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.

2157: Money: Theoretical Analysis of the Demand for Money

Bennett McCallum and Marvin Goodfriend

2156: The Development of Keynesian Macroeconomics

Bennett McCallum

2155: Dynamic Factor Models of Consumption, Hours, and Income

Joseph Altonji, Ana Paula Martins and Aloysius Siow

2154: Specification of the Joy of Giving: Insights from Altruism

Andrew Abel and Mark Warshawsky

2153: Inflation Stabilization with Incomes Policy Support: A Review of the Experience in Argentina, Brazil and Israel

Rüdiger Dornbusch and Mario Henrique Simonsen

2152: Monopolistic Competition and Labor Market Adjustment in the Open Economy

Joshua Aizenman

2151: The Dollar and Real Interest Rates

John Campbell and Richard Clarida

2150: Optimal Choice of Monetary Policy Instruments in a Macroeconometric Model

Ray Fair

2149: The Life-Cycle Permanent-Income Model and Consumer Durables

Avner Bar-ilan and Alan Blinder

2148: Incentive Effects of Price Rises and Payment-System Changes on Chinese Agricultural Productivity Growth

John McMillan, John Whalley and Zhu Li Jing

2147: Are Cyclical Fluctuations in Productivity Due More to Supply Shocks or Demand Shocks?

Matthew Shapiro

2146: Supply Shocks in Macroeconomics

Matthew Shapiro

2145: Compensation and Firm Performance

Ronald Ehrenberg and George T. Milkovich

2144: Recent Evidence on Budget Deficits and National Savings

James Poterba and Lawrence Summers

2143: Money and the Consumption Goods Market in China

Richard Portes and Anita Santorum

2142: Brazil's Tropical Plan

Eliana Cardoso and Rüdiger Dornbusch

2141: Saving and Investment in an Open Economy with Non-Traded Goods

Charles Engel and Kenneth Kletzer

2140: The Real Effects of Foreign Inflation in the Presence of Currency Substitution

Charles Engel

2139: Divergent Expectations as a Cause of Disagreement in Bargaining: Evidence from a Comparison of Arbitration Schemes."

Henry S. Farber and Max H. Bazerman

2138: Our LDC Debts

Rüdiger Dornbusch

2137: Collective Bargaining and the Division of the Value of the Enterprise

John Abowd

2136: Optimal Monetary Growth

Andrew Abel

2135: Why Do Fixed-Effects Models Perform So Poorly? The Case of Academic Salaries

Daniel Hamermesh

2134: Is Consumption Too Smooth?

John Campbell and Angus Deaton

2133: Monetary Growth, Inflation, and Economic Activity in a Dynamic Macro Model

Stephen J Turnovsky

2132: Should Tax Reform Level the Playing Field?

Lawrence Summers

2131: New Estimates of State and Local Government Tangible Capital and Net Investment

Michael J. Boskin, Marc S. Robinson and Alan M. Huber

2130: Fiscal Deficits, Exchange Rate Crises and Inflation

Sweder van Wijnbergen

2129: Ultimate Sources of Aggregate Variability

Robert Shiller

2128: Tax Policy, Asset Prices, and Growth: A General Equilibrium Analysis

Lawrence H. Goulder and Lawrence Summers

2127: Neoclassical and Sociological Perspectives on Segmented Labor Markets

Kevin Lang and William T. Dickens

2126: The Anatomy of Financial Crises

Barry Eichengreen and Richard Portes

2125: The Response of Interest Rates to the Federal Reserve's Weekly Money Announcements: The "Puzzle" of Anticipated Money

Richard Deaves, Angelo Melino and James Pesando

2124: The Adjustment of Expectations to a Change in Regime: A Study of the Founding of the Federal Reserve

N. Gregory Mankiw, Jeffrey Miron and David Weil

2123: Alternative Modes of Deficit Financing and Endogenous Monetary and Fiscal Policy 1923-1982

Stephen J Turnovsky

2122: How Far Has the Dollar Fallen?

Philippe Bacchetta and Martin Feldstein

2121: Labor Supply Preferences, Hours Constraints, and Hours-Wage Tradeoffs

Joseph Altonji and Christina Paxson

2120: Household Behavior and the Tax Reform Act of 1986

Jerry Hausman and James Poterba

2119: Tax Evasion and Capital Gains Taxation

James Poterba

2118: Why Have Corporate Tax Revenues Declined?

Alan Auerbach and James Poterba

2117: Social Security and the American Family

Michael J. Boskin and Douglas J. Puffert

2116: Testing for Real Effects of Monetary Policy Regime Shifts

Carl Walsh

2115: Market Structure and Cyclical Fluctuations in U.S. Manufacturing

Ian Domowitz, Robert Hubbard and Bruce Petersen

2114: A Note on Optimal Public Enforcement with Settlements and Litigation Costs

A. Mitchell Polinsky and Daniel L. Rubinfeld

2113: A Guide to Target Zones

Jacob A. Frenkel and Morris Goldstein

2112: Sources of Output and Price Variability in a Macroeconometric Model

Ray Fair

2111: The Other Side of the Trade Imbalance: What Will Japan Do?

Ryuzo Sato and John A. Rizzo

2110: Terms of Trade, Exchange Rates and Labor Markets Adjustment in Developing Countries

Sebastian Edwards

2109: Real Business Cycles and the Lucas Paradigm

Richard T. Froyen and Roger Waud

2108: Unions and Job Security in the Public Sector

Steven Allen

2107: Regional Effects of Taxes in Canada: An Applied General Equilibrium Approach

Rich Jones and John Whalley

2106: International Evidence on the Demand for Money

Ray Fair

2105: Interest Rate and Exchange Rate Determination

Ray Fair

2104: Married Women's Retirement Behavior

Silvana Pozzebon and Olivia Mitchell

2103: Tax Reform and Adjustment Costs: The Impact on Investment and Market Value

Alan Auerbach

2102: A Standard Monetary Model and the Variability of the Deutschemark-DollarExchange Rate

Kenneth West

2101: Did Henry Ford Pay Efficiency Wages?

Daniel M.G. Raff and Lawrence Summers

2100: The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors

John Campbell and Robert Shiller

2099: The Record and Improvability of Economic Forecasting

Victor Zarnowitz

2098: Real Estate and the Tax Reform Act of 1986

Patric Hendershott, James R. Follain and David Ling

2097: Assessing Dynamic Efficiency: Theory and Evidence

Andrew Abel, N. Gregory Mankiw, Lawrence Summers and Richard Zeckhauser

2096: Amnesty, Enforcement and Tax Policy

Herman B. Leonard and Richard Zeckhauser

2095: Forecasting the Depression: Harvard Versus Yale

Ray Fair, Matthew Shapiro and Kathryn Dominguez

2094: Tax Policy and Stock Prices

Thomas Downs and Patric Hendershott

2093: Imperfect Information, Credit Markets and Unemployment

Bruce C. Greenwald and Joseph Stiglitz

2092: Firm Size and Foreign Direct Investment

Magnus Blomstrom and Robert Lipsey

2091: New Developments in Corporate Finance and Tax Avoidance: Some Evidence

John B. Shoven

2090: Comparable Worth in a General Equilibrium Model of the U.S. Economy

Perry C. Beider, B. Douglas Bernheim, Victor Fuchs and John B. Shoven

2089: Employee Response to Compulsory Short-Time Work

Victor Fuchs and Joyce Jacobsen

2088: A Constant Recontracting Model of Sovereign Debt

Jeremy I. Bulow and Kenneth Rogoff

2087: Does the Estate Tax Raise Revenue?

B. Douglas Bernheim

2086: Is Everything Neutral?

B. Douglas Bernheim and Kyle Bagwell

2085: Growing in Debt: The 'Farm Crisis' and Public Policy

Charles Calomiris, Robert Hubbard and James Stock

2084: Optimal Monetary Growth with Accomodating Fiscal Policy in a Small Open Economy

Stephen J Turnovsky

2083: The Value of Patents as Indicators of Inventive Activity

Zvi Griliches, Ariel Pakes and Bronwyn Hall

2082: Tobin's Q and Financial Policy

Bob Chirinko

2081: The Export Performance of Swedish and U.S. Multinationals

Magnus Blomstrom and Robert Lipsey

2080: Deficits with Distortionary Taxes: International Dimensions

Jacob A. Frenkel and Assaf Razin

2079: Why did the Bank of Canada Emerge in 1935?

Michael Bordo and Angela Redish

2078: Contractionary Devaluation, and Dynamic Adjustment of Exports and Wages

Felipe Larrain and Jeffrey Sachs

2077: International Finance

Maurice Obstfeld

2076: International Debt Service and Economic Growth: Some Simple Analytics

Martin Feldstein

2075: How Integrated are World Capital Markets? Some New Tests

Maurice Obstfeld

2074: The Global Velocity Curve 1952-1982

Michael Bordo and Lars Jonung

2073: The Bolivian Hyperinflation and Stabilization

Jeffrey Sachs

2072: Increasing Indebtedness and Financial Stability in the United States

Benjamin M. Friedman

2071: Exchange Rate Economics: 1986

Rüdiger Dornbusch

2070: Productivity, Wages, and Prices Inside and Outside of Manufacturing in the U.S., Japan, and Europe

Robert Gordon

2069: Individual Taxpayer Response to Tax Cuts 1982-1984 with Implications forthe Revenue Maximizing Tax Rate

Lawrence B. Lindsey

2068: Laws as Assets: A Possible Solution to the Time Consistency Problem

Laurence Kotlikoff, Torsten Persson and Lars Svensson

2067: A Specification Test for Speculative Bubbles

Kenneth West

2066: Forecasting Recessions Under the Gramm-Rudman-Hollings Law

Victor Zarnowitz and Geoffrey H. Moore

2065: Fiscal Policies and Real Exchange Rates in the World Economy

Jacob A. Frenkel and Assaf Razin

2064: The Economic Consequences of the Franc Poincare

Barry Eichengreen and Charles Wyplosz

2063: Trends and Deviations in Federal, State and Local Finance

Jeffrey Zax

2062: The Effects of Fiscal Policies When Incomes are Uncertain: A Contradiction to Ricardian Equivalence

Martin Feldstein

2061: Debt Problems and Macroeconomic Policies

Lawrence Summers

2060: Optimal Labor Contracts, Imperfect Competition and Underemployment Equilibria: A Framework for Analysis

Russell Cooper

2059: International Macroeconomic Policy Coordination When Policy-Makers Disagree on the Model

Jeffrey Frankel and Katharine Rockett

2058: Structural Change and Patterns of International Trade

Robert Baldwin