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Content
1991
- 3821 Rules, Coordination and Manipulability Among Arbitrators
by Janet Currie
- 3820 Optimal Investment Strategies for University Endowment Funds
by Robert C. Merton
- 3819 The European Monetary System: Credible at Last?
by Jeffrey Frankel & Steven Phillips
- 3818 The Significance of Technical Trading-Rule Profits in the Foreign Exchange Market: A Bootstrap Approach
by Richard M. Levich & Lee R. Thomas
- 3817 The Great Compression: The Wage Structure in the United States at Mid- Century
by Claudia Goldin & Robert A. Margo
- 3816 Stabilization and Liberalization Policies in Central and Eastern Europe: Lessons From Latin America
by Sebastian Edwards
- 3815 Productivity in the Transportation Sector
by Robert J. Gordon
- 3814 Entry, Dumping, and Shakeout
by Richard H. Clarida
- 3813 Endogenous Comparative Advantage, Government, and the Pattern of Trade
by Richard H. Clarida & Ronald Findlay
- 3812 Co-Integration, Aggregate Consumption, and the Demand For Imports: A Structural Econometric Investigation
by Richard H. Clarida
- 3811 The Real Exchange Rate, Exports, and Manufacturing Profits: A Theoreti- cal Framework With Some Empirical Support
by Richard H. Clarida
- 3810 Short and Long Run Externalities
by Eric J. Bartelsman & Ricardo J. Caballero & Richard K. Lyons
- 3809 Empirical Evidence on European Dual Exchange Rates and Its Relevance For Latin America
by Nancy P. Marion
- 3808 The Effects of Product Market Competition on Collective Bargaining Agreements: The Case of Foreign Competition in Canada
by John M. Abowd & Thomas Lemieux
- 3807 Patterns in Exchange Rate Forecasts for 25 Currencies
by Menzie Chinn & Jeffrey Frankel
- 3806 Exchange Rate Expectations and the Risk Premium: Tests For a Cross- Section of 17 Currencies
by Jeffrey Frankel & Menzie Chinn
- 3805 International Economic Transactions: Issues in Measurement and Empirical Research
by Peter Hooper & J. David Richardson
- 3804 The Nonequivalence of High School Equivalents
by Stephen V. Cameron & James J. Heckman
- 3803 Pricing, Patent Loss and the Market For Pharmaceuticals
by Richard G. Frank & David S. Salkever
- 3802 The Joint Consumption/Asset Demand Decision: A Case Study in Robust Estimation
by Marjorie A. Flavin
- 3801 Crime Rates Versus Labor Market Conditions; Theory and Time-Series Evidence
by Tadashi Yamada & Tetsuji Yamada & Johan M. Kang
- 3800 Labor Productivity and Market Competition in Japan
by Tetsuji Yamada & Tadashi Yamada & Guorn Liu
- 3799 A Theory of War Finance
by Herschel I. Grossman & Taejoon Han
- 3798 Information Handling and Firm Performance: Evidence from Reverse LBOs
by Francois Degeorge & Richard Zeckhauser
- 3797 Incomplete Appropriability of R&D and the Role of Strategies and Cultural Factors in International Trade: A Japanese Case
by Ryuzo Sato & Rama Ramachandran & Shunichi Tsutsui
- 3796 Vanishing Tax on Capital Income in the Open Economy
by Assaf Razin & Efraim Sadka
- 3795 Assessing Target Zone Credibility: Mean Reversion and Devaluation Expectations in the ERM 1979-1992
by Lars E.O. Svensson
- 3794 Corporate Restructuring and Investment Horizons
by Bronwyn H. Hall
- 3793 Are Economists' Traditional Trade Policy Views Still Valid?
by Robert E. Baldwin
- 3792 Optimal Incentive Contracts in the Presence of Career Concerns: Theory and Evidence
by Robert Gibbons & Kevin J. Murphy
- 3791 Pervasive Shortages Under Socialism
by Andrei Shleifer & Robert Vishny
- 3790 Characterizing Predictable Components in Excess Returns on Equity and Foreign Exchange Markets
by Geert Bekaert & Robert J. Hodrick
- 3789 Sex Discrimination by Sex: Voting in a Professional Society
by Alan E. Dillingham & Marianne A. Ferber & Daniel S. Hamermesh
- 3788 Ethnic Capital and Intergenerational Mobility
by George J. Borjas
- 3787 Growth in Cities
by Edward L. Glaeser & Hedi D. Kallal & Jose A. Scheinkman & Andrei Shleifer
- 3786 The Theory of Allocation and Its Implications for Marketing and Industrial Structure
by Dennis W. Carlton
- 3785 Competition and Price Dispersion in the U.S. Airline Industry
by Severin Borenstein & Nancy L. Rose
- 3784 Fear of Flying? Economic Analysis of Airline Safety
by Nancy L. Rose
- 3783 The Australian Pharmaceutical Subsidy Gambit: Transmuting Deadweight Loss and Oligopoly Rents to Consumer Surplus
by Mark Johnston & Richard Zeckhauser
- 3782 Long-Term Contracting and Multiple-Price Systems
by R. Glenn Hubbard & Robert J. Weiner
- 3781 How Much Do Taxes Discourage Incorporation
by Jeffrey K. MacKie-Mason & Roger H. Gordon
- 3780 How Valuable is Patent Protection? Estimates By Technology Field Using Patent Renewal Data
by Mark Schankerman
- 3779 International Fiscal Policy Coordination and Competition: An Exposition
by Assaf Razin & Efraim Sadka
- 3778 What Went Wrong? The Erosion of Relative Earnings and Employment Among Young Black Men in the 1980s
by John Bound & Richard B. Freeman
- 3777 An Analysis of the Nature of Unemployment in Sri Lanka
by William T. Dickens & Kevin Lang
- 3776 Obstacles to Transforming Centrally-Planned Economies: The Role of Capital Markets
by Guillermo A. Calvo & Jacob A. Frenkel
- 3775 Floating Exchange Rates in Peru, 1950-54
by Richard K. Lyons
- 3774 Do OSHA Inspections Reduce Injuries? A Panel Analysis
by Wayne B. Gray & John T. Scholz
- 3773 Protecting Losers: Optimal Diversification, Insurance, and Trade Policy
by S. Lael Brainard
- 3772 External Debt and Political Instability
by Sule Ozler & Guido Tabellini
- 3771 Measurement of Output and Quality Adjustment When Hedonics Cannot Be Used: An Illustration for the Day Care Industry
by Swati Mukerjee & Ann Dryden Witte
- 3770 An Altered U.S. Housing Finance System: Implications for Housing
by Patric H. Hendershott
- 3769 The "Gambler's Fallacy" in Lottery Play
by Charles T. Clotfelter & Philip J. Cook
- 3768 The Search for R&D Spillovers
by Zvi Griliches
- 3767 Foreign Direct Investment, Productive Capacity and Exchange Rate Regimes
by Joshua Aizenman
- 3766 The Peculiar Scale Economies of Lotto
by Philip J. Cook & Charles T. Clotfelter
- 3765 Life Insurance Inadequacy - Evidence From a Sample of Older Widows
by Alan J. Auerbach & Laurence Kotlikoff
- 3764 Learning and Wage Dynamics
by Henry S. Farber & Robert Gibbons
- 3763 Sources of Cycles in Japan, 1975-1987
by Kenneth D. West
- 3762 A Comparison of the Behavior of Japanese and U.S. Inventories
by Kenneth D. West
- 3761 On the Labor Market Effects of Immigration and Trade
by George J. Borjas & Richard B. Freeman & Lawrence F. Katz
- 3760 What Moves the Stock and Bond Markets? A Variance Decomposition for Long-Term Asset Returns
by John Y. Campbell & John Ammer
- 3759 Minimum Wages in Puerto Rico: Textbook Case of a Wage Floor?
by Alida Castillo Freeman & Richard B. Freeman
- 3758 Economic Development, Urban Underemployment, and Income Inequality
by James E. Rauch
- 3757 How Fast Do Old Men Slow Down?
by Ray C. Fair
- 3756 The Source of Fluctuations in Money: Evidence From Trade Credit
by Valerie A. Ramey
- 3755 Technology Commitment and the Cost of Economic Fluctuations
by Garey Ramey & Valerie A. Ramey
- 3754 Real Interest Rates and the Savings and Loan Crisis: The Moral Hazard Premium
by John B. Shoven & Scott B. Smart & Joel Waldfogel
- 3753 The Timing of Intergenerational Transfers, Tax Policy, and Aggregate Savings
by David Altig & Steve J. Davis
- 3752 The Equity Premium and the Risk Free Rate: Matching the Moments
by Stephen G. Cecchetti & Pok-sang Lam & Nelson C. Clark
- 3751 An Indicator of Future Inflation Extracted From the Steepness of the Interest Rate Yield Curve Along Its Entire Length
by Jeffrey A. Frankel & Cara S. Lown
- 3750 Lifetime vs. Annual Perspectives on Tax Incidence
by Don Fullerton & Diane Lim Rogers
- 3749 Mergers, Deregulation and Cost Savings in the U.S. Rail Industry
by Ernst R. Berndt & Ann F. Friedlaender & Judy Shaw-Er Wang Chiang & Christopher A. Vellturo
- 3748 Durable Goods: An Explanation for Their Slow Adjustment
by Ricardo J. Caballero
- 3747 A Note on Internationally Coordinated Policy Packages Intended to be Robust Under Model Uncertainty
by Jeffrey Frankel & Scott Erwin & Katharine Rockett
- 3746 A Longitudinal Analysis of Young Entrepreneurs in Australia and the United States
by David G. Blanchflower & Bruce D. Meyer
- 3745 The Asset Allocation of Private Pension Plans
by Leslie E. Papke
- 3744 Trends in Pension Benefit Formulas and Retirement Provisions
by Olivia S. Mitchell
- 3743 Expected Changes in the Workforce and Implications for Labor Markets
by Phillip B. Levine & Olivia S. Mitchell
- 3742 No News is Good News: An Asymmetric Model of Changing Volatility in Stock Returns
by John Y. Campbell & Ludger Hentschel
- 3741 How Would Universities Respond to Increased Federal Support for Graduate Students?
by Ronald G. Ehrenberg & Daniel I. Rees & Dominic J. Brewer
- 3740 First Nature, Second Nature, and Metropolitan Location
by Paul R. Krugman
- 3739 A Model of Optimal Fines for Repeat Offenders
by A. Mitchell Polinsky & Daniel L. Rubinfeld
- 3738 Determinants of External Imbalances: The Role Taxes, Government Spending and Productivity
by Leonardo Leiderman & Assaf Razin
- 3737 Japanese Foreign Direct Investment
by Kenneth A. Froot
- 3736 Black-White Earnings Over the 1970s and 1980s: Gender Differences in Trends
by Francine D. Blau & Andrea H. Beller
- 3735 A Fallacy of Composition
by Ricardo J. Caballero
- 3734 Dynamic (S,s) Economies
by Ricardo J. Caballero & Eduardo M.R.A. Engel
- 3733 Technology Adoption and Growth
by Stephen L. Parente & Edward C. Prescott
- 3732 The Diffusion of Technology and Inequality Among Nations
by Boyan Jovanovic & Saul Lach
- 3731 Nonrational Actors and Financial Market Behavior
by Richard Zeckhauser & Jayendu Patel & Darryll Hendricks
- 3730 Dividends and Profits: Some Unsubtle Foreign Influences
by James R. Hines Jr.
- 3729 Heterogeneity and Output Fluctuations in a Dynamic Menu-Cost Economy
by Ricardo J. Caballero & Eduardo M.R.A. Engel
- 3728 Gross Job Creation, Gross Job Destruction and Employment Reallocation
by Steve J. Davis & John Haltiwanger
- 3727 Do the Benefits of Fixed Exchange Rates Outweigh Their Costs? The Franc Zone in Africa
by Shantayanan Devarajan & Dani Rodrik
- 3726 Was the Great Depression a Low-Level Equilibrium?
by John Dagsvik & Boyan Jovanovic
- 3725 U.S. Trade Policy in the 1980s: Turns -- and Roads Not Taken
by J. David Richardson
- 3724 Relationships Among the Family Incomes and Labor Market Outcomes of Relatives
by Joseph G. Altonji & Thomas A. Dunn
- 3723 The Income Tax as Insurance: The Casualty Loss and Medical Expense Deductions and the Exclusion of the Medical Insurance Premiums
by Louis Kaplow
- 3722 Wage Dispersion Between and Within U.S. Manufacturing Plants, 1963-1986
by Steve J. Davis & John Haltiwanger
- 3721 Political Instability, Political Weakness and Inflation: An Empirical Analysis
by Sebastian Edwards & Guido Tabellini
- 3720 Externalities from Labor Mobility
by Laurence Ball
- 3719 Nonergodic Economic Growth
by Steven N. Durlauf
- 3718 Path Dependence in Aggregate Output
by Steven N. Durlauf
- 3717 Convergence of International Output Movements
by Andrew B. Bernard & Steven N. Durlauf
- 3716 Trade Orientation, Distortions and Growth in Developing Countries
by Sebastian Edwards
- 3715 Industrial Shifts, Skills Levels, and the Labor Market for White and Black Males
by John Bound & Harry J. Holzer
- 3714 The Demand for and Return to Education When Education Outcomes are Uncertain
by Joseph G. Altonji
- 3713 School Quality and Black-White Relative Earnings: A Direct Assessment
by David Card & Alan B. Krueger
- 3712 Invention and Bounded Learning by Doing
by Alwyn Young
- 3711 Security Baskets and Index-Linked Securities
by Gary Gorton & George Pennacchi
- 3710 Do Minimum Wages Reduce Employment? A Case Study of California, 1987-89
by David Card
- 3709 Taxation and Risk Taking: A General Equilibrium Perspective
by Louis Kaplow
- 3708 A Note on Taxation as Social Insurance for Uncertain Labor Income
by Louis Kaplow
- 3707 Rational Finite Bubbles
by Franklin Allen & Gary Gorton
- 3706 Equalizing Exchange: A Study of the Effects of Trade Liberalization
by Dan Ben-David
- 3705 The Company You Keep: The Effects of Family and Neighborhood on Disadvantaged Youths
by Anne C. Case & Lawrence F. Katz
- 3704 The Decline in Black Teenage Labor Force Participation in the South, 1900-1970: The Role of Schooling
by Robert A. Margo & T. Aldrich Finegan
- 3703 Privatization in East European Transformation
by Stanley Fischer
- 3702 Growth, Macroeconomics, and Development
by Stanley Fischer
- 3701 The Socioeconomic Consequences of Teen Childbearing Reconsidered
by Arline T. Geronimus & Sanders Korenman
- 3700 Incentives, Optimality, and Publicly Provided Goods: The Case of Mental Health Services
by Richard Frank & Martin Gaynor
- 3699 The Effect of Social Security on Labor Supply: A Cohort Analysis of the Notch Generation
by Alan B. Krueger & Jorn-Steffen Pischke
- 3698 From Centrally-Planned to Market Economies: The Road from CPE to PCPE
by Guillermo A. Calvo & Jacob A. Frenkel
- 3697 Productivity, Market Power and Capacity Utilization When Spot Markets are Complete
by Benjamin Eden & Zvi Griliches
- 3696 Information and the Scope of Liability for Breach of Contract: The Rule of Hadley V. Baxendale
by Lucian Arye Bebchuk & Steven Shavell
- 3695 The Evolution of Buyout Pricing and Financial Structure
by Steven N. Kaplan & Jeremy C. Stein
- 3694 Unemployment and Infant Health: Times-Series Evidence from the State of Tennessee
by Theodore J. Joyce & Naci H. Mocan
- 3693 Omitted-Ability Bias and the Increase in the Return to Schooling
by McKinley L. Blackburn & David Neumark
- 3692 Bequest Taxes and Accumulation of Household Wealth: U.S. - Japan Comparison
by Thomas A. Barthold & Takatoshi Ito
- 3691 Immigration Policy, National Origin, and Immigrant Skills: A Comparison of Canada and the United States
by George J. Borjas
- 3690 Japan's High Saving Rate Reaffirmed
by Robert Dekle & Lawrence H. Summers
- 3689 Money versus Credit Rationing: Evidence for the National Banking Era, 1880-1914
by Michael D. Bordo & Peter Rappoport & Anna J. Schwartz
- 3688 Pensions, Bonding, and Lifetime Jobs
by Steven G. Allen & Robert L. Clark & Ann A. McDermed
- 3687 Trading, Communication and the Response of Price to New Information
by Gary Gorton & James Dow
- 3686 Monetary Economics: A Review Essay
by Herschel I. Grossman
- 3685 Expected and Predicted Realignments: The FF/DM Exchange Rate During the EMS
by Andrew K. Rose & Lars E.O. Svensson
- 3684 The EMS, the EMU, and the Transition to a Common Currency
by Kenneth A. Froot & Kenneth Rogoff
- 3683 Do Exchange Auctions Work? An Examination of the Bolivian Experience
by Kathryn M. Dominguez
- 3682 Time-Varying Volatility and the Dynamic Behavior of the Term Structure
by Robert F. Engle & Victor K. Ng
- 3681 Measuring and Testing the Impact of News on Volatility
by Robert F. Engle & Victor K. Ng
- 3680 Endogenous Capital Utilization and Productivity Measurement in Dynamic Factor Demand Models: Theory and an Application to the U.S. Electrical..
by Ingmar R. Prucha & M. Ishaq Nadiri
- 3679 Trade Liberalization in a Multinational-Dominated Industry: A Theoretical and Applied General-Equilibrium Analysis
by Linda Hunter & James R. Markusen & Thomas F. Rutherford
- 3678 Purchased Services, Outsourcing, Computers, and Productivity in Manufacturing
by Donald Siegel & Zvi Griliches
- 3677 Notes on Dynamic Factor Pricing Models
by Bruce N. Lehmann
- 3676 Earnings, Dividend Policy, and Present Value Relations: Building Blocks of Dividend Policy Invariant Cash Flows
by Bruce N. Lehmann
- 3675 Alcohol Consumption During Prohibition
by Jeffrey A. Miron & Jeffrey Zwiebel
- 3674 Learning About Intervention Target Zones
by Michael W. Klein & Karen K. Lewis
- 3673 Rent Sharing in the Multi-Fibre Arrangement: Theory and Evidence from US Apparel Imports from Hong Kong
by Kala Krishna & Refik Erzan & Ling Hui Tan
- 3672 Investment Policies in the GATT
by Rachel McCulloch
- 3671 Environmental Policy When Market Structure and Plant Locations are Endo-genous
by James R. Markusen & Edward R. Morey & Nancy Olewiler
- 3670 Intramarginal Intervention in the EMS and the Target-Zone Model of Exchange-Rate Behavior
by Kathryn M. Dominguez & Peter B. Kenen
- 3669 Government, Financial Markets, and Economic Development
by Joseph E. Stiglitz
- 3668 Distributive Politics and Economic Growth
by Alberto Alesina & Dani Rodrik
- 3667 Changes in the Structure of Wages in the Public and Private Sectors
by Lawrence F. Katz & Alan B. Krueger
- 3666 R&D Productivity: A Survey of Econometric Studies at the Firm Level
by Jacques Mairesse & Mohamed Sassenou
- 3665 Dispersion and Heterogeneity of Firm Performances in Nine French Service Industries, 1984-1987
by Elizabeth Kremp & Jacques Mairesse
- 3664 Wage Bargaining and Unemployment Persistence
by Olivier Jean Blanchard
- 3663 Why Are There So Many Divided Senate Delegations?
by Alberto Alesina & Morris Fiorina & Howard Rosenthal
- 3662 Targeting the Exchange Rate: An Empirical Investigation
by Shula Pessach & Assaf Razin
- 3661 Political-Economy Arguments for a Uniform Tariff
by Arvind Panagariya & Dani Rodrik
- 3660 The Earnings of Linguistic Minorities: French in Canada and Spanish in the United States
by David E. Bloom & Gilles Grenier
- 3659 The Distribution of Family Income: Measuring and Explaining Changes in the 1980s for Canada and the United States
by McKinley L. Blackburn & David E. Bloom
- 3658 Fiscal Deficits, Public Debt and Government Solvency: Evidence from OECD Countries
by Giancarlo Corsetti & Nouriel Roubini
- 3657 Testing the Imports-as-Market-Discipline Hypothesis
by James Levinsohn
- 3656 International VAT Harmonization: Economic Effects
by Jacob A. Frenkel & Assaf Razin & Steve Symansky
- 3655 The Effect of the New Minimum Wage Law in a Low-Wage Labor Market
by Lawrence F. Katz & Alan B. Krueger
- 3654 Debt Concentration and Secondary Markets Prices: A Theoretical and Empirical Analysis
by Raquel Fernandez & Sule Ozler
- 3653 The Staying Power of Leveraged Buyouts
by Steven N. Kaplan
- 3652 Information, Finance, and Markets: The Architecture of Allocative Mechanisms
by Bruce C. Greenwald & Joseph E. Stiglitz
- 3651 Stochastic Equilibrium and Exchange Rate Determination in a Small Open Economy with Risk Averse Optimizing Agents
by Earl L. Grinols & Stephen J. Turnovsky
- 3650 Externalities, Incentives and Failure to Achieve National Objectives in Decentralized Economies
by Joshua Aizenman & Peter Isard
- 3649 Tax Policy to Combat Global Warming: On Designing a Carbon Tax
by James M. Poterba
- 3648 Efficient and Inefficient Employment Outcomes: A Study Based on Canadian Data
by Louis N. Christofides & Andrew J. Oswald
- 3647 Work Incentives and the Demand for Primary and Contingent Labor
by James B. Rebitzer & Lowell J. Taylor
- 3646 Why are Prices Sticky? Preliminary Results from an Interview Study
by Alan S. Blinder
- 3645 The Enforceability of Private Money Contracts, Market Efficiency, and Technological Change
by Gary Gorton
- 3644 Exchange Rate Volatility and International Prices
by Robert C. Feenstra & Jon D. Kendall
- 3643 Measuring Risk Aversion From Excess Returns on a Stock Index
by Ray Chou & Robert F. Engle & Alex Kane
- 3642 Price Equilibrium, Efficiency, and Decentralizability in Insurance Markets
by Richard Arnott & Joseph E. Stiglitz
- 3641 The Invisible Hand and Modern Welfare Economics
by Joseph E. Stiglitz
- 3640 Actual and Warranted Relations Between Asset Prices
by Andrea E. Beltratti & Robert J. Shiller
- 3639 Nursing Home Discharges and Exhaustion of Medicare Benefits
by Alan M. Garber & Thomas E. MaCurdy
- 3638 Shareholder Trading Practices and Corporate Investment Horizons
by Kenneth A. Froot & Andre F. Perold & Jeremy C. Stein
- 3637 Persistent Differences in National Productivity Growth Rates with A Com-mon Technology and Free Capital Mobility: The Roles of Private Thrift, ..
by Willem H. Buiter & Kenneth M. Kletzer
- 3636 Currency Substitution and the Fluctuations of Foreign-Exchange Reserves with Credibly Fixed Exchange Rates
by Alberto Giovannini
- 3635 Why Do Countries and Industries with Large Seasonal Cycles Also Have Large Business Cycles?
by J. Joseph Beaulieu & Jeffrey K. MacKie-Mason & Jeffrey A. Miron
- 3634 Decoupling Liability: Optimal Incentives for Care and Litigation
by A. Mitchell Polinsky & Yeon-Koo Che
- 3633 Asset Returns and Intertemporal Preferences
by Shmuel Kandel & Robert F. Stambaugh
- 3632 Is the Fisher Effect for Real? A Reexamination of the Relationship Between Inflation and Interest Rates
by Frederic S. Mishkin
- 3631 Habit Persistence and Durability in Aggregate Consumption: Empirical Tests
by Wayne E. Ferson & George M. Constantinides
- 3630 Lump-Sums, Profit Sharing, and the Labor Costs in the Union Sector
by Linda A. Bell & David Neumark
- 3629 Multiple Equilibria and Persistence in Aggregate Fluctuations
by Steven N. Durlauf
- 3628 Decomposing the Welfare Costs of Capital Tax Distortions: The Importance of Risk Assumptions
by Bob Hamilton & Jack Mintz & John Whalley
- 3627 Internal Quota Allocation Schemes and the Costs of the MFA
by Irene Trela & John Whalley
- 3626 Recent U.S. Investment Behavior and the Tax Reform Act of 1986: A Disaggregate View
by Alan J. Auerbach & Kevin Hassett
- 3625 Product Demand, Cost of Production, Spillovers, and the Social Rate of Return to R&D
by Jeffrey I. Bernstein & M. Ishaq Nadiri
- 3624 Updated Estimates of the Impact of Prenatal Care on Birthweight Outcomes by Race
by Richard G. Frank & Donna Strobino & David S. Salkever & Catherine A. Jackson