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Full-Text Articles in Social and Behavioral Sciences

The Many Definitions Of Social Security Privatization, Don Fullerton, Michael Geruso Dec 2005

The Many Definitions Of Social Security Privatization, Don Fullerton, Michael Geruso

Don Fullerton

Definitions can matter, and Don Fullerton and Michael Geruso argue that proponents of social security privatization mean a host of different things by "privatization." They point out that many of the gains from privatization seen by economists like Martin Feldstein and Laurence Kotlikoff owe to only a few aspects of privatization.


The Economics Of Pollution Havens, Don Fullerton Dec 2005

The Economics Of Pollution Havens, Don Fullerton

Don Fullerton

A "pollution haven" may arise if environmental regulations differ between countries, if capital is mobile, and if trade rules allow firms to relocate and still sell their products to the same customers. The three appearances of the word "if" in that sentence suggest a whole host of theoretical and empirical questions under the general heading of "pollution havens," and many such questions have been addressed in the economics literature in the past ten years since Brian Copeland and M. Scott Taylor introduced the first complete model of pollution havens (Quarterly Journal of Economics, 1994). To categorize those questions, they later …