We examine the conditions for multiplicity of equilibrium in a dynamic, two-country model of trade with a durable good of the type proposed by <link rid="b5 b6">Shimomura (1993, 2004</link>). If trade must balance in each period, we show that there will be a unique autarkic steady-state equilibrium and that the...

We investigate how increases in publication delays have affected the life-cycle of publications of recent Ph.D. graduates in economics. We construct a panel dataset of 14,271 individuals who were awarded Ph.D.s between 1986 and 2000 in US and Canadian economics departments. For this population...