NBER Working Papers

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6941: Measuring the Economic Effects of Military Base Closures

Mark A. Hooker and Michael M. Knetter

6940: The Effects of Prices and Policies on the Demand for Marijuana: Evidence from the National Household Surveys on Drug Abuse

Matthew C. Farrelly, Jeremy Bray, Gary A. Zarkin, Brett W. Wendling and Rosalie Pacula

6939: Do Higher Cigarette Prices Encourage Youth to Use Marijuana?

Frank Chaloupka, Rosalie Pacula, Matthew C. Farrelly, Lloyd D. Johnston and Patrick M. O'Malley

6938: The 'Lemons Effect' in Corporate Freeze-Outs

Lucian Bebchuk and Marcel Kahan

6937: Price, Clean Indoor Air, and Cigarette Smoking: Evidence from the Longitudinal Data for Young Adults

John Tauras and Frank Chaloupka

6936: A Dynamic Oligopoly with Collusion and Price Wars

Chaim Fershtman and Ariel Pakes

6935: Recent G3 Current Account Imbalances: How Important are Structural Factors?

Richard Clarida and Joe Prendergast

6934: Per-Mile Premiums for Auto Insurance

Aaron Edlin

6933: Contingent Protection as Better Insurance

Ronald Fischer and Thomas Prusa

6932: Prices and Coupons for Breakfast Cereals

Aviv Nevo and Catherine Wolfram

6931: The IT Revolution and the Stock Market

Jeremy Greenwood and Boyan Jovanovic

6930: Public Policies and Private Saving in Mexico

Martin Feldstein

6929: An Options-Based Analysis of Emerging Market Exchange Rate Expectations: Brazil's Real Plan, 1994-1997

Jose Campa, P.H. Kevin Chang and James F. Refalo

6928: Unit Root Tests Are Useful for Selecting Forecasting Models

Francis Diebold and Lutz Kilian

6927: The Art of Labormetrics

Daniel Hamermesh

6926: Are Macroeconomic Forecasts Informative? Cointegration Evidence from the ASA-NBER Surveys

Yin-Wong Cheung and Menzie Chinn

6925: Inflation Stabilization and BOP Crises in Developing Countries

Guillermo Calvo and Carlos Vegh

6924: Wage Dynamics: Reconciling Theory and Evidence

Olivier Blanchard and Lawrence Katz

6923: Foreign Ownership and Wages in the United States, 1987 - 1992

Zadia Feliciano and Robert Lipsey

6922: Green Tax Reform and Competitiveness

Erkki Koskela, Ronnie Schob and Hans-Werner Sinn

6921: The Core-Periphery Model with Forward-Looking Expectations

Richard Baldwin

6920: Job Loss and Retirement Behavior of Older Men

Sewin Chan and Ann Stevens

6919: Managerial Value Diversion and Shareholder Wealth

Lucian Bebchuk and Christine Jolls

6918: The Costs of Annuitizing Retirement Payouts from Individual Accounts

James Poterba and Mark J. Warshawsky

6917: Prefunding Medicare

Martin Feldstein

6916: The Price of Alcohol, Wife Abuse, and Husband Abuse

Sara Markowitz

6915: Who Gains from Trade Reform? Some Remaining Puzzles

Ann Harrison and Gordon Hanson

6914: Controlling the Price Level

Robert Hall

6913: The Profits to Insider Trading: A Performance-Evaluation Perspective

Leslie A. Jeng, Andrew Metrick and Richard Zeckhauser

6912: Aggregate Job Destruction and Inventory Liquidation

Robert Hall

6911: The Productivity of Schools and Other Local Public Goods Providers

Caroline Hoxby

6910: The Distributional Effects of Medicare

Julie Lee, Mark McClellan and Jonathan Skinner

6909: The Cyclical Behavior of Prices and Costs

Julio Rotemberg and Michael Woodford

6908: Worker Perceptions of Job Insecurity in the Mid-1990s: Evidence from the Survey of Economic Expectations

Charles Manski and John D. Straub

6907: Self-Protection for Emerging Market Economies

Martin Feldstein

6906: What Drives Venture Capital Fundraising?

Paul Gompers and Josh Lerner

6905: Alcohol

Philip J Cook and Michael J. Moore

6904: Two Waves of Globalisation: Superficial Similarities, Fundamental Differences

Richard Baldwin and Philippe Martin

6903: Understanding Tax Evasion Dynamics

Eduardo Engel and James Hines

6902: Schooling, Intelligence, and Income in America: Cracks in the Bell Curve

Orley Ashenfelter and Cecilia Rouse

6901: Imperfect Labor Contracts and International Trade

Gene Grossman

6900: From the Invisible Handshake to the Invisible Hand? How Import Competition Changes the Employment Relationship

Marianne Bertrand

6899: The Core-Periphery Model and Endogenous Growth: Stabilising and De-Stabilising Integration

Richard Baldwin and Rikard Forslid

6898: Learning by Doing and Aggregate Fluctuations

Russell Cooper and Alok Johri

6897: Designing Hospital Antitrust Policy to Promote Social Welfare

Daniel Kessler and Mark McClellan

6896: Does Where You Are Admitted Make a Difference? An Analysis of Medicare Data

Frank Sloan, Gabriel Picone, Donald H. Taylor, Jr. and Shin-Yi Chou

6895: Your Money and Your Life: The Value of Health and What Affects It

David Cutler and Elizabeth Richardson

6894: Managed Care and Medical Technology Growth

Laurence Baker and Joanne Spetz

6893: When Industries Become More Productive, Do Firms?

James Levinsohn and Amil Petrin

6892: What Will Technology Do to Financial Structure?

Frederic Mishkin and Philip E. Strahan

6891: Optimal Fiscal and Monetary Policy

Varadarajan Chari and Patrick Kehoe

6890: Patient Welfare and Patient Compliance: An Empirical Framework for Measuring the Benefits from Pharmaceutical Innovation

Paul Ellickson, Scott Stern and Manuel Trajtenberg

6889: Competitive Devaluations: A Welfare-Based Approach

Giancarlo Corsetti, Paolo Pesenti, Nouriel Roubini and Cédric Tille

6888: The Lives of the Painters of Modern Life: The Careers of Artists in France from Impressionism to Cubism

David Galenson

6887: Does Publicly Provided Health Insurance Improve the Health of Low-Income Children in the United States

Robert Kaestner, Ted Joyce and Andrew Racine

6886: Risks to Lenders and Borrowers in International Capital Markets

Benjamin Hermalin and Andrew Rose

6885: Capitalization of Capital Gains Taxes: Evidence from Stock Price Reactions to the 1997 Rate Reduction

Mark H. Lang and Douglas Shackelford

6884: An Information-Based Model of Foreign Direct Investment: The Gains from Trade Revisited

Assaf Razin, Efraim Sadka and Chi-Wa Yuen

6883: Is Europe Going Too Far?

Alberto Alesina and Romain Wacziarg

6882: Balancing Incentives: The Tension Between Basic and Applied Research

Iain Cockburn, Rebecca Henderson and Scott Stern

6881: General Equilibrium Cost Benefit Analysis of Education and Tax Policies

James Heckman, Lance Lochner and Christopher Taber

6880: Conditioning Information and Variance Bounds on Pricing Kernels

Geert Bekaert and Jun Liu

6879: Productivity Differences

Daron Acemoglu and Fabrizio Zilbotti

6878: Post-Unification Wage Growth in East Germany

Jennifer Hunt

6877: Factor Adjustment, Quality Change, and Productivity Growth for U.S. Manufacturing

Jeffrey Bernstein, Theofanis Mamuneas and Panos Pashardes

6876: The Location and Characteristics of U.S. Affiliates in Asia

Robert Lipsey

6875: Managerial Incentive Problems: A Dynamic Perspective

Bengt Holmstrom

6874: Financial Markets' Assessment of EMU

David S. Bates

6873: Explaining Rising Income and wage Inequality Among the College Educated

Caroline Hoxby and Bridget Terry

6872: Did Community Rating Induce an Adverse Selection Death Spiral? Evidencefrom New York, Pennsylvania and Connecticut

Thomas Buchmueller and John DiNardo

6871: Statistical Discrimination in a Competitive Labor Market

Jonathan B. Berk

6870: The Mercantilist Index of Trade Policy

James Anderson and J. Peter Neary

6869: The Effects of Class Size and Composition on Student Achievement: New Evidence from Natural Population Variation

Caroline Hoxby

6868: CEO Incentives and Firm Size

George P. Baker and Brian J. Hall

6867: Fixed vs. Floating Exchange Rates: How Price Setting Affects the Optimal Choice of Exchange-Rate Regime

Michael Devereux and Charles Engel

6866: Demographics and Medical Care Spending: Standard and Non-Standard Effects

David Cutler and Louise Sheiner

6865: Are Invisible Hands Good Hands? Moral Hazard, Competition, and the Second Best in Health Care Markets

Martin Gaynor, Deborah Haas-Wilson and William Vogt

6864: Exchange Rates and Jobs: What Do We Learn from Job Flows?

Pierre-Olivier Gourinchas

6863: In a World Without Borders: The Impact of Taxes on Internet Commerce

Austan Goolsbee

6862: What If Alexander Hamilton Had Been Argentinean? A Comparison of the Early Monetary Experiences of Argentina and the United States

Michael Bordo and Carlos Vegh

6861: Trade, Investment, and Growth: Nexus, Analysis, and Prognosis

Kala Krishna, Ataman Ozyildirim and Norman Swanson

6860: Unemployment Insurance Savings Accounts

Martin Feldstein and Daniel Altman

6859: Understanding the Twentieth Century Decline in Chronic Conditions Among Older Men

Dora Costa

6858: Malthus to Solow

Gary Hansen and Edward Prescott

6857: Firm Behavior and Market Access in a Free Trade Area with Rules of Origin

Jiandong Ju and Kala Krishna

6856: The Earned Income Tax Credit and the Labor Supply of Married Couples

Nada Eissa and Hilary Hoynes

6855: Hours of Work and the Fair Labor Standards Act: A Study of Retail and Wholesale Trade, 1938-1950

Dora Costa

6854: Changing Pensions in Cross-Section and Panel Data: Analysis with Employer Provided Plan Descriptions

Alan Gustman and Thomas L. Steinmeier

6853: What is Driving US and Canadian Wages: Exogenous Technical Change or Endogenous Choice of Technique?

Paul Beaudry and David Green

6852: Three Sides of Harberger Triangles

James Hines

6851: Empirical Implications of Physician Authority in Pharmaceutical Decisionmaking

Scott Stern and Manuel Trajtenberg

6850: Contagion, Bank Lending Spreads and Output Fluctuations

Pierre-Richard Agénor, Joshua Aizenman and Alexander Hoffmaister

6849: Geography and Economic Development

John Luke Gallup, Jeffrey D. Sachs and Andrew D. Mellinger

6848: The Size and Scope of Government: Comparative Politics with Rational Politicians

Torsten Persson and Guido Tabellini

6847: Conflict of Interest in the Issuance of Public Securities: Evidence from Venture Capital

Paul Gompers and Josh Lerner

6846: Does Venture Capital Spur Innovation?

Samuel Kortum and Josh Lerner

6845: Real-Time Multivariate Density Forecast Evaluation and Calibration: Monitoring the Risk of High-Frequency Returns on Foreign Exchange

Francis Diebold, Jinyong Hahn and Anthony S Tay

6844: How Relevant is Volatility Forecasting for Financial Risk Management?

Peter Christoffersen and Francis Diebold

6843: Emerging Market Crises: An Asset Markets Perspective

Ricardo Caballero and Arvind Krishnamurthy

6842: Estate and Gift Taxes and Incentives for Inter Vivos Giving in the United States

James Poterba