New This Week Archive

NBER Working Papers released in the past, by week.

Weekly papers released by March 31, 2014

• The Impact of Emerging Climate Risks on Urban Real Estate Price Dynamics
  Devin Bunten and Matthew E. Kahn #20018 (AP   EEE   PE)
  
• The Nature of Surgeon Human Capital Depreciation
  Jason M. Hockenberry and Lorens A. Helmchen #20017 (HC   HE)
  
• Specialty Drug Prices and Utilization After Loss of U.S. Patent Exclusivity, 2001-2007
  Rena M. Conti and Ernst R. Berndt #20016 (HC   HE   PR)
  
• Second Liens and the Holdup Problem in Mortgage Renegotiation
  Sumit Agarwal, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Yan Zhang #20015 (CF)
  
• Intellectual Property Rights, the Pool of Knowledge, and Innovation
  Joseph E. Stiglitz #20014 (PE   PR)
  
• Preferences, Selection, and Value Added: A Structural Approach
  Şaziye Pelin Akyol and Kala Krishna #20013 (ED      PE)
  
• Why Stars Matter
  Ajay Agrawal, John McHale, and Alexander Oettl #20012 (LS   PR)
  
• Predictability and Power in Legislative Bargaining
  S. Nageeb Ali, B. Douglas Bernheim, and Xiaochen Fan #20011 (PE   POL)
  
• Using Social Media to Measure Labor Market Flows
  Dolan Antenucci, Michael Cafarella, Margaret C. Levenstein, Christopher Ré, and Matthew D. Shapiro #20010 (EFG   LS   ME   PR)
  
• Debt, Taxes, and Liquidity
  Patrick Bolton, Hui Chen, and Neng Wang #20009 (AP   CF   PE)
  
• On the Role of Group Size in Tournaments: Theory and Evidence from Lab and Field Experiments
  John A. List, Daan Van Soest, Jan Stoop, and Haiwen Zhou #20008 (IO   PE)
  
• The Behavioralist As Tax Collector: Using Natural Field Experiments to Enhance Tax Compliance
  Michael Hallsworth, John A. List, Robert D. Metcalfe, and Ivo Vlaev #20007 (PE)
  

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Weekly papers released by March 24, 2014

• Does Classroom Time Matter? A Randomized Field Experiment of Hybrid and Traditional Lecture Formats in Economics
  Theodore J. Joyce, Sean Crockett, David A. Jaeger, Onur Altindag, and Stephen D. O'Connell #20006 (ED)
  
• Unintended Consequences of Products Liability: Evidence from the Pharmaceutical Market
  Eric Helland, Darius Lakdawalla, Anup Malani, and Seth A. Seabury #20005 (HC   HE   LE   PE)
  
• Democracy Does Cause Growth
  Daron Acemoglu, Suresh Naidu, Pascual Restrepo, and James A. Robinson #20004 (DEV   EFG   POL)
  
• Commodity-Price Comovement and Global Economic Activity
  Ron Alquist and Olivier Coibion #20003 (EFG   IFM   ME)
  
• A Global View of Cross-Border Migration
  Julian di Giovanni, Andrei A. Levchenko, and Francesc Ortega #20002 (IFM   ITI)
  
• Option Value of Work, Health Status, and Retirement Decisions in Japan: Evidence from the Japanese Study on Aging and Retirement (JSTAR)
  Satoshi Shimizutani, Takashi Oshio, and Mayu Fujii #20001 (PE)
  
• Getting Better or Feeling Better? How Equity Investors Respond to Investment Experience
  John Y. Campbell, Tarun Ramadorai, and Benjamin Ranish #20000 (AP)
  
• Payments Infrastructure and the Performance of Public Programs: Evidence from Biometric Smartcards in India
  Karthik Muralidharan, Paul Niehaus, and Sandip Sukhtankar #19999 (DEV   PE   POL)
  
• Risk Adjustment of Health Plan Payments to Correct Inefficient Plan Choice from Adverse Selection
  Jacob Glazer, Thomas G. McGuire, and Julie Shi #19998 (HC)
  
• Anatomy of a Credit Crunch: From Capital to Labor Markets
  Francisco J. Buera, Roberto Fattal-Jaef, and Yongseok Shin #19997 (EFG)
  
• Less Cash, Less Crime: Evidence from the Electronic Benefit Transfer Program
  Richard Wright, Erdal Tekin, Volkan Topalli, Chandler McClellan, Timothy Dickinson, and Richard Rosenfeld #19996 (HE   LE   LS   PE)
  
• Fiscal Federalism and Legislative Malapportionment: Causal Evidence from Independent but Related Natural Experiments
  Sebastian Galiani, Iván Torre, and Gustavo Torrens #19995 (DEV)
  
• Optimal Development Policies with Financial Frictions
  Oleg Itskhoki and Benjamin Moll #19994 (DEV   EFG   IFM)
  
• Price Cutting and Business Stealing in Imperfect Cartels
  B. Douglas Bernheim and Erik Madsen #19993 (IO)
  
• Trade, Skills, and Quality Upgrading: A Theory with Evidence from Colombia
  Ana Cecília Fieler, Marcela Eslava, and Daniel Xu #19992 (ITI   PR)
  
• Evasive Shareholder Meetings
  Yuanzhi Li and David Yermack #19991 (CF   LE)
  
• Large and Small Sellers: A Theory of Equilibrium Price Dispersion with Sequential Search
  Guido Menzio and Nicholas Trachter #19990 (EFG   IO)
  
• Who Benefits when the Government Pays More? Pass-Through in the Medicare Advantage Program
  Mark Duggan, Amanda Starc, and Boris Vabson #19989 (HE   PE)
  
• Optimal Employment Contracts with Hidden Search
  Rasmus Lentz #19988 (EFG)
  
• The Causal Effects of Competition on Innovation: Experimental Evidence
  Philippe Aghion, Stefan Bechtold, Lea Cassar, and Holger Herz #19987 (PR)
  
• Putting integrity Into Finance: A Purely Positive Approach
  Werner Erhard and Michael C. Jensen #19986 (CF)
  
• Nonlinearities in Sovereign Risk Pricing: The Role of CDS Index Contracts
  Anne-Laure Delatte, Julien Fouquau, and Richard Portes #19985 (AP   IFM)
  
• Why Do Banks Practice Regulatory Arbitrage? Evidence from Usage of Trust Preferred Securities
  Nicole M. Boyson, Rüdiger Fahlenbrach, and René M. Stulz #19984 (AP   CF)
  
• Education, Health and Wages
  James J. Heckman, John Eric Humphries, Gregory Veramendi, and Sergio Urzúa #19971 (CH   ED   HC   HE   LS   POL   TWP)
  

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Weekly papers released by March 17, 2014

• Instrumental Variables: An Econometrician's Perspective
  Guido W. Imbens #19983 (LS)
  
• Global Benefits of Marine Protected Areas
  James Rising and Geoffrey Heal #19982 (EEE)
  
• The Effects of Monetary Policy on Stock Market Bubbles: Some Evidence
  Jordi Gali and Luca Gambetti #19981 (AP   EFG   ME)
  
• The Transmission of Federal Reserve Tapering News to Emerging Financial Markets
  Joshua Aizenman, Mahir Binici, and Michael M. Hutchison #19980 (IFM)
  
• Does grief transfer across generations? In-utero deaths and child outcomes
  Sandra E. Black, Paul J. Devereux, and Kjell G. Salvanes #19979 (CH   ED   LS)
  
• Suicide and Property Rights in India
  Siwan Anderson and Garance Genicot #19978 (DEV)
  
• How Do Electricity Shortages Affect Productivity? Evidence from India
  Hunt Allcott, Allan Collard-Wexler, and Stephen D. O'Connell #19977 (DEV   EEE   IO   PR)
  
• Aspirations and Inequality
  Garance Genicot and Debraj Ray #19976 (DEV)
  
• Risk, Ambiguity, and the Exercise of Employee Stock Options
  Yehuda Izhakian and David Yermack #19975 (AP   CF)
  
• One Fundamental and Two Taxes: When Does a Tobin Tax Reduce Financial Price Volatility?
  Yongheng Deng, Xin Liu, and Shang-Jin Wei #19974 (AP   DEV   IFM)
  
• Uncertainty Traps
  Pablo Fajgelbaum, Edouard Schaal, and Mathieu Taschereau-Dumouchel #19973 (EFG)
  
• Rating Agencies
  Harold Cole and Thomas F. Cooley #19972 (CF   EFG)
  
• Liquidity Trap and Excessive Leverage
  Anton Korinek and Alp Simsek #19970 (EFG   IFM   ME)
  
• Estimating the Risk-Return Trade-off with Overlapping Data Inference
  Esben Hedegaard and Robert J. Hodrick #19969 (AP)
  
• Exporters and Shocks: Dissecting the International Elasticity Puzzle
  Doireann Fitzgerald and Stefanie Haller #19968 (IFM   ITI)
  
• Macroprudential Policies in a Global Perspective
  Olivier Jeanne #19967 (IFM)
  

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Weekly papers released by March 10, 2014

• The Missing "Missing Middle"
  Chang-Tai Hsieh and Benjamin A. Olken #19966 (   DEV   EFG   PE   PR)
  
• Household Demand for Low Carbon Public Policies: Evidence from California
  Matthew J. Holian and Matthew E. Kahn #19965 (EEE   PE   POL)
  
• Public Transit Bus Procurement: The Role of Energy Prices, Regulation and Federal Subsidies
  Shanjun Li, Matthew E. Kahn, and Jerry Nickelsburg #19964 (EEE   PE   POL)
  
• Uncovered Equity Parity and Rebalancing in International Portfolios
  Stephanie E. Curcuru, Charles P. Thomas, Francis E. Warnock, and Jon Wongswan #19963 (IFM)
  
• German-Jewish Emigres and U.S. Invention
  Petra Moser, Alessandra Voena, and Fabian Waldinger #19962 (DAE   LS   PR)
  
• Empowering Women: The Effect of Schooling on Young Women's Knowledge and Use of Contraception
  Mabel Andalón, Jenny Williams, and Michael Grossman #19961 (HE)
  
• Managing Credit Bubbles
  Alberto Martin and Jaume Ventura #19960 (EFG)
  
• Matching Methods in Practice: Three Examples
  Guido W. Imbens #19959 (LS)
  
• Asset Prices in a Lifecycle Economy
  Roger E.A. Farmer #19958 (EFG   IFM)
  
• Leverage and Beliefs: Personal Experience and Risk Taking in Margin Lending
  Peter Koudijs and Hans-Joachim Voth #19957 (AP)
  
• Negative Tests and the Efficiency of Medical Care: What Determines Heterogeneity in Imaging Behavior?
  Jason Abaluck, Leila Agha, Christopher Kabrhel, Ali Raja, and Arjun Venkatesh #19956 (AG   HC   HE   PE)
  
• Caveat Lector: Sample Selection in Historical Heights and the Interpretation of Early Industrializing Economies
  Howard Bodenhorn, Timothy Guinnane, and Thomas Mroz #19955 (DAE)
  
• The Effects of Medicare on Medical Expenditure Risk and Financial Strain
  Silvia Helena Barcellos and Mireille Jacobson #19954 (HC   HE)
  
• Opting Out of Good Governance
  C. Fritz Foley, Paul Goldsmith-Pinkham, Jonathan Greenstein, and Eric Zwick #19953 (CF)
  
• Using Bankruptcy to Reduce Foreclosures: Does Strip-down of Mortgages Affect the Supply of Mortgage Credit?
  Wenli Li, Ishani Tewari, and Michelle J. White #19952 (LE)
  
• Trapped Factors and China's Impact on Global Growth
  Nicholas Bloom, Paul M. Romer, Stephen J. Terry, and John Van Reenen #19951 (DEV   EFG   IFM   ITI   PR)
  
• The Sad Truth About Happiness Scales
  Timothy N. Bond and Kevin Lang #19950 (DEV   LS   PE)
  
• Election Fairness and Government Legitimacy in Afghanistan
  Eli Berman, Michael Callen, Clark Gibson, and James D. Long #19949 (DEV   POL)
  
• A Century of Capital Structure: The Leveraging of Corporate America
  John R. Graham, Mark T. Leary, and Michael R. Roberts #19910 (CF)
  
• Trial and Settlement: A Study of High-Low Agreements
  J.J. Prescott, Kathryn E. Spier, and Albert Yoon #19873 (LE)
  

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Weekly papers released by March 3, 2014

• Effects of Prescription Drug Insurance on Hospitalization and Mortality: Evidence from Medicare Part D
  Robert Kaestner, Cuiping Long, and G. Caleb Alexander #19948 (   HE)
  
• Patents as Quality Signals? The Implications for Financing Constraints on R&D
  Dirk Czarnitzki, Bronwyn H. Hall, and Hanna Hottenrott #19947 (   CF   PR)
  
• Maturity Rationing and Collective Short-Termism
  Konstantin Milbradt and Martin Oehmke #19946 (   CF)
  
• Do Loan Officers’ Incentives Lead to Lax Lending Standards?
  Sumit Agarwal and Itzhak Ben-David #19945 (   CF)
  
• Particulate Pollution and the Productivity of Pear Packers
  Tom Chang, Joshua Graff Zivin, Tal Gross, and Matthew Neidell #19944 (   EEE   HC   HE   LS)
  
• The Political Coase Theorem: Experimental Evidence
  Sebastian Galiani, Gustavo Torrens, and Maria Lucia Yanguas #19943 (   DEV)
  
• In with the Big, Out with the Small: Removing Small-Scale Reservations in India
  Leslie Martin, Shanthi Nataraj, and Ann Harrison #19942 (   DEV   ITI)
  
• Trade and Uncertainty
  Dennis Novy and Alan M. Taylor #19941 (   EFG   IFM   ITI)
  
• Breastfeeding and Child Disability: A Comparison of Siblings from the United States
  George L. Wehby #19940 (   CH   HC   HE)
  
• Did Robert Bork Understate the Competitive Impact of Mergers? Evidence from Consummated Mergers
  Orley C. Ashenfelter, Daniel Hosken, and Matthew C. Weinberg #19939 (   IO   LE)
  
• Exiting from QE
  Fumio Hayashi and Junko Koeda #19938 (   ME)
  
• Understanding the Role of Time-Varying Unobserved Ability Heterogeneity in Education Production
  Weili Ding and Steven F. Lehrer #19937 (   ED)
  
• The Economics of Work Schedules under the New Hours and Employment Taxes
  Casey B. Mulligan #19936 (   EFG   LS   PE)
  
• Heterogeneous Paths Through College: Detailed Patterns and Relationships with Graduation and Earnings
  Rodney Andrews, Jing Li, and Michael F. Lovenheim #19935 (   ED   LS)
  
• Learning From the Doers: Developing Country Lessons for Advanced Economy Growth
  Anusha Chari and Peter Blair Henry #19934 (   EFG   IFM)
  
• Institutions, Human Capital and Development
  Daron Acemoglu, Francisco A. Gallego, and James A. Robinson #19933 (   DEV)
  
• Equilibrium Tax Rates and Income Redistribution: A Laboratory Study
  Marina Agranov and Thomas R. Palfrey #19918 (   POL)
  
• Equalizing Superstars: The Internet and the Democratization of Education
  Daron Acemoglu, David Laibson, and John A. List #19851 (   ED)
  

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Weekly papers released by February 24, 2014

• The Labor Market Effects of Reducing Undocumented Immigrants
  Andri Chassamboulli and Giovanni Peri #19932 (LS)
  
• Liquidity Risk and the Dynamics of Arbitrage Capital
  Péter Kondor and Dimitri Vayanos #19931 (AP)
  
• Retirement Security in an Aging Society
  James M. Poterba #19930 (AG   PE)
  
• Endogenous Co-residence and Program Incidence: South Africa’s Old Age Pension
  Amar Hamoudi and Duncan Thomas #19929 (DEV)
  
• Adjusting Body Mass for Measurement Error with Invalid Validation Data
  Charles Courtemanche, Joshua C. Pinkston, and Jay Stewart #19928 (HE)
  
• The Safety Trap
  Ricardo J. Caballero and Emmanuel Farhi #19927 (AP   ME)
  
• The Growing Dependence of Britain on Trade during the Industrial Revolution
  Gregory Clark, Kevin Hjortshøj O'Rourke, and Alan M. Taylor #19926 (DAE   EFG   ITI)
  
• The Economics of Human Development and Social Mobility
  James J. Heckman and Stefano Mosso #19925 (CH   ED   POL)
  
• The Argentina Paradox: Microexplanations and Macropuzzles
  Alan M. Taylor #19924 (DAE   DEV   EFG   IFM)
  
• Trade Liberalization in Manufacturing and Accelerated Growth in Services in India
  Rajeev Dehejia and Arvind Panagariya #19923 (      ITI)
  
• Driving to Opportunity: Local Rents, Wages, Commuting Costs and Sub-Metropolitan Quality of Life
  David Albouy and Bert Lue #19922 (EEE   LS   PE)
  
• The Learning Process and Technological Change in Wind Power: Evidence from China’s CDM Wind Projects
  Tian Tang and David Popp #19921 (EEE   PR)
  
• The Effectiveness of Mandatory Mortgage Counseling: Can One Dissuade Borrowers from Choosing Risky Mortgages?
  Sumit Agarwal, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Douglas Evanoff #19920 (CF)
  
• Urban Population and Amenities
  David Albouy and Bryan Stuart #19919 (EEE   LS   PE)
  
• Foreign Ownership of U.S. Safe Assets: Good or Bad?
  Jack Favilukis, Sydney C. Ludvigson, and Stijn Van Nieuwerburgh #19917 (AP   EFG   IFM)
  
• Gravity and Extended Gravity: Using Moment Inequalities to Estimate a Model of Export Entry
  Eduardo Morales, Gloria Sheu, and Andrés Zahler #19916 (ITI)
  
• The Dynamic Effects of Educational Accountability
  Hugh Macartney #19915 (CH   ED   LS   PE)
  
• Debt Crises and Risk Sharing: The Role of Markets versus Sovereigns
  Sebnem Kalemli-Ozcan, Emiliano E. Luttini, and Bent Sørensen #19914 (IFM)
  
• Financial Incentives, Health and Retirement in Spain
  Pilar García-Gómez, Sergi Jiménez-Martín, and Judit Vall Castelló #19913 (AG   HE   PE)
  
• Big-Box Retailers and Urban Carbon Emissions: The Case of Wal-Mart
  Matthew E. Kahn and Nils Kok #19912 (EEE   PE   PR)
  
• Fiscal Multipliers in Japan
  Alan J. Auerbach and Yuriy Gorodnichenko #19911 (EFG   PE)
  
• Is It Too Late to Bail Out the Troubled Countries in the Eurozone?
  Juan Carlos Conesa and Timothy J. Kehoe #19909 (EFG   IFM)
  
• Union Organizing Decisions in a Deteriorating Environment: The Composition of Representation Elections and the Decline in Turnout
  Henry S. Farber #19908 (LS)
  
• Effect of Pensions and Disability Benefits on Retirement in the UK
  James Banks, Carl Emmerson, and Gemma Tetlow #19907 (AG)
  
• Relaxing Occupational Licensing Requirements: Analyzing Wages and Prices for a Medical Service
  Morris M. Kleiner, Allison Marier, Kyoung Won Park, and Coady Wing #19906 (IO   LE   LS)
  

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Weekly papers released by February 17, 2014

• Collaborating With People Like Me: Ethnic co-authorship within the US
  Richard B. Freeman and Wei Huang #19905 (LS)
  
• Regulatory Redistribution in the Market for Health Insurance
  Jeffrey Clemens #19904 (HC   HE   PE)
  
• A New Approach to Explaining the Value of Colonial Paper Money: Evidence from New Jersey, 1709-1775
  Farley Grubb #19903 (DAE   ME)
  
• The Role of Health in Retirement
  Alan L. Gustman and Thomas L. Steinmeier #19902 (AG   HE   LS   PE)
  
• Acquisitions, Productivity, and Profitability: Evidence from the Japanese Cotton Spinning Industry
  Serguey Braguinsky, Atsushi Ohyama, Tetsuji Okazaki, and Chad Syverson #19901 (CF   DEV   IO   PR)
  
• Can Intangible Capital Explain Cyclical Movements in the Labor Wedge?
  Francois Gourio and Leena Rudanko #19900 (EFG   ME)
  
• Optimal Tax Progressivity: An Analytical Framework
  Jonathan Heathcote, Kjetil Storesletten, and Giovanni L. Violante #19899 (EFG   PE   POL)
  
• Are Chinese Markets for Manufactured Products More Competitive than in the US?: A Comparison of China –US Industrial Concentration Ratios
  Jun Wang and John Whalley #19898 (DEV   IO)
  
• An Optimizing Neuroeconomic Model of Discrete Choice
  Michael Woodford #19897 (EFG)
  
• Efficiency versus Equity in the Allocation of Medical Specialty Training Positions in Spain: A Health Policy Simulation Based on a Discrete Choice Model
  Jeffrey E. Harris, Beatriz G. López-Valcórcel, Patricia Barber, and Vicente Ortún #19896 (HC   HE   PE)
  
• The Demise of U.S. Economic Growth: Restatement, Rebuttal, and Reflections
  Robert J. Gordon #19895 (DAE   EFG   PR)
  
• Search Frictions and Market Power in Negotiated Price Markets
  Jason Allen, Robert Clark, and Jean-François Houde #19883 (IO)
  

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Weekly papers released by February 10, 2014

• Young, Restless and Creative: Openness to Disruption and Creative Innovations.
  Daron Acemoglu, Ufuk Akcigit, and Murat Alp Celik #19894 (EFG   PR)
  
• Are Chinese Growth and Inflation Too Smooth? Evidence from Engel Curves
  Emi Nakamura, Jón Steinsson, and Miao Liu #19893 (DEV   EFG   IFM   ME)
  
• Effects of Index-Fund Investing on Commodity Futures Prices
  James D. Hamilton and Jing Cynthia Wu #19892 (AP   EEE   ME)
  
• Scale and Skill in Active Management
  Lubos Pastor, Robert F. Stambaugh, and Lucian A. Taylor #19891 (AP   CF   LS)
  
• Central Clearing and Collateral Demand
  Darrell Duffie, Martin Scheicher, and Guillaume Vuillemey #19890 (AP)
  
• Health, Financial Incentives, and Early Retirement: Micro-Simulation Evidence for Germany
  Hendrik Juerges, Lars Thiel, Tabea Bucher-Koenen, Johannes Rausch, Morten Schuth, and Axel Boersch-Supan #19889 (AG)
  
• Does Female Empowerment Promote Economic Development?
  Matthias Doepke and Michéle Tertilt #19888 (DEV   EFG)
  
• Measuring the ''World'' Real Interest Rate
  Mervyn King and David Low #19887 (AP   ME)
  
• Is Increased Price Flexibility Stabilizing? Redux
  Saroj Bhattarai, Gauti Eggertsson, and Raphael Schoenle #19886 (ME)
  
• A Macroeconomic Framework for Quantifying Systemic Risk
  Zhiguo He and Arvind Krishnamurthy #19885 (AG   EFG   ME)
  
• Short-run Effects of Job Loss on Health Conditions, Health Insurance, and Health Care Utilization
  Jessamyn Schaller and Ann Huff Stevens #19884 (HC   HE   LS)
  
• Default and Repayment Among Baccalaureate Degree Earners
  Lance J. Lochner and Alexander Monge-Naranjo #19882 (ED   LS   PE)
  
• Coal, Smoke, and Death: Bituminous Coal and American Home Heating
  Alan Barreca, Karen Clay, and Joel Tarr #19881 (CH   DAE   EEE)
  
• Media Bias in the Marketplace: Theory
  Matthew Gentzkow, Jesse M. Shapiro, and Daniel F. Stone #19880 (IO   POL)
  
• Risk Aversion and the Desirability of Attenuated Legal Change
  Steven Shavell #19879 (LE)
  

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Weekly papers released by February 3, 2014

• Tobacco Control Campaign in Uruguay: Impact on Smoking Cessation during Pregnancy
  Jeffrey E. Harris, Ana Inés Balsa, and Patricia Triunfo #19878 (DEV   HC   HE   PE)
  
• The Morphology of Price Dispersion
  Greg Kaplan and Guido Menzio #19877 (EFG   IO   ME)
  
• Revealed Preference, Rational Inattention, and Costly Information Acquisition
  Andrew Caplin and Mark Dean #19876 (TWP)
  
• Testing for Information Asymmetries in Real Estate Markets
  Pablo Kurlat and Johannes Stroebel #19875 (AP)
  
• Present-Bias, Procrastination and Deadlines in a Field Experiment
  Alberto Bisin and Kyle Hyndman #19874 (CH   ED)
  
• Intra-national Trade Costs: Measurement and Aggregation
  Delina E. Agnosteva, James E. Anderson, and Yoto V. Yotov #19872 (ITI)
  
• High Discounts and High Unemployment
  Robert E. Hall #19871 (AP   EFG   LS   ME)
  
• A Contribution to the Empirics of Reservation Wages
  Alan B. Krueger and Andreas I. Mueller #19870 (LS   PE)
  
• Divorce Risk, Wages, and Working Wives: A Quantitative Life-Cycle Analysis of Female Labor Force Participation
  Raquel Fernández and Joyce C. Wong #19869 (EFG   LS   PE   POL)
  
• Political Reservations and Women’s Entrepreneurship in India
  Ejaz Ghani, William R. Kerr, and Stephen D. O'Connell #19868 (DEV   LS   PE   POL   PR)
  
• Management Practices, Relational Contracts, and the Decline of General Motors
  Susan Helper and Rebecca Henderson #19867 (IO   PR)
  
• Age and Scientific Genius
  Benjamin Jones, E.J. Reedy, and Bruce A. Weinberg #19866 (LS)
  
• Exporter Dynamics, Firm Size and Growth, and Partial Year Effects
  Andrew B. Bernard, Renzo Massari, Jose-Daniel Reyes, and Daria Taglioni #19865 (IO   ITI)
  
• How Risky Are Recessions for Top Earners?
  Fatih Guvenen, Greg Kaplan, and Jae Song #19864 (AP   EFG   IFM   ME)
  
• Loose Knots: Strong versus Weak Commitments to Save for Education in Uganda
  Dean Karlan and Leigh L. Linden #19863 (DEV   LE   LS)
  
• Demand Modeling, Forecasting, and Counterfactuals, Part I
  Parag A. Pathak and Peng Shi #19859 (ED   IO   PE)
  
• Managing Innovation in a Crowd
  Daron Acemoglu, Mohamed Mostagir, and Asuman Ozdaglar #19852 (PR)
  
• Could a Website Really Have Doomed the Health Exchanges? Multiple Equilibria, Initial Conditions and the Construction of the Fine
  Florian Scheuer and Kent Smetters #19835 (AG   HE   IO   PE)
  

Weekly papers released by January 27, 2014

• The (Surprising) Efficacy of Academic and Behavioral Intervention with Disadvantaged Youth: Results from a Randomized Experiment in Chicago
  Philip J. Cook, Kenneth Dodge, George Farkas, Roland G. Fryer, Jr, Jonathan Guryan, Jens Ludwig, Susan Mayer, Harold Pollack and Laurence Steinberg #19862 (CH   DAE   DEV   ED   EFG   HC   HE   LE   LS   PE)
  
• American Colonial Incomes, 1650-1774
  Peter H. Lindert and Jeffrey G. Williamson #19861 (DAE)
  
• How Johnson Fought the War on Poverty: The Economics and Politics of Funding at the Office of Economic Opportunity
  Martha J. Bailey and Nicolas J. Duquette #19860 (DAE   LS   PE)
  
• Every Breath You Take - Every Dollar You'll Make: The Long-Term Consequences of the Clean Air Act of 1970
  Adam Isen, Maya Rossin-Slater, and W. Reed Walker #19858 (CH   EEE   LS)
  
• Breaking the Link Between Legal Access to Alcohol and Motor Vehicle Accidents: Evidence from New South Wales
  Jason M. Lindo, Peter Siminski, and Oleg Yerokhin #19857 (HE   LE   PE)
  
• Equilibrium Health Spending and Population Aging in a Model of Endogenous Growth - Will the GDP Share of Health Spending Keep Rising?
  Isaac Ehrlich and Yong Yin #19856 (AG   EFG   HC   HE   PE)
  
• How Durable are Social Norms? Immigrant Trust and Generosity in 132 Countries
  John F. Helliwell, Shun Wang, and Jinwen Xu #19855 (DEV   PE   POL)
  
• International Liquidity and Exchange Rate Dynamics
  Xavier Gabaix and Matteo Maggiori #19854 (AP   CF   EFG   IFM   ME)
  
• China’s Regional and Bilateral Trade Agreements
  Chunding Li, Jing Wang, and John Whalley #19853 (ITI)
  
• Does Greater Inequality Lead to More Household Borrowing? New Evidence from Household Data
  Olivier Coibion, Yuriy Gorodnichenko, Marianna Kudlyak, and John Mondragon #19850 (EFG   ME)
  
• Productivity Response to a Contract Change
  Rajshri Jayaraman, Debraj Ray, and Francis de Vericourt #19849 (DEV)
  
• Under the Thumb of History? Political Institutions and the Scope for Action
  Abhijit Banerjee and Esther Duflo #19848 (POL)
  
• General Equilibrium Impacts of a Federal Clean Energy Standard
  Lawrence H. Goulder, Marc A. C. Hafstead, and Roberton C. Williams III #19847 (EEE   PE)
  
• Using the Pareto Distribution to Improve Estimates of Topcoded Earnings
  Philip Armour, Richard V. Burkhauser, and Jeff Larrimore #19846 (LS   PE   TWP)
  
• Firm Age, Investment Opportunities, and Job Creation
  Manuel Adelino, Song Ma, and David T. Robinson #19845 (CF   PR)
  
• Is the United States Still a Land of Opportunity? Recent Trends in Intergenerational Mobility
  Raj Chetty, Nathaniel Hendren, Patrick Kline, Emmanuel Saez, and Nicholas Turner #19844 (CH   DAE   EFG   LS   PE   ED)
  
• Where is the Land of Opportunity? The Geography of Intergenerational Mobility in the United States
  Raj Chetty, Nathaniel Hendren, Patrick Kline, and Emmanuel Saez #19843 (CH   ED   EFG   LS   PE)
  
• Can You Leave High School Behind?
  Sandra E. Black, Jane Arnold Lincove, Jenna Cullinane, and Rachel Veron #19842 (ED   LS)
  
• Does Medical Malpractice Law Improve Health Care Quality?
  Michael Frakes and Anupam B. Jena #19841 (HC   HE   LE)
  
• Two Tales of Adjustment: East Asian Lessons for European Growth
  Anusha Chari and Peter Blair Henry #19840 (DEV   EFG   IFM)
  
• Alcohol Exposure In Utero and Child Academic Achievement
  Stephanie von Hinke Kessler Scholder, George L. Wehby, Sarah Lewis, and Luisa Zuccolo #19839 (CH   DEV   ED   HE   PE)
  
• Advertising, Reputation, and Environmental Stewardship: Evidence from the BP Oil Spill
  Lint Barrage, Eric Chyn, and Justine Hastings #19838 (EEE   IO   PE)
  
• Return of the Solow Paradox? IT, Productivity, and Employment in U.S. Manufacturing
  Daron Acemoglu, David Autor, David Dorn, Gordon H. Hanson, and Brendan Price #19837 (EFG   LS   PR)
  
• Cash-on-Hand & College Enrollment: Evidence from Population Tax Data and Policy Nonlinearities
  Dayanand S. Manoli and Nicholas Turner #19836 (CH   ED   LS   PE)
  
• How Constraining Are Limits to Arbitrage? Evidence from a Recent Financial Innovation
  Alexander Ljungqvist and Wenlan Qian #19834 (AP   CF)
  
• Restoring the Product Variety and Pro-competitive Gains from Trade with Heterogeneous Firms and Bounded Productivity
  Robert C. Feenstra #19833 (ITI)
  
• Voting to Tell Others
  Stefano DellaVigna, John A. List, Ulrike Malmendier, and Gautam Rao #19832 (IO   LS   PE   POL)
  
• Lights, Camera,... Income!: Estimating Poverty Using National Accounts, Survey Means, and Lights
  Maxim Pinkovskiy and Xavier Sala-i-Martin #19831 (DEV   EFG)
  
• The Future of U.S. Economic Growth
  John G. Fernald and Charles I. Jones #19830 (EFG)
  
• Marry Your Like: Assortative Mating and Income Inequality
  Jeremy Greenwood, Nezih Guner, Georgi Kocharkov, and Cezar Santos #19829 (EFG)
  
• Social Implications of Fiscal Policy Responses During Crises
  Carlos A. Vegh and Guillermo Vuletin #19828 (IFM)
  
• Microcredit Impacts: Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco
  Manuela Angelucci, Dean Karlan, and Jonathan Zinman #19827 (DEV   LE   LS)
  

---

Weekly papers released by January 20, 2014

• Why Has U.S. Policy Uncertainty Risen Since 1960?
  Scott R. Baker, Nicholas Bloom, Brandice Canes-Wrone, Steven J. Davis, and Jonathan A. Rodden #19826 (EFG   PE   POL)
  
• Incentives, Selection and Productivity in Labor Markets: Evidence from Rural Malawi
  Raymond P. Guiteras and B. Kelsey Jack #19825 (DEV   LS)
  
• Linkage of Greenhouse Gas Emissions Trading Systems: Learning from Experience
  Matthew Ranson and Robert Stavins #19824 (EEE)
  
• Recovery from Financial Crises: Evidence from 100 Episodes
  Carmen M. Reinhart and Kenneth S. Rogoff #19823 (IFM)
  
• A Theory of Income Taxation under Multidimensional Skill Heterogeneity
  Casey Rothschild and Florian Scheuer #19822 (EFG   LS   PE)
  
• How Sticky Wages in Existing Jobs Can Affect Hiring
  Mark Bils, Yongsung Chang, and Sun-Bin Kim #19821 (EFG)
  
• The Signaling Value of Online Social Networks: Lessons from Peer-to-Peer Lending
  Seth Freedman and Ginger Zhe Jin #19820 (IO)
  
• Why and Wherefore of Increased Scientific Collaboration
  Richard B. Freeman, Ina Ganguli, and Raviv Murciano-Goroff #19819 (LS)
  
• The Origins of Stock Market Fluctuations
  Daniel L. Greenwald, Martin Lettau, and Sydney C. Ludvigson #19818 (AP   EFG)
  
• Misinformed Speculators and Mispricing in the Housing Market
  Alex Chinco and Christopher Mayer #19817 (AP)
  
• The Economics of Online Postsecondary Education: MOOCs, Nonselective Education, and Highly Selective Education
  Caroline M. Hoxby #19816 (   ED   LS   PE)
  
• Tax Benefits to Housing and Inefficiencies in Location and Consumption
  David Albouy and Andrew Hanson #19815 PE)
  
• Market Set-Up in Advance of Federal Reserve Policy Decisions
  Dick van Dijk, Robin L. Lumsdaine, and Michel van der Wel #19814 (ME)
  
• State Capacity and Economic Development: A Network Approach
  Daron Acemoglu, Camilo García-Jimeno, and James A. Robinson #19813 (POL)
  
• The Price of Political Uncertainty: Theory and Evidence from the Option Market
  Bryan Kelly, Lubos Pastor, and Pietro Veronesi #19812 (AP   CF   EFG   POL)
  
• Risk, Insurance and Wages in General Equilibrium
  Ahmed Mushfiq Mobarak and Mark Rosenzweig #19811 (DEV)
  
• Missing Gains from Trade?
  Marc J. Melitz and Stephen J. Redding #19810 (ITI)
  
• Powerful Independent Directors
  Kathy Fogel, Liping Ma, and Randall Morck #19809 (CF)
  
• Rainfall Forecasts, Weather and Wages over the Agricultural Production Cycle
  Mark R. Rosenzweig and Christopher Udry #19808 (DEV)
  
• Special Interests and the Media: Theory and an Application to Climate Change
  Jesse M. Shapiro #19807 (EEE   PE   POL)
  
• Corporate Governance and Risk Management at Unprotected Banks: National Banks in the 1890s
  Charles W. Calomiris and Mark Carlson #19806 (CF   DAE)
  
• Motivating Migrants: A Field Experiment on Financial Decision-Making in Transnational Households
  Ganesh Seshan and Dean Yang #19805 (DEV)
  
• Public Goods, Hidden Income, and Tax Evasion: Some Nonstandard Results from the Warm-Glow Model
  Daniel M. Hungerman #19804 (DEV   PE)
  
• Using School Choice Lotteries to Test Measures of School Effectiveness
  David J. Deming #19803 (CH   ED   LS)
  
• Coal and the European Industrial Revolution
  Alan Fernihough and Kevin Hjortshøj O'Rourke #19802 (DAE   EFG)
  
• Challenges to Regulatory Decentralization: Lessons from State Health Technology Regulation
  Jill R. Horwitz and Daniel Polsky #19801 (HC   HE   LE)
  
• The Industrial Organization of Health Care Markets
  Martin Gaynor, Kate Ho, and Robert Town #19800 (HC   HE   IO)
  
• Governing Misvalued Firms
  Dalida Kadyrzhanova and Matthew Rhodes-Kropf #19799 (CF   LE)
  
• When Real Estate is the Only Game in Town
  Hyun-Soo Choi, Harrison Hong, Jeffrey Kubik, and Jeffrey P. Thompson #19798 (AP)
  

---

Weekly papers released by January 13, 2014

• Does Planning Regulation Protect Independent Retailers?
  Raffaella Sadun #19797 (PR)
  
• The Housing Market Impacts of Shale Gas Development
  Lucija Muehlenbachs, Elisheba Spiller, and Christopher Timmins #19796 (EEE)
  
• Media Influences on Social Outcomes: The Impact of MTV’s 16 and Pregnant on Teen Childbearing
  Melissa S. Kearney and Phillip B. Levine #19795 (CH   HE   LS)
  
• Direct to Consumer Advertising of Pharmaceutical Drugs: Information and Persuasion
  Talia Bar and Dean R. Lillard #19794 (HE   IO)
  
• The Employment Effect of Terminating Disability Benefits
  Timothy J. Moore #19793 (AG   HE   LS   PE)
  
• Shrinkage Estimation of High-Dimensional Factor Models with Structural Instabilities
  Xu Cheng, Zhipeng Liao, and Frank Schorfheide #19792 (EFG   ME)
  
• For a Few Dollars More: Reserves and Growth in Times of Crises
  Matthieu Bussière, Gong Cheng, Menzie D. Chinn, and Noëmie Lisack #19791 (IFM)
  

---

Weekly papers released by January 6, 2014

• Time-Varying Phillips Curves
  Joseph S. Vavra #19790 (EFG   ME)
  
• Waging War on Poverty: Historical Trends in Poverty Using the Supplemental Poverty Measure
  Liana Fox, Irwin Garfinkel, Neeraj Kaushal, Jane Waldfogel, and Christopher Wimer #19789 (AG   CH   EFG   PE)
  
• Dynamic Dispersed Information and the Credit Spread Puzzle
  Elias Albagli, Christian Hellwig, and Aleh Tsyvinski #19788 (AP   EFG)
  
• Externalities and Taxation of Supplemental Insurance: A Study of Medicare and Medigap.
  Marika Cabral and Neale Mahoney #19787 (AG   HC   HE   PE)
  
• Political Risk Spreads
  Geert Bekaert, Campbell R. Harvey, Christian T. Lundblad, and Stephan Siegel #19786 (AP   CF   DEV   IFM   POL)
  
• Do In-Work Tax Credits Serve as a Safety Net?
  Marianne Bitler, Hilary Hoynes, and Elira Kuka #19785 (CH   LS   PE)
  
• A Note on Variance Estimation for the Oaxaca Estimator of Average Treatment Effects
  Patrick M. Kline #19784 (LS   TWP)
  
• Disentangling Financial Constraints, Precautionary Savings, and Myopia: Household Behavior Surrounding Federal Tax Returns
  Brian Baugh, Itzhak Ben-David, and Hoonsuk Park #19783 (CF)
  
• Military CEOs
  Efraim Benmelech and Carola Frydman #19782 (CF   LS)
  
• The Effect of Prices on Nutrition: Comparing the Impact of Product- and Nutrient-Specific Taxes
  Matthew Harding and Michael Lovenheim #19781 (HE   PE)
  
• Optimal Trading Ratios for Pollution Permit Markets
  Stephen Holland and Andrew J. Yates #19780 (EEE)
  
• The Fiscal Stress Arising from State and Local Retiree Health Obligations
  Byron Lutz and Louise Sheiner #19779 (AG   HC   HE   PE)
  
• Is Sell-Side Research More Valuable in Bad Times?
  Roger K. Loh and René M. Stulz #19778 (AP   CF)
  
• An Economical Business-Cycle Model
  Pascal Michaillat and Emmanuel Saez #19777 (EFG   ME)
  
• Aiding Decision-Making to Reduce the Impacts of Climate Change
  Howard Kunreuther and Elke U. Weber #19776 (   EEE)
  
• Non-Contributory Pensions
  Sebastian Galiani, Paul Gertler, and Rosangela Bando #19775 (DEV)
  

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