NBER Working Papers
From National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC. Bibliographic data for series maintained by (wpc@nber.org). Access Statistics for this working paper series.
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- 6406: Does Drug Use Cause Poverty?

- Robert Kaestner
- 6405: Internationalized Production in Developed and Developing Countries and in Industry Sectors

- Robert Lipsey
- 6404: Measuring Real Investment: Trends in the United States and International Comparisons

- Milka S. Kirova and Robert Lipsey
- 6403: Human Capital and Predation: A Positive Theory of Educational Policy

- Herschel Grossman and Minseong Kim
- 6402: Employment as a Drug Abuse Treatment Intervention: A Behavioral Economic Analysis

- Kenneth Silverman and Elias Robles
- 6401: Are Alcoholics in Bad Jobs?

- Donald Kenkel and Ping Wang
- 6400: Monetary Policy Shocks: What Have We Learned and to What End?

- Lawrence Christiano, Martin Eichenbaum and Charles Evans
- 6399: Capital Gains Taxation and Tax Avoidance: New Evidence from Panel Data

- Alan Auerbach, Leonard E. Burman and Jonathan Siegel
- 6398: Did Unilateral Divorce Raise Divorce Rates? Evidence from Panel Data

- Leora Friedberg
- 6397: Unit Roots, Postwar Slowdowns and Long-Run Growth: Evidence from Two Structural Breaks

- Dan Ben-David, Robin L. Lumsdaine and David Papell
- 6396: The Young Person's Guide to Neutrality, Price Level Indeterminacy, Interest Rate Pegs, and Fiscal Theories of the Price Level

- Willem Buiter
- 6395: It's Not About the Money: Why Natural Experiments Don't Work on the Rich

- Austan Goolsbee
- 6394: Career Concerns of Mutual Fund Managers

- Judith Chevalier and Glenn Ellison
- 6393: Does Schooling Cause Growth or the Other Way Around?

- Mark Bils and Pete Klenow
- 6392: The Business Cycle, Financial Performance, and the Retirement of Capital Goods

- Austan Goolsbee
- 6391: Estimating the Impact of the GED on the Earnings of Young Dropouts Using a Series of Natural Experiments

- John Tyler, Richard Murnane and John B. Willett
- 6390: International Capital Movements, Financial Volatility and Financial Instability

- Frederic Mishkin
- 6389: Owner-Occupied Housing and the Composition of the Household Portfolio Over the Life-Cycle

- Marjorie Flavin and Takashi Yamashita
- 6388: Understanding the Role of Cognitive Ability in Accounting for the Recent Rise in the Economic Return to Education

- John Cawley, James Heckman and Edward Vytlacil
- 6387: Measuring Market Power in the Ready-to-Eat Cereal Industry

- Aviv Nevo
- 6386: A Reanalysis of the Effect of the New Jersey Minimum Wage Increase on the Fast-Food Industry with Representative Payroll Data

- David Card and Alan Krueger
- 6385: Life Cycle Schooling and Dynamic Selection Bias: Models and Evidence for Five Cohorts

- Stephen V. Cameron and James Heckman
- 6384: Explaining Rising Wage Inequality: Explorations with a Dynamic General Equilibrium Model of Labor Earnings with Heterogeneous Agents

- James Heckman, Lance Lochner and Christopher Taber
- 6383: Has U.S. Investment Abroad Become More Sensitive to Tax Rates?

- Rosanne Altshuler, Harry Grubert and T. Scott Newlon
- 6382: International Portfolio Diversification and Labor/Leisure Choice

- Urban Jermann
- 6381: Stock Market Volatility: Ten Years After the Crash

- G. Schwert
- 6380: Perspectives on the Recent Currency Crisis Literature

- Robert Flood and Nancy Marion
- 6379: Predictable Changes in Yields and Forward Rates

- David Backus, Silverio Foresi, Abon Mozumdar and Liuren Wu
- 6378: Theories of the Distribution of Labor Earnings

- Derek Neal and Sherwin Rosen
- 6377: Nonprofit Production and Competition

- Darius Lakdawalla and Tomas Philipson
- 6376: Is Trade Policy for Sale? Congressional Voting on Recent Trade Bills

- Robert Baldwin and Christopher S. Magee
- 6375: Human Behavior and the Efficiency of the Financial System

- Robert Shiller
- 6374: Entrepreneurs, Income Taxes, and Investment

- Robert Carroll, Douglas Holtz-Eakin, Mark Rider and Harvey Rosen
- 6373: Expandability, Reversibility, and Optimal Capacity Choice

- Avinash Dixit and Robert Pindyck
- 6372: Consumption Smoothing through Fiscal Policy in OECD and EU Countries

- Adriana Arreaza, Bent Sorensen and Oved Yosha
- 6371: Modeling Money

- Lawrence Christiano, Martin Eichenbaum and Charles Evans
- 6370: Staying Afloat When the Wind Shifts: External Factors and Emerging-Market Banking Crises

- Barry Eichengreen and Andrew Rose
- 6369: The Immediate Challenges for the European Central Bank

- Rüdiger Dornbusch, Carlo Favero and Francesco Giavazzi
- 6368: The Cost of Diversity: The Diversification Discount and Inefficient Investment

- Raghuram Rajan, Henri Servaes and Luigi Zingales
- 6367: Has the Business Cycle Been Abolished?

- Victor Zarnowitz
- 6366: The Introduction of Pharmaceutical Product Patents in India: "Heartless Exploitation of the Poor and Suffering"?

- Jean Lanjouw
- 6365: Another Look at the Capitalization of Interest Subsidies: Evidence from Sweden

- Tommy Berger, Peter Englund, Patric Hendershott and Bengt Turner
- 6364: Democracies Pay Higher Wages

- Dani Rodrik
- 6363: Incentives and Social Capital: Are Homeowners Better Citizens?

- Denise DiPasquale and Edward Glaeser
- 6362: School Quality and the Longer-Term Effects of Head Start

- Janet Currie and Duncan Thomas
- 6361: Do Sentencing Guidelines Raise the Cost of Punishment?

- Jose Meade and Joel Waldfogel
- 6360: Capturing Technological Opportunity via Japan's Star Scientists: Evidence from Japanese Firms' Biotech Patents and Products

- Lynne Zucker and Michael Darby
- 6359: Alcohol Regulation and Violence Towards Children

- Sara Markowitz and Michael Grossman
- 6358: Institutional Arrangements and Fiscal Performance: The Latin American Experience

- Ernesto Stein, Ernesto Talvi and Alejandro Grisanti
- 6357: The Structure of Wages and Investment in General Training

- Daron Acemoglu and Jorn-Steffen Pischke
- 6356: Indexed Units of Account: Theory and Assessment of Historical Experience

- Robert Shiller
- 6355: Taxes and Employment Subsidies in Optimal Redistribution Programs

- Paul Beaudry and Charles Blackorby
- 6354: Asset Pricing with Distorted Beliefs: Are Equity Returns Too Good To Be True?

- Stephen Cecchetti, Pok-sang Lam and Nelson Mark
- 6353: The Introduction of Crack Cocaine and the Rise in Urban Crime Rates

- Jeffrey Grogger and Mike Willis
- 6352: The Dark Side of Internal Capital Markets II: Evidence from Diversified Conglomerates

- David Scharfstein
- 6351: International Home Bias in International Finance and Business Cycles

- Karen Lewis
- 6350: Where Did All The Growth Go? External Shocks, Social Conflict, and Growth Collapses

- Dani Rodrik
- 6349: VAT Base Broadening, Self Supply, and The Informal Sector

- John Piggott and John Whalley
- 6348: Adolescent Alcohol and Marijuana Consumption: Is There Really a Gateway Effect?

- Rosalie Pacula
- 6347: The Japanese Open-End Fund Puzzle

- Stephen Brown, William Goetzmann, Takato Hiraki, Toshiyuki Otsuki and Noriyoshi Shiraishi
- 6346: The Effects of Malpractice Pressure and Liability Reforms on Physicians' Perceptions of Medical Care

- Daniel P. Kessler and Mark McClellan
- 6345: Inter vivos Transfers and Intended Bequests

- Kathleen McGarry
- 6344: Foreign Direct Investment, Trade and Real Exchange Rate Linkages in Developing Countries

- Linda Goldberg and Michael Klein
- 6343: What Causes Public Assistance Caseloads to Grow?

- Rebecca Blank
- 6342: Estimating Adjustment Costs with Data on Heterogeneous Capital Goods

- Austan Goolsbee and David B. Gross
- 6341: Electoral Institutions, Cabinet Negotiations, and Budget Deficits in the European Union

- Mark Hallerberg and Juergen von Hagen
- 6340: Transfer Motives and Tax Policy

- Louis Kaplow
- 6339: Quantitative Implications of the Home Bias: Foreign Underinvestment, Domestic Oversaving, and Corrective Taxation

- Assaf Razin, Efraim Sadka and Chi-Wa Yuen
- 6338: Channeling Domestic Savings into Productive Investment Under Asymmetric Information: The Essential Role of Foreign Direct Investment

- Assaf Razin, Efraim Sadka and Chi-Wa Yuen
- 6337: The Estate Tax and After-Tax Investment Returns

- James Poterba
- 6336: A Model of Endogenous Fiscal Deficits and Delayed Fiscal Reforms

- Andres Velasco
- 6335: Economic Integration and Convergence: U.S. Regions, 1840-1987

- Sukkoo Kim
- 6334: The Mexican Peso Crisis? How Much Did We Know? When Did We Know It?

- Sebastian Edwards
- 6333: What Happens When You Tax the Rich? Evidence from Executive Compensation

- Austan Goolsbee
- 6332: Hong Kong's Business Regulation in Transition

- Changqi Wu and Leonard K. Cheng
- 6331: The Careers of Modern Artists: Evidence from Auctions of Contemporary Paintings

- David Galenson
- 6330: Has Job Stability Declined Yet? New Evidence for the 1990's

- David Neumark, Daniel Polsky and Daniel Hansen
- 6329: Political Economics and Macroeconomic Policy

- Torsten Persson and Guido Tabellini
- 6328: The Determinants of Child Care Workers' Wages and Compensation: Sectoral Differences, Human Capital, Race, Insiders and Outsiders

- Naci Mocan and Deborah Viola
- 6327: Whither the World Bank and the IMF?

- Anne O. Krueger
- 6326: Pecuniary Incentives to Work in the U.S. during World War II

- Casey Mulligan
- 6325: The Central Tendency: A Second Factor in Bond Yields

- Pierluigi Balduzzi, Sanjiv Das and Silverio Foresi
- 6324: A Unified Theory of Underreaction, Momentum Trading and Overreaction in Asset Markets

- Harrison Hong and Jeremy Stein
- 6323: How the Changing Market Structure of U.S. Higher Education Explains College Tuition

- Caroline Hoxby
- 6322: Regions, Resources, and Economic Geography: Sources of U.S. Regional Comparative Advantage, 1880-1987

- Sukkoo Kim
- 6321: Market Forces and Sex Discrimination

- Judith Hellerstein, David Neumark and Kenneth Troske
- 6320: Volatility and Financial Intermediation

- Joshua Aizenman and Andrew Powell
- 6319: Open-Economy Macroeconomics, Developments in Theory and Policy

- Maurice Obstfeld
- 6318: Unions and Managerial Pay

- John DiNardo, Kevin Hallock and Jorn-Steffen Pischke
- 6317: Myopia and Inconsistency in the Neoclassical Growth Model

- Robert Barro
- 6316: After Chile, What? Second-Round Pension Reforms in Latin America

- Olivia Mitchell and Flavio Ataliba Barreto
- 6315: Inventories

- Valerie Ramey and Kenneth West
- 6314: NIMBY Taxes Matter: State Taxes and Interstate Hazardous Waste Shipments

- Arik Levinson
- 6313: Unequal at Birth: A Long-Term Comparison of Income and Birth Weight

- Dora Costa
- 6312: Foreign Speculators and Emerging Equity Markets

- Geert Bekaert and Campbell Harvey
- 6311: Managing the Public Debt in Fiscal Stabilizations: The Evidence

- Alessandro Missale, Francesco Giavazzi and Pierpaolo Benigno
- 6310: Sharp Reductions in Current Account Deficits: An Empirical Analyis

- Gian Maria Milesi-Ferretti and Assaf Razin
- 6309: Corporate Governance

- Luigi Zingales
- 6308: Social Security and Retirement in Canada

- Jonathan Gruber
- 6307: Welfare and Macroeconomic Interdependence

- Giancarlo Corsetti and Paolo Pesenti
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