Department of Economics
Providence, RI 02912
Institutional Affiliation: Brown University
NBER Working Papers and Publications
|February 2005||The War Against Drug Producers|
with Daniel Mejia: w11141
Published: Herschel Grossman & Daniel Mejía, 2008. "The war against drug producers," Economics of Governance, Springer, vol. 9(1), pages 5-23, January. citation courtesy of
|July 2004||Peace and War in Territorial Disputes|
|December 2003||Choosing Between Peace and War|
Published: Herschel I. Grossman, 2013. "Choosing Between Peace and War," Annals of Economics and Finance, Society for AEF, vol. 14(3), pages 1085-1113, December. citation courtesy of
|June 2003||". . . and six hundred thousand men were dead."|
|Distributional Disputes and Civil Conflict|
Published: Herschel Grossman, 2003. "Distributional Disputes and Civil Conflict," Latin American Journal of Economics-formerly Cuadernos de EconomÃa, Instituto de EconomÃa. Pontificia Universidad CatÃ³lica de Chile., vol. 40(121), pages 608-616. citation courtesy of
|April 2003||"Fifty-four Forty or Fight!"|
|March 2002||A Theory of the Informal Sector|
with Yoshiaki Azuma: w8823
Published: Yoshiaki Azuma & Herschel I. Grossman, 2008. "A Theory Of The Informal Sector," Economics and Politics, Blackwell Publishing, vol. 20(1), pages 62-79, 03. citation courtesy of
|January 2002||Constitution or Conflict?|
Published: Herschel I. Grossman, 2004. "Constitution or Conflict?," Conflict Management and Peace Science, Peace Science Society (International), vol. 21(1), pages 29-42, February. citation courtesy of
|April 2001||Educational Inequality|
with Yoshiaki Azuma: w8206
Published: Yoshiaki Azuma & Herschel I. Grossman, 2003. "Educational Inequality," LABOUR, CEIS, Fondazione Giacomo Brodolini and Blackwell Publishing Ltd, vol. 17(3), pages 317-335, 09. citation courtesy of
|February 2001||Annexation or Conquest? The Economics of Empire Building|
with Juan Mendoza: w8109
|September 2000||Inventors and Pirates: Creative Activity and Intellectual Property Rights|
Published: Grossman, Herschel I. "Inventors And Pirates: Creative Activity And Intellectual Property Rights," European Journal of Political Economy, v21(2,Jun), 2005, 269-285. citation courtesy of
|The Creation of Effective Property Rights|
Published: Grossman, Herschel I. "The Creation Of Effective Property Rights," American Economic Review, 2001, v91(2,May), 347-352. citation courtesy of
|June 1999||Producers and Predators|
Published: Pacific Economic Review, vol. 3, no. 3, pp. 169-187, 1998.
|February 1998||Human Capital and Predation: A Positive Theory of Educational Policy|
with Minseong Kim: w6403
|December 1997||Predation, Efficiency, and Inequality|
with Minseong Kim: w6301
Published: Herschel I. Grossman & Minseong Kim, 2002. "Predation, Efficiency, and Inequality," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 158(3), pages 393-, September. citation courtesy of
|November 1997||"Make Us a King": Anarchy, Predation, and the State|
Published: Grossman, Herschel I. "'Make Us A King': Anarchy, Predation, And The State," European Journal of Political Economy, 2002, v18(1,Mar), 31-46. citation courtesy of
|April 1997||Sovereign Debt and Consumption Smoothing|
with Taejoon Han: w5997
Published: Journal of Monetary Economics, Vol. 44, no. 1 (August 1999): 149-158. citation courtesy of
|August 1996||Inequality, Predation and Welfare|
with Minseong Kim: w5704
|November 1995||Predation and Accumulation|
with Minseong Kim: w5357
Published: Journal of Economic Growth, vol. 1, pp. 333-350, September 1996. citation courtesy of
|May 1995||American Fiscal Policy in the 1990's|
Published: Economic Notes, vol.24, 1995, no.2, pp.231-238.
|October 1993||Population Increase, Extralegal Appropriation, and the End of Colonialism|
with Murat Iyigun: w4488
Published: Economica, Vol. 64 (August 1997): 483-493.
|August 1993||The Profitabality of Colonialism|
with Murat Iyigun: w4420
Published: "The Profitability of Colonial Investment" Economics & Politics, vol. 7, November 1995, pp. 229-241.
|August 1991||A Theory of War Finance|
with Taejoon Han: w3799
Published: Defence Economics, Vol. 4, pp. 33-44, (1993).
|April 1991||Monetary Economics: A Review Essay|
Published: Journal of Monetary Economics, Vol. 28, No. 2, pp. 323-345, (October 1991). citation courtesy of
|October 1988||The Political Economy of War Debts and Inflation|
Published: "The Political Economy of War Debt and Inflation." From Monetary Policy for A Changing Financial Environment, edited by William S. Haraf and Phillip Cagan, pp. 166-181 and 210-211. Washington, DC: The AEI Press, 1990.
|August 1988||Proprietary Public Finance, Political Competition, and Reputation|
with Suk Jae Noh: w2696
|November 1987||Lending to an Insecure Sovereign|
|May 1987||Nominally Sovereign Debt, Risk Shifting, and Reputation|
with John B. Van Huyck: w2259
Published: Journal of Economics and Business, Vol. 45, Nos. 3 & 4, pp. 341-352 (August , October 1993) citation courtesy of
|A Generic Model of Monetary Policy, Inflation, and Reputation|
Published: "Inflation and Reputation with Generic Policy Preferences." From Journal of Money, Credit and Banking, Vol. 22, No. 2, pp. 165-177, (May 1990).
|August 1986||Rational Inflationary Bubbles|
with Behzad T. Diba: w2004
Published: Diba, Behzad T. and Herschel I. Grossman. "Rational Inflationary Bubbles," Journal of Monetary Economics, Vol. 21, No. 1, pp. 35-46, (January 1988). citation courtesy of
|July 1986||On the Inception of Rational Bubbles in Stock Prices|
with Behzad T. Diba: w1990
Published: Diba and Grossman, "The Theory of Rational Bubbles in Stock Prices," from Economic Journal, Vol. 98, No. 3, September 1988.
|April 1986||The Illusion of Stabilization Policy?|
with Steven L. Green: w1889
Published: Green, Steven L. and Herschel I. Grossman."The Illusion of Stabilization Policy," Carnegie-Rochester Conference Series on Public Policy, Vol. 25, Autumn 1986. citation courtesy of
|October 1985||Rational Bubbles in Stock Prices?|
with Behzad T. Diba: w1779
Published: Diba and Grossman, "Explosive Rational Bubbles in Stock Prices?" from American Economic Review, Vol. 78, No. 3, June 1988, pp. 520-530.
|July 1985||Sovereign Debt as a Contingent Claim: Excusable Default, Repudiation, and Reputation|
with John B. Van Huyck: w1673
Published: The American Economic Review, Vol. 78, No. 5, pp. 1088-1097, (December 1988). citation courtesy of
|May 1985||The Impossibility of Rational Bubbles|
with Behzad T. Diba: w1615
Published: Diba, Behzad T. and Herschel I. Grossman. "On the Inception of Rational Bubbles," Quarterly Journal of Economics, Vol. 102, No. 409, August 1987.
|November 1984||Seigniorage, Inflation, and Reputation|
with John B. Van Huyck: w1505
Published: Grossman, Herschel I. and John B. Van Huyck. "Seigniorage, Inflation, and Reputation," Journal of Monetary Economics, Vol. 18, No. 1, July 1986, pp. 21-31. citation courtesy of
|June 1984||Counterfactuals, Forecasts, and Choice-Theoretic Modelling of Policy|
|March 1984||Rational Bubbles in the Price of Gold|
with Behzad T. Diba: w1300
- "Explosive Bubbles in Stock Prices", American Economic Review, Vol. 78, no. 3 (1988): 520-530.
- "The Theory of Rational Bubbles in Stock Prices", Economic Journal, Vol. 98 no. 3 92 (1988): 746-754. Sep., 1988
|June 1983||Shunto, Rational Expectations, and Output Growth in Japan|
with William S. Haraf: w1144
Published: Empirical Economics, Vol. 14, No. 3, pp. 193-213, (1989). citation courtesy of
|1983||Rational Asset Price Bubbles|
with Behzad T. Diba: w1059
Published: Diba, Behzad T. and Herschel I. Grossman. "The Theory Of Rational Bubbles In Stock Prices," Economic Journal, 1988, v98(392), 746-754.
|October 1982||The Natural-Rate Hypothesis, the Rational-Expectations Hypothesis, and the Remarkable Survival of Non-Market-Clearing Assumptions|
Published: Grossman, Herchel I. "The Natural-Rate Hypothesis, the Rational-Expectations Hypothesis, and the Remarkable Survival of Non-Market-Clearing Assumptions." Carnegie-Rochester Conference Series on Public Policy, ed. K. Brunnerand A. Meltzer, Vol. 19, (1983), pp. 225-245. citation courtesy of
|August 1982||Risk Shifting, Statistical Discrimination and the Stability of Earnings|
with Warren T. Trepeta: r0302
Published: Grossman, Herschel I. and Trepeta, Warren T. "Risk Shifting, Statistical Discrimination and the Stability of Earnings." Studies in Labor Markets, edited by Sherwin Rosen, pp. 295-317. Chicago: University of Chicago Press, 1981.
|July 1982||The American Fiscal Deficit: Facts and Effects|
Published: Grossman, Herschel I. "The American Fiscal Deficit: Facts and Effects." American Enterprise Institute, (November 1982).
|December 1981||Employment Effects of the Federal Minimum Wage|
with John F. Boschen: w0812
|October 1981||Tests of Equilibrium Macroeconomics Using Contemporaneous Monetary Data|
with John F. Boschen: w0558
Published: Boschen, John F. and Grossman, Herschel I. "Tests of Equilibrium Macroeconomics Using Contemporaneous Monetary Data." Journal of Monetary Economics, Vol. 10 (1982), pp. 309-333. citation courtesy of
|June 1981||Familial Love and Intertemporal Optimality|
|April 1981||Indexation of the Minimum Wage with Rational Expectations|
|The Federal Minimum Wage, Inflation, and Employment|
with John F. Boschen: w0652
Published: Boschen, John F. and Grossman, Herschel I. "The Federal Minimum Wage, Employment, and Inflation. Report of the Minimum Wage Study Commission, Vol. VI,(June 1981), pp. 19-43.
|Rational Expectations, Business Cycles, and Government Behavior|
Published: Grossman, Herschel I. "Rational Expectations, Business Cycles, and Government Behavior." Rational Expectations and Economic Policy, edited by Stanley Fischer, pp. 5-22. Chicago: University of Chicago Press, 1980.
|1981||Risk Shifting, Statistical Discrimination, and the Stability of Earnings|
with Warren Trepeta
in Studies in Labor Markets, Sherwin Rosen, editor
|August 1980||Incomplete Information, Risk Shifting, and Employment Fluctuations|
Published: Grossman, Herschel I. "Incomplete Information, Risk Shifting, and Employment Fluctuations." Review of Economic Studies, Vol. XLVIII, No. 152 (April 1981), pp. 189-197. citation courtesy of
|July 1980||Monetary Information and Macroeconomic Fluctuations|
with John F. Boschen: w0498
Published: Boschen, John F. and Herschel I. Grossman. "Monetary Information and Macroeconomic Fluctuations." Modern Macroeconomic Theory, edited by J. P. Fitonssi, New Jersey: Barnes and Noble Books, (1983), pp. 173-184.
|1980||Risk Shifting, Unemployment Insurance, and Layoffs|
- Grossman, Herschel I, 1981. "Incomplete Information, Risk Shifting, and Employment Fluctuations," Review of Economic Studies, Blackwell Publishing, vol. 48(2), pages 189-97, April.
- Grossman, Herschel. "Risk Shifting, Unemployment Insurance and Layoffs." The Economics of the Labour Market, edited by Hornstein, Grice, and Webb, pp. 259-277. London: Her Majesty's Stationery Office, 1981.