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Content
April 2004, Volume 7, Issue 2
- 297-330 To Match or Not to Match? Optimal Wage Policy With Endogenous Worker Search Intensity
by Fabien Postel-Vinay & Jean-Marc Robin - 331-353 Idiosyncratic Risk and Aggregate Employment Dynamics
by Jeffrey R. Campbell & Jonas D. M. Fisher - 354-381 Entrepreneurial Ability and Market Selection in an Infant Industry: Evidence from the Japanese Cotton Spinning Industry
by Atsushi Ohyama & Serguey Braguinsky & Kevin M. Murphy - 382-405 Default, Reputation and Balanced-Budget Rules
by David R. Stockman - 405-435 Estimating Euler Equations
by Orazio P. Attanasio & Hamish Low - 436-455 Real Interest Rates and Brazilian Business Cycles
by Fabio Kanczuk - 456-475 Robustness of Multiple Equilibria in OLG Economies
by Guido Cazzavillan & Patrick A. Pintus - 476-493 Labor Market Search and Real Business Cycles: Reconciling Nash Bargaining with the Real Wage Dynamics
by Arnaud Cheron & Francois Langot - 494-518 Costly Capital Reallocation and Energy Use
by Antonia Diaz & Luis A. Puch & Maria D. Guillo
January 2004, Volume 7, Issue 1
- 1-26 Quantifying Embodied Technological Change
by Plutarchos Sakellaris & Daniel J. Wilson - 27-51 Tax Smoothing versus Tax Shifting
by Dirk Niepelt - 52-68 Step-by-step Migrations
by Thomas J. Holmes - 69-106 Optimal Urban Land Use and Zoning
by Esteban Rossi-Hansberg - 107-142 Fair Wages in a New Keynesian Model of the Business Cycle
by Jean-Pierre Danthine & Andre Kurmann - 143-156 On the Local Interaction of Money and Credit
by Yi Jin & Ted Temzelides - 157-180 Why Will Technical Change Not Be Permanently Skill-Biased?
by Patricia Crifo-Tillet & Etienne Lehmann - 181-197 Modeling the Response of Money and Interest Rates to Monetary Policy Shocks: A Segmented Markets Approach
by Filippo Occhino - 198-218 Optimism and Overconfidence in Search
by Juan Dubra - 237-242 A Note on Scale Effects
by Hernando Zuleta
january 2004, Volume 7, Issue 1
- 219-236 Mechanism Design and the Role of Enforcement in Freeman's Model of Payments
by David C. Mills, Jr
October 2003, Volume 6, Issue 4
- 710-728 Financial Frictions and Investment: Requiem in Q
by Russell Cooper & Joao Ejarque - 729-766 Portfolio Choice With Internal Habit Formation: A Life-Cycle Model With Uninsurable Labor Income Risk
by Francisco Gomes & Alexander Michaelides - 767-788 Asset Prices and Business Cycles with Costly External Finance
by Joao F. Gomes & Amir Yaron & Lu Zhang - 789-805 Modeling the Macro-Effects of Sustained Fiscal Policy Imbalances: How Much Does Rationality Matter?
by Deborah Lucas - 806-830 State Dependent Preferences Can Explain the Equity Premium Puzzle
by Angelo Melino & Alan X. Yang - 831-845 Human Capital and the Private Equity Premium
by Valery Polkovnichenko - 846-868 Growth and Welfare Effects of Business Cycles in Economies with Idiosyncratic Human Capital Risk
by Tom Krebs - 869-884 Optimal Unemployment Insurance: Transitional Dynamics vs. Steady State
by Gilles Joseph & Thomas Weitzenblum - 885-906 Heterogeneous Learning
by Chryssi Giannitsarou - 907-940 The New Investment Theory and Aggregate Dynamics
by Leif Danziger - 941-962 The Response of Term Rates to Monetary Policy Uncertainty
by Oscar Jorda & Kevin Salyer - 963-976 Returns to Scale and Externalities in the Consumption and Investment Sectors
by Sharon G. Harrison - 977-986 Aggregation under Complete Markets
by Masao Ogaki - 987-990 Capital Trading, Stock Trading, and the Inflation Tax on Equity: A Note
by Scott Baier & Charles T. Carlstrom & Ralph Chami & Thomas Cosimano & Timothy Fuerst & Connel Fullenkamp
July 2003, Volume 6, Issue 3
- 483-497 Determinacy Through Intertemporal Adjustment Costs
by Berthold Herrendorf & Akos Valentinyi - 498-512 Fiscal Policy and Optimal Monetary Rules in a non Ricardian Economy
by Jean-Pascal Benassy - 513-545 Firm Investment in Imperfect Capital Markets: A Structural Estimation
by Sangeeta Pratap & Silvio Rendon - 546-577 Growth and Welfare Analysis of Tax Progressivity in a Heterogeneous-Agent Model
by Elizabeth M. Caucutt & Selahattin Imrohoroglu & Krishna B. Kumar - 578-601 Technological Change and the Age-Earnings Profile: Evidence from the International Merchant Marine, 1861-1912
by Peter Thompson - 602-636 Incomplete Unemployment Insurance and Aggregate Fluctuations
by Francesc Obiols-Homs - 637-650 Labor Market Institutions, International Capital Mobility, and the Persistence of Underdevelopment
by Graziella Bertocchi - 651-671 Transitions into Unemployment and the Nature of Firing Costs
by Alain Delacroix - 672-684 Recursive Utility, Endogenous Growth, and the Welfare Cost of Volatility
by Anne Epaulard & Aude Pommeret - 685-696 The Welfare Effects of Mobility Restrictions
by Byeongju Jeong - 697-707 The (Interesting) Dynamic Properties of the Neoclassical Growth Model with CES Production
by Kent Smetters
April 2003, Volume 6, Issue 2
- 263-275 Money Growth Rules and Price Level Determinacy
by Charles T. Carlstrom & Timothy S. Fuerst - 276-299 Money, Growth and Risk Sharing with Private Information
by Young Sik Kim - 300-312 Debt, Deficits, and Age-specific Mortality
by Hamid Faruqee - 313-338 Competitive Markets for Non-Exclusive Contracts with Adverse Selection: the Role of Entry Fees
by Alberto Bisin & Piero Gottardi - 338-361 Exchange Rate Regimes and International Business Cycles
by Theptida Sopraseuth - 368-380 The Representative Consumer in the Neoclassical Growth Model with Idiosyncratic Shocks
by Lilia Maliar & Serguei Maliar - 381-403 Tax Evasion in a Model of Endogenous Growth
by Been-Lon Chen - 404-430 Effects of Flat-Rate Taxes: to What Extent Does the Leisure Specification Matter?
by Manuel Gomez - 431-454 Intergenerational Time Transfers and Childcare
by Emanuela Cardia & Serena Ng - 455-481 A Dynamic General Equilibrium Analysis of Migration and Capital Formation: The Case of Canada
by Stuart J. Wilson
January 2003, Volume 6, Issue 1
- 1-11 When Are Comparative Dynamics Monotone?
by Mark Huggett - 12-36 Early Retirement
by J. Ignacio Conde-Ruiz & Vincenzo Galasso - 37-53 Are Nash Tax Rates too Low or Too High? The Role of Endogenous Growth in Models with Public Goods
by George Economides & Apostolis Philippopoulos - 54-79 A Discrete-Time Stochastic Model of Job Matching
by Anthony E. Smith & Yves Zenou - 80-98 Prediction Ability
by Katsuya Takii - 99-119 Modeling the Economics of Greenhouse Gas Abatement: An Overlapping Generations Perspective
by Tobias Rasmussen - 120-134 Implementing the Friedman Rule
by Peter Ireland - 135-155 A Search Model of Marriage and Divorce
by Tracy J. Cornelius - 156-178 Wealth Effect on Labor Market Transitions
by Yann Algan & Arnaud Cheron & Jean-Olivier Hairault & Francois Langot - 179-206 Implementing the 35 Hour Workweek by Means of Overtime Taxation
by Victoria Osuna & Jose-Victor Rios-Rull - 207-239 External Shocks and Debt Accumulation in a Small Open Economy
by Abdelhak S. Senhadji - 240-251 About Market Structure
by Klaus Kultti - 252-262 IT Adoption Costs and Productivity: A Reply to Diego Comin
by James Bessen
October 2002, Volume 5, Issue 4
- 719-719 Foreword
by Gary D. Hansen - 720-748 Tests of Income Pooling in Household Decisions
by Orazio Attanasio & Valerie Lechene - 749-774 Population Growth, Technological Adoption, and Economic Outcomes in the Information Era
by Paul Beaudry & David A. Green - 775-814 Mortality, Fertility, and Saving in a Malthusian Economy
by Michele Boldrin & Larry E. Jones - 815-855 Why Do Women Wait? Matching, Wage Inequality, and the Incentives for Fertility Delay
by Elizabeth M. Caucutt & Nezih Guner & John Knowles - 856-891 Fertility Decisions and Gender Differences in Labor Turnover, Employment, and Wages
by Andres Erosa & Luisa Fuster & Diego Restuccia - 892-931 Bequests, Inter Vivos Transfers, and Wealth Distribution
by Shinichi Nishiyama - 932-964 The Quantity and Quality of Schooling and U.S. Labor Productivity Growth (1870-2000)
by Peter Rangazas - 965-998 College Attainment of Women
by Jose-Victor Rios-Rull & Virginia Sánchez-Marcos - 999-1024 Differential Fecundity and Gender-Biased Parental Investments in Health
by Aloysius Siow & Xiaodong Zhu
July 2002, Volume 5, Issue 3
- 503-534 Private Pensions: To What Extent Do They Account for Swedish Wealth Inequality?
by David Domeij & Paul Klein - 535-558 Labor-Market Search and International Business Cycles
by Jean-Olivier Hairault - 559-585 The Equivalence of Wage and Price Staggering in Monetary Business Cycle Models
by Rochelle M. Edge - 586-601 On the Invariance of the Rate of Return to Convex Adjustment Costs
by Andrew B. Abel - 602-617 Payments and Output
by Scott Freeman - 618-645 Does Intrinsic Habit Formation Actually Resolve the Equity Premium Puzzle?
by David A. Chapman - 646-680 The Demographic Transition in Europe: A Neoclassical Dynastic Approach
by Xavier Mateos-Planas - 681-703 Unemployment Insurance and the Role of Self-Insurance
by Atila Abdulkadiroglu & Burhanettin Kuruscu & Aysegul Sahin - 704-717 Procyclical Skill Retooling and Equilibrium Search
by Ian King & Arthur Sweetman
April 2002, Volume 5, Issue 2
- 237-242 Productivity Growth: A New Era?
by James A. Kahn & Kevin Stiroh - 243-284 Investment-Specific Technical Change in the US (1947-2000): Measurement and Macroeconomic Consequences
by Jason G. Cummins & Giovanni L. Violante - 285-317 Is Embodied Technology the Result of Upstream R&D? Industry-Level Evidence
by Daniel J. Wilson - 318-345 The PC Industry: New Economy or Early Life-Cycle?
by Mariana Mazzucato - 346-375 Moore's Law and Learning-By-Doing
by Boyan Jovanovic & Peter L. Rousseau - 376-407 What Happens When the Technology Growth Trend Changes?: Transition Dynamics, Capital Growth and the 'New Economy'
by Michael R. Pakko - 408-442 ICT Investment and Economic Growth in the 1990s: Is the United States a Unique Case? A Comparative Study of Nine OECD Countries
by Alessandra Colecchia & Paul Schreyer - 443-469 Technology Adoption Costs and Productivity Growth: The Transition to Information Technology
by James Bessen - 470-476 Comments on James Bessen's "Technology Adoption Costs and Productivity Growth: The 70's as a Technology Transition"
by Diego Comin - 477-488 Technological Change and the Scale of Production
by Matthew Mitchell - 489-502 Costly Technology Adoption and Capital Accumulation
by Aubhik Khan & B. Ravikumar
January 2002, Volume 5, Issue 1
- 1-18 Great Depressions of the Twentieth Century
by Timothy J. Kehoe & Edward C. Prescott - 19-44 The Great U.K. Depression: A Puzzle and Possible Resolution
by Harold L. Cole & Lee E. Ohanian - 45-72 The Great Depression in Canada and the United States: A Neoclassical Perspective
by Pedro Amaral & James C. MacGee - 73-99 The French Depression in the 1930s
by Paul Beaudry & Franck Portier - 100-127 The Role of Real Wages, Productivity, and Fiscal Policy in Germany's Great Depression 1928-37
by Jonas D.M. Fisher & Andreas Hornstein - 128-151 The Great Depression in Italy: Trade Restrictions and Real Wage Rigidities
by Fabrizio Perri & Vincenzo Quadrini - 152-165 Argentina's Lost Decade
by Finn E. Kydland & Carlos E. J. M. Zarazaga - 166-205 A Decade Lost and Found: Mexico and Chile in the 1980s
by Raphael Bergoeing & Patrick J. Kehoe & Timothy J. Kehoe & Raimundo Soto - 206-235 The 1990s in Japan: A Lost Decade
by Fumio Hayashi & Edward C. Prescott
October 2001, Volume 4, Issue 4
- 747-766 Incomplete Markets, Transitory Shocks, and Welfare
by Felix Kubler & Karl Schmedders - 767-789 Real Indeterminacy in Monetary Models with Nominal Interest Rate Distortions
by Charles T. Carlstrom & Timothy S. Fuerst - 790-822 Insurance with Frequency Trading: A Dynamic Analysis of Efficient Insurance Markets
by Jose S. Penalva Zuasti - 823-841 On the Use of the Inflation Tax When Nondistortionary Taxes Are Available
by Joydeep Bhattacharya & Joseph H. Haslag - 842-859 Collateralized Debt as the Optimal Contract
by Jeffrey Lacker - 860-892 Non-Walrasian Labor Markets and Real Business Cycles
by Marco Maffezzoli - 893-899 Uniqueness of Positive Fixed Points for Increasing Concave Functions on Rn: An Elementary Result
by John Kennan
July 2001, Volume 4, Issue 3
- 519-535 Acknowledging Misspecification in Macroeconomic Theory
by Lars Peter Hansen & Thomas J. Sargent - 536-561 The Cyclical Behavior of Skill Acquisition
by David N. DeJong & Beth F. Ingram - 562-574 Inventories and the Business Cycle: Testing a Sequential Trading Model
by Benjamin Eden - 575-606 Capital Trading, Stock Trading, and the Inflation Tax on Equity
by Ralph Chami & Thomas F. Cosimano & Connel Fullenkamp - 607-636 Inflation and Price Adjustment: An Analysis of Microdata
by Benjamin Eden - 637-679 Preference Evolution, Two-Speed Dynamics, and Rapid Social Change
by William H. Sandholm - 680-694 Search, Dealers, and the Terms of Trade
by Gabriele Camera - 695-735 How Do Taxes Affect Human Capital? The Role of Intergenerational Mobility
by Lutz Hendricks - 736-745 An Anti-folk Theorem in Overlapping Generations Games with Limited Observability
by Kiho Yoon
July 2001, Volume 4, Issue 2
- 369-405 Endogenous Policy Choice: The Case of Pollution and Growth
by Larry E. Jones & Rodolfo E. Manuelli - 406-437 Idiosyncratic Risk in the United States and Sweden: Is There a Role for Government Insurance?
by Martin Floden & Jesper Lindé - 438-459 Balanced-Budget Rules: Welfare Loss and Optimal Policies
by David R. Stockman - 460-494 The Nature and Effects of Technological Change over the Industry Life Cycle
by Darren Filson - 495-515 Does Money Always Make People Happy?
by Akiomi Kitagawa
April 2001, Volume 4, Issue 2
- 245-274 Externalities and Cities
by Robert E. Lucas, Jr. - 275-302 The Dynamics of Exclusion and Fiscal Conservatism
by Gilles Saint-Paul - 303-334 Financial Intermediation and Occupational Choice in Development
by Andres Erosa - 335-368 Wages and the Size of Firms in Dynamic Matching Models
by Giuseppe Bertola & Pietro Garibaldi
January 2001, Volume 4, Issue 1
- 1-25 Finite Horizons, Political Economy, and Growth
by James A Kahn & Jong-Soo Lim - 26-57 Growth, Death, and Taxes
by Lutz Hendricks - 58-74 The Phillips Curve and Optimal Policy in a Structural Signal Extraction Model
by Jean-Pascal Benassy - 75-89 Tax Policy and Stability in a Model with Sector-Specific Externalities
by Jang-Ting Guo & Sharon G. Harrison - 90-126 Specification and Estimation of Equilibrium Search Models
by H. Bunzel & Bent Jesper Christensen & Peter Jensen & Nicholas Kiefer & L. Korsholm & L. Muus & G. R. Neumann & Michael Rosholm - 127-158 Schooling and Distortions in a Vintage Capital Model
by Xavier Mateos-Planas - 159-187 Equilibrium Wage Dispersion, Firm Size and Growth
by Melvyn G. Coles - 188-209 Bargains, Barter and Money
by Merwan Engineer & Shouyong Shi - 210-229 Indeterminancy and Government Spending in a Two-Sector Model of Endogenous Growth
by Xavier Raurich - 230-243 Business Cycle Asymmetries: International Evidence
by W.A. Razzak
October 2000, Volume 3, Issue 4
- 619-649 Bidding for Labor
by Benoit Julien & John Kennes & Ian King - 650-674 Capital Accumulation in an Economy with Dynasties and Uncertain Lifetimes
by Luisa Fuster - 675-703 Learning-by-Using and the Switch to Better Machines
by Stephen L. Parente - 704-725 Escaping Poverty: Risk-Taking and Endogenous Inequality in a Model of Equilibrium Growth
by Michael A. Sadler - 726-756 Forecasting the Forecasts of Others in the Frequency Domain
by Kenneth Kasa - 757-770 Human Capital and Optimal Policy in a Lucas-type Model
by Pedro Garcia-Castrillo & Marcos Sanso - 771-800 Why Do Some Households Save So Little? A Rational Explanation
by Siu Fai Leung - 801-830 Relative Performance Evaluations in a Model of Financial Intermediation
by Satoshi Kawanishi - 831-840 Efficient Timing of Retirement
by Geoffrey H. Kingston
July 2000, Volume 3, Issue 3
- 365-395 Optimal Intertemporal Consumption Under Uncertainty
by Gary Chamberlain & Charles A. Wilson - 396-422 Renegotiation-Proof Dynamic Contracts with Private Information
by Cheng Wang - 423-460 The Macroeconomic Effects of German Unification: Real Adjustments and the Welfare State
by Fabio Canova & Morten Ravn - 461-485 Equipment Investment and the Relative Demand for Skilled Labor: International Evidence
by Karnit Flug & Zvi Hercowitz - 486-522 Hiring as Investment Behavior
by Eran Yashiv - 523-550 The Monetary Transmission Mechanism
by Jess Benhabib & Roger E.A. Farmer - 551-571 On the Political Economy of Latin American Land Reforms
by Antonia Diaz - 572-596 On the Enforcement of Cooperative Environmental Policies
by Stephane Pallage - 597-617 How Significant are Departures from Certainty Equivalence? Some Analytical and Empirical Results
by Abdelhak S. Senhadji
April 2000, Volume 3, Issue 2
- 213-215 Introduction
by David K. Levine & Aldo Rustichini - 216-246 Mutual Insurance, Individual Savings and Limited Commitment
by Ethan Ligon & Jonathan P. Thomas & Tim Worrall - 247-282 Implementation, Elimination of Weakly Dominated Strategies and Evolutionary Dynamics
by Antonio Cabrales & Giovanni Ponti - 283-310 Private Experience in Adaptive Learning Models
by Felipe Perez-Marti - 311-329 Correlation, Learning and the Robustness of Cooperation
by Nicola Dimitri - 330-337 The Castle on the Hill
by David Levine - 338-363 Folk Theorem with One-sided Information
by Harrison Cheng
January 2000, Volume 3, Issue 1
- 1-40 Entrepreneurship, Saving and Social Mobility
by Vincenzo Quadrini - 41-78 Political Equilibria with Social Security
by Michele Boldrin & Aldo Rustichini - 79-99 Can Habit Formation be Reconciled with Business Cycle Facts?
by Martin Lettau & Harald Uhlig - 100-137 Investment-Saving Comovement and Capital Mobility: Evidence from Century Long U.S. Time Series
by Daniel Levy - 137-165 Human Capital and International Real Business Cycles
by Marco Maffezzoli - 166-193 Gift Exchange and the Business Cycle: The Fair Wage Strikes Back
by Fabrice Collard & David de la Croix - 194-211 Price Level Determinacy under a Pure Interest Rate Peg
by Jean-Pascal Benassy
October 1999, Volume 2, Issue 4
- 757-795 Social Security Reform with Heterogeneous Agents
by Juan C. Conesa & Dirk Krueger - 796-819 Is Social Security Really Bad for Growth?
by Giorgio Bellettini & Carlotta Berti Ceroni - 820-849 A Welfare Analysis of Policy Responses to the Skilled Wage Premium
by William Blankenau - 850-856 Y2k
by Stephanie Schmitt-Grohe & Martin Uribe
July 1999, Volume 2, Issue 3
- 489-497 Social Security Liabilities
by Edward M. Gramlich - 498-531 On the Distributional Effects of Social Security Reform
by Mark Huggett & Gustavo Ventura - 532-574 Privatizing Social Security in the U.S. -- Comparing the Options
by Laurence J. Kotlikoff & Kent Smetters & Jan Walliser - 575-615 Projected U.S. Demographics and Social Security
by Mariacristina De Nardi & Selahattin Imrohoroglu & Thomas J. Sargent - 616-637 Is Altruism Important for Understanding the Long-Run Effects of Social Security?
by Luisa Fuster - 638-665 Social Security in an Overlapping Generations Economy with Land
by Ayse Imrohoroglu & Selahattin Imrohoroglu & Douglas H. Joines - 666-697 Should the Social Security Trust Fund Hold Equities
by Henning Bohn - 698-730 The US Social Security System: What Does Political Sustainability Imply?
by Vincenzo Galasso - 731-755 Privatizing Social Security
by Thomas Cooley & Jorge Soares
April 1999, Volume 2, Issue 2
- 325-346 The Optimal Inflation Tax
by Isabel Correia & Pedro Teles - 347-369 Endogenous Money Supply and the Business Cycle
by William T. Gavin & Finn E. Kydland - 370-402 Liquidity Contraints and Business Cycles in Developing Economies
by Benoît Carmichael & Sikoro Keita & Lucie Samson - 402-432 Endogenous Cycles and Growth with Indivisible Technological Developments
by Scott Freeman & Dong-Pyo Hong & Dan Peled - 433-455 Firm Heterogeneity, Capacity Utilization and the Business Cycle
by Jean-François Fagnart & Omar Licandro & Franck Portier - 456-471 Search, Concave Production, and Optimal Firm Size
by Eric Smith - 472-485 Adaptive Learning in Imperfect Monitoring Games
by Mario Gilli
January 1999, Volume 2, Issue 1
- 1-1 Foreword
by Per Krusell & Neil Wallace - 3-35 "Overreaction" of Asset Prices in General Equilibrium
by S. Rao Aiyagari & Mark Gertler - 36-64 Credit in a Random Matching Model with Private Information
by S. Rao Aiyagari & Stephen D. Williamson - 65-103 Social Mobility: The Barro-Becker Children Meet the Laitner-Loury Dynasties
by Fernando Alvarez