This paper tests the effect of gross domestic product (GDP) per capita on pollution, measured by carbon dioxide (CO2) emissions per capita. World Bank 1992 study claims that pollution rises with income, but at a slower and slower speed and eventually declines. Using Ordinary Least Squares...

This study follows Rotemberg and Woodford (1998) and estimates a three-equation model of output, interest rate and inflation, in order to evaluate alternative rules by which the UK monetary authority may decide on setting the main interest rate. As in the original paper, the model setup is a...

This notes outlines how to solve Hayashi and Prescott (2007) "The 1990s: Japan's Lost Decade", extended with an exogenous population growth and labour-augmenting technical progress, using a Linear-Quadratic Approximation as in Ljungqvist and Sargent (2004).