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Department of Economics, Florida State University

Working Papers

Contact information of Department of Economics, Florida State University:
Postal: 246 Bellamy Building, Tallahassee, Florida 32306-2180
Phone: 850-644-5001
Fax: 644-4535
Web page: http://www.coss.fsu.edu/economics/
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Series handle: repec:fsu:wpaper
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2013

• wp2013_05_01 Priming the charitable pump: An experimental investigation of two-stage raffles
  by Sebastian J. Goerg & John Lightle & Dmitry Ryvkin

2011

• wp2011_08_03 Computing maximally smooth forward rate curves for coupon bonds: An iterative piecewise quartic polynomial interpolation method
  by Paul Beaumont & Yaniv Jerassy-Etzion
• wp2011_08_01 Just the Facts Ma'am: A Case Study of the Reversal of Corruption in the Los Angeles Police Department
  by R. Mark R. Isaac & Douglas A. Norton
• wp2011_08_02 Computing Equilibrium Wealth Distributions in Models with Heterogeneous-Agents, Incomplete Markets and Idiosyncratic Risk
  by Muffasir Badshah & Paul Beaumont & Anuj Srivastava
• wp2011_01_01 Intermediaries in Corruption: An Experiment
  by Mikhail Drugov & John Hamman & Danila Serra

2010

• wp2010_10_01 Estimating Panel Data Models in the Presence of Endogeneity and Selection
  by Anastasia Semykina & Jeffrey M. Woodridge
• wp2010_09_01 How corruptible are you? Bribery under uncertainty
  by Dmitry Ryvkin & Danila Serra

2009

• wp2009_06_03 Fatigue in dynamic tournaments
  by Dmitry Ryvkin
• wp2009_06_01 Contests with doping
  by Dmitry Ryvkin
• wp2009_03_02 School accountability laws and the consumption of psychostimulants
  by Farasat A.S. Bokhari & Helen Schnedier
• wp2009_06_02 The High/Low Divide: Self-Selection by Values in Auction Choice
  by Radosveta Ivanova-Stenzel & Timothy Salmon
• wp2009_05_01 Entry in the ADHD drugs market: Welfare impact of generics and me-toos AbstractRecent years have seen the growing popularity of drugs designed to treat attention deficit hyperactivity disorder (ADHD), and the number of patients, scripts, and revenues has been steadily increasing. By the mid-1990s there were already several branded drugs marketed for this disorder, as well as numerous generic formulations. With the expansion of the market in the late 1990s and early 2000s, new formulations (the so called `me-too' drugs) entered and caused dramatic changes in the distribution of market shares among available drugs. Using detailed sales data on psychostimulant drugs used to treat ADHD, we are able to identify and measure substitution patterns across a range of drugs. We find that the demand for ADHD drugs is fairly elastic and there are significant substitution possibilities among these drugs. Using estimates from demand parameters, we show that the first-time introduction of a generic drug can have large welfare gains due to the expansion of the market to price sensitive consumers. Additionally, the welfare gains due to the introduction of me-too drugs vary by the novelty of the drug, and for significantly new varieties can be larger than those of the introduction of a generic. Our results bear policy implications for both the speed with which new drugs are approved for marketing as well as for actions among pharmaceutical firms that may delay the entry of a generic drug
  by Farasat A.S. Bokhari & Gary M. Fournier
• wp2009_04_01 Rewards and Punishments in Bargaining
  by Svetlana Pevnitskaya & Dmitry Ryvkin
• wp2009_03_01 Voters Hold the Key: Lock-in, Mobility and the Portability of Property Tax Exemptions
  by Ron Cheung & Chris Cunningham
• wp2009_01_02 Growth and Inequality: Dependence of the Time Path of Productivity Increases (and other Structural Changes)
  by Manoj Atolia & Santanu Chatterjee & Stephen J. Turnovsky

2008

• wp2008_11_04 Trade Policy, Poverty, and Development in a Dynamic General Equilibrium Model for Zambia
  by Edward F. Buffie & Manoj Atolia
• wp2008_11_01 How Misleading is Linearization? Evaluating the Dynamics of the Neoclassical Growth Model
  by Manoj Atolia & Santanu Chatterjee & Stephen J. Turnovsky
• wp2008_07_01 Individual Behavior In Auctions with Price Proportional Benefits
  by Mark Isaac & Svetlana Pevnitskaya & Tim C. Salmon
• wp2008_11_03 Variety Trade and Skill Premium in a Calibrated General Equilibrium Model: The Case of Mexico
  by Manoj Atolia & Yoshinori Kurokawa
• wp2008_07_02 Individual Behaavior and Bidding Heterogeneity in Sealed Bid Auctions Where the Number of Bidders is Unknown
  by R. Mark Isaac & Svetlana Pevnitskaya & Kurt Schnier

2007

• wp2008_11_02 Relative Wealth Concerns and Entrepreneurship
  by Manoj Atolia & Kislaya Prasad
• wp2008_04_01 Smart Forward Shooting
  by Manoj Atolia & Edward F. Buffie
• wp2007_11_01 Education, Education Financing, and the Economy in Viet Nam
  by Jim Cobbe
• wp2007_10_01 The Pill and the College Attainment of American Women and Men
  by Heinrich Hock

2006

• wp_2006_03_01 The Effects of Teacher Training on Teacher Value Added
  by Douglas Harris & Tim R. Sass
• wp2006_02_01 The Emergence of Local Norms in Networks
  by Mary A. Burke & Gary M. Fournier & Kislaya Prasad
• wp2009_01_03 Resurrecting the Weak Credibility Hypothesis in Models of Exchange-Rate-Based Stabilization
  by Edward F. Buffie & Manoj Atolia
• wp2006_02_02 Classroom Peer Effects and Student Achievement
  by Mary A. Burke & Tim R. Sass

2005

• wp2005_12_01 Exchange-Rate-Based Stabilization, Durables Consumption, and the Stylized Facts
  by Edward F. Buffie & Manoj Atolia
• wp2005_09_01 Airport Substitution by Travelers: Why do we have to drive to fly?
  by Gary M. Fournier & Monica E. Hartmann & Thomas Zuehlke
• wp2005_05_01 The Effect of Property Tax Limitations on Residential Private Governments
  by Ron Cheung
• wp2005_02_01 Government Health Expenditures and Health Outcomes
  by Farasat A.S. Bokhari & Yunwei Gai & Pablo Gottret

2004

• wp2009_01_01 Reverse Shooting Made Easy: Solving for the Global Nonlinear Saddle Path
  by Manoj Atolia & Edward F. Buffie
• wp2004_11_01 The Interaction Between Public and Private Governments: An Empirical Analysis
  by Ron Cheung
• wp2004_08_01 Solving for the Global Nonlinear Saddlepath: Reverse Shooting vs. Approximation Methods
  by Manoj Atolia & Edward F. Buffie

2003

• wp2003_10_02 Productivity-Enhancing Reforms, Private Capital Inflows, and Real Interest Rates in Africa
  by Manoj Atolia
• wp2003_10_01 Public Investment, Tax Evasion and Welfare Effects of a Tariff Reform
  by Manoj Atolia
• wp2003_04_01 An OLG Model of Tax Evasion with Public Capital
  by Manoj Atolia
• wp2003_01_01 An analysis of the significant variation in psychostimulant use across the U.S
  by Farasat A.S. Bokhari & Rick Mayes & Richard M. Scheffler

2002

• wp2002_03_01 Trade Liberalization and Rising Wage Inequality in Latin America: Reconciliation with HOS Theory
  by Manoj Atolia

2001

• wp2001_10_02 Managed Care and the Adoption of Hospital Technology: The Case of Cardiac Catherterization
  by Farasat A.S. Bokhari

1998

• 1998_09_01 Resolving Legal Disputes in Workers' Compensation: Evidence from Florida
  by Fournier, G.M.
• 1998_05_02 Uncertain Labor Quality and Asset Pricing
  by Einarsson, T. & Marquis, M.H.
• 1998_03_01 Constitutional Theory and the Constitutional History of Colonial America
  by Holcombe, R.G.
• 1998_02_01 The Hotelling Valuation Principle: an Oil Industry Evaluation from 1986 to 1995
  by Bell, F.W. & Lacombe, D.J. & Ryan, M.P. & May, D.L.
• 1998_03_02 Tax Policy from Public Choice Perspective
  by Holcombe, R.G.

1997

• 1997_09_01 Endogenous Morality
  by Benson, B.L.
• 1997_07_01 Labor Market Transitions Among Older Workers: Job Opportunities, Skills, and Working Conditions
  by Hirsch, B.T. & Macpherson, D.A. & Hardy, M.A.
• 1997_06_01 Market Alternatives for Crime Control: Entrepreneurial Responses to Government Failure
  by Benson, B.L.
• 1997_04_01 Asymptotic Efficiency of Risk Averse Partnerships
  by Dutta, J. & Prasad, K.
• 1997_03_01 Deterring Drunk Driving Fatalities: An Economics of Crime Perspective
  by Benson, B.L. & Mast, B.D. & Rasmussen, D.W.
• 1997_01_01 Fiscal Policy Analysis under Alternative Mechanisms of Endogenous Growth
  by Einarsson, T. & Marquis, M.H.
• 1997_04_02 To Arbitrate or to Litigate: That is the Question
  by Benson, B.
• 1997_03_02 Arbitration in the Shadow of the Law
  by Benson, B.L.

1996

• 1996_10_01 The Economist's Role In Rationalizing Drug Policy
  by Benson, B.L. & Rasmussen, D.W.
• 1996_09_01 Regulation and Hospital Competition in a Medical Arms Race
  by Fournier, G.M. & Schumacher, E.J.
• 1996_08_01 Wage Differentials Across Labor Markets and Workers: Does Cost of Living Matter?
  by DuMond J.M. & Hisch, B.T. & Macpherson, D.A.
• 1996_07_02 7500: Arbitration
  by Benson, B.L.
• 1996_06_01 Formal Training, On-the-Job Training and the Allocation of Time
  by Einarsson, T. & Marquis, M.H.
• 1996_04_02 On Research and Free-Riding
  by Dutta, J. & Prasad, K.
• 1996_03_02 Union Wages, Rents, and Skills in Health Care Labor Markets
  by Hirsch, B.T. & Scumacher, E.J.
• 1996_09_04 The Evolution of Commercial Law
  by Benson, B.L.
• 1996_09_03 The Law Merchant
  by Benson, B.L.
• 1996_06_02 Some Results on the Constructive Existence of Equilibrium in Finite Games
  by Prasad, K.

1994

• 1994_02_05 The Voting Rights Act, District Elections, and the Sucess of Black Candidates in Municipal Elections
  by Sass, T.R. & Mehay, S.L.
• 1994_01_01 Wages, Racial Composition, and Quality Sorting in Labor Markets
  by Hirsch, B.T. & Macpherson, D.A.
• 1994_01_05 An RBC Model with Growth: The Role of human Capital
  by Einarsson, T. & Marquis, M.H.
• 1994_01_04 Note on Human Externalities
  by Einarsson, T. & Marquis, M.H.
• 1994_01_03 Some Economics of Massive Temporary Labor Migration: An African Case
  by Cobbe, J.
• 1994_01_02 Labor Market Entry in Indonesia, with Special Reference to University Graduates
  by Cobbe, J.

1993

• 1993_11_01 An Empirical Examination of the Rational Voter Hypothesis
  by Grant, D.
• 1993_10_01 Successor States and Cooperation Theory
  by Macesich, G.
• 1993_09_01 Are Stock and Bond Prices Collinear in the Long Run
  by Chan, K.C. & Norrbin, S.C. & Pereira, F.
• 1993_08_01 Exogeneity and the Forward Rate Efficiency Hypothesis
  by Norrbin, S.C. & Reffett, K.L.
• 1993_07_01 Third Thoughts on Contracting Out
  by Benson, B.L.
• 1993_06_01 Physician Control and the Wages of Non-Physician Health- Care Providers: Why Physical Therapists Have Lobbies to Lower Their Wage
  by Sass, T.R. & Nichols, M.W.
• 1993_05_01 Equilibrium Growth in a Monetary Economy with Transaction Costs
  by Marquis, M.H. & Reffett, K.L.
• 1993_04_01 Stochastic Trends and Alternative Payments Media
  by Norrbin, S.C. & Reffett, K.L.
• 1993_03_1 "Does Federal Revenue Assistance Displace State and Local Tax Burdens? A Theoretical and Empirical Analysis"
  by Troup, M.D.
• 1993_02_1 Production-Based Asset Pricing Anomalies in a Monetary Economy
  by Reffett, K.L.
• 1992_09_2 Pensions, Labor Turnover, and Employer Size
  by Even, W.E. & MacPherson, D.A.
• 1993_09_04 Disaggregate Stochastic Growth Patterns in Industrial Production
  by Norrbin, S.C.
• 1993_09_03 Efficiency Effects of Exclusive Territories: Evidence from the Indiana Beer Market
  by Sass, T. & Saurman, D.S.
• 1993_09_02 The Post-Military Earnings of Female Veterans
  by Mehay, S.L. & Hirsch, B.T.
• 1993_08_03 Exchange Rate Evidence on the Effectiveness of U.N. Policy
  by Sobel, A.S.
• 1993_08_02 I(2) Representation of U.S. Money Demand
  by Norrbin, S.C. & Reffett, K.L.
• 1993_07_06 Bivariate Cointegration Among European Monetary System Exchange Rates
  by Norrbin, S.C.
• 1993_07_05 Enterpreneurial Policy and Drug Enforcement Policy
  by Rasmussen, D.W. & Benson, B.L. & Mast, B.D.
• 1993_07_04 Impacts of an Aging Work Force on Productivity and Economic Growth
  by Serrow, W.J.
• 1993_07_03 Learning by Observation Within the Firm
  by Dutta, J. & Prasad, K.
• 1993_07_02 The Long-Run Stability of Disaggregated Money Demand
  by Norrbin, S.C. & Reffett, K.L.
• 1993_06_03 Monopsony Power and Relative Wages in the Labor Market for Nurses
  by Hirsch, B.T. & Schumacher, E.J.
• 1993_06_02 Trade Credit in a Monetary Economy
  by Norrbin, S.C. & Reffett, K.L.
• 1993_05_04 The Relation Between Price and Marginal Cost in U.S. Industry: A Contradiction
  by Norrbin, S.C.
• 1993_05_03 Empirical Evidence on the Publicness of State Legislative Activities
  by Holcombe, R.G. & Sobel, R.S.
• 1993_05_02 The "Crowding Our" Effect in the Public Sector
  by Canterbery, E.R. & Cooper, D.
• 1993_04_03 Toxic Torts by Government
  by Benson, B.L.
• 1993_04_02 The Impetus for Recognizing Private Poverty and Adopting Ethical Behavior in a Market Economy: Natural Law, Government Law, or Evolving Self- Interest
  by Benson, B.L.
• 1993_03_2 Asset Pricing Anomalies in a Monetary Economy with Transactions Costs
  by Reffett, K.L.
• 1992_09_3 Improving Primary Education: Some Economics of Primary School Teacher Upgrading in Indonesia
  by Cobbe, J.

1992

• 1992_12_01 Estimating Deterrence Effects: A Public Choice Perspective on the Economics of Crime Literature
  by Benson, B.L. & Kim, I. & Rasmussen, D.W.
• 1992_11_1 Lesotho and the New South Africa: Economic Trends and Possible Futures
  by Cobbe, J.
• 1992_10_1 Could the FED Have Prevented the Great Depression?
  by Holcombe, R.G. & Marquis, M.H.
• 1992_09_4 Wage-Employment Determination in Unionized Markets Reconsiling Theory and Evidence
  by Prasad, K. & Hirsch, B.T.
• 1992_08_2 New Evidence on the Performance Advantages of Multihospital Systems
  by Fournier, G.M. & Mitchell, J.M.
• 1992_06_7 Cyclical Variability in State Government Revenues
  by Sobel, R.S. & Holcombe, R.G.
• 1992_05_1 Endogenous Financial Structure and Inflation Tax in a Model of Equilibrium Growth
  by Marquis, M.H. & Reffett, K.L.
• 1992_04_2 New Technology Spillovers into the Payment System
  by Marquis, M.H. & Reffett, K.
• 1992_03_1 Politics and Deficit Finance
  by Holcombe, R.G. & Mills, J.A.
• 1991_03_02 The Consumption Function and Tax Policy : Baysian Estimation of Permanent Income
  by Mills, J.A.
• 1992_12_4 A Weibull Duration Model with Unobserved Heterogeneity As a Mixture of Dirichlet Processes
  by Prasad, K. & Ondrich, J.
• 1992_12_3 A Multivariate Time Series Approach to Market Delineation and Pricing Dynamics in Spacial Competition
  by Benson, B.L. & Faminow, M.D. & Marquis, M.H. & Sauer, D.G.
• 1992_12_2 The Impact of Provincial Marketing Boards on Pricing Dynamics in the North American Slaughter Hog Market
  by Benson, B.L. & Faminow, M.D. & Marquis, M.H. & Sauer, D.G.
• 1992_11_2 Are the De Facto Members of GATT Free Riders?
  by Sobel, R.S.
• 1992_10_5 Unionism and Gross Employment Flows
  by Macpherson, D.A. & Dunne, T.
• 1992_10_4 Federal Funding and the Cartelization of the State Governments
  by Holcombe, R.G. & Stroup, M.D.
• 1992_10_3 A new Loog at Recycling, with an Application to Alcoa
  by Grant, D.
• 1992_10_2 A General Theory of International Trade and Domestic Employment Adjustments
  by Cantrbery, E.R.
• 1992_09_6 The Role of Federal Funding on the Demand for State and Local Government Spending
  by Stroup, M.D. & Holcombe, R.G.
• 1992_09_5 Employer Size and Compensation: The Role of Worker Characteristics
  by Even, W.E. & Macpherson, D.A.
• 1992_04_3 The Origins of the Health care Crisis
  by Holcombe, R.G.

1991

• 1991_09_01 Causes of Deviations rom Purchasing Power Parity Across Countries
  by Norrbin, S.C. & Chan, K.C.
• 1991_08_01 Why Did Male Pension Coverage Decline in the 1980s?
  by Even, W.E. & Macpherson, D.A.
• 1991_06_02 Real Interest and Endogenous Growth in a Monetary Economy
  by Marquis, M.H. & Reffett, K.L.
• 1991_05_2 Cost Savings from Nuclear Regulatory Reform: A Econometric Model
  by Canterbery, E.R. & Reading, D. & Johnson, B.
• 1991_04_07 Endogenous Growth with Liquidity-Constrained Human Capital Acquisition
  by Marquis, M.H. & Reffett, K.L.
• 1991_03_11 The Inflation Tax in a Convex Model of Endogenous Growth
  by Marquis, M.H. & Reffett, K.L.
• 1991_02_8 The Synchronization of Business Cycles Across European Countries
  by Formby, J.P. & Norrbin, S.C. & Sakono, R.
• 1991_09_05 Slowly Changing Beliefs, Uncertainty and Systematic Rational Forecast Errors
  by Mills, J.A. & Norrbin, S.C.
• 1991_06_06 Do we Want the production of Prison Services to be more "Efficient"?
  by Benson, B.L.
• 1991_04_4 Growth and Inflation in Heterogeneous Multi-Sector Model
  by Canterbery, E.R.
• 1991_04_3 North-South Conflict: Necessary Industrial Evolutions
  by Canterbery, E.R.
• 1991_04_2 Modeling Economic Power: Galbraith, Olson and Beyond.
  by Canterbery, E.R. & Tuckmen, H.P.
• 1991_04_12 Arbitarge Pricing in Monetary Economies with Multisector Production
  by Reffett, K.L.
• 1991_04_10 Customary law as a Social Contract Internatioanl Commercial Law
  by Benson, B.L.
• 1991_04_05 Marginal Value of Coastal Wetlands to Florida's Commercial Fisheries
  by Frederick, W.B. & Lynne, G.D.
• 1991_04_01 An Evolutionary Model of technical Change with Markup Pricing
  by Canterbery, E.R.
• 1991_03_9 Lack of Cooperation in law Enforcement: Public Good Free Riding or Common pool Under-Investment?
  by Benson, B.L.
• 1991_03_6 Hospital Costs and Competition for Services : A Multiproduct Analysis
  by Fournier, G.M. & Mitchell. J.M.
• 1991_03_01 The Role of Region and Costal Location in Explaining Metropolitan Population Growth Differentials During the 1980s
  by Serow, W.J. & O'Cain, S.M.
• 1991_02_6 The Economic Theory of Rights
  by Holcombe, R.G.
• 1991_02_5 Efficiency Gains from Multihospital System Acquisition in the Hospital Industry
  by Fournier, G.M. & Mitchell, J.M.

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