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Content
1988
- 2707 Inventive Activity in Early Industrial America: Evidence From Patent Records, 1790 - 1846
by Kenneth L. Sokoloff
- 2706 Partisan Cycles in Congressional Elections and the Macroeconomy
by Alberto Alesina & Howard Rosenthal
- 2705 Tariffs in an Economy with Incomplete Markets and Unemployment
by Raquel Fernandez
- 2704 Bank Size, Reputation, and Debt Renegotiation
by Raquel Fernandez & David Kaaret
- 2703 Intraday Yen/Dollar Exchange Rate Movements: News or Noise?
by Takatoshi Ito & V. Vance Roley
- 2702 Collapsing Exchange Rate Regimes: Shocks and Biases
by Linda S. Goldberg
- 2701 The Founding of the Fed and the Destabilization of the Post-1914 Economy
by Jeffrey A. Miron
- 2700 Is Theory Really Ahead of Measurement? Current Real Business Cycle Theories and Aggregate Labor Market Fluctuations
by Lawrence J. Christiano & Martin Eichenbaum
- 2699 A Strategic Altruism Model In Which Ricardian Equivalence Does Not Hold
by Laurence J. Kotlikoff & Assaf Razin & Robert W. Rosenthal
- 2698 Unemployment: Getting the Questions Right - and some of the answers
by Olivier Jean Blanchard
- 2697 Schooling and the Great Migration
by Robert A. Margo
- 2696 Proprietary Public Finance, Political Competition, and Reputation
by Herschel I. Grossman & Suk Jae Noh
- 2695 Searching For a Break in GNP
by Lawrence J. Christiano
- 2694 Time-Varying Risk Perceptions and the Pricing of Risky Assets
by Benjamin M. Friedman & Kenneth N. Kuttner
- 2693 Modeling Structural and Temporal Variation in the Market's Valuation of Banking Firms
by Edward J. Kane & Haluk Unal
- 2692 Voluntary Debt Reduction: Incentives and Welfare
by Elhanan Helpman
- 2691 Understanding Real Interest Rates
by Frederic S. Mishkin
- 2690 Job Training, Wage Growth, and Labor Turnover
by Jacob Mincer
- 2689 Business Cycles and the Exchange Rate System: Some International Evidence
by Marianne Baxter & Alan C. Stockman
- 2688 The Seasonal Cycle and the Business Cycle
by Robert B. Barsky & Jeffrey A. Miron
- 2687 U.S. Tax Laws and Capital Flight From Latin America
by Charles E. McLure, Jr.
- 2686 Pensions, The Option Value of Work, and Retirement
by James H. Stock & David A. Wise
- 2685 The Ricardian Approach to Budget Deficits
by Robert J. Barro
- 2684 Investor Behavior in the October 1987 Stock Market Crash: The Case of Japan
by Robert J. Shiller & Fumiko Kon-Ya & Yoshiro Tsutsui
- 2683 News and the Dollar/Yen Exchange Rate, 1931-1933: The End of the Gold Standard, Imperialism, and the Great Depression
by Takatoshi Ito & Kunio Okina & Juro Teranishi
- 2682 Political and Economic Determinants of Budget Deficits in the IndustrialDemocracies
by Nouriel Roubini & Jeffrey Sachs
- 2681 Terms of Trade and the Transmission of Output Shocks in a Rational Expectations Model
by Carol L. Osler
- 2680 Precautionary Saving and the Timing of Taxes
by Miles S. Kimball & N. Gregory Mankiw
- 2679 Foreign Exchange Rate Expectations: Micro Survey Data
by Takatoshi Ito
- 2678 On Time-Series Properties of Time-Varying Risk Premium in the Yen/Dollar Exchange Market
by Fabio Canova & Takatoshi Ito
- 2677 The Mutual Amplification Effect of Exchange Rate Volatility and Unresponsive Trade Prices
by Richard Baldwin & Richard K. Lyons
- 2676 The Diffusion of New Technologies: Evidence From the Electric Utility Industry
by Nancy L. Rose & Paul L. Joskow
- 2675 Buybacks, Exit Bonds, and the Optimality of Debt and Liquidity Relief
by Kenneth A. Froot
- 2674 The Estimation of Prewar GNP: Methodology and New Evidence
by Nathan S. Balke & Robert J. Gordon
- 2673 Debt Neutrality, Professor Vickrey and Henry George's "Single Tax"
by Willem H. Buiter
- 2672 Econometric Analyses of the Empirical Consequences of Comparable Worth: What Have We Learned?
by Ronald G. Ehrenberg
- 2671 The Excess Co-Movement of Commodity Prices
by Robert S. Pindyck & Julio J. Rotemberg
- 2670 International Coordination of Economic Policies: Scope, Methods, and Effects
by Jacob A. Frenkel & Morris Goldstein & Paul R. Masson
- 2669 Can International Policy Coordination Really Be Counterproductive?
by Carlo Carraro & Francesco Giavazzi
- 2668 Targets and Instruments of Monetary Policy
by Benjamin M. Friedman
- 2667 A Note on Revenue Forecasting During the Dukakis Administration
by Daniel R. Feenberg & Harvey S. Rosen
- 2666 Dysfunctional Non-Market Institutions and the Market
by Richard J. Arnott & Joseph E. Stiglitz
- 2665 Oligopoly in Segmented Markets
by Shmuel Ben-Zvi & Elhanan Helpman
- 2664 Evidence From Seven Countries on Whether Inventories Smooth Aggregate Output
by Kenneth D. West
- 2663 The Demand For Cigarettes and Restrictions on Smoking in the Workplace
by Frank J. Chaloupka & Henry Saffer
- 2662 External Debt, Planning Horizon and Distorted Credit Markets
by Joshua Aizenman
- 2661 The Effects of Japanese Social Security Retirement Benefits on Personal Savings and Elderly Labor Force Behavior
by Tetsuji Yamada & Tadashi Yamada
- 2660 The Pension Inducement to Retire: An Option Value Analysis
by James H. Stock & David A. Wise
- 2659 Tax Induced Trading: The Effect of the 1986 Tax Reform Act on Stock Market Activity
by Paul J. Bolster & Lawrence B. Lindsey & Andrew W. Mitrusi
- 2658 Rules and Discretion in Trade Policy
by Robert W. Staiger & Guido Tabellini
- 2657 Private Cost Information and the Multinational Enterprise
by Kyle Bagwell & Robert W. Staiger
- 2656 Factor Market Barriers are Trade Barriers: Gains From Trade in 1992
by Richard Baldwin
- 2655 The Welfare Economics of Debt Service
by Dani Rodrik
- 2654 Closing the Technology Gap: Does Trade Liberalization Really Help?
by Dani Rodrik
- 2653 Exchange-Rate Management Viewed as Tax Policies
by Jacob A. Frenkel & Assaf Razin
- 2652 Structural/Frictional and Demand-Deficient Unemployment in Local Labor Markets
by Harry J. Holzer
- 2651 Pareto Inefficiency of Market Economies: Search and Efficiency Wage Models
by Bruce Greenwald & Joseph E. Stiglitz
- 2650 The Effects of Fiscal Policy on International Imbalances: Japan and the United States
by John F. Helliwell
- 2649 Job Mobility and the Careers of Young Men
by Robert H. Topel & Michael P. Ward
- 2648 The International Monetary System: Developments and Prospects
by Jacob A. Frenkel & Morris Goldstein
- 2647 The Effects of Hours Constraints on Labor Supply Estimates
by Shulamit Kahn & Kevin Lang
- 2646 The Impact of the Agencies on Conventional Fixed-Rate Mortgage Yields
by Patric H. Hendershott & James D. Shilling
- 2645 The Stabilization of the U.S. Economy Evidence From the Stock Market
by Matthew D. Shapiro
- 2644 Conditionality, Debt Relief, and the Developing Country Debt Crisis
by Jeffrey Sachs
- 2643 Tax Aversion, Optimal Tax Rates, and Indexation
by Roger N. Waud
- 2642 A Test of Consumption Insurance
by John H. Cochrane
- 2641 Liquidity and Market Structure
by Sanford J. Grossman & Merton H. Miller
- 2640 Performance Evaluation of Market Timers
by Alex Kane & Stephen Gary Marks
- 2639 The Great Crash and the Onset of the Great Depression
by Christina D. Romer
- 2638 Do Tournaments Have Incentive Effects?
by Ronald G. Ehrenberg & Michael L. Bognanno
- 2637 Sovereign Debt Restructurings: Panacea or Pangloss?
by Jeremy I. Bulow & Kenneth Rogoff
- 2636 Default and Renegotiation of Latin American Foreign Bonds in the Interwar Period
by Erika Jorgensen & Jeffrey Sachs
- 2635 Savings Promotion, Investment Promotion, and International Competitiveness
by Lawrence H. Goulder & Barry Eichengreen
- 2634 Hedonic Price Indexes and the Measurement of Capital and Productivity: Some Historical Reflections
by Zvi Griliches
- 2633 Issues in the Measurement and Interpretation of Saving and Wealth
by Michael J. Boskin
- 2632 Do Taxes Affect Corporate Financing Decisions?
by Jeffrey MacKie-Mason
- 2631 Nonlinear Taxation of Risky Assets and Investment, With Application to Mining
by Jeffrey MacKie-Mason
- 2630 Smuggling, Camouflaging, and Market Structure
by Richard A. Jensen & Jerry Thursby & Marie Thursby
- 2629 Temporary Terms of Trade Disturbances, The Real Exchange Rate and the Current Account
by Sebastian Edwards
- 2628 Testing the Rationality of State Revenue Forecasts
by Daniel R. Feenberg & William Gentry & David Gilroy & Harvey S. Rosen
- 2627 Consumer Discrimination and Self-Employment
by George J. Borjas & Stephen G. Bronars
- 2626 What Does the Term Structure Tell Us About Future Inflation?
by Frederic S. Mishkin
- 2625 Self-fulfillment Expectations, Speculation Attacks, and Capitol Controls
by Harris Dellas & Alan C. Stockman
- 2624 R&D, Patents, and Market Value Revisited: Is There Evidence of A SecondTechnological Opportunity Related Factor?
by Zvi Griliches & Bronwyn H. Hall & Ariel Pakes
- 2623 Sovereign Debt: Is To Forgive To Forget?
by Jeremy I. Bulow & Kenneth Rogoff
- 2622 Data Difficulties in Labor Economics
by Daniel S. Hamermesh
- 2621 Stock Prices Under Time-Varying Dividend Risk: An Exact Solution In An Infinite-Horizon General Equilibrium Model
by Andrew B. Abel
- 2620 Bolivia's Economic Crisis
by Juan Antonio Morales & Jeffrey Sachs
- 2619 Heterogeneity in Panel Data: Are There Stable Production Functions?
by Jacques Mairesse & Zvi Griliches
- 2618 Do Developing Countries Lose From the MFA?
by Irene Trela & John Whalley
- 2617 Flexible Staffing Arrangements and Employers' Short-Term Adjustment Strategies
by Katharine G. Abraham
- 2616 Deterioration of the Terms of Trade and Capital Accumulation: A Reexamination of the Laursen-Metzler Effect
by Partha Sen & Stephen J. Turnovsky
- 2615 Production and Trade in Services by U.S. Multinational Firms
by Irving B. Kravis & Robert E. Lipsey
- 2614 Japanese Structural Adjustment and the Balance of Payments
by Jeffrey Sachs & Peter Boone
- 2613 Fiscal Policy With Impure Intergenerational Altruism
by Andrew B. Abel & B. Douglas Bernheim
- 2612 What Do Voluntary Export Restraints Do?
by Kala Krishna
- 2611 Advance Notice Provisions in Plant Closing Legislation: Do They Matter?
by Ronald G. Ehrenberg & George H. Jakubson
- 2610 External Debt, Capital Flight and Political Risk
by Alberto Alesina & Guido Tabellini
- 2609 Meteor Showers or Heat Waves? Heteroskedastic Intra-Daily Volatility in the Foreign Exchange Market
by Robert F. Engle & Takatoshi Ito & Wen-Ling Lin
- 2608 Federal Reserve Behavior Since 1980: A Financial Markets Perspective
by William C. Melton & V. Vance Roley
- 2607 The Debt Crisis: Structural Explanations of Country Performance
by Andrew Berg & Jeffrey Sachs
- 2606 An Analysis of U.S. Postwar Consumption and Saving: Part II -- Empirical Results
by Michael J. Boskin & Lawrence J. Lau
- 2605 An Analysis of Postwar U.S. Consumption and Saving: Part I -- The Model and Aggregation
by Michael J. Boskin & Lawrence J. Lau
- 2604 The Choice of Monetary Instrument in Two Interdependent Economies Under Uncertainty
by Stephen J. Turnovsky & Vasco d'Orey
- 2603 Some Thoughts on the Role of Fiscal Policy in Stabilisation and Structural Adjustment in Developing Countries
by Willem H. Buiter
- 2602 An Economic Analysis of the Market for Law School Students
by Ronald G. Ehrenberg
- 2601 Vertical Restraints and Producers' Competition
by Patrick Rey & Joseph E. Stiglitz
- 2600 Promises, Promises: Credible Policy Reform via Signaling
by Dani Rodrik
- 2599 Inflation and the E M S
by Susan M. Collins
- 2598 South Korea's Experience With External Debt
by Susan M. Collins
- 2597 Sovereign-debt Renegotiations: A Strategic Analysis
by Raquel Fernandez & Robert W. Rosenthal
- 2596 External Debt and Macroeconomic Performance in South Korea
by Susan M. Collins & Won Am Park
- 2595 Market Structure, Strike Activity, and Union Wage Settlements
by John M. Abowd & Joseph S. Tracy
- 2594 Unemployment Insurance, Recall Expectations, And Unemployment Outcomes
by Lawrence F. Katz & Bruce D. Meyer
- 2593 Economic Efficiency in Recent Tax Reform History: Policy Reversals or Consistent Improvements?
by Don Fullerton & James B. Mackie
- 2592 Growth, Technological Progress, and Trade
by Elhanan Helpman
- 2591 Labor Hoarding, Inflexible Prices, and Procyclical Productivity
by Julio J. Rotemberg & Lawrence H. Summers
- 2590 Relative Wages, Efficiency Wages, and Keynesian Unemployment
by Lawrence H. Summers
- 2589 Sources of Business Cycle Fluctuations
by Matthew D. Shapiro & Mark W. Watson
- 2588 Government Spending in a Simple Model of Endogenous Growth
by Robert J. Barro
- 2587 Market-Based Debt-Reduction Schemes
by Paul R. Krugman
- 2586 Deindustrialization, Reindustrialization, and the Real Exchange Rate
by Paul R. Krugman
- 2585 U.S. Inflation, Labor's Share, and the Natural Rate of Unemployment
by Robert J. Gordon
- 2584 The Role Of Export Subsisies When Product Quality Is Unknown
by Kyle Bagwell & Robert W. Staiger
- 2583 Endogenous Participation in Agricultural Support Programs and Ad ValoremEquivalent Modelling
by John Whalley & Randall M. Wigle
- 2582 Debt and Conditionality under Endogenous Terms of Trade Adjustment
by Joshua Aizenman & Eduardo R. Borensztein
- 2581 Interest-Rate Smoothing
by Robert J. Barro
- 2580 Consumption and Investment
by Andrew B. Abel
- 2579 Corporate Taxes and Incentives and the Structure of Production: A Selected Survey
by Jeffrey I. Bernstein & M. Ishaq Nadiri
- 2578 Centre For Labour Economics
by Willem H. Buiter
- 2577 On the Consistency of Short-run and Long-run Exchange Rate Expectations
by Kenneth A. Froot & Takatoshi Ito
- 2576 A Non-Competitive, Equilibrium Model Of Fluctuations
by Robert E. Hall
- 2575 The Information in the Term Structure: Some Further Results
by Frederic S. Mishkin
- 2574 Bubbles, Fads, and Stock Price Volatility Tests: A Partial Evaluation
by Kenneth D. West
- 2573 The Time-Variation of Risk and Return in the Foreign Exchange and Stock Markets
by Alberto Giovannini & Philippe Jorion
- 2572 Labor Demand and the Structure of Adjustment Costs
by Daniel S. Hamermesh
- 2571 Investment, Depreciation, And Capital Utilization
by Jeffrey I. Bernstein & M. Ishaq Nadiri
- 2570 Rates Of Return On Physical And R&D Capital And Structure Of The Production Process: Cross Section And Time Series Evidence
by Jeffrey I. Bernstein & M. Ishaq Nadiri
- 2569 Pricing Physical Assets Internationally
by Bernard Dumas
- 2568 Interpreting Cointegrated Models
by John Y. Campbell & Robert J. Shiller
- 2567 Inflation And Taxation With Optimizing Governments
by James M. Poterba & Julio J. Rotemberg
- 2566 Immigration And Self-Selection
by George J. Borjas
- 2565 Real Exchange Rate Variability under Pegged and Floating Nominal Exchange Rate Systems: An Equilibrium Theory
by Alan C. Stockman
- 2564 Is There A Regional Bias in Federal Tax Subsidy Rates for Giving?
by Charles T. Clotfelter & Daniel R. Feenberg
- 2563 The Impact Of New Unionization On Wages And Working Conditions: A Longitudinal Study Of Establishments Under NLRB Elections
by Richard B. Freeman & Morris M. Kleiner
- 2562 Evaluating the European View that the US has No Unemployment Problem
by Richard B. Freeman
- 2561 Job Queues and Wages: New Evidence on the Minimum Wage and Inter-Industry Wage Structure
by Harry J. Holzer & Lawrence F. Katz & Alan B. Krueger
- 2560 Labor Market Institutions, Constraints, and Performance
by Richard B. Freeman
- 2559 Financial Structure and Aggregate Economic Activity: An Overview
by Mark L. Gertler
- 2558 Costs Of Financial Distress, Delayed Calls Of Convertible Bonds, And The Role Of Investment Banks
by Dwight Jaffee & Andrei Shleifer
- 2557 On The Difference Between Tax And Spending Policies In Models With Finite Horizons
by William H. Branson & Giampaolo Galli
- 2556 A Structural Equation Model for Tax Compliance and Auditing
by Kurt J. Beron & Helen V. Tauchen & Ann Dryden Witte
- 2555 Resolving Debt Crises: An Historical Perspective
by Barry Eichengreen
- 2554 Interindustry R&D Spillovers, Rates Of Return, and Production In High-Tech Industries
by Jeffrey I. Bernstein & M. Ishaq Nadiri
- 2553 The Tax Reform Act Of 1986 And Economic Growth
by Patric H. Hendershott
- 2552 Monetary Policy Without Quantity Variables
by Benjamin M. Friedman
- 2551 Lessons On Monetary Policy From The 1980's
by Benjamin M. Friedman
- 2550 Strikes and Wages: A Test of a Signalling Model
by David Card
- 2549 The Contribution of a Monetary History of the United States: 1867 to 1960 To Monetary History
by Michael D. Bordo
- 2548 Workers' Trust Funds and the Logic of Wage Profiles
by George A. Akerlof & Lawrence F. Katz
- 2547 Learning In Equilibrium Models of Arbitration
by Robert Gibbons
- 2546 Unemployment Insurance And Unemployment Spells
by Bruce D. Meyer
- 2545 Hysteresis In Import Prices: The Beachhead Effect
by Richard Baldwin
- 2544 The Macroeconomics of Exchange-rate and Price-level Interactions: Empirical Evidence for West Germany
by Alberto Giovannini
- 2543 Compositional Effects of Government Spending in a Two-Country Two-SectorProduction Model
by Steven N. Durlauf & Robert W. Staiger
- 2542 Exchange Rate Pass-Through When Market Share Matters
by Kenneth A. Froot & Paul Klemperer
- 2541 LDC Debt: Forgiveness, Indexation, and Investment Incentives
by Kenneth A. Froot & David S. Scharfstein & Jeremy C. Stein
- 2540 Product Development and International Trade
by Gene M. Grossman & Elhanan Helpman
- 2539 Competitiveness, Realignment, and Speculation: The Role of Financial Markets
by Maurice Obstfeld
- 2538 What Moves Stock Prices?
by David M. Cutler & James M. Poterba & Lawrence H. Summers
- 2537 The Effect Of The Investment Tax Credit On The Value Of The Firm
by Andrew B. Lyon
- 2536 National Price Levels and the Prices of Tradables and Nontradables
by Irving B. Kravis & Robert E. Lipsey
- 2535 An Analysis Of Pension Benefit Formulas, Pension Wealth And Incentives From Pensions
by Alan L. Gustman & Thomas L. Steinmeier
- 2534 Credit, Money, and Aggregate Demand
by Ben S. Bernanke & Alan S. Blinder
- 2533 Fads, Martingales, and Market Efficiency
by Bruce N. Lehmann
- 2532 Alternative Mechanisms for Corporate Control
by Randall Morck & Andrei Shleifer & Robert W. Vishny
- 2531 The Line Item Veto and Public Sector Budgets: Evidence from the States
by Douglas Holtz-Eakin
- 2530 Change in Market Assessments of Deposit-Institution Riskiness
by Edward J. Kane & Haluk Unal
- 2529 On the Determinants of the Value of Call Options on Default-Free Bonds
by Stephen A. Buser & Patric H. Hendershott & Anthony B. Sanders
- 2528 Can Public Spending Cuts be Inflationary?
by Willem H. Buiter
- 2527 Optimal Policies with Strategic Distortions
by Kala Krishna & Marie Thursby
- 2526 The Compliance Cost of Itemizing Deductions: Evidence from Individual Tax Returns
by Mark M. Pitt & Joel Slemrod
- 2525 The Poor at Birth: Infant Auxology and Mortality at Philadelphia's Almshouse Hospital, 1848-1873
by Claudia D. Goldin & Robert A. Margo
- 2524 Takeover Bids below the Expected Value of Minority Shares
by Lucian Arye Bebchuk
- 2523 Some Empirical Evidence on the Production Level and Production Cost Smoothing Models of Inventory Investment
by Martin S. Eichenbaum
- 2522 Sectoral Shocks and Structural Unemployment
by Michael H. Riordan & Robert W. Staiger
- 2521 Tariffs and Saving in a Model with New Families
by Charles Engel & Kenneth Kletzer
- 2520 The Role of Demand Management in the Maintenance of Full Employment
by Bennett T. McCallum
- 2519 Capital Subsidies and Countervailing Duties in Oligopolistic Industries
by Barbara J. Spencer
- 2518 Rules Versus Discretion in Monetary Policy
by Stanley Fischer
- 2517 The Implications of Insurance for the Efficacy of Fiscal Policy
by Andrew B. Abel
- 2516 Has State Redistribution Policy Grown More Conservative?
by Robert Moffitt
- 2515 Heckscher-Olin Theory and Non-Competitive Markets
by Robert W. Staiger
- 2514 Organized Labor and the Scope of International Specialization
by Robert W. Staiger
- 2513 The Challenge to U.S. Leadership in High-Technology Industries (Can the United States Maintain Its Lead? Should It Try?)
by Rachel McCulloch
- 2512 Randomness in Tax Enforcement
by Suzanne Scotchmer & Joel Slemrod
- 2511 Stock Prices, Earnings and Expected Dividends
by John Y. Campbell & Robert J. Shiller
- 2510 The Deadweight Loss from `Non-Neutral' Capital Income Taxation
by Alan J. Auerbach