Working Papers
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- 9503: Country-bashing tariffs: do bilateral trade deficits matter?

- W. Michael Cox and Roy J. Ruffin
- 9502: Inflation and intermediation in a model with endogenous growth

- Joseph Haslag
- 9501: An equilibrium analysis of central bank independence and inflation

- Gregory Huffman
- 9415: The effects of monetary policy in a model with reserve requirements

- Joseph Haslag
- 9414: The P* model of inflation revisited

- Evan Koenig
- 9413: The role of tax policy in the boom/bust cycle of the Texas construction sector

- D'Ann Petersen, Keith Phillips and Mine Yucel
- 9412: The information content of the paper-bill spread

- Kenneth M. Emery
- 9411: Monetary base rules: the currency caveat

- Rik Hafer, Joseph Haslag and Scott Hein
- 9410: U.S. banks, competition, and the Mexican banking system: how much will NAFTA matter?

- William Gruben, Jeffery W. Gunther and John H. Welch
- 9409: The role of intellectual property rights in economic growth

- David Gould and William Gruben
- 9408: On the political economy of school deregulation

- Shawna Grosskopf, Kathy J. Hayes, Lori Taylor and William Weber
- 9407: Fiscal policy in more general equilibrium

- Jim Dolmas and Mark Wynne
- 9406: The dynamics of recoveries

- Nathan Balke and Mark Wynne
- 9405: Protecting social interest in free invention

- Stephen Brown and William Gruben
- 9404: Energy policy: does it achieve its intended goals?

- Shengyi Guo and Mine Yucel
- 9403: The disappearing January blip and other state employment mysteries

- Franklin Berger and Keith Phillips
- 9402: Capacity utilization and the evolution of manufacturing output: a closer look at the \"bounce-back effect.\"

- Evan Koenig
- 9401: Adding bond funds to M2 in the P-star model of inflation

- Zsolt Becsi and John Duca
- 9342: On the fluctuations induced by majority voting

- Gregory Huffman
- 9341: Are net discount rates stationary?: some further evidence

- Joseph Haslag, Michael Nieswiadomy and Daniel Slottje
- 9340: A survey of measurement biases in price indexes

- Fiona Sigalla and Mark Wynne
- 9339: Searching for a stable M2-demand equation

- Evan Koenig
- 9338: Exchange rate uncertainty and economic growth in Latin America

- Darryl McLeod and John H. Welch
- 9337: Assessing the economic cost of unilateral oil conservation

- Stephen Brown and Hillard Huntington
- 9336: Income taxes as reciprocal tariffs

- W. Michael Cox, David Gould and Roy J. Ruffin
- 9335: Problems of testing fiscal solvency in high inflation economies: evidence from Argentina, Brazil, and Mexico

- John H. Welch
- 9334: The inefficiency of seigniorage from required reserves

- Scott Freeman
- 9333: Wealth effects, heterogeneity and dynamic fiscal policy

- Zsolt Becsi
- 9332: Endogenous growth and international trade

- Roy J. Ruffin
- 9331: The credibility and performance of unilateral target zones: a comparison of the Mexican and Chilean cases

- Raul Anibal Feliz and John H. Welch
- 9330: On the existence of nonoptimal equilibria in dynamic stochastic economies

- Jeremy Greenwood and Gregory Huffman
- 9329: Retaliation, liberalization, and trade wars: the political economy of nonstrategic trade policy

- David Gould and Graeme L. Woodbridge
- 9328: On the optimality of interest-bearing reserves in economies of overlapping generations

- Scott Freeman and Joseph Haslag
- 9327: Coal, natural gas and oil markets after World War II: what's old, what' s new?

- Shengyi Guo and Mine Yucel
- 9326: Clearinghouse banks and banknote over-issue

- Scott Freeman
- 9325: Growth and equity with endogenous human capital: Taiwan's economic miracle revisited

- Maw-Lin Lee, Ben-chieh Liu and Ping Wang
- 9324: A general two-sector model of endogenous growth with human and physical capital: balanced growth and transitional dynamics

- Eric Bond, Ping Wang and Chong Yip
- 9323: Retaliation, liberalization, and trade wars: the political economy of nonstrategic trade policy

- David Gould and Graeme L. Woodbridge
- 9322: Recessions and recoveries in real business cycle models: do real business cycle models generate cyclical behavior?

- Nathan Balke and Mark Wynne
- 9321: Should bond funds be included in M2?

- John Duca
- 9320: The output effects of government consumption: a note

- Mark Wynne
- 9319: Allocative inefficiency and local government: evidence rejecting the Tiebout hypothesis

- Lori Taylor
- 9318: Why the composite index of leading indicators doesn't lead

- Kenneth M. Emery and Evan Koenig
- 9317: An alternative neo-classical growth model with closed-form decision rules

- Gregory Huffman
- 9316: Price stabilization, output stabilization and coordinated monetary policy actions

- Joseph Haslag
- 9315: Output, inflation, and stabilization in a small open economy: evidence from Mexico

- John Rogers and Ping Wang
- 9314: Technological unemployment

- W. Michael Cox
- 9313: Default risk, dollarization, and currency substitution in Mexico

- William Gruben and John H. Welch
- 9312: Borrowing constraints, household debt, and racial discrimination in loan markets

- John Duca and Stuart Rosenthal
- 9311: Real effects of money and welfare costs of inflation in an endogenously growing economy with transactions costs

- Ping Wang and Chong Yip