{"id":11267,"date":"2015-04-05T03:41:04","date_gmt":"2015-04-05T03:41:04","guid":{"rendered":"http:\/\/ec2-52-1-87-149.compute-1.amazonaws.com\/newSED\/?page_id=11267"},"modified":"2017-07-24T04:36:28","modified_gmt":"2017-07-24T04:36:28","slug":"volume-6-2003","status":"publish","type":"page","link":"https:\/\/david-alegre.com\/repo-sed\/volume-6-2003\/","title":{"rendered":"Volume 6 (2003)"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 hundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-overflow:visible;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last fusion-column-no-min-height\" style=\"--awb-bg-size:cover;--awb-margin-bottom:0px;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-title title fusion-title-1 fusion-title-text fusion-title-size-one\"><h1 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">Review of Economic Dynamics: Volume 6 (2003)<\/h1><span class=\"awb-title-spacer\"><\/span><div class=\"title-sep-container\"><div class=\"title-sep sep-single sep-solid\" style=\"border-color:#56705c;\"><\/div><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last fusion-column-no-min-height\" style=\"--awb-bg-size:cover;--awb-margin-bottom:0px;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-tabs fusion-tabs-1 classic nav-is-justified horizontal-tabs icon-position-left mobile-mode-accordion\" style=\"--awb-title-border-radius-top-left:0px;--awb-title-border-radius-top-right:0px;--awb-title-border-radius-bottom-right:0px;--awb-title-border-radius-bottom-left:0px;--awb-inactive-color:#ebeaea;--awb-background-color:#ffffff;--awb-border-color:#ebeaea;--awb-active-border-color:#007367;\"><div class=\"nav\"><ul class=\"nav-tabs nav-justified\" role=\"tablist\"><li class=\"active\" role=\"presentation\"><a class=\"tab-link\" data-toggle=\"tab\" role=\"tab\" aria-controls=\"tab-cab6c0013cca5fed903\" aria-selected=\"true\" id=\"fusion-tab-issue1\" href=\"#tab-cab6c0013cca5fed903\"><h4 class=\"fusion-tab-heading\">Issue 1<\/h4><\/a><\/li><li role=\"presentation\"><a class=\"tab-link\" data-toggle=\"tab\" role=\"tab\" aria-controls=\"tab-aee52ccce68c7622fb0\" aria-selected=\"false\" tabindex=\"-1\" id=\"fusion-tab-issue2\" href=\"#tab-aee52ccce68c7622fb0\"><h4 class=\"fusion-tab-heading\">Issue 2<\/h4><\/a><\/li><li role=\"presentation\"><a class=\"tab-link\" data-toggle=\"tab\" role=\"tab\" aria-controls=\"tab-372f9614588be4bfe33\" aria-selected=\"false\" tabindex=\"-1\" id=\"fusion-tab-issue3\" href=\"#tab-372f9614588be4bfe33\"><h4 class=\"fusion-tab-heading\">Issue 3<\/h4><\/a><\/li><li role=\"presentation\"><a class=\"tab-link\" data-toggle=\"tab\" role=\"tab\" aria-controls=\"tab-13ccdbc3afb1fd7f207\" aria-selected=\"false\" tabindex=\"-1\" id=\"fusion-tab-issue4\" href=\"#tab-13ccdbc3afb1fd7f207\"><h4 class=\"fusion-tab-heading\">Issue 4<\/h4><\/a><\/li><\/ul><\/div><div class=\"tab-content\"><div class=\"nav fusion-mobile-tab-nav\"><ul class=\"nav-tabs nav-justified\" role=\"tablist\"><li class=\"active\" role=\"presentation\"><a class=\"tab-link\" data-toggle=\"tab\" role=\"tab\" aria-controls=\"tab-cab6c0013cca5fed903\" aria-selected=\"true\" id=\"mobile-fusion-tab-issue1\" href=\"#tab-cab6c0013cca5fed903\"><h4 class=\"fusion-tab-heading\">Issue 1<\/h4><\/a><\/li><\/ul><\/div><div class=\"tab-pane fade fusion-clearfix in active\" role=\"tabpanel\" tabindex=\"0\" aria-labelledby=\"fusion-tab-issue1\" id=\"tab-cab6c0013cca5fed903\">\n<h3>Volume 6, Issue 1 (January 2003)<\/h3>\n<p><b><\/b><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i1p1-11.html\">When Are Comparative Dynamics Monotone?<\/a><\/b><br \/>\n<i>by<\/i> Mark Huggett<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i1p12-36.html\">Early Retirement<\/a><\/b><br \/>\n<i>by<\/i> J. Ignacio Conde-Ruiz &#038; Vincenzo Galasso<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i1p37-53.html\">Are Nash Tax Rates too Low or Too High? The Role of Endogenous Growth in Models with Public Goods<\/a><\/b><br \/>\n<i>by<\/i> George Economides &#038; Apostolis Philippopoulos<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i1p54-79.html\">A Discrete-Time Stochastic Model of Job Matching<\/a><\/b><br \/>\n<i>by<\/i> Anthony E. Smith &#038; Yves Zenou<br \/>\n<a href=\"http:\/\/ideas.repec.org\/p\/red\/append\/zenou02.html\">Online Appendix<\/a><\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i1p80-98.html\">Prediction Ability<\/a><\/b><br \/>\n<i>by<\/i> Katsuya Takii<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i1p99-119.html\">Modeling the Economics of Greenhouse Gas Abatement: An Overlapping Generations Perspective<\/a><\/b><br \/>\n<i>by<\/i> Tobias Rasmussen<br \/>\n<a href=\"http:\/\/ideas.repec.org\/c\/red\/ccodes\/rasmussen03.html\">Computational Appendix<\/a><\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i1p120-134.html\">Implementing the Friedman Rule<\/a><\/b><br \/>\n<i>by<\/i> Peter Ireland<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i1p135-155.html\">A Search Model of Marriage and Divorce<\/a><\/b><br \/>\n<i>by<\/i> Tracy J. Cornelius<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i1p156-178.html\">Wealth Effect on Labor Market Transitions<\/a><\/b><br \/>\n<i>by<\/i> Yann Algan &#038; Arnaud Cheron &#038; Jean-Olivier Hairault &#038; Francois Langot<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i1p179-206.html\">Implementing the 35 Hour Workweek by Means of Overtime Taxation<\/a><\/b><br \/>\n<i>by<\/i> Victoria Osuna &#038; Jose-Victor Rios-Rull<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i1p207-239.html\">External Shocks and Debt Accumulation in a Small Open Economy<\/a><\/b><br \/>\n<i>by<\/i> Abdelhak S. Senhadji<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i1p240-251.html\">About Market Structure<\/a><\/b><br \/>\n<i>by<\/i> Klaus Kultti<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i1p252-262.html\">IT Adoption Costs and Productivity: A Reply to Diego Comin<\/a><\/b><br \/>\n<i>by<\/i> James Bessen<\/div><div class=\"nav fusion-mobile-tab-nav\"><ul class=\"nav-tabs nav-justified\" role=\"tablist\"><li role=\"presentation\"><a class=\"tab-link\" data-toggle=\"tab\" role=\"tab\" aria-controls=\"tab-aee52ccce68c7622fb0\" aria-selected=\"false\" tabindex=\"-1\" id=\"mobile-fusion-tab-issue2\" href=\"#tab-aee52ccce68c7622fb0\"><h4 class=\"fusion-tab-heading\">Issue 2<\/h4><\/a><\/li><\/ul><\/div><div class=\"tab-pane fade fusion-clearfix\" role=\"tabpanel\" tabindex=\"0\" aria-labelledby=\"fusion-tab-issue2\" id=\"tab-aee52ccce68c7622fb0\">\n<h3>Volume 6, Issue 2 (April 2003)<\/h3>\n<p><b><\/b><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i2p263-275.html\">Money Growth Rules and Price Level Determinacy<\/a><\/b><br \/>\n<i>by<\/i> Charles T. Carlstrom &#038; Timothy S. Fuerst<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i2p276-299.html\">Money, Growth and Risk Sharing with Private Information<\/a><\/b><br \/>\n<i>by<\/i> Young Sik Kim<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i2p300-312.html\">Debt, deficits, and age-specific mortality<\/a><\/b><br \/>\n<i>by<\/i> Hamid Faruqee<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i2p313-338.html\">Competitive Markets for Non-Exclusive Contracts with Adverse Selection: the Role of Entry Fees<\/a><\/b><br \/>\n<i>by<\/i> Alberto Bisin &#038; Piero Gottardi<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i2p338-361.html\">Exchange rate regimes and international business cycles<\/a><\/b><br \/>\n<i>by<\/i> Theptida Sopraseuth<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i2p368-380.html\">The Representative Consumer in the Neoclassical Growth Model with Idiosyncratic Shocks<\/a><\/b><br \/>\n<i>by<\/i> Lilia Maliar &#038; Serguei Maliar<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i2p381-403.html\">Tax evasion in a model of endogenous growth<\/a><\/b><br \/>\n<i>by<\/i> Been-Lon Chen<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i2p404-430.html\">Effects of Flat-Rate Taxes: to What Extent Does the Leisure Specification Matter?<\/a><\/b><br \/>\n<i>by<\/i> Manuel Gomez<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i2p431-454.html\">Intergenerational time transfers and childcare<\/a><\/b><br \/>\n<i>by<\/i> Emanuela Cardia &#038; Serena Ng<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i2p455-481.html\">A Dynamic General Equilibrium Analysis of Migration and Capital Formation: The Case of Canada<\/a><\/b><br \/>\n<i>by<\/i> Stuart J. Wilson<\/div><div class=\"nav fusion-mobile-tab-nav\"><ul class=\"nav-tabs nav-justified\" role=\"tablist\"><li role=\"presentation\"><a class=\"tab-link\" data-toggle=\"tab\" role=\"tab\" aria-controls=\"tab-372f9614588be4bfe33\" aria-selected=\"false\" tabindex=\"-1\" id=\"mobile-fusion-tab-issue3\" href=\"#tab-372f9614588be4bfe33\"><h4 class=\"fusion-tab-heading\">Issue 3<\/h4><\/a><\/li><\/ul><\/div><div class=\"tab-pane fade fusion-clearfix\" role=\"tabpanel\" tabindex=\"0\" aria-labelledby=\"fusion-tab-issue3\" id=\"tab-372f9614588be4bfe33\">\n<h3>Volume 6, Issue 3 (July 2003)<\/h3>\n<p><b><\/b><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i3p483-497.html\">Determinacy Through Intertemporal Adjustment Costs<\/a><\/b><br \/>\n<i>by<\/i> Berthold Herrendorf &#038; Akos Valentinyi<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i3p498-512.html\">Fiscal Policy and Optimal Monetary Rules in a non Ricardian Economy<\/a><\/b><br \/>\n<i>by<\/i> Jean-Pascal Benassy<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i3p513-545.html\">Firm investment in imperfect capital markets: A structural estimation<\/a><\/b><br \/>\n<i>by<\/i> Sangeeta Pratap &#038; Silvio Rendon<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i3p546-577.html\">Growth and Welfare Analysis of Tax Progressivity in a Heterogeneous-Agent Model<\/a><\/b><br \/>\n<i>by<\/i> Elizabeth M. Caucutt &#038; Selahattin Imrohoroglu &#038; Krishna B. Kumar<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i3p578-601.html\">Technological Change and the Age-Earnings Profile: Evidence from the International Merchant Marine, 1861-1912<\/a><\/b><br \/>\n<i>by<\/i> Peter Thompson<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i3p602-636.html\">Incomplete Unemployment Insurance and Aggregate Fluctuations<\/a><\/b><br \/>\n<i>by<\/i> Francesc Obiols-Homs<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i3p637-650.html\">Labor Market Institutions, International Capital Mobility, and the Persistence of Underdevelopment<\/a><\/b><br \/>\n<i>by<\/i> Graziella Bertocchi<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i3p651-671.html\">Transitions into Unemployment and the Nature of Firing Costs<\/a><\/b><br \/>\n<i>by<\/i> Alain Delacroix<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i3p672-684.html\">Recursive Utility, Endogenous Growth, and the Welfare Cost of Volatility<\/a><\/b><br \/>\n<i>by<\/i> Anne Epaulard &#038; Aude Pommeret<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i3p685-696.html\">The Welfare Effects of Mobility Restrictions<\/a><\/b><br \/>\n<i>by<\/i> Byeongju Jeong<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i3p697-707.html\">The (Interesting) Dynamic Properties of the Neoclassical Growth Model with CES Production<\/a><\/b><br \/>\n<i>by<\/i> Kent Smetters<\/div><div class=\"nav fusion-mobile-tab-nav\"><ul class=\"nav-tabs nav-justified\" role=\"tablist\"><li role=\"presentation\"><a class=\"tab-link\" data-toggle=\"tab\" role=\"tab\" aria-controls=\"tab-13ccdbc3afb1fd7f207\" aria-selected=\"false\" tabindex=\"-1\" id=\"mobile-fusion-tab-issue4\" href=\"#tab-13ccdbc3afb1fd7f207\"><h4 class=\"fusion-tab-heading\">Issue 4<\/h4><\/a><\/li><\/ul><\/div><div class=\"tab-pane fade fusion-clearfix\" role=\"tabpanel\" tabindex=\"0\" aria-labelledby=\"fusion-tab-issue4\" id=\"tab-13ccdbc3afb1fd7f207\">\n<h3>Volume 6, Issue 4 (October 2003)<\/h3>\n<h3>Special issue: Finance and the Macroeconomy<\/h3>\n<h3><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i4p710-728.html\">Financial Frictions and Investment: Requiem in Q<\/a><\/b><br \/>\n<i>by<\/i> Russell Cooper &#038; Joao Ejarque<\/h3>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i4p729-766.html\">Portfolio Choice With Internal Habit Formation: A Life-Cycle Model With Uninsurable Labor Income Risk<\/a><\/b><br \/>\n<i>by<\/i> Francisco Gomes &#038; Alexander Michaelides<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i4p767-788.html\">Asset Prices and Business Cycles with Costly External Finance<\/a><\/b><br \/>\n<i>by<\/i> Joao F. Gomes &#038; Amir Yaron &#038; Lu Zhang<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i4p789-805.html\">Modeling the Macro-Effects of Sustained Fiscal Policy Imbalances: How Much Does Rationality Matter?<\/a><\/b><br \/>\n<i>by<\/i> Deborah Lucas<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i4p806-830.html\">State Dependent Preferences Can Explain the Equity Premium Puzzle<\/a><\/b><br \/>\n<i>by<\/i> Angelo Melino &#038; Alan X. Yang<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i4p831-845.html\">Human Capital and the Private Equity Premium<\/a><\/b><br \/>\n<i>by<\/i> Valery Polkovnichenko<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2002i2p846-868.html\">Growth and Welfare Effects of Business Cycles in Economies with Idiosyncratic Human Capital Risk<\/a><\/b><br \/>\n<i>by<\/i> Tom Krebs<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i4p869-884.html\">Optimal Unemployment Insurance: Transitional Dynamics vs. Steady State<\/a><\/b><br \/>\n<i>by<\/i> Gilles Joseph &#038; Thomas Weitzenblum<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i4p885-906.html\">Heterogeneous Learning<\/a><\/b><br \/>\n<i>by<\/i> Chryssi Giannitsarou<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i4p907-940.html\">The New Investment Theory and Aggregate Dynamics<\/a><\/b><br \/>\n<i>by<\/i> Leif Danziger<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i4p941-962.html\">The Response of Term Rates to Monetary Policy Uncertainty<\/a><\/b><br \/>\n<i>by<\/i> Oscar Jorda &#038; Kevin Salyer<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i4p963-976.html\">Returns to Scale and Externalities in the Consumption and Investment Sectors<\/a><\/b><br \/>\n<i>by<\/i> Sharon G. Harrison<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i4p977-986.html\">Aggregation under Complete Markets<\/a><\/b><br \/>\n<i>by<\/i> Masao Ogaki<\/p>\n<p><b><a href=\"http:\/\/ideas.repec.org\/a\/red\/issued\/v6y2003i4p987-990.html\">Capital Trading, Stock Trading, and the Inflation Tax on Equity: A Note<\/a><\/b><br \/>\n<i>by<\/i> Scott Baier &#038; Charles T. Carlstrom &#038; Ralph Chami &#038; Thomas Cosimano &#038; Timothy Fuerst &#038; Connel Fullenkamp<\/div><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"class_list":["post-11267","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/pages\/11267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/comments?post=11267"}],"version-history":[{"count":10,"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/pages\/11267\/revisions"}],"predecessor-version":[{"id":15051,"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/pages\/11267\/revisions\/15051"}],"wp:attachment":[{"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/media?parent=11267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}