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I am grateful to Martin Feldstein for inviting me to speak at this session and for his
efforts to bring better economic analysis into our discussions of national security. I would like to
use the op...
Does Front-Loading Taxation Increase Savings?: Evidence from Roth 401(k) Introductions
Saving Taxation Retirement
2015/4/28
Can governments increase private savings by taxing savings up front instead of in retirement? Roth 401(k) contributions are not tax-deductible in the contribution year, but withdrawals in retirement a...
Tommy Koh and the U.S.–Singapore Free Trade Agreement:A Multi-Front 'Negotiation Campaign'
Negotiation Trade United States Singapore
2015/4/28
Complex, multiparty negotiations are often analyzed as principals negotiating through agents, as two-level games (Putnam 1988), or in coalitional terms. The relatively new concept of a "multi-front ne...
Distressed Sales and Financial Arbitrageurs: Front-running in Illiquid Markets
Distressed Sales Financial Arbitrageurs Illiquid Markets
2006/6/1
We investigate the impact of an arbitrageur’s activities in an illiquid market, where there is a large distressed trader and a fringe of small traders. Large traders trade strategically considering pr...