This paper analyzes the relationship between age-specific fertility, mortality and real wages in Sweden during the demographic transition.

In this paper, we addressed the issue of whether working whle attending high school impinges on academic performance. We formulated and empirically implemented a stylized model of grade progression through high school in which youths make sequential decisions about school attendance and work.

This paper analyzes the relationship between age-specific fertility, mortality and real wages in Sweden during the demographic transition. We take an overlapping generations model of life cycle fertility and fit it to actual Swedish time-series data over the past two and a half centuries. The...

In this paper we investigate why regulators may wish to open regulated markets to entry by unregulated firms. We adopt Posner's view of regulation as a taxation scheme, whereby regulators set high rates in some markets in order to subsidize other markets.

We present a model in which inflation has a systematic effect on relative prices and welfare. The model focuces on the microeconomics of trade under inflation, and in particular, the role of long-term trading relationships in markets characterized by imperfect information.