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Mean reversion in stock prices* 1:: Evidence and Implications

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JM Poterba… - Journal of Financial Economics, 1988 - Elsevier
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Equipment investment and economic growth

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JB De Long… - 1990 - nber.org
Page 1. NBER WCWCLNG PAPERS SERIES EQUUMEWT INVESTMENT AND
EOONCMIC GROWTH J. Bradford De long Lawrence H. Summers Working Paper
No. 3515 NATIONAL BUREAU OF ECONOMIC RESEARCH ...
Cited by 1576 - Related articles - Library Search - All 38 versions

Positive feedback investment strategies and destabilizing rational speculation

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JB DeLong, A Shleifer, LH Summers… - 1989 - nber.org
Page 1. NBER WORKING PAPER SERIES POSITIVE FEEDBACK INVESTMENT STRATEGIES
AND ^~ DESTABILIZING RATIONAL SPECULATION J. Bradford De Long Andrei Shleifer
Lawrence H. Summers Robert J. Waldmann Working Paper No. ...
Cited by 1582 - Related articles - Library Search - All 29 versions

Efficiency wages and the inter-industry wage structure

AB Krueger… - Econometrica: Journal of the Econometric …, 1988 - JSTOR
Page 1. Econometrica, Vol. 56, No. 2 (March, 1988), 259-293 EFFICIENCY WAGES
AND THE INTER-INDUSTRY WAGE STRUCTURE By Alan B. Krueger and Lawrence
H. Summers1 This paper empirically tests and rejects ...
Cited by 1527 - Related articles - Get it from MIT Libraries - All 8 versions

[PDF] Hysteresis and the European unemployment problem

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OJ Blanchard… - 1986 - nber.org
Page 1. This PDF is a selection from an out-of-print volume from the National Bureau of Economic
Research Volume Title: NBER Macroeconomics Annual 1986, Volume 1 Volume Author/Editor:
Stanley Fischer, editor Volume Publisher: MIT Press Volume ISBN: 0-262-06105-8 ...
Cited by 1426 - Related articles - View as HTML - Library Search - All 12 versions

Central bank independence and macroeconomic performance: some comparative evidence

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A Alesina… - Journal of Money, Credit and Banking, 1993 - JSTOR
Page 1. ALBERTO ALESINA LAWRENCE H. SUMMERS Central Bank Independence and
Macroeconomic Performance: Some Comparative Evidence THE DEGREE OF CENTRAL
BANK INDEPENDENCE varies con- siderably across countries. ...
Cited by 1399 - Related articles - Library Search - BL Direct - All 30 versions

The strategic bequest motive

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BD Bernheim, A Shleifer… - The Journal of Political Economy, 1985 - JSTOR
Page 1. The Strategic Bequest Motive B. Douglas Bernheim Stanford Universitv Andrei
Shleifer Massachusetts Institute of Technolog'v Lawrence H. Summers Harvard Univer
sdtN Although recent research suggests that intergenerational ...
Cited by 1086 - Related articles - All 10 versions

[PDF] Breach of trust in hostile takeovers

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A Shleifer… - 1988 - nber.org
Page 1. This PDF is a selection from an out-of-print volume from the National Bureau of Economic
Research Volume Title: Corporate Takeovers: Causes and Consequences Volume Author/Editor:
Alan J. Auerbach, ed. Volume Publisher: UMI Volume ISBN: 0-226-03211-6 ...
Cited by 1039 - Related articles - View as HTML - Library Search - All 12 versions

The role of intergenerational transfers in aggregate capital accumulation

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LJ Kotlikoff… - 1981 - nber.org
... Laurence J. Kotlikoff Lawrence Summers \ Working Paper No. 445~ ... Laurence J. Kotlikoff
& Lawrence Summers National Bureau of Economic Research 1050 Massachusetts Avenue
Cambridge, Massachusetts 02138 (617) 868-3909 Page 3. ...
Cited by 934 - Related articles - Library Search - All 25 versions

The noise trader approach to finance

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A Shleifer… - The Journal of Economic Perspectives, 1990 - JSTOR
Page 1. Journal of Economic Perspectives- Volume 4, Number 2 -Spring 1990 -Pages
19-33 The Noise Trader Approach to Finance Andrei Shleifer and Lawrence H.
Summers I f the efficient markets hypothesis was a publicly ...
Cited by 934 - Related articles - Library Search - All 45 versions

Does the stock market rationally reflect fundamental values?

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LH Summers - Journal of Finance, 1986 - JSTOR
... 18. Robert Shiller. "The Use of Volatility Measures in Assessing Market Efficiency." Journal of
Finance 36 (May 1981), 291-304. 19. Andrei Shleifer and Lawrence Summers. "The Evolution
of Irrationality in Financial Markets." Anticipated manuscript, Harvard University, 1986. 20. ...
Cited by 893 - Related articles - Get it from MIT Libraries - Library Search - All 11 versions

A theory of dual labor markets with application to industrial policy, discrimination and Keynesian unemployment

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JI Bulow… - 1986 - nber.org
Page 1. NBER WORKING PAPER SERIES A THEORY OF DUAL LABOR MARKETS WITH
APPLICATION TO INDUSTRIAL POLICY, DISCRIMINATION AND KEYNESIAN
UNEMPLOYMENT Jeremy I. Bulow Lawrence H. Summers Working Paper No. 1666 ...
Cited by 798 - Related articles - Library Search - All 14 versions

Good Policy or Good Luck?

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W Easterly, M Kremer, L Pritchett… - Journal of Monetary …, 1993 - Elsevier
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Inflation, taxation, and corporate investment: a q-theory approach

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LH Summers - 1981 - nber.org
Page 1. LAWRENCE H. SUMMERS Massachusetts Institute of Technology and National
Bureau of Economic Research Taxation and Corporate Investment: A q-Theory
Approach The past decade has witnessed increasing concern ...
Cited by 709 - Related articles - Library Search - All 20 versions

Industry rents: Evidence and implications

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LF Katz, LH Summers, RE Hall, CL Schultze… - Brookings Papers on …, 1989 - JSTOR
Page 1. LAWRENCE F. KATZ Harvard University and National Bureau of Economic
Research LAWRENCE H. SUMMERS Harvard University and National Bureau of
Economic Research Industry Rents: Evidence and Implications ...
Cited by 571 - Related articles - All 3 versions

Labor market dynamics and unemployment: a reconsideration

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KB Clark, LH Summers, CC Holt, RE Hall… - Brookings Papers on …, 1979 - JSTOR
Page 1. KIM B. CLARK Graduate School of Business Administration, Harvard University and
National Bureau of Economic Research LAWRENCE H. SUMMERS Harvard University and
National Bureau of Economic Research Labor Market Dynamics and Unemployment: ...
Cited by 595 - Related articles - All 12 versions

Capital taxation and accumulation in a life cycle growth model

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LH Summers - The American Economic Review, 1981 - JSTOR
Page 1. Capital Taxation and Accumulation in a Life Cycle Growth Model By
LAWRENCE H. SUMMERS* Almost all of the serious economic work on savings
decisions within the past decade has relied on some variant of the ...
Cited by 555 - Related articles - Library Search - All 13 versions

The survival of noise traders in financial markets

[PDF] from harvard.edu
JB DeLong, A Shleifer, LH Summers… - 1988 - nber.org
Page 1. NBER WORKING PAPER SERIES THE SURVIVAL OF NOISE TRADERS
IN FINANCIAL MARKETS J. Bradford De Long Andrei Shleifer Lawrence H. Summers
Robert J. Waldmann Working Paper No. 2715 NATIONAL ...
Cited by 545 - Related articles - Library Search - All 34 versions

The persistence of volatility and stock market fluctuations

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JM Poterba… - 1987 - nber.org
Page 1. NBER WORKING PAPER SERIES THE PERSISTENCE OF VOLATILITY AND
STOCK MARKET FLUCTUATIONS James M. Poterba Lawrence H. Summers Working
Paper No. 11462 NATIONAL BUREAU OF ECONOMIC ...
Cited by 542 - Related articles - Library Search - All 16 versions

Assessing dynamic efficiency: Theory and evidence

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AB Abel, NG Mankiw… - The Review of …, 1989 - restud.oxfordjournals.org
Page 1. Review of Economic Studies (1989) 56, 1-20 © 1989 The Review of Economic
Studies Limited 0034-6527/89/00010001$02.00 Assessing Dynamic Efficiency: Theory
and Evidence ANDREW B. ABEL University of Pennsylvania ...
Cited by 545 - Related articles - Library Search - All 28 versions

An aging society: opportunity or challenge?

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DM Cutler, JM Poterba, LM Sheiner… - Brookings papers on …, 1990 - JSTOR
Page 1. DAVID M. CUTLER Massachusetts Institute of Technology JAMES M. POTERBA
Massachusetts Institute of Technology LOUISE M. SHEINER Harvard University LAWRENCE
H. SUMMERS Harvard University An Aging Society: Opportunity or Challenge? ...
Cited by 534 - Related articles - Library Search - All 23 versions

International financial crises: causes, prevention, and cures

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LH Summers - The American Economic Review, 2000 - JSTOR
Page 1. RICHARD T. ELY LECTURE International Financial Crises: Causes,
Prevention, and Cures By LAWRENCE H. SUMMERS* Dale Jorgenson has bestowed
a great honor and no small challenge by inviting me to give ...
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Privatization in Eastern Europe: the case of Poland

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D Lipton, J Sachs… - Brookings papers on economic activity, 1990 - JSTOR
... and Joseph Bell. Of course, the views expressed here are strictly our own, and not
those of the government of Poland. We also thank Janos Kornai and Lawrence
Summers for very helpful discussions. Our work is supported ...
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Some simple economics of mandated benefits

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LH Summers - The American Economic Review, 1989 - JSTOR
Page 1. WHAT CAN ECONOMICS CONTRIBUTE TO SOCIAL POLICY?t Some Simple
Economics of Mandated Benefits By LAWRENCE H. SUMMERS* When it has been
decided that universal access to a good is to be provided ...
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Reflections on the inter-industry wage structure

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AB Krueger… - 1987 - nber.org
Page 1. NBER WORKING PAPER SERIES REFLECTIONS ON THE INTER-
INDUSTRY WAGE STRUCTURE Alan B. Krueger Lawrence H. Summers Working
Paper No. 1968 NATIONAL BUREAU OF ECONOMIC RESEARCH ...
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Hostile takeovers in the 1980s: The return to corporate specialization

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S Bhagat, A Shleifer, RW Vishny, G Jarrel… - Brookings Papers on …, 1990 - JSTOR
HOSTILE TAKEOVERS invite strong reactions, both positive and negative, from academics
as well as the general public. Yet fairly little is known about what drives these takeovers,
which characteristically involve significant wealth gains to target firms' shareholders. The ...
Cited by 481 - Related articles - All 8 versions

Speculative dynamics

[PDF] from harvard.edu
DM Cutler, JM Poterba… - 1990 - nber.org
Page 1. NBER WORKING PAPER SERIES SPECULATIVE DYNAMICS David M. Cutler James
M. poterba Lawrence H. Summers Working Paper No. 3242 NATIONAL BUREAU OF ECONOMIC
RESEARCH 1050 Massachusetts Avenue Cambridge, NA 02138 January 1990 ...
Cited by 453 - Related articles - Library Search - All 25 versions

Intertemporal substitution in macroeconomics

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NG Mankiw, JJ Rotemberg… - 1986 - nber.org
Page 1. NBER WORKING PAPER SERIES INTERTEMPORAL SUBSTITUTION IN
MACROECONOMICS N. Gregory nkiw Julio J. Roteutherg Lawrence H. Summers
Working Paper No. 898 NATIONAL BUREAU OF EJONOMIC ...
Cited by 447 - Related articles - Library Search - All 16 versions

[BOOK] Hysteresis in unemployment

[PDF] from 18.7.29.232
OJ Blanchard, LH Summers… - 1986 - en.scientificcommons.org
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The stock market, profit and investment

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O Blanchard, C Rhee… - 1990 - nber.org
ABSTRACT Should managers, when making investment decisions, follow the signals given
by the stock market even if those do not coincide with their own assessments of fundamental
value? This paper reviews the theoretical arguments and examines the empirical ...
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[PDF] Consumption growth parallels income growth: Some new evidence

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CD Carroll… - 1991 - nber.org
Page 1. This PDF is a selection from an out-of-print volume from the National Bureau of
Economic Research Volume Title: National Saving and Economic Performance Volume
Author/Editor: B. Douglas Bernheim and John B. Shoven, editors ...
Cited by 370 - Related articles - View as HTML - All 12 versions

How does macroeconomic policy affect output?

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JB De Long, LH Summers, NG Mankiw… - Brookings Papers on …, 1988 - JSTOR
Page 1. J. BRADFORD DE LONG Harvard University LAWRENCE H. SUMMERS
Harvard University How Does Macroeconomic Policy Affect Output? THE NATURAL
RATE HYPOTHESIS, with its corollary that demand manage ...
Cited by 328 - Related articles - Library Search - All 10 versions

[PDF] Regionalism and the world trading system

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L Summers - Policy implications of trade and currency zones, 1991 - 12.35.11.68
Increasing economic integration has been one of the major forces driving the world
economy's impressive growth over the last fortyfive years. Today, however, more than at any
time since World War 11, the future of the world trading system is in doubt. Ironically, just ...
Cited by 338 - Related articles - View as HTML - All 21 versions

When financial markets work too well: A cautious case for a securities transactions tax

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LH Summers… - Journal of Financial Services Research, 1989 - Springer
Page 1. Journal of Financial Services Research, 3:261-286 (1989) © 1989 Kluwer
Academic Publishers When Financial Markets Work Too Well: A Cautious Case
For a Securities Transactions Tax LAWRENCE H. SUMMERS ...
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[PDF] Tax policy and international competitiveness

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LH Summers - 1988 - nber.org
Page 1. This PDF is a selection from an out-of-print volume from the National Bureau of
Economic Research Volume Title: International Aspects of Fiscal Policies Volume Author/Editor:
Jacob A. Frenkel, ed. Volume Publisher: University of Chicago Press ...
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The economic effects of dividend taxation

[PDF] from mit.edu
JM Poterba… - 1985 - nber.org
Page 1. NBER WORKING PAPER SERIES THE ECONOMIC EFFECTS OF DIVIDEND
TAXATION James M. Poterba Lawrence H. Summers Working Paper No. 1353 NATIONAi
BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts ...
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The decline in saving: Evidence from household surveys

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B Bosworth, G Burtless, J Sabelhaus… - Brookings Papers on …, 1991 - JSTOR
Page 1. BARRY BOSWORTH Brookings Institution GARY BURTLESS Brookings
Institution JOHN SABELHAUS Towson State University The Decline in Saving:
Evidence from Household Surveys THE RATE of national saving ...
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Speculative dynamics and the role of feedback traders

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DM Cutler, JM Poterba… - 1991 - nber.org
... MA, 1990. DeLong, J. Bradford, Andrei Shleifer, Lawrence Summers, and Robert Waldxnann,
"Positive Feedback Investment Strategies ... New York Stock Exchange, Fact Book 1988, New York:
NYSE, 1988. Poterba, James and Lawrence Summers, "Mean Reversion in Stock ...
Cited by 278 - Related articles - Library Search - All 16 versions

The scientific illusion in empirical macroeconomics

[PDF] from sinica.edu.tw
LH Summers - The Scandinavian Journal of Economics, 1991 - JSTOR
Page 1. Scand. J. of Economics 93(2), 129-148, 1991 The Scientific Illusion in
Empirical Macroeconomics Lawrence H. Summers* Harvard University and NBER,
Cambridge MA, USA Abstract It is argued that formal econometric ...
Cited by 273 - Related articles - Get it from MIT Libraries - All 11 versions

[BOOK] Investing in all the people: educating women in developing countries

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LH Summers - 1994 - books.google.com
Page 1. aft Economic Development Institute of The World Bank Investing in All the People
Educating Women in Developing Countries Lawrence H. Summers AN EDI SEMINAR PAPER •
NUMBER 45 Page 2. Page 3. Page 4. Page 5. EDI SEMINAR PAPER • No. ...
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Some skeptical observations on real business cycle theory

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LH Summers - Real business cycles: a reader, 1998 - books.google.com
Page 117. CHAPTER 5 97 Fee** taarve Bar* ol Mnaapota Oomty Ann F* 1986 Some
Skeptical Observations on Real Business Cycle Theory* Lawrence H. Summers
Protessor of Economics Harvard University and Research ...
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The nonadjustment of nominal interest rates: A study of the Fisher effect

LH Summers - 1984 - nber.org
... WI' 760 "Anticipated Money, Inflation Uncertainty and Real Economic Activity," by John H. Makin
WP 836 "The Non—Adjustment of Nominal Interest Rates: A Study of the Fisher Effect," by
Lawrence Summers ... Lawrence Summers Massachusetts Institute of TechnolOt and NBER ...
Cited by 265 - Related articles - Library Search - All 8 versions

Liquidity constraints, fiscal policy, and consumption

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RG Hubbard, KL Judd, RE Hall… - Brookings Papers on …, 1986 - JSTOR
TAX POLICY AND TAX REFORM are important items on the current policy agenda. In
evaluating alternative tax policies, decisionmakers must consider both their normative and
positive impact; in particular, they must examine the effects of competing policies on the ...
Cited by 272 - Related articles - All 12 versions

Panel Discussion: Price Stability: How Should Long-Term Monetary Policy Be Determined?

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L Summers - Journal of Money, Credit and Banking, 1991 - JSTOR
THESE COMMENTS ADDRESS THE QUESTION of monetary strategy as distinct from
monetary tactics. They are not directed at the question of what monetary policy is
appropriate at the present time, or of how monetary policy should be determined at any ...
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The size and incidence of the losses from noise trading

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JB DeLong, A Shleifer, LH Summers… - 1989 - nber.org
Page 1. NBER WORKING PAPER SERIES THE SIZE AND INCIDENCE OF THE LOSSES
FROM NOISE TRADING J. Bradford De Long Andrei Shleifer Lawrence H, Summers
Robert J. Waldmann Working Paper No. 2875 NATIONAL ...
Cited by 247 - Related articles - Library Search - All 18 versions

How strongly do developing economies benefit from equipment investment?

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JB De Long… - Journal of Monetary Economics, 1993 - Elsevier
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New evidence that taxes affect the valuation of dividends

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JM Poterba… - 1985 - nber.org
Page 1. NBER WORKING PAPER SERIES NEW EVIDENCE THAT TAXES AFFECT
THE VALUATION OF DIVIDENDS James M. Poterba Lawrence H. Summers Working
Paper No. 1288 NATIONAL BUREAU OF ECONOMIC ...
Cited by 237 - Related articles - Library Search - All 14 versions

Relative wages, efficiency wages, and Keynesian unemployment

LH Summers - 1989 - nber.org
Page 1. NBER WORKING PAPER SERIES RELATIVE WAGES, EFFICIENCY WAGES,
AND KEYNESIAN UNEMPLOYMENT Lawrence H. Summers Working Paper No.
2590 NATIONAL BUREAU OF ECONOMIC RESEARCH ...
Cited by 233 - Related articles - Library Search - All 14 versions

Equipment investment and economic growth: How strong is the nexus?

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JB De Long, LH Summers… - Brookings Papers on Economic …, 1992 - JSTOR
Page 1. J. BRADFORD DE LONG Harvard University LAWRENCE H. SUMMERS
World Bank and Harvard University Equipment Investment and Economic Growth:
How Strong Is the Nexus? PRODUCTIVITY GROWTH is the ...
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Do long-term interest rates overreact to short-term interest rates?

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NG Mankiw… - 1987 - nber.org
Page 1. NBER WORKING PAPER SERIES DO LONG-TERM INTEREST RATES
OVERREACT TO SHORT-TERM INTEREST RATES? N. Gregory Mankiw Lawrence
H. Summers Working Paper No. 13^5 NATIONAL BUREAU ...
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Are business cycles symmetric?

JB DeLong… - 1986 - nber.org
Page 1. NBER WORKING PAPER SERIES ARE BUSINESS CYCLES SYMMETRIC? J. Bradford
DeLong Lawrence H. Summers Working Paper No. i)411J4 NATIONAL BUREAU OF ECONOMIC
RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 September 1981 ...
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Inflation and the taxation of capital income in the corporate sector

MS Feldstein… - 1980 - nber.org
... MARTIN FELDSTEIN LAWRENCE SUMMERS Working Paper No. 312 ... Martin Feldstein
Lawrence Summers This paper presents a detailed examination of the effect of inflation on
the taxation of capital used in the nonfinancial sector of the US economy. ...
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Retail inventory behavior and business fluctuations

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AS Blinder, MC Lovell… - Brookings Papers on Economic …, 1981 - JSTOR
Page 1. ALAN S. BLINDER Princeton University Retail Inventory Behavior and
Business Fluctuations THE enigmatic behavior of the US economy during the 1980
recession makes it more imperative than ever that some of the ...
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Money demand and the effects of fiscal policies

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NG Mankiw… - Journal of Money, Credit and Banking, 1986 - JSTOR
Page 1. N. GREGORY MANKIW LAWRENCE H. SUMMERS Money Demand and the Effects
8 * . . 0: - Flsca i Jo. ,lcles I. INTRODUCTION THE SPECIFICATION OF THE MONEY DEMAND
FUNCTION has important implications for a number of macroeconomic issues. ...
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Employment fluctuations and wage rigidity

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RE Hall, MN Baily, LH Summers… - Brookings Papers on …, 1980 - JSTOR
Page 1. ROBERT E. HALL Stanford University and National Bureau of Economic
Research Emqployment Fluctuations and Wage Rigidity DURING the past decade,
two facts about the US labor market became more apparent ...
Cited by 204 - Related articles - All 12 versions

Beyond the natural rate hypothesis

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OJ Blanchard… - The American Economic Review, 1988 - JSTOR
Page 1. WHY IS UNEMPLOYMENT SO HIGH IN EUROPE?t Beyond the Natural Rate
Hypothesis By OLIVIER J. BLANCHARD AND LAWRENCE H. SUMMERS* In a
well-known essay, Thomas Sargent (1983) treated the disinflationary ...
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Central bank independence, growth, investment, and real rates

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A Cukierman, P Kalaitzidakis, LH Summers… - … Conference Series on …, 1993 - Elsevier
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[PDF] The dynamics of youth unemployment

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KB Clark… - 1982 - nber.org
Page 1. This PDF is a selection from an out-of-print volume from the National Bureau of Economic
Research Volume Title: The Youth Labor Market Problem: Its Nature, Causes, and Consequences
Volume Author/Editor: Richard B. Freeman and David A. Wise, eds. ...
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[PDF] The changing cyclical variability of economic activity in the United States

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JB DeLong… - 1986 - nber.org
Page 1. This PDF is a selection from an out-of-print volume from the National Bureau of Economic
Research Volume Title: The American Business Cycle: Continuity and Change Volume
Author/Editor: Robert J. Gordon, ed. Volume Publisher: UMI Volume ISBN: 0-226-30452-3 ...
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Is increased price flexibility stabilizing?

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JB DeLong… - American Economic Review, 1986 - works.bepress.com
Abstract This paper uses John Taylor's model of overlapping contracts to show that
increased wage and price flexibility can easily be destabilizing because of the Mundell
effect. Simulations based on" realistic" parameter values suggest that increases in price ...
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A CEO survey of US companies time horizons and hurdle rates

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JM Poterba… - Management, 1995 - mendeley.com
(1995) Poterba, Summers. Management. Read by researchers in: 100% Business Administration.
A SURVEY OF CEOS AT FORTUNE 1000 FIRMS ASKED ABOUT THEIR FIRMS) HURDLE RATES
AND TIME HORIZONS. SURVEY RESULTS SUGGEST THAT MOST US FIRMS ...
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Tax policy, asset prices, and growth:: A general equilibrium analysis

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LH Goulder… - Journal of Public Economics, 1989 - Elsevier
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Did Henry Ford pay efficiency wages?

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D Raff… - 1989 - nber.org
Page 1. NBER WORKING PAPER SERIES DID HENRY FORD PAY EFFICIENCY
WAGES? Daniel M. 6. Raff Lawrence H. Summers Working Paper No. 2101 NATIONAL
BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts ...
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Reporting errors and labor market dynamics

JM Poterba… - Econometrica: Journal of the Econometric …, 1986 - JSTOR
Page 1. Econometrica, Vol. 54, No. 6 (November, 1986), 1319-1338 REPORTING ERRORS AND
LABOR MARKET DYNAMICS BY JAMES M. POTERBA AND LAWRENCE H. SUMMERS' This
paper estimates the incidence of response errors in the Current Population Survey. ...
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Taxation and the structure of labor markets: the case of corporatism

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LH Summers, J Gruber… - 1992 - nber.org
Page 1. NBER WORKING PAPERS SERIES TAXATION AND THE STRUCTURE OF
LABOR MARKETS: THE CASE OF CORPORATISM Lawrence Summers Jonathan
Gruber Rodrigo Vergara Working Paper No. 4063 NATIONAL ...
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The taxation of risky assets

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JI Bulow… - 1984 - nber.org
Page 1. NBER WORKING PAPER SERIES THE TAXATION OF RISKY ASSETS Jeremy I • Bulow
Lawrence H. Summers Working Paper No. 897 NATIONAL BUREAU OF ECONOMIC RESEARCH
1050 Massachusetts Avenue Cambridge MA 02138 June 1982 ...
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Is there a corporate debt crisis?

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BS Bernanke, JY Campbell, BM Friedman… - Brookings Papers on …, 1988 - JSTOR
... An interesting recent study of the Texaco- Pennzoil dispute by David Cutler and Lawrence
Summers noted that the reductions in Texaco's stock market value after adverse court
decisions greatly exceeded the corresponding increase in Pennzoil's 16. ...
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Employee Crime, Monitoring, and the Efficiency Wage Hypothesis

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W Dickens, LF Katz, K Lang… - 1989 - nber.org
... of Economics University of California Berkeley, CA 94720 Lawrence Katz Department of
Economics Harvard University Cambridge, MA 02138 Kevin Lang Department of Economics
Boston University 270 Bay State Road Boston, MA 02215 Lawrence Summers Department of ...
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Dividend taxes, corporate investment, and [] Q'

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JM Poterba… - Journal of Public Economics, 1983 - Elsevier
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Is the rate of profit falling?

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Full text - MIT Libraries
M Feldstein, L Summers… - Brookings Papers on Economic …, 1977 - JSTOR
THE PRETAX net rate of return on corporate capital reached a thirty-year low in 1974 of only
6.4 percent, according to the estimates that we develop in this paper. Although profits have
rebounded substantially since then, there is still a widespread suspicion that the rate of ...
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[PDF] Remarks at NBER conference on diversifying the science and engineering workforce

[PDF] from harvard.edu
LH Summers - Retrieved April, 2005 - isites.harvard.edu
Page 1. Remarks at NBER Conference on Diversifying the Science & Engineering
Workforce Lawrence H. Summers Cambridge, Mass. January 14, 2005 I asked
Richard, when he invited me to come here and speak, whether ...
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[PDF] Tax reform and corporate investment: A microeconometric simulation study

[PDF] from nber.org
M Salinger… - 1983 - nber.org
Page 1. This PDF is a selection from an out-of-print volume from the National Bureau of Economic
Research Volume Title: Behavioral Simulation Methods in Tax Policy Analysis Volume
Author/Editor: Martin Feldstein, ed. Volume Publisher: University of Chicago Press ...
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The costs of conflict resolution and financial distress: Evidence from the Texaco-Pennzoil litigation

[PDF] from harvard.edu
DM Cutler… - 1989 - nber.org
Page 1. NBER WORKING PAPER SERIES THE COSTS OF CONFLICT RESOLUTION
AND FINANCIAL DISTRESS: EVIDENCE FROM THE TEXACO-PENNZOIL LITIGATION
David M. Cutler Lawrence H. Summers Working Paper No. 2418 ...
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Tax incidence

LJ Kotlikoff… - Handbook of public economics, 1987 - Elsevier
Cited by 146 - Related articles - Library Search - All 5 versions

Why is the unemployment rate so very high near full employment?

[PDF] from brookings-tsinghua.cn
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LH Summers, KG Abraham… - Brookings Papers on Economic …, 1986 - JSTOR
Page 1. LAWRENCE H. SUMMERS Harvard University Why Is the Unemployment
Rate So Very High near Full Employment? IN A WELL-KNOWN PAPER in one of the
inaugural issues of the Brookings Papers, Robert Hall posed ...
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Reflections on global account imbalances and emerging markets reserve accumulation

LH Summers - Working Papers, 2007 - ideas.repec.org
Downloadable! The lecture focuses on some implications -- both positive and normative -- of
the most surprising development in the international financial system over the last half dozen
years. That development is the large flow of capital from the world’s most successful emerging ...
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Perspectives on high world real interest rates

[PDF] from brookings.edu
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OJ Blanchard, LH Summers, AS Blinder… - Brookings Papers on …, 1984 - JSTOR
Page 1. OLIVIER J. BLANCHARD Massachusetts Institute of Technology LAWRENCE H.
SUMMERS Harvard University Perspectives on High World Real Interest Rates REAL INTEREST
RATES in the United States have reached extremely high levels in the last several years. ...
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[PDF] Can interindustry wage differentials justify strategic trade policy?

[PDF] from nber.org
LF Katz… - 1989 - nber.org
Page 1. This PDF is a selection from an out-of-print volume from the National Bureau of Economic
Research Volume Title: Trade Policies for International Competitiveness Volume Author/Editor:
Robert C. Feenstra, editor Volume Publisher: University of Chicago Press ...
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Should Nations Learn to Live with Inflation?

S Fischer… - 1990 - nber.org
... Stanley Pischer Lawrence Summers Working Paper No. 2815 ... Stanley Fischer Lawrence
Summers The World Bank Department of Economics S-9O35 Harvard University 1818
H Street Cambridge, MA 02118 Washington, DC 20431 Page 3. ...
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Multiple shooting in rational expectations models

D Lipton, JM Poterba, JD Sachs… - 1983 - nber.org
NBER TECHNICAL PAPER SERIES MULTIPLE SHOOTING IN RATIONAL EXPECTATIONS
MODELS David Lipton James Poterba Jeffrey Sachs Lawrence Summers Technical Paper No. ...
David Lipton James Poterba Jeffrey Sachs Lawrence Summers National Bureau .of. ...
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Why is US national saving so low?

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L Summers, C Carroll… - Brookings Papers on Economic Activity, 1987 - JSTOR
THE LOW American national saving rate has long been a serious concern to economic
policymakers. Increasing national saving and investment was a principal objective of the
Economic Recovery Tax Act of 1981 and of the supply-side economic policies that ...
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Poverty in America: Is Welfare the Answer or the Problem?

DT Ellwood… - 1985 - nber.org
Page 1. NBER WORKING PAPER SERIES POVERTY IN AMERICA: IS WELFARE
THE ANSWER OR THE PROBLEM? David T. Eliwood Lawrence H. Suniners Working
Paper No. 1711 NATIONAL BUREAU OF ECONOMIC ...
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Labor force participation: timing and persistence

KB Clark… - 1984 - nber.org
... persistence are more accurate, and that previous employment tends to raise the probability of
subsequent employment, Kim B. Clark Harvard University Business School Morgan 5 - Soldiers
Field Boston, MA 02163 (617) 495-6303 Professor Lawrence Summers Department of ...
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Inflation, Tax Rules, and the Long Term Interest Rates

[PDF] from brookings.edu
MS Feldstein… - 1979 - nber.org
У i..- /' 3 MARTIN FELDSTEIN National Bureau of Economie Research and Harvard University
LAWRENCE SUMMERS National Bureau of Economie Research and Harvard University Inflation,
Tax Rules, and the Long-Term Interest Rate Although the return to capital is a ...
Cited by 114 - Related articles - Library Search - All 12 versions

Demographic differences in cyclical employment variation

KB Clark… - 1981 - nber.org
Page 1. ~- NBER WORKING PAPER SERIES DEMOGRAPHIC DIFFERENCES IN
CYCLICAL EMPLOYMENT VARIATION Kim B. Clark Lawrence H. Summers Working
Paper No. 514 NATIONAL BUREAU OF ECONOMIC RESEARCH ...
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Distinguished lecture on economics in government: reflections on managing global integration

[PDF] from carlospitta.com
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LH Summers - The Journal of Economic Perspectives, 1999 - JSTOR
Page 1. Journal of Economic Perspectives-Volume 13, Number 2-Spring 1999-Pages
3-18 Distinguished Lecture on Economics in Government Reflections on Managing
Global Integration Lawrence H. Summers he language ...
Cited by 117 - Related articles - BL Direct - All 14 versions

[PDF] Macroeconomic policy and long-run growth

[PDF] from blog.us
JB De Long… - Federal Reserve Bank of Kansas City …, 1992 - econ.blog.us
Page 1. Macroeconomic Policy and Long-Run Growth J. Bradford De Long Harvard
University and NBER Lawrence H. Summers World Bank and Harvard University
August 1992; revised September 1992 We would like to thank ...
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Why have private savings rates in the United States and Canada diverged?

[PDF] from jhu.edu
Full text - MIT Libraries
C Carroll… - Journal of Monetary Economics, 1987 - Elsevier
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The adequacy of savings

[PDF] from 128.36.236.35
LJ Kotlikoff… - 1981 - nber.org
Page 1. NBER WORKING PAPER SERIES THE ADEQUACY OF SAVINGS Laurence
Kotlikoff Lawrence H. Summeïs Working Paper No. 627 NATIONAL BUREAU OF
ECONOMIC RESEARCH IO5O Massachusetts Avenue Cambridge ...
Cited by 112 - Related articles - Library Search - All 22 versions

[CITATION] Unemployment insurance and labor market transitions

KB Clark, LH Summers… - 1980
Cited by 113 - Related articles

US competitiveness: Beyond the trade deficit

Full text - MIT Libraries
GN Hatsopoulos, PR Krugman… - Science, 1988 - sciencemag.org
Page 1. US Competitiveness: Beyond the Trade Deficit GEORGE N. HATSOPOULOS,
PAUL R. KRUGMAN, LAWRENCE H. SUMMERS Large trade deficits and the
corresponding increase in US international indebtedness have ...
Cited by 106 - Related articles - All 6 versions

Finance and its reform: beyond laissez-faire

G Caprio Jr… - 1993 - ideas.repec.org
Downloadable! That the financial sector should be liberalized was the orthodox view in the
mid-1970s, during a pendulum swing toward reliance on the free market. In the early 1980s, the
pendulum swung back to the left, based partly on evidence - especially from Latin America ...
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Finite lifetimes and the effects of budget deficits on national saving

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JM Poterba… - Journal of Monetary Economics, 1987 - Elsevier
Cited by 105 - Related articles - Library Search - All 10 versions

Unemployment benefits and labor market transitions: A multinomial logit model with errors in classification

JM Poterba… - The Review of Economics and Statistics, 1995 - JSTOR
Page 1. The Review of Economics and Statistics VOL. LXXVII MAY 1995 NUMBER 2
UNEMPLOYMENT BENEFITS AND LABOR MARKET TRANSITIONS: A MULTINOMIAL LOGIT
MODEL WITH ERRORS IN CLASSIFICATION James M. Poterba and Lawrence H. Summers* ...
Cited by 99 - Related articles - Get it from MIT Libraries - Library Search - All 6 versions

The economic consequences of noise traders

JB DeLong, A Shleifer, LH Summers… - 1987 - nber.org
Page 1. NBER WORKING PAPER SERIES THE ECONOMIC CONSEQUENCES OF
NOISE TRADERS J. Bradford De Long Andrei Shleifer Lawrence H. Summers Robert
J. Waldmann Working Paper No. 2395 NATIONAL BUREAU ...
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Inflexible prices and procyclical productivity

[PDF] from oxfordjournals.org
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JJ Rotemberg… - The Quarterly Journal of …, 1990 - qje.oxfordjournals.org
Page 1. INFLEXIBLE PRICES AND PROCYCLICAL PRODUCTIVITY* JULIO J.
ROTEMBERG AND LAWRENCE H. SUMMERS Hall has shown that, with perfect
competition and price flexibility, total factor productivity measured ...
Cited by 95 - Related articles - All 9 versions

Fiscal increasing returns, hysteresis, real wages and unemployment

[PDF] from mit.edu
OJ Blanchard… - 1989 - nber.org
Page 1. NBER WORKING PAPER SERIES FISCAL INCREASING RETURNS,
HYSTERESIS, REAL WAGES AND UNEMPLOYMENT Olivier J. Blanchard Lawrence
H. Summers Working Paper No. 2034 NATIONAL BUREAU ...
Cited by 94 - Related articles - Library Search - All 12 versions

Taxes and the investment recovery

[PDF] from brookings-tsinghua.cn
Full text - MIT Libraries
BP Bosworth, JB Shoven… - Brookings Papers on Economic …, 1985 - JSTOR
... 10 The discussion of tax policy 9. For a recent example, see Martin Feldstein and
Lawrence Summers, "Inflation and the Taxation of Capital Income in the Corporate Sector,"
National Tax Joulrnal, vol. 32 (December 1979), pp. 445-70. 10. ...
Cited by 93 - Related articles - All 7 versions

Why Is Insured Unemployment So Low?

[PDF] from brookings-tsinghua.cn
Full text - MIT Libraries
G Burtless… - Brookings Papers on Economic Activity, 1983 - JSTOR
Page 1. GARY BURTLESS Brookings Institution Why Is Insured Unemployment So
Low? THE NATION'S unemployment rate has risen to new post-Depression highs since
1980. But at the same time the number of persons receiving ...
Cited by 92 - Related articles - All 10 versions

The contribution of intergenerational transfers to total wealth: A reply

LJ Kotlikoff… - 1988 - nber.org
Page 1. NBER WORKING PAPER SERIES THE CONTRIBUTION OF
INTERGENERATIONAL TRANSFERS TO TOTAL WEALTH: A REPLY Laurence J.
Kotlikoff Lawrence H. Summers Working Paper No. 1827 NATIONAL BUREAU ...
Cited by 92 - Related articles - Library Search - All 8 versions

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