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Content
1999
- 7053 Starting Small in an Unfamiliar Environment
by James E. Rauch & Joel Watson
- 7052 Economics and Mental Health
by Richard G. Frank & Thomas G. McGuire
- 7051 Any Non-Individualistic Social Welfare Function Violates the Pareto Principle
by Louis Kaplow & Steven Shavell
- 7050 Administrative Costs and Equilibrium Charges with Individual Accounts
by Peter Diamond
- 7049 Mutual Funds and Institutional Investments: What is the Most Efficient Way to Set Up Individual Accounts in a Social Security System?
by Estelle James & Gary Ferrier & James Smalhout & Dimitri Vittas
- 7048 Mortality Risk and Consumption by Couples
by Michael D. Hurd
- 7047 The Economics of Smoking
by Frank J. Chaloupka & Kenneth E. Warner
- 7046 Household Production and the Excess Sensitivity of Consumption to Current Income
by Marianne Baxter & Urban J. Jermann
- 7045 The Business Cycles of Balance-of-Payment Crises: A Revision of Mundellan Framework
by Enrique G. Mendoza & Martin Uribe
- 7043 Ownership versus Environment: Why are Public Sector Firms Inefficient?
by Ann P. Bartel & Ann E. Harrison
- 7042 The Role of Bank Restructuring in Recovering from Crises: Mexico 1995-98
by Anne Krueger & Aaron Tornell
- 7041 Generational Accounting and Immigration in the United States
by Alan J. Auerbach & Philip Oreopoulos
- 7040 Foreign-Affiliate Activity and U.S. Skill Upgrading
by Bruce A. Blonigen & Matthew J. Slaughter
- 7039 On Portfolio Optimization: Forecasting Covariances and Choosing the Risk Model
by Louis K.C. Chan & Jason Karceski & Josef Lakonishok
- 7038 Inequality, Growth, and Investment
by Robert J. Barro
- 7037 Economic Epidemiology and Infectious Diseases
by Tomas Philipson
- 7036 Uncertainty and the Design of Long-Run Fiscal Policy
by Alan J. Auerbach & Kevin A. Hassett
- 7035 A New Measure of Horizontal Equity
by Alan J. Auerbach & Kevin A. Hassett
- 7034 The Usual Excess-Burden Approximation Usually Doesn't Come Close
by Lawrence H. Goulder & Roberton C. Williams III
- 7033 Index Funds and Stock Market Growth
by William N. Goetzmann & Massimo Massa
- 7032 Pairs Trading: Performance of a Relative Value Arbitrage Rule
by Evan G. Gatev & William N. Goetzmann & K. Geert Rouwenhorst
- 7031 The Risk of Social Security Benefit Rule Changes: Some International Evidence
by John McHale
- 7030 Social Security and Demographic Uncertainty: The Risk Sharing Properties of Alternative Policies
by Henning Bohn
- 7029 Investing Retirement Wealth: A Life-Cycle Model
by John Y. Campbell & Joao F. Cocco & Francisco J. Gomes & Pascal J. Maenhout
- 7028 Using Employee Level Data in a Firm Level Econometric Study
by Jacques Mairesse & Nathalie Greenan
- 7027 Maximum Likelihood in the Frequency Domain: A Time to Build Example
by Lawrence J. Christiano & Robert J. Vigfusson
- 7026 Pricing to Market, Staggered Contracts, and Real Exchange Rate Persistence
by Paul R. Bergin & Robert C. Feenstra
- 7025 The Concentration of Job Destruction
by Robert E. Hall
- 7024 Network Effects and Diffusion in Pharmaceutical Markets: Antiulcer Drugs
by Ernst R. Berndt & Robert S. Pindyck & Pierre Azoulay
- 7023 Forecasting Inflation
by James H. Stock & Mark W. Watson
- 7022 Innovation in Israel 1968-97: A Comparative Analysis Using Patent Data
by Manuel Trajtenberg
- 7021 Globalization of Equity Markets and the Cost of Capital
by Rene M. Stulz
- 7020 Valuing the Reload Features of Executive Stock Options
by Steven Huddart & Ravi Jagannathan & Jane Saly
- 7019 Inferring Relative Factor Price Changes from Quantitative Data
by Robert E. Baldwin
- 7018 Patterns of Skill Premia
by Daron Acemoglu
- 7017 Taylor Rules in a Limited Participation Model
by Lawrence J. Christiano & Christopher J. Gust
- 7016 The Transition to Investment-Based Social Security when Portfolio Returns and Capital Profitability are Uncertain
by Martin Feldstein & Elena Ranguelova & Andrew Samwick
- 7015 Asset Allocation and Risk Allocation: Can Social Security Improve Its Future Solvency Problem by Investing in Private Securities?
by Thomas E. MaCurdy & John B. Shoven
- 7014 Devaluation Risk and the Syndrome of Exchange-Rate-Based Stabilizations
by Enrique G. Mendoza & Martin Uribe
- 7013 Unskilled Migration: A Burden or a Boon for the Welfare State
by Assaf Razin & Efraim Sadka
- 7012 Search and Deliberation in International Exchange: Learning from Multinational Trade About Lags, Distance Effects, and Home Bias
by Subramanian Rangan & Robert Z. Lawrence
- 7011 Robust Estimation of the Joint Consumption / Asset Demand Decision
by Marjorie Flavin
- 7010 Theory and History Behind Business Cycles: Are the 1990s the Onset of a Golden Age?
by Victor Zarnowitz
- 7009 Conditioning Variables and the Cross-Section of Stock Returns
by Wayne E. Ferson & Campbell R. Harvey
- 7008 Measuring Bubble Expectations and Investor Confidence
by Robert J. Shiller
- 7007 The Location and Allocation of Assets in Pension and Conventional Savings Accounts
by John B. Shoven
- 7006 Measuring Labor's Share
by Alan Krueger
- 7005 The Role of Real Annuities and Indexed Bonds in an Individual Accounts Retirement Program
by Jeffrey R. Brown & Olivia S. Mitchell & James M. Poterba
- 7004 Reserve Requirements on Sovereign Debt in the Presence of Moral Hazard -- on Debtors or Creditors?
by Joshua Aizenman & Stephen J. Turnovsky
- 7003 New Evidence on Sex Segregation and Sex Differences in Wages from Matched Employee-Employer Data
by Kimberly Bayard & Judith Hellerstein & David Neumark & Kenneth Troske
- 7002 Alternative and Part-Time Employment Arrangements as a Response to Job Loss
by Henry S. Farber
- 7001 Estimating the Effect of Unearned Income on Labor Supply, Earnings, Savings, and Consumption: Evidence from a Survey of Lottery Players
by Guido W. Imbens & Donald B. Rubin & Bruce Sacerdote
- 7000 Trade, Insecurity, and Home Bias: An Empirical Investigation
by James E. Anderson & Douglas Marcouiller
- 6999 Is the Impact of Health Shocks Cushioned by Socioeconomic Status? The Case of Low Birthweight
by Janet Currie & Rosemary Hyson
- 6998 Financial Incentives for Increasing Work and Income Among Low-Income Families
by Rebecca M. Blank & David Card & Philip K. Robins
- 6997 Why are Racial and Ethnic Wage Gaps Larger for Men than for Women? Exploring the Role of Segregation
by Kimberly Bayard & Judith Hellerstein & David Neumark & Kenneth Troske
- 6996 Minimum Wages and Employment in France and the United States
by John M. Abowd & Francis Kramarz & David N. Margolis
- 6995 Demographic Change and Public Assistance Expenditures
by Robert A. Moffitt
- 6994 Global Diversification, Growth and Welfare with Imperfectly Integrated Markets for Goods
by Bernard Dumas & Raman Uppal
- 6993 The Economic Theory of Public Enforcement of Law
by A. Mitchell Polinsky & Steven Shavell
- 6992 The Optimal Choice of Exchange-Rate Regime: Price-Setting Rules and Internationalized Production
by Michael B. Devereux & Charles Engel
- 6991 The Social Security Trust Fund, the Riskless Interest Rate, and Capital Accumulation
by Andrew B. Abel
- 6990 How Trade Patterns and Technology Flows Affect Productivity Growth
by Wolfgang Keller
- 6989 Distributional Impacts of Proposed Changes to the Social Security System
by Julia Lynn Coronado & Don Fullerton & Thomas Glass
- 6988 A Contribution to the Theory of Welfare Comparisons
by Martin L. Weitzman
- 6987 Durable Goods Cycles
by Andrew Caplin & John Leahy
- 6986 Dumping and Double Crossing: The (In)Effectiveness of Cost-Based Trade Policy Under Incomplete Information
by Dobrin R. Kolev & Thomas J. Prusa
- 6985 Exchange Rates and Local Labor Markets
by Linda Goldberg & Joseph Tracy
- 6984 Innovation and Market Value
by Bronwyn H. Hall
- 6983 The Pre-Program Earnings Dip and the Determinants of Participation in a Social Program: Implications for Simple Program Evaluation Strategies
by James J. Heckman & Jeffrey A. Smith
- 6982 Do Unemployment Insurance Recipients Actively Seek Work? Randomized Trials in Four U.S. States
by Orley Ashenfelter & David Ashmore & Olivier Deschenes
- 6981 U.S. Wages in General Equilibrium: The Effects of Prices, Technology, and Factor Supplies, 1963-1991
by James Harrigan & Rita Balaban
- 6980 Aging and the Growth of Long-Term Care
by Darius Lakdawalla & Tomas Philipson
- 6979 Inflation and Welfare: Comment on Robert Lucas
by Hans-Werner Sinn
- 6978 Trade, Technology and U.K. Wage Inequality
by Jonathan Haskel & Matthew J. Slaughter
- 6977 The Tiebout Hypothesis and Majority Rule: An Empirical Analysis
by Dennis Epple & Thomas Romer & Holger Sieg
- 6976 Do Indirect Costs Rates Matter?
by Ronald G. Ehrenberg & Jaroslava K. Mykula
- 6975 The Effect of Patronage Politics on City Government in American Cities, 1900-1910
by Rebecca Menes
- 6974 The Role of Deportation in the Incarceration of Immigrants
by Kristin F. Butcher & Anne Morrison Piehl
- 6973 Investment Plans and Stock Returns
by Owen Lamont
- 6972 Contract-Theoretic Approaches to Wages and Displacement
by Wouter J. den Haan & Garey Ramey & Joel Watson
- 6971 Quality Improvement in Health Care: A Framework for Price and Output Measurement
by Irving Shapiro & Matthew D. Shapiro & David W. Wilcox
- 6970 Reforming Social Security: A Practical and Workable System of Personal Retirement Accounts
by Fred T. Goldberg, Jr. & Michael J. Graetz
- 6969 Measuring Product-Market Integration
by Michael M. Knetter & Matthew J. Slaughter
- 6968 Foreign Portfolio Investors Before and During a Crisis
by Woochan Kim & Shang-Jin Wei
- 6967 Economic, Financial, and Fundamental Global Risk In and Out of the EMU
by Wayne E. Ferson & Campbell R. Harvey
- 6966 Has Job Security Vanished in Large Corporations?
by Steven G. Allen & Robert L. Clark & Sylvester J. Schieber
- 6965 International Experiences with Different Monetary Policy Regimes
by Frederic S. Mishkin
- 6964 The Aftermath of the 1992 ERM Breakup: Was There a Macroeconomic Free Lunch?
by Robert J. Gordon
- 6963 The Redesign of the Matching Market for American Physicians: Some Engineering Aspects of Economic Design
by Alvin E. Roth & Elliott Peranson
- 6962 Banks as Liquidity Providers: An Explanation for the Co-Existence of Lending and Deposit-Taking
by Anil K. Kashyap & Raghuram Rajan & Jeremy C. Stein
- 6961 The Distribution of Exchange Rate Volatility
by Torben Andersen & Tim Bollerslev & Francis X. Diebold & Paul Labys
- 6960 Economic Analysis of Law
by Louis Kaplow & Steven Shavell
- 6959 Poisoned Grapes, Mad Cow, and Protectionism
by Eduardo Engel
- 6958 Tobacco Advertising: Economic Theory and International Evidence
by Henry Saffer & Frank Chaloupka
- 6957 Personnel Economics: Past Lessons and Future Directions
by Edward P. Lazear
- 6956 Rewards versus Intellectual Property Rights
by Steven Shavell & Tanguy van Ypersele
- 6955 Emerging Market Business Groups, Foreign Investors, and Corporate Governance
by Tarun Khanna & Krishna Palepu
- 6954 Program Evaluation as a Decision Problem
by Rajeev Dehejia
- 6953 Quantitative Asset Pricing Implications of Endogenous Solvency Constraints
by Fernando Alvarez & Urban J. Jermann
- 6952 Efficient Competition With Small Numbers -- With Applications to Privatisation and Mergers
by Kala Krishna & Torben Tranaes
- 6951 Stock Pyramids, Cross-Ownership, and the Dual Class Equity: The Creation and Agency Costs of Seperating Control from Cash Flow Rights
by Lucian Bebchuk & Reinier Kraakman & George Triantis
- 6950 Violence and the U.S. Prohibition of Drugs and Alcohol
by Jeffrey A. Miron
- 6949 Can Market and Voting Institutions Generate Optimal Intergenerational Risk Sharing?
by Antonio Rangel & Richard Zeckhauser
- 6948 Changes in Business Cycles: Evidence and Explanations
by Christina D. Romer
- 6947 Do Subsidies to Commercial R&D Reduce Market Failures? Microeconomic Evaluation Studies
by Tor Jakob Klette & Jarle Møen & Zvi Griliches
- 6946 Labor-Market Competition and Individual Preferences Over Immigration Policy
by Kenneth F. Scheve & Matthew J. Slaughter
- 6945 Corruption and Optimal Law Enforcement
by A. Mitchell Polinsky & Steven Shavell
- 6944 Estimating the Effect of Alcohol on Driver Risk Using Only Fatal Accident Statistics
by Steven D. Levitt & Jack Porter
- 6943 Early Test Scores, Socioeconomic Status and Future Outcomes
by Janet Currie & Duncan Thomas
- 6942 Why Not Africa?
by Richard B. Freeman & David L. Lindauer
- 6941 Measuring the Economic Effects of Military Base Closures
by Mark A. Hooker & Michael M. Knetter
- 6940 The Effects of Prices and Policies on the Demand for Marijuana: Evidence from the National Household Surveys on Drug Abuse
by Matthew C. Farrelly & Jeremy W. Bray & Gary A. Zarkin & Brett W. Wendling & Rosalie Liccardo Pacula
- 6939 Do Higher Cigarette Prices Encourage Youth to Use Marijuana?
by Frank J. Chaloupka & Rosalie Liccardo Pacula & Matthew C. Farrelly & Lloyd D. Johnston & Patrick M. O'Malley
- 6938 The 'Lemons Effect' in Corporate Freeze-Outs
by Lucian Arye Bebchuk & Marcel Kahan
- 6937 Price, Clean Indoor Air, and Cigarette Smoking: Evidence from the Longitudinal Data for Young Adults
by John A. Tauras & Frank J. Chaloupka
- 6936 A Dynamic Oligopoly with Collusion and Price Wars
by Chaim Fershtman & Ariel Pakes
- 6935 Recent G3 Current Account Imbalances: How Important are Structural Factors?
by Richard Clarida & Joe Prendergast
- 6934 Per-Mile Premiums for Auto Insurance
by Aaron S. Edlin
- 6933 Contingent Protection as Better Insurance
by Ronald D. Fischer & Thomas J. Prusa
- 6932 Prices and Coupons for Breakfast Cereals
by Aviv Nevo & Catherine Wolfram
- 6931 The IT Revolution and the Stock Market
by Jeremy Greenwood & Boyan Jovanovic
- 6930 Public Policies and Private Saving in Mexico
by Martin Feldstein
- 6929 An Options-Based Analysis of Emerging Market Exchange Rate Expectations: Brazil's Real Plan, 1994-1997
by Jose M. Campa & P.H. Kevin Chang & James F. Refalo
- 6928 Unit Root Tests Are Useful for Selecting Forecasting Models
by Francis X. Diebold & Lutz Kilian
- 6927 The Art of Labormetrics
by Daniel S. Hamermesh
- 6926 Are Macroeconomic Forecasts Informative? Cointegration Evidence from the ASA-NBER Surveys
by Yin-Wong Cheung & Menzie D. Chinn
- 6925 Inflation Stabilization and BOP Crises in Developing Countries
by Guillermo A. Calvo & Carlos A. Vegh
- 6924 Wage Dynamics: Reconciling Theory and Evidence
by Olivier Jean Blanchard & Lawrence Katz
- 6923 Foreign Ownership and Wages in the United States, 1987 - 1992
by Zadia M. Feliciano & Robert E. Lipsey
- 6922 Green Tax Reform and Competitiveness
by Erkki Koskela & Ronnie Schob & Hans-Werner Sinn
- 6921 The Core-Periphery Model with Forward-Looking Expectations
by Richard E. Baldwin
- 6920 Job Loss and Retirement Behavior of Older Men
by Sewin Chan & Ann Huff Stevens
- 6918 The Costs of Annuitizing Retirement Payouts from Individual Accounts
by James M. Poterba & Mark J. Warshawsky
- 6917 Prefunding Medicare
by Martin Feldstein
- 6916 The Price of Alcohol, Wife Abuse, and Husband Abuse
by Sara Markowitz
- 6915 Who Gains from Trade Reform? Some Remaining Puzzles
by Ann Harrison & Gordon Hanson
- 6914 Controlling the Price Level
by Robert E. Hall
- 6913 The Profits to Insider Trading: A Performance-Evaluation Perspective
by Leslie A. Jeng & Andrew Metrick & Richard Zeckhauser
- 6912 Aggregate Job Destruction and Inventory Liquidation
by Robert E. Hall
- 6911 The Productivity of Schools and Other Local Public Goods Providers
by Caroline M. Hoxby
- 6910 The Distributional Effects of Medicare
by Julie Lee & Mark McClellan & Jonathan Skinner
- 6909 The Cyclical Behavior of Prices and Costs
by Julio J. Rotemberg & Michael Woodford
- 6908 Worker Perceptions of Job Insecurity in the Mid-1990s: Evidence from the Survey of Economic Expectations
by Charles F. Manski & John D. Straub
- 6907 Self-Protection for Emerging Market Economies
by Martin Feldstein
- 6906 What Drives Venture Capital Fundraising?
by Paul A. Gompers & Josh Lerner
- 6905 Alcohol
by Philip J. Cook & Michael J. Moore
- 6904 Two Waves of Globalisation: Superficial Similarities, Fundamental Differences
by Richard E. Baldwin & Philippe Martin
- 6903 Understanding Tax Evasion Dynamics
by Eduardo M.R.A. Engel & James R. Hines, Jr.
- 6902 Schooling, Intelligence, and Income in America: Cracks in the Bell Curve
by Orley Ashenfelter & Cecilia Rouse
- 6901 Imperfect Labor Contracts and International Trade
by Gene M. Grossman
- 6900 From the Invisible Handshake to the Invisible Hand? How Import Competition Changes the Employment Relationship
by Marianne Bertrand
- 6899 The Core-Periphery Model and Endogenous Growth: Stabilising and De-Stabilising Integration
by Richard E. Baldwin & Rikard Forslid
- 6898 Learning by Doing and Aggregate Fluctuations
by Russell Cooper & Alok Johri
- 6897 Designing Hospital Antitrust Policy to Promote Social Welfare
by Daniel Kessler & Mark McClellan
- 6896 Does Where You Are Admitted Make a Difference? An Analysis of Medicare Data
by Frank A. Sloan & Gabriel A. Picone & Donald H. Taylor, Jr. & Shin-Yi Chou
- 6895 Your Money and Your Life: The Value of Health and What Affects It
by David M. Cutler & Elizabeth Richardson
- 6894 Managed Care and Medical Technology Growth
by Laurence Baker & Joanne Spetz
- 6893 When Industries Become More Productive, Do Firms?
by James Levinsohn & Amil Petrin
- 6892 What Will Technology Do to Financial Structure?
by Fredric S. Mishkin & Philip E. Strahan
- 6891 Optimal Fiscal and Monetary Policy
by V. V. Chari & Patrick J. Kehoe
- 6890 Patient Welfare and Patient Compliance: An Empirical Framework for Measuring the Benefits from Pharmaceutical Innovation
by Paul Ellickson & Scott Stern & Manuel Trajtenberg
- 6889 Competitive Devaluations: A Welfare-Based Approach
by Giancarlo Corsetti & Paolo Pesenti & Nouriel Roubini & Cedric Tille
- 6888 The Lives of the Painters of Modern Life: The Careers of Artists in France from Impressionism to Cubism
by David W. Galenson
- 6887 Does Publicly Provided Health Insurance Improve the Health of Low-Income Children in the United States
by Robert Kaestner & Theodore Joyce & Andrew Racine
- 6886 Risks to Lenders and Borrowers in International Capital Markets
by Benjamin E. Hermalin & Andrew K. Rose
- 6885 Capitalization of Capital Gains Taxes: Evidence from Stock Price Reactions to the 1997 Rate Reduction
by Mark H. Lang & Douglas A. Shackelford
- 6884 An Information-Based Model of Foreign Direct Investment: The Gains from Trade Revisited
by Assaf Razin & Efraim Sadka & Chi-Wa Yuen
- 6883 Is Europe Going Too Far?
by Alberto Alesina & Romain Wacziarg
- 6882 Balancing Incentives: The Tension Between Basic and Applied Research
by Iain Cockburn & Rebecca Henderson & Scott Stern
- 6881 General Equilibrium Cost Benefit Analysis of Education and Tax Policies
by James J. Heckman & Lance Lochner & Christopher Taber
- 6880 Conditioning Information and Variance Bounds on Pricing Kernels
by Geert Bekaert & Jun Liu
- 6879 Productivity Differences
by Daron Acemoglu & Fabrizio Zilbotti
- 6878 Post-Unification Wage Growth in East Germany
by Jennifer Hunt
- 6877 Factor Adjustment, Quality Change, and Productivity Growth for U.S. Manufacturing
by Jeffrey I. Bernstein & Theofanis P. Mamuneas & Panos Pashardes
- 6876 The Location and Characteristics of U.S. Affiliates in Asia
by Robert E. Lipsey
- 6875 Managerial Incentive Problems: A Dynamic Perspective
by Bengt Holmstrom
- 6874 Financial Markets' Assessment of EMU
by David S. Bates
- 6873 Explaining Rising Income and wage Inequality Among the College Educated
by Caroline M. Hoxby & Bridget Terry
- 6872 Did Community Rating Induce an Adverse Selection Death Spiral? Evidencefrom New York, Pennsylvania and Connecticut
by Thomas Buchmueller & John DiNardo
- 6871 Statistical Discrimination in a Competitive Labor Market
by Jonathan B. Berk
- 6870 The Mercantilist Index of Trade Policy
by James E. Anderson & J. Peter Neary
- 6729 How Did the Dollar Peg Fail in Asia?
by Takatoshi Ito & Eiji Ogawa & Yuri Nagataki Sasaki
- 6682 EMU: Ready, or Not?
by Maurice Obstfeld
- 6676 Are Investment Incentives Blunted by Changes in Prices of Capital Goods?
by Kevin A. Hassett & R. Glenn Hubbard
- 6655 Financial Consolidation: Dangers and Opportunities
by Frederic S. Mishkin
- 6564 Why Do Some Countries Produce So Much More Output per Worker than Others?
by Robert E. Hall & Charles I. Jones
- 6540 Maintaining Social Security Benefits and Tax Rates through Personal Retirement Accounts: An Update Based on the 1998 Social Security Trustees Report
by Martin Feldstein & Andrew Samwick
- 6517 Vertical Externalities in Tax Setting: Evidence from Gasoline and Cigarettes
by Timothy J. Besley & Harvey S. Rosen
- 6499 Producers and Predators
by Herschel I. Grossman
- 6431 Regional Nonadjustment and Fiscal Policy: Lessons for EMU
by Maurice Obstfeld & Giovanni Peri
- 6390 International Capital Movements, Financial Volatility and Financial Instability
by Frederic S. Mishkin
- 6367 Has the Business Cycle Been Abolished?
by Victor Zarnowitz
- 6359 Alcohol Regulation and Violence Towards Children
by Sara Markowitz & Michael Grossman
- 6340 Transfer Motives and Tax Policy
by Louis Kaplow
- 6319 Open-Economy Macroeconomics, Developments in Theory and Policy
by Maurice Obstfeld
- 6313 Unequal at Birth: A Long-Term Comparison of Income and Birth Weight
by Dora L. Costa
- 6295 Implications of Rising Personal Retirement Saving
by James M. Poterba & Steven F. Venti & David A. Wise