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Content
1987
- 2311 Menu Costs and the Neutrality of Money
by Andrew C. Caplin & Daniel F. Spulber
- 2310 Exchange Rate Policy Reconsidered
by Richard C. Marston
- 2309 Political vs. Currency Premia in International Real Interest Differentials: A Study of Forward Rates for 24 Countries
by Jeffrey A. Frankel & Alan T. MacArthur
- 2308 A Positive Theory of Fiscal Deficits and Government Debt in a Democracy
by Alberto Alesina & Guido Tabellini
- 2307 U.S. Firms in Latin American Service Industries
by Magnus Blomstrom & Robert E. Lipsey
- 2306 Wage Structures and Labor Turnover in the U.S. and in Japan
by Jacob Mincer & Yoshio Higuchi
- 2305 Homeownership Rates of Married Couples: An Econometric Investigation
by Donald R. Haurin & Patric H. Hendershott & David C. Ling
- 2304 Productivity Levels and Productivity Change Under Unionism
by Steven G. Allen
- 2303 Tests of International CAPM with Time-Varying Covariances
by Charles Engel & Anthony P. Rodrigues
- 2302 Monopolistic Competition, Credibility and the Output Costs of Disinflation Programs: An Analysis of Price Controls
by Sweder van Wijnbergen
- 2301 Breath Testing and the Demand for Drunk Driving
by Henry Saffer & Frank Chaloupka
- 2300 Monetary Policy Lessons of recent Inflation and Disinflation
by William Poole
- 2299 Are User Fees Regressive? The Welfare Implications of Health Care Financing Proposals in Peru
by Paul J. Gertler & Luis Locay & Warren C. Sanderson
- 2298 An Analysis of Fiscal Policy Under Operative and Inoperative Bequest Motives
by Andrew B. Abel
- 2297 The Efficiency of Investment in the Presence of Aggregate Demand Spillovers
by Andrei Shleifer & Robert W. Vishny
- 2296 Uncertainty and Liquidity
by Alberto Giovannini
- 2295 Characteristics of Hostile and Friendly Takeover Targets
by Randall Morck & Andrei Shleifer & Robert W. Vishny
- 2294 Private Saving in the United States: 1950-85
by Patric H. Hendershott & Joe Peek
- 2293 International Coordination of Trade Policy
by J. David Richardson
- 2292 Federal Deductibility of State and Local Taxes: A Test of Public Choiceby Representative Government
by Lawrence B. Lindsey
- 2291 The Timing of Retirement: A Comparison of Expectations and Realizations
by B. Douglas Bernheim
- 2290 Pricing Mortgages: An Interpretation of the Models and Results
by Patric H. Hendershott & Robert Van Order
- 2289 Understanding the Real Estate Provisions of Tax Reform: Motivation and Impact
by James R. Follain & Patric H. Hendershott & David C. Ling
- 2288 Intergenerational Altruism and Social Welfare: A Critique of the Dynastic Model
by B. Douglas Bernheim
- 2287 International Policy Coordination: The Case of the Developing Country Debt Crisis
by Jeffrey D. Sachs
- 2286 The Cost of Capital in the U.S. and Japan: A Comparison
by Albert Ando & Alan J. Auerbach
- 2285 Why Does Money Affect Output? A Survey
by Olivier J. Blanchard
- 2284 The Effect of Public Sector Labor laws on Collective Bargaining, Wages, and Employment
by Richard B. Freeman & Robert G. Valletta
- 2283 Federal Assistance and Local Services in the United States: The Evolution of a New Federalist Fiscal Order
by Robert P. Inman
- 2282 The Effect of Family Background on Economic Status: A Longitudinal Analysis of Sibling Correlations
by Gary Solon & Mary Corcoran & Roger H. Gordon & Deborah Laren
- 2281 Household Migration, Urban Growth, and Industrialization: The United States, 1850-1860
by Richard H. Steckel
- 2280 Effects of the Changing U.S. Age Distribution on Macroeconomic Equations
by Ray C. Fair & Kathryn M. Dominguez
- 2279 The Significance of Tax Law Asymmetries: An Empirical Investigation
by Rosanne Altshuler & Alan J. Auerbach
- 2278 Delay in Reporting Acquired Immune Deficiency Syndrome (AIDS)
by Jeffrey E. Harris
- 2277 Financial Innovations in International Financial Markets
by Richard M. Levich
- 2276 Developing the ECU Markets: Perspectives on Financial Innovation
by Richard M. Levich
- 2275 On the Definition and Magnitude of Recent Capital Flight
by Robert E. Cumby & Richard M. Levich
- 2274 Is the U.S. a Spendthrift Nation?
by Robert E. Lipsey & Irving B. Kravis
- 2273 The Impact of Firm Acquisitions on Labor
by Charles Brown & James L. Medoff
- 2272 Housing Finance Imperfections and Private Saving: A Comparative Simulation Analysis of the U.S. and Japan
by Fumio Hayashi & Takatoshi Ito & Joel Slemrod
- 2271 Inter-Industry Wage Differences and Theories of Wage Determination
by William T. Dickens & Lawrence F. Katz
- 2270 The Optimal Collection of Seigniorage: Theory and Evidence
by N. Gregory Mankiw
- 2269 Regulation and the Provision of Quality to Heterogenous Consumers: The Case of Prospective Pricing of Medical Services
by Robin Allen & Paul J. Gertler
- 2268 Stabilization with Exchange Rate Management under Uncertainty
by Allan Drazen & Elhanan Helpman
- 2267 The Decline of Unionization in the United States: What can Be Learned from Recent Experience?
by Henry S. Farber
- 2266 Pensions and Firm Performance
by Steven G. Allen & Robert L. Clark
- 2265 Consumption
by Robert E. Hall
- 2264 Investment Under Uncertainty: Theory and Tests with Industry Data
by Robert E. Hall
- 2263 Longitudinal Analysis of Strike Activity
by David Card
- 2262 Excess Capacity, Monopolistic Competition, and International Transmission of Monetary Disturbances
by Lars E.O. Svensson & Sweder van Wijnbergen
- 2261 Tariffs, Employment and the Current Account: Real Wage Resistance and the Macroeconomics of Protectionism
by Sweder van Wijnbergen
- 2260 Who Should Learn What From the Failure and Delayed Bailout of the ODGF?
by Edward J. Kane
- 2259 Nominally Sovereign Debt, Risk Shifting, and Reputation
by Herschel I. Grossman & John B. Van Huyck
- 2258 Testing Ricardian Neutrality with an Intertemporal Stochastic Model
by Leonardo Leiderman & Assaf Razin
- 2257 Social Security Benefits: An Empirical Study of Expectations and Realizations
by B. Douglas Bernheim
- 2256 Future Social Security Financing Alternatives and National Saving
by Michael J. Boskin
- 2255 The Stochastic Properties of Velocity: A New Interpretation
by Michael D. Bordo & Lars Jonung
- 2254 Unions and Efficiency in Private Sector Construction: Further Evidence
by Steven G. Allen
- 2253 Implicit Estimates of Natural, Trend, and Cyclical Components of Real GNP
by Charles R. Nelson
- 2252 The Insensitivity of Consumption to News About Income
by Kenneth D. West
- 2251 Efficient "Myopic" Asset Pricing in General Equilibrium: A Potential Pitfall in Excess Volatility Tests
by Willem H. Buiter
- 2250 Capital Controls and the Timing of Exchange Regime Collapse
by Daekuen Park & Jeffrey Sachs
- 2249 Are Exchange Rates Excessively Variable?
by Jeffrey A. Frankel & Richard Meese
- 2248 Self-Selection and the Earnings of Immigrants
by George J. Borjas
- 2247 Intertemporal Constraints, Shadow Prices, and Financial Asset Values
by Robert S. Chirinko
- 2246 Implicit Taxation in Lottery Finance
by Charles T. Clotfelter & Philip J. Cook
- 2245 Home Ownership and Real House Prices: Sources of Change, 1965-85
by Patric H. Hendershott
- 2244 International Macroeconomic Policy Coordination
by Stanley Fischer
- 2243 Share Repurchases and Acquisitions: An Analysis of Which Firms Participate
by John B. Shoven & Laurie Blair Simon
- 2242 Accounting for Racial Differences in School Attendance in the American South, 1900: The Role of Separate-But-Equal
by Robert A. Margo
- 2241 Institutional Aspects of High Unemployment in the Federal Republic of Germany
by Michael C. Burda & Jeffrey D. Sachs
- 2240 Changing Patterns of International Investment In and By the United States
by Robert E. Lipsey
- 2239 A Generic Model of Monetary Policy, Inflation, and Reputation
by Herschel I. Grossman
- 2238 Constraints on the Choice of Work Hours: Agency vs. Specific-Capital
by Shulamit Kahn & Kevin Lang
- 2237 Intergenerational Transfers and Savings
by Laurence J. Kotlikoff
- 2236 Country Risk and Contingencies
by Joshua Aizenman
- 2235 International Competition in Services
by Rachel McCulloch
- 2234 The Social Security Cost of Smoking
by John B. Shoven & Jeffrey O. Sundberg & John P. Bunker
- 2233 Econometric Modeling as Information Aggregation
by Ray C. Fair & Robert J. Shiller
- 2232 Loan Commitments and Monetary Policy
by George Sofianos & Arie Melnik & Paul Wachtel
- 2231 The Marriage Tax is Down But Not Out
by Harvey S. Rosen
- 2230 Real-Financial Linkages Among Open Economies
by Sven W. Arndt & J. David Richardson
- 2229 Stochastic Trends and Economic Fluctuations
by Robert G. King & Charles I. Plosser & James H. Stock & Mark W. Watson
- 2228 Interpreting Evidence on Money-Income Causality
by James H. Stock & Mark W. Watson
- 2227 The Postwar Evolution of Computer Prices
by Robert J. Gordon
- 2226 Trade and Exchange Rate Policies in Growth-Oriented Adjustment Programs
by Jeffrey D. Sachs
- 2225 The Financial Impact of Social Security by Cohort Under Alternative Financing Assumptions
by Michael J. Boskin & Douglas J. Puffert
- 2224 Tax Deductibility and Municipal Budget Structure
by Douglas Holtz-Eakin & Harvey S. Rosen
- 2223 Household Saving and Permanent Income in Canada and the United Kingdom
by John Y. Campbell & Richard H. Clarida
- 2222 The Effect of Economic Events on Votes for President: 1984 Update
by Ray C. Fair
- 2221 Relative Wage Variability in the United States, 1860-1983
by Steven G. Allen
- 2220 Smuggler's Blues at the Central Bank: Lessons from Sudan
by William H. Branson & Jorge Braga de Macedo
- 2219 Discounting Rules for Risky Assets
by Stewart C. Myers & Richard S. Ruback
- 2218 The United States and Foreign Competition in Latin America
by Sebastian Edwards
- 2217 Have IRAs Increased U.S. Saving?: Evidence from Consumer Expenditure Surveys
by Steven F. Venti & David A. Wise
- 2216 Short-term and Long-Term Expectations of the Yen/Dollar Exchange Rate: Evidence from Survey Data
by Jeffrey A. Frankel & Kenneth A. Froot
- 2215 Capital Gains Taxes Under the Tax Reform Act of 1986: Revenue EstimatesUnder Various Assumptions
by Lawrence B. Lindsey
- 2214 Anticipated Protectionist Policies, Real Exchange Rates and the Current Account
by Sebastian Edwards & Jonathan D. Ostry
- 2213 Dynamic Optimization in Two-Party Models
by Warwick J. McKibbin & Nouriel Roubini & Jeffrey Sachs
- 2212 Measuring Market Power in U.S. Industry
by Matthew D. Shapiro
- 2211 Negotiator Behavior Under Arbitration
by David E. Bloom & Christopher L. Cavanagh
- 2210 International Capital Flows and Domestic Economic Policies
by Jeffrey A. Frankel
- 2209 The Permanent Income Hypothesis Revisited
by Lawrence J. Christiano & Martin Eichenbaum & David Marshall
- 2208 U.S. and Foreign Competition in the Developing Countries of the Asian Pacific Rim
by Robert E. Baldwin
- 2207 Economic Rents Derived from Hospital Privileges in the Market for Podiatric Services
by Richard G. Frank & Jonathan P. Weiner & Donald M. Steinwachs & David S. Salkever
- 2206 International Adjustment Under the Classical Gold Standard: Evidence for the U.S. and Britain, 1879-1914
by Charles W. Calomiris & R. Glenn Hubbard
- 2205 Firm Size and R&D Intensity: A Re-Examination
by Wesley M. Cohen & Richard C. Levin & David C. Mowery
- 2204 Country Risk and the Organization of International Capital Transfer
by Jonathan Eaton & Mark Gersovitz
- 2203 Peso Problems, Bubbles, and Risk in the Empirical Assessment of Exchange-Rate Behavior
by Maurice Obstfeld
- 2202 Successful Adjustment in a Multi-Sectoral Economy
by Joshua Aizenman
- 2201 Imperfect Information and Staggered Price Setting
by Laurence Ball & Stephen G. Cecchetti
- 2200 Should Social Security Benefits Increase with Age?
by Martin Feldstein
- 2199 Why Was there Mandatory Retirement? or the Impossibility of Efficient Bonding Contracts
by Kevin Lang
- 2198 The Gold-Exchange Standard and the Great Depression
by Barry Eichengreen
- 2197 City Taxes and Property Tax Bases
by Katharine L. Bradbury & Helen F. Ladd
- 2196 Privatization, Information and Incentives
by David E. M. Sappington & Joseph E. Stiglitz
- 2195 The Importance of Economic Policy in Development: Contrasts Between Korea and Turkey
by Anne O. Krueger
- 2194 Incentives and Worker Behavior: Some Evidence
by Andrew Weiss
- 2193 Hegemonic Stability Theories of the International Monetary System
by Barry Eichengreen
- 2192 The Effects of Taxation on the Merger Decision
by Alan J. Auerbach & David Reishus
- 2191 The Effect of Takeover Activity on Corporate Research and Development
by Bronwyn H. Hall
- 2190 International Competition in the Products of U.S. Basic Industries
by Barry Eichengreen
- 2189 Pareto Efficient and Optimal Taxation and the New New Welfare Economics
by Joseph E. Stiglitz
- 2188 Money, Imperfect Information and Economic Fluctuations
by Bruce Greenwald & Joseph E. Stiglitz
- 2187 Existing Estimates, New Estimates, and New Interpretations of World War I and its Aftermath
by Christina D. Romer
- 2186 New Directions in the Relationship Between Public and Private Debt
by Benjamin M. Friedman
- 2185 Hiring Procedures in the Firm: Their Economic Determinants and Outcomes
by Harry J. Holzer
- 2184 Factors Affecting the Output and Quit Propensities of Production Workers
by Roger Klein & Richard H. Spady & Andrew Weiss
- 2183 Can People Compute? An Experimental Test of the Life Cycle Consumption Model
by Stephen Johnson & Laurence J. Kotlikoff & William Samuelson
- 2182 High Tech Trade Policy
by Kala Krishna
- 2181 Estimating Models with Intertemporal Substitution Using Aggregate Time Series Data
by Martin S. Eichenbaum & Lars Peter Hansen
- 2180 The Revenues-Expenditures Nexus: Evidence from Local Government Data
by Douglas Holtz-Eakin & Whitney K. Newey & Harvey S. Rosen
- 2179 Economic Liberalization and the Equilibrium Real Exchange rate in Developing Countries
by Sebastian Edwards
- 2178 The Theory and the Facts of How Markets Clear: Is Industrial Organization Valuable for Understanding Macroeconomics?
by Dennis W. Carlton
- 2177 Currency Incontrovertibility, Trade Taxes and Smuggling
by Jorge Braga de Macedo
- 2176 Carrots and Sticks: Pay, Supervision and Turnover
by Jonathan S. Leonard
- 2175 Tariffs, Terms of Trade, and the Real Exchange Rate in an Intertemporal Optimizing Model of the Current Account
by Sebastian Edwards
- 2174 Optimal Liability when the Injurer's Information about the Victim's Loss is Imperfect
by A. Mitchell Polinsky
- 2173 Measuring the Effect of Subsidized Training Programs on Movements In andOut of Employment
by David Card & Daniel Sullivan
- 2172 Public Debt Guarantees and Private Capital Flight
by Jonathan Eaton
- 2171 Are Prices Too Sticky?
by Laurence M. Ball & David Romer
- 2170 Alternative Compensation Arrangements and Productive Efficiency in Partnerships: Evidence from Medical Group Practice
by Martin Gaynor & Mark Pauly
- 2169 Permanent and Transitory Components in Macroeconomic Fluctuations
by John Y. Campbell & N. Gregory Mankiw
- 2168 Stock Market Prices Do Not Follow Random Walks: Evidence From a Simple Specification Test
by Andrew W. Lo & A. Craig MacKinlay
- 2167 Validating Hiring Criteria
by Andrew Weiss & Henry Landau
- 2166 Central Policies for Local Debt: The Case of Teacher Pensions
by Robert P. Inman & David J. Albright
- 2165 Project Appraisal and Foreign Exchange Constraints: A Simple Exposition
by Charles R. Blitzer & Partha Dasgupta & Joseph E. Stiglitz
- 2164 Macro-Economic Equilibrium and Credit Rationing
by Joseph E. Stiglitz & Andrew Weiss
- 2163 The International Monetary System: Should it be Reconsidered?
by Jacob A. Frenkel
- 2162 The Liberalization of the Current Capital Accounts and the Real ExchangeRate
by Sebastian Edwards
- 2161 Suing Solely to Extract a Settlement Offer
by Lucian Arye Bebchuk
- 2160 Keynesian, New Keynesian, and New Classical Economics
by Bruce C. Greenwald & Joseph E. Stiglitz
- 2159 Infant-Industry Protection Reconsidered: The Case of Informational Barriers to Entry
by Gene M. Grossman & Henrik Horn
- 2158 Finite Lifetimes, Borrowing Constraints, and Short-Run Fiscal Policy
by R. Glenn Hubbard & Kenneth L. Judd
- 2157 Money: Theoretical Analysis of the Demand for Money
by Bennett T. McCallum & Marvin S. Goodfriend
- 2156 The Development of Keynesian Macroeconomics
by Bennett T. McCallum
- 2155 Dynamic Factor Models of Consumption, Hours, and Income
by Joseph G. Altonji & Ana Paula Martins & Aloysius Siow
- 2154 Specification of the Joy of Giving: Insights from Altruism
by Andrew B. Abel & Mark Warshawsky
- 2153 Inflation Stabilization with Incomes Policy Support: A Review of the Experience in Argentina, Brazil and Israel
by Rudiger Dornbusch & Mario Henrique Simonsen
- 2152 Monopolistic Competition and Labor Market Adjustment in the Open Economy
by Joshua Aizenman
- 2151 The Dollar and Real Interest Rates
by John Y. Campbell & Richard H. Clarida
- 2150 Optimal Choice of Monetary Policy Instruments in a Macroeconometric Model
by Ray C. Fair
- 2149 The Life-Cycle Permanent-Income Model and Consumer Durables
by Avner Bar-Ilan & Alan S. Blinder
- 2148 Incentive Effects of Price Rises and Payment-System Changes on Chinese Agricultural Productivity Growth
by John McMillan & John Whalley & Zhu Li Jing
- 2147 Are Cyclical Fluctuations in Productivity Due More to Supply Shocks or Demand Shocks?
by Matthew D. Shapiro
- 2146 Supply Shocks in Macroeconomics
by Matthew D. Shapiro
- 2145 Compensation and Firm Performance
by Ronald G. Ehrenberg & George T. Milkovich
- 2144 Recent Evidence on Budget Deficits and National Savings
by James M. Poterba & Lawrence H. Summers
- 2143 Money and the Consumption Goods Market in China
by Richard Portes & Anita Santorum
- 2142 Brazil's Tropical Plan
by Eliana A. Cardoso & Rudiger Dornbusch
- 2141 Saving and Investment in an Open Economy with Non-Traded Goods
by Charles Engel & Kenneth Kletzer
- 2140 The Real Effects of Foreign Inflation in the Presence of Currency Substitution
by Charles Engel
- 2139 Divergent Expectations as a Cause of Disagreement in Bargaining: Evidence from a Comparison of Arbitration Schemes."
by Henry S. Farber & Max H. Bazerman
- 2138 Our LDC Debts
by Rudiger Dornbusch
- 2137 Collective Bargaining and the Division of the Value of the Enterprise
by John M. Abowd
- 2136 Optimal Monetary Growth
by Andrew B. Abel
- 2135 Why Do Fixed-Effects Models Perform So Poorly? The Case of Academic Salaries
by Daniel S. Hamermesh
- 2134 Is Consumption Too Smooth?
by John Y. Campbell & Angus Deaton
- 2133 Monetary Growth, Inflation, and Economic Activity in a Dynamic Macro Model
by Stephen J. Turnovsky
- 2132 Should Tax Reform Level the Playing Field?
by Lawrence H. Summers
- 2131 New Estimates of State and Local Government Tangible Capital and Net Investment
by Michael J. Boskin & Marc S. Robinson & Alan M. Huber
- 2130 Fiscal Deficits, Exchange Rate Crises and Inflation
by Sweder van Wijnbergen
- 2129 Ultimate Sources of Aggregate Variability
by Robert J. Shiller
- 2128 Tax Policy, Asset Prices, and Growth: A General Equilibrium Analysis
by Lawrence H. Goulder & Lawrence H. Summers
- 2127 Neoclassical and Sociological Perspectives on Segmented Labor Markets
by Kevin Lang & William T. Dickens
- 2126 The Anatomy of Financial Crises
by Barry Eichengreen & Richard Portes
- 2125 The Response of Interest Rates to the Federal Reserve's Weekly Money Announcements: The "Puzzle" of Anticipated Money
by Richard Deaves & Angelo Melino & James E. Pesando
- 2124 The Adjustment of Expectations to a Change in Regime: A Study of the Founding of the Federal Reserve
by N. Gregory Mankiw & Jeffrey A. Miron & David N. Weil
- 2123 Alternative Modes of Deficit Financing and Endogenous Monetary and Fiscal Policy 1923-1982
by Stephen J. Turnovsky
- 2122 How Far Has the Dollar Fallen?
by Philippe Bacchetta & Martin Feldstein
- 2121 Labor Supply Preferences, Hours Constraints, and Hours-Wage Tradeoffs
by Joseph G. Altonji & Christina H. Paxson
- 2120 Household Behavior and the Tax Reform Act of 1986
by Jerry A. Hausman & James M. Poterba
- 2119 Tax Evasion and Capital Gains Taxation
by James M. Poterba
- 2118 Why Have Corporate Tax Revenues Declined?
by Alan J. Auerbach & James M. Poterba
- 2117 Social Security and the American Family
by Michael J. Boskin & Douglas J. Puffert
- 2116 Testing for Real Effects of Monetary Policy Regime Shifts
by Carl E. Walsh
1986
Printed from https://ideas.repec.org/s/nbr/nberwo158.html
