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Content
1991
- 3895 Taxation and Foreign Direct Investment in the United States: A Reconsideration of the Evidence
by Alan J. Auerbach & Kevin Hassett
- 3894 Continuous Versus Episodic Change: The Impact of Civil Rights Policy on the Economic Status of Blacks
by John J. Donohue III & James Heckman
- 3893 Productivity Gains From the Implementation of Employee Training Programs
by Ann P. Bartel
- 3892 Monetary Policy, Business Cycles and the Behavior of Small Manufacturing Firms
by Mark Gertler & Simon Gilchrist
- 3891 The Role of Federal Taxation in the Supply of Municipal Bonds: Evidence From Municipal Governments
by Gilbert E. Metcalf
- 3890 Labor Demand: What Do We Know? What Don't We Know?
by Daniel S. Hamermesh
- 3889 Private Beliefs and Information Externalities in the Foreign Exchange Market
by Richard K. Lyons
- 3888 An Ordered Probit Analysis of Transaction Stock Prices
by Jerry A. Hausman & Andrew W. Lo & A. Craig MacKinlay
- 3887 The Effects of Public Infrastructure and R&D Capital on the Cost Structure and Performance of U.S. Manufacturing Industries
by M. Ishaq Nadiri & Theofanis P. Mamuneas
- 3886 Leapfrogging: A Theory of Cycles in National Technological Leadership
by Elise Brezis & Paul Krugman & Daniel Tsiddon
- 3885 The Reincarnation of Keynesian Economics
by N. Gregory Mankiw
- 3884 National Health Insurance Revisited
by Victor R. Fuchs
- 3883 Do Labor Markets Provide Enough Short Hour Jobs? An Analysis of Work Hours and Work Incentives
by James B. Rebitzer & Lowell J. Taylor
- 3882 Pension Substitution in the 1980s: Why the Shift Toward Defined Contribution Pension Plans?
by Douglas L. Kruse
- 3881 From Sharp Stabilization to Growth: On the Political Economy of Israel's Transition
by Michael Bruno
- 3880 Are Real House Prices Likely to Decline by 47 Percent?
by Patric H. Hendershott
- 3879 Why Does the Paper-Bill Spread Predict Real Economic Activity?
by Benjamin M. Friedman & Kenneth N. Kuttner
- 3878 Why Were Poverty Rates So High in the 1980s?
by Rebecca M. Blank
- 3877 The Consequences of Minimum Wage Laws: Some New Theoretical Ideas
by James B. Rebitzer & Lowell J. Taylor
- 3876 Financial Repression and Economic Growth
by Nouriel Roubini & Xavier Sala-i-Martin
- 3875 Crime and the Employment of Disadvantaged Youths
by Richard B. Freeman
- 3874 Housing and Saving in the United States
by Jonathan Skinner
- 3873 Asset Pricing and Intrinsic Values: A Review Essay
by Bruce N. Lehmann
- 3872 Hospital Costs and the Cost of Empty Hospital Beds
by Martin Gaynor & Gerard F. Anderson
- 3871 Younger Households Saving: Evidence From Japan and Italy
by Albert Ando & Luigi Guiso & Daniele Terlizzese & Daniel Dorsainvil
- 3870 Patent Races, Product Standards, and International Competition
by Richard A. Jensen & Marie Thursby
- 3869 Endogenous Macroeconomic Growth Theory
by Elhanan Helpman
- 3868 Private Versus Socially Optimal Provision of Ex Ante Legal Advice
by Louis Kaplow & Steven Shavell
- 3867 Has Macro-Forecasting Failed?
by Victor Zarnowitz
- 3866 Labor Turnover Costs and Average Labor Demand
by Giuseppe Bertola
- 3865 Irreversibility and Aggregate Investment
by Giuseppe Bertola & Ricardo J. Caballero
- 3864 Flexibility, Investment, and Growth
by Giuseppe Bertola
- 3863 What is a Business Cycle?
by Victor Zarnowitz
- 3862 Stock Price Manipulation, Market Microstructure and Asymmetric Information
by Franklin Allen & Gary Gorton
- 3861 On Biases in the Measurement of Foreign Exchange Risk Premiums
by Geert Bekaert & Robert J. Hodrick
- 3860 The European Central Bank: Reshaping Monetary Politics in Europe
by Alberto Alesina & Vittorio Grilli
- 3859 Evidence on Employment Effects of Minimum Wages and Subminimum Wage Provisions From Panel Data on State Minimum Wage Laws
by David Neumark & William Wascher
- 3858 How Computers Have Changed the Wage Structure: Evidence From Microdata, 1984-1989
by Alan B. Krueger
- 3857 Unobserved Ability, Efficiency Wages, and Interindustry Wage Differentials
by McKinley Blackburn & David Neumark
- 3856 Another Look at the Evidence on Money-Income Causality
by Benjamin M. Friedman & Kenneth N. Kuttner
- 3855 Fiscal Federalism and Optimum Currency Areas: Evidence for Europe From the United States
by Xavier Sala-i-Martin & Jeffrey Sachs
- 3854 Changes in the Cyclical Sensitivity of Wages in the United States, 1891-1987
by Steven G. Allen
- 3853 The University in the Marketplace: Some Insights and Some Puzzles
by Michael Rothschild & Lawrence J. White
- 3852 Halting Inflation in Italy and France After World War II
by Alessandra Casella & Barry Eichengreen
- 3851 Factor Shares and Savings in Endogenous Growth
by Giuseppe Bertola
- 3850 The Effects of Child Health on Marital Status
by Hope Corman & Robert Kaestner
- 3849 World Interest Rates and Investment
by Robert J. Barro
- 3848 Policy Uncertainty, Persistence and Growth
by Joshua Aizenman & Nancy Marion
- 3847 The Optimal Two-Bracket Linear Income Tax
by Joel Slemrod & Shlomo Yitzhaki & Joram Mayshar
- 3846 Do Institutional Investors Destabilize Stock Prices? Evidence on Herding and Feedback Trading
by Josef Lakonishok & Andrei Shleifer & Robert W. Vishny
- 3845 Trade Adjustment Assistance and Pareto Gains From Trade
by Robert C. Feenstra & Tracy R. Lewis
- 3844 Trigger Points and Budget Cuts: Explaining the Effects of Fiscal Austerity
by Giuseppe Bertola & Allan Drazen
- 3843 Changing Social Security Survivorship Benefits and the Poverty of Widows
by Michael D. Hurd & David A. Wise
- 3842 Measuring the Contribution of Public Infrastructure Capital in Sweden
by Ernst R. Berndt & Bengt Hansson
- 3841 Rail Costs and Capital Adjustments in a Quasi-Regulated Environment
by Ann F. Friedlaender & Ernst R. Berndt & Judy Shaw-Er Wang Chiang & Mark Showalter & Christopher A. Vellturo
- 3840 Designing a Central Bank for Europe: A Cautionary Tale From the Early Years of the Federal Reserve System
by Barry Eichengreen
- 3839 Tax Exporting, Federal Deductibility, and State Tax Structure
by Gilbert E. Metcalf
- 3838 Education and Unemployment
by Jacob Mincer
- 3837 Education and Unemployment of Women
by Jacob Mincer
- 3836 Measuring Depreciation For Japan: Rejoinder to Dekle and Summers
by Fumio Hayashi
- 3835 Do Tax-Exempt Bonds Really Subsidize Municipal Capital?
by Roger H. Gordon & Gilbert E. Metcalf
- 3834 Risk-Sharing, Altruism, and the Factor Structure of Consumption
by Fumio Hayashi & Joseph Altonji & Laurence Kotlikoff
- 3833 The Informativeness of Prices: Search With Learning and Cost Uncertainty
by Roland Benabou & Robert Gertner
- 3832 Does Participation in Transfer Programs During Pregnancy Improve Birth Weight?
by Janet Currie & Nancy Cole
- 3831 Alcohol Control Policies and Motor Vehicle Fatalities
by Frank J. Chaloupka & Henry Saffer & Michael Grossman
- 3830 Macroeconomic Policy and Elections in OECD Democracies
by Alberto Alesina & Gerald D. Cohen & Nouriel Roubini
- 3829 What Ended the Great Depression?
by Christina D. Romer
- 3828 Investment in Capital Assets and Economic Performance: The U.S. Chemicals and Primary Metals Industries in Transition
by Catherine J. Morrison
- 3827 Skill Differentials in Canada in an Era of Rising Labor Market Inequality
by Richard B. Freeman & Karen Needels
- 3826 How Much Has De-Unionisation Contributed to the Rise in Male Earnings Inequality?
by Richard B. Freeman
- 3825 Multinational Firms, Technology Diffusion and Trade
by Wilfred J. Ethier & James R. Markusen
- 3824 Money, Output and Prices: Evidence from A New Monetary Aggregate
by Julio J. Rotemberg & John C. Driscoll & James M. Poterba
- 3823 An Aggregate Demand - Aggregate Supply Analysis of Japanese Monetary Policy, 1973-1990
by Kenneth D. West
- 3822 Optimal Law Enforcement with Self-Reporting of Behavior
by Louis Kaplow & Steven Shavell
- 3821 Rules, Coordination and Manipulability Among Arbitrators
by Janet Currie
- 3820 Optimal Investment Strategies for University Endowment Funds
by Robert C. Merton
- 3819 The European Monetary System: Credible at Last?
by Jeffrey Frankel & Steven Phillips
- 3818 The Significance of Technical Trading-Rule Profits in the Foreign Exchange Market: A Bootstrap Approach
by Richard M. Levich & Lee R. Thomas
- 3817 The Great Compression: The Wage Structure in the United States at Mid- Century
by Claudia Goldin & Robert A. Margo
- 3816 Stabilization and Liberalization Policies in Central and Eastern Europe: Lessons From Latin America
by Sebastian Edwards
- 3815 Productivity in the Transportation Sector
by Robert J. Gordon
- 3814 Entry, Dumping, and Shakeout
by Richard H. Clarida
- 3813 Endogenous Comparative Advantage, Government, and the Pattern of Trade
by Richard H. Clarida & Ronald Findlay
- 3812 Co-Integration, Aggregate Consumption, and the Demand For Imports: A Structural Econometric Investigation
by Richard H. Clarida
- 3811 The Real Exchange Rate, Exports, and Manufacturing Profits: A Theoreti- cal Framework With Some Empirical Support
by Richard H. Clarida
- 3810 Short and Long Run Externalities
by Eric J. Bartelsman & Ricardo J. Caballero & Richard K. Lyons
- 3809 Empirical Evidence on European Dual Exchange Rates and Its Relevance For Latin America
by Nancy P. Marion
- 3808 The Effects of Product Market Competition on Collective Bargaining Agreements: The Case of Foreign Competition in Canada
by John M. Abowd & Thomas Lemieux
- 3807 Patterns in Exchange Rate Forecasts for 25 Currencies
by Menzie Chinn & Jeffrey Frankel
- 3806 Exchange Rate Expectations and the Risk Premium: Tests For a Cross- Section of 17 Currencies
by Jeffrey Frankel & Menzie Chinn
- 3805 International Economic Transactions: Issues in Measurement and Empirical Research
by Peter Hooper & J. David Richardson
- 3804 The Nonequivalence of High School Equivalents
by Stephen V. Cameron & James J. Heckman
- 3803 Pricing, Patent Loss and the Market For Pharmaceuticals
by Richard G. Frank & David S. Salkever
- 3802 The Joint Consumption/Asset Demand Decision: A Case Study in Robust Estimation
by Marjorie A. Flavin
- 3801 Crime Rates Versus Labor Market Conditions; Theory and Time-Series Evidence
by Tadashi Yamada & Tetsuji Yamada & Johan M. Kang
- 3800 Labor Productivity and Market Competition in Japan
by Tetsuji Yamada & Tadashi Yamada & Guorn Liu
- 3799 A Theory of War Finance
by Herschel I. Grossman & Taejoon Han
- 3798 Information Handling and Firm Performance: Evidence from Reverse LBOs
by Francois Degeorge & Richard Zeckhauser
- 3797 Incomplete Appropriability of R&D and the Role of Strategies and Cultural Factors in International Trade: A Japanese Case
by Ryuzo Sato & Rama Ramachandran & Shunichi Tsutsui
- 3796 Vanishing Tax on Capital Income in the Open Economy
by Assaf Razin & Efraim Sadka
- 3795 Assessing Target Zone Credibility: Mean Reversion and Devaluation Expectations in the ERM 1979-1992
by Lars E.O. Svensson
- 3794 Corporate Restructuring and Investment Horizons
by Bronwyn H. Hall
- 3793 Are Economists' Traditional Trade Policy Views Still Valid?
by Robert E. Baldwin
- 3792 Optimal Incentive Contracts in the Presence of Career Concerns: Theory and Evidence
by Robert Gibbons & Kevin J. Murphy
- 3791 Pervasive Shortages Under Socialism
by Andrei Shleifer & Robert Vishny
- 3790 Characterizing Predictable Components in Excess Returns on Equity and Foreign Exchange Markets
by Geert Bekaert & Robert J. Hodrick
- 3789 Sex Discrimination by Sex: Voting in a Professional Society
by Alan E. Dillingham & Marianne A. Ferber & Daniel S. Hamermesh
- 3788 Ethnic Capital and Intergenerational Mobility
by George J. Borjas
- 3787 Growth in Cities
by Edward L. Glaeser & Hedi D. Kallal & Jose A. Scheinkman & Andrei Shleifer
- 3786 The Theory of Allocation and Its Implications for Marketing and Industrial Structure
by Dennis W. Carlton
- 3785 Competition and Price Dispersion in the U.S. Airline Industry
by Severin Borenstein & Nancy L. Rose
- 3784 Fear of Flying? Economic Analysis of Airline Safety
by Nancy L. Rose
- 3783 The Australian Pharmaceutical Subsidy Gambit: Transmuting Deadweight Loss and Oligopoly Rents to Consumer Surplus
by Mark Johnston & Richard Zeckhauser
- 3782 Long-Term Contracting and Multiple-Price Systems
by R. Glenn Hubbard & Robert J. Weiner
- 3781 How Much Do Taxes Discourage Incorporation
by Jeffrey K. MacKie-Mason & Roger H. Gordon
- 3780 How Valuable is Patent Protection? Estimates By Technology Field Using Patent Renewal Data
by Mark Schankerman
- 3779 International Fiscal Policy Coordination and Competition: An Exposition
by Assaf Razin & Efraim Sadka
- 3778 What Went Wrong? The Erosion of Relative Earnings and Employment Among Young Black Men in the 1980s
by John Bound & Richard B. Freeman
- 3777 An Analysis of the Nature of Unemployment in Sri Lanka
by William T. Dickens & Kevin Lang
- 3776 Obstacles to Transforming Centrally-Planned Economies: The Role of Capital Markets
by Guillermo A. Calvo & Jacob A. Frenkel
- 3775 Floating Exchange Rates in Peru, 1950-54
by Richard K. Lyons
- 3774 Do OSHA Inspections Reduce Injuries? A Panel Analysis
by Wayne B. Gray & John T. Scholz
- 3773 Protecting Losers: Optimal Diversification, Insurance, and Trade Policy
by S. Lael Brainard
- 3772 External Debt and Political Instability
by Sule Ozler & Guido Tabellini
- 3771 Measurement of Output and Quality Adjustment When Hedonics Cannot Be Used: An Illustration for the Day Care Industry
by Swati Mukerjee & Ann Dryden Witte
- 3770 An Altered U.S. Housing Finance System: Implications for Housing
by Patric H. Hendershott
- 3769 The "Gambler's Fallacy" in Lottery Play
by Charles T. Clotfelter & Philip J. Cook
- 3768 The Search for R&D Spillovers
by Zvi Griliches
- 3767 Foreign Direct Investment, Productive Capacity and Exchange Rate Regimes
by Joshua Aizenman
- 3766 The Peculiar Scale Economies of Lotto
by Philip J. Cook & Charles T. Clotfelter
- 3765 Life Insurance Inadequacy - Evidence From a Sample of Older Widows
by Alan J. Auerbach & Laurence Kotlikoff
- 3764 Learning and Wage Dynamics
by Henry S. Farber & Robert Gibbons
- 3763 Sources of Cycles in Japan, 1975-1987
by Kenneth D. West
- 3762 A Comparison of the Behavior of Japanese and U.S. Inventories
by Kenneth D. West
- 3761 On the Labor Market Effects of Immigration and Trade
by George J. Borjas & Richard B. Freeman & Lawrence F. Katz
- 3760 What Moves the Stock and Bond Markets? A Variance Decomposition for Long-Term Asset Returns
by John Y. Campbell & John Ammer
- 3759 Minimum Wages in Puerto Rico: Textbook Case of a Wage Floor?
by Alida Castillo Freeman & Richard B. Freeman
- 3758 Economic Development, Urban Underemployment, and Income Inequality
by James E. Rauch
- 3757 How Fast Do Old Men Slow Down?
by Ray C. Fair
- 3756 The Source of Fluctuations in Money: Evidence From Trade Credit
by Valerie A. Ramey
- 3755 Technology Commitment and the Cost of Economic Fluctuations
by Garey Ramey & Valerie A. Ramey
- 3754 Real Interest Rates and the Savings and Loan Crisis: The Moral Hazard Premium
by John B. Shoven & Scott B. Smart & Joel Waldfogel
- 3753 The Timing of Intergenerational Transfers, Tax Policy, and Aggregate Savings
by David Altig & Steve J. Davis
- 3752 The Equity Premium and the Risk Free Rate: Matching the Moments
by Stephen G. Cecchetti & Pok-sang Lam & Nelson C. Clark
- 3751 An Indicator of Future Inflation Extracted From the Steepness of the Interest Rate Yield Curve Along Its Entire Length
by Jeffrey A. Frankel & Cara S. Lown
- 3750 Lifetime vs. Annual Perspectives on Tax Incidence
by Don Fullerton & Diane Lim Rogers
- 3749 Mergers, Deregulation and Cost Savings in the U.S. Rail Industry
by Ernst R. Berndt & Ann F. Friedlaender & Judy Shaw-Er Wang Chiang & Christopher A. Vellturo
- 3748 Durable Goods: An Explanation for Their Slow Adjustment
by Ricardo J. Caballero
- 3747 A Note on Internationally Coordinated Policy Packages Intended to be Robust Under Model Uncertainty
by Jeffrey Frankel & Scott Erwin & Katharine Rockett
- 3746 A Longitudinal Analysis of Young Entrepreneurs in Australia and the United States
by David G. Blanchflower & Bruce D. Meyer
- 3745 The Asset Allocation of Private Pension Plans
by Leslie E. Papke
- 3744 Trends in Pension Benefit Formulas and Retirement Provisions
by Olivia S. Mitchell
- 3743 Expected Changes in the Workforce and Implications for Labor Markets
by Phillip B. Levine & Olivia S. Mitchell
- 3742 No News is Good News: An Asymmetric Model of Changing Volatility in Stock Returns
by John Y. Campbell & Ludger Hentschel
- 3741 How Would Universities Respond to Increased Federal Support for Graduate Students?
by Ronald G. Ehrenberg & Daniel I. Rees & Dominic J. Brewer
- 3740 First Nature, Second Nature, and Metropolitan Location
by Paul R. Krugman
- 3739 A Model of Optimal Fines for Repeat Offenders
by A. Mitchell Polinsky & Daniel L. Rubinfeld
- 3738 Determinants of External Imbalances: The Role Taxes, Government Spending and Productivity
by Leonardo Leiderman & Assaf Razin
- 3737 Japanese Foreign Direct Investment
by Kenneth A. Froot
- 3736 Black-White Earnings Over the 1970s and 1980s: Gender Differences in Trends
by Francine D. Blau & Andrea H. Beller
- 3735 A Fallacy of Composition
by Ricardo J. Caballero
- 3734 Dynamic (S,s) Economies
by Ricardo J. Caballero & Eduardo M.R.A. Engel
- 3733 Technology Adoption and Growth
by Stephen L. Parente & Edward C. Prescott
- 3732 The Diffusion of Technology and Inequality Among Nations
by Boyan Jovanovic & Saul Lach
- 3731 Nonrational Actors and Financial Market Behavior
by Richard Zeckhauser & Jayendu Patel & Darryll Hendricks
- 3730 Dividends and Profits: Some Unsubtle Foreign Influences
by James R. Hines Jr.
- 3729 Heterogeneity and Output Fluctuations in a Dynamic Menu-Cost Economy
by Ricardo J. Caballero & Eduardo M.R.A. Engel
- 3728 Gross Job Creation, Gross Job Destruction and Employment Reallocation
by Steve J. Davis & John Haltiwanger
- 3727 Do the Benefits of Fixed Exchange Rates Outweigh Their Costs? The Franc Zone in Africa
by Shantayanan Devarajan & Dani Rodrik
- 3726 Was the Great Depression a Low-Level Equilibrium?
by John Dagsvik & Boyan Jovanovic
- 3725 U.S. Trade Policy in the 1980s: Turns -- and Roads Not Taken
by J. David Richardson
- 3724 Relationships Among the Family Incomes and Labor Market Outcomes of Relatives
by Joseph G. Altonji & Thomas A. Dunn
- 3723 The Income Tax as Insurance: The Casualty Loss and Medical Expense Deductions and the Exclusion of the Medical Insurance Premiums
by Louis Kaplow
- 3722 Wage Dispersion Between and Within U.S. Manufacturing Plants, 1963-1986
by Steve J. Davis & John Haltiwanger
- 3721 Political Instability, Political Weakness and Inflation: An Empirical Analysis
by Sebastian Edwards & Guido Tabellini
- 3720 Externalities from Labor Mobility
by Laurence Ball
- 3719 Nonergodic Economic Growth
by Steven N. Durlauf
- 3718 Path Dependence in Aggregate Output
by Steven N. Durlauf
- 3717 Convergence of International Output Movements
by Andrew B. Bernard & Steven N. Durlauf
- 3716 Trade Orientation, Distortions and Growth in Developing Countries
by Sebastian Edwards
- 3715 Industrial Shifts, Skills Levels, and the Labor Market for White and Black Males
by John Bound & Harry J. Holzer
- 3714 The Demand for and Return to Education When Education Outcomes are Uncertain
by Joseph G. Altonji
- 3713 School Quality and Black-White Relative Earnings: A Direct Assessment
by David Card & Alan B. Krueger
- 3712 Invention and Bounded Learning by Doing
by Alwyn Young
- 3711 Security Baskets and Index-Linked Securities
by Gary Gorton & George Pennacchi
- 3710 Do Minimum Wages Reduce Employment? A Case Study of California, 1987-89
by David Card
- 3709 Taxation and Risk Taking: A General Equilibrium Perspective
by Louis Kaplow
- 3708 A Note on Taxation as Social Insurance for Uncertain Labor Income
by Louis Kaplow
- 3707 Rational Finite Bubbles
by Franklin Allen & Gary Gorton
- 3706 Equalizing Exchange: A Study of the Effects of Trade Liberalization
by Dan Ben-David
- 3705 The Company You Keep: The Effects of Family and Neighborhood on Disadvantaged Youths
by Anne C. Case & Lawrence F. Katz
- 3704 The Decline in Black Teenage Labor Force Participation in the South, 1900-1970: The Role of Schooling
by Robert A. Margo & T. Aldrich Finegan
- 3703 Privatization in East European Transformation
by Stanley Fischer
- 3702 Growth, Macroeconomics, and Development
by Stanley Fischer
- 3701 The Socioeconomic Consequences of Teen Childbearing Reconsidered
by Arline T. Geronimus & Sanders Korenman
- 3700 Incentives, Optimality, and Publicly Provided Goods: The Case of Mental Health Services
by Richard Frank & Martin Gaynor
- 3699 The Effect of Social Security on Labor Supply: A Cohort Analysis of the Notch Generation
by Alan B. Krueger & Jorn-Steffen Pischke
- 3698 From Centrally-Planned to Market Economies: The Road from CPE to PCPE
by Guillermo A. Calvo & Jacob A. Frenkel
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