The Center for Business and Public Policy proudly showcases the research publications of our Faculty Associates. Please see a selection of their publications below, or to view a more detailed list of works, visit the faculty profile page to navigate to individual biography pages.

Rajshree Agarwal

"Heterogeneous Resources and the Financial Crisis: Implications of Strategic Management Theory."
Strategic Organization, Forthcoming. (July 28, 2009). With Barney, Jay B., Foss, Nicolai J. and Klein, Peter G.
View abstract

"The Process of Creative Construction: Knowledge Spillovers, Entrepreneurship and Economic Growth."
Strategic Entrepreneurship Journal, Forthcoming. With Audretsch, David B. and Sarkar, M. B.
View abstract

"Reputations for Toughness in Patent Enforcement: Implications for Knowledge Spillovers via Inventor Mobility."
Strategic Management Journal. (December 1, 2007). With Ganco, Martin and Ziedonis, Rosemarie Ham
View abstract

"Knowledge Transfer Through Inheritance: Spinout Generation, Development, and Survival."
Academy of Management Journal. 2004, Vol. 47, No. 4, 501–522. With Raj Echambadi, April Franco, MB Sarkar.
View paper

Jeffrey Brown

“The Interaction of Public and Private Insurance: Medicaid and the Long-Term Care Insurance Market.”
American Economic Review, 98(3):1083 – 1102. June 2008. With Amy Finkelstein.
View abstract

“Why Don’t People Insure Late Life Consumption? A Framing Explanation of the Under-Annuitization Puzzle.”
American Economic Review, 98(2): 304-309. May 2008.
With Jeffrey Kling, Sendhil Mullainathan, and Marian Wrobel.
View abstract

“Guaranteed Trouble: The Economic Effects of the Pension Benefit Guaranty Corporation.”
Journal of Economic Perspectives, Vol. 22, No. 1, (Winter 2008), pp. 177-198.
View abstract

“Annuities and Individual Welfare.”
The American Economic Review, Vol 95, No. 5, December 2005, pp. 1573 - 1590.
With Tom Davidoff and Peter Diamond.
View abstract

"Does the Internet Make Markets More Competitive? Evidence from the Life Insurance Industry.”
Journal of Political Economy, Vol. 110, No. 3, June 2002, pp. 481 - 507. With Austan Goolsbee.
View abstract

Dhammika Dharmapala

"Which Countries Become Tax Havens?"
Journal of Public Economics, forthcoming. With James R. Hines Jr.
View Abstract

"Corporate Tax Avoidance and High Powered Incentives"
Journal of Financial Economics, Vol. 79, 2006, pp. 145-179. With Mihir A. Desai.
View Abstract

"Corporate Tax Avoidance and Firm Value"
Review of Economics and Statistics, Vol. 91, 2009, pp. 537-546. With Mihir A. Desai.
View abstract

“Taxes, Institutions, and Foreign Diversification Opportunities”
Journal of Public Economics, Vol. 93, 2009, pp. 703-714. With Mihir A. Desai.
View abstract

Don Fullerton

"Distributional Effects of Environmental and Energy Policy: An Introduction."
NBER Working Paper No. 14241, August 2008
View abstract

"The General Equilibrium Incidence of Environmental Taxes."
Journal of Public Economics, 91 (2007): pp. 571-591. With Garth Heutel.
View abstract

"The General Equilibrium Incidence of Environmental Mandates."
NBER Working Paper No. 13645, 2007, With Garth Heutel.
View abstract

"Environmental Investment and Policy with Distortionary Taxes and Endogenous Growth."
Journal of Environmental Economics and Management 56 (2008), pp. 141– 154, With Seung-Rae Kim
View abstract

"The Economics of Pollution Havens."
Cheltenham, UK: Edward Elgar Publishers, 2006
View abstract

Charlie Kahn

"Why Pay? An Introduction to Payments Economics."
Journal of Financial Intermediation
, (18) January: 1-23 2009. With W. Roberds.
View abstract

"Payments Settlement: Tiering in Private and Public Systems."
Journal of Money, Credit, and Banking, (41) August: 5 855-884 2009. With W. Roberds.
View abstract

"Credit and Identity Theft."
Journal of Monetary Economics, (55) March: 251-264 2008. With W. Roberds.
View abstract

"Bank Consolidation and the Dynamics of Consumer Loan Interest Rates."
Journal of Business, (78) January: 1, Part 2 99-133 2005. With G. Pennacchi, B. Sopranzetti.
View abstract

"Low Revenue Equilibria in Simultaneous Ascending Price Auctions."
Management Science, (51) March: 3 356-371 2005. With R. Engelbrecht-Wiggans.
View abstract

Richard Kaplan

"A Guide to Starting Social Security Benefits."
Journal of Retirement Planning, July-August 2008; U Illinois Law & Economics Research Paper No. LE08-025
View abstract

"Federal Tax Policy and Family-Provided Care for Older Adults."
U Illinois Law & Economics Research Paper No. LE06-003;
Virginia Tax Review, Vol. 25, No. 2, pp. 509-562, Fall 2005
View abstract

"Who's Afraid of Personal Responsibility? Health Savings Accounts and the Future of American Health Care." McGeorge Law Review, Vol. 36, p. 535, 2005; Illinois Public Law Research Paper No. 05-12;
U Illinois Law & Economics Research Paper No. LE05-025
View abstract

"Retirement Planning's Greatest Gap: Funding Long-Term Care."
Lewis & Clark Law Review, Vol. 11, No. 407, 2007; U Illinois Law & Economics Research Paper No. LE07-019;
Illinois Public Law Research Paper No. 07-14
View abstract

"Means-Testing Medicare: Retiree Pain for Little Governmental Gain."
U Illinois Law & Economics Research Paper No. LE06-019; Illinois Public Law Research Paper No. 06-10;
Journal of Retirement Planning, May-June 2006
View abstract

Ron Laschever

“The Doughboys Network: Social Interactions and the Employment of World War I Veterans,”
working paper, University of Illinois.

“Brothers In Arms: The Effect of Social Networks on the Employment of Veterans of the Union Army,”
working paper, University of Illinois.

“When They're Sixty-Four: Peer Effects and the Timing of Retirement,”
working paper, University of Illinois. With Kristine Brown.

“Keeping Up with CEO Jones: Benchmarking and Executive Compensation,”
working paper, University of Illinois.

Darren Lubotsky

“Kindergarten Entrance Age and Children’s Achievement: Impacts of State Policies, Family Background, & Peers.”
Journal of Human Resources, Volume 44, Number 3 (Summer), 2009, With Todd Elder.
View paper

“Chutes or Ladders? A Longitudinal Analysis of Immigrant Earnings.”
Journal of Political Economy, Volume 115, Number 5 (October), 2007, pp. 820-867.
View paper

“Economic Status and Health in Childhood: The Origins of the Gradient.”
American Economic Review, Volume 92, Number 5 (December), 2002, pp. 1308-1334.
With Anne Case & Christina Paxson.
View paper

Nolan Miller

"The Impact of the World Food Price Crisis on Nutrition in China."
Agricultural Economics. Forthcoming. With Jensen, R.

"Gffen Behavior and Subsistence Consumption."
American Economic Review, 98: 1553-1577. 2008.
With Jensen, R.

"Advertising Budgets in Competitive Environments."
Quantitative Marketing and Economics, 5: 131-161. 2007.
With Pazgal, A.

"Mechanism Design with Multidimensinal, Continuous Types and Interdependent Valuations."
Journal of Economic Theory, 136: 476-496. 2007. With Zeckhauser, R., Johnson, S., Pratt, J.

George Pennacchi

"Harming Depositors and Helping Borrowers: The Disparate Impact of Bank Consolidation"
The Review of Financial Studies, v 22 n 1 2009. With Kwangwoo Park.
View paper

"Deposit insurance, bank regulation, and financial system risks"
Journal of Monetary Economics, 53 (2006) 1–30.
View paper

"Risk-based capital standards, deposit insurance, and procyclicality"
Journal of Financial Intermediation, 14 (2005) 432–465
View paper

"The Value of Guarantees on Pension Fund Returns"
The Journal of Risk and Insurance, 1999, Vol. 66, No. 2, 219-237.
View paper

"Loan Sales and the Cost of Bank Capital"
The Journal of Finance. Vol. XLIII, No. 2. June 1988.
View paper

Elizabeth Powers

“The Impact of Minimum Wage Increases: Evidence from Fast-Food Establishments in Illinois and Indiana.” Journal of Labor Research. Forthcoming
View abstract

"The Incredible Shrinking Program: Trends in SSI Participation of the Aged."
Research on Aging 2006; 28; 341. DOI: 10.1177/0164027505285918. With Todd E. Elder.
View abstract

“Supplemental Security Income, Labor Supply, and Migration,”
Journal of Population Economics, pp. 447-79. 2006. With David Neumark.

Scott Weisbenner

“Individual Investor Mutual Fund Flows,”
Journal of Financial Economics, 2009. Forthcoming. With Zoran Ivkovich
View abstract

“The Effect of Inheritance Receipt on Retirement Decisions.”
Review of Economics and Statistics, 2009. Forthcoming. With Jeffrey R. Brown and Courtney Coile
View abstract

“Portfolio Concentration and the Performance of Individual Investors.”
Journal of Financial and Quantitative Analysis, Vol. 43, No. 3, 2008, p. 613-656. With Zoran Ivkovich and Clemens Sialm.
View abstract

“Neighbors Matter: Causal Community Effects and Stock Market Participation.”
Journal of Finance, Vol. 63, No. 3, 2008, p. 1509-1531. With Jeffrey R. Brown, Zoran Ivkovich, and Paul A. Smith
View abstract

“Individual Account Investment Options and Portfolio Choice: Behavioral Lessons from 401(k) Plans.”
Journal of Public Economics., Vol. 91, 2007, p. 1992-2013. With Jeffrey R. Brown and Nellie Liang.
View abstract