NBER Working Papers

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1757: The Impact of Induced Abortion on Birth Outcomes in the U.S

Ted Joyce

1756: The Return to Tax Simplification: An Econometric Analysis

Joel Slemrod

1755: Exchange Controls, Capital Controls, and International Financial Markets

Alan Stockman and Alejandro Hernandez D.

1754: Workers' Rights: Rethinking Protective Labor Legislation

Ronald Ehrenberg

1753: Taxes and Corporate Investment in Japanese Manufacturing

Fumio Hayashi

1752: Increasing Returns and the Theory of International Trade

Paul Krugman

1751: A Decomposition of the Elasticity of Medicaid Nursing Home Expenditures Into Price, Quality, and Quantity Effects

Paul Gertler

1750: A Latent Variable Model of Quality Determination

Paul Gertler

1749: The Covariation of Risk Premiums and Expected Future Spot Exchange Rates

Robert Hodrick and Sanjay Srivastava

1748: The Effect of the Union Wage Differential on Management Opposition and Union Organizing Success

Richard Freeman

1747: The Covariance Structure of Earnings and Income, Compensatory Behavior and On-the-Job Investments

J. R. Kearl

1746: Macroeconomic Policy Design in an Interdependent World Economy: An Analysis of Three Contingencies

Willem Buiter

1745: The Effectiveness of Equal Employment Law and Affirmative Action Regulation

Jonathan Leonard

1744: Labor Supply Incentives and Disincentives for the Disabled

Jonathan Leonard

1743: Foreign Currency Futures

Robert Hodrick and Sanjay Srivastava

1742: Employment While in College, Academic Achievement and Post-College Outcomes: A Summary of Results

Ronald Ehrenberg and Daniel R. Sherman

1741: Commodity Export Boom and the Real Exchange Rate: The Money-Inflation Link

Sebastian Edwards

1740: The Administration Tax Reform Proposal and Housing

Patric Hendershott and David Ling

1739: Inflation, Exchange Rates and Stabilization

Rüdiger Dornbusch

1738: Nominal Contracting and Price Flexibility in Product Markets

Robert Hubbard and Robert J. Weiner

1737: Life Insurance of the Elderly: Adequacy and Determinants

Alan Auerbach and Laurence Kotlikoff

1736: Social Security and Individual Welfare: Precautionary Saving, LiquidityConstraints, and the Payroll Tax

Robert Hubbard and Kenneth Judd

1735: Productivity Growth in the Automobile Industry, 1970-1980: A Comparisonof Canada, Japan and the United States

Melvyn A. Fuss and Leonard Waverman

1734: Sharing Some Thoughts on Weitzman's The Share Economy

Russell Cooper

1733: Union Work Rules and Efficiency in the Building Trades

Steven Allen

1732: Was it Real? The Exchange Rate-Interest Differential Relation, 1973-1984

Richard Meese and Kenneth Rogoff

1731: The Determinants of IRA Contributions and the Effect of Limit Changes

Steven Venti and David Wise

1730: Intergenerational Risk Sharing

Roger Gordon and Hal Varian

1729: Birth Outcome Production Functions in the U.S

Hope Corman, Ted Joyce and Michael Grossman

1728: Municipal Employment, Municipal Unions, and Demand for Municipal Services

Jeffrey Zax

1727: The Funding Status of Teacher Pensions: An Econometric Approach

Robert P. Inman

1726: The Empirical Foundations of the Arbitrage Pricing Theory II: The Optimal Construction of Basis Portfolios

Bruce N. Lehmann and David M. Modest

1725: The Empirical Foundations of the Arbitrage Pricing Theory I: The Empirical Tests

Bruce N. Lehmann and David M. Modest

1724: The Welfare Analysis of Product Innovations with an Application to CT Scanners

Manuel Trajtenberg

1723: Taxation of Investment and Savings in a World Economy: The Certainty Case

Roger Gordon

1722: Monetary Rules and Commodity Schemes Under Uncertainty

Stanley Fischer

1721: Mutual Fund Performance Evaluation: A Comparison of Benchmarks and Benchmark Comparisons

Bruce N. Lehmann and David M. Modest

1720: Tests for Liquidity Constraints: A Critical Survey

Fumio Hayashi

1719: Defined Benefit versus Defined Contribution Pension Plans: What are the Real Tradeoffs?

Zvi Bodie, Alan Marcus and Robert Merton

1718: The Comparative Advantage of Educated Workers in Implementing New Technology: Some Empirical Evidence

Ann P. Bartel and Frank Lichtenberg

1717: Standard-Rate Wage Setting, Labor Quality, and Unions

Charles Brown

1716: Short-Term and Long-Term Interest Rates in a Monetary Model of a Small Open Economy

Stephen J Turnovsky

1715: Assistance to the Poor in a Federal System

Charles Brown and Wallace Oates

1714: Does Deductibility Influence Local Taxation?

Robert P. Inman

1713: A Problem of Financial Market Equilibrium When the Timing of Tax Payments is Indeterminate

David Bradford

1712: Inflation, Tariffs and Tax Enforcement Costs

Joshua Aizenman

1711: Poverty in America: Is Welfare the Answer or the Problem?

David T. Ellwood and Lawrence Summers

1710: Issues in National Savings Policy

Lawrence Summers

1709: Taxation and the Size and Composition of the Capital Stock: An Asset Price Approach

Lawrence Summers

1708: Tax Reform, Interest Rates and Capital Allocation

Patric Hendershott

1707: Tax Reform and Financial Markets

Patric Hendershott

1706: On the Age at Leaving Home in the Early Nineteenth Century: Evidence from the Lives of New England Manufacturers

David Galenson

1705: Interest Rates, Money Supply Announcements, and Monetary Base Announcements

John Huizinga and Leonardo Leiderman

1704: The Ineffectiveness of Effective Tax Rates on Business Investment

Bob Chirinko

1703: Growth and External Debt Under Risk of Debt Repudiation

Daniel Cohen and Jeffrey Sachs

1702: The Behavior of Interest Rates and Real Exchange Rates During a Liberalization Episode: The Case of Chile 1973-83

Sebastian Edwards

1701: Marriage Patterns in the United States

David Bloom and Neil G. Bennett

1700: On the Nature and Estimation of Age. Period, and Cohort Effects in Demographic Data

David Bloom

1699: Monetary and Fiscal Policy Under Perfect Foresight: A Symmetric Two Country Analysis

Stephen J Turnovsky

1698: An Analysis of the Stabilizing and Welfare Effects of Intervention in Spot and Futures Markets

Robert B. Campbell and Stephen J Turnovsky

1697: Lending with Costly Enforcement of Repayment and Potential Fraud

Jonathan Eaton

1696: Aggregate Supply and Demand Factors in OECD Unemployment: An Update

Michael Bruno

1695: Affordability and the Value of Seller Financing

Donald Haurin and Patric Hendershott

1694: Real Interest and Consumption

Robert Hall

1693: The Impact of the Runaway Office on Union Certification Elections in Clerical Units

Beatrice J. Freiberg and William T. Dickens

1692: Capital Mobility in the World Economy: Theory and Measurement

Maurice Obstfeld

1691: Subsidies, Quality, and Regulation in the Nursing Home Industry

Paul Gertler

1690: Choice Under Uncertainty: A Model of Applications for the Social Security Disability Insurance Program

Janice Halpern and Jerry Hausman

1689: The Pricing of Bonds and Bank Loans in International Markets: An Empirical Analysis of Developing Countries' Foreign Borrowing

Sebastian Edwards

1688: The Economics of Reproduction-Related Health Care

Victor Fuchs and Leslie Perreault

1687: A Reappraisal of Recent Tests of the Permanent Income Hypothesis

Charles Nelson

1686: Is Increased Price Flexibility Stabilizing?

J. Bradford De Long and Lawrence Summers

1685: Productivity Growth in Manufacturing During Early Industrialization: Evidence from the American Northeast, 1820 to 1860

Kenneth Sokoloff

1684: Hidden Stimuli to Capital Formation: Debt and the Incomplete Adjustment of Financial Returns

Bob Chirinko and Stephen R. King

1683: Annuity Prices and Saving Behavior in the United States

Benjamin M. Friedman and Mark Warshawsky

1682: The Cost of Annuities: Implications for Saving Behavior and Bequests

Benjamin M. Friedman and Mark Warshawsky

1681: A Pigovian Rule for the Optimum Provision of Public Goods

Mervyn A. King

1680: Gibson's Paradox and the Gold Standard

Robert Barsky and Lawrence Summers

1679: Horizontal Equity: Measures in Search of a Principle

Louis Kaplow

1678: Monetary Policy Regime Shifts and the Unusual Behavior of Real Interest Rates

John Huizinga and Frederic Mishkin

1677: Unions, Pension Wealth, and Age-Compensation Profiles

Steven Allen and Robert L. Clark

1676: Are Devaluations Contractionary?

Sebastian Edwards

1675: Stopping Hyperinflation: Lessons from the German Inflation Experience of the 1920s

Rüdiger Dornbusch

1674: Dynamic R&D Competition

Gene Grossman and Carl Shapiro

1673: Sovereign Debt as a Contingent Claim: Excusable Default, Repudiation, and Reputation

Herschel Grossman and John van Huyck

1672: Using Survey Data to Test Some Standard Propositions Regarding Exchange Rate Expectations

Jeffrey Frankel and Kenneth Froot

1671: Bargaining Unit, Union, Industry, and Locational Correlates of Union Support in Certification and Decertification

William T. Dickens, Douglas R. Wholey and James Robinson

1670: Testing Dual Labor Market Theory: A Reconsideration of the Evidence

William T. Dickens and Kevin Lang

1669: The Changing Behavior of the Term Structure of Interest Rates

N. Gregory Mankiw and Jeffrey Miron

1668: Prizes and Incentives in Elimination Tournaments

Sherwin Rosen

1667: Regulated Price Discrimination and Quality: The Implications of Medicaid Reimbursement Policy for the Nursing Home Industry

Paul Gertler

1666: A Theory of Dual Labor Markets with Application to Industrial Policy, Discrimination and Keynesian Unemployment

Jeremy I. Bulow and Lawrence Summers

1665: Domestic Violence: A Non-random Affair

Helen V. Tauchen, Ann Dryden Witte and Sharon K. Long

1664: Capital Accumulation and Uncertain Lifetimes with Adverse Selection

Andrew Abel

1663: Monetary Dynamics with Proportional Transaction Costs and Fixed Payment Periods

Sanford Grossman

1662: Dimensions and Determinants of Early Childhood Health and Mortality Among American Slaves

Richard Steckel

1661: The Physical State of the British Working Class, 1870-1914: Evidence from Army Recruits

Roderick Floud, Kenneth W. Wachter and Annabel Gregory

1660: Predation through Regulation: The Wage and Profit Impacts of OSHA and EPA

Ann P. Bartel and Lacy Glenn Thomas

1659: Special Exchange Rates for Capital Account Transactions

Rüdiger Dornbusch

1658: Optimal Dynamic R&D Programs

Gene Grossman and Carl Shapiro