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 ().

Access Statistics for this working paper series.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

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

6006: International Trade Between Consumer and Conservationist Countries

James Brander and M. Scott Taylor

6005: Industry Evolution and Transition: A Neoclassical Benchmark

Andrew Atkeson and Patrick Kehoe

6004: The Optimal Tax Rate for Capital Income is Negative

Kenneth Judd

6003: Local Violence, Educational Attainment, and Teacher Pay

Jeffrey Grogger

6002: New Evidence on the Money's Worth of Individual Annuities

Olivia Mitchell, James Poterba and Mark J. Warshawsky

6001: The History of Annuities in the United States

James Poterba

6000: Government Debt and Social Security in a Life-Cycle Economy

Mark Gertler

5999: A Clinical Exploration of Value Creation and Destruction in Acquisitions: Organizational Design, Incentives, and Internal Capital Markets

Steven Kaplan, Mark Mitchell and Karen H. Wruck

5998: Can Higher Cigarette Taxes Improve Birth Outcomes?

William Evans and Jeanne S. Ringel

5997: Sovereign Debt and Consumption Smoothing

Herschel Grossman and Taejoon Han

5996: Capital-Market Imperfections and Investment

Robert Hubbard

5995: The Determinants of Public Education Expenditures: Evidence from the States, 1950-1990

Raquel Fernandez and Richard Rogerson

5994: Business Cycles: Theory, Evidence and Implications

Russell Cooper

5993: The Case for a Two-Part Instrument: Presumptive Tax and Environmental Subsidy

Don Fullerton and Ann Wolverton

5992: Does Acquisition of a GED Lead to More Training, Post-Secondary Education, and Military Service for School Dropouts?

Richard Murnane, John B. Willett and Kathryn Parker Boudett

5991: Are Countries with Official International Restrictions "Liquidity Constrained?"

Karen Lewis

5990: U.S. Exports, 1972-1994: With State Exports and Other U.S. Data

Robert Feenstra

5989: The Impact of Psychiatric Disorders on Labor Market Outcomes

Susan L. Ettner, Richard G. Frank and Ronald C. Kessler

5988: Labor Earnings Mobility and Inequality in the United States and Germany During the Growth Years of the 1980s

Richard Burkhauser, Douglas Holtz-Eakin and Stephen E. Rhody

5987: The Effect of Managed Care on Health Care Providers

Laurence C. Baker and Martin L. Brown

5986: The Great Depression and the Regulating State: Federal Government Regulation of Agriculture: 1884-1970

Gary Libecap

5985: The Technology of Birth: Health Insurance, Medical Interventions, and Infant Health

Janet Currie and Jonathan Gruber

5984: Identifying the Common Component in International Economic Fluctuations

Robin L. Lumsdaine and Eswar Prasad

5983: Market Wages and Youth Crime

Jeffrey Grogger

5982: Cellular Telephone, New Products and the CPI

Jerry Hausman

5981: The Sugar Institute Learns to Organize Information Exchange

David Genesove and Wallace P. Mullin

5980: Alternative Strategies for Aggregating Prices in the CPI

Matthew Shapiro and David Wilcox

5979: Economic Growth and Real Exchange Rate: An Overview of the Balassa-Samuelson Hypothesis in Asia

Takatoshi Ito, Peter Isard and Steven Symansky

5978: Openness, Productivity and Growth: What Do We Really Know?

Sebastian Edwards

5977: Banks and Macroeconomics Disturbances under Predetermined Exchange Rates

Sebastian Edwards and Carlos Vegh

5976: Taming the Skew: Higher-Order Moments in Modeling Asset Price Processes in Finance

Sanjiv Das and Rangarajan K. Sundaram

5975: Putting Things in Order: Patterns of Trade Dynamics and Growth

Robert Feenstra and Andrew Rose

5974: The Forecasting Ability of Correlations Implied in Foreign Exchange Options

Jose Campa and P. H. Kevin Chang

5973: The Demand for Hours of Labor: Direct Evidence from California

Daniel Hamermesh and Stephen Trejo

5972: The Way We Were (And Are): Changes in Public Finance and Its Textbooks

Harvey Rosen

5971: A Markup Interpretation of Optimal Rules for Irreversible Investment

Avinash Dixit, Robert Pindyck and Sigbjorn Sodal

5970: Returns to Regionalism: An Evaluation of Non-Traditional Gains from RTAs

Raquel Fernandez

5969: The Dark Side of Internal Capital Markets: Divisional Rent-Seeking and Inefficient Investment

David Scharfstein and Jeremy Stein

5968: Nominal Anchor Exchange Rate Policies as a Domestic Distortion

Anne O. Krueger

5967: When Can Carbon Abatement Policies Increase Welfare? The Fundamental Role of Distorted Factor Markets

Ian Parry, Roberton Williams and Lawrence H. Goulder

5966: Community Choice and Local Public Services: A Discrete Choice Approach

Thomas Nechyba and Robert Strauss

5965: International Portfolio Diversification with Generalized Expected Utility Preferences

Joshua Aizenman

5964: Private School Vouchers and Student Achievement: An Evaluation of the Milwaukee Parental Choice Program

Cecilia Elena Rouse

5963: Was the Great Depression a Watershed for American Monetary Policy?

Charles Calomiris and David Wheelock

5962: Inflation Targeting: Some Extensions

Lars Svensson

5961: Leverage and House-Price Dynamics in U.S. Cities

Owen Lamont and Jeremy Stein

5960: The Great Depression as a Watershed: International Capital Mobility over the Long Run

Maurice Obstfeld and Alan Taylor

5959: U.S. Multinationals and Competition from Low Wage Countries

David A. Riker and S. Lael Brainard

5958: Are U.S. Multinationals Exporting U.S. Jobs?

S. Lael Brainard and David A. Riker