NBER Working Papers

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1922: Real Exchange Rates and Productivity Growth in the United States and Japan

Richard C. Marston

1921: Risk Aversion and Determinants of Stock Market Behavior

Robert Pindyck

1920: An Analysis of Public and Private Sector Wages Allowing for Endogenous Choices of Both Government and Union Status

Joseph Gyourko and Joseph Tracy

1919: On the Political Economy of Land Value Capitalization and Local Public Sector Rent-Seeking in a Tiebout Model

Joseph Gyourko and Joseph Tracy

1918: Multicountry, Multifactor Tests of the Factor Abundance Theory

Harry Bowen, Edward Leamer and Leo Sveikauskas

1917: Incentive Contracts

Edward Lazear

1916: Are Output Fluctuations Transitory?

John Campbell and N. Gregory Mankiw

1915: Foreign Counterfeiting of Status Goods

Gene Grossman and Carl Shapiro

1914: Beer Taxes, the Legal Drinking Age, and Youth Motor Vehicle Fatalities

Henry Saffer and Michael Grossman

1913: More on the Speed of Adjustment in Inventory Models

Alan Blinder

1912: The Assessment of National Price Levels

Irving B. Kravis and Robert Lipsey

1911: Tax Changes and Capital Allocation in the 1980s

Patric Hendershott

1910: Life-Cycle Models of Consumption: Is the Evidence Consistent with the Theory?

Angus Deaton

1909: Tax Reform and the Slope of the Playing Field

Patric Hendershott

1908: Residual Risk Revisited

Bruce N. Lehmann

1907: Wage Changes in Job Changes

Jacob Mincer

1906: Efficiency Wage Theories: A Partial Evaluation

Lawrence Katz

1905: A Disaggregate Equilibrium Model of the Tax Distortions Among Assets, Sectors, and Industries

Don Fullerton and Yolanda K. Henderson

1904: The Impact of Fundamental Tax Reform on the Allocation of Resources

Don Fullerton and Yolanda K. Henderson

1903: A "Gold Standard" Isn't Viable Unless Supported by Sufficiently FlexibleMonetary and Fiscal Policy

Willem Buiter

1902: The Limited Viability of Dual Exchange-Rate Regimes

Jacob A. Frenkel and Assaf Razin

1901: The Efficiency of the Supply of Public Education

Ted Bergstrom, Judith Roberts, Daniel L. Rubinfeld and Perry Shapiro

1900: Capital Utilization and Capital Accumulation: Theory and Evidence

Matthew Shapiro

1899: The Dynamic Demand for Capital and Labor

Matthew Shapiro

1898: The Budget Deficit and the Dollar

Martin Feldstein

1897: Asset Prices in a Time Series Model with Disparately Informed, Competative Traders

Kenneth Singleton

1896: Notes on the Tax Treatment of Structures

Roger Gordon, James Hines and Lawrence Summers

1895: Job Characteristics and Hours of Work

Joseph Altonji and Christina Paxson

1894: The Pure Theory of Country Risk

Jonathan Eaton, Mark Gersovitz and Joseph Stiglitz

1893: Capital Gains: Rates Realizations and Revenues

Lawrence B. Lindsey

1892: The Optimal Inflation Rate in an Overlapping-Generations Economy with Land

Bennett McCallum

1891: Social Security: A Financial Appraisal Across and Within Generations

Michael J. Boskin, Laurence Kotlikoff, Douglas J. Puffert and John B. Shoven

1890: Inside Money and Monetary Neutrality

Peter Hartley and Carl Walsh

1889: The Illusion of Stabilization Policy?

Steven L. Green and Herschel Grossman

1888: The Earnings Gap Between Male and Female Workers: An Historical Perspective

Claudia Goldin

1887: Compensating Wage Differentials and the Duration of Wage Loss

Daniel Hamermesh and John R. Wolfe

1886: Anticipated Tax Changes and the Timing of Investment

Alan Auerbach and James Hines

1885: Cointegration and Tests of Present Value Models

John Campbell and Robert Shiller

1884: Crime and Punishment Again: The Economic Approach with a Psychological Twist

William T. Dickens

1883: Labor Market Segmentation and the Union Wage Premium

William T. Dickens and Kevin Lang

1882: Structural Changes in Unionization: 1973-1981

William T. Dickens and Jonathan Leonard

1881: Targeting Rules for Monetary Policy

Joshua Aizenman and Jacob A. Frenkel

1880: Country Risk, Asymmetric Information and Domestic Policies

Joshua Aizenman

1879: IRAs and Saving

Steven Venti and David Wise

1878: Bonuses and Employment in Japan

Richard Freeman and Martin Weitzman

1877: Models of Firm Behavior Under Minimum Wage Legislation

David Bloom and Gilles Grenier

1876: Counterfeit-Product Trade

Gene Grossman and Carl Shapiro

1875: The Theory and Measurement of Macroeconomic Disequilibrium in Centrally Planned Economies

Richard Portes

1874: The October 1979 Change in the Monetary Regime: Its Impact on the "Forecastability" of Interest Rates

James Pesando and Andre Plourde

1873: Aggregate Savings in the Presence of Private and Social Insurance

Andrew Abel

1872: Optimal Tariffs in Consistent Conjectural Variations Equilibrium

Stephen J Turnovsky

1871: How Burdensome are Capital Gains Taxes?

James Poterba

1870: An Empirical Test of an Asymmetric Information Model of Strikes

Joseph Tracy

1869: Tariffs, Saving and the Current Account

Charles Engel and Kenneth Kletzer

1868: The General Theory of Tax Avoidance

Joseph Stiglitz

1867: Asset Price Volatility, Bubbles, and Process Switching

Robert Flood and Robert Hodrick

1866: Internal Non-Price Competition, Pricing, and Incentive Systems in the Cooperative Service Firm: The Case of US Medical Group Practice

Martin Gaynor

1865: International Borrowing to Finance Investment

Charles Engel and Kenneth Kletzer

1864: Tax Incidence

Laurence Kotlikoff and Lawrence Summers

1863: Tax Loss Carryforwards and Corporate Tax Incentives

Alan Auerbach and James Poterba

1862: New Results on the Effects of Tax Policy on the International Location of Investment

Michael J. Boskin and William Gale

1861: Employed and Unemployed Job Search: A Comparison of Choices and Outcomes among Youth

Harry Holzer

1860: Informal Job Search and Black Youth Unemployment

Harry Holzer

1859: Search Method Use by Unemployed Youth

Harry Holzer

1858: U.S. Monetary Policy Regimes and U.S.-Japan Financial Relations

V. Vance Roley

1857: The Effects of Tax Rules on Nonresidential Fixed Investment: Some Preliminary Evidence from the 1980s

Martin Feldstein and Joosung Jun

1856: Wages, Employment and the Threat of Collective Action by Workers

William T. Dickens

1855: Taxes and the Merger Decision: An Empirical Analysis

Alan Auerbach and David Reishus

1854: The Dollar as Speculative Bubble: A Tale of Fundamentalists and Chartists

Jeffrey Frankel and Kenneth Froot

1853: News from the U. S. and Japan: Which Moves the Yen/Dollar Exchange Rate?

Takatoshi Ito and V. Vance Roley

1852: Effects of Alcoholic Beverage Prices and Legal Drinking Ages on Youth Alcohol Use

Douglas Coate and Michael Grossman

1851: Survey Evidence on Diffusion of Investment Among Institutional Investors

Robert Shiller and John Pound

1850: Comparison and Analysis of Productivity Growth and R&D Investment in theElectrical Machinery Industries of the United States and Japan

M. Ishaq Nadiri and Ingmar Prucha

1849: The Extent and Sources of Cost and Efficiency Differences Between U.S. and Japanese Automobile Producers

Melvyn A. Fuss and Leonard Waverman

1848: Productivity Growth and Changes in the Terms of Trade in Japan and the U.S

Catherine Morrison Paul and Walter Diewert

1847: The Impact of Deregulation on the Employment and Wages of Airline Mechanics

David Card

1846: Detrebling versus Decoupling Antitrust Damages: Lessons from the Theory of Enforcement

A. Mitchell Polinsky

1845: Seasonal Fluctuations and the Life Cycle-Permanent Income Model of Consumption

Jeffrey Miron

1844: Borrowing to Defend the Exchange Rate and the Timing and Magnitude of Speculative Attacks

Willem Buiter

1843: Content Protection and Oligopolistic Interactions

Kala Krishna and Motoshige Itoh

1842: Alternative Explanations of the Money-Income Correlation

Ben Bernanke

1841: Empirical Models of Arbitrator Behavior Under Conventional Arbitration

David Bloom

1840: Why Have Unemployment Rates in Canada and the U.S. Diverged?

Orley Ashenfelter and David Card

1839: Plant Closings, Labor Demand and the Value of the Firm

Daniel Hamermesh

1838: Elections and Macroeconomic Policy Cycles

Kenneth Rogoff and Anne Sibert

1837: Population Growth, Labor Supply, and Employment in Developing Countries

David Bloom and Richard Freeman

1836: Macroeconomic Responses by Developing Countries to Changes in External Economic Conditions

Willem Buiter

1835: Targeting Nominal Income: A Note

Kenneth West

1834: The Welfare Implications of Costly Litigation in the Theory of Liability

A. Mitchell Polinsky and Daniel L. Rubinfeld

1833: Dividend Innovations and Stock Price Volatility

Kenneth West

1832: On the Covariance Structure of Earnings and Hours Changes

John Abowd and David Card

1831: Intertemporal Labor Supply and Long Term Employment Contracts

John Abowd and David Card

1830: High Unemployment in Europe: Diagnosis and Policy Implications

Jeffrey Sachs

1829: The "Youth Problem": Age or Generational Crowding?

David Bloom and Richard Freeman

1828: The Term Structure of Interest Rates: Evidence and Theory

Angelo Melino

1827: The Contribution of Intergenerational Transfers to Total Wealth: A Reply

Laurence Kotlikoff and Lawrence Summers

1826: Savings and Bequests

Michael Hurd

1825: Layoffs, Recall and the Duration of Unemployment

Lawrence Katz

1824: Monetary Policies in Interdependent Economies with Stochastic Disturbances: A Strategic Approach

Stephen J Turnovsky and Vasco d'Orey

1823: The New Protectionism: A Response to Shifts in National Economic Power

Robert Baldwin