NBER Working Papers

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406: International Adjustment with Wage Rigidity

William Branson and Julio Rotemberg

405: Inequality Within and Between Families

Eytan Sheshinski and Yoram Weiss

404: The Investment Tax Credit: An Evaluation

Alan Auerbach and Lawrence H. Summers

403: Inflation, Tax Rules, and the Stock Market

Martin Feldstein

402: Analysis of Pension Funding Under Erisa

Jeremy I. Bulow

401: Rank-Order Tournaments as Optimum Labor Contracts

Edward Lazear and Sherwin Rosen

400: The Effect of Unionism on Worker Attachment to Firms

Richard Freeman

399: Teenage Unemployment: Permanent Scars or Temporary Blemishes?

David T. Ellwood

398: Adolescent Health, Family Background, and Preventive Medical Care

Linda N. Edwards and Michael Grossman

397: The Duration of Youth Unemployment in West Germany: Some Theoretical Considerations

Wolfgang Franz

396: Family Effects in Youth Employment

Albert E. Rees and Wayne Gray

395: Adjusting Depreciation in an Inflationary Economy: Indexing versus Acceleration

Martin Feldstein

394: Specific Information, General Information, and Employment Matches Under Uncertainty

W Viscusi

393: Teenage Unemployment: What is the Problem?

Martin Feldstein and David T. Ellwood

392: The Social Security Disability Program and Labor Force Participation

Jonathan Leonard

391: Cross Country Effects of Sterilization, Reserve Currencies and Foreign Exchange Information

Richard C. Marston

390: A Model of Trade and Exchange Rate Projections: Equations and Parameters

Hannu Halttunen and Dennis Warner

389: A Model of Trade and Exchange Rate Projections

Hannu Halttunen and Dennis Warner

388: Notes on Optimal Wage Taxation and Uncertainty

Jonathan Eaton and Harvey Rosen

387: The Estimation of Labor Supply Over Kinked Budget Constraints: Some New Econometric Methodology

Anthony J. Pellechio

386: The Role of Prevailing Prices and Wages in the Efficient Organization of Markets

Robert E. Hall

385: Labor Supply and Aggregate Fluctuations

Robert E. Hall

384: Time Series Changes in Youth Joblessness

Michael L. Wachter and Choongsoo Kim

383: Inflation and the Benefits from Owner-Occupied Housing

Patric H. Hendershott and Sheng Cheng Hu

382: Supply vs. Demand Approaches to the Problem of Stagflation

Michael Bruno and Jeffrey Sachs

381: Inventories, Rational Expectations, and the Business Cycle

Alan Blinder and Stanley Fischer

380: The Canadian Dollar, 1971-76: An Exploratory Investigation of Short Run Movements

Charles Freedman

379: A Strategic Theory of Inflation

Mordecai Kurz

378: Labor Turnover and Youth Unemployment

Linda S. Leighton and Jacob Mincer

377: Exchange Rates and Portfolio Balance

John Martin and Paul Masson

376: Towards A Reconstruction of Keynesian Economics: Expectations and Constrained Equilibria

J. Peter Neary and Joseph Stiglitz

375: The Work and Wages of Single Women: 1870 to 1920

Claudia Goldin

374: Colonial and Revolutionary Muster Rolls: Some New Evidence on Nutrition and Migration in Early America

Kenneth L. Sokoloff and Georgia C. Villaflor

373: Inflation Risk and Capital Market Equilibrium

Zvi Bodie

372: The Old Age Security Hypothesis and Population Growth

Robert Willis

371: Sorting Models of Labor Mobility, Turnover, and Unemployment

W Viscusi

370: The Decline in Aggregate Share Values: Inflation, Taxation, Risk and Profitability

Patric H. Hendershott

369: Energy Prices, Inflation, and Recession, 1974-1975

Knut Anton Mork and Robert E. Hall

368: Optimal Tax Treatment of the Family: Married Couples

Michael J. Boskin and Eytan Sheshinski

367: Fixed and Flexible Rates: A Renewal of The Debate

Jacques R. Artus and John H. Young

366: The Determination of Long-Term Interest Rates: Implications for Monetary and Fiscal Policies

Benjamin M. Friedman

365: Why is There A Youth Labor Market Problem?

Richard Freeman

364: The Two Faces of Unionism

Richard Freeman and James Medoff

363: Can Productive Capacity Differentials Really Explain Earnings Differentials Associated with Demographic Characteristics? Case of Experience

James Medoff and Katharine Abraham

362: The Family as an Incomplete Annuities Market

Laurence Kotlikoff and Avia Spivak

361: New Evidence That Fully Anticipated Monetary Changes Influence Real Output After All

Robert Gordon

360: Contributions and Determinants of Research and Development Expenditures in the U.S. Manufacturing Industries

M. Ishaq Nadiri

359: Price Expectations, Foreign Exchange and Interest Rates, and Demand for Money in an Open Economy

Sebastian Arango and M. Ishaq Nadiri

358: The Structure of Production, Technological Change, and the Rate of Growth of Total Factor Productivity in the Bell System

M. Ishaq Nadiri and Mark Schankerman

357: Labor Mobility and Wages

Jacob Mincer and Boyan Jovanovic

356: International Trade and Income Distribution: A Reconsideration

Paul Krugman

355: International Differences in Social Security and Saving

Martin Feldstein

354: Optimal Inflation Policy

Lawrence H. Summers

353: Estimating the Determinants of Employee Performance

Charles Brown

352: Time Preference and International Lending and Borrowing in an Overlapping-Generations Model

Willem Buiter

351: Social Security and Retirement: Evidence From the Canada Time Series

Anthony J. Pellechio

350: Measuring the Variance-Age Profile of Lifetime Income

Benjamin Eden and Ariel Pakes

349: The Incidence and Allocation Effects of a Tax on Corporate Distributions

David Bradford

348: Can the Fed Control Real Interest Rates?

Robert J. Shiller

347: Technical Systems and Innovations in Public Libraries

Malcolm Getz

346: The Rate of Obsolescence Of Knowledge, Research Gestation Lags, and the Private Rate of Return to Research Resources

Ariel Pakes and Mark Schankerman

345: A Note on the Derivation of Linear Homogeneous Asset Demand Functions

Benjamin M. Friedman and V. Vance Roley

344: Aggregation Effects And Panel Data Estimation Problems: An Investigationof the R&D Intensity Decision

Ariel Pakes

343: Coherency Conditions In Simultaneous Linear Equation Models With Endogenous Switching Regimes

Christian Gourieroux, Jean-Jacques Laffont and Alain Monfort

342: High School Preparation and Early Labor Force Experience

Robert H. Meyer and David Wise

341: On Activist Monetary Policy With Rational Expectations

Stanley Fischer

340: Macro-Economic Adjustment With Import Price Shocks: Real and Monetary Aspects

Michael Bruno and Jeffrey Sachs

339: Unanticipated Money and Economic Activity

Robert Barro and Mark Rush

338: Private versus Public Enforcement of Fines

A. Mitchell Polinsky

337: Static and Dynamic Resource Allocation Effects of Corporate and PersonalTax Integration in the U.S.: A General Equilibrium Approach(Rev)

Don Fullerton, A. Thomas King, John B. Shoven and John Whalley

336: Analyzing the Accuracy of Foreign Exchange Advisory Services: Theory AndEvidence

Richard M. Levich

335: Feedback and the Use of Current Information: The Use of General Linear Policy Rules in Rational Expectations Models

Willem Buiter

334: The Effect of Social Security on Saving

Martin Feldstein

333: Vehicle Currencies And the Structure Of International Exchange

Paul Krugman

332: Unionization, Management Adjustment and Productivity

Kim B. Clark

331: Corporate Supply of Index Bonds

Stanley Fischer

330: Unionization and Productivity: Microeconometric Evidence

Kim B. Clark

329: Money Stock Revisions and Unanticipated Money Growth

Robert Barro and Zvi Hercowitz

328: Public Libraries and Labor Markets

Malcolm Getz

327: Sterling and the External Balance

Rüdiger Dornbusch and Stanley Fischer

326: A Capital Market In an Equilibrium Business Cycle Model

Robert Barro

325: Analysis of Covariance With Qualitative Data

Gary Chamberlain

324: Corporate Financial Policy, Taxes, and Uncertainty: An Integration

Alan Auerbach and Mervyn A. King

323: Comparing Public Library Systems

Malcolm Getz

322: Non-Trivial Equilibrium in an Economy With Stochastic Rationing

Seppo Honkapohja and Takatoshi Ito

321: The Efficient Level Of Public Library Services

Malcolm Getz

320: A State Price Index

Victor Fuchs, Robert T. Michael and Sharon R. Scott

319: Applied Welfare Economics with Discrete Choice Models

Harvey Rosen and Kenneth A. Small

318: Information, Measurement, And Prediction In Economics

Victor Zarnowitz

317: International Aspects Of Dividend Relief

Charles E. McLure, Jr.

316: The Effect of Demographic Factors on Age-Earnings Profiles

Richard Freeman

315: An Empirical Analysis of the Fixed Coefficient 'Manpower Requirements' Model, 1960-1970

Richard Freeman

314: The Effect of Social Security on Private Savings: The Time Series Evidence

Martin Feldstein

313: A Note on Stochastic Rationing Mechanisms

Takatoshi Ito

312: Inflation and the Taxation of Capital Income in the Corporate Sector

Martin Feldstein and Lawrence H. Summers

311: Monetary Policy Under Exchange Rate Flexibility

Rüdiger Dornbusch

310: Domestic Savings and International Capital Flows

Martin Feldstein and Charles Horioka

309: How Elastic is The Demand for Labor?

Kim B. Clark and Richard Freeman

308: Income and Race Differences in Children's Health

Linda N. Edwards and Michael Grossman

307: Restriction of International Production: The Effects on the Domestic Economy

David G. Hartman