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.

1606: Some Historical Evidence 1870-1933 on the Impact and International Transmission of Financial Crises

Michael Bordo

1605: Paying the Piper, Calling the Tune: Implications of Changes in Reimbursement

Victor Fuchs

1604: Does a Flexible Industry Wage Structure Increase Employment?: The U.S. Experience

Linda A. Bell and Richard Freeman

1603: Real Aspects of Exchange Rate Regime Choice with Collapsing Fixed Rates

Robert Flood and Robert J. Hodrick

1602: How Does the Market Value Unfunded Pension Liabilities?

Jeremy I. Bulow, Randall Morck and Lawrence H. Summers

1601: Ruling Out Nonstationary Speculative Bubbles

Maurice Obstfeld and Kenneth Rogoff

1600: Does the Tax System Favor Investment in High-Tech or Smoke-Stack Industries?

Don Fullerton and Andrew Lyon

1599: An Empirical Examination of Municipal Financial Policy

Roger Gordon and Joel Slemrod

1598: Capital Flows, Investment, and Exchange Rates

Alan C. Stockman and Lars E.O. Svensson

1597: The Effect of Job Complexity on Job Satisfaction: Evidence From Turnover and Absenteeism

Andrew Weiss

1596: On Consequences and Criticisms of Monetary Targeting

Bennett McCallum

1595: High School Graduation, Performance and Earnings

Andrew Weiss

1594: Parsimoneous Modeling of Yield Curves for U.S. Treasury Bills

Charles Nelson and Andrew F. Siegel

1593: Optimal Time-Consistent Fiscal Policy with Uncertain Lifetimes

Guillermo Calvo and Maurice Obstfeld

1592: The Effect of the Treasury Proposal on Charitable Giving: A Comparison of Constant and Variable Elasticity Models

Lawrence B. Lindsey

1591: Purchasing Power Parity

Rüdiger Dornbusch

1590: Exchange Rate Management: Intertemporal Tradoffs

Elhanan Helpman and Assaf Razin

1589: Monetary Information and Interest Rates

Carl Walsh

1588: Game Modelling the Tokyo Round of Tariff Negotiations

Robert Baldwin and Richard N. Clarke

1587: Shifts in the Nineteenth-Century Phillips Curve Relationship

John James

1586: Macroeconomic Stabilization Through Taxation and Indexation: The use ofFirm-Specific Information

Richard C. Marston and Stephen J Turnovsky

1585: A Disaggregated, Structural Analysis of Retirement by Race, Difficulty of Work and Health

Alan Gustman and Thomas L. Steinmeier

1584: International Monetary Policy to Promote Economic Recovery

Willem Buiter

1583: On the Complementarity of Commercial Policy, Capital Controls and Inflation Tax

Joshua Aizenman

1582: Labor Relations, Wages and Nonwage Compensation in Municipal Employment

Jeffrey Zax

1581: A Variance Bounds Test of the Linear Quardractic Inventory Model

Kenneth West

1580: Money Demand Predictability

V. Vance Roley

1579: Firm-Level Policy Toward Older Workers

Olivia Mitchell and Rebecca A. Luzadis

1578: Collective Bargaining Laws and Threat Effects of Unionism in the Determination of Police Compenstation

Richard Freeman, Casey Ichniowski and Harrison Lauer

1577: The Real Exchange Rate as a Tool of Commercial Policy

Michael Mussa

1576: Exchange Rate and Current Account Dynamics Under Rational Expectations: An Econometric Analysis

David Papell

1575: Real Interest Rate, Credit Markets, and Economic Stabilization

Paul Jenkins and Carl Walsh

1574: Collective Pegging to a Single Currency: The West African Monetary Union

Jorge Braga de Macedo

1573: Exchange Rate Flexibility and the Transmission of Business Cycles

Jorge Braga de Macedo and David M. Meerschwam

1572: Bank Deregulation, Accounting Systems of Exchange, and the Unit of Account: A Critical Review

Bennett McCallum

1571: Macroeconomic Policy Under Currency Inconvertibility

Jorge Braga de Macedo

1570: Commodity Export Prices and the Real Exchange Rate in Developing Countries: Coffee in Colombia

Sebastian Edwards

1569: Market, Government, and Israel's Muted Baby Boom

Yoram Ben-Porath

1568: Notes on the Effect of Capital Gains Taxation on Non-Austrian Assets

Dan Kovenock and Michael Rothschild

1567: Macroeconomics, Income Distribution, and Poverty

Rebecca Blank and Alan Blinder

1566: Economics of Information and the Theory of Economic Development

Joseph Stiglitz

1565: Crowding Out or Crowding In? Evidence on Debt-Equity Substitutability

Benjamin M. Friedman

1564: Adjusting Output and Productivity Indexes for Changes in the Terms of Trade

Walter Diewert and Catherine Morrison Paul

1563: Inventories, Stock-Outs, and Production Smoothing

Andrew Abel

1562: Education, Welfare, and the "New" Federalism: State Budgeting in a Federalist Public Economy

Steven Craig and Robert P. Inman

1561: Productivity Measurement with Nonstatic Expectations and Varying Capacity Utilization: An Integrated Approach

Catherine Morrison Paul

1560: Monitoring Costs and Occupational Segregation by Sex: An Historical Analysis

Claudia Goldin

1559: The Usefulness of the Wind-Up Measure of Pension Liabilities: A LabourMarket Perspective

James Pesando

1558: Unemployment-Rate Dynamics and Persistent Unemployment Under Rational Expectations

Michael Darby, John C. Haltiwanger and Mark W. Plant

1557: The Competitive Position of U.S. Manufacturing Firms

Robert Lipsey and Irving B. Kravis

1556: Monetary vs. Fiscal Policy Effects: A Review of the Debate

Bennett McCallum

1555: Why Construction Industry Productivity is Declining

Steven Allen

1554: Labor and Investment Demand at the Firm Level: A Comparison of French, German and U.S. Manufacturing, 1970-79

Jacques Mairesse and Brigitte Dormont

1553: Valuing the Government's Tax Claim on Risky Corporate Assets

Saman Majd and Stewart C. Myers

1552: Monopolistic Competition and Deviations from PPP

Joshua Aizenman

1551: The Welfare Effects of a Capital Income Tax in an Open Economy

David G. Hartman

1550: On the Optimal Taxation of Capital Income in the Open Economy

David G. Hartman

1549: Dynamic Behavior of Capital Accumulation in a Cash-in-Advance Model

Andrew Abel

1548: Pricing Adjustable Rate Mortgages

Patric H. Hendershott

1547: Productivity, R&d, and Basic Research at the Firm Level in the 1970s

Zvi Griliches

1546: Trade Restrictions as Facilitating Practices

Kala Krishna

1545: Portfolio Choice and the Debt-to-Income Relationship

Benjamin M. Friedman

1544: Taxable and Tax-Exempt Interest Rates: The Role of Personal and Corporate Tax Rates

Joe Peek and James A. Wilcox

1543: Short-Term Movements of Long-Term Real Interest Rates: Evidence from the U.K. Indexed Bond Market

James A. Wilcox

1542: Efficient Inflation Forecasts: An International Comparison

Alex Kane and Leonard Rosenthal

1541: The U.S. Capital Stock in the Nineteenth Century

Robert E. Gallman

1540: Determinants of Slave and Crew Mortality in the Atlantic Slave Trade

Richard H. Steckel and Richard Jensen

1539: Academic Ability, Earnings, and the Decision to Become a Teacher: Evidence From the National Longitudinal Study of the High School Class of 1972

Charles Manski

1538: Workers' Compensation, Wages, and the Risk of Injury

Ronald Ehrenberg

1537: Protection and the Product Line: Monopoly and Product Quality

Kala Krishna

1536: On the Economic Interpretation and Measurement of Optimal Capacity Utilization with Anticipatory Expectations

Catherine Morrison Paul

1535: Tariffs vs. Quotas with Endogenous Quality

Kala Krishna

1534: Macroeconomic Policies in the OECD and LDC External Adjustmemt

Jeffrey Sachs and Warwick McKibbin

1533: Tax Aversion, Deficits and the Tax Rate-Tax Revenue Relationship

Roger Waud

1532: On the Interest Rate Elasticity of the Demand for International Reserves: Some Evidence from Developing Coutries

Sebastian Edwards

1531: Interest Rate Determination in Developing Countries: A Conceptual Framework

Sebastian Edwards and Mohsin Khan

1530: Asset Returns, Discount Rate Changes and Market Efficiency

Michael Smirlock and Jess B. Yawitz

1529: Discrete Devaluation as a Signal to Price Setters

Louka T. Katseli

1528: Causal Relationships between Infant Mortality and Fertility in Developedand Less Developed Countries

Tadashi Yamada

1527: The International Transmission of Fiscal Expenditures and Budget Deficits in the World Economy

Jacob A. Frenkel and Assaf Razin

1526: Capital Flows, the Current Account, and the Real Exchange Rate: Consequences of Liberalization and Stabilization

Maurice Obstfeld

1525: Pricing Rate Caps on Default-Free Adjustable-Rate Mortgages

Stephen A. Buser, Patric H. Hendershott and Anthony B. Sanders

1524: Tax Reform and Housing

Patric H. Hendershott and David Ling

1523: Have U.S. Corporations Grown Financially Weak?

Robert A. Taggart, Jr.

1522: Valuing Financial Flexibility

Scott P. Mason

1521: Debt and Equity Returns Revisited

Patric H. Hendershott

1520: Implications of Government Deficits for Interest Rates, Equity Returns and Corporate Financing

Benjamin M. Friedman

1519: The Economic Effects of the Corporate Income Tax: Changing Revenues and Changing Views

Alan Auerbach

1518: Anticipated Budget Deficits and the Term Structure of Interest Rates

Daniel Valente Dantas and Rüdiger Dornbusch

1517: Trade and Financial Interdependence Under Flexible Exchange Rates: The Pacific Area

Jorge Braga de Macedo

1516: The Distribution of Prizes in a Match-Play Tournament with Single Eliminations

Sherwin Rosen

1515: The Impact of Assimilation on the Earnings of Immigrants: A Reexamination of the Evidence

George Borjas

1514: Pricing and Location of Physician Services in Mental Health

Richard G. Frank

1513: R & D Activities and the Technology Game: A Dynamic Model of U.S.-JapanCompetition

Ryuzo Sato

1512: Foreign-Owned Land

Jonathan Eaton

1511: Life Cycle Annuity Valuation

B. Douglas Bernheim

1510: The Incentive Effects of Private Pension Plans

Laurence Kotlikoff and David Wise

1509: Bond and Stock Returns in a Simple Exchange Model

John Campbell

1508: A Defense of Traditional Hypotheses About the Term Structure of InterestRates

John Campbell

1507: The Order of Liberalization of the Current and Capital Accounts of the Balance of Payments

Sebastian Edwards