Economic Policy Research Institute (EPRI) Working Papers

EPRI Working Papers can be downloaded from Scholarship@Western, the University's open-access repository.

2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002

Note:  All Western authors are in bold.


2015-1. The Interactive Evolution of Economic Ideas and Experience - The Case of Canadian Inflation Targeting by David Laidler.

2015-2. A CGE Framework for Modelling the Economics of Flooding and Recovery in a Major Urban Area by Aaron B. Gertz and James Davies.

2015-3. Retail Price Differences Across U.S. and Canadian Cities During the Interwar Period by Chris Hajzler and James MacGee.


2014-1. Existence of Monotone Equilibria in First-Price Auctions with Resale by Charles Z. Zheng.


2013-1. Central Bank Laws and Monetary Policy Outcomes: A Three Decade Perspective by Michael Parkin.

2013-2. The Fisher Relation in the Great Depression and the Great Recession by David Laidler.

2013-3. The Effects of Central Bank Independence and Inflation Targeting on Macroeconomic Performance: Evidence from Natural Experiments by Michael Parkin.

2013-4. Three Revolutions in Macroeconomics: Their Nature and Influence by David Laidler.

2013-5. Reassessing the Thesis of the Monetary History by David Laidler. (Updated February, 2014 and October, 2014.)


2012-1. Collateralized Borrowing and Risk Taking at Low Interest Rates, by Simona E. Cociuba, Malik Shukayev and Alexander Ueberfeldt. (Revised July 2015, February 2016)

2012-2. Milton Friedman's Contributions to Macroeconomics and Their Influence by David Laidler.

2012-3. The Role of Production Sharing and Trade in the Transmission of the Great Recession by Jacob Wibe.

2012-4. Two Crises, Two Ideas and One Question by David Laidler.

2012-5. Re-Examining the Role of Sticky Wages in the U.S. Great Contraction: A Multi-sector Approach by Pedro S. Amaral and James C. MacGee. (Revised September, 2015; March, 2016) (Supplementary Appendix) (Excel Data File)

2012-6. Today's Standards and Yesterday's Economics - Two Short Occasional Essays: Eliminating History from Economic Thought and Mark Blaug on the Quantity Theory by David Laidler.

2012-7. The Possibilities for Global Inequality and Poverty Reduction Using Revenues from Global Carbon Pricing by James B. Davies, Xiaojun Shi and John Whalley.


2011-1. The Democratization of Credit and the Rise in Consumer Bankruptcies by Igor Livshits, James MacGee and Michèle Tertilt. (Updated June, 2015; Updated March, 2015; Updated February, 2014.) Appendix. [An earlier version circulated as "Costly Contracts and Consumer Credit.]

2011-2. The Impact of Climate Change and Climate Policy on the Canadian Economy by Jim Davies, Jim MacGee and Jacob Wibe, forthcoming November, 2011.

2011-3. Post-Secondary Attendance by Parental Income in the U.S. and Canada: What Role for Financial Aid Policy? by Philippe Belley, Marc Frenette and Lance Lochner.


2010-1. The Monetary Economy and the Economic Crisis by David Laidler.

2010-2. Private Pensions, Retirement Wealth and Lifetime Earnings by James MacGee and Jie Zhou. (Appendix)


2009-1. The Level and Distribution of Global Household Wealth by James B. Davies, Susanna Sandström, Anthony Shorrocks and Edward N. Wolff.

2009-2. The Effects of Asset Price Changes on Economic Security in Canada, 2005-09 by James B. Davies.

2009-3. How Large are the Impacts of Carbon Motivated Border Tax Adjustments? by Yan Dong and John Whalley.

2009-4. Level versus Equivalent Intensity Carbon Mitigation Commitments by Huifang Tian and John Whalley.


2008-1. The Case for Price Stability, Then and Now: A Retrospective Note on John W. Crow's 1988 Eric J. Hanson Memorial Lecture by David Laidler.

2008-2. Removing Some Dissonance from the Social Discount Rate Debate by David Burgess.

2008-3. Closing the 49th Parallel: An Unexplored Episode in Canadian Economic and Political History by James B. Davies and Stanley L. Winer.

2008-4. Income Tax Design and the Desirability of Subsidies to Secondary Workers in a Household Model with Joint and Non-Joint Time by Edgar Cudmore, John Piggott and John Whalley.

2008-5. Metrics Capturing The Degree to Which Individual Economies Are Globalized by Raymond Riezman, John Whalley and Shunming Zhang.

2008-6. Non-agricultural Employment Determinants and Income Inequality Decomposition by Xiaoyun Liu and Terry Sicular.

2008-7. Barriers to Technology Adoption and Entry by Igor D. Livshits and James C. MacGee.


2007-1. Equity in Pharmaceutical Utilization in Ontario: A Cross Section and Over Time Analysis by Hai Zhong.

2007-2. Successes and Failures of Monetary Policy Since the 1950s by David Laidler.

2007-3. Financial Stability, Monetarism and the Wicksell Connection by David Laidler.

2007-4. The Dynamics of Price and Advertising as Signals of Quality by Musa Ayar.

2007-5. Estimating the Level and Distribution of Global Household Wealth by James B. Davies, Susanna Sandström, Anthony Shorrocks and Edward N. Wolff.

2007-6. Health, Economic Resources and the Work Decisions of Older Men by John Bound, Todd Stinebrickner and Timothy Waidmann.


2006-1. The Softwood Lumber Dispute: A Proposal by R. J. Wonnacott.

2006-2. Import Protection as Export Destruction by Hiroyuki Kasahara and Beverly Lapham.

2006-3. Axel Leijonhufvud and the Quest for Micro-foundations -- Some Reflections by David Laidler.

2006-4. Monetary Cooperation in the North American Economy by David Laidler.

2006-5. Price Control, Different Demands Between Countries, and Parallel Trade in Pharmaceuticals by Hai Zhong.

2006-6. Accounting for the Rise in Consumer Bankruptcies by Igor Livshits, James MacGee and Michèle Tertilt.


2005-1. The Public Role in Provision of Scientific Information: An Economic Approach by James B. Davies and Al Slivinski.

2005-2. Keynes and the Birth of Modern Macroeconomics by David Laidler.

2005-3. Addressing Systemic Issues in the WTO: Lessons from the Singapore Issues by Erick Duchesne.

2005-4. Free Banking and the Bank of Canada by David Laidler.

2005-5. Elimination of the Foreign Property Rule on Tax Deferred Savings Plans by Joel Fried.

2005-6. Pots and Kettles: Governance Practices of the Ontario Securities Commission by Joel Fried.

2005-7. Does the Use of Imported Intermediates Increase Productivity? Plant-Level Evidence by Hiroyuki Kasahara and Joel Rodrigue.

2005-8. Monetary Policy and its Theoretical Foundations by David Laidler.

2005-9. Who Cares about Mortgage Interest Deductibility? by Martin Gervais and Manish Pandey.

2005-10. Welfare Reforms and Consumption Among Single Mother Households: Evidence from Canadian Provinces by Matthew Brzozowski.

2005-11. Milton Friedman and the Evolution of Macroeconomics by David Laidler.


2004-1. Should the Canadian Federation be Rebalanced? by Robin Boadway.

2004-2. Transformation of the South Korean State: Structural Changes of the State after the 1997 Financial Crisis by Bum-Soo Chon, Erick Duchesne and Sunkyuk Kim.

2004-3. For Sale: Barriers to Riches by Benjamin R. Bridgman, Igor D. Livshits and James C. MacGee.

2004-4. How Does Free Trade Become Institutionalized? An Expected Utility Model of the Chrétien Era by Michael Lusztig and Patrick James.

2004-5. Woodford and Wicksell on Interest and Prices: The Place of the Pure Credit Economy in the Theory of Monetary Policy by David Laidler.

2004-6. Risks, Institutions and Common Pool Governance: The Case of Water Management in the Murray-Darling Basin by B. Timothy Heinmiller.

2004-7. The Re-Regulation of Irrigated Agriculture by B. Timothy Heinmiller.

2004-8. Central Banks as Lenders of Last Resort - Trendy or Passe? by David Laidler.

2004-9. The Foreign Property Rule: A Cost-Benefit Analysis by David Burgess and Joel Fried.


2003-1. The Canadian Dictatorship by Ronald Wintrobe.

2003-2. (Mis)Selection Effects and Sovereignty Costs: An Alternative Measure of the Costs of Sanctions by Denise Guthrie and Erick Duchesne.

2003-3. Canada's Monetary Choices in North America and Britain's in Europe - Economic Parallels and Political Differences by David Laidler.

2003-4. Intergenerational Mobility under Private vs. Public Education by Jim Davies, Jie Zhang and Jinli Zeng.

2003-5. Empirical Evidence on Human Capital Externalities by Jim Davies.


2002-1. Graduating Into a Global Economy by Ronald J. Wonnacott.

2002-2. Decomposing Wage Inequality Change Using General Equilibrium Models by Lisandro Abrego and John Whalley.

2002-3. Inflation Targets Versus International Monetary Integration: A Canadian Perspective by David Laidler.

2002-4. Intergenerational Persistence of Earnings: The Role of Early and College Education by Diego Restuccia and Carlos Urrutia.

2002-5. Measuring Effective Tax Rates on Human Capital: The Canadian Case by Kirk A. Collins and Jim Davies.

2002-6. Border Delays and Trade Liberalization by Edgar Cudmore and John Whalley.

2002-7. Canadian Retirement Savings Plans and Italian Pension Reform by Joel Fried and Francesca Arnaboldi.

2002-8. Earnings and Labor Mobility in Rural China: Implications for China's WTO Entry by Terry Sicular and Yaohui Zhao.