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NBER Working Papers

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5848: The Demise of Double Liability as an Optimal Contract for Large-Bank Stockholders Downloads
Berry K. Wilson and Edward Kane
5847: Infrastructure Capital and Economic Growth: How Well You Use It May Be More Important Than How Much You Have Downloads
Charles R. Hulten
5846: Manufactured Inequality Downloads
Sherwin Rosen
5845: Is There a Role for Monetary Aggregates in the Conduct of Monetary Policy? Downloads
Arturo Estrella and Frederic Mishkin
5844: Neoclassical vs. Endogenous Growth Analysis: An Overview Downloads
Bennett McCallum
5843: The Effects of Short-Term Variation in Abortion Funding on Pregnancy Outcomes Downloads
Philip J Cook, Allan M. Parnell, Michael J. Moore and Deanna Pagnini
5842: When Are Fixed Exchange Rates Really Fixed? Downloads
Andres Velasco
5841: Volatility and the Investment Response Downloads
Joshua Aizenman and Nancy Marion
5840: The Adoption of Workers' Compensation in the United States 1900-1930 Downloads
Price Fishback and Shawn Kantor
5839: International Implications of German Unification Downloads
Hans-Werner Sinn
5838: Do Balanced Budget Rules Work? U.S. Experience and Possible Lessons for the EMU Downloads
Robert P. Inman
5837: You Can't Take It With You? Immigrant Assimilation and the Portability of Human Capital Downloads
Rachel Friedberg
5836: Computers and Productivity in France: Some Evidence Downloads
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 Downloads
John Bound and David Jaeger
5834: Medicaid and Service Use Among Homeless Adults Downloads
Sherry Glied, Christina Hoven, Robert Moore and A. Garrett
5833: Research Productivity in a System of Universities Downloads
James Adams and Zvi Griliches
5832: Distributional Implications of Introducing a Broad-Based Consumption Tax Downloads
William Gentry and Robert Hubbard
5831: Health Insurance for Poor Women and Children in the U.S.: Lessons from the Past Decade Downloads
Jonathan Gruber
5830: Conditioning Manager Alphas on Economic Information: Another Look at the Persistence of Performance Downloads
Jon A. Christopherson, Wayne Ferson and Debra A. Glassman
5829: Continuous Training in Germany Downloads
Jorn-Steffen Pischke
5828: Institutions and Labor Reallocation Downloads
Giuseppe Bertola and Richard Rogerson
5827: Trade Reform with a Government Budget Constraint Downloads
James Anderson
5826: Taxation and Economic Growth Downloads
Eric M. Engen and Jonathan Skinner
5825: New Activities, the Welfare Cost of Uncertainty and Investment Policies Downloads
Joshua Aizenman
5824: Liberalization of Capital Flows in Korea: Big-Bang or Gradualism? Downloads
Dongchul Cho and Youngsun Koh
5823: Changes in Wage Inequality, 1970-1990 Downloads
Jacob Mincer
5822: What We Know and Do Not Know About the Natural Rate of Unemployment Downloads
Olivier Blanchard and Lawrence Katz
5821: Inflation, Real Interest Rates, and the Bond Market: A Study of UK Nominal and Index-Linked Government Bond Prices Downloads
David Barr and John Campbell
5820: The Changing Structure of Cost and Demand for the U.S. Telecommunications Industry Downloads
M. Ishaq Nadiri and Banani Nandi
5819: The Underreaction Hypothesis and the New Issue Puzzle: Evidence from Japan Downloads
Jun-Koo Kang, Yong-Cheol Kim and René Stulz
5818: The Myth of the Patient Japanese: Corporate Myopia and Financial Distress in Japan and the US Downloads
Brian J. Hall and David Weinstein
5817: Private and Public Supply of Liquidity Downloads
Bengt Holmstrom and Jean Tirole
5816: The Econometrics of Ultra-High Frequency Data Downloads
Robert Engle
5815: The Taxation of Pensions: A Shelter can Become a Trap Downloads
John B. Shoven and David Wise
5814: Financial and Capital Account Liberalization in the Pacific Basin: Korea and Taiwan during the 1980's Downloads
Menzie Chinn and William Maloney
5813: Alternate Insurance Arrangements and the Treatment of Depression: What Are the Facts? Downloads
Ernst R. Berndt, Richard G. Frank and Thomas G. McGuire
5812: The Productivity of Nations Downloads
Robert Hall and Charles Jones
5811: The Chilean Pension Reform: A Pioneering Program Downloads
Sebastian Edwards
5810: Balance Sheets, Multinational Financial Policy, and the Cost of Capital at Home and Abroad Downloads
Rosanne Altshuler and Harry Grubert
5809: Sticky Price Models of the Business Cycle: Can the Contract Multiplier Solve the Persistence Problem? Downloads
Varadarajan Chari, Patrick Kehoe and Ellen McGrattan
5808: Firm Heterogeneity, Jobs, and International Trade: Evidence from Chile Downloads
James Levinsohn
5807: The Effect of Teen Childbearing and Single Parenthood on Childhood Disabilities and Progress in School Downloads
Joshua Angrist and Victor Lavy
5806: Sources of Convergence in the Late Nineteenth Century Downloads
Alan Taylor
5805: Does Head Start Help Hispanic Children? Downloads
Janet Currie and Duncan Thomas
5804: Sticky Price and Limited Participation Models of Money: A Comparison Downloads
Lawrence Christiano, Martin Eichenbaum and Charles Evans
5803: Effort, Wages and the International Division of Labor Downloads
Edward Leamer
5802: What Happens Within Firms? A Survey of Empirical Evidence on Compensation Policies Downloads
Canice Prendergast
5801: International R&D Spillovers, Trade and Productivity in Major OECD Countries Downloads
M. Ishaq Nadiri and Seongjun Kim
5800: Are Knowledge Spillovers International or Intranational in Scope? Microeconometric Evidence from the Japan and the United States Downloads
Lee Branstetter
5799: Australia's Retirement Income System: Implications for Saving and Capital Markets Downloads
Malcolm Edey and John Simon
5798: Convergence and International Factor Flows in Theory and History Downloads
Alan Taylor
5797: Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets Downloads
Lars Svensson
5796: Paying for Health Insurance: The Tradeoff between Competition and Adverse Selection Downloads
David Cutler and Sarah Reber
5795: Star Scientists, Institutions, and the Entry of Japanese Biotechnology Enterprises Downloads
Michael Darby and Lynne Zucker
5794: A Tale of Two Crises: Chile and Mexico Downloads
Sebastian Edwards
5793: Inflation and the Distribution of Price Changes Downloads
Michael F. Bryan and Stephen Cecchetti
5792: Understanding Equilibrium Models with a Small and a Large Number of Agents Downloads
Wouter J. Den Haan
5791: Current Account Sustainability: Selected East Asian and Latin American Experiences Downloads
Gian Maria Milesi-Ferrett and Assaf Razin
5790: Index Number and Factor Demand Approaches to the Estimation of Productivity Downloads
David H. Good, M. Ishaq Nadiri and Robin Sickles
5789: Speculative Attacks: Fundamentals and Self-Fulfilling Prophecies Downloads
Robert Flood and Nancy Marion
5788: Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis Downloads
Christopher Carroll
5787: Testing for the Fundamental Determinants of the Long-Run Real Exchange Rate: The Case of Taiwan Downloads
Hsiu-Ling Wu
5786: Measuring Short-Run Inflation for Central Bankers Downloads
Stephen Cecchetti
5785: Linear Probability Models of the Demand for Attributes with an Empirical Application to Estimating the Preferences of Legislators Downloads
James Heckman and James Snyder
5784: Do Nontraded Goods Explain the Home Bias Puzzle? Downloads
Paolo Pesenti and Eric van Wincoop
5783: DM-Dollar Volatility: Intraday Activity Patterns, Macroeconomic Announcements, and Longer Run Dependencies Downloads
Torben Andersen and Tim Bollerslev
5782: A Critical Assessment of the Role of Imperfect Competition in Macroeconomics Downloads
Dennis Carlton
5781: Child Support and Fathers' Remarriage and Fertility Downloads
David Bloom, Cecilia Conrad and Cynthia Miller
5780: Pension System Reform: The Mexican Case Downloads
Carlos Sales-Sarrapy, Fernando Solis-Soberon and Alejandro Villagomez
5779: Executive Compensation and the Optimality of Managerial Entrenchment Downloads
Gary Gorton and Bruce D. Grundy
5778: Children and Their Parents' Labor Supply: Evidence from Exogenous Variation in Family Size Downloads
Joshua Angrist and William Evans
5777: The Long-Run U.S./U.K. Real Exchange Rate Downloads
Charles Engel and Chang-Jin Kim
5776: Simulating the Privatization of Social Security in General Equilibrium Downloads
Laurence Kotlikoff
5775: On the Driving Forces Behind Cyclical Movement, in Employment and Job Reallocation Downloads
Steven Davis and John Haltiwanger
5774: The Decline of Welfare Benefits in the U.S.: The Role of Wage Inequality Downloads
Robert Moffitt, David Ribar and Mark Wilhelm
5773: Diffusion of General Purpose Technologies Downloads
Elhanan Helpman and Manuel Trajtenberg
5772: Debt, Cash Flow and Inflation Incentives: A Swedish Example Downloads
Mats Persson, Torsten Persson and Lars Svensson
5771: The Exchange Value of the Renminbi and China's Balance of Trade: An Emp irical Study Downloads
Zhaoyong Zhang
5770: Estimating the Welfare Effects of Digital Infrastructure Downloads
Shane Greenstein and Pablo Spiller
5769: Do Markets Respond More to More Reliable Labor Market Data? A Test of Market Rationality Downloads
Alan Krueger
5768: Trade and Environment Beyond Singapore Downloads
John Whalley
5767: Aggregate Employment Fluctuations with Microeconomic Asymmetries Downloads
Jeffrey Campbell and Jonas Fisher
5766: A Model of Foreign Exchange Rate Indetermination Downloads
Charles Engel
5765: Non-Monetary Exchange Within Firms and Industry Downloads
Canice Prendergast and Lars Stole
5764: What Does the Bundesbank Target? Downloads
Ben Bernanke and Ilian Mihov
5763: The Wages and Language Skills of U.S. Immigrants Downloads
Geoffrey Carliner
5762: Individual Financial Decisions in Retirement Saving Plans and The Provision of Resources for Retirement Downloads
James Poterba and David Wise
5761: The Transition Path in Privatizing Social Security Downloads
Martin Feldstein and Andrew Samwick
5760: Mortality Contingent Claims, Health Care, and Social Insurance Downloads
Tomas Philipson and Gary Becker
5759: The Effects of Tax-Based Saving Incentives On Saving and Wealth Downloads
Eric M. Engen, William Gale and John Scholz
5758: Financial Dependence and Growth Downloads
Raghuram Rajan and Luigi Zingales
5757: The Macroeconomics of Specificity Downloads
Ricardo Caballero and Mohamad L. Hammour
5756: The Determinants of the Choice between Fixed and Flexible Exchange-Rate Regimes Downloads
Sebastian Edwards
5755: "Basket" Cases: International Joint Ventures After the Tax Reform Act of 1986 Downloads
Mihir A. Desai and James Hines
5754: Fixing Capital Gains: Symmetry, Consistency and Correctness in the Taxation of Financial Instruments Downloads
David Bradford
5753: The Government as Venture Capitalist: The Long-Run Effects of the SBIR Program Downloads
Josh Lerner
5752: Heterogeneous Information Arrivals and Return Volatility Dynamics: Uncovering the Long-Run in High Frequency Returns Downloads
Torben Andersen and Tim Bollerslev
5751: The Determinants of Technological Change in Heart Attack Treatment Downloads
David Cutler and Mark McClellan
5750: Are Medical Prices Declining? Downloads
David Cutler, Mark McClellan, Joseph Newhouse and Dahlia Remler
5749: Exchange Rate Pass-through and Industry Characteristics: The Case of Taiwan's Exports of Midstream Petrochemical Products Downloads
Kuo-Liang Wang and Chung-Shu Wu
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