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NBER Working Papers
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856: New Methods for Analyzing Structural Models of Labor Force Dynamics
James J. Heckman and Christopher Flinn
855: Speculative Hyperinflations in Maximizing Models: Can We Rule Them Out?
Maurice Obstfeld and Kenneth S Rogoff
854: Severance Pay, Pensions, and Efficient Mobility
Edward Lazear
853: The Behavior of Money, Credit, and Prices in a Real Business Cycle
Robert G. King and Charles . Plosser
852: Energy and Resource Allocation: A Dynamic Model of the "Dutch Disease"
Michael Bruno and Jeffrey Sachs
851: Input Price Shocks and the Slowdown in Economic Growth: The Case of U.K.Manufacturing
Michael Bruno and Jeffrey Sachs
850: R and D and Productivity at the Industry Level: Is There Still a Relationship?
Zvi Griliches and Frank Lichtenberg
849: The Effects of the Minimum Wage on the Employment and Earnings of Youth
Robert H. Meyer and David Wise
848: The New Economics of Accelerated Depreciation
Alan Auerbach
847: Wages and Prices Are Not Always Sticky: A Century of Evidence for the United States, United Kingdom, and Japan
Robert J. Gordon
846: The Effect of the Minimum Wage on Employment and Unemployment: A Survey
Charles Brown , Curtis Gilroy and Andrew . Kohen
845: Expectations and Forecasts from Business Outlook Surveys
Victor Zarnowitz
844: The Labor Market Impact of Federal Regulation: OSHA, ERISA, EEO, and Minimum Wage
Olivia S. Mitchell
843: Tests of Rational Expectations and No Risk Premium in Forward Exchange Markats
David A. Hsieh
842: International Risk Sharing and the Choice of Exchange-Rate Regime
David A. Hsieh
841: Two Notes on Indeterminacy Problems
Robert P. Flood , Peter M. Garber and Louis O. Scott
840: A Comparison of Tournaments and Contracts
Jerry R. Green and Nancy L. Stokey
839: Structural Differences and Macroeconomic Adjustment to Oil Price Increases in a Three-Country Model
Nancy Peregrim Marion and Lars E. O. Svensson
838: Consumption, Asset Markets, and Macroeconomic Fluctuations
Robert J. Shiller
837: The Impact of Collective Bargaining: Can the New Facts Be Explained by Monopoly Unionism?
Richard B. Freeman and James L. Medoff
836: The Nonadjustment of Nominal Interest Rates: A Study of the Fisher Effect
Lawrence H. Summers
835: Expectations, Life Expectancy, and Economic Behavior
Daniel Hamermesh
834: Transitory Terms-of-Trade Shocks and the Current Account: The Case of Constant Time Preference
Maurice Obstfeld
833: Can We Sterilize? Theory and Evidence
Maurice Obstfeld
832: Exchange Rate Dynamics and the Overshooting Hypothesis
Jacob A. Frenkel and Carlos Alfredo Rodríguez
831: The Roles of Money and Credit in Macroeconomic Analysis
Benjamin M. Friedman
830: Debt Management Policy, Interest Rates, and Economic Activity
Benjamin M. Friedman
829: Dividend Taxes, Corporate Investment, and "Q"
James Poterba and Lawrence H. Summers
828: Long-Run Effects of the Accelerated Cost Recovery System
Don Fullerton and Yolanda K. Henderson
827: Estimating Wage-Fringe Trade-Offs: Some Data Problems
Robert S. Smith and Ronald G. Ehrenberg
826: Productivity and R and D at the Firm Level
Zvi Griliches and Jacques MAIRESSE
825: The Impacts on Capital Allocation of Some Aspects of the Economic Recovery Tax Act of 1981
Patric H. Hendershott and James D. Shilling
824: Inflation and the Valuation of Corporate Equities
Lawrence H. Summers
823: The Lender of Last Resort and the Run on the Savings and Loans
Peter M. Garber
822: Alternatives to the Current Maximum Tax on Earned Income
Lawrence B. Lindsey
821: New Measures of Labor Cost: Implications for Demand Elasticities and Nominal Wage Growth
Daniel Hamermesh
820: The Changing Economic Value of Higher Education in Developed Economies: A Report to the O.E.C.D
Richard B. Freeman
819: The Efficiency Gains from Dynamic Tax Reform
Alan Auerbach , Laurence J. Kotlikoff and Jonathan Skinner
818: Real Interest, Money Surprises and Anticipated Inflation
John H. Makin
817: Stockholder Tax Rates and Firm Attributes
Alan Auerbach
816: Troubled Workers in the Labor Market
Richard B. Freeman
815: Compliance with the Overtime Pay Provisions of the Fair Labor Standards Act
Ronald G. Ehrenberg and Paul L. Schumann
814: Adjustment and Structural Change under Supply Shocks
Michael Bruno
813: Health Care Incentives under Disability Insurance
Frederic P. Slade
812: Employment Effects of the Federal Minimum Wage
John F. Boschen and Herschel . Grossman
811: Pensions and Mortality
Paul J. Taubman
810: Secular Patterns in Corporate Finance
Robert A. Taggart
809: Why U.S. Wage and Employment Behavior Differs from That in Britain and Japan
Robert J. Gordon
808: Union Effects: Wages, Turnover, and Job Training
Jacob Mincer
807: A Positive Theory of Monetary Policy in a Natural-Rate Model
Robert J. Barro and David B. Gordon
806: Evaluating the Taxation of Risky Assets
Alan Auerbach
805: Compensating Wage Differentials for Mandatory Overtime
Ronald G. Ehrenberg and Paul L. Schumann
804: The Economics of Wage Floors
Jacob Mincer
803: Human Capital and Economic Growth
Jacob Mincer
802: Public Goods in Open Economies with Heterogeneous Individuals
Joseph E. Stiglitz
801: Macroeconomic Determinants of Real Exchange Rates
William H. Branson
800: "Double Dipping": The Combined Effects of Social Security and Civil Service Pensions on Employee Retirement
Gary Burtless and Jerry A. Hausman
799: A General Equilibrium Model of Taxation with Endogenous Financial Behavior
Joel Slemrod
798: Issues in the Taxation of Foreign Source Income
Daniel J. Frisch
797: Tariffs as Insurance: Optimal Commercial Policy When Domestic Markets Are Incomplete
Jonathan Eaton and Gene Grossman
796: The Current Account in the Eacroeconomic Adjustment Process
Jeffrey D. Sachs
795: Women, Children, and Industrialization in the Early Republic: Evidence from the Manufacturing Censuses
Claudia Goldin and Kenneth L. Sokoloff
794: Trade and Protection with Multistage Production
Avinash Kamalakar Dixit and Gene Grossman
793: Wages, Relative Prices, and the Choice between Fixed and Flexible Exchange Rates
Richard C. Marston
792: Intergenerational and International Trade
Rüdiger Dornbusch
791: The OPEC Surplus and U.S.-LDC Trade
William H. Branson
790: Time-Series Evidence of the Effect of the Minimum Wage on Youth Employment and Unemployment
Charles Brown , Curtis Gilroy and Andrew . Kohen
789: Does Anticipated Aggregate Demand Policy Matter? Further Econometric results
Frederic Mishkin
788: Stochastic Problems in the Simulation of Labor Supply
Jerry A. Hausman
787: Should Private Pensions Be Indexed?
Martin S. Feldstein
786: Patents, R and D, and the Stock Market Rate of Return
Ariel Pakes
785: Real versus Financial Openness under Alternative Exchange Rate Regimes
Michael Bruno
784: Domestic Tax Policy and Foreign Investment: Some Evidence
David G. Hartman
783: Seigniorage and Fixed Exchange Rates: An Optimal Inflation Tax Analysis
Stanley Fischer
782: Central Planning and Monetarism: Fellow Travelers?
Richard Portes
781: Unemployment, Unsatisfied Demand for Labor, and Compensation Growth in the United States, 1956-1980
James L. Medoff and Katharine Gail Abraham
780: Government and Health Outcomes
Michael Grossman
779: Real Interest Rates, Home Goods, and Optimal External Borrowing
Rüdiger Dornbusch
778: The Effects of Incomes Policies on the Frequency and Size of Wage Changes
John Pencavel
777: Agency, Delayed Compensation, and the Structure of Executive Remuneration
Jonathan Eaton and Harvey Rosen
776: Currency Diversification and Export Competitiveness: A Model of the "Egyptian Disease"
Jorge A. Braga de Macedo
775: Monetary Aggregates as Targets: Some Theoretical Aspects
Charles Freedman
774: Prices and Terms of Trade for Developed-Country Exports of Manufactured Goods
Irving B. Kravis and Robert E. Lipsey
773: The International Economics of Transitional Growth: The Case of the United States
Laurence J. Kotlikoff , Edward E. Leamer and Jeffrey Sachs
772: The Effects of Pensions and Earnings on Retirement: A Review Essay
Olivia S. Mitchell and Gary Fields
771: The Interaction between Research and Public Policy: The Case of Unemployment Insurance
Daniel Hamermesh
770: Capital Mobility and the Scope for Sterilization: Mexico in the 1970s
Robert E. Cumby and Maurice Obstfeld
769: Collective Bargaining and Compulsory Arbitration: Prescriptions for the Blue Flu
Casey Ichniowski
768: Schooling and Health: The Cigarette Connection
Phillip Farrell and Victor R. Fuchs
767: Employee Valuation of Pension Claims and the Impact of Indexing Initiatives
James Pesando
766: Exchange Rate Determination and the Demand for Money
Craig S. Hakkio
765: Low-Cost Student Labor: The Use and Effects of the Subminimum Wage Provisions for Full-time Students
Richard B. Freeman , Wayne B. Gray and Casey Ichniowski
764: The Potential for Using Excise Taxes to Reduce Smoking
Eugene M. Lewit and Douglas Coate
763: Partial Retirement and the Analysis of Retirement Behavior
Alan L. Gustman and Thomas L. Steinmeier
762: The Holding Period Distinction of the Capital Gains Tax
Steven Neil Kaplan
761: The Index of Leading Indicators: "Measurement without Theory," Twenty-Five Years Later
Alan Auerbach
760: Anticipated Money, Inflation Uncertainty, and Real Economic Activity
John H. Makin
759: Anticipated and Unanticipated Oil Price Increases and the Current Account
Nancy Peregrim Marion
758: Capital Gains Taxation in an Economy with an "Austrian Sector"
Dan Kovenock and Michael Rothschild
757: Tax Reform and Corporate Investment: A Microeconometric Simulation Study
Michael Alvin Salinger and Lawrence H. Summers