Papers Issued in 1984

w1512 December 1984 Foreign-Owned Land
Jonathan Eaton
w1516 December 1984 The Distribution of Prizes in a Match-Play Tournament with Single Eliminations
Sherwin Rosen
w1515 December 1984 The Impact of Assimilation on the Earnings of Immigrants: A Reexamination of the Evidence
George J. Borjas
w1514 December 1984 Pricing and Location of Physician Services in Mental Health
Richard G. Frank
w1511 December 1984 Life Cycle Annuity Valuation
B. Douglas Bernheim
w1513 December 1984 R & D Activities and the Technology Game: A Dynamic Model of U.S.-JapanCompetition
Ryuzo Sato
w1510 December 1984 The Incentive Effects of Private Pension Plans
Laurence J. Kotlikoff and David A. Wise
w1517 December 1984 Trade and Financial Interdependence Under Flexible Exchange Rates: The Pacific Area
Jorge Braga de Macedo
w1521 December 1984 Debt and Equity Returns Revisited
Patric H. Hendershott
w1520 December 1984 Implications of Government Deficits for Interest Rates, Equity Returns and Corporate Financing
Benjamin M. Friedman
w1519 December 1984 The Economic Effects of the Corporate Income Tax: Changing Revenues and Changing Views
Alan J. Auerbach
w1518 December 1984 Anticipated Budget Deficits and the Term Structure of Interest Rates
Daniel Valente Dantas and Rudiger Dornbusch
w1526 December 1984 Capital Flows, the Current Account, and the Real Exchange Rate: Consequences of Liberalization and Stabilization
Maurice Obstfeld
w1529 December 1984 Discrete Devaluation as a Signal to Price Setters
Louka T. Katseli
w1528 December 1984 Causal Relationships between Infant Mortality and Fertility in Developedand Less Developed Countries
Tadashi Yamada
w1527 December 1984 The International Transmission of Fiscal Expenditures and Budget Deficits in the World Economy
Jacob A. Frenkel and Assaf Razin
w1522 December 1984 Valuing Financial Flexibility
Scott P. Mason
w1523 December 1984 Have U.S. Corporations Grown Financially Weak?
Robert A. Taggart, Jr.
w1524 December 1984 Tax Reform and Housing
Patric H. Hendershott and David C. Ling
w1525 December 1984 Pricing Rate Caps on Default-Free Adjustable-Rate Mortgages
Stephen A. Buser, Patric H. Hendershott, and Anthony B. Sanders
w1530 December 1984 Asset Returns, Discount Rate Changes and Market Efficiency
Michael Smirlock and Jess B. Yawitz
r0558 December 1984 Foreign Production and Exports of Individual Firms
Robert E. Lipsey and Merle Yahr Weiss
w1494 November 1984 Imports as a Cause of Injury: The Case of the U.S. Steel Industry
Gene M. Grossman
w1493 November 1984 Use of (Time-Domain) Vector Autoregressions to Test Uncovered Interest Parity
Takatoshi Ito
w1486 November 1984 Rational and Self-Fulfilling Balance-of-Payments Crises
Maurice Obstfeld
w1487 November 1984 The Value of Intermediate Targets in Implementing Monetary Policy
Benjamin M. Friedman
w1488 November 1984 The General Basis of Arbitrator Behavior: An Empirical Analysis of Conventional and Final-Offer Arbitration
Henry S. Farber and Max H. Bazerman
w1489 November 1984 Using the Longitudinal Structure of Earnings to Estimate the Effect of Training Programs
Orley Ashenfelter and David Card
w1490 November 1984 Credibility and Monetary Policy
Bennett T. McCallum
w1491 November 1984 Improvements in Macroeconomic Stability: The Role of Wages and Prices
John B. Taylor
w1492 November 1984 Looking for the News in the Noise - Additional Stochastic Implications of Optimal Consumption Choice
Laurence J. Kotlikoff and Ariel Pakes
t0042 November 1984 New Econometric Techniques for Marcoeconomic Policy Evaluation
John B. Taylor
w1496 November 1984 Planned and Unplanned Bequests
Daniel S. Hamermesh and Paul L. Menchik
w1497 November 1984 Real Balances, the Exchange Rate and Indexation: Real Variables in Disinflation
Stanley Fischer
w1495 November 1984 The Costs of Worker Displacement
Daniel S. Hamermesh
w1500 November 1984 Macroeconomic Analysis and Microeconomic Analyses of Labor Supply
Orley Ashenfelter
w1499 November 1984 Rent-Seeking and Trade Policy: An Industry Approach
Robert E. Baldwin
w1498 November 1984 Exchange Rates and Economic Recovery in the 1930s
Barry J. Eichengreen and Jeffrey Sachs
w1501 November 1984 His and Hers: Gender Differences in Work and Income, 1959-1979
Victor R. Fuchs
w1502 November 1984 The Analysis of Union Behavior
Henry S. Farber
w1503 November 1984 Recent Work on Business Cycles in Historical Perspective: Review of Theories and Evidence
Victor Zarnowitz
w1505 November 1984 Seigniorage, Inflation, and Reputation
Herschel I. Grossman and John B. Van Huyck
w1506 November 1984 International Coordination in the Design of Macroeconomic Policy Rules
John B. Taylor
w1507 November 1984 The Order of Liberalization of the Current and Capital Accounts of the Balance of Payments
Sebastian Edwards
w1508 November 1984 A Defense of Traditional Hypotheses About the Term Structure of InterestRates
John Y. Campbell
w1509 November 1984 Bond and Stock Returns in a Simple Exchange Model
John Y. Campbell
w1504 November 1984 The Resolution of the Labor Scarcity Paradox
John A. James and Jonathan S. Skinner
r0554 November 1984 Why Have Short-Term Interest Rates Been So High?
Richard H. Clarida and Benjamin M. Friedman
r0542 November 1984 Interindustry Technology Flows and Productivity Growth: A Reexamination
Zvi Griliches and Frank R. Lichtenberg
w1476 October 1984 Brothers and Sisters in the Family and the Labor Market
John Bound, Zvi Griliches, and Bronwyn H. Hall
w1477 October 1984 Pension Inequality
Edward P. Lazear and Sherwin Rosen
w1478 October 1984 Change and Progress in Contemporary Mortgage Markets
Edward J. Kane
w1475 October 1984 Testing Deviations From Purchasing Power Parity (PPP)
Joshua Aizenman
w1481 October 1984 The New View of the Property Tax: A Reformulation
Peter M. Mieszkowski and George R. Zodrow
w1479 October 1984 A Dynamic Specific-Factors Model of International Trade
Jonathan Eaton
w1484 October 1984 A Stochastic Model of Investment, Marginal q and the Market Value of theFirm
Andrew B. Abel
w1485 October 1984 The Incidence of the Local Property Tax: A Re-evaluation
Peter M. Mieszkowski and George R. Zodrow
w1482 October 1984 Money, Credit and Interest Rates in the Business Cycle
Benjamin M. Friedman
w1483 October 1984 The Inflationary Process in Israel: Shocks and Accommodation
Michael Bruno and Stanley Fischer
t0017 October 1984 Econometric Models for Count Data with an Application to the Patents-R&D Relationship
Jerry A. Hausman, Bronwyn H. Hall, and Zvi Griliches
w1480 September 1984 Money Growth Variability and Money Supply Interdependence Under InterestRate Control: Some Evidence For Canada
Michael D. Bordo, Ehsan U. Choudhri, and Anna J. Schwartz
w1440 September 1984 International Policy Coordination in Historical Perspective: A View from the Interwar Years
Barry J. Eichengreen
w1441 September 1984 Taxes and Ownership Structure: Corporations, Partnerships and Royalty Trusts
E. Philip Jones and Robert A. Taggart, Jr.
w1444 September 1984 Are Business Cycles Symmetric?
J. Bradford De Long and Lawrence H. Summers
w1445 September 1984 The Use of Expected Future Variables in Macroeconometric Models
Ray C. Fair
w1443 September 1984 Are Tax Cuts Really Expansionary?
N. Gregory Mankiw and Lawrence H. Summers
w1442 September 1984 Theories of Wage Rigidity
Joseph E. Stiglitz
w1447 September 1984 New Estimates of the Value of Federal Mineral Rights and Land
Michael J. Boskin, Marc S. Robinson, Terrance O'Reilly, and Praveen Kumar
w1446 September 1984 Retail Pricing and Clearance Sales
Edward P. Lazear
w1454 September 1984 Patents and R&D: Is There A Lag?
Bronwyn H. Hall, Zvi Griliches, and Jerry A. Hausman
w1453 September 1984 The Causes of Inflation
Frederic S. Mishkin
w1455 September 1984 Estimating the Covariates of Historical Heights
James Trussell and Kenneth W. Wachter
w1448 September 1984 Estimating the Long-Run Relationship Between Interest Rates and Inflation: A Response to McCallum
Lawrence H. Summers
w1449 September 1984 Relative Factor Price Changes and Equity Prices
Peter J. Elmer and Patric H. Hendershott
w1450 September 1984 The Changing Cyclical Variability of Economic Activity in the United States
J. Bradford De Long and Lawrence H. Summers
w1451 September 1984 Financial Intermediation in the United States
Benjamin M. Friedman
w1452 September 1984 Unionism Comes to the Public Sector
Richard B. Freeman
w1457 September 1984 The Economics of Content Protection
Michael L. Mussa
w1456 September 1984 The Capital Inflows Problem Revisited: A Stylized Model of Southern Cone Disinflation
Maurice Obstfeld
w1459 September 1984 An Analysis of the Health and Retirement Status of the Elderly
Robin C. Sickles and Paul J. Taubman
w1458 September 1984 The Adjustment Process and the Timing of Trade Liberalization
Michael Mussa
w1461 September 1984 A General Equilibrium Model of Taxation That Uses Micro-Unit Data: Withan Application to the Impact of Instituting a Flat-Rate Income Tax
Joel Slemrod
w1460 September 1984 An Examination of Aggregate Price Uncertainty in Four Countries and SomeImplications for Real Output
Richard T. Froyen and Roger N. Waud
w1466 September 1984 Argentina Since Martinez De Hoz
Rudiger Dornbusch
w1467 September 1984 How Long is a Spell of Unemployment?: Illusions and Biases in the Use of CPS Data
Nicholas M. Kiefer, Shelly J. Lundberg, and George R. Neumann
w1465 September 1984 International Comparison of the Sources of Productivity Slowdown 1973 1982
John F. Helliwell, Peter Sturm, and Gerard Salou
w1464 September 1984 Export Subsidies and International Market Share Rivalry
James A. Brander and Barbara J. Spencer
t0041 September 1984 Rational Expectations Models with a Continuum of Convergent Solutions
Michael Mussa
w1463 September 1984 Host-Country Regulation and Other Determinants of Overseas Operations ofU.S. Motor Vehicle and Parts Companies
Ksenia Kulchycky and Robert E. Lipsey
w1462 September 1984 The Persistence of Volatility and Stock Market Fluctuations
James M. Poterba and Lawrence H. Summers
w1468 September 1984 Wealth and Portfolio Composition: Theory and Evidence
Mervyn A. King and Jonathan I. Leape
w1469 September 1984 Expected Future Tax Policy and Tax-Exempt Bond Yields
James M. Poterba
w1471 September 1984 Comparable Worth in the Public Sector
Ronald G. Ehrenberg and Robert S. Smith
w1470 September 1984 Developing Country Debt and the Market Value of Large Commercial Banks
Steven C. Kyle and Jeffrey Sachs
w1473 September 1984 Rules versus Discretion
Robert J. Barro
w1472 September 1984 Pay Differences Between Women's and Men's Jobs: The Empirical Foundations of Comparable Worth Legislation
George E. Johnson and Gary Solon
w1474 September 1984 Part-time Employment of Married Women and Fertility in Urban Japan
Tadashi Yamada and Tetsuji Yamada
w1425 August 1984 Unobservable Family and Individual Contributions to the Distributions ofIncome and Wealth
J. R. Kearl and Clayne L. Pope
w1424 August 1984 Monetary Policy Under Dual Exchange Rates
Robert E. Cumby
w1423 August 1984 The International Linkage of Real Interest Rates: The European - U.S. Connection
Robert E. Cumby and Frederic S. Mishkin
w1422 August 1984 The Open Economy: Implications for Monetary and Fiscal Policy
Rudiger Dornbusch and Stanley Fischer
w1421 August 1984 The Short-Run Demand for Money: A Reconsideration
Robert J. Gordon
w1420 August 1984 Testing the Sorting Model of Education
Andrew Weiss
w1418 August 1984 Wages and Working Conditions
Henry Saffer
w1419 August 1984 Raids and Offermatching
Edward P. Lazear
w1417 August 1984 International Policy Coordination in Dynamic Macroeconomic Models
Gilles Oudiz and Jeffrey Sachs
w1416 August 1984 Notches
Alan S. Blinder and Harvey S. Rosen
w1415 August 1984 Modeling the Term Structure of Interest Rates Under Nonseparable Utilityand Duriability of Goods
Kenneth B. Dunn and Kenneth J. Singleton
w1414 August 1984 Empirical Tests of Alternative Models of International Growth
Laurence J. Kotlikoff and Edward E. Leamer
w1413 August 1984 Asset Markets, Tariffs, and Political Risk
Alan C. Stockman and Harris Dellas
w1412 August 1984 A Supergame-Theoretic Model of Business Cycles and Price Wars During Booms
Julio J. Rotemberg and Garth Saloner
w1411 August 1984 On the Rationality of Black Youth Unemployment
Harry J. Holzer
w1427 August 1984 Borrowing Abroad: The Debtor's Perspective
Richard N. Cooper and Jeffrey Sachs
w1426 August 1984 Fixed Investment in the American Business Cycle, 1919-83
Robert J. Gordon and John M. Veitch
w1439 August 1984 Debt Policy and the Rate of Return Premium to Leverage
Alex Kane, Alan J. Marcus, and Robert L. McDonald
w1438 August 1984 Inter-Country Comparisons of Labor Force Trends and of Related Developments: An Overview
Jacob Mincer
w1437 August 1984 Speculative Attack and the External Constraint in a Maximizing Model of the Balance of Payments
Maurice Obstfeld
w1428 August 1984 Securities Activities of U.S. Commercial Bank Affiliates: Lessons from the International Financial Markets
Richard M. Levich
w1429 August 1984 Fiscal policy in open, interdependent economies
Willem H. Buiter
w1430 August 1984 'Precautionary' Saving Revisited: Social Security, Individual Welfare, and the Capital Stock
R. Glenn Hubbard
w1432 August 1984 Market Demand, Technological Opportunity and Research Spillovers on R&D Intensity and Productivity Growth
Adam B. Jaffe
w1431 August 1984 Tied Wage-Hours Offers and the Endogeneity of Wages
Shelly J. Lundberg
w1433 August 1984 Debt and Taxes in the Theory of Public Finance
Martin Feldstein
w1434 August 1984 Can an Increased Budget Deficit Be Contractionary?
Martin Feldstein
w1436 August 1984 Adjusting the Gross Changes Data: Implications for Labor Market Dynamics
James M. Poterba and Lawrence H. Summers
w1435 August 1984 On the Theory of Optimal Taxation in a Growing Economy
Martin Feldstein
w1396 July 1984 Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have
Stewart C. Myers and Nicholas S. Majluf
w1395 July 1984 Major Changes in Cyclical Behavior
Victor Zarnowitz and Geoffrey H. Moore
w1394 July 1984 The Development and Role of the National Bureau's Business Cycle Chronologies
Geoffrey H. Moore and Victor Zarnowitz
w1393 July 1984 Capital Structure Puzzle
Stewart C. Myers
w1397 July 1984 Incentive for the Homogenization of Time Use
Daniel S. Hamermesh
w1401 July 1984 The Compliance Cost of the U.S. Individual Income Tax System
Joel Slemrod and Nikki Sorum
w1400 July 1984 Ricardian Consumers With Keynesian Propensities
Robert B. Barsky, N. Gregory Mankiw, and Stephen P. Zeldes
w1399 July 1984 Risk and Return: Consumption versus Market Beta
N. Gregory Mankiw and Matthew D. Shapiro
w1398 July 1984 Economically Sensible Solutions for Linear Rational Expectations Models with Forward and Backward Looking Dynamic Processes
Michael L. Mussa
w1404 July 1984 An Empirical Evaluation of the Disequilibrium Real Wage Rate Hypothesis
Jacques R. Artus
w1405 July 1984 The Impact of OSHA and EPA Regulation on Productivity
Wayne B. Gray
w1403 July 1984 The Impact of Annuity Insurance on Savings and Inequality
Laurence J. Kotlikoff, John B. Shoven, and Avia Spivak
w1402 July 1984 Nutrition and the Decline in Mortality Since 1700: Some Preliminary Findings
Robert W. Fogel
w1410 July 1984 Cyclical Unemployment: Sectoral Shifts or Aggregate Disturbances?
Katharine G. Abraham and Lawrence F. Katz
w1409 July 1984 Dissaving After Retirement: Testing the Pure Life Cycle Hypothesis
B. Douglas Bernheim
w1408 July 1984 The Pricing of Default-Free Mortgages
Stephen A. Buser and Patric H. Hendershott
w1407 July 1984 Domestic and Foreign Disturbances in an Optimizing Model of Exchange- Rate Determination
Stephen J. Turnovsky
t0039 July 1984 Data Problems in Econometrics
Zvi Griliches
w1406 July 1984 Exchange Rate Determination with Systematic and Unsystematic Policy Regime Changes: Evidence From the Yen/Dollar Rate
John H. Makin and Raymond D. Sauer
w1362 June 1984 Estimation of a Simultaneous Model of Married Women's Labor Force Participation and Fertility in Urban Japan
Tadashi Yamada and Tetsuji Yamada
w1361 June 1984 Social Security and Household Portfolio Allocation
R. Glenn Hubbard
w1360 June 1984 Concepts and Measures of Earnings Replacement During Retirement
Michael J. Boskin and John B. Shoven
w1363 June 1984 Uncertain Lifetimes, Pensions, and Individual Saving
R. Glenn Hubbard
w1369 June 1984 An Examination of Multijurisdictional Corporate Income Taxes Under Formula Apportionment
Roger H. Gordon and John D. Wilson
w1370 June 1984 Pension Plan Integration as Insurance Against Social Security Risk
Robert C. Merton, Zvi Bodie, and Alan J. Marcus
w1366 June 1984 Fuzzy Frontiers of Production: Evidence of Persistent Inefficiency in Safety Expenditures
Casey Ichniowski
w1367 June 1984 Industrial Relations and Economic Performance Grievances and Productivity
Casey Ichniowski
w1368 June 1984 Ruling Out Productivity? Labor Contract Pages and Plant Performance
Casey Ichniowski
w1365 June 1984 Micro-Production Functions Aren't Pretty: Firm-Level and Industry-Level Specification For Inputs and Outputs
Casey Ichniowski
t0038 June 1984 Correcting for Truncation Bias Caused by a Latent Truncation Variable
David E. Bloom and Mark R. Killingsworth
w1364 June 1984 Post-Retirement Adjustments of Pension Benefits
Steven G. Allen, Robert L. Clark, and Daniel A. Sumner
w1371 June 1984 Inventory Fluctuations in the United States Since 1929
Alan S. Blinder and Douglas Holtz-Eakin
w1380 June 1984 Money, The Rate of Devaluation and Interest Rates in a Semi-Open Economy: Colombia 1968-1982
Sebastian Edwards
w1379 June 1984 The Reaction of Reduced-Form Coefficients to Regime Changes: The Case of Interest Rates
Joe Peek and James A. Wilcox
w1381 June 1984 Counterfactuals, Forecasts, and Choice-Theoretic Modelling of Policy
Herschel I. Grossman
w1385 June 1984 Investment in Fixed and Working Capital During Early Industrialization: Evidence From U.S. Manufacturing Firms
Kenneth L. Sokoloff
w1383 June 1984 Household Saving: An Econometric Investigation
Patric H. Hendershott and Joe Peek
w1384 June 1984 The Heights of Americans in Three Centuries: Some Economic and Demographic Implications
Kenneth L. Sokoloff
w1382 June 1984 Pricing FHA Mortgage Default Insurance
Donald F. Cunningham and Patric H. Hendershott
w1372 June 1984 Bequests and Social Security With Uncertain Lifetimes
Andrew B. Abel
w1375 June 1984 Optimal Taxation by the Monetary Authority
Carl E. Walsh
w1374 June 1984 Excess Reserves in the Great Depression
James A. Wilcox
w1373 June 1984 Stabilization Policies and the Information Content of Real Wages
Joshua Aizenman
w1377 June 1984 Estimated Trade-Offs Between Unemployment and Inflation
Ray C. Fair
w1376 June 1984 The Cyclical Behavior of Industrial Labor Markets: A Comparison of the Pre-War and Post-War Eras
Ben S. Bernanke and James L. Powell
w1378 June 1984 Business Cycles Analysis and Expectational Survey Data
Victor Zarnowitz
w1392 June 1984 Are Business Cycles All Alike?
Olivier J. Blanchard and Mark W. Watson
w1391 June 1984 The Role of Consumption in Economic Fluctuations
Robert E. Hall
w1390 June 1984 Household Formations
Patric H. Hendershott and Marc Smith
w1388 June 1984 An Empirical Model of Wage Indexation Provisions in Union Contracts
David Card
w1389 June 1984 Debt, Deficits and Finite Horizons
Olivier J. Blanchard
w1387 June 1984 Determinants of Neonatal Mortality Rates in the U.S.: A Reduced Form Model
Hope Corman and Michael Grossman
w1386 June 1984 Was the Transition from the Artisanal Shop to the Non-Mechanized Fctry Assoc. w/Gains in Effcny?: Evdnc. from the U.S. Mnfctr. Censuses of 1820 & 1850
Kenneth L. Sokoloff
t0020 June 1984 Saddlepoint Problems in Contifuous Time Rational Expectations Models: A General Method and Some Macroeconomic Ehamples
Willem H. Buiter
w1343 May 1984 The 1981-82 Velocity Decline: A Structural Shift in Income or Money Demand?
Robert J. Gordon
t0036 May 1984 Conditional Projection by Means of Kalman Filtering
Richard H. Clarida and Diane Coyle
w1342 May 1984 The Roles of the Terms of Trade and Nontraded-Good-Prices in Exchange Rate Variations
Alan C. Stockman and Harris Dellas
w1341 May 1984 Excess Sensitivity of Consumption to Current Income: Liquidity Constraints or Myopia?
Marjorie A. Flavin
w1358 May 1984 The Degree of Fiscal Illusion in Interest Rates: Some Direct Estimates
Joe Peek and James A. Wilcox
w1357 May 1984 The Social Security Student Benefit Program and Family Decisions
Ronald G. Ehrenberg and Rebecca A. Luzadis
w1356 May 1984 The Asset Price Approach to the Analysis of Capital Income Taxation
Lawrence H. Summers
w1355 May 1984 A Fiscal Framework for Analysis of Interest Rate Behavior in Open Economies
John H. Makin
w1354 May 1984 Budget Deficits and Rates of Interest in the World Economy
Jacob A. Frenkel and Assaf Razin
w1353 May 1984 The Economic Effects of Dividend Taxation
James M. Poterba and Lawrence H. Summers
w1352 May 1984 Prospective Changes in Tax Law and the Value of Depreciable Real Estate
Patric H. Hendershott and David C. Ling
w1351 May 1984 The After Tax Rate of Return Affects Private Savings
Lawrence H. Summers
w1350 May 1984 Exchange Rates and Taxes
John H. Makin
w1349 May 1984 Microeconomic Evidence on the Composition of Effective Household SavingsDuring the 1960s and 1970s
Edward J. Kane
t0037 May 1984 Errors in Variables in Panel Data
Zvi Griliches and Jerry A. Hausman
w1348 May 1984 The Effects of Social Security Reforms on Retirement Ages and RetirementIncomes
Gary S. Fields and Olivia S. Mitchell
w1347 May 1984 The Inefficiency of Marginal-Cost Pricing and The Apparent Rigidity of Prices
Robert E. Hall
w1346 May 1984 What Promises Are Worth: The Impact of Affirmative Action Goals
Jonathan S. Leonard
w1345 May 1984 Do Long-Term Interest Rates Overreact to Short-Term Interest Rates?
N. Gregory Mankiw and Lawrence H. Summers
w1359 May 1984 Wage Bargaining, Labor Turnover, and the Business Cycle: A Model with Asymmetric Information
Motty Perry and Gary Solon
w1344 April 1984 Targeted Export Promotion with Several Oligopolistic Industries
Avinash K. Dixit and Gene M. Grossman
w1331 April 1984 Regulatory Structure in Futures Markets: Jurisdictional Competition Among the SEC, the CFTC, and Other Agencies
Edward J. Kane
t0034 April 1984 Policy evaluation and design for continuous time linear rational expectations models: some recent development
Willem H. Buiter
w1330 April 1984 Recent U.S. Trade Policy and its Global Implications
Robert E. Baldwin and J. David Richardson
w1329 April 1984 Optimal Wage Indexation, Foreign-Exchange Intervention and Monetary Policy
Joshua Aizenman and Jacob A. Frenkel
w1339 April 1984 Contracts, Credibility, and Disinflation
Stanley Fischer
w1340 April 1984 Patents as Options: Some Estimates of the Value of Holding European Patent Stocks
Ariel Pakes
w1336 April 1984 External Debt, Budget Deficits and Disequilibrium Exchange Rates
Rudiger Dornbusch
w1337 April 1984 Equilibrium Wage Distributions
Joseph E. Stiglitz
w1322 April 1984 Social Security and Pensions
Edward P. Lazear
w1321 April 1984 Trade Policy, Income, and Employment
Robert E. Baldwin
w1323 April 1984 The Informational Content of Bond Ratings
Louis H. Ederington, Jess B. Yawitz, and Brian E. Roberts
w1326 April 1984 The Lucas Critique and the Volcker Deflation
Olivier J. Blanchard
w1324 April 1984 Capital Controls, The Dual Exchange Rate, and Devaluation
Maurice Obstfeld
w1325 April 1984 Cyclical Behavior of Prices and Quantities in the Automobile Market
Olivier J. Blanchard and Angelo Melino
w1328 April 1984 Affirmative Action as Earnings Redistribution: The Targeting of Compliance Reviews
Jonathan S. Leonard
w1327 April 1984 Splitting Blacks?: Affirmative Action and Earnings Inequality within and Across Races
Jonathan S. Leonard
w1332 April 1984 Measuring Aspects of Fiscal and Financial Policy
Willem H. Buiter
w1333 April 1984 Inflation and Real Interest Rates on Assets with Different Risk Characteristics
John Huizinga and Frederic S. Mishkin
w1335 April 1984 Informational Imperfections in the Capital Market and Macro-Economic Fluctuations
Bruce C. Greenwald, Joseph E. Stiglitz, and Andrew Weiss
w1334 April 1984 The Architecture of Economic Systems: Hierarchies and Polyarchies
Raaj Kumar Sah and Joseph E. Stiglitz
w1338 April 1984 Taxation and Pricing of Agricultural and Industrial Goods
Raaj Kumar Sah and Joseph E. Stiglitz
w1313 April 1984 The Effects of Inflation and Money Supply Announcements on Interest Rates
Thomas Urich and Paul Wachtel
w1314 April 1984 A Test of Dual Labor Market Theory
William T. Dickens and Kevin Lang
w1282 March 1984 Trade and Structural Interdependence Between the U.S. and the NICs
William H. Branson
w1283 March 1984 The Specification and Influence of Asset Markets
William H. Branson and Dale W. Henderson
w1318 March 1984 The Heights of Europeans Since 1750: A New Source For European Economic History
Roderick Floud
w1319 March 1984 Optimal Price Adjustment with Time-Dependent Costs
Joshua Aizenman
w1320 March 1984 Technological and Regulatory Forces in the Developing Fusion of Financial-Services Competition
Edward J. Kane
w1287 March 1984 Asset Markets, Exchange Rates and the Balance of Payments
Jacob A. Frenkel and Michael L. Mussa
w1286 March 1984 How Big is the Tax Advantage to Debt?
Alex Kane, Alan J. Marcus, and Robert L. McDonald
w1284 March 1984 Taxation, Wage Variation, and Job Choice
James N. Brown and Harvey S. Rosen
w1285 March 1984 Pensions and the Retirement Decision
Barry Nalebuff and Richard J. Zeckhauser
w1291 March 1984 Macroeconomics and Finance: The Role of the Stock Market
Stanley Fischer and Robert C. Merton
w1290 March 1984 Labor Compensation and the Structure of Private Pension Plans: Evidence for Contractual Versus Spot Labor Markets
Laurence J. Kotlikoff and David A. Wise
w1292 March 1984 Excess Labor and the Business Cycle
Ray C. Fair
w1288 March 1984 New Evidence that Taxes Affect the Valuation of Dividends
James M. Poterba and Lawrence H. Summers
w1289 March 1984 Exchange Market Intervention Under Alternative Forms of Exogenous Disturbances
Stephen J. Turnovsky
w1297 March 1984 The Demand for Labor in the Long Run
Daniel S. Hamermesh
w1295 March 1984 Some Pleasant Monetarist Arithmetic
Michael R. Darby
w1296 March 1984 Stock Prices and Economic News
Douglas K. Pearce and V. Vance Roley
w1303 March 1984 Bequests as a Means of Payment
B. Douglas Bernheim, Andrei Shleifer, and Lawrence H. Summers
w1302 March 1984 Taxation and Savings - A Neoclassical Perspective
Laurence J. Kotlikoff
w1301 March 1984 Supply Shocks and Monetary Policy Revisited
Robert J. Gordon
w1300 March 1984 Rational Bubbles in the Price of Gold
Behzad T. Diba and Herschel I. Grossman
w1299 March 1984 Incentives and Wage Rigidity
Edward P. Lazear
w1298 March 1984 External Shocks and Domestic Response: Israel's Macroeconomic Performance, 1965-1982
Michael Bruno
w1294 March 1984 Some Issues Concerning Interest Rate Pegging, Price Level Determinacy, and the Real Bills Doctrine
Bennett T. McCallum
w1293 March 1984 Effect of Expected Future Government Deficits on Current Economic Activity
Ray C. Fair
w1310 March 1984 The Impact of Affirmative Action on Employment
Jonathan S. Leonard
w1309 March 1984 The Behavior of U.S. Deficits
Robert J. Barro
t0033 March 1984 Consistent Estimation Using Data From More Than One Sample
William T. Dickens and Brian A. Ross
w1308 March 1984 Simulating Alternative Social Security Responses to the Demographic Transition
Alan J. Auerbach and Laurence J. Kotlikoff
w1307 March 1984 The Demand for International Reserves and Monetary Equilibrium: Some Evidence From Developing Countries
Sebastian Edwards
w1306 March 1984 Monetarist Monetary Policy, Exchange Risk, and Exchange Rate Variability
David H. Papell
w1305 March 1984 The Permanent Income Hypothesis and Consumption Durability: Analysis Based on Japanese Panel Data
Fumio Hayashi
w1304 March 1984 Pecuniary & Market Mediated Externalities: Towards a General Theory of the Welfare Economics & Economies with Imperfect Information & Incomplete Mrkts
Bruce C. Greenwald and Joseph E. Stiglitz
w1312 March 1984 Banking and Insurance
Joseph G. Haubrich and Robert G. King
w1311 March 1984 Unions and Equal Employment Opportunity
Jonathan S. Leonard
w1317 March 1984 Open-Economy Implications of Two Models of Business Fluctuations
Alan C. Stockman and Ai Tee Koh
w1316 March 1984 A Reconsideration of the Effects of Unionism on Relative Wages and Employment in the United States, 1920-80
John H. Pencavel and Catherine E. Hartsog
w1315 March 1984 Funding and Asset Allocation in Corporate Pension Plans: An Empirical Investigation
Zvi Bodie, Jay O. Light, Randall Morck, and Robert A. Taggart, Jr.
w1277 February 1984 Monetarist Rules in the Light of Recent Experience
Bennett T. McCallum
w1276 February 1984 Black Youth Nonemployment: Duration and Job Search
Harry J. Holzer
w1275 February 1984 Accounting For The Decline in Union Membership
William T. Dickens and Jonathan S. Leonard
w1274 February 1984 The Interaction of Residential Segregation and Employment Discrimination
Jonathan S. Leonard
w1273 February 1984 The Behavior of U.S. Short-Term Interest Rates Since October 1979
Richard H. Clarida and Benjamin M. Friedman
w1272 February 1984 Lessons from the 1979-1982 Monetary Policy Experiment
Benjamin M. Friedman
w1271 February 1984 Family Labor Supply With Taxes
Jerry A. Hausman and Paul Ruud
w1281 February 1984 Exchange Rate Dynamics with Sticky Prices: The Deutsch Mark, 1974-1982
Alberto Giovannini and Julio J. Rotemberg
w1280 February 1984 Incentives for Diversification and the Structure of the Conglomerate Firm
William J. Marshall, Jess B. Yawitz, and Edward Greenberg
w1279 February 1984 Optimal Wage Re-Negotiation
Joshua Aizenman
t0032 February 1984 Estimating Autocorrelations in Fixed-Effects Models
Gary Solon
w1278 February 1984 Unanticipated Money and Interest Rates
V. Vance Roley and Carl E. Walsh
r0456 February 1984 Panel Discussion on the Southern Cone
Jacob A. Frenkel
w1265 1984 Current and Anticipated Deficits, Interest Rates and Economic Activity
Olivier J. Blanchard
w1264 1984 R&D, Production Structure, and Productivity Growth in the U.S., Japaneseand German Manufacturing Sectors
Pierre A. Mohnen, M. Ishaq Nadiri, and Ingmar R. Prucha
w1263 1984 Air Pollution and Lost Work
Jerry A. Hausman, Bart D. Ostro, and David A. Wise
w1262 1984 Incentive Effects of Taxes on Income From Capital: Alternative Policies in the 1980's
Don Fullerton and Yolanda K. Henderson
w1261 1984 Military Enlistments: What Can We Learn From Geographic Variation?
Charles Brown
w1259 1984 Restriced Cost Functions and the Rate of Return to Quasi-Fixed Factors, with an Application to R&D and Capital in the Bell System
Mark Schankerman and M. Ishaq Nadiri
w1257 1984 Can The Production Smoothing Model of Inventory Behavior be Saved?
Alan S. Blinder
w1255 1984 Real Exchange Rate Effects of Fiscal Policy
Jeffrey Sachs and Charles Wyplosz
w1256 1984 Occupation, Race, Unemployment and Crime In a Dynamic System
Michael Massourakis, Farahmand Rezvani, and Tadashi Yamada
w1258 1984 The Federal Civil Service Retirement System: An Analysis of its Financial Condition and Current Reform Proposals
Herman B. Leonard
w1260 1984 Work Incentive Effects of Taxing Unemployment Benefits
Gary Solon
w1268 1984 Expectations, Surprises and Treasury Bill Rates: 1960-82
Patric H. Hendershott
w1267 1984 Trading and the Tax Shelter Value of Depreciable Real Estate
Patric H. Hendershott and David C. Ling
w1266 1984 Fiscal Policies, Debt, and International Economic Interdependence
Jacob A. Frenkel and Assaf Razin
w1269 1984 "Though Much is Taken" -- Reflections on Aging, Health, and Medical Care
Victor R. Fuchs
w1270 1984 Employment and Occupational Advance Under Affirmative Action
Jonathan S. Leonard