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NBER Working Papers
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4156: Testing Long Run Neutrality
Robert G. King and Mark W. Watson
4155: An Economic Analysis of Life Care
Jonathan Feinstein and Edward G. Keating
4154: A Comparative Analysis of East and West German Labor Markets: Before and After Unification
Alan B. Krueger and Jorn-Steffen Pischke
4153: Black-Markets for Currency, Hoarding Activity and Currency Reform
Linda S. Goldberg and Il'dar Karimov
4152: The Automobile Industry and The Mexico-Us Free Trade Agreement
Steven Berry , Vittorio Grilli and Florencio Lopez-de-Silanes
4151: Exchange Rates and Corporate Pricing Strategies
Michael M. Knetter
4150: Remeasuring Business Cycles
Christina Duckworth Romer
4149: Protection For Sale
Gene Grossman and Elhanan Helpman
4148: General Purpose Technologies "Engines of Growth?"
Timothy Bresnahan and Manuel Trajtenberg
4147: The Risk and Duration of Catastrophic Health Care Expenditures
Daniel Richard Feenberg and Jonathan Skinner
4146: Ivory Tower Versus Corporate Lab: An Empirical Study of Basic Research and Appropriability
Manuel Trajtenberg , Rebecca M. Henderson and Adam Jaffe
4145: Discouraging Rivals: Managerial Rent-Seeking and Economic Inefficiencies
Joseph E. Stiglitz and Aaron Edlin
4144: Solow and the States: Capital Accumulation, Productivity and Economic Growth
Douglas Holtz-Eakin
4143: Estimates of the Economic Return to Schooling from a New Sample of Twins
Alan B. Krueger and Orley Ashenfelter
4142: The Effects of High School Curriculum on Education and Labor Market Outcomes
Joseph G. Altonji
4141: Three Perspectives on the Bretton Woods System
Barry Julian Eichengreen
4140: Global Versus Country-Specific Productivity Shocks and the Current Account
Reuven Glick and Kenneth S Rogoff
4139: Determinants of Interest Rates on Tax-Exempt Hospital Bonds
Fred Goldman , Michael Grossman , Susan W. Nesbitt and Pamela Mobilia
4138: Do Gasoline Prices Respond Asymmetrically to Crude Oil Price Changes?
Severin Borenstein and A. Colin Cameron
4137: Wealth Mobility in America: A View from the National Longitudinal Survey
Richard H. Steckel and Jayanthi Krishnan
4136: Arbitration in International Trade
Alessandra Casella
4135: Does Executive Compensation Affect Investment?
Kevin J. Murphy and Robert Gibbons
4134: Do Expected Shifts in Inflation Policy Affect Real Rates?
Karen K. Lewis and Martin Evans
4133: The Effects of Labor Market Experience, Job Seniority, and Job Mobility on Wage Growth
Joseph G. Altonji and Nicolas Williams
4132: What Explains Developing Country Growth?
Magnus Blomstrom , Robert E. Lipsey and Mario Zejan
4131: Host Country Competition and Technology Transfer by Multinationals
Magnus Blomstrom , Ari Kokko and Mario Zejan
4130: Inter-Industry Mobility and the Cyclical Upgrading of Labor
Mark Joseph Bils and Kenneth J. McLaughlin
4129: Liquidity Effects, Monetary Policy, and the Business Cycle
Martin Eichenbaum and Lawrence J. Christiano
4128: Office Market Values During the Past Decade: How Distorted Have Appraisals Been?
Patric H. Hendershott and Edward J. Kane
4127: International Transmission Under Bretton Woods
Alan C. Stockman
4126: The Savings of Ordinary Americans: The Philidelphia Saving Fund Society in the Mid-Nineteenth Century
George Alter , Claudia Goldin and Elyce Rotella
4125: Robin-Hooding Rents: Exploiting the Pecuniary Effects of In-Kind Programs
Richard J. Zeckhauser , Stephen Coate and Stephen Johnson
4124: Foreign Direct Investment in the U.S.: Changes Over Three Decades
Robert E. Lipsey
4123: Markup Adjustment and Exchange Rate Fluctuations: Evidence From Panel Data on Automobile Exports
Joseph E. Gagnon and Michael M. Knetter
4122: Public-Sector Capital and the Productivity Puzzle
Douglas Holtz-Eakin
4121: Rational Asset Price Movements Without News
David Romer
4120: Race and Gender Pay Differentials
Francine Blau and Lawrence Kahn
4119: Traded Goods Consumption Smoothing and the Random Walk Behavior of the Real Exchange Rate
Kenneth S Rogoff
4118: The Carnegie Conjecture: Some Empirical Evidence
Douglas Holtz-Eakin , David Joulfaian and Harvey Rosen
4117: Towards a Reformulation of Monetary Theory: Competitive Banking
Joseph E. Stiglitz and Bruce Greenwald
4116: Trends in Expected Returns in Currency and Bond Markets
Martin Evans and Karen K. Lewis
4115: The Housing Wealth of the Aged
Louise Sheiner and David N. Weil
4114: Accounting for Growth With New Inputs
Robert C. Feenstra and James R. Markusen
4113: A Reconsideration of the Uncovered Interest Parity Relationship
Bennett McCallum
4112: Making Sense of the Soviet Trade Shock in Eastern Europe: A Framework and Some Estimates
Dani Rodrik
4111: Empirical Evidence for Collusion in the U.S. Auto Market?
Val Eugene Lambson and J. David Richardson
4110: Exact Solutions for Expected Rates of Return Under Markov Regime Switching: Implications for the Equity Premium Puzzle
Andrew Abel
4109: Race and School Quality Since Brown vs. Board of Education
Michael A. Boozer , Alan B. Krueger and Shari Wolkon
4108: Financial Market Efficiency Tests
Tim Bollerslev and Robert James Hodrick
4107: Forecasting Nursing Home Utilization of Elderly Americans
Andrew Dick , Alan M. Garber and Thomas MaCurdy
4106: Male Jobs, Female Jobs, and Gender Gaps in Benefits Coverage
Janet Currie and Richard Chaykowski
4105: Output Fluctuations at the Plant Level
Timothy Bresnahan and Valerie Ann Ramey
4104: Time Nonseparability in Aggregate Consumption: International Evidence
Phillip A. Braun , George M. Constantinides and Wayne Ferson
4103: Inflation and Social Welfare in a Model With Endogenous Financial Adaptation
Federico Sturzenegger
4102: Foreign Direct Investment as a Commitment Mechanism in the Presence of Managed Trade
Joshua Aizenman
4101: Hostile Takeovers and Expropriation of Extramarginal Wages: A Test
David Neumark and Steven A. Sharpe
4100: Autos and the National Industrial Recovery Act: Evidence on Industry Complementarities
Russell Cooper and John Haltiwanger
4099: The Meaning of College in the Lives of American Women: The Past One-Hundred Years
Claudia Goldin
4098: International Comparisons of Pricing-to-Market Behavior
Michael M. Knetter
4097: The Economics of Bankruptcy Reform
Philippe Aghion , Oliver D. Hart and John Moore
4096: Investment and Research and Development at the Firm Level: Does the Source of Financing Matter?
Bronwyn Hughes Hall
4095: Sequencing and Welfare: Labor Markets and Agriculture
Sebastian Edwards
4094: International Adjustment with Habit-Forming Consumption: A Diagrammatic Exposition
Maurice Obstfeld
4093: Risk-Taking, Global Diversification, and Growth
Maurice Obstfeld
4092: Ownership Structure and Corporate Performance in Japan
Frank Lichtenberg and George. M Pushner
4091: Price Rigidities, Asymmetries, and Output Fluctuations
Ricardo J. Caballero and Eduardo M.R.A. Engel
4090: Microeconomic Adjustment Hazards and Aggregate Dynamics
Ricardo J. Caballero and Eduardo M.R.A. Engel
4089: Asymmetric Price Adjustment and Economic Fluctuations
Laurence Ball and N. Gregory Mankiw
4088: Asset Pricing Explorations for Macroeconomics
John H. Cochrane and Lars Peter Hansen
4087: Labor Market Segmentation Theory: Reconsidering the Evidence
William T. Dickens and Kevin Lang
4086: The International Transmission of Tax Policies in a Dynamic World Economy
Stephen J Turnovsky and Marcelo Bianconi
4085: Cross-Country Patterns of Change in Relative Wages
Steven J. Davis
4084: Risk Management: Coordinating Corporate Investment and Financing Policies
Kenneth A. Froot , David Scharfstein and Jeremy C. Stein
4083: The Present Value Model of Rational Commodity Pricing
Robert S. Pindyck
4082: Central Bank Behavior and the Strategy of Monetary Policy: Observations From Six Industrialized Countries
Ben S. Bernanke and Frederic Mishkin
4081: Innovation, Imitation, and Intellectual Property Rights
Elhanan Helpman
4080: Economic Exchange and Support Within U.S. Families
Laurence J. Kotlikoff
4079: Optimal Sanctions When Individuals are Imperfectly Informed About the Probability of Apprehension
Lucian Bebchuk and Louis Kaplow
4078: Optimal Sanctions When the Probability of Apprehension Varies Among Individuals
Lucian Bebchuk and Louis Kaplow
4077: Russia and the Soviet Union Then and Now
Stanley Fischer
4076: Government Solvency, Ponzi Finance and the Redundancy and Usefulness of Public Debt
Willem Hendrik Buiter and Kenneth Kletzer
4075: Bargaining Power, Strike Duration, and Wage Outcomes: An Analysis of Strikes in the 1880s
David E. Card and Craig A. Olson
4074: Global Financial Markets and the Risk Premium on U.S. Equity
K.C. Chan , G. Andrew Karolyi and René M. Stulz
4073: Labor Market Segmentation, Wage Dispersion and Unemployment
Kevin Lang and William T. Dickens
4072: The Production and Cost Structure of Israeli Industry: Evidence From Individual Firm Data
Arie Bregman , Melvyn Fuss and Haim Regev
4071: GATT, Dispute Settlement and Cooperation
Dan Kovenock and Marie Thursby
4070: Do Doctoral Students' Financial Support Patterns Affect Their Times-to-Degree and Completion Probabilities
Ronald G. Ehrenberg and Panagiotis G. Mavros
4069: Strategic Trade Policy With Incompletely Informed Policymakers
S. Lael Brainard and David MARTIMORT
4068: The Expected Timing of EMS Realignments: 1979-83
Susan M. Collins
4067: Estimating the Payoff to Schooling Using the Vietnam-Era Draft Lottery
Joshua D Angrist and Alan B. Krueger
4066: Empirical Linkages Between Democracy and Economic Growth
John F. Helliwell
4065: Top Executive Rewards and Firm Performance: A Comparison of Japan and the U.S
Steven Neil Kaplan
4064: Foreign Trade in Eastern Europe's Transition: Early Results
Dani Rodrik
4063: Taxation and the Structure of Labor Markets: The Case of Corporatism
Lawrence H. Summers , Jonathan Gruber and Rodrigo Vergara
4062: A Growth Model of Inflation, Tax Evasion, and Financial Repression
Nouriel Roubini and Xavier Sala--Martin
4061: Do the Costs of a Carbon Tax Vanish When Interactions With Other Taxes are Accounted For?
Lawrence H. Goulder
4060: R&D, Investment and Industry Dynamics
Saul Lach and Rafael Rob
4059: Productivity and Firm Turnover in Israeli Industry: 1979-1988
Zvi Griliches and Haim Regev
4058: Using Regional Variation in Wages to Measure the Effects of the Federal Minimum Wage
David E. Card
4057: Attitudes Towards Inflation and the Viability of Fixed Exchange Rates: Evidence From the EMS
Susan M. Collins and Francesco Giavazzi