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.
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- 3636: Currency Substitution and the Fluctuations of Foreign-Exchange Reserves with Credibly Fixed Exchange Rates

- Alberto Giovannini
- 3635: Why Do Countries and Industries with Large Seasonal Cycles Also Have Large Business Cycles?

- J. Joseph Beaulieu, Jeffrey Mackie-Mason and Jeffrey Miron
- 3634: Decoupling Liability: Optimal Incentives for Care and Litigation

- A. Mitchell Polinsky and Yeon-Koo Che
- 3633: Asset Returns and Intertemporal Preferences

- Shmuel Kandel and Robert Stambaugh
- 3632: Is the Fisher Effect for Real? A Reexamination of the Relationship Between Inflation and Interest Rates

- Frederic Mishkin
- 3631: Habit Persistence and Durability in Aggregate Consumption: Empirical Tests

- Wayne Ferson and George Constantinides
- 3630: Lump-Sums, Profit Sharing, and the Labor Costs in the Union Sector

- Linda A. Bell and David Neumark
- 3629: Multiple Equilibria and Persistence in Aggregate Fluctuations

- Steven Durlauf
- 3628: Decomposing the Welfare Costs of Capital Tax Distortions: The Importance of Risk Assumptions

- Bob Hamilton, Jack Mintz and John Whalley
- 3627: Internal Quota Allocation Schemes and the Costs of the MFA

- Irene Trela and John Whalley
- 3626: Recent U.S. Investment Behavior and the Tax Reform Act of 1986: A Disaggregate View

- Alan Auerbach and Kevin Hassett
- 3625: Product Demand, Cost of Production, Spillovers, and the Social Rate of Return to R&D

- Jeffrey Bernstein and M. Ishaq Nadiri
- 3624: Updated Estimates of the Impact of Prenatal Care on Birthweight Outcomes by Race

- Richard G. Frank, Donna Strobino, David Salkever and Catherine A. Jackson
- 3623: Foreign Direct Investment in the U.S. and U.S. Trade

- Robert Lipsey
- 3622: Quality and Trade

- Kevin Murphy and Andrei Shleifer
- 3621: The Genesis of Inflation and the Costs of Disinflation

- Laurence Ball
- 3620: Reducing the Risk of Economic Crisis

- Martin Feldstein
- 3619: Tax Policy and Business Fixed Investment in the United States

- Alan Auerbach and Kevin Hassett
- 3618: Asset Sales and Debt Capacity

- Andrei Shleifer and Robert Vishny
- 3617: Window Dressing by Pension Fund Managers

- Josef Lakonishok, Andrei Shleifer, Richard Thaler and Robert Vishny
- 3616: Capital Formation in Latin America

- Eliana Cardoso
- 3615: Host Country Benefits of Foreign Investment

- Magnus Blomstrom
- 3614: Internal Currency Markets and Production in the Soviet Union

- Linda Goldberg and Ildar Karimov
- 3613: Speculative Behavior in the Stock Markets: Evidence from the United States and Japan

- Robert Shiller, Fumiko Kon-Ya and Yoshiro Tsutsui
- 3612: Was there a bubble in the 1929 Stock Market?

- Peter Rappoport and Eugene White
- 3611: A Model of the Political Economy of the United States

- Alberto Alesina, John Londregan and Howard Rosenthal
- 3610: New Goods and Index Numbers: U.S. Import Prices

- Robert Feenstra
- 3609: Investor Diversification and International Equity Markets

- Kenneth French and James Poterba
- 3608: The Fertility of Immigrant Women: Evidence from High Fertility Source Countries

- Francine Blau
- 3607: Cities in Space: Three Simple Models

- Paul Krugman
- 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
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