New This Week Archive

NBER Working Papers released in the past, by week.

Week of September 21, 2009 - September 27, 2009

• Macroeconomic Effects from Government Purchases and Taxes
  Robert J. Barro and Charles J. Redlick #15369 (EFG, ME, PE)
  
• Do Leaders Affect Government Spending Priorities?
  Adi Brender and Allan Drazen #15368 (EFG, POL)
  
• Measuring Central Bank Communication: An Automated Approach with Application to FOMC Statements
  David O. Lucca and Francesco Trebbi #15367 (ME)
  
• Who Counts in Evaluating the Effects of Air Pollution Policies on Households? Non-Market Valuation in the Presence of Dependencies
  Mary F. Evans, Christine Poulos, and V. Kerry Smith #15366 (EEE)
  
• Party Affiliation, Partisanship, and Political Beliefs: A Field Experiment
  Alan S. Gerber, Gregory A. Huber, and Ebonya Washington #15365 (POL)
  
• Inheritances, Health and Death
  Beomsoo Kim and Christopher J. Ruhm #15364 (AG, HC, HE)
  
• Model Structure and the Combined Welfare and Trade Effects of China's Trade Related Policies
  Yan Dong and John Whalley #15363 (ITI)
  
• Systemic Risk and the Refinancing Ratchet Effect
  Amir E. Khandani, Andrew W. Lo, and Robert C. Merton #15362 (AP, EFG)
  
• The Role of Simplification and Information in College Decisions: Results from the H&R Block FAFSA Experiment
  Eric P. Bettinger, Bridget Terry Long, Philip Oreopoulos, and Lisa Sanbonmatsu #15361 (   ED   LS)
  
• The Political Economy of Ethnolinguistic Cleavages
  Klaus Desmet, Ignacio Ortuño-Ortín, and Romain Wacziarg #15360 (POL)
  
• Lost in Transit: Product Replacement Bias and Pricing to Market
  Emi Nakamura and Jón Steinsson #15359 (EFG, IFM, ME, PR)
  
• Cross-Country Causes and Consequences of the 2008 Crisis: International Linkages and American Exposure
  Andrew K. Rose and Mark M. Spiegel #15358 (IFM)
  
• Cross-Country Causes and Consequences of the 2008 Crisis: Early Warning
  Andrew K. Rose and Mark M. Spiegel #15357 (IFM)
  
• Financial Innovation and Endogenous Growth
  Stelios Michalopoulos, Luc Laeven, and Ross Levine #15356 (CF, EFG, IFM)
  
• Women's Rights and Development
  Raquel Fernández #15355 (DAE, EFG, LE, POL)
  
• A Cure for Crime? Psycho-Pharmaceuticals and Crime Trends
  Dave E. Marcotte and Sara Markowitz #15354 (HE, LE, PE)
  
• Towards a Common European Monetary Union Risk Free Rate
  Sergio Mayordomo, Juan Ignacio Peña, and Eduardo S. Schwartz #15353 (AP, IFM)
  
• Financial Literacy among the Young: Evidence and Implications for Consumer Policy
  Annamaria Lusardi, Olivia S. Mitchell, and Vilsa Curto #15352 (AG)
  
• Misperceptions About the Magnitude and Timing of Changes in American Income Inequality
  Robert J. Gordon #15351 (EFG, LS, PR)
  

Week of September 14, 2009 - September 20, 2009

• How Ordinary Consumers Make Complex Economic Decisions: Financial Literacy and Retirement Readiness
  Annamaria Lusardi and Olivia S. Mitchell #15350 (AG)
  
• Spatial Development
  Klaus Desmet and Esteban Rossi-Hansberg #15349 (EFG, ITI, PR)
  
• Mom-and-Pop Meet Big-Box: Complements or Substitutes?
  John C. Haltiwanger, Ron S. Jarmin, and C. J. Krizan #15348 (EFG)
  
• Professionals Do Not Play Minimax: Evidence from Major League Baseball and the National Football League
  Kenneth Kovash and Steven D. Levitt #15347 (LE, PE)
  
• Selection and Comparative Advantage in Technology Adoption
  Tavneet Suri #15346 (PR)
  
• Poverty Alleviation and Child Labor
  Eric V. Edmonds and Norbert Schady #15345 (CH)
  
• The Right Amount of Trust
  Jeffrey Butler, Paola Giuliano, and Luigi Guiso #15344 (POL)
  
• How Far Are We From The Slippery Slope? The Laffer Curve Revisited
  Mathias Trabandt and Harald Uhlig #15343 (EFG, PE)
  
• Export Prices and Heterogeneous Firm Models
  Kalina Manova and Zhiwei Zhang #15342 (ITI)
  
• Growth Accounting
  Charles R. Hulten #15341 (PR)
  
• Technological Growth and Asset Pricing
  Nicolae B. Gârleanu, Stavros Panageas, and Jianfeng Yu #15340 (AP, EFG)
  
• How large are returns to schooling? Hint: Money isn't everything
  Philip Oreopoulos and Kjell G. Salvanes #15339 (CH, ED, LS)
  
• Macroeconomic Effects of Financial Shocks
  Urban Jermann and Vincenzo Quadrini #15338 (EFG)
  
• Unintended Consequences from Nested State & Federal Regulations: The Case of the Pavley Greenhouse-Gas-per-Mile Limits
  Lawrence H. Goulder, Mark R. Jacobsen, and Arthur A. van Benthem #15337 (EEE, LE, PE)
  
• Hedge Funds as Liquidity Providers: Evidence from the Lehman Bankruptcy
  George O. Aragon and Philip E. Strahan #15336 (AP)
  
• Risk and Expected Returns of Private Equity Investments: Evidence Based on Market Prices
  Narasimhan Jegadeesh, Roman Kräussl, and Joshua Pollet #15335 (AP)
  
• The Subprime Crisis and House Price Appreciation
  William N. Goetzmann, Liang Peng, and Jacqueline Yen #15334 (EFG)
  
• Risk Aversion and Clientele Effects
  Douglas W. Blackburn, William N. Goetzmann, and Andrey D. Ukhov #15333 (AP)
  
• New Evidence on the First Financial Bubble
  Rik G.P. Frehen, William N. Goetzmann, and K. Geert Rouwenhorst #15332 (IFM)
  
• Multiple Ratings and Credit Spreads
  Dion Bongaerts, K.J. Martijn Cremers, and William N. Goetzmann #15331 (CF)
  
• Insurer Bargaining and Negotiated Drug Prices in Medicare Part D
  Darius Lakdawalla and Wesley Yin #15330 (HC, HE)
  
• Income Distribution, Product Quality, and International Trade
  Pablo D. Fajgelbaum, Gene M. Grossman, and Elhanan Helpman #15329 (ITI)
  
• Behavioral Economics and Tax Policy
  William Congdon, Jeffrey R. Kling, and Sendhil Mullainathan #15328 (PE)
  

Week of September 7, 2009 - September 13, 2009

• Mutual Fund Tax Clienteles
  Clemens Sialm and Laura Starks #15327 (AP, PE)
  
• Genetic Adverse Selection: Evidence from Long-Term Care Insurance and Huntington Disease
  Emily Oster, Ira Shoulson, Kimberly Quaid, and E. Ray Dorsey #15326 (HC, HE, LS, PE)
  
• The Financing of R&D and Innovation
  Bronwyn H. Hall and Josh Lerner #15325 (CF, IO, PR)
  
• Dynamic Incentive Accounts
  Alex Edmans, Xavier Gabaix, Tomasz Sadzik, and Yuliy Sannikov #15324 (AG, CF, EFG)
  
• Teacher Performance Pay: Experimental Evidence from India
  Karthik Muralidharan and Venkatesh Sundararaman #15323 (CH, ED, LS, PE)
  
• Estimating the Employer Switching Costs and Wage Responses of Forward-Looking Engineers
  Jeremy T. Fox #15322 (LS)
  
• Growing Up in a Recession: Beliefs and the Macroeconomy
  Paola Giuliano and Antonio Spilimbergo #15321 (POL)
  
• Recent Trends in Top Income Shares in the USA: Reconciling Estimates from March CPS and IRS Tax Return Data
  Richard V. Burkhauser, Shuaizhang Feng, Stephen P. Jenkins, and Jeff Larrimore #15320 (LS, PE, TWP)
  
• The CHAT Dataset
  Diego A. Comin and Bart Hobijn #15319 (CF, DAE, EFG, ITI, LS, POL, PR)
  
• Measuring the Timing Ability and Performance of Bond Mutual Funds
  Yong Chen, Wayne Ferson, and Helen Peters #15318 (AP)
  
• The Efficiency of Sponsor and Participant Portfolio Choices in 401(k) Plans
  Ning Tang, Olivia S. Mitchell, Gary R. Mottola, and Stephen Utkus #15317 (AG, LS, PE)
  
• Induced Innovation and Social Inequality: Evidence from Infant Medical Care
  David M. Cutler, Ellen Meara, and Seth Richards #15316 (HC)
  
• Specific and General Information Sharing Among Academic Scientists
  Carolin Haeussler, Lin Jiang, Jerry Thursby, and Marie C. Thursby #15315 (PR)
  
• The Effect of Maternal Depression and Substance Abuse on Child Human Capital Development
  Richard G. Frank and Ellen Meara #15314 (HC, HE)
  
• Entry, Exit, and the Determinants of Market Structure
  Timothy Dunne, Shawn D. Klimek, Mark J. Roberts, and Daniel Yi Xu #15313 (IO)
  
• News Shocks
  Robert B. Barsky and Eric R. Sims #15312 (AP, EFG, ME, PR)
  
• The Short-Term Mortality Consequences of Income Receipt
  William N. Evans and Timothy J. Moore #15311 (HC, HE)
  
• Liquidity, Activity, Mortality
  William N. Evans and Timothy J. Moore #15310 (HC, HE)
  
• Estimating Heterogeneity in the Benefits of Medical Treatment Intensity
  William N. Evans and Craig L. Garthwaite #15309 (CH, HC, HE)
  
• The financial crisis and sizable international reserves depletion: From 'fear of floating' to the 'fear of losing international reserves'?
  Joshua Aizenman and Yi Sun #15308 (   IFM   ITI)
  
• Portfolio Choice in Retirement: Health Risk and the Demand for Annuities, Housing, and Risky Assets
  Motohiro Yogo #15307 (AG, AP, HE)
  
• Nature of Oil Price Shocks and Monetary Policy
  Junhee Lee and Joonhyuk Song #15306 (ME)
  

Week of August 31, 2009 - September 6, 2009

• Five Centuries of Latin American Inequality
  Jeffrey G. Williamson #15305 (DAE)
  
• Intracompany Governance and Innovation
  Sharon Belenzon, Tomer Berkovitz, and Patrick Bolton #15304 (CF, IO, LE)
  
• How large are the effects of tax changes?
  Carlo Favero and Francesco Giavazzi #15303 (IFM)
  
• Political Economy of Ramsey Taxation
  Daron Acemoglu, Mikhail Golosov, and Aleh Tsyvinski #15302 (EFG, PE, POL)
  
• Matching on the Estimated Propensity Score
  Alberto Abadie and Guido W. Imbens #15301 (LS)
  
• Soft Budgets and Renegotiations in Public-Private Partnerships
  Eduardo Engel, Ronald Fischer, and Alexander Galetovic #15300 (IO, PE)
  
• Do Universities Generate Agglomeration Spillovers? Evidence from Endowment Value Shocks
  Shawn Kantor and Alexander Whalley #15299 (ED, EFG)
  
• Persuasion: Empirical Evidence
  Stefano DellaVigna and Matthew Gentzkow #15298 (AP, IO, LS, PE, POL)
  
• When Everyone Runs for the Exit
  Lasse Heje Pedersen #15297 (AP, ME)
  
• Numerically Stable Stochastic Simulation Approaches for Solving Dynamic Economic Models
  Kenneth Judd, Lilia Maliar, and Serguei Maliar #15296 (EFG, TWP)
  
• Professor Zipf goes to Wall Street
  Yannick Malevergne, Pedro Santa-Clara, and Didier Sornette #15295 (AP)
  
• Explaining the Price of Voluntary Carbon Offsets
  Marc N. Conte and Matthew J. Kotchen #15294 (EEE, PE)
  
• Impacts of Alternative Emissions Allowance Allocation Methods under a Federal Cap-and-Trade Program
  Lawrence H. Goulder, Marc A. C. Hafstead, and Michael S. Dworsky #15293 (EEE, PE)
  
• Low-Frequency Robust Cointegration Testing
  Ulrich Müller and Mark W. Watson #15292 (TWP)
  
• Katrina's Children: Evidence on the Structure of Peer Effects from Hurricane Evacuees
  Scott Imberman, Adriana D. Kugler, and Bruce Sacerdote #15291 (CH, ED, LS, PE)
  
• Economic Conditions and U.S. National Security in the 1930s and Today
  Martin S. Feldstein #15290 (DAE, EFG, PE)
  
• Credit Spreads and Monetary Policy
  Vasco Cúrdia and Michael Woodford #15289 (ME)
  
• What - or Who - Started the Great Depression?
  Lee E. Ohanian #15258 (EFG)
  

Week of August 24, 2009 - August 30, 2009

• Variance in Death and Its Implications for Modeling and Forecasting Mortality
  Shripad Tuljapurkar and Ryan D. Edwards #15288 (AG, HE)
  
• Alternative Measures of Offshorability: A Survey Approach
  Alan S. Blinder and Alan B. Krueger #15287 (EFG, ITI, LS)
  
• The Granular Origins of Aggregate Fluctuations
  Xavier Gabaix #15286 (EFG)
  
• The Impact of Information Technology on Scientists' Productivity, Quality and Collaboration Patterns
  Waverly W. Ding, Sharon G. Levin, Paula E. Stephan, and Anne E. Winkler #15285 (LS, PR)
  
• The Rug Rat Race
  Garey Ramey and Valerie A. Ramey #15284 (CH, LS)
  
• House Prices, Home Equity-Based Borrowing, and the U.S. Household Leverage Crisis
  Atif R. Mian and Amir Sufi #15283 (AP, CF, DAE, EFG, IFM, ME)
  
• Labor-Market Matching with Precautionary Savings and Aggregate Fluctuations
  Per Krusell, Toshihiko Mukoyama, and Aysegul Sahin #15282 (EFG)
  
• Means-Tested Mortgage Modification: Homes Saved or Income Destroyed?
  Casey B. Mulligan #15281 (EFG, PE)
  
• Spring Cleaning: Rural Water Impacts, Valuation and Property Rights Institutions
  Michael Kremer, Jessica Leino, Edward Miguel, and Alix Peterson Zwane #15280 (CH, EEE, HE, PE)
  
• The Trouble with Cases
  Frederick Schauer and Richard Zeckhauser #15279 (, POL)
  
• The Greatest Photographers of the Twentieth Century
  David Galenson #15278 (PR)
  
• Grazing, Goods and Girth: Determinants and Effects
  Daniel S. Hamermesh #15277 (LS)
  
• Nonparametric Identification of Multinomial Choice Demand Models with Heterogeneous Consumers
  Steven T. Berry and Philip A. Haile #15276 (IO, TWP)
  
• Finance and Inequality: Theory and Evidence
  Asli Demirguc-Kunt and Ross Levine #15275 (EFG, IFM, POL)
  
• Adjustment of State Owned and Foreign-Funded Enterprises in China to Economic Reforms,1980s-2007: a logistic smooth transition regression (LSTR) approach
  Joshua Aizenman and Nan Geng #15274 (ITI)
  
• Haircuts
  Gary B. Gorton and Andrew Metrick #15273 (AP, CF, EFG, ME)
  
• Playing the Admissions Game: Student Reactions to Increasing College Competition
  John Bound, Brad Hershbein, and Bridget Terry Long #15272 (ED, LS)
  
• Aging, religion, and health
  Angus S. Deaton #15271 (AG, HC)
  
• Monetary Policy Shifts and the Term Structure
  Andrew Ang, Jean Boivin, Sen Dong, and Rudy Loo-Kung #15270 (AP, ME)
  
• Anchoring Fiscal Expectations
  Eric M. Leeper #15269 (EFG)
  
• Productivity Growth and Capital Flows: The Dynamics of Reforms
  Francisco J. Buera and Yongseok Shin #15268 (EFG, IFM)
  
• Trade Booms, Trade Busts, and Trade Costs
  David S. Jacks, Christopher M. Meissner, and Dennis Novy #15267 (DAE)
  
• Cognition and Economic Outcomes in the Health and Retirement Survey
  John J. McArdle, James P. Smith, and Robert Willis #15266 (AG)
  
• A Tractable Model of Buffer Stock Saving
  Christopher D. Carroll and Patrick Toche #15265 (AP)
  
• De Facto and De Jure Property Rights: Land Settlement and Land Conflict on the Australian, Brazilian and U.S. Frontiers
  Lee J. Alston, Edwyna Harris, and Bernardo Mueller #15264 (   DAE   EEE   LE   POL)
  
• Corporate Taxes and Union Wages in the United States
  R. Alison Felix and James R. Hines, Jr. #15263 (PE)
  
• Taxes and Trading versus Intensity Standards: Second-Best Environmental Policies with Incomplete Regulation (Leakage) or Market Power
  Stephen P. Holland #15262 (EEE, PE)
  
• Trade, Foreign Investment, and Industrial Policy for Developing Countries
  Ann Harrison and Andrés Rodríguez-Clare #15261 (ITI)
  

Week of August 17, 2009 - August 23, 2009

• The Determinants of Stock and Bond Return Comovements
  Lieven Baele, Geert Bekaert, and Koen Inghelbrecht #15260 (AP)
  
• Uncertain Outcomes and Climate Change Policy
  Robert S. Pindyck #15259 (EEE, IO, PE)
  
• Consumption and Labor Supply with Partial Insurance: An Analytical Framework
  Jonathan Heathcote, Kjetil Storesletten, and Giovanni L. Violante #15257 (EFG, LS)
  
• Estimating Causal Effects of Early Occupational Choice on Later Health: Evidence Using the PSID
  Jason M. Fletcher and Jody L. Sindelar #15256 (HE)
  
• Accounting for Incomplete Pass-Through
  Emi Nakamura and Dawit Zerom #15255 (EFG, IFM, IO, ME)
  
• Aggregate Implications of Micro Asset Market Segmentation
  Chris Edmond and Pierre-Olivier Weill #15254 (AP)
  
• Position Auctions with Consumer Search
  Susan Athey and Glenn Ellison #15253 (IO)
  
• Aggregate Labor Market Outcomes: The Role of Choice and Chance
  Per Krusell, Toshihiko Mukoyama, Richard Rogerson, and Aysegul Sahin #15252 (EFG)
  
• A Three State Model of Worker Flows in General Equilibrium
  Per Krusell, Toshihiko Mukoyama, Richard Rogerson, and Aysegul Sahin #15251 (EFG)
  
• On the Death of Distance and Borders: Evidence from the Nineteenth Century
  David S. Jacks #15250 (DAE)
  
• China's Exporters and Importers: Firms, Products and Trade Partners
  Kalina Manova and Zhiwei Zhang #15249 (ITI)
  
• Investment and Capital Constraints: Repatriations Under the American Jobs Creation Act
  Michael Faulkender and Mitchell Petersen #15248 (CF)
  
• On the Size Distribution of Macroeconomic Disasters
  Robert J. Barro and Tao Jin #15247 (AP, EFG, ME)
  
• The Simple Economics of Salience and Taxation
  Raj Chetty #15246 (LE, PE)
  
• Work Disability, Work, and Justification Bias in Europe and the U.S.
  Arie Kapteyn, James P. Smith, and Arthur van Soest #15245 (AG, HC, HE)
  
• Trending Current Accounts
  Horag Choi and Nelson C. Mark #15244 (IFM)
  
• A Parsimonious Macroeconomic Model for Asset Pricing
  Fatih Guvenen #15243 (AP, EFG, ME)
  
• Screening in New Credit Markets: Can Individual Lenders Infer Borrower Creditworthiness in Peer-to-Peer Lending?
  Rajkamal Iyer, Asim Ijaz Khwaja, Erzo F.P. Luttmer, and Kelly Shue #15242 (CF, IO, PE)
  
• Beyond Testing: Empirical Models of Insurance Markets
  Liran Einav, Amy Finkelstein, and Jonathan Levin #15241 (AG, HC, IO, PE)
  
• Disasters implied by equity index options
  David Backus, Mikhail Chernov, and Ian Martin #15240 (AP, EFG)
  
• Who Pays a Price on Carbon?
  Corbett A. Grainger and Charles D. Kolstad #15239 (EEE)
  
• The Gender Gap in Secondary School Mathematics at High Achievement Levels: Evidence from the American Mathematics Competitions
  Glenn Ellison and Ashley Swanson #15238 (   ED)
  
• A Search Cost Model of Obfuscation
  Glenn Ellison and Alexander Wolitzky #15237 (IO)
  
• School Entry, Educational Attainment and Quarter of Birth: A Cautionary Tale of LATE
  Rashmi Barua and Kevin Lang #15236 (ED, LS)
  
• International Differences in Longevity and Health and their Economic Consequences
  Pierre-Carl Michaud, Dana Goldman, Darius Lakdawalla, Adam Gailey, and Yuhui Zheng #15235 (HE)
  
• Causality, Structure, and the Uniqueness of Rational Expectations Equilibria
  Bennett T. McCallum #15234 (EFG, ME)
  
• Is the U.S. Losing Its Preeminence in Higher Education?
  James D. Adams #15233 (ED, PR)
  
• The Impact of Job Stress on Smoking and Quitting: Evidence from the HRS
  Padmaja Ayyagari and Jody L. Sindelar #15232 (HE)
  
• Understanding the Economic Consequences of Shifting Trends in Population Health
  Pierre-Carl Michaud, Dana Goldman, Darius Lakdawalla, Yuhui Zheng, and Adam Gailey #15231 (HE)
  
• Political Selection and Persistence of Bad Governments
  Daron Acemoglu, Georgy Egorov, and Konstantin Sonin #15230 (EFG, POL)
  
• Effects of Venue-Specific State Clean Indoor Air Laws on Smoking-Related Outcomes
  Marianne P. Bitler, Christopher Carpenter, and Madeline Zavodny #15229 (HE)
  
• A Tractable Model of Precautionary Reserves, Net Foreign Assets, or Sovereign Wealth Funds
  Christopher D. Carroll and Olivier Jeanne #15228 (AP, IFM)
  
• Costly Portfolio Adjustment
  Yosef Bonaparte and Russell Cooper #15227 (EFG, AP)
  
• Nonparametric Identification and Estimation of Nonadditive Hedonic Models
  James J. Heckman, Rosa L. Matzkin, and Lars Nesheim #15226 (TWP)
  
• Risk, Volatility, and the Global Cross-Section of Growth Rates
  Craig Burnside and Alexandra Tabova #15225 (EFG, IFM)
  
• Partisan Representation in Congress and the Geographic Distribution of Federal Funds
  David Albouy #15224 (PE, POL)
  
• Securitized Banking and the Run on Repo
  Gary B. Gorton and Andrew Metrick #15223 (AP, CF, EFG, ME)
  
• Asset Return Dynamics under Bad Environment Good Environment Fundamentals
  Geert Bekaert and Eric Engstrom #15222 (AP)
  
• Informal Taxation
  Benjamin A. Olken and Monica Singhal #15221 (PE, POL)
  
• What is the probability your vote will make a difference?
  Andrew Gelman, Nate Silver, and Aaron Edlin #15220 (LE, PE)
  
• The stock market and aggregate employment
  Long Chen and Lu Zhang #15219 (AP, EFG, LS)
  
• Why Can Modern Governments Tax So Much? An Agency Model of Firms as Fiscal Intermediaries
  Henrik Jacobsen Kleven, Claus Thustrup Kreiner, and Emmanuel Saez #15218 (PE)
  
• The Americanization of European Higher Education and Research
  Lex Borghans and Frank Cörvers #15217 (ED)
  
• Do Expenditures Other Than Instructional Expenditures Affect Graduation and Persistence Rates in American Higher Education
  Douglas A. Webber and Ronald G. Ehrenberg #15216 (ED, LS)
  
• Liquidity and Asset Prices: A Unified Framework
  Dimitri Vayanos and Jiang Wang #15215 (AP)
  
• Input Constraints and the Efficiency of Entry: Lessons from Cardiac Surgery
  David M. Cutler, Robert S. Huckman, and Jonathan T. Kolstad #15214 (HC, IO, PR)
  

Week of August 10, 2009 - August 16, 2009

• Low Life Expectancy in the United States: Is the Health Care System at Fault?
  Samuel H. Preston and Jessica Y. Ho #15213 (AG, HC)
  
• Bank CEO Incentives and the Credit Crisis
  Rüdiger Fahlenbrach and René M. Stulz #15212 (CF)
  
• Evaluating Marginal Policy Changes and the Average Effect of Treatment for Individuals at the Margin
  Pedro Carneiro, James J. Heckman, and Edward J. Vytlacil #15211 (TWP)
  
• A Simple Nonparametric Estimator for the Distribution of Random Coefficients
  Patrick Bajari, Jeremy T. Fox, Kyoo il Kim, and Stephen P. Ryan #15210 (ED, IO, LS, PR, TWP)
  
• Electoral Fraud, the Rise of Peron and Demise of Checks and Balances in Argentina
  Lee J. Alston and Andrés A. Gallo #15209 (DAE, LE, POL)
  
• A New Data Set on Monetary Policy: The Economic Forecasts of Individual Members of the FOMC
  David H. Romer #15208 (EFG, ME)
  
• The Composition Matters: Capital Inflows and Liquidity Crunch during a Global Economic Crisis
  Hui Tong and Shang-Jin Wei #15207 (CF, IFM)
  
• Do Some Enterprise Zones Create Jobs?
  Jed Kolko and David Neumark #15206 (LS)
  
• Dynamic Trading with Predictable Returns and Transaction Costs
  Nicolae B. Garleanu and Lasse H. Pedersen #15205 (AP)
  
• Capital Market Integration and Wages
  Peter Blair Henry and Diego Sasson #15204 (EFG, IFM, ITI, LS, ME)
  
• The Effect of OEF/OIF Deployment Intensity on the Rate of Posttraumatic Stress Disorder Among Active Duty Population
  Yu-Chu Shen, Jeremy Arkes, Boon Wah Kwan, Lai Yee Tan, and Thomas V. Williams #15203 (HC)
  
• Teaching Students and Teaching Each Other: The Importance of Peer Learning for Teachers
  C. Kirabo Jackson and Elias Bruegmann #15202 (ED, LS)
  
• Anger and Regulation
  Rafael Di Tella and Juan Dubra #15201 (POL)
  

Week of August 3, 2009 - August 9, 2009

• Estimating Treatment Effects from Contaminated Multi-Period Education Experiments: The Dynamic Impacts of Class Size Reductions
  Weili Ding and Steven F. Lehrer #15200 (CH, ED, TWP)
  
• Measuring Economic Growth from Outer Space
  J. Vernon Henderson, Adam Storeygard, and David N. Weil #15199 (EFG)
  
• Markups and firm-level export status
  Jan De Loecker and Frederic Warzynski #15198 (IO, PR)
  
• Illiquidity and Interest Rate Policy
  Douglas W. Diamond and Raghuram G. Rajan #15197 (CF, ME)
  
• International Welfare and Employment Linkages Arising from Minimum Wages
  Hartmut Egger, Peter Egger, and James R. Markusen #15196 (ITI)
  
• Why did Countries Adopt the Gold Standard? Lessons from Japan
  Kris James Mitchener, Masato Shizume, and Marc D. Weidenmier #15195 (DAE, IFM)
  
• Growth in the Shadow of Expropriation
  Mark Aguiar and Manuel Amador #15194 (EFG, IFM)
  
• Firm Dynamics and Financial Development
  Cristina Arellano, Yan Bai, and Jing Zhang #15193 (EFG, IFM)
  
• A Theory of Firm Decline
  Gian Luca Clementi, Thomas F. Cooley, and Sonia Di Giannatale #15192 (CF, EFG)
  
• Dynamic Cost-offsets of Prescription Drug Expenditures: Panel Data Analysis Using a Copula-based Hurdle Model
  Partha Deb, Pravin K. Trivedi, and David M. Zimmer #15191 (HE)
  
• FORTY YEARS OF LATIN AMERICA’S ECONOMIC DEVELOPMENT: From the Alliance for Progress to the Washington Consensus
  Sebastian Edwards #15190 (IFM, ITI)
  
• Market Selection
  Leonid Kogan, Stephen Ross, Jiang Wang, and Mark M. Westerfield #15189 (AP)
  
• Why Did Some Banks Perform Better During the Credit Crisis? A Cross-Country Study of the Impact of Governance and Regulation
  Andrea Beltratti and René M. Stulz #15180 (CF, IFM)
  
• Changing Research Perspectives on the Global Health Workforce
  Till Bärnighausen and David E. Bloom #15168 (HE)
  

Week of July 27, 2009 - August 2, 2009

• A Factor Analysis of Bond Risk Premia
  Sydney C. Ludvigson and Serena Ng #15188 (AP)
  
• Estimation of DSGE Models When the Data are Persistent
  Yuriy Gorodnichenko and Serena Ng #15187 (EFG, IFM, ME, TWP)
  
• Social Ties and the Job Search of Recent Immigrants
  Deepti Goel and Kevin Lang #15186 (LS)
  
• Income Misattribution under Formula Apportionment
  James R. Hines, Jr. #15185 (PE)
  
• Capital Budgeting vs. Market Timing: An Evaluation Using Demographics
  Stefano DellaVigna and Joshua M. Pollet #15184 (AP, CF)
  
• Product Recalls, Imperfect Information, and Spillover Effects: Lessons from the Consumer Response to the 2007 Toy Recalls
  Seth M. Freedman, Melissa Schettini Kearney, and Mara Lederman #15183 (CH, IO, LE, PE)
  
• Empirics on the Origins of Preferences: The Case of College Major and Religiosity
  Miles S. Kimball, Colter M. Mitchell, Arland D. Thornton, and Linda C. Young-Demarco #15182 (ED)
  
• The Under-Reporting of Transfers in Household Surveys: Its Nature and Consequences
  Bruce D. Meyer, Wallace K. C. Mok, and James X. Sullivan #15181 (CH, LS, PE)
  
• A Note on Adapting Propensity Score Matching and Selection Models to Choice Based Samples
  James J. Heckman and Petra E. Todd #15179 (TWP)
  
• The Long and Short (of) Quality Ladders
  Amit Khandelwal #15178 (ITI)
  
• The Effects of the Length of the Tax-Loss Carryback Period on Tax Receipts and Corporate Marginal Tax Rates
  John R. Graham and Hyunseob Kim #15177 (CF, PE)
  
• Insulation Impossible: Fiscal Spillovers in a Monetary Union
  Russell Cooper, Hubert Kempf, and Dan Peled #15176 (EFG)
  
• Local Dividend Clienteles
  Bo Becker, Zoran Ivkovich, and Scott Weisbenner #15175 (CF)
  
• A Quality-Adjusted Price Index for Colorectal Cancer Drugs
  Claudio Lucarelli and Sean Nicholson #15174 (HC, IO)
  
• Policy Responses to Exchange-Rate Movements
  Laurence M. Ball #15173 (IFM, ME)
  

Week of July 20, 2009 - July 26, 2009

• WHEN CONSENSUS CHOICE DOMINATES INDIVIDUALISM: Jensen's Inequality and Collective Decisions under Uncertainty
  Charles F. Manski #15172 (PE, POL)
  
• Latin America's Decline: A Long Historical View
  Sebastian Edwards #15171 (IFM, ITI)
  
• Market Valuation of Accrued Social Security Benefits
  John Geanakoplos and Stephen P. Zeldes #15170 (AG, AP, EFG, ME, PE)
  
• Rebalancing Growth in Asia
  Eswar S. Prasad #15169 (IFM)
  
• Subgame Perfect Implementation with Almost Perfect Information and the Hold-Up Problem
  Philippe Aghion, Drew Fudenberg, and Richard T. Holden #15167 (EFG)
  
• Heterogeneity and Cyclical Unemployment
  Mark Bils, Yongsung Chang, and Sun-Bin Kim #15166 (EFG)
  
• Some Unpleasant General Equilibrium Implications of Executive Incentive Compensation Contracts
  John B. Donaldson, Natalia Gershun, and Marc P. Giannoni #15165 (EFG, ME)
  
• Selection Stories: Understanding Movement Across Health Plans
  David M. Cutler, Bryan Lincoln, and Richard J. Zeckhauser #15164 (AG, HC, HE)
  
• Does Health Insurance Make You Fat?
  Jay Bhattacharya, Kate Bundorf, Noemi Pace, and Neeraj Sood #15163 (HC, HE, PE)
  
• Automobiles on Steroids: Product Attribute Trade-Offs and Technological Progress in the Automobile Sector
  Christopher R. Knittel #15162 (EEE, IO, PR)
  
• Changing the Price of Marriage: Evidence from Blood Test Requirements
  Kasey S. Buckles, Melanie E. Guldi, and Joseph Price #15161 (CH, LS)
  
• Dynamics of Fiscal Financing in the United States
  Eric M. Leeper, Michael Plante, and Nora Traum #15160 (EFG)
  
• Why Don't Lenders Renegotiate More Home Mortgages? Redefaults, Self-Cures and Securitization
  Manuel Adelino, Kristopher Gerardi, and Paul S. Willen #15159 (EFG)
  
• The 2007 Subprime Market Crisis Through the Lens of European Central Bank Auctions for Short-Term Funds
  Nuno Cassola, Ali Hortacsu, and Jakub Kastl #15158 (AP, EFG, IFM, IO, ME)
  
• The End of Gatekeeping: Underwriters and the Quality of Sovereign Bond Markets, 1815-2007
  Marc Flandreau, Juan H. Flores, Norbert Gaillard, and Sebastian Nieto-Parra #15128 (IFM)
  

Week of July 13, 2009 - July 19, 2009

• The Potato's Contribution to Population and Urbanization: Evidence from an Historical Experiment
  Nathan Nunn and Nancy Qian #15157 (CH, DAE, POL)
  
• Valuing Public Goods Using Happiness Data: The Case of Air Quality
  Arik Levinson #15156 (EEE, PE)
  
• Productivity Differences Between and Within Countries
  Daron Acemoglu and Melissa Dell #15155 (IFM, EFG, POL)
  
• Hedging Price Volatility Using Fast Transport
  David L. Hummels and Georg Schaur #15154 (IFM, ITI)
  
• Government Investment and Fiscal Stimulus in the Short and Long Runs
  Eric M. Leeper, Todd B. Walker, and Shu-Chun Susan Yang #15153 (EFG)
  
• Creative Accounting or Creative Destruction? Firm-level Productivity Growth in Chinese Manufacturing
  Loren Brandt, Johannes Van Biesebroeck, and Yifan Zhang #15152 (PR)
  
• Seam Bias, Multiple-State, Multiple-Spell Duration Models and the Employment Dynamics of Disadvantaged Women
  John C. Ham, Xianghong Li, and Lara Shore-Sheppard #15151 (CH, LS, TWP)
  
• Inequality and Specialization: The Growth of Low-Skill Service Jobs in the United States
  David H. Autor and David Dorn #15150 (LS)
  
• Why do the Elderly Save? The Role of Medical Expenses
  Mariacristina De Nardi, Eric French, and John Bailey Jones #15149 (AG, HE, PE)
  
• Using Genetic Lotteries within Families to Examine the Causal Impact of Poor Health on Academic Achievement
  Jason M. Fletcher and Steven F. Lehrer #15148 (ED, HE)
  
• Identifying Heterogeneity in Economic Choice Models
  Jeremy T. Fox and Amit Gandhi #15147 (IO, LS, PR, TWP)
  
• Federal Life Sciences Funding and University R&D
  Margaret E. Blume-Kohout, Krishna B. Kumar, and Neeraj Sood #15146 (HC, HE, PE)
  
• Moral and Social Constraints to Strategic Default on Mortgages
  Luigi Guiso, Paola Sapienza, and Luigi Zingales #15145 (AP, CF)
  
• Revenue or Reciprocity? Founding Feuds over Early U.S. Trade Policy
  Douglas A. Irwin #15144 (DAE, ITI)
  
• The Role of Advisory Services in Proxy Voting
  Cindy R. Alexander, Mark A. Chen, Duane J. Seppi, and Chester S. Spatt #15143 (AP, CF)
  
• The Slide to Protectionism in the Great Depression: Who Succumbed and Why?
  Barry Eichengreen and Douglas A. Irwin #15142 (DAE, IFM, ITI)
  
• The Impact of Credit Protection on Stock Prices in the Presence of Credit Crunches
  Galina Hale, Assaf Razin, and Hui Tong #15141 (IFM)
  
• Medical Licensing Board Characteristics and Physician Discipline: An Empirical Analysis
  Marc T. Law and Zeynep K. Hansen #15140 (HC, HE, POL)
  
• When Does Libertarian Paternalism Work?
  Bruce Ian Carlin, Simon Gervais, and Gustavo Manso #15139 (CF, LE, PE, POL)
  
• Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts
  Emmanuel Farhi and Jean Tirole #15138 (EFG, ME)
  
• Disease and Development Revisited
  David E. Bloom, David Canning, and Günther Fink #15137 (HE)
  
• Investment Tournaments: When Should a Rational Agent Put All Eggs in One Basket?
  Michael Schwarz and Sergei Severinov #15136 (LS)
  
• Splendid Associations of Favored Individuals: Federal and State Commercial Banking Policy in the Federalist Era
  Howard Bodenhorn #15135 (DAE)
  
• A Bargain at Twice the Price? California Hospital Prices in the New Millennium
  Yaa Akosa Antwi, Martin Gaynor, and William B. Vogt #15134 (HC)
  
• Monetary-Fiscal Policy Interactions and Fiscal Stimulus
  Troy Davig and Eric M. Leeper #15133 (EFG)
  
• World Markets for Mergers and Acquisitions
  Isil Erel, Rose C. Liao, and Michael S. Weisbach #15132 (CF)
  
• Nudging Farmers to Use Fertilizer: Theory and Experimental Evidence from Kenya
  Esther Duflo, Michael Kremer, and Jonathan Robinson #15131 (IFM)
  
• Tobacco Use, Taxation and Self Control in Adolescence
  Jason M. Fletcher, Partha Deb, and Jody L. Sindelar #15130 (AG, HE)
  
• The organization of firms across countries
  Nicholas Bloom, Raffaella Sadun, and John Van Reenen #15129 (EFG, IO, LE, LS, PR)
  
• He Who Counts Elects: Determinants of Fraud in the 1922 Colombian Presidential Election
  Isa?as N. Chaves, Leopoldo Fergusson, and James A. Robinson #15127 (POL)
  
• Conditional Cash Penalties in Education: Evidence from the Learnfare Experiment
  Thomas Dee #15126 (CH, ED)
  
• Cost Containment in Climate Change Policy: Alternative Approaches to Mitigating Price Volatility
  Gilbert E. Metcalf #15125 (EEE, PE)
  
• Sin Taxes: Do Heterogeneous Responses Undercut Their Value?
  Padmaja Ayyagari, Partha Deb, Jason Fletcher, William T. Gallo, and Jody L. Sindelar #15124 (HE)
  
• The High Cross-Country Correlations of Prices and Interest Rates
  Espen Henriksen, Finn E. Kydland, and Roman Sustek #15123 (ME)
  
• Job Loss: Eat, drink and try to be merry?
  Partha Deb, William T. Gallo, Padmaja Ayyagari, Jason M. Fletcher, and Jody L. Sindelar #15122 (AG, HC, HE)
  
• Educational Choices, Subjective Expectations, and Credit Constraints
  Orazio Attanasio and Katja Kaufmann #15087 (EFG)
  

Week of July 6, 2009 - July 12, 2009

• Cumulative Effects of Job Characteristics on Health
  Jason M. Fletcher, Jody L. Sindelar, and Shintaro Yamaguchi #15121 (AG, HE)
  
• Transmission of the U.S. Subprime Crisis to Emerging Markets: Evidence on the Decoupling-Recoupling Hypothesis
  Michael P. Dooley and Michael M. Hutchison #15120 (IFM)
  
• Credit Constraints, Cyclical Fiscal Policy and Industry Growth
  Philippe Aghion, David Hemous, and Enisse Kharroubi #15119 (EFG)
  
• Negative Nominal Interest Rates: Three ways to overcome the zero lower bound
  Willem H. Buiter #15118 (IFM, ME)
  
• Stepping Off the Wage Escalator: The Effects of Wage Growth on Equilibrium Employment
  Michael W. L. Elsby and Matthew D. Shapiro #15117 (EFG, LS, ME, PR)
  
• Putting Tasks to the Test: Human Capital, Job Tasks and Wages
  David H. Autor and Michael J. Handel #15116 (LS)
  
• Capital Income Taxes with Heterogeneous Discount Rates
  Peter A. Diamond and Johannes Spinnewijn #15115 (PE)
  
• Public Policy, Health Insurance and the Transition to Adulthood
  Phillip B. Levine, Robin McKnight, and Samantha Heep #15114 (CH, HC, HE)
  
• Global Savings and Global Investment: The Transmission of Identified Fiscal Shocks
  James Feyrer and Jay C. Shambaugh #15113 (EFG, IFM, ME)
  
• Anti-Lemons: School Reputation and Educational Quality
  W. Bentley MacLeod and Miguel Urquiola #15112 (ED, LS)
  

Week of June 29, 2009 - July 5, 2009

• Risk Sharing, Inequality and Fertility
  Roozbeh Hosseini, Larry E. Jones, and Ali Shourideh #15111 (EFG, PE)
  
• Risk Allocation, Debt Fueled Expansion and Financial Crisis
  Paul Beaudry and Amartya Lahiri #15110 (EFG)
  
• Tax reform, delocation and heterogeneous firms
  Richard Baldwin and Toshihiro Okubo #15109 (ITI)
  
• Default, Framing and Spillover Effects: The Case of Lifecycle Funds in 401(k) Plans
  Olivia S. Mitchell, Gary R. Mottola, Stephen P. Utkus, and Takeshi Yamaguchi #15108 (AG, LS, PE)
  
• Estimating the Impact of Trade and Offshoring on American Workers Using the Current Population Surveys
  Avraham Ebenstein, Ann Harrison, Margaret McMillan, and Shannon Phillips #15107 (EEE, ITI)
  
• The Effects of Consumer-Directed Health Plans on Health Care Spending
  Anthony T. Lo Sasso, Lorens A. Helmchen, and Robert Kaestner #15106 (HE)
  
• The Long-Term Effects of Military Conscription on Mortality: Estimates from the Vietnam-era Draft Lottery
  Dalton Conley and Jennifer A. Heerwig #15105 (HE)
  
• Yet Another Tale of Two Cities: Buenos Aires and Chicago
  Filipe Campante and Edward L. Glaeser #15104 (PE)
  
• The Complementarity between Cities and Skills
  Edward L. Glaeser and Matthew G. Resseger #15103 (PE)
  
• Buy Local? The Geography of Successful and Unsuccessful Venture Capital Expansion
  Henry Chen, Paul Gompers, Anna Kovner, and Josh Lerner #15102 (CF, PR)
  

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