Now, however, governments are much less confident about the desirability of expanding aggregate demand even when there is considerable unemployment.
26 October 2004
This paper considers a linear triangular simultaneous equations model with conditional quantile restrictions.
22 October 2004
20 October 2004
How does entry affect productivity growth of incumbents? In this paper we exploit policy reforms in the United Kingdom that changed entry conditions by opening up the U.K. economy during the 1980s and panel data on British establishments to shed light on this question.
13 October 2004
1 October 2004
This weekend representatives of the International Monetary Fund's 184 member countries gather in Washington for its annual meeting.
1 October 2004
Longevity, health, economic resources, and social and family circumstances are inexorably linked.
1 October 2004
This paper assesses the accuracy of decomposing income risk into permanent and transitory components using income and consumption data.
1 October 2004
In a number of semiparametric models, smoothing seems necessary in order to obtain estimates of the parametric component which are asymptotically normal and converge at parametric rate.
1 October 2004
This paper assesses the accuracy of decomposing income risk into permanent and transitory components using income and consumption data.
1 October 2004
22 September 2004
20 September 2004
This paper is concerned with inference about a function g that is identified by a conditional moment restriction involving instrumental variables.
14 September 2004
This paper examines the socio-economic consequences of teenage motherhood for a cohort of British women born in 1970.
13 September 2004
This paper examines the relationship between foreign ownership and productivity, paying particular attention to two issues neglected in the existing literaturethe role of multinationals in service sectors and the importance of R&D activity conducted by foreign multinationals.
9 September 2004
8 September 2004
6 September 2004
6 September 2004
In additive error models with a discrete endogenous variable identification cannot be achieved under a marginal covariation condition when the support of instruments is sparse relative to the support of the endogenous variable
5 September 2004