Abstract
Volume 44 (1997) comprises four issues, as follows:
Volume 44 Index
Volume 44 (1997) comprises four issues, as follows:
March, pages 1–103
June, pages 149–294
September, pages 295–356
December, pages 405–600
Authors
Alesina, Alberto, and Roberto Perotti. Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects 210
Bayoumi, Tamim. Explaining Consumption: A Simple Test of Alternative Hypotheses 462
Bayoumi, Tamim, and Michael W. Klein. A Provincial View of Economic Integration 534
Bayoumi, Tamim, and Eswar Prasad. Currency Unions, Economic Fluctuations, and Adjustment: Some New Empirical Evidence 36
Billings, Robert, Brenda González-Hermosillo, and Ceyla Pazarbaşioğlu. Determinants of Banking System Fragility: A Case Study of Mexico 295
Chadha, Bankim, and Eswar Prasad. Real Exchange Rate Fluctuations and the Business Cycle: Evidence from Japan 328
Coe, David T., and C. John McDermott. Does the Gap Model Work in Asia? 59
Coe, David T., and Dennis J. Snower. Policy Complementarities: The Case for Fundamental Labor Market Reform 1
Debelle, Guy, and Douglas Laxton. Is the Phillips Curve Really a Curve? Some Evidence for Canada, the United Kingdom, and the United States 249
Faruqee, Hamid, Douglas Laxton, and Steven Symansky. Government Debt, Life-Cycle Income, and Liquidity Constraints: Beyond Approximate Ricardian Equivalence 374
Flood, Robert P., and Nancy P, Marion. Policy Implications of “Second-Generation” Crisis Models 383
Garibaldi, Pietro. The Asymmetric Effects of Monetary Policy on Job Creation and Destruction 557
González-Hermosillo, Brenda, Ceyla PazarbaŞioğlu, and Robert Billings. Determinants of Banking System Fragility: A Case Study of Mexico 295
Gropp, Reint E. The Effect of Expected Effective Corporate Tax Rates on Incremental Financing Decisions 485
Halpem, László, and Charles Wyplosz. Equilibrium Exchange Rates in Transition Economics 430
Hardy, Daniel C. Market Information and Signaling in Central Bank Operations, or, How Often Should a Central Bank Intervene? 510
Hernández-Catá, Ernesto. Liberalization and the Behavior of Output During the Transition from Plan to Market 405
Holzman, Robert. Pension Reform. Financial Market Development, and Economic Growth: Preliminary Evidence from Chile 149
Hu, Zuliu F., and Mohsin S. Khan. Why Is China Growing So Fast? 103
Khan, Mohsin S., and Zuliu F. Hu. Why Is China Growing So Fast? 103
Klein, Michael W., and Tannini Bayoumi. A Provincial View of Economic Integration 534
Laxton, Douglas, and Guy Debelle. Is the Phillips Curve Really a Curve? Some Evidence for Canada, the United Kingdom, and the United States 249
Laxton, Douglas, Hamid Faruqee, and Steven Symansky. Government Debt, Life-Cycle Income, and Liquidity Constraints: Beyond Approximate Ricardian Equivalence 374
Leidy, Michael P. Macroeconomic Conditions and Pressures for Protection Under Antidumping and Countervailing Duty Laws: Empirical Evidence from the United States 132
Marion, Nancy P., and Robert P. Flood. Policy Implications of “Second-Generation” Crisis Models 383
McDermott, C. John, and David T. Coe. Does the Gap Model Work in Asia? 59
PazarbaŞioğlu, Ceyla. A Credit Crunch? Finland in the Aftermath of the Banking Crisis 315
Pazarbaşioğlu, Ceyla, Brenda González-Hermosillo, and Robert Billings. Determinants of Banking System Fragility: A Case Study of Mexico 295
Perotti, Roberto, and Alberto Alesina. Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects 210
Prasad, Eswar, and Tamim Bayoumi. Currency Unions, Economic Fluctuations, and Adjustment: Some New Empirical Evidence 36
Prasad, Eswar, and Bankim Chadha. Real Exchange Rate Fluctuations and the Business Cycle: Evidence from Japan 328
Sala-i-Martin, Xavier. Transfers, Social Safety Nets, and Economic Growth 81
Snower, Dennis J., and David T. Coe. Policy Complementarities: The Case for Fundamental Labor Market Reform 1
Symansky, Steven, Douglas Laxton, and Hamid Faruqee. Government Debt, Life-Cycle Income, and Liquidity Constraints: Beyond Approximate Ricardian Equivalence 374
Tanzi, Vito, and Howell H. Zee. Fiscal Policy and Long-Run Growth 179
Vanhoudt, Patrick. Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in the OECD Countries? 356
Wyplosz, Charles, and László Halpern. Equilibrium Exchange Rates in Transition Economies 430
Zee, Howell H., and Vito Tanzi. Fiscal Policy and Long-Run Growth 179
Titles
The Asymmetric Effects of Monetary Policy on Job Creation and Destruction. By Pietro Garibaldi 557
A Credit Crunch? Finland in the Aftermath of the Banking Crisis. By Ceyla Pazarbaşioğlu 315
Currency Unions, Economic Fluctuations, and Adjustment: Some New Empirical Evidence. By Tamim Bayoumi and Eswar Prasad 36
Determinants of Banking System Fragility: A Case Study of Mexico. By Brenda González-Hermosillo, Ceyla Pazarbaşioğlu, and Robert Billings 295
Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in the OECD Countries? By Patrick Vanhoudt 356
Does the Gap Model Work in Asia? By David T. Coe and C. John McDermott 59
The Effect of Expected Effective Corporate Tax Rates on Incremental Financing Decisions. By Reint E. Gropp 485
Equilibrium Exchange Rates in Transition Economies. By László Halpern and Charles Wyplosz 430
Explaining Consumption: A Simple Test of Alternative Hypotheses. By Tamim Bayoumi 462
Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects. By Alberto Alesina and Roberto Perotti 210
Fiscal Policy and Long-Run Growth. By Vito Tanzi and Howell H. Zee 179
Government Debt, Life-Cycle Income, and Liquidity Constraints: Beyond Approximate Ricardian Equivalence. By Hamid Faruqee, Douglas Laxton, and Steven Symansky 374
Is the Phillips Curve Really a Curve? Some Evidence for Canada, the United Kingdom, and the United Slates. By Guy Debelle and Douglas Laxton 249
Liberalization and the Behavior of Output During the Transition from Plan to Market. By Ernesto Hernández-Catá 405
Macroeconomic Conditions and Pressures for Protection Under Antidumping and Countervailing Duty Laws: Empirical Evidence from the United States. By Michael P. Leidy 132
Market Information and Signaling in Central Bank Operations, or, How Often Should a Central Bank Intervene? By Daniel C. Hardy 510
Pension Reform, Financial Market Development, and Economic Growth: Preliminary Evidence from Chile. By Robert Holzman 149
Policy Complementarities: The Case for Fundamental Labor Market Reform. By David T. Coe and Dennis J. Snower 1
Policy Implications of “Second-Generation” Crisis Models. By Robert P. Flood and Nancy P. Marion 383
A Provincial View of Economic Integration. By Tamim Bayoumi and Michael W. Klein 534
Real Exchange Rate Fluctuations and the Business Cycle: Evidence from Japan. By Bankim Chadha and Eswar Prasad 328
Transfers, Social Safety Nets, and Economic Growth. By Xavier Sala-i-Martin 81
Why is China Growing So Fast? By Zuliu F. Hu and Mohsin S. Khan 103
Subjects
To facilitate electronic storage and retrieval of bibliographic data, Staff Papers has adopted the subject classification scheme of the Journal of Economic Literature (Nashville, Tennessee).
C Mathematical and Quantitative Methods
C41 Duration Analysis
Determinants of Banking System Fragility: A Case Study of Mexico. By Brenda González-Hermosillo, Ceyla Pazarbaşioğlu, and Robert Billings 295
C51 Model Construction and Estimation
Is the Phillips Curve Really a Curve? Some Evidence for Canada, the United Kingdom, and the United Stales. By Guy Debelle and Douglas Laxton 249
D Microeconomics
D12 Consumer Economics: Empirical Analysis
Explaining Consumption: A Simple Test of Alternative Hypotheses. By Tamim Bayoumi 462
D31 Personal Income and Wealth Distribution
Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in the OECD Countries? By Patrick Vanhoudt 356
E Macroeconomics and Monetary Economics
E20 Consumption, Saving, Production, Employment, and Investment— General
Government Debt, Life-Cycle Income, and Liquidity Constraints: Beyond Approximate Ricardian Equivalence. By Hamid Faruqee, Douglas Laxton, and Steven Symansky 374
E21 Consumption; Saving
Explaining Consumption: A Simple Test of Alternative Hypotheses. By Tamim Bayoumi 462
Government Debt, Life-Cycle Income, and Liquidity Constraints: Beyond Approximate Ricardian Equivalence. By Hamid Faruqee, Douglas Laxton, and Steven Symansky 374
E23 Production
Liberalization and the Behavior of Output During the Transition from Plan to Market. By Ernesto Hernández-Catá 405
E24 Employment; Unemployment; Wages
Policy Complementarities: The Case for Fundamental Labor Market Reform. By David T. Coe and Dennis J. Snower 1
E27 Forecasting and Simulation
Government Debt, Life-Cycle Income, and Liquidity Constraints: Beyond Approximate Ricardian Equivalence. By Hamid Faruqee, Douglas Laxton, and Steven Symansky 374
E31 Price Level; Inflation; Deflation
Does the Gap Model Work in Asia? By David T. Coe and C. John McDermotl 59
Is the Phillips Curve Really a Curve? Some Evidence for Canada, the United Kingdom, and the United States. By Guy Debelle and Douglas Laxton 249
E32 Business Fluctuations; Cycles
Currency Unions, Economic Fluctuations, and Adjustment: Some New Empirical Evidence By Tamim Bayoumi and Eswar Prasad 36
Real Exchange Rate Fluctuations and the Business Cycle: Evidence from Japan. By Bankim Chadha and Eswar Prasad 328
E42 Monetary Standards and Regimes; Government and the Monetary System
Flood, Robert P., and Nancy P. Marion. Policy Implications of “Second-Generation” Crisis Models 383
E44 Financial Markets and the Macroeconomy
A Credit Crunch? Finland in the Aftermath of the Banking Crisis. By Ceyla Pazarbaşioğlu 315
Determinants of Banking System Fragility: A Case Study of Mexico. By Brenda González-Hermosillo, Ceyla Pazarbaşioğlu, and Robert Billings 295
E52 Monetary Policy (Targets, Instruments, and Effects)
Equilibrium Exchange Rates in Transition Economies. By László Halpcm and Charles Wyplosz 430
Is the Phillips Curve Really a Curve? Some Evidence for Canada, the United Kingdom, and the United States. By Guy Debelle and Douglas Laxton 249
Market Information and Signaling in Central Bank Operations, or, How Often Should a Central Bank Intervene? By Daniel C. Hardy 510
E60 Macroeconomic Aspects of Public Finance, Macroeconomic Policy, and General Outlook-General
Fiscal Policy and Long-Run Growth. By Vito Tanzi and Howell H. Zee 179
E62 Fiscal Policy: Public Expenditures, Investment, and Finance;Taxation
Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in the OECD Countries? By Patrick Vanhoudt 356
Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects. By Alberto Alesina and Roberto Peroni 210
Government Debt, Life-Cycle Income, and Liquidity Constraints: Beyond Approximate Ricardian Equivalence. By Hamid Faruqee, Douglas Laxlon, and Steven Symansky 374
F International Economics
F1 Trade
Macroeconomic Conditions and Pressures for Protection Under Antidumping and Countervailing Duty Laws: Empirical Evidence from the United Slates. By Michael P. Leidy 132
F15 Economic Integration
A Provincial View of Economic Integration. By Tamim Bayoumi and Michael W. Klein 534
F31 Foreign Exchange
Equilibrium Exchange Rates in Transition Economies. By László Halpem and Charles Wyplosz 430
Policy Implications of “Second-Generation” Crisis Models. By Robert P. Flood and Nancy P. Marion 383
The Asymmetric Effects of Monetary Policy on Job Creation and Destruction. By Pietro Garibaldi 557
F33 International Monetary Arrangements and Institutions
Currency Unions, Economic Fluctuations, and Adjustment: Some New Empirical Evidence. By Tamim Bayoumi and Eswar Prasad 36
F36 Financial Aspects of Economic Integration
A Provincial View of Economic Integration. By Tamim Bayoumi and Michael W. Klein 534
F4 Macroeconomic Aspects of International Trade and Finance
Macroeconomic Conditions and Pressures for Protection Under Antidumping and Countervailing Duty Laws: Empirical Evidence from the United States. By Michael P. Leidy 132
F41 Open Economy Macroeconomics
Equilibrium Exchange Rates in Transition Economies. By László Halpem and Charles Wyplosz 430
Real Exchange Rate Fluctuations and the Business Cycle: Evidence from Japan. By Bankim Chadha and Eswar Prasad 328
The Asymmetric Effects of Monetary Policy on Job Creation and Destruction. By Pietro Garibaldi 557
G Financial Economics
G14 Information and Market Efficiency; Event Studies
Market Information and Signaling in Central Bank Operations, or, How Often Should a Central Bank Intervene? By Daniel C. Hardy 510
G21 Banks; Other Depository Institutions; Mortgages
A Credit Crunch? Finland in the Aftermath of the Banking Crisis. By Ceyla Pazarbaşioğlu 315
Determinants of Banking System Fragility; A Case Study of Mexico. By Brenda González-Hermosillo, Ceyla Pazarbasioglu, and Robert Billings 295
G23 Pension Funds; Other Private Financial Institutions
Pension Reform, Financial Market Development, and Economic Growth: Preliminary Evidence from Chile. By Robert Holzman 149
G28 Government Policy and Regulation
A Credit Crunch? Finland in the Aftermath of the Banking Crisis. By Ceyla Pazarbaşioğlu 315
G32 Financing Policy; Capital and Ownership Structure
The Effect of Expected Effective Corporate Tax Rates on Incremental Financing Decisions. By Reint E. Gropp 485
H Public Economics
H00 General
Fiscal Policy and Long-Run Growth. By Vito Tanzi and Howell H. Zee 179
H1 Structure and Scope of Government
Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects. By Alberto Alesina and Roberto Perotti 210
H25 Business Taxes
The Effect of Expected Effective Corporate Tax Rates on Incremental Financing Decisions. By Reint E. Gropp 485
H31 Fiscal Policies and Behavior of Economic Agents—Household
Government Debt, Life-Cycle Income, and Liquidity Constraints: Beyond Approximate Ricardian Equivalence. By Hamid Faruqee, Douglas Laxton, and Steven Symansky 374
H32 Fiscal Policies and Behavior of Economic Agents—Firm
The Effect of Expected Effective Corporate Tax Rates on Incremental Financing Decisions. By Reint E. Gropp 485
H5 National Government Expenditures and Related Policies
Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects. By Alberto Alesina and Roberto Perotti 210
H5 National Government Expenditures and Related Policies
Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects. By Alberto Alesina and Roberto Perotti 210
H53 Government Expenditures and Welfare Programs
Transfers, Social Safety Nets, and Economic Growth. By Xavier Sala-i-Martin 81
H55 Social Security and Public Pensions
Transfers. Social Safety Nets, and Economic Growth. By Xavier Sala-i-Martin 81
H56 National Security and War
Transfers, Social Safety Nets, and Economic Growth. By Xavier Sala-i-Martin 81
J Labor and Demographic Economics
J6 Mobility, Unemployment, and Vacancies
Policy Complementarities: The Case for Fundamental Labor Market Reform. By David T, Coe and Dennis J. Snower 1
J61 Geographic Labor Mobility; Immigrant Workers
Currency Unions, Economic Fluctuations, and Adjustment: Some New Empirical Evidence. By Tamim Bayoumi and Eswar Prasad 36
O Economic Development, Technological Change, and Growth
O00 General
Fiscal Policy and Long-Run Growth. By Vito Tanzi and Howell H. Zee 179
O15 Human Resources: Income Distribution; Migration
Transfers, Social Safety Nets, and Economic Growth. By Xavier Sala-i-Martin 81
O16 Financial Markets; Saving and Capital Investment
Pension Reform, Financial Market Development, and Economic Growth: Preliminary Evidence from Chile. By Robert Holzman 149
O4 Economic Growth and Aggregate Productivity
Why is China Growing So Fast? By Zuliu F, Hu and Mohsin S. Khan 103
O40 Economic Growth and Aggregate Productivity—General
Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in the OECD Countries? By Patrick Vanhoudt 356
Transfers, Social Safety Nets, and Economic Growth. By Xavier Sala-i-Martin 81
O46 Monetary Growth Models
Pension Reform, Financial Market Development, and Economic Growth: Preliminary Evidence from Chile. By Robert Holzman 149
O5 Economywide Country Studies
Why is China Growing So Fast? By Zuliu F. Hu and Mohsin S. Khan 103
O53 Economywide Country Studies—Asia including Middle East
Does the Gap Model Work in Asia? By David T. Coe and C. John McDermott 59
O54 Economywide Country Studies—Latin America; Caribbean
Pension Reform, Financial Market Development, and Economic Growth: Preliminary Evidence from Chile. By Robert Holzman 149
P Economic Systems
P21 Socialist Systems—Planning, Coordination, and Reform
Liberalization and the Behavior of Output During the Transition from Plan to Market. By Ernesto Hernández-Catá 405
P27 Socialist Systems—Performance and Prospects
Liberalization and the Behavior of Output During the Transition from Plan to Market. By Ernesto Hcrnándcz-Catá 405
P52 Comparative Studies of Particular Economies
Equilibrium Exchange Rales in Transition Economics. By László Halpern and Charles Wyplosz 430
Liberalization and the Behavior of Output During the Transition from Plan to Market. By Ernesto Hernández-Catá 405
R Urban, Rural, and Regional Economics
R13 General Equilibrium and Welfare Economic Analysis of Regional Economies
A Provincial View of Economic Integration. By Tamim Bayoumi and Michael W. Klein 534
In statistical matter throughout this issue,
dots (…) indicate that data are not available;
a dash (—) indicates that the figure is zero or less than half the final digit shown, or that the item does not exist;
a single dot (.) indicates decimals;
a comma (,) separates thousands and millions;
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a colon (:) is used between a year and the number indicating a quarter within that year (for example, 1994:1);
components of tables may not add to totals shown because of rounding.