NBER Working Papers

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257: The Lock-In Effect of the Capital Gains Tax: Some Time Series Evidence

Joel Slemrod

256: Children's Health and the Family

Linda N. Edwards and Michael Grossman

255: Share Valuation and Corporate Equity Policy

Alan Auerbach

254: Wealth Maximization and the Cost of Capital

Alan Auerbach

253: Inflation and the Choice of Asset Life

Alan Auerbach and Martin Feldstein

252: The Nature and Measurement of Unemployment

Robert Hall

251: A Theory of the Natural Unemployment Rate and the Duration of Employment

Robert Hall

250: The Effects of Taxation on the Selling of Corporate Stock and the Realization of Capital Gains

Martin Feldstein, Joel Slemrod and Shlomo Yitzhaki

249: Education and Self-Selection

Robert Willis and Sherwin Rosen

248: Unionism and the Dispersion of Wages

Richard Freeman

247: Perspective on Bank Capital Adequacy: Time-Series Analysis

Laurie Goodman and William Sharpe

246: Causation Among Socioeconomic Time-Series

Robert T. Michael

245: The Propagation of Prices in the Oil Industry

Avram Kisselgoff

244: Forecasting with the Index of Leading Indicators

Beatrice N. Vaccara and Victor Zarnowitz

243: Taxation and Corporate Financial Policy

J. Gregory Ballentine and Charles E. McLure, Jr.

242: The Exit-Voice Tradeoff in the Labor Market: Unionism, Job Tenure, Quits

Richard Freeman

241: Personal Taxation, Portfolio Choice and The Effect of the Corporation Income Tax

Martin Feldstein and Joel Slemrod

240: Determinants of Pediatric Care Utilization

Ann D. Colle and Michael Grossman

239: The Effect of Shifting Wealth Ownership on the Term Structure of Interest Rates

Benjamin M. Friedman

238: Price Behavior in the Manufacturing Sector for Sixteen Industries Classified by Stage-of-Process

Joel Popkin

237: Interest Rate Risk and Capital Adequacy For Traditional Banks and Financial Intermediaries

J. Huston McCulloch

236: The Supply of Surgeons and the Demand for Operations

Victor Fuchs

235: Price Inflation, Portfolio Choice, and Nominal Interest Rates

Benjamin M. Friedman

234: Inflation and the Excess Taxation of Capital Gains on Corporate Stock

Martin Feldstein and Joel Slemrod

233: Job Mobility and Earnings Over the Life Cycle

George Borjas

232: Inflation, Tax Rules, and the Long Term Interest Rates

Martin Feldstein and Lawrence Summers

231: Who Puts the Inflation Premium Into Nominal Interests Rates?

Benjamin M. Friedman

230: Family Size and the Distribution of Per Capita Income

Edward Lazear and Robert T. Michael

229: On the Accuracy and Properties of Recent Macroeconomic Forecasts

Victor Zarnowitz

228: Estimating the Family Labor Supply Functions Derived from the Stone-Geary Utility Function

Michael Hurd

227: Salvors, Finders, Good Samaritans and Other Rescuers: An Economic Study of Law and Altruism

William Landes and Richard Posner

226: Fluctuation in Equilibrium Unemployment

Robert Hall

225: Job Satisfaction as an Economic Variable

Richard Freeman

224: The Earnings Function: A Glimpse Inside the Black Box

James Medoff

223: The Private and Social Costs of Unemployment

Martin Feldstein

222: The Cumulative Unanticipated Change in Interest Rates: Evidence on the Misintermediation Hypothesis

J. Huston McCulloch

221: Taxation and Aggregate Factor Supply: Preliminary Estimates

Michael J. Boskin and Lawrence J. Lau

220: Occupational Licensing and the Inter-State Mobility of Professionals

B. Peter Pashigian

219: The Choice of Diet for Young Children and Its Relation to Children's Growth

Dov Chernichovsky and Douglas Coate

218: Heterogeneous-Expectations Model of the Value of Bonds Bearing Call Options

Zvi Bodie and Benjamin M. Friedman

217: Altruism in Law and Economics

William Landes and Richard Posner

216: An Evaluation of the Role of Factor Markets and Intensities in the Social Security Crisis: A Progress Report

John B. Shoven

215: Mitigating Demographic Risk Through Social Insurance

Jerry Green

214: Aspects of Optimal Unemployment Insurance: Search, Leisure and Capital Market Imperfections

J. S. Flemming

213: The Relationship Between Children's Health and Intellectual Development

Linda N. Edwards and Michael Grossman

212: Social Security Wealth: The Impact of Alternative Inflation Adjustments

Martin Feldstein and Anthony J. Pellechio

211: The Service Industries and U.S. Economic Growth Since World War II

Victor Fuchs

210: An Economic Study of U.S. Aircraft Hijacking, 1960-1976

William Landes

209: Bank Capital Adequacy, Deposit Insurance and Security Values, Part I

William Sharpe

208: An Economic Theory of Self-Control

H. M. Shefrin and Richard Thaler

207: Local Government Budgeting: The Econometric Comparison of Political and Bureaucratic Models

Martin Feldstein and Daniel J. Frisch

206: Social Security and Household Wealth Accumulation: New Microeconomic Evidence

Martin Feldstein and Anthony J. Pellechio

205: Structural Models of Interest Rate Determination and Portfolio Behavior in the Corporate and Government Bond Markets

Benjamin M. Friedman and V. Vance Roley

204: The Effect of Social Security on Early Retirement

Michael J. Boskin and Michael Hurd

203: Taxation, Inflation, and Monetary Policy

Eytan Sheshinski

202: Two Papers on the Recent Rise in U.S. Divorce Rate

Robert T. Michael

201: The Welfare Cost of Permanent Inflation and Optimal Short-Run Economic Policy

Martin Feldstein

200: Share-Tenancy and Family Size in the Brazilian Northeast

Anna L. Ozorio de Alneida

199: Family Migration Decisions

Jacob Mincer

198: The Economics of Migration: An Empirical Analysis with Special Referenceto the Role of Job Mobility

Ann P. Bartel

197: An Agricultural Time Series-Cross Section Data Set

Thomas Cooley, Stephen DeCanio and M. Scott Matthews

196: An Adaptive Nonlinear Least Square Algorithm

John E. Dennis, David M. Gay and Roy E. Welsch

195: Finding Leverage Groups

David Coleman

194: Cost-Benefit Analysis Under Uncertainty

David A. Graham

193: The Optimal Taxation of Foreign Source Investment Income

Martin Feldstein and David G. Hartman

192: The Pacific Basin in World Trade: Part III, An Analysis of Changing Trade Patterns, 1955-1975

Bert G. Hickman, Yoshimi Kuroda and Lawrence J. Lau

191: The Pacific Basin in World Trade: Part II, Constant-Price Trade Matrices, 1955-1975

Bert G. Hickman, Yoshimi Kuroda and Lawrence J. Lau

190: The Pacific Basin in World Trade: Part I, Current Price Trade Matrices, 1948-1975

Bert G. Hickman, Yoshimi Kuroda and Lawrence J. Lau

189: A System of Subroutines For Iteratively Reweighted Least Squares Computations

David Coleman, Paul W. Holland, Neil Kaden and Virginia Klema

188: Notes on the Public Debt and Social Insurance

Jerry Green

187: A Model of Social Security and Retirement Decisions

Eytan Sheshinski

186: Do Private Pensions Increase National Saving?

Martin Feldstein

185: Estimation of Permanent and Transitory Response Functions in Panels Data: A Dynamic Labor Supply Model

Lee Lillard

184: A Theory of the Production and Allocation of Effort

Gary Becker

183: The Government's Impact on the Labor Market Status of Black Americans: A Critical Review

Richard Butler and James Heckman

182: Export Prices and Exchange Rates

Irving B. Kravis, Robert Lipsey and Eliot R. J. Kalter

181: Price Behavior in the Light of Balance of Payments Theories

Irving B. Kravis and Robert Lipsey

180: An Economic Analysis of Children's Health and Intellectual Development

Linda N. Edwards and Michael Grossman

179: Identifying Identical Distributed Lag Structures by the Use of Prior SumConstraints

Benjamin M. Friedman and V. Vance Roley

178: Investors' Portfolio Behavior Under Alternative Models of Long-Term Interest Rate Expectations: Unitary, Rational, or Autoregressive

Benjamin M. Friedman and V. Vance Roley

177: Dummy Endogenous Variables in a Simultaneous Equation System

James Heckman

176: Export and Domestic Prices Under Inflation and Exchange Rate Movements

Irving B. Kravis and Robert Lipsey

175: Some Convergence Properties of Broyden's Method

David M. Gay

174: Educational Screening and Occupational Earnings

Edward Wolff and Joel Hay

173: Linear Regression Diagnostics

Roy E. Welsch and Edwin Kuh

172: Sample Selection Bias As a Specification Error (with an Application to the Estimation of Labor Supply Functions)

James Heckman

171: The Effect of Minimum Wage Legislation on Income Equality: A TheoreticalAnalysis

J. Huston McCulloch

170: The Austrian Theory of the Marginal Use And of Ordinal Marginal Utility

J. Huston McCulloch

169: Solving Systems of Non-Linear Equations by Broyden's Method with Projected Updates

David M. Gay and Robert B. Schnabel

168: Wage Differentials Are Larger Than You Think

Edward Lazear

167: Money And Income, Causality Detection

Cheng Hsiao

166: Industrial Demand for Energy

Robert Halborsen

165: Rosetak Document 4: Rank Degeneracies and Least Square Problems

Gene Golub, Virginia Klema and G. W. Stewart

164: Alternative Trade Strategies and Employment - Plan of Research for Country Studies

Anne O. Krueger

163: The Gains and Losses From Industrial Concentration

Sam Peltzman

162: Labor Quality, the Demand for Skill, and Market Selection

Sherwin Rosen

161: Middle-Age Job Mobility: Its Determinants and Consequences

Ann P. Bartel and George Borjas

160: Misintermediation and Business Fluctuation

J. Huston McCulloch

159: A Conic Algorithm for the Group Minimization Problem

Bruno Simeone

158: The Market for Lawyers: The Determinants of the Demand for and Supply ofLawyers

B. Peter Pashigian