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Content
1990
- 3394 The Simplest Test of Target Zone Credibility
by Lars E.O. Svensson
- 3393 The Phillips Curve Now and Then
by Robert J. Gordon
- 3392 An Empirical Model of Labor Supply in the Underground Economy
by Bernard Fortin & Thomas Lemieux & Pierre Frechette
- 3391 The Impact of Permanent and Temporary Import Surcharges on the U.S. Trade Deficit
by Barry Eichengreen & Lawrence H. Goulder
- 3390 How Risky is the Debt in Highly Leveraged Transactions? Evidence from Public Recapitalizations
by Steven N. Kaplan & Jeremy C. Stein
- 3389 Hot Hands in Mutual Funds: The Persistence of Performance, 1974-87
by Darryll Hendricks & Jayendu Patel & Richard Zeckhauser
- 3388 Should The Fed Smooth Interest Rates? The Case of Seasonal Monetary Policy
by N. Gregory Mankiw & Jeffrey A. Miron
- 3387 Ranking, Unemployment Duration, and Wages
by Olivier Jean Blanchard & Peter Diamond
- 3386 Revenue and Welfare Implications for a Capital Gains Tax Cut
by Patric H. Hendershott & Eric Toder & Yunhi Won
- 3385 Waiting for Work
by George A. Akerlof & Andrew K. Rose & Janet L. Yellen
- 3384 International Costs and Benefits from EMU
by George Alogoskoufis & Richard Portes
- 3383 Money and Prices in Colonial America: A New Test of Competing Theories
by Bennett T. McCallum
- 3382 Rules versus Discretion in Trade Policy: An Empirical Analysis
by Robert W. Staiger & Guido Tabellini
- 3381 Banks in the Market for Liquidity
by Peter Garber & Steven Weisbrod
- 3380 Before the Accord: U.S. Monetary-Financial Policy 1945-51
by Barry Eichengreen & Peter Garber
- 3379 Tax Policy Toward Art Museums
by Don Fullerton
- 3378 Price Indexes for Microcomputers: An Exploratory Study
by Ernst R. Berndt & Zvi Griliches
- 3377 Taxes, Outward Orientation, and Growth Performance in Korea
by Irene Trela & John Whalley
- 3376 Business Cycle Properties of Selected U.S. Economic Time Series, 1959-1988
by James H. Stock & Mark W. Watson
- 3375 An Alternative View of Tax Incidence Analysis for Developing Countries
by Anwar Shah & John Whalley
- 3374 The Term Structure of Interest Rate Differentials in a Target Zone: Theory and Swedish Data
by Lars E.O. Svensson
- 3373 Moral Hazard in Partnerships
by Martin Gaynor & Paul Gertler
- 3372 Can Severe Fiscal Contractions be Expansionary? Tales of Two Small European Countries
by Francesco Giavazzi & Marco Pagano
- 3371 The Cost of Capital in Japan: Recent Evidence and Further Results
by Albert Ando & Alan J. Auerbach
- 3370 The Stock Market, Profit and Investment
by Olivier Blanchard & Changyong Rhee & Lawrence Summers
- 3369 Efficient Windows and Labor Force Reduction
by Robin L. Lumsdaine & James H. Stock & David A. Wise
- 3368 Forecasting Prices and Excess Returns in the Housing Market
by Karl E. Case & Robert J. Shiller
- 3367 The Gold Standard as a Rule
by Michael D. Bordo & Finn E. Kydland
- 3366 The Manufacturing Sector Master File: 1959-1987
by Bronwyn H. Hall
- 3365 Fear, Unemployment and Pay Flexibility
by David G. Blanchflower
- 3364 Price Behavior in Japanese and U.S. Manufacturing
by Richard C. Marston
- 3363 The Provision of Time to the Elderly by Their Children
by Axel Borsch-Supan & Jagadeesh Gokhale & Laurence J. Kotlikoff & John N. Morris
- 3362 Public Finance in Models of Economic Growth
by Robert J. Barro & Xavier Sala-i-Martin
- 3361 Self-Fulfilling Expectations and Fluctuations in Aggregate Demand
by Michael Woodford
- 3360 Equilibrium Models of Endogenous Fluctuations: an Introduction
by Michael Woodford
- 3359 Asymmetric Information and the New Theory of the Firm: Financial Constraints and Risk Behavior
by Bruce C. Greenwald & Joseph E. Stiglitz
- 3358 Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States
by David Card & Alan Krueger
- 3357 Volatiltiy and Links Between National Stock Markets
by Mervyn King & Enrique Sentana & Sushil Wadhwani
- 3356 A Genral Model of Dynamic Labor Demand
by Daniel S. Hamermesh
- 3355 Market Power, Economic Profitability and Productivity Growth Measurement: An Integrated Structural Approach
by Catherine J. Morrison
- 3354 Some Inefficiency Implication of Generational Politics and Exchange
by Laurence J. Kotlikoff & Robert W. Rosenthal
- 3353 Product Market Competition, Union Organizing Activity, and Employer Resistence
by John M. Abowd & Henry S. Farber
- 3352 The Effects of International Competiton on Collective Bargaining Outcomes: A Comparison of the United States and Canada
by John M. Abowd & Thomas Lemieux
- 3351 The NBER Immigration, Trade, and Labor Markets Data Files
by John M. Abowd
- 3350 Valuation of Variance Forecast with Simulated Option Markets
by Robert F. Engle & Che-Hsiung Hong & Alex Kane
- 3349 Testing the Positive Theory of Government Finance
by David S. Bizer & Steven N. Durlauf
- 3348 Does Corporate Performance Improve After Mergers?
by Paul M. Healy & Krishna G. Palepu & Richard C. Rubak
- 3347 On Uniform Import Tariffs in Developing Countries
by Sebastian Edwards
- 3346 Labor Market Distortions and Structural Adjustments in Developing Countries
by Sebastian Edwards & Alejandra Cox Edwards
- 3345 Provision of Child Care: Cost Functions for Profit-Making and Not-for-Profit Day Care Centers
by Swati Mukerjee & Ann Dryden Witte & Sheila Hollowell
- 3344 Homework in Macoreconomics I: Basic Theory (Part I of II)
by Jess Benhabib & Randall Wright & Richard Rogerson
- 3343 Health, Children, and Elderly Living Arrangements: A Multiperiod-Multinomial Probit Model with Unobserved Heterogeneity and Autocorrelated Errors
by Axel Borsch-Supan & Vassilis Hajivassiliou & Laurence J. Kotlikoff & John N. Morris
- 3342 Going Different Ways: Unionism in the U.S. and Other Advanced O.E.C.D. Countries
by David G. Blanchflower & Richard B. Freeman
- 3341 What is National Saving?: Alternative Measures in Historical and International Context
by David F. Bradford
- 3340 Government Failures in Development
by Anne O. Krueger
- 3339 Internal Net Worth and the Investment Process: An Application to U.S. Agriculture
by R. Glenn Hubbard & Anil Kashyap
- 3338 Public Policy and Economic Growth: Developing Neoclassical Implications
by Robert G. King & Sergio Rebelo
- 3337 The Quality Dimension in Army Retention
by Charles Brown
- 3336 Wage Levels and Method of Pay
by Charles Brown
- 3335 Drawing Inferences From Statistics Based on Multi-Year Asset Returns
by Matthew Richardson & James H. Stock
- 3334 Ownership, Agency and Wages: An Examination in the Fast Food Industry
by Alan B. Krueger
- 3333 Capital Flight and Tax Competition: Are There Viable Solutions to Both Problems?
by Alberto Giovannini & James R. Hines, Jr.
- 3332 Systematic Movements in Real Exchange Rates in the G-5: Evidence on theIntegration of Internal and External Markets
by Richard C. Marston
- 3331 Pensions and the U.S. Labor Market
by Alan L. Gustman & Olivia S. Mitchell
- 3330 The Output, Employment, and Interest Rate Effects of Government Consumption
by S. Rao Aiyagari & Lawrence J. Christiano & Martin Eichenbaum
- 3329 The Welfare Economics of Cooperative and Noncooperative Fiscal Policy
by Willem H. Buiter & Kenneth M. Kletzer
- 3328 Fiscal Policy Interdependence and Efficiency
by Willem H. Buiter & Kenneth M. Kletzer
- 3327 Canada - U.S. Free Trade and Pressures for Tax Harmonization
by Roger H. Gordon
- 3326 The Relation Between Firm Growth and Q with Multiple Capital Goods: Theory and Evidence from Panel Data on Japanese Firms
by Fumio Hayashi & Tohru Inoue
- 3325 Long Run Policy Analysis and Long Run Growth
by Sergio T. Rebelo
- 3324 Do Stock Prices Move Together Too Much?
by Robert S. Pindyck & Julio J. Rotemberg
- 3323 Financial Innovation and Current Trends in U.S. Financial Markets
by Frederic S. Mishkin
- 3322 An Empirical Analysis of Cigarette Addiction
by Gary S. Becker & Michael Grossman & Kevin M. Murphy
- 3321 The Internationalization of the U.S. Labor Market
by John M. Abowd & Richard B. Freeman
- 3320 Predicting Exchange Rate Crises: Mexico Revisited
by Linda S. Goldberg
- 3319 Re-Interpreting the Failure of Foreign Exchange Market Efficiency Tests:Small Transaction Costs, Big Hysteresis Bands
by Richard E. Baldwin
- 3318 Entry, Contestability, and Deregulated Airline Markets: An Event Study Analysis of People Express
by Michael D. Whinston & Scott C. Collins
- 3317 World Real Interest Rates
by Robert J. Barro & Xavier Sala-i-Martin
- 3316 The Welfare Economics of Moral Hazard
by Richard Arnott & Joseph Stiglitz
- 3315 Tariffs and Sectoral Adjustments in an Open Economy
by Stephen J. Turnovsky
- 3314 Risk Adjusted Deposit Insurance for Japanese Banks
by Ryuzo Sato & Rama V. Ramachandran & Bohyong Kang
- 3313 Fiscal Policy and the External Deficit: Siblings, but not Twins
by John F. Helliwell
- 3312 Does Labor Supply Explain Fluctuations in Average Hours Worked?
by Joshua D. Angrist
- 3311 Risk and Return on Real Estate: Evidence from Equity REITs
by K.C. Chan & Patric H. Hendershott & Anthony B. Sanders
- 3310 Tenure Choice of American Youth
by Donald R. Haurin & Patric H. Hendershott & Dongwook Kim
- 3309 Real Rents and Household Formation: The Effect of the 1986 Tax Reform Act
by Donald R. Haurin & Patric H. Hendershott & Dongwook Kim
- 3308 Incentive Conflict in the International Regulatory Agreement on Risk-Based Analysis
by Edward J. Kane
- 3307 Irreversibility, Uncertainty, and Investment
by Robert S. Pindyck
- 3306 Is the Japanese Distribution System Really Inefficient?
by Takatoshi Ito & Masayoshi Maruyama
- 3305 Measuring the Persistence of Expected Returns
by John Y. Campbell
- 3304 The International Comparison Program: Current Status and Problems
by Irving B. Kravis & Robert E. Lipsey
- 3303 Do Publicly Traded Corporations Act in the Public Interest?
by Roger H. Gordon
- 3302 From Stabilization to Growth
by Rudiger Dornbusch
- 3301 Patent Statistics as Economic Indicators: A Survey
by Zvi Griliches
- 3300 Premature Liberalization, Incomplete Stabilization: the Ozal Decade in Turkey
by Dani Rodrik
- 3299 Does Foreign Exchange Intervention Matter? Disentangling the Portfolio and Expectations Effects for the Mark
by Kathryn M. Dominguez & Jeffrey Frankel
- 3298 Investment Tax Credit in an Open Economy
by Partha Sen & Stephen J. Turnovsky
- 3297 Predictable Stock Returns: Reality or Statistical Illusion?
by Charles R. Nelson & Myung J. Kim
- 3296 Stock Returns and Real Activity: A Century of Evidence
by G. William Schwert
- 3295 Inventories and the Short-Run Dynamics of Commodity Prices
by Robert S. Pindyck
- 3294 Specific Capital, Mobility, and Wages: Wages Rise with Job Seniority
by Robert H. Topel
- 3293 American Firms Face Europe: 1992
by Robert E. Lipsey
- 3292 Determinants of Saving and Labor Force Participation of the Elderly in Japan
by Tetsuji Yamada & Tadashi Yamada & Guorn Liu
- 3291 Non-Cointegration and Econometric Evaluation of Models of Regional Shift and Share
by Scott J. Brown & N. Edward Coulson & Robert F. Engle
- 3290 Were Japanese Stock Prices Too High?
by Kenneth R. French & James M. Poterba
- 3289 Randomization in Optimal Income Tax Schedules
by Dagobert L. Brito & Jonathan H. Hamilton & Steven M. Slutsky & Joseph E. Stiglitz
- 3288 Pareto Efficient Tax Structures
by Dagobert L. Brito & Jonathan H. Hamilton & Steven M. Slutsky & Joseph E. Stiglitz
- 3287 Debt, Deficits and Inflation: An Application to the Public Finances of India
by Willem H. Buiter & Urjit R. Patel
- 3286 The Effect of the Medicaid Program on Welfare Participation and Labor Supply
by Robert Moffitt & Barbara Wolfe
- 3285 Does It Matter What We Trade? Trade and Industrial Policies When Labor Markets Don't Clear
by William T. Dickens
- 3284 First Mover Advantages, Blockaded Entry, And the Economics of Uneven Development
by James R. Markusen
- 3283 Endogenous Market Structures in International Trade
by Ignatius J. Horstmann & James R. Markusen
- 3282 Was There a "Peso Problem" in the U.S. Term Structure of Interest Rates:1979-1982?
by Karen K. Lewis
- 3281 Capital Market Integration: Issues of International Taxation
by Assaf Razin & Efraim Sadka
- 3280 The Effects of Colleges and Universities on Local Labor Markets
by Patricia Beeson & Edward B. Montgomery
- 3279 Asset Prices under Habit Formation and Catching up with the Joneses
by Andrew B. Abel
- 3278 Changing Effects of Monetary Policy on Real Economic Activity
by Benjamin M. Friedman
- 3277 Distributing the Gains from Trade With Incomplete Information
by Robert Feenstra & Tracy R. Lewis
- 3276 Trade and Uneven Growth
by Robert C. Feenstra
- 3275 Increasing Returns and Economic Geography
by Paul Krugman
- 3274 Asymmetries and Rigidities in Wage Adjustments by Firms
by Harry J. Holzer & Edward B. Montgomery
- 3273 The Impact of Tax Reform on Charitable Giving: A 1989 Perspective
by Charles T. Clotfelter
- 3272 A Positive Theory of Social Security
by Guido Tabellini
- 3271 Are Nonconvexities Important For Understanding Growth?
by Paul Romer
- 3270 Taxation and Housing Markets: Preliminary Evidence on the Effects of Recent Tax Reforms
by James M. Poterba
- 3269 Why is Trade Reform so Unpopular? On Status Quo Bias in Policy Reforms
by Raquel Fernandez & Dani Rodrik
- 3268 Rational Addictive Behavior and Cigarette Smoking
by Frank J. Chaloupka
- 3267 Men, Women, and Addiction: The Case of Cigarette Smoking
by Frank J. Chaloupka
- 3266 Implications of Corporate Indebtedness for Monetary Policy
by Benjamin M. Friedman
- 3265 Dynamic Optimal Income Taxation with Government Commitment
by Dagobert L. Brito & Jonathan H. Hamilton & Steven M. Slutsky & Joseph E. Stiglitz
- 3264 Macroeconomic Convergence: International Transmission of Growth and Technical Progress
by John F. Helliwell & Alan Chung
- 3263 Can Direct and Indirect Taxes Be Added for International Comparisons of Competitiveness?
by Hans-Werner Sinn
- 3262 Pay, Performance, and Turnover of Bank CEOs
by Jason R. Barro & Robert J. Barro
- 3261 Product Innovations, Price Indices and the (Mis)Measurement of Economic Performance
by Manuel Trajtenberg
- 3260 The Effects of Mandating Benefits Packages
by Olivia S. Mitchell
- 3259 The Informational Content of Initial Public Offerings
by Ian Gale & Joseph Stiglitz
- 3258 Designing Policies to Open Trade
by Robert C. Feenstra & Tracy R. Lewis & John McMillan
- 3257 The Impact of the 1986 Tax Reform Act on Personal Saving
by Jonathan Skinner & Daniel Feenberg
- 3256 A Quick Refresher Course in Macroeconomics
by N. Gregory Mankiw
- 3255 Federal Taxation and the Supply of State Debt
by Gilbert Metcalf
- 3254 The Effect of Domestic Antidumping Law in the Presence of Foreign Monopoly
by Robert W. Staiger & Frank A. Wolak
- 3253 Workers' Compensation Insurance and the Duration of Workplace Injuries
by Alan B. Krueger
- 3252 What Makes an Entrepreneur? Evidence on Inheritance and Capital Constraints
by David Blanchflower & Andrew J. Oswald
- 3251 Unemployment and the Demand for Unions
by David G. Blanchflower & Robert Crouchley & Saul Estrin & Andrew Oswald
- 3250 Herd on the Street: Informational Inefficiencies in a Market with Short-Term Speculation
by Kenneth A. Froot & David S. Scharfstein & Jeremy C. Stein
- 3249 Nominal Exchange Rate Patterns: Correlationswith Entry, Exit, and Invesment in U.S. Industry
by Linda S. Goldberg
- 3248 Tax Harmonization and Tax Competition in Europe
by Hans-Werner Sinn
- 3247 Short Rates and Expected Asset Returns
by Kenneth A. Froot
- 3246 A Variance Decomposition for Stock Returns
by John Y. Campbell
- 3245 A Modern Look At Asset Pricing and Short-Term Interest Rates
by Martin D. Evans & Paul Wachtel
- 3244 Export Restraints With Imperfect Competition: A Selective Survey
by Kala Krishna
- 3243 Speculative Dynamics and the Role of Feedback Traders
by David M. Cutler & James M. Poterba & Lawrence H. Summers
- 3242 Speculative Dynamics
by David M. Cutler & James M. Poterba & Lawrence H. Summers
- 3241 A Convex Model of Equilibrium Growth
by Larry E. Jones & Rodolfo Manuelli
- 3240 Reviving the Federal Statistical System: International Aspects
by Robert E. Lipsey
- 3239 Faculty Turnover at American Colleges and Universities: Analysis of AAUP Data
by Ronald G. Ehrenberg & Hirschel Kasper & Daniel I. Rees
- 3238 A North-South Model of Taxation and Capital Flow
by Joel Slemrod
- 3237 The Tax Elasticity of Capital Gains Realizations: Evidence from a Panel of Taxpayers
by Joel Slemrod & William Shobe
- 3236 The Sensitivity of Strategic and Corrective R&D Policy in Oligopolistic Industries
by Robert W. Staiger & Kyle Bagwell
- 3235 The Sensitivity of Strategic and Corrective R&D Policy in Battles for Monopoly
by Kyle Bagwell & Robert W. Staiger
- 3234 The Impact of the Tax Reform Act of 1986 on Foreign Direct Investment to and from the United States
by Joel Slemrod
- 3233 Are OSHA Health Inspections Effective? A Longitudinal Study in the Manufacturing Sector
by Wayne B. Gray & Carol Adaire Jones
- 3232 A Note on Optimal Fines When Wealth Varies Among Individuals
by A. Mitchell Polinsky & Steven Shavell
- 3231 Industrial De-Diversification and its Consequences for Productivity
by Frank R. Lichtenberg
- 3230 Making Altruism Pay in Auction Quotas
by Kala Krishna
- 3229 Aggregate Employment Dynamcis and Lumpy Adjustment Costs
by Daniel S. Hamermesh
- 3228 Competition and Human Capital Accumulation: A Theory of Interregional Specialization and Trade
by Julio J. Rotemberg & Garth Saloner
- 3227 An Estimate of a Sectoral Model of Labor Mobility
by Boyan Jovanovic & Robert Moffitt
- 3226 Joint Crowdout: An Empirical Study of the Impact of Federal Grants on State Government Expenditures and Charitable Donations
by Lawrence B. Lindsey & Richard Steinberg
- 3225 The Vanishing Harberger Triangle
by Hans-Werner Sinn
- 3224 Why Does High Inflation Raise Inflation Uncertainty?
by Laurence Ball
- 3223 A Model of Growth Through Creative Destruction
by Philippe Aghion & Peter Howitt
- 3222 Effects of the Tax Reform Act of 1986 on Corporate Financial Policy and Organizational Form
by Roger H. Gordon & Jeffrey K. MacKie-Mason
- 3221 Money and Business Cycles: A Real Business Cycle Interpretation
by Charles I. Plosser
- 3220 Participation in a Currency Union
by Alessandra Casella
- 3219 The Non-Neutrality of Inflation for International Capital Movements
by Hans-Werner Sinn
1989
- 3218 Target Zones and Interest Rate Variability
by Lars E.O. Svensson
- 3217 The Demand For Money in the U.S. During the Great Depression: Estimates and Comparison with the Post War Experience
by Dennis Hoffman & Robert H. Rasche
- 3216 The Impact of Corporate Restructuring on Industrial Research and Development
by Bronwyn H. Hall
- 3215 Poverty Programs, Initiation Of Prenatal Care And The Rate Of Low Birthweight Births
by Richard G. Frank & Donna Strobino & David S. Salkever & Catherine A. Jackson
- 3214 Policy Distortions, Size of Government, and Growth
by William Easterly
- 3213 Longitudinal Patterns of Compliance with OSHA Health and Safety Regulations in the Manufacturing Sector
by Wayne B. Gray & Carol Adaire Jones
- 3212 Using Production Based Asset Pricing to Explain the Behavior of Stock Returns Over the Business Cycle
by John H. Cochrane
- 3211 The Dynamic Relationship between Low Birthweight and Induced Abortion in New York City: An Aggregate Time-Series Analysis
by Theodore Joyce & Michael Grossman
- 3210 Endogenous Technological Change
by Paul Romer
- 3209 A Simple Proof That Futures Markets are Almost Always Informationally Inefficient
by Ian Gale & Joseph Stiglitz
- 3208 Job Training: Costs, Returns, and Wage Profiles
by Jacob Mincer
- 3207 Human Capital Responses to Technological Change in the Labor Market
by Jacob Mincer
- 3206 Oligopolistic Pricing and the Effects of Aggregate Demand on Economic Activity
by Julio J. Rotemberg & Michael Woodford
- 3205 Japan's Saving Rate: New Data and Reflections
by Fumio Hayashi
- 3204 The Long-Run Behavior of Velocity: The Institutional Approach Revisited
by Michael D. Bordo & Lars Jonung
- 3203 The Role of World War II in the Rise of Women's Work
by Claudia Goldin
- 3202 Taxation, Corporate Capital Structure, and Financial Distress
by Mark L. Gertler & R. Glenn Hubbard
- 3201 Quality Ladders and Product Cycles
by Gene M. Grossman & Elhanan Helpman
- 3200 Alcohol consumption and Tax Differentials Between Beer, Wine and Spirits
by Henry Saffer
- 3199 Seigniorage and Political Instability
by Alex Cukierman & Sebastian Edwards & Guido Tabellini
- 3198 Wages, Prices, and Labor Markets Before the Civil War
by Claudia Goldin & Robert A. Margo
- 3197 The Effects of Mergers on Prices, Costs, and Capacity Utilization in the U.S. Air Transportation Industry, 1970-84
by Frank R. Lichtenberg & Moshe Kim