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Content
1985
- 1612 Asset Pricing Model Specification and the Term Structure Evidence
by Terry A. Marsh
- 1611 Aspects of Investor Behavior Under Risk
by Benjamin M. Friedman & V. Vance Roley
- 1610 Conventional Valuation and the Term Structure of Interest Rates
by Robert J. Shiller
- 1609 Supply Shocks, Wage Indexation and Monetary Accommodation
by Joshua Aizenman & Jacob A. Frenkel
- 1608 Part-Time Work vs. Full-Time Work of Married Women in Japan
by Tadashi Yamada & Tetsuji Yamada
- 1607 Estimating the Effects of R&D on Bell System Productivity: A Model of Embodied Technical Change
by Roger H. Gordon & Mark Schankerman & Richard H. Spady
- 1606 Some Historical Evidence 1870-1933 on the Impact and International Transmission of Financial Crises
by Michael D. Bordo
- 1605 Paying the Piper, Calling the Tune: Implications of Changes in Reimbursement
by Victor R. Fuchs
- 1604 Does a Flexible Industry Wage Structure Increase Employment?: The U.S. Experience
by Linda A. Bell & Richard B. Freeman
- 1603 Real Aspects of Exchange Rate Regime Choice with Collapsing Fixed Rates
by Robert P. Flood & Robert J. Hodrick
- 1602 How Does the Market Value Unfunded Pension Liabilities?
by Jeremy I. Bulow & Randall Morck & Lawrence H. Summers
- 1601 Ruling Out Nonstationary Speculative Bubbles
by Maurice Obstfeld & Kenneth Rogoff
- 1600 Does the Tax System Favor Investment in High-Tech or Smoke-Stack Industries?
by Don Fullerton & Andrew B. Lyon
- 1599 An Empirical Examination of Municipal Financial Policy
by Roger H. Gordon & Joel Slemrod
- 1598 Capital Flows, Investment, and Exchange Rates
by Alan C. Stockman & Lars E.O. Svensson
- 1597 The Effect of Job Complexity on Job Satisfaction: Evidence From Turnover and Absenteeism
by Andrew Weiss
- 1596 On Consequences and Criticisms of Monetary Targeting
by Bennett T. McCallum
- 1595 High School Graduation, Performance and Earnings
by Andrew Weiss
- 1594 Parsimoneous Modeling of Yield Curves for U.S. Treasury Bills
by Charles R. Nelson & Andrew F. Siegel
- 1593 Optimal Time-Consistent Fiscal Policy with Uncertain Lifetimes
by Guillermo A. Calvo & Maurice Obstfeld
- 1592 The Effect of the Treasury Proposal on Charitable Giving: A Comparison of Constant and Variable Elasticity Models
by Lawrence B. Lindsey
- 1591 Purchasing Power Parity
by Rudiger Dornbusch
- 1590 Exchange Rate Management: Intertemporal Tradoffs
by Elhanan Helpman & Assaf Razin
- 1589 Monetary Information and Interest Rates
by Carl E. Walsh
- 1588 Game Modelling the Tokyo Round of Tariff Negotiations
by Robert E. Baldwin & Richard N. Clarke
- 1587 Shifts in the Nineteenth-Century Phillips Curve Relationship
by John A. James
- 1586 Macroeconomic Stabilization Through Taxation and Indexation: The use ofFirm-Specific Information
by Richard C. Marston & Stephen J. Turnovsky
- 1585 A Disaggregated, Structural Analysis of Retirement by Race, Difficulty of Work and Health
by Alan L. Gustman & Thomas L. Steinmeier
- 1584 International Monetary Policy to Promote Economic Recovery
by Willem H. Buiter
- 1583 On the Complementarity of Commercial Policy, Capital Controls and Inflation Tax
by Joshua Aizenman
- 1582 Labor Relations, Wages and Nonwage Compensation in Municipal Employment
by Jeffrey S. Zax
- 1581 A Variance Bounds Test of the Linear Quardractic Inventory Model
by Kenneth D. West
- 1580 Money Demand Predictability
by V. Vance Roley
- 1579 Firm-Level Policy Toward Older Workers
by Olivia S. Mitchell & Rebecca A. Luzadis
- 1578 Collective Bargaining Laws and Threat Effects of Unionism in the Determination of Police Compenstation
by Richard B. Freeman & Casey Ichniowski & Harrison Lauer
- 1577 The Real Exchange Rate as a Tool of Commercial Policy
by Michael Mussa
- 1576 Exchange Rate and Current Account Dynamics Under Rational Expectations: An Econometric Analysis
by David H. Papell
- 1575 Real Interest Rate, Credit Markets, and Economic Stabilization
by Paul Jenkins & Carl E. Walsh
- 1574 Collective Pegging to a Single Currency: The West African Monetary Union
by Jorge Braga de Macedo
- 1573 Exchange Rate Flexibility and the Transmission of Business Cycles
by Jorge Braga de Macedo & David M. Meerschwam
- 1572 Bank Deregulation, Accounting Systems of Exchange, and the Unit of Account: A Critical Review
by Bennett T. McCallum
- 1571 Macroeconomic Policy Under Currency Inconvertibility
by Jorge Braga de Macedo
- 1570 Commodity Export Prices and the Real Exchange Rate in Developing Countries: Coffee in Colombia
by Sebastian Edwards
- 1569 Market, Government, and Israel's Muted Baby Boom
by Yoram Ben-Porath
- 1568 Notes on the Effect of Capital Gains Taxation on Non-Austrian Assets
by Daniel J. Kovenock & Michael Rothschild
- 1567 Macroeconomics, Income Distribution, and Poverty
by Rebecca M. Blank & Alan S. Blinder
- 1566 Economics of Information and the Theory of Economic Development
by Joseph E. Stiglitz
- 1565 Crowding Out or Crowding In? Evidence on Debt-Equity Substitutability
by Benjamin M. Friedman
- 1564 Adjusting Output and Productivity Indexes for Changes in the Terms of Trade
by W. Erwin Diewert & Catherine J. Morrison
- 1563 Inventories, Stock-Outs, and Production Smoothing
by Andrew B. Abel
- 1562 Education, Welfare, and the "New" Federalism: State Budgeting in a Federalist Public Economy
by Steven G. Craig & Robert P. Inman
- 1561 Productivity Measurement with Nonstatic Expectations and Varying Capacity Utilization: An Integrated Approach
by Catherine J. Morrison
- 1560 Monitoring Costs and Occupational Segregation by Sex: An Historical Analysis
by Claudia Goldin
- 1559 The Usefulness of the Wind-Up Measure of Pension Liabilities: A LabourMarket Perspective
by James E. Pesando
- 1558 Unemployment-Rate Dynamics and Persistent Unemployment Under Rational Expectations
by Michael R. Darby & John C. Haltiwanger & Mark W. Plant
- 1557 The Competitive Position of U.S. Manufacturing Firms
by Robert E. Lipsey & Irving B. Kravis
- 1556 Monetary vs. Fiscal Policy Effects: A Review of the Debate
by Bennett T. McCallum
- 1555 Why Construction Industry Productivity is Declining
by Steven G. Allen
- 1554 Labor and Investment Demand at the Firm Level: A Comparison of French, German and U.S. Manufacturing, 1970-79
by Jacques Mairesse & Brigitte Dormont
- 1553 Valuing the Government's Tax Claim on Risky Corporate Assets
by Saman Majd & Stewart C. Myers
- 1552 Monopolistic Competition and Deviations from PPP
by Joshua Aizenman
- 1551 The Welfare Effects of a Capital Income Tax in an Open Economy
by David G. Hartman
- 1550 On the Optimal Taxation of Capital Income in the Open Economy
by David G. Hartman
- 1549 Dynamic Behavior of Capital Accumulation in a Cash-in-Advance Model
by Andrew B. Abel
- 1548 Pricing Adjustable Rate Mortgages
by Patric H. Hendershott
- 1547 Productivity, R&d, and Basic Research at the Firm Level in the 1970s
by Zvi Griliches
- 1546 Trade Restrictions as Facilitating Practices
by Kala Krishna
- 1545 Portfolio Choice and the Debt-to-Income Relationship
by Benjamin M. Friedman
- 1544 Taxable and Tax-Exempt Interest Rates: The Role of Personal and Corporate Tax Rates
by Joe Peek & James A. Wilcox
- 1543 Short-Term Movements of Long-Term Real Interest Rates: Evidence from the U.K. Indexed Bond Market
by James A. Wilcox
- 1542 Efficient Inflation Forecasts: An International Comparison
by Alex Kane & Leonard Rosenthal
- 1541 The U.S. Capital Stock in the Nineteenth Century
by Robert E. Gallman
- 1540 Determinants of Slave and Crew Mortality in the Atlantic Slave Trade
by Richard H. Steckel & Richard A. Jensen
- 1539 Academic Ability, Earnings, and the Decision to Become a Teacher: Evidence From the National Longitudinal Study of the High School Class of 1972
by Charles F. Manski
- 1538 Workers' Compensation, Wages, and the Risk of Injury
by Ronald G. Ehrenberg
- 1537 Protection and the Product Line: Monopoly and Product Quality
by Kala Krishna
- 1536 On the Economic Interpretation and Measurement of Optimal Capacity Utilization with Anticipatory Expectations
by Catherine J. Morrison
- 1535 Tariffs vs. Quotas with Endogenous Quality
by Kala Krishna
- 1534 Macroeconomic Policies in the OECD and LDC External Adjustmemt
by Jeffrey Sachs & Warwick J. McKibbin
- 1533 Tax Aversion, Deficits and the Tax Rate-Tax Revenue Relationship
by Roger N. Waud
- 1532 On the Interest Rate Elasticity of the Demand for International Reserves: Some Evidence from Developing Coutries
by Sebastian Edwards
- 1531 Interest Rate Determination in Developing Countries: A Conceptual Framework
by Sebastian Edwards & Mohsin S. Khan
1984
- 1530 Asset Returns, Discount Rate Changes and Market Efficiency
by Michael Smirlock & Jess B. Yawitz
- 1529 Discrete Devaluation as a Signal to Price Setters
by Louka T. Katseli
- 1528 Causal Relationships between Infant Mortality and Fertility in Developedand Less Developed Countries
by Tadashi Yamada
- 1527 The International Transmission of Fiscal Expenditures and Budget Deficits in the World Economy
by Jacob A. Frenkel & Assaf Razin
- 1526 Capital Flows, the Current Account, and the Real Exchange Rate: Consequences of Liberalization and Stabilization
by Maurice Obstfeld
- 1525 Pricing Rate Caps on Default-Free Adjustable-Rate Mortgages
by Stephen A. Buser & Patric H. Hendershott & Anthony B. Sanders
- 1524 Tax Reform and Housing
by Patric H. Hendershott & David C. Ling
- 1523 Have U.S. Corporations Grown Financially Weak?
by Robert A. Taggart, Jr.
- 1522 Valuing Financial Flexibility
by Scott P. Mason
- 1521 Debt and Equity Returns Revisited
by Patric H. Hendershott
- 1520 Implications of Government Deficits for Interest Rates, Equity Returns and Corporate Financing
by Benjamin M. Friedman
- 1519 The Economic Effects of the Corporate Income Tax: Changing Revenues and Changing Views
by Alan J. Auerbach
- 1518 Anticipated Budget Deficits and the Term Structure of Interest Rates
by Daniel Valente Dantas & Rudiger Dornbusch
- 1517 Trade and Financial Interdependence Under Flexible Exchange Rates: The Pacific Area
by Jorge Braga de Macedo
- 1516 The Distribution of Prizes in a Match-Play Tournament with Single Eliminations
by Sherwin Rosen
- 1515 The Impact of Assimilation on the Earnings of Immigrants: A Reexamination of the Evidence
by George J. Borjas
- 1514 Pricing and Location of Physician Services in Mental Health
by Richard G. Frank
- 1513 R & D Activities and the Technology Game: A Dynamic Model of U.S.-JapanCompetition
by Ryuzo Sato
- 1512 Foreign-Owned Land
by Jonathan Eaton
- 1511 Life Cycle Annuity Valuation
by B. Douglas Bernheim
- 1510 The Incentive Effects of Private Pension Plans
by Laurence J. Kotlikoff & David A. Wise
- 1509 Bond and Stock Returns in a Simple Exchange Model
by John Y. Campbell
- 1508 A Defense of Traditional Hypotheses About the Term Structure of InterestRates
by John Y. Campbell
- 1507 The Order of Liberalization of the Current and Capital Accounts of the Balance of Payments
by Sebastian Edwards
- 1506 International Coordination in the Design of Macroeconomic Policy Rules
by John B. Taylor
- 1505 Seigniorage, Inflation, and Reputation
by Herschel I. Grossman & John B. Van Huyck
- 1504 The Resolution of the Labor Scarcity Paradox
by John A. James & Jonathan S. Skinner
- 1503 Recent Work on Business Cycles in Historical Perspective: Review of Theories and Evidence
by Victor Zarnowitz
- 1502 The Analysis of Union Behavior
by Henry S. Farber
- 1501 His and Hers: Gender Differences in Work and Income, 1959-1979
by Victor R. Fuchs
- 1500 Macroeconomic Analysis and Microeconomic Analyses of Labor Supply
by Orley Ashenfelter
- 1499 Rent-Seeking and Trade Policy: An Industry Approach
by Robert E. Baldwin
- 1498 Exchange Rates and Economic Recovery in the 1930s
by Barry J. Eichengreen & Jeffrey Sachs
- 1497 Real Balances, the Exchange Rate and Indexation: Real Variables in Disinflation
by Stanley Fischer
- 1496 Planned and Unplanned Bequests
by Daniel S. Hamermesh & Paul L. Menchik
- 1495 The Costs of Worker Displacement
by Daniel S. Hamermesh
- 1494 Imports as a Cause of Injury: The Case of the U.S. Steel Industry
by Gene M. Grossman
- 1493 Use of (Time-Domain) Vector Autoregressions to Test Uncovered Interest Parity
by Takatoshi Ito
- 1492 Looking for the News in the Noise - Additional Stochastic Implications of Optimal Consumption Choice
by Laurence J. Kotlikoff & Ariel Pakes
- 1491 Improvements in Macroeconomic Stability: The Role of Wages and Prices
by John B. Taylor
- 1490 Credibility and Monetary Policy
by Bennett T. McCallum
- 1489 Using the Longitudinal Structure of Earnings to Estimate the Effect of Training Programs
by Orley Ashenfelter & David Card
- 1488 The General Basis of Arbitrator Behavior: An Empirical Analysis of Conventional and Final-Offer Arbitration
by Henry S. Farber & Max H. Bazerman
- 1487 The Value of Intermediate Targets in Implementing Monetary Policy
by Benjamin M. Friedman
- 1486 Rational and Self-Fulfilling Balance-of-Payments Crises
by Maurice Obstfeld
- 1485 The Incidence of the Local Property Tax: A Re-evaluation
by Peter M. Mieszkowski & George R. Zodrow
- 1484 A Stochastic Model of Investment, Marginal q and the Market Value of theFirm
by Andrew B. Abel
- 1483 The Inflationary Process in Israel: Shocks and Accommodation
by Michael Bruno & Stanley Fischer
- 1482 Money, Credit and Interest Rates in the Business Cycle
by Benjamin M. Friedman
- 1481 The New View of the Property Tax: A Reformulation
by Peter M. Mieszkowski & George R. Zodrow
- 1480 Money Growth Variability and Money Supply Interdependence Under InterestRate Control: Some Evidence For Canada
by Michael D. Bordo & Ehsan U. Choudhri & Anna J. Schwartz
- 1479 A Dynamic Specific-Factors Model of International Trade
by Jonathan Eaton
- 1478 Change and Progress in Contemporary Mortgage Markets
by Edward J. Kane
- 1477 Pension Inequality
by Edward P. Lazear & Sherwin Rosen
- 1476 Brothers and Sisters in the Family and the Labor Market
by John Bound & Zvi Griliches & Bronwyn H. Hall
- 1475 Testing Deviations From Purchasing Power Parity (PPP)
by Joshua Aizenman
- 1474 Part-time Employment of Married Women and Fertility in Urban Japan
by Tadashi Yamada & Tetsuji Yamada
- 1473 Rules versus Discretion
by Robert J. Barro
- 1472 Pay Differences Between Women's and Men's Jobs: The Empirical Foundations of Comparable Worth Legislation
by George E. Johnson & Gary Solon
- 1471 Comparable Worth in the Public Sector
by Ronald G. Ehrenberg & Robert S. Smith
- 1470 Developing Country Debt and the Market Value of Large Commercial Banks
by Steven C. Kyle & Jeffrey Sachs
- 1469 Expected Future Tax Policy and Tax-Exempt Bond Yields
by James M. Poterba
- 1468 Wealth and Portfolio Composition: Theory and Evidence
by Mervyn A. King & Jonathan I. Leape
- 1467 How Long is a Spell of Unemployment?: Illusions and Biases in the Use of CPS Data
by Nicholas M. Kiefer & Shelly J. Lundberg & George R. Neumann
- 1466 Argentina Since Martinez De Hoz
by Rudiger Dornbusch
- 1465 International Comparison of the Sources of Productivity Slowdown 1973 1982
by John F. Helliwell & Peter Sturm & Gerard Salou
- 1464 Export Subsidies and International Market Share Rivalry
by James A. Brander & Barbara J. Spencer
- 1463 Host-Country Regulation and Other Determinants of Overseas Operations ofU.S. Motor Vehicle and Parts Companies
by Ksenia Kulchycky & Robert E. Lipsey
- 1462 The Persistence of Volatility and Stock Market Fluctuations
by James M. Poterba & Lawrence H. Summers
- 1461 A General Equilibrium Model of Taxation That Uses Micro-Unit Data: Withan Application to the Impact of Instituting a Flat-Rate Income Tax
by Joel Slemrod
- 1460 An Examination of Aggregate Price Uncertainty in Four Countries and SomeImplications for Real Output
by Richard T. Froyen & Roger N. Waud
- 1459 An Analysis of the Health and Retirement Status of the Elderly
by Robin C. Sickles & Paul J. Taubman
- 1458 The Adjustment Process and the Timing of Trade Liberalization
by Michael Mussa
- 1457 The Economics of Content Protection
by Michael L. Mussa
- 1456 The Capital Inflows Problem Revisited: A Stylized Model of Southern Cone Disinflation
by Maurice Obstfeld
- 1455 Estimating the Covariates of Historical Heights
by James Trussell & Kenneth W. Wachter
- 1454 Patents and R&D: Is There A Lag?
by Bronwyn H. Hall & Zvi Griliches & Jerry A. Hausman
- 1453 The Causes of Inflation
by Frederic S. Mishkin
- 1452 Unionism Comes to the Public Sector
by Richard B. Freeman
- 1451 Financial Intermediation in the United States
by Benjamin M. Friedman
- 1450 The Changing Cyclical Variability of Economic Activity in the United States
by J. Bradford De Long & Lawrence H. Summers
- 1449 Relative Factor Price Changes and Equity Prices
by Peter J. Elmer & Patric H. Hendershott
- 1448 Estimating the Long-Run Relationship Between Interest Rates and Inflation: A Response to McCallum
by Lawrence H. Summers
- 1447 New Estimates of the Value of Federal Mineral Rights and Land
by Michael J. Boskin & Marc S. Robinson & Terrance O'Reilly & Praveen Kumar
- 1446 Retail Pricing and Clearance Sales
by Edward P. Lazear
- 1445 The Use of Expected Future Variables in Macroeconometric Models
by Ray C. Fair
- 1444 Are Business Cycles Symmetric?
by J. Bradford De Long & Lawrence H. Summers
- 1443 Are Tax Cuts Really Expansionary?
by N. Gregory Mankiw & Lawrence H. Summers
- 1442 Theories of Wage Rigidity
by Joseph E. Stiglitz
- 1441 Taxes and Ownership Structure: Corporations, Partnerships and Royalty Trusts
by E. Philip Jones & Robert A. Taggart, Jr.
- 1440 International Policy Coordination in Historical Perspective: A View from the Interwar Years
by Barry J. Eichengreen
- 1439 Debt Policy and the Rate of Return Premium to Leverage
by Alex Kane & Alan J. Marcus & Robert L. McDonald
- 1438 Inter-Country Comparisons of Labor Force Trends and of Related Developments: An Overview
by Jacob Mincer
- 1437 Speculative Attack and the External Constraint in a Maximizing Model of the Balance of Payments
by Maurice Obstfeld
- 1436 Adjusting the Gross Changes Data: Implications for Labor Market Dynamics
by James M. Poterba & Lawrence H. Summers
- 1435 On the Theory of Optimal Taxation in a Growing Economy
by Martin Feldstein
- 1434 Can an Increased Budget Deficit Be Contractionary?
by Martin Feldstein
- 1433 Debt and Taxes in the Theory of Public Finance
by Martin Feldstein
- 1432 Market Demand, Technological Opportunity and Research Spillovers on R&D Intensity and Productivity Growth
by Adam B. Jaffe
- 1431 Tied Wage-Hours Offers and the Endogeneity of Wages
by Shelly J. Lundberg
- 1430 'Precautionary' Saving Revisited: Social Security, Individual Welfare, and the Capital Stock
by R. Glenn Hubbard
- 1429 Fiscal policy in open, interdependent economies
by Willem H. Buiter
- 1428 Securities Activities of U.S. Commercial Bank Affiliates: Lessons from the International Financial Markets
by Richard M. Levich
- 1427 Borrowing Abroad: The Debtor's Perspective
by Richard N. Cooper & Jeffrey Sachs
- 1426 Fixed Investment in the American Business Cycle, 1919-83
by Robert J. Gordon & John M. Veitch
- 1425 Unobservable Family and Individual Contributions to the Distributions ofIncome and Wealth
by J. R. Kearl & Clayne L. Pope
- 1424 Monetary Policy Under Dual Exchange Rates
by Robert E. Cumby
- 1423 The International Linkage of Real Interest Rates: The European - U.S. Connection
by Robert E. Cumby & Frederic S. Mishkin
- 1422 The Open Economy: Implications for Monetary and Fiscal Policy
by Rudiger Dornbusch & Stanley Fischer
- 1421 The Short-Run Demand for Money: A Reconsideration
by Robert J. Gordon
- 1420 Testing the Sorting Model of Education
by Andrew Weiss
- 1419 Raids and Offermatching
by Edward P. Lazear
- 1418 Wages and Working Conditions
by Henry Saffer
- 1417 International Policy Coordination in Dynamic Macroeconomic Models
by Gilles Oudiz & Jeffrey Sachs
- 1416 Notches
by Alan S. Blinder & Harvey S. Rosen
- 1415 Modeling the Term Structure of Interest Rates Under Nonseparable Utilityand Duriability of Goods
by Kenneth B. Dunn & Kenneth J. Singleton