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NBER Working Papers
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7633: Growth and Business Cycles
Larry E. Jones , Rodolfo E. Manuelli and Henry E. Siu
7632: When Did Globalization Begin?
O'Rourke, Kevin H. and Jeffrey Gale Williamson
7631: The Meaning of Patent Citations: Report on the NBER/Case-Western Reserve Survey of Patentees
Adam Jaffe , Manuel Trajtenberg and Michael S. Fogarty
7630: From Benign Neglect to Malignant Preoccupation: U.S. Balance-of-Payments Policy in the 1960s
Barry Julian Eichengreen
7629: Dimensions of Credit Risk and Their Relationship to Economic Capital Requirements
Mark Carey
7628: Using Elasticities to Derive Optimal Income Tax Rates
Emmanuel Saez
7627: What has Welfare Reform Accomplished? Impacts on Welfare Participation, Employment, Income, Poverty, and Family Structure
Robert F. Schoeni and Rebecca M. Blank
7626: Taxes, High-Income Executives, and the Perils of Revenue Estimation in the New Economy
Austan Goolsbee
7625: Trading Volume: Definitions, Data Analysis, and Implications of Portfolio Theory
Andrew W. Lo and Jiang W. Wang
7624: Can Subsidies for MARs be Procompetitive?
Kala Krishna , Suddhasatwa Roy and Marie C. Thursby
7623: Outward FDI and Parent Exports and Employment: Japan, the United States, and Sweden
Robert E. Lipsey , Eric D. Ramstetter and Magnus Blomstrom
7622: Pricing Upward-Only Adjusting Leases
Brent W. Ambrose , Patric H. Hendershott and Malgorzata M. Klosek
7621: The Determinants of Trust
Alberto Alesina and Eliana La Ferrara
7620: Government Ownership of Banks
Rafael La Porta , Florencio Lopezde-Silanes and Andrei Shleifer
7619: Horatio Alger Meets the Mobility Tables
Douglas Holtz-Eakin , Harvey Rosen and Robert Weathers
7618: Inflation Targeting in Emerging Market Countries
Frederic Mishkin
7617: Monetary Policy Strategies for Latin America
Frederic Mishkin and Miguel A. Savastano
7616: Federalism with and without Political Centralization: China versus Russia
Olivier Blanchard and Andrei Shleifer
7615: Covariance Risk, Mispricing, and the Cross Section of Security Returns
Kent D. Daniel , David Hirshleifer and Avanidhar Subrahmanyam
7614: Using Options to Divide Value in Corporate Bankruptcy
Lucian Bebchuk
7613: Foundations of Technical Analysis: Computational Algorithms, Statistical Inference, and Empirical Implementation
Andrew W. Lo , Harry Mamaysky and Jiang Wang
7612: The Influence of Federal Laboratory R&D on Industrial Research
James D. Adams , Eric P. Chiang and Jeffrey L. Jensen
7611: Low Wage Services: Interpreting the US - German Difference
Richard B. Freeman and Ronald Schettkat
7610: Skill Compression, Wage Differentials and Employment: Germany vs. the US
Richard B. Freeman and Ronald Schettkat
7609: Expectations Hypotheses Tests
Geert Bekaert and Robert James Hodrick
7608: From Mill Town to Board Room: The Rise of Women's Paid Labor
Dora L. Costa
7607: Designing Stabilization Policy in a Monetary Union
Russell W. Cooper and Hubert Kempf
7606: Do Living Wage Ordinances Reduce Urban Poverty?
David Neumark and Scott Adams
7605: Long-Term Declines in Disability Among Older Men: Medical Care, Public Health, and Occupational Change
Dora L. Costa
7604: Do CEOs Set Their Own Pay? The Ones Without Principals Do
Marianne Bertrand and Sendhil Mullainathan
7603: Local Revenue Hills: A General Equilibrium Specification with Evidence from Four U.S. Cities
Andrew F. Haughwout , Robert Inman , Steven G. Craig and Thomas Luce
7602: Cornucopia: The Pace of Economic Growth in the Twentieth Century
James Bradford DeLong
7601: The Sexual Activity and Birth Control Use of American Teenagers
Phillip B. Levine
7600: The Simple Economics of Open Source
Josh Lerner and Jean Triole
7599: Using the EITC to Help Poor Families: New Evidence and a Comparision with the Minimum Wage
David Neumark and William Wascher
7598: The First Year of the Eurosystem: Inflation Targeting or Not?
Lars E. O. Svensson
7597: How Effective is Redistribution Under the Social Security Benefit Formula?
Alan L. Gustman and Thomas L. Steinmeier
7596: The Taxation of Executive Compensation
Brian J. Hall and Jeffrey B. Liebman
7595: Do After-Tax Returns Affect Mutual Fund Inflows?
Daniel Baird Bergstresser and James Poterba
7594: Public Policy and Extended Families: Evidence from South Africa
Marianne Bertrand , Douglas Lee Miller and Sendhil Mullainathan
7593: Testing Parental Altruism: Implications of a Dynamic Model
Kathleen McGarry
7592: Why a Funded Pension System is Useful and Why It is Not Useful
Hans-Werner Sinn
7591: Education for Growth: Why and For Whom?
Alan B. Krueger and Mikael Lindahl
7590: Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk
John Y. Campbell , Martin Lettau , Burton G. Malkiel and Yexiao Xu
7589: Asset Pricing at the Millennium
John Y. Campbell
7588: Retirement Outcomes in the Health and Retirement Study
Alan L. Gustman and Thomas L. Steinmeier
7587: The Visible Hand, the Invisible Hand and Efficiency
Eitan Goldman and Gary Gorton
7586: Germany's Economic Unification: An Assessment after Ten Years
Hans-Werner Sinn
7585: Self-Confidence and Social Interactions
Roland J. Benabou and Jean Tirole
7584: A Dynamic Model of Differential Human Capital and Criminal Activity
Naci H. Mocan , Stephen C. Billups and Jody Robert Overland
7583: Child Care and the Welfare to Work Transition
Robert J. Lemke , Ann Dryden Witte , Magaly Queralt and Robert Witt
7582: Obstacles to Optimal Policy: The Interplay of Politics and Economics in Shaping Bank Supervision and Regulation Reforms
Randall S. Kroszner and Philip E. Strahan
7581: Medium-Term Determinants of Current Accounts in Industrial and Developing Countries: An Empirical Exploration
Menzie Chinn and Eswar Prasad
7580: Economic Analysis of Social Interactions
Charles F. Manski
7579: Elected versus Appointed Regulators: Theory and Evidence
Stephen Coate and Timothy J. Besley
7578: Do Immigrant Inflows Lead to Native Outflows?
David E. Card and John Enrico DiNardo
7577: Potential Pitfalls for the Purchasing-Power-Parity Puzzle? Sampling and Specification Biases in Mean-Reversion Tests of the Law of One Price
Alan M. Taylor
7576: Does Growing Inequality Reduce Tax Progressivity? Should It?
Joel Slemrod and Jon Bakija
7575: Globalization and International Public Finance
Michael Kremer and Paras Mehta
7574: Guaranteed Income: SSI and the Well-Being of the Elderly Poor
Kathleen McGarry
7573: Labor Markets in Professional Sports
Sherwin Rosen and Allen Sanderson
7572: Keiretsu and Relationship-Specific Investment: A Barrier to Trade?
Barbara Spencer and Larry Dongxiao Qiu
7571: The Savers-Spenders Theory of Fiscal Policy
N. Gregory Mankiw
7570: Social Security and Inequality over the Life Cycle
Angus S. Deaton , Pierre-Olivier Gourinchas and Christina Paxson
7569: The Shape of Twentieth Century Economic History
James Bradford DeLong
7568: Long Run Effects of Social Security Reform Proposals on Lifetime Progressivity
Julia Lynn Coronado , Don Fullerton and Thomas Glass
7567: Daily Momentum and Contrarian Behavior of Index Fund Investors
William N. Goetzmann and Massimo Massa
7566: Global Real Estate Markets - Cycles and Fundamentals
Bradford Case , William N. Goetzmann and K. Geert Rouwenhorst
7565: A Century of Global Stock Markets
Philippe Jorion and William N. Goetzmann
7564: Why Do People Still Live in East Germany?
Jennifer Hunt
7563: The Role of Social Capital in Financial Development
Luigi Guiso , Paola Sapienza and Luigi Zingales
7562: Compensation in the Nonprofit Sector
Christopher Ruhm and Carey Borkoski
7561: The Effect of Immigration on Native Self-Employment
Robert W. Fairlie and Bruce D. Meyer
7560: Differential Mortality and the Value of Individual Account Retirement Annuities
Jeffrey Robert Brown
7559: Monetary Policy and Asset Price Volatility
Ben S. Bernanke and Mark L. Gertler
7558: The Importance of Measurement Error in the Cost of Capital
Austan Goolsbee
7557: Outsourcing at Will: Unjust Dismissal Doctrine and the Growth of Temporary Help Employment
David Autor
7556: Single Peaked Vs. Diversified Capitalism: The Relation Between Economic Institutions and Outcomes
Richard B. Freeman
7555: Does Public Insurance Improve the Efficiency of Medical Care? Medicaid Expansions and Child Hospitalizations
Leemore Dafny and Jonathan Gruber
7554: On the Fundamentals of Self-Fulfilling Speculative Attacks
Craig Burnside , Martin Eichenbaum and Sergio T Rebelo
7553: Tax Subsidies for Health Insurance: Evaluating the Costs and Benefits
Jonathan Gruber
7552: Protecting Their Intellectual Assets: Appropriability Conditions and Why U.S. Manufacturing Firms Patent (or Not)
Wesley M. Cohen , Richard R. Nelson and John P. Walsh
7551: Inflation Dynamics: A Structural Econometric Analysis
Jordi Gali and Mark L. Gertler
7550: What do we know about Macroeconomics that Fisher and Wicksell did not?
Olivier Blanchard
7549: The Information in the High Yield Bond Spread for the Business Cycle: Evidence and Some Implications
Mark L. Gertler and Cara S. Lown
7548: Optimal Exercise Prices for Executive Stock Options
Brian J. Hall and Kevin J. Murphy
7547: A Monetary Explanation of the Great Stagflation of the 1970s
Robert Barsky and Lutz Kilian
7546: The Firm as a Dedicated Hierarchy: A Theory of the Origin and Growth of Firms
Raghuram G. Rajan and Luigi Zingales
7545: Fertility, Migration, and Altruism
Eli Berman and Zaur Rzakhanov
7544: Labor- and Capital- Augmenting Technical Change
Daron Acemoglu
7543: The Importance of Group Coverage: How Tax Policy Shaped U.S. Health Insurance
Melissa Thomasson
7542: Why Do Dancers Smoke? Time Preference, Occupational Choice, and Wage Growth
Lalith Munasinghe and Nachum Sicherman
7541: The Growth Costs of Malaria
Desmond McCarthy , Holger Wolf and Yi Wu
7540: Institutions for High-Quality Growth: What They are and How to Acquire Them
Dani Rodrik
7539: Have Falling Tariffs and Transportation Costs Raised U.S. Wage Inequality?
Jonathan E. Haskel and Matthew J. Slaughter
7538: Heart of Darkness: Modeling Public-Private Funding Interactions Inside the R&D Black Box
Paul A. David and Bronwyn Hughes Hall
7537: Medical Liability, Managed Care, and Defensive Medicine
Daniel P. Kessler and Mark B. McClellan
7536: Strategic Trade Policy with Endogenous Choice of Quality and Asymmetric Costs
Dongsheng Zhou , Barbara Spencer and Ilan Vertinsky
7535: Cigarettes and Alcohol: Substitutes or Complements?
Sandra L. Decker and Amy Ellen Schwartz
7534: Resuscitating Real Business Cycles
Robert G. King and Sergio T Rebelo