Monetary Policy Lessons of Recent Inflation and Disinflation

[Symposium: Monetary Lessons of the 1980s]

By William Poole

Journal of Economic Perspectives, Summer 1988

I will consider the monetary policy lessons of the recent inflation and disinflation. The next section of this paper is devoted to the decline of M1 velocity after 1981 and the demise of the "standard" money demand function. Some authors conclude that thi...

Effects of School Quality on Student Achievement: Discontinuity Evidence from Kenya

By Adrienne M. Lucas and Isaac M. Mbiti

American Economic Journal: Applied Economics, July 2014

The most desirable Kenyan secondary schools are elite government schools that admit the best students from across the country. We exploit the random variation generated by the centralized school admissions process in a regression discontinuity design to o...

Correspondence

Journal of Economic Perspectives, Summer 1988

Recommendations for Further Reading

By Bernard Saffran

Journal of Economic Perspectives, Summer 1988

Notes

Journal of Economic Perspectives, Summer 1988

Puzzles: Sylvia, Ice Cream and More

By Joseph Farrell

Journal of Economic Perspectives, Summer 1988

This installment of Puzzles includes answers to all the puzzles presented. The puzzles are titled: "Competition as a Welfare Minimum"; "Externalities Galore"; "The Utility of Ice Cream"; "Congestion Pricing"; and "Are There Pareto Improvements?"

A Model of Discovery

By Michele Boldrin and David K. Levine

American Economic Review, May 2009

Public Policy and the Dynamics of Children's Health Insurance, 1986-1999

By John C. Ham, Xianghong Li, and Lara D. Shore-Sheppard

American Economic Review, May 2009

Report of the Editor: American Economic Journal: Microeconomics

By Andrew Postlewaite

American Economic Review, May 2009

Lies, Damn Lies, and Pre-election Polling

By Elias Walsh, Sarah Dolfin, and John DiNardo

American Economic Review, May 2009

Report of the Committee on Economic Statistics

By Katharine Abraham

American Economic Review, May 2009

Report of the Editor: Journal of Economic Perspectives

By Andrei Shleifer

American Economic Review, May 2009

Report of the Treasurer

By John J. Siegfried

American Economic Review, May 2009

Matching and Price Competition

By Jeremy Bulow and Jonathan Levin

American Economic Review, June 2006

We develop a model in which firms set impersonal salary levels before matching with workers. Wages fall relative to any competitive equilibrium while profits rise almost as much, implying little inefficiency. Furthermore, the best firms gain the most f...

Report of the Editor: American Economic Journal: Economic Policy

By Alan J. Auerbach

American Economic Review, May 2009

American Economic Association Universal Academic Questionnaire Summary Statistics

By Charles E. Scott and John J. Siegfried

American Economic Review, May 2009

The Chinese Saving Puzzle and the Life-Cycle Hypothesis

By Franco Modigliani and Shi Larry Cao

Journal of Economic Literature, March 2004

China's per capita income ranks below 100th in the world. Its saving rate, however, has been one of the highest worldwide in recent decades. In this paper, we attempt to explain the seeming paradox within the framework of the Life-Cycle Hypothesis develop...

A Conversation with Amartya Sen

By Arjo Klamer

Journal of Economic Perspectives, Winter 1989

Arjo Kalmer interviews Amayrtya Sen in December 1985. After some biographical and academic background, the discussion moves to welfare economics, rationality, and Adam Smith. In a postscript, Sen discusses the connection between his critique of the ration...

Political Economy of Public Policies: Insights from Distortions to Agricultural and Food Markets

By Kym Anderson, Gordon Rausser, and Johan Swinnen

Journal of Economic Literature, June 2013

The agricultural and food sector is an ideal case for investigating the political economy of public policies. Many of the policy developments in this sector since the 1950s have been sudden and transformational, while others have been gradual but persis...

Mobility and Conflict

By Sourav Bhattacharya, Joyee Deb, and Tapas Kundu

American Economic Journal: Microeconomics, February 2015

We study the role of intergroup mobility in the emergence of conflict. Two groups compete for the right to allocate society's resources. We allow for costly intergroup mobility. The winning group offers an allocation, which the opposition can accept or re...