New This Week Archive

NBER Working Papers released in the past, by week.

Weekly papers released by December 30, 2013

• The Perils of Peer Effects
  Joshua Angrist #19774 (CH   ED)
  
• Unintended Consequences of LOLR Facilities: The Case of Illiquid Leverage
  Viral V. Acharya and Bruce Tuckman #19773 (CF   IFM   ME)
  
• The Causal Effect of Unemployment Duration on Wages: Evidence from Unemployment Insurance Extensions
  Johannes F. Schmieder, Till M. von Wachter, and Stefan Bender #19772 (LS   PE)
  
• Wedges, Wages, and Productivity under the Affordable Care Act
  Casey B. Mulligan and Trevor S. Gallen #19771 (EFG   LS   PE)
  
• Wedges, Labor Market Behavior, and Health Insurance Coverage under the Affordable Care Act
  Trevor S. Gallen and Casey B. Mulligan #19770 (HE   PE)
  
• Does Secular Education Impact Religiosity, Electoral Participation and the Propensity to Vote for Islamic Parties? Evidence from an Education Reform in a Muslim Country
  Resul Cesur and Naci H. Mocan #19769 (CH   HE   LE)
  
• Does Religion Affect Economic Growth and Happiness? Evidence from Ramadan
  Filipe R. Campante and David H. Yanagizawa-Drott #19768 (DEV   EFG   POL)
  
• Technological Learning and Labor Market Dynamics
  Martin Gervais, Nir Jaimovich, Henry E. Siu, and Yaniv Yedid-Levi #19767 (EFG)
  
• Market-based Lobbying: Evidence from Advertising Spending in Italy
  Stefano DellaVigna, Ruben Durante, Brian Knight, and Eliana La Ferrara #19766 (IO   LE   LS   PE   POL)
  
• All-Units Discounts: Experimental Evidence from the Vending Industry
  Christopher T. Conlon and Julie Holland Mortimer #19709 (IO)
  

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Weekly papers released by December 23, 2013

• Awareness Reduces Racial Bias
  Devin G. Pope, Joseph Price, and Justin Wolfers #19765 (LS   PE)
  
• Dynamic Commercialization Strategies for Disruptive Technologies: Evidence from the Speech Recognition Industry
  Matt Marx, Joshua S. Gans, and David H. Hsu #19764 (PR)
  
• Buy, Keep or Sell: Economic Growth and the Market for Ideas
  Ufuk Akcigit, Murat Alp Celik, and Jeremy Greenwood #19763 (EFG   IO   PR)
  
• Returns to Skills around the World: Evidence from PIAAC
  Eric A. Hanushek, Guido Schwerdt, Simon Wiederhold, and Ludger Woessmann #19762 (ED   LS   PE)
  
• The Effect of U.S. Health Insurance Expansions on Medical Innovation
  Jeffrey Clemens #19761 (HC   HE   PE   PR)
  
• Employer Contribution and Premium Growth in Health Insurance
  Yiyan Liu and Ginger Zhe Jin #19760 (IO)
  
• The Tradability of Services: Geographic Concentration and Trade Costs
  Antoine Gervais and J. Bradford Jensen #19759 (ITI)
  
• O.M.W. Sprague (the Man who “Wrote the Book” on Financial Crises) and the Founding of the Federal Reserve
  Hugh Rockoff #19758 (DAE)
  
• Simulating the Elimination of the U.S. Corporate Income Tax
  Hans Fehr, Sabine Jokisch, Ashwin Kambhampati, and Laurence J. Kotlikoff #19757 (CF)
  
• Mitigating Long-run Health Effects of Drought: Evidence from South Africa
  Taryn Dinkelman #19756 (CH   DEV   HE)
  
• The Nature and Incidence of Software Piracy: Evidence from Windows
  Susan Athey and Scott Stern #19755 (IO   PR)
  
• Per-capita Income as a Determinant of International Trade and Environmental Policies
  James R. Markusen #19754 (EEE   ITI)
  
• The Roles of Assimilation and Ethnic Enclave Residence in Immigrant Smoking
  Johanna Catherine Maclean, Douglas Webber, and Jody L. Sindelar #19753 (HE)
  
• Revenue Tariff Reform
  James E. Anderson and J. Peter Neary #19752 (ITI)
  
• Export or Merge? Proximity vs. Concentration in Product Space
  Marc-Andreas Muendler #19751 (IO   ITI)
  
• Culture and Institutions
  Alberto Alesina and Paola Giuliano #19750 (POL)
  
• The Output and Welfare Effects of Fiscal Shocks over the Business Cycle
  Eric Sims and Jonathan Wolff #19749 (EFG   ME)
  
• Was This Time Different? Fiscal Policy in Commodity Republics
  Luis Felipe Céspedes and Andrés Velasco #19748 (IFM)
  
• Is Bitcoin a Real Currency?
  David Yermack #19747 (LE   ME)
  
• Democracy, Redistribution and Inequality
  Daron Acemoglu, Suresh Naidu, Pascual Restrepo, and James A. Robinson #19746 (POL)
  
• A World of Cities: The Causes and Consequences of Urbanization in Poorer Countries
  Edward L. Glaeser #19745 (DEV)
  
• Mortgages and Monetary Policy
  Carlos Garriga, Finn E. Kydland, and Roman Sustek #19744 (EFG)
  
• Flip the Switch: The Spatial Impact of the Rural Electrification Administration 1935-1940
  Carl Kitchens and Price Fishback #19743 (DAE)
  
• Endogenous Stratification in Randomized Experiments
  Alberto Abadie, Matthew M. Chingos, and Martin R. West #19742 (CH   DEV   ED   HE   LS   PE   TWP)
  
• The Effects of Paid Family Leave in California on Labor Market Outcomes
  Charles L. Baum and Christopher J. Ruhm #19741 (CH   LS   PE)
  
• Business Literacy and Development: Evidence from a Randomized Controlled Trial in Rural Mexico
  Gabriela Calderon, Jesse M. Cunha, and Giacomo De Giorgi #19740 (DEV   ED)
  
• China's Growth, Stability, and Use of International Reserves
  Joshua Aizenman, Yothin Jinjarak, and Nancy P. Marion #19739 (IFM)
  
• Risk and Return in Village Economies
  Krislert Samphantharak and Robert Townsend #19738 (AP   DEV   PR)
  

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Weekly papers released by December 16, 2013

• Private Politics and Public Regulation
  Georgy Egorov and Bård Harstad #19737 (POL)
  
• The Economic Cost of Global Fuel Subsidies
  Lucas W. Davis #19736 (EEE)
  
• The Impacts of Expanding Access to High-Quality Preschool Education
  Elizabeth U. Cascio and Diane Whitmore Schanzenbach #19735 (CH   ED   LS   PE)
  
• Endogenous Property Rights
  Daniel Diermeier, Georgy Egorov, and Konstantin Sonin #19734 (POL)
  
• Economic Transition and Private-Sector Labor Demand: Evidence from Urban China
  Lakshmi Iyer, Xin Meng, Nancy Qian, and Xiaoxue Zhao #19733 (DEV   LS)
  
• Time is Money: Life Cycle Rational Inertia and Delegation of Investment Management
  Hugh H. Kim, Raimond Maurer, and Olivia S. Mitchell #19732 (AG   LS)
  
• Bid Takers or Market Makers? The Effect of Auctioneers on Auction Outcomes
  Nicola Lacetera, Bradley J. Larsen, Devin G. Pope, and Justin R. Sydnor #19731 (IO   LS   PR)
  
• Does the Use of Worker Flows Improve the Analysis of Establishment Turnover? Evidence from German Administrative Data
  Tanja Hethey-Maier and Johannes F. Schmieder #19730 (LS   PR)
  
• The Economics of Energy Security
  Gilbert E. Metcalf #19729 (EEE)
  
• Have Financial Markets Become More Informative?
  Jennie Bai, Thomas Philippon, and Alexi Savov #19728 (AP   CF   EFG   ME)
  
• Employee Spinouts, Social Networks, and Family Firms
  James E. Rauch #19727 (PR)
  
• The Effect of Patient Cost Sharing on Utilization, Health, and Risk Protection
  Hitoshi Shigeoka #19726 (HC)
  
• Feeling the Heat: Temperature, Physiology & the Wealth of Nations
  Geoffrey Heal and Jisung Park #19725 (EEE   LS)
  
• The Social Security Windfall Elimination and Government Pension Offset Provisions for Public Employees in the Health and Retirement Study
  Alan L. Gustman, Thomas L. Steinmeier, and Nahid Tabatabai #19724 (AG   LS   PE)
  
• Can Non-Interest Rate Policies Stabilize Housing Markets? Evidence from a Panel of 57 Economies
  Kenneth N. Kuttner and Ilhyock Shim #19723 (ME)
  
• Managing the Family Firm: Evidence from CEOs at Work
  Oriana Bandiera, Andrea Prat, and Raffaella Sadun #19722 (CF   DEV   LS   PR)
  
• Estimating Habit Formation in Voting
  Thomas Fujiwara, Kyle C. Meng, and Tom Vogl #19721 (PE   POL)
  
• Calculating Disease-Based Medical Care Expenditure Indexes for Medicare Beneficiaries: A Comparison of Method and Data Choices
  Anne E. Hall and Tina Highfill #19720 (AG   HC   PR)
  
• Going into the Affordable Care Act: Measuring the Size, Structure and Performance of the Individual and Small Group Markets for Health Insurance
  Pinar Karaca-Mandic, Jean M. Abraham, Kosali Simon, and Roger Feldman #19719 (HC   HE)
  
• Exchange rate dynamics revisited
  Jorge Braga de Macedo and Urho Lempinen #19718 (IFM)
  
• Take the Short Route: How to Repay and Restructure Sovereign Debt with Multiple Maturities
  Mark Aguiar and Manuel Amador #19717 (xEFG   IFM)
  

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Weekly papers released by December 9, 2013

• The Importance of Financial Resources for Student Loan Repayment
  Lance Lochner, Todd Stinebrickner, and Utku Suleymanoglu #19716 (ED   LS)
  
• Capital Reallocation and Aggregate Productivity
  Russell W. Cooper and Immo Schott #19715 (EFG)
  
• Fluctuations in Uncertainty
  Nicholas Bloom #19714 (AP   CF   EFG   IFM   ITI   ME   POL   PR)
  
• The Lightbulb Paradox: Evidence from Two Randomized Experiments
  Hunt Allcott and Dmitry Taubinsky #19713 (EEE   PE)
  
• Real-Time Forecasting with a Mixed-Frequency VAR
  Frank Schorfheide and Dongho Song #19712 (EFG   ME)
  
• Conventional and Unconventional Monetary Policy with Endogenous Collateral Constraints
  Aloísio Araújo, Susan Schommer, and Michael Woodford #19711 (EFG   ME)
  
• Colonial New Jersey's Paper Money Regime, 1709-1775: A Forensic Accounting Reconstruction of the Data
  Farley Grubb #19710 (DAE)
  
• Financial Dependence and Innovation: The Case of Public versus Private Firms
  Viral V. Acharya and Zhaoxia Xu #19708 (CF   PR)
  
• Bank Capital and Dividend Externalities
  Viral V. Acharya, Hanh Le, and Hyun Song Shin #19707 (CF)
  
• Are Commodity Futures Prices Barometers of the Global Economy?
  Conghui Hu and Wei Xiong #19706 (AP   IFM)
  
• Parameter Learning in General Equilibrium: The Asset Pricing Implications
  Pierre Collin-Dufresne, Michael Johannes, and Lars A. Lochstoer #19705 (AP   EFG)
  
• Optimal Time-Consistent Macroprudential Policy
  Javier Bianchi and Enrique G. Mendoza #19704 (AP   EFG   IFM   ME)
  
• An Experimental Approach to Merger Evaluation
  Christopher T. Conlon and Julie Holland Mortimer #19703 (IO)
  
• After the Drought: The Impact of Microinsurance on Consumption Smoothing and Asset Protection
  Sarah A. Janzen and Michael R. Carter #19702 (DEV)
  
• The Value of Connections in Turbulent Times: Evidence from the United States
  Daron Acemoglu, Simon Johnson, Amir Kermani, James Kwak, and Todd Mitton #19701 (CF   POL)
  
• Is This Time Different? The Slowdown in Healthcare Spending
  Amitabh Chandra, Jonathan Holmes, and Jonathan Skinner #19700 (AG   HC   HE   PR)
  
• Accounting for Income Changes over the Great Recession (2007-2010) Relative to Previous Recessions: The Importance of Taxes and Transfers
  Jeff Larrimore, Richard V. Burkhauser, and Philip Armour #19699 (LS   PE)
  
• Advancing the Empirical Research on Lobbying
  John M. de Figueiredo and Brian Kelleher Richter #19698 (LE   PE   POL)
  
• Internal Geography, International Trade, and Regional Specialization
  A. Kerem Co.şar and Pablo D. Fajgelbaum #19697 (ITI)
  
• Follow the Money: Methods for Identifying Consumption and Investment Responses to a Liquidity Shock
  Dean Karlan, Adam Osman, and Jonathan Zinman #19696 (DEV   LE   LS)
  
• Salience Theory of Judicial Decisions
  Pedro Bordalo, Nicola Gennaioli, and Andrei Shleifer #19695 (LE)
  
• Does Knowledge Accumulation Increase the Returns to Collaboration?
  Ajay Agrawal, Avi Goldfarb, and Florenta Teodoridis #19694 (PR)
  
• Assessing DSGE Model Nonlinearities
  S. Borağan Aruoba, Luigi Bocola, and Frank Schorfheide #19693 (EFG   ME)
  
• Using the New Products Margin to Predict the Industry-Level Impact of Trade Reform
  Timothy J. Kehoe, Jack M. Rossbach, and Kim J. Ruhl #19692 (EFG   ITI)
  
• Business Groups in the United States: A Revised History of Corporate Ownership, Pyramids and Regulation, 1930-1950
  Eugene Kandel, Konstantin Kosenko, Randall Morck, and Yishay Yafeh #19691 (CF)
  
• School, what is it good for? Useful Human Capital and the History of Public Education in Central Europe
  Tomas Cvrcek and Miroslav Zajicek #19690 (DAE   ED)
  
• Comparative Advantage and Optimal Trade Policy
  Arnaud Costinot, Dave Donaldson, Jonathan Vogel, and Ivan Werning #19689 (ITI)
  
• Corporate Cash Holding in Asia
  Charles Y. Horioka and Akiko Terada-Hagiwara #19688 (CF   DEV)
  

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Weekly papers released by December 2, 2013

• The Endless Frontier: Reaping what Bush Sowed?
  Paula Stephan #19687 (LS   PR)
  
• Inflation's Role in Optimal Monetary-Fiscal Policy
  Eric M. Leeper and Xuan Zhou #19686 (EFG)
  
• Health and the Economy in the United States, from 1750 to the Present
  Dora Costa #19685 (AG   CH   DAE   HC   HE)
  
• Maximum likelihood estimation of the equity premium
  Efstathios Avdis and Jessica A. Wachter #19684 (AP   EFG   TWP)
  
• Jobless Recoveries During Financial Crises: Is Inflation the Way Out?
  Guillermo Calvo, Fabrizio Coricelli, and Pablo Ottonello #19683 (IFM)
  
• Consumer Credit: Too Much or Too Little (or Just Right)?
  Jonathan Zinman #19682 (DEV   EFG   LE)
  
• Buffett's Alpha
  Andrea Frazzini, David Kabiller, and Lasse H. Pedersen #19681 (AP)
  
• Housing Collateral and Entrepreneurship
  Martin C. Schmalz, David A. Sraer, and David Thesmar #19680 (CF   PR)
  
• Deals Not Done: Sources of Failure in the Market for Ideas
  Ajay Agrawal, Iain Cockburn, and Laurina Zhang #19679 (PR)
  
• The Cyclicality of the Opportunity Cost of Employment
  Gabriel Chodorow-Reich and Loukas Karabarbounis #19678 (EFG   LS)
  

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Weekly papers released by November 25, 2013

• Quantifying International Production Sharing at the Bilateral and Sector Level
  Zhi Wang, Shang-Jin Wei, and Kunfu Zhu #19677 (ITI)
  
• Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out Effects
  Fernando Broner, Aitor Erce, Alberto Martin, and Jaume Ventura #19676 (   EFG)
  
• Ideology and Online News
  Matthew Gentzkow and Jesse M. Shapiro #19675 (IO)
  
• Learning by Doing in a Multi-Product Manufacturing Environment: Product Variety, Customizations, and Overlapping Product Generations
  Carolyn D. Egelman, Dennis Epple, Linda Argote, and Erica R.H. Fuchs #19674 (PR)
  
• Reinventing the Wheel: The Economic Benefits of Wheeled Transportation in Early British Colonial West Africa
  Isaías N. Chaves, Stanley L. Engerman, and James A. Robinson #19673 (DAE)
  
• Unemployment Insurance and Disability Insurance in the Great Recession
  Andreas I. Mueller, Jesse Rothstein, and Till M. von Wachter #19672 (AG)
  
• Are Capital Controls Prudential? An Empirical Investigation
  Andrés Fernández, Alessandro Rebucci, and Martín Uribe #19671 (EFG   IFM)
  
• Why Do Hedgers Trade So Much?
  Ing-Haw Cheng and Wei Xiong #19670 (AP   CF)
  
• Liquidity and Governance
  Kerry Back, Tao Li, and Alexander Ljungqvist #19669 (CF)
  
• Distributional Effects of Macroeconomic Policy Choices in Emerging Market Economies
  Eswar S. Prasad #19668 (IFM)
  
• Idea Flows, Economic Growth, and Trade
  Fernando E. Alvarez, Francisco J. Buera, and Robert E. Lucas, Jr. #19667 (EFG   ITI)
  
• On the Generalizability of Experimental Results in Economics: With A Response To Camerer
  Omar Al-Ubaydli and John A. List #19666 (EEE)
  
• Toward an Understanding of why Suggestions Work in Charitable Fundraising: Theory and Evidence from a Natural Field Experiment
  James T. Edwards and John A. List #19665 (EEE   PE)
  
• Standard-Essential Patents
  Josh Lerner and Jean Tirole #19664 (PR)
  
• Better Luck Next Time: Learning Through Retaking
  Verónica Frisancho, Kala Krishna, Sergey Lychagin, and Cemile Yavas #19663 (DEV   ED   LS)
  
• China: An Institutional View of an Unusual Macroeconomy
  David Dollar and Benjamin F. Jones #19662 (DEV   EFG   POL   PR)
  
• Human Capital and Fertility in Chinese Clans Before Modern Growth
  Carol H. Shiue #19661 (EFG)
  
• Testing the Theory of Multitasking: Evidence from a Natural Field Experiment in Chinese Factories
  Fuhai Hong, Tanjim Hossain, John A. List, and Migiwa Tanaka #19660 (LS)
  
• People, Places and Public Policy: Some Simple Welfare Economics of Local Economic Development Programs
  Patrick Kline and Enrico Moretti #19659 (LS   PE   PR)
  
• Skilled Immigration and the Employment Structures of U.S. Firms
  Sari Pekkala Kerr, William R. Kerr, and William F. Lincoln #19658 (AG   ITI   LS   PR)
  
• Heterogeneous Technology Diffusion and Ricardian Trade Patterns
  William R. Kerr #19657 (DEV   EFG   ITI   LS   PR)
  
• Price and Quality Dispersion in an Offshoring Market: Evidence from Semiconductor Production Services
  David Byrne, Brian K. Kovak, and Ryan Michaels #19637 (ITI   PR)
  

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Weekly papers released by November 18, 2013

• Fostering and Measuring Skills: Interventions That Improve Character and Cognition
  James J. Heckman and Tim Kautz #19656 (CH   ED)
  
• Asia Chartbook: Crises, Credit and Debt, 1835-2013
  Carmen M. Reinhart #19655 (IFM   ME)
  
• Making Nutritional Information Digestible: Effects of a Receipt-Based Intervention on Restaurant Purchases
  Kelly Bedard and Peter J. Kuhn #19654 (HE   LS   PE)
  
• Collaboration, Stars, and the Changing Organization of Science: Evidence from Evolutionary Biology
  Ajay Agrawal, John McHale, and Alexander Oettl #19653 (PR)
  
• Crowding Out Redefined: The Role of Reserve Accumulation
  Carmen M. Reinhart and Takeshi Tashiro #19652 (IFM   ME)
  
• Volatility and Pass-through
  David Berger and Joseph S. Vavra #19651 (EFG   IFM   ME)
  
• Distilling the Macroeconomic News Flow
  Alessandro Beber, Michael W. Brandt, and Maurizio Luisi #19650 (AP)
  
• Dishonesty and Selection into Public Service
  Rema Hanna and Shing-Yi Wang #19649 (DEV)
  
• The Economics of China: Successes and Challenges
  Shenggen Fan, Ravi Kanbur, Shang-Jin Wei, and Xiaobo Zhang #19648 (DEV)
  
• Patent Value and Citations: Creative Destruction or Strategic Disruption?
  David S. Abrams, Ufuk Akcigit, and Jillian Popadak #19647 (EFG   IO   LE   PR)
  
• Targeting ultra-poor households in Honduras and Peru
  Dean Karlan and Bram Thuysbaert #19646 (DEV   LS)
  
• Reducing Moral Hazard in Employment Relationships: Experimental Evidence on Managerial Control and Performance Pay
  C. Kirabo Jackson and Henry S. Schneider #19645 (   LS   PE)
  
• Can Negotiating a Uniform Carbon Price Help to Internalize the Global Warming Externality?
  Martin Weitzman #19644 (EEE)
  
• The Cost of Capital for Alternative Investments
  Jakub W. Jurek and Erik Stafford #19643 (AP)
  
• The Financialization of Commodity Markets
  Ing-Haw Cheng and Wei Xiong #19642 (AP   EEE   IFM   ME)
  
• Ricardian Productivity Differences and the Gains from Trade
  Andrei A. Levchenko and Jing Zhang #19641 (IFM   ITI)
  
• Recall and Unemployment
  Shigeru Fujita and Giuseppe Moscarini #19640 (EFG)
  
• Enrollment in Medicare Advantage Plans in Miami-Dade County: Evidence of Status Quo Bias?
  Anna D. Sinaiko, Christopher C. Afendulis, and Richard G. Frank #19639 (AG   HC)
  
• Macroeconomic Determinants of Retirement Timing
  Yuriy Gorodnichenko, Jae Song, and Dmitriy Stolyarov #19638 (AG   EFG   ME)
  
• Unintended Consequences of Transportation Carbon Policies: Land-Use, Emissions, and Innovation
  Stephen P. Holland, Jonathan E. Hughes, Christopher R. Knittel, and Nathan C. Parker #19636 (EEE)
  
• The Effects of the Saving and Banking Glut on the U.S. Economy
  Alejandro Justiniano, Giorgio Primiceri, and Andrea Tambalotti #19635 (EFG   IFM   ME)
  
• Understanding Media Markets in the Digital Age: Economics and Methodology
  Brett Danaher, Samita Dhanasobhon, Michael D. Smith, and Rahul Telang #19634 (IO)
  
• Financing as a Supply Chain: The Capital Structure of Banks and Borrowers
  William Gornall and Ilya A. Strebulaev #19633 (AP   CF)
  
• Multiple Dimensions of Private Information in Life Insurance Markets
  Xi Wu and Li Gan #19629 (AG   HE)
  

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Weekly papers relesed by November 11, 2013

• Surprising Similarities: Recent Monetary Regimes of Small Economies
  Andrew K. Rose #19632 (IFM)
  
• When Ideas Trump Interests: Preferences, World Views, and Policy Innovations
  Dani Rodrik #19631 (DEV   ITI   POL)
  
• Wait-and-See: Investment Options under Policy Uncertainty
  Nancy L. Stokey #19630 (EFG)
  
• The Agricultural Productivity Gap
  Douglas Gollin, David Lagakos, and Michael E. Waugh #19628 (EFG)
  
• The Consequences of Teenage Childbearing Before Roe v Wade
  Kevin Lang and Russell Weinstein #19627 (LS)
  
• Enforcement and Immigrant Location Choice
  Tara Watson #19626 (HE   LE   LS   PE)
  
• Betting on Secession: Quantifying Political Events Surrounding Slavery and the Civil War
  Charles W. Calomiris and Jonathan Pritchett #19625 (AP   DAE   POL)
  
• The Evolving Geography of China’s Industrial Production: Implications for Pollution Dynamics and Urban Quality of Life
  Siqi Zheng, Cong Sun, Ye Qi, and Matthew E. Kahn #19624 (EEE   IO   ITI   POL)
  
• The Term Structure of Currency Carry Trade Risk Premia
  Hanno Lustig, Andreas Stathopoulos, and Adrien Verdelhan #19623 (AP   EFG   IFM)
  
• Moral Hazard and Economies of Scope in Physician Ownership of Complementary Medical Services
  Brian K. Chen, Paul J. Gertler, and Chuh-Yuh Yang #19622 (HC   HE   IO      LS)
  
• The Impact of Headquarter and Subsidiary Locations on Multinationals’ Effective Tax Rates
  Kevin S. Markle and Douglas A. Shackelford #19621 (PE)
  
• Pollution Control Effort at China’s River Borders: When Does Free Riding Cease?
  Matthew E. Kahn, Pei Li, and Daxuan Zhao #19620 (EEE   PE   POL)
  
• Moral Hazard, Informed Trading, and Stock Prices
  Pierre Collin-Dufresne and Vyacheslav Fos #19619 (AP   CF)
  
• Financial Obstacles and Inter-Regional Flow of Funds
  Benjamin Moll, Robert M. Townsend, and Victor Zhorin #19618 (DEV)
  
• Dynamic Financial Constraints: Distinguishing Mechanism Design from Exogenously Incomplete Regimes
  Alexander Karaivanov and Robert M. Townsend #19617 (DEV)
  
• Moving out of Agriculture: Structural Change in Vietnam
  Brian McCaig and Nina Pavcnik #19616 (DEV   ITI)
  
• Confucianism and Preferences: Evidence from Lab Experiments in Taiwan and China
  Elaine M. Liu, Juanjuan Meng, and Joseph Tao-yi Wang #19615 (DEV)
  
• Why ask Why? Forward Causal Inference and Reverse Causal Questions
  Andrew Gelman and Guido Imbens #19614 (DEV   LS)
  
• Pass-through of Emissions Costs in Electricity Markets
  Natalia Fabra and Mar Reguant #19613 (EEE   IO)
  
• Valuing Private Equity
  Morten Sorensen, Neng Wang, and Jinqiang Yang #19612 (AP   CF)
  
• Option Prices in a Model with Stochastic Disaster Risk
  Sang Byung Seo and Jessica A. Wachter #19611 (AP)
  
• Mothers, Friends and Gender Identity
  Claudia Olivetti, Eleonora Patacchini, and Yves Zenou #19610 (LS)
  
• Are Closely-Held Firms Tax Shelters?
  Annette Alstadsæter, Wojciech Kopczuk, and Kjetil Telle #19609 (CF   PE)
  
• Russia’s Fiscal Gap
  Eugene Goryunov, Maria Kazakova, Laurence J. Kotlikoff, Arseny Mamedov, Kristina Nesterova, Vladimir Nazarov, Elena Grishina, Pavel Trunin, and Alexey Shpenev #19608 (PE)
  
• Credit Constraints and the Racial Gap in Post-Secondary Education in South Africa
  David Lam, Cally Ardington, Nicola Branson, and Murray Leibbrandt #19607 (vDEV   ED)
  

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Weekly papers relesed by November 4, 2013

• Collateral Valuation and Borrower Financial Constraints: Evidence from the Residential Real Estate Market
  Sumit Agarwal, Itzhak Ben-David, and Vincent Yao #19606 (AP   CF   LE   LS   POL)
  
• Amidst Poverty and Prejudice: Black and Irish Civil War Veterans
  Hoyt Bleakley, Louis Cain, and Joseph Ferrie #19605 (DAE)
  
• The Home Front: Rent Control and the Rapid Wartime Increase in Home Ownership
  Daniel K. Fetter #19604 (DAE)
  
• Malaria and Early African Development: Evidence from the Sickle Cell Trait
  Emilio Depetris-Chauvin and David N. Weil #19603 (DEV   EFG   HE)
  
• Perverse Consequences of Well Intentioned Regulation: Evidence from India's Child Labor Ban
  Prashant Bharadwaj, Leah K. Lakdawala, and Nicholas Li #19602 (CH   DEV)
  
• Experimentation in Federal Systems
  Steven Callander and BÃ¥rd Harstad #19601 (POL)
  
• Amerisclerosis? The Puzzle of Rising U.S. Unemployment Persistence
  Olivier Coibion, Yuriy Gorodnichenko, and Dmitri Koustas #19600 (EFG   LS   ME)
  
• Is There A Case for a "Second Demographic Transition"? Three Distinctive Features of the Post-1960 U.S. Fertility Decline
  Martha J. Bailey, Melanie E. Guldi, and Brad J. Hershbein #19599 (CH   DAE   DEV   LS)
  
• Is The Phillips Curve Alive and Well After All? Inflation Expectations and the Missing Disinflation
  Olivier Coibion and Yuriy Gorodnichenko #19598 (EFG   ME)
  
• Women's Education: Harbinger of Another Spring? Evidence from a Natural Experiment in Turkey
  Mehmet Alper Dinçer, Neeraj Kaushal, and Michael Grossman #19597 (CH   DEV   ED   HE)
  
• Why Has Japan's Massive Government Debt Not Wreaked Havoc (Yet)?
  Charles Y. Horioka, Takaaki Nomoto, and Akiko Terada-Hagiwara #19596 (IFM   PE)
  
• What Is the Case for Paid Maternity Leave?
  Gordon B. Dahl, Katrine V. Løken, Magne Mogstad, and Kari Vea Salvanes #19595 (CH   LS   PE)
  
• Risky Investments with Limited Commitment
  Thomas F. Cooley, Ramon Marimon, and Vincenzo Quadrini #19594 (CF)
  
• The Impact of Biomedical Knowledge Accumulation on Mortality: A Bibliometric Analysis of Cancer Data
  Frank R. Lichtenberg #19593 (AG   DAE   EFG   HC   PE   PR)
  
• Effects of Physician-Directed Pharmaceutical Promotion on Prescription Behaviors: Longitudinal Evidence
  Anusua Datta and Dhaval M. Dave #19592 (   HC   HE)
  
• Can Simple Informational Nudges Increase Employee Participation in a 401(k) Plan?
  Robert L. Clark, Jennifer A. Maki, and Melinda Sandler Morrill #19591 (AG   LS)
  
• The Joint Cross Section of Stocks and Options
  Byeong-Je An, Andrew Ang, Turan G. Bali, and Nusret Cakici #19590 (AP)
  
• Is the Consumer Expenditure Survey Representative by Income?
  John Sabelhaus, David Johnson, Stephen Ash, David Swanson, Thesia Garner, John Greenlees, and Steve Henderson #19589 (EFG)
  
• The Optimal Currency Area in a Liquidity Trap
  David Cook and Michael B. Devereux #19588 (IFM)
  
• Failing the Test? The Flexible U.S. Job Market in the Great Recession
  Richard B. Freeman #19587 (LS)
  

---

Weekly papers relesed by October 28, 2013

• Drive More Effective Data-Based Innovations: Enhancing the Utility of Secure Databases
  Yi Qian and Hui Xie #19586 (PR)
  
• Does Expansionary Monetary Policy Cause Asset Price Booms; Some Historical and Empirical Evidence
  Michael D. Bordo and John Landon-Lane #19585 DAE   ME)
  
• What Explains House Price Booms?: History and Empirical Evidence.
  Michael D. Bordo and John Landon-Lane #19584 (DAE   ME)
  
• How Family Status and Social Security Claiming Options Shape Optimal Life Cycle Portfolios
  Andreas Hubener, Raimond Maurer, and Olivia S. Mitchell #19583 (AG   LS)
  
• Constructing a PCE-Weighted Consumer Price Index
  Caitlin Blair #19582 (   EFG   LS   PE   TWP)
  
• The Medium-Term Impacts of High-Achieving Charter Schools on Non-Test Score Outcomes
  Will Dobbie and Roland G. Fryer, Jr #19581 (CH   ED   LS)
  
• The Mother of All Sudden Stops: Capital Flows and Reversals in Europe, 1919-32
  Olivier Accominotti and Barry Eichengreen #19580 (DAE   IFM)
  
• Consumption and Cash-Flow Taxes in an International Setting
  Alan J. Auerbach and Michael P. Devereux #19579 (PE)
  
• What Do We Learn from the Weather? The New Climate-Economy Literature
  Melissa Dell, Benjamin F. Jones, and Benjamin A. Olken #19578 (EEE   EFG)
  
• The Continental Dollar: How the American Revolution was Financed with Paper Money—Initial Design and Ideal Performance
  Farley Grubb #19577 (DAE)
  
• Small High Schools and Student Achievement: Lottery-Based Evidence from New York City
  Atila Abdulkadiroğlu, Weiwei Hu, and Parag A. Pathak #19576 (ED   LS   PE)
  
• Globalization, Democracy and Development
  Jorge Braga de Macedo, Luis Brites Pereira, Joaquim Oliveira Martins, and João Tovar Jalles #19575 (IFM)
  
• Who Pays for Public Employee Health Costs?
  Jeffrey Clemens and David M. Cutler #19574 (AG   ED   HC   LS   PE)
  
• Blockholders and Corporate Governance
  Alex Edmans #19573 (CF   LE)
  
• The Redistributive Effects of Financial Deregulation
  Anton Korinek and Jonathan Kreamer #19572 (CF   EFG   IFM)
  
• What Do We Know About Short and Long Term Effects of Early Life Exposure to Pollution?
  Janet Currie, Joshua S. Graff Zivin, Jamie Mullins, and Matthew J. Neidell #19571 (CH   EEE   HE   LS   PE)
  
• Home Bias and Local Contagion: Evidence from Funds of Hedge Funds
  Clemens Sialm, Zheng Sun, and Lu Zheng #19570 (AP)
  
• Defined Contribution Pension Plans: Sticky or Discerning Money?
  Clemens Sialm, Laura Starks, and Hanjiang Zhang #19569 (AG   AP   CF   PE)
  
• Shadow Insurance
  Ralph S.J. Koijen and Motohiro Yogo #19568 (AP   CF   PE)
  
• Bayesian Variable Selection for Nowcasting Economic Time Series
  Steven L. Scott and Hal R. Varian #19567 (PR)
  
• The Effects of Retiree Health Insurance Plan Characteristics on Retirees’ Choice and Employers’ Costs
  Robert Clark, Melinda Morrill, and David Vanderweide #19566 (HE   LS   PE)
  
• To Hold Out or Not to Hold Out
  Frank Schorfheide and Kenneth I. Wolpin #19565 (DEV   ED   EFG   HE   LS   ME   PE)
  
• Market Thickness and the Impact of Unemployment on Housing Market Outcomes
  Li Gan and Qinghua Zhang #19564 (AP)
  
• The Role of Retiree Health Insurance in the Early Retirement of Public Sector Employees
  John B. Shoven and Sita Slavov #19563 (AG)
  
• Evaluation of the College Possible Program: Results from a Randomized Controlled Trial
  Christopher Avery #19562 (ED)
  
• Patterns of Convergence and Divergence in the Euro Area
  Ángel Estrada, Jordi Galí, and David López-Salido #19561 (EFG   IFM   ME)
  
• Contracting Over the Disclosure of Scientific Knowledge: Intellectual Property and Academic Publication
  Joshua S. Gans, Fiona E. Murray, and Scott Stern #19560 (PR)
  

---

Weekly papers relesed by October 21, 2013

• Macro Fiscal Policy in Economic Unions: States as Agents
  Gerald Carlino and Robert P. Inman #19559 (PE   POL)
  
• The Effect of Safety Net Programs on Food Insecurity
  Lucie Schmidt, Lara Shore-Sheppard, and Tara Watson #19558 (CH   HE   LS   PE)
  
• The Value of Corporate Culture
  Luigi Guiso, Paola Sapienza, and Luigi Zingales #19557 (CF)
  
• Mining Surplus: Modeling James A. Schmitz's Link Between Competition and Productivity
  Jeremy Greenwood and David Weiss #19556 (EFG)
  
• Antidumping and the Death of Trade
  Tibor Besedeš and Thomas J. Prusa #19555 (ITI)
  
• The Origins of Early Childhood Anthropometric Persistence
  Daniel L. Millimet and Rusty Tchernis #19554 (CH   HE)
  
• Uncertainty, Redistribution, and the Labor Market
  Casey B. Mulligan #19553 (EFG   LS)
  
• The Missing Manual: Using National Student Clearinghouse Data to Track Postsecondary Outcomes
  Susan M. Dynarski, Steven W. Hemelt, and Joshua M. Hyman #19552 (CH   ED   LS)
  
• Do Measures of Financial Constraints Measure Financial Constraints?
  Joan Farre-Mensa and Alexander Ljungqvist #19551 (CF)
  
• Predatory Lending and the Subprime Crisis
  Sumit Agarwal, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Douglas D. Evanoff #19550 (LE)
  
• What Are We Not Doing When We're Online
  Scott Wallsten #19549 (PR)
  
• Linkages across Sovereign Debt Markets
  Cristina Arellano and Yan Bai #19548 (EFG   IFM)
  
• The Impact of Medicaid on Labor Force and Program Participation: Evidence from the Oregon Health Insurance Experiment
  Katherine Baicker, Amy Finkelstein, Jae Song, and Sarah Taubman #19547 (HC   LS)
  
• Affirmative Action: One Size Does Not Fit All
  Kala Krishna and Alexander Tarasov #19546 (ED)
  
• Rational Inattention and Energy Efficiency
  James M. Sallee #19545 (EEE)
  
• A Comparison of Micro and Macro Expenditure Measures Across Countries Using Differing Survey Methods
  Garry Barrett, Peter Levell, and Kevin Milligan #19544 (EFG   PE)
  
• Asking Households About Expenditures: What Have We Learned?
  Thomas F. Crossley and Joachim K. Winter #19543 (PE)
  
• Strategic Parenting, Birth Order and School Performance
  V. Joseph Hotz and Juan Pantano #19542 (CH   ED)
  
• How Much Would You Pay to Resolve Long-Run Risk?
  Larry G. Epstein, Emmanuel Farhi, and Tomasz Strzalecki #19541 (AP   EFG   IFM)
  
• The Development of Opacity in U.S. Banking
  Gary Gorton #19540 (CF   DAE   ME)
  
• Measuring the Accuracy of Survey Responses using Administrative Register Data: Evidence from Denmark
  Claus Thustrup Kreiner, David Dreyer Lassen, and Søren Leth-Petersen #19539 (LS)
  
• Credit History: The Changing Nature of Scientific Credit
  Joshua S. Gans and Fiona Murray #19538 (PR)
  
• Money as a Unit of Account
  Matthias Doepke and Martin Schneider #19537 (EFG   IFM   ME)
  
• The Potential use of In-home Scanner Technology for Budget Surveys
  Andrew Leicester #19536 (PE   TWP)
  
• The Intergenerational Transmission of Automobile Brand Preferences: Empirical Evidence and Implications for Firm Strategy
  Soren T. Anderson, Ryan Kellogg, Ashley Langer, and James M. Sallee #19535 (IO)
  
• Risk-Taking Behavior in the Wake of Natural Disasters
  Lisa Cameron and Manisha Shah #19534 (DEV   EEE)
  
• Waste of Effort? International Environmental Agreements
  Derek Kellenberg and Arik Levinson #19533 (EEE   ITI)
  
• Corporate Demand for Insurance: New Evidence from the U.S. Terrorism and Property Markets
  Erwann Michel-Kerjan, Paul Raschky, and Howard Kunreuther #19532 (PE)
  
• High Frequency Traders: Taking Advantage of Speed
  Yacine Aït-Sahalia and Mehmet Saglam #19531 (AP)
  
• Food Price Spikes, Price Insulation and Poverty
  Kym Anderson, Maros Ivanic, and Will Martin #19530 (ITI)
  
• Incentives, Selection, and Teacher Performance: Evidence from IMPACT
  Thomas Dee and James Wyckoff #19529 (ED)
  
• Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects
  Marcus Hagedorn, Fatih Karahan, Iourii Manovskii, and Kurt Mitman #19499 (EFG)
  

---

Weekly papers relesed by October 14, 2013

• Conforming and Non-conforming Peer Effects in Vaccination Decisions
  Elizabeth Bodine-Baron, Sarah Nowak, Raffaello Varadavas, and Neeraj Sood #19528 (HC   HE)
  
• How Product Standardization Affects Choice: Evidence from the Massachusetts Health Insurance Exchange
  Keith M Marzilli Ericson and Amanda Starc #19527 (HC   HE   IO   PE)
  
• Information Lost (Apologies to Milton)
  Catherine L. Mann #19526 (IO   PR)
  
• Digitization and the Contract Labor Market: A Research Agenda
  Ajay Agrawal, John Horton, Nicola Lacetera, and Elizabeth Lyons #19525 (PR)
  
• Retiree Health Insurance for Public School Employees: Does it Affect Retirement?
  Maria D. Fitzpatrick #19524 (AG   ED   HC   LS   PE)
  
• Time Variation in Asset Price Responses to Macro Announcements
  Linda S. Goldberg and Christian Grisse #19523 (AP   IFM   ME)
  
• Pharmaceutical Followers
  Peter Arcidiacono, Paul B. Ellickson, Peter Landry, and David B. Ridley #19522 (HE   IO)
  
• Copyright and the Profitability of Authorship: Evidence from Payments to Writers in the Romantic Period
  Megan MacGarvie and Petra Moser #19521 (PR   DAE)
  
• Measuring the Effects of Advertising: The Digital Frontier
  Randall Lewis, Justin M. Rao, and David H. Reiley #19520 (IO)
  
• Searching for Physical and Digital Media: The Evolution of Platforms for Finding Books
  Michael R. Baye, Babur De los Santos, and Matthijs R. Wildenbeest #19519 (IO   PR)
  
• Intellectual Returnees as Drivers of Indigenous Innovation: Evidence from the Chinese Photovoltaic Industry
  Siping Luo, Mary E. Lovely, and David Popp #19518 (EEE   PR)
  
• The Interaction of Spending Policies, Asset Allocation Strategies, and Investment Performance at University Endowment Funds
  Keith Brown and Cristian Tiu #19517 (AP   ED   PE)
  
• Crisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises
  Mark Aguiar, Manuel Amador, Emmanuel Farhi, and Gita Gopinath #19516 (EFG   IFM   ME)
  
• Do People Overreact? Evidence from the Housing Market After the Wenchuan Earthquake
  Guoying Deng, Li Gan, and Manuel A. Hernandez #19515 (AG)
  
• Predatory Short Selling
  Markus K. Brunnermeier and Martin Oehmke #19514 (AP   CF)
  
• Matching and Sorting in a Global Economy
  Gene M. Grossman, Elhanan Helpman, and Philipp Kircher #19513 (ITI)
  
• Development, Structure, and Transformation: Some Evidence on Comparative Economic Growth
  Gordon C. McCord and Jeffrey D. Sachs #19512 (DEV)
  
• How Does Retiree Health Insurance Influence Public Sector Employee Saving?
  Robert Clark and Olivia S. Mitchell #19511 (AG   HE   LS   PE)
  
• Upstream Product Market Regulations, ICT, R&D and Productivity
  Gilbert Cette, Jimmy Lopez, and Jacques Mairesse #19488 (PR)
  

---

Weekly papers released by October 7, 2013

• Dynamic Salience with Intermittent Billing: Evidence from Smart Electricity Meters
  Ben Gilbert and Joshua S. Graff Zivin #19510 (EEE)
  
• The Performance of U.S. Wind and Solar Generating Units
  Richard Schmalensee #19509 (EEE   IO)
  
• The Size of the LGBT Population and the Magnitude of Anti-Gay Sentiment are Substantially Underestimated
  Katherine B. Coffman, Lucas C. Coffman, and Keith M. Marzilli Ericson #19508 (HC   LS   PE   POL)
  
• Digital Dark Matter and the Economic Contribution of Apache
  Shane Greenstein and Frank Nagle #19507 (PR)
  
• Sovereigns versus Banks: Credit, Crises, and Consequences
  Òscar Jordà, Moritz HP. Schularick, and Alan M. Taylor #19506 (DAE   EFG   IFM)
  
• Childhood Health and Sibling Outcomes: The Shared Burden and Benefit of the 1918 Influenza Pandemic
  John Parman #19505 (DAE)
  
• How Much Do Official Price Indexes Tell Us about Inflation?
  Jessie Handbury, Tsutomu Watanabe, and David E. Weinstein #19504 (EFG   ME)
  
• Bargaining in the Shadow of a Giant: Medicare's Influence on Private Payment Systems
  Jeffrey Clemens and Joshua D. Gottlieb #19503 (AG   HE   PE   HC)
  
• Corporate Liquidity Management: A Conceptual Framework and Survey
  Heitor Almeida, Murillo Campello, Igor Cunha, and Michael S. Weisbach #19502 (CF)
  
• Addressing Global Environmental Externalities: Transaction Costs Considerations
  Gary D. Libecap #19501 (DAE   EEE   PE   POL)
  
• A Sharper Ratio: A General Measure for Correctly Ranking Non-Normal Investment Risks
  Kent Smetters and Xingtan Zhang #19500 (AP)
  
• Left, Right, Left: Income, Learning and Political Dynamics
  John Morrow and Michael Carter #19498 (DEV   POL)
  
• Banking Globalization, Transmission, and Monetary Policy Autonomy
  Linda S. Goldberg #19497 (IFM   ME)
  
• Who Is in Control? The Determinants of Patient Adherence with Medication Therapy
  Sergei Koulayev, Niels Skipper, and Emilia Simeonova #19496 (HC   HE)
  
• Migration to the US and Marital Mobility
  Rebekka Christopoulou and Dean R. Lillard #19495 (LS)
  
• Transportation Choices and the Value of Statistical Life
  Gianmarco León and Edward Miguel #19494 (DEV   EEE   HE)
  
• Fifty Years of Family Planning: New Evidence on the Long-Run Effects of Increasing Access to Contraception
  Martha J. Bailey #19493 (CH   DAE   HC   HE   LS)
  
• Labor Market Frictions, Firm Growth, and International Trade
  Pablo D. Fajgelbaum #19492 (ITI)
  
• Earnings Adjustment Frictions: Evidence from the Social Security Earnings Test
  Alexander M. Gelber, Damon Jones, and Daniel W. Sacks #19491 (AG   EFG   LS   ME   PE)
  
• Identifying the Health Production Function: The Case of Hospitals
  John A. Romley and Neeraj Sood #19490 (HC   HE   IO)
  
• The Retraction Penalty: Catastrophe and Consequence in Scientific Teams
  Ginger Zhe Jin, Benjamin Jones, Susan Feng Lu, and Brian Uzzi #19489 (LS   PR)
  
• The Regulation of Prescription Drug Competition and Market Responses: Patterns in Prices and Sales Following Loss of Exclusivity
  Murray L. Aitken, Ernst R. Berndt, Barry Bosworth, Iain M. Cockburn, Richard Frank, Michael Kleinrock, and Bradley T. Shapiro #19487 (AG   HC   HE   PE   PR)
  
• The Aggregate Effect of School Choice: Evidence from a Two-stage Experiment in India
  Karthik Muralidharan and Venkatesh Sundararaman #19441 (CH   DEV   ED   IO   LS   PE)
  

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