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NBER Working Papers
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5856: The Invisible Hand and the Grabbing Hand
Timothy M. Frye and Andrei Shleifer
5855: The Timing of Work Time Over Time
Daniel Hamermesh
5854: Effective Protection Redux
James E. Anderson
5853: Product Standards Coalitions in a Market Without Borders
Alessandra Casella
5852: Are Some Mutual Funds Managers Better Than Others? Cross-Sectional Patterns in Behavior and Performance
Judith Ann Chevalier and Glenn Ellison
5851: Optimal Government Spending and Taxation in Endgenous Growth Models
Giancarlo Corsetti and Nouriel Roubini
5850: Tax Burden and Migration: A Political Economy Perspective
Assaf Razin and Efraim Sadka
5849: Bank Consolidation: A Central Banker's Perspective
Frederic Mishkin
5848: The Demise of Double Liability as an Optimal Contract for Large-Bank Stockholders
Berry K. Wilson and Edward J. Kane
5847: Infrastructure Capital and Economic Growth: How Well You Use It May Be More Important Than How Much You Have
Charles R. Hulten
5846: Manufactured Inequality
Sherwin Rosen
5845: Is There a Role for Monetary Aggregates in the Conduct of Monetary Policy?
Arturo Estrella and Frederic Mishkin
5844: Neoclassical vs. Endogenous Growth Analysis: An Overview
Bennett McCallum
5843: The Effects of Short-Term Variation in Abortion Funding on Pregnancy Outcomes
Philip J Cook , Allan M. Parnell , Michael J. Moore and Deanna Pagnini
5842: When Are Fixed Exchange Rates Really Fixed?
Andres Velasco
5841: Volatility and the Investment Response
Joshua Aizenman and Nancy P. Marion
5840: The Adoption of Workers' Compensation in the United States 1900-1930
Price Vanmeter Fishback and Shawn Kantor
5839: International Implications of German Unification
Hans-Werner Sinn
5838: Do Balanced Budget Rules Work? U.S. Experience and Possible Lessons for the EMU
Robert P. Inman
5837: You Can't Take It With You? Immigrant Assimilation and the Portability of Human Capital
Rachel M. Friedberg
5836: Computers and Productivity in France: Some Evidence
Nathalie Greenan and Jacques MAIRESSE
5835: On the Validity of Season of Birth as an Instrument in Wage Equations: A Comment on Angrist & Krueger's "Does Compulsory School Attendance Affect Scho
John Bound and David A. Jaeger
5834: Medicaid and Service Use Among Homeless Adults
Sherry Glied , Christina Hoven , Robert Moore and A. Bowen Garrett
5833: Research Productivity in a System of Universities
James D. Adams and Zvi Griliches
5832: Distributional Implications of Introducing a Broad-Based Consumption Tax
William M. Gentry and Robert Glenn Hubbard
5831: Health Insurance for Poor Women and Children in the U.S.: Lessons from the Past Decade
Jonathan Gruber
5830: Conditioning Manager Alphas on Economic Information: Another Look at the Persistence of Performance
Jon A. Christopherson , Wayne Ferson and Debra A. Glassman
5829: Continuous Training in Germany
Jorn-Steffen Pischke
5828: Institutions and Labor Reallocation
Giuseppe Bertola and Richard Rogerson
5827: Trade Reform with a Government Budget Constraint
James E. Anderson
5826: Taxation and Economic Growth
Eric M. Engen and Jonathan Skinner
5825: New Activities, the Welfare Cost of Uncertainty and Investment Policies
Joshua Aizenman
5824: Liberalization of Capital Flows in Korea: Big-Bang or Gradualism?
Dongchul Cho and Youngsun Koh
5823: Changes in Wage Inequality, 1970-1990
Jacob Mincer
5822: What We Know and Do Not Know About the Natural Rate of Unemployment
Olivier Blanchard and Lawrence F. Katz
5821: Inflation, Real Interest Rates, and the Bond Market: A Study of UK Nominal and Index-Linked Government Bond Prices
David G. Barr and John Y. Campbell
5820: The Changing Structure of Cost and Demand for the U.S. Telecommunications Industry
M. Ishaq Nadiri and Banani Nandi
5819: The Underreaction Hypothesis and the New Issue Puzzle: Evidence from Japan
Jun-Koo Kang , Yong-Cheol Kim and René M. Stulz
5818: The Myth of the Patient Japanese: Corporate Myopia and Financial Distress in Japan and the US
Brian J. Hall and David Weinstein
5817: Private and Public Supply of Liquidity
Bengt Holmstrom and Jean Tirole
5816: The Econometrics of Ultra-High Frequency Data
Robert F. Engle
5815: The Taxation of Pensions: A Shelter can Become a Trap
John B. Shoven and David Wise
5814: Financial and Capital Account Liberalization in the Pacific Basin: Korea and Taiwan during the 1980's
Menzie Chinn and William F. Maloney
5813: Alternate Insurance Arrangements and the Treatment of Depression: What Are the Facts?
Ernst R. Berndt , Richard G. Frank and Thomas G. McGuire
5812: The Productivity of Nations
Robert Ernest Hall and Charles . Jones
5811: The Chilean Pension Reform: A Pioneering Program
Sebastian Edwards
5810: Balance Sheets, Multinational Financial Policy, and the Cost of Capital at Home and Abroad
Rosanne Altshuler and Harry Grubert
5809: Sticky Price Models of the Business Cycle: Can the Contract Multiplier Solve the Persistence Problem?
Varadarajan Chari , Patrick Kehoe and Ellen R. McGrattan
5808: Firm Heterogeneity, Jobs, and International Trade: Evidence from Chile
James Levinsohn
5807: The Effect of Teen Childbearing and Single Parenthood on Childhood Disabilities and Progress in School
Joshua D Angrist and Victor Chaim Lavy
5806: Sources of Convergence in the Late Nineteenth Century
Alan M. Taylor
5805: Does Head Start Help Hispanic Children?
Janet Currie and Duncan Thomas
5804: Sticky Price and Limited Participation Models of Money: A Comparison
Lawrence J. Christiano , Martin Eichenbaum and Charles L. Evans
5803: Effort, Wages and the International Division of Labor
Edward E. Leamer
5802: What Happens Within Firms? A Survey of Empirical Evidence on Compensation Policies
Canice Prendergast
5801: International R&D Spillovers, Trade and Productivity in Major OECD Countries
M. Ishaq Nadiri and Seongjun Kim
5800: Are Knowledge Spillovers International or Intranational in Scope? Microeconometric Evidence from the Japan and the United States
Lee Branstetter
5799: Australia's Retirement Income System: Implications for Saving and Capital Markets
Malcolm Edey and John Simon
5798: Convergence and International Factor Flows in Theory and History
Alan M. Taylor
5797: Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets
Lars E. O. Svensson
5796: Paying for Health Insurance: The Tradeoff between Competition and Adverse Selection
David M. Cutler and Sarah Reber
5795: Star Scientists, Institutions, and the Entry of Japanese Biotechnology Enterprises
Michael Darby and Lynne G. Zucker
5794: A Tale of Two Crises: Chile and Mexico
Sebastian Edwards
5793: Inflation and the Distribution of Price Changes
Michael F. Bryan and Stephen Cecchetti
5792: Understanding Equilibrium Models with a Small and a Large Number of Agents
Wouter J. Den Haan
5791: Current Account Sustainability: Selected East Asian and Latin American Experiences
Gian Maria Milesi-Ferrett and Assaf Razin
5790: Index Number and Factor Demand Approaches to the Estimation of Productivity
David H. Good , M. Ishaq Nadiri and Robin C. Sickles
5789: Speculative Attacks: Fundamentals and Self-Fulfilling Prophecies
Robert P. Flood and Nancy P. Marion
5788: Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis
Christopher Carroll
5787: Testing for the Fundamental Determinants of the Long-Run Real Exchange Rate: The Case of Taiwan
Hsiu-Ling Wu
5786: Measuring Short-Run Inflation for Central Bankers
Stephen Cecchetti
5785: Linear Probability Models of the Demand for Attributes with an Empirical Application to Estimating the Preferences of Legislators
James J. Heckman and James M. Snyder
5784: Do Nontraded Goods Explain the Home Bias Puzzle?
Paolo A. Pesenti and Eric van Wincoop
5783: DM-Dollar Volatility: Intraday Activity Patterns, Macroeconomic Announcements, and Longer Run Dependencies
Torben G. Andersen and Tim Bollerslev
5782: A Critical Assessment of the Role of Imperfect Competition in Macroeconomics
Dennis W. Carlton
5781: Child Support and Fathers' Remarriage and Fertility
David Bloom , Cecilia Conrad and Cynthia Miller
5780: Pension System Reform: The Mexican Case
Carlos Sales-Sarrapy , Fernando Solis-Soberon and Alejandro Villagomez
5779: Executive Compensation and the Optimality of Managerial Entrenchment
Gary Gorton and Bruce D. Grundy
5778: Children and Their Parents' Labor Supply: Evidence from Exogenous Variation in Family Size
Joshua D Angrist and William N. Evans
5777: The Long-Run U.S./U.K. Real Exchange Rate
Charles Engel and Chang-Jin Kim
5776: Simulating the Privatization of Social Security in General Equilibrium
Laurence J. Kotlikoff
5775: On the Driving Forces Behind Cyclical Movement, in Employment and Job Reallocation
Steven J. Davis and John Haltiwanger
5774: The Decline of Welfare Benefits in the U.S.: The Role of Wage Inequality
Robert Moffitt , David C. Ribar and Mark O. Wilhelm
5773: Diffusion of General Purpose Technologies
Elhanan Helpman and Manuel Trajtenberg
5772: Debt, Cash Flow and Inflation Incentives: A Swedish Example
Mats Persson , Torsten Persson and Lars E. O. Svensson
5771: The Exchange Value of the Renminbi and China's Balance of Trade: An Emp irical Study
Zhaoyong Zhang
5770: Estimating the Welfare Effects of Digital Infrastructure
Shane Mitchell Greenstein and Pablo T. Spiller
5769: Do Markets Respond More to More Reliable Labor Market Data? A Test of Market Rationality
Alan B. Krueger
5768: Trade and Environment Beyond Singapore
John Whalley
5767: Aggregate Employment Fluctuations with Microeconomic Asymmetries
Jeffrey R. Campbell and Jonas D.M. Fisher
5766: A Model of Foreign Exchange Rate Indetermination
Charles Engel
5765: Non-Monetary Exchange Within Firms and Industry
Canice Prendergast and Lars A Stole
5764: What Does the Bundesbank Target?
Ben S. Bernanke and Ilian Mihov
5763: The Wages and Language Skills of U.S. Immigrants
Geoffrey Carliner
5762: Individual Financial Decisions in Retirement Saving Plans and The Provision of Resources for Retirement
James Poterba and David Wise
5761: The Transition Path in Privatizing Social Security
Martin S. Feldstein and Andrew Alan Samwick
5760: Mortality Contingent Claims, Health Care, and Social Insurance
Tomas J Philipson and Gary S. Becker
5759: The Effects of Tax-Based Saving Incentives On Saving and Wealth
Eric M. Engen , William Glenn Gale and John Karl Scholz
5758: Financial Dependence and Growth
Raghuram G. Rajan and Luigi Zingales
5757: The Macroeconomics of Specificity
Ricardo J. Caballero and Mohamad L. Hammour