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.

2606: An Analysis of U.S. Postwar Consumption and Saving: Part II -- Empirical Results

Michael J. Boskin and Lawrence J. Lau

2605: An Analysis of Postwar U.S. Consumption and Saving: Part I -- The Model and Aggregation

Michael J. Boskin and Lawrence J. Lau

2604: The Choice of Monetary Instrument in Two Interdependent Economies Under Uncertainty

Stephen J Turnovsky and Vasco d'Orey

2603: Some Thoughts on the Role of Fiscal Policy in Stabilisation and Structural Adjustment in Developing Countries

Willem Buiter

2602: An Economic Analysis of the Market for Law School Students

Ronald Ehrenberg

2601: Vertical Restraints and Producers' Competition

Patrick Rey and Joseph Stiglitz

2600: Promises, Promises: Credible Policy Reform via Signaling

Dani Rodrik

2599: Inflation and the E M S

Susan M. Collins

2598: South Korea's Experience With External Debt

Susan M. Collins

2597: Sovereign-debt Renegotiations: A Strategic Analysis

Raquel Fernandez and Robert Rosenthal

2596: External Debt and Macroeconomic Performance in South Korea

Susan M. Collins and Won Am Park

2595: Market Structure, Strike Activity, and Union Wage Settlements

John Abowd and Joseph Tracy

2594: Unemployment Insurance, Recall Expectations, And Unemployment Outcomes

Lawrence Katz and Bruce Meyer

2593: Economic Efficiency in Recent Tax Reform History: Policy Reversals or Consistent Improvements?

Don Fullerton and James B. Mackie

2592: Growth, Technological Progress, and Trade

Elhanan Helpman

2591: Labor Hoarding, Inflexible Prices, and Procyclical Productivity

Julio Rotemberg and Lawrence Summers

2590: Relative Wages, Efficiency Wages, and Keynesian Unemployment

Lawrence Summers

2589: Sources of Business Cycle Fluctuations

Matthew Shapiro and Mark Watson

2588: Government Spending in a Simple Model of Endogenous Growth

Robert Barro

2587: Market-Based Debt-Reduction Schemes

Paul Krugman

2586: Deindustrialization, Reindustrialization, and the Real Exchange Rate

Paul Krugman

2585: U.S. Inflation, Labor's Share, and the Natural Rate of Unemployment

Robert Gordon

2584: The Role Of Export Subsisies When Product Quality Is Unknown

Kyle Bagwell and Robert Staiger

2583: Endogenous Participation in Agricultural Support Programs and Ad ValoremEquivalent Modelling

John Whalley and Randall Wigle

2582: Debt and Conditionality under Endogenous Terms of Trade Adjustment

Joshua Aizenman and Eduardo R. Borensztein

2581: Interest-Rate Smoothing

Robert Barro

2580: Consumption and Investment

Andrew Abel

2579: Corporate Taxes and Incentives and the Structure of Production: A Selected Survey

Jeffrey Bernstein and M. Ishaq Nadiri

2578: Centre For Labour Economics

Willem Buiter

2577: On the Consistency of Short-run and Long-run Exchange Rate Expectations

Kenneth Froot and Takatoshi Ito

2576: A Non-Competitive, Equilibrium Model Of Fluctuations

Robert Hall

2575: The Information in the Term Structure: Some Further Results

Frederic Mishkin

2574: Bubbles, Fads, and Stock Price Volatility Tests: A Partial Evaluation

Kenneth West

2573: The Time-Variation of Risk and Return in the Foreign Exchange and Stock Markets

Alberto Giovannini and Philippe Jorion

2572: Labor Demand and the Structure of Adjustment Costs

Daniel Hamermesh

2571: Investment, Depreciation, And Capital Utilization

Jeffrey Bernstein and M. Ishaq Nadiri

2570: Rates Of Return On Physical And R&D Capital And Structure Of The Production Process: Cross Section And Time Series Evidence

Jeffrey Bernstein and M. Ishaq Nadiri

2569: Pricing Physical Assets Internationally

Bernard Dumas

2568: Interpreting Cointegrated Models

John Campbell and Robert Shiller

2567: Inflation And Taxation With Optimizing Governments

James Poterba and Julio Rotemberg

2566: Immigration And Self-Selection

George Borjas

2565: Real Exchange Rate Variability under Pegged and Floating Nominal Exchange Rate Systems: An Equilibrium Theory

Alan Stockman

2564: Is There A Regional Bias in Federal Tax Subsidy Rates for Giving?

Charles Clotfelter and Daniel Feenberg

2563: The Impact Of New Unionization On Wages And Working Conditions: A Longitudinal Study Of Establishments Under NLRB Elections

Richard Freeman and Morris M. Kleiner

2562: Evaluating the European View that the US has No Unemployment Problem

Richard Freeman

2561: Job Queues and Wages: New Evidence on the Minimum Wage and Inter-Industry Wage Structure

Harry Holzer, Lawrence Katz and Alan Krueger

2560: Labor Market Institutions, Constraints, and Performance

Richard Freeman

2559: Financial Structure and Aggregate Economic Activity: An Overview

Mark Gertler

2558: Costs Of Financial Distress, Delayed Calls Of Convertible Bonds, And The Role Of Investment Banks

Dwight Jaffee and Andrei Shleifer

2557: On The Difference Between Tax And Spending Policies In Models With Finite Horizons

William Branson and Giampaolo Galli

2556: A Structural Equation Model for Tax Compliance and Auditing

Kurt J. Beron, Helen V. Tauchen and Ann Dryden Witte

2555: Resolving Debt Crises: An Historical Perspective

Barry Eichengreen

2554: Interindustry R&D Spillovers, Rates Of Return, and Production In High-Tech Industries

Jeffrey Bernstein and M. Ishaq Nadiri

2553: The Tax Reform Act Of 1986 And Economic Growth

Patric Hendershott

2552: Monetary Policy Without Quantity Variables

Benjamin M. Friedman

2551: Lessons On Monetary Policy From The 1980's

Benjamin M. Friedman

2550: Strikes and Wages: A Test of a Signalling Model

David Card

2549: The Contribution of a Monetary History of the United States: 1867 to 1960 To Monetary History

Michael Bordo

2548: Workers' Trust Funds and the Logic of Wage Profiles

George Akerlof and Lawrence Katz

2547: Learning In Equilibrium Models of Arbitration

Robert Gibbons

2546: Unemployment Insurance And Unemployment Spells

Bruce Meyer

2545: Hysteresis In Import Prices: The Beachhead Effect

Richard Baldwin

2544: The Macroeconomics of Exchange-rate and Price-level Interactions: Empirical Evidence for West Germany

Alberto Giovannini

2543: Compositional Effects of Government Spending in a Two-Country Two-SectorProduction Model

Steven Durlauf and Robert Staiger

2542: Exchange Rate Pass-Through When Market Share Matters

Kenneth Froot and Paul Klemperer

2541: LDC Debt: Forgiveness, Indexation, and Investment Incentives

Kenneth Froot, David Scharfstein and Jeremy Stein

2540: Product Development and International Trade

Gene Grossman and Elhanan Helpman

2539: Competitiveness, Realignment, and Speculation: The Role of Financial Markets

Maurice Obstfeld

2538: What Moves Stock Prices?

David Cutler, James Poterba and Lawrence Summers

2537: The Effect Of The Investment Tax Credit On The Value Of The Firm

Andrew Lyon

2536: National Price Levels and the Prices of Tradables and Nontradables

Irving B. Kravis and Robert Lipsey

2535: An Analysis Of Pension Benefit Formulas, Pension Wealth And Incentives From Pensions

Alan Gustman and Thomas L. Steinmeier

2534: Credit, Money, and Aggregate Demand

Ben Bernanke and Alan Blinder

2533: Fads, Martingales, and Market Efficiency

Bruce N. Lehmann

2532: Alternative Mechanisms for Corporate Control

Randall Morck, Andrei Shleifer and Robert Vishny

2531: The Line Item Veto and Public Sector Budgets: Evidence from the States

Douglas Holtz-Eakin

2530: Change in Market Assessments of Deposit-Institution Riskiness

Edward Kane and Haluk Unal

2529: On the Determinants of the Value of Call Options on Default-Free Bonds

Stephen A. Buser, Patric Hendershott and Anthony Sanders

2528: Can Public Spending Cuts be Inflationary?

Willem Buiter

2527: Optimal Policies with Strategic Distortions

Kala Krishna and Marie Thursby

2526: The Compliance Cost of Itemizing Deductions: Evidence from Individual Tax Returns

Mark Pitt and Joel Slemrod

2525: The Poor at Birth: Infant Auxology and Mortality at Philadelphia's Almshouse Hospital, 1848-1873

Claudia Goldin and Robert Margo

2524: Takeover Bids below the Expected Value of Minority Shares

Lucian Bebchuk

2523: Some Empirical Evidence on the Production Level and Production Cost Smoothing Models of Inventory Investment

Martin Eichenbaum

2522: Sectoral Shocks and Structural Unemployment

Michael Riordan and Robert Staiger

2521: Tariffs and Saving in a Model with New Families

Charles Engel and Kenneth Kletzer

2520: The Role of Demand Management in the Maintenance of Full Employment

Bennett McCallum

2519: Capital Subsidies and Countervailing Duties in Oligopolistic Industries

Barbara Spencer

2518: Rules Versus Discretion in Monetary Policy

Stanley Fischer

2517: The Implications of Insurance for the Efficacy of Fiscal Policy

Andrew Abel

2516: Has State Redistribution Policy Grown More Conservative?

Robert Moffitt

2515: Heckscher-Olin Theory and Non-Competitive Markets

Robert Staiger

2514: Organized Labor and the Scope of International Specialization

Robert Staiger

2513: The Challenge to U.S. Leadership in High-Technology Industries (Can the United States Maintain Its Lead? Should It Try?)

Rachel McCulloch

2512: Randomness in Tax Enforcement

Suzanne Scotchmer and Joel Slemrod

2511: Stock Prices, Earnings and Expected Dividends

John Campbell and Robert Shiller

2510: The Deadweight Loss from `Non-Neutral' Capital Income Taxation

Alan Auerbach

2509: Why Do Pensions Reduce Mobility?

Steven Allen, Robert L. Clark and Ann A. McDermed

2508: Deterrence, Work and Crime: Revisiting the Issues with Birth Cohort Data

Helen V. Tauchen, Ann Dryden Witte and Harriet Griesinger

2507: Randomization with Asymmetric Information

Richard Arnott and Joseph Stiglitz