"This paper examines the impact of survey conditions on the self-reported use of marijuana, cocaine, and alcohol in the 1984 and 1988 waves of the National Longitudinal Survey of Youth (NLSY). The analysis obtains probit estimates of lifetime and current participation rates and ordered probit...

Review of the book "Nudge: Improving Decisions About Health, Wealth, and Happiness" by Richard H. Thaler and Cass R. Sunstein

This article studies the effects of inflation targeting (IT) on relative price variability (RPV) using a data set of twenty countries comprising both targeters and nontargeters. We find that a decline in mean inflation after IT adoption is not necessarily associated with a similar fall in RPV...

This paper explores how a monetary regime change affects headline inflation via differential effects on various sectors in the economy. Using disaggregated CPI data for Canada, we find that the response to the adoption of inflation targeting (IT) was quite heterogeneous across sectors. While...

We construct an inflation-targeting index for a group of seven Organization for Economic Co-operation and Development (OECD) countries that ranks countries according to the key features of formal inflation targeting regimes. The relationship between this index and bond markets is empirically...

The debate over including asset prices in the construction of an inflation statistic has attracted renewed attention in recent years. Virtually all of this (and earlier) work on incorporating asset prices into an aggregate price statistic has been motivated by a presumed, but unidentified...

With financial liberalization during the 1990s, there was a marked increase in the involvement of foreign banks in emerging market economies. This study uses data from 32 emerging markets for the period 1999 to 2005 to investigate whether the presence of foreign banks promotes or hurts the...

A lack of consensus remains on what should form the theoretical core of the undergraduate intermediate macroeconomic course. In determining how to deal with the Keynesian/classical divide, instructors must decide whether to follow the modern approach of building macroeconomic relationships from...

The associate editor for the Features and Information (F&I) section of the <italic>Journal of Economic Education</italic> provides an overview of articles published in this section over the last 20 years with emphasis on pieces that serve as exceptional models for potential contributions. She also offers advice...

This paper reports the results of a survey of students at median economics graduate programs and compares it with the results of a survey of students at top economics graduate programs done by Colander. Overall, a study of the data shows that while there are some differences in the student...