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.

3475: Monopoly and Trade Policy

Carsten Kowalczyk

3474: Labor Supply, Hours Constraints and Job Mobility

Joseph Altonji and Christina Paxson

3473: Marriage, Motherhood, and Wages

Sanders Korenman and David Neumark

3472: Wealth Depletion and Life Cycle Consumption by the Elderly

Michael Hurd

3471: Temporal Variation in the Interest-Rate Response to Money Announcements

V. Vance Roley and Simon M. Wheatley

3470: Exchange Rate Forecasting Techniques, Survey Data, and Implications for the Foreign Exchange Market

Jeffrey Frankel and Kenneth Froot

3469: Finite Lifetimes and Growth

Larry Jones and Rodolfo Manuelli

3468: The Predictability of Real Exchange Rate Changes in the Short and Long Run

Robert Cumby and John Huizinga

3467: Rational Speculative Bubbles in an Exchange Rate Target Zone

Willem Buiter and Paolo Pesenti

3466: The Foreign Exchange Risk Premium in a Target Zone with Devaluation Risk

Lars Svensson

3465: Investor Sentiment and the Closed-End Fund Puzzle

Charles Lee, Andrei Shleifer and Richard Thaler

3464: Stock Prices and Bond Yields: Can Their Comovements Be Explained in Terms of Present Value Models?

Robert Shiller and Andrea E. Beltratti

3463: Scale and Scope Effects on Advertising Agency Costs

Alvin J. Silk and Ernst R. Berndt

3462: Down and Out in North America: Recent Trends in Poverty Rates in the U.S. and Canada

Maria J. Hanratty and Rebecca Blank

3461: The Special Education Costs of Low Birthweight

Stephen Chaikind and Hope Corman

3460: The Politics of 1992: Fiscal Policy and European Integration

Torsten Persson and Guido Tabellini

3459: A Cross Country Comparison of Seasonal Cycles and Business Cycles

J. Joseph Beaulieu and Jeffrey Miron

3458: Pensions and Wages: An Hedonic Price Theory Approach

Edward B. Montgomery, Kathryn Shaw and Mary Ellen Benedict

3457: International Trade and Investment under Different Rates of Time Preference

Kyoji Fukao and Koichi Hamada

3456: Monetary Overhang and Reforms in the 1940s

Rüdiger Dornbusch and Holger Wolf

3455: Taxes, Fringe Benefits and Faculty

Daniel Hamermesh and Stephen Woodbury

3454: The Dynamic Efficiency Cost of Not taxing Housing

Jonathan Skinner

3453: Popular Attitudes Towards Free Markets: The Soviet Union and the United States Compared

Robert Shiller, Maxim Boycko and Vladimir Korobov

3452: Fundamental Value and Market Value

William C. Brainard, Matthew Shapiro and John B. Shoven

3451: Do Stationary Risk Premia Explain It All? Evidence from the Term Struct

Martin Evans and Karen Lewis

3450: The Seasonal Cycle in U.S. Manufacturing

J. Joseph Beaulieu and Jeffrey Miron

3449: Human Resource Management Systems and the Performance of U.S. Manufacturing Businesses

Casey Ichniowski

3448: A Sorting Model of Labor Contracts: Implications for Layoffs and Wage-Tenure Profiles

Andrew Weiss and Ruqu Wang

3447: Women's Work, Women's Lives: A Comparative Economic Perspective

Francine Blau and Marianne A. Ferber

3446: Assuming The Can Opener: Hedonic Wage Estimates and the Value of Life

William T. Dickens

3445: Career Plans and Expectations of Young Women and Men: The Earnings Gap and Labor Force Participation

Francine Blau

3444: Employment and Earnings of Disadvantaged Young Men in a Labor Shortage Economy

Richard Freeman

3443: Capital Controls, Collection Costs, and Domestic Public Debt

Joshua Aizenman and Pablo Guidotti

3442: Measures of Prices and Price Competitiveness in International Trade in Manufactured Goods

Robert Lipsey, Linda Molinari and Irving B. Kravis

3441: Does Competition Between Currencies Lead to Price Level and Exchange Rate Stability?

Michael Woodford

3440: Monetary Contracting Between Central Banks and the Design of SustainableExchange-Rate Zones

Francisco Delgado and Bernard Dumas

3439: On The Behavior of Commodity Prices

Angus Deaton and Guy Laroque

3438: Participation Dynamics: Sunspots and Cycles

Satyajit Chatterjee, Russell Cooper and B Ravikumar

3437: Disability Transfers and the Labor Force Attachment of Older Men: Evidence from the Historical Record

John Bound

3436: Patterns of Aging in Thailand and Cote D'Ivoire

Angus Deaton and Christina Paxson

3435: The Role of Banks in Reducing the Costs of Financial Distress in Japan

Takeo Hoshi, Anil Kashyap and David Scharfstein

3434: Tax Policy and the Dividend Puzzle

B. Douglas Bernheim

3433: Technological Change and the Careers of Older Workers

Ann P. Bartel and Nachum Sicherman

3432: Real Business Cycle Theory: Wisdom or Whimsy?

Martin Eichenbaum

3431: A Theory of Corporate Financial Structure Based on the Seniority of Claims

Oliver Hart and John Moore

3430: Measuring Ignorance in the Market: A New Method with an Application to Physician Services

Martin Gaynor and Solomon Polachek

3429: Enforcement Costs and the Optimal Magnitude and Probability of Fines

A. Mitchell Polinsky and Steven Shavell

3428: Medical Malpractice: An Empirical Examination of the Litigation Process

Henry S. Farber and Michelle White

3427: Univariate vs. Multivariate Forecasts of GNP Growth and Stock Returns: Evidence and Implications for the Persistence of Shocks, Detrending Methods

John Cochrane

3426: Did J.P. Morgan's Men Add Value? A Historical Perspective on Financial Capitalism

J. Bradford De Long

3425: Modeling American Marriage Patterns

David Bloom and Neil G. Bennett

3424: Sovereign Debt, Reputation, and Credit Terms

Jonathan Eaton

3423: Immigrant Participation in the Welfare System

George Borjas and Stephen Trejo

3422: Fertility Timing, Wages, and Human Capital

McKinley Blackburn and David Bloom

3421: Ex-Day Behavior of Japanese Stock Prices: New Insights from New Methodology

Fumio Hayashi and Ravi Jagannathan

3420: Aging and Labor Force Participation: A Review of Trends and Explanations

David Wise and Robin L. Lumsdaine

3419: Economic Growth and Convergence across The United States

Robert Barro and Xavier Sala-i-Martin

3418: Target Zones with Limited Reserves

Paul Krugman and Julio Rotemberg

3417: An Experimental Comparison of Dispute Rates in Alternative Arbitration Systems

Orley Ashenfelter, Janet Currie, Henry S. Farber and Matthew Spiegel

3416: Can Capital Income Taxes Survive in Open Economies?

Roger Gordon

3415: The Continued Interest Rate Vulnerability of Thrifts

Patric Hendershott and James D. Shilling

3414: Human Capital, Fertility, and Economic Growth

Gary Becker, Kevin Murphy and Robert Tamura

3413: Human Capital, Product Quality, And Growth

Nancy Stokey

3412: Foreign Firms and Export Performance in Developing Countries: Lessons from the Debt Crisis

Magnus Blomstrom and Robert Lipsey

3411: Trends and Cycles in Foreign Lending

Barry Eichengreen

3410: Relaxing the External Constraint: Europe in the 1930s

Barry Eichengreen

3409: Jobfinding and Wages when Longrun Unemployment is Really Long: The Case of Spain

Alfonso Alba-Ramirez and Richard Freeman

3408: The Resurgence of Inventory Research: What Have We Learned?

Alan Blinder and Louis Maccini

3407: Views on the Likelihood of Financial Crisis

Benjamin M. Friedman

3406: P* Type Models: Evaluation and Forecasts

Rowena Pecchenino and Robert Rasche

3405: Tax Aspects of Policy Towards Aging Populations: Canada and the United States

Alan Auerbach and Laurence Kotlikoff

3404: U.S. Demographics and Saving: Predictions of Three Saving Models

Alan Auerbach, Jinyong Cai and Laurence Kotlikoff

3403: Precautionary Saving and the Marginal Propensity to Consume

Miles Kimball

3402: The Consumption of Stockholders and Non-Stockholders

N. Gregory Mankiw and Stephen Zeldes

3401: Capital Positions of Japanese Banks

Edward Kane, Haluk Unal and Asli Demirguc-Kunt

3400: Asymmetric Information and Financial Crises: A Historical Perspective

Frederic Mishkin

3399: Sanctions

Jonathan Eaton and Maxim Engers

3398: Occasional Interventions to Target Rates with a Foreign Exchange Application

Karen Lewis

3397: Why Doesn't Society Minimize Central Bank Secrecy?

Karen Lewis

3396: Interdependent Pricing and Markup Behavior: An Empirical Analysis of GM, Ford and Chrysler

Ernst R. Berndt, Ann F. Friedlaender and Judy Shaw-Er Wang Chiang

3395: Externalities, Incentives, and Economic Reforms

Joshua Aizenman and Peter Isard

3394: The Simplest Test of Target Zone Credibility

Lars Svensson

3393: The Phillips Curve Now and Then

Robert Gordon

3392: An Empirical Model of Labor Supply in the Underground Economy

Bernard Fortin, Thomas Lemieux and Pierre Frechette

3391: The Impact of Permanent and Temporary Import Surcharges on the U.S. Trade Deficit

Barry Eichengreen and Lawrence H. Goulder

3390: How Risky is the Debt in Highly Leveraged Transactions? Evidence from Public Recapitalizations

Steven Kaplan and Jeremy Stein

3389: Hot Hands in Mutual Funds: The Persistence of Performance, 1974-87

Darryll Hendricks, Jayendu Patel and Richard Zeckhauser

3388: Should The Fed Smooth Interest Rates? The Case of Seasonal Monetary Policy

N. Gregory Mankiw and Jeffrey Miron

3387: Ranking, Unemployment Duration, and Wages

Olivier Blanchard and Peter Diamond

3386: Revenue and Welfare Implications for a Capital Gains Tax Cut

Patric Hendershott, Eric Toder and Yunhi Won

3385: Waiting for Work

George Akerlof, Andrew Rose and Janet Yellen

3384: International Costs and Benefits from EMU

George Alogoskoufis and Richard Portes

3383: Money and Prices in Colonial America: A New Test of Competing Theories

Bennett McCallum

3382: Rules versus Discretion in Trade Policy: An Empirical Analysis

Robert Staiger and Guido Tabellini

3381: Banks in the Market for Liquidity

Peter Garber and Steven Weisbrod

3380: Before the Accord: U.S. Monetary-Financial Policy 1945-51

Barry Eichengreen and Peter Garber

3379: Tax Policy Toward Art Museums

Don Fullerton

3378: Price Indexes for Microcomputers: An Exploratory Study

Ernst R. Berndt and Zvi Griliches

3377: Taxes, Outward Orientation, and Growth Performance in Korea

Irene Trela and John Whalley

3376: Business Cycle Properties of Selected U.S. Economic Time Series, 1959-1988

James Stock and Mark Watson