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Causes and consequences of bias in the consumer price index as a measure of the cost of living.
March 1, 2005... Preamble
Like most economists, both when I was an undergraduate and a graduate student, I did not consider the material on price indexes or national income accounting particularly interesting or consequential. Perhaps this was because the...
Remembering Charlie Kindleberger.
March 1, 2005... It is a pleasure to be asked to join this distinguished panel of former students of Charlie Kindleberger who have been asked to reflect on the man as teacher, economist, and long-time friend. I first met Charlie in the autumn of 1952, the year...
Kindleberger: economics and history.
March 1, 2005... Charlie Kindleberger was a beloved teacher and mentor to all his generations of students. There are countless tales we all can tell about the encouragement, inspiration, and support that each of us received from him. I am tempted to add to the...
Charlie Kindleberger.
March 1, 2005... I think of Charlie with a mixture of admiration, respect, and affection--especially affection.
Admiration for the volume and enormous interest of his scholarly output, and his ability to follow the beat of his own drummer at a time when...
Remembering Charlie.
March 1, 2005... In remembering Charlie, my mind goes back to 1956. I arrived in that year from Cambridge, England, to Cambridge, Massachusetts, to study at MIT. I must confess that I had been seduced into crossing the ocean by the theoretical reputation of...
Charles P. Kindleberger: reluctant yet seminal historian.(Biography)
March 1, 2005... Charlie Kindleberger--he was always "Charlie" in our decades of personal correspondence--began to work in economic history only in what appeared to be late-career. For him--and fortunately for us--that turned out to be mid-career. His first...
Charles Kindleberger: an impressionist in a minimalist world.
March 1, 2005... During the last five decades of Charles Kindleberger's distinguished career, composers, painters, and economists developed a strong professional commitment to minimalism. By minimalism, I mean a determination to pare one's work down to an...
Macroeconomic and sectoral effects of international trade: a vector error-correction study.
March 1, 2005... Introduction
Since the breakdown of the Bretton Woods agreement in 1971 and the subsequent conversion to a system of flexible exchange rates in 1973, the U.S. economy has become increasingly internationalized. In the past 30 years, the...
Does technology foster trade? Empirical evidence for developed and developing countries.
March 1, 2005... Introduction
In recent years, it has been shown in the literature that economic geography determines trade, production, economic growth, and welfare. An increasing interest has been focused on the analysis of the relationship between trade...
The great growth debate: a statistical look at Mankiw, Romer, and Weil, versus Islam.
March 1, 2005... Introduction
Since Robert Solow published his seminal paper, A Contribution to the Theory of Economic Growth [1956], there have been many articles that have tried to determine whether Solow's theoretical model is supported by cross-country...
Making the big leagues: factors contributing to publication in elite economics journals.
March 1, 2005... Introduction
Publication in the best journals of one's discipline, is for many academic researchers, the "stuff that dreams are made of," the equivalent of making the big leagues in sports or performing at Carnegie Hall in the arts. While...
Democracy and durability: empirical analysis and a causality test.
March 1, 2005... Introduction
Most of the regime shifts in democracies occur through the electoral defeat of the incumbents, while dictatorships relinquish power only through violence. Democracy requires consent of the citizenry and consent requires...
Regional skill structure and the diffusion of technology.
March 1, 2005... Introduction
A major impact of technological change since the 1980s has been an alteration of the structure of wages and employment within the manufacturing sector. Generally, it is argued that dramatic changes in the types of technologies...
Minieconomics as a separate part of microeconomics.
March 1, 2005... The aim of the present paper is to substantiate the selection of a separate unit of economic theory circumscribing behavior of economic agents inside a firm. The traditional classification on objects of research should be supplemented, besides...
Is there a German view on stabilization policy issues?(ANTHOLOGY)
March 1, 2005... According to Paul Krugman [2003] there is an ideology-driven conservative German view on stabilization policies, which stands in contrast to the more pragmatic approach of Anglo-Saxon academics and policy makers. Krugman holds this view...
The NHL's overtime-loss rule: empirically analyzing the unintended effects.(National Hockey League)
March 1, 2005... In 1999, the National Hockey League (NHL) altered the payoff structure for regular season games that went into overtime. With this so-called "overtime-loss" rule, teams that lost during the five-minute sudden death overtime period were now...