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Content
1990
- 3499 International Impacts on Domestic Political Economy: A Case of Japanese General Elections
by Takatoshi Ito
- 3498 New Trading Practices and Short-run Market Efficiency
by Kenneth A. Froot & Andre F. Perold
- 3497 Capital Flows, Foreign Direct Investment, and Debt-Equity Swaps in Developing Countries
by Sebastian Edwards
- 3496 The Globalization of Information and Capital Mobility
by William H. Branson & Dwight M. Jaffee
- 3495 Interest Rate Spreads, Credit Constraints, and Investment Fluctuations: An Empirical Investigation
by Mark Gertler & R. Glenn Hubbard & Anil Kashyap
- 3494 Workers' Compensation and Injury Duration: Evidence from a Natural Experiment
by Bruce D. Meyer & W. Kip Viscusi & David L. Durbin
- 3493 Explaining Fiscal Policies and Inflation in Developing Countries
by Sebastian Edwards & Guido Tabellini
- 3492 The Effect of Veterans Benefits on Veterans' Education and Earnings
by Joshua D. Angrist
- 3491 Sectoral Shifts and Cyclical Unemployment Reconsidered
by S. Lael Brainard & David M. Cutler
- 3490 On the Accuracy of Producer Price Indexes for Pharmaceutical Preparations: An Audit Based on Detailed Firm-Specific Data
by Ernst R. Berndt & Zvi Griliches & Joshua G. Rosett
- 3489 Fiscal Policy, Capital Accumulation, and Debt in an Open Economy
by Stephen J. Turnovsky & Partha Sen
- 3488 The Gold Standard, Deflation, and Financial Crisis in the Great Depression: An International Comparison
by Ben Bernanke & Harold James
- 3487 The Federal Funds Rate and the Channels of Monetary Transnission
by Ben Bernanke
- 3486 On the Predictive Power of Interest Rates and Interest Rate Spreads
by Ben Bernanke
- 3485 Trade, Knowledge Spillovers, and Growth
by Gene M. Grossman & Elhanan Helpman
- 3484 The Success of Acquisitions: Evidence From Disvestitures
by Steven Kaplan & Michael S. Weisbach
- 3483 Auctions with Endogenous Valuations, The Snowball Effect Revisited
by Kala Krishna
- 3482 Search for a Theory of Money
by Nobuhiro Kiyotaki & Randall Wright
- 3481 Asset Returns with Transactions Cost and Uninsured Risk: A Stage III Exercise
by S. Rao Aiyagari & Mark Gertler
- 3480 Learning and the Value of the Firm
by Nobuhiro Kiyotaki
- 3479 Recursive Linear Models of Dynamic Economies
by Lars Peter Hansen & Thomas J. Sargent
- 3478 Political Cycles in OECD Economies
by Alberto Alesina & Nouriel Roubini
- 3477 Fiscal Paradise: Foreign Tax Havens and American Business
by James R. Hines, Jr. & Eric M. Rice
- 3476 Welfare and Customs Unions
by Carsten Kowalczyk
- 3475 Monopoly and Trade Policy
by Carsten Kowalczyk
- 3474 Labor Supply, Hours Constraints and Job Mobility
by Joseph G. Altonji & Christina H. Paxson
- 3473 Marriage, Motherhood, and Wages
by Sanders Korenman & David Neumark
- 3472 Wealth Depletion and Life Cycle Consumption by the Elderly
by Michael D. Hurd
- 3471 Temporal Variation in the Interest-Rate Response to Money Announcements
by V. Vance Roley & Simon M. Wheatley
- 3470 Exchange Rate Forecasting Techniques, Survey Data, and Implications for the Foreign Exchange Market
by Jeffrey A. Frankel & Kenneth Froot
- 3469 Finite Lifetimes and Growth
by Larry E. Jones & Rodolfo E. Manuelli
- 3468 The Predictability of Real Exchange Rate Changes in the Short and Long Run
by Robert E. Cumby & John Huizinga
- 3467 Rational Speculative Bubbles in an Exchange Rate Target Zone
by Willem H. Buiter & Paolo A. Pesenti
- 3466 The Foreign Exchange Risk Premium in a Target Zone with Devaluation Risk
by Lars E.O. Svensson
- 3465 Investor Sentiment and the Closed-End Fund Puzzle
by Charles Lee & Andrei Shleifer & Richard Thaler
- 3464 Stock Prices and Bond Yields: Can Their Comovements Be Explained in Terms of Present Value Models?
by Robert J. Shiller & Andrea E. Beltratti
- 3463 Scale and Scope Effects on Advertising Agency Costs
by Alvin J. Silk & Ernst R. Berndt
- 3462 Down and Out in North America: Recent Trends in Poverty Rates in the U.S. and Canada
by Maria J. Hanratty & Rebecca M. Blank
- 3461 The Special Education Costs of Low Birthweight
by Stephen Chaikind & Hope Corman
- 3460 The Politics of 1992: Fiscal Policy and European Integration
by Torsten Persson & Guido Tabellini
- 3459 A Cross Country Comparison of Seasonal Cycles and Business Cycles
by J. Joseph Beaulieu & Jeffrey A. Miron
- 3458 Pensions and Wages: An Hedonic Price Theory Approach
by Edward B. Montgomery & Kathryn Shaw & Mary Ellen Benedict
- 3457 International Trade and Investment under Different Rates of Time Preference
by Kyoji Fukao & Koichi Hamada
- 3456 Monetary Overhang and Reforms in the 1940s
by Rudiger Dornbusch & Holger Wolf
- 3455 Taxes, Fringe Benefits and Faculty
by Daniel S. Hamermesh & Stephen A. Woodbury
- 3454 The Dynamic Efficiency Cost of Not taxing Housing
by Jonathan Skinner
- 3453 Popular Attitudes Towards Free Markets: The Soviet Union and the United States Compared
by Robert J. Shiller & Maxim Boycko & Vladimir Korobov
- 3452 Fundamental Value and Market Value
by William C. Brainard & Matthew D. Shapiro & John B. Shoven
- 3451 Do Stationary Risk Premia Explain It All? Evidence from the Term Struct
by Martin D. Evans & Karen K. Lewis
- 3450 The Seasonal Cycle in U.S. Manufacturing
by J. Joseph Beaulieu & Jeffrey A. Miron
- 3449 Human Resource Management Systems and the Performance of U.S. Manufacturing Businesses
by Casey Ichniowski
- 3448 A Sorting Model of Labor Contracts: Implications for Layoffs and Wage-Tenure Profiles
by Andrew Weiss & Ruqu Wang
- 3447 Women's Work, Women's Lives: A Comparative Economic Perspective
by Francine D. Blau & Marianne A. Ferber
- 3446 Assuming The Can Opener: Hedonic Wage Estimates and the Value of Life
by William T. Dickens
- 3445 Career Plans and Expectations of Young Women and Men: The Earnings Gap and Labor Force Participation
by Francine D. Blau
- 3444 Employment and Earnings of Disadvantaged Young Men in a Labor Shortage Economy
by Richard B. Freeman
- 3443 Capital Controls, Collection Costs, and Domestic Public Debt
by Joshua Aizenman & Pablo E. Guidotti
- 3442 Measures of Prices and Price Competitiveness in International Trade in Manufactured Goods
by Robert E. Lipsey & Linda Molinari & Irving B. Kravis
- 3441 Does Competition Between Currencies Lead to Price Level and Exchange Rate Stability?
by Michael Woodford
- 3440 Monetary Contracting Between Central Banks and the Design of SustainableExchange-Rate Zones
by Francisco Delgado & Bernard Dumas
- 3439 On The Behavior of Commodity Prices
by Angus Deaton & Guy Laroque
- 3438 Participation Dynamics: Sunspots and Cycles
by Satyajit Chatterjee & Russell Cooper & B. Ravikumar
- 3437 Disability Transfers and the Labor Force Attachment of Older Men: Evidence from the Historical Record
by John Bound
- 3436 Patterns of Aging in Thailand and Cote D'Ivoire
by Angus Deaton & Christina H. Paxson
- 3435 The Role of Banks in Reducing the Costs of Financial Distress in Japan
by Takeo Hoshi & Anil Kashyap & David Scharfstein
- 3434 Tax Policy and the Dividend Puzzle
by B. Douglas Bernheim
- 3433 Technological Change and the Careers of Older Workers
by Ann P. Bartel & Nachum Sicherman
- 3432 Real Business Cycle Theory: Wisdom or Whimsy?
by Martin Eichenbaum
- 3431 A Theory of Corporate Financial Structure Based on the Seniority of Claims
by Oliver Hart & John Moore
- 3430 Measuring Ignorance in the Market: A New Method with an Application to Physician Services
by Martin Gaynor & Solomon Polachek
- 3429 Enforcement Costs and the Optimal Magnitude and Probability of Fines
by A. Mitchell Polinsky & Steven Shavell
- 3428 Medical Malpractice: An Empirical Examination of the Litigation Process
by Henry S. Farber & Michelle J. White
- 3427 Univariate vs. Multivariate Forecasts of GNP Growth and Stock Returns: Evidence and Implications for the Persistence of Shocks, Detrending Methods
by John H. Cochrane
- 3426 Did J.P. Morgan's Men Add Value? A Historical Perspective on Financial Capitalism
by J. Bradford De Long
- 3425 Modeling American Marriage Patterns
by David E. Bloom & Neil G. Bennett
- 3424 Sovereign Debt, Reputation, and Credit Terms
by Jonathan Eaton
- 3423 Immigrant Participation in the Welfare System
by George J. Borjas & Stephen J. Trejo
- 3422 Fertility Timing, Wages, and Human Capital
by McKinley L. Blackburn & David E. Bloom
- 3421 Ex-Day Behavior of Japanese Stock Prices: New Insights from New Methodology
by Fumio Hayashi & Ravi Jagannathan
- 3420 Aging and Labor Force Participation: A Review of Trends and Explanations
by David A. Wise & Robin L. Lumsdaine
- 3419 Economic Growth and Convergence across The United States
by Robert J. Barro & Xavier Sala-i-Martin
- 3418 Target Zones with Limited Reserves
by Paul Krugman & Julio Rotemberg
- 3417 An Experimental Comparison of Dispute Rates in Alternative Arbitration Systems
by Orley Ashenfelter & Janet Currie & Henry S. Farber & Matthew Spiegel
- 3416 Can Capital Income Taxes Survive in Open Economies?
by Roger H. Gordon
- 3415 The Continued Interest Rate Vulnerability of Thrifts
by Patric H. Hendershott & James D. Shilling
- 3414 Human Capital, Fertility, and Economic Growth
by Gary S. Becker & Kevin M. Murphy & Robert F. Tamura
- 3413 Human Capital, Product Quality, And Growth
by Nancy L. Stokey
- 3412 Foreign Firms and Export Performance in Developing Countries: Lessons from the Debt Crisis
by Magnus Blomstrom & Robert E. Lipsey
- 3411 Trends and Cycles in Foreign Lending
by Barry Eichengreen
- 3410 Relaxing the External Constraint: Europe in the 1930s
by Barry Eichengreen
- 3409 Jobfinding and Wages when Longrun Unemployment is Really Long: The Case of Spain
by Alfonso Alba-Ramirez & Richard B. Freeman
- 3408 The Resurgence of Inventory Research: What Have We Learned?
by Alan S. Blinder & Louis J. Maccini
- 3407 Views on the Likelihood of Financial Crisis
by Benjamin M. Friedman
- 3406 P* Type Models: Evaluation and Forecasts
by Rowena A. Pecchenino & Robert H. Rasche
- 3405 Tax Aspects of Policy Towards Aging Populations: Canada and the United States
by Alan J. Auerbach & Laurence J. Kotlikoff
- 3404 U.S. Demographics and Saving: Predictions of Three Saving Models
by Alan J. Auerbach & Jinyong Cai & Laurence J. Kotlikoff
- 3403 Precautionary Saving and the Marginal Propensity to Consume
by Miles S. Kimball
- 3402 The Consumption of Stockholders and Non-Stockholders
by N. Gregory Mankiw & Stephen P. Zeldes
- 3401 Capital Positions of Japanese Banks
by Edward J. Kane & Haluk Unal & Asli Demirguc-Kunt
- 3400 Asymmetric Information and Financial Crises: A Historical Perspective
by Frederic S. Mishkin
- 3399 Sanctions
by Jonathan Eaton & Maxim Engers
- 3398 Occasional Interventions to Target Rates with a Foreign Exchange Application
by Karen K. Lewis
- 3397 Why Doesn't Society Minimize Central Bank Secrecy?
by Karen K. Lewis
- 3396 Interdependent Pricing and Markup Behavior: An Empirical Analysis of GM, Ford and Chrysler
by Ernst R. Berndt & Ann F. Friedlaender & Judy Shaw-Er Wang Chiang
- 3395 Externalities, Incentives, and Economic Reforms
by Joshua Aizenman & Peter Isard
- 3394 The Simplest Test of Target Zone Credibility
by Lars E.O. Svensson
- 3393 The Phillips Curve Now and Then
by Robert J. Gordon
- 3392 An Empirical Model of Labor Supply in the Underground Economy
by Bernard Fortin & Thomas Lemieux & Pierre Frechette
- 3391 The Impact of Permanent and Temporary Import Surcharges on the U.S. Trade Deficit
by Barry Eichengreen & Lawrence H. Goulder
- 3390 How Risky is the Debt in Highly Leveraged Transactions? Evidence from Public Recapitalizations
by Steven N. Kaplan & Jeremy C. Stein
- 3389 Hot Hands in Mutual Funds: The Persistence of Performance, 1974-87
by Darryll Hendricks & Jayendu Patel & Richard Zeckhauser
- 3388 Should The Fed Smooth Interest Rates? The Case of Seasonal Monetary Policy
by N. Gregory Mankiw & Jeffrey A. Miron
- 3387 Ranking, Unemployment Duration, and Wages
by Olivier Jean Blanchard & Peter Diamond
- 3386 Revenue and Welfare Implications for a Capital Gains Tax Cut
by Patric H. Hendershott & Eric Toder & Yunhi Won
- 3385 Waiting for Work
by George A. Akerlof & Andrew K. Rose & Janet L. Yellen
- 3384 International Costs and Benefits from EMU
by George Alogoskoufis & Richard Portes
- 3383 Money and Prices in Colonial America: A New Test of Competing Theories
by Bennett T. McCallum
- 3382 Rules versus Discretion in Trade Policy: An Empirical Analysis
by Robert W. Staiger & Guido Tabellini
- 3381 Banks in the Market for Liquidity
by Peter Garber & Steven Weisbrod
- 3380 Before the Accord: U.S. Monetary-Financial Policy 1945-51
by Barry Eichengreen & Peter Garber
- 3379 Tax Policy Toward Art Museums
by Don Fullerton
- 3378 Price Indexes for Microcomputers: An Exploratory Study
by Ernst R. Berndt & Zvi Griliches
- 3377 Taxes, Outward Orientation, and Growth Performance in Korea
by Irene Trela & John Whalley
- 3376 Business Cycle Properties of Selected U.S. Economic Time Series, 1959-1988
by James H. Stock & Mark W. Watson
- 3375 An Alternative View of Tax Incidence Analysis for Developing Countries
by Anwar Shah & John Whalley
- 3374 The Term Structure of Interest Rate Differentials in a Target Zone: Theory and Swedish Data
by Lars E.O. Svensson
- 3373 Moral Hazard in Partnerships
by Martin Gaynor & Paul Gertler
- 3372 Can Severe Fiscal Contractions be Expansionary? Tales of Two Small European Countries
by Francesco Giavazzi & Marco Pagano
- 3371 The Cost of Capital in Japan: Recent Evidence and Further Results
by Albert Ando & Alan J. Auerbach
- 3370 The Stock Market, Profit and Investment
by Olivier Blanchard & Changyong Rhee & Lawrence Summers
- 3369 Efficient Windows and Labor Force Reduction
by Robin L. Lumsdaine & James H. Stock & David A. Wise
- 3368 Forecasting Prices and Excess Returns in the Housing Market
by Karl E. Case & Robert J. Shiller
- 3367 The Gold Standard as a Rule
by Michael D. Bordo & Finn E. Kydland
- 3366 The Manufacturing Sector Master File: 1959-1987
by Bronwyn H. Hall
- 3365 Fear, Unemployment and Pay Flexibility
by David G. Blanchflower
- 3364 Price Behavior in Japanese and U.S. Manufacturing
by Richard C. Marston
- 3363 The Provision of Time to the Elderly by Their Children
by Axel Borsch-Supan & Jagadeesh Gokhale & Laurence J. Kotlikoff & John N. Morris
- 3362 Public Finance in Models of Economic Growth
by Robert J. Barro & Xavier Sala-i-Martin
- 3361 Self-Fulfilling Expectations and Fluctuations in Aggregate Demand
by Michael Woodford
- 3360 Equilibrium Models of Endogenous Fluctuations: an Introduction
by Michael Woodford
- 3359 Asymmetric Information and the New Theory of the Firm: Financial Constraints and Risk Behavior
by Bruce C. Greenwald & Joseph E. Stiglitz
- 3358 Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States
by David Card & Alan Krueger
- 3357 Volatiltiy and Links Between National Stock Markets
by Mervyn King & Enrique Sentana & Sushil Wadhwani
- 3356 A Genral Model of Dynamic Labor Demand
by Daniel S. Hamermesh
- 3355 Market Power, Economic Profitability and Productivity Growth Measurement: An Integrated Structural Approach
by Catherine J. Morrison
- 3354 Some Inefficiency Implication of Generational Politics and Exchange
by Laurence J. Kotlikoff & Robert W. Rosenthal
- 3353 Product Market Competition, Union Organizing Activity, and Employer Resistence
by John M. Abowd & Henry S. Farber
- 3352 The Effects of International Competiton on Collective Bargaining Outcomes: A Comparison of the United States and Canada
by John M. Abowd & Thomas Lemieux
- 3351 The NBER Immigration, Trade, and Labor Markets Data Files
by John M. Abowd
- 3350 Valuation of Variance Forecast with Simulated Option Markets
by Robert F. Engle & Che-Hsiung Hong & Alex Kane
- 3349 Testing the Positive Theory of Government Finance
by David S. Bizer & Steven N. Durlauf
- 3348 Does Corporate Performance Improve After Mergers?
by Paul M. Healy & Krishna G. Palepu & Richard C. Rubak
- 3347 On Uniform Import Tariffs in Developing Countries
by Sebastian Edwards
- 3346 Labor Market Distortions and Structural Adjustments in Developing Countries
by Sebastian Edwards & Alejandra Cox Edwards
- 3345 Provision of Child Care: Cost Functions for Profit-Making and Not-for-Profit Day Care Centers
by Swati Mukerjee & Ann Dryden Witte & Sheila Hollowell
- 3344 Homework in Macoreconomics I: Basic Theory (Part I of II)
by Jess Benhabib & Randall Wright & Richard Rogerson
- 3343 Health, Children, and Elderly Living Arrangements: A Multiperiod-Multinomial Probit Model with Unobserved Heterogeneity and Autocorrelated Errors
by Axel Borsch-Supan & Vassilis Hajivassiliou & Laurence J. Kotlikoff & John N. Morris
- 3342 Going Different Ways: Unionism in the U.S. and Other Advanced O.E.C.D. Countries
by David G. Blanchflower & Richard B. Freeman
- 3341 What is National Saving?: Alternative Measures in Historical and International Context
by David F. Bradford
- 3340 Government Failures in Development
by Anne O. Krueger
- 3339 Internal Net Worth and the Investment Process: An Application to U.S. Agriculture
by R. Glenn Hubbard & Anil Kashyap
- 3338 Public Policy and Economic Growth: Developing Neoclassical Implications
by Robert G. King & Sergio Rebelo
- 3337 The Quality Dimension in Army Retention
by Charles Brown
- 3336 Wage Levels and Method of Pay
by Charles Brown
- 3335 Drawing Inferences From Statistics Based on Multi-Year Asset Returns
by Matthew Richardson & James H. Stock
- 3334 Ownership, Agency and Wages: An Examination in the Fast Food Industry
by Alan B. Krueger
- 3333 Capital Flight and Tax Competition: Are There Viable Solutions to Both Problems?
by Alberto Giovannini & James R. Hines, Jr.
- 3332 Systematic Movements in Real Exchange Rates in the G-5: Evidence on theIntegration of Internal and External Markets
by Richard C. Marston
- 3331 Pensions and the U.S. Labor Market
by Alan L. Gustman & Olivia S. Mitchell
- 3330 The Output, Employment, and Interest Rate Effects of Government Consumption
by S. Rao Aiyagari & Lawrence J. Christiano & Martin Eichenbaum
- 3329 The Welfare Economics of Cooperative and Noncooperative Fiscal Policy
by Willem H. Buiter & Kenneth M. Kletzer
- 3328 Fiscal Policy Interdependence and Efficiency
by Willem H. Buiter & Kenneth M. Kletzer
- 3327 Canada - U.S. Free Trade and Pressures for Tax Harmonization
by Roger H. Gordon
- 3326 The Relation Between Firm Growth and Q with Multiple Capital Goods: Theory and Evidence from Panel Data on Japanese Firms
by Fumio Hayashi & Tohru Inoue
- 3325 Long Run Policy Analysis and Long Run Growth
by Sergio T. Rebelo
- 3324 Do Stock Prices Move Together Too Much?
by Robert S. Pindyck & Julio J. Rotemberg
- 3323 Financial Innovation and Current Trends in U.S. Financial Markets
by Frederic S. Mishkin
- 3322 An Empirical Analysis of Cigarette Addiction
by Gary S. Becker & Michael Grossman & Kevin M. Murphy
- 3321 The Internationalization of the U.S. Labor Market
by John M. Abowd & Richard B. Freeman
- 3320 Predicting Exchange Rate Crises: Mexico Revisited
by Linda S. Goldberg
- 3319 Re-Interpreting the Failure of Foreign Exchange Market Efficiency Tests:Small Transaction Costs, Big Hysteresis Bands
by Richard E. Baldwin
- 3318 Entry, Contestability, and Deregulated Airline Markets: An Event Study Analysis of People Express
by Michael D. Whinston & Scott C. Collins
- 3317 World Real Interest Rates
by Robert J. Barro & Xavier Sala-i-Martin
- 3316 The Welfare Economics of Moral Hazard
by Richard Arnott & Joseph Stiglitz
- 3315 Tariffs and Sectoral Adjustments in an Open Economy
by Stephen J. Turnovsky
- 3314 Risk Adjusted Deposit Insurance for Japanese Banks
by Ryuzo Sato & Rama V. Ramachandran & Bohyong Kang
- 3313 Fiscal Policy and the External Deficit: Siblings, but not Twins
by John F. Helliwell
- 3312 Does Labor Supply Explain Fluctuations in Average Hours Worked?
by Joshua D. Angrist
- 3311 Risk and Return on Real Estate: Evidence from Equity REITs
by K.C. Chan & Patric H. Hendershott & Anthony B. Sanders
- 3310 Tenure Choice of American Youth
by Donald R. Haurin & Patric H. Hendershott & Dongwook Kim
- 3309 Real Rents and Household Formation: The Effect of the 1986 Tax Reform Act
by Donald R. Haurin & Patric H. Hendershott & Dongwook Kim
- 3308 Incentive Conflict in the International Regulatory Agreement on Risk-Based Analysis
by Edward J. Kane
- 3307 Irreversibility, Uncertainty, and Investment
by Robert S. Pindyck
- 3306 Is the Japanese Distribution System Really Inefficient?
by Takatoshi Ito & Masayoshi Maruyama
- 3305 Measuring the Persistence of Expected Returns
by John Y. Campbell
- 3304 The International Comparison Program: Current Status and Problems
by Irving B. Kravis & Robert E. Lipsey
- 3303 Do Publicly Traded Corporations Act in the Public Interest?
by Roger H. Gordon
- 3302 From Stabilization to Growth
by Rudiger Dornbusch