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American Economic Review: Vol. 90 No. 5 (December 2000)
Front Matter (pp. i-vi)
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Articles
Does Exchange-Rate Stability Increase Trade and Welfare? (pp. 1093-1109)
Philippe Bacchetta and
Eric van Wincoop
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Market Contagion: Evidence from the Panics of 1854 and 1857 (pp. 1110-1124)
Morgan Kelly and
Cormac O Grada
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Monetary Aggregates and Output (pp. 1125-1135)
Scott Freeman and
Finn E. Kydland
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Endogenous Business Cycles and the Dynamics of Output, Hours, and Consumption (pp. 1136-1159)
Stephanie Schmitt-Grohe
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Does Schooling Cause Growth? (pp. 1160-1183)
Mark Bils and
Peter J. Klenow
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Schooling, Labor-Force Quality, and the Growth of Nations (pp. 1184-1208)
Eric A. Hanushek and
Dennis D. Kimko
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Does Competition among Public Schools Benefit Students and Taxpayers? (pp. 1209-1238)
Caroline M. Hoxby
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'Globalization' and Vertical Structure (pp. 1239-1254)
John McLaren
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Diversity and Trade (pp. 1255-1275)
Gene M. Grossman and
Giovanni Maggi
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Economic Integration and Political Disintegration (pp. 1276-1296)
Alberto Alesina,
Enrico Spolaore and
Romain Wacziarg
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The Determinants of Equilibrium Unemployment (pp. 1297-1322)
Eran Yashiv
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Aggregate Employment Fluctuations with Microeconomic Asymmetries (pp. 1323-1345)
Jeffrey R. Campbell and
Jonas D. M. Fisher
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Performance Pay and Productivity (pp. 1346-1361)
Edward P. Lazear
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Shorter Papers
Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania: Comment (pp. 1362-1396)
David Neumark and
William Wascher
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Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania: Reply (pp. 1397-1420)
David Card and
Alan B. Krueger
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Central-Bank Credibility: Why Do We Care? How Do We Build It? (pp. 1421-1431)
Alan S. Blinder
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Nominal Wage Rigidity and Industry Characteristics in the Downturns of 1893, 1929, and 1981 (pp. 1432-1446)
Christopher Hanes
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Money, Sticky Wages, and the Great Depression (pp. 1447-1463)
Michael D. Bordo,
Christopher J. Erceg and
Charles L. Evans
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Output Fluctuations in the United States: What Has Changed since the Early 1980's? (pp. 1464-1476)
Margaret M. McConnell and
Gabriel Perez-Quiros
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Social Interactions and the Institutions of Local Government (pp. 1477-1490)
Robert W. Helsley and
William C. Strange
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Social Limits to Redistribution (pp. 1491-1507)
Giacomo Corneo and
Hans Peter Gruner
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Tax Competition When Governments Lack Commitment: Excess Capacity as a Countervailing Threat (pp. 1508-1519)
Eckhard Janeba
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Selective versus Universal Vouchers: Modelling Median Voter Preferences in Education (pp. 1520-1534)
Zhiqi Chen and
Edwin G. West
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Erratum: A Reconsideration of the Twentieth Century (page 1535)
R. A. Mundell
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