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Keywords:Public policy 

Working Paper
Racial profiling or racist policing? bounds tests in aggregate data

State-wide reports on police traffic stops and searches summarize very large populations, making them potentially powerful tools for identifying racial bias, particularly when statistics on search outcomes are included. But when the reported statistics conflate searches involving different levels of police discretion, standard tests for racial bias are not applicable. This paper develops a model of police search decisions that allows for non-discretionary searches and derives tests for racial bias in data that mixes different search types. Our tests reject unbiased policing as an explanation ...
Working Papers , Paper 2004-012

Journal Article
Reflections on business, government and reputation

The Region , Volume 16 , Issue Sep , Pages 2-4

Speech
Racing to the top: how global competition disciplines public policy

Remarks before the Dallas Friday Group, Dallas, Texas, April 11, 2006 ; "Competition brings benefits to the public sector the same way it does the private sector. Because factors of production are increasingly mobile in an era of globalization, governments vie to gain and hold onto them. Mobile factors will flee economies that burden them with high taxes, excessive regulation and capricious administration. They gravitate toward countries that offer the best opportunities to increase profits or paychecks. The economic benefits of productive factors give nations strong incentives to maintain ...
Speeches and Essays , Paper 56

Journal Article
Financial modernization and regulation

FRBSF Economic Letter

Conference Paper
Lessons from the income maintenance experiments: an overview

Conference Series ; [Proceedings] , Volume 30 , Pages 1-21

Working Paper
State Incentives for Innovation, Star Scientists and Jobs: Evidence from Biotech

We evaluate the effects of state-provided financial incentives for biotech companies, which are part of a growing trend of placed-based policies designed to spur innovation clusters. We estimate that the adoption of subsidies for biotech employers by a state raises the number of star biotech scientists in that state by about 15 percent over a three year period. A 10% decline in the user cost of capital induced by an increase in R&D tax incentives raises the number of stars by 22%. Most of the gains are due to the relocation of star scientist to adopting states, with limited effect on the ...
Working Paper Series , Paper 2013-17

Journal Article
Does the stock market prefer Republican administrations?

FRBSF Economic Letter

Journal Article
Rule of law and economic growth

International Economic Trends , Issue Aug

Newsletter
Understanding isolation and change in urban neighborhoods

Chicago Fed Letter , Issue Jun

Conference Paper
Why is infrastructure important?

Conference Series ; [Proceedings] , Volume 34 , Pages 21-68

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