This is the �rst paper to study the role played by economic transition in reducing output volatility. A dramatic decline in aggregate output volatility in China from central planning to market-oriented reforms in the past half century is documented in this paper. The output volatility measured...

This is the first paper to study the role played by economic transition in reducing output volatility. A dramatic decline in aggregate output volatility in China from central planning to market-oriented reforms in the past half century is documented in this paper. The output volatility measured...

The purpose of this dissertation is to explore the relationship between fertility rates and the economy in Venezuela. In particular, it looks at the extreme fluctuations in oil revenues, Venezuelaâs main source of income, in the 1970s and their impact on fertility. It uses the 1998 National...