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.

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

4406: Does Head Start Make a Difference?

Janet Currie and Duncan Thomas

4405: Reassessing the Social Returns to Equipment Investment

Alan Auerbach, Kevin Hassett and Stephen Oliner

4404: U.S. Commercial Banking: Trends, Cycles, and Policy

John H. Boyd and Mark Gertler

4403: Cattle Cycles

Sherwin Rosen, Kevin Murphy and Jose Scheinkman

4402: Does Public Health Insurance Reduce Labor Market Flexibility or Encourage the Underground Economy? Evidence from Spain and the United States

Sara De La Rica and Thomas Lemieux

4401: Measuring the Welfare Effect of Quality Change: Theory and Application of Japanese Autos

Robert Feenstra

4400: Reputation Formation in Early Bank Debt Markets

Gary Gorton

4399: Market Share and Exchange Rate Pass-Through in World Automobile Trade

Robert Feenstra, Joseph Gagnon and Michael M. Knetter

4398: Living Arrangements: Health and Wealth Effects

Axel Borsch-Supan, Daniel McFadden and Reinhold Schnabel

4397: Altered States: Taxes and the Location of Foreign Direct Investment in America

James Hines

4396: Aggregate Income Risks and Hedging Mechanisms

Robert Shiller

4395: Presidential Leadership and the Reform of Fiscal Policy: Learning from Reagan's Role in TRA 86

Robert P. Inman

4394: Labor Demand and the Source of Adjustment Costs

Daniel Hamermesh

4393: Ranking Mutual Funds on an After-Tax Basis

Joel M. Dickson and John B. Shoven

4392: Internal Finance and Firm Investment

Robert Hubbard, Anil Kashyap and Toni Whited

4391: Do 401(k) Contributions Crowd Out Other Persoanl Saving?

James Poterba, Steven Venti and David Wise

4390: Does Employment Protection Inhibit Labor Market Flexibility? Lessons from Germany, France, and Belgium

Katharine Abraham and Susan Houseman

4389: Monopolistic Competition and International Trade: Reconsidering the Evidence

David Hummels and James Levinsohn

4388: Health Insurance Provision and Labor Market Efficiency in the United States

Douglas Holtz-Eakin

4387: Is A Value Added Tax Progressive? Annual Versus Lifetime Incidence Measures

Erik Caspersen and Gilbert Metcalf

4386: The Allocation of Time: Young Versus Elderly Households in Japan

Tadashi Yamada and Tetsuji Yamada

4385: Effects of Alcohol Price Policy on Youth

Michael Grossman, Frank Chaloupka, Henry Saffer and Adit Laixuthai

4384: Did the Thatcher Reforms Change British Labour Performance?

David Blanchflower and Richard Freeman

4383: Timing is All: Elections and the Duration of United States Business Cycles

Michael Klein

4382: Efficiency of the Tokyo Housing Market

Takatoshi Ito and Keiko Nosse Hirono

4381: Effciency and Equality in a Simple Model of Unemployment Insurance

Andrew Atkeson and Robert Lucas

4380: Economic Instability and Aggregate Investment

Robert Pindyck and Andres Solimano

4379: The Common Development of Institutional Change as Measured by Income Velocity: A Century of Evidence from Industrialized Countries

Michael Bordo, Lars Jonung and Pierre Siklos

4378: Investment in Manufacturing, Exchange-Rates and External Exposure

Jose Campa and Linda Goldberg

4377: Are Forign Exchange Intervention and Monetary Policy Related and Does it Really Matter?

Karen Lewis

4376: Tobin's Q, Corporate Diversification and Firm Performance

Larry Lang and René Stulz

4375: State Responses to Fiscal Crisis: The Effects of Budgetary Institutionsand Politics

James Poterba

4374: Garbage, Recycling, and Illicit Burning or Dumping

Don Fullerton and Thomas Kinnaman

4373: Prices and Trading Volume in the Housing Market: A Model with Downpayment Effects

Jeremy Stein

4372: Corruption

Andrei Shleifer and Robert Vishny

4371: A Comparison of Formal and Informal Dispute Resolution in Medical Malpractice

Henry S. Farber and Michelle White

4370: How High are the Giants' Shoulders: An Empirical Assessment of Knowledge Spillovers and Creative Destruction in a Model of Economic Growth

Ricardo Caballero and Adam Jaffe

4369: Myopic Loss Aversion and the Equity Premium Puzzle

Shlomo Benartzi and Richard Thaler

4368: Unit Roots in Macroeconomic Time Series: Some Critical Issues

Bennett McCallum

4367: Macroeconomics After Two Decades of Rational Expectations

Bennett McCallum

4366: Resource Allocation During the Transition to a Market Economy: Political Implications of Supply Bottlenecks and Adjustment Costs

Joshua Aizenman and Peter Isard

4365: Wage Dispersion, Returns to Skill, and Black-White Wage Differentials

David Card and Thomas Lemieux

4364: Multilateral Tarriff Cooperation During the Formation of Regional Free Trade Areas

Kyle Bagwell and Robert Staiger

4363: Start-Up Costs and Pecuniary Externalities as Barriers to Economic Development

Antonio Ciccone and Kiminori Matsuyama

4362: Public Debt in the USA: How Much, How Bad and Who Pays?

Willem Buiter

4361: The Endogeneity of Exchange Rate Regimes

Barry Eichengreen

4360: Contrarian Investment, Extrapolation, and Risk

Josef Lakonishok, Robert Vishny and Andrei Shleifer

4359: Illicit Drug Use and Health: Analysis and Projections of New York City Birth Outcomes Using a Kalman Filter Model

Naci Mocan and Kudret Topyan

4358: Rents, Regulation, and Indirect Tax Design

Carlo Perroni and John Whalley