New This Week Archive

NBER Working Papers released in the past, by week.

Week of Dec 26, 2011 - Jan 2, 2012

• Income Inequality and Social Preferences for Redistribution and Compensation Differentials
  William R. Kerr #17701 (EFG   LS   PE   POL   PR)
  
• Catch-up Growth Followed by Stagnation: Mexico, 1950–2010
  Timothy J. Kehoe and Felipe Meza #17700 (EFG)
  
• Heteroskedasticity-Robust Inference in Finite Samples
  Jerry A. Hausman and Christopher J. Palmer #17698 (TWP)
  
• The Unsustainable Rise of the Disability Rolls in the United States: Causes, Consequences, and Policy Options
  David H. Autor #17697 (HE   LS   PE)
  
• A Theory of Income Smoothing When Insiders Know More Than Outsiders
  Viral V. Acharya and Bart M. Lambrecht #17696 (CF   LE)
  
• The Private and Public Economics of Renewable Electricity Generation
  Severin Borenstein #17695 (EEE   IO)
  
• Can Compulsory Military Service Increase Civilian Wages? Evidence from the Peacetime Draft in Portugal
  David Card and Ana Rute Cardoso #17694 (LS)
  
• Employment Protection Legislation and Plant-Level Productivity in India
  Sean Dougherty, Verónica C. Frisancho Robles, and Kala Krishna #17693 (ITI   PR)
  
• Adjustment patterns to commodity terms of trade shocks: the role of exchange rate and international reserves policies
  Joshua Aizenman, Sebastian Edwards, and Daniel Riera-Crichton #17692 (IFM   ITI)
  
• Home Bias in Open Economy Financial Macroeconomics
  Nicolas Coeurdacier and Hélène Rey #17691 (AP   CF   IFM   ME)
  
• Do Cash Transfers Improve Birth Outcomes? Evidence from Matched Vital Statistics, Social Security and Program Data
  Verónica Amarante, Marco Manacorda, Edward Miguel, and Andrea Vigorito #17690 (CH   HE   LS   PE)
  
• Medicaid and the Elderly
  Mariacristina De Nardi, Eric French, John Bailey Jones, and Angshuman Gooptu #17689 (HC   HE   PE)
  
• Consumption and the Great Recession
  Mariacristina De Nardi, Eric French, and David Benson #17688 (EFG   PE)
  
• Capitalizing China
  Joseph Fan, Randall Morck, and Bernard Yeung #17687 (CF)
  
• International Contagion Through Leveraged Financial Institutions
  Eric van Wincoop #17686 (AP   EFG   IFM)
  
• The Future of the Government Sponsored Enterprises: The Role for Government in the U.S. Mortgage Market
  Dwight Jaffee and John M. Quigley #17685 (PE)
  
• Airports, Air Pollution, and Contemporaneous Health
  Wolfram Schlenker and W. Reed Walker #17684 (EEE   HE)
  
• Schooling Supply and the Structure of Production: Evidence from US States 1950-1990
  Antonio Ciccone and Giovanni Peri #17683 (ITI   LS)
  
• Global Macroeconomic and Financial Supervision: Where Next?
  Charles Goodhart #17682 (ME   POL)
  
• The Contribution of China, India and Brazil to Narrowing North-South Differences in GDP/capita, World Trade Shares, and Market Capitalization
  Jing Wang, Dana Medianu, and John Whalley #17681 (ITI)
  
• A Theory of Capital Controls as Dynamic Terms-of-Trade Manipulation
  Arnaud Costinot, Guido Lorenzoni, and Iván Werning #17680 (IFM   ITI)
  
• Looking Beyond the Incumbent: The Effects of Exposing Corruption on Electoral Outcomes
  Alberto Chong, Ana L. De La O, Dean Karlan, and Leonard Wantchekon #17679 (POL)
  

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Week of Dec 19, 2011 - Dec 26, 2011

• Family Proximity, Childcare, and Women's Labor Force Attachment
  Janice Compton and Robert A. Pollak #17678 (LS)
  
• Are Big-Time Sports a Threat to Student Achievement?
  Jason M. Lindo, Isaac D. Swensen, and Glen R. Waddell #17677 (ED   PE)
  
• From Infant to Mother: Early Disease Environment and Future Maternal Health
  Douglas Almond, Janet Currie, and Mariesa Herrmann #17676 (CH   HE)
  
• International Trade and Institutional Changve
  Andrei A. Levchenko #17675 (IFM   ITI)
  
• Prospects for Nuclear Power
  Lucas W. Davis #17674 (EEE   IO)
  
• Do Perceptions of Ballot Secrecy Influence Turnout? Results from a Field Experiment
  Alan S. Gerber, Gregory A. Huber, David Doherty, Conor M. Dowling, and Seth J. Hill #17673 (PE   POL)
  
• The Economics and Politics of Women's Rights
  Matthias Doepke, Michèle Tertilt, and Alessandra Voena #17672 (EFG   POL)
  
• Does Gender Matter for Political Leadership? The Case of U.S. Mayors
  Fernando Ferreira and Joseph Gyourko #17671 (LS   PE   POL)
  
• Capital Inflows, Exchange Rate Flexibility, and Credit Booms
  Nicolas E. Magud, Carmen M. Reinhart, and Esteban R. Vesperoni #17670 (IFM   ME)
  
• Sustainable Cooperation in Global Climate Policy: Specific Formulas and Emission Targets to Build on Copenhagen and Cancun
  Valentina Bosetti and Jeffrey A. Frankel #17669 (EEE)
  
• Utilization of Infertility Treatments: The Effects of Insurance Mandates
  Marianne P. Bitler and Lucie Schmidt #17668 (HE)
  
• Immigrants, Welfare Reform, and the U.S. Safety Net
  Marianne Bitler and Hilary W. Hoynes #17667 (CH   LS   PE)
  
• Do Borrower Rights Improve Borrower Outcomes? Evidence from the Foreclosure Process
  Kristopher Gerardi, Lauren Lambie-Hanson, and Paul S. Willen #17666 (EFG)
  
• International Policy Coordination: The Long View
  Barry Eichengreen #17665 (DAE   IFM)
  
• Regulating Systemic Risk through Transparency: Tradeoffs in Making Data Public
  Augustin Landier and David Thesmar #17664 (PE)
  
• CEO Preferences and Acquisitions
  Dirk Jenter and Katharina Lewellen #17663 (CF)
  
• Fiscal Devaluations
  Emmanuel Farhi, Gita Gopinath, and Oleg Itskhoki #17662 (EFG   IFM   ITI   ME)
  
• Fiduciary Duties and Equity-Debtholder Conflicts
  Bo Becker and Per Strömberg #17661 (CF)
  
• The Valuation Effects of Geographic Diversification: Evidence from U.S. Banks
  Martin Goetz, Luc Laeven, and Ross Levine #17660 (CF)
  
• Cross-Sectoral Variation in The Volatility of Plant-Level Idiosyncratic Shocks
  Rui Castro, Gian Luca Clementi, and Yoonsoo Lee #17659 (EFG   IO   PR)
  
• Take-Up of Public Insurance and Crowd-out of Private Insurance Under Recent CHIP Expansions to Higher Income Children
  Carole Roan Gresenz, Sarah E. Edgington, Miriam J. Laugesen, and José J. Escarce #17658 (HE)
  
• The Best of Times, the Worst of Times: Understanding Pro-cyclical Mortality
  Ann Huff Stevens, Douglas L. Miller, Marianne E. Page, and Mateusz Filipski #17657 (AG   HC   LS)
  
• A Note on Schooling in Development Accounting
  Francesco Caselli and Antonio Ciccone #17656 (EFG)
  
• Does Practice-Based Teacher Preparation Increase Student Achievement? Early Evidence from the Boston Teacher Residency
  John P. Papay, Martin R. West, Jon B. Fullerton, and Thomas J. Kane #17646 (ED)
  

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Week of Dec 12, 2011 - Dec 19, 2011

• The Electoral Consequences of Large Fiscal Adjustments
  Alberto F. Alesina, Dorian Carloni, and Giampaolo Lecce #17655 (PE   POL)
  
• The Expanding Social Safety Net
  Casey B. Mulligan #17654 (EFG   LS   PE)
  
• Evaporating Liquidity
  Stefan Nagel #17653 (AP)
  
• Competing on Speed
  Thomas Philippon and Emiliano Pagnotta #17652 (AP   CF   IO)
  
• Do Mood Swings Drive Business Cycles and is it Rational?
  Paul Beaudry, Deokwoo Nam, and Jian Wang #17651 (EFG)
  
• Can the Doha Round be a Development Round? Setting a Place at the Table
  Kyle Bagwell and Robert W. Staiger #17650 (ITI)
  
• Aggregate Impacts of a Gift of Time
  Jungmin Lee, Daiji Kawaguchi, and Daniel S. Hamermesh #17649 (LS)
  
• Avoiding The Ask: A Field Experiment on Altruism, Empathy, and Charitable Giving
  James Andreoni, Justin M. Rao, and Hannah Trachtman #17648 (PE)
  
• Incentives and Adaptation: Evidence from Highway Procurement in Minnesota
  Gregory Lewis and Patrick Bajari #17647 (IO   LE   PE)
  
• Linking External Sector Imbalances and Changing Financial Instability before the 2008 Financial Crisis
  John Whalley, Manmohan Agarwal, Jing Wang, Sean Walsh, and Chen Yan #17645 (IFM   ITI)
  
• The Use of Tax Havens in Exemption Regimes
  Anna Gumpert, James R. Hines, Jr., and Monika Schnitzer #17644 (ITI   PE)
  
• Regression Discontinuity Designs with an Endogenous Forcing Variable and an Application to Contracting in Health Care
  Patrick Bajari, Han Hong, Minjung Park, and Robert Town #17643 (HC   IO)
  

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Week of Dec 5, 2011 - Dec 12, 2011

• Optimal Dynamic Taxes
  Mikhail Golosov, Maxim Troshkin, and Aleh Tsyvinski #17642 (EFG   PE)
  
• The International Monetary System: Living with Asymmetry
  Maurice Obstfeld #17641 (EFG   IFM)
  
• Cultural Diversity, Geographical Isolation, and the Origin of the Wealth of Nations
  Quamrul Ashraf and Oded Galor #17640 (EFG)
  
• Selecting the Best? Spillover and Shadows in Elimination Tournaments
  Jennifer Brown and Dylan B. Minor #17639 (IO)
  
• Recessions and the Cost of Job Loss
  Steven J. Davis and Till M. von Wachter #17638 (EFG   LS)
  
• Alcohol and Student Performance: Estimating the Effect of Legal Access
  Jason M. Lindo, Isaac D. Swensen, and Glen R. Waddell #17637 (ED   LE   PE)
  
• Rewarding Altruism? A Natural Field Experiment
  Nicola Lacetera, Mario Macis, and Robert Slonim #17636 (HE   LS   PE)
  
• Crowding-Out Charitable Contributions in Canada: New Knowledge from the North
  James Andreoni and A. Abigail Payne #17635 (PE)
  
• The Control of Politicians in Normal Times and Times of Crisis: Wealth Accumulation by U.S. Congressmen, 1850-1880
  Pablo Querubin and James M. Snyder, Jr. #17634 (POL)
  
• Gains and Gaps: Changing Inequality in U.S. College Entry and Completion
  Martha J. Bailey and Susan M. Dynarski #17633 (CH   DAE   ED   LS)
  
• Getting Beneath the Veil of Effective Schools: Evidence from New York City
  Will Dobbie and Roland G. Fryer, Jr #17632 (ED   LS)
  
• Does Trade Globalization Induce or Inhibit Corporate Transparency? Unbundling the Growth Potential and Product Market Competition Channels
  Hui Tong and Shang-Jin Wei #17631 (CF   ITI)
  
• The Incidence of Geography on Canada's Services Trade
  James E. Anderson, Catherine A. Milot, and Yoto V. Yotov #17630 (ITI)
  
• Optimal Expectations and Limited Medical Testing: Evidence from Huntington Disease
  Emily Oster, Ira Shoulson, and E. Ray Dorsey #17629 (HC   HE   LS)
  
• Resource Windfalls, Political Regimes, and Political Stability
  Francesco Caselli and Andrea Tesei #17601 (EFG   POL)
  

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Week of Nov 28, 2011 - Dec 5, 2011

• Conflicts of Interest Distort Public Evaluations: Evidence from the Top 25 Ballots of NCAA Football Coaches
  Matthew Kotchen and Matthew Potoski #17628 (EEE   PE)
  
• The Empirics of Firm Heterogeneity and International Trade
  Andrew B. Bernard, J. Bradford Jensen, Stephen J. Redding, and Peter K. Schott #17627 (ITI)
  
• Target Loans, Current Account Balances and Capital Flows: The ECB’s Rescue Facility
  Hans-Werner Sinn and Timo Wollmershaeuser #17626 (PE)
  
• The Evolving Impact of the Ogallala Aquifer: Agricultural Adaptation to Groundwater and Climate
  Richard Hornbeck and Pinar Keskin #17625 (DAE   EEE)
  
• When Should Sellers Use Auctions?
  James W. Roberts and Andrew Sweeting #17624 (IO)
  
• A Theory of Monitoring and Internal Labor Markets
  Gautam Bose and Kevin Lang #17623 (LS)
  
• Macroeconomics With Heterogeneity: A Practical Guide
  Fatih Guvenen #17622 (AP   EFG   LS   ME   PE)
  
• When Credit Bites Back: Leverage, Business Cycles, and Crises
  &iograve;scar Jordà, Moritz HP. Schularick, and Alan M. Taylor #17621 (DAE   IFM   ME)
  
• The Long-Run Effects of the Scramble for Africa
  Stelios Michalopoulos and Elias Papaioannou #17620 (EFG   IFM   POL)
  
• On Graduation from Fiscal Procyclicality
  Jeffrey A. Frankel, Carlos A. Végh, and Guillermo Vuletin #17619 (IFM)
  
• Diversity and Donations: The Effect of Religious and Ethnic Diversity on Charitable Giving
  James Andreoni, Abigail Payne, Justin D. Smith, and David Karp #17618 (PE)
  
• The Euro and European Economic Conditions
  Martin S. Feldstein #17617 (EFG   IFM   ME)
  
• Optimal Taxation of Top Labor Incomes: A Tale of Three Elasticities
  Thomas Piketty, Emmanuel Saez, and Stefanie Stantcheva #17616 (PE)
  
• Time-Varying Fund Manager Skill
  Marcin Kacperczyk, Stijn Van Nieuwerburgh, and Laura Veldkamp #17615 (AP   CF)
  
• Household Stock Market Beliefs and Learning
  Gábor Kézdi and Robert J. Willis #17614 (AG)
  
• Logical Implications of GASB's Methodology for Valuing Pension Liabilities
  Robert Novy-Marx #17613 (AP   PE)
  
• Risk Sharing through Capital Gains
  Faruk Balli, Sebnem Kalemli-Ozcan, and Bent Sorensen #17612 (IFM)
  

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Week of Nov 21, 2011 - Nov 28, 2011

• Hedonic Prices and Implicit Markets: Estimating Marginal Willingness to Pay for Differentiated Products Without Instrumental Variables
  Kelly C. Bishop and Christopher Timmins #17611 (EEE   PE)
  
• Permanent Income and the Black-White Test Score Gap
  Jesse Rothstein and Nathan Wozny #17610 (CH   ED)
  
• Immigrant-Native Substitutability: The Role of Language Ability
  Ethan G. Lewis #17609 (LS)
  
• Can Governments Do It Better? Merger Mania and Hospital Outcomes in the English NHS
  Martin Gaynor, Mauro Laudicella, and Carol Propper #17608 (   HC)
  
• Economic History or History of Economics? A Review Essay on Sylvia Nasar's Grand Pursuit: the Story of Economic Genius
  Orley C. Ashenfelter #17607 (EFG   LS)
  
• Contracting With Synergies
  Alex Edmans, Itay Goldstein, and John Y. Zhu #17606 (CF   LE   LS)
  
• Skill-biased Technological Change, Earnings of Unskilled Workers, and Crime
  Naci H. Mocan and Bulent Unel #17605 (CH   HE   LE   LS)
  
• Skill Biased Heterogeneous Firms, Trade Liberalization, and the Skill Premium
  James Harrigan and Ariell Reshef #17604 (ITI   LS)
  
• Size Inequality, Coordination Externalities and International Trade Agreements
  Nuno Limao and Kamal Saggi #17603 (ITI)
  
• The Role of Information in Competitive Experimentation
  Ufuk Akcigit and Qingmin Liu #17602 (HE   PR   TWP)
  
• Resource Windfalls, Political Regimes, and Political Stability
  Francesco Caselli and Andrea Tesei #17601 (EFG   POL)
  
• The Impact of the Macroeconomy on Health Insurance Coverage: Evidence from the Great Recession
  John Cawley, Asako S. Moriya, and Kosali I. Simon #17600 (CH   EFG   HC   HE   LS   PE)
  
• Should Derivatives be Privileged in Bankruptcy?
  Patrick Bolton and Martin Oehmke #17599 (CF)
  
• Coping with Shocks and Shifts: The Multilateral Trading System in Historical Perspective
  Douglas A. Irwin and Kevin H. O'Rourke #17598 (ITI)
  
• Anticipating the Great Depression? Gustav Cassel’s Analysis of the Interwar Gold Standard
  Douglas A. Irwin #17597 (DAE   IFM   ME)
  
• The External Impact of China's Exchange Rate Policy: Evidence from Firm Level Data
  Barry Eichengreen and Hui Tong #17593 (IFM)
  

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Week of Nov 14, 2011 - Nov 21, 2011

• Local Industrial Structures and Female Entrepreneurship in India
  Ejaz Ghani, William R. Kerr, and Stephen D. O'Connell #17596 (LS   PR)
  
• Gold Sterilization and the Recession of 1937-38
  Douglas A. Irwin #17595 (DAE   ME)
  
• Trade Prices and the Global Trade Collapse of 2008-2009
  Gita Gopinath, Oleg Itskhoki, and Brent Neiman #17594 (EFG   IFM   ITI   ME)
  
• The Leverage Effect Puzzle: Disentangling Sources of Bias at High Frequency
  Yacine Ait-Sahalia, Jianqing Fan, and Yingying Li #17592 (AP)
  
• Does School Autonomy Make Sense Everywhere? Panel Estimates from PISA
  Eric A. Hanushek, Susanne Link, and Ludger Woessmann #17591 (ED   LS   PE   POL)
  
• Shaped by Booms and Busts: How the Economy Impacts CEO Careers and Management Style
  Antoinette Schoar and Luo Zuo #17590 (CF)
  
• Substitution and Stigma: Evidence on Religious Competition from the Catholic Sex-Abuse Scandal
  Daniel M. Hungerman #17589 (CH   LS   PE)
  
• Marginal Effects in Multivariate Probit and Kindred Discrete and Count Outcome Models, with Applications in Health Economics
  John Mullahy #17588 (HC   HE   TWP)
  
• The Welfare Economics of Default Options: A Theoretical and Empirical Analysis of 401(k) Plans
  B. Douglas Bernheim, Andrey Fradkin, and Igor Popov #17587 (PE)
  
• Sovereign CDS and Bond Pricing Dynamics in the Euro-area
  Giorgia Palladini and Richard Portes #17586 (AP   IFM)
  
• Charitable Giving When Altruism and Similarity are Linked
  Julio J. Rotemberg #17585 (PE)
  
• Rising Labor Productivity during the 2008-9 Recession
  Casey Mulligan #17584 (EFG   PE   PR)
  
• Credit Crises, Precautionary Savings, and the Liquidity Trap
  Veronica Guerrieri and Guido Lorenzoni #17583 (EFG   ME)
  
• Feedback Effects and the Limits to Arbitrage
  Alex Edmans, Itay Goldstein, and Wei Jiang #17582 (AP   CF)
  
• The Determinants and Long-term Projections of Saving Rates in Developing Asia
  Charles Yuji Horioka and Akiko Terada-Hagiwara #17581 (AG   IFM)
  

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Week of Nov 7, 2011 - Nov 14, 2011

• Socioeconomic Differences in the Impact of Smoking Tobacco and Alcohol Prices on Smoking in India
  G. Emmanuel Guindon, Arindam Nandi, Frank J. Chaloupka, IV, and Prabhat Jha #17580 (HE)
  
• Laws and Norms
  Roland Benabou and Jean Tirole #17579 (LE   PE)
  
• What U.S. Data Should be Used to Measure the Price Elasticity of Demand for Alcohol?
  Christopher J. Ruhm, Alison Snow Jones, William C. Kerr, Thomas K. Greenfield, Joseph V. Terza, Ravi S. Pandian, and Kerry Anne McGeary #17578 (HC   HE   PE)
  
• The Dynamics of Firm Lobbying
  William R. Kerr, William F. Lincoln, and Prachi Mishra #17577 (LE   LS   PE   POL   PR)
  
• How Would EU Corporate Tax Reform Affect US Investment in Europe?
  Michael P. Devereux and Simon Loretz #17576 (PE)
  
• Temperature, Aggregate Risk, and Expected Returns
  Ravi Bansal and Marcelo Ochoa #17575 (AP   EEE   EFG)
  
• Welfare Costs of Long-Run Temperature Shifts
  Ravi Bansal and Marcelo Ochoa #17574 (AP   EEE   EFG)
  
• Patent Pools and the Direction of Innovation - Evidence from the 19th-century Sewing Machine Industry
  Ryan L. Lampe and Petra Moser #17573 (DAE   IO   PR)
  
• Academic Dynasties: Decentralization and Familism in the Italian Academia
  Ruben Durante, Giovanna Labartino, and Roberto Perotti #17572 (ED   PE   POL)
  
• The "Austerity Myth": Gain Without Pain?
  Roberto Perotti #17571 (EFG   IFM   POL)
  
• The Impact of Immigration on Native Poverty through Labor Market Competition
  Giovanni Peri #17570 (LS   PE)
  
• The Promise and Problems of Pricing Carbon: Theory and Experience
  Joseph E. Aldy and Robert Stavins #17569 (EEE   IO   LE   PE)
  
• A Model of Private Equity Fund Compensation
  Wonho Wilson Choi, Andrew Metrick, and Ayako Yasuda #17568 (AP   CF)
  
• The Effect of Liquidity on Governance
  Alex Edmans, Vivian W. Fang, and Emanuel Zur #17567 (CF   LE)
  
• Persistent Liquidity Effects and Long Run Money Demand
  Fernando E. Alvarez and Francesco Lippi #17566 (AP   EFG   ME)
  
• Ownership Characteristics, Real Exchange Rate Movements and Labor Market Adjustment in China
  Risheng Mao and John Whalley #17565 (ITI   LS)
  
• The Forward Premium Puzzle in a Two-Country World
  Ian Martin #17564 (AP   EFG   IFM)
  
• The Lucas Orchard
  Ian Martin #17563 (AP   EFG   IFM)
  
• Fiscal Policy and Unemployment
  Marco Battaglini and Stephen Coate #17562 (EFG   PE   POL)
  
• Testing Conditional Factor Models
  Andrew Ang and Dennis Kristensen #17561 (AP)
  
• When Bonds Matter: Home Bias in Goods and Assets
  Nicolas Coeurdacier and Pierre-Olivier Gourinchas #17560 (AP   EFG   IFM)
  
• A Sorted Tale of Globalization: White Collar Jobs and the Rise of Service Offshoring
  Runjuan Liu and Daniel Trefler #17559 (ITI)
  
• A Transparency Standard for Derivatives
  Viral V. Acharya #17558 (AP   CF)
  
• Identifying Demand with Multidimensional Unobservables: A Random Functions Approach
  Jeremy T. Fox and Amit Gandhi #17557 (IO   TWP)
  
• Optimal Monetary Policy with Informational Frictions
  George-Marios Angeletos and Jennifer La'O #17525 (EFG   ME)
  

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Week of Oct 31, 2011 - Nov 7, 2011

• Cost-Effectiveness of Electricity Energy Efficiency Programs
  Toshi H. Arimura, Shanjun Li, Richard G. Newell, and Karen Palmer #17556 (   EEE   PE)
  
• The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy
  Arvind Krishnamurthy and Annette Vissing-Jorgensen #17555 (   AP   EFG   ME)
  
• School Resources and Educational Outcomes in Developing Countries: A Review of the Literature from 1990 to 2010
  Paul W. Glewwe, Eric A. Hanushek, Sarah D. Humpage, and Renato Ravina #17554 (   ED   LS   PE)
  
• A Unified Theory of Firm Selection and Growth
  Costas Arkolakis #17553 (   EFG   IO   ITI)
  
• The Costs of Financial Crises: Resource Misallocation, Productivity and Welfare in the 2001 Argentine Crisis
  Guido Sandleris and Mark L.J. Wright #17552 (   EFG   IFM)
  
• The Stock of External Sovereign Debt: Can We Take the Data At ‘Face Value’?
  Daniel A. Dias, Christine J. Richmond, and Mark L.J. Wright #17551 (   EFG   IFM)
  
• A Linder Hypothesis for Foreign Direct Investment
  Pablo D. Fajgelbaum, Gene M. Grossman, and Elhanan Helpman #17550 (   ITI)
  
• On the Connection between Intertemporal and Intra-temporal Trades
  Jiandong Ju, Kang Shi, and Shang-Jin Wei #17549 (   IFM   ITI)
  
• A Theory of Asset Pricing Based on Heterogeneous Information
  Elias Albagli, Christian Hellwig, and Aleh Tsyvinski #17548 (   AP   CF   EFG)
  
• How Did the Recession of 2007-2009 Affect the Wealth and Retirement of the Near Retirement Age Population in the Health and Retirement Study?
  Alan L. Gustman, Thomas L. Steinmeier, and Nahid Tabatabai #17547 (   AG   EFG   LS   PE)
  
• Unconditional Convergence
  Dani Rodrik #17546 (   EFG   ITI   PR)
  
• How Do Informal Agreements and Renegotiation Shape Contractual Reference Points?
  Ernst Fehr, Oliver D. Hart, and Christian Zehnder #17545 (   CF   LE)
  
• The Contribution of Chinese FDI to Africa’s Pre Crisis Growth Surge
  Aaron Weisbrod and John Whalley #17544 (   EFG   ITI)
  
• Supply-Side Policies and the Zero Lower Bound
  Jesús Fernández-Villaverde, Pablo A. Guerrón-Quintana, and Juan Rubio-Ramírez #17543 (   EFG)
  
• Sovereign Debt, Government Myopia, and the Financial Sector
  Viral V. Acharya and Raghuram G. Rajan #17542 (   CF   EFG   IFM)
  
• The Trouble with Boys: Social Influences and the Gender Gap in Disruptive Behavior
  Marianne Bertrand and Jessica Pan #17541 (   CH   ED   LS)
  
• Estimates of the Social Cost of Carbon: Background and Results from the RICE-2011 Model
  William D. Nordhaus #17540 (   EEE   PE)
  
• Policy-Instrument Choice and Benefit Estimates for Climate-Change Policy in the United States
  Matthew J. Kotchen, Kevin J. Boyle, and Anthony A. Leiserowitz #17539 (   EEE)
  
• Adverse Selection and Incentives in an Early Retirement Program
  Kenneth T. Whelan, Ronald G. Ehrenberg, Kevin F. Hallock, and Ronald L. Seeber #17538 (   ED   LS)
  
• Housing and the Macroeconomy: The Role of Bailout Guarantees for Government Sponsored Enterprises
  Karsten Jeske, Dirk Krueger, and Kurt Mitman #17537 (   AP   EFG)
  
• The Composition and Draw-down of Wealth in Retirement
  James M. Poterba, Steven F. Venti, and David A. Wise #17536 (   AG   EFG   PE)
  

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Week of Oct 24, 2011 - Oct 31, 2011

• Organizational Economics and Physician Practices
  James B. Rebitzer and Mark E. Votruba #17535 (HC   HE   LS)
  
• Unemployment Insurance and Job Search in the Great Recession
  Jesse Rothstein #17534 (EFG   LS   PE)
  
• Experimental Evidence on the Effect of Childhood Investments on Postsecondary Attainment and Degree Completion
  Susan Dynarski, Joshua M. Hyman, and Diane Whitmore Schanzenbach #17533 (CH   ED   LS   PE)
  
• The Value-Added Tax Reform Puzzle
  Jing Cai and Ann Harrison #17532 (ITI)
  
• The Tax Reform Act of 1986: Comment on the 25th Anniversary
  Martin S. Feldstein #17531 (PE)
  
• Financial Sector Ups and Downs and the Real Sector: Big Hindrance, Little Help
  Joshua Aizenman, Brian Pinto, and Vladyslav Sushko #17530 (IFM   ITI)
  
• Allocating Time: Individuals' Technologies, Household Technology, Perfect Substitutes, and Specialization
  Robert A. Pollak #17529 (LS)
  
• The Effect of FDA Advisories on Branded Pharmaceutical Firms' Valuations and Promotion Efforts
  Rena M. Conti, Haiden A. Huskamp, and Ernst R. Berndt #17528 (HC   LE)
  
• Teaching Practices and Social Capital
  Yann Algan, Pierre Cahuc, and Andrei Shleifer #17527 (ED   PE   POL)
  
• Agricultural Policy, Migration, and Malaria in the 1930s United States
  Alan Barreca, Price V. Fishback, and Shawn Kantor #17526 (DAE   HE)
  
• Trade Liberalization and Embedded Institutional Reform: Evidence from Chinese Exporters
  Amit K. Khandelwal, Peter K. Schott, and Shang-Jin Wei #17524 (ITI)
  
• A survey of venture capital research
  Marco Da Rin, Thomas F. Hellmann, and Manju Puri #17523 (CF   PR)
  
• Government Policy and Ownership of Financial Assets
  Kristian Rydqvist, Joshua Spizman, and Ilya A. Strebulaev #17522 (AP   CF   PE)
  
• The Simple Analytics of the Melitz Model in a Small Open Economy
  Svetlana Demidova and Andres Rodriguez-Clare #17521 (ITI)
  
• Sticky Prices: A New Monetarist Approach
  Allen Head, Lucy Qian Liu, Guido Menzio, and Randall Wright #17520 (EFG)
  
• Identification and Inference with Many Invalid Instruments
  Michal Kolesár, Raj Chetty, John N. Friedman, Edward L. Glaeser, and Guido W. Imbens #17519 (LS   PE)
  
• Ending "Too Big To Fail": Government Promises vs. Investor Perceptions
  Todd A. Gormley, Simon Johnson, and Changyong Rhee #17518 (CF   EFG   IFM   POL)
  
• Welfare Magnet Hypothesis, Fiscal Burden and Immigration Skill Selectivity
  Assaf Razin and Jackline Wahba #17515 (IFM)
  

---

Week of Oct 17, 2011 - Oct 24, 2011

• The Real Effects of Hedge Fund Activism: Productivity, Risk, and Product Market Competition
  Alon Brav, Wei Jiang, and Hyunseob Kim #17517 (CF)
  
• A Model of Mortgage Default
  John Y. Campbell and Joao F. Cocco #17516 (AP   CF   ME)
  
• Spatial Determinants of Entrepreneurship in India
  Ejaz Ghani, William R. Kerr, and Stephen D. O'Connell #17514 (PR)
  
• A Forensic Analysis of Global Imbalances
  Menzie D. Chinn, Barry Eichengreen, and Hiro Ito #17513 (IFM)
  
• Innovation and Growth with Financial, and other, Frictions
  Jonathan Chiu, Cesaire Meh, and Randall Wright #17512 (EFG   IO   PR)
  
• Buyers, Sellers and Middlemen: Variations on Search-Theoretic Themes
  Yuet-Yee Wong and Randall Wright #17511 (EFG   IO)
  
• Endogenous Credit Cycles
  Chao Gu and Randall Wright #17510 (EFG)
  
• What do Boards Really Do? Evidence from Minutes of Board Meetings
  Miriam Schwartz-Ziv and Michael Weisbach #17509 (CF   LE)
  
• The Disappearing Gender Gap: The Impact of Divorce, Wages, and Preferences on Education Choices and Women's Work
  Raquel Fernandez and Joyce Cheng Wong #17508 (ED   EFG   LS)
  
• Fathers and Youth's Delinquent Behavior
  Deborah A. Cobb-Clark and Erdal Tekin #17507 (CH   HE)
  
• Speculation and Risk Sharing with New Financial Assets
  Alp Simsek #17506 (AP   CF   IFM)
  
• Lifecycle Portfolio Choice with Systematic Longevity Risk and Variable Investment-Linked Deferred Annuities
  Vasily Kartashov, Raimond Maurer, Olivia S. Mitchell, and Ralph Rogalla #17505 (AG   LS   PE)
  
• General Education, Vocational Education, and Labor-Market Outcomes over the Life-Cycle
  Eric A. Hanushek, Ludger Woessmann, and Lei Zhang #17504 (ED   LS   PE)
  
• Copyright Protection, Technological Change, and the Quality of New Products: Evidence from Recorded Music since Napster
  Joel Waldfogel #17503 (IO   LE)
  
• Capital Flows and Economic Growth in the Era of Financial Integration and Crisis, 1990-2010
  Joshua Aizenman, Yothin Jinjarak, and Donghyun Park #17502 (ITI)
  
• Traded and Nontraded Goods Prices, and International Risk Sharing: an Empirical Investigation.
  Giancarlo Corsetti, Luca Dedola, and Francesca Viani #17501 (IFM)
  
• Liquidity and the Threat of Fraudulent Assets
  Yiting Li, Guillaume Rocheteau, and Pierre-Olivier Weill #17500 (AP   EFG   ME)
  
• The Design and Implementation of U.S. Climate Policy: An Introduction
  Don Fullerton and Catherine Wolfram #17499 (EEE   IO   PE)
  
• What Role for Trade in a Post 2012 Global Climate Policy Regime
  John Whalley #17498 (EEE)
  
• Role Reversal in Global Finance
  Eswar S. Prasad #17497 (IFM)
  
• The Wage Effects of Offshoring: Evidence from Danish Matched Worker-Firm Data
  David Hummels, Rasmus Jorgensen, Jakob R. Munch, and Chong Xiang #17496 (ITI   LS)
  
• Knowledge Growth and the Allocation of Time
  Robert E. Lucas, Jr. and Benjamin Moll #17495 (EFG)
  

---

Week of Oct 10, 2011 - Oct 17, 2011

• Creating "No Excuses" (Traditional) Public Schools: Preliminary Evidence from an Experiment in Houston
  Roland G. Fryer, Jr #17494 (ED   LS)
  
• Aggregate Implications of Innovation Policy
  Andrew Atkeson and Ariel T. Burstein #17493 (EFG)
  
• Reserves and Baskets
  Michael D. Bordo and Harold James #17492 (DAE   ME)
  
• Mutual Fund Performance and the Incentive to Invest in Active Management
  Diane Del Guercio and Jonathan Reuter #17491 (AP)
  
• On the Network Topology of Variance Decompositions: Measuring the Connectedness of Financial Firms
  Francis X. Diebold and Kamil Yilmaz #17490 (AP   EFG   IFM)
  
• Optimal Monetary Policy with Endogenous Entry and Product Variety
  Florin O. Bilbiie, Ippei Fujiwara, and Fabio Ghironi #17489 (EFG   ME)
  
• Using the Market to Address Climate Change: Insights from Theory and Experience
  Joseph E. Aldy and Robert N. Stavins #17488 (EEE)
  
• The Human Capital Stock: A Generalized Approach
  Benjamin F. Jones #17487 (ED   EFG   PR)
  
• If You Build It Will They Come? Teacher Use of Student Performance Data on a Web-Based Tool
  John H. Tyler #17486 (ED)
  
• House Prices and Birth Rates: The Impact of the Real Estate Market on the Decision to Have a Baby
  Lisa J. Dettling and Melissa Schettini Kearney #17485 (CH   LS   PE)
  
• Long Run Risks & Price/Dividend Ratio Factors
  Ravi Jagannathan and Srikant Marakani #17484 (AP)
  
• Impatience, Incentives, and Obesity
  Charles J. Courtemanche, Garth Heutel, and Patrick McAlvanah #17483 (EEE   HC   HE)
  
• Estimating Patients' Preferences for Medical Devices: Does the Number of Profile in Choice Experiments Matter?
  John Bridges, Christine Buttorff, and Karin Groothuis-Oudshoorn #17482 (HE)
  
• Payout Taxes and the Allocation of Investment
  Bo Becker, Marcus Jacob, and Martin Jacob #17481 (CF)
  
• Separating the Opposing Effects of Bilateral Tax Treaties
  Bruce A. Blonigen, Lindsay Oldenski, and Nicholas Sly #17480 (ITI)
  
• The Stock Market Crash of 2008 Caused the Great Recession: Theory and Evidence
  Roger Farmer #17479 (EFG)
  
• Evidence on the Efficacy of School-Based Incentives for Healthy Living
  Harold E. Cuffe, William T. Harbaugh, Jason M. Lindo, Giancarlo Musto, and Glen R. Waddell #17478 (CH   ED   HE)
  
• Sticking with What (Barely) Worked
  Lars Lefgren, Brennan Platt, and Joseph Price #17477 (LS)
  
• The Price Effects of a Large Merger of Manufacturers: A Case Study of Maytag-Whirlpool
  Orley C. Ashenfelter, Daniel S. Hosken, and Matthew C. Weinberg #17476 (IO   LE)
  
• List Randomization for Sensitive Behavior: An Application for Measuring Use of Loan Proceeds
  Dean Karlan and Jonathan Zinman #17475 (LE)
  
• CoVaR
  Tobias Adrian and Markus K. Brunnermeier #17454 (AP   CF   EFG   ME)
  
• How to Solve Dynamic Stochastic Models Computing Expectations Just Once
  Kenneth L. Judd, Lilia Maliar, and Serguei Maliar #17418 (EFG   TWP)
  

---

Week of Oct 3, 2011 - Oct 10, 2011

• Human Capital and Organizational Performance: Evidence from the Healthcare Sector
  Ann P. Bartel, Ciaran S. Phibbs, Nancy Beaulieu, and Patricia Stone #17474 (HC   LS)
  
• The Hidden Benefits of Control: Evidence from a Natural Field Experiment
  Craig E. Landry, Andreas Lange, John A. List, Michael K. Price, and Nicholas G. Rupp #17473 (EEE   PE)
  
• Is There a 'Hidden Cost of Control' in Naturally-Occurring Markets? Evidence from a Natural Field Experiment
  Craig E. Landry, Andreas Lange, John A. List, Michael K. Price, and Nicholas G. Rupp #17472 (LS   PR)
  
• The Geographic Accessibility of Child Care Subsidies and Evidence on the Impact of Subsidy Receipt on Childhood Obesity
  Chris M. Herbst and Erdal Tekin #17471 (CH   HE)
  
• Grossman-Hart (1986) Goes Global: Incomplete Contracts, Property Rights, and the International Organization of Production
  Pol Antras #17470 (ITI)
  
• State Gun Policy and Cross-State Externalities: Evidence from Crime Gun Tracing
  Brian G. Knight #17469 (PE   POL)
  
• Does Short-Term Debt Increase Vulnerability to Crisis? Evidence from the East Asian Financial Crisis
  Efraim Benmelech and Eyal Dvir #17468 (CF   EFG   IFM   ITI   ME)
  
• Do Stronger Age Discrimination Laws Make Social Security Reforms More Effective?
  David Neumark and Joanne Song #17467 (AG   LE   LS   PE)
  
• Who Offers Tax-Based Business Development Incentives?
  R. Alison Felix and James R. Hines, Jr. #17466 (PE)
  
• Grade Non-Disclosure
  Daniel Gottlieb and Kent Smetters #17465 (ED   LS   PE)
  
• Political Uncertainty and Risk Premia
  Lubos Pastor and Pietro Veronesi #17464 (AP   EFG   POL)
  
• Corporate Acquisitions, Diversification, and the Firm's Lifecycle
  Asli M. Arikan and Rene M. Stulz #17463 (CF)
  
• Racial Disparities in Job Finding and Offered Wages
  Roland G. Fryer, Jr, Devah Pager, and Jorg L. Spenkuch #17462 (LS)
  
• Substitution Between Immigrants, Natives, and Skill Groups
  George J. Borjas, Jeffrey Grogger, and Gordon H. Hanson #17461 (ITI   LS)
  
• Importing Skill-Biased Technology
  Ariel Burstein, Javier Cravino, and Jonathan Vogel #17460 (ITI)
  

---

Week of Sep 26, 2011 - Oct 3, 2011

• Adverse Selection and Switching Costs in Health Insurance Markets: When Nudging Hurts
  Benjamin R. Handel #17459 (HC   IO)
  
• Slum Clearance and Urban Renewal in the United States
  William J. Collins and Katharine L. Shester #17458 (DAE   LE   PE)
  
• Fiscal Policy in Debt Constrained Economies
  Mark A. Aguiar and Manuel Amador #17457 (EFG   IFM)
  
• The Price Effects of Cash Versus In-Kind Transfers
  Jesse M. Cunha, Giacomo De Giorgi, and Seema Jayachandran #17456 (PE)
  
• Deterrence and the Death Penalty: Partial Identification Analysis Using Repeated Cross Sections
  Charles F. Manski and John V. Pepper #17455 (LE)
  
• Gender Discrimination in Job Ads: Theory and Evidence
  Peter J. Kuhn and Kailing Shen #17453 (LS)
  
• Does Head Start Do Any Lasting Good?
  Chloe Gibbs, Jens Ludwig, and Douglas L. Miller #17452 (CH)
  
• Insuring Long Term Care In the US
  Jeffrey Brown and Amy Finkelstein #17451 (AG   HC   PE)
  
• Racial Discrimination in the Labor Market: Theory and Empirics
  Kevin Lang and Jee-Yeon K. Lehmann #17450 (LS)
  
• Credit Market Consequences of Improved Personal Identification: Field Experimental Evidence from Malawi
  Xavier Giné, Jessica Goldberg, and Dean Yang #17449 (LS)
  
• Costly Contracts and Consumer Credit
  Igor Livshits, James MacGee, and Michéle Tertilt #17448 (EFG)
  
• Fiscal Multipliers in Recession and Expansion
  Alan J. Auerbach and Yuriy Gorodnichenko #17447 (EFG   PE)
  
• The Impacts of the Climate Change Levy on Manufacturing: Evidence from Microdata
  Ralf Martin, Laure B. de Preux, and Ulrich J. Wagner #17446 (EEE   PE)
  
• Means-Tested Subsidies and Economic Performance Since 2007
  Casey B. Mulligan #17445 (EFG   PE)
  
• Clearing Up the Fiscal Multiplier Morass
  Eric M. Leeper, Nora Traum, and Todd B. Walker #17444 (EFG)
  
• A Brief History of Regulations Regarding Financial Markets in the United States: 1789 to 2009
  Alejandro Komai and Gary Richardson #17443 (DAE)
  
• Robust Inference for Misspecified Models Conditional on Covariates
  Alberto Abadie, Guido W. Imbens, and Fanyin Zheng #17442 (TWP)
  
• Creativity and the Family Tree: Human Capital Endowments and the Propensity of Entrepreneurs to Patent
  Albert N. Link and Christopher J. Ruhm #17441 (LS   PR)
  
• Does Widowhood Explain Gender Differences in Out-of-Pocket Medical Spending Among the Elderly?
  Gopi Shah Goda, John B. Shoven, and Sita Nataraj Slavov #17440 (AG   HC   PE)
  
• The Effects of Changes in Women's Labor Market Attachment on Redistribution Under the Social Security Benefit Formula
  Alan L. Gustman, Thomas L. Steinmeier, and Nahid Tabatabai #17439 (AG   LS)
  
• The Financial Crisis and the Well-Being of Americans
  Angus S. Deaton #17128 (AG   EFG   PE)
  

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