Papers Issued in 1994
- h0064 December 1994 A Prelude to the Welfare State: Compulsory State Insurance and Workers' Compensation in Minnesota, Ohio, and Washington, 1911-1919
Shawn E. Kantor
- w4947 December 1994 Did Workers Pay for the Passage of Workers' Compensation Laws?
Price V. Fishback and Shawn Everett Kantor
- w4946 December 1994 Intellectual Capital and the Firm: The Technology of Geographically Localized Knowledge Spillovers
Lynne G. Zucker, Michael R. Darby, and Jeff Armstrong
- w4949 December 1994 Education and Health: Where There's Smoke There's an Instrument
William N. Evans and Edward Montgomery
- w4950 December 1994 An Intergenerational Model of Wages, Hours and Earnings
Joseph G. Altonji and Thomas A. Dunn
- w4948 December 1994 Prices, Output and Hours: An Empirical Analysis Based on a Sticky Price Model
Julio J. Rotemberg
- h0066 December 1994 Factor Endowments: Institutions, and Differential Paths of Growth Among New World Economies: A View from Economic Historians of the United States
Stanley L. Engerman and Kenneth L. Sokoloff
- h0065 December 1994 Cliometrics and the Nobel
Claudia Goldin
- t0170 December 1994 Natural and Quasi- Experiments in Economics
Bruce D. Meyer
- w4943 December 1994 Insurance Rationing and the Origins of Workers' Compensation
Price V. Fishback and Shawn Everett Kantor
- w4942 December 1994 Can Having Fewer Partners Increase Prevalence of Aids?
Michael Kremer
- w4944 December 1994 The GATT's Contribution to Economic Recovery in Post-War Western Europe
Douglas A. Irwin
- w4945 December 1994 Generating Equality and Eliminating Poverty, The Swedish Way
Anders Bjorklund and Richard B. Freeman
- w4955 December 1994 The Economic Benefits from Immigration
George J. Borjas
- w4954 December 1994 Neither a Borrower nor a Lender Be: An Economic Analysis of Interest Restrictions and Usury Laws
Edward L. Glaeser and Jose A. Scheinkman
- w4953 December 1994 Economic Effects of Quality Regulations in the Daycare Industry
Tasneem Chipty and Ann Dryden Witte
- w4952 December 1994 Perspectives on PPP and Long-Run Real Exchange Rates
Kenneth A. Froot and Kenneth Rogoff
- w4951 December 1994 Puzzles in International Financial Markets
Karen K. Lewis
- w4956 December 1994 Unnatural Experiments? Estimating the Incidence of Endogenous Policies
Timothy Besley and Anne Case
- w4968 December 1994 The Dynamics of Dual-Job Holding and Job Mobility
Christina H. Paxson and Nachum Sicherman
- w4966 December 1994 Forecasting Transaction Rates: The Autoregressive Conditional Duration Model
Robert F. Engle and Jeffrey R. Russell
- w4967 December 1994 Spillovers, Foreign Investment, and Export Behavior
Brian Aitken, Gordon H. Hanson, and Ann E. Harrison
- w4965 December 1994 Market Underreaction to Open Market Share Repurchases
David Ikenberry, Josef Lakonishok, and Theo Vermaelen
- w4963 December 1994 A Retrospective on the Debt Crisis
Michael P. Dooley
- w4964 December 1994 Getting Interventions Right: How South Korea and Taiwan Grew Rich
Dani Rodrik
- w4962 December 1994 International Rules and Institutions for Trade Policy
Robert W. Staiger
- w4959 December 1994 Cross-Country Evidence on the Link Between Volatility and Growth
Garey Ramey and Valerie A. Ramey
- w4960 December 1994 The Effects of Unemployment Insurance Taxes and Benefits on Layoffs Using Firm and Individual Data
Patricia M. Anderson and Bruce D. Meyer
- w4961 December 1994 A Fundamental Objection to Tax Equity Norms: A Call for Utilitarianism
Louis Kaplow
- w4958 December 1994 Hedging Options in a GARCH Environment: Testing the Term Structure of Stochastic Volatility Models
Robert F. Engle and Joshua Rosenberg
- w4969 December 1994 Indicator Properties of the Paper-Bill Spread: Lessons from Recent Experiences
Benjamin M. Friedman and Kenneth N. Kuttner
- w4957 December 1994 The Size and Timing of Devaluations in Capital-Controlled Developing Countries
Robert Flood and Nancy Marion
- w4971 December 1994 The Operation and Collapse of Fixed Exchange Rate Regimes
Peter M. Garber and Lars E.O. Svensson
- w4970 December 1994 Valuation of New Goods under Perfect and Imperfect Competition
Jerry A. Hausman
- w4972 December 1994 Competition Policy and International Trade
James Levinsohn
- t0171 December 1994 Testing for Cointegration When Some of the Contributing Vectors are Known
Michael T. K. Horvath and Mark W. Watson
- w4981 December 1994 The Demand for Post-Patent Prescription Pharmaceuticals
Judith K. Hellerstein
- w4980 December 1994 Political Constraints on Executive Compensation: Evidence from the Electric Utility Industry
Paul L. Joskow, Nancy L. Rose, and Catherin D. Wolfram
- w4979 December 1994 Does Competition Among Public Schools Benefit Students and Taxpayers?
Caroline Minter Hoxby
- w4978 December 1994 Do Private Schools Provide Competition for Public Schools?
Caroline Minter Hoxby
- w4977 December 1994 Is There a `Credit Channel' for Monetary Policy?
R. Glenn Hubbard
- w4976 December 1994 CEO Pay and Firm Performance: Dynamics, Asymmetries, and Alternative Performance Measures
Paul L. Joskow and Nancy L. Rose
- w4975 December 1994 Business Cycles and the Asset Structure of Foreign Trade
Marianne Baxter and Mario J. Crucini
- w4974 December 1994 High Tech R&D Subsidies: Estimating the Effects of Sematech
Douglas A. Irwin and Peter J. Klenow
- w4973 December 1994 Bureaucracy, Infrastructure, and Economic Growth: Evidence from U.S. Cities During the Progressive Era
James E. Rauch
- w4914 November 1994 Economic Conditions and Alcohol Problems
Christopher Ruhm
- w4913 November 1994 Who Leaves? The Outmigration of the Foreign-Born
George J. Borjas and Bernt Bratsberg
- w4911 November 1994 The Dynamics of Part-Time Work
Rebecca M. Blank
- w4912 November 1994 Ethnicity, Neighborhoods, and Human Capital Externalities
George J. Borjas
- w4928 November 1994 Fixes: Of The Forward Discount Puzzle
Robert P. Flood and Andrew K. Rose
- w4927 November 1994 Foreign-Owned Firms and U.S. Wages
Robert E. Lipsey
- w4926 November 1994 Technology and Trade
Gene M. Grossman and Elhanan Helpman
- w4916 November 1994 Government Intervention in the Markets for Education and Health Care: How and Why?
James M. Poterba
- w4915 November 1994 Cadillac Contracts and Up-Front Payments: Efficient Investment Under Expectation Damages
Aaron S. Edlin
- t0169 November 1994 Comparing Predictive Accuracy
Francis X. Diebold and Robert S. Mariano
- w4918 November 1994 An Economic Analysis of Works Councils
Richard B. Freeman and Edward P. Lazear
- w4919 November 1994 A Model of Fiat Money and Barter
Fumio Hayashi and Akihiko Matsui
- w4917 November 1994 High Wage Workers and High Wage Firms
John M. Abowd, Francis Kramarz, and David N. Margolis
- w4920 November 1994 Does Competition from HMOs Affect Fee-For-Service Physicians?
Laurence C. Baker
- h0063 November 1994 The Price of Housing in New York City, 1830-1860
Robert A. Mareo
- w4923 November 1994 Tests of Three Parity Conditions: Distinguishing Risk Premia and Systematic Forecast Errors
Richard C. Marston
- w4922 November 1994 Wage Differentials in Italy: Market Forces, Institutions, and Inflation
Christopher L. Erikson and Andrea Ichino
- w4921 November 1994 The Effect of Credit Market Competition on Lending Relationships
Mitchell A. Petersen and Raghuram G. Rajan
- w4925 November 1994 Do Pensions Increase the Labor Supply of Older Men?
Christopher J. Ruhm
- w4924 November 1994 Interest Allocation Rules, Financing Patterns, and the Operations of U.S. Multinationals
Kenneth A. Froot and James R. Hines, Jr.
- w4934 November 1994 Contagion and Bank Failures During the Great Depression: The June 1932 Chicago Banking Panic
Charles W. Calomiris and Joseph R. Mason
- w4933 November 1994 Physician Financial Incentives and Cesarean Section Delivery
Jonathan Gruber and Maria Owings
- w4932 November 1994 Taxes, Technology Transfer, and the R&D Activities of Multinational Firms
James R. Hines, Jr.
- w4931 November 1994 International Patenting and Technology Diffusion
Jonathan Eaton and Samuel Kortum
- w4930 November 1994 Physician Payments and Infant Mortality: Evidence from Medicaid Fee Policy
Janet Currie, Jonathan Gruber, and Michael Fischer
- w4929 November 1994 Health and Labor Force Participation of Older Men, 1900-1991
Dora L. Costa
- w4935 November 1994 Historical Macroeconomics and American Macroeconomic History
Charles W. Calomiris and Christopher Hanes
- w4940 November 1994 International Trade Theory: The Evidence
Edward E. Leamer and James Levinsohn
- w4941 November 1994 Disability Insurance Rejection Rates and the Labor Supply of Older Workers
Jonathan Gruber and Jeffrey D. Kubik
- w4938 November 1994 Monetary Policy and the Term Structure of Interest Rates
Bennett T. McCallum
- w4939 November 1994 The Dynamics of Domestic Violence: Does Arrest Matter?
Helen V. Tauchen and Ann Dryden Witte
- w4937 November 1994 Using Expectations Data to Study Subjective Income Expectations
Jeff Dominitz and Charles F. Manski
- w4936 November 1994 Eliciting Student Expectations of the Returns to Schooling
Jeff Dominitz and Charles F. Manski
- h0062 November 1994 The Great Depression
Peter Temin
- w4876 October 1994 Foreign Investment with Endogenous Protection
Gene Grossman and Elhanan Helpman
- w4877 October 1994 Electoral Competition and Special Interest Politics
Gene Grossman and Elhanan Helpman
- w4875 October 1994 What Do We Know About Capital Structure? Some Evidence from International Data
Raghuram G. Rajan and Luigi Zingales
- w4873 October 1994 Credit Markets and the Welfare Costs of Inflation
Jose De Gregorio and Federico Sturzenegger
- w4874 October 1994 Following in Her Footsteps? Women's Choices of College Majors and Faculty Gender Composition
Brandice J. Canes and Harvey S. Rosen
- w4882 October 1994 Optimal Taxation of Human and Physical Capital in Endogenous Capital Models
Nouriel Roubini and Gian Maria Milesi-Ferrett
- w4880 October 1994 Health Insurance and the Supply of Entrepreneurs
Douglas Holtz-Eakin, John R. Penrod, and Harvey S. Rosen
- w4878 October 1994 The Attraction of Foreign Manufacturing Investments: Investment Promotion and Agglomeration Economies
Keith Head, John C. Ries, and Deborah L. Swenson
- w4879 October 1994 Market Failure in Small Group Health Insurance
David Cutler
- t0167 October 1994 Optimal Prediction Under Asymmetric Loss
Peter F. Christoffersen and Francis X. Diebold
- w4886 October 1994 Debt and Seniority: An Analysis of the Role of Hard Claims in Constraining Management
Oliver Hart and John Moore
- w4887 October 1994 Explaining Investment Dynamics in U.S. Manufacturing: A Generalized (S,s) Approach
Ricardo J. Caballero and Eduardo M.R.A. Engel
- w4885 October 1994 Fiscal Policies, Capital Formation, and Capitalism
Martin Feldstein
- w4884 October 1994 Precautionary Saving and Social Insurance
R. Glenn Hubbard, Jonathan Skinner, and Stephen P. Zeldes
- w4883 October 1994 Income Distribution and Public Education: A Dynamic Quantitative Evaluation of School Finance Reform
Raquel Fernandez and Richard Rogerson
- w4881 October 1994 Taxation and Endogenous Growth in Open Economies
Nouriel Roubini and Gian Maria Milesi-Ferrett
- w4889 October 1994 Unemployment Effects of Military Spending: Evidence from a Panel of States
Mark Hooker and Michael Knetter
- w4888 October 1994 Measuring Money Growth When Financial Markets Are Changing
James H. Stock and Martin Feldstein
- h0060 October 1994 Three Phases of Argentine Economic Growth
Alan M. Taylor
- h0061 October 1994 Was There a National Labor Market at the End of the Nineteenth Century? Intercity and Interregional Variation in Male Earnings in Manufacturing
Joshua L. Rosenbloom
- w4891 October 1994 Cigarette Taxation and the Social Consequences of Smoking
W. Kip Viscusi
- w4890 October 1994 Market Timing Ability and Volatility Implied in Investment Newletters' Asset Allocation Recommendations
John R. Graham and Campbell R. Harvey
- w4896 October 1994 Environmental Taxation and the "Double Dividend:" A Reader's Guide
Lawrence H. Goulder
- w4894 October 1994 Why are Retail Prices in Japan so High?: Evidence from German Export Prices
Michael M. Knetter
- w4895 October 1994 Insulation of Pensions from Political Risk
Peter Diamond
- w4893 October 1994 The Intertemporal Approach to the Current Account
Maurice Obstfeld and Kenneth Rogoff
- w4892 October 1994 Domestic Saving and International Capital Flows Reconsidered
Alan M. Taylor
- w4902 October 1994 Free-Trade Taxation and Protectionist Taxation
Joel Slemrod
- w4903 October 1994 Resisting Migration: The Problems of Wage Rigidity and the Social Burden
Assaf Razin and Efraim Sadka
- w4901 October 1994 The Competitive Crash in Large-Scale Commercial Computing
Timothy F. Bresnahan and Shane Greenstein
- w4899 October 1994 From Superminis to Supercomputers: Estimating Surplus in the Computing Market
Shane Greenstein
- w4900 October 1994 IRAs and Household Saving Revisited: Some New Evidence
Orazio P. Attanasio and Thomas C. DeLeire
- w4898 October 1994 Speculative Attacks on Pegged Exchange Rates: An Empirical Exploration with Special Reference to the European Monetary System
Barry Eichengreen, Andrew K. Rose, and Charles Wyplosz
- w4897 October 1994 Optimal Environmental Taxation in the Presence of Other Taxes: General Equilibrium Analyses
A. Lans Bovenberg and Lawrence H. Goulder
- t0168 October 1994 Estimating Multiple-Discrete Choice Models: An Application to Computeri-zzation Returns
Igal Hendel
- w4910 October 1994 Crime and the Job Market
Richard B. Freeman
- w4909 October 1994 Democracy & Growth
Robert J. Barro
- w4907 October 1994 Investment Opportunities, Managerial Decisions, and the Security Issue Decision
Kooyul Jung, Yong-Cheol Kim, and Rene M. Stulz
- w4908 October 1994 How Different is Japanese Corporate Finance? An Investigation of the Information Content of New Security Issues
Jun-Koo Kang and Rene M. Stulz
- w4906 October 1994 Aging and Productivity, Rationality and Matching: Evidence from Economists
Daniel S. Hamermesh
- w4905 October 1994 How a Fee Per-Unit Garbage Affects Aggregate Recycling in a Model with Heterogeneous Households
Thomas C. Kinnaman and Don Fullerton
- w4904 October 1994 The Roles of Marketing, Product Quality and Price Competition in the Growth and Composition of the U.S. Anti-Ulcer Drug Industry
Ernst R. Berndt, Linda Bui, David Reiley, and Glen Urban
- w4850 September 1994 Issues Concerning Nominal Anchors for Monetary Policy
Robert Flood and Michael Mussa
- w4848 September 1994 Commercial Paper, Corporate Finance, and the Business Cycle: A Microeconomic Perspective
Charles W. Calomiris, Charles P. Himmelberg, and Paul Wachtel
- w4847 September 1994 Trade Liberalization and Trade Adjustment Assistance
K.C. Fung and Robert W. Staiger
- w4846 September 1994 Differences in the Uses and Effects of Antidumping Law Across Import Sources
Robert W. Staiger and Frank A. Wolak
- w4852 September 1994 A Major Risk Approach to Health Insurance Reform
Martin Feldstein and Jonathan Gruber
- w4851 September 1994 Tax Policy and International Capital Flows
Martin Feldstein
- w4849 September 1994 Threats and Promises
Jonathan Eaton and Maxim Engers
- w4860 September 1994 The Specie Standard as a Contingent Rule: Some Evidence for Core and Peripheral Countries, 1880-1990
Michael D. Bordo and Anna J. Schwartz
- w4859 September 1994 Job Stability in the United States
Francis X. Diebold, David Neumark, and Daniel Polsky
- w4857 September 1994 An Asset Allocation Puzzle
Niko Canner, N. Gregory Mankiw, and David N. Weil
- w4858 September 1994 Noise Trading, Delegated Portfolio Management, and Economic Welfare
James Dow and Gary Gorton
- w4853 September 1994 State Abortion Rates: The Impact of Policies, Providers, Politics, Demographics, and Economic Environment
Rebecca M. Blank, Christine C. George, and Rebecca A. London
- w4854 September 1994 A Time to Sow and a Time to Reap: Growth Based on General Purpose Technologies
Elhanan Helpman and Manuel Trajtenberg
- w4855 September 1994 Sticky Prices: New Evidence from Retail Catalogs
Anil K. Kashyap
- w4856 September 1994 A Theory of the Welfare State
Hans-Werner Sinn
- w4864 September 1994 Effective Tax Rates in Macroeconomics: Cross-Country Estimates of Tax Rates on Factor Incomes and Consumption
Enrique G. Mendoza, Assaf Razin, and Linda L. Tesar
- w4863 September 1994 Mark-Up Pricing in Mergers and Acquisitions
G. William Schwert
- w4861 September 1994 Equity and Time to Sale in the Real Estate Market
David Genesove and Christopher J. Mayer
- w4862 September 1994 Distributional Effects on a Lifetime Basis
Don Fullerton and Diane Lim Rogers
- t0165 September 1994 Estimating Deterministic Trends in the Presence of Serially Correlated Errors
Eugene Canjels and Mark W. Watson
- t0164 September 1994 Evidence on Structural Instability in Macroeconomic Time Series Relations
James H. Stock and Mark W. Watson
- h0059 September 1994 Estimated Life Tables for the United States, 1850-1900
Michael R. Haines
- w4872 September 1994 Immigration and Welfare, 1970-1990
George J. Borjas
- t0166 September 1994 Accounting for Dropouts in Evaluations of Social Experiments
James Heckman, Jeffrey Smith, and Christopher Taber
- w4871 September 1994 Estimating and Interpreting Forward Interest Rates: Sweden 1992 - 1994
Lars E.O. Svensson
- w4870 September 1994 What Does the Political Economy Literature on Trade Policy (Not) Tell UsThat We Ought To Know?
Dani Rodrik
- w4869 September 1994 The Effect of Taxes on Investment and Income Shifting to Puerto Rico
Harry Grubert and Joel Slemrod
- w4865 September 1994 A Survey of Empirical Research on Nominal Exchange Rates
Jeffrey A. Frankel and Andrew K. Rose
- w4866 September 1994 Assimilation and Changes in Cohort Quality Revisited: What Happened to Immigrant Earnings in the 1980s?
George J. Borjas
- w4867 September 1994 The Seesaw Principle in International Tax Policy
Joel Slemrod, Carl Hansen, and Roger Procter
- w4868 September 1994 A Note on Subsidizing Gifts
Louis Kaplow
- w4813 August 1994 Retirement Research Using the Health and Retirement Survey
Alan L. Gustman, Olivia S. Mitchell, and Thomas L. Steinmeier
- w4818 August 1994 The Time Variation of Risk and Return in Foreign Exchange Markets: A General Equilibrium Perspective
Geert Bekaert
- w4817 August 1994 Intermediate Goods and Business Cycles: Implications for Productivity and Welfare
Susanto Basu
- w4816 August 1994 Reference Point Dependence for Specification Bias from Quality Upgrading
Eric Hutton and John Whalley
- w4814 August 1994 The Macroeconomics of the Great Depression: A Comparative Approach
Ben S. Bernanke
- w4815 August 1994 Foreign Direct Investment, Exchange Rate Variability and Demand Uncertainty
Linda S. Goldberg and Charles D. Kolstad
- w4819 August 1994 Financial Intermediation and Aggregate Fluctuations: A Quantative Analysis
Russell Cooper and Joao Ejarque
- w4822 August 1994 Optimal Regulation of Multiply-Regulated Industries: The Case of Physician Services
John A. Rizzo and Jody L. Sindelar
- w4821 August 1994 The Impact of Monetary Policy on Bank Balance Sheets
Anil K. Kashyap and Jeremy C. Stein
- w4820 August 1994 The Tax Unit and Household Production
John Piggott and John Whalley
- w4824 August 1994 Infrastructure in a Structural Model of Economic Growth
Douglas Holtz-Eakin and Amy Ellen Schwartz
- w4823 August 1994 The Transfer of Human Capital
Boyan Jovanovic and Yaw Nyarko
- w4825 August 1994 Firing Costs, Employment Fluctuations and Average Employment: An Examination of Germany
Jennifer Hunt
- w4828 August 1994 The New Economics of Teachers and Education
Frederick Flyer and Sherwin Rosen
- w4827 August 1994 Young Workers, Old Workers, and Convergence
Michael Kremer and Jim Thomson
- w4826 August 1994 Costs, Institutional Mobility Barriers, and Market Structure: Advertising Agencies as Multiproduct Firms
Alvin J. Silk and Ernst R. Berndt
- w4830 August 1994 Home Equity Insurance
Robert J. Shiller and Allan N. Weiss
- w4836 August 1994 Trade, Multinationals, & Labor
Robert Z. Lawrence
- w4835 August 1994 Economic Consequences of a Changing Litigation Environment: The Case of Patents
Jean Olson Lanjouw
- w4834 August 1994 The Distribution of Exchange Rates in the EMS
Charles Engel and Craig S. Hakkio
- w4833 August 1994 Models of Energy Use: Putty-Putty versus Putty-Clay
Andrew Atkeson and Patrick J. Kehoe
- w4832 August 1994 Earnings, Schooling, and Ability Revisited
David Card
- w4831 August 1994 New Evidence on Workplace Education
Alan Krueger and Cecilia Rouse
- w4829 August 1994 How Wide is the Border?
Charles Engel and John H. Rogers
- w4837 August 1994 Why is Inflation Skewed? A Debt and Volatility Story
Joshua Aizenman and Ricardo Hausmann
- t0161 August 1994 Asymptotically Optimal Smoothing with ARCH Models
Daniel B. Nelson
- w4842 August 1994 Passthrough of Exchange Rates and Purchasing Power Parity
Robert C. Feenstra and Jon D. Kendall
- w4841 August 1994 Bias in U.S. Import Prices and Demand
Robert C. Feenstra and Clinton R. Shiells
- w4840 August 1994 Geographic Concentration in U.S. Manufacturing Industries: A Dartboard Approach
Glenn Ellison and Edward L. Glaeser
- w4839 August 1994 Are Windfalls a Curse? A Non-Representative Agent Model of the Current Account and Fiscal Policy
Aaron Tornell and Philip Lane
- w4838 August 1994 The Production of Human Capital and the Lifecycle of Earnings: Variations on a Theme
Jacob Mincer
- w4845 August 1994 Infrastructure and Public R&D Investments, and the Growth of Factor Productivity in US Manufacturing Industries
M. Ishaq Nadiri and Theofanis P. Mamuneas
- w4844 August 1994 Investment in U.S. Education and Training
Jacob Mincer
- w4843 August 1994 Time-Varying World Market Integration
Geert Bekaert and Campbell R. Harvey
- t0163 August 1994 Continuous Record Asymptotics for Rolling Sample Variance Estimators
Dean P. Foster and Daniel B. Nelson
- t0162 August 1994 Asymptotic Filtering Theory for Multivariate ARCH Models
Daniel B. Nelson
- w4789 July 1994 The Financial Accelerator and the Flight to Quality
Ben Bernanke, Mark Gertler, and Simon Gilchrist
- t0160 July 1994 Reported Income in the NLSY: Consistency Checks and Methods for Cleaningthe Data
Nancy Cole and Janet Currie
- w4794 July 1994 Work and Crime: An Exploration Using Panel Data
Ann Dryden Witte and Helen Tauchen
- w4792 July 1994 Recent Private Capital Inflows to Developing Countries: Is the Debt Crisis History?
Michael P. Dooley, Eduardo Fernandez-Arias, and Kenneth M. Kletzer
- w4791 July 1994 The Ethnic and Racial Character of Self-Employment
Robert W. Fairlie and Bruce D. Meyer
- w4790 July 1994 Agricultural Interest Groups and the North American Free Trade Agreement
David Orden
- w4788 July 1994 Efficient and Inefficient Sales of Corporate Control
Lucian Arye Bebchuk
- w4793 July 1994 Capital Flight, External Debt and Domestic Policies
Michael P. Dooley and Kenneth M. Kletzer
- w4799 July 1994 Trade Barriers and Trade Flows across Countries and Industries
Jong-Wha Lee and Phillip Swagel
- w4800 July 1994 Leverage as a State Variable for Employment, Inventory Accumulation, andFixed Investment
Charles W. Calomiris, Athanasios Orphanides, and Steven A. Sharpe
- w4798 July 1994 Education, Income Distribution and Growth: The Local Connection
Roland Benabou
- w4801 July 1994 Over-the-Counter Derivatives and Systemic Risk to the Global Financial System
Michael R. Darby
- w4795 July 1994 Is Consumption Growth Consistent with Intertemporal Optimization? Evidence from the Consumer Expenditure Survey
Orazio P. Attanasio and Guglielmo Weber
- w4796 July 1994 Why is Capital so Immobile Internationally?: Possible Explanations and Implications for Capital Income Taxation
Roger H. Gordon and A. Lans Bovenberg
- w4797 July 1994 Do Unions Make Enterprises Insolvent?
Richard B. Freeman and Morris M. Kleiner
- w4803 July 1994 A Working Model for Predicting the Consumption and Revenue Impacts of Large Increases in the U.S. Federal Cigarette Excise Tax
Jeffrey E. Harris
- w4802 July 1994 An Evaluation of the Swedish Active Labor Market Policy: New and Received Wisdom
Anders Forslund and Alan B. Krueger
- w4812 July 1994 Productivity Measurement for a Distribution Firm
W. Erwin Diewert and Ann Marie Smith
- w4811 July 1994 The Intertemporal Allocation of Consumption: Theory and Evidence
Orazio P. Attanasio
- w4810 July 1994 The Welfare State and Competitiveness
Alberto Alesina and Roberto Perotti
- w4809 July 1994 The Real Exchange Rate and Fiscal Policy During the Gold Standard PeriodEvidence from the United States and Great Britain
Graciela L. Kaminsky and Michael Klein
- w4807 July 1994 Terms of Trade, Productivity, and the Real Exchange Rate
Jose De Gregorio and Holger C. Wolf
- w4805 July 1994 How Many Monies? A Genetic Approach to Finding Optimum Currency Areas
Atish R. Ghosh and Holger C. Wolf
- w4806 July 1994 Pricing in International Markets: Lessons From The Economist
Atish R. Ghosh and Holger C. Wolf
- w4804 July 1994 High-Cost Domestic Joint Ventures and International Competition: Do Domestic Firms Gain?
Ruth R. Raubitschek and Barbara J. Spencer
- w4808 July 1994 Why Do Americans and Germans Work Different Hours?
Linda Bell and Richard Freeman
- w4756 June 1994 Multifactor Models Do Not Explain Deviations from the CAPM
A. Craig MacKinlay
- w4759 June 1994 Staggering and Synchronization in Price-Setting: Evidence from Multipro-duct Firms
Saul Lach and Daniel Tsiddon
- h0057 June 1994 Appendix to: "How America Graduated from High School, 1910 to 1960", Construction of State-Level Secondary School Data
Claudia Goldin
- t0157 June 1994 Econometric Mixture Models and More General Models for Unobservables in Duration Analysis
James J. Heckman and Christopher R. Taber
- h0056 June 1994 "The Population of the United States, 1790-1920"
Michael R. Haines
- t0156 June 1994 Small Sample Bias in GMM Estimation of Covariance Structures
Joseph G. Altonji and Lewis M. Segal
- w4757 June 1994 The Effect of the Minimum Wage When It Really Bites: A Reexamination of the Evidence from Puerto Rico
Alan B. Krueger
- w4761 June 1994 Toward a Modern Macroeconomic Model Usable for Policy Analysis
Eric M. Leeper and Christopher A. Sims
- w4760 June 1994 Steel Protection in the 1980s: The Waning Influence of Big Steel?
Michael O. Moore
- t0158 June 1994 Biases in Twin Estimates of the Return to Schooling: A Note on Recent Research
David Neumark
- w4767 June 1994 Agglomeration Benefits and Location Choice: Evidence from Japanese Manufacturing Investment in the United States
Keith Head, John Ries, and Deborah Swenson
- w4766 June 1994 Mass Layoffs and Unemployment
Andrew Caplin and John Leahy
- w4764 June 1994 Taxes and Fringe Benefits Offered by Employers
William M. Gentry and Eric Peress
- w4765 June 1994 What Ends Recessions?
Christina D. Romer and David H. Romer
- w4763 June 1994 Interstate Cigarette Bootlegging: Extent, Revenue Losses, and Effects of Government Intervention
Marie C. Thursby and Jerry G. Thursby
- w4762 June 1994 How America Graduated from High School: 1910 to 1960
Claudia Goldin
- w4773 June 1994 Policy Transferability and Hysteresis: Daily and Weekly Hours in the BRD and the US
Daniel S. Hamermesh
- w4772 June 1994 Trade and Industrial Policy Reform in Latin America
Sebastian Edwards
- w4771 June 1994 Relative Wage Movements and the Distribution of Consumption
Orazio Attanasio and Steven J. Davis
- w4770 June 1994 Estimating a Wage Curve for Britain 1973-1990
David G. Blanchflower and Andrew J. Oswald
- w4769 June 1994 Macroeconomic Adjustment with Segmented Labor Markets
Pierre-Richard Agenor and Joshua Aizenman
- w4768 June 1994 On the Timing and Efficiency of Creative Destruction
Ricardo J. Caballero and Mohamad L. Hammour
- w4778 June 1994 Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift?
Roni Michaely, Richard H. Thaler, and Kent Womack
- w4777 June 1994 Financial Decision-Making in Markets and Firms: A Behavioral Perspective
Werner F. M. De Bondt and Richard H. Thaler
- w4775 June 1994 Rental Adjustment & Valuation of Real Estate in Overbuilt Markets: Fundamental vs. Reported Office Market Values in Sydney Australia
Patric H. Hendershott
- w4776 June 1994 Internal versus External Capital Markets
Robert H. Gertner, David S. Scharfstein, and Jeremy C. Stein
- w4774 June 1994 Bubbles in Metropolitan Housing Markets
Jesse M. Abraham and Patric H. Hendershott
- w4786 June 1994 Effectiveness of Government Policy: An Experience from a National HealthCare System
Tetsuji Yamada, Tadashi Yamada, Chang Gun Kim, and Haruko Noguchi
- w4787 June 1994 "Unemployment Insurance Benefits and Takeup Rates"
Patricia M. Anderson and Bruce D. Meyer
- w4784 June 1994 Mathematical Achievement in Eighth Grade: Interstate and Racial Differences
Victor R. Fuchs and Diane M. Reklis
- h0058 June 1994 Labor Markets in the Twentieth Century
Claudia Goldin
- t0159 June 1994 Interpreting Tests of the Convergence Hypothesis
Andrew B. Bernard and Steven N. Durlauf
- w4780 June 1994 Investment with Uncertain Tax Policy: Does Random Tax Policy Discourage Investment?
Kevin Hassett and Gilbert E. Metcalf
- w4779 June 1994 Technological Linkages, Market Structure, and Optimum Production Policies
Douglas Holtz-Eakin and Mary E. Lovely
- w4782 June 1994 Waves of Creative Destruction: Customer Bases and the Dynamics of Innovation
Jeremy C. Stein
- w4781 June 1994 Agglomeration and the Price of Land: Evidence from the Prefectures
Robert Dekle and Jonathan Eaton
- w4783 June 1994 The Alternative Minimum Tax and the Behavior of Multinational Corporations
Andrew B. Lyon and Gerald Silverstein
- w4785 June 1994 Can State Taxes Redistribute Income?
Martin Feldstein and Marian Vaillant
- w4729 May 1994 Training and the Growth of Wage Inequality
Jill Constantine and David Neumark
- w4730 May 1994 Externalities and Industrial Development
J. Vernon Henderson
- w4731 May 1994 An Analysis of Fee-Shifting Based on the Margin of Victory: On FrivolousSuits, Meritorious Suits and the Role of Rule 11
Lucian Arye Bebchuk and Howard F. Chang
- w4726 May 1994 A Comparison of Job Creation and Job Destruction in Canada and the United States
John Baldwin, Timothy Dunne, and John Haltiwanger
- w4727 May 1994 Transaction Costs in Dealer Markets: Evidence From The London Stock Exchange
Peter C. Reiss and Ingrid M. Werner
- w4728 May 1994 Cities and Skills
Edward L. Glaeser and David C. Mare
- w4738 May 1994 Insignificant and Inconsequential Hysteresis: The Case of the U.S. Bilateral Trade
David C. Parsley and Shang-Jin Wei
- w4733 May 1994 British Unions in Decline: An Examination of the 1980s Fall in Trade Union Recognition
Richard Disney, Amanda Gosling, and Stephen Machin
- w4732 May 1994 Trade Unions and the Dispersion of Earnings in British Establishments, 1980-90
Amanda Gosling and Stephen Machin
- w4736 May 1994 On the Speed of Transition Central Europe
Philippe Aghion and Olivier Jean Blanchard
- w4737 May 1994 Anticipations of Foreign Exchange Volatility and Bid-Ask Spreads
Shang-Jin Wei
- w4739 May 1994 "Learning By Doing and the Choice of Technology."
Boyan Jovanovic and Yaw Nyarko
- w4734 May 1994 The Distribution of Public Sector Wage Premia: New Evidence Using Quantile Regression Methods
James M. Poterba and Kim S. Rueben
- w4735 May 1994 The Soviet Economic Decline: Historical and Republican Data
William Easterly and Stanley Fischer
- w4740 May 1994 The Legacy of Communist Labor Relations
David G. Blanchflower and Richard B. Freeman
- w4745 May 1994 Trade Politics and the Semiconductor Industry
Douglas A. Irwin
- w4746 May 1994 The Political-Economy of U.S. Automobile Protection
Douglas R. Nelson
- w4744 May 1994 Localization Economies, Vertical Organization and Trade
Gordon H. Hanson
- w4743 May 1994 Information, Trading and Stock Returns: Lessons from Dually-Listed Securities
K.C. Chan, Wai-Ming Fong, and Rene M. Stulz
- w4742 May 1994 The Effects of Minimum Wages on Employment: Theory and Evidence from the US
Richard Dickens, Stephen Machin, and Alan Manning
- w4741 May 1994 Downsizing and Productivity Growth: Myth or Reality?
Martin Neil Baily, Eric J. Bartelsman, and John Haltiwanger
- t0155 May 1994 Small Sample Properties of Generalized Method of Moments Based Wald Tests
Craig Burnside and Martin Eichenbaum
- w4747 May 1994 The Political Economy of U.S. Export Subsidies for Wheat
Bruce L. Gardner
- w4751 May 1994 The MFA Paradox: More Protection and More Trade?
J. Michael Finger and Ann Harrison
- w4750 May 1994 The Consumption Smoothing Benefits of Unemployment Insurance
Jonathan Gruber
- w4749 May 1994 Precedent and Legal Argument in U.S. Trade Policy: Do They Matter To The Political Economy of the Lumber Dispute?
Joseph P. Kalt
- w4748 May 1994 The Impact of Wage Structure on Trends in U.S. Gender Wage Differentials 1975-1987
Francine D. Blau and Lawrence M. Kahn
- w4752 May 1994 The Great Wars, The Great Crash, and the Unit Root Hypothesis: Some New Evidence About an Old Stylized Fact
Dan Ben-David and David H. Papell
- w4753 May 1994 American Regionalism and Global Free Trade
Edward E. Leamer
- w4754 May 1994 Changes in the Structure of Family Income Inequality in the United States and Other Industrial Nationa During the 1980s
McKinley L. Blackburn and David E. Bloom
- w4755 May 1994 Changing Wage Structure and Black-White Differentials Among Men and Women: A Longitudinal Analysis
David Card and Thomas Lemieux
- t0098 May 1994 Do Short-Term Managerial Objectives Lead to Under- or Over-Investment in Long-Term Projects
Lucian Arye Bebchuk and Lars A. Stole
- t0084 May 1994 The Ramsey Problem for Congestible Facilities
Richard Arnott and Marvin Kraus
- w4695 April 1994 Issues in the Industrial Organization of the Market for Physician Services
Martin Gaynor
- t0154 April 1994 When Are Anonymous Congestion Charges Consistent with Marginal Cost Pricing?
Richard Arnott and Marvin Kraus
- w4693 April 1994 Exchange Rate Dynamics Redux
Maurice Obstfeld and Kenneth Rogoff
- w4692 April 1994 Monetary Policy Rules and Financial Stability
Bennett T. McCallum
- w4694 April 1994 Can Foreign Aid Accelerate Stabilization?
Alessandra Casella and Barry Eichengreen
- w4700 April 1994 Information and the Demand for Supplemental Medicare Insurance
Paul Gertler, Roland Sturm, and Bruce Davidson
- w4699 April 1994 The Effects of Monetary Policy Shocks: Some Evidence from the Flow of Funds
Lawrence J. Christiano, Martin Eichenbaum, and Charles Evans
- w4698 April 1994 Shocks
John H. Cochrane
- w4710 April 1994 U.S. Foreign Trade and the Balance of Payments, 1800-1913
Robert E. Lipsey
- w4709 April 1994 The U.S. Fiscal Problem: Where We Are, How We Got Here and Where We're Going
Alan J. Auerbach
- w4708 April 1994 Alcohol Advertising and Motor Vehicle Fatalities
Henry Saffer
- w4697 April 1994 Macroeconomic Stabilization in Latin America: Recent Experience and Some Sequencing Issues
Sebastian Edwards
- w4696 April 1994 Measuring Industry Specific Protection: Antidumping in the United States
Robert W. Staiger and Frank A. Wolak
- h0055 April 1994 Agricultural Decline and the Secular Rise in Male Retirement Rates
Dora L. Costa
- w4701 April 1994 How Much Did Capital Forbearance Add to the Cost of the S&L Insurance Mess
Edward J. Kane and Min-Teh Yu
- w4702 April 1994 Portfolio Inefficiency and the Cross-Section of Expected Returns
Shmuel Kandel and Robert F. Stambaugh
- w4703 April 1994 The Tax Sensitivity of Foreign Direct Investment: Evidence from Firm-Level Panel Data
Jason G. Cummins and R. Glenn Hubbard
- w4704 April 1994 Executive Pay and Performance: Evidence from the U.S. Banking Industry
R. Glenn Hubbard and Darius Palia
- w4705 April 1994 Recent Developments in the Marriage Tax
Daniel R. Feenberg and Harvey S. Rosen
- w4706 April 1994 A Semi-Classical Model of Price Level Adjustment
Bennett T. McCallum
- w4707 April 1994 The U-Shaped Female Labor Force Function in Economic Development and Economic History
Claudia Goldin
- w4715 April 1994 Trade and Circuses: Explaining Urban Giants
Alberto F. Ades and Edward L. Glaeser
- w4713 April 1994 Regional Adjustment to Trade Liberalization
Gordon H. Hanson
- w4712 April 1994 U.S. Interest Allocation Rules: Effects and Policy
Rosanne Altshuler and Jack Mintz
- w4711 April 1994 "Convergence in the Age of Mass Migration"
Alan M. Taylor and Jeffrey G. Williamson
- w4714 April 1994 Evidence on Growth, Increasing Returns and the Extent of the Market
Alberto F. Ades and Edward L. Glaeser
- w4718 April 1994 A Nonparametric Approach to Pricing and Hedging Derivative Securities Via Learning Networks
James M. Hutchinson, Andrew W. Lo, and Tomaso Poggio
- w4716 April 1994 Trade, Wages and Revolving Door Ideas
Edward E. Leamer
- w4717 April 1994 A Stock Index Mutual Fund Without Net Capital Gains Realizations
Joel M. Dickson and John B. Shoven
- w4724 April 1994 The Valuation of Cash Flow Forecasts: An Empirical Analysis
Steven N. Kaplan and Richard S. Ruback
- w4723 April 1994 Firm Diversification and CEO Compensation: Managerial Ability or Executive Entrenchment?
Nancy L. Rose and Andrea Shepard
- w4722 April 1994 Testing Static Trade-off Against Pecking Order Models of Capital Structure
Lakshmi Shyam-Sunder and Stewart C. Myers
- w4721 April 1994 Congressional Distributive Politics and State Economic Performance
Steven D. Levitt and James M. Poterba
- w4720 April 1994 Implementing Option Pricing Models When Asset Returns Are Predictable
Andrew W. Lo and Jiang Wang
- w4719 April 1994 Reconsidering the Costs of Business Cycles with Incomplete Markets
Andrew Atkeson and Christopher Phelan
- w4725 April 1994 Capital Goods Imports and Long-Run Growth
Jong-Wha Lee
- t0129 April 1994 Asypmtotic Filtering Theory for Univariate Arch Models
Daniel B. Nelson and Dean P. Foster
- t0085 April 1994 On the Formulation of Uniform Laws of Large Numbers: A Truncation Approach
Benedikt M. Potscher and Ingmar R. Prucha
- r1871 April 1994 The Diversification of Production
Boyan Jovanovic
- r1870 April 1994 Implementing a National Technology Strategy with Self-Organizing Industry Investment Boards
Paul M. Romer
- r1869 April 1994 Looting: The Economic Underworld of Bankruptcy for Profit
George A. Akerlof and Paul M. Romer
- w4668 March 1994 The Effects of Outbound Foreign Direct Investment on the Domestic Capital Stock
Martin Feldstein
- w4667 March 1994 Do Repatriation Taxes Matter? Evidence from the Tax Returns of U.S. Multinationals
Rosanne Altshuler, T. Scott Newlon, and William C. Randolph
- w4666 March 1994 The Impact of Demographics on Housing and Non-Housing Wealth in the United States
Hilary Williamson Hoynes and Daniel McFadden
- w4665 March 1994 The Consequences of Population Aging on Private Pension Fund Saving and Asset Markets
Sylvester J. Schieber and John B. Shoven
- w4674 March 1994 Developments in Collective Bargaining in Construction in the 1980s and 1990s
Steven G. Allen
- w4675 March 1994 Factor Hoarding and the Propagation of Business Cycles Shocks
Craig Burnside and Martin Eichenbaum
- w4673 March 1994 The Impact of Prenatal Exposure to Cocaine on Newborn Costs and Length of Stay
Theodore Joyce, Andrew D. Racine, Sandra McCalla, and Hassan Wehbeh
- w4672 March 1994 The Changing Labor Market Position of Canadian Immigrants
David E. Bloom, Gilles Grenier, and Morley Gunderson
- w4685 March 1994 Accounting Standards, Information Flow, and Firm Investment Behavior
Jason G. Cummins, Trevor S. Harris, and Kevin A. Hassett
- w4684 March 1994 Wage Inequality and Industrial Change: Evidence from Five Decades
Chinhui Juhn
- w4683 March 1994 Foreign Direct Investment, Employment Volatility and Cyclical Dumping
Joshua Aizenman
- w4682 March 1994 International R&D Spillovers Between U.S. and Japanese R&D Intensive Sectors
Jeffrey I. Bernstein and Pierre Mohnen
- w4669 March 1994 Do Teachers' Race, Gender, and Ethnicity Matter?: Evidence from NELS88
Ronald G. Ehrenberg, Daniel D. Goldhaber, and Dominic J. Brewer
- w4671 March 1994 Quality Change and other Influences on Measures of Export Prices of Manufactured Goods and the Terms of Trade between Primary Products and Manufacture
Robert E. Lipsey
- w4670 March 1994 "Household Responses for Pricing Garbage by the Bag,"
Don Fullerton and Thomas C. Kinnaman
- w4676 March 1994 Reverse Engineering the Yield Curve
David K. Backus and Stanley E. Zin
- h0054 March 1994 The Relevance of Malthus for the Study of Mortality Today: Long-Run Influences on Health, Mortality, Labor Force Participation, and Population Growth
Robert W. Fogel
- w4677 March 1994 A Sticky-Price Manifesto
Laurence Ball and N. Gregory Mankiw
- w4678 March 1994 International Differences in Male Wage Inequality: Institutions versus Market Forces
Francine D. Blau and Lawrence M. Kahn
- w4679 March 1994 Minimum Wage Effects on Employment and School Enrollment
David Neumark and William Wascher
- w4680 March 1994 The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience
Alwyn Young
- w4681 March 1994 Policy, Technology Adoption, and Growth
William Easterly, Robert King, Ross Levine, and Sergio Rebelo
- w4691 March 1994 Outward Direct Investment and the U.S. Economy
Robert E. Lipsey
- w4690 March 1994 Why Is There Corporate Taxation In a Small Open Economy? The Role of Transfer Pricing and Income Shifting
Roger H. Gordon and Jeffrey K. MacKie-Mason
- w4689 March 1994 Taxes, Leverage and the National Return on Outbound Foreign Direct Investment
Martin Feldstein
- w4687 March 1994 The Economics of Adjustment
Andrew Caplin and John Leahy
- w4688 March 1994 Why Do Wage Profiles Slope Upwards? Tests of the General Human Capital Model
David Neumark and Paul Taubman
- w4686 March 1994 Cross-Border Banking
Jonathan Eaton
- r1858 March 1994 Industrial Research during the 1980s: Did the Rate of Return Fall?
Bronwyn H. Hall
- w4635 February 1994 Employee Decisions with Respect to 401(k) Plans: Evidence From Individual-Level Data
Andrea L. Kusko, James M. Poterba, and David W. Wilcox
- w4634 February 1994 Economic Growth and the Environment
Gene M. Grossman and Alan B. Krueger
- t0153 February 1994 Assessing Specification Errors in Stochastic Discount Factor Models
Lars Peter Hansen and Ravi Jagannathan
- w4636 February 1994 Preventing Financial Crises: An International Perspective
Frederic S. Mishkin
- w4640 February 1994 The Logic of Currency Crises
Maurice Obstfeld
- w4642 February 1994 France and the Bretton Woods International Monetary System: 1960-1968
Michael D. Bordo, Dominique Simard, and Eugene White
- w4643 February 1994 Measuring Business Cycles: A Modern Perspective
Francis X. Diebold and Glenn D. Rudebusch
- w4639 February 1994 Home Country Effects of Foreign Direct Investment: Evidence from Sweden
Magnus Blomstrom and Ari Kokko
- w4641 February 1994 Long-Run Convergence of Ethnic Skill Differentials
George J. Borjas
- w4637 February 1994 The Political Economy of Budget Deficits
Alberto Alesina and Roberto Perotti
- w4644 February 1994 Saving Babies: The Efficacy and Cost of Recent Expansions of Medicaid Eligibility for Pregnant Women
Janet Currie and Jonathan Gruber
- w4647 February 1994 Did Computer Technology Diffuse Quickly?: Best and Average Practice in Mainframe Computers, 1968-1983
Shane M. Greenstein
- w4648 February 1994 "The Federal Deposit Insurance Fund That Didn't Put A Bite on U.S. Tax Payers"
Edward J. Kane and Robert Hendershott
- w4646 February 1994 A Model of Research, Patenting, and Technological Change
Samuel Kortum
- w4650 February 1994 Is the Business Cycles a Necessary Consequence of Stochastic Growth?
Julio J. Rotemberg and Michael Woodford
- w4649 February 1994 Health, Income, and Risk Aversion: Assessing Some Welfare Costs of Alcoholism and Poor Health
John Mullahy and Jody L. Sindelar
- w4645 February 1994 International Portfolio Choice and Asset Pricing: An Integrative Survey
Rene M. Stulz
- w4652 February 1994 Non-Leaky Buckets: Optimal Redistributive Taxation and Agency Costs
Karla Hoff and Andrew B. Lyon
- w4651 February 1994 Explaining the Duration of Exchange-Rate Pegs
Michael W. Klein and Nancy P. Marion
- w4654 February 1994 Asset Sales, Firm Performance, and the Agency Costs of Managerial Discretion
Larry Lang, Annette Poulsen, and Rene M. Stulz
- w4653 February 1994 Intellectual Capital and the Birth of U.S. Biotechnology Enterprises
Lynne G. Zucker, Michael R. Darby, and Marilynn B. Brewer
- w4657 February 1994 A Test of the International CAPM Using Business Cycles Indicators as Instrumental Variables
Bernard Dumas
- w4656 February 1994 On The Need For Fiscal Discipline in an Union
Joshua Aizenman
- w4655 February 1994 Relative Returns on Equities in Pacific Basin Countries
Charles Engel and John H. Rogers
- w4664 February 1994 Updated Notes on the Interindustry Wage Structure
Steven G. Allen
- w4663 February 1994 The Impact of the Federal Reserve Bank's Open Market Operations
Campbell R. Harvey and Roger D. Huang
- w4662 February 1994 Do Youths Substitute Alcohol and Marijuana? Some Econometric Evidence
Frank J. Chaloupka and Adit Laixuthai
- w4660 February 1994 What Determines Expected International Asset Returns?
Campbell R. Harvey, Bruno Solnik, and Guofu Zhou
- w4661 February 1994 Fixed Exchange Rates, Inflation and Macroeconomic Discipline
Sebastian Edwards and Fernando J. Losada
- w4638 February 1994 Economic Growth, Population Theory, and Physiology: The Bearing of Long-Term Processes on the Making of Economic Policy
Robert W. Fogel
- w4659 February 1994 Balanced and Unbalanced Growth
James E. Rauch
- w4658 February 1994 Sources of Real Exchange Rate Fluctuations: How Important are Nominal Shocks?
Richard Clarida and Jordi Gali
- r1839 January 1994 Should Employees be Subject to Fines and Imprisonment Given the Existence of Corporate Liability
A. Mitchell Polinsky and Steven Shavell
- w4614 January 1994 Capital Market Imperfections and Countercyclical Markups: Theory and Evidence
Judith A. Chevalier and David S. Scharfstein
- w4613 January 1994 Retirement Incentives: The Interaction between Employer-Provided Pensions, Social Security, and Retiree Health Benefits
Robin L. Lumsdaine, James H. Stock, and David A. Wise
- w4612 January 1994 Cities and Growth: Theory and Evidence from France and Japan
Jonathan Eaton and Zvi Eckstein
- w4611 January 1994 International Equity Transactions and U.S. Portfolio Choice
Linda L. Tesar and Ingrid M. Werner
- w4610 January 1994 Quality Improvements in Models of Growth
Robert J. Barro and Xavier Sala-i-Martin
- w4609 January 1994 The Best Business Schools: A Market Based Approach
Joseph Tracy and Joel Waldfogel
- w4608 January 1994 Auctions vs. Negotiations
Jeremy Bulow and Paul Klemperer
- w4607 January 1994 Transfer Behavior: Measurement and the Redistribution of Resources within the Family
Kathleen McGarry and Robert F. Schoeni
- w4627 January 1994 The New York Stock Market in the 1920s and 1930s: Did Stock Prices Move Together Too Much?
Eugene N. White and Peter Rappoport
- w4626 January 1994 The New Regionalism: Trade Liberalization or Insurance?
Carlo Perroni and John Whalley
- w4625 January 1994 New Facts About Factor-Demand Dynamics: Employment, Jobs, and Workers
Daniel S. Hamermesh, Wolter H. J. Hassink, and Jan C. van Ours
- t0152 January 1994 The Predictive Ability of Several Models of Exchange Rate Volatility
Kenneth D. West and Dongchul Cho
- w4624 January 1994 The Implications of First-Order Risk Aversion for Asset Market Risk Premiums
Geert Bekaert, Robert J. Hodrick, and David A. Marshall
- t0151 January 1994 Instrumental Variables Regression with Weak Instruments
Douglas Staiger and James H. Stock
- t0149 January 1994 Making the Most Out Of Social Experiments: Reducing the Intrinsic Uncertainty in Evidence from Randomized Trials with an Application to the JTPA Exp
Nancy Clements, James Heckman, and Jeffrey Smith
- h0053 January 1994 Employer Recruitment and the Integration of Industrial Labor Markets 1870-1914
Joshua L. Rosenbloom
- w4622 January 1994 Sources of Risk and Expected Returns in Global Equity Markets
Wayne E. Ferson and Campbell R. Harvey
- w4623 January 1994 Conditional Asset Allocation in Emerging Markets
Campbell R. Harvey
- w4621 January 1994 Predictable Risk and Returns in Emerging Markets
Campbell R. Harvey
- w4620 January 1994 A Theory of Gradual Trade Liberalization
Robert W. Staiger
- w4619 January 1994 Lifecycle vs. Annual Perspectives on the Incidence of A Value Added Tax
Gilbert E. Metcalf
- w4618 January 1994 The Role of Exclusive Territories in Producers' Competition
Patrick Rey and Joseph Stiglitz
- w4617 January 1994 Minimum Wage Effects and Low-Wage Labor Markets: A Disequilibrium Approach
David Neumark and William Wascher
- w4616 January 1994 Fluctuations, Instability, and Agglomeration
Paul Krugman
- w4615 January 1994 Structural Flexibility: A Partial Ordering
Kala Krishna and Marie Thursby
- w4629 January 1994 Retirement in a Family Context: A Structural Model for Husbands and Wives
Alan L. Gustman and Thomas L. Steinmeier
- w4628 January 1994 Evaluating Labour Adjustment Costs from Trade Shocks: Illustrations for the U.S. Economy Using an Applied General Equilibrium Model With Transactions
Ramon L. Clarete, Irene Trela, and John Whalley
- w4633 January 1994 Monetary Policy with Flexible Exchange Rates and Forward Interest Rates as Indicators
Lars E.O. Svensson
- w4630 January 1994 Exchange Rate Volatility, Monetary Policy, and Capital Mobility: Empirical Evidence on the Holy Trinity
Andrew K. Rose
- w4631 January 1994 Accuracy, Complexity, and the Income Tax
Louis Kaplow
- w4632 January 1994 "Public Sector Pension Governance and Performance"
Olivia S. Mitchell and Ping Lung Hsin
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