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Bank:Federal Reserve Bank of Chicago  Series:Working Paper Series, Regional Economic Issues 

Working Paper
A mixed bag: assessment of market performance and firm trading behavior in the NOx RECLAIM program

Tradable permit markets have become an increasingly popular tool to address environmental policy problems. This paper examines the performance of one particular emissions trading market, the Regional Clean Air Incentives Market (RECLAIM) that started operating in Southern California at the beginning of 1994. It first describes how the RECLAIM program is designed and then describes and evaluates the performance of the market by analyzing trading and price data of NOx emission credits. We find that a considerable number of trades have occurred in the market, however, we also find that many ...
Working Paper Series, Regional Economic Issues , Paper WP-96-12

Working Paper
Unemployment insurance: a state economic development perspective

Working Paper Series, Regional Economic Issues , Paper 1989/2

Working Paper
A Window of opportunity opens for regional economic analysis: BEA releases gross state product data

Working Paper Series, Regional Economic Issues , Paper 1989-3

Working Paper
Trends and prospects for rural manufacturing

Working Paper Series, Regional Economic Issues , Paper 92-12

Working Paper
Estimating monthly regional value added by combining regional input with national production data

Working Paper Series, Regional Economic Issues , Paper 92-8

Working Paper
Alternative approaches to analysis of total factor productivity at the plant level

Working Paper Series, Regional Economic Issues , Paper 1987/2

Working Paper
Theory and evidence of two competitive price mechanisms for steel

Working Paper Series, Regional Economic Issues , Paper 1989-9

Working Paper
Regional regulatory effects on bank efficiency

Working Paper Series, Regional Economic Issues , Paper 90-4

Working Paper
Industry approaches to environmental policy in the Great Lakes region

Working Paper Series, Regional Economic Issues , Paper 93-8

Working Paper
Financing elementary and secondary education in the 1990s: a review of the issue

This paper reviews the common issues that surround the school financing debate. These include; how much to spend; how equitable the spending; what revenue sources are desirable; and what level of government should be responsible for funding education. The paper describes the most common state programs designed to reduce school financing disparities including foundation programs, flat and matching grants, guaranteed tax base, cost equalizing, need equalizing and power equalizing. The paper also reviews the immediate education financing issues and current funding approaches used by the five ...
Working Paper Series, Regional Economic Issues , Paper 95-2

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