Papers Issued in 1980
- w0588 December 1980 Inflation, Taxation, and Corporate Behavior
Roger H. Gordon
- w0602 December 1980 International Price Behavior and the Demand for Money
Arthur E. Gandolfi and James R. Lothian
- w0587 December 1980 Effects of Shifting Saving Patterns on Interest Rates and Economic Activity
Benjamin M. Friedman
- w0590 December 1980 A Model of the Black Market for Dollars
Rudiger Dornbusch, Daniel Valente Dantas, Clarice Pechman, Roberto de Rezende Rocha, and Demetrio Simoes
- w0607 December 1980 Does Purchasing Power Parity Work?
Michael R. Darby
- w0589 December 1980 Unanticipated or Actual Changes in Aggregate Demand Variables: A Cross-Country Analysis
Michael R. Darby
- w0585 December 1980 International Transmission under Pegged and Floating Exchange Rates: An Empirical Comparison
Michael R. Darby
- t0008 December 1980 Multivariate Refression Models for Paned Data
Gary Chamberlain
- w0601 December 1980 Real Effects of Anticipated and Unanticipated Money: Some Problems of Estimation and Hypothesis Testing
Willem H. Buiter
- w0592 December 1980 Oil, Disinflation, and Export Competitiveness: A Model of the "Dutch Disease"
Willem H. Buiter and Douglas D. Purvis
- w0591 December 1980 Monetary Policy and International Competitiveness
Willem H. Buiter and Marcus H. Miller
- w0603 December 1980 How Close to an Auction Is the Labor Market? Employee Risk Aversion, Income Uncertainty, and Optimal Labor Contracts
James N. Brown
- w0596 December 1980 Accelerated Depreciation and the Efficacy of Temporary Fiscal Policy: Implications for an Inflationary Economy
Andrew B. Abel
- w0593 December 1980 Symmetry Restrictions in a System of Financial Asset Demands: A Theoretical and Empirical Analysis
V. Vance Roley
- w0586 December 1980 The Effect of Federal Debt Management Policy on Corporate Bond and Equity Yields
V. Vance Roley
- w0595 December 1980 On Expectations, Term Premiums and the Volatility of Long-Term Interest Rates
James E. Pesando
- w0599 December 1980 Macroeconomic Policy, Exchange-Rate Dynamics, and Optimal Asset Accumulation
Maurice Obstfeld
- w0597 December 1980 Variable Cost Functions and the Rate of Return to Quasi-Fixed Factors: An Application to R and D in the Bell System
M. Ishaq Nadiri and Mark Schankerman
- w0610 December 1980 Income and Payroll Tax Policy and Labor Supply
Jerry A. Hausman
- w0598 December 1980 The International Financial Market and U.S. Interest Rates
David G. Hartman
- w0600 December 1980 Social Insurance and Consumption: An Empirical Inquiry
Daniel S. Hamermesh
- w0609 December 1980 Physical Disabilities and Post-Secondary Educational Outcomes
Robert A. Shakotko and Michael Grossman
- t0007 December 1980 A Disaggregated Structural Model of the Treasury Securities, Corporate Bond, and Equity Markets: Estimation and Simulation Results
V. Vance Roley
- w0604 December 1980 Inflation, Taxation, and Corporate Investment: A q-Theory Approach
Lawrence H. Summers
- w0606 December 1980 Inflation, the Stock Market, and Owner-Occupied Housing
Lawrence H. Summers
- w0605 December 1980 Tax Policy and Corporate Investment
Lawrence H. Summers
- w0608 December 1980 On Functions, Quality, and Timeliness of Economic Information
Victor Zarnowitz
- w0611 December 1980 Healthiness, Education, and Marital Status
Paul J. Taubman and Sherwin Rosen
- w0612 December 1980 The Choice of Health Policies with Heterogeneous Populations
Richard J. Zeckhauser and Donald S. Shepard
- w0594 December 1980 Taxes and Corporate Capital Structure in an Incomplete Market
Robert A. Taggart, Jr.
- w0261 December 1980 Survey Evidence on The Rationality of Interest Rate Expectations
Benjamin M. Friedman
- w0278 December 1980 Experience, Performance, and Earnings
James L. Medoff and Katharine G. Abraham
- r0113 December 1980 Output and Price Stability: An International Comparison
John B. Taylor
- r0126 December 1980 Aggregate Dynamics and Staggered Contracts
John B. Taylor
- r0129 December 1980 Effects of the World Economic Crisis on the East European Economies
Richard Portes
- r0117 December 1980 Taxation and the Effects of Inflation on the Real Capital Stock in an Open Economy
David G. Hartman
- r0116 December 1980 Foreign Investment and Finance with Risk
David G. Hartman
- r0115 December 1980 The Effects of Taxing Foreign Investment Income
David G. Hartman
- r0121 December 1980 On the Impossibility of Informationally Efficient Markets
Sanford J. Grossman and Joseph E. Stiglitz
- r0122 December 1980 Stockholder Unanimity in Making Production and Financial Decisions
Sanford J. Grossman and Joseph E. Stiglitz
- r0124 December 1980 Industrial Structure and the Nature of Innovative Activity
Partha Dasgupta and Joseph E. Stiglitz
- t0006 November 1980 The Role of Economic Policy After the New Classical Macroeconomics
Willem H. Buiter
- w0581 November 1980 International Effects on the U.S. Capital Market
David G. Hartman
- w0582 November 1980 Energy and Growth under Flexible Exchange Rates: A Simulation Study
Jeffrey D. Sachs
- w0576 November 1980 Taxation and Corporation Finance
Roger H. Gordon and Burton G. Malkiel
- w0584 November 1980 Self-Employment and Labor Force Participation of Older Males (Revised)
Victor R. Fuchs
- w0578 November 1980 The Reservation Wage of Unemployed Persons in the Federal Republic of Germany: Theory and Empirical Tests
Wolfgang Franz
- w0579 November 1980 Social Security, Induced Retirement, and Aggregate Capital Accumulation:A Correction and Updating
Martin Feldstein
- w0583 November 1980 Modeling Alternative Solutions to the Long-Run Social Security Funding Problem
Michael J. Boskin, Marcy Avrin, and Kenneth Cone
- w0580 November 1980 The Role of Economic Policy after the New Classical Macroeconomics
Willem H. Buiter
- w0577 November 1980 Inflation, Tax Rules, and Investment: Some Econometric Evidence
Martin Feldstein
- w0242 November 1980 The Exit-Voice Tradeoff in the Labor Market: Unionism, Job Tenure, Quits
Richard B. Freeman
- w0241 November 1980 Personal Taxation, Portfolio Choice and The Effect of the Corporation Income Tax
Martin Feldstein and Joel Slemrod
- w0193 November 1980 The Optimal Taxation of Foreign Source Investment Income
Martin Feldstein and David G. Hartman
- r0102 November 1980 Aggregate Land Rents, Expenditure on Public Goods, and Optimal City Size
Richard J. Arnott and Joseph E. Stiglitz
- r0099 November 1980 The Demand for Tax-Exempt Securities by Financial Institutions
Patric H. Hendershott and Timothy W. Koch
- r0101 November 1980 Corporate Financial Policy and Taxation in a Growing Economy
Martin Feldstein, Jerry Green, and Eytan Sheshinski
- r0105 November 1980 On Transactions and Precautionary Demand For Money
Jacob A. Frenkel and Boyan Jovanovic
- r0103 November 1980 Equalizing Differences in the Labor Market
Charles Brown
- w0568 October 1980 Private Pensions and Inflation
Martin Feldstein
- t0005 October 1980 Solution and Maximum Likelihood Estimation of Dynamic Nonlinear RationalExpectations Models
Ray C. Fair and John B. Taylor
- w0567 October 1980 Two Notes on Exchange Rate Rules and on the Real Value of External Debt
Rudiger Dornbusch
- w0570 October 1980 Wage and Employment Determinants under Trade Unionism: The InternationalTypographical Union
James N. Dertouzos and John H. Pencavel
- w0562 October 1980 Reconsidering the Work Disincentive Effects of Social Security
Alan S. Blinder, Roger H. Gordon, and Donald E. Wise
- w0569 October 1980 The Collapse of Purchasing Power Parities during the 1970s
Jacob A. Frenkel
- w0574 October 1980 Symmetric Substitution Matrices in Asset Demand Systsems
David S. Jones
- w0572 October 1980 Accumulation and Growth in a Two-Country Model: A Simulation Approach
David Lipton and Jeffrey Sachs
- w0559 October 1980 Price Level Determinacy with an Interest Rate Policy Rule and Rational Expectations
Bennett T. McCallum
- w0573 October 1980 Consistent Simple Sum Aggregation over Assets
David S. Jones
- w0571 October 1980 International Trade, Indebtedness, and Welfare Repercussions among Supply-Constrained Economies under Floating Exchange Rates
Bryce Hool and J. David Richardson
- w0560 October 1980 The Importance of Lifetime Jobs in the U.S. Economy
Robert E. Hall
- w0575 October 1980 Monetary and Fiscal Policies in an Open Economy
Jacob A. Frenkel and Michael L. Mussa
- t0004 October 1980 The Estimation of Distributed Lags in Short Panels
Zvi Griliches and Ariel Pakes
- w0564 October 1980 The Determinants of the Variability of Stock Market Prices
Sanford J. Grossman and Robert J. Shiller
- w0563 October 1980 Alternative Tests of Rational Expectations Models: The Case of the Term Structure
Robert J. Shiller
- w0557 October 1980 Capital Mobility and Devaluation in an Optimizing Model with Rational Expectations
Maurice Obstfeld
- w0561 October 1980 Patents and R and D at the Firm Level: A First Look
Ariel Pakes and Zvi Griliches
- w0565 October 1980 The Use of Volatility Measures in Assessing Market Efficiency
Robert J. Shiller
- w0566 October 1980 Asset Prices, Substitution Effects, and the Impact of Changes in Asset Stocks
Carl E. Walsh
- w0141 October 1980 Family Background and Optimal Schooling Decision
Edward P. Lazear
- r0096 October 1980 The Narrowing of Black-White Wage Differentials is Illusory
Edward P. Lazear
- r0097 October 1980 Taxation, Human Capital, and Uncertainty
Jonathan Eaton and Harvey S. Rosen
- r0098 October 1980 Accounting for Business Income under Inflation: Current Issues and Viewsin the United States
Solomon Fabricant
- w0547 September 1980 Inflation and the Tax Treatment of Firm Behavior
Alan J. Auerbach
- w0552 September 1980 Wages, Nonwage Job Characteristics, and Labor Mobility
Ann P. Bartel
- w0549 September 1980 The Timing of Monetary and Price Changes and the International Transmission of Inflation
Anthony Cassese and James R. Lothian
- w0541 September 1980 Three Papers on Brazilian Trade and Payments
Eliana A. Cardoso and Rudiger Dornbusch
- w0545 September 1980 Staggered Wage Setting without Money Illusion: Variations on a Theme of Taylor
Willem H. Buiter and Ian Jewitt
- w0550 September 1980 Government Intervention in the Inflation Process: The Econometrics of "Self-Inflicted Wounds"
Jon Frye and Robert J. Gordon
- w0544 September 1980 Gold Monetization and Gold Discipline
Robert P. Flood and Peter M. Garber
- w0555 September 1980 Inflation Stabilization and Capital Mobility
Rudiger Dornbusch
- w0551 September 1980 The Variance and Acceleration of Inflation in the 1970s: Alternative Explanatory Models and Methods
Jon Frye and Robert J. Gordon
- w0542 September 1980 Expected Inflation and Equity Prices: A Structural Econometric Approach
David S. Jones
- w0543 September 1980 The Economics of Tenure Choice: 1955-79
Patric H. Hendershott and James D. Shilling
- w0548 September 1980 Transfers, Taxes, and the NAIRU
Daniel S. Hamermesh
- w0556 September 1980 Trade Adjustment Assistance under the U.S. Trade Act of 1974: An Analytical Examination and Worker Survey
J. David Richardson
- w0553 September 1980 Inflation, Income Taxes, and Owner-Occupied Housing
James M. Poterba
- w0540 September 1980 Intermediate Imports, the Terms of Trade, and the Dynamics of the Exchange Rate and Current Account
Maurice Obstfeld
- w0554 September 1980 Oil and the Dollar
Paul R. Krugman
- r0084 September 1980 Strict Liability Versus Negligence
Steven Shavell
- r0086 September 1980 Portfolio Design and Portfolio Performance: The Individual Investor
Wilbur G. Lewellen, Ronald C. Lease, and Gary G. Schlarbaum
- r0083 September 1980 Money in the United Kingdom: 1833-1880
Wallace E. Huffman and James R. Lothian
- r0092 September 1980 Employment Fluctuations and Wage Rigidity
Robert E. Hall
- r0093 September 1980 Stabilization Policy and Capital Formation
Robert E. Hall
- r0090 September 1980 Exchange Rate Economics: Where Do We Stand?
Rudiger Dornbusch
- r0088 September 1980 Le Syndicalisme a Deux Visages
Richard B. Freeman and James L. Medoff
- w0546 August 1980 Taxation, Portfolio Choice, and Debt-Equity Ratios: A General Equilibrium Model
Alan J. Auerbach and Mervyn A. King
- w0535 August 1980 Some Aspects of the Canadian Experience with Flexible Exchange Rates in the 1970s
Charles Freedman and David Longworth
- w0539 August 1980 Time Preference and Health: An Exploratory Study
Victor R. Fuchs
- w0538 August 1980 Estimated Effects of the October 1979 Change in Monetary Policy on the 1980 Economy
Ray C* Fair
- w0530 August 1980 Does the Investment Interest Limitation Explain the Existence of Dividends?
Daniel R. Feenberg
- w0526 August 1980 Inflation, Portfolio Choice, and the Price of Land and Corporate Stock
Martin Feldstein
- w0537 August 1980 Exchange-Rate Expectations and Nominal Interest Differentials: A Test ofthe Fisher Hypothesis
Robert E. Cumby and Maurice Obstfeld
- w0525 August 1980 The Relation of Stock Prices to Corporate Earnings Adjusted for Inflation
Phillip Cagan
- w0531 August 1980 Policy Decentralization and Exchange Rate Management in Interdependent Economies
Willem H. Buiter and Jonathan Eaton
- w0527 August 1980 The Optimal Weighting of Indicators for a Crawling Peg
William H. Branson and Jorge Braga de Macedo
- w0533 August 1980 The Tax Advantages of Pension Fund Investments in Bonds
Fischer Black
- w0536 August 1980 Further Evidence on the Value of Professional Investment Research
Kenneth L. Stanley, Wilbur G. Lewehlen, and Gary G. Schlarbau
- w0528 August 1980 The Capitalization of Income Streams and the Effects of Open Market Policy under Fixed Exchange Rates
Maurice Obstfeld
- w0532 August 1980 Microeconomic Aspects of Productivity Growth under Import Substitution: Turkey
Anne O. Krueger and Baran Tuncer
- w0534 August 1980 Incomplete Information, Risk Shifting, and Employment Fluctuations
Herschel I. Grossman
- w0529 August 1980 The Historical Evolution of Female Earnings Functions and Occupations
Claudia D. Goldin
- w0213 August 1980 The Relationship Between Children's Health and Intellectual Development
Linda N. Edwards and Michael Grossman
- r0076 August 1980 Intergenerational Transfers and Inequality
D.L. Bevan and Joseph E. Stiglitz
- r0078 August 1980 Some Further Remarks on Cost-Benefit Analysis
Joseph E. Stiglitz
- r0074 August 1980 Wages, Profits, and Macroeconomic Adjustment: A Comparative Study
Jeffrey D. Sachs
- r0081 August 1980 Analysis of the Impact of Capital-Specific Policies or Legislation
Patric H. Hendershott
- r0077 August 1980 A Neoclassical Analysis of the Economics of Natural Resources
Joseph E. Stiglitz
- w0508 July 1980 State and Local Taxes and the Rate of Return on Nonfinancial Corporate Capital (revised as W0740)
Martin Feldstein and James M. Poterba
- w0497 July 1980 Alternative Tax Treatments of the Family: Simulation Methodology and Results
Daniel R. Feenberg and Harvey S. Rosen
- w0514 July 1980 Demographic Differences in Cyclical Employment Variation
Kim B. Clark and Lawrence H. Summers
- w0524 July 1980 The Role of Money Supply Shocks in the Short-Run Demand for Money
Jack Carr and Michael R. Darby
- w0503 July 1980 Modeling Price Rigidity or Predicting the Quality of the Good that Clears the Market
Dennis W. Carlton
- w0516 July 1980 Implications for the Adjustment Process of International Asset Risks: Exchange Controls, Intervention and Policy Risk, and Sovereign Risk
Willem H. Buiter
- w0522 July 1980 Import Competition and Macro Economic Adjustment under Wage-Price Rigidity
Michael Bruno
- w0498 July 1980 Monetary Information and Macroeconomic Fluctuations
John F. Boschen and Herschel I. Grossman
- w0515 July 1980 Inventories and the Structure of Macro Models
Alan S. Blinder
- w0502 July 1980 Irreversibility, Uncertainty, and Cyclical Investment
Ben S. Bernanke
- w0523 July 1980 Aggregate Land Rents and Aggregate Transport Costs
Richard J. Arnott and Joseph E. Stiglitz
- w0520 July 1980 Transition Losses of Partially Mobile Industry-Specific Capital
Don Fullerton
- w0510 July 1980 Distributions of Family Hospital and Physician Expenses
Bernard Friedman
- w0500 July 1980 The Transmission of Disturbances under Alternative Exchange-Rate Regimeswith Optimal Indexing
Robert P. Flood and Nancy Peregrim Marion
- w0509 July 1980 Pension Funding, Share Prices, and National Saving
Martin Feldstein and Stephanie Seligman
- w0513 July 1980 Market Wages, Reservation Wages, and Retirement Decisions
Roger H. Gordon and Alan S. Blinder
- w0499 July 1980 On the Almost Neutrality of Inflation: Notes on Taxation and the Welfare Costs of Inflation
Joseph E. Stiglitz
- w0501 July 1980 Adjustment to Variations in Imported Input Prices: The Role of Economic Structure
Louka T. Katseli and Nancy Peregrim Marion
- w0517 July 1980 Monetary Policy and Long-Term Interest Rates: An Efficient Markets Approach
Frederic S. Mishkin
- w0507 July 1980 Are Market Forecasts Rational?
Frederic S. Mishkin
- w0506 July 1980 Does Anticipated Monetary Policy Matter? An Econometric Investigation
Frederic S. Mishkin
- w0504 July 1980 Taxes, Saving, and Welfare: Theory and Evidence
Charles E. McLure, Jr.
- w0521 July 1980 Prices and Market Shares in the International Machinery Trade
Irving B. Kravis, Robert E. Lipsey, and Dennis M. Bushe
- w0518 July 1980 Anticipated Inflation, the Frequency of Transactions, and the Slope of the Phillips Curve
Zvi Hercowitz
- w0505 July 1980 The Sensitivity of Consumption to Transitory Income: Estimates from Panel Data on Households
Robert E. Hall and Frederic S. Mishkin
- w0512 July 1980 Analyzing the Relation of Unemployment Insurance to Unemployment
Alan L. Gustman
- w0496 July 1980 Taxation and the Ex-Dividend Day Behavior of Common Stock Prices
Jerry R. Green
- w0519 July 1980 Labor Market Competition among Youths, White Women, and Others
James H. Grant and Daniel S. Hamermesh
- w0511 July 1980 A Model of Firms' Decisions to Export or Produce Abroad
J. Weinblatt and Robert E. Lipsey
- r0072 July 1980 A Contribution to the Theory of tax Expenditures: The Case of CharitableGiving
Martin Feldstein
- w0488 June 1980 The Level and Distribution of Economic Well-Being
Alan S. Blinder
- w0490 June 1980 Intertemporal Substitution and the Business Cycle
Robert J. Barro
- w0495 June 1980 Will the Real Excess Burden Please Stand Up? (Or, Seven Measures in Search of a Concept)
Alan J. Auerbach and Harvey S. Rosen
- w0487 June 1980 Income Tax Incentives to Promote Saving
Charles Becker and Don Fullerton
- w0483 June 1980 A Note on the Efficient Design of Investment Incentives
Alan J. Auerbach
- w0491 June 1980 Components of Manufacturing Inventories
Alan J. Auerbach and Jerry R. Green
- w0484 June 1980 Fixed Costs and Labor Supply
John F. Cogaj
- w0481 June 1980 An Implicit Clientele Test of the Relationship between Taxation and Capital Structure
Paul Grier and Paul Strebel
- w0486 June 1980 Economic Growth and the Rise of Service Employment
Victor R. Fuchs
- w0493 June 1980 Exchange Rate Risk and the Macroeconomics of Exchange Rate Determination
Rudiger Dornbusch
- w0494 June 1980 Sterilization and Offsetting Capital Movements: Evidence from West Germany, 1960-1970
Maurice Obstfeld
- w0485 June 1980 Imperfect Asset Substitutability and Monetary Policy under Fixed Exchange Rates
Maurice Obstfeld
- w0492 June 1980 Exchange-Rate Unions and the Volatility of the Dollar
Richard C. Marston
- w0482 June 1980 The Location of Overseas Production and Production for Export by U.S. Multinational Firms
Irving B. Kravis and Robert E. Lipsey
- w0489 June 1980 Martingale-Like Behavior of Prices
Christopher A. Sims
- w0262 June 1980 Changes in Household Living Arrangements 1950-76
Robert T. Michael, Victor R. Fuchs, and Sharon R. Scott
- r0063 June 1980 Financial Leverage Clienteles: Theory and Evidence
E. Han Kim, Wilbur G. Lewellen, and John J. McConnell
- r0062 June 1980 The Information Value of Observing Monetary Policy Deliberations
Benjamin M. Friedman
- w0475 May 1980 Interactions Between Inflation and Trade-Regime Objectives in Stabilization Programs
Anne O. Krueger
- w0478 May 1980 Labor Markets and Evaluations of Vocational Training Programs in the Public High Schools - Toward a Framework for Analysis
Alan L. Gustman and Thomas L. Steinmeier
- w0480 May 1980 Economic Consequences of Unfunded Vested Pension Benefits
Mark Gersovitz
- w0476 May 1980 Efficiency of Foreign Exchange Markets and Measures of Turbulence
Jacob A. Frenkel and Michael L. Mussa
- w0477 May 1980 Social Security Benefits and the Accumulation of Preretirement Wealth
Martin Feldstein
- w0479 May 1980 Interrupted Work Careers
Jacob Mincer and Haim Ofek
- w0243 May 1980 Taxation and Corporate Financial Policy
J. Gregory Ballentine and Charles E. McLure, Jr.
- w0239 May 1980 The Effect of Shifting Wealth Ownership on the Term Structure of Interest Rates
Benjamin M. Friedman
- w0206 May 1980 Social Security and Household Wealth Accumulation: New Microeconomic Evidence
Martin Feldstein and Anthony J. Pellechio
- r0061 May 1980 Federal Taxes and Home Ownership: Evidence from Time Series
Harvey S. Rosen and Kenneth T. Rosen
- r0058 May 1980 Coupon and Tax Effects on New and Seasoned Bond Yields and the Measurement of the Cost of Debt Capital
Robert J. Shiller and Franco Modigliani
- r0055 May 1980 Social Security Financing and Retirement Behavior
Anthony J. Pellechio
- w0469 April 1980 Trends in U.S. International Trade and Investment since World War II
William H. Branson
- w0474 April 1980 The "Speculative Efficiency" Hypothesis
John F. O. Bilson
- w0472 April 1980 Monetary Stabilization, Intervention and Real Appreciation
Rudiger Dornbusch
- w0465 April 1980 How Effective Have Fiscal Policies Been in Changing the Distribution of Income and Wealth?
Mervyn A. King
- w0473 April 1980 Exchange Rate Rules and Macroeconomic Stability
Rudiger Dornbusch
- w0467 April 1980 On the Possibility of an Inverse Relationship between Tax Rates and Government Revenues
Don Fullerton
- w0471 April 1980 Expectations and the Valuation of Shares
Burton G. Malkiel and John G. Cragg
- w0468 April 1980 An Index of Inequality: With Applications to Horizontal Equity and Social Mobility
Mervyn A. King
- w0466 April 1980 Trade Policy as an Input to Development
Anne O. Krueger
- w0254 April 1980 Wealth Maximization and the Cost of Capital
Alan J. Auerbach
- w0198 April 1980 The Economics of Migration: An Empirical Analysis with Special Referenceto the Role of Job Mobility
Ann P. Bartel
- w0178 April 1980 Investors' Portfolio Behavior Under Alternative Models of Long-Term Interest Rate Expectations: Unitary, Rational, or Autoregressive
Benjamin M. Friedman and V. Vance Roley
- w0117 April 1980 Job Mobility and Earnings Growth
Ann P. Bartel
- r0049 April 1980 On the Determination of the Public Debt
Robert J. Barro
- r0048 April 1980 The Optimal Taxation of Heterogeneous Capital
Alan J. Auerbach
- r0054 April 1980 Expectations, Tobins q, and Industry Investment
Burton G. Malkiel, George M. von Furstenberg, and Harry S. Watson
- r0038 April 1980 Unemployment-Inflation Trade-Offs with Rational Expectations in an Open Economy
Willem H. Buiter
- w0470 April 1980 Accelerating Inflation and the Distribution of Household Savings Incentives
Edward J. Kane
- w0463 March 1980 Resolving Nuisance Disputes: The Simple Economics of Injunctive and Damage Remedies
A. Mitchell Polinsky
- w0461 March 1980 Protectionist Pressures, Imports, and Employment in the United States
Anne O. Krueger
- w0462 March 1980 The Mark III International Transmission Model
Michael R. Darby and Alan C. Stockman
- w0464 March 1980 Monetary Accommodation of Supply Shocks under Rational Expectations
Alan S. Blinder
- w0337 March 1980 Static and Dynamic Resource Allocation Effects of Corporate and PersonalTax Integration in the U.S.: A General Equilibrium Approach(Rev)
Don Fullerton, A. Thomas King, John B. Shoven, and John Whalley
- r0037 March 1980 Investment Performance and Investor Behavior
Wilbur G. Lewellen, Ronald C. Lease, and Gary G. Schlarbaum
- w0442 February 1980 Purchasing-Power Annuities: Financial Innovation for Stable Real Retirement Income in an Inflationary Environment
Zvi Bodie
- w0460 February 1980 Inventories in the Keynesian Macro Model
Alan S. Blinder
- w0443 February 1980 Federal Deficit Policy and the Effects of Public Debt Shocks
Robert J. Barro
- w0457 February 1980 Tax Neutrality and the Social Discount Rate: A Suggested Framework
Alan J. Auerbach
- w0448 February 1980 The Distribution of the U.S. Capital Stock Between Residential and Industrial Uses
Martin Feldstein
- w0446 February 1980 The Evolution of the American Labor Market 1948-1980
Richard B. Freeman
- w0449 February 1980 Sterilization and Monetary Control under Pegged Exchange Rates: Theory and Evidence
Michael R. Darby
- w0441 February 1980 Effect of Minimum Wages on Human Capital Formation
Jacob Mincer and Linda S. Leighton
- w0451 February 1980 Dynamic Aspects of of Children's Health, Intellectual Development, and Family Economic Status
Robert A. Shakotko
- w0444 February 1980 On Estimating the Expected Return on the Market: An Exploratory Investigation
Robert C. Merton
- w0440 February 1980 Wage Expectations in the Labor Market: Survey Evidence on Rationality
Jonathan S. Leonard
- w0445 February 1980 The Role of Intergenerational Transfers in Aggregate Capital Accumulation
Laurence J. Kotlikoff and Lawrence H. Summers
- w0447 February 1980 Mortgage Revenue Bonds: Tax Exemption with a Vengeance
Patric H. Hendershott
- w0453 February 1980 Disequilibrium Dynamics with Inventories and Anticipatory Price-Setting:Some Impirical Results
Jerry R. Green and Jean-Jacques Laffont
- w0459 February 1980 Postwar Macroeconomics: The Evolution of Events and Ideas
Robert J. Gordon
- w0450 February 1980 Flexible Exchange Rates in the 1970's
Jacob A. Frenkel
- w0452 February 1980 Exchange Rates, Prices and Money: Lessons from the 1920s
Jacob A. Frenkel
- w0455 February 1980 A Consistent Characterization of a Near-Century of Price Behavior
Robert J. Gordon
- w0458 February 1980 Postwar Changes in the American Financial Markets
Benjamin M. Friedman
- w0456 February 1980 Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends?
Robert J. Shiller
- w0454 February 1980 An Exploration of the Dynamic Relationship between Health and Cognitive Development in Adolescence
Robert A. Shakotko, Linda N. Edwards, and Michael Grossman
- w0429 1980 Exchange Rates, Money and Relative Prices: The Dollar-Pound in the 1920's
Kenneth W. Clements and Jacob A. Frenkel
- w0425 1980 Planning and Market Structure
Dennis W. Carlton
- w0432 1980 Output Effects of Government Purchases
Robert J. Barro
- w0422 1980 Tax Rules and the Mismanagement of Monetary Policy
Martin Feldstean
- w0436 1980 The Taxation of Exhaustible Resources
Partha Dasgupta, Geoffrey Heal, and Joseph E. Stiflitx
- w0437 1980 The International Economy as a Source of and Restraint on United States Inflation
Michael R. Darby
- w0424 1980 Risk Shifting, Unemployment Insurance, and Layoffs
Herschel I. Grossman
- w0431 1980 Money and the Dispersion of Relative Prices
Zvi Hercowitz
- w0439 1980 Expectations and the Forward Exchange Rate
Craig S. Hakkio
- w0426 1980 The Term Structure of the Forward Premium
Craig S. Hakkio
- w0419 1980 Public Policy Toward Life Saving: Maximize Lives Saved vs. Consumer Sovereignty
William Gould and Richard Thaler
- w0427 1980 The "End-of-Expansion" Phenomenon in Short-run Productivity Behavior
Robert J. Gordon
- w0434 1980 R&D and the Productivity Slowdown
Zvi Griliches
- w0435 1980 Government Deficits and Aggregate Demand
Martin Feldstein
- w0420 1980 Strict Liability versus Negligence in a Market Setting
A. Mitchell Polinsky
- w0430 1980 Comparison of Interwar and Postwar Business Cycles: Monetarism Reconsidered
Christopher A. Sims
- w0438 1980 An Exploration into the Determinants of Research Intensity
Ariel Pakes and Mark Schankerman
- w0423 1980 Sectoral Productivity Slowdown
M. Ishaq Nadiri
- w0421 1980 An Empirical Model of Labor Supply in a Life Cycle Setting
Thomas E. MaCurdy
- w0433 1980 Money and Price Dispersion in the United States
Zvi Hercowitz
- w0428 1980 Savings and Taxation
Mervyn A. King
- w0255 1980 Share Valuation and Corporate Equity Policy
Alan J. Auerbach
- w0186 1980 Do Private Pensions Increase National Saving?
Martin Feldstein
- r0033 1980 Second Thoughts on Keynesian Economics
Robert J. Barro
- r0032 1980 Money and the Price Level under the Gold Standard
Robert J. Barro
- r0025 1980 Social Security and Consumer Spending in an International Cross Section
Robert J. Barro and Glenn M. MacDonald
- r0024 1980 Housing Decisions and the U.S. Income Tax: An Econometric Analysis
Harvey S. Rosen
- r0021 1980 Realized Returns on Common Stock Investments: The Experience of Individual Investors
Gary G. Schlarbaum, Wilbur G. Lewellen, and Ronald C. Lease
- r0028 1980 Optimal Expectations and the Extreme Information Assumptions of 'Rational Expectations' Macromodels
Benjamin M. Friedman
- r0022 1980 An Analysis of Brokerage House Securities Recommendations
John C. Groth, Wilbur G. Levellen, Gary G. Schlarbaum, and Ronald C. Lease
- r0023 1980 Short-run and Long-run Effects of External Disturbances Under a FloatingExchange Rate
Willem H. Buiter
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