NBER Working Papers

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4506: International Capital Mobility, Public Investment and Economic Growth

Richard Clarida

4505: The Consumer Price Index as a Measure of Inflation

Michael F. Bryan and Stephen Cecchetti

4504: Fixed Exchange Rates as a Means to Price Stability: What Have We Learned

Lars Svensson

4503: Fixing Exchange Rates: A Virtual Quest for Fundamentals

Robert Flood and Andrew Rose

4502: Dynamic General Equilibrium Models with Imperfectly Competitive Product Markets

Julio Rotemberg and Michael Woodford

4501: Did 401(k) Plans Replace Other Employer Provided Pensions?

Leslie Papke, Mitchell Petersen and James Poterba

4500: The Dependent Economy Model with Both Traded and Non-Traded Capital Goods

Philip L. Brock and Stephen J Turnovsky

4499: Fiscal Policy and Economic Growth: An Empirical Investigation

William Easterly and Sergio Rebelo

4498: Fiscal Anarchy in the U.K.: Modelling Poll Tax Noncompliance

Timothy Besley, Ian Preston and Michael Ridge

4497: The Impact of Alcohol Consumption and Marijuana Use on High School Graduation

Tetsuji Yamada, Michael Kendix and Tadashi Yamada

4496: The Effect of Marginal Tax Rates on Taxable Income: A Panel Study of the1986 Tax Reform Act

Martin Feldstein

4495: European Exchange Rate Credibility Before the Fall

Andrew Rose and Lars Svensson

4494: Sticking it Out: Entrepreneurial Survival and Liquidity Constraints

Douglas Holtz-Eakin, David Joulfaian and Harvey Rosen

4493: International Business Cycles: Theory and Evidence

David Backus, Patrick Kehoe and Finn Kydland

4492: Small Business and Job Creation: Dissecting the Myth and Reassessing theFacts

Steven Davis, John Haltiwanger and Scott Schuh

4491: Estimates of the Returns to Schooling From Sibling Data: Fathers, Sons and Brothers

Orley Ashenfelter and David Zimmerman

4490: Optimal Fiscal Policy in a Business Cycle Model

Varadarajan Chari, Lawrence Christiano and Patrick Kehoe

4489: Dynamic Pricing in Retail Gasoline Markets

Severin Borenstein and Andrea Shepard

4488: Population Increase, Extralegal Appropriation, and the End of Colonialism

Herschel Grossman and Murat Iyigun

4487: Measuring Noise in Inventory Models

Steven Durlauf and Louis Maccini

4486: Income Distribution, Political Instability, and Investment

Alberto Alesina and Roberto Perotti

4485: Credit Channel or Credit Actions? An Interpretation of the Postwar Transmission Mechanism

Christina Romer and David Romer

4484: Self-Defeating Regional Concentration

Kiminori Matsuyama and Takaaki Takahashi

4483: Using Geographic Variation in College Proximity to Estimate the Return to Schooling

David Card

4482: Lessons from the East Asian NICs: A Contrarian View

Alwyn Young

4481: Could Stable Money Have Averted The Great Contraction?

Michael Bordo, Ehsan Choudhri and Anna Schwartz

4480: Subjective Performance Measures in Optimal Incentive Contracts

George Baker, Robert Gibbons and Kevin Murphy

4479: Limited Insurance Portability and Job Mobility: The Effects of Public Policy on Job-Lock

Jonathan Gruber and Brigitte Madrian

4478: Trade, Jobs, and Wages

Paul Krugman and Robert Lawrence

4477: Intergenerational Transfers, Aging, and Uncertainty

David Weil

4476: Employment-Based Health Insurance and Job Mobility: Is There Evidence of Job-Lock?

Brigitte Madrian

4475: Patent Protection: Of What Value and for How Long?

Jean Lanjouw

4474: Good Policy or Good Luck? Country Growth Performance and Temporary Shocks

William Easterly, Michael Kremer, Lant Pritchett and Lawrence Summers

4473: Better Late Than Early: Vertical Differentiation in the Adoption of a New Technology

Prajit K. Dutta, Saul Lach and Aldo Rustichini

4472: Cross Sectional Efficiency and Labor Hoarding in an Matching Model of Unemployment

Giuseppe Bertola and Ricardo Caballero

4471: Tests of Microstructural Hypotheses in the Foreign Exchange Market

Richard Lyons

4470: Saving and Growth: A Reinterpretation

Christopher Carroll and David Weil

4469: Health Insurance Availability and the Retirement Decision

Jonathan Gruber and Brigitte Madrian

4468: Firms' Use of Outside Contractors: Theory and Evidence

Katharine Abraham and Susan K. Taylor

4467: Optimal Transparency in a Dealership Market with an Application to Foreign Exchange

Richard Lyons

4466: Scale, Scope and Spillovers: The Determinants of Research Productivity in the Pharmaceutical Industry

Rebecca Henderson and Iain Cockburn

4465: A Domino Theory of Regionalism

Richard Baldwin

4464: Getting Together and Breaking Apart: The Decline of Centralised Collective Bargaining

Richard Freeman and Robert Gibbons

4463: Competitive Diffusion

Boyan Jovanovic and Glenn MacDonald

4462: The Effect of Labor Market Rigidities on the Labor Force Behavior of Older Workers

Michael Hurd

4461: Bilateral Search as an Explanation for Labor Market Segmentation and Other Anomalies

Kevin Lang and William T. Dickens

4460: Uncertain Demand, The Structure of Hospital Costs, and the Cost of EmptyHospital Beds

Martin Gaynor and Gerard F. Anderson

4459: The World Price of Foreign Exchange Risk

Bernard Dumas and Bruno Solnik

4458: Realignment Risk and Currency Option Pricing in Target Zones

Bernard Dumas, Peter Jennergren and Bertil Naslund

4457: The Efficiency of the Legal System versus the Income Tax in Redistributing Income

Louis Kaplow and Steven Shavell

4456: Zoning and the Political Economy of Local Redistribution

Raquel Fernandez and Richard Rogerson

4455: Diffusion Lags and Aggregate Fluctuations. New Name: Product Innovation and the Business Cycle

Boyan Jovanovic and Saul Lach

4454: A Cohort Analysis of Saving Behavior by U.S. Households

Orazio Attanasio

4453: Consumption over the Life Cycle and over the Business Cycle

Orazio Attanasio and Martin Browning

4452: New Goods, Old Theory, and the Welfare Costs of Trade Restrictions

Paul Romer

4451: Do Low-Income Countries have a High-Wage Option?

Dani Rodrik

4450: Independent Living and Homeownership: An Analysis of Australian Youth

Steven Bourassa, Donald Haurin, R. Jean Haurin and Patric Hendershott

4449: Specification and Analysis of a Monetary Policy Rule for Japan

Bennett McCallum

4448: Credibility of Policies versus Credibility of Policymakers

Allan Drazen and Paul Masson

4447: Lawyers as Agents of the Devil in a Prisoner's Dilemma Game

Orley Ashenfelter and David Bloom

4446: Partial- Vs. General-Equilibrium Models of the International Capital Market

Bernard Dumas

4445: Trade Blocs, Currency Blocs and the Disintegration of World Trade in the 1930s

Barry Eichengreen and Douglas Irwin

4444: International R&D Spillovers

David Coe and Elhanan Helpman

4443: Optimality of the Friedman Rule in Economies with Distorting Taxes

Varadarajan Chari, Lawrence Christiano and Patrick Kehoe

4442: The Term Structure of Forward Exchange Premia and the Forecastibility of Spot Exchange Rates: Correcting the Errors

Richard Clarida and Mark Taylor

4441: The Life-Cycle of a Competitive Industry

Boyan Jovanovic and Glenn MacDonald

4440: Equity and Nonequity Determinants of FHA Single-Family Mortgage Foreclosures in the 1980s

Patric Hendershott and William R. Schultz

4439: Nominal Income Targeting

Robert Hall and N. Gregory Mankiw

4438: International Evidence on Tradables and Nontradable Inflation

Jose De Gregorio and Alberto Giovannini

4437: Permanent Income, Import Prices, and the Demand for Imported Consumer Durbales: A Structural Econometric Investigation

Richard Clarida

4436: Is Fixed Investment the Key to Economic Growth?

Magnus Blomstrom, Robert Lipsey and Mario Zejan

4435: Tax Incentives and the Decision to Purchase Health Insurance: Evidence from the Self-Employed

Jonathan Gruber and James Poterba

4434: Unemployment Benefits, Labor Market Transitions, and Spurious Flows: A Multinational Logit Model with Errors in Classification

James Poterba and Lawrence Summers

4433: Growth in a Dual Economy

Magnus Blomstrom and Edward Wolff

4432: Restrictions on Medicaid Funding of Abortion: Effects on Pregnancy Resolutions and Birth Weight

Janet Currie, Lucia Nixon and Nancy Cole

4431: Did Criminal Activity Increase During the 1980s? Comparisons Across Data Sources

Scott Boggess and John Bound

4430: Sustainable Growth and the Green Golden Rule

Andrea Beltratti, Graciela Chichilnisky and Geoffrey Heal

4429: When Do Women Use AFDC & Food Stamps? The Dynamics of Eligibility vs. Participation

Rebecca Blank and Patricia Ruggles

4428: Assessing Clinton's Program on Job Training, Workfare, and Education in the Workplace

James Heckman

4427: Favoritism in Organizations

Canice Prendergast and Robert Topel

4426: Growth Effects of Flat-Rate Taxes

Nancy Stokey and Sergio Rebelo

4425: Who Should Abate Carbon Emissions? An International Viewpoint

Graciela Chichilnisky and Geoffrey Heal

4424: Retirement Systems in Developed and Developing Countries: Institutional Features, Economic Effects, and Lessons for Economies in Transition

Olivia Mitchell

4423: Innovations and Technological Spillovers

M. Ishaq Nadiri

4422: Inflation and Growth in an Integrated Approach

Michael Bruno

4421: The Choice Between Public and Private Debt: An Analysis of Post-Deregulation Corporate Financing in Japan

Takeo Hoshi, Anil Kashyap and David Scharfstein

4420: The Profitabality of Colonialism

Herschel Grossman and Murat Iyigun

4419: Trade Liberalization in Disinflation

Dani Rodrik

4418: Environmental Costs Paid by the Polluter or the Beneficiary? The Case of CERCLA and Superfund

Don Fullerton and Seng-Su Tsang

4417: Trade and Industrial Policy Reform in Developing Countries: A Review of Recent Theory and Evidence

Dani Rodrik

4416: Top Executives, Turnover and Firm Performance in Germany

Steven Kaplan

4415: Labor Productivity During the Great Depression

Michael Bordo and Charles Evans

4414: Pattern in Regional Labor Market Adjustment: The United States vs. Japan

Edward B. Montgomery

4413: Post-Retirement Increases in Pensions in the 1980s: Did Plan Finances Matter?

Steven Allen, Robert L. Clark and Ann A. McDermed

4412: An Exact Soultion for the Investment and Market Value of a Firm Facing Uncertainty, Adjustment Costs, and Irreversibility

Andrew Abel and Janice Eberly

4411: Social Insurance and Transition

Andrew Atkeson and Patrick Kehoe

4410: Round-the-clock Trading: Evidence from U.K. Cross-Listed Securities

Allan W. Kleidon and Ingrid M. Werner

4409: The Effect of Low Birthweight on the Health, Behavior, and School Performance of School-Aged Children

Hope Corman and Stephen Chaikind

4408: Corporate-Finance Benefits from Universal Banking: Germany and the United States, 1870-1914

Charles Calomiris

4407: Welfare Transfers in Two-Parent Families: Labor Supply and Welfare Participation Under AFDC-UP

Hilary Hoynes