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Content
1981
- 0761 The Index of Leading Indicators: "Measurement without Theory," Twenty-Five Years Later
by Alan J. Auerbach
- 0760 Anticipated Money, Inflation Uncertainty, and Real Economic Activity
by John H. Makin
- 0759 Anticipated and Unanticipated Oil Price Increases and the Current Account
by Nancy Peregrim Marion
- 0758 Capital Gains Taxation in an Economy with an "Austrian Sector"
by Daniel J. Kovenock & Michael Rothschild
- 0757 Tax Reform and Corporate Investment: A Microeconometric Simulation Study
by Michael A. Salinger & Lawrence H. Summers
- 0756 Permanent Income, Liquidity, and Expenditure on Automobiles: Evidence from Panel Data
by Ben S. Bernanke
- 0755 Accelerating Inflation, Nonassumable Fixed-Rate Mortgages, and Consumer Choice and Welfare
by Patric H. Hendershott & Sheng Cheng Hu
- 0754 Intergenerational Effects of the Distribution of Income and Wealth: The Utah Experience, 1850-1900
by J. R. Kearl & Clayne L. Pope
- 0753 Inflation, Tax Rules, and the Accumulation of Residential and Nonresidential Capital
by Martin Feldstein
- 0752 Union Wage Practices and Wage Dispersion within Establishments
by Richard B. Freeman
- 0751 Have Black Labor Market Gains Post-1964 Been Permanent or Transitory?
by Richard B. Freeman
- 0750 Career Patterns of College Graduates in a Declining Job Market
by Richard B. Freeman
- 0749 Real Exchange Rate Overshooting and the Output Cost of Bringing Down Inflation
by Willem H. Buiter & Marcus H. Miller
- 0748 Aspects of the Optimal Management of Exchange Rates
by Jacob A. Frenkel & Joshua Aizenman
- 0747 Capital Structure Equilibrium under Incomplete Market Conditions
by Lemma W. Senbet & Robert A. Taggart, Jr.
- 0746 Tax Exporting and the Commerce Clause: Reflections on Commonwealth Edison
by Charles E. McLure, Jr.
- 0745 Financing Capital Formation in the 1980s: Issues for Public Policy
by Benjamin M. Friedman
- 0744 Price Inertia and Policy Ineffectiveness in the United States, 1890-1980
by Robert J. Gordon
- 0743 On the Role of Social Security as a Means for Efficient Risk-Bearing in an Economy Where Human Capital Is Not Tradeable
by Robert C. Merton
- 0742 Pigouvian Taxation with Administrative Costs
by A. Mitchell Polinsky & Steven Shavell
- 0741 The Social versus the Private Incentive to Bring Suit in a Costly Legal System
by Steven Shavell
- 0740 The Effective Tax Rate and the Pretax Rate of Return
by Martin Feldstein & James M. Poterba & Louis Dicks-Mireaux
- 0739 Housing Finance in the United States in the Year 2001
by Patric H. Hendershott & Kevin E. Villani
- 0738 The Terminations Premium in Mortgage Coupon Rates: Evidence on the Integration of Mortgage and Bond Markets
by Patric H. Hendershott & Kevin E. Villani
- 0737 Implications of Corporate Capital Structure Theory for Banking Institutions
by Yair E. Orgler & Robert A. Taggart, Jr.
- 0736 Macroeconomic Adjustment and Foreign Trade of Centrally Planned Economies
by John Burkett & Richard Portes & David Winter
- 0735 The Impact of Collective Bargaining: Illusion or Reality?
by Richard B. Freeman & James L. Medoff
- 0734 Social Security and the Decision to Retire
by Anthony J. Pellechio
- 0733 Taxation and On-the-job Training Decisions
by Harvey S. Rosen
- 0732 Measurement Error and the Flow of Funds Accounts: Estimates of HouseholdAsset Demand Equations
by Carl E. Walsh
- 0731 Changes in the Provision of Correspondent-Banking Services and the Role of Federal Reserve Banks under the DIDMC Act
by Edward J. Kane
- 0730 An Examination of Empirical Tests of Social Security and Savings
by Alan J. Auerbach & Laurence J. Kotlikoff
- 0729 National Savings, Economic Welfare, and the Structure of Taxation
by Alan J. Auerbach & Laurence J. Kotlikoff
- 0728 Transition from Inflation to Price Stability
by Peter M. Garber
- 0727 On the Design of Contracts and Remedies for Breach
by Steven Shavell
- 0726 An Integrated View of Tests of Rationality, Market Efficiency, and the Short-Run Neutrality of Monetary Policy
by Andrew B. Abel & Frederic S. Mishkin
- 0725 Savings and Loan Usage of the Authority to Invest in Corporate Debt
by Patric H. Hendershott & Kevin E. Villani
- 0724 Tax Aspects of Corporate Pension Funding Policy
by Jeremy I. Bulow
- 0723 Inflation, Real Interest, and the Determinacy of Equilibrium in an Optimizing Framework
by Maurice Obstfeld
- 0722 The Relative Productivity Hypothesis of Industrialization: The American Case, 1820-1850
by Claudia D. Goldin & Kenneth L. Sokoloff
- 0721 Bilateral Contracts
by Jerry R. Green & Seppo Honkapohja
- 0720 Intertemporal Substitution in Consumption
by Robert E. Hall
- 0719 The Efficiency of Decentralized Investment Management Systems
by David S. Jones
- 0718 The Allocation of Capital Between Residential and Nonresidential Uses: Taxes, Inflation and Capital Market Constraints
by Patric H. Hendershott & Sheng Cheng Hu
- 0717 The Effect of Unions on Productivity in the Public Sector: The Case of Libraries
by Ronald G. Ehrenberg & Joshua L. Schwarz
- 0716 A Comment on Feldstein's Fisher-Schultz Lecture
by Ray C. Fair
- 0715 Four Observations on Modern International Commercial Policy under Floating Exchange Rates
by J. David Richardson
- 0714 Risk Sharing through Breach of Contract Remedies
by A. Mitchell Polinsky
- 0713 Effects of Inflation on the Pattern of International Trade
by Alan C. Stockman
- 0712 The Sources of Labor Productivity Variation in U.S. Manufacturing, 1947-80
by Ben S. Bernanke
- 0711 Discontinuous Distributions and Missing Persons: The Minimum Wage and Unemployed Youth
by Robert H. Meyer & David A. Wise
- 0710 Test Scores, Educational Opportunities, and Individual Choice
by Steven F. Venti & David A. Wise
- 0709 Test Scores and Self-Selection of Higher Education: College Attendance versus College Completion
by Steven F. Venti & David A. Wise
- 0708 Inflation, Flexible Exchange Rates, and the Natural Rate of Unemployment
by Robert J. Gordon
- 0707 Economic Well-Being and Child Labor: The Inter action of Family and Industry
by Claudia D. Goldin & Donald O. Parsons
- 0706 The Added-Worker Effect: A Reappraisal
by Shelly J. Lundberg
- 0705 Real and Monetary Disturbances in an Exchange-Rate Union
by Richard C. Marston
- 0704 Debt and Economic Activity in the United States
by Benjamin M. Friedman
- 0703 Private Pensions as Corporate Debt
by Martin Feldstein
- 0702 Changing Balance Sheet Relationships in the U.S. Manufacturing Sector, 1926-77
by John H. Ciccolo, Jr.
- 0701 Investment Strategy in an Inflationary Environment
by Zvi Bodie
- 0700 Risk and Return: A New Look
by Burton G. Malkiel
- 0699 Inflation, Resource Utilization, and Debt and Equity Returns
by Patric H. Hendershott
- 0698 Taxation and Excess Burden: A Life-Cycle Perspective
by E. John Driffill & Harvey S. Rosen
- 0697 Implications of the Changing U.S. Labor Market for Higher Education
by Richard B. Freeman
- 0696 Estimated Effects of Relative Prices on Trade Shares
by Ray C. Fair
- 0695 Familial Love and Intertemporal Optimality
by Herschel I. Grossman
- 0694 Utilitarianism and Horizontal Equity: The Case for Random Taxation
by Joseph E. Stiglitz
- 0693 Monetary Policy and Short-Term Interest Rates: An Efficient Markets-Rational Expectations Approach
by Frederic S. Mishkin
- 0692 Wealth Mobility: The Missing Element
by J. R. Kearl & Clayne L. Pope
- 0691 A Systematic Banking Collapse in a Perfect Foresight World
by Robert P. Flood & Peter M. Garber
- 0690 Consumption Correlatedness and Risk Measurement in Economies with Non trade Assets and Heterogeneous Information
by Sanford J. Grossman & Robert J. Shiller
- 0689 Tax Policy and Foreign Direct Investment
by David G. Hartman
- 0688 Pitfalls in the Construction and Use of Effective Tax Rates
by David F. Bradford & Don Fullerton
- 0687 Taxation of Corporate Capital Income: Tax Revenues vs. Tax Distortions
by Roger H. Gordon
- 0686 Aggregate Spending and the Terms of Trade: Is There a Laursen-Metzler Effect?
by Maurice Obstfeld
- 0685 Relative Prices, Employment, and the Exchange Rate in an Economy with Foresight
by Maurice Obstfeld
- 0684 On Non-Uniqueness in Rational Expectations Models: An Attempt at Perspective
by Bennett T. McCallum
- 0683 The Decline in Black Teenage Employment: 1950-1970
by John F. Cogan
- 0682 Simulating Nonlinear Tax Rules and Nonstandard Behavior: An Application to the Tax Treatment of Charitable Contributions
by Martin Feldstein & Lawrence B. Lindsey
- 0681 Alternative Tax Rules and Personal Savings Incentives: Microeconomic Data and Behavioral Simulations
by Martin Feldstein & Daniel Feenberg
- 0680 Inflation, Capital Taxation, and Monetary Policy
by Martin Feldstein
- 0679 Has the Rate of Investment Fallen?
by Martin Feldstein
- 0678 Information and Capital Markets
by Joseph E. Stiglitz
- 0677 Estimated Output, Price, Interest Rate, and Exchange Rate Linkages amongCountries
by Ray C. Fair
- 0676 Quantity and Elasticity Spillovers onto the Labor Market: Theory and Evidence on Sluggishness
by Allan Drazen & Daniel S. Hamermesh & Norman P. Obst
- 0675 Wage-Employment Contracts: Global Results
by Jerry R. Green & Charles M. Kahn
- 0674 Have Angels Done More? The Steel Industry Consent Decree
by Casey Ichniowski
- 0673 A Reexamination of Tax Distortions in General Equilibrium Models
by Don Fullerton & Roger H. Gordon
- 0672 A Competitive Theory of Monopoly Unionism
by Edward P. Lazear
- 0671 Training, Tenure, and Productivity
by Frank R. Lichtenberg
- 0670 Indexing and Inflation
by Stanley Fischer
- 0669 The Federal Attack on Labor Market Discrimination: The Mouse that Roared?
by Charles Brown
- 0668 Wives' Labor Force Participation, Wage Differentials and Family Income Inequality: The Israeli Experience
by Reuben GRonau
- 0667 Expected Interruptions in Labor Force Participation and Sex Related Differences in Earnings Growth
by Yoram Weiss
- 0666 Currency Baskets and Real Effective Exchange Rates
by William H. Branson & Louka T. Katseli
- 0665 Business Cycles and Growth: Some Reflections and Measures
by Victor Zarnowitz
- 0664 Profitability and Stability in International Currency Markets
by John F. O. Bilson
- 0663 Distributional Implications of Imperfect Capital Markets
by Joon Koo Lee
- 0662 Suit and Settlement vs. Trial: A Theoretical Analysis under Alternative Methods for the Allocation of Legal Costs
by Steven Shavell
- 0661 Taxation and Corporate Pension Policy
by Irwin Tepper
- 0660 Raw Materials, Profits, and the Productivity Slowdown (Rev)
by Michael Bruno
- 0659 The Effect of Social Security on Retirement in the Early 1970s
by Michael D. Hurd & Michael J. Boskin
- 0658 Real Exchange Rate Adjustment and the Welfare Effects of Oil Price Decontrol
by Paul R. Krugman
- 0657 Housing Behavior and the Experimental Housing Allowance Program: What Have We Learned?
by Harvey S. Rosen
- 0656 Minimum Wages and the Demand for Labor
by Daniel S. Hamermesh
- 0655 The Effects of Government Regulation on Teenage Smoking
by Eugene M. Lewit & Douglas Coate & Michael Grossman
- 0654 Early Retirement Pension Benefits
by Jeremy I. Bulow
- 0653 Indexation of the Minimum Wage with Rational Expectations
by Herschel I. Grossman
- 0652 The Federal Minimum Wage, Inflation, and Employment
by John F. Boschen & Herschel I. Grossman
- 0651 Consumption Preferences, Asset Demands, and Distribution Effects in International Financial Markets
by Paul R. Krugman
- 0650 Some Theoretical Aspects of Base Control
by Charles Freedman
- 0649 Dividend Yields and Stock Returns: A Test for Tax Effects
by Patrick J. Hess
- 0648 International Capital Flows under Full Monetary Equilibrium: An Empirical Analysis
by John H. Makin
- 0647 Exchange Rate Behavior under Full Monetary Equilibrium: An Empirical Analysis
by John H. Makin
- 0646 Multiple Time-Serie3 Models Applied to Panel Data
by Thomas E. MaCurdy
- 0645 The Relative Stability of Money and Credit "Velocities" in the United States: Evidence and Some Speculations
by Benjamin M. Friedman
- 0644 Balance of Payments and the Foreign Exchange Market: A Dynamic Partial Equilibrium Model
by Pentti J.K. Kouri
- 0643 The Effect of Risk on Interest Rates: A Synthesis of the Macroeconomic and Financial Views
by Pentti J.K. Kouri
- 0642 The Relation between Vocational Training in High School and Economic Outcomes
by Alan L. Gustman & Thomas L. Steinmeier
- 0641 Foreign Takeovers of Swedish Firms
by Robert E. Lipsey & Birgitta Swedenborg
- 0640 Deregulation, Savings and Loan Diversification, and the Flow of Housing Finance
by Edward J. Kane
- 0639 Nested Tests of Alternative Term-Structure Theories
by Edward J. Kane
- 0638 Accelerating Inflation, Technological Innovation, and the Decreasing Effectiveness of Banking Regulation
by Edward J. Kane
- 0637 Issues in the Design of Saving and Investment Incentives
by David F. Bradford
- 0636 On the Predictability of Tax-Rate Changes
by Robert J. Barro
- 0635 Process Consistency and Monetary Reform: Further Evidence and Implications
by Robert P. Flood & Peter M. Garber
- 0634 Involuntary Terminations under Explicit and Implicit Employment Contracts
by James L. Medoff & Katharine G. Abraham
- 0633 The Impact of Unions on the Labor Market for White and Minority Youth
by Harry J. Holzer
- 0632 Self-Selection and Pareto Efficient Taxation
by Joseph E. Stiglitz
- 0631 When Is a Positive Income Tax Optimal?
by Fischer Black
- 0630 Monetarist Principles and the Money Stock Growth Rule
by Bennett T. McCallum
- 0629 The Real Price of Oil and the 1970s World Inflation
by Michael R. Darby
- 0628 Trade Policy and Import Competition under Fluctuating Prices
by Paul Strebel & Shabtai Donnenfeld
- 0627 The Adequacy of Savings
by Laurence J. Kotlikoff & Lawrence H. Summers
- 0626 A Model of Stochastic Process Switching
by Robert P. Flood & Peter M. Garber
- 0625 Explanations of Exchange Rate Volatility and Other Empirical Regularities in Some Popular Models of the Foreign Exchange Market
by Robert P. Flood
- 0624 An Intertemporal Analysis of Taxation and Work Disincentives: An Analysis of the Denver Income Maintenance Experiment
by Thomas E. MaCurdy
- 0623 Wage-Employment Contracts (Replaced by W0675)
by Jerry R. Green
- 0622 The Real Interest Rate: An Empirical Investigation
by Frederic S. Mishkin
- 0621 Output Fluctuations and Gradual Price Adjustment
by Robert J. Gordon
- 0620 Inventories and Sticky Prices: More on the Microfoundations of Macroeconomics
by Alan S. Blinder
- 0619 Social Security, Bequests, and the Life Cycle Theory of Saving: Cross-Sectional Tests
by Alan S. Blinder & Roger H. Gordon & Donald E. Wise
- 0618 The Role of Seniority at U.S. Work Places: A Report on Some New Evidence
by James L. Medoff & Katharine G. Abraham
- 0617 Black-White Earnings Ratios Since the Civil Rights Act of 1964: The Importance of Labor Market Dropouts
by Charles Brown
- 0616 The Elusive Incidence of the Corporate Income Tax: The State Case
by Charles E. McLure, Jr.
- 0615 Variations in Infant Mortality Rates among Counties in the United States: The Roles of Social Policies and Programs
by Michael Grossman & Steven Jacobowitz
- 0614 Asset Holdings and the Life Cycle
by Mervyn A. King & Louis Dicks-Mireaux
- 0613 Is the Maximum Tax on Earned Income Effective?
by Lawrence B. Lindsey
- 0558 Tests of Equilibrium Macroeconomics Using Contemporaneous Monetary Data
by John F. Boschen & Herschel I. Grossman
- 0279 The 1971-1974 Controls Program and The Price Level: An Econometric Post-Mortem
by Alan S. Blinder & William J. Newton
- 0250 The Effects of Taxation on the Selling of Corporate Stock and the Realization of Capital Gains
by Martin Feldstein & Joel Slemrod & Shlomo Yitzhaki
- 0230 Family Size and the Distribution of Per Capita Income
by Edward P. Lazear & Robert T. Michael
- 0205 Structural Models of Interest Rate Determination and Portfolio Behavior in the Corporate and Government Bond Markets
by Benjamin M. Friedman & V. Vance Roley
1980
- 0612 The Choice of Health Policies with Heterogeneous Populations
by Richard J. Zeckhauser & Donald S. Shepard
- 0611 Healthiness, Education, and Marital Status
by Paul J. Taubman & Sherwin Rosen
- 0610 Income and Payroll Tax Policy and Labor Supply
by Jerry A. Hausman
- 0609 Physical Disabilities and Post-Secondary Educational Outcomes
by Robert A. Shakotko & Michael Grossman
- 0608 On Functions, Quality, and Timeliness of Economic Information
by Victor Zarnowitz
- 0607 Does Purchasing Power Parity Work?
by Michael R. Darby
- 0606 Inflation, the Stock Market, and Owner-Occupied Housing
by Lawrence H. Summers
- 0605 Tax Policy and Corporate Investment
by Lawrence H. Summers
- 0604 Inflation, Taxation, and Corporate Investment: A q-Theory Approach
by Lawrence H. Summers
- 0603 How Close to an Auction Is the Labor Market? Employee Risk Aversion, Income Uncertainty, and Optimal Labor Contracts
by James N. Brown
- 0602 International Price Behavior and the Demand for Money
by Arthur E. Gandolfi & James R. Lothian
- 0601 Real Effects of Anticipated and Unanticipated Money: Some Problems of Estimation and Hypothesis Testing
by Willem H. Buiter
- 0600 Social Insurance and Consumption: An Empirical Inquiry
by Daniel S. Hamermesh
- 0599 Macroeconomic Policy, Exchange-Rate Dynamics, and Optimal Asset Accumulation
by Maurice Obstfeld
- 0598 The International Financial Market and U.S. Interest Rates
by David G. Hartman
- 0597 Variable Cost Functions and the Rate of Return to Quasi-Fixed Factors: An Application to R and D in the Bell System
by M. Ishaq Nadiri & Mark Schankerman
- 0596 Accelerated Depreciation and the Efficacy of Temporary Fiscal Policy: Implications for an Inflationary Economy
by Andrew B. Abel
- 0595 On Expectations, Term Premiums and the Volatility of Long-Term Interest Rates
by James E. Pesando
- 0594 Taxes and Corporate Capital Structure in an Incomplete Market
by Robert A. Taggart, Jr.
- 0593 Symmetry Restrictions in a System of Financial Asset Demands: A Theoretical and Empirical Analysis
by V. Vance Roley
- 0592 Oil, Disinflation, and Export Competitiveness: A Model of the "Dutch Disease"
by Willem H. Buiter & Douglas D. Purvis
- 0591 Monetary Policy and International Competitiveness
by Willem H. Buiter & Marcus H. Miller
- 0590 A Model of the Black Market for Dollars
by Rudiger Dornbusch & Daniel Valente Dantas & Clarice Pechman & Roberto de Rezende Rocha & Demetrio Simoes
- 0589 Unanticipated or Actual Changes in Aggregate Demand Variables: A Cross-Country Analysis
by Michael R. Darby
- 0588 Inflation, Taxation, and Corporate Behavior
by Roger H. Gordon
- 0587 Effects of Shifting Saving Patterns on Interest Rates and Economic Activity
by Benjamin M. Friedman
- 0586 The Effect of Federal Debt Management Policy on Corporate Bond and Equity Yields
by V. Vance Roley
- 0585 International Transmission under Pegged and Floating Exchange Rates: An Empirical Comparison
by Michael R. Darby
- 0584 Self-Employment and Labor Force Participation of Older Males (Revised)
by Victor R. Fuchs
- 0583 Modeling Alternative Solutions to the Long-Run Social Security Funding Problem
by Michael J. Boskin & Marcy Avrin & Kenneth Cone
- 0582 Energy and Growth under Flexible Exchange Rates: A Simulation Study
by Jeffrey D. Sachs
- 0581 International Effects on the U.S. Capital Market
by David G. Hartman
- 0580 The Role of Economic Policy after the New Classical Macroeconomics
by Willem H. Buiter
- 0579 Social Security, Induced Retirement, and Aggregate Capital Accumulation:A Correction and Updating
by Martin Feldstein
- 0578 The Reservation Wage of Unemployed Persons in the Federal Republic of Germany: Theory and Empirical Tests
by Wolfgang Franz
- 0577 Inflation, Tax Rules, and Investment: Some Econometric Evidence
by Martin Feldstein
- 0576 Taxation and Corporation Finance
by Roger H. Gordon & Burton G. Malkiel
- 0575 Monetary and Fiscal Policies in an Open Economy
by Jacob A. Frenkel & Michael L. Mussa
- 0574 Symmetric Substitution Matrices in Asset Demand Systsems
by David S. Jones
- 0573 Consistent Simple Sum Aggregation over Assets
by David S. Jones
- 0572 Accumulation and Growth in a Two-Country Model: A Simulation Approach
by David Lipton & Jeffrey Sachs
- 0571 International Trade, Indebtedness, and Welfare Repercussions among Supply-Constrained Economies under Floating Exchange Rates
by Bryce Hool & J. David Richardson
- 0570 Wage and Employment Determinants under Trade Unionism: The InternationalTypographical Union
by James N. Dertouzos & John H. Pencavel
- 0569 The Collapse of Purchasing Power Parities during the 1970s
by Jacob A. Frenkel