New This Week Archive

NBER Working Papers released in the past, by week.

Week of March 22, 2009 - March 28, 2009

• Determinants of Technology Adoption: Private Value and Peer Effects in Menstrual Cup Take-Up
  Emily Oster and Rebecca Thornton #14828 (HE, LS)
  
• Five Decades of Consumption and Income Poverty
  Bruce D. Meyer and James X. Sullivan #14827 (CH, LS, PE)
  
• Financial Instability, Reserves, and Central Bank Swap Lines in the Panic of 2008
  Maurice Obstfeld, Jay C. Shambaugh, and Alan M. Taylor #14826 (IFM)
  
• Preferences for Redistribution
  Alberto F. Alesina and Paola Giuliano #14825 (LE, POL)
  
• New-Keynesian Economics: An AS-AD View
  Pierpaolo Benigno #14824 (EFG, IFM, ME)
  
• Needle Sharing and HIV Transmission: A Model with Markets and Purposive Behavior
  Ajay Mahal, Brendan O'Flaherty, and David E. Bloom #14823 (HE, LE)
  
• The Rise of the Service Economy
  Francisco J. Buera and Joseph P. Kaboski #14822 (EFG)
  
• Selective Swap Arrangements and the Global Financial Crisis: Analysis and Interpretation
  Joshua Aizenman and Gurnain Kaur Pasricha #14821 (IFM, ITI)
  
• The Cost of Low Fertility in Europe
  David E. Bloom, David Canning, Gýnther Fink, and Jocelyn E. Finlay #14820 (AG)
  
• Of Mice and Academics: Examining the Effect of Openness on Innovation
  Fiona Murray, Philippe Aghion, Mathias Dewatripont, Julian Kolev, and Scott Stern #14819 (EFG)
  
• Hysteresis in Unemployment: Old and New Evidence
  Laurence M. Ball #14818 (EFG, ME)
  
• Do Newspapers Matter? Evidence from the Closure of The Cincinnati Post
  Sam Schulhofer-Wohl and Miguel Garrido #14817 (PE)
  
• Time of Troubles: The Yen and Japan's Economy, 1985-2008
  Maurice Obstfeld #14816 (EFG, IFM)
  
• Confidence Risk and Asset Prices
  Ravi Bansal and Ivan Shaliastovich #14815 (AP, CF, ME)
  
• Learning and Asset-Price Jumps
  Ravi Bansal and Ivan Shaliastovich #14814 (AP, CF, ME)
  
• Depression Babies: Do Macroeconomic Experiences Affect Risk-Taking?
  Ulrike Malmendier and Stefan Nagel #14813 (AP, CF, LS)
  
• Self-Enforcing Trade Agreements and Private Information
  Kyle Bagwell #14812 (ITI)
  
• Coping with Chronic Disease? Chronic Disease and Disability in Elderly American Population 1982-1999
  Gabriel Aranovich, Jay Bhattacharya, Alan M. Garber, and Thomas E. MaCurdy #14811 (AG, HC, HE)
  
• Learning about academic ability and the college drop-out decision
  Todd R. Stinebrickner and Ralph Stinebrickner #14810 (ED)
  
• When Does Labor Scarcity Encourage Innovation?
  Daron Acemoglu #14809 (LS)
  

Week of March 15, 2009 - March 21, 2009

• Debt Literacy, Financial Experiences, and Overindebtedness
  Annamaria Lusardi and Peter Tufano #14808 (AG)
  
• Alternative Labor Market Policies to Increase Economic Self-Sufficiency: Mandating Higher Wages, Subsidizing Employment, and Increasing Productivity
  David Neumark #14807 (LS)
  
• The Wealth of Cities: Agglomeration Economies and Spatial Equilibrium in the United States
  Edward L. Glaeser and Joshua D. Gottlieb #14806 (LS)
  
• Exploring Differences in Employment between Household and Establishment Data
  Katharine G. Abraham, John C. Haltiwanger, Kristin Sandusky, and James Spletzer #14805 (EFG, LS)
  
• Maxing Out: Stocks as Lotteries and the Cross-Section of Expected Returns
  Turan G. Bali, Nusret Cakici, and Robert F. Whitelaw #14804 (AP)
  
• Profit Shifting and Trade Agreements in Imperfectly Competitive Markets
  Kyle Bagwell and Robert W. Staiger #14803 (ITI)
  
• What Segments Equity Markets?
  Geert Bekaert, Campbell R. Harvey, Christian Lundblad, and Stephan Siegel #14802 (AP, IFM)
  
• Civil War
  Christopher Blattman and Edward Miguel #14801 (ED, LS, PE, POL)
  
• Labor Force Participation of Older Males in Korea: 1955-2005
  Chulhee Lee #14800 (AG)
  
• The Real Swing Voter's Curse
  James A. Robinson and Ragnar Torvik #14799 (POL)
  
• Generating Evidence to Guide Merger Enforcement
  Orley C. Ashenfelter, Daniel Hosken, and Matthew Weinberg #14798 (LE, PE)
  
• Public Knowledge, Private Knowledge: The Intellectual Capital of Entrepreneurs
  Albert Link and Christopher Ruhm #14797 (HC, HE, IO, PR)
  
• The Analytics of the Wage Effect of Immigration
  George J. Borjas #14796 (LS)
  
• Consumption and Real Exchange Rates in Professional Forecasts
  Michael B. Devereux, Gregor W. Smith, and James Yetman #14795 (IFM)
  
• Valuation Effects and the Dynamics of Net External Assets
  Michael B. Devereux and Alan Sutherland #14794 (IFM)
  
• The Effect of Property Taxes on Location Decisions:Evidence From the Market for Vacation Homes
  Erik B. Johnson and Randall Walsh #14793 (PE)
  
• Internationalization of U.S. Doctorate Education
  John Bound, Sarah Turner, and Patrick Walsh #14792 (ED, LS)
  
• Central Bank Transparency: Causes, Consequences and Updates
  Nergiz Dincer and Barry Eichengreen #14791 (IFM)
  

Week of March 8, 2009 - March 14, 2009

• Changes in U.S. Hospitalization and Mortality Rates Following Smoking Bans
  Kanaka D. Shetty, Thomas DeLeire, Chapin White, and Jayanta Bhattacharya #14790 (HC, HE)
  
• Labor Regulations, Unions, and Social Protection in Developing Countries: Market distortions or Efficient Institutions?
  Richard B. Freeman #14789 (LS)
  
• The Long-Run Risks Model and Aggregate Asset Prices: An Empirical Assessment
  Jason Beeler and John Y. Campbell #14788 (AP)
  
• Reset Price Inflation and the Impact of Monetary Policy Shocks
  Mark Bils, Peter J. Klenow, and Benjamin A. Malin #14787 (EFG, ME)
  
• Foreign Ownership and Firm Performance: Emerging-Market Acquisitions in the United States
  Anusha Chari, Wenjie Chen, and Kathryn M.E. Dominguez #14786 (IFM)
  
• Vanishing Third World Emigrants?
  Timothy J. Hatton and Jeffrey G. Williamson #14785 (DAE)
  
• Migration and the welfare state: Dynamic Political-Economy Theory
  Assaf Razin, Efraim Sadka, and Benjarong Suwankiri #14784 (IFM)
  
• The Slave Trade and the Origins of Mistrust in Africa
  Nathan Nunn and Leonard Wantchekon #14783 (ITI)
  
• New Keynesian versus Old Keynesian Government Spending Multipliers
  John F. Cogan, Tobias Cwik, John B. Taylor, and Volker Wieland #14782 (EFG)
  
• Did Vietnam Veterans Get Sicker in the 1990s? The Complicated Effects of Military Service on Self-Reported Health
  Joshua D. Angrist, Stacey H. Chen, and Brigham R. Frandsen #14781 (HC, HE, LS, PE)
  
• Do Financial Incentives Help Low-Performing Schools Attract and Keep Academically Talented Teachers? Evidence from California
  Jennifer L. Steele, Richard J. Murnane, and John B. Willett #14780 (ED, LS)
  
• On the Paradox of Prudential Regulations in the Globalized Economy: International Reserves and the Crisis a Reassessment
  Joshua Aizenman #14779 (IFM, ITI)
  
• Value-Added to What? How a Ceiling in the Testing Instrument Influences Value-Added Estimation
  Cory Koedel and Julian Betts #14778 (ED)
  
• REDUCED-CLASS DISTINCTIONS: EFFORT, ABILITY, AND THE EDUCATION PRODUCTION FUNCTION
  Philip Babcock and Julian R. Betts #14777 (ED)
  
• Margins of Multinational Labor Substitution
  Marc-Andreas Muendler and Sascha O. Becker #14776 (ITI, LS)
  
• Beyond Incentives: Do Schools use Accountability Rewards Productively?
  Marigee Bacolod, John DiNardo, and Mireille Jacobson #14775 (ED, LS, PE)
  
• Commodity Market Disintegration in the Interwar Period
  William Hynes, David S. Jacks, and Kevin H. O'Rourke #14767 (DAE, ITI)
  

Week of March 1, 2009 - March 7, 2009

• The Myth of the Frontier
  Camilo Garcia-Jimeno and James A. Robinson #14774 (DAE)
  
• Marriage Meets the Joneses: Relative Income, Identity, and Marital Status
  Tara Watson and Sara McLanahan #14773 (HE, LS)
  
• Optimal Endowment Destruction under Campbell-Cochrane Habit Formation
  Lars Ljungqvist and Harald Uhlig #14772 (AP, EFG, TWP)
  
• Competition and Political Organization: Together or Alone in Lobbying for Trade Policy?
  Matilde Bombardini and Francesco Trebbi #14771 (ITI, POL)
  
• A Note on Regime Switching, Monetary Policy, and Multiple Equilibria
  Jess Benhabib #14770 (EFG, ME)
  
• Innovation and Institutional Ownership
  Philippe Aghion, John Van Reenen, and Luigi Zingales #14769 (CF, PR)
  
• Quantitative Macroeconomics with Heterogeneous Households
  Jonathan Heathcote, Kjetil Storesletten, and Giovanni L. Violante #14768 (EFG)
  
• History without Evidence: Latin American Inequality since 1491
  Jeffrey G. Williamson #14766 (DAE)
  
• Winning Play in Spectrum Auctions
  Jeremy Bulow, Jonathan Levin, and Paul Milgrom #14765 (IO)
  
• Groupthink: Collective Delusions in Organizations and Markets
  Roland Benabou #14764 (AP, EFG, IO)
  
• Ottoman De-Industrialization 1800-1913: Assessing the Shock, Its Impact and the Response
  Sevket Pamuk and Jeffrey G. Williamson #14763 (DAE)
  
• Partisan Control, Media Bias, and Viewer Responses: Evidence from Berlusconi's Italy
  Ruben Durante and Brian Knight #14762 (PE, POL)
  

Week of February 22, 2009 - February 28, 2009

• Ratings Shopping and Asset Complexity: A Theory of Ratings Inflation
  Vasiliki Skreta and Laura Veldkamp #14761 (AP, CF, ME)
  
• Stock-Market Crashes and Depressions
  Robert J. Barro and Jose Ursua #14760 (AP, EFG, IFM)
  
• Choice Inconsistencies Among the Elderly: Evidence from Plan Choice in the Medicare Part D Program
  Jason T. Abaluck and Jonathan Gruber #14759 (AG, HC, HE, PE)
  
• The Broadband Bonus: Accounting for Broadband Internet's Impact on U.S. GDP
  Shane Greenstein and Ryan C. McDevitt #14758 (IO, PR)
  
• Are Stocks Really Less Volatile in the Long Run?
  Lubos Pastor and Robert F. Stambaugh #14757 (AP)
  
• A Martingale Representation for Matching Estimators
  Alberto Abadie and Guido Imbens #14756 (TWP)
  
• Sunk Costs and Risk-Based Barriers to Entry
  Robert S. Pindyck #14755 (IO)
  
• Risk Preferences in the PSID: Individual Imputations and Family Covariation
  Miles S. Kimball, Claudia R. Sahm, and Matthew D. Shapiro #14754 (AP, EFG, ME)
  
• Did the 2008 Tax Rebates Stimulate Spending?
  Matthew D. Shapiro and Joel B. Slemrod #14753 (EFG, ME, PE)
  
• Litigation and Regulation
  Joshua Schwartzstein and Andrei Shleifer #14752 (LE)
  
• Towards a System of Open Cities in China: Home Prices, FDI Flows and Air Quality in 35 Major Cities
  Siqi Zheng, Matthew E. Kahn, and Hongyu Liu #14751 (EEE, ITI)
  
• The Internet and Local Wages: Convergence or Divergence?
  Chris Forman, Avi Goldfarb, and Shane Greenstein #14750 (PR)
  

Week of February 15, 2009 - February 21, 2009

• Interracial Workplace Cooperation: Evidence from the NBA
  Joseph Price, Lars Lefgren, and Henry Tappen #14749 (LS)
  
• Commodity Price Volatility and World Market Integration since 1700
  David S. Jacks, Kevin H. O'Rourke, and Jeffrey G. Williamson #14748 (DAE, ITI)
  
• Where does regulation hurt? Evidence from new businesses across countries
  Silvia Ardagna and Annamaria Lusardi #14747 (AG)
  
• Technological Changes and Employment of Older Manufacturing Workers in Early Twentieth Century America
  Chulhee Lee #14746 (AG, DAE)
  
• Socioeconomic Differences in the Health of Black Union Army Soldiers
  Chulhee Lee #14745 (DAE)
  
• Income and Health Spending: Evidence from Oil Price Shocks
  Daron Acemoglu, Amy Finkelstein, and Matthew J. Notowidigdo #14744 (AG, EFG, HC, LS, PE)
  
• Modeling Earnings Dynamics
  Joseph G. Altonji, Anthony Smith, and Ivan Vidangos #14743 (EFG, LS, PE)
  
• Is Lottery Gambling Addictive?
  Jonathan Guryan and Melissa Schettini Kearney #14742 (HE, LS, PE)
  
• Earnings Inequality and Coordination Costs: Evidence From U.S. Law Firms
  Luis Garicano and Thomas Hubbard #14741 (IO, LS)
  
• Large Employers Are More Cyclically Sensitive
  Giuseppe Moscarini and Fabien Postel-Vinay #14740 (EFG)
  
• The Credit Crisis: Conjectures about Causes and Remedies
  Douglas W. Diamond and Raghuram Rajan #14739 (AP, CF, IFM, ME)
  
• The Skill Composition of Migration and the Generosity of the Welfare State
  Alon Cohen, Assaf Razin, and Efraim Sadka #14738 (IFM, ITI, PE)
  
• Dynamics of Consumer Demand for New Durable Goods
  Gautam Gowrisankaran and Marc Rysman #14737 (IO, PR)
  
• The Contribution of Highways to GDP Growth
  Barbara M. Fraumeni #14736 (PR)
  
• A New Metric for Banking Integration in Europe
  Reint Gropp and Anil Kashyap #14735 (CF, ME)
  
• International Portfolio Allocation under Model Uncertainty
  Pierpaolo Benigno and Salvatore Nisticý #14734 (AP, IFM, ME)
  
• Characteristics of Observed Limit Order Demand and Supply Schedules for Individual Stocks
  Jung-Wook Kim, Jason Lee, and Randall Morck #14733 (CF)
  
• A Sticky-Information General-Equilibrium Model for Policy Analysis
  Ricardo Reis #14732 (EFG, ME)
  
• Bretton Woods II Still Defines the International Monetary System
  Michael P. Dooley, David Folkerts-Landau, and Peter M. Garber #14731 (IFM)
  
• The distribution of wealth and fiscal policy in economies with finitely lived agents
  Jess Benhabib and Alberto Bisin #14730 (EFG)
  

Week of February 8, 2009 - February 14, 2009

• What Caused the Recession of 2008? Hints from Labor Productivity
  Casey Mulligan #14729 (EFG, PE)
  
• Maternal Smoking and the Timing of WIC Enrollment
  Theodore J. Joyce, Andrew D. Racine, and Cristina Yunzal-Butler #14728 (HE)
  
• A Note on Liquidity Risk Management
  Markus K. Brunnermeier and Motohiro Yogo #14727 (AP, CF)
  
• Optimal Bandwidth Choice for the Regression Discontinuity Estimator
  Guido Imbens and Karthik Kalyanaraman #14726 (LS, TWP)
  
• Implementing the New Fiscal Policy Activism
  Alan J. Auerbach #14725 (PE)
  
• Do Target CEOs Sell Out Their Shareholders to Keep Their Job in a Merger?
  Leonce L. Bargeron, Frederik P. Schlingemann, René M. Stulz, and Chad J. Zutter #14724 (CF)
  
• Regression Discontinuity Designs in Economics
  David S. Lee and Thomas Lemieux #14723 (ED, LS)
  
• The Euro and Fiscal Policy
  Antonio Fatas and Ilian Mihov #14722 (ME, PE)
  
• The Effect of Fast Food Restaurants on Obesity
  Janet Currie, Stefano DellaVigna, Enrico Moretti, and Vikram Pathania #14721 (CH, HE, LS, PE)
  
• International Evidence on the Social Context of Well-Being
  John F. Helliwell, Christopher P. Barrington-Leigh, Anthony Harris, and Haifang Huang #14720 (HE, IFM, LS, PE)
  
• Why We Need to Measure the Effect of Merger Policy and How to Do It
  Dennis W. Carlton #14719 (IO)
  
• Towards an Efficient Mechanism for Prescription Drug Procurement
  Kyna Fong and Michael Schwarz #14718 (HE)
  
• "Opt-Out" Rates at Motherhood Across High-Education Career Paths: Selection Versus Work Environment
  Jane Leber Herr and Catherine Wolfram #14717 (LS)
  
• Introduction to “China’s Growing Role in World Trade”
  Robert C. Feenstra and Shang-Jin Wei #14716 (ITI)
  
• New Ways to Make People Save: A Social Marketing Approach
  Annamaria Lusardi, Punam Anand Keller, and Adam M. Keller #14715 (AG)
  
• Financial Patenting in Europe
  Bronwyn H. Hall, Grid Thoma, and Salvatore Torrisi #14714 (IO, PR)
  
• Gender Differences in Risk Aversion and Ambiguity Aversion
  Lex Borghans, Bart H.H. Golsteyn, James J. Heckman, and Huub Meijers #14713 (LS)
  
• The Credit Ratings Game
  Patrick Bolton, Xavier Freixas, and Joel Shapiro #14712 (CF, IO)
  
• International Trade and the Negotiability of Global Climate Change Agreements
  John Whalley, Yuezhou Cai, and Raymond Riezman #14711 (EEE)
  

Week of February 1, 2009 - February 7, 2009

• Understanding Markov-Switching Rational Expectations Models
  Roger E.A. Farmer, Tao Zha, and Daniel F. Waggoner #14710 (EFG, ME)
  
• Long-Run Impacts of Unions on Firms: New Evidence from Financial Markets, 1961-1999
  David Lee and Alexandre Mas #14709 (LS)
  
• Understanding Commercial Real Estate: Just How Different from Housing Is It?
  Joseph Gyourko #14708 (PE)
  
• Do Teenagers Respond to HIV Risk Information? Evidence from a Field Experiment in Kenya
  Pascaline Dupas #14707 (CH)
  
• Comparing IV With Structural Models: What Simple IV Can and Cannot Identify
  James J. Heckman and Sergio Urzua #14706 (TWP)
  
• Stereotype Threat and the Student-Athlete
  Thomas S. Dee #14705 (ED)
  
• Economies of Density versus Natural Advantage: Crop Choice on the Back Forty
  Thomas J. Holmes and Sanghoon Lee #14704 (PR)
  
• Disclosure by Politicians
  Simeon Djankov, Rafael La Porta, Florencio Lopez-de-Silanes, and Andrei Shleifer #14703 (LE, POL)
  
• Government Transfers and Political Support
  Marco Manacorda, Edward Miguel, and Andrea Vigorito #14702 (PE, POL)
  
• Inflation Bets or Deflation Hedges? The Changing Risks of Nominal Bonds
  John Y. Campbell, Adi Sunderam, and Luis M. Viceira #14701 (AP, IFM, ME)
  
• New Estimation of China’s Exchange Rate Regime
  Jeffrey A. Frankel #14700 (IFM)
  
• Measuring the Financial Sophistication of Households
  Laurent E. Calvet, John Y. Campbell, and Paolo Sodini #14699 (AP)
  
• Risk Bearing, Implicit Financial Services and Specialization in the Financial Industry
  J. Christina Wang and Susanto Basu #14614 (PR)
  

Week of January 25, 2009 - January 31, 2009

• The Term Structures of Equity and Interest Rates
  Martin Lettau and Jessica A. Wachter #14698 (AP)
  
• The Demand for Youth: Implications for the Hours Volatility Puzzle
  Nir Jaimovich, Seth Pruitt, and Henry E. Siu #14697 (EFG)
  
• Reflections on Americans' Views of the Euro Ex Ante
  Martin S. Feldstein #14696 (IFM)
  
• The Economics and Psychology of Inequality and Human Development
  Flavio Cunha and James J. Heckman #14695 (CH, ED, HC, HE, PE)
  
• Commodity Price Shocks and the Australian Economy since Federation
  Sambit Bhattacharyya and Jeffrey G. Williamson #14694 (DAE)
  
• Savings Constraints and Microenterprise Development: Evidence from a Field Experiment in Kenya
  Pascaline Dupas and Jonathan Robinson #14693 (CH)
  
• Take-Up of Medicare Part D: Results from the Health and Retirement Study
  Helen Levy and David Weir #14692 (HC, HE, PE)
  
• International Finance and Growth in Developing Countries: What Have We Learned?
  Maurice Obstfeld #14691 (EFG, IFM)
  
• Instruments of development: Randomization in the tropics, and the search for the elusive keys to economic development
  Angus S. Deaton #14690 (AG, EFG, HC)
  
• Median Stable Matching
  Michael Schwarz and M. Bumin Yenmez #14689 (LS)
  
• Global Imbalances and Financial Fragility
  Ricardo J. Caballero and Arvind Krishnamurthy #14688 (AP, EFG, IFM)
  
• Municipal Debt and Marginal Tax Rates: Is there a Tax Premium in Asset Prices?
  Francis A. Longstaff #14687 (AP)
  
• Harvests and Business Cycles in Nineteenth-Century America
  Joseph H. Davis, Christopher Hanes, and Paul W. Rhode #14686 (DAE)
  
• Estimating the Effect of a Gasoline Tax on Carbon Emissions
  Lucas W. Davis and Lutz Kilian #14685 (EEE, PE)
  
• Rethinking the Role of Fiscal Policy
  Martin S. Feldstein #14684 (EFG, PE)
  
• Immigration and Inequality
  David Card #14683 (LS)
  
• Welfare and Generational Equity in Sustainable Unfunded Pension Systems
  Alan J. Auerbach and Ronald Lee #14682 (AG, PE)
  
• Dynamics of the Gender Gap for Young Professionals in the Corporate and Financial Sectors
  Marianne Bertrand, Claudia Goldin, and Lawrence F. Katz #14681 (DAE, LS)
  
• Temperature and Income: Reconciling New Cross-Sectional and Panel Estimates
  Melissa Dell, Benjamin F. Jones, and Benjamin A. Olken #14680 (EEE, EFG)
  
• Price Variation in Markets with Homogeneous Goods: The Case of Medigap
  Nicole Maestas, Mathis Schroeder, and Dana Goldman #14679 (HC)
  
• Is Monetary Policy Effective During Financial Crises?
  Frederic S. Mishkin #14678 (EFG, ME)
  

Week of January 18, 2009 - January 24, 2009

• The Econometrics of DSGE Models
  Jesús Fernández-Villaverde #14677 (EFG)
  
• Unemployment, Market Work and Household Production
  Michael Burda and Daniel S. Hamermesh #14676 (EFG, LS)
  
• "Momma's Got the Pill": How Anthony Comstock and Griswold v. Connecticut Shaped U.S. Childbearing
  Martha J. Bailey #14675 (DAE)
  
• Last-In First-Out Oligopoly Dynamics
  Jaap H. Abbring and Jeffrey R. Campbell #14674 (EFG)
  
• China's Current Account and Exchange Rate
  Yin-Wong Cheung, Menzie D. Chinn, and Eiji Fujii #14673 (IFM)
  
• Matching and Inequality in the World Economy
  Arnaud Costinot and Jonathan Vogel #14672 (ITI)
  
• The Impact of Children’s Public Health Insurance Expansions on Educational Outcomes
  Phillip B. Levine and Diane Whitmore Schanzenbach #14671 (CF, ED, HC, HE)
  
• R&D Investment, Exporting, and Productivity Dynamics
  Bee Yan Aw, Mark J. Roberts, and Daniel Yi Xu #14670 (ITI, PR)
  
• Momentum traders in the housing market: survey evidence and a search model
  Monika Piazzesi and Martin Schneider #14669 (AP, EFG, ME)
  
• Adaptation and the Boundary of Multinational Firms
  Arnaud Costinot, Lindsay Oldenski, and James E. Rauch #14668 (ITI)
  
• Retirement Income Security and Well-Being in Canada
  Michael Baker, Jonathan Gruber, and Kevin S. Milligan #14667 (AG)
  
• Student sorting and bias in value added estimation: Selection on observables and unobservables
  Jesse Rothstein #14666 (ED, LS)
  
• Who Bears Aggregate Fluctuations and How?
  Jonathan A. Parker and Annette Vissing-Jorgensen #14665 (AP, EFG, LS, ME)
  
• How Globalization Affects Tax Design
  James R. Hines, Jr. and Lawrence H. Summers #14664 (PE)
  
• The Integrated Financial and Real System of National Accounts for the United States: Does It Presage the Financial Crisis?
  Michael G. Palumbo and Jonathan A. Parker #14663 (AP, EFG, ME)
  
• The Margins of U.S. Trade (Long Version)
  Andrew B. Bernard, J. Bradford Jensen, Stephen J. Redding, and Peter K. Schott #14662 (ITI)
  
• Technological Change and the Growing Inequality in Managerial Compensation
  Hanno Lustig, Chad Syverson, and Stijn Van Nieuwerburgh #14661 (CF, EFG, PR)
  
• Public Policies and Women's Employment after Childbearing
  Wen-Jui Han, Christopher Ruhm, Jane Waldfogel, and Elizabeth Washbrook #14660 (CH, LS, PE)
  
• Payday Loans and Credit Cards: New Liquidity and Credit Scoring Puzzles?
  Sumit Agarwal, Paige M. Skiba, and Jeremy Tobacman #14659 (IO, ME)
  
• Some New Perspectives on India’s Approach to Capital Account Liberalization
  Eswar S. Prasad #14658 (IFM)
  
• Fiscal Foresight and Information Flows
  Eric M. Leeper, Todd B. Walker, and Shu-Chun Susan Yang #14630 (EFG)
  

Week of January 11, 2009 - January 17, 2009

• Sterling in crisis: 1964-1967
  Michael D. Bordo, Ronald MacDonald, and Michael J. Oliver #14657 (ME)
  
• The Aftermath of Financial Crises
  Carmen M. Reinhart and Kenneth S. Rogoff #14656 (IFM)
  
• Policy Choice: Theory and Evidence from Commitment via International Trade Agreements
  Nuno Limão and Patricia Tovar #14655 (ITI, LE, PE)
  
• Satisficing Contracts
  Patrick Bolton and Antoine Faure-Grimaud #14654 (CF, IO, LE)
  
• Life Expectancy and Old Age Savings
  Mariacristina De Nardi, Eric French, and John Bailey Jones #14653 (AG, HE, PE)
  
• This Job is 'Getting Old:' Measuring Changes in Job Opportunities Using Occupational Age Structure
  David Autor and David Dorn #14652 (LS)
  
• Inventories, Markups, and Real Rigidities in Menu Cost Models
  Oleksiy Kryvtsov and Virgiliu Midrigan #14651 (ME)
  
• Vertical Integration, Institutional Determinants and Impact: Evidence from China
  Joseph P.H. Fan, Jun Huang, Randall Morck, and Bernard Yeung #14650 (CF)
  
• Information, Liquidity, and the (Ongoing) Panic of 2007
  Gary B. Gorton #14649 (AP, CF, ME)
  
• Regulation and Distrust
  Philippe Aghion, Yann Algan, Pierre Cahuc, and Andrei Shleifer #14648 (CF, POL)
  
• Social Security Programs and Retirement Around the World: The Relationship to Youth Employment, Introduction and Summary
  Jonathan Gruber, Kevin Milligan, and David A. Wise #14647 (AG, PE, LS)
  
• Learning in Financial Markets
  Luboš Pástor and Pietro Veronesi #14646 (AP, CF)
  
• An Elementary Theory of Comparative Advantage
  Arnaud Costinot #14645 (ITI)
  
• Wages and Human Capital in the U.S. Financial Industry: 1909-2006
  Thomas Philippon and Ariell Reshef #14644 (AP, CF, EFG, LS)
  
• A Political Economy Theory of Partial Decentralization
  John William Hatfield and Gerard Padro i Miquel #14628 (PE, POL)
  

Week of January 4, 2009 - January 10, 2009

• Globalization and Income Distribution: A Specific Factors Continuum Approach
  James E. Anderson #14643 (ITI)
  
• Gravity, Productivity and the Pattern of Production and Trade
  James E. Anderson #14642 (ITI)
  
• Did Improvements in Household Technology Cause the Baby Boom? Evidence from Electrification, Appliance Diffusion, and the Amish
  Martha J. Bailey and William J. Collins #14641 (DAE)
  
• Did Railroads Induce or Follow Economic Growth? Urbanization and Population Growth in the American Midwest, 1850-60
  Jeremy Atack, Fred Bateman, Michael Haines, and Robert A. Margo #14640 (DAE)
  
• Do Bequests Increase or Decrease Wealth Inequalities?
  Charles Yuji Horioka #14639 (AG, EFG, PE)
  
• The Perils of the Learning Model For Modeling Endogenous Technological Change
  William D. Nordhaus #14638 (EEE, EFG, IO, PR)
  
• Life (evaluation), HIV/AIDS, and Death in Africa
  Angus Deaton, Jane Fortson, and Robert Tortora #14637 (AG, HC, HE, PE)
  
• How Big are the Gains from International Financial Integration?
  Indrit Hoxha, Sebnem Kalemli-Ozcan, and Dietrich Vollrath #14636 (EFG, IFM)
  
• Recent Trends in Height by Gender and Ethnicity in the US in Relation to Levels of Income
  John Komlos #14635 (DAE, HE)
  
• The Effects of Pharmaceutical Marketing and Promotion on Adverse Drug Events and Regulation
  Guy David, Sara Markowitz, and Seth Richards #14634 (HC, HE, LE)
  
• Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation
  Eric A. Hanushek and Ludger Woessmann #14633 (ED, EFG, LS, PE)
  
• Exporting and Firm Performance: Chinese Exporters and the Asian Financial Crisis
  Albert Park, Dean Yang, Xinzheng Shi, and Yuan Jiang #14632 (ITI)
  
• The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong
  John B. Taylor #14631 (EFG, IFM, ME)
  

Week of December 28, 2008 - January 3, 2008

• Incomplete-Market Equilibria Solved Recursively on an Event Tree
  Bernard Dumas and Andrew Lyasoff #14629 (AP, EFG, IFM, TWP)
  
• New Evidence on the Formation of Trade Policy Preferences
  Bruce Blonigen #14627 (ITI)
  
• Global Production and Trade in the Knowledge Economy
  Wolfgang Keller and Stephen R. Yeaple #14626 (ITI, PR)
  
• An Empirical Model of Subprime Mortgage Default from 2000 to 2007
  Patrick Bajari, Sean Chu, and Minjung Park #14625 (IO)
  
• Do Child Tax Benefits Affect the Wellbeing of Children? Evidence from Canadian Child Benefit Expansions
  Kevin Milligan and Mark Stabile #14624 (CH, HC, HE)
  
• Private Equity and Long-Run Investment: The Case of Innovation
  Josh Lerner, Morten Sorensen, and Per Stromberg #14623 (CF, PR)
  
• Behavioral Welfare Economics
  B. Douglas Bernheim #14622 (PE)
  
• Monetary Policy, Trend Inflation and the Great Moderation: An Alternative Interpretation
  Olivier Coibion and Yuriy Gorodnichenko #14621 (EFG, ME)
  
• Information-Constrained State-Dependent Pricing
  Michael Woodford #14620 (EFG, ME)
  
• Hospitals As Hotels: The Role of Patient Amenities in Hospital Demand
  Dana Goldman and John A. Romley #14619 (HC)
  
• Ex Ante Efficiency in School Choice Mechanisms: An Experimental Investigation
  Clayton Featherstone and Muriel Niederle #14618 (ED, LS)
  
• Unemployment Dynamics in the OECD
  Michael Elsby, Bart Hobijn, and Aysegul Sahin #14617 (EFG, LS, ME)
  
• A General-Equilibrium Asset-Pricing Approach to the Measurement of Nominal and Real Bank Output
  J. Christina Wang, Susanto Basu, and John G. Fernald #14616 (ME, PR)
  
• The Value of Risk: Measuring the Service Output of U.S. Commercial Banks
  Susanto Basu, Robert Inklaar, and J. Christina Wang #14615 (PR)
  
• A Theory of Firm Scope
  Oliver Hart and Bengt Holmstrom #14613 (CF, LE)
  

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