Archive of New National Bureau of Economic Research Working Papers and Books
New This Week Archive
NBER Working Papers released in the past, by week.Week of Dec 20, 2010 - Dec 27, 2010
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Trading and Liquidity with Limited Cognition
Bruno Biais, Johan Hombert, and Pierre-Olivier Weill #16628 (AP)
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Green Clubs
Klaas van 't Veld and Matthew J. Kotchen #16627 (EEE PE)
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Evaluating the Effectiveness of National Labor Relations Act Remedies: Analysis and Comparison with Other Workplace Penalty Policies
Morris M. Kleiner and David Weil #16626 (LS)
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Where There's Smoking, There's Fire: The Effects of Smoking Policies on the Incidence of Fires in the United States.
Sara Markowitz #16625 (HE LE)
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Committing to Exercise: Contract Design for Virtuous Habit Formation
Jeremy D. Goldhaber-Fiebert, Erik Blumenkranz, and Alan M. Garber #16624 (AG HC HE)
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AGOA Rules: The Intended and Unintended Consequences of Special Fabric Provisions
Lawrence Edwards and Robert Z. Lawrence #16623 (ITI)
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The Real and Financial Implications of Corporate Hedging
Murillo Campello, Chen Lin, Yue Ma, and Hong Zou #16622 (CF)
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Peronist Beliefs and Interventionist Policies
Rafael Di Tella and Juan Dubra #16621 (POL)
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A Behavioral Model of Demandable Deposits and its Implications for Financial Regulation
Julio J. Rotemberg #16620 (CF EFG ME)
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Preference Heterogeneity and Optimal Capital Income Taxation
Mikhail Golosov, Maxim Troshkin, Aleh Tsyvinski, and Matthew Weinzierl #16619 (EFG PE)
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Macroeconomics and Volatility: Data, Models, and Estimation
Jesus Fernandez-Villaverde and Juan Rubio-Ramirez #16618 (EFG)
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Retail Trade by Federal Reserve District, 1919 to 1939: A Statistical History
Haelim M. Park and Gary Richardson #16617 (DAE)
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New cellular networks in Malawi: Correlates of service rollout and network performance
Dimitrios Batzilis, Taryn Dinkelman, Emily Oster, Rebecca Thornton, and Deric Zanera #16616 (LS)
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Urban Accounting and Welfare
Klaus Desmet and Esteban Rossi-Hansberg #16615 (EFG)
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Cursed Resources? Political Conditions and Oil Market Outcomes
Gilbert E. Metcalf and Catherine Wolfram #16614 (EEE)
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The Domestic and International Effects of Interstate U.S. Banking
Fabio Ghironi and Viktors Stebunovs #16613 (IFM)
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The Role of Financial Literacy in Determining Retirement Plans
Robert Clark, Melinda Sandler Morrill, and Steven G. Allen #16612 (AG LS)
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Relocating the Value Chain: Offshoring and Agglomeration in the Global Economy
Richard Baldwin and Anthony Venables #16611 (ITI)
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The Determinants of Food Aid Provisions to Africa and the Developing World
Nathan Nunn and Nancy Qian #16610 (POL)
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Over The Cliff: From the Subprime to the Global Financial Crisis
Frederic S. Mishkin #16609 (EFG ME)
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The Behavioral Response to Voluntary Provision of an Environmental Public Good: Evidence from Residential Electricity Demand
Grant D. Jacobsen, Matthew J. Kotchen, and Michael P. Vandenbergh #16608 (EEE PE)
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The Maturity Rat Race
Markus K. Brunnermeier and Martin Oehmke #16607 (AP CF)
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The Economic Value of Higher Teacher Quality
Eric A. Hanushek #16606 (ED LS PE)
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Determinants of Financial Stress and Recovery during the Great Recession
Joshua Aizenman and Gurnain Kaur Pasricha #16605 (IFM ITI)
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Car Notches: Strategic Automaker Responses to Fuel Economy Policy
James M. Sallee and Joel Slemrod #16604 (EEE PE)
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Aftershocks: The Impact of Clinic Violence on Abortion Services
Mireille Jacobson and Heather Royer #16603 (CH HC HE)
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Patient Knowledge and Antibiotic Abuse:
Evidence from an Audit Study in China
Janet Currie, Wanchuan Lin, and Wei Zhang #16602 (HC HE PE)
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Betting Against Beta
Andrea Frazzini and Lasse H. Pedersen #16601 (AP)
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Unilateral Tariff Liberalisation
Richard Baldwin #16600 (ITI)
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Sustainability and the Measurement of Wealth
Kenneth J. Arrow, Partha Dasgupta, Lawrence H. Goulder, Kevin J. Mumford, and Kirsten Oleson #16599 (EEE EFG)
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Peer Quality or Input Quality?: Evidence from Trinidad and Tobago
C. Kirabo Jackson #16598 (CH ED LS PE)
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African Export Successes: Surprises, Stylized Facts, and Explanations
William Easterly and Ariell Reshef #16597 (POL)
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Baby Busts and Baby Booms: The Fertility Response to Shocks in Dynastic Models
Larry E. Jones and Alice Schoonbroodt #16596 (EFG)
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Local Versus Aggregate Lending Channels: The Effects Of Securitization On Corporate Credit Supply In Spain
Gabriel Jiménez, Atif R. Mian, José-Luis Peydró, and Jesús Saurina #16595 (CF ME)
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Health Shocks and Natural Resource Management: Evidence from Western Kenya
Joshua Graff Zivin, Maria Damon, and Harsha Thirumurthy #16594 (EEE HE)
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Accounting for Anticipation Effects: An Application to Medical Malpractice Tort Reform
Anup Malani and Julian Reif #16593 (HC HE)
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The Contribution of Human Capital to Chinaâs Economic Growth
John Whalley and Xiliang Zhao #16592 (EFG)
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Does Stock Ownership Breadth Measure Hidden Negative Information or Sentiment?
James J. Choi, Li Jin, and Hongjun Yan #16591 (AP)
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Are all Credit Default Swap Databases Equal?
Sergio Mayordomo, Juan Ignacio Peña, and Eduardo S. Schwartz #16590 (AP)
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The Global Financial Crisis of 2007-08: Is it Unprecedented?
Michael D. Bordo and John S. Landon-Lane #16589 (DAE ME)
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Capital Taxation During the U.S. Great Depression
Ellen R. McGrattan #16588 (EFG)
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Mauritius: African Success Story
Jeffrey A. Frankel #16569 (IFM)
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Teams of Rivals: Endogenous Markups in a Ricardian World
Beatriz de Blas and Katheryn Russ #16587 (ITI)
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The Inefficiency of Refinancing: Why Prepayment Penalties Are Good for Risky Borrowers
Christopher J. Mayer, Tomasz Piskorski, and Alexei Tchistyi #16586 (AP PE)
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CEO Compensation
Carola Frydman and Dirk Jenter #16585 (CF LS)
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Scarring and Mortality Selection Among Civil War POWs: A Long-Term Mortality, Morbidity and Socioeconomic Follow-Up
Dora L. Costa #16584 (AG DAE)
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The European Union, the Euro, and Equity Market Integration
Geert Bekaert, Campbell R. Harvey, Christian T. Lundblad, and Stephan Siegel #16583 (AP IFM)
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The Mommy Track Divides: The Impact of Childbearing on Wages of Women of Differing Skill Levels
Elizabeth Ty Wilde, Lily Batchelder, and David T. Ellwood #16582 (LS)
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Networks and Workouts: Treatment Size and Status Specific Peer Effects in a Randomized Field Experiment
Philip S. Babcock and John L. Hartman #16581 (ED HE)
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Why Have Economic Reforms in Mexico Not Generated Growth?
Timothy J. Kehoe and Kim J. Ruhl #16580 (EFG IFM ITI)
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Estimating the Cream Skimming Effect of School Choice
Joseph G. Altonji, Ching-I Huang, and Christopher R. Taber #16579 (CH ED LS PE)
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Beware of Unawareness: Racial/Ethnic Disparities in Awareness of Chronic Diseases
Pinka Chatterji, Heesoo Joo, and Kajal Lahiri #16578 (HE)
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The Increase in Income Cyclicality of High-Income Households and its Relation to the Rise in Top Income Shares
Jonathan A. Parker and Annette Vissing-Jorgensen #16577 (AP CF EFG IFM LS ME PE)
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The Gravity Model
James E. Anderson #16576 (ITI)
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The Regional Distribution of Skill Premia in Urban China
John Whalley and Chunbing Xing #16575 (ED LS)
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The Vote is Cast: The Effect of Corporate Governance on Shareholder Value
Vicente Cuñat, Mireia Gine, and Maria Guadalupe #16574 (CF LS)
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Innovation and Foreign Ownership
Maria Guadalupe, Olga Kuzmina, and Catherine Thomas #16573 (IO ITI LS PR)
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Classification, Detection and Consequences of Data Error: Evidence from the Human Development Index
Hendrik Wolff, Howard Chong, and Maximilian Auffhammer #16572 (HE POL)
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Production Chains
David K. Levine #16571 (EFG)
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Height as a Proxy for Cognitive and Non-Cognitive Ability
Andreas Schick and Richard H. Steckel #16570 (DAE LS)
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Valuing Identity
Roland G. Fryer, Jr. and Glenn Loury #16568 (LE LS PE)
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Financial Crises, Credit Booms, and External Imbalances: 140 Years of Lessons
Óscar Jordà, Moritz Schularick, and Alan M. Taylor #16567 (DAE IFM ME)
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ExtrapoLATE-ing: External Validity and Overidentification in the LATE Framework
Joshua Angrist and Ivan Fernandez-Val #16566 (CH ED HE LS PE)
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Income Uncertainty and Household Savings in China
Marcos Chamon, Kai Liu, and Eswar S. Prasad #16565 (IFM)
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Exclusionary Minimum Resale Price Maintenance
John Asker and Heski Bar-Isaac #16564 (IO)
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World Food Prices and Monetary Policy
Luis Catão and Roberto Chang #16563 (IFM)
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Theories of Heterogeneous Firms and Trade
Stephen J. Redding #16562 (ITI)
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In Search of the Multiplier for Federal Spending in the States During the New Deal
Price V. Fishback and Valentina Kachanovskaya #16561 (DAE)
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Battles Among Licensed Occupations: Analyzing Government Regulations on Labor Market Outcomes for Dentists and Hygienists
Morris M. Kleiner and Kyoung Won Park #16560 (LS)
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Crisis "Shock Factors" and the Cross-Section of Global Equity Returns
Charles W. Calomiris, Inessa Love, and Maria Soledad Martinez Peria #16559 (AP CF IFM)
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Shareholder Democracy in Canada
Randall Morck #16558 (CF)
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Firm Heterogeneity and Costly Trade: A New Estimation Strategy and Policy Experiments
Ivan Cherkashin, Svetlana Demidova, Hiau Looi Kee, and Kala Krishna #16557 (ITI)
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Marketplace Institutions Related to the Timing of Transactions
Alvin E. Roth #16556 (LS)
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A Revealed Preference Approach to Measuring Hunger and Undernutrition
Robert T. Jensen and Nolan H. Miller #16555 (AG HC)
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Policies To Promote Growth and Economic Efficiency in Mexico
Javier Arias, Oliver Azuara, Pedro Bernal, James J. Heckman, and Cajeme Villarreal #16554 (CH LS)
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Size Anomalies in U.S. Bank Stock Returns: A Fiscal Explanation
Priyank Gandhi and Hanno Lustig #16553 (AP CF PE)
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Cape Verde and Mozambique as Development Successes in West and Southern Africa
Jorge Braga de Macedo and Luís Brites Pereira #16552 (IFM)
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Property Rights and Financial Development: The Legacy of Japanese Colonial Institutions
Dongwoo Yoo and Richard H. Steckel #16551 (DAE LE)
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China's Foreign Trade: Perspectives From the Past 150 Years
Wolfgang Keller, Ben Li, and Carol H. Shiue #16550 (DAE ITI POL)
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An Empirical Analysis of the Swaption Cube
Anders B. Trolle and Eduardo S. Schwartz #16549 (AP)
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A Note on Detecting Learning by Exporting
Jan De Loecker #16548 (ITI PR)
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Toward an understanding of the relative strengths of positive and negative reciprocity
Omar Al-Ubaydli, Uri Gneezy, Min Sok Lee, and John A. List #16547 (LS)
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Do Competitive Work Places Deter Female Workers? A Large-Scale Natural Field Experiment on Gender Differences in Job-Entry Decisions
Jeffrey A. Flory, Andreas Leibbrandt, and John A. List #16546 (LS)
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Taxation and International Migration of Superstars: Evidence from the European Football Market
Henrik Kleven, Camille Landais, and Emmanuel Saez #16545 (LS PE)
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Workplace Concentration of Immigrants
Fredrik Andersson, Mónica García-Pérez, John C. Haltiwanger, Kristin McCue, and Seth Sanders #16544 (EFG LS PR)
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Induction and Evolution in the Origin of Inventions: Evidence from Smoking Cessation Products
Seth H. Werfel and Adam B. Jaffe #16543 (PR)
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Embezzlement Versus Bribery
C. Simon Fan, Chen Lin, and Daniel Treisman #16542 (PE POL)
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The Effect of Uncertainty on Investment: Evidence from Texas Oil Drilling
Ryan Kellogg #16541 (EEE EFG IO)
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Analyzing Compensation Methods in Manufacturing: Piece Rates, Time Rates, or Gain-Sharing?
Susan Helper, Morris M. Kleiner, and Yingchun Wang #16540 (LS PR)
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De facto Fiscal Space and Fiscal Stimulus: Definition and Assessment
Joshua Aizenman and Yothin Jinjarak #16539 (ITI)
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How Do Energy Prices, and Labor and Environmental Regulations Affect Local Manufacturing Employment Dynamics? A Regression Discontinuity Approach
Matthew E. Kahn and Erin T. Mansur #16538 (EEE IO)
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Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts
Olivier Coibion and Yuriy Gorodnichenko #16537 (EFG IFM ME)
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Interstate Migration Has Fallen Less Than You Think: Consequences of Hot Deck Imputation in the Current Population Survey
Greg Kaplan and Sam Schulhofer-Wohl #16536 (EFG LS)
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Looking for Local Labor Market Effects of NAFTA
John McLaren and Shushanik Hakobyan #16535 (ITI)
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What Does Equity Sector Orderflow Tell Us about the Economy?
Alessandro Beber, Michael W. Brandt, and Kenneth A. Kavajecz #16534 (AP)
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The Contribution of the Minimum Wage to U.S. Wage Inequality over Three Decades: A Reassessment
David H. Autor, Alan Manning, and Christopher L. Smith #16533 (LS)
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Estimating Turning Points Using Large Data Sets
James H. Stock and Mark W. Watson #16532 (EFG ME)
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Does Home Owning Smooth the Variability of Future Housing Consumption?
Andrew Paciorek and Todd M. Sinai #16531 (AP EFG PE)
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Of Candidates and Character
B. Douglas Bernheim and Navin Kartik #16530 (PE POL)
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Accelerating Energy Innovation: Insights from Multiple Sectors
Rebecca Henderson and Richard G. Newell #16529 (EEE PR)
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What Hinders Investment in the Aftermath of Financial Crises: Insolvent Firms or Illiquid Banks?
Sebnem Kalemli-Ozcan, Herman Kamil, and Carolina Villegas-Sanchez #16528 (EFG IFM ITI)
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Are Household Surveys Like Tax Forms: Evidence from Income Underreporting of the Self Employed
Erik Hurst, Geng Li, and Benjamin Pugsley #16527 ( EFG LS PE)
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Optimal Unemployment Insurance over the Business Cycle
Camille Landais, Pascal Michaillat, and Emmanuel Saez #16526 ( EFG PE)
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For Better or for Worse, But How About a Recession?
Jeremy Arkes and Yu-Chu Shen #16525 ( LS)
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Worker Absence and Productivity: Evidence from Teaching
Mariesa A. Herrmann and Jonah E. Rockoff #16524 ( ED LS)
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Does Menstruation Explain Gender Gaps in Work Absenteeism?
Jonah E. Rockoff and Mariesa A. Herrmann #16523 ( LS)
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Animal Spirits, Persistent Unemployment and the Belief Function
Roger E.A. Farmer #16522 ( EFG ME)
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The Effects of Government-Sponsored Venture Capital: International Evidence
James A. Brander, Qianqian Du, and Thomas F. Hellmann #16521 ( CF)
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Do Product Market Regulations in Upstream Sectors Curb Productivity Growth? Panel Data Evidence for OECD Countries
Renaud Bourlès, Gilbert Cette, Jimmy Lopez, Jacques Mairesse, and Giuseppe Nicoletti #16520 ( PR)
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Efficiency Advantages of Grandfathering in Rights-Based Fisheries Management
Terry L. Anderson, Ragnar Arnason, and Gary D. Libecap #16519 (DAE EEE)
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Is Poor Fitness Contagious? Evidence from Randomly Assigned Friends
Scott E. Carrell, Mark Hoekstra, and James E. West #16518 (ED HE LS PE)
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Terms of Endearment: An Equilibrium Model of Sex and Matching
Peter Arcidiacono, Andrew W. Beauchamp, and Marjorie B. McElroy #16517 (CH HE LS)
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Cascades in Networks and Aggregate Volatility
Daron Acemoglu, Asuman Ozdaglar, and Alireza Tahbaz-Salehi #16516 (IO)
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How Much Do Educational Outcomes Matter in OECD Countries?
Eric A. Hanushek and Ludger Woessmann #16515 (ED EFG LS PE)
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Liquidity Traps: An Interest-Rate-Based Exit Strategy
Stephanie Schmitt-Grohé and Martín Uribe #16514 (EFG ME)
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Economical Crime Control
Philip J. Cook and Jens Ludwig #16513 (LE)
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The Economics of Cultural Transmission and Socialization
Alberto Bisin and Thierry Verdier #16512 (POL)
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Growth Through Heterogeneous Innovations
Ufuk Akcigit and William R. Kerr #16443 (EFG PR)
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Empirical Models of Consumer Behavior
Aviv Nevo #16511 (IO LS PR)
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Monetary Science, Fiscal Alchemy
Eric M. Leeper #16510 (EFG)
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The Redistributive Effects of Political Reservation for Minorities: Evidence from India
Aimee Chin and Nishith Prakash #16509 ( PE POL)
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Identifying Sibling Influence on Teenage Substance Use
Joseph G. Altonji, Sarah Cattan, and Iain Ware #16508 (CH HE LS)
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Supply Responses to Digital Distribution: Recorded Music and Live Performances
Julie Holland Mortimer, Chris Nosko, and Alan Sorensen #16507 (IO)
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Effects of Product Availability: Experimental Evidence
Christopher T. Conlon and Julie Holland Mortimer #16506 (IO)
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What the Government Purchases Multiplier Actually Multiplied in the 2009 Stimulus Package
John F. Cogan and John B. Taylor #16505 (EFG IFM ME)
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The State of the Safety Net in the Post-Welfare Reform Era
Marianne Bitler and Hilary W. Hoynes #16504 (CH LS PE)
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Policy Effects in Hyperbolic vs. Exponential Models of Consumption and Retirement
Alan L. Gustman and Thomas L. Steinmeier #16503 (AG LS PE)
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Don't Spread Yourself Too Thin: The Impact of Task Juggling on Workers' Speed of Job Completion
Decio Coviello, Andrea Ichino, and Nicola Persico #16502 (LE LS)
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The Growth in Social Security Benefits Among the Retirement Age Population from Increases in the Cap on Covered Earnings
Alan L. Gustman, Thomas Steinmeier, and Nahid Tabatabai #16501 (AG LS PE)
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Financial Knowledge and Financial Literacy at the Household Level
Alan L. Gustman, Thomas L. Steinmeier, and Nahid Tabatabai #16500 (AG LS PE)
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Measuring the Effects of Segregation in the Presence of Social Spillovers: A Nonparametric Approach
Bryan S. Graham, Guido W. Imbens, and Geert Ridder #16499 (CH ED LS TWP)
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Dynamic Labor Demand in China: Public and Private Objectives
Russell Cooper, Guan Gong, and Ping Yan #16498 (EFG)
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Snow and Leverage
Xavier Giroud, Holger M. Mueller, Alex Stomper, and Arne Westerkamp #16497 (CF)
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The Benefits of Breastfeeding Across the Early Years of Childhood
Clive R. Belfield and Inas Rashad Kelly #16496 (HE)
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Inflation and the Fiscal Limit
Troy Davig, Eric M. Leeper, and Todd B. Walker #16495 (EFG)
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Productivity Growth and the Regional Dynamics of Antebellum Southern Development
Alan L. Olmstead and Paul W. Rhode #16494 (DAE)
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Counter-Suicide-Terrorism: Evidence from House Demolitions
Efraim Benmelech, Claude Berrebi, and Esteban Klor #16493 (LE LS POL)
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Composition of Capital Flows: A Survey
Koralai Kirabaeva and Assaf Razin #16492 (IFM)
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Currency Carry Trades
Travis J. Berge, Òscar Jordà, and Alan M. Taylor #16491 (AP IFM)
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Agency Problems and the Fate of Capitalism
Randall Morck and Bernard Yeung #16490 (CF)
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Do People Seek to Maximize Happiness? Evidence from New Surveys
Daniel J. Benjamin, Ori Heffetz, Miles S. Kimball, and Alex Rees-Jones #16489 (AG PE)
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Modeling Inflation After the Crisis
James H. Stock and Mark W. Watson #16488 (EFG ME)
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Railroads of the Raj: Estimating the Impact of Transportation Infrastructure
Dave Donaldson #16487 (EFG ITI PR)
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What Are the Costs of Meeting Distributional Objectives for Climate Policy?
Ian W.H. Parry and Roberton C. Williams III #16486 (EEE PE)
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Endogenous Information Flows and the Clustering of Announcements
Viral V. Acharya, Peter M. DeMarzo, and Ilan Kremer #16485 (AP CF)
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Labor Laws and Innovation
Viral V. Acharya, Ramin P. Baghai, and Krishnamurthy V. Subramanian #16484 (CF IFM LE LS)
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A Dynamic Explanation of the Willingness to Pay and Willingness to Accept Disparity
Catherine L. Kling, John A. List, and Jinhua Zhao #16483 (EEE PE)
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Carbon Prices and Automobile Greenhouse Gas Emissions: The Extensive and Intensive Margins
Christopher R. Knittel and Ryan Sandler #16482 (EEE)
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The Decline and Rise of Agricultural Productivity in Sub-Saharan Africa Since 1961
Steven Block #16481 (PR)
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Lead, Mortality, and Productivity
Karen Clay, Werner Troesken, and Michael R. Haines #16480 (DAE)
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How Big (Small?) are Fiscal Multipliers?
Ethan Ilzetzki, Enrique G. Mendoza, and Carlos A. Végh #16479 (IFM)
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Fiscal fragility: what the past may say about the future
Joshua Aizenman and Gurnain Kaur Pasricha #16478 (IFM ME)
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U.S. Monetary and Fiscal Policy in the 1930s
Price V. Fishback #16477 (DAE)
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Institutional Requirements for Effective Imposition of Fines
Anne Morrison Piehl and Geoffrey Williams #16476 (LE)
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Can Militants Use Violence to Win Public Support? Evidence from the Second Intifada
David A. Jaeger, Esteban F. Klor, Sami H. Miaari, and M. Daniele Paserman #16475 (PE POL)
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Estimating Marginal Returns to Education
Pedro Carneiro, James J. Heckman, and Edward J. Vytlacil #16474 (ED)
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Do Entry Regulations Deter Entrepreneurship and Job Creation? Evidence from Recent Reforms in Portugal
Lee G. Branstetter, Francisco Lima, Lowell J. Taylor, and Ana Venâncio #16473 (ITI PR)
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International Migration and Human Rights
Gordon H. Hanson #16472 (ITI)
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Birth Rates and Border Crossings: Latin American Migration to the US, Canada, Spain, and the UK
Gordon H. Hanson #16471 (ITI)
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Why Isn't Mexico Rich?
Gordon H. Hanson #16470 (ITI)
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On the Correlation Structure of Microstructure Noise: A Financial Economic Approach
Francis X. Diebold and Georg Strasser #16469 (AP EFG IFM)
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Noise as Information for Illiquidity
Xing Hu, Jun Pan, and Jiang Wang #16468 (AP)
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The Medical Care Costs of Obesity: An Instrumental Variables Approach
John Cawley and Chad Meyerhoefer #16467 (AG HC HE PE)
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The Taxation of Fuel Economy
James Sallee #16466 (EEE PE)
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Bend It Like Beckham: Ethnic Identity and Integration
Alberto Bisin, Eleonora Patacchini, Thierry Verdier, and Yves Zenou #16465 (POL)
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Stock Market Expectations of Dutch Households
Michael D. Hurd, Maarten van Rooij, and Joachim Winter #16464 (AG)
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The Impact of College Education on Geographic Mobility: Identifying Education Using Multiple Components of Vietnam Draft Risk
Ofer Malamud and Abigail K. Wozniak #16463 (ED LS)
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Government, Openness and Finance: Past and Present
Panicos O. Demetriades and Peter L. Rousseau #16462 (DAE)
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Understanding Transitory Rainfall Shocks, Economic Growth and Civil Conflict
Edward Miguel and Shanker Satyanath #16461 (EEE POL)
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Arresting Banking Panics: Fed Liquidity Provision and the Forgotten Panic of 1929
Mark Carlson, Kris James Mitchener, and Gary Richardson #16460 (DAE ME)
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Globalization, Technology, and the Skill Premium: A Quantitative Analysis
Ariel Burstein and Jonathan Vogel #16459 (ITI)
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How Does the U.S. Government Finance Fiscal Shocks?
Antje Berndt, Hanno Lustig, and Sevin Yeltekin #16458 (AP EFG ME)
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Estimation and Evaluation of Conditional Asset Pricing Models
Stefan Nagel and Kenneth J. Singleton #16457 (AP)
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Portfolio Allocation for Public Pension Funds
George Pennacchi and Mahdi Rastad #16456 (PE)
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On the Timing and Pricing of Dividends
Jules H. van Binsbergen, Michael W. Brandt, and Ralph S.J. Koijen #16455 (AP)
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Decoding Inside Information
Lauren Cohen, Christopher Malloy, and Lukasz Pomorski #16454 (AP)
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Policy Options for State Pension Systems and Their Impact on Plan Liabilities
Joshua Rauh and Robert Novy-Marx #16453 (PE)
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Financial Literacy, Schooling, and Wealth Accumulation
Jere R. Behrman, Olivia S. Mitchell, Cindy Soo, and David Bravo #16452 (AG)
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Preventing a National Debt Explosion
Martin S. Feldstein #16451 (EFG PE)
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The Funding Status of Retiree Health Plans in the Public Sector
Robert Clark and Melinda S. Morrill #16450 (HE PE)
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You've Earned It: Combining Field and Lab Experiments to Estimate the Impact of Human Capital on Social Preferences
Pamela Jakiela, Edward Miguel, and Vera L. te Velde #16449 (ED POL)
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Detecting Discrimination in Audit and Correspondence Studies
David Neumark #16448 (LS)
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From the Great Moderation to the global crisis: Exchange market pressure in the 2000s
Joshua Aizenman, Jaewoo Lee, and Vladyslav Sushko #16447 (IFM ITI)
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Chinese Firm and Industry Reactions to Antidumping Initiations and Measures
Chunding Li and John Whalley #16446 (ITI)
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An International Comparison of Capital Structure and Debt Maturity Choices
Joseph P.H. Fan, Sheridan Titman, and Garry Twite #16445 (CF)
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Child-Adoption Matching: Preferences for Gender and Race
Mariagiovanna Baccara, Allan Collard-Wexler, Leonardo Felli, and Leeat Yariv #16444 (IO)
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Public Pension Funding in Practice
Alicia H. Munnell, Jean-Pierre Aubry, and Laura Quinby #16442 (AG PE POL)
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Subjective Well-Being, Income, Economic Development and Growth
Daniel W. Sacks, Betsey Stevenson, and Justin Wolfers #16441 (EFG LE LS POL)
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Climate and Civil War: Is the Relationship Robust?
Marshall Burke, John Dykema, David Lobell, Edward Miguel, and Shanker Satyanath #16440 (EEE POL)
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Immigration, Offshoring and American Jobs
Gianmarco I.P. Ottaviano, Giovanni Peri, and Greg C. Wright #16439 (ITI LS)
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Estimating Dynamic Discrete Choice Models with Hyperbolic Discounting, with an Application to Mammography Decisions
Hanming Fang and Yang Wang #16438 (HC HE IO PE)
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Friends in High Places
Lauren Cohen and Christopher Malloy #16437 (AP CF POL)
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The Gender Gap Cracks Under Pressure: A Detailed Look at Male and Female Performance Differences During Competitions
Christopher Cotton, Frank McIntyre, and Joseph Price #16436 (LS)
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Demography and Population Loss from Central Cities, 1950-2000
Leah Platt Boustan and Allison Shertzer #16435 (DAE)
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School Desegregation and Urban Change: Evidence from City Boundaries
Leah Platt Boustan #16434 (DAE ED)
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Making Savers Winners: An Overview of Prize-Linked Savings Products
Melissa Schettini Kearney, Peter Tufano, Jonathan Guryan, and Erik Hurst #16433 (LE PE)
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The Chinese Corporate Savings Puzzle: A Firm-level Cross-country Perspective
Tamim Bayoumi, Hui Tong, and Shang-Jin Wei #16432 (IFM)
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Brand Loyalty, Generic Entry and Price Competition in Pharmaceuticals in the Quarter Century After the 1984 Waxman-Hatch Legislation
Ernst R. Berndt and Murray L. Aitken #16431 (HC IO PR)
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How Do Immigrants Spend Time?: The Process of Assimilation
Daniel S. Hamermesh and Stephen J. Trejo #16430 (LS)
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Macroeconomics after the Crisis: Time to Deal with the Pretense-of-Knowledge Syndrome
Ricardo J. Caballero #16429 (IFM)
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Financial Sector Regulation and Reforms in Emerging Markets: An Overview
Eswar S. Prasad #16428 (IFM)
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Tests of Hypotheses Arising in the Correlated Random Coefficient Model
James J. Heckman and Daniel A. Schmierer #16421 (TWP)
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Countercyclical Currency Risk Premia
Hanno Lustig, Nikolai Roussanov, and Adrien Verdelhan #16427 AP IFM)
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Give Credit Where Credit Is Due: Tracing Value Added in Global Production Chains
Robert Koopman, William Powers, Zhi Wang, and Shang-Jin Wei #16426 ITI)
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Recent Findings on Trade and Inequality
Ann Harrison, John McLaren, and Margaret S. McMillan #16425 ITI)
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The Great Diversification and its Undoing
Vasco M. Carvalho and Xavier Gabaix #16424 EFG)
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Variable Temptations and Black Mark Reputations
Christina Aperjis, Yali Miao, and Richard J. Zeckhauser #16423 LE PE)
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The Impact of Education on Health Knowledge
Duha Tore Altindag, Colin Cannonier, and Naci H. Mocan #16422 CH HE)
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A New Keynesian Perspective on the Great Recession
Peter N. Ireland #16420 ME)
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How Does the Market Use Citation Data? The Hirsch Index in Economics
Glenn Ellison #16419 ED PR)
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The Effect of Shift Structure on Performance: The Role of Fatigue for Paramedics
Tanguy Brachet, Guy David, and Reena Duseja #16418 HC HE)
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Does Health Insurance Coverage Lead to Better Health and Educational Outcomes? Evidence from Rural China
Yuyu Chen and Ginger Zhe Jin #16417 IO)
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Economics and Reality
Harald Uhlig #16416 EFG)
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Prosocial Spending and Well-Being: Cross-Cultural Evidence for a Psychological Universal
Lara B. Aknin, Christopher P. Barrington-Leigh, Elizabeth W. Dunn, John F. Helliwell, Robert Biswas-Diener, Imelda Kemeza, Paul Nyende, Claire E. Ashton-James, and Michael I. Norton #16415 PE POL)
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Evaluating the Gifted Program of an Urban School District using a Modified Regression Discontinuity Design
Billie Davis, John Engberg, Dennis N. Epple, Holger Sieg, and Ron Zimmer #16414 CH ED PE)
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Regulation Versus Taxation
Alberto F. Alesina and Francesco Passarelli #16413 POL)
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Estimating the Market-Perceived Monetary Policy Rule
James D. Hamilton, Seth Pruitt, and Scott Borger #16412 ME)
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Innovation by Entrants and Incumbents
Daron Acemoglu and Dan Vu Cao #16411 EFG IO)
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Dynamics of Information Exchange in Endogenous Social Networks
Daron Acemoglu, Kostas Bimpikis, and Asuman Ozdaglar #16410 EFG)
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Should Public Retirement Plans be Fully Funded?
Henning Bohn #16409 PE)
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Unfit for Service: The Implications of Rising Obesity for U.S. Military Recruitment
John Cawley and Johanna Catherine Maclean #16408 CH HE LS PE)
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Effects of the Financial Crisis and Great Recession on American Households
Michael D. Hurd and Susann Rohwedder #16407 AG)
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The Impact of State Tax Subsidies for Private Long-Term Care Insurance on Coverage and Medicaid Expenditures
Gopi Shah Goda #16406 AG HE PE)
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Class Size and Class Heterogeneity
Giacomo DeGiorgi, Michele Pellizzari, and William Gui Woolston #16405 ED)
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How did increased competition affect credit ratings?
Bo Becker and Todd Milbourn #16404 CF)
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The Problem of the Commons: Still Unsettled After 100 Years
Robert N. Stavins #16403 EEE)
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Monetary Policy and Stock Market Booms
Lawrence Christiano, Cosmin L. Ilut, Roberto Motto, and Massimo Rostagno #16402 EFG)
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Labor-Market Heterogeneity, Aggregation, and the Lucas Critique
Yongsung Chang, Sun-Bin Kim, and Frank Schorfheide #16401 (EFG ME)
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Financial Frictions and the Persistence of History: A Quantitative Exploration
Francisco J. Buera and Yongseok Shin #16400 (EFG)
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Theoretical Notes on Bubbles and the Current Crisis
Alberto Martin and Jaume Ventura #16399 (EFG)
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The Predictive Power of the Yield Curve across Countries and Time
Menzie D. Chinn and Kavan J. Kucko #16398 (IFM)
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Risk, Uncertainty and Monetary Policy
Geert Bekaert, Marie Hoerova, and Marco Lo Duca #16397 (AP ME)
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Inequality at Work: The Effect of Peer Salaries on Job Satisfaction
David Card, Alexandre Mas, Enrico Moretti, and Emmanuel Saez #16396 (LS PE)
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Precautionary Hoarding of Liquidity and Inter-Bank Markets: Evidence from the Sub-prime Crisis
Viral V. Acharya and Ouarda Merrouche #16395 (AP CF ME)
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Liquidity Risk of Corporate Bond Returns
Viral V. Acharya, Yakov Amihud, and Sreedhar T. Bharath #16394 (AP)
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Is Quantity Theory Still Alive?
Pedro Teles and Harald Uhlig #16393 (EFG IFM ME)
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Asset Class Diversification and Delegation of Responsibilities between Central Banks and Sovereign Wealth Funds
Joshua Aizenman and Reuven Glick #16392 (IFM ITI)
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Are All Trade Protection Policies Created Equal? Empirical Evidence for Nonequivalent Market Power Effects of Tariffs and Quotas
Bruce Blonigen, Benjamin H. Liebman, Justin R. Pierce, and Wesley W. Wilson #16391 (ITI)
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Does a Leapfrogging Growth Strategy Raise Growth Rate? Some International Evidence
Zhi Wang, Shang-Jin Wei, and Anna Wong #16390 (EFG IFM)
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The Asset Cost of Poor health
James M. Poterba, Steven F. Venti, and David A. Wise #16389 (AG)
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A 'New Trade' Theory of GATT/WTO Negotiations
Ralph Ossa #16388 (ITI)
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Salience Theory of Choice Under Risk
Pedro Bordalo, Nicola Gennaioli, and Andrei Shleifer #16387 (AP CF)
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Monetary Policy, Doubts and Asset Prices
Pierpaolo Benigno and Luigi Paciello #16386 (EFG ME)
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Index Investment and Financialization of Commodities
Ke Tang and Wei Xiong #16385 (AP ME)
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Are Central Banks' Projections Meaningful?
Jordi Galí #16384 (EFG ME)
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Implications of Middle School Behavior Problems for High School Graduation and Employment Outcomes of Young Adults: Estimation of a Recursive Model
Mustafa C. Karakus, David S. Salkever, Eric P. Slade, Nicholas Ialongo, and Elizabeth Stuart #16383 (HC)
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Identifying Provider Prejudice in Healthcare
Amitabh Chandra and Douglas O. Staiger #16382 (AG HC HE LS)
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How Does Your Kindergarten Classroom Affect Your Earnings? Evidence From Project STAR
Raj Chetty, John N. Friedman, Nathaniel Hilger, Emmanuel Saez, Diane Whitmore Schanzenbach, and Danny Yagan #16381 (CH ED LS PE)