Goodall S, Gonzaléz-Alonso J, Ross EZ & Romer LM. (2011). Supraspinal fatigue after hypoxic and normoxic exercise in humans. Med Sci Sports Exerc (in press). Goodall S, Ross EZ, Phillips D & Romer LM. Effect of graded hypoxia on the supraspinal contributions to fatigue. Proceedings of the 65 th Annual Meeting of the Japanese Society of Physical Fitness and Sports Medicine, 2010, p 164. Goodall ...

The link between trade and income has received increasing attention as countries try to justify their trade-promoting policies. Recent work of Frankel and Romer (1999) examines the effect of trade on income. We explore how the estimates of the trade effect change when we relax the assumption of heteroscedasticity in the bilateral trade equation used to construct the instrument for the IV regres...

We defend the forecasting performance of the FOMC against a criticism of Christina and David Romer (2008) by assuming that the FOMC’s forecasts depict a worst-case scenario that it uses to design decisions that are robust to misspecification of the staff’s model. We use a simple macro model and a plausible loss function to illustrate how such an interpretation of the FOMC’s forecasts can explai...

Urban agglomeration economies are usually divided into two categories: urbanization economies and localization economies. In the 1970s and 1980s, a number of attempts were made to estimate urbanization economies and/or localization economies directly in the production function. Since the work by Glaeser et al. in 1992, however, historical effects on agglomeration called dynamic externalities in...

A. Topics and Tools............................................................................. 1 B. The Kuznets Paradox ....................................................................... 3 C. Relative-Income Hypothesis .............................................................. 5 D. Life-Cycle Model and Permanent-Income Hypothesis .............................. 7 Life-cycle model .......

A. Topics and Tools ............................................................................ 1 B. The Lucas Model in Historical Perspective............................................ 2 Keynesian macroeconomics in the 1960s ......................................................................... 2 Monetarism .....................................................................................

This paper explores the dynamic behavior of a Romer-style endogenous growth model, analyzing how changes in tax rates affect government revenue in the short run and the long run. I show that in this environment lowering taxes on financial income is unlikely to stimulate tax revenue in the long run and has modest effects on the tax base, contrary to some other studies of the dynamic response of ...