NBER Working Papers

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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

3506: Distortionary Taxes and the Provision of Public Goods

Charles Ballard and Don Fullerton

3505: A General Equilibrium Model of Housing, Taxes, and Portfolio Choice

James Berkovec and Don Fullerton

3504: Where Does the Meteor Shower Come From? The Role of Stochastic Policy Coordination

Takatoshi Ito, Robert Engle and Wen-Ling Lin

3503: Procyclical Labor Productivity and Competing Theories of the Business Cycle: Some Evidence from Interwar U.S. Manufacturing Industries

Ben Bernanke and Martin L. Parkinson

3502: Efficient Contracting and Market Power: Evidence from the U.S. Natural Gas Industry

Robert Hubbard and Robert J. Weiner

3501: Taxation and the Cost of Capital: The "Old" View, the "New" View and Another View

Hans-Werner Sinn

3500: Taxes, Tariffs, and The Global Corporation

James Levinsohn and Joel Slemrod

3499: International Impacts on Domestic Political Economy: A Case of Japanese General Elections

Takatoshi Ito

3498: New Trading Practices and Short-run Market Efficiency

Kenneth Froot and Andre F. Perold

3497: Capital Flows, Foreign Direct Investment, and Debt-Equity Swaps in Developing Countries

Sebastian Edwards

3496: The Globalization of Information and Capital Mobility

William Branson and Dwight M. Jaffee

3495: Interest Rate Spreads, Credit Constraints, and Investment Fluctuations: An Empirical Investigation

Mark Gertler, Robert Hubbard and Anil Kashyap

3494: Workers' Compensation and Injury Duration: Evidence from a Natural Experiment

Bruce Meyer, W Viscusi and David L. Durbin

3493: Explaining Fiscal Policies and Inflation in Developing Countries

Sebastian Edwards and Guido Tabellini

3492: The Effect of Veterans Benefits on Veterans' Education and Earnings

Joshua Angrist

3491: Sectoral Shifts and Cyclical Unemployment Reconsidered

S. Lael Brainard and David Cutler

3490: On the Accuracy of Producer Price Indexes for Pharmaceutical Preparations: An Audit Based on Detailed Firm-Specific Data

Ernst R. Berndt, Zvi Griliches and Joshua G. Rosett

3489: Fiscal Policy, Capital Accumulation, and Debt in an Open Economy

Stephen J Turnovsky and Partha Sen

3488: The Gold Standard, Deflation, and Financial Crisis in the Great Depression: An International Comparison

Ben Bernanke and Harold James

3487: The Federal Funds Rate and the Channels of Monetary Transnission

Ben Bernanke

3486: On the Predictive Power of Interest Rates and Interest Rate Spreads

Ben Bernanke

3485: Trade, Knowledge Spillovers, and Growth

Gene Grossman and Elhanan Helpman

3484: The Success of Acquisitions: Evidence From Disvestitures

Steven Kaplan and Michael Weisbach

3483: Auctions with Endogenous Valuations, The Snowball Effect Revisited

Kala Krishna

3482: Search for a Theory of Money

Nobuhiro Kiyotaki and Randall Wright

3481: Asset Returns with Transactions Cost and Uninsured Risk: A Stage III Exercise

S. Aiyagari and Mark Gertler

3480: Learning and the Value of the Firm

Nobuhiro Kiyotaki

3479: Recursive Linear Models of Dynamic Economies

Lars Hansen and Thomas Sargent

3478: Political Cycles in OECD Economies

Alberto Alesina and Nouriel Roubini

3477: Fiscal Paradise: Foreign Tax Havens and American Business

James Hines and Eric M. Rice

3476: Welfare and Customs Unions

Carsten Kowalczyk