We use US county level data (3,058 observations) from 1970 to 1998 to explore the relationship between economic growth and the extent of government employment at three levels: Federal, state and local. We find that increases in federal, state and local government employments are all negatively...

Using weekly retail transaction scanner price data from a large U.S. supermarket chain, we find significantly higher retail price rigidity for private label products than for nationally branded products during the Christmas and Thanksgiving holiday periods relative to the rest of the year. The...

We report that the price of a 6.5 ounce Coke was 5 cents from 1886 until 1959. Thus, we are documenting a nominal price rigidity that lasted more than 70 years! The case of Coca-Cola is particularly interesting because during the 70-year period there were substantial changes in the soft drink...

"Myth, Reality, and Reform: Higher Education Policy in Latin America" analyzes Latin American higher education in terms of four major functions: academic leadership, professional development, technological training and development, and general higher education. Overall, the authors make the case...

This IDB book includes presentations from the international policy dialogue seminar entitled "New Options for Higher Education in Latin America: Lessons from the Community College Experience." The seminar was sponsored by the Inter-American Development Bank and the Harvard University Graduate...

"Myth, Reality, and Reform: Higher Education Policy in Latin America" analyzes Latin American higher education in terms of four major functions: academic leadership, professional development, technological training and development, and general higher education. Overall, the authors make the case...