NBER Digest OnLine
The following summaries of NBER Working Papers have appeared in the NBER Digest.
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May 2010 Issue

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Calorie Posting in Chain Restaurants
Securitization in the 1920s
Elected Versus Appointed Policymakers
Reponses to Recycling Laws and Bottle Deposits
Vintage Capital and Creditor Protection
Modeling College Major Choices
April 2010 Issue
Full issue available as PDF
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Terms-of-Trade Gains, Tariff Changes, and Productivity Growth
The Real Effects of Financial Constraints
Altruism and Social Pressure in Charitable Giving
Growth in a Time of Debt
The Effect of WIC on Infant Health
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Household Spending Response to the 2008 Tax Rebate
Stock Market Fluctuations and Retirement Decisions
Credit Booms and Financial Instability
High Quality Schools and the Educational Achievement Gap
The Agglomeration of U.S. Ethnic Inventors
The Effect of Immigration on Productivity: Evidence from US States
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Peer Comparisons Reduce Residential Energy Use
Help with Aid Applications Raises College Attendance
Private Information about Health Risks Can Undermine Insurance Markets
Intracompany Governance and Innovation
Economic Analysis in Developing Nations: Two Studies from Kenya
Consolidation in the Health Insurance Industry Contributes Little to Rising Premiums
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Growing up in a Recession
Cognition and Economic Outcomes
How Regressive is a Price on Carbon?
Non-Instructional Expenditures Affect Graduation Rates
Grazing, Goods, and Girth
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The Refinancing Boom and the Financial Crisis
The Consumer Response to the 2007 Toy Recalls
Where You Are Sent and for How Long Influences Post-Traumatic Stress Disorder
Low Life Expectancy in the United States
The Repo Market and the Start of the Financial Crisis
International Differences in Decentralization and Productivity
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House Prices, Home Equity-based Borrowing, and the U.S. Household Leverage Crisis
Capital Market Integration and Wages
Conditional Cash Penalties in Education
Automobiles on Steroids
Medical Licensing Board Characteristics and Physician Discipline
Global Savings and Investment
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Game Theory and Major League Sports
The Global Expansion of Higher Education
Federal Life Sciences Funding and University R and D
The Geography of Venture Capital Expansion
The Roots of Protectionism in the Great Depression
World Markets for Mergers and Acquisitions
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The Professors Gender May Perpetuate the Gender Gap
Lifecycle Funds in 401(K) Plans
Effects of Introducing Kindergartens into Public Schools
Poor Working Conditions Affect Long-Term Health
Why Do Skilled Immigrants Struggle in the Labor Market?
When Are Analyst Recommendation Changes Influential?
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Corporate Debt Maturity and the Real Effects of the 2007 Credit Crisis
Five Decades of Poverty
The Investment Strategies of Sovereign Wealth Funds
The Impact of the AIDS Pandemic on Health Services in Africa
Charitable Memberships, Volunteering, and Discounts
Pollution, Health, and Avoidance Behavior
July 2009 Issue
Full issue available as PDF
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Forced Sales and House Prices
Does Simplified Disclosure Affect Individuals' Mutual Fund Choices?
The Internationalization of U.S. Doctorate Education
Why Do Foreign Firms Leave U.S. Equity Markets?
The Cost of Low Fertility in Europe
Disclosure and the Cost of Capital
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Did Vietnam Veterans Get Sicker in the 1990s?
Depression Babies and Risk-Taking
Teaching the Tax Code
The Governance and Performance of Research Universities
Central Bank Policies Are More Transparent
Foreign Ownership and Firm Performance
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The Effect of a Gasoline Tax on Carbon Emissions
Coverage under Medicare Part D
A Tale of Two Islands
Are Health Insurance Markets Competitive?
Long-Run Effects of Unions on Firms
Social Security, Retirement, and Youth Employment
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Who Bears Aggregate Fluctuations and How?
The Internet, Wages, and Consumer Welfare
Immigration and Wage Inequality
Regulation of Pollution Sources
The Euro, Wages, and Prices
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Did the 2008 Tax Rebates Stimulate Spending?
Explaining the Credit Crunch
Do Private Equity Firms "Create Value"?
What Happened to the Airline Industry?
Understanding Crude Oil Prices
Exchange Rates and Prices
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Which CEO Characteristics and Abilities Matter?
American Jobs and the Rise of Service Outsourcing to China and India
The Prevalence and Effects of Occupational Licensing
Understanding International Price Differences Using Barcode Data
Currency Crises and Sudden Stops
Air Pollution and Infant Health
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Domestic Debt Helps to Explain External Defaults
Changes in Social Security Have Affected Retirement
Benefits of New Pharmaceuticals Significantly Exceed their Costs
Welfare Reform Has Led to More Work but Less Education
Healthy, Wealthy, and Wise
Taller Folks Earn More
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Climate Change and Economic Growth over The Last Half Century
The Causes of Rising Income Inequality
Gasoline Prices Affect Fuel Economy
Understanding Fertility within Developed Nations
Happiness Is More Evenly Distributed Among Americans
Gold Standard Does Not Always Bring Credibility
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Public Pensions are Underfunded
The Unequal Geographic Burden of Federal Taxation
Having Good Teeth Can Pay Off
Capital Inflows and Reserve Accumulation
Latin American Industrialization after 1870
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Housing Busts May Lower Household Mobility
Total Compensation Reflects Growth in Productivity
The Federal Student Aid Process is Not Efficient
Hours Spent in Homemaking Have Changed Little This Century
How Costly is Diversity?
Reforming Social Security With Progressive Personal Accounts
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The Link Between Foreclosures and House Prices
Understanding Bank Runs
Derivatives Markets for Home Prices
Unemployment Insurance Provides Needed Liquidity
What Drives Retail Price Movements?
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Medicare Part D Saves Money for Many Participants
Why do Foreigners Invest in the United States?
Gender Differences: The Role of Institutions
Macroeconomic Crises Since 1870
A Black Swan In The Money Market
Mentoring Reduces Turnover Among Teachers in New York City
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School Ties and Mutual Fund Success
The Increasing Prevalence of Obesity
Tax Effects on Foreign Portfolio Investment
A Theory of Military Dictatorships
Exchange Rates Can Forecast Commodity Prices
Capital Account Liberalization, Real Wages, and Productivity
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Origins of the Current Mortgage Problems
Is a Listing on the NYSE Less Attractive?
The Impact of Childhood Lead Exposure on Adult Crime
Do Professional Currency Managers Beat the Benchmark?
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Do Assassinations Change History?
401(k) Plans, Lifetime Earnings, and Wealth at Retirement
Tax Increases Reduce GDP
Does Globalization Weaken Monetary Policy?
Stocks Rise Around Earnings Announcements
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When Taxpayers Ignore Less Visible Taxes
The Rise and Fall of the College Graduate Wage Premium
Higher U.S. Investment Yields Won't Allow Continued Large U.S. Current Account Deficit
Parents Respond to School Performance Fact Sheets
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Is the U.S. Population Behaving Healthier?
Cable Television Raises Womens Status in India
Why Supbprime Auto Loans Default
Exchange Controls And International Trade
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Anti-Depressants Reduce Suicide
Why is the Developed World Obese?
The Changing Nature of Marriage and Divorce
Hidden Taxes Are Easier to Raise
Higher Health Spending Saves Lives
Did Bankruptcy Reform Increase Financial Distress?
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Who Benefits from Inflation Targeting?
Current Account Surpluses And The Correction Of Global Imbalances
Ranking Affects the Financial Resources of Public Colleges
Europe's Lagging Service Sector
Measuring Happiness and Satisfaction
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Public Insurance Expansions Crowd Out Private Health Insurance
Teacher Credentials Don't Matter for Student Achievement
Treasury Debt and Corporate Bond Rates
Distributional Effects of Globalization in Developing Countries
Who Blows the Whistle on Corporate Fraud?
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What Drives the Political Slant of Daily Newspapers?
The Effect of Congressional Majorities on Financial Variables
The Declining Gain from International Portfolio Diversification
The Return to Capital in China
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TV Appearance and Electoral Success
The Impact of Terrorism on the Office Real Estate Market
Teacher Incentives and Student Performance
Drug Co-Payments Increase Hospital Outpatient Spending
Welfare Recipients Respond to Complex Incentives
Has Globalization Changed Inflation?
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No Child Left Behind Rules Raise Student Performance
Effects of Immigration on African-American Employment and Incarceration
Cigarette Regulations Reduce Cases of Sudden Infant Death Syndrome
Simplification Raises Saving Rates
Higher Tax Rates Reduce Working Hours In OECD Countries
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Retirement Saving Versus Mortgage Paydowns
What Makes Foreign Firms Attractive to U.S. Investors?
Tax Incentives Raised Business Investment
Changing Business Volatility
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Why Do House Prices Rise Faster in Some Cities?
The Effects of Education on Health
Globalization And Poverty
Cost Effects of Integrating Diagnosis and Treatment
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The Impact of the Euro and Prospects for the Dollar
Where Did All the Leisure Go?
Would Higher Salaries Keep Teachers in High-Poverty Schools?
New Evidence on Gender Differences in Promotions and Pay
Spreading the Gains from Immigration
Why Some Diplomats Park Illegally
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Why Do Women Outnumber Men in College?
Does Child Abuse Cause Crime?
Global Diversification Through Multinational Shares
Police Pay and Performance
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Are Elite Universities Losing Their Competitive Edge?
Abortion and Selection
The Impact of Foreign Students on the Earnings of Doctorates
Intensive Care Reduces Disability after Cardiovascular Disease
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International Capital Flows Alter U.S. Interest Rates
Black-White Test Scores: Neighborhoods, Not Schools, Matter Most
New Laboratory Procedures Increase Life Expectancy
The Career Effects Of Graduating In A Recession
Will Super-High Chinese Growth Continue?
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Media Bias and Voting
Electoral Outcomes and Financial Markets
The Evolution of Top Incomes
A Healthy Economy Can Break Your Heart
The Allies, Spain, And Oil In World War II
Generous Benefits Raise Long-Term Unemployment
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Improved Neighborhoods Don't Raise Academic Achievement
Teacher-Student Matching Increases Teacher Effectiveness
Incentives to R&D Directors Improve Corporate R&D Performance
No Decline in Long-Term Employment
Intangible Capital and Economic Growth
The Value of Stock Options to Non-Executive Employees
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Inflation Dynamics and the Distribution of Income
TV, Fast Foods, and Childhood Obesity
A Field Experiment in the Consumer Credit Market
The Earned Income Tax Credit Raises Employment
Macroeconomic Derivatives
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Do Mutual Fund Investors Care About Fees?
Why High Earners Work Longer Hours
Comparing Government Healthcare Costs in Ten OECD Countries
The Law and Economics of Self-Dealing
June 2006 Issue
Full issue available as PDF
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Canada's Universal Childcare Hurt Children and Families
Megan's Law Hits Local Property Prices
The Safety and Efficacy of the FDA
Why Poverty Persists
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Economic Progress of Immigrants
Unhappiness after Hurricane Katrina
Teachers and the Gender Gaps in Student Achievement
Matching Incentives Raise Saving
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Medicare and Its Impact
Is There a Housing Buble?
Economic Explanations of Increased Obesity
The Effects of Communism on Popular Preferences
What Undermines Aid's Impact on Growth?
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How Daughters Affect Their Legislator Fathers' Voting on Women's Issues
America's Unsustainable Current Account Deficit
Do Macro Variables, Asset Markets, Or Surveys Forecast Inflation Better?
What Do Parents Value in Education?
Service Offshoring Raises U.S. Productivity
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How Do House Prices Affect Consumption?
Do Women Shy Away From Competition?
Do Medicare Report Cards Tell Consumers Anything They Don't Already Know?
Are Durable Goods Consumers Forward Looking?
Mutual Fund Switching Lowers Investors' Returns
No Evidence that Aid Stimulates Growth
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"Acting White"
The Costs of International Capital Controls
Why South African Incomes Declined
The Happiness of Nations
Bank Supervision and Corruption in Lending
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Is China Mercantilist?
The Effect of Brown v. Board of Education on Blacks' Earnings
The Mexican Workforce in the United States
Social Security and Early Retirement
Great Inventions Come Later in Life
The Value of Health and Longevity