NBER Working Papers

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5657: The Origins of Technology-Skill Complementarity

Claudia Goldin and Lawrence Katz

5656: Technology and Jobs: Secular Changes and Cyclical Dynamics

Timothy Dunne, John Haltiwanger and Kenneth Troske

5655: The Effects of Financial Education in the Workplace: Evidence from a Survey of Employers

Patrick Bayer, B. Douglas Bernheim and John Scholz

5654: Convergence to the Law of One Price Without Trade Barriers or Currency Fluctuations

David Parsley and Shang-Jin Wei

5653: Personal Bankruptcy and Credit Supply and Demand

Reint Gropp, John Scholz and Michelle White

5652: The Effects of Tax-Law Changes on Property-Casualty Insurance Prices

David Bradford and Kyle Logue

5651: Stepping Stone Mobility

Boyan Jovanovic and Yaw Nyarko

5650: The Aftermath of Appreciations

Ilan Goldfajn and Rodrigo Valdés

5649: The Litigious Plaintiff Hypothesis: Case Selection and Resolution

Theodore Eisenberg and Henry S. Farber

5648: Executive Compensation, Strategic Competition, and Relative Performance Evaluation: Theory and Evidence

Rajesh Aggarwal and Andrew Samwick

5647: The Effects of Child-Bearing on Married Women's Labor Supply and Earnings: Using Twin Births as a Natural Experiment

Jaisri Gangadharan, Joshua Rosenbloom, Joyce Jacobson and James Wishart Pearre

5646: Long-Run PPP May Not Hold After All

Charles Engel

5645: Cognitive Ability, Wages, and Meritocracy

John Cawley, Karen Conneely, James Heckman and Edward Vytlacil

5644: Work, Welfare, and Family Structure: What Have We Learned?

Hilary Hoynes

5643: Local Labor Markets and Welfare Spells: Do Demand Conditions Matter?

Hilary Hoynes

5642: Public School Finance in a General Equilibrium Tiebout World: Equalization Programs, Peer Effects and Private School Vouchers

Thomas Nechyba

5641: Revenue-Raising vs. Other Approaches to Environmental Protection: The Critical Significance of Pre-Existing Tax Distortions

Lawrence H. Goulder, Ian Parry and Dallas Burtraw

5640: Insurance or Self-Insurance?: Variation, Persistence, and Individual Health Accounts

Matthew J. Eichner, Mark B. McClellan and David Wise

5639: An Analysis of Divisional Investment Policies

Hyun-Han Shin and René Stulz

5638: Arbitrage Opportunities in Arbitrage-Free Models of Bond Pricing

David Backus, Silverio Foresi and Stanley Zin

5637: Contracts and Money

Boyan Jovanovic and Masako Ueda

5636: Technology, Unemployment, and Relative Wages in a Global Economy

Donald Davis

5635: Hyperbolic Discount Functions, Undersaving, and Savings Policy

David Laibson

5634: Imperfect Competition and the Effects of Energy Price Increases on Economic Activity

Julio Rotemberg and Michael Woodford

5633: Trade and Wages: Insights from the Crystal Ball

Robert Lawrence and Carolyn Evans

5632: Observations on International Labor Standards and Trade

Alan Krueger

5631: Is the Time-Series Evidence on Minimum Wage Effects Contaminated by Publication Bias?

David Neumark and William Wascher

5630: Borrowing Constraints and the Tenure Choice of Young Households

Donald Haurin, Patric Hendershott and Susan Wachter

5629: Expected Home Ownership and Real Wealth Accumulation of Youth

Donald Haurin, Patric Hendershott and Susan Wachter

5628: R&D Spillovers and Global Growth

Tamim Bayoumi, David Coe and Elhanan Helpman

5627: Relative Price Variability and Inflation: Evidence from US Cities

Guy Debelle and Owen Lamont

5626: Wages, Productivity, and Worker Characteristics: Evidence from Plant-Level Production Functions and Wage Equations

Judith Hellerstein, David Neumark and Kenneth Troske

5625: The Heckscher-Ohlin-Vanek Model of Trade: Why Does It Fail? When Does It Work?

Donald Davis, David Weinstein, Scott Bradford and Kazushige Shimpo

5624: Perceptions of Equity and the Distribution of Income

Julio Rotemberg

5623: Affine Models of Currency Pricing

David Backus, Silverio Foresi and Chris Telmer

5622: Financial Capital, Human Capital, and the Transition to Self-Employment:Evidence from Intergenerational Links

Thomas Dunn and Douglas Holtz-Eakin

5621: Trade Sensitivity, Technology, and Labor Displacement

John Addison, Douglas A. Fox and Christopher Ruhm

5620: Does European Unemployment Prop up American Wages?

Donald Davis

5619: Age Discrimination, Job Separation, and Employment Status of Older Workers: Evidence from Self-Reports

Richard Johnson and David Neumark

5618: Trade and Search: Social Capital, Sogo Shosha, and Spillovers

James Rauch

5617: Networks versus Markets in International Trade

James Rauch

5616: Computer Use and Productivity Growth in Federal Government Agencies, 1987 to 1992

William Lehr and Frank Lichtenberg

5615: Roe v. Wade and American Fertility

Phillip Levine, Doug Staiger, Thomas J. Kane and David Zimmerman

5614: The Costs and Benefits of Fiscal Rules: Evidence from U.S. States

Alberto Alesina and Tamim Bayoumi

5613: Does It Pay To Attend An Elite Private College? Cross Cohort Evidence on the Effects of College Quality on Earnings

Dominic J. Brewer, Eric Eide and Ronald Ehrenberg

5612: Foreign Direct Investment and Keiretsu: Rethinking U.S. and Japanese Policy

David Weinstein

5611: Keynesianism, Pennsylvania Avenue Style: Some Economic Consequences of the Employment Act of 1946

J. Bradford De Long

5610: Consumption and the Stock Market: Interpreting International Experience

John Campbell

5609: The Wealth of Cohorts: Retirement Saving and the Changing Assets of Older Americans

Steven Venti and David Wise

5608: Spousal Labor Supply as Insurance: Does Unemployment Insurance Crowd Outthe Added Worker Effect?

Jonathan Gruber and Julie Cullen

5607: Stock Market Yields and the Pricing of Municipal Bonds

N. Gregory Mankiw and James Poterba

5606: The Returns to Computer Use Revisited: Have Pencils Changed the Wage Structure Too?

John DiNardo and Jorn-Steffen Pischke

5605: Why Do Firms Train? Theory and Evidence

Daron Acemoglu and Jorn-Steffen Pischke

5604: Evidence on the Characteristics of Cross Sectional Variation in Stock Returns

Kent Daniel and Sheridan Titman

5603: Are Affirmative Action Hires Less Qualified? Evidence from Employer-Employee Data on New Hires

Harry Holzer and David Neumark

5602: Trade Credit: Theories and Evidence

Mitchell Petersen and Raghuram Rajan

5601: The Effect of New Political Administration on Federal Government Productivity and Employment

Frank Lichtenberg

5600: Understanding Financial Crises: A Developing Country Perspective

Frederic Mishkin

5599: Personal Retirement Saving Programs and Asset Accumulation: Reconciling the Evidence

James Poterba, Steven Venti and David Wise

5598: Should Transfer Payments Be Indexed to Local Price Levels?

Edward Glaeser

5597: Crucial Issues Concerning Central Bank Independence

Bennett McCallum

5596: The Changing Face of Job Loss in the United States, 1981-1993

Henry S. Farber

5595: Accounting for Chinese Trade: Some National and Regional Considerations

K.C. Fung

5594: Policies for Green Design

Don Fullerton and Wenbo Wu

5593: Implementing Market Access

Kala Krishna, Suddhasatwa Roy and Marie Thursby

5592: Illegal Immigration, Border Enforcement, and Relative Wages: Evidence from Apprehensions at the U.S.-Mexico Border

Gordon Hanson and Antonio Spilimbergo

5591: Public Policy for Health Care

David Cutler

5590: Mismeasurement in the Consumer Price Index: An Evaluation

Matthew Shapiro and David Wilcox

5589: Tax Policy and the Activities of Multinational Corporations

James Hines

5588: Investor Reaction to Salient News in Closed-End Country Funds

Peter Klibanoff, Owen Lamont and Thierry A. Wizman

5587: A Scorecard for Indexed Government Debt

John Campbell and Robert Shiller

5586: Budget Institutions and Fiscal Performance in Latin America

Alberto Alesina, Ricardo Hausmann, Rudolf Hommes and Ernesto Stein

5585: The Dynamics of Franchise Contracting: Evidence from Panel Data

Francine Lafontaine and Kathryn Shaw

5584: Corporate Ownership Structures: Private versus Social Optimality

Lucian Bebchuk and Luigi Zingales

5583: Unequal Societies

Roland Benabou

5582: Trade-Induced Investment-led Growth

Richard Baldwin and Elena Seghezza

5581: How the Bundesbank Conducts Monetary Policy

Richard Clarida and Mark Gertler

5580: Sex-Based Differences in School Content and the Male/Female Wage Gap

Charles Brown and Mary Corcoran

5579: Inflation Targeting in Canada, New Zealand, Sweden, the United Kingdom, and in General

Bennett McCallum

5578: Multilevel "General Policy Equilibria": Evidence from the American Unemployment Insurance Tax Ceiling

Daniel Hamermesh and David Scoones

5577: Costly Information in Firm Transformation, Exit, or Persistent Failure

Lynne Zucker and Michael Darby

5576: Financial Crises in Emerging Markets: The Lessons from 1995

Jeffrey Sachs, Aaron Tornell and Andres Velasco

5575: Inflation and the Growth Rate of Output

Christina Romer

5574: Strategic Export Subsidies and Reciprocal Trade Agreements: The Natural Monopoly Case

Kyle Bagwell and Robert Staiger

5573: Debt and Monetary Policy: The Policy Issues

Rüdiger Dornbusch

5572: Large Cash Transfers to the Elderly in South Africa

Anne Case and Angus Deaton

5571: Understanding the Postwar Decline in U.S. Saving: A Cohort Analysis

Jagadeesh Gokhale, Laurence Kotlikoff and John Sabelhaus

5570: Are Recessions Good For Your Health?

Christopher Ruhm

5569: Quality Change in Capital Goods and Its Impact on Economic Growth

Charles R. Hulten

5568: Abandoning the Nest Egg? 401(k) Plans and Inadequate Pension Saving

Andrew Samwick and Jonathan Skinner

5567: Do Workplace Smoking Bans Reduce Smoking?

William Evans, Matthew C. Farrelly and Edward Montgomery

5566: How Much Does Sorting Increase Inequality?

Michael Kremer

5565: The Role of History in Bilateral Trade Flows

Barry Eichengreen and Douglas Irwin

5564: Parametric and Non-Parametric Approaches to Price and Tax Reform

Angus Deaton and Serena Ng

5563: The Mexican Peso Crisis: Sudden Death or Death Foretold?

Jeffrey Sachs, Aaron Tornell and Andres Velasco

5562: Information Technology and the Future of Cities

Jess Gaspar and Edward Glaeser

5561: Airline Hubs: Costs, Markups and the Implications of Customer Heterogeneity

Steven Berry, Michael Carnall and Pablo Spiller

5560: Asian Demography and Foreign Capital Dependence

Matthew Higgins and Jeffrey Williamson

5559: Axiomatic and Economic Approaches to International Comparisons

Walter Diewert

5558: Optimal Tax and Debt Policy with Endogenously Imperfect Creditworthiness

Joshua Aizenman, Michael Gavin and Ricardo Hausmann