NBER Working Papers

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5806: Sources of Convergence in the Late Nineteenth Century

Alan Taylor

5805: Does Head Start Help Hispanic Children?

Janet Currie and Duncan Thomas

5804: Sticky Price and Limited Participation Models of Money: A Comparison

Lawrence Christiano, Martin Eichenbaum and Charles Evans

5803: Effort, Wages and the International Division of Labor

Edward Leamer

5802: What Happens Within Firms? A Survey of Empirical Evidence on Compensation Policies

Canice Prendergast

5801: International R&D Spillovers, Trade and Productivity in Major OECD Countries

M. Ishaq Nadiri and Seongjun Kim

5800: Are Knowledge Spillovers International or Intranational in Scope? Microeconometric Evidence from the Japan and the United States

Lee Branstetter

5799: Australia's Retirement Income System: Implications for Saving and Capital Markets

Malcolm Edey and John Simon

5798: Convergence and International Factor Flows in Theory and History

Alan Taylor

5797: Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets

Lars Svensson

5796: Paying for Health Insurance: The Tradeoff between Competition and Adverse Selection

David Cutler and Sarah Reber

5795: Star Scientists, Institutions, and the Entry of Japanese Biotechnology Enterprises

Michael Darby and Lynne Zucker

5794: A Tale of Two Crises: Chile and Mexico

Sebastian Edwards

5793: Inflation and the Distribution of Price Changes

Michael F. Bryan and Stephen Cecchetti

5792: Understanding Equilibrium Models with a Small and a Large Number of Agents

Wouter J. Den Haan

5791: Current Account Sustainability: Selected East Asian and Latin American Experiences

Gian Maria Milesi-Ferretti and Assaf Razin

5790: Index Number and Factor Demand Approaches to the Estimation of Productivity

David H. Good, M. Ishaq Nadiri and Robin Sickles

5789: Speculative Attacks: Fundamentals and Self-Fulfilling Prophecies

Robert Flood and Nancy Marion

5788: Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis

Christopher Carroll

5787: Testing for the Fundamental Determinants of the Long-Run Real Exchange Rate: The Case of Taiwan

Hsiu-Ling Wu

5786: Measuring Short-Run Inflation for Central Bankers

Stephen Cecchetti

5785: Linear Probability Models of the Demand for Attributes with an Empirical Application to Estimating the Preferences of Legislators

James Heckman and James Snyder

5784: Do Nontraded Goods Explain the Home Bias Puzzle?

Paolo Pesenti and Eric van Wincoop

5783: DM-Dollar Volatility: Intraday Activity Patterns, Macroeconomic Announcements, and Longer Run Dependencies

Torben Andersen and Tim Bollerslev

5782: A Critical Assessment of the Role of Imperfect Competition in Macroeconomics

Dennis Carlton

5781: Child Support and Fathers' Remarriage and Fertility

David Bloom, Cecilia Conrad and Cynthia Miller

5780: Pension System Reform: The Mexican Case

Carlos Sales-Sarrapy, Fernando Solis-Soberon and Alejandro Villagomez

5779: Executive Compensation and the Optimality of Managerial Entrenchment

Gary Gorton and Bruce D. Grundy

5778: Children and Their Parents' Labor Supply: Evidence from Exogenous Variation in Family Size

Joshua Angrist and William Evans

5777: The Long-Run U.S./U.K. Real Exchange Rate

Charles Engel and Chang-Jin Kim

5776: Simulating the Privatization of Social Security in General Equilibrium

Laurence Kotlikoff

5775: On the Driving Forces Behind Cyclical Movement, in Employment and Job Reallocation

Steven Davis and John Haltiwanger

5774: The Decline of Welfare Benefits in the U.S.: The Role of Wage Inequality

Robert Moffitt, David Ribar and Mark Wilhelm

5773: Diffusion of General Purpose Technologies

Elhanan Helpman and Manuel Trajtenberg

5772: Debt, Cash Flow and Inflation Incentives: A Swedish Example

Mats Persson, Torsten Persson and Lars Svensson

5771: The Exchange Value of the Renminbi and China's Balance of Trade: An Emp irical Study

Zhaoyong Zhang

5770: Estimating the Welfare Effects of Digital Infrastructure

Shane Greenstein and Pablo Spiller

5769: Do Markets Respond More to More Reliable Labor Market Data? A Test of Market Rationality

Alan Krueger

5768: Trade and Environment Beyond Singapore

John Whalley

5767: Aggregate Employment Fluctuations with Microeconomic Asymmetries

Jeffrey Campbell and Jonas Fisher

5766: A Model of Foreign Exchange Rate Indetermination

Charles Engel

5765: Non-Monetary Exchange Within Firms and Industry

Canice Prendergast and Lars Stole

5764: What Does the Bundesbank Target?

Ben Bernanke and Ilian Mihov

5763: The Wages and Language Skills of U.S. Immigrants

Geoffrey Carliner

5762: Individual Financial Decisions in Retirement Saving Plans and The Provision of Resources for Retirement

James Poterba and David Wise

5761: The Transition Path in Privatizing Social Security

Martin Feldstein and Andrew Samwick

5760: Mortality Contingent Claims, Health Care, and Social Insurance

Tomas Philipson and Gary Becker

5759: The Effects of Tax-Based Saving Incentives On Saving and Wealth

Eric M. Engen, William Gale and John Scholz

5758: Financial Dependence and Growth

Raghuram Rajan and Luigi Zingales

5757: The Macroeconomics of Specificity

Ricardo Caballero and Mohamad L. Hammour

5756: The Determinants of the Choice between Fixed and Flexible Exchange-Rate Regimes

Sebastian Edwards

5755: "Basket" Cases: International Joint Ventures After the Tax Reform Act of 1986

Mihir A. Desai and James Hines

5754: Fixing Capital Gains: Symmetry, Consistency and Correctness in the Taxation of Financial Instruments

David Bradford

5753: The Government as Venture Capitalist: The Long-Run Effects of the SBIR Program

Josh Lerner

5752: Heterogeneous Information Arrivals and Return Volatility Dynamics: Uncovering the Long-Run in High Frequency Returns

Torben Andersen and Tim Bollerslev

5751: The Determinants of Technological Change in Heart Attack Treatment

David Cutler and Mark McClellan

5750: Are Medical Prices Declining?

David Cutler, Mark McClellan, Joseph Newhouse and Dahlia Remler

5749: Exchange Rate Pass-through and Industry Characteristics: The Case of Taiwan's Exports of Midstream Petrochemical Products

Kuo-Liang Wang and Chung-Shu Wu

5748: The Equilibrium Approach to Exchange Rates: Theory and Tests

Prakash Apte, Piet Sercu and Raman Uppal

5747: Issues in Korean Exchange Rate Policy

Stanley Black

5746: Environmental Change and Hedonic Cost Functions for Automobiles

Steven Berry, Samuel Kortum and Ariel Pakes

5745: Auction Design and the Market for Sulfur Dioxide Emissions

Paul Joskow, Richard Schmalensee and Elizabeth M. Bailey

5744: The Proper Scope of Government: Theory and an Application to Prisons

Oliver Hart, Andrei Shleifer and Robert Vishny

5743: International Capital Mobility in History: The Saving-Investment Relationship

Alan Taylor

5742: International Capital Mobility in History: Purchasing-Power Parity in the Long Run

Alan Taylor

5741: How to Count Patents and Value Intellectual Property: Uses of Patent Renewal and Application Data

Jean Lanjouw, Ariel Pakes and Jonathan Putnam

5740: Price, Tobacco Control Policies and Youth Smoking

Frank Chaloupka and Michael Grossman

5739: Macroeconomic Policy in the Presence of Structural Maladjustment

Robert Gordon

5738: Cash Welfare as a Consumption Smoothing Mechanism for Single Mothers

Jonathan Gruber

5737: Crime, Urban Flight, and the Consequences for Cities

Julie Cullen and Steven Levitt

5736: Are 401(k) Plans Replacing Other Employer-Provided Pensions? Evidence from Panel Data

Leslie Papke

5735: The Time-Varying NAIRU and its Implications for Economic Policy

Robert Gordon

5734: Administrative Costs in Public and Private Retirement Systems

Olivia Mitchell

5733: Women Helping Women? Role-Model and Mentoring Effects on Female Ph.D. Student in Economics

David Neumark and Rosella Gardecki

5732: Trade and Growth in East Asian Countries: Cause and Effect?

Jeffrey Frankel, David Romer and Teresa Cyrus

5731: Private Consumption, Nontraded Goods and Real Exchange Rate: A Cointegration_Euler Equation Approach

Kenneth S. Lin

5730: Fiscal Adjustments in OECD Countries: Composition and Macroeconomic Effects

Alberto Alesina and Roberto Perotti

5729: Unraveling in Assignment Markets

Hao Li and Sherwin Rosen

5728: Price versus Quantity: Market Clearing Mechanisms When Sellers Differ in Quality

Andrew Metrick and Richard Zeckhauser

5727: When Liberal Policies Reflect External Shocks, What Do We Learn?

Leonardo Bartolini and Allan Drazen

5726: Market Segmentation and the Sources of Rents from Innovation: Personal Computers in the Late 1980's

Timothy Bresnahan, Scott Stern and Manuel Trajtenberg

5725: Capital Account Liberalization as a Signal

Leonardo Bartolini and Allan Drazen

5724: Has Work-Sharing Worked in Germany?

Jennifer Hunt

5723: Hong Kong's Currency Board and Changing Monetary Regimes

Yum K. Kwan and Francis Lui

5722: Technology, Factor Supplies and International Specialization: Estimating the Neoclassical Model

James Harrigan

5721: Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations

Jordi Galí

5720: The Yen and Its East Asian Neighbors, 1980-1995: Cooperation or Competition?

Shinji Takagi

5719: Price Level Targeting vs. Inflation Targeting: A Free Lunch?

Lars Svensson

5718: Wage Inequality and Segregation by Skill

Michael Kremer and Eric Maskin

5717: The Strategic Response by Pharmaceutical Firms to the Medicaid Most-Favored-Customer Rules

Fiona Scott Morton

5716: The Response of Wages and Actual Hours Worked to the Reductions of Standard Hours

Jennifer Hunt

5715: Is "Learning-by-Exporting" Important? Micro-Dynamic Evidence from Colombia, Mexico and Morocco

Sofronis Clerides, Saul Lach and James Tybout

5714: Country Fund Discounts, Asymmetric Information and the Mexican Crisis of 1994: Did Local Residents Turn Pessimistic Before International Investors?

Jeffrey Frankel and Sergio Schmukler

5713: The Demand for Cocaine by Young Adults: A Rational Addiction Approach

Michael Grossman, Frank Chaloupka and Charles C. Brown

5712: Flows of Knowledge from Universities and Federal Labs: Modeling the Flowof Patent Citations Over Time and Across Institutional and Geographic Boundari

Adam Jaffe and Manuel Trajtenberg

5711: Risk-Shifting by Federally Insured Commercial Banks

Armen Hovakimian and Edward Kane

5710: Why Clashes Between Internal and External Stability Goals End in Currency Crises, 1797-1994

Michael Bordo and Anna Schwartz

5709: Real Exchange Rate Levels, Productivity and Demand Shocks: Evidence from a Panel of 14 Countries

Menzie Chinn and Louis Johnston

5708: School Resources and Student Outcomes: An Overview of the Literature and New Evidence from North and South Carolina

David Card and Alan Krueger

5707: Construction of the Earnings and Benefits File (EBF) for Use With the Health and Retirement Survey

Olivia Mitchell, Jan Olson and Thomas Steinmeier