NBER Working Papers

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5071: Selling Price and Selling Time: The Impact of Seller Motivation

Michel Glower, Donald Haurin and Patric Hendershott

5070: Wealth Accumulation and Housing Choices of Young Households: An Exploratory Investigation

Donald Haurin, Susan Wachter and Patric Hendershott

5069: Debt Usage and Mortgage Choice: Sensitivity to Default Insurance Costs

Patric Hendershott and William C. LaFayette

5068: Universities as a Source of Commercial Technology: A Detailed Analysis of University Patenting 1965-1988

Rebecca Henderson, Adam Jaffe and Manuel Trajtenberg

5067: Production Functions: The Search for Identification

Zvi Griliches and Jacques Mairesse

5066: The Effect of Medicaid Abortion Funding Restrictions on Abortions, Pregnancies, and Births

Phillip Levine, Amy B. Trainor and David Zimmerman

5065: Parental Leave Policies in Europe and North America

Christopher Ruhm and Jackqueline L. Teague

5064: Modern Approaches to Central Banking

Stanley Fischer

5063: Product Development and the Timing of Information Disclosure under U.S.and Japanese Patent Systems

Reiko Aoki and Thomas Prusa

5062: Cumulation and ITC Decision-Making: The Sum of the Parts is Greater thanthe Whole

Wendy L. Hansen and Thomas Prusa

5061: Exact Hedonic Price Indexes

Robert Feenstra

5060: Government Interventions and Productivity Growth in Korean ManufacturingIndustries

Jong-Wha Lee

5059: Public R&D Policies and Cost Behavior of the US Manufacturing Industries

Theofanis Mamuneas and M. Ishaq Nadiri

5058: Is Workers' Compensation Covering Uninsured Medical Costs? Evidence fromthe `Monday Effect'

David Card and Brian McCall

5057: How Does Foreign Direct Investment Affect Economic Growth?

Eduardo Borensztein, Jose De Gregorio and Jong-Wha Lee

5056: Collusion over the Business Cycle

Kyle Bagwell and Robert Staiger

5055: Tax Avoidance and the Deadweight Loss of the Income Tax

Martin Feldstein

5054: Social Security and Saving: New Time Series Evidence

Martin Feldstein

5053: The Incidence of Payroll Taxation: Evidence from Chile

Jonathan Gruber

5052: Health Insurance Eligibility, Utilization of Medical care, and Child Health

Janet Currie and Jonathan Gruber

5051: Estimating the Effects of Trade Policy

Robert Feenstra

5050: On the Number and Size of Nations

Alberto Alesina and Enrico Spolaore

5049: Trade in Ideas: Patenting and Productivity in the OECD

Jonathan Eaton and Samuel Kortum

5048: North-South R&D Spillovers

David Coe, Elhanan Helpman and Alexander Hoffmaister

5047: Do Airlines in Chapter 11 Harm Their Rivals? Bankruptcy and Pricing Behavior in U.S. Airline Markets

Severin Borenstein and Nancy Rose

5046: The Quantitative Analytics of the Basic Neomonetarist Model

Miles Kimball

5045: Are Banks Dead? Or Are the Reports Greatly Exaggerated?

John H. Boyd and Mark Gertler

5044: Relative Income Concerns and the Rise in Married Women's Employment

David Neumark and Andrew Postlewaite

5043: The Rational Expectations Revolution: A Review Article of: Preston J. Miller, ed.:The Rational Expectations Revolution, Readings from the Front Line

Frederic Mishkin

5042: Aggregate Employment Dynamics: Building From Microeconomic Evidence

Ricardo Caballero, Eduardo Engel and John Haltiwanger

5041: Investment in New Activities and the Welfare Cost of Uncertainty

Joshua Aizenman

5040: Quality Adjusted Cost Functions for Child Care Centers

Naci Mocan

5039: Economic Convergence and Economic Policies

Jeffrey D. Sachs and Andrew Warner

5038: The Effects of Cocaine and Marijuana Use on Marriage and Marital Stability

Robert Kaestner

5037: The Effects of Trade and Foreign Direct Investment on Employment and Relative Wages

Robert Baldwin

5036: Multinational Firms and The New Trade Theory

James Markusen and Anthony Venables

5035: Quality-Adjusted Prices for the American Automobile Industry: 1906-1940

Daniel M.G. Raff and Manuel Trajtenberg

5034: To Comfort Always: The Prospects of Expanded Social Responsibility for Long-Term Care

Alan M. Garber

5033: Is the Japanese Extended Family Altruistically Linked? A Test based on Engel Curves

Fumio Hayashi

5032: Purchasing Power Disparity During the Floating Rate Period: Exchange Rate Volatility, Trade Barriers and Other Culprits

Shang-Jin Wei and David Parsley

5031: Some Lessons from the Yield Curve

John Campbell

5030: Is High School Employment Consumption or Investment?

Christopher Ruhm

5029: Exploring New Markets: Direct Investment, Contractual Relations and the Multinational Enterprise

Ignatius Horstmann and James Markusen

5028: Capital Income Taxation and Long Run Growth: New Perspectives

Assaf Razin and Chi-Wa Yuen

5027: Maximizing Predictability in the Stock and Bond Markets

Andrew Lo and A. Craig MacKinlay

5026: Crime and Social Interactions

Edward Glaeser, Bruce Sacerdote and Jose Scheinkman

5025: International Trade and Business Cycles

Marianne Baxter

5024: Sex Discrimination in Restaurant Hiring: An Audit Study

David Neumark, Roy J. Bank and Kyle D. Van Nort

5023: Taxation and Labor Supply of Married Women: The Tax Reform Act of 1986 as a Natural Experiment

Nada Eissa

5022: Measuring Business Cycles Approximate Band-Pass Filters for Economic Time Series

Marianne Baxter and Robert King

5021: International Trade and Open Access Renewable Resources: The Small Open Economy Case

James Brander and M. Scott Taylor

5020: Strategic Trade Policy

James Brander

5019: The International Diversification Puzzle is Worse Than You Think

Marianne Baxter and Urban Jermann

5018: A Labor-Income-Based Measure of the Value of Human Capital: An Application to the States of the United States

Casey Mulligan and Xavier Sala-i-Martin

5017: The Illusion of Failure: Trends in the Self-Reported Health of the U.S. Elderly

Timothy Waidmann, John Bound and Michael Schoenbaum

5016: Measuring Aggregate Human Capital

Casey Mulligan and Xavier Sala-i-Martin

5015: The Deficit Gamble

Laurence Ball, Douglas Elmendorf and N. Gregory Mankiw

5014: Are Lifetime Jobs Disappearing? Job Duration in the United States: 1973-1993

Henry S. Farber

5013: Economic Growth in a Cross-Section of Cities

Edward Glaeser, Jose Scheinkman and Andrei Shleifer

5012: Price, Tobacco Control Policies and Smoking Among Young Adults

Frank Chaloupka and Henry Wechsler

5011: Do Firms Smooth the Seasonal in Production in a Boom? Theory and Evidence

Stephen Cecchetti, Anil Kashyap and David Wilcox

5010: Differential Information and Dynamic Behavior of Stock Trading Volume

Hua He and Jiang Wang

5009: Tax Projections and the Budget: Lessons from the 1980s

Alan Auerbach

5008: Regional Cost-of-Living Adjustments in Tax-Transfer Schemes

Louis Kaplow

5007: Holdups, Standard Breach Remedies, and Optimal Investment

Aaron Edlin and Stefan Reichelstein

5006: A Panel Project on Purchasing Power Parity: Mean Reversion Within and Between Countries

Jeffrey Frankel and Andrew Rose

5005: Common Interests or Common Polities? Reinterpreting the Democratic Peace

Henry S. Farber and Joanne Gowa

5004: Spatial Productivity Spillovers from Public Infrastructure: Evidence from State Highways

Douglas Holtz-Eakin and Amy Schwartz

5003: Public Employment, Taxes and the Welfare State in Sweden

Sherwin Rosen

5002: The Impact of Federal Spending on House Election Outcomes

Steven Levitt and James Snyder

5001: Empirical Matching Functions: Estimation and Interpretation Using Disaggregate Data

Patricia Anderson and Simon Burgess

5000: Behavioral Responses to Tax Rates: Evidence from TRA86

Martin Feldstein

4999: The Adding Up Problem: A Targeting Approach

Kala Krishna

4998: Antitrust and Higher Education: Was There a Conspiracy to Restrict Financial Aid?

Dennis Carlton, Gustavo E. Bamberger and Roy Epstein

4997: On the Predictability of Stock Returns: An Asset-Allocation Perspective

Shmuel Kandel and Robert Stambaugh

4996: Income and Wealth of Older American Households: Modeling Issues for Public Policy Analysis

Alan Gustman and F. Juster

4995: By Force of Habit: A Consumption-Based Explanation of Aggregate Stock Market Behavior

John Campbell and John Cochrane

4994: Pollution Abatement Costs, Regulation, and Plant-Level Productivity

Wayne Gray and Ron Shadbegian

4993: The Decline of Traditional Banking: Implications for Financial Stabilityand Regulatory Policy

Franklin R. Edwards and Frederic Mishkin

4992: Economic Risk and Political Risk in Fiscal Unions

Alberto Alesina and Roberto Perotti

4991: Using Electoral Cycles in Police Hiring to Estimate the Effect of Policeon Crime

Steven Levitt

4990: Diversification, Integration and Emerging Market Closed-End Funds

Geert Bekaert and Michael S. Urias

4989: The Causes and Effects of Liability Reform: Some Empirical Evidence

Thomas J. Campbell, Daniel P. Kessler and George B. Shepherd

4988: A Dynamic Structural Model for Stock Return Volatility and Trading Volume

William Brock and Blake Lebaron

4987: The Incentive Effects of Property Taxes on Local Governments

Edward Glaeser

4986: The Effect of Uncertainty on Investment: Some Stylized Facts

John Leahy and Toni Whited

4985: The Swedish Experience of an Inflation Target

Lars Svensson

4984: Foreign Exchange Volume: Sound and Fury Signifying Nothing?

Richard Lyons

4983: Implementing Free Trade Areas: Rules of Origin and Hidden Protection

Kala Krishna and Anne Krueger

4982: Explaining Forward Exchange Bias..Intraday

Richard Lyons and Andrew Rose

4981: The Demand for Post-Patent Prescription Pharmaceuticals

Judith Hellerstein

4980: Political Constraints on Executive Compensation: Evidence from the Electric Utility Industry

Paul Joskow, Nancy Rose and Catherin D. Wolfram

4979: Does Competition Among Public Schools Benefit Students and Taxpayers?

Caroline Hoxby

4978: Do Private Schools Provide Competition for Public Schools?

Caroline Hoxby

4977: Is There a `Credit Channel' for Monetary Policy?

Robert Hubbard

4976: CEO Pay and Firm Performance: Dynamics, Asymmetries, and Alternative Performance Measures

Paul Joskow and Nancy Rose

4975: Business Cycles and the Asset Structure of Foreign Trade

Marianne Baxter and Mario Crucini

4974: High Tech R&D Subsidies: Estimating the Effects of Sematech

Douglas Irwin and Pete Klenow

4973: Bureaucracy, Infrastructure, and Economic Growth: Evidence from U.S. Cities During the Progressive Era

James Rauch

4972: Competition Policy and International Trade

James Levinsohn