NBER Working Papers by R. Glenn Hubbard

Contact and additional information for this authorAll papers and publicationsWorking Papers onlyWorking Papers with publication info

Working Papers

September 2008The Effect of Medicare Coverage for the Disabled on the Market for Private Insurance
with John F. Cogan, Daniel P. Kessler: w14309
January 2008The Effect of Tax Preferences on Health Spending
with John F. Cogan, Daniel P. Kessler: w13767
December 2006Evaluating Effects of Tax Preferences on Health Care Spending and Federal Revenues
with John F. Cogan, Daniel P. Kessler: w12733
August 2004Federal Government Debt and Interest Rates
with Eric M. Engen: w10681
June 2004"Success Taxes," Entrepreneurial Entry, and Innovation
with William M. Gentry: w10551
September 2002The Effects of Progressive Income Taxation on Job Turnover
with William M. Gentry: w9226
September 2000Entrepreneurship and Household Saving
with William M. Gentry: w7894
The Effect of the Tax Reform Act of 1986 on the Location of Assets in Financial Services Firms
with Rosanne Altshuler: w7903
Taxing Multinationals
with Michael P. Devereux: w7920
July 2000Financing Constraints and Corporate Investment: Response to Kaplan and Zingales
with Steven M. Fazzari, Bruce C. Petersen: w5462
February 2000Understanding the Determinants of Managerial Ownership and the Link Between Ownership and Performance
with Charles P. Himmelberg, Darius Palia: w7209
December 1999The Share Price Effects of Dividend Taxes and Tax Imputation Credits
with Trevor S. Harris, Deen Kemsley: w7445
June 1999Are Investment Incentives Blunted by Changes in Prices of Capital Goods?
with Kevin A. Hassett: w6676
April 1998A Re-Examination of the Conglomerate Merger Wave in the 1960s: An Internal Capital Markets View
with Darius Palia: w6539
February 1998Fundamental Tax Reform and Corporate Financial Policy
with William M. Gentry: w6433
May 1997Inflation and the User Cost of Capital: Does Inflation Still Matter?
with Darrel Cohen, Kevin A. Hassett: w6046
April 1997Capital-Market Imperfections and Investment
November 1996Distributional Implications of Introducing a Broad-Based Consumption Tax
with William M. Gentry: w5832
July 1996Tax Policy and Investment
with Kevin A. Hassett: w5683
Assessing the Effectiveness of Saving Incentives
with Jonathan S. Skinner: w5686
August 1995The Political Economy of Branching Restrictions and Deposit Insurance: A Model of Monopolistic Competition among Small and Large Banks
with Nicholas Economides, Darius Palia: w5210
Tax Reforms and Investment: A Cross-Country Comparison
with Jason G. Cummins, Kevin A. Hassett: w5232
April 1995Benefits of Control, Managerial Ownership, and the Stock Returns of Acquiring Firms
with Darius Palia: w5079
February 1995A Reconsideration of Investment Behavior Using Tax Reforms as Natural Experiments
with Jason G. Cummins, Kevin A. Hassett: r1946
December 1994Is There a `Credit Channel' for Monetary Policy?
October 1994Precautionary Saving and Social Insurance
with Jonathan Skinner, Stephen P. Zeldes: w4884
April 1994The Tax Sensitivity of Foreign Direct Investment: Evidence from Firm-Level Panel Data
with Jason G. Cummins: w4703
Executive Pay and Performance: Evidence from the U.S. Banking Industry
with Darius Palia: w4704
November 1993The Importance of Precautionary Motives in Explaining Individual and Aggregate Saving
with Jonathan Skinner, Stephen P. Zeldes: w4516
June 1993Internal Finance and Firm Investment
with Anil K Kashyap, Toni M. Whited: w4392
March 1993Internal Finance and Investment: Evidence from the Undistributed Profits Tax of 1936-1937
with Charles W. Calomiris: w4288
November 1991Corporate Financial Policy, Taxation, and Macroeconomic Risk
with Mark Gertler: w3902
July 1991Long-Term Contracting and Multiple-Price Systems
with Robert J. Weiner: w3782
November 1990Interest Rate Spreads, Credit Constraints, and Investment Fluctuations: An Empirical Investigation
with Mark Gertler, Anil Kashyap: w3495
Efficient Contracting and Market Power: Evidence from the U.S. Natural Gas Industry
with Robert J. Weiner: w3502
September 1990Coming Home to America: Dividend Repatriations by U.S. Multinationals
with James R. Hines, Jr.: w2931
April 1990Internal Net Worth and the Investment Process: An Application to U.S. Agriculture
with Anil Kashyap: w3339
December 1989Taxation, Corporate Capital Structure, and Financial Distress
with Mark L. Gertler: w3202
September 1989Corporate Payouts and the Tax Price of Corporate Retentions: Evidence from the Undistributed Profits Tax of 1936-1938
with Peter C. Reiss: w3111
May 1989Investment, Financing Decisions, and Tax Policy
with Steven Fazzari, Bruce C. Petersen: r1193
November 1988Financial Factors in Business Fluctuations
with Mark L. Gertler: w2758
February 1988Uncertain Lifetimes, Pensions, and Individual Saving
1988Firm Heterogeneity, Internal Finance, and `Credit Rationing'
with Charles W. Calomiris: w2497
December 1987Liquidity Constraints, Fiscal Policy, and Consumption
with Kenneth L. Judd: r0943
Social Security and Household Portfolio Allocation
November 1987Growing in Debt: The 'Farm Crisis' and Public Policy
with Charles W. Calomiris, James H. Stock: w2085
September 1987Financing Constraints and Corporate Investment
with Steven Fazzari, Bruce C. Petersen: w2387
April 1987International Adjustment Under the Classical Gold Standard: Evidence for the U.S. and Britain, 1879-1914
with Charles W. Calomiris: w2206
1987Finite Lifetimes, Borrowing Constraints, and Short-Run Fiscal Policy
with Kenneth L. Judd: w2158
December 1986Market Structure and Cyclical Fluctuations in U.S. Manufacturing
with Ian Domowitz, Bruce C. Petersen: w2115
October 1986Business Cycles and Oligopoly Supergames: Some Empirical Evidence on Prices and Margins
with Ian Domowitz, Bruce C. Petersen: w2057
October 1985Social Security and Individual Welfare: Precautionary Saving, LiquidityConstraints, and the Payroll Tax
with Kenneth L. Judd: w1736
Nominal Contracting and Price Flexibility in Product Markets
with Robert J. Weiner: w1738
Price Flexibility, Credit Rationing, and Economic Fluctuations: Evidence from the U.S., 1879-1914
with Charles W. Calomiris: w1767
August 1984'Precautionary' Saving Revisited: Social Security, Individual Welfare, and the Capital Stock

Contact and additional information for this authorAll papers and publicationsWorking Papers onlyWorking Papers with publication info


National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email:

Contact Us