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NBER Working Papers

From National Bureau of Economic Research, Inc
National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A..
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6706: Hospital Ownership and Cost and Quality of Care: Is There a Dime's Worth of Difference? Downloads
Frank Sloan, Gabriel Picone, Donald H. Taylor, Jr. and Shin-Yi Chou
6705: Derivatives Usage in Risk Management by US and German Non-Financial Firms: A Comparative Survey Downloads
Gordon Bodnar and Gunther Gebhardt
6704: Does Exchange Rate Stability Increase Trade and Capital Flows? Downloads
Philippe Bacchetta and Eric van Wincoop
6703: Capital Mobility in a Second Best World -- Moral Hazard With Costly Financial Intermediation Downloads
Joshua Aizenman
6702: Diffusion Indexes Downloads
James Stock and Mark Watson
6701: Change, Consolidation, and Competition in Health Care Markets Downloads
Martin Gaynor and Deborah Haas-Wilson
6700: On the Dynamics of Trade Reform Downloads
Rui Albuquerque and Sergio Rebelo
6699: Characterizing Selection Bias Using Experimental Data Downloads
James Heckman, Hidehiko Ichimura, Jeffrey Smith and Petra Todd
6698: Proofs and Prototypes for Sale: The Tale of University Licensing Downloads
Richard Jensen and Marie Thursby
6697: Oil Prices and the Terms of Trade Downloads
David Backus and Mario Crucini
6696: Research, Innovation, and Productivity: An Econometric Analysis at the Firm Level Downloads
Bruno Crépon, Emmanuel Duguet and Jacques Mairesse
6695: Incentives in Organizations Downloads
Robert Gibbons
6694: Risk and Exchange Rates Downloads
Maurice Obstfeld and Kenneth Rogoff
6693: Tax Reform and the Dutch Labor Market: An Applied General Equilibrium Approach Downloads
Lans Bovenberg, Johan Graafland and Ruud de Mooij
6692: The Causes of American Business Cycles: An Essay in Economic Historiography Downloads
Peter Temin
6691: Teachers, Schools, and Academic Achievement Downloads
Eric Hanushek, John Kain and Steven Rivkin
6690: Does Special Education Raise Academic Achievement for Students with Disabilities? Downloads
Eric Hanushek, John Kain and Steven Rivkin
6689: Least-Present-Value-of-Revenue Auctions and Highway Franchising Downloads
Eduardo Engel, Ronald Fischer and Alexander Galetovic
6688: The Impact of Transfer Pricing on Intrafirm Trade Downloads
Kimberly Clausing
6687: The Portfolio Flows of International Investors, I Downloads
Kenneth Froot, Paul G.J. O'Connell and Mark S. Seasholes
6686: Efficient Unemployment Insurance Downloads
Daron Acemoglu and Robert Shimer
6685: Why Do Countries Subsidize Investment and Not Employment? Downloads
Clemens Fuest and Bernd Huber
6684: The A-K Model: It's Past, Present, and Future Downloads
Laurence Kotlikoff
6683: Risk Premia and Term Premia in General Equilibrium Downloads
Andrew Abel
6682: EMU: Ready, or Not? Downloads
Maurice Obstfeld
6681: Effects of Pensions on Saving: Analysis with Data from the Health and Retirement Study Downloads
Alan Gustman and Thomas L. Steinmeier
6680: The Onset of the East Asian Financial Crisis Downloads
Steven Radelet and Jeffrey Sachs
6679: Effects of Work-Related Absences on Families: Evidence from the Gulf War Downloads
Joshua Angrist and Iv John H. Johnson
6678: A Simple Approach for Deciding When to Invest Downloads
Jonathan B. Berk
6677: Prices and Productivity in Managed Care Insurance Downloads
David Cutler, Mark McClellan and Joseph Newhouse
6676: Are Investment Incentives Blunted by Changes in Prices of Capital Goods? Downloads
Kevin Hassett and Robert Hubbard
6675: Nominal Income Targeting in an Open-Economy Optimizing Model Downloads
Bennett McCallum and Edward Nelson
6674: The Pay to Performance Incentives of Executive Stock Options Downloads
Brian J. Hall
6673: LAPM: A Liquidity-based Asset Pricing Model Downloads
Bengt Holmstrom and Jean Tirole
6672: Converting Hospitals from Not-for-profit to For-profit Status Downloads
David Cutler and Jill R. Horwitz
6671: On the Won and Other East Asian Currencies Downloads
Menzie Chinn
6670: Consequences of Employment Protection? The Case of the Americans with Disabilities Act Downloads
Daron Acemoglu and Joshua Angrist
6669: Capital Flows and the Behavior of Emerging Market Equity Returns Downloads
Geert Bekaert and Campbell Harvey
6668: Trade Flows and Wage Premiums: Does Who or What Matter? Downloads
Mary Lovely and J. David Richardson
6667: Sales Taxes and Prices: An Empirical Analysis Downloads
Timothy Besley and Harvey Rosen
6666: Testing for Market Microstructure Effects in Intraday Volatility: A Reassessment of the Tokyo FX Experiment Downloads
Torben G. Anderson, Tim Bollerslev and Ashish Das
6665: State Versus Private Ownership Downloads
Andrei Shleifer
6664: Dunning Delinquent Dads: The Effects of Child Support Enforcement on Child Support Receipt by Never Married Women Downloads
Richard Freeman and Jane Waldfogel
6663: Paasche vs. Laspeyres: The Elasticity of Substitution and Bias in Measures of TFP Growth Downloads
Alwyn Young
6662: The Complexity of Job Mobility Among Young Men Downloads
Derek Neal
6661: Do Foreign Investors Destabilize Stock Markets? The Korean Experience in 1997 Downloads
Hyuk Choe, Bong-Chan Kho and René Stulz
6660: Some Costs and Benefits of Price Stability in the United Kingdom Downloads
Hasan Bakhshi, Andrew Haldane and Neal Hatch
6659: Fiscal Institutions and Public Sector Labor Markets Downloads
James Poterba and Kim Rueben
6658: Changes in Unemployment and Wage Inequality: An Alternative Theory and Some Evidence Downloads
Daron Acemoglu
6657: Alternative Estimates of Productivity Growth in the NICs: A Comment on the Findings of Chang-Tai Hsieh Downloads
Alwyn Young
6656: Are Insiders' Trades Informative? Downloads
Josef Lakonishok and Inmoo Lee
6655: Financial Consolidation: Dangers and Opportunities Downloads
Frederic Mishkin
6654: Notes on Growth Accounting Downloads
Robert Barro
6653: Meals on Wheels: Restaurant and Home Meal Production and the Exemption of Food from Sales and Value Added Taxes Downloads
Aled ab Iorwerth and John Whalley
6652: Investment, Fundamentals and Finance Downloads
Simon Gilchrist and Charles Himmelberg
6651: Minimum Wages and Training Revisited Downloads
David Neumark and William Wascher
6650: Is Job Stability in the US Falling? Reconciling Trends in the Current Population Survey and Panel Study of Income Dynamics Downloads
David Jaeger and Ann Stevens
6649: Bank Capital and Portfolio Management: The 1930's Capital Crunch and Scramble to Shed Risk Downloads
Charles W. Calormiris and Berry Wilson
6648: Performance Evaluation with Transactions Data: The Stock Selection of Investment Newsletters Downloads
Andrew Metrick
6647: Accounting for Growth Downloads
Jeremy Greenwood and Boyan Jovanovic
6646: A Frictionless View of U.S. Inflation Downloads
John Cochrane
6645: How Will Defined Contribution Pension Plans Affect Retirement Income? Downloads
Andrew Samwick and Jonathan Skinner
6644: Fee Speech: Adverse Selection and the Regulation of Mutual Funds Downloads
Sanjiv Das and Rangarajan K. Sundaram
6643: Labor Market Integration Before the Civil War Downloads
Robert Margo
6642: Provide, Provide: The Economics of Aging Downloads
Victor Fuchs
6641: Social Security and Institutions for Intergenerational, Intragenerational, and International Risk Sharing Downloads
Robert Shiller
6640: Tax Reform and Target Savings Downloads
Andrew Samwick
6639: On the Regulation of Fee Structures in Mutual Funds Downloads
Sanjiv Das and Rangarajan K. Sundaram
6638: Wages, Skills, and Technology in the United States and Canada Downloads
Kevin Murphy, W. Craig Riddell and Paul Romer
6637: What Drives Deregulation? Economics and Politics of the Relaxation of Bank Branching Restrictions Downloads
Randall S. Kroszner and Philip E. Strahan
6636: What Hides Behind an Umemployment Rate: Comparing Portuguese and U.S. Unemployment Downloads
Olivier Blanchard and Pedro Portugal
6635: A Direct Approach to Arbitrage-Free Pricing of Credit Derivatives Downloads
Sanjiv Das and Rangarajan K. Sundaram
6634: The Other Side of the Tradeoff: The Impact of Risk on Executive Compensation Downloads
Rajesh Aggarwal and Andrew Samwick
6633: Capital Movements, Asset Values, and Banking Policy in Globalized Markets Downloads
Edward Kane
6632: What Do Technology Shocks Do? Downloads
John Shea
6631: Poisson-Guassian Processes and the Bond Markets Downloads
Sanjiv Das
6630: The Immigrant and Native-born Wage Distributions: Evidence from United States Censuses Downloads
Kristin Butcher and John DiNardo
6629: The Effects of Alcohol Regulation on Physical Child Abuse Downloads
Sara Markowitz and Michael Grossman
6628: Overcoming Informational Barriers to International Resource Allocation: Prices and Group Ties Downloads
James Rauch and Alessandra Casella
6627: Optimal Investment, Growth Options, and Security Returns Downloads
Jonathan Berk, Richard Green and Vasant Naik
6626: Efforts and Wages: A New Look at the Inter-Industry Wage Differentials Downloads
Edward Leamer and Christopher Thornberg
6625: Corporate Ownership Around the World Downloads
Rafael La Porta, Florencio Lopez- de-Silane and Andrei Shleifer
6624: Comparing Capital Mobility Across Provincial and National Borders Downloads
John Helliwell and Ross McKitrick
6623: Derivatives in International Capital Flows Downloads
Peter Garber
6622: Setting the X Factor in Price Cap Regulation Plans Downloads
Jeffrey Bernstein and David Sappington
6621: Taxation and the Labor Supply: Decisions of the Affluent Downloads
Robert Moffitt and Mark Wilhelm
6620: Current Account Reversals and Currency Crises: Empirical Regularities Downloads
Gian Maria Milesi-Ferretti and Assaf Razin
6619: Notes on the Role of TARGET in a Stage III Crisis Downloads
Peter Garber
6618: Interest-Rate Rules in an Estimated Sticky Price Model Downloads
Julio Rotemberg and Michael Woodford
6617: Junior Can't Borrow: A New Perspective on the Equity Premium Puzzle Downloads
George M. Constantinidies, John B. Donaldson and Rajnish Mehra
6616: Capital Gains Tax Rules, Tax Loss Trading and Turn-of-the-Year Returns Downloads
James Poterba and Scott Weisbenner
6615: Investment Ramifications of Distortionary Tax Subsidies Downloads
James Hines
6614: Coveting Thy Neighbor's Manuafacturing: The Dilemma of State Income Apportionment Downloads
Austan Goolsbee and Edward L. Maydew
6613: Crime and the Timing of Work Downloads
Daniel Hamermesh
6612: Who Gives Foreign Aid to Whom and Why? Downloads
Alberto Alesina and David Dollar
6611: Approximate Equilibrium Asset Prices Downloads
Fernando Restoy and Philippe Weil
6610: The Pay-As-You-Go Pension System as a Fertility Insurance and Enforcement Device Downloads
Hans-Werner Sinn
6609: International Trade and American Wages in General Equilibrium, 1967 - 1995 Downloads
James Harrigan
6608: The Liquidity Effect and Long-Run Neutrality Downloads
Ben Bernanke and Ilian Mihov
6607: A Comparison of Linear and Nonlinear Univariate Models for Forecasting Macroeconomic Time Series Downloads
James Stock and Mark Watson
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