Over the course of the past decade, significant steps have been taken to empirically link indicators of resource scarcity to changes in economic growth. This paper extends this previous literature in two ways. First, rather than concentrating exclusively on energy, we focus on the technological...

This study uses a sample of 34 disinflations undertaken by thirteen Latin American and Caribbean (LAC) nations to test if political institutions impact the cost of policy induced disinflations. We find, after controlling for several of the most important covariates in the literature, that...

This study uses a sample of 34 disinflations undertaken by thirteen Latin American and Caribbean (LAC) nations to test if political institutions impact the cost of policy induced disinflations. We find, after controlling for several of the most important covariates in the literature, that...

<Para ID="Par1">Empirically estimating managerial performance is often quite challenging. Without accurate measurement of managerial output or value added it is difficult to usefully analyze the labor market for managers. This paper uses shot selection between two-point and three-point shots to develop a...</para>

We estimate a time series model of voter turnout for 34 US presidential elections, 1880--2012. Employing a variety of econometric techniques, our major results are as follows. (1) A negative and significant structural shift in voter turnout occurs in 1972 and is too large to be explained by the...

This study investigates, using annual data from 1974--2004, whether unionization rates, trade openness and central bank independence can help explain cross-national and inter-temporal variations in level of peak inflation prior to a disinflationary policy adjustment. I find that unionization is...

Inflation stationarity has important theoretical and policy implications, yet most of the literature has focused on low inflation countries. This article investigates inflation stationarity in Brazil, Argentina, Chile, Mexico and Bolivia during a hyperinflationary period from 1980 to 2004. We...