New This Week Archive

NBER Working Papers released in the past, by week.

Weekly papers: released by December 31, 2012

• Revealed Preferences for Journals: Evidence from Page Limits
  David Card and Stefano DellaVigna #18663 (   ED   IO   LS   PE   PR)
  
• Identifying Equilibrium Models of Labor Market Sorting
  Marcus Hagedorn, Tzuo Hann Law, and Iourii Manovskii #18661 (   EFG)
  
• Losing Heart? The Effect of Job Displacement on Health
  Sandra E. Black, Paul J. Devereux, and Kjell G. Salvanes #18660 (   HE   LS)
  
• Corn Production Shocks in 2012 and Beyond: Implications for Food Price Volatility
  Steven T. Berry, Michael J. Roberts, and Wolfram Schlenker #18659 (   EEE)
  
• The Nexus of Social Security Benefits, Health, and Wealth at Death
  James M. Poterba, Steven F. Venti, and David A. Wise #18658 (   AG   HC)
  
• Size-Dependent Regulations, Firm Size Distribution, and Reallocation
  François Gourio and Nicolas A. Roys #18657 (   DEV   LS   PE   PR)
  
• Youth Depression and Future Criminal Behavior
  D. Mark Anderson, Resul Cesur, and Erdal Tekin #18656 (   CH   HE)
  
• The Surprisingly Swift Decline of U.S. Manufacturing Employment
  Justin R. Pierce and Peter K. Schott #18655 (   ITI)
  

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Weekly papers: released by December 24, 2012

• Catching Up and Falling Behind
  Nancy L. Stokey #18654 (EFG)
  
• Trade Reforms and Current Account Imbalances: When Does the General Equilibrium Effect Overturn a Partial Equilibrium Intuition?
  Jiandong Ju, Kang Shi, and Shang-Jin Wei #18653 (IFM   ITI)
  
• Heterogeneous Firms and Trade
  Marc J. Melitz and Stephen J. Redding #18652 (ITI)
  
• Notes for a New Guide to Keynes (I): Wages, Aggregate Demand, and Employment
  Jordi Galí #18651 (EFG   ME)
  
• Deregulation, Misallocation, and Size: Evidence from India
  Laura Alfaro and Anusha Chari #18650 (EFG   IFM   PR)
  
• Algebra for 8th Graders: Evidence on its Effects from 10 North Carolina Districts
  Charles T. Clotfelter, Helen F. Ladd, and Jacob L. Vigdor #18649 (ED   PE)
  
• Do Classmate Effects Fade Out?
  Robert Bifulco, Jason M. Fletcher, Sun Jung Oh, and Stephen L. Ross #18648 (CH   ED)
  
• The Inefficient Markets Hypothesis: Why Financial Markets Do Not Work Well in the Real World
  Roger E.A. Farmer, Carine Nourry, and Alain Venditti #18647 (AP   EFG   IFM)
  
• Exchange Rate Determination, Risk Sharing and the Asset Market View
  A. Craig Burnside and Jeremy J. Graveline #18646 (AP   EFG   IFM)
  
• Market-Based Emissions Regulation and Industry Dynamics
  Meredith Fowlie, Mar Reguant, and Stephen P. Ryan #18645 (EEE   IO)
  
• Carry Trade and Systemic Risk: Why are FX Options so Cheap?
  Ricardo J. Caballero and Joseph B. Doyle #18644 (ME)
  
• A Gift of Time
  Daiji Kawaguchi, Jungmin Lee, and Daniel S. Hamermesh #18643 (EFG   LS)
  
• The RAND Health Insurance Experiment, Three Decades Later
  Aviva Aron-Dine, Liran Einav, and Amy Finkelstein #18642 (AG   HC   PE   IO)
  
• The Economics of Faith: Using an Apocalyptic Prophecy to Elicit Religious Beliefs in the Field
  Ned Augenblick, Jesse M. Cunha, Ernesto Dal Bó, and Justin M. Rao #18641 (POL)
  
• Fast-Food Restaurant Advertising on Television and Its Influence on Youth Body Composition
  Michael Grossman, Erdal Tekin, and Roy Wada #18640 (HE)
  
• Increasing Our Understanding of the Health-Income Gradient in Children
  Jason Fletcher and Barbara L. Wolfe #18639 (CH   HE)
  
• Prominent Job Advertisements, Group Learning and Wage Dispersion
  Julio J. Rotemberg #18638 (EFG   LS)
  
• Multi-Product Firms and Product Quality
  Kalina Manova and Zhiwei Zhang #18637 (IFM   ITI)
  
• Third-Party Opportunism and the Nature of Public Contracts
  Marian W. Moszoro and Pablo T. Spiller #18636 (LE)
  
• Six Decades of Top Economics Publishing: Who and How?
  Daniel S. Hamermesh #18635 (LS)
  
• Solomonic Separation: Risk Decisions as Productivity Indicators
  Nolan Miller, Alexander F. Wagner, and Richard J. Zeckhauser #18634 (CF)
  
• Social Fragmentation, Public Goods and Elections: Evidence from China
  Gerard Padro i Miquel, Nancy Qian, and Yang Yao #18633 (DEV   PE   POL)
  
• The Great Trade Collapse
  Rudolfs Bems, Robert C. Johnson, and Kei-Mu Yi #18632 (IFM   ITI)
  
• Patent Laws and Innovation: Evidence from Economic History
  Petra Moser #18631 (DAE   IO   LE   PR)
  
• The Effects of Information, Social and Economic Incentives on Voluntary Undirected Blood Donations: Evidence from a Randomized Controlled Trial in Argentina
  Victor Iajya, Nicola Lacetera, Mario Macis, and Robert Slonim #18630 (DEV   HE)
  
• Smart Machines and Long-Term Misery
  Jeffrey D. Sachs and Laurence J. Kotlikoff #18629 (PE)
  
• International Reserves and Rollover Risk
  Javier Bianchi, Juan Carlos Hatchondo, and Leonardo Martinez #18628 (   EFG   IFM)
  
• Are the Gains from Foreign Diversification Diminishing? Assessing the Impact with Cross-listed Stocks
  Karen K. Lewis and Sandy Lai #18627 (AP   IFM)
  
• Endowment Management Based on a Positive Model of the University
  Caroline M. Hoxby #18626 (ED   LS   PE)
  

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Weekly papers: released by December 17, 2012

• Matthew: Effect or Fable?
  Pierre Azoulay, Toby Stuart, and Yanbo Wang #18625 (PR)
  
• Non-Cognitive Ability, Test Scores, and Teacher Quality: Evidence from 9th Grade Teachers in North Carolina
  C. Kirabo Jackson #18624 (CH   ED   LS   PE)
  
• The Impact of Minimum Age of Employment Regulation on Child Labor and Schooling: Evidence from UNICEF MICS Countries
  Eric V. Edmonds and Maheshwor Shrestha #18623 (CH   DEV   LS)
  
• A Voting Architecture for the Governance of Free-Driver Externalities, with Application to Geoengineering
  Martin Weitzman #18622 (EEE)
  
• Thirty Years of Prospect Theory in Economics: A Review and Assessment
  Nicholas C. Barberis #18621 (AP)
  
• Firm/Employee Matching: An Industry Study of American Lawyers
  Paul Oyer and Scott Schaefer #18620 (IO   LE   LS)
  
• Disagreement and Asset Prices
  Bruce I. Carlin, Francis A. Longstaff, and Kyle Matoba #18619 (AP)
  
• Consolidating the Evidence on Income Mobility in the Western States of Germany and the U.S. from 1984-2006
  Gulgun Bayaz-Ozturk, Richard V. Burkhauser, and Kenneth A. Couch #18618 (LS)
  
• Valuation Risk and Asset Pricing
  Rui Albuquerque, Martin S. Eichenbaum, and Sergio Rebelo #18617 (AP)
  
• Harvests and Financial Crises in Gold-Standard America
  Christopher Hanes and Paul W. Rhode #18616 (DAE)
  
• Importers, Exporters, and Exchange Rate Disconnect
  Mary Amiti, Oleg Itskhoki, and Jozef Konings #18615 (IFM   ITI)
  
• Cognitive Mobility: Labor Market Responses to Supply Shocks in the Space of Ideas
  George J. Borjas and Kirk B. Doran #18614 (LS)
  
• Mobile Scientists and International Networks
  Giuseppe Scellato, Chiara Franzoni, and Paula Stephan #18613 (LS)
  
• A Poll Tax by any Other Name: The Political Economy of Disenfranchisement
  Daniel B. Jones, Werner Troesken, and Randall Walsh #18612 (DAE   PE   POL)
  
• Securitization
  Gary Gorton and Andrew Metrick #18611 (AP   CF   EFG   ME)
  
• Who is Exposed to Gas Prices? How Gasoline Prices Affect Automobile Manufacturers and Dealerships
  Meghan R. Busse, Christopher R. Knittel, and Florian Zettelmeyer #18610 (EEE   IO)
  
• The Effects of Texas's Targeted Pre-Kindergarten Program on Academic Performance
  Rodney J. Andrews, Paul Jargowsky, and Kristin Kuhne #18598 (LS)
  

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Weekly papers: released by December 10, 2012

• Did the Community Reinvestment Act (CRA) Lead to Risky Lending?
  Sumit Agarwal, Efraim Benmelech, Nittai Bergman, and Amit Seru #18609 (AP   CF)
  
• Misconduct in Credence Good Markets
  Jennifer Brown and Dylan B. Minor #18608 (IO)
  
• Risk Management and Climate Change
  Howard Kunreuther, Geoffrey Heal, Myles Allen, Ottmar Edenhofer, Christopher B. Field, and Gary Yohe #18607 (EEE)
  
• External Imbalances and Financial Crises
  Alan M. Taylor #18606 (DAE   IFM)
  
• Does State Preschool Crowd-Out Private Provision? The Impact of Universal Preschool on the Childcare Sector in Oklahoma and Georgia
  Daphna Bassok, Maria Fitzpatrick, and Susanna Loeb #18605 (ED)
  
• Concording EU Trade and Production Data over Time
  Ilke Van Beveren, Andrew B. Bernard, and Hylke Vandenbussche #18604 (ITI)
  
• Cyclical Variation in Labor Hours and Productivity Using the ATUS
  Michael C. Burda, Daniel S. Hamermesh, and Jay Stewart #18603 (EFG   LS)
  
• Experience Matters: Human Capital and Development Accounting
  David Lagakos, Benjamin Moll, Tommaso Porzio, and Nancy Qian #18602 (DEV   EFG   LS)
  
• Narrow Framing and Life Insurance
  Daniel Gottlieb and Kent Smetters #18601 (AG   IO)
  
• When Is There a Strong Transfer Risk from the Sovereigns to the Corporates? Property Rights Gaps and CDS Spreads
  Jennie Bai and Shang-Jin Wei #18600 (CF   DEV   IFM)
  
• The Promise of Positive Optimal Taxation: A Generalized Theory Calibrated to Survey Evidence on Normative Preferences Explains Puzzling Features of Policy
  Matthew C. Weinzierl #18599 (PE)
  
• Do Labor Market Policies Have Displacement Effects? Evidence from a Clustered Randomized Experiment
  Bruno Crépon, Esther Duflo, Marc Gurgand, Roland Rathelot, and Philippe Zamora #18597 (LS)
  
• Carbon Taxes, Path Dependency and Directed Technical Change: Evidence from the Auto Industry
  Philippe Aghion, Antoine Dechezleprêtre, David Hemous, Ralf Martin, and John Van Reenen #18596 (EEE)
  
• Offshoring and Directed Technical Change
  Daron Acemoglu, Gino Gancia, and Fabrizio Zilibotti #18595 (ITI   POL)
  
• Costly Litigation and Optimal Damages
  A. Mitchell Polinsky and Steven Shavell #18594 (LE)
  
• Value-Based Differential Pricing: Efficient Prices for Drugs in a Global Context
  Patricia M. Danzon, Adrian K. Towse, and Jorge Mestre-Ferrandiz #18593 (HE)
  
• Capital and Labor Reallocation Inside Firms
  Xavier Giroud and Holger M. Mueller #18592 (CF)
  
• The ARRA: Some Unpleasant Welfare Arithmetic
  Casey B. Mulligan #18591 (LS   PE)
  
• Buy-it-now or Take-a-chance: Price Discrimination through Randomized Auctions
  L. Elisa Celis, Gregory Lewis, Markus M. Mobius, and Hamid Nazerzadeh #18590 (IO)
  
• The Gorbachev Anti-Alcohol Campaign and Russia's Mortality Crisis
  Jay Bhattacharya, Christina Gathmann, and Grant Miller #18589 (AG   DEV   HC   HE)
  
• Changing Social Contracts: Beliefs and Dissipative Inclusion in Brazil
  Lee J. Alston, Marcus Melo, Bernardo Mueller, and Carlos Pereira #18588 (DAE   DEV   POL)
  
• Efficient Bailouts?
  Javier Bianchi #18587 (IFM)
  
• The Missing "One-Offs": The Hidden Supply of High-Achieving, Low Income Students
  Caroline M. Hoxby and Christopher Avery #18586 (ED   LS   PE)
  
• Participation and Duration of Environmental Agreements
  Marco Battaglini and Bård Harstad #18585 (EEE   LE   PE   POL)
  

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Weekly papers: released by December 3, 2012

• Taxation of Intergenerational Transfers and Wealth
  Wojciech Kopczuk #18584 (EFG   PE   POL)
  
• Gasoline Prices, Fuel Economy, and the Energy Paradox
  Hunt Allcott and Nathan Wozny #18583 (EEE   IO   PE)
  
• Fettered Consumers and Sophisticated Firms: Evidence from Mexico's Privatized Social Security Market
  Fabian Duarte and Justine S. Hastings #18582 (   AG   IO   PE)
  
• Understanding the Mechanisms through Which an Influential Early Childhood Program Boosted Adult Outcomes
  James J. Heckman, Rodrigo Pinto, and Peter A. Savelyev #18581 (CH   DEV   ED)
  
• Incentives, Commitments and Habit Formation in Exercise: Evidence from a Field Experiment with Workers at a Fortune-500 Company
  Heather Royer, Mark F. Stehr, and Justin R. Sydnor #18580 (HC   HE)
  
• Tracing Value-added and Double Counting in Gross Exports
  Robert Koopman, Zhi Wang, and Shang-Jin Wei #18579 (ITI)
  
• Output Spillovers from Fiscal Policy
  Alan J. Auerbach and Yuriy Gorodnichenko #18578 (EFG   PE)
  
• The Mover's Advantage: Scientific Performance of Mobile Academics
  Chiara Franzoni, Giuseppe Scellato, and Paula Stephan #18577 (   LS)
  
• Gender, Competitiveness and Career Choices
  Thomas Buser, Muriel Niederle, and Hessel Oosterbeek #18576 (CH   ED   LS)
  
• What Makes Annuitization More Appealing?
  John Beshears, James J. Choi, David Laibson, Brigitte C. Madrian, and Stephen P. Zeldes #18575 (AG)
  
• Free to Choose? Reform and Demand Response in the English National Health Service
  Martin Gaynor, Carol Propper, and Stephan Seiler #18574 (HC)
  
• Democracy Undone. Systematic Minority Advantage in Competitive Vote Markets
  Alessandra Casella and Sébastien Turban #18573 (POL)
  
• Analyzing the Effects of Insuring Health Risks: On the Trade-off between Short Run Insurance Benefits vs. Long Run Incentive Costs
  Harold L. Cole, Soojin Kim, and Dirk Krueger #18572 (EFG   HE   PE)
  
• Health Care Reforms and the Value of Future Public Liabilities
  Kristopher J. Hult and Tomas J. Philipson #18571 (HC)
  
• Is Inflation Targeting Still On Target?
  Luis Felipe Céspedes, Roberto Chang, and Andrés Velasco #18570 (IFM)
  
• Macroeconomic Performance During Commodity Price Booms and Busts
  Luis Felipe Céspedes and Andrés Velasco #18569 (IFM   ME)
  
• Using Student Test Scores to Measure Principal Performance
  Jason A. Grissom, Demetra Kalogrides, and Susanna Loeb #18568 (ED)
  
• Optimal Aggregation of Consumer Ratings: An Application to Yelp.com
  Weijia Dai, Ginger Z. Jin, Jungmin Lee, and Michael Luca #18567 (IO)
  
• Colonialism and Economic Development in Africa
  Leander Heldring and James A. Robinson #18566 (DAE)
  

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Weekly papers: released by November 26, 2012

• Active vs. Passive Decisions and Crowdout in Retirement Savings Accounts: Evidence from Denmark
  Raj Chetty, John N. Friedman, Soren Leth-Petersen, Torben Nielsen, and Tore Olsen #18565 (AG   EFG   LS   PE)
  
• Nonlinear Policy Rules and the Identification and Estimation of Causal Effects in a Generalized Regression Kink Design
  David Card, David Lee, Zhuan Pei, and Andrea Weber #18564 (LS)
  
• Product Introductions, Currency Unions, and the Real Exchange Rate
  Alberto Cavallo, Brent Neiman, and Roberto Rigobon #18563 (EFG   IFM   ITI   ME)
  
• Using Neural Data to Test a Theory of Investor Behavior: An Application to Realization Utility
  Cary Frydman, Nicholas Barberis, Colin Camerer, Peter Bossaerts, and Antonio Rangel #18562 (AP)
  
• Firms and Credit Constraints along the Value-Added Chain: Processing Trade in China
  Kalina Manova and Zhihong Yu #18561 (CF   DEV   ITI   PR)
  
• Arbitrage Asymmetry and the Idiosyncratic Volatility Puzzle
  Robert F. Stambaugh, Jianfeng Yu, and Yu Yuan #18560 (AP)
  
• The Asset Price Meltdown and the Wealth of the Middle Class
  Edward N. Wolff #18559 (AG   LS   PR)
  
• Embedded Leverage
  Andrea Frazzini and Lasse H. Pedersen #18558 (AP)
  
• The Federal Reserve, Emerging Markets, and Capital Controls: A High Frequency Empirical Investigation
  Sebastian Edwards #18557 (DEV   IFM   ME)
  
• On the Link Between the Volatility and Skewness of Growth
  Geert Bekaert and Alexander Popov #18556 (EFG)
  
• Growth versus Margin and Castles in the Air: Evidence from Industry IPO Waves
  Zhi Da, Ravi Jagannathan, and Jianfeng Shen #18555 (AP)
  
• Empirical Cross-Sectional Asset Pricing
  Stefan Nagel #18554 (AP)
  
• How Important Are Perpetual Tax Savings?
  James R. Hines Jr. #18553 (PE)
  
• The Effect of Pharmaceutical Innovation on Longevity: Patient-Level Evidence from the 1996-2002 Medical Expenditure Panel Survey and Linked Mortality Public-Use Files
  Frank R. Lichtenberg #18552 (AG   HC   PR)
  
• Information and College Access: Evidence from a Randomized Field Experiment
  Philip Oreopoulos and Ryan Dunn #18551 (CH   ED   LS)
  

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Weekly papers: released by November 19, 2012

• Missallocation and Financial Frictions: Some Direct Evidence From the Dispersion in Borrowing Costs
  Simon Gilchrist, Jae W. Sim, and Egon Zakrajšek #18550 (EFG)
  
• Repo and Securities Lending
  Tobias Adrian, Brian Begalle, Adam Copeland, and Antoine Martin #18549 (AP   CF)
  
• Speculative Betas
  Harrison Hong and David Sraer #18548 (AP   CF)
  
• Quiet Bubbles
  Harrison Hong and David Sraer #18547 (AP   CF)
  
• On the Spatial Economic Impact of Global Warming
  Klaus Desmet and Esteban Rossi-Hansberg #18546 (EEE   EFG   ITI)
  
• Fiscal Rules and Discretion under Persistent Shocks
  Marina Halac and Pierre Yared #18545 (EFG   POL)
  
• The Making Of A Great Contraction With A Liquidity Trap and A Jobless Recovery
  Stephanie Schmitt-Grohé and Martin Uríbe #18544 (EFG   ME)
  
• You Owe Me
  Ulrike Malmendier and Klaus Schmidt #18543 (HC   HE   LS)
  
• Mismeasurement of Pensions Before and After Retirement: The Mystery of the Disappearing Pensions with Implications for the Importance of Social Security as a Source of Retirement Support
  Alan L. Gustman, Thomas L. Steinmeier, and Nahid Tabatabai #18542 (AG   LS   PE)
  
• Free Lunch! Arbitrage Opportunities in the Foreign Exchange Markets
  Takatoshi Ito, Kenta Yamada, Misako Takayasu, and Hideki Takayasu #18541 (AP   IFM)
  
• Dynamic Programming with Hermite Approximation
  Yongyang Cai and Kenneth L. Judd #18540 (TWP)
  
• The Political Economy of Government Revenues in Post-Conflict Resource-Rich Africa: Liberia and Sierra Leone
  Victor A.B. Davies and Sylvain Dessy #18539 (POL)
  
• Microfinance, Poverty and Education
  Britta Augsburg, Ralph De Haas, Heike Harmgart, and Costas Meghir #18538 (DEV   ED   LS)
  
• Vulnerable Banks
  Robin Greenwood, Augustin Landier, and David Thesmar #18537 (CF)
  
• Monetary Rules for Commodity Traders
  Luis Catão and Roberto Chang #18536 (IFM)
  
• Long Run Impacts of Childhood Access to the Safety Net
  Hilary W. Hoynes, Diane Whitmore Schanzenbach, and Douglas Almond #18535 (CH   DAE   ED   HC   HE   LS   PE)
  
• The Spatial Diffusion of Technology
  Diego A. Comin, Mikhail Dmitriev, and Esteban Rossi-Hansberg #18534 (DAE   DEV   EFG   ITI            PR)
  

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Weekly papers: released by November 12, 2012

• Do Consumers Respond to Marginal or Average Price? Evidence from Nonlinear Electricity Pricing
  Koichiro Ito #18533 (EEE)
  
• Scale Effects and Productivity Across Countries: Does Country Size Matter?
  Natalia Ramondo, Andrés Rodríguez-Clare, and Milagro Saborío-Rodríguez #18532 (EFG   ITI)
  
• Systemic Risks in Global Banking: What Available Data can tell us and What More Data are Needed?
  Eugenio Cerutti, Stijn Claessens, and Patrick McGuire #18531 (IFM)
  
• Higher Education, Merit-Based Scholarships and Post-Baccalaureate Migration
  Maria D. Fitzpatrick and Damon Jones #18530 (ED   PE)
  
• Health Insurance Reform: The Impact of a Medicare Buy-In
  Gary D. Hansen, Minchung Hsu, and Junsang Lee #18529 (EFG   HE   PE)
  
• Dollar Funding and the Lending Behavior of Global Banks
  Victoria Ivashina, David S. Scharfstein, and Jeremy C. Stein #18528 (CF)
  
• Macroeconomic Adjustment and the History of Crises in Open Economies
  Joshua Aizenman and Ilan Noy #18527 (IFM)
  
• Capital Controls: Gates versus Walls
  Michael W. Klein #18526 (IFM)
  
• Donating the Voucher: An Alternative Tax Treatment of Private School Enrollment
  Andrew A. Samwick #18525 (ED   PE)
  
• Highway to Success: The Impact of the Golden Quadrilateral Project for the Location and Performance of Indian Manufacturing
  Ejaz Ghani, Arti Grover Goswami, and William R. Kerr #18524 (PE   PR)
  
• Affirmative Action and University Fit: Evidence from Proposition 209
  Peter Arcidiacono, Esteban Aucejo, Patrick Coate, and V. Joseph Hotz #18523 (ED)
  
• Workplace Heterogeneity and the Rise of West German Wage Inequality
  David Card, Jörg Heining, and Patrick Kline #18522 (EFG   ITI   LS   PE   PR)
  
• Optimal Labor Income Taxation
  Thomas Piketty and Emmanuel Saez #18521 (PE)
  
• The U.S. Employment-Population Reversal in the 2000s: Facts and Explanations
  Robert A. Moffitt #18520 (EFG   LS   PE)
  
• Games and Resources
  BÃ¥rd Harstad and Matti Liski #18519 (EEE   PE   POL)
  
• Does Mandatory Diversion to Drug Treatment Eliminate Racial Disparities in the Incarceration of Drug Offenders? An Examination of California’s Proposition 36
  Nancy Nicosia, John M. MacDonald, and Rosalie Liccardo Pacula #18518 (HE   LE)
  
• Pension Costs and Retirement Decisions in Plans that Combine DB and DC Elements: Evidence from Oregon
  John Chalmers, Woodrow T. Johnson, and Jonathan Reuter #18517 (AG   PE)
  
• Carbon Markets: Past, Present, and Future
  Richard G. Newell, William A. Pizer, and Daniel Raimi #18504 (EEE)
  

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Weekly papers: released by November 5, 2012

• Wrongful Discharge Laws and Innovation
  Viral V. Acharya, Ramin P. Baghai, and Krishnamurthy V. Subramanian #18516 (CF   LE)
  
• Immigration and the Distribution of Incomes
  Francine D. Blau and Lawrence M. Kahn #18515 (LS)
  
• The Hated Property Tax: Salience, Tax Rates, and Tax Revolts
  Marika Cabral and Caroline Hoxby #18514 (ED   PE   POL)
  
• Information Acquisition in Rumor Based Bank Runs
  Zhiguo He and Asaf Manela #18513 (CF   ME)
  
• Ethnic Inequality
  Alberto F. Alesina, Stelios Michalopoulos, and Elias Papaioannou #18512 (DEV   EFG   POL)
  
• Do Women Avoid Salary Negotiations? Evidence from a Large Scale Natural Field Experiment
  Andreas Leibbrandt and John A. List #18511 (LS)
  
• LEADS on Macroeconomic Risks to and from the Household Sector
  Jonathan A. Parker #18510 (AP   EFG   ME)
  
• Trust and Cheating
  Jeffrey V. Butler, Paola Giuliano, and Luigi Guiso #18509 (POL)
  
• Estimates of the Trade and Welfare Effects of NAFTA
  Lorenzo Caliendo and Fernando Parro #18508 (ITI)
  
• Understanding the Long-Run Decline in Interstate Migration
  Greg Kaplan and Sam Schulhofer-Wohl #18507 (EFG   LS)
  
• The Role of Technological Change in Green Growth
  David Popp #18506 (EEE   PR)
  
• Challenges in Identifying and Measuring Systemic Risk
  Lars Peter Hansen #18505 (CF)
  
• Trade Policy and Wage Inequality: A Structural Analysis with Occupational and Sectoral Mobility
  Erhan Artuç and John McLaren #18503 (ITI)
  
• Retirement Pay and Officer Retention
  Jeffrey S. Smith and James E. West #18502 (LS)
  
• Merging Simulation and Projection Approaches to Solve High-Dimensional Problems
  Kenneth L. Judd, Lilia Maliar, and Serguei Maliar #18501 (EFG   PE   TWP)
  
• Did the New Deal Solidify the 1932 Democratic Realignment?
  Shawn Kantor, Price V. Fishback, and John Joseph Wallis #18500 (DAE   POL)
  

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Weekly papers: released by October 30, 2012

• Retractions
  Pierre Azoulay, Jeffrey L. Furman, Joshua L. Krieger, and Fiona E. Murray #18499 (PR)
  
• Value-Added Exchange Rates
  Rudolfs Bems and Robert C. Johnson #18498 (IFM   ITI)
  
• Tax Multipliers: Pitfalls in Measurement and Identification
  Daniel Riera-Crichton, Carlos A. Vegh, and Guillermo Vuletin #18497 (IFM)
  
• Rare Disasters, Tail-Hedged Investments, and Risk-Adjusted Discount Rates
  Martin L. Weitzman #18496 (EEE)
  
• A Theory of the Firm based on Partner Displacement
  Thomas F. Hellmann and Veikko Thiele #18495 (IO   PR)
  
• Words in Patents: Research Inputs and the Value of Innovativeness in Invention
  Mikko Packalen and Jay Bhattacharya #18494 (HC   HE   PR)
  
• Early and Late Human Capital Investments, Borrowing Constraints, and the Family
  Elizabeth M. Caucutt and Lance Lochner #18493 (CH   ED   EFG   LS   PE)
  
• The Short-Run and Long-Run Effects of Behavioral Interventions: Experimental Evidence from Energy Conservation
  Hunt Allcott and Todd Rogers #18492 (EEE)
  
• Linking Benefits to Investment Performance in US Public Pension Systems
  Robert Novy-Marx and Joshua D. Rauh #18491 (AG   AP   PE)
  
• The African Growth Miracle
  Alwyn Young #18490 (EFG)
  
• The Revenue Demands of Public Employee Pension Promises
  Robert Novy-Marx and Joshua D. Rauh #18489 (AG   PE)
  
• Defined Benefit Pension Plan Distribution Decisions by Public Sector Employees
  Robert L. Clark, Melinda S. Morrill, and David Vanderweide #18488 (AG   LS   PE)
  

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Weekly papers: released by October 22, 2012

• School Segregation, Educational Attainment and Crime: Evidence from the end of busing in Charlotte-Mecklenburg
  Stephen B. Billings, David J. Deming, and Jonah E. Rockoff #18487 (CH   DAE   ED)
  
• Understanding and Improving the Social Context of Well-Being
  John F. Helliwell #18486 (DEV      PE)
  
• Parental Investments in College and Later Cash Transfers
  Steven J. Haider and Kathleen M. McGarry #18485 (AG   CH   ED   LS   PE)
  
• The Effect of Schooling on Cognitive Skills
  Magnus Carlsson, Gordon B. Dahl, and Dan-Olof Rooth #18484 (CH   ED   LS   PE)
  
• International Taxation and Cross-Border Banking
  Harry Huizinga, Johannes Voget, and Wolf Wagner #18483 (   PE)
  
• Long Horizon Uncovered Interest Parity Re-Assessed
  Menzie D. Chinn and Saad Quayyum #18482 (IFM)
  
• Cost Effectiveness Analysis and the Design of Cost-Sharing in Insurance: Solving a Puzzle
  Mark Pauly #18481 (HC   HE)
  
• The Labor Market Consequences of Financial Crises With or Without Inflation: Jobless and Wageless Recoveries
  Guillermo A. Calvo, Fabrizio Coricelli, and Pablo Ottonello #18480 (IFM)
  
• Reform of Ill-health Retirement Benefits for Police in England and Wales: The roles of National Policy and Local Finance
  Rowena Crawford and Richard Disney #18479 (PE)
  
• Robust Standard Errors in Small Samples: Some Practical Advice
  Guido W. Imbens and Michal Kolesar #18478 (LS   PE   TWP)
  
• Do Schooling Laws Matter? Evidence from the Introduction of Compulsory Attendance Laws in the United States
  Karen Clay, Jeff Lingwall, and Melvin Stephens, Jr. #18477 (DAE   LS)
  
• Financial Constraints on Corporate Goodness
  Harrison Hong, Jeffrey D. Kubik, and Jose A. Scheinkman #18476 (CF)
  
• Popularity
  Gabriella Conti, Andrea Galeotti, Gerrit Mueller, and Stephen Pudney #18475 (AG   CH   ED   LS)
  
• Diasporas and Outsourcing: Evidence from oDesk and India
  Ejaz Ghani, William R. Kerr, and Christopher T. Stanton #18474 (DEV   LS   PR)
  
• Non-linear Effects of Taxation on Growth
  Nir Jaimovich and Sergio Rebelo #18473 (EFG)
  
• Investment, Accounting, and the Salience of the Corporate Income Tax
  Jesse Edgerton #18472 (CF   PE)
  
• A Game Theoretic Foundation of Competitive Equilibria with Adverse Selection
  Nick Netzer and Florian Scheuer #18471 (EFG   IO   PE)
  
• Germs, Social Networks and Growth
  Alessandra Fogli and Laura Veldkamp #18470 (DEV   EFG)
  
• Is Psychological Well-being Linked to the Consumption of Fruit and Vegetables?
  David G. Blanchflower, Andrew J. Oswald, and Sarah Stewart-Brown #18469 (HE   LS)
  
• Behavioral Hazard in Health Insurance
  Katherine Baicker, Sendhil Mullainathan, and Joshua Schwartzstein #18468 (HC   HE   PE)
  
• Prior Selection for Vector Autoregressions
  Domenico Giannone, Michele Lenza, and Giorgio E. Primiceri #18467 (EFG   ME   TWP)
  
• The Economics of Child Well-Being
  Gabriella Conti and James J. Heckman #18466 (   CH   PE)
  
• The "Big C": Identifying Contagion
  Kristin Forbes #18465 (CF   IFM   ITI)
  
• The Gender Gap in Mathematics: Evidence from Low- and Middle-Income Countries
  Prashant Bharadwaj, Giacomo De Giorgi, David Hansen, and Christopher Neilson #18464 (CH   DEV   ED   LS)
  
• Agricultural Decisions after Relaxing Credit and Risk Constraints
  Dean Karlan, Robert Darko Osei, Isaac Osei-Akoto, and Christopher Udry #18463 (CF   LS   DEV)
  

---

Weekly papers: released by October 15, 2012

• Spatial and Temporal Heterogeneity of Marginal Emissions: Implications for Electric Cars and Other Electricity-Shifting Policies
  Joshua S. Graff Zivin, Matthew Kotchen, and Erin T. Mansur #18462 (EEE)
  
• Health, Human Capital Formation and Knowledge Production: Two Centuries of International Evidence
  Jakob Madsen #18461 (HE)
  
• Trust, Values and False Consensus
  Jeffrey Butler, Paola Giuliano, and Luigi Guiso #18460 (POL)
  
• Mobilizing Social Capital Through Employee Spinoffs
  Marc-Andreas Muendler and James E. Rauch #18459 (PR)
  
• Punishment and Cooperation in Stochastic Social Dilemmas
  Erte Xiao and Howard Kunreuther #18458 (TWP)
  
• Improving the Targeting of Treatment: Evidence from College Remediation
  Judith Scott-Clayton, Peter M. Crosta, and Clive R. Belfield #18457 (ED)
  
• Energy-Saving Technical Change
  John Hassler, Per Krusell, and Conny Olovsson #18456 (EEE   EFG)
  
• Who Ran on Repo?
  Gary B. Gorton and Andrew Metrick #18455 (AP   CF   ME)
  
• Financial Reforms and Capital Flows: Insights from General Equilibrium
  Alberto Martin and Jaume Ventura #18454 (IFM)
  
• Carrots that Look Like Sticks: Toward an Understanding of Multitasking Incentive Schemes
  Omar Al-Ubaydli, Steffen Andersen, Uri Gneezy, and John A. List #18453 (LS)
  
• Do prices reveal the presence of informed trading?
  Pierre Collin-Dufresne and Vyacheslav Fos #18452 (AP   CF   LE)
  
• Insider Trading, Stochastic Liquidity and Equilibrium Prices
  Pierre Collin-Dufresne and Vyacheslav Fos #18451 (AP   CF   EFG)
  
• Endogenous Dividend Dynamics and the Term Structure of Dividend Strips
  Frederico Belo, Pierre Collin-Dufresne, and Robert S. Goldstein #18450 (AP   CF   EFG)
  
• Estimation of Dynamic Discrete Choice Models in Continuous Time
  Peter Arcidiacono, Patrick Bayer, Jason R. Blevins, and Paul B. Ellickson #18449 (IO   TWP)
  
• Public Plans and Short-Term Employees
  Alicia Munnell, Jean-Pierre Aubry, Joshua Hurwitz, and Laura Quinby #18448 (LS   PE)
  
• The Geography of the Great Recession
  Enoch Hill, Alessandra Fogli, and Fabrizio Perri #18447 (EFG)
  
• Dynamic Aspects of Family Transfers
  Kathleen McGarry #18446 (AG   LS   PE)
  
• Can’t We All Be More Like Scandinavians? Asymmetric Growth and Institutions in an Interdependent World
  Daron Acemoglu, James A. Robinson, and Thierry Verdier #18441 (IFM   ITI   POL)
  
• Under-Savers Anonymous: Evidence on Self-Help Groups and Peer Pressure as a Savings Commitment Device
  Felipe Kast, Stephan Meier, and Dina Pomeranz #18417 (DEV)
  

---

Weekly papers: released by October 8, 2012

• Consumption Inequality and Family Labor Supply
  Richard Blundell, Luigi Pistaferri, and Itay Saporta-Eksten #18445 (LS   ME)
  
• The Problem of the Uninsured
  Isaac Ehrlich and Yong Yin #18444 (HE)
  
• Cross Country Fairness Considerations and Country Implications of Alternative Approaches to a Global Emission Reduction Regime
  Huifang Tian, Xiaojun Shi , and John Whalley #18443 (EEE)
  
• The Impact of Tax Incentives on the Economic Activity of Entrepreneurs
  Jarkko Harju and Tuomas Kosonen #18442 (PE)
  
• The Effect of Tax Rates and Tax Bases on Corporate Tax Revenues: Estimates with New Measures of the Corporate Tax Base
  Laura Kawano and Joel Slemrod #18440 (PE)
  
• Incentive Strength and Teacher Productivity: Evidence from a Group-Based Teacher Incentive Pay System
  Scott A. Imberman and Michael F. Lovenheim #18439 (CH   ED   LS   PE)
  
• Trade and Geography in the Origins and Spread of Islam
  Stelios Michalopoulos, Alireza Naghavi, and Giovanni Prarolo #18438 (DEV   EFG   POL)
  
• The White/Black Educational Gap, Stalled Progress, and the Long Term Consequences of the Emergence of Crack Cocaine Markets
  William N. Evans, Craig Garthwaite, and Timothy J. Moore #18437 (ED   LS   PE)
  
• The Impact of Time Between Cognitive Tasks on Performance: Evidence from Advanced Placement Exams
  Ian Fillmore and Devin G. Pope #18436 (ED   LS)
  
• Digesting Anomalies: An Investment Approach
  Kewei Hou, Chen Xue, and Lu Zhang #18435 (AP   CF   EFG)
  
• Structural and Cyclical Forces in the Labor Market During the Great Recession: Cross-Country Evidence
  Luca Sala, Ulf Söderström, and Antonella Trigari #18434 (ME)
  
• Social Insurance: Connecting Theory to Data
  Raj Chetty and Amy Finkelstein #18433 (HC   LS   PE)
  
• Housing Dynamics over the Business Cycle
  Finn E. Kydland, Peter Rupert, and Roman Sustek #18432 (EFG   ME)
  
• Financial Intermediation, Exchange Rates, and Unconventional Policy in an Open Economy
  Luis Felipe Céspedes, Roberto Chang, and Andrés Velasco #18431 (EFG   IFM   ME)
  
• Cost-Sharing and Productivity
  Teresa B. Gibson, A. Mark Fendrick, and Michael E. Chernew #18402 (HE)
  

---

Weekly papers: released by October 1, 2012

• The Friends Factor: How Students' Social Networks Affect Their Academic Achievement and Well-Being?
  Victor Lavy and Edith Sand #18430 (   ED   LS)
  
• The Production of Human Capital: Endowments, Investments and Fertility
  Anna Aizer and Flávio Cunha #18429 (CH   ED   LS   PE)
  
• Non-Core Bank Liabilities and Financial Vulnerability
  Joon-Ho Hahm, Hyun Song Shin, and Kwanho Shin #18428 (CF   IFM)
  
• The Effects of Reconstruction Finance Corporation Assistance on Michigan’s Banks’ Survival in the 1930s
  Charles W. Calomiris, Joseph R. Mason, Marc Weidenmier, and Katherine Bobroff #18427 (CF   DAE   ME)
  
• Recent Marginal Labor Income Tax Rate Changes by Skill and Marital Status
  Casey B. Mulligan #18426 (LS   PE)
  
• How Is Power Shared In Africa?
  Patrick Francois, Ilia Rainer, and Francesco Trebbi #18425 (POL   DEV)
  
• New Tools for the Analysis of Political Power in Africa
  Ilia Rainer and Francesco Trebbi #18424 (POL   DEV)
  
• The design of fiscal adjustments
  Alberto F. Alesina and Silvia Ardagna #18423 (POL)
  
• Maternal Stress and Child Outcomes: Evidence from Siblings
  Anna Aizer, Laura Stroud, and Stephen Buka #18422 (CH   ED   HE   LS   PE)
  
• Qualitative Easing: How it Works and Why it Matters
  Roger E.A. Farmer #18421 (EFG)
  
• Uncertainty Shocks in a Model of Eff.ective Demand
  Susanto Basu and Brent Bundick #18420 (EFG   ME)
  
• Teacher Quality Policy When Supply Matters
  Jesse Rothstein #18419 (CH   ED   LS)
  
• A Fundamental Enforcement Cost Advantage of the Negligence Rule over Regulation
  Steven Shavell #18418 (LE)
  

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