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- w11007 December 2004 Macroeconomic Conditions, Health and Mortality
Christopher J. Ruhm
- w11008 December 2004 Latin America in the Rearview Mirror
Harold L. Cole, Lee E. Ohanian, Alvaro Riascos, and James A. Schmitz, Jr.
- w11009 December 2004 Externalities and Growth
Peter J. Klenow and Andres Rodriguez-Clare
- w11010 December 2004 Labor Income Dynamics at Business-Cycle Frequencies: Implications for Portfolio Choice
Anthony W. Lynch and Sinan Tan
- w11011 December 2004 PIPE Dreams? The Performance of Companies Issuing Equity Privately
David J. Brophy, Paige P. Ouimet, and Clemens Sialm
- w11012 December 2004 The Macroeconomics of Subsistence Points
Morten O. Ravn, Stephanie Schmitt-Grohe, and Martin Uribe
- w11013 December 2004 Forging a New Identity: The Costs and Benefits of Diversity in Civil War Combat Units for Black Slaves and Freemen
Dora L. Costa and Matthew E. Kahn
- w11014 December 2004 A Protectionist Bias in Majoritarian Politics
Gene M. Grossman and Elhanan Helpman
- w11015 December 2004 Crises and Prices: Information Aggregation, Multiplicity and Volatility
George-Marios Angeletos and Ivan Werning
- w11016 December 2004 Incomplete Market Dynamics in a Neoclassical Production Economy
George-Marios Angeletos and Laurent-Emmanuel Calvet
- w11017 December 2004 Information Dynamics and Equilibrium Multiplicity in Global Games of Regime Change
George-Marios Angeletos, Christian Hellwig, and Alessandro Pavan
- w10970 December 2004 Consumption Commitments and Habit Formation
Raj Chetty and Adam Szeidl
- w10984 December 2004 The Determinants of Progressive Era Reform: The Pure Food and Drugs Act of 1906
Marc T. Law and Gary D. Libecap
- w10985 December 2004 Globalization and the Returns to Speaking English in South Africa
James Levinsohn
- w10986 December 2004 Large Devaluations and the Real Exchange Rate
Ariel Burstein, Martin Eichenbaum, and Sergio Rebelo
- w10987 December 2004 Enforcement, Private Political Pressure and the GATT/WTO Escape Clause
Kyle Bagwell and Robert W. Staiger
- w10988 December 2004 Happy News from the Dismal Science: Reassessing the Japanese Fiscal Policy and Sustainability
Christian Broda and David E. Weinstein
- w10989 December 2004 The Interaction of Public and Private Insurance: Medicaid and the Long-Term Care Insurance Market
Jeffrey R. Brown and Amy Finkelstein
- w10990 December 2004 Global Growth Opportunities and Market Integration
Geert Bekaert, Campbell R. Harvey, Christian Lundblad, and Stephan Siegel
- w10991 December 2004 The Gift of the Dying: The Tragedy of AIDS and the Welfare of Future African Generations
Alwyn Young
- w10992 December 2004 China's New Regional Trade Agreements
Agata Antkiewicz and John Whalley
- w10993 December 2004 Fluctuations in a Dreadful Childhood: Synthetic Longitudinal Height Data, Relative Prices and Weather in the Short-Term Health of American Slaves
Richard H. Steckel
- w10994 December 2004 Explaining the Magnitude of Liquidity Premia: The Roles of Return Predictability, Wealth Shocks and State-Dependent Transaction Costs
Anthony W. Lynch and Sinan Tan
- w10995 December 2004 Taylor Rules and the Deutschmark-Dollar Real Exchange Rate
Charles Engel and Kenneth D. West
- w10996 December 2004 Parametric Portfolio Policies: Exploiting Characteristics in the Cross Section of Equity Returns
Michael W. Brandt, Pedro Santa-Clara, and Rossen Valkanov
- w10997 December 2004 Vertical Integration and Technology: Theory and Evidence
Daron Acemoglu, Philippe Aghion, Rachel Griffith, and Fabrizio Zilibotti
- w10998 December 2004 Corporate Financing Decisions When Investors Take the Path of Least Resistance
Malcolm Baker, Joshua Coval, and Jeremy C. Stein
- w10999 December 2004 Growth vs. Margins: Destabilizing Consequences of Giving the Stock Market What it Wants
Philippe Aghion and Jeremy C. Stein
- w11000 December 2004 Dynamic Scoring: A Back-of-the-Envelope Guide
N. Gregory Mankiw and Matthew Weinzierl
- w11001 December 2004 Do Markets Reduce Costs? Assessing the Impact of Regulatory Restructuring on U.S. Electric Generation Efficiency
Kira Markiewicz, Nancy L. Rose, and Catherine Wolfram
- w11002 December 2004 Executive Financial Incentives and Payout Policy: Firm Responses to the 2003 Dividend Tax Cut
Jeffrey R. Brown, Nellie Liang, and Scott Weisbenner
- w11003 December 2004 An Assignment Theory of Foreign Direct Investment
Volker Nocke and Stephen Yeaple
- w11004 December 2004 Do Liquidation Values Affect Financial Contracts? Evidence from Commercial Loan Contracts and Zoning Regulation
Efraim Benmelech, Mark J. Garmaise, and Tobias Moskowitz
- w11005 December 2004 Cultural Biases in Economic Exchange
Luigi Guiso, Paola Sapienza, and Luigi Zingales
- w11006 December 2004 Bank Mergers and Crime: The Real and Social Effects of Credit Market Competition
Mark J. Garmaise and Tobias J. Moskowitz
- w10960 December 2004 Gunboats, Reputation, and Sovereign Repayment: Lessons from the Southern Confederacy
Marc Weidenmier
- w10961 December 2004 Covered Interest Arbitrage: Then vs. Now
Ted Juhl, William Miles, and Marc D. Weidenmier
- w10962 December 2004 Incompatibility, Product Attributes and Consumer Welfare: Evidence from ATMs
Christopher R. Knittel and Victor Stango
- w10963 December 2004 Bounds in Competing Risks Models and the War on Cancer
Bo E. Honore and Adriana Lleras Muney
- w10964 December 2004 Prescription Drugs, Medical Care, and Health Outcomes: A Model of Elderly Health Dynamics
Zhou Yang, Donna B. Gilleskie, and Edward C. Norton
- w10965 December 2004 Digging the Dirt at Public Expense: Governance in the Building of the Erie Canal and Other Public Works
Stanley Engerman and Kenneth L. Sokoloff
- w10966 December 2004 Institutions and Technological Innovation During the Early Economic Growth: Evidence from the Great Inventors of the United States, 1790-1930
B. Zorina Khan and Kenneth L. Sokoloff
- w10967 December 2004 Aging and the Welfare State: The Role of Young and Old Voting Pivots
Assaf Razin and Efraim Sadka
- w10968 December 2004 The Integration of Child Tax Credits and Welfare: Evidence from the National Child Benefit Program
Kevin Milligan and Mark Stabile
- w10969 December 2004 Who Wins and Who Loses? Public Transfer Accounts for US Generations Born 1850 to 2090
Antoine Bommier, Ronald Lee, Timothy Miller, and Stephane Zuber
- w10971 December 2004 Incentives to Learn
Michael Kremer, Edward Miguel, and Rebecca Thornton
- w10972 December 2004 Manufacturer Liability for Harms Caused by Consumers to Others
Bruce Hay and Kathryn E. Spier
- w10973 December 2004 Has Monetary Policy Become More Efficient? A Cross Country Analysis
Stephen G. Cecchetti, Alfonso Flores-Lagunes, and Stefan Krause
- w10974 December 2004 Tobacco Spending and its Crowd-Out of Other Goods
Susan H. Busch, Mireia Jofre-Bonet, Tracy A. Falba, and Jody L. Sindelar
- w10975 December 2004 Semiparametric Causality Tests Using the Policy Propensity Score
Joshua D. Angrist and Guido M. Kuersteiner
- w10976 December 2004 The Economic Theory of Illegal Goods: The Case of Drugs
Gary S. Becker, Kevin M. Murphy, and Michael Grossman
- w10977 December 2004 Tax Policy for Health Insurance
Jonathan Gruber
- w10978 December 2004 Theft and Taxes
Mihir A. Desai, Alexander Dyck, and Luigi Zingales
- w10979 December 2004 Finance, Inequality, and Poverty: Cross-Country Evidence
Thorsten Beck, Asli Demirguc-Kunt, and Ross Levine
- w10980 December 2004 Why Should We Care About Child Labor? The Education, Labor Market, and Health Consequences of Child Labor
Kathleen Beegle, Rajeev Dehejia, and Roberta Gatti
- w10981 December 2004 Some New Variance Bounds for Asset Prices
Charles Engel
- w10982 December 2004 How do Banks Manage Liquidity Risk? Evidence from Equity and Deposit Markets in the Fall of 1998
Philip E. Strahan, Evan Gatev, and Til Schuermann
- w10983 December 2004 Finance, Firm Size, and Growth
Thorsten Beck, Asli Demirguc-Kunt, Luc Laeven, and Ross Levine
- w10942 December 2004 Financial Globalization, Growth and Volatility in Developing Countries
Eswar S. Prasad, Kenneth S. Rogoff, Shang-Jin Wei, and M. Ayhan Kose
- w10939 December 2004 FDI in Space: Spatial Autoregressive Relationships in Foreign Direct Investment
Bruce A. Blonigen, Ronald B. Davies, Glen R. Waddell, and Helen T. Naughton
- w10940 December 2004 Quantitative Implication of A Debt-Deflation Theory of Sudden Stops and Asset Prices
Enrique G. Mendoza and Katherine A. Smith
- w10941 December 2004 When in Peril, Retrench: Testing the Portfolio Channel of Contagion
Fernando A. Broner, R. Gaston Gelos, and Carmen Reinhart
- w10943 December 2004 Information and Externalities in Sequential Litigation
Xinyu Hua and Kathryn E. Spier
- w10944 December 2004 How to Eliminate Pyramidal Business Groups - The Double Taxation of Inter-Corporate Dividends and Other Incisive Uses of Tax Policy
Randall Morck
- w10945 December 2004 Demographic Changes and International Factor Mobility
John F. Helliwell
- w10946 December 2004 Measuring Disparate Impacts and Extending Disparate Impact Doctrine to Organ Transplantation
Robert Bornholz and James J. Heckman
- w10947 December 2004 Using Hit Rate Tests to Test for Racial Bias in Law Enforcement: Vehicle Searches in Wichita
Nicola Persico and Petra Todd
- w10948 December 2004 Individual Behaviors and Substance Use: The Role of Price
Michael Grossman
- w10949 December 2004 An Investigation of the Effects of Alcohol Policies on Youth STDs
Michael Grossman, Robert Kaestner, and Sara Markowitz
- w10950 December 2004 Retrospective on the 1970s Productivity Slowdown
William Nordhaus
- w10951 December 2004 Resolving the Puzzle of the Underissuance of National Bank Notes
Charles W. Calomiris and Joseph R. Mason
- w10952 December 2004 The Concept of Systematic Corruption in American Political and Economic History
John Joseph Wallis
- w10953 December 2004 Has the Unified Budget Undermined the Federal Government Trust Funds?
Sita Nataraj and John B. Shoven
- w10954 December 2004 Globalization and Disinflation: A Note
Assaf Razin
- w10955 December 2004 A Theory of Housing Collateral, Consumption Insurance and Risk Premia
Hanno Lustig and Stijn Van Nieuwerburgh
- w10956 December 2004 The Economics of Technology Sharing: Open Source and Beyond
Josh Lerner and Jean Tirole
- w10957 December 2004 Does Openness to Trade Make Countries More Vulnerable to Sudden Stops, Or Less? Using Gravity to Establish Causality
Jeffrey A. Frankel and Eduardo A. Cavallo
- w10958 December 2004 Using Tontines to Finance Public Goods: Back to the Future?
Andreas Lange, John A. List, and Michael K. Price
- w10959 December 2004 Sorting It Out: International Trade and Protection With Heterogeneous Workers
Franziska Ohnsorge and Daniel Trefler
- w10933 November 2004 Organizational Scope and Investment: Evidence from the Drug Development Strategies and Performance of Biopharmaceutical Firms
Ilan Guedj and David Scharfstein
- w10934 November 2004 A Simulation Approach to Dynamic Portfolio Choice with an Application to Learning About Return Predictability
Michael W. Brandt, Amit Goyal, Pedro Santa-Clara, and Jonathan Storud
- w10935 November 2004 Evaluation of Four Tax Reforms in the United States: Labor Supply and Welfare Effects for Single Mothers
Nada Eissa, Henrik Jacobsen Kleven, and Claus Thustrup Kreiner
- w10936 November 2004 Do Tax Havens Flourish?
James R. Hines Jr.
- w10937 November 2004 Patterns of Comovement: The Role of Information Technology in the U.S. Economy
Hyunbae Chun, Jung-Wook Kim, Jason Lee, and Randall Morck
- w10938 November 2004 Lost Decade in Translation: Did the US Learn from Japan's Post-Bubble Mistakes?
James Harrigan and Kenneth Kuttner
- w10908 November 2004 Deposit Insurance and External Finance
Stephen G. Cecchetti and Stefan Krause
- w10909 November 2004 Land Prices and Business Fixed Investments in Japan
Nobuhiro Kiyotaki and Kenneth D. West
- w10910 November 2004 The Product Cycle and Inequality
Boyan Jovanovic
- w10911 November 2004 Fast Times at Ridgemont High? The Effect of Compulsory Schooling Laws on Teenage Births
Sandra E. Black, Paul J. Devereaux, and Kjell Salvanes
- w10912 November 2004 Jump and Volatility Risk and Risk Premia: A New Model and Lessons from S&P 500 Options
Pedro Santa-Clara and Shu Yan
- w10913 November 2004 There is a Risk-Return Tradeoff After All
Eric Ghysels, Pedro Santa-Clara, and Rossen Valkanov
- w10914 November 2004 Predicting Volatility: Getting the Most out of Return Data Sampled at Different Frequencies
Eric Ghysels, Pedro Santa-Clara, and Rossen Valkanov
- w10915 November 2004 Fair Pricing
Julio J. Rotemberg
- w10916 November 2004 Model Uncertainty and Policy Evaluation: Some Theory and Empirics
William A. Brock, Steven N. Durlauf, and Kenneth D. West
- w10917 November 2004 Stochastic Infinite Horizon Forecasts for Social Security and Related Studies
Ronald Lee, Timothy Miller, and Michael Anderson
- w10918 November 2004 Why Are Power Couples Increasingly Concentrated in Large Metropolitan Areas
Janice Compton and Robert A. Pollak
- w10919 November 2004 The Effect of Improvements in Health and Longevity on Optimal Retirement and Saving
David E. Bloom, David Canning, and Michael Moore
- w10920 November 2004 Partnership Status and the Human Sex Ratio at Birth
Karen Norberg
- w10921 November 2004 The Steady-State Growth Theorem: A Comment on Uzawa (1961)
Charles I. Jones and Dean Scrimgeour
- w10922 November 2004 Diverging Trends in Macro and Micro Volatility: Facts
Diego Comin and Sunil Mulani
- w10923 November 2004 Financing Invention During the Second Industrial Revolution: Cleveland, Ohio, 1870-1920
Naomi R. Lamoreaux, Margaret Levenstein, and Kenneth L. Sokoloff
- w10924 November 2004 Monetary Policy and Regional Interest Rates in the United States, 1880-2002
John Landon-Lane and Hugh Rockoff
- w10925 November 2004 The Information of Option Volume for Future Stock Prices
Jun Pan and Allen Poteshman
- w10926 November 2004 The Cost of Business Cycles and the Benefits of Stabilization: A Survey
Gadi Barlevy
- w10927 November 2004 Can Public Discussion Enhance Program Ownership?
Allan Drazen and Peter Isard
- w10928 November 2004 Political Contribution Caps and Lobby Formation: Theory and Evidence
Allan Drazen, Nuno Limão, and Thomas Stratman
- w10929 November 2004 Regulation of Entry and the Distortion of Industrial Organization
Raymond Fisman and Virginia Sarria-Allende
- w10930 November 2004 The Distortionary Effects of Government Procurement: Evidence from Medicaid Prescription Drug Purchasing
Mark Duggan and Fiona Scott Morton
- w10931 November 2004 The Structure of Early Care and Education in the United States: Historical Evolution and International Comparisons
Ann Dryden Witte and Marisol Trowbridge
- w10932 November 2004 Speeding, Tax Fraud, and Teaching to the Test
Edward P. Lazear
- w10903 November 2004 Hiccups for HIPCs?
Craig Burnside and Domenico Fanizza
- w10904 November 2004 The Economic Value of Cultural Diversity: Evidence from US Cities
Gianmarco I.P. Ottaviano and Giovanni Peri
- w10905 November 2004 The social Security Retirement Earnings Test, Retirement and Benefit Claiming
Alan L. Gustman and Thomas L. Steinmeier
- w10906 November 2004 Vertical Equity Consequences of Very High Cigarette Tax Increases: If the Poor are the Ones Smoking, How Could Cigarette Tax Increases be Progressive?
Greg Colman and Dahlia K. Remler
- w10907 November 2004 Managing Macroeconomic Crises
Jeffrey A. Frankel and Shang-Jin Wei
- w10882 November 2004 Aged-Care Support in Japan: Perspectives and Challenges
Olivia S. Mitchell, John Piggott, and Satoshi Shimizutani
- w10883 November 2004 Inattentive Consumers
Ricardo Reis
- w10884 November 2004 The Effect of Drug Vintage on Survival: Micro Evidence from Puerto Rico's Medicaid Program
Frank R. Lichtenberg
- w10885 November 2004 One Hit Wonders: Why Some of the Most Important Works of Modern Art are Not by Important Artists
David W. Galenson
- w10886 November 2004 The Impact of the Civil War on Capital Intensity and Labor Productivity in Southern Manufacturing
William Hutchinson and Robert A. Margo
- w10887 November 2004 $1000 Cash Back: Asymmetric Information in Auto Manufaturer Promotions
Meghan Busse, Florian Zettelmeyer, and Jorge Silva-Risso
- w10888 November 2004 Disentangling the Importance of the Precautionary Saving Mode
Arthur Kennickell and Annamaria Lusardi
- w10889 November 2004 The Cost of Nominal Inertia in NNS Models
Matthew B. Canzoneri, Robert E. Cumby, and Behzad T. Diba
- w10890 November 2004 The Evolution of Income and Fertility Inequalities over the Course of Economic Development: A Human Capital Perspective
Isaac Ehrlich and Jinyoung Kim
- w10891 November 2004 Bidding With Securities: Auctions and Security Design
Peter M. DeMarzo, Ilan Kremer, and Andrzej Skrzypacz
- w10892 November 2004 The Closing of the Gender Gap as a Roy Model Illusion
Casey B. Mulligan and Yona Rubinstein
- w10893 November 2004 Catching-Up to Foreign Technology? Evidence on the "Veblen-Gerschenkron" Effect of Foreign Investments
Giovanni Peri
- w10894 November 2004 What Happens When We Randomly Assign Children to Families?
Bruce Sacerdote
- w10895 November 2004 Biases in Static Oligopoly Models? Evidence from the California Electricity Market
Dae-Wook Kim and Christopher R. Knittel
- w10896 November 2004 Well-Being and Social Capital: Does Suicide Pose a Puzzle?
John F. Helliwell
- w10897 November 2004 The Importance of R&D for Innovation: A Reassessment Using French Survey Data
Jacques Mairesse and Pierre Mohnen
- w10898 November 2004 Is Mexico A Lumpy Country?
Andrew B. Bernard, Raymond Robertson, and Peter K. Schott
- w10899 November 2004 Unbalanced Growth
Kala Krishna and Cesar A. Perez
- w10900 November 2004 Corporate Governance and the Plight of Minority Shareholders in the United States Before the Great Depression
Naomi Lamoreaux and Jean-Laurent Rosenthal
- w10901 November 2004 Uncovering GPTS with Patent Data
Bronwyn H. Hall and Manuel Trajtenberg
- w10902 November 2004 Race and Older Age Mortality: Evidence from Union Army Veterans
Dora L. Costa
- t0302 November 2004 Bootstrap and Higher-Order Expansion Validity When Instruments May Be Weak
Marcelo J. Moreira, Jack R. Porter, and Gustavo A. Suarez
- t0303 November 2004 Optimal Inference in Regression Models with Nearly Integrated Regressors
Michael Jansson and Marcelo J. Moreira
- w10861 November 2004 Compensating Wage Differentials and AIDS Risk
Jeff DeSimone and Edward J. Schumacher
- w10862 November 2004 Increases in Wealth among the Elderly in the Early 1990s: How Much is Due to Survey Design?
Susann Rohwedder, Steven J. Haider, and Michael Hurd
- w10863 November 2004 Behavioral Corporate Finance: A Survey
Malcolm Baker, Richard S. Ruback, and Jeffrey Wurgler
- w10864 November 2004 Fixed Costs and FDI: The Conflicting Effects of Productivity Shocks
Assaf Razin, Yona Rubinstein, and Efraim Sadka
- w10865 November 2004 An Equilibrium Model of Sorting in an Urban Housing Market
Patrick Bayer, Robert McMillan, and Kim Rueben
- w10866 November 2004 Estimating Real Production and Expenditures Across Nations: A Proposal for Improving the Penn World Tables
Robert C. Feenstra, Alan Heston, Marcel P. Timmer, and Haiyan Deng
- w10867 November 2004 Theoretical Foundations of Buffer Stock Saving
Christopher Carroll
- w10868 November 2004 Autopsy on an Empire: Understanding Mortality in Russia and the Former Soviet Union
Elizabeth Brainerd and David M. Cutler
- w10869 November 2004 The Unsustainable US Current Account Position Revisited
Maurice Obstfeld and Kenneth Rogoff
- w10870 November 2004 Policy Watch: Challenges for Terrorism Risk Insurance in the United States
Howard Kunreuther and Erwann Michel-Kerjan
- w10871 November 2004 Tiebout Sorting, Social Multipliers and the Demand for School Quality
Patrick Bayer, Fernando Ferreira, and Robert McMillan
- w10872 November 2004 Acquiring Control in Emerging Markets: Evidence from the Stock Market
Anusha Chari, Paige P. Ouimet, and Linda L. Tesar
- w10873 November 2004 From Home to Hospital: The Evolution of Childbirth in the United States, 1927-1940
Melissa A. Thomasson and Jaret Treber
- w10874 November 2004 Piracy on the High C's: Music Downloading, Sales Displacement, and Social Welfare in a Sample of College Students
Rafael Rob and Joel Waldfogel
- w10875 November 2004 Standing on Academic Shoulders: Measuring Scientific Influence in Universities
James D. Adams, J. Roger Clemmons, and Paula E. Stephan
- w10876 November 2004 Minimum Hours Constraints, Job Requirements and Retirement
Alan L. Gustman and Thomas L. Steinmeier
- w10877 November 2004 Product Quality, Linder, and the Direction of Trade
Juan Carlos Hallak
- w10878 November 2004 Two Decades of Japanese Monetary Policy and the Deflation Problem
Takatoshi Ito and Frederic S. Mishkin
- w10879 November 2004 Educational Opportunity and Income Inequality
Paul Willen, Igal Hendel, and Joel Shapiro
- w10880 November 2004 R&D Subsidies and Climate Policy: Is There a "Free Lunch"?
David Popp
- w10881 November 2004 Behavioral Economics and Health Economics
Richard G. Frank
- w10841 October 2004 Dividend Taxes and Corporate Behavior: Evidence from the 2003 Dividend Tax Cut
Raj Chetty and Emmanuel Saez
- w10842 October 2004 The Measurement and Evolution of Health Inequality: Evidence from the U.S. Medicare Population
Jonathan Skinner and Weiping Zhou
- w10843 October 2004 External Adjustment
Maurice Obstfeld
- w10844 October 2004 Does Immigration Affect the Long-Term Educational Outcomes of Natives? Quasi-Experimental Evidence
Eric D. Gould, Victor Lavy, and M. Daniele Paserman
- w10845 October 2004 Dollar Shortages and Crises
Raghuram G. Rajan
- w10846 October 2004 Quantitative Goals for Monetary Policy
Antonio Fatas, Ilian Mihov, and Andrew K. Rose
- w10847 October 2004 Charles Kindleberger
Edward J. Kane
- w10848 October 2004 The Elusive Welfare Economics of Price Stability as a Monetary Policy Objective: Should New Keynesian Central Bankers Pursue Price Stability?
Willem H. Buiter
- w10849 October 2004 Globalization, Macroeconomic Performance, and the Exchange Rates of Emerging Economies
Maurice Obstfeld
- w10850 October 2004 Do Stock Prices Really Reflect Fundamental Values? The Case of REITs
William M. Gentry, Charles M. Jones, and Christopher J. Mayer
- w10851 October 2004 The Impact of Population Aging on Financial Markets
James Poterba
- w10852 October 2004 The Cross-Section of Volatility and Expected Returns
Andrew Ang, Robert J. Hodrick, Yuhang Xing, and Xiaoyan Zhang
- w10853 October 2004 The US Gender Pay Gap in the 1990s: Slowing Convergence
Francine D. Blau and Lawrence M. Kahn
- w10854 October 2004 Economic Growth and the Environment: A Review of Theory and Empirics
William A. Brock and M. Scott Taylor
- w10855 October 2004 Oil and the Macroeconomy Since the 1970s
Robert Barsky and Lutz Kilian
- w10856 October 2004 Microstructure of the Yen/Dollar Foreign Exchange Market: Patterns of Intra-day Activity Revealed in the Electronic Broking System
Takatoshi Ito and Yuko Hashimoto
- w10857 October 2004 Re-Assessing the U.S. Quality Adjustment to Computer Prices: The Role of Durability and Changing Software
Robert C. Feenstra and Christopher R. Knittel
- w10858 October 2004 The Economics of Corporate Tax Selfishness
Joel Slemrod
- w10859 October 2004 Poverty, Political Freedom, and the Roots of Terrorism
Alberto Abadie
- w10860 October 2004 Life-Cycle Asset Accumulation and Allocation in Canada
Kevin Milligan
- w10837 October 2004 Job Search and Impatience
Stefano DellaVigna and M. Daniele Paserman
- w10838 October 2004 Inflation Stabilization and Welfare: The Case of a Distorted Steady State
Pierpaolo Benigno and Michael Woodford
- w10839 October 2004 Optimal Stabilization Policy When Wages and Prices are Sticky: The Case of a Distorted Steady State
Pierpaolo Benigno and Michael Woodford
- w10840 October 2004 Optimal Monetary and Fiscal Policy in a Liquidity Trap
Gauti B. Eggertsson and Michael Woodford
- w10822 October 2004 Assessing the Impacts of the Prescription Drug User Fee Acts (PDUFA) on the FDA Approval Process
Ernst R. Berndt, Adrian H. B. Gottschalk, Tomas Philipson, and Matthew W. Strobeck
- w10823 October 2004 Pseudo Market Timing and Predictive Regressions
Malcolm P. Baker, Ryan Taliaferro, and Jeffrey Wurgler
- w10824 October 2004 Charging NOx Emitters for Health Damages: An Exploratory Analysis
Denise Mauzerall, Babar Sultan, Namsoug Kim, and David F. Bradford
- w10825 October 2004 Empirical Study of the Civil Justice System
Daniel P. Kessler and Daniel L. Rubinfeld
- w10826 October 2004 Reciprocated Unilateralism in Trade Reforms with Majority Voting
Pravin Krishna and Devashish Mitra
- w10827 October 2004 Monetary Policy and the Currency Denomination of Debt: A Tale of Two Equilibria
Andres Velasco and Roberto Chang
- w10828 October 2004 Accounting for Cross-Country Income Differences
Francesco Caselli
- w10829 October 2004 Can Central Bank Transparency Go Too Far?
Frederic S. Mishkin
- w10830 October 2004 Export Variety and Country Productivity
Robert C. Feenstra and Hiau Looi Kee
- w10831 October 2004 Why Do Computers Depreciate?
Michael J. Geske, Valerie A. Ramey, and Matthew D. Shapiro
- w10832 October 2004 Finance as a Barrier to Entry: Bank Competition and Industry Structure in Local U.S. Markets
Nicola Cetorelli and Philip E. Strahan
- w10833 October 2004 Deflation and Monetary Policy in a Historical Perspective: Remembering the Past or Being Condemned to Repeat It?
Michael D. Bordo and Andrew Filardo
- w10834 October 2004 Keeping Capital Flowing: The Role of the IMF
Michael D. Bordo, Ashoka Mody, and Nienke Oomes
- w10835 October 2004 Strategic Extremism: Why Republicans and Democrats Divide on Religious Values
Edward L. Glaeser, Giacomo A. M. Ponzetto, and Jesse M. Shapiro
- w10836 October 2004 Trade, Tragedy, and the Commons
Brian R. Copeland and M. Scott Taylor
- w10802 October 2004 Jurisdictional Advantage
Maryann Feldman and Roger Martin
- w10803 October 2004 A Revealed Preference Ranking of U.S. Colleges and Universities
Christopher Avery, Mark Glickman, Caroline Hoxby, and Andrew Metrick
- w10804 October 2004 Why Do Households Without Children Support Local Public Schools?
Christian A. L. Hilber and Christopher J. Mayer
- w10805 October 2004 Estimating the Expected Marginal Rate of Substitution: Exploiting Idiosyncratic Risk
Robert P. Flood and Andrew K. Rose
- w10806 October 2004 Economic Effects of Regional Tax Havens
Mihir A. Desai, C. Fritz Foley, and James R. Hines
- w10807 October 2004 CEO Overconfidence and Corporate Investment
Ulrike Malmendier and Geoffrey Tate
- w10808 October 2004 Fear of Service Outsourcing: Is It Justified?
Mary Amiti and Shang-Jin Wei
- w10809 October 2004 The Effect of College Curriculum on Earnings: Accounting for Non-Ignorable Non-Response Bias
Daniel S. Hamermesh and Stephen G. Donald
- w10810 October 2004 Health Shocks and Couples' Labor Supply Decisions
Courtney C. Coile
- w10811 October 2004 Testing a Roy Model with Productivity Spillovers: Evidence from the Treatment of Heart Attacks
Amitabh Chandra and Douglas Staiger
- w10812 October 2004 Are Investors Naive About Incentives?
Ulrike Malmendier and Devin Shanthikumar
- w10813 October 2004 Who Makes Acquisitions? CEO Overconfidence and the Market's Reaction
Ulrike Malmendier and Geoffrey Tate
- w10814 October 2004 Asset Pricing with Liquidity Risk
Viral V. Acharya and Lasse Heje Pedersen
- w10815 October 2004 Efficiency of Thin and Thick Markets
Li Gan and Qi Li
- w10816 October 2004 Over-the-Counter Markets
Darrell Duffie, Nicolae Garleanu, and Lasse Heje Pedersen
- w10817 October 2004 Global Demographic Change: Dimensions and Economic Significance
David E. Bloom and David Canning
- w10818 October 2004 Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting?
Takatoshi Ito
- w10819 October 2004 Overestimating Self_Control: Evidence from the Health Club Industry
Stefano DellaVigna and Ulrike Malmendier
- w10820 October 2004 Dynamic Trading Strategies and Portfolio Choice
Ravi Bansal, Magnus Dahlquist, and Campbell R. Harvey
- w10821 October 2004 Corruption in America
Edward L. Glaeser and Raven Saks
- t0301 October 2004 Identification and Estimation of Discrete Games of Complete Information
Patrick Bajari, Han Hong, and Stephen Ryan
- w10785 September 2004 The Comovement of Returns and Investment Within the Multinational Firm
Mihir A. Desai and C. Fritz Foley
- w10782 September 2004 Supply or Demand: Why is the Market for Long-Term Care Insurance So Small?
Jeffrey R. Brown and Amy Finkelstein
- w10786 September 2004 Contingent Reserves Management: An Applied Framework
Ricardo J. Caballero and Stavros Panageas
- w10787 September 2004 What Does the Public Know about Economic Policy, and How Does It Know It?
Alan S. Blinder and Alan B. Krueger
- w10788 September 2004 Fiscal Discipline and the Cost of Public Debt Service: Some Estimates for OECD Countries
Silvia Ardagna, Francesco Caselli, and Timothy Lane
- w10789 September 2004 Subjective Mortality Risk and Bequests
Li Gan, Guan Gong, Michael Hurd, and Daniel McFadden
- w10790 September 2004 Putting the Brakes on Sudden Stops: The Financial Frictions-Moral Hazard Tradeoff of Asset Price Guarantees
Enrique G. Mendoza and Ceyhun Bora Durdu
- w10791 September 2004 The Rise of the Fourth Estate: How Newspapers Became Informative and Why It Mattered
Matthew Gentzkow, Edward L. Glaeser, and Claudia Goldin
- w10792 September 2004 Designing Optimal Disability Insurance: A Case for Asset Testing
Mikhail Golosov and Aleh Tsyvinski
- w10793 September 2004 New Goods and the Transition to a New Economy
Jeremy Greenwood and Gokce Uysal
- w10794 September 2004 Investor Sentiment Measures
Lily Qiu and Ivo Welch
- w10795 September 2004 Anatomy of the Rise and Fall of a Price-Fixing Conspiracy: Auctions at Sotheby's and Christie's
Orley Ashenfelter and Kathryn Graddy
- w10796 September 2004 The Changing Association Between Prenatal Participation in WIC and Birth Outcomes in New York City
Ted Joyce, Diane Gibson, and Silvie Colman
- w10797 September 2004 The Performance of the Pivotal-Voter Model in Small-Scale Elections: Evidence from Texas Liquor Referenda
Stephen Coate, Michael Conlin, and Andrea Moro
- w10798 September 2004 Migration, Social Standards and Replacement Incomes: How to Protect Low-income Workers in the Industrialized Countries Against the Forces of Globalization and Market Integration
Hans-Werner Sinn
- w10799 September 2004 Healthcare Markets, the Safety Net and Access to Care Among the Uninsured
Jose Escarce, Carole Roan Gresenz, and Jeanette A. Rogowski
- w10800 September 2004 Inequality, Nonhomothetic Preferences, and Trade: A Gravity Approach
Muhammed Dalgin, Devashish Mitra, and Vitor Trindade
- w10801 September 2004 Transaction Costs: Valuation Disputes, Bi-Lateral Monopoly Bargaining and Third-Party Effects in Water Rights Exchanges. The Owens Valley Transfer to Los Angeles
Gary D. Libecap
- w10763 September 2004 Will Job Testing Harm Minority Workers?
David H. Autor and David Scarborough
- w10764 September 2004 Shocks and Government Beliefs: The Rise and Fall of American Inflation
Thomas Sargent, Noah Williams, and Tao Zha
- w10765 September 2004 Technological Progress and Economic Transformation
Jeremy Greenwood and Ananth Seshadri
- w10766 September 2004 Finance and Growth: Theory and Evidence
Ross Levine
- w10767 September 2004 Growth and Ideas
Charles I. Jones
- w10768 September 2004 The Impact of China on the Exports of Other Asian Countries
Barry Eichengreen, Yeongseop Rhee, and Hui Tong
- w10769 September 2004 Social Networks and Trade Liberalization
Manish Pandey and John Whalley
- w10770 September 2004 On the Industry Concentration of Actively Managed Equity Mutual Funds
Marcin Kacperczyk, Clemens Sialm, and Lu Zheng
- w10771 September 2004 The Pre-Producers
Boyan Jovanovic
- w10772 September 2004 Marriage and Divorce since World War II: Analyzing the Role of Technological Progress on the Formation of Households
Jeremy Greenwood and Nezih Guner
- w10773 September 2004 Do Acquirers With More Uncertain Growth Prospects Gain Less From Acquisitions?
Sara B. Moeller, Frederik P. Schlingemann, and Rene M. Stulz
- w10774 September 2004 Compatibility and Pricing with Indirect Network Effects: Evidence from ATMs
Christopher R. Knittel and Victor Stango
- w10775 September 2004 Corruption and Reform: An Introduction
Edward L. Glaeser and Claudia Goldin
- w10776 September 2004 When Can Changes in Expectations Cause Business Cycle Fluctuations in Neo-Classical Settings?
Paul Beaudry and Franck Portier
- w10777 September 2004 Neighborhood Effects on Crime for Female and Male Youth: Evidence from a Randomized Housing Voucher Experiment
Jeffrey R. Kling, Jens Ludwig, and Lawrence F. Katz
- w10778 September 2004 Markets in China and Europe on the Eve of the Industrial Revolution
Carol H. Shiue and Wolfgang Keller
- w10779 September 2004 Bulls, Bears, and Retirement Behavior
Courtney C. Coile and Phillip B. Levine
- w10780 September 2004 When it Rains, it Pours: Procyclical Capital Flows and Macroeconomic Policies
Graciela L. Kaminsky, Carmen M. Reinhart, and Carlos A. Vegh
- w10781 September 2004 Financing Consumption in an Aging Japan: The Role of Foreign Capital Inflows in Immigration
Robert Dekle
- w10783 September 2004 Working the System: Firm Learning and the Antidumping Process
Bruce A. Blonigen
- w10784 September 2004 Household Expenditure and the Income Tax Rebates of 2001
David S. Johnson, Jonathan A. Parker, and Nicholas S. Souleles
- w10749 September 2004 Once Again, is Openness Good for Growth?
Ha Yan Lee, Luca Antonio Ricci, and Roberto Rigobon
- w10750 September 2004 Rule of Law, Democracy, Openness, and Income: Estimating the Interrelationships
Roberto Rigobon and Dani Rodrik
- w10751 September 2004 The Long-Run Volatility Puzzle of the Real Exchange Rate
Ricardo Hausmann, Ugo Panizza, and Roberto Rigobon
- w10752 September 2004 High Performing Asian Economies
Robert W. Fogel
- w10753 September 2004 Sovereign Debt and Repudiation: The Emerging-Market Debt Crisis in the U.S. States, 1839-1843
John Joseph Wallis, Richard E. Sylla, and Arthur Grinath III
- w10754 September 2004 The Appeals Process and Adjudicator Incentives
Steven Shavell
- w10755 September 2004 Predatory Trading
Markus K. Brunnermeier and Lasse Heje Pedersen
- w10756 September 2004 Can Interest Rate Volatility be Extracted from the Cross Section of Bond Yields? An Investigation of Unspanned Stochastic Volatility
Pierre Collin-Dufresne, Christopher S. Jones, and Robert S. Goldstein
- w10757 September 2004 Socioeconomic Status and Medical Care Expenditures in Medicare Managed Care
Kanika Kapur, Jeannette A. Rogowski, Vicki A. Freedman, Steven L. wickstrom, John L. Adams, and Jose J. Escarce
- w10758 September 2004 Patent Licensing and the Research University
Richard A. Jensen and Marie C. Thursby
- w10759 September 2004 Explaining Diversities in Age-Specific Life Expectancies and Values of Life Saving: A Numerical Analysis
Isaac Ehrlich and Yong Yin
- w10760 September 2004 Optimal Fines and Auditing When Wealth is Costly to Observe
A. Mitchell Polinsky
- w10761 September 2004 The Optimal Use of Fines and Imprisonment When Wealth is Unobservable
A. Mitchell Polinsky
- w10762 September 2004 Effects of Child Health on Sources of Public Support
Nancy E. Reichman, Hope Corman, and Kelly Noonan
- w10738 September 2004 How Does Cost-Sharing Affect Drug Purchases? Insurance Regimes in the Private Market for Prescription Drugs
Avi Dor and William Encinosa
- w10739 September 2004 The Dynamics of Criminal Behavior: Evidence from Weather Shocks
Brian Jacob, Lars Lefgren, and Enrico Moretti
- w10740 September 2004 Disaggregating Employment Protection: The Case of Disability Discrimination
Christine Jolls and J.J. Prescott
- w10741 September 2004 On the Timing of Innovation in Stochastic Schumpeterian Growth Models
Gadi Barlevy
- w10742 September 2004 Stealth Compensation Via Retirement Benefits
Lucian Arye Bebchuk and Jesse M. Fried
- w10743 September 2004 Multi-Period Corporate Failure Prediction with Stochastic Covariates
Darrell Duffie and Ke Wang
- w10744 September 2004 Effective Labor Regulation and Microeconomic Flexibility
Ricardo J. Caballero, Kevin N. Cowan, Eduardo M.R.A. Engel, and Alejandro Micco
- w10745 September 2004 Does the Impact of Managed Care on Substance Abuse Treatment Services Vary By Profit Status?
Jody Sindelar and Todd Olmstead
- w10746 September 2004 Faster, Smaller, Cheaper: An Hedonic Price Analysis of PDAs
Paul D. Chwelos, Ernst R. Berndt, and Iain M. Cockburn
- w10747 September 2004 Targeting Rules vs. Instrument Rules for Monetary Policy: What is Wrong with McCallum and Nelson?
Lars E.O. Svensson
- w10748 September 2004 Why Do Incumbent Senators Win? Evidence from a Dynamic Selection Model
Gautam Gowrisankaran, Matthew F. Mitchell, and Andrea Moro
- w10735 September 2004 Labor Market Institutions, Wages, and Investment
Jorn-Steffen Pischke
- w10736 September 2004 The Social Costs of Gun Ownership
Phillip J. Cook and Jens Ludwig
- w10737 September 2004 The Value of Life and the Rise in Health Spending
Robert E. Hall and Charles I. Jones
- w10734 September 2004 Emerging Market Business Cycles: The Cycle is the Trend
Mark Aguiar and Gita Gopinath
- w10731 September 2004 Defaultable Debt, Interest Rates and the Current Account
Mark Aguiar and Gita Gopinath
- w10732 September 2004 Transition Dynamics in Vintage Capital Models: Explaining the Postwar Catch-Up of Germany and Japan
Simon Gilchrist and John C. Williams
- w10733 September 2004 Neoclassical Growth and the Adoption of Technologies
Diego Comin and Bart Hobijn
- w10729 September 2004 Empire, Public Goods, and the Roosevelt Corollary
Kris James Mitchener and Marc D. Weidenmier
- w10730 September 2004 Welfare vs. Market Access: The Implications of Tariff Structure for Tariff Reform
James E. Anderson and J. Peter Neary
- w10728 September 2004 Technical Change and the Wage Structure During the Second Industrial Revolution: Evidence from the Merchant Marine, 1865-1912
Aimee Chin, Chinhui Juhn, and Peter Thompson
- w10725 September 2004 Determinants of Business Cycle Comovement: A Robust Analysis
Marianne Baxter and Michael A. Kouparitsas
- w10726 September 2004 Why Do Countries Matter So Much for Corporate Governance?
Rene M. Stulz, Craig Doidge, and Andrew Karolyi
- w10727 September 2004 The US Current Account Deficit and Economic Development: Collateral for a Total Return Swap
Michael P. Dooley, David Folkerts-Landau, and Peter M. Garber
- w10724 September 2004 Optimal Operational Monetary Policy in the Christiano-Eichenbaum-Evans Model of the U.S. Business Cycle
Stephanie Schmitt-Grohe and Martin Uribe
- w10722 September 2004 Robin Hood and His Not-So-Merry Plan: Capitalization and the Self-Destruction of Texas' School Finance Equalization Plan
Caroline M. Hoxby and Ilyana Kuziemko
- w10719 September 2004 Stock Market Trading and Market Conditions
John M. Griffin, Federico Nardari, and Rene M. Stulz
- w10721 September 2004 Negotiating Free Trade
Philippe Aghion, Pol Antràs, and Elhanan Helpman
- w10720 September 2004 The More the Merrier? The Effect of Family Composition on Children's Education
Sandra E. Black, Paul G. Devereux, and Kjell G. Salvanes
- w10723 August 2004 Exchange Rates and Fundamentals
Charles Engel and Kenneth D. West
- w10718 August 2004 The Impact of Trade on Intraindustry Reallocation and Aggregate Industry Productivity: A Comment
Richard E. Baldwin and Frederic Robert-Nicoud
- t0300 August 2004 Volatility Comovement: A Multifrequency Approach
Laurent E. Calvet, Adlai J. Fisher, and Samuel B. Thompson
- w10716 August 2004 Corporate Ownership in France: The Importance of History
Antoin E. Murphy
- w10717 August 2004 Transboundary Spillovers and Decentralization of Environmental Policies
Hilary Sigman
- w10714 August 2004 Explaining the Evolution of Pension Structure and Job Tenure
Leora Friedberg and Michael Owyang
- w10715 August 2004 How Much Might Universal Health Insurance Reduce Socioeconomic Disparities in Health? A Comparison of the US and Canada
Sandra L. Decker and Dahlia K. Remler
- w10712 August 2004 CPI Bias from Supercenters: Does the BLS Know that Wal-Mart Exists?
Jerry Hausman and Ephraim Leibtag
- w10713 August 2004 Long-Term Consequences of Secondary School Vouchers: Evidence from Administrative Records in Colombia
Joshua Angrist, Eric Bettinger, and Michael Kremer
- w10710 August 2004 Merger Policy and Innovation: Must Enforcement Change to Account for Technological Change?
Michael L. Katz and Howard A. Shelanski
- w10711 August 2004 Borrowing Constraints, College Aid, and Intergenerational Mobility
Eric A. Hanushek, Charles Ka Yui Leung, and Kuzey Yilmaz
- w10709 August 2004 The Effect of Malpractice Liability on the Delivery of Health Care
Katherine Baicker and Amitabh Chandra
- w10707 August 2004 Optimal Expectations
Markus K. Brunnermeier and Jonathan A. Parker
- w10708 August 2004 The Role and Functioning of Public-Interest Legal Organizations in the Enforcement of the Employment Laws
Christine Jolls
- w10706 August 2004 Interdependent Security: A General Model
Geoffrey Heal and Howard Kunreuther
- w10703 August 2004 Why Do Real and Nominal Inventory-Sales Ratios Have Different Trends
Valerie A. Ramey and Daniel J. Vine
- w10704 August 2004 Monetary Policy and Asset Prices: A Look Back at Past U.S. Stock Market Booms
Michael D. Bordo and David C. Wheelock
- w10705 August 2004 Abortion Legalization and Lifecycle Fertility
Elizabeth Oltmans Ananat, Jonathan Gruber, and Phillip B. Levine
- w10702 August 2004 A Common Currency: Early U.S. Monetary Policy and the Transition to the Dollar
Peter L. Rousseau
- w10701 August 2004 The Effect of Mandated State Education Spending on Total Local Resources
Katherine Baicker and Nora Gordon
- w10699 August 2004 What Did the "Illegitimacy Bonus" Reward?
Sanders Korenman, Ted Joyce, Robert Kaestner, and Jennifer Walper
- w10700 August 2004 How Far to the Hospital? The Effect of Hospital Closures on Access to Care
Thomas C. Buchmueller, Mireille Jacobson, and Cheryl Wold
- w10698 August 2004 Pairwise Kidney Exchange
Alvin E. Roth, Tayfun Sonmez, and M. Utku Unver
- w10697 August 2004 Overseas Assembly and Country Sourcing Choices
Deborah L. Swenson
- t0299 August 2004 Optimal Invariant Similar Tests for Instrumental Variables Regression
Donald W.K. Andrews, Marcelo Moreira, and James H. Stock
- w10696 August 2004 Fixed Exchange Rates and Trade
Michael W. Klein and Jay C. Shambaugh
- t0298 August 2004 The Use of Predictive Regressions at Alternative Horizons in Finance and Economics
Nelson C. Mark and Donggyu Sul
- w10695 August 2004 Do Tenured and Tenure-Track Faculty Matter?
Ronald G. Ehrenberg and Liang Zhang
- w10694 August 2004 Budget Windows, Sunsets, and Fiscal Control
Alan J. Auerbach
- w10693 August 2004 The Fiscal Burden of Korean Reunification: A Generational Accounting Approach
Alan J. Auerbach, Young Jun Chun, and Ilho Yoo
- w10681 August 2004 Federal Government Debt and Interest Rates
Eric M. Engen and R. Glenn Hubbard
- w10682 August 2004 Welfare Migration: Is the Net Fiscal Burden a Good Measure of Its Economic Impact on the Welfare of the Native Born Population?
Assaf Razin and Efraim Sadka
- w10683 August 2004 Inequality Change in China and (Hukou) Labour Mobility Restrictions
John Whalley and Shunming Zhang
- w10684 August 2004 What is Discrimination? Gender in the American Economic Association
Stephen Donald and Daniel S. Hamermesh
- w10686 August 2004 The Determinants of the Global Digital Divide: A Cross-Country Analysis of Computer and Internet Penetration
Menzie D. Chinn and Robert Fairlie
- w10691 August 2004 Maternal Employment and Adolescent Development
Christopher J. Ruhm
- w10692 August 2004 Corporate Governance, Economic Entrenchment and Growth
Randall Morck, Daniel Wolfenzon, and Bernard Yeung
- w10689 August 2004 Weak and Semi-Strong Form Stock Return Predictability, Revisited
Wayne E. Ferson, Andrea Heuson, and Tie Su
- w10690 August 2004 Corporate Tax Evasion with Agency Costs
Keith J. Crocker and Joel Slemrod
- w10687 August 2004 Law and Firms' Access to Finance
Thorsten Beck, Asli Demirguc-Kunt, and Ross Levine
- w10688 August 2004 Demand for Illicit Drugs by Pregnant Women
Hope Corman, Kelly Noonan, Nancy E. Reichman, and Dhaval Dave
- w10680 August 2004 Refugees, Asylum Seekers and Policy in Europe
Timothy J. Hatton and Jeffrey G. Williamson
- w10679 August 2004 Credible Commitment to Optimal Escape from a Liquidity Trap: The Role of the Balance Sheet of an Independent Central Bank
Olivier Jeanne and Lars E.O. Svensson
- w10678 August 2004 Do Gender Stereotypes Reduce Girls' Human Capital Outcomes? Evidence from a Natural Experiment
Victor Lavy
- w10676 August 2004 The X Tax in the World Economy
David F. Bradford
- w10677 August 2004 Detecting Medicare Abuse
David Becker, Daniel Kessler, and Mark McClellan
- w10672 August 2004 What Does the Yield Curve Tell us about GDP Growth?
Andrew Ang, Monika Piazzesi, and Min Wei
- w10673 August 2004 Exchange Rate Regime Durability and Performance in Developing Countries Versus Advanced Economies
Aasim M. Husain, Ashoka Mody, and Kenneth S. Rogoff
- w10674 August 2004 Corruption in Indonesia
J. Vernon Henderson and Ari Kuncoro
- w10675 August 2004 Portfolio Concentration and the Performance of Individual Investors
Zoran Ivkovich, Clemens Sialm, and Scott Weisbenner
- w10671 August 2004 Large Blocks of Stock: Prevalence, Size, and Measurement
Jennifer Dlugosz, Rudiger Fahlenbrach, Paul Gompers, and Andrew Metrick
- w10669 August 2004 Health in an Age of Globalization
Angus Deaton
- w10670 August 2004 Preschool, Day Care, and Afterschool Care: Who's Minding the Kids?
David Blau and Janet Currie
- w10666 August 2004 Good Principals or Good Peers? Parental Valuation of School Characteristics, Tiebout Equilibrium, and the Effects of Inter-district Competition
Jesse Rothstein
- w10667 August 2004 Neighbors as Negatives: Relative Earnings and Well-Being
Erzo F.P. Luttmer
- w10668 August 2004 Comparative Advantage and Heterogeneous Firms
Andrew B. Bernard, Stephen Redding, and Peter K. Schott
- w10665 August 2004 An Empirical Model of Stock Analysts' Recommendations: Market Fundamentals, Conflicts of Interest, and Peer Effects
Patrick Bajari and John Krainer
- w10663 August 2004 The Economic Impacts of Climate Change: Evidence from Agricultural Profits and Random
Olivier Deschenes and Michael Greenstone
- w10664 August 2004 A Model of Forum Shopping, with Special Reference to Standard Setting Organizations
Josh Lerner and Jean Tirole
- w10662 August 2004 Two Centuries of Economic Growth: Europe Chasing the American Frontier
Robert J. Gordon
- w10661 August 2004 Why was Europe Left at the Station When America's Productivity Locomotive Departed?
Robert J. Gordon
- w10660 August 2004 Five Puzzles in the Behavior of Productivity, Investment, and Innovation
Robert J. Gordon
- w10685 August 2004 Can Mutual Fund Managers Pick Stocks? Evidence from the Trades Prior to Earnings Announcements
Malcolm Baker, Lubomir Litov, Jessica A. Wachter, and Jeffrey Wurgler
- w10654 July 2004 Free Banking and Bank Entry in Nineteenth-Century New York
Howard Bodenhorn
- w10655 July 2004 Search-Theoretic Models of the Labor Market-A Survey
Richard Rogerson, Robert Shimer, and Randall Wright
- w10656 July 2004 Minimum Wage Effects in the Longer Run
David Neumark and Olena Nizalova
- w10657 July 2004 Economic and Political Liberalizations
Francesco Giavazzi and Guido Tabellini
- w10658 July 2004 Evaluating the Impact of the D.C. Tuition Assistance Grant Program
Thomas Kane
- w10659 July 2004 Go Down Fighting: Short Sellers vs. Firms
Owen Lamont
- w10643 July 2004 International Innovation and Diffusion of Air Pollution Control Technologies: The Effects of NOX and SO2 Regulation in the US, Japan, and Germany
David Popp
- w10644 July 2004 Behavioral Finance in Corporate Governance - Independent Directors, Non-Executive Chairs, and the Importance of the Devil's Advocate
Randall Morck
- w10645 July 2004 Do the Rich Flee from High State Taxes? Evidence from Federal Estate Tax Returns
Jon Bakija and Joel Slemrod
- w10646 July 2004 Can Inflation Targeting Work in Emerging Market Countries?
Frederic S. Mishkin
- w10647 July 2004 Estimating the Effects of a Time Limited Earnings Subsidy for Welfare Leavers
David Card and Dean R. Hyslop
- w10648 July 2004 Illicit Drug Use Among Arrestees and Drug Prices
Dhaval Dave
- w10649 July 2004 China's Post Accession WTO Stance
Glenda Mallon and John Whalley
- w10650 July 2004 Do a Firm's Equity Returns Reflect the Risk of Its Pension Plan?
Li Jin, Robert Merton, and Zvi Bobie
- w10651 July 2004 On the Importance of Measuring Payout Yield: Implications for Empirical Asset Pricing
Jacob Boudoukh, Roni Michaely, Matthew Richardson, and Michael Roberts
- w10652 July 2004 Modeling Inventories Over the Business Cycle
Aubhik Khan and Julia K. Thomas
- w10653 July 2004 Sex Differences in Morbidity and Mortality
Anne C. Case and Christina Paxson
- w10640 July 2004 Scientific Teams and Institution Collaborations: Evidence from U.S. Universities, 1981-1999
James D. Adams
- w10641 July 2004 The History and Politics of Corporate Ownership in Sweden
Peter Hogfeldt
- w10642 July 2004 Deflationary Bubbles
Willem H. Buiter and Anne C. Sibert
- w10639 July 2004 Auctions with Resale When Private Values Are Uncertain: Theory and Empirical Evidence
Andreas Lange, John A. List, and Michael K. Price
- w10637 July 2004 Public Debt, Fiscal Solvency and Macroeconomic Uncertainty in Latin America: The Cases of Brazil, Colombia, Costa Rica, and Mexico
Enrique G. Mendoza and P. Marcelo Oviedo
- w10636 July 2004 Technology Shocks and Aggregate Fluctuations: How Well Does the RBS Model Fit Postwar U.S. Data?
Jordi Gali and Pau Rabanal
- w10635 July 2004 The Rise and Fall of the Widely Held Firm - A History of Corporate Ownership in Canada
Randall Morck, Michael Percy, Gloria Tian, and Bernard Yeung
- w10638 July 2004 Specialization, Factor Accumulation and Development
Doireann Fitzgerald and Juan Carlos Hallak
- t0297 July 2004 On the Relationship Between Determinate and MSV Solutions in Linear RE Models
Bennett McCallum
- w10634 July 2004 A New Look at Racial Profiling: Evidence from the Boston Police Department
Kate L. Antonovics and Brian G. Knight
- w10628 July 2004 Spending Less Time with the Family: The Decline of Family Ownership in the UK
Julian Franks, Colin Mayer, and Stefano Rossi
- w10629 July 2004 Unmasking the Pollution Haven Effect
Arik Levinson and M. Scott Taylor
- w10630 July 2004 Capital Income Taxation in the Globalized World
Assaf Razin and Efraim Sadka
- w10631 July 2004 The Source of Historical Economic Fluctuations: An Analysis using Long-Run Restrictions
Neville Francis and Valerie A. Ramey
- w10633 July 2004 Are Migrants More Skilled than Non-Migrants? Repeat, Return and Same-Employer Migrants
Jennifer Hunt
- w10621 July 2004 The Wage Gains of African-American Women in the 1940s
Martha J. Bailey and William J. Collins
- w10622 July 2004 Performance Pay and Teachers' Effort, Productivity and Grading Ethics
Victor Lavy
- w10624 July 2004 Sources for Financing Domestic Capital -- Is Foreign Saving a Viable Option for Developing Countries?
Joshua Aizenman, Brian Pinto, and Artur Radziwill
- w10625 July 2004 R&D: A Small Contribution to Productivity Growth
Diego Comin
- w10626 July 2004 Direct Investment, Rising Real Wages and the Absorption of Excess Labor in the Periphery
Michael P. Dooley, David Folkerts-Landau, and Peter Garber
- w10620 July 2004 The Design of Financial Systems: Towards a Synthesis of Function and Structure
Robert C. Merton and Zvi Bodie
- w10627 July 2004 Using Investment Data to Assess the Importance of Price Mismeasurement
Diego Comin
- w10618 July 2004 Education, Redistribution, and the Threat of Brain Drain
Alexander Haupt and Eckhard Janeba
- w10619 July 2004 The Effects of Cocaine and Heroin Prices on Drug-Related Emergency Department Visits
Dhaval Dave
- w10611 July 2004 Liquidity Constraints and Housing Prices: Theory and Evidence from the VA Mortgage
Jacob L. Vigdor
- w10617 July 2004 Evaluating the Calvo Model of Sticky Prices
Martin Eichenbaum and Jonas D.M. Fisher
- w10616 July 2004 The Macroeconomy and the Yield Curve: A Dynamic Latent Factor Approach
Francis X. Diebold, Glenn D. Rudebusch, and S. Boragan Aruoba
- w10615 July 2004 A Continuous-Time Agency Model of Optimal Contracting and Capital Structure
Peter M. DeMarzo and Yuliy Sannikov
- w10614 July 2004 Unbiased Estimation of the Half-Life to PPP Convergence in Panel Data
Chi-Young Choi, Nelson Mark, and Donggyu Sul
- w10613 July 2004 The Evolution of Concentrated Ownership in India Broad patterns and a History of the Indian Software Industry
Tarun Khann and Krishna Palepu
- w10612 July 2004 Targeting vs. Instrument Rules for Monetary Policy
Bennett T. McCallum and Edward Nelson
- w10632 July 2004 Measuring the Effects of Workloss on Productivity With Team Production
Sean Nicholson, Marc V. Pauly, Daniel Polsky, Claire Sharda, and Helena Szrek
- w10610 July 2004 The Political Economy of Fair Housing Laws Prior to 1968
William J. Collins
- w10598 July 2004 Economic Impacts of Unionization on Private Sector Employers: 1984-2001
John DiNardo and David S. Lee
- w10599 July 2004 Dividend Policy, Agency Costs, and Earned Equity
Harry DeAngelo, Linda DeAngelo, and Rene Stulz
- w10609 July 2004 How Elections Matter: Theory and Evidence from Environmental Policy
John A. List and Daniel M. Sturm
- w10608 July 2004 Breakfast of Champions? The School Breakfast Program and the Nutrition of Children and Families
Jayanta Bhattacharya, Janet Currie, and Steven Haider
- w10606 July 2004 Measuring the Growth from Better and Better Goods
Mark Bils
- w10607 July 2004 The Purchasing Power Parity Debate
Alan M. Taylor and Mark P. Taylor
- w10605 July 2004 Exploring the Patent Explosion
Bronwyn H. Hall
- w10604 July 2004 The Impact of Presumed Consent Legislation on Cadaveric Organ Donation: A Cross Country Study
Alberto Abadie and Sebastien Gay
- w10603 July 2004 Learning on the Quick and Cheap: Gains from Trade Through Imported Expertise
James R. Markusen and Thomas F. Rutherford
- w10602 July 2004 Managing Volatility and Crises: A Practitioner's Guide Overview
Joshua Aizenman and Brian Pinto
- w10601 July 2004 Peace and War in Territorial Disputes
Herschel I. Grossman
- w10600 July 2004 The Impact of the Terms of Trade on Economic Development in the Periphery, 1870-1939: Volatility and Secular Change
Christopher Blattman, Jason Hwang, and Jeffrey G. Williamson
- w10595 June 2004 Facts and Fantasies about Commodity Futures
Gary Gorton and K. Geert Rouwenhorst
- w10596 June 2004 The Effect of Population Health on Foreign Direct Investment
Marcella Alsan, David E. Bloom, and David Canning
- w10597 June 2004 Exotic Preferences for Macroeconomists
David Backus, Bryan Routledge, and Stanley Zin
- w10593 June 2004 Trade, Inequality, and Poverty: What Do We Know? Evidence from Recent Trade Liberalization Episodes in Developing Countries
Pinelopi K. Goldberg and Nina Pavcnik
- w10594 June 2004 Product Variety and Demand Uncertainty
Dennis W. Carlton and James D. Dana
- w10590 June 2004 The Quality of Labor Relations and Unemployment
Olivier Blanchard and Thomas Philippon
- w10591 June 2004 Does School Accountability Lead to Improved Student Performance?
Eric A. Hanushek and Margaret E. Raymond
- w10592 June 2004 Are Technology Improvements Contractionary?
Susanto Basu, John Fernald, and Miles Kimball
- w10580 June 2004 Until it's Over, Over There: The U.S. Economy in World War I
Hugh Rockoff
- w10581 June 2004 Was There a Nasdaq Bubble in the Late 1990s?
Lubos Pastor and Pietro Veronesi
- w10582 June 2004 The Rise of U.S. Antidumping Actions in Historical Perspective
Douglas Irwin
- w10583 June 2004 Measuring Market Integration: Foreign Exchange Arbitrage and the Gold Standard, 1879-1913
Eugene Canjels, Gauri Prakash-Canjels, and Alan M. Taylor
- w10584 June 2004 Slow Recoveries
Raphael Bergoeing, Norman Loayzaw, and Andrea Repetto
- w10585 June 2004 Trade Liberalization and Pollution Havens
Josh Ederington, Arik Levinson, and Jenny Minier
- w10586 June 2004 India's De-Industrialization Under British Rule: New Ideas, New Evidence
David Clingingsmith and Jeffrey G. Williamson
- w10587 June 2004 The Costs of Entrenched Boards
Lucian Bebchuk and Alma Cohen
- w10588 June 2004 The Timing, Intensity, and Composition of Interest Group Lobbying: An Analysis of Structural Policy Windows in the States
John M. de Figueiredo
- w10589 June 2004 Preference Formation and the Rise of Women's Labor Force Participation: Evidence from WWII
Raquel Fernandez, Alessandra Fogli, and Claudia Olivetti
- w10577 June 2004 Why Barriers to Entry are Barriers to Understanding
Dennis W. Carlton
- w10578 June 2004 Education for Innovation: Entrepreneurial Breakthroughs vs. Corporate Incremental Improvements
William J. Baumol
- w10579 June 2004 Maximum Likelihood Estimation of Stochastic Volatility Models
Yacine Ait-Sahalia and Robert Kimmel
- w10575 June 2004 Targeted Remedial Education for Under-Performing Teenagers: Costs and Benefits
Victor Lavy and Analia Schlosser
- w10576 June 2004 Why Doesn't Asia Have Bigger Bond Markets?
Barry Eichengreen and Pipat Luengnaruemitchai
- w10574 June 2004 Should We Fear Derivatives?
Rene M. Stulz
- w10573 June 2004 Asymmetric Cycles
Boyan Jovanovic
- w10572 June 2004 Do Dividend Payments Respond to Taxes? Preliminary Evidence from the 2003 Dividend Tax Cut
Raj Chetty and Emmanuel Saez
- w10568 June 2004 Do Institutions Cause Growth?
Edward L. Glaeser, Rafael La Porta, Florencio Lopez-de-Silane, and Andrei Shleifer
- w10569 June 2004 Productivity, Tradability, and the Long-Run Price Puzzle
Paul Bergin, Reuven Glick, and Alan M. Taylor
- w10570 June 2004 Search, Obfuscation, and Price Elasticities on the Internet
Glenn Ellison and Sara Fisher Ellison
- w10571 June 2004 Conflicts of Interest, Information Provision, and Competition in Banking
Patrick Bolton, Xavier Freixas, and Joel Shapiro
- w10565 June 2004 Globalization, Returns to Accumulationa and the World Distribution of Output
Paul Beaudry and Fabrice Collard
- w10566 June 2004 Growth Accelerations
Ricardo Hausmann, Lant Pritchett, and Dani Rodrik
- w10564 June 2004 Further Tests of Abortion and Crime
Ted Joyce
- w10567 June 2004 SEC Regulation Fair Disclosure, Information, and the Cost of Capital
Armando Gomes, Gary Gorton, and Leonardo Madureira
- w10558 June 2004 Conscription as Regulation
Casey Mulligan and Andrei Shleifer
- w10559 June 2004 The Stock Market and Investment: Evidence from FDI Flows
Malcolm Baker, C. Fritz Foley, and Jeffrey Wurgler
- w10560 June 2004 Growth Volatility and Financial Liberalization
Geert Bekaert, Campbell R. Harvey, and Christian Lundblad
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Scott Adams and David Neumark
- w10562 June 2004 The Economic Effects of Living Wage Laws: A Provisional Review
Scott Adams and David Neumark
- w10563 June 2004 The Real Effects of Investor Sentiment
Christopher Polk and Paola Sapienza
- w10556 June 2004 Shakeouts and Market Crashes
Alessandro Barbarino and Boyan Jovanovic
- w10557 June 2004 The Green Solow Model
William A. Brock and M. Scott Taylor
- w10554 June 2004 Where Do New US-Trained Science-Engineering PhDs come from?
Richard B. Freeman, Emily Jin, and Chia-Yu Shen
- w10555 June 2004 Growth Effects of the Exchange-Rate Regime and the Capital-Account Openness in A Crisis-Prone World Market: A Nuanced View
Assaf Razin and Yona Rubinstein
- w10547 June 2004 Futures Prices as Risk-adjusted Forecasts of Monetary Policy
Monika Piazzesi and Eric Swanson
- w10545 June 2004 Financial Constraints and Growth: Multinational and Local Firm Responses to Currency Crises
Mihir A. Desai, C. Fritz Foley, and Kristin J. Forbes
- w10546 June 2004 Profit Neutrality in Licensing: The Boundary between Antitrust Law and Patent Law
Stephen M. Maurer and Suzanne Scotchmer
- w10548 June 2004 Stock Prices, News and Economic Fluctuations
Paul Beaudry and Franck Portier
- w10549 June 2004 Welfare Reform and Health
Marianne Bitler, Jonah Gelbach, and Hilary Hoynes
- w10550 June 2004 The Economic Implications of Corporate Financial Reporting
John R. Graham, Campbell R. Harvey, and Shiva Rajgopal
- w10551 June 2004 "Success Taxes," Entrepreneurial Entry, and Innovation
William M. Gentry and R. Glenn Hubbard
- w10552 June 2004 The Costs of Low Birth Weight
Douglas Almond, Kenneth Y. Chay, and David S. Lee
- w10553 June 2004 When Do Firms Hire Lobbyists? The Organization of Lobbying at the Federal Communications Commission
John M. de Figueiredo and James J. Kim
- w10537 June 2004 Do Stock Price Bubbles Influence Corporate Investment?
Simon Gilchrist, Charles P. Himmelberg, and Gur Huberman
- w10538 June 2004 The Globalization of the Software Industry: Perspectives and Opportunities for Developed and Developing Countries
Asish Arora and Alfonso Gambardella
- w10539 June 2004 Political Budget Cycles in New versus Established Democracies
Adi Brender and Allan Drazen
- w10540 June 2004 International Trade and Macroeconomic Dynamics with Heterogeneous Firms
Fabio Ghironi and Marc J. Melitz
- w10541 June 2004 Incentive Effects of Social Assistance: A Regression Discontinuity Approach
Thomas Lemieux and Kevin Milligan
- w10542 June 2004 How Much Do Medical Students Know About Physician Income?
Sean Nicholson
- w10543 June 2004 Earnings Manipulation and Managerial Investment Decisions: Evidence from Sponsored Pension Plans
Daniel Bergstresser, Mihir A. Desai, and Joshua Rauh
- w10544 June 2004 Heterogeneous Productivity Response to Tariff Reduction: Evidence from Brazilian Manufacturing Firms
Adriana Schor
- w10535 June 2004 Building Relationships Early: Banks in Venture Capital
Thomas Hellman, Laura Lindsey, and Manju Puri
- w10536 June 2004 Mergers and Acquisitions in the Pharmaceutical and Biotech Industries
Patricia M. Danzon, Andrew Epstein, and Sean Nicholson
- w10534 June 2004 International Reserves Management and Capital Mobility in a Volatile World: Policy Considerations and a Case Study of Korea
Joshua Aizenman, Yeonho Lee, and Yeongseop Rhee
- w10519 May 2004 Fear of Sudden Stops: Lessons from Australia and Chile
Ricardo Caballero, Kevin Cowan, and Jonathan Kearns
- w10520 May 2004 On the Empirics of Sudden Stops: The Relevance of Balance-Sheet Effects
Guillermo A. Calvo, Alejandro Izquierdo, and Luis-Fernando Mejia
- w10521 May 2004 How Fast Do Personal Computers Depreciate? Concepts and New Estimates
Mark E. Doms, Wendy E. Dunn, Stephen D. Oliner, and Daniel E. Sichel
- w10522 May 2004 The Effect of Adolescent Experience on Labor Market Outcomes: The Case of Height
Nicola Persico, Andrew Postlewaite, and Dan Silverman
- w10516 May 2004 HIV Breakthroughs and Risk Sexual Behavior
Dana Goldman, Darius Lakdawalla, and Neeraj Sood
- w10517 May 2004 Exchange Rate Volatility and the Credit Channel in Emerging Markets: A Vertical Perspective
Ricardo Caballero and Arvind Krishnamurthy
- w10518 May 2004 Speculative Growth: Hints from the US Economy
Ricardo Caballero, Emmanuel Farhi, and Mohamad L. Hammour
- w10533 May 2004 Dealing with Destabilizing 'Market Discipline'
Daniel Cohen and Richard Portes
- w10530 May 2004 Bargaining in Legislatures: An Empirical Investigation
Brian Knight
- w10531 May 2004 The Value of Phased Retirement
Steven G. Allen
- w10532 May 2004 Fiscal Policy and Financial Depth
Ricardo J. Caballero and Arvind Krishnamurthy
- w10529 May 2004 International Migration in the Long-Run: Positive Selection, Negative Selection and Policy
Timothy J. Hatton and Jeffrey G. Williamson
- w10528 May 2004 Identifying the Effects of the Americans with Disabilities Act Using State-Law Variation: Preliminary Evidence on Educational Participation Effects
Christine Jolls
- w10527 May 2004 Consumption, Commitmants and Preferences for Risk
Andrew Postlewaite, Larry Samuelson, and Dan Silverman
- w10526 May 2004 Firms' Histories and Their Capital Structures
Ayla Kayhan and Sheridan Titman
- w10525 May 2004 The German Public Pension System: How it Was, How it Will Be
Axel Boersch-Supan and Christina B. Wilke
- w10524 May 2004 A Small Corner of Intertemporal Public Finance - New Developments in Monetary Economics: 2 Ghosts, 2 Eccentricities, A Fallacy, A Mirage and A Mythos
Willem Buiter
- w10523 May 2004 Firm Dynamics, Investment, and Debt Portfolio: Balance Sheet Effects of the Mexican Crisis of 1994
Sangeeta Pratap and Carlos Urrutia
- w10513 May 2004 The Impact of Education on Fertility and Child Mortality: Do Fathers Really Matter Less Than Mothers?
Lucia Breierova and Esther Duflo
- w10514 May 2004 Measuring Self-Control
John Ameriks, Andrew Caplin, John Leahy, and Tom Tyler
- w10515 May 2004 A Portrait of the Artist as a Very Young or Very Old Innovator: Creativity at the Extremes of the Life Cycle
David W. Galenson
- w10511 May 2004 The Role of Public Health Improvements in Health Advances: The 20th Century United States
David M. Cutler and Grant Miller
- w10512 May 2004 The Role of Immigration in Dealing with the Developed World's Demographic Transition
Hans Fehr, Sabine Jokisch, and Laurence Kotlikoff
- w10509 May 2004 Tax Effects on Work Activity, Industry Mix and Shadow Economy Size: Evidence from Rich-Country Comparisons
Steven J. Davis and Magnus Henrekson
- w10510 May 2004 Trust and Bribery: The Role of the Quid Pro Quo and the Link with Crime
Jennifer Hunt
- w10507 May 2004 The Path to the Top: Changes in the Attributes and Careers of Corporate Executives, 1980-2001
Peter Cappelli and Monika Hamori
- w10508 May 2004 Obesity as a Barrier to the Transition from Welfare to Work
John Cawley and Sheldon Danziger
- w10506 May 2004 Simple Estimators for the Parameters of Discrete Dynamic Games (with Entry/Exit Samples)
Ariel Pakes, Michael Ostrovsky, and Steve Berry
- w10499 May 2004 Money, Sex, and Happiness: An Empirical Study
David G. Blanchflower and Andrew J. Oswald
- w10498 May 2004 Intrahousehold Resource Allocation in Cote d'Ivoire: Social Norms, Separate Accounts and Consumption Choices
Esther Duflo and Christopher Udry
- w10500 May 2004 Optimal Unemployment Insurance When Income Effects are Large
Raj Chetty
- w10501 May 2004 Market Structure and Productivity: A Concrete Example
Chad Syverson
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Hyuk Choe, Bong-Chan Kho, and Rene M. Stulz
- w10503 May 2004 Land of Addicts? An Empirical Investigation of Habit-Based Asset Pricing Behavior
Xiaohong Chen and Sydney C. Ludvigson
- w10504 May 2004 Prediction Markets
Justin Wolfers and Eric Zitzewitz
- w10505 May 2004 How Much Does Household Collateral Constrain Regional Risk Sharing?
Hanno Lustig and Stijn Van Nieuwerburgh
- w10495 May 2004 Elements of a Theory of Design Limits to Optimal Policy
William A. Brock and Steven N. Durlauf
- w10496 May 2004 Endogenous Financial and Trade Openness
Joshua Aizenman and Ilan Noy
- w10497 May 2004 Global Imbalances and the Lessons of Bretton Woods
Barry Eichengreen
- w10485 May 2004 Social Capital
Steven N. Durlauf and Marcel Fafchamps
- w10486 May 2004 Plan Design and 401(k) Savings Outcomes
James J. Choi, David Laibson, and Brigitte C. Madrian
- w10487 May 2004 Do Welfare Asset Limits Affect Household Saving? Evidence from Welfare Reform
Erik Hurst and James P. Ziliak
- w10488 May 2004 The Take Up of Social Benefits
Janet Currie
- w10489 May 2004 The Role of Information in Medical Markets: An Analysis of Publicly Reported Outcomes in Cardiac Surgery
David M. Cutler, Robert S. Huckman, and Mary Beth Landrum
- w10490 May 2004 On the (Ir)Relevence of Distribution and Labor Supply Distortion of Government Policy
Louis Kaplow
- w10491 May 2004 The Tying of Lending and Equity Underwriting
Steven Drucker and Manju Puri
- w10492 May 2004 Moving Up or Moving Out? Anti-Sweatshop Activists and Labor Market Outcomes
Ann Harrison and Jason Scorse
- w10493 May 2004 The Economic Aftermath of the 1960s Riots: Evidence from Property Values
William J. Collins and Robert A. Margo
- w10494 May 2004 Are Perks Purely Managerial Excess?
Raghuram Rajan and Julie Wulf
- w10484 May 2004 Finders Keepers: Forfeiture Laws, Policing Incentives, and Local Budgets
Katherine Baicker and Mireille Jacobson
- w10478 May 2004 Education, Work, and Crime: A Human Capital Approach
Lance Lochner
- w10479 May 2004 Bank Chartering and Political Corruption in Antebellum New York: Free Banking as Reform
Howard Bodenhorn
- w10480 May 2004 Trade Costs
James E. Anderson and Eric van Wincoop
- w10481 May 2004 Institutions as the Fundamental Cause of Long-Run Growth
Daron Acemoglu, Simon Johnson, and James Robinson
- w10482 May 2004 Assessing the Economic Gains from Telecom Competition
Richard N. Clarke, Kevin A. Hassett, Zoya Ivanova, and Laurence J. Kotlikoff
- w10483 May 2004 A Comprehensive Look at the Empirical Performance of Equity Premium Prediction
Amit Goval and Ivo Welch
- w10472 May 2004 Reliability and Competitive Electricity Markets
Paul L. Joskow and Jean Tirole
- w10473 May 2004 Retail Electricity Competition
Paul L. Joskow and Jean Tirole
- w10474 May 2004 R&D Sourcing, Joint Ventures and Innovation: A Multiple Indicators Approach
James D. Adams and Mircea Marcu
- w10475 May 2004 Bank Supervision, Regulation, and Instability During the Great Depression
Kris James Mitchener
- w10477 May 2004 How Confident Can We Be in CGE-Based Assessments of Free Trade Agreements?
Thomas Hertel, David Hummels, Maros Ivanic, and Roman Keeney
- w10476 May 2004 Can Portfolio Rebalancing Explain the Dynamics of Equity Returns, Equity Flows, and Exchange Rates?
Harald Hau and Helene Rey
- w10470 May 2004 Who Benefits from the Education Saving Incentives? Income, Educational Expectations, and the Value of the 529 and Coverdell
Susan M. Dynarski
- w10471 May 2004 Corporate Tax Avoidance and High Powered Incentives
Mihir A. Desai and Dhammika Dharmapala
- w10468 May 2004 Soft Information, Hard Sell: The Role of Soft Information in the Pricing of Intellectual Property
William N. Goetzmann, Vicente Pons-Sanz, and S. Abraham Ravid
- w10469 May 2004 Earnings Inequality and the Business Cycle
Gadi Barlevy and Daniel Tsiddon
- w10465 May 2004 Factor Substitution and Unobserved Factor Quality in Nursing Homes
John Cawley, David C. Grabowski, and Richard A. Hirth
- w10466 May 2004 Social Security and the Evolution of Elderly Poverty
Gary V. Engelhardt and Jonathan Gruber
- w10467 May 2004 Specialization and Regulation: The Rise of Professionals and the Emergence of Occupational Licensing Regulation
Marc T. Law and Sukkoo Kim
- w10464 May 2004 Death Spiral or Euthanasia? The Demise of Generous Group Health Insurance Coverage
Mark V. Pauly, Olivia Mitchell, and Yuhui Zeng
- w10460 May 2004 What Determines Corruption? International Evidence from Micro Data
Naci Mocan
- w10461 May 2004 Models for Anchoring and Acquiescence Bias in Consumption Data
Arthur van Soest and Michael Hurd
- w10462 May 2004 A Test for Anchoring and Yea-Saying in Experimental Consumption Data
Arthur van Soest and Michael Hurd
- w10463 May 2004 A Simple Model of Optimal Hate Crime Legislation
Li Gan, Roberton C. Williams III, and Thomas Wiseman
- w10459 May 2004 Child Care Subsidy Receipt, Employment, and Child Care Choices of Single Mothers
Erdal Tekin
- w10457 May 2004 The Shape of Production Function and the Direction of Technical Change
Charles I. Jones
- w10458 May 2004 A Model of Housing in the Presence of Adjustment Costs: A Structural Interpretation of Habit Persistence
Marjorie Flavin and Shinobu Nakagawa
- w10456 May 2004 What Prompts Japan to Intervene in the Forex Market? A New Approach to a Reaction Function
Takatoshi Ito and Tomoyoshi Yabu
- w10455 April 2004 On the Efficacy of Reforms: Policy Tinkering, Institutional Change, and Entrepreneurship
Murat Iyigun and Dani Rodrik
- w10450 April 2004 Estimating Dynamic Models of Imperfect Competition
Patrick Bajari, C. Lanier Benkard, and Jonathan Levin
- w10451 April 2004 Constitutions, Corporations, and Corruption: American States and Constitutional Change
John Joseph Wallis
- w10452 April 2004 Does Prekindergarten Improve School Preparation and Performance?
Katherine A. Magnuson, Christopher J. Ruhm, and Jane Waldfogel
- w10453 April 2004 R-Squared Around the World: New Theory and New Tests
Li Jin and Stewart C. Myers
- w10454 April 2004 Consumption-Wealth Comovement of the Wrong Sign
James J. Choi, David Laibson, Brigitte C. Madrian, and Andrew Metrick
- w10442 April 2004 Factor Prices and Factor Substitution in U.S. Firms' Manufacturing Affiliates Abroad
Maria Borga and Robert E. Lipsey
- w10448 April 2004 High-Frequency Contagion Between the Exchange Rates and Stock Prices
Yuko Hashimoto and Takatoshi Ito
- w10449 April 2004 Investor Sentiment and the Cross-Section of Stock Returns
Malcolm Baker and Jeffrey Wurgler
- w10446 April 2004 Investment, Capacity, and Uncertainty: A Putty-Clay Approach
Simon Gilchrist and John C. Williams
- w10447 April 2004 A Jackknife Estimator for Tracking Error Variance of Optimal Portfolios Constructed Using Estimated Inputs1
Gopal K. Basak, Ravi Jagannathan, and Tongshu Ma
- w10439 April 2004 Political Pressure Deflection
James E. Anderson and Maurizio Zanardi
- w10440 April 2004 Fiscal Shenanigans, Targeted Federal Health Care Funds, and Patient Mortality
Katherine Baicker and Douglas Staiger
- w10441 April 2004 Financial-Sector FDI and Host Countries: New and Old Lessons
Linda Goldberg
- w10443 April 2004 The Optimal Design of Unemployment Insurance and Employment Protection. A First Pass
Olivier Blanchard and Jean Tirole
- w10444 April 2004 Social Security and Trust Fund Management
Takashi Oshio
- w10445 April 2004 Access to Care, Provider Choice and Racial Disparities
Anna Aizer, Adriana Lleras-Muney, and Mark Stabile
- w10437 April 2004 Managed Care Discounting: Evidence from the MarketScan Database
Avi Dor, Siran M. Koroukian, and Michael Grossman
- w10438 April 2004 Which Countries Have State Religions?
Robert J. Barro and Rachel M. McCleary
- w10436 April 2004 Information Diffusion Effects in Individual Investors' Common Stock Purchases: Covet Thy Neighbors' Investment Choices
Zoran Ivkovich and Scott Weisbenner
- w10431 April 2004 The Yield Curve, Recessions and the Credibility of the Monetary Regime: Long Run Evidence 1875-1997
Michael D. Bordo and Joseph G. Haubrich
- w10432 April 2004 Hierarchies, Specialization, and the Utilization of Knowledge: Theory and Evidence from the Legal Services Industry
Luis Garicano and Thomas N. Hubbard
- w10433 April 2004 Schumpeterian Profits in the American Economy: Theory and Measurement
William D. Nordhaus
- w10434 April 2004 Short Interest and Stock Returns
Paul Asquith, Parag A. Pathak, and Jay R. Ritter
- w10435 April 2004 Child Mental Health and Human Capital Accumulation: The Case of ADHD
Janet Currie and Mark Stabile
- w10425 April 2004 Shame and Ostracism: Union Army Deserters Leave Home
Dora L. Costa and Matthew E. Kahn
- w10426 April 2004 International Trade and Cultural Identity
Eckhard Janeba
- w10427 April 2004 Hedonic Price Indexes for Personal Computer Operating Systems and Productivity Suites
Alan G. White, Jaison R. Abel, Ernst R. Berndt, and Cory W. Monroe
- w10428 April 2004 Quantile Regression under Misspecification, with an Application to the U.S. Wage Structure
Joshua Angrist, Victor Chernozhukov, and Ivan Fernandez-Val
- w10429 April 2004 Competition in Imperfect Markets: Does it Help California's Medicaid Mothers?
Anna Aizer, Janet Currie, and Enrico Moretti
- w10430 April 2004 Fiscal Policy in the Aftermath of 9/11
Martin Eichenbaum and Jonas Fisher
- w10415 April 2004 Phased-In Tax Cuts and Economic Activity
Christopher L. House and Matthew D. Shapiro
- w10416 April 2004 Benefits and Spillovers of Greater Competition in Europe: A Macroeconomic Assesment
Tamim Bayoumi, Douglas Laxton, and Paolo Pesenti
- w10417 April 2004 Legal Institutions and Financial Development
Thorsten Beck and Ross Levine
- w10418 April 2004 Corporate Yield Spreads: Default Risk or Liquidity? New Evidence from the Credit-Default Swap Market
Francis A. Longstaff, Sanjay Mithal, and Eric Neis
- w10419 April 2004 401(k) Matching Contributions in Company Stock: Costs and Benefits for Firms and Workers
Jeffrey R. Brown, Nellie Liang, and Scott Weisbenner
- w10420 April 2004 Backward Stealing and Forward Manipulation in the WTO
Kyle Bagwell and Robert W. Staiger
- w10421 April 2004 Employee Stock Purchase Plans
Gary V. Engelhardt and Brigitte C. Madrian
- w10422 April 2004 Optimal Recursive Refinancing and the Valuation of Mortgage-Backed Securities
Francis A. Longstaff
- w10423 April 2004 The Nobel Memorial Prize for Robert F. Engle
Francis X. Diebold
- w10424 April 2004 How Much is Post-Acute Care Use Affected by Its Availability?
Melinda Beeuwkes Buntin, Anita Datar Garten, Susan Paddock, Debra Saliba, Mark Totten, and Jose J. Escarce
- w10409 April 2004 Asymmetric Social Interaction in Economics: Cigarette Smoking Among Young People in the United States, 1992-1999
Jeffrey E. Harris and Beatriz Lopez-Valcarcel
- w10410 April 2004 Heterogeneous Investors and their Changing Demand and Supply Schedules for Individual Common Stocks
Jung-Wook Kim, Jason Lee, and Randall K. Morck
- w10411 April 2004 Financial Claustrophobia: Asset Pricing in Illiquid Markets
Francis A. Longstaff
- w10412 April 2004 A Rational Model of the Closed-End Fund Discount
Jonathan Berk and Richard Stanton
- w10413 April 2004 Conditional Betas
Tano Santos and Pietro Veronesi
- w10414 April 2004 Home Care Reimbursement, Long-term Care Utilization, and Health Outcomes
Robin McKnight
- w10407 April 2004 On the Undesirability of Commodity Taxation Even When Income Taxation is Not Optimal
Louis Kaplow
- w10408 April 2004 Does the Market Value R&D Investment by European Firms? Evidence from a Panel of Manufacturing Firms in France, Germany, and Italy
Bronwyn H. Hall and Raffaele Oriani
- w10404 April 2004 Timeliness, Trade and Agglomeration
James Harrigan and Anthony J. Venables
- w10405 April 2004 Mergers and the Composition of International Commerce
Volker Nocke and Stephen Yeaple
- w10406 April 2004 New Forecasts of the Equity Premium
Christopher Polk, Samuel Thompson, and Tuomo Vuolteenaho
- w10403 April 2004 Incentives in Corporations: Evidence from the American Whaling Industry
Eric Hilt
- w10401 April 2004 Estimating the Value of a Statistical Life: The Importance of Omitted Variables and Publication Bias
Orley Ashenfelter and Michael Greenstone
- w10402 April 2004 What Explains the Stock Market's Reaction to Federal Reserve Policy?
Ben S. Bernanke and Kenneth N. Kuttner
- w10400 April 2004 The Institutions of Monetary Policy
Mervyn King
- w10399 March 2004 Top Wealth Shares in the United States: 1916-2000: Evidence from Estate Tax Returns
Wojciech Kopczuk and Emmanuel Saez
- w10394 March 2004 Public Debt Management in Brazil
Francesco Giavazzi and Alessandro Missale
- w10395 March 2004 Valuing Assets in Retirement Saving Accounts
James Poterba
- w10396 March 2004 The Trilemma in History: Tradeoffs among Exchange Rates, Monetary Policies, and Capital Mobility
Maurice Obstfeld, Jay C. Shambaugh, and Alan M. Taylor
- w10397 March 2004 Agreeing Now to Agree Later: Contracts that Rule Out but do not Rule In
Oliver Hart and John Moore
- w10398 March 2004 Microeconomic Flexibility in Latin America
Ricardo J. Caballlero, Eduardo Engel, and Alejandro Micco
- w10390 March 2004 Inflation Targeting and Debt: Lessons from Brazil
Carlo A. Favero and Francesco Giavazzi
- w10391 March 2004 Transparency of Information and Coordination in Economies with Investment Complementarities
George-Marios Angeletos and Alessandro Pavan
- w10392 March 2004 Rule-of-Thumb Consumers and the Design of Interest Rate Rules
Jordi Gali, J. David Lopez-Salido, and Javier Valles
- w10393 March 2004 Monetary Sovereignty, Exchange Rates, and Capital Controls: The Trilemma in the Interwar period
Maurice Obstfeld, Jay C. Shambaugh, and Alan M. Taylor
- w10386 March 2004 Consumer Demand for Health Information on the Internet
M. Kate Bundorf, Laurence Baker, Sara Singer, and Todd Wagner
- w10387 March 2004 Business Cycles in Emerging Economies: The Role of Interest Rates
Pablo A. Neumeyer and Fabrizio Perri
- w10388 March 2004 An Empirical Analysis of the Economic Impact of Federal Terrorism Reinsurance
Jeffrey R. Brown, J. David Cummins, Christopher M. Lewis, and Ran Wei
- w10389 March 2004 Fiscal Dominance and Inflation Targeting: Lessons from Brazil
Olivier Blanchard
- w10384 March 2004 Tracking the Source of the Decline in GDP Volatility: An Analysis of the Automobile Industry
Valerie A. Ramey and Daniel J. Vine
- w10385 March 2004 Legislative Representation, Bargaining Power, and the Distribution of Federal Funds: Evidence from the U.S. Senate
Brian Knight
- w10382 March 2004 Employer-Sponsored Disability Insurance: Where are the Gaps in Coverage?
Helen Levy
- w10383 March 2004 Nominal Wage Rigidities in Mexico: Evidence from Social Security Records
Sara G. Castellanos, Rodrigo Garcia-Verdu, and David S. Kaplan
- w10381 March 2004 Mortality Risk and Educational Attainment of Black and White Men
Li Gan and Guan Gong
- w10380 March 2004 Entry Regulation as a Barrier to Entrepreneurship
Leora Klapper, Luc Laeven, and Raghuram Rajan
- w10376 March 2004 From "Hindu Growth" to Productivity Surge: The Mystery of the Indian Growth Transition
Dani Rodrik and Arvind Subramanian
- w10377 March 2004 Transaction Prices and Managed Care Discounting for Selected Medical Technologies: A Bargaining Approach
Avi Dor, Michael Grossman, and Siran M.Koroukian
- w10378 March 2004 Inappropriate Pooling of Wealthy and Poor Countries in Empirical FDI Studies
Bruce A. Blonigen and Miao Wang
- w10379 March 2004 A New Micro Model of Exchange Rate Dynamics
Martin D.D. Evans and Richard K. Lyons
- w10375 March 2004 Government Gains from Self-Restraint: A Bargaining Theory of Inefficient Redistribution
Allan Drazen and Nuno Limão
- w10368 March 2004 Three Strikes and You're Out: Reply to Cooper and Willis
Ricardo J. Caballero and Eduardo M.R.A. Engel
- w10369 March 2004 Shape Up or Ship Out: The Effects of Remediation on Students at Four-Year Colleges
Eric Bettinger and Bridget Terry Long
- w10370 March 2004 Do College Instructors Matter? The Effects of Adjuncts and Graduate Assistants on Students' Interests and Success
Eric Bettinger and Bridget Terry Long
- w10374 March 2004 Pay or Pray? The Impact of Charitable Subsidies on Religious Attendance
Jonathan Gruber
- w10373 March 2004 A Meta-Analysis of the Effect of Common Currencies on International Trade
Andrew Rose
- w10371 March 2004 Inequality, Technology, and the Social Contract
Roland Benabou
- w10372 March 2004 Dynamic Portfolio Selection by Augmenting the Asset Space
Michael W. Brandt and Pedro Santa-Clara
- w10365 March 2004 The Impact of Nearly Universal Insurance Coverage on Health Care Utilization and Health: Evidence from Medicare
David Card, Carlos Dobkin, and Nicole Maestas
- w10367 March 2004 The Effect of Structural Reforms on Productivity and Profitability Enhancing Reallocation: Evidence from Colombia
Marcela Eslava, John Haltiwanger, Adriana Kugler, and Maurice Kugler
- w10363 March 2004 The Dynamics of Seller Reputation: Theory and Evidence from eBay
Luis Cabral and Ali Hortacsu
- w10364 March 2004 Labor Productivity in Britain and America During the Nineteenth Century
Stephen N. Broadberry and Douglas A. Irwin
- w10366 March 2004 Would the Elimination of Affirmative Action Affect Highly Qualified Minority Applicants? Evidence from California and Texas
David Card and Alan B. Krueger
- w10362 March 2004 Monetary and Fiscal Policy Switching
Troy Davig, Eric M. Leeper, and Hess Chung
- w10360 March 2004 Productivity Growth and Disinflation in Chile
Jose De Gregorio
- w10361 March 2004 Subjective Outcomes in Economics
Daniel S. Hamermesh
- w10355 March 2004 Equity Style Returns and Institutional Investor Flows
Kenneth A. Froot and Melvyn Teo
- w10356 March 2004 How Well Can the New Open Economy Macroeconomics Explain the Exchange Rate and Current Account?
Paul R. Bergin
- w10357 March 2004 Tax Policy and Education Policy: Collision or Coordination? A Case Study of the 529 and Coverdell Saving Incentives
Susan M. Dynarski
- w10358 March 2004 The Effect of Financial Development on Convergence: Theory and Evidence
Philippe Aghion, Peter Howitt, and David Mayer-Foulkes
- w10359 March 2004 Interpreting the Predictions of Prediction Markets
Charles F. Manski
- w10353 March 2004 Port Efficiency, Maritime Transport Costs and Bilateral Trade
Ximena Clark, David Dollar, and Alejandro Micco
- w10354 March 2004 Interest Rates and Backward-Bending Investment
Raj Chetty
- w10348 March 2004 Transaction Structures in the Developing World
Josh Lerner and Antoinette Schoar
- w10349 March 2004 Do Foreign Students Crowd Out Native Students from Graduate Programs?
George J. Borjas
- w10350 March 2004 Co-Worker Complemetarity and the Stability of Top Management Teams
Rachel M. Hayes, Paul Oyer, and Scott Schaefer
- w10351 March 2004 Business Cycle Accounting
V.V. Chari, Patrick J. Kehoe, and Ellen McGrattan
- w10352 March 2004 Fibonacci and the Financial Revolution
William N. Goetzmann
- w10347 March 2004 On the Distributional Consequences of Child Labor Legislation
Dirk Krueger and Jessica Tjornhom Donohue
- w10342 March 2004 The European Union: A Politically Incorrect View
Alberto Alesina and Roberto Perotti
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William N. Goetzmann, Massimo Massa, and Andrei Simonov
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Jonathan Eaton, Samuel Kortum, and Francis Kramarz
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Marcio Garcia and Roberto Rigobon
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Mihir A. Desai, C. Fritz Foley, and James R. Hines Jr.
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Orazio Attanasio, Erich Battistin, and Hidehiko Ichimura
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Olivia S. Mitchell and John Piggott
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Steven Shavell
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B. Zorina Khan
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Jay Bhattacharya and Darius Lakdawalla
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Brian Knight
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Angelique Augereau, Shane Greenstein, and Marc Rysman
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Claudia Goldin
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Sarah E. West and Roberton C. Williams
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Claudia Goldin
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Michael P. Dooley, David Folkerts-Landau, and Peter Garber
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Kohei Komamura and Atsuhiro Yamada
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Olivier Blanchard
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Michael D. Bordo, John Landon Lane, and Angela Redish
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Tibor Besedes and Thomas J. Prusa
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Casey B. Mulligan and Yona Rubinstein
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James Poterba
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Todd Sinai and Joseph Gyourko
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Frank R. Lichtenberg
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Robert Shimer
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Dimitri Vayanos
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Judith K. Hellerstein and David Neumark
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Michael Kremer and Edward Miguel
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Ralph Siebert and Klaus Gugler
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Robert W. Fogel
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Edward L. Glaeser, Eric A. Hanushek, and John M. Quigley
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Alberto Alesina and Eliana La Ferrara
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Christian Broda and David E. Weinstein
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Cecilia E. Rouse and Alan B. Krueger
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Edward C. Prescott
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Eric Edmonds and Nina Pavcnik
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Anusha Chari and Peter Blair Henry
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Michelle J. White
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Peter N. Ireland
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Eric Edmonds, Kristin Mammen, and Douglas L. Miller
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Mark Aguiar and Erik Hurst
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Johannes Van Biesebroeck
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Shiu-Sheng Chen and Charles Engel
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Alan L. Gustman and Thomas L. Steinmeier
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Jennifer L. Blouin, Jana Smith Raedy, and Douglas A. Shackelford
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Sebastian Edwards
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Boyan Jovanovic and Peter L. Rousseau
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Richard H. Steckel
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Wolfgang Keller and Carol H. Shiue
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Robert S. Pindyck
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Russel W. Cooper, John C. Haltiwanger, and Jonathan Willis
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Leonardo Gambacorta
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Carmen M. Reinhart and Kenneth S. Rogoff
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Naomi R. Lamoreaux and Jean-Laurent Rosenthal
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Aaron Tornell, Frank Westermann, and Lorenza Martinez
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Alan Auerbach and Maurice Obstfeld
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Alan J. Auerbach
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Kyle Bagwell and Robert W. Staiger
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Aaron Tornell, Frank Westermann, and Lorenza Martinez
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Assaf Razin
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David Popp
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David G. Blanchflower
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Kristin J. Forbes
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Erik Hurst and Paul Willen
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Jeremy Lise, Shannon Seitz, and Jeffrey Smith
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Zoran Ivkovich, James Poterba, and Scott Weisbenner
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Sebastian Edwards
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Johannes Van Biesebroeck
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Kenneth D. West
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Gordon B. Dahl and Enrico Moretti
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Eric V. Edmonds
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Charles Engel and Kenneth D. West
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Andrew Atkeson and Patrick Kehoe
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Andrei Shleifer
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Martin Lettau, Sydney C. Ludvigson, and Jessica A. Wachter
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B. Zorina Khan
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Jess Benhabib, Stephanie Schmitt-Grohe, and Martin Uribe
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Emmanuel Saez
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Erdal Tekin
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Muriel Niederle and Alvin E. Roth
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Steven Haider and Melvin Stephens Jr.
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Kristian R. Miltersen and Eduardo S. Schwartz
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Jeremy C. Stein
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John Karl Scholz, Ananth Seshadri, and Surachai Khitatrakun
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Morten Ravn, Stephanie Schmitt-Grohe, and Martin Uribe
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Casey B. Mulligan
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John Y. Campbell and Tuomo Vuolteenaho
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Josef Lakonishok, Inmoo Lee, and Allen M. Poteshman
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Janet Currie and Matthew Neidell
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Donald R. Davis and David E. Weinstein
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Stephanie Schmitt-Grohe and Martin Uribe
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Lawrence J. Christiano, Martin Eichenbaum, and Robert Vigfusson
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Lawrence J. Christiano, Roberto Motto, and Massimo Rostagno
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William R. Hauk and Romain Wacziarg
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Kyle Bagwell and Robert W. Staiger
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Carolyn L. Evans and James Harrigan
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Serkan Arslanalp and Peter Blair Henry
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Mikhail Golosov, Larry E. Jones, and Michele Tertilt
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V.V. Chari and Patrick J. Kehoe
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Mihir A. Desai and James R. Hines Jr.
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Casey B. Mulligan and Andrei Shleifer
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Jeffrey R. Brown, Zoran Ivkovich, Paul A. Smith, and Scott Weisbenner
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Raymond Fisman and Inessa Love
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Elisabeth Kremp and Jacques Mairesse
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Ariel Burstein, Joao C. Neves, and Sergio Rebelo
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Russell Cooper, Hubert Kempf, and Dan Peled
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Paul A. Gompers, Joy Ishii, and Andrew Metrick
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Alberto Alesina and Guido Tabellini
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Eric Bettinger
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William J. Collins and Robert A. Margo
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Juan Carlos Hallak and James Levinsohn
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Philippe Bacchetta and Eric van Wincoop
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Philippe Aghion, Philippe Bacchetta, and Abhijit Banerjee
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Christopher J. Ruhm
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Kevin Murphy and Andrei Shleifer
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Eric A. Hanushek
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James J. Choi, David Laibson, Brigitte Madrian, and Andrew Metrick
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Brian J. Henderson, Narasimhan Jegadeesh, and Michael S. Weisbach
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Mark Grinblatt, Matti Keloharju, and Seppo Ikaheimo
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Ann Dryden Witte and Magaly Queralt
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Paul Oyer and Scott Schaefer
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Josh Lerner
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Evangelos Benos and Michael S. Weisbach
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Owen A. Lamont and Jeremy C. Stein
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Hugo Benitez-Silva, Moshe Buchinsky, and John Rust
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Ben S. Bernanke, Jean Boivin, and Piotr Eliasz
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Paul Oyer and Scott Schaefer
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John Ameriks, Andrew Caplin, and John Leahy
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Serkan Arslanalp and Peter Blair Henry
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Chin Hee Hahn
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Keiko Ito and Kyoji Fukao
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Casey B. Mulligan
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Raj Chetty
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Bronwyn H. Hall
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David W. Galenson
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Ted Joyce, Robert Kaestner, Sanders Korenman, and Stanley Henshaw
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Adriana Kugler
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Pinka Chatterji and Sara Markowitz
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Andrew K. Rose
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Gautam Gowrisankaran and Robert J. Town
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Kishore Gawande, Pravin Krishna, and Michael J. Robbins
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Robert C. Feenstra and Gordon H. Hanson
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Joseph E. Aldy and W. Kip Viscusi
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Sara B. Moeller, Frederik P. Schlingemann, and Rene M. Stulz
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Jeffrey R. Campbell and Zvi Hercowitz
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Susan E. Woodward and Robert E. Hall
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Edward L. Glaeser
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Robert C. Feenstra and Marshall B. Reinsdorf