I. Introduction In a recent issue of this Journal , G. Briscoe and D.A. Peel present novel estimates of the relationship between aggregate excess labor demand and the rate of change of nominal wages. While I agree with their view that in explaining wage changes a more direct measure of excess...

This paper reconsiders an approach to inter-area house price index construction applied by Harvey Rosen in a recent article in Urban Studies. Rosen's cost function-based approach is shown to rely upon certain implicit assumptions regarding consumer preferences and housing production technology....

Effective and efficient energy conservation policy requires accurate and comprehensive estimates of residential energy demand parameters. These parameter estimates are among the most important inputs into informed policy decisions. In turn, accurate estimation of energy demand parameters...