“...This paper investigates the role of trade credit in the transmission of monetary policy. Most models of the transmission mechanism allow firms to access only...”

“...This paper identifies leadership regimes in monetary-fiscal policy interactions in three countries, the UK, the US and Sweden. We specify a small-scale,...”

“...How do different levels of government debt affect the optimal conduct of monetary and fiscal policies? And what do these optimal policies imply for the...”

“...We explore the determinants of the distribution of owner occupancy rates across age groups using a collection of microeconomic data on 14 OECD countries. In...”

“...This paper takes a mechanism-design approach to characterize a politically optimal trade agreement under the assumption that governments have private...”

“...When habits are introduced multiplicatively in a capital accumulation model, the consumers’ objective function might fail to be concave. In this paper, we...”

“...This paper indicates that the consequences of regional trade agreements for the world trade system may be deceiving—an arrangement's apparent virtue may...”

“...Alternatives to the current system of separate tax accounting, such as the proposed Common Consolidated Corporate Tax Base in Europe, would apportion a firm's...”

“...A standard assumption in the economics of law enforcement is that the probability of a violator being punished depends only on the resources devoted to...”

“...This is a quantitative investigation of the importance of technological change specific to new investment goods for postwar US aggregate fluctuations. A growth...”