CURRICULUM VITAE
Alan Stuart Blinder
February 2001
Address
Department of Economics
Princeton University
Princeton, NJ
08544-1021
Phone:
609-258-3358
FAX:
609-258-5398
E-mail: blinder@princeton.edu
Personal
Data
Born: October 14, 1945, Brooklyn, New York.
Marital Status: married; two sons, ages 28 and 24
Educational
Background
Ph.D., Massachusetts Institute of
Technology, l97l
M.Sc. (Econ.), London School of
Economics, 1968
A.B., Princeton University, summa cum
laude in economics, 1967.
Government
Service
Vice Chairman, Board of Governors of
the Federal Reserve System, 1994-1996.
Member, President's Council of
Economic Advisers, 1993-1994.
Deputy Assistant Director, Congressional
Budget Office, 1975.
Honors
Adam Smith Award, National
Association for Business Economics, 1999.
Member, American Philosophical
Society, 1996-.
Fellow, American Academy of Arts and
Sciences, 1991-.
Member, Council on Foreign Relations,
1997- .
Honorary Fellow, Foreign Policy
Association, 2000-.
Fellow, Econometric Society, 1981‑
.
Professional
Activities
Partner, Promontory Financial Group,
2000-.
Vice Chairman, The G7 Group, 1997- .
Member, Board of Governors, American
Stock Exchange, 1998- .
Chairman, Steering Committee, SSRC
Program in Applied Economics, 1997- .
Trustee, Russell Sage Foundation,
1996- .
Member of the Board, Center for
Working Capital, AFL-CIO, 1999- .
Member, Board of Advisors, Saber
Partners, 2000.-
Member, Board of Advisors, Center for
International Political Economy, 1998- .
Member, Advisory Committee on
Cyclical Indicators, Conference Board, 1996-.
Member, Advisory Board, Economic
Studies Program, Brookings Institution, 1996-.
Member, Board of Advisors, Jerome
Levy Economics Institute, 1992-93, 1996-.
Member, Advisory Board, Center for
Research on Child Wellbeing, 1997- .
Member, Brookings Panel on Economic
Activity, 1981 and 1985;
Senior Adviser, 1982‑1993, 1996-.
Research Associate, National Bureau
of Economic Research, 1978‑1993, 1996-.
Member, Conference on Research in Income and
Wealth (NBER), 1988‑1993, 1996-.
Member, Council of Foreign Relations’
Economic Task Force on Japan, 1999-2000.
Member, Research Advisory Board,
Committee for Economic Development, 1992-1993, 1996-99.
Vice‑President, American Economic
Association, 1989.
Executive Committee, 1985‑87.
Commission on Graduate Education, 1988‑1990.
Committee on Honors and Awards, 1988‑1993.
Vice President, Eastern Economic Association,
1992-93.
Member, Academic Advisory Panel, Federal Reserve
Bank of New York, 1990-1993.
Member, Selection Committee, Frank E. Seidman
Distinguished Award in Political Economy, 1991-1992.
Member, Board of Directors, Social Science
Research Council, 1987‑1990.
Executive
Committee, 1988‑90.
Member, Advisory Committee on Economics, Alfred P.
Sloan Foundation, 1984‑1993.
Member, NSF Economics Panel, 1985‑1986.
Chairman, Economic Policy Committee, National
Policy Exchange, 1981‑1985.
Member, National Academy of Social Insurance, 1988‑1994.
Member of Advisory Board, Penman Asset Management,
1992-1993.
Editorial
and Journalistic Activities
Founding Advisor, Cogito Learning Media, 1997-.
Economics columnist, Business Week, 1985‑1992.
Economics columnist, The Boston Globe, 1981‑1985.
Occasional columnist, Washington Post, 1982‑1990.
Occasional columnist, Newsday, 1987‑1992.
Editorial advisor, Bristlecone Books, 1990-1992.
Member, Board of Editors, Journal of Economic
Literature, 1981‑1984, 1988‑1993.
Member, International Advisory Board, World
Economics, 2000-.
Member, Editorial Board, Journal of Monetary
Economics, 1981‑1993.
Associate Editor, Journal of Public Economics,
1982‑1993.
Member, Editorial Board, Challenge, 1984‑1993.
Member, Board of Editors, The American Prospect,
1989-1993.
Special
Lectureships
Sturc Lecturer, Johns Hopkins School of Advanced
International Studies, 2000.
Adam Smith Lecturer, National Association for
Business Economics, September 1999.
Dunlap Lecturer, University of Dubuque, March
1997.
Robbins Lecturer, London School of Economics,
October 1996.
Marshall Lecturer, Cambridge University, May 1995.
Frederick H. Schultz Lecturer, University of North
Florida, November 1994.
Bogen Lecturer, Hebrew University of Jerusalem,
December 1992.
Joseph L. Lucia Lecturer, Villanova University,
October 1992.
Kane Lecturer, Bentley College, November 1991.
Distinguished Speaker, Eastern Economic
Association, March 1990.
H. Chase Stone Lecturer, Colorado College, January
1990.
Tennenbaum Lecturer, Georgia Institute of
Technology, Nov. 1989.
Henry George Lecturer, University of Scranton,
October 1988.
Richard T. Ely Lecturer, American Economic
Association, Dec. 1987.
David Kinley Lecturer, University of Illinois,
October 1986.
Kathleen Bryan Lecturer, University of North
Carolina, Greensboro, March 1986.
W. S. Woytinsky Lecturer, University of Michigan,
December 1981.
Teaching
Experience
Gordon S. Rentschler Memorial Professor of
Economics, Princeton University, 1982‑ .
Director, Center for Economic Policy Studies,
Princeton University, 1989-1993, 1996-.
Chairman, Department of Economics, Princeton
University, 1988‑1990.
Professor of Economics, Princeton University, 1979‑1982.
Associate Professor of Economics, Princeton
University, 1976‑1979.
Bicentennial Preceptor, Princeton University, 1975‑1978.
Assistant Professor of Economics, Princeton
University, 1971-1976.
Instructor in Economics, Boston State College,
Boston, MA, 1969.
Instructor in Finance, Rider College, Trenton, NJ,
1968‑1969.
Visiting
Appointments
Visiting Fellow, The Brookings Institution,
1999-2000.
Visiting Scholar, Russell Sage Foundation,
1991-1992.
Visiting Scholar, Economic Planning Agency, Tokyo,
Summer 1991.
Visiting Fellow, The Brookings Institution, 1985‑1986.
Bryan Visiting Professor, University of North
Carolina at Greensboro, March 1986.
Visiting Professor, Institute for International
Economic Studies, Stockholm, Summer 1983.
Visiting Professor, Institute for Advanced
Studies, Vienna, Summer 1982.
Fellow, Institute for Advanced Studies, Hebrew
University of Jerusalem, 1976‑1977.
Visiting Assistant Professor, Stanford University,
1974.
Publications
Books
Asking About Prices: A New Approach to
Understanding Price Stickiness,
Russell Sage Foundation, 1998 (with E. Canetti, D. Lebow, and J. Rudd).
Central Banking in Theory and Practice, MIT Press, 1998. (Spanish translation published
by Antoni Bosch, Barcelona, 1999; Portuguese translation published by Editora
(Brazil), 1999; Japanese translation published by Toyo Kezei, 1999; Polish translation,
2001.)
Growing Together: An Alternative Economic Strategy
for the 1990s, Whittle, 1991.
Paying for Productivity, Brookings, 1990 (edited volume).
Macroeconomics Under Debate, Harvester‑Wheatsheaf, 1989.
Inventory Theory and Consumer Behavior, Harvester‑Wheatsheaf, 1989.
Hard Heads, Soft Hearts: Tough‑Minded Economics for a Just Society, Addison‑Wesley, 1987; paperback edition:
1988; Japanese translation: 1988.
Economics:
Principles and Policy,
Harcourt Brace (Dryden Press), First edition 1979; Second edition 1982; Third
edition 1985; Fourth edition 1988; Fifth edition 1991; Sixth edition 1994;
Seventh edition 1997; Eighth edition, 2000 (with William J. Baumol); also
Canadian, Australian, and Japanese editions.
Economic Opinion, Harcourt Brace Jovanovich, First edition 1989; Second edition 1991.
Private Pensions and Public Pensions: Theory and
Fact, The University of Michigan,
1983.
Economic Policy and the Great Stagflation, Academic Press, 1979, 229 pp. (paperback
edition: 1981; Japanese edition: 1982).
Natural Resources, Uncertainty and General
Equilibrium Systems: Essays in Memory
of Rafael Lusky, Academic Press,
1977 (co‑edited with Philip Friedman).
Toward an Economic Theory of Income Distribution, The MIT Press, 1974, 176 pp. (paperback edition:
1977). Chapter 5 reprinted in W. Darity, Jr., Economics and Discrimination,
Vol. II, Edgar Elgar Publishing, 1995.
Articles
2000
"Are Two Heads Better than One?: An Experimental Analysis of Group
vs. Individual Decisionmaking," processed, June 2000 (with John Morgan).
“Life Imitates Art: How the Economy Came to Resemble the Model,” Business
Economics, January 2000, pp. 16-25.
"The Internet and the New
Economy," The Internet Policy Institute Briefing, January 2000
(also Brookings Policy Brief No. 60, June 2000.)
“Central
Bank Credibility: Why Do We Care? How Do We Build It?”, American Economic
Review, December 2000, forthcoming.
“Monetary
Policy at the Zero Lower Bound: Balancing the Risks,” Journal of Money,
Credit, and Banking, November 2000 (Part 2), pp. 1092-1099.
"Critical Issues for Modern Central Bankers," in European
Central Bank, Monetary Policymaking under Uncertainty, 2000, pp. 64-74.
1999
“Economics
Becomes a Science—Or Does It?,” in A. Bearn (ed.), Useful Knowledge: The
American Philosophical Society Millennium Program (Philadelphia: American
Philosophical Society), 1999.
“Eight
Steps to a New Financial Order,” Foreign Affairs, September/October
1999, pp. 50-63.
1998
"Stop
Me Before I Inflate Again: The Rules-versus-Discretion Debate Revisited,"
Federal Reserve Bank of Chicago, Payments Systems in the Global Economy:
Risks and Opportunities, May 1998, pp. 502-508.
1997
"The
Computer and the Economy," The Atlantic Monthly, December 1997, pp.
26-32.
"Fact
and Fancy in the Growth Debate," The American Prospect,
September-October 1997, pp. 57-62 (followed-up in "Controversy:
Growth" in the November-December issue, pp. 70-73.)
"Is
Government Too Political?" Foreign Affairs, vol. 76, no. 6 (Nov/Dec
1997), pp. 115-126.
"What
Central Bankers Could Learn from Academics--and Vice Versa," Journal of
Economic Perspectives, Vol. 11, No. 2, Spring 1997, pp. 3-19.
"Is
There A Core of Practical Macroeconomics That We Should All Believe?", American
Economic Review, May 1997, pp. 240-243. (Reprinted as "A Core of
Macroeconomic Beliefs?" in Challenge, July/August 1997, pp. 36-44;
in D. Cole (ed.), Macroeconomics 1998/1999, Dushkin, McGraw-Hill, pp.
23-25; and in Polish translation in Gospodarka Narodowa, May-June 1998,
pp. 120-124.)
1996
"Central
Banking in a Democracy," Federal Reserve Bank of Richmond Economic
Quarterly, vol. 82, no. 4 (Fall 1996), pp. 1-14.
(Reprinted in D. Cole (ed.), Macroeconomics
1998/1999, Dushkin, McGraw-Hill, pp. 119-126, and in Italian as "Il
Ruolo della Banca Centrale in ma Democracia," Rivista di Politica
Eocnomica, Feb. 1998, pp. 143-161.)
"Labor
Turnover in the USA and Japan: A Tale
of Two Countries," Pacific Economic Review 1:1, 1996, pp. 27-57
(with Alan B. Krueger).
"The
Role of the Dollar as an International Currency," Eastern Economic
Journal, Spring 1996, pp. 127-136. Also published in W. Gruber, D. Gould,
and C. Zarazaga (eds.), Exchange Rates, Capital Flows, and Monetary Policy
in a Changing World Economy, Kluwer, 1997.
1995
"Should
the Formerly Socialist Economies Look East or West for a Model?",
International Economic Association, Economics in a Changing World,
Volume 5, Economic Growth and Capital and Labour Markets, edited by
Jean-Paul Fitoussi, St. Martin's Press, 1995, pp. 3-24.
1994
"On Sticky Prices: Academic Theories Meet the Real World," in Monetary
Policy, University of Chicago Press, 1994, edited by N. Gregory Mankiw, pp.
117-150.
1993
"A
Simple Note on the Japanese Firm," in Journal of the Japanese and
International Economy, 7(3), September 1993,
pp. 238-55.
"Free
Trade," in D. Henderson (ed.), Fortune Encyclopedia of Economics,
pp. 526-529, 1993.
"Keynesian
Economics," in D. Henderson (ed.), Fortune Encyclopedia of Economics,
1993, pp. 118-123.
1992
"More
Like Them?", American Prospect, Winter 1992, pp. 51-62.
"International
Perspective: Trading with Japan: Why the U.S. Loses--Even on a Level Playing
Field," Business Economics, Vol. 27, No. 1, January 1992.
"The Federal Funds Rate and the Channels of Monetary
Transmission" (with Ben Bernanke), American Economic Review, Vol.
82, No. 4, September 1992, pp. 901-921.
"Consumer
Durables: Evidence on the Optimality of
Usually Doing Nothing," Journal of Money, Credit, and Banking, Vol.
24, No. 2 (May 1992), pp. 258-272 (with Avner Bar-Ilan).
1991
"The
Resurgence of Inventory Research: What
Have We Learned?", Journal of Economic Surveys, Vol. 5, No. 4
(1991), pp. 291-328 (with Louis J. Maccini). Reprinted in A. Chikan, A. Milne,
and L. G. Sprague (eds.), Reflections on Firm and National Inventories,
International Society for Inventory Research, Budapest, 1996.
"Report
of the Commission on Graduate Education in Economics," Journal of
Economic Literature, Vol. 29 (September 1991), pp. 1035-1053 (with other
members of the Commission).
"Profit
Maximization and International Competition," Forthcoming in Richard
O'Brien (ed.), Finance and the International Economy: 5--The AMEX Bank
Review Prize Essays, Oxford University Press, 1991.
"Is
the National Debt Really--I Mean, Really--A Burden?" in Debt and
the Twin Deficits Debate, edited by James Rock, Mayfield Publishing
Company, 1991.
"Why
Are Prices Sticky? Preliminary Results
from an Interview Study," American Economic Review, May 1991, pp.
89-96. Reprinted in E. Sheshinski and Y. Weiss, Optimal Pricing, Inflation,
and the Cost of Price Adjustment (MIT Press, 1993).
"The
Supply of and Demand for Macroeconomic Advice" (printed in Finnish as
"Talouspoliittinen neuvonanto - kysyntä ja tarjonta"), Finnish
Economic Journal, Vol. 87, January 1991, pp. 80-90.
"Taking
Stock: A Critical Assessment of Recent
Research on Inventories," Journal of Economic Perspectives, Winter
1991, pp. 73-96 (with Louis J. Maccini).
1990
"A Shred of Evidence on Theories of Wage Stickiness," Quarterly
Journal of Economics, Vol. 55, Issue 4, November 1990 (with Don H. Choi), pp.
1003-1015.
"Learning
By Asking Those Who Are Doing," Eastern Economic Journal, Vol. 16,
No. 4, October/December 1990, pp. 297-306.
"Economic
Policy and Economic Science: The Case
of Macroeconomics," in Perspective 2000, edited by K. Newton, T.
Schweitzer, and J.-P Voyer, Economic Council of Canada, 1990.
"A Report on the Evidence:
Pay, Participation, and Productivity," The Brookings Review,
Winter 1989/90.
1989
"In Honor of Robert M. Solow: Nobel Laureate in 1987," Journal
of Economic Perspectives, Vol. 3, No. 3, Summer 1989.
"The Monetary‑Fiscal Transition in the United States,"
Institute of Fiscal and Monetary Policy, Financial Review (Tokyo), May
1989 (published in Japanese translation).
"The Stylized Facts About Credit Aggregates," in Macroeconomics
Under Debate, Harvester‑Wheatsheaf, 1989.
"The Comparative Statics of a Credit‑Rationing Bank," in
Macroeconomics Under Debate, Harvester‑Wheatsheaf, 1989.
1988
"The Fall and Rise of Keynesian Economics," The Economic
Record, December 1988. Reprinted in P. Maxwell (ed.), Macroeconomics:
Contemporary Australian Readings, Harper & Row, 1991.
"The Challenge of High Unemployment," American Economic
Review, Vol. 78, No. 2, May 1988.
"Credit, Money, and Aggregate Demand," American Economic
Review Papers and Proceedings, Vol. 78, No. 2, May 1988 (with Ben S.
Bernanke). Reprinted in N. G. Mankiw and D. Romer (eds.), New Keynesian
Economics (MIT Press, 1991), and in D. Laidler (ed.), The Foundations of
Monetary Economics (Edward Elgar, 1999).
"The Life‑Cycle Permanent‑Income Model and Consumer
Durables," Annales d'Economie et de Statistique, Jan.‑Mar.
1988 (with Avner Bar‑Ilan).
"Why Is the Government in the Pension Business?", in Susan
Wachter (ed.), Social Security and Private Pensions: Providing for
Retirement in the Twenty‑First Century, D.C. Heath, 1988.
"The Rules‑versus‑Discretion Debate in the Light of
Recent Experience," Weltwirtschaftliches Archiv, September 1987
(reprinted in H. Giersch (ed.), Macro and Micro Policies for More Growth and
Employment, J. C. B. Mohr, 1988, pp. 45‑63).
1987
"Credit Rationing and Effective Supply Failures," Economic
Journal, June 1987, pp. 327‑352.
"Keynes, Lucas, and Scientific Progress," American Economic
Review, May 1987, pp. 130‑136 (reprinted in John Maynard Keynes
(1883-1946), Volume II, edited by Mark Blaug (Edgar Elger Publishing Co.),
1991, pp. 188-194).
"Credit Rationing and Aggregate Supply in Economies with
Less‑Developed Financial Systems," Conference
on Economic Development and Social Welfare in Taiwan, Volume I, Institute
of Economics, Academia Sinica, Taipei, Taiwan, January 6‑7, 1987, pp. 41‑53.
1986
"Keynes After Lucas," Eastern Economic Journal, July‑September
1986, pp. 209‑216.
"Can the Production Smoothing Model of Inventory Behavior be
Saved?" Quarterly Journal of Economics, August 1986, pp. 431‑453.
"More on the Speed of Adjustment in Inventory Models," Journal
of Money, Credit and Banking, August 1986, pp. 355‑365.
"A Skeptical Note on the New Econometrics," in M. H. Peston
and R. E. Quandt (eds.), Prices, Competition and Equilibrium: Essays in Honor of William J. Baumol
(London: Philip and Alan), 1986.
"Inventory Fluctuations in the United States Since 1929," in
R. J. Gordon (ed.) The American Business Cycle: Continuity and Change, National Bureau of Economic Research,
1986 (with Douglas Holtz‑Eakin).
"Macroeconomics, Income Distribution, and Poverty," in S.
Danziger (ed.), Fighting Poverty:
What Works and What Does Not, Harvard University Press, 1986 (with
Rebecca M. Blank), pp. 180-208.
1985
"The Time Series Consumption Function Revisited," Brookings
Papers on Economic Activity 2: 1985, pp. 465‑511 (with Angus S. Deaton).
"The Policy Mix: Lessons
from the Recent Past," in The Economic Outlook for 1986, University
of Michigan, 1985. (Reprinted with
changes in Economic Outlook USA, First Quarter 1986, pp. 3‑8.)
"Notches," American Economic Review, September 1985 pp.
736‑747 (with Harvey S. Rosen).
1984
"A Keynesian Revival ...?" in A. Heertje (ed.), The U.S.A.
in the World Economy (Freeman Cooper), 1984, pp. 106-113.
"Public Opinion and the Balanced Budget," American Economic
Review, May 1984, pp. 144‑149 (with Douglas Holtz‑Eakin).
"Reaganomics and Growth:
The Message in the Models," in C. Hulten and B. Sawhill (eds.), The
Legacy of Reaganomics, Urban Institute, 1984, pp. 199-227.
"Aggregation and Stabilization Policy in a Multi‑Contract
Economy," Journal of Monetary Economics, January 1984 (with N.
Gregory Mankiw).
1983
"Money, Credit Constraints, and Economic Activity," American
Economic Review, May 1983, pp. 297‑302 (with Joseph E. Stiglitz).
"Issues in the Coordination of Monetary and Fiscal Policy," in
Monetary Policy Issues in the 1980s, Federal Reserve Bank of Kansas
City, 1983, pp. 3‑34. (Partially
reprinted in T. M. Havrilesky (ed.), Modern Concepts in Macroeconomics,
Harlan Davidson, 1985.)
"On the Monetization of Deficits," in L. H. Meyer (ed.), The
Economic Consequences of Government Deficits, Center for the Study of
American Business, 1983). Also
reprinted in Spanish, "Acerca de la monetizacion de los deficit," in Cuadernos
Economicos de Ice, No. 28, 1984/3, pp. 39‑68.
"Social Security, Bequests, and the Life‑Cycle Theory of
Savings: Cross‑Sectional Tests," in R. Hemming and F. Modigliani
(eds.), The Determinants of National Savings and Wealth, International
Economic Association, 1983 (with Roger Gordon and Donald Wise).
Conversations
with Neo-Keynesian Economists: The
"Younger Generation," in A. Klamer, Conversations with Economists,
Rowman & Allenheld, 1983, pp. 151-169.
1982
"Inventories and Sticky Prices: More on the Microfoundations of
Macroeconomics," American Economic Review, June 1982, pp. 334‑348.
Reprinted in J. P. Benassy (ed.), Macroeconomics and Imperfect Competition,
Edward Elgar Publishing Co., 1995, pp. 245-262.
"The Anatomy of Double Digit Inflation in the 1970s," in
Robert E. Hall (ed.), Inflation, University of Chicago Press for NBER,
1982, pp. 26l‑282.
"On Making the Tradeoff between Equality and Efficiency
Operational," in G. Feiwel (ed.), Samuelson and Neoclassical Economics,
Kluwer‑Nijhoff, 1982, pp. 317‑328.
1981
"Retail Inventory Behavior and Business Fluctuations," Brookings
Papers on Economic Activity, 2: 1981, pp. 443‑505.
"Monetary Accommodation of Supply Shocks under Rational
Expectations," Journal of Money, Credit, and Banking, November
1981, pp. 425‑438.
"Inventories, Rational Expectations, and the Business Cycle," Journal
of Monetary Economics, November 1981, pp. 277‑304 (with Stanley
Fischer).
"The 1971‑1974 Controls Program: An Econometric Post‑Mortem," Journal of Monetary
Economics, July 1981, pp. 1‑23 (with William Newton).
"Inventories and the Structure of Macro Models," American
Economic Review, May 1981, pp. 11‑16.
"Supply‑Shock Inflation:
Money, Expectations, and Accommodation," in M. J. Flanders and A.
Razin (eds.), Development in an Inflationary World, Academic Press,
1981, pp. 61‑101.
"Temporary Income Taxes and Consumer Spending," Journal of
Political Economy, February 1981, pp. 26‑53.
1980
"The Consumer Price Index and the Measurement of Recent
Inflation," Brookings Papers on Economic Activity, 2: 1980, pp. 539‑565.
"Market Wages, Reservation Wages, and Retirement Decisions," Journal
of Public Economics, October 1980, pp. 277‑308 (with Roger Gordon).
"Reconsidering the Work Disincentive Effects of Social
Security," National Tax Journal, December 1980, pp. 431‑442
(with Roger Gordon and Donald Wise).
"Inventories in the Keynesian Macro Model," Kyklos,
Vol. 33, Fasc. 4, 1980, pp. 585‑614.
"The Level and Distribution of Economic Well‑Being," in
M. S. Feldstein (ed.), The American Economy in Transition, University of
Chicago Press for NBER, 1980, pp. 415‑479.
1978
"Macroeconomic Activity and Income Distribution in the Postwar
United States," Review of Economics and Statistics, November 1978,
pp. 604‑609 (with Howard Y. Esaki).
1977
"Indexing the Economy Through Financial Intermediation," in K.
Brunner and A. H. Meltzer (eds.), Stabilization of the Domestic and
International Economy, Carnegie‑Rochester Conference Series (a
supplement to the Journal of Monetary Economics), Vol. 5, 1977, pp. 69‑105.
"A Difficulty with Keynesian Models of Aggregate Demand," in
A. S. Blinder and P. Friedman (eds.), Natural Resources, Uncertainty and
General Equilibrium Systems: Essays in
Honor of Rafael Lusky (1977).
1976
"New Measures of Monetary and Fiscal Policy, 1958‑1973,"
American Economic Review, December 1976, pp. 780‑796 (with Stephen
M. Goldfeld).
"Inequality and Mobility in the Distribution of Wealth," Kyklos,
No. 4, 1976, pp. 607‑638.
"Human Capital and Labor Supply:
A Synthesis," Journal of Political Economy, June 1976, pp.
449‑472 (with Yoram Weiss).
"Intergenerational Transfers and Life Cycle Consumption," American
Economic Review, May 1976, pp. 87‑93.
"On Dogmatism in Human Capital Theory," Journal of Human
Resources, Winter 1976, pp. 8‑22.
1975
"Distribution Effects and the Aggregate Consumption Function,"
Journal of Political Economy, June 1975, pp. 447‑475.
1974
"Analytical Foundations of Fiscal Policy," in A. S. Blinder,
et. al., The Economics of Public Finance, The Brookings Institution,
1974, pp. 3‑115 (with Robert M. Solow).
Portions reprinted in R. L. Teigen (ed.), Readings in Money, National
Income, and Stabilization Policy, 1978.
"A Micro Simulation Model of the Size Distribution of Income,"
Journal of Economics and Business, Fall 1974, pp. 1‑9.
"The Economics of Brushing Teeth," Journal of Political
Economy, July‑August 1974, pp. 887‑891. (Swedish translation reprinted in Ekonomisk
Debatt, 1987.)
1973
"Does Fiscal Policy Matter?," Journal of Public Economics,
November 1973, pp. 319‑337 (with Robert M. Solow), ("A
Correction" appears in the same Journal in 1976, pp. 183‑184). Reprinted in T. M. Havrilesky and J. T.
Boorman (eds.), Current Issues in Monetary Theory and Policy (AMH
Publishing: 1976). Reprinted in Anthony Atkinson (ed.), Modern Public
Finance, 1991. Reprinted in T. Mayer and S. M. Sheffrin (eds.), Fiscal
and Monetary Policy: Volume I, Edward Elgar Publishing Co., 1995, pp.
266-284.
"A Model of Inherited Wealth," Quarterly Journal of
Economics, November 1973, pp. 608‑626.
"Wage Discrimination:
Reduced Form and Structural Estimates," Journal of Human
Resources, Fall 1973, pp. 436‑455. Reprinted in W. Darity, Jr. (ed.),
Economics and Discrimination, Volume II, Edward Elgar Publishing Co.,
1995, pp. 295-301.
"Can Income Tax Increases Be Inflationary? An Expository Note," National Tax Journal, June 1973, pp. 295‑301.
1972
"Some Implications of Endogenous Stabilization Policy," Brookings
Papers on Economic Activity 3, 1972, pp. 585‑640 (with Stephen M.
Goldfeld).
Notes, Comments, Discussions, Etc.
Comment and discussion of paper by Akerlof, Dickens, and Perry, Brookings
Papers on Economic Activity, 1:2000, pp. 50-55.
Discussion of paper by Frankel, Schmukler, and Servan, forthcoming in Brookings
Trade Forum, 2000, pp. 51-56.
Comment
and discussion of paper by Corsetti and Pesenti, in Brookings Papers on
Economic Activity, 2: 1999, pp. 359-365.
“Let
Exchange Rates Float,” in P. Kenen and A. Swoboda (eds.), Reforming the
International Monetary and Financial
System, International Monetary Fund, 2000, pp. 47-51.
Comment
on paper by R. Barro, January 1999, forthcoming in conference volume from
American Enterprise Institute.
“Commentary:
Monetary Policy and the Well-Being of the Poor,” in Federal Reserve Bank of
Kansas City, Income Inequality: Issues and Policy Options, 1998, pp.
203-209.
"Commentary"
(on paper by S. Cecchetti), Federal Reserve Bank of St. Louis Review,
May/June 1997.
"Commentary: Deja Vu All Over Again," in M. Belongia
and M. Garfinkel (eds.), The Business Cycle: Theories and Evidence, Kluwer, 1992, pp. 189-196.
Panel
Discussion of "U.S.-Japan Relations After the Gulf War," Center for
Japan-U.S. Studies, Occasional Paper Series, Vol. 1, No. 2, 1991, pp. 27-32 and
67-71.
"Research
on Economic Education and the Teaching of Economics," Journal of
Economic Education, Vol. 22, No. 3, summer 1991, pp. 251-254.
"Introduction" in A. Blinder (ed.), Paying for Productivity,
Brookings, 1990, pp. 1-13.
Discussion
of paper by George Peterson, in A. H. Munnell (ed.), Is There a Shortfall in
Public Investment, Federal Reserve Bank of Boston Conference, Series No.
34, 1990, pp. 131-135.
"Political
Effects of the Social Security Surpluses," in Social Security's Looming
Surpluses, edited by Carolyn Weaver, American Enterprise Institute for Public
Policy Research, 1990.
Discussion
of "Educating and Training New Economics Ph.D.s: How Good a Job Are We Doing?" by W. Lee Hansen. AEA Papers and Proceedings, Vol. 80,
No. 2, May 1990.
Comments and Discussion of paper by Barry Bosworth, Brookings Papers
on Economic Activity 1: 1989, pp. 111‑114.
Comments and Discussion of paper by S. Fazzari, G. Hubbard, and B.
Petersen, Brookings Papers on Economic Activity 1: 1988, pp. 196‑200.
Comments on paper by Franco Modigliani, in Modelling the Accumulation
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