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.

4122: Public-Sector Capital and the Productivity Puzzle

Douglas Holtz-Eakin

4121: Rational Asset Price Movements Without News

David Romer

4120: Race and Gender Pay Differentials

Francine Blau and Lawrence Kahn

4119: Traded Goods Consumption Smoothing and the Random Walk Behavior of the Real Exchange Rate

Kenneth Rogoff

4118: The Carnegie Conjecture: Some Empirical Evidence

Douglas Holtz-Eakin, David Joulfaian and Harvey Rosen

4117: Towards a Reformulation of Monetary Theory: Competitive Banking

Joseph Stiglitz and Bruce Greenwald

4116: Trends in Expected Returns in Currency and Bond Markets

Martin Evans and Karen Lewis

4115: The Housing Wealth of the Aged

Louise Sheiner and David Weil

4114: Accounting for Growth With New Inputs

Robert Feenstra and James Markusen

4113: A Reconsideration of the Uncovered Interest Parity Relationship

Bennett McCallum

4112: Making Sense of the Soviet Trade Shock in Eastern Europe: A Framework and Some Estimates

Dani Rodrik

4111: Empirical Evidence for Collusion in the U.S. Auto Market?

Val Lambson and J. David Richardson

4110: Exact Solutions for Expected Rates of Return Under Markov Regime Switching: Implications for the Equity Premium Puzzle

Andrew Abel

4109: Race and School Quality Since Brown vs. Board of Education

Michael A. Boozer, Alan Krueger and Shari Wolkon

4108: Financial Market Efficiency Tests

Tim Bollerslev and Robert Hodrick

4107: Forecasting Nursing Home Utilization of Elderly Americans

Andrew Dick, Alan M. Garber and Thomas MaCurdy

4106: Male Jobs, Female Jobs, and Gender Gaps in Benefits Coverage

Janet Currie and Richard Chaykowski

4105: Output Fluctuations at the Plant Level

Timothy Bresnahan and Valerie Ramey

4104: Time Nonseparability in Aggregate Consumption: International Evidence

Phillip Braun, George Constantinides and Wayne Ferson

4103: Inflation and Social Welfare in a Model With Endogenous Financial Adaptation

Federico Sturzenegger

4102: Foreign Direct Investment as a Commitment Mechanism in the Presence of Managed Trade

Joshua Aizenman

4101: Hostile Takeovers and Expropriation of Extramarginal Wages: A Test

David Neumark and Steven Sharpe

4100: Autos and the National Industrial Recovery Act: Evidence on Industry Complementarities

Russell Cooper and John Haltiwanger

4099: The Meaning of College in the Lives of American Women: The Past One-Hundred Years

Claudia Goldin

4098: International Comparisons of Pricing-to-Market Behavior

Michael M. Knetter

4097: The Economics of Bankruptcy Reform

Philippe Aghion, Oliver Hart and John Moore

4096: Investment and Research and Development at the Firm Level: Does the Source of Financing Matter?

Bronwyn Hall

4095: Sequencing and Welfare: Labor Markets and Agriculture

Sebastian Edwards

4094: International Adjustment with Habit-Forming Consumption: A Diagrammatic Exposition

Maurice Obstfeld

4093: Risk-Taking, Global Diversification, and Growth

Maurice Obstfeld

4092: Ownership Structure and Corporate Performance in Japan

Frank Lichtenberg and George M. Pushner

4091: Price Rigidities, Asymmetries, and Output Fluctuations

Ricardo Caballero and Eduardo Engel

4090: Microeconomic Adjustment Hazards and Aggregate Dynamics

Ricardo Caballero and Eduardo Engel

4089: Asymmetric Price Adjustment and Economic Fluctuations

Laurence Ball and N. Gregory Mankiw

4088: Asset Pricing Explorations for Macroeconomics

John Cochrane and Lars Hansen

4087: Labor Market Segmentation Theory: Reconsidering the Evidence

William T. Dickens and Kevin Lang

4086: The International Transmission of Tax Policies in a Dynamic World Economy

Stephen J Turnovsky and Marcelo Bianconi

4085: Cross-Country Patterns of Change in Relative Wages

Steven Davis

4084: Risk Management: Coordinating Corporate Investment and Financing Policies

Kenneth Froot, David Scharfstein and Jeremy Stein

4083: The Present Value Model of Rational Commodity Pricing

Robert Pindyck

4082: Central Bank Behavior and the Strategy of Monetary Policy: Observations From Six Industrialized Countries

Ben Bernanke and Frederic Mishkin

4081: Innovation, Imitation, and Intellectual Property Rights

Elhanan Helpman

4080: Economic Exchange and Support Within U.S. Families

Laurence Kotlikoff

4079: Optimal Sanctions When Individuals are Imperfectly Informed About the Probability of Apprehension

Lucian Bebchuk and Louis Kaplow

4078: Optimal Sanctions When the Probability of Apprehension Varies Among Individuals

Lucian Bebchuk and Louis Kaplow

4077: Russia and the Soviet Union Then and Now

Stanley Fischer

4076: Government Solvency, Ponzi Finance and the Redundancy and Usefulness of Public Debt

Willem Buiter and Kenneth Kletzer

4075: Bargaining Power, Strike Duration, and Wage Outcomes: An Analysis of Strikes in the 1880s

David Card and Craig A. Olson

4074: Global Financial Markets and the Risk Premium on U.S. Equity

K.C. Chan, G. Karolyi and René Stulz

4073: Labor Market Segmentation, Wage Dispersion and Unemployment

Kevin Lang and William T. Dickens

4072: The Production and Cost Structure of Israeli Industry: Evidence From Individual Firm Data

Arie Bregman, Melvyn Fuss and Haim Regev

4071: GATT, Dispute Settlement and Cooperation

Dan Kovenock and Marie Thursby

4070: Do Doctoral Students' Financial Support Patterns Affect Their Times-to-Degree and Completion Probabilities

Ronald Ehrenberg and Panagiotis G. Mavros

4069: Strategic Trade Policy With Incompletely Informed Policymakers

S. Lael Brainard and David Martimort

4068: The Expected Timing of EMS Realignments: 1979-83

Susan M. Collins

4067: Estimating the Payoff to Schooling Using the Vietnam-Era Draft Lottery

Joshua Angrist and Alan Krueger

4066: Empirical Linkages Between Democracy and Economic Growth

John Helliwell

4065: Top Executive Rewards and Firm Performance: A Comparison of Japan and the U.S

Steven Kaplan

4064: Foreign Trade in Eastern Europe's Transition: Early Results

Dani Rodrik

4063: Taxation and the Structure of Labor Markets: The Case of Corporatism

Lawrence Summers, Jonathan Gruber and Rodrigo Vergara

4062: A Growth Model of Inflation, Tax Evasion, and Financial Repression

Nouriel Roubini and Xavier Sala-i-Martin

4061: Do the Costs of a Carbon Tax Vanish When Interactions With Other Taxes are Accounted For?

Lawrence H. Goulder

4060: R&D, Investment and Industry Dynamics

Saul Lach and Rafael Rob

4059: Productivity and Firm Turnover in Israeli Industry: 1979-1988

Zvi Griliches and Haim Regev

4058: Using Regional Variation in Wages to Measure the Effects of the Federal Minimum Wage

David Card

4057: Attitudes Towards Inflation and the Viability of Fixed Exchange Rates: Evidence From the EMS

Susan M. Collins and Francesco Giavazzi

4056: A Theory of Persistent Income Inequality

Steven Durlauf

4055: Spatial and Temporal Aggregation in the Dynamics of Labor Demand

Daniel Hamermesh

4054: "Excess Volatility" and the German Stock Market, 1876-1990

J. Bradford De Long and Marco Becht

4053: Interest Differentials Under Fixed and Flexible Exchange Rates: The Effects of Capital Controls and Exchange Risk

Richard C. Marston

4052: Does the Human-Capital/Educational-Sorting Debate Matter for Development Policy?

Kevin Lang

4051: Noncooperative Equilibria in Regional Environmental Policies When Plant Locations are Endogenous

James Markusen, Edward Morey and Nancy Olewiler

4050: Is Japan Creating a Yen Bloc in East Asia and the Pacific?

Jeffrey Frankel

4049: Sources of Output Fluctuations During the Interwar Period: Further Evidence on the Causes of the Great Depression

Stephen Cecchetti and Georgios Karras

4048: Adoption of Technologies With Network Effects: An Empirical Examination of the Adoption of Automated Teller Machines

Garth Saloner and Andrea Shepard

4047: Devaluation Controversies in the Developing Countries: Lessons From the Bretton Woods Era

Sebastian Edwards and Julio A. Santaella

4046: Union Threat Effects and Nonunion Industry Wage Differentials

David Neumark and Michael L. Wachter

4045: On the Growth Effects of Import Competition

Richard Baldwin

4044: A Test of Negotiation and Incentive Compensation Models Using Longitudinal French Enterprise Data

John Abowd and Francis Kramarz

4043: Empirical Testing of Asset Pricing Models

Bruce N. Lehmann

4042: "New" Trade Theory and Policy a Decade Old: Assessment in a Pacific Context

J. David Richardson

4041: Incumbent Behavior: Vote Seeking, Tax Setting and Yardstick Competition

Timothy Besley and Anne Case

4040: Moscow Black Markets and Official Markets for Foreign Exchange: How Much Flexiblity in Flexible Rates?

Linda Goldberg

4039: Conceptually Based Measures of Structural Adaptability

Kala Krishna

4038: Regional Growth and Migration: A Japan-U.S. Comparison

Robert Barro and Xavier Sala-i-Martin

4037: Training at Work: A Comparison of U.S. and British Youths

David Blanchflower and Lisa Lynch

4036: Testing for Price Anomalies in Real Estate Auctions

Orley Ashenfelter and David Genesove

4035: Near-Rationality, Heterogeneity and Aggregate Consumption

Ricardo Caballero

4034: Differential Effects of Post-School Training on Early Career Mobility

Lisa Lynch

4033: The Bretton Woods International Monetary System: An Historical Overview

Michael Bordo

4032: College Scholarship Rules and Private Saving

Martin Feldstein

4031: Diminished Expectations of Nuclear War and Increased Personal Savings: Evidence From Individual Survey Data

Bruce Russett and Joel Slemrod

4030: Unemployment Insurance Taxes and the Cyclical and Seasonal Properties of Unemployment

David Card and Phillip Levine

4029: National Origin and Immigrant Welfare Recipiency

George Borjas and Stephen Trejo

4028: Convertible Bonds as "Back Door" Equity Financing

Jeremy Stein

4027: Training, Wage Growth and Job Performance: Evidence From a Company Database

Ann P. Bartel

4026: The Inconsistency of Common Scale Estimators When Output Prices Are Unobserved and Engogenous

Tor Klette and Zvi Griliches

4025: A Cross-Sectional Test of a Production-Based Asset Pricing Model

John Cochrane

4024: Maximizing Seignorage Revenue During Temporary Suspensions of Convertibility: A Note

Michael Bordo and Angela Redish

4023: Firm-Specific Determinants of the Real Wage

Janet Currie and Sheena McConnell