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New This Week Archive

NBER Working Papers released in the past, by week.

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Week of June 25, 2001

New Book Chapters

• Creative Destruction or Just Plain Destruction?: The U.S. Textile and Apparel Industries since 1972
  Jim Levinsohn and Wendy Petropoulos #8348 (IO, ITI)
  
• Multi-Issue Bargaining and Linked Agendas: Ricardo Revisited or No Pain No Gain
  Ignatius J. Horstmann, James R. Markusen and Jack Robles #8347 (ITI)
  
• Standards and Related Regulations in International Trade: A Modeling Approach
  Mattias Ganslandt and James R. Markusen #8346 (ITI)
  
• Desegregation and Black Dropout Rates
  Jonathan Guryan #8345 (LS)
  
• Economic Status and Health in Childhood: The Origins of the Gradient
  Anne Case, Darren Lubotsky and Christina Paxson #8344 (C, HC)
  
• Vouchers for Private Schooling in Colombia: Evidence from a Randomized Natural Experiment
  Joshua Angrist, Eric Bettinger, Erik Bloom, Elizabeth King and Michael Kremer #8343 (EE, LS)
  
• Agency, Information and Corporate Interest
  Jeremy C. Stein #8342 (CF)
  
• Does Participating in a 401(k) Raise Your Lifetime Taxes?
  Jagadeesh Gokhale, Laurence J. Kotlikoff and Todd Neumann #8341 (A, PE)
  

  ---

  The following are new or updated chapters for forthcoming books:

  "Trade Integration and Risk Sharing"
  Aart Kraay and Jaume Ventura
  "Structural Convergence"
  Romain Wacziarg
  "Aggregate Productivity and Aggregate Technology"
  Susanto Basu and John G. Fernald
  "Imaginary Money"
  Eduardo Loyo
  "Does Public School Competition Affect Teacher Quality?"
  Eric A. Hanushek and Steven G. Rivkin
  "Introducing School Choice into Multi-District Public School Systems"
  Thomas J. Nechyba
  "What Hurts Most?" G-3 Exchange Rate or Interest Rate Volatility"
  Carmen M.Reinhart and Vincent Raymond Reinhart
  "Monetary Policy with Uncertain Central Bank Preferences"
  Anne Sibert
  Comment by Kenneth Kletzer
  Comment by Federico Sturzenegger

Week of June 18, 2001

New Book Chapters

• Taxation, Risk-Taking, and Household Portfolio Behavior
  James M. Poterba #8340 (AP, PE)
  
• Globalization and Inequality: Historical Trends
  Kevin H. O'Rourke #8339 (ITI)
  
• Credit, Prices, and Crashes: Business Cycles with a Sudden Stop
  Enrique G. Mendoza #8338 (IFM)
  
• The Skill Content of Recent Technological Change: An Empirical Exploration
  David H. Autor, Frank Levy and Richard J. Murnane #8337 (LS, PR)
  
• The Rise in Disability Recipiency and the Decline in Unemployment
  David H. Autor and Mark G. Duggan #8336 (LS, PE)
  
• A Unified Approach to Intra-Industry Trade and Direct Foreign Investment
  James R. Markusen and Keith E. Maskus #8335 (ITI)
  
• General-Equilibrium Approaches to the Multinational Firm: a Review of Theory and Evidence
  James R. Markusen and Keith E. Maskus #8334 (ITI)
  
• Do Estate and Gift Taxes Affect the Timing of Private Transfers?
  B. Douglas Bernheim, Robert J. Lemke and John Karl Scholz #8333 (A, PE)
  
• The Demand for Nicotine Replacement Therapies
  John A. Tauras and Frank J. Chaloupka #8332 (C, HE)
  
• 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 #8331 (C, HE)
  
• Economic Growth in East Asia Before and After the Financial Crisis
  Robert J. Barro #8330 (EFG)
  
• Social Security as a Financial Asset: Gender-Specific Risks and Returns
  Marianne Baxter #8329 (PE)
  
• Understanding Health Disparities Across Education Groups
  Dana Goldman and Darius Lakdawalla #8328 (HE)
  
• Who Dies? International Trade, Market Structure, and Industrial Restructuring
  Andrew B. Bernard and J. Bradford Jensen #8327 (ITI)
  
• A Primer on Emerging Market Crises
  Rudi Dornbusch #8326 (IFM)
  
• Malaysia: Was it Different?
  Rudi Dornbusch #8325 (IFM)
  
• Fewer Monies, Better Monies
  Rudi Dornbusch #8324 (IFM)
  
• Financial Systems, Economic Growth, and Globalization
  Peter L. Rousseau and Richard Sylla #8323 (DAE)
  

  ---

  The following are new or updated chapters for forthcoming books:

  "Characteristics of Foreign-Owned Firms in British Manufacturing"
  Rachel Griffith and Helen Simpson
  "The Surprising Retreat of Union Britain"
  John Pencavel
  "Britain's Record on Skills"
  Richard Layard, Steve McIntosh and Anna Vignoles
  "No More Skivvy Schemes? Active Labour Market Policies and the British New Deal for the Young Unemployed in Context"
  John Van Reenan
  Remarks by Timothy Geithner
  Comments by Jack E. Triplett, Steve Morgan and Eduardo Ley
  "The Measurement of Quality-Adjusted Price Changes"
  Mick Silver and Saeed Heravi
  "Neighborhood Schools, Choice, and the Distribution of Educational Benefits"
  Dennis Epple and Richard Romano
  "Do We Have a 'New' Macroeconomy?"
  J. Bradford DeLong
  "Recovery and Sustainability in East Asia"
  Yung Chul Park and Jong Wha Lee
  "Price Index Estimation Using Price Imputation for Unsold Items"
  Ralph Bradley
  "HMO Participation in Medicare Managed Care"
  John Cawley, Michael Chernew and Catherine McLaughlin
  "The Effects of Medicare on Health Care Utilization and Outcomes"
  Frank R. Lichtenberg

Week of June 11, 2001

New Book Chapters

• Domestic Bank Regulation and Financial Crises: Theory and Empirical Evidence from East Asia
  Robert Dekle and Kenneth M. Kletzer #8322 (IFM, ME)
  
• The Sputtering Labor Force of the 21st Century Can Social Policy Help?
  David T. Ellwood #8321 (LS)
  
• Prices, Wages and the U.S. NAIRU in the 1990s
  Douglas Staiger, James H. Stock and Mark W. Watson #8320 (EFG, ME)
  
• Did Legalized Abortion Lower Crime?
  Ted Joyce #8319 (C, HE)
  
• Health, Inequality and Economic Development
  Angus Deaton #8318 (A, C, HC)
  
• The Consumer Gains from Direct Broadcast Satellites and the Competition with Cable Television
  Austan Goolsbee and Amil Petrin #8317 (IO, PR)
  

  ---

  The following are new or updated chapters for forthcoming books:

  "Housing Programs for Low-Income Households"
  Edgar O. Olsen
  "Korea's Liberalization of Financial Service Trade"
  Sang In Hwang, Inseok Shin and Jungho Yoo
  "Mobility and Joblessness"
  Paul Gregg, Stephen Machin and Alan Manning
  "Seeking a Premier League Economy: the Role of Privatisation"
  Richard Green and Jonathan Haskel
  "Pension and Economic Performance in Britain in the 1980s and 1990s"
  Richard Disney, Carl Emmerson and Sarah Smith
  "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
  "Has 'In-Work' Benefit Reform Helped the Labour Market?"
  Richard Blundell and Hilary Hoynes
  "Intellectual Property: When Is It the Best Incentive System?""
  Nancy Gallini and Suzanne Scotchmer

Week of June 4, 2001

New Book Chapters

• The Self-Employed are Less Likely to Have Health Insurance Than Wage Earners. So What?
  Craig William Perry and Harvey S. Rosen #8316 (HC, PE)
  
• Rescue Packages and Output Losses Following Crises
  Michael P. Dooley and Sujata Verma #8315 (IFM)
  
• Do Liquidity Constraints and Interest Rates Matter for Consumer Behavior? Evidence from Credit Card Data
  David B. Gross and Nicholas S. Souleles #8314 (ME)
  
• The "New Keynesian" Phillips Curve: Closed Economy vs. Open Economy
  Assaf Razin and Chi-Wa Yuen #8313 (IFM)
  
• Dynamic Volume-Return Relation of Individual Stocks
  Guillermo Llorente, Roni Michaely, Gideon Saar and Jiang Wang #8312 (AP)
  
• Asset Prices and Trading Volume Under Fixed Transactions Costs
  Andrew W. Lo, Harry Mamaysky and Jiang Wang #8311 (AP)
  
• The Labor Market Impact of State-Level Anti-Discrimination Laws, 1940-1960
  William J. Collins #8310 (DAE)
  
• Labor Income and Predictable Stock Returns
  Tano Santos and Pietro Veronesi #8309 (AP)
  
• Earnings Quality and Stock Returns
  Konan Chan, Louis K. C. Chan, Narasimhan Jegadeesh and Josef Lakonishok #8308 (AP)
  
• The Sources and Uses of Annual Giving at Private Research Universities
  Ronald G. Ehrenberg and Christopher L. Smith #8307 (PE)
  
• Opportunity Counts: Teams and the Effectiveness of Production Incentives
  Brent Boning, Casey Ichniowski and Kathryn Shaw #8306 (LS, P)
  

  ---

  The following are new or updated chapters for forthcoming books:

  Remarks by Andrew Crockett, Michael Dooley and Roberto Mendoza
  "Liberalization of Trade in Services and Productivity Growth in Korea"
  Jong-Il Kim and June-Dong Kim
  "Service Trade in East Asia"
  Shujiro Urata and Kozo Kiyota
  Comments by Chong-Hyun Nam
  Comments by Olivier Blanchard and Edwin M. Truman
  "On the Fiscal Implication of Twin Crises"
  Craig Burnside, Martin Eichenbaum and Sergio Rebelo
  "An Evaluation of Proposals to Reform the International Financial Architecture"
  Morris Goldstein
  Introduction, and comments by Enrique G. Mendoza, Joshua Aizenman, Simon Johnson, Alejandro M. Werner and Jorge Braga de Macedo
  "Financial and Monetary Policies in an Economy with Balance Sheet Effects"
  Aaron Tornell
  "Malaysia: Was It Different?"
  Rudiger Dornbusch
  "Housing Programs for Low-Income Households"
  Edgar O. Olson
  Introduction, Robert Feenstra and Matthew Shapiro
  Comments by Julio Rotemberg and Marshall B. Reinsdorf
  "Some Economic Aspects of Antitrust Analysis in Dynamically Competitive Industries"
  David S. Evans and Richard Schmalensee
  "Scanner Indexes for the CPI"
  David Richardson
  "Hedonic Regressions: A Consumer Theory Approach"
  Erwin Diewert
  "Estimating Price Movements for Consumer Durables Using Electronic Retail Transactions Data: An Empirical Study on Televisions"
  Robin Lowe and Candace Ruscher
  "Government Support for Commercial R&D: Lessons from the Israeli Experience"
  Manuel Trajtenberg
  "Commodity Market Integration, 1500-2000"
  Ronald Findlay and Kevin O'Rourke
  "Globalisation and Convergence"
  Steven Dowrick and J. Bradford DeLong
  Comment by Charles I. Jones
  "Does Globalization Make the World More Unequal?"
  Peter H. Lindert and Jeffrey G. Williamson
  "Globalization and Geography: an Historical Perspective"
  Nicholas Crafts and Anthony J. Venables
  "Financial Systems, Economic Growth, and Globalization"
  Peter L. Rousseau and Richard Sylla
  "Monetary and Financial Reform in Two Eras of Globalization (and In Between)"
  Barry Eichengreen and Harold James
  "Technology in the Great Divergence"
  Gregory Clark and Robert Feenstra

Week of May 21, 2001

New Book Chapters

• A Cure Worse Than the Disease? Currency Crises and the Output Costs of IMF-Supported Stabilization Programs
  Michael M. Hutchison #8305 (IFM)
  
• 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 #8304 (ITI)
  
• The Role of Large Players in Currency Crises
  Giancarlo Corsetti, Paolo Pesenti and Nouriel Roubini #8303 (IFM)
  
• Can the Market Add and Subtract? Mispricing in Tech Stock Carve-Outs
  Owen A. Lamont and Richard H. Thaler #8302 (AP, CF)
  
• A Century of Missing Trade?
  Antoni Estevadeordal and Alan M. Taylor #8301 (ITI)
  
• Affiliation, Integration, and Information: Ownership Incentives and Industry Structure
  Thomas N. Hubbard #8300 (IO)
  
• Foreign Direct Investment and Wages in Indonesian Manufacturing
  Robert E. Lipsey and Fredrik Sjoholm #8299 (ITI)
  

  ---

  The following are new or updated chapters for forthcoming books:

  "A Study of Competitiveness of International Tourism in the South East Asian Region"
  Kuo-Liang Wang and Chung-Shu Wu
  "Private Sector's View of Trade Liberalization in Services: A Hong Kong Perspective"
  Clement Yuk Pang Wong and Anming Zhang
  "Measuring the Cost of Barriers to Trade in Services"
  Philippa Dee, Kevin Hanslow and Tien Phamduc
  "Regulating Services Trade: Matching Policies to Objectives"
  Richard H. Snape
  "Korea's Telecom Services Reform through Trade Negotiations"
  Nae-Chan Lee and Han-Young Lie
  "Taiwan's Accession into the WTO and Trade in Services: A Computable General Equilibrium Analysis"
  Ji Chou, Shiu-Tung Wang, Kun-Ming Chen and Nai-Fong Kuo
  Discussion summaries
  Remarks by Montek S. Ahluwalia
  Comment by Robert Dekle
  "Interest Rate Defense Against Speculative Attack as a Signal: A Primer"
  Allan Drazen
  "IMF and World Bank Structural Adjustment Programs and Poverty"
  William Easterly
  "Does It Pay to Defend Against a Speculative Attack?"
  Barry Eichengreen and Andrew Rose
  "Impacts of the Indonesian Economic Crisis: Price Changes and the Poor"
  James Levinsohn, Steven Berry and Jed Friedman
  "Interest Rates and Exchange Rates in the Korean, Philippine and Thai Exchange Rate Crises"
  Dongchol Cho and Kenneth D. West
  "Financial Restructuring in Banking and Corporate Sector Crises: What Policies to Pursue?"
  Stijn Claessens, Daniela Klingebiel, and Luc Laeven

Week of May 14, 2001

New Book Chapters

• 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 #8298 (A, LS, PR)
  
• The Impact of Technological Change on Older Workers: Evidence from Data on Computer Use
  Leora Friedberg #8297 (CH, LS, PE)
  
• Lumpy Consumer Durables, Market Power, and Endogenous Business Cycles
  Kala Krishna and Cemile Yavas #8296 (EFG)
  
• Understanding the Decline in Social Capital, 1952-1998
  Dora L. Costa and Matthew E. Kahn #8295 (DAE)
  
• Empirical Implications of Equilibrium Building in First-Price, Symmetric, Common Value Auctions
  Kenneth Hendricks, Joris Pinkse and Robert H. Porter #8294 (IO)
  
• The Long and Short of the Canada-U.S. Free Trade Agreement
  Daniel Trefler #8293 (ITI)
  
• Comparative Localization of Academic and Industrial Spillovers
  James D. Adams #8292 (PR)
  
• Can Consumers Detect Lemons? Information Asymmetry in the Market for Child Care
  H. Naci Mocan #8291 (CH)
  
• Sticky Information Versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve
  N. Gregory Mankiw and Ricardo Reis #8290 (EFG, ME)
  
• Is Disinflation Good for the Stock Market?
  Peter Blair Henry #8289 (IFM, ME)
  
• Who Owns the Media?
  Simeon Djankov, Caralee McLiesh, Tatiana Nenova and Andrei Shleifer #8288 (PE)
  
• Directed Technical Change
  Daron Acemoglu #8287 (DAE, EFG, LS)
  
• Norms and the Theory of the Firm
  Oliver Hart #8286 (CF)
  
• Financial Contracting
  Oliver Hart #8285 (CF)
  
• Induced Innovation and Energy Prices
  David Popp #8284 (PR)
  
• 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 #8283 (DAE, PE)
  
• The Level and Persistence of Growth Rates
  Louis K.C. Chan, Jason Karceski and Josef Lakonishok #8282 (AP)
  

  ---

  The following are new or updated chapters for forthcoming books:

  "Rescue Packages and Output Losses Following Crises"
  Michael Dooley and Sujata Verma
  "A Cure Worse Than the Disease? Currency Crises and the Output Costs of IMF-Supported Stabilization Programs"
  Michael M. Hutchinson
  "The International Lender of Last Resort: How Large is Large Enough?"
  Olivier Jeanne and Charles Wyplosz
  Comments by Fukunari Kimura, Anne O. Krueger, Ponciano Intal, June-Dong Kim, Philippa Dee, Kazumasa Iwata, Chayun Tantivasadakarn, Aaditya Mattoo, Edwin Lai, Richard Snape, Chong-Hyun Nam and Keiko Ito
  Discussion summaries and comments by Raghuram Rajan, Douglas Diamond, Patricia Jackson, Jeremy Stein, Ben Bernanke and Stephen G. Cecchetti
  Discussion summaries and comments

Week of May 7, 2001

New Book Chapters

• Employment, Dynamic Deterrence and Crime
  Susumu Imai and Kala Krishna #8281 (LS)
  
• Who Bears the Burden of the Corporate Tax in The Open Economy?
  Jane Gravelle and Kent Smetters #8280 (PE)
  
• Keiretsu and Relationship-Specific Investment: Implications for Market-Opening Trade Policy
  Larry D. Qiu and Barbara J. Spencer #8279 (ITI)
  
• Ownership and Use Taxes as Congestion Correcting Instruments
  Ngee-Choon Chia, Albert K C Tsui and John Whalley #8278 (PE)
  
• On the Fiscal Implications of Twin Crises
  Craig Burnside, Martin Eichenbaum and Sergio Rebelo #8277 (EFG, IFM, ME)
  
• A New Approach to Valuing Secured Claims in Bankruptcy
  Lucian Arye Bebchuk and Jesse M. Fried #8276 (LE)
  
• Does the Current Account Matter?
  Sebastian Edwards #8275 (IFM, ITI)
  
• Dollarization and Economic Performance: An Empirical Investigation
  Sebastian Edwards #8274 (IFM, ITI)
  
• Two-Sided Learning, Labor Turnover and Worker Displacement
  Gerard A. Pfann and Daniel S. Hamermesh #8273 (LS)
  
• Legal Origins
  Edward L. Glaeser and Andrei Shleifer #8272 (CF, LE)
  
• Prices and Price Dispersion on the Web: Evidence from the Online Book Industry
  Karen Clay, Ramayya Krishnan and Eric Wolff #8271 (IO)
  
• Intergenerational Risk Sharing in the Spirit of Arrow, Debreu, and Rawls, with Applications to Social Security Design
  Laurence Ball and N. Gregory Mankiw #8270 (EFG, PE)
  
• Does Money Matter? Regression-Discontinuity Estimates from Education Finance Reform in Massachusetts
  Jonathan Guryan #8269 (C, LS)
  
• Some Economic Aspects of Antitrust Analysis in Dynamically Competitive Industries
  David S. Evans and Richard Schmalensee #8268 (IO)
  
• Preferences for Redistribution in the Land of Opportunities
  Alberto Alesina and Eliana La Ferrara #8267 (PE)
  
• Measuring Masters and Masterpieces: French Rankings of French Painters and Paintings from Realism to Surrealism
  Martin Bruegel and David W. Galenson #8266 (LS)
  
• Stock Market Liberalizations and the Repricing of Systematic Risk
  Anusha Chari and Peter Blair Henry #8265 (AP, IFM)
  
• Economic Problems of Ireland in Europe
  Martin Feldstein #8264 (IFM, PE)
  

  ---

  The following are new or updated chapters for forthcoming books:

  "Dollarization of Liabilities, Net Worth Effects, and Optimal Monetary Policy"
  Luis Felipe Céspedes, Roberto Change and Andrés Velasco
  "Living with the Fear of Floating: An Optimal Policy Perspective"
  Amartya Lahiri and Carlos A. Végh
  Comments by Michael Burda, Axel Borsch-Supan, Laurence Kotlikoff, Franco Peracchi, Reijo Vanne, Andrew Samwick, A.L. Bovenberg and John McHale
  "Does Public School Competition Affect Teacher Quality"
  Eric A. Hanushek and Steven G. Rivkin
  "School Vouchers: Results from Randomized Experiments"
  Paul E. Peterson, William G. Howell, Patrick J. Wolf, David E. Campbell
  "Introducing School Choice into Multi-District Public School Systems"
  Thomas J. Nechyba
  "School Choice and School Productivity (or, Could School Choice be a Tide that Lifts all Boats?)"
  Caroline M. Hoxby
  "Vouchers: A Dynamic Analysis"
  Raquel Fernandez and Richard Rogerson
  "Can School Choice and School Accountability Successfully Coexist?"
  David Figlio and Marianne Page
  "The Role of Special Education in School Choice"
  Julie Berry Cullen and Steven G. Rivkin
  "Neighborhood Schools, Choice and the Distribution of Education Benefits"
  Dennis N. Epple and Richard E. Romano
  "The Role of Large Players in Currency Crises"
  Giancarlo Corsetti, Paolo Pesenti and Nouriel Roubini
  "Contagion: How to Measure It"
  Roberto Rigobon
  Comments by Robert Flood, Peter Kenen

Week of April 30, 2001

• The Declining Quality of Teachers
  Darius Lakdawalla #8263 (LS, EE)
  
• The Exchange Theory of Teenage Smoking and the Counterproductiveness of Moderate Regulation
  Kent Smetters and Jennifer Gravelle #8262 (C, PE)
  
• Distortion Costs of Taxing Wealth Accumulation: Income Versus Estate Taxes
  Douglas Holtz-Eakin and Donald Marples #8261 (PE)
  
• Worker Displacement and the Added Worker Effect
  Melvin Stephens Jr. #8260 (LS)
  
• The Equivalence of the Social Security's Trust Fund Portfolio Allocation and Capital Income Tax Policy
  Kent Smetters #8259 (A, PE)
  
• Finding a Way Out of America's Demographic Dilemma
  Laurence J. Kotlikoff, Kent Smetters and Jan Walliser #8258 (A, PE)
  
• A Biological Model of Unions
  Michael Kremer and Benjamin A. Olken #8257 (EFG, LS)
  
• Payment Systems and Interchange Fees
  Richard Schmalensee #8256 (IO)
  
• Indicator Variables for Optimal Policy under Asymmetric Information
  Lars E. O. Svensson and Michael Woodford #8255 (EFG, ME)
  
• Global Corporations and Local Politics: A Theory of Voter Backlash
  Eckhard Janeba #8254 (ITI)
  
• 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 #8253 (LS, PE)
  
• Electoral Acceleration: The Effect of Minority Population on Minority Voter Turnout
  Felix Oberholzer-Gee and Joel Waldfogel #8252 (LE, PE)
  
• Links and Hyperlinks: An Empirical Analysis of Internet Portal Alliances, 1995-1999
  Dan Elfenbein and Josh Lerner #8251 (CF, IO, PR)
  
• Searching for Prosperity
  Michael Kremer, Alexei Onatski and James Stock #8250 (EFG)
  

Week of April 23, 2001

New Book Chapters

• Lending Booms: Latin America and the World
  Pierre-Olivier Gourinchas, Rodrigo Valdes and Oscar Landerretche #8249 (IFM)
  
• 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 #8248 (IO)
  
• Are the Young Becoming More Disabled?
  Darius Lakdawalla, Dana Goldman and Jay Bhattacharya #8247 (HE)
  
• An Econometric Model of the Yield Curve with Macroeconomic Jump Effects
  Monika Piazzesi #8246 (AP, ME)
  
• Does Financial Liberalization Spur Growth?
  Geert Bekaert, Campbell R. Harvey and Christian Lundblad #8245 (AP, EFG)
  
• One Size Fits All? Heckscher-Ohlin Specialization in Global Production
  Peter K. Schott #8244 (ITI)
  
• Do We Have A New E-Conomy?
  Martin N. Baily and Robert Lawrence #8243 (EFG, PR)
  
• The Value Spread
  Randolph B. Cohen, Christopher Polk and Tuomo Vuolteenaho #8242 (AP)
  
• Differential Mortality in the UK
  Orazio P. Attanasio and Carl Emmerson #8241 (A, HE)
  
• What Drives Firm-Level Stock Returns?
  Tuomo Vuolteenaho #8240 (AP)
  
• The Human Capital Century and American Leadership: Virtues of the Past
  Claudia Goldin #8239 (DAE, LS)
  
• Union Effects on Health Insurance Provision and Coverage in the United States
  Thomas C. Buchmueller, John DiNardo and Robert G. Valletta #8238 (HE, LS)
  
• What Caused the Crisis of 1839?
  John Joseph Wallis #H0133 (DAE)
  

  ---

  The following are new or updated chapters for forthcoming books:

  "The Role of Large Players in Currency Crises"
  Giancarlo Corsetti, Paolo Pesenti and Nouriel Roubini
  "Contagion: How to Measure it?"
  Roberto Rigobon
  "Domestic Bank Regulation and Financial Crises: Theory and Empirical Evidence from East Asia"
  Robert Dekle and Kenneth Kletzer
  "The Role of Industrial Country Policies in Emerging Market Crises"
  Jeffrey Frankel and Nouriel Roubini
  "The German Pension System: Status Quo and Reform Options"
  Bert Rürup
  "Italy: A Never-Ending Pension Reform"
  Daniele Franco
  "Swedish Pension Reform - How Did It Evolve and What Does It Mean for the Future?"
  Edward Palmer
  "The Hungarian Pension Reform: A Preliminary Assessment of the First Years of Implementation"
  Robert Rocha, Dimitri Vittas
  "Recent Developments in Old-Age Pension Systems: An International Overview"
  Klaus-Jürgen Gern

Week of April 16, 2001

• Saving Puzzles and Saving Policies in the United States
  Annamaria Lusardi, Jonathan Skinner and Steven Venti #8237 (A, PE)
  
• The Financial Problems of the Elderly: A Holistic Approach
  Victor R. Fuchs #8236 (HC, A)
  
• Pre-Contractual Reliance
  Lucian Arye Bebchuk and Omri Ben-Shahar #8235 (LE)
  
• Individual Learning About Consumption
  Todd W. Allen and Christopher D. Carroll #8234 (ME)
  
• Precautionary Saving and the Marginal Propensity To Consume out of Permanent Income
  Christopher D. Carroll #8233 (ME)
  
• Markets and Multiunit Firms from an American Historical Perspective
  Sukkoo Kim #8232 (DAE)
  
• Why is Health Related to Socioeconomic Status?
  Ellen Meara #8231 (HC)
  

Week of April 9, 2001

New Book Chapters

• International Dimensions of Optimal Monetary Policy
  Giancarlo Corsetti and Paolo Pesenti #8230 (IFM)
  
• Retirement and Wealth
  Alan L. Gustman and Thomas L. Steinmeier #8229 (A, LS, PE)
  
• Does Globalization Make the World More Unequal?
  Peter H. Lindert and Jeffrey G. Williamson #8228 (DAE, ITI)
  
• Quantifying the Benefits of New Products: The Case of the Minivan
  Amil Petrin #8227 (IO)
  
• Should Monetary Policy Respond Strongly to Output Gaps?
  Bennett T. McCallum #8226 (EFG, ME)
  
• Inflation Targeting and the Liquidity Trap
  Bennett T. McCallum #8225 (EFG, ME)
  
• Financial Safety Nets: Reconstructing and Modeling a Policymaking Metaphor
  Edward J. Kane #8224 (CF)
  
• Taxation and Portfolio Structure: Issues and Implications
  James M. Poterba #8223 (AP, PE)
  
• Culture, Openness, and Finance
  Rene M. Stulz and Rohan Williamson #8222 (CF)
  
• Valuation Ratios and the Long-Run Stock Market Outlook: An Update
  John Y. Campbell and Robert J. Shiller #8221 (AP, EFG, ME)
  
• Corporate Governance and Merger Activity in the U.S.: Making Sense of the 1980s and 1990s
  Bengt Holmstrom and Steven N. Kaplan #8220 (CF)
  
• The Perverse Effects of Partial Labor Market Reform: Fixed Duration Contracts in France
  Olivier Blanchard and Augustin Landier #8219 (EFG)
  

  ---

  The following are new or updated chapters for forthcoming books:

  "When is U.S. Bank Lending to Emerging Markets Volatile?"
  Linda S. Goldberg

Week of April 2, 2001

• European Inflation Dynamics
  Jordi Galí, Mark Gertler and J. David López-Salido #8218 (AP, EFG, ME)
  
• The International Macroeconomics of Taxation and the Case Against European Tax Harmonization
  Enrique G. Mendoza #8217 (IFM, PE)
  
• 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 #8216 (HC, IO)
  
• The Effects of Race and Sex Discrimination Laws
  David Neumark and Wendy A. Stock #8215 (LS)
  
• Do Political Institutions Shape Economic Policy?
  Torsten Persson #8214 (PE)
  
• Estimating the Customer-Level Demand for Electricity Under Real-Time Market Prices
  Robert H. Patrick and Frank A. Wolak #8213 (IO)
  
• An Empirical Analysis of the Impact of Hedge Contracts on Bidding Behavior
  Frank A. Wolak #8212 (IO)
  
• Does Entry Regulation Hinder Job Creation? Evidence from the French Retail Industry
  Marianne Bertrand and Francis Kramarz #8211 (LS)
  
• Do Cognitive Test Scores Explain Higher US Wage Inequality?
  Francine D. Blau and Lawrence M. Kahn #8210 (LS)
  
• When Is U.S. Bank Lending to Emerging Markets Volatile?
  Linda S. Goldberg #8209 (IFM)
  
• Housing Programs for Low-Income Households
  Edgar O. Olsen #8208 (PE)
  
• Stock Return Predictability: Is it There?
  Andrew Ang and Geert Bekaert #8207 (AP)
  
• Educational Inequality
  Yoshiaki Azuma and Herschel I. Grossman #8206 (EFG)
  
• Rethinking the Estate and Gift Tax: Overview
  William G. Gale and Joel Slemrod #8205 (PE)
  
• What We Spend and What We Get: Public and Private Provision of Crime Prevention
  Ann Dryden Witte and Robert Witt #8204 (PE)
  
• Taxation and Corporate Financial Policy
  Alan J. Auerbach #8203 (CF, PE)
  
• Venture Capitalists As Principals: Contracting, Screening, and Monitoring
  Steven N. Kaplan and Per Strömberg #8202 (CF)
  
• Hospital Governance, Performance Objectives, and Organizational Form
  Leslie Eldenburg, Benjamin E. Hermalin, Michael S. Weisbach and Marta Wosinska #8201 (CF, HC)
  
• Understanding International Differences in the Gender Pay Gap
  Francine D. Blau and Lawrence M. Kahn #8200 (LS)
  
• Child Support: Interaction Between Private and Public Transfers
  Robert I. Lerman and Elaine Sorensen #8199 (PE)
  
• Inequality and Happiness: Are Europeans and Americans Different?
  Alberto Alesina, Rafael Di Tella and Robert MacCulloch #8198 (PE)
  
• The Bias of the RSR Estimator and the Accuracy of Some Alternatives
  William N. Goetzmann and Liang Peng #T0270 (TWP)
  

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