Papers Issued in 1985
- w1769 December 1985 Exchange Rates and Prices
Rudiger Dornbusch
- w1773 December 1985 International Capital Mobility and Crowding Out in the U.S. Economy: Imperfect Integration of Financial Markets or of Goods Markets?
Jeffrey A. Frankel
- w1771 December 1985 The Wage Price Spiral
Olivier J. Blanchard
- w1772 December 1985 Debt and Default in the 1930s: Causes and Consequences
Barry J. Eichengreen and Richard Portes
- w1774 December 1985 New Estimates of Federal Government Tangible Capital and Net Investment
Michael J. Boskin, Marc S. Robinson, and John M. Roberts
- w1770 December 1985 Monopolistic Competition, Aggregate Demand Externalities and Real Effects of Nominal Money
Olivier J. Blanchard and Nobuhiro Kiyotaki
- w1776 December 1985 Has Cost Containment Gone Too Far?
Victor R. Fuchs
- t0053 December 1985 Microeconomic Approaches to the Theory of International Comparisons
W. Erwin Diewert
- w1775 December 1985 Should Social Security Be Means Tested?
Martin Feldstein
- w1778 December 1985 R&D and Productivity Growth: Comparing Japanese and U.S. Manufacturing Firms
Zvi Griliches and Jacques Mairesse
- w1777 December 1985 Causes of Appreciation and Volatility of the Dollar with Comment by Jacob Frenkel
William H. Branson and Jacob A. Frenkel
- w1783 December 1985 A Multinominal Logistic Approach to the Labor Force Behavior of JapaneseMarried Women
Tadashi Yamada, Tetsuji Yamada, and Frank Chaloupka
- w1782 December 1985 The Crime Rate and the Condition of the Labor Market: A Vector Autoregressive Model
Tadashi Yamada
- w1781 December 1985 The Second Best Theory of Differential Capital Taxation
Martin Feldstein
- w1780 December 1985 The Dynamic Interaction of Exchange Rates and Trade Flows
William H. Branson
- w1784 December 1985 Expected Fiscal Policy and the Recession of 1982
William H. Branson, Arminio Fraga, and Robert A. Johnson
- t0052 November 1985 A Fiscal Theory of Hyperdeflations? Some Surprising Monetarist Arithmetic
Willem H. Buiter
- w1768 October 1985 The Deductibility of State and Local Taxes: Impact Effects by State and Income Class
Daniel R. Feenberg and Harvey S. Rosen
- w1712 October 1985 Inflation, Tariffs and Tax Enforcement Costs
Joshua Aizenman
- w1779 October 1985 Rational Bubbles in Stock Prices?
Behzad T. Diba and Herschel I. Grossman
- w1746 October 1985 Macroeconomic Policy Design in an Interdependent World Economy: An Analysis of Three Contingencies
Willem H. Buiter
- w1750 October 1985 A Latent Variable Model of Quality Determination
Paul J. Gertler
- w1755 October 1985 Exchange Controls, Capital Controls, and International Financial Markets
Alan C. Stockman and Alejandro Hernandez D.
- w1747 October 1985 The Covariance Structure of Earnings and Income, Compensatory Behavior and On-the-Job Investments
J. R. Kearl
- w1749 October 1985 The Covariation of Risk Premiums and Expected Future Spot Exchange Rates
Robert J. Hodrick and Sanjay Srivastava
- w1748 October 1985 The Effect of the Union Wage Differential on Management Opposition and Union Organizing Success
Richard B. Freeman
- w1751 October 1985 A Decomposition of the Elasticity of Medicaid Nursing Home Expenditures Into Price, Quality, and Quantity Effects
Paul J. Gertler
- w1753 October 1985 Taxes and Corporate Investment in Japanese Manufacturing
Fumio Hayashi
- w1752 October 1985 Increasing Returns and the Theory of International Trade
Paul R. Krugman
- w1754 October 1985 Workers' Rights: Rethinking Protective Labor Legislation
Ronald G. Ehrenberg
- w1757 October 1985 The Impact of Induced Abortion on Birth Outcomes in the U.S.
Theodore J. Joyce
- w1756 October 1985 The Return to Tax Simplification: An Econometric Analysis
Joel Slemrod
- w1758 October 1985 The Antebellum "Surge" in Skill Differentials One More Time: New Evidence
Robert A. Margo and Georgia C. Villaflor
- w1759 October 1985 The Optimal Size of a Tax Collection Agency
Joel Slemrod and Shlomo Yitzhaki
- w1760 October 1985 Taxpayer Behavior and the Distribution of the 1982 Tax Cut
Lawrence B. Lindsey
- w1761 October 1985 Estimating the Revenue Maximizing Top Personal Tax Rate
Lawrence B. Lindsey
- w1762 October 1985 The Corporate Cost of Capital in Japan and the U.S.: A Comparison
Albert Ando and Alan J. Auerbach
- w1763 October 1985 The Impact of Pollution Abatement Investment on Productivity Change: AnEmpirical Comparison of the U.S., Germany, and Canada
Klaus Conrad and Catherine J. Morrison
- w1765 October 1985 The Impact of Tax Reform on Households
Joel Slemrod
- w1764 October 1985 Testing Long-Run Productivity Models for the Canadian and U.S. Agricultural Sectors
Susan M. Capalbo and Michael Denny
- w1766 October 1985 Changes in the Age Distribution of Income in the United States, 1968-1984
Michael J. Boskin, Laurence J. Kotlikoff, and Michael Knetter
- w1716 October 1985 Short-Term and Long-Term Interest Rates in a Monetary Model of a Small Open Economy
Stephen J. Turnovsky
- w1717 October 1985 Standard-Rate Wage Setting, Labor Quality, and Unions
Charles Brown
- w1715 October 1985 Assistance to the Poor in a Federal System
Charles Brown and Wallace E. Oates
- w1714 October 1985 Does Deductibility Influence Local Taxation?
Robert P. Inman
- w1711 October 1985 Poverty in America: Is Welfare the Answer or the Problem?
David T. Ellwood and Lawrence H. Summers
- w1713 October 1985 A Problem of Financial Market Equilibrium When the Timing of Tax Payments is Indeterminate
David F. Bradford
- w1767 October 1985 Price Flexibility, Credit Rationing, and Economic Fluctuations: Evidence from the U.S., 1879-1914
Charles W. Calomiris and R. Glenn Hubbard
- w1720 October 1985 Tests for Liquidity Constraints: A Critical Survey
Fumio Hayashi
- w1718 October 1985 The Comparative Advantage of Educated Workers in Implementing New Technology: Some Empirical Evidence
Ann P. Bartel and Frank R. Lichtenberg
- w1719 October 1985 Defined Benefit versus Defined Contribution Pension Plans: What are the Real Tradeoffs?
Zvi Bodie, Alan J. Marcus, and Robert C. Merton
- w1723 October 1985 Taxation of Investment and Savings in a World Economy: The Certainty Case
Roger H. Gordon
- w1722 October 1985 Monetary Rules and Commodity Schemes Under Uncertainty
Stanley Fischer
- w1721 October 1985 Mutual Fund Performance Evaluation: A Comparison of Benchmarks and Benchmark Comparisons
Bruce N. Lehmann and David M. Modest
- w1725 October 1985 The Empirical Foundations of the Arbitrage Pricing Theory I: The Empirical Tests
Bruce N. Lehmann and David M. Modest
- w1724 October 1985 The Welfare Analysis of Product Innovations with an Application to CT Scanners
Manuel Trajtenberg
- w1735 October 1985 Productivity Growth in the Automobile Industry, 1970-1980: A Comparisonof Canada, Japan and the United States
Melvyn A. Fuss and Leonard Waverman
- w1734 October 1985 Sharing Some Thoughts on Weitzman's The Share Economy
Russell Cooper
- w1733 October 1985 Union Work Rules and Efficiency in the Building Trades
Steven G. Allen
- w1732 October 1985 Was it Real? The Exchange Rate-Interest Differential Relation, 1973-1984
Richard Meese and Kenneth Rogoff
- w1731 October 1985 The Determinants of IRA Contributions and the Effect of Limit Changes
Steven F. Venti and David A. Wise
- w1727 October 1985 The Funding Status of Teacher Pensions: An Econometric Approach
Robert P. Inman
- w1726 October 1985 The Empirical Foundations of the Arbitrage Pricing Theory II: The Optimal Construction of Basis Portfolios
Bruce N. Lehmann and David M. Modest
- w1728 October 1985 Municipal Employment, Municipal Unions, and Demand for Municipal Services
Jeffrey S. Zax
- w1730 October 1985 Intergenerational Risk Sharing
Roger H. Gordon and Hal R. Varian
- w1729 October 1985 Birth Outcome Production Functions in the U.S.
Hope Corman, Theodore J. Joyce, and Michael Grossman
- w1739 October 1985 Inflation, Exchange Rates and Stabilization
Rudiger Dornbusch
- w1738 October 1985 Nominal Contracting and Price Flexibility in Product Markets
R. Glenn Hubbard and Robert J. Weiner
- w1737 October 1985 Life Insurance of the Elderly: Adequacy and Determinants
Alan J. Auerbach and Laurence J. Kotlikoff
- w1741 October 1985 Commodity Export Boom and the Real Exchange Rate: The Money-Inflation Link
Sebastian Edwards
- w1740 October 1985 The Administration Tax Reform Proposal and Housing
Patric H. Hendershott and David C. Ling
- w1736 October 1985 Social Security and Individual Welfare: Precautionary Saving, LiquidityConstraints, and the Payroll Tax
R. Glenn Hubbard and Kenneth L. Judd
- w1742 October 1985 Employment While in College, Academic Achievement and Post-College Outcomes: A Summary of Results
Ronald G. Ehrenberg and Daniel R. Sherman
- w1743 October 1985 Foreign Currency Futures
Robert J. Hodrick and Sanjay Srivastava
- w1744 October 1985 Labor Supply Incentives and Disincentives for the Disabled
Jonathan S. Leonard
- w1745 October 1985 The Effectiveness of Equal Employment Law and Affirmative Action Regulation
Jonathan S. Leonard
- t0051 October 1985 Do We Reject Too Often? Small Sample Properties of Tests of Rational Expectations Models
N. Gregory Mankiw and Matthew D. Shapiro
- r0651 October 1985 Understanding Inflation in the 1980's
Robert J. Gordon
- w1703 September 1985 Growth and External Debt Under Risk of Debt Repudiation
Daniel Cohen and Jeffrey Sachs
- w1701 September 1985 Marriage Patterns in the United States
David E. Bloom and Neil G. Bennett
- w1705 September 1985 Interest Rates, Money Supply Announcements, and Monetary Base Announcements
John Huizinga and Leonardo Leiderman
- w1695 September 1985 Affordability and the Value of Seller Financing
Donald R. Haurin and Patric H. Hendershott
- w1696 September 1985 Aggregate Supply and Demand Factors in OECD Unemployment: An Update
Michael Bruno
- w1697 September 1985 Lending with Costly Enforcement of Repayment and Potential Fraud
Jonathan Eaton
- w1698 September 1985 An Analysis of the Stabilizing and Welfare Effects of Intervention in Spot and Futures Markets
Robert B. Campbell and Stephen J. Turnovsky
- w1700 September 1985 On the Nature and Estimation of Age. Period, and Cohort Effects in Demographic Data
David E. Bloom
- w1699 September 1985 Monetary and Fiscal Policy Under Perfect Foresight: A Symmetric Two Country Analysis
Stephen J. Turnovsky
- w1702 September 1985 The Behavior of Interest Rates and Real Exchange Rates During a Liberalization Episode: The Case of Chile 1973-83
Sebastian Edwards
- w1710 September 1985 Issues in National Savings Policy
Lawrence H. Summers
- w1707 September 1985 Tax Reform and Financial Markets
Patric H. Hendershott
- w1706 September 1985 On the Age at Leaving Home in the Early Nineteenth Century: Evidence from the Lives of New England Manufacturers
David W. Galenson
- w1704 September 1985 The Ineffectiveness of Effective Tax Rates on Business Investment
Robert S. Chirinko
- w1708 September 1985 Tax Reform, Interest Rates and Capital Allocation
Patric H. Hendershott
- w1709 September 1985 Taxation and the Size and Composition of the Capital Stock: An Asset Price Approach
Lawrence H. Summers
- w1675 August 1985 Stopping Hyperinflation: Lessons from the German Inflation Experience of the 1920s
Rudiger Dornbusch
- w1674 August 1985 Dynamic R&D Competition
Gene M. Grossman and Carl Shapiro
- w1677 August 1985 Unions, Pension Wealth, and Age-Compensation Profiles
Steven G. Allen and Robert L. Clark
- w1676 August 1985 Are Devaluations Contractionary?
Sebastian Edwards
- w1679 August 1985 Horizontal Equity: Measures in Search of a Principle
Louis Kaplow
- w1680 August 1985 Gibson's Paradox and the Gold Standard
Robert B. Barsky and Lawrence H. Summers
- w1681 August 1985 A Pigovian Rule for the Optimum Provision of Public Goods
Mervyn A. King
- w1682 August 1985 The Cost of Annuities: Implications for Saving Behavior and Bequests
Benjamin M. Friedman and Mark Warshawsky
- w1678 August 1985 Monetary Policy Regime Shifts and the Unusual Behavior of Real Interest Rates
John Huizinga and Frederic S. Mishkin
- w1694 August 1985 Real Interest and Consumption
Robert E. Hall
- w1693 August 1985 The Impact of the Runaway Office on Union Certification Elections in Clerical Units
Beatrice J. Freiberg and William T. Dickens
- w1692 August 1985 Capital Mobility in the World Economy: Theory and Measurement
Maurice Obstfeld
- w1691 August 1985 Subsidies, Quality, and Regulation in the Nursing Home Industry
Paul J. Gertler
- w1689 August 1985 The Pricing of Bonds and Bank Loans in International Markets: An Empirical Analysis of Developing Countries' Foreign Borrowing
Sebastian Edwards
- w1690 August 1985 Choice Under Uncertainty: A Model of Applications for the Social Security Disability Insurance Program
Janice Halpern and Jerry A. Hausman
- w1688 August 1985 The Economics of Reproduction-Related Health Care
Victor R. Fuchs and Leslie Perreault
- w1687 August 1985 A Reappraisal of Recent Tests of the Permanent Income Hypothesis
Charles R. Nelson
- w1686 August 1985 Is Increased Price Flexibility Stabilizing?
J. Bradford De Long and Lawrence H. Summers
- w1685 August 1985 Productivity Growth in Manufacturing During Early Industrialization: Evidence from the American Northeast, 1820 to 1860
Kenneth L. Sokoloff
- w1684 August 1985 Hidden Stimuli to Capital Formation: Debt and the Incomplete Adjustment of Financial Returns
Robert S. Chirinko and Stephen R. King
- w1683 August 1985 Annuity Prices and Saving Behavior in the United States
Benjamin M. Friedman and Mark Warshawsky
- w1662 July 1985 Dimensions and Determinants of Early Childhood Health and Mortality Among American Slaves
Richard H. Steckel
- w1661 July 1985 The Physical State of the British Working Class, 1870-1914: Evidence from Army Recruits
Roderick Floud, Kenneth W. Wachter, and Annabel Gregory
- w1660 July 1985 Predation through Regulation: The Wage and Profit Impacts of OSHA and EPA
Ann P. Bartel and Lacy Glenn Thomas
- w1659 July 1985 Special Exchange Rates for Capital Account Transactions
Rudiger Dornbusch
- w1663 July 1985 Monetary Dynamics with Proportional Transaction Costs and Fixed Payment Periods
Sanford J. Grossman
- w1657 July 1985 Economic Effects of Municipal Government Institutions
Jeffrey S. Zax
- w1658 July 1985 Optimal Dynamic R&D Programs
Gene M. Grossman and Carl Shapiro
- w1672 July 1985 Using Survey Data to Test Some Standard Propositions Regarding Exchange Rate Expectations
Jeffrey A. Frankel and Kenneth A. Froot
- w1670 July 1985 Testing Dual Labor Market Theory: A Reconsideration of the Evidence
William T. Dickens and Kevin Lang
- w1671 July 1985 Bargaining Unit, Union, Industry, and Locational Correlates of Union Support in Certification and Decertification
William T. Dickens, Douglas R. Wholey, and James C. Robinson
- w1673 July 1985 Sovereign Debt as a Contingent Claim: Excusable Default, Repudiation, and Reputation
Herschel I. Grossman and John B. Van Huyck
- w1664 July 1985 Capital Accumulation and Uncertain Lifetimes with Adverse Selection
Andrew B. Abel
- w1665 July 1985 Domestic Violence: A Non-random Affair
Helen V. Tauchen, Ann Dryden Witte, and Sharon K. Long
- w1666 July 1985 A Theory of Dual Labor Markets with Application to Industrial Policy, Discrimination and Keynesian Unemployment
Jeremy I. Bulow and Lawrence H. Summers
- w1667 July 1985 Regulated Price Discrimination and Quality: The Implications of Medicaid Reimbursement Policy for the Nursing Home Industry
Paul J. Gertler
- w1668 July 1985 Prizes and Incentives in Elimination Tournaments
Sherwin Rosen
- w1669 July 1985 The Changing Behavior of the Term Structure of Interest Rates
N. Gregory Mankiw and Jeffrey A. Miron
- w1627 June 1985 A Tax-Based Test for Nominal Rigidities
James M. Poterba, Julio J. Rotemberg, and Lawrence H. Summers
- w1626 June 1985 Stock Returns and the Term Structure
John Y. Campbell
- w1623 June 1985 Aggregate Output with Operating Rates and Inventories as Buffers BetweenVariable Final Demand and Quasi-Fixed Factors
John F. Helliwell and Alan Chung
- w1624 June 1985 The Sensitivity of Labor Demand Functions to Choice of Dependent Variable
George J. Borjas
- w1625 June 1985 Serial Correlation of Asset Returns and Optimal Portfolios for the Long and Short Term
Stanley Fischer and George Pennacchi
- w1630 June 1985 Pure Price Effects of Nonwage Compensation
Jeffrey S. Zax
- w1629 June 1985 Borrowing Restrictions and Wealth Constraints: Implications for Aggregate Consumption
Carl E. Walsh
- w1628 June 1985 Estimating Neonatal Mortality Rates from the Heights of Children: The Case of American Slaves
Richard H. Steckel
- w1632 June 1985 On the Limitations of Government Borrowing: A Framework for Empirical Testing
James D. Hamilton and Marjorie A. Flavin
- w1631 June 1985 State Personal Income and Sales Taxes: 1977-1983
Daniel R. Feenberg and Harvey S. Rosen
- w1634 June 1985 Small Countries in Monetary Unions: A Two-Tier Model
Jorge Braga de Macedo
- w1635 June 1985 Implicit Contracts: A Survey
Sherwin Rosen
- w1633 June 1985 Hospital Cost and Efficiency Under Per Service and Per Case Payment in Maryland: A Tale of the Carrot and the Stick
David S. Salkever, Donald M. Steinwachs, and Agnes Rupp
- w1639 June 1985 A Vintage Model of Supply Applied to French Manufacturing
Pentti J.K. Kouri, Jorge Braga de Macedo, and Albert J. Viscio
- w1638 June 1985 Hours Restrictions and Labor Supply
William T. Dickens and Shelly J. Lundberg
- w1637 June 1985 Macroeconomic Interdependence of Japan and the United States: Some Simulation Results
Naoko Ishii, Warwick J. McKibbin, and Jeffrey Sachs
- w1636 June 1985 The Dollar and the Policy Mix: 1985
Jeffrey Sachs
- w1648 June 1985 Unemployment, Disequilibrium, and the Short Run Phillips Curve: An Econometric Approach
Richard E. Quandt and Harvey S. Rosen
- w1649 June 1985 The Effect of Unionism on Productivity in Privately and Publicly Owned Hospitals and Nursing Homes
Steven G. Allen
- w1647 June 1985 Banking in General Equilibrium
Ben S. Bernanke and Mark L. Gertler
- w1646 June 1985 Pubic Debt and U.S. Saving: A New Test of the Neutrality Hypothesis
Michael J. Boskin and Laurence J. Kotlikoff
- w1645 June 1985 The Efficiency Gains from Social Security Benefit - Tax Linkage
Alan J. Auerbach and Laurence J. Kotlikoff
- w1644 June 1985 Is the Strong Dollar Sustainable?
Paul R. Krugman
- w1643 June 1985 Estimating the Continuous Time Consumption Based Asset Pricing Model
Sanford J. Grossman, Angelo Melino, and Robert J. Shiller
- w1642 June 1985 Employment, Hours, and Earnings in the Depression: An Analysis of EightManufacturing Industries
Ben S. Bernanke
- w1641 June 1985 Wages in the Federal and Private Sectors
Steven F. Venti
- w1640 June 1985 Are Imports to Blame?: Attribution of Injury Under the 1974 Trade Act
Robert S. Pindyck and Julio J. Rotemberg
- w1652 June 1985 Union Maids: Unions and the Female Workforce
Richard B. Freeman and Jonathan S. Leonard
- w1651 June 1985 Country Risk, Foreign Borrowing and the Social Discount Rate in an Open Developing Economy
Sebastian Edwards
- w1650 June 1985 Estimates of the Value of Patent Rights in European Countries During thePost-1950 Period
Mark Schankerman and Ariel Pakes
- w1655 June 1985 The Indexation of Interest, Depreciation, and Capital Gains: A Model ofInvestment Incentives
Don Fullerton
- w1654 June 1985 Time to Build, Option Value, and Investment Decisions
Saman Majd and Robert S. Pindyck
- w1653 June 1985 How do Public Sector Wages and Employment Respond to Economic Conditions
Richard B. Freeman
- t0049 June 1985 Alternative Nonnested Specification Tests of Time Series Investment Models
Ben S. Bernanke, Henning Bohn, and Peter C. Reiss
- w1656 June 1985 Who Escapes? The Relation of Church-Going & Other Background Factors to the Socio-Economic Performance of Blk. Male Yths. from Inner-City Pvrty Tracts
Richard B. Freeman
- w1614 May 1985 Valuation and Optimal Exercise of the Wild Card Option in the Treasury Bond Futures Market
Alex Kane and Alan J. Marcus
- w1618 May 1985 Money and Interest in a Cash-in-Advance Economy
Robert E. Lucas, Jr. and Nancy L. Stokey
- w1617 May 1985 The Implications of Mean-Variance Optimization for Four Questions in International Macroeconomics
Jeffrey A. Frankel
- t0047 May 1985 Technical Progress in U.S. Manufacturing Sectors, 1948-1973: An Application of Lie Groups
Ryuzo Sato and Thomas M. Mitchell
- w1616 May 1985 Do Wages Rise With Job Seniority?
Joseph G. Altonji and Robert A. Shakotko
- w1615 May 1985 The Impossibility of Rational Bubbles
Behzad T. Diba and Herschel I. Grossman
- w1620 May 1985 Education Achievement in Segregated School Systems: The Effects of "Separate-But-Equal"
Robert A. Margo
- w1619 May 1985 Credit Rationing and Effective Supply Failures
Alan S. Blinder
- w1622 May 1985 Pension Funding and Saving
B. Douglas Bernheim and John B. Shoven
- w1621 May 1985 A Model for Analyzing Youth Labor Market Policies
Alan L. Gustman and Thomas L. Steinmeier
- w1603 April 1985 Real Aspects of Exchange Rate Regime Choice with Collapsing Fixed Rates
Robert P. Flood and Robert J. Hodrick
- w1595 April 1985 High School Graduation, Performance and Earnings
Andrew Weiss
- w1596 April 1985 On Consequences and Criticisms of Monetary Targeting
Bennett T. McCallum
- w1597 April 1985 The Effect of Job Complexity on Job Satisfaction: Evidence From Turnover and Absenteeism
Andrew Weiss
- t0045 April 1985 Testing the Random Walk Hypothesis: Power versus Frequency of Observation
Robert J. Shiller and Pierre Perron
- w1598 April 1985 Capital Flows, Investment, and Exchange Rates
Alan C. Stockman and Lars E.O. Svensson
- w1599 April 1985 An Empirical Examination of Municipal Financial Policy
Roger H. Gordon and Joel Slemrod
- w1600 April 1985 Does the Tax System Favor Investment in High-Tech or Smoke-Stack Industries?
Don Fullerton and Andrew B. Lyon
- w1601 April 1985 Ruling Out Nonstationary Speculative Bubbles
Maurice Obstfeld and Kenneth Rogoff
- w1610 April 1985 Conventional Valuation and the Term Structure of Interest Rates
Robert J. Shiller
- w1611 April 1985 Aspects of Investor Behavior Under Risk
Benjamin M. Friedman and V. Vance Roley
- t0046 April 1985 Is There Chronic Excess Supply of Labor? Designing a Statistical Test
Richard E. Quandt and Harvey S. Rosen
- w1609 April 1985 Supply Shocks, Wage Indexation and Monetary Accommodation
Joshua Aizenman and Jacob A. Frenkel
- w1608 April 1985 Part-Time Work vs. Full-Time Work of Married Women in Japan
Tadashi Yamada and Tetsuji Yamada
- w1607 April 1985 Estimating the Effects of R&D on Bell System Productivity: A Model of Embodied Technical Change
Roger H. Gordon, Mark Schankerman, and Richard H. Spady
- w1606 April 1985 Some Historical Evidence 1870-1933 on the Impact and International Transmission of Financial Crises
Michael D. Bordo
- w1602 April 1985 How Does the Market Value Unfunded Pension Liabilities?
Jeremy I. Bulow, Randall Morck, and Lawrence H. Summers
- w1605 April 1985 Paying the Piper, Calling the Tune: Implications of Changes in Reimbursement
Victor R. Fuchs
- w1604 April 1985 Does a Flexible Industry Wage Structure Increase Employment?: The U.S. Experience
Linda A. Bell and Richard B. Freeman
- w1612 April 1985 Asset Pricing Model Specification and the Term Structure Evidence
Terry A. Marsh
- w1613 April 1985 On the Negative Correlation Between Performance and Experience and Education
Andrew Weiss and Henry Landau
- w1581 March 1985 A Variance Bounds Test of the Linear Quardractic Inventory Model
Kenneth D. West
- w1582 March 1985 Labor Relations, Wages and Nonwage Compensation in Municipal Employment
Jeffrey S. Zax
- w1579 March 1985 Firm-Level Policy Toward Older Workers
Olivia S. Mitchell and Rebecca A. Luzadis
- w1572 March 1985 Bank Deregulation, Accounting Systems of Exchange, and the Unit of Account: A Critical Review
Bennett T. McCallum
- w1575 March 1985 Real Interest Rate, Credit Markets, and Economic Stabilization
Paul Jenkins and Carl E. Walsh
- w1576 March 1985 Exchange Rate and Current Account Dynamics Under Rational Expectations: An Econometric Analysis
David H. Papell
- w1574 March 1985 Collective Pegging to a Single Currency: The West African Monetary Union
Jorge Braga de Macedo
- w1573 March 1985 Exchange Rate Flexibility and the Transmission of Business Cycles
Jorge Braga de Macedo and David M. Meerschwam
- w1577 March 1985 The Real Exchange Rate as a Tool of Commercial Policy
Michael Mussa
- w1578 March 1985 Collective Bargaining Laws and Threat Effects of Unionism in the Determination of Police Compenstation
Richard B. Freeman, Casey Ichniowski, and Harrison Lauer
- w1580 March 1985 Money Demand Predictability
V. Vance Roley
- w1584 March 1985 International Monetary Policy to Promote Economic Recovery
Willem H. Buiter
- w1586 March 1985 Macroeconomic Stabilization Through Taxation and Indexation: The use ofFirm-Specific Information
Richard C. Marston and Stephen J. Turnovsky
- w1585 March 1985 A Disaggregated, Structural Analysis of Retirement by Race, Difficulty of Work and Health
Alan L. Gustman and Thomas L. Steinmeier
- w1587 March 1985 Shifts in the Nineteenth-Century Phillips Curve Relationship
John A. James
- w1583 March 1985 On the Complementarity of Commercial Policy, Capital Controls and Inflation Tax
Joshua Aizenman
- t0044 March 1985 Asset Pricing Theories
Michael Rothschild
- w1593 March 1985 Optimal Time-Consistent Fiscal Policy with Uncertain Lifetimes
Guillermo A. Calvo and Maurice Obstfeld
- w1592 March 1985 The Effect of the Treasury Proposal on Charitable Giving: A Comparison of Constant and Variable Elasticity Models
Lawrence B. Lindsey
- w1591 March 1985 Purchasing Power Parity
Rudiger Dornbusch
- w1590 March 1985 Exchange Rate Management: Intertemporal Tradoffs
Elhanan Helpman and Assaf Razin
- w1588 March 1985 Game Modelling the Tokyo Round of Tariff Negotiations
Robert E. Baldwin and Richard N. Clarke
- w1589 March 1985 Monetary Information and Interest Rates
Carl E. Walsh
- w1594 March 1985 Parsimoneous Modeling of Yield Curves for U.S. Treasury Bills
Charles R. Nelson and Andrew F. Siegel
- r0576 March 1985 Unemployment and Potential Output in the 1980s
Robert J. Gordon
- w1555 February 1985 Why Construction Industry Productivity is Declining
Steven G. Allen
- w1553 February 1985 Valuing the Government's Tax Claim on Risky Corporate Assets
Saman Majd and Stewart C. Myers
- w1564 February 1985 Adjusting Output and Productivity Indexes for Changes in the Terms of Trade
W. Erwin Diewert and Catherine J. Morrison
- w1563 February 1985 Inventories, Stock-Outs, and Production Smoothing
Andrew B. Abel
- w1562 February 1985 Education, Welfare, and the "New" Federalism: State Budgeting in a Federalist Public Economy
Steven G. Craig and Robert P. Inman
- w1554 February 1985 Labor and Investment Demand at the Firm Level: A Comparison of French, German and U.S. Manufacturing, 1970-79
Jacques Mairesse and Brigitte Dormont
- w1556 February 1985 Monetary vs. Fiscal Policy Effects: A Review of the Debate
Bennett T. McCallum
- w1559 February 1985 The Usefulness of the Wind-Up Measure of Pension Liabilities: A LabourMarket Perspective
James E. Pesando
- w1557 February 1985 The Competitive Position of U.S. Manufacturing Firms
Robert E. Lipsey and Irving B. Kravis
- w1558 February 1985 Unemployment-Rate Dynamics and Persistent Unemployment Under Rational Expectations
Michael R. Darby, John C. Haltiwanger, and Mark W. Plant
- w1560 February 1985 Monitoring Costs and Occupational Segregation by Sex: An Historical Analysis
Claudia Goldin
- w1561 February 1985 Productivity Measurement with Nonstatic Expectations and Varying Capacity Utilization: An Integrated Approach
Catherine J. Morrison
- t0043 February 1985 Error Components in Grouped Data: Why It's Never Worth Weighting
William T. Dickens
- w1565 February 1985 Crowding Out or Crowding In? Evidence on Debt-Equity Substitutability
Benjamin M. Friedman
- w1566 February 1985 Economics of Information and the Theory of Economic Development
Joseph E. Stiglitz
- w1567 February 1985 Macroeconomics, Income Distribution, and Poverty
Rebecca M. Blank and Alan S. Blinder
- w1568 February 1985 Notes on the Effect of Capital Gains Taxation on Non-Austrian Assets
Daniel J. Kovenock and Michael Rothschild
- w1570 February 1985 Commodity Export Prices and the Real Exchange Rate in Developing Countries: Coffee in Colombia
Sebastian Edwards
- w1569 February 1985 Market, Government, and Israel's Muted Baby Boom
Yoram Ben-Porath
- w1571 February 1985 Macroeconomic Policy Under Currency Inconvertibility
Jorge Braga de Macedo
- w1531 1985 Interest Rate Determination in Developing Countries: A Conceptual Framework
Sebastian Edwards and Mohsin S. Khan
- w1538 1985 Workers' Compensation, Wages, and the Risk of Injury
Ronald G. Ehrenberg
- w1537 1985 Protection and the Product Line: Monopoly and Product Quality
Kala Krishna
- w1536 1985 On the Economic Interpretation and Measurement of Optimal Capacity Utilization with Anticipatory Expectations
Catherine J. Morrison
- w1535 1985 Tariffs vs. Quotas with Endogenous Quality
Kala Krishna
- w1534 1985 Macroeconomic Policies in the OECD and LDC External Adjustmemt
Jeffrey Sachs and Warwick J. McKibbin
- w1532 1985 On the Interest Rate Elasticity of the Demand for International Reserves: Some Evidence from Developing Coutries
Sebastian Edwards
- w1533 1985 Tax Aversion, Deficits and the Tax Rate-Tax Revenue Relationship
Roger N. Waud
- w1543 1985 Short-Term Movements of Long-Term Real Interest Rates: Evidence from the U.K. Indexed Bond Market
James A. Wilcox
- w1542 1985 Efficient Inflation Forecasts: An International Comparison
Alex Kane and Leonard Rosenthal
- w1541 1985 The U.S. Capital Stock in the Nineteenth Century
Robert E. Gallman
- w1540 1985 Determinants of Slave and Crew Mortality in the Atlantic Slave Trade
Richard H. Steckel and Richard A. Jensen
- w1539 1985 Academic Ability, Earnings, and the Decision to Become a Teacher: Evidence From the National Longitudinal Study of the High School Class of 1972
Charles F. Manski
- w1545 1985 Portfolio Choice and the Debt-to-Income Relationship
Benjamin M. Friedman
- w1546 1985 Trade Restrictions as Facilitating Practices
Kala Krishna
- w1544 1985 Taxable and Tax-Exempt Interest Rates: The Role of Personal and Corporate Tax Rates
Joe Peek and James A. Wilcox
- w1552 1985 Monopolistic Competition and Deviations from PPP
Joshua Aizenman
- w1551 1985 The Welfare Effects of a Capital Income Tax in an Open Economy
David G. Hartman
- w1548 1985 Pricing Adjustable Rate Mortgages
Patric H. Hendershott
- w1547 1985 Productivity, R&d, and Basic Research at the Firm Level in the 1970s
Zvi Griliches
- w1550 1985 On the Optimal Taxation of Capital Income in the Open Economy
David G. Hartman
- w1549 1985 Dynamic Behavior of Capital Accumulation in a Cash-in-Advance Model
Andrew B. Abel
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