M-RCBG Faculty Working Paper Series

2014

Asiaphoria Meets Regression to the Mean
Lawrence H. Summers and Lant Pritchett | M-RCBG Faculty Working Paper No. 2014-04

Artful Paltering: The Risks and Rewards of Using Truthful Statements to Mislead Others
Todd Rogers, Richard Zeckhauser, Francesca Gino, Maurice Schweitzer and Mike Norton | M-RCBG Faculty Working Paper No. 2014-03

The Role of Distribution in Regulatory Analysis and Decision Making
Lisa A. Robinson, James K. Hammitt, and Richard Zeckhauser | M-RCBG Faculty Working Paper No. 2014-02

The Linkage of Greenhouse Gas Emissions Trading Systems: Learning from Experience
Matthew Ranson and Robert N. Stavins | M-RCBG Faculty Working Paper No. 2014-01

2013

Risk Regulation Lessons from Mad Cows
Joseph Aldy and W. Kip Viscusi| M-RCBG Faculty Working Paper No. 2013-16

The Future of the Currency Union
Jeffrey Frankel | M-RCBG Faculty Working Paper No. 2013-15

Effects of Speculation and Interest Rates in a "Carry Trade" Model of Commodity Prices
Jeffrey Frankel | M-RCBG Faculty Working Paper No. 2013-14

The Decline, Rebound, and Further Rise in SNAP Enrollment: Disentangling Business Cycle Fluctuations and Policy Changes
Jeffrey Liebman and Peter Ganong | M-RCBG Faculty Working Paper No. 2013-13

Do Expiring Budgets Lead to Wasteful Year-End Spending? Evidence from Federal Procurement
Jeffrey Liebman and Neale Mahoney | M-RCBG Faculty Working Paper No. 2013-12

Ignorance: Lessons from the Laboratory of Literature
Devjani Roy and Richard Zeckhauser | M-RCBG Faculty Working Paper No. 2013-11

Patents, Monopoly Power, and the Pricing of Pharmaceuticals in Low-Income Nations
F. M. Scherer | M-RCBG Faculty Working Paper No. 2013-10

Audits as Signals
Richard Zeckhauser and Maciej Kotowski | M-RCBG Faculty Working Paper No. 2013-09

Two Paradoxes in the Theory of Capital Investment and Competition
F.M. Scherer | M-RCBG Faculty Working Paper No. 2013-08

The F.T.C., Oligopoly, and Shared Monopoly
F.M. Scherer | M-RCBG Faculty Working Paper No. 2013-07

Financial Mergers and Their Consequences
F.M. Scherer | M-RCBG Faculty Working Paper No. 2013-06

The Decisions of Entrepreneurs and Their Agents: Revealed Levels of Risk Aversion and Betrayal Aversion
Richard Zeckhauser | M-RCBG Faculty Working Paper No. 2013-05

Association of Southeast Asian Nations, People's Republic of China, and India Growth and the Rest of the World: The Role of Trade
Robert Z. Lawrence | M-RCBG Faculty Working Paper No. 2013-04

Social Class and (Un)ethical Behavior: A Framework, with Evidence from a Large Population Sample
Richard Zeckhauser | M-RCBG Faculty Working Paper No. 2013-03

The Fiscal and Economic Effects of Austerity: Opening Remarks to the Senate Budget Committee of June 4, 2013
Lawrence H. Summers | M-RCBG Faculty Working Paper No. 2013-02

The Financial Legacy of Iraq and Afghanistan: How Wartime Spending Decisions Will Constrain Future National Security Budgets
Linda J. Bilmes | M-RCBG Faculty Working Paper No. 2013-01

2012

Challenges for Japan and the United States Over the Next Two Decades
Ezra Vogel |M-RCBG Faculty Working Paper No. 2012-18

China, the USA and Asia's Future
Tony Saich |M-RCBG Faculty Working Paper No. 2012-17

Energy Policy: Made in Japan
William W. Hogan |M-RCBG Faculty Working Paper No. 2012-16

Japan's Economic Prospects
Roger B. Porter |M-RCBG Faculty Working Paper No. 2012-15

National Security Policy
Joseph S. Nye, Jr. |M-RCBG Faculty Working Paper No. 2012-14

Internationalization of the RMB and Historical Precedents
Jeffrey Frankel |M-RCBG Faculty Working Paper No. 2012-13

The SO2 Allowance Trading System: The Ironic History of a Grand Experiment
Robert N. Stavins |M-RCBG Faculty Working Paper No. 2012-12

Post-Durban Climate Policy Architecture Based on Linkage of Cap-And-Trade Systems
Robert N. Stavins |M-RCBG Faculty Working Paper No. 2012-11

The Tax Everyone Loves to Hate: Principles of Property Tax Reform
Jay K. Rosengard |M-RCBG Faculty Working Paper No. 2012-10

On Graduation from Fiscal Procyclicality
Jeffrey A. Frankel, Carlos A. Vegh, and Guillermo Vuletin |M-RCBG Faculty Working Paper No. 2012-09

Underfunded Public Pensions in the United States: The Size of the Problem, the Obstacles to Reform and the Path Forward
Thomas J. Healey, Carl Hess, and Kevin Nicholson | M-RCBG Faculty Working Paper No. 2012-08

Sustainable Coooperation in Global Climate Policy: Specific Formulas and Emission Targets
Jeffrey Frankel |M-RCBG Faculty Working Paper No. 2012-07

Mauritius: African Success Story
Jeffrey Frankel |M-RCBG Faculty Working Paper No. 2012-06

Economic Shocks and Their Implications for International Politics
Jeff Frankel |M-RCBG Faculty Working Paper No. 2012-05

What Small Countries Can Teach the World
Jeff Frankel |M-RCBG Faculty Working Paper No. 2012-04

Technological Abundance for Global Agriculture: The Role of Biotechnology
Calestous Juma |M-RCBG Faculty Working Paper No. 2012-03

Gasoline Taxes and Consumer Behavior
Shanjun Li, Joshua Linn, and Erich Muehlegger |M-RCBG Faculty Working Paper No. 2012-02

The SO2 Allowance Trading System and the Clean Air Act Amendments of 1990: Reflections on Twenty Years of Policy Innovation
Gabriel Chan, Robert N. Stavins, Robert Stowe, and Richard Sweeney | M-RCBG Faculty Working Paper No. 2012-01 

2011

Choosing an Exchange Rate Regime
Jeffrey Frankel | M-RCBG Faculty Working Paper No. 2011-16

If The Banks Are Doing So Well, Why Can't I Get A Loan? Regulatory Constraints to Financial Inclusion in Indonesia
Jay K. Rosengard | M-RCBG Faculty Working Paper No. 2011-15

A Preliminary Review of the American Recovery and Reinvestment Act’s Clean Energy Package
Joseph Aldy | M-RCBG Faculty Working Paper No. 2011-14

The Competitiveness Impacts of Climate Change Mitigation Policies 
Joseph Aldy and William Pizer | M-RCBG Faculty Working Paper No. 2011-13

R&D Costs and Productivity in Biopharmaceuticals
F.M. Scherer | M-RCBG Faculty Working Paper No. 2011-12

The Promise and Problems of Pricing Carbon: Theory and Experience
Joseph Aldy and Robert N. Stavins | M-RCBG Faculty Working Paper No. 2011-11

Mergers and Innovation in the Pharmaceutical Market
William S. Comanor and F.M. Scherer | M-RCBG Faculty Working Paper No. 2011-10

Using the Market to Address Climate Change: Insights from Theory and Experience
Joseph Aldy and Robert N. Stavins | M-RCBG Faculty Working Paper No. 2011-09

Real-Time Economic Analysis and Policy Development During the BP Deepwater Horizon Oil Spill
Joseph Aldy | M-RCBG Faculty Working Paper No. 2011-08

Can Leading Indicators Assess Country Vulnerability?  Evidence from the 2008-09 Global Financial Crisis
Jeffrey Frankel | M-RCBG Faculty Working Paper No. 2011-07

Eisenhower Study Group on the Costs of War
Linda J. Bilmes | M-RCBG Faculty Working Paper No. 2011-06

Parallel R&D Paths Revisited
F.M. Scherer | M-RCBG Faculty Working Paper No. 2011-05

The Availability and Utilization of 401(k) Loans
John Beshears, James J. Choi, David Laibson, and Brigitte C. Madrian | M-RCBG Faculty Working Paper No. 2011-04

The Value of Terroir: Hedonic Estimation of Vineyard Sales Prices
Robin Cross, Andrew J. Plantinga, and Robert N. Stavins | M-RCBG Faculty Working Paper No. 2011-03

Behavioral Economics Perspectives on Public Sector Pension Plans
John Beshears, James J. Choi, David Laibson, and Brigitte C. Madrian | M-RCBG Faculty Working Paper No. 2011-02

The Unintended Consequences of Successful Resource Mobilization: Financing Development in Vietnam
Jay Rosengard, Trần Thị Quế Giang, Đinh Vũ Trang Ngân, Huỳnh Thế Du, and Juan Pablo Chauvin | M-RCBG Faculty Working Paper No. 2011-01

2010

 AGOA Rules: The Intended and Unintended Consequences of Special Fabric Provisions
Lawrence Edwards and Robert Z. Lawrence | M-RCBG Faculty Working Paper No. 2010-14

The Problem of the Commons: Still Unsettled After 100 Years
Robert N. Stavins | M-RCBG Faculty Working Paper No. 2010-13

How Good Politics Results in Bad Policy: The Case of Biofuel Mandates
Robert Z. Lawrence | M-RCBG Faculty Working Paper No. 2010-12

Standard Oil as a Technological Innovator
F.M. Scherer | M-RCBG Faculty Working Paper No. 2010-11

Abuse of Dominance by High-Technology Enterprises: A Comparison of U.S. and E.C. Approaches
F.M. Scherer | M-RCBG Faculty Working Paper No. 2010-10

The Regulation of Consumer Financial Products: An Introductory Essay with Four Case Studies
John Y. Campbell, Howell E. Jackson, Brigitte C. Madrian, and Peter Tufano | M-RCBG Faculty Working Paper No. 2010-09

Interactions Between State and Federal Climate Change Policies
Lawrence H. Goulder and Robert N. Stavins | M-RCBG Faculty Working Paper No. 2010-08

Three Key Elements of Post-2012 International Climate Policy Architecture
Sheila M. Olmstead and Robert N. Stavins | M-RCBG Faculty Working Paper No. 2010-07

Consumer Response to Cigarette Excise Tax Changes
Lesley Chiou and Erich J. Muehlegger | M-RCBG Faculty Working Paper No. 2010-06

A Perplexed Economist Confronts 'Too Big to Fail'
F.M. Scherer | M-RCBG Faculty Working Paper No. 2010-05

Consumer Learning and Hybrid Vehicle Adoption
Heutel, Garth, and Erich Muehlegger | M-RCBG Faculty Working Paper No. 2010-04

The Effect of Allowance Allocations on Cap-and-Trade System Performance
Robert W. Hahn and Robert N. Stavins | M-RCBG Faculty Working Paper No. 2010-03

Fuel Tax Incidence and Supply Conditions
Justin Marion and Erich Muehlegger | M-RCBG Faculty Working Paper No. 2010-02

The Dynamics of Capitalism
F.M. Scherer | M-RCBG Faculty Working Paper No. 2010-01

2009

How Does Simplified Disclosure Affect Individuals' Mutual Fund Choices?
John Beshears, James Choi, David Laibson and Brigitte C. Madrian |M-RCBG Faculty Working Paper No. 2009-02

Oversight is a Many-Splendored Thing: Choice and Proportionality in Regulating and Supervising Microfinance Institutions
Jay K. Rosengard |M-RCBG Faculty Working Paper No. 2009-01