NBER Working papers 2007
Week of December 24, 2007
- Forecast Targeting as a Monetary Policy Strategy: Policy Rules in Practice
Michael Woodford #13716 (ME) - Impact of First Occupation on Health at Older Ages
Jody L. Sindelar, Jason Fletcher, Tracy Falba, Patricia Keenan, and William T. Gallo #13715 (AG, HE) - Do Professional Currency Managers Beat the Benchmark?
Momtchil Pojarliev and Richard M. Levich #13714 (IFM) - Managerial Overconfidence and Corporate Policies
Itzhak Ben-David, John R. Graham, and Campbell R. Harvey #13711 (CF) - Did the Death of Distance Hurt Detroit and Help New York?
Edward L. Glaeser and Giacomo A.M. Ponzetto #13710 (EFG) - Using Tax Return Data to Simulate Corporate Marginal Tax Rates
John R. Graham and Lillian F. Mills #13709 (CF, PE) - Corporate Misreporting and Bank Loan Contracting
John R. Graham, Si Li, and Jiaping Qiu #13708 (CF) - The Baby Boom and World War II: A Macroeconomic Analysis
Matthias Doepke, Moshe Hazan, and Yishay Maoz #13707 (EFG, CH, LS) - What Determines the Structure of Corporate Debt Issues?
Michael Weisbach, Woojin Kim, and Brandon Julio #13706 (CF) - Organizing Growth
Luis Garicano and Esteban Rossi-Hansberg #13705 (EFG) - Optimal Choice of Product Scope for Multiproduct Firms under Monopolistic Competition
Robert Feenstra and Hong Ma #13703 (ITI) - Investor Protection and Interest Group Politics
Lucian A. Bebchuk and Zvika Neeman #13702 (CF, LE, PE, POL) - CEO Centrality
Lucian A. Bebchuk, Martijn Cremers, and Urs Peyer #13701 (CF, LE, LS) - Do Financial Incentives Affect Fertility?
Alma Cohen, Rajeev Dehejia, and Dmitri Romanov #13700 (CH, LE, LS, PE) - The Bidder's Curse
Young Han Lee and Ulrike Malmendier #13699 (IO, LS) - Firm Level Heterogeneous Productivity and Demand Shocks: Evidence from Bangladesh
Hiau Looi Kee and Kala Krishna #13698 (ITI, PR) - Parental Leave Policies and Parents' Employment and Leave-Taking
Wen-Jui Han, Christopher Ruhm, and Jane Waldfogel #13697 (CH, LS, PE)
Week of December 17, 2007
- The Economics Approach to Cities
Edward L. Glaeser #13696 (EFG) - Private Deception and the Rise of Public Employment Offices in the United States, 1890 - 1930
Woong Lee #13695 (LS) - The Reaction of Consumer Spending and Debt to Tax Rebates -- Evidence from Consumer Credit Data
Sumit Agarwal, Chunlin Liu, and Nicholas S. Souleles #13694 (EFG, PE) - Net Worth and Housing Equity in Retirement
Todd Sinai and Nicholas S. Souleles #13693 (AG, AP, EFG, LS, PE) - The Dynamics of Relief Spending and the Private Urban Labor Market During the New Deal
Todd C. Neumann, Price V. Fishback, and Shawn Kantor #13692 (DAE, EFG) - What Goods Do Countries Trade? New Ricardian Predictions
Arnaud Costinot and Ivana Komunjer #13691 (ITI) - Rare Disasters, Asset Prices, and Welfare Costs
Robert J. Barro #13690 (EFG, ME, PE) - Religious Conversion in 40 Countries
Robert J. Barro and Jason Hwang #13689 (EFG, ME, PE) - Trade Policy under Firm-Level Heterogeneity in a Small Economy
Svetlana Demidova and Andrés Rodríguez-Clare #13688 (ITI) - Extremism and Social Learning
Edward L. Glaeser and Cass R. Sunstein #13687 (ED, LE) - Occupational Choice and Development
Jan Eeckhout and Boyan Jovanovic #13686 (PR, LS, ITI) - The Explanatory Power of Monetary Policy Rules
John B. Taylor #13685 (EFG, ME) - Mortgage Broker Regulations That Matter: Analyzing Earnings, Employment, and Outcomes for Consumers
Morris M. Kleiner and Richard M. Todd #13684 (LS) - Aging and Death under a Dollar a Day
Abhijit V. Banerjee and Esther Duflo #13683 (AG) - Housing and Monetary Policy
John B. Taylor #13682 (EFG, ME) - Feeling the Florida Heat? How Low-Performing Schools Respond to Voucher and Accountability Pressure
Cecilia Elena Rouse, Jane Hannaway, Dan Goldhaber, and David Figlio #13681 (ED) - Complements versus Substitutes and Trends in Fertility Choice in Dynastic Models
Larry E. Jones and Alice Schoonbroodt #13680 (CH, EFG, HE) - Principal-agent Incentives, Excess Caution, and Market Inefficiency: Evidence From Utility Regulation
Severin Borenstein, Meghan Busse, and Ryan Kellogg #13679 (EEE, IO) - Conservation: From Voluntary Restraint to a Voluntary Price Premium
Matthew Kotchen and Michael Moore #13678 (EEE, PE) - Nominal Debt as a Burden on Monetary Policy
Ramon Marimon, Javier Díaz-Giménez, Giorgia Giovannetti, and Pedro Teles #13677 (IFM, ME) - School Markets: The Impact of Information Approximating Schools' Effectiveness
Alejandra Mizala and Miguel Urquiola #13676 (ED) - Frictional Wage Dispersion in Search Models: A Quantitative Assessment
Andreas Hornstein, Per Krusell, and Giovanni L. Violante #13674 (EFG) - Labor Outflows and Labor Inflows in Puerto Rico
George J. Borjas #13669 (LS) - Does Medicare Save Lives?
David Card, Carlos Dobkin, and Nicole Maestas #13668 (AG, HE, LS, HC) - Strike Three: Umpires' Demand for Discrimination
Christopher A. Parsons, Johan Sulaeman, Michael C. Yates, and Daniel S. Hamermesh #13665 (LS) - Exchange Rate Volatility and First-Time Entry by Multinational Firms
Katheryn Niles Russ #13659 (ITI, IFM) - Health, Economic Resources and the Work Decisions of Older Men
John Bound, Todd Stinebrickner, and Timothy Waidmann #13657 (AG, LS) - Evaluating Asset Pricing Models with Limited Commitment using Household Consumption Data
Dirk Krueger, Hanno Lustig, and Fabrizio Perri #13650 (AP, EFG)
Week of December 10, 2007
- The Great Mexican Emigration
Gordon H. Hanson and Craig McIntosh #13675 (ITI, LS) - Insurance and Opportunities: A Welfare Analysis of Labor Market Risk
Jonathan Heathcote, Kjetil Storesletten, and Giovanni L. Violante #13673 (EFG, PE) - Votes or Money? Theory and Evidence from the US Congress.
Matilde Bombardini and Francesco Trebbi #13672 (POL) - Trade Policy and Market Power: The Case of the US Steel IndustryS
Bruce A. Blonigen, Benjamin H. Liebman, and Wesley W. Wilson #13671 (ITI) - The American High School Graduation Rate: Trends and Levels
James J. Heckman and Paul A. LaFontaine #13670 (CH, ED) - Do State Laws Affect the Age of Marriage? A Cautionary Tale About Avoidance Behavior
Rebecca M. Blank, Kerwin Kofi Charles, and James M. Sallee #13667 (LS) - Using Firm Optimization to Evaluate and Estimate Returns to Scale
Yuriy Gorodnichenko #13666 (EFG, PR, IO - Scaling Up Malaria Control in Africa: An Economic and Epidemiological Assessment
Awash Teklehaimanot, Gordon C. McCord, and Jeffrey D. Sachs #13664 (HE) - First in the Class? Age and the Education Production Function
Elizabeth Cascio and Diane Whitmore Schanzenbach #13663 (CH, ED) - Trade, Diffusion and the Gains from Openness
Andreas Rodriguez-Clare #13662 (EFG, ITI) - Prejudice and The Economics of Discrimination
Kerwin Kofi Charles and Jonathan Guryan #13661 (LS) - Financial Structure, Liquidity, and Firm Locations
Andres Almazan, Adolfo de Motta, Sheridan Titman, and Vahap Uysal #13660 (CF) - How Sovereign is Sovereign Credit Risk?
Francis A. Longstaff, Jun Pan, Lasse H. Pedersen, and Kenneth J. Singleton #13658 (AP, IFM)
Week of November 19, 2007
- The Flypaper Effect in Individual Investor Asset Allocation
James J. Choi, David Laibson, and Brigitte C. Madrian #13656 (AG, AP, PE) - The Heterogeneous State of Modern Macroeconomics: A Reply to Solow
V. V. Chari and Patrick J. Kehoe #13655 (EFG, ME, PE) - Wage Structure, Raises and Mobility: International Comparisons of the Structure of Wages Within and Across Firms
Edward P. Lazear, Kathryn L. Shaw #13654 (LS, PR) - Personnel Economics: The Economist's View of Human Resources
Edward P. Lazear, Kathryn L. Shaw #13653 (LS, PR) - Tenure and Output
Kathryn Shaw, Edward P. Lazear #13652 (LS, PR) - International Differences in the Adoption and Impact of New Information Technologies and New HR Practices: The Valve-Making Industry in the U.S. and U.K.
Ann Bartel, Casey Ichniowski, Kathryn Shaw, and Ricardo Correa #13651 (LS, PR) - Mortality Risks, Health Endowments, and Parental Investments in Infancy: Evidence from Rural India
Ashlesha Datar, Arkadipta Ghosh, Neeraj Sood #13649 (CH, HC) - Are Teacher Absences Worth Worrying About in the U.S.?
Charles T. Clotfelter, Helen F. Ladd, and Jacob L. Vigdor #13648 (ED) - Firms' Stakeholders and the Costs of Transparency
Andres Almazan, Javier Suarez, and Sheridan Titman #13647 (IO) - Endogenous Entry, Product Variety, and Business Cycles
Florin Bilbiie, Fabio Ghironi, and Marc J. Melitz #13646 (EFG) - The General Equilibrium Incidence of Environmental Mandates
Don Fullerton and Garth Heutel #13645 (EEE, PE) - Patents, Thickets, and the Financing of Early-Stage Firms: Evidence from the Software Industry
Iain M. Cockburn and Megan MacGarvie #13644 (IO, PR) - Voluntary Provision of Public Goods for Bads: A Theory of Environmental Offsets
Matthew J. Kotchen #13643 (EEE, PE) - Open-Access Losses and Delay in the Assignment of Property Rights
Gary D. Libecap #13642 (DAE, EEE) - The Impact of Litigation on Venture Capitalist Reputation
Vladimir Atanasov, Vladimir Ivanov, and Kate Litvak #13641 (CF) - Do Stock Prices Influence Corporate Decisions? Evidence from the Technology Bubble
Murillo Campello and John Graham #13640 (AP, CF) - Inefficient Credit Booms
Guido Lorenzoni #13639 (EFG) - Gender Based Taxation and the Division of Family Chores
Alberto Alesina, Andrea Ichino, and Loukas Karabarbounis #13638 (LS, PE) - Momentum and Social Learning in Presidential Primaries
Brian Knight and Nathan Schiff #13637 (PE, POL) - The Effect of Venture Capital on Innovation Strategies
Marco Da Rin and María Fabiana Penas #13636 (CF) - The Long and the Short End of the Term Structure of Policy Rules
Josephine M. Smith and John B. Taylor #13635 (ME) - Securing Their Future? Entry And Survival In The Information Security Industry
Ashish Arora and Anand Nandkumar #13634 (IO) - Does Individual Performance Affect Entrepreneurial Mobility? Empirical Evidence from the Financial Analysis Market
Boris Groysberg, Ashish Nanda, and M. Julia Prats #13633 (LS, PR) - Competing on Standards? Entrepreneurship, Intellectual Property and the Platform Paradox
Timothy S. Simcoe, Stuart J.H. Graham, and Maryann Feldman #13632 (IO, PR) - Migration and Trade in a World of Technological Differences: Theory with an Application to Eastern-Western European Integration
Susana Iranzo and Giovanni Peri #13631 (ITI, LS) - A Theory of Retirement
David E. Bloom, David Canning, and Michael Moore #13630 (AG, HE, LS) - Intertemporal Distortions in the Second best
Stefania Albanesi and Roc Armenter #13629 (EFG, PE) - The Role of Extensive and Intensive Margins and Export Growth
Tibor Besedes and Thomas J. Prusa #13628 (ITI) - Mind the Gap! Consumer Perceptions and Choices of Medicare Part D Prescription Drug Plans
Florian Heiss, Daniel McFadden, and Joachim Winter #13627 (AG, HC) - Mortality, Mass-Layoffs, and Career Outcomes: An Analysis using Administrative Data
Daniel Sullivan and Till von Wachter #13626 (AG) - Informed Trading, Liquidity Provision, and Stock Selection by Mutual Funds
Zhi Da, Pengjie Gao, and Ravi Jagannathan #13625 (AP) - Taxes and the Global Allocation of Capital
David Backus, Espen Henriksen, and Kjetil Storesletten #13624 (IFM, PE) - Information, School Choice, and Academic Achievement: Evidence from Two Experiments
Justine S. Hastings and Jeffrey M. Weinstein #13623 (CH, ED, PE) - Happiness, Contentment and Other Emotions for Central Banks
Rafael Di Tella and Robert MacCulloch #13622 (ME, PE, POL) - Do On-Line Labor Market Intermediaries Matter? The Impact of AlmaLaurea on the University-to-Work Transition
Manuel F. Bagues and Mauro Sylos Labini #13621 (LS) - Pass-through of Exchange Rates and Competition Between Floaters and Fixers
Paul R. Bergin and Robert C. Feenstra #13620 (IFM, ITI) - Foreign Capital and Economic Growth
Eswar S. Prasad, Raghuram G. Rajan, and Arvind Subramanian #13619 (EFG, IFM) - Do Multinationals' R&D Activities Stimulate Indigenous Entrepreneurship? Evidence from China's "Silicon Valley"
Hongbin Cai, Yasuyuki Todo, and Li-An Zhou #13618 (IO, ITI) - Teacher Credentials and Student Achievement in High School: A Cross-Subject Analysis with Student Fixed Effects
Charles T. Clotfelter, Helen F. Ladd, and Jacob L. Vigdor #13617 (ED) - Technology, International Trade, and Pollution from U.S. Manufacturing
Arik Levinson #13616 (EEE, IO, ITI) - Relative Goods' Prices and Pure Inflation
Ricardo Reis and Mark W. Watson #13615 (EFG, ME) - Revisiting the Income Effect: Gasoline Prices and Grocery Purchases
Dora Gicheva, Justine Hastings, and Sofia Villas-Boas #13614 (EEE, EFG, IO, PE) - The Transmission of Domestic Shocks in the Open Economy
Christopher J. Erceg, Christopher Gust, and David López-Salido #13613 (IFM, ME) - Goods Trade and International Equity Portfolios
Fabrice Collard, Harris Dellas, Behzad Diba, and Alan Stockman #13612 (IFM, ITI) - The Affine Arbitrage-Free Class of: Nelson-Siegel Term Structure Models
Jens H. E. Christensen, Francis X. Diebold, and Glenn D. Rudebusch #13611 (AP, EFG, IFM) - Routes of Infection: Exports and HIV Incidence in Sub-Saharan Africa
Emily Oster #13610 (HE, LS) - Mechanisms for the Association Between Maternal Employment and Child Cognitive Development
John Cawley and Feng Liu #13609 (CH, ED, LS) - The Economic Consequences of Legal Origins
Rafael La Porta, Florencio Lopez-de-Silanes, and Andrei Shleifer #13608 (CF) - New Framework for Measuring and Managing Macrofinancial Risk and Financial Stability
Dale F. Gray, Robert C. Merton, and Zvi Bodie #13607 (IFM, ME)
Week of November 5, 2007
- Segregation and Black Political Efficacy
Elizabeth Oltmans Ananat and Ebonya L. Washington #13606 (POL) - Canada's Pioneering Experience with a Flexible Exchange Rate in the 1950s:(Hard) Lessons Learned for Monetary Policy in a Small Open Economy
Michael D. Bordo, Ali Dib, and Lawrence Schembri #13605 (ME, IFM) - Financial Risk in the Biotechnology Industry
Joseph H. Golec and John A. Vernon #13604 (HE) - Business Cycle Fluctuations and the Life Cycle: How Important is On-The-Job Skill Accumulation?
Gary D. Hansen and Selo Imrohoroglu #13603 (EFG) - Capital Flows to Developing Countries: The Allocation Puzzle
Pierre-Olivier Gourinchas and Olivier Jeanne #13602 (IFM, ITI) - Did Firms Substitute Dividends for Share Repurchases after the 2003 Reductions in Shareholder Tax Rates?
Jennifer L. Blouin, Jana Smith Raedy, and Douglas A. Shackelford #13601 (PE, CF) - Maternal Employment and Childhood Obesity: A Search for Mechanisms in Time Use Data
John Cawley and Feng Liu #13600 (CH, HC, HE, LS) - The Mortality Cost to Smokers
W. Kip Viscusi and Joni Hersch #13599 (HE, LE, LS) - The Political-Economy Positive Role of the Social Security System in Sustaining Immigration (But Not Vice Versa)
Edith Sand and Assaf Razin #13598 (IFM, PE, LS) - Bank Failures in Theory and History: The Great Depression and Other "Contagious" Events
Charles W. Calomiris #13597 (CF, DAE) - Whoa, Nellie! Empirical Tests of College Football's Conventional Wisdom
Trevon D. Logan #13596 (DAE) - Body Composition and Wages
Roy Wada and Erdal Tekin #13595 (HE, LS) - Measuring the Values for Time
Raymond B. Palmquist, Daniel J. Phaneuf, and V. Kerry Smith #13594 (EEE, LS) - Incentive Conflict In Central-Bank Responses to Sectoral Turmoil in Financial Hub Countries
Edward J. Kane #13593 (CF, POL, ME) - Measuring the Welfare Gain from Personal Computers
Jeremy Greenwood and Karen A. Kopecky #13592 (EFG, PR) - Modeling Great Depressions: The Depression in Finland in the 1990s
Juan Carlos Conesa, Timothy J. Kehoe, and Kim J. Ruhl #13591 (EFG) - Policy with Dispersed Information
George-Marios Angeletos and Alessandro Pavan #13590 (EFG, ME) - Factor Endowments and the Returns to Skill: New Evidence from the American Past
Joseph Kaboski and Trevon D. Logan #13589 (DAE, LS) - Global Yield Curve Dynamics and Interactions: A Dynamic Nelson-Siegel Approach
Francis X. Diebold, Canlin Li, and Vivian Z. Yue #13588 (AP, EFG, IFM) - Too Good to Be True? An Examination of Three Economic Assessments of California Climate Change Policy
Robert Stavins, Judson Jaffe, and Todd Schatzki #13587 (EEE)
Week of October 22, 2007
- The Impacts of Renminbi Appreciation on Trades Flows and Reserve Accumulation in a Monetary Trade Model
Li Wang and John Whalley #13586 (IFM) - How Much Uncompensated Care do Doctors Provide?
Jonathan Gruber and David Rodriguez #13585 (HC) - Real Options in a Dynamic Agency Model, with Applications to Financial Development, IPOs, and Business Risk
Thomas Philippon and Yuliy Sannikov #13584 (CF, EFG) - Fertility, Female Labor Force Participation, and the Demographic Dividend
David E. Bloom, David Canning, Günther Fink, and Jocelyn E. Finlay #13583 (HE, LS) - Temporary Help Services Employment in Portugal, 1995-2000
Rene Boeheim and Ana Rute Cardoso #13582 (LS) - Evaluating the Impure Chinese VAT Relative to a Pure Form in a Simple Monetary Trade Model with an Endogenous Trade Surplus
John Whalley and Li Wang #13581 (ITI, PE) - How the World Achieved Consensus on Monetary Policy
Marvin Goodfriend #13580 (EFG, ME) - Social Reinforcement: Cascades, Entrapment and Tipping
Geoffrey Heal and Howard Kunreuther #13579 (EEE, PE) - Who Gets What from Employer Pay or Play Mandates?
Richard V. Burkhauser and Kosali I. Simon #13578 (HC, HE) - Foreign Capital and Economic Growth in the First Era of Globalization
Michael D. Bordo and Christopher M. Meissner #13577 (DAE, IFM, ITI) - Immigration and Crime in Early 20th Century America
Carolyn Moehling and Anne Morrison Piehl #13576 (DAE, LS) - Environmental Law and Policy
Richard L. Revesz and Robert Stavins #13575 (EEE) - Environmental Economics
Robert N. Stavins #13574 (EEE, PE) - Water Demand Under Alternative Price Structures
Sheila Olmstead, W. Michael Hanemann, and Robert N. Stavins #13573 (EEE, PE) - What Drives Land-Use Change in the United States? A National Analysis of Landowner Decisions
Ruben N. Lubowski, Andrew J. Plantinga, and Robert N. Stavins #13572 (EEE) - Endogenous Discounting, the World Saving Glut and the U.S. Current Account
Horag Choi, Nelson C. Mark, and Donggyu Sul #13571 (IFM) - Corporate Financial Policies With Overconfident Managers
Ulrike Malmendier, Geoffrey Tate, and Jun Yan #13570 (CF, LS) - Assessing Monetary Policy Effects Using Daily Fed Funds Futures Contracts
James D. Hamilton #13569 (ME, AP) - Long-Run Changes in the U.S. Wage Structure: Narrowing, Widening, Polarizing
Claudia Goldin and Lawrence F. Katz #13568 (DAE, LS) - Victory or Repudiation? The Probability of the Southern Confederacy Winning the Civil War
Marc D. Weidenmier and Kim Oosterlinck #13567 (DAE) - A Multiplier Approach to Understanding the Macro Implications of Household Finance
YiLi Chien, Harold Cole, and Hanno Lustig #13555 (AP, EFG)
Week of October 15, 2007
- Will Monetary Policy Become More of a Science?
Frederic S. Mishkin #13566 (IFM, ME) - Financial Literacy and Stock Market Participation
Maarten van Rooij, Annamaria Lusardi, and Rob Alessie #13565 (AG) - Eminent Domain Versus Government Purchase of Land Given Imperpect Information About Owners' Valuation
Steven Shavell #13564 (LE) - On Optimal Legal Change, Past Behavior, and Grandfathering
Steven Shavell #13563 (LE) - Voting as a Rational Choice: Why and How People Vote to Improve the Well-Being of Others
Aaron Edlin, Andrew Gelman , and Noah Kaplan #13562 (LE, POL) - Is the Food and Drug Administration Safe and Effective?
Tomas J. Philipson and Eric Sun #13561 (HC, HE, LE) - Financiers vs. Engineers: Should the Financial Sector be Taxed or Subsidized?
Thomas Philippon #13560 (CF, EFG, PE) - Enforcement Problems and Secondary Markets
Fernando A. Broner, Alberto Martin, and Jaume Ventura #13559 (IFM, AP) - Transfers in Cash and In Kind: Theory Meets the Data
Janet Currie and Firouz Gahvari #13557 (PE, POL) - Globalization and Inflation Dynamics: the Impact of Increased Competition
Argia M. Sbordone #13556 (EFG, ME) - The Incidence of a U.S. Carbon Tax: A Lifetime and Regional Analysis
Kevin A. Hassett, Aparna Mathur, and Gilbert E. Metcalf #13554 (EEE, PE) - China's Exports and Employment
Robert C. Feenstra and Chang Hong #13552 (ITI) - Entrepreneurship and the City
Edward L. Glaeser #13551 (PE) - Measuring Ancient Inequality
Branko Milanovic, Peter H. Lindert, and Jeffrey G. Williamson #13550 (DAE, EFG) - Still the Economy, Stupid: Economic Voting in the 2004 Presidential Election
Jeffrey S. DeSimone and Courtney LaFountain #13549 (PE, POL) - Do Tax Cuts Starve the Beast: The Effect of Tax Changes on Government Spending
Christina D. Romer and David H. Romer #13548 (DAE, EFG, ME, PE) - Star Scientists, Innovation and Regional and National Immigration
Lynne G. Zucker and Michael R. Darby #13547 (PR) - The Impact of Milton Friedman on Modern Monetary Economics: Setting the Record Straight on Paul Krugman's "Who Was Milton Friedman?"
Edward Nelson and Anna J. Schwartz #13546 (ME) - Rent Seeking and the Unveiling of 'De Facto' Institutions: Development and Colonial Heritage within Brazil
Joana Naritomi, Rodrigo R. Soares, and Juliano J. Assun磯 #13545 (EFG) - Optimal Monetary Policy and the Sources of Local-Currency Price Stability
Giancarlo Corsetti, Luca Dedola, and Sylvain Leduc #13544 (IFM, ME) - Was Postwar Suburbanization "White Flight"? Evidence from the Black Migration
Leah Platt Boustan #13543 (DAE, LS) - Macroeconomic Modeling for Monetary Policy Evaluation
Jordi Gal�nd Mark Gertler #13542 (EFG, ME) - Sex Differences in Obesity Rates in Poor Countries: Evidence from South Africa
Anne Case and Alicia Menendez #13541 (AG, HE) - Hold-up, Asset Ownership, and Reference Points
Oliver Hart #13540 (CF, LE) - Mosquitoes: The Long-term Effects of Malaria Eradication in India
David Cutler, Winnie Fung, Michael Kremer, and Monica Singhal #13539 (CH, ED, HC, HE, LS, PE) - An Agency Theory of Dividend Taxation
Raj Chetty and Emmanuel Saez #13538 (CF, PE) - Rational and Behavioral Perspectives on the Role of Annuities in Retirement Planning
Jeffrey R. Brown #13537 (AG, PE) - Labor Market Status and Transitions during the Pre-Retirement Years: Learning from International Differences
Arie Kapteyn, James P. Smith, Arthur van Soest, and James Banks #13536 (AG, LS) - Do Political Parties Matter? Evidence from U.S. Cities
Fernando Ferreira and Joseph Gyourko #13535 (PE, POL) - Estimating Marginal Returns to Higher Education in the UK
Robert Moffitt #13534 (ED, PE) - Demographic Change and the Structure of Wages: A Demand-Theoretic Analysis for Brazil
Ernesto F. L. Amaral, Daniel S. Hamermesh, Joseph E. Potter, and Eduardo L.G. Rios-Neto #13533 (LS) - Productivity and U.S. Macroeconomic Performance: Interpreting the Past and Predicting the Future with a Two-Sector Real Business Cycle Model
Peter N. Ireland and Scott Schuh #13532 (ME, EFG) - Export Dynamics in Colombia: Firm-Level Evidence
Jonathan Eaton, Marcela Eslava, Maurice Kugler , and James Tybout #13531 (ITI) - What Have We Learned From Market Design?
Alvin E. Roth #13530 (HC, LS) - The Effects of a Centralized Clearinghouse on Job Placement, Wages, and Hiring Practices
Muriel Niederle and Alvin E. Roth #13529 (HE, LS) - Employer Health Insurance Mandates and the Risk of Unemployment
Katherine Baicker and Helen Levy #13528 (HC, LS) - The Changing Role of Family Income and Ability in Determining Educational Achievement
Philippe Belley and Lance Lochner #13527 (ED, LS, PE) - The Evolution of Inequality, Heterogeneity and Uncertainty in Labor Earnings in the U.S. Economy
Flavio Cunha and James J. Heckman #13526 (EFG) - The Accrual Anomaly: Exploring the Optimal Investment Hypothesis
Jin Ginger Wu, Lu Zhang, and X. Frank Zhang #13525 (AP) - School Finance Reform: Assessing General Equilibrium Effects
Dennis N. Epple and Maria Marta Ferreyra #13524 (CH, ED, PE) - The Changing Nature of Wage Inequality
Thomas Lemieux #13523 (LS) - Dynamic Product Repositioning in Differentiated Product Markets: The Case of Format Switching in the Commercial Radio Industry
Andrew Sweeting #13522 (IO) - Shocks, Structures or Monetary Policies? The Euro Area and US After 2001
Lawrence Christiano, Roberto Motto, and Massimo Rostagno #13521 (EFG, , ME) - The Role of Temporary Help Employment in Low-wage Worker Advancement
Carolyn J. Heinrich, Peter R. Mueser, and Kenneth R. Troske #13520 (LS) - The Impact of Research Grant Funding on Scientific Productivity
Brian Jacob and Lars Lefgren #13519 (AG, HC, HE, PE, PR) - Housing and the Monetary Transmission Mechanism
Frederic S. Mishkin #13518 (EFG, ME)
Week of October 8, 2007
- Computing Stochastic Dynamic Economic Models with a Large Number of State Variables: A Description and Application of a Smolyak-Collocation Method
Benjamin Malin, Dirk Krueger, and Felix Kubler #13517 (EFG, IFM) - Observational Learning: Evidence from a Randomized Natural Field Experiment
Hongbin Cai, Yuyu Chen, and Hanming Fang #13516 (LS, PE) - Openness, Technology Capital, and Development
Ellen McGrattan and Edward C. Prescott #13515 (EFG, IFM, ITI) - The Effect of Grade Retention on High School Completion
Brian Jacob and Lars Lefgren #13514 (CH, ED, LS) - The Value of Scarce Water: Measuring the Inefficiency of Municipal Regulations
Erin T. Mansur and Sheila M. Olmstead #13513 (EEE, IO) - Averting Regulatory Enforcement: Evidence from New Source Review
Nathaniel Keohane, Erin T. Mansur, and Andrey Voynov #13512 (EEE, IO) - Do Oligopolists Pollute Less? Evidence from a Restructured Electricity Market
Erin T. Mansur #13511 (EEE, IO) - Prices vs. Quantities: Environmental Regulation and Imperfect Competition
Erin T. Mansur #13510 (EEE, IO) - Measuring Welfare in Restructured Electricity Markets
Erin T. Mansur #13509 (EEE, IO) - Is Real-Time Pricing Green? The Environmental Impacts of Electricity Demand Variance
Stephen P. Holland and Erin T. Mansur #13508 (EEE, IO) - Vertical Arrangements, Market Structure, and Competition An Analysis of Restructured Uhttp://papers.nber.org/papers/w13517.S. Electricity Markets
James B. Bushnell, Erin T. Mansur, and Celeste Saravia #13507 (EEE, IO) - Fear, Unemployment and Migration
David G. Blanchflower and Chris Shadforth #13506 (LS, EFG, ME) - Is Unemployment More Costly Than Inflation?
David G. Blanchflower #13505 (LS, ME, EFG) - Advisors and Asset Prices: A Model of the Origins of Bubbles
Harrison Hong, Jose A. Scheinkman, and Wei Xiong #13504 (AP, CF) - Income Tax Design and the Desirability of Subsidies to Secondary Workers in a Household Model with Joint and Non-Joint Time
Edgar Cudmore, John Piggott, and John Whalley #13503 (LS, PE) - Two Reasons Why Money and Credit May be Useful in Monetary Policy
Lawrence Christiano, Roberto Motto, and Massimo Rostagno #13502 (EFG, ME) - The Welfare Effects of Public Drug Insurance
Darius Lakdawalla and Neeraj Sood #13501 (HC, HE, PE) - The Economics of Inefficient Technology Use
Paul Beaudry and Patrick Francois #13500 (EFG, PR) - Unmeasured Investment and the Puzzling U.S. Boom in the 1990s
Ellen R. McGrattan and Edward C. Prescott #13499 (EFG) - Heterogeneous Impact of the "Seguro Popular" Program on the Utilization of Obstetrical Services in Mexico, 2001-2006: A Multinomial Probit Model with a Discrete Endogenous Variable
Sandra G. Sosa-Rubi, Omar Galarraga, and Jeffrey E. Harris #13498 (HC, HE, PE) - "Lost" on the Web: Does Web Distribution Stimulate or Depress Television Viewing?
Joel Waldfogel #13497 (IO) - Housing Price Volatility and Downsizing in Later Life
James Banks, Richard Blundell, Zo렏ldfield, and James P. Smith #13496 (AG) - The Income Gradient in Children's Health: A Comment on Currie, Shields and Wheatley Price
Anne Case, Diana Lee, and Christina Paxson #13495 (CH, HE, HC) - Wages, Violence and Health in the Household
Anna Aizer #13494 (CH, HE, LS) - Information Technology and Medical Missteps: Evidence from a Randomized Trial
Jonathan C. Javitt, James B. Rebitzer, and Lonny Reisman #13493 (HC, LS) - Love, Hate and Murder: Commitment Devices in Violent Relationships
Anna Aizer and Pedro Dal B3492 (CH, HE, LS) - Migration Creation, Diversion, and Retention: New Deal Grants and Migration: 1935-1940
Todd Sorensen , Price V. Fishback, Samuel Allen, and Shawn E. Kantor #13491 (DAE) - Structural Uncertainty and the Value of Statistical Life in the Economics of Catastrophic Climate Change
Martin Weitzman #13490 (EEE, PE) - Sudden Stops: Determinants and Output Effects in the First Era of Globalization, 1880-1913
Michael D. Bordo, Alberto F. Cavallo, and Christopher M. Meissner #13489 (DAE, IFM) - Overweight in Adolescents: Implications for Health Expenditures
Alan C. Monheit, Jessica P. Vistnes, and Jeannette A. Rogowski #13488 (HE)
Week of October 1, 2007
- Computing Stochastic Dynamic Economic Models with a Large Number of State Variables: A Description and Application of a Smolyak-Collocation Method
Benjamin Malin, Dirk Krueger, and Felix Kubler #t0345 (TWP) - Optimal Mortgage Refinancing: A Closed Form Solution
Sumit Agarwal, John C. Driscoll, and David Laibson #13487 (, AP, EFG, PE) - The Informal Sector
Áureo de Paula and José A. Scheinkman #13486 (PE) - The Effects of Work-Conditioned Transfers on Marriage and Child Well-Being: A Review
Jeffrey Grogger and Lynn Karoly #13485 (CH, LS, PE) - Co-Authoring Advanced Art
David Galenson #13484 (LS) - The International Diversification Puzzle Is Not As Bad As You Think
Jonathan Heathcote and Fabrizio Perri #13483 (EFG, IFM) - Risk Tolerance and Alcohol Demand Among Adults and Older Adults
Dhaval Dave and Henry Saffer #13482 (HE) - Reference Points and the Theory of the Firm
Oliver D. Hart #13481 (CF, LE) - Personnel Economics
Edward P. Lazear and Paul Oyer #13480 (CF, LE, LS) - Childhood Disadvantage and Obesity: Is Nurture Trumping Nature?
Patricia M. Anderson, Kristin F. Butcher, and Diane Whitmore Schanzenbach #13479 (CH, LS) - The Lifetime Costs and Benefits of Medical Technology
David M. Cutler #13478 (AG, HC, HE) - Social Interactions and Smoking
David M. Cutler and Edward L. Glaeser #13477 (AG, HC, HE) - New Age Thinking: Alternative Ways of Measuring Age, Their Relationship to Labor Force Participation, Goverment Policies and GDP
John B. Shoven #13476 (AG, PE)
Week of September 24, 2007
- Wall Street and Silicon Valley: A Delicate Interaction
George-Marios Angeletos, Guido Lorenzoni, and Alessandro Pavan #13475 (AP, CF, EFG) - Child Mental Health and Human Capital Accumulation: The Case of ADHD Revisited
Jason Fletcher and Barbara L. Wolfe #13474 (CH, HE, ED) - Measuring the Returns to R&D: The Depreciation Problem
Bronwyn H. Hall #13473 (IO, PR) - Local Solutions to Global Problems: Policy Choice and Regulatory Jurisdiction
James Bushnell, Carla Peterman, and Catherine Wolfram #13472 (EEE, IO) - Housing, Credit Markets and the Business Cycle
Martin S. Feldstein #13471 (EFG, ME) - Facts and Fallacies about U.S. FDI in China
Lee Branstetter and C. Fritz Foley #13470 (ITI) - Why Development Levels Differ: The Sources of Differential Economic Growth in a Panel of High and Low Income Countries
Charles R. Hulten and Anders Isaksson #13469 (PR) - An Asset-Pricing View of External Adjustment
Anna Pavlova and Roberto Rigobon #13468 (IFM) - Parental Education and Child Health: Evidence from a Natural Experiment in Taiwan
Shin-Yi Chou, Jin-Tan Liu, Michael Grossman, and Theodore J. Joyce #13466 (HE) - Trade Shocks and Labor Adjustment: A Structural Empirical Approach
Erhan Artuc, Shubham Chaudhuri, and John McLaren #13465 (ITI, LS) - Some Simple Analytics of Trade and Labor Mobility
Shubham Chaudhuri and John McLaren #13464 (ITI, LS) - Trade Shocks and Labor Adjustment: Theory
Stephen Cameron, Shubham Chaudhuri, and John McLaren #13463 (ITI, LS) - Why Did Ghettos "Go Bad"? Evidence from the US Postal Service
Leah Platt Boustan and Robert A. Margo #13462 (DAE, LS) - Family Structure and the Treatment of Childhood Asthma
Alex Y. Chen, MD, MSHS and José Escarce, MD, PhD #13461 (CH, HC) - Social Networks and Access to Health Care Among Mexican-Americans
Carole Roan Gresenz, Jeannette Rogowski, and José J. Escarce #13460 (HC) - Is the "Surge" Working? Some New Facts
Michael Greenstone #13458 (EEE, LE, LS, PE) - Why is Economic Policy Different in New Democracies? Affecting Attitudes About Democracy
Adi Brender and Allan Drazen #13457 (PE, POL) - Measuring the Compactness of Political Districting Plans
Roland G. Fryer, Jr and Richard T. Holden #13456 (LS, PE, POL)
Week of September 17, 2007
- Prices and Market Shares in a Menu Cost Model
Ariel Burstein and Christian Hellwig #13455 (EFG, ME) - Public Policies against Global Warming
Hans-Werner Sinn #13454 (EEE, PE) - Pareto Optimality in the Extraction of Fossil Fuels and the Greenhouse Effect: A Note
Hans-Werner Sinn #13453 (EEE, PE) - How Airlines Market Work...Or Do They? Regulatory Reform in the Airline Industry
Severin Borenstein and Nancy L. Rose #13452 (IO) - The Antebellum U.S. Iron Industry: Domestic Production and Foreign Competition
Joseph H. Davis and Douglas A. Irwin #13451 (DAE) - Trade Restrictiveness and Deadweight Losses from U.S. Tariffs, 1859-1961
Douglas A. Irwin #13450 (DAE, ITI) - Construction and Interpretation of Model-Free Implied Volatility
Torben G. Andersen and Oleg Bondarenko #13449 (AP) - No-Arbitrage Taylor Rules
Andrew Ang, Sen Dong, and Monika Piazzesi #13448 (AP, EFG, ME) - Intra-Industry Foreign Direct Investment
Laura Alfaro and Andrew Charlton #13447 (ITI) - The Smuggling of Art, and the Art of Smuggling: Uncovering the Illicit Trade in Cultural Property and Antiques
Raymond Fisman and Shang-Jin Wei #13446 (ITI, POL) - Custom Made Versus Ready to Wear Treatments; Behavioral Propensities in Physician's Choices
Richard G. Frank and Richard J. Zeckhauser #13445 (HC) - News and Business Cycles in Open Economies
Nir Jaimovich and Sergio Rebelo #13444 (EFG, IFM) - Is Gaining Access to Selective Elementary Schools Gaining Ground? Evidence From Randomized Lotteries
Julie Berry Cullen and Brian A. Jacob #13443 (CH, ED, LS, PE) - Labor Supply Responses to Large Social Transfers: Longitudinal Evidence from South Africa
Cally Ardington, Anne Case, and Victoria Hosegood #13442 (AG, CH, PE, LS) - Reassessing the WIC Effect: Evidence from the Pregnancy Nutrition Surveillance System
Theodore Joyce, Andrew D. Racine, and Cristina Yunzal-Butler #13441 (CH, HE) - Financial Integration within EU Countries: The Role of Institutions, Confidence and Trust
Mehmet Fatih Ekinci, Sebnem Kalemli-Ozcan, and Bent Sorensen #13440 (IFM)
Week of September 10, 2007
- Policy vs. Consumer Pressure: Innovation and Diffusion of Alternative Bleaching Technologies in the Pulp Industry
David Popp, Tamara Hafner, and Nick Johnstone #13439 (EEE, PR) - Skill Biased Financial Development: Education, Wages and Occupations in the U.S. Financial Sector
Thomas Philippon and Ariell Reshef #13437 (CF, DAE, EFG, LS) - Socioeconomic Disadvantage and Early Childbearing
Melissa S. Kearney and Phillip B. Levine #13436 (CH, HE, LS) - Institutions and Foreign Investment: China versus the World
Joseph P.H. Fan, Randall Morck, Lixin Colin Xu, and Bernard Yeung #13435 (CF) - Temporary Help Agencies and the Advancement Prospects of Low Earners
Fredrik Andersson, Harry J. Holzer, and Julia Lane #13434 (LS) - Financial Exchange Rates and International Currency Exposures
Philip Lane and Jay C. Shambaugh #13433 (IFM) - Currency Choice and Exchange Rate Pass-through
Gita Gopinath, Oleg Itskhoki, and Roberto Rigobon #13432 (EFG, IFM, ME, ITI) - Institutions and U.S. Regional Development: A Study of Massachusetts and Virginia
Sukkoo Kim #13431 (DAE, POL) - Linearity-Generating Processes: A Modelling Tool Yielding Closed Forms for Asset Prices
Xavier Gabaix #13430 (AP, EFG) - Health Status, Health Care and Inequality: Canada vs. the U.S.
June E. O'Neill and Dave M. O'Neill #13429 (HC, HE) - Housing IS the Business Cycle
Edward E. Leamer #13428 (EFG, ME) - Testing Limits to Policy Reversal: Evidence from Indian Privatizations
Siddhartha G. Dastidar, Raymond Fisman, and Tarun Khanna #13427 (CF, POL) - The market value of patents and R&D: Evidence from European firms
Bronwyn H. Hall, Grid Thoma, and Salvatore Torrisi #13426 (IO, PR) - What Has Financed Government Debt?
Hess Chung and Eric M. Leeper #13425 (EFG) - International Portfolios with Supply, Demand and Redistributive Shocks
Nicolas Coeurdacier, Robert Kollmann, and Philippe Martin #13424 (AP, IFM, ITI) - Estimating the Equity Premium
John Y. Campbell #13423 (AP, ME) - Peer Effects in the Workplace: Evidence from Random Groupings in Professional Golf Tournaments
Jonathan Guryan, Kory Kroft, and Matt Notowidigdo #13422 (LS)
Week of September 3, 2007
- Do Instrumental Variables Belong in Propensity Scores?
Jay Bhattacharya and William B. Vogt #t0343 (TWP) - Rank-1/2: A Simple Way to Improve the OLS Estimation of Tail Exponents
Xavier Gabaix and Rustam Ibragimov #t0342 (TWP) - Reassessing the Ins and Outs of Unemployment
Robert Shimer #13421 (EFG, LS) - Psychology and Economics: Evidence from the Field
Stefano DellaVigna #13420 (AP, IO, LS, PE, POL) - Cracking the Conundrum
David K. Backus and Jonathan H. Wright #13419 (AP, ME) - Keep on Scrapping: The Salvage Drives of World War II
Hugh Rockoff #13418 (DAE) - Hatred and Profits: Getting Under the Hood of the Ku Klux Klan
Roland G. Fryer, Jr and Steven D. Levitt #13417 (DAE, LS, PE) - Risks and Prices: The Role of User Sanctions in Marijuana Markets
Rosalie Liccardo Pacula, Beau Kilmer, Michael Grossman, and Frank J. Chaloupka #13415 (HE) - Bayesian and Adaptive Optimal Policy under Model Uncertainty
Lars E.O. Svensson and Noah M. Williams #13414 (EFG, ME) - On the Welfare Implications of Financial Globalization without Financial Development
Enrique G. Mendoza, Vincenzo Quadrini, and José-Victor Ríos-Rull #13412 (EFG, IFM) - Long-term consequences of vietnam-era conscription: schooling, experience, and earnings
Joshua D. Angrist and Stacey H. Chen #13411 (ED, HE, LS) - Identification with Taylor Rules: A Critical Review
John H. Cochrane #13410 (EFG, ME) - Inflation Determination With Taylor Rules: A Critical Review
John H. Cochrane #13409 (EFG, ME) - The Effects of Mandatory Seatbelt Laws on Seatbelt Use, Motor Vehicle Fatalities, and Crash-Related Injuries among Youths
Christopher S. Carpenter and Mark Stehr #13408 (HE) - Health and Labor Market Consequences of Eliminating Federal Disability Benefits for Substance Abusers
Pinka Chatterji and Ellen Meara #13407 (HC, HE) - Aggregate Demand and Supply
Roger E. A. Farmer #13406 (EFG, ME, POL) - Factor Analysis in a Model with Rational Expectations
Andreas Beyer, Roger E. A. Farmer, Jérôme Henry, and Massimiliano Marcellino #13404 (EFG, ME) - The Baring Crisis and the Great Latin American Meltdown of the 1890s
Kris James Mitchener and Marc D. Weidenmier #13403 (DAE, IFM) - The Power of the Pill for the Next Generation
Elizabeth Oltmans Ananat and Daniel M. Hungerman #13402 (CH, PE, LS) - Equilibrium Portfolio Strategies in the Presence of Sentiment Risk and Excess Volatility
Bernard Dumas, Alexander Kurshev, and Raman Uppal #13401 (AP) - Aid Volatility and Poverty Traps
Pierre-Richard Agénor and Joshua Aizenman #13400 (ITI) - Consolidation of Banks in Japan: Causes and Consequences
Kaoru Hosono, Koji Sakai, and Kotaro Tsuru #13399 (ME, IO) - On the Optimal Choice of a Monetary Policy Instrument
Andrew Atkeson, V. V. Chari, and Patrick J. Kehoe #13398 (EFG, IFM, ME) - Comparing Greenbook and Reduced Form Forecasts using a Large Realtime Dataset
Jon Faust and Jonathan H. Wright #13397 (EFG, IFM, ME) - Realizing the Gains From Trade: Export Crops, Marketing Costs, and Poverty
Jorge Balat, Irene Brambilla, and Guido Porto #13395 (ITI) - An Empirical Investigation of Labor Income Processes
Fatih Guvenen #13394 (EFG, LS, PE) - The Breakup of the Euro Area
Barry Eichengreen #13393 (DAE, IFM, POL) - Conspicuous Consumption and Race
Kerwin Kofi Charles, Erik Hurst, and Nikolai Roussanov #13392 (AG, EFG, LS, PE) - Leadership in Groups: A Monetary Policy Experiment
Alan S. Blinder and John Morgan #13391 (EFG, ME) - Capital Taxation and Ownership when Markets are Incomplete
Emmanuel Farhi #13390 (EFG, PE) - Task Specialization, Comparative Advantages, and the Effects of Immigration on Wages
Giovanni Peri and Chad Sparber #13389 (ITI, LS) - Current Account Adjustment: Some New Theory and Evidence
Jiandong Ju and Shang-Jin Wei #13388 (IFM, ITI) - Understanding Trust
Paola Sapienza, Anna Toldra, and Luigi Zingales #13387 (CF) - Teen Smoking and Birth Outcomes
MaryBeth Walker, Erdal Tekin, and Sally Wallace #13386 (CH, HE) - The Impact of Uncertainty Shocks
Nicholas Bloom #13385 (CF, EFG, IFM, ME, PR) - Long-Term Effects Of The 1959-1961 China Famine: Mainland China and Hong Kong
Douglas Almond, Lena Edlund, Hongbin Li, and Junsen Zhang #13384 (AG, CH, HE) - Prescription Drug Coverage and Elderly Medicare Spending
Baoping Shang and Dana P. Goldman #13358 (HC, AG, PE)
Week of August 27, 2007
- A Tax on Work for the Elderly: Medicare as a Secondary Payer
Gopi Shah Goda, John B. Shoven, and Sita Nataraj Slavov #13383 (AG) - Social Security and the Timing of Divorce
Gopi Shah Goda, John B. Shoven, and Sita Nataraj Slavov #13382 (AG) - The Changing Landscape of Pensions in the United States
James Poterba, Steven Venti, and David A. Wise #13381 (AG) - Going Off Parole: How the Elimination of Discretionary Prison Release Affects the Social Cost of Crime
Ilyana Kuziemko #13380 (LS, PE) - Imperfect Knowledge of Pension Plan Type
Alan L. Gustman, Thomas Steinmeier, and Nahid Tabatabai #13379 (AG, LS, PE) - Partisan Bias in Economic News: Evidence on the Agenda-Setting Behavior of U.S. Newspapers
Valentino Larcinese, Riccardo Puglisi, and James M. Snyder, Jr. #13378 (POL) - Artists and the Market: From Leonardo and Titian to Andy Warhol and Damien Hirst
David Galenson #13377 (LS) - Please Pass the Catch-up The Relative Performance of Chinese and Foreign Firms in Chinese Exports
Bruce Blonigen and Alyson Ma #13376 (ITI) - Time-Inconsistency and Welfare Program Participation: Evidence from the NLSY
Hanming Fang and Dan Silverman #13375 (LS, PE) - The Effect of Alcohol Consumption on Mortality Regression: Discontinuity Evidence from the Minimum Drinking Age
Christopher Carpenter and Carlos Dobkin #13374 (HC, HE) - Culture as Learning: The Evolution of Female Labor Force Participation over a Century
Raquel Fernandez #13373 (EFG, LS) - A Calibratable Model of Optimal CEO Incentives in Market Equilibrium
Alex Edmans, Xavier Gabaix, and Augustin Landier #13372 (CF, EFG) - Dynamic Inefficiencies in Employment-Based Health Insurance System Theory and Evidence
Hanming Fang and Alessandro Gavazza #13371 (HC, IO, LS, PE) - Conversations Among Competitors
Jeremy C. Stein #13370 (CF) - The Role of Religious and Social Organizations in the Lives of Disadvantaged Youth
Rajeev Dehejia, Thomas DeLeire, Erzo F.P. Luttmer, and Joshua Mitchell #13369 (CH, LS, PE) - The Macroeconomic Effects of Oil Shocks: Why are the 2000s So Different from the 1970s?
Olivier J. Blanchard and Jordi Gali #13368 (EFG) - The Long-Term Effects of Africa's Slave Trades
Nathan Nunn #13367 (ITI) - Information Immobility and the Home Bias Puzzle
Stijn Van Nieuwerburgh and Laura Veldkamp #13366 (AP, EFG, IFM, ME) - Labor Market Rigidities, Trade and Unemployment
Elhanan Helpman and Oleg Itskhoki #13365 (ITI) - East Asia and Global Imbalances: Saving, Investment, and Financial Development
Hiro Ito and Menzie Chinn #13364 (IFM) - Accounting for the Rise in Consumer Bankruptcies
Igor Livshits, James MacGee, and Michèle Tertilt #13363 (EFG) - Nonseparable Preferences and Optimal Social Security Systems
Borys Grochulski and Narayana Kocherlakota #13362 (EFG, PE) - Mortgage Timing
Ralph S.J Koijen, Otto Van Hemert, and Stijn Van Nieuwerburgh #13361 (AP, CF, EFG, IFM) - The Relative Performance of Real Estate Marketing Platforms: MLS versus FSBOMadison.com
Igal Hendel, Aviv Nevo, and François Ortalo-Magné #13360 (IO, PE)
Week of August 20, 2007
- Empirical Asset Pricing and Statistical Power in the Presence of Weak Risk Factors
A. Craig Burnside #13357 (AP, EFG, IFM) - Do Teacher Absences Impact Student Achievement? Longitudinal Evidence from One Urban School District
Raegen T. Miller, Richard J. Murnane, and John B. Willett #13356 (ED, LS) - Detecting Illegal Arms Trade
Stefano DellaVigna and Eliana La Ferrara #13355 (AP, LS, POL) - Optimal Capital Income Taxation
Andrew B. Abel #13354 (EFG, PE) - Investment Cycles and Sovereign Debt Overhang
Mark Aguiar, Manuel Amador, and Gita Gopinath #13353 (EFG, IFM, ITI, PE) - The Impact of Employer Matching on Savings Plan Participation under Automatic Enrollment
John Beshears, James J. Choi, David Laibson, and Brigitte C. Madrian #13352 (AG, EFG, LS, PE) - The Evolution of Inequality in Productivity and Wages: Panel Data Evidence
Giulia Faggio, Kjell Salvanes, and John Van Reenen #13351 (LS, PR) - Contracting for Government Services: Theory and Evidence from U.S. Cities
Jonathan Levin and Steven Tadelis #13350 (IO, PE) - China's WTO Entry: Antidumping, Safeguards, and Dispute Settlement
Chad P. Bown #13349 (ITI) - Diversity and Crowd-out: A Theory of Cold-Glow Giving
Daniel M. Hungerman #13348 (CH, PE)http://papers.nber.org/papers/w13343 - Chernobyl's Subclinical Legacy: Prenatal Exposure to Radioactive Fallout and School Outcomes in Sweden
Douglas Almond, Lena Edlund, and Mårten Palme #13347 (AG, CH, EEE, ED, HE, LS) - China's Experience Under the Multifiber Arrangement (MFA) and the Agreement on Textiles and Clothing (ATC)
Irene Brambilla, Amit Khandelwal, and Peter Schott #13346 (ITI) - Uncovering the American Dream: Inequality and Mobility in Social Security Earnings Data since 1937
Wojciech Kopczuk, Emmanuel Saez, and Jae Song #13345 (DAE, LS, PE) - Returns to Apprenticeship Training in Austria: Evidence from Failed Firms
Josef Fersterer, Jörn-Steffen Pischke, and Rudolf Winter-Ebmer #13344 (LS) - The Wrong Side(s) of the Tracks Estimating the Causal Effects of Racial Segregation on City Outcomes
Elizabeth Oltmans Ananat #13343 (CH) - Evidence about the Potential Role for Affirmative Action in Higher Education
Braz Camargo, Todd Stinebrickner, and Ralph Stinebrickner #13342 (ED, LS) - The Causal Effect of Studying on Academic Performance
Todd R. Stinebrickner and Ralph Stinebrickner #13341 (ED) - The Effect of Credit Constraints on the College Drop-Out Decision A Direct Approach Using a New Panel Study
Todd R. Stinebrickner and Ralph Stinebrickner #13340 (ED) - Why Tie A Product Consumers Do Not Use?
Dennis W. Carlton, Joshua S. Gans, and Michael Waldman #13339 (IO) - Is Distance Dying at Last? Falling Home Bias in Fixed Effects Models of Patent Citations
Rachel Griffith, Sokbae Lee, and John Van Reenen #13338 (LS, PR) - Imputing Risk Tolerance from Survey Responses
Miles S. Kimball, Claudia R. Sahm, and Matthew D. Shapiro #13337 (AP, EFG, ME) - Small Family, Smart Family? Family Size and the IQ Scores of Young Men
Sandra E. Black, Paul J. Devereux, and Kjell G. Salvanes #13336 (CH, ED, LS) - The Curious Dawn of American Public Schools
Sun Go and Peter H. Lindert #13335 (DAE, ED, POL, PE) - Reevaluating the Modernization Hypothesis
Daron Acemoglu, Simon Johnson, James A. Robinson, and Pierre Yared #13334 (POL, EFG, DAE) - The Value of Life Near its End and Terminal Care
Gary Becker, Kevin Murphy, and Tomas Philipson #13333 (HC, HE) - Profit Sharing Between Governments and Multinationals in Natural Resource Extraction: Evidence From a Firm-Level Panel
Margaret S. McMillan and Andrew R. Waxman #13332 (ITI) - Industry Compensation and the Costs of Alternative Environmental Policy Instruments
A. Lans Bovenberg, Lawrence H. Goulder, and Mark R. Jacobsen #13331 (EEE, PE) - Salience and Taxation: Theory and Evidence
Raj Chetty, Adam Looney, and Kory Kroft #13330 (LE, LS, PE) - Globalization and Monetary Control
Michael Woodford #13329 (IFM, ME) - Explaining the Effects of Government Spending Shocks on Consumption and the Real Exchange Rate
Morten O. Ravn, Stephanie Schmitt-Grohé, and Martín Uribe #13328 (EFG, IFM) - Are Franchises Bad Employers?
Peter Cappelli and Monika Hamori #13327 (LS) - Innovation, firm dynamics, and international trade
Andrew Atkeson and Ariel Burstein #13326 (EFG, ITI, IO, PR) - How Important is Money in the Conduct of Monetary Policy?
Michael Woodford #13325 (ME, EFG) - The height of US-born non-Hispanic children and adolescents ages 2-19, born 1942-2002 in the NHANES Samples
John Komlos and Ariane Breitfelder #13324 (HE) - Race and Charitable Church Activity
Daniel M. Hungerman #13323 (CH, PE) - Close to You? Bias and Precision in Patent-Based Measures of Technological Proximity
Mary Benner and Joel Waldfogel #13322 (IO, PR) - Strategic Judicial Decision Making
Pablo T. Spiller and Rafael Gely #13321 (LE, POL) - Bubbles in Prices of Exhaustible Resources
Boyan Jovanovic #13320 (PR, EEE) - To Segregate or to Integrate: Education Politics and Democracy
David de la Croix and Matthias Doepke #13319 (ED, EFG, POL) - Exchange Rate Models Are Not as Bad as You Think
Charles Engel, Nelson C. Mark, and Kenneth D. West #13318 (IFM, ME) - Income, Aging, Health and Wellbeing Around the World: Evidence from the Gallup World Poll
Angus Deaton #13317 (AG, EFG, HE, PE) - Optimal Property Rights in Financial Contracting
Kenneth Ayotte and Patrick Bolton #13316 (CF) - Investment during the Korean Financial Crisis: A Structural Econometric Analysis
Simon Gilchrist and Jae W. Sim #13315 (EFG, IFM, ITI, ME) - Estimating Discount Functions with Consumption Choices over the Lifecycle
David Laibson, Andrea Repetto, and Jeremy Tobacman #13314 (EFG) - Returns on FDI: Does the U.S. Really Do Better?
Barry Bosworth, Susan M. Collins, and Gabriel Chodorow-Reich #13313 (IFM, PE) - Adaptive Minimax-Regret Treatment Choice, With Application To Drug Approval
Charles F. Manski #13312 (HC, HE, PE) - Escape from the City? The Role of Race, Income, and Local Public Goods in Post-War Suburbanization
Leah Platt Boustan #13311 (DAE)
Week of August 6, 2007
- Pairwise-core Monetary Trade in the Lagos-Wright Model
Tai-wei Hu, John Kennan, and Neil Wallace #13310 (EFG) - Social Identity and Preferences
Daniel J. Benjamin, James J. Choi, and A. Joshua Strickland #13309 (AG, LS) - From "White Christmas" to Sgt. Pepper: The Conceptual Revolution in Popular Music
David Galenson #13308 (LS) - Investment Options and the Business Cycle
Boyan Jovanovic #13307 (PR, EFG) - Wage and Productivity Premiums in Sub-Saharan Africa
Johannes Van Biesebroeck #13306 (LS, PR) - The Power of TV: Cable Television and Women's Status in India
Robert Jensen and Emily Oster #13305 (LS) - Clinical Pathways to Disability
Mary Beth Landrum, Kate A. Stewart, and David M. Cutler #13304 (AG, HC) - Class Size and Sorting in Market Equilibrium: Theory and Evidence
Miguel Urquiola and Eric Verhoogen #13303 (ED) - Spatial Growth and Industry Age
Klaus Desmet and Esteban Rossi-Hansberg #13302 (EFG, PR) - Returns to Local-Area Health Care Spending: Using Health Shocks to Patients Far From Home
Joseph J. Doyle, Jr. #13301 (AG, HC, HE) - Many Children Left Behind? Textbooks and Test Scores in Kenya
Paul Glewwe, Michael Kremer, and Sylvie Moulin #13300 (ED, POL) - Big Bad Banks? The Impact of U.S. Branch Deregulation on Income Distribution
Thorsten Beck, Ross Levine, and Alexey Levkov #13299 (CF, DAE, EFG) - A Comment on Nishimura, Nakajima, and Kiyota's "Does the natural selection mechanism still work in severe recessions? Examination of the Japanese economy in the 1990s"
Tae Okada and Charles Yuji Horioka #13298 (IO, PR, LS) - Improved Access to Foreign Markets Raises Plant-Level Productivity ... for Some Plants
Alla Lileeva and Daniel Trefler #13297 (ITI, PR) - Employment, Innovation, and Productivity: Evidence from Italian Microdata
Bronwyn H. Hall, Francesca Lotti, and Jacques Mairesse #13296 (IO, PR, LS)
Week of July 30, 2007
- Deterministic and Stochastic Prisoner's Dilemma Games: Experiments in Interdependent Security
Howard Kunreuther, Gabriel Silvasi, Eric T. Bradlow, and Dylan Small #t0341 (TWP) - Estimates of the Magnitude of Financial and Tax Reporting Conflicts
George A. Plesko #13295 (PE) - Why Don't Inventors Patent?
Petra Moser #13294 (DAE, PR) - Left Behind By Design: Proficiency Counts and Test-Based Accountability
Derek Neal and Diane Whitmore Schanzenbach #13293 (CH, ED, LS) - Mechanisms and Impacts of Gender Peer Effects at School
Victor Lavy and Analía Schlosser #13292 (CH, ED, LS) - Child Protection and Adult Crime: Using Investigator Assignment to Estimate Causal Effects of Foster Care
Joseph J. Doyle, Jr. #13291 (CH, LE) - Misallocation and Manufacturing TFP in China and India
Chang-Tai Hsieh and Peter J. Klenow #13290 (EFG, PR) - Age, Socioeconomic Status and Obesity Growth
Charles L. Baum II and Christopher J. Ruhm #13289 (AG, HC, HE) - Differences in Governance Practices between U.S. and Foreign Firms: Measurement, Causes, and Consequences
Reena Aggarwal, Isil Erel, René Stulz, and Rohan Williamson #13288 (CF) - Island Matching
Dale T. Mortensen #13287 (EFG) - Trade and the Diffusion of the Industrial Revolution
Robert E. Lucas, Jr. #13286 (EFG)
Week of July 16, 2007
- The Identification and Economic Content of Ordered Choice Models with Stochastic Thresholds
Flavio Cunha, James J. Heckman, and Salvador Navarro #t0340 (TWP) - Fundamentals, Market Timing, and Seasoned Equity Offerings
Harry DeAngelo, Linda DeAngelo, and René M. Stulz #13285 (CF) - The Basic Public Finance of Public-Private Partnerships
Eduardo Engel, Ronald Fischer, and Alexander Galetovic #13284 (IO, PE) - Institutional Tax Clienteles and Payout Policy
Mihir A. Desai and Li Jin #13283 (AP, CF, PE) - Neoclassical Factors
Long Chen and Lu Zhang #13282 (AP, CF, EFG) - Taxes and Portfolio Choice: Evidence from JGTRRA's Treatment of International Dividends
Mihir A. Desai and Dhammika Dharmapala #13281 (AP, CF, IFM, ITI, PE) - Flattened Inflation-Output Tradeoff and Enhanced Anti-Inflation Policy: Outcome of Globalization?
Assaf Razin and Alon Binyamini #13280 (IFM, ME) - From Brown to Busing
Elizabeth Cascio, Nora Gordon, Ethan Lewis, and Sarah Reber #13279 (CH, DAE, ED, PE) - Understanding the Forward Premium Puzzle: A Microstructure Approach
Craig Burnside, Martin S. Eichenbaum, and Sergio Rebelo #13278 (EFG, IFM, ME) - Large Hoarding of International Reserves and the Emerging Global Economic Architecture
Joshua Aizenman #13277 (ITI) - The Effect of Internal Migration on Local Labor Markets: American Cities During the Great Depression
Leah Platt Boustan, Price V. Fishback, and Shawn E. Kantor #13276 (DAE, LS) - Pension Plan Characteristics and Framing Effects in Employee Savings Behavior
David Card and Michael Ransom #13275 (LS) - Conflicts of Interests Among Shareholders: The Case of Corporate Acquisitions
Jarrad Harford, Dirk Jenter, and Kai Li #13274 (CF) - Aging, Saving, and Public Pensions in Japan
Charles Yuji Horioka, Wataru Suzuki, and Tatsuo Hatta #13273 (AG, PE) - Is Peer Review in Decline?
Glenn Ellison #13272 (IO, PR) - Multinationals and the Creation of Chinese Trade Linkages
Deborah L. Swenson #13271 (ITI) - Wall Street and Main Street: What Contributes to the Rise in the Highest Incomes?
Steven N. Kaplan and Joshua Rauh #13270 (CF, LS, PE) - Irreversible Investment, Capital Costs and Productivity Growth: Implications for Telecommunications
Jeffrey I. Bernstein and Theofanis P. Mamuneas #13269 (PR, IO, EFG) - When are Auctions Best?
Jeremy I. Bulow and Paul D. Klemperer #13268 (CF) - Consent and Exchange
Oren Bar-Gill and Lucian A. Bebchuk #13267 (LE) - Greenhouse Gas Reductions under Low Carbon Fuel Standards?
Stephen P. Holland, Christopher R. Knittel, and Jonathan E. Hughes #13266 (EEE, IO) - Bankruptcy Reform and Credit Cards
Michelle J. White #13265 (LE, CF, AP) - Optimal Monetary Policy in a 'Sudden Stop'
Fabio Braggion, Lawrence J. Christiano, and Jorge Roldos #13254 (EFG)
Week of July 9, 2007
- Unconditional Quantile Regressions
Sergio Firpo, Nicole M. Fortin, and Thomas Lemieux #0339 (LS, TWP) - The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks
Christina D. Romer and David H. Romer #13264 (DAE, EFG, ME, PE) - Fertility and the Real Exchange Rate
Andrew K. Rose and Saktiandi Supaat #13263 (AG, IFM) - Fraternity Membership and Drinking Behavior
Jeffrey S. DeSimone #13262 (HE) - How Did SCHIP Affect the Insurance Coverage of Immigrant Children?
Thomas Buchmueller, Anthony Lo Sasso, and Kathleen Wong #13261 (HC, HE) - Incomplete Markets, Heterogeneity and Macroeconomic Dynamics
Bruce Preston and Mauro Roca #13260 (EFG) - Central Bank Communication and Expectations Stabilization
Stefano Eusepi and Bruce Preston #13259 (EFG, ME) - French Wine and the U.S. Boycott of 2003: Does Politics Really Affect Commerce?
Orley Ashenfelter, Stephen Ciccarella, and Howard J. Shatz #13258 (ITI, LS, POL) - Does the Minimum Legal Drinking Age Save Lives?
Jeffrey A. Miron and Elina Tetelbaum #13257 (LE, PE) - US Faculty Patenting: Inside and Outside the University
Jerry Thursby, Anne Fuller, and Marie Thursby #13256 (IO, LE, PR) - Defining Price Stability in Japan: A View from America
Christian Broda and David E. Weinstein #13255 (ME) - Does Pollution Increase School Absences?
Janet Currie, Eric Hanushek, E. Megan Kahn, Matthew Neidell, and Steven Rivkin #13252 (CH, ED, EEE, HC, HE) - Agency Conflicts, Investment, and Asset Pricing
Rui Albuquerque and Neng Wang #13251 (AP, CF, EFG, IFM) - Investment, Consumption, and Hedging under Incomplete Markets
Jianjun Miao and Neng Wang #13250 (AP, CF, EFG) - The Fundamentals of Commodity Futures Returns
Gary B. Gorton, Fumio Hayashi, and K. Geert Rouwenhorst #13249 (AP) - The Effect of Taxes on Royalties and the Migration of Intangible Assets Abroad
John H. Mutti and Harry Grubert #13248 (ITI, PE) - Can Higher Prices Stimulate Product Use? Evidence from a Field Experiment in Zambia
Nava Ashraf, James Berry, and Jesse M. Shapiro #13247 (LS, HC) - What Do Nonprofits Maximize? Nonprofit Hospital Service Provision and Market Ownership Mix
Jill R. Horwitz and Austin Nichols #13246 (HC, IO)
Week of July 2, 2007
- Arbitrage-Free Bond Pricing with Dynamic Macroeconomic Models
Michael F. Gallmeyer, Burton Hollifield, Francisco Palomino, and Stanley E. Zin #13245 (AP, ME) - Net Worth, Exchange Rates, and Monetary Policy: The Effects of a Devaluation in a Financially Fragile Environment
Domenico Delli Gatti, Mauro Gallegati, Bruce C. Greenwald, and Joseph E. Stiglitz #13244 (IFM) - Giffen Behavior: Theory and Evidence
Robert T. Jensen and Nolan H. Miller #13243 (AG) - Labor Market Institutions Around the World
Richard B. Freeman #13242 (LS) - Trade and Capital Flows: A Financial Frictions Perspective
Pol Antràs and Ricardo J. Caballero #13241 (CF, EFG, IFM, ITI) - Risk Shifting versus Risk Management: Investment Policy in Corporate Pension Plans
Joshua Rauh #13240 (CF, PE) - Explaining Product Price Differences Across Countries
Robert E. Lipsey and Birgitta Swedenborg #13239 (IFM, ITI, PR) - "Cooperative Federalism" as a Strategic Interaction: Voluntary Decentralization in Environmental Policy
Leah G. Traub and Hilary Sigman #13238 (EEE, PE) - Older and Wiser? Birth Order and IQ of Young Men
Sandra E. Black, Paul J. Devereux, and Kjell G. Salvanes #13237 (CH, ED, LS) - A Unified Framework for Measuring Preferences for Schools and Neighborhoods
Patrick Bayer, Fernando Ferreira, and Robert McMillan #13236 (ED, PE) - How Does Outsourcing Affect Performance Dynamics? Evidence from the Automobile Industry
Sharon Novak and Scott Stern #13235 (IO, PR) - The Impact of Uncertain Intellectual Property Rights on the Market For Ideas: Evidence From Patent Grant Delays
Joshua S. Gans, David H. Hsu, and Scott Stern #13234 (IO, PR) - The Same Yet Different: Worker Reports on Labour Practices and Outcomes in a Single Firm Across Countries
Richard B. Freeman, Douglas Kruse, and Joseph Blasi #13233 (LS) - Complementarity Among Vertical Integration Decisions: Evidence from Automobile Product Development
Sharon Novak and Scott Stern #13232 (IO, PR) - Comparative Advantage in Cyclical Unemployment
Mark Bils, Yongsung Chang, and Sun-Bin Kim #13231 (EFG) - Employment Law and the Labor Market
Christine M. Jolls #13230 (LE, LS) - Why are Immigrants' Incarceration Rates so Low? Evidence on Selective Immigration, Deterrence, and Deportation
Kristin Butcher and Anne Piehl #13229 (LE, LS) - The Welfare Cost of Asymmetric Information: Evidence from the U.K. Annuity Market
Liran Einav, Amy Finkelstein, and Paul Schrimpf #13228 (AG, HC, IO, PE) - Extreme Weather Events, Mortality and Migration
Olivier Deschenes and Enrico Moretti #13227 (EEE, HE, LS) - Measuring the Dynamics of Young and Small Businesses: Integrating the Employer and Nonemployer Universes
Steven J. Davis, John Haltiwanger, Ron S. Jarmin, C. J. Krizan, Javier Miranda, Alfred Nucci, and Kristin Sandusky #13226 (EFG, LS, PR) - Deferred Acceptance Algorithms: History, Theory, Practice, and Open Questions
Alvin E. Roth #13225 (LS, ED) - Sources of Lifetime Inequality
Mark Huggett, Gustavo Ventura, and Amir Yaron #13224 (EFG) - After Johnny Came Marching Home: The Political Economy of Veterans' Benefits in the Nineteenth Century
Sung Won Kang and Hugh Rockoff #13223 (DAE, POL) - Trade Growth under the African Growth and Opportunity Act
Garth Frazer and Johannes Van Biesebroeck #13222 (ITI) - Does Age Structure Forecast Economic Growth?
David E. Bloom, David Canning, Guenther Fink, and Jocelyn E. Finlay #13221 (AG, EFG, HE, LS, PE) - Risk Based Explanations of the Equity Premium
John Donaldson and Rajnish Mehra #13220 (AP) - What Determines Giving to Hurricane Katrina Victims? Experimental Evidence on Income, Race, and Fairness
Christina M. Fong and Erzo F.P. Luttmer #13219 (PE, POL) - Governance, Issuance Restrictions, And Competition In Payment Card Networks
Robert S. Pindyck #13218 (Ihttp://papers.nber.org/papers/w13246O) - Mental Health in Childhood and Human Capital
Janet Currie and Mark Stabile #13217 (CH, HC, LS) - Optimal Reserve Management and Sovereign Debt
Laura Alfaro and Fabio Kanczuk #13216 (IFM, PE) - The Guy at the Controls: Labor Quality and Power Plant Efficiency
James B. Bushnell and Catherine Wolfram #13215 (EEE, IO) - Zeros, Quality and Space: Trade Theory and Trade Evidence
Richard Baldwin and James Harrigan #13214 (ITI) - The New Market for Federal Judicial Law Clerks
Christopher Avery, Christine Jolls, Richard Posner, and Alvin E. Roth #13213 (LE, LS) - Dynamics of Union Organizations: A Look at Gross Flows in the LORS Files
Thomas J. Holmes and Michael Walrath #13212 (LS, PR) - Should We Drill in the Arctic National Wildlife Refuge? An Economic Perspective
Matthew J. Kotchen and Nicholas E. Burger #13211 (EEE, PE) - Wage Structure and Labor Mobility in the Netherlands 1999-2003
Lex Borghans and Ben Kriechel #13210 (LS) - Aggregate Implications of Credit Market Imperfections
Kiminori Matsuyama #13209 (EFG, IFM, ITI)
Week of June 25, 2007
- Economic and Political Inequality in Development: The Case of Cundinamarca, Colombia
Daron Acemoglu, María Angélica Bautista, Pablo Querubín, and James A. Robinson #13208 (DAE, POL) - Banking and Interest Rates in Monetary Policy Analysis: A Quantitative Exploration
Marvin Goodfriend and Bennett T. McCallum #13207 (AP, EFG, ME) - Racial Discrimination Among NBA Referees
Joseph Price and Justin Wolfers #13206 (LE, LS) - Random Walk Expectations and the Forward Discount Puzzle
Philippe Bacchetta and Eric van Wincoop #13205 (IFM) - Liquidity and Trading Dynamics
Veronica Guerrieri and Guido Lorenzoni #13204 (EFG, ME) - Offshoring in a Ricardian World
Andrés Rodríguez-Clare #13203 (ITI) - Managerial Ownership Dynamics and Firm Value
Rüdiger Fahlenbrach and René M. Stulz #13202 (CF) - Information Diffusion Effects in Individual Investors' Common Stock Purchases Covet Thy Neighbors' Investment Choices
Zoran Ivkovich and Scott Weisbenner #13201 (AP) - Government Investment and the European Stability and Growth Pact
Marco Bassetto and Vadym Lepetyuk #13200 (EFG) - Monetary Policy and Business Cycles with Endogenous Entry and Product Variety
Florin O. Bilbiie, Fabio Ghironi, and Marc J. Melitz #13199 (EFG, ME) - Spin-offs and the Market for Ideas
Satyajit Chatterjee and Esteban Rossi-Hansberg #13198 (EFG, IO) - The Two Crises of International Economics
Michael P. Dooley, Peter M. Garber, and David Folkerts-Landau #13197 (IFM) - Long-Run Risks and Financial Markets
Ravi Bansal #13196 (AP, EFG, IFM) - The Economics, Technology and Neuroscience of Human Capability Formation
James J. Heckman #13195 (HE, ED, LS) - Latin America's Access to International Capital Markets: Good Behavior or Global Liquidity?
Ana Fostel and Graciela Laura Kaminsky #13194 (IFM) - School Desegregation and Educational Attainment for Blacks
Sarah J. Reber #13193 (ED) - From Separate and Unequal to Integrated and Equal? School Desegregation and School Finance in Louisiana
Sarah J. Reber #13192 (ED) - The Age of Reason: Financial Decisions Over the Lifecycle
Sumit Agarwal, John C. Driscoll, Xavier Gabaix, and David Laibson #13191 (AG, AP, EFG) - Wisdom and Creativity in Old Age: Lessons from the Impressionists
David W. Galenson #13190 (LS) - Investor Sentiment in the Stock Market
Malcolm Baker and Jeffrey Wurgler #13189 (AP, CF) - Maternal employment, breastfeeding, and health: Evidence from maternity leave mandates
Michael Baker and Kevin S. Milligan #13188 (CH, HE, LS) - Climate Change, Mortality, and Adaptation: Evidence from Annual Fluctuations in Weather in the US
Olivier Deschênes and Michael Greenstone #13178 (CH, EEE, HC, HE, LS, PE)
Week of June 11, 2007
- An Analysis of the Performance of Federal Indigent Defense Counsel
Radha Iyengar #13187 (LS) - Does the Certainty of Arrest Reduce Domestic Violence? Evidence from Mandatory and Recommended Arrest laws
Radha Iyengar #13186 (LS) - Demographic Change, Relative Factor Prices, International Capital Flows, and Their Differential Effects on the Welfare of Generations
Alexander Ludwig, Dirk Krueger, and Axel H. Boersch-Supan #13185 (AG, PE, IFM) - Capitalism and Democracy in 2040: Forecasts and Speculations
Robert W. Fogel #13184 (ED, EFG, DAE) - A Framework for Identifying the Sources of Local-Currency Price Stability with an Empirical Application
Pinelopi K. Goldberg and Rebecca Hellerstein #13183 (IFM, IO, ITI) - A Professor Like Me: The Influence of Instructor Gender on College Achievement
Florian Hoffman and Philip Oreopoulos #13182 (CH, ED, LS) - Current and Future Prevalence of Obesity and Severe Obesity in the United States
Christopher J. Ruhm #13181 (HC, HE, PE) - Democracy, Technology, and Growth
Philippe Aghion, Alberto Alesina, and Francesco Trebbi #13180 (POL, EFG) - Gender Roles and Technological Progress
Stefania Albanesi and Claudia Olivetti #13179 (DAE, EFG, LS) - Interest Rate Rules, Inflation Stabilization, and Imperfect Credibility: The Small Open Economy Case
Guillermo A. Calvo #13177 (IFM, ME) - Assessment of U.S. Cap-and-Trade Proposals
Sergey Paltsev, John M. Reilly, Henry D. Jacoby, Angelo C. Gurgel, Gilbert E. Metcalf, Andrei P. Sokolov , and Jennifer F. Holak #13176 (PE, EEE) - Diffusion of Common Application Membership and Admissions Outcomes at American Colleges and Universities
Albert Yung-Hsu Liu, Ronald G. Ehrenberg, and Jesenka Mrdjenovic #13175 (ED, LS) - Investment and the Cost of Capital: New Evidence from the Corporate Bond Market
Simon Gilchrist and Egon Zakrajsek #13174 (EFG, ME) - Portfolio Choices with Near Rational Agents: A Solution to Some International-Finance Puzzles
Pierpaolo Benigno #13173 (AP, IFM) - Information, Technology and Information Worker Productivity: Task Level Evidence
Sinan Aral, Erik Brynjolfsson, and Marshall Van Alstyne #13172 (IO, PR) - Business Groups and the Big Push: Meiji Japan's Mass Privatization and Subsequent Growth
Randall Morck and Masao Nakamura #13171 (CF, IO, EFG) - Development Through Synergistic Reform
James E. Rauch #13170 (ITI) - Individual Account Investment Options and Portfolio Choice: Behavioral Lessons from 401(k) Plans
Jeffrey R. Brown, Nellie Liang, and Scott Weisbenner #13169 (AG, PE, AP) - Neighbors Matter: Causal Community Effects and Stock Market Participation
Jeffrey R. Brown, Zoran Ivkovich, Paul A. Smith, and Scott Weisbenner #13168 (AG, AP, PE) - Why Has Unemployment Risen in the New South Africa
Abhijit Banerjee, Sebastian Galiani, Jim Levinsohn, Zoë McLaren, and Ingrid Woolard #13167 (ITI, LS) - How Structural Are Structural Parameters?
Jesus Fernandez-Villaverde and Juan F. Rubio-Ramirez #13166 (EFG - Predictable Returns and Asset Allocation: Should a Skeptical Investor Time the Market?
Jessica A. Wachter and Missaka Warusawitharana #13165 (AP) - Why Doesn't Capitalism Flow to Poor Countries?
Rafael Di Tella and Robert MacCulloch #13164 (PE, POL) - Choosing Agents and Monitoring Consumption: A Note on Wealth as a Corruption-Controlling Device
Rafael Di Tella and Federico Weinschelbaum #13163 (PE, POL)
Week of June 4, 2007
- Women, Wealth and Mobility
Lena Edlund and Wojciech Kopczuk #13162 (DAE, EFG, LS, PE, PR) - Spatial Mismatch or Racial Mismatch?
Judith K. Hellerstein, David Neumark, and Melissa McInerney #13161 (LS) - Estate Taxation, Entrepreneurship, and Wealth
Marco Cagetti and Mariacristina De Nardi #13160 (PE) - Happiness Adaptation to Income and to Status in an Individual Panel
Rafael Di Tella, John Haisken-De New, and Robert MacCulloch #13159 (POL) - Economic Experiments and Neutrality in Internet Access
Shane Greenstein #13158 (PR) - Investment Spikes: New Facts and a General Equilibrium Exploration
Francois Gourio and Anil K Kashyap #13157 (IFM, EFG) - The Adoption and Diffusion of Organizational Innovation: Evidence for the U.S. Economy
Lisa M. Lynch #13156 (LS, PR) - Product Differentiation, Multi-product Firms and Estimating the Impact of Trade Liberalization on Productivity
Jan De Loecker #13155 (PR, ITI) - Segmented Asset Markets and Optimal Exchange Rate Regimes
Amartya Lahiri, Rajesh Singh, and Carlos A. Vegh #13154 (IFM) - Pioneers, Submariners, or Thicket-builders: Which Firms Use Continuations in Patenting?
Deepak Hegde, David C. Mowery, and Stuart Graham #13153 (PR, IO) - Altruism and the Child-Cycle of Alumni Giving
Jonathan Meer and Harvey S. Rosen #13152 (ED, PE) - Exchange Rate Fundamentals and Order Flow
Martin D. D. Evans and Richard K. Lyons #13151 (AP, IFM) - The Growth Effect of Democracy: Is It Heterogenous and How Can It Be Estimated?
Torsten Persson and Guido Tabellini #13150 (IFM, POL, EFG) - Offshoring and Unemployment
Devashish Mitra and Priya Ranjan #13149 (ITI) - Domestic Institutions and the Bypass Effect of Financial Globalization
Jiandong Ju and Shang-Jin Wei #13148 (IFM, CF) - Inflation Dynamics
Frederic S. Mishkin #13147 (EFG, ME) - Patents and the Survival of Internet-related IPOs
Iain M. Cockburn and Stefan Wagner #13146 (IO, PR) - The Simple Economics of Extortion: Evidence from Trucking in Aceh
Benjamin A. Olken and Patrick Barron #13145 (IO, PE, POL) - Outsourcing and Volatility
Paul R. Bergin, Robert C. Feenstra, and Gordon H. Hanson #13144 (ITI) - In Search of the Transmission Mechanism of Fiscal Policy
Roberto Perotti #13143 (IFM, EFG, PE)
Week of May 28, 2007
- Instrumental Variables Estimation of Heteroskedastic Linear Models Using All Lags of Instruments
Kenneth D. West, Ka-fu Wong, and Stanislav Anatolyev #0338 (TWP) - Bargaining Around the Hearth
Robert A. Pollak #13142 (LE, LS) - Patent Reform: Aligning Reward and Contribution
Carl Shapiro #13141 (LE, IO) - "The Best Price You'll Ever Get" The 2005 Employee Discount Pricing Promotions in the U.S. Automobile Industry
Meghan R. Busse, Duncan Simester, and Florian Zettelmeyer #13140 (IO) - Good Jobs, Bad Jobs, and Trade Liberalization
Donald R. Davis and James Harrigan #13139 (ITI, LS) - Labor Unrest and the Quality of Production: Evidence from the Construction Equipment Resale Market
Alexandre Mas #13138 (LS) - Individuals' Use of Care While Uninsured: Effects of Time Since Episode Inception and Episode Length
Carole Roan Gresenz, Jeannette Rogowski, and José J. Escarce #13137 (HC) - Revisiting the Supply-Side Effects of Government Spending Under Incomplete Markets
George-Marios Angeletos and Vasia Panousi #13136 (EFG, PE) - Directed Altruism and Enforced Reciprocity in Social Networks: How Much is A Friend Worth?
Stephen Leider, Markus M. Möbius, Tanya Rosenblat, and Quoc-Anh Do #13135 (LS) - Instrumental Variables Estimation of Heteroskedastic Linear Models Using All Lags of Instruments
Kenneth D. West, Ka-fu Wong, and Stanislav Anatolyev #13134 (AP, EFG, ME)
Week of May 21, 2007
- How Do Workplace Smoking Laws Work? Quasi-Experimental Evidence from Local Laws in Ontario, Canada
Christopher Carpenter #13133 (HE) - Taxes, Institutions and Foreign Diversification Opportunities
Mihir A. Desai and Dhammika Dharmapala #13132 (CF, IFM, ITI, PE) - Nominal versus Indexed Debt: A Quantitative Horse Race
Laura Alfaro and Fabio Kanczuk #13131 (IFM, ME, PE) - Sub-national Differentiation and the Role of the Firm in Optimal International Pricing
Edward J. Balistreri and James R. Markusen #13130 (ITI, IO) - The Cross-Section of Foreign Currency Risk Premia and Consumption Growth Risk: A Comment
Craig Burnside #13129 (AP, IFM) - Performance Pay and Wage Inequality
Thomas Lemieux, W. Bentley MacLeod, and Daniel Parent #13128 (LS) - The Time and Timing Costs of Market Work
Daniel S. Hamermesh and Stephen Donald #13127 (AG, LS, PE) - Trust and Social Collateral
Markus Mobius and Adam Szeidl #13126 (LS) - End-stage Renal Disease and Economic Incentives: The International Study of Health Care Organization and Financing
Avi Dor, Mark V. Pauly, Margaret A. Eichleay, and Philip J. Held #13125 (HC, HE) - Do Security Analysts Speak in Two Tongues?
Ulrike Malmendier and Devin Shanthikumar #13124 (AP, CF) - Precautionary Demand for Foreign Assets in Sudden Stop Economies: An Assessment of the New Merchantilism
Ceyhun Bora Durdu, Enrique G. Mendoza, and Marco E. Terrones #13123 (IFM) - Political Dynasties
Ernesto Dal Bó, Pedro Dal Bó, and Jason Snyder #13122 (POL, DAE) - The Small World of Investing: Board Connections and Mutual Fund Returns
Lauren Cohen, Andrea Frazzini, and Christopher Malloy #13121 (AP) - The Prospects for Sustained Growth in Africa: Benchmarking the Constraints
Simon Johnson, Jonathan D. Ostry, and Arvind Subramanian #13120 (CF, IFM, POL) - Debt Maturity: Is Long-Term Debt Optimal?
Laura Alfaro and Fabio Kanczuk #13119 (IFM, PE) - International Financial Integration and Entrepreneurial Firm Activity
Laura Alfaro and Andrew Charlton #13118 (IFM, ITI, PR) - Constrained After College: Student Loans and Early Career Occupational Choices
Jesse Rothstein and Cecilia Elena Rouse #13117 (CH, ED, LS) - Explaining Women's Success: Technological Change and the Skill Content of Women's Work
Sandra E. Black and Alexandra Spitz-Oener #13116 (LS, PR) - Implications of Search Frictions: Matching Aggregate and Establishment-level Observations
Russell Cooper, John Haltiwanger, and Jonathan L. Willis #13115 (EFG) - Why is the Dollar So High?
Martin Feldstein #13114 (IFM, ITI)
Week of May 14, 2007
- Incentives in Obesity and Health Insurance
Inas Rashad and Sara Markowitz #13113 (HE) - Daily Changes in Fed Funds Futures Prices
James D. Hamilton #13112 (ME) - Are Shocks to the Terms of Trade Shocks to Productivity?
Timothy J. Kehoe and Kim J. Ruhl #13111 (EFG) - Removing the Disincentives in Social Security for Long Careers
Gopi Shah Goda, John B. Shoven, and Sita Nataraj Slavov #13110 (AG) - Putting the Corporation in its Place
Timothy Guinnane, Ron Harris, Naomi R. Lamoreaux, and Jean-Laurent Rosenthal #13109 (DAE, LE, CF) - Cointegration and Consumption Risks in Asset Returns
Ravi Bansal, Robert Dittmar, and Dana Kiku #13108 (AP, EFG) - Rational Pessimism, Rational Exuberance, and Asset Pricing Models
Ravi Bansal, A. Ronald Gallant, and George Tauchen #13107 (AP) - Inequality and Institutions in 20th Century America
Frank Levy and Peter Temin #13106 (DAE, LS, POL) - The Joy of Giving or Assisted Living? Using Strategic Surveys to Separate Bequest and Precautionary Motives
John Ameriks, Andrew Caplin, Steven Laufer, and Stijn Van Nieuwerburgh #13105 (AG, AP, CH, EFG, HC, LS, PE) - Financing Development: The Role of Information Costs
Jeremy Greenwood, Juan M. Sanchez, and Cheng Wang #13104 (EFG, CF) - Das (Wasted) Kapital: Firm Ownership and Investment Efficiency in China
David Dollar and Shang-Jin Wei #13103 (IFM, CF) - Hit or Miss? The Effect of Assassinations on Institutions and War
Benjamin F. Jones and Benjamin A. Olken #13102 (EFG, POL) - Do Markets Care Who Chairs the Central Bank?
Kenneth N. Kuttner and Adam S. Posen #13101 (ME) - Assessing China's Exchange Rate Regime
Jeffrey A. Frankel and Shang-Jin Wei #13100 (IFM)
Week of May 7, 2007
- Monetary Policy Analysis with Potentially Misspecified Models
Marco Del Negro and Frank Schorfheide #13099 (EFG, ME) - Decentralization and Environmental Quality: An International Analysis of Water Pollution
Hilary Sigman #13098 (PE) - Environmental Policy as Social Policy? The Impact of Childhood Lead Exposure on Crime
Jessica Wolpaw Reyes #13097 (CH, HE, LS, PE) - Understanding the Evolution of the U.S. Wage Distribution: A Theoretical Analysis
Fatih Guvenen and Burhanettin Kuruscu #13096 (EFG, LS) - A Quantitative Analysis of the Evolution of the U.S. Wage Distribution: 1970-2000
Fatih Guvenen and Burhanettin Kuruscu #13095 (EFG, LS) - Productivity and Taxes as Drivers of FDI
Assaf Razin and Efraim Sadka #13094 (IFM, ITI) - When did Ownership Separate from Control? Corporate Governance in the Early Nineteenth Century
Eric Hilt #13093 (CF, DAE, LE) - Financial Frictions, Investment and Tobin's q
Guido Lorenzoni and Karl Walentin #13092 (CF, EFG) - Rise of 401(k) Plans, Lifetime Earnings, and Wealth at Retirement
James Poterba, Steven F. Venti, and David A. Wise #13091 (AG) - The Earnings Announcement Premium and Trading Volume
Owen Lamont and Andrea Frazzini #13090 (AP) - Credit Constraints and Stock Price Volatility
Galina Hale, Assaf Razin, and Hui Tong #13089 (IFM) - Global Currency Hedging
John Y. Campbell, Karine Serfaty-de Medeiros, and Luis M. Viceira #13088 (AP, IFM) - Health and the Evolution of Welfare across Brazilian Municipalities
Rodrigo R. Soares #13087 (HE) - Technology Transfer through Imports
Ram C. Acharya and Wolfgang Keller #13086 (EFG, ITI, PR) - Americans Do I.T. Better: US Multinationals and the Productivity Miracle
Nick Bloom, Raffaella Sadun, and John Van Reenen #13085 (LS, PR, EFG, ITI, IO) - Takeoffs
Joshua Aizenman and Mark Spiegel #13084 (EFG, IFM, ITI) - New Estimates of the Future Path of 401(k) Assets
James Poterba, Steven Venti, and David A. Wise #13083 (AG) - When Are Ghettos Bad? Lessons from Immigrant Segregation in the United States
David M. Cutler, Edward L. Glaeser, and Jacob L. Vigdor #13082 (LS) - Markets and Housing Finance
Veronica Cacdac Warnock and Francis E. Warnock #13081 (IFM, CF) - Changes in Workplace Segregation in the United States between 1990 and 2000: Evidence from Matched Employer-Employee Data
Judith Hellerstein, David Neumark, and Melissa McInerney #13080 (LS) - Has New York Become Less Competitive in Global Markets? Evaluating Foreign Listing Choices Over Time
Craig Doidge, G. Andrew Karolyi, and Rene M. Stulz #13079 (CF) - Information and Communications Technology in Chronic Disease Care: Why is Adoption So Slow and Is Slower Better?
Michael C. Christensen and Dahlia Remler #13078 (HC, HE) - Persistent Appreciations and Overshooting: A Normative Analysis
Ricardo J. Caballero and Guido Lorenzoni #13077 (EFG, IFM) - Why Do Emerging Economies Borrow Short Term?
Fernando A. Broner, Guido Lorenzoni, and Sergio L. Schmukler #13076 (EFG, IFM) - Price Dispersion under Costly Capacity and Demand Uncertainty
Diego Escobari and Li Gan #13075 (IO) - The Stability of Large External Imbalances: The Role of Returns Differentials
Stephanie E. Curcuru, Tomas Dvorak, and Francis E. Warnock #13074 (IFM) - Foreign Know-How, Firm Control, and the Income of Developing Countries
Ariel Burstein and Alexander Monge-Naranjo #13073 (EFG, IFM, ITI)
Week of April 23, 2007
- Naturally Occurring Markets and Exogenous Laboratory Experiments: A Case Study of the Winner's Curse
Glenn W. Harrison and John A. List #13072 (IO, PE) - The Rise of the Sunbelt
Edward L. Glaeser and Kristina Tobio #13071 (PE) - Does Female Schooling Reduce Fertility? Evidence from Nigeria
Una Okonkwo Osili and Bridget Terry Long #13070 (ED) - Strategic Entry Deterrence and the Behavior of Pharmaceutical Incumbents Prior to Patent Expiration
Glenn Ellison and Sara Fisher Ellison #13069 (IO) - What Causes Industry Agglomeration? Evidence from Coagglomeration Patterns
Glenn Ellison, Edward L. Glaeser, and William Kerr #13068 (PE) - Liquidity Constraints and Imperfect Information in Subprime Lending
William Adams, Liran Einav, and Jonathan Levin #13067 (EFG, IO, LE, LS, PE) - Worker Sorting, Taxes and Health Insurance Coverage
Kevin Lang and Hong Kang #13066 (HE, LS) - From Farming to International Business: The Social Auspices of Entrepreneurship in a Growing Economy
Kaivan Munshi #13065 (IO) - Wage and Labor Mobility in Denmark, 1980-2000
Tor Eriksson and Niels Westergaard-Nielsen #13064 (LS) - Determinants of Firm Boundaries: Empirical Analysis of the Japanese Auto Industry from 1984 to 2002
Sadao Nagaoka, Akira Takeishi, and Yoshihisa Noro #13063 (IO) - Volatility, Labor Market Flexibility, and the Pattern of Comparative Advantage
Alejandro Cuand Marc J. Melitz #13062 (ITI, LS) - Why Do Private Acquirers Pay So Little Compared to Public Acquirers?
Leonce Bargeron, Frederik Schlingemann, Rene M. Stulz, and Chad Zutter #13061 (CF, AP) - Identifying Technology Spillovers and Product Market Rivalry
Nick Bloom, Mark Schankerman, and John Van Reenen #13060 (IO, PR) - Changing Progressivity as a Means of Risk Protection in Investment-Based Social Security
Andrew A. Samwick #13059 (AG, PE) - An Economic Analysis of Platform Sharing
Arghya Ghosh and Hodaka Morita #13058 (IO)
Week of April 16, 2007
- Trade, Knowledge, and the Industrial Revolution
Kevin H. O'Rourke, Ahmed S. Rahman, and Alan M. Taylor #13057 (DAE, IFM, ITI, PR)
- The Incentives to Start New Companies: Evidence from Venture Capital
Robert E. Hall and Susan E. Woodward #13056 (EFG, IO, CF, AP)
- Globalization, Growth and Distribution in Spain 1500-1913
Joan R. Ros鳬 Kevin H. O'Rourke, and Jeffrey G. Williamson #13055 (DAE, EFG, IFM, ITI)
- Firms in International Trade
Andrew B. Bernard, J. Bradford Jensen, Stephen J. Redding, and Peter K. Schott #13054 (ITI)
- Endogenizing Technological Change: Matching Empirical Evidence to Modeling Needs
William A. Pizer and David Popp #13053 (PR)
- Tipping and the Dynamics of Segregation
David Card, Alexandre Mas, and Jesse Rothstein #13052 (LS, PE)
- The Power of the Family
Alberto Alesina and Paola Giuliano #13051 (LS, PE, POL)
- On the Rand: Determinants of the South African Exchange Rate
Jeffrey Frankel #13050 (IFM)
- HIV and Sexual Behavior Change: Why Not Africa?
Emily Oster #13049 (HE, LS)
- Market Access, Openness and Growth
John Romalis #13048 (ITI)
- The Continental Dollar: How Much was Issued and What Happened to It?
Farley Grubb #13047 (DAE, ME)
- Cigarette Taxes and Youth Smoking: New Evidence from National, State, & Local Youth Risk Behavior Surveys
Christopher Carpenter and Philip J. Cook #13046 (HE)
- Subsidized Contraception, Fertility, and Sexual Behavior
Melissa S. Kearney and Phillip B. Levine #13045 (CH, HE, LS, PE)
- Value Based Cost Sharing Meets the Theory of Moral Hazard: Medical Effectiveness in Insurance Benefits Design
Mark V. Pauly and Fredric E. Blavin #13044 (HC, HE, PE)
Week of April 9, 2007
- Regression Discontinuity Designs: A Guide to Practice
Guido Imbens and Thomas Lemieux #t0337 (TWP)
- Technology and the Demand for Skill:An Analysis of Within and Between Firm Differences
John M. Abowd, John Haltiwanger, Julia Lane, Kevin L. McKinney, and Kristin Sandusky #13043 (EFG, LS, PR)
- Return Persistence and Fund Flows in the Worst Performing Mutual Funds
Jonathan B. Berk and Ian Tonks #13042 (AP)
- Product Creation and Destruction: Evidence and Price Implications
Christian Broda and David E. Weinstein #13041 (EFG, ITI, ME)
- Trade Policy with Heterogeneous Traders: Do Quotas Get a Bum Rap?
Kala Krishna and Ling H. Tan #13040 (ITI)
- Regression Discontinuity Designs: A Guide to Practice
Guido Imbens and Thomas Lemieux #13039 (CH, ED, LS)
- Social Interactions with Endogenous Associations
Bruce A. Weinberg #13038 (CH, ED, LS)
- Risk, Government and Globalization: International Survey Evidence
Anna Maria Mayda, Kevin H. O'Rourke, and Richard Sinnott #13037 (ITI)
- The Causes and Consequences of Attending Historically Black Colleges and Universities
Roland G. Fryer and Michael Greenstone #13036 (ED, LS)
- Unbalanced Trade
Robert Dekle, Jonathan Eaton, and Samuel Kortum #13035 (IFM, ITI, PR)
- Bribery in Health Care in Peru and Uganda
Jennifer Hunt #13034 (LS, PE, HC)
- Intellectual Property Rights, Imitation, and Foreign Direct Investment: Theory and Evidence
Lee Branstetter, Raymond Fisman, C. Fritz Foley, and Kamal Saggi #13033 (ITI, PR)
- Sorting in the Labor Market: Do Gregarious Workers Flock to Interactive Jobs?
Alan B. Krueger and David Schkade #13032 (LS)
- Aggregation Reversals and the Social Formation of Beliefs
Edward L. Glaeser and Bruce Sacerdote #13031 (PE, POL)
- Rent Rigidity, Asymmetric Information, and Volatility Bounds in Labor Markets
Bjoern Bruegemann and Giuseppe Moscarini #13030 (EFG)
- Wage Mobility and Dynamics in Italy in the 90's
Bruno Contini, Roberto Leombruni, Lia Pacelli, and Claudia Villosio #13029 (LS)
- The Origins of State Capacity: Property Rights, Taxation, and Politics
Timothy Besley and Torsten Persson #13028 (IFM, POL, PE)
- The Reliability of Subjective Well-Being Measures
Alan B. Krueger and David A. Schkade #13027 (LS)
- Replication in Economics
Daniel S. Hamermesh #13026 (LS)
- Consumption Reponses to In-Kind Transfers: Evidence from the Introduction of the Food Stamp Program
Hilary W. Hoynes and Diane Schanzenbach #13025 (CH, LS, PE)
- Regularities
Laura X. L. Liu, Toni Whited, and Lu Zhang #13024 (AP, CF, EFG)
- Regionalization, Changes in Home Bias, and the Growth of World Trade
John Whalley and Xian Xin #13023 (ITI)
- The Katrina Effect: Was There a Bright Side to the Evacuation of Greater New Orleans?
Jacob L. Vigdor #13022 (ED, LS)
- Wage dispersion between and within plants: Sweden 1985-2000
Oskar Nordstr?kans, Per-Anders Edin, and Bertil Holmlund #13021 (LS)
- Collateral Damage: Exchange Controls and International Trade
Shang-Jin Wei and Zhiwei Zhang #13020 (IFM, ITI)
- Crises and Growth: A Latin American Perspective
Sebastian Edwards #13019 (IFM)
- Policy Distortions and Aggregate Productivity with Heterogeneous Plants
Diego Restuccia and Richard Rogerson #13018 (EFG, PR)
- Micro and Macro Elasticities in a Life Cycle Model With Taxes
Richard Rogerson and Johanna Wallenius #13017 (EFG, LS, PE)
Week of April 2, 2007
- The Productivity Argument for Investing in Young Children
James J. Heckman and Dimitriy V. Masterov #13016 (CH, ED, PE, PR)
- International Differences in Lean Production, Productivity and Employee Attitudes
Susan Helper and Morris M. Kleiner #13015 (IO, LS, PR)
- Human Capital, Bankruptcy and Capital Structure
Jonathan B. Berk, Richard Stanton, and Josef Zechner #13014 (AP, CF)
- Is the US Population Behaving Healthier?
David M. Cutler, Edward L. Glaeser, and Allison B. Rosen #13013 (AG, HC, HE)
- Does the Minimum Wage Cause Inefficient Rationing?
Erzo F.P. Luttmer #13012 (LS, PE)
- Creative Destruction and Firm-Specific Performance Heterogeneity
Hyunbae Chun, Jung-Wook Kim, Randall Morck, and Bernard Yeung #13011 (CF)
- Is Bad News About Inflation Good News for the Exchange Rate?
Richard Clarida and Daniel Waldman #13010 (AP, IFM, ME)
- No Child Left Behind: Estimating the Impact on Choices and Student Outcomes
Justine S. Hastings and Jeffrey M. Weinstein #13009 (CH, ED, PE)
- Factions and Political Competition
Nicola Persico, Jos頃arlos Rodr�ez-Pueblita, and Dan Silverman #13008 (PE, POL)
- Policy Analysis in a Matching Model with Intensive and Extensive Margins
Lei Fang and Richard Rogerson #13007 (EFG)
- Spill-Overs from Good Jobs
Paul Beaudry, David A. Green, and Benjamin Sand #13006 (LS)
- Bank Size and Lending Relationships in Japan
Hirofumi Uchida, Gregory F.Udell, and Wako Watanabe #13005 (CF, IO)
- Liquidity Risk Aversion, Debt Maturity, and Current Account Surpluses: A Theory and Evidence from East Asia
Shin-ichi Fukuda and Yoshifumi Kon #13004 (IFM)
- Central Bank Transparency: Where, Why, and with What Effects?
N. Nergiz Dincer and Barry Eichengreen #13003 (IFM)
Week of March 26, 2007
- Water Markets in the West: Prices, Trading, and Contractual Forms
Jedidiah Brewer, Robert Glennon, Alan Ker, and Gary D. Libecap #13002 (PE, IO)
- Foreign Firms, Domestic Wages
Nikolaj Malchow-M?, James R. Markusen, and Bertel Schjerning #13001 (ITI)
- Total Work, Gender and Social Norms
Michael Burda, Daniel S. Hamermesh, and Philippe Weil #13000 (EFG, LS)
- Internal Increasing Returns to Scale and Economic Growth
John A. List and Haiwen Zhou #12999 (EFG)
- Insider Privatization and Careers - A Study of a Russian Firm in Transition
Guido Friebel and Elena Panova #12998 (LS)
- Ownership and Wages: Estimating Public-Private and Foreign-Domestic Differentials using LEED from Hungary, 1986-2003
John S. Earle and ?mos Telegdy #12997 (LS)
- Defining and Measuring the Location of FDI Output
Robert E. Lipsey #12996 (ITI)
- Preferences, Information, and Parental Choice Behavior in Public School Choice
Justine S. Hastings, Richard Van Weelden, and Jeffrey Weinstein #12995 (CH, ED, IO, PE)
Week of March 19, 2007
- Risk Sharing in Private Information Models with Asset Accumulation: Explaining the Excess Smoothness of Consumption
Orazio Attanasio and Nicola Pavoni #12994 (EFG)
- Growing Up to Financial Stability
Michael D. Bordo #12993 (ME, IFM)
- Field Experiments: A Bridge Between Lab and Naturally-Occurring Data
John A. List #12992 (PE)
- Offshoring: General Equilibrium Effects on Wages, Production and Trade
Richard Baldwin and Frederic Robert-Nicoud #12991 (ITI)
- Real Options With Uncertain Maturity and Competition
Kristian R. Miltersen and Eduardo S. Schwartz #12990 (AP, IFM)
- Ability and Employer Learning: Evidence from the Economist Labor Market
Paul Oyer #12989 (LS)
- Segregation and the Black-White Test Score Gap
Jacob Vigdor and Jens Ludwig #12988 (CH, ED)
- What Works in Fighting Diarrheal Diseases in Developing Countries? A Critical Review
Alix Peterson Zwane and Michael Kremer #12987 (PE, HC)
- Durability of Output and Expected Stock Returns
Joao F. Gomes, Leonid Kogan, and Motohiro Yogo #12986 (AP, EFG)
- Nature and Nurture in the Intergenerational Transmission of Socioeconomic Status: Evidence from Swedish Children and Their Biological and Rearing Parents
Anders Bjorklund, Markus Jantti, and Gary Solon #12985 (CH, LS, ED)
- The Race between Education and Technology: The Evolution of U.S. Educational Wage Differentials, 1890 to 2005
Claudia Goldin and Lawrence F. Katz #12984 (DAE, LS)
- Fetters of Debt, Deposit, or Gold during the Great Depression? The International Propagation of the Banking Crisis of 1931
Gary Richardson and Patrick Van Horn #12983 (DAE, IFM, ME)
- Three Great American Disinflations
Michael D. Bordo, Christopher Erceg, Andrew Levin, and Ryan Michaels #12982 (ME, DAE)
- Are You Sure You're Saving Enough for Retirement?
Jonathan Skinner #12981 (AG, HC, PE)
- Trade and Workforce Changeover in Brazil
Marc-Andreas Muendler #12980 (ITI, LS)
- Subjective Evaluation of Performance Through Individual Evaluation Interview: Empirical evidence from France
Marc-Arthur Diaye, Nathalie Greenan, and Michal Urdanivia #12979 (LS)
- Wage Structure and Firm Productivity in Belgium
Thierry Lallemand, Robert Plasman, and Francois Rycx #12978 (LS)
- Adjusting Imperfect Data: Overview and Case Studies
Lars Vilhuber #12977 (LS)
- Using Behavioral Economic Field Experiments at a Large Motor Carrier: The Context and Design of the Truckers and Turnover Project
Stephen V. Burks, Jeffrey Carpenter, Lorenz Goette, Kristen Monaco, Aldo Rustichini, and Kay Porter #12976 (LS)
- The Effect of Tuition Reimbursement on Turnover: A Case Study Analysis
Colleen N. Flaherty #12975 (ED, LS)
- Wage Structure and Labor Mobility in Norway 1980?1997
Arngrim Hunnes, Jarle M?and Kjell G. Salvanes #12974 (LS)
Week March 12, 2007
- The Benefits and Costs of Head Start
Jens Ludwig and Deborah A. Phillips #12973 (CH)
- Patient Cost-Sharing, Hospitalization Offsets, and the Design of Optimal Health Insurance for the Elderly
Amitabh Chandra, Jonathan Gruber, and Robin McKnight #12972 (HC)
- Will the Doha Round Lead to Preference Erosion?
Mary Amiti and John Romalis #12971 (ITI)
- Optimal Asset Allocation in Asset Liability Management
Jules H. van Binsbergen and Michael W. Brandt #12970 (AP)
- Buffalo Hunt: International Trade and the Virtual Extinction of the North American Bison
M. Scott Taylor #12969 (ITI, DAE)
- Strategic Responses to Parallel Trade
Margaret K. Kyle #12968 (PR, ITI)
- Do Households Benefit from Financial Deregulation and Innovation? The Case of the Mortgage Market
Kristopher Gerardi, Harvey S. Rosen, and Paul Willen #12967 (PE)
- Child Mortality, Income and Adult Height
Carlos Bozzoli, Angus S. Deaton, and Climent Quintana-Domeque #12966 (AG, CH, HE)
- Understanding the New-Keynesian Model when Monetary Policy Switches Regimes
Roger E.A. Farmer, Daniel F. Waggoner, and Tao Zha #12965 (EFG, ME)
- The Effect of Nicotine Replacement Therapy Advertising on Youth Smoking
Henry Saffer, Melanie Wakefield, and Yvonne Terry-McElrath #12964 (HE)
- No-Arbitrage Semi-Martingale Restrictions for Continuous-Time Volatility Models subject to Leverage Effects, Jumps and i.i.d. Noise: Theory and Testable Distributional Implications
Torben G. Andersen, Tim Bollerslev, and Dobrislav Dobrev #12963 (AP)
- Do Bonds Span Volatility Risk in the U.S. Treasury Market? A Specification test for Affine Term Structure Models
Torben G. Andersen and Luca Benzoni #12962 (AP)
- Incomplete Cost Pass-Through Under Deep Habits
Morten Ravn, Stephanie Schmitt-Grohe, and Martin Uribe #12961 (EFG, IFM, ITI)
- Schools and Location: Tiebout, Alonso, and Government Policy
Eric A. Hanushek and Kuzey Yilmaz #12960 (ED, PE)
- A Theory of Liquidity and Regulation of Financial Intermediation
Emmanuel Farhi, Mikhail Golosov, and Aleh Tsyvinski #12959 (EFG, ME, AP)
- Projecting Behavioral Responses to the Next Generation of Retirement Policies
Alan L. Gustman and Thomas Steinmeier #12958 (AG, LS, PE)
- Inflation Illusion, Credit, and Asset Pricing
Monika Piazzesi and Martin Schneider #12957 (AP, EFG, ME)
- Immigrants' Complementarities and Native Wages: Evidence from California
Giovanni Peri #12956 (ITI, LS)
- Is Urban Decay Bad? Is Urban Revitalization Bad Too?
Jacob L. Vigdor #12955 (ED, PE)
- Why Is The Developed World Obese?
Sara Bleich, David Cutler, Christopher Murray, and Alyce Adams #12954 (HC, HE)
Week of March 5, 2007
- The Influence of Actual and Unrequited Interventions
Kathryn M.E. Dominguez and Freyan Panthaki #12953 (IFM) - A Lobbying Approach to Evaluating the Sarbanes-Oxley Act of 2002
Yael V. Hochberg, Paola Sapienza, and Annette Vissing-Jorgensen #12952 (CF, LE, POL) - Worker Sorting, Compensating Differentials and Health Insurance: Evidence from Displaced Workers
Steven F. Lehrer and Nuno Sousa Pereira #12951 (HE, LS) - Firm Heterogeneity and Firm Behavior with Conditional Policies
Svetlana Demidova and Kala Krishna #12950 (ITI) - Trade and Trade Policy with Differentiated Products: A Chamberlinian-Ricardian Model: A Comment
Svetlana Demidova and Kala Krishna #12949 (ITI) - Beliefs, Doubts and Learning: Valuing Economic Risk
Lars Peter Hansen #12948 (AP, EFG) - International Evidence on Fiscal Solvency: Is Fiscal Policy "Responsible"?
Enrique G. Mendoza and Jonathan D. Ostry #12947 (IFM) - The Welfare State and the Forces of Globalization
Hans-Werner Sinn #12946 (PE) - Price Stickiness in Ss Models: New Interpretations of Old Results
Ricardo J. Caballero and Eduardo M.R.A. Engel #12945 (EFG, IFM, IO, ME) - Marriage and Divorce: Changes and their Driving Forces
Betsey Stevenson and Justin Wolfers #12944 (AG, CH, DAE, LE, LS)
Week of February 19, 2007
- Accounting for Growth: Comparing China and India
Barry Bosworth and Susan M. Collins #12943 (IFM) - Money in Motion: Dynamic Portfolio Choice in Retirement
Wolfram J. Horneff, Raimond H. Maurer, Olivia S. Mitchell, and Michael Z. Stamos #12942 (AG) - The Power of Information: How Do U.S. News Rankings Affect the Financial Resources of Public Colleges?
Ginger Zhe Jin and Alex Whalley #12941 (IO) - Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns
Markus K. Brunnermeier, Christian Gollier, and Jonathan A. Parker #12940 (AP, EFG, ME) - Market Liquidity and Funding Liquidity
Markus K. Brunnermeier and Lasse Heje Pedersen #12939 (AP, CF) - Branch Banking as a Device for Discipline: Competition and Bank Survivorship During the Great Depression
Mark Carlson and Kris James Mitchener #12938 (DAE, ME) - The Valuation Channel of External Adjustment
Fabio Ghironi, Jaewoo Lee, and Alessandro Rebucci #12937 (IFM) - Stocks as Lotteries: The Implications of Probability Weighting for Security Prices
Nicholas Barberis and Ming Huang #12936 (AP) - Is Well-being U-Shaped over the Life Cycle?
David G. Blanchflower and Andrew Oswald #12935 (HE, LS) - Hypertension and Happiness across Nations
David G. Blanchflower and Andrew J. Oswald #12934 (HE, LS) - The Crash of 1882, Counterparty Risk, and the Bailout of the Paris Bourse
Eugene N. White #12933 (DAE) - Building Criminal Capital behind Bars: Peer Effects in Juvenile Corrections
Patrick Bayer, Randi Hjalmarsson, and David Pozen #12932 (CH, ED, LE, LS, PE) - Methodological Frontiers of Public Finance Field Experiments
Jeffrey R. Kling #12931 (CH, ED, LS, PE) - The Term Structure of Real Rates and Expected Inflation
Andrew Ang, Geert Bekaert, and Min Wei #12930 (AP, ME) - Cycling: An Increasingly Untouched Source of Physical and Mental Health
Inas Rashad #12929 (HE) - Who Were the Greatest Women Artists of the Twentieth Century? A Quantitative Investigation
David W. Galenson #12928 (LS) - Estimating Trade Flows: Trading Partners and Trading Volumes
Elhanan Helpman, Marc Melitz, and Yona Rubinstein #12927 (ITI) - Child Labor
Eric V. Edmonds #12926 (CH, LS) - Current Account Deficits in Rich Countries
Olivier Blanchard #12925 (EFG, IFM) - E-ZTax: Tax Salience and Tax Rates
Amy Finkelstein #12924 (PE) - The Significance and Composition of Deferred Tax Assets and Liabilities
James Poterba, Nirupama Rao, and Jeri Seidman #12923 (CF, PE) - Do Voters Vote Sincerely?
Arianna Degan and Antonio Merlo #12922 (POL) - Political Careers or Career Politicians?
Andrea Mattozzi and Antonio Merlo #12921 (POL, LS) - Mediocracy
Andrea Mattozzi and Antonio Merlo #12920 (POL, LS) - Seigniorage
Willem H. Buiter #12919 (IFM, ME) - Activity-Based Valuation of Bank Holding Companies
Charles W. Calomiris and Doron Nissim #12918 (AP, CF) - Occupational Choice and the Spirit of Capitalism
Matthias Doepke and Fabrizio Zilibotti #12917 (EFG, DAE) - The Returns to Currency Speculation in Emerging Markets
Craig Burnside, Martin Eichenbaum, and Sergio Rebelo #12916 (AP, EFG, IFM) - Minimum Wages, the Earned Income Tax Credit, and Employment: Evidence from the Post-Welfare Reform Era
David Neumark and William Wascher #12915 (LS, PE) - The Trade Reducing Effects of Market Power in International Shipping
David Hummels, Volodymyr Lugovskyy, and Alexandre Skiba #12914 (ITI) - Overruling and the Instability of Law
Nicola Gennaioli and Andrei Shleifer #12913 (LE)
Week of February 12, 2007
- Investor Information, Long-Run Risk, and the Duration of Risky Cash-Flows
Mariano M. Croce, Martin Lettau, and Sydney C. Ludvigson #12912 (AP) - Public Action for Public Goods
Abhijit Banerjee, Lakshmi Iyer, and Rohini Somanathan #12911 (EFG) - Attack Assignments in Terror Organizations and The Productivity of Suicide Bombers
Efraim Benmelech and Claude Berrebi #12910 (LS, POL) - Financial Integration, Financial Deepness and Global Imbalances
Enrique G. Mendoza, Vincenzo Quadrini, and Jose-Victor Rios-Rull #12909 (EFG, IFM) - The American Family and Family Economics
Shelly Lundberg and Robert A. Pollak #12908 (LS) - Medicaid Expansions and Fertility in the United States
Thomas DeLeire, Leonard M. Lopoo, and Kosali I. Simon #12907 (HC, HE) - Anti-depressants and Suicide
Jens Ludwig, Dave E. Marcotte, and Karen Norberg #12906 (CH) - Diabetes and the Rise of the SES Health Gradient
James Smith #12905 (AG, HC, HE) - On Current Account Surpluses and the Correction of Global Imbalances
Sebastian Edwards #12904 (IFM, ITI) - Criminal Prosecution and HIV-related Risky Behavior
Adeline Delavande, Dana Goldman, and Neeraj Sood #12903 (HC) - Antitrust and Regulation
Dennis W. Carlton and Randal C. Picker #12902 (IO, LE) - Immigration, Industrial Revolution and Urban Growth in the United States, 1820-1920: Factor Endowments, Technology and Geography
Sukkoo Kim #12900 (DAE) - The Unified Enterprise Tax and SOEs in China
John Whalley and Li Wang #12899 (PE) - News Shocks and Optimal Monetary Policy
Guido Lorenzoni #12898 (EFG, ME) - Gender and Job Performance: Evidence from Wall Street
T. Clifton Green, Narasimhan Jegadeesh, and Yue Tang #12897 (AP, LS) - Collective Risk Management in a Flight to Quality Episode
Ricardo J. Caballero and Arvind Krishnamurthy #12896 (CF, EFG, IFM, ME) - Long Run Health Impacts of Income Shocks: Wine and Phylloxera in 19th Century France
Abhijit Banerjee, Esther Duflo, Gilles Postel-Vinay, and Timothy M. Watts #12895 (CH, DAE) - Cementing Relationships: Vertical Integration, Foreclosure, Productivity, and Prices
Ali Hortacsu and Chad Syverson #12894 (IO, PR)
Week of February 5, 2007
- The Spike at Benefit Exhaustion: Leaving the Unemployment System or Starting a New Job?
David Card, Raj Chetty, and Andrea Weber #12893 (LS, PE) - Africa's Lagging Demographic Transition: Evidence from Exogenous Impacts of Malaria Ecology and Agricultural Technology
Dalton Conley, Gordon C. McCord, and Jeffrey D. Sachs #12892 (CH, HE) - Product Market Regulation and Market Work: A Benchmark Analysis
Lei Fang and Richard Rogerson #12891 (EFG, LS) - Taxation and Market Work: Is Scandinavia an Outlier?
Richard Rogerson #12890 (EFG, PE) - Structural Transformation and the Deterioration of European Labor Market Outcomes
Richard Rogerson #12889 (EFG) - Women, Work, and Culture
Raquel Fernandez #12888 (EFG, LS) - Liquidity and Risk Management
Nicolae B. Garleanu and Lasse H. Pedersen #12887 (AP) - Implementing Technology
Diego Comin and Bart Hobijn #12886 (EFG, PR) - Distributional Effects of Globalization in Developing Countries
Pinelopi Koujianou Goldberg and Nina Pavcnik #12885 (ITI, LS) - Trade Adjustment and Human Capital Investments: Evidence from Indian Tariff Reform
Eric V. Edmonds, Nina Pavcnik, and Petia Topalova #12884 (CH, ITI, LS) - The Labor Market Impacts of Youth Training in the Dominican Republic: Evidence from a Randomized Evaluation
David Card, Pablo Ibarraran, Ferdinando Regalia, David Rosas, and Yuri Soares #12883 (LS) - Who Blows the Whistle on Corporate Fraud?
Alexander Dyck, Adair Morse, and Luigi Zingales #12882 (CF)
Week of January 29, 2007
- The Demand for Treasury Debt
Arvind Krishnamurthy and Annette Vissing-Jorgensen #12881 (AP, EFG, ME) - Taxing Capital? Not a Bad Idea After All!
Juan Carlos Conesa, Sagiri Kitao, and Dirk Krueger #12880 (EFG, PE) - Behavioral Law and Economics
Christine Jolls #12879 (LE) - Adoption and Termination of Employee Involvement Programs
Wei Chi, Richard B. Freeman, and Morris M. Kleiner #12878 (IO, LS, PR) - Slow Moving Capital
Mark Mitchell, Lasse Heje Pedersen, and Todd Pulvino #12877 (AP) - Does Inflation Targeting Make a Difference?
Frederic S. Mishkin and Klaus Schmidt-Hebbel #12876 (EFG, ME) - Transparency and Corporate Governance
Benjamin E. Hermalin and Michael S. Weisbach #12875 (CF, LE, LS) - On the Return to Venture Capital
Boyan Jovanovic and Balàzs Szentes #12874 (PR, CF) - A Unifying Model of How the Tax System and Generally Accepted Accounting Principles Affect Corporate Behavior
Douglas A. Shackelford, Joel Slemrod, and James M. Sallee #12873 (PE, CF) - Teaching Locals New Tricks: Foreign Experts as a Channel of Knowledge Transfers
James R. Markusen and Natalia Trofimenko #12872 (ITI) - Optimal Migration: A World Perspective
Jess Benhabib and Boyan Jovanovic #12871 (LS, POL, PR) - Integrated Insurance Design in the Presence of Multiple Medical Technologies
Dana Goldman and Tomas Philipson #12870 (HC, HE, PE, AG) - Has Social Security Influenced Family Formation and Fertility in OECD Countries? An Economic and Econometric Analysis
Isaac Ehrlich and Jinyoung Kim #12869 (HE, PE, LS, AG) - The Mystery of Human Capital as Engine of Growth, or Why the US Became the Economic Superpower in the 20th Century
Isaac Ehrlich #12868 (HE) - Antitrust
Louis Kaplow and Carl Shapiro #12867 (IO, LE)
Week of January 22, 2007
- Do Analysts Herd? An Analysis of Recommendations and Market Reactions
Narasimhan Jegadeesh and Woojin Kim #12866(AP) - Quasi-Experimental Evidence on the Effects of Unemployment Insurance from New York State
Bruce D. Meyer and Wallace K. C. Mok #12865 (LS, PE) - Health Information and Subjective Survival Probability: Evidence from Taiwan
Jin-Tan Liu, Meng-Wen Tsou, and James Hammitt #12864 (HE) - College Cost and Time to Complete a Degree: Evidence from Tuition Discontinuities
Pietro Garibaldi, Francesco Giavazzi, Andrea Ichino, and Enrico Rettore #12863 (ED, PE) - Determinants of Deposit-Insurance Adoption and Design
Asli Demirguc-Kunt, Edward J. Kane, and Luc Laeven #12862 (CF) - Pricing-to-Market in a Ricardian Model of International Trade
Andrew Atkeson and Ariel Burstein #12861 (EFG, IFM, ITI) - Do Employment Protections Reduce Productivity? Evidence from U.S. States
David H. Autor, William R. Kerr, and Adriana D. Kugler #12860 (LE, LS, PR) - The Excess Burden of Government Indecision
Francisco J. Gomes, Laurence J. Kotlikoff, and Luis M. Viceira #12859 (AG, AP, HC, PE, POL) - Crowd-Out Ten Years Later: Have Recent Public Insurance Expansions Crowded Out Private Health Insurance?
Jonathan Gruber and Kosali Simon #12858 (HE, PE, HC) - As Low Birth Weight Babies Grow, Can 'Good' Parents Buffer this Adverse Factor? A Research Note.
Ming-Jen Lin, Jin-Tan Liu, and Shin-Yi Chou #12857 (HE) - Multinational Firms, FDI Flows and Imperfect Capital Markets
Pol Antras, Mihir A. Desai, and C. Fritz Foley #12855 (CF, ITI, IFM) - The Farm, the City, and the Emergence of Social Security
Elizabeth M. Caucutt, Thomas F. Cooley, and Nezih Guner #12854 (EFG, DAE, AG) - The Ins and Outs of Cyclical Unemployment
Michael W. Elsby, Ryan Michaels, and Gary Solon #12853 (ED, PE) - Capital Controls, Capital Flows Contractions, and Macroeconomic Vulnerability
Sebastian Edwards #12852 (IFM) - The Political Economy of Financial Regulation: Evidence from U.S. State Usury Laws in the 19th Century
Efraim Benmelech and Tobias J. Moskowitz #12851 (DAE, CF) - The Overvaluation of Renminbi Undervaluation
Yin-Wong Cheung, Menzie D. Chinn, and Eiji Fujii #12850 (IFM)
Week of January 15, 2007
- Synthetic Control Methods for Comparative Case Studies: Estimating the Effect of California's Tobacco Control Program
Alberto Abadie, Alexis Diamond, and Jens Hainmueller #t0335 (TWP) - Do Food Stamps Cause Obesity? Evidence from Immigrant Experience
Neeraj Kaushal #12849 (PE, HE) - Prescription Drug Insurance and Its Effect on Utilization and Health of the Elderly
Nasreen Khan, Robert Kaestner, and Swu Jane Lin #12848 (AG, HE) - Does Firm Value Move Too Much to be Justified by Subsequent Changes in Cash Flow?
Borja Larrain and Motohiro Yogo #12847(AP, CF) - Interpersonal Styles and Labor Market Outcomes
Lex Borghans, Bas ter Weel, and Bruce A. Weinberg #12846 (LS) - Idiosyncratic Shocks and the Role of Nonconvexities in Plant and Aggregate Investment Dynamics
Aubhik Khan and Julia Thomas #12845 (EFG) - Evaluating Methods for Evaluating Instruction: The Case of Higher Education
Bruce A. Weinberg, Belton M. Fleisher, and Masanori Hashimoto #12844 (ED, LS) - Risk, Return and Dividends
Andrew Ang and Jun Liu #12843 (AP) - Who Chooses Defined Contribution Plans?
Jeffrey R. Brown and Scott J. Weisbenner #12842 (AG) - Uncertainty and the Dynamics of R&D
Nick Bloom #12841 (EFG, PR) - The Technology of Skill Formation
Flavio Cunha and James Heckman #12840 (CH, ED, HE, LS, PE) - Is Numerairology the Future of Monetary Economics? Unbundling numeraire and medium of exchange through a virtual currency and a shadow exchange rate
Willem H. Buiter #12839 (IFM, ME) - The Demographic Transition and the Sexual Division of Labor
Bruno L. S. Falcao and Rodrigo R. Soares #12838 (HE, LE) - On the Determinants of Mortality Reductions in the Developing World
Rodrigo R. Soares #12837 (HE) - Altruism, Fertility, and the Value of Children: Health Policy Evaluation and Intergenerational Welfare
Javier A. Birchenall and Rodrigo R. Soares #12836 (HE) - Backing, the Quantity Theory, and the Transition to the U.S. Dollar, 1723-1850
Peter L. Rousseau #12835 (DAE, ME) - The Decline of Defined Benefit Retirement Plans and Asset Flows
James Poterba, Steven Venti, and David A. Wise #12834 (AG, AP) - Economics and Politics of Alternative Institutional Reforms
Francesco Caselli and Nicola Gennaioli #12833 (EFG, PE, POL) - The Role of School Improvement in Economic Development
Eric A. Hanushek and Ludger Woessmann #12832 (CH, ED, EFG, ITI, LS, PE) - Synthetic Control Methods for Comparative Case Studies: Estimating the Effect of California's Tobacco Control Program
Alberto Abadie, Alexis Diamond, and Jens Hainmueller #12831 (HE, LE, LS, PE)
Week of January 8, 2007
- Manipulation of the Running Variable in the Regression Discontinuity Design: A Density Test
Justin McCrary #t0334 (TWP) - Estimating Interdependence Between Health and Education in a Dynamic Model
Li Gan and Guan Gong #12830 (AG, CH, HE, LS) - International Comparisons of R&D Expenditure: Does an R&D PPP Make a Difference?
Sean M. Dougherty, Robert Inklaar, Robert H. McGuckin, and Bart van Ark #12829 (PR) - How and Why do Teacher Credentials Matter for Student Achievement?
Charles T. Clotfelter, Helen F. Ladd, and Jacob L. Vigdor #12828 (ED, PE) - Self-Protection and Insurance with Interdependencies
Alexander Muermann and Howard Kunreuther #12827 (PE) - Why are Buyouts Levered: The Financial Structure of Private Equity Funds
Ulf Axelson, Per Stromberg, and Michael S. Weisbach #12826 (CF) - Striking at the Roots of Crime: The Impact of Social Welfare Spending on Crime During the Great Depression
Ryan S. Johnson, Shawn Kantor, and Price V. Fishback #12825 (DAE, PE) - Sticky Prices and Monetary Policy: Evidence from Disaggregated U.S. Data
Jean Boivin, Marc Giannoni, and Ilian Mihov #12824 (EFG, ME) - Birds of a Feather - Better Together? Exploring the Optimal Spatial Distribution of Ethnic Inventors
Ajay Agrawal, Devesh Kapur, and John McHale #12823 (PR) - Debt and the Effects of Fiscal Policy
Carlo Favero and Francesco Giavazzi #12822 (IFM, PE, EFG) - Climate Change, Insurability of Large-scale Disasters and the Emerging Liability Challenge
Howard C. Kunreuther and Erwann O. Michel-Kerjan #12821 (LE) - Mandated Health Insurance Benefits and the Utilization and Outcomes of Infertility Treatments
M. Kate Bundorf, Melinda Henne, and Laurence Baker #12820 (HC) - Do U.S. Firms Have the Best Corporate Governance? A Cross-Country Examination of the Relation between Corporate Governance and Shareholder Wealth
Reena Aggarwal, Isil Erel, Rene M. Stulz, and Rohan Williamson #12819 (CF) - Outsourcing Tariff Evasion: A New Explanation for Entrepot Trade
Raymond Fisman, Peter Moustakerski, and Shang-Jin Wei #12818 (ITI, LE, POL) - Test-Based Accountability and Student Achievement: An Investigation of Differential Performance on NAEP and State Assessments
Brian A. Jacob #12817 (CH, ED, LS) - Trade in Business Services in General Equilibrium
James R. Markusen #12816 (ITI) - The Return to Knowledge Hierarchies
Luis Garicano and Thomas N. Hubbard #12815 (IO, LS) - Predictive Systems: Living with Imperfect Predictors
Lubos Pastor and Robert F. Stambaugh #12814 (AP)
Week of January 1, 2007
- Manipulation of the Running Variable in the Regression Discontinuity Design: A Density Test
Justin McCrary #t0334 (TWP) - Estimating Interdependence Between Health and Education in a Dynamic Model
Li Gan and Guan Gong #12830 (AG, CH, HE, LS) - International Comparisons of R&D Expenditure: Does an R&D PPP Make a Difference?
Sean M. Dougherty, Robert Inklaar, Robert H. McGuckin, and Bart van Ark #12829 (PR) - How and Why do Teacher Credentials Matter for Student Achievement?
Charles T. Clotfelter, Helen F. Ladd, and Jacob L. Vigdor #12828 (ED, PE) - Self-Protection and Insurance with Interdependencies
Alexander Muermann and Howard Kunreuther #12827 (PE) - Why are Buyouts Levered: The Financial Structure of Private Equity Funds
Ulf Axelson, Per Stromberg, and Michael S. Weisbach #12826 (CF) - Striking at the Roots of Crime: The Impact of Social Welfare Spending on Crime During the Great Depression
Ryan S. Johnson, Shawn Kantor, and Price V. Fishback #12825 (DAE, PE) - Sticky Prices and Monetary Policy: Evidence from Disaggregated U.S. Data
Jean Boivin, Marc Giannoni, and Ilian Mihov #12824 (EFG, ME) - Birds of a Feather - Better Together? Exploring the Optimal Spatial Distribution of Ethnic Inventors
Ajay Agrawal, Devesh Kapur, and John McHale #12823 (PR) - Debt and the Effects of Fiscal Policy
Carlo Favero and Francesco Giavazzi #12822 (IFM, PE, EFG) - Climate Change, Insurability of Large-scale Disasters and the Emerging Liability Challenge
Howard C. Kunreuther and Erwann O. Michel-Kerjan #12821 (LE) - Mandated Health Insurance Benefits and the Utilization and Outcomes of Infertility Treatments
M. Kate Bundorf, Melinda Henne, and Laurence Baker #12820 (HC) - Do U.S. Firms Have the Best Corporate Governance? A Cross-Country Examination of the Relation between Corporate Governance and Shareholder Wealth
Reena Aggarwal, Isil Erel, Rene M. Stulz, and Rohan Williamson #12819 (CF) - Outsourcing Tariff Evasion: A New Explanation for Entrepot Trade
Raymond Fisman, Peter Moustakerski, and Shang-Jin Wei #12818 (ITI, LE, POL) - Test-Based Accountability and Student Achievement: An Investigation of Differential Performance on NAEP and State Assessments
Brian A. Jacob #12817 (CH, ED, LS) - Trade in Business Services in General Equilibrium
James R. Markusen #12816 (ITI) - The Return to Knowledge Hierarchies
Luis Garicano and Thomas N. Hubbard #12815 (IO, LS) - Predictive Systems: Living with Imperfect Predictors
Lubos Pastor and Robert F. Stambaugh #12814 (AP)
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