NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Publications by Michael R. Darby

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers only

Books

The International Transmission of Inflation
with James R. Lothian, Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
Published in 1983 by University of Chicago Press
© 1983 by the National Bureau of Economic Research

Working Papers and Chapters

June 2014Defacto and Deeded Intellectual Property: Knowledge-Driven Co-Evolution of Firm Collaboration Boundaries and IPR Strategy
with Lynne G. Zucker: w20249
September 2011Communitywide Database Designs for Tracking Innovation Impact: COMETS, STARS and Nanobank
with Lynne G. Zucker, Jason Fong: w17404

Forthcoming: Annals of Economics and Statistics (Annales d’Economie et Statistique), Issue 115/116, in press 2014

August 2010Grilichesian Breakthroughs: Inventions of Methods of Inventing and Firm Entry in Nanotechnology
with Lynne G. Zucker
in Contributions in Memory of Zvi Griliches, Jacques Mairesse and Manuel Trajtenberg, editors
October 2007Star Scientists, Innovation and Regional and National Immigration
with Lynne G. Zucker: w13547

Published: Entrepreneurship and Openness Entrepreneurship and Openness Theory and Evidence Industrial Dynamics, Entrepreneurship and Innovation series. Edited by David B. Audretsch, Robert E. Litan and Robert Strom. Category: Monograph. Book Publisher: Edward Elgar Publishing. Published in print: 29 May 2009 ISBN: 9781847207791 eISBN: 9781848449046 DOI: 10.4337/9781848449046 Pages: 232

November 2006Minerva Unbound: Knowledge Stocks, Knowledge Flows and New Knowledge Production
with Lynne G. Zucker, Jonathan Furner, Robert C. Liu, Hongyan Ma: w12669

Published: Zucker, Lynne G. & Darby, Michael R. & Furner, Jonathan & Liu, Robert C. & Ma, Hongyan, 2007. "Minerva unbound: Knowledge stocks, knowledge flows and new knowledge production," Research Policy, Elsevier, vol. 36(6), pages 850-863, July. citation courtesy of

April 2006Movement of Star Scientists and Engineers and High-Tech Firm Entry
with Lynne G. Zucker: w12172

Forthcoming, Annals of Economics and Statistics (Annales d’Economie et Statistique), Issue 115/116, in press 2014.

March 2006Innovation, Competition and Welfare-Enhancing Monopoly
with Lynne G. Zucker: w12094

Published: Lynne G. Zucker and Michael R. Darby, “Socio-economic Impact of Nanoscale Science: Initial Results and NanoBank,” in Mihail C. Roco and William S. Bainbridge, eds., Nanotechnology: Societal Implications II — Individual Perspectives, Dordrecht, The Netherlands: Springer, 2007. [ISBN 1-4020-4658-8, pp. 7-23]

March 2005Socio-economic Impact of Nanoscale Science: Initial Results and NanoBank
with Lynne G. Zucker: w11181

Published: Lynne G. Zucker and Michael R. Darby, “Socio-economic Impact of Nanoscale Science: Initial Results and NanoBank,” in Mihail C. Roco and William S. Bainbridge, eds., Nanotechnology: Societal Implications II — Individual Perspectives, Dordrecht, The Netherlands: Springer, 2007. [ISBN 1-4020-4658-8, pp. 7-23]

July 2003Grilichesian Breakthroughs: Inventions of Methods of Inventing and Firm Entry in Nanotechnology
with Lynne G. Zucker: w9825

Published:

June 2003Measuring Success of Advanced Technology Program Participation Using Archival Data
with Lynne G. Zucker: w9780
January 2003Universities, Joint Ventures, and Success in the Advanced Technology Program
with Lynne G. Zucker, Andrew Wang: w9463

Published: Michael R. Darby, Lynne G. Zucker, and Andrew Wang, “Joint Ventures, Universities, and Success in the Advanced Technology Program,” Contemporary Economic Policy, April 2004, 22(2): 145-161. http://cep.oupjournals.org/cgi/reprint/22/2/145.pdf

May 2002Going Public When You Can in Biotechnology
with Lynne G. Zucker: w8954

Published: Michael R. Darby and Lynne G. Zucker, “Real Effects of Knowledge Capital on Going Public and Market Valuation,” in Naomi Lamoreaux and Kenneth Sokoloff, eds., Financing Innovation in the United States, 1870 to the Present, Cambridge, MA: The MIT Press, 2007. [ISBN 0-262-12289-8, pp. 433-467]

Growing by Leaps and Inches: Creative Destruction, Real Cost Reduction, and Inching Up
with Lynne G. Zucker: w8947

Published:

October 2001Commercializing Knowledge: University Science, Knowledge Capture, and Firm Performance in Biotechnology
with Lynne G. Zucker, Jeff S. Armstrong: w8499

Published:

July 1999Local Academic Science Driving Organizational Change: The Adoption of Biotechnology by Japanese Firms
with Lynne G. Zucker: w7248

Published: Michael R. Darby and Lynne G. Zucker, “Change or Die: The Adoption of Biotechnology in the Japanese and U.S. Pharmaceutical Industries,” Comparative Studies of Technological Evolution, 2001, 7: 85-125.

June 1999Stakes and Stars: The Effect of Intellectual Human Capital on the Level and Variability of High-Tech Firms' Market Values
with Qiao Liu, Lynne G. Zucker: w7201

Published: Darby, Michael R., Qiao Liu and Lynne G. Zucker. "High Stakes In High Technology: High-Tech Market Values As Options," Economic Inquiry, 2004, v42(3,Jul), 351-369.

February 1998Fundamentals or Population Dynamics and the Geographic Distribution of U.S. Biotechnology Enterprises, 1976-1989
with Lynne G. Zucker, Yusheng Peng: w6414

Published: Lynne G. Zucker and Michael R. Darby, “Capturing Technological Opportunity Via Japan's Star Scientists: Evidence from Japanese Firms' Biotech Patents and Products,” Journal of Technology Transfer, January 2001, 26(1/2): 37-58.

January 1998Capturing Technological Opportunity via Japan's Star Scientists: Evidence from Japanese Firms' Biotech Patents and Products
with Lynne G. Zucker: w6360

Published: Zucker, Lynne G & Darby, Michael R, 2001. " Capturing Technological Opportunity via Japan's Star Scientists: Evidence from Japanese Firms' Biotech Patents and Products," The Journal of Technology Transfer, Springer, vol. 26(1-2), pages 37-58, January. citation courtesy of

September 1997Chinese Rural Industrial Productivity and Urban Spillovers
with Yusheng Peng, Lynne G. Zucker: w6202
May 1997Labor Mobility from Academe to Commerce
with Lynne G. Zucker, Maximo Torero: w6050

Published: Zucker, Lynne G., Michael R. Darby and Maximo Torero. "Labor Mobility From Academe To Commerce," Journal of Labor Economics, 2002, v20(3,Jul), 629-660. citation courtesy of

October 1996Star Scientists, Institutions, and the Entry of Japanese Biotechnology Enterprises
with Lynne G. Zucker: w5795

Published: Zucker, Lynne G & Darby, Michael R, 2001. " Capturing Technological Opportunity via Japan's Star Scientists: Evidence from Japanese Firms' Biotech Patents and Products," The Journal of Technology Transfer, Springer, vol. 26(1-2), pages 37-58, January.

May 1996Costly Information in Firm Transformation, Exit, or Persistent Failure
with Lynne G. Zucker: w5577

Published: American Behavioral Scientist, vol. 39, no. 8, August 1996.

December 1995Social Construction of Trust to Protect Ideas and Data in Space Science and Geophysics
with Lynne G. Zucker: w5373

Published: Lynne G. Zucker and Michael R. Darby, “Sociological Analysis of Multi-Institutional Collaborations in Space Science and Geophysics,” in Joan Warnow-Blewett, Anthony J. Capitos, Joel Genuth, and Spencer R. Weart, with contributions by Frederik Nebeker, Lynne Zucker, and Michael Darby, AIP Study of Multi-Institutional Collaborations, Phase II: Space Science and Geophysics. Report No. 2: Documenting Collaborations in Space Science and Geophysics, College Park, MD: American Institute of Physics, 1995

November 1995Virtuous Circles of Productivity: Star Bioscientists and the Institutional Transformation of Industry
with Lynne G. Zucker: w5342

Published: Lynne G. Zucker and Michael R. Darby, “Virtuous Circles in Science and Commerce,” Papers in Regional Science, August 2007, 86(3): 445-471.

August 1995Present at the Revolution: Transformation of Technical Identity for a Large Incumbent Pharmaceutical Firm After the Biotechnological Breakthrough
with Lynne G. Zucker: w5243

Published: Research Policy 26 (1997) 429-446

July 1995Collaboration Structure and Information Dilemmas in Biotechnology: Organizational Boundaries as Trust Production
with Lynne G. Zucker, Marilynn B. Brewer, Yusheng Peng: w5199

Published: Kramer, Roderick M. and Tom R. Tyler (eds.) Trust in Organizations. Thousand Oaks, CA: Sage, 1996.

December 1994Intellectual Capital and the Firm: The Technology of Geographically Localized Knowledge Spillovers
with Lynne G. Zucker, Jeff Armstrong: w4946

Published: Economic Inquiry. Vol 36, January 1998. pp. 65-86

July 1994Over-the-Counter Derivatives and Systemic Risk to the Global Financial System
w4801

Published: Darby, Michael R. "Over-The-Counter Derivatives And Systematic Risk To The Global Financial System," Advances in International Banking and Finance, 1997, v3(1), 215-235.

February 1994Intellectual Capital and the Birth of U.S. Biotechnology Enterprises
with Lynne G. Zucker, Marilynn B. Brewer: w4653

Published: American Economic Review, vol. 88, no. 1, March 1998. pp. 290-306

1989The International Transmission of Inflation Afloat
with James Lothian
in Money, History, and International Finance: Essays in Honor of Anna J. Schwartz, Michael D. Bordo, editor
August 1986The Ins and Outs of Unemployment: The Ins Win
with John C. Haltiwanger, Mark W. Plant: w1997
July 1986Economic Events and Keynesian Ideas: The 1930s and the 1970s
with James R. Lothian: w1987

Published: Darby and Lothian, "Keynes's General Theory: Fifty Years On; Its Relevance and Irrelevance to Modern Times," ed. by John Burton, et.al., Hobart Paperback 24, London: The Institute of Economic Affairs, 1986.

The Internationalization of American Banking and Finance: Structure, Risk, adn World Interest Rates
w1989

Published: Darby, Michael R."The Internationalization of American Banking and Finance:structure, Risk, and World Interest Rates," Journal of International Money and Finance, Vol. 5, No. 4, (December 1986). citation courtesy of

February 1985Unemployment-Rate Dynamics and Persistent Unemployment Under Rational Expectations
with John C. Haltiwanger, Mark W. Plant: w1558

Published: Darby, Michael R., John C. Haltiwanger and Mark W. Plan. "Unemployment-Rate Dynamics and Persistent Unemployment Under Rational Expectations." American Economic Review, Vol. 75, No. 4, (September 1985), pp. 614-637. citation courtesy of

October 1984Some Pleasant Monetarist Arithmetic
w1295

Published: Darby, Michael R. "Some Pleasant Monetarist Arithmetic." Federal Reserve Bank of Minneapolis Quarterly Review, Vol.8, No. 2, (Spring 1984), pp. 15-2 0. citation courtesy of

May 1983Monetary Policy in the Large Open Economy
w1127

Published: Darby, Michael R. "Monetary Policy in the Large Open Economy." Monetary Policy in Our Times, edited by Albert Ando and Hidekazu Eguchi. Cambridge, MA: M.I.T. Press, (1985), pp. 143-167.

1983Front matter, table of contents
with James R. Lothian, Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
in The International Transmission of Inflation, Michael R. Darby, James R. Lothian and Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
Preface
with James R. Lothian
in The International Transmission of Inflation, Michael R. Darby, James R. Lothian and Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
I. Preliminaries: Introduction and Summary
with James R. Lothian
in The International Transmission of Inflation, Michael R. Darby, James R. Lothian and Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
II. The Mark III International Transmission Model
with James R. Lothian, Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
in The International Transmission of Inflation, Michael R. Darby, James R. Lothian and Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
The Mark III International Transmission Model: Specification
with Alan C. Stockman
in The International Transmission of Inflation, Michael R. Darby, James R. Lothian and Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
The Mark III International Transmission Model: Estimates
with Alan C. Stockman
in The International Transmission of Inflation, Michael R. Darby, James R. Lothian and Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
International Transmission of Monetary and Fiscal Shocks under Pegged and Floating Exchange Rates: Simulation Experiments
in The International Transmission of Inflation, Michael R. Darby, James R. Lothian and Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
The Importance of Oil Price Changes in the 1970s World Inflation
in The International Transmission of Inflation, Michael R. Darby, James R. Lothian and Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
Actual versus Unanticipated Changes in Aggregate Demand Variables: A Sensitivity Analysis of the Real-Income Equation
in The International Transmission of Inflation, Michael R. Darby, James R. Lothian and Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
III. Capital Flows, Sterilization, Monetary Policy, and Exchange Intervention
with James R. Lothian, Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
in The International Transmission of Inflation, Michael R. Darby, James R. Lothian and Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
Sterilization and Monetary Control: Concepts, Issues, and a Reduced-Form Test
in The International Transmission of Inflation, Michael R. Darby, James R. Lothian and Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
IV. International Price Movements
with James R. Lothian, Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
in The International Transmission of Inflation, Michael R. Darby, James R. Lothian and Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
Movements in Purchasing Power Parity: The Short and Long Runs
in The International Transmission of Inflation, Michael R. Darby, James R. Lothian and Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
The United States as an Exogenous Source of World Inflation under the Bretton Woods System
in The International Transmission of Inflation, Michael R. Darby, James R. Lothian and Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
V. Conclusions: Conclusions on the International Transmission of Inflation
with James R. Lothian
in The International Transmission of Inflation, Michael R. Darby, James R. Lothian and Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
Indexes
with James R. Lothian, Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
in The International Transmission of Inflation, Michael R. Darby, James R. Lothian and Arthur E. Gandolfi, Anna J. Schwartz, Alan C. Stockman
November 1982The U.S. Productivity Slowdown: A Case of Statistical Myopia
w1018

Published: Darby, Michael R. "The U.S. Productivity Slowdown: A Case of Statistical Myopia." The American Economic Review, Vol. 74, No. 3, (June 1984), pp. 30 1-322. citation courtesy of

February 1981The Real Price of Oil and the 1970s World Inflation
w0629

Published: Darby, Michael R. "The Price of Oil and World Inflation and Recession." The American Economic Review, Vol. 72, No. 4 (September 1982), pp. 738-751.

December 1980International Transmission under Pegged and Floating Exchange Rates: An Empirical Comparison
w0585

Published: Darby, Michael R. "International Transmission under Pegged and Floating Exchange Rates: An Empirical Comparison." Economic Interdependence and Flexible Exchange Rates, edited by J.S. Bhandari and B.H. Putnam. Cambridge, MA: M.I.T. Press, (1983), pp. 427-471.

Unanticipated or Actual Changes in Aggregate Demand Variables: A Cross-Country Analysis
w0589

Published: Proceedings of Fourth West Coast Academic/Federal Reserve Economic Research Seminar (Fall 1980), Supplement.

Does Purchasing Power Parity Work?
w0607

Published: Michael R. Darby, 1981. "Does purchasing power parity work?," Proceedings, Federal Reserve Bank of San Francisco, pages 136-173. citation courtesy of

July 1980The Role of Money Supply Shocks in the Short-Run Demand for Money
with Jack Carr: w0524

Published: Carr, Jack and Darby, Michael R. "The Role of Money Supply Shocks in the Short-Run Demand for Money." Journal of Monetary Economics, Vol. 8, No. 2, (September 1981), pp. 183-199. citation courtesy of

March 1980The Mark III International Transmission Model
with Alan C. Stockman: w0462

Published: The Mark III International Transmission Model: Specification , Michael R. Darby, Alan C. Stockman. in The International Transmission of Inflation, Darby, Lothian, Gandolfi, Schwartz, and Stockman. 1983

February 1980Sterilization and Monetary Control under Pegged Exchange Rates: Theory and Evidence
w0449

Published: Sterilization and Monetary Control: Concepts, Issues, and a Reduced-Form Test, Michael R. Darby. in The International Transmission of Inflation, Darby, Lothian, Gandolfi, Schwartz, and Stockman. 1983

1980The International Economy as a Source of and Restraint on United States Inflation
w0437

Published: Darby, Michael R. "The International Economy as a Source of and Restraint on United States Inflation." Inflation: Causes, Consequents, and Control, edited by William A. Gale. Cambridge: Oelgeschlager, Gunn & Hain, Publishers, Inc, 1981.

December 1977The Consumer Expenditure Function
in Explorations in Economic Research, Volume 4, number 5, NBER
July 1975Qualitative Information, Reputation, and Monopolistic Competition
with John R. Lott, Jr.: w0095

Published: International Review of Law and Economics, vol.9, no.1, pp87-103, June 1989 citation courtesy of

May 1975Three-And-A-Half Million U.S. Employees Have Been Mislaid: Or, An Explanation of Unemployment, 1934-1941
w0088

Published: Darby, Michael R. "Three-And-A-Half Million U.S. Employees Have Been Mislaid: Or, An Explanation of Unemployment, 1934-1941." Journal of Political Economy, Vol. 84, No. 1, (February 1976), pp. 1-16. citation courtesy of

March 1975The Consumer Expenditure Function
w0079

Published:

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