Levine and Zervos (1998) presented cross-country econometric evidence showing that, in a sample of 47 countries, stock market liquidity contributed a significant positive influence on GDP growth between 1976-93. We show that the Levine-Zervos results are not robust to alternative specifications...

This paper presents new non-linear regression estimates of the relationship between inflation and economic growth for 80 countries over the period 1961 – 2000. We perform tests using the full sample of countries as well as sub-samples consisting of OECD countries, middle-income countries, and...

Herndon, Ash and Pollin replicate Reinhart and Rogoff and find that coding errors, selective exclusion of available data, and unconventional weighting of summary statistics lead to serious errors that inaccurately represent the relationship between public debt and GDP growth among 20 advanced...

This paper examines certain structural macroeconomic relations in the neoliberal global economy. The current global economy rests upon three unsustainable trends: the debt-driven U.S. consumption expansion; China’s excessive investment expansion; and the large and rising U.S. current account...

We analyze the effects of EU adoption of a Sky Trust (Barnes and Breslow 2003) on the income distribution of Hungary, a lower-middle income EU member.  We use plausible parameters for an EU carbon charge and revenue recycling system, input-output data to track the effect of a carbon charge on...

Although recent research shows interesting relationships between hospital work organization and patient outcomes, the relationship between nurse unions and patient outcomes has not been explored. This study examines the relationship between the presence of a bargaining unit for registered nurses...

Measures of corporate environmental justice performance can be a valuable tool in efforts to promote corporate social responsibility and to document systematic patterns of environmental injustice. This paper develops such a measure based on the extent to which toxic air emissions from industrial...

This study analyzes the social and economic correlates of air pollution exposure in U.S. cities using a unique dataset created as a by-product of the EPA’s Risk-Screening Environmental Indicators model and finds evidence of disproportionate exposure to environmental hazards in communities with...

This paper examines spatial variations in exposure to toxic air pollution from industrial facilities in urban areas of the United States, using geographic microdata from the U.S. Environmental Protection Agency’s Risk-Screening Environmental Indicators project. We find that average exposure in...