New This Week Archive

• An Empirical Investigation of the Competitive Effects of Domestic Airline Alliances
  Gustavo E. Bamberger, Dennis W. Carlton and Lynette R. Neumann #8197 (IO)
  
• Integrating Expenditure and Tax Decisions: The Marginal Cost of Funds and the Marginal Benefit Of Projects
  Joel Slemrod and Shlomo Yitzhaki #8196 (PE)
  
• The Comovements between Real Activity and Prices in the G7
  Wouter J. Den Haan and Steven Sumner #8195 (IFM)
  
• Are Trade Linkages Important Determinants of Country Vulnerability to Crises?
  Kristin J. Forbes #8194 (IFM, ITI)
  
• Home Bias in Portfolios and Taxation of Asset Income
  Roger H. Gordon and Vitor Gaspar #8193 (IFM, PE)
  
• The Life Cycle of US Economic Expansions
  Edward E. Leamer #8192 (EFG)
  
• Identification and Estimation of Cost Functions Using Observed Bid Data: An Application to Electricity Markets
  Frank A. Wolak #8191 (IO)
  
• Mental Accounting, Loss Aversion, and Individual Stock Returns
  Nicholas Barberis and Ming Huang #8190 (AP)
  
• Expenditure Competition
  Roger H. Gordon and John D. Wilson #8189 (PE)
  
• Terms of Trade Shocks and Economic Performance 1870-1940
  Yael S. Hadass and Jeffrey G. Williamson #8188 (DAE, ITI)
  
• Negative Alchemy? Corruption, Composition of Capital Flows, and Currency Crises
  Shang-Jin Wei and Yi Wu #8187 (IFM, ITI)
  
• After Columbus: Explaining the Global Trade Boom 1500-1800
  Kevin H. O'Rourke and Jeffrey G. Williamson #8186 (DAE, ITI)
  
• What can the take-up of other programs teach us about how to improve take-up of health insurance programs?
  Dahlia K. Remler, Jason E. Rachlin and Sherry A. Glied #8185 (HE)
  
• A Case for Quantity Regulation
  Edward L. Glaeser and Andrei Shleifer #8184 (CF, LE, PE)
  
• Public Versus Secret Reserve Prices in eBay Auctions: Results from a Pokéman Field Experiment
  Rama Katkar and David Lucking-Reiley #8183 (IO)
  
• Exhuming Q: Market Power vs. Capital Market Imperfections
  Russell Cooper and Joao Ejarque #8182 (EFG)
  
• Taxation and Economic Efficiency
  Alan J. Auerbach and James R. Hines Jr. #8181 (PE)
  
• Forecasting Output and Inflation: The Role of Asset Prices
  James H. Stock and Mark W. Watson #8180 (EFG, ME)
  
• International Franchising: Evidence from US and Canadian Franchisors in Mexico
  Francine Lafontaine and Joanne Oxley #8179 (IO)
  
• The Great Reversals: The Politics of Financial Development in the 20th Century
  Raghuram G. Rajan and Luigi Zingales #8178 (CF)
  
• The Influence of the Financial Revolution on the Nature of Firms
  Raghuram G. Rajan and Luigi Zingales #8177 (CF, IO)
  
• Empirical Bayes Forecasts of One Time Series Using Many Predictors
  Thomas Knox, James H. Stock and Mark W. Watson #T0269 (TWP)
  
• A Graphical Analysis of Some Basic Results in Social Choice
  Estelle Cantillon and Antonio Rangel #T0268 (TWP, PE)
  

• High-Frequency Substitution and the Measurement of Price Indexes
  Robert C. Feenstra and Matthew D. Shapiro #8176 (PR)
  
• Monetary Policy for an Open Economy: An Alternative Framework with Optimizing Agents and Sticky Prices
  Bennett T. McCallum and Edward Nelson #8175 (EFG, ME)
  
• Monetary Policy Analysis in Models Without Money
  Bennett T. McCallum #8174 (EFG, ME)
  
• Hedge Funds With Style
  Stephen J. Brown and William N. Goetzmann #8173 (AP)
  
• The Declining U.S. Equity Premium
  Ravi Jagannathan, Ellen R. McGrattan and Anna Scherbina #8172 (AP)
  
• Country Risk and Capital Flow Reversals
  Assaf Razin and Efraim Sadka #8171 (IFM)
  
• Life-Cycle Saving, Limits on Contributions to DC Pension Plans, and Lifetime Tax Benefits
  Jagadeesh Gokhale, Laurence J. Kotlikoff and Mark J. Warshawsky #8170 (A, PE)
  
• How Reasonable Are Assumptions Used in Theoretical Models?: Computational Evidence on the Likelihood of Trade Pattern Changes
  Lisandro Abrego, Raymond Riezman and John Whalley #8169 (ITI)
  
• Medical Care Price Indices: Problems and Opportunities / The Chung-Hua Lectures
  Joseph P. Newhouse #8168 (HC)
  
• Expectation Puzzles, Time-varying Risk Premia, and Dynamic Models of the Term Structure
  Qiang Dai and Kenneth J. Singleton #8167 (AP)
  
• Vintage Organization Capital
  Boyan Jovanovic and Peter L. Rousseau #8166 (AP, DAE)
  
• The Spatial Distribution of Housing Related Tax Benefits in the United States
  Joseph Gyourko and Todd Sinai #8165 (PE)
  
• Protection of Minority Shareholder Interests, Cross-listings in the United States, and Subsequent Equity Offerings
  William A. Reese, Jr. and Michael S. Weisbach #8164 (CF)
  
• Generational Policy
  Laurence J. Kotlikoff #8163 (A, PE)
  
• Panel Data Estimators for Nonseparable Models With Endogenous Regressors
  Joseph G. Altonji and Rosa L. Matzkin #T0267 (TWP)
  

• High- and Low-Frequency Exchange Rate Volatility Dynamics: Range-Based Estimation of Stochastic Volatility Measures
  Sassan Alizadeh, MIchael W. Brandt and Francis X. Diebold #8162 (AP)
  
• Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature
  Benjamin E. Hermalin and Michael S. Weisbach #8161 (CF)
  
• Modeling and Forecasting Realized Volatility
  Torben G. Andersen, Tim Bollerslev, Francis X. Diebold and Paul Labys #8160 (AP, IFM)
  
• Aggregate Implications of Indivisible Labor
  Casey B. Mulligan #8159 (EFG, LS)
  
• Dying to Save Taxes: Evidence from Estate Tax Returns on the Death Elasticity
  Wojciech Kopczuk and Joel Slemrod #8158 (PE)
  
• A Quantitative Analysis of Pricing Behavior in California's Wholesale Electricity Market During Summer 2000
  Paul Joskow and Edward Kahn #8157 (IO)
  

  ---

  The following are new or updated chapters for forthcoming books:

  "High Frequency and the Measurement of Price Indexes"
  Robert Feenstra and Matthew Shapiro
  "The Long Shadow of Patent Expiration: Do Rx to OTC Switches Provide an Afterlife?"
  Ernst Berndt, Davina Ling and Margaret Kyle
  "The Earned Income Tax Credit"
  V. Joseph Hotz and John Karl Scholz

• Improving School Accountability Measures
  Thomas J. Kane and Douglas O. Staiger #8156 (CH, PE)
  
• The Rising Tide Lifts...?
  Richard B. Freeman #8155 (LS)
  
• Electoral Rules and Corruption
  Torsten Persson, Guido Tabellini and Francesco Trebbi #8154 (PE)
  
• The Effects of Time Limits and Other Policy Changes on Welfare Use, Work, and Income Among Female- Headed Families
  Jeffrey Grogger #8153 (LS, PE)
  
• Age Discrimination Legislation in the United States
  David Neumark #8152 (A, LS)
  
• Breadth of Ownership and Stock Returns
  Joseph Chen, Harrison Hong and Jeremy C. Stein #8151 (AP, CF)
  
• The Geography and Channels of Diffusion at the World's Technology Frontier
  Wolfgang Keller #8150 (ITI, P)
  
• Population Growth, Technological Adoption and Economic Outcomes: A Theory of Cross-Country Differences for the Information Era
  Paul Beaudry and David A. Green #8149 (LS)
  
• A New Approach to Takeover Law and Regulatory Competition
  Lucian Arye Bebchuk and Allen Ferrell #8148 (LE)
  
• The Benefits and Costs of Newer Drugs: Evidence from the 1996 Medical Expenditure Panel Survey
  Frank R. Lichtenberg #8147 (HC, P)
  
• How to Auction an Essential Facility When Underhand Integration is Possible
  Eduardo M.R.A. Engel, Ronald D. Fischer and Alexander Galetovic #8146 (IO)
  
• Rules, Communication and Collusion: Narrative Evidence from the Sugar Institute Case
  David Genesove and Wallace P. Mullin #8145 (IO)
  
• Repatriation Taxes, Repatriation Strategies and Multinational Financial Policy
  Rosanne Altshuler and Harry Grubert #8144 (PE)
  
• Loss Aversion and Seller Behavior: Evidence from the Housing Market
  David Genesove and Christopher Mayer #8143 (AP, IO)
  

  ---

  The following are new or updated chapters for forthcoming books:

  "A Primer on Emerging Market Crises"
  Rudi Dornbusch
  "Are Trade Linkages Important Determinants of Country Vulnerability to Crises?"
  Kristin Forbes
  "Negative Alchemy? Corruption, Composition of Capital Flows and Currency Crises"
  Shang-Jin Wei and Yi Wu
  "Domestic Bank Regulation and Financial Crises: Theory and Empirical Evidence from East Asia"
  Robert Dekle and Kenneth Kletzer

• Did the Malaysian Capital Controls Work?
  Ethan Kaplan and Dani Rodrik #8142 (IFM)
  
• International Liquidity Illusion: On the Risks of Sterilization
  Ricardo J. Caballero and Arvind Krishnamurthy #8141 (EFG, IFM)
  
• Does Inequality in Skills Explain Inequality in Earnings Across Advanced Countries?
  Dan Devroye and Richard B. Freeman #8140 (LS)
  
• How Severe is the Time Inconsistency Problem in Monetary Policy?
  Stefania Albanesi, V.V. Chari and Lawrence J. Christiano #8139 (EFG)
  
• Perfect Taxation with Imperfect Competition
  Alan J. Auerbach and James R. Hines Jr. #8138 (PE)
  
• Exchange Rates and Wages
  Linda Goldberg and Joseph Tracy #8137 (IFM, ITI, LS)
  
• The Real Balance Effect
  Peter N. Ireland #8136 (ME)
  
• Asymptotic Methods for Asset Market Equilibrium Analysis
  Kenneth L. Judd and Sy-Ming Guu #8135 (AP)
  

  ---

  The following are new or updated chapters for forthcoming books:

  "Chaebol Capitalism and the Currency-Financial Crisis in Korea"
  Anne Krueger and Jungho Yoo
  "Does the Current Account Matter?"
  Sebastian Edwards
  "The End of 'Lifetime Employment' in Japan?: Evidence from National Surveys and Field Research"
  Takao Kato
  "Pensions and Contemporary Socioeconomic Change"
  Assar Lindbeck

• Breast Cancer Survival, Work, and Earnings
  Cathy J. Bradley, Heather Bednarek and David Neumark #8134 (LS)
  
• Are For-Profit Hospitals Really Different? Medicare Upcoding and Market Structure
  Elaine Silverman and Jonathan Skinner #8133 (HC)
  
• An Exploration of the Effects of Pessimism and Doubt on Asset Returns
  Andrew B. Abel #8132 (AP)
  
• Will Bequests Attenuate the Predicted Meltdown in Stock Prices When Baby Boomers Retire?
  Andrew B. Abel #8131 (AP, EFG)
  
• Cross-Country Technology Diffusion: The Case of Computers
  Francesco Caselli and Wilbur John Coleman II #8130 (ITI, PR)
  
• Trade and Exposure
  Kathryn M.E. Dominguez and Linda L. Tesar #8129 (IFM)
  
• A Re-Examination of Exchange Rate Exposure
  Kathryn M.E. Dominguez and Linda L. Tesar #8128 (IFM)
  
• Variable Selection for Portfolio Choice
  Yacine Aït-Sahalia and Michael W. Brandt #8127 (AP)
  

• Antitrust and the Not-For-Profit Sector
  Tomas J. Philipson and Richard A. Posner #8126 (HE, PE)
  
• Two Mezzogiornos
  Hans-Werner Sinn and Frank Westermann #8125 (PE)
  
• Demographic and Economic Pressure on Emigration Out of Africa
  Timothy J. Hatton and Jeffrey G. Williamson #8124 (ITI, LS)
  
• Administered Prices and Suboptimal Prevention: Evidence from the Medicare Dialysis Program
  Avi Dor #8123 (HC, HE)
  
• Generalized Cash Flow Taxation
  Alan A. Auerbach and David F. Bradford #8122 (PE)
  
• Exchange Rates and Tax-Based Export Promotion
  Mihir A. Desai and James R. Hines Jr. #8121 (IFM, PE)
  
• Macroeconomic Effects of Regulation and Deregulation in Goods and Labor Markets
  Olivier Blanchard and Francesco Giavazzi #8120 (EFG)
  
• Tropical Underdevelopment
  Jeffrey D. Sachs #8119 (EGF)
  
• Contagion: How to Measure It?
  Roberto Rigobon #8118 (IFM)
  
• Decentralized Employment and the Transformation of the American City
  Edward L. Glaeser and Matthew E. Kahn #8117 (EFG, LE, PE)
  
• FX Trading and Exchange Rate Dynamics
  Martin D. D. Evans #8116 (IFM)
  
• Money's Role in the Monetary Business Cycle
  Peter N. Ireland #8115 (ME)
  

• Institutions and Geography: Comment on Acemoglu, Johnson and Robinson (2000)
  John W. McArthur and Jeffrey D. Sachs #8114 (EFG)
  
• Was the Federal Reserve Fettered? Devaluation Expectations in the 1932 Monetary Expansion
  Chang-Tai Hsieh and Christina D. Romer #8113 (DAE, EFG, ME)
  
• The Law of One Price - A Case Study
  Jonathan Haskel and Holger Wolf #8112 (IFM, ITI)
  
• External Job Churning and Internal Job Flexibility
  Peter Cappelli and David Neumark #8111 (LS)
  
• The Market for Catastrophe Risk: A Clinical Examination
  Kenneth A. Froot #8110 (AP, CF)
  
• Annexation or Conquest? The Economics of Empire Building
  Herschel I. Grossman and Juan Mendoza #8109 (EFG)
  
• The Impact of New Deal Expenditures on Local Economic Activity: An Examination of Retail Sales, 1929-1939
  Price V. Fishback, William C. Horrace and Shawn Kantor #8108 (DAE)
  
• The Empirical Importance of Precautionary Saving
  Pierre-Olivier Gourinchas and Jonathan A. Parker #8107 (EFG)
  
• The Pricing of Event Risks with Parameter Uncertainty
  Kenneth A. Froot and Steven E. Posner #8106 (AP, CF)
  
• A General Analysis of Exclusionary Conduct and Refusal to Deal - Why Aspen and Kodak are Misguided
  Dennis W. Carlton #8105 (IO)
  

  ---

  The following are new or updated chapters for forthcoming books:

  "Credit, Prices, and Crashes: Business Cycles with a Sudden Stop"
  Enrique G. Mendoza
  "Financial and Monetary Policies in an Economy with Balance Sheet Effects"
  Aaron Tornell
  "Prefunding in a Defined Benefit Pension System - the Finnish Case"
  Jukka Lassila and Tarmo Valkonen
  "Fluctuations in Unemployment and Industry Attributes"
  Masahiro Abe and Souichi Ohta

• Comparative Advantage and the Cross-section of Business Cycles
  Aart Kraay and Jaume Ventura #8104 (EFG, IFM)
  
• An International Perspective on Policies for an Aging Society
  Jonathan Gruber and David Wise #8103 (A, LS, PE)
  
• White Hats or Don Quixotes? Human Rights Vigilantes in the Global Economy
  Kimberly Ann Elliott and Richard Freeman #8102 (LS)
  
• Sorting, Education and Inequality
  Raquel Fernández #8101 (LS, PE)
  
• From the Exchange Stabilization Fund to the International Monetary Fund
  Michael Bordo and Anna J. Schwartz #8100 (DAE, IFM, ME)
  
• Relative Deprivation, Inequality, and Mortality
  Angus Deaton #8099 (A, HC)
  
• Empirical Evaluation of Asset Pricing Models: A Comparison of the SDF and Beta Models
  Ravi Jagannathan and Zhenyu Wang #8098 (AP)
  
• New Data and Output Concepts for Understanding Productivity Trends
  William D. Nordhaus #8097 (EFG, PR)
  
• Productivity Growth and the New Economy
  William D. Nordhaus #8096 (EFG, PR)
  
• Alternative Methods for Measuring Productivity Growth
  William D. Nordhaus #8095 (EFG, PR)
  
• The Peter Principle: Promotions and Declining Productivity
  Edward P. Lazear #8094 (LS, PR)
  
• Financial Policies and the Prevention of Financial Crises in Emerging Market Countries
  Frederic S. Mishkin #8087 (IFM)
  

  ---

  The following are new or updated chapters for forthcoming books:

  "The End of "Lifetime Employment" in Japan?: Evidence from National Surveys and Field Research"
  Takao Kato
  "Contagion: How to Measure it?"
  Roberto Rigobon
  "Transition from School to Work in Japan"
  by Yuji Genda and Masako Kurosawa
  "Did the Malaysian Capital Controls Work?"
  Ethan Kaplan and Dani Rodrik

• Does Firm-specific Information in Stock Prices Guide Capital Allocation?
  Artyom Durnev, Randall Morck, and Bernard Yeung #8093 (AP, CF)
  
• The Stock Market's Reaction to Unemployment News: Why Bad News is Usually Good for Stocks
  John H. Boyd, Ravi Jagannathan, and Jian Hu #8092 (AP)
  
• Annuity Values in Defined Contribution Retirement Systems: The Case of Singapore and Australia
  Suzanne Doyle, Olivia S. Mitchell, and John Piggott #8091 (A, LS, PE)
  
• Accidents Will Happen? Unintentional Injury, Maternal Employment, and Child Care Policy
  Janet Currie and V. Joseph Hotz #8090 (C)
  
• The Overlooked Corporate Finance Problems of a Microsoft Breakup
  Lucian Arye Bebchuk and David I. Walker #8089 (LE)
  
• Intermediaries in Entrepôt Trade: Hong Kong Re-Exports of Chinese Goods
  Robert C. Feenstra and Gordon H. Hanson #8088 (LE)
  
• Competition, Monopoly, and Aftermarkets
  Dennis W. Carlton and Michael Waldman #8086 (IO)
  
• The Minimum Inflation Rate for Euroland
  Hans-Werner Sinn and Michael Reutter #8085 (ME)
  
• A Wolfram in Sheep's Clothing: U.S. Economic Warfare in Spain, 1940-1944
  Leonard Caruana and Hugh Rockoff #H132 (DAE)
  

  ---

  The following are new or updated chapters for forthcoming books:

  "Unemployment, Well-being and Wage Curves in Eastern and Central Europe"
  David G. Blanchflower

• Foreign Direct Investors in Three Financial Crises
  Robert E. Lipsey #8084 (ITI)
  
• The World Income Distribution
  Daron Acemoglu and Jaume Ventura #8083 (IFM, LS)
  
• Retirement Incentives and Expectations
  Sewin Chan and Ann Huff Stevens #8082 (LS)
  
• Why Wait? A Century of Life Before IPO
  Boyan Jovanovic and Peter L. Rousseau #8081 (CF, DAE, PR)
  
• Education and Religion
  Bruce Sacerdote and Edward L. Glaeser #8080 (LE)
  
• Gravity with Gravitas: A Solution to the Border Puzzle
  James E. Anderson and Eric van Wincoop #8079 (ITI)
  
• The Earned Income Tax Credit
  V. Joseph Hotz and John Karl Scholz #8078 (PE)
  
• Is the Stock Market Overvalued?
  Ellen R. McGrattan and Edward C. Prescott #8077 (AP, EFG)
  
• Capital Mobility and Economic Performance: Are Emerging Economies Different?
  Sebastian Edwards #8076 (IFM)
  
• Information Technology and Research and Development Impacts on Productivity and Skills: Looking for Correlations on French Firm Level Data
  Jacques Mairesse, Nathalie Greenan, and Agnes Topiol-Bensaid #8075 (PR)
  
• Individual Risk in an Investment-Based Social Security System
  Martin Feldstein and Elena Ranguelova #8074 (PE)
  

  ---

  The following are new or updated chapters for forthcoming books:

  "Anticipated and Actual Bequests"
  Michael D. Hurd and James P. Smith
  "Predictors of Mortality among the Elderly"
  Michael D. Hurd, Daniel McFadden and Angela Merrill
  "Services Trade in East Asia"
  Shujiro Urata and Kozo Kiyota

• Do Domestic Investors Have More Valuable Information About Individual Stocks Than Foreign Investors?
  Hyuk Choe, Bong-Chan Kho, and René M. Stulz #8073 (AP, IFM)
  
• Fiscal Requirements for Price Stability
  Michael Woodford #8072 (EFG, ME)
  
• Inflation Stabilization and Welfare
  Michael Woodford #8071 (EFG, ME)
  
• Trade in Capital Goods
  Jonathan Eaton and Samuel Kortum #8070 (ITI)
  
• Effects of Competition under Prospective Payment on Hospital Costs among High and Low Cost Admissions: Evidence from California, 1983 - 1993
  David Meltzer and Jeanette Chung #8069 (HC)
  
• Factor Price Equality and the Economies of the United States
  Andrew B. Bernard, J. Bradford Jensen, and Peter K. Schott #8068 (ITI)
  
• Free Riding and Sales Strategies for the Internet
  Dennis W. Carlton and Judith A. Chevalier #8067 (IO)
  
• The Risk and Return of Venture Capital
  John H. Cochrane #8066 (AP)
  
• The Relation Between Managed Care Market Share and the Treatment of Elderly Fee-For-Service Patients with Myocardial Infarction
  Paul A. Heidenreich, Mark McClellan, Craig Frances, and Laurence C. Baker #8065 (PE)
  
• Longevity-Insured Retirement Distributions from Pension Plans: Market and Regulatory Issues
  Jeffrey R. Brown and Mark J. Warshawsky #8064 (A, PE)
  
• The Effect of Medicaid Expansions for Low-Income Children on Medicaid Participation and Insurance Coverage: Evidence from the SIPP
  John C. Ham and Lara D. Shore-Sheppard #8063 (CH, HC)
  
• A Public Finance Approach to Assessing Poverty Alleviation
  Shlomo Yitzhaki #8062 (PE)
  

  ---

  The following are new or updated chapters for forthcoming books:

  "Price Collection and Quality Assurance of Item Sampling in the Retail Prices Index: How Can Scanner Data Help?"
  David Fenwick and Adrian Ball
  "Using Scanner Data to Improve the Quality of Measurement and the Measurement of Quality in the Consumer Price Index"
  William J. Hawkes and Frank W. Piotrowski
  "Korea's Liberalization of Financial Service Trade"
  by Sang In Hwang, Inseok Shin and Jungho Yoo
  "Price Index Estimation Using Price Imputation for Unsold Items"
  Ralph Bradley
  "Foreign Direct Investment and Service Trade: The Case of Japan"
  Kyoji Fukao and Keiko Ito
  "The Role of Industrial Country Policies in Emerging Market Crises"
  Jeffrey Frankel and Nouriel Roubini
  "Exchange Rate Regimes, Capital Flows and Crisis Prevention"
  Sebastian Edwards

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