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Content
1998
- 6482 Why Are Process Monitoring Technologies Valuable? The Use of On-Board Information Technology in the Trucking Industry
by Thomas N. Hubbard
- 6481 Differentiated Products Demand Systems from a Combination of Micro and Macro Data: The New Car Market
by Steven Berry & James Levinsohn & Ariel Pakes
- 6480 Thresholds and Context Dependence in Growth
by Atish R. Ghosh & Holger Wolf
- 6479 Illegal Child Labor in the United States: Prevalence and Characteristics
by Douglas Kruse & Douglas Mahony
- 6478 Social Security Benefits of Immigrants and U.S. Born
by Alan L. Gustman & Thomas L. Steinmeier
- 6477 Incremental Trade and Endogenous Growth: A q-Theory Approach
by Richard E. Baldwin & Rikard Forslid
- 6476 Asset Pricing when Risk Sharing is Limited by Default
by Fernando Alvarez & Urban J. Jermann
- 6475 Total Factor Productivity Growth in the Canadian Life Insurance Industry: 1979-1989
by Jeffrey I. Bernstein
- 6474 Negative Expected Value Suits
by Lucian Arye Bebchuk
- 6473 Chapter 11
by Lucian Arye Bebchuk
- 6472 The Uneasy Case for the Priority of Secured Claims in Bankruptcy: Further Thoughts and a Reply to Critics
by Lucian Arye Bebchuk & Jesse Fried
- 6471 Is the Price Level Determined by the Needs of Fiscal Solvency?
by Matthew B. Canzoneri & Robert E. Cumby & Behzad T. Diba
- 6470 Government Debt
by Douglas W. Elmendorf & N. Gregory Mankiw
- 6469 Financial Fragility and the Exchange Rate Regime
by Roberto Chang & Andres Velasco
- 6468 Current Account Sustainability in Transition Economies
by Nouriel Roubini & Paul Wachtel
- 6467 Stock Repurchases and Incentive Compensation
by Christine Jolls
- 6466 Consumption Demand
by Orazio P. Attanasio
- 6465 Transition to and Tax Rate Flexibility in a Cash-Flow Type Tax
by David F. Bradford
- 6464 The Cost-Effectiveness of Alternative Instruments for Environmental Protection in a Second-Best Setting
by Lawrence H. Goulder & Ian W. H. Parry & Roberton C. Williams III & Dallas Burtraw
- 6463 An Empirical Analysis of the Potential for Market Power in California's Electricity Industry
by Severin Borenstein & James Bushnell
- 6462 Tax Policy and Human Capital Formation
by James J. Heckman & Lance Lochner & Christopher Taber
- 6461 The Value of MFN Treatment
by Madanmohan Ghosh & Carlo Perroni & John Whalley
- 6460 The Institutional Context and Manufacturing Performance: The Case of the U.S. Defense Industrial Network
by Maryellen R. Kelley & Cynthia R. Cook
- 6459 Agglomeration and Endogenous Capital
by Richard E. Baldwin
- 6458 Global Income Divergence, Trade and Industrialization: The Geography of Growth Take-Offs
by Richard E. Baldwin & Philippe Martin & Gianmarco I. P. Ottaviano
- 6457 Household Savings in Transition Economies
by Cevdet Denizer & Holger C. Wolf
- 6456 Indeterminacy, Bubbles, and the Fiscal Theory of Price Level Determination
by Bennett T. McCallum
- 6455 The Financial Accelerator in a Quantitative Business Cycle Framework
by Ben Bernanke & Mark Gertler & Simon Gilchrist
- 6454 A Theory of Wage and Promotion Dynamics in Internal Labor Markets
by Robert Gibbons & Michael Waldman
- 6453 Universal Service in the Digital Age: The Commercialization and Geography of U.S. Internet Access
by Shane Greenstein
- 6452 Transparency and Credibility: Monetary Policy with Unobservable Goals
by Jon Faust & Lars E. O. Svensson
- 6451 A Contracting-Theory Interpretation of the Origins of Federal Deposit Insurance
by Edward J. Kane & Berry K. Wilson
- 6450 Assessing the Bias in the Consumer Price Index from Survey Data
by Alan B. Krueger & Aaron Siskind
- 6449 Would Financial Incentives for Leaving Welfare Lead Some People to Stay on Welfare Longer? An Experimental Evaluation of 'Entry Effects' in the SSP
by David Card & Philip K. Robins & Winston Lin
- 6448 Contracts, Intellectual Property Rights, and Multinational Investment in Developing Countries
by James R. Markusen
- 6447 An International Comparison of Generational Accounts
by Laurence J. Kotlikoff & Willi Leibfritz
- 6446 Meritocracy in America: An Examination of Wages Within and Across Occupations
by John Cawley & James Heckman & Edward Vytlacil
- 6445 Cyclical Movements in Wages and Consumption in a Bargaining Model of Unemployment
by Julio J. Rotemberg
- 6444 The Behavioral Economics of Smoking
by Warren K. Bickel & Gregory J. Madden
- 6443 The Effects of Price Changes on Alcohol Consumption in Alcohol-Experienced Rats
by Jeffrey K. Sarbaum & Solomon W. Polachek & Norman E. Spear
- 6442 Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory
by Richard Clarida & Jordi Gali & Mark Gertler
- 6441 Capital Inflows into Latin America: A Stop-Go Story?
by Sebastian Edwards
- 6440 Changing the Price of Pork: The Impact of Local Cost Sharing on Legislators' Demand for Distributive Public Goods
by Alison F. DelRossi & Robert P. Inman
- 6439 Human Capital and Social Capital: The Rise of Secondary Schooling in America, 1910 to 1940
by Claudia Goldin & Lawrence F. Katz
- 6438 Understanding the U.S. Export Boom
by Andrew B. Bernard & J. Bradford Jensen
- 6437 The Induced Innovation Hypothesis and Energy-Saving Technological Change
by Richard G. Newell & Adam B. Jaffe & Robert N. Stavins
- 6436 The Rise and Fall of a Barbarous Relic: The Role of Gold in the International Monetary SYstem
by Michael D. Bordo & Barry Eichengreen
- 6435 The Tax Benefits of Not-for-Profit Hospitals
by William N. Gentry & John R. Penrod
- 6434 Conditional Market Timing with Benchmark Investors
by Connie Becker & Wayne Ferson & David Myers & Michael Schill
- 6433 Fundamental Tax Reform and Corporate Financial Policy
by William M. Gentry & R. Glenn Hubbard
- 6432 Demographic Differentials in the Demand for Alcohol and Illicit Drugs
by Henry Saffer & Frank Chaloupka
- 6430 Opting Out of Social Security and Adverse Selection
by Laurence J. Kotlikoff & Kent A. Smetters & Jan Walliser
- 6429 Market Potential, Increasing Returns, and Geographic Concentration
by Gordon H. Hanson
- 6428 Social Security: Privatization and Progressivity
by Laurence J. Kotlikoff & Kent A. Smetters & Jan Walliser
- 6427 Hedge Funds and the Asian Currency Crisis of 1997
by Stephen J. Brown & William N. Goetzmann & James Park
- 6426 General Equilibrium Treatment Effects: A Study of Tuition Policy
by James J. Heckman & Lance Lochner & Christopher Taber
- 6425 The Rise of Multiunit Firms in U.S. Manufacturing
by Sukkoo Kim
- 6424 The Emergence of the Euro as an International Currency
by Richard Portes & Helene Rey
- 6423 Does Spending on Medical Services Change as HMOs Grow and Mature?
by Patricia Born & Rosalie Liccardo Pacula
- 6422 The New Empirics of Economic Growth
by Steven N. Durlauf & Danny T. Quah
- 6421 Cooperatives vs. Outside Ownership
by Oliver Hart & John Moore
- 6420 Nonlinear Aggregate Investment Dynamics: Theory and Evidence
by Ricardo J. Caballero & Eduardo M.R.A. Engel
- 6419 The Unequal Work Day: A Long-Term View
by Dora L. Costa
- 6418 Social Action, Private Choice, and Philanthropy: Understanding the Sources of Improvements in Black Schooling in Georgia, 1911-1960
by John Donohue III & James J. Heckman & Petra E. Todd
- 6417 Price Indexes for the Treatment of Depression
by Richard G. Frank & Ernst R. Berndt & Susan H. Busch
- 6416 Vintage Capital and Inequality
by Boyan Jovanovic
- 6415 A Behavioral Economic Analysis of Polydrug Abuse in Heroin Addicts
by Nancy M. Petry & Warren K. Bickel
- 6414 Fundamentals or Population Dynamics and the Geographic Distribution of U.S. Biotechnology Enterprises, 1976-1989
by Lynne G. Zucker & Michael R. Darby & Yusheng Peng
- 6413 High Water Marks
by William N. Goetzmann & Jonathan Ingersoll, Jr. & Stephen A. Ross
- 6412 Positive Portfolio Factors
by Stephen J. Brown & William N. Goetzmann & Mark Grinblatt
- 6411 The Demand for Cocaine and Marijuana by Youth
by Frank J. Chaloupka & Michael Grossman & John A. Tauras
- 6410 Delayed Reward Discounting in Alcohol Abuse
by Rudy E. Vuchinich & Cathy A. Simpson
- 6409 Reconciling Asymmetric Information and Divergent Expectations Theories of Litigation
by Joel Waldfogel
- 6408 What Explains Changing Spreads on Emerging-Market Debt: Fundamentals or Market Sentiment?
by Barry Eichengreen & Ashoka Mody
- 6407 Income Alters the Relative Reinforcing Effects of Drug and Nondrug Reinforcers
by Marilyn E. Carroll
- 6406 Does Drug Use Cause Poverty?
by Robert Kaestner
- 6405 Internationalized Production in Developed and Developing Countries and in Industry Sectors
by Robert E. Lipsey
- 6404 Measuring Real Investment: Trends in the United States and International Comparisons
by Milka S. Kirova & Robert S. Lipsey
- 6403 Human Capital and Predation: A Positive Theory of Educational Policy
by Herschel I. Grossman & Minseong Kim
- 6402 Employment as a Drug Abuse Treatment Intervention: A Behavioral Economic Analysis
by Kenneth Silverman & Elias Robles
- 6401 Are Alcoholics in Bad Jobs?
by Don Kenkel & Ping Wang
- 6400 Monetary Policy Shocks: What Have We Learned and to What End?
by Lawrence J. Christiano & Martin Eichenbaum & Charles L. Evans
- 6399 Capital Gains Taxation and Tax Avoidance: New Evidence from Panel Data
by Alan J. Auerbach & Leonard E. Burman & Jonathan Siegel
- 6398 Did Unilateral Divorce Raise Divorce Rates? Evidence from Panel Data
by Leora Friedberg
- 6397 Unit Roots, Postwar Slowdowns and Long-Run Growth: Evidence from Two Structural Breaks
by Dan Ben-David & Robin L. Lumsdaine & David H. Papell
- 6396 The Young Person's Guide to Neutrality, Price Level Indeterminacy, Interest Rate Pegs, and Fiscal Theories of the Price Level
by Willem H. Buiter
- 6395 It's Not About the Money: Why Natural Experiments Don't Work on the Rich
by Austan Goolsbee
- 6394 Career Concerns of Mutual Fund Managers
by Judith Chevalier & Glenn Ellison
- 6393 Does Schooling Cause Growth or the Other Way Around?
by Mark Bils & Peter J. Klenow
- 6392 The Business Cycle, Financial Performance, and the Retirement of Capital Goods
by Austan Goolsbee
- 6391 Estimating the Impact of the GED on the Earnings of Young Dropouts Using a Series of Natural Experiments
by John H. Tyler & Richard J. Murnane & John B. Willett
- 6389 Owner-Occupied Housing and the Composition of the Household Portfolio Over the Life-Cycle
by Marjorie Flavin & Takashi Yamashita
- 6388 Understanding the Role of Cognitive Ability in Accounting for the Recent Rise in the Economic Return to Education
by John Cawley & James Heckman & Edward Vytlacil
- 6387 Measuring Market Power in the Ready-to-Eat Cereal Industry
by Aviv Nevo
- 6386 A Reanalysis of the Effect of the New Jersey Minimum Wage Increase on the Fast-Food Industry with Representative Payroll Data
by David Card & Alan B. Krueger
- 6385 Life Cycle Schooling and Dynamic Selection Bias: Models and Evidence for Five Cohorts
by Stephen V. Cameron & James J. Heckman
- 6384 Explaining Rising Wage Inequality: Explorations with a Dynamic General Equilibrium Model of Labor Earnings with Heterogeneous Agents
by James J. Heckman & Lance Lochner & Christopher Taber
- 6383 Has U.S. Investment Abroad Become More Sensitive to Tax Rates?
by Rosanne Altshuler & Harry Grubert & T. Scott Newlon
- 6382 International Portfolio Diversification and Labor/Leisure Choice
by Urban J. Jermann
- 6381 Stock Market Volatility: Ten Years After the Crash
by G. William Schwert
- 6380 Perspectives on the Recent Currency Crisis Literature
by Robert Flood & Nancy Marion
- 6379 Predictable Changes in Yields and Forward Rates
by David Backus & Silverio Foresi & Abon Mozumdar & Liuren Wu
- 6378 Theories of the Distribution of Labor Earnings
by Derek Neal & Sherwin Rosen
- 6377 Nonprofit Production and Competition
by Darius Lakdawalla & Tomas Philipson
- 6376 Is Trade Policy for Sale? Congressional Voting on Recent Trade Bills
by Robert E. Baldwin & Christopher S. Magee
- 6375 Human Behavior and the Efficiency of the Financial System
by Robert J. Shiller
- 6374 Entrepreneurs, Income Taxes, and Investment
by Robert Carroll & Douglas Holtz-Eakin & Mark Rider & Harvey S. Rosen
- 6373 Expandability, Reversibility, and Optimal Capacity Choice
by Avinash K. Dixit & Robert S. Pindyck
- 6372 Consumption Smoothing through Fiscal Policy in OECD and EU Countries
by Adriana Arreaza & Bent E. Sorensen & Oved Yosha
- 6371 Modeling Money
by Lawrence J. Christiano & Martin Eichenbaum & Charles L. Evans
- 6370 Staying Afloat When the Wind Shifts: External Factors and Emerging-Market Banking Crises
by Barry Eichengreen & Andrew K. Rose
- 6369 The Immediate Challenges for the European Central Bank
by Rudiger Dornbusch & Carlo A. Favero & Francesco Giavazzi
- 6368 The Cost of Diversity: The Diversification Discount and Inefficient Investment
by Raghuram Rajan & Henri Servaes & Luigi Zingales
- 6366 The Introduction of Pharmaceutical Product Patents in India: "Heartless Exploitation of the Poor and Suffering"?
by Jean O. Lanjouw
- 6365 Another Look at the Capitalization of Interest Subsidies: Evidence from Sweden
by Tommy Berger & Peter Englund & Patric H. Hendershott & Bengt Turner
- 6364 Democracies Pay Higher Wages
by Dani Rodrik
- 6363 Incentives and Social Capital: Are Homeowners Better Citizens?
by Denise DiPasquale & Edward L. Glaeser
- 6362 School Quality and the Longer-Term Effects of Head Start
by Janet Currie & Duncan Thomas
- 6361 Do Sentencing Guidelines Raise the Cost of Punishment?
by Jose Meade & Joel Waldfogel
- 6360 Capturing Technological Opportunity via Japan's Star Scientists: Evidence from Japanese Firms' Biotech Patents and Products
by Lynne G. Zucker & Michael R. Darby
- 6358 Institutional Arrangements and Fiscal Performance: The Latin American Experience
by Ernesto Stein & Ernesto Talvi & Alejandro Grisanti
- 6357 The Structure of Wages and Investment in General Training
by Daron Acemoglu & Jorn-Steffen Pischke
- 6356 Indexed Units of Account: Theory and Assessment of Historical Experience
by Robert J. Shiller
- 6355 Taxes and Employment Subsidies in Optimal Redistribution Programs
by Paul Beaudry & Charles Blackorby
- 6354 Asset Pricing with Distorted Beliefs: Are Equity Returns Too Good To Be True?
by Stephen G. Cecchetti & Pok-sang Lam & Nelson C. Mark
- 6353 The Introduction of Crack Cocaine and the Rise in Urban Crime Rates
by Jeff Grogger & Mike Willis
- 6352 The Dark Side of Internal Capital Markets II: Evidence from Diversified Conglomerates
by David S. Scharfstein
- 6351 International Home Bias in International Finance and Business Cycles
by Karen K. Lewis
- 6350 Where Did All The Growth Go? External Shocks, Social Conflict, and Growth Collapses
by Dani Rodrik
- 6349 VAT Base Broadening, Self Supply, and The Informal Sector
by John Piggott & John Whalley
- 6348 Adolescent Alcohol and Marijuana Consumption: Is There Really a Gateway Effect?
by Rosalie Liccardo Pacula
- 6347 The Japanese Open-End Fund Puzzle
by Stephen J. Brown & William N. Goetzmann & Takato Hiraki & Toshiyuki Otsuki & Noriyoshi Shiraishi
- 6346 The Effects of Malpractice Pressure and Liability Reforms on Physicians' Perceptions of Medical Care
by Daniel P. Kessler & Mark McClellan
- 6207 Where is the Market Going? Uncertain Facts and Novel Theories
by John H. Cochrane
- 6150 The Political Economy of the European Economic and Monetary Union: Political Sources of an Economic Liability
by Martin Feldstein
- 6126 Inflation Targeting: Lessons from Four Countries
by Frederic S. Mishkin & Adam S. Posen
- 6122 Strategies for Controlling Inflation
by Frederic S. Mishkin
1997
- 6345 Inter vivos Transfers and Intended Bequests
by Kathleen McGarry
- 6344 Foreign Direct Investment, Trade and Real Exchange Rate Linkages in Developing Countries
by Linda S. Goldberg & Michael W. Klein
- 6343 What Causes Public Assistance Caseloads to Grow?
by Rebecca M. Blank
- 6342 Estimating Adjustment Costs with Data on Heterogeneous Capital Goods
by Austan Goolsbee & David B. Gross
- 6341 Electoral Institutions, Cabinet Negotiations, and Budget Deficits in the European Union
by Mark Hallerberg & Jurgen von Hagen
- 6339 Quantitative Implications of the Home Bias: Foreign Underinvestment, Domestic Oversaving, and Corrective Taxation
by Assaf Razin & Efraim Sadka & Chi-Wa Yuen
- 6338 Channeling Domestic Savings into Productive Investment Under Asymmetric Information: The Essential Role of Foreign Direct Investment
by Assaf Razin & Efraim Sadka & Chi-Wa Yuen
- 6337 The Estate Tax and After-Tax Investment Returns
by James Poterba
- 6336 A Model of Endogenous Fiscal Deficits and Delayed Fiscal Reforms
by Andres Velasco
- 6335 Economic Integration and Convergence: U.S. Regions, 1840-1987
by Sukkoo Kim
- 6334 The Mexican Peso Crisis? How Much Did We Know? When Did We Know It?
by Sebastian Edwards
- 6333 What Happens When You Tax the Rich? Evidence from Executive Compensation
by Austan Goolsbee
- 6332 Hong Kong's Business Regulation in Transition
by Changqi Wu & Leonard K. Cheng
- 6331 The Careers of Modern Artists: Evidence from Auctions of Contemporary Paintings
by David W. Galenson
- 6330 Has Job Stability Declined Yet? New Evidence for the 1990's
by David Neumark & Daniel Polsky & Daniel Hansen
- 6329 Political Economics and Macroeconomic Policy
by Torsten Persson & Guido Tabellini
- 6328 The Determinants of Child Care Workers' Wages and Compensation: Sectoral Differences, Human Capital, Race, Insiders and Outsiders
by H. Naci Mocan & Deborah Viola
- 6327 Whither the World Bank and the IMF?
by Anne O. Krueger
- 6326 Pecuniary Incentives to Work in the U.S. during World War II
by Casey B. Mulligan
- 6325 The Central Tendency: A Second Factor in Bond Yields
by Pierluigi Balduzzi & Sanjiv Ranjan Das & Silverio Foresi
- 6324 A Unified Theory of Underreaction, Momentum Trading and Overreaction in Asset Markets
by Harrison Hong & Jeremy C. Stein
- 6323 How the Changing Market Structure of U.S. Higher Education Explains College Tuition
by Caroline M. Hoxby
- 6322 Regions, Resources, and Economic Geography: Sources of U.S. Regional Comparative Advantage, 1880-1987
by Sukkoo Kim
- 6321 Market Forces and Sex Discrimination
by Judith K. Hellerstein & David Neumark & Kenneth R. Troske
- 6320 Volatility and Financial Intermediation
by Joshua Aizenman & Andrew Powell
- 6318 Unions and Managerial Pay
by John DiNardo & Kevin Hallock & Jorn-Steffen Pischke
- 6317 Myopia and Inconsistency in the Neoclassical Growth Model
by Robert J. Barro
- 6316 After Chile, What? Second-Round Pension Reforms in Latin America
by Olivia S. Mitchell & Flavio Ataliba Barreto
- 6315 Inventories
by Valerie A. Ramey & Kenneth D. West
- 6314 NIMBY Taxes Matter: State Taxes and Interstate Hazardous Waste Shipments
by Arik Levinson
- 6312 Foreign Speculators and Emerging Equity Markets
by Geert Bekaert & Campbell R. Harvey
- 6311 Managing the Public Debt in Fiscal Stabilizations: The Evidence
by Alessandro Missale & Francesco Giavazzi & Pierpaolo Benigno
- 6310 Sharp Reductions in Current Account Deficits: An Empirical Analyis
by Gian Maria Milesi-Ferretti & Assaf Razin
- 6309 Corporate Governance
by Luigi Zingales
- 6308 Social Security and Retirement in Canada
by Jonathan Gruber
- 6307 Welfare and Macroeconomic Interdependence
by Giancarlo Corsetti & Paolo Pesenti
- 6306 Central Bank Policy Rules: Conceptual Issues and Practical Considerations
by Stephen G. Cecchetti
- 6305 Are Public Housing Projects Good for Kids?
by Janet Currie & Aaron Yelowitz
- 6304 Patent Buy-Outs: A Mechanism for Encouraging Innovation
by Michael Kremer
- 6303 The Effect of Means-Tested Income Support for the Elderly on Pre-Retirement Saving: Evidence from the SSI Program in the U.S
by David Neumark & Elizabeth Powers
- 6302 Argentina and the World Capital Market: Saving, Investment, and International Capital Mobility in the Twentieth Century
by Alan M. Taylor
- 6301 Predation, Efficiency, and Inequality
by Herschel I. Grossman & Minseong Kim
- 6300 A Model of Crises in Emerging Markets
by Michael P. Dooley
- 6299 band Labor Demand: Evidence from the South Coast Air Basin
by Eli Berman & Linda T. Bui
- 6298 Death to the Log-Linearized Consumption Euler Equation! (And Very Poor Health to the Second-Order Approximation)
by Christopher D. Carroll
- 6297 Stylized Facts of Patent Litigation: Value, Scope and Ownership
by Jean O. Lanjouw & Mark Schankerman
- 6296 The Enforcement of Intellectual Property Rights: A Survey of the Empirical Literature
by Jean O. Lanjouw & Josh Lerner
- 6294 Market Access and Welfare Effects of Piecemeal Policy Reform
by Jiandong Ju & Kala Krishna
- 6293 The Competitive Effects of Transmission Capacity in a Deregulated Electricity Industry
by Severin Borenstein & James Bushnell & Steven Stoft
- 6292 Transition Issues for the European Monetary Union
by Willem H. Buiter & Anne C. Sibert
- 6291 The Alleged Instability of Nominal Income Targeting
by Bennett T. McCallum
- 6290 The Past, Present, and Future of Macroeconomic Forecasting
by Francis X. Diebold
- 6289 "Make Us a King": Anarchy, Predation, and the State
by Herschel I. Grossman
- 6288 The Sources of Regional Variation in the Severity of the Great Depression: Evidence from U.S. Manufacturing, 1919-1937
by Joshua L. Rosenbloom & William A. Sundstrom
- 6287 The Market and the Estimators: Forecasting the Cost of Medicare Catastrophic Coverage
by Sherry Glied & Tama Brooks
- 6286 Debts and Deficits with Fragmented Fiscal Policymaking
by Andres Velasco
- 6285 Population and Ideas: A Theory of Endogenous Growth
by Charles I. Jones
- 6284 The Upcoming Slowdown in U.S. Economic Growth
by Charles I. Jones
- 6282 Apocalypse Now? Fundamental Tax Reform and Residential Housing Values
by Donald Bruce & Douglas Holtz-Eakin
- 6281 The Redistributive Effects of Transfers
by Keshab Bhattarai & John Whalley
- 6280 Discreteness and the Welfare Cost of Labor Supply Tax Distortions
by Keshab Bhattarai & John Whalley