Economics Letters

1978 - 2025

Current editor(s): Economics Letters Editorial Office

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Volume 87, issue 3, 2005

Friedman redux: Restricting monetary policy rules to support flexible exchange rates pp. 291-299

Michael Devereux, Kang Shi and Juanyi Xu

Spurious nonlinear regressions in econometrics pp. 301-306

Young-Sook Lee, Tae-Hwan Kim and Paul Newbold

Can raising interest rates increase inflation? pp. 307-311

Ludger Linnemann

Optimal health insurance contract: Is a deductible useful? pp. 313-317

David Bardey and Romain Lesur

Myopic loss aversion: Information feedback vs. investment flexibility pp. 319-324

Charles Bellemare, Michaela Krause, Sabine Kröger and Chendi Zhang

Explaining the relationship between CO2 emissions and national income--The role of energy consumption pp. 325-328

Xuemei Liu

Price-setting behaviour, competition, and markup shocks in the new Keynesian model pp. 329-335

Hashmat Khan

Money as real options in a cash-in-advance economy pp. 337-345

Stacie Beck and David R. Stockman

Fertility, volatility, and growth pp. 347-353

Aude Pommeret and William T. Smith

Inequality preserving rationing pp. 355-360

Jens Leth Hougaard and Lars Peter Osterdal

Approximating the bias of the LSDV estimator for dynamic unbalanced panel data models pp. 361-366

Giovanni Bruno

Mean-reverting behavior of current account in Asian countries pp. 367-371

Evan Lau and Ahmad Zubaidi Baharumshah

Long-memory property of nonlinear transformations of break processes pp. 373-377

Gawon Yoon

On the gains from international financial integration pp. 379-386

Mark Wright

Structural change in U.S. manufacturing: Stationarity and intra-distributional changes pp. 387-392

Jens J. Kruger

Nonparametric identification of behavioral responses to counterfactual policy interventions in dynamic discrete decision processes pp. 393-398

Victor Aguirregabiria

Migration, taxation and educational incentives pp. 399-405

Torben M. Andersen

Regime (non)stationarity in the US/UK real exchange rate pp. 407-413

Angelos Kanas and Margarita Genius

Endogenous private health investment and the willingness to pay for public health projects: The effects of income pp. 415-420

Liqun Liu and William Neilson

Testing for a Santa Claus effect in growth cycles pp. 421-426

David Giles

Marriage, female labor supply, and Asian zodiacs pp. 427-432

Jungmin Lee

Volume 87, issue 2, 2005

Capital utilization and the foundations of club convergence pp. 145-152

Carl-Johan Dalgaard and Jes Winther Hansen

Unobserved heterogeneity and the relation between earnings and firm size: evidence from two developing countries pp. 153-159

Mans Soderbom, Francis Teal and Anthony Wambugu

Monetary policy arithmetic for a deflationary economy pp. 161-167

Noritaka Kudoh

Child labor and the law: Notes on possible pathologies pp. 169-174

Kaushik Basu

Allowing a pre-purchase product trial in duopoly pp. 175-179

Sunku Hahn

Determinacy, learnability, and discretionary policy pp. 181-185

Takushi Kurozumi

Learnability and transparency with time inconsistent monetary policy pp. 187-191

Thomas Cone

Sustainability revisited pp. 193-197

Klaus Hellwig

VAT base broadening when the location of some consumption is mobile pp. 199-205

John Whalley and Shunming Zhang

Estimating memory parameter in the US inflation rate pp. 207-210

Jin Lee

The origin principle, tax harmonization and public goods pp. 211-219

Christos Kotsogiannis, Miguel-Angel Lopez-Garcia and Gareth Myles

Testing for market efficiency in gambling markets when the errors are non-normal and heteroskedastic an application of the wild bootstrap pp. 221-226

C. Ioannidis and David Peel

Can small menu costs explain sticky prices? pp. 227-230

Arthur Fishman and Avi Simhon

ICT diffusion and potential output growth pp. 231-234

Gilbert Cette, Jacques Mairesse and Yusuf Kocoglu

Nominal and real wage rigidity in a friction model pp. 235-241

Louis Christofides and Dingding Li

Errors in the Penn World Table demographic data pp. 243-248

Steve Dowrick

Bi-polarization comparisons pp. 249-258

Jean-Yves Duclos and Damien Échevin

Modeling the liquidity effect with the limited participation model: A skeptical view pp. 259-265

Stéphane Auray and Patrick Fève

A tractable model of precautionary saving in continuous time pp. 267-272

Patrick Toche

Margin borrowing, stock returns, and market volatility: Evidence from margin credit balance pp. 273-278

Wei David Zhang, Mojtaba Seyedian and Jinliang Li

On the Fisher-Konieczny index of price changes synchronization pp. 279-283

Daniel Dias, Carlos Marques, Pedro Neves and João Santos Silva

A sunspot paradox pp. 285-290

Thomas Hintermaier

Volume 87, issue 1, 2005

Monetary policy and stable indeterminacy with inertia pp. 1-7

George Evans and Bruce McGough

Do price ceilings abroad increase U.S. drug prices? pp. 9-13

Sudesh Mujumdar and Debashis Pal

Legal institutions and financial system orientation pp. 15-19

Julan Du

Monopolistic competition, transaction costs and multiple equilibria pp. 21-26

Ludovic Julien and Nicolas Sanz

Collateral once again pp. 27-33

Jaime Orrillo

Reserve price commitments in auctions pp. 35-39

Flavio Menezes and Matthew J. Ryan

Inflation and inequality: does political structure matter? pp. 41-46

Raj Desai, Anders Olofsgård and Tarik M. Yousef

Environmental regulation and US state-level production pp. 47-53

Daniel Henderson and Daniel Millimet

Market structure and the allocation of R&D expenditures pp. 55-59

Atsushi Kato

(All) Equilibria in a class of bidding games pp. 61-66

Gian Luigi Albano and Alexander Matros

A Bayesian analysis of tree structure specification in nested logit models pp. 67-73

Jeremy A. Verlinda

Estimating and identifying vector autoregressions under diagonality and block exogeneity restrictions pp. 75-81

William Lastrapes

Forming efficient networks pp. 83-87

David Perez-Castrillo and David Wettstein

The battle of the sexes when the future is important pp. 89-93

Kjell Hausken

Reciprocity, matching and conditional cooperation in two public goods games pp. 95-101

Rachel Croson, Enrique Fatas and Tibor Neugebauer

Extracting consumer information rent by delaying the delivery of goods/services pp. 103-108

Zen-Fu Ueng and C.C. Yang

A complete characterization of majority rules pp. 109-112

Jianxin Yi

The political economy of refunded emissions payment programs pp. 113-119

Per Fredriksson and Thomas Sterner

The determinants of international knowledge diffusion as measured by patent citations pp. 121-126

Megan MacGarvie

Does advertising lower the price of newspapers to consumers? A theoretical appraisal pp. 127-134

Jean Gabszewicz, Didier Laussel and Nathalie Sonnac

Solving nonlinear dynamic stochastic models: an algorithm computing value function by simulations pp. 135-140

Lilia Maliar and Serguei Maliar

Indirect taxation is superfluous under separability and taste homogeneity: a simple proof pp. 141-144

Guy Laroque