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.

4575: Does Electoral Accountability Affect Economic Policy Choices? Evidence from Gubernatorial Term Limits

Timothy Besley and Anne Case

4574: No Place Like Home: Tax Incentives and the Location of R&D by American Multinationals

James Hines

4573: Is the Discount Window Necessary? A Penn-Central Perspective

Charles Calomiris

4572: Elderly Health, Housing, and Mobility

Jonathan Feinstein

4571: What Moves the Discount on Country Equity Funds?

Gikas Hardouvelis, Rafael La Porta and Thierry A. Wizman

4570: Employment Effects of Minimum and Subminimum Wages: Reply to Card, Katz and Krueger

David Neumark and William Wascher

4569: Dissaving by the Elderly, Transfer Motives and Liquidity Constraints

Albert Ando, Luigi Guiso and Daniele Terlizzese

4568: Prices, Wages, and Employment in the U.S. Economy: A Traditional Model and Tests of Some Alternatives

Albert Ando and Flint Brayton

4567: Taking Trade Policy Seriously: Export Subsidization as a Case Study in Policy Effectiveness

Dani Rodrik

4566: Should the Government's Allocation Branch be Concerned about the Distortionary Cost of Taxation and Distributive Effects?

Louis Kaplow

4565: The Role of Macroeconomic Factors in Growth

Stanley Fischer

4564: The Influence of Nonmarital Childbearing on the Formation of First Marriages

Neil G. Bennett, David Bloom and Cynthia K. Miller

4563: Immigration, Investment and Real Wages

Elise Brezis and Paul Krugman

4562: Entry and Exit, Product Variety and the Business Cycle

Satyajit Chatterjee and Russell Cooper

4561: Technology and the Life Cycle of Cities

Elise Brezis and Paul Krugman

4560: Evaluation of Subjective Probability Distributions in the HRS

Michael Hurd and Kathleen McGarry

4559: Integration, Specialization, and the Adjustment

Paul Krugman and Anthony Venables

4558: The Relationship Between Job Characteristics and Retirement

Michael Hurd and Kathleen McGarry

4557: Financing Apprenticeship Training: Evidence from Germany

Dietmar Harhoff and Thomas J. Kane

4556: Foreign Competition, Market Power and Wage Inequality: Theory and Evidence

George Borjas and Valerie Ramey

4555: The High Cost of Eating: Agricultural Protection and International Differences in Consumer Food Prices

Robert Lipsey and Birgitta Swedenborg

4554: Understanding Risk and Return

John Campbell

4553: The Japanese Trade Balance: Recent History and Future Prospects

David Backus

4552: Is Housing Wealth a Sideshow?

Jonathan Skinner

4551: The Effect of Convicton on Income Through the Life Cycle

Daniel Nagin and Joel Waldfogel

4550: The Gender Gap, Fertility, and Growth

Oded Galor and David Weil

4549: Econometric Estimates of Prices Indexes for Personal Computers in the 1990s

Ernst R. Berndt, Zvi Griliches and Neal Rappaport

4548: Labor Adjustment Under Different Institutional Structures: A Case Study of Germany and The United States

Susan Houseman and Katharine Abraham

4547: Rules, Discretion, and Central Bank Independence: The German Experience 1880-1989

Bernhard Eschweiler and Michael Bordo

4546: A Comparison of the United States and Canadian Banking Systems in the Twentieth Century: Stability vs. Efficiency?

Michael Bordo, Hugh Rockoff and Angela Redish

4545: Short-run and Long-run Expectations of the Yen/Dollar Exchange Rate

Takatoshi Ito

4544: Term, Inflation, and Foreign Exchange Risk Premia: A Unified Treatment

Lars Svensson

4543: Multilateral Tariff Cooperation during the Formation of Customs Unions

Kyle Bagwell and Robert Staiger

4542: Does Profit Sharing Affect Productivity?

Douglas Kruse

4541: Earnings Inequality in Germany

Katharine Abraham and Susan Houseman

4540: The Output Contributions of Computer Equipment and Personnel: A Firm- Level Analysis

Frank Lichtenberg

4539: Welfare and the Well-Being of Children: The Relative Effectiveness of Cash and In-Kind Transfers

Janet Currie

4538: Endogenous Growth, Public Capital, and the Convergence of Regional Manufacturing Industries

Charles R. Hulten and Robert M. Schwab

4537: Health, Income, and Retirement: Evidence from Nineteenth Century America

Dora Costa

4536: Market Structure and International Trade: Business Groups in East Asia

Robert Feenstra, Tzu-Han Yang and Gary G. Hamilton

4535: The Efficiency Cost of Increased Progressivity

Robert Triest

4534: International Capital Mobility in the 1990s

Maurice Obstfeld

4533: Information and Economic Efficiency

Richard Arnott, Bruce Greenwald and Joseph Stiglitz

4532: Does Central Bank Intervention Increase the Volatility of Foreign Exchange Rates?

Kathryn Dominguez

4531: Collateral Damage: How Refinancing Constraints Exacerbate Regional Recessions

Andrew Caplin, Charles Freeman and Joseph Tracy

4530: Aging in Germany and the United States: International Comparisons

Axel Borsch-Supan

4529: Estimating Sectoral Cycles Using Cointegration and Common Features

Robert Engle and João Issler

4528: An Evaluation of Recent Evidence on the Employment Effects of Minimum and Subminimum Wages

David Card, Lawrence Katz and Alan Krueger

4527: Endogenous Innovation in the Theory of Growth

Gene Grossman and Elhanan Helpman

4526: Entrepreneurial Decisions and Liquidity Constraints

Douglas Holtz-Eakin, David Joulfaian and Harvey Rosen

4525: On the Optimal Taxation of Capital Income

Larry Jones, Rodolfo Manuelli and Peter Rossi

4524: A Revealed Preference Analysis of Asset Pricing Under Recursive Utility

Larry Epstein and Angelo Melino

4523: Growth and the Effects of Inflation

Larry Jones and Rodolfo Manuelli

4522: Currency Option Pricing in Credible Target Zones

Bernard Dumas, Peter Jennergren and Bertil Naslund

4521: The Economic Reality of the Beauty Myth

Susan Averett and Sanders Korenman

4520: A Test of Efficiency for the S&P Index Option Market Using Variance Forecasts

Jaesun Noh, Robert Engle and Alex Kane

4519: Index-Option Pricing with Stochastic Volatility and the Value of Accurate Variance Forecasts

Robert Engle, Alex Kane and Jaesun Noh

4518: Beauty and the Labor Market

Daniel Hamermesh and Jeff Biddle

4517: Short-Run Independence of Monetary Policy Under Pegged Exchange Rates and Effects of Money on Exchange Rates and Interest Rates

Alan Stockman and Lee Ohanian

4516: The Importance of Precautionary Motives in Explaining Individual and Aggregate Saving

Robert Hubbard, Jonathan Skinner and Stephen Zeldes

4515: A Small Open Economy in Depression: Lessons from Canada in the 1930s

Caroline Betts, Michael Bordo and Angela Redish

4514: Short-Term Contracts as a Monitoring Device

Patrick Rey and Joseph Stiglitz

4513: Discrete Plant-Location Decisions in an Applied General-Equilibrium Model of Trade Liberalization

James Markusen and Thomas Rutherford

4512: Anti-Competitive and Rent-Shifting Aspects of Domestic-Content Provisions in Regional Trade Blocks

Florencio Lopez- de-Silane, James Markusen and Thomas Rutherford

4511: Trade Policy, Exchange Rates and Growth

Sebastian Edwards

4510: Privatization of Social Security: Lessons from Chile

Peter Diamond

4509: Minimum Wages and Employment: A Case Study of the Fast Food Industry in New Jersey and Pennsylvania

David Card and Alan Krueger

4508: The Selection Hypothesis and the Relationship between Trial and Plaintiff Victory

Joel Waldfogel

4507: Optimal Awards and Penalties when the Probability of Prevailing Varies Among Plaintiffs

A. Mitchell Polinsky and Daniel L. Rubinfeld

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