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NBER Working Papers

From National Bureau of Economic Research, Inc
National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A..
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4075: Bargaining Power, Strike Duration, and Wage Outcomes: An Analysis of Strikes in the 1880s Downloads
David Card and Craig A. Olson
4074: Global Financial Markets and the Risk Premium on U.S. Equity Downloads
K.C. Chan, G. Karolyi and René Stulz
4073: Labor Market Segmentation, Wage Dispersion and Unemployment Downloads
Kevin Lang and William T. Dickens
4072: The Production and Cost Structure of Israeli Industry: Evidence From Individual Firm Data Downloads
Arie Bregman, Melvyn Fuss and Haim Regev
4071: GATT, Dispute Settlement and Cooperation Downloads
Dan Kovenock and Marie Thursby
4070: Do Doctoral Students' Financial Support Patterns Affect Their Times-to-Degree and Completion Probabilities Downloads
Ronald Ehrenberg and Panagiotis G. Mavros
4069: Strategic Trade Policy With Incompletely Informed Policymakers Downloads
S. Lael Brainard and David Martimort
4068: The Expected Timing of EMS Realignments: 1979-83 Downloads
Susan M. Collins
4067: Estimating the Payoff to Schooling Using the Vietnam-Era Draft Lottery Downloads
Joshua Angrist and Alan Krueger
4066: Empirical Linkages Between Democracy and Economic Growth Downloads
John Helliwell
4065: Top Executive Rewards and Firm Performance: A Comparison of Japan and the U.S Downloads
Steven Kaplan
4064: Foreign Trade in Eastern Europe's Transition: Early Results Downloads
Dani Rodrik
4063: Taxation and the Structure of Labor Markets: The Case of Corporatism Downloads
Lawrence Summers, Jonathan Gruber and Rodrigo Vergara
4062: A Growth Model of Inflation, Tax Evasion, and Financial Repression Downloads
Nouriel Roubini and Xavier Sala-i-Martin
4061: Do the Costs of a Carbon Tax Vanish When Interactions With Other Taxes are Accounted For? Downloads
Lawrence H. Goulder
4060: R&D, Investment and Industry Dynamics Downloads
Saul Lach and Rafael Rob
4059: Productivity and Firm Turnover in Israeli Industry: 1979-1988 Downloads
Zvi Griliches and Haim Regev
4058: Using Regional Variation in Wages to Measure the Effects of the Federal Minimum Wage Downloads
David Card
4057: Attitudes Towards Inflation and the Viability of Fixed Exchange Rates: Evidence From the EMS Downloads
Susan M. Collins and Francesco Giavazzi
4056: A Theory of Persistent Income Inequality Downloads
Steven Durlauf
4055: Spatial and Temporal Aggregation in the Dynamics of Labor Demand Downloads
Daniel Hamermesh
4054: "Excess Volatility" and the German Stock Market, 1876-1990 Downloads
J. Bradford De Long and Marco Becht
4053: Interest Differentials Under Fixed and Flexible Exchange Rates: The Effects of Capital Controls and Exchange Risk Downloads
Richard C. Marston
4052: Does the Human-Capital/Educational-Sorting Debate Matter for Development Policy? Downloads
Kevin Lang
4051: Noncooperative Equilibria in Regional Environmental Policies When Plant Locations are Endogenous Downloads
James Markusen, Edward Morey and Nancy Olewiler
4050: Is Japan Creating a Yen Bloc in East Asia and the Pacific? Downloads
Jeffrey Frankel
4049: Sources of Output Fluctuations During the Interwar Period: Further Evidence on the Causes of the Great Depression Downloads
Stephen Cecchetti and Georgios Karras
4048: Adoption of Technologies With Network Effects: An Empirical Examination of the Adoption of Automated Teller Machines Downloads
Garth Saloner and Andrea Shepard
4047: Devaluation Controversies in the Developing Countries: Lessons From the Bretton Woods Era Downloads
Sebastian Edwards and Julio A. Santaella
4046: Union Threat Effects and Nonunion Industry Wage Differentials Downloads
David Neumark and Michael L. Wachter
4045: On the Growth Effects of Import Competition Downloads
Richard Baldwin
4044: A Test of Negotiation and Incentive Compensation Models Using Longitudinal French Enterprise Data Downloads
John Abowd and Francis Kramarz
4043: Empirical Testing of Asset Pricing Models Downloads
Bruce N. Lehmann
4042: "New" Trade Theory and Policy a Decade Old: Assessment in a Pacific Context Downloads
J. David Richardson
4041: Incumbent Behavior: Vote Seeking, Tax Setting and Yardstick Competition Downloads
Timothy Besley and Anne Case
4040: Moscow Black Markets and Official Markets for Foreign Exchange: How Much Flexiblity in Flexible Rates? Downloads
Linda Goldberg
4039: Conceptually Based Measures of Structural Adaptability Downloads
Kala Krishna
4038: Regional Growth and Migration: A Japan-U.S. Comparison Downloads
Robert Barro and Xavier Sala-i-Martin
4037: Training at Work: A Comparison of U.S. and British Youths Downloads
David Blanchflower and Lisa Lynch
4036: Testing for Price Anomalies in Real Estate Auctions Downloads
Orley Ashenfelter and David Genesove
4035: Near-Rationality, Heterogeneity and Aggregate Consumption Downloads
Ricardo Caballero
4034: Differential Effects of Post-School Training on Early Career Mobility Downloads
Lisa Lynch
4033: The Bretton Woods International Monetary System: An Historical Overview Downloads
Michael Bordo
4032: College Scholarship Rules and Private Saving Downloads
Martin Feldstein
4031: Diminished Expectations of Nuclear War and Increased Personal Savings: Evidence From Individual Survey Data Downloads
Bruce Russett and Joel Slemrod
4030: Unemployment Insurance Taxes and the Cyclical and Seasonal Properties of Unemployment Downloads
David Card and Phillip Levine
4029: National Origin and Immigrant Welfare Recipiency Downloads
George Borjas and Stephen Trejo
4028: Convertible Bonds as "Back Door" Equity Financing Downloads
Jeremy Stein
4027: Training, Wage Growth and Job Performance: Evidence From a Company Database Downloads
Ann P. Bartel
4026: The Inconsistency of Common Scale Estimators When Output Prices Are Unobserved and Engogenous Downloads
Tor Klette and Zvi Griliches
4025: A Cross-Sectional Test of a Production-Based Asset Pricing Model Downloads
John Cochrane
4024: Maximizing Seignorage Revenue During Temporary Suspensions of Convertibility: A Note Downloads
Michael Bordo and Angela Redish
4023: Firm-Specific Determinants of the Real Wage Downloads
Janet Currie and Sheena McConnell
4022: Learning From the Reagan Deficits Downloads
Benjamin M. Friedman
4021: The Effects of Tax-Based Saving Incentives on Government Revenue and National Saving Downloads
Martin Feldstein
4020: Energy Tax Credits and Residential Conservation Investment Downloads
Kevin Hassett and Gilbert Metcalf
4019: Sources of Bias in Women's Wage Equations: Results Using Sibling Data Downloads
David Neumark and Sanders Korenman
4018: Inflation Expectations and the Structural Shift in Aggregate Labor-Cost Determination in the 1980s Downloads
David Neumark and Jonathan Leonard
4017: The Private ECU: A Currency Floating on Gossamer Wings Downloads
David Folkerts-Landau and Peter Garber
4016: The European Central Bank: A Bank or a Monetary Policy Rule Downloads
David Folkerts-Landau and Peter Garber
4015: Monetary Policy and Credit Conditions: Evidence From the Composition of External Finance Downloads
Anil Kashyap, Jeremy Stein and David Wilcox
4014: A Procedure for Predicting Recessions With Leading Indicators: Econometric Issues and Recent Experience Downloads
James Stock and Mark Watson
4013: Detection of Bid Rigging in Procurement Auctions Downloads
Robert Porter and John Zona
4012: Suit Versus Settlement When Parties Seek Nonmonetary Judgements Downloads
Steven Shavell
4011: The Growth and Welfare Consequences of Differential Tariffs With Endogenously-Supplied Capital and Labor Downloads
Philip L. Brock and Stephen J Turnovsky
4010: High-Tech Capital Formation and Labor Composition in U.S. Manufacturing Industries: An Exploratory Analysis Downloads
Ernst R. Berndt, Catherine Morrison Paul and Larry S. Rosenblum
4009: Auditing the Producer Price Index: Micro Evidence From Prescription Pharmaceutical Preparations Downloads
Ernst R. Berndt, Zvi Griliches and Joshua G. Rosett
4008: Do Taxes Matter? Lessons From the 1980s Downloads
Joel Slemrod
4007: Debt Reduction, Adjustment Lending, and Burden Sharing Downloads
Ishac Diwan and Dani Rodrik
4006: Inflation and Poverty Downloads
Eliana Cardoso
4005: Business Cycle Durations and Postwar Stabilization of the U.S. Economy Downloads
Mark Watson
4004: Asset Bubbles and Endogenous Growth Downloads
Noriyuki Yanagawa and Gene Grossman
4003: Peso Problems and Heterogeneous Trading: Evidence From Excess Returns in Foreign Exchange and Euromarkets Downloads
Martin Evans and Karen Lewis
4002: Self-Selection and Internal Migration in the United States Downloads
George Borjas, Stephen Bronars and Stephen Trejo
4001: Bretton Woods and Its Precursors: Rules Versus Discretion in the History of International Monetary Regimes Downloads
Alberto Giovannini
4000: The Flow Approach to Labor Markets Downloads
Olivier Blanchard and Peter Diamond
3999: Taxation and Inequality: A Time-Exposure Perspective Downloads
Joel Slemrod
3998: Privatization in East Germany Downloads
Hans-Werner Sinn
3997: The Effect of the Minimum Wage on the Fast Food Industry Downloads
Lawrence Katz and Alan Krueger
3996: Local Versus Global Convergence Across National Economies Downloads
Steven Durlauf and Paul Johnson
3995: Why Does the Stock Market Fluctuate? Downloads
Robert Barsky and J. Bradford De Long
3994: Human Capital Accumulation and Income Distribution Downloads
Raquel Fernandez and Richard Rogerson
3993: Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations Downloads
Adam Jaffe, Manuel Trajtenberg and Rebecca Henderson
3992: Dynamic Efficiency, the Riskless Rate, and Debt Ponzi Games Under Uncertainty Downloads
Olivier Blanchard and Philippe Weil
3991: Wage Effects of A U.S. - Mexican Free Trade Agreement Downloads
Edward Leamer
3990: The Cowles Commission Approach, Real Business Cycle Theories, and New Keynesian Economics Downloads
Ray Fair
3989: Intertemporal Asset Pricing Without Consumption Data Downloads
John Campbell
3988: Forward Into the Past: Productivity Retrogression in the Electric Generating Industry Downloads
Robert Gordon
3987: The Consequences and Costs of Maternal Substance Abuse in New York City Downloads
Ted Joyce, Andrew D. Racine and Naci Mocan
3986: Transitional Dynamics in Two-Sector Models of Endogenous Growth Downloads
Casey Mulligan and Xavier Sala-i-Martin
3985: Pensions and Wage Premia Downloads
Edward Montgomery and Kathryn Shaw
3984: Do Tougher Licensing Provisions Limit Occupational Entry? The Case of Dentistry Downloads
Morris M. Kleiner and Robert T. Kudrle
3983: Disinflation With Imperfect Credibility Downloads
Laurence Ball
3982: Price Margins and Capital Adjustment: Canadian Mill Products and Pulp and Paper Industries Downloads
Jeffrey Bernstein
3981: State Infrastructure and Productive Performance Downloads
Catherine Morrison Paul and Amy Schwartz
3980: Sectoral Shifts and Unemployment in Interwar Britain Downloads
S. Lael Brainard
3979: Information Spillovers, Margins, Scale and Scope: With an Application to Canadian Life Insurance Downloads
Jeffrey Bernstein
3978: The Impact of Collective Bargaining Legislation on Disputes in the U.S. Public Sector: No Policy May Be the Worst Policy Downloads
Janet Currie and Sheena McConnell
3977: The Dynamics of Productivity in the Telecommunications Equipment Industry Downloads
G. Steven Olley and Ariel Pakes
3976: Precautionary Saving and Consumption Smoothing Across Time and Possibilities Downloads
Miles Kimball and Philippe Weil
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