The Personal Discount Rate: Evidence from Military Downsizing Programs John T. Warner and Saul Pleeter (pp. 33-53)
Naive Diversification Strategies in Defined Contribution Saving Plans Shlomo Benartzi and Richard H. Thaler (pp. 79-98)
The Effects of Investing Social Security Funds in the Stock Market When Fixed Costs Prevent Some Households from Holding Stocks Andrew B. Abel (pp. 128-148)
Habit Persistence, Asset Returns, and the Business Cycle Michele Boldrin, Lawrence J. Christiano and Jonas D. M. Fisher (pp. 149-166)
Monetary Policy and Multiple Equilibria Jess Benhabib, Stephanie Schmitt-Grohé and Martín Uribe (pp. 167-186)
What Hides Behind an Unemployment Rate: Comparing Portuguese and U.S. Labor Markets Olivier Blanchard and Pedro Portugal (pp. 187-207)
Local Discouragement and Global Collapse: A Theory of Coordination Avalanches Thomas D. Jeitschko and Curtis R. Taylor (pp. 208-224)
The Provision of Public Goods under Alternative Electoral Incentives Alessandro Lizzeri and Nicola Persico (pp. 225-239)
Proofs and Prototypes for Sale: The Licensing of University Inventions Richard Jensen and Marie Thursby (pp. 240-259)
SHORTER PAPERS Race, Roosevelt, and Wartime Production: Fair Employment in World War II Labor Markets William J. Collins (pp. 272-286)
SHORTER PAPERS Tallest in the World: Native Americans of the Great Plains in the Nineteenth Century Richard H. Steckel and Joseph M. Prince (pp. 287-294)
SHORTER PAPERS The Market Evaluation of Criminality: Evidence from the Auction of British Convict Labor in America, 1767-1775 Farley Grubb (pp. 295-304)
SHORTER PAPERS State-Owned and Privately Owned Firms: An Empirical Analysis of Profitability, Leverage, and Labor Intensity Kathryn L. DeWenter and Paul H. Malatesta (pp. 320-334)
SHORTER PAPERS Preferences over Inflation and Unemployment: Evidence from Surveys of Happiness Rafael Di Tella, Robert J. MacCulloch and Andrew J. Oswald (pp. 335-341)
SHORTER PAPERS Firm-Specific Human Capital as a Shared Investment: Comment Edwin Leuven and Hessel Oosterbeek (pp. 342-347)
SHORTER PAPERS Firm-Specific Human Capital as a Shared Investment: Reply Masanori Hashimoto (pp. 348-349)