NBER Working Papers

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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 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 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 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 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

306: Efficient Wage Bargains Under Uncertain Supply and Demand

Robert Hall and David M. Lilien

305: The Percent Organized Wage (POW) Relationship for Union and for NonunionWorkers

Richard Freeman and James Medoff

304: The Changing Cyclical Behavior of Wages and Prices: 1890-1976

Jeffrey D. Sachs

303: Towards An Understanding of the Real Effects and Costs of Inflation

Stanley Fischer and Franco Modigliani

302: Tax Policy in a Life Cycle Model

Lawrence Summers

301: Should We Organize? Effects of Faculty Unionism on Academic Compensation

Richard Freeman

300: Monetarist Interpretations of the Great Depression: An Evaluation and Critique

Robert Gordon and James A. Wilcox

299: Labor Supply Estimates For Public Policy Evaluation

George Borjas and James Heckman

298: A Status Report on Tax Integration in the United States

Charles E. McLure, Jr.

297: A Model of Diffusion In the Production of an Innovation

Michael Gort and Akira Konakayama

296: The Effect of Inflation on the Prices of Land And Gold

Martin Feldstein

295: Interest Rate Expectations Versus Forward Rates: Evidence From An Expectations Survey

Benjamin M. Friedman

294: How Important is Disaggregation in Structural Models of Interest Rate Determination?

Benjamin M. Friedman

293: Do Multinational Firms Adapt Factor Proportions To Relative Factor Prices?

Robert Lipsey, Irving B. Kravis and Romualdo A. Roldan

292: The Effect of Trade Unionism on Fringe Benefits

Richard Freeman

291: Economic Effects of The Firefighters' Union

Casey Ichniowski

290: Exchange Rates in The 1920's: A Monetary Approach

Jacob A. Frenkel and Kenneth Clements

289: Further Evidence On Expectations And The Demand for Money During the German Hyperinflation

Jacob A. Frenkel

288: On Transactions and Precautionary Demand For Money

Jacob A. Frenkel and Boyan Jovanovic

287: International Reserves Under Alternative Exchange Rate Regimes and Aspects of The Economics of Managed Float

Jacob A. Frenkel

286: On the Choice Between Property Rules and Liability Rules

A. Mitchell Polinsky

285: Wage Growth and Job Turnover: An Empirical Analysis

Ann P. Bartel and George Borjas

284: Crowding Out Or Crowding In? The Economic Consequences of Financing Government Deficits

Benjamin M. Friedman

283: Temporary Income Taxes and Consumer Spending

Alan Blinder

282: Black Economic Progress after 1964: Who Has Gained and Why?

Richard Freeman

281: Disequilibrium Growth Theory: The Kaldor Model

Takatoshi Ito

280: A Fixed Effect Logit Model of the Impact Of Unionism on Quits

Richard Freeman

279: The 1971-1974 Controls Program and The Price Level: An Econometric Post-Mortem

Alan Blinder and William J. Newton

278: Experience, Performance, and Earnings

James Medoff and Katharine Abraham

277: Labor Force Transitions and Unemployment

Kim B. Clark and Lawrence Summers

276: Inflation and the Stock Market

Martin Feldstein

275: Fiscal Policies, Inflation and Capital Formation

Martin Feldstein

274: The Dynamics of Youth Unemployment

Kim B. Clark and Lawrence Summers

273: New Estimates of the Industrial Locus of Unionism in the United States

Richard Freeman and James Medoff

272: The Social Security Earnings Test, Labor Supply Distortions, and Foregone Payroll Tax Revenues

Anthony J. Pellechio

271: Male Wage Rates and Marital Status

Lawrence Kenny

270: Explaining Movements in Completed Fertility Across Cohorts

Lawrence Kenny

269: Tax Neutrality and the Investment Tax Credit

David Bradford

268: Calculating the Present Value of An Asset's Future Cash Flows

Stephen D. Nadauld

267: Interest Rate Changes and Commercial Bank Revenues and Costs

Sherman J. Maisel and Robert Jacobson

266: Interest Rate Risk and the Regulation of Financial Institutions

Jay B. Morrison and David H. Pyle

265: The Fundamental Determinants of Risk In Banking

Barr Rosenberg and Philip R. Perry

264: The Pricing of Short-Lived Options When Price Uncertainty Is Log-Symmetric Stable

J. Huston McCulloch

263: Adjudication as a Private Good

William Landes and Richard Posner

262: Changes in Household Living Arrangements 1950-76

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

261: Survey Evidence on The Rationality of Interest Rate Expectations

Benjamin M. Friedman

260: The Effect of Social Security on Retirement

Anthony J. Pellechio

259: Inventory Fluctuations, Temporary Layoffs and the Business Cycle

Martin Feldstein and Alan Auerbach

258: Imported Inflation 1973-74 and the Accommodation Issue

Phillip Cagan