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3174: Prices during the Great Depression: Was the Deflation of 1930-32 really unanticipated? Downloads
Stephen Cecchetti
3173: Human Capital And Growth: Theory and Evidence Downloads
Paul Michael Romer
3172: A New Monthly Index of Industrial Production, 1884-1940 Downloads
Christina Duckworth Romer and Jeffrey A Miron
3171: Bull and Bear Markets in the Twentieth Century Downloads
Robert B Barsky and J. Bradford De Long
3170: Understanding Stock Price Behavior around the Time of Equity Issues Downloads
Robert Korajczyk, Deborah J. Lucas and Robert L. McDonald
3169: Equity Issues and Stock Price Dynamics Downloads
Deborah J. Lucas and Robert L. McDonald
3168: Two Tools for Analyzing Unemployment Downloads
Olivier J Blanchard
3167: The Impact of Industrial Relations Legislation on British Union Density Downloads
Richard B. Freeman and Jeffrey Pelletier
3166: Measuring 1992's Medium-Term Dynamic Effects Downloads
Richard Baldwin
3165: Long Swings in the Exchange Rate: Are they in the Data and Do Markets Know It? Downloads
Charles Engel and James Hamilton
3164: National Saving and International Investment Downloads
Martin S. Feldstein and Philippe Bacchetta
3163: International Trade Effects of Value Added Taxation Downloads
Paul R. Krugman and Martin S. Feldstein
3162: Could A Monetary Base Rule Have Prevented the Great Depression? Downloads
Bennett McCallum
3161: Latin American Economic Development: 1950-1980 Downloads
Eliana A. Cardoso and Albert Fishlow
3160: Real Business Cycles and the Test of the Adelmans Downloads
Robert G. King and Charles . Plosser
3159: A Quasi-Experimental Approach to the Effects of Unemployment Insurance Downloads
Bruce D. Meyer
3158: Commodity Prices and Inflation: Evidence From Seven Large Industrial Countries Downloads
James M. Boughton, William H. Branson and Alphecca Muttardy
3157: Explaining the Variance of Price Dividend Ratios Downloads
John H. Cochrane
3156: Japanese Finance: A Survey Downloads
Jeffrey Alexander Frankel
3155: Job Security and Work Force Adjustment: How Different are U.S. and Japanese Practices? Downloads
Katharine Gail Abraham and Susan N. Houseman
3154: Stock Market Forecastability and Volatility: A Statistical Appraisal Downloads
N. Gregory Mankiw, David Romer and Matthew D. Shapiro
3153: Yield Spreads and Interest Rate Movements: A Bird's Eye View Downloads
John Y. Campbell and Robert J. Shiller
3152: International Tax Competition and Gains from Tax Harmonization Downloads
Assaf Razin and Efraim Sadka
3151: Endogenous Growth and the role of History Downloads
Mervyn A. King and Mark Hunter Robson
3150: Demographics, Fiscal Policy, and U.S. Saving in the 1980s and Beyond Downloads
Alan Auerbach and Laurence J. Kotlikoff
3149: Does Performance-Based Managerial Compensation Affect Subsequent Corporate Performance? Downloads
John M. Abowd
3148: The Effects of Human Resource Management Decisions on Shareholder Value Downloads
John M. Abowd, George T. Milkovich and John M. Hannon
3147: Measureable Dynamic Gains from Trade Downloads
Richard Baldwin
3146: Real Wages, Monetary Accommodation, and Inflation Downloads
Elhanan Helpman and Leonardo Leiderman
3145: A Framework for studying Monetary Non-Neutrality Downloads
Robert Ernest Hall
3144: Spontaneous Volatility of Output and Investment Downloads
Robert Ernest Hall
3143: Temporal Agglomeration Downloads
Robert Ernest Hall
3142: Corporate Taxation and the Efficiency Gains of the 1986 Tax Reform Act Downloads
Jane G. Gravelle and Laurence J. Kotlikoff
3141: Multinational Corporations and Productivity Convergence in Mexico Downloads
Magnus Blomstrom and Edward Nathan Wolff
3140: What Do Rich Countries Trade with Each Other? R&D and the Composition of U.S. and Swedish Trade Downloads
Magnus Blomstrom, Robert E. Lipsey and Lennart Ohlsson
3139: Promoting Investment under International Capital Mobility: An Intertemporal General Equilibrium Analysis Downloads
Lans Bovenberg and Lawrence H. Goulder
3138: On the Sequencing of Structural Reforms Downloads
Sebastian Edwards
3137: Tax Credits for Debt Reduction Downloads
Michael Dooley and Elhanan Helpman
3136: Market Forces and the Public Good: Competition Among Hospitals and Provision of Indigent Care Downloads
Richard G. Frank, David S. Salkever and Jean Mitchell
3135: Public Confidence and Debt Management: A Model and A Case Study of Italy Downloads
Alberto Alesina, Alessandro Prati and Guido Tabellini
3134: Staggered Price Setting with Endogenous Frequency of Adjustment Downloads
David Romer
3133: Forecasting Aggregate Period Specific Birth Rates: The Time Series Properties of a Microdynamic Neoclassical Model of Fertility Downloads
James J. Heckman and James R. Walker
3132: Cost and Price Movements in Business Cycle Theories and Experience: Causes and Effects of OBserved Changes (SEE ALSO WP3131-Send out together) Downloads
Victor Zarnowitz
3131: Cost and Price Movements in Business Cycle Theories and Experience: Hypotheses of Sticky Wages and Prices (SEE ALSO WP3132-send out together) Downloads
Victor Zarnowitz
3130: Unit Roots in Real GNP: Do We Know, and Do We Care? Downloads
Lawrence J. Christiano and Martin Eichenbaum
3129: International Differences in Capital Taxation and Corporate Borrowing Behavior: Evidence from the U.S. Withholding Tax Downloads
Leslie E. Papke
3128: Endogenous Election Timings and Political Business Cycles in Japan Downloads
Takatoshi Ito
3127: The Evolution of Unjust-Dismissal Legislation in the United States Downloads
Alan B. Krueger
3126: The Information in the Longer Maturity Term Structure about Future Inflation Downloads
Frederic Mishkin
3125: A Multi-Country Study of the Information in the Term Structure about Future Inflation Downloads
Frederic Mishkin
3124: International Monetary Instability Between the Wars: Structural Flaws or Misguided Policies? Downloads
Barry Julian Eichengreen
3123: The Effects of Immigration on the Labor Market Outcomes of Natives Downloads
Joseph G. Altonji and David E. Card
3122: The Gold Standard Since Alec Ford Downloads
Barry Julian Eichengreen
3121: Debt Write-Downs and Debt-Equity Swaps in the Two Sector Model Downloads
Linda S. Goldberg and Mark M Spiegel
3120: Economic Growth in a Cross Section of Countries Downloads
Robert J. Barro
3119: The Growth Effects of 1992 Downloads
Richard Baldwin
3118: The Non-Optimality of Optimal Trade Policy: The U.S. Automobile Indust ry Revisited, 1979-1985 Downloads
Kala Krishna, Kathleen Hogan and Phillip Lee Swagel
3117: Solving Nonlinear Stochastic Growth Models: A Comparison of Alternative Solution Methods Downloads
John B. Taylor and Harald Uhlig
3116: Investment, Finacial Factors and Cash Flow: Evidence From UK Panel Data Downloads
Michael P. Devereux and Fabio Schiantarelli
3115: AIL Theory and the Ailing Phillips Curve: A Contract Based Approach to Aggregate Supply Downloads
Roger E. A. Farmer
3114: Introducing Risky Housing and Endogenous Tenure Choice into Portfolio- Based General Equilibrium Models Downloads
Patric H. Hendershott and Yunhi Won
3113: Social Security and the Determinants of Full and Partial Retirement: A Competing Risks Analysis Downloads
Glenn T. Sueyoshi
3112: Capital Controls and International Trade Finance Downloads
Alberto Giovannini and Jan Won Park
3111: Corporate Payouts and the Tax Price of Corporate Retentions: Evidence from the Undistributed Profits Tax of 1936-1938 Downloads
Robert Glenn Hubbard and Peter C. Reiss
3110: The Stolper-Samuelson Theorem Reconsidered: An Example of Ricardian Dynamic Trade Effects Downloads
Richard Baldwin
3109: Asset Prices and Interest Rates in Cash-In-Advance Models Downloads
Alberto Giovannini and Pamela Labadie
3108: Striking for a Bargain Between Two Completely Informed Agents Downloads
Raquel Fernandez and Jacob Glazer
3107: Liquidity Constraints in Production Based Asset Pricing Models Downloads
William A. Brock and Blake Lebaron
3106: An Equilibrium Theory of Excess Volatility and Mean Reversion in Stock Market Prices Downloads
Alan J. Marcus
3105: A Shred of Evidence on Theories of Wage Stickiness Downloads
Alan S. Blinder and Don H. Choi
3104: The Fisherian Time Preference and the Ebolution of Capital Ownership Patterns in a Global Economy Downloads
Kyoji Fukao and Koichi Hamada
3103: World Integration, Competitive and Bargaining Regimes Switch: an Exploration Downloads
Joshua Aizenman
3102: Inflationary Expectations and Price Setting Behavior Downloads
Ray C. Fair
3101: Pension Funds and Financial Innovation Downloads
Zvi Bodie
3100: The McKibbin-Sachs Global Model: Theory and Specifications Downloads
Warwick J. McKibbin and Jeffrey D. Sachs
3099: Quality Ladders in the Theory of Growth Downloads
Gene Grossman and Elhanan Helpman
3098: Increasing Returns and New Developments in the Theory of Growth Downloads
Paul Michael Romer
3097: The Comparative Performance of Fixed and Flexible Exchange Rate Regimes: Interwar Evidence Downloads
Barry Julian Eichengreen
3096: The Capital Levy in Theory and Practice Downloads
Barry Julian Eichengreen
3095: The Effects of Changes in Tax Laws on Corporate Reorganization Activity Downloads
Myron S. Scholes and Mark A. Wolfson
3094: Employee Stock Ownership Plans and Corporate Restructuring: Myths and Realities Downloads
Myron S. Scholes and Mark A. Wolfson
3093: Decentralized Investment Banking: The Case of Discount Dividend-Reinve stment and Stock-Purchase Plans Downloads
Myron S. Scholes and Mark A. Wolfson
3092: Converting Corporations to Partnerships through Leverage: Theoretical and Practical Impediments Downloads
Myron S. Scholes and Mark A. Wolfson
3091: Intrinsic Bubbles: The Case of Stock Prices Downloads
Kenneth A. Froot and Maurice Obstfeld
3090: Consumption Growth Parallels Income Growth: Some New Evidence Downloads
Christopher Carroll and Lawrence H. Summers
3089: Incentive Effects of Workers' Compensation Insurance Downloads
Alan B. Krueger
3088: Financial Integration, Liquidity and Exchange Rates Downloads
Vittorio Grilli and Nouriel Roubini
3087: Changing the Social Security Rules for Workers over 65: Proposed Policies and Their Effects Downloads
Alan L. Gustman and Thomas L. Steinmeier
3086: The Stampede Toward Defined Contribution Pension Plans: Fact or Fiction? Downloads
Alan L. Gustman and Thomas L. Steinmeier
3085: Evaluating Pension Policies in a Model with Endogeous Contributions Downloads
Alan L. Gustman and Thomas L. Steinmeier
3084: Explaining Pension Dynamics Downloads
Rebecca A. Luzadis and Olivia S. Mitchell
3083: Collateral, Rationing and Government Intervention in Credit Markets Downloads
William Glenn Gale
3082: Health Benefits of Increases in Alcohol and Cigarette Taxes Downloads
Michael Grossman
3081: Wage and Employment Uncertainty and the Labor Force Participation Decisions of Married Women Downloads
Francine Blau and Adam J. Grossberg
3080: Optimal Incentives to Domestic Investment in the Presence of Capital Flight Downloads
Assaf Razin and Efraim Sadka
3079: Bank Monitoring and Investment: Evidence from the Changing Structure of Japanese Corporate Banking Relationships Downloads
Takeo Hoshi, Anil K Kashyap and David Scharfstein
3078: Tax Compliance: An Investigation Using Individual TCMP Data Downloads
Helen V. Tauchen, Ann Dryden Witte and Kurt J. Beron
3077: Economic and Financial Determinants of Oil and Gas Exploration Activity Downloads
Peter C. Reiss
3076: Distance, Demand, and Oligopoly Pricing Downloads
Robert C. Feenstra and James Levinsohn
3075: Israel's Crisis and Economic Reform: A Historical Perspective Downloads
Michael Bruno
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