This paper presents preliminary results of statistical analysis of the Tansong County household registers for 1678. We focus on identifying the social class of county residents and on identifying marriages. We use a multivariate LOGIT model to estimate probabilities of marriage, both within and...

This paper constructs a dynamic specific factors model to examine the impact of the economic reunification of North and South Korea. We focus on changes in real wages and output as a result of several kinds of reunification and/or reform. We are interested in the differential impacts on wages of...

We present a discrete-time version of an otherwise standard Schumpeterian growth model. Discrete time exhibits two important differences from continuous time. First, the probability of successful innovation cannot be homogeneous of degree one in inputs. A natural R&D analogue to constant returns...

This paper explores the empirical relationship of net exports, domestic output and foreign output. It presents evidence supporting a consumption-smoothing motive for trade in goods. Classical models of the international macroeconomy typically allow for trade in claims on both home & foreign...

This paper examines the contributions of various factors on China's economic growth. The methodology is discussed in papers by Levine and Renelt (1992) and Sala-i-Martin (1997). We estimate regressions with growth of output and a variety of total 49 factors, gathered from a variety of sources....

This paper explores time use as a possible contributor to income inequality. Productive time is modeled as the complement to a model of sleep that incorporates the biological necessity of sleep within a dynamic choice framework. Our empirical application uses the quasi-exogenous variation in...

This paper tests the contributions of the size of state-owned enterprises as a determinant of China's economic growth. The methodology is discussed in papers by Levine and Renelt (1992) and Sala-i-Martin (1997). We estimate regressions with growth of output and total factor productivity as the...

This paper looks at the linkages between growth and business cycles by bringing together two strands of literature. We incorporate a quality ladders engine of growth into an otherwise standard real business cycle model. Our fundamental question is, can Schumpeter's creative destruction process...