Papers Issued in 2001
- w8694 December 2001 Throwing Good Money After Bad? Board Connections and Conflicts in Bank Lending
Randall S. Kroszner and Philip E. Strahan
- w8695 December 2001 The Epidemiology of Macroeconomic Expectations
Christopher D. Carroll
- w8696 December 2001 Cities and Warfare: The Impact of Terrorism on Urban Form
Edward L. Glaeser and Jesse M. Shapiro
- w8691 December 2001 The Impact of Tobacco Control Program Expenditures on Aggregate Cigarette Sales: 1981-1998
Matthew C. Farrelly, Terry F. Pechacek, and Frank J. Chaloupka
- w8692 December 2001 The Welfare Cost of Autarky: Evidence from the Jeffersonian Trade Embargo, 1807-1809
Douglas A. Irwin
- w8693 December 2001 Political Competition with Campaign Contributions and Informative Advertising
Stephen Coate
- w8689 December 2001 The Optimal Tax on Antebellum U.S. Cotton Exports
Douglas A. Irwin
- w8690 December 2001 A Note on Inflation Persistence
Steinar Holden and John C. Driscoll
- w8684 December 2001 Monetary Policy, Interest Rate Rules, and Inflation Targeting: Some Basic Equivalences
Carlos A. Vegh
- w8685 December 2001 Economic Growth and the Demographic Transition
David E. Bloom, David Canning, and Jaypee Sevilla
- w8688 December 2001 Moral Rules and the Moral Sentiments: Toward a Theory of an Optimal Moral System
Louis Kaplow and Steven Shavell
- w8687 December 2001 Household Electricity Demand, Revisited
Peter C. Reiss and Matthew W. White
- w8686 December 2001 Equity Portfolio Diversification
William N. Goetzmann and Alok Kumar
- w8679 December 2001 Competition and Intervention in Sovereign Debt Markets
Bernhard Paasche and Stanley E. Zin
- w8680 December 2001 Corporate Governance and the Home Bias
Lee Pinkowitz, Rene M. Stulz, and Rohan Williamson
- w8681 December 2001 The Advantage of Transparent Instruments of Monetary Policy
Andrew Atkeson and Patrick J. Kehoe
- w8682 December 2001 An Evaluation of Multi-Factor CIR Models Using LIBOR, Swap Rates, and Cap and Swaption Prices
Ravi Jagannathan, Andrew Kaplin, and Steve Guoqiang Sun
- w8683 December 2001 Model Uncertainty and Liquidity
Bryan R. Routledge and Stanley E. Zin
- w8669 December 2001 Risk Taking, Limited Liability and the Competition of Bank Regulators
Hans-Werner Sinn
- w8670 December 2001 The Supplemental Security Income Program and Incentives to Take Up Social Security Early Retirement: Empirical Evidence from Matched SIPP and Social..
Elizabeth Powers and David Neumark
- w8671 December 2001 Dollarization, Inflation and Growth
Sebastian Edwards and I. Igal Magendzo
- w8672 December 2001 Consumer Response to Tax Rebates
Matthew D. Shapiro and Joel Slemrod
- w8673 December 2001 Imperfect Common Knowledge and the Effects of Monetary Policy
Michael Woodford
- w8674 December 2001 Monetary Policy in the Information Economy
Michael Woodford
- w8675 December 2001 Specialization and the Volume of Trade: Do the Data Obey the Laws?
James Harrigan
- w8678 December 2001 Expectations of Equity Risk Premia, Volatility and Asymmetry from a Corporate Finance Perspective
John R. Graham and Campbell R. Harvey
- w8677 December 2001 The Effect of New Drugs on Mortality from Rare Diseases and HIV
Frank R. Lichtenberg
- w8676 December 2001 The Transition to a New Economy After the Second Industrial Revolution
Andrew Atkeson and Patrick J. Kehoe
- w8668 December 2001 Consumer Information and Price Discrimination: Does the Internet Affect the Pricing of New Cars to Women and Minorities?
Fiona Scott Morton, Florian Zettelmeyer, and Jorge Silva-Risso
- h0137 December 2001 Short-Term Loans and Long-Term Relationships: Relationship Lending in Early America
Howard Bodenhorn
- w8663 December 2001 Attrition Bias in Economic Relationships Estimated with Matched CPS Files
David Neumark and Daiji Kawaguchi
- w8664 December 2001 Selection and Oversight in the Public Sector, With the Los Angeles Police Department as an Example
Canice Prendergast
- w8665 December 2001 Foreign Direct Investment and the Operations of Multinational Firms: Concepts, History, and Data
Robert E. Lipsey
- w8666 December 2001 Risk, Mispricing, and Asset Allocation: Conditioning on Dividend Yield
Jay Shanken and Ane Tamayo
- w8667 December 2001 Cowboys or Cowards: Why are Internet Car Prices Lower?
Florian Zettelmeyer, Fiona Scott Morton, and Jorge Silva-Risso
- w8662 December 2001 Puzzles Over International Taxation of Cross Border Flows of Capital Income
John Whalley
- w8661 December 2001 Executive Compensation in America: Optimal Contracting or Extraction of Rents?
Lucian Arye Bebchuk, Jesse M. Fried, and David I. Walker
- w8657 December 2001 Taxes and Health Insurance
Jonathan Gruber
- w8658 December 2001 The Retirement Incentive Effects of Canada's Income Security Programs
Michael Baker, Jonathan Gruber, and Kevin Milligan
- w8659 December 2001 Why International Equity Inflows to Emerging Markets are Inefficient and Small Relative to International Debt Flows
Assaf Razin, Efraim Sadka, and Chi-Wa Yuen
- w8660 December 2001 Protective or Counter-Productive? European Labor Market Institutions and the Effect of Immigrants on EU Natives
Joshua Angrist and Adriana Kugler
- w8656 December 2001 Enforcing Intellectual Property Rights
Jean Olson Lanjouw and Mark Schankerman
- w8654 December 2001 The Mysterious Growing Value of S&P 500 Membership
Randall Morck and Fan Yang
- w8655 December 2001 Defined Contribution Pensions: Plan Rules, Participant Decisions, and the Path of Least Resistance
James J. Choi, David Laibson, Brigitte C. Madrian, and Andrew Metrick
- w8648 December 2001 Airbus versus Boeing Revisited: International Competition in the Aircraft Market
Douglas A. Irwin and Nina Pavcnik
- w8647 December 2001 What Does the European Union Do?
Alberto Alesina, Ignazio Angeloni, and Ludger Schuknecht
- w8652 December 2001 The Optimal Concentration of Creditors
Arturo Bris and Ivo Welch
- w8653 December 2001 Copycat Funds: Information Disclosure Regulation and the Returns to Active Management in the Mutual Fund Industry
Mary Margaret Myers, James M. Poterba, and Douglas A. Shackelford
- w8651 December 2001 For Better or For Worse: Default Effects and 401(k) Savings Behavior
James J. Choi, David Laibson, Brigitte C. Madrian, and Andrew Metrick
- w8650 December 2001 The Rise of the Regulatory State
Edward L. Glaeser and Andrei Shleifer
- w8649 December 2001 On the Invariance of the Rate of Return to Convex Adjustment Costs
Andrew B. Abel
- w8646 December 2001 Institutional Rules for Federations
Alberto Alesina, Ignazio Angeloni, and Federico Etro
- w8640 December 2001 Labor Market Effects of Population Aging
Axel Boersch-Supan
- w8641 December 2001 The Modigliani and Miller Theorem and Market Efficiency
Sheridan Titman
- w8642 December 2001 Efficiency in Marriage
Shelly Lundberg and Robert A. Pollak
- w8643 December 2001 Downside Risk and the Momentum Effect
Andrew Ang, Joseph Chen, and Yuhang Xing
- w8644 December 2001 To Be or Not To Be Innovative: An Exercise in Measurement
Jacques Mairesse and Pierre Mohnen
- w8645 December 2001 The Political Economy of International Unions
Alberto Alesina, Ignazio Angeloni, and Federico Etro
- w8632 December 2001 Payer Type and the Returns to Bypass Surgery: Evidence from Hospital Entry Behavior
Michael Chernew, Gautam Gowrisankaran, and A. Mark Fendrick
- w8633 December 2001 Takeover bids vs. Proxy Fights in Contests for Corporate Control
Lucian Bebchuk and Oliver Hart
- w8634 December 2001 The Role of Industrial Country Policies in Emerging Market Crises
Jeffrey A. Frankel and Nouriel Roubini
- w8635 December 2001 On the Invariance of the Rate of Return to Convex Adjustment Costs
Andrew B. Abel
- w8636 December 2001 The Curse of Non-Investment Grade Countries
Roberto Rigobon
- w8637 December 2001 The Factor Content of Trade
Donald R. Davis and David E. Weinstein
- w8638 December 2001 The Response to Fines and Probability of Detection in a Series of Experiments
Avner Bar-Ilan and Bruce Sacerdote
- w8639 December 2001 Pardons, Executions and Homicide
H. Naci Mocan and R. Kaj Gittings
- w8629 December 2001 Market Entry Costs, Producer Heterogeneity, and Export Dynamics
Sanghamitra Das, Mark J. Roberts, and James R. Tybout
- w8630 December 2001 DotCom Mania: The Rise and Fall of Internet Stock Prices
Eli Ofek and Matthew Richardson
- w8631 December 2001 The Merits of Horizontal versus Vertical FDI in the Presence of Uncertainty
Joshua Aizenman and Nancy Marion
- w8618 December 2001 Short Sales, Damages and Class Certification in 10b-5 Actions
Robert C. Apfel, John E. Parsons, G. William Schwert, and Geoffrey S. Stewart
- w8619 December 2001 Transferability of Migration Licenses and the Distribution of Potential Rents
Laura L. Bivins and Kala Krishna
- w8620 December 2001 Trading Inefficiencies in California's Electricity Markets
Severin Borenstein, James Bushnell, Christopher R. Knittel, and Catherine Wolfram
- w8621 December 2001 Hospitals, Managed Care, and the Charity Caseload in California
Janet Currie and John Fahr
- w8622 December 2001 The Stock Market Crash of 1929: Irving Fisher Was Right!
Ellen R. McGrattan and Edward C. Prescott
- w8623 December 2001 Taxes, Regulations, and Asset Prices
Ellen R. McGrattan and Edward C. Prescott
- w8624 December 2001 Intermedia Substitutability and Market Demand by National Advertisers
Alvin J. Silk, Lisa R. Klein, and Ernst R. Berndt
- w8625 December 2001 Redistribution in the Current U.S. Social Security System
Jeffrey B. Liebman
- w8626 December 2001 Estimation of a Dynamic Auction Game
Mireia Jofre-Bonet and Martin Pesendorfer
- w8627 December 2001 Cowards and Heroes: Group Loyalty in the American Civil War
Dora L. Costa and Matthew E. Kahn
- w8628 December 2001 Area Differences in Utilization of Medical Care and Mortality Among U.S. Elderly
Victor R. Fuchs, Mark McClellan, and Jonathan Skinner
- w8613 December 2001 Public Ownership in the American City
Edward L. Glaeser
- w8614 December 2001 Sticky Information: A Model of Monetary Nonneutrality and Structural Slumps
N. Gregory Mankiw and Ricardo Reis
- w8615 December 2001 Women as Policy Makers: Evidence from a India-Wide Randomized Policy Experiment
Raghabendra Chattopadhyay and Esther Duflo
- w8617 December 2001 The Transmission Mechanism and the Role of Asset Prices in Monetary Policy
Frederic S. Mishkin
- w8616 December 2001 Unraveling Reduces the Scope of an Entry Level Labor Market: Gastroenterology With and Without a Centralized Match
Muriel Niederle and Alvin E. Roth
- w8611 November 2001 Globalization and Inequality: Evidence from Within China
Shang-Jin Wei and Yi Wu
- w8612 November 2001 Long-Term Global Market Correlations
William N. Goetzmann, Lingfeng Li, and K. Geert Rouwenhorst
- t0275 November 2001 Using Weights to Adjust for Sample Selection When Auxiliary Information is Available
Aviv Nevo
- w8606 November 2001 Comparing Wealth Effects: The Stock Market Versus the Housing Market
Karl E. Case, Robert J. Shiller, and John M. Quigley
- w8607 November 2001 Catching Up with the Joneses: Heterogeneous Preferences and the Dynamics of Asset Prices
Yeung Lewis Chan and Leonid Kogan
- w8608 November 2001 Aging and Housing Equity: Another Look
Steven F. Venti and David A. Wise
- w8610 November 2001 The Transition to Personal Accounts and Increasing Retirement Wealth: Macro and Micro Evidence
James M. Poterba, Steven F. Venti, and David A. Wise
- w8609 November 2001 Risk Aversion and Optimal Portfolio Policies in Partial and General Equilibrium Economies
Leonid Kogan and Raman Uppal
- w8590 November 2001 The Empirical Frequency of a Pivotal Vote
Casey B. Mulligan and Charles G. Hunter
- w8591 November 2001 Labor Market Search and Optimal Retirement Policy
Joydeep Bhattacharya, Casey B. Mulligan, and Robert R. Reed III
- h0136 November 2001 The Property Tax as a Coordinating Device: Financing Indiana's Mammoth Internal Improvement System, 1835 to 1842
John Joseph Wallis
- w8592 November 2001 Potential Paths of Social Security Reform
Martin Feldstein and Andrew Samwick
- w8599 November 2001 Why Public Schools Lose Teachers
Eric A. Hanushek, John F. Kain, and Steven G. Rivkin
- w8600 November 2001 Trade Linkages and Output-Multiplier Effects: A Structural VAR Approach with a Focus on Asia
Tilak Abeysinghe and Kristin J. Forbes
- w8601 November 2001 The Out-of-Sample Success of Term Structure Models as Exchange Rate Predictors: A Step Beyond
Richard Clarida, Lucio Sarno, Mark Taylor, and Giorgio Valente
- w8602 November 2001 Living Rationally Under the Volcano? An Empirical Analysis of Heavy Drinking and Smoking
Peter Arcidiacono, Holger Sieg, and Frank Sloan
- w8603 November 2001 The Empirics of Monetary Policy Rules in Open Economies
Richard Clarida
- w8604 November 2001 Optimal Monetary Policy in Closed versus Open Economies: An Integrated Approach
Richard Clarida, Jordi Gali, and Mark Gertler
- w8605 November 2001 The Effect of Education on Crime: Evidence from Prison Inmates, Arrests, and Self-Reports
Lance Lochner and Enrico Moretti
- w8583 November 2001 Aggregate Price Shocks and Financial Stability: The United Kingdom 1796-1999
Michael D. Bordo, Michael J. Dueker, and David C. Wheelock
- w8584 November 2001 Core, Periphery, Exchange Rate Regimes, and Globalization
Michael D. Bordo and Marc Flandreau
- w8598 November 2001 Urban Decline and Durable Housing
Edward L. Glaeser and Joseph Gyourko
- w8597 November 2001 Liquidity Effects in the Bond Market
Boyan Jovanovic and Peter L. Rousseau
- w8595 November 2001 The Changing Role of America's Veterans
Hugh Rockoff
- w8596 November 2001 Technology in the Great Divergence
Gregory Clark and Robert Feenstra
- w8593 November 2001 Pollution Control Innovations and the Clean Air Act of 1990
David Popp
- w8594 November 2001 Event-Study Evidence of the Value of Relaxing Longstanding Regulatory Restraints on Banks, 1970-2000
Kenneth A. Carow and Edward J. Kane
- w8589 November 2001 Learning and the Value of Information: Evidence From Health Plan Report Cards
Michael Chernew, Gautam Gowrisankaran, and Dennis P. Scanlon
- w8587 November 2001 The Effect of Health on Economic Growth: Theory and Evidence
David E. Bloom, David Canning, and Jaypee Sevilla
- w8588 November 2001 Redistribution through Education and Other Transfer Mechanisms
Eric Hanushek, Charles Ka Yui Leung, and Kuzey Yilmaz
- w8585 November 2001 International Spillovers and Water Quality in Rivers: Do Countries Free Ride?
Hilary Sigman
- w8586 November 2001 Biases in the IPO Pricing Process
Michelle Lowry and G. William Schwert
- w8581 November 2001 Affiliate Activity in Japanese and U.S. Multinationals and Japanese Exports, 1986-1995
Robert E. Lipsey and Eric D. Ramstetter
- w8582 November 2001 Bond Market Inflation Expectations in Industrial Countries: Historical Comparisons
Michael D. Bordo and William G. Dewald
- w8579 November 2001 Commodity Market Integration, 1500-2000
Ronald Findlay and Kevin H. O'Rourke
- w8580 November 2001 Love and Money: A Theoretical and Empirical Analysis of Household Sorting and Inequality
Raquel Fernandez, Nezih Guner, and John Knowles
- w8574 November 2001 Gender, Occupation Choice and the Risk of Death at Work
Thomas DeLeire and Helen Levy
- w8575 November 2001 Trade Protection and Wages: Evidence from the Colombian Trade Reforms
Pinelopi K. Goldberg and Nina Pavcnik
- w8576 November 2001 Antidumping and Retaliation Threats
Bruce A. Blonigen and Chad P. Bown
- w8577 November 2001 Are the Japanese Selfish, Altruistic, or Dynastic?
Charles Yuji Horioka
- w8578 November 2001 Job Displacement, Disability, and Divorce
Kerwin Kofi Charles and Melvin Stephens Jr.
- w8569 October 2001 Financial Markets in Times of Stress
Graciela L. Kaminsky and Carmen M. Reinhart
- w8570 October 2001 State and Local Prevalence of Firearms Ownership: Measurement, Structure, and Trends
Deborah Azrael, Philip J. Cook, and Matthew Miller
- w8571 October 2001 After the Epidemic: Recent Trends in Youth Violence in the United States
Philip J. Cook and John H. Laub
- w8572 October 2001 Courts and Relational Contracts
Simon Johnson, John McMillan, and Christopher Woodruff
- w8573 October 2001 International Technology Diffusion
Wolfgang Keller
- w8561 October 2001 Population Aging, Savings Behavior and Capital Markets
Axel H. Boersch-Supan and Joachim K. Winter
- w8562 October 2001 Alcohol Taxes and Labor Market Outcomes
Dhaval Dave and Robert Kaestner
- w8563 October 2001 Were Compulsory Attendance and Child Labor Laws Effective? An Analysis from 1915 to 1939
Adriana Lleras-Muney
- w8564 October 2001 The Distributional Impacts of Indonesia's Financial Crisis on Household Welfare: A "Rapid Response" Methodology
Jed Friedman and James Levinsohn
- w8565 October 2001 Trading Volume: Implications of An Intertemporal Capital Asset Pricing Model
Andrew W. Lo and Jiang Wang
- w8567 October 2001 Developments in Decumulation: The Role of Annuity Products in Financing Retirement
Olivia S. Mitchell
- w8568 October 2001 The Geographic Reach of Market and Non-Market Channels of Technology Transfer: Comparing Citations and Licenses of University Patents
David C. Mowery and Arvids A. Ziedonis
- w8566 October 2001 A Multivariate Model of Strategic Asset Allocation
John Y. Campbell, Yeung Lewis Chan, and Luis M. Viceira
- w8551 October 2001 Tax Rates and Tax Evasion: Evidence from "Missing Imports" in China
Raymond Fisman and Shang-Jin Wei
- w8552 October 2001 Firm Age and Wages
Charles Brown and James L. Medoff
- w8553 October 2001 Aging and International Capital Flows
Axel Boersch-Supan, Alexander Ludwig, and Joachim Winter
- w8554 October 2001 Theoretical and Empirical properties of Dynamic Conditional Correlation Multivariate GARCH
Robert F. Engle and Kevin Sheppard
- w8555 October 2001 Trade in University Training: Cross-State Variation in the Production and Use of College-Educated Labor
John Bound, Jeffrey Groen, Gabor Kezdi, and Sarah Turner
- w8556 October 2001 Changes in the Age Distribution of Mortality Over the 20th Century
David Cutler and Ellen Meara
- w8557 October 2001 The Market for Crash Risk
David S. Bates
- w8558 October 2001 Real Exchange Rate Fluctuations and the Dynamics of Retail Trade Industries on the U.S.-Canada Border
Jeffrey R. Campbell and Beverly Lapham
- w8559 October 2001 Endogenous Currency of Price Setting in a Dynamic Open Economy Model
Michael B. Devereux and Charles Engel
- w8560 October 2001 Migration Consequences of Welfare Reform
Robert Kaestner, Neeraj Kaushal, and Gregg Van Ryzin
- w8546 October 2001 Has "In-Work" Benefit Reform Helped the Labour Market?
Hilary Hoynes and Richard Blundell
- w8547 October 2001 Entry, Pricing and Product Design in an Initially Monopolized Market
Steven J. Davis, Kevin M. Murphy, and Robert H. Topel
- w8548 October 2001 An Empirical Model of Heterogeneous Consumer Search for Retail Prescription Drugs
Alan T. Sorensen
- w8549 October 2001 Masterpieces and Markets: Why the Most Famous Modern Paintings Are Not by American Artists
David W. Galenson
- w8550 October 2001 The Adjustment of Prices and the Adjustment of the Exchange Rate
Charles Engel and James C. Morley
- w8544 October 2001 The Mismatch Between Life Insurance Holdings and Financial Vulnerabilities: Evidence from the Survey of Consumer Finances
B. Douglas Bernheim, Katherine Grace Carman, Jagadeesh Gokhale, and Laurence J. Kotlikoff
- w8545 October 2001 The Adam Klug Memorial Lecture: Haberler versus Nurkse: The Case for Floating Exchange Rates as an Alternative to Bretton Woods?
Michael D. Bordo and Harold James
- w8536 October 2001 Physician Income Expectations and Specialty Choice
Sean Nicholson and Nicholas S. Souleles
- w8537 October 2001 The Effects of Hospital Ownership on Medical Productivity
Daniel Kessler and Mark McClellan
- w8538 October 2001 Why are Foreign Firms Listed in the U.S. Worth More?
Craig Doidge, G. Andrew Karolyi, and Rene M. Stulz
- w8539 October 2001 Money Growth Monitoring and the Taylor Rule
Lawrence J. Christiano and Massimo Rostagno
- w8540 October 2001 International Trade and the Environment: A Framework for Analysis
Brian R. Copeland and M. Scott Taylor
- w8541 October 2001 Immigrant and Native Responses to Welfare Reform
Robert Kaestner and Neeraj Kaushal
- w8542 October 2001 Health and Nutrition in the Preindustrial Era: Insights from a Millennium of Average Heights in Northern Europe
Richard H. Steckel
- w8543 October 2001 What Role for Empirics in International Trade?
Donald R. Davis and David E. Weinstein
- w8533 October 2001 A Rehabilitation of Stochastic Discount Factor Methodology
John H. Cochrane
- w8534 October 2001 Mortality, Income, and Income Inequality Over Time in Britain and the United States
Angus Deaton and Christina Paxson
- w8535 October 2001 What Hurts Most? G-3 Exchange Rate or Interest Rate Volatility
Carmen M. Reinhart and Vincent R. Reinhart
- w8531 October 2001 Medicare Policy in the 1990s
Joseph P. Newhouse
- w8532 October 2001 Bad Politicians
Francesco Caselli and Massimo Morelli
- w8529 October 2001 Exchange Rate Regimes, Capital Flows and Crisis Prevention
Sebastian Edwards
- w8530 October 2001 Demographic Fluctuations, Generational Welfare and Intergenerational Transfers
Alwyn Young
- w8525 October 2001 Information, Decisions, and Productivity: On-Board Computers and Capacity Utilization in Trucking
Thomas N. Hubbard
- w8526 October 2001 Comparative Analysis of Labor Market Outcomes: Lessons for the US from International Long-Run Evidence
Giuseppe Bertola, Francine D. Blau, and Lawrence M. Kahn
- w8527 October 2001 The Economics of Labor Adjustment: Mind the Gap
Russell W. Cooper and Jonathan L. Willis
- w8528 October 2001 Patent Citations and International Knowledge Flow: The Cases of Korea and Taiwan
Albert G.Z. Hu and Adam B. Jaffe
- w8517 October 2001 Bones, Bombs and Break Points: The Geography of Economic Activity
Donald R. Davis and David E. Weinstein
- w8518 October 2001 Market Size, Linkages, and Productivity: A Study of Japanese Regions
Donald R. Davis and David E. Weinstein
- w8519 October 2001 The Economics of Family Structure
Derek Neal
- w8520 October 2001 A Decade Lost and Found: Mexico and Chile in the 1980s
Raphael Bergoeing, Patrick J. Kehoe, Timothy J. Kehoe, and Raimundo Soto
- w8521 October 2001 Cronyism and Capital Controls: Evidence from Malaysia
Simon Johnson and Todd Mitton
- w8522 October 2001 Incentives in HMOs
Martin Gaynor, James B. Rebitzer, and Lowell J. Taylor
- w8523 October 2001 Household Responses to Public Home Care Programs
Peter C. Coyte and Mark Stabile
- w8524 October 2001 Why Doesn't the US Have a European-Style Welfare System?
Alberto Alesina, Edward Glaeser, and Bruce Sacerdote
- w8509 October 2001 The Demand for Variety: A Household Production Perspective
Reuben Gronau and Daniel S. Hamermesh
- w8510 October 2001 An Empirical Investigation of Continuous-Time Equity Return Models
Torben G. Andersen, Luca Benzoni, and Jesper Lund
- w8511 October 2001 Does Drinking Really Decrease in Bad Times?
Christopher J. Ruhm and William E. Black
- w8512 October 2001 The Evolution of Suffrage Institutions in the New World
Stanley L. Engerman and Kenneth L. Sokoloff
- w8513 October 2001 Changes in Unemployment Duration and Labor Force Attachment
Katharine G. Abraham and Robert Shimer
- w8514 October 2001 The Measurement of Medicaid Coverage in the SIPP: Evidence from California, 1990-1996
David Card, Andrew K. G. Hildreth, and Lara D. Shore-Sheppard
- w8515 October 2001 Borders, Trade and Welfare
James E. Anderson and Eric van Wincoop
- w8516 October 2001 Do Factor Endowments Matter for North-North Trade?
Donald R. Davis and David E. Weinstein
- w8507 October 2001 Repatriation Taxes and Dividend Distortions
Mihir A. Desai, C. Fritz Foley, and James R. Hines Jr.
- w8508 October 2001 The Psychophysiology of Real-Time Financial Risk Processing
Andrew W. Lo and Dmitry V. Repin
- w8499 October 2001 Commercializing Knowledge: University Science, Knowledge Capture, and Firm Performance in Biotechnology
Lynne G. Zucker, Michael R. Darby, and Jeff S. Armstrong
- w8500 October 2001 Reforming Budgetary Language
David F. Bradford
- w8501 October 2001 The Assignment of Workers to Jobs In an Economy with Coordination Frictions
Robert Shimer
- w8502 October 2001 Does Peer Ability Affect Student Achievement?
Eric A. Hanushek, John F. Kain, Jacob M. Markman, and Steven G. Rivkin
- w8503 October 2001 When Will the Germans Get Trapped in their Pension System?
Hans-Werner Sinn and Silke Uebelmesser
- w8504 October 2001 Telling from Discrete Data Whether the Underlying Continuous-Time Model is a Diffusion
Yacine Ait-Sahalia
- w8505 October 2001 The Really Long-Run Performance of Initial Public Offerings: The Pre-NASDAQ Evidence
Paul A. Gompers and Josh Lerner
- w8506 October 2001 Volatility Dependence and Contagion in Emerging Equity Markets
Sebastian Edwards and Raul Susmel
- w8494 October 2001 Short Sale Constraints and Stock Returns
Charles M. Jones and Owen A. Lamont
- w8495 October 2001 Does Money Protect Health Status? Evidence from South African Pensions
Anne Case
- w8496 October 2001 Liquidity Constraints and Precautionary Saving
Christopher D. Carroll and Miles S. Kimball
- w8497 October 2001 Bayesian Inference for Hospital Quality in a Selection Model
John Geweke, Gautam Gowrisankaran, and Robert J. Town
- w8498 October 2001 The NBER Patent Citation Data File: Lessons, Insights and Methodological Tools
Bronwyn H. Hall, Adam B. Jaffe, and Manuel Trajtenberg
- w8486 September 2001 Dividend Taxes and Share Prices: Evidence from Real Estate Investment Trusts
William M. Gentry, Deen Kemsley, and Christopher J. Mayer
- w8487 September 2001 The Future of Social Security Pensions in Europe
Martin Feldstein
- w8488 September 2001 Fiscal Policy and Social Security Policy During the 1990s
Douglas W. Elmendorf, Jeffrey B. Liebman, and David W. Wilcox
- w8489 September 2001 An Empirical Analysis of Imprisoning Drug Offenders
Ilyana Kuziemko and Steven D. Levitt
- w8490 September 2001 Insurance and the Utilization of Medical Services Among the Self-Employed
Craig William Perry and Harvey S. Rosen
- w8491 September 2001 Fixed versus Flexible: Lessons from EMS Order Flow
William P. Killeen, Richard K. Lyons, and Michael J. Moore
- w8492 September 2001 Do Rich and Poor Countries Specialize in a Different Mix of Goods? Evidence from Product-Level US Trade Data
Peter K. Schott
- w8493 September 2001 Deposit Insurance Around the Globe: Where Does it Work?
Edward J. Kane and Asli Demirguc-Kunt
- w8485 September 2001 A General Purpose Technology at Work: The Corliss Steam Engine in the late 19th Century US
Nathan Rosenberg and Manuel Trajtenberg
- w8483 September 2001 Will Unionism Prosper in Cyber-Space? The Promise of the Internet for Employee Organization
Wayne J. Diamond and Richard B. Freeman
- w8484 September 2001 The Impacts of Environmental Regulations on Industrial Activity: Evidence from the 1970 & 1977 Clean Air Act Amendments and the Census of Manufactures
Michael Greenstone
- w8475 September 2001 The Effects of Variable Capital Utilization on the Measurement and Properties of Sectoral Productivity: Some International Evidence
Marianne Baxter and Dorsey D. Farr
- w8476 September 2001 Financial Super-Markets: Size Matters for Asset Trade
Philippe Martin and Helene Rey
- w8477 September 2001 Dynamic Pricing in the Presence of Antidumping Policy: Theory and Evidence
Bruce A. Blonigen and Jee-Hyeong Park
- w8478 September 2001 The Economic Costs of Conflict: A Case-Control Study for the Basque Country
Alberto Abadie and Javier Gardeazabal
- w8479 September 2001 Disruption versus Tiebout Improvement: The Costs and Benefits of Switching Schools
Eric A. Hanushek, John F. Kain, and Steven G. Rivkin
- w8466 September 2001 Accounting for the Black-White Wealth Gap: A Nonparametric Approach
Robert Barsky, John Bound, Kerwin Charles, and Joseph Lupton
- w8467 September 2001 Income Inequality in the United States, 1913-1998 (series updated to 2000 available)
Thomas Piketty and Emmanuel Saez
- w8468 September 2001 Limiting Currency Volatility to Stimulate Goods Market Integration: A Price Based Approach
David C. Parsley and Shang-Jin Wei
- w8469 September 2001 From Wild West to the Godfather: Enforcement Market Structure
James E. Anderson and Oriana Bandiera
- w8470 September 2001 A Fuzzy Logic Approach Toward Solving the Analytic Maze of Health System Financing
Dov Chernichovsky
- w8471 September 2001 U.S. Monetary Policy During the 1990s
N. Gregory Mankiw
- w8472 September 2001 The Information Content of International Portfolio Flows
Kenneth A. Froot and Tarun Ramadorai
- w8473 September 2001 The Role of Permanent Income and Demographics in Black/White Differences in Wealth
Joseph G. Altonji and Ulrich Doraszelski
- w8474 September 2001 Making a Name
Claudia Goldin and Maria Shim
- w8482 September 2001 Pharmaceutical Prices and Political Activity
Sara Fisher Ellison and Catherine Wolfram
- w8481 September 2001 Worms: Education and Health Externalities in Kenya
Edward Miguel and Michael Kremer
- w8480 September 2001 Plant Vintage, Technology, and Environmental Regulation
Wayne B. Gray and Ronald J. Shadbegian
- w8461 September 2001 Why Are Some People (and Countries) More Protectionist Than Others?
Anna Maria Mayda and Dani Rodrik
- w8462 September 2001 Liquidity Risk and Expected Stock Returns
Lubos Pastor and Robert F. Stambaugh
- w8456 September 2001 Instrumental Variables and the Search for Identification: From Supply and Demand to Natural Experiments
Joshua Angrist and Alan B. Krueger
- w8457 September 2001 Tax Credits, the Distribution of Subsidized Health Insurance Premiums, and the Uninsured
Mark V. Pauly, Bradley Herring, and David Song
- w8458 September 2001 Environmental Taxation and Regulation
A. Lans Bovenberg and Lawrence H. Goulder
- w8459 September 2001 A Tariff-Growth Paradox? Protection's Impact the World Around 1875-1997
Michael A. Clemens and Jeffrey G. Williamson
- w8460 September 2001 Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution
Daron Acemoglu, Simon Johnson, and James A. Robinson
- w8464 September 2001 The Economics of Has-Beens
Glenn MacDonald and Michael Weisbach
- w8465 September 2001 Pollution Havens and Foreign Direct Investment: Dirty Secret or Popular Myth?
Beata K. Smarzynska and Shang-Jin Wei
- w8463 September 2001 Shocks and Institutions in a Job Matching Model
Wouter Den Haan, Christian Haefke, and Garey Ramey
- w8451 September 2001 Social Security
Martin Feldstein and Jeffrey B. Liebman
- w8452 September 2001 The Effect of Capital Structure When Expected Agency Costs are Extreme
Campbell R. Harvey, Karl V. Lins, and Andrew H. Roper
- w8453 September 2001 Exchange Rate Exposure
Kathryn M.E. Dominguez and Linda L. Tesar
- w8455 September 2001 Health Policy in the Clinton Era: Once Bitten, Twice Shy
David Cutler and Jonathan Gruber
- w8454 September 2001 U.S. Energy Policy During the 1990s
Paul L. Joskow
- w8414 August 2001 When Does Capital Account Liberalization Help More than It Hurts?
Carlos Arteta, Barry Eichengreen, and Charles Wyplosz
- w8450 August 2001 The Economic Geography of the Internet Age
Edward E. Leamer and Michael Storper
- t0274 August 2001 Simulated Likelihood Estimation of Diffusions with an Application to Exchange Rate Dynamics in Incomplete Markets
Michael W. Brandt and Pedro Santa-Clara
- w8448 August 2001 Shared Modes of Compensation and Firm Performance: UK Evidence
Martin J. Conyon and Richard B. Freeman
- w8449 August 2001 Corporate Governance and Equity Prices
Paul A. Gompers, Joy L. Ishii, and Andrew Metrick
- w8443 August 2001 Between Meltdown and Moral Hazard: The International Monetary and Financial Policies of the Clinton Administration
J. Bradford DeLong and Barry Eichengreen
- w8444 August 2001 The Limits to Wage Growth: Measuring the Growth Rate of Wages For Recent Welfare Leavers
David Card, Charles Michalopoulos, and Philip K. Robins
- w8445 August 2001 Consumers and Agency Problems
Canice J. Prendergast
- w8446 August 2001 Ginis in General Equilibrium: Trade, Technology and Southern Inequality
Susan Chun Zhu and Daniel Trefler
- w8447 August 2001 Economic Expansions Are Unhealthy: Evidence from Microdata
Christopher J. Ruhm
- w8442 August 2001 California's Electricity Crisis
Paul L. Joskow
- w8432 August 2001 Teachers, Race and Student Achievement in a Randomized Experiment
Thomas S. Dee
- w8433 August 2001 Expansion Strategies of U.S. Multinational Firms
Gordon H. Hanson, Raymond J. Mataloni, Jr., and Matthew J. Slaughter
- w8434 August 2001 The Quality Distribution of Jobs and the Structure of Wages in Search Equilibrium
Steven J. Davis
- w8435 August 2001 "Hall of Fame" Voting: The Econometric Society
Daniel S. Hamermesh and Peter Schmidt
- w8436 August 2001 Stock Volatility in the New Millennium: How Wacky Is Nasdaq?
G. William Schwert
- w8437 August 2001 The Clinton Legacy for America's Poor
Rebecca M. Blank and David T. Ellwood
- w8438 August 2001 Does Direct Foreign Investment Affect Domestic Firms' Credit Constraints?
Ann E. Harrison and Margaret S. McMillan
- w8439 August 2001 Stock Market Driven Acquisitions
Andrei Shleifer and Robert W. Vishny
- w8440 August 2001 Foreign Direct Investment in a World of Multiple Taxes
Mihir A. Desai and James R. Hines Jr.
- w8441 August 2001 The Electoral Advantage to Incumbency and Voters' Valuation of Politicians' Experience: A Regression Discontinuity Analysis of Elections to the U.S...
David S. Lee
- w8429 August 2001 The Inter-War Gold Exchange Standard: Credibility and Monetary Independence
Michael D. Bordo and Ronald MacDonald
- w8430 August 2001 The Composite Index of Leading Economic Indicators: How to Make It More Timely
Robert H. McGuckin, Ataman Ozyildirim, and Victor Zarnowitz
- w8431 August 2001 Mobility as Progressivity: Ranking Income Processes According to Equality of Opportunity
Roland Benabou and Efe A. Ok
- w8427 August 2001 Smoothing Sudden Stops
Ricardo Caballero and Arvind Krishnamurthy
- w8428 August 2001 A "Vertical" Analysis of Crises and Intervention: Fear of Floating and Ex-ante Problems
Ricardo Caballero and Arvind Krishnamurthy
- h0135 August 2001 The Poor and the Dead: Socioeconomic Status and Mortality in the U.S., 1850-1860
Joseph P. Ferrie
- w8415 August 2001 Toward a Framework for Improving Health Care Financing for an Aging Population: The Case of Israel
Dov Chernichovsky and Sara Markowitz
- w8416 August 2001 Targeting Managerial Control: Evidence from Franchising
Francine Lafontaine and Kathryn L. Shaw
- w8417 August 2001 Luxury Goods and the Equity Premium
Yacine Ait-Sahalia, Jonathan A. Parker, and Motohiro Yogo
- w8418 August 2001 Plant- and Firm-Level Evidence on "New" Trade Theories
James R. Tybout
- w8419 August 2001 What do Self-Reported, Objective, Measures of Health Measure?
Michael Baker, Mark Stabile, and Catherine Deri
- w8420 August 2001 A Framework to Compare Environmental Policies
Don Fullerton
- w8421 August 2001 Productivity Growth and the Phillips Curve
Laurence Ball and Robert Moffitt
- w8422 August 2001 Temporary Controls on Capital Inflows
Carmen M. Reinhart and R. Todd Smith
- w8423 August 2001 The Case for Price Stability
Marvin Goodfriend and Robert G. King
- w8424 August 2001 The Economic and Strategic Motives for Antidumping Filings
Thomas J. Prusa and Susan Skeath
- w8425 August 2001 New Products, Quality Changes and Welfare Measures Computed From Estimated Demand Systems
Aviv Nevo
- w8426 August 2001 What Can the Price Gap between Branded and Private Label Products Tell Us about Markups?
Robert Barsky, Mark Bergen, Shantanu Dutta, and Daniel Levy
- w8406 August 2001 Imperfect Knowledge, Retirement and Saving
Alan L. Gustman and Thomas L. Steinmeier
- w8413 August 2001 Labour Market Reforms and Changes in Wage Inequality in the United Kingdom and the United States
Amanda Gosling and Thomas Lemieux
- w8411 August 2001 Economic Perspectives on Software Design: PC Operating Systems and Platforms
Steven J. Davis, Jack MacCrisken, and Kevin M. Murphy
- w8412 August 2001 Another Look at Whether a Rising Tide Lifts All Boats
James R. Hines Jr., Hilary W. Hoynes, and Alan B. Krueger
- w8409 August 2001 An Empirical Analysis of Personal Bankruptcy and Delinquency
David B. Gross and Nicholas S. Souleles
- w8410 August 2001 Consumer Sentiment: Its Rationality and Usefulness in Forecasting Expenditure - Evidence from the Michigan Micro Data
Nicholas S. Souleles
- w8408 August 2001 Australian Growth: A California Perspective
Ian W. McLean and Alan M. Taylor
- w8407 August 2001 Pricing, Production and Persistence
Michael Dotsey and Robert G. King
- w8405 July 2001 The Aging Population and the Size of the Welfare State
Assaf Razin, Efraim Sadka, and Phillip Swagel
- w8394 July 2001 Intergenerational Fiscal Constitutions: How to Protect Future Generations Using Land Taxes and Federalism
John P. Conley and Antonio Rangel
- w8395 July 2001 The Efficiency of Medicare
Jonathan Skinner, Elliott Fisher, and John E. Wennberg
- w8396 July 2001 Does a Currency Union Affect Trade? The Time Series Evidence
Reuven Glick and Andrew K. Rose
- w8397 July 2001 One Decade of Inflation Targeting in the World: What Do We Know and What Do We Need to Know?
Frederic S. Mishkin and Klaus Schmidt-Hebbel
- w8398 July 2001 Antidumping
Bruce A. Blonigen and Thomas J. Prusa
- w8399 July 2001 Using Deferred Compensation to Strengthen the Ethicsof Financial Regulation
Edward J. Kane
- w8400 July 2001 Attracting FDI in a Politically Risky World
Eckhard Janeba
- w8401 July 2001 Alcohol and Marijuana Use Among College Students: Economic Complements or Substitutes?
Jenny Williams, Rosalie Liccardo Pacula, Frank J. Chaloupka, and Henry Wechsler
- w8402 July 2001 Market Integration and Convergence to the Law of One Price: Evidence from the European Car Market
Pinelopi K. Goldberg and Frank Verboven
- w8403 July 2001 Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy
Lawrence J. Christiano, Martin Eichenbaum, and Charles Evans
- w8404 July 2001 International Risk Sharing is Better Than You Think (or Exchange Rates are Much Too Smooth)
Michael W. Brandt, John H. Cochrane, and Pedro Santa-Clara
- w8385 July 2001 Measuring the Relative Performance of Providers of a Health Service
Daniel A. Ackerberg, Matilde P. Machado, and Michael H. Riordan
- w8386 July 2001 Financial Restructuring in Banking and Corporate Sector Crises: What Policies to Pursue?
Stijn Claessens, Daniela Klingebiel, and Luc Laeven
- w8387 July 2001 A Theory of the Consumption Function, With and Without Liquidity Constraints (Expanded Version)
Christopher D. Carroll
- w8388 July 2001 Ex Ante Costs of Violating Absolute Priority in Bankruptcy
Lucian Arye Bebchuk
- w8389 July 2001 Do We Really Know that Oil Caused the Great Stagflation? A Monetary Alternative
Robert B. Barsky and Lutz Kilian
- w8390 July 2001 Resource Curse or Debt Overhang?
Osmel Manzano and Roberto Rigobon
- w8391 July 2001 Living with the Fear of Floating: An Optimal Policy Perspective
Amartya Lahiri and Carlos A. Vegh
- w8392 July 2001 Variable Factor Utilization and International Business Cycles
Marianne Baxter and Dorsey Farr
- w8393 July 2001 Living Wages: Protection For or Protection From Low-Wage Workers?
David Neumark
- w8379 July 2001 Monetary Policy in a Data-Rich Environment
Ben S. Bernanke and Jean Boivin
- w8380 July 2001 The Impact of Separate Taxation on the Intra-Household Allocation of Assets: Evidence from the UK
Melvin Stephens Jr. and Jennifer Ward-Batts
- t0272 July 2001 Demand Estimation With Heterogeneous Consumers and Unobserved Product Characteristics: A Hedonic Approach
Patrick Bajari and C. Lanier Benkard
- w8383 July 2001 The Spillover Effects of State Spending
Katherine Baicker
- w8384 July 2001 Extensive or Intensive Generosity? The Price and Income Effects of Federal Grants
Katherine Baicker
- w8382 July 2001 The Budgetary Repercussions of Capital Convictions
Katherine Baicker
- w8381 July 2001 The International Lender of Last Resort: How Large is Large Enough?
Olivier Jeanne and Charles Wyplosz
- w8377 July 2001 Education, Segregation and Marital Sorting: Theory and an Application to UK Data
Raquel Fernandez
- w8378 July 2001 Did the Elimination of Mandatory Retirement Affect Faculty Retirement Flows?
Orley Ashenfelter and David Card
- t0273 July 2001 A New Use of Importance Sampling to Reduce Computational Burden in Simulation Estimation
Daniel A. Ackerberg
- h0134 July 2001 The Urban Mortality Transition in the United States, 1800-1940
Michael R. Haines
- w8368 July 2001 Young Geniuses and Old Masters: The Life Cycles of Great Artists from Masaccio to Jasper Johns
David W. Galenson and Robert Jensen
- w8369 July 2001 International Macroeconomics: Beyond the Mundell-Fleming Model
Maurice Obstfeld
- t0271 July 2001 Estimating Hedonic Models: Implications of the Theory
Helen Tauchen and Ann Dryden Witte
- w8374 July 2001 Forced Out of the Closet: The Impact of the American Inventors Protection Act on the Timing of Patent Disclosure
Daniel K.N. Johnson and David Popp
- w8375 July 2001 Agricultural Labor Productivity in the Lower South, 1720-1800
Peter C. Mancall, Joshua L. Rosenbloom, and Thomas Weiss
- w8376 July 2001 Favoritism Under Social Pressure
Luis Garicano, Ignacio Palacios, and Canice Prendergast
- w8373 July 2001 Recovery and Sustainability in East Asia
Yung Chul Park and Jong-Wha Lee
- w8370 July 2001 Mortality, Inequality and Race in American Cities and States
Angus Deaton and Darren Lubotsky
- w8371 July 2001 Political Market Structure
James E. Anderson and Thomas J. Prusa
- w8372 July 2001 Global Production Sharing and Rising Inequality: A Survey of Trade and Wages
Robert Feenstra and Gordon Hanson
- w8367 July 2001 Referrals
Luis Garicano and Tano Santos
- w8359 July 2001 Productivity Growth in the 1990s: Technology, Utilization, or Adjustment?
Susanto Basu, John G. Fernald, and Matthew D. Shapiro
- w8360 July 2001 The Size of the Permanent Component of Asset Pricing Kernels
Fernando Alvarez and Urban J. Jermann
- w8361 July 2001 Current Accounts and Exchange Rates: A New Look at the Evidence
Greg Leonard and Alan C. Stockman
- w8362 July 2001 Rational Speculation and Exchange Rates
Margarida Duarte and Alan C. Stockman
- w8363 July 2001 A No-Arbitrage Vector Autoregression of Term Structure Dynamics with Macroeconomic and Latent Variables
Andrew Ang and Monika Piazzesi
- w8364 July 2001 Social Dumping in the Transformation Process?
Hans-Werner Sinn
- w8365 July 2001 Is Growth Exogenous? Taking Mankiw, Romer and Weil Seriously
Ben S. Bernanke and Refet S. Gurkaynak
- w8366 July 2001 Long-Term Capital Movements
Philip R. Lane and Gian Milesi-Ferretti
- w8349 July 2001 Why Some Firms Export
Andrew B. Bernard and J. Bradford Jensen
- w8350 July 2001 Measuring the Reaction of Monetary Policy to the Stock Market
Roberto Rigobon and Brian Sack
- w8351 July 2001 Competition in the Computer Industry
Austan Goolsbee
- w8352 July 2001 Why Has the Euro Been Falling? An Investigation into the Determinants of the Exchange Rate
Hans-Werner Sinn and Frank Westermann
- w8353 July 2001 The Impact of Employee Stock Options on the Evolution of Compensation in the 1990s
Hamid Mehran and Joseph Tracy
- w8354 July 2001 Financial Structure, Macroeconomic Stability and Monetary Policy
Stephen G. Cecchetti and Stefan Krause
- w8355 July 2001 Centralization, Fiscal Federalism and Private School Attendance
Thomas J. Nechyba
- w8356 July 2001 Portfolio Balance, Price Impact, and Secret Intervention
Martin D. D. Evans and Richard K. Lyons
- w8357 July 2001 Is There a New Urbanism? The Growth of U.S. Cities in the 1990s
Edward L. Glaeser and Jesse Shapiro
- w8358 July 2001 Social Interaction and Stock-Market Participation
Harrison Hong, Jeffrey D. Kubik, and Jeremy C. Stein
- w8344 June 2001 Economic Status and Health in Childhood: The Origins of the Gradient
Anne Case, Darren Lubotsky, and Christina Paxson
- w8345 June 2001 Desegregation and Black Dropout Rates
Jonathan Guryan
- w8346 June 2001 Standards and Related Regulations in International Trade: A Modeling Approach
Mattias Ganslandt and James R. Markusen
- w8347 June 2001 Multi-Issue Bargaining and Linked Agendas: Ricardo Revisited or No Pain No Gain
Ignatius J. Horstmann, James R. Markusen, and Jack Robles
- w8348 June 2001 Creative Destruction or Just Plain Destruction?: The U.S. Textile and Apparel Industries since 1972
Jim Levinsohn and Wendy Petropoulos
- w8324 June 2001 Fewer Monies, Better Monies
Rudi Dornbusch
- w8325 June 2001 Malaysia: Was it Different?
Rudi Dornbusch
- w8326 June 2001 A Primer on Emerging Market Crises
Rudi Dornbusch
- w8327 June 2001 Who Dies? International Trade, Market Structure, and Industrial Restructuring
Andrew B. Bernard and J. Bradford Jensen
- w8328 June 2001 Understanding Health Disparities Across Education Groups
Dana Goldman and Darius Lakdawalla
- w8329 June 2001 Social Security as a Financial Asset: Gender-Specific Risks and Returns
Marianne Baxter
- w8330 June 2001 Economic Growth in East Asia Before and After the Financial Crisis
Robert J. Barro
- w8331 June 2001 Effects of Price and Access Laws on Teenage Smoking Initiation: A National Longitudinal Analysis
John A. Tauras, Patrick M. O'Malley, and Lloyd D. Johnston
- w8332 June 2001 The Demand for Nicotine Replacement Therapies
John A. Tauras and Frank J. Chaloupka
- w8333 June 2001 Do Estate and Gift Taxes Affect the Timing of Private Transfers?
B. Douglas Bernheim, Robert J. Lemke, and John Karl Scholz
- w8334 June 2001 General-Equilibrium Approaches to the Multinational Firm: A Review of Theory and Evidence
James R. Markusen and Keith E. Maskus
- w8335 June 2001 A Unified Approach to Intra-Industry Trade and Direct Foreign Investment
James R. Markusen and Keith E. Maskus
- w8336 June 2001 The Rise in Disability Recipiency and the Decline in Unemployment
David H. Autor and Mark G. Duggan
- w8337 June 2001 The Skill Content of Recent Technological Change: An Empirical Exploration
David H. Autor, Frank Levy, and Richard J. Murnane
- w8343 June 2001 Vouchers for Private Schooling in Colombia: Evidence from a Randomized Natural Experiment
Joshua Angrist, Eric Bettinger, Erik Bloom, Elizabeth King, and Michael Kremer
- w8342 June 2001 Agency, Information and Corporate Investment
Jeremy C. Stein
- w8341 June 2001 Does Participating in a 401(k) Raise Your Lifetime Taxes?
Jagadeesh Gokhale, Laurence J. Kotlikoff, and Todd Neumann
- w8340 June 2001 Taxation, Risk-Taking, and Household Portfolio Behavior
James M. Poterba
- w8339 June 2001 Globalization and Inequality: Historical Trends
Kevin H. O'Rourke
- w8338 June 2001 Credit, Prices, and Crashes: Business Cycles with a Sudden Stop
Enrique G. Mendoza
- w8323 June 2001 Financial Systems, Economic Growth, and Globalization
Peter L. Rousseau and Richard Sylla
- w8322 June 2001 Domestic Bank Regulation and Financial Crises: Theory and Empirical Evidence from East Asia
Robert Dekle and Kenneth M. Kletzer
- w8320 June 2001 Prices, Wages and the U.S. NAIRU in the 1990s
Douglas Staiger, James H. Stock, and Mark W. Watson
- w8321 June 2001 The Sputtering Labor Force of the 21st Century. Can Social Policy Help?
David T. Ellwood
- w8319 June 2001 Did Legalized Abortion Lower Crime?
Ted Joyce
- w8318 June 2001 Health, Inequality, and Economic Development
Angus Deaton
- w8317 June 2001 The Consumer Gains from Direct Broadcast Satellites and the Competition with Cable Television
Austan Goolsbee and Amil Petrin
- w8313 June 2001 The "New Keynesian" Phillips Curve: Closed Economy vs. Open Economy
Assaf Razin and Chi-Wa Yuen
- w8314 June 2001 Do Liquidity Constraints and Interest Rates Matter for Consumer Behavior? Evidence from Credit Card Data
David B. Gross and Nicholas S. Souleles
- w8315 June 2001 Rescue Packages and Output Losses Following Crises
Michael P. Dooley and Sujata Verma
- w8316 June 2001 The Self-Employed are Less Likely to Have Health Insurance Than Wage Earners. So What?
Craig William Perry and Harvey S. Rosen
- w8307 May 2001 The Sources and Uses of Annual Giving at Private Research Universities
Ronald G. Ehrenberg and Christopher L. Smith
- w8308 May 2001 Earnings Quality and Stock Returns
Konan Chan, Louis K. C. Chan, Narasimhan Jegadeesh, and Josef Lakonishok
- w8309 May 2001 Labor Income and Predictable Stock Returns
Tano Santos and Pietro Veronesi
- w8310 May 2001 The Labor Market Impact of State-Level Anti-Discrimination Laws, 1940-1960
William J. Collins
- w8311 May 2001 Asset Prices and Trading Volume Under Fixed Transactions Costs
Andrew W. Lo, Harry Mamaysky, and Jiang Wang
- w8312 May 2001 Dynamic Volume-Return Relation of Individual Stocks
Guillermo Llorente, Roni Michaely, Gideon Saar, and Jiang Wang
- w8305 May 2001 A Cure Worse Than the Disease? Currency Crises and the Output Costs of IMF-Supported Stabilization Programs
Michael M. Hutchison
- w8306 May 2001 Opportunity Counts: Teams and the Effectiveness of Production Incentives
Brent Boning, Casey Ichniowski, and Kathryn Shaw
- w8302 May 2001 Can the Market Add and Subtract? Mispricing in Tech Stock Carve-Outs
Owen A. Lamont and Richard H. Thaler
- w8303 May 2001 The Role of Large Players in Currency Crises
Giancarlo Corsetti, Paolo Pesenti, and Nouriel Roubini
- w8304 May 2001 How Often Are Propositions on the Effects of Customs Unions Theoretical Curiosa and When Should They Guide Policy?
Lisandro Abrego, Raymond Riezman, and John Whalley
- w8299 May 2001 Foreign Direct Investment and Wages in Indonesian Manufacturing
Robert E. Lipsey and Fredrik Sjoholm
- w8300 May 2001 Affiliation, Integration, and Information: Ownership Incentives and Industry Structure
Thomas N. Hubbard
- w8298 May 2001 The Effects of Welfare and Tax Reform: The Material Well-Being of Single Mothers in the 1980s and 1990s
Bruce D. Meyer and James X. Sullivan
- w8301 May 2001 A Century of Missing Trade?
Antoni Estevadeordal and Alan M. Taylor
- w8294 May 2001 Empirical Implications of Equilibrium Bidding in First-Price, Symmetric, Common Value Auctions
Kenneth Hendricks, Joris Pinkse, and Robert H. Porter
- w8295 May 2001 Understanding the Decline in Social Capital, 1952-1998
Dora L. Costa and Matthew E. Kahn
- w8296 May 2001 Lumpy Consumer Durables, Market Power, and Endogenous Business Cycles
Kala Krishna and Cemile Yavas
- w8297 May 2001 The Impact of Technological Change on Older Workers: Evidence from Data on Computer Use
Leora Friedberg
- w8292 May 2001 Comparative Localization of Academic and Industrial Spillovers
James D. Adams
- w8293 May 2001 The Long and Short of the Canada-U.S. Free Trade Agreement
Daniel Trefler
- w8281 May 2001 Employment, Dynamic Deterrence and Crime
Susumu Imai and Kala Krishna
- w8282 May 2001 The Level and Persistence of Growth Rates
Louis K.C. Chan, Jason Karceski, and Josef Lakonishok
- w8283 May 2001 Do Federal Programs Affect Internal Migration? The Impact of New Deal Expenditures on Mobility During the Great Depression
Price V. Fishback, William C. Horrace, and Shawn Kantor
- w8290 May 2001 Sticky Information Versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve
N. Gregory Mankiw and Ricardo Reis
- w8291 May 2001 Can Consumers Detect Lemons? Information Asymmetry in the Market for Child Care
H. Naci Mocan
- w8289 May 2001 Is Disinflation Good for the Stock Market?
Peter Blair Henry
- w8288 May 2001 Who Owns the Media?
Simeon Djankov, Caralee McLiesh, Tatiana Nenova, and Andrei Shleifer
- w8287 May 2001 Directed Technical Change
Daron Acemoglu
- w8286 May 2001 Norms and the Theory of the Firm
Oliver Hart
- w8284 May 2001 Induced Innovation and Energy Prices
David Popp
- w8285 May 2001 Financial Contracting
Oliver Hart
- w8280 May 2001 Who Bears the Burden of the Corporate Tax in The Open Economy?
Jane Gravelle and Kent Smetters
- w8279 May 2001 Keiretsu and Relationship-Specific Investment: Implications for Market-Opening Trade Policy
Larry D. Qiu and Barbara J. Spencer
- w8278 May 2001 Ownership and Use Taxes as Congestion Correcting Instruments
Ngee-Choon Chia, Albert K. C. Tsui, and John Whalley
- w8274 May 2001 Dollarization and Economic Performance: An Empirical Investigation
Sebastian Edwards
- w8275 May 2001 Does the Current Account Matter?
Sebastian Edwards
- w8276 May 2001 A New Approach to Valuing Secured Claims in Bankruptcy
Lucian Arye Bebchuk and Jesse M. Fried
- w8277 May 2001 On the Fiscal Implications of Twin Crises
Craig Burnside, Martin Eichenbaum, and Sergio Rebelo
- w8267 May 2001 Preferences for Redistribution in the Land of Opportunities
Alberto Alesina and Eliana La Ferrara
- w8268 May 2001 Some Economic Aspects of Antitrust Analysis in Dynamically Competitive Industries
David S. Evans and Richard Schmalensee
- w8269 May 2001 Does Money Matter? Regression-Discontinuity Estimates from Education Finance Reform in Massachusetts
Jonathan Guryan
- w8270 May 2001 Intergenerational Risk Sharing in the Spirit of Arrow, Debreu, and Rawls, with Applications to Social Security Design
Laurence Ball and N. Gregory Mankiw
- w8271 May 2001 Prices and Price Dispersion on the Web: Evidence from the Online Book Industry
Karen Clay, Ramayya Krishnan, and Eric Wolff
- w8272 May 2001 Legal Origins
Edward L. Glaeser and Andrei Shleifer
- w8273 May 2001 Two-Sided Learning, Labor Turnover and Displacement
Gerard A. Pfann and Daniel S. Hamermesh
- w8264 May 2001 Economic Problems of Ireland in Europe
Martin Feldstein
- w8265 May 2001 Stock Market Liberalizations and the Repricing of Systematic Risk
Anusha Chari and Peter Blair Henry
- w8266 May 2001 Measuring Masters and Masterpieces: French Rankings of French Painters and Paintings from Realism to Surrealism
Martin Bruegel and David W. Galenson
- w8260 April 2001 Worker Displacement and the Added Worker Effect
Melvin Stephens Jr.
- w8261 April 2001 Distortion Costs of Taxing Wealth Accumulation: Income Versus Estate Taxes
Douglas Holtz-Eakin and Donald Marples
- w8262 April 2001 The Exchange Theory of Teenage Smoking and the Counterproductiveness of Moderate Regulation
Kent Smetters and Jennifer Gravelle
- w8263 April 2001 The Declining Quality of Teachers
Darius Lakdawalla
- w8259 April 2001 The Equivalence of the Social Security's Trust Fund Portfolio Allocation and Capital Income Tax Policy
Kent Smetters
- w8249 April 2001 Lending Booms: Latin America and the World
Pierre-Olivier Gourinchas, Rodrigo Valdes, and Oscar Landerretche
- h0133 April 2001 What Caused the Crisis of 1839?
John Joseph Wallis
- w8250 April 2001 Searching for Prosperity
Michael Kremer, Alexei Onatski, and James Stock
- w8251 April 2001 Links and Hyperlinks: An Empirical Analysis of Internet Portal Alliances, 1995-1999
Dan Elfenbein and Josh Lerner
- w8252 April 2001 Electoral Acceleration: The Effect of Minority Population on Minority Voter Turnout
Felix Oberholzer-Gee and Joel Waldfogel
- w8253 April 2001 Whither Poverty in Great Britain and the United States? The Determinants of Changing Poverty and Whether Work Will Work
Richard Dickens and David T. Ellwood
- w8254 April 2001 Global Corporations and Local Politics: A Theory of Voter Backlash
Eckhard Janeba
- w8257 April 2001 A Biological Model of Unions
Michael Kremer and Benjamin A. Olken
- w8258 April 2001 Finding a Way Out of America's Demographic Dilemma
Laurence J. Kotlikoff, Kent Smetters, and Jan Walliser
- w8256 April 2001 Payment Systems and Interchange Fees
Richard Schmalensee
- w8255 April 2001 Indicator Variables for Optimal Policy under Asymmetric Information
Lars E.O. Svensson and Michael Woodford
- w8244 April 2001 One Size Fits All? Heckscher-Ohlin Specialization in Global Production
Peter K. Schott
- w8245 April 2001 Does Financial Liberalization Spur Growth?
Geert Bekaert, Campbell R. Harvey, and Christian Lundblad
- w8246 April 2001 An Econometric Model of the Yield Curve with Macroeconomic Jump Effects
Monika Piazzesi
- w8247 April 2001 Are the Young Becoming More Disabled?
Darius Lakdawalla, Dana Goldman, and Jay Bhattacharya
- w8248 April 2001 The Impact of Market Rules and Market Structure on the Price Determination Process in the England and Wales Electricity Market
Frank A. Wolak and Robert H. Patrick
- w8230 April 2001 International Dimensions of Optimal Monetary Policy
Giancarlo Corsetti and Paolo Pesenti
- w8231 April 2001 Why is Health Related to Socioeconomic Status?
Ellen Meara
- w8232 April 2001 Markets and Multiunit Firms from an American Historical Perspective
Sukkoo Kim
- w8233 April 2001 Precautionary Saving and the Marginal Propensity to Consume out of Permanent Income
Christopher D. Carroll
- w8234 April 2001 Individual Learning About Consumption
Todd W. Allen and Christopher D. Carroll
- w8235 April 2001 Pre-Contractual Reliance
Lucian Arye Bebchuk and Omri Ben-Shahar
- w8236 April 2001 The Financial Problems of the Elderly: A Holistic Approach
Victor R. Fuchs
- w8237 April 2001 Saving Puzzles and Saving Policies in the United States
Annamaria Lusardi, Jonathan Skinner, and Steven Venti
- w8238 April 2001 Union Effects on Health Insurance Provision and Coverage in the United States
Thomas C. Buchmueller and John DiNardo
- w8239 April 2001 The Human Capital Century and American Leadership: Virtues of the Past
Claudia Goldin
- w8240 April 2001 What Drives Firm-Level Stock Returns?
Tuomo Vuolteenaho
- w8241 April 2001 Differential Mortality in the UK
Orazio P. Attanasio and Carl Emmerson
- w8242 April 2001 The Value Spread
Randolph B. Cohen, Christopher Polk, and Tuomo Vuolteenaho
- w8243 April 2001 Do We Have A New E-Conomy?
Martin N. Baily and Robert Lawrence
- w8225 April 2001 Inflation Targeting and the Liquidity Trap
Bennett T. McCallum
- w8226 April 2001 Should Monetary Policy Respond Strongly to Output Gaps?
Bennett T. McCallum
- w8227 April 2001 Quantifying the Benefits of New Products: The Case of the Minivan
Amil Petrin
- w8228 April 2001 Does Globalization Make the World More Unequal?
Peter H. Lindert and Jeffrey G. Williamson
- w8229 April 2001 Retirement and Wealth
Alan L. Gustman and Thomas L. Steinmeier
- w8218 April 2001 European Inflation Dynamics
Jordi Gali, Mark Gertler, and J. David Lopez-Salido
- t0270 April 2001 The Bias of the RSR Estimator and the Accuracy of Some Alternatives
William N. Goetzmann and Liang Peng
- w8210 April 2001 Do Cognitive Test Scores Explain Higher US Wage Inequality?
Francine D. Blau and Lawrence M. Kahn
- w8211 April 2001 Does Entry Regulation Hinder Job Creation? Evidence from the French Retail Industry
Marianne Bertrand and Francis Kramarz
- w8212 April 2001 An Empirical Analysis of the Impact of Hedge Contracts on Bidding Behavior
Frank A. Wolak
- w8213 April 2001 Estimating the Customer-Level Demand for Electricity Under Real-Time Market Prices
Robert H. Patrick and Frank A. Wolak
- w8214 April 2001 Do Political Institutions Shape Economic Policy?
Torsten Persson
- w8215 April 2001 The Effects of Race and Sex Discrimination Laws
David Neumark and Wendy A. Stock
- w8224 April 2001 Financial Safety Nets: Reconstructing and Modeling a Policymaking Metaphor
Edward J. Kane
- w8223 April 2001 Taxation and Portfolio Structure: Issues and Implications
James M. Poterba
- w8221 April 2001 Valuation Ratios and the Long-Run Stock Market Outlook: An Update
John Y. Campbell and Robert J. Shiller
- w8222 April 2001 Culture, Openness, and Finance
Rene M. Stulz and Rohan Williamson
- w8220 April 2001 Corporate Governance and Merger Activity in the U.S.: Making Sense of the 1980s and 1990s
Bengt Holmstrom and Steven N. Kaplan
- w8219 April 2001 The Perverse Effects of Partial Labor Market Reform: Fixed Duration Contracts in France
Olivier Blanchard and Augustin Landier
- w8216 April 2001 The Silent Majority Fallacy of the Elzinga-Hogarty Criteria: A Critique and New Approach to Analyzing Hospital Mergers
Cory S. Capps, David Dranove, Shane Greenstein, and Mark Satterthwaite
- w8217 April 2001 The International Macroeconomics of Taxation and the Case Against European Tax Harmonization
Enrique G. Mendoza
- w8198 April 2001 Inequality and Happiness: Are Europeans and Americans Different?
Alberto Alesina, Rafael Di Tella, and Robert MacCulloch
- w8199 April 2001 Child Support: Interaction Between Private and Public Transfers
Robert I. Lerman and Elaine Sorensen
- w8200 April 2001 Understanding International Differences in the Gender Pay Gap
Francine D. Blau and Lawrence M. Kahn
- w8201 April 2001 Hospital Governance, Performance Objectives, and Organizational Form
Leslie Eldenburg, Benjamin E. Hermalin, Michael S. Weisbach, and Marta Wosinska
- w8209 April 2001 When Is U.S. Bank Lending to Emerging Markets Volatile?
Linda S. Goldberg
- w8207 April 2001 Stock Return Predictability: Is it There?
Andrew Ang and Geert Bekaert
- w8208 April 2001 Housing Programs for Low-Income Households
Edgar O. Olsen
- w8205 April 2001 Rethinking the Estate and Gift Tax: Overview
William G. Gale and Joel B. Slemrod
- w8206 April 2001 Educational Inequality
Yoshiaki Azuma and Herschel I. Grossman
- w8204 April 2001 What We Spend and What We Get: Public and Private Provision of Crime Prevention
Ann Dryden Witte and Robert Witt
- w8203 April 2001 Taxation and Corporate Financial Policy
Alan J. Auerbach
- w8202 April 2001 Venture Capitalists As Principals: Contracting, Screening, and Monitoring
Steven N. Kaplan and Per Stromberg
- w8195 March 2001 The Comovements between Real Activity and Prices in the G7
Wouter J. Den Haan and Steven Sumner
- w8196 March 2001 Integrating Expenditure and Tax Decisions: The Marginal Cost of Funds and the Marginal Benefit of Projects
Joel Slemrod and Shlomo Yitzhaki
- w8192 March 2001 The Life Cycle of US Economic Expansions
Edward E. Leamer
- w8193 March 2001 Home Bias in Portfolios and Taxation of Asset Income
Roger Gordon and Vitor Gaspar
- w8194 March 2001 Are Trade Linkages Important Determinants of Country Vulnerability to Crises?
Kristin J. Forbes
- t0268 March 2001 A Graphical Analysis of Some Basic Results in Social Choice
Estelle Cantillon
- t0269 March 2001 Empirical Bayes Forecasts of One Time Series Using Many Predictors
Thomas Knox, James H. Stock, and Mark W. Watson
- w8197 March 2001 An Empirical Investigation of the Competitive Effects of Domestic Airline Alliances
Gustavo E. Bamberger, Dennis W. Carlton, and Lynette R. Neumann
- w8181 March 2001 Taxation and Economic Efficiency
Alan J. Auerbach and James R. Hines Jr.
- w8182 March 2001 Exhuming Q: Market Power vs. Capital Market Imperfections
Russell Cooper and Joao Ejarque
- w8183 March 2001 Public Versus Secret Reserve Prices in eBay Auctions: Results from a Pokemon Field Experiment
Rama Katkar and David Lucking-Reiley
- w8184 March 2001 A Case for Quantity Regulation
Edward L. Glaeser and Andrei Shleifer
- w8185 March 2001 What can the take-up of other programs teach us about how to improve take-up of health insurance programs?
Dahlia K. Remler, Jason E. Rachlin, and Sherry A. Glied
- w8186 March 2001 After Columbus: Explaining the Global Trade Boom 1500-1800
Kevin H. O'Rourke and Jeffrey G. Williamson
- w8187 March 2001 Negative Alchemy? Corruption, Composition of Capital Flows, and Currency Crises
Shang-Jin Wei and Yi Wu
- w8188 March 2001 Terms of Trade Shocks and Economic Performance 1870-1940: Prebisch and Singer Revisited
Yael S. Hadass and Jeffrey G. Williamson
- w8189 March 2001 Expenditure Competition
Roger H. Gordon and John D. Wilson
- w8190 March 2001 Mental Accounting, Loss Aversion, and Individual Stock Returns
Nicholas Barberis and Ming Huang
- w8191 March 2001 Identification and Estimation of Cost Functions Using Observed Bid Data: An Application to Electricity Markets
Frank A. Wolak
- w8173 March 2001 Hedge Funds With Style
Stephen J. Brown and William N. Goetzmann
- w8174 March 2001 Monetary Policy Analysis in Models Without Money
Bennett T. McCallum
- w8175 March 2001 Monetary Policy for an Open Economy: An Alternative Framework with Optimizing Agents and Sticky Prices
Bennett T. McCallum and Edward Nelson
- w8176 March 2001 High-Frequency Substitution and the Measurement of Price Indexes
Robert C. Feenstra and Matthew D. Shapiro
- t0267 March 2001 Panel Data Estimators for Nonseparable Models with Endogenous Regressors
Joseph G. Altonji and Rosa L. Matzkin
- w8177 March 2001 The Influence of the Financial Revolution on the Nature of Firms
Raghuram G. Rajan and Luigi Zingales
- w8178 March 2001 The Great Reversals: The Politics of Financial Development in the 20th Century
Raghuram G. Rajan and Luigi Zingales
- w8179 March 2001 International Franchising: Evidence from US and Canadian Franchisors in Mexico
Francine Lafontaine and Joanne Oxley
- w8180 March 2001 Forecasting Output and Inflation: The Role of Asset Prices
James H. Stock and Mark W. Watson
- w8165 March 2001 The Spatial Distribution of Housing-Related Tax Benefits in the United States
Todd Sinai and Joseph Gyourko
- w8166 March 2001 Vintage Organization Capital
Boyan Jovanovic and Peter L. Rousseau
- w8167 March 2001 Expectation Puzzles, Time-varying Risk Premia, and Dynamic Models of the Term Structure
Qiang Dai and Kenneth J. Singleton
- w8168 March 2001 Medical Care Price Indices: Problems and Opportunities / The Chung-Hua Lectures
Joseph P. Newhouse
- w8169 March 2001 How Reasonable Are Assumptions Used in Theoretical Models?: Computational Evidence on the Likelihood of Trade Pattern Changes
Lisandro Abrego, Raymond Riezman, and John Whalley
- w8158 March 2001 Dying to Save Taxes: Evidence from Estate Tax Returns on the Death Elasticity
Wojciech Kopczuk and Joel Slemrod
- w8159 March 2001 Aggregate Implications of Indivisible Labor
Casey B. Mulligan
- w8160 March 2001 Modeling and Forecasting Realized Volatility
Torben G. Andersen, Tim Bollerslev, Francis X. Diebold, and Paul Labys
- w8161 March 2001 Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature
Benjamin E. Hermalin and Michael S. Weisbach
- w8150 March 2001 The Geography and Channels of Diffusion at the World's Technology Frontier
Wolfgang Keller
- w8151 March 2001 Breadth of Ownership and Stock Returns
Joseph Chen, Harrison Hong, and Jeremy C. Stein
- w8152 March 2001 Age Discrimination Legislation in the United States
David Neumark
- w8171 March 2001 Country Risk and Capital Flow Reversals
Assaf Razin and Efraim Sadka
- w8172 March 2001 The Declining U.S. Equity Premium
Ravi Jagannathan, Ellen R. McGrattan, and Anna Scherbina
- w8170 March 2001 Life-Cycle Saving, Limits on Contributions to DC Pension Plans, and Lifetime Tax Benefits
Jagadeesh Gokhale, Laurence J. Kotlikoff, and Mark J. Warshawsky
- w8164 March 2001 Protection of Minority Shareholder Interests, Cross-listings in the United States, and Subsequent Equity Offerings
William A. Reese, Jr. and Michael S. Weisbach
- w8162 March 2001 High- and Low-Frequency Exchange Rate Volatility Dynamics: Range-Based Estimation of Stochastic Volatility Models
Sassan Alizadeh, Michael W. Brandt, and Francis X. Diebold
- w8163 March 2001 Generational Policy
Laurence J. Kotlikoff
- w8157 March 2001 A Quantitative Analysis of Pricing Behavior in California's Wholesale Electricity Market During Summer 2000
Paul Joskow and Edward Kahn
- w8156 March 2001 Improving School Accountability Measures
Thomas J. Kane and Douglas O. Staiger
- w8154 March 2001 Electoral Rules and Corruption
Torsten Persson, Guido Tabellini, and Francesco Trebbi
- w8155 March 2001 The Rising Tide Lifts...?
Richard B. Freeman
- w8148 March 2001 A New Approach to Takeover Law and Regulatory Competition
Lucian Arye Bebchuk and Allen Ferrell
- w8149 March 2001 Population Growth, Technological Adoption and Economic Outcomes: A Theory of Cross-Country Differences for the Information Era
Paul Beaudry and David Green
- w8153 March 2001 The Effects of Time Limits and Other Policy Changes on Welfare Use, Work, and Income Among Female-Headed Families
Jeffrey Grogger
- w8143 March 2001 Loss Aversion and Seller Behavior: Evidence from the Housing Market
David Genesove and Christopher Mayer
- w8144 March 2001 Repatriation Taxes, Repatriation Strategies and Multinational Financial Policy
Rosanne Altshuler and Harry Grubert
- w8147 March 2001 The Benefits and Costs of Newer Drugs: Evidence from the 1996 Medical Expenditure Panel Survey
Frank R. Lichtenberg
- w8146 March 2001 How to Auction an Essential Facility When Underhand Integration is Possible
Eduardo M.R.A. Engel, Ronald D. Fischer, and Alexander Galetovic
- w8145 March 2001 Rules, Communication and Collusion: Narrative Evidence from the Sugar Institute Case
David Genesove and Wallace P. Mullin
- w8131 February 2001 Will Bequests Attenuate the Predicted Meltdown in Stock Prices When Baby Boomers Retire?
Andrew B. Abel
- w8132 February 2001 An Exploration of the Effects of Pessimism and Doubt on Asset Returns
Andrew B. Abel
- w8133 February 2001 Are For-Profit Hospitals Really Different? Medicare Upcoding and Market Structure
Elaine Silverman and Jonathan Skinner
- w8134 February 2001 Breast Cancer Survival, Work, and Earnings
Cathy J. Bradley, Heather Bednarek, and David Neumark
- w8135 February 2001 Asymptotic Methods for Asset Market Equilibrium Analysis
Kenneth L. Judd and Sy-Ming Guu
- w8136 February 2001 The Real Balance Effect
Peter N. Ireland
- w8137 February 2001 Exchange Rates and Wages
Linda Goldberg and Joseph Tracy
- w8138 February 2001 Perfect Taxation with Imperfect Competition
Alan J. Auerbach and James R. Hines Jr.
- w8139 February 2001 How Severe is the Time Inconsistency Problem in Monetary Policy?
Stefania Albanesi, V.V. Chari, and Lawrence J. Christiano
- w8140 February 2001 Does Inequality in Skills Explain Inequality in Earnings Across Advanced Countries?
Dan Devroye and Richard B. Freeman
- w8141 February 2001 International Liquidity Illusion: On the Risks of Sterilization
Ricardo J. Caballero and Arvind Krishnamurthy
- w8142 February 2001 Did the Malaysian Capital Controls Work?
Ethan Kaplan and Dani Rodrik
- w8129 February 2001 Trade and Exposure
Kathryn M.E. Dominguez and Linda L. Tesar
- w8127 February 2001 Variable Selection for Portfolio Choice
Yacine Ait-Sahalia and Michael W. Brandt
- w8130 February 2001 Cross-Country Technology Diffusion: The Case of Computers
Francesco Caselli and Wilbur John Coleman II
- w8124 February 2001 Demographic and Economic Pressure on Emigration Out of Africa
Timothy J. Hatton and Jeffrey G. Williamson
- w8128 February 2001 A Re-Examination of Exchange Rate Exposure
Kathryn M.E. Dominguez and Linda L. Tesar
- w8125 February 2001 Two Mezzogiornos
Hans-Werner Sinn and Frank Westermann
- w8126 February 2001 Antitrust and the Not-For-Profit Sector
Tomas J. Philipson and Richard A. Posner
- w8123 February 2001 Administered Prices and Suboptimal Prevention: Evidence from the Medicare Dialysis Program
Avi Dor
- w8113 February 2001 Was the Federal Reserve Fettered? Devaluation Expectations in the 1932 Monetary Expansion
Chang-Tai Hsieh and Christina D. Romer
- w8114 February 2001 Institutions and Geography: Comment on Acemoglu, Johnson and Robinson (2000)
John W. McArthur and Jeffrey D. Sachs
- w8115 February 2001 Money's Role in the Monetary Business Cycle
Peter N. Ireland
- w8116 February 2001 FX Trading and Exchange Rate Dynamics
Martin D. D. Evans
- w8117 February 2001 Decentralized Employment and the Transformation of the American City
Edward L. Glaeser and Matthew E. Kahn
- w8118 February 2001 Contagion: How to Measure It?
Roberto Rigobon
- w8119 February 2001 Tropical Underdevelopment
Jeffrey D. Sachs
- w8120 February 2001 Macroeconomic Effects of Regulation and Deregulation in Goods and Labor Markets
Olivier Blanchard and Francesco Giavazzi
- w8121 February 2001 Exchange Rates and Tax-Based Export Promotion
Mihir A. Desai and James R. Hines Jr.
- w8122 February 2001 Generalized Cash Flow Taxation
Alan A. Auerbach and David F. Bradford
- w8109 February 2001 Annexation or Conquest? The Economics of Empire Building
Herschel I. Grossman and Juan Mendoza
- w8110 February 2001 The Market for Catastrophe Risk: A Clinical Examination
Kenneth A. Froot
- w8111 February 2001 External Job Churning and Internal Job Flexibility
Peter Cappelli and David Neumark
- w8112 February 2001 The Law of One Price - A Case Study
Jonathan Haskel and Holger Wolf
- w8107 February 2001 The Empirical Importance of Precautionary Saving
Pierre-Olivier Gourinchas and Jonathan A. Parker
- w8108 February 2001 The Impact of New Deal Expenditures on Local Economic Activity: An Examination of Retail Sales, 1929-1939
Price V. Fishback, William C. Horrace, and Shawn Kantor
- w8106 February 2001 The Pricing of Event Risks with Parameter Uncertainty
Kenneth A. Froot and Steven E. Posner
- w8105 February 2001 A General Analysis of Exclusionary Conduct and Refusal to Deal - Why Aspen and Kodak are Misguided
Dennis W. Carlton
- w8104 January 2001 Comparative Advantage and the Cross-section of Business Cycles
Aart Kraay and Jaume Ventura
- w8100 January 2001 From the Exchange Stabilization Fund to the International Monetary Fund
Michael Bordo and Anna J. Schwartz
- w8101 January 2001 Sorting, Education and Inequality
Raquel Fernandez
- w8102 January 2001 White Hats or Don Quixotes? Human Rights Vigilantes in the Global Economy
Kimberly Ann Elliott and Richard Freeman
- w8103 January 2001 An International Perspective on Policies for an Aging Society
Jonathan Gruber and David Wise
- w8097 January 2001 New Data and Output Concepts for Understanding Productivity Trends
William D. Nordhaus
- w8098 January 2001 Empirical Evaluation of Asset Pricing Models: A Comparison of the SDF and Beta Methods
Ravi Jagannathan and Zhenyu Wang
- w8099 January 2001 Relative Deprivation, Inequality, and Mortality
Angus Deaton
- w8093 January 2001 Does Firm-specific Information in Stock Prices Guide Capital Allocation?
Artyom Durnev, Randall Morck, and Bernard Yeung
- h0132 January 2001 A Wolfram in Sheep's Clothing: U.S. Economic Warfare in Spain, 1940-1944
Leonard Caruana and Hugh Rockoff
- w8087 January 2001 Financial Policies and the Prevention of Financial Crises in Emerging Market Countries
Frederic S. Mishkin
- w8094 January 2001 The Peter Principle: Promotions and Declining Productivity
Edward P. Lazear
- w8095 January 2001 Alternative Methods for Measuring Productivity Growth
William D. Nordhaus
- w8096 January 2001 Productivity Growth and the New Economy
William D. Nordhaus
- w8089 January 2001 The Overlooked Corporate Finance Problems of a Microsoft Breakup
Lucian Arye Bebchuk and David I. Walker
- w8090 January 2001 Accidents Will Happen? Unintentional Injury, Maternal Employment, and Child Care Policy
Janet Currie and V. Joseph Hotz
- w8091 January 2001 Annuity Values in Defined Contribution Retirement Systems: The Case of Singapore and Australia
Suzanne Doyle, Olivia S. Mitchell, and John Piggott
- w8092 January 2001 The Stock Market's Reaction to Unemployment News: Why Bad News is Usually Good for Stocks
John H. Boyd, Ravi Jagannathan, and Jian Hu
- w8085 January 2001 The Minimum Inflation Rate for Euroland
Hans-Werner Sinn and Michael Reutter
- w8086 January 2001 Competition, Monopoly, and Aftermarkets
Dennis W. Carlton and Michael Waldman
- w8088 January 2001 Intermediaries in Entrepot Trade: Hong Kong Re-Exports of Chinese Goods
Gordon H. Hanson and Robert C. Feenstra
- w8082 January 2001 Retirement Incentives and Expectations
Sewin Chan and Ann Huff Stevens
- w8083 January 2001 The World Income Distribution
Daron Acemoglu and Jaume Ventura
- w8084 January 2001 Foreign Direct Investors in Three Financial Crises
Robert E. Lipsey
- w8075 January 2001 Information Technology and Research and Development Impacts on Productivity and Skills: Looking for Correlations on French Firm Level Data
Jacques Mairesse, Nathalie Greenan, and Agnes Topiol-Bensaid
- w8076 January 2001 Capital Mobility and Economic Performance: Are Emerging Economies Different?
Sebastian Edwards
- w8077 January 2001 Is the Stock Market Overvalued?
Ellen R. McGrattan and Edward C. Prescott
- w8078 January 2001 The Earned Income Tax Credit
V. Joseph Hotz and John Karl Scholz
- w8079 January 2001 Gravity with Gravitas: A Solution to the Border Puzzle
James E. Anderson and Eric van Wincoop
- w8080 January 2001 Education and Religion
Bruce Sacerdote and Edward L. Glaeser
- w8081 January 2001 Why Wait? A Century of Life Before IPO
Boyan Jovanovic and Peter L. Rousseau
- w8067 January 2001 Free Riding and Sales Strategies for the Internet
Dennis W. Carlton and Judith A. Chevalier
- w8068 January 2001 Factor Price Equality and the Economies of the United States
Andrew B. Bernard, J. Bradford Jensen, and Peter K. Schott
- w8069 January 2001 Effects of Competition under Prospective Payment on Hospital Costs among High and Low Cost Admissions: Evidence from California, 1983 - 1993
David Meltzer and Jeanette Chung
- w8070 January 2001 Trade in Capital Goods
Jonathan Eaton and Samuel Kortum
- w8071 January 2001 Inflation Stabilization and Welfare
Michael Woodford
- w8072 January 2001 Fiscal Requirements for Price Stability
Michael Woodford
- w8073 January 2001 Do Domestic Investors Have More Valuable Information About Individual Stocks Than Foreign Investors?
Hyuk Choe, Bong-Chan Kho, and Rene M. Stulz
- w8074 January 2001 Individual Risk in an Investment-Based Social Security System
Martin Feldstein and Elena Ranguelova
- w8066 January 2001 The Risk and Return of Venture Capital
John H. Cochrane
- w8062 January 2001 A Public Finance Approach to Assessing Poverty Alleviation
Shlomo Yitzhaki
- w8063 January 2001 The Effect of Medicaid Expansions for Low-Income Children on Medicaid Participation and Insurance Coverage: Evidence from the SIPP
John C. Ham and Lara D. Shore-Sheppard
- w8064 January 2001 Longevity-Insured Retirement Distributions from Pension Plans: Market and Regulatory Issues
Jeffrey R. Brown and Mark J. Warshawsky
- w8065 January 2001 The Relation Between Managed Care Market Share and the Treatment of Elderly Fee-For-Service Patients with Myocardial Infarction
Paul A. Heidenreich, Mark McClellan, Craig Frances, and Laurence C. Baker
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