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- Trading Tasks: A Simple Theory Of OffShoring.
- For centuries, most international trade involved an exchange of complete goods. But, with recent improvements in transportation and communications technology, it increasingly entails different countries adding value to global supply chains, or what might be called ?trade in tasks.? A new conceptualization of the global production process is proposed that...
- White papers 2006-08-01
- Dynamic Models For Freight Transportation
- Freight transportation is characterized by a variety of dynamic information processes: the demands of customers, the performance of people and equipment, and the performance of the network. In addition, large networks are characterized by how they organize decisions and information: who makes what decision with what information? This paper approaches...
- White papers 2005-09-14
- Parental Substance Abuse and Child Health and Behavior
- The paper uses data from the Fragile Families and Child Wellbeing Study (N = 3,031) to explore the issues among a cohort of 3 year old children. It finds that children living with a substance-abusing parent are at considerable risk for poor health and behavior outcomes, that such risk is...
- White papers 2004-10-20
- Pay for Short-Term Performance: Executive Compensation in Speculative Markets
- This paper argues that the root cause behind the recent corporate scandals associated with CEO pay is the technology bubble of the latter half of the 1990s. Far from rejecting the optimal incentive contracting theory of executive compensation, the recent evidence on executive pay can be reconciled with classical agency...
- White papers 2004-10-13
- Optimal Investment With Derivative Securities
- This paper considers an investor who maximizes expected exponential utility of terminal wealth, combining a static position in derivative securities with a traditional dynamic trading strategy in stocks. Our main result, obtained by studying the strict concavity of the utility-indifference price as a function of the static positions, is that,...
- White papers 2004-08-04
- Effects of Child Health on Sources of Public Support
- This paper estimates the effects of having a young child in poor health on mothers' reliance on TANF and other sources of public support within this new regime. The effects on maternal labor supply found in other studies would suggest that having a child in poor health would increase reliance...
- White papers 2004-08-01
- In-Hospital Paternity Establishment and Father Involvement in Fragile Families
- This paper assesses the effectiveness of in-hospital paternity establishment, a federal requirement since 1993. It avoids biases in previous studies by using nationally representative data (N = 3,254), by including detailed controls for characteristics of unwed mothers and previously unavailable controls for characteristics of fathers, and by estimating reduced form...
- White papers 2004-07-01
- Health in an Age of Globalization
- This paper aims to present some of the arguments from the public health literature as seen through the eyes of at least one economist. Disease has traveled with goods and people since the earliest times. Armed globalization spread disease, to the extent of eliminating entire populations. The geography of disease...
- White papers 2004-07-01
- The Lasting Impact of Childhood Health and Circumstance
- The findings of this paper suggests more attention be paid to health as a potential mechanism through which intergenerational transmission of economic status takes place: cohort members born into poorer families experienced poorer childhood health, lower investments in human capital and poorer health in early adulthood, all of which are...
- White papers 2004-04-27
- The Economics of Real Superstars: The Market for Rock Concerts in the Material World
- Beginning in 1997, the price of concert tickets took off, and ticket sales and the number of concerts performed by top artists declined. From 1996 to 2003, for example, the average concert price increased by 82 percent while the CPI increased by just 17 percent. This paper summarizes and seeks...
- White papers 2004-04-12
- Booms, Busts, and Babies' Health
- This paper documents a counter-cyclical pattern in the health of children, and examines whether this pattern is due to selection among women choosing to give birth or to behavioral changes. The paper gives the study of the relationship between the unemployment rate at the time of a baby's conception and...
- White papers 2004-03-08
- Effects of Child Health on Parents' Relationship Status
- The purpose of this paper is to estimate the effects of poor child health on parents' relationship status. It describes the measures used in analyses and present summary statistics from the data. The paper uses data from the national longitudinal Fragile Families and Child Wellbeing Study to estimate the effect...
- White papers 2003-12-01
- Case-Study of a Coal Gasification-Based Energy Supply System for China
- Syngas city (SC) is a concept for a coal gasification-based energy supply system that deploys gasification-based polygeneration technologies to meet energy needs of coal-rich areas. This paper summarizes an assessment of the projected environmental impacts of implementing a SC strategy for Zaozhuang, Shandong Province, China.
- White papers 2003-12-01
- Synthetic Fuel Production by Indirect Coal Liquefaction
- This paper reports detailed process designs and cost assessments for production of clean liquid fuels (methanol and dimethyl ether) by indirect coal liquefaction (ICL). Gasification of coal produces a synthesis gas that can be converted to liquid fuel by synthesis over appropriate catalysts. Recycling of unconverted synthesis gas back to...
- White papers 2003-12-01
- Health Inequality, Education and Medical Innovation
- This paper presets health inequalities across socio-economic groups in the US, which are large and have been growing. The paper hypothesizes that, as in other, non-health contexts, this pattern occurs because people that are more educated are better able to take advantage of technological advances in medicine than are the...
- White papers 2003-11-01
- A Cost-Benefit Assessment of Biomass Gasification Power Generation in the Pulp and Paper Industry
- This study examines in greater depth and breadth than previous studies the prospective costs and benefits of commercializing black liquor gasification combined cycle (BLGCC) cogeneration systems. The analysis was carried out with guidance from an industry-government Steering Committee, with review by a board of independent experts, and with inputs from...
- White papers 2003-10-08
- Modeling Infrastructure for a Fossil Hydrogen Energy System With CO2 Sequestration
- This paper develops a simple technical/economic model of a single fossil energy complex linked by pipelines to a geological CO2 sequestration site and a H2 demand center. The goals of the study are to better understand design issues and costs for the total system and to identify the most important...
- White papers 2003-06-10
- CPI Inflation Targeting and Exchange Rate Pass-Through
- This paper analyzes how imperfect exchange rate pass-through affects the transmission of the CPI inflation targeting optimal monetary policy. In the short run, delayed pass-through constraints monetary policy more than incomplete pass-through and interest rate smoothing amplifies this effect. In addition, imperfect pass-through does not increase the variability of the...
- White papers 2003-05-01
- princeton university White Paper: Statement of Purpose
- This article focuses on efforts to provide publicly funded health insurance to low-income children in the United States through Medicaid and the State Children's Health Insurance Program (SCHIP). The article summarizes current knowledge and research about which children are uninsured and why, and describe the innovative strategies states have used...
- White papers 2003-04-21
- Detailed Map of a Cis-Regulatory Input Function
- This white paper reveals about cis-regulatory regions that perform a computation: the rate of transcription is a function of the active concentrations of each of the input transcription factors. This paper uses gene expression measurements from living cell cultures, bearing GFP reporters, to map in detail the input function of...
- White papers 2003-04-24
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