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.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

777: Agency, Delayed Compensation, and the Structure of Executive Remuneration

Jonathan Eaton and Harvey Rosen

776: Currency Diversification and Export Competitiveness: A Model of the "Egyptian Disease"

Jorge Braga de Macedo

775: Monetary Aggregates as Targets: Some Theoretical Aspects

Charles Freedman

774: Prices and Terms of Trade for Developed-Country Exports of Manufactured Goods

Irving B. Kravis and Robert Lipsey

773: The International Economics of Transitional Growth: The Case of the United States

Laurence Kotlikoff, Edward Leamer and Jeffrey Sachs

772: The Effects of Pensions and Earnings on Retirement: A Review Essay

Olivia Mitchell and Gary Fields

771: The Interaction between Research and Public Policy: The Case of Unemployment Insurance

Daniel Hamermesh

770: Capital Mobility and the Scope for Sterilization: Mexico in the 1970s

Robert Cumby and Maurice Obstfeld

769: Collective Bargaining and Compulsory Arbitration: Prescriptions for the Blue Flu

Casey Ichniowski

768: Schooling and Health: The Cigarette Connection

Phillip Farrell and Victor Fuchs

767: Employee Valuation of Pension Claims and the Impact of Indexing Initiatives

James Pesando

766: Exchange Rate Determination and the Demand for Money

Craig Hakkio

765: Low-Cost Student Labor: The Use and Effects of the Subminimum Wage Provisions for Full-time Students

Richard Freeman, Wayne Gray and Casey Ichniowski

764: The Potential for Using Excise Taxes to Reduce Smoking

Eugene M. Lewit and Douglas Coate

763: Partial Retirement and the Analysis of Retirement Behavior

Alan Gustman and Thomas L. Steinmeier

762: The Holding Period Distinction of the Capital Gains Tax

Steven Kaplan

761: The Index of Leading Indicators: "Measurement without Theory," Twenty-Five Years Later

Alan Auerbach

760: Anticipated Money, Inflation Uncertainty, and Real Economic Activity

John Makin

759: Anticipated and Unanticipated Oil Price Increases and the Current Account

Nancy Marion

758: Capital Gains Taxation in an Economy with an "Austrian Sector"

Dan Kovenock and Michael Rothschild

757: Tax Reform and Corporate Investment: A Microeconometric Simulation Study

Michael Salinger and Lawrence Summers

756: Permanent Income, Liquidity, and Expenditure on Automobiles: Evidence from Panel Data

Ben Bernanke

755: Accelerating Inflation, Nonassumable Fixed-Rate Mortgages, and Consumer Choice and Welfare

Patric Hendershott and Sheng Cheng Hu

754: Intergenerational Effects of the Distribution of Income and Wealth: The Utah Experience, 1850-1900

J. R. Kearl and Clayne L. Pope

753: Inflation, Tax Rules, and the Accumulation of Residential and Nonresidential Capital

Martin Feldstein

752: Union Wage Practices and Wage Dispersion within Establishments

Richard Freeman

751: Have Black Labor Market Gains Post-1964 Been Permanent or Transitory?

Richard Freeman

750: Career Patterns of College Graduates in a Declining Job Market

Richard Freeman

749: Real Exchange Rate Overshooting and the Output Cost of Bringing Down Inflation

Willem Buiter and Marcus Miller

748: Aspects of the Optimal Management of Exchange Rates

Jacob A. Frenkel and Joshua Aizenman

747: Capital Structure Equilibrium under Incomplete Market Conditions

Lemma W. Senbet and Robert A. Taggart, Jr.

746: Tax Exporting and the Commerce Clause: Reflections on Commonwealth Edison

Charles E. McLure, Jr.

745: Financing Capital Formation in the 1980s: Issues for Public Policy

Benjamin M. Friedman

744: Price Inertia and Policy Ineffectiveness in the United States, 1890-1980

Robert Gordon

743: On the Role of Social Security as a Means for Efficient Risk-Bearing in an Economy Where Human Capital Is Not Tradeable

Robert Merton

742: Pigouvian Taxation with Administrative Costs

A. Mitchell Polinsky and Steven Shavell

741: The Social versus the Private Incentive to Bring Suit in a Costly Legal System

Steven Shavell

740: The Effective Tax Rate and the Pretax Rate of Return

Martin Feldstein, James Poterba and Louis Dicks-Mireaux

739: Housing Finance in the United States in the Year 2001

Patric Hendershott and Kevin E. Villani

738: The Terminations Premium in Mortgage Coupon Rates: Evidence on the Integration of Mortgage and Bond Markets

Patric Hendershott and Kevin E. Villani

737: Implications of Corporate Capital Structure Theory for Banking Institutions

Yair E. Orgler and Robert A. Taggart, Jr.

736: Macroeconomic Adjustment and Foreign Trade of Centrally Planned Economies

John Burkett, Richard Portes and David Winter

735: The Impact of Collective Bargaining: Illusion or Reality?

Richard Freeman and James Medoff

734: Social Security and the Decision to Retire

Anthony J. Pellechio

733: Taxation and On-the-job Training Decisions

Harvey Rosen

732: Measurement Error and the Flow of Funds Accounts: Estimates of HouseholdAsset Demand Equations

Carl Walsh

731: Changes in the Provision of Correspondent-Banking Services and the Role of Federal Reserve Banks under the DIDMC Act

Edward Kane

730: An Examination of Empirical Tests of Social Security and Savings

Alan Auerbach and Laurence Kotlikoff

729: National Savings, Economic Welfare, and the Structure of Taxation

Alan Auerbach and Laurence Kotlikoff

728: Transition from Inflation to Price Stability

Peter Garber

727: On the Design of Contracts and Remedies for Breach

Steven Shavell

726: An Integrated View of Tests of Rationality, Market Efficiency, and the Short-Run Neutrality of Monetary Policy

Andrew Abel and Frederic Mishkin

725: Savings and Loan Usage of the Authority to Invest in Corporate Debt

Patric Hendershott and Kevin E. Villani

724: Tax Aspects of Corporate Pension Funding Policy

Jeremy I. Bulow

723: Inflation, Real Interest, and the Determinacy of Equilibrium in an Optimizing Framework

Maurice Obstfeld

722: The Relative Productivity Hypothesis of Industrialization: The American Case, 1820-1850

Claudia Goldin and Kenneth Sokoloff

721: Bilateral Contracts

Jerry Green and Seppo Honkapohja

720: Intertemporal Substitution in Consumption

Robert Hall

719: The Efficiency of Decentralized Investment Management Systems

David S. Jones

718: The Allocation of Capital Between Residential and Nonresidential Uses: Taxes, Inflation and Capital Market Constraints

Patric Hendershott and Sheng Cheng Hu

717: The Effect of Unions on Productivity in the Public Sector: The Case of Libraries

Ronald Ehrenberg and Joshua L. Schwarz

716: A Comment on Feldstein's Fisher-Schultz Lecture

Ray Fair

715: Four Observations on Modern International Commercial Policy under Floating Exchange Rates

J. David Richardson

714: Risk Sharing through Breach of Contract Remedies

A. Mitchell Polinsky

713: Effects of Inflation on the Pattern of International Trade

Alan Stockman

712: The Sources of Labor Productivity Variation in U.S. Manufacturing, 1947-80

Ben Bernanke

711: Discontinuous Distributions and Missing Persons: The Minimum Wage and Unemployed Youth

Robert H. Meyer and David Wise

710: Test Scores, Educational Opportunities, and Individual Choice

Steven Venti and David Wise

709: Test Scores and Self-Selection of Higher Education: College Attendance versus College Completion

Steven Venti and David Wise

708: Inflation, Flexible Exchange Rates, and the Natural Rate of Unemployment

Robert Gordon

707: Economic Well-Being and Child Labor: The Inter action of Family and Industry

Claudia Goldin and Donald Parsons

706: The Added-Worker Effect: A Reappraisal

Shelly Lundberg

705: Real and Monetary Disturbances in an Exchange-Rate Union

Richard C. Marston

704: Debt and Economic Activity in the United States

Benjamin M. Friedman

703: Private Pensions as Corporate Debt

Martin Feldstein

702: Changing Balance Sheet Relationships in the U.S. Manufacturing Sector, 1926-77

John H. Ciccolo, Jr.

701: Investment Strategy in an Inflationary Environment

Zvi Bodie

700: Risk and Return: A New Look

Burton G. Malkiel

699: Inflation, Resource Utilization, and Debt and Equity Returns

Patric Hendershott

698: Taxation and Excess Burden: A Life-Cycle Perspective

Edward Driffill and Harvey Rosen

697: Implications of the Changing U.S. Labor Market for Higher Education

Richard Freeman

696: Estimated Effects of Relative Prices on Trade Shares

Ray Fair

695: Familial Love and Intertemporal Optimality

Herschel Grossman

694: Utilitarianism and Horizontal Equity: The Case for Random Taxation

Joseph Stiglitz

693: Monetary Policy and Short-Term Interest Rates: An Efficient Markets-Rational Expectations Approach

Frederic Mishkin

692: Wealth Mobility: The Missing Element

J. R. Kearl and Clayne L. Pope

691: A Systematic Banking Collapse in a Perfect Foresight World

Robert Flood and Peter Garber

690: Consumption Correlatedness and Risk Measurement in Economies with Non trade Assets and Heterogeneous Information

Sanford Grossman and Robert Shiller

689: Tax Policy and Foreign Direct Investment

David G. Hartman

688: Pitfalls in the Construction and Use of Effective Tax Rates

David Bradford and Don Fullerton

687: Taxation of Corporate Capital Income: Tax Revenues vs. Tax Distortions

Roger Gordon

686: Aggregate Spending and the Terms of Trade: Is There a Laursen-Metzler Effect?

Maurice Obstfeld

685: Relative Prices, Employment, and the Exchange Rate in an Economy with Foresight

Maurice Obstfeld

684: On Non-Uniqueness in Rational Expectations Models: An Attempt at Perspective

Bennett McCallum

683: The Decline in Black Teenage Employment: 1950-1970

John F. Cogan

682: Simulating Nonlinear Tax Rules and Nonstandard Behavior: An Application to the Tax Treatment of Charitable Contributions

Martin Feldstein and Lawrence B. Lindsey

681: Alternative Tax Rules and Personal Savings Incentives: Microeconomic Data and Behavioral Simulations

Martin Feldstein and Daniel Feenberg

680: Inflation, Capital Taxation, and Monetary Policy

Martin Feldstein

679: Has the Rate of Investment Fallen?

Martin Feldstein

678: Information and Capital Markets

Joseph Stiglitz