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Content
1986
1985
- 1784 Expected Fiscal Policy and the Recession of 1982
by William H. Branson & Arminio Fraga & Robert A. Johnson
- 1783 A Multinominal Logistic Approach to the Labor Force Behavior of JapaneseMarried Women
by Tadashi Yamada & Tetsuji Yamada & Frank Chaloupka
- 1782 The Crime Rate and the Condition of the Labor Market: A Vector Autoregressive Model
by Tadashi Yamada
- 1781 The Second Best Theory of Differential Capital Taxation
by Martin Feldstein
- 1780 The Dynamic Interaction of Exchange Rates and Trade Flows
by William H. Branson
- 1779 Rational Bubbles in Stock Prices?
by Behzad T. Diba & Herschel I. Grossman
- 1778 R&D and Productivity Growth: Comparing Japanese and U.S. Manufacturing Firms
by Zvi Griliches & Jacques Mairesse
- 1777 Causes of Appreciation and Volatility of the Dollar with Comment by Jacob Frenkel
by William H. Branson & Jacob A. Frenkel
- 1776 Has Cost Containment Gone Too Far?
by Victor R. Fuchs
- 1775 Should Social Security Be Means Tested?
by Martin Feldstein
- 1774 New Estimates of Federal Government Tangible Capital and Net Investment
by Michael J. Boskin & Marc S. Robinson & John M. Roberts
- 1773 International Capital Mobility and Crowding Out in the U.S. Economy: Imperfect Integration of Financial Markets or of Goods Markets?
by Jeffrey A. Frankel
- 1772 Debt and Default in the 1930s: Causes and Consequences
by Barry J. Eichengreen & Richard Portes
- 1771 The Wage Price Spiral
by Olivier J. Blanchard
- 1770 Monopolistic Competition, Aggregate Demand Externalities and Real Effects of Nominal Money
by Olivier J. Blanchard & Nobuhiro Kiyotaki
- 1769 Exchange Rates and Prices
by Rudiger Dornbusch
- 1768 The Deductibility of State and Local Taxes: Impact Effects by State and Income Class
by Daniel R. Feenberg & Harvey S. Rosen
- 1767 Price Flexibility, Credit Rationing, and Economic Fluctuations: Evidence from the U.S., 1879-1914
by Charles W. Calomiris & R. Glenn Hubbard
- 1766 Changes in the Age Distribution of Income in the United States, 1968-1984
by Michael J. Boskin & Laurence J. Kotlikoff & Michael Knetter
- 1765 The Impact of Tax Reform on Households
by Joel Slemrod
- 1764 Testing Long-Run Productivity Models for the Canadian and U.S. Agricultural Sectors
by Susan M. Capalbo & Michael Denny
- 1763 The Impact of Pollution Abatement Investment on Productivity Change: AnEmpirical Comparison of the U.S., Germany, and Canada
by Klaus Conrad & Catherine J. Morrison
- 1762 The Corporate Cost of Capital in Japan and the U.S.: A Comparison
by Albert Ando & Alan J. Auerbach
- 1761 Estimating the Revenue Maximizing Top Personal Tax Rate
by Lawrence B. Lindsey
- 1760 Taxpayer Behavior and the Distribution of the 1982 Tax Cut
by Lawrence B. Lindsey
- 1759 The Optimal Size of a Tax Collection Agency
by Joel Slemrod & Shlomo Yitzhaki
- 1758 The Antebellum "Surge" in Skill Differentials One More Time: New Evidence
by Robert A. Margo & Georgia C. Villaflor
- 1757 The Impact of Induced Abortion on Birth Outcomes in the U.S
by Theodore J. Joyce
- 1756 The Return to Tax Simplification: An Econometric Analysis
by Joel Slemrod
- 1755 Exchange Controls, Capital Controls, and International Financial Markets
by Alan C. Stockman & Alejandro Hernandez D.
- 1754 Workers' Rights: Rethinking Protective Labor Legislation
by Ronald G. Ehrenberg
- 1753 Taxes and Corporate Investment in Japanese Manufacturing
by Fumio Hayashi
- 1752 Increasing Returns and the Theory of International Trade
by Paul R. Krugman
- 1751 A Decomposition of the Elasticity of Medicaid Nursing Home Expenditures Into Price, Quality, and Quantity Effects
by Paul J. Gertler
- 1750 A Latent Variable Model of Quality Determination
by Paul J. Gertler
- 1749 The Covariation of Risk Premiums and Expected Future Spot Exchange Rates
by Robert J. Hodrick & Sanjay Srivastava
- 1748 The Effect of the Union Wage Differential on Management Opposition and Union Organizing Success
by Richard B. Freeman
- 1747 The Covariance Structure of Earnings and Income, Compensatory Behavior and On-the-Job Investments
by J. R. Kearl
- 1746 Macroeconomic Policy Design in an Interdependent World Economy: An Analysis of Three Contingencies
by Willem H. Buiter
- 1745 The Effectiveness of Equal Employment Law and Affirmative Action Regulation
by Jonathan S. Leonard
- 1744 Labor Supply Incentives and Disincentives for the Disabled
by Jonathan S. Leonard
- 1743 Foreign Currency Futures
by Robert J. Hodrick & Sanjay Srivastava
- 1742 Employment While in College, Academic Achievement and Post-College Outcomes: A Summary of Results
by Ronald G. Ehrenberg & Daniel R. Sherman
- 1741 Commodity Export Boom and the Real Exchange Rate: The Money-Inflation Link
by Sebastian Edwards
- 1740 The Administration Tax Reform Proposal and Housing
by Patric H. Hendershott & David C. Ling
- 1739 Inflation, Exchange Rates and Stabilization
by Rudiger Dornbusch
- 1738 Nominal Contracting and Price Flexibility in Product Markets
by R. Glenn Hubbard & Robert J. Weiner
- 1737 Life Insurance of the Elderly: Adequacy and Determinants
by Alan J. Auerbach & Laurence J. Kotlikoff
- 1736 Social Security and Individual Welfare: Precautionary Saving, LiquidityConstraints, and the Payroll Tax
by R. Glenn Hubbard & Kenneth L. Judd
- 1735 Productivity Growth in the Automobile Industry, 1970-1980: A Comparisonof Canada, Japan and the United States
by Melvyn A. Fuss & Leonard Waverman
- 1734 Sharing Some Thoughts on Weitzman's The Share Economy
by Russell Cooper
- 1733 Union Work Rules and Efficiency in the Building Trades
by Steven G. Allen
- 1732 Was it Real? The Exchange Rate-Interest Differential Relation, 1973-1984
by Richard Meese & Kenneth Rogoff
- 1731 The Determinants of IRA Contributions and the Effect of Limit Changes
by Steven F. Venti & David A. Wise
- 1730 Intergenerational Risk Sharing
by Roger H. Gordon & Hal R. Varian
- 1729 Birth Outcome Production Functions in the U.S
by Hope Corman & Theodore J. Joyce & Michael Grossman
- 1728 Municipal Employment, Municipal Unions, and Demand for Municipal Services
by Jeffrey S. Zax
- 1727 The Funding Status of Teacher Pensions: An Econometric Approach
by Robert P. Inman
- 1726 The Empirical Foundations of the Arbitrage Pricing Theory II: The Optimal Construction of Basis Portfolios
by Bruce N. Lehmann & David M. Modest
- 1725 The Empirical Foundations of the Arbitrage Pricing Theory I: The Empirical Tests
by Bruce N. Lehmann & David M. Modest
- 1724 The Welfare Analysis of Product Innovations with an Application to CT Scanners
by Manuel Trajtenberg
- 1723 Taxation of Investment and Savings in a World Economy: The Certainty Case
by Roger H. Gordon
- 1722 Monetary Rules and Commodity Schemes Under Uncertainty
by Stanley Fischer
- 1721 Mutual Fund Performance Evaluation: A Comparison of Benchmarks and Benchmark Comparisons
by Bruce N. Lehmann & David M. Modest
- 1720 Tests for Liquidity Constraints: A Critical Survey
by Fumio Hayashi
- 1719 Defined Benefit versus Defined Contribution Pension Plans: What are the Real Tradeoffs?
by Zvi Bodie & Alan J. Marcus & Robert C. Merton
- 1718 The Comparative Advantage of Educated Workers in Implementing New Technology: Some Empirical Evidence
by Ann P. Bartel & Frank R. Lichtenberg
- 1717 Standard-Rate Wage Setting, Labor Quality, and Unions
by Charles Brown
- 1716 Short-Term and Long-Term Interest Rates in a Monetary Model of a Small Open Economy
by Stephen J. Turnovsky
- 1715 Assistance to the Poor in a Federal System
by Charles Brown & Wallace E. Oates
- 1714 Does Deductibility Influence Local Taxation?
by Robert P. Inman
- 1713 A Problem of Financial Market Equilibrium When the Timing of Tax Payments is Indeterminate
by David F. Bradford
- 1712 Inflation, Tariffs and Tax Enforcement Costs
by Joshua Aizenman
- 1711 Poverty in America: Is Welfare the Answer or the Problem?
by David T. Ellwood & Lawrence H. Summers
- 1710 Issues in National Savings Policy
by Lawrence H. Summers
- 1709 Taxation and the Size and Composition of the Capital Stock: An Asset Price Approach
by Lawrence H. Summers
- 1708 Tax Reform, Interest Rates and Capital Allocation
by Patric H. Hendershott
- 1707 Tax Reform and Financial Markets
by Patric H. Hendershott
- 1706 On the Age at Leaving Home in the Early Nineteenth Century: Evidence from the Lives of New England Manufacturers
by David W. Galenson
- 1705 Interest Rates, Money Supply Announcements, and Monetary Base Announcements
by John Huizinga & Leonardo Leiderman
- 1704 The Ineffectiveness of Effective Tax Rates on Business Investment
by Robert S. Chirinko
- 1703 Growth and External Debt Under Risk of Debt Repudiation
by Daniel Cohen & Jeffrey Sachs
- 1702 The Behavior of Interest Rates and Real Exchange Rates During a Liberalization Episode: The Case of Chile 1973-83
by Sebastian Edwards
- 1701 Marriage Patterns in the United States
by David E. Bloom & Neil G. Bennett
- 1700 On the Nature and Estimation of Age. Period, and Cohort Effects in Demographic Data
by David E. Bloom
- 1699 Monetary and Fiscal Policy Under Perfect Foresight: A Symmetric Two Country Analysis
by Stephen J. Turnovsky
- 1698 An Analysis of the Stabilizing and Welfare Effects of Intervention in Spot and Futures Markets
by Robert B. Campbell & Stephen J. Turnovsky
- 1697 Lending with Costly Enforcement of Repayment and Potential Fraud
by Jonathan Eaton
- 1696 Aggregate Supply and Demand Factors in OECD Unemployment: An Update
by Michael Bruno
- 1695 Affordability and the Value of Seller Financing
by Donald R. Haurin & Patric H. Hendershott
- 1694 Real Interest and Consumption
by Robert E. Hall
- 1693 The Impact of the Runaway Office on Union Certification Elections in Clerical Units
by Beatrice J. Freiberg & William T. Dickens
- 1692 Capital Mobility in the World Economy: Theory and Measurement
by Maurice Obstfeld
- 1691 Subsidies, Quality, and Regulation in the Nursing Home Industry
by Paul J. Gertler
- 1690 Choice Under Uncertainty: A Model of Applications for the Social Security Disability Insurance Program
by Janice Halpern & Jerry A. Hausman
- 1689 The Pricing of Bonds and Bank Loans in International Markets: An Empirical Analysis of Developing Countries' Foreign Borrowing
by Sebastian Edwards
- 1688 The Economics of Reproduction-Related Health Care
by Victor R. Fuchs & Leslie Perreault
- 1687 A Reappraisal of Recent Tests of the Permanent Income Hypothesis
by Charles R. Nelson
- 1686 Is Increased Price Flexibility Stabilizing?
by J. Bradford De Long & Lawrence H. Summers
- 1685 Productivity Growth in Manufacturing During Early Industrialization: Evidence from the American Northeast, 1820 to 1860
by Kenneth L. Sokoloff
- 1684 Hidden Stimuli to Capital Formation: Debt and the Incomplete Adjustment of Financial Returns
by Robert S. Chirinko & Stephen R. King
- 1683 Annuity Prices and Saving Behavior in the United States
by Benjamin M. Friedman & Mark Warshawsky
- 1682 The Cost of Annuities: Implications for Saving Behavior and Bequests
by Benjamin M. Friedman & Mark Warshawsky
- 1681 A Pigovian Rule for the Optimum Provision of Public Goods
by Mervyn A. King
- 1680 Gibson's Paradox and the Gold Standard
by Robert B. Barsky & Lawrence H. Summers
- 1679 Horizontal Equity: Measures in Search of a Principle
by Louis Kaplow
- 1678 Monetary Policy Regime Shifts and the Unusual Behavior of Real Interest Rates
by John Huizinga & Frederic S. Mishkin
- 1677 Unions, Pension Wealth, and Age-Compensation Profiles
by Steven G. Allen & Robert L. Clark
- 1676 Are Devaluations Contractionary?
by Sebastian Edwards
- 1675 Stopping Hyperinflation: Lessons from the German Inflation Experience of the 1920s
by Rudiger Dornbusch
- 1674 Dynamic R&D Competition
by Gene M. Grossman & Carl Shapiro
- 1673 Sovereign Debt as a Contingent Claim: Excusable Default, Repudiation, and Reputation
by Herschel I. Grossman & John B. Van Huyck
- 1672 Using Survey Data to Test Some Standard Propositions Regarding Exchange Rate Expectations
by Jeffrey A. Frankel & Kenneth A. Froot
- 1671 Bargaining Unit, Union, Industry, and Locational Correlates of Union Support in Certification and Decertification
by William T. Dickens & Douglas R. Wholey & James C. Robinson
- 1670 Testing Dual Labor Market Theory: A Reconsideration of the Evidence
by William T. Dickens & Kevin Lang
- 1669 The Changing Behavior of the Term Structure of Interest Rates
by N. Gregory Mankiw & Jeffrey A. Miron
- 1668 Prizes and Incentives in Elimination Tournaments
by Sherwin Rosen
- 1667 Regulated Price Discrimination and Quality: The Implications of Medicaid Reimbursement Policy for the Nursing Home Industry
by Paul J. Gertler
- 1666 A Theory of Dual Labor Markets with Application to Industrial Policy, Discrimination and Keynesian Unemployment
by Jeremy I. Bulow & Lawrence H. Summers
- 1665 Domestic Violence: A Non-random Affair
by Helen V. Tauchen & Ann Dryden Witte & Sharon K. Long
- 1664 Capital Accumulation and Uncertain Lifetimes with Adverse Selection
by Andrew B. Abel
- 1663 Monetary Dynamics with Proportional Transaction Costs and Fixed Payment Periods
by Sanford J. Grossman
- 1662 Dimensions and Determinants of Early Childhood Health and Mortality Among American Slaves
by Richard H. Steckel
- 1661 The Physical State of the British Working Class, 1870-1914: Evidence from Army Recruits
by Roderick Floud & Kenneth W. Wachter & Annabel Gregory
- 1660 Predation through Regulation: The Wage and Profit Impacts of OSHA and EPA
by Ann P. Bartel & Lacy Glenn Thomas
- 1659 Special Exchange Rates for Capital Account Transactions
by Rudiger Dornbusch
- 1658 Optimal Dynamic R&D Programs
by Gene M. Grossman & Carl Shapiro
- 1657 Economic Effects of Municipal Government Institutions
by Jeffrey S. Zax
- 1656 Who Escapes? The Relation of Church-Going & Other Background Factors to the Socio-Economic Performance of Blk. Male Yths. from Inner-City Pvrty Tracts
by Richard B. Freeman
- 1655 The Indexation of Interest, Depreciation, and Capital Gains: A Model ofInvestment Incentives
by Don Fullerton
- 1654 Time to Build, Option Value, and Investment Decisions
by Saman Majd & Robert S. Pindyck
- 1653 How do Public Sector Wages and Employment Respond to Economic Conditions
by Richard B. Freeman
- 1652 Union Maids: Unions and the Female Workforce
by Richard B. Freeman & Jonathan S. Leonard
- 1651 Country Risk, Foreign Borrowing and the Social Discount Rate in an Open Developing Economy
by Sebastian Edwards
- 1650 Estimates of the Value of Patent Rights in European Countries During thePost-1950 Period
by Mark Schankerman & Ariel Pakes
- 1649 The Effect of Unionism on Productivity in Privately and Publicly Owned Hospitals and Nursing Homes
by Steven G. Allen
- 1648 Unemployment, Disequilibrium, and the Short Run Phillips Curve: An Econometric Approach
by Richard E. Quandt & Harvey S. Rosen
- 1647 Banking in General Equilibrium
by Ben S. Bernanke & Mark L. Gertler
- 1646 Pubic Debt and U.S. Saving: A New Test of the Neutrality Hypothesis
by Michael J. Boskin & Laurence J. Kotlikoff
- 1645 The Efficiency Gains from Social Security Benefit - Tax Linkage
by Alan J. Auerbach & Laurence J. Kotlikoff
- 1644 Is the Strong Dollar Sustainable?
by Paul R. Krugman
- 1643 Estimating the Continuous Time Consumption Based Asset Pricing Model
by Sanford J. Grossman & Angelo Melino & Robert J. Shiller
- 1642 Employment, Hours, and Earnings in the Depression: An Analysis of EightManufacturing Industries
by Ben S. Bernanke
- 1641 Wages in the Federal and Private Sectors
by Steven F. Venti
- 1640 Are Imports to Blame?: Attribution of Injury Under the 1974 Trade Act
by Robert S. Pindyck & Julio J. Rotemberg
- 1639 A Vintage Model of Supply Applied to French Manufacturing
by Pentti J.K. Kouri & Jorge Braga de Macedo & Albert J. Viscio
- 1638 Hours Restrictions and Labor Supply
by William T. Dickens & Shelly J. Lundberg
- 1637 Macroeconomic Interdependence of Japan and the United States: Some Simulation Results
by Naoko Ishii & Warwick J. McKibbin & Jeffrey Sachs
- 1636 The Dollar and the Policy Mix: 1985
by Jeffrey Sachs
- 1635 Implicit Contracts: A Survey
by Sherwin Rosen
- 1634 Small Countries in Monetary Unions: A Two-Tier Model
by Jorge Braga de Macedo
- 1633 Hospital Cost and Efficiency Under Per Service and Per Case Payment in Maryland: A Tale of the Carrot and the Stick
by David S. Salkever & Donald M. Steinwachs & Agnes Rupp
- 1632 On the Limitations of Government Borrowing: A Framework for Empirical Testing
by James D. Hamilton & Marjorie A. Flavin
- 1631 State Personal Income and Sales Taxes: 1977-1983
by Daniel R. Feenberg & Harvey S. Rosen
- 1630 Pure Price Effects of Nonwage Compensation
by Jeffrey S. Zax
- 1629 Borrowing Restrictions and Wealth Constraints: Implications for Aggregate Consumption
by Carl E. Walsh
- 1628 Estimating Neonatal Mortality Rates from the Heights of Children: The Case of American Slaves
by Richard H. Steckel
- 1627 A Tax-Based Test for Nominal Rigidities
by James M. Poterba & Julio J. Rotemberg & Lawrence H. Summers
- 1626 Stock Returns and the Term Structure
by John Y. Campbell
- 1625 Serial Correlation of Asset Returns and Optimal Portfolios for the Long and Short Term
by Stanley Fischer & George Pennacchi
- 1624 The Sensitivity of Labor Demand Functions to Choice of Dependent Variable
by George J. Borjas
- 1623 Aggregate Output with Operating Rates and Inventories as Buffers BetweenVariable Final Demand and Quasi-Fixed Factors
by John F. Helliwell & Alan Chung
- 1622 Pension Funding and Saving
by B. Douglas Bernheim & John B. Shoven
- 1621 A Model for Analyzing Youth Labor Market Policies
by Alan L. Gustman & Thomas L. Steinmeier
- 1620 Education Achievement in Segregated School Systems: The Effects of "Separate-But-Equal"
by Robert A. Margo
- 1619 Credit Rationing and Effective Supply Failures
by Alan S. Blinder
- 1618 Money and Interest in a Cash-in-Advance Economy
by Robert E. Lucas, Jr. & Nancy L. Stokey
- 1617 The Implications of Mean-Variance Optimization for Four Questions in International Macroeconomics
by Jeffrey A. Frankel
- 1616 Do Wages Rise With Job Seniority?
by Joseph G. Altonji & Robert A. Shakotko
- 1615 The Impossibility of Rational Bubbles
by Behzad T. Diba & Herschel I. Grossman
- 1614 Valuation and Optimal Exercise of the Wild Card Option in the Treasury Bond Futures Market
by Alex Kane & Alan J. Marcus
- 1613 On the Negative Correlation Between Performance and Experience and Education
by Andrew Weiss & Henry Landau