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from National Bureau of Economic Research, Inc
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4657: A Test of the International CAPM Using Business Cycles Indicators as Instrumental Variables Downloads
Bernard Dumas
4656: On The Need For Fiscal Discipline in an Union Downloads
Joshua Aizenman
4655: Relative Returns on Equities in Pacific Basin Countries Downloads
Charles Engel and John Rogers
4654: Asset Sales, Firm Performance, and the Agency Costs of Managerial Discretion Downloads
Larry Lang, Annette Poulsen and René Stulz
4653: Intellectual Capital and the Birth of U.S. Biotechnology Enterprises Downloads
Lynne Zucker, Michael Darby and Marilynn B. Brewer
4652: Non-Leaky Buckets: Optimal Redistributive Taxation and Agency Costs Downloads
Karla Hoff and Andrew Lyon
4651: Explaining the Duration of Exchange-Rate Pegs Downloads
Michael Klein and Nancy Marion
4650: Is the Business Cycles a Necessary Consequence of Stochastic Growth? Downloads
Julio Rotemberg and Michael Woodford
4649: Health, Income, and Risk Aversion: Assessing Some Welfare Costs of Alcoholism and Poor Health Downloads
John Mullahy and Jody L. Sindelar
4648: The Federal Deposit Insurance Fund That Didn't Put A Bite on U.S. Tax Payers Downloads
Edward Kane and Robert Hendershott
4647: Did Computer Technology Diffuse Quickly?: Best and Average Practice in Mainframe Computers, 1968-1983 Downloads
Shane Greenstein
4646: A Model of Research, Patenting, and Technological Change Downloads
Samuel Kortum
4645: International Portfolio Choice and Asset Pricing: An Integrative Survey Downloads
René Stulz
4644: Saving Babies: The Efficacy and Cost of Recent Expansions of Medicaid Eligibility for Pregnant Women Downloads
Janet Currie and Jonathan Gruber
4643: Measuring Business Cycles: A Modern Perspective Downloads
Francis Diebold and Glenn Rudebusch
4642: France and the Bretton Woods International Monetary System: 1960-1968 Downloads
Michael Bordo, Dominique Simard and Eugene White
4641: Long-Run Convergence of Ethnic Skill Differentials Downloads
George Borjas
4640: The Logic of Currency Crises Downloads
Maurice Obstfeld
4639: Home Country Effects of Foreign Direct Investment: Evidence from Sweden Downloads
Magnus Blomstrom and Ari Kokko
4638: Economic Growth, Population Theory, and Physiology: The Bearing of Long-Term Processes on the Making of Economic Policy Downloads
Robert Fogel
4637: The Political Economy of Budget Deficits Downloads
Alberto Alesina and Roberto Perotti
4636: Preventing Financial Crises: An International Perspective Downloads
Frederic Mishkin
4635: Employee Decisions with Respect to 401(k) Plans: Evidence From Individual-Level Data Downloads
Andrea L. Kusko, James Poterba and David Wilcox
4634: Economic Growth and the Environment Downloads
Gene Grossman and Alan Krueger
4633: Monetary Policy with Flexible Exchange Rates and Forward Interest Rates as Indicators Downloads
Lars Svensson
4632: Public Sector Pension Governance and Performance Downloads
Olivia Mitchell and Ping Lung Hsin
4631: Accuracy, Complexity, and the Income Tax Downloads
Louis Kaplow
4630: Exchange Rate Volatility, Monetary Policy, and Capital Mobility: Empirical Evidence on the Holy Trinity Downloads
Andrew Rose
4629: Retirement in a Family Context: A Structural Model for Husbands and Wives Downloads
Alan Gustman and Thomas L. Steinmeier
4628: Evaluating Labour Adjustment Costs from Trade Shocks: Illustrations for the U.S. Economy Using an Applied General Equilibrium Model With Transactions Downloads
Ramon L. Clarete, Irene Trela and John Whalley
4627: The New York Stock Market in the 1920s and 1930s: Did Stock Prices Move Together Too Much? Downloads
Eugene White and Peter Rappoport
4626: The New Regionalism: Trade Liberalization or Insurance? Downloads
Carlo Perroni and John Whalley
4625: New Facts About Factor-Demand Dynamics: Employment, Jobs, and Workers Downloads
Daniel Hamermesh, Wolter H. J. Hassink and Jan van Ours
4624: The Implications of First-Order Risk Aversion for Asset Market Risk Premiums Downloads
Geert Bekaert, Robert Hodrick and David A. Marshall
4623: Conditional Asset Allocation in Emerging Markets Downloads
Campbell Harvey
4622: Sources of Risk and Expected Returns in Global Equity Markets Downloads
Wayne Ferson and Campbell Harvey
4621: Predictable Risk and Returns in Emerging Markets Downloads
Campbell Harvey
4620: A Theory of Gradual Trade Liberalization Downloads
Robert Staiger
4619: Lifecycle vs. Annual Perspectives on the Incidence of A Value Added Tax Downloads
Gilbert Metcalf
4618: The Role of Exclusive Territories in Producers' Competition Downloads
Patrick Rey and Joseph Stiglitz
4617: Minimum Wage Effects and Low-Wage Labor Markets: A Disequilibrium Approach Downloads
David Neumark and William Wascher
4616: Fluctuations, Instability, and Agglomeration Downloads
Paul Krugman
4615: Structural Flexibility: A Partial Ordering Downloads
Kala Krishna and Marie Thursby
4614: Capital Market Imperfections and Countercyclical Markups: Theory and Evidence Downloads
Judith Chevalier and David Scharfstein
4613: Retirement Incentives: The Interaction between Employer-Provided Pensions, Social Security, and Retiree Health Benefits Downloads
Robin L. Lumsdaine, James Stock and David Wise
4612: Cities and Growth: Theory and Evidence from France and Japan Downloads
Jonathan Eaton and Zvi Eckstein
4611: International Equity Transactions and U.S. Portfolio Choice Downloads
Linda Tesar and Ingrid M. Werner
4610: Quality Improvements in Models of Growth Downloads
Robert Barro and Xavier Sala-i-Martin
4609: The Best Business Schools: A Market Based Approach Downloads
Joseph Tracy and Joel Waldfogel
4608: Auctions vs. Negotiations Downloads
Jeremy Bulow and Paul Klemperer
4607: Transfer Behavior: Measurement and the Redistribution of Resources within the Family Downloads
Kathleen McGarry and Robert Schoeni
4606: The Political Economy of Declining Industries: Senescent Industry Collapse Revisited Downloads
Lael Brainard S. and Thierry Verdier
4605: Determinants of the Timing and Incidence of Exploratory Drilling on Offshort Wildcat Tracts Downloads
Kenneth Hendricks and Robert Porter
4604: The Simplest Test of Inflation Target Credibility Downloads
Lars Svensson
4603: Uncovering Some Causal Relationships between Productivity Growth and the Structure of Economic Fluctuations: A Tentative Survey Downloads
Philippe Aghion and Gilles Saint-Paul
4602: Open Door Policy and China's Rapid Growth: Evidence from City-level Data Downloads
Shang-Jin Wei
4601: The Effects of Demographic Trends on Consumption, Saving and Government Expenditures in the U.S Downloads
Michael Hurd
4600: The Wealth of Cohorts: Retirement Saving and the Changing Assets of Older Americans Downloads
David Wise and Steven Venti
4599: The Role of Judgment and Discretion in the Conduct of Monetary Policy: Consequences of Changing Financial Markets Downloads
Benjamin M. Friedman
4598: Tests of CAPM on an International Portfolio of Bonds and Stocks Downloads
Charles Engel
4597: The Politics of Free Trade Agreements Downloads
Gene Grossman and Elhanan Helpman
4596: Jumps and Stochastic Volatility: Exchange Rate Processes Implicit in thePHLX Deutschemark Options Downloads
David S. Bates
4595: An Exploratory Investigation of the Fundamental Determinants of National Equity Market Returns Downloads
Wayne Ferson and Campbell Harvey
4594: Health Insurance and Early Retirement: Evidence from the Availability of Continuation Coverage Downloads
Jonathan Gruber and Brigitte Madrian
4593: The Military Pension, Compensation, and Retirement of U.S. Air Force Pilots Downloads
John A. Ausink and David Wise
4592: Price Volatility and Volume Spillovers between the Tokyo and New York Stock Markets Downloads
Takatoshi Ito and Wen-Ling Lin
4591: Estimation of the Depreciation Rate of Physical and R&D Capital in the U.S. Total Manufacturing Sector Downloads
Ishaq Nadiri M. and Ingmar R. Prucha
4590: The Internationalization of Equity Markets Downloads
Jeffrey Frankel
4589: The Labor Market Effects of Introducing National Health Insurance: Evidence from Canada Downloads
Jonathan Gruber and Maria Hanratty
4588: Continental Trading Blocs: Are They Natural, or Super-Natural? Downloads
Jeffrey Frankel, Ernesto Stein and Shang-Jin Wei
4587: International Experiences with Securities Transaction Taxes Downloads
John Campbell and Kenneth Froot
4586: Should Liability be Based on the Harm to the Victim or the Gain to the Injurer? Downloads
A. Mitchell Polinsky and Steven Shavell
4585: Re-Employment Probabilities over the Business Cycle Downloads
Guido Imbens and Lisa Lynch
4584: Language, Employment and Earnings in the United States: Spanish-English Differentials from 1970 to 1990 Downloads
David Bloom and Gilles Grenier
4583: An Empirical Assessment of the Factor Proportions Explanation of Multi-National Sales Downloads
Lael Brainard S.
4582: Energy Taxes: Traditional Efficiency Effects and Environmental Implications Downloads
Lawrence H. Goulder
4581: Tax Evasion and the Allocation of Capital Downloads
Don Fullerton and Marios Karayannis
4580: An Empirical Assessment of the Proximity-Concentration Tradeoff between Multinational Sales and Trade Downloads
Lael Brainard S.
4579: The Effect of Equity Barriers on Foreign Investment in Developing Countries Downloads
Stijn Claessens and Moon-Whoan Rhee
4578: The Dynamics of High Inflation Downloads
Laurence Ball
4577: Evidence on Macroeconomic Complementarities Downloads
Russell Cooper and John Haltiwanger
4576: Energy Taxes and Aggregate Economic Activity Downloads
Julio Rotemberg and Michael Woodford
4575: Does Electoral Accountability Affect Economic Policy Choices? Evidence from Gubernatorial Term Limits Downloads
Timothy Besley and Anne Case
4574: No Place Like Home: Tax Incentives and the Location of R&D by American Multinationals Downloads
James Hines
4573: Is the Discount Window Necessary? A Penn-Central Perspective Downloads
Charles Calomiris
4572: Elderly Health, Housing, and Mobility Downloads
Jonathan Feinstein
4571: What Moves the Discount on Country Equity Funds? Downloads
Gikas Hardouvelis, Rafael La Porta and Thierry A. Wizman
4570: Employment Effects of Minimum and Subminimum Wages: Reply to Card, Katz and Krueger Downloads
David Neumark and William Wascher
4569: Dissaving by the Elderly, Transfer Motives and Liquidity Constraints Downloads
Albert Ando, Luigi Guiso and Daniele Terlizzese
4568: Prices, Wages, and Employment in the U.S. Economy: A Traditional Model and Tests of Some Alternatives Downloads
Albert Ando and Flint Brayton
4567: Taking Trade Policy Seriously: Export Subsidization as a Case Study in Policy Effectiveness Downloads
Dani Rodrik
4566: Should the Government's Allocation Branch be Concerned about the Distortionary Cost of Taxation and Distributive Effects? Downloads
Louis Kaplow
4565: The Role of Macroeconomic Factors in Growth Downloads
Stanley Fischer
4564: The Influence of Nonmarital Childbearing on the Formation of First Marriages Downloads
Neil G. Bennett, David Bloom and Cynthia K. Miller
4563: Immigration, Investment and Real Wages Downloads
Elise Brezis and Paul Krugman
4562: Entry and Exit, Product Variety and the Business Cycle Downloads
Satyajit Chatterjee and Russell Cooper
4561: Technology and the Life Cycle of Cities Downloads
Elise Brezis and Paul Krugman
4560: Evaluation of Subjective Probability Distributions in the HRS Downloads
Michael Hurd and Kathleen McGarry
4559: Integration, Specialization, and the Adjustment Downloads
Paul Krugman and Anthony Venables
4558: The Relationship Between Job Characteristics and Retirement Downloads
Michael Hurd and Kathleen McGarry
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