New This Week Archive

NBER Working Papers released in the past, by week.

Weekly papers released by December 29, 2014

• Intellectual Property Rights and Access to Innovation: Evidence from TRIPS
  Margaret Kyle and Yi Qian #20799 (PR)
  
• Bias in Cable News: Real Effects and Polarization
  Gregory J. Martin and Ali Yurukoglu #20798 (IO   POL)
  
• How Much Energy Do Building Energy Codes Really Save? Evidence from California
  Arik Levinson #20797 (EEE)
  
• Forward Guidance
  Lars E.O. Svensson #20796 (EFG   IFM   ME)
  
• Inferring Carbon Abatement Costs in Electricity Markets: A Revealed Preference Approach using the Shale Revolution
  Joseph A. Cullen and Erin T. Mansur #20795 (EEE)
  
• How financially literate are women? An overview and new insights
  Tabea Bucher-Koenen, Annamaria Lusardi, Rob Alessie, and Maarten van Rooij #20793 (AG)
  
• Charters Without Lotteries: Testing Takeovers in New Orleans and Boston
  Atila Abdulkadiroğlu, Joshua D. Angrist, Peter D. Hull, and Parag A. Pathak #20792 (CH   ED   LS   PE)
  
• Are the World's Poorest Being Left Behind?
  Martin Ravallion #20791 (DEV)
  
• Geography, Policy, or Productivity? Regional Trade in five South American Countries, 1910-1950
  Marc Badia-Miró, Anna Carreras-Marín, and Christopher M. Meissner #20790 (DAE)
  
• Sources of Geographic Variation in Health Care: Evidence from Patient Migration
  Amy Finkelstein, Matthew Gentzkow, and Heidi Williams #20789 (AG   HC   IO   LS   PE   PR)
  
• Gender
  Muriel Niederle #20788 (CH   ED   LS)
  
• Universal Gravity
  Treb Allen, Costas Arkolakis, and Yuta Takahashi #20787 (ITI)
  
• The Long and the Short of It: Sovereign Debt Crises and Debt Maturity
  Raquel Fernández and Alberto Martin #20786 (EFG   IFM)
  
• Are Patent Fees Effective at Weeding out Low-quality Patents?
  Gaétan de Rassenfosse and Adam B. Jaffe #20785 (PR)
  
• Education, HIV, and Early Fertility: Experimental Evidence from Kenya
  Esther Duflo, Pascaline Dupas, and Michael Kremer #20784 (CH   DEV   ED)
  
• Inter-temporal R&D and Capital Investment Portfolios for the Electricity Industry's Low Carbon Future
  Nidhi R. Santen, Mort D. Webster, David Popp, and Ignacio Pérez-Arriaga #20783 (EEE)
  
• Sequential Markets, Market Power and Arbitrage
  Koichiro Ito and Mar Reguant #20782 (EEE   IO)
  

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Weekly papers released by December 22, 2014

• Group-Average Observables as Controls for Sorting on Unobservables When Estimating Group Treatment Effects: the Case of School and Neighborhood Effects
  Joseph G. Altonji and Richard K. Mansfield #20781 (CH   ED   LS)
  
• A Variational Approach to the Analysis of Tax Systems
  Mikhail Golosov, Aleh Tsyvinski, and Nicolas Werquin #20780 (EFG   PE)
  
• Marginal Pricing and Student Investment in Higher Education
  Steven W. Hemelt and Kevin M. Stange #20779 (ED   LS   PE)
  
• Reservation Prices: An Economic Analysis of Cigarette Purchases on Indian Reservations
  Philip DeCicca, Donald S. Kenkel, and Feng Liu #20778 (HE)
  
• The Rise and Fall of Demand for Securitizations
  Sergey Chernenko, Samuel G. Hanson, and Adi Sunderam #20777 (AP   CF)
  
• Option-Based Credit Spreads
  Christopher L. Culp, Yoshio Nozawa, and Pietro Veronesi #20776 (AP   CF)
  
• Demand Analysis using Strategic Reports: An application to a school choice mechanism
  Nikhil Agarwal and Paulo Somaini #20775 (ED   IO)
  
• College Admissions as Non-Price Competition: The Case of South Korea
  Christopher Avery, Soohyung Lee, and Alvin E. Roth #20774 (ED)
  
• External Validity in Fuzzy Regression Discontinuity Designs
  Marinho Bertanha and Guido W. Imbens #20773 (CH   DEV   ED   HC   IO   LS   PE)
  
• The Margins of Global Sourcing: Theory and Evidence from U.S. Firms
  Pol Antràs, Teresa C. Fort, and Felix Tintelnot #20772 (IO   ITI)
  
• Betting the House
  Òscar Jordà, Moritz HP. Schularick, and Alan M. Taylor #20771 (AP   DAE   IFM   ME)
  
• Nominal Wage Rigidity in Village Labor Markets
  Supreet Kaur #20770 (DEV   EFG   LS   ME)
  
• The Risky Capital of Emerging Markets
  Joel M. David, Espen Henriksen, and Ina Simonovska #20769 (AP   DEV   EFG   IFM   ITI   PR)
  
• Best Prices: Price Discrimination and Consumer Substitution
  Judith A. Chevalier and Anil K Kashyap #20768 (IO   ME   PR)
  
• An Empirical Model of the Medical Match
  Nikhil Agarwal #20767 (HC   IO   LS)
  
• The Rise and Decline of General Laws of Capitalism
  Daron Acemoglu and James A. Robinson #20766 (EFG   LS   PE   POL)
  
• Racial Differences in Health in Long-Run Perspective: A Brief Introduction
  Leah Boustan and Robert A. Margo #20765 (DAE)
  
• The Impact of Education on Health and Health Behavior in a Middle-Income, Low-Education Country
  Resul Cesur, Bahadir Dursun, and Naci Mocan #20764 (CH   DEV   ED   HE   PE)
  
• Medium-Term Health Impacts of Shocks Experienced In Utero and After Birth: Evidence from Detailed Geographic Information on War Exposure
  Richard Akresh, German Daniel Caruso, and Harsha Thirumurthy #20763 (CH   DEV   HE)
  
• Race, Ethnicity and High-Cost Mortgage Lending
  Patrick Bayer, Fernando Ferreira, and Stephen L. Ross #20762 (AP   PE)
  
• Women Helping Women? Evidence from Private Sector Data on Workplace Hierarchies
  Astrid Kunze and Amalia R. Miller #20761 (LE   LS)
  
• Competition and Bank Opacity
  Liangliang Jiang, Ross Levine, and Chen Lin #20760 (CF)
  
• Unilateral Facilitation Does Not Raise International Labor Migration from the Philippines
  Emily Beam, David McKenzie, and Dean Yang #20759 (DEV)
  
• Does the Geographic Expansion of Bank Assets Reduce Risk?
  Martin Goetz, Luc Laeven, and Ross Levine #20758 (CF   EFG   IFM)
  
• Early Health Shocks, Intrahousehold Resource Allocation, and Child Outcomes
  Junjian Yi, James J. Heckman, Junsen Zhang, and Gabriella Conti #20757 (CH   HE)
  
• Retirement Timing of Women and the Role of Care Responsibilities for Grandchildren
  Robin L. Lumsdaine and Stephanie J.C. Vermeer #20756 (AG   CH   LS)
  
• The Evolution of the Federal Reserve Swap Lines since 1962
  Michael D. Bordo, Owen F. Humpage, and Anna J. Schwartz #20755 (DAE   ME)
  
• Accidental Environmentalists? Californian Demand for Teslas and Solar Panels
  Magali A. Delmas, Matthew E. Kahn, and Stephen Locke #20754 (EEE   PE)
  
• To Cut or Not to Cut? On the Impact of Corporate Taxes on Employment and Income
  Alexander Ljungqvist and Michael Smolyansky #20753 (EFG   PE)
  

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Weekly papers released by December 15, 2014

• One Size does not Fit All: Multiple Dimensions of Ability, College Attendance and Wages
  María F. Prada and Sergio S. Urzúa #20752 (ED   LS)
  
• Federal Transfer Multipliers. Quasi-Experimental Evidence from Brazil
  Raphael Corbi, Elias Papaioannou, and Paolo Surico #20751 (EFG   IFM   POL)
  
• Does the Environment Still Matter? Daily Temperature and Income in the United States
  Tatyana Deryugina and Solomon M. Hsiang #20750 (DAE   DEV   EEE   EFG)
  
• Fostering and Measuring Skills: Improving Cognitive and Non-Cognitive Skills to Promote Lifetime Success
  Tim Kautz, James J. Heckman, Ron Diris, Bas ter Weel, and Lex Borghans #20749 (CH   ED)
  
• Unemployment and Health Behaviors Over the Business Cycle: a Longitudinal View
  Gregory Colman and Dhaval Dave #20748 (EFG   HC   HE   LS)
  
• A Simple Model of Optimal Deterrence and Incapacitation
  Steven Shavell #20747 (LE)
  
• Heterogeneity in Decentralized Asset Markets
  Julien Hugonnier, Benjamin Lester, and Pierre-Olivier Weill #20746 (AP   EFG   ME)
  
• Incidental Bequests: Bequest Motives and the Choice to Self-Insure Late-Life Risks
  Lee M. Lockwood #20745 (AG   PE)
  
• Capital Share Risk and Shareholder Heterogeneity in U.S. Stock Pricing
  Martin Lettau, Sydney C. Ludvigson, and Sai Ma #20744 (AP   CF   EFG)
  
• Transition to Clean Technology
  Daron Acemoglu, Ufuk Akcigit, Douglas Hanley, and William Kerr #20743 (EEE   EFG   IO   PR)
  
• Pareto and Piketty: The Macroeconomics of Top Income and Wealth Inequality
  Charles I. Jones #20742 (EFG   LS   PE)
  
• Sign Restrictions, Structural Vector Autoregressions, and Useful Prior Information
  Christiane Baumeister and James D. Hamilton #20741 (EFG   ME)
  
• The Long Reach of Education: Early Retirement
  Steven Venti and David A. Wise #20740 (AG)
  
• Trade and Tasks: An Exploration over Three Decades in Germany
  Sascha O. Becker and Marc-Andreas Muendler #20739 (ITI   LS)
  
• Does Front-Loading Taxation Increase Savings? Evidence from Roth 401(k) Introductions
  John Beshears, James J. Choi, David Laibson, and Brigitte C. Madrian #20738 (AG)
  
• Unprecedented Actions: The Federal Reserve’s Response to the Global Financial Crisis in Historical Perspective
  Frederic S. Mishkin and Eugene N. White #20737 (DAE   EFG   ME)
  

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Weekly papers released by December 8, 2014

• What are the Headwaters of Formal Savings? Experimental Evidence from Sri Lanka
  Michael Callen, Suresh De Mel, Craig McIntosh, and Christopher Woodruff #20736 (DEV)
  
• Revisiting the Classical View of Benefit-Based Taxation
  Matthew Weinzierl #20735 (PE)
  
• What Do We Know About Evolution of Top Wealth Shares in the United States?
  Wojciech Kopczuk #20734 (AG   DAE   LS   PE)
  
• Household Wealth Trends in the United States, 1962-2013: What Happened over the Great Recession?
  Edward N. Wolff #20733 (LS   PR)
  
• Of Time and Space: Technological Spillovers among Patents and Unpatented Innovations during Early U.S. Industrialization
  B. Zorina Khan #20732 (DAE   IO   PR)
  
• Inventing in the Shadow of the Patent System: Evidence from 19th-Century Patents and Prizes for Technological Innovations
  B. Zorina Khan #20731 (DAE   PR)
  
• Corporate Debt Structure and the Financial Crisis
  Fiorella De Fiore and Harald Uhlig #20730 (EFG)
  
• The Generalized Informativeness Principle
  Pierre Chaigneau, Alex Edmans, and Daniel Gottlieb #20729 (CF   LE   LS)
  
• Agglomeration: A Dynamic Approach
  Walker Hanlon and Antonio Miscio #20728 (DAE)
  
• The Value of Smarter Teachers: International Evidence on Teacher Cognitive Skills and Student Performance
  Eric A. Hanushek, Marc Piopiunik, and Simon Wiederhold #20727 (CH   ED   LS)
  
• The Real Effects of Capital Controls: Financial Constraints, Exporters, and Firm Investment
  Laura Alfaro, Anusha Chari, and Fabio Kanczuk #20726 (AP   CF   IFM   ITI)
  
• Growth, Slowdowns, and Recoveries
  Francesco Bianchi and Howard Kung #20725 (EFG   ME)
  
• The Minimum Wage and the Great Recession: Evidence of Effects on the Employment and Income Trajectories of Low-Skilled Workers
  Jeffrey Clemens and Michael Wither #20724 (LS   PE)
  
• Labor Market Effects of Intrauterine Exposure to Nutritional Deficiency: Evidence from Administrative Data on Muslim Immigrants in Denmark
  Marie Louise Schultz-Nielsen, Erdal Tekin, and Jane Greve #20723 (CH   HE   LS)
  
• All or Nothing? The Impact of School and Classroom Gender Composition on Effort and Academic Achievement
  Soohyung Lee, Lesley J. Turner, Seokjin Woo, and Kyunghee Kim #20722 (CH   ED   LS   PE)
  
• A Taxonomy of Anomalies and their Trading Costs
  Robert Novy-Marx and Mihail Velikov #20721 (AP)
  
• Accounting for Post-Crisis Inflation and Employment: A Retro Analysis
  Chiara Fratto and Harald Uhlig #20707 (EFG   ME)
  
• Momentum Trading, Return Chasing, and Predictable Crashes
  Benjamin Chabot, Eric Ghysels, and Ravi Jagannathan #20660 (AP)
  

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Weekly papers released by December 1, 2014

• Does Better Information Lead to Better Choices? Evidence from Energy-Efficiency Labels
  Lucas W. Davis and Gilbert E. Metcalf #20720 (EEE)
  
• Government Spending Multipliers in Good Times and in Bad: Evidence from U.S. Historical Data
  Valerie A. Ramey and Sarah Zubairy #20719 (EFG   ME)
  
• Nudges and Learning: Evidence from Informational Interventions for Low-Income Taxpayers
  Dayanand S. Manoli and Nicholas Turner #20718 (PE)
  
• Can Unemployment Insurance Spur Entrepreneurial Activity?
  Johan Hombert, Antoinette Schoar, David Sraer, and David Thesmar #20717 (CF)
  
• Climate Change Adaptation: Lessons from Urban Economics
  Matthew E. Kahn #20716 (EEE   PE)
  
• A Phillips Curve with Anchored Expectations and Short-Term Unemployment
  Laurence Ball and Sandeep Mazumder #20715 (EFG   ME)
  
• How Does Peer Pressure Affect Educational Investments?
  Leonardo Bursztyn and Robert Jensen #20714 (CH   ED   LS   PE)
  
• The Economic Impact of Hurricane Katrina on its Victims: Evidence from Individual Tax Returns
  Tatyana Deryugina, Laura Kawano, and Steven Levitt #20713 (EEE   PE)
  
• Retail Financial Advice: Does One Size Fit All?
  Stephen Foerster, Juhani T. Linnainmaa, Brian T. Melzer, and Alessandro Previtero #20712 (AP)
  
• Jumps in Bond Yields at Known Times
  Don H. Kim and Jonathan H. Wright #20711 (TWP)
  
• House Prices, Local Demand, and Retail Prices
  Johannes Stroebel and Joseph Vavra #20710 (CF   EFG   IO   LS   ME)
  
• Financing Smallholder Agriculture: An Experiment with Agent-Intermediated Microloans in India
  Pushkar Maitra, Sandip Mitra, Dilip Mookherjee, Alberto Motta, and Sujata Visaria #20709 (DEV)
  
• The Impact of Health Insurance Expansion on Physician Treatment Choice: Medicare Part D and Physician Prescribing
  Tianyan Hu, Sandra L. Decker, and Shin-Yi Chou #20708 (HE)
  
• The Perverse Impact of Calling for Energy Conservation
  J. Scott Holladay, Michael K. Price, and Marianne Wanamaker #20706 (EEE)
  

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Weekly papers released by November 24, 2014

• Resolving Intertemporal Conflicts: Economics vs Politics
  Antony Millner and Geoffrey Heal #20705 (EEE   PE   POL)
  
• Do Credit Market Shocks affect the Real Economy? Quasi-Experimental Evidence from the Great Recession and ‘Normal’ Economic Times
  Michael Greenstone, Alexandre Mas, and Hoai-Luu Nguyen #20704 (CF   EFG   LS   ME)
  
• Inside and Outside Collateral: Implications for Financial Market Instability
  Russell Cooper and Frédéric Boissay #20703 (EFG)
  
• Extended Families and Child Well-being
  Daniel LaFave and Duncan Thomas #20702 (DEV)
  
• Public School Choice: An Economic Analysis
  Levon Barseghyan, Damon Clark, and Stephen Coate #20701 (ED   PE)
  
• Do Funds Make More When They Trade More?
  Lubos Pastor, Robert F. Stambaugh, and Lucian A. Taylor #20700 (AP   CF)
  
• Farms, Families, and Markets: New Evidence on Agricultural Labor Markets
  Daniel LaFave and Duncan Thomas #20699 (DEV)
  
• Employment Cyclicality and Firm Quality
  Lisa B. Kahn and Erika McEntarfer #20698 (EFG   LS)
  
• Revealing Malfeasance: How Local Media Facilitates Electoral Sanctioning of Mayors in Mexico
  Horacio A. Larreguy, John Marshall, and James M. Snyder, Jr. #20697 (DEV   PE   POL)
  
• The Emotional Consequences of Donation Opportunities
  Lara B. Aknin, Guy Mayraz, and John F. Helliwell #20696 (PE)
  
• Toward an Understanding of Reference-Dependent Labor Supply: Theory and Evidence from a Field Experiment
  Steffen Andersen, Alec Brandon, Uri Gneezy, and John A. List #20695 (LS)
  
• Unemployment in the Great Recession: A Comparison of Germany, Canada and the United States
  Florian Hoffmann and Thomas Lemieux #20694 (LS)
  
• Central Bank Credibility, Reputation and Inflation Targeting in Historical Perspective
  Michael Bordo and Pierre Siklos #20693 (DAE   ME)
  
• Are Public Sector Jobs Recession-Proof? Were They Ever?
  Jason L. Kopelman and Harvey S. Rosen #20692 (PE)
  
• A Welfare Criterion for Models with Distorted Beliefs
  Markus K. Brunnermeier, Alp Simsek, and Wei Xiong #20691 (AP   CF   EFG   PE)
  
• Exporting and Firm Performance: Evidence from a Randomized Trial
  David Atkin, Amit K. Khandelwal, and Adam Osman #20690 (DEV   ITI)
  
• Does Reading During the Summer Build Reading Skills? Evidence from a Randomized Experiment in 463 Classrooms
  Jonathan Guryan, James S. Kim, and David M. Quinn #20689 (CH   ED   LS   PE)
  
• How Does Tax Progressivity and Household Heterogeneity Affect Laffer Curves?
  Hans A. Holter, Dirk Krueger, and Serhiy Stepanchuk #20688 (EFG   PE)
  
• Is Government Spending at the Zero Lower Bound Desirable?
  Florin O. Bilbiie, Tommaso Monacelli, and Roberto Perotti #20687 (ME   PE)
  

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Weekly papers released by November 17, 2014

• Empirical Linkages between Good Government and National Well-being
  John F. Helliwell, Haifang Huang, Shawn Grover, and Shun Wang #20686 (DEV   PE   POL)
  
• Economic Development and the Effectiveness of Foreign Aid: A Historical Perspective
  Sebastian Edwards #20685 (IFM)
  
• Household Finance over the Life-Cycle: What does Education Contribute?
  Russell Cooper and Guozhong Zhu #20684 (EFG)
  
• New Linked Data on Research Investments: Scientific Workforce, Productivity, and Public Value
  Julia Lane, Jason Owen-Smith, Rebecca Rosen, and Bruce Weinberg #20683 (LS   PR)
  
• A Comparison of New Factor Models
  Kewei Hou, Chen Xue, and Lu Zhang #20682 (AP   CF   EFG   IFM)
  
• Homophily, Group Size, and the Diffusion of Political Information in Social Networks: Evidence from Twitter
  Yosh Halberstam and Brian Knight #20681 (PE   POL)
  
• Subjective Beliefs, Deterrence, and the Propensity to Drive While Intoxicated
  Yiqun Chen and Frank Sloan #20680 (HE)
  
• Does Private Information Influence Automobile Insurance Purchase Decisions?
  Frank A. Sloan, Patricia A. Robinson, and Lindsey M. Eldred #20679 (HE   LE)
  
• Prices, Consumption, and Dividends Over the Business Cycle: A Tale of Two Regimes
  Anisha Ghosh and George M. Constantinides #20678 (AP)
  
• Markets for Scientific Attribution
  Joshua Gans and Fiona Murray #20677 (PR)
  
• Financing Innovation
  William R. Kerr and Ramana Nanda #20676 (CF   PR)
  
• The Road to Redemption: Policy Response to Crises in Latin America
  Carlos A. Vegh and Guillermo Vuletin #20675 (IFM)
  
• Does Uncertainty about Management Affect Firms’ Costs of Borrowing?
  Yihui Pan, Tracy Yue Wang, and Michael S. Weisbach #20674 (AP   CF)
  
• Measuring the Sensitivity of Parameter Estimates to Sample Statistics
  Matthew Gentzkow and Jesse M. Shapiro #20673 (CF   IO   ME   PE   TWP)
  
• Raising Revenue by Limiting Tax Expenditures
  Martin S. Feldstein #20672 (PE)
  

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Weekly papers released by November 10, 2014

• Seesaws and Social Security Benefits Indexing
  Matthew Weinzierl #20671 (PE)
  
• Unemployment and Innovation
  Joseph E. Stiglitz #20670 (PR)
  
• Social Investments, Informal Risk Sharing, and Inequality
  Attila Ambrus, Arun G. Chandrasekhar, and Matt Elliott #20669 (DEV   POL)
  
• The Effect of High-Skilled Immigration on Patenting and Employment: Evidence from H-1B Visa Lotteries
  Kirk Doran, Alexander Gelber, and Adam Isen #20668 (LS   PE   PR)
  
• Does Management Matter in Schools
  Nicholas Bloom, Renata Lemos, Raffaella Sadun, and John Van Reenen #20667 (DEV   ED   LS   PR)
  
• Whither News Shocks?
  Robert B. Barsky, Susanto Basu, and Keyoung Lee #20666 (EFG   ME)
  
• The Power of the Street: Evidence from Egypt's Arab Spring
  Daron Acemoglu, Tarek A. Hassan, and Ahmed Tahoun #20665 (AP   CF   DAE   DEV   EFG   POL)
  
• Intrinsic Motivation in Public Service: Theory and Evidence from State Supreme Courts
  Elliott Ash and W. Bentley MacLeod #20664 (LE   LS)
  
• Trade Adjustment Dynamics and the Welfare Gains from Trade
  George Alessandria, Horag Choi, and Kim Ruhl #20663 (IFM   ITI)
  
• Gray Matters: Fetal Pollution Exposure and Human Capital Formation
  Prashant Bharadwaj, Matthew Gibson, Joshua Graff Zivin, and Christopher A. Neilson #20662 (CH   EEE   HE)
  
• Does Conflict of Interest Lead to Biased Coverage? Evidence from Movie Reviews
  Stefano DellaVigna and Johannes Hermle #20661 (CF   IO   LE   LS   PE   POL)
  
• One Step at a Time: The Effects of an Early Literacy Text Messaging Program for Parents of Preschoolers
  Benjamin N. York and Susanna Loeb #20659 (CH      HE   ED)
  
• The Cambridge History of "Capitalism"
  Peter Temin #20658 (DAE)
  
• Validating Teacher Effect Estimates Using Changes in Teacher Assignments in Los Angeles
  Andrew Bacher-Hicks, Thomas J. Kane, and Douglas O. Staiger #20657 (CH   ED   LS   PE)
  
• Federal Reserve Policy and Bretton Woods
  Michael D. Bordo and Owen F. Humpage #20656 (DAE   ME)
  
• Political Polarization, Anticipated Health Insurance Uptake and Individual Mandate: A view from the Washington State
  Anirban Basu, Norma B. Coe, David E. Grembowski, and Larry Kessler #20655 (HC   HE)
  
• Is it all worth it? The experiences of new PhDs on the job market, 2007-2010
  Brooke Helppie McFall, Marta Murray-Close, Robert J. Willis, and Uniko Chen #20654 (LS)
  

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Weekly papers released by November 3, 2014

• The War on Poverty's Experiment in Public Medicine: Community Health Centers and the Mortality of Older Americans
  Martha J. Bailey and Andrew Goodman-Bacon #20653 (AG   DAE   DEV   HC   HE   PE)
  
• Safe Assets
  Robert J. Barro and Andrew Mollerus #20652 (AP   ME)
  
• Growth Expectations, Dividend Yields, and Future Stock Returns
  Zhi Da, Ravi Jagannathan, and Jianfeng Shen #20651 (AP)
  
• Monetary Policy and Debt Fragility
  Antoine Camous and Russell Cooper #20650 (EFG)
  
• Do Beliefs Justify Actions or Do Actions Justify Beliefs? An Experiment on Stated Beliefs, Revealed Beliefs, and Social-Image Manipulation
  James Andreoni and Alison Sanchez #20649 (PE)
  
• The Impact of Short Term Exposure to Ambient Air Pollution on Cognitive Performance and Human Capital Formation
  Victor Lavy, Avraham Ebenstein, and Sefi Roth #20648 (CH   ED   EEE   LS)
  
• The Long Run Human Capital and Economic Consequences of High-Stakes Examinations
  Victor Lavy, Avraham Ebenstein, and Sefi Roth #20647 (CH   ED   LS)
  
• Liquidity and Foreign Asset Management Challenges for Latin American Countries
  Joshua Aizenman and Daniel Riera-Crichton #20646 (IFM)
  
• The Evolution of Charter School Quality
  Patrick L. Baude, Marcus Casey, Eric A. Hanushek, and Steven G. Rivkin #20645 (ED   LS   PE)
  
• W.U.I. on Fire: Risk, Salience & Housing Demand
  Shawn J. McCoy and Randall P. Walsh #20644 (EEE   PE)
  
• Optimal Fiscal Limits
  Stephen Coate #20643 (PE   POL)
  
• Adverse Selection and Self-fulfilling Business Cycles
  Jess Benhabib, Feng Dong, and Pengfei Wang #20642 (EFG)
  
• Bargaining in Bilateral Oligopoly: An Alternating Offers Representation of the "Nash-in-Nash" Solution
  Allan Collard-Wexler, Gautam Gowrisankaran, and Robin S. Lee #20641 (IO)
  
• The Demand for Effective Charter Schools
  Christopher R. Walters #20640 (ED   LS)
  
• Inputs in the Production of Early Childhood Human Capital: Evidence from Head Start
  Christopher Walters #20639 (ED   LS)
  
• Quantifying Liquidity and Default Risks of Corporate Bonds over the Business Cycle
  Hui Chen, Rui Cui, Zhiguo He, and Konstantin Milbradt #20638 (AP   CF)
  
• A Schumpeterian Model of Top Income Inequality
  Charles I. Jones and Jihee Kim #20637 (EFG   LS   PE)
  
• Adam Smith's "Tolerable Administration of Justice" and the Wealth of Nations
  Douglas A. Irwin #20636 (DAE   DEV   LE   POL)
  
• Tariff Incidence: Evidence from U.S. Sugar Duties, 1890-1930
  Douglas A. Irwin #20635 (DAE   ITI)
  
• International Trade, Multinational Activity, and Corporate Finance
  C. Fritz Foley and Kalina Manova #20634 (CF   ITI)
  
• Social Insurance, Information Revelation, and Lack of Commitment
  Mikhail Golosov and Luigi Iovino #20633 (EFG   PE   POL)
  
• Optimal Government Debt Maturity
  Davide Debortoli, Ricardo Nunes, and Pierre Yared #20632 (EFG   PE   POL)
  
• The Contribution of Behavior Change and Public Health to Improved U.S. Population Health
  Susan T. Stewart and David M. Cutler #20631 (AG   HC   HE)
  
• Family Planning: Program Effects
  Grant Miller and Kimberly Singer Babiarz #20586 (CH   DEV   HC   HE)
  

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Weekly papers released by October 27, 2014

• Wheat or Strawberries? Intermediated Trade with Limited Contracting.
  Kala Krishna and Lena Sheveleva #20630 (DEV)
  
• Affirmative Action and Stereotypes in Higher Education Admissions
  Prasad Krishnamurthy and Aaron Edlin #20629 (ED   LE)
  
• What Should I Be When I Grow Up? Occupations and Unemployment over the Life Cycle
  Martin Gervais, Nir Jaimovich, Henry E. Siu, and Yaniv Yedid-Levi #20628 (EFG)
  
• Tax Farming Redux: Experimental Evidence on Performance Pay for Tax Collectors
  Adnan Q. Khan, Asim I. Khwaja, and Benjamin A. Olken #20627 (DEV   LS   PE)
  
• Recovering Ex Ante Returns and Preferences for Occupations using Subjective Expectations Data
  Peter Arcidiacono, V. Joseph Hotz, Arnaud Maurel, and Teresa Romano #20626 (ED   LS   PE   TWP)
  
• Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data
  Emmanuel Saez and Gabriel Zucman #20625 (AG   DAE   PE)
  
• Dodging the Taxman: Firm Misreporting and Limits to Tax Enforcement
  Paul Carrillo, Dina Pomeranz, and Monica Singhal #20624 (DEV   PE)
  
• Markets with Multidimensional Private Information
  Veronica Guerrieri and Robert Shimer #20623 (AP   EFG)
  
• Estimation of Dynamic Discrete Choice Models by Maximum Likelihood and the Simulated Method of Moments
  Phillipp Eisenhauer, James J. Heckman, and Stefano Mosso #20622 (ED   TWP)
  
• Sources of Firm Life-Cycle Dynamics: Differentiating Size vs. Age Effects
  Lorenz Kueng, Mu-Jeung Yang, and Bryan Hong #20621 (CF   EFG      PR)
  
• Benchmarks in Search Markets
  Darrell Duffie, Piotr Dworczak, and Haoxiang Zhu #20620 (AP)
  
• More on Recent Evidence on the Effects of Minimum Wages in the United States
  David Neumark, J.M. Ian Salas, and William Wascher #20619 (LS)
  
• Financial Education, Financial Competence, and Consumer Welfare
  Sandro Ambuehl, B. Douglas Bernheim, and Annamaria Lusardi #20618 (PE)
  
• Credit, Bankruptcy, and Aggregate Fluctuations
  Makoto Nakajima and José-Víctor Ríos-Rull #20617 (EFG)
  
• Microeconomic Uncertainty, International Trade, and Aggregate Fluctuations
  George Alessandria, Horag Choi, Joseph P. Kaboski, and Virgiliu Midrigan #20616 (AP   EFG   IFM   ITI)
  
• Do Tax Credits Affect R&D Expenditures by Small Firms? Evidence from Canada
  Ajay Agrawal, Carlos Rosell, and Timothy S. Simcoe #20615 (PE   PR)
  
• Will They Take the Money and Work? An Empirical Analysis of People’s Willingness to Delay Claiming Social Security Benefits for a Lump Sum
  Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla, and Tatjana Schimetschek #20614 (AG   LS   PE)
  
• Monetary Policy with Interest on Reserves
  John H. Cochrane #20613 (AP   EFG   ME)
  
• Reserve Requirement Policy over the Business Cycle
  Pablo Federico, Carlos A. Vegh, and Guillermo Vuletin #20612 (IFM)
  
• Effective Monetary Policy Strategies in New Keynesian Models: A Re-examination
  Hess Chung, Edward Herbst, and Michael T. Kiley #20611 (EFG   ME)
  
• Investment Under Uncertainty and the Value of Real and Financial Flexibility
  Patrick Bolton, Neng Wang, and Jinqiang Yang #20610 (AP   CF   EFG)
  

---

Weekly papers released by October 20, 2014

• Behavioral Economics of Education: Progress and Possibilities
  Adam M. Lavecchia, Heidi Liu, and Philip Oreopoulos #20609 (CH   ED   LS)
  
• Competing for Order Flow in OTC Markets
  Benjamin Lester, Guillaume Rocheteau, and Pierre-Olivier Weill #20608 (AP   EFG)
  
• Knowledge-based Hierarchies: Using Organizations to Understand the Economy
  Luis Garicano and Esteban Rossi-Hansberg #20607 (EFG   IO   ITI   LS   PR)
  
• Capital Depreciation and Labor Shares Around the World: Measurement and Implications
  Loukas Karabarbounis and Brent Neiman #20606 (EFG   IFM   PR)
  
• Directed Giving: Evidence from an Inter-Household Transfer Experiment
  Catia Batista, Dan Silverman, and Dean Yang #20605 (DEV)
  
• Why You Can't Find a Taxi in the Rain and Other Labor Supply Lessons from Cab Drivers
  Henry S. Farber #20604 (LS)
  
• The Evolution of Bank Supervision: Evidence from U.S. States
  Kris James Mitchener and Matthew Jaremski #20603 (DAE)
  
• The Comparative Advantage of Cities
  Donald R. Davis and Jonathan I. Dingel #20602 (ITI   LS)
  
• High Marginal Tax Rates on the Top 1%? Lessons from a Life Cycle Model with Idiosyncratic Income Risk
  Fabian Kindermann and Dirk Krueger #20601 (EFG   PE   POL)
  
• Saving for a (not so) Rainy Day: A Randomized Evaluation of Savings Groups in Mali
  Lori Beaman, Dean Karlan, and Bram Thuysbaert #20600 (DEV   LS)
  
• Second Trimester Sunlight and Asthma: Evidence from Two Independent Studies
  Nils Wernerfelt, David Slusky, and Richard Zeckhauser #20599 (CH   HC   HE   PE)
  
• Climate and Conflict
  Marshall Burke, Solomon M. Hsiang, and Edward Miguel #20598 (DEV   EEE   POL)
  
• The Early Impact of the Affordable Care Act State-By-State
  Amanda E. Kowalski #20597 (AG   HC   PE)
  
• A Tale of Repetition: Lessons from Florida Restaurant Inspections
  Ginger Zhe Jin and Jungmin Lee #20596 (IO)
  
• The Effects of Research & Development Funding On Scientific Productivity: Academic Chemistry, 1990-2009
  Joshua L. Rosenbloom, Donna K. Ginther, Ted Juhl, and Joseph Heppert #20595 (DAE   PR)
  
• Interest Rate Uncertainty and Economic Fluctuations
  Drew D. Creal and Jing Cynthia Wu #20594 (ME)
  
• Foreclosure, Vacancy and Crime
  Lin Cui and Randall Walsh #20593 (PE)
  
• ... and the Cross-Section of Expected Returns
  Campbell R. Harvey, Yan Liu, and Heqing Zhu #20592 (AP)
  
• Understanding Defensive Equity
  Robert Novy-Marx #20591 (AP)
  
• The Value of Regulatory Discretion: Estimates from Environmental Inspections in India
  Esther Duflo, Michael Greenstone, Rohini Pande, and Nicholas Ryan #20590 (EEE)
  
• Valuing Thinly-Traded Assets
  Francis Longstaff #20589 (AP)
  
• Welfare and Optimal Trading Frequency in Dynamic Double Auctions
  Songzi Du and Haoxiang Zhu #20588 (AP)
  
• A Model of Secular Stagnation
  Gauti B. Eggertsson and Neil R. Mehrotra #20574 (ME)
  

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Weekly papers released by October 14, 2014

• Patent Collateral, Investor Commitment, and the Market for Venture Lending
  Yael V. Hochberg, Carlos J. Serrano, and Rosemarie H. Ziedonis #20587 (CF   IO   PR)
  
• Beyond Ricardo: Assignment Models in International Trade
  Arnaud Costinot and Jonathan Vogel #20585 (ITI)
  
• The Great Recession, Decline and Rebound in Household Wealth for the Near Retirement Population
  Alan L. Gustman, Thomas L. Steinmeier, and Nahid Tabatabai #20584 (AG   LS   PE)
  
• Housing Collateral, Credit Constraints and Entrepreneurship - Evidence from a Mortgage Reform
  Thais Lærkholm Jensen, Søren Leth-Petersen, and Ramana Nanda #20583 (CF   PR)
  
• How Much Are Public School Teachers Willing to Pay for Their Retirement Benefits?
  Maria Donovan Fitzpatrick #20582 (AG   ED   LS   PE)
  
• How Does Government Borrowing Affect Corporate Financing and Investment?
  John Graham, Mark T. Leary, and Michael R. Roberts #20581 (CF   EFG)
  
• The New Full-time Employment Taxes
  Casey B. Mulligan #20580 (EFG   LS   PE)
  
• Outside Purchase Contracts, Human Capital and Firm Capital Structure
  S. Katie Moon and Gordon M. Phillips #20579 (CF   IO)
  
• Financing Decisions and Product Introductions of Private and Publicly Traded Firms
  Gordon Phillips and Giorgo Sertsios #20578 (CF   IO)
  
• A Distant Mirror of Debt, Default, and Relief
  Carmen M. Reinhart and Christoph Trebesch #20577 (IFM   ME)
  
• Inflation Expectations, Learning and Supermarket Prices: Evidence from Field Experiments
  Alberto Cavallo, Guillermo Cruces, and Ricardo Perez-Truglia #20576 (IFM   ME)
  
• Dynamic Prediction Pools: An Investigation of Financial Frictions and Forecasting Performance
  Marco Del Negro, Raiden B. Hasegawa, and Frank Schorfheide #20575 (EFG   ME)
  
• Asiaphoria Meets Regression to the Mean
  Lant Pritchett and Lawrence H. Summers #20573 (DEV   EFG   IFM)
  
• Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone
  Philippe Martin and Thomas Philippon #20572 (EFG   IFM   ME)
  
• U.S. Investment in Global Bonds: As the Fed Pushes, Some EMEs Pull
  John D. Burger, Rajeswari Sengupta, Francis E. Warnock, and Veronica Cacdac Warnock #20571 (IFM)
  
• Political Budget Cycles: Evidence from Italian Cities
  Alberto Alesina and Matteo Paradisi #20570 (PE   POL)
  
• Investment Hangover and the Great Recession
  Matthew Rognlie, Andrei Shleifer, and Alp Simsek #20569 (EFG   ME)
  
• In Search of Labor Demand
  Paul Beaudry, David A. Green, and Benjamin M. Sand #20568 (EFG   LS)
  
• Contagion in the European Sovereign Debt Crisis
  Brent Glover and Seth Richards-Shubik #20567 (CF   IFM)
  
• Constrained Discretion and Central Bank Transparency
  Francesco Bianchi and Leonardo Melosi #20566 (ME)
  
• Expanding Patients' Property Rights In Their Medical Records
  Laurence C. Baker, Kate Bundorf, and Daniel Kessler #20565 (HC   HE   LE)
  
• Fiscal Challenges in Multilayered Unions: An Overview and Case Study
  Joshua Aizenman and Gunnar Gunnarsson #20564 (IFM)
  
• How Do the “GATS-Plus” and “GATS-Minus” Characteristics of Regional Service Agreements Affect Trade in Services?
  Nianli Zhou and John Whalley #20551 (ITI)
  
• Why Do People Give? Testing Pure and Impure Altruism
  Mark Ottoni-Wilhelm, Lise Vesterlund, and Huan Xie #20497 (PE)
  

---

Weekly papers released by October 6, 2014

• Product and Labor Market Regulations, Production Prices, Wages and Productivity
  Gilbert Cette, Jimmy Lopez, and Jacques Mairesse #20563 (PR)
  
• The Perception Of Social Security Incentives For Labor Supply And Retirement: The Median Voter Knows More Than You’d Think
  Jeffrey B. Liebman and Erzo F.P. Luttmer #20562 (PE)
  
• Mortgage Rates, Household Balance Sheets, and the Real Economy
  Benjamin J. Keys, Tomasz Piskorski, Amit Seru, and Vincent Yao #20561 (CF   EFG   ME)
  
• The Glass Ceiling and The Paper Floor: Gender Differences among Top Earners, 1981–2012
  Fatih Guvenen, Greg Kaplan, and Jae Song #20560 (AP   EFG   LS   ME   PE)
  
• Negotiating for the Market
  Joshua S. Gans #20559 (PR)
  
• Does Transparency Lead to Pay Compression?
  Alexandre Mas #20558 (LS)
  
• Compulsory Schooling Laws and Formation of Beliefs: Education, Religion and Superstition
  Naci Mocan and Luiza Pogorelova #20557 (CH   ED   HE   LE   LS   POL)
  
• Dynamic Debt Deleveraging and Optimal Monetary Policy
  Pierpaolo Benigno, Gauti B. Eggertsson, and Federica Romei #20556 (ME)
  
• Resurrecting the Role of the Product Market Wedge in Recessions
  Mark Bils, Peter J. Klenow, and Benjamin A. Malin #20555 (EFG   ME)
  
• The Price of Stability: The balance sheet policy of the Banque de France and the Gold Standard (1880-1914)
  Guillaume Bazot, Michael D. Bordo, and Eric Monnet #20554 (DAE   ME)
  
• Investment Subsidies and the Adoption of Electronic Medical Records in Hospitals
  David Dranove, Craig Garthwaite, Bingyang Li, and Christopher Ody #20553 (HC   HE   PE)
  
• A Theory of Minimalist Democracy
  Chris Bidner, Patrick Francois, and Francesco Trebbi #20552 (DEV   POL)
  
• How Do the “GATS-Plus” and “GATS-Minus” Characteristics of Regional Service Agreements Affect Trade in Services?
  Nianli Zhou and John Whalley #20551 (ITI)
  
• Reexamining the Cyclical Behavior of the Relative Price of Investment
  Paul Beaudry, Alban Moura, and Franck Portier #20550 (EFG)
  
• Insurance Markets for the Elderly
  Hanming Fang #20549 (AG   HE   PE)
  
• The Market Impacts of Pharmaceutical Product Patents in Developing Countries: Evidence from India
  Mark Duggan, Craig Garthwaite, and Aparajita Goyal #20548 (DEV   HC   HE   IO   PE   PR)
  
• Annuitized Wealth and Post-Retirement Saving
  John Laitner, Daniel Silverman, and Dmitriy Stolyarov #20547 (AG   EFG   PE)
  
• Distributional Effects of Means Testing Social Security: An Exploratory Analysis
  Alan Gustman, Thomas Steinmeier, and Nahid Tabatabai #20546 (AG   LS   PE)
  
• Monetary Policy in Open Economies: Practical Perspectives for Pragmatic Central Bankers
  Richard Clarida #20545 (IFM)
  
• Investment Banks as Corporate Monitors in the Early 20th Century United States
  Carola Frydman and Eric Hilt #20544 (CF   DAE   LE)
  
• The Direct and Indirect Effects of Small Business Administration Lending on Growth: Evidence from U.S. County-Level Data
  Andrew T. Young, Matthew J. Higgins, Donald J. Lacombe, and Briana Sell #20543 (PE   PR)
  
• The Value of Informativeness for Contracting
  Pierre Chaigneau, Alex Edmans, and Daniel Gottlieb #20542 (CF   LE   LS)
  
• Belt and Suspenders and More: The Incremental Impact of Energy Efficiency Subsidies in the Presence of Existing Policy Instruments
  Sébastien Houde and Joseph E. Aldy #20541 (EEE)
  
• Robust Benchmark Design
  Darrell Duffie and Piotr Dworczak #20540 (AP)
  
• Early Life Environment and Racial Inequality in Education and Earnings in the United States
  Kenneth Y. Chay, Jonathan Guryan, and Bhashkar Mazumder #20539 (CH   HE   LS)
  
• Competitive Pressure and the Decline of the Rust Belt: A Macroeconomic Analysis
  Simeon Alder, David Lagakos, and Lee Ohanian #20538 (EFG)
  
• The Effect of Substance Use Disorder Treatment Use on Crime: Evidence from Public Insurance Expansions and Health Insurance Parity Mandates
  Hefei Wen, Jason M. Hockenberry, and Janet R. Cummings #20537 (HC   HE   LE)
  
• Regulation and Housing Supply
  Joseph Gyourko and Raven Molloy #20536 (PE   POL)
  
• Causal Inference in Urban and Regional Economics
  Nathaniel Baum-Snow and Fernando Ferreira #20535 (PE)
  
• Estimating the Value Added of Attending Physicians on Patient Outcomes
  Jason M. Fletcher, Leora I. Horwitz, and Elizabeth Bradley #20534 (HC   HE)
  

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