Archive of New National Bureau of Economic Research Working Papers and Books
New This Week Archive
NBER Working Papers released in the past, by week.Week of September 29, 2003 | Latest NBER Working Papers |
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Selection and Improvement: Physician Responses to Financial Incentives
Jason Barro and Nancy Beaulieu #10017 (HE)
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On the Sluggish Resoponse of Prices to Money in a Inventory-Theoretic Model of Money
Fernando Alvarez, Andrew Atkeson, and Chris Edmond #10016 (ME)
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Addicted to Dollars
Carmen M. Reinhart, Kenneth S. Rogoff, and Miguel A. Savastano #10015 (IFM)
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Did Unilateral Divorce Laws Raise Divorce Rates? A Reconciliation and New Results
Justin Wolfers #10014 (LS, LE)
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Simple Forecasts and Paradigm Shifts
Harrison Hong and Jeremy C. Stein #10013 (AP)
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Effects of Disease Type and Latency on the Value of Mortality Risk
Jin-Tan Liu and James K. Hammitt #10012 (HE)
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Valuation of the Risk of SARS in Taiwan
Jin-Tan Liu, James K. Hammitt, Jung-Der Wang, and Meng-Wen Tsou #10011 (HE)
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The Case of the Missing Productivity Growth: Or, Does Information Technology Explain Why Productivity Accelerated in the United States but not the United Kingdom?
Susanto Basu, John G. Fernald, Nicholas Oulton, and Sylaja Srinivasan #10010 (EFG, ME)
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Financial Asset Returns, Direction-of-Change Forecasting, and Volatility Dynamics
Peter F. Christoffersen and Francis X. Diebold #10009 (EFG, AP)
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When School Compete, How Do They Compete? An Assessment of Chile's Nationwide School Voucher Program
Chang-Tai Hsieh and Miguel Urquiola #10008 (ED, LS)
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Reference Pricing of Pharmaceuticals for Medicare: Evidence from Germany, the Netherlands and New Zealand
Patricia M. Danzon and Jonathan D. Ketcham #10007 (IO)
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The Cost of Labor Adjustment: Inferences from the Gap
Russell W. Cooper and Jonathan Willis #10006 (EFG, LS)
Chapters for Forthcoming NBER Books
"The Effects of Progressive Income Taxation on Job Turnover"
William M. Gentry and R. Glenn Hubbard
"Communications Equipment: What Has Happened to Prices?"
Mark Doms
"A New Approach to the Valuation of Intangible Capital"
Jason G. Cummins
"Intangible Risk?"
Lars Peter Hansen, John C. Heaton and Nan Li
"R&D in the National Income and Product Accounts: A First Look at its Effect on GDP"
Barbara M. Fraumeni and Sumiye Okubo
Comment by Kozo Kiyota on "The Effects of Financial Crises on International Trade," Leonard Cheng and Zihui Ma
Week of September 22, 2003 | Latest NBER Working Papers |
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Concavity of Utility, Concavity of Welfare, and Redistribution of Income
Louis Kaplow #10005 (LE)
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Hamas, Taliban and the Jewish Underground: An Economist's View of Radical Religious Militias
Eli Berman #10004 (LS, P)
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Medium Term Business Cycles
Diego Comin and Mark Gertler #10003 (EFG, ME)
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Kidney Exchange
Alvin E. Roth, M. Utku Unver, and Tayfun Sonmez #10002 (HE, PE
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US-Europe Differences in Technology-Driven Growth: Quantifying the Role of Education
Dirk Krueger and Krishna B. Kumar #10001 (EFG, P)
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Trade Wars: The Exaggerated Impact of Trade in Economic Debate
Richard B. Freeman #10000 (ITI, LS)
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Retirement and the Evolution of Pensions Structure
Leora Friedberg and Anthony Webb #9999 (A, LS)
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Relative Wage Variation and Industry Location
Andrew B. Bernard, Stephen Redding, Peter K. Schott, and Helen Simpson #9998 (ITI)
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Individual Preferences, Monetary Gambles, and the Equity Premium
Nicholas Barberis, Ming Huang, and Richard Thaler #9997 (LS)
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The Effects of Offering Health Plan Choice within Employment-Based Purchasing Groups
M. Kate Bundorf #9996 (HE)
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Appearing and Disappearing Dividends: The Link to Catering Incentives
Malcolm Baker and Jeffrey Wurgler #9995 (CF)
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Are Mental Health Insurance Mandates Effective? Evidence from Suicides
Jonathan Klick and Sara Markowitz #9994 (HE)
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On the Welfare Consequences of the Increase in Inequality in the United States
Dirk Krueger and Fabrizio Perri #9993 (EFG)
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What Do Unions Do ... to Voting?
Richard B. Freeman #9992 (AP)
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Are Faculty Critical? Their Role in University-Industry Licensing
Jerry G. Thursby and Marie C. Thursby #9991 (P)
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Corruption in Cities: Graft and Politics in American Cities at the Turn of the Twentieth Century
Rebecca Menes #9990 (DAE)
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Institutional and Non-Institutional Explanations of Economic Differences
Stanley L. Engerman and Kenneth L. Sokoloff #9989 (DAE)
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A New Method of Estimating Risk Aversion
Raj Chetty #9988 (AP, PE)
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Can a Work Organization Have an Attitude Problem? The Impact of Workplaces on Employee Attitudes and Economic Outcomes
Ann Bartel, Richard Freeman, Casey Ichniowski, and Morris M. Kleiner #9987 (LS)
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Demand and Pricing in Electricity Markets: Evidence from San Diego During California's Energy Crisis
Peter C. Reiss and Matthew W. White #9986 (IO)
Week of September 15, 2003 | Latest NBER Working Papers |
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The Output Composition Puzzle: A Difference in the Monetary Transmission Mechanism in the Euro Area and U.S.
Ignazio Angeloni, Anil K. Kashyap, Benoit Mojon, and Daniele Terlizzese #9985 (EFG, ME)
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Monetary Transmission in the Euro Area: Does the Interest Rate Channel Explain All?
Ignazio Angeloni, Anil K. Kashyap, Benoit Mojon, and Daniele Terlizzese #9984 (EFG, ME)
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Generational Accounting in Korea
Alan J. Auerbach and Young Jun Chun #9983 (A, PE)
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An Experimental Study of Storable Votes
Alessandra Casella, Andrew Gelman, and Thomas R. Palfrey #9982 (PE)
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Inflation Targeting in the United States?
Marvin Goodfriend #9981 (ME)
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Hedonic Price Indexes with Unobserved Product Characteristics, and Application to PC's
C. Lanier Benkard and Patrick Bajari #9980 (IO, P)
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How did Location Affect Adoption of the Commercial Internet? Global Village, Urban Density and Industry Composition
Chris Forman, Avi Goldfarb, and Shane Greenstein #9979 (IO, P)
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Lessons From Patents: Using Patents To Measure Technological Change in Environmental Models
David Popp #9978 (P)
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Unemployment Risk and Compensating Differential in Late-Nineteenth Century New Jersey Manufacturing
Susan Averett, Howard Bodenhorn, and Justas Staisiunas #9977 (DAE)
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The Consumption Response to Predictable Changes in Discretionary Income: Evidence from the Repayment of Vehicle Loans
Melvin Stephens Jr.#9976 (EFG)
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International Adverse Selection in Life Insurance and Annuities
David McCarthy and Olivia S. Mitchell #9975 (A)
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The Conditional CAPM does not Explain Asset-Pricing Anomalies
Jonathan Lewellen and Stefan Nagel #9974 (AP)
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What Effect do Unions Have on Wages Now and Would 'What Do Unions Do' Be Surprised?
David G. Blanchflower and Alex Bryson #9973 (LS)
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How Do Hospitals Respond to Price Changes?
Leemore S. Dafny #9972 (A, HE)
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An Essay on the Revised Bretton Woods System
Michael P. Dooley, David Folkerts-Landau, and Peter Garber #9971 (IFM)
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The Cost of Business Cycles Under Endogenous Growth
Gadi Barlevy #9970 (EFG)
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Monetary Policy in an Uncertain Environment
Martin Feldstein #9969 (ME)
Chapters for Forthcoming NBER Books
"Optimal Inflation Targeting Rules"
Marc P. Giannoni and Michael Woodford
"The Cast of the Missing Productivity Growth: Or, Does Information Technology Explain Why Productivity Accelerated in the United States but not the United Kingdom?"
Susanto Basu, John G. Fernald, Nicholas Oulton and Sylaja Srinivasan," and Appendix "The Bank of England Industry Dataset" Nicholas Oulton and Sylaja Srinivasan
"Spending Less Time with the Family: The Decline of Family Ownership in the UK"
Julian Franks, Colin Mayer and Stefano Rossi
"The Rise and Fall of the Widely Held Firm in Canada"
Randall Morck, Michael Percy, Gloria Tian and Bernard Yeung
"The History of Corporate Ownership in China"
William Goetzmann and Elisabeth Köll
"Been There, Done That: The History of Corporate Ownership in Japan"
Randall Morck and Masao Nakamura
Week of September 8, 2003 | Latest NBER Working Papers |
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Optimal Monetary Policy in a Liquidity Trap
Gauti B. Eggertsson and Michael Woodford #9968 (EFG, ME)
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Wage Determination and Employment Fluctuations
Robert E. Hall #9967 (EFG, LS)
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Price Indexes for Microsoft's Personal Computer Software Products
Jaison R. Abel, Ernst R. Berndt, and Alan G. White #9966 (P)
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Scale and Scope Economies in the Global Advertising and Marketing Services Business
Alvin J. Silk and Ernst R. Berndt #9965 (IO, ITI)
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The Impact of Lensth of the School Year on Student Performance and Earnings: Evidence from the German Short School Year
Jorn-Steffen Pischke #9964 (LS)
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Does Marijuana Use Impair Human Capital Formation?
Rosalie Liccardo Pacula, Karen E. Ross, and Jeanne Ringel #9963 (HE, C)
Week of September 1, 2003 | Latest NBER Working Papers |
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The Economics of Identity and the Endogeneity of Race
Howard Bodenhorn and Christopher S. Ruebeck #9962 (DAE)
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Is the Fiscal Theory of the Price Level Learnable?
Bennett T. McCallum #9961 (EFG, ME)
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The Unique Minimum State Variable RE Solution is E-Stable in All Well Formulated Linear Models
Bennett T. McCallum #9960 (EFG, ME)
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Housing Collateral, Consumption Insurance and Risk Premia: An Empirical Perspective
Hanno Lustig and Stijn Van Nieuwerburgh #9959 (AP)
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The "Virtues" of the Past: Education in the First Hundred Years of the New Republic
Claudia Goldin and Lawrence F. Katz #9958 (ED, DAE, LS, C)
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Private Information and its Effect on Market Equilibrium:New Evidence from Long-Term Care Insurance
Amy Finkelstein and Kathleen McGarry #9957 (A, HE, PE)
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Banks' Advantage in Hedging Liquidity Risk: Theory and Evidence from the Commercial Paper Market
Evan Gatev and Philip E. Strahan #9956 (CF)
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Advance Cirectives and Medical Treatment at the End of Life
Daniel Kessler and Mark B. McClellan #9955 (A, HE)
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Child Care in Poor Communities: Early Learning Effects of Type, Quality, and Stability
Susanna Loeb, Bruce Fuller, Sharon Lynn Kagan, Bidemi Carrol, Judith Carroll, and Jan McCarthy #9954 (ED, C)
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The Draw of Home: How Teachers' Preferences for Proximity Disadvantage Urban Schools
Donald Boyd, Hamilton Lankford, Susanna Loeb, and James Wyckoff 9953 (ED)
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The Relationship between Mental Health and Substance Abuse Treatment and Juvenile Crime
Alison Evans Cuellar, Sara Markowitz, and Anne M. Libby #9952 (HE, C)
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Capital Investments and Stock Returns
Sheridan Titman , K.C. John Wei, and Feixue Xie #9951 (CF)
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Gone But Not Forgotten: Labor Flows, Knowledge Spillovers, and Enduring Social Capital
Ajay Agrawal, Iain M. Cockburn, and John McHale #9950 (LS, P)
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Propping and Tunneling
Eric Friedman, Simon Johnson, and Todd Mitton #9949 (CF)
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Official Interventions and Occasional Violations Uncovered Interest Parity in the Dollar-DM Market
Nelson Mark and Young-Kyu Moh #9948 (IFM)
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Trade Policy and Industrial Sector Responses: Using Evolutionary Models to Interpret the Evidence
Erkan Erdem and James Tybout #9947 (ITI,PR)
Week of August 25, 2003 | Latest NBER Working Papers |
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Partial Adjustment without Apology
Robert G. King and Julia K. Thomas #9946 (EFG)
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Incomplete Contracts and the Product Cycle
Pol Antras #9945 (ITI))
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Trade Disruptions and America's Early Industrialization
Douglas A. Irwin and Joseph H. Davis #9944 (DAE, ITI)
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The Aftermath of Hamilton's "Report on Manufactures"
Douglas A. Irwin #9943 (DAE, ITI)
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Does Information Undermine Brand? Information Intermediary Use and Preference for Branded Web Retailers
Joel Waldfogel and Lu Chen #9942 (IO, LE)
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Changes in the Process of Aging During the Twentieth Century: Findings and Procedures of the Early Indicators Project
Robert W. Fogel #9941 (A, DAE, CS)
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The Terms of Trade and Economic Growth in the Periphery 1870-1938
Christopher Blattman, Jason Hwang, and Jeffrey G. Williamson #9940 (DAE, ITI)
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Optimal Inflation Targeting Rules
Marc P. Giannoni and Michael Woodford #9939 (EFG, ME)
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The Causes and Consequences of Distinctively Black Names
Roland G. Fryer and Steven D. Levitt #9938
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The Magnitude and Nature of Risk Selection in Employer-Sponsored Health Plans
Sean Nicholson, M. Kate Bundorf, Rebecca M. Stein, Daniel Polsky #9937 (HE)
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On the Duration of Trade
Tibor Besedes and Thomas J. Prusa #9936 (ITI)
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The Reappearing Masterpiece: Ranking American Artists and Art Works of the Late Twentieth Century
David W. Galenson #9935 (LS)
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Unbundling Institutions
Daron Acemoglu and Simon Johnson #9934 (CF, LS)
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Becoming Oldest-Old: Evidence from Historical U.S. Data
Dora L. Costa and Joanna Lahey #9933 (A, DAE, CS)
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Tough Policies, Incredible Policies?
Andres Velasco and Alejandro Neut #9932 (IFM)
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Micro-foundations of Urban Agglomeration Economies
Gilles Duranton and Diego Puga #9931 (ITI)
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Does the Source of Capital Affect Capital Structure?
Michael Faulkender and Mitchell Petersen #9930 (CF)
Week of August 18, 2003 | Latest NBER Working Papers |
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Monetary Discretion, Pricing Complementarity and Dynamic Multiple Equilibria
Robert G. King and Alexander L. Wolman #9929 (EFG, ME)
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Importing Technology
Francesco Caselli and Daniel Wilson #9928 (EFG, ITI, P)
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Uncovering the Risk-Return Relation in the Stock Market
Hui Guo and Robert F. Whitelaw #9927 (AP)
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How Should We Measure Consumer Confidence (Sentiment)? Evidence from the Michigan Survey of Consumers
Jeff Dominitz and Charles F. Manski #9926
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Price Elasticity of Demand for Term Life Insurance and Adverse Selection
Mark V. Pauly, Kate H. Wither, Krupa Subramanian-Viswanathan, Jean Lemaire, John C. Hershey, Katrina Armstrong, and David A. Asch #9925 (HE)
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A New Approach to the Valuation of Intangible Capital
Jason G. Cummins #9924 (EFG, P)
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Capital Deepening in American Manufacturing, 1850-1880
Jeremy Atack, Fred Bateman, and Robert A. Margo #9923 (DAE)
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On the Efficiency of Competitive Electricity Markets With Time-Invariant Retail Prices
Severin Borenstein and Stephen P. Holland #9922 (IO)
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Bank Concentration and Crises
Thorsten Beck, Asli Demirguc-Kunt, and Ross Levine #9921 (IFM, ME, AP)
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The Case for Auctioning Countermeasures in the WTO
Kyle Bagwell, Petros C. Mavroidis, and Robert W. Staiger #9920 (ITI)
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Adverse Selection and the Challenges to Stand-Alone Prescription Drug Insurance
Mark V. Pauly and Yuhui Zeng #9919 (HE, PE)
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Mothers' and Fathers' Labor Supply in Fragile Families: The Role of Child Health
Hope Corman, Nancy E. Reichman, and Kelly Noonan #9918 (HE, LS, C)
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Passive Decisions and Potent Defaults
James Choi, David Laibson, Brigitte Madrian, and Andrew Metrick #9917 (EFG, A, PE)
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Capital Tax Incidence: Fisherian Impressions from the Time Series
Casey B. Mulligan #9916 (PE)
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Disentangling Volatility from Jumps
Yacine Ait-Sahalia #9915 (AP)
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The Effect of Macoreconomic News on Beleifs and Preferences
Alessandro Beber and Michael W. Brandt #9914 (AP)
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Pension Reform in Germany: The Impact on Retirement Decisions
Axel Borsch-Supan and Barbara Berkel #9913 (A, PE)
Chapters for Forthcoming NBER Books
"Optimal Inflation Targeting Rules"
Marc P. Giannoni and Michael Woodford
Discussion summaries for forthcoming book, "Inflation Targeting"
edited by Ben S. Bernanke and Michael Woodford
Introduction to NBER Macroeconomics Annual 2003
edited by Mark Gertler and Kenneth Rogoff
Introduction to "Inflation Targeting"
edited by Ben S. Bernanke and Michael Woodford
Introduction, "Productivity and Growth," East Asia Seminar on Economics, Volume 13
edited by Takatoshi Ito and Andrew Rose
"What Has Inflation Targeting Achieved?"
Mervyn King
Comments by John C. Williams and Robert G. King on "Disagreement about Inflation Expectations"
N. Gregory Mankiw, Ricardo Reis and Justin Wolfers
Comments by Steven J. Davis and Kjetil Storesletten on "On the Welfare Consequences of the Increase in Inequality in the United States"
Dirk Krueger and Fabrizio Perri
"Adverse Selection and the Challenges to Stand-Alone Prescription Drug Insurance"
Mark V. Pauly and Yuhui Zeng
Week of August 4, 2003 | Latest NBER Working Papers |
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The Role of Consumer Knowledge of Insurance Benefits in the Demand for Preventative Health
Stephen T. Parente, David Salkever, and Joan DaVanzo #9912 (HE)
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The Pricing of Job Characteristics When Markets Do Not Clear: Theory and Policy Implications
Kevin Lang and Sumon Majumdar #9911 (LS)
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Identification and Estimation of Hedonic Models
Ivar Ekeland, James J. Heckman, and Lars P. Nesheim #9910 (LS, P)
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How Do Patent Laws Influence Innovation? Evidence from Nineteenth-Century World Fairs
Petra Moser #9909 (DAE)
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Debt Intolerance
Carmen M. Reinhart, Kenneth S. Rogoff, and Miguel A. Savastano #9908 (IFM)
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Parental Medicaid Expansions and Health Insurance Coverage
Anna Aizer and Jeffrey Grogger #9907 (HE, C)
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On the Hidden Links Between Financial and Trade Opening
Joshua Aizenman #9906 (IFM, ITI)
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Optimal Monetary and Fiscal Policy: A Linear-Quadratic Approach
Pierpaolo Benigno and Michael Woodford #9905 (EFG, ME)
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The Economics of 'Acting White'
David Austen-Smith and Roland G. Fryer, Jr. #9904 (LS)
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Procuring Knowledge
Stephen M. Maurer and Suzanne Scotchmer #9903 (P)
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Household Saving in Germany: Results of the first SAVE study
Axel Borsch-Supan and Lothar Essig #9902 (A)
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A Pound of Flesh or Just Proxy? Using Twin Differences to Estimate the Effect of Birth Weight on Life Chances
Dalton Conley, Kate Strully, and Neil G. Bennett #9901 (HE)
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Does Exchange Rate Risk Matter for Welfare?
Paul R. Bergin and Ivan Tchakarov #9900 (IFM)
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Changing Economic Geography and Vertical Linkages in Japan
Eiichi Tomiura #9899 (ITI)
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Adjustment is Much Slower than You Think
Ricardo J. Caballero and Eduardo Engel #9898 (EFG, LS, P)
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Healthy, Wealthy, and Knowing Where to Live: Trajectories of Helath, Welath and Living
Florian Heiss, Michael Hurd, and Axel Borsch-Supan #9897 (A)
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What, Me Vote?
Richard B. Freeman #9896 (LS, PE)
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Simulation and Estimation of Nonaddative Hedonic Models
James J. Heckman, Rosa Matzkin, and Lars Nesheim #9895 (IO, LS, P, PE)
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Investor Rationality: Evidence from UK Property Capitalization Rates
Patric H. Hendershott and Bryan D. MacGregor #9894 (PE)
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Inventory Information
H. Henry Cao, Richard K. Lyons, and Martin D. D. Evans #9893 (AP)
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Utility Evaluation of Risk in Retirement Saving Accounts
James Poterba, Joshua Rauh, Steven Venti, and David Wise #9892 (A, AP)
Week of July 28, 2003 | Latest NBER Working Papers |
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Estimating Housing Demand with an Application to Explaining Racial Segregation in Cities
Patrick Bajari and Matthew E. Kahn #9891 (IO)
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Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation
Asli Demirguc-Kunt, Luc Laeven, and Ross Levine #9890 (IFM)
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Are Structural Estimates of Auction Models Reasonable? Evidence from Experimental Data
Patrick Bajari and Ali Hortacsu #9889 (IO)
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Incentive-Compatible Guaranteed Renewable Health Insurance
Bradley Herring and Mark Pauly #9888 (HE)
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Six Challenges in Designing Equity-Based Pay
Brian J. Hall #9887 (CF, LS)
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Cities, Regions and the Decline of Transport Costs
Edward L. Glaeser and Janet E. Kohlhase #9886 (EFG)
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You Only Die Once: Managing Discrete Interdependent Risks
Geoffrey Heal and Howard Kunreuther #9885 (CS)
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Imperfect Knowledge, Inflations Expectations, and Monetary Policy
Athanasios Orphanides and John C. Williams #9884 (ME)
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Fees and Surcharging in automatic teller machine networks: Non-bank ATM providers versus large banks
Elizabeth W. Croft and Barbara J. Spencer #9883 (IO)
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What Works in Securities Laws?
Rafeal La Porta, Florencio Lopez-de-Silanes, and Andrei Shleifer #9882 (CF, LE)
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The Effect of Schooling and Ability on Achievement Test Scores
Karsten Hansen, James J. Heckman, and Kathleen J. Mullen #9881 (ED, PE, C)
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Financial Integration: A New Methodology and an Illustration
Robert P. Flood and Andrew K. Rose #9880 (IFM)
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Trade Reforms, Labor Regulations and Labor-Demand Elasticities: Empirical Evidence from India
Rana Hasan, Devashish Mitra, and K.V. Ramaswamy #9879 (ITI, LS)
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Analyzing the Determinants of the Matching of Public School Teachers to Jobs: Estimating Compensating Differentials in Imperfect Labor Markets
Donald Boyd, Hamilton Lankford, Susanna Loeb, and James Wyckoff #9878 (ED, LS)
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Selection Bias, Comaparative Advantage and Heterogeneous Returns to Education: Evidence from China in 2000
James J. Heckman and Xuesong Li #9877 (ED, LS, C)
Week of July 21, 2003 | Latest NBER Working Papers |
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Peer Effects and Alcohol Use Among College Students
Michael Kremer and Dan M. Levy #9876 (ED, C)
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When Do Central Bank Interventions Influence Intra-Daily and Longer-Term Exchange Rate Movements?
Kathryn M. E. Dominguez #9875 (IFM, AP)
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The Impact of Price Regulation on the Launch Delay of New Drugs - Evidence from Twenty-Five Major Markets in the 1990s
Patricia M. Danzon, Y. Richard Wang, and Liang Wang #9874 (HE, IO)
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Are Emily and Greg More Employable than Lakisha and Jamal? A Field Experiment on Labor Market Discrimination
Marianne Bertrand and Sendhil Mullainathan #9873 (LS)
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Heckscher-Ohlin Theory and Individual Attitudes Towards Globalization
Kevin H. O'Rourke #9872 (ITI)
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Entry Deterrence in Hospital Procedure Markets: A Simple Model of Learning-By-Doing
Leemore S. Dafny #9871 (HE)
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Who Gets Health Care?
Robert W. Fogel and Chulhee Lee #9870 (HE)
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Why the Welfare State Looks Like a Free Lunch
Peter H. Lindert #9869 (DAE)
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Did American Welfare Capitalists Breach their Implicit Contracts? Preliminary Findings from Company-level Data, 1920-1940
Chiaki Moriguchi #9868 (DAE, LS)
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Flexible Exchange Rates as Shock Absorbers
Sebastian Edwards and Eduardo Levy Yeyati #9867 (EFG, IFM, ITI)
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A New Measure of Monetary Shocks: Derivation and Implications
Christina D. Romer and David H. Romer #9866 (EFG, DAE, ME)
Chapters for Forthcoming NBER Books
Discussion summaries on each chapter in NBER Macroeconomics 2003
Comment by George-Marios Angeletos on "Optimal Monetary and Fiscal Policy: A Linear-Quadratic Approach"
by Pierpaolo Benigno and Michael Woodford
"Australia's 1990s Productivity Surge and Its Determinants"
Dean Parham
"Optimal Monetary and Fiscal Policy: A Linear-Quadratic Approach"
Pierpaolo Benigno and Michael Woodford
"Sectoral Productivity and Economic Growth in Japan, 1970-98: An Empirical Analysis Based on the JIP Database"
Kyoji Fukao, Tomohiko Inui, Hiroki Kawai and Tsutomu Miyagawa
Week of July 14, 2003 | Latest NBER Working Papers |
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The Economic Tragedy of the XXth Century: Growth in Africa
Elsa V.Artadi and Xavier Sala-i-Martin #9865 (EFG)
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Explaining Sudden Stops, Growth Collapse, and BOP Crises: The Case of Distortionary Output Taxes
Guillermo A. Calvo #9864 (IFM)
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Market Evidence of Misperceived Prices and Mistaken Mortality Risks
Jay Bhattacharya, Dana Goldman, and Neeraj Sood #9863 (A, HE)
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Anticipated Ramsey Reforms and the Uniform Taxation Principle: The Role of International Financial Markets
Evaluating Portfolio Policies: A Duality Approach #9862 (PE)
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Evaluating Portfolio Policies: A Duality Approach
Martin B. Haugh, Leonid Kogan, and Jiang Wang #9861 (AP)
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Why didn't France follow the British Stabilization after World War One?
Michael D. Bordo and Pierre-Cyrille Hautcoeur #9860 (DAE, IFM, ME)
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Understanding Changes in International Business Cycle Dynamics
James H. Stock and Mark W. Watson #9859 (EFG, ME)
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Stock Prices and IPO Waves
Lubos Pastor and Pietro Veronesi #9858 (AP)
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The Decline and Rise of Interstate Migration in the United States: Evidence from the IPUMS, 1850-1990
Joshua L. Rosenbloom and William A. Sundstrom #9857 (LS)
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Literary Life Cycles: The Careers of Modern American Poets
David W. Galenson #9856 (LS)
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Tax Credits and the Use of Medical Care
Michael Smart and Mark Stabile #9855 (HE, PE)
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After the War Boom: Reconversion on the U.S. Pacific Coast, 1943-49
Paul W. Rhode #9854 (DAE)
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Beauty in the Classroom: Professors' Pulchritude and Putative Pedagogical Productivity
Daniel S. Hamermesh and Amy M. Park #9853 (LS)
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The Value of a Statistical Life and the Coefficient of Relative Risk Aversion
Louis Kaplow #9852 (HE, LS, AP, PE)
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The Effects of Changes in State SSI Supplements on Pre-Retirement Labor Supply
David Neumark and Elizabeth T. Powers #9851 (A, LS)
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Who Benefits from Labor Market Regulations?: Chile 1960-1998
Claudio Montenegro and Carmen Pages #9850 (LS)
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Enriching a Theory of Wage and Promotion Dynamics Inside Firms
Robert Gibbons and Michael Waldman #9849 (LS)
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Understanding Trend and Cycle in Asset Values: Reevaluating the Wealth Effect on Consumption
Martin Lettau and Sydney Ludvigson #9848 (EFG, AP)
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Quality and Employers' Choice of Health Plan
Michael Chernew, Gautam Gowrisankaran, Catherine McLaughlin, and Teresa Gibson #9847 (HE)
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New Data, New Doubts: A Comment on Burnside and Dollar's "Aid, Policies, and Growth" (2000)
William Easterly, Ross Levine, and David Roodman #9846 (IFM, ITI)
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Is the Social Security Trust Fund Worth Anything?
Kent Smetters #9845 (A, PE)
Week of July 7, 2003 | Latest NBER Working Papers |
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Bidding for Industrial Plants: Does Winning a 'Million Dollar Plant' Increase Welfare?
Michael Greenstone and Enrico Moretti #9844 (PE)
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Addressing the Transfer-Pricing Problem in an Origin-Basis X Tax
David F. Bradford #9843 (PE)
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Public Goods and the Distribution of Income
Louis Kaplow #9842 (LE, PE)
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How "Original Sin" was Overcome: The Evolution of External Debt Denominated in Domestic Currencies in the United States and the British Dominions, 1800-2000
Michael D. Bordo, Christopher Meissner, and Angela Redish #9841 (DAE, IFM)
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Financial Innovation, Market Participation and Asset Prices
Laurent Calvet, Martin Gonzalez-Eiras, and Paolo Sodini #9840 (EFG, AP)
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Regime-Switching and the Estimation of Multifractal Processes
Laurent A. Calvet and Adlai Fisher #9839 (EFG)
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Monetary Policy in Economies with Little or No Money
Bennett T. McCallum #9838 (EFG, ME)
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Multiple-Solution Indeterminacies in Monetary Policy Analysis
Bennett T. McCallum #9837 (EFG, ME)
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Bidding Rings and the Winner's Curse: The Case of Federal Offshore Oil and Gas Lease Auctions
Ken Hendricks, Robert Porter, and Guofo Tan #9836 (IO)
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Monetary Policy and Sectoral Shocks: Did the FED react properly to the High-Tech Crisis?
Claudio Raddatz and Robert Rigobon #9835 (IFM, ME)
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Asset Prices and Exchange Rates
Anna Pavlova and Roberto Rigobon #9834 (IFM, AP)
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Why Are Drugs More Profitable Than Vaccines?
Michael Kremer and Christopher M. Snyder #9833 (HE, IO)
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Do Flexible Durable Goods Prices Undermine Sticky Price Models?
Robert Barsky, Christopher L. House, and Miles Kimball #9832 (EFG, ME)
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Chip Shots: Association Between the State Children's Health Insurance Programs and Immunization Coverage and Delivery
Ted Joyce and Andrew Racine #9831 (HE, C)
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Trade Reforms and Wage Inequality in Colombia
Orazio Attanasio, Pinelopi K. Goldberg, and Nina Pavcnik #9830 (ITI, LS)
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Are More Data Always Better for Factor Analysis?
Jean Boivin and Serena Ng #9829 (ME)
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Sudden Stops, the Real Exchange Rate, and Fiscal Sustainability: Argentina's Lessons
Guillermo A. Calvo, Alejandro Izquierdo, and Ernesto Talvi #9828 (IFM)
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Aggregation and Insurance-Mortality Estimation
William H. Dow, Kristine A. Gonzalez, and Luis Rosero-Bixby #9827 (HE)
Chapters for Forthcoming NBER Books
"Imperfect Knowledge, Inflation Expectations, and Monetary Policy"
Athanasios Orphanides and John C. Williams
Comment by John Y. Campbell on "Perspectives on Behavioral Finance: Does 'Irrationality' Disappear with Wealth? Evidence from Expectations and Actions," by Annette Vissing-Jorgensen
Comment by Stefania Albanesi on "Optimal Monetary and Fiscal Policy: A Linear-Quadratic Approach," by Pierpaolo Benigno and Michael Woodford
Comment by Giovanni L. Violante on "The Case of the Missing Productivity Growth: Or, Does Information Technology Explain Why Productivity Accelerated in the United States but not the United Kingdom?" by Susanto Basu, John G. Fernald, Nicholas Oulton and Sylaja Srinivasan
Comment by Owen A. Lamont on "Perspectives on Behavioral Finance: Does "Irrationality" Disappear with Wealth? Evidence from Expectations and Actions," by Annette Vissing-Jorgensen
Comment by Olivier Blanchard on "The Case of the Missing Productivity Growth: Or, Does Information Technology Explain Why Productivity Accelerated in the United States but not the United Kingdom?" by Susanto Basu, John G. Fernald, Nicholas Oulton and Sylaja Srinivasan
"Optimal Monetary and Fiscal Policy: A Linear-Quadratic Approach"
Pierpaolo Benigno and Michael Woodford
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