Front Matter

(pp. i-vi)

Does Exchange-Rate Stability Increase Trade and Welfare?

Philippe Bacchetta and Eric van Wincoop

(pp. 1093-1109)

Market Contagion: Evidence from the Panics of 1854 and 1857

Morgan Kelly and Cormac O Grada

(pp. 1110-1124)

Monetary Aggregates and Output

Scott Freeman and Finn E. Kydland

(pp. 1125-1135)

Endogenous Business Cycles and the Dynamics of Output, Hours, and Consumption

Stephanie Schmitt-Grohe

(pp. 1136-1159)

Does Schooling Cause Growth?

Mark Bils and Peter J. Klenow

(pp. 1160-1183)

Schooling, Labor-Force Quality, and the Growth of Nations

Eric A. Hanushek and Dennis D. Kimko

(pp. 1184-1208)

Does Competition among Public Schools Benefit Students and Taxpayers?

Caroline M. Hoxby

(pp. 1209-1238)

"Globalization" and Vertical Structure

John McLaren

(pp. 1239-1254)

Diversity and Trade

Gene M. Grossman and Giovanni Maggi

(pp. 1255-1275)

Economic Integration and Political Disintegration

Alberto Alesina, Enrico Spolaore and Romain Wacziarg

(pp. 1276-1296)

The Determinants of Equilibrium Unemployment

Eran Yashiv

(pp. 1297-1322)

Aggregate Employment Fluctuations with Microeconomic Asymmetries

Jeffrey R. Campbell and Jonas D. M. Fisher

(pp. 1323-1345)

Performance Pay and Productivity

Edward P. Lazear

(pp. 1346-1361)

SHORTER PAPERS

Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania: Comment

David Neumark and William Wascher

(pp. 1362-1396)

SHORTER PAPERS

Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania: Reply

David Card and Alan B. Krueger

(pp. 1397-1420)

SHORTER PAPERS

Central-Bank Credibility: Why Do We Care? How Do We Build It?

Alan S. Blinder

(pp. 1421-1431)

SHORTER PAPERS

Nominal Wage Rigidity and Industry Characteristics in the Downturns of 1893, 1929, and 1981

Christopher Hanes

(pp. 1432-1446)

SHORTER PAPERS

Money, Sticky Wages, and the Great Depression

Michael D. Bordo, Christopher J. Erceg and Charles L. Evans

(pp. 1447-1463)

SHORTER PAPERS

Output Fluctuations in the United States: What Has Changed since the Early 1980's?

Margaret M. McConnell and Gabriel Perez-Quiros

(pp. 1464-1476)

SHORTER PAPERS

Social Interactions and the Institutions of Local Government

Robert W. Helsley and William C. Strange

(pp. 1477-1490)

SHORTER PAPERS

Social Limits to Redistribution

Giacomo Corneo and Hans Peter Gruner

(pp. 1491-1507)

SHORTER PAPERS

Tax Competition When Governments Lack Commitment: Excess Capacity as a Countervailing Threat

Eckhard Janeba

(pp. 1508-1519)

SHORTER PAPERS

Selective versus Universal Vouchers: Modelling Median Voter Preferences in Education

Zhiqi Chen and Edwin G. West

(pp. 1520-1534)

SHORTER PAPERS

American Economic Review

Vol. 90 No. 5 December 2000

Find articles in this issue

Front Matter

(pp. i-vi)

Does Exchange-Rate Stability Increase Trade and Welfare?

Philippe Bacchetta and Eric van Wincoop

(pp. 1093-1109)

Market Contagion: Evidence from the Panics of 1854 and 1857

Morgan Kelly and Cormac O Grada

(pp. 1110-1124)

Monetary Aggregates and Output

Scott Freeman and Finn E. Kydland

(pp. 1125-1135)

Endogenous Business Cycles and the Dynamics of Output, Hours, and Consumption

Stephanie Schmitt-Grohe

(pp. 1136-1159)

Does Schooling Cause Growth?

Mark Bils and Peter J. Klenow

(pp. 1160-1183)

Schooling, Labor-Force Quality, and the Growth of Nations

Eric A. Hanushek and Dennis D. Kimko

(pp. 1184-1208)

Does Competition among Public Schools Benefit Students and Taxpayers?

Caroline M. Hoxby

(pp. 1209-1238)

"Globalization" and Vertical Structure

John McLaren

(pp. 1239-1254)

Diversity and Trade

Gene M. Grossman and Giovanni Maggi

(pp. 1255-1275)

Economic Integration and Political Disintegration

Alberto Alesina, Enrico Spolaore and Romain Wacziarg

(pp. 1276-1296)

The Determinants of Equilibrium Unemployment

Eran Yashiv

(pp. 1297-1322)

Aggregate Employment Fluctuations with Microeconomic Asymmetries

Jeffrey R. Campbell and Jonas D. M. Fisher

(pp. 1323-1345)

Performance Pay and Productivity

Edward P. Lazear

(pp. 1346-1361)

Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania: Comment

David Neumark and William Wascher

(pp. 1362-1396)

Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania: Reply

David Card and Alan B. Krueger

(pp. 1397-1420)

Central-Bank Credibility: Why Do We Care? How Do We Build It?

Alan S. Blinder

(pp. 1421-1431)

Nominal Wage Rigidity and Industry Characteristics in the Downturns of 1893, 1929, and 1981

Christopher Hanes

(pp. 1432-1446)

Money, Sticky Wages, and the Great Depression

Michael D. Bordo, Christopher J. Erceg and Charles L. Evans

(pp. 1447-1463)

Output Fluctuations in the United States: What Has Changed since the Early 1980's?

Margaret M. McConnell and Gabriel Perez-Quiros

(pp. 1464-1476)

Social Interactions and the Institutions of Local Government

Robert W. Helsley and William C. Strange

(pp. 1477-1490)

Social Limits to Redistribution

Giacomo Corneo and Hans Peter Gruner

(pp. 1491-1507)

Tax Competition When Governments Lack Commitment: Excess Capacity as a Countervailing Threat

Eckhard Janeba

(pp. 1508-1519)

Selective versus Universal Vouchers: Modelling Median Voter Preferences in Education

Zhiqi Chen and Edwin G. West

(pp. 1520-1534)

Erratum: A Reconsideration of the Twentieth Century

R. A. Mundell

(p. 1535)

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American Economic Review

Vol. 90 No. 5 December 2000

Find articles in this issue

Front Matter (pp. i-vi)

Does Exchange-Rate Stability Increase Trade and Welfare? Philippe Bacchetta and Eric van Wincoop (pp. 1093-1109)

Market Contagion: Evidence from the Panics of 1854 and 1857 Morgan Kelly and Cormac O Grada (pp. 1110-1124)

Monetary Aggregates and Output Scott Freeman and Finn E. Kydland (pp. 1125-1135)

Endogenous Business Cycles and the Dynamics of Output, Hours, and Consumption Stephanie Schmitt-Grohe (pp. 1136-1159)

Does Schooling Cause Growth? Mark Bils and Peter J. Klenow (pp. 1160-1183)

Schooling, Labor-Force Quality, and the Growth of Nations Eric A. Hanushek and Dennis D. Kimko (pp. 1184-1208)

Does Competition among Public Schools Benefit Students and Taxpayers? Caroline M. Hoxby (pp. 1209-1238)

"Globalization" and Vertical Structure John McLaren (pp. 1239-1254)

Diversity and Trade Gene M. Grossman and Giovanni Maggi (pp. 1255-1275)

Economic Integration and Political Disintegration Alberto Alesina, Enrico Spolaore and Romain Wacziarg (pp. 1276-1296)

The Determinants of Equilibrium Unemployment Eran Yashiv (pp. 1297-1322)

Aggregate Employment Fluctuations with Microeconomic Asymmetries Jeffrey R. Campbell and Jonas D. M. Fisher (pp. 1323-1345)

Performance Pay and Productivity Edward P. Lazear (pp. 1346-1361)

Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania: Comment David Neumark and William Wascher (pp. 1362-1396)

Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania: Reply David Card and Alan B. Krueger (pp. 1397-1420)

Central-Bank Credibility: Why Do We Care? How Do We Build It? Alan S. Blinder (pp. 1421-1431)

Nominal Wage Rigidity and Industry Characteristics in the Downturns of 1893, 1929, and 1981 Christopher Hanes (pp. 1432-1446)

Money, Sticky Wages, and the Great Depression Michael D. Bordo, Christopher J. Erceg and Charles L. Evans (pp. 1447-1463)

Output Fluctuations in the United States: What Has Changed since the Early 1980's? Margaret M. McConnell and Gabriel Perez-Quiros (pp. 1464-1476)

Social Interactions and the Institutions of Local Government Robert W. Helsley and William C. Strange (pp. 1477-1490)

Social Limits to Redistribution Giacomo Corneo and Hans Peter Gruner (pp. 1491-1507)

Tax Competition When Governments Lack Commitment: Excess Capacity as a Countervailing Threat Eckhard Janeba (pp. 1508-1519)

Selective versus Universal Vouchers: Modelling Median Voter Preferences in Education Zhiqi Chen and Edwin G. West (pp. 1520-1534)

Erratum: A Reconsideration of the Twentieth Century R. A. Mundell (p. 1535)

Front Matter

(pp. i-vi)

Does Exchange-Rate Stability Increase Trade and Welfare?

Philippe Bacchetta and Eric van Wincoop

(pp. 1093-1109)

Market Contagion: Evidence from the Panics of 1854 and 1857

Morgan Kelly and Cormac O Grada

(pp. 1110-1124)

Monetary Aggregates and Output

Scott Freeman and Finn E. Kydland

(pp. 1125-1135)

Endogenous Business Cycles and the Dynamics of Output, Hours, and Consumption

Stephanie Schmitt-Grohe

(pp. 1136-1159)

Does Schooling Cause Growth?

Mark Bils and Peter J. Klenow

(pp. 1160-1183)

Schooling, Labor-Force Quality, and the Growth of Nations

Eric A. Hanushek and Dennis D. Kimko

(pp. 1184-1208)

Does Competition among Public Schools Benefit Students and Taxpayers?

Caroline M. Hoxby

(pp. 1209-1238)

"Globalization" and Vertical Structure

John McLaren

(pp. 1239-1254)

Diversity and Trade

Gene M. Grossman and Giovanni Maggi

(pp. 1255-1275)

Economic Integration and Political Disintegration

Alberto Alesina, Enrico Spolaore and Romain Wacziarg

(pp. 1276-1296)

The Determinants of Equilibrium Unemployment

Eran Yashiv

(pp. 1297-1322)

Aggregate Employment Fluctuations with Microeconomic Asymmetries

Jeffrey R. Campbell and Jonas D. M. Fisher

(pp. 1323-1345)

Performance Pay and Productivity

Edward P. Lazear

(pp. 1346-1361)

Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania: Comment

David Neumark and William Wascher

(pp. 1362-1396)

Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania: Reply

David Card and Alan B. Krueger

(pp. 1397-1420)

Central-Bank Credibility: Why Do We Care? How Do We Build It?

Alan S. Blinder

(pp. 1421-1431)

Nominal Wage Rigidity and Industry Characteristics in the Downturns of 1893, 1929, and 1981

Christopher Hanes

(pp. 1432-1446)

Money, Sticky Wages, and the Great Depression

Michael D. Bordo, Christopher J. Erceg and Charles L. Evans

(pp. 1447-1463)

Output Fluctuations in the United States: What Has Changed since the Early 1980's?

Margaret M. McConnell and Gabriel Perez-Quiros

(pp. 1464-1476)

Social Interactions and the Institutions of Local Government

Robert W. Helsley and William C. Strange

(pp. 1477-1490)

Social Limits to Redistribution

Giacomo Corneo and Hans Peter Gruner

(pp. 1491-1507)

Tax Competition When Governments Lack Commitment: Excess Capacity as a Countervailing Threat

Eckhard Janeba

(pp. 1508-1519)

Selective versus Universal Vouchers: Modelling Median Voter Preferences in Education

Zhiqi Chen and Edwin G. West

(pp. 1520-1534)

Erratum: A Reconsideration of the Twentieth Century

R. A. Mundell

(p. 1535)