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NBER Working Papers

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6071: Money, Sticky Wages, and the Great Depression Downloads
Michael Bordo, Christopher Erceg and Charles Evans
6070: Intergenerational Earnings Mobility, Inequality, and Growth Downloads
Ann Owen and David Weil
6069: Intra-National, Intra-Continental, and Intra-Planetary PPP Downloads
Charles Engel, Michael K. Hendrickson and John Rogers
6068: Debt and Corporate Performance: Evidence from Unsuccessful Takeovers Downloads
Assem Safieddine and Sheridan Titman
6067: Recent Immigrants: Unexpected Implications for Crime and Incarceration Downloads
Kristin Butcher and Anne Piehl
6066: Japanese Research Consortia: A Microeconometric Analysis of Industrial Policy Downloads
Lee Branstetter and Mariko Sakakibara
6065: Are International R&D Spillovers Trade-Related? Analyzing Spillovers Among Randomly Matched Trade Partners Downloads
Wolfgang Keller
6064: Excess Capital Flows and the Burden of Inflation in Open Economies Downloads
Mihir A. Desai and James Hines
6063: The Legacy of Deposit Insurance: The Growth, Spread, and Cost of Insuring Financial Intermediaries Downloads
Eugene White
6062: Does Inflation Harm Economic Growth? Evidence for the OECD Downloads
Javier Andrés and Ignacio Hernando
6061: Identifying Inflation's Grease and Sand Effects in the Labor Market Downloads
Erica Groshen and Mark Schweitzer
6060: The Gold Standard and the Great Depression Downloads
Barry Eichengreen and Peter Temin
6059: Were Trade and Factor Mobility Substitutes in History? Downloads
William Collins, Kevin O'Rourke and Jeffrey Williamson
6058: Tax Rates and Work Incentives in the Social Security Disability Insurance Program: Current Law and Alternative Reforms Downloads
Hilary Hoynes and Robert Moffitt
6057: Public Radio in the United States: Does It Correct Market Failure or Cannibalize Commercial Stations? Downloads
Steven Berry and Joel Waldfogel
6056: What Do a Million Banks Have to Say About the Transmission of Monetary Policy? Downloads
Anil Kashyap and Jeremy Stein
6055: The Economics of Prefunding Social Security and Medicare Benefits Downloads
Martin Feldstein and Andrew Samwick
6054: Less of a Luxury: The Rise of Recreation since 1888 Downloads
Dora Costa
6053: Nonlinear Aspects of Goods-Market Arbitrage and Adjustment: Heckscher's Commodity Points Revisited Downloads
Maurice Obstfeld and Alan Taylor
6052: Productivity Measurement and the Impact of Trade and Technology on Wages: Estimates for the U.S., 1972-1990 Downloads
Robert Feenstra and Gordon Hanson
6051: Experimental Estimates of Education Production Functions Downloads
Alan Krueger
6050: Labor Mobility from Academe to Commerce Downloads
Lynne Zucker, Michael Darby and Maximo Torero
6049: An Economic Theory of GATT Downloads
Kyle Bagwell and Robert Staiger
6048: Balladurette and Juppette: A Discrete Analysis of Scrapping Subsidies Downloads
Jerome Adda and Russell Cooper
6047: The Effect of Welfare Payments on the Marriage and Fertility Behavior of Unwed Mothers: Results from a Twins Experiment Downloads
Jeffrey Grogger and Stephen Bronars
6046: Inflation and the User Cost of Capital: Does Inflation Still Matter? Downloads
Darrel Cohen, Kevin Hassett and Robert Hubbard
6045: Average Interest Downloads
George Chacko and Sanjiv Das
6044: Evidence from Patents and Patent Citations on the Impact of NASA and Other Federal Labs on Commercial Innovation Downloads
Adam Jaffe, Michael S. Fogarty and Bruce A. Banks
6043: The Pricing of U.S. Catastrophe Reinsurance Downloads
Kenneth Froot and Paul G. J. O'Connell
6042: The Future of Old-Age Longevity: Competitive Pricing of Mortality Contingent Claims Downloads
Charles Mullin and Tomas Philipson
6041: Public Health Insurance and Private Savings Downloads
Jonathan Gruber and Aaron Yelowitz
6040: The Impact and Organization of Publicly-Funded Research and Development in the European Community Downloads
Maryann P. Feldman and Frank Lichtenberg
6039: Wage Dispersion and Country Price Levels Downloads
Robert Lipsey and Birgitta Swedenborg
6038: Unemployment vs. Mismatch of Talents: Reconsidering Unemployment Benefits Downloads
Ramon Marimon and Fabrizio Zilibotti
6037: Ohio School Milk Markets: An Analysis of Bidding Downloads
Robert Porter and John Zona
6036: Environmental Regulation, Investment Timing, and Technology Choice Downloads
Wayne Gray and Ron Shadbegian
6035: Insuring Consumption Against Illness Downloads
Paul Gertler and Jonathan Gruber
6034: Abortion Legalization and Child Living Circumstances: Who is the "Marginal Child?" Downloads
Jonathan Gruber, Phillip Levine and Doug Staiger
6033: Complementarity and Cost Reduction: Evidence from the Auto Supply Industry Downloads
Susan Helper
6032: Predation and Its Rate of Return: The Sugar Industry, 1887-1914 Downloads
David Genesove and Wallace P. Mullin
6031: Cohort Crowding and Youth Labor Markets: A Cross-National Analysis Downloads
Sanders Korenman and David Neumark
6030: How Taxing is Corruption on International Investors? Downloads
Shang-Jin Wei
6029: Impact of Augmented Prenatal Care on Birth Outcomes of Medicaid Recipients in New York City Downloads
Ted Joyce
6028: Testing Endogenous Growth in South Korea and Taiwan Downloads
Robert Feenstra, Dorsati Madani, Tzu-Han Yang and Chi-Yuan Liang
6027: National Borders, Trade and Migration Downloads
John Helliwell
6026: Does Parents' Money Matter? Downloads
John Shea
6025: The Limited Financing of Catastrophe Risk: An Overview Downloads
Kenneth Froot
6024: Openness, Country Size and the Government Downloads
Alberto Alesina and Romain Wacziarg
6023: Answering the Critics: Yes, ARCH Models Do Provide Good Volatility Forecasts Downloads
Torben Andersen and Tim Bollerslev
6022: Asymmetric Volatility and Risk in Equity Markets Downloads
Geert Bekaert and Guojun Wu
6021: Garbage and Recycling in Communities with Curbside Recycling and Unit-Based Pricing Downloads
Thomas C. Kinnaman and Don Fullerton
6020: Ethical Foundations of Financial Regulation Downloads
Edward Kane
6019: Regional Integration and Foreign Direct Investment Downloads
Magnus Blomstrom and Ari Kokko
6018: Public-Private Interaction and the Productivity of Pharmaceutical Research Downloads
Iain Cockburn and Rebecca Henderson
6017: Sectoral Productivity, Government Spending and Real Exchange Rates: Empirical Evidence for OECD Countries Downloads
Menzie Chinn
6016: Issues in the Design of Monetary Policy Rules Downloads
Bennett McCallum
6015: Understanding the Great Depression: Lessons for Current Policy Downloads
Stephen Cecchetti
6014: The Control of Strategic Alliances: An Empirical Analysis of Biotechnology Collaborations Downloads
Josh Lerner and Robert P. Merges
6013: The Incidence of Medicare Downloads
Mark McClellan and Jonathan Skinner
6012: Spurts in Union Growth: Defining Moments and Social Processes Downloads
Richard Freeman
6011: On The Pricing of Intermediated Risks: Theory and Application to Catastrophe Reinsurance Downloads
Kenneth Froot and Paul G. J. O'Connell
6010: Do Wages Rise with Job Seniority? A Reassessment Downloads
Joseph Altonji and Nicolas Williams
6009: Public Goods and Ethnic Divisions Downloads
Alberto Alesina, Reza Baqir and William Easterly
6008: Urban Growth Downloads
Duncan Black and J. Vernon Henderson
6007: Hot Money Downloads
Varadarajan Chari and Patrick Kehoe
6006: International Trade Between Consumer and Conservationist Countries Downloads
James Brander and M. Scott Taylor
6005: Industry Evolution and Transition: A Neoclassical Benchmark Downloads
Andrew Atkeson and Patrick Kehoe
6004: The Optimal Tax Rate for Capital Income is Negative Downloads
Kenneth Judd
6003: Local Violence, Educational Attainment, and Teacher Pay Downloads
Jeffrey Grogger
6002: New Evidence on the Money's Worth of Individual Annuities Downloads
Olivia Mitchell, James Poterba and Mark J. Warshawsky
6001: The History of Annuities in the United States Downloads
James Poterba
6000: Government Debt and Social Security in a Life-Cycle Economy Downloads
Mark Gertler
5999: A Clinical Exploration of Value Creation and Destruction in Acquisitions: Organizational Design, Incentives, and Internal Capital Markets Downloads
Steven Kaplan, Mark L. Mitchell and Karen H. Wruck
5998: Can Higher Cigarette Taxes Improve Birth Outcomes? Downloads
William Evans and Jeanne S. Ringel
5997: Sovereign Debt and Consumption Smoothing Downloads
Herschel Grossman and Taejoon Han
5996: Capital-Market Imperfections and Investment Downloads
Robert Hubbard
5995: The Determinants of Public Education Expenditures: Evidence from the States, 1950-1990 Downloads
Raquel Fernandez and Richard Rogerson
5994: Business Cycles: Theory, Evidence and Implications Downloads
Russell W. Cooper
5993: The Case for a Two-Part Instrument: Presumptive Tax and Environmental Subsidy Downloads
Don Fullerton and Ann Wolverton
5992: Does Acquisition of a GED Lead to More Training, Post-Secondary Education, and Military Service for School Dropouts? Downloads
Richard Murnane, John B. Willett and Kathryn Parker Boudett
5991: Are Countries with Official International Restrictions "Liquidity Constrained?" Downloads
Karen K. Lewis
5990: U.S. Exports, 1972-1994: With State Exports and Other U.S. Data Downloads
Robert Feenstra
5989: The Impact of Psychiatric Disorders on Labor Market Outcomes Downloads
Susan L. Ettner, Richard G. Frank and Ronald C. Kessler
5988: Labor Earnings Mobility and Inequality in the United States and Germany During the Growth Years of the 1980s Downloads
Richard Burkhauser, Douglas Holtz-Eakin and Stephen E. Rhody
5987: The Effect of Managed Care on Health Care Providers Downloads
Laurence C. Baker and Martin L. Brown
5986: The Great Depression and the Regulating State: Federal Government Regulation of Agriculture: 1884-1970 Downloads
Gary Libecap
5985: The Technology of Birth: Health Insurance, Medical Interventions, and Infant Health Downloads
Janet Currie and Jonathan Gruber
5984: Identifying the Common Component in International Economic Fluctuations Downloads
Robin L. Lumsdaine and Eswar Prasad
5983: Market Wages and Youth Crime Downloads
Jeffrey Grogger
5982: Cellular Telephone, New Products and the CPI Downloads
Jerry Hausman
5981: The Sugar Institute Learns to Organize Information Exchange Downloads
David Genesove and Wallace P. Mullin
5980: Alternative Strategies for Aggregating Prices in the CPI Downloads
Matthew Shapiro and David Wilcox
5979: Economic Growth and Real Exchange Rate: An Overview of the Balassa-Samuelson Hypothesis in Asia Downloads
Takatoshi Ito, Peter Isard and Steven Symansky
5978: Openness, Productivity and Growth: What Do We Really Know? Downloads
Sebastian Edwards
5977: Banks and Macroeconomics Disturbances under Predetermined Exchange Rates Downloads
Sebastian Edwards and Carlos Vegh
5976: Taming the Skew: Higher-Order Moments in Modeling Asset Price Processes in Finance Downloads
Sanjiv Das and Rangarajan K. Sundaram
5975: Putting Things in Order: Patterns of Trade Dynamics and Growth Downloads
Robert Feenstra and Andrew Rose
5974: The Forecasting Ability of Correlations Implied in Foreign Exchange Options Downloads
Jose Campa and P. H. Kevin Chang
5973: The Demand for Hours of Labor: Direct Evidence from California Downloads
Daniel Hamermesh and Stephen Trejo
5972: The Way We Were (And Are): Changes in Public Finance and Its Textbooks Downloads
Harvey Rosen
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