Advances
Total Factor Productivity and Labor Reallocation: The Case of the Korean 1997 Crisis
David Benjamin and Felipe Meza
Contributions
Monetary Policy and Central Bank Balance Sheet Concerns
Tiago C. Berriel and Saroj Bhattarai
The Transmission of Foreign Interest Rate Shocks to a Small-Open Economy: The Role of External Debt and Financial Integration
Ufuk D. Demirel
Money and Barter under Private Information
Enchuan Shao
The Cost of Cyclical Mortality
Ryan D. Edwards
Interest Rate Conundrum
Roger Craine and Vance L. Martin
Rational Inattention and Aggregate Fluctuations
Yulei Luo and Eric R. Young
Optimal Monetary Policy in a Financially Fragile Economy
Ufuk D. Demirel
Settlement Systems
Benjamin Lester
A Model of Sequential City Growth
David Cuberes
Does Model Uncertainty Justify Conservatism? Robustness and the Delegation of Monetary Policy
Peter Tillmann
To Work or Not to Work: Did Tax Reforms Affect Labor Force Participation of Married Couples?
Michael Bar and Oksana Leukhina
Foreign Aid, Donor Fragmentation, and Economic Growth
Kurt Annen and Stephen Kosempel
The Response of Household Expenditure to Anticipated Income Changes: Bonus Payments and the Seasonality of Consumption in Japan
Masahiro Hori and Satoshi Shimizutani
Of Nutters and Doves
Martin R. Bodenstein and Roc Armenter
Topics
Fiscal Shocks and Real Rigidities
Francesco Furlanetto and Martin Seneca
On Balance Sheets, Idiosyncratic Risk and Aggregate Volatility
Luis San Vicente Portes and Deniz Ozenbas
Endogenous Liquidity and Currency Unions
Brian Peterson
Oil Matters: Real Input Prices and U.S. Unemployment Revisited
Spyros Andreopoulos
Inflation Range Targets with Hard Edges
Niklas J. Westelius
Model Misspecification, Learning and the Exchange Rate Disconnect Puzzle
Vivien Lewis and Agnieszka Markiewicz
The Burden Sharing of Pollution Abatement Costs in Multi-Regional Open Economies
Raouf Boucekkine and Marc Germain
Optimal Monetary Policy with a Convex Phillips Curve
Demosthenes N. Tambakis
Cointegration and Asymmetric Adjustment: Some New Evidence Concerning the Behavior of the U.S. Current Account
Mark J. Holmes and Theodore Panagiotidis
Risk-Adjusted Forecasts of Oil Prices
Patrizio Pagano and Massimiliano Pisani
Evaluating Communication Strategies for Public Agencies: Transparency, Opacity, and Secrecy
Axel Lindner
The Source of UK Historical Economic Fluctuations: An Analysis Using Long-Run Restrictions
Neville Francis
Inflation Bias with Dynamic Phillips Curves and Impatient Policy Makers
Tatiana Kirsanova, David Vines, and Simon Wren-Lewis
Regime Switches in GDP Growth and Volatility: Some International Evidence and Implications for Modeling Business Cycles
Penelope Smith and Peter M. Summers
Dynamic Optimal Taxation with Human Capital
Leslie J. Reinhorn
Unions, Wage Setting and Monetary Policy Uncertainty
Hans Peter Gruener, Bernd Hayo, and Carsten Hefeker
Taxing Overtime or Subsidizing Employment
Victoria Osuna