NBER Working Papers

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3606: Agricultural Productivity, Comparative Advantage and Economic Growth

Kiminori Matsuyama

3605: Reconciling the Pattern of Trade with the Pattern of Migration

James Rauch

3604: Government Revenue from Financial Repression

Alberto Giovannini and Martha de Melo

3603: Destabilizing Effects of Exchange-Rate Escape Clauses

Maurice Obstfeld

3602: Intertemporal Labor Supply: An Assessment

David Card

3601: Target Zones Big and Small

Francisco Delgado and Bernard Dumas

3600: Trade Reforms, Credibility, and Development

Joshua Aizenman

3599: Is Inequality Harmful for Growth? Theory and Evidence

Torsten Persson and Guido Tabellini

3598: How Regional Differences in Taxes and Public Goods Distort Life Cycle Location Choices

Laurence Kotlikoff and Bernd Raffelhueschen

3597: Alexander Hamilton's Market Based Debt Reduction Plan

Peter Garber

3596: Macroeconomic Aspects of German Unification

Hans-Werner Sinn

3595: Money, Interest and Prices

Stanley Fischer

3594: International Trade with Endogenous Technological Change

Luis Rivera-Batiz and Paul Romer

3593: The Effects of Pensions and Retirement Policies on Retirement in Higher Education

Alan Gustman and Thomas L. Steinmeier

3592: The Changing Fortunes of FHA's Mutual Mortgage Insurance Fund and the Legislative Response

Patric Hendershott and James A. Waddell

3591: Volatility Tests and Efficient Markets: A Review Essay

John Cochrane

3590: International Accounting Diversity: Does it Impact Market Participants?

Frederick D.S. Choi and Richard M. Levich

3589: Generational Accounts - A Meaningful Alternative to Deficit Accounting

Alan Auerbach, Jagadeesh Gokhale and Laurence Kotlikoff

3588: Equilibrium in Competitive Insurance Markets with Moral Hazard

Richard Arnott and Joseph Stiglitz

3587: Employer Size and Dual Labor Markets

James Rebitzer and Michael Robinson

3586: Precautionary Motives for Holding Assets

Miles Kimball

3585: From Inertia to Megainflation: Brazil in the 1980s

Eliana Cardoso

3584: Price-Cost Margins, Exports and Productivity Growth: With an Application to Canadian Industries

Jeffrey Bernstein and Pierre Mohnen

3583: Should the Holding Period Matter for the Intertemporal Consumption-BasedCAPM?

Karen Lewis

3582: Assessing the Productivity of Information Technology Equipment in U.S. Manufacturing Industries

Catherine Morrison Paul and Ernst R. Berndt

3581: Human Capital, Technology, and the Wage Structure: What Do Time Series Show?

Jacob Mincer

3580: Methodological Issues and the New Keynesian Economics

Joseph Stiglitz

3579: Is Europe an Optimum Currency Area?

Barry Eichengreen

3578: Is the Gasoline Tax Regressive?

James Poterba

3577: Learning by Doing and the Dynamic Effects of International Trade

Alwyn Young

3576: Stochastic Devaluation Risk and the Empirical Fit of Target Zone Models

Giuseppe Bertola and Lars Svensson

3575: National Origin and the Skills of Immigrants in the Postwar Period

George Borjas

3574: A Multi-Country Comparison of Term Structure Forecasts at Long Horizons

Philippe Jorion and Frederic Mishkin

3573: The Assimilation of Immigrants in the U.S. Labor Markets

Robert LaLonde and Robert Topel

3572: Does Compulsory School Attendance Affect Schooling and Earnings?

Joshua Angrist and Alan Krueger

3571: The Effect of Age at School Entry on Educational Attainment: An Application of Instrumental Variables with Moments from Two Samples

Joshua Angrist and Alan Krueger

3570: Exchange Rate Volatility in Integrating Capital Markets

Giancarlo Corsetti, Vittorio Grilli and Nouriel Roubini

3569: Theory and Practice of Commercial Policy: 1945-1990

Anne O. Krueger

3568: A Micro Econometric Model of Capital Utilization and Retirement

Sanghamitra Das

3567: Quality Adjusted Cost Functions

Paul Gertler and Donald Waldman

3566: Tastes and Technology in a Two-Country Model of the Business Cycle: Explaining International Comovements

Alan Stockman and Linda Tesar

3565: A Signaling Theory of Unemployment

Ching-to Ma and Andrew Weiss

3564: Lecture Notes on Economic Growth(II): Five Prototype Models of Endogenous Growth

Xavier Sala-i-Martin

3563: Lecture Notes on Economic Growth(I): Introduction to the Literature and Neoclassical Models

Xavier Sala-i-Martin

3562: What has Foreign Market Intervention Since the Plaza Agreement Accomplished?

Michael Bordo and Anna Schwartz

3561: Soft Budget Constraints, Taxes, and the Incentive to Cooperate

Joshua Aizenman

3560: Individual Precautions to Prevent Theft: Private Versus Socially OptimalBehavior

Steven Shavell

3559: Approaches to Efficient Capital Taxation: Leveling the Playing Field vs.Living by the Golden Rule

Lawrence H. Goulder and Philippe Thalmann

3558: Three Models of Retirement: Computational Complexity Versus Predictive Validity

Robin L. Lumsdaine, James Stock and David Wise

3557: The Incidence of Mandated Employer-Provided Insurance: Lessons from Workers' Compensation Insurance

Jonathan Gruber and Alan Krueger

3556: Labor Hoarding and the Business Cycle

Craig Burnside, Martin Eichenbaum and Sergio Rebelo

3555: Credible Disinflation with Staggered Price Setting

Laurence Ball

3554: Public Goods in Trade: On the Formation of Markets and Political Jurisdictions

Alessandra Casella and Jonathan Feinstein

3553: Last One Out Wins: Trade Policy in an International Exit Game

S. Lael Brainard

3552: The Aggregate Implications of Machine Replacement: Theory and Evidence

Russell Cooper and John Haltiwanger

3551: Banks and Loan Sales: Marketing Non-Marketable Assets

Gary Gorton and George Pennacchi

3550: Yield Curve

Frederic Mishkin

3549: Self-Selection, Prenatal Care, and Birthweight Among Blacks, Whites and Hispanics in New York City

Ted Joyce

3548: The Market for Home Mortgage Credit: Recent Changes and Future Prospects

Patric Hendershott

3547: Aging and the Income Value of Housing Wealth

Steven Venti and David Wise

3546: "Liquidation" Cycles: Old-Fashioned Real Business Cycle Theory and the Great Depression

J. Bradford De Long

3545: Impact of Government on Growth and Trade

Anne O. Krueger and David Orsmond

3544: The Political Economy of American Protection in Theory and in Practice

Anne O. Krueger

3543: An Empirical Exploration of Exchange Rate Target-Zones

Robert Flood, Andrew Rose and Donald J. Mathieson

3542: Contracts and the Market for Executives

Sherwin Rosen

3541: A Contribution to the Empirics of Economic Growth

N. Gregory Mankiw, David Romer and David Weil

3540: Basic Concepts of International Taxation

Jacob Frenkel, Assaf Razin and Efraim Sadka

3539: The Making of Exchange Rate Policy in the 1980s

Jeffrey Frankel

3538: The Transfer Pricing Problem: Where the Profits Are

James Hines

3537: Why Are There So Few Black Entrepreneurs?

Bruce Meyer

3536: Maternal Labor Supply and Children's Cognitive Development

Francine Blau and Adam Grossberg

3535: The Effect of Illicit Drug Use on the Wages of Young Adults

Robert Kaestner

3534: Cyclical Markups: Theories and Evidence

Julio Rotemberg and Michael Woodford

3533: Macroeconomic Models with Equity and Credit Rationing

Bruce C. Greenwald and Joseph Stiglitz

3532: American Economic Policy and the International Debt Crisis

Hans-Werner Sinn

3531: Tax Policy, Investments in Human and Physical Capital, and Productivity

Marc Nerlove, Assaf Razin, Efraim Sadka and Robert K. von Weizsacker

3530: The Allocation of Talent: Implications for Growth

Kevin Murphy, Andrei Shleifer and Robert Vishny

3529: Time-Consistent Policy and Persistent Changes in Inflation

Laurence Ball

3528: Economic Integration and Endogenous Growth

Luis Rivera-Batiz and Paul Romer

3527: The Benefits of Crises for Economic Reforms

Allan Drazen and Vittorio Grilli

3526: Hysteresis in the Trade Pattern

Gene Grossman and Elhanan Helpman

3525: Pension Portability and Labor Mobility: Evidence From the Survey of Income and Program Participation

Alan Gustman and Thomas Steinmeier

3524: Job Vacancy Rates in the Firm: An Empirical Analysis

Harry Holzer

3523: The Bubble of 1929: Evidence from Closed-End Funds

J. Bradford De Long and Andrei Shleifer

3522: The Economics of Seasonal Cycles

Jeffrey Miron

3521: Post-War Economic Growth in the Group-of-Five Countries: A New Analysis

Michael J. Boskin and Lawrence J. Lau

3520: Stock Prices, News, and Business Conditions

Grant McQueen and V. Vance Roley

3519: Taxation and the Birth of Foreign Subsidiaries

Hans-Werner Sinn

3518: High Inflation and the Nominal Anchors of an Open Economy

Michael Bruno

3517: British and French Finance During the Napoleonic Wars

Michael Bordo and Eugene White

3516: Municipal Labor Demand in the Presence of Uncertainty: An Econometric Approach

Douglas Holtz-Eakin and Harvey Rosen

3515: Equipment Investment and Economic Growth

J. Bradford De Long and Lawrence Summers

3514: The Draft Lottery and Voluntary Enlistment in the Vietnam Era

Joshua Angrist

3513: A Simple Model of Useless Speculation

Murray Kemp and Hans-Werner Sinn

3512: Comparative Advantage, Geographic Advantage, and the Volume of Trade

James Rauch

3511: Riding the Yield Curve: Reprise

Robin Grieves and Alan Marcus

3510: Recursive and Sequential Tests of the Unit Root and Trend Break Hypothesis: Theory and International Evidence

Anindya Banerjee, Robin L. Lumsdaine and James Stock

3509: Immigration and the Family

George Borjas and Stephen Bronars

3508: Public Sector Dynamics

Alan Auerbach

3507: Inputs to Tax Policymaking: The Supply Side, the Deficit, and the Level Playing Field

Don Fullerton