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Content
2002
- 9221 A Fiscal Theory of Sovereign Risk
by Martin Uribe
- 9220 Optimal Fiscal and Monetary Policy Under Sticky Prices
by Stephanie Schmitt-Grohe & Martin Uribe
- 9219 Boom-Bust Cycles in Middle Income Countries: Facts and Explanation
by Aaron Tornell & Frank Westermann
- 9218 Consistent Expectations, Rational Expectations, Multiple-Solution Indeterminacies, and Least-Squares Learnability
by Bennett T. McCallum
- 9217 The Time Series of the Cross Section of Asset Prices
by Lior Menzly & Tano Santos & Pietro Veronesi
- 9216 Get High and Get Stupid: The Effect of Alcohol and Marijuana Use on Teen Sexual Behavior
by Michael Grossman & Robert Kaestner & Sara Markowitz
- 9215 Insurance, Self-Protection, and the Economics of Terrorism
by Darius Lakdawalla & George Zanjani
- 9214 Valuing and Pricing Retail Leases with Renewal and Overage Options
by Patric H. Hendershott & Charles W.R. Ward
- 9213 Orphans in Africa
by Anne Case & Christina Paxson & Joseph Ableidinger
- 9212 University Research, Industrial R&D, and the Anchor Tenant Hypothesis
by Ajay Agrawal & Iain M. Cockburn
- 9211 A Brazilian Debt-Crisis Model
by Assaf Razin & Efraim Sadka
- 9210 The Effects of a Baby Boom on Stock Prices and Capital Accumulation in the Presence of Social Security
by Andrew B. Abel
- 9209 Networks or Neighborhoods? Correlations in the Use of Publicly-Funded Maternity Care in California
by Anna Aizer & Janet Currie
- 9208 Can Free Entry be Inefficient? Fixed Commissions and Social Waste in the Real Estate Industry
by Chang-Tai Hsieh & Enrico Moretti
- 9207 Household Leverage and the Deductibility of Home Mortgage Interest: Evidence from UK House Purchasers
by Patric H. Hendershott & Gwilyn Pryce & Michael White
- 9206 Competition, Payer, and Hospital Quality
by Gautam Gowrisankaran & Robert Town
- 9205 What is the Tradeoff Between Smaller Classes and Teacher Quality?
by Christopher Jepsen & Steven Rivkin
- 9204 FDI Contribution to Capital Flows and Investment in Capacity
by Assaf Razin
- 9203 The Role for Discretionary Fiscal Policy in a Low Interest Rate Environment
by Martin Feldstein
- 9202 Does Income Inequality Lead to Consumption Inequality? Evidence and Theory
by Dirk Krueger & Fabrizio Perri
- 9201 Is Trade Good or Bad for the Environment? Sorting Out the Causality
by Jeffrey A. Frankel & Andrew K. Rose
- 9200 Do Trust and Trustworthiness Pay Off?
by Joel Slemrod & Peter Katuscak
- 9199 Integration of Unemployment Insurance with Retirement Insurance
by Joseph Stiglitz & Jungyoll Yun
- 9198 The Social and Economic Impact of Native American Casinos
by William N. Evans & Julie H. Topoleski
- 9197 The Impact of Income on Mortality: Evidence from the Social Security Notch
by Stephen E. Snyder & William N. Evans
- 9196 Precautionary Saving and Consumption Fluctuations
by Jonathan Parker & Bruce Preston
- 9195 Understanding Individual Account Guarantees
by Marie-Eve Lachance & Olivia S. Mitchell
- 9194 Flexibility and Job Creation: Lessons for Germany
by James J. Heckman
- 9193 Abortion Legalization and Adolescent Substance Use
by Kerwin Kofi Charles & Melvin Stephens Jr.
- 9192 Modest Policy Interventions
by Eric M. Leeper & Tao Zha
- 9191 Vertical Integration and Distance to Frontier
by Daron Acemoglu & Philippe Aghion & Fabrizio Zilibotti
- 9190 Sargent-Wallace Meets Krugman-Flood-Garber, or: Why Sovereign Debt Swaps Don't Avert Macroeconomic Crises
by Joshua Aizenman & Kenneth M. Kletzer & Brian Pinto
- 9189 Storable Votes
by Alessandra Casella
- 9188 The Trick is to Live: Is the Estate Tax Social Security for the Rich?
by Wojciech Kopczuk
- 9187 Trust in Public Finance
by Joel Slemrod
- 9186 Why World Redistribution Fails
by Wojciech Kopczuk & Joel Slemrod & Shlomo Yitzhaki
- 9185 The Effect of Education on Medical Technology Adoption: Are the More Educated More Likely to Use New Drugs
by Adriana Lleras-Muney & Frank R. Lichtenberg
- 9184 Decomposing Wage Inequality Change Using General Equilibrium Models
by Lisandro Abrego & John Whalley
- 9183 The Social Security Early Entitlement Age in a Structural Model of Retirement and Wealth
by Alan L. Gustman & Thomas L. Steinmeier
- 9182 Path Dependence and the Origins of Cotton Textile Manufacturing in New England
by Joshua L. Rosenbloom
- 9181 Why Did the Tariff-Growth Correlation Reverse After 1950?
by Michael A. Clemens & Jeffrey G. Williamson
- 9180 Changing Labor Market Opportunities for Women and the Quality of Teachers 1957-1992
by Sean P. Corcoran & William N. Evans & Robert S. Schwab
- 9179 How to Protect Future Generations Using Tax Base Restrictions
by Antonio Rangel
- 9178 Bond Risk Premia
by John H. Cochrane & Monika Piazzesi
- 9177 Large Portfolio Losses
by Amir Dembo & Jean-Deominique Deuschel & Darrell Duffie
- 9176 Real Shock, Monetary Aftershock: The San Francisco Earthquake and the Panic of 1907
by Kerry A. Odell & Marc D. Weidenmier
- 9175 Efficient Patent Pools
by Josh Lerner & Jean Tirole
- 9174 Coordination, Fair Treatment and Inflation Persistence
by John C. Driscoll & Steinar Holden
- 9173 A Renaissance Instrument to Support Nonprofits: The Sale of Private Chapels in Florentine Churches
by Jonathan Katz Nelson & Richard J. Zeckhauser
- 9172 Catholic Schools and Bad Behavior: A Propensity Score Matching Analysis
by H. Naci Mocan & Erdal Tekin
- 9171 The Political Economy of Hatred
by Edward L. Glaeser
- 9170 Survival of the Best Fit: Competition from Low Wage Countries and the (Uneven) Growth of US Manufacturing Plants
by Andrew B. Bernard & J. Bradford Jensen & Peter K. Schott
- 9169 The Gains from Trade with Monopolistic Competition: Specification, Estimation, and Mis-Specification
by Huiwen Lai & Daniel Trefler
- 9168 Welfare Programs and Labor Supply
by Robert Moffitt
- 9167 Did Blue Cross and Blue Shield Suffer from Adverse Selection? Evidence from the 1950s
by Melissa A. Thomasson
- 9166 The Role of Economic Policy in Social Security Reform: Perspectives from the President's Commission
by John F. Cogan & Olivia S. Mitchell
- 9165 Are Politicians Really Paid Like Bureaucrats?
by Rafael Di Tella & Raymond Fisman
- 9164 International Financial Integration and Economic Growth
by Hali J. Edison & Ross Levine & Luca Ricci & Torsten Slok
- 9163 Towards a Theory of Current Accounts
by Jaume Ventura
- 9162 Vertical Networks and US Auto Parts Exports: Is Japan Different?
by Keith Head & John Ries & Barbara J. Spencer
- 9161 Winners and Losers Over Two Centuries of Globalization
by Jeffrey G. Williamson
- 9160 A Brazilian Debt-Crisis
by Assaf Razin & Efraim Sadka
- 9159 What Fundamentals Drive World Migration?
by Timothy J. Hatton & Jeffrey G. Williamson
- 9158 Liquidity, Efficiency and Bank Bailouts
by Gary Gorton & Lixin Huang
- 9157 Does Managerial 'Outsourcing' Reduce Expense Preference Behavior? A Comparison of Adopters and Non-Adopters of Contract-Management in US Hospitals
by Kathleen Carey & Avi Dor
- 9156 The Market for Corporate Law
by Oren Bar-Gill & Michal Barzuza & Lucian Bebchuk
- 9155 The Welfare Implications of Increasing Disability Insurance Benefit Generosity
by John Bound & Julie Berry Cullen & Austin Nichols & Lucie Schmidt
- 9154 International Reserve Holdings with Sovereign Risk and Costly Tax Collection
by Joshua Aizenman & Nancy P. Marion
- 9153 The Social Multiplier
by Edward L. Glaeser & Bruce I. Sacerdote & Jose A. Scheinkman
- 9152 Estimates from a Consumer Demand System: Implications for the Incidence of Environmental Taxes
by Sarah E. West & Roberton C. Williams III
- 9151 Do Mergers Lead to Monopoly in the Long Run? Results from the Dominant Firm Model
by Gautam Gowrisankaran & Thomas J. Holmes
- 9150 The Injustice of Inequality
by Edward L. Glaeser & Andrei Shleifer
- 9149 The New York School vs. the School of Paris: Who Really Made the Most Important Art After World War II?
by David Galenson
- 9148 Health Insurance Coverage and the Disability Insurance Application Decision
by Jonathan Gruber & Jeffrey Kubik
- 9147 Crises in the Global Economy from Tulips to Today: Contagion and Consequences
by Larry Neal & Marc Weidenmier
- 9146 The Illiquidity Puzzle: Theory and Evidence from Private Equity
by Josh Lerner & Antoinetter Schoar
- 9145 Using Heteroscedasticity to Estimate the Returns to Education
by Vincent Hogan & Roberto Rigobon
- 9144 Household Demand for Employer-Based Health Insurance
by Jean Marie Abraham & William B. Vogt & Martin Gaynor
- 9143 Spurious Regressions in Financial Economics?
by Wayne E. Ferson & Sergei Sarkissian & Timothy Simin
- 9142 Expected Bequests and Their Distribution
by Michael Hurd & James P. Smith
- 9141 The Impact and Inefficiency of the Corporate Income Tax: Evidence from State Organizational Form Data
by Austan Goolsbee
- 9140 The Effects of Subjective Survival on Retirement and Social Security Claiming
by Michael D. Hurd & James P. Smith & Julie M. Zissimopoulos
- 9139 The Effect of Changes in Drug Utilization on Labor Supply and Per Capita Output
by Frank R. Lichtenberg
- 9138 Bank-Based or Market-Based Financial Systems: Which is Better?
by Ross Levine
- 9137 Banking Panics and the Origin of Central Banking
by Gary Gorton & Lixin Huang
- 9136 Tax Distortions and Global Climate Policy
by Mustafa H. Babiker & Gilbert E. Metcalf & John Reilly
- 9135 '3rd of tha Month': Do Social Security Recipients Smooth Consumption Between Checks?
by Melvin Stephens Jr.
- 9134 In Search of the Holy Grail: Policy Convergence, Experimentation, and Economic Performance
by Sharun Mukand & Dani Rodrik
- 9133 The Measured Black-White Wage Gap Among Women is Too Small
by Derek Neal
- 9132 Optimal Long-Run Fiscal Policy: Constraints, Preferences and the Resolution of Uncertainty
by Alan J. Auerbach & Kevin A. Hassett
- 9131 Investor Behavior and the Purchase of Company Stock in 401(k) Plans - The Importance of Plan Design
by Nellie Liang & Scott Weisbenner
- 9130 Modeling Health Insurance Expansions: Effects of Alternate Approaches
by Dahlia K. Remler & Joshua Graff Zivin & Sherry A. Glied
- 9129 Feasible Globalizations
by Dani Rodrik
- 9128 Wealth Portfolios in the UK and the US
by James Banks & Richard Blundell & James P. Smith
- 9127 Has the Business Cycle Changed and Why?
by James H. Stock & Mark W. Watson
- 9126 Does Confidential Proxy Voting Matter?
by Roberta Romano
- 9125 Optimal Pollution Abatement - Whose Benefits Matter, and How Much?
by Wayne B. Gray & Ronald J. Shadbegian
- 9124 Institutional Causes, Macroeconomic Symptoms: Volatility, Crises and Growth
by Daron Acemoglu & Simon Johnson & James Robinson & Yunyong Thaicharoen
- 9123 Careers and Canvases: The Rise of the Market for Modern Art in the Nineteenth Century
by David W. Galenson & Robert Jensen
- 9122 Foreign Entry into U.S. Manufacturing by Takeovers and the Creation of New Firms
by Robert E. Lipsey & Zadia M. Feliciano
- 9121 Knowledge Creation and Control in Organizations
by Diego Puga & Daniel Trefler
- 9120 The Link Between Aggregate and Micro Productivity Growth: Evidence from Retail Trade
by Lucia Foster & John Haltiwanger & C.J. Krizan
- 9119 The Declining Effects of OSHA Inspections on Manufacturing Injuries: 1979 to 1998
by Wayne B. Gray & John Mendeloff
- 9118 Exchange Rates and Adjustment: Perspectives from the New Open Economy Macroeconomics
by Maurice Obstfeld
- 9117 When Economic Reform Goes Wrong: Cashews in Mozambique
by Margaret McMillan & Dani Rodrik & Karen Horn Welch
- 9116 Sharpening Sharpe Ratios
by William Goetzmann & Jonathan Ingersoll & Matthew I. Spiegel & Ivo Welch
- 9115 International Joint Ventures and the Boundaries of the Firm
by Mihir A. Desai & C. Fritz Foley & James R. Hines Jr.
- 9114 The Political Economy of Intellectual Property Treaties
by Suzanne Scotchmer
- 9113 Market Size Matters
by Jeffrey R. Campbell & Hugo A. Hopenhayn
- 9112 From Sectoral to Functional Urban Specialization
by Gilles Duranton & Diego Puga
- 9111 Understanding Mutual Fund and Hedge Fund Styles Using Return Based Style Analysis
by Arik Ben Dor & Ravi Jagannathan
- 9110 Importing Equality? The Impact of Globalization on Gender Discrimination
by Sandra E. Black & Elizabeth Brainerd
- 9109 Entrepreneurship
by Edward P. Lazear
- 9108 Estimating the Social Return to Higher Education: Evidence From Longitudinal and Repeated Cross-Sectional Data
by Enrico Moretti
- 9107 Firms' Decisions Where to Incorporate
by Lucian Bebchuk & Alma Cohen
- 9106 Tropics, Germs, and Crops: How Endowments Influence Economic Development
by William Easterly & Ross Levine
- 9105 How Prevalent is Tax Arbitrage? Evidence from the Market for Municipal Bonds
by Merle Erickson & Austan Goolsbee & Edward Maydew
- 9104 R&D, Implementation and Stagnation: A Schumpeterian Theory of Convergence Clubs
by Peter Howitt & David Mayer-Foulkes
- 9103 Dynamic Asset Allocation With Event Risk
by Jun Liu & Francis A. Longstaff & Jun Pan
- 9102 Bank Panics and the Endogeneity of Central Banking
by Gary Gorton & Lixin Huang
- 9101 Currency Returns, Institutional Investor Flows, and Exchange Rate Fundamentals
by Kenneth A. Froot & Tarun Ramadorai
- 9100 Capital Account Liberalization and Economic Performance: Survey and Synthesis
by Hali J. Edison & Michael W. Klein & Luca Ricci & Torsten Sloek
- 9099 An Intergenerational Model of Domestic Violence
by Robert A. Pollak
- 9098 Socioeconomic Status and Health: Why is the Relationship Stronger for Older Children?
by Janet Currie & Mark Stabile
- 9097 An Assessment of the Proposals of the President's Commission to Strengthen Social Security
by Peter A. Diamond & Peter R. Orszag
- 9096 Does It Pay to Work?
by Jagadeesh Gokhale & Laurence J. Kotlikoff & Alexi Sluchynsky
- 9095 How Do Large Depreciations Affect Firm Performance?
by Kristin J. Forbes
- 9094 Using Mandated Speed Limits to Measure the Value of a Statistical Life
by Orley Ashenfelter & Michael Greenstone
- 9093 Is There an Effect of Incremental Welfare Benefits on Fertility Behavior? A Look at the Family Cap
by Melissa Schettini Kearney
- 9092 Annuities for an Ageing World
by Olivia S. Mitchell & David McCarthy
- 9091 Does Contracting Out Increase the Efficiency of Government Programs? Evidence from Medicaid HMOs
by Mark Duggan
- 9090 The Impact of Internet Subsidies in Public Schools
by Austan Goolsbee & Jonathan Guryan
- 9089 Law, Endowment, and Finance
by Thorsten Beck & Asli Demirguc-Kunt & Ross Levine
- 9088 Why Do School District Budget Referenda Fail?
by Ronald G. Ehrenberg & Randy A. Ehrenberg & Christopher L. Smith & Liang Zhang
- 9087 Defining Benchmark Status: An Application using Euro-Area Bonds
by Peter G. Dunne & Michael J. Moore & Richard Portes
- 9086 Trade with Labor Market Distortions and Heterogeneous Labor: Why Trade Can Hurt
by Kala Krishna & Abhiroop Mukhopadhyay & Cemile Yavas
- 9085 Measuring Prices and Price Competition Online: Amazon and Barnes and Noble
by Austan Goolsbee & Judith Chevalier
- 9084 The Price Level, the Quantity Theory of Money, and the Fiscal Theory of the Price Level
by David B. Gordon & Eric M. Leeper
- 9083 Learning-By-Doing Vs. On-the-Job Training: Using Variation Induced by the EITC to Distinguish Between Models of Skill Formation
by James Heckman & Lance Lochner & Ricardo Cossa
- 9082 Stock Markets, Banks, and Growth: Panel Evidence
by Thorsten Beck & Ross Levine
- 9081 Work and Play: International Evidence of Gender Equality in Employment and Sports
by Michael W. Klein
- 9080 Currency Returns, Institutional Investor Flows, and Exchange Rate Fundamentals
by Kenneth A. Froot & Tarun Ramadorai
- 9079 Decomposing the Persistence of International Equity Flows
by Kenneth A. Froot & Jessica D. Tjornhom
- 9078 The Case Against Board Veto in Corporate Takeovers
by Lucian Arye Bebchuk
- 9077 Competitive Equilibria With Limited Enforcement
by Patrick J. Kehoe & Fabrizio Perri
- 9076 The Home Market Effect and Bilateral Trade Patterns
by Gordon H. Hanson & Chong Xiang
- 9075 Foreign Currency for Long-Term Investors
by John Y. Campbell & Luis M. Viceira & Joshua S. White
- 9074 Education, Poverty, Political Violence and Terrorism: Is There a Causal Connection?
by Alan B. Krueger & Jitka Maleckova
- 9073 Price Uncertainty, Tax Policy, and Addiction: Evidence and Implications
by Mark Coppejans & Holger Sieg
- 9072 Optimal Currency Areas
by Alberto Alesina & Robert J. Barro & Silvana Tenreyro
- 9071 The Long Run Importance of School Quality
by Eric A. Hanushek
- 9070 Institutional Allocation In Initial Public Offerings: Empirical Evidence
by Reena Aggarwal & Nagpurnanand R. Prabhala & Manju Puri
- 9069 Some Evidence on the Importance of Sticky Prices
by Mark Bils & Peter J. Klenow
- 9068 Managerial Power and Rent Extraction in the Design of Executive Compensation
by Lucian Arye Bebchuk & Jesse M. Fried & David I. Walker
- 9067 Intertemporal State Budgeting
by Bruce Baker & Daniel Besendorfer & Laurence J. Kotlikoff
- 9066 Distance to Frontier, Selection, and Economic Growth
by Daron Acemoglu & Philippe Aghion & Fabrizio Zilibotti
- 9065 How's Life? Combining Individual and National Variables to Explain Subjective Well-Being
by John F. Helliwell
- 9064 Academic Earmarks and the Returns to Lobbying
by John M. de Figueiredo & Brian S. Silverman
- 9063 Empirical Analysis of Policy Interventions
by Eric M. Leeper & Tao Zha
- 9062 Identifying the Efficacy of Central Bank Interventions: The Australian Case
by Jonathan Kearns & Roberto Rigobon
- 9061 Carrots, Sticks and Broken Windows
by Hope Corman & Naci Mocan
- 9060 Does Sales-only Apportionment of Corporate Income Violate the GATT?
by Charles E. McLure, Jr. & Walter Hellerstein
- 9059 Managing Option Fragility
by Brian J. Hall & Thomas A. Knox
- 9058 Using Discontinuous Eligibility Rules to Identify the Effects of the Federal Medicaid Expansions on Low Income Children
by David Card & Lara D. Shore-Sheppard
- 9057 Expectations and Expatriations: Tracing the Causes and Consequences of Corporate Inversions
by Mihir A. Desai & James R. Hines Jr.
- 9056 On the Relationship Between the Conditional Mean and Volatility of Stock Returns: A Latent VAR Approach
by Michael W. Brandt & Qiang Kang
- 9055 The Evidence on Credit Constraints in Post-Secondary Schooling
by Pedro Carneiro & James J. Heckman
- 9054 Using Market Valuation to Assess Public School Spending
by Lisa Barrow & Cecilia Elena Rouse
- 9053 Cheap Labor Meets Costly Capital: The Impact of Devaluations on Commodity Firms
by Kristin J. Forbes
- 9052 Factor Price Equalization in the UK?
by Andrew B. Bernard & Stephen Redding & Peter K. Schott & Helen Simpson
- 9051 The Role of the Family in Immigrants' Labor-Market Activity: Evidence from the United States
by Francine D. Blau & Lawrence M. Kahn & Joan Y. Moriarty & Andre Portela Souza
- 9050 Moral Hazard in Reinsurance Markets
by Neil Doherty & Kent Smetters
- 9049 Evaluating Value Weighting: Corporate Events and Market Timing
by Owen A. Lamont
- 9048 Sales and Consumer Inventory
by Igal Hendel & Aviv Nevo
- 9047 Pricing Currency Risk: Facts and Puzzles from Currency Boards
by Sergio L. Schmukler & Luis Serven
- 9046 Optimal Progressive Capital Income Taxes in the Infinite Horizon Model
by Emmanuel Saez
- 9045 The New Social Security Commission Personal Accounts: Where Is the Investment Principal?
by Alan L. Gustman & Thomas L. Steinmeier
- 9044 Closing the Gap or Widening the Divide: The Effects of the G.I. Bill and World War II on the Educational Outcomes of Black Americans
by Sarah E. Turner & John Bound
- 9043 Labor Market Institutions and Demographic Employment Patterns
by Giuseppe Bertola & Francine D. Blau & Lawrence M. Kahn
- 9042 Ethnic Differences in Demographic Behavior in the United States: Has There Been Convergence?
by Michael R. Haines
- 9041 Relational Costs and the Production of Social Capital: Evidence from Carpooling
by Kerwin Charles & Patrick Kline
- 9040 The Failure of Input-based Schooling Policies
by Eric A. Hanushek
- 9039 A Theory of the Currency Denomination of International Trade
by Philippe Bacchetta & Eric van Wincoop
- 9038 Drug Treatment as a Crime Fighting Tool
by Mireia Jofre-Bonet & Jody L. Sindelar
- 9037 Ethnicity, Language, and Workplace Segregation: Evidence from a New Matched Employer-Employee Data Set
by Judith K. Hellerstein & David Neumark
- 9036 Employee Costs and the Decline in Health Insurance Coverage
by David M. Cutler
- 9035 When Can Partial Public Insurance Produce Pareto Improvements?
by Amy Finkelstein
- 9034 Stock Market Boom and the Productivity Gains of the 1990s
by Urban Jermann & Vincenzo Quadrini
- 9033 Is Retirement Depressing?: Labor Force Inactivity and Psychological Well-Being in Later Life
by Kerwin Kofi Charles
- 9032 Is There an Optimal Industry Financial Structure?
by Peter MacKay & Gordon M. Phillips
- 9031 The Interaction of Partial Public Insurance Programs and Residual Private Insurance Markets: Evidence from the U.S. Medicare Program
by Amy Finkelstein
- 9030 Current Accounts in the Long and Short Run
by Aart Kraay & Jaume Ventura
- 9029 Beyond Markets and Hierarchies: Toward a New Synthesis of American Business History
by Naomi R. Lamoreaux & Daniel M.G. Raff & Peter Temin
- 9028 Gender Differences in Completed Schooling
by Kerwin Kofi Charles & Ming-Ching Luoh
- 9027 Tariff-jumping FDI and Domestic Firms' Profits
by Bruce A. Blonigen & KaSaundra Tomlin & Wesley W. Wilson
- 9026 The Deaths of Manufacturing Plants
by Andrew B. Bernard & J. Bradford Jensen
- 9025 Peer Effects in Medical School
by Peter Arcidiacono & Sean Nicholson
- 9024 It's Fourth Down and What Does the Bellman Equation Say? A Dynamic Programming Analysis of Football Strategy
by David Romer