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Global migration database -- Quantifying international migration: a database of bilateral migrant stocks / Christopher R. Parsons, Ronald Skeldon, Terrie L. Walmsley and L. Alan Winters -- Impact on development -- The impact of remittances on poverty and human capital: evidence from Latin...
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John Taylor and David Romer champion an approach to teaching undergraduate macroeconomics that dispenses with the LM half of the IS-LM model and replaces it with a rule for setting the interest rate as a function of inflation and the output gap - i.e., a Taylor rule. But the IS curve is...
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This paper analyzes three popular models of nominal price and wage frictions to determine which best fits post-war U.S. data. We construct a dynamic stochastic general equilibrium (DSGE) model and use maximum likelihood to estimate each model's parameters. Because previous research finds that...
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