Legislative Organization

[Symposium: Political Economy]

By Keith Krehbiel

Journal of Economic Perspectives, Winter 2004

With an emphasis on the U.S. Congress, this essay addresses political economy approaches to the study of legislative organization. Simple models provide a foundation for more sophisticated studies of one of two problems: how coalitions of intense minoriti...

Choosing the Federal Reserve Chair: Lessons from History

By Christina D. Romer and David H. Romer

Journal of Economic Perspectives, Winter 2004

Is Housing Unaffordable? Why Isn't It More Affordable?

By John M. Quigley and Steven Raphael

Journal of Economic Perspectives, Winter 2004

This paper reviews trends in housing affordability in the U.S. over the past four decades. There is little evidence that owner-occupied housing has become less affordable. In contrast, there have been modest increases in the fraction of income that the me...

Witchcraft, Weather and Economic Growth in Renaissance Europe

By Emily Oster

Journal of Economic Perspectives, Winter 2004

Retrospectives: Gender in Classical Economics

By Robert W. Dimand, Evelyn L. Forget, and Chris Nyland

Journal of Economic Perspectives, Winter 2004

Recommendations for Further Reading

By Bernard Saffran

Journal of Economic Perspectives, Winter 2004

Notes

Journal of Economic Perspectives, Winter 2004

Distinguished Lecture on Economics in Government: Lessons from Past Productivity Booms

By Roger W. Ferguson and William L. Wascher

Journal of Economic Perspectives, Spring 2004

How Should We Measure Consumer Confidence?

[Symposium: Consumer Confidence]

By Jeff Dominitz and Charles F. Manski

Journal of Economic Perspectives, Spring 2004

Research on consumer confidence has mainly sought to evaluate the power of available data to predict economic outcomes. In contrast, this article considers how best to measure consumer confidence. We analyze the responses to eight questions that have appe...

Latin America's Growth and Equity Frustrations During Structural Reforms

[Symposium: Latin America's Growth Record]

By José Antonio Ocampo

Journal of Economic Perspectives, Spring 2004

This paper argues that Latin America's market-oriented reforms, together with increased monetary and fiscal discipline, were successful in bringing down inflation, inducing export growth and diversification, and attracting foreign direct investment. Nonet...

Latin America since the 1990s: Rising from the Sickbed?

[Symposium: Latin America's Growth Record]

By Arminio Fraga

Journal of Economic Perspectives, Spring 2004

Asbestos and the Future of Mass Torts

By Michelle J. White

Journal of Economic Perspectives, Spring 2004

State Budget Deficit Dynamics and the California Debacle

By Steven M. Sheffrin

Journal of Economic Perspectives, Spring 2004

This paper analyzes the recent experience with state budget deficits in the United States, with an in-depth analysis of the California experience. Compared to prior recessions, states were slower to make adjustments in taxes and spending this time. The pa...

Policy Watch: Trade Adjustment Assistance

By Katherine Baicker and Marit M. Rehavi

Journal of Economic Perspectives, Spring 2004

Recommendations for Further Reading

By Bernard Saffran

Journal of Economic Perspectives, Spring 2004

Comments

Journal of Economic Perspectives, Spring 2004

Race and Marriage in the Labor Market: A Discrimination Correspondence Study in a Developing Country

By Eva O. Arceo-Gomez and Raymundo M. Campos-Vazquez

American Economic Review, May 2014

In Mexico, as in most Latin American countries with indigenous populations, it is commonly believed that European phenotypes are preferred to mestizo or indigenous phenotypes. However, it is hard to test for such racial biases in the labor market using of...

Has Moral Hazard Become a More Important Factor in Managerial Compensation?

By George-Levi Gayle and Robert A. Miller

American Economic Review, December 2009

We estimate a principal-agent model of moral hazard with longitudinal data on firms and managerial compensation over two disjoint periods spanning 60 years to investigate increased value and variability in managerial compensation. We find exogenous gro...

Notes

Journal of Economic Perspectives, Spring 2004

Development, Growth and Policy Reform in the Middle East and North Africa since 1950

[Symposium: Middle East]

By Tarik M. Yousef

Journal of Economic Perspectives, Summer 2004

The September 11 terrorist attacks ignited global interest in the Middle East. Observers in the region and abroad were quick to highlight the development "deficits" in Middle Eastern countries which have been linked to everything from structural economic ...