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Essays in public economics.
~
Seligman, Jason Scott.
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Essays in public economics.
紀錄類型:
書目-電子資源 : Monograph/item
正題名/作者:
Essays in public economics./
作者:
Seligman, Jason Scott.
面頁冊數:
128 p.
附註:
Source: Dissertation Abstracts International, Volume: 64-02, Section: A, page: 0584.
Contained By:
Dissertation Abstracts International64-02A.
標題:
Economics, General. -
電子資源:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3082397
Essays in public economics.
Seligman, Jason Scott.
Essays in public economics.
- 128 p.
Source: Dissertation Abstracts International, Volume: 64-02, Section: A, page: 0584.
Thesis (Ph.D.)--University of California, Berkeley, 2002.
Three essays in the field of public economics are included in this thesis. Chapter 1 begins this work with an introduction to public economics and places the remaining chapters in context.Subjects--Topical Terms:
1017424
Economics, General.
Essays in public economics.
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Source: Dissertation Abstracts International, Volume: 64-02, Section: A, page: 0584.
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Chair: Alan J. Auerbach.
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Thesis (Ph.D.)--University of California, Berkeley, 2002.
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Three essays in the field of public economics are included in this thesis. Chapter 1 begins this work with an introduction to public economics and places the remaining chapters in context.
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Like all economic agents, the government must manage its cash position. Chapter 2 considers this activity. Short-term financial requirements cause the government to solicit the market for bills not previously scheduled (Cash Management Bills). Using data from the US Treasury's Proprietary Domestic Finance Database, this chapter shows that these bills have higher costs than normal bills, suggesting that both Treasury and financial markets appreciate that demand is more inelastic for these instruments. In addition, this research identifies several factors that increase finance costs for Treasury in meeting short-term financial need.
520
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Chapter 3 explores location choices for generation investment in a re-regulated electricity market. Recently, there have been significant changes in the regulation of electricity in the State of California. These changes may affect generation investment behavior within the State, an important consideration for policy makers. This work identifies the impact of public sector regulatory change on private sector investment outcomes, by comparing the location and scope of electricity generation projects before and after two specific regulatory changes in air quality management and transmission tariff charges, while controlling for expected population growth patterns within the State. Significant changes in location preference are identified using factors for the northern and southern transmission zones, NP15 and SP15, the intermediate zone ZP26, and for areas outside of ISO control.
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Chapter 4 considers Disability Insurance and individual public pension investment accounts. Current debate on the Social Security Administration's long-term finance of benefits includes proposals for independent private investment via individual accounts. The author investigates what implications disability might have for account balances. A behavioral model is developed to consider incentives for early retirement when a defined benefit program for disability insurance continues to be available. The included simulation uses historic wage series, historic equity market performance, and current OASDI regulations.
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