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Asset pricing.
March 22, 1994... The NBER established its Program in Asset Pricing in the fall of 1991. This program, together with those in monetary economics and corporate finance, grew out of the earlier financial markets and monetary economics program, and has close links...
Economic reform and modernization in Latin America.
March 22, 1994... Latin America entered the era following World War II with great optimism. International reserves were at record levels, an incipient manufacturing sector was beginning to develop vigorously, and there was an almost unlimited faith in the ability...
The role of corporate taxes in an open economy.
March 22, 1994... The economic effects of corporate taxes, and their role in the tax structure, has been a major focus of research in public finance for many years. Until recently, however, almost all of this work has assumed that the economy is closed. Thus, the...
Health, safety, and environmental regulation.
March 22, 1994... Since the early 1970s, the United States has seen a substantial increase in federal government regulation, through the establishment of several new regulatory agencies. The Occupational Safety and Health Administration (OSHA) and the...