Journal Article
Stochastic interest rates in the aggregate life cycle of permanent income cum rational expectations model
Kowalewski, K. J. (1985-10)
An estimation of a life cycle cum rational expectations model that allows for uncertain future interest rates. The results show that the model is strongly rejected using post World War II U.S. data.
Economic Review , Issue Q IV , Pages 2-19

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

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

Journal Article
Home equity lines: characteristics and consequences
Kowalewski, K. J. (1987-06)
A discussion of the possible impact of home equity lines of credit on the variability of total consumer spending and borrowing, with comment on the potential growth of home equity lending and its affect on consumers and lenders.
Economic Commentary , Issue Jun

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
Will the dollar's decline help Ohio manufacturers?
Durrell, Amy; Kowalewski, K. J.; Israilevich, Philip R. (1986-08)
An analysis of the wage, productivity, and competitive factors that might prevent Ohio manufacturers from getting full benefit from the sharp drop in the foreign-exchange value of the dollar.
Economic Commentary , Issue Aug

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

Journal Article
Implications of a tariff on oil imports
Kowalewski, K. J.; Anderson, Gerald H. (1986-09)
An examination of the possible positive and negative effects that could result from a hypothetical $10 per barrel increase in tariffs on crude oil and refined oil products.
Economic Commentary , Issue Sep

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