Monetary policy, fisal federalism, and capital intensity by Raveh, O

“…We find that a contractionary monetary policy shock induces a relative drop (increase) in investment (federal transfers) in resource-rich states, over the course of four years, due to differences in capital intensities. …”

Commodity price shocks and the Australian economy since federation by Bhattacharyya, S, Williamson, J

How good are U.S. government forecasts of the federal debt? by Martinez, A

“…This paper compares annual one-year-ahead and five-year-ahead forecasts from government agencies for the U.S. gross federal debt and deficit from 1984 to 2013. Other studies have compared two of these agencies' forecasts, but not for debt. …”

Dutch disease, factor mobility, and the Alberta effect: the case of federations by Raveh, O

“…Do reduced costs of factor mobility mitigate Dutch Disease effects, to the extent that they are reversed? The case of federations provides an indication they do. We observe Resource Blessing effects at the federal-state level (within federations) yet rather Resource Curse ones at the federal level (between federations), and argue the difference in outcomes stems from the difference in factor mobility costs. …”

Federal tax policies, congressional voting, and the fiscal advantage of natural resources by Perez-Sebastian, F, Raveh, O

“…What determines legislators' ’voting behavior over federal tax policies? Conventional wisdom points primarily at party affiliation. …”

Heterogeneous vertical tax externalities and macroeconomic effects of federal tax changes: the role of fiscal advantage by Perez-Sebastian, F, Raveh, O, Reingewertz, Y

“…The model shows that, irrespective of federal redistribution, the contractionary effect of a federal tax increase can be overturned in fiscally advantaged states, through an increase in their tax base. …”

Academic capitalism, privatization and five decades of misguided federal higher education funding priorities and policies in the United States by King Alexander, F

“…The purpose of this Center for Global Higher Education (CGHE) working paper on U.S. federal higher education policy is to discuss how market-based federal higher education funding policies over the last five decades has led to consequences that have been detrimental to student access at American public colleges and universities. …”

The determinants of migration policies: does the political orientation of governments matter? by de Haas, H, Natter, K

“…Instead, we find that the restrictiveness of migration policies is mainly driven by factors such as economic growth and unemployment, recent immigration levels and political system factors such as electoral systems or the level of federalism.…”

Open economy codependence: U.S. monetary policy and interest rate pass-through by Bowdler, C, Bluedorn, J

“…Using a real-time identification of unpredictable and independent U.S. federal funds rate changes, we provide evidence consistent with these propositions. …”

Horizontal and Vertical Indirect Tax Competition: Theory and Some Evidence From the USA. by Devereux, M, Lockwood, B, Redoano, M

“…This Paper provides a simple theoretical framework for analysing simultaneous vertical and horizontal competition in excise taxes, and estimates equations informed by the theory on a panel of US state and federal excise taxes on cigarettes and gasoline. We also examine the role played by smuggling. …”

Central bank swaps then and now: swaps and dollar liquidity in the 1960s by Catherine Schenk, McCauley, RN

“…Fourth, this earlier cooperation underscores the Federal Reserve’s use of swaps to prevent eurodollar shortages from interfering with the transmission of its domestic monetary policy. …”

Taking stock of new supermarkets in food deserts: patterns in development, financing, and health promotion by Chrisinger, B

“… <p style="text-align:justify;"> Across the U.S., neighborhoods face disparate healthy food access, which has motivated federal, state, and local initiatives to develop supermarkets in “food deserts.” …”

What drives vertical fiscal interactions? Evidence from the 1980 Crude Oil Windfall Act by Perez-Sebastian, F, Raveh, O

“…Crude Oil Windfall Act, which increased federal tax collections from sale of crude oil, thereby a&#xA4;ecting the tax base of oil rich states speci cally. …”

The open economy consequences of U.S. monetary policy by Bluedorn, J, Bowdler, C

“…A failure to identify movements in the federal funds rate that are both unpredictable and independent of other determinants of open economy variables may lead to attenuation bias in the estimated effects of U.S. monetary policy on the exchange rate and foreign variables. …”

The Impact of the Russia–Ukraine Gas Crisis in South Eastern Europe by Kovacevic, A

“…At the beginning of 2009, South Eastern Europe (including Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Greece, Former Yugoslav Republic (FYR) Macedonia, Montenegro, Romania, Serbia and Kosovo) was simultaneously hit by three external shocks: an extended period of cold weather, disruption in natural gas supply from the Russian federation and financial crisis.…”

Oil Revenues and Economic Development: The Case of Rajasthan, India by Segal, P, Sen, A

“…The receipt and expenditure of oil revenues are matters for fiscal policy, and we consider them in the context of India’s federal system, where fiscal responsibility is divided between the federal government and state governments. …”

Evolution of gas pipeline regulation in Russia – Third party access, capacity allocation and transportation tariffs by Yafimava, K

“…</p> <p>A new study by Katja Yafimava argues that at present, this aim is to be achieved by increasing direct government involvement and strengthened FTS (Federal Tariff Service) and FAS (Federal Antimonopoly Service) oversight. …”

Variation in truck driver cardiovascular risk: Insights from a Brazilian public health initiative by Schettini, B, Dyer, C, Jani, A

“…In 2006, Brazil's newly initiated national database for Road Traffic Accidents (RTAs) highlighted that 43% of fatal RTAs on federal highways involved a truck. Truck drivers have greater exposure to cardiovascular risk factors and studies have suggested a link between poor cardiovascular health and involvement in RTAs. …”

How safe are central counterparties in derivatives markets? by Young, H, Paddrik, M

“…We illustrate the approach for the U.S. credit default swaps market under shocks that are similar in magnitude to the Federal Reserve's stress tests. The analysis indicates that conventional stress testing approaches may underestimate the potential vulnerability of the main CCP for this market.…”

California’s Climate Policy – a Model? by Buchan, D

“…This OIES paper by David Buchan highlights California’s unusual combination of wealth technology natural resources and legal room for manoeuvre that enables the state to pursue a climate policy different from that of the US federal government but that is also probably hard to replicate elsewhere.…”