Robert E. Hall
Other Publications and Vintage Unpublished Papers:
2000-present
Controlling the Price Level, Contributions to
Macroeconomics, Vol. 2 (5), May 2002.
The Labor Market is the Key to Understanding the Business
Cycle, unpublished, September 2004.
Editorial on Ben Bernanke appointment, Wall Street Journal,
February 21, 2006.
1990s
Contracts: Determinants, Properties, and Implications, remarks for the
concluding panel,
Nobel Symposium, August 1990.
High and Low Unemployment Equilibria,
Self-Selection, and Screening in the Labor Market, unpublished, February
1990.
Recession Dating, prepared for Federal
Reserve Board, unpublished, December 1991.
Recessions as Reorganizations, unpublished, February
1991.
Macro Theory and the Recession of 1990-91, American Economic
Review Papers and Proceedings, Vol. 83(2), May 1993.
Nominal Income Targeting (with N. Gregory Mankiw), in N. Gregory Mankiw
(ed.), Monetary Policy, University of
The Effects of the Brookings Panel on Economic Activity
on Economic Activity, joke paper prepared for BPEA, 1995.
The Effects of Tax Reform on Prices and Asset Values, in James Poterba (ed.), Tax Policy and the Economy, Vol. 10,
National Bureau of Economic Research, MIT Press, 1996, pp. 71-88.
The Flat Tax: A Simple Progressive Consumption Tax (with Alvin Rabushka), in Michael J. Boskin (ed.), Frontiers
of Tax Reform, Stanford, CA:
Putting the Flat Tax into Action (with Alvin Rabushka), in Fairness & Efficiency in the Flat Tax,
AEI press, 1996, pp. 3-41.
Robert Lucas, Recipient of the 1995 Nobel Memorial Prize
in Economics, Scandinavian Journal of Economics, Vol. 98 (1),
1996, pp. 33-48.
Overview of the U.S. Economy (with Susan E. Woodward), prepared
for Korea Development Institute, 1997.
The Inkjet Aftermarket: An
Economic Analysis, unpublished, August 1997.
Aggregate Job Destruction and Inventory Liquidation, NBER Working Paper
6912, January 1999.
The Concentration of Job
Destruction, NBER
Working Paper 7025, 1999.
1980s
Employment Fluctuations and Wage Rigidity, in George L. Perry
(ed.), Brookings Papers on Economic Activity 1, The Brookings
Institution,
Stabilization Policy and Capital Formation, American Economic
Review, Vol. 70, No. 2, May 1980, pp.167-63.
Comment on Davidson & Hendry’s “Interpreting Economic
Evidence,” European Economic Review, Vol.
16, 1981, pp. 193-194.
The Government and the Monetary Unit, unpublished, December
1981.
A Proposal to Simplify our Tax
System (with
Alvin Rabushka), Wall Street Journal, December
10, 1981.
The Role of the Government in Stabilizing Prices and
Regulating Money, unpublished, January 1981.
Tax Treatment of Depreciation, Capital Gains, and
Interest in an Inflationary Economy, in Charles R. Hulten (ed.), Depreciation, Inflation, and the Taxation
of Income from Capital,
Explorations in the Gold Standard and Related Policies
for Stabilizing the Dollar, in Robert E.Hall (ed.), Inflation:
Causes and Effects,
Macroeconomic Policy for a Substantial Transfer of
Resources during a Defense Emergency, unpublished,1982.
The Minimum Wage and Job Turnover in Markets for Young
Workers, in Richard B. Freeman and David A. Wise (eds.) The
Youth Labor Market Problem: Its Nature, Causes, and Consequences,
University of Chicago Press, 1982, pp. 475-97.
Monetary Trends in the United States and the United
Kingdom: Review from the Perspective of New Development in Monetary Economics, Journal of Economic
Literature, Vol. XX, December 1982, pp. 1552-1556.
Is Unemployment a Macroeconomic Problem? AEA Papers and
Proceedings, Vol. 73, No. 2, May 1983.
Macroeconomic Policy under Structural Change, Industrial Change
and Public Policy, A Symposium Sponsored by the Federal Reserve Bank of Kansas
City, 1983, pp. 85-111.
The Federal Deficit in the Longer
Run,
unpublished, 1984.
A Free Market Policy To Stabilize the Purchasing Power of
the Dollar, in Barry N. Siegel (ed.), Money in Crisis: The
Federal Reserve, the Economy, and Monetary Reform, Cambridge, MA: Ballinger
Publishing, 1984, pp. 303-321.
The Inefficiency of Marginal-Cost Pricing and the
Apparent Rigidity of Prices, NBER Working Paper 1347, May 1984.
Monetary Strategy with an Elastic Price Standard, Price Stability and
Public Policy: A Symposium Sponsored by the Federal Reserve Bank of
Persistent Employment Fluctuations and Cautious Wage
Adjustment, unpublished, June 1984.
Real Interest and Consumption, NBER Working Paper
1694, August 1985.
Worker Reputation and the Wage
Profile (with Garey Ramey & Valerie A. Ramey), unpublished, May 1985.
Cyclical Fluctuations in the Labor Market (with David Lilien), in O. Ashenfelder and R.
Layard (eds.), Handbook of Labor Economics,
Market Structure and Macroeconomic Fluctuations, Brookings Papers on
Economic Activity, Vol. 2, 1986, pp. 285-322.
Monetary Policy under Financial Innovation and
Deregulation, in Y. Suzuki and H. Yomo
(eds.), Financial Innovation and Monetary Policy: Asia and the West,
Near-Indeterminacy of Output under Constant Marginal Cost, unpublished, July 1986.
Optimal Monetary Institutions and Policy, in Colin Campbell,
William Dougan (eds.), Alternative Monetary
Regimes, Baltimore, MD: Johns Hopkins University Press, 1986, pp. 224-239.
The Role of Consumption in Economic Fluctuations, in Robert J. Gordon
(ed.,) The American Business Cycle:
Continuity and Change,
Unit Elasticity Hypothesis and the Indeterminacy of
Output, unpublished, March 1986.
Productivity and the Business Cycle, Carnegie-Rochester
Conference Series on Public Policy, Vol. 27, 1987, pp. 421-444.
The Volatility of Employment with Fixed Costs of Going to
Work, unpublished, June 1987.
Fluctuations in Equilibrium Unemployment, American Economic
Review, Papers and Proceedings, Vol. 78, No. 2, May 1988.
Consumption, in Robert J. Barro (ed.,), Modern
Business Cycle Theory,
1970s
The Calculation of Ordinary Least Squares Estimates, unpublished, Dept. of
Economics, UC Berkeley, March 1970.
Unionism and the Inflationary Bias of Labor Markets, unpublished, January
1970.
Application of the Theory of Optimum Capital Accumulation (with Dale W.
Jorgenson), in G. Fromm (ed.), The Effect of
Tax Incentives on Investment,
The Market for Professional and Technical Workers, Brookings Papers on
Economic Activity, Vol. 1, 1971, pp. 213-218.
Prospects for Shifting the Phillips Curve Through
Manpower Policy, Brookings Papers on Economic Activity, Vol. 3,
1971, pp. 659-701.
Book Review of Microeconomic Foundations of Employment
and Inflation Theory, ed. Phelps, Journal of Economic Literature,
March 1972.
The Variation in Hours of Work
among Individuals,
unpublished, January 1972.
A Contribution to the Econometric Theory of Unobserved
Components, unpublished, January 1973.
On the Statistical Theory of Unobserved Components, unpublished, August
1973.
The Relative Occupational Success of Blacks and Whites (with Richard Kasten), Brookings Papers on Economic Activity, Vol.
3, 1973, pp. 781-797.
The Distribution of Unobserved Variables, unpublished, January
1974.
The Process of Inflation in the Labor Market, Brookings Papers on
Economic Activity, Vol. 2, 1974, pp. 343-409.
The Effects of the Experimental Negative Income Tax on
Labor Supply, in Pechman and Timpane (eds.), Work Incentives and Income Guarantees:
The
The Rigidity of Wages and the Persistence of Unemployment, Brookings Papers on
Economic Activity, Vol. 2, 1975, pp. 301-349.
The Taxation of Earnings under Public Assistance (with N. A. Barr), Economica, November 1975.
An Approximate Divisia Index of
Total Factor Productivity (with Spencer Star), Econometrica,
Vol. 44, No. 2, March 1976.
An Economic Appraisal of the Full Employment and Balanced
Growth Act, Testimony before House Subcommittee, April 1976.
Notes on the Current State of Empirical Macroeconomics, unpublished, June 1976.
Occupational Mobility and the Distribution of
Occupational Success among Young Men (with Richard Kasten), American Economic Review Papers and Proceedings,
Vol. 66, May 1976, pp. 309-315.
The Phillips Curve in Macroeconomics Policy, in K. Brunner, A.
Meltzer (eds.), The Phillips Curve and Labor Markets, Amsterdam:
North-Holland, 1976.
The Conflicting Goals of National Energy Policy (with Robert S. Pindyck, The Public
Interest, No. 47, 1977.
The Effectiveness of Training Programs in Raising
Earnings, in Seymour L. Wolfbein (ed.),
Men in thePre-Retirement Years,
Investment, Interest Rates, and the Effects of
Stabilization Policies, Brookings Papers on Economic Activity, Vol. 1,
1977, pp. 61-121.
Controlling Inflation, unpublished, November
1978.
Distribution of Permanent Income (with Dennis W.
Carlton), in Zvi Griliches,
Wilhelm Krelle, Hans-Jurgen
Krupp, Oldrich Kyn (eds.), Income
Distribution and Economic Inequality,
The Macroeconomic Impact of Changes in Income Taxes in
the Short and Medium Runs, Journal of
Political Economy, Vol. 386, No. 2, 1978, pp. S71-S85.
The Nature and Measurement of Unemployment, NBER Working Paper
0252, July 1978.
Some Evidence on the Sources of Economic Fluctuations, unpublished, June 1978.
The Unemployment Explosion of the 1970s, unpublished, February
1978.
Intertemporal Substitution and Aggregate
Fluctuations,
unpublished, 1979.
The Measurement and Significance of Labor Turnover (with David Lilien), Concepts and Data Needs, National Commission on
Employment and Unemployment Statistics, 1979, pp. 577-600.
The Role of Prevailing Prices and Wages in the Efficient
Organization of Markets, NBER Working Paper 0386, August 1979.
1960s
Investment in Equipment and
Structures, 1929-1961,
The Population of England in the
14th and 15th Centuries,
unpublished, 1965.
The Burden of Slavery, unpublished, January
1966.
Essays on the Theory of Wealth, MIT Ph.D. Thesis, June
1967.
Polynomial Distributed Lags, MIT Working Paper, July
1967.
A Flexible Infinite Distributed Lag (with Richard C. Sutch), Committee on Econometrics and Mathematical
Economics, Institute of Business and Economic Research, UC Berkeley Working
Paper No. 124, February 1968.
Simulation Methods for Intertemporal
Economic Models, UC Berkeley Working Paper, October 1968.
Transform Methods for the Study of Distributed Lags, UC Berkeley Working
Paper in Economic Theory and Econometrics, #132, June 1968.
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