Program for Economic Research

Founded in 2003, the Program for Economic Research works to enhance the research environment for faculty and students of economics at Columbia University.


Risk-Neutral Distributions for Inflation and their Uses

Inflation is an important macroeconomic phenomenon. Individuals, firms, and governments are concerned not just about the current inflation rate but... More

Mandating Managed Care The Case of Florida Medicaid Reform

In efforts to reduce healthcare costs, Medicaid and Medicare are shifting toward reimbursement models that transfer risk away from the government... More