Content from 2005
Advances
Comparing Wealth Effects: The Stock Market versus the Housing Market
Karl E. Case, John M. Quigley, and Robert J. Shiller
Optimal Time-Consistent Taxation with International Mobility Of Capital
Paul Klein, Vincenzo Quadrini, and Jose-Victor Rios-Rull
Recipient of the Arrow Prize for Senior Economists
Contributions
The Effects of Industrialization on Education and Youth Labor in Indonesia
Maya Federman and David I. Levine
A Closed Form Ramsey Saddle Path
Halvor Mehlum
Hiccups for HIPCs? Implications of Debt Relief for Fiscal Sustainability and Monetary Policy
Craig Burnside and Domenico Fanizza
The Buffer-Stock Consumption Model with Endogenous Income Shifts
Nikolaj Malchow-Mřller and Bo Jellesmark Thorsen
Capital-Skill Complementarity and Rigid Relative Wages: Inference from the Business Cycle
Jan R. Skaksen and Anders Sorensen
Indeterminacy and the Stability Puzzle in Non-Convex Economies
George W. Evans and Bruce McGough
The Underestimated Virtues of the Two-sector AK Model
Gabriel J. Felbermayr and Omar Licandro
Exchange Rates and Fiscal Adjustments: Evidence from the OECD and Implications for the EMU
Luisa Lambertini and José A. Tavares
The 3-Equation New Keynesian Model --- A Graphical Exposition
Wendy Carlin and David Soskice
Topics
Non-Scale Models of R&D-based Growth: The Market Solution
Thomas M. Steger
Parameter Instability, Model Uncertainty and the Choice of Monetary Policy
Carlo A. Favero and Fabio Milani
Job Insecurity, Reallocation and Technological Innovation in a Self-Fulfilling Prophecy
Koen Vermeylen
The Scope of Monetary Policy Actions Authorized Under the Federal Reserve Act
David H. Small and James Clouse
Matching Up the Data on Education with Economic Growth Models
Chris Papageorgiou and Fidel Pérez-Sebastián
An Active Public Investment Rule and the Downsizing Experience in the US: 1960-2000
Gustavo A. Marrero
Exchange Rate Regimes and Financial Dollarization: Does Flexibility Reduce Currency Mismatches in Bank Intermediation?
Carlos O. Arteta
U.S. Regional Income and Technology: A Unit-Root and Cointegration Study
Eskander Alvi and Habibur Rahman
Firm Entry with an Imperfect Labor Market
Justin P. Johnson
Fiscal Policy and the Price Level
Barbara Annicchiarico and Giancarlo Marini
Income Taxation, Productive Government Expenditure and Stochastic Growth: On Conditions for an Optimal Policy and the Role of the Risk Premium
Christiane Clemens
Income and Wealth Distributions Along the Business Cycle: Implications from the Neoclassical Growth Model
Lilia Maliar, Serguei Maliar, and Juan Mora
Ramsey-Friedman Optimality with Banking Time
Max K. Gillman and Oleg Yerokhin
Optimal Fiscal Policy with Rationing in the Labor Market
Arantza Gorostiaga
The Monetary Policy Committee's Reaction Function: An Exercise in Estimation
Charles A.E. Goodhart
Policy Effects in the Post Boom U.S. Economy
Ray C. Fair
Human Capital and Growth: An Alternative Accounting
Peter C. Rangazas
Growing Old Together: Firm Survival and Employee Turnover
Erwan Quintin and John J. Stevens