By constructing component indices for Canadian prices that are judged by a panel of experts to be either freely-determined or regulated, the authors are able to show that regulated prices respond less systematically and less quickly to changes in the money supply. They also show that...

This paper explores the implications of setting a minimum ratification level on an international agreement to tackle the greenhouse effect. Several aspects of the ratification level are considered, including the threshold number of signatories required to affect agreement, the potential number...