NBER Working Papers

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6106: Income, Schooling, and Ability: Evidence from a New Sample of Identical Twins

Orley Ashenfelter and Cecilia Rouse

6105: The Sensitivity of Experimental Impact Estimates: Evidence from the National JTPA Study

James Heckman and Jeffrey Smith

6104: An Empirical Investigation of Firms' Responses to Minimum Standards Regulations

Tasneem Chipty and Ann Dryden Witte

6103: Saving, Investment, and Gold: A Reassessment of Historical Current Account Data

Matthew T. Jones and Maurice Obstfeld

6102: The Rising Well-Being of the Young

David Blanchflower and Andrew Oswald

6101: R&D and Productivity: The International Connection

Elhanan Helpman

6100: Changes Over Time in Union Relative Wage Effects in Great Britain and the United States

David Blanchflower

6099: The Structure of Firm R&D and the Factor Intensity of Production

James Adams

6098: The Risk and Return from Factors

Louis K. C. Chan, Jason Karceski and Josef Lakonishok

6097: Social Security and Retirement in the U.S

Peter Diamond and Jonathan Gruber

6096: International Trade and Structural Change

Dan Ben-David and David Papell

6095: Free Trade, Growth, and Convergence

Dan Ben-David and Michael Loewy

6094: Financial Fragility and the Great Depression

Russell Cooper and P. Dean Corbae

6093: Economic Geography and Reginal Production Structure: An Empirical Investigation

Donald Davis and David Weinstein

6092: Monetary Policy in Japan, Germany and the United States: Does One Size Fit All?

Menzie Chinn and Michael Dooley

6091: Environmental Controls, Scarcity Rents, and Pre-Existing Distortions

Don Fullerton and Gilbert Metcalf

6090: Tariff Policy for a Monopolist Under Incomplete Information

Dobrin R. Kolev and Thomas Prusa

6089: "The Bigger They Are, The Harder They Fall": How Price Differences Across U.S. Cities Are Arbitraged

Paul G. J. O'Connell and Shang-Jin Wei

6088: Age Discrimination Laws and Labor Market Efficiency

David Neumark and Wendy A. Stock

6087: Physician Fee Policy and Medicaid Program Costs

Jonathan Gruber, Kathleen Adams and Joseph Newhouse

6086: Contract Renegotiation in Agency Problems

Aaron Edlin and Benjamin Hermalin

6085: Education and Saving: The Long-Term Effects of High School Financial Curriculum Mandates

B. Douglas Bernheim, Daniel M. Garrett and Dean M. Maki

6084: Rational Atrophy: The US Steel Industry

Aaron Tornell

6083: Business Success and Businesses' Beauty Capital

Ciska M. Bosman, Gerard Pfann, Jeff Biddle and Daniel Hamermesh

6082: Teen Drinking and Education Attainment: Evidence From Two-Sample Instrumental Variables (TSIV) Estimates

Thomas Dee and William Evans

6081: Unemployment Expectations, Jumping (S,s) Triggers, and Household Balance Sheets

Christopher Carroll and Wendy E. Dunn

6080: Contagion and Volatility with Imperfect Credit Markets

Pierre-Richard Agénor and Joshua Aizenman

6079: From Socialist Showcase to Mezzogiorno? Lessons on the Role of Technical Change from East Germany's Post-World War II Growth Performance

Wolfgang Keller

6078: Gender and Youth Employment Outcomes: The US and West Germany, 1984-91

Francine Blau and Lawrence Kahn

6077: Merger Policies and Trade Liberalization

Henrik Horn and James Levinsohn

6076: The Home Market, Trade, and Industrial Structure

Donald Davis

6075: Output Price and Markup Dispersion in Micro Data: The Roles of Producer Heterogeneity and Noise

Mark Roberts and Dylan Supina

6074: Measuring the Energy Savings from Home Improvement Investments: Evidence from Monthly Billing Data

Gilbert Metcalf and Kevin Hassett

6073: Measuring Market Integration: A Model of Arbitrage with an Econometric Application to the Gold Standard, 1879-1913

Gauri Prakash and Alan Taylor

6072: Eurowinners and Eurolosers: The Distribution of Seigniorage Wealth in EMU

Hans-Werner Sinn and Holger Feist

6071: Money, Sticky Wages, and the Great Depression

Michael Bordo, Christopher Erceg and Charles Evans

6070: Intergenerational Earnings Mobility, Inequality, and Growth

Ann Owen and David Weil

6069: Intra-National, Intra-Continental, and Intra-Planetary PPP

Charles Engel, Michael K. Hendrickson and John Rogers

6068: Debt and Corporate Performance: Evidence from Unsuccessful Takeovers

Assem Safieddine and Sheridan Titman

6067: Recent Immigrants: Unexpected Implications for Crime and Incarceration

Kristin Butcher and Anne Piehl

6066: Japanese Research Consortia: A Microeconometric Analysis of Industrial Policy

Lee Branstetter and Mariko Sakakibara

6065: Are International R&D Spillovers Trade-Related? Analyzing Spillovers Among Randomly Matched Trade Partners

Wolfgang Keller

6064: Excess Capital Flows and the Burden of Inflation in Open Economies

Mihir A. Desai and James Hines

6063: The Legacy of Deposit Insurance: The Growth, Spread, and Cost of Insuring Financial Intermediaries

Eugene White

6062: Does Inflation Harm Economic Growth? Evidence for the OECD

Javier Andrés and Ignacio Hernando

6061: Identifying Inflation's Grease and Sand Effects in the Labor Market

Erica Groshen and Mark Schweitzer

6060: The Gold Standard and the Great Depression

Barry Eichengreen and Peter Temin

6059: Were Trade and Factor Mobility Substitutes in History?

William Collins, Kevin O'Rourke and Jeffrey Williamson

6058: Tax Rates and Work Incentives in the Social Security Disability Insurance Program: Current Law and Alternative Reforms

Hilary Hoynes and Robert Moffitt

6057: Public Radio in the United States: Does It Correct Market Failure or Cannibalize Commercial Stations?

Steven Berry and Joel Waldfogel

6056: What Do a Million Banks Have to Say About the Transmission of Monetary Policy?

Anil Kashyap and Jeremy Stein

6055: The Economics of Prefunding Social Security and Medicare Benefits

Martin Feldstein and Andrew Samwick

6054: Less of a Luxury: The Rise of Recreation since 1888

Dora Costa

6053: Nonlinear Aspects of Goods-Market Arbitrage and Adjustment: Heckscher's Commodity Points Revisited

Maurice Obstfeld and Alan Taylor

6052: Productivity Measurement and the Impact of Trade and Technology on Wages: Estimates for the U.S., 1972-1990

Robert Feenstra and Gordon Hanson

6051: Experimental Estimates of Education Production Functions

Alan Krueger

6050: Labor Mobility from Academe to Commerce

Lynne Zucker, Michael Darby and Maximo Torero

6049: An Economic Theory of GATT

Kyle Bagwell and Robert Staiger

6048: Balladurette and Juppette: A Discrete Analysis of Scrapping Subsidies

Jerome Adda and Russell Cooper

6047: The Effect of Welfare Payments on the Marriage and Fertility Behavior of Unwed Mothers: Results from a Twins Experiment

Jeffrey Grogger and Stephen Bronars

6046: Inflation and the User Cost of Capital: Does Inflation Still Matter?

Darrel Cohen, Kevin Hassett and Robert Hubbard

6045: Average Interest

George Chacko and Sanjiv Das

6044: Evidence from Patents and Patent Citations on the Impact of NASA and Other Federal Labs on Commercial Innovation

Adam Jaffe, Michael S. Fogarty and Bruce A. Banks

6043: The Pricing of U.S. Catastrophe Reinsurance

Kenneth Froot and Paul G. J. O'Connell

6042: The Future of Old-Age Longevity: Competitive Pricing of Mortality Contingent Claims

Charles Mullin and Tomas Philipson

6041: Public Health Insurance and Private Savings

Jonathan Gruber and Aaron Yelowitz

6040: The Impact and Organization of Publicly-Funded Research and Development in the European Community

Maryann P. Feldman and Frank Lichtenberg

6039: Wage Dispersion and Country Price Levels

Robert Lipsey and Birgitta Swedenborg

6038: Unemployment vs. Mismatch of Talents: Reconsidering Unemployment Benefits

Ramon Marimon and Fabrizio Zilibotti

6037: Ohio School Milk Markets: An Analysis of Bidding

Robert Porter and John Zona

6036: Environmental Regulation, Investment Timing, and Technology Choice

Wayne Gray and Ron Shadbegian

6035: Insuring Consumption Against Illness

Paul Gertler and Jonathan Gruber

6034: Abortion Legalization and Child Living Circumstances: Who is the "Marginal Child?"

Jonathan Gruber, Phillip Levine and Doug Staiger

6033: Complementarity and Cost Reduction: Evidence from the Auto Supply Industry

Susan Helper

6032: Predation and Its Rate of Return: The Sugar Industry, 1887-1914

David Genesove and Wallace P. Mullin

6031: Cohort Crowding and Youth Labor Markets: A Cross-National Analysis

Sanders Korenman and David Neumark

6030: How Taxing is Corruption on International Investors?

Shang-Jin Wei

6029: Impact of Augmented Prenatal Care on Birth Outcomes of Medicaid Recipients in New York City

Ted Joyce

6028: Testing Endogenous Growth in South Korea and Taiwan

Robert Feenstra, Dorsati Madani, Tzu-Han Yang and Chi-Yuan Liang

6027: National Borders, Trade and Migration

John Helliwell

6026: Does Parents' Money Matter?

John Shea

6025: The Limited Financing of Catastrophe Risk: An Overview

Kenneth Froot

6024: Openness, Country Size and the Government

Alberto Alesina and Romain Wacziarg

6023: Answering the Critics: Yes, ARCH Models Do Provide Good Volatility Forecasts

Torben Andersen and Tim Bollerslev

6022: Asymmetric Volatility and Risk in Equity Markets

Geert Bekaert and Guojun Wu

6021: Garbage and Recycling in Communities with Curbside Recycling and Unit-Based Pricing

Thomas Kinnaman and Don Fullerton

6020: Ethical Foundations of Financial Regulation

Edward Kane

6019: Regional Integration and Foreign Direct Investment

Magnus Blomstrom and Ari Kokko

6018: Public-Private Interaction and the Productivity of Pharmaceutical Research

Iain Cockburn and Rebecca Henderson

6017: Sectoral Productivity, Government Spending and Real Exchange Rates: Empirical Evidence for OECD Countries

Menzie Chinn

6016: Issues in the Design of Monetary Policy Rules

Bennett McCallum

6015: Understanding the Great Depression: Lessons for Current Policy

Stephen Cecchetti

6014: The Control of Strategic Alliances: An Empirical Analysis of Biotechnology Collaborations

Josh Lerner and Robert P. Merges

6013: The Incidence of Medicare

Mark McClellan and Jonathan Skinner

6012: Spurts in Union Growth: Defining Moments and Social Processes

Richard Freeman

6011: On The Pricing of Intermediated Risks: Theory and Application to Catastrophe Reinsurance

Kenneth Froot and Paul G. J. O'Connell

6010: Do Wages Rise with Job Seniority? A Reassessment

Joseph Altonji and Nicolas Williams

6009: Public Goods and Ethnic Divisions

Alberto Alesina, Reza Baqir and William Easterly

6008: Urban Growth

Duncan Black and J. Vernon Henderson

6007: Hot Money

Varadarajan Chari and Patrick Kehoe