Advances
Stable Sunspot Equilibria in a Cash-in-Advance Economy
George W. Evans, Seppo M.S. Honkapohja, and Ramon Marimon
Should Monetary Policy Use Long-Term Rates?
Mariano Kulish
Habit Formation and Aggregate Consumption Dynamics
Martin Sommer
Factor Utilization and the Real Impact of Financial Crises
Felipe Meza and Erwan Quintin
Contributions
The Arrow Effect under Competitive R&D
Guido Cozzi
Openness, Wage Floors and Technology Change
Winfried Koeniger
Nominal Debt Dynamics, Credit Constraints and Monetary Policy
Liam Graham and Stephen Wright
TFP Differences and the Aggregate Effects of Labor Mobility in the Long Run
Paul Klein and Gustavo J. Ventura
Specialization Patterns and the Factor Bias of Technology
Alejandro Cuņat and Marco Maffezzoli
Inspecting the Mechanism Exactly: A Closed-form Solution to a Stochastic Growth Model
William T. Smith
ICT and Productivity Resurgence: A Growth Model for the Information Age
Francesco Venturini
The Response of Business Fixed Investment to Changes in Energy Prices: A Test of Some Hypotheses about the Transmission of Energy Price Shocks
Paul Edelstein and Lutz Kilian
Topics
To Pool or to Aggregate? Tests with a Dynamic Panel Macroeconometric Model of Australian State Labor Markets
Kausik Chaudhuri and Jeffrey R. Sheen
Economic Growth: A Channel Decomposition Exercise
Wei-Kang Wong
Optimal Monetary Policy, Endogenous Sticky Prices, and Multiple Equilibria
Levon Barseghyan and Riccardo DiCecio
A Simple Wicksellian Macroeconomic Model
Charles Weise
Confidence-Enhanced Economic Growth
Angus C. Chu
A Positive Analysis of Targeted Employment Protection Legislation
Juan Dolado, Marcel Jansen, and Juan Jimeno Serrano
The Political Economy of Numbers: On the Application of Benford's Law to International Macroeconomic Statistics
John Nye and Charles Moul
Exchange Rate Regimes, Inflation and Growth in Developing Countries -- An Assessment
Michael Bleaney and Manuela Francisco
Does Permanent Income Determine the Vote?
Jo Thori Lind
Rich, Poor and Growth-Miracle Nations: Multiple Equilibria Revisited
Dmytro Kylymnyuk, Lilia Maliar, and Serguei Maliar
Savers, Spenders and Fiscal Policy in a Small Open Economy
Egil Matsen, Tommy Sveen, and Ragnar Torvik
Assessing Sign Restrictions
Matthias Paustian
Euro Area Inflation Differentials
Ignazio Angeloni and Michael Ehrmann
Decomposing Consumer Wealth Effects: Evidence on the Role of Real Estate Assets Following the Wealth Cycle of 1990-2002
Michael Donihue and Andriy Avramenko
Gold, Fiat Money, and Price Stability
Michael D. Bordo, Robert D. Dittmar, and William T. Gavin
Fiscal Discipline and the Cost of Public Debt Service: Some Estimates for OECD Countries
Silvia Ardagna, Francesco Caselli, and Timothy Lane