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Working Paper Series / Economic Activity Section

From Board of Governors of the Federal Reserve System (U.S.)
Contact information at EDIRC.

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103: Production smoothing evidence from physical-product data
Steven Braun and Spencer Krane
102: The covariability of productivity shocks across industries
David E. Lebow
101: Internal finance and investment: testing the role of asymmetric information and agency costs
Stephen Oliner and Glenn Rudebusch
100: A comparison of fiscal measures using reduced-form techniques
Darrel Cohen
99: An evaluation of the sources of aggregate price rigidity
John Roberts, David J. Stockton and Charles S. Struckmeyer
98: Business cycle duration dependence: a parametric approach
Daniel Sichel
97: Can we improve preliminary estimates of payroll employment growth?
David Neumark and William Wascher
96: Declining union strength and wage inflation in the 1980s
David Neumark
95: Does overtime use affect marginal cost?
John Roberts
94: Is superwoman a myth? marriage, children, and wages
Sanders Korenman and David Neumark
93: Business cycle asymmetry: a deeper look
Daniel Sichel
92: Capital gains taxation and the demand for owner-occupied housing
William Hoyt and Stuart Rosenthal
91: Regional labor markets, cost-of-living differentials, and migration
Stuart Gabriel, Janice Shack-Marquez and William Wascher
90: A nonparametric investigation of duration dependence in the American business cycle
Francis Diebold and Glenn Rudebusch
89: Evidence on price adjustment costs in U.S. manufacturing industry
John Roberts
88: A reconciliation of two empirical views of business cycle asymmetry
Daniel Sichel
87: Capital and the slowdown of growth in the United States: a review
Stephen Oliner
86: The impact of unseasonable weather on housing starts
Mark T. Cammarota
85: Measuring household saving: recent experience from the flow of funds perspective
James L. Freund, Wolfgang Lederer, John F. Wilson and Frederick O. Yohn
84: Expected appreciation for U.S. housing
Nicholas A. Walraven
83: Mortgage rationing in the post disintermediation era: does FHA make a difference?
John Duca and Stuart Rosenthal
82: Asymmetric inventory costs, aggregation, and production smoothing
Spencer Krane
81: Aggregative measures of price and quantity change in commodity markets
John Rosine
80: The effects of credit availability on consumer durable expenditures
John Duca
79: Credit rationing and the demand for owner-occupied housing
John Duca, Stuart Gabriel and Stuart Rosenthal
78: Social security benefits, consumption expenditure, and the life cycle hypothesis
David Wilcox
77: The substainability of government deficits: implications of the present- value borrowing constraint
David Wilcox
76: Are productivity fluctuations due to real supply shocks?
Glenn Rudebusch
75: Estimation of current-quarter GNP by pooling preliminary labor - market data
Steven Braun
74: Rental housing markets and the natural vacancy rate
Stuart Gabriel and Frank E. Nothaft
73: The effect of taxes on money demand and aggregate demand
Darrel Cohen
72: An empirical disequilibrium model of labor, consumption, and investment in the United States
Glenn Rudebusch
71: Tests of the specification and predictive accuracy of nonnested models of inflation
David J. Stockton and Charles S. Struckmeyer
70: Models and measures of fiscal policy
Darrel Cohen
69: Forecasting housing construction: lessons and puzzles from recent years
Stuart Gabriel and John L. Goodman
68: The size of the public sector, saving, and long-run output
Lawrence Slifman
67: The size of the public sector and long-run growth: a theoretical exposition
Darrel Cohen
66: Economic determinants of household formations and living arrangements
John L. Goodman
65: A residence time model of housing markets
Stuart Rosenthal
64: Examining alternative econometric specifications of the disequilibrium model: an empirical study with labor market data
Glenn Rudebusch
63: Some direct evidence on the importance of borrowing constraints to the labor force participation of married women
Janice Shack-Marquez and William Wascher
62: Accepted wages: examining transitions from unemployment and out of the labor force
Francis Horvath and Janice Shack-Marquez
61: Cyclical fluctuations in productivity in a long-run demand equation
Michael L. Wachter and William Wascher
60: Creative destruction and the behavior of productivity over the business cycle
Edward Montgomery and William Wascher
59: Cross-industry differences in race and gender wage differentials
Edward Montgomery and William Wascher
58: The fundamental determinants of aggregate debt and wealth
Mark J. Warshawsky
57: The macroeconomics of exchange rate shocks
Arnold Kling
56: An assessment of the effect of risk aversion on the quit decision of married men
Kathryn Shaw
55: Occupational change, employer change, and the transferability of skills
Kathryn Shaw
54: Profits, concessions, and the wage equation
Robert S. Gay
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