We investigate whether temporary members of the UN Security Council receive favorable treatment from the IMF, using panel data for 191 countries over the period 1951 to 2004. Our results indicate a robust positive relationship between temporary UN Security Council membership and participation in...

We investigate whether temporary members of the UN Security Council receive favorable treatment from the IMF, using panel data for 191 countries over the period 1951 to 2004. Our results indicate a robust positive relationship between temporary UN Security Council membership and participation in...

We investigate whether temporary members of the UN Security Council receive favorable treatment from the IMF, using panel data for 191 countries over the period 1951 to 2004. Our results indicate a robust positive relationship between temporary UN Security Council membership and participation in...

This paper examines the impact of public and private agricultural research andextension on agricultural total factor productivity at the state level. We test the hypothesis thatthe composition of agricultural experiment station funding—share of funding from impact offederal competitive grants...

Some investment advisors offer multiple versions of a fund with the same manager and highlycorrelated returns. But these “twin” funds are separate portfolios for different investors withdiffering abilities to select and monitor managers. Using a matched sample of retail andinstitutional twin...

[...]This article examines the origins and early development ofthe Federal Reserve’s book-entry system—the system mostclosely associated with the elimination of definitive, orcertificated, Treasury securities. We suggest that the Fed’ssystem was the product of three important factors: the...

[...]In this paper, we look at the relationship between these twoissues to examine how government regulation affects thedynamics of the low-income housing stock. We find that,consistent with theoretical models of housing, restrictions onthe supply of new units lower the supply of affordable...

[...]In this article, we attempt to quantify the economic effectsof the homeland security efforts of the public and privatesectors, focusing specifically on the costs of these efforts. Inpractice, it is difficult to classify which expenditures are relatedto homeland security. For this reason, we...