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NBER Working Papers
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6556: Subsidiarity and the European Union
Robert P. Inman and Daniel L. Rubinfeld
6555: Macroeconomic Policy and Institutions During the Transition to European Union Membership
William H. Branson , Jorge A. Braga de Macedo and Juergen von Hagen
6554: Parental Leave and Child Health
Christopher Ruhm
6553: Bad News Travels Slowly: Size, Analyst Coverage and the Profitability of Momentum Strategies
Harrison Hong , Terence Lim and Jeremy C. Stein
6552: Moral Hazard in Home Equity Conversion
Robert J. Shiller and Allan N. Weiss
6551: Adjusting to a New Technology: Experience and Training
Elhanan Helpman and Antonio Rangel
6550: Were the Good Old Days That Good? Changes in Managerial Stock Ownership Since the Great Depression
Clifford G. Holderness , Randall S. Kroszner and Dennis P. Sheehan
6549: Why Do the Rich Save So Much?
Christopher Carroll
6548: The Effect of Old Age Assistance on Retirement
Leora Friedberg
6547: The Rise in Old Age Longevity and the Market for Long-Term Care
Darius Lakdawalla and Tomas J Philipson
6546: A Distributional Analysis of an Environmental Tax Shift
Gilbert Metcalf
6545: Open-Economy Inflation Targeting
Lars E. O. Svensson
6544: Incentive Contracting and the Franchise Decision
Francine Lafontaine and Margaret Emily Slade
6543: Forward-Looking Rules for Monetary Policy
Andrew G. Haldane and Nicoletta Batini
6542: Evaluating the Welfare State
James J. Heckman and Jeffrey Andrew Smith
6541: An Examination of Gender and Race Differences in Youth Smoking Responsiveness to Price and Tobacco Control Policies
Frank Joseph Chaloupka and Rosalie Liccardo Pacula
6540: Maintaining Social Security Benefits and Tax Rates through Personal Retirement Accounts: An Update Based on the 1998 Social Security Trustees Report
Martin S. Feldstein and Andrew Alan Samwick
6539: A Re-Examination of the Conglomerate Merger Wave in the 1960s: An Internal Capital Markets View
Robert Glenn Hubbard and Darius Palia
6538: Export Entry and Exit by German Firms
Andrew B. Bernard and Joachim Wagner
6537: The Shaping of Higher Education: The Formative Years in the United States, 1890 to 1940
Claudia Goldin and Lawrence F. Katz
6536: The Effects of Minimum Wages on the Distribution of Family Incomes: A Non-Parametric Analysis
David Neumark , Mark Schweitzer and William Wascher
6535: Diversity and Immigration
Edward Lazear
6534: New Evidence on Pensions, Social Security, and the Timing of Retirement
Andrew Alan Samwick
6533: Taxation and the Sources of Growth: Estimates from United States Multinational Corporations
Jason G. Cummins
6532: Does Government R&D Policy Mainly Benefit Scientists and Engineers?
Austan Goolsbee
6531: What Determines Individual Trade Policy Preferences?
Kenneth F. Scheve and Matthew J. Slaughter
6530: Capital Flows to Emerging Markets: Liberalization, Overshooting, and Volatility
Philippe Bacchetta and Eric van Wincoop
6529: On Theories Explaining the Success of the Gravity Equation
Simon John Evenett and Wolfgang Keller
6528: Business Cycle Fluctuations in U.S. Macroeconomic Time Series
James H. Stock and Mark W. Watson
6527: Medicaid Expansions and The Crowding Out of Private Health Insurance
Esel Y. Yazici and Robert John Kaestner
6526: Investment Subsidies and Wages in Capital Goods Industries: To the Workers Go the Spoils?
Austan Goolsbee
6525: Taxes and Investment in Annuities
William M. Gentry and Joseph Milano
6524: Privatization in Emerging Markets
Joshua Aizenman
6523: Managed Care Provider Volume
Sarah Feldman and David Scharfstein
6522: Notes on "A Code for Fiscal Stability"
Willem Hendrik Buiter
6521: An Economic Analysis of Transnational Bankruptcies
Lucian Bebchuk and Andrew T. Guzman
6520: Falling Union Membership and Rising Wage Inequality: What's the Connection?
David E. Card
6519: The More Things Change: Immigrants and the Children of Immigrants in the 1940s, the 1970s, and the 1990s
David E. Card , John Enrico DiNardo and Eugena Estes
6518: Rethinking the Role of NAIRU in Monetary Policy: Implications of Model Formulation and Uncertainty
Arturo Estrella and Frederic Mishkin
6517: Vertical Externalities in Tax Setting: Evidence from Gasoline and Cigarettes
Timothy J. Besley and Harvey Rosen
6516: The Morning After: The Mexican Peso in the Aftermath of the 1994 Currency Crisis
Sebastian Edwards and Miguel A. Savastano
6515: Changing Inequality in Markets for Workplace Amenities
Daniel Hamermesh
6514: The Costs and Benefits of Intensive Treatment for Cardiovascular Disease
David M. Cutler , Mark McClellan and Joseph Newhouse
6513: How Much is Enough? Efficiency and Medicare Spending in the Last Six Months of Life
Jonathan Skinner and John E. Wennberg
6512: Policy Rules for Inflation Targeting
Glenn D. Rudebusch and Lars E. O. Svensson
6511: Social Security, Economic Growth, and the Rise in Independence of Elderly Widows in the 20th Century
Kathleen McGarry and Robert F. Schoeni
6510: The Political Economy of Unilateral Trade Liberalization: The Case of Chile
Sebastian Edwards and Daniel Lederman
6509: The Effect of Offer-of-Settlement Rules on the Terms of Settlement
Lucian Bebchuk and Howard F. Chang
6508: Regime Switches in Interest Rates
Andrew Ang and Geert Bekaert
6507: International Knowledge Flows: Evidence from Patent Citations
Adam Jaffe and Manuel Trajtenberg
6506: The Economic Progress of Immigrants
George Borjas
6505: Valuing the Futures Market Clearinghouse's Default Exposure During the 1987 Crash
David Bates and Roger Craine
6504: The Wage and the Length of the Work Day: From the 1890s to 1991
Dora L. Costa
6503: Health Problems as Determinants of Retirement: Are Self-Rated Measures Endogenous?
Debra Sabatini Dwyer and Olivia S. Mitchell
6502: Why Aren't Savings Rates in Latin America Procyclical?
Philip Lane and Aaron Tornell
6501: Labor-Market Frictions and Employment Fluctuations
Robert Ernest Hall
6500: It'll Only Hurt a Second? Microeconomic Determinants of Who Gets Flu Shots
John Mullahy
6499: Producers and Predators
Herschel . Grossman
6498: Voracity and Growth
Aaron Tornell and Philip Lane
6497: Reform from Within
Aaron Tornell
6496: Mentoring and Diversity
Susan Athey , Christopher N. Avery and Peter Zemsky
6495: The Current Account and the Real Exchange Rate: A Structural VAR Analysis of Major Currencies
Jaewoo Lee and Menzie Chinn
6494: Optimal CO2 Abatement in the Presence of Induced Technological Change
Lawrence H. Goulder and Koshy Mathai
6493: Effects of Information Provision in an Vertically Differentiated Market
Tasneem Chipty and Ann Dryden Witte
6492: Staggered Price Setting and Endogenous Persistence
Paul Bergin and Robert C. Feenstra
6491: Before the Fall: Were East Asian Currencies Overvalued?
Menzie Chinn
6490: Costs of Equity Capital and Model Mispricing
Lubos Pastor and Robert F. Stambaugh
6489: Less-Skilled Workers, Welfare Reform, and the Unemployment Insurance System
Cynthia K. Gustafson and Phillip B. Levine
6488: The Effect of Price Advertising and Prices: Evidence in the Wake of 44 Liquormart
Jeffrey Milyo and Joel Waldfogel
6487: Applying Behavioral Economics to the Challenge of Reducing Cocaine Abuse
Stephen T. Higgins
6486: Tobacco Taxes, Smoking Restrictions, and Tobacco Use
Robert L. Ohsfeldt , Raymond G. Boyle and Eli L. Capilouto
6485: Asset Prices, Consumption, and the Business Cycle
John Y. Campbell
6484: Using Sentence Enhancements to Distinguish between Deterrence and Incapacitation
Daniel Kessler and Steven Levitt
6483: Multiproduct Multinationals and Reciprocal FDI Dumping
Richard Baldwin and Gianmarco .P. Ottaviano
6482: Why Are Process Monitoring Technologies Valuable? The Use of On-Board Information Technology in the Trucking Industry
Thomas N. Hubbard
6481: Differentiated Products Demand Systems from a Combination of Micro and Macro Data: The New Car Market
Steven Berry , James Levinsohn and Ariel Pakes
6480: Thresholds and Context Dependence in Growth
Atish Ghosh and Holger Wolf
6479: Illegal Child Labor in the United States: Prevalence and Characteristics
Douglas Kruse and Douglas Mahony
6478: Social Security Benefits of Immigrants and U.S. Born
Alan L. Gustman and Thomas L. Steinmeier
6477: Incremental Trade and Endogenous Growth: A q-Theory Approach
Richard Baldwin and Rikard Forslid
6476: Asset Pricing when Risk Sharing is Limited by Default
Fernando Alvarez and Urban Joseph Jermann
6475: Total Factor Productivity Growth in the Canadian Life Insurance Industry: 1979-1989
Jeffrey . Bernstein
6474: Negative Expected Value Suits
Lucian Bebchuk
6473: Chapter 11
Lucian Bebchuk
6472: The Uneasy Case for the Priority of Secured Claims in Bankruptcy: Further Thoughts and a Reply to Critics
Lucian Bebchuk and Jesse Fried
6471: Is the Price Level Determined by the Needs of Fiscal Solvency?
Matthew Buford Canzoneri , Robert E. Cumby and Behzad T. Diba
6470: Government Debt
Douglas W. Elmendorf and N. Gregory Mankiw
6469: Financial Fragility and the Exchange Rate Regime
Roberto Chang and Andres Velasco
6468: Current Account Sustainability in Transition Economies
Nouriel Roubini and Paul Wachtel
6467: Stock Repurchases and Incentive Compensation
Christine Jolls
6466: Consumption Demand
Orazio Attanasio
6465: Transition to and Tax Rate Flexibility in a Cash-Flow Type Tax
David F. Bradford
6464: The Cost-Effectiveness of Alternative Instruments for Environmental Protection in a Second-Best Setting
Lawrence H. Goulder , Ian Parry , Roberton C. Williams and Dallas Burtraw
6463: An Empirical Analysis of the Potential for Market Power in California's Electricity Industry
Severin Borenstein and James Bushnell
6462: Tax Policy and Human Capital Formation
James J. Heckman , Lance Lochner and Christopher Taber
6461: The Value of MFN Treatment
Madanmohan Ghosh , Carlo Perroni and John Whalley
6460: The Institutional Context and Manufacturing Performance: The Case of the U.S. Defense Industrial Network
Maryellen R. Kelley and Cynthia R. Cook
6459: Agglomeration and Endogenous Capital
Richard Baldwin
6458: Global Income Divergence, Trade and Industrializatiion: The Geography of Growth Take-Offs
Richard Baldwin , Philippe Martin and Gianmarco .P. Ottaviano
6457: Household Savings in Transition Economies
Cevdet A. Denizer and Holger C. Wolf