Papers Issued in 1992
- w4224 December 1992 The Gender Earnings Gap: Some International Evidence
Francine D. Blau and Lawrence M. Kahn
- w4223 December 1992 Fiscal Policy and Economic Growth
Eric M. Engen and Jonathan Skinner
- w4222 December 1992 Wages, Profits and Rent-Sharing
David G. Blanchflower, Andrew J. Oswald, and Peter Sanfey
- w4221 December 1992 Expenditures on Health Care for Children and Pregnant Women
Eugene M. Lewit and Alan C. Monheit
- w4237 December 1992 License Price Paths: I. Theory II. Evidence from Hong Kong
Kala Krishna and Ling Hui Tan
- w4236 December 1992 The Recent Failure of U.S. Monetary Policy
Martin Feldstein
- t0132 December 1992 Filtering and Forecasting with Misspecified Arch Models II: Making the Right Forecast with the Wrong Model
Daniel B. Nelson and Dean P. Foster
- w4225 December 1992 The State of the North American and Japanese Motor Vehicle Industries: A Partially Calibrated Model to Examine the Impacts of Trade Policy Changes
Melvyn Fuss, Steven Murphy, and Leonard Waverman
- w4226 December 1992 Trade and Technical Progress
John F. Helliwell
- w4228 December 1992 Entrepreneurship, Happiness and Supernormal Returns: Evidence from Britain and the US
David Blanchflower and Andrew Oswald
- w4227 December 1992 Tax Distortions to the Choice of Organizational Form
Roger H. Gordon and Jeffrey K. MacKie-Mason
- w4229 December 1992 Income Inequality and the Incomes of Very High Income Taxpayers: Evidence from Tax Returns
Daniel Feenberg and James Poterba
- w4230 December 1992 International Migration and International Trade
Assaf Razin and Efraim Sadka
- w4231 December 1992 Real Exchange Rates and Relative Prices: An Empirical Investigation
Charles Engel
- w4232 December 1992 Currency Substitution
Alberto Giovannini and Bart Turtelboom
- w4234 December 1992 The Effect of News on Bond Prices: Evidence from the United Kingdom 1900-1920
Douglas Elmendorf, Mary Hirshfeld, and David Weil
- w4233 December 1992 Specification of Policy Rules and Performance Measures in Multicountry Simulation Studies
Bennett McCallum
- w4235 December 1992 Capital Budgets, Borrowing Rules, and State Capital Spending
James Poterba
- w4248 December 1992 Stoking the Fires? Co2 Emissions and Economic Growth
Douglas Holtz-Eakin and Thomas M. Selden
- w4246 December 1992 Exchange Rates as Nominal Anchors
Sebastian Edwards
- w4245 December 1992 International Growth Linkages: Evidence from Asia and the OECD
John F. Helliwell
- w4244 December 1992 A Tax-Based Test of the Dividend Signaling Hypothesis
B. Douglas Bernheim and Adam Wantz
- w4242 December 1992 Dynamics of the Trade Balance and the Terms of Trade: The S-Curve
David Backus, Patrick J. Kehoe, and Finn E. Kydland
- w4243 December 1992 Relative Price Movements in Dynamic General Equilibrium Models of International Trade
David K. Backus, Patrick J. Kehoe, and Finn E. Kydland
- w4241 December 1992 Aggregate Fluctuations from Independent Sectoral Shocks: Self-Organized Criticality in a Model of Production and Inventory Dynamics
Peter Bak, Kan Chen, Jose Scheinkman, and Michael Woodford
- w4239 December 1992 State Mandated Benefits and Employer Provided Health Insurance
Jonathan Gruber
- w4238 December 1992 Trade Policy and the Third World Metropolis
Raul Livas Elizondo and Paul Krugman
- t0130 December 1992 Efficient Tests for an Autoregressive Unit Root
Graham Elliott, Thomas J. Rothenberg, and James H. Stock
- w4247 December 1992 Corporate Control, Portfolio Choice, and the Decline of Banking
Gary Gorton and Richard Rosen
- w4240 December 1992 R&D Tax Policy During the Eighties: Success or Failure?
Bronwyn Hall
- r1765 December 1992 Monetary Problems of Post-Communism: Lessons from the End of the Austro-Hungarian Empire
Rudiger Dornbusch
- w4206 November 1992 Capital Mobility in Neoclassical Models of Growth
Robert J. Barro, N. Gregory Mankiw, and Xavier Sala-i-Martin
- h0043 November 1992 What Drove the Mass Migrations from Europe in the Late Nineteenth Century?
Timothy J. Hatton and Jeffrey G. Williamson
- w4209 November 1992 What Directions for Labor Market Institutions in Eastern and Central Europe?
Richard B. Freeman
- w4208 November 1992 Business Cycle Volatility and Openness: An Exploratory Cross-Section Analysis
Assaf Razin and Andrew Rose
- w4205 November 1992 Privatization, Risk-Taking, and the Communist Firm
Dominique Demougin and Hans-Werner Sinn
- w4218 November 1992 Home Bias and the High Turnover
Linda L. Tesar and Ingrid M. Werner
- t0128 November 1992 A Utility Based Comparison of Some Models of Exchange Rate Volatility
Kenneth D. West, Hali J. Edison, and Dongchul Cho
- w4214 November 1992 Convergence in Growth Rates: The Role of Capital Mobility and International Taxation
Assaf Razin and Chi-Wa Yuen
- w4215 November 1992 Private Saving and Public Policy
B. Douglas Bernheim and John Karl Scholz
- w4216 November 1992 Union Membership in the United States: The Decline Continues
Henry S. Farber and Alan B. Krueger
- w4217 November 1992 Foreign Equity Investment Restrictions and Shareholder Wealth Maximization
Rene M. Stulz and Walter Wasserfallen
- w4212 November 1992 Alcohol, Marijuana, and American Youth: The Unintended Effects of Government Regulation
John DiNardo and Thomas Lemieux
- w4213 November 1992 Are Rising Wage Profiles a Forced-Saving Mechanism?
David Neumark
- w4210 November 1992 Can the Markov Switching Model Forecast Exchange Rates?
Charles Engel
- w4211 November 1992 Credit Conditions and the Cyclical Behavior of Inventories: A Case Studyof the 1981-82 Recession
Anil K. Kashyap, Owen A. Lamont, and Jeremy C. Stein
- w4207 November 1992 Why Exchange Rate Bands? Monetary Independence in Spite of Fixed Exchange Rates
Lars E.O. Svensson
- w4219 November 1992 A Dynamic Spatial Model
Paul Krugman
- w4220 November 1992 Permanent International Productivity Growth Differentials in an Integrated Global Economy
Willem H. Buiter and Kenneth M. Kletzer
- w4179 October 1992 Complementarity and Increasing Returns in Intermediate Inputs: A Theoretical and Applied General-Equilibrium Analysis
Florencio Lopez-de-Silane, James R. Markusen, and Thomas F. Rutherford
- w4181 October 1992 401(k) Plans and Tax-Deferred Saving
James M. Poterba, Steven F. Venti, and David A. Wise
- w4182 October 1992 The Increasing Annuitization of the Elderly- Estimates and Implications for Intergenerational Tranfers, Inequality, and National Saving
Alan J. Auerbach, Laurence J. Kotlikoff, and David N. Weil
- w4178 October 1992 Industrial Development in Cities
J. Vernon Henderson, Ari Kuncoro, and Matthew Turner
- w4180 October 1992 Projecting the Number of New AIDS Cases in the U.S.
David E. Bloom and Sherry Glied
- w4193 October 1992 Trading Volume and Serial Correlation in Stock Returns
John Y. Campbell, Sanford J. Grossman, and Jiang Wang
- w4192 October 1992 The Real Exchange Rate and Foreign Direct Investment in the United States: Relative Wealth vs. Relative Wage Effects
Michael W. Klein and Eric Rosengren
- w4177 October 1992 Incidence and Allocation Effects of a State Fiscal Policy Shift: The Florio Initiatives in New Jersey
William T. Bogart, David F. Bradford, and Michael G. Williams
- w4203 October 1992 Accuracy in the Determination of Liability
Louis Kaplow and Steven Shavell
- w4204 October 1992 Turnover and the Dynamics of Labor Demand
Daniel S. Hamermesh and Gerard Pfann
- w4202 October 1992 Measuring the Cyclicality of Real Wages: How Important is Composition Bias
Gary Solon, Robert Barsky, and Jonathan A. Parker
- w4201 October 1992 Pension Plan Provisions and Retirement: Men & Women, Medicare, and Models
Robin L. Lumsdaine, James H. Stock, and David A. Wise
- w4200 October 1992 International Wage Curves
David G. Blanchflower and Andrew J. Oswald
- w4198 October 1992 Hubs and Spokes, and Free Trade in the Americas
Carsten Kowalczyk and Ronald J. Wonnacott
- w4199 October 1992 Participation in and Contributions to 401(k) Pension Plans: Evidence om Plan Data
Leslie E. Papke
- w4183 October 1992 Exchange Rates, Country Preferences, and Gold
Michael Dooley, Peter Isard, and Mark Taylor
- w4197 October 1992 Policy Lessons from the U.S. Unemployment Experiments
Bruce D. Meyer
- w4190 October 1992 The Effect of Price Shopping in Medical Markets: Hospital Responses to PPOs in California
Jonathan Gruber
- w4195 October 1992 The Effect of Unions on the Distribution of Wages: Redistribution or Relabelling?
David Card
- w4184 October 1992 Hyperinflation with Currency Substitution: Introducing an Indexed Currency
Federico Sturzenegger
- w4194 October 1992 Market Conditions and Retirement of Physical Capital: Evidence fron Oil Tankers
Iain Cockburn and Murray Frank
- w4191 October 1992 Credit and Deferral as International Investment Incentives
James R. Hines Jr.
- w4196 October 1992 Patterns and Determinants of Metropolitan House Prices, 1977-91
Patric H. Hendershott and Jesse M. Abraham
- w4188 October 1992 Inspecting the Mechanism: An Analytical Approach to the Stochastic Growth Model
John Y. Campbell
- w4189 October 1992 Optimal Distribution and Taxation of the Family
Louis Kaplow
- w4187 October 1992 The Effect of Illicit Drug Use on the Labor Supply of Young Adults
Robert Kaestner
- w4186 October 1992 Transfers
Xavier Sala-i-Martin
- w4185 October 1992 The Role of Information in U.S. Offshore Oil and Gas Lease Auctions
Robert H. Porter
- h0042 October 1992 'Schemes of Practical Utility': Entrepreneurship and Innovation Among 'Great Inventors' in the United States, 1790-1865
B. Zorina Khan and Kenneth L. Sokoloff
- r1756 October 1992 Tax Neutrality Under Parallel Tax Systems
Andrew B. Lyon
- r1752 October 1992 Government Policy and Personal Retirement Savings
Steven F. Venti and David A. Wise
- w4159 September 1992 Taxes and the Form of Ownership of Foreign Corporate Equity
Roger H. Gordon and Joosung Jun
- w4157 September 1992 The Efficiency of a Group-Specific Mandated Benefit: Evidence From Health Insurance Benefits for Maternity
Jonathan Gruber
- w4156 September 1992 Testing Long Run Neutrality
Robert King and Mark W. Watson
- w4155 September 1992 An Economic Analysis of Life Care
Jonathan S. Feinstein and Edward G. Keating
- w4160 September 1992 Uncertainty, Investment, and Industry Evolution
Ricardo J. Caballero and Robert S. Pindyck
- h0041 September 1992 International Migration and World Development: A Historical Perspective
Timothy J. Hatton and Jeffrey G. Williamson
- h0040 September 1992 The Labor Force in the Nineteenth Century
Robert A. Margo
- w4166 September 1992 Greenback Resumption and Silver Risk: The Economics and Politics of Monetary Regime Change in the United States, 1862-1900
Charles W. Calomiris
- w4158 September 1992 Income Distribution, Communities and the Quality of Public Education: A Policy Analysis
Raquel Fernandez and Richard Rogerson
- w4164 September 1992 Economic Foundations of Cost Effective Analysis
Alan M. Garber and Charles E. Phelps
- w4162 September 1992 Microeconomic Rigidities and Aggregate Price Dynamics
Ricardo J. Caballero and Eduardo M.R.A. Engel
- w4165 September 1992 The Accuracy of Reports of Foreign Exchange Intervention
Michael W. Klein
- w4161 September 1992 R&D Investment and International Productivity Differences
Frank R. Lichtenberg
- w4163 September 1992 Conspicuous Consumption, Pure Profits, and the Luxury Tax
Laurie Simon Bagwell and B. Douglas Bernheim
- w4170 September 1992 Is Price Adjustment Asymmetric?: Evaluating the Market Share and Marketing Bottlenecks Hypothesis
Michael M. Knetter
- w4168 September 1992 Relative-Price Changes as Aggregate Supply Shocks
Laurence Ball and N. Gregory Mankiw
- w4169 September 1992 Macroeconomic Adjustment Under Bretton Woods and the Post-Bretton Woods Float: An Impulse-Response Analysis
Tamim Bayoumi and Barry Eichengreen
- w4167 September 1992 Determinants of Shrt-Term Real Interest Differentials Between Japan and the United States
Richard C. Marston
- w4171 September 1992 Firms' Responses to Anticipated Reductions in Tax Rates: The Tax Reform Act of 1986
Myron S. Scholes, G. Peter Wilson, and Mark A. Wolfson
- w4172 September 1992 Endogenous Creditor Seniority and External Debt Values
Michael Dooley and Mark R. Stone
- w4173 September 1992 Political Instability and Economic Growth
Alberto Alesina, Sule Ozler, Nouriel Roubini, and Phillip Swagel
- w4174 September 1992 Employment and Unemployment in the 1930s
Robert A. Margo
- w4175 September 1992 Investments of Uncertain Cost
Robert S. Pindyck
- w4176 September 1992 Optimal Cleanup and Liability After Environmentally Harmful Discharges
A. Mitchell Polinsky and Steven Shavell
- r1749 September 1992 Some Theoretical Aspects of the Privatization: Applications to Eastern Europe
Joseph E. Stiglitz
- w4130 August 1992 Inter-Industry Mobility and the Cyclical Upgrading of Labor
Mark Bils and Kenneth J. McLaughlin
- t0126 August 1992 Seasonal Unit Roots in Aggregate U.S. Data
J. Joseph Beaulieu and Jeffrey A. Miron
- w4145 August 1992 Discouraging Rivals: Managerial Rent-Seeking and Economic Inefficiencies
Joseph E. Stiglitz and Aaron S. Edlin
- w4129 August 1992 Liquidity Effects, Monetary Policy, and the Business Cycle
Martin Eichenbaum and Lawrence J. Christiano
- w4133 August 1992 The Effects of Labor Market Experience, Job Seniority, and Job Mobility on Wage Growth
Joseph G. Altonji and Nicolas Williams
- w4131 August 1992 Host Country Competition and Technology Transfer by Multinationals
Magnus Blomstrom, Ari Kokko, and Mario Zejan
- h0039 August 1992 Tall But Poor: Nutrition, Health, and Living Standards in Pre-Famine Ireland
S. Nicolas and Richard H. Steckel
- w4132 August 1992 What Explains Developing Country Growth?
Magnus Blomstrom, Robert E. Lipsey, and Mario Zejan
- w4136 August 1992 Arbitration in International Trade
Alessandra Casella
- w4135 August 1992 Does Executive Compensation Affect Investment?
Kevin J. Murphy and Robert Gibbons
- w4134 August 1992 Do Expected Shifts in Inflation Policy Affect Real Rates?
Karen K. Lewis and Martin D. Evans
- w4137 August 1992 Wealth Mobility in America: A View from the National Longitudinal Survey
Richard H. Steckel and Jayanthi Krishnan
- w4149 August 1992 Protection For Sale
Gene M. Grossman and Elhanan Helpman
- w4148 August 1992 General Purpose Technologies "Engines of Growth?"
Timothy F. Bresnahan and Manuel Trajtenberg
- w4147 August 1992 The Risk and Duration of Catastrophic Health Care Expenditures
Daniel Feenberg and Jonathan Skinner
- w4146 August 1992 Ivory Tower Versus Corporate Lab: An Empirical Study of Basic Research and Appropriability
Manuel Trajtenberg, Rebecca Henderson, and Adam Jaffe
- w4143 August 1992 Estimates of the Economic Return to Schooling from a New Sample of Twins
Alan Krueger and Orley Ashenfelter
- w4144 August 1992 Solow and the States: Capital Accumulation, Productivity and Economic Growth
Douglas Holtz-Eakin
- w4141 August 1992 Three Perspectives on the Bretton Woods System
Barry Eichengreen
- w4142 August 1992 The Effects of High School Curriculum on Education and Labor Market Outcomes
Joseph G. Altonji
- w4140 August 1992 Global Versus Country-Specific Productivity Shocks and the Current Account
Reuven Glick and Kenneth Rogoff
- w4153 August 1992 Black-Markets for Currency, Hoarding Activity and Currency Reform
Linda S. Goldberg and Il'dar Karimov
- w4139 August 1992 Determinants of Interest Rates on Tax-Exempt Hospital Bonds
Fred Goldman, Michael Grossman, Susan W. Nesbitt, and Pamela Mobilia
- w4138 August 1992 Do Gasoline Prices Respond Asymmetrically to Crude Oil Price Changes?
Severin Borenstein and A. Colin Cameron
- w4154 August 1992 A Comparative Analysis of East and West German Labor Markets: Before and After Unification
Alan B. Krueger and Jorn-Steffen Pischke
- w4152 August 1992 The Automobile Industry and The Mexico-Us Free Trade Agreement
Steven Berry, Vittorio Grilli, and F. Lopez-de-Silanes
- w4151 August 1992 Exchange Rates and Corporate Pricing Strategies
Michael M. Knetter
- w4150 August 1992 Remeasuring Business Cycles
Christina D. Romer
- t0081 August 1992 The Influence Of Probability on Risky Choice: A parametric Examination
Pamela K. Lattimore, Joanna R. Baker, and A. Dryden Witte
- r1740 August 1992 Economic Transition in Eastern Germany
Rudiger Dornbusch and Holger Wolf
- r1741 August 1992 Hunting for Homo Sovieticus: Situational versus Attitudinal Factors in Economic Behavior
Robert J. Shiller, Maxim Boycko, and Vladimir Korobov
- w4113 July 1992 A Reconsideration of the Uncovered Interest Parity Relationship
Bennett T. McCallum
- w4124 July 1992 Foreign Direct Investment in the U.S.: Changes Over Three Decades
Robert E. Lipsey
- w4123 July 1992 Markup Adjustment and Exchange Rate Fluctuations: Evidence From Panel Data on Automobile Exports
Joseph E. Gagnon and Michael M. Knetter
- w4122 July 1992 Public-Sector Capital and the Productivity Puzzle
Douglas Holtz-Eakin
- t0124 July 1992 Testing Volatility Restrictions on Intertemporal Marginal Rates of Substitution Implied by Euler Equations and Asset Returns
Stephen G. Cecchetti, Pok-sang Lam, and Nelson C. Mark
- w4121 July 1992 Rational Asset Price Movements Without News
David Romer
- w4120 July 1992 Race and Gender Pay Differentials
Francine D. Blau and Lawrence M. Kahn
- w4128 July 1992 Office Market Values During the Past Decade: How Distorted Have Appraisals Been?
Patric Hendershott and Edward J. Kane
- t0125 July 1992 The "Window Problem" in Studies of Children's Attainments: A Methodological Exploration
Barbara Wolfe, Robert Haveman, Donna Genther, and Chong-Bum An
- w4127 July 1992 International Transmission Under Bretton Woods
Alan C. Stockman
- w4126 July 1992 The Savings of Ordinary Americans: The Philidelphia Saving Fund Society in the Mid-Nineteenth Century
George Alter, Claudia Goldin, and Elyce Rotella
- w4125 July 1992 Robin-Hooding Rents: Exploiting the Pecuniary Effects of In-Kind Programs
Richard Zeckhauser, Steve Coate, and Stephen Johnson
- w4115 July 1992 The Housing Wealth of the Aged
Louise Sheiner and David N. Weil
- w4114 July 1992 Accounting for Growth With New Inputs
Robert C. Feenstra and James R. Markusen
- w4116 July 1992 Trends in Expected Returns in Currency and Bond Markets
Martin D. Evans and Karen K. Lewis
- w4118 July 1992 The Carnegie Conjecture: Some Empirical Evidence
Douglas Holtz-Eakin, David Joulfaian, and Harvey S. Rosen
- w4119 July 1992 Traded Goods Consumption Smoothing and the Random Walk Behavior of the Real Exchange Rate
Kenneth Rogoff
- r1737 July 1992 Causes and Consequences of the 1980s Commercial Construction Boom
Patric H. Hendershott and Edward J. Kane
- w4117 July 1992 Towards a Reformulation of Monetary Theory: Competitive Banking
Joseph E. Stiglitz and Bruce Greenwald
- w4086 June 1992 The International Transmission of Tax Policies in a Dynamic World Economy
Stephen J. Turnovsky and Marcelo Bianconi
- w4085 June 1992 Cross-Country Patterns of Change in Relative Wages
Steven J. Davis
- w4093 June 1992 Risk-Taking, Global Diversification, and Growth
Maurice Obstfeld
- w4094 June 1992 International Adjustment with Habit-Forming Consumption: A Diagrammatic Exposition
Maurice Obstfeld
- w4092 June 1992 Ownership Structure and Corporate Performance in Japan
Frank R. Lichtenberg and George M. Pushner
- w4091 June 1992 Price Rigidities, Asymmetries, and Output Fluctuations
Ricardo J. Caballero and Eduardo M.R.A. Engel
- w4090 June 1992 Microeconomic Adjustment Hazards and Aggregate Dynamics
Ricardo J. Caballero and Eduardo M.R.A. Engel
- w4088 June 1992 Asset Pricing Explorations for Macroeconomics
John H. Cochrane and Lars Peter Hansen
- w4089 June 1992 Asymmetric Price Adjustment and Economic Fluctuations
Laurence Ball and N. Gregory Mankiw
- w4087 June 1992 Labor Market Segmentation Theory: Reconsidering the Evidence
William T. Dickens and Kevin Lang
- w4095 June 1992 Sequencing and Welfare: Labor Markets and Agriculture
Sebastian Edwards
- t0121 June 1992 Deciding Between I(1) and I(0)
James H. Stock
- h0037 June 1992 Were Heckscher and Ohlin Right? Putting the Factor-Price-Equalization Theorem Back into History
Kevin O'Rourke and Jeffrey G. Williamson
- w4101 June 1992 Hostile Takeovers and Expropriation of Extramarginal Wages: A Test
David Neumark and Steven A. Sharpe
- w4100 June 1992 Autos and the National Industrial Recovery Act: Evidence on Industry Complementarities
Russell Cooper and John Haltiwanger
- w4099 June 1992 The Meaning of College in the Lives of American Women: The Past One-Hundred Years
Claudia Goldin
- w4097 June 1992 The Economics of Bankruptcy Reform
Philippe Aghion, Oliver Hart, and John Moore
- w4098 June 1992 International Comparisons of Pricing-to-Market Behavior
Michael M. Knetter
- w4096 June 1992 Investment and Research and Development at the Firm Level: Does the Source of Financing Matter?
Bronwyn H. Hall
- w4103 June 1992 Inflation and Social Welfare in a Model With Endogenous Financial Adaptation
Federico Sturzenegger
- w4104 June 1992 Time Nonseparability in Aggregate Consumption: International Evidence
Phillip A. Braun, George M. Constantinides, and Wayne E. Ferson
- w4102 June 1992 Foreign Direct Investment as a Commitment Mechanism in the Presence of Managed Trade
Joshua Aizenman
- t0122 June 1992 Inference in Time Series Regression When the Order of Integration of a Regressor is Unknown
Graham Elliott and James H. Stock
- w4110 June 1992 Exact Solutions for Expected Rates of Return Under Markov Regime Switching: Implications for the Equity Premium Puzzle
Andrew B. Abel
- w4109 June 1992 Race and School Quality Since Brown vs. Board of Education
Michael A. Boozer, Alan B. Krueger, and Shari Wolkon
- w4108 June 1992 Financial Market Efficiency Tests
Tim Bollerslev and Robert J. Hodrick
- w4107 June 1992 Forecasting Nursing Home Utilization of Elderly Americans
Andrew Dick, Alan M. Garber, and Thomas MaCurdy
- w4106 June 1992 Male Jobs, Female Jobs, and Gender Gaps in Benefits Coverage
Janet Currie and Richard Chaykowski
- h0038 June 1992 Early Indicators of Later Work Levels, Disease, and Death
Robert W. Fogel and Larry T. Wimmer
- w4105 June 1992 Output Fluctuations at the Plant Level
Timothy F. Bresnahan and Valerie A. Ramey
- w4111 June 1992 Empirical Evidence for Collusion in the U.S. Auto Market?
Val Eugene Lambson and J. David Richardson
- w4112 June 1992 Making Sense of the Soviet Trade Shock in Eastern Europe: A Framework and Some Estimates
Dani Rodrik
- r1726 June 1992 Reappraisal of the Phillips Curve and Direct Effects of Money Supply on Inflation
Albert Ando, Flint Brayton, and Arthur Kennickell
- w4063 May 1992 Taxation and the Structure of Labor Markets: The Case of Corporatism
Lawrence H. Summers, Jonathan Gruber, and Rodrigo Vergara
- w4062 May 1992 A Growth Model of Inflation, Tax Evasion, and Financial Repression
Nouriel Roubini and Xavier Sala-i-Martin
- w4061 May 1992 Do the Costs of a Carbon Tax Vanish When Interactions With Other Taxes are Accounted For?
Lawrence H. Goulder
- w4067 May 1992 Estimating the Payoff to Schooling Using the Vietnam-Era Draft Lottery
Joshua D. Angrist and Alan B. Krueger
- w4066 May 1992 Empirical Linkages Between Democracy and Economic Growth
John F. Helliwell
- w4065 May 1992 Top Executive Rewards and Firm Performance: A Comparison of Japan and the U.S.
Steven N. Kaplan
- w4064 May 1992 Foreign Trade in Eastern Europe's Transition: Early Results
Dani Rodrik
- w4071 May 1992 GATT, Dispute Settlement and Cooperation
Dan Kovenock and Marie Thursby
- w4070 May 1992 Do Doctoral Students' Financial Support Patterns Affect Their Times-to-Degree and Completion Probabilities
Ronald G. Ehrenberg and Panagiotis G. Mavros
- w4069 May 1992 Strategic Trade Policy With Incompletely Informed Policymakers
S. Lael Brainard and David Martimort
- w4068 May 1992 The Expected Timing of EMS Realignments: 1979-83
Susan M. Collins
- w4075 May 1992 Bargaining Power, Strike Duration, and Wage Outcomes: An Analysis of Strikes in the 1880s
David Card and Craig A. Olson
- w4073 May 1992 Labor Market Segmentation, Wage Dispersion and Unemployment
Kevin Lang and William T. Dickens
- w4074 May 1992 Global Financial Markets and the Risk Premium on U.S. Equity
K.C. Chan, G. Andrew Karolyi, and Rene M. Stulz
- w4072 May 1992 The Production and Cost Structure of Israeli Industry: Evidence From Individual Firm Data
Arie Bregman, Melvyn Fuss, and Haim Regev
- w4079 May 1992 Optimal Sanctions When Individuals are Imperfectly Informed About the Probability of Apprehension
Lucian Arye Bebchuk and Louis Kaplow
- w4077 May 1992 Russia and the Soviet Union Then and Now
Stanley Fischer
- w4076 May 1992 Government Solvency, Ponzi Finance and the Redundancy and Usefulness of Public Debt
Willem H. Buiter and Kenneth M. Kletzer
- w4084 May 1992 Risk Management: Coordinating Corporate Investment and Financing Policies
Kenneth A. Froot, David S. Scharfstein, and Jeremy C. Stein
- w4083 May 1992 The Present Value Model of Rational Commodity Pricing
Robert S. Pindyck
- w4081 May 1992 Innovation, Imitation, and Intellectual Property Rights
Elhanan Helpman
- w4082 May 1992 Central Bank Behavior and the Strategy of Monetary Policy: Observations From Six Industrialized Countries
Ben Bernanke and Frederic Mishkin
- w4080 May 1992 Economic Exchange and Support Within U.S. Families
Laurence J. Kotlikoff
- w4078 May 1992 Optimal Sanctions When the Probability of Apprehension Varies Among Individuals
Lucian Arye Bebchuk and Louis Kaplow
- w4042 April 1992 "New" Trade Theory and Policy a Decade Old: Assessment in a Pacific Context
J. David Richardson
- w4046 April 1992 Union Threat Effects and Nonunion Industry Wage Differentials
David Neumark and Michael L. Wachter
- w4045 April 1992 On the Growth Effects of Import Competition
Richard E. Baldwin
- w4043 April 1992 Empirical Testing of Asset Pricing Models
Bruce N. Lehmann
- w4044 April 1992 A Test of Negotiation and Incentive Compensation Models Using Longitudinal French Enterprise Data
John M. Abowd and Francis Kramarz
- w4050 April 1992 Is Japan Creating a Yen Bloc in East Asia and the Pacific?
Jeffrey A. Frankel
- w4049 April 1992 Sources of Output Fluctuations During the Interwar Period: Further Evidence on the Causes of the Great Depression
Stephen G. Cecchetti and Georgios Karras
- w4048 April 1992 Adoption of Technologies With Network Effects: An Empirical Examination of the Adoption of Automated Teller Machines
Garth Saloner and Andrea Shepard
- w4047 April 1992 Devaluation Controversies in the Developing Countries: Lessons From the Bretton Woods Era
Sebastian Edwards and Julio A. Santaella
- w4054 April 1992 "Excess Volatility" and the German Stock Market, 1876-1990
J. Bradford De Long and Marco Becht
- w4053 April 1992 Interest Differentials Under Fixed and Flexible Exchange Rates: The Effects of Capital Controls and Exchange Risk
Richard C. Marston
- w4052 April 1992 Does the Human-Capital/Educational-Sorting Debate Matter for Development Policy?
Kevin Lang
- w4051 April 1992 Noncooperative Equilibria in Regional Environmental Policies When Plant Locations are Endogenous
James R. Markusen, Edward R. Morey, and Nancy Olewiler
- w4056 April 1992 A Theory of Persistent Income Inequality
Steven N. Durlauf
- w4059 April 1992 Productivity and Firm Turnover in Israeli Industry: 1979-1988
Zvi Griliches and Haim Regev
- w4060 April 1992 R&D, Investment and Industry Dynamics
Saul Lach and Rafael Rob
- w4058 April 1992 Using Regional Variation in Wages to Measure the Effects of the Federal Minimum Wage
David Card
- w4055 April 1992 Spatial and Temporal Aggregation in the Dynamics of Labor Demand
Daniel S. Hamermesh
- w4057 April 1992 Attitudes Towards Inflation and the Viability of Fixed Exchange Rates: Evidence From the EMS
Susan M. Collins and Francesco Giavazzi
- t0090 April 1992 Spectral Based Testing of the Martingale Hypothesis
Steven N. Durlauf
- w4008 March 1992 Do Taxes Matter? Lessons From the 1980s
Joel Slemrod
- w4006 March 1992 Inflation and Poverty
Eliana Cardoso
- w4007 March 1992 Debt Reduction, Adjustment Lending, and Burden Sharing
Ishac Diwan and Dani Rodrik
- w4005 March 1992 Business Cycle Durations and Postwar Stabilization of the U.S. Economy
Mark W. Watson
- w4015 March 1992 Monetary Policy and Credit Conditions: Evidence From the Composition of External Finance
Anil K. Kashyap, Jeremy C. Stein, and David W. Wilcox
- w4014 March 1992 A Procedure for Predicting Recessions With Leading Indicators: Econometric Issues and Recent Experience
James H. Stock and Mark W. Watson
- w4009 March 1992 Auditing the Producer Price Index: Micro Evidence From Prescription Pharmaceutical Preparations
Ernst R. Berndt, Zvi Griliches, and Joshua G. Rosett
- w4010 March 1992 High-Tech Capital Formation and Labor Composition in U.S. Manufacturing Industries: An Exploratory Analysis
Ernst R. Berndt, Catherine J. Morrison, and Larry S. Rosenblum
- w4013 March 1992 Detection of Bid Rigging in Procurement Auctions
Robert H. Porter and J. Douglas Zona
- w4012 March 1992 Suit Versus Settlement When Parties Seek Nonmonetary Judgements
Steven Shavell
- w4011 March 1992 The Growth and Welfare Consequences of Differential Tariffs With Endogenously-Supplied Capital and Labor
Philip L. Brock and Stephen J. Turnovsky
- w4022 March 1992 Learning From the Reagan Deficits
Benjamin M. Friedman
- w4021 March 1992 The Effects of Tax-Based Saving Incentives on Government Revenue and National Saving
Martin Feldstein
- w4020 March 1992 Energy Tax Credits and Residential Conservation Investment
Kevin A. Hassett and Gilbert E. Metcalf
- w4019 March 1992 Sources of Bias in Women's Wage Equations: Results Using Sibling Data
David Neumark and Sanders Korenman
- w4018 March 1992 Inflation Expectations and the Structural Shift in Aggregate Labor-Cost Determination in the 1980s
David Neumark and Jonathan S. Leonard
- w4017 March 1992 The Private ECU: A Currency Floating on Gossamer Wings
David Folkerts-Landau and Peter M. Garber
- w4016 March 1992 The European Central Bank: A Bank or a Monetary Policy Rule
David Folkerts-Landau and Peter M. Garber
- w4035 March 1992 Near-Rationality, Heterogeneity and Aggregate Consumption
Ricardo J. Caballero
- w4036 March 1992 Testing for Price Anomalies in Real Estate Auctions
Orley Ashenfelter and David Genesove
- w4034 March 1992 Differential Effects of Post-School Training on Early Career Mobility
Lisa M. Lynch
- w4033 March 1992 The Bretton Woods International Monetary System: An Historical Overview
Michael D. Bordo
- w4032 March 1992 College Scholarship Rules and Private Saving
Martin Feldstein
- w4031 March 1992 Diminished Expectations of Nuclear War and Increased Personal Savings: Evidence From Individual Survey Data
Bruce Russett and Joel Slemrod
- w4030 March 1992 Unemployment Insurance Taxes and the Cyclical and Seasonal Properties of Unemployment
David Card and Phillip B. Levine
- w4029 March 1992 National Origin and Immigrant Welfare Recipiency
George J. Borjas and Stephen J. Trejo
- w4028 March 1992 Convertible Bonds as "Back Door" Equity Financing
Jeremy C. Stein
- w4027 March 1992 Training, Wage Growth and Job Performance: Evidence From a Company Database
Ann P. Bartel
- w4026 March 1992 The Inconsistency of Common Scale Estimators When Output Prices Are Unobserved and Engogenous
Tor Jakob Klette and Zvi Griliches
- w4024 March 1992 Maximizing Seignorage Revenue During Temporary Suspensions of Convertibility: A Note
Michael Bordo and Angela Redish
- w4025 March 1992 A Cross-Sectional Test of a Production-Based Asset Pricing Model
John H. Cochrane
- w4038 March 1992 Regional Growth and Migration: A Japan-U.S. Comparison
Robert J. Barro and Xavier Sala-i-Martin
- w4037 March 1992 Training at Work: A Comparison of U.S. and British Youths
David G. Blanchflower and Lisa M. Lynch
- w4023 March 1992 Firm-Specific Determinants of the Real Wage
Janet Currie and Sheena McConnell
- w4040 March 1992 Moscow Black Markets and Official Markets for Foreign Exchange: How Much Flexiblity in Flexible Rates?
Linda S. Goldberg
- w4041 March 1992 Incumbent Behavior: Vote Seeking, Tax Setting and Yardstick Competition
Timothy Besley and Anne Case
- w4039 March 1992 Conceptually Based Measures of Structural Adaptability
Kala Krishna
- r1706 March 1992 House Price Dynamics: The Role of Tax Policy and Demography
James M. Poterba
- w3985 February 1992 Pensions and Wage Premia
Edward Montgomery and Kathryn Shaw
- h0036 February 1992 The Evolution of Global Labor Markets Since 1830 Background Evidence and Hypotheses
Jeffrey G. Williamson
- w3983 February 1992 Disinflation With Imperfect Credibility
Laurence Ball
- w3984 February 1992 Do Tougher Licensing Provisions Limit Occupational Entry? The Case of Dentistry
Morris M. Kleiner and Robert T. Kudrle
- w3987 February 1992 The Consequences and Costs of Maternal Substance Abuse in New York City
Theodore Joyce, Andrew D. Racine, and Naci Mocan
- w3986 February 1992 Transitional Dynamics in Two-Sector Models of Endogenous Growth
Casey B. Mulligan and Xavier Sala-i-Martin
- w3996 February 1992 Local Versus Global Convergence Across National Economies
Steven N. Durlauf and Paul A. Johnson
- w3994 February 1992 Human Capital Accumulation and Income Distribution
Raquel Fernandez and Richard Rogerson
- w3993 February 1992 Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations
Adam B. Jaffe, Manuel Trajtenberg, and Rebecca Henderson
- w3992 February 1992 Dynamic Efficiency, the Riskless Rate, and Debt Ponzi Games Under Uncertainty
Olivier Jean Blanchard and Philippe Weil
- w3991 February 1992 Wage Effects of A U.S. - Mexican Free Trade Agreement
Edward E. Leamer
- w3990 February 1992 The Cowles Commission Approach, Real Business Cycle Theories, and New Keynesian Economics
Ray C. Fair
- w3989 February 1992 Intertemporal Asset Pricing Without Consumption Data
John Y. Campbell
- w3988 February 1992 Forward Into the Past: Productivity Retrogression in the Electric Generating Industry
Robert J. Gordon
- w3999 February 1992 Taxation and Inequality: A Time-Exposure Perspective
Joel Slemrod
- w3998 February 1992 Privatization in East Germany
Hans-Werner Sinn
- w3997 February 1992 The Effect of the Minimum Wage on the Fast Food Industry
Lawrence F. Katz and Alan B. Krueger
- w3995 February 1992 Why Does the Stock Market Fluctuate?
Robert B. Barsky and J. Bradford De Long
- w4004 February 1992 Asset Bubbles and Endogenous Growth
Noriyuki Yanagawa and Gene M. Grossman
- w4002 February 1992 Self-Selection and Internal Migration in the United States
George J. Borjas, Stephen G. Bronars, and Stephen J. Trejo
- w4003 February 1992 Peso Problems and Heterogeneous Trading: Evidence From Excess Returns in Foreign Exchange and Euromarkets
Martin D. Evans and Karen K. Lewis
- w4001 February 1992 Bretton Woods and Its Precursors: Rules Versus Discretion in the History of International Monetary Regimes
Alberto Giovannini
- w4000 February 1992 The Flow Approach to Labor Markets
Olivier Jean Blanchard and Peter Diamond
- r1694 February 1992 Why Has the Natural Rate of Unemployment Increased over Time?
Chinhui Juhn, Kevin M. Murphy, and Robert H. Topel
- w3966 January 1992 The Budget and Trade Deficits Aren't Really Twins
Martin Feldstein
- w3950 January 1992 Is There a Conflict Between EC Enlargement and European Monetary Unification?
Tamim Bayoumi and Barry Eichengreen
- w3949 January 1992 Shocking Aspects of European Monetary Unification
Tamim Bayoumi and Barry Eichengreen
- w3948 January 1992 Convergence and Growth Linkages Between North and South
John F. Helliwell and Alan Chung
- w3947 January 1992 The Rush to Free Trade in the Developing World: Why So Late? Why Now? Will it Last?
Dani Rodrik
- h0034 January 1992 Toward a New Synthesis on the Role of Economic Issues in the Political Realignment of the 1850s
Robert William Fogel
- w3946 January 1992 How Pervasive is the Product Cycle? The Empirical Dynamics of American and Japanese Trade Flows
Joseph E. Gagnon and Andrew K. Rose
- w3953 January 1992 Exchange Rate Flexibility, Volatility, and the Patterns of Domestic and Foreign Direct Investment
Joshua Aizenman
- w3957 January 1992 Testing Trade Theory
Edward E. Leamer
- w3955 January 1992 Estimating Expected Exchange Rates Under Target Zones
Zhaohui Chen and Alberto Giovannini
- w3956 January 1992 Exploring the Relationship Between R&D and Productivity in French Manufacturing Firms
Bronwyn H. Hall and Jacques Mairesse
- h0035 January 1992 Gresham's Law Regained
Robert L. Greenfield
- w3951 January 1992 The Role of International Organizations in the Bretton Woods System
Kathryn M. Dominguez
- w3952 January 1992 Is Arbitration Addictive? Evidence From the Laboratory and the Field
Janet Currie and Henry S. Farber
- w3954 January 1992 Labor Supply Flexibility and Portfolio Choice in a Life-Cycle Model
Zvi Bodie, Robert C. Merton, and William F. Samuelson
- w3960 January 1992 External Shocks, Politics and Private Investment: Some Theory and Empirical Evidence
Sule Ozler and Dani Rodrik
- w3959 January 1992 Have Commercial Banks Ignored History?
Sule Ozler
- w3965 January 1992 Twenty-two Years of the NBER-ASA Quarterly Economic Outlook Surveys: Aspects and Comparisons of Forecasting Performance
Victor Zarnowitz and Phillip Braun
- w3958 January 1992 A Model of the Optimal Complexity of Rules
Louis Kaplow
- w3968 January 1992 Menus of Linear Income Tax Schedules
Alberto Alesina and Philippe Weil
- w3969 January 1992 Measuring the Aggregate Price Level: Implications For Economic Performance and Policy
Robert J. Gordon
- w3964 January 1992 Rising Inequality? Changes in the Distribution of Income and Consumption in the 1980s
David M. Cutler and Lawrence F. Katz
- w3961 January 1992 Bank Exposure, Capital and Secondary Market Discounts on the Developing Country Debt
Sule Ozler and Harry Huizinga
- w3962 January 1992 Social Security Rules and Marginal Tax Rates
Martin Feldstein and Andrew Samwick
- w3963 January 1992 Taxation and Housing: Old Questions, New Answers
James M. Poterba
- w3975 January 1992 Equilibrium Asset Prices With Undiversifiable Labor Income Risk
Philippe Weil
- w3976 January 1992 Precautionary Saving and Consumption Smoothing Across Time and Possibilities
Miles Kimball and Philippe Weil
- w3970 January 1992 What is Productivity: Capacity or Welfare Management?
Charles R. Hulten
- w3972 January 1992 The Intergenerational Mobility of Immigrants
George J. Borjas
- w3973 January 1992 The Fall in Private Pension Coverage in the U.S.
David E. Bloom and Richard B. Freeman
- w3974 January 1992 Liquidity Effects and the Monetary Transmission Mechanism
Lawrence J. Christiano and Martin Eichenbaum
- t0119 January 1992 Computing Markov Perfect Nash Equilibria: Numerical Implications of a Dynamic Differentiated Product Model
Ariel Pakes and Paul McGuire
- w3967 January 1992 On the Design and Reform of Capital Gains Taxation
Alan J. Auerbach
- w3978 January 1992 The Impact of Collective Bargaining Legislation on Disputes in the U.S. Public Sector: No Policy May Be the Worst Policy
Janet Currie and Sheena McConnell
- w3977 January 1992 The Dynamics of Productivity in the Telecommunications Equipment Industry
G. Steven Olley and Ariel Pakes
- w3980 January 1992 Sectoral Shifts and Unemployment in Interwar Britain
S. Lael Brainard
- w3979 January 1992 Information Spillovers, Margins, Scale and Scope: With an Application to Canadian Life Insurance
Jeffrey I. Bernstein
- w3981 January 1992 State Infrastructure and Productive Performance
Catherine J. Morrison and Amy Ellen Schwartz
- w3982 January 1992 Price Margins and Capital Adjustment: Canadian Mill Products and Pulp and Paper Industries
Jeffrey I. Bernstein
- w3971 January 1992 Growth Accounting When Technical Change is Embodied in Capital
Charles R. Hulten
- r1682 January 1992 America's Children: Economic Perspectives and Policy Options
Victor R. Fuchs and Diane M. Reklis
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