Details about William D. Nordhaus

E-mail:
Homepage:	http://www.econ.yale.edu/~nordhaus/homepage/homepage.htm
Workplace:	Cowles Foundation for Research in Economics, Yale University, (more information at EDIRC) Economics Department, Yale University, (more information at EDIRC)

Access statistics for papers by William D. Nordhaus.

Last updated 2009-10-02. Update your information in the RePEc Author Service.

Short-id: pno115

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Working Papers

2009

1. Alternative Policies and Sea-Level Rise in the RICE-2009 Model
   Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
2. An Analysis of the Dismal Theorem
   Levine's Working Paper Archive, David K. Levine
   Also in Cowles Foundation Discussion Papers, Cowles Foundation, Yale University (2009)
3. Measurement of Income with Time Use with Applications to Hedonic Indicators of Happiness and Misery
   Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
4. The Effects of the Security Environment on Military Expenditures: Pooled Analyses of 165 Countries, 1950-2000
   Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
5. The Perils of the Learning Model For Modeling Endogenous Technological Change
   Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009)

2006

6. Baumol's Diseases: A Macroeconomic Perspective
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
7. The "Stern Review" on the Economics of Climate Change
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
8. The Economics of Hurricanes in the United States
   NBER Working Papers, National Bureau of Economic Research, Inc View citations

2005

9. Economics, Politics and the 2004 Election: Electoral Victory and Statistical Defeat
   Working Papers, Yale University, Department of Economics
10. Life After Kyoto: Alternative Approaches to Global Warming
    NBER Working Papers, National Bureau of Economic Research, Inc
11. Schumpeterian Profits and the Alchemist Fallacy Revised
    Working Papers, Yale University, Department of Economics
12. The Sources of the Productivity Rebound and the Manufacturing Employment Puzzle
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

2004

13. Retrospective on the 1970s Productivity Slowdown
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
14. Retrospective on the Postwar Productivity Slowdown
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
15. Schumpeterian Profits in the American Economy: Theory and Measurement
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Cowles Foundation Discussion Papers, Cowles Foundation, Yale University (2004) View citations

2002

16. The Economic Consequences of a War in Iraq
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
17. The Economic Consequences of a War with Iraq
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations
18. The Health of Nations: The Contribution of Improved Health to Living Standards
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2002) View citations
19. The Mildest Recession: Output, Profits, and Stock Prices as the U.S. Emerges from the 2001 Recession
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in Cowles Foundation Discussion Papers, Cowles Foundation, Yale University (2002)

2001

20. Alternative Methods for Measuring Productivity Growth
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Cowles Foundation Discussion Papers, Cowles Foundation, Yale University (2000)
21. New Data and Output Concepts for Understanding Productivity Trends
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Cowles Foundation Discussion Papers, Cowles Foundation, Yale University (2000)
22. Productivity Growth and the New Economy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Cowles Foundation Discussion Papers, Cowles Foundation, Yale University (2000) View citations
    See also Journal Article in Brookings Papers on Economic Activity (2002)
23. The Progress of Computing
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations

1998

24. Requiem for Kyoto: An Economic Analysis of the Kyoto Protocol
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations
    See also Journal Article in The Energy Journal (1999)
25. The Health of Nations: Irving Fisher and the Contribution of Improved Longevity to Living Standards
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations

1997

26. Beyond the CPI: An Augmented Cost of Living Index (ACOLI)
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University

1996

27. What is the Value of Scientific Knowledge? An Application to Global Warming Using the PRICE Model
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
    See also Journal Article in The Energy Journal (1997)

1995

28. How Should We Measure Sustainable Income?
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations

1994

29. Do Real Output and Real Wage Measures Capture Reality? The History of Lighting Suggests Not
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations
    See also Chapter (1996)
30. Locational Competition and the Environment: Should Countries Harmonize Their Environmental Policies?
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations
31. Marching to Different Drummers: Coordination and Independence in Monetary and Fiscal Policies
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University

1993

32. Measuring the Impact of Global Warming in Agriculture
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations

1992

33. Rolling the 'Dice': An Optimal Transition Path for Controlling Greenhouse Gases
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
    See also Journal Article in Resource and Energy Economics (1993)
34. The 'DICE' Model: Background and Structure of a Dynamic Integrated Climate-Economy Model of the Economics of Global Warming
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations
35. The Impact of Climate on Agriculture: A Ricardian Approach
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations

1991

36. Stabilizing the Soviet Economy
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
37. The Ecology of Markets
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University

1989

38. Alternative Approaches to the Political Business Cycle
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations
    See also Journal Article in Brookings Papers on Economic Activity (1989)
39. Risk Analysis in Economics: An Application to University Finances
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations

1986

40. Resources, Technology, and Development: Will the Table Be Bare When Poor Countries Get There?
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
41. The Share Economy: A Symposium
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
    See also Journal Article in Journal of Comparative Economics (1986)

1985

42. Empirical Tests of the Rationality of Economic Forecasters: A Fixed Horizons Approach
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
43. Forecasting Efficiency: Concepts and Applications
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
    See also Journal Article in The Review of Economics and Statistics (1987)

1982

44. How Fast Should We Graze the Global Commons?
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations
    See also Journal Article in American Economic Review (1982)
45. The Structure of Social Risk
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations

1981

46. Economic Policy in the Face of Declining Productivity Growth
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
    See also Journal Article in European Economic Review (1982)
47. Macroconfusion: The Dilemmas of Economic Policy
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University

1980

48. Policy Responses to the Productivity Slowdown
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations
49. Thinking About Carbon Dioxide: Theoretical and Empirical Aspects of Optimal Control Strategies
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations

1979

50. How Should We Revise Our Beliefs About Nuclear Power Safety After Three Mile Island?
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
51. Tax-Based Incomes Policies: A Better Mousetrap?
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
52. The Energy Crisis and Macroeconomic Policy
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
    See also Journal Article in The Energy Journal (1980)

1977

53. Modeling Technological Change: Use of Mathematical Programming Models in the Energy Sector
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
54. Strategies for the Control of Carbon Dioxide
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
55. What is the Value of Advanced Nuclear Power?
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University

1976

56. Economic Growth and Climate: The Carbon Dioxide Problem
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
    See also Journal Article in American Economic Review (1977)
57. Inflation Theory and Policy
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
    See also Journal Article in American Economic Review (1976)

1975

58. The Demand for Energy: An International Perspective
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations

1972

59. Notes on Transactions Costs and the Analysis of Microeconomic Monetary Theory
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
60. The Effects of Inflation on the Distribution of Economic Welfare
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University
    See also Journal Article in Journal of Money, Credit and Banking (1973)

1971

61. Is Growth Obsolete?
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations
    See also Chapter (1973)

1970

62. Recent Developments in Price Dynamics
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations

1969

63. An Economic Theory of Technological Change
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations
    See also Journal Article in American Economic Review (1969)

1967

64. The Optimal Life of a Patent
    Cowles Foundation Discussion Papers, Cowles Foundation, Yale University View citations

Journal Articles

2008

1. IMPACT ON ECONOMIC GROWTH OF DIFFERENTIAL POPULATION GROWTH IN AN ECONOMY WITH HIGH INEQUALITY
   South African Journal of Economics, 2008, 76, (2), 314-315

2007

2. A Review of the Stern Review on the Economics of Climate Change
   Journal of Economic Literature, 2007, 45, (3), 686-702 View citations
3. Alternative measures of output in global economic-environmental models: Purchasing power parity or market exchange rates?
   Energy Economics, 2007, 29, (3), 349-372
4. Are We Having More Fun Yet? Categorizing and Evaluating Changes in Time Alloction
   Brookings Papers on Economic Activity, 2007, 38, (2007-2), 219-240
5. Two Centuries of Productivity Growth in Computing
   The Journal of Economic History, 2007, 67, (01), 128-159

2006

6. After Kyoto: Alternative Mechanisms to Control Global Warming
   American Economic Review, 2006, 96, (2), 31-34 View citations
7. Magnitude and direction of technological transfers for mitigating GHG emissions
   Energy Economics, 2006, 28, (5-6), 730-741

2005

8. Costs, benefits, and rationing of health care: comments on Cutler’s “What Is Good Care, and What Is Bad?”
   Conference Series ; [Proceedings], 2005, (Jun), 77-87
9. Nordhaus on Fisher and Improved Longevity
   American Journal of Economics and Sociology, 2005, 64, (1), 367-392

2002

10. Productivity Growth and the New Economy
    Brookings Papers on Economic Activity, 2002, 33, (2002-2), 211-265 View citations
    See also Working Paper (2001)
11. Puzzles About the American Economy in the Current Recession and Recovery
    Brookings Papers on Economic Activity, 2002, 33, (2002-1), 199-228

2000

12. New Directions in National Economic Accounting
    American Economic Review, 2000, 90, (2), 259-263 View citations

1999

13. Beyond the CPI: An Augmented Cost-of-Living Index
    Journal of Business & Economic Statistics, 1999, 17, (2), 182-87 View citations
14. Requiem for Kyoto: An Economic Analysis of the Kyoto Protocol
    The Energy Journal, 1999, 20, (Special Issue), 93-130 View citations
    See also Working Paper (1998)
15. The Impact of Global Warming on Agriculture: A Ricardian Analysis: Reply
    American Economic Review, 1999, 89, (4), 1053-1055 View citations
    Also in American Economic Review, 1999, 89, (4), 1046-1048 (1999) View citations

1998

16. Quality Change in Price Indexes
    Journal of Economic Perspectives, 1998, 12, (1), 59-68 View citations

1997

17. Traditional Productivity Estimates Are Asleep at the (Technological) Switch
    Economic Journal, 1997, 107, (444), 1548-59 View citations
18. What is the Value of Scientific Knowledge? An Application to Global Warming Using the PRICE Model
    The Energy Journal, 1997, 18, (1), 1-46 View citations
    See also Working Paper (1996)

1996

19. A Regional Dynamic General-Equilibrium Model of Alternative Climate-Change Strategies
    American Economic Review, 1996, 86, (4), 741-65 View citations
20. The Impact of Global Warming on Agriculture: Reply
    American Economic Review, 1996, 86, (5), 1312-15 View citations

1995

21. Editors' introduction
    Energy Policy, 1995, 23, (4-5), 251-252
22. The ghosts of climates past and the specters of climate change future
    Energy Policy, 1995, 23, (4-5), 269-282

1994

23. Policy games: Coordination and Independece in Monetary and Fiscal Policies
    Brookings Papers on Economic Activity, 1994, 25, (1994-2), 139-216
24. The Impact of Global Warming on Agriculture: A Ricardian Analysis
    American Economic Review, 1994, 84, (4), 753-71 View citations

1993

25. Optimal Greenhouse-Gas Reductions and Tax Policy in the "Dice" Model
    American Economic Review, 1993, 83, (2), 313-17 View citations
26. Reflections on the Economics of Climate Change
    Journal of Economic Perspectives, 1993, 7, (4), 11-25 View citations
27. Rolling the 'DICE': an optimal transition path for controlling greenhouse gases
    Resource and Energy Economics, 1993, 15, (1), 27-50 View citations
    See also Working Paper (1992)

1992

28. Lethal Model 2: The Limits to Growth Revisited
    Brookings Papers on Economic Activity, 1992, 23, (1992-2), 1-60 View citations

1991

29. A Sketch of the Economics of the Greenhouse Effect
    American Economic Review, 1991, 81, (2), 146-50 View citations
30. Do Borders Matter? Soviet economic Reform after the Coup
    Brookings Papers on Economic Activity, 1991, 22, (1991-2), 321-340
31. The Cost of Slowing Climate Change: a Survey
    The Energy Journal, 1991, 12, (Number 1), 37-66 View citations
32. To Slow or Not to Slow: The Economics of the Greenhouse Effect
    Economic Journal, 1991, 101, (407), 920-37 View citations

1990

33. Soviet Economic Reform: The Longest Road
    Brookings Papers on Economic Activity, 1990, 21, (1990-1), 287-318 View citations

1989

34. Alternative Approaches to the Political Business Cycle
    Brookings Papers on Economic Activity, 1989, 20, (1989-2), 1-68 View citations
    See also Working Paper (1989)

1988

35. Can the Share Economy Conquer Stagflation?
    The Quarterly Journal of Economics, 1988, 103, (1), 201-17 View citations

1987

36. Forecasting Efficiency: Concepts and Applications
    The Review of Economics and Statistics, 1987, 69, (4), 667-74 View citations
    See also Working Paper (1985)

1986

37. 'A geometrical analysis of the incentives for default and credit rationing' by Daniel Cohen and Jeffrey Sachs
    European Economic Review, 1986, 30, (3), 561-564
38. Can the share economy cure our macroeconomic woes? Probably not
    Journal of Comparative Economics, 1986, 10, (4), 448-453
39. Introduction to the share economy
    Journal of Comparative Economics, 1986, 10, (4), 416-420
40. The council of economic advisers: Conscience or advocate?
    Carnegie-Rochester Conference Series on Public Policy, 1986, 25, (1), 265-277
41. The share economy: A symposium
    Journal of Comparative Economics, 1986, 10, (4), 414-415
    See also Working Paper (1986)

1985

42. 'International coordination in the design of macroeconomic policies' by John B. Taylor
    European Economic Review, 1985, 28, (1-2), 89-92

1982

43. Economic policy in the face of declining productivity growth
    European Economic Review, 1982, 18, (1), 131-157 View citations
    Also in European Economic Review, 1982, 18, (2), 131-157 (1982) View citations
    See also Working Paper (1981)
44. How Fast Should We Graze the Global Commons?
    American Economic Review, 1982, 72, (2), 242-46 View citations
    See also Working Paper (1982)

1980

45. The Energy Crisis and Macroeconomic Policy
    The Energy Journal, 1980, 1, (1), 11-20
    See also Working Paper (1979)

1977

46. Economic Growth and Climate: The Carbon Dioxide Problem
    American Economic Review, 1977, 67, (1), 341-46 View citations
    See also Working Paper (1976)

1976

47. Inflation Theory and Policy
    American Economic Review, 1976, 66, (2), 59-64
    See also Working Paper (1976)

1975

48. The Political Business Cycle
    Review of Economic Studies, 1975, 42, (2), 169-90 View citations

1974

49. Resources as a Constraint on Growth
    American Economic Review, 1974, 64, (2), 22-26 View citations
50. The 1974 Report of the President's Council of Economic Advisers: Energy in the Economic Report
    American Economic Review, 1974, 64, (4), 558-65
51. The Falling Share of Profits
    Brookings Papers on Economic Activity, 1974, 5, (1974-1), 169-218 View citations

1973

52. Some Skeptical Thoughts on the Theory of Induced Innovation
    The Quarterly Journal of Economics, 1973, 87, (2), 208-19 View citations
53. The Effects of Inflation on the Distribution of Economic Welfare
    Journal of Money, Credit and Banking, 1973, 5, (1), 465-504 View citations
    See also Working Paper (1972)
54. World Dynamics: Measurement Without Data
    Economic Journal, 1973, 83, (332), 1156-83 View citations

1972

55. Pricing in the Trade Cycle
    Economic Journal, 1972, 82, (327), 853-82 View citations
56. The Optimum Life on a Patent: Reply
    American Economic Review, 1972, 62, (3), 428-31 View citations
57. The Recent Productivity Slowdown
    Brookings Papers on Economic Activity, 1972, 3, (1972-3), 493-546 View citations
58. The Worldwide Wage Explosion
    Brookings Papers on Economic Activity, 1972, 3, (1972-2), 431-466 View citations

1969

59. An Economic Theory of Technological Change
    American Economic Review, 1969, 59, (2), 18-28 View citations
    See also Working Paper (1969)

Books

2006

1. A New Architecture for the U.S. National Accounts
   NBER Books, National Bureau of Economic Research, Inc

1991

2. Money, Macroeconomics, and Economic Policy: Essays in Honor of James Tobin, vol 1
   MIT Press Books, The MIT Press

1972

3. Economic Research: Retrospect and Prospect Vol 5: Economic Growth
   NBER Books, National Bureau of Economic Research, Inc

Chapters

2007

1. Measuring Real Income with Leisure and Household Production
   A chapter in Measuring the Subjective Well-Being of Nations: National Accounts of Time Use and Well-Being, 2007, pp 125-144

2006

2. Introduction to "A New Architecture for the U.S. National Accounts"
   A chapter in A New Architecture for the U.S. National Accounts, 2006, pp 1-12
3. Principles of National Accounting For Nonmarket Accounts
   A chapter in A New Architecture for the U.S. National Accounts, 2006, pp 143-160

1996

4. Do Real-Output and Real-Wage Measures Capture Reality? The History of Lighting Suggests Not
   A chapter in The Economics of New Goods, 1996, pp 27-70 View citations
   See also Working Paper (1994)

1977

5. A Technique for Analyzing and Decomposing Inflation
   A chapter in Analysis of Inflation: 1965-1974, 1977, pp 333-360
6. Welfare Measures for Regional Policies
   A chapter in Explorations in Economic Research, Volume 4, number 3 (New Directions in Federal Economic Development Programs), 1977, pp 101-116

1973

7. Is Growth Obsolete?
   A chapter in The Measurement of Economic and Social Performance, 1973, pp 509-564 View citations
   Also in A chapter in Economic Research: Retrospect and Prospect Vol 5: Economic Growth, 1972, pp 1-80 (1972) View citations
   See also Working Paper (1971)