Economics Working Paper Archive

From Levy Economics Institute
Bibliographic data for series maintained by Elizabeth Dunn ( this e-mail address is bad, please contact ).

Access Statistics for this working paper series.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

wp_52: Debt, Price Flexibility and Aggregate Stability

John Caskey and Steven Fazarri

wp_51: Financial Crises: Systemic or Idiosyncratic

Hyman Minsky

wp_50: How Useful Are Comparisons of Present Debt Problems With the 1930s?

Albert Gailord Hart

wp_49: The Role of Banks Where Service Replication Has Eroded Institutional Franchises

Richard Aspinwall

wp_48: The Economic Significance of Equity Capital: Lessons from Venture Investing by an Economist-Practitioner

William H. Janeway

wp_47: Financial Disturbances and Depressions: The View from Economic History

Richard Sylla

wp_46: Redistribution Through Taxation: An International Comparison

Sourushe Zandvakili

wp_45: Female-Headed Families: Why Are They So Poor?

Joan Rodgers

wp_44: Accounting for the Decline in Private Sector Unionization: Representation Elections, Structural Change and Restructuring

Thomas Karier

wp_43: "International Comparison of Household Inequalities: Based on Micro Data with Decompositions" Abstract: This paper demonstrates the usefulness of the decomposability property of the Generalized Entropy (GE) family of measures in comparing inequality among countries. A family of Generalized Entropy measures are decomposed by family size and by the household head's age, gender, education, and ethnicity. This is done in order to learn about components which are due to demographic differences "between" households, and "within" group components which are free of such group characteristics. This will further our understanding of the impact of different social-economic structures upon the distribution of income. Looking at the overall inequality for comparative analysis without the decompositions can provide us with only a partial picture of the differences and thus is inadequate. Moreover, internal analysis is enhanced since the decompositions will locate the potential source of inequality for diagnostic policy purposes. Luxembourg Income Study data sets are chosen for their richness and comparability of micro data on variables and attributes such as income, age, education, family size, gender, and ethnicity

Sourushe Zandvakili

wp_42: Poverty and Choice of Marital Status: A Self-Selection Model

Joan Rodgers

wp_41: Generalized Entropy Measures of Long-Run Inequality and Stability Among Male Headed Households

Sourushe Zandvakili

wp_40: "A Karnel Regression of Phillips' Data" Abstract: Economists have assumed that the Phillips curve, which shows a positive (negative) relation between inflation and the output ratio (unemployment rate), may be mapped off the aggregate demand -aggregate supply apparatus. The paper shows that the Phillips curve requires that unlikely restrictions be put on the form of the aggregate supply and aggregate demand curves. In this case, it is inappropriate to treat data on inflation and capacity utilization as the basis for estimating an underlying formal model. The paper therefore uses a nonparametric, data-driven method to describe the data. This method, of kernel regression, shows the inflation-unemployment association in Phillips's sample to be negative on a global scale, yet irregular within particular ranges of unemployment

Nancy J. Wulwick and Y.P. Mack

wp_39: Poverty and Household Composition

Joan Rodgers

wp_38: The Mathematics of Economic Growth

Nancy J. Wulwick

wp_37: What Happened to the Corporate Profit Tax?

Tom Karier

wp_36: The Microeconomics of Monopoly Power

Thomas Karier

wp_35: Industrial De-Diversification and Its Consequences for Productivity

Frank Lichtenberg

wp_34: The Determinants of U.S. Foreign Production: Unions, Monopoly Power, and Comparative Advantage

Thomas Karier

wp_33: What Remains of the Growth Controversy?

Nancy J. Wulwick

wp_32: The Effects of Mergers on Prices, Costs, And Capacity Utilization in the U.S. Air Transportation Industry, 1970-84

Frank Lichtenberg and Moshe Kim

wp_31: The Changing Role of Debt in Bankruptcy

Dorene Isenberg

wp_30: Growth Cycles in a Discrete, Nonlinear Model

Marc Jarsulic

wp_29: Unionization and the Incidence of Performance-based Compensation in Canada

Derek Jones and Jeffrey Pliskin

wp_28: The Covariance Transformation And the Instrumental Variables Estimator of the Fixed Effects Model

Jeffrey Pliskin

wp_27: Money and Equilibrium: Two Alternative Nodes Of Coordination Of Economic Activities

Jean Cartelier

wp_26: Marx's Value, Exchange and Surplus Value Theory: A Suggested Interpretation

Jean Cartelier

wp_25: Kaleckianism vs. "New" Keynesianism

Tracy Mott

wp_24: Financial Instability: A Recession Simulation on the U.S. Corporate Structure

Dorene Isenberg

wp_23: Viability and Equilibrium: ISLM Revisited

Jean Cartelier

wp_22: Debt and Macro Stability

Marc Jarsulic

wp_21: The Structure of Class Conflict in a Kaleckian-Keynesian Model

Tracy Mott

wp_20: Profits, Cycles and Chaos

Marc Jarsulic

wp_19: A Dynamic Approach to the Theory of Effective Demand

Anwar Shaikh

wp_18: Profitability and the Time-Varying Liquidity Premium in the Term Structure of Interest Rates

Tracy Mott and David Zen

wp_17: Social Progress After the Age of Progressivism: The End of Trade Unionism in the West

David Kettler and Volker Meja

wp_16: Unionization and Labour Regimes: A Comparison between Canada and the U.S. since 1945

David Kettler, James Struthers and Christopher Huxley

wp_15: The Financially Fragile Firm: Is There a Case for It in the 1920s?

D. L. Isenberg

wp_14: Classical and Neoclassical Elements in Industrial Organization

Mark Glick and Eduardo Ochoa

wp_13: The Effects of Worker Participation, Employee Ownership and Profit Sharing on Economics Performance: A Partial Review

Derek Jones and Jeffrey Pliskin

wp_12: The Real Wage And The Marginal Product of Labor

Tracy Mott

wp_11: Ranking Urban Areas: A Hedonic Equilibrium Approach To Quality of Life

Dimitrios A. Giannias

wp_10: Long-Term Trends in Profitability: The Recovery of World War II

Gerard Dumenil,, Mark Glick and Dominque Levy

wp_9: Consumer Benefit From Air Quality Improvements

Dimitrios A Giannias

wp_8: The Effects of Alternative Sharing Arrangements on Employment: Preliminary Evidence From Britain

Derek Jones and Jeffrey Pliskin

wp_7: Why Is The Rate of Profit Still Falling?

Thomas Michl

wp_6: A Structural Approach to Hedonic Equilibrium Models

Dimitrios A. Giannias

wp_5: The Finance Constraint Theory of Money: A Progress Report

Meir Kohn

wp_4: Housing Quality Differentials In Urban Areas

Dimitrios A. Giannias

wp_3: Competing Micro Economic Theories Of Industrial Profits: An Empirical Approach

Mark Glick and Eduardo M. Ochoa

wp_2: The Firm and its Profits

Nina Shapiro

wp_1: Macroeconomic Profitability: Theory and Evidence

Thomas Michl