New This Week Archive

NBER Working Papers released in the past, by week.

Week of December 21, 2009 - December 27, 2009

• Compulsory Licensing - Evidence from the Trading with the Enemy Act
  Petra Moser and Alessandra Voena #15598 (DAE, LE, PR)
  
• The Welfare State and the Skill Mix of Migration: Dynamic Policy Formation
  Assaf Razin, Efraim Sadka, and Benjarong Suwankiri #15597 (IFM)
  
• Droughts, Floods and Financial Distress in the United States
  John Landon-Lane, Hugh Rockoff, and Richard H. Steckel #15596 (DAE)
  
• Utility from Accumulation
  Louis Kaplow #15595 (PE)
  
• Upon Daedalian Wings of Paper Money: Adam Smith and the Crisis of 1772
  Hugh Rockoff #15594 (DAE)
  
• Measuring the Gains from Trade under Monopolistic Competition
  Robert C. Feenstra #15593 (ITI)
  
• Effects of Terms of Trade Gains and Tariff Changes on the Measurement of U.S. Productivity Growth
  Robert C. Feenstra, Benjamin R. Mandel, Marshall B. Reinsdorf, and Matthew J. Slaughter #15592 (ITI)
  
• Momentum Cycles and Limits to Arbitrage Evidence from Victorian England and Post-Depression US Stock Markets
  Benjamin Chabot, Eric Ghysels, and Ravi Jagannathan #15591 (AP)
  
• Pain at the Pump: The Differential Effect of Gasoline Prices on New and Used Automobile Markets
  Meghan R. Busse, Christopher R. Knittel, and Florian Zettelmeyer #15590 (EEE, IO)
  
• Is a WIC Start a Better Start? Evaluating WIC’s Impact on Infant Health Using Program Introduction
  Hilary W. Hoynes, Marianne E. Page, and Ann Huff Stevens #15589 (CH, HC, LS, PE)
  
• Risk-Adjusted Gamma Discounting
  Martin L. Weitzman #15588 (EEE)
  
• The Evolution of Ideology, Fairness and Redistribution
  Alberto F. Alesina, Guido Cozzi, and Noemi Mantovan #15587 (POL)
  
• Testing for Adverse Selection in Insurance Markets
  Alma Cohen and Peter Siegelman #15586 (LE, LS, PE)
  

Week of December 14, 2009 - December 20, 2009

• Discontinuous Behavioral Responses to Recycling Laws and Plastic Water Bottle Deposits
  W. Kip Viscusi, Joel Huber, Jason Bell, and Caroline Cecot #15585 (LE, EEE)
  
• The Great Depression Analogy
  Michael D. Bordo and Harold James #15584 (DAE, ME)
  
• Taxes and Time Allocation: Evidence from Single Women
  Alexander M. Gelber and Joshua W. Mitchell #15583 (EFG, LS, PE)
  
• Public versus Private Risk Sharing
  Dirk Krueger and Fabrizio Perri #15582 (EFG, PE)
  
• The Economics of Labor Coercion
  Daron Acemoglu and Alexander Wolitzky #15581 (LS)
  
• The Consumption Terms of Trade and Commodity Prices
  Martin Berka and Mario J. Crucini #15580 (IFM)
  
• Productivity, Welfare and Reallocation: Theory and Firm-Level Evidence
  Susanto Basu, Luigi Pascali, Fabio Schiantarelli, and Luis Serven #15579 (EFG, PR)
  
• The Monopoly of Violence: Evidence from Colombia
  Daron Acemoglu, James A. Robinson, and Rafael Santos #15578 (IFM, POL)
  
• Productivity Growth and Levels in France, Japan, the United Kingdom and the United States in the Twentieth Century
  Gilbert Cette, Yusuf Kocoglu, and Jacques Mairesse #15577 (PR)
  
• The Global Networks of Multinational Firms
  Laura Alfaro and Maggie Chen #15576 (IO, ITI)
  
• Banking System Control, Capital Allocation, and Economy Performance
  Randall Morck, M. Deniz Yavuz, and Bernard Yeung #15575 (CF)
  
• An Economic Evaluation of the War on Cancer
  Eric C. Sun, Anupam B. Jena, Darius N. Lakdawalla, Carolina M. Reyes, Tomas J. Philipson, and Dana P. Goldman #15574 (HC, HE)
  
• Employers' Preferences for Gender, Age, Height and Beauty: Direct Evidence
  Peter Kuhn and Kailing Shen #15564 (LS)
  

Week of December 6, 2009 - December 12, 2009

• Lessons from the Great American Real Estate Boom and Bust of the 1920s
  Eugene N. White #15573 (DAE)
  
• Profiting from Regulation: An Event Study of the EU Carbon Market
  James B. Bushnell, Howard Chong, and Erin T. Mansur #15572 (EEE)
  
• The Changing Landscape of Blockbuster Punitive Damages Awards
  Alison F. Del Rossi and W. Kip Viscusi #15571 (LE)
  
• Investment Shocks and Business Cycles
  Alejandro Justiniano, Giorgio E. Primiceri, and Andrea Tambalotti #15570 (EFG, ME)
  
• Creditor rights and corporate risk-taking
  Viral V. Acharya, Yakov Amihud, and Lubomir Litov #15569 (CF, LE)
  
• The Internal Governance of Firms
  Viral V. Acharya, Stewart C. Myers, and Raghuram Rajan #15568 (CF)
  
• Crisis Resolution and Bank Liquidity
  Viral V. Acharya, Hyun Song Shin, and Tanju Yorulmazer #15567 (CF)
  
• Why Have College Completion Rates Declined? An Analysis of Changing Student Preparation and Collegiate Resources
  John Bound, Michael Lovenheim, and Sarah Turner #15566 (ED, LS)
  
• Quantitative Easing: A Rationale and Some Evidence from Japan
  Volker Wieland #15565 (ME)
  
• What Ties Return Volatilities to Price Valuations and Fundamentals?
  Alexander David and Pietro Veronesi #15563 (AP)
  
• Using Inflation to Erode the U.S. Public Debt
  Joshua Aizenman and Nancy Marion #15562 (ITI)
  
• Labor Supply Heterogeneity and Macroeconomic Co-movement
  Stefano Eusepi and Bruce Preston #15561 (EFG)
  
• National Borders, Conflict and Peace
  Enrico Spolaore #15560 (POL)
  
• "Do the Right Thing:" The Effects of Moral Suasion on Cooperation
  Ernesto Dal Bó and Pedro Dal Bó #15559 (POL)
  
• Climate Variability and Water Infrastructure: Historical Experience in the Western United States
  Zeynep K. Hansen, Gary D. Libecap, and Scott E. Lowe #15558 (DAE, EEE)
  
• Distance, Trade, and Income – The 1967 to 1975 Closing of the Suez Canal as a Natural Experiment
  James Feyrer #15557 (EFG, ITI)
  
• Exports and Financial Shocks
  Mary Amiti and David E. Weinstein #15556 (IFM, ITI)
  
• Testing Theories of Scarcity Pricing in the Airline Industry
  Steven L. Puller, Anirban Sengupta, and Steven N. Wiggins #15555 (IO)
  
• Cross Sectional Facts for Macroeconomists
  Dirk Krueger, Fabrizio Perri, Luigi Pistaferri, and Giovanni L. Violante #15554 (EFG, PE)
  
• How Much Consumption Insurance Beyond Self-Insurance?
  Greg Kaplan and Giovanni L. Violante #15553 (EFG)
  
• The Real Effects of Financial Constraints: Evidence from a Financial Crisis
  Murillo Campello, John Graham, and Campbell R. Harvey #15552 (CF, IFM)
  
• A Reference Point Theory of Mergers and Acquisitions
  Malcolm Baker, Xin Pan, and Jeffrey Wurgler #15551 (CF)
  
• Do Oil Windfalls Improve Living Standards? Evidence from Brazil
  Francesco Caselli and Guy Michaels #15550 (EFG, PE, POL)
  

Week of November 30, 2009 - December 5, 2009

• Accountability and Flexibility in Public Schools: Evidence from Boston's Charters and Pilots
  Atila Abdulkadiroglu, Joshua Angrist, Susan Dynarski, Thomas J. Kane, and Parag Pathak #15549 (CH, ED, LS, PE)
  
• A Concordance Between Ten-Digit U.S. Harmonized System Codes and SIC/NAICS Product Classes and Industries
  Justin R. Pierce and Peter K. Schott #15548 (ITI)
  
• Do Working Men Rebel? Insurgency and Unemployment in Iraq and the Philippines
  Eli Berman, Joseph Felter, and Jacob N. Shapiro #15547 (LS, POL)
  
• A Formal Test of Assortative Matching in the Labor Market
  John M. Abowd, Francis Kramarz, Sébastien Pérez-Duarte, and Ian Schmutte #15546 (LS)
  
• Tractability in Incentive Contracting
  Alex Edmans and Xavier Gabaix #15545 (AP, CF, EFG, LS)
  
• The Effect of Newspaper Entry and Exit on Electoral Politics
  Matthew Gentzkow, Jesse M. Shapiro, and Michael Sinkinson #15544 (DAE, IO, POL)
  
• Voluntary Public Goods Provision, Coalition Formation, and Uncertainty
  Nicholas E. Burger and Charles D. Kolstad #15543 (EEE)
  
• How Debt Markets have Malfunctioned in the Crisis
  Arvind Krishnamurthy #15542 (AP, CF, ME)
  
• International Trade and Domestic Regulation
  Robert W. Staiger and Alan O. Sykes #15541 (ITI)
  

Week of November 23, 2009 - November 29, 2009

• Bayesian Persuasion
  Emir Kamenica and Matthew Gentzkow #15540 (IO, POL)
  
• Estimation of Treatment Effects Without an Exclusion Restriction: with an Application to the Analysis of the School Breakfast Program
  Daniel L. Millimet and Rusty Tchernis #15539 (HE)
  
• When Safe Proved Risky: Commercial Paper During the Financial Crisis of 2007-2009
  Marcin Kacperczyk and Philipp Schnabl #15538 (AP, CF)
  
• The State of Corporate Governance Research
  Lucian A. Bebchuk and Michael S. Weisbach #15537 (CF, LE)
  
• Urban Economics and Entrepreneurship
  Edward L. Glaeser, Stuart S. Rosenthal, and William C. Strange #15536 (   LS)
  
• Intended and Unintended Consequences of Prison Reform
  Richard T. Boylan and Naci H. Mocan #15535 (HE, LE)
  
• Foreign Currency Debt, Financial Crises and Economic Growth: A Long Run View
  Michael D. Bordo, Christopher M. Meissner, and David Stuckler #15534 (IFM, ME)
  
• Jump-Robust Volatility Estimation using Nearest Neighbor Truncation
  Torben G. Andersen, Dobrislav Dobrev, and Ernst Schaumburg #15533 (AP)
  
• Cash-out or flame-out! Opportunity cost and entrepreneurial strategy: Theory, and evidence from the information security industry
  Ashish Arora and Anand Nandkumar #15532 (PR)
  
• The Impact of No Child Left Behind on Student Achievement
  Thomas Dee and Brian Jacob #15531 (CH, ED, LS, PE)
  
• Endogenous Market Structure and Foreign Market Entry
  James R. Markusen and Frank Stähler #15530 (ITI)
  
• Trust and Delegation
  Stephen Brown, William Goetzmann, Bing Liang, and Christopher Schwarz #15529 (LE)
  
• Financial Choice in a Non-Ricardian Model of Trade
  Katheryn N. Russ and Diego Valderrama #15528 (ITI)
  
• Markets for Reputation: Evidence on Quality and Quantity in Academe
  Daniel S. Hamermesh and Gerard A. Pfann #15527 (LS)
  
• Taxation of Human Capital and Wage Inequality: A Cross-Country Analysis
  Fatih Guvenen, Burhanettin Kuruscu, and Serdar Ozkan #15526 (EFG, LS, PE)
  
• Current Account Fact and Fiction
  David Backus, Espen Henriksen, Frederic Lambert, and Christopher Telmer #15525 (IFM)
  
• From Great Depression to Great Credit Crisis: Similarities, Differences and Lessons
  Miguel Almunia, Agustín S. Bénétrix, Barry Eichengreen, Kevin H. O'Rourke, and Gisela Rua #15524 (DAE, IFM)
  
• Currency Carry Trade Regimes: Beyond the Fama Regression
  Richard Clarida, Josh Davis, and Niels Pedersen #15523 (IFM)
  
• Discovering One's Talent: Learning from Academic Specialization
  Ofer Malamud #15522 (ED)
  

Week of November 16, 2009 - November 22, 2009

• Immigration, Wages, and Compositional Amenities
  David Card, Christian Dustmann, and Ian Preston #15521 (LS)
  
• Agricultural Improvements and Access to Rail Transportation: The American Midwest as a Test Case, 1850-1860
  Jeremy Atack and Robert A. Margo #15520 (DAE)
  
• The Feldstein-Horioka fact
  Domenico Giannone and Michele Lenza #15519 (EFG)
  
• The Carry Trade and Fundamentals: Nothing to Fear But FEER Itself
  Òscar Jordà and Alan M. Taylor #15518 (IFM)
  
• A Mathematical Model for Estimating the Number of Health Workers Required for Universal Antiretroviral Treatment
  Till Bärnighausen, David E. Bloom, and Salal Humair #15517 (HC, HE)
  
• Global Climate Policy Architecture and Political Feasibility: Specific Formulas and Emission Targets to Attain 460 ppm CO2 Concentrations
  Valentina Bosetti and Jeffrey A. Frankel #15516 (EEE, IFM)
  
• Did Fair-Value Accounting Contribute to the Financial Crisis?
  Christian Laux and Christian Leuz #15515 (CF)
  
• Anchors Away: How Fiscal Policy Can Undermine the Taylor Principle
  Eric M. Leeper #15514 (EFG)
  
• Decentralized Trading with Private Information
  Mikhail Golosov, Guido Lorenzoni, and Aleh Tsyvinski #15513 (AP, EFG)
  
• Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870–2008
  Moritz Schularick and Alan M. Taylor #15512 (DAE, EFG, IFM, ME)
  
• Innovators: Songwriters
  David Galenson #15511 (LS)
  
• Heterogeneity in the effect of regulation on entrepreneurship and entry size
  Silvia Ardagna and Annamaria Lusardi #15510 (AG)
  
• Gravity in the Weightless Economy
  Wolfgang Keller and Stephen R. Yeaple #15509 (EFG, ITI, PR)
  
• The Level and Distribution of Global Household Wealth
  James B. Davies, Susanna Sandström, Anthony B. Shorrocks, and Edward N. Wolff #15508 (PR)
  
• The Effect of Immigration on Productivity: Evidence from US States
  Giovanni Peri #15507 (ITI, LS, PR)
  
• Risk Price Dynamics
  Jaroslav Borovička, Lars Peter Hansen, Mark Hendricks, and José A. Scheinkman #15506 (AP)
  
• On Quality Bias and Inflation Targets
  Stephanie Schmitt-Grohe and Martin Uribe #15505 (ME)
  
• An Empirical Evaluation of the Long-Run Risks Model for Asset Prices
  Ravi Bansal, Dana Kiku, and Amir Yaron #15504 (AP, CF)
  
• Competition and Quality Upgrading
  Mary Amiti and Amit K. Khandelwal #15503 (ITI)
  
• Art and Money
  William N. Goetzmann, Luc Renneboog, and Christophe Spaenjers #15502 (EFG)
  
• The Agglomeration of US Ethnic Inventors
  William Kerr #15501 (PR)
  
• Human Capital In China
  Haizheng Li, Barbara M. Fraumeni, Zhiqiang Liu, and Xiaojun Wang #15500 (LS, PR)
  
• Banking Deregulations, Financing Constraints, and Firm Entry Size
  William Kerr and Ramana Nanda #15499 (PR)
  
• Financing Constraints and Entrepreneurship
  William Kerr and Ramana Nanda #15498 (PR)
  
• Family Violence and Football: The Effect of Unexpected Emotional Cues on Violent Behavior
  David Card and Gordon Dahl #15497 (LS)
  
• By How Much Does GDP Rise if the Government Buys More Output?
  Robert E. Hall #15496 (EFG)
  
• Regulation, Allocation, and Leakage in Cap-and-Trade Markets for CO2
  James B. Bushnell and Yihsu Chen #15495 (EEE)
  
• Foreign Demand for Domestic Currency and the Optimal Rate of Inflation
  Stephanie Schmitt-Grohé and Martín Uribe #15494 (EFG, IFM, ME)
  

Week of November 9, 2009 - November 15, 2009

• Family Bonding with Universities
  Jonathan Meer and Harvey S. Rosen #15493 (PE)
  
• The Economics of Trade Agreements in the Linear Cournot Delocation Model
  Kyle Bagwell and Robert W. Staiger #15492 (ITI)
  
• Revealing Failures in the History of School Finance
  Peter H. Lindert #15491 (DAE, ED)
  
• Cross-Country Differences in Productivity: The Role of Allocation and Selection
  Eric J. Bartelsman, John C. Haltiwanger, and Stefano Scarpetta #15490 (EFG, PR)
  
• The Role of Search in University Productivity: Inside, Outside, and Interdisciplinary Dimensions
  James D. Adams and J. Roger Clemmons #15489 (PR)
  
• Trends in the Level and Distribution of Income Support
  Robert A. Moffitt and John Karl Scholz #15488 (CH, PE)
  
• A Preferred-Habitat Model of the Term Structure of Interest Rates
  Dimitri Vayanos and Jean-Luc Vila #15487 (AP, EFG, ME)
  
• Bidding for Brains: Intellectual Property Rights and the International Migration of Knowledge Workers
  Carol McAusland and Peter J. Kuhn #15486 (ITI, LS, PR)
  
• The Impact of Minimum Wage Rates on Body Weight in the United States
  David O. Meltzer and Zhuo Chen #15485 (HC, HE)
  
• Hoarding International Reserves Versus a Pigovian Tax-Cum-Subsidy Scheme: Reflections on the Deleveraging Crisis of 2008-9, and a Cost Benefit Analysis
  Joshua Aizenman #15484 (ITI)
  
• Unequal We Stand: An Empirical Analysis of Economic Inequality in the United States, 1967-2006
  Jonathan Heathcote, Fabrizio Perri, and Giovanni L. Violante #15483 (EFG)
  
• Dynamic Debt Runs
  Zhiguo He and Wei Xiong #15482 (AP, CF, ME)
  
• The Chinese Warrants Bubble
  Wei Xiong and Jialin Yu #15481 (AP, ME)
  
• Short-run Effects of Parental Job Loss on Children's Academic Achievement
  Ann Huff Stevens and Jessamyn Schaller #15480 (CH, LS)
  
• Fire Sales in a Model of Complexity
  Ricardo J. Caballero and Alp Simsek #15479 (AP, CF, EFG, IFM)
  
• Thirty Years of Currency Crises in Argentina: External Shocks or Domestic Fragility?
  Graciela Kaminsky, Amine Mati, and Nada Choueiri #15478 (IFM)
  
• Families as Roommates: Changes in U.S. Household Size from 1850 to 2000
  Alejandrina Salcedo, Todd Schoellman, and Michèle Tertilt #15477 (EFG)
  
• The Welfare Effects of Ticket Resale
  Phillip Leslie and Alan Sorensen #15476 (IO)
  
• The Global 1970s and the Echo of the Great Depression
  Alan M. Taylor #15475 (DAE, ITI, POL)
  
• The US Productivity Slowdown, the Baby Boom, and Management Quality
  James Feyrer #15474 (EFG, LS, PR)
  
• Are High Quality Schools Enough to Close the Achievement Gap? Evidence from a Social Experiment in Harlem
  Will Dobbie and Roland G. Fryer, Jr #15473 (CH, ED, LS)
  
• Mortgage Default, Foreclosure, and Bankruptcy
  Wenli Li and Michelle J. White #15472 (LE)
  
• The Rate of Return to the High/Scope Perry Preschool Program
  James J. Heckman, Seong Hyeok Moon, Rodrigo Pinto, Peter A. Savelyev, and Adam Yavitz #15471 (CH, ED)
  
• Micro, Macro, and Strategic Forces in International Trade Invoicing
  Linda S. Goldberg and Cédric Tille #15470 (IFM, ITI)
  
• Financial Literacy and Financial Sophistication Among Older Americans
  Annamaria Lusardi, Olivia S. Mitchell, and Vilsa Curto #15469 (AG)
  

Week of November 2, 2009 - November 8, 2009

• Investments in Pharmaceuticals Before and After TRIPS
  Margaret Kyle and Anita McGahan #15468 (HE, ITI, PR)
  
• Why are the 2000s so different from the 1970s? A structural interpretation of changes in the macroeconomic effects of oil prices
  Olivier J. Blanchard and Marianna Riggi #15467 (EFG, IFM)
  
• Incentives and Creativity: Evidence from the Academic Life Sciences
  Pierre Azoulay, Joshua S. Graff Zivin, and Gustavo Manso #15466 (PR)
  
• The Economic Cost of Harboring Terrorism
  Efraim Benmelech, Claude Berrebi, and Esteban F. Klor #15465 (LS, PE, POL)
  
• Identifying Government Spending Shocks: It's All in the Timing
  Valerie A. Ramey #15464 (EFG, ME)
  
• Testing the Correlated Random Coefficient Model
  James J. Heckman, Daniel A. Schmierer, and Sergio S. Urzua #15463 (TWP)
  
• Can Owning a Home Hedge the Risk of Moving?
  Todd M. Sinai and Nicholas S. Souleles #15462 (AP, EFG, ME, PE)
  
• Cheaper By the Dozen: Using Sibling Discounts at Catholic Schools to Estimate the Price Elasticity of Private School Attendance
  Susan Dynarski, Jonathan Gruber, and Danielle Li #15461 (CH, ED, PE)
  
• Breach, Remedies and Dispute Settlement in Trade Agreements
  Giovanni Maggi and Robert W. Staiger #15460 (ITI)
  
• Can Learnability Save New-Keynesian Models?
  John H. Cochrane #15459 (EFG)
  
• Paulson's Gift
  Pietro Veronesi and Luigi Zingales #15458 (AP, CF)
  
• The Demographics of Innovation and Asset Returns
  Nicolae Gârleanu, Leonid Kogan, and Stavros Panageas #15457 (AP, EFG)
  
• High-Powered Incentives in Developing Country Health Insurance: Evidence from Colombia’s Régimen Subsidiado
  Grant Miller, Diana M. Pinto, and Marcos Vera-Hernández #15456 (CH, HC, HE)
  

Week of October 26, 2009 - November 1, 2009

• Is Newer Better? Penn World Table Revisions and Their Impact on Growth Estimates
  Simon Johnson, William Larson, Chris Papageorgiou, and Arvind Subramanian #15455 (EFG, IFM)
  
• A Theory of Banks, Bonds, and the Distribution of Firm Size
  Katheryn N. Russ and Diego Valderrama #15454 (ITI)
  
• Are CEOs Expected Utility Maximizers?
  John List and Charles Mason #15453 (EEE, PE)
  
• Macro-Hedging for Commodity Exporters
  Eduardo Borensztein, Olivier Jeanne, and Damiano Sandri #15452 (IFM)
  
• The Environment and Directed Technical Change
  Daron Acemoglu, Philippe Aghion, Leonardo Bursztyn, and David Hemous #15451 (EEE, EFG, PE)
  
• Attention Allocation Over the Business Cycle
  Marcin Kacperczyk, Stijn Van Nieuwerburgh, and Laura Veldkamp #15450 (AP, EFG)
  
• Institutional Investors and Proxy Voting on Compensation Plans: The Impact of the 2003 Mutual Fund Voting Disclosure Regulation
  Martijn Cremers and Roberta Romano #15449 (CF)
  
• India Transformed? Insights from the Firm Level 1988-2005
  Laura Alfaro and Anusha Chari #15448 (CF, IFM, ITI, POL, EFG)
  
• Evidence of Regulatory Arbitrage in Cross-Border Mergers of Banks in the EU
  Santiago Carbo-Valverde, Edward J. Kane, and Francisco Rodriguez-Fernandez #15447 (CF)
  
• The Changing Selectivity of American Colleges
  Caroline M. Hoxby #15446 (ED, LS, PE)
  
• The WTO: Theory and Practice
  Kyle Bagwell and Robert W. Staiger #15445 (ITI)
  
• Delocation and Trade Agreements in Imperfectly Competitive Markets
  Kyle Bagwell and Robert W. Staiger #15444 (ITI)
  
• Breakthrough Inventions and Migrating Clusters of Innovation
  William R. Kerr #15443 (PR)
  
• International Trade, Foreign Direct Investment, and Technology Spillovers
  Wolfgang Keller #15442 (EFG, IO, ITI, PR)
  
• Unilateral Measures and Emissions Mitigation
  Shurojit Chatterji, Sayantan Ghosal, Sean Walsh, and John Whalley #15441 (EEE)
  
• The Reorganization of Inventive Activity in the United States during the Early Twentieth Century
  Naomi R. Lamoreaux, Kenneth L. Sokoloff, and Dhanoos Sutthiphisal #15440 (DAE)
  
• Long Term Effects of Minimum Legal Drinking Age Laws on Adult Alcohol Use and Driving Fatalities
  Robert Kaestner and Benjamin Yarnoff #15439 (HE)
  
• Large Changes in Fiscal Policy: Taxes Versus Spending
  Alberto F. Alesina and Silvia Ardagna #15438 (POL)
  
• Not Invented Here? Innovation in Company Towns
  Ajay K. Agrawal, Iain M. Cockburn, and Carlos Rosell #15437 (PR)
  
• Effects of Urban Sprawl on Obesity
  Zhenxiang Zhao and Robert Kaestner #15436 (HE)
  
• What the Stock Market Decline Means for the Financial Security and Retirement Choices of the Near-Retirement Population
  Alan L. Gustman, Thomas L. Steinmeier, and Nahid Tabatabai #15435 (AG, LS)
  
• Paying a Premium on Your Premium? Consolidation in the U.S. Health Insurance Industry
  Leemore Dafny, Mark Duggan, and Subramaniam Ramanarayanan #15434 (HC, IO, PE)
  

Week of October 19, 2009 - October 25, 2009

• Parametric Estimations of the World Distribution of Income
  Maxim Pinkovskiy and Xavier Sala-i-Martin #15433 (EFG, PR)
  
• Financial Globalization, Financial Crises and Contagion
  Enrique G. Mendoza and Vincenzo Quadrini #15432 (EFG, IFM)
  
• Gun Control after Heller: Litigating against Regulation
  Philip J. Cook, Jens Ludwig, and Adam Samaha #15431 (LE)
  
• An Empirical Analysis of the Gender Gap in Mathematics
  Roland G. Fryer, Jr and Steven D. Levitt #15430 (ED, LS)
  
• Investment in Energy Infrastructure and the Tax Code
  Gilbert E. Metcalf #15429 (EEE, PE)
  
• Medium Term Business Cycles in Developing Countries
  Diego A. Comin, Norman Loayza, Farooq Pasha, and Luis Serven #15428 (EFG, IFM, ITI, PR)
  
• Adaptive Consumption Behavior
  Peter Howitt and Ömer Özak #15427 (EFG)
  
• Executive Compensation: Facts
  Gian Luca Clementi and Thomas F. Cooley #15426 (CF)
  
• FINANCIAL CRISES AND LIQUIDITY SHOCKS: A Bank-Run Perspective
  Guillermo A. Calvo #15425 (IFM)
  
• Inflation targeting and private sector forecasts
  Stephen G. Cecchetti and Craig Hakkio #15424 (ME)
  
• Where Does Energy R&D Come From? Examining Crowding Out from Environmentally-Friendly R&D
  David Popp and Richard G. Newell #15423 (EEE, PR)
  
• Tobacco Regulation through Litigation: The Master Settlement Agreement
  W. Kip Viscusi and Joni Hersch #15422 (LE)
  
• Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications
  Claudia R. Sahm, Matthew D. Shapiro, and Joel B. Slemrod #15421 (EFG, ME, PE)
  
• The Economics of Open Air Markets
  John A. List #15420 (IO, PE)
  
• Are Bilateral Remittances Countercyclical?
  Jeffrey A. Frankel #15419 (IFM)
  
• One TV, One Price?
  Jean Imbs, Haroon Mumtaz, Morten O. Ravn, and Hélène Rey #15418 (IFM, IO, ITI)
  
• Culture, Policies and Labor Market Outcomes
  Francesco Giavazzi, Fabio Schiantarelli, and Michel Serafinelli #15417 (IFM, POL)
  
• Two Perspectives on Preferences and Structural Transformation
  Berthold Herrendorf, Richard Rogerson, and Ákos Valentinyi #15416 (EFG)
  

Week of October 12, 2009 - October 18, 2009

• Family Ties and Political Participation
  Alberto F. Alesina and Paola Giuliano #15415 (POL)
  
• Crises and Liquidity in Over-the-Counter Markets
  Ricardo Lagos, Guillaume Rocheteau, and Pierre-Olivier Weill #15414 (AP, EFG, ME)
  
• Traffic Congestion and Infant Health: Evidence from E-ZPass
  Janet Currie and Reed Walker #15413 (CH, EEE, HE, PE)
  
• Accidental Death and the Rule of Joint and Several Liability
  Daniel Carvell, Janet Currie, and W. Bentley MacLeod #15412 (HE, LE)
  
• Endowments, Fiscal Federalism, and the Cost of Capital for States: Evidence from Brazil, 1891-1930
  André C. Martínez Fritscher and Aldo Musacchio #15411 (DAE)
  
• Moral Hazard Matters: Measuring Relative Rates of Underinsurance Using Threshold Measures
  Jean Marie Abraham, Thomas DeLeire, and Anne Beeson Royalty #15410 (HE)
  
• The Area and Population of Cities: New Insights from a Different Perspective on Cities
  Hernán D. Rozenfeld, Diego Rybski, Xavier Gabaix, and Hernán A. Makse #15409 (EFG)
  
• Top Incomes in the Long Run of History
  Anthony B. Atkinson, Thomas Piketty, and Emmanuel Saez #15408 (DAE, LS, PE)
  
• Activist Fiscal Policy to Stabilize Economic Activity
  Alan J. Auerbach and William G. Gale #15407 (EFG, PE)
  
• Recent Trends in the Earnings of New Immigrants to the United States
  George J. Borjas and Rachel M. Friedberg #15406 (LS)
  
• Optimal taxation in the presence of bailouts
  Stavros Panageas #15405 (AP, EFG, PE)
  
• Why are we in a recession? The Financial Crisis is the Symptom not the Disease!
  Ravi Jagannathan, Mudit Kapoor, and Ernst Schaumburg #15404 (EFG)
  

Week of October 5, 2009 - October 11, 2009

• Banking Crises and the Rules of the Game
  Charles Calomiris #15403 (CF, DAE, POL)
  
• Government Advertising and Media Coverage of Corruption Scandals
  Rafael Di Tella and Ignacio Franceschelli #15402 (POL)
  
• Are Hard Pegs Ever Credible in Emerging Markets? Evidence from the Classical Gold Standard
  Kris James Mitchener and Marc D. Weidenmier #15401 (DAE, IFM)
  
• Power Fluctuations and Political Economy
  Daron Acemoglu, Mikhail Golosov, and Aleh Tsyvinski #15400 (EFG, PE, POL)
  
• Disasters Risk and Business Cycles
  François Gourio #15399 (AP, EFG, ME)
  
• Spatial Mismatch, Immigrant Networks, and Hispanic Employment in the United States
  Judith K. Hellerstein, Melissa McInerney, and David Neumark #15398 (LS)
  
• U.S. Trade Policy Since 1934: An Uneven Path Toward Greater Trade Liberalization
  Robert E. Baldwin #15397 (ITI, POL)
  
• Microinsurance, Trust and Economic Development: Evidence from a Randomized Natural Field Experiment
  Hongbin Cai, Yuyu Chen, Hanming Fang, and Li-An Zhou #15396 (PE)
  
• The Market Crash and Mass Layoffs: How the Current Economic Crisis May Affect Retirement
  Courtney Coile and Phillip B. Levine #15395 (AG, LS)
  
• When is the government spending multiplier large?
  Lawrence Christiano, Martin Eichenbaum, and Sergio Rebelo #15394 (EFG)
  
• Intellectual Property Rights, Foreign Direct Investment, and Industrial Development
  Lee Branstetter and Kamal Saggi #15393 (ITI, PR)
  
• Regulation of private health insurance markets: Lessons from enrollment, plan type choice, and adverse selection in Medicare Part D
  Florian Heiss, Daniel McFadden, and Joachim Winter #15392 (AG, HE)
  
• Son Preference and the Persistence of Culture: Evidence from Asian Immigrants to Canada
  Douglas Almond, Lena Edlund, and Kevin Milligan #15391 (CH)
  
• Music for a Song: An Empirical Look at Uniform Song Pricing and its Alternatives
  Ben Shiller and Joel Waldfogel #15390 (IO)
  

Week of September 28, 2009 - October 4, 2009

• Credit Crises, Money and Contractions: an historical view
  Michael D. Bordo and Joseph G. Haubrich #15389 (DAE, IFM)
  
• The formation of inflation expectations: an empirical analysis for the UK
  David G. Blanchflower and Conall MacCoille #15388 (ME)
  
• Into College, Out of Poverty? Policies to Increase the Postsecondary Attainment of the Poor
  David Deming and Susan Dynarski #15387 (CH, ED, LS, PE)
  
• Evidence from Two Large Field Experiments that Peer Comparison Feedback Can Reduce Residential Energy Usage
  Ian Ayres, Sophie Raseman, and Alice Shih #15386 (EEE)
  
• Evaluating Monetary Policy
  Lars E.O. Svensson #15385 (EFG, ME)
  
• Credit Default Swaps and the Credit Crisis
  René M. Stulz #15384 (CF)
  
• The Welfare Effects of Medical Malpractice Liability
  Darius N. Lakdawalla and Seth A. Seabury #15383 (HC, HE, PE)
  
• Is the Volatility of the Market Price of Risk due to Intermittent Portfolio Re-balancing?
  Yi-Li Chien, Harold L. Cole, and Hanno Lustig #15382 (AP, EFG)
  
• On the Scholes Liquidation Problem
  David B. Brown, Bruce Ian Carlin, and Miguel Sousa Lobo #15381 (AP)
  
• The Effects of School Desegregation on Crime
  David A. Weiner, Byron F. Lutz, and Jens Ludwig #15380 (CH, HE)
  
• Financial Crises and Economic Activity
  Stephen G. Cecchetti, Marion Kohler, and Christian Upper #15379 (ME)
  
• Persistence of Civil Wars
  Daron Acemoglu, Davide Ticchi, and Andrea Vindigni #15378 (POL)
  
• Clusters of Entrepreneurship
  Edward L. Glaeser, William R. Kerr, and Giacomo A.M. Ponzetto #15377 (EFG)
  
• The Fundamental Law of Road Congestion: Evidence from US cities
  Gilles Duranton and Matthew A. Turner #15376 (EEE)
  
• Methods versus Substance: Measuring the Effects of Technology Shocks on Hours
  José-Víctor Ríos-Rull, Frank Schorfheide, Cristina Fuentes-Albero, Maxym Kryshko, and Raül Santaeulàlia-Llopis #15375 (EFG, ME)
  
• Riding the Wave of Trade: Explaining the Rise of Labor Regulation in the Golden Age of Globalization
  Michael Huberman and Christopher M. Meissner #15374 (DAE)
  
• The Economic and Policy Consequences of Catastrophes
  Robert S. Pindyck and Neng Wang #15373 (EEE, EFG, PE)
  
• Measuring How Risk Tradeoffs Adjust With Income
  Mary F. Evans and V. Kerry Smith #15372 (EEE)
  
• The Impact of Tort Reform on Employer-Sponsored Health Insurance Premiums
  Ronen Avraham, Leemore S. Dafny, and Max M. Schanzenbach #15371 (HC, LE)
  
• Level versus Equivalent Intensity Carbon Mitigation Commitments
  Huifang Tian and John Whalley #15370 (EEE)
  

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