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3729: Heterogeneity and Output Fluctuations in a Dynamic Menu-Cost Economy Downloads
Ricardo Caballero and Eduardo Engel
3728: Gross Job Creation, Gross Job Destruction and Employment Reallocation Downloads
Steven Davis and John Haltiwanger
3727: Do the Benefits of Fixed Exchange Rates Outweigh Their Costs? The Franc Zone in Africa Downloads
Shantayanan Devarajan and Dani Rodrik
3726: Was the Great Depression a Low-Level Equilibrium? Downloads
John Dagsvik and Boyan Jovanovic
3725: U.S. Trade Policy in the 1980s: Turns -- and Roads Not Taken Downloads
David Richardson J.
3724: Relationships Among the Family Incomes and Labor Market Outcomes of Relatives Downloads
Joseph Altonji and Thomas A. Dunn
3723: The Income Tax as Insurance: The Casualty Loss and Medical Expense Deductions and the Exclusion of the Medical Insurance Premiums Downloads
Louis Kaplow
3722: Wage Dispersion Between and Within U.S. Manufacturing Plants, 1963-1986 Downloads
Steven Davis and John Haltiwanger
3721: Political Instability, Political Weakness and Inflation: An Empirical Analysis Downloads
Sebastian Edwards and Guido Tabellini
3720: Externalities from Labor Mobility Downloads
Laurence Ball
3719: Nonergodic Economic Growth Downloads
Steven Durlauf
3718: Path Dependence in Aggregate Output Downloads
Steven Durlauf
3717: Convergence of International Output Movements Downloads
Andrew Bernard and Steven Durlauf
3716: Trade Orientation, Distortions and Growth in Developing Countries Downloads
Sebastian Edwards
3715: Industrial Shifts, Skills Levels, and the Labor Market for White and Black Males Downloads
John Bound and Harry Holzer
3714: The Demand for and Return to Education When Education Outcomes are Uncertain Downloads
Joseph Altonji
3713: School Quality and Black-White Relative Earnings: A Direct Assessment Downloads
David Card and Alan Krueger
3712: Invention and Bounded Learning by Doing Downloads
Alwyn Young
3711: Security Baskets and Index-Linked Securities Downloads
Gary Gorton and George Pennacchi
3710: Do Minimum Wages Reduce Employment? A Case Study of California, 1987-89 Downloads
David Card
3709: Taxation and Risk Taking: A General Equilibrium Perspective Downloads
Louis Kaplow
3708: A Note on Taxation as Social Insurance for Uncertain Labor Income Downloads
Louis Kaplow
3707: Rational Finite Bubbles Downloads
Franklin Allen and Gary Gorton
3706: Equalizing Exchange: A Study of the Effects of Trade Liberalization Downloads
Dan Ben-David
3705: The Company You Keep: The Effects of Family and Neighborhood on Disadvantaged Youths Downloads
Anne Case and Lawrence Katz
3704: The Decline in Black Teenage Labor Force Participation in the South, 1900-1970: The Role of Schooling Downloads
Robert Margo and Aldrich Finegan T.
3703: Privatization in East European Transformation Downloads
Stanley Fischer
3702: Growth, Macroeconomics, and Development Downloads
Stanley Fischer
3701: The Socioeconomic Consequences of Teen Childbearing Reconsidered Downloads
Arline T. Geronimus and Sanders Korenman
3700: Incentives, Optimality, and Publicly Provided Goods: The Case of Mental Health Services Downloads
Richard Frank and Martin Gaynor
3699: The Effect of Social Security on Labor Supply: A Cohort Analysis of the Notch Generation Downloads
Alan Krueger and Jorn-Steffen Pischke
3698: From Centrally-Planned to Market Economies: The Road from CPE to PCPE Downloads
Guillermo Calvo and Jacob A. Frenkel
3697: Productivity, Market Power and Capacity Utilization When Spot Markets are Complete Downloads
Benjamin Eden and Zvi Griliches
3696: Information and the Scope of Liability for Breach of Contract: The Rule of Hadley V. Baxendale Downloads
Lucian Bebchuk and Steven Shavell
3695: The Evolution of Buyout Pricing and Financial Structure Downloads
Steven Kaplan and Jeremy Stein
3694: Unemployment and Infant Health: Times-Series Evidence from the State of Tennessee Downloads
Ted Joyce and Naci Mocan
3693: Omitted-Ability Bias and the Increase in the Return to Schooling Downloads
McKinley Blackburn and David Neumark
3692: Bequest Taxes and Accumulation of Household Wealth: U.S. - Japan Comparison Downloads
Thomas A. Barthold and Takatoshi Ito
3691: Immigration Policy, National Origin, and Immigrant Skills: A Comparison of Canada and the United States Downloads
George Borjas
3690: Japan's High Saving Rate Reaffirmed Downloads
Robert Dekle and Lawrence Summers
3689: Money versus Credit Rationing: Evidence for the National Banking Era, 1880-1914 Downloads
Michael Bordo, Peter Rappoport and Anna Schwartz
3688: Pensions, Bonding, and Lifetime Jobs Downloads
Steven Allen, Robert L. Clark and Ann A. McDermed
3687: Trading, Communication and the Response of Price to New Information Downloads
Gary Gorton and James Dow
3686: Monetary Economics: A Review Essay Downloads
Herschel Grossman
3685: Expected and Predicted Realignments: The FF/DM Exchange Rate During the EMS Downloads
Andrew Rose and Lars Svensson
3684: The EMS, the EMU, and the Transition to a Common Currency Downloads
Kenneth Froot and Kenneth Rogoff
3683: Do Exchange Auctions Work? An Examination of the Bolivian Experience Downloads
Kathryn Dominguez
3682: Time-Varying Volatility and the Dynamic Behavior of the Term Structure Downloads
Robert Engle and Victor K. Ng
3681: Measuring and Testing the Impact of News on Volatility Downloads
Robert Engle and Victor K. Ng
3680: Endogenous Capital Utilization and Productivity Measurement in Dynamic Factor Demand Models: Theory and an Application to the U.S. Electrical Downloads
Ingmar R. Prucha and Ishaq Nadiri M.
3679: Trade Liberalization in a Multinational-Dominated Industry: A Theoretical and Applied General-Equilibrium Analysis Downloads
Linda Hunter, James Markusen and Thomas Rutherford
3678: Purchased Services, Outsourcing, Computers, and Productivity in Manufacturing Downloads
Donald Siegel and Zvi Griliches
3677: Notes on Dynamic Factor Pricing Models Downloads
Bruce N. Lehmann
3676: Earnings, Dividend Policy, and Present Value Relations: Building Blocks of Dividend Policy Invariant Cash Flows Downloads
Bruce N. Lehmann
3675: Alcohol Consumption During Prohibition Downloads
Jeffrey Miron and Jeffrey Zwiebel
3674: Learning About Intervention Target Zones Downloads
Michael Klein and Karen K. Lewis
3673: Rent Sharing in the Multi-Fibre Arrangement: Theory and Evidence from US Apparel Imports from Hong Kong Downloads
Kala Krishna, Refik Erzan and Ling Hui Tan
3672: Investment Policies in the GATT Downloads
Rachel McCulloch
3671: Environmental Policy When Market Structure and Plant Locations are Endo-genous Downloads
James Markusen, Edward Morey and Nancy Olewiler
3670: Intramarginal Intervention in the EMS and the Target-Zone Model of Exchange-Rate Behavior Downloads
Kathryn Dominguez and Peter Kenen
3669: Government, Financial Markets, and Economic Development Downloads
Joseph Stiglitz
3668: Distributive Politics and Economic Growth Downloads
Alberto Alesina and Dani Rodrik
3667: Changes in the Structure of Wages in the Public and Private Sectors Downloads
Lawrence Katz and Alan Krueger
3666: R&D Productivity: A Survey of Econometric Studies at the Firm Level Downloads
Jacques Mairesse and Mohamed Sassenou
3665: Dispersion and Heterogeneity of Firm Performances in Nine French Service Industries, 1984-1987 Downloads
Elisabeth Kremp and Jacques Mairesse
3664: Wage Bargaining and Unemployment Persistence Downloads
Olivier Blanchard
3663: Why Are There So Many Divided Senate Delegations? Downloads
Alberto Alesina, Morris Fiorina and Howard Rosenthal
3662: Targeting the Exchange Rate: An Empirical Investigation Downloads
Shula Pessach and Assaf Razin
3661: Political-Economy Arguments for a Uniform Tariff Downloads
Arvind Panagariya and Dani Rodrik
3660: The Earnings of Linguistic Minorities: French in Canada and Spanish in the United States Downloads
David Bloom and Gilles Grenier
3659: The Distribution of Family Income: Measuring and Explaining Changes in the 1980s for Canada and the United States Downloads
McKinley Blackburn and David Bloom
3658: Fiscal Deficits, Public Debt and Government Solvency: Evidence from OECD Countries Downloads
Giancarlo Corsetti and Nouriel Roubini
3657: Testing the Imports-as-Market-Discipline Hypothesis Downloads
James Levinsohn
3656: International VAT Harmonization: Economic Effects Downloads
Jacob A. Frenkel, Assaf Razin and Steve Symansky
3655: The Effect of the New Minimum Wage Law in a Low-Wage Labor Market Downloads
Lawrence Katz and Alan Krueger
3654: Debt Concentration and Secondary Markets Prices: A Theoretical and Empirical Analysis Downloads
Raquel Fernandez and Sule Ozler
3653: The Staying Power of Leveraged Buyouts Downloads
Steven Kaplan
3652: Information, Finance, and Markets: The Architecture of Allocative Mechanisms Downloads
Bruce C. Greenwald and Joseph Stiglitz
3651: Stochastic Equilibrium and Exchange Rate Determination in a Small Open Economy with Risk Averse Optimizing Agents Downloads
Earl L. Grinols and Stephen J Turnovsky
3650: Externalities, Incentives and Failure to Achieve National Objectives in Decentralized Economies Downloads
Joshua Aizenman and Peter Isard
3649: Tax Policy to Combat Global Warming: On Designing a Carbon Tax Downloads
James Poterba
3648: Efficient and Inefficient Employment Outcomes: A Study Based on Canadian Data Downloads
Louis Christofides and Andrew Oswald
3647: Work Incentives and the Demand for Primary and Contingent Labor Downloads
James Rebitzer and Lowell J. Taylor
3646: Why are Prices Sticky? Preliminary Results from an Interview Study Downloads
Alan Blinder
3645: The Enforceability of Private Money Contracts, Market Efficiency, and Technological Change Downloads
Gary Gorton
3644: Exchange Rate Volatility and International Prices Downloads
Robert Feenstra and Jon D. Kendall
3643: Measuring Risk Aversion From Excess Returns on a Stock Index Downloads
Ray Chou, Robert Engle and Alex Kane
3642: Price Equilibrium, Efficiency, and Decentralizability in Insurance Markets Downloads
Richard Arnott and Joseph Stiglitz
3641: The Invisible Hand and Modern Welfare Economics Downloads
Joseph Stiglitz
3640: Actual and Warranted Relations Between Asset Prices Downloads
Andrea E. Beltratti and Robert Shiller
3639: Nursing Home Discharges and Exhaustion of Medicare Benefits Downloads
Alan M. Garber and Thomas E. MaCurdy
3638: Shareholder Trading Practices and Corporate Investment Horizons Downloads
Kenneth Froot, Andre F. Perold and Jeremy Stein
3637: Persistent Differences in National Productivity Growth Rates with A Com-mon Technology and Free Capital Mobility: The Roles of Private Thrift Downloads
Willem Buiter and Kenneth Kletzer
3636: Currency Substitution and the Fluctuations of Foreign-Exchange Reserves with Credibly Fixed Exchange Rates Downloads
Alberto Giovannini
3635: Why Do Countries and Industries with Large Seasonal Cycles Also Have Large Business Cycles? Downloads
Joseph Beaulieu J., Jeffrey Mackie-Mason and Jeffrey Miron
3634: Decoupling Liability: Optimal Incentives for Care and Litigation Downloads
A. Mitchell Polinsky and Yeon-Koo Che
3633: Asset Returns and Intertemporal Preferences Downloads
Shmuel Kandel and Robert Stambaugh
3632: Is the Fisher Effect for Real? A Reexamination of the Relationship Between Inflation and Interest Rates Downloads
Frederic Mishkin
3631: Habit Persistence and Durability in Aggregate Consumption: Empirical Tests Downloads
Wayne Ferson and George Constantinides
3630: Lump-Sums, Profit Sharing, and the Labor Costs in the Union Sector Downloads
Linda A. Bell and David Neumark
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