NBER Working Papers
From National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC. Bibliographic data for series maintained by (). Access Statistics for this working paper series.
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- 1257: Can The Production Smoothing Model of Inventory Behavior be Saved?

- Alan Blinder
- 1256: Occupation, Race, Unemployment and Crime In a Dynamic System

- Michael Massourakis, Farahmand Rezvani and Tadashi Yamada
- 1255: Real Exchange Rate Effects of Fiscal Policy

- Jeffrey Sachs and Charles Wyplosz
- 1254: Imported Materials Prices, Wage Policy, and Macroeconomic Stabilization

- Richard C. Marston and Stephen J Turnovsky
- 1253: Tariff Liberalization Policy and Financial Restrictions

- Joshua Aizenman
- 1252: Costs and Benefits of an Anti-Inflationary Policy: Questions and Issues

- Willem Buiter and Marcus Miller
- 1251: Life-Cycle Labor Force Participation of Married Women: Historical Evidence and Implications

- Claudia Goldin
- 1250: Annuity Markets, Savings, and the Capital Stock

- Laurence Kotlikoff, John B. Shoven and Avia Spivak
- 1249: Trade Unions and Productivity: Some New Evidence on an Old Issue

- Richard Freeman and James Medoff
- 1248: Earnings and Dividend Announcements is there a Corroboration Effect?

- Alex Kane, Young Ki Lee and Alan Marcus
- 1247: The Economics of Saving

- Mervyn A. King
- 1246: The Effects of Interest Rates on Mortgage Prepayments

- Jerry Green and John B. Shoven
- 1245: The Welfare Effects of Trade and Capital Market Liberalization: Consequences of Different Sequencing Scenarios

- Sebastian Edwards and Sweder van Wijnbergen
- 1244: Activist Monetary Policy, Imperfect Capital Mobility, and the Overshooting Hypothesis

- David Papell
- 1243: The Forecasting Ability of Money Market Fund Managers and its Economic Value

- Alex Kane and Young Ki Lee
- 1242: International Capital Mobility and the Coordination of Monetary Rules

- Nicholas Carlozzi and John Taylor
- 1241: Taxation and the Location of U.S. Investment Abroad

- Daniel J. Frisch and David G. Hartman
- 1240: Anti-Discrimination or Reverse Discrimination: The Impact of Changing Demographics, Title VII and Affirmative Action on Productivity

- Jonathan Leonard
- 1239: Uncertainty, Welfare Cost, and the 'Adaptability' of U.S. Corporate Taxes

- Don Fullerton, Andrew Lyon and Richard Rosen
- 1238: Does Knowledge Intensity Matter? A Dynamic Analysis of Research and Development, Capital Utilization and Labor Requirements

- Jeffrey Bernstein and M. Ishaq Nadiri
- 1237: A Structural Retirement Model

- Alan Gustman and Thomas L. Steinmeier
- 1236: Optimal Trade and Industrial Policy Under Oligopoly

- Jonathan Eaton and Gene Grossman
- 1235: Inflation and Growth

- Stanley Fischer
- 1234: Public Opinion and the Balanced Budget

- Alan Blinder and Douglas Holtz-Eakin
- 1233: Openness, Relative Prices and Macro Policies

- Joshua Aizenman
- 1232: The Theory of Optimum Deficits and Debt

- Willem Buiter
- 1231: Food Stamps as Money and Income

- Daniel Hamermesh and James M. Johannes
- 1230: Exchange-Rate Dynamics

- Maurice Obstfeld and Alan Stockman
- 1229: The Social Cost of Labor, and Project Evaluation: A General Approach

- Joseph Stiglitz and Raaj Sah
- 1228: U.S. International Trade Policies in a World of Industrial Change

- J. David Richardson
- 1227: Patents and R&D: Searching for a Lag Structure

- Bronwyn Hall, Zvi Griliches and Jerry Hausman
- 1226: Unions, Pensions, and Union Pension Funds

- Richard Freeman
- 1225: Optimal Stabilization Rules in a Stochastic Model of Investment with Gestation Lags

- John Taylor
- 1224: Rational Expectations Models in Macroeconomics

- John Taylor
- 1223: Modeling Individuals' Behavior: Evaluation of a Policymaker's Tool

- Alan Gustman
- 1222: Economic and Statistical Analysis of Discrimination in Hiring

- Ronald Ehrenberg and Robert S. Smith
- 1221: The Conduct of Domestic Monetary Policy

- Robert Gordon
- 1220: A Model of the Socially Optimal Use of Liability and Regulation

- Steven Shavell
- 1219: Uncertainty Over Causation and the Determination of Civil Liability

- Steven Shavell
- 1218: Liability for Harm Versus Regulation of Safety

- Steven Shavell
- 1217: Corporate Pension Policy and the Value of PBGC Insurance

- Alan Marcus
- 1216: Sticky Prices, Money and Business Fluctuations

- Robert King and Joseph Haubrich
- 1215: Taxes, Default Risk, and Yield Spreads

- Jess B. Yawitz, Kevin J. Maloney and Louis H. Ederington
- 1214: Average Marginal Tax Rates from Social Security and the Individual Income Tax

- Robert Barro and Chaipat Sahasakul
- 1213: Capital Allocation in Mult-Division Firms: Hurdle Rates vs. Budgets

- Robert A. Taggart, Jr.
- 1212: Social Security Reform and Labor Supply

- Alan Gustman and Thomas L. Steinmeier
- 1211: Automobile Prices and Quality: Did the Gasoline Price Increase Change Consumer Tastes in the U.S.?

- Makoto Ohta
- 1210: Using Monetary Control to Dampen the Business Cycle: A New Set of First Principles

- Robert Gordon
- 1209: Managing the U.S. Government Deficit in the 1980s

- Benjamin M. Friedman
- 1208: Recent Perspectives in and on Macroeconomics

- Benjamin M. Friedman
- 1207: Longitudinal Analyses of the Effects of Trade Unions

- Richard Freeman
- 1206: Economic Development, Infant Mortality, and Their Dynamics in Latin America

- Tadashi Yamada
- 1205: A Test of Portfolio Crowding-Out and Related Issues in Finance

- Jeffrey Frankel
- 1204: Rewards to Continued Work: The Economic Incentives For Postponing Retirement

- Olivia Mitchell and Gary Fields
- 1203: A Simple Account of the Behavior of Long-Term Interest Rates

- John Campbell and Robert Shiller
- 1202: Forecasting and Conditional Projection Using Realistic Prior Distributions

- Tom Doan, Robert Litterman and Christopher Sims
- 1201: Average Marginal Tax Rates U.S. Household Interest and Dividend Income 1954-80

- Arturo Estrella and Jeffrey Fuhrer
- 1200: Accumulation of Property by Southern Blacks Before World War I: Commentand Further Evidence

- Robert Margo
- 1199: Slipping into and out of Poverty: The Dynamics of Spells

- Mary Jo Bane and David T. Ellwood
- 1198: A Technique for Indicating Comparative and Perdicting Changes in Trade Ratios

- Robert Baldwin and R. Spence Hilton
- 1197: The Profitability of Currency Speculation

- John Bilson and David A. Hsieh
- 1196: Optimal and Time Consistent Exchange Rate Management in an Overlapping Generations Economy

- Jonathan Eaton
- 1195: Activist Monetary Policy and Exchange Rate Overshooting: The Deutsche Mark/Dollar Rate

- David Papell
- 1194: A 'Reciprocal Dumping' Model of International Trade

- James Brander and Paul Krugman
- 1193: Trade Warfare: Tariffs and Cartels

- James Brander and Barbara Spencer
- 1192: International R&D Rivalry and Industrial Strategy

- Barbara Spencer and James Brander
- 1191: Years of Service and Probability of Promotion

- Katharine Abraham and James Medoff
- 1190: The Economy of Israel

- Stanley Fischer
- 1189: Theoretical Issues in International Borrowing

- Jeffrey Sachs
- 1188: The Spatial Mismatch Hypothesis: Are There Teenage Jobs Missing in the Ghetto?

- David T. Ellwood
- 1187: Capital Controls and Covered Interest Parity

- Takatoshi Ito
- 1186: Risk, Inflation, and the Stock Market

- Robert Pindyck
- 1185: Stagflation and Productivity Decline in Canada, 1974-1982

- John Helliwell
- 1184: Optimal Bond Trading with Personal Taxes: Implications for Bond Prices and Estimated Tax Brackets and Yield Curves

- George Constantinides and Jonathan E. Ingersoll
- 1183: Arbitrator Decision Making: When Are Final Offers Important?

- Max H. Bazerman and Henry S. Farber
- 1182: Macroeconomic Planning and Disequilibrium: Estimates for Poland, 1955-1980

- Richard Portes, Richard E. Quandt, David Winter and Stephen Yeo
- 1181: Monetary Policy Regimes, Expected Inflation, and the Response of Interest Rates to Money Announcements

- V. Vance Roley and Carl Walsh
- 1180: An Investigation of Risk and Return in Forward Foreign Exchange

- Robert Hodrick and Sanjay Srivastava
- 1179: Public Sector Labor Markets

- Ronald Ehrenberg and Joshua L. Schwarz
- 1178: A Model of Exchange-Rate Determination with Policy Reaction: Evidence From Monthly Data
- William Branson
- 1177: A Theory of Current Account and Exchange Rate Determinations

- Joshua Aizenman
- 1176: Optimal Stock Trading with Personal Taxes: Implications for Prices and the Abnormal January Returns

- George Constantinides
- 1175: The Implications of an Endogenous Money Supply for Monetary Neutrality

- Robert King and Bharat Trehan
- 1174: International Trade, Foreign Investment, and the Formation of the Entrepreneurial Class

- Gene Grossman
- 1173: Exchange Rate Dynamics With Sluggish Prices Under Alternative Price-Adjustment Rules

- Maurice Obstfeld and Kenneth Rogoff
- 1172: LDC's Foreign Borrowing and Default Risk: An Empirical Investigation

- Sebastian Edwards
- 1171: Consensus and Uncertainty in Economic Prediction

- Victor Zarnowitz and Louis A. Lambros
- 1170: Wage Indexation and Exchange Market Intervention in a Small Open Economy

- Stephen J Turnovsky
- 1169: Changes in the Balance Sheet of the U.S. Manufacturing Sector, 1926-1977

- John H. Ciccolo, Jr. and Christopher Baum
- 1168: Housing Tenure, Uncertainty, and Taxation

- Harvey Rosen, Kenneth T. Rosen and Douglas Holtz-Eakin
- 1167: The Level and Volatility of Interest Rates in the United States: The Roles of Expected Inflation, Real Rates, and Taxes

- John Makin and Vito Tanzi
- 1166: International Policy Coordination in a Dynamic Macroeconomic Model

- Jeffrey Sachs
- 1165: The Equilibrium Approach to Labor Markets

- Sherwin Rosen
- 1164: Unionism, Price-Cost Margins, and the Return to Capital

- Richard Freeman
- 1163: Variable Earnings and Nonlinear Taxation

- Michael Rothschild and Robert Moffitt
- 1162: On Low-Frequency Estimates of "Long-Run" Relationships in Macro- economics

- Bennett McCallum
- 1161: Housing Subsidies: Effects on Housing Decisions, Efficiency, and Equity

- Harvey Rosen
- 1160: A Linearized Version of Lucas's Neutrality Model

- Bennett McCallum
- 1159: Case Mix, Costs, and Outcomes: Differences Between Faculty and Community Services in a University Hospital

- Alan M. Garber, Victor Fuchs and James F. Silverman
- 1158: Raids and Imitation

- Edward Lazear
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