Archive of New National Bureau of Economic Research Working Papers and Books
New This Week Archive
NBER Working Papers released in the past, by week.Week of Jun 25, 2012 - Jul 2, 2012
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A Spatial Knowledge Economy
Donald R. Davis and Jonathan I. Dingel #18188 (ITI LS)
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Stand Your Ground Laws and Homicides
Chandler B. McClellan and Erdal Tekin #18187 (HE LE)
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Fragmentation and Trade in Value Added over Four Decades
Robert C. Johnson and Guillermo Noguera #18186 (ITI)
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When Educators Are the Learners: Private Contracting by Public Schools
Silke J. Forbes and Nora E. Gordon #18185 (ED IO PE)
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Measuring Managerial Skill in the Mutual Fund Industry
Jonathan B. Berk and Jules H. van Binsbergen #18184 (AP)
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School Libraries and Language Skills in Indian Primary Schools: A Randomized Evaluation of the Akshara Library Program
Evan Borkum, Fang He, and Leigh L. Linden #18183 (CH ED LS PE)
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Dynamic Olley-Pakes Productivity Decomposition with Entry and Exit
Marc J. Melitz and Sašo Polanec #18182 (PR)
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Continuous-Time Linear Models
John H. Cochrane #18181 (AP EFG)
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Behavioral Economics and the Demand for Alcohol: Results from the NLSY97
Henry Saffer, Dhaval Dave, and Michael Grossman #18180 (HE)
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Innovating Standards Through Informal Consortia: The Case of Wireless Telecommunications
Henry R. Delcamp and Aija Leiponen #18179 (IO PR)
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Robust Comparative Statics in Large Dynamic Economies
Daron Acemoglu and Martin Kaae Jensen #18178 (EFG IO ME)
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Finding Eldorado: Slavery and Long-run Development in Colombia
Daron Acemoglu, Camilo GarcÃa-Jimeno, and James A. Robinson #18177 (EFG LE POL)
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Income inequality, tax base and sovereign spreads
Joshua Aizenman and Yothin Jinjarak #18176 (IFM)
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Overcoming the Fear of Free Falling: Monetary Policy Graduation in Emerging Markets
Carlos A. Vegh and Guillermo Vuletin #18175 (IFM)
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Money Doctors
Nicola Gennaioli, Andrei Shleifer, and Robert W. Vishny #18174 (AP CF)
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Competition Among University Endowments
William N. Goetzmann and Sharon Oster #18173 (AP)
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Moral Hazard and Claims Deterrence in Private Disability Insurance
David Autor, Mark Duggan, and Jonathan Gruber #18172 (AG HE LS PE)
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An Alternative Framework for Empirically Measuring the Size of Counterfeit Markets
Rosalie Liccardo Pacula, Srikanth Kadiyala, Priscillia Hunt, and Alessandro Malchiodi #18171 ( PE)
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Innocent Bystanders? Monetary Policy and Inequality in the U.S.
Olivier Coibion, Yuriy Gorodnichenko, Lorenz Kueng, and John Silvia #18170 (EFG IFM ME)
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Tail Risk in Momentum Strategy Returns
Kent Daniel, Ravi Jagannathan, and Soohun Kim #18169 (AP)
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Using Audit Studies to Test for Physician Induced Demand: The Case of Antibiotic Abuse in China
Janet Currie, Wanchuan Lin, and Juanjuan Meng #18153 (HC HE)
Week of Jun 18, 2012 - Jun 25, 2012
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Unobserved Heterogeneity in Matching Games
Jeremy T. Fox and Chenyu Yang #18168 (IO LS TWP)
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Collective Intelligence and Neutral Point of View: The Case of Wikipedia
Shane Greenstein and Feng Zhu #18167 (IO PR)
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Plan Selection in Medicare Part D: Evidence from Administrative Data
Florian Heiss, Adam Leive, Daniel McFadden, and Joachim Winter #18166 (AG HE)
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The Behavioralist Goes to School: Leveraging Behavioral Economics to Improve Educational Performance
Steven D. Levitt, John A. List, Susanne Neckermann, and Sally Sadoff #18165 (ED PE)
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Do Newspapers Serve the State? Incumbent Party Influence on the US Press, 1869-1928
Matthew Gentzkow, Nathan Petek, Jesse M. Shapiro, and Michael Sinkinson #18164 (DAE POL)
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Organizing the Global Value Chain
Pol Antràs and Davin Chor #18163 (IO ITI)
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The European Origins of Economic Development
William Easterly and Ross Levine #18162 (EFG POL)
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The Aftermath of Accelerating Algebra: Evidence from a District Policy Initiative
Charles T. Clotfelter, Helen F. Ladd, and Jacob L. Vigdor #18161 (ED)
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A Theory of Debt Maturity: The Long and Short of Debt Overhang
Douglas W. Diamond and Zhiguo He #18160 (CF)
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Do Male-Female Wage Differentials Reflect Differences in the Return to Skill? Cross-City Evidence From 1980-2000
Paul Beaudry and Ethan Lewis #18159 (LS)
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What is the Impact of Financial Advisors on Retirement Portfolio Choices and Outcomes?
John Chalmers and Jonathan Reuter #18158 (AG)
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The Ramsey Discounting Formula for a Hidden-State Stochastic Growth Process
Martin L. Weitzman #18157 (EEE)
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Strengthening State Capabilities: The Role of Financial Incentives in the Call to Public Service
Ernesto Dal Bó, Frederico Finan, and Martín Rossi #18156 (LS PE POL)
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Identification of Potential Games and Demand Models for Bundles
Jeremy T. Fox and Natalia Lazzati #18155 (IO LS TWP)
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Declining Labor Shares and the Global Rise of Corporate Savings
Loukas Karabarbounis and Brent Neiman #18154 (CF EFG IFM)
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The Demand of Liquid Assets with Uncertain Lumpy Expenditures
Fernando Alvarez and Francesco Lippi #18152 (EFG)
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Taxation and Redistribution of Residual Income Inequality
Mikhail Golosov, Pricila Maziero, and Guido Menzio #18151 (EFG)
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Corrupting Learning: Evidence from Missing Federal Education Funds in Brazil
Claudio Ferraz, Frederico Finan, and Diana B. Moreira #18150 (PE POL ED)
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Testing for Keynesian Labor Demand
Mark Bils, Peter J. Klenow, and Benjamin A. Malin #18149 (EFG ME)
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Real Options, Taxes and Financial Leverage
Stewart C. Myers and James A. Read, Jr. #18148 (CF)
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Real Assets and Capital Structure
Murillo Campello and Erasmo Giambona #18147 (CF)
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Evaluating the Role of Science Philanthropy in American Research Universities
Fiona E. Murray #18146 ( PR)
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The Effect of Education Policy on Crime: An Intergenerational Perspective
Costas Meghir, Mårten Palme, and Marieke Schnabel #18145 (CH ED LS)
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A Precautionary Tale of Uncertain Tail Fattening
Martin L. Weitzman #18144 (EEE)
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The Dollar and its Discontents
Olivier Jeanne #18143 (IFM)
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"Getting the Biggest Bang for the Buck in Fiscal Policy"
Miles S. Kimball #18142 (EFG IFM ME PE)
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The Cost of Friendship
Paul Gompers, Vladimir Mukharlyamov, and Yuhai Xuan #18141 (CF)
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Post-Durban Climate Policy Architecture Based on Linkage of Cap-and-Trade Systems
Matthew Ranson and Robert N. Stavins #18140 (EEE PE POL)
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Does Finance Cause Growth? Evidence from the Origins of Banking in Russia
Daniel Berkowitz, Mark Hoekstra, and Koen Schoors #18139 (EFG LE)
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The Euro and the global crises: finding the balance between short term stabilization and forward looking reforms
Joshua Aizenman #18138 (IFM)
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Does Mutual Fund Performance Vary over the Business Cycle?
André de Souza and Anthony W. Lynch #18137 (AP)
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Managing Catastrophic Risk
Howard Kunreuther and Geoffrey Heal #18136 (EEE)
Week of June 11, 2012 - June 18, 2012
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Inflation Tracking Portfolios
Christopher T. Downing, Francis A. Longstaff, and Michael A. Rierson #18135 ( AP)
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Does Strengthening Self-Defense Law Deter Crime or Escalate Violence? Evidence from Castle Doctrine
Cheng Cheng and Mark Hoekstra #18134 ( LE)
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The Life Cycle of Plants in India and Mexico
Chang-Tai Hsieh and Peter J. Klenow #18133 ( EFG PR)
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International Standards and International Trade: Empirical Evidence from ISO 9000 Diffusion
Joseph A. Clougherty and Michal Grajek #18132 ( IO ITI PR)
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Skill Premium and Trade Puzzles: a Solution Linking Production and Preferences
Justin Caron, Thibault Fally, and James R. Markusen #18131 ( ITI)
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How Deep Are the Roots of Economic Development?
Enrico Spolaore and Romain Wacziarg #18130 ( DAE EFG POL)
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Suffrage, Schooling, and Sorting in the Post-Bellum U.S. South
Suresh Naidu #18129 ( DAE ED LE POL)
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Growth-Rate and Uncertainty Shocks in Consumption: Cross-Country Evidence
Emi Nakamura, Dmitriy Sergeyev, and Jón Steinsson #18128 ( AP EFG IFM ME)
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The Incidence of an Oil Glut: Who Benefits from Cheap Crude Oil in the Midwest?
Severin Borenstein and Ryan Kellogg #18127 ( EEE IO)
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Decentralisation in Africa and the Nature of Local Governments' Competition: Evidence from Benin
Emilie Caldeira, Martial Foucault, and Grégoire Rota-Graziosi #18126 ( PE)
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Housing Market Spillovers: Evidence from the End of Rent Control in Cambridge Massachusetts
David H. Autor, Christopher J. Palmer, and Parag A. Pathak #18125 ( LS PE)
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Water Availability as a Constraint on China's Future Growth
Dana Medianu and John Whalley #18124 ( EEE EFG)
Week of June 4, 2012 - June 11, 2012
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Tall or Taller, Pretty or Prettier: Is Discrimination Absolute or Relative?
Daniel S. Hamermesh #18123 ( LS)
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Distance and Political Boundaries: Estimating Border Effects under Inequality Constraints.
Fernando Borraz, Alberto Cavallo, Roberto Rigobon, and Leandro Zipitría #18122 ( IFM ITI)
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Multinationals and the High Cash Holdings Puzzle
Lee Pinkowitz, René M. Stulz, and Rohan Williamson #18120 ( CF)
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Education and the Quality of Government
Juan Botero, Alejandro Ponce, and Andrei Shleifer #18119 ( PE POL)
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Does Decentralization Facilitate Access to Poverty-Related Services? Evidence from Benin
Emilie Caldeira, Martial Foucault, and Grégoire Rota-Graziosi #18118 ( PE)
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Democracy and Reforms: Evidence from a New Dataset
Paola Giuliano, Prachi Mishra, and Antonio Spilimbergo #18117 ( POL)
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NIH Peer Review: Challenges and Avenues for Reform
Pierre Azoulay, Joshua S. Graff Zivin, and Gustavo Manso #18116 ( PR)
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Meeting Urban Housing Needs: Do People Really Come to the Nuisance?
Brooks M. Depro, Christopher Timmins, and Maggie O'Neil #18109 ( EEE)
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Macroeconomics with Financial Frictions: A Survey
Markus K. Brunnermeier, Thomas M. Eisenbach, and Yuliy Sannikov #18102 ( AP CF EFG IFM ME)
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The Effects of Girl-Friendly Schools: Evidence from the BRIGHT School Construction Program in Burkina Faso
Harounan Kazianga, Dan Levy, Leigh L. Linden, and Matt Sloan #18115 (CH ED LS PE)
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Liquidity Traps and Expectation Dynamics: Fiscal Stimulus or Fiscal Austerity?
Jess Benhabib, George W. Evans, and Seppo Honkapohja #18114 (EFG)
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Why Trade Matters After All
Ralph Ossa #18113 (ITI)
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The Political Risks of Fighting Market Failures: Subversion, Populism and the Government Sponsored Enterprises
Edward L. Glaeser #18112 (PE POL)
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When Walmart Comes to Town: Always Low Housing Prices? Always?
Devin G. Pope and Jaren C. Pope #18111 (LS PE)
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Metropolitan Land Values and Housing Productivity
David Albouy and Gabriel Ehrlich #18110 (LS PE)
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Estimating the Tradeoff Between Risk Protection and Moral Hazard with a Nonlinear Budget Set Model of Health Insurance
Amanda E. Kowalski #18108 (AG HC PE)
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Trade Credit and Taxes
Mihir A. Desai, C. Fritz Foley, and James R. Hines Jr. #18107 (CF ITI PE)
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Men, Women, and Machines: How Trade Impacts Gender Inequality
Chinhui Juhn, Gergely Ujhelyi, and Carolina Villegas-Sanchez #18106 (ITI LS)
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Bankruptcy as Implicit Health Insurance
Neale Mahoney #18105 (HC HE LE PE)
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Volatility, the Macroeconomy and Asset Prices
Ravi Bansal, Dana Kiku, Ivan Shaliastovich, and Amir Yaron #18104 (AP EFG)
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Quality of Life, Firm Productivity, and the Value of Amenities across Canadian Cities
David Albouy, Fernando Leibovici, and Casey Warman #18103 (LS PE)
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The Effects of Democratization on Public Goods and Redistribution: Evidence from China
Monica Martinez-Bravo, Gerard Padró i Miquel, Nancy Qian, and Yang Yao #18101 (POL)
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Human Capital, Economic Growth, and Inequality in China
James J. Heckman and Junjian Yi #18100 (CH ED LS)
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Chronic Specie Scarcity and Efficient Barter: The Problem of Maintaining an Outside Money Supply in British Colonial America
Farley Grubb #18099 (DAE)
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Market Design in Cap and Trade Programs: Permit Validity and Compliance Timing
Stephen P. Holland and Michael R. Moore #18098 (EEE)
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When did the dollar overtake sterling as the leading international currency? Evidence from the bond markets
Livia Chitu, Barry Eichengreen, and Arnaud J. Mehl #18097 (DAE IFM)
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Cultural Proximity and Loan Outcomes
Raymond Fisman, Daniel Paravisini, and Vikrant Vig #18096 (CF LS)
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Private Returns to Public Office
Raymond Fisman, Florian Schulz, and Vikrant Vig #18095 (CF LE LS PE POL)
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Disentangling the Channels of the 2007-2009 Recession
James H. Stock and Mark W. Watson #18094 (EFG ME)
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Gender Differences in Bargaining Outcomes: A Field Experiment on Discrimination
Marco Castillo, Ragan Petrie, Máximo Torero, and Lise Vesterlund #18093 (LS PE)
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Managing Currency Pegs
Stephanie Schmitt-Grohé and Martín Uribe #18092 (IFM)
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Catch-up and Fall-back through Innovation and Imitation
Jess Benhabib, Jesse Perla, and Christopher Tonetti #18091 (EFG)
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China and the TPP: A Numerical Simulation Assessment of the Effects Involved
Chunding Li and John Whalley #18090 (IFM)
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Age-Based Heterogeneity and Pricing Regulation on the Massachusetts Health Insurance Exchange
Keith M. Marzilli Ericson and Amanda Starc #18089 (HC)
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Do Welfare Policies Matter for Labor Market Aggregates? Quantifying Safety Net Work Incentives since 2007
Casey B. Mulligan #18088 (EFG PE)
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The Heterogeneity of the Cigarette Price Effect on Body Mass Index
George Wehby and Charles J. Courtemanche #18087 (HC HE)
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Care or Cash? The Effect of Child Care Subsidies on Student Performance
Sandra E. Black, Paul J. Devereux, Katrine V. Løken, and Kjell G. Salvanes #18086 (CH ED LS)
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Slow Recoveries: A Structural Interpretation
Jordi Galí, Frank Smets, and Rafael Wouters #18085 (EFG ME)
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Financial Risk Measurement for Financial Risk Management
Torben G. Andersen, Tim Bollerslev, Peter F. Christoffersen, and Francis X. Diebold #18084 (AP EFG IFM)
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Networked FDI: Sales and Sourcing Patterns of Japanese Foreign Affiliates
Richard Baldwin and Toshihiro Okubo #18083 (ITI)
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Why Did So Many People Make So Many Ex Post Bad Decisions? The Causes of the Foreclosure Crisis
Christopher L. Foote, Kristopher S. Gerardi, and Paul S. Willen #18082 (EFG)
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Fixing the Patent Office
Mark A. Lemley #18081 (LE)
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Family Ties, Inheritance Rights, and Successful Poverty Alleviation: Evidence from Ghana
Edward Kutsoati and Randall Morck #18080 (CF)
Week of May 14, 2012 - May 21, 2012
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The Rise and Fall of Unions in the U.S.
Emin M. Dinlersoz and Jeremy Greenwood #18079 (EFG)
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A Markov-Switching Multi-Fractal Inter-Trade Duration Model, with Application to U.S. Equities
Fei Chen, Francis X. Diebold, and Frank Schorfheide #18078 (AP)
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Has the U.S. Finance Industry Become Less Efficient? On the Theory and Measurement of Financial Intermediation
Thomas Philippon #18077 (AP CF EFG PR)
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Sequential or Simultaneous Elections? A Welfare Analysis
Patrick Hummel and Brian Knight #18076 (PE POL)
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The Effect of Housing Wealth on College Choice: Evidence from the Housing Boom
Michael F. Lovenheim and C. Lockwood Reynolds #18075 (ED)
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Financial Constraints, Endogenous Markups, and Self-fulfilling Equilibria
Jess Benhabib and Pengfei Wang #18074 (EFG)
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Counterfeit or Substandard? The Role of Regulation and Distribution Channel in Drug Safety
Roger Bate, Ginger Zhe Jin, and Aparna Mathur #18073 (IO)
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Monetary Policy, Liquidity, and Growth
Philippe Aghion, Emmanuel Farhi, and Enisse Kharroubi #18072 (EFG ME)
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The Smart Grid, Entry, and Imperfect Competition in Electricity Markets
Hunt Allcott #18071 (EEE)
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Weathering the Storm: Hurricanes and Birth Outcomes
Janet Currie and Maya Rossin-Slater #18070 (CH HC HE)
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Price Discrimination in the Housing Market
Patrick Bayer, Marcus D. Casey, Fernando Ferreira, and Robert McMillan #18069 (PE)
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Quantile Treatment Effects of College Quality on Earnings: Evidence from Administrative Data in Texas
Rodney J. Andrews, Jing Li, and Michael F. Lovenheim #18068 (ED LS)
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Foreign Born Scientists: Mobility Patterns for Sixteen Countries
Chiara Franzoni, Giuseppe Scellato, and Paula Stephan #18067 (ED LS PR)
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The Money Value of a Man
Mark Huggett and Greg Kaplan #18066 (AP EFG LS)
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Revising Commitments: Field Evidence on the Adjustment of Prior Choices
Xavier Giné, Jessica Goldberg, Dan Silverman, and Dean Yang #18065 (LS PE)
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Identifying Confirmatory Bias in the Field: Evidence from a Poll of Experts
Rodney J. Andrews, Trevon D. Logan, and Michael J. Sinkey #18064 (DAE)
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Pseudo-Predictability in Conditional Asset Pricing Tests: Explaining Anomaly Performance with Politics, the Weather, Global Warming, Sunspots, and the Stars
Robert Novy-Marx #18063 (AP CF)
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Protectionism Isnât CounterâCyclic (anymore)
Andrew K. Rose #18062 (EFG IFM ITI)
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Comparative Advantage and the Welfare Impact of European Integration
Andrei A. Levchenko and Jing Zhang #18061 (IFM ITI)
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Does Employer-Provided Health Insurance Constrain Labor Supply Adjustments to Health Shocks? New Evidence on Women Diagnosed with Breast Cancer
Cathy J. Bradley, David Neumark, and Scott Barkowski #18060 (HE LS)
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House Price Moments in Boom-Bust Cycles
Todd M. Sinai #18059 (EFG ME PE)
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Nonlinear Adventures at the Zero Lower Bound
Jesús Fernández-Villaverde, Grey Gordon, Pablo A. Guerrón-Quintana, and Juan Rubio-RamÃrez #18058 (EFG)
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Country Size, Currency Unions, and International Asset Returns
Tarek Alexander Hassan #18057 (AP IFM ITI)
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Estimating Person-Centered Treatment (PeT) Effects Using Instrumental Variables
Anirban Basu #18056 (HC HE TWP)
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Estimating the Economic Impacts of Living Wage Mandates Using Ex Ante Simulations, Longitudinal Estimates, and New Public and Administrative Data: Evidence for New York City
David Neumark, Matthew Thompson, Francesco Brindisi, Leslie Koyle, and Clayton Reck #18055 (LS)
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The China Syndrome: Local Labor Market Effects of Import Competition in the United States
David H. Autor, David Dorn, and Gordon H. Hanson #18054 (IFM LS)
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Evidence on the Impact of R&D and ICT Investment on Innovation and Productivity in Italian Firms
Bronwyn H. Hall, Francesca Lotti, and Jacques Mairesse #18053 (PR)
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Bubble Thy Neighbor: Portfolio Effects and Externalities from Capital Controls
Kristin Forbes, Marcel Fratzscher, Thomas Kostka, and Roland Straub #18052 (CF IFM)
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Macro-Prudential Policy in a Fisherian model of Financial Innovation
Javier Bianchi, Emine Boz, and Enrique G. Mendoza #18036 (IFM)
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The Impact of the 2009 Federal Tobacco Excise Tax Increase on Youth Tobacco Use
Jidong Huang and Frank J. Chaloupka, IV #18026 (HE)
Week of May 7, 2012 - May 14, 2012
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How is Economic Hardship Avoided by Those Retiring Before the Social Security Entitlement Age?
Kevin S. Milligan #18051 (AG)
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Should Benchmark Indices Have Alpha? Revisiting Performance Evaluation
Martijn Cremers, Antti Petajisto, and Eric Zitzewitz #18050 (AP CF)
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Education and Military Rivalry
Philippe Aghion, Torsten Persson, and Dorothee Rouzet #18049 (POL)
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Industrial Policy and Competition
Philippe Aghion, Mathias Dewatripont, Luosha Du, Ann Harrison, and Patrick Legros #18048 (EFG IO)
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The Impact of Immigration on the Educational Attainment of Natives
Jennifer Hunt #18047 (LS)
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Parametric Inference and Dynamic State Recovery from Option Panels
Torben G. Andersen, Nicola Fusari, and Viktor Todorov #18046 (AP)
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Why do we Redistribute so Much but Tag so Little? The principle of equal sacrifice and optimal taxation
Matthew C. Weinzierl #18045 (PE)
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Cash for Coolers
Lucas W. Davis, Alan Fuchs, and Paul J. Gertler #18044 (EEE)
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Variation in Systemic Risk at US Banks During 1974-2010
Armen Hovakimian, Edward J. Kane, and Luc Laeven #18043 (CF)
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Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment
Sylvain Leduc and Daniel Wilson #18042 (EFG PE)
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Competition, Markups, and the Gains from International Trade
Chris Edmond, Virgiliu Midrigan, and Daniel Yi Xu #18041 (EFG IO ITI PR)
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On Fiscal Illusion and Ricardian Equivalence in Local Public Finance
H. Spencer Banzhaf and Wallace E. Oates #18040 (EEE PE)
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The Effect of Village-Based Schools: Evidence from a Randomized Controlled Trial in Afghanistan
Dana Burde and Leigh L. Linden #18039 (CH ED LS PE)
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Knowledge, Tests, and Fadeout in Educational Interventions
Elizabeth U. Cascio and Douglas O. Staiger #18038 (CH ED LS)
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Effective and Equitable Adoption of Opt-In Residential Dynamic Electricity Pricing
Severin Borenstein #18037 (EEE IO)
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The Nature of Countercyclical Income Risk
Fatih Guvenen, Serdar Ozkan, and Jae Song #18035 (AP EFG IFM LS ME)
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Misallocation and Productivity Effects of the Smoot-Hawley Tariff
Eric W. Bond, Mario J. Crucini, Tristan Potter, and Joel Rodrigue #18034 (DAE IFM ITI)
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Up in Smoke: The Influence of Household Behavior on the Long-Run Impact of Improved Cooking Stoves
Rema Hanna, Esther Duflo, and Michael Greenstone #18033 (EEE HC HE PE)
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Comovement in GDP Trends and Cycles Among Trading Partners
Bruce A. Blonigen, Jeremy Piger, and Nicholas Sly #18032 (IFM ITI)
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Prudential Policy for Peggers
Stephanie Schmitt-Grohe and Martin Uribe #18031 (EFG IFM ME)
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Misallocation, Property Rights, and Access to Finance: Evidence from Within and Across Africa
Sebnem Kalemli-Ozcan and Bent E. Sorensen #18030 (IFM)
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Testing Motives for Charitable Giving: A Revealed-Preference Methodology with Experimental Evidence
Rahul Deb, Robert S. Gazzale, and Matthew J. Kotchen #18029 (EEE PE)
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Developing countries financial vulnerability to the euro crisis: An event study of equity and bond markets
Joshua Aizenman, Yothin Jinjarak, Minsoo Lee, and Donghyun Park #18028 (IFM)
Week of Apr 30, 2012 - May 7, 2012
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The Anatomy of a Credit Crisis: The Boom and Bust in Farm Land Prices in the United States in the 1920s.
Raghuram Rajan and Rodney Ramcharan #18027 (CF DAE ME)
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The Impact of Health Information Technology on Hospital Productivity
Jinhyung Lee, Jeffery S. McCullough, and Robert J. Town #18025 (HC PR)
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Winning by Losing: Evidence on the Long-Run Effects of Mergers
Ulrike Malmendier, Enrico Moretti, and Florian S. Peters #18024 (AP CF)
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The Impact of Patient Cost-Sharing on the Poor: Evidence from Massachusetts
Amitabh Chandra, Jonathan Gruber, and Robin McKnight #18023 (HC)
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Equilibrium Labor Turnover, Firm Growth and Unemployment
Melvyn G. Coles and Dale T. Mortensen #18022 (EFG)
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Banks, Free Banks, and U.S. Economic Growth
Matthew Jaremski and Peter L. Rousseau #18021 (DAE ME)
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Why Do Firms Own Production Chains?
Enghin Atalay, Ali Hortacsu, and Chad Syverson #18020 (IO PR)
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The demand for, and consequences of, formalization among informal firms in Sri Lanka
Suresh De Mel, David McKenzie, and Christopher Woodruff #18019 (PR)
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Sales Taxes and Internet Commerce
Liran Einav, Dan Knoepfle, Jonathan D. Levin, and Neel Sundaresan #18018 (IO ITI LE PE)
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Toward an Understanding of Learning by Doing: Evidence from an Automobile Assembly Plant
Steven D. Levitt, John A. List, and Chad Syverson #18017 (IO PR)
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Empowering Women Through Education: Evidence from Sierra Leone
Naci H. Mocan and Colin Cannonier #18016 (CH ED HE)
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Debt Overhangs: Past and Present
Carmen M. Reinhart, Vincent R. Reinhart, and Kenneth S. Rogoff #18015 (IFM ME)
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Riester Pensions in Germany: Design, Dynamics, Targetting Success and Crowding-In
Axel H. Börsch-Supan, Michela Coppola, and Anette Reil-Held #18014 (AG)
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Resolving the African Financial Development Gap: Cross-Country Comparisons and a Within-Country Study of Kenya
Franklin Allen, Elena Carletti, Robert Cull, Jun Qian, Lemma Senbet, and Patricio Valenzuela #18013 (IFM)
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Fuel Economy and Safety: The Influences of Vehicle Class and Driver Behavior
Mark R. Jacobsen #18012 (EEE)
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A Nation of Immigrants: Assimilation and Economic Outcomes in the Age of Mass Migration
Ran Abramitzky, Leah Platt Boustan, and Katherine Eriksson #18011 (DAE LS)
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Measuring Test Measurement Error: A General Approach
Donald Boyd, Hamilton Lankford, Susanna Loeb, and James Wyckoff #18010 (ED)
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Entitlement Reforms in Europe: Policy Mixes in the Current Pension Reform Process
Axel H. Börsch-Supan #18009 (AG PE)
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Goods Trade, Factor Mobility and Welfare
Stephen J. Redding #18008 (ITI)
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The Effect of Conventional and Unconventional Monetary Policy Rules on Inflation Expectations: Theory and Evidence
Roger E.A. Farmer #18007 (EFG)
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Comparing Real Wages
Orley C. Ashenfelter #18006 (LS)
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Would You Buy a Honda Made in the U.S.? The Impact of Production Location on Manufacturing Quality
Nicola Lacetera and Justin R. Sydnor #18005 (IO PR)
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The Evolving Importance of Banks and Securities Markets
Asli Demirguc-Kunt, Erik Feyen, and Ross Levine #18004 (CF EFG IFM)
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Demand for Smokeless Tobacco: Role of Magazine Advertising
Dhaval M. Dave and Henry Saffer #18003 (HC HE IO)
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Primate Evidence on the Late Health Effects of Early Life Adversity
Gabriella Conti, Christopher Hansman, James J. Heckman, Matthew F. X. Novak, Angela Ruggiero, and Stephen J. Suomi #18002 (CH HC HE)
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Executives' "Off-The-Job" Behavior, Corporate Culture, and Financial Reporting Risk
Robert Davidson, Aiyesha Dey, and Abbie J. Smith #18001 (CF)
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Status Competition and Housing Prices
Shang-Jin Wei, Xiaobo Zhang, and Yin Liu #18000 (AP IFM)
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Patent Disclosure in Standard Setting
Bernhard Ganglmair and Emanuele Tarantino #17999 (IO LE)
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Can Oil Prices Forecast Exchange Rates?
Domenico Ferraro, Kenneth S. Rogoff, and Barbara Rossi #17998 (IFM ME)
-
Is Paper Money Just Paper Money? Experimentation and Local Variation in the Fiat Paper Monies Issued by the Colonial Governments of British North America, 1690-1775: Part I
Farley Grubb #17997 (DAE)
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Saving Babies: The Contribution of Sheppard-Towner to the Decline in Infant Mortality in the 1920s
Carolyn M. Moehling and Melissa A. Thomasson #17996 (DAE)
-
Following Through on Good Intentions: The Power of Planning Prompts
Katherine L. Milkman, John Beshears, James J. Choi, David Laibson, and Brigitte C. Madrian #17995 (AG HC HE)
-
The World our Grandchildren Will Inherit: The Rights Revolution and Beyond
Daron Acemoglu #17994 (DAE)
-
Trends in Occupational Segregation by Gender 1970-2009: Adjusting for the Impact of Changes in the Occupational Coding System
Francine D. Blau, Peter Brummund, and Albert Yung-Hsu Liu #17993 (LS)
-
Is India's Manufacturing Sector Moving Away From Cities?
Ejaz Ghani, Arti Grover Goswami, and William R. Kerr #17992 (PR)
-
Trade and Inequality: From Theory to Estimation
Elhanan Helpman, Oleg Itskhoki, Marc-Andreas Muendler, and Stephen J. Redding #17991 (ITI)
-
School Turnarounds: Evidence from the 2009 Stimulus
Thomas Dee #17990 (ED)
-
A Theory of Optimal Capital Taxation
Thomas Piketty and Emmanuel Saez #17989 (PE)
-
Defaults and Attention: The Drop Out Effect
Andrew Caplin and Daniel J. Martin #17988 (PE)
-
Medicare Reimbursements and Shortages of Sterile Injectable Pharmaceuticals
Ali Yurukoglu #17987 (HC HE IO)
-
On The Political Economy Of Educational Vouchers
Dennis N. Epple and Richard Romano #17986 (CH ED PE)
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Heterogeneity in Human Capital Investments: High School Curriculum, College Major, and Careers
Joseph G. Altonji, Erica Blom, and Costas Meghir #17985 (ED LS)
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Epilogue: Foreign-Exchange-Market Operations in the Twenty-First Century
Michael D. Bordo, Owen Humpage, and Anna J. Schwartz #17984 (DAE ME)
-
The Choice between Formal and Informal Intellectual Property: A Literature Review
Bronwyn H. Hall, Christian Helmers, Mark Rogers, and Vania Sena #17983 (IO LE PR)
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The Evolution of Income, Consumption, and Leisure Inequality in The US, 1980-2010
Orazio Attanasio, Erik Hurst, and Luigi Pistaferri #17982 (EFG)
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How much do firms pay as bribes and what benefits do they get? Evidence from corruption cases worldwide
Yan Leung Cheung, P. Raghavendra Rau, and Aris Stouraitis #17981 (LE)
-
University Entrepreneurship and Professor Privilege
Erika Farnstrand Damsgaard and Marie C. Thursby #17980 (PR)
-
Medieval Universities, Legal Institutions, and the Commercial Revolution
Davide Cantoni and Noam Yuchtman #17979 (DAE ED LE LS POL)
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Microeconomic Sources of Real Exchange Rate Variability
Mario J. Crucini and Christopher I. Telmer #17978 (EFG IFM ITI ME)
-
Externalities, Internalities, and the Targeting of Energy Policy
Hunt Allcott, Sendhil Mullainathan, and Dmitry Taubinsky #17977 (EEE PE)
-
Global Supply Chains and Wage Inequality
Arnaud Costinot, Jonathan Vogel, and Su Wang #17976 (ITI)
-
A Theory of Firm Characteristics and Stock Returns: The Role of Investment-Specific Shocks
Leonid Kogan and Dimitris Papanikolaou #17975 (AP)
-
Measuring Total Household Spending in a Monthly Internet Survey: Evidence from the American Life Panel
Michael D. Hurd and Susann Rohwedder #17974 (AG)
-
Stock Price Expectations and Stock Trading
Michael D. Hurd and Susann Rohwedder #17973 (AG)
-
The Effect of Work First Job Placements on the Distribution of Earnings: An Instrumental Variable Quantile Regression Approach
David H. Autor, Susan N. Houseman, and Sari Pekkala Kerr #17972 (LS)
-
Productivity and the Welfare of Nations
Susanto Basu, Luigi Pascali, Fabio Schiantarelli, and Luis Serven #17971 (EFG ITI PR)
-
Choice Probability Generating Functions
Mogens Fosgerau, Daniel L. McFadden, and Michel Bierlaire #17970 (AG)
-
Ricardo's Theory of Comparative Advantage: Old Idea, New Evidence
Arnaud Costinot and Dave Donaldson #17969 (ITI)
-
Corruption
Abhijit Banerjee, Sendhil Mullainathan, and Rema Hanna #17968 (POL)
-
Inflation Targeting and Financial Stability
Michael Woodford #17967 (ME)
-
The Labor Market Four Years Into the Crisis: Assessing Structural Explanations
Jesse Rothstein #17966 (EFG LS)
-
Why is the Teen Birth Rate in the United States so High and Why Does it Matter?
Melissa Schettini Kearney and Phillip B. Levine #17965 (CH HE LS)
-
Explaining Recent Trends in the U.S. Teen Birth Rate
Melissa Schettini Kearney and Phillip B. Levine #17964 (CH LS)
-
Trade, Variety, and Immigration
Chen Bo and David S. Jacks #17963 (DAE ITI)
-
Layoffs, Lemons and Temps
Christopher L. House and Jing Zhang #17962 (EFG LS)
-
The Rise of Middle Kingdoms: Emerging Economies in Global Trade
Gordon H. Hanson #17961 (ITI)
-
The Evolution of the Black-White Test Score Gap in Grades K-3: The Fragility of Results
Timothy N. Bond and Kevin Lang #17960 (CH ED LS)
-
Platform Pricing at Sports Card Conventions
Ginger Zhe Jin and Marc Rysman #17959 (IO)
-
Inflation Expectations and Readiness to Spend: Cross-Sectional Evidence
Rüdiger Bachmann, Tim O. Berg, and Eric R. Sims #17958 (EFG ME)
-
On the Generalizability of Experimental Results in Economics
Omar Al-Ubaydli and John A. List #17957 (PE)
-
How Frequent Are Small Price Changes?
Martin S. Eichenbaum, Nir Jaimovich, Sergio Rebelo, and Josephine Smith #17956 (EFG ME)
-
Unveiling the Mystery of Online Pharmacies: an Audit Study
Roger Bate, Ginger Zhe Jin, and Aparna Mathur #17955 (IO)
-
How Can Bill and Melinda Gates Increase Other People's Donations to Fund Public Goods?
Dean Karlan and John A. List #17954 (PE)
-
A theory of the perturbed consumer with general budgets
Daniel L. McFadden and Mogens Fosgerau #17953 (AG)
-
A Personal Touch: Text Messaging for Loan Repayment
Dean Karlan, Melanie Morten, and Jonathan Zinman #17952 (CF LS)
-
Who Suffers During Recessions?
Hilary W. Hoynes, Douglas L. Miller, and Jessamyn Schaller #17951 (CH ED LS AP)
-
The Impact of a Corporate Culture of Sustainability on Corporate Behavior and Performance
Robert G. Eccles, Ioannis Ioannou, and George Serafeim #17950 (CF)
-
Education, Cognition, Health Knowledge, and Health Behavior
Naci H. Mocan and Duha Tore Altindag #17949 (CH HE)
-
Costly Labor Adjustment: Effects of China's Employment Regulations
Russell Cooper, Guan Gong, and Ping Yan #17948 (EFG)
-
Salience and Consumer Choice
Pedro Bordalo, Nicola Gennaioli, and Andrei Shleifer #17947 (CF IO)
-
The Mystery of Zero-Leverage Firms
Ilya A. Strebulaev and Baozhong Yang #17946 (CF)
-
Investment Busts, Reputation, and the Temptation to Blend in with the Crowd
Steven Grenadier, Andrey Malenko, and Ilya A. Strebulaev #17945 (CF PR)
-
Debt Deleveraging and The Exchange Rate
Pierpaolo Benigno and Federica Romei #17944 (EFG IFM ME)
-
Price Subsidies, Diagnostic Tests, and Targeting of Malaria Treatment: Evidence from a Randomized Controlled Trial
Jessica Cohen, Pascaline Dupas, and Simone G. Schaner #17943 (CH HE)
-
Do Private Equity Managers Earn Their Fees? Compensation, Ownership, and Cash Flow Performance
David T. Robinson and Berk A. Sensoy #17942 (CF PR)
-
A Series of Unfortunate Events: Common Sequencing Patterns in Financial Crises
Carmen M. Reinhart #17941 (ME)
-
Tailspotting: How Disclosure, Stock Prices and Volatility Change When CEOs Fly to Their Vacation Homes
David Yermack #17940 (CF LE)
-
School Governance, Teacher Incentives, and Pupil-Teacher Ratios: Experimental Evidence from Kenyan Primary Schools
Esther Duflo, Pascaline Dupas, and Michael Kremer #17939 (CH ED)
-
Remedies for Sick Insurance
Daniel L. McFadden, Carlos E. Noton, and Pau Olivella #17938 (AG)
-
Is There "Too Much" Inequality in Health Spending Across Income Groups?
Laurence Ales, Roozbeh Hosseini, and Larry E. Jones #17937 (EFG HE PE)
-
Do High-Cost Hospitals Deliver Better Care? Evidence from Ambulance Referral Patterns
Joseph J. Doyle, Jr., John A. Graves, Jonathan Gruber, and Samuel Kleiner #17936 (AG HC HE)
-
Debt Financing in Asset Markets
Zhiguo He and Wei Xiong #17935 (AP CF)
-
Liquidity, Business Cycles, and Monetary Policy
Nobuhiro Kiyotaki and John Moore #17934 (EFG ME)