NBER Working Papers
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- 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 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 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 Hendershott and Anthony Sanders
- 1524: Tax Reform and Housing

- Patric 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 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
- 1506: International Coordination in the Design of Macroeconomic Policy Rules

- John Taylor
- 1505: Seigniorage, Inflation, and Reputation

- Herschel Grossman and John van Huyck
- 1504: The Resolution of the Labor Scarcity Paradox

- John James and Jonathan Skinner
- 1503: Recent Work on Business Cycles in Historical Perspective: Review of Theories and Evidence

- Victor Zarnowitz
- 1502: The Analysis of Union Behavior

- Henry S. Farber
- 1501: His and Hers: Gender Differences in Work and Income, 1959-1979

- Victor Fuchs
- 1500: Macroeconomic Analysis and Microeconomic Analyses of Labor Supply

- Orley Ashenfelter
- 1499: Rent-Seeking and Trade Policy: An Industry Approach

- Robert Baldwin
- 1498: Exchange Rates and Economic Recovery in the 1930s

- Barry Eichengreen and Jeffrey Sachs
- 1497: Real Balances, the Exchange Rate and Indexation: Real Variables in Disinflation

- Stanley Fischer
- 1496: Planned and Unplanned Bequests

- Daniel Hamermesh and Paul Menchik
- 1495: The Costs of Worker Displacement

- Daniel Hamermesh
- 1494: Imports as a Cause of Injury: The Case of the U.S. Steel Industry

- Gene Grossman
- 1493: Use of (Time-Domain) Vector Autoregressions to Test Uncovered Interest Parity

- Takatoshi Ito
- 1492: Looking for the News in the Noise - Additional Stochastic Implications of Optimal Consumption Choice

- Laurence Kotlikoff and Ariel Pakes
- 1491: Improvements in Macroeconomic Stability: The Role of Wages and Prices

- John Taylor
- 1490: Credibility and Monetary Policy

- Bennett McCallum
- 1489: Using the Longitudinal Structure of Earnings to Estimate the Effect of Training Programs

- Orley Ashenfelter and David Card
- 1488: The General Basis of Arbitrator Behavior: An Empirical Analysis of Conventional and Final-Offer Arbitration

- Henry S. Farber and Max H. Bazerman
- 1487: The Value of Intermediate Targets in Implementing Monetary Policy

- Benjamin M. Friedman
- 1486: Rational and Self-Fulfilling Balance-of-Payments Crises

- Maurice Obstfeld
- 1485: The Incidence of the Local Property Tax: A Re-evaluation

- Peter Mieszkowski and George Zodrow
- 1484: A Stochastic Model of Investment, Marginal q and the Market Value of theFirm

- Andrew Abel
- 1483: The Inflationary Process in Israel: Shocks and Accommodation

- Michael Bruno and Stanley Fischer
- 1482: Money, Credit and Interest Rates in the Business Cycle

- Benjamin M. Friedman
- 1481: The New View of the Property Tax: A Reformulation

- Peter Mieszkowski and George Zodrow
- 1480: Money Growth Variability and Money Supply Interdependence Under InterestRate Control: Some Evidence For Canada

- Michael Bordo, Ehsan Choudhri and Anna Schwartz
- 1479: A Dynamic Specific-Factors Model of International Trade

- Jonathan Eaton
- 1478: Change and Progress in Contemporary Mortgage Markets

- Edward Kane
- 1477: Pension Inequality

- Edward Lazear and Sherwin Rosen
- 1476: Brothers and Sisters in the Family and the Labor Market

- John Bound, Zvi Griliches and Bronwyn Hall
- 1475: Testing Deviations From Purchasing Power Parity (PPP)

- Joshua Aizenman
- 1474: Part-time Employment of Married Women and Fertility in Urban Japan

- Tadashi Yamada and Tetsuji Yamada
- 1473: Rules versus Discretion

- Robert Barro
- 1472: Pay Differences Between Women's and Men's Jobs: The Empirical Foundations of Comparable Worth Legislation

- George Johnson and Gary Solon
- 1471: Comparable Worth in the Public Sector

- Ronald Ehrenberg and Robert S. Smith
- 1470: Developing Country Debt and the Market Value of Large Commercial Banks

- Steven C. Kyle and Jeffrey Sachs
- 1469: Expected Future Tax Policy and Tax-Exempt Bond Yields

- James Poterba
- 1468: Wealth and Portfolio Composition: Theory and Evidence

- Mervyn A. King and Jonathan I. Leape
- 1467: How Long is a Spell of Unemployment?: Illusions and Biases in the Use of CPS Data

- Nicholas Kiefer, Shelly Lundberg and George R. Neumann
- 1466: Argentina Since Martinez De Hoz

- Rüdiger Dornbusch
- 1465: International Comparison of the Sources of Productivity Slowdown 1973 1982

- John Helliwell, Peter Sturm and Gerard Salou
- 1464: Export Subsidies and International Market Share Rivalry

- James Brander and Barbara Spencer
- 1463: Host-Country Regulation and Other Determinants of Overseas Operations ofU.S. Motor Vehicle and Parts Companies

- Ksenia Kulchycky and Robert Lipsey
- 1462: The Persistence of Volatility and Stock Market Fluctuations

- 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

- Joel Slemrod
- 1460: An Examination of Aggregate Price Uncertainty in Four Countries and SomeImplications for Real Output

- Richard T. Froyen and Roger Waud
- 1459: An Analysis of the Health and Retirement Status of the Elderly

- Robin Sickles and Paul J. Taubman
- 1458: The Adjustment Process and the Timing of Trade Liberalization

- Michael Mussa