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NBER Working Papers

From National Bureau of Economic Research, Inc
National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A..
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1557: The Competitive Position of U.S. Manufacturing Firms Downloads
Robert Lipsey and Irving B. Kravis
1556: Monetary vs. Fiscal Policy Effects: A Review of the Debate Downloads
Bennett McCallum
1555: Why Construction Industry Productivity is Declining Downloads
Steven Allen
1554: Labor and Investment Demand at the Firm Level: A Comparison of French, German and U.S. Manufacturing, 1970-79 Downloads
Jacques Mairesse and Brigitte Dormont
1553: Valuing the Government's Tax Claim on Risky Corporate Assets Downloads
Saman Majd and Stewart C. Myers
1552: Monopolistic Competition and Deviations from PPP Downloads
Joshua Aizenman
1551: The Welfare Effects of a Capital Income Tax in an Open Economy Downloads
David G. Hartman
1550: On the Optimal Taxation of Capital Income in the Open Economy Downloads
David G. Hartman
1549: Dynamic Behavior of Capital Accumulation in a Cash-in-Advance Model Downloads
Andrew Abel
1548: Pricing Adjustable Rate Mortgages Downloads
Patric Hendershott
1547: Productivity, R&d, and Basic Research at the Firm Level in the 1970s Downloads
Zvi Griliches
1546: Trade Restrictions as Facilitating Practices Downloads
Kala Krishna
1545: Portfolio Choice and the Debt-to-Income Relationship Downloads
Benjamin M. Friedman
1544: Taxable and Tax-Exempt Interest Rates: The Role of Personal and Corporate Tax Rates Downloads
Joe Peek and James A. Wilcox
1543: Short-Term Movements of Long-Term Real Interest Rates: Evidence from the U.K. Indexed Bond Market Downloads
James A. Wilcox
1542: Efficient Inflation Forecasts: An International Comparison Downloads
Alex Kane and Leonard Rosenthal
1541: The U.S. Capital Stock in the Nineteenth Century Downloads
Robert E. Gallman
1540: Determinants of Slave and Crew Mortality in the Atlantic Slave Trade Downloads
Richard 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 Downloads
Charles Manski
1538: Workers' Compensation, Wages, and the Risk of Injury Downloads
Ronald Ehrenberg
1537: Protection and the Product Line: Monopoly and Product Quality Downloads
Kala Krishna
1536: On the Economic Interpretation and Measurement of Optimal Capacity Utilization with Anticipatory Expectations Downloads
Catherine Morrison Paul
1535: Tariffs vs. Quotas with Endogenous Quality Downloads
Kala Krishna
1534: Macroeconomic Policies in the OECD and LDC External Adjustmemt Downloads
Jeffrey Sachs and Warwick McKibbin
1533: Tax Aversion, Deficits and the Tax Rate-Tax Revenue Relationship Downloads
Roger Waud
1532: On the Interest Rate Elasticity of the Demand for International Reserves: Some Evidence from Developing Coutries Downloads
Sebastian Edwards
1531: Interest Rate Determination in Developing Countries: A Conceptual Framework Downloads
Sebastian Edwards and Mohsin Khan
1530: Asset Returns, Discount Rate Changes and Market Efficiency Downloads
Michael Smirlock and Jess B. Yawitz
1529: Discrete Devaluation as a Signal to Price Setters Downloads
Louka T. Katseli
1528: Causal Relationships between Infant Mortality and Fertility in Developedand Less Developed Countries Downloads
Tadashi Yamada
1527: The International Transmission of Fiscal Expenditures and Budget Deficits in the World Economy Downloads
Jacob A. Frenkel and Assaf Razin
1526: Capital Flows, the Current Account, and the Real Exchange Rate: Consequences of Liberalization and Stabilization Downloads
Maurice Obstfeld
1525: Pricing Rate Caps on Default-Free Adjustable-Rate Mortgages Downloads
Stephen A. Buser, Patric Hendershott and Anthony Sanders
1524: Tax Reform and Housing Downloads
Patric Hendershott and David Ling
1523: Have U.S. Corporations Grown Financially Weak? Downloads
Robert A. Taggart, Jr.
1522: Valuing Financial Flexibility Downloads
Scott P. Mason
1521: Debt and Equity Returns Revisited Downloads
Patric Hendershott
1520: Implications of Government Deficits for Interest Rates, Equity Returns and Corporate Financing Downloads
Benjamin M. Friedman
1519: The Economic Effects of the Corporate Income Tax: Changing Revenues and Changing Views Downloads
Alan Auerbach
1518: Anticipated Budget Deficits and the Term Structure of Interest Rates Downloads
Daniel Valente Dantas and Rüdiger Dornbusch
1517: Trade and Financial Interdependence Under Flexible Exchange Rates: The Pacific Area Downloads
Jorge Braga de Macedo
1516: The Distribution of Prizes in a Match-Play Tournament with Single Eliminations Downloads
Sherwin Rosen
1515: The Impact of Assimilation on the Earnings of Immigrants: A Reexamination of the Evidence Downloads
George Borjas
1514: Pricing and Location of Physician Services in Mental Health Downloads
Richard G. Frank
1513: R & D Activities and the Technology Game: A Dynamic Model of U.S.-JapanCompetition Downloads
Ryuzo Sato
1512: Foreign-Owned Land Downloads
Jonathan Eaton
1511: Life Cycle Annuity Valuation Downloads
B. Douglas Bernheim
1510: The Incentive Effects of Private Pension Plans Downloads
Laurence Kotlikoff and David Wise
1509: Bond and Stock Returns in a Simple Exchange Model Downloads
John Campbell
1508: A Defense of Traditional Hypotheses About the Term Structure of InterestRates Downloads
John Campbell
1507: The Order of Liberalization of the Current and Capital Accounts of the Balance of Payments Downloads
Sebastian Edwards
1506: International Coordination in the Design of Macroeconomic Policy Rules Downloads
John Taylor
1505: Seigniorage, Inflation, and Reputation Downloads
Herschel Grossman and John van Huyck
1504: The Resolution of the Labor Scarcity Paradox Downloads
John James and Jonathan Skinner
1503: Recent Work on Business Cycles in Historical Perspective: Review of Theories and Evidence Downloads
Victor Zarnowitz
1502: The Analysis of Union Behavior Downloads
Henry S. Farber
1501: His and Hers: Gender Differences in Work and Income, 1959-1979 Downloads
Victor Fuchs
1500: Macroeconomic Analysis and Microeconomic Analyses of Labor Supply Downloads
Orley Ashenfelter
1499: Rent-Seeking and Trade Policy: An Industry Approach Downloads
Robert Baldwin
1498: Exchange Rates and Economic Recovery in the 1930s Downloads
Barry Eichengreen and Jeffrey Sachs
1497: Real Balances, the Exchange Rate and Indexation: Real Variables in Disinflation Downloads
Stanley Fischer
1496: Planned and Unplanned Bequests Downloads
Daniel Hamermesh and Paul Menchik
1495: The Costs of Worker Displacement Downloads
Daniel Hamermesh
1494: Imports as a Cause of Injury: The Case of the U.S. Steel Industry Downloads
Gene Grossman
1493: Use of (Time-Domain) Vector Autoregressions to Test Uncovered Interest Parity Downloads
Takatoshi Ito
1492: Looking for the News in the Noise - Additional Stochastic Implications of Optimal Consumption Choice Downloads
Laurence Kotlikoff and Ariel Pakes
1491: Improvements in Macroeconomic Stability: The Role of Wages and Prices Downloads
John Taylor
1490: Credibility and Monetary Policy Downloads
Bennett McCallum
1489: Using the Longitudinal Structure of Earnings to Estimate the Effect of Training Programs Downloads
Orley Ashenfelter and David Card
1488: The General Basis of Arbitrator Behavior: An Empirical Analysis of Conventional and Final-Offer Arbitration Downloads
Henry S. Farber and Max H. Bazerman
1487: The Value of Intermediate Targets in Implementing Monetary Policy Downloads
Benjamin M. Friedman
1486: Rational and Self-Fulfilling Balance-of-Payments Crises Downloads
Maurice Obstfeld
1485: The Incidence of the Local Property Tax: A Re-evaluation Downloads
Peter Mieszkowski and George Zodrow
1484: A Stochastic Model of Investment, Marginal q and the Market Value of theFirm Downloads
Andrew Abel
1483: The Inflationary Process in Israel: Shocks and Accommodation Downloads
Michael Bruno and Stanley Fischer
1482: Money, Credit and Interest Rates in the Business Cycle Downloads
Benjamin M. Friedman
1481: The New View of the Property Tax: A Reformulation Downloads
Peter Mieszkowski and George Zodrow
1480: Money Growth Variability and Money Supply Interdependence Under InterestRate Control: Some Evidence For Canada Downloads
Michael Bordo, Ehsan Choudhri and Anna Schwartz
1479: A Dynamic Specific-Factors Model of International Trade Downloads
Jonathan Eaton
1478: Change and Progress in Contemporary Mortgage Markets Downloads
Edward Kane
1477: Pension Inequality Downloads
Edward Lazear and Sherwin Rosen
1476: Brothers and Sisters in the Family and the Labor Market Downloads
John Bound, Zvi Griliches and Bronwyn Hall
1475: Testing Deviations From Purchasing Power Parity (PPP) Downloads
Joshua Aizenman
1474: Part-time Employment of Married Women and Fertility in Urban Japan Downloads
Tadashi Yamada and Tetsuji Yamada
1473: Rules versus Discretion Downloads
Robert Barro
1472: Pay Differences Between Women's and Men's Jobs: The Empirical Foundations of Comparable Worth Legislation Downloads
George Johnson and Gary Solon
1471: Comparable Worth in the Public Sector Downloads
Ronald Ehrenberg and Robert S. Smith
1470: Developing Country Debt and the Market Value of Large Commercial Banks Downloads
Steven C. Kyle and Jeffrey Sachs
1469: Expected Future Tax Policy and Tax-Exempt Bond Yields Downloads
James Poterba
1468: Wealth and Portfolio Composition: Theory and Evidence Downloads
Mervyn A. King and Jonathan I. Leape
1467: How Long is a Spell of Unemployment?: Illusions and Biases in the Use of CPS Data Downloads
Nicholas Kiefer, Shelly Lundberg and George R. Neumann
1466: Argentina Since Martinez De Hoz Downloads
Rüdiger Dornbusch
1465: International Comparison of the Sources of Productivity Slowdown 1973 1982 Downloads
John Helliwell, Peter Sturm and Gerard Salou
1464: Export Subsidies and International Market Share Rivalry Downloads
James Brander and Barbara Spencer
1463: Host-Country Regulation and Other Determinants of Overseas Operations ofU.S. Motor Vehicle and Parts Companies Downloads
Ksenia Kulchycky and Robert Lipsey
1462: The Persistence of Volatility and Stock Market Fluctuations Downloads
James Poterba and Lawrence Summers
1461: A General Equilibrium Model of Taxation That Uses Micro-Unit Data: Withan Application to the Impact of Instituting a Flat-Rate Income Tax Downloads
Joel Slemrod
1460: An Examination of Aggregate Price Uncertainty in Four Countries and SomeImplications for Real Output Downloads
Richard T. Froyen and Roger Waud
1459: An Analysis of the Health and Retirement Status of the Elderly Downloads
Robin Sickles and Paul J. Taubman
1458: The Adjustment Process and the Timing of Trade Liberalization Downloads
Michael Mussa
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