tailieunhanh - Research " On Fiscal Discipline and the Choice of Exchange Rate Regine "

On Fiscal Discipline and the Choice of Exchange Rate Regine This result conflicts with a well-known recent result from Hoxby (2000a), who argues that metropolitan areas with less centralized educational governance, and therefore more competition among local school districts, produce better student outcomes at lower cost. In Chapter Two, I attempt to get to the bottom of the discrepancy. I reanalyze a portion of Hoxby s data, and find reason to suspect the validity of her conclusions. I am unable to reproduce her results, which appear to be quite sensitive to the exact sample and specification used | INFORMATION TO USERS This manuscript has been reproduced from the microfilm master. UMI films the text directly from the original or copy submitted. Thus some thesis and dissertation copies are in typewriter face while others may be from any type of computer printer. The quality of this reproduction is dependent upon the quality of the copy submitted. Broken or indistinct print colored or poor quality illustrations and photographs print bleedthrough substandard margins and improper alignment can adversely affect reproduction. In the unlikely event that the author did not send UMI a complete manuscript and there are missing pages these will be noted. Also if unauthorized copyright material had to be removed a note will indicate the deletion. Oversize materials . maps drawings charts are reproduced by sectioning the original beginning at the upper left-hand comer and continuing from left to right in equal sections with small overlaps. Photographs included in the original manuscript have been reproduced xerographically in this copy. Higher quality 6 X 9 black and white photographic prints are available for any photographs or illustrations appearing in this copy for an additional charge. Contact UMI directly to order. Bell Howell Information and Learning 300 North Zeeb Road Ann Arbor Ml 48106-1346 USA 800-521-0600 _ _ UMI On Fiscal Discipline and the Choice of Exchange Rate Regime By Yan Sun A dissertation submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy Department of Economics New York University May 2000 Andres .