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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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1457: The Economics of Content Protection Downloads
Michael Mussa
1456: The Capital Inflows Problem Revisited: A Stylized Model of Southern Cone Disinflation Downloads
Maurice Obstfeld
1455: Estimating the Covariates of Historical Heights Downloads
James Trussell and Kenneth W. Wachter
1454: Patents and R&D: Is There A Lag? Downloads
Bronwyn Hall, Zvi Griliches and Jerry Hausman
1453: The Causes of Inflation Downloads
Frederic Mishkin
1452: Unionism Comes to the Public Sector Downloads
Richard Freeman
1451: Financial Intermediation in the United States Downloads
Benjamin M. Friedman
1450: The Changing Cyclical Variability of Economic Activity in the United States Downloads
J. Bradford De Long and Lawrence Summers
1449: Relative Factor Price Changes and Equity Prices Downloads
Peter J. Elmer and Patric Hendershott
1448: Estimating the Long-Run Relationship Between Interest Rates and Inflation: A Response to McCallum Downloads
Lawrence Summers
1447: New Estimates of the Value of Federal Mineral Rights and Land Downloads
Michael J. Boskin, Marc S. Robinson, Terrance O'Reilly and Praveen Kumar
1446: Retail Pricing and Clearance Sales Downloads
Edward Lazear
1445: The Use of Expected Future Variables in Macroeconometric Models Downloads
Ray Fair
1444: Are Business Cycles Symmetric? Downloads
J. Bradford De Long and Lawrence Summers
1443: Are Tax Cuts Really Expansionary? Downloads
N. Gregory Mankiw and Lawrence Summers
1442: Theories of Wage Rigidity Downloads
Joseph Stiglitz
1441: Taxes and Ownership Structure: Corporations, Partnerships and Royalty Trusts Downloads
E. Philip Jones and Robert A. Taggart, Jr.
1440: International Policy Coordination in Historical Perspective: A View from the Interwar Years Downloads
Barry Eichengreen
1439: Debt Policy and the Rate of Return Premium to Leverage Downloads
Alex Kane, Alan Marcus and Robert L. McDonald
1438: Inter-Country Comparisons of Labor Force Trends and of Related Developments: An Overview Downloads
Jacob Mincer
1437: Speculative Attack and the External Constraint in a Maximizing Model of the Balance of Payments Downloads
Maurice Obstfeld
1436: Adjusting the Gross Changes Data: Implications for Labor Market Dynamics Downloads
James Poterba and Lawrence Summers
1435: On the Theory of Optimal Taxation in a Growing Economy Downloads
Martin Feldstein
1434: Can an Increased Budget Deficit Be Contractionary? Downloads
Martin Feldstein
1433: Debt and Taxes in the Theory of Public Finance Downloads
Martin Feldstein
1432: Market Demand, Technological Opportunity and Research Spillovers on R&D Intensity and Productivity Growth Downloads
Adam Jaffe
1431: Tied Wage-Hours Offers and the Endogeneity of Wages Downloads
Shelly Lundberg
1430: 'Precautionary' Saving Revisited: Social Security, Individual Welfare, and the Capital Stock Downloads
Robert Hubbard
1429: Fiscal policy in open, interdependent economies Downloads
Willem Buiter
1428: Securities Activities of U.S. Commercial Bank Affiliates: Lessons from the International Financial Markets Downloads
Richard M. Levich
1427: Borrowing Abroad: The Debtor's Perspective Downloads
Richard N. Cooper and Jeffrey Sachs
1426: Fixed Investment in the American Business Cycle, 1919-83 Downloads
Robert Gordon and John M. Veitch
1425: Unobservable Family and Individual Contributions to the Distributions ofIncome and Wealth Downloads
J. R. Kearl and Clayne L. Pope
1424: Monetary Policy Under Dual Exchange Rates Downloads
Robert Cumby
1423: The International Linkage of Real Interest Rates: The European - U.S. Connection Downloads
Robert Cumby and Frederic Mishkin
1422: The Open Economy: Implications for Monetary and Fiscal Policy Downloads
Rüdiger Dornbusch and Stanley Fischer
1421: The Short-Run Demand for Money: A Reconsideration Downloads
Robert Gordon
1420: Testing the Sorting Model of Education Downloads
Andrew Weiss
1419: Raids and Offermatching Downloads
Edward Lazear
1418: Wages and Working Conditions Downloads
Henry Saffer
1417: International Policy Coordination in Dynamic Macroeconomic Models Downloads
Gilles Oudiz and Jeffrey Sachs
1416: Notches Downloads
Alan Blinder and Harvey Rosen
1415: Modeling the Term Structure of Interest Rates Under Nonseparable Utilityand Duriability of Goods Downloads
Kenneth B. Dunn and Kenneth Singleton
1414: Empirical Tests of Alternative Models of International Growth Downloads
Laurence Kotlikoff and Edward Leamer
1413: Asset Markets, Tariffs, and Political Risk Downloads
Alan Stockman and Harris Dellas
1412: A Supergame-Theoretic Model of Business Cycles and Price Wars During Booms Downloads
Julio Rotemberg and Garth Saloner
1411: On the Rationality of Black Youth Unemployment Downloads
Harry Holzer
1410: Cyclical Unemployment: Sectoral Shifts or Aggregate Disturbances? Downloads
Katharine Abraham and Lawrence Katz
1409: Dissaving After Retirement: Testing the Pure Life Cycle Hypothesis Downloads
B. Douglas Bernheim
1408: The Pricing of Default-Free Mortgages Downloads
Stephen A. Buser and Patric Hendershott
1407: Domestic and Foreign Disturbances in an Optimizing Model of Exchange- Rate Determination Downloads
Stephen J Turnovsky
1406: Exchange Rate Determination with Systematic and Unsystematic Policy Regime Changes: Evidence From the Yen/Dollar Rate Downloads
John Makin and Raymond Sauer
1405: The Impact of OSHA and EPA Regulation on Productivity Downloads
Wayne Gray
1404: An Empirical Evaluation of the Disequilibrium Real Wage Rate Hypothesis Downloads
Jacques R. Artus
1403: The Impact of Annuity Insurance on Savings and Inequality Downloads
Laurence Kotlikoff, John B. Shoven and Avia Spivak
1402: Nutrition and the Decline in Mortality Since 1700: Some Preliminary Findings Downloads
Robert Fogel
1401: The Compliance Cost of the U.S. Individual Income Tax System Downloads
Joel Slemrod and Nikki Sorum
1400: Ricardian Consumers With Keynesian Propensities Downloads
Robert Barsky, N. Gregory Mankiw and Stephen Zeldes
1399: Risk and Return: Consumption versus Market Beta Downloads
N. Gregory Mankiw and Matthew Shapiro
1398: Economically Sensible Solutions for Linear Rational Expectations Models with Forward and Backward Looking Dynamic Processes Downloads
Michael Mussa
1397: Incentive for the Homogenization of Time Use Downloads
Daniel Hamermesh
1396: Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have Downloads
Stewart C. Myers and Nicholas S. Majluf
1395: Major Changes in Cyclical Behavior Downloads
Victor Zarnowitz and Geoffrey H. Moore
1394: The Development and Role of the National Bureau's Business Cycle Chronologies Downloads
Geoffrey H. Moore and Victor Zarnowitz
1393: Capital Structure Puzzle Downloads
Stewart C. Myers
1392: Are Business Cycles All Alike? Downloads
Olivier Blanchard and Mark Watson
1391: The Role of Consumption in Economic Fluctuations Downloads
Robert Hall
1390: Household Formations Downloads
Patric Hendershott and Marc Smith
1389: Debt, Deficits and Finite Horizons Downloads
Olivier Blanchard
1388: An Empirical Model of Wage Indexation Provisions in Union Contracts Downloads
David Card
1387: Determinants of Neonatal Mortality Rates in the U.S.: A Reduced Form Model Downloads
Hope Corman and Michael Grossman
1386: Was the Transition from the Artisanal Shop to the Non-Mechanized Fctry Assoc. w/Gains in Effcny?: Evdnc. from the U.S. Mnfctr. Censuses of 1820 & 1850 Downloads
Kenneth Sokoloff
1385: Investment in Fixed and Working Capital During Early Industrialization: Evidence From U.S. Manufacturing Firms Downloads
Kenneth Sokoloff
1384: The Heights of Americans in Three Centuries: Some Economic and Demographic Implications Downloads
Kenneth Sokoloff
1383: Household Saving: An Econometric Investigation Downloads
Patric Hendershott and Joe Peek
1382: Pricing FHA Mortgage Default Insurance Downloads
Donald F. Cunningham and Patric Hendershott
1381: Counterfactuals, Forecasts, and Choice-Theoretic Modelling of Policy Downloads
Herschel Grossman
1380: Money, The Rate of Devaluation and Interest Rates in a Semi-Open Economy: Colombia 1968-1982 Downloads
Sebastian Edwards
1379: The Reaction of Reduced-Form Coefficients to Regime Changes: The Case of Interest Rates Downloads
Joe Peek and James A. Wilcox
1378: Business Cycles Analysis and Expectational Survey Data Downloads
Victor Zarnowitz
1377: Estimated Trade-Offs Between Unemployment and Inflation Downloads
Ray Fair
1376: The Cyclical Behavior of Industrial Labor Markets: A Comparison of the Pre-War and Post-War Eras Downloads
Ben Bernanke and James Powell
1375: Optimal Taxation by the Monetary Authority Downloads
Carl Walsh
1374: Excess Reserves in the Great Depression Downloads
James A. Wilcox
1373: Stabilization Policies and the Information Content of Real Wages Downloads
Joshua Aizenman
1372: Bequests and Social Security With Uncertain Lifetimes Downloads
Andrew Abel
1371: Inventory Fluctuations in the United States Since 1929 Downloads
Alan Blinder and Douglas Holtz-Eakin
1370: Pension Plan Integration as Insurance Against Social Security Risk Downloads
Robert Merton, Zvi Bodie and Alan Marcus
1369: An Examination of Multijurisdictional Corporate Income Taxes Under Formula Apportionment Downloads
Roger Gordon and John Wilson
1368: Ruling Out Productivity? Labor Contract Pages and Plant Performance Downloads
Casey Ichniowski
1367: Industrial Relations and Economic Performance Grievances and Productivity Downloads
Casey Ichniowski
1366: Fuzzy Frontiers of Production: Evidence of Persistent Inefficiency in Safety Expenditures Downloads
Casey Ichniowski
1365: Micro-Production Functions Aren't Pretty: Firm-Level and Industry-Level Specification For Inputs and Outputs Downloads
Casey Ichniowski
1364: Post-Retirement Adjustments of Pension Benefits Downloads
Steven Allen, Robert L. Clark and Daniel Sumner
1363: Uncertain Lifetimes, Pensions, and Individual Saving Downloads
Robert Hubbard
1362: Estimation of a Simultaneous Model of Married Women's Labor Force Participation and Fertility in Urban Japan Downloads
Tadashi Yamada and Tetsuji Yamada
1361: Social Security and Household Portfolio Allocation Downloads
Robert Hubbard
1360: Concepts and Measures of Earnings Replacement During Retirement Downloads
Michael J. Boskin and John B. Shoven
1359: Wage Bargaining, Labor Turnover, and the Business Cycle: A Model with Asymmetric Information Downloads
Motty Perry and Gary Solon
1358: The Degree of Fiscal Illusion in Interest Rates: Some Direct Estimates Downloads
Joe Peek and James A. Wilcox
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