Carnegie-Rochester Conference Series on Public Policy

1976 - 2001

Current editor(s): B. T. McCallum

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Introduction to the series pp. v-v: Bennett McCallum and Charles Plosser
Human capital development and welfare participation pp. 1-43: Robert A. Miller and Seth G. Sanders
Human capital development and welfare participation: A comment pp. 45-48: Ariel Pakes
1974 pp. 49-95: Jeremy Greenwood and Mehmet Yorukoglu
1974: A comment pp. 97-105: Samuel Kortum
Technology and jobs: secular changes and cyclical dynamics pp. 107-178: Timothy Dunne, John Haltiwanger and Kenneth Troske
Technology and jobs: secular changes and cyclical dynamics: A comment pp. 179-188: Glenn M. MacDonald
Labor-market flexibility and aggregate employment volatility pp. 189-228: Antonio Cabrales and Hugo A. Hopenhayn
Labor-market flexibility and aggregate employment volatility: A comment pp. 229-239: Olivier Blanchard
Private sector development in transition economies pp. 241-279: Zuzana Brixiová Schwidrowski and Nobuhiro Kiyotaki
Private sector development in transition economies: A comment pp. 281-287: Jeffrey Sachs
Stepping-stone mobility pp. 289-325: Boyan Jovanovic and Yaw Nyarko
Sorting, learning, and mobility when jobs have scarcity value: A comment pp. 327-337: Steven Davis

Carl Christ pp. 1-1: Allan Meltzer
Carl Christ Youthful times with Carl pp. 3-7: Arnold C. Harberger
Carl Christ Teacher and athlete pp. 9-10: Gregory D. Hess
Carl Christ teaching and watching pp. 11-12: Herschel Grossman
Balanced-budget rules and public deficits: evidence from the U.S. states pp. 13-76: Henning Bohn and Robert P. Inman
Balanced-budget rules and public deficits: evidence from the U.S. states A comment pp. 77-87: Shaghil Ahmed
Will social security survive the baby boom? pp. 89-121: Thomas Cooley and Jorge Soares
Will social security survive the baby-boom? A comment pp. 123-128: Jagadeesh Gokhale
The economics of the informal sector: a simple model and some empirical evidence from Latin America pp. 129-162: Norman Loayza
The informal sector: baby or bath water? A comment pp. 163-171: Patrick K. Asea
Log-rolling and economic interests in the passage of the Smoot-Hawley tariff pp. 173-200: Douglas Irwin and Randall S. Kroszner
Log-rolling, partisanship, and economic interest in the passage of the Hawley-Smoot tariff A comment pp. 201-205: Michael Bordo
Endogenous tax determination and the distribution of wealth pp. 207-242: Gregory W. Huffman
Endogenous tax policy and the distribution of wealth A comment pp. 243-252: Per Krusell

Introduction to the series pp. v-v: Allan Meltzer and Charles Plosser
Unemployment insurance with moral hazard in a dynamic economy pp. 1-41: Cheng Wang and Stephen Williamson
Unemployment insurance with moral hazard in a dynamic economy A comment pp. 43-46: Hugo A. Hopenhayn
Unemployment insurance and labor-market activity in Canada pp. 47-82: David Andolfatto and Paul Gomme
Unemployment insurance, labor-market dynamics, and social welfare A comment pp. 83-86: Dale Mortensen
Macroeconomic effects of employment reallocation pp. 87-116: Jeffrey Campbell and Kenneth Kuttner
Macroeconomic effects of labor reallocation A comment pp. 117-124: Prakash Loungani
Industry innovation: where and why pp. 125-150: Pete Klenow
Industry innovation: where and why A comment pp. 151-167: Craig Burnside
Comovement in cities pp. 169-206: John Shea
Comovement in cities A comment pp. 207-214: Valerie Ramey
Are data on industry evolution and gross job turnover relevant for macroeconomics? pp. 215-239: Andrew Atkenson, Aubhik Khan and Lee Ohanian

Price-level determinacy without control of a monetary aggregate pp. 1-46: Michael Woodford
Money and the real exchange rate with sticky prices and increasing returns pp. 55-101: Paul Beaudry and Michael Devereux
Does a constant money growth rule help stabilize inflation?: experimental evidence pp. 111-156: Ramon Marimon and Shyam Sunder
On growth and indeterminacy: some theory and evidence pp. 163-211: Jess Benhabib and Jordi Galí
The econometrics of indeterminacy: an applied study pp. 225-271: Roger Farmer and Guo Jang-Ting
Financial intermediation and the Great Depression: a multiple equilibrium interpretation pp. 285-323: Russell Cooper and Joao Ejarque

Introduction to the series pp. v-v: Allan Meltzer and Charles Plosser
The importance of investor heterogeneity and financial market imperfections for the behavior of asset prices pp. 1-32: John Heaton and Deborah Lucas
The importance of investor heterogeneity and financial market imperfections for the behavior of asset prices: A comment pp. 33-38: Stanley Zin
The intertemporal allocation of consumption: theory and evidence pp. 39-56: Orazio Attanasio
The intertemporal allocation of consumption: theory and evidence: A comment pp. 91-94: Angus Deaton
Evaluating the gains from international risksharing pp. 95-143: Linda Tesar
Evaluating the gains from international risksharing: A comment pp. 145-149: K. Rouwenhorst
The impact of monetary policy on bank balance sheets pp. 151-195: Anil Kashyap and Jeremy C. Stein
The impact of monetary policy on bank balance sheets: A comment pp. 197-202: Marvin Goodfriend
Commercial paper, corporate finance, and the business cycle: a microeconomic perspective pp. 203-250: Charles Calomiris, Charles P. Himmelberg and Paul Wachtel
Commercial paper, corporate finance, and the business cycle: a microeconomic perspective: A comment pp. 251-255: Simon Gilchrist
The role of financial intermediaries in transitional economies pp. 257-302: Gerard Caprio
A few speculations on the role of financial intermediaries in transitional economies: A comment pp. 303-307: Harold Cole