Academic Papers

Academic Papers feature the recent works of Center Scholars and Affiliates.

• The Economic Implications of Restricting Spectrum Purchases in the Incentive Auctions, co-authored by Robert Shapiro, Douglas Holtz-Eakin and Coleman Bazelon (April 2013)
• Evaluating the Effectiveness of Environmental Offset Policies, co-authored by Robert Hahn and Kenneth Richards
• Competing Environmental Labels, co-authored by Tom Lyon and Carolyn Fischer (December 2012)
• Corporate Environmental Strategies in Developing and Transition Economies, co-authored by Tom Lyon, Dietrich Earnhart and Madhu Khanna (December 2012)
• Cleaner Production in Small Firms taking part in Mexico’s Sustainable Supplier Program, a paper co-authored by Tom Lyon and Bart van Hoof (September 2012)
• Beyond the Dichotomy of Symbolic versus Substantive Actions: Evidence from Corporate Environmental Management, a paper co-authored by Tom Lyon and Eun-Hee Kim (September 2012)
• How Do Investors Respond to Green Company Awards in China?, a paper co-authored by Tom Lyon,  Yao Lu, Xinzheng Shi, and Qie Yin (September 2012)
• Technological Development at the Boundaries of the Firm: A Knowledge -Based Examination in Drug Development, a paper by Jeffrey Macher and Christopher Boerner in the Strategic Management Journal (August 2012)
• Environmental Disclosure: Evidence from Newsweek‘s Green Companies Rankings, a paper by Tom Lyon and Jay Shimshack in Business and Society (August 2012)
• Environmental Disclosure: Evidence from Newsweek‘s Green Companies Rankings, a paper co-authored by Tom Lyon and Jay Shimshack in Business and Society (August 2012)
• Self-Regulation, Negotiated Agreements and Social Welfare, a paper co-authored by Tom Lyon and John W. Maxwell (July 2012)
• Tweetjacked: The Impact of Social Media on Corporate Greenwash, a paper co-authored by Tom Lyon and A. Wren Montgomery (June 2012)
• An Economic Analysis of Auction Set-Asides, a paper by Michael L. Katz (May 2012)
• The World of Regulatory Influence, a paper by Jeffrey Macher and John Mayo in the Journal of Regulatory Economics (January 2012)
• Regulator Heterogeneity and Endogenous Efforts to Close the Information Asymmetry Gap: Evidence From FDA Regulation a paper by Jeffrey Macher, John Mayo and Jackson Nickerson in the Journal of Law and Economics 54(1): 25-54 (2011)
• Demand in a Portfolio-Choice Environment: The Evolution of Telecommunications, a paper by Jeffrey T. Macher, John W. Mayo, Olga Ukhaneva, and Glenn Woroch (November 2011)
• The Economic Origins of Democracy, a paper by Dennis P. Quinn and John R. Freeman, forthcoming in American Political Science Review 106(1): in press (November 2011) Figures
• The Evolution of Regulation: 20th Century Lessons and 21st Century Opportunities, a paper by John W. Mayo (June 2011)
• Wallsten releases new paper on the inefficiencies of the Universal Service Fund (February 23, 2011)
• Regulator Heterogeneity and Endogenous Efforts to Close the Information Asymmetry Gap, a paper by Jeffrey T. Macher, John W. Mayo and Jackson Nickerson, appearing in Journal of Law and Economics, vol. 54 (February 2011)
• The Paranoid Style in Regulatory Reform, a paper by Jodi L. Short, appearing in 63 Hastings Law Journal (2011, forthcoming)
• The Influence of Firms on Government, a paper by Jeffrey Macher, John Mayo and Mirjam Schiffer in The B.E. Journal of Economic Analysis & Policy (January 2011)
• Wholesalers and Retailers in U.S. Trade, a paper by Andrew Bernard, J. Bradford Jensen, Stephen J. Redding, and Peter K. Schott in American Economic Review (2010)
• Environmental Offset Programs: Survey and Synthesis, a paper by Robert Hahn and Keith R. Richards in Indiana University School of Public & Environmental Affairs Research Paper No. 2010-12-01 (December 2010)
• Residential Broadband Competition in the United States, by Scott Wallsten and Colleen Mallahan, a white paper drafted for the Federal Communication Commission’s Omnibus Broadband Initiative (October 2010)
• Making a Market out of a Mole Hill? Geographic Market Definition in Aspen Skiing, by John W. Mayo & Jeffrey T. Macher, published by the Journal of Competition Law & Economics (September 2010)
• The Future of Digital Communications Research and Policy, by Scott Wallsten, published through Time Warner Cable Research Program on Digital Communications (September 2010)
• Addressing the Next Wave of Internet Regulation: Toward a Workable Principle for Nondisrcimination, by Robert Hahn, Robert Litan, Hal Singer (August 2010)
• What Payment Intermediaries Are Doing About Online Liability and Why It Matters, by Mark MacCarthy (July 2010)
• A New Analysis of Broadband Adoption Rates by Majority Households, by Robert Shapiro and Kevin Hassett (June 2010)
• Information Security Policy in the U.S. Retail Payment Industry, by Mark MacCarthy presented at the Workshop on Economics of Information Security at Georgetown University (June 2010)
• Intra-Firm Trade and Product Contractibility, by Andrew B. Bernard, J. Bradford Jensen, Stephen J. Redding, and Peter K. Schott (May 2010)
• The Margins of US Trade, by Andrew B. Bernard, J. Bradford Jensen, Stephen J. Redding, and Peter K. Schott (May 2010)
• Measuring Intangible Capital: How Do You Measure a “Technological Revolution”?, by Carol Corrado and Charles R. Hulten, originally published by American Economic Review: Papers & Proceedings 100: 99-104 (May 2010)
• The Economics of Achieving Fiscal Sustainability, by Antonio Fatás, paper prepared for the Academic Consultants Meeting at the Board of Governors, Federal Reserve (April 2010)
• Policy Volatility, Institutions and Economic Growth, a working paper by Antonio Fatás and Ilian Mihov  (March 2010)
• Making a Market out of a Mole Hill? Geographic Market Definition in Aspen Skiing, by Jeffrey Macher and John Mayo (December 2009)
• Measuring Intangible Capital and Its Contribution to Economic Growth in Europe, by Carol Corrado, Bart van Ark, Janet X. Hao and Charles Hulten, originally published by European Investment Bank Papers, volume 14, No. 1 (December 2009)
• Government Failure and Market Failure: On the Inefficiency of Environmental and Energy Policy, By Robert W. Hahn and David Anthoff, available through the Social Sciences Research Network (November 2009)
• Measuring the Impact of Trade in Services: Prospects and Challenges, by J. Bradford Jensen, prepared for the “Measurement Issues Arising from the Growth of Globalization” Conference held Nov 6-7, 2009 in Washington, DC (November 2009)
• Endogenous Regulatory Constraints and the Emergence of Hybrid Regulation, by John W. Mayo and Larry Blank, originally appearing in the Review of Industrial Organization, Vol. 34, No. 3 (November 2009)
• The 4 I’s of Economic Growth, by Antonio Fatás and Ilian Mihov (November 2009)
• The Case for Restricting Fiscal Policy Discretion, by Antonio Fatás and Ilian Mihov, originally appearing in the Quarterly Journal of Economics (November 2009)
• Evaluating Estimates of Materials Offshoring from U.S. Manufacturing, by J. Bradford Jensen and Robert C. Feenstra (October 2009)
• Sacred Cars? Cost-Effective Regulation of Stationary and Non-stationary Pollution Sources, a working paper by Catherine Wolfram, Meredith Fowlie and Christopher Knittel (September 2009)
• Regulating Risk: Lessons Learned and Rational Reform, by Edward Soule, Associate Professor, McDonough School of Business (September 2009)
• Towards Universal Broadband: Flexible Broadband Pricing and the Digital Divide, by Kevin A. Hassett & Robert J. Shapiro (September 2009)
• Why the iPhone Won’t Last Forever and What the Governement Should Do to Promote its Successor, by Robert Hahn and Hal J. Singer (September 2009)
• Buy Local? The Geography of Venture Capital, by Josh Lerner, with Henry Chen, Paul Gompers, Anna Kovner (September 2009)
• The Investment Strategies of Sovereign Wealth Funds, by Josh Lerner, Shai Bernstein and Antoinette Schoar (September 2009)
• Why Do States Adopt Renewable Portfolio Standards?: An Empirical Investigation, by Thomas P. Lyon, with Haitao Yin (September 2009)
• Intangible Capital and U.S. Economic Growth, by Carol Corrado, with Charles Hulten and Daniel Sichel, originally published by the Review of Income and Wealth, Series 55, Number 3 (September 2009)
• Coming Clean and Cleaning Up: Is Voluntary Self-Reporting a Signal of Effective Self-Policing?, by Jodi L. Short and Michael W. Toffel (July 2009)
• Greenhouse Gas Auctions and Taxes: Some Political Economy Considerations, by Robert W. Hahn, originally appearing in the Review of Environmental Economics and Policy Advance Access (June 2009)
• An Economic Perspective on a U.S. National Broadband Plan, by Robert W. Hahn and Scott Wallsten (June 2009)
• Enabling Wireless Communications: The Role of Secondary Spectrum Markets, by John Mayo and Scott Wallsten (June 2009)
• Common Costs and Cross-Subsidies: Misestimation Versus Misallocation, Mark L. Burton, David L. Kaserman, John W. Mayo, Contemporary Economic Policy (ISSN 1465-7287) (April 2009)
• Climate Policy: Separating Fact from Fantasy, by Robert W. Hahn, originally appearing in Harvard Environmental Law Review, vol. 33 2009 (April 2009)
• Macroeconomic Policy: Does it Matter for Growth, by Antonio Fatás and Ilian Mihov, originally in the World Bank Commission on Growth and Development (48) (April 2009)
• The Margins of US Trade, by J. Bradford Jensen, with Andrew B. Bernard, Stephen J. Redding, and Peter K. Schott (January 2009)
• The Euro and Fiscal Policy, by Antonio Fatás and Ilian Mihov, a NBER Working Paper No. 14772, forthcoming in The First Ten Years of The Euro, eds. Alberto Alesina and Francesco Giavazzi (University of Chicago Press) (January 2009)
• Ten Years of Fiscal Policy Under a Common Currency, by Antonio Fatás and Ilian Mihov, originiall in EMU at Ten: Should Sweden, Denmark and the UK join the Euro? SNS report, Stockholm, Sweden (January 2009)
• Greenhouse Gas Reductions or Greenwash?: The DOE’s 1605(b) Program, Eun-Hee Kim and Thomas P. Lyon (May 2008)
• Understanding International Broadband Comparisons, Scott Wallsten, originally published by The Technology Policy Institute (May 2008)
• Reverse Auctions and Universal Telecommunications Service: Lessons from Global Experience, Scott Wallsten (April 2008)
• “Fear” and Offshoring: The Scope and Potential Impact of Imports and Exports of Services, by J. Bradford Jensen and Lori G. Kletzer (January 2008)
• Innovation in Global Industries: U.S. Firms Competing in a New World – Introduction, by Jeffrey T. Macher and David C Mowery (January 2008)
• Understanding Participation in Social Programs: Why Don’t Households Pick up the Lifeline?, John W. Mayo, Mark Burton, and Jeffrey Macher (November 2007)
• The “Non-Globalization” of Innovation in the Semiconductor Industry, Jeffrey T. Macher, David C. Mowery, and Alberto Di Minin, California Management Review, Vol. 50, No.1 (October 2007)
• Quantitative Goals for Monetary Policy, by Antonio Fatás, Ilian Mihov and Andrew K. Rose, originally in the Journal of Money, Credit and Banking (August 2007)
• The Causes and Consequences of Industry Self-Policing, by Jodi L. Short and Michael W. Toffel (January 2007)
• Coordinating on Lower Prices: Pharmaceutical Pricing Under Political Pressure, by Catherine Wolfram and Sara Fisher Ellison (June 2006)
• The Macroeconomic Effects of Fiscal Rules in the U.S. States, by Antonio Fatás and Ilian Mihov, originally in the Journal of Public Economics 90 (1) *with slightly alterted title (March 2006)
• Experience and Scale and Scope Economies: Trade-offs and Performance in Development, by Jeffrey T. Macher and Christopher S. Boerner, originally appearing in Strategic Management Journal, 27:845-865 (2006) (January 2006)
• Turning Themselves In: Why Companies Disclose Regulatory Violations, by Jodi Short and Michael Toffel, published through the University of California (January 2005)
• The Case for Restricting Fiscal Policy Discretion, by Antonio Fatás and Ilian Mihov, originally in the Quarterly Journal of Economics (November 2003)
• Killing the Messenger: The Use of Nondisclosure Agreements to Silence Whistleblowers, by Jodi Short, published by the University of Pittsburgh Law Review (June 1999)