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NBER Working Papers
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6656: Are Insiders' Trades Informative?
Josef Lakonishok and Inmoo Lee
6655: Financial Consolidation: Dangers and Opportunities
Frederic Mishkin
6654: Notes on Growth Accounting
Robert J. Barro
6653: Meals on Wheels: Restaurant and Home Meal Production and the Exemption of Food from Sales and Value Added Taxes
Aled ab Iorwerth and John Whalley
6652: Investment, Fundamentals and Finance
Simon Gilchrist and Charles Himmelberg
6651: Minimum Wages and Training Revisited
David Neumark and William Wascher
6650: Is Job Stability in the US Falling? Reconciling Trends in the Current Population Survey and Panel Study of Income Dynamics
David A. Jaeger and Ann Huff Stevens
6649: Bank Capital and Portfolio Management: The 1930's Capital Crunch and Scramble to Shed Risk
Charles W. Calormiris and Berry Wilson
6648: Performance Evaluation with Transactions Data: The Stock Selection of Investment Newsletters
Andrew Metrick
6647: Accounting for Growth
Jeremy Greenwood and Boyan Jovanovic
6646: A Frictionless View of U.S. Inflation
John H. Cochrane
6645: How Will Defined Contribution Pension Plans Affect Retirement Income?
Andrew Alan Samwick and Jonathan Skinner
6644: Fee Speech: Adverse Selection and the Regulation of Mutual Funds
Sanjiv Ranjan Das and Rangarajan K. Sundaram
6643: Labor Market Integration Before the Civil War
Robert Andrew Margo
6642: Provide, Provide: The Economics of Aging
Victor R. Fuchs
6641: Social Security and Institutions for Intergenerational, Intragenerational, and International Risk Sharing
Robert J. Shiller
6640: Tax Reform and Target Savings
Andrew Alan Samwick
6639: On the Regulation of Fee Structures in Mutual Funds
Sanjiv Ranjan Das and Rangarajan K. Sundaram
6638: Wages, Skills, and Technology in the United States and Canada
Kevin M. Murphy , W. Craig Riddell and Paul Michael Romer
6637: What Drives Deregulation? Economics and Politics of the Relaxation of Bank Branching Restrictions
Randall S. Kroszner and Philip E. Strahan
6636: What Hides Behind an Umemployment Rate: Comparing Portuguese and U.S. Unemployment
Olivier Blanchard and Pedro Portugal
6635: A Direct Approach to Arbitrage-Free Pricing of Credit Derivatives
Sanjiv Ranjan Das and Rangarajan K. Sundaram
6634: The Other Side of the Tradeoff: The Impact of Risk on Executive Compensation
Rajesh K. Aggarwal and Andrew Alan Samwick
6633: Capital Movements, Asset Values, and Banking Policy in Globalized Markets
Edward J. Kane
6632: What Do Technology Shocks Do?
John Shea
6631: Poisson-Guassian Processes and the Bond Markets
Sanjiv Ranjan Das
6630: The Immigrant and Native-born Wage Distributions: Evidence from United States Censuses
Kristin F. Butcher and John Enrico DiNardo
6629: The Effects of Alcohol Regulation on Physical Child Abuse
Sara Markowitz and Michael Grossman
6628: Overcoming Informational Barriers to International Resource Allocation: Prices and Group Ties
James E. Rauch and Alessandra Casella
6627: Optimal Investment, Growth Options, and Security Returns
Jonathan Berk , Richard C. Green and Vasant Naik
6626: Efforts and Wages: A New Look at the Inter-Industry Wage Differentials
Edward E. Leamer and Christopher Thornberg
6625: Corporate Ownership Around the World
Rafael La Porta , Florencio Lopez- de-Silane and Andrei Shleifer
6624: Comparing Capital Mobility Across Provincial and National Borders
John F. Helliwell and Ross R. McKitrick
6623: Derivatives in International Capital Flows
Peter M. Garber
6622: Setting the X Factor in Price Cap Regulation Plans
Jeffrey . Bernstein and David E. M. Sappington
6621: Taxation and the Labor Supply: Decisions of the Affluent
Robert Moffitt and Mark O. Wilhelm
6620: Current Account Reversals and Currency Crises: Empirical Regularities
Gian Maria Milesi-Ferrett and Assaf Razin
6619: Notes on the Role of TARGET in a Stage III Crisis
Peter M. Garber
6618: Interest-Rate Rules in an Estimated Sticky Price Model
Julio Rotemberg and Michael Woodford
6617: Junior Can't Borrow: A New Perspective on the Equity Premium Puzzle
George M. Constantinidies , John B. Donaldson and Rajnish Mehra
6616: Capital Gains Tax Rules, Tax Loss Trading and Turn-of-the-Year Returns
James Poterba and Scott J. Weisbenner
6615: Investment Ramifications of Distortionary Tax Subsidies
James R. Hines
6614: Coveting Thy Neighbor's Manuafacturing: The Dilemma of State Income Apportionment
Austan Goolsbee and Edward L Maydew
6613: Crime and the Timing of Work
Daniel Hamermesh
6612: Who Gives Foreign Aid to Whom and Why?
Alberto Alesina and David Dollar
6611: Approximate Equilibrium Asset Prices
Fernando Restoy and Philippe Weil
6610: The Pay-As-You-Go Pension System as a Fertility Insurance and Enforcement Device
Hans-Werner Sinn
6609: International Trade and American Wages in General Equilibrium, 1967 - 1995
James Harrigan
6608: The Liquidity Effect and Long-Run Neutrality
Ben S. Bernanke and Ilian Mihov
6607: A Comparison of Linear and Nonlinear Univariate Models for Forecasting Macroeconomic Time Series
James H. Stock and Mark W. Watson
6606: Financial Crises in Emerging Markets
Roberto Chang and Andres Velasco
6605: What Does Affirmative Action Do?
Harry J. Holzer and David Neumark
6604: The Simple Economics of Labor Standards and the GATT
Kyle Bagwell and Robert W. Staiger
6603: Social Security's Treatment of Postwar Americans
Steven Caldwell , Melissa M. Favreault , Alla Gantman , Jagadeesh Gokhale and Thomas Johnson
6602: What Do Prosecutors Maximize? An Analysis of Drug Offenders and Concurrent Jurisdiction
Edward Ludwig Glaeser , Daniel P. Kessler and Anne Morrison Piehl
6601: The Allocation of Publicly-Funded Biomedical Research
Frank Lichtenberg
6600: An Empirical Framework for Testing Theories About Complimentarity in Organizational Design
Susan Athey and Scott Stern
6599: Performance of Operational Policy Rules in an Estimated Semi-Classical Structural Model
Bennett McCallum and Edward Nelson
6598: The US-China Bilateral Trade Balance: Its Size and Determinants
Robert C. Feenstra , Wen Hai , Wing Thye Woo and Shunli Yao
6597: Another Look at Long-Run Money Demand
Laurence Ball
6596: Medicare from the Perspective of Generational Accounting
Jagadeesh Gokhale and Laurence J. Kotlikoff
6595: The Adoption and Impact of Advanced Emergency Response Services
Susan Athey and Scott Stern
6594: Agency Problems and Dividend Policies Around the World
Rafael La Porta , Florencio Lopez- de-Silane , Andrei Shleifer and Robert W. Vishny
6593: The Demand for Money, Financial Innovation, and the Welfare Cost of Inflation: An Analysis with Household Data
Orazio Attanasio , Luigi Guiso and Tullio Jappelli
6592: An Economic Analysis of a Drug-Selling Gang's Finances
Steven Levitt and Sudhir Alladi Venkatesh
6591: What Are the Results of Product-Price Studies and What Can We Learn From Their Differences?
Matthew J. Slaughter
6590: Managing Annual Accounting Reports to Avoid State Taxes: An Analysis of Property-Casualty Insurers
Kathy R. Petroni and Douglas A. Shackelford
6589: Lobbying and Legislative Bargaining
Elhanan Helpman and Torsten Persson
6588: Education and Borrowing Constraints: Tests vs. Prices
Raquel Fernandez
6587: North American Economic Integration and Industry Location
Gordon Hanson
6586: Causal Effects in Non-Experimental Studies: Re-Evaluating the Evaluation of Training Programs
Rajeev Dehejia and Sadek Wahba
6585: Substitution over Time: Another Look at Life Cycle Labor Supply
Casey Mulligan
6584: The Economics of Taxing the Rich
Joel Slemrod
6583: Did Steve Forbes Scare the Municipal Bond Market?
Joel Slemrod and Timothy Greimel
6582: A General Model of the Behavioral Response to Taxation
Joel Slemrod
6581: Youth Labor Markets in the U.S.: Shopping Around vs. Staying Put
David Neumark
6580: A New Model of Quality
Kala Krishna and Tor Winston
6579: Globalization and the Market for Teammates
Edward Lazear
6578: Income Taxes and Entrepreneurs' Use of Labor
Robert Carroll , Douglas Holtz-Eakin , Mark Rider and Harvey Rosen
6577: The Role of Leasing under Adverse Selection
Igal Hendel and Alessandro Lizzeri
6576: Are "Real" Responses to Taxes Simply Income Shifting Between Corporate and Personal Tax Bases?
Roger H. Gordon and Joel Slemrod
6575: The Determinants of Income Tax Compliance: Evidence from a Controlled Experiment in Minnesota
Marsha Blumenthal , Charles Christian and Joel Slemrod
6574: Hedonic Analysis of Arthritis Drugs
Iain M. Cockburn and Aslam H. Anis
6573: Labor Market Information and Wage Differentials by Race and Sex
David Neumark
6572: How are Stock Prices Affected by the Location of Trade?
Kenneth A. Froot and Emil Dabora
6571: Understanding Increasing and Decreasing Wage Inequality
Andrew B. Bernard and J. Bradford Jensen
6570: Robustness of Simple Monetary Policy Rules under Model Uncertainty
Andrew Theo Levin , Volker Wieland and John C. Williams
6569: Pharmaceutical Innovation, Mortality Reduction, and Economic Growth
Frank Lichtenberg
6568: Does Cultural Origin Affect Saving Behavior? Evidence from Immigrants
Christopher Carroll , Byung-Kun Rhee and Changyong Rhee
6567: Asset Holding and Consumption Volatility
Orazio Attanasio , James Banks and Sarah Tanner
6566: Revisiting European Unemployment: Unemployment, Capital Accumulation, and Factor Prices
Olivier Blanchard
6565: Does the Sector Bias of Skill-Biased Technical Change Explain Changing Wage Inequality?
Jonathan E. Haskel and Matthew J. Slaughter
6564: Why Do Some Countries Produce So Much More Output per Worker than Others?
Robert Ernest Hall and Charles . Jones
6563: Currency Crisis and Unemployment: Sterling in 1931
Barry Julian Eichengreen and Olivier Jeanne
6562: Trade Policy and Economic Performance in Sub-Saharan Africa
Dani Rodrik
6561: Outside Equity Financing
Stewart C. Myers
6560: Intertemporal Choice and the Cross-Sectional Variance of Marginal Utility
Orazio Attanasio and Tullio Jappelli
6559: The Global Capital Market: Benefactor or Menace?
Maurice Obstfeld
6558: Productivity and the Decision to Export: Micro Evidence from Taiwan and South Korea
Bee Yan Aw , Sukkyun Chung and Mark J. Roberts
6557: International Trade and Per Capita Income Convergence: A Difference-in-Differences Analysis
Matthew J. Slaughter