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NBER Working Papers

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5198: On the Ills of Adjustment Downloads
Ricardo Caballero and Mohamad L. Hammour
5197: Real Effects of Exchange Rate-Based Stabilization: An Analysis of Competing Theories Downloads
Sergio Rebelo and Carlos Vegh
5196: Choosing a Dictator: Bureaucracy and Welfare in Less Developed Polities Downloads
James Rauch
5195: Alcohol Policies and Highway Vehicle Fatalities Downloads
Christopher Ruhm
5194: How Important is Precautionary Saving? Downloads
Christopher Carroll and Andrew Samwick
5193: The Nature of Precautionary Wealth Downloads
Christopher Carroll and Andrew Samwick
5192: Estimating the Labor Market Impact of Voluntary Military Service Using Social Security Data on Military Applicants Downloads
Joshua Angrist
5191: The Mirage of Fixed Exchange Rates Downloads
Maurice Obstfeld and Kenneth Rogoff
5190: Why are Retirement Rates So High at Age 65? Downloads
Robin L. Lumsdaine, James Stock and David Wise
5189: Taxation and Corporate Investment: The Impact of the 1991 Swedish Tax Reform Downloads
Alan Auerbach, Kevin Hassett and Jan Södersten
5188: Career and Family: College Women Look to the Past Downloads
Claudia Goldin
5187: Strategic Trading in a Two-Sided Foreign Exchange Auction Downloads
Linda Goldberg and Rafael Tenorio
5186: Improving the Accessibility of the NBER's Historical Data Downloads
Daniel Feenberg and Jeffrey Miron
5185: The Impact of Imigration on American Labor Markets Prior to the Quotas Downloads
Timothy J. Hutton and Jeffrey Williamson
5184: Mortgage Default and Low Downpayment Loans: The Costs of Public Subsidy Downloads
Yongheng Deng, John Quigley and Robert Van Order
5183: House Prices and Home Owner Saving Behavior Downloads
Gary V. Engelhardt
5182: Housing Price Dynamics Within a Metropolitan Area Downloads
Karl Case and Christopher Mayer
5181: Residential Mobility and Mortgages Downloads
Sewin Chan
5180: The Effect of Income and Collateral Constraints on Residential Mortgage Terminations Downloads
Wayne Archer, David Ling and Gary A. McGill
5179: Expectations, Efficiency, and Euphoria in the Housing Market Downloads
Dennis Capozza and Paul J. Seguin
5178: Risk-Based Capital Standards and the Riskiness of Bank Portfolios: Credit and Factor Risks Downloads
Steven R. Grenadier and Brian J. Hall
5177: In Search of Empirical Evidence that Links Rent and User Cost Downloads
Dixie M. Blackley and James R. Follain
5176: Should the Stagnant Homeownership Rate be a Source of Concern? Downloads
Richard Green
5175: Nontraded Goods, Nontraded Factors, and International Non-Diversification Downloads
Marianne Baxter, Urban Jermann and Robert King
5174: Is an Integrated Regional Labor Market Emergin in East and Southeast Asia? Downloads
David Bloom and Waseen Noor
5173: The Seasonality of Consumer Prices Downloads
Michael F. Bryan and Stephen Cecchetti
5172: The Term Structure of Interest Rates in a Pure Exchange Economy with Heterogeneous Investors Downloads
Jiang Wang
5171: Tax Shelters and Passive Losses After the Tax Reform Act of 1986 Downloads
Andrew Samwick
5170: Industry or Class Cleavages over Trade Policy? Evidence from the BritishGeneral Election of 1923 Downloads
Douglas Irwin
5169: Worker Adaptation and Employer Accommodation Following the Onset of a Health Impairment Downloads
Mary Daly and John Bound
5168: Protection and the Business Cycle Downloads
Kyle Bagwell and Robert Staiger
5167: The Limits of Arbitrage Downloads
Andrei Shleifer and Robert Vishny
5166: Why Is There a Home Bias? An Analysis of Foreign Portfolio Equity Ownership in Japan Downloads
Jun-Koo Kang and René Stulz
5165: Leverage, Investment, and Firm Growth Downloads
Larry Lang, Eli Ofek and René Stulz
5164: Rising Public College Tuition and College Entry: How Well Do Public Subsidies Promote Access to College? Downloads
Thomas J. Kane
5163: Are Ghettos Good or Bad? Downloads
David Cutler and Edward Glaeser
5162: Cyclical versus Secular Movements in Employment Creation and Destruction Downloads
Randall Eberts and Edward Montgomery
5161: Inflation Indicators and Inflation Policy Downloads
Stephen Cecchetti
5160: Why is there Multilateral Lending? Downloads
Dani Rodrik
5159: Race and Education Differences in Disability Status and Labor Force Attachment Downloads
John Bound, Michael Schoenbaum and Timothy Waidmann
5158: Labor Supply Response to the Earned Income Tax Credit Downloads
Nada Eissa and Jeffrey Liebman
5157: Consumer Product Safety Regulation in the United States and the United Kingdom: The Case of Bicycles Downloads
Wesley A. Magat and Michael J. Moore
5156: Liberalized Portfolio Capital Inflows in Emerging Capital Markets: Sterilization, Expectations, and the Incompleteness of Interest Rate Convergence Downloads
Jeffrey Frankel and Chudozie Okongwu
5155: The Taxation of Two Earner Families Downloads
Martin Feldstein and Daniel Feenberg
5154: What do the VARs Mean?: Measuring the Output Effects of Monetary Policy Downloads
John Cochrane
5153: Death and Tobacco Taxes Downloads
Michael J. Moore
5152: Habit and Heterogeneity in the Youthful Demand for Alcohol Downloads
Michael J. Moore and Philip J Cook
5151: Technological Diffusion, Convergence, and Growth Downloads
Robert Barro and Xavier Sala-i-Martin
5150: Would Reducing Tenure Probabilities Increase Faculty Salaries? Downloads
Ronald Ehrenberg, Paul Pieper and Rachel A. Willis
5149: Does Welfare Play Any Role in Female Headship Decisions? Downloads
Hilary Hoynes
5148: Does the AIDS Epidemic Really Threaten Economic Growth? Downloads
David Bloom and Ajay Mahal
5147: Tax Subsidies to Employer-Provided Health Insurance Downloads
Jonathan Gruber and James Poterba
5146: Inside the Black Box: The Credit Channel of Monetary Policy Transmission Downloads
Ben Bernanke and Mark Gertler
5145: Measuring Monetary Policy Downloads
Ben Bernanke and Ilian Mihov
5144: Intraschool Variation in Class Size: Patterns and Implications Downloads
Michael Boozer and Cecilia Rouse
5143: The Paradox of Liquidity Downloads
Stewart C. Myers and Raghuram Rajan
5142: The Collapse of the Mexican Peso: What Have We Learned? Downloads
Jeffrey Sachs, Aaron Tornell and Andres Velasco
5141: Economic Implications of Changing Share Ownership Downloads
Benjamin M. Friedman
5140: A Center-Periphery Model of Monetary Coordination and Exchange Rate Crises Downloads
Willem Buiter, Giancarlo Corsetti and Paolo Pesenti
5139: Investment, Pass-Through and Exchange Rates: A Cross-Country Comparison Downloads
Jose Campa and Linda Goldberg
5138: How Much Better is Bigger, Faster & Cheaper? Buyer Benefits from Innovation in Mainframe Computers in the 1980s Downloads
Ken Brown and Shane Greenstein
5137: Do Labor Rents Justify Strategic Trade and Industrial Policy? Downloads
William T. Dickens
5136: How Does Privatization Work? Evidence from the Russian Shops Downloads
Nicholas Barberis, Maxim Boycko, Andrei Shleifer and Natalia Tsukanova
5135: Factor Mobility and Income Growth: Two Convergence Hypotheses Downloads
Assaf Razin and Chi-Wa Yuen
5134: The Relationship between State and Federal Tax Audits Downloads
James Alm, Brian Erard and Jonathan Feinstein
5133: Measuring Gross Worker and Job Flows Downloads
Steven Davis and John Haltiwanger
5132: The Law of One Price Over 700 Years Downloads
Kenneth Froot, Michael Kim and Kenneth Rogoff
5131: Sovereign Debt Downloads
Jonathan Eaton and Raquel Fernandez
5130: Financial Intermediation and The Great Depression: A Multiple Equilibrium Interpretation Downloads
Russell Cooper and João Ejarque
5129: Testing Option Pricing Models Downloads
David S. Bates
5128: GARCH Gamma Downloads
Robert Engle and Joshua Rosenberg
5127: Are Lots of College Graduates Taking High School Jobs? A Reconsiderationof the Evidence Downloads
John Tyler, Richard Murnane and Frank Levy
5126: Differential Mortality and Wealth Accumulation Downloads
Orazio Attanasio and Hilary Hoynes
5125: Capital Utilization and Returns to Scale Downloads
Craig Burnside, Martin Eichenbaum and Sergio Rebelo
5124: The Role of Pre-Market Factors in Black-White Wage Differences Downloads
Derek Neal and William Johnson
5123: Employment, Unemployment, and Problem Drinking Downloads
John Mullahy and Jody L. Sindelar
5122: Foreign Direct Investment and Relative Wages: Evidence from Mexico's Maquiladoras Downloads
Robert Feenstra and Gordon Hanson
5121: Foreign Investment, Outsourcing and Relative Wages Downloads
Robert Feenstra and Gordon Hanson
5120: Capital Mobility, Fiscal Policy and Growth under Self-Financing of Human Capital Formation Downloads
Willem Buiter and Kenneth Kletzer
5119: The Effect of Prison Population Size on Crime Rates: Evidence From Prison Overcrowding Litigation Downloads
Steven Levitt
5118: Effects of Air Quality Regulation Downloads
J. Vernon Henderson
5117: Costs of Environmentally Motivated Taxes in the Presence of Other Taxes:General Equilibrium Analyses Downloads
Lans Bovenberg and Lawrence H. Goulder
5116: Economics of the Generation and Management of Municipal Solid Waste Downloads
David N. Beede and David Bloom
5115: A Provincial View of Capital Mobility Downloads
Tamim Bayoumi and Michael Klein
5114: A Heckscher-Ohlin View of Sweden Competing in the Global Market Downloads
Edward Leamer and Per Lundborg
5113: Privatization in the United States Downloads
Florencio Lopez- de-Silane, Andrei Shleifer and Robert Vishny
5112: Open Economy Forces and Late 19th Century Scandinavian Catch-Up Downloads
Kevin O'Rourke and Jeffrey Williamson
5111: What is the Value-Added for Large U.S. Banks in Offering Mutual Funds? Downloads
Edward Kane
5110: Trade, Technology, and Wage Inequality Downloads
Gordon Hanson and Ann Harrison
5109: American Fiscal Policy in the 1990's Downloads
Herschel Grossman
5108: Fixed versus Flexible Exchange Rates: Which Provides More Fiscal Discipline? Downloads
Aaron Tornell and Andres Velasco
5107: Technological Change and the Skill Acquisition of Young Workers Downloads
Ann P. Bartel and Nachum Sicherman
5106: The Use of Replacement Workers in Union Contract Negotiations: The U.S. Experience, 1980-1989 Downloads
Peter Cramton and Joseph Tracy
5105: The Effect of Collective Bargaining Legislation on Strikes and Wages Downloads
Peter Cramton, Morley Gunderson and Joseph Tracy
5104: Axiomatic and Economic Approaches to Elementary Price Indexes Downloads
Walter Diewert
5103: Price and Volume Measures in the System of National Accounts Downloads
Walter Diewert
5102: Wages and Foreign Ownership: A Comparative Study of Mexico, Venezuela and the United States Downloads
Brian Aitken, Ann Harrison and Robert Lipsey
5101: Internal Capital Markets and the Competition for Corporate Resources Downloads
Jeremy Stein
5100: Banks and Derivatives Downloads
Gary Gorton and Richard Rosen
5099: Transfer Behavior within the Family: Results from the Asset and Health Dynamics Survey Downloads
Kathleen McGarry and Robert Schoeni
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