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.

2275: On the Definition and Magnitude of Recent Capital Flight

Robert Cumby and Richard M. Levich

2274: Is the U.S. a Spendthrift Nation?

Robert Lipsey and Irving B. Kravis

2273: The Impact of Firm Acquisitions on Labor

Charles Brown and James Medoff

2272: Housing Finance Imperfections and Private Saving: A Comparative Simulation Analysis of the U.S. and Japan

Fumio Hayashi, Takatoshi Ito and Joel Slemrod

2271: Inter-Industry Wage Differences and Theories of Wage Determination

William T. Dickens and Lawrence Katz

2270: The Optimal Collection of Seigniorage: Theory and Evidence

N. Gregory Mankiw

2269: Regulation and the Provision of Quality to Heterogenous Consumers: The Case of Prospective Pricing of Medical Services

Robin Allen and Paul Gertler

2268: Stabilization with Exchange Rate Management under Uncertainty

Allan Drazen and Elhanan Helpman

2267: The Decline of Unionization in the United States: What can Be Learned from Recent Experience?

Henry S. Farber

2266: Pensions and Firm Performance

Steven Allen and Robert L. Clark

2265: Consumption

Robert Hall

2264: Investment Under Uncertainty: Theory and Tests with Industry Data

Robert Hall

2263: Longitudinal Analysis of Strike Activity

David Card

2262: Excess Capacity, Monopolistic Competition, and International Transmission of Monetary Disturbances

Lars Svensson and Sweder van Wijnbergen

2261: Tariffs, Employment and the Current Account: Real Wage Resistance and the Macroeconomics of Protectionism

Sweder van Wijnbergen

2260: Who Should Learn What From the Failure and Delayed Bailout of the ODGF?

Edward Kane

2259: Nominally Sovereign Debt, Risk Shifting, and Reputation

Herschel Grossman and John van Huyck

2258: Testing Ricardian Neutrality with an Intertemporal Stochastic Model

Leonardo Leiderman and Assaf Razin

2257: Social Security Benefits: An Empirical Study of Expectations and Realizations

B. Douglas Bernheim

2256: Future Social Security Financing Alternatives and National Saving

Michael J. Boskin

2255: The Stochastic Properties of Velocity: A New Interpretation

Michael Bordo and Lars Jonung

2254: Unions and Efficiency in Private Sector Construction: Further Evidence

Steven Allen

2253: Implicit Estimates of Natural, Trend, and Cyclical Components of Real GNP

Charles Nelson

2252: The Insensitivity of Consumption to News About Income

Kenneth West

2251: Efficient "Myopic" Asset Pricing in General Equilibrium: A Potential Pitfall in Excess Volatility Tests

Willem Buiter

2250: Capital Controls and the Timing of Exchange Regime Collapse

Daekuen Park and Jeffrey Sachs

2249: Are Exchange Rates Excessively Variable?

Jeffrey Frankel and Richard Meese

2248: Self-Selection and the Earnings of Immigrants

George Borjas

2247: Intertemporal Constraints, Shadow Prices, and Financial Asset Values

Bob Chirinko

2246: Implicit Taxation in Lottery Finance

Charles Clotfelter and Philip J Cook

2245: Home Ownership and Real House Prices: Sources of Change, 1965-85

Patric Hendershott

2244: International Macroeconomic Policy Coordination

Stanley Fischer

2243: Share Repurchases and Acquisitions: An Analysis of Which Firms Participate

John B. Shoven and Laurie Blair Simon

2242: Accounting for Racial Differences in School Attendance in the American South, 1900: The Role of Separate-But-Equal

Robert Margo

2241: Institutional Aspects of High Unemployment in the Federal Republic of Germany

Michael Burda and Jeffrey D. Sachs

2240: Changing Patterns of International Investment In and By the United States

Robert Lipsey

2239: A Generic Model of Monetary Policy, Inflation, and Reputation

Herschel Grossman

2238: Constraints on the Choice of Work Hours: Agency vs. Specific-Capital

Shulamit Kahn and Kevin Lang

2237: Intergenerational Transfers and Savings

Laurence Kotlikoff

2236: Country Risk and Contingencies

Joshua Aizenman

2235: International Competition in Services

Rachel McCulloch

2234: The Social Security Cost of Smoking

John B. Shoven, Jeffrey O. Sundberg and John P. Bunker

2233: Econometric Modeling as Information Aggregation

Ray Fair and Robert Shiller

2232: Loan Commitments and Monetary Policy

George Sofianos, Arie Melnik and Paul Wachtel

2231: The Marriage Tax is Down But Not Out

Harvey Rosen

2230: Real-Financial Linkages Among Open Economies

Sven Arndt and J. David Richardson

2229: Stochastic Trends and Economic Fluctuations

Robert King, Charles Plosser, James Stock and Mark Watson

2228: Interpreting Evidence on Money-Income Causality

James Stock and Mark Watson

2227: The Postwar Evolution of Computer Prices

Robert Gordon

2226: Trade and Exchange Rate Policies in Growth-Oriented Adjustment Programs

Jeffrey D. Sachs

2225: The Financial Impact of Social Security by Cohort Under Alternative Financing Assumptions

Michael J. Boskin and Douglas J. Puffert

2224: Tax Deductibility and Municipal Budget Structure

Douglas Holtz-Eakin and Harvey Rosen

2223: Household Saving and Permanent Income in Canada and the United Kingdom

John Campbell and Richard Clarida

2222: The Effect of Economic Events on Votes for President: 1984 Update

Ray Fair

2221: Relative Wage Variability in the United States, 1860-1983

Steven Allen

2220: Smuggler's Blues at the Central Bank: Lessons from Sudan

William Branson and Jorge Braga de Macedo

2219: Discounting Rules for Risky Assets

Stewart C. Myers and Richard S. Ruback

2218: The United States and Foreign Competition in Latin America

Sebastian Edwards

2217: Have IRAs Increased U.S. Saving?: Evidence from Consumer Expenditure Surveys

Steven Venti and David Wise

2216: Short-term and Long-Term Expectations of the Yen/Dollar Exchange Rate: Evidence from Survey Data

Jeffrey Frankel and Kenneth Froot

2215: Capital Gains Taxes Under the Tax Reform Act of 1986: Revenue EstimatesUnder Various Assumptions

Lawrence B. Lindsey

2214: Anticipated Protectionist Policies, Real Exchange Rates and the Current Account

Sebastian Edwards and Jonathan Ostry

2213: Dynamic Optimization in Two-Party Models

Warwick McKibbin, Nouriel Roubini and Jeffrey Sachs

2212: Measuring Market Power in U.S. Industry

Matthew Shapiro

2211: Negotiator Behavior Under Arbitration

David Bloom and Christopher L. Cavanagh

2210: International Capital Flows and Domestic Economic Policies

Jeffrey Frankel

2209: The Permanent Income Hypothesis Revisited

Lawrence Christiano, Martin Eichenbaum and David Marshall

2208: U.S. and Foreign Competition in the Developing Countries of the Asian Pacific Rim

Robert Baldwin

2207: Economic Rents Derived from Hospital Privileges in the Market for Podiatric Services

Richard G. Frank, Jonathan P. Weiner, Donald M. Steinwachs and David Salkever

2206: International Adjustment Under the Classical Gold Standard: Evidence for the U.S. and Britain, 1879-1914

Charles Calomiris and Robert Hubbard

2205: Firm Size and R&D Intensity: A Re-Examination

Wesley M. Cohen, Richard C. Levin and David C. Mowery

2204: Country Risk and the Organization of International Capital Transfer

Jonathan Eaton and Mark Gersovitz

2203: Peso Problems, Bubbles, and Risk in the Empirical Assessment of Exchange-Rate Behavior

Maurice Obstfeld

2202: Successful Adjustment in a Multi-Sectoral Economy

Joshua Aizenman

2201: Imperfect Information and Staggered Price Setting

Laurence Ball and Stephen Cecchetti

2200: Should Social Security Benefits Increase with Age?

Martin Feldstein

2199: Why Was there Mandatory Retirement? or the Impossibility of Efficient Bonding Contracts

Kevin Lang

2198: The Gold-Exchange Standard and the Great Depression

Barry Eichengreen

2197: City Taxes and Property Tax Bases

Katharine Bradbury and Helen Ladd

2196: Privatization, Information and Incentives

David Sappington and Joseph Stiglitz

2195: The Importance of Economic Policy in Development: Contrasts Between Korea and Turkey

Anne O. Krueger

2194: Incentives and Worker Behavior: Some Evidence

Andrew Weiss

2193: Hegemonic Stability Theories of the International Monetary System

Barry Eichengreen

2192: The Effects of Taxation on the Merger Decision

Alan Auerbach and David Reishus

2191: The Effect of Takeover Activity on Corporate Research and Development

Bronwyn Hall

2190: International Competition in the Products of U.S. Basic Industries

Barry Eichengreen

2189: Pareto Efficient and Optimal Taxation and the New New Welfare Economics

Joseph Stiglitz

2188: Money, Imperfect Information and Economic Fluctuations

Bruce Greenwald and Joseph Stiglitz

2187: Existing Estimates, New Estimates, and New Interpretations of World War I and its Aftermath

Christina Romer

2186: New Directions in the Relationship Between Public and Private Debt

Benjamin M. Friedman

2185: Hiring Procedures in the Firm: Their Economic Determinants and Outcomes

Harry Holzer

2184: Factors Affecting the Output and Quit Propensities of Production Workers

Roger Klein, Richard H. Spady and Andrew Weiss

2183: Can People Compute? An Experimental Test of the Life Cycle Consumption Model

Stephen Johnson, Laurence Kotlikoff and William Samuelson

2182: High Tech Trade Policy

Kala Krishna

2181: Estimating Models with Intertemporal Substitution Using Aggregate Time Series Data

Martin Eichenbaum and Lars Hansen

2180: The Revenues-Expenditures Nexus: Evidence from Local Government Data

Douglas Holtz-Eakin, Whitney Newey and Harvey Rosen

2179: Economic Liberalization and the Equilibrium Real Exchange rate in Developing Countries

Sebastian Edwards

2178: The Theory and the Facts of How Markets Clear: Is Industrial Organization Valuable for Understanding Macroeconomics?

Dennis Carlton

2177: Currency Incontrovertibility, Trade Taxes and Smuggling

Jorge Braga de Macedo

2176: Carrots and Sticks: Pay, Supervision and Turnover

Jonathan Leonard