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Content
1994
- 4886 Debt and Seniority: An Analysis of the Role of Hard Claims in Constraining Management
by Oliver Hart & John Moore
- 4885 Fiscal Policies, Capital Formation, and Capitalism
by Martin Feldstein
- 4884 Precautionary Saving and Social Insurance
by R. Glenn Hubbard & Jonathan Skinner & Stephen P. Zeldes
- 4883 Income Distribution and Public Education: A Dynamic Quantitative Evaluation of School Finance Reform
by Raquel Fernandez & Richard Rogerson
- 4882 Optimal Taxation of Human and Physical Capital in Endogenous Capital Models
by Nouriel Roubini & Gian Maria Milesi-Ferrett
- 4881 Taxation and Endogenous Growth in Open Economies
by Nouriel Roubini & Gian Maria Milesi-Ferrett
- 4880 Health Insurance and the Supply of Entrepreneurs
by Douglas Holtz-Eakin & John R. Penrod & Harvey S. Rosen
- 4879 Market Failure in Small Group Health Insurance
by David Cutler
- 4878 The Attraction of Foreign Manufacturing Investments: Investment Promotion and Agglomeration Economies
by Keith Head & John C. Ries & Deborah L. Swenson
- 4877 Electoral Competition and Special Interest Politics
by Gene Grossman & Elhanan Helpman
- 4876 Foreign Investment with Endogenous Protection
by Gene Grossman & Elhanan Helpman
- 4875 What Do We Know About Capital Structure? Some Evidence from International Data
by Raghuram G. Rajan & Luigi Zingales
- 4874 Following in Her Footsteps? Women's Choices of College Majors and Faculty Gender Composition
by Brandice J. Canes & Harvey S. Rosen
- 4873 Credit Markets and the Welfare Costs of Inflation
by Jose De Gregorio & Federico Sturzenegger
- 4872 Immigration and Welfare, 1970-1990
by George J. Borjas
- 4871 Estimating and Interpreting Forward Interest Rates: Sweden 1992 - 1994
by Lars E.O. Svensson
- 4870 What Does the Political Economy Literature on Trade Policy (Not) Tell UsThat We Ought To Know?
by Dani Rodrik
- 4869 The Effect of Taxes on Investment and Income Shifting to Puerto Rico
by Harry Grubert & Joel Slemrod
- 4868 A Note on Subsidizing Gifts
by Louis Kaplow
- 4867 The Seesaw Principle in International Tax Policy
by Joel Slemrod & Carl Hansen & Roger Procter
- 4866 Assimilation and Changes in Cohort Quality Revisited: What Happened to Immigrant Earnings in the 1980s?
by George J. Borjas
- 4865 A Survey of Empirical Research on Nominal Exchange Rates
by Jeffrey A. Frankel & Andrew K. Rose
- 4864 Effective Tax Rates in Macroeconomics: Cross-Country Estimates of Tax Rates on Factor Incomes and Consumption
by Enrique G. Mendoza & Assaf Razin & Linda L. Tesar
- 4863 Mark-Up Pricing in Mergers and Acquisitions
by G. William Schwert
- 4862 Distributional Effects on a Lifetime Basis
by Don Fullerton & Diane Lim Rogers
- 4861 Equity and Time to Sale in the Real Estate Market
by David Genesove & Christopher J. Mayer
- 4860 The Specie Standard as a Contingent Rule: Some Evidence for Core and Peripheral Countries, 1880-1990
by Michael D. Bordo & Anna J. Schwartz
- 4859 Job Stability in the United States
by Francis X. Diebold & David Neumark & Daniel Polsky
- 4858 Noise Trading, Delegated Portfolio Management, and Economic Welfare
by James Dow & Gary Gorton
- 4857 An Asset Allocation Puzzle
by Niko Canner & N. Gregory Mankiw & David N. Weil
- 4856 A Theory of the Welfare State
by Hans-Werner Sinn
- 4855 Sticky Prices: New Evidence from Retail Catalogs
by Anil K. Kashyap
- 4854 A Time to Sow and a Time to Reap: Growth Based on General Purpose Technologies
by Elhanan Helpman & Manuel Trajtenberg
- 4853 State Abortion Rates: The Impact of Policies, Providers, Politics, Demographics, and Economic Environment
by Rebecca M. Blank & Christine C. George & Rebecca A. London
- 4852 A Major Risk Approach to Health Insurance Reform
by Martin Feldstein & Jonathan Gruber
- 4851 Tax Policy and International Capital Flows
by Martin Feldstein
- 4850 Issues Concerning Nominal Anchors for Monetary Policy
by Robert Flood & Michael Mussa
- 4849 Threats and Promises
by Jonathan Eaton & Maxim Engers
- 4848 Commercial Paper, Corporate Finance, and the Business Cycle: A Microeconomic Perspective
by Charles W. Calomiris & Charles P. Himmelberg & Paul Wachtel
- 4847 Trade Liberalization and Trade Adjustment Assistance
by K.C. Fung & Robert W. Staiger
- 4846 Differences in the Uses and Effects of Antidumping Law Across Import Sources
by Robert W. Staiger & Frank A. Wolak
- 4845 Infrastructure and Public R&D Investments, and the Growth of Factor Productivity in US Manufacturing Industries
by M. Ishaq Nadiri & Theofanis P. Mamuneas
- 4844 Investment in U.S. Education and Training
by Jacob Mincer
- 4843 Time-Varying World Market Integration
by Geert Bekaert & Campbell R. Harvey
- 4842 Passthrough of Exchange Rates and Purchasing Power Parity
by Robert C. Feenstra & Jon D. Kendall
- 4841 Bias in U.S. Import Prices and Demand
by Robert C. Feenstra & Clinton R. Shiells
- 4840 Geographic Concentration in U.S. Manufacturing Industries: A Dartboard Approach
by Glenn Ellison & Edward L. Glaeser
- 4839 Are Windfalls a Curse? A Non-Representative Agent Model of the Current Account and Fiscal Policy
by Aaron Tornell & Philip Lane
- 4838 The Production of Human Capital and the Lifecycle of Earnings: Variations on a Theme
by Jacob Mincer
- 4837 Why is Inflation Skewed? A Debt and Volatility Story
by Joshua Aizenman & Ricardo Hausmann
- 4836 Trade, Multinationals, & Labor
by Robert Z. Lawrence
- 4835 Economic Consequences of a Changing Litigation Environment: The Case of Patents
by Jean Olson Lanjouw
- 4834 The Distribution of Exchange Rates in the EMS
by Charles Engel & Craig S. Hakkio
- 4833 Models of Energy Use: Putty-Putty versus Putty-Clay
by Andrew Atkeson & Patrick J. Kehoe
- 4832 Earnings, Schooling, and Ability Revisited
by David Card
- 4831 New Evidence on Workplace Education
by Alan Krueger & Cecilia Rouse
- 4830 Home Equity Insurance
by Robert J. Shiller & Allan N. Weiss
- 4829 How Wide is the Border?
by Charles Engel & John H. Rogers
- 4828 The New Economics of Teachers and Education
by Frederick Flyer & Sherwin Rosen
- 4827 Young Workers, Old Workers, and Convergence
by Michael Kremer & Jim Thomson
- 4826 Costs, Institutional Mobility Barriers, and Market Structure: Advertising Agencies as Multiproduct Firms
by Alvin J. Silk & Ernst R. Berndt
- 4825 Firing Costs, Employment Fluctuations and Average Employment: An Examination of Germany
by Jennifer Hunt
- 4824 Infrastructure in a Structural Model of Economic Growth
by Douglas Holtz-Eakin & Amy Ellen Schwartz
- 4823 The Transfer of Human Capital
by Boyan Jovanovic & Yaw Nyarko
- 4822 Optimal Regulation of Multiply-Regulated Industries: The Case of Physician Services
by John A. Rizzo & Jody L. Sindelar
- 4821 The Impact of Monetary Policy on Bank Balance Sheets
by Anil K. Kashyap & Jeremy C. Stein
- 4820 The Tax Unit and Household Production
by John Piggott & John Whalley
- 4819 Financial Intermediation and Aggregate Fluctuations: A Quantative Analysis
by Russell Cooper & Joao Ejarque
- 4818 The Time Variation of Risk and Return in Foreign Exchange Markets: A General Equilibrium Perspective
by Geert Bekaert
- 4817 Intermediate Goods and Business Cycles: Implications for Productivity and Welfare
by Susanto Basu
- 4816 Reference Point Dependence for Specification Bias from Quality Upgrading
by Eric Hutton & John Whalley
- 4815 Foreign Direct Investment, Exchange Rate Variability and Demand Uncertainty
by Linda S. Goldberg & Charles D. Kolstad
- 4814 The Macroeconomics of the Great Depression: A Comparative Approach
by Ben S. Bernanke
- 4813 Retirement Research Using the Health and Retirement Survey
by Alan L. Gustman & Olivia S. Mitchell & Thomas L. Steinmeier
- 4812 Productivity Measurement for a Distribution Firm
by W. Erwin Diewert & Ann Marie Smith
- 4811 The Intertemporal Allocation of Consumption: Theory and Evidence
by Orazio P. Attanasio
- 4810 The Welfare State and Competitiveness
by Alberto Alesina & Roberto Perotti
- 4809 The Real Exchange Rate and Fiscal Policy During the Gold Standard PeriodEvidence from the United States and Great Britain
by Graciela L. Kaminsky & Michael Klein
- 4808 Why Do Americans and Germans Work Different Hours?
by Linda Bell & Richard Freeman
- 4807 Terms of Trade, Productivity, and the Real Exchange Rate
by Jose De Gregorio & Holger C. Wolf
- 4806 Pricing in International Markets: Lessons From The Economist
by Atish R. Ghosh & Holger C. Wolf
- 4805 How Many Monies? A Genetic Approach to Finding Optimum Currency Areas
by Atish R. Ghosh & Holger C. Wolf
- 4804 High-Cost Domestic Joint Ventures and International Competition: Do Domestic Firms Gain?
by Ruth R. Raubitschek & Barbara J. Spencer
- 4803 A Working Model for Predicting the Consumption and Revenue Impacts of Large Increases in the U.S. Federal Cigarette Excise Tax
by Jeffrey E. Harris
- 4802 An Evaluation of the Swedish Active Labor Market Policy: New and Received Wisdom
by Anders Forslund & Alan B. Krueger
- 4801 Over-the-Counter Derivatives and Systemic Risk to the Global Financial System
by Michael R. Darby
- 4800 Leverage as a State Variable for Employment, Inventory Accumulation, andFixed Investment
by Charles W. Calomiris & Athanasios Orphanides & Steven A. Sharpe
- 4799 Trade Barriers and Trade Flows across Countries and Industries
by Jong-Wha Lee & Phillip Swagel
- 4798 Education, Income Distribution and Growth: The Local Connection
by Roland Benabou
- 4797 Do Unions Make Enterprises Insolvent?
by Richard B. Freeman & Morris M. Kleiner
- 4796 Why is Capital so Immobile Internationally?: Possible Explanations and Implications for Capital Income Taxation
by Roger H. Gordon & A. Lans Bovenberg
- 4795 Is Consumption Growth Consistent with Intertemporal Optimization? Evidence from the Consumer Expenditure Survey
by Orazio P. Attanasio & Guglielmo Weber
- 4794 Work and Crime: An Exploration Using Panel Data
by Ann Dryden Witte & Helen Tauchen
- 4793 Capital Flight, External Debt and Domestic Policies
by Michael P. Dooley & Kenneth M. Kletzer
- 4792 Recent Private Capital Inflows to Developing Countries: Is the Debt Crisis History?
by Michael P. Dooley & Eduardo Fernandez-Arias & Kenneth M. Kletzer
- 4791 The Ethnic and Racial Character of Self-Employment
by Robert W. Fairlie & Bruce D. Meyer
- 4790 Agricultural Interest Groups and the North American Free Trade Agreement
by David Orden
- 4789 The Financial Accelerator and the Flight to Quality
by Ben Bernanke & Mark Gertler & Simon Gilchrist
- 4788 Efficient and Inefficient Sales of Corporate Control
by Lucian Arye Bebchuk
- 4787 Unemployment Insurance Benefits and Takeup Rates
by Patricia M. Anderson & Bruce D. Meyer
- 4786 Effectiveness of Government Policy: An Experience from a National HealthCare System
by Tetsuji Yamada & Tadashi Yamada & Chang Gun Kim & Haruko Noguchi
- 4785 Can State Taxes Redistribute Income?
by Martin Feldstein & Marian Vaillant
- 4784 Mathematical Achievement in Eighth Grade: Interstate and Racial Differences
by Victor R. Fuchs & Diane M. Reklis
- 4783 The Alternative Minimum Tax and the Behavior of Multinational Corporations
by Andrew B. Lyon & Gerald Silverstein
- 4782 Waves of Creative Destruction: Customer Bases and the Dynamics of Innovation
by Jeremy C. Stein
- 4781 Agglomeration and the Price of Land: Evidence from the Prefectures
by Robert Dekle & Jonathan Eaton
- 4780 Investment with Uncertain Tax Policy: Does Random Tax Policy Discourage Investment?
by Kevin Hassett & Gilbert E. Metcalf
- 4779 Technological Linkages, Market Structure, and Optimum Production Policies
by Douglas Holtz-Eakin & Mary E. Lovely
- 4778 Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift?
by Roni Michaely & Richard H. Thaler & Kent Womack
- 4777 Financial Decision-Making in Markets and Firms: A Behavioral Perspective
by Werner F. M. De Bondt & Richard H. Thaler
- 4776 Internal versus External Capital Markets
by Robert H. Gertner & David S. Scharfstein & Jeremy C. Stein
- 4775 Rental Adjustment & Valuation of Real Estate in Overbuilt Markets: Fundamental vs. Reported Office Market Values in Sydney Australia
by Patric H. Hendershott
- 4774 Bubbles in Metropolitan Housing Markets
by Jesse M. Abraham & Patric H. Hendershott
- 4773 Policy Transferability and Hysteresis: Daily and Weekly Hours in the BRD and the US
by Daniel S. Hamermesh
- 4772 Trade and Industrial Policy Reform in Latin America
by Sebastian Edwards
- 4771 Relative Wage Movements and the Distribution of Consumption
by Orazio Attanasio & Steven J. Davis
- 4770 Estimating a Wage Curve for Britain 1973-1990
by David G. Blanchflower & Andrew J. Oswald
- 4769 Macroeconomic Adjustment with Segmented Labor Markets
by Pierre-Richard Agenor & Joshua Aizenman
- 4768 On the Timing and Efficiency of Creative Destruction
by Ricardo J. Caballero & Mohamad L. Hammour
- 4767 Agglomeration Benefits and Location Choice: Evidence from Japanese Manufacturing Investment in the United States
by Keith Head & John Ries & Deborah Swenson
- 4766 Mass Layoffs and Unemployment
by Andrew Caplin & John Leahy
- 4765 What Ends Recessions?
by Christina D. Romer & David H. Romer
- 4764 Taxes and Fringe Benefits Offered by Employers
by William M. Gentry & Eric Peress
- 4763 Interstate Cigarette Bootlegging: Extent, Revenue Losses, and Effects of Government Intervention
by Marie C. Thursby & Jerry G. Thursby
- 4762 How America Graduated from High School: 1910 to 1960
by Claudia Goldin
- 4761 Toward a Modern Macroeconomic Model Usable for Policy Analysis
by Eric M. Leeper & Christopher A. Sims
- 4760 Steel Protection in the 1980s: The Waning Influence of Big Steel?
by Michael O. Moore
- 4759 Staggering and Synchronization in Price-Setting: Evidence from Multipro-duct Firms
by Saul Lach & Daniel Tsiddon
- 4757 The Effect of the Minimum Wage When It Really Bites: A Reexamination of the Evidence from Puerto Rico
by Alan B. Krueger
- 4756 Multifactor Models Do Not Explain Deviations from the CAPM
by A. Craig MacKinlay
- 4755 Changing Wage Structure and Black-White Differentials Among Men and Women: A Longitudinal Analysis
by David Card & Thomas Lemieux
- 4754 Changes in the Structure of Family Income Inequality in the United States and Other Industrial Nationa During the 1980s
by McKinley L. Blackburn & David E. Bloom
- 4753 American Regionalism and Global Free Trade
by Edward E. Leamer
- 4752 The Great Wars, The Great Crash, and the Unit Root Hypothesis: Some New Evidence About an Old Stylized Fact
by Dan Ben-David & David H. Papell
- 4751 The MFA Paradox: More Protection and More Trade?
by J. Michael Finger & Ann Harrison
- 4750 The Consumption Smoothing Benefits of Unemployment Insurance
by Jonathan Gruber
- 4749 Precedent and Legal Argument in U.S. Trade Policy: Do They Matter To The Political Economy of the Lumber Dispute?
by Joseph P. Kalt
- 4748 The Impact of Wage Structure on Trends in U.S. Gender Wage Differentials 1975-1987
by Francine D. Blau & Lawrence M. Kahn
- 4747 The Political Economy of U.S. Export Subsidies for Wheat
by Bruce L. Gardner
- 4746 The Political-Economy of U.S. Automobile Protection
by Douglas R. Nelson
- 4745 Trade Politics and the Semiconductor Industry
by Douglas A. Irwin
- 4744 Localization Economies, Vertical Organization and Trade
by Gordon H. Hanson
- 4743 Information, Trading and Stock Returns: Lessons from Dually-Listed Securities
by K.C. Chan & Wai-Ming Fong & Rene M. Stulz
- 4742 The Effects of Minimum Wages on Employment: Theory and Evidence from the US
by Richard Dickens & Stephen Machin & Alan Manning
- 4741 Downsizing and Productivity Growth: Myth or Reality?
by Martin Neil Baily & Eric J. Bartelsman & John Haltiwanger
- 4740 The Legacy of Communist Labor Relations
by David G. Blanchflower & Richard B. Freeman
- 4739 Learning By Doing and the Choice of Technology
by Boyan Jovanovic & Yaw Nyarko
- 4738 Insignificant and Inconsequential Hysteresis: The Case of the U.S. Bilateral Trade
by David C. Parsley & Shang-Jin Wei
- 4737 Anticipations of Foreign Exchange Volatility and Bid-Ask Spreads
by Shang-Jin Wei
- 4736 On the Speed of Transition Central Europe
by Philippe Aghion & Olivier Jean Blanchard
- 4735 The Soviet Economic Decline: Historical and Republican Data
by William Easterly & Stanley Fischer
- 4734 The Distribution of Public Sector Wage Premia: New Evidence Using Quantile Regression Methods
by James M. Poterba & Kim S. Rueben
- 4733 British Unions in Decline: An Examination of the 1980s Fall in Trade Union Recognition
by Richard Disney & Amanda Gosling & Stephen Machin
- 4732 Trade Unions and the Dispersion of Earnings in British Establishments, 1980-90
by Amanda Gosling & Stephen Machin
- 4731 An Analysis of Fee-Shifting Based on the Margin of Victory: On FrivolousSuits, Meritorious Suits and the Role of Rule 11
by Lucian Arye Bebchuk & Howard F. Chang
- 4730 Externalities and Industrial Development
by J. Vernon Henderson
- 4729 Training and the Growth of Wage Inequality
by Jill Constantine & David Neumark
- 4728 Cities and Skills
by Edward L. Glaeser & David C. Mare
- 4727 Transaction Costs in Dealer Markets: Evidence From The London Stock Exchange
by Peter C. Reiss & Ingrid M. Werner
- 4726 A Comparison of Job Creation and Job Destruction in Canada and the United States
by John Baldwin & Timothy Dunne & John Haltiwanger
- 4725 Capital Goods Imports and Long-Run Growth
by Jong-Wha Lee
- 4724 The Valuation of Cash Flow Forecasts: An Empirical Analysis
by Steven N. Kaplan & Richard S. Ruback
- 4723 Firm Diversification and CEO Compensation: Managerial Ability or Executive Entrenchment?
by Nancy L. Rose & Andrea Shepard
- 4722 Testing Static Trade-off Against Pecking Order Models of Capital Structure
by Lakshmi Shyam-Sunder & Stewart C. Myers
- 4721 Congressional Distributive Politics and State Economic Performance
by Steven D. Levitt & James M. Poterba
- 4720 Implementing Option Pricing Models When Asset Returns Are Predictable
by Andrew W. Lo & Jiang Wang
- 4719 Reconsidering the Costs of Business Cycles with Incomplete Markets
by Andrew Atkeson & Christopher Phelan
- 4718 A Nonparametric Approach to Pricing and Hedging Derivative Securities Via Learning Networks
by James M. Hutchinson & Andrew W. Lo & Tomaso Poggio
- 4717 A Stock Index Mutual Fund Without Net Capital Gains Realizations
by Joel M. Dickson & John B. Shoven
- 4716 Trade, Wages and Revolving Door Ideas
by Edward E. Leamer
- 4715 Trade and Circuses: Explaining Urban Giants
by Alberto F. Ades & Edward L. Glaeser
- 4714 Evidence on Growth, Increasing Returns and the Extent of the Market
by Alberto F. Ades & Edward L. Glaeser
- 4713 Regional Adjustment to Trade Liberalization
by Gordon H. Hanson
- 4712 U.S. Interest Allocation Rules: Effects and Policy
by Rosanne Altshuler & Jack Mintz
- 4711 Convergence in the Age of Mass Migration
by Alan M. Taylor & Jeffrey G. Williamson
- 4710 U.S. Foreign Trade and the Balance of Payments, 1800-1913
by Robert E. Lipsey
- 4709 The U.S. Fiscal Problem: Where We Are, How We Got Here and Where We're Going
by Alan J. Auerbach
- 4708 Alcohol Advertising and Motor Vehicle Fatalities
by Henry Saffer
- 4707 The U-Shaped Female Labor Force Function in Economic Development and Economic History
by Claudia Goldin
- 4706 A Semi-Classical Model of Price Level Adjustment
by Bennett T. McCallum
- 4705 Recent Developments in the Marriage Tax
by Daniel R. Feenberg & Harvey S. Rosen
- 4704 Executive Pay and Performance: Evidence from the U.S. Banking Industry
by R. Glenn Hubbard & Darius Palia
- 4703 The Tax Sensitivity of Foreign Direct Investment: Evidence from Firm-Level Panel Data
by Jason G. Cummins & R. Glenn Hubbard
- 4702 Portfolio Inefficiency and the Cross-Section of Expected Returns
by Shmuel Kandel & Robert F. Stambaugh
- 4701 How Much Did Capital Forbearance Add to the Cost of the S&L Insurance Mess
by Edward J. Kane & Min-Teh Yu
- 4700 Information and the Demand for Supplemental Medicare Insurance
by Paul Gertler & Roland Sturm & Bruce Davidson
- 4699 The Effects of Monetary Policy Shocks: Some Evidence from the Flow of Funds
by Lawrence J. Christiano & Martin Eichenbaum & Charles Evans
- 4698 Shocks
by John H. Cochrane
- 4697 Macroeconomic Stabilization in Latin America: Recent Experience and Some Sequencing Issues
by Sebastian Edwards
- 4696 Measuring Industry Specific Protection: Antidumping in the United States
by Robert W. Staiger & Frank A. Wolak
- 4695 Issues in the Industrial Organization of the Market for Physician Services
by Martin Gaynor
- 4694 Can Foreign Aid Accelerate Stabilization?
by Alessandra Casella & Barry Eichengreen
- 4693 Exchange Rate Dynamics Redux
by Maurice Obstfeld & Kenneth Rogoff
- 4692 Monetary Policy Rules and Financial Stability
by Bennett T. McCallum
- 4691 Outward Direct Investment and the U.S. Economy
by Robert E. Lipsey
- 4690 Why Is There Corporate Taxation In a Small Open Economy? The Role of Transfer Pricing and Income Shifting
by Roger H. Gordon & Jeffrey K. MacKie-Mason
- 4689 Taxes, Leverage and the National Return on Outbound Foreign Direct Investment
by Martin Feldstein
- 4688 Why Do Wage Profiles Slope Upwards? Tests of the General Human Capital Model
by David Neumark & Paul Taubman
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