Using 1980 Census data, the authors analyze the labor force participation of married immigrant Asian women by country of origin, compared with that of married immigrant women from Europe and Canada. The results suggest the ...

The collapse of socialism and its centrally-planned economies in the former Soviet Union and Eastern Europe has raised a host of critical questions for all concerned with the ideological future of mankind. Does this represent ...

The authors suggest that the rapid growth of the illegal underground economy in 1970s and 1980s has destabilized the Soviet state economy and weakened the mechanism of central planning. This hypothesis is advanced on the ...

The main goal of this paper is to develop an empirical framework for evaluating the patient welfare benefits arising from pharmaceutical innovation. Extending previous studies of the welfare benefits from innovation (Trajtenberg, ...

Most high-frequency asset returns exhibit seasonal volatility patterns. This article proposes a new class of models featuring periodicity in conditional heteroscedasticity explicitly designed to capture the repetitive seasonal ...