NBER Reporter

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Articles from Winter

An Economic Analysis of Risky Behavior among Youths
The NBER's Program on Children, which is directed by Jonathan Gruber of NBER and MIT, convened researchers on December 10 and 11 to discuss "Risky Behavior among Youths." The following papers were presented at the two-day session: Jonathan Gruber...
Asset Pricing
Members and guests of the NBER's Program on Asset Pricing met in Chicago on November 5. Program Director John H. Cochrane of the University of Chicago chose the following papers for discussion: George Chacko, Harvard University, and Luis M. Viceira,...
Behavioral Finance Meeting
The NBER Group on Behavioral Finance held its fall meeting in Cambridge on December 9. Robert J. Shiller, NBER and Yale University, and Richard H. Thaler, NBER and University of Chicago, organized this program: Joseph Chen and Harrison Hong, Stanford...
Corporate Finance Program Meeting
The NBER's Program on Corporate Finance, directed by Raghuram Rajan, NBER and University of Chicago, met in Chicago on November 19. David S. Scharfstein, NBER and MIT, organized this program: Lucian A. Bebchuk, NBER and Harvard University, "A Rent-...
Economic Fluctuations and Growth
Fifty members and guests of the NBER's Program on Economic Fluctuations and Growth gathered in Chicago on October 22. Andrew Atkeson, NBER and University of Minnesota, and Matthew D. Shapiro, NBER and University of Michigan, organized this program:...
Economic Reform in India
On December 13-15, the NBER and India's National Council for Applied Economic Research (NCAER) brought together a group of ten NBER economists and about two dozen economists from Indian universities, research institutions, and government departments...
Emerging Equity Markets and Market Integration
Geert Bekaert [*] Overview In the early 1990s, developing countries shrugged off a decade lost in the costly complications of the Debt Crisis and regained access to foreign capital. Not only did capital flows to emerging markets increase dramatically,...
Forecasting and Empirical Methods in Finance and Macroeconomics
Francis X. Diebold [*] All economic agents forecast all the time, and forecasting figures especially prominently in financial and macroeconomic contexts. Central to finance, for example, is the idea of expected present value of earnings flows, and...
Higher Education Project
Members and guests of the NBER's Research Group on Higher Education met in Cambridge on October 29. Director Charles T. Clotfelter, NBER and Duke University, organized this program: Dominic J. Brewer, RAND; Eric R. Eide, Brigham Young University;...
InterAmerican Seminar on Economics
The NBER and the Universidad del CEMA in Buenos Aires jointly sponsored the Twelfth Annual InterAmerican Seminar on Economics, on the topic "Economic Integration: Financial and Real," on December 2-4. Sebastian Edwards, NBER and University of California,...
International Economic Organizations, Developing Country Reforms, and Trade
Anne O. Krueger [*] International Economic Organizations The three major international economic organizations are the World Bank, the International Monetary Fund (IMF), and the World Trade Organization (WTO). The WTO emerged out of the General...
Japan Project
Members and guests of the NBER's Japan Project convened in Tokyo on December 15. Fumio Hayashi, NBER and University of Tokyo, and Anil K Kashyap, NBER and University of Chicago, organized the meeting. The program was: Heather Berry and Mariko Sakakibara,...
Labor Studies Program
The NBER's Program on Labor Studies held its fall meeting in Cambridge on November 5. Program Director Richard B. Freeman and Lawrence F. Katz, both of NBER and Harvard University, organized this program: Brigitte C. Madrian, NBER and University...
Macroeconomic Effects of Corporate Finance
An NBER--Universities Research Conference on "The Macroeconomic Effects of Corporate Finance" took place in Cambridge on December 10 and 11. Organizers Jeremy C. Stein, NBER and Harvard University, and Luigi Zingales, NBER and University of Chicago,...
Macroeconomics and Individual Decisionmaking
George A. Akerlof, University of California, Berkeley, and Robert J. Shiller, NBER and Yale University, organized a meeting on "Macroeconomics and Individual Decisionmaking," which was held at the NBER's Cambridge office on November 13. The following...
Market Microstructure Project
Members and guests of the Market Microstructure Project gathered in Cambridge on December 3 to discuss their recent research. The meeting was organized by Tim Bollerslev, NBER and Duke University; Eric Ghysels, Pennsylvania State University; Bruce...
Monetary Economics Program
Members and guests of the NBER's Program on Monetary Economics, directed by N. Gregory Mankiw, NBER and Harvard University; met in Cambridge on November 12. Organizers Christopher L. Foote, Harvard University, and Stephen P. Zeldes, NBER and Columbia...
Productivity Program
Members and guests of the NBER's Program on Productivity, directed by Ernst R. Berndt of MIT, met in Cambridge on December 3. Ariel Pakes, NBER and Harvard University, organized the meeting and chose the following papers for discussion: Bart Hobijn,...
Public Economics Program
Members and guests of the NBER's Program on Public Economics met in Cambridge on November 18. Program Director James M. Poterba, NBER and MIT, organized the meeting and this program: Bruce D. Meyer, NBER and Northwestern University; "Do the Poor...
Tax Policy and the Economy
The NBER held its Fourteenth Annual Conference on "Tax Policy and the Economy" in Washington on November 2. Organizer James M. Poterba, NBER and MIT, selected these papers for the program: Brian J. Hall and Jeffrey B. Liebman, NBER and Harvard University,...
The Distributional Effects of Social Security Reform
An NBER conference on "The Distributional Effects of Social Security Reform," organized by NBER President Martin S. Feldstein and Faculty Research Fellow Jeffrey B. Liebman, both of Harvard University, was held on October 22 and 23. The following papers...
The Economic Effects of Taxation
The NBER held a conference on "The Economic Effects of Taxation" on November 19 and 20 in Cambridge. Organizer James M. Poterba, NBER and MIT, selected the following papers for discussion: Matthew Eichner, NBER and Columbia University, and Todd...
The Effects of Liability Rules on Medical Practice
Daniel P. Kessler [*] Medical malpractice liability law has two principal objectives: to compensate patients who are injured through the negligence of health care providers, and to deter providers from practicing negligently. Considerable evidence...