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Working Papers

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Paper Number Title Authors
WP08-08-02 Elected Versus Appointed County Commission Executives:
Political Favors and Support Facilities
Gary A. Hoover
WP08-08-01 Lotteries, Public Good Provision and the Degree of Rivalry Paul Pecorino and Akram Temimi
WP08-03-02 Is the Coach Paid Too Much: Coaching Salaries and the NCAA Cartel Amy Farmer and Paul Pecorino
WP08-03-01 More on Non-White Poverty and the Macro-Economy Gary A. Hoover, Walter Enders, and Donald G. Freeman
WP08-02-01 Valid Inference for a Class of Models Where Standard Inference Performs Poorly; Including Nonlinear Regression, ARMA, GARCH, and nobserved Components
Jun Ma and Charles R. Nelson
WP08-01-01 Non-White Poverty and the Macro-Economy: The Impact of Growth Gary A. Hoover, Walter Enders, and Donald G. Freeman
WP07-09-10 The Long-Run Risk in Consumption and Equity Premium Puzzle: New Evidence Based on Improved Inference Jun Ma
WP07-09-09

Federal Expenditure and the Revolution of ‘94

Gary A. Hoover and Paul Pecorino
WP07-09-08 Public Good Provision in Large Groups: Olson Was (Almost Always) Right! Paul Pecorino
WP07-09-07 Option Price without Expected Utility Paan Jindapon and W. Douglass Shaw
WP07-09-06 A Closed-Form Asymptotic Variance-Covariance Matrix for the Quasi Maximum Likelihood Estimator of the GARCH(1,1) Model Jun Ma
WP07-09-05 Analyst Conflicts and Research Quality Anup Agrawal and Mark A. Chen
WP07-09-04

Corporate Governance Consequences of Accounting Scandals:      Evidence from Top Management, CFO and Auditor Turnover 

Anup Agrawal and Tommy Cooper
WP07-09-03 Do Analyst Conflicts Matter? Evidence from Stock Recommendations Anup Agrawal and Mark A. Chen
WP07-09-02 Insider Trading Before Accounting Scandals Anup Agrawal and Tommy Cooper
WP07-09-01 Endogenous Financial Development and Inflation Thresholds Edgar A. Ghossoub and Robert R. Reed
WP07-08-03 Elected Versus Appointed School District Officials: Is There a Difference in Student Outcomes? Gary A. Hoover
WP07-08-02 Income Inequality and The Business Cycle: A Threshold Cointegration Approach Gary A. Hoover, Daniel C. Giedeman and Sel Dibooglu
WP07-08-01 By-Product Lobbying: Was Stigler Right? Paul Pecorino
WP07-07-01 The Price-Output Correlation and the Variance of Output James P. Cover and Paul Pecorino
WP07-01-01 Addressing Strategic Manipulation in Emissions Trading Programs Walter Misiolek and Harold Elder
WP06-10-01 Import Protection Bias Paul Pecorino
WP06-10-02 Monopolistic Competition, Growth and Public Good Provision Paul Pecorino
WP06-07-01 Bargaining with Asymmetric Dispute Costs Paul Pecorino and Mark Van Boening
WP05-06-01 A Game-Theoretic Model of Plagiarism Gary A. Hoover
WP05-02-01Preferences, Information and Settlement Failure Amy Farmer and Paul Pecorino
WP04-11-01Fairness in an Embedded Ultimatum Game Paul Pecorino and Mark Van Boening
WP04-10-05Are Outsiders Handicapped in CEO Successions? Anup Agrawal, Charles R. Knoeber, Theofanis Tsoulouhas
WP04-10-04Contests to Become CEO: Incentives, Selection and Handicaps. Anup Agrawal, Charles R. Knoeber, Theofanis Tsoulouhas
WP04-10-03Who is Afraid of Reg FD? The Behavior and Performance of Sell-Side Analysts Following the SEC’s Fair Disclosure Rules. Anup Agrawal and Sahiba Chadha
WP04-10-02Corporate Governance and Accounting Scandals Anup Agrawal and Sahiba Chadha
WP04-10-01Analyst Conflicts and Research Quality Anup Agrawal and Mark A. Chen
WP04-09-01Rent-Seeking with Scarce Talent: A Model of Preemptive Hiring Sami Dakhlia and Paul Pecorino
WP04-04-01Olson’s Logic Revisited: The Role of Small Fixed Costs of Participation Paul Pecorino and Akram Temimi
WP04-01-01Rent Seeking:  A Textbook Example Paul Pecorino
WP03-11-01Dispute Rates and Contingency Fees:  An Analysis from the Signaling Model. Amy Farmer and Paul Pecorino
WP03-10-02Whose Line is it?: A Survey of Plagiarism in the Economics Profession Walter Enders and Gary A. Hoover
WP03-10-01Examining the Relationship between the Poverty Rate and Economic Conditions: A Comparison of the 1980s and 1990s Gary A. Hoover and Geoffrey L. Wallace
WP03-08-01Civil Litigation with Mandatory Discovery and Voluntary Transmission of Private Information Amy Farmer and Paul Pecorino
WP03-06-01History of the Forecasters: An Assessment of the Semi-Annual U.S. Treasury Bond Yield Survey as Reported in The Wall Street Journal Robert Brooks and Brian Gray
WP03-05-01Salesperson Bonuses And Their Impact On Residential Property Price And Duration Ken H. Johnson, Randy I.  Anderson,  Justin D. Benefield
WP03-04-02An economic perspective on transnational terrorism Todd Sandler and Walter Enders
WP03-04-01The Political Determinants of Federal Expenditure at the State Level Gary A. Hoover, Paul Pecorino
WP02-08-02Using the Aggregate Demand-Aggregate Supply Model to Identify Structural Demand-Side and Supply-Side Shocks: Results Using A Bivariate VAR. James Perry Cover, Walter Enders, C. James Hueng
WP02-08-01Forecasting Asymmetries in Stock Returns: Evidence from Higher Moments and Conditional Densities C. James Hueng and Robert Brooks
WP02-07-01Pretrial Signaling with Negative Expected Value Suits Amy Farmer and Paul Pecorino 
WP02-06-01Structural Assessment of Risk Systems and Value at Risk (VaR) Joe H. Sullivan, Robert Brooks, and Zachary G. Stoumbos
WP02-04-02Overreaction in the Japanese Stock Market Chaoshin Chiao and C. James Hueng
WP02-04-01Poverty, Non-White Poverty, and the Sen Index Gary A. Hoover, John P. Formby, and Hoseong Kim
WP02-02-02A Note on The Value of Limited Liability: An Extension of the Theory of the Firm Robert Brooks and Benton Gup
WP02-02-01A Distribution Approach for Single Factor Option Valuation Models Robert Brooks
WP01-10-02Risk Management of Natural Gas Exposure Wei Feng and Robert Brooks
WP01-10-01Partial Hedging and Its Applications-A Probabilistic Approach Wei Feng and Robert Brooks
WP01-08-02The Correlation Between Shocks to Output and the Price Level: Evidence from a Multivariate GARCH Model James Peery Cover and C. James Hueng
WP01-08-01Value at Risk Applied to Natural Gas Forward Contracts Robert Brooks
WP01-05-01Price and Output Stability Under Price Level Targeting James P. Cover and Paul Pecorino 
WP01-03-02Cointegration and Threshold Adjustment Walter Enders and Pierre Siklos
WP01-03-01The Impact of Non-Revenue Maximizing Factors on State Level Cigarette Tax Rates Gary A. Hoover
WP01-02-06Is Transnational Terrorism Becoming More Threatening? Walter Enders and Todd Sandler
WP01-02-05A General Test For Time-dependence in Parameters Ralf Becker, Walter Enders and Stan Hurn
WP01-02-04Long-Run Purchasing Power Parity with Asymmetric Adjustment Walter Enders and Selahattin Dibooglu
WP01-02-03Improved Critical Values for the Enders-granger Test Walter Enders 
WP01-02-02Tests for Nonlinear Decay Using a Fourier Approximation Walter Enders and Jorge Ludlow 
WP01-02-01The Effect of Robust Growth on Poverty: A Nonlinear Analysis Walter Enders and Gary A. Hoover
WP01-01-04Should the US Allow Prescription Drug Reimports from Canada Paul Pecorino
WP01-01-03An Empirical Analysis of Bargaining with Voluntary Transmission of Private Information Paul Pecorino and Mark Van Boening
WP01-01-01Urban Finance and the Cost of Tax Policy Uncertainty: Evidence From the Municipal Swap Market Robert Brooks
WP01-01-02Managing the Maturity Structure of municipal debt: A surplus optimization framework Robert Brooks
WP00-11-01Economic Growth in the United States: Comparisons of Estimates Based Upon Official Poverty Statistics and Sen's Index of Poverty John P. Formby, Gary A. Hoover and Hoseong Kim
WP00-10-03Pretrial Settlement with Fairness Paul Pecorino and Amy Farmer
WP00-10-02Predictive Abilities of Inflation-Forecasting Models Using Real Time Date C. James Hueng and Ka-fu Wong
WP00-10-01The Correlation Between Shocks to Output and the Price Level James Perry Cover and C. James Hueng
WP00-08-03Changes in Risk and Asset Prices Christian Gollier and Harris Schlesinger
WP00-08-05Optimal Monetary Policy and the Correlation between Prices and Output James Cover and Paul Pecorino
WP00-08-04The Causes of Bargaining Failure: Evidence from Major League Baseball Amy Farmer, Paul Pecorino and Victor Stango
WP00-08-02The Effects of Federation Formation and Dissolution on Regional Social Welfare: Some Global Results. Paul Rothstein and Gary A. Hoover
WP00-08-01The Impact of Demographics on Policy Outcomes under Varying Institutional Frameworks Gary Hoover
WP00-07-02Bargaining with Voluntary Transmission of Private Information: Does the Use of Final Offer Arbitration Impede Settlement? Paul Pecorino and Amy Farmer
WP00-05-01Policy Reform and the Free-Rider Problem Paul Pecorino and John R. Conlon
WP00-04-03Do Some Outside Directors Play a Political Role? Anup Agrawal and Charles R. Knoeber
WP00-04-02Do Bubbles and Time-Varying Risk Premiums Affect Stock Prices?  A Kalman Filter Approach Lii-Tarn Chen, C. James Hueng, and Chien-fu Jeff Lin
WP00-04-01The Behavior of the Target Value of the Federal Funds Rate and Inflation When Monetary Policy is Credible James P. Cover
WP00-03-03Salary Determinants of Entry Level Academic Economists and Factors Influencing Hiring on the Tenure Track John P. Formby and Gary A. Hoover
WP00-03-02Pretrial Bargaining with Self-Serving Bias and Asymmetric Information. Amy Farmer and Paul Pecorino
WP00-02-03Can By-product Lobbying Firms Compete? Paul Pecorino
WP00-02-02Do Takeover Targets Under-perform? Anup Agrawal and Jeffrey F. Jaffe
WP00-02-01CEO Successions: Insiders vs. Outsiders Anup Agrawal, Charles R. Knoeber and Theofanis Tsoulouhas
WP00-01-01Are Policy Rules Better than the Discretionary System in Taiwan James Cover, C. James Hueng, Ruey Yau
WP99-12-02The Post-merger Performance Puzzle Anup Agrawal and Jeffrey F. Jaffe
WP99-12-01Does Jury Bias Matter? Amy Farmer and Paul Pecorino
WP99-10-01The Length of U.S. Business Expansions:  When Did the Break in the Data Occur? James P. Cover and Paul Pecorino
WP99-07-01Outside Directors, Politics, and Firm Performance Anup Agrawal and Charles R. Knoeber
WP98-07-01Conditions for Cournot Cooperation in Large Markets: A Reinterpretation Paul Pecorino