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TESTING INCIDENCE OF A DIFFERENTIAL TAX ON INCOME FROM CAPITAL IN THE UNITED STATES
This thesis was an attempt at resolving the controversy regarding the incidence of the corporation income tax (CIT) in the United States. Three alternative hypotheses reflecting opposing points of view were constructed. ...
Essays on semiparametric estimation and structural modeling with applications in the banking industry
New semiparametric panel estimation methods have been developed, which make minimal distributional or functional form assumptions on the model. These estimators are illustrated in an efficiency analysis of the banking ...
Exchange-rate-based stabilization syndrome: Credible disinflation, capital inflows, and the domestic banking system
Interactions between the banking sector and an open capital account are investigated as rationalizations for the empirical regularities that characterize disinflation programs anchored by fixing the exchange rate. Financial ...