Working Paper
Bankruptcy in the life-cycle consumption model
Kowalewski, K. J. (1988)
An analysis assessing the sensitivity of consumption to income using a life-cycle model of consumption that incorporates the possibility of bankruptcy.
Working Papers (Old Series) , Paper 8815

Working Paper
Estimating total factor productivity in a generalized cost system
Kowalewski, K. J.; Israilevich, Philip R. (1987)
A description of two ways of adding an equation for total factor productivity to the generalized cost system of Atkinson and Halvorsen; includes a discussion of testing for regulatory biases.
Working Papers (Old Series) , Paper 8702

Journal Article
The outlook for inflation
Kowalewski, K. J.; Bryan, Michael F. (1984-01)
A look at whether we can have an economic recovery without reaccelerating inflation. The authors consider past behavior of prices, wages, capacity utilization, and productivity growth in their analysis.
Economic Review , Issue Win , Pages 7-22

Journal Article
Personal bankruptcy: theory and evidence
Kowalewski, K. J. (1982-04)
An evaluation of the impact of the new bankruptcy code, effective in 1979, on the number of personal bankruptcy filings in the United States.
Economic Review , Issue Spr , Pages 1-29

Working Paper
Stochastic interest rates in the aggregate life cycle/permanent income cum rational expectations model
Kowalewski, K. J. (1985)
An estimation of the life cycle/permanent income model with rational expectations that allows for uncertain future interest rates. Results provide ample evidence to reject this form of model during the postwar period.
Working Papers (Old Series) , Paper 8506

Working Paper
A test of two views of the regulatory mechanism: Averch-Johnson and Joskow
Kowalewski, K. J.; Israilevich, Philip R. (1987)
A test of the Averech-Johnson and the Joskov models of the electric utility regulatory process.
Working Papers (Old Series) , Paper 8713

Journal Article
The strength of consumer balance sheets
Kowalewski, K. J. (1982-07)
A discussion of the 1979 to 1981 overall reduction in consumer debt and of its possible impact on the economy, with a summary of asset characteristics, and an analysis of changes in consumer balance sheets.
Economic Commentary , Issue Jul

Journal Article
Is the consumer overextended?
Kowalewski, K. J. (1986-11)
An evaluation of consumer spending and the part it plays in the expansion of the economy, with a discussion of the role of debt and assets as constraints on future spending.
Economic Commentary , Issue Nov

Journal Article
The difficulty in explaining postwar stability
Kowalewski, K. J.; Kades, Eric (1985-12)
A discussion of the business cycle before and after the Second World War, with a survey and critique of major arguments used to explain superior postwar economic stability.
Economic Commentary , Issue Dec

Journal Article
Recent changes in the consumer bankruptcy laws
Kowalewski, K. J. (1985-02)
A discussion of the effects of, and apparent problems caused by, the Bankruptcy Reform Act of 1978, with a look at the likely impact of the 1984 amendments to the Act.
Economic Commentary , Issue Feb