NBER Working Papers

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857: Models for the Analysis of Labor Force Dynamics

Christopher Flinn and James Heckman

856: New Methods for Analyzing Structural Models of Labor Force Dynamics

James Heckman and Christopher Flinn

855: Speculative Hyperinflations in Maximizing Models: Can We Rule Them Out?

Maurice Obstfeld and Kenneth Rogoff

854: Severance Pay, Pensions, and Efficient Mobility

Edward Lazear

853: The Behavior of Money, Credit, and Prices in a Real Business Cycle

Robert King and Charles Plosser

852: Energy and Resource Allocation: A Dynamic Model of the "Dutch Disease"

Michael Bruno and Jeffrey Sachs

851: Input Price Shocks and the Slowdown in Economic Growth: The Case of U.K.Manufacturing

Michael Bruno and Jeffrey Sachs

850: R and D and Productivity at the Industry Level: Is There Still a Relationship?

Zvi Griliches and Frank Lichtenberg

849: The Effects of the Minimum Wage on the Employment and Earnings of Youth

Robert H. Meyer and David Wise

848: The New Economics of Accelerated Depreciation

Alan Auerbach

847: Wages and Prices Are Not Always Sticky: A Century of Evidence for the United States, United Kingdom, and Japan

Robert Gordon

846: The Effect of the Minimum Wage on Employment and Unemployment: A Survey

Charles Brown, Curtis Gilroy and Andrew Kohen

845: Expectations and Forecasts from Business Outlook Surveys

Victor Zarnowitz

844: The Labor Market Impact of Federal Regulation: OSHA, ERISA, EEO, and Minimum Wage

Olivia Mitchell

843: Tests of Rational Expectations and No Risk Premium in Forward Exchange Markats

David A. Hsieh

842: International Risk Sharing and the Choice of Exchange-Rate Regime

David A. Hsieh

841: Two Notes on Indeterminacy Problems

Robert Flood, Peter Garber and Louis O. Scott

840: A Comparison of Tournaments and Contracts

Jerry Green and Nancy Stokey

839: Structural Differences and Macroeconomic Adjustment to Oil Price Increases in a Three-Country Model

Nancy Marion and Lars Svensson

838: Consumption, Asset Markets, and Macroeconomic Fluctuations

Robert Shiller

837: The Impact of Collective Bargaining: Can the New Facts Be Explained by Monopoly Unionism?

Richard Freeman and James Medoff

836: The Nonadjustment of Nominal Interest Rates: A Study of the Fisher Effect

Lawrence Summers

835: Expectations, Life Expectancy, and Economic Behavior

Daniel Hamermesh

834: Transitory Terms-of-Trade Shocks and the Current Account: The Case of Constant Time Preference

Maurice Obstfeld

833: Can We Sterilize? Theory and Evidence

Maurice Obstfeld

832: Exchange Rate Dynamics and the Overshooting Hypothesis

Jacob A. Frenkel and Carlos Rodríguez

831: The Roles of Money and Credit in Macroeconomic Analysis

Benjamin M. Friedman

830: Debt Management Policy, Interest Rates, and Economic Activity

Benjamin M. Friedman

829: Dividend Taxes, Corporate Investment, and "Q"

James Poterba and Lawrence Summers

828: Long-Run Effects of the Accelerated Cost Recovery System

Don Fullerton and Yolanda K. Henderson

827: Estimating Wage-Fringe Trade-Offs: Some Data Problems

Robert S. Smith and Ronald Ehrenberg

826: Productivity and R and D at the Firm Level

Zvi Griliches and Jacques Mairesse

825: The Impacts on Capital Allocation of Some Aspects of the Economic Recovery Tax Act of 1981

Patric Hendershott and James D. Shilling

824: Inflation and the Valuation of Corporate Equities

Lawrence Summers

823: The Lender of Last Resort and the Run on the Savings and Loans

Peter Garber

822: Alternatives to the Current Maximum Tax on Earned Income

Lawrence B. Lindsey

821: New Measures of Labor Cost: Implications for Demand Elasticities and Nominal Wage Growth

Daniel Hamermesh

820: The Changing Economic Value of Higher Education in Developed Economies: A Report to the O.E.C.D

Richard Freeman

819: The Efficiency Gains from Dynamic Tax Reform

Alan Auerbach, Laurence Kotlikoff and Jonathan Skinner

818: Real Interest, Money Surprises and Anticipated Inflation

John Makin

817: Stockholder Tax Rates and Firm Attributes

Alan Auerbach

816: Troubled Workers in the Labor Market

Richard Freeman

815: Compliance with the Overtime Pay Provisions of the Fair Labor Standards Act

Ronald Ehrenberg and Paul L. Schumann

814: Adjustment and Structural Change under Supply Shocks

Michael Bruno

813: Health Care Incentives under Disability Insurance

Frederic P. Slade

812: Employment Effects of the Federal Minimum Wage

John F. Boschen and Herschel Grossman

811: Pensions and Mortality

Paul J. Taubman

810: Secular Patterns in Corporate Finance

Robert A. Taggart, Jr.

809: Why U.S. Wage and Employment Behavior Differs from That in Britain and Japan

Robert Gordon

808: Union Effects: Wages, Turnover, and Job Training

Jacob Mincer

807: A Positive Theory of Monetary Policy in a Natural-Rate Model

Robert Barro and David Gordon

806: Evaluating the Taxation of Risky Assets

Alan Auerbach

805: Compensating Wage Differentials for Mandatory Overtime

Ronald Ehrenberg and Paul L. Schumann

804: The Economics of Wage Floors

Jacob Mincer

803: Human Capital and Economic Growth

Jacob Mincer

802: Public Goods in Open Economies with Heterogeneous Individuals

Joseph Stiglitz

801: Macroeconomic Determinants of Real Exchange Rates

William Branson

800: "Double Dipping": The Combined Effects of Social Security and Civil Service Pensions on Employee Retirement

Gary Burtless and Jerry Hausman

799: A General Equilibrium Model of Taxation with Endogenous Financial Behavior

Joel Slemrod

798: Issues in the Taxation of Foreign Source Income

Daniel J. Frisch

797: Tariffs as Insurance: Optimal Commercial Policy When Domestic Markets Are Incomplete

Jonathan Eaton and Gene Grossman

796: The Current Account in the Eacroeconomic Adjustment Process

Jeffrey D. Sachs

795: Women, Children, and Industrialization in the Early Republic: Evidence from the Manufacturing Censuses

Claudia Goldin and Kenneth Sokoloff

794: Trade and Protection with Multistage Production

Avinash Dixit and Gene Grossman

793: Wages, Relative Prices, and the Choice between Fixed and Flexible Exchange Rates

Richard C. Marston

792: Intergenerational and International Trade

Rüdiger Dornbusch

791: The OPEC Surplus and U.S.-LDC Trade

William Branson

790: Time-Series Evidence of the Effect of the Minimum Wage on Youth Employment and Unemployment

Charles Brown, Curtis Gilroy and Andrew Kohen

789: Does Anticipated Aggregate Demand Policy Matter? Further Econometric results

Frederic Mishkin

788: Stochastic Problems in the Simulation of Labor Supply

Jerry Hausman

787: Should Private Pensions Be Indexed?

Martin Feldstein

786: Patents, R and D, and the Stock Market Rate of Return

Ariel Pakes

785: Real versus Financial Openness under Alternative Exchange Rate Regimes

Michael Bruno

784: Domestic Tax Policy and Foreign Investment: Some Evidence

David G. Hartman

783: Seigniorage and Fixed Exchange Rates: An Optimal Inflation Tax Analysis

Stanley Fischer

782: Central Planning and Monetarism: Fellow Travelers?

Richard Portes

781: Unemployment, Unsatisfied Demand for Labor, and Compensation Growth in the United States, 1956-1980

James Medoff and Katharine Abraham

780: Government and Health Outcomes

Michael Grossman

779: Real Interest Rates, Home Goods, and Optimal External Borrowing

Rüdiger Dornbusch

778: The Effects of Incomes Policies on the Frequency and Size of Wage Changes

John Pencavel

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