The motor vehicle industry has undergone important changes in recent years, including a shift in production from autos to light trucks and growth of vehicle leasing. This paper uses household-level data from the Federal Reserve's Survey of Consumer Finances to document changes in households'...

Socially responsible investment (SRI) refers to investing in companies based on financial and social performance, where the latter includes such concerns as the environment, sweatshop labor, and animal testing. This paper argues that SRI strongly resembles pro-social behaviors and social...

This paper shows how the concept of identity may figure importantly into shifts in preferences and patterns of consumption. We explore the 1970s emergence of the “working woman” - a woman who worked outside the home and regarded work as central to her identity. Women's magazines were...

The last quarter of the 20th century saw an increase in violent conflicts across the globe. With connections between growth, poverty and conflict increasingly difficult to ignore, research has begun examining economic dimensions of conflict. This paper reviews and critiques this new research,...

This paper examines the relationships between technology, capital spending, and capacity utilization. Recent technological changes have increased the flexibility of relationships between inputs and outputs in manufacturing, which may have eroded the predictive value of the utilization rate. This...

The U.S. recession of 2007–2009 saw unemployment rates for men rise by significantly more than those for women, resulting in the downturn’s characterization as a ‘mancession’. This paper uses data from the Census Bureau’s American Community Survey to reexamine gender-related dimensions...

Brand and generic drug manufacturers frequently settle patent litigation on terms that include a payment to the generic manufacturer along with a specified date at which the generic would enter the market. The Federal Trade Commission contends that these agreements extend the brand's market...