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NBER Working Papers
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7331: Modeling the Impacts of Market Activity on Bid-Ask Spreads in the Option Market
Young-Hye Cho and Robert F. Engle
7330: Time-Varying Betas and Asymmetric Effect of News: Empirical Analysis of Blue Chip Stocks
Young-Hye Cho and Robert F. Engle
7329: Evidence on Learning and Network Externalities in the Diffusion of Home Computers
Austan Goolsbee and Pete Klenow
7328: The Phillips Curve is Back? Using Panel Data to Analyze the Relationship Between Unemployment and Inflation in an Open Economy
John Enrico DiNardo and Mark P. Moore
7327: The Quality of Health Care Providers
Mark McClellan and Doug Staiger
7326: The Economics of Residential Solid Waste Management
Thomas C. Kinnaman and Don Fullterton
7325: Stock Repurchases in Canada: Performance and Strategic Trading
David Ikenberry , Josef Lakonishok and Theo Vermaelen
7324: Comparing Hospital Quality at For-Profit and Not-for-Profit Hospitals
Mark McClellan and Doug Staiger
7323: Assessing Affirmative Action
Harry J. Holzer and David Neumark
7322: Estimating the Payoff to Attending a More Selective College: An Application of Selection on Observables and Unobservables
Stacy Berg Dale and Alan B. Krueger
7321: Comparing the Economic and Conventional Approaches to Financial Planning
Jagadeesh Gokhale , Laurence J. Kotlikoff and Mark J. Warshawsky
7320: Pensions and Retiree Health Benefits in Household Wealth: Changes from 1969 to 1992
Alan L. Gustman and Thomas L. Steinmeier
7319: Bankers on Boards: Monitoring, Conflicts of Interest, and Lender Liability
Randall S. Kroszner and Philip E. Strahan
7318: Delays in Claiming Social Security Benefits
Courtney Coile , Peter A. Diamond , Jonathan Gruber and Alain Jousten
7317: Order Flow and Exchange Rate Dynamics
Martin Evans and Richard K. Lyons
7316: An Efficiency Approach to the Evaluation of Policy Changes
Stephen Coate
7315: Political Economy, Sectoral Shocks, and Border Enforcement
Gordon Hanson and Antonio Splimbergo
7314: Pre-Retirement Cashouts and Foregone Retirement Saving: Implications for 401(k) Asset Accumulation
James Poterba , Steven Venti and David Wise
7313: New Directions for Stochastic Open Economy Models
Maurice Obstfeld and Kenneth S Rogoff
7312: The Choice of Structural Model in Trade-Wages Decompositions
Lisandro Abrego and John Whalley
7311: Understanding How Price Responds to Costs and Production
Mark Joseph Bils and Yongsung Chang
7310: What Inventory Behavior Tells Us About Business Cycles
Mark Joseph Bils and James A Kahn
7309: Wages and the Allocation of Hours and Effort
Mark Joseph Bils and Yongsung Chang
7308: Costs of Air Quality Regulation
Randy A. Becker and J. Vernon Henderson
7307: The Impact of Employer-Provided Health Insurance on Dynamic Employment Transitions
Donna B. Gilleskie and Byron F. Lutz
7306: The Impact of Young Workers on the Aggregate Labor Market
Robert Shimer
7305: The Environmental Regime in Developing Countries
Raghbendra Jha and John Whalley
7304: The Crisis of Germany's Pension Insurance System and How It Can Be Resolved
Hans-Werner Sinn
7303: Incomplete Contracts and Industrial Organization
Gene Grossman and Elhanan Helpman
7302: The Fallacy of the Fiscal Theory of the Price Level
Willem Hendrik Buiter
7301: The Effects of Environmental Policy on the Performance of Environmental RIVs
Yannis Katsoulacos , Alistair Ulph and David Ulph
7300: Economic Imperialism
Edward Lazear
7299: A Cross-National Analysis of the Effects of Minimum Wages on Youth Employment
David Neumark and William Wascher
7298: Green Taxes and Administrative Costs: The Case of Carbon Taxation
Sjak Smulders and Herman R.J. Vollebergh
7297: An Industry-Adjusted Index of State Environmental Compliance Costs
Arik Levinson
7296: The Government as Litigant: Further Tests of the Case Selection Model
Theodore Eisenberg and Henry S. Farber
7295: Have Employment Reductions Become Good News for Shareholders? The Effect of Job Loss Announcements on Stock Prices, 1970-97
Henry S. Farber and Kevin F. Hallock
7294: Measuring the Effects of Arbitration on Wage Levels: The Case of Police Officers
Orley Ashenfelter and Dean Robert Hyslop
7293: Domestic Policies, National Sovereignty and International Economic Institutions
Kyle Bagwell and Robert W. Staiger
7292: Affiliates of U.S. and Japanese Multinationals in East Asian Production and Trade
Robert E. Lipsey
7291: Health Insurance and Less Skilled Workers
Janet Currie and Aaron Yelowitz
7290: Are Whites Still "Fleeing"? Racial Patterns and Enrollment Shifts in Urban Public Schools, 1987-1996
Charles T. Clotfelter
7289: Are There Returns to the Wages of Young Men from Working While in School?
V. Joseph Hotz , Lixin Colin Xu , Marta Tienda and Avner Ahituv
7288: Policies to Foster Human Capital
James J. Heckman
7287: The Evolving Market for Catastrophic Event Risk
Kenneth A. Froot
7286: The Market for Catastrophe Risk: A Clinical Examination
Kenneth A. Froot
7285: Organizational Change in French Manufacturing: What Do We Learn From Firm Representatives and From Their Employees?
Nathalie Greenan and Jacques MAIRESSE
7284: Comparing Asset Pricing Models: An Investment Perspective
Lubos Pastor and Robert F. Stambaugh
7283: Too Much of a Good Thing? The Economics of Investment in R&D
Charles . Jones and John C. Williams
7282: The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence
Olivier Blanchard and Justin Wolfers
7281: Efficiency Effects on the U.S. Economy from Wireless Taxation
Jerry Hausman
7280: The U.S. Patent System in Transition: Policy Innovation and the Innovation Process
Adam Jaffe
7279: The Concentration of Medical Spending: An Update
David M. Cutler and Ellen Meara
7278: Tradable Deficit Permits: Efficient Implementation of the Stability Pacin the European Monetary Union
Alessandra Casella
7277: Race and Home Ownership, 1900 to 1990
William J. Collins and Robert Andrew Margo
7276: Price Stability as a Target for Monetary Policy: Defining and Maintaining Price Stability
Lars E. O. Svensson
7275: Size and Growth of Japanese Plants in the United States
Bruce A. Blonigen and KaSaundra Tomlin
7274: The Effects of Direct Foreign Investment on Local Communities
David Figlio and Bruce A. Blonigen
7273: The Competition Between Competition Rules
Hans-Werner Sinn
7272: Liquidity Crises in Emerging Markets: Theory and Policy
Roberto Chang and Andres Velasco
7271: Consumption Over the Life Cycle
Pierre-Olivier Gourinchas and Jonathan A. Parker
7270: ABC at Insteel Industries
V.G. Narayanan and Ratna G. Sarkar
7269: An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output
Olivier Blanchard and Roberto Perotti
7268: Taxing Retirement Income: Nonqualified Annuities and Distributions from Qualified Accounts
Jeffrey Robert Brown , Olivia S. Mitchell , James Poterba and Mark J. Warshawsky
7267: No Contagion, Only Interdependence: Measuring Stock Market Co-movements
Kristin Forbes and Roberto Rigobon
7266: Is Hospital Competition Socially Wasteful?
Daniel P. Kessler and Mark B. McClellan
7265: International Institutions for Reducing Global Financial Instability
Kenneth S Rogoff
7264: Trade and Growth: Import-Led or Export-Led? Evidence From Japan and Korea
Robert Zachary Lawrence and David Weinstein
7263: Can Capital Mobility be Destabilizing?
Qinglai Meng and Andres Velasco
7262: Determinants of Smoking Cessation: An Analysis of Young Adult Men and Women
John A. Tauras and Frank Joseph Chaloupka
7261: Optimal Monetary Policy Inertia
Michael Woodford
7260: Quality Certification and the Economics of Contract Software Development A Study of the Indian Software Industry
Ashish Arora and Jai Asundi
7259: A Tax on Output of the Polluting Industry is Not a Tax on Pollution: The Importance of Hitting the Target
Don Fullerton , Inkee Hong and Gilbert Metcalf
7258: Is There Monopsony in the Labor Market? Evidence from a Natural Experiment
Doug Staiger , Joanne Spetz and Ciaran Phibbs
7257: The Band Pass Filter
Lawrence J. Christiano and Terry J Fitzgerald
7256: Assessing the Impact of Organizational Practices on the Productivity of University Technology Transfer Offices: An Exploratory Study
Donald S. Siegel , David Waldman and Albert N. Link
7254: Distortionary Taxation, Excessive Price Sensitivity, and Japanese Land Prices
Kiyohiko G. Nishimura , Fukujyu Yamazaki , Takako Idee and Toshiaki Watanabe
7253: Are All Banking Crises Alike? The Japanese Experience in International Comparison
Michael Mercier Hutchison and Kathleen McDill
7252: Tax Policy and Consumer Spending: Evidence from Japanese Fiscal Experiments
Katsunori Watanabe , Takayuki Watanabe and Tsutomu Watanabe
7251: Determinants of the Japan Premium: Actions Speak Louder Than Words
Joe Peek and Eric Rosengren
7250: The Japanese Banking Crisis: Where Did It Come From and How Will It End?
Takeo Hoshi and Anil K Kashyap
7249: The Dynamics of Educational Attainment for Blacks, Hispanics, and Whites
Stephen V. Cameron and James J. Heckman
7248: Local Academic Science Driving Organizational Change: The Adoption of Biotechnology by Japanese Firms
Michael Darby and Lynne G. Zucker
7247: Japan's Big Bang and the Transformation of Financial Markets
Takatoshi Ito and Michael Melvin
7246: Explaining the Cross-Section of Stock Returns in Japan: Factors or Characteristics?
Kent Daniel , Sheridan Titman and K.C. John Wei
7245: Liquidity Traps: How to Avoid Them and How to Escape Them
Willem Hendrik Buiter and Nikolaos Panigirtzoglou
7244: Tax Structure and Government Behavior: Implications for Tax Policy
Roger H. Gordon and John Douglas Wilson
7243: Worklife Determinants of Retirement Income Differentials Between Men and Women
Phillip J. Levine , Olivia S. Mitchell and John W. Phillips
7242: Violating the Law of One Price: Should We Make a Federal Case Out of It?
Charles Engel and John H. Rogers
7241: Characteristics of TQM: Evidence from the RIT/USA Today Quality Cup Competition
Joshua G. Rosett and Richard N. Rosett
7240: Social Approval, Values, and AFDC: A Re-Examination of the Illegitimacy Debate
Thomas Nechyba
7239: A Model of Multiple Districts and Private Schools: The Role of Mobility, Targeting, and Private School Vouchers
Thomas Nechyba
7238: Spendthrift in America? On Two Decades of Decline in the U.S. Saving Rate
Jonathan A. Parker
7237: Explaining the Poor Performance of Consumption-Based Asset Pricing Models
John Y. Campbell and John H. Cochrane
7236: The Extent and Consequences of Downward Nominal Wage Rigidity
Joseph G. Altonji and Paul J. Devereux
7235: Estimating Returns to Schooling When Schooling is Misreported
Thomas J. Kane , Cecilia Elena Rouse and Doug Staiger
7234: Expectations, Credibility, and Time-Consistent Monetary Policy
Peter N. Ireland
7233: Crisis Prevention: Lessons from Mexico and East Asia
Sebastian Edwards
7232: Federalism and Takeover Law: The Race to Protect Managers from Takeovers
Lucian Bebchuk and Allen Ferrell
7231: The Transmission Mechanism of Monetary Policy in Europe: Evidence from Banks' Balance Sheets
Carlo Favero , Francesco Giavazzi and Luca Flabbi