NBER Working papers 2006
Week of December 25, 2006
- The Economics of Hurricanes in the United States
William D. Nordhaus #12813 (PE) - Restructuring Research: Communication Costs and the Democratization of University Innovation
Ajay K. Agrawal and Avi Goldfarb #12812 (PR) - Lucky Directors
Lucian A. Bebchuk, Yaniv Grinstein, and Urs Peyer #12811 (CF, LE) - Money Illusion and Housing Frenzies
Markus K. Brunnermeier and Christian Julliard #12810 (AP, EFG, ME) - Do Wealth Fluctuations Generate Time-varying Risk Aversion? Micro-Evidence on Individuals' Asset Allocation
Markus K. Brunnermeier and Stefan Nagel #12809 (AP, EFG) - Measuring the Impacts of FDI in Central and Eastern Europe
Robert E. Lipsey #12808 (ITI) - Debt Enforcement Around the World
Simeon Djankov, Oliver Hart, Caralee McLiesh, and Andrei Shleifer #12807 (CF, LE) - Decomposing the Effects of Financial Liberalization: Crises vs. Growth
Romain Ranciere, Aaron Tornell, and Frank Westermann #12806 (IFM, EFG) - Notional Defined Contribution Pension Systems in a Stochastic Context: Design and Stability
Alan J. Auerbach and Ronald Lee #12805 (AG, PE) - Price and Capacity Competition
Daron Acemoglu, Kostas Bimpikis, and Asuman Ozdaglar #12804 (CF, EFG, IO) - Black Box Warnings and Drug Safety: Examining the Determinants and Timing of FDA Warning Labels
Allan Begosh, John Goldsmith, Ed Hass, Randall W. Lutter, Clark Nardinelli, and John A. Vernon #12803 (HC, HE, LE) - Which Countries Become Tax Havens?
Dhammika Dharmapala and James R. Hines Jr. #12802 (IFM, ITI, PE) - Did Big Government's Largesse Help the Locals? The Implications of WWII Spending for Local Economic Activity, 1939-1958
Joseph Cullen and Price V. Fishback #12801 (DAE, PE, EFG) - Immigration and the Survival of Social Security: A Political Economy Model
Edith Sand and Assaf Razin #12800 (IFM) - We Can Work It Out - The Globalisation of ICT-enabled Services
Desiree van Welsum and Xavier Reif #12799 (ITI, LS) - Optimal Executive Compensation vs. Managerial Power: A Review of Lucian Bebchuk and Jesse Fried's "Pay without Performance: The Unfulfilled Promise of Executive Compensation"
Michael S. Weisbach #12798 (CF, LS, LE)
Week of December 18, 2006
- Multifrequency Jump-Diffusions: An Equilibrium Approach
Laurent E. Calvet and Adlai J. Fisher #12797 (EFG) - An Economic History of Fertility in the U.S.: 1826-1960
Larry E. Jones and Michele Tertilt #12796 (CH, DAE) - A Conceptual Framework for Interpreting Recorded Human History
Douglass C North, John Joseph Wallis, and Barry R. Weingast #12795 (DAE) - Coping with Disaster: The Impact of Hurricanes on International Financial Flows, 1970-2002
Dean Yang #12794 (IFM, ITI) - When Is It Optimal to Abandon a Fixed Exchange Rate?
Sergio Rebelo and Carlos A. Vegh #12793 (IFM) - Entrepreneurial Learning, the IPO Decision, and the Post-IPO Drop in Firm Profitability
Lubos Pastor, Lucian Taylor, and Pietro Veronesi #12792 (AP, CF) - Fixed-Term Employment Contracts in an Equilibrium Search Model
Fernando Alvarez and Marcelo Veracierto #12791 (EFG, LS) - Lead Them to Water and Pay Them to Drink: An Experiment with Services and Incentives for College Achievement
Joshua Angrist, Daniel Lang, and Philip Oreopoulos #12790 (CH, ED, LS, PE) - When is Democracy an Equilibrium?: Theory and Evidence from Colombia's "La Violencia"
Mario Chacon, James A. Robinson, and Ragnar Torvik #12789 (DAE, POL) - Monetary Policy Challenges in Emerging Markets: Sudden Stop, Liability Dollarization, and Lender of Last Resort
Guillermo A. Calvo #12788 (ME, IFM) - Housing Dynamics
Edward L. Glaeser and Joseph Gyourko #12787 (PE, AP) - Long-Term Changes in Labor Supply and Taxes: Evidence from OECD Countries, 1956-2004
Lee Ohanian, Andrea Raffo, and Richard Rogerson #12786 (EFG, PE, LS) - Online Auctions
Axel Ockenfels, David Reiley, and Abdolkarim Sadrieh #12785 (IO) - Regulating Misinformation
Edward L. Glaeser and Gergely Ujhelyi #12784 (PE, IO) - Sovereign Risk and Secondary Markets
Fernando Broner, Alberto Martin, and Jaume Ventura #12783 (IFM) - Multi-Product Firms and Trade Liberalization
Andrew B. Bernard, Stephen J. Redding, and Peter K. Schott #12782 (IO, ITI) - Heterogeneous Expectations and Bond Markets
Wei Xiong and Hongjun Yan #12781 (AP, ME) - State-Owned Enterprise Behaviour Responses to Trade Reforms: Some Analytics and Numerical Simulation Results Using Chinese Data
John Whalley and Shunming Zhang #12780 (ITI) - Rural Income Volatility and Inequality in China
John Whalley and Ximing Yue #12779 (LS) - Socially Optimal Coordination: Characterization and Policy Implications
George-Marios Angeletos and Alessandro Pavan #12778 (EFG, ME) - Is the Endangered Species Act Endangering Species?
John A. List, Michael Margolis, and Daniel E. Osgood #12777 (PE) - Mandatory Versus Voluntary Disclosure of Product Risks
A. Mitchell Polinsky and Steven Shavell #12776 (LE, CF) - State-Dependent Intellectual Property Rights Policy
Daron Acemoglu and Ufuk Akcigit #12775 (EFG, IO, PR) - The Dynamic Effects of an Earnings Subsidy for Long-Term Welfare Recipients: Evidence from the SSP Applicant Experiment
David Card and Dean R. Hyslop #12774 (LS, PE) - Corporate Financial and Investment Policies when Future Financing is not Frictionless
Heitor Almeida, Murillo Campello, and Michael S. Weisbach #12773 (CF) - DSGE Models in a Data-Rich Environment
Jean Boivin and Marc Giannoni #12772 (EFG, ME) - Lucky CEOs
Lucian A. Bebchuk, Yaniv Grinstein, and Urs Peyer #12771 (CF, LE, LS) - Population Aging and Intergenerational Transfers: Introducing Age into National Accounts
Andrew Mason, Ronald Lee, An-Chi Tung, Mun-Sim Lai, and Tim Miller #12770 (AG, PE)
Week of December 11, 2006
- Multifrequency Jump-Diffusions: An Equilibrium Approach
Laurent E. Calvet and Adlai J. Fisher #12797 (EFG) - An Economic History of Fertility in the U.S.: 1826-1960
Larry E. Jones and Michele Tertilt #12796 (CH, DAE) - A Conceptual Framework for Interpreting Recorded Human History
Douglass C North, John Joseph Wallis, and Barry R. Weingast #12795 (DAE) - Coping with Disaster: The Impact of Hurricanes on International Financial Flows, 1970-2002
Dean Yang #12794 (IFM, ITI) - When Is It Optimal to Abandon a Fixed Exchange Rate?
Sergio Rebelo and Carlos A. Vegh #12793 (IFM) - Entrepreneurial Learning, the IPO Decision, and the Post-IPO Drop in Firm Profitability
Lubos Pastor, Lucian Taylor, and Pietro Veronesi #12792 (AP, CF) - Fixed-Term Employment Contracts in an Equilibrium Search Model
Fernando Alvarez and Marcelo Veracierto #12791 (EFG, LS) - Lead Them to Water and Pay Them to Drink: An Experiment with Services and Incentives for College Achievement
Joshua Angrist, Daniel Lang, and Philip Oreopoulos #12790 (CH, ED, LS, PE) - When is Democracy an Equilibrium?: Theory and Evidence from Colombia's "La Violencia"
Mario Chacon, James A. Robinson, and Ragnar Torvik #12789 (DAE, POL) - Monetary Policy Challenges in Emerging Markets: Sudden Stop, Liability Dollarization, and Lender of Last Resort
Guillermo A. Calvo #12788 (ME, IFM) - Housing Dynamics
Edward L. Glaeser and Joseph Gyourko #12787 (PE, AP) - Long-Term Changes in Labor Supply and Taxes: Evidence from OECD Countries, 1956-2004
Lee Ohanian, Andrea Raffo, and Richard Rogerson #12786 (EFG, PE, LS) - Online Auctions
Axel Ockenfels, David Reiley, and Abdolkarim Sadrieh #12785 (IO) - Regulating Misinformation
Edward L. Glaeser and Gergely Ujhelyi #12784 (PE, IO) - Sovereign Risk and Secondary Markets
Fernando Broner, Alberto Martin, and Jaume Ventura #12783 (IFM) - Multi-Product Firms and Trade Liberalization
Andrew B. Bernard, Stephen J. Redding, and Peter K. Schott #12782 (IO, ITI) - Heterogeneous Expectations and Bond Markets
Wei Xiong and Hongjun Yan #12781 (AP, ME) - State-Owned Enterprise Behaviour Responses to Trade Reforms: Some Analytics and Numerical Simulation Results Using Chinese Data
John Whalley and Shunming Zhang #12780 (ITI) - Rural Income Volatility and Inequality in China
John Whalley and Ximing Yue #12779 (LS) - Socially Optimal Coordination: Characterization and Policy Implications
George-Marios Angeletos and Alessandro Pavan #12778 (EFG, ME) - Is the Endangered Species Act Endangering Species?
John A. List, Michael Margolis, and Daniel E. Osgood #12777 (PE) - Mandatory Versus Voluntary Disclosure of Product Risks
A. Mitchell Polinsky and Steven Shavell #12776 (LE, CF) - State-Dependent Intellectual Property Rights Policy
Daron Acemoglu and Ufuk Akcigit #12775 (EFG, IO, PR) - The Dynamic Effects of an Earnings Subsidy for Long-Term Welfare Recipients: Evidence from the SSP Applicant Experiment
David Card and Dean R. Hyslop #12774 (LS, PE) - Corporate Financial and Investment Policies when Future Financing is not Frictionless
Heitor Almeida, Murillo Campello, and Michael S. Weisbach #12773 (CF) - DSGE Models in a Data-Rich Environment
Jean Boivin and Marc Giannoni #12772 (EFG, ME) - Lucky CEOs
Lucian A. Bebchuk, Yaniv Grinstein, and Urs Peyer #12771 (CF, LE, LS) - Population Aging and Intergenerational Transfers: Introducing Age into National Accounts
Andrew Mason, Ronald Lee, An-Chi Tung, Mun-Sim Lai, and Tim Miller #12770 (AG, PE)
Week of December 4, 2006
- Growth and Intellectual Property
Michele Boldrin and David K. Levine #12769 (EFG) - Economic Performance and Work Activity in Sweden after the Crisis of the Early 1990s
Steven J. Davis and Magnus Henrekson #12768 (EFG, LS, PE) - Information Cascades: Evidence from An Experiment with Financial Market Professionals
Jonathan E. Alevy, Michael S. Haigh, and John List #12767 (AP) - Can Housing Collateral Explain Long-Run Swings in Asset Returns?
Hanno Lustig and Stijn Van Nieuwerburgh #12766 (AP) - What Do Independent Directors Know? Evidence from Their Trading
Enrichetta Ravina and Paola Sapienza #12765 (CF) - Health Insurance and Ex Ante Moral Hazard: Evidence from Medicare
Dhaval Dave and Robert Kaestner #12764 (HE, AG, HC) - On the Welfare Costs of Consumption Uncertainty
Robert J. Barro #12763 (EFG, ME, PE) - Cross-Cohort Differences in Health on the Verge of Retirement
Beth J. Soldo, Olivia S. Mitchell, Rania Tfaily, and John F. McCabe #12762 (AG, HC, LS) - The International Migration of Knowledge Workers: When is Brain Drain Beneficial?
Peter J. Kuhn and Carol McAusland #12761 (IO, ITI, LS) - South African Trade Policy Matters: Trade Performance and Trade Policy
Lawrence Edwards and Robert Z. Lawrence #12760 (ITI) - China and the Multilateral Trading System
Robert Z. Lawrence #12759 (ITI) - Is Drug Coverage a Free Lunch? Cross-Price Elasticities and the Design of Prescription Drug Benefits
Martin Gaynor, Jian Li, and William B. Vogt #12758 (HC)
Week of November 27, 2006
- Job Security Does Affect Economic Efficiency: Theory, A New Statistic, and Evidence from Chile
Amil Petrin and Jagadeesh Sivadasan #12757 (IO, LS, PR) - Anomalies in Estimates of Cross-Price Elasticities for Marketing Mix Models: Theory and Empirical Test
Andre Bonfrer, Ernst R. Berndt and Alvin Silk #12756 (PR) - The Return to Capital in China
Chong-En Bai, Chang-Tai Hsieh, Yingyi Qian #12755 (EFG, IFM) - Crime and Circumstance: The Effects of Infant Health Shocks on Fathers' Criminal Activity
Hope Corman, Kelly Noonan, Nancy E. Reichman and Ofira Schwartz-Soicher #12754 (CH, HC, HE, LS) - On the Macroeconomics of Asset Shortages
Ricardo J. Caballero #12753 (EFG, IFM, AP) - Uncertainty In Environmental Economics
Robert S. Pindyck #12752 (IO) - Party Influence in Congress and the Economy
Erik Snowberg, Justin Wolfers and Eric Zitzewitz #12751 (AP, EFG, LS, PE, POL) - Estimating Interdependence Between Health and Education in a Dynamic Model
Li Gan, Guan Gong #12750 (AG, CH, HE, LS) - Coalition Formation in Political Games
Daron Acemoglu, Georgy Egorov and Konstantin Sonin #12749 (POl) - Emergence and Persistence of Inefficient States
Daron Acemoglu, Davide Ticchi and Andrea Vindigni #12748 (EFG, POL) - Contractual Frictions and Global Sourcing
Pol Antras and Elhanan Helpman #12747 (ITI) - How Large Is the Housing Wealth Effect? A New Approach
Christopher D. Carroll, Misuzu Otsuka and Jirka Slacalek #12746 (AP, EFG, ME) - Trade Agreements as Endogenously Incomplete Contracts
Henrik Horn, Giovanni Maggi and Robert W. Staiger #12745 (ITI) - Unspanned Stochastic Volatility and the Pricing of Commodity Derivatives
Anders B. Trolle and Eduardo S. Schwartz #12744 (AP) - Does Increased Access Increase Equality? Gender and Child Health Investments in India
Emily Oster #12743 (LS, HC) - Catastrophe Bonds, Reinsurance, and the Optimal Collateralization of Risk-Transfer
Darius Lakdawalla and George Zanjani #12742 (CF, PE, AP) - The "Stern Review" on the Economics of Climate Change
William D. Nordhaus #12741 (EFG, PE) - Comparing Two Variants of Calvo-Type Wage Stickiness
Stephanie Schmitt-Grohe and Martin Uribe #12740 (EFG, ME) - Family Firms, Paternalism, and Labor Relations
Holger M. Mueller and Thomas Philippon #12739 (CF, LS) - The Political Economy of Warfare
Edward L. Glaeser #12738 (POL, PE) - Do Students Care about School Quality? Determinants of Dropout Behavior in Developing Countries
Eric A. Hanushek, Victor Lavy and Kohtaro Hitomi #12737 (CS, ED, LS, PE) - The Effects of the Ageing European Population on Economic Growth and Budgets: Implications for Immigration and Other Policies
Martin S. Feldstein #12736 (LS, PE) - Global Patterns of Income and Health: Facts, Interpretations, and Policies
Angus Deaton #12735 (AG, EFG, HC) - International Reserves Management and the Current Account
Joshua Aizenman #12734 (ITI,IFM) - Evaluating Effects of Tax Preferences on Health Care Spending and Federal Revenues
John F. Cogan, R. Glenn Hubbard and Daniel P. Kessler #12733 (PE) - Taxing Sales Under the FairTax: What Rate Works?
Paul Bachman, Jonathan Haughton, Laurence J. Kotlikoff, Alfonso Sanchez-Penalver, and David G. Tuerck #12732(PE)
Week of November 20, 2006
- Pricing to Habits and the Law of One Price
Morten Ravn, Stephanie Schmitt-Grohe and Martin Uribe #12731 (EFG, IFM) - Taxing Consumption and Other Sins
James R. Hines Jr. #12730 (PE) - The Nature of Exchange Rate Regimes
Michael W. Klein and Jay C. Shambaugh #12729 (IFM) - Is Home Bias in Assets Related to Home Bias in Goods?
Eric van Wincoop and Francis E. Warnock #12728 (IFM) - What Do Trade Negotiators Negotiate About? Empirical Evidence from the World Trade Organization
Kyle Bagwell and Robert W. Staiger #12727 (ITI) - Sudden Flight and True Sudden Stops
Alexander D. Rothenberg, Francis E. Warnock #12726 (IFM) - Do Trade Policy Differences Induce Sorting? Theory and Evidence from Bangladeshi Apparel Exporters
Svetlana Demidova, Hiau Looi Kee and Kala Krishna #12725 (ITI) - Security Issue Timing: What Do Managers Know, and When Do They Know It?
Dirk Jenter, Katharina Lewellen and Jerold B. Warner #12724 (CF, AP) - The Determinants of Household Saving in China: A Dynamic Panel Analysis of Provincial Data
Charles Yuji Horioka and Junmin Wan #12723 (AG, EFG) - Innovation and Productivity across Four European Countries
Rachel Griffith, Elena Huergo, Jacques Mairesse and Bettina Peters #12722 (PR) - Trading Tasks: A Simple Theory of Offshoring
Gene M. Grossman and Esteban Rossi-Hansberg #12721 (EFG, ITI) - Coarse Thinking and Persuasion
Sendhil Mullainathan, Joshua Schwartzstein, Andrei Shleifer #12720 (AP, CF, IO) - A Comment Concerning Deposit Insurance and Moral Hazard
Gary Richardson #12719 (DAE, CF, ME) - Financial Versus Monetary Mercantilism-Long-run View of Large International Reserves Hoarding
Joshua Aizenman and Jaewoo Lee #12718 (IFM, ITI) - Bank Distress during the Great Depression: The Illiquidity-Insolvency Debate Revisited
Gary Richardson #12717 (DAE, ME) - Correspondent Clearing and the Banking Panics of the Great Depression
Gary Richardson #12716 (DAE, ME) - Quarterly Data on the Categories and Causes of Bank Distress During the Great Depresssion
Gary Richardson #12715 (DAE, ME) - Painting by Proxy: The Conceptual Artist as Manufacturer
David W. Galenson #12714 (LS, PR) - The Effect of Monetary Policy on Real Commodity Prices
Jeffrey A. Frankel #12713 (ME) - A Product-Quality View of the Linder Hypothesis
Juan Carlos Hallak #12712 (ITI)
Week of November 13, 2006
- A Stable International Monetary System Emerges: Inflation Targeting is Bretton Woods, Reversed
Andrew K. Rose #12711 (IFM, ME) - Gold Rush Fever in Business Cycles
Paul Beaudry, Fabrice Collard and Franck Portier #12710 (EFG) - Who Misvotes? The Effect of Differential Cognition Costs on Election Outcomes
Kelly Shue and Erzo F. P. Luttmer #12709 (PE, POL) - The "Great Moderation" and the US External Imbalance
Fabrizio Perri, Alessandra Fogli #12708 (EFG, IFM) - What Drives Media Slant? Evidence from U.S. Daily Newspapers
Matthew Gentzkow and Jesse M. Shapiro #12707 (IO, POL) - Contracts as Reference Points
Oliver Hart and John Moore #12706 (CF, LE, LS) - Basel II: A Contracting Perspective
Edward J. Kane #12705 (CF) - Would Protectionism Defuse Global Imbalances and Spur Economic Activity? A Scenario Analysis
Hamid Faruqee, Douglas Laxton, Dirk Muir and Paolo Pesenti #12704 (IFM, ITI) - Deflationary Shocks and Monetary Rules: an Open-Economy Scenario Analysis
Douglas Laxton, Papa N'Diaye and Paolo Pesenti#12703 (IFM, ME) - Repugnance as a Constraint on Markets
Alvin E. Roth #12702 (HC, LE) - Bequest and Tax Planning: Evidence From Estate Tax Returns
Wojciech Kopczuk #12701 (AG, PE) - Instruments of Commerce and Knowledge: Probe Microscopy, 1980-2000
Cyrus C. M. Mody #12700 (ED, LS, PR) - Pricing-to-Market, the Interest-Rate Rule, and the Exchange Rate
Maurice Obstfeld #12699 (IFM, ITI) - Capital Account Liberalization: Theory, Evidence, and Speculation
Peter Blair Henry #12698 (AP, CF, EFG, IFM, ITI, ME, POL) - Is the International Diversification Potential Diminishing? Foreign Equity Inside and Outside the US
Karen K. Lewis #12697 (AP, IFM) - Americans' Dependency on Social Security
Laurence J. Kotlikoff, Ben Marx and Pietro Rizza #12696 (AG) - The Economics of Conflicts of Interest in Financial Institutions
Hamid Mehran and Rene M. Stulz #12695 (CF) - The Evolution of Work
Markus Mobius and Raphael Schoenle #12694 (IO, lS, PR) - Educational Mismatch Among Ph.D.s: Determinants and Consequences
Keith A. Bender, John S. Heywood #12693 (ED) - International Knowledge Flows: Evidence from an Inventor-Firm Matched Data Set
Jinyoung Kim, Sangjoon John Lee and Gerald Marschke #12692 (PR, ITI) - Does Science Promote Women? Evidence from Academia 1973-2001
Donna K. Ginther and Shulamit Kahn #12691 (ED, LS) - Vector Multiplicative Error Models: Representation and Inference
Fabrizio Cipollini, Robert F. Engle, Giampiero M. Gallo #12690 (AP) - AIDS Treatment and Intrahousehold Resource Allocations: Children's Nutrition and Schooling in Kenya
Joshua S. Graff Zivin, Harsha Thirumurthy, Markus Goldstein #12689 (CH, HC, HE) - The Effect of Subjective Survival Probabilities on Retirement and Wealth in the United States
David E. Bloom, David Canning, Michael Moore and Younghwan Song #12688 (AG, HC, HE, LS, PE) - Has Globalization Changed Inflation?
Laurence M. Ball #12687 (EFG, ME)
Week of November 6, 2006
- Health Shocks, Village Elections, and Long-Term Income: Evidence from Rural China
Li Gan, Lixin Colin Xu and Yang Yao #12686 (HE, LS, PE) - The Optimal Income Taxation of Couples
Henrik Jacobsen Kleven, Claus Thustrup Kreiner and Emmanuel Saez #12685 (PE) - Optimal exchange rate regimes: Turning Mundell-Fleming's dictum on its head
Amartya Lahiri, Rajesh Singh and Carlos A. Vegh #12684 (IFM) - The Growing Allocative Inefficiency of the U.S. Higher Education Sector
James D. Adams and J. Roger Clemmons #12683 (PR) - Price Impacts of Deals and Predictability of the Exchange Rate Movements
Takatoshi Ito and Yuko Hashimoto #12682 (IFM, AP) - Health Insurance as a Two-Part Pricing Contract
Darius Lakdawalla and Neeraj Sood #12681 (HE, HC, IO) - Economic Well-Being at Older Ages: Income- and Consumption-Based Poverty Measures in the HRS
Michael D. Hurd and Susann Rohwedder #12680 (AG) - Judicial Fact Discretion
Nicola Gennaioli and Andrei Shleifer #12679 (CF, LE) - Is Terrorism Eroding Agglomeration Economies in Central Business Districts? Lessons from the Office Real Estate Market in Downtown Chicago
Alberto Abadie and Sofia Dermisi #12678 (AP, LS) - World Technology Usage Lags
Diego A. Comin, Bart Hobijn and Emilie Rovito #12677 (EFG, PR) - European Pharmaceutical Price Regulation, Firm Profitability, and R&D Spending
Joseph H. Golec and John A. Vernon #12676 (HE, LE) - Complex Ownership Structures and Corporate Valuations
Luc Laeven and Ross Levine #12675 (CF, IFM) - The SES Health Gradient on Both Sides of the Atlantic
James Banks, Michael Marmot, Zoe Oldfield, James P. Smith #12674 (AG, HE, HC) - Euros and Zeros: The Common Currency Effect on Trade in New Goods
Richard E. Baldwin and Virginia Di Nino #12673 (IFM, ITI) - Linear-Quadratic Approximation of Optimal Policy Problems
Pierpaolo Benigno and Michael Woodford #12672 (EFG, ME) - Testing Models of Low-Frequency Variability
Ulrich Mueller and Mark W. Watson #12671 (EFG, ME) - A Search-Based Theory of the On-the-Run Phenomenon
Dimitri Vayanos and Pierre-Olivier Weill #12670 (AP) - Minerva Unbound: Knowledge Stocks, Knowledge Flows and New Knowledge Production
Lynne G. Zucker, Michael R. Darby, Jonathan Furner, Robert C. Liu and Hongyan Ma #12669 (ED, PR) - A Solution to Two Paradoxes of International Capital Flows
Jiandong Ju, Shang-Jin Wei #12668 (IFM, ITI) - Do External Interventions Work? The Case of Trade Reform Conditions in IMF Supported Programs
Shang-Jin Wei and Zhiwei Zhang #12667 (IFM, ITI) - On the Origins of "A Monetary History"
Hugh Rockoff #12666 (DAE, ME, EFG) - Origins and Consequences of Child Labor Restrictions: A Macroeconomic Perspective
Matthias Doepke and Dirk Krueger #12665 (CH, ED, EFG, PE, LS) - Quality-Consistent Estimates of International Returns to Skill
Eric A. Hanushek and Lei Zhang #12664 (ED, LS) - Minimum Wages and Employment: A Review of Evidence from the New Minimum Wage Research
David Neumark and William Wascher #12663 (LS) - The Historical Origins of U.S. Exchange Market Intervention Policy
Michael D. Bordo, Owen Humpage and Anna J. Schwartz #12662 (DAE, ME, IFM) - Anticipating the Stock Market Crash of 1929: The View from the Floor of the Stock Exchange
Eugene N. White #12661 (AP, DAE) - Thin-Slice Forecasts of Gubernatorial Elections
Daniel J. Benjamin and Jesse M. Shapiro #12660 (POL)
Week of October 30, 2006
- Simplification and Saving
John Beshears, James J. Choi, David Laibson and Brigitte C. Madrian #12659 (AG, LS, PE) - Asset Pricing Models with Conditional Betas and Alphas: The Effects of Data Snooping and Spurious Regression
Wayne E. Ferson, Sergei Sarkissian and Timothy Simin #12658 (AP) - Was the Wealth of Nations Determined in 1000 B.C.?
Diego Comin, William Easterly and Erick Gong #12657 (DAE, EFG, PR) - Bankruptcy and Collateral in Debt Constrained Markets
Timothy J. Kehoe and David K. Levine #12656 (CF, EFG) - Is the Eldest Son Different? The Residential Choice of Siblings in Japan
Midori Wakabayashi and Charles Y. Horioka #12655 (AG, CH) - Inflation Implications of Rising Government Debt
Chryssi Giannitsarou and Andrew Scott #12654 (IFM, ME, PE) - Political Competitiveness
Casey B. Mulligan and Kevin K. Tsui #12653 (IO, PE, POL) - The Effects of Education Quality on Income Growth and Mortality Decline
Eliot A. Jamison, Dean T. Jamison and Eric A. Hanushek #12652 (CH, ED, EFG, ITI, LS) - School Quality and the Black-White Achievement Gap
Eric A. Hanushek and Steven G. Rivkin #12651 (CH, ED, HE, LS ,PE) - Long Term Risk: An Operator Approach
Lars Peter Hansen and Jose Scheinkman #12650 (AP) - Why do firms hold so much cash? A tax-based explanation
C. Fritz Foley, Jay C. Hartzell, Sheridan Titman and Garry Twite #12649 (CF, ITI, PE) - Learning and Disagreement in an Uncertain World
Daron Acemoglu, Victor Chernozhukov and Muhamet Yildiz #12648 (AP, EFG) - Two Flaws In Business Cycle Accounting
Lawrence J. Christiano and Joshua M. Davis #12647 (EFG) - Product Differentiation and Film Programming Choice: Do First-Run Movie Theatres Show the Same Films?
Darlene C. Chisholm, Margaret S. McMillan and George Norman #12646 (IO)
Week of October 23, 2006
- The Economics of Earnings Manipulation and Managerial Compensation
Keith J. Crocker and Joel Slemrod #12645 (CF, LS) - Devaluation with Contract Redenomination in Argentina
Charles Calomiris #12644 (CF, IFM, ME) - Cost-Offsets of New Medications for Treatment of Schizophrenia
Richard G. Frank, Thomas G. McGuire and Sharon-Lise Normand #12643 (HC) - Welfare Reform and Indirect Impacts on Health
Marianne Bitler and Hilary W. Hoynes #12642 (HE, HC, PE) - Crime and Punishment in the "American Dream"
Rafael Di Tella and Juan Dubra #12641 (LS, PE) - University Patenting: Estimating the Diminishing Breadth of Knowledge Diffusion and Consumption
Carlos Rosell and Ajay Agrawal #12640 (PR) - Cash-on-Hand and Competing Models of Intertemporal Behavior: New Evidence from the Labor Market
David Card, Raj Chetty, and Andrea Weber #12639 (AG, EFG, LS, PE) - Revealing the Secrets of the Temple: The Value of Publishing Central Bank Interest Rate Projections
Glenn D. Rudebusch and John C. Williams #12638 (AP) - A New Framework for Analyzing and Managing Macrofinancial Risks of an Economy
Dale F. Gray, Robert C. Merton and Zvi Bodie #12637 (EFG,IFM, ME) - When Bioterrorism Was No Big Deal
Patricia E. Beeson and Werner Troesken #12636 (DAE, HC) - Tacit Collusion in the Presence of Cyclical Demand and Endogenous Capacity Levels
Christopher R. Knittel and Jason J. Lepore #12635 (IO) - The Irrelevance of Market Incompleteness for the Price of Aggregate Risk
Dirk Krueger and Hanno Lustig #12634 (AP, EFG) - Illiquid Assets and Optimal Portfolio Choice
Eduardo S. Schwartz and Claudio Tebaldi #12633 (AP) - Does Television Cause Autism?
Michael Waldman, Sean Nicholson and Nodir Adilov #12632 (CH, HC) - The Impact of Incentives on Human Behavior: Can We Make It Disappear? The Case of the Death Penalty
Naci H. Mocan and R. Kaj Gittings #12631 (HE) - On the Heterogeneity of Dowry Motives
Raj Arunachalam and Trevon D. Logan #12630 (CH, LS) - Real Business Cycles in Emerging Countries?
Javier Garcia-Cicco, Roberto Pancrazi and Martin Uribe #12629 (EFG, IFM) - Cramming: The Effects of School Accountability on College-Bound Students
Colleen Donovan, David N. Figlio and Mark Rush #12628 (CH, ED) - Individual Teacher Incentives And Student Performance
David N. Figlio and Lawrence Kenny #12627 (CH, ED) - The Performance of Reverse Leveraged Buyouts
Jerry Cao and Josh Lerner #12598 (CF)
Week of October 16, 2006
- On the Existence and Efficiency of Equilibria Under Liability Rules
Ram Singh #12625 (LE) - Welfare Reform and Family Expenditures: How are Single Mothers Adapting to the New Welfare and Work Regime?
Neeraj Kaushal, Qin Gao and Jane Waldfogel #12624 (CH, PE) - Tradeoffs from Integrating Diagnosis and Treatment in Markets for Health Care
Christopher C. Afendulis and Daniel P. Kessler #12623 (HC) - Relationship Banking and the Pricing of Financial Services
Charles Calomiris and Thanavut Pornrojnangkool #12622 (CF, IO, LE) - Demographic Change, Social Security Systems, and Savings
David E. Bloom, David Canning, Rick Mansfield and Michael Moore #12621 (AP, EFG, LS, PE) - External Imbalances in an Advanced, Commodity-Exporting Country: The Case of New Zealand
Sebastian Edwards #12620 (IFM) - An Instrumental Variable Evaluation of Antidepressant Use on Employment Among HIV-Infected Women Using Highly-Active Antiretroviral Therapy in the United States: 1996-2004
Omar Galarraga, David S. Salkever, Judith A. Cook and Stephen J. Gange #12619 (LS, HC, HE) - Reservation Wages and Unemployment Insurance
Robert Shimer and Ivan Werning #12618 (EFG, PE, LS) - Regulation – the Corridor to Liberalization: The Experience of the Israeli Phone Market 1984-2005
Reuben Gronau #12617 (IO) - A Simple Test of the Effect of Interest Rate Defense
Allan Drazen and Stefan Hubrich #12616 (DAE, IFM) - Time Preference, Time Discounting, and Smoking Decisions
Ahmed Khwaja, Dan Silverman and Frank Sloan #12615 (HE) - Bubbles and Self-Enforcing Debt
Christian Hellwig and Guido Lorenzoni #12614 (AP, EFG, IFM) - British Colonial Institutions and Economic Development in India
Shilpi Kapur and Sukkoo Kim #12613 (DAE, CF) - Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market
Atif Mian and Asim Ijaz Khwaja #12612 (CF, IFM, ME) - Evaluating the Economic Significance of Downward Nominal Wage Rigidity
Michael W. Elsby #12611 (LS, ME, EFG) - Lost Decades: Lessons from Post-Independence Latin America for Today's Africa
Robert H. Bates, John H. Coatsworth and Jeffrey G. Williamson #12610 (EFG, POL) - Equilibrium Yield Curves
Monika Piazzesi and Martin Schneider #12609 (AP, EFG, ME) - Methodological Issues in the Evaluation of Parental Involvement Laws: Evidence from Texas
Silvie Colman, Theodore J. Joyce and Robert Kaestner #12608 (HE) - Further Tests of Abortion and Crime: A Response to Donohue and Levitt (2001,2004, 2006)
Theodore J. Joyce #12607 (HE, LE) - The Conquest of South American Inflation
Thomas Sargent, Noah Williams and Tao Zha #12606 (EFG, ME) - Sticky Information in General Equilibrium
N. Gregory Mankiw and Ricardo Reis #12605 (EFG, ME) - Strategic Incompatibility in ATM Markets
Christopher R. Knittel and Victor Stango #12604 (IO, LE) - Lead Pipes and Child Mortality
Karen Clay, Werner Troesken and Michael Haines #12603 (CH, DAE, HE) - Trade Costs in the First Wave of Globalization
David S. Jacks, Christopher M. Meissner and Dennis Novy #12602 (DAE) - The Causes and Consequences of Land Use Regulation: Evidence from Greater Boston
Edward L. Glaeser and Bryce A. Ward #12601 (EFG, PE) - Progressive Estate Taxation
Emmanuel Farhi and Ivan Werning #12600 (EFG, PE) - You Cannot be Serious: The Conceptual Innovator as Trickster
David Galenson #12599 (LS) - The Assignment of Property Rights on the Western Frontier: Lessons for Contemporary Environmental and Resource Policy
Gary D. Libecap #12598 (DAE) - Defined Contribution Plans, Defined Benefit Plans, and the Accumulation of Retirement Wealth
James Poterba, Joshua Rauh, Steven Venti, and David Wise #12597 (AG, CF, LS, PE) - Professor Qualities and Student Achievement
Florian Hoffmann and Philip Oreopoulos #12596 (CH, ED) - What Drove First Year Premiums in Stand-Alone Medicare Drug Plans?
Kosali I. Simon and Claudio Lucarelli #12595 (AG, HC, HE) - Deposit Insurance and the Composition of Bank Suspensions in Developing Economies: Lessons from the State Deposit Insurance Experiments of the 1920S
Ching-Yi Chung and Gary Richardson #12594 (DAE, ME) - David Laidler on Monetarism
Michael Bordo and Anna J. Schwartz #12593 (ME) - Skill vs. Luck in Entrepreneurship and Venture Capital: Evidence from Serial Entrepreneurs
Paul Gompers, Anna Kovner, Josh Lerner, and David Scharfstein #12592 (CF) - Monetary Intervention Mitigated Banking Panics During the Great Depression: Quasi-Experimental Evidence from the Federal Reserve District Border in Mississippi, 1929 to 1933
Gary Richardson #12591 (DAE, ITI) - Bank Distress During the Great Contraction, 1929 to 1933, New Data from the Archives of the Board of Governors
Gary Richardson #12590 (DAE, ME)
Week of October 9, 2006
- Cross-border Listings, Capital Controls, and Equity Flows To Emerging Markets
Hali J. Edison and Francis E. Warnock #12589 (IFM) - Optimal Inequality/Optimal Incentives: Evidence from a Tournament
Richard B. Freeman and Alexander M. Gelber #12588 (LS, POL) - Volatility in International Financial Market Issuance: The Role of the Financial Center
Marco Cipriani and Graciela L. Kaminsky #12587 (IFM) - Fiscal Policy and Macroeconomic Uncertainty in Developing Countries: The Tale of the Tormented Insurer
Enrique G. Mendoza and P. Marcelo Oviedo #12586 (IFM) - Baby Boomer Retirement Security: the Roles of Planning, Financial Literacy, and Housing Wealth
Annamaria Lusardi and Olivia S. Mitchell #12585 (AG) - Shooting the Auctioneer
Roger E. A. Farmer and Andrew Hollenhorst #12584 (EFG) - When Knowledge is an Asset: Explaining the Organizational Structure of Large Law Firms
James B. Rebitzer and Lowell J. Taylor #12553 (IO, LS) - National Survey Evidence on Disasters and Relief: Risk Beliefs, Self-Interest, and Compassion
W. Kip Viscusi and Richard J. Zeckhauser #12582 (LE) - Technology and Labor Regulations
Alberto Alesina and Joseph Zeira #12581 (EFG, LS, ME) - Losing our Marbles in the New Century? The Great Rebalancing in Historical Perspective
Christopher M. Meissner and Alan M. Taylor #12580 (DAE, IFM, ITI) - Testing the Theory of Trade Policy: Evidence from the Abrupt End of the Multifibre Arrangement
James Harrigan and Geoffrey Barrows #12579 (ITI) - Optimal Liability for Terrorism
Darius Lakdawalla and Eric Talley #12578 (LE) - Intellectual Property and Marketing
Darius Lakdawalla, Tomas Philipson and Y. Richard Wang #12577 (AG, HC, HE) - Commercial Policy in a Predatory World
James E. Anderson #12576 (DAE, ITI) - How to Advance Theory with Structural VARs: Use the Sims-Cogley-Nason Approach
Patrick J. Kehoe #12575 (EFG, IFM, ME)
Week of October 2, 2006
- Understanding Instrumental Variables in Models with Essential Heterogeneity
James J. Heckman, Sergio Urzua, and Edward J. Vytlacil #12574 (DAE, LS, POL, PE) - The Control of Politicians in Divided Societies: The Politics of Fear
Gerard Padro i Miquel #12573 (POL) - American Indian Mortality in the Late Nineteenth Century: The Impact of Federal Assimilation Policies on a Vulnerable Population
J. David Hacker and Michael R. Haines #12572 (DAE) - The Puzzle of the Antebellum Fertility Decline in the United States: New Evidence and Reconsideration
Michael R. Haines and J. David Hacker #12571 (DAE) - Behavioral Theories of the Business Cycle
Nir Jaimovich and Sergio Rebelo #12570 (EFG) - Inheritance and Saving
David Joulfaian #12569 (EFG, PE) - Federal Tax Policy Towards Energy
Gilbert E. Metcalf #12568 (PE) - Trade, Growth, and Convergence in a Dynamic Heckscher-Ohlin Model
Claustre Bajona and Timothy J. Kehoe #12567 (EFG) - Demographics in Dynamic Heckscher-Ohlin Models: Overlapping Generations Versus Infinitely Lived Consumers
Claustre Bajona and Timothy J. Kehoe #12566 (EFG, ITI) - Understanding South Africa's Economic Puzzles
Dani Rodrik #12565 (EFG, ITI) - Endogenous Sudden Stops in a Business Cycle Model with Collateral Constraints:A Fisherian Deflation of Tobin's Q
Enrique G. Mendozai #12564 (EFG, IFM) - Entry, Exit and Patenting in the Software Industry
Iain M. Cockburn and Megan J. MacGarvie #12563 (IO, PR) - Valuing New Goods in a Model with Complementarities: Online Newspapers
Matthew Gentzkow #12562 (IO) - Do Television and Radio Destroy Social Capital? Evidence from Indonesian Villages
Benjamin A. Olken #12561 (LS, POL) - International Capital Flows and U.S. Interest Rates
Francis E. Warnock and Veronica Cacdac Warnock #12560 (IFM, ME) - Labor Market Shocks and Retirement: Do Government Programs Matter?
Courtney C. Coile and Phillip B. Levine #12559 (AG, LS) - The Evolution of Income Concentration in Japan, 1886-2002: Evidence from Income Tax Statistics
Chiaki Moriguchi and Emmanuel Saez #12558 (LS, PE) - Aggregate Shocks or Aggregate Information? Costly Information and Business Cycle Comovement
Laura Veldkamp and Justin Wolfers #12557 (AP, EFG, ME) - Does How Much and How You Pay Matter? Evidence from the Inpatient Rehabilitation Care Prospective Payment System
Neeraj Sood, Melinda Beeuwkes Buntin, and Jose J. Escarce #12556 (HC, HE) - Financially Constrained Stock Returns
Dmitry Livdan, Horacio Sapriza, and Lu Zhang #12555 (AP, CF, EFG) - Differential Mortality, Uncertain Medical Expenses, and the Saving of Elderly Singles
Mariacristina De Nardi, Eric French, and John Bailey Jones #12554 (AG, HE, PE) - Inequality and Schooling Responses to Globalization Forces: Lessons from History
Jeffrey G. Williamson #12553 (DAE, ED, LS, POL, ITI) - Local Currency Bond Markets
John D. Burger and Francis E. Warnock #12552 (IFM) - Are Currency Appreciations Contractionary in China?
Jianhuai Shi #12551 (IFM) - Wealth Inequality: Data and Models
Marco Cagetti and Mariacristina De Nardi #12550 (PE) - Poverty Traps, Distance, and Diversity: The Migration Connectiony
Jeffrey G. Williamson #12549 (DAE, EFG, LS) - Foreign Participation in Local Currency Bond Markets
John D. Burger and Francis E. Warnock #12548 (IFM) - Pass Through of Exchange Rates to Consumption Prices: What has Changed and Why?
Jose Manuel Campa and Linda S. Goldberg #12547 (IFM, ITI) - Colonialism and Modern Income -- Islands as Natural Experiments
James Feyrer and Bruce Sacerdote #12546 (DAE, EFG) - Multilateralising Regionalism: Spaghetti Bowls as Building Blocs on the Path to Global Free Trade
Richard Baldwin #12545 (IFM, ITI)
Week September 25, 2006
- Non-response in the American Time Use Survey: Who Is Missing from the Data and How Much Does It Matter?
Katharine G. Abraham, Aaron Maitland and Suzanne M. Bianchi #t0328 (TWP) - Robust Inference with Multi-way Clustering
A. Colin Cameron, Jonah B. Gelbach, and Douglas L. Miller #t0327 (TWP) - Growth, Reform Indicators and Policy Complementaries
Jorge Braga de Macedo and Joaquim Oliveira Martins #12544 (PR) - International Trade and Finance under the Two Hegemons: Complementaries in the United Kingdom 1870-1913 and the United States 1920-30
Alan M. Taylor and Janine L. F. Wilson #12543 (IFM, ITI) - Measuring the Macroeconomic Risks Posed by Asset Price Booms
Stephen G. Cecchetti #12542 (ME) - Is A Great Labor Shortage Coming? Replacement Demand in the Global Economy
Richard B. Freeman #12541 (LS) - Indeterminacy in a Forward Looking Regime Switching Model
Roger E. A. Farmer, Daniel F. Waggoner, and Tao Zha #12540 (EFG) - Importation and Innovation
Frank R. Lichtenberg #12539 (EFG, HC, ITI, PR) - Why Has House Price Dispersion Gone Up?
Stijn Van Nieuwerburgh and Pierre-Olivier Weill #12538 (AP, EFG, PE) - Can News About the Future Drive the Business Cycle?
Nir Jaimovich,and Sergio Rebelo #12537 (EFG)
Week September 18, 2006
- Medicaid Crowd-Out of Private Long-Term Care Insurance Demand: Evidence from the Health and Retirement Survey
Jeffrey R. Brown, Norma B. Coe and Amy Finkelstein #12536 (AG, HC, PE) - A Comment on The Role of Prices for Excludable Public Goods
Gilbert E. Metcalf and Jongsang Park #12535 (PE) - Why Do U.S. Firms Hold So Much More Cash Than They Used To?
Thomas W. Bates, Kathleen M. Kahle and Rene M. Stulz #12534 (CF) - Comparing Average and Marginal Tax Rates Under the FairTax and the Current System of Federal Taxation
Laurence J. Kotlikoff and David Rapson #12533 (AG, PE) - Do State Expenditures on Tobacco Control Programs Decrease Use of Tobacco Products Among College Students?
Christina Czart Ciecierski, Pinka Chatterji, Frank J. Chaloupka and Henry Wechsler #12532 (HE) - Explaining Import Variety and Quality: The Role of the Income Distribution
Yo Chul Choi, David Hummels and Chong Xiang #12531 (ITI) - Evidence of a Shift in the Short-Run Price Elasticity of Gasoline Demand
Jonathan E. Hughes, Christopher R. Knittel and Daniel Sperling #12530 (IO) - High School Alcohol Use and Young Adult Labor Market Outcomes
Pinka Chatterji and Jeff DeSimone #12529 (HE) - Do Female Physicians Capture Their Scarcity Value? The Case of OB/GYNs
Jessica Wolpaw Reyes #12528 (HC, HE, LS) - The Effectiveness of Cigarette Regulations in Reducing Cases of Sudden Infant Death Syndrome
Sara Markowitz #12527 (CH, HE) - What Has Mattered to Economics Since 1970
E. Han Kim, Adair Morse and Luigi Zingales #12526 (EFG, IO, ITI, PE, POL, PR) - The Corporate Governance Role of the Media: Evidence from Russia
Alexander Dyck, Natalya Volchkova and Luigi Zingales #12525 (CF) - Customer Risk from Real-Time Retail Electricity Pricing: Bill Volatility and Hedgability
Severin Borenstein #12524 (AP, IO) - Climbing Atop the Shoulders of Giants: The Impact of Institutions on Cumulative Research
Jeffrey L. Furman and Scott Stern #12523 (PR) - How Does Foreign Direct Investment Promote Economic Growth?
Laura Alfaro, Areendam Chanda, Sebnem Salemli-Ozcan and Selin Sayek #12522 (IFM, ITI, PR) - Endogenous Skill Bias in Technology Adoption: City-Level Evidence From the IT Revolution
Paul Beaudry, Mark Doms and Ethan Lewis #12521 (EFG, LS, PR)
Week of September 11, 2006
- Creative Destruction in Industries
Boyan Jovanovic and Chung-Yi Tse #12520 (EFG, PR) - Evaluating the Effectiveness of Child Safety Seats and Seat Belts in Protecting Children from Injury
Joseph J. Doyle, Jr. and Steven D. Levitt #12519 (CH, HE, LE, PE) - Immigration and African-American Employment Opportunities: The Response of Wages, Employment, and Incarceration to Labor Supply Shocks
George J. Borjas, Jeffrey Grogger and Gordon H. Hanson #12518 (ITI, LS) - Land and Power: Theory and Evidence from Chile
Jean-Marie Baland and James A. Robinson #12517 (DAE, POL) - Gravity for Dummies and Dummies for Gravity Equations
Richard Baldwin and Daria Taglioni #12516 (IFM, ITI) - Monetary Policy Strategy: How Did We Get Here?
Frederic S. Mishkin #12515 (EFG, ME) - Temporary Investment Tax Incentives: Theory with Evidence from Bonus Depreciation
Christopher L. House and Matthew D. Shapiro #12514 (EFG, ME, PE) - Linear Approximations and Tests of Conditional Pricing Models
Michael W. Brandt and David A. Chapman #12513 (AP) - From Groundnuts to Globalization: A Structural Estimate of Trade and Growth
Christian Broda, Joshua Greenfield and David E. Weinstein #12512 (ITI) - The Health Effects of Medicate for the Near-Elderly Uninsured
Daniel Polsky, Jalpa A. Doshi, Jose Escarce, Willard Manning, Susan M. Paddock, Liyi Cen and Jeannette Rogowski #12511 (AG, HC, PE) - Contingent Valuation Analysis of Willingness to Pay to Reduce Childhood Obesity
John Cawley #12510 (HC, HE) - Public & Private Spillovers, Location and the Productivity of Pharmaceutical Research
Jeffrey L. Furman, Margaret K. Jyle and Iain Cockburn #12509 (IO, PR) - Peers at Work
Alexandre Mas and Enrico Moretti #12508 (LS) - An Experimental Test of Criminal Behavior Among Juveniles and Young Adults
Michael S. Visser, William T. Harbaugh and Naci Mocan #12507 (CH, PE) - Willingness to Pay for Drug Rehabilitation: Implications for Cost Recovery
David Bishai and Jody Sindelar #12506 (HE) - A New Framework for the Analysis of Inequality
Flavio Cunha and James Heckman #12505 (DAE, IFM LS)
Week of September 4, 2006
- The Effect of State Community Rating Regulations on Premiums and Coverage in the Individual Health Insurance Market
Bradley Herring and Mark V. Pauly #12504 (HC, HE) - Rules Rather Than Discretion: Lessons From Hurricane Katrina
Howard Kunreuther and Mark Pauly #12503 (PE) - The Tradeoff between Mortgage Prepayments and Tax-Deferred Retirement Savings
Gene Amromin, Jennifer Huang and Clemens Sialm #12502 (AG, AP, PE) - The Cost of Banking Regulation
Luigi Guiso, Paola Sapienza and Luigi Zingales #12501 (ME, IO) - Look at Me Now: What Attracts U.S. Shareholders?
John Ammer, Sara B. Holland, David C. Smith and Francis E. Warnock #12500 (AP, CF, IFM) - A Conceptual World: Why the Art of the Twentieth Century is So Different from the Art of All Earlier Centuries
David W. Galenson #12499 (LS) - Unemployment Fluctuations with Staggered Nash Wage Bargaining
Mark Gertler and Antonella Trigari #12498 (EFG, LS, ME) - Rethinking the Effects of Immigration on Wages
Gianmarco I.P. Ottaviano and Giovanni Peri #12497 (ITI, LS) - The Forward Market in Emerging Currencies: Less Biased than in Major Currencies
Jeffrey Frankel and Jumana Poonawala #12496 (IFM) - The International Role of the Dollar and Trade Balance Adjustment
Linda Goldberg and Cédric Tille #12495 (IFM, ITI) - Exploring Gender Differences in Employment and Wage Trends Among Less-Skilled Workers
Rebecca M. Blank and Heidi Shierholz #12494 (LS) - Transfer Pricing by U.S.-Based Multinational Firms
Andrew B. Bernard, J. Bradford Jensen and Peter K. Schott #12493 (IO, ITI, PE) - Changes in the Federal Reserve's Inflation Target: Causes and Consequences
Peter N. Ireland #12492 (ME) - Swiss Exchange Rate Policy in the 1930s. Was the Delay in Devaluation Too High a Price to Pay for Conservatism?
Michael Bordo, Thomas Helbling and Harold James #12491 (ME, DAE, IFM) - How Corruption Hits People When They Are Down
Jennifer Hunt #12490 (LE, LS, PE) - The Returns to Currency Speculation
Craig Burnside, Martin Eichenbaum, Isaac Kleshchelski, and Sergio Rebelo #12489 (EFG, IFM, AP)
Week of August 28, 2006
- Quantifying Equilibrium Network Externalities in the ACH Banking Industry
Daniel A. Ackerberg and Gautam Gowrisankaran #12488 (PR) - The Equity Premium Implied by Production
Urban J. Jermann #12487 (AP) - Irreversible Investment, Real Options, and Competition: Evidence from Real Estate Development
Laarni Bulan, Christopher Mayer and C. Tsuriel Somerville #12486 (CF, EFG) - The Consequences of Teenage Childbearing
Adam Ashcraft and Kevin Lang #12485 (HC, LS) - Financial Globalization: A Reappraisal
M. Ayhan Kose, Eswar Prasad, Kenneth Rogoff and Shang-Jin Wei #12484 (IFM) - Productivity, External Balance and Exchange Rates: Evidence on the Transmission Mechanism Among G7 Countries
Giancarlo Corsetti, Luca Dedola and Sylvain LeDuc #12483 (IFM) - Globalization and Risk Sharing
Fernando A. Broner and Jaume Ventura #12482 (IFM) - Conventional and Unconventional Approaches to Exchange Rate Modeling and Assessment
Ron Alquist and Menzie D. Chinn #12481 (IFM) - Welfare Reform, Work Requirements, and Employment Barriers
Ellen Meara and Richard G. Frank #12480 (HC, LS) - The "Names Game": Harnessing Inventors' Patent Data for Economic Research
Manuel Trajtenberg, Gil Shiff and Ran Melamed #12479 (PR) - First Do No Harm? Tort Reform and Birth Outcomes
Janet Currie and W. Bentley Macleod #12478 (CH, HC, LE) - A Theory of Demand Shocks
Guido Lorenzoni #12477 (EFG) - Modern Macroeconomics in Practice: How Theory is Shaping Policy
Varadarajan V. Chari and Patrick J. Kehoe #12476 (EFG, ME) - Capital Deepening and Non-Balanced Economic Growth
Daron Acemoglu and Veronica Guerrieri #12475 (EFG) - Competition, Innovation and Growth with Limited Commitment
Ramon Marimon and Vincenzo Quadrini #12474 (EFG) - Understanding International Portfolio Diversification and Turnover Rates
Amir A. Amadi and Paul R. Bergin #12473 (IFM) - Smoke Signals: Adolescent Smoking and School Continuation
Philip J. Cook and Rebecca Hutchinson #12472 (CH, ED, HE) - Should Sixth Grade be in Elementary or Middle School? An Analysis of Grade Configuration and Student Behavior
Philip J. Cook, Robert MacCoun, Clara Muschkin and Jacob Vigdor #12471 (CH, ED, PE) - Optimal Monetary Policy with Collateralized Household Debt and Borrowing Constraints
Tommaso Monacelli #12470 (AP, ME)
Week of August 21, 2006
- Approximately Normal Tests for Equal Predictive Accuracy in Nested Models
Todd E. Clark and Kenneth D. West #T326 (TWP) - Learning-by-Producing and the Geographic Links Between Invention and Production: Experience From the Second Industrial Revolution
Dhanoos Sutthiphisal #12469 (DAE, PR) - Fraternity Membership and Binge Drinking
Jeff DeSimone #12468 (HE) - Consumption Commitments and Risk Preferences
Raj Chetty and Adam Szeidl #12467 (AP, EFG, LS, PE) - Stature and Status: Height, Ability, and Labor Market Outcomes
Anne Case and Christina Paxson #12466 (AG, CH, HC, HE, LS) - How Has CEO Turnover Changed? Increasingly Performance Sensitive Boards and Increasingly Uneasy CEOs
Steven N. Kaplan and Bernadette A. Minton #12465 (CF)
- The Return to English in a Non-English Speaking Country: Russian Immigrants and Native Israelis in Israel
Kevin Lang and Erez Siniver #12464 (LS) - Why Have Corporate Tax Revenues Declined? Another Look
Alan J. Auerbach #12463 (PE) - The y-Theory of Investment
Thomas Philippon #12462 (EFG) - Benchmarking Money Manager Performance: Issues and Evidence
Louis K.C. Chan, Stephen G. Dimmock and Josef Lakonishok #12461 (AP) - Euro-Productivity and Euro-Jobs Since the 1960s: Which Institutions Really Mattered?
Gayle J. Allard and Peter H. Lindert #12460 (DAE, PR) - Science and Industry: Tracing the Flow of Basic Research Through Manufacturing and Trade
James D. Adams and J. Roger Clemmons #12459 (PR) - Youth Smoking, Cigarette Prices, and Anti-Smoking Sentiment
Philip DeCicca, Donald Kenkel, Alan Mathios, Yoon-Jeong Shin and Jae-Young Lim #12458 (CH, HE) - Openness and Industrial Response in a Wal-Mart World: A Case Study of Mexican Soaps, Detergents and Surfactant Producers
Beata Smarzynska Javorcik, Wolfgang Keller and James Tybout #12457 (IO, ITI, PR) - Stochastic Components of Individual Consumption: A Time Series Analysis of Grouped Data
Orazio P. Attanasio and Margherita Borella #12456 (EFG) - Contractual Tradeoffs and SMEs' Choice of Organizational Form: A View From U.S. and French History, 1830-2000
Naomi R. Lamoreaux and Jean-Laurent Rosenthal #12455 (CF, DAE) - Can Central Banks Target Bond Prices?
Kenneth N. Kuttner #12454 (ME) - On the Consequences of Demographic Change for Rates of Returns to Capital, and the Distribution of Wealth and Welfare
Dirk Krueger and Alexander Ludwig #12453 (EFG, PE) - Myopia and the Effects of Social Security and Capital Taxation on Labor Supply
Louis Kaplow #12452 (LS, PE) - Insurance Underwriter or Financial Development Fund: What Role for Reserve Pooling in Latin America?
Barry Eichengreen #12451 (IFM) - Democracy and Globalization
Barry Eichengreen and David Leblang #12450 (DAE, IFM) - Reflections on U.S. Disaster Insurance Policy for the 21st Century
Howard Kunreuther #12449 (PE) - Electoral Uncertainty and the Volatility of International Capital Flows
Roberto Chang #12448 (IFM, POL) - Employer Matching and 401(k) Saving: Evidence From the Health and Retirement Study
Gary V. Engelhardt and Anil Kumar #12447 (PE) - Goals and Plans in Protective Decision Making
David H. Krantz and Howard C. Kunreuther #12446 (PE) - Moral Hazard, Adverse Selection and Health Expenditures: A Semiparametric Analysis
Patrick Bajari, Han Hong, Ahmed Khwaja #12445 (IO, HC, PE) - Financial Innovation for an Aging World
Olivia S. Mitchell, John Piggott, Michael Sherris and Shaun Yow #12444 (AG, LS, PE) - The Welfare Consequences of ATM Surcharges: Evidence From a Structural Entry Model
Gautam Gowrisankaran and John Krainer #12443 (IO, PR) - Expectations, Asset Prices, and Monetary Policy: The Role of Learning
Simon Gilchrist and Masashi Saito #12442 (ME) - E-Stability vis-a-vis Determinacy Results for a Broad Class of Linear Rational Expectations Models
Bennett T. McCallum #12441 (EFG, ME) - Schooling Externalities, Technology and Productivity: Theory and Evidence from U.S. States
Susana Iranzo and Giovanni Peri #12440 (ITI, LS, PR) - Home and Regional Biases and Border Effects in Armington Type Models
John Whalley and Xian Xin #12439 (ITI) - Regulatory Exploitation and the Market for Corporate Control
Leemore Dafny and David Dranove #12438 (CF, HC) - How Do Youth With Mental Disorders Fare in the Juvenile System?
Alison Evans Cuellar and Pinka Chatterji #12437 (HE) - The Growth in the Social Security Disability Rolls: A Fiscal Crisis Unfolding
David Autor and Mark Duggan #12436 (AG, HE, LS, PE) - Reaching for the Stars: Who Pays For Talent in Innovative Industries?
Frederik Andersson, Matthew Freedman, John Haltiwanger, Julia Lane and Kathryn Shaw #12435 (EFG, LS, PR) - The Equity Premium in India
Rajnish Mehra #12434 (AP, EFG, IFM) - Recursive Competitive Equilibrium
Rajnish Mehra #12433 (AP, EFG, IFM) - On the Determinants of Exporters' Currency Pricing: History vs. Expectations
Shin-ichi Fukuda and Masanori Ono #12432 (IFM, ITI) - The Direct Substitution Between Government and Private Consumption in East Asia
Yum K. Kwan #12431 (PE) - Employment and Adverse Selection in Health Insurance
Jayanta Bhattacharya and William B. Vogt #12430 (HC, LS)
Week of August 14, 2006
- Health Insurance Enrollment Decisions: Preferences for Coverage, Worker Sorting, and Insurance Take Up
Alan C. Monheit and Jessica Primoff Vistnes #12429 (HC) - Corruption Perceptions vs. Corruption Reality
Benjamin A. Olken #12428 (PE, POL) - Policy Options for Financing the Future Health and Long-Term Care Costs in Japan
Tadashi Fukui and Yasushi Iwamoto #12427 (AG, PE) - Reflections on One Year at the Bank of Israel
Stanley Fischer #12426 (IFM, ME) - Evaluating Wireless Carrier Consolidation Using Semiparametric Demand Estimation
Patrick Bajari, Jeremy T. Fox and Stephen Ryan #12425 (IO) - Cohort Crowding: How Resources Affect Collegiate Attainment
John Bound and Sarah Turner #12424 (ED, LS) - Parallel Imports and Price Controls
Gene M. Grossman and Edwin C.-L. Lai #12423 (ITI, POL) - Cross-Border Acquisitions and Target Firms' Performance: Evidence From Japanese Firm-Level Data
Kyoji Fukao, Keiko Ito, Hyeog Ug Kwon and Miho Takizawa #12422 (IO) - The Consumption-Tightness Puzzle
Morten O. Ravn #12421 (EFG) - Noisy Macroeconomic Announcements, Monetary Policy, and Asset Prices
Roberto Rigobon and Brian Sack #12420 (AP, IFM, ME)
Week of August 7, 2006
- Optimal Taxation of Entrepreneurial Capital with Private Information
Stefania Albanesi #12419 (EFG, PE) - When Knowledge is not Enough: HIV/AIDS Information and Risky Behavior in Botswana
Taryn Dinkelman, James Levinsohn and Rolang Majelantle #12418 (HE) - The Effect of Anticipated Tax Changes on Intertemporal Labor Supply and the Realization of Taxable Income
Adam Looney and Monica Singhal #12417 (LS, PE) - Military Positions and Post-Service Occupational Mobility of Union Army Veterans, 1861-1880
Chulhee Lee #12416 (DAE, LS) - Cyclical Wages in a Search-and-Bargaining Model With Large Firms
Julio J. Rotemberg #12415 (EFG) - What Determines Immigration's Impact? Comparing Two Global Centuries
Timothy J. Hatton and Jeffrey G. Williamson #12414 (DAE, IFM, LS) - Intra-Day Seasonality in Activities of the Foreign Exchange Markets: Evidence From the Electronic Broking System
Takatoshi Ito and Yuko Hashimoto #12413 (IFM) - Intertemporal Consumption Choices, Transaction Costs and Limited Participation to Financial Markets: Reconciling Data and Theory
Orazio P. Attanasio and Monica Paiella #12412 (EFG) - Skill Acquisition, Credit Constraints, and Trade
Tatyana Chesnokova and Kala Krishna #12411 (ITI) - The Church vs the Mall: What Happens When Religion Faces Increased Secular Competition?
Jonathan Gruber and Daniel M. Hungerman #12410 (LE, PE) - Is Crime Contagious?
Jens Ludwig and Jeffrey R. Kling #12409 (CH, LE, PE) - Bond Markets as Conduits for Capital Flows: How Does Asia Compare?
Barry Eichengreen and Pipat Luengnaruemitchai #12408 (IFM) - Signaling Credibility – Choosing Optimal Debt and International Reserves
Joshua Aizenman and Jorge Fernández-Ruiz #12407 (IFM) - The Impact of Increased Utilization of HIV Drugs on Longevity and Medical Expenditures: An Assessment Based on Aggregate U.S. Time-Series Data
Frank R. Lichtenberg #12406 (HC, PR) - Endogenous Monetary Policy Regime Change
Troy Davig and Eric M. Leeper #12405 (EFG, ME) - How Progressive is the U.S. Federal Tax System? A Historical and International Perspective
Thomas Piketty and Emmanuel Saez #12404 (PE) - Two Paths to Abstract Art: Kandinsky and Malevich
David W. Galenson #12403 (LS) - Optimal Simple and Implementable Monetary and Fiscal Rules: Expanded Version
Stephanie Schmitt-Grohé and Martín Uribe #12402 (EFG) - The Chilean Pension Reform Turns 25: Lessons From the Social Protection Survey
Alberto Arenas de Mesa, David Bravo, Jere R. Behrman, Olivia S. Mitchell and Petra E. Todd #12401 (AG, PE) - The Brevity and Violence of Contractions and Expansions
Alisdair McKay and Ricardo Reis #12400 (EFG, ME)
Week of July 31, 2006
- Renegotiation Without Holdup: Anticipating Spending and Infrastructure Concessions
Eduardo Engel, Ronald Fischer and Alexander Galetovic #12399 (IO) - The Politics and Economics of Offshore Outsourcing
N. Gregory Mankiw and Phillip Swagel #12398 (EFG, ITI, POL) - What Drives the Disposition Effect? An Analysis of a Long-Standing Preference-Based Explanation
Nicholas Barberis and Wei Xiong #12397 (AP) - Why Do Migrants Return to Poor Countries? Evidence From Philippine Migrants' Responses to Exchange Rate Shocks
Dean Yang #12396 (ED, ITI, LS) - Exchange Rate Changes and Inflation in Post-Crisis Asian Economies: VAR Analysis of the Exchange Rate Pass-Through
Takatoshi Ito and Kiyotaka Sato #12395 (EFG, IFM) - Big Business Stability and Economic Growth: Is What's Good for General Motors Good for America?
Kathy Fogel, Randall Morck, and Bernard Yeung #12394 (CF, EFG) - Sudden Stops, Financial Crises, and Original Sin in Emerging Countries: Déjà vu?
Michael D. Bordo #12393 (HC) - Optimizing the Retirement Portfolio: Asset Allocation, Annuitization, and Risk Aversion
Wolfram J. Horneff, Raimond Maurer, Olivia S. Mitchell and Ivica Dus #12392 (AG, AP) - How Household Portfolios Evolve After Retirement: The Effect of Aging and Health Shocks
Courtney Coile and Kevin Milligan (AG, AP, HC) - That's News to Me! Information Revelation in Professional Certification Markets
Ginger Zhe Jin, Andrew Kato and John A. List #12390 (HC) - Financial Globalization, Governance, and the Evolution of the Home Bias
Bong-Chan Kho, René M. Stulz and Francis E. Warnock #12389 (AP, CF) - The Level and Composition of Consumption Over the Business Cycle: The Role of "Quasi-Fixed" Expenditures
Kerwin Kofi Charles and Melvin Stephens, Jr. #12388 (EFG, LS) - Handedness and Earnings
Christopher S. Ruebeck, Joseph E. Harrington, Jr. and Robert Moffitt #12387 (ED, LS) - The Effect of Inheritance Receipt on Retirement
Jeffrey R. Brown, Courtney C. Coile and Scott J. Weisbenner #12386 (AG, LS) - Innovation, Diffusion, and Trade
Jonathan Eaton and Samuel Kortum #12385 (LS) - Inflation Band Targeting and Optimal Inflation Contracts
Frederic S. Mishkin and Niklas J. Westelius #12384 (EFG, ME) - Uncertainty and Investment Dynamics
Nick Bloom, Stephen Bond and John Van Reenen #12383 (EFG, PR) - ICT Use in the Developing World: An Analysis of Differences in Computer and Internet Penetration
Menzie D. Chinn and Robert W. Fairlie #12382 (IFM) - Railroads and Local Economic Development: The United States in the 1850s
Michael R. Haines and Robert A. Margo #12381 (DAE) - Using a Hedonic Model of Solar Radiation to Assess the Economic Effect of Climate Change: The Case of Mosel Valley Vineyards
Orley Ashenfelter and Karl Storchmann #12380 (PE)
Week of July 24, 2006
- Charting the Economic Life Cycle
Ronald Lee, Sang-Hyop Lee and Andrew Mason #12379 (AG) - The Loss Aversion / Narrow Framing Approach to the Equity Premium Puzzle
Nicholas Barberis and Ming Huang #12378 (AP) - Using Target Efficiency to Select Program Participants and Risk-Factor Models: An Application to Child Mental Health Interventions for Preventing Future Crime
David S. Salkever, Stephen Johnston, Mustafa C. Karakus, Nicholas Ialongo and Eric Slade #12377 (HC) - Flight-to-Quality or Flight-to-Liquidity? Evidence From the Euro-Area Bond Markt
Alessandro Beber, Michael W. Brandt and Kenneth A. Kavajecz #12376 (AP, IFM) - Divorce, Fertility and the Shot Gun Marriage
Alberto Alesina and Paola Giuliano #12375 (LE, PE) - The Effects of HMO and Its For-Profit Expansion on the Survival of Specialized Hospital Services
Yu-Chu Shen #12374 (HC) - China's Embrace of Globalization
Lee Bransetter and Nicholas Lardy #12373 (ITI) - Outsourcing Jobs? Multinationals and US Employment
Ann E. Harrison and Margaret S. McMillan #12372 (ITI, LS) - Fifty Million Voters Can't Be Wrong: Economic Self-Interest and Redistributive Politics
Jacob L. Vigdor #12371 (PE, POL) - Evaluating Welfare with Nonlinear Prices
Peter C. Reiss and Matthew W. White #12370 (IO) - Biological Gender Differences, Absenteeism and the Earning Gap
Andrea Ichino and Enrico Moretti #12369 (LS) - The Effect of Court-Ordered Hiring Quotas on the Composition and Quality of Police
Justin McCrary #12368 (LS, PE) - Determinants and Consequences of Bargaining Power in Households
Leora Friedberg and Anthony Webb #12367 (AG) - Welfare Work Requirements with Paternalistic Government Preferences
Robert Moffitt #12366 (LS, PE) - Why Has CEO Pay Increased So Much?
Xavier Gabaix and Augustin Landier #12365 (AP, EFG, LS) - A Model of Social Interactions and Endogenous Poverty Traps
Roland G. Fryer, Jr. #12364 (ED, LS, PE)
Week of July 17, 2006
- Real Exchange Rate and International Reserves in the Era of Growing Financial and Trade Integration
Joshua Aizenman and Daniel Riera-Crichton #12363 (IFM, ITI) - In Search of Distress Risk
John Y. Campbell, Jens Hilscher and Jan Szilagyi #12362 (AP, EFG, ME) - Nursing Home Quality as a Public Good
David C. Grabowski, Jonathan Gruber and Joseph J. Angelelli #12361 (AG, HC) - A Skeptical Appraisal of Asset-Pricing Tests
Jonathan Lewellen, Stefan Nagel and Jay Shanken #12360 (AP) - Agency Conflicts, Asset Substitution, and Securitization
Yingjin Hila Gan and Christopher Mayer #12359 (CF, IO) - Efficiency in Family Bargaining: Living Arrangements and Caregiving Decisions of Adult Children and Disabled Elderly Parents
Liliana E. Pezzin, Robert A. Pollak and Barbara S. Schone #12358 (AG, LS) - Sustainability, Debt Management, and Public Debt Policy in Japan
Takero Doi, Toshihiro Ihori and Kiyoshi Mitsui #12357 (IFM, PE) - Inside the Family Firm: The Role of Families in Succession Decisions and Performance
Morten Bennedsen, Kasper M. Nielsen, Francisco Pérez-González and Daniel Wolfenzon #12356 (CF) - Superstar Cities
Joseph Gyourko, Christopher Mayer and Todd Sinai #12355 (AP, PE)
Week of July 3, 2006
- Volatility and Dispersion in Business Growth Rates: Publicly Traded versus Privately Held Firms
Steven J. Davis, John Haltiwanger, Ron Jarmin and Javier Miranda #12354 (CF, EFG) - Assessing Structural VARs
Lawrence J. Christiano, Martin Eichenbaum and Robert Vigfusson #12353 (PE) - Education and Health: Evaluating Theories and Evidence
David M. Cutler and Adriana Lleras-Muney #12352 (ED, HC) - The Dissaving of the Aged Revisited: The Case of Japan
Charles Yuji Horioka #12351 (AG, EFG) - Time Zones as Cues for Coordination: Latitude, Longitude, and Letterman
Daniel S. Hamermesh, Caitlin Knowles Myers and Mark L. Pocock #12350 (LS) - The Macroeconomist as Scientist and Engineer
N. Gregory Mankiw #12349 (EFG, ME) - The Catastrophic Effects of Natural Disasters on Insurance Markets
W. Kip Viscusi and Patricia Born #12348 (HC, LE) - Globalization and Poverty
Ann Harrison #12347 (ITI) - The Performance of International Equity Portfolios
Charles P. Thomas, Francis E. Warnock and Jon Wongswan #12346 (AP, IFM)
Week of June 26, 2006
- Liquidity Insurance in a Financially Dollarized Economy
Eduardo Levy Yeyati #12345 (CF, ME) - On the General Relativity of Fiscal Language
Laurence J. Kotlikoff, Jerry Green #12344 (PE) - Competing With the NYSE
William O. Brown, Jr., J. Harold Mulherin, Marc D. Weidenmier #12343 (AP, CF, DAE) - Capital Gains Taxes and Asset Prices: Capitalization or Lock-In?
Zhonglan Dai, Edward Maydew, Douglas A. Shackelford, Harold H. Zhang #12342 (PE) - Consumption Over the Life Cycle: The Role of Annuities
Gary D. Hansen, Selahattin Imrohoroglu #12341 (EFG) - The Lending Channel in Emerging Economics: Are Foreign Banks Different?
Marco Arena, Carmen Reinhart, Francisco Vazquez #12340 (IFM, ME) - Optimal Control of Externalities in the Presence of Income Taxation
Louis Kaplow #12339 (LE, PE) - Does Price Matter in Charitable Giving? Evidence From a Large-Scale Natural Field Experiment
Dean Karlan, John A. List #12338 (PE) - A General Stochastic Volatility Model for the Pricing and Forecasting of Interest Rate Derivatives
Anders B. Trolle, Eduardo S. Schwartz #12337 (AP) - Lumpy Investment in Dynamic General Equilibrium
Ruediger Bachmann, Ricardo J. Caballero, Eduardo M.R.A. Engel #12336 (EFG) - Hospital Competition, Managed Care and Mortality After Hospitalization for Medical Conditions: Evidence From Three States
Jose J. Escarce, Arvind K. Jain, Jeannette Rogowski #12335 (HC) - Competitive Wages in a Match with Ordered Contracts
Muriel Niederle #12334 (LS) - Optimal Currency Shares in International Reserves: The Impact of the Euro and the Prospects for the Dollar
Elias Papaioannou, Richard Portes, Gregorios Siourounis #12333 (IFM) - Separation of Powers and the Budget Process
Gene M. Grossman, Elhanan Helpman #12332 (PE, POL) - Do Rising Tides Lift All Prices? Income Inequality and Housing Affordability
Janna L. Matlack, Jacob L. Vigdor #12331 (AP, EFG) - Do Borrowing Constraints Matter? An Analysis of Why the Permanent Income Hypothesis Does Not Apply in Japan
Miki Kohara, Charles Yuji Horioka #12330 (EFG) - The Effect of Female Education on Fertility and Infant Health: Evidence from School Entry Policies Using Exact Date of Birth
Justin McCrary, Heather Royer #12329 (ED, LS) - Artificial States
Alberto Alesina, William Easterly, Janina Matuszeski #12328 (POL) - A Comparative Analysis of the Labor Market Impact of International Migration: Canada, Mexico, and the United States
Abdurrahman Aydemir, George J. Borjas #12327 (ITI, LS) - Trade and Growth with Heterogenous Firms
Richard E. Baldwin, Frederic Robert-Nicoud #12326 (ITI) - International Migration, Remittances, and Household Investment: Evidence from Philippine Migrants' Exchange Rate Shocks
Dean Yang #12325 (IFM, ITI, LS) - Why Has U.S. Inflation Become Harder to Forecast?
James H. Stock, Mark W. Watson #12324 (EFG, ME) - Federal Policy and the Rise in Disability Enrollment: Evidence for the VA's Disability Program
Mark Duggan, Robert Rosenheck, Perry Singleton #12323 (HC, PE) - Globalization and Endogenous Firm Scope
Volker Nocke, Stephen Yeaple #12322 (ITI) - New Evidence on Gender Difference in Promotion Rates: An Empirical Analysis of a Sample of New Hires
Francine D. Blau, Jed DeVaro #12321 (LS) - Empirical Studies of Innovation in the Knowledge Driven Economy
Bronwyn H. Hall, Jacques Mairesse #12320 (PR) - Inflation as a Redistribution Shock: Effects on Aggregates and Welfare
Matthias Doepke, Martin Schneider #12319 (EFG) - Contributions of Zvi Griliches
James Heckman #12318 (IO, ED, LS, PR) - Australian Government Balance Sheet Management
Wilson Au-Yeung, Jason McDonald, Amanda Sayegh #12302 (PE) - On the Failure of the Bootstrap for Matching Estimators
Alberto Abadie, Guido W. Imbens #t0325 (TWP) - Nonparametric Tests for Treatment Effect Heterogeneity
Richard K. Crump, V. Joseph Hotz, Guido W. Imbens, Oscar A. Mitnik #t0324 (TWP) - Heteroskedasticity-Robust Standard Errors for Fixed Effects Panel Data Regression
James H. Stock, Mark W. Watson #t0323 (TWP)
Week of June 19, 2006
- Media Markets and Localism: Does Local News en Espanol Boost Hispanic Voter Turnout?
Felix Oberholzer-Gee, Joel Waldfogel #12317 (POL) - Globalization, De-Industrialization and Mexican Exceptionalism 1750-1879
Rafael Dobado Gonzalez, Aurora Gomez Galvarriato, Jeffrey G. Williamson #12316 (DAE, ITI) - People Flows in Globalization
Richard B. Freeman #12315 (ITI, LS) - An Exploration of Technology Diffusion
Diego Comin, Bart Hobiijn #12314 (EFG, PR) - Socially Optimal Districting: An Empirical Investigation
Stephen Coate, Brian Knight #12313 (PE, POL) - Cultures of Corruption: Evidence From Diplomatic Parking Tickets
Raymond Fisman, Edward Miguel #12312 (LE) - The Boskin Commission Report: A Retrospective One Decade Later
Robert J. Gordon #12311 (EFG) - Worker Needs and Voice in the US and the UK
Alex Bryson, Richard B. Freeman #12310 (LS) - Collateralized Borrowing and Life-Cycle Portfolio Choice
Paul Willen, Felix Kubler #12309 (EFG) - Financial Innovations and Macroeconomic Volatility
Urban Jermann, Vincenzo Quadrini #12308 (EFG) - The Choice Between Income and Consumption Taxes: A Primer
Alan J. Auerbach #12307 (PE) - Searching for the EU Social Dialogue Model
Richard B. Freeman #12306 (LS, POL) - Do Peers Affect Student Achievement in China's Secondary Schools?
Weili Ding, Steven F. Lehrer #12305 (ED) - The Impact of Poor Health on Education: New Evidence Using Genetic Markers
Weili Ding, Steven F. Lehrer, J. Niels Rosenquist, Janet Audrain-McGovern #12304 (ED, HC, HE) - Early Retirement, Social Security and Well-Being in Germany
Axel Borsch-Supan, Hendrik Jurges #12303 (AG, LS, PE) - What Do We Know About Competition and Quality in Health Care Markets?
Martin Gaynor #12301 (HC)
Week of June 5-June 12, 2006
- Even For Teenagers, Money Does Not Grow on Trees: Teenage Substance Use and Budget Constraints
Sara Markowitz and John Tauras #12300 (HE) - Currency Mismatches, Default Risk, and Exchange Rate Depreciation: Evidence from the End of Bimetallism
Michael D. Bordo, Christopher M. Meissner and Marc D. Weidenmier #12299 (DAE, IFM, ME) - Economic, Neurobiological and Behavioral Perspectives on Building America's Future Workforce
Eric I. Knudsen, James J. Heckman, Judy L. Cameron and Jack P. Shonkoff #12298 (ED, LS) - The Industry Life Cycle and Acquisitions and Investment: Does Firm Organization Matter?
Vojislav Maksimovic and Gordon Phillips #12297 (CF, IO) - Baumol-Tobin and the Welfare Costs of National Security Border Delays
Hui Huang and John Whalley #12296 (ITI) - The Variability of IPO Initial Returns
Michelle Lowry, Micah S. Officer, G. William Schwert #12295 (AP) - Rational Discounting for Regulatory Analysis
W. Kip Viscusi, # 12294 (HC, LE, PE) - Multi-Product Firms and Product Switching
Andrew B. Bernard, Stephen J. Redding and Peter K. Schott #12293 (ITI) - Dividends and Taxes
Roger Gordon and Martin Dietz #12292 (CF, PE) - Beyond BMI: The Value of More Accurate Measures of Fatness and Obesity in Social Science Research
John Cawley and Richard V. Burkhauser #12291 (HC, HE) - Equity Premia with Benchmark Levels of Consumption: Closed-Form Results
Andrew B. Abel #12290 (AP, EFG, ME) - Sources of Advantageous Selection: Evidence from the Medigap Insurance Market
Hanming Fang, Michael P. Keane and Dan Silverman #12289 (CH, PE) - The Effect of Dividends on Consumption
Malcolm Baker, Stefan Nagel and Jeffrey Wurgler #12288 (CF, EFG) - Home Production and the Macro Economy-Some Lessons from Pollak and Wachter and from Transition Russia
Reuben Gronau #12287 (LS) - Tinkering Toward Accolades: School Gaming Under a Performance Accountability System
Julie Berry Cullen and Randall Reback #12286 (CH, ED) - Would Higher Salaries Keep Teachers in High-Poverty Schools? Evidence from a Policy Intervention in North Carolina
Charles Clotfelter, Elizabeth Glennie, Helen Ladd and Jacob Vigdor #12285 (ED)
Week of May 29, 2006
- Optimal Income Transfers
Louis Kaplow #12284 (PE) - Ineffective Controls on Capital Inflows Under Sophisticated Financial Markets: Brazil in the Nineties
Bernardo S. de M. Carvalho and Márcio G.P. Garcia #12283 (IFM) - Educational Debt Burden and Career Choice: Evidence from a Financial Aid Experiment at NYU Law School
Erica Field #12282 (LS) - Supermodality and Tipping
Geoffrey Heal and Howard Kunreuther #12281 (PE) - Innovativity: A Comparison Across Seven European Countries
Pierre Mohnen, Jacques Mairesse amd Marcel Dagenais #12280 (PR) - Balancing the Goals of Health Care Provision
Martin Feldstein #12279 (HC, PE) - Willpower and the Optimal Control of Visceral Urges
Emre Ozdenoren, Stephen Salant and Dan Silverman #12278 (HC, PE) - Stability First: Reflections Inspired by Otmar Issing's Success as the ECB's Chief Economist
Vitor Gaspar and Anil K. Kashyap #12277 (ME) - Capital Structure with Risky Foreign Investment
Mihir A. Desai, C. Fritz Foley and James R. Hines Jr. #12276 (CF, ITI) - When Does Domestic Saving Matter for Economic Growth?
Philippe Aghion, Diego Comin and Peter Howitt #12275 (EFG) - Does Corruption Produce Unsafe Drivers?
Marianne Bertrand, Simeon Djankov, Rema Hanna and Sendhil Mullainathan #12274 (CF, LS) - Love or Money? Health Insurance and Retirement Among Married Couples
Kanika Kapur and Jeannette Rogowski #12273 (AG, HC, HE, LS) - Energy Conservation in the United States: Understanding its Role in Climate Policy
Gilbert E. Metcalf #12272 (PE) - Measuring International Trade in Services
Robert E. Lipsey #12271 (ITI) - Resolving Macroeconomic Uncertainty in Stock and Bond Markets
Alessandro Beber and Michael W. Brandt #12270 (AP) - Disease and Development: The Effect of Life Expectancy on Economic Growth
Daron Acemoglu and Simon Johnson #12269 (EFG) - Monetary Policy When Potential Output is Uncertain: Understanding the Growth Gamble of the 1990s
Yuriy Gorodnichenko and Matthew D. Shapiro #12268 (EFG, ME, PR)
Week of May 22, 2006
- Socioeconomic Status and Health in Childhood: A Comment on Chen, Martin and Matthews (2006)
Anne Case, Christina Paxson and Tom Vogl #12267 (CH, HC) - $2.00 Gas! Studying the Effects of a Gas Tax Moratorium
Joseph J. Doyle, Jr. and Krislert Samphantharak #12266 (PE) - Population Aging, Fiscal Policies, and National Saving: Predictions for Korean Economy
Young Jun Chun #12265 (AG, PE) - A Century of Work and Leisure
Valerie A. Ramey and Neville Francis #12264 (EFG, LS) - Information Spillovers in the Market for Recorded Music
Ken Hendricks and Alan Sorensen #12263 (IO) - New Evidence on Real Wage Cyclicality within Employer-Employee Matches
Donggyun Shin and Gary Solon #12262 (LS) - Why Does the Law of One Price Fail? An Experiment on Index Mutual Funds
James J. Choi, David Laibson and Brigitte C. Madrian #12261 (AP) - Individual Versus Aggregate Collateral Constraints and the Overborrowing Syndrome
Martmn Uribe #12260 (EFG, IFM) - Capital Levies and Transition to a Consumption Tax
Louis Kaplow #12259 (PE) - Protection for Sale or Surge Protection?
Susumu Imai, Hajime Katayama and Kala Krishna #12258 (ITI) - Education and Labor-Market Discrimination
Kevin Lang and Michael Manove #12257 (LS) - Noise Traders
James Dow and Gary Gorton #12256 (AP, CF) - Private Investment and Government Protection
Carolyn Kousky, Erzo F.P. Luttmer and Richard J. Zeckhauser #12255 (PE) - Input and Technology Choices in Regulated Industries: Evidence From the Health Care Sector
Daron Acemoglu and Amy Finkelstein #12254 (HC, LS, PE) - There Goes the Neighborhood? Estimates of the Impact of Crime Risk on Property Values From Megan's Laws
Leigh L. Linden and Jonah E. Rockoff #12253 (EFG, LS, PE)
Week of May 15, 2006
- Judicial Risk and Credit Market Performance: Micro Evidence from Brazilian Payroll Loans
Ana Carla A. Costa and Joao M.P. De Mello #12252 (CF) - The Impact of Group Diversity on Performance and Knowledge Spillover -- An Experiment in a College Classroom
Zeynep Hansen, Hideo Owan and Jie Pan #12251 (ED) - Democracy and Protectionism
Kevin H. O'Rourke and Alan M. Taylor #12250 (DAE, ITI) - China's FDI and Non-FDI Economies and the Sustainability of Future High Chinese Growth
John Whalley and Xian Xin #12249 (ITI) - Risk, Uncertainty and Asset Prices
Geert Bekaert, Eric Engstrom and Yuhang Xing #12248 (AP) - Stock and Bond Returns with Moody Investors
Geert Bekaert, Eric Engstrom and Steven R. Grenadier #12247 (AP) - Division of Labor and the Rise of Cities: Evidence from U.S. Industrialization, 1850-1880
Sukkoo Kim #12246 (DAE) - Are Elite Universities Losing Their Competitive Edge?
E. Han Kim, Adair Morse and Luigi Zingales #12245 (CF)
Week of May 8, 2006
- The Welfare Consequences of Hospital Mergers
Robert Town, Douglas Wholey, Roger Feldman and Lawton R. Burns #12244 (HC) - Intertemporal Disturbances
Giorgio E. Primiceri, Ernst Schaumburg and Andrea Tambalotti #12243 (EFG) - Internet Retail Demand: Taxes, Geography, and Online-Offline Competition
Glenn Ellison and Sara Fisher Ellison #12242 (ITI) - Hospital Ownership and Quality of Care: What Explains the Different Results?
Karen Eggleston, Yu-Chu Shen, Joseph Lau, Christopher H. Schmid and Jia Chan #12241 (HC) - Tax Law Changes, Income Shifting and Measured Wage Inequality: Evidence from India
Jagadeesh Sivadasan and Joel Slemrod #12240 (PE) - Discounting Dollars, Discounting Lives: Intergenerational Distributive Justice and Efficiency
Louis Kaplow #12239 (LE, PE) - U.S.-Based Private Voluntary Organizations: Religious and Secular PVOs Engaged in International Relief & Development
Rachel M. McCleary and Robert J. Barro #12238 (PE) - Early Retirement and Public Disability Insurance Applications: Exploring the Impact of Depression
Rena M. Conti, Ernst R. Berndt and Richard G. Frank #12237 (AG, HC, PE) - Econometric Risk Adjustment, Endogeneity, and Extrapolation Bias
John Mullahy #12236 (HC) - Sudden Stops and IMF-Supported Programs
Barry Eichengreen, Poonam Gupta and Ashoka Mody #12235 (IFM) - Managing Bank Liquidity Risk: How Deposit-Loan Synergies Vary with Market Conditions
Evan Gatev, Til Schuermann and Philip E. Strahan #12234 (CF, ME) - The International CAPM and a Wavelet-Based Decomposition of Value at Risk
Viviana Fernandez #12233 (AP) - Medicaid Policy Changes in Mental Health Care and Their Effect on Mental Health Outcomes
Alison Cuellar and Sara Markowitz #12232 (HE) - Prices, Spatial Competition, and Heterogenous Producers: An Empirical Test
Chad Syverson #12231 (EFG, IO, PR) - On the Optimal Timing of Benefits with Heterogenous Workers and Human Capital Depreciation
Robert Shimer and Iván Werning #12230 (EFG, LS, PE) - Monetary Unions, External Shocks and Economic Performance: A Latin American Perspective
Sebastian Edwards #12229 (IFM) - An Elephant in the Garden: The Allies, Spain, and Oil in World War II
Leonard Caruana and Hugh Rockoff #12228 (DAE) - The Cost of Complexity in Federal Student Aid: Lessons from Optimal Tax Theory and Behavioral Economics
Susan M. Dynarski and Judith E. Scott-Clayton #12277 (ED, PE)
Week of May 1, 2006
- Prizes for Basic Research -- Human Capital, Economic Might and the Shadow of History
Joshua Aizenman and Ilan Noy #12226 (ITI, PR) - Tax Competition and Parasitic Tax Havens
Joel Slemrod and John D. Wilson #12225 (PE) - Markets Versus Governments: Political Economy of Mechanisms
Daron Acemoglu, Michael Golosov and Aleh Tsyvinski #12224 (EFG, PE, POL) - Sensation Seeking, Overconfidence, and Trading Activity
Mark Grinblatt and Matti Keloharju #12223 (AP) - Do Foreigners Invest Less in Poorly Governed Firms?
Christian Leuz, Karl V. Lins and Francis E. Warnock #12222 (CF, IFM, ITI) - Crime and Young Men: The Role of Arrest, Criminal Experience, and Heterogeneity
Susumu Imai, Hajime Katayama and Kala Krishna #12221 (LS, PE) - International Diversification at Home and Abroad
Fang Cai and Francis E. Warnock #12220 (PE) - Are Valuation Effects Desirable from a Global Perspective?
Pierpaolo Benigno #12219 (IFM, ME) - Baumol's Diseases: A Macroeconomic Perspective
William D. Nordhaus #12218 (EFG, PR) - Multinationals, Technology, and the Introduction of Varieties of Goods
Irene Brambilla #12217 (ITI, PR) - Measuring and Explaining Management Practices Across Firms and Countries
Nick Bloom and John Van Reenen #12216 (PR) - Expenditure Switching vs. Real Exchange Rate Stabilization: Competing Objectives for Exchange Rate Policy
Michael B. Devereux and Charles Engel #12215 (IFM) - Portfolio Choice in a Monetary Open-Economy DSGE Model
Charles Engel and Akito Matsumoto #12214 (IFM) - Expectations and Exchange Rate Policy
Michael B. Devereux and Charles Engel #12213 (IFM) - Home Production, Market Production and the Gender Wage Gap: Incentives and Expectations
Stefania Albanesi and Claudia Olivetti #12212 (EFG, LS) - Identifying Individual and Group Effects in the Presence of Sorting: A Neighborhood Effects Application
Patrick Bayer and Stephen L. Ross #12211 (ED) - An Empirical Analysis of the Pricing of Collateralized Debt Obligations
Francis A. Longstaff and Arvind Rajan #12210 (AP) - The Effect of Taxes on Efficiency and Growth
Martin Felstein #12201 (PE)
Week of April 24, 2006
- Buy, Lobby or Sue: Interest Groups' Participation in Policy Making - A Selective Survey
Pablo T. Spiller and Sanny Liao #12209 (LE) - The Effects of State Medicaid Policies on the Dynamic Savings Patterns of the Elderly
Lara Gardner and Donna Gilleskie #12208 (HC, HE, PE) - The Academic Achievement Gap in Grades 3 to 8
Charles T. Clotfelter, Helen F. Ladd and Jacob L. Vigdor #12207 (ED) - Technology, Information and the Decentralization of the Firm
Daron Acemoglu, Philippe Aghion, Claire Lelarge, John Van Reenen and Fabrizio Zilibotti #12206 (EFG, LS) - Redistribution by Insurance Market Regulation: Analyzing a Ban on Gender-Based Retirement Annuities
Amy Finkelstein, James Poterba and Casey Rothschild #12205(AG, AP, CF, HC, PE) - Intergenerational Risksharing and Equilibrium Asset Prices
John Y. Campbell and Yves Nosbusch #12204 (AG, AP, PE) - Is IPO Underperformance a Peso Problem?
Andrew Ang, Li Gu and Yael V. Hochberg #12203 (AP) - Pay, Reference Points, and Police Performance
Alexandre Mas #12202 (LS) - Interpreting Prediction Market Prices as Probabilities
Justin Wolfers and Eric Zitzewitz #12200 (AP, EFG) - Do High School Exit Exams Influence Educational Attainment or Labor Market Performance?
Thomas S. Dee and Brian A. Jacob #12199 (CH, ED) - Stabilization of Effective Exchange Rates Under Common Currency Basket Systems
Eiji Ogawa and Junko Shimizu #12198 (ITI) - The Effects of Health on Health Insurance Status in Fragile Families
Hope Corman, Anne Carroll, Kelly Noonan and Nancy E. Reichman #12197 (HC, HE) - Organizing Offshoring: Middle Managers and Communication Costs
Pol Antràs, Luis Garicano and Esteban Rossi-Hansberg #12196 (ITI) - The Private Value of Software Patents
Bronwyn H. Hall and Megan MacGarvie #12195 (PR)
Week of April 17, 2006
- The 2006 Economic Report of the President: Comment on Chapter One (The Year in Review) and Chapter Six (The Capital Account Surplus)
Martin Feldstein #12168 (EFG, IFM, ME) - The Fox News Effect: Media Bias and Voting
Stefano DellaVigna, Ethan Kaplan #12169 (PE) - Inadequacy of Nation-Based and VaR-Based Safety Nets in the European Union
Edward J. Kane #12170 (CF, ME) - Does Child Abuse Cause Crime?
Janet Currie, Erdal Tekin #12171 (CH, ED) - Movement of Star Scientists and Engineers and High-Tech Firm Entry
Lynne G. Zucker, Michael R. Darby #12172 (PR) - The Relative Sophistication of Chinese Exports
Peter K. Schott #12173 (ITI) - Belief Flipping in a Dynamic Model of Statistical Discrimination
Roland G. Fryer, Jr. #12174 (LS) - Democratic Capital: The Nexus of Political and Economic Change
Torsten Persson, Guido Tabellini #12175 (IFM) - Comprehensive versus Selective Schooling in England in Wales: What Do We Know?
Jorn-Steffen Pischke, Alan Manning #12176 (ED, LS)
Week of April 10, 2006
- The Flow Approach to Labor Markets: New Data Sources and Micro-Macro Links?
Steven J. Davis, R. Jason Faberman, John Haltiwanger #12167 (EFG,LS) - Identification of Search Models with Initial Condition Problems
Gadi Barlevy, H.N. Nagaraja #12166 (EFG,LS) - Execution Risk
Robert Engle, Robert Ferstenberg #12165 (AP) - Putting the Lid on Lobbying: Tariff Structure and Long-Term Growth when Protection is for Sale
Nathan Nunn, Daniel Trefler#12164 (ITI) - The Relationship Between Exchange Rates and Inflation Targeting Revisited
Sebastian Edwards #12163 (IFM,ME) - Tariff Incidence in America's Gilded Age
Douglas A. Irwin #12162 (DAE,ITI) - Antebellum Tariff Politics: Coalition Formation and Shifting Regional Interests
Douglas A. Irwin #12161 (DAE,ITI) - The Impact of Federation on Australia's Trade Flows
Douglas A. Irwin #12160 (DAE,ITI) - The Short- and Long-Term Career Effects of Graduating in a Recession: Hysteresis and Heterogeneity in the Market for College Graduates
Philip Oreopoulos, Till von Wachter, Andrew Heisz #12159 (CH,LS) - Optimal Inflation Targeting under Alternative Fiscal Regimes
Pierpaolo Benigno, Michael Woodford#12158 (EFG, IMF, ME) - The Macro-Foundations of Microeconomics: Initial Labor Market Conditions and Long-Term Outcomes for Economists
Paul Oyer #12157 (LE,LS) - Consumer Demand under Price Uncertainty: Empirical Evidence from the Market for Cigarettes
Mark Coppejans, Donna Gilleskie, Holger Sieg, Koleman Strumpf #12156 (CH, HE) - What Does Certification Tell Us About Teacher Effectiveness? Evidence from New York City
Thomas J. Kane, Jonah E. Rockoff, Douglas O. Staiger #12155 (ED)
Week of April 3, 2006
- The U.S. Current Account Deficit: Gradual Correction or Abrupt Adjustment?
Sebastian Edwards #12154 (IFM) - The Diffusion of Development
Enrico Spolaore, Romain Wacziarg #12153 (EFG) - An Economist Sells Bagels: A Case Study in Profit Maximization
Steven D. Levitt #12152 (IO) - Why Do IPO Auctions Fail?
Ravi Jagannathan, Ann E. Sherman #12151 (AP) - Abortion and Selection
Elizabeth Oltmans Ananat, Jonathan Gruber, Phillip B. Levine, Douglas Staiger #12150 (CH PE) - Household Finances
John Y. Campbell #12149 (AP EFG ME) - Open Source Software: The New Intellectual Property Paradigm
Stephen M. Maurer, Suzanne Scotchmer #12148 (PR) - Population Aging
David N. Weil #12147 (AG, LS,PE ) - Investment Taxes and Equity Returns
Clemens Sialm #12146 (AP,CF,PE) - Preferences and Heterogeneous Treatment Effects in a Public School Choice Lottery
Justine S. Hastings, Thomas J. Kane, Douglas O. Staiger #12145 (CH, ED, PE) - Optimal Decentralized Investment Management
Jules H. van Binsbergen, Michael W. Brandt, Ralph S.J. Koijen #12144 (AP) - The New Promised Land: Black-White Convergence in the American South, 1960-2000
Jacob L. Vigdor #12143 (ED, LS) - The Causes of Japan's 'Lost Decade': The Role of Household Consumption
Charles Yuji Horioka #12142 (EFG,PE) - Illegal Migration from Mexico to the United States
Gordon H. Hanson #12141 (ITI,LS) - The Dynamics of the Age Structure, Dependency, and Consumption
Heinrich Hock, David N. Weil #12140 (AG,PE) - The Homecoming of American College Women: The Reversal of the College Gender Gap
Claudia Goldin, Lawrence F. Katz, Ilyana Kuziemko #12139(CH, DAE, ED, LS) - Bubbles and Busts: The 1990s in the Mirror of the 1920s
Eugene N. White #12138 (AP,DAE,ME) - How Occupied France Financed Its Own Exploitation in World War II
Filippo Occhino, Kim Oosterlinck, Eugene N. White #12137 (DAE) - Flight to Quality and Collective Risk Management
Ricardo J. Caballero, Arvind Krishnamurthy #12136 (CF,EFG,IFM,ME ) - Political Risk Versus Market Risk in Social Security
John B. Shoven, Sita N. Slavov #12135 (AG, PE,POL ) - The Thick Market Effect of Housing Markets Transactions
Li Gan, Qinghua Zhang #12134 (AP) - A Political Economy Theory of the Soft Budget Constraint
James A. Robinson, Ragnar Torvik #12133 (PE, POL) - Antitrust in the Not-For-Profit Sector
Tomas J. Philipson, Richard A. Posner #12132 (HC,HE,LE) - Complementarities in Automobile Production
Johannes Van Biesebroeck #12131 (PR) - Does Neoclassical Theory Account for the Effects of Big Fiscal Shocks? Evidence From World War II
Ellen R. McGrattan, Lee E. Ohanian #12130 (EFG) - Zombie Lending and Depressed Restructuring in Japan
Ricardo J. Caballero, Takeo Hoshi, Anil K. Kashyap #12129 (EFG,CF,ME) - Why Does Democracy Need Education?
Edward Glaeser, Giacomo Ponzetto, Andrei Shleifer #12128 (EFG,LE,PE,POL )
Week of March 27, 2006
- Institutional Weakness and Stock Price Volatility
Galina Hale, Assaf Razin, Hui Tong #12127 (IFM,AP) - Empirical Models of Auctions
Susan Athey, Philip A. Haile #12126 (IO) - On the Theory of Ethnic Conflict
Francesco Caselli, Wilbur John Coleman II #12125 (EFG) - Why Do Europeans Smoke More than Americans?
David M. Cutler, Edward L. Glaeser #12124 (AG, HE) - The Effects of Retirement on Physical and Mental Health Outcomes
Dhaval Dave, Inas Rashad, Jasmina Spasojevic #12123 (HE, AG) - Why China is Likely to Achieve its Growth Objectives
Robert W. Fogel #12122 (EFG) - Distribution Margins, Imported Inputs, and the Sensitivity of the CPI to Exchange Rates
Linda S. Goldberg, José Manuel Campa #12121 (IFM,ITI) - The Impact of New Laboratory Procedures and Other Medical Innovations on the Health of Americans, 1990-2003: Evidence from Longitudinal, Disease-Level Data
Frank R. Lichtenberg #12120 (HE,PR) - Exploring Links Between Innovation and Diffusion: Adoption of NOx Control Technologies at U.S. Coal-Fired Power Plants
David Popp #12119 (PR) - The Greenspan Era: Discretion, Rather Than Rules
Benjamin M. Friedman #12118 (EFG, ME) - Exchange Rate Volatility and Productivity Growth: The Role of Financial Development
Philippe Aghion, Philippe Bacchetta, Romain Ranciere, Kenneth Rogoff #12117 (EFG,IFM,ME) - Learning from Other Economies: The Unique Institutional and Policy Experiments Down Under
Richard B. Freeman #12116 (LS) - The Narrowing of the U.S. Gender Earnings Gap, 1959-1999: A Cohort-Based Analysis
Catherine Weinberger, Peter Kuhn #12115 (LS) - Prison-Based Education and Re-Entry into the Mainstream Labor Market
John H. Tyler, Jeffrey R. Kling #12114 (ED, LS) - Effects of Title IX and Sports Participation on Girls' Physical Activity and Weight
Robert Kaestner, Xin Xu #12113 (HE,CH) - Testing for Adverse Selection with "Unused Observables"
Amy Finkelstein, James Poterba #12112 (AP,PE,POL) - Deprivation and Disease in Early Twentieth-Century America
Karen Clay, Werner Troesken #12111 (AG,HE,DAE) - "Sick of Local Government Corruption? Vote Islamic"
J. Vernon Henderson, Ari Kuncoro #12110 (PE,POL) - Reconciling the Return Predictability Evidence
Martin Lettau, Stijn Van Nieuwerburgh #12109 (AP) - Persistence of Power, Elites and Institutions
Daron Acemoglu, James A. Robinson #12108 (DAE, EFG) - Pay for Short-Term Performance: Executive Compensation in Speculative Markets
Patrick Bolton, Jose Scheinkman, Wei Xiong #12107 (AP,CF) - Migration and Hedonic Valuation: The Case of Air Qualitys
Patrick Bayer, Nathaniel Keohane, Christopher Timmins#12106 (PE) - Public Health Insurance, Program Take-Up, and Child Health
Anna Aizer #12105(CH,HC) - Taxes and Growth in a Financially Underdeveloped Country: Evidence from the Chilean Investment Booms
Chang-Tai Hsieh, Jonathan A. Parker #12104 (CF,EFG,PE ) - Dynamic Scoring: Alternative Financing Schemes
Eric M. Leeper, Shu-Chun Susan Yang #12103(EFG, PE) - A Healthy Economy Can Break Your Heart
Christopher J. Ruhm #12102 (HC) - Phoenix Miracles in Emerging Markets: Recovering without Credit from Systemic Financial Crises
Guillermo A. Calvo, Alejandro Izquierdo, Ernesto Talvi #12101(IFM) - A Dynamic Theory of Public Spending, Taxation and Debt
Marco Battaglini, Stephen Coate #12100 (PE,POL) - Political Conflict and Power-sharing in the Origins of Modern Colombias
Sebastián Mazzuca, James A. Robinson #12099 (DAE,POL) - Testing Portfolio Efficiency with Conditioning Information
Wayne E. Ferson, Andrew F. Siegel #12098 (AP) - Friend or Foe? A Natural Experiment of the Prisoner's Dilemma
John A. List #12097 (PE) - The Impact of Antihypertensive Drugs on the Number and Risk of Death, Stroke and Myocardial Infarction in the United States
Genia Long, David Cutler, Ernst R. Berndt, Jimmy Royer, Andrée-Anne Fournier, Alicia Sasser, Pierre Cremieux #12096 (AG,HC) - Sticky Borders
Gita Gopinath, Roberto Rigobon #12095 (IFM,ITI) - Innovation, Competition and Welfare-Enhancing Monopoly
Michael R. Darby, Lynne G. Zucker #12094 (PR) - The Persistence of Underdevelopment: Institutions, Human Capital, or Constituencies?
Raghuram G. Rajan, Luigi Zingales #12093 (CF,EFG,LE) - War in Iraq versus Containment
Steven J. Davis, Kevin M. Murphy, Robert H. Topel #12092 (EFG,PE) - Trade, FDI, and the Organization of Firms
Elhanan Helpman #12091 (ITI)
Week of February 27, 2006
- Is There Hedge Fund Contagion?
Nicole M. Boyson, Christof W. Stahel, and René M. Stulz #12090 (CF, AP) - Monetary and Fiscal Theories of the Price Level: The Irreconcilable Differences
Bennett T. McCallum and Edward Nelson #12089 (EFG, ME) - Making it in America: Social Mobility in the Immigrant Population
George J. Borjas #12088 (LS) - Financial Constraints, Asset Tangibility, and Corporate Investment
Heitor Almeida and Murillo Campello #12087 (CF) - The Effects of Tort Reform on Medical Malpractice Insurers' Ultimate Losses
Patricia Born, W. Kip Viscusi, and Tom Baker #12086 (LE) - Immigration in High-Skill Labor Markets: The Impact of Foreign Students on the Earnings of Doctorates
George J. Borjas #12085 (LS) - Agency-Based Asset Pricing
Gary Gorton and Ping He #12084 (CF, AP) - Prediction Markets in Theory and Practice
Justin Wolfers and Eric Zitzewitz #12083 (EFG, AG) - Measuring Trends in Leisure: The Allocation of Time Over Five Decades
Mark Aguiar and Erik Hurst #12082 (EFG, LS) - The Depressing Effect of Agricultural Institution on the Prewar Japanese Economy
Fumio Hayashi and Edward C. Prescott #12081 (EFG, PR) - Insurance and Incentives for Medical Innovation
Alan M. Garber, Charles I. Jones, and Paul M. Romer #12080 (AG, HC) - Why Have Business Cycle Fluctuations Become Less Volatile?
Andres Arias, Gary D. Hansen, and Lee E. Ohanian #12079 (EFG) - Racial Segregation and the Black-White Test Score Gap
David Card and Jesse Rothstein #12078 (ED, CH) - Post-Secondary Education and Increasing Wage Inequality
Thomas Lemieux #12077 (ED, LS) - Discretionary Policy and Multiple Equilibria
Robert G. King #12076 (EFG) - Asset Prices When Agents are Marked-to-Market
Gary Gorton, Ping He, and Lixin Huang #12075 (AP, CF) - Are Prudential Supervision and Regulation Pillars of Financial Stability? Evidence from the Great Depression
Kris James Mitchener #12074 (DAE) - Partisan Impacts on the Economy: Evidence from Prediction Markets and Close Elections
Erik Snowberg, Justin Wolfers, and Eric Zitzewitz #12073 (EFG, AP) - Recent Chinese Buyout Activity and Implications for Global Architecture
Agata Antkiewicz and John Whalley #12072 (ITI) - Employee Screening: Theory and Evidence
Fali Huang and Peter Cappelli #12071 (LS) - Environmental Investment and Policy with Distortionary Taxes and Endogenous Growth
Don Fullerton and Seung-Rae Kim #12070 (PE)
Week of February 20, 2006
- Looking Beyond TRIA: A Clinical Examination of Potential Terrorism Loss Sharing
Howard Kunreuther and Erwann Michel-Kerjan #12069 (PE) - CEO Turnover and Relative Performance Evaluation
Dirk Jenter and Fadi Kanaan #12068 (CF, LS) - A Bound on Risk Aversion Using Labor Supply Elasticities
Raj Chetty #12067 (EFG, LS, AP, PE) - Testing for Racial Differences in the Mental Ability of Young Children
Roland G. Fryer, Jr. and Steven D. Levitt #12066 (LS) - Inside the Black Box of Doctoral Education: What Program Characteristics Influence Doctoral Students' Attrition and Graduation Probabilities?
Ronald G. Ehrenberg, George H. Jakubson, Jeffrey Groen, Eric So, and Joseph Price #12065 (LS, ED) - Program Design and Student Outcomes in Graduate Education
Jeffrey Groen, George H. Jakubson, Ronald G. Ehrenberg, Scott Condie, and Albert Yung-Hsu #12064 (LS, ED) - Putting Behavioral Economics to Work: Testing for Gift Exchange in Labor Markets Using Field Experiments
Uri Gneezy and John A. List #12063 (LS, PE) - Unhappiness After Hurricane Katrina
Miles Kimball, Helen Levy, Fumio Ohtake, and Yoshiro Tsutsui #12062 (EFG, HC) - Taxation
Louis Kaplow #12061 (LE, PE)
Week of February 13, 2006
- Five Open Questions About Prediction Markets
Justin Wolfers and Eric Zitzewitz #12060 (EFG, AP) - The Making of an Investment Banker: Macroeconomic Shocks, Career Choice, and Lifetime Income
Paul Oyer #12059 (CF, LS) - The Most Important Works of Art of the Twentieth Century
David W. Galenson #12058 (LS, PR) - Some Answers to the Retirement-Consumption Puzzle
Michael D. Hurd and Susann Rohwedder #12057 (EFG, AG) - Single Parenthood and Childhood Outcomes in the Mid-Nineteenth Century Urban South
Howard Bodenhorn #12056 (DAE, CH) - Estimating and Testing Beta Pricing Models: Alternative Methods and Their Performance in Simulations
Jay Shanken and Guofo Zhou #12055 (AP) - The Economic Costs of the Iraq War An Appraisal Three Years after the Beginning of the Conflict
Linda Bilmes and Joseph E. Stiglitz #12054 (PE) - Competing Approaches to Forecasting Elections: Economic Models, Opinion Polling and Prediction Markets
Andrew Leigh and Justin Wolfers #12053 (EFG, AP) - New Measures of Port Efficiency Using International Trade Data
Bruce A. Blonigen and Wesley W. Wilson #12052 (ITI) - Bidding for Incomplete Contracts: An Empirical Analysis
Patrick Bajari, Stephanie Houghton, and Steve Tadelis #12051 (IO) - A Framework for Assessing Corporate Governance Reform
Benjamin E. Hermalin and Michael S. Weisbach #12050 (CF) - Who Adjusts and When? On the Political Economy of Reforms
Alberto Alesina, Silvia Ardagna, and Francesco Trebbi #12049 (EFG, PE) - State Age Protection Laws and the Age Discrimination in Employment Act
Joanna Lahey #12048 (AG, LS) - The Causes of Political Integration: An Application to School Districts
Nora Gordon and Brian Knight #12047 (ED, PE) - Why Did U.S. Market Hours Boom in the 1990s?
Ellen McGrattan and Edward Prescott #12046 (EFG, LS) - Exports and Slow Economic Growth in the Lower South Region, 1720-1800
Peter C. Mancall, Joshua L. Rosenbloom, and Thomas Weiss #12045 (DAE) - Offshore Financial Centers: Parasites or Symbionts?
Andrew K. Rose and Mark M. Spiegel #12044 (IFM, ME, PR)
Week of February 6, 2006
- Estimating Macroeconomic Models: A Likelihood Approach
Jesus Fernandez-Villaverde and Juan F. Rubio-Ramirez #T321 (TWP) - Semiparametric Estimation of a Dynamic Game of Incomplete Information
Patrick Bajari and Han Hong #T320 (TWP) - Urban Poverty, School Attendance, and Adolescent Labor Force Attachment: Some Historical Evidence
Howard Bodenhorn #12043 (ITI) - Investment Under Uncertainty and Time-Inconsistent Preferences
Steven R. Grenadier and Neng Wang #12042 (AP) - Sorting in Experiments with Application to Social Preferences
Edward Lazear, Ulrike Malmendier, and Roberto Weber #12041 (LS, PE) - How Do the Better Educated Do It? Socioeconomic Status and the Ability to Cope with Underlying Impairment
David M. Cutler, Mary Beth Landrum, and Kate A. Stewart #12040 (AG, HC) - PublicationHarvester: An Open-Source Software Tool for Science Policy Research
Pierre Azoulay, Andrew Stellman, Joshua Graff Zivin #12039 (HC, HE) - Economic Transformation, Population Growth and the Long-Run World Income Distribution
Marcos Chamon and Michael Kremer #12038 (EFG, LS) - Special Interest Groups and the Allocation of Public Funds
Monica Singhal #12037 (PE) - Housing, Consumption, and Asset Pricing
Monika Piazzesi, Martin Schneider, and Selale Tuzel #12036 (AP, EFG, ME) - Legal-Political Factors and the Historical Evolution of the Finance-Growth Link
Michael D. Bordo and Peter L. Rousseau #12035 (DAE, EFG, LS) - And Now for Something Completely Different: The Versatility of Conceptual Innovators
David W. Galenson #12034 (LS) - Optimal Tariffs: The Evidence
Christian Broda, Nuno Limao, and David E. Weinstein #12033 (ITI) - Turbulent Firms, Turbulent Wages?
Diego Comin, Erica L. Goshen, and Bess Rabin #12032 (EFG, LS) - The Unequal Effects of Liberalization: Evidence from Dismantling the License Raj in India
Philippe Aghion, Robin Burgess, Stephen Redding, and Fabrizio Zilibotti #12031 (EFG) - Down or Out: Assessing the Welfare Costs of Household Investment Mistakes
Laurent E. Calvet, John Y. Campbell, and Paolo Sodini #12030 (EFG, AP) - Cost Should be No Barrier: An Evaluation of the First Year of Harvard's Financial Aid Initiative
Christopher Avery, Caroline Hoxby, Clement Jackson, Kaitlin Burek, Glenn Pope, and Mridula Raman #12029 (ED) - Durable Goods and Conformity
Christopher L. House and Emre Ozdenoren #12028 (IO) - The Effects of Entry on Incumbent Innovation and Productivity
Philippe Aghion, Richard Blundell, Rachel Griffith, Peter Howitt, and Susanne Prantl #12027 (EFG, IO, PR) - The Dog that Did Not Bark: A Defense of Return Predictability
John H. Cochrane #12026 (AP) - Geographic Spillover of Unionism
Thomas J. Holmes #12025 (LS) - Pervasive Stickiness (Expanded Version)
N. Gregory Mankiw and Ricardo Reis #12024 (EFG, ME) - India's Patterns of Development: What Happened, What Follows
Kalpana Kochhar, Utsav Kumar, Raghuram Rajan, Arvind Krishnamurthy, and Ioannis Tokatlidis #12023 (EFG, IFM) - The Time Varying Volatility of Macroeconomic Fluctuations
Alejandro Justiniano and Giorgio E. Primiceri #12022 (EFG, ME) - Does Television Rot Your Brain? ew Evidence from the Coleman Study
Matthew Gentzkow and Jesse M. Shapiro #12021 (CH, ED, LS) - Valuation in Over-the-Counter Markets
Darrell Duffie, Nicolae Garleanu, and Lasse Heje Pedersen #12020 (AP)
Week of January 30, 2006
- Ugly Criminals
Naci Mocan and Erdal Tekin #12019 (CH, HE, LS) - Bias Corrected Estimates of GED Returns
James J. Heckman and Paul A. LaFontaine #12018 (CH, ED, LS, PE) - Optimal Value and Growth Tilts in Long-Horizon Portfolios
Jakub W. Jarek and Luis M. Viceira #12017 (AP) - Surplus Appropriation from R&D and Health Care Technology Assessment Procedures
Thomas J. Philipson and Anupam B. Jena #12016 (HC, IO) - Do Hot Hands Persist Among Hedge Fund Managers? An Empirical Evaluation
Ravi Jagannathan, Alexey Malakhov, and Dmitry Novikov #12015 (AP) - Optimal Market Timing
Erica X. N. Li, Dmitry Livdan, and Lu Zhang #12014 (AP) - Estimating Static Models of Strategic Interaction
Patrick Bajari, Han Hong, John Krainer, and Denis Nekipelov #12013 (IO) - State Casket Sales and Restrictions: A Pointless Undertaking?
Judith Chevalier and Fiona Scott Morton #12012 (IO) - A Short Note on the Size of the Dot-Com Bubble
J. Bradford DeLong and Konstantin Magin #12011 (AP, ME) - Piracy on the Silver Screen
Rafael Rob and Joel Waldfogel #12010 (IO, LE) - The Importance of Default Options for Retirement Savings Outcomes: Evidence from the United States
John Beshears, James J. Choi David Laibson, and Brigitte C. Madrian #12009 (AG, EFG, PE) - Perverse Incentives in the Medicare Prescription Drug Benefit
David McAdams and Michael Schwarz #12008 (HC, PE) - Trends in Intergenerational Income Mobility
Chul-In Lee and Gary Solon #12007 (LS) - The Effects of Cognitive and Noncognitive Abilities on Labor Market Outcomes and Social Behavior
James J. Heckman, Jora Stixrud, and Sergio Uzrua#12006 (CH, ED) - Is Spanish-Only Schooling Responsible for the Puerto Rican Language Gap?
Joshua Angrist, Aimee Chin, and Ricardo Godoy #12005 (CH, ED) - Typically Unobserved Variables (TUVs) and Selection into Prenatal Inputs: Implications for Estimating Infant Health Production Functions
Nancy E. Reichman, Hope Corman, Kelly Noonan, and Dhaval Dave #12004 (HE) - Incarceration Length, Employment, and Earnings
Jeffrey R. Kling #12003 (LS) - Time to Eat: Household Production Under Increasing Income Inequality
Daniel S. Hamermesh #12002 (LS) - Regulating Advertisements: The Case of Smoking Cessation Products
Rosemary J. Avery, Donald S. Kenkel, Dean R. Lillard, and Alan D. Mathios #12001 (HE) - Equilibrium Exhaustible Resource Price Dynamics
Murray Carlson, Zeigham Khoker, and Sheridan Titman #12000 (AP, CF) - Does Culture Affect Economic Outcomes?
Luigi Guiso, Paola Sapienza, and Luigi Zingales #11999 (CF, EFG) - Short, Medium, and Long Term Consequences of Poor Infant Health: An Analysis Using Siblings and Twins
Phil Oreopoulos, Mark Stabile, Randy Walld, and Leslie Roos #11998 (CH, HC) - How Rapidly Does Science Leak Out?
James D. Adams, J. Roger Clemmons, and Paula E. Stephan #11997 (PR) - An Equilibrium Model of "Global Imbalances and Low Interest Rates
Ricardo J. Caballero, Emmanuel Farhi, and Pierre-Olivier Gourinchas #11996 (EFG, IFM) - Valuing Consumer Products by the Time Spent Using Them: An Application to the Internet
Austan Goolsbee and Peter J. Klenow #11995 (EFG, IO, PR) - The Value of Broadband and the Deadweight Loss of Taxing New Technology
Austan Goolsbee #11994 (IO, PR, PE) - Democracy and Development: The Devil in the Details
Torsten Persson and Guido Tabellini #11993 (EFG)
Week of January 23, 2006
- Growth, Initial Conditions, Law and Speed of Privatization in Transition Countries: 11 Years Later
Joseph Stiglitz #11992 (EFG, LE) - Vying for Foreign Direct Investment: A EU-type Model of Tax Competition
Assaf Razin and Efraim Sadka #11991 (IFM, ITI, PE) - The Roles of High School Completion and GED Receipt in Smoking and Obesity
Donald S. Kenkel, Dean R. Lillard, and Alan D. Mathios #11990 (CH, HE) - Diagnosing Discrimination: Stock Returns and CEO Gender
Justin Wolfers #11989 (AP, CF, LE, LS) - How's Your Government? International Evidence Linking Good Government and Well-Being
John F. Helliwell and Haifang Huang #11988 (EFG) - Measurement Error, Legalized Abortion, and the Decline in Crime: A Response to Foote and Goetz (2005)
John J. Donohue and Steven D. Levitt #11987 (HE, LE, LS, PE) - The Polarization of the U.S. Labor Market
David H. Autor, Lawrence F. Katz, and Melissa S. Kearney #11986 (LS) - People People: Social Capital and the Labor Market Outcomes of Underrepresented Groups
Lex Borghans, Bas ter Weel, and Bruce A. Weinberg #11985 (LS) - Life is Cheap: Using Mortality Bonds to Hedge Aggregate Mortality Risk
Leora Friedberg and Anthony Webb #11984 (AG, CF, PE) - Securitization and the Declining Impact of Bank Finance on Loan Supply: Evidence from Mortgage Acceptance Rates
Elena Loutskina and Philip E. Strahan #11983 (CF, ME) - Uses and Abuses of Empirical Evidence in the Death Penalty Debate
John J. Donohue III and Justin Wolfers #11982 (LE) - Consumer Boycotts: The Impact of the Iraq War on French Wine Sales in the U.S.
Larry Chavis and Phillip Leslie #11981 (IO)
Week of January 16, 2006
- The U.S. Health Care System and Labor Markets
Brigitte C. Madrian #11980 (AG, HE, LS, PE) - Reducing the Complexity Costs of 401(k) Participation Through Quick Enrollment(TM)
James J. Choi, Brigitte C. Madrian, and David Laibson #11979 (EFG, AG, PE) - Comparing the Point Predictions and Subjective Probability Distributions of Professional Forecasters
Joseph Engelberg, Charles F. Manski, and Jared Williams #11978 (EFG) - The Health Care Safety Net and Crowd-Out of Private Health Insurance
Anthony T. Lo Sasso and Bruce D. Meyer #11977 (HE, PE) - Consumption, Income, and Material Well-Being After Welfare Reform
Bruce D. Meyer and James X. Sullivan #11976 (LS, PE) - Health Insurance and the Wage Gap
Helen Levy #11975 (HE, LS) - Lifecycle Asset Allocation Strategies and the Distribution of 401(k) Retirement Wealth
James Poterba, Joshua Rauh, Steven Venti, and David Wise #11974 (AG, PE) - Capital Controls: An Evaluation
Nicolas Magud and Carmen R. Reinhart #11973 (IFM) - The Median Voter and the Median Consumer: Local Private Goods and Residential Sorting
Joel Waldfogel #11972 (IO) - A Phillips Curve With an Ss Foundation
Mark Gertler and John Leahy #11971 (EFG, ME) - Incentives and Effort in the Public Sector: Have U.S. Education Reforms Increased Teachers' Work Hours?
Christiana Stoddard and Peter Kuhn #11970 (ED, LS) - From Forced Busing to Free Choice in Public Schools: Quasi-Experimental Evidence of Individual and General Effects
Victor Lavy #11969 (ED, LS, CH) - Examining the Effect of the Earned Income Tax Credit on the Labor Market Participation of Families on Welfare
V. Joseph Hotz, Charles H. Mullin, and John Karl Scholz #11968 (PE, CH) - Private Information, Wage Bargaining and Employment Fluctuations
John Kennan #11967 (EFG) - Lessons From the Debt-Deflation Theory of Sudden Stops
Enrique G. Mendoza #11966 (IFM) - Changing the Boston School Choice Mechanism
Atila Abdulkadiroglu, Parag A. Pathak, Alvin E. Roth, and Tayfun Sonmez #11965 (LE) - Household Ownership of Variable Annuities
Jeffrey R. Brown and James Poterba #11964 (AG, AP, PE) - The Determinants of Mortality
David M. Cutler, Angus S. Deaton, and Adriana Lleras-Muney #11963 (AG, HE) - Multi-Period Corporate Default Prediction with Stochastic Covariates
Darrell Duffie, Ke Wang, and Leandro Saita #11962 (CF, AP) - Common Failings: How Corporate Defaults Are Correlated
Sanjiv Das, Darrell Duffie, Nikunj Kapadia, and Leandro Saita #11961 (CF, AP) - The Negative Trade-Off Between Risk and Incentives: Evidence from the American Whaling Industry
Eric Hilt #11960 (DAE) - Dividend Taxes and Firm Valuation: New Evidence
Alan Auerbach and Kevin Hassett #11959 (PE) - Production Targets
Guillermo Caruana and Liran Einav #11958 (IO) - Structural Estimation of Caloric Intake, Exercise, Smoking And Obesity
Inas Rashad #11957 (HE) - Nutrition Labels and Obesity
Jayachandran N. Variyam and John Cawley #11956 (HE) - The Evolution of Top Incomes: A Historical and International Perspective
Thomas Piketty and Emmaunel Saez #11955 (PE) - The Long Run Impact of Bombing Vietnam
Edward Miguel and Gerard Roland #11954 (EFG) - The Quiet Revolution that Transformed Women's Employment, Education, and Family
Claudia Goldin #11953 (ED, DAE, LS, CH) - The Social Cost of Foreign Exchange Reserves
Dani Rodrik #11952 (IFM) - Health Insurance Take-Up by the Near Elderly
Thomas C. Buchmueller and Sabina Ohri #11951 (AG, HE) - The Value of Stock Options to Non-Executive Employees
Kevin F. Hallock and Craig A. Olsen #11950 (CF, LS) - Did Medicare Induce Pharmaceutical Innovation?
Daron Acemoglu, David Cutler, Amy Finkelstein, and Joshua Linn #11949 (HE, PR) - Intangible Capital and Economic Growth
Carol A. Corrado, Charles R. Hulten, and Daniel E. Sichel #11948 (EFG, PR) - What's So Special About China's Exports?
Dani Rodrik #11947 (ITI) - Assessing the Sources of Changes in the Volatility of Real Growth
Stephen G. Cecchetti, Alfonso Flores-Lagunes, and Stefan Krause #11946 (EFG, IFM, ME) - A Tax-Based Estimate of the Elasticity of Intertemporal Substitution
Jonathan Gruber #11945 (EFG, PE) - Innovation and Incentives: Evidence from Corporate R&D
Josh Lerner and Julie Wolf #11944 (CF, PR) - Life-Cycle Variation in the Association Between Current and Lifetime Earnings
Steven Haider and Gary Solon #11943 (EFG, LS) - Robust Optimal Policy in a Forward-Looking Model with Parameter and Shock Uncertainty
Marc P. Giannoni #11942 (ME) - Estimating the Intertemporal Risk-Return Tradeoff Using the Implied Cost of Capital
Lubos Pastor, Meenakshi Sinha, and Bhaskaran Swaminthan #11941 (AP) - Modeling Inefficient Institutions
Daron Acemoglu #11940 (EFG)
Week of January 9, 2006
- Evaluating the Differential Effects of Alternative Welfare-to-Work Training Components: A Re-Analysis of the California GAIN Program
V. Joseph Hotz, Guido W. Imbens, and Jacob A. Klerman #11939 (LS) - Private Profits and Public Health: Does Advertising Smoking Cessation Products Encourage Smokers to Quit?
Rosemary Avery, Donald Kenkel, Dean R. Dillard, and Alan Mathios #11938 (HE) - Strategic Information Disclosure: the Case of Multi-Attribute Products with Heterogenous Consumers
V. Joseph Hotz and Mo Xiao #11937 (IO) - Teacher-Student Matching and the Assessment of Teacher Effectiveness
Charles T. Clotfelter, Helen F. Ladd, and Jacob L. Vigdor #11936 (ED) - Hyperbolic Discounting of Public Goods
W. Kip Viscusi and Joel Huber #11935 (HC, LE, PE) - Regulation of Health, Safety, and Environmental Risks
W. Kip Viscusi #11934 (HC, HE) - Globalization and Developing Countries - Shrinking Tax Base?
Joshua Aizenman and Yothin Jinjarak #11933 (ITI, PE) - The Long-Term Effects of a Generous Income Support Program: Unemployment Insurance in ew Brunswick and Maine, 1940-1991
Peter Kuhn and Chris Riddell #11932 (LS, PE) - Steam Power, Establishment Size, and Labor Productivity Growth in Nineteenth Century American Manufacturing
Jeremy Atack, Fred Bateman, and Robert Margo #11931 (DAE, PR) - IP & External Consumption Effects: Generalizations from Health Care Markets
Tomas Philipson, Stephanie Mechoulan, and Anupam B. Jena #11930 (HC, PE) - Macroeconomic Derivatives: An Initial Analysis of Market-Based Macro Forecasts, Uncertainty, and Risk
Refet Gurkaynak and Justin Wolfers #11929 (AP, EFG) - Five Facts You Need to Know About Technology Diffusion
Diego Comin, Bart Hobijn, and Emilie Rovito #11928 (EFG, PR) - The Political Economy of "Truth-in-Advertising" Regulation During the Progressive Era
Zeynep Hansen and Marc T. Law #11927 (DAE) - Service Offshoring and Productivity: Evidence from the United States
Mary Amiti and Shang-Jin Wei #11926 (ITI, PR) - Happiness and the Human Development Index: Australia is Not a Paradox
Andrew Leigh and Justin Wolfers #11925 (LS) - Female Socialization: How Daughters Affect Their Legislator Fathers' Voting on Women's Issues
Ebonya Washington #11924 (CH) - The Economics of Climate Change
Lawrence H. Goulder and William A. Pizer #11923 (PE) - Overconfidence, Subjective Perception and Pricing Behavior
Pierpaolo Benigno and Anastasios G. Karantounias #11922 (ME) - The U.S. Current Account Deficit and the Expected Share of World Output
Charles Engel and John H. Rogers #11921 (IFM)
Week of January 2, 2006
- Early Decisions: A Regulatory Framework
John Beshears, James J. Choi, David Laibson, and Brigitte C. Madrian #11920 (HE, PE) - Capitalizing Patriotism: The Liberty Loans of World War
Sung Won Kang and Hugh Rockoff #11919 (DAE) - When to Start a Fight and When to Fight Back: Liability Disputes in the Workers Compensation System
David Card and Brian P. McCall #11918 (LS) - The Impact of Academic Patenting on the Rate, Quality, and Direction of (Public) Research Output
Pierre Azoulay, Waverly Ding, and Toby Stuart #11917 (PR) - Measuring the Value of a Statistical Life: Problems and Prospects
Orley Ashenfleter #11916 (LE, LS, PE) - How Black Candidates Affect Voter Turnout
Ebonya Washington #11915 (PE) - The Impact of Boards with Financial Expertise on Corporate Policies
A. Burak Guner, Ulrike Malmendier, and Geoffrey Tate #11914 (CF, LS) - On Overborrowing
Martin Uribe #11913 (EFG, IFM) - Financial Globalization, Corporate Governance, and Eastern Europe
Rene M. Stulz #11912 (AP, CF) - The Scots May be Brave but They are Neither Healthy Nor Happy
David Bell and David G. Blanchflower #11911 (HE) - Sticking with Your Vote: Cognitive Dissonance and Voting
Sendhil Mullainathan and Ebonya Washington #11910 (PE) - Neighborhoods and Academic Achievement: Results from the Moving to Opportunity Experiment
Lisa Sanbonmatsu, Jeffrey R. Kling, Greg J. Duncan, and Jeanne Brooks-Gunn #11909 (CH, ED
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