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New This Week Archive

NBER Working Papers released in the past, by week.

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Week of September 24 - October 1, 2007

• Wall Street and Silicon Valley: A Delicate Interaction
  George-Marios Angeletos, Guido Lorenzoni, and Alessandro Pavan #13475 (AP, CF, EFG)
  
• Child Mental Health and Human Capital Accumulation: The Case of ADHD Revisited
  Jason Fletcher and Barbara L. Wolfe #13474 (CH, HE, ED)
  
• Measuring the Returns to R&D: The Depreciation Problem
  Bronwyn H. Hall #13473 (IO, PR)
  
• Local Solutions to Global Problems: Policy Choice and Regulatory Jurisdiction
  James Bushnell, Carla Peterman, and Catherine Wolfram #13472 (EEE, IO)
  
• Housing, Credit Markets and the Business Cycle
  Martin S. Feldstein #13471 (EFG, ME)
  
• Facts and Fallacies about U.S. FDI in China
  Lee Branstetter and C. Fritz Foley #13470 (ITI)
  
• Why Development Levels Differ: The Sources of Differential Economic Growth in a Panel of High and Low Income Countries
  Charles R. Hulten and Anders Isaksson #13469 (PR)
  
• An Asset-Pricing View of External Adjustment
  Anna Pavlova and Roberto Rigobon #13468 (IFM)
  
• The Impact of Foreign Interest Rates on the Economy: The Role of the Exchange Rate Regime
  Julian di Giovanni and Jay C. Shambaugh #13467 (   IFM)
  
• Parental Education and Child Health: Evidence from a Natural Experiment in Taiwan
  Shin-Yi Chou, Jin-Tan Liu, Michael Grossman, and Theodore J. Joyce #13466 (HE)
  
• Trade Shocks and Labor Adjustment: A Structural Empirical Approach
  Erhan Artuc, Shubham Chaudhuri, and John McLaren #13465 (ITI, LS)
  
• Some Simple Analytics of Trade and Labor Mobility
  Shubham Chaudhuri and John McLaren #13464 (ITI, LS)
  
• Trade Shocks and Labor Adjustment: Theory
  Stephen Cameron, Shubham Chaudhuri, and John McLaren #13463 (ITI, LS)
  
• Why Did Ghettos "Go Bad"? Evidence from the US Postal Service
  Leah Platt Boustan and Robert A. Margo #13462 (DAE, LS)
  
• Family Structure and the Treatment of Childhood Asthma
  Alex Y. Chen, MD, MSHS and José Escarce, MD, PhD #13461 (CH, HC)
  
• Social Networks and Access to Health Care Among Mexican-Americans
  Carole Roan Gresenz, Jeannette Rogowski, and José J. Escarce #13460 (HC)
  
• How Does the Government (Want to) Fund Science? Politics, Lobbying and Academic Earmarks
  John M. de Figueiredo and Brian S. Silverman #13459 (   LE   PR   PE)
  
• Is the "Surge" Working? Some New Facts
  Michael Greenstone #13458 (EEE, LE, LS, PE)
  
• Why is Economic Policy Different in New Democracies? Affecting Attitudes About Democracy
  Adi Brender and Allan Drazen #13457 (PE, POL)
  
• Measuring the Compactness of Political Districting Plans
  Roland G. Fryer, Jr and Richard T. Holden #13456 (LS, PE, POL)
  

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Week of September 17 - September 24, 2007

• Prices and Market Shares in a Menu Cost Model
  Ariel Burstein and Christian Hellwig #13455 (EFG, ME)
  
• Public Policies against Global Warming
  Hans-Werner Sinn #13454 (EEE, PE)
  
• Pareto Optimality in the Extraction of Fossil Fuels and the Greenhouse Effect: A Note
  Hans-Werner Sinn #13453 (EEE, PE)
  
• How Airlines Market Work...Or Do They? Regulatory Reform in the Airline Industry
  Severin Borenstein and Nancy L. Rose #13452 (IO)
  
• The Antebellum U.S. Iron Industry: Domestic Production and Foreign Competition
  Joseph H. Davis and Douglas A. Irwin #13451 (DAE)
  
• Trade Restrictiveness and Deadweight Losses from U.S. Tariffs, 1859-1961
  Douglas A. Irwin #13450 (DAE, ITI)
  
• Construction and Interpretation of Model-Free Implied Volatility
  Torben G. Andersen and Oleg Bondarenko #13449 (AP)
  
• No-Arbitrage Taylor Rules
  Andrew Ang, Sen Dong, and Monika Piazzesi #13448 (AP, EFG, ME)
  
• Intra-Industry Foreign Direct Investment
  Laura Alfaro and Andrew Charlton #13447 (ITI)
  
• The Smuggling of Art, and the Art of Smuggling: Uncovering the Illicit Trade in Cultural Property and Antiques
  Raymond Fisman and Shang-Jin Wei #13446 (ITI, POL)
  
• Custom Made Versus Ready to Wear Treatments; Behavioral Propensities in Physician's Choices
  Richard G. Frank and Richard J. Zeckhauser #13445 (HC)
  
• News and Business Cycles in Open Economies
  Nir Jaimovich and Sergio Rebelo #13444 (EFG, IFM)
  
• Is Gaining Access to Selective Elementary Schools Gaining Ground? Evidence From Randomized Lotteries
  Julie Berry Cullen and Brian A. Jacob #13443 (CH, ED, LS, PE)
  
• Labor Supply Responses to Large Social Transfers: Longitudinal Evidence from South Africa
  Cally Ardington, Anne Case, and Victoria Hosegood #13442 (AG, CH, PE, LS)
  
• Reassessing the WIC Effect: Evidence from the Pregnancy Nutrition Surveillance System
  Theodore Joyce, Andrew D. Racine, and Cristina Yunzal-Butler #13441 (CH, HE)
  
• Financial Integration within EU Countries: The Role of Institutions, Confidence and Trust
  Mehmet Fatih Ekinci, Sebnem Kalemli-Ozcan, and Bent Sorensen #13440 (IFM)
  

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Week of September 10 - September 17, 2007

• Policy vs. Consumer Pressure: Innovation and Diffusion of Alternative Bleaching Technologies in the Pulp Industry
  David Popp, Tamara Hafner, and Nick Johnstone #13439 (EEE, PR)
  
• Guaranteed Trouble: The Economic Effects of the Pension Benefit Guaranty Corporation
  Jeffrey R. Brown #13438 (AG, PE)
  
• Skill Biased Financial Development: Education, Wages and Occupations in the U.S. Financial Sector
  Thomas Philippon and Ariell Reshef #13437 (CF, DAE, EFG, LS)
  
• Socioeconomic Disadvantage and Early Childbearing
  Melissa S. Kearney and Phillip B. Levine #13436 (CH, HE, LS)
  
• Institutions and Foreign Investment: China versus the World
  Joseph P.H. Fan, Randall Morck, Lixin Colin Xu, and Bernard Yeung #13435 (CF)
  
• Temporary Help Agencies and the Advancement Prospects of Low Earners
  Fredrik Andersson, Harry J. Holzer, and Julia Lane #13434 (LS)
  
• Financial Exchange Rates and International Currency Exposures
  Philip Lane and Jay C. Shambaugh #13433 (IFM)
  
• Currency Choice and Exchange Rate Pass-through
  Gita Gopinath, Oleg Itskhoki, and Roberto Rigobon #13432 (EFG, IFM, ME, ITI)
  
• Institutions and U.S. Regional Development: A Study of Massachusetts and Virginia
  Sukkoo Kim #13431 (DAE, POL)
  
• Linearity-Generating Processes: A Modelling Tool Yielding Closed Forms for Asset Prices
  Xavier Gabaix #13430 (AP, EFG)
  
• Health Status, Health Care and Inequality: Canada vs. the U.S.
  June E. O'Neill and Dave M. O'Neill #13429 (HC, HE)
  
• Housing IS the Business Cycle
  Edward E. Leamer #13428 (EFG, ME)
  
• Testing Limits to Policy Reversal: Evidence from Indian Privatizations
  Siddhartha G. Dastidar, Raymond Fisman, and Tarun Khanna #13427 (CF, POL)
  
• The market value of patents and R&D: Evidence from European firms
  Bronwyn H. Hall, Grid Thoma, and Salvatore Torrisi #13426 (IO, PR)
  
• What Has Financed Government Debt?
  Hess Chung and Eric M. Leeper #13425 (EFG)
  
• International Portfolios with Supply, Demand and Redistributive Shocks
  Nicolas Coeurdacier, Robert Kollmann, and Philippe Martin #13424 (AP, IFM, ITI)
  
• Estimating the Equity Premium
  John Y. Campbell #13423 (AP, ME)
  
• Peer Effects in the Workplace: Evidence from Random Groupings in Professional Golf Tournaments
  Jonathan Guryan, Kory Kroft, and Matt Notowidigdo #13422 (LS)
  

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Week of September 3 - September 10, 2007

• Do Instrumental Variables Belong in Propensity Scores?
  Jay Bhattacharya and William B. Vogt #t0343 (TWP)
  
• Rank-1/2: A Simple Way to Improve the OLS Estimation of Tail Exponents
  Xavier Gabaix and Rustam Ibragimov #t0342 (TWP)
  
• Reassessing the Ins and Outs of Unemployment
  Robert Shimer #13421 (EFG, LS)
  
• Psychology and Economics: Evidence from the Field
  Stefano DellaVigna #13420 (AP, IO, LS, PE, POL)
  
• Cracking the Conundrum
  David K. Backus and Jonathan H. Wright #13419 (AP, ME)
  
• Keep on Scrapping: The Salvage Drives of World War II
  Hugh Rockoff #13418 (DAE)
  
• Hatred and Profits: Getting Under the Hood of the Ku Klux Klan
  Roland G. Fryer, Jr and Steven D. Levitt #13417 (DAE, LS, PE)
  
• Financial Innovation and the Transactions Demand for Cash
  Fernando E. Alvarez and Francesco Lippi #13416 (   EFG   ME)
  
• Risks and Prices: The Role of User Sanctions in Marijuana Markets
  Rosalie Liccardo Pacula, Beau Kilmer, Michael Grossman, and Frank J. Chaloupka #13415 (HE)
  
• Bayesian and Adaptive Optimal Policy under Model Uncertainty
  Lars E.O. Svensson and Noah M. Williams #13414 (EFG, ME)
  
• Further Results on Measuring the Well-Being of the Poor Using Income and Consumption
  Bruce D. Meyer and James X. Sullivan #13413 (   LS   PE)
  
• On the Welfare Implications of Financial Globalization without Financial Development
  Enrique G. Mendoza, Vincenzo Quadrini, and José-Victor Ríos-Rull #13412 (EFG, IFM)
  
• Long-term consequences of vietnam-era conscription: schooling, experience, and earnings
  Joshua D. Angrist and Stacey H. Chen #13411 (ED, HE, LS)
  
• Identification with Taylor Rules: A Critical Review
  John H. Cochrane #13410 (EFG, ME)
  
• Inflation Determination With Taylor Rules: A Critical Review
  John H. Cochrane #13409 (EFG, ME)
  
• The Effects of Mandatory Seatbelt Laws on Seatbelt Use, Motor Vehicle Fatalities, and Crash-Related Injuries among Youths
  Christopher S. Carpenter and Mark Stehr #13408 (HE)
  
• Health and Labor Market Consequences of Eliminating Federal Disability Benefits for Substance Abusers
  Pinka Chatterji and Ellen Meara #13407 (HC, HE)
  
• Aggregate Demand and Supply
  Roger E. A. Farmer #13406 (EFG, ME, POL)
  
• Why Has the U.S. Financial Sector Grown so Much? The Role of Corporate Finance.
  Thomas Philippon #13405 (   CF   EFG   PR)
  
• Factor Analysis in a Model with Rational Expectations
  Andreas Beyer, Roger E. A. Farmer, Jérôme Henry, and Massimiliano Marcellino #13404 (EFG, ME)
  
• The Baring Crisis and the Great Latin American Meltdown of the 1890s
  Kris James Mitchener and Marc D. Weidenmier #13403 (DAE, IFM)
  
• The Power of the Pill for the Next Generation
  Elizabeth Oltmans Ananat and Daniel M. Hungerman #13402 (CH, PE, LS)
  
• Equilibrium Portfolio Strategies in the Presence of Sentiment Risk and Excess Volatility
  Bernard Dumas, Alexander Kurshev, and Raman Uppal #13401 (AP)
  
• Aid Volatility and Poverty Traps
  Pierre-Richard Agénor and Joshua Aizenman #13400 (ITI)
  
• Consolidation of Banks in Japan: Causes and Consequences
  Kaoru Hosono, Koji Sakai, and Kotaro Tsuru #13399 (ME, IO)
  
• On the Optimal Choice of a Monetary Policy Instrument
  Andrew Atkeson, V. V. Chari, and Patrick J. Kehoe #13398 (EFG, IFM, ME)
  
• Comparing Greenbook and Reduced Form Forecasts using a Large Realtime Dataset
  Jon Faust and Jonathan H. Wright #13397 (EFG, IFM, ME)
  
• "Conditional scholarships" for HIV/AIDS Health Workers: Educating and Retaining the Workforce to Provide Antiretroviral Treatment in Sub-Saharan Africa
  Till Bärnighausen and David E. Bloom #13396 (   ED   HC   HE   LS)
  
• Realizing the Gains From Trade: Export Crops, Marketing Costs, and Poverty
  Jorge Balat, Irene Brambilla, and Guido Porto #13395 (ITI)
  
• An Empirical Investigation of Labor Income Processes
  Fatih Guvenen #13394 (EFG, LS, PE)
  
• The Breakup of the Euro Area
  Barry Eichengreen #13393 (DAE, IFM, POL)
  
• Conspicuous Consumption and Race
  Kerwin Kofi Charles, Erik Hurst, and Nikolai Roussanov #13392 (AG, EFG, LS, PE)
  
• Leadership in Groups: A Monetary Policy Experiment
  Alan S. Blinder and John Morgan #13391 (EFG, ME)
  
• Capital Taxation and Ownership when Markets are Incomplete
  Emmanuel Farhi #13390 (EFG, PE)
  
• Task Specialization, Comparative Advantages, and the Effects of Immigration on Wages
  Giovanni Peri and Chad Sparber #13389 (ITI, LS)
  
• Current Account Adjustment: Some New Theory and Evidence
  Jiandong Ju and Shang-Jin Wei #13388 (IFM, ITI)
  
• Understanding Trust
  Paola Sapienza, Anna Toldra, and Luigi Zingales #13387 (CF)
  
• Teen Smoking and Birth Outcomes
  MaryBeth Walker, Erdal Tekin, and Sally Wallace #13386 (CH, HE)
  
• The Impact of Uncertainty Shocks
  Nicholas Bloom #13385 (CF, EFG, IFM, ME, PR)
  
• Long-Term Effects Of The 1959-1961 China Famine: Mainland China and Hong Kong
  Douglas Almond, Lena Edlund, Hongbin Li, and Junsen Zhang #13384 (AG, CH, HE)
  
• Prescription Drug Coverage and Elderly Medicare Spending
  Baoping Shang and Dana P. Goldman #13358 (HC, AG, PE)
  

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Week of August 20 - August 27, 2007

• A Tax on Work for the Elderly: Medicare as a Secondary Payer
  Gopi Shah Goda, John B. Shoven, and Sita Nataraj Slavov #13383 (AG)
  
• Social Security and the Timing of Divorce
  Gopi Shah Goda, John B. Shoven, and Sita Nataraj Slavov #13382 (AG)
  
• The Changing Landscape of Pensions in the United States
  James Poterba, Steven Venti, and David A. Wise #13381 (AG)
  
• Going Off Parole: How the Elimination of Discretionary Prison Release Affects the Social Cost of Crime
  Ilyana Kuziemko #13380 (LS, PE)
  
• Imperfect Knowledge of Pension Plan Type
  Alan L. Gustman, Thomas Steinmeier, and Nahid Tabatabai #13379 (AG, LS, PE)
  
• Partisan Bias in Economic News: Evidence on the Agenda-Setting Behavior of U.S. Newspapers
  Valentino Larcinese, Riccardo Puglisi, and James M. Snyder, Jr. #13378 (POL)
  
• Artists and the Market: From Leonardo and Titian to Andy Warhol and Damien Hirst
  David Galenson #13377 (LS)
  
• Please Pass the Catch-up The Relative Performance of Chinese and Foreign Firms in Chinese Exports
  Bruce Blonigen and Alyson Ma #13376 (ITI)
  
• Time-Inconsistency and Welfare Program Participation: Evidence from the NLSY
  Hanming Fang and Dan Silverman #13375 (LS, PE)
  
• The Effect of Alcohol Consumption on Mortality Regression: Discontinuity Evidence from the Minimum Drinking Age
  Christopher Carpenter and Carlos Dobkin #13374 (HC, HE)
  
• Culture as Learning: The Evolution of Female Labor Force Participation over a Century
  Raquel Fernandez #13373 (EFG, LS)
  
• A Calibratable Model of Optimal CEO Incentives in Market Equilibrium
  Alex Edmans, Xavier Gabaix, and Augustin Landier #13372 (CF, EFG)
  
• Dynamic Inefficiencies in Employment-Based Health Insurance System Theory and Evidence
  Hanming Fang and Alessandro Gavazza #13371 (HC, IO, LS, PE)
  
• Conversations Among Competitors
  Jeremy C. Stein #13370 (CF)
  
• The Role of Religious and Social Organizations in the Lives of Disadvantaged Youth
  Rajeev Dehejia, Thomas DeLeire, Erzo F.P. Luttmer, and Joshua Mitchell #13369 (CH, LS, PE)
  
• The Macroeconomic Effects of Oil Shocks: Why are the 2000s So Different from the 1970s?
  Olivier J. Blanchard and Jordi Gali #13368 (EFG)
  
• The Long-Term Effects of Africa's Slave Trades
  Nathan Nunn #13367 (ITI)
  
• Information Immobility and the Home Bias Puzzle
  Stijn Van Nieuwerburgh and Laura Veldkamp #13366 (AP, EFG, IFM, ME)
  
• Labor Market Rigidities, Trade and Unemployment
  Elhanan Helpman and Oleg Itskhoki #13365 (ITI)
  
• East Asia and Global Imbalances: Saving, Investment, and Financial Development
  Hiro Ito and Menzie Chinn #13364 (IFM)
  
• Accounting for the Rise in Consumer Bankruptcies
  Igor Livshits, James MacGee, and Michèle Tertilt #13363 (EFG)
  
• Nonseparable Preferences and Optimal Social Security Systems
  Borys Grochulski and Narayana Kocherlakota #13362 (EFG, PE)
  
• Mortgage Timing
  Ralph S.J Koijen, Otto Van Hemert, and Stijn Van Nieuwerburgh #13361 (AP, CF, EFG, IFM)
  
• The Relative Performance of Real Estate Marketing Platforms: MLS versus FSBOMadison.com
  Igal Hendel, Aviv Nevo, and François Ortalo-Magné #13360 (IO, PE)
  
• Evaluating The Effectiveness of Terrorism Risk Financing Solutions
  Howard C. Kunreuther and Erwann O. Michel-Kerjan #13359 (   POL)
  

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Week of August 13 - August 20, 2007

• Empirical Asset Pricing and Statistical Power in the Presence of Weak Risk Factors
  A. Craig Burnside #13357 (AP, EFG, IFM)
  
• Do Teacher Absences Impact Student Achievement? Longitudinal Evidence from One Urban School District
  Raegen T. Miller, Richard J. Murnane, and John B. Willett #13356 (ED, LS)
  
• Detecting Illegal Arms Trade
  Stefano DellaVigna and Eliana La Ferrara #13355 (AP, LS, POL)
  
• Optimal Capital Income Taxation
  Andrew B. Abel #13354 (EFG, PE)
  
• Investment Cycles and Sovereign Debt Overhang
  Mark Aguiar, Manuel Amador, and Gita Gopinath #13353 (EFG, IFM, ITI, PE)
  
• The Impact of Employer Matching on Savings Plan Participation under Automatic Enrollment
  John Beshears, James J. Choi, David Laibson, and Brigitte C. Madrian #13352 (AG, EFG, LS, PE)
  
• The Evolution of Inequality in Productivity and Wages: Panel Data Evidence
  Giulia Faggio, Kjell Salvanes, and John Van Reenen #13351 (LS, PR)
  
• Contracting for Government Services: Theory and Evidence from U.S. Cities
  Jonathan Levin and Steven Tadelis #13350 (IO, PE)
  
• China's WTO Entry: Antidumping, Safeguards, and Dispute Settlement
  Chad P. Bown #13349 (ITI)
  
• Diversity and Crowd-out: A Theory of Cold-Glow Giving
  Daniel M. Hungerman #13348 (CH, PE)
  
• Chernobyl's Subclinical Legacy: Prenatal Exposure to Radioactive Fallout and School Outcomes in Sweden
  Douglas Almond, Lena Edlund, and Mårten Palme #13347 (AG, CH, EEE, ED, HE, LS)
  
• China's Experience Under the Multifiber Arrangement (MFA) and the Agreement on Textiles and Clothing (ATC)
  Irene Brambilla, Amit Khandelwal, and Peter Schott #13346 (ITI)
  
• Uncovering the American Dream: Inequality and Mobility in Social Security Earnings Data since 1937
  Wojciech Kopczuk, Emmanuel Saez, and Jae Song #13345 (DAE, LS, PE)
  
• Returns to Apprenticeship Training in Austria: Evidence from Failed Firms
  Josef Fersterer, Jörn-Steffen Pischke, and Rudolf Winter-Ebmer #13344 (LS)
  
• The Wrong Side(s) of the Tracks Estimating the Causal Effects of Racial Segregation on City Outcomes
  Elizabeth Oltmans Ananat #13343 (CH)
  
• Evidence about the Potential Role for Affirmative Action in Higher Education
  Braz Camargo, Todd Stinebrickner, and Ralph Stinebrickner #13342 (ED, LS)
  
• The Causal Effect of Studying on Academic Performance
  Todd R. Stinebrickner and Ralph Stinebrickner #13341 (ED)
  
• The Effect of Credit Constraints on the College Drop-Out Decision A Direct Approach Using a New Panel Study
  Todd R. Stinebrickner and Ralph Stinebrickner #13340 (ED)
  
• Why Tie A Product Consumers Do Not Use?
  Dennis W. Carlton, Joshua S. Gans, and Michael Waldman #13339 (IO)
  
• Is Distance Dying at Last? Falling Home Bias in Fixed Effects Models of Patent Citations
  Rachel Griffith, Sokbae Lee, and John Van Reenen #13338 (LS, PR)
  
• Imputing Risk Tolerance from Survey Responses
  Miles S. Kimball, Claudia R. Sahm, and Matthew D. Shapiro #13337 (AP, EFG, ME)
  
• Small Family, Smart Family? Family Size and the IQ Scores of Young Men
  Sandra E. Black, Paul J. Devereux, and Kjell G. Salvanes #13336 (CH, ED, LS)
  
• The Curious Dawn of American Public Schools
  Sun Go and Peter H. Lindert #13335 (DAE, ED, POL, PE)
  
• Reevaluating the Modernization Hypothesis
  Daron Acemoglu, Simon Johnson, James A. Robinson, and Pierre Yared #13334 (POL, EFG, DAE)
  
• The Value of Life Near its End and Terminal Care
  Gary Becker, Kevin Murphy, and Tomas Philipson #13333 (HC, HE)
  
• Profit Sharing Between Governments and Multinationals in Natural Resource Extraction: Evidence From a Firm-Level Panel
  Margaret S. McMillan and Andrew R. Waxman #13332 (ITI)
  
• Industry Compensation and the Costs of Alternative Environmental Policy Instruments
  A. Lans Bovenberg, Lawrence H. Goulder, and Mark R. Jacobsen #13331 (EEE, PE)
  
• Salience and Taxation: Theory and Evidence
  Raj Chetty, Adam Looney, and Kory Kroft #13330 (LE, LS, PE)
  
• Globalization and Monetary Control
  Michael Woodford #13329 (IFM, ME)
  
• Explaining the Effects of Government Spending Shocks on Consumption and the Real Exchange Rate
  Morten O. Ravn, Stephanie Schmitt-Grohé, and Martín Uribe #13328 (EFG, IFM)
  
• Are Franchises Bad Employers?
  Peter Cappelli and Monika Hamori #13327 (LS)
  
• Innovation, firm dynamics, and international trade
  Andrew Atkeson and Ariel Burstein #13326 (EFG, ITI, IO, PR)
  
• How Important is Money in the Conduct of Monetary Policy?
  Michael Woodford #13325 (ME, EFG)
  
• The height of US-born non-Hispanic children and adolescents ages 2-19, born 1942-2002 in the NHANES Samples
  John Komlos and Ariane Breitfelder #13324 (HE)
  
• Race and Charitable Church Activity
  Daniel M. Hungerman #13323 (CH, PE)
  
• Close to You? Bias and Precision in Patent-Based Measures of Technological Proximity
  Mary Benner and Joel Waldfogel #13322 (IO, PR)
  
• Strategic Judicial Decision Making
  Pablo T. Spiller and Rafael Gely #13321 (LE, POL)
  
• Bubbles in Prices of Exhaustible Resources
  Boyan Jovanovic #13320 (PR, EEE)
  
• To Segregate or to Integrate: Education Politics and Democracy
  David de la Croix and Matthias Doepke #13319 (ED, EFG, POL)
  
• Exchange Rate Models Are Not as Bad as You Think
  Charles Engel, Nelson C. Mark, and Kenneth D. West #13318 (IFM, ME)
  
• Income, Aging, Health and Wellbeing Around the World: Evidence from the Gallup World Poll
  Angus Deaton #13317 (AG, EFG, HE, PE)
  
• Optimal Property Rights in Financial Contracting
  Kenneth Ayotte and Patrick Bolton #13316 (CF)
  
• Investment during the Korean Financial Crisis: A Structural Econometric Analysis
  Simon Gilchrist and Jae W. Sim #13315 (EFG, IFM, ITI, ME)
  
• Estimating Discount Functions with Consumption Choices over the Lifecycle
  David Laibson, Andrea Repetto, and Jeremy Tobacman #13314 (EFG)
  
• Returns on FDI: Does the U.S. Really Do Better?
  Barry Bosworth, Susan M. Collins, and Gabriel Chodorow-Reich #13313 (IFM, PE)
  
• Adaptive Minimax-Regret Treatment Choice, With Application To Drug Approval
  Charles F. Manski #13312 (HC, HE, PE)
  
• Escape from the City? The Role of Race, Income, and Local Public Goods in Post-War Suburbanization
  Leah Platt Boustan #13311 (DAE)
  

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Week of July 31 - August 6, 2007

• Pairwise-core Monetary Trade in the Lagos-Wright Model
  Tai-wei Hu, John Kennan, and Neil Wallace #13310 (EFG)
  
• Social Identity and Preferences
  Daniel J. Benjamin, James J. Choi, and A. Joshua Strickland #13309 (AG, LS)
  
• From "White Christmas" to Sgt. Pepper: The Conceptual Revolution in Popular Music
  David Galenson #13308 (LS)
  
• Investment Options and the Business Cycle
  Boyan Jovanovic #13307 (PR, EFG)
  
• Wage and Productivity Premiums in Sub-Saharan Africa
  Johannes Van Biesebroeck #13306 (LS, PR)
  
• The Power of TV: Cable Television and Women's Status in India
  Robert Jensen and Emily Oster #13305 (LS)
  
• Clinical Pathways to Disability
  Mary Beth Landrum, Kate A. Stewart, and David M. Cutler #13304 (AG, HC)
  
• Class Size and Sorting in Market Equilibrium: Theory and Evidence
  Miguel Urquiola and Eric Verhoogen #13303 (ED)
  
• Spatial Growth and Industry Age
  Klaus Desmet and Esteban Rossi-Hansberg #13302 (EFG, PR)
  
• Returns to Local-Area Health Care Spending: Using Health Shocks to Patients Far From Home
  Joseph J. Doyle, Jr. #13301 (AG, HC, HE)
  
• Many Children Left Behind? Textbooks and Test Scores in Kenya
  Paul Glewwe, Michael Kremer, and Sylvie Moulin #13300 (ED, POL)
  
• Big Bad Banks? The Impact of U.S. Branch Deregulation on Income Distribution
  Thorsten Beck, Ross Levine, and Alexey Levkov #13299 (CF, DAE, EFG)
  
• A Comment on Nishimura, Nakajima, and Kiyota's "Does the natural selection mechanism still work in severe recessions? Examination of the Japanese economy in the 1990s"
  Tae Okada and Charles Yuji Horioka #13298 (IO, PR, LS)
  
• Improved Access to Foreign Markets Raises Plant-Level Productivity ... for Some Plants
  Alla Lileeva and Daniel Trefler #13297 (ITI, PR)
  
• Employment, Innovation, and Productivity: Evidence from Italian Microdata
  Bronwyn H. Hall, Francesca Lotti, and Jacques Mairesse #13296 (IO, PR, LS)
  

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Week of July 23 - July 30, 2007

• Deterministic and Stochastic Prisoner's Dilemma Games: Experiments in Interdependent Security
  Howard Kunreuther, Gabriel Silvasi, Eric T. Bradlow, and Dylan Small #t0341 (TWP)
  
• Estimates of the Magnitude of Financial and Tax Reporting Conflicts
  George A. Plesko #13295 (PE)
  
• Why Don't Inventors Patent?
  Petra Moser #13294 (DAE, PR)
  
• Left Behind By Design: Proficiency Counts and Test-Based Accountability
  Derek Neal and Diane Whitmore Schanzenbach #13293 (CH, ED, LS)
  
• Mechanisms and Impacts of Gender Peer Effects at School
  Victor Lavy and Analía Schlosser #13292 (CH, ED, LS)
  
• Child Protection and Adult Crime: Using Investigator Assignment to Estimate Causal Effects of Foster Care
  Joseph J. Doyle, Jr. #13291 (CH, LE)
  
• Misallocation and Manufacturing TFP in China and India
  Chang-Tai Hsieh and Peter J. Klenow #13290 (EFG, PR)
  
• Age, Socioeconomic Status and Obesity Growth
  Charles L. Baum II and Christopher J. Ruhm #13289 (AG, HC, HE)
  
• Differences in Governance Practices between U.S. and Foreign Firms: Measurement, Causes, and Consequences
  Reena Aggarwal, Isil Erel, René Stulz, and Rohan Williamson #13288 (CF)
  
• Island Matching
  Dale T. Mortensen #13287 (EFG)
  
• Trade and the Diffusion of the Industrial Revolution
  Robert E. Lucas, Jr. #13286 (EFG)
  

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Week of July 9 - July 16, 2007

• The Identification and Economic Content of Ordered Choice Models with Stochastic Thresholds
  Flavio Cunha, James J. Heckman, and Salvador Navarro #t0340 (TWP)
  
• Fundamentals, Market Timing, and Seasoned Equity Offerings
  Harry DeAngelo, Linda DeAngelo, and René M. Stulz #13285 (CF)
  
• The Basic Public Finance of Public-Private Partnerships
  Eduardo Engel, Ronald Fischer, and Alexander Galetovic #13284 (IO, PE)
  
• Institutional Tax Clienteles and Payout Policy
  Mihir A. Desai and Li Jin #13283 (AP, CF, PE)
  
• Neoclassical Factors
  Long Chen and Lu Zhang #13282 (AP, CF, EFG)
  
• Taxes and Portfolio Choice: Evidence from JGTRRA's Treatment of International Dividends
  Mihir A. Desai and Dhammika Dharmapala #13281 (AP, CF, IFM, ITI, PE)
  
• Flattened Inflation-Output Tradeoff and Enhanced Anti-Inflation Policy: Outcome of Globalization?
  Assaf Razin and Alon Binyamini #13280 (IFM, ME)
  
• From Brown to Busing
  Elizabeth Cascio, Nora Gordon, Ethan Lewis, and Sarah Reber #13279 (CH, DAE, ED, PE)
  
• Understanding the Forward Premium Puzzle: A Microstructure Approach
  Craig Burnside, Martin S. Eichenbaum, and Sergio Rebelo #13278 (EFG, IFM, ME)
  
• Large Hoarding of International Reserves and the Emerging Global Economic Architecture
  Joshua Aizenman #13277 (ITI)
  
• The Effect of Internal Migration on Local Labor Markets: American Cities During the Great Depression
  Leah Platt Boustan, Price V. Fishback, and Shawn E. Kantor #13276 (DAE, LS)
  
• Pension Plan Characteristics and Framing Effects in Employee Savings Behavior
  David Card and Michael Ransom #13275 (LS)
  
• Conflicts of Interests Among Shareholders: The Case of Corporate Acquisitions
  Jarrad Harford, Dirk Jenter, and Kai Li #13274 (CF)
  
• Aging, Saving, and Public Pensions in Japan
  Charles Yuji Horioka, Wataru Suzuki, and Tatsuo Hatta #13273 (AG, PE)
  
• Is Peer Review in Decline?
  Glenn Ellison #13272 (IO, PR)
  
• Multinationals and the Creation of Chinese Trade Linkages
  Deborah L. Swenson #13271 (ITI)
  
• Wall Street and Main Street: What Contributes to the Rise in the Highest Incomes?
  Steven N. Kaplan and Joshua Rauh #13270 (CF, LS, PE)
  
• Irreversible Investment, Capital Costs and Productivity Growth: Implications for Telecommunications
  Jeffrey I. Bernstein and Theofanis P. Mamuneas #13269 (PR, IO, EFG)
  
• When are Auctions Best?
  Jeremy I. Bulow and Paul D. Klemperer #13268 (CF)
  
• Consent and Exchange
  Oren Bar-Gill and Lucian A. Bebchuk #13267 (LE)
  
• Greenhouse Gas Reductions under Low Carbon Fuel Standards?
  Stephen P. Holland, Christopher R. Knittel, and Jonathan E. Hughes #13266 (EEE, IO)
  
• Bankruptcy Reform and Credit Cards
  Michelle J. White #13265 (LE, CF, AP)
  
• Optimal Monetary Policy in a 'Sudden Stop'
  Fabio Braggion, Lawrence J. Christiano, and Jorge Roldos #13254 (EFG)
  

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Week of July 2 - July 9, 2007

• Unconditional Quantile Regressions
  Sergio Firpo, Nicole M. Fortin, and Thomas Lemieux #t0339 (LS, TWP)
  
• The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks
  Christina D. Romer and David H. Romer #13264 (DAE, EFG, ME, PE)
  
• Fertility and the Real Exchange Rate
  Andrew K. Rose and Saktiandi Supaat #13263 (AG, IFM)
  
• Fraternity Membership and Drinking Behavior
  Jeffrey S. DeSimone #13262 (HE)
  
• How Did SCHIP Affect the Insurance Coverage of Immigrant Children?
  Thomas Buchmueller, Anthony Lo Sasso, and Kathleen Wong #13261 (HC, HE)
  
• Incomplete Markets, Heterogeneity and Macroeconomic Dynamics
  Bruce Preston and Mauro Roca #13260 (EFG)
  
• Central Bank Communication and Expectations Stabilization
  Stefano Eusepi and Bruce Preston #13259 (EFG, ME)
  
• French Wine and the U.S. Boycott of 2003: Does Politics Really Affect Commerce?
  Orley Ashenfelter, Stephen Ciccarella, and Howard J. Shatz #13258 (ITI, LS, POL)
  
• Does the Minimum Legal Drinking Age Save Lives?
  Jeffrey A. Miron and Elina Tetelbaum #13257 (LE, PE)
  
• US Faculty Patenting: Inside and Outside the University
  Jerry Thursby, Anne Fuller, and Marie Thursby #13256 (IO, LE, PR)
  
• Defining Price Stability in Japan: A View from America
  Christian Broda and David E. Weinstein #13255 (ME)
  
• The Organizational Implications of Creativity: The US Film Industry in Mid-XXth Century
  Ricard Gil and Pablo T. Spiller #13253 (   IO   LE)
  
• Does Pollution Increase School Absences?
  Janet Currie, Eric Hanushek, E. Megan Kahn, Matthew Neidell, and Steven Rivkin #13252 (CH, ED, EEE, HC, HE)
  
• Agency Conflicts, Investment, and Asset Pricing
  Rui Albuquerque and Neng Wang #13251 (AP, CF, EFG, IFM)
  
• Investment, Consumption, and Hedging under Incomplete Markets
  Jianjun Miao and Neng Wang #13250 (AP, CF, EFG)
  
• The Fundamentals of Commodity Futures Returns
  Gary B. Gorton, Fumio Hayashi, and K. Geert Rouwenhorst #13249 (AP)
  
• The Effect of Taxes on Royalties and the Migration of Intangible Assets Abroad
  John H. Mutti and Harry Grubert #13248 (ITI, PE)
  
• Can Higher Prices Stimulate Product Use? Evidence from a Field Experiment in Zambia
  Nava Ashraf, James Berry, and Jesse M. Shapiro #13247 (LS, HC)
  
• What Do Nonprofits Maximize? Nonprofit Hospital Service Provision and Market Ownership Mix
  Jill R. Horwitz and Austin Nichols #13246 (HC, IO)
  

---

Week of June 25 - July 2, 2007

• Arbitrage-Free Bond Pricing with Dynamic Macroeconomic Models
  Michael F. Gallmeyer, Burton Hollifield, Francisco Palomino, and Stanley E. Zin #13245 (AP, ME)
  
• Net Worth, Exchange Rates, and Monetary Policy: The Effects of a Devaluation in a Financially Fragile Environment
  Domenico Delli Gatti, Mauro Gallegati, Bruce C. Greenwald, and Joseph E. Stiglitz #13244 (IFM)
  
• Giffen Behavior: Theory and Evidence
  Robert T. Jensen and Nolan H. Miller #13243 (AG)
  
• Labor Market Institutions Around the World
  Richard B. Freeman #13242 (LS)
  
• Trade and Capital Flows: A Financial Frictions Perspective
  Pol Antràs and Ricardo J. Caballero #13241 (CF, EFG, IFM, ITI)
  
• Risk Shifting versus Risk Management: Investment Policy in Corporate Pension Plans
  Joshua Rauh #13240 (CF, PE)
  
• Explaining Product Price Differences Across Countries
  Robert E. Lipsey and Birgitta Swedenborg #13239 (IFM, ITI, PR)
  
• "Cooperative Federalism" as a Strategic Interaction: Voluntary Decentralization in Environmental Policy
  Leah G. Traub and Hilary Sigman #13238 (EEE, PE)
  
• Older and Wiser? Birth Order and IQ of Young Men
  Sandra E. Black, Paul J. Devereux, and Kjell G. Salvanes #13237 (CH, ED, LS)
  
• A Unified Framework for Measuring Preferences for Schools and Neighborhoods
  Patrick Bayer, Fernando Ferreira, and Robert McMillan #13236 (ED, PE)
  
• How Does Outsourcing Affect Performance Dynamics? Evidence from the Automobile Industry
  Sharon Novak and Scott Stern #13235 (IO, PR)
  
• The Impact of Uncertain Intellectual Property Rights on the Market For Ideas: Evidence From Patent Grant Delays
  Joshua S. Gans, David H. Hsu, and Scott Stern #13234 (IO, PR)
  
• The Same Yet Different: Worker Reports on Labour Practices and Outcomes in a Single Firm Across Countries
  Richard B. Freeman, Douglas Kruse, and Joseph Blasi #13233 (LS)
  
• Complementarity Among Vertical Integration Decisions: Evidence from Automobile Product Development
  Sharon Novak and Scott Stern #13232 (IO, PR)
  
• Comparative Advantage in Cyclical Unemployment
  Mark Bils, Yongsung Chang, and Sun-Bin Kim #13231 (EFG)
  
• Employment Law and the Labor Market
  Christine M. Jolls #13230 (LE, LS)
  
• Why are Immigrants' Incarceration Rates so Low? Evidence on Selective Immigration, Deterrence, and Deportation
  Kristin Butcher and Anne Piehl #13229 (LE, LS)
  
• The Welfare Cost of Asymmetric Information: Evidence from the U.K. Annuity Market
  Liran Einav, Amy Finkelstein, and Paul Schrimpf #13228 (AG, HC, IO, PE)
  
• Extreme Weather Events, Mortality and Migration
  Olivier Deschenes and Enrico Moretti #13227 (EEE, HE, LS)
  
• Measuring the Dynamics of Young and Small Businesses: Integrating the Employer and Nonemployer Universes
  Steven J. Davis, John Haltiwanger, Ron S. Jarmin, C. J. Krizan, Javier Miranda, Alfred Nucci, and Kristin Sandusky #13226 (EFG, LS, PR)
  
• Deferred Acceptance Algorithms: History, Theory, Practice, and Open Questions
  Alvin E. Roth #13225 (LS, ED)
  
• Sources of Lifetime Inequality
  Mark Huggett, Gustavo Ventura, and Amir Yaron #13224 (EFG)
  
• After Johnny Came Marching Home: The Political Economy of Veterans' Benefits in the Nineteenth Century
  Sung Won Kang and Hugh Rockoff #13223 (DAE, POL)
  
• Trade Growth under the African Growth and Opportunity Act
  Garth Frazer and Johannes Van Biesebroeck #13222 (ITI)
  
• Does Age Structure Forecast Economic Growth?
  David E. Bloom, David Canning, Guenther Fink, and Jocelyn E. Finlay #13221 (AG, EFG, HE, LS, PE)
  
• Risk Based Explanations of the Equity Premium
  John Donaldson and Rajnish Mehra #13220 (AP)
  
• What Determines Giving to Hurricane Katrina Victims? Experimental Evidence on Income, Race, and Fairness
  Christina M. Fong and Erzo F.P. Luttmer #13219 (PE, POL)
  
• Governance, Issuance Restrictions, And Competition In Payment Card Networks
  Robert S. Pindyck #13218 (IO)
  
• Mental Health in Childhood and Human Capital
  Janet Currie and Mark Stabile #13217 (CH, HC, LS)
  
• Optimal Reserve Management and Sovereign Debt
  Laura Alfaro and Fabio Kanczuk #13216 (IFM, PE)
  
• The Guy at the Controls: Labor Quality and Power Plant Efficiency
  James B. Bushnell and Catherine Wolfram #13215 (EEE, IO)
  
• Zeros, Quality and Space: Trade Theory and Trade Evidence
  Richard Baldwin and James Harrigan #13214 (ITI)
  
• The New Market for Federal Judicial Law Clerks
  Christopher Avery, Christine Jolls, Richard Posner, and Alvin E. Roth #13213 (LE, LS)
  
• Dynamics of Union Organizations: A Look at Gross Flows in the LORS Files
  Thomas J. Holmes and Michael Walrath #13212 (LS, PR)
  
• Should We Drill in the Arctic National Wildlife Refuge? An Economic Perspective
  Matthew J. Kotchen and Nicholas E. Burger #13211 (EEE, PE)
  
• Wage Structure and Labor Mobility in the Netherlands 1999-2003
  Lex Borghans and Ben Kriechel #13210 (LS)
  
• Aggregate Implications of Credit Market Imperfections
  Kiminori Matsuyama #13209 (EFG, IFM, ITI)
  

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