Using data from Germany, Japan, UK, and the U.S., we explore possible threshold cointegration in nominal short- and long-run interest rates with corresponding inflation rates. Traditional cointegration implies perfect mean reversion in real rates and hence confirms the Fisher hypothesis....

For a general audience, this paper offers details of a simple proposal for estimation of the population and housing in the year 2000 for the United States. Under CensusPlus, two surveys (mass enumeration and plus sample enumeration) are made of a universe with M blocks. The mass enumeration...

We propose a theory of skill mobility across cities. It predicts the well documented city size-wage premium: the wage distribution in large cities first-order stochastically dominates that in small cities. Yet, because this premium is reflected in higher house prices, this does not necessarily...