A fixed budget must be allocated to a finite number of different projects with uncertain outputs. The expected marginal productivity of…
This paper provides an overview on 18 papers presented at a Stanford University conference on the Asian pharmaceutical industries. It…
In earlier work I argue that, despite increasing global interconnectedness, shared membership in states remains morally relevant. At the…
The attacks of September 11, 2001, and more recently the Madrid and London downtown train bombings, have raised concerns over both the…
Urban economists understand housing prices with a spatial equilibrium approach that assumes people must be indifferent across locations.…
Are individuals more likely to smoke when they are surrounded by smokers? In this paper, we examine the evidence for peer effects in…
Most members of the development community, and especially those in multilateral and bilateral organizations, agree that politicians are…
Effective government matters, but what is it? Good governance indicators go some way to provide a definition, but how much do they say…