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NBER Working Papers
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6170: Price Stability vs. Low Inflation in Germany: An Analysis of Costs and Benefits
Karl-Heinz Todter and Gerhard Ziebarth
6169: Social Security and Retirement in Belgium
Pierre Pestieau and Jean-Philippe C Stijns
6168: What Happens When Countries Peg Their Exchange Rates? (The Real Side of Monetary Reforms)
Sergio T Rebelo
6167: The Transition in East Germany: When is a Ten Point Fall in the Gender Wage Gap Bad News?
Jennifer Hunt
6166: Implications of Skill-Biased Technological Change: International Evidence
Eli Berman , John Bound and Stephen Machin
6165: Mexico's 1994 Exchange Rate Crisis Interpreted in Light of the Non-Traded Model
Andrew M. Warner
6164: Selection, Marketing, and Medicaid Managed Care
Sherry Glied , Jane Sisk , Sheila Gorman and Michael Ganz
6163: Economic Integration and Political Disintegration
Alberto Alesina , Enrico Spolaore and Romain Wacziarg
6162: Is Real Exchange Rate Mean Reversion Caused By Arbitrage?
Jose Manuel Campa and Holger C. Wolf
6161: Does Favorable Tax-Treatment of Housing Reduce Equipment Investment?
Ben Broadbent and Michael Kremer
6160: Effects of Air Quality Regulation on in Polluting Industries
Randy A. Becker and J. Vernon Henderson
6159: Beyond Balanced Growth
Piyabha Kongsamut , Sergio T Rebelo and Danyang Xie
6158: Optimal Risk Management Using Options
Dong-Hyun Ahn , Jacob Boudoukh , Matthew Richardson and Robert F. Whitelaw
6157: Inflation Forecasts and Monetary Policy
Ben S. Bernanke and Michael Woodford
6156: Social Security and Retirement in Japan
Takashi Oshio and Naohiro Yashiro
6155: Social Security and Retirement in Italy
Agar Brugiavini
6154: Pensions and Retirement in the UK
Richard Blundell and Paul Johnson
6153: Social Security and Retirement in Germany
Axel Borsch-Supan and Reinhold Schnabel
6152: Evaluating Trade Reform Using Ex-Post Criteria
Jiandong Ju and Kala Krishna
6151: Why do Economists Disagree About Policy?
Victor R. Fuchs , Alan B. Krueger and James Poterba
6150: The Political Economy of the European Economic and Monetary Union: Political Sources of an Economic Liability
Martin S. Feldstein
6149: Transition to a Fully Funded Pension System: Five Economic Issues
Martin S. Feldstein
6148: The Mix and Scale of Factors with Irreversibility and Fixed Costs of Investment
Andrew Abel and Janice Eberly
6147: "Peso Problem" Explanations for Term Structure Anomalies
Geert Bekaert , Robert James Hodrick and David A. Marshall
6146: Observations and Conjectures on the U.S. Employment Miracle
Alan B. Krueger and Jorn-Steffen Pischke
6145: How Costly is Financial (not Economic) Distress? Evidence from Highly Leveraged Transactions that Became Distressed
Gregor Andrade and Steven Neil Kaplan
6144: Why the United States Led in Education: Lessons from Secondary School Expansion, 1910 to 1940
Claudia Goldin and Lawrence F. Katz
6143: The Objectives of the FDA's Office of Generic Drugs
Fiona Scott Morton
6142: Adapting to Circumstances: The Evolution of Work, School, and Living Arrangements Among North American Youth
David E. Card and Thomas Lemieux
6141: What Drives Public Employment?
Dani Rodrik
6140: Managed Care and the Growth of Medical Expenditures
David M. Cutler and Louise Sheiner
6139: Why Did the SSI-Disabled Program Grow So Much? Disentangling the Effect of Medicaid
Aaron Yelowitz
6138: Comparison Utility in a Growth Model
Christopher Carroll , Jody Robert Overland and David N. Weil
6137: Social Security, Occupational Pensions, and Retirement in Sweden
Mårten Palme and Ingemar Svensson
6136: Social Security and Retirement in Spain
Michele Boldrin , Sergi Jimenez-Martni and Franco Peracchi
6135: Social Security and Retirement in The Netherlands
Arie Kapteyn and Klaas de Vos
6134: Social Security Programs and Retirement Around the World: Introduction and Summary of Papers by
Jonathan Gruber and David Wise
6133: Human Capital, Unemployment, and Relative Wages in a Global Economy
Donald R. Davis and Trevor A. Reeve
6132: Cohort Patterns in Canadian Earnings: Assessing the Role of Skill Premia in Inequality Trends
Paul Beaudry and David A. Green
6131: Openness, Specialization, and Productivity Growth in Less Developed Countries
Diana Weinhold and James E. Rauch
6130: Nonparametric Risk Management and Implied Risk Aversion
Yacine Ait-Sahalia and Andrew W. Lo
6129: Measuring, Forecasting and Explaining Time Varying Liquidity in the Stock Market
Robert F. Engle and Joe Lange
6128: Specification Analysis of Affine Term Structure Models
Qiang Dai and Kenneth J. Singleton
6127: Do Minimum Wages Fight Poverty?
David Neumark and William Wascher
6126: Inflation Targeting: Lessons from Four Countries
Frederic Mishkin and Adam Simon Posen
6125: The Effect of U.S. Supreme Court Ruling Sullivan v. Zebley on Child SSI and AFDC Enrollment
A. Bowen Garrett and Sherry Glied
6124: Dynamic Modeling of the Product Life Cycle in the Commercial Mainframe Computer Market, 1968-1982
Shane Mitchell Greenstein and James B. Wade
6123: Controlled Openness and Foreign Direct Investment
Joshua Aizenman and Sang-Seung Yi
6122: Strategies for Controlling Inflation
Frederic Mishkin
6121: Estimation of Cross-Country Differences in Industry
James Harrigan
6120: How to Compete: The Impact of Workplace Practices and Information Technology on Productivity
Sandra E. Black and Lisa Lynch
6119: Quantifying the Current U.S. Fiscal Imbalance
Alan Auerbach
6118: Why are Worker Cooperatives So Rare?
Michael Kremer
6117: Misconceptions and Political Outcomes
David Romer
6116: Taxed Avoidance: American Participation in Unsanctioned International Boycotts
James R. Hines
6115: Violations of the `Rules of the Game' and the Credibility of the Classical Gold Standard, 1880-1914
Michael David Bordo and Ronald MacDonald
6114: The Medical Costs of The Young and Old: A Forty Year Perspective
David M. Cutler and Ellen Meara
6113: Trade and Transmission of Technology
Wolfgang Keller
6112: Interests, Institutions, and Ideology in the Republican Conversion to Trade Liberalization, 1934-1945
Douglas A. Irwin and Randall S. Kroszner
6111: Minimum Wages and Youth Employment in France and the United States
John M. Abowd , Francis Kramarz , Thomas Lemieux and David N. MARGOLIS
6110: The Costs of Hiring and Separations
John M. Abowd and Francis Kramarz
6109: Internal and External Labor Markets: An Analysis of Matched Longitudinal Employer-Employee Data
John M. Abowd and Francis Kramarz
6108: The Usual Suspects? Productivity and Demand Shocks and Asia-Pacific Real Exchange Rates
Menzie Chinn
6107: Adverse Selection in Health Insurance
David M. Cutler and Richard J. Zeckhauser
6106: Income, Schooling, and Ability: Evidence from a New Sample of Identical Twins
Orley Ashenfelter and Cecilia Rouse
6105: The Sensitivity of Experimental Impact Estimates: Evidence from the National JTPA Study
James J. Heckman and Jeffrey Andrew Smith
6104: An Empirical Investigation of Firms' Responses to Minimum Standards Regulations
Tasneem Chipty and Ann Dryden Witte
6103: Saving, Investment, and Gold: A Reassessment of Historical Current Account Data
Matthew T. Jones and Maurice Obstfeld
6102: The Rising Well-Being of the Young
David G. Blanchflower and Andrew J. Oswald
6101: R&D and Productivity: The International Connection
Elhanan Helpman
6100: Changes Over Time in Union Relative Wage Effects in Great Britain and the United States
David G. Blanchflower
6099: The Structure of Firm R&D and the Factor Intensity of Production
James D. Adams
6098: The Risk and Return from Factors
Louis K. C. Chan , Jason Karceski and Josef Lakonishok
6097: Social Security and Retirement in the U.S
Peter A. Diamond and Jonathan Gruber
6096: International Trade and Structural Change
Dan Ben-David and David H. Papell
6095: Free Trade, Growth, and Convergence
Dan Ben-David and Michael Loewy
6094: Financial Fragility and the Great Depression
Russell Cooper and P. Dean Corbae
6093: Economic Geography and Reginal Production Structure: An Empirical Investigation
Donald R. Davis and David Weinstein
6092: Monetary Policy in Japan, Germany and the United States: Does One Size Fit All?
Menzie Chinn and Michael Dooley
6091: Environmental Controls, Scarcity Rents, and Pre-Existing Distortions
Don Fullerton and Gilbert Metcalf
6090: Tariff Policy for a Monopolist Under Incomplete Information
Dobrin R. Kolev and Thomas J. Prusa
6089: "The Bigger They Are, The Harder They Fall": How Price Differences Across U.S. Cities Are Arbitraged
Paul G. J. O'Connell and Shang-Jin Wei
6088: Age Discrimination Laws and Labor Market Efficiency
David Neumark and Wendy A. Stock
6087: Physician Fee Policy and Medicaid Program Costs
Jonathan Gruber , Kathleen Adams and Joseph Newhouse
6086: Contract Renegotiation in Agency Problems
Aaron Edlin and Benjamin E. Hermalin
6085: Education and Saving: The Long-Term Effects of High School Financial Curriculum Mandates
B. Douglas Bernheim , Daniel M. Garrett and Dean M. Maki
6084: Rational Atrophy: The US Steel Industry
Aaron Tornell
6083: Business Success and Businesses' Beauty Capital
Ciska M. Bosman , Gerard Pfann , Jeff E. Biddle and Daniel Hamermesh
6082: Teen Drinking and Education Attainment: Evidence From Two-Sample Instrumental Variables (TSIV) Estimates
Thomas Dee and William N. Evans
6081: Unemployment Expectations, Jumping (S,s) Triggers, and Household Balance Sheets
Christopher Carroll and Wendy E. Dunn
6080: Contagion and Volatility with Imperfect Credit Markets
Pierre-Richard Agénor and Joshua Aizenman
6079: From Socialist Showcase to Mezzogiorno? Lessons on the Role of Technical Change from East Germany's Post-World War II Growth Performance
Wolfgang Keller
6078: Gender and Youth Employment Outcomes: The US and West Germany, 1984-91
Francine Blau and Lawrence Kahn
6077: Merger Policies and Trade Liberalization
Henrik Horn and James Levinsohn
6076: The Home Market, Trade, and Industrial Structure
Donald R. Davis
6075: Output Price and Markup Dispersion in Micro Data: The Roles of Producer Heterogeneity and Noise
Mark J. Roberts and Dylan Supina
6074: Measuring the Energy Savings from Home Improvement Investments: Evidence from Monthly Billing Data
Gilbert Metcalf and Kevin Allen Hassett
6073: Measuring Market Integration: A Model of Arbitrage with an Econometric Application to the Gold Standard, 1879-1913
Gauri Prakash and Alan M. Taylor
6072: Eurowinners and Eurolosers: The Distribution of Seigniorage Wealth in EMU
Hans-Werner Sinn and Holger Feist
6071: Money, Sticky Wages, and the Great Depression
Michael David Bordo , Christopher John Erceg and Charles N. Evans