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NBER Working Papers

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4757: The Effect of the Minimum Wage When It Really Bites: A Reexamination of the Evidence from Puerto Rico Downloads
Alan Krueger
4756: Multifactor Models Do Not Explain Deviations from the CAPM Downloads
A. Craig MacKinlay
4755: Changing Wage Structure and Black-White Differentials Among Men and Women: A Longitudinal Analysis Downloads
David Card and Thomas Lemieux
4754: Changes in the Structure of Family Income Inequality in the United States and Other Industrial Nationa During the 1980s Downloads
McKinley Blackburn and David Bloom
4753: American Regionalism and Global Free Trade Downloads
Edward Leamer
4752: The Great Wars, The Great Crash, and the Unit Root Hypothesis: Some New Evidence About an Old Stylized Fact Downloads
Dan Ben-David and David Papell
4751: The MFA Paradox: More Protection and More Trade? Downloads
Joseph Finger and Ann Harrison
4750: The Consumption Smoothing Benefits of Unemployment Insurance Downloads
Jonathan Gruber
4749: Precedent and Legal Argument in U.S. Trade Policy: Do They Matter To The Political Economy of the Lumber Dispute? Downloads
Joseph P. Kalt
4748: The Impact of Wage Structure on Trends in U.S. Gender Wage Differentials 1975-1987 Downloads
Francine Blau and Lawrence Kahn
4747: The Political Economy of U.S. Export Subsidies for Wheat Downloads
Bruce Gardner
4746: The Political-Economy of U.S. Automobile Protection Downloads
Douglas Nelson
4745: Trade Politics and the Semiconductor Industry Downloads
Douglas Irwin
4744: Localization Economies, Vertical Organization and Trade Downloads
Gordon Hanson
4743: Information, Trading and Stock Returns: Lessons from Dually-Listed Securities Downloads
K.C. Chan, Wai-Ming Fong and René Stulz
4742: The Effects of Minimum Wages on Employment: Theory and Evidence from the US Downloads
Richard Dickens, Stephen Machin and Alan Manning
4741: Downsizing and Productivity Growth: Myth or Reality? Downloads
Martin Neil Baily, Eric Bartelsman and John Haltiwanger
4740: The Legacy of Communist Labor Relations Downloads
David Blanchflower and Richard Freeman
4739: Learning By Doing and the Choice of Technology Downloads
Boyan Jovanovic and Yaw Nyarko
4738: Insignificant and Inconsequential Hysteresis: The Case of the U.S. Bilateral Trade Downloads
David Parsley and Shang-Jin Wei
4737: Anticipations of Foreign Exchange Volatility and Bid-Ask Spreads Downloads
Shang-Jin Wei
4736: On the Speed of Transition Central Europe Downloads
Philippe Aghion and Olivier Blanchard
4735: The Soviet Economic Decline: Historical and Republican Data Downloads
William Easterly and Stanley Fischer
4734: The Distribution of Public Sector Wage Premia: New Evidence Using Quantile Regression Methods Downloads
James Poterba and Kim Rueben
4733: British Unions in Decline: An Examination of the 1980s Fall in Trade Union Recognition Downloads
Richard Disney, Amanda Gosling and Stephen Machin
4732: Trade Unions and the Dispersion of Earnings in British Establishments, 1980-90 Downloads
Amanda Gosling and Stephen Machin
4731: An Analysis of Fee-Shifting Based on the Margin of Victory: On FrivolousSuits, Meritorious Suits and the Role of Rule 11 Downloads
Lucian Bebchuk and Howard F. Chang
4730: Externalities and Industrial Development Downloads
J. Vernon Henderson
4729: Training and the Growth of Wage Inequality Downloads
Jill Constantine and David Neumark
4728: Cities and Skills Downloads
Edward Glaeser and David Maré
4727: Transaction Costs in Dealer Markets: Evidence From The London Stock Exchange Downloads
Peter C. Reiss and Ingrid M. Werner
4726: A Comparison of Job Creation and Job Destruction in Canada and the United States Downloads
John Baldwin, Timothy Dunne and John Haltiwanger
4725: Capital Goods Imports and Long-Run Growth Downloads
Jong-Wha Lee
4724: The Valuation of Cash Flow Forecasts: An Empirical Analysis Downloads
Steven Kaplan and Richard S. Ruback
4723: Firm Diversification and CEO Compensation: Managerial Ability or Executive Entrenchment? Downloads
Nancy Rose and Andrea Shepard
4722: Testing Static Trade-off Against Pecking Order Models of Capital Structure Downloads
Lakshmi Shyam-Sunder and Stewart C. Myers
4721: Congressional Distributive Politics and State Economic Performance Downloads
Steven Levitt and James Poterba
4720: Implementing Option Pricing Models When Asset Returns Are Predictable Downloads
Andrew Lo and Jiang Wang
4719: Reconsidering the Costs of Business Cycles with Incomplete Markets Downloads
Andrew Atkeson and Christopher Phelan
4718: A Nonparametric Approach to Pricing and Hedging Derivative Securities Via Learning Networks Downloads
James M. Hutchinson, Andrew Lo and Tomaso Poggio
4717: A Stock Index Mutual Fund Without Net Capital Gains Realizations Downloads
Joel M. Dickson and John B. Shoven
4716: Trade, Wages and Revolving Door Ideas Downloads
Edward Leamer
4715: Trade and Circuses: Explaining Urban Giants Downloads
Alberto F. Ades and Edward Glaeser
4714: Evidence on Growth, Increasing Returns and the Extent of the Market Downloads
Alberto F. Ades and Edward Glaeser
4713: Regional Adjustment to Trade Liberalization Downloads
Gordon Hanson
4712: U.S. Interest Allocation Rules: Effects and Policy Downloads
Rosanne Altshuler and Jack Mintz
4711: Convergence in the Age of Mass Migration Downloads
Alan Taylor and Jeffrey Williamson
4710: U.S. Foreign Trade and the Balance of Payments, 1800-1913 Downloads
Robert Lipsey
4709: The U.S. Fiscal Problem: Where We Are, How We Got Here and Where We're Going Downloads
Alan Auerbach
4708: Alcohol Advertising and Motor Vehicle Fatalities Downloads
Henry Saffer
4707: The U-Shaped Female Labor Force Function in Economic Development and Economic History Downloads
Claudia Goldin
4706: A Semi-Classical Model of Price Level Adjustment Downloads
Bennett McCallum
4705: Recent Developments in the Marriage Tax Downloads
Daniel Feenberg and Harvey Rosen
4704: Executive Pay and Performance: Evidence from the U.S. Banking Industry Downloads
Robert Hubbard and Darius Palia
4703: The Tax Sensitivity of Foreign Direct Investment: Evidence from Firm-Level Panel Data Downloads
Jason Cummins and Robert Hubbard
4702: Portfolio Inefficiency and the Cross-Section of Expected Returns Downloads
Shmuel Kandel and Robert Stambaugh
4701: How Much Did Capital Forbearance Add to the Cost of the S&L Insurance Mess Downloads
Edward Kane and Min-Teh Yu
4700: Information and the Demand for Supplemental Medicare Insurance Downloads
Paul Gertler, Roland Sturm and Bruce Davidson
4699: The Effects of Monetary Policy Shocks: Some Evidence from the Flow of Funds Downloads
Lawrence Christiano, Martin Eichenbaum and Charles Evans
4698: Shocks Downloads
John Cochrane
4697: Macroeconomic Stabilization in Latin America: Recent Experience and Some Sequencing Issues Downloads
Sebastian Edwards
4696: Measuring Industry Specific Protection: Antidumping in the United States Downloads
Robert Staiger and Frank A. Wolak
4695: Issues in the Industrial Organization of the Market for Physician Services Downloads
Martin Gaynor
4694: Can Foreign Aid Accelerate Stabilization? Downloads
Alessandra Casella and Barry Eichengreen
4693: Exchange Rate Dynamics Redux Downloads
Maurice Obstfeld and Kenneth Rogoff
4692: Monetary Policy Rules and Financial Stability Downloads
Bennett McCallum
4691: Outward Direct Investment and the U.S. Economy Downloads
Robert Lipsey
4690: Why Is There Corporate Taxation In a Small Open Economy? The Role of Transfer Pricing and Income Shifting Downloads
Roger Gordon and Jeffrey Mackie-Mason
4689: Taxes, Leverage and the National Return on Outbound Foreign Direct Investment Downloads
Martin Feldstein
4688: Why Do Wage Profiles Slope Upwards? Tests of the General Human Capital Model Downloads
David Neumark and Paul Taubman
4687: The Economics of Adjustment Downloads
Andrew Caplin and John Leahy
4686: Cross-Border Banking Downloads
Jonathan Eaton
4685: Accounting Standards, Information Flow, and Firm Investment Behavior Downloads
Jason Cummins, Trevor S. Harris and Kevin Hassett
4684: Wage Inequality and Industrial Change: Evidence from Five Decades Downloads
Chinhui Juhn
4683: Foreign Direct Investment, Employment Volatility and Cyclical Dumping Downloads
Joshua Aizenman
4682: International R&D Spillovers Between U.S. and Japanese R&D Intensive Sectors Downloads
Jeffrey Bernstein and Pierre Mohnen
4681: Policy, Technology Adoption, and Growth Downloads
William Easterly, Robert King, Ross Levine and Sergio Rebelo
4680: The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience Downloads
Alwyn Young
4679: Minimum Wage Effects on Employment and School Enrollment Downloads
David Neumark and William Wascher
4678: International Differences in Male Wage Inequality: Institutions versus Market Forces Downloads
Francine Blau and Lawrence Kahn
4677: A Sticky-Price Manifesto Downloads
Laurence Ball and N. Gregory Mankiw
4676: Reverse Engineering the Yield Curve Downloads
David Backus and Stanley Zin
4675: Factor Hoarding and the Propagation of Business Cycles Shocks Downloads
Craig Burnside and Martin Eichenbaum
4674: Developments in Collective Bargaining in Construction in the 1980s and 1990s Downloads
Steven Allen
4673: The Impact of Prenatal Exposure to Cocaine on Newborn Costs and Length of Stay Downloads
Ted Joyce, Andrew D. Racine, Sandra McCalla and Hassan Wehbeh
4672: The Changing Labor Market Position of Canadian Immigrants Downloads
David Bloom, Gilles Grenier and Morley Gunderson
4671: Quality Change and other Influences on Measures of Export Prices of Manufactured Goods and the Terms of Trade between Primary Products and Manufacture Downloads
Robert Lipsey
4670: Household Responses for Pricing Garbage by the Bag Downloads
Don Fullerton and Thomas C. Kinnaman
4669: Do Teachers' Race, Gender, and Ethnicity Matter?: Evidence from NELS88 Downloads
Ronald Ehrenberg, Daniel D. Goldhaber and Dominic J. Brewer
4668: The Effects of Outbound Foreign Direct Investment on the Domestic Capital Stock Downloads
Martin Feldstein
4667: Do Repatriation Taxes Matter? Evidence from the Tax Returns of U.S. Multinationals Downloads
Rosanne Altshuler, T. Scott Newlon and William C. Randolph
4666: The Impact of Demographics on Housing and Non-Housing Wealth in the United States Downloads
Hilary Hoynes and Daniel McFadden
4665: The Consequences of Population Aging on Private Pension Fund Saving and Asset Markets Downloads
Sylvester J. Schieber and John B. Shoven
4664: Updated Notes on the Interindustry Wage Structure Downloads
Steven Allen
4663: The Impact of the Federal Reserve Bank's Open Market Operations Downloads
Campbell Harvey and Roger D. Huang
4662: Do Youths Substitute Alcohol and Marijuana? Some Econometric Evidence Downloads
Frank Chaloupka and Adit Laixuthai
4661: Fixed Exchange Rates, Inflation and Macroeconomic Discipline Downloads
Sebastian Edwards and Fernando J. Losada
4660: What Determines Expected International Asset Returns? Downloads
Campbell Harvey, Bruno Solnik and Guofu Zhou
4659: Balanced and Unbalanced Growth Downloads
James Rauch
4658: Sources of Real Exchange Rate Fluctuations: How Important are Nominal Shocks? Downloads
Richard Clarida and Jordi Gali
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