NBER Working Papers

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7539: Have Falling Tariffs and Transportation Costs Raised U.S. Wage Inequality?

Jonathan Haskel and Matthew J. Slaughter

7538: Heart of Darkness: Modeling Public-Private Funding Interactions Inside the R&D Black Box

Paul David and Bronwyn Hall

7537: Medical Liability, Managed Care, and Defensive Medicine

Daniel P. Kessler and Mark B. McClellan

7536: Strategic Trade Policy with Endogenous Choice of Quality and Asymmetric Costs

Dongsheng Zhou, Barbara Spencer and Ilan Vertinsky

7535: Cigarettes and Alcohol: Substitutes or Complements?

Sandra L. Decker and Amy Schwartz

7534: Resuscitating Real Business Cycles

Robert King and Sergio Rebelo

7533: How Liability Law Affects Medical Productivity

Daniel P. Kessler and Mark B. McClellan

7532: Capital Gains Realizations of the Rich and Sophisticated

Alan Auerbach and Jonathan Siegel

7531: Can Output Losses Following International Financial Crises be Avoided?

Michael Dooley

7530: Income-distribution Dynamics with Endogenous Fertility

Michael Kremer and Daniel Chen

7529: U.S. Banks, Crises, and Bailouts: From Mexico to LTCM

René Stulz

7528: Jacksonian Monetary Policy, Specie Flows, and the Panic of 1837

Peter Rousseau

7527: The Power of the Pill: Oral Contraceptives and Women's Career and Marriage Decisions

Claudia Goldin and Lawrence Katz

7526: How Large is the Bias is Self-Reported Disability?

Hugo Benitez-Silva, Moshe Buchinsky, Hiu Man Chan, Sofia Cheidvasser and John Rust

7525: The Income and Tax Share of Very High Income Households, 1960-1995

Daniel Feenberg and James Poterba

7524: How Do UK-Based Foreign Exchange Dealers Think Their Market Operates?

Yin-Wong Cheung, Menzie Chinn and Ian Marsh

7523: Tunnelling

Simon Johnson, Rafael La Porta, Florencio Lopez-de-Silanes and Andrei Shleifer

7522: Children's Welfare Exposure and Subsequent Development

Phillip Levine and David Zimmerman

7521: Choice, Chance, and Wealth Dispersion at Retirement

Steven Venti and David Wise

7520: The Progressivity of Social Security

Julia Lynn Coronado, Don Fullerton and Thomas Glass

7519: The Effects of Minimum Wages Throughout the Wage Distribution

David Neumark, Mark Schweitzer and William Wascher

7518: Forward and Backward Intergenerational Goods: A Theory of Intergenerational Exchange

Antonio Rangel

7517: The European Central Bank and the Euro: The First Year

Martin Feldstein

7516: How Should Monetary Policy be Conducted in an Era of Price Stability?

Lars Svensson

7515: Fiscal Shocks in an Efficiency Wage Model

Craig Burnside, Martin Eichenbaum and Jonas Fisher

7514: Capital Movements, Banking Insolvency, and Silent Runs in the Asian Financial Crisis

Edward Kane

7513: Market Provision of Public Goods: The Case of Broadcasting

Simon Anderson and Stephen Coate

7512: The Elasticity of Taxable Income: Evidence and Implications

Jonathan Gruber and Emmanuel Saez

7511: Sticky-Price Models of the Business Cycle: Specification and Stability

Peter Ireland

7510: Understanding Young Women's Marriage Decisions: The Role of Labor and Marriage Market Conditions

Francine Blau, Lawrence Kahn and Jane Waldfogel

7509: Geographic Localization of International Technology Diffusion

Wolfgang Keller

7508: Sorting and Long-Run Inequality

Raquel Fernandez and Richard Rogerson

7507: Is Addiction "Rational"? Theory and Evidence

Jonathan Gruber and Botond Koszegi

7506: Youth Smoking in the U.S.: Prices and Policies

Jonathan Gruber

7505: Two Generalizations of a Deposit-Refund System

Don Fullerton and Ann Wolverton

7504: Medicare Reform: The Larger Picture

Victor Fuchs

7503: The Effects of Urban Concentration on Economic Growth

J. Vernon Henderson

7502: Wage-Setting Institutions as Industrial Policy

Steven Davis and Magnus Henrekson

7501: The Effect of Unions on Employment: Evidence from an Unnatural Experiment in Uruguay

Adriana Cassoni, Steven Allen and Gaston Labadie

7500: The Role of Alcohol and Drug Consumption in Determining Physical Fights and Weapon Carrying by Teenagers

Sara Markowitz

7499: Tax Base Variability and Procyclical Fiscal Policy

Ernesto Talvi and Carlos Vegh

7498: Money as Stock: Price Level Determination with no Money Demand

John Cochrane

7497: Estimating Exchange Rate Exposures: Some "Weighty" Issues

Gordon Bodnar and M.H. Franco Wong

7496: The Political Economy of the Budget Surplus in the U.S

Alberto Alesina

7495: Do Patents Matter?: Empirical Evidence after GATT

Jean Lanjouw and Iain Cockburn

7494: If at First You Don't Succeed...: Profits, Prices and Market Structure in a Model of Quality with Unknowable Consumer Heterogeneity

Kala Krishna and Tor Winston

7493: Identification through Heteroskedasticity: Measuring "Contagion: betweenArgentinean and Mexican Sovereign Bonds

Roberto Rigobon

7492: The Distributional Effects of an Investment-Based Social Security System

Martin Feldstein and Jeffrey Liebman

7491: Making Single Mothers Work: Recent Tax and Welfare Policy and its Effects

Bruce Meyer and Dan Rosenbaum

7490: Robust Monetary Policy Under Model Uncertainty in a Small Model of the U.S. Economy

Alexei Onatski and James Stock

7489: Market Efficiency in an Irrational World

Kent Daniel and Sheridan Titman

7488: Exchange Rate Returns Standardized by Realized Volatility are (Nearly) Gaussian

Torben Andersen, Tim Bollerslev, Francis Diebold and Paul Labys

7487: Well-Being Over Time in Britain and the USA

David Blanchflower and Andrew Oswald

7486: Self-Employment in OECD Countries

David Blanchflower

7485: Trade, Income Inequality, and Government Policies: Redistribution of Income or Education Subsidies?

Eckhard Janeba

7484: Endogenous R&D Spillovers and Industrial Research Productivity

James Adams

7483: Causes of the Korean Financial Crisis: Lessons for Policy

Joon-Ho Hahm and Frederic Mishkin

7482: Understanding Inflation: Implications for Monetary Policy

Stephen Cecchetti and Erica Groshen

7481: Criminal Violence and Alcohol Beverage Control: Evidence from an International Study

Sara Markowitz

7480: Does Product Market Competition Reduce Agency Costs?

Ravi Jagannathan and Shaker B. Srinivasan

7479: What's Driving the New Economy: The Benefits of Workplace Innovation

Sandra Black and Lisa Lynch

7478: 150 Years of Patent Protection

Josh Lerner

7477: 150 Years of Patent Office Practice

Josh Lerner

7476: Preserving the Ocean Circulation: Implications for Climate Policy

Klaus Keller, Kelvin Tan, Francois M.M. Morel and David Bradford

7475: Does Political Ambiguity Pay? Corporate Campaign Contributions and the Rewards to Legislator Reputation

Randall S. Kroszner and Thomas Stratmann

7474: The Role of Wage and Skill Differences in US-German Employment Differences

Richard Freeman and Ronald Schettkat

7473: Tax Avoidance, Evasion, and Administration

Joel Slemrod and Shlomo Yitzhaki

7472: Changes in Job Stability and Job Security: A Collective Effort to Untangle, Reconcile, and Interpret the Evidence

David Neumark

7471: Total Factor Productivity: A Short Biography

Charles R. Hulten

7470: The Role of Commitment in Dynamic Contracts: Evidence from Life Insurance

Igal Hendel and Alessandro Lizzeri

7469: Peer Effects with Random Assignment: Results for Dartmouth Roommates

Bruce Sacerdote

7468: Growth Theory

Boyan Jovanovic

7467: Human Resource Management and Performance in the Service Sector: The Case of Bank Branches

Ann P. Bartel

7466: Job Creation, Job Destruction, and the Real Exchange Rate

Michael Klein, Scott Schuh and Robert Triest

7465: Wage and Productivity Dispersion in U.S. Manufacturing: The Role of Computer Investment

Timothy Dunne, John Haltiwanger and Lucia Foster

7464: Do Equity Financing Cycles Matter? Evidence from Biotechnology Alliances

Josh Lerner and Alexander Tsai

7463: Are Americans More Altruistic than the Japanese? A U.S.-Japan Comparison of Saving and Bequest Motives

Charles Horioka, Hideki Fujisaki, Wako Watanabe and Takatsugu Kouno

7462: What Causes Fluctuations in the Terms of Trade?

Marianne Baxter and Michael Kouparitsas

7461: Keynesian Macroeconomics without the LM Curve

David Romer

7460: Searching for Non-Linear Effects of Fiscal Policy: Evidence from Industrial and Developing Countries

Francesco Giavazzi, Tullio Jappelli and Marco Pagano

7459: Assessing the Effects of Fiscal Shocks

Craig Burnside, Martin Eichenbaum and Jonas Fisher

7458: Would Collective Action Clauses Raise Borrowing Costs?

Barry Eichengreen and Ashoka Mody

7457: A Review of Estimates of the Schooling/Earnings Relationship, with Tests for Publication Bias

Orley Ashenfelter, Colm Harmon and Hessel Oosterbeek

7456: From Bismarck to Maastricht: The March to European Union and the Labor Compact

Alan Krueger

7455: Togetherness: Spouses' Synchronous Leisure, and the Impact of Children

Daniel Hamermesh

7454: Prevailing Wage Laws and Construction Labor Markets

Daniel P. Kessler and Lawrence Katz

7453: The Impact of State Taxes on Self-Insurance

Bin Ke, Kathy Petroni and Douglas Shackelford

7452: Going to War and Going to College: Did World War II and the G.I. Bill Increase Educational Attainment for Returning Veterans?

John Bound and Sarah Turner

7451: Intertemporal Tax Discontinuities

Douglas Shackelford and Robert E. Verrecchia

7450: Schooling, Inequality, and the Impact of Government

Eric Hanushek and Julie A. Somers

7449: Racial Bias in Motor Vehicle Searches: Theory and Evidence

John Knowles, Nicola Persico and Petra Todd

7448: Emerging Financial Markets and Early U.S. Growth

Peter Rousseau and Richard Sylla

7447: Coase v. the Coasians

Simon Johnson and Andrei Shleifer

7446: Financial Sector Inefficiencies and Coordinate Failures: Implications for Crisis Management

Pierre-Richard Agénor and Joshua Aizenman

7445: The Share Price Effects of Dividend Taxes and Tax Imputation Credits

Trevor S. Harris, Robert Hubbard and Deen Kemsley

7444: How Large are the Social Returns to Education? Evidence from Compulsory Schooling Laws

Daron Acemoglu and Joshua Angrist

7442: The Impact of Air Pollution on Infant Mortality: Evidence from Geographic Variation in Pollution Shocks Induced by a Recession

Kenneth Chay and Michael Greenstone

7441: Indian Manufacturing Industry: Elephant or Tiger? New Evidence on the Asian Miracle

Charles R. Hulten and Sylaja Srinivasan

7440: Predictors of Mortality Among the Elderly

Michael Hurd, Daniel McFadden and Angela Merrill

7439: A Heuristic Method for Extracting Smooth Trends from Economic Time Series

Julio Rotemberg