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Contents Include: Articles Hostile Takeovers in the 1980: The return to Corporate Specialization, Sanja Bhagat, Andrei Shileifer, and Robert W. Vishny The Impact of Corporate Restructuring on Industrial Research and Development, Bronwyn H. Hall R&D Cooperation and Competition, Michael L. Katz and Janusz A. Ordover Vertical Integration and Market Foreclosure, Oliver Hart and Jean Tirole The Concentration-Margins Relationship Reconsidered, Michael Salinger Capital, Labor, and Productivity, Paul M. Romer The Productivity of Capital in a Period of Slower Growth Martin Neil Baily and Charles L. Shiltze
