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Content
1991
- 3697 Productivity, Market Power and Capacity Utilization When Spot Markets are Complete
by Benjamin Eden & Zvi Griliches
- 3696 Information and the Scope of Liability for Breach of Contract: The Rule of Hadley V. Baxendale
by Lucian Arye Bebchuk & Steven Shavell
- 3695 The Evolution of Buyout Pricing and Financial Structure
by Steven N. Kaplan & Jeremy C. Stein
- 3694 Unemployment and Infant Health: Times-Series Evidence from the State of Tennessee
by Theodore J. Joyce & Naci H. Mocan
- 3693 Omitted-Ability Bias and the Increase in the Return to Schooling
by McKinley L. Blackburn & David Neumark
- 3692 Bequest Taxes and Accumulation of Household Wealth: U.S. - Japan Comparison
by Thomas A. Barthold & Takatoshi Ito
- 3691 Immigration Policy, National Origin, and Immigrant Skills: A Comparison of Canada and the United States
by George J. Borjas
- 3690 Japan's High Saving Rate Reaffirmed
by Robert Dekle & Lawrence H. Summers
- 3689 Money versus Credit Rationing: Evidence for the National Banking Era, 1880-1914
by Michael D. Bordo & Peter Rappoport & Anna J. Schwartz
- 3688 Pensions, Bonding, and Lifetime Jobs
by Steven G. Allen & Robert L. Clark & Ann A. McDermed
- 3687 Trading, Communication and the Response of Price to New Information
by Gary Gorton & James Dow
- 3686 Monetary Economics: A Review Essay
by Herschel I. Grossman
- 3685 Expected and Predicted Realignments: The FF/DM Exchange Rate During the EMS
by Andrew K. Rose & Lars E.O. Svensson
- 3684 The EMS, the EMU, and the Transition to a Common Currency
by Kenneth A. Froot & Kenneth Rogoff
- 3683 Do Exchange Auctions Work? An Examination of the Bolivian Experience
by Kathryn M. Dominguez
- 3682 Time-Varying Volatility and the Dynamic Behavior of the Term Structure
by Robert F. Engle & Victor K. Ng
- 3681 Measuring and Testing the Impact of News on Volatility
by Robert F. Engle & Victor K. Ng
- 3680 Endogenous Capital Utilization and Productivity Measurement in Dynamic Factor Demand Models: Theory and an Application to the U.S. Electrical..
by Ingmar R. Prucha & M. Ishaq Nadiri
- 3679 Trade Liberalization in a Multinational-Dominated Industry: A Theoretical and Applied General-Equilibrium Analysis
by Linda Hunter & James R. Markusen & Thomas F. Rutherford
- 3678 Purchased Services, Outsourcing, Computers, and Productivity in Manufacturing
by Donald Siegel & Zvi Griliches
- 3677 Notes on Dynamic Factor Pricing Models
by Bruce N. Lehmann
- 3676 Earnings, Dividend Policy, and Present Value Relations: Building Blocks of Dividend Policy Invariant Cash Flows
by Bruce N. Lehmann
- 3675 Alcohol Consumption During Prohibition
by Jeffrey A. Miron & Jeffrey Zwiebel
- 3674 Learning About Intervention Target Zones
by Michael W. Klein & Karen K. Lewis
- 3673 Rent Sharing in the Multi-Fibre Arrangement: Theory and Evidence from US Apparel Imports from Hong Kong
by Kala Krishna & Refik Erzan & Ling Hui Tan
- 3672 Investment Policies in the GATT
by Rachel McCulloch
- 3671 Environmental Policy When Market Structure and Plant Locations are Endo-genous
by James R. Markusen & Edward R. Morey & Nancy Olewiler
- 3670 Intramarginal Intervention in the EMS and the Target-Zone Model of Exchange-Rate Behavior
by Kathryn M. Dominguez & Peter B. Kenen
- 3669 Government, Financial Markets, and Economic Development
by Joseph E. Stiglitz
- 3668 Distributive Politics and Economic Growth
by Alberto Alesina & Dani Rodrik
- 3667 Changes in the Structure of Wages in the Public and Private Sectors
by Lawrence F. Katz & Alan B. Krueger
- 3666 R&D Productivity: A Survey of Econometric Studies at the Firm Level
by Jacques Mairesse & Mohamed Sassenou
- 3665 Dispersion and Heterogeneity of Firm Performances in Nine French Service Industries, 1984-1987
by Elizabeth Kremp & Jacques Mairesse
- 3664 Wage Bargaining and Unemployment Persistence
by Olivier Jean Blanchard
- 3663 Why Are There So Many Divided Senate Delegations?
by Alberto Alesina & Morris Fiorina & Howard Rosenthal
- 3662 Targeting the Exchange Rate: An Empirical Investigation
by Shula Pessach & Assaf Razin
- 3661 Political-Economy Arguments for a Uniform Tariff
by Arvind Panagariya & Dani Rodrik
- 3660 The Earnings of Linguistic Minorities: French in Canada and Spanish in the United States
by David E. Bloom & Gilles Grenier
- 3659 The Distribution of Family Income: Measuring and Explaining Changes in the 1980s for Canada and the United States
by McKinley L. Blackburn & David E. Bloom
- 3658 Fiscal Deficits, Public Debt and Government Solvency: Evidence from OECD Countries
by Giancarlo Corsetti & Nouriel Roubini
- 3657 Testing the Imports-as-Market-Discipline Hypothesis
by James Levinsohn
- 3656 International VAT Harmonization: Economic Effects
by Jacob A. Frenkel & Assaf Razin & Steve Symansky
- 3655 The Effect of the New Minimum Wage Law in a Low-Wage Labor Market
by Lawrence F. Katz & Alan B. Krueger
- 3654 Debt Concentration and Secondary Markets Prices: A Theoretical and Empirical Analysis
by Raquel Fernandez & Sule Ozler
- 3653 The Staying Power of Leveraged Buyouts
by Steven N. Kaplan
- 3652 Information, Finance, and Markets: The Architecture of Allocative Mechanisms
by Bruce C. Greenwald & Joseph E. Stiglitz
- 3651 Stochastic Equilibrium and Exchange Rate Determination in a Small Open Economy with Risk Averse Optimizing Agents
by Earl L. Grinols & Stephen J. Turnovsky
- 3650 Externalities, Incentives and Failure to Achieve National Objectives in Decentralized Economies
by Joshua Aizenman & Peter Isard
- 3649 Tax Policy to Combat Global Warming: On Designing a Carbon Tax
by James M. Poterba
- 3648 Efficient and Inefficient Employment Outcomes: A Study Based on Canadian Data
by Louis N. Christofides & Andrew J. Oswald
- 3647 Work Incentives and the Demand for Primary and Contingent Labor
by James B. Rebitzer & Lowell J. Taylor
- 3646 Why are Prices Sticky? Preliminary Results from an Interview Study
by Alan S. Blinder
- 3645 The Enforceability of Private Money Contracts, Market Efficiency, and Technological Change
by Gary Gorton
- 3644 Exchange Rate Volatility and International Prices
by Robert C. Feenstra & Jon D. Kendall
- 3643 Measuring Risk Aversion From Excess Returns on a Stock Index
by Ray Chou & Robert F. Engle & Alex Kane
- 3642 Price Equilibrium, Efficiency, and Decentralizability in Insurance Markets
by Richard Arnott & Joseph E. Stiglitz
- 3641 The Invisible Hand and Modern Welfare Economics
by Joseph E. Stiglitz
- 3640 Actual and Warranted Relations Between Asset Prices
by Andrea E. Beltratti & Robert J. Shiller
- 3639 Nursing Home Discharges and Exhaustion of Medicare Benefits
by Alan M. Garber & Thomas E. MaCurdy
- 3638 Shareholder Trading Practices and Corporate Investment Horizons
by Kenneth A. Froot & Andre F. Perold & Jeremy C. Stein
- 3637 Persistent Differences in National Productivity Growth Rates with A Com-mon Technology and Free Capital Mobility: The Roles of Private Thrift, ..
by Willem H. Buiter & Kenneth M. Kletzer
- 3636 Currency Substitution and the Fluctuations of Foreign-Exchange Reserves with Credibly Fixed Exchange Rates
by Alberto Giovannini
- 3635 Why Do Countries and Industries with Large Seasonal Cycles Also Have Large Business Cycles?
by J. Joseph Beaulieu & Jeffrey K. MacKie-Mason & Jeffrey A. Miron
- 3634 Decoupling Liability: Optimal Incentives for Care and Litigation
by A. Mitchell Polinsky & Yeon-Koo Che
- 3633 Asset Returns and Intertemporal Preferences
by Shmuel Kandel & Robert F. Stambaugh
- 3632 Is the Fisher Effect for Real? A Reexamination of the Relationship Between Inflation and Interest Rates
by Frederic S. Mishkin
- 3631 Habit Persistence and Durability in Aggregate Consumption: Empirical Tests
by Wayne E. Ferson & George M. Constantinides
- 3630 Lump-Sums, Profit Sharing, and the Labor Costs in the Union Sector
by Linda A. Bell & David Neumark
- 3629 Multiple Equilibria and Persistence in Aggregate Fluctuations
by Steven N. Durlauf
- 3628 Decomposing the Welfare Costs of Capital Tax Distortions: The Importance of Risk Assumptions
by Bob Hamilton & Jack Mintz & John Whalley
- 3627 Internal Quota Allocation Schemes and the Costs of the MFA
by Irene Trela & John Whalley
- 3626 Recent U.S. Investment Behavior and the Tax Reform Act of 1986: A Disaggregate View
by Alan J. Auerbach & Kevin Hassett
- 3625 Product Demand, Cost of Production, Spillovers, and the Social Rate of Return to R&D
by Jeffrey I. Bernstein & M. Ishaq Nadiri
- 3624 Updated Estimates of the Impact of Prenatal Care on Birthweight Outcomes by Race
by Richard G. Frank & Donna Strobino & David S. Salkever & Catherine A. Jackson
- 3623 Foreign Direct Investment in the U.S. and U.S. Trade
by Robert E. Lipsey
- 3622 Quality and Trade
by Kevin M. Murphy & Andrei Shleifer
- 3621 The Genesis of Inflation and the Costs of Disinflation
by Laurence Ball
- 3620 Reducing the Risk of Economic Crisis
by Martin Feldstein
- 3619 Tax Policy and Business Fixed Investment in the United States
by Alan J. Auerbach & Kevin Hassett
- 3618 Asset Sales and Debt Capacity
by Andrei Shleifer & Robert W. Vishny
- 3617 Window Dressing by Pension Fund Managers
by Josef Lakonishok & Andrei Shleifer & Richard Thaler & Robert Vishny
- 3616 Capital Formation in Latin America
by Eliana Cardoso
- 3615 Host Country Benefits of Foreign Investment
by Magnus Blomstrom
- 3614 Internal Currency Markets and Production in the Soviet Union
by Linda S. Goldberg & Ildar Karimov
- 3613 Speculative Behavior in the Stock Markets: Evidence from the United States and Japan
by Robert J. Shiller & Fumiko Kon-Ya & Yoshiro Tsutsui
- 3612 Was there a bubble in the 1929 Stock Market?
by Peter Rappoport & Eugene N. White
- 3611 A Model of the Political Economy of the United States
by Alberto Alesina & John Londregan & Howard Rosenthal
- 3610 New Goods and Index Numbers: U.S. Import Prices
by Robert C. Feenstra
- 3609 Investor Diversification and International Equity Markets
by Kenneth R. French & James M. Poterba
- 3608 The Fertility of Immigrant Women: Evidence from High Fertility Source Countries
by Francine D. Blau
- 3607 Cities in Space: Three Simple Models
by Paul Krugman
- 3606 Agricultural Productivity, Comparative Advantage and Economic Growth
by Kiminori Matsuyama
- 3605 Reconciling the Pattern of Trade with the Pattern of Migration
by James E. Rauch
- 3604 Government Revenue from Financial Repression
by Alberto Giovannini & Martha de Melo
- 3603 Destabilizing Effects of Exchange-Rate Escape Clauses
by Maurice Obstfeld
- 3602 Intertemporal Labor Supply: An Assessment
by David Card
- 3601 Target Zones Big and Small
by Francisco Delgado & Bernard Dumas
- 3600 Trade Reforms, Credibility, and Development
by Joshua Aizenman
- 3599 Is Inequality Harmful for Growth? Theory and Evidence
by Torsten Persson & Guido Tabellini
- 3598 How Regional Differences in Taxes and Public Goods Distort Life Cycle Location Choices
by Laurence Kotlikoff & Bernd Raffelhueschen
- 3597 Alexander Hamilton's Market Based Debt Reduction Plan
by Peter M. Garber
- 3596 Macroeconomic Aspects of German Unification
by Hans-Werner Sinn
- 3595 Money, Interest and Prices
by Stanley Fischer
- 3594 International Trade with Endogenous Technological Change
by Luis A. Rivera-Batiz & Paul M. Romer
- 3593 The Effects of Pensions and Retirement Policies on Retirement in Higher Education
by Alan L. Gustman & Thomas L. Steinmeier
- 3592 The Changing Fortunes of FHA's Mutual Mortgage Insurance Fund and the Legislative Response
by Patric H. Hendershott & James A. Waddell
- 3591 Volatility Tests and Efficient Markets: A Review Essay
by John H. Cochrane
- 3590 International Accounting Diversity: Does it Impact Market Participants?
by Frederick D.S. Choi & Richard M. Levich
- 3589 Generational Accounts - A Meaningful Alternative to Deficit Accounting
by Alan J. Auerbach & Jagadeesh Gokhale & Laurence J. Kotlikoff
- 3588 Equilibrium in Competitive Insurance Markets with Moral Hazard
by Richard Arnott & Joseph Stiglitz
- 3587 Employer Size and Dual Labor Markets
by James B. Rebitzer & Michael D. Robinson
- 3586 Precautionary Motives for Holding Assets
by Miles S. Kimball
- 3585 From Inertia to Megainflation: Brazil in the 1980s
by Eliana Cardoso
- 3584 Price-Cost Margins, Exports and Productivity Growth: With an Application to Canadian Industries
by Jeffrey I. Bernstein & Pierre A. Mohnen
- 3583 Should the Holding Period Matter for the Intertemporal Consumption-BasedCAPM?
by Karen K. Lewis
- 3582 Assessing the Productivity of Information Technology Equipment in U.S. Manufacturing Industries
by Catherine J. Morrison & Ernst R. Berndt
- 3581 Human Capital, Technology, and the Wage Structure: What Do Time Series Show?
by Jacob Mincer
- 3580 Methodological Issues and the New Keynesian Economics
by Joseph E. Stiglitz
- 3579 Is Europe an Optimum Currency Area?
by Barry Eichengreen
- 3578 Is the Gasoline Tax Regressive?
by James M. Poterba
- 3577 Learning by Doing and the Dynamic Effects of International Trade
by Alwyn Young
- 3576 Stochastic Devaluation Risk and the Empirical Fit of Target Zone Models
by Giuseppe Bertola & Lars E.O. Svensson
- 3575 National Origin and the Skills of Immigrants in the Postwar Period
by George J. Borjas
- 3574 A Multi-Country Comparison of Term Structure Forecasts at Long Horizons
by Philippe Jorion & Frederic Mishkin
1990
- 3573 The Assimilation of Immigrants in the U.S. Labor Markets
by Robert J. LaLonde & Robert H. Topel
- 3572 Does Compulsory School Attendance Affect Schooling and Earnings?
by Joshua D. Angrist & Alan B. Krueger
- 3571 The Effect of Age at School Entry on Educational Attainment: An Application of Instrumental Variables with Moments from Two Samples
by Joshua D. Angrist & Alan B. Krueger
- 3570 Exchange Rate Volatility in Integrating Capital Markets
by Giancarlo Corsetti & Vittorio Grilli & Nouriel Roubini
- 3569 Theory and Practice of Commercial Policy: 1945-1990
by Anne O. Krueger
- 3568 A Micro Econometric Model of Capital Utilization and Retirement
by Sanghamitra Das
- 3567 Quality Adjusted Cost Functions
by Paul J. Gertler & Donald M. Waldman
- 3566 Tastes and Technology in a Two-Country Model of the Business Cycle: Explaining International Comovements
by Alan C. Stockman & Linda L. Tesar
- 3565 A Signaling Theory of Unemployment
by Ching-to Albert Ma & Andrew M. Weiss
- 3564 Lecture Notes on Economic Growth(II): Five Prototype Models of Endogenous Growth
by Xavier Sala-i-Martin
- 3563 Lecture Notes on Economic Growth(I): Introduction to the Literature and Neoclassical Models
by Xavier Sala-i-Martin
- 3562 What has Foreign Market Intervention Since the Plaza Agreement Accomplished?
by Michael D. Bordo & Anna J. Schwartz
- 3561 Soft Budget Constraints, Taxes, and the Incentive to Cooperate
by Joshua Aizenman
- 3560 Individual Precautions to Prevent Theft: Private Versus Socially OptimalBehavior
by Steven Shavell
- 3559 Approaches to Efficient Capital Taxation: Leveling the Playing Field vs.Living by the Golden Rule
by Lawrence H. Goulder & Philippe Thalmann
- 3558 Three Models of Retirement: Computational Complexity Versus Predictive Validity
by Robin L. Lumsdaine & James H. Stock & David A. Wise
- 3557 The Incidence of Mandated Employer-Provided Insurance: Lessons from Workers' Compensation Insurance
by Jonathan Gruber & Alan B. Krueger
- 3556 Labor Hoarding and the Business Cycle
by Craig Burnside & Martin Eichenbaum & Sergio Rebelo
- 3555 Credible Disinflation with Staggered Price Setting
by Laurence Ball
- 3554 Public Goods in Trade: On the Formation of Markets and Political Jurisdictions
by Alessandra Casella & Jonathan S. Feinstein
- 3553 Last One Out Wins: Trade Policy in an International Exit Game
by S. Lael Brainard
- 3552 The Aggregate Implications of Machine Replacement: Theory and Evidence
by Russell Cooper & John Haltiwanger
- 3551 Banks and Loan Sales: Marketing Non-Marketable Assets
by Gary Gorton & George Pennacchi
- 3550 Yield Curve
by Frederic S. Mishkin
- 3549 Self-Selection, Prenatal Care, and Birthweight Among Blacks, Whites and Hispanics in New York City
by Theodore Joyce
- 3548 The Market for Home Mortgage Credit: Recent Changes and Future Prospects
by Patric H. Hendershott
- 3547 Aging and the Income Value of Housing Wealth
by Steven F. Venti & David A. Wise
- 3546 "Liquidation" Cycles: Old-Fashioned Real Business Cycle Theory and the Great Depression
by J. Bradford De Long
- 3545 Impact of Government on Growth and Trade
by Anne O. Krueger & David Orsmond
- 3544 The Political Economy of American Protection in Theory and in Practice
by Anne O. Krueger
- 3543 An Empirical Exploration of Exchange Rate Target-Zones
by Robert P. Flood & Andrew K. Rose & Donald J. Mathieson
- 3542 Contracts and the Market for Executives
by Sherwin Rosen
- 3541 A Contribution to the Empirics of Economic Growth
by N. Gregory Mankiw & David Romer & David N. Weil
- 3540 Basic Concepts of International Taxation
by Jacob Frenkel & Assaf Razin & Efraim Sadka
- 3539 The Making of Exchange Rate Policy in the 1980s
by Jeffrey A. Frankel
- 3538 The Transfer Pricing Problem: Where the Profits Are
by James R. Hines, Jr.
- 3537 Why Are There So Few Black Entrepreneurs?
by Bruce D. Meyer
- 3536 Maternal Labor Supply and Children's Cognitive Development
by Francine D. Blau & Adam J. Grossberg
- 3535 The Effect of Illicit Drug Use on the Wages of Young Adults
by Robert Kaestner
- 3534 Cyclical Markups: Theories and Evidence
by Julio J. Rotemberg & Michael Woodford
- 3533 Macroeconomic Models with Equity and Credit Rationing
by Bruce C. Greenwald & Joseph E. Stiglitz
- 3532 American Economic Policy and the International Debt Crisis
by Hans-Werner Sinn
- 3531 Tax Policy, Investments in Human and Physical Capital, and Productivity
by Marc Nerlove & Assaf Razin & Efraim Sadka & Robert K. von Weizsacker
- 3530 The Allocation of Talent: Implications for Growth
by Kevin M. Murphy & Andrei Shleifer & Robert W. Vishny
- 3529 Time-Consistent Policy and Persistent Changes in Inflation
by Laurence M. Ball
- 3528 Economic Integration and Endogenous Growth
by Luis A. Rivera-Batiz & Paul M. Romer
- 3527 The Benefits of Crises for Economic Reforms
by Allan Drazen & Vittorio Grilli
- 3526 Hysteresis in the Trade Pattern
by Gene M. Grossman & Elhanan Helpman
- 3525 Pension Portability and Labor Mobility: Evidence From the Survey of Income and Program Participation
by Alan Gustman & Thomas Steinmeier
- 3524 Job Vacancy Rates in the Firm: An Empirical Analysis
by Harry J. Holzer
- 3523 The Bubble of 1929: Evidence from Closed-End Funds
by J. Bradford De Long & Andrei Shleifer
- 3522 The Economics of Seasonal Cycles
by Jeffrey A. Miron
- 3521 Post-War Economic Growth in the Group-of-Five Countries: A New Analysis
by Michael J. Boskin & Lawrence J. Lau
- 3520 Stock Prices, News, and Business Conditions
by Grant McQueen & V. Vance Roley
- 3519 Taxation and the Birth of Foreign Subsidiaries
by Hans-Werner Sinn
- 3518 High Inflation and the Nominal Anchors of an Open Economy
by Michael Bruno
- 3517 British and French Finance During the Napoleonic Wars
by Michael D. Bordo & Eugene N. White
- 3516 Municipal Labor Demand in the Presence of Uncertainty: An Econometric Approach
by Douglas Holtz-Eakin & Harvey S. Rosen
- 3515 Equipment Investment and Economic Growth
by J. Bradford De Long & Lawrence H. Summers
- 3514 The Draft Lottery and Voluntary Enlistment in the Vietnam Era
by Joshua D. Angrist
- 3513 A Simple Model of Useless Speculation
by Murray C. Kemp & Hans-Werner Sinn
- 3512 Comparative Advantage, Geographic Advantage, and the Volume of Trade
by James E. Rauch
- 3511 Riding the Yield Curve: Reprise
by Robin Grieves & Alan J. Marcus
- 3510 Recursive and Sequential Tests of the Unit Root and Trend Break Hypothesis: Theory and International Evidence
by Anindya Banerjee & Robin L. Lumsdaine & James H. Stock
- 3509 Immigration and the Family
by George J. Borjas & Stephen G. Bronars
- 3508 Public Sector Dynamics
by Alan J. Auerbach
- 3507 Inputs to Tax Policymaking: The Supply Side, the Deficit, and the Level Playing Field
by Don Fullerton
- 3506 Distortionary Taxes and the Provision of Public Goods
by Charles L. Ballard & Don Fullerton
- 3505 A General Equilibrium Model of Housing, Taxes, and Portfolio Choice
by James Berkovec & Don Fullerton
- 3504 Where Does the Meteor Shower Come From? The Role of Stochastic Policy Coordination
by Takatoshi Ito & Robert F. Engle & Wen-Ling Lin
- 3503 Procyclical Labor Productivity and Competing Theories of the Business Cycle: Some Evidence from Interwar U.S. Manufacturing Industries
by Ben S. Bernanke & Martin L. Parkinson
- 3502 Efficient Contracting and Market Power: Evidence from the U.S. Natural Gas Industry
by R. Glenn Hubbard & Robert J. Weiner
- 3501 Taxation and the Cost of Capital: The "Old" View, the "New" View and Another View
by Hans-Werner Sinn
- 3500 Taxes, Tariffs, and The Global Corporation
by James Levinsohn & Joel Slemrod