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Content
1993
- 4384 Did the Thatcher Reforms Change British Labour Performance?
by David G. Blanchflower & Richard B. Freeman
- 4383 Timing is All: Elections and the Duration of United States Business Cycles
by Michael W. Klein
- 4382 Efficiency of the Tokyo Housing Market
by Takatoshi Ito & Keiko Nosse Hirono
- 4381 Effciency and Equality in a Simple Model of Unemployment Insurance
by Andrew Atkeson & Robert E. Lucas, Jr.
- 4380 Economic Instability and Aggregate Investment
by Robert S. Pindyck & Andres Solimano
- 4379 The Common Development of Institutional Change as Measured by Income Velocity: A Century of Evidence from Industrialized Countries
by Michael D. Bordo & Lars Jonung & Pierre Siklos
- 4378 Investment in Manufacturing, Exchange-Rates and External Exposure
by Jose Campa & Linda S. Goldberg
- 4377 Are Forign Exchange Intervention and Monetary Policy Related and Does it Really Matter?
by Karen K. Lewis
- 4376 Tobin's Q, Corporate Diversification and Firm Performance
by Larry H.P. Lang & Rene M. Stulz
- 4375 State Responses to Fiscal Crisis: The Effects of Budgetary Institutionsand Politics
by James M. Poterba
- 4374 Garbage, Recycling, and Illicit Burning or Dumping
by Don Fullerton & Thomas C. Kinnaman
- 4373 Prices and Trading Volume in the Housing Market: A Model with Downpayment Effects
by Jeremy C. Stein
- 4372 Corruption
by Andrei Shleifer & Robert W. Vishny
- 4371 A Comparison of Formal and Informal Dispute Resolution in Medical Malpractice
by Henry S. Farber & Michelle J. White
- 4370 How High are the Giants' Shoulders: An Empirical Assessment of Knowledge Spillovers and Creative Destruction in a Model of Economic Growth
by Ricardo J. Caballero & Adam B. Jaffe
- 4369 Myopic Loss Aversion and the Equity Premium Puzzle
by Shlomo Benartzi & Richard H. Thaler
- 4368 Unit Roots in Macroeconomic Time Series: Some Critical Issues
by Bennett T. McCallum
- 4367 Macroeconomics After Two Decades of Rational Expectations
by Bennett T. McCallum
- 4366 Resource Allocation During the Transition to a Market Economy: Political Implications of Supply Bottlenecks and Adjustment Costs
by Joshua Aizenman & Peter Isard
- 4365 Wage Dispersion, Returns to Skill, and Black-White Wage Differentials
by David Card & Thomas Lemieux
- 4364 Multilateral Tarriff Cooperation During the Formation of Regional Free Trade Areas
by Kyle Bagwell & Robert W. Staiger
- 4363 Start-Up Costs and Pecuniary Externalities as Barriers to Economic Development
by Antonio Ciccone & Kiminori Matsuyama
- 4362 Public Debt in the USA: How Much, How Bad and Who Pays?
by Willem H. Buiter
- 4361 The Endogeneity of Exchange Rate Regimes
by Barry Eichengreen
- 4360 Contrarian Investment, Extrapolation, and Risk
by Josef Lakonishok & Robert W. Vishny & Andrei Shleifer
- 4359 Illicit Drug Use and Health: Analysis and Projections of New York City Birth Outcomes Using a Kalman Filter Model
by Naci H. Mocan & Kudret Topyan
- 4358 Rents, Regulation, and Indirect Tax Design
by Carlo Perroni & John Whalley
- 4357 Equilibrium Unemployment as a Worker Screening Device
by Barry Nalebuff & Andres Rodriguez & Joseph E. Stiglitz
- 4356 Do Historically Black Institutions of Higher Education Confer Unique Advantages on Black Students: An Initial Analysis
by Ronald G. Ehrenberg & Donna S. Rothstein
- 4355 Currency Hedging over Long Horizons
by Kenneth A. Froot
- 4354 Economic Growth and Decline with Endogenous Property Rights
by Aaron Tornell
- 4353 The Political Economy of Capital Controls
by Alberto Alesina & Vittorio Grilli & Gian Maria Milesi-Ferretti
- 4352 Free Trade Agreements as Protectionist Devices: Rules of Origin
by Anne O. Krueger
- 4351 The Political Economy of Controls: Complexity
by Anne O. Krueger & Roderick Duncan
- 4350 On the Feasibility of a One or Multi-Speed European Monetary Union
by Alberto Alesina & Vittorio Grilli
- 4349 International Comparisons of Educational Attainment
by Robert J. Barro & Jong-Wha Lee
- 4348 The Minimum Wage and the Employment of Youth: Evidence from the NLSY
by Janet Currie & Bruce Fallick
- 4347 A Model of Target Changes and the Term Structure of Interest Rates
by Pierluigi Balduzzi & Giuseppe Bertola & Silverio Foresi
- 4346 Do Hostile Takeovers Reduce Extramarginal Wage Payments?
by Jagadeesh Gokhale & Erica L. Groshen & David Neumark
- 4345 The Political Economy of Immigration Restriction in the United States, 1890 to 1921
by Claudia Goldin
- 4344 Consumer Response to the Timing of Income: Evidence from a Change in Tax Withholding
by Matthew D. Shapiro & Joel Slemrod
- 4343 Bringing GATT into the Core
by Carsten Kowalczyk & Tomas Sjostrom
- 4342 Federal Reserve Policy: Cause and Effect
by Matthew D. Shapiro
- 4341 Losers and Winners in Economic Growth
by Robert J. Barro & Jong-Wha Lee
- 4340 Internationally Diversified Bond Portfolios: The Merits of Active Currency Risk Management
by Richard M. Levich & Lee R. Thomas
- 4339 Public Sector Growth and Labor Market Flexibility: The United States vs. The United Kingdom
by Rebecca M. Blank
- 4338 Evaluating the Connection Between Social Protection and Economic Flexib ility
by Rebecca M. Blank & Richard B. Freeman
- 4337 Anti-Tax Revolutions and Symbolic Prosecutions
by Holger C. Wolf
- 4336 Convergence in Growth Rates: A Quantitative Assessment of the Role of Capital Mobility and International Taxation
by Assaf Razin & Chi-Wa Yuen
- 4335 Emerging Currency Blocs
by Jeffrey A. Frankel & Shang-Jin Wei
- 4334 The Dynamic-Optimizing Approach to the Current Account: Theory and Evidence
by Assaf Razin
- 4333 Keeping People Out: Income Distribution, Zoning and the Quality of Public Education
by Raquel Fernandez & Richard Rogerson
- 4332 Demographic Factors and Real House Prices
by Richard K. Green & Patric H. Hendershott
- 4331 U.S. Manufacturing and an Emerging Mexico
by Edward E. Leamer & Chauncey J. Medberry
- 4330 Saving, Growth, and Aging in Taiwan
by Angus Deaton & Christina H. Paxson
- 4329 Where do Betas Come From? Asset Price Dynamics and the Sources of Systematic Risk
by John Campbell & Jianping Mei
- 4328 Intertemporal Choice and Inequality
by Angus Deaton & Christina Paxson
- 4327 Determinants of Young Male Schooling and Training Choices
by Stephen V. Cameron & James J. Heckman
- 4326 Historical Perspectives on the Monetary Transmission Mechanism
by Jeffrey A. Miron & Christina D. Romer & David N. Weil
- 4325 The Dollar and the Trade Deficit in the 1980s: A Personal View
by Martin Feldstein
- 4324 Government Spending and Budget Deficits in the 1980s: A Personal View
by Martin Feldstein
- 4323 Tax Policy in the 1980s: A Personal View
by Martin Feldstein
- 4322 Monetary Policy and Inflation in the 1980s: A Personal View
by Martin Feldstein
- 4321 Environmental Regulation and Manufacturing Productivity at the Plant Level
by Wayne B. Gray & Ronald J. Shadbegian
- 4320 Exchange Rates, Inflation and Disinflation: Latin American Experiences
by Sebastian Edwards
- 4319 The Political Economy of Infaliton and Stabilization in Developing Countries
by Sebastian Edwards
- 4318 Dynamic Efficiency in the Gifts Economy
by Stephen A. O'Connell & Stephen P. Zeldes
- 4317 Monetary Policy and Bank Lending
by Anil Kashyap & Jeremy C. Stein
- 4316 Poison or Placebo? Evidence on the Deterrent and Wealth Effects of Modern Antitakeover Measures
by Robert Comment & G. William Schwert
- 4315 Profitable Informed Trading in a Simple General Equilibrium Model of Asset Pricing
by James Dow & Gary Gorton
- 4314 Arbitrage Chains
by James Dow & Gary Gorton
- 4313 Productivity and the Density of Economic Activity
by Antonio Ciccone & Robert E. Hall
- 4312 Does History Matter Only When it Matters Little? The Case of City-Indu try Location
by James E. Rauch
- 4311 Heterogeneity, Stratification, and Growth
by Roland Benabou
- 4310 The Gold Standard, Bretton Woods and other Monetary Regimes: An Historical Appraisal
by Michael Bordo
- 4309 Production, Financial Structure and Productivity Growth in U.S. Manufacturing
by Jeffrey I. Bernstein & M. Ishaq Nadiri
- 4308 Are Industrial-Country Consumption Risks Globally Diversified?
by Maurice Obstfeld
- 4307 Employer Provided Health Insurance and Retirement Behavior
by Alan L. Gustman & Thomas L. Steinmeier
- 4306 What Determines the Sacrifice Ratio?
by Laurence Ball
- 4305 The Equity of Social Services Provided to Children and Senior Citizens
by Laurence J. Kotlikoff & Jagadeesh Gokhale
- 4304 The Use of Monetary Aggregate to Target Nominal GDP
by Martin Feldstein & James H. Stock
- 4303 Measuring Core Inflation
by Michael F. Bryan & Stephen G. Cecchetti
- 4302 Policy Options for Long-Term Care
by David M. Cutler & Louise M. Sheiner
- 4301 Why Doesn't the Market Fully Insure Long-Term Care?
by David M. Cutler
- 4300 The Incidence of Adverse Medical Outcomes Under Prospective Payments
by David M. Cutler
- 4299 Human Capital and the Income Tax
by Louis Kaplow
- 4298 Does Foreign Exchange Intervention Signal Future Monetary Policy?
by Graciela Kaminsky & Karen K. Lewis
- 4297 A Comparison of Changes in the Structure of Wages
by Lawrence F. Katz & Gary W. Loveman & David G. Blanchflower
- 4296 A Unified Model of Investment Under Uncertainty
by Andrew B. Abel & Janice C. Eberly
- 4295 The Role of Pensions in the Labor Market
by Alan L. Gustman & Olivia S. Mitchell & Thomas L. Steinmeier
- 4294 The Constrained Asset Share Estimation (CASE) Method: Testing Mean-Variance Efficiency of the U.S. Stock Market
by Charles Engel & Jeffrey A. Frankel & Kenneth A. Froot & Anthony P. Rodrigues
- 4293 Did Teachers' Race and Verbal Ability Matter in the 1960's? Coleman Revisited
by Ronald Ehrenberg & Dominic Brewer
- 4292 German and American Wage and Price Dynamics: Differences and Common Thenes
by Wolfgang Franz & Robert J. Gordon
- 4291 The Determinants of Realignment Expectations Under the EMS: Some Empirical Regularities
by Zhaohui Chen & Alberto Giovannini
- 4290 Optimal Insurance Contracts When Establishing The Amount of Losses is Costly
by Louis Kaplow
- 4289 Policies to Encourage Inflows of Technology Through Foreign Multinationals
by Magnus Blomstrom & Ari Kokko
- 4288 Internal Finance and Investment: Evidence from the Undistributed Profits Tax of 1936-1937
by Charles W. Calomiris & R. Glenn Hubbard
- 4287 Accuracy in the Assessment of Damages
by Louis Kaplow & Steven Shavell
- 4286 Endogenous Growth and Cycles
by Joseph E. Stiglitz
- 4285 How Important is the Credit Channel in the Transmission of Monetary Policy?
by Valerie A. Ramey
- 4284 Medicaid and Medical Care for Children
by Janet Currie & Duncan Thomas
- 4283 Demographic Characteristics and the Public Bundle
by David M. Cutler & Douglas W. Elmendorf & Richard J. Zeckhauser
- 4282 An Analysis of Factors Influencing ITC Decisions in Antidumoing, Countervailing Duty and Safeguard Cases
by Robert E. Baldwin & Jeffrey W. Steagall
- 4281 The Economic Consequences of Legislative Oversight: Theory and Evidencefrom the Medical Profession
by Shawn Everett Kantor & Patrick Legros
- 4280 Trade Wars and Trade Talks
by Gene M. Grossman & Elhanan Helpman
- 4279 Gender Differences in Departure from a Large Firm
by Nachum Sicherman
- 4278 Youth Alcohol Use and Public Policy
by Adit Laixuthai & Frank J. Chaloupka
- 4277 Criminal Deterrence: Revisiting the Issue with a Birth Cohort
by Helen Tauchen & Ann Dryden Witte & Harriet Griesinger
- 4276 'Outside' Intervention in Japanese Companies: Its Determinants and Implications for Mangers
by Steven Kaplan & Bernadette Minton
- 4275 Stochastic Trends and Short-Run Relationships Between Financial Variables and Real Activity
by Toru Konishi & Valerie A. Ramey & Clive W.J. Granger
- 4274 Princes and Merchants: European City Growth before the Industrial Revolution
by J. Bradford De Long & Andrei Shleifer
- 4273 The Design of Bank Loan Contracts, Collateral, and Renegotiation
by Gary Gorton & James A. Kahn
- 4272 Generics and New Goods in Pharmaceutical Price Indexes
by Zvi Griliches & Iain Cockburn
- 4271 Some Empirical Evidence on the Effects of Monetary Policy Shocks on Exchange Rates
by Martin Eichenbaum & Charles L. Evans
- 4270 The Role of Fertility and Population in Economic Growth: Empirical ResultsFrom Aggregate Cross-National Data
by James A. Brander & Steve Dowrick
- 4269 A Simple Theory of Multinational Corporations and Trade with a Trade-Off Between Proximity and Concentration
by S. Lael Brainard
- 4268 Labor Market Returns to Two- and Four-Year Colleges: Is a Credit a Credit and Do Degrees Matter?
by Thomas J. Kane & Cecilia E. Rouse
- 4267 Inflation and the Informativeness of Prices
by Laurence Ball & David Romer
- 4266 Labor and the Emerging World Economy
by David E. Bloom & Adi Brender
- 4265 Gender Gaps in Benefits Coverage
by Janet Currie
- 4264 Automobile Prices in Market Equilibrium: Part I and II
by Steven Berry & James Levinsohn & Ariel Pakes
- 4263 Shifting Plaintiffs' Fees versus Increasing Damage Awards
by Louis Kaplow
- 4262 The Analysis of Inter-Firm Worker Mobility
by Henry S. Farber
- 4261 Intertemporal Analysis of State and Local Government Spending: Theory ad Tests
by Douglas Holtz-Eakin & Harvey S. Rosen & Schuyler Tilly
- 4260 Sex Discrimination and Women's Labor Market Interruptions
by David Neumark
- 4259 Are OLS Estimates of the Return to Schooling Biased Downward? Another Look
by McKinley L. Blackburn & David Neumark
- 4258 What do Firms do with Cash Windfalls?
by Olivier J. Blanchard & Florencio Lopez-de-Silane
- 4257 The Swedish Wage Stucture: The Rise and Fall of Solidarity Wage Policy?
by Per-Anders Edin & Bertil Holmlund
- 4256 Substitution and Complementarity in Endogenous Innovation
by Alwyn Young
- 4255 Changes in the Demand for Skilled Labor within U.S. Manufacturing Industries: Evidence from the Annual Survey of Manufacturing
by Eli Berman & John Bound & Zvi Griliches
- 4254 Capital Gains Taxation and Realizations: Evidence from Interstate Comparisons
by William T. Bogart & William M. Gentry
- 4253 Progressivity of Capital Gains Taxation with Optimal Portfolio Selection
by Michael Haliassos & Andrew B. Lyon
- 4252 The Lifetime Incidence of State and Local Taxes: Measuring Changes During the 1980s
by Gilbert E. Metcalf
- 4251 What Do We Know about Enterprise Zones?
by Leslie E. Papke
- 4250 Real Effects of Monetary Shocks in an Economy with Sequential Purchases
by Robert E. Lucas, Jr. & Michael Woodford
- 4249 Evaluating the Effects of Incomplete Markets on Risk Sharing and Asset Pricing
by John Heaton & Deborah Lucas
1992
- 4248 Stoking the Fires? Co2 Emissions and Economic Growth
by Douglas Holtz-Eakin & Thomas M. Selden
- 4247 Corporate Control, Portfolio Choice, and the Decline of Banking
by Gary Gorton & Richard Rosen
- 4246 Exchange Rates as Nominal Anchors
by Sebastian Edwards
- 4245 International Growth Linkages: Evidence from Asia and the OECD
by John F. Helliwell
- 4244 A Tax-Based Test of the Dividend Signaling Hypothesis
by B. Douglas Bernheim & Adam Wantz
- 4243 Relative Price Movements in Dynamic General Equilibrium Models of International Trade
by David K. Backus & Patrick J. Kehoe & Finn E. Kydland
- 4242 Dynamics of the Trade Balance and the Terms of Trade: The S-Curve
by David Backus & Patrick J. Kehoe & Finn E. Kydland
- 4241 Aggregate Fluctuations from Independent Sectoral Shocks: Self-Organized Criticality in a Model of Production and Inventory Dynamics
by Peter Bak & Kan Chen & Jose Scheinkman & Michael Woodford
- 4240 R&D Tax Policy During the Eighties: Success or Failure?
by Bronwyn Hall
- 4239 State Mandated Benefits and Employer Provided Health Insurance
by Jonathan Gruber
- 4238 Trade Policy and the Third World Metropolis
by Raul Livas Elizondo & Paul Krugman
- 4237 License Price Paths: I. Theory II. Evidence from Hong Kong
by Kala Krishna & Ling Hui Tan
- 4236 The Recent Failure of U.S. Monetary Policy
by Martin Feldstein
- 4235 Capital Budgets, Borrowing Rules, and State Capital Spending
by James Poterba
- 4234 The Effect of News on Bond Prices: Evidence from the United Kingdom 1900-1920
by Douglas Elmendorf & Mary Hirshfeld & David Weil
- 4233 Specification of Policy Rules and Performance Measures in Multicountry Simulation Studies
by Bennett McCallum
- 4232 Currency Substitution
by Alberto Giovannini & Bart Turtelboom
- 4231 Real Exchange Rates and Relative Prices: An Empirical Investigation
by Charles Engel
- 4230 International Migration and International Trade
by Assaf Razin & Efraim Sadka
- 4229 Income Inequality and the Incomes of Very High Income Taxpayers: Evidence from Tax Returns
by Daniel Feenberg & James Poterba
- 4228 Entrepreneurship, Happiness and Supernormal Returns: Evidence from Britain and the US
by David Blanchflower & Andrew Oswald
- 4227 Tax Distortions to the Choice of Organizational Form
by Roger H. Gordon & Jeffrey K. MacKie-Mason
- 4226 Trade and Technical Progress
by John F. Helliwell
- 4225 The State of the North American and Japanese Motor Vehicle Industries: A Partially Calibrated Model to Examine the Impacts of Trade Policy Changes
by Melvyn Fuss & Steven Murphy & Leonard Waverman
- 4224 The Gender Earnings Gap: Some International Evidence
by Francine D. Blau & Lawrence M. Kahn
- 4223 Fiscal Policy and Economic Growth
by Eric M. Engen & Jonathan Skinner
- 4222 Wages, Profits and Rent-Sharing
by David G. Blanchflower & Andrew J. Oswald & Peter Sanfey
- 4221 Expenditures on Health Care for Children and Pregnant Women
by Eugene M. Lewit & Alan C. Monheit
- 4220 Permanent International Productivity Growth Differentials in an Integrated Global Economy
by Willem H. Buiter & Kenneth M. Kletzer
- 4219 A Dynamic Spatial Model
by Paul Krugman
- 4218 Home Bias and the High Turnover
by Linda L. Tesar & Ingrid M. Werner
- 4217 Foreign Equity Investment Restrictions and Shareholder Wealth Maximization
by Rene M. Stulz & Walter Wasserfallen
- 4216 Union Membership in the United States: The Decline Continues
by Henry S. Farber & Alan B. Krueger
- 4215 Private Saving and Public Policy
by B. Douglas Bernheim & John Karl Scholz
- 4214 Convergence in Growth Rates: The Role of Capital Mobility and International Taxation
by Assaf Razin & Chi-Wa Yuen
- 4213 Are Rising Wage Profiles a Forced-Saving Mechanism?
by David Neumark
- 4212 Alcohol, Marijuana, and American Youth: The Unintended Effects of Government Regulation
by John DiNardo & Thomas Lemieux
- 4211 Credit Conditions and the Cyclical Behavior of Inventories: A Case Studyof the 1981-82 Recession
by Anil K. Kashyap & Owen A. Lamont & Jeremy C. Stein
- 4210 Can the Markov Switching Model Forecast Exchange Rates?
by Charles Engel
- 4209 What Directions for Labor Market Institutions in Eastern and Central Europe?
by Richard B. Freeman
- 4208 Business Cycle Volatility and Openness: An Exploratory Cross-Section Analysis
by Assaf Razin & Andrew Rose
- 4207 Why Exchange Rate Bands? Monetary Independence in Spite of Fixed Exchange Rates
by Lars E.O. Svensson
- 4206 Capital Mobility in Neoclassical Models of Growth
by Robert J. Barro & N. Gregory Mankiw & Xavier Sala-i-Martin
- 4205 Privatization, Risk-Taking, and the Communist Firm
by Dominique Demougin & Hans-Werner Sinn
- 4204 Turnover and the Dynamics of Labor Demand
by Daniel S. Hamermesh & Gerard Pfann
- 4203 Accuracy in the Determination of Liability
by Louis Kaplow & Steven Shavell
- 4202 Measuring the Cyclicality of Real Wages: How Important is Composition Bias
by Gary Solon & Robert Barsky & Jonathan A. Parker
- 4201 Pension Plan Provisions and Retirement: Men & Women, Medicare, and Models
by Robin L. Lumsdaine & James H. Stock & David A. Wise
- 4200 International Wage Curves
by David G. Blanchflower & Andrew J. Oswald
- 4199 Participation in and Contributions to 401(k) Pension Plans: Evidence om Plan Data
by Leslie E. Papke
- 4198 Hubs and Spokes, and Free Trade in the Americas
by Carsten Kowalczyk & Ronald J. Wonnacott
- 4197 Policy Lessons from the U.S. Unemployment Experiments
by Bruce D. Meyer
- 4196 Patterns and Determinants of Metropolitan House Prices, 1977-91
by Patric H. Hendershott & Jesse M. Abraham
- 4195 The Effect of Unions on the Distribution of Wages: Redistribution or Relabelling?
by David Card
- 4194 Market Conditions and Retirement of Physical Capital: Evidence fron Oil Tankers
by Iain Cockburn & Murray Frank
- 4193 Trading Volume and Serial Correlation in Stock Returns
by John Y. Campbell & Sanford J. Grossman & Jiang Wang
- 4192 The Real Exchange Rate and Foreign Direct Investment in the United States: Relative Wealth vs. Relative Wage Effects
by Michael W. Klein & Eric Rosengren
- 4191 Credit and Deferral as International Investment Incentives
by James R. Hines Jr.
- 4190 The Effect of Price Shopping in Medical Markets: Hospital Responses to PPOs in California
by Jonathan Gruber
- 4189 Optimal Distribution and Taxation of the Family
by Louis Kaplow
- 4188 Inspecting the Mechanism: An Analytical Approach to the Stochastic Growth Model
by John Y. Campbell
- 4187 The Effect of Illicit Drug Use on the Labor Supply of Young Adults
by Robert Kaestner