The paper examines the desirability of exchange rate management in a commodity-exporting country, in which the terms of trade are driven by the world commodity price cycle. When the authorities are assumed to pursue an inflation objective, the usefulness of managing the rate depends on the...

This article investigates the assimilation role of intermarriage between immigrants and natives. Intermarried immigrants earn significantly higher incomes than endogamously married immigrants, even after we take account of human capital endowments and endogeneity of intermarriage. The premium...

This chapter reviews recent developments in research on public sector labor markets. Public sector labor markets have two important characteristics which account for the interest in their operation. First, public sector labor markets are large -- in most developed countries the public sector...

This chapter reviews recent developments in research on public sector labor markets. Public sector labor markets have two important characteristics which account for the interest in their operation. First, public sector labor markets are large — in most developed countries the public sector...

The paper examines the desirability of exchange rate management in a commodity-exporting country, in which the terms of trade are driven by the world commodity price cycle. When the authorities are assumed to pursue an inflation objective, the usefulness of managing the rate depends on the...