NBER Working Papers

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10339: Who Bears the Burden of Social Insurance?

Kohei Komamura and Atsuhiro Yamada

10338: What Really Happened to Consumption Inequality in the US?

Orazio Attanasio, Erich Battistin and Hidehiko Ichimura

10337: Capital Controls, Liberalizations, and Foreign Direct Investement

Mihir A. Desai, C. Fritz Foley and James Hines

10336: A Risk Management Approach to Emerging Market's Sovereign Debt Sustainability with an Application to Brazilian Data

Marcio Garcia and Roberto Rigobon

10335: From the Valley to the Summit: The Quiet Revolution that Transformed Women's Work

Claudia Goldin

10334: Coordination vs. Differentiation in a Standards War: 56K Modems

Angelique Augereau, Shane Greenstein and Marc Rysman

10333: Are Policy Platforms Capitalized into Equity Prices? Evidence from the Bush/Gore 2000 Presidential Election

Brian Knight

10332: The Revived Bretton Woods System: The Effects of Periphery Intervention and Reserve Management on Interest Rates & Exchange Rates in Center Countries

Michael Dooley, David Folkerts-Landau and Peter Garber

10331: The Long Road to the Fast Track: Career and Family

Claudia Goldin

10330: Empirical Estimates for Environmental Policy Making in a Second-Best Setting

Sarah West and Roberton Williams

10329: Good versus Bad Deflation: Lessons from the Gold Standard Era

Michael Bordo, John Landon-Lane and Angela Redish

10328: The Expanding Pharmaceutical Arsenal in the War on Cancer

Frank Lichtenberg

10327: Flight to Quality, Flight to Liquidity, and the Pricing of Risk

Dimitri Vayanos

10326: The Consequences of Rigid Wages in Search Models

Robert Shimer

10325: Production Function and Wage Equation Estimation with Heterogeneous Labor: Evidence from a New Matched Employer-Employee Data Set

Judith Hellerstein and David Neumark

10324: The Illusion of Sustainability

Michael Kremer and Edward Miguel

10323: Market Power versus Efficiency Effects of Mergers and Research Joint Ventures: Evidence from the Semiconductor Industry

Ralph Siebert and Klaus Gugler

10322: The (Un)changing Geographical Distribution of Housing Tax Benefits: 1980 to 2000

Todd Sinai and Joseph Gyourko

10321: Taxation and Corporate Payout Policy

James Poterba

10320: Household vs. Personal Accounts of the U.S. Labor Market, 1965-2000

Casey Mulligan and Yona Rubinstein

10319: Surviving the U.S. Import Market: The Role of Product Differentiation

Tibor Besedes and Thomas Prusa

10318: Is the Invisible Hand Discerning or Indiscriminate? Investment and Stock Prices in the Aftermath of Capital Account Liberalizations

Anusha Chari and Peter Henry

10317: International Trade and Child Labor: Cross-Country Evidence

Eric Edmonds and Nina Pavcnik

10316: Why do Americans Work so Much More than Europeans?

Edward Prescott

10315: Putting Computerized Instruction to the Test: A Randomized Evaluation of a "Scientifically-based" Reading Program

Cecilia E. Rouse and Alan Krueger

10314: Globalization and the Gains from Variety

Christian Broda and David Weinstein

10313: Ethnic Diversity and Economic Performance

Alberto Alesina and Eliana La Ferrara

10312: Opportunities, Race, and Urban Location: The Influence of John Kain

Edward Glaeser, Eric Hanushek and John Quigley

10311: Changes in the Disparities in Chronic Disease during the Course of the Twentieth Century

Robert Fogel

10310: The Economic Future of Europe

Olivier Blanchard

10309: Technology Shocks in the New Keynesian Model

Peter Ireland

10308: Asbestos and the Future of Mass Torts

Michelle White

10307: Consumption vs. Expenditure

Mark Aguiar and Erik Hurst

10306: Rearranging the Family? Income Support and Elderly Living Arrangements in a Low Income Country

Eric Edmonds, Kristin Mammen and Douglas Miller

10305: Personal Accounts and Family Retirement

Alan Gustman and Thomas L. Steinmeier

10304: Does "Aggregation Bias" Explain the PPP Puzzle?

Shiu-Sheng Chen and Charles Engel

10303: Robustness of Productivity Estimates

Johannes Van Biesebroeck

10302: The Economics of Latin American Art: Creativity Patterns and Rates of Return

Sebastian Edwards

10301: Did Dividends Increase Immediately After the 2003 Reduction in Tax Rates?

Jennifer L. Blouin, Jana Smith Raedy and Douglas Shackelford

10300: Market Integration and Economic Development: A Long-run Comparison

Wolfgang Keller and Carol Shiue

10299: The Best of Times, the Worst of Times: Health and Nutrition in Pre-Columbian America

Richard Steckel

10298: Interest Rates and Initial Public Offerings

Boyan Jovanovic and Peter Rousseau

10297: Dynamics of Labor Demand: Evidence from Plant-level Observations and Aggregate Implications

Russell Cooper, John Haltiwanger and Jonathan Willis

10296: Serial Default and the "Paradox" of Rich to Poor Capital Flows

Carmen Reinhart and Kenneth Rogoff

10295: How Do Banks Set Interest Rates?

Leonardo Gambacorta

10294: Aggregate Supply and Potential Output

Assaf Razin

10293: The Positive Link Between Financial Liberalization, Growth and Crises

Aaron Tornell, Frank Westermann and Lorenza Martinez

10292: Subsidy Agreements

Kyle Bagwell and Robert Staiger

10291: How Much Equity Does the Government Hold?

Alan Auerbach

10290: Monetary and Fiscal Remedies for Deflation

Alan Auerbach and Maurice Obstfeld

10289: NAFTA and Mexico's Less-Than-Stellar Performance

Aaron Tornell, Frank Westermann and Lorenza Martinez

10288: Legal Regime and Business's Organizational Choice: A Comparison of France and the United States

Naomi R. Lamoreaux and Jean-Laurent Rosenthal

10287: Mandatory Unbundling and Irreversible Investment in Telecom Networks

Robert Pindyck

10286: Self-Employment: More may not be better

David Blanchflower

10285: ENTICE-BR: The Effects of Backstop Technology R&D on Climate Policy Models

David Popp

10284: Capital Controls: Mud in the Wheels of Market Discipline

Kristin Forbes

10283: Equilibrium Policy Experiments and the Evaluation of Social Programs

Jeremy Lise, Shannon Seitz and Jeffrey Smith

10282: Social Security and Unsecured Debt

Erik Hurst and Paul Willen

10281: The Demand for Sons: Evidence from Divorce, Fertility, and Shotgun Marriage

Gordon Dahl and Enrico Moretti

10280: Monetary Policy and the Volatility of Real Exchange Rates in New Zealand

Kenneth West

10279: Cross-country Conversion Factors for Sectoral Productivity Comparisons

Johannes Van Biesebroeck

10278: Demand Estimation with Heterogeneous Consumers and Unobserved Product Characteristics: A Hedonic Approach

C. Lanier Benkard and Patrick Bajari

10277: Financial Openness, Sudden Stops and Current Account Reversals

Sebastian Edwards

10276: Thirty Years of Current Account Imbalances, Current Account Reversals and Sudden Stops

Sebastian Edwards

10275: Tax-Motivated Trading by Individual Investors

Zoran Ivkovich, James Poterba and Scott Weisbenner

10274: Single Mothers Working at Night: Standard Work, Child Care Subsidies, and Implications for Welfare Reform

Erdal Tekin

10273: Reported Incomes and Marginal Tax Rates, 1960-2000: Evidence and Policy Implications

Emmanuel Saez

10272: Chaotic Interest Rate Rules: Expanded Version

Jess Benhabib, Stephanie Schmitt-Grohe and Martín Uribe

10271: Does Copyright Piracy Pay? The Effects of U.S. International Copyright Laws on the Market for Books, 1790-1920

B. Zorina Khan

10270: The Declining Equity Premium: What Role Does Macroeconomic Risk Play?

Martin Lettau, Sydney Ludvigson and Jessica Wachter

10269: Does Competition Destroy Ethical Behavior?

Andrei Shleifer

10268: Deflation and Depression: Is There and Empirical Link?

Andrew Atkeson and Patrick Kehoe

10267: Accounting for Exchange Rate Variability in Present-Value Models When the Discount Factor is Near One

Charles Engel and Kenneth West

10266: Life-Cycle Consumption and the Age-Adjusted Value of Life

Thomas Kniesner, James Ziliak and W Viscusi

10265: Does Illiquidity Alter Child Labor and Schooling Decisions? Evidence from Household Responses to Anticipated Cash Transfers in South Africa

Eric Edmonds

10264: Investor Behavior in the Option Market

Josef Lakonishok, Inmoo Lee and Allen M. Poteshman

10263: Inflation Illusion and Stock Prices

John Campbell and Tuomo Vuolteenaho

10262: What do Aggregate Consumption Euler Equations Say about the Capital Income Tax Burden?

Casey Mulligan

10261: Deep Habits

Morten Ravn, Stephanie Schmitt-Grohe and Martín Uribe

10260: Are Americans Saving "Optimally" for Retirement?

John Scholz, Ananth Seshadri and Surachai Khitatrakun

10259: Why Are Most Funds Open-End? Competition and the Limits of Arbitrage

Jeremy Stein

10258: R&D Investments with Competitive Interactions

Kristian R. Miltersen and Eduardo S. Schwartz

10257: Is There a Retirement-Consumption Puzzle? Evidence Using Subjective Retirement Expectations

Steven Haider and Melvin Stephens

10256: Market Culture: How Norms Governing Exploding Offers Affect Market Performance

Muriel Niederle and Alvin Roth

10255: The Great Depression and the Friedman-Schwartz Hypothesis

Lawrence Christiano, Roberto Motto and Massimo Rostagno

10254: The Response of Hours to a Technology Shock: Evidence Based on Direct Measures of Technology

Lawrence Christiano, Martin Eichenbaum and Robert Vigfusson

10253: Optimal Simple and Implementable Monetary and Fiscal Rules

Stephanie Schmitt-Grohe and Martín Uribe

10252: A Search for Multiple Equilibria in Urban Industrial Structure

Donald Davis and David Weinstein

10251: Air Pollution and Infant Health: What Can We Learn From California's Recent Experience

Janet Currie and Matthew Neidell

10250: Tight Clothing: How the MFA Affects Asian Apparel Exports

Carolyn Evans and James Harrigan

10249: National Sovereignty in an Interdependent World

Kyle Bagwell and Robert Staiger

10248: Persuasion in Politics

Kevin Murphy and Andrei Shleifer

10247: How Well Do Parents With Young Children Combine Work and Family Life

Christopher Ruhm

10246: Financial Development and the Instability of Open Economies

Philippe Aghion, Philippe Bacchetta and Abhijit Banerjee

10245: A Scapegoat Model of Exchange Rate Fluctuations

Philippe Bacchetta and Eric van Wincoop

10244: Fooling Ourselves: Evaluating the Globalization and Growth Debate

Juan Hallak and James Levinsohn

10243: The Labor Market Effects of the 1960s Riots

William Collins and Robert Margo

10242: How Financial Aid Affects Persistence

Eric Bettinger

10241: Bureaucrats or Politicians?

Alberto Alesina and Guido Tabellini

10240: Incentives vs. Control: An Analysis of U.S. Dual-Class Companies

Paul Gompers, Joy Ishii and Andrew Metrick