Published Papers

Introduction to Dynamic General Equilibrium, (with Edward C. Prescott and Lee Ohanian), Journal of Economic Theory, 144 (6) (2009), pp. 2235-46.

Moving Costs, Nondurable Consumption, and Portfolio Choice, Journal of Economic Theory, 144 (6) (2009), pp. 2419-39.

A Two-Person Game of Information Transmission, (with Jerry R. Green), Journal of Economic Theory, (July 2007), pp. 90-104.

"Giving Aid Effectively," 2005 Annual Report Issue of The Region, Federal Reserve Bank of Minneapolis.

'Rules versus Discretion' after Twenty-five Years, NBER Macroeconomics Annual 2002, pp. 9-45.

A Quantitative Model of the British Industrial Revolution, 1780-1850," Carnegie-Rochester Conference Series on Public Policy, 55 (2001), pp. 55-109.

Dynamic Programming with Homogeneous Functions, (with Fernando Alvarez), Journal of Economic Theory, 82 (September 1998), pp. 167-189.

Shirtsleeves to Shirtsleeves: The Economics of Social Mobility, Frontiers of Research in Economic Theory: The Nancy L. Schwartz Memorial Lectures 1983-1997, D. Jacobs, E. Kalai, and M. Kamien, eds., Cambridge University Press, 1998.

Are There Limits to Growth?, International Economic Review, 39 (February 1998), pp. 1-31.

"Free Trade, Factor Returns, and Factor Accumulation," Journal of Economic Growth, 1 (December 1996), pp. 421-447.

"R&D and Economic Growth," Review of Economic Studies, 62 (July 1995), pp. 469-489.

"Growth Effects of Flat-Rate Taxes," (with Sergio Rebelo), Journal of Political Economy, 103 (June 1995), pp. 519-550.

"Introduction: Symposium on Economic Growth, Theory and Computations," (with Larry E. Jones), Journal of Economic Theory, 58 (December 1992), pp. 117-134.

"Credible Public Policy," Journal of Economic Dynamics and Control, 15 (October 1991), pp. 627-656.

"Human Capital, Product Quality, and Growth," Quarterly Journal of Economics, 106 (May 1991), pp. 587-616.

"The Volume and Composition of Trade Between Rich and Poor Countries," Review of Economic Studies, 58 (January 1991), pp. 63-80.

"Reputation and Time Consistency," American Economic Review, 79 (May 1989), pp. 134-139.

"Learning-by-Doing and the Introduction of New Goods," Journal of Political Economy, 96 (August 1988), pp. 701-717.

"Money and Interest in a Cash-in-Advance Economy " (with Robert E. Lucas, Jr.), Econometrica, 55 (May 1987), pp. 491-513.

"The Dynamics of Industry-Wide Learning," in Essays in Honor of Kenneth J. Arrow, edited by Walter Heller, Ross Starr and David Starrett, Cambridge University Press, 1986.

"The Importance of the Period of Commitment in Dynamic Games " (with Jennifer F. Reinganum), International Economic Review, 26 (1985), pp. 161-173.

"Optimal Growth with Many Consumers " (with Robert E. Lucas, Jr.), Journal of Economic Theory, 32 (1984), pp. 139-171.

"A Comparison of Tournaments and Contracts " (with Jerry R. Green), Journal of Political Economy, 91 (June 1983), pp. 349-364.

"Optimal Fiscal and Monetary Policy in an Economy Without Capital " (with Robert E. Lucas, Jr.), Journal of Monetary Economics, 12 (July 1983), pp. 55-93.

"Information, Trade and Common Knowledge " (with Paul Milgrom), Journal of Economic Theory, 26 (February 1982), pp. 17-27.

"Rational Expectations and Durable Goods Pricing," Bell Journal of Economics, 12 (Spring 1981), pp. 112-128.

"Job Differentiation and Wages," Quarterly Journal of Economics, 95 (November 1980), pp. 431-449.

"A Life-Cycle Model of the Linear Income Tax," Review of Economic Studies, 47 (July 1980),pp. 775-785.

"Intertemporal Price Discrimination," Quarterly Journal of Economics, 93 (August 1979), pp. 355-371.

"A Decomposition Theorem for Income Redistribution Policies," Economics Letters, 1 (1978), pp. 89-91.

Comments

"Comments on Barro and Lee," Carnegie Rochester Conference Series, 40, (1994), 47-57.