Vol. 91, No. 2
Second Quarter 2006
Changes in Behavioral and Characteristic Determination of Female Labor Force Participation, 1975–2005
Julie L. Hotchkiss
This article dissects the changes in the labor force participation rate over the past thirty years among women aged twenty-five to fifty-four.
How Good Is What You've Got? DGSE-VAR as a Toolkit for Evaluating DSGE Models
Marco Del Negro and Frank Schorfheide
Policy institutions that use DSGE models in policymaking need a reliable method for evaluating the models' effectiveness. This article reviews a procedure recently proposed by the authors and their colleagues.
Instability in U.S. Inflation: 1967‐2005
James M. Nason
This article studies U.S. monthly inflation, inflation growth, and price level dynamics from January 1967 to September 2005.