NBER Working papers 2009
Week of December 21, 2009
- Compulsory Licensing - Evidence from the Trading with the Enemy Act
Petra Moser and Alessandra Voena #15598 (DAE, LE, PR) - The Welfare State and the Skill Mix of Migration: Dynamic Policy Formation
Assaf Razin, Efraim Sadka, and Benjarong Suwankiri #15597 (IFM) - Droughts, Floods and Financial Distress in the United States
John Landon-Lane, Hugh Rockoff, and Richard H. Steckel #15596 (DAE) - Utility from Accumulation
Louis Kaplow #15595 (PE) - Upon Daedalian Wings of Paper Money: Adam Smith and the Crisis of 1772
Hugh Rockoff #15594 (DAE) - Measuring the Gains from Trade under Monopolistic Competition
Robert C. Feenstra #15593 (ITI) - Effects of Terms of Trade Gains and Tariff Changes on the Measurement of U.S. Productivity Growth
Robert C. Feenstra, Benjamin R. Mandel, Marshall B. Reinsdorf, and Matthew J. Slaughter #15592 (ITI) - Momentum Cycles and Limits to Arbitrage Evidence from Victorian England and Post-Depression US Stock Markets
Benjamin Chabot, Eric Ghysels, and Ravi Jagannathan #15591 (AP) - Pain at the Pump: The Differential Effect of Gasoline Prices on New and Used Automobile Markets
Meghan R. Busse, Christopher R. Knittel, and Florian Zettelmeyer #15590 (EEE, IO) - Is a WIC Start a Better Start? Evaluating WIC’s Impact on Infant Health Using Program Introduction
Hilary W. Hoynes, Marianne E. Page, and Ann Huff Stevens #15589 (CH, HC, LS, PE) - Risk-Adjusted Gamma Discounting
Martin L. Weitzman #15588 (EEE) - The Evolution of Ideology, Fairness and Redistribution
Alberto F. Alesina, Guido Cozzi, and Noemi Mantovan #15587 (POL) - Testing for Adverse Selection in Insurance Markets
Alma Cohen and Peter Siegelman #15586 (LE, LS, PE)
Week of December 14, 2009
- Discontinuous Behavioral Responses to Recycling Laws and Plastic Water Bottle Deposits
W. Kip Viscusi, Joel Huber, Jason Bell, and Caroline Cecot #15585 (LE, EEE) - The Great Depression Analogy
Michael D. Bordo and Harold James #15584 (DAE, ME) - Taxes and Time Allocation: Evidence from Single Women
Alexander M. Gelber and Joshua W. Mitchell #15583 (EFG, LS, PE) - Public versus Private Risk Sharing
Dirk Krueger and Fabrizio Perri #15582 (EFG, PE) - The Economics of Labor Coercion
Daron Acemoglu and Alexander Wolitzky #15581 (LS) - The Consumption Terms of Trade and Commodity Prices
Martin Berka and Mario J. Crucini #15580 (IFM) - Productivity, Welfare and Reallocation: Theory and Firm-Level Evidence
Susanto Basu, Luigi Pascali, Fabio Schiantarelli, and Luis Serven #15579 (EFG, PR) - The Monopoly of Violence: Evidence from Colombia
Daron Acemoglu, James A. Robinson, and Rafael Santos #15578 (IFM, POL) - Productivity Growth and Levels in France, Japan, the United Kingdom and the United States in the Twentieth Century
Gilbert Cette, Yusuf Kocoglu, and Jacques Mairesse #15577 (PR) - The Global Networks of Multinational Firms
Laura Alfaro and Maggie Chen #15576 (IO, ITI) - Banking System Control, Capital Allocation, and Economy Performance
Randall Morck, M. Deniz Yavuz, and Bernard Yeung #15575 (CF) - An Economic Evaluation of the War on Cancer
Eric C. Sun, Anupam B. Jena, Darius N. Lakdawalla, Carolina M. Reyes, Tomas J. Philipson, and Dana P. Goldman #15574 (HC, HE) - Employers' Preferences for Gender, Age, Height and Beauty: Direct Evidence
Peter Kuhn and Kailing Shen #15564 (LS)
Week of December 6, 2009
- Lessons from the Great American Real Estate Boom and Bust of the 1920s
Eugene N. White #15573 (DAE) - Profiting from Regulation: An Event Study of the EU Carbon Market
James B. Bushnell, Howard Chong, and Erin T. Mansur #15572 (EEE) - The Changing Landscape of Blockbuster Punitive Damages Awards
Alison F. Del Rossi and W. Kip Viscusi #15571 (LE) - Investment Shocks and Business Cycles
Alejandro Justiniano, Giorgio E. Primiceri, and Andrea Tambalotti #15570 (EFG, ME) - Creditor rights and corporate risk-taking
Viral V. Acharya, Yakov Amihud, and Lubomir Litov #15569 (CF, LE) - The Internal Governance of Firms
Viral V. Acharya, Stewart C. Myers, and Raghuram Rajan #15568 (CF) - Crisis Resolution and Bank Liquidity
Viral V. Acharya, Hyun Song Shin, and Tanju Yorulmazer #15567 (CF) - Why Have College Completion Rates Declined? An Analysis of Changing Student Preparation and Collegiate Resources
John Bound, Michael Lovenheim, and Sarah Turner #15566 (ED, LS) - Quantitative Easing: A Rationale and Some Evidence from Japan
Volker Wieland #15565 (ME) - What Ties Return Volatilities to Price Valuations and Fundamentals?
Alexander David and Pietro Veronesi #15563 (AP) - Using Inflation to Erode the U.S. Public Debt
Joshua Aizenman and Nancy Marion #15562 (ITI) - Labor Supply Heterogeneity and Macroeconomic Co-movement
Stefano Eusepi and Bruce Preston #15561 (EFG) - National Borders, Conflict and Peace
Enrico Spolaore #15560 (POL) - "Do the Right Thing:" The Effects of Moral Suasion on Cooperation
Ernesto Dal Bó and Pedro Dal Bó #15559 (POL) - Climate Variability and Water Infrastructure: Historical Experience in the Western United States
Zeynep K. Hansen, Gary D. Libecap, and Scott E. Lowe #15558 (DAE, EEE) - Distance, Trade, and Income – The 1967 to 1975 Closing of the Suez Canal as a Natural Experiment
James Feyrer #15557 (EFG, ITI) - Exports and Financial Shocks
Mary Amiti and David E. Weinstein #15556 (IFM, ITI) - Testing Theories of Scarcity Pricing in the Airline Industry
Steven L. Puller, Anirban Sengupta, and Steven N. Wiggins #15555 (IO) - Cross Sectional Facts for Macroeconomists
Dirk Krueger, Fabrizio Perri, Luigi Pistaferri, and Giovanni L. Violante #15554 (EFG, PE) - How Much Consumption Insurance Beyond Self-Insurance?
Greg Kaplan and Giovanni L. Violante #15553 (EFG) - The Real Effects of Financial Constraints: Evidence from a Financial Crisis
Murillo Campello, John Graham, and Campbell R. Harvey #15552 (CF, IFM) - A Reference Point Theory of Mergers and Acquisitions
Malcolm Baker, Xin Pan, and Jeffrey Wurgler #15551 (CF) - Do Oil Windfalls Improve Living Standards? Evidence from Brazil
Francesco Caselli and Guy Michaels #15550 (EFG, PE, POL)
Week of November 30, 2009
- Accountability and Flexibility in Public Schools: Evidence from Boston's Charters and Pilots
Atila Abdulkadiroglu, Joshua Angrist, Susan Dynarski, Thomas J. Kane, and Parag Pathak #15549 (CH, ED, LS, PE) - A Concordance Between Ten-Digit U.S. Harmonized System Codes and SIC/NAICS Product Classes and Industries
Justin R. Pierce and Peter K. Schott #15548 (ITI) - Do Working Men Rebel? Insurgency and Unemployment in Iraq and the Philippines
Eli Berman, Joseph Felter, and Jacob N. Shapiro #15547 (LS, POL) - A Formal Test of Assortative Matching in the Labor Market
John M. Abowd, Francis Kramarz, Sébastien Pérez-Duarte, and Ian Schmutte #15546 (LS) - Tractability in Incentive Contracting
Alex Edmans and Xavier Gabaix #15545 (AP, CF, EFG, LS) - The Effect of Newspaper Entry and Exit on Electoral Politics
Matthew Gentzkow, Jesse M. Shapiro, and Michael Sinkinson #15544 (DAE, IO, POL) - Voluntary Public Goods Provision, Coalition Formation, and Uncertainty
Nicholas E. Burger and Charles D. Kolstad #15543 (EEE) - How Debt Markets have Malfunctioned in the Crisis
Arvind Krishnamurthy #15542 (AP, CF, ME) - International Trade and Domestic Regulation
Robert W. Staiger and Alan O. Sykes #15541 (ITI)
Week of November 23, 2009
- Bayesian Persuasion
Emir Kamenica and Matthew Gentzkow #15540 (IO, POL) - Estimation of Treatment Effects Without an Exclusion Restriction: with an Application to the Analysis of the School Breakfast Program
Daniel L. Millimet and Rusty Tchernis #15539 (HE) - When Safe Proved Risky: Commercial Paper During the Financial Crisis of 2007-2009
Marcin Kacperczyk and Philipp Schnabl #15538 (AP, CF) - The State of Corporate Governance Research
Lucian A. Bebchuk and Michael S. Weisbach #15537 (CF, LE) - Intended and Unintended Consequences of Prison Reform
Richard T. Boylan and Naci H. Mocan #15535 (HE, LE) - Foreign Currency Debt, Financial Crises and Economic Growth: A Long Run View
Michael D. Bordo, Christopher M. Meissner, and David Stuckler #15534 (IFM, ME) - Jump-Robust Volatility Estimation using Nearest Neighbor Truncation
Torben G. Andersen, Dobrislav Dobrev, and Ernst Schaumburg #15533 (AP) - Cash-out or flame-out! Opportunity cost and entrepreneurial strategy: Theory, and evidence from the information security industry
Ashish Arora and Anand Nandkumar #15532 (PR) - The Impact of No Child Left Behind on Student Achievement
Thomas Dee and Brian Jacob #15531 (CH, ED, LS, PE) - Endogenous Market Structure and Foreign Market Entry
James R. Markusen and Frank Stähler #15530 (ITI) - Trust and Delegation
Stephen Brown, William Goetzmann, Bing Liang, and Christopher Schwarz #15529 (LE) - Financial Choice in a Non-Ricardian Model of Trade
Katheryn N. Russ and Diego Valderrama #15528 (ITI) - Markets for Reputation: Evidence on Quality and Quantity in Academe
Daniel S. Hamermesh and Gerard A. Pfann #15527 (LS) - Taxation of Human Capital and Wage Inequality: A Cross-Country Analysis
Fatih Guvenen, Burhanettin Kuruscu, and Serdar Ozkan #15526 (EFG, LS, PE) - Current Account Fact and Fiction
David Backus, Espen Henriksen, Frederic Lambert, and Christopher Telmer #15525 (IFM) - From Great Depression to Great Credit Crisis: Similarities, Differences and Lessons
Miguel Almunia, Agustín S. Bénétrix, Barry Eichengreen, Kevin H. O'Rourke, and Gisela Rua #15524 (DAE, IFM) - Currency Carry Trade Regimes: Beyond the Fama Regression
Richard Clarida, Josh Davis, and Niels Pedersen #15523 (IFM) - Discovering One's Talent: Learning from Academic Specialization
Ofer Malamud #15522 (ED)
Week of November 16, 2009
- Immigration, Wages, and Compositional Amenities
David Card, Christian Dustmann, and Ian Preston #15521 (LS) - Agricultural Improvements and Access to Rail Transportation: The American Midwest as a Test Case, 1850-1860
Jeremy Atack and Robert A. Margo #15520 (DAE) - The Feldstein-Horioka fact
Domenico Giannone and Michele Lenza #15519 (EFG) - The Carry Trade and Fundamentals: Nothing to Fear But FEER Itself
Òscar Jordà and Alan M. Taylor #15518 (IFM) - A Mathematical Model for Estimating the Number of Health Workers Required for Universal Antiretroviral Treatment
Till Bärnighausen, David E. Bloom, and Salal Humair #15517 (HC, HE) - Global Climate Policy Architecture and Political Feasibility: Specific Formulas and Emission Targets to Attain 460 ppm CO2 Concentrations
Valentina Bosetti and Jeffrey A. Frankel #15516 (EEE, IFM) - Did Fair-Value Accounting Contribute to the Financial Crisis?
Christian Laux and Christian Leuz #15515 (CF) - Anchors Away: How Fiscal Policy Can Undermine the Taylor Principle
Eric M. Leeper #15514 (EFG) - Decentralized Trading with Private Information
Mikhail Golosov, Guido Lorenzoni, and Aleh Tsyvinski #15513 (AP, EFG) - Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870–2008
Moritz Schularick and Alan M. Taylor #15512 (DAE, EFG, IFM, ME) - Innovators: Songwriters
David Galenson #15511 (LS) - Heterogeneity in the effect of regulation on entrepreneurship and entry size
Silvia Ardagna and Annamaria Lusardi #15510 (AG) - Gravity in the Weightless Economy
Wolfgang Keller and Stephen R. Yeaple #15509 (EFG, ITI, PR) - The Level and Distribution of Global Household Wealth
James B. Davies, Susanna Sandström, Anthony B. Shorrocks, and Edward N. Wolff #15508 (PR) - The Effect of Immigration on Productivity: Evidence from US States
Giovanni Peri #15507 (ITI, LS, PR) - Risk Price Dynamics
Jaroslav Borovi�?ka, Lars Peter Hansen, Mark Hendricks, and José A. Scheinkman #15506 (AP) - On Quality Bias and Inflation Targets
Stephanie Schmitt-Grohe and Martin Uribe #15505 (ME) - An Empirical Evaluation of the Long-Run Risks Model for Asset Prices
Ravi Bansal, Dana Kiku, and Amir Yaron #15504 (AP, CF) - Competition and Quality Upgrading
Mary Amiti and Amit K. Khandelwal #15503 (ITI) - Art and Money
William N. Goetzmann, Luc Renneboog, and Christophe Spaenjers #15502 (EFG) - The Agglomeration of US Ethnic Inventors
William Kerr #15501 (PR) - Human Capital In China
Haizheng Li, Barbara M. Fraumeni, Zhiqiang Liu, and Xiaojun Wang #15500 (LS, PR) - Banking Deregulations, Financing Constraints, and Firm Entry Size
William Kerr and Ramana Nanda #15499 (PR) - Financing Constraints and Entrepreneurship
William Kerr and Ramana Nanda #15498 (PR) - Family Violence and Football: The Effect of Unexpected Emotional Cues on Violent Behavior
David Card and Gordon Dahl #15497 (LS) - By How Much Does GDP Rise if the Government Buys More Output?
Robert E. Hall #15496 (EFG) - Regulation, Allocation, and Leakage in Cap-and-Trade Markets for CO2
James B. Bushnell and Yihsu Chen #15495 (EEE) - Foreign Demand for Domestic Currency and the Optimal Rate of Inflation
Stephanie Schmitt-Grohé and Martín Uribe #15494 (EFG, IFM, ME)
Week of November 9, 2009
- Family Bonding with Universities
Jonathan Meer and Harvey S. Rosen #15493 (PE) - The Economics of Trade Agreements in the Linear Cournot Delocation Model
Kyle Bagwell and Robert W. Staiger #15492 (ITI) - Revealing Failures in the History of School Finance
Peter H. Lindert #15491 (DAE, ED) - Cross-Country Differences in Productivity: The Role of Allocation and Selection
Eric J. Bartelsman, John C. Haltiwanger, and Stefano Scarpetta #15490 (EFG, PR) - The Role of Search in University Productivity: Inside, Outside, and Interdisciplinary Dimensions
James D. Adams and J. Roger Clemmons #15489 (PR) - Trends in the Level and Distribution of Income Support
Robert A. Moffitt and John Karl Scholz #15488 (CH, PE) - A Preferred-Habitat Model of the Term Structure of Interest Rates
Dimitri Vayanos and Jean-Luc Vila #15487 (AP, EFG, ME) - Bidding for Brains: Intellectual Property Rights and the International Migration of Knowledge Workers
Carol McAusland and Peter J. Kuhn #15486 (ITI, LS, PR) - The Impact of Minimum Wage Rates on Body Weight in the United States
David O. Meltzer and Zhuo Chen #15485 (HC, HE) - Hoarding International Reserves Versus a Pigovian Tax-Cum-Subsidy Scheme: Reflections on the Deleveraging Crisis of 2008-9, and a Cost Benefit Analysis
Joshua Aizenman #15484 (ITI) - Unequal We Stand: An Empirical Analysis of Economic Inequality in the United States, 1967-2006
Jonathan Heathcote, Fabrizio Perri, and Giovanni L. Violante #15483 (EFG) - Dynamic Debt Runs
Zhiguo He and Wei Xiong #15482 (AP, CF, ME) - The Chinese Warrants Bubble
Wei Xiong and Jialin Yu #15481 (AP, ME) - Short-run Effects of Parental Job Loss on Children's Academic Achievement
Ann Huff Stevens and Jessamyn Schaller #15480 (CH, LS) - Fire Sales in a Model of Complexity
Ricardo J. Caballero and Alp Simsek #15479 (AP, CF, EFG, IFM) - Thirty Years of Currency Crises in Argentina: External Shocks or Domestic Fragility?
Graciela Kaminsky, Amine Mati, and Nada Choueiri #15478 (IFM) - Families as Roommates: Changes in U.S. Household Size from 1850 to 2000
Alejandrina Salcedo, Todd Schoellman, and Michèle Tertilt #15477 (EFG) - The Welfare Effects of Ticket Resale
Phillip Leslie and Alan Sorensen #15476 (IO) - The Global 1970s and the Echo of the Great Depression
Alan M. Taylor #15475 (DAE, ITI, POL) - The US Productivity Slowdown, the Baby Boom, and Management Quality
James Feyrer #15474 (EFG, LS, PR) - Are High Quality Schools Enough to Close the Achievement Gap? Evidence from a Social Experiment in Harlem
Will Dobbie and Roland G. Fryer, Jr #15473 (CH, ED, LS) - Mortgage Default, Foreclosure, and Bankruptcy
Wenli Li and Michelle J. White #15472 (LE) - The Rate of Return to the High/Scope Perry Preschool Program
James J. Heckman, Seong Hyeok Moon, Rodrigo Pinto, Peter A. Savelyev, and Adam Yavitz #15471 (CH, ED) - Micro, Macro, and Strategic Forces in International Trade Invoicing
Linda S. Goldberg and Cédric Tille #15470 (IFM, ITI) - Financial Literacy and Financial Sophistication Among Older Americans
Annamaria Lusardi, Olivia S. Mitchell, and Vilsa Curto #15469 (AG)
Week of November 2, 2009
- Investments in Pharmaceuticals Before and After TRIPS
Margaret Kyle and Anita McGahan #15468 (HE, ITI, PR) - Why are the 2000s so different from the 1970s? A structural interpretation of changes in the macroeconomic effects of oil prices
Olivier J. Blanchard and Marianna Riggi #15467 (EFG, IFM) - Incentives and Creativity: Evidence from the Academic Life Sciences
Pierre Azoulay, Joshua S. Graff Zivin, and Gustavo Manso #15466 (PR) - The Economic Cost of Harboring Terrorism
Efraim Benmelech, Claude Berrebi, and Esteban F. Klor #15465 (LS, PE, POL) - Identifying Government Spending Shocks: It's All in the Timing
Valerie A. Ramey #15464 (EFG, ME) - Testing the Correlated Random Coefficient Model
James J. Heckman, Daniel A. Schmierer, and Sergio S. Urzua #15463 (TWP) - Can Owning a Home Hedge the Risk of Moving?
Todd M. Sinai and Nicholas S. Souleles #15462 (AP, EFG, ME, PE) - Cheaper By the Dozen: Using Sibling Discounts at Catholic Schools to Estimate the Price Elasticity of Private School Attendance
Susan Dynarski, Jonathan Gruber, and Danielle Li #15461 (CH, ED, PE) - Breach, Remedies and Dispute Settlement in Trade Agreements
Giovanni Maggi and Robert W. Staiger #15460 (ITI) - Can Learnability Save New-Keynesian Models?
John H. Cochrane #15459 (EFG) - Paulson's Gift
Pietro Veronesi and Luigi Zingales #15458 (AP, CF) - The Demographics of Innovation and Asset Returns
Nicolae Gârleanu, Leonid Kogan, and Stavros Panageas #15457 (AP, EFG) - High-Powered Incentives in Developing Country Health Insurance: Evidence from Colombia's Régimen Subsidiado
Grant Miller, Diana M. Pinto, and Marcos Vera-Hernández #15456 (CH, HC, HE)
Week of October 26, 2009
- Is Newer Better? Penn World Table Revisions and Their Impact on Growth Estimates
Simon Johnson, William Larson, Chris Papageorgiou, and Arvind Subramanian #15455 (EFG, IFM) - A Theory of Banks, Bonds, and the Distribution of Firm Size
Katheryn N. Russ and Diego Valderrama #15454 (ITI) - Are CEOs Expected Utility Maximizers?
John List and Charles Mason #15453 (EEE, PE) - Macro-Hedging for Commodity Exporters
Eduardo Borensztein, Olivier Jeanne, and Damiano Sandri #15452 (IFM) - The Environment and Directed Technical Change
Daron Acemoglu, Philippe Aghion, Leonardo Bursztyn, and David Hemous #15451 (EEE, EFG, PE) - Attention Allocation Over the Business Cycle
Marcin Kacperczyk, Stijn Van Nieuwerburgh, and Laura Veldkamp #15450 (AP, EFG) - Institutional Investors and Proxy Voting on Compensation Plans: The Impact of the 2003 Mutual Fund Voting Disclosure Regulation
Martijn Cremers and Roberta Romano #15449 (CF) - India Transformed? Insights from the Firm Level 1988-2005
Laura Alfaro and Anusha Chari #15448 (CF, IFM, ITI, POL, EFG) - Evidence of Regulatory Arbitrage in Cross-Border Mergers of Banks in the EU
Santiago Carbo-Valverde, Edward J. Kane, and Francisco Rodriguez-Fernandez #15447 (LE) - The Changing Selectivity of American Colleges
Caroline M. Hoxby #15446 (ED, LS, PE) - The WTO: Theory and Practice
Kyle Bagwell and Robert W. Staiger #15445 (ITI) - Delocation and Trade Agreements in Imperfectly Competitive Markets
Kyle Bagwell and Robert W. Staiger #15444 (ITI) - Breakthrough Inventions and Migrating Clusters of Innovation
William R. Kerr #15443 (PR) - International Trade, Foreign Direct Investment, and Technology Spillovers
Wolfgang Keller #15442 (EFG, IO, ITI, PR) - Unilateral Measures and Emissions Mitigation
Shurojit Chatterji, Sayantan Ghosal, Sean Walsh, and John Whalley #15441 (EEE) - The Reorganization of Inventive Activity in the United States during the Early Twentieth Century
Naomi R. Lamoreaux, Kenneth L. Sokoloff, and Dhanoos Sutthiphisal #15440 (DAE) - Long Term Effects of Minimum Legal Drinking Age Laws on Adult Alcohol Use and Driving Fatalities
Robert Kaestner and Benjamin Yarnoff #15439 (HE) - Large Changes in Fiscal Policy: Taxes Versus Spending
Alberto F. Alesina and Silvia Ardagna #15438 (POL) - Not Invented Here? Innovation in Company Towns
Ajay K. Agrawal, Iain M. Cockburn, and Carlos Rosell #15437 (PR) - Effects of Urban Sprawl on Obesity
Zhenxiang Zhao and Robert Kaestner #15436 (HE) - What the Stock Market Decline Means for the Financial Security and Retirement Choices of the Near-Retirement Population
Alan L. Gustman, Thomas L. Steinmeier, and Nahid Tabatabai #15435 (AG, LS) - Paying a Premium on Your Premium? Consolidation in the U.S. Health Insurance Industry
Leemore Dafny, Mark Duggan, and Subramaniam Ramanarayanan #15434 (HC, IO, PE)
Week of October 19, 2009
- Parametric Estimations of the World Distribution of Income
Maxim Pinkovskiy and Xavier Sala-i-Martin #15433 (EFG, PR) - Financial Globalization, Financial Crises and Contagion
Enrique G. Mendoza and Vincenzo Quadrini #15432 (EFG, IFM) - Gun Control after Heller: Litigating against Regulation
Philip J. Cook, Jens Ludwig, and Adam Samaha #15431 (LE) - An Empirical Analysis of the Gender Gap in Mathematics
Roland G. Fryer, Jr and Steven D. Levitt #15430 (ED, LS) - Investment in Energy Infrastructure and the Tax Code
Gilbert E. Metcalf #15429 (EEE, PE) - Medium Term Business Cycles in Developing Countries
Diego A. Comin, Norman Loayza, Farooq Pasha, and Luis Serven #15428 (EFG, IFM, ITI, PR) - Adaptive Consumption Behavior
Peter Howitt and Ömer Özak #15427 (EFG) - Executive Compensation: Facts
Gian Luca Clementi and Thomas F. Cooley #15426 (CF) - FINANCIAL CRISES AND LIQUIDITY SHOCKS: A Bank-Run Perspective
Guillermo A. Calvo #15425 (IFM) - Inflation targeting and private sector forecasts
Stephen G. Cecchetti and Craig Hakkio #15424 (ME) - Where Does Energy R&D Come From? Examining Crowding Out from Environmentally-Friendly R&D
David Popp and Richard G. Newell #15423 (EEE, PR) - Tobacco Regulation through Litigation: The Master Settlement Agreement
W. Kip Viscusi and Joni Hersch #15422 (LE) - Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications
Claudia R. Sahm, Matthew D. Shapiro, and Joel B. Slemrod #15421 (EFG, ME, PE) - The Economics of Open Air Markets
John A. List #15420 (IO, PE) - Are Bilateral Remittances Countercyclical?
Jeffrey A. Frankel #15419 (IFM) - One TV, One Price?
Jean Imbs, Haroon Mumtaz, Morten O. Ravn, and Hélène Rey #15418 (IFM, IO, ITI) - Culture, Policies and Labor Market Outcomes
Francesco Giavazzi, Fabio Schiantarelli, and Michel Serafinelli #15417 (IFM, POL) - Two Perspectives on Preferences and Structural Transformation
Berthold Herrendorf, Richard Rogerson, and �?kos Valentinyi #15416 (EFG)
Week of October 12, 2009
- Family Ties and Political Participation
Alberto F. Alesina and Paola Giuliano #15415 (POL) - Crises and Liquidity in Over-the-Counter Markets
Ricardo Lagos, Guillaume Rocheteau, and Pierre-Olivier Weill #15414 (AP, EFG, ME) - Traffic Congestion and Infant Health: Evidence from E-ZPass
Janet Currie and Reed Walker #15413 (CH, EEE, HE, PE) - Accidental Death and the Rule of Joint and Several Liability
Daniel Carvell, Janet Currie, and W. Bentley MacLeod #15412 (HE, LE) - Endowments, Fiscal Federalism, and the Cost of Capital for States: Evidence from Brazil, 1891-1930
André C. Martínez Fritscher and Aldo Musacchio #15411 (DAE) - Moral Hazard Matters: Measuring Relative Rates of Underinsurance Using Threshold Measures
Jean Marie Abraham, Thomas DeLeire, and Anne Beeson Royalty #15410 (HE) - The Area and Population of Cities: New Insights from a Different Perspective on Cities
Hernán D. Rozenfeld, Diego Rybski, Xavier Gabaix, and Hernán A. Makse #15409 (EFG) - Top Incomes in the Long Run of History
Anthony B. Atkinson, Thomas Piketty, and Emmanuel Saez #15408 (DAE, LS, PE) - Activist Fiscal Policy to Stabilize Economic Activity
Alan J. Auerbach and William G. Gale #15407 (EFG, PE) - Recent Trends in the Earnings of New Immigrants to the United States
George J. Borjas and Rachel M. Friedberg #15406 (LS) - Optimal taxation in the presence of bailouts
Stavros Panageas #15405 (AP, EFG, PE) - Why are we in a recession? The Financial Crisis is the Symptom not the Disease!
Ravi Jagannathan, Mudit Kapoor, and Ernst Schaumburg #15404 (EFG)
Week of October 5, 2009
- Banking Crises and the Rules of the Game
Charles Calomiris #15403 (CF, DAE, POL) - Government Advertising and Media Coverage of Corruption Scandals
Rafael Di Tella and Ignacio Franceschelli #15402 (POL) - Are Hard Pegs Ever Credible in Emerging Markets? Evidence from the Classical Gold Standard
Kris James Mitchener and Marc D. Weidenmier #15401 (DAE, IFM) - Power Fluctuations and Political Economy
Daron Acemoglu, Mikhail Golosov, and Aleh Tsyvinski #15400 (EFG, PE, POL) - Disasters Risk and Business Cycles
François Gourio #15399 (AP, EFG, ME) - Spatial Mismatch, Immigrant Networks, and Hispanic Employment in the United States
Judith K. Hellerstein, Melissa McInerney, and David Neumark #15398 (LS) - U.S. Trade Policy Since 1934: An Uneven Path Toward Greater Trade Liberalization
Robert E. Baldwin #15397 (ITI, POL) - Microinsurance, Trust and Economic Development: Evidence from a Randomized Natural Field Experiment
Hongbin Cai, Yuyu Chen, Hanming Fang, and Li-An Zhou #15396 (PE) - The Market Crash and Mass Layoffs: How the Current Economic Crisis May Affect Retirement
Courtney Coile and Phillip B. Levine #15395 (AG, LS) - When is the government spending multiplier large?
Lawrence Christiano, Martin Eichenbaum, and Sergio Rebelo #15394 (EFG) - Intellectual Property Rights, Foreign Direct Investment, and Industrial Development
Lee Branstetter and Kamal Saggi #15393 (ITI, PR) - Regulation of private health insurance markets: Lessons from enrollment, plan type choice, and adverse selection in Medicare Part D
Florian Heiss, Daniel McFadden, and Joachim Winter #15392 (AG, HE) - Son Preference and the Persistence of Culture: Evidence from Asian Immigrants to Canada
Douglas Almond, Lena Edlund, and Kevin Milligan #15391 (CH) - Music for a Song: An Empirical Look at Uniform Song Pricing and its Alternatives
Ben Shiller and Joel Waldfogel #15390 (IO)
Week of September 28, 2009
- Credit Crises, Money and Contractions: an historical view
Michael D. Bordo and Joseph G. Haubrich #15389 (DAE, IFM) - The formation of inflation expectations: an empirical analysis for the UK
David G. Blanchflower and Conall MacCoille #15388 (ME) - Into College, Out of Poverty? Policies to Increase the Postsecondary Attainment of the Poor
David Deming and Susan Dynarski #15387 (CH, ED, LS, PE) - Evidence from Two Large Field Experiments that Peer Comparison Feedback Can Reduce Residential Energy Usage
Ian Ayres, Sophie Raseman, and Alice Shih #15386 (EEE) - Evaluating Monetary Policy
Lars E.O. Svensson #15385 (EFG, ME) - Credit Default Swaps and the Credit Crisis
René M. Stulz #15384 (CF) - The Welfare Effects of Medical Malpractice Liability
Darius N. Lakdawalla and Seth A. Seabury #15383 (HC, HE, PE) - Is the Volatility of the Market Price of Risk due to Intermittent Portfolio Re-balancing?
Yi-Li Chien, Harold L. Cole, and Hanno Lustig #15382 (AP, EFG) - On the Scholes Liquidation Problem
David B. Brown, Bruce Ian Carlin, and Miguel Sousa Lobo #15381 (AP) - The Effects of School Desegregation on Crime
David A. Weiner, Byron F. Lutz, and Jens Ludwig #15380 (CH, HE) - Financial Crises and Economic Activity
Stephen G. Cecchetti, Marion Kohler, and Christian Upper #15379 (ME) - Persistence of Civil Wars
Daron Acemoglu, Davide Ticchi, and Andrea Vindigni #15378 (POL) - Clusters of Entrepreneurship
Edward L. Glaeser, William R. Kerr, and Giacomo A.M. Ponzetto #15377 (EFG) - The Fundamental Law of Road Congestion: Evidence from US cities
Gilles Duranton and Matthew A. Turner #15376 (EEE) - Methods versus Substance: Measuring the Effects of Technology Shocks on Hours
José-Víctor Ríos-Rull, Frank Schorfheide, Cristina Fuentes-Albero, Maxym Kryshko, and Raül Santaeulàlia-Llopis #15375 (EFG, ME) - Riding the Wave of Trade: Explaining the Rise of Labor Regulation in the Golden Age of Globalization
Michael Huberman and Christopher M. Meissner #15374 (DAE) - The Economic and Policy Consequences of Catastrophes
Robert S. Pindyck and Neng Wang #15373 (EEE, EFG, PE) - Measuring How Risk Tradeoffs Adjust With Income
Mary F. Evans and V. Kerry Smith #15372 (EEE) - The Impact of Tort Reform on Employer-Sponsored Health Insurance Premiums
Ronen Avraham, Leemore S. Dafny, and Max M. Schanzenbach #15371 (HC, LE) - Level versus Equivalent Intensity Carbon Mitigation Commitments
Huifang Tian and John Whalley #15370 (EEE)
Week of September 21, 2009
- Macroeconomic Effects from Government Purchases and Taxes
Robert J. Barro and Charles J. Redlick #15369 (EFG, ME, PE) - Do Leaders Affect Government Spending Priorities?
Adi Brender and Allan Drazen #15368 (EFG, POL) - Measuring Central Bank Communication: An Automated Approach with Application to FOMC Statements
David O. Lucca and Francesco Trebbi #15367 (ME) - Who Counts in Evaluating the Effects of Air Pollution Policies on Households? Non-Market Valuation in the Presence of Dependencies
Mary F. Evans, Christine Poulos, and V. Kerry Smith #15366 (EEE) - Party Affiliation, Partisanship, and Political Beliefs: A Field Experiment
Alan S. Gerber, Gregory A. Huber, and Ebonya Washington #15365 (POL) - Inheritances, Health and Death
Beomsoo Kim and Christopher J. Ruhm #15364 (AG, HC, HE) - Model Structure and the Combined Welfare and Trade Effects of China's Trade Related Policies
Yan Dong and John Whalley #15363 (ITI) - Systemic Risk and the Refinancing Ratchet Effect
Amir E. Khandani, Andrew W. Lo, and Robert C. Merton #15362 (AP, EFG) - The Political Economy of Ethnolinguistic Cleavages
Klaus Desmet, Ignacio Ortuño-Ortín, and Romain Wacziarg #15360 (POL) - Lost in Transit: Product Replacement Bias and Pricing to Market
Emi Nakamura and Jón Steinsson #15359 (EFG, IFM, ME, PR) - Cross-Country Causes and Consequences of the 2008 Crisis: International Linkages and American Exposure
Andrew K. Rose and Mark M. Spiegel #15358 (IFM) - Cross-Country Causes and Consequences of the 2008 Crisis: Early Warning
Andrew K. Rose and Mark M. Spiegel #15357 (IFM) - Financial Innovation and Endogenous Growth
Stelios Michalopoulos, Luc Laeven, and Ross Levine #15356 (CF, EFG, IFM) - Women's Rights and Development
Raquel Fernández #15355 (DAE, EFG, LE, POL) - A Cure for Crime? Psycho-Pharmaceuticals and Crime Trends
Dave E. Marcotte and Sara Markowitz #15354 (HE, LE, PE) - Towards a Common European Monetary Union Risk Free Rate
Sergio Mayordomo, Juan Ignacio Peña, and Eduardo S. Schwartz #15353 (AP, IFM) - Financial Literacy among the Young: Evidence and Implications for Consumer Policy
Annamaria Lusardi, Olivia S. Mitchell, and Vilsa Curto #15352 (AG) - Misperceptions About the Magnitude and Timing of Changes in American Income Inequality
Robert J. Gordon #15351 (EFG, LS, PR)
Week of September 14, 2009
- How Ordinary Consumers Make Complex Economic Decisions: Financial Literacy and Retirement Readiness
Annamaria Lusardi and Olivia S. Mitchell #15350 (AG) - Spatial Development
Klaus Desmet and Esteban Rossi-Hansberg #15349 (EFG, ITI, PR) - Mom-and-Pop Meet Big-Box: Complements or Substitutes?
John C. Haltiwanger, Ron S. Jarmin, and C. J. Krizan #15348 (EFG) - Professionals Do Not Play Minimax: Evidence from Major League Baseball and the National Football League
Kenneth Kovash and Steven D. Levitt #15347 (LE, PE) - Selection and Comparative Advantage in Technology Adoption
Tavneet Suri #15346 (PR) - Poverty Alleviation and Child Labor
Eric V. Edmonds and Norbert Schady #15345 (CH) - The Right Amount of Trust
Jeffrey Butler, Paola Giuliano, and Luigi Guiso #15344 (POL) - How Far Are We From The Slippery Slope? The Laffer Curve Revisited
Mathias Trabandt and Harald Uhlig #15343 (EFG, PE) - Export Prices and Heterogeneous Firm Models
Kalina Manova and Zhiwei Zhang #15342 (ITI) - Growth Accounting
Charles R. Hulten #15341 (PR) - Technological Growth and Asset Pricing
Nicolae B. Gârleanu, Stavros Panageas, and Jianfeng Yu #15340 (AP, EFG) - How large are returns to schooling? Hint: Money isn't everything
Philip Oreopoulos and Kjell G. Salvanes #15339 (CH, ED, LS) - Macroeconomic Effects of Financial Shocks
Urban Jermann and Vincenzo Quadrini #15338 (EFG) - Unintended Consequences from Nested State & Federal Regulations: The Case of the Pavley Greenhouse-Gas-per-Mile Limits
Lawrence H. Goulder, Mark R. Jacobsen, and Arthur A. van Benthem #15337 (EEE, LE, PE) - Hedge Funds as Liquidity Providers: Evidence from the Lehman Bankruptcy
George O. Aragon and Philip E. Strahan #15336 (AP) - Risk and Expected Returns of Private Equity Investments: Evidence Based on Market Prices
Narasimhan Jegadeesh, Roman Kräussl, and Joshua Pollet #15335 (AP) - The Subprime Crisis and House Price Appreciation
William N. Goetzmann, Liang Peng, and Jacqueline Yen #15334 (EFG) - Risk Aversion and Clientele Effects
Douglas W. Blackburn, William N. Goetzmann, and Andrey D. Ukhov #15333 (AP) - New Evidence on the First Financial Bubble
Rik G.P. Frehen, William N. Goetzmann, and K. Geert Rouwenhorst #15332 (IFM) - Multiple Ratings and Credit Spreads
Dion Bongaerts, K.J. Martijn Cremers, and William N. Goetzmann #15331 (CF) - Insurer Bargaining and Negotiated Drug Prices in Medicare Part D
Darius Lakdawalla and Wesley Yin #15330 (HC, HE) - Income Distribution, Product Quality, and International Trade
Pablo D. Fajgelbaum, Gene M. Grossman, and Elhanan Helpman #15329 (ITI) - Behavioral Economics and Tax Policy
William Congdon, Jeffrey R. Kling, and Sendhil Mullainathan #15328 (PE)
Week of September 7, 2009
- Mutual Fund Tax Clienteles
Clemens Sialm and Laura Starks #15327 (AP, PE) - Genetic Adverse Selection: Evidence from Long-Term Care Insurance and Huntington Disease
Emily Oster, Ira Shoulson, Kimberly Quaid, and E. Ray Dorsey #15326 (HC, HE, LS, PE) - The Financing of R&D and Innovation
Bronwyn H. Hall and Josh Lerner #15325 (CF, IO, PR) - Dynamic Incentive Accounts
Alex Edmans, Xavier Gabaix, Tomasz Sadzik, and Yuliy Sannikov #15324 (AG, CF, EFG) - Teacher Performance Pay: Experimental Evidence from India
Karthik Muralidharan and Venkatesh Sundararaman #15323 (CH, ED, LS, PE) - Estimating the Employer Switching Costs and Wage Responses of Forward-Looking Engineers
Jeremy T. Fox #15322 (LS) - Growing Up in a Recession: Beliefs and the Macroeconomy
Paola Giuliano and Antonio Spilimbergo #15321 (POL) - Recent Trends in Top Income Shares in the USA: Reconciling Estimates from March CPS and IRS Tax Return Data
Richard V. Burkhauser, Shuaizhang Feng, Stephen P. Jenkins, and Jeff Larrimore #15320 (LS, PE, TWP) - The CHAT Dataset
Diego A. Comin and Bart Hobijn #15319 (CF, DAE, EFG, ITI, LS, POL, PR) - Measuring the Timing Ability and Performance of Bond Mutual Funds
Yong Chen, Wayne Ferson, and Helen Peters #15318 (AP) - The Efficiency of Sponsor and Participant Portfolio Choices in 401(k) Plans
Ning Tang, Olivia S. Mitchell, Gary R. Mottola, and Stephen Utkus #15317 (AG, LS, PE) - Induced Innovation and Social Inequality: Evidence from Infant Medical Care
David M. Cutler, Ellen Meara, and Seth Richards #15316 (HC) - Specific and General Information Sharing Among Academic Scientists
Carolin Haeussler, Lin Jiang, Jerry Thursby, and Marie C. Thursby #15315 (PR) - The Effect of Maternal Depression and Substance Abuse on Child Human Capital Development
Richard G. Frank and Ellen Meara #15314 (HC, HE) - Entry, Exit, and the Determinants of Market Structure
Timothy Dunne, Shawn D. Klimek, Mark J. Roberts, and Daniel Yi Xu #15313 (IO) - News Shocks
Robert B. Barsky and Eric R. Sims #15312 (AP, EFG, ME, PR) - The Short-Term Mortality Consequences of Income Receipt
William N. Evans and Timothy J. Moore #15311 (HC, HE) - Liquidity, Activity, Mortality
William N. Evans and Timothy J. Moore #15310 (HC, HE) - Estimating Heterogeneity in the Benefits of Medical Treatment Intensity
William N. Evans and Craig L. Garthwaite #15309 (CH, HC, HE) - Portfolio Choice in Retirement: Health Risk and the Demand for Annuities, Housing, and Risky Assets
Motohiro Yogo #15307 (AG, AP, HE) - Nature of Oil Price Shocks and Monetary Policy
Junhee Lee and Joonhyuk Song #15306 (ME)
Week of August 31, 2009
- Five Centuries of Latin American Inequality
Jeffrey G. Williamson #15305 (DAE) - Intracompany Governance and Innovation
Sharon Belenzon, Tomer Berkovitz, and Patrick Bolton #15304 (CF, IO, LE) - How large are the effects of tax changes?
Carlo Favero and Francesco Giavazzi #15303 (IFM) - Political Economy of Ramsey Taxation
Daron Acemoglu, Mikhail Golosov, and Aleh Tsyvinski #15302 (EFG, PE, POL) - Matching on the Estimated Propensity Score
Alberto Abadie and Guido W. Imbens #15301 (LS) - Soft Budgets and Renegotiations in Public-Private Partnerships
Eduardo Engel, Ronald Fischer, and Alexander Galetovic #15300 (IO, PE) - Do Universities Generate Agglomeration Spillovers? Evidence from Endowment Value Shocks
Shawn Kantor and Alexander Whalley #15299 (ED, EFG) - Persuasion: Empirical Evidence
Stefano DellaVigna and Matthew Gentzkow #15298 (AP, IO, LS, PE, POL) - When Everyone Runs for the Exit
Lasse Heje Pedersen #15297 (AP, ME) - Numerically Stable Stochastic Simulation Approaches for Solving Dynamic Economic Models
Kenneth Judd, Lilia Maliar, and Serguei Maliar #15296 (EFG, TWP) - Professor Zipf goes to Wall Street
Yannick Malevergne, Pedro Santa-Clara, and Didier Sornette #15295 (AP) - Explaining the Price of Voluntary Carbon Offsets
Marc N. Conte and Matthew J. Kotchen #15294 (EEE, PE) - Impacts of Alternative Emissions Allowance Allocation Methods under a Federal Cap-and-Trade Program
Lawrence H. Goulder, Marc A. C. Hafstead, and Michael S. Dworsky #15293 (EEE, PE) - Low-Frequency Robust Cointegration Testing
Ulrich Müller and Mark W. Watson #15292 (TWP) - Katrina's Children: Evidence on the Structure of Peer Effects from Hurricane Evacuees
Scott Imberman, Adriana D. Kugler, and Bruce Sacerdote #15291 (CH, ED, LS, PE) - Economic Conditions and U.S. National Security in the 1930s and Today
Martin S. Feldstein #15290 (DAE, EFG, PE) - Credit Spreads and Monetary Policy
Vasco Cúrdia and Michael Woodford #15289 (ME) - What - or Who - Started the Great Depression?
Lee E. Ohanian #15258 (EFG)
Week of August 24, 2009
- Variance in Death and Its Implications for Modeling and Forecasting Mortality
Shripad Tuljapurkar and Ryan D. Edwards #15288 (AG, HE) - Alternative Measures of Offshorability: A Survey Approach
Alan S. Blinder and Alan B. Krueger #15287 (EFG, ITI, LS) - The Granular Origins of Aggregate Fluctuations
Xavier Gabaix #15286 (EFG) - The Impact of Information Technology on Scientists' Productivity, Quality and Collaboration Patterns
Waverly W. Ding, Sharon G. Levin, Paula E. Stephan, and Anne E. Winkler #15285 (LS, PR) - The Rug Rat Race
Garey Ramey and Valerie A. Ramey #15284 (CH, LS) - House Prices, Home Equity-Based Borrowing, and the U.S. Household Leverage Crisis
Atif R. Mian and Amir Sufi #15283 (AP, CF, DAE, EFG, IFM, ME) - Labor-Market Matching with Precautionary Savings and Aggregate Fluctuations
Per Krusell, Toshihiko Mukoyama, and Aysegul Sahin #15282 (EFG) - Means-Tested Mortgage Modification: Homes Saved or Income Destroyed?
Casey B. Mulligan #15281 (EFG, PE) - Spring Cleaning: Rural Water Impacts, Valuation and Property Rights Institutions
Michael Kremer, Jessica Leino, Edward Miguel, and Alix Peterson Zwane #15280 (CH, EEE, HE, PE) - The Trouble with Cases
Frederick Schauer and Richard Zeckhauser #15279 (, POL) - The Greatest Photographers of the Twentieth Century
David Galenson #15278 (PR) - Grazing, Goods and Girth: Determinants and Effects
Daniel S. Hamermesh #15277 (LS) - Nonparametric Identification of Multinomial Choice Demand Models with Heterogeneous Consumers
Steven T. Berry and Philip A. Haile #15276 (IO, TWP) - Finance and Inequality: Theory and Evidence
Asli Demirguc-Kunt and Ross Levine #15275 (EFG, IFM, POL) - Adjustment of State Owned and Foreign-Funded Enterprises in China to Economic Reforms,1980s-2007: a logistic smooth transition regression (LSTR) approach
Joshua Aizenman and Nan Geng #15274 (ITI) - Haircuts
Gary B. Gorton and Andrew Metrick #15273 (AP, CF, EFG, ME) - Playing the Admissions Game: Student Reactions to Increasing College Competition
John Bound, Brad Hershbein, and Bridget Terry Long #15272 (ED, LS) - Aging, religion, and health
Angus S. Deaton #15271 (AG, HC) - Monetary Policy Shifts and the Term Structure
Andrew Ang, Jean Boivin, Sen Dong, and Rudy Loo-Kung #15270 (AP, ME) - Anchoring Fiscal Expectations
Eric M. Leeper #15269 (EFG) - Productivity Growth and Capital Flows: The Dynamics of Reforms
Francisco J. Buera and Yongseok Shin #15268 (EFG, IFM) - Trade Booms, Trade Busts, and Trade Costs
David S. Jacks, Christopher M. Meissner, and Dennis Novy #15267 (DAE) - Cognition and Economic Outcomes in the Health and Retirement Survey
John J. McArdle, James P. Smith, and Robert Willis #15266 (AG) - A Tractable Model of Buffer Stock Saving
Christopher D. Carroll and Patrick Toche #15265 (AP) - Corporate Taxes and Union Wages in the United States
R. Alison Felix and James R. Hines, Jr. #15263 (PE) - Taxes and Trading versus Intensity Standards: Second-Best Environmental Policies with Incomplete Regulation (Leakage) or Market Power
Stephen P. Holland #15262 (EEE, PE) - Trade, Foreign Investment, and Industrial Policy for Developing Countries
Ann Harrison and Andrés Rodríguez-Clare #15261 (ITI)
Week of August 17, 2009
- The Determinants of Stock and Bond Return Comovements
Lieven Baele, Geert Bekaert, and Koen Inghelbrecht #15260 (AP) - Uncertain Outcomes and Climate Change Policy
Robert S. Pindyck #15259 (EEE, IO, PE) - Consumption and Labor Supply with Partial Insurance: An Analytical Framework
Jonathan Heathcote, Kjetil Storesletten, and Giovanni L. Violante #15257 (EFG, LS) - Estimating Causal Effects of Early Occupational Choice on Later Health: Evidence Using the PSID
Jason M. Fletcher and Jody L. Sindelar #15256 (HE) - Accounting for Incomplete Pass-Through
Emi Nakamura and Dawit Zerom #15255 (EFG, IFM, IO, ME) - Aggregate Implications of Micro Asset Market Segmentation
Chris Edmond and Pierre-Olivier Weill #15254 (AP) - Position Auctions with Consumer Search
Susan Athey and Glenn Ellison #15253 (IO) - Aggregate Labor Market Outcomes: The Role of Choice and Chance
Per Krusell, Toshihiko Mukoyama, Richard Rogerson, and Aysegul Sahin #15252 (EFG) - A Three State Model of Worker Flows in General Equilibrium
Per Krusell, Toshihiko Mukoyama, Richard Rogerson, and Aysegul Sahin #15251 (EFG) - On the Death of Distance and Borders: Evidence from the Nineteenth Century
David S. Jacks #15250 (DAE) - China's Exporters and Importers: Firms, Products and Trade Partners
Kalina Manova and Zhiwei Zhang #15249 (ITI) - Investment and Capital Constraints: Repatriations Under the American Jobs Creation Act
Michael Faulkender and Mitchell Petersen #15248 (CF) - On the Size Distribution of Macroeconomic Disasters
Robert J. Barro and Tao Jin #15247 (AP, EFG, ME) - The Simple Economics of Salience and Taxation
Raj Chetty #15246 (LE, PE) - Work Disability, Work, and Justification Bias in Europe and the U.S.
Arie Kapteyn, James P. Smith, and Arthur van Soest #15245 (AG, HC, HE) - Trending Current Accounts
Horag Choi and Nelson C. Mark #15244 (IFM) - A Parsimonious Macroeconomic Model for Asset Pricing
Fatih Guvenen #15243 (AP, EFG, ME) - Screening in New Credit Markets: Can Individual Lenders Infer Borrower Creditworthiness in Peer-to-Peer Lending?
Rajkamal Iyer, Asim Ijaz Khwaja, Erzo F.P. Luttmer, and Kelly Shue #15242 (CF, IO, PE) - Beyond Testing: Empirical Models of Insurance Markets
Liran Einav, Amy Finkelstein, and Jonathan Levin #15241 (AG, HC, IO, PE) - Disasters implied by equity index options
David Backus, Mikhail Chernov, and Ian Martin #15240 (AP, EFG) - Who Pays a Price on Carbon?
Corbett A. Grainger and Charles D. Kolstad #15239 (EEE) - A Search Cost Model of Obfuscation
Glenn Ellison and Alexander Wolitzky #15237 (IO) - School Entry, Educational Attainment and Quarter of Birth: A Cautionary Tale of LATE
Rashmi Barua and Kevin Lang #15236 (ED, LS) - International Differences in Longevity and Health and their Economic Consequences
Pierre-Carl Michaud, Dana Goldman, Darius Lakdawalla, Adam Gailey, and Yuhui Zheng #15235 (HE) - Causality, Structure, and the Uniqueness of Rational Expectations Equilibria
Bennett T. McCallum #15234 (EFG, ME) - Is the U.S. Losing Its Preeminence in Higher Education?
James D. Adams #15233 (ED, PR) - The Impact of Job Stress on Smoking and Quitting: Evidence from the HRS
Padmaja Ayyagari and Jody L. Sindelar #15232 (HE) - Understanding the Economic Consequences of Shifting Trends in Population Health
Pierre-Carl Michaud, Dana Goldman, Darius Lakdawalla, Yuhui Zheng, and Adam Gailey #15231 (HE) - Political Selection and Persistence of Bad Governments
Daron Acemoglu, Georgy Egorov, and Konstantin Sonin #15230 (EFG, POL) - Effects of Venue-Specific State Clean Indoor Air Laws on Smoking-Related Outcomes
Marianne P. Bitler, Christopher Carpenter, and Madeline Zavodny #15229 (HE) - A Tractable Model of Precautionary Reserves, Net Foreign Assets, or Sovereign Wealth Funds
Christopher D. Carroll and Olivier Jeanne #15228 (AP, IFM) - Costly Portfolio Adjustment
Yosef Bonaparte and Russell Cooper #15227 (EFG, AP) - Nonparametric Identification and Estimation of Nonadditive Hedonic Models
James J. Heckman, Rosa L. Matzkin, and Lars Nesheim #15226 (TWP) - Risk, Volatility, and the Global Cross-Section of Growth Rates
Craig Burnside and Alexandra Tabova #15225 (EFG, IFM) - Partisan Representation in Congress and the Geographic Distribution of Federal Funds
David Albouy #15224 (PE, POL) - Securitized Banking and the Run on Repo
Gary B. Gorton and Andrew Metrick #15223 (AP, CF, EFG, ME) - Asset Return Dynamics under Bad Environment Good Environment Fundamentals
Geert Bekaert and Eric Engstrom #15222 (AP) - Informal Taxation
Benjamin A. Olken and Monica Singhal #15221 (PE, POL) - What is the probability your vote will make a difference?
Andrew Gelman, Nate Silver, and Aaron Edlin #15220 (LE, PE) - The stock market and aggregate employment
Long Chen and Lu Zhang #15219 (AP, EFG, LS) - Why Can Modern Governments Tax So Much? An Agency Model of Firms as Fiscal Intermediaries
Henrik Jacobsen Kleven, Claus Thustrup Kreiner, and Emmanuel Saez #15218 (PE) - The Americanization of European Higher Education and Research
Lex Borghans and Frank Cörvers #15217 (ED) - Do Expenditures Other Than Instructional Expenditures Affect Graduation and Persistence Rates in American Higher Education
Douglas A. Webber and Ronald G. Ehrenberg #15216 (ED, LS) - Liquidity and Asset Prices: A Unified Framework
Dimitri Vayanos and Jiang Wang #15215 (AP) - Input Constraints and the Efficiency of Entry: Lessons from Cardiac Surgery
David M. Cutler, Robert S. Huckman, and Jonathan T. Kolstad #15214 (HC, IO, PR)
Week of August 10, 2009
- Low Life Expectancy in the United States: Is the Health Care System at Fault?
Samuel H. Preston and Jessica Y. Ho #15213 (AG, HC) - Bank CEO Incentives and the Credit Crisis
Rüdiger Fahlenbrach and René M. Stulz #15212 (CF) - Evaluating Marginal Policy Changes and the Average Effect of Treatment for Individuals at the Margin
Pedro Carneiro, James J. Heckman, and Edward J. Vytlacil #15211 (TWP) - A Simple Nonparametric Estimator for the Distribution of Random Coefficients
Patrick Bajari, Jeremy T. Fox, Kyoo il Kim, and Stephen P. Ryan #15210 (ED, IO, LS, PR, TWP) - Electoral Fraud, the Rise of Peron and Demise of Checks and Balances in Argentina
Lee J. Alston and Andrés A. Gallo #15209 (DAE, LE, POL) - A New Data Set on Monetary Policy: The Economic Forecasts of Individual Members of the FOMC
David H. Romer #15208 (EFG, ME) - The Composition Matters: Capital Inflows and Liquidity Crunch during a Global Economic Crisis
Hui Tong and Shang-Jin Wei #15207 (CF, IFM) - Do Some Enterprise Zones Create Jobs?
Jed Kolko and David Neumark #15206 (LS) - Dynamic Trading with Predictable Returns and Transaction Costs
Nicolae B. Garleanu and Lasse H. Pedersen #15205 (AP) - Capital Market Integration and Wages
Peter Blair Henry and Diego Sasson #15204 (EFG, IFM, ITI, LS, ME) - The Effect of OEF/OIF Deployment Intensity on the Rate of Posttraumatic Stress Disorder Among Active Duty Population
Yu-Chu Shen, Jeremy Arkes, Boon Wah Kwan, Lai Yee Tan, and Thomas V. Williams #15203 (HC) - Teaching Students and Teaching Each Other: The Importance of Peer Learning for Teachers
C. Kirabo Jackson and Elias Bruegmann #15202 (ED, LS) - Anger and Regulation
Rafael Di Tella and Juan Dubra #15201 (POL)
Week of August 3, 2009
- Estimating Treatment Effects from Contaminated Multi-Period Education Experiments: The Dynamic Impacts of Class Size Reductions
Weili Ding and Steven F. Lehrer #15200 (CH, ED, TWP) - Measuring Economic Growth from Outer Space
J. Vernon Henderson, Adam Storeygard, and David N. Weil #15199 (EFG) - Markups and firm-level export status
Jan De Loecker and Frederic Warzynski #15198 (IO, PR) - Illiquidity and Interest Rate Policy
Douglas W. Diamond and Raghuram G. Rajan #15197 (CF, ME) - International Welfare and Employment Linkages Arising from Minimum Wages
Hartmut Egger, Peter Egger, and James R. Markusen #15196 (ITI) - Why did Countries Adopt the Gold Standard? Lessons from Japan
Kris James Mitchener, Masato Shizume, and Marc D. Weidenmier #15195 (DAE, IFM) - Growth in the Shadow of Expropriation
Mark Aguiar and Manuel Amador #15194 (EFG, IFM) - Firm Dynamics and Financial Development
Cristina Arellano, Yan Bai, and Jing Zhang #15193 (EFG, IFM) - A Theory of Firm Decline
Gian Luca Clementi, Thomas F. Cooley, and Sonia Di Giannatale #15192 (CF, EFG) - Dynamic Cost-offsets of Prescription Drug Expenditures: Panel Data Analysis Using a Copula-based Hurdle Model
Partha Deb, Pravin K. Trivedi, and David M. Zimmer #15191 (HE) - FORTY YEARS OF LATIN AMERICA’S ECONOMIC DEVELOPMENT: From the Alliance for Progress to the Washington Consensus
Sebastian Edwards #15190 (IFM, ITI) - Market Selection
Leonid Kogan, Stephen Ross, Jiang Wang, and Mark M. Westerfield #15189 (AP) - Why Did Some Banks Perform Better During the Credit Crisis? A Cross-Country Study of the Impact of Governance and Regulation
Andrea Beltratti and René M. Stulz #15180 (CF, IFM) - Changing Research Perspectives on the Global Health Workforce
Till Bärnighausen and David E. Bloom #15168 (HE)
Week of July 27, 2009
- A Factor Analysis of Bond Risk Premia
Sydney C. Ludvigson and Serena Ng #15188 (AP) - Estimation of DSGE Models When the Data are Persistent
Yuriy Gorodnichenko and Serena Ng #15187 (EFG, IFM, ME, TWP) - Social Ties and the Job Search of Recent Immigrants
Deepti Goel and Kevin Lang #15186 (LS) - Income Misattribution under Formula Apportionment
James R. Hines, Jr. #15185 (PE) - Capital Budgeting vs. Market Timing: An Evaluation Using Demographics
Stefano DellaVigna and Joshua M. Pollet #15184 (AP, CF) - Product Recalls, Imperfect Information, and Spillover Effects: Lessons from the Consumer Response to the 2007 Toy Recalls
Seth M. Freedman, Melissa Schettini Kearney, and Mara Lederman #15183 (CH, IO, LE, PE) - Empirics on the Origins of Preferences: The Case of College Major and Religiosity
Miles S. Kimball, Colter M. Mitchell, Arland D. Thornton, and Linda C. Young-Demarco #15182 (ED) - The Under-Reporting of Transfers in Household Surveys: Its Nature and Consequences
Bruce D. Meyer, Wallace K. C. Mok, and James X. Sullivan #15181 (CH, LS, PE) - A Note on Adapting Propensity Score Matching and Selection Models to Choice Based Samples
James J. Heckman and Petra E. Todd #15179 (TWP) - The Long and Short (of) Quality Ladders
Amit Khandelwal #15178 (ITI) - The Effects of the Length of the Tax-Loss Carryback Period on Tax Receipts and Corporate Marginal Tax Rates
John R. Graham and Hyunseob Kim #15177 (CF, PE) - Insulation Impossible: Fiscal Spillovers in a Monetary Union
Russell Cooper, Hubert Kempf, and Dan Peled #15176 (EFG) - Local Dividend Clienteles
Bo Becker, Zoran Ivkovich, and Scott Weisbenner #15175 (CF) - A Quality-Adjusted Price Index for Colorectal Cancer Drugs
Claudio Lucarelli and Sean Nicholson #15174 (HC, IO) - Policy Responses to Exchange-Rate Movements
Laurence M. Ball #15173 (IFM, ME)
Week of July 20, 2009
- WHEN CONSENSUS CHOICE DOMINATES INDIVIDUALISM: Jensen's Inequality and Collective Decisions under Uncertainty
Charles F. Manski #15172 (PE, POL) - Latin America's Decline: A Long Historical View
Sebastian Edwards #15171 (IFM, ITI) - Market Valuation of Accrued Social Security Benefits
John Geanakoplos and Stephen P. Zeldes #15170 (AG, AP, EFG, ME, PE) - Rebalancing Growth in Asia
Eswar S. Prasad #15169 (IFM) - Subgame Perfect Implementation with Almost Perfect Information and the Hold-Up Problem
Philippe Aghion, Drew Fudenberg, and Richard T. Holden #15167 (EFG) - Heterogeneity and Cyclical Unemployment
Mark Bils, Yongsung Chang, and Sun-Bin Kim #15166 (EFG) - Some Unpleasant General Equilibrium Implications of Executive Incentive Compensation Contracts
John B. Donaldson, Natalia Gershun, and Marc P. Giannoni #15165 (EFG, ME) - Selection Stories: Understanding Movement Across Health Plans
David M. Cutler, Bryan Lincoln, and Richard J. Zeckhauser #15164 (AG, HC, HE) - Does Health Insurance Make You Fat?
Jay Bhattacharya, Kate Bundorf, Noemi Pace, and Neeraj Sood #15163 (HC, HE, PE) - Automobiles on Steroids: Product Attribute Trade-Offs and Technological Progress in the Automobile Sector
Christopher R. Knittel #15162 (EEE, IO, PR) - Changing the Price of Marriage: Evidence from Blood Test Requirements
Kasey S. Buckles, Melanie E. Guldi, and Joseph Price #15161 (CH, LS) - Dynamics of Fiscal Financing in the United States
Eric M. Leeper, Michael Plante, and Nora Traum #15160 (EFG) - Why Don't Lenders Renegotiate More Home Mortgages? Redefaults, Self-Cures and Securitization
Manuel Adelino, Kristopher Gerardi, and Paul S. Willen #15159 (EFG) - The 2007 Subprime Market Crisis Through the Lens of European Central Bank Auctions for Short-Term Funds
Nuno Cassola, Ali Hortacsu, and Jakub Kastl #15158 (AP, EFG, IFM, IO, ME) - The End of Gatekeeping: Underwriters and the Quality of Sovereign Bond Markets, 1815-2007
Marc Flandreau, Juan H. Flores, Norbert Gaillard, and Sebastian Nieto-Parra #15128 (IFM)
Week of July 13, 2009
- The Potato's Contribution to Population and Urbanization: Evidence from an Historical Experiment
Nathan Nunn and Nancy Qian #15157 (CH, DAE, POL) - Valuing Public Goods Using Happiness Data: The Case of Air Quality
Arik Levinson #15156 (EEE, PE) - Productivity Differences Between and Within Countries
Daron Acemoglu and Melissa Dell #15155 (IFM, EFG, POL) - Hedging Price Volatility Using Fast Transport
David L. Hummels and Georg Schaur #15154 (IFM, ITI) - Government Investment and Fiscal Stimulus in the Short and Long Runs
Eric M. Leeper, Todd B. Walker, and Shu-Chun Susan Yang #15153 (EFG) - Creative Accounting or Creative Destruction? Firm-level Productivity Growth in Chinese Manufacturing
Loren Brandt, Johannes Van Biesebroeck, and Yifan Zhang #15152 (PR) - Seam Bias, Multiple-State, Multiple-Spell Duration Models and the Employment Dynamics of Disadvantaged Women
John C. Ham, Xianghong Li, and Lara Shore-Sheppard #15151 (CH, LS, TWP) - Inequality and Specialization: The Growth of Low-Skill Service Jobs in the United States
David H. Autor and David Dorn #15150 (LS) - Why do the Elderly Save? The Role of Medical Expenses
Mariacristina De Nardi, Eric French, and John Bailey Jones #15149 (AG, HE, PE) - Using Genetic Lotteries within Families to Examine the Causal Impact of Poor Health on Academic Achievement
Jason M. Fletcher and Steven F. Lehrer #15148 (ED, HE) - Identifying Heterogeneity in Economic Choice Models
Jeremy T. Fox and Amit Gandhi #15147 (IO, LS, PR, TWP) - Federal Life Sciences Funding and University R&D
Margaret E. Blume-Kohout, Krishna B. Kumar, and Neeraj Sood #15146 (HC, HE, PE) - Moral and Social Constraints to Strategic Default on Mortgages
Luigi Guiso, Paola Sapienza, and Luigi Zingales #15145 (AP, CF) - Revenue or Reciprocity? Founding Feuds over Early U.S. Trade Policy
Douglas A. Irwin #15144 (DAE, ITI) - The Role of Advisory Services in Proxy Voting
Cindy R. Alexander, Mark A. Chen, Duane J. Seppi, and Chester S. Spatt #15143 (AP, CF) - The Slide to Protectionism in the Great Depression: Who Succumbed and Why?
Barry Eichengreen and Douglas A. Irwin #15142 (DAE, IFM, ITI) - The Impact of Credit Protection on Stock Prices in the Presence of Credit Crunches
Galina Hale, Assaf Razin, and Hui Tong #15141 (IFM) - Medical Licensing Board Characteristics and Physician Discipline: An Empirical Analysis
Marc T. Law and Zeynep K. Hansen #15140 (HC, HE, POL) - When Does Libertarian Paternalism Work?
Bruce Ian Carlin, Simon Gervais, and Gustavo Manso #15139 (CF, LE, PE, POL) - Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts
Emmanuel Farhi and Jean Tirole #15138 (EFG, ME) - Disease and Development Revisited
David E. Bloom, David Canning, and Günther Fink #15137 (HE) - Investment Tournaments: When Should a Rational Agent Put All Eggs in One Basket?
Michael Schwarz and Sergei Severinov #15136 (LS) - Splendid Associations of Favored Individuals: Federal and State Commercial Banking Policy in the Federalist Era
Howard Bodenhorn #15135 (DAE) - A Bargain at Twice the Price? California Hospital Prices in the New Millennium
Yaa Akosa Antwi, Martin Gaynor, and William B. Vogt #15134 (HC) - Monetary-Fiscal Policy Interactions and Fiscal Stimulus
Troy Davig and Eric M. Leeper #15133 (EFG) - World Markets for Mergers and Acquisitions
Isil Erel, Rose C. Liao, and Michael S. Weisbach #15132 (CF) - Nudging Farmers to Use Fertilizer: Theory and Experimental Evidence from Kenya
Esther Duflo, Michael Kremer, and Jonathan Robinson #15131 (IFM) - Tobacco Use, Taxation and Self Control in Adolescence
Jason M. Fletcher, Partha Deb, and Jody L. Sindelar #15130 (AG, HE) - The organization of firms across countries
Nicholas Bloom, Raffaella Sadun, and John Van Reenen #15129 (EFG, IO, LE, LS, PR) - He Who Counts Elects: Determinants of Fraud in the 1922 Colombian Presidential Election
Isa?as N. Chaves, Leopoldo Fergusson, and James A. Robinson #15127 (POL) - Conditional Cash Penalties in Education: Evidence from the Learnfare Experiment
Thomas Dee #15126 (CH, ED) - Cost Containment in Climate Change Policy: Alternative Approaches to Mitigating Price Volatility
Gilbert E. Metcalf #15125 (EEE, PE) - Sin Taxes: Do Heterogeneous Responses Undercut Their Value?
Padmaja Ayyagari, Partha Deb, Jason Fletcher, William T. Gallo, and Jody L. Sindelar #15124 (HE) - The High Cross-Country Correlations of Prices and Interest Rates
Espen Henriksen, Finn E. Kydland, and Roman Sustek #15123 (ME) - Job Loss: Eat, drink and try to be merry?
Partha Deb, William T. Gallo, Padmaja Ayyagari, Jason M. Fletcher, and Jody L. Sindelar #15122 (AG, HC, HE) - Educational Choices, Subjective Expectations, and Credit Constraints
Orazio Attanasio and Katja Kaufmann #15087 (EFG)
Week of July 6, 2009
- Cumulative Effects of Job Characteristics on Health
Jason M. Fletcher, Jody L. Sindelar, and Shintaro Yamaguchi #15121 (AG, HE) - Transmission of the U.S. Subprime Crisis to Emerging Markets: Evidence on the Decoupling-Recoupling Hypothesis
Michael P. Dooley and Michael M. Hutchison #15120 (IFM) - Credit Constraints, Cyclical Fiscal Policy and Industry Growth
Philippe Aghion, David Hemous, and Enisse Kharroubi #15119 (EFG) - Negative Nominal Interest Rates: Three ways to overcome the zero lower bound
Willem H. Buiter #15118 (IFM, ME) - Stepping Off the Wage Escalator: The Effects of Wage Growth on Equilibrium Employment
Michael W. L. Elsby and Matthew D. Shapiro #15117 (EFG, LS, ME, PR) - Putting Tasks to the Test: Human Capital, Job Tasks and Wages
David H. Autor and Michael J. Handel #15116 (LS) - Capital Income Taxes with Heterogeneous Discount Rates
Peter A. Diamond and Johannes Spinnewijn #15115 (PE) - Public Policy, Health Insurance and the Transition to Adulthood
Phillip B. Levine, Robin McKnight, and Samantha Heep #15114 (CH, HC, HE) - Global Savings and Global Investment: The Transmission of Identified Fiscal Shocks
James Feyrer and Jay C. Shambaugh #15113 (EFG, IFM, ME) - Anti-Lemons: School Reputation and Educational Quality
W. Bentley MacLeod and Miguel Urquiola #15112 (ED, LS)
Week of June 29, 2009
- Risk Sharing, Inequality and Fertility
Roozbeh Hosseini, Larry E. Jones, and Ali Shourideh #15111 (EFG, PE) - Risk Allocation, Debt Fueled Expansion and Financial Crisis
Paul Beaudry and Amartya Lahiri #15110 (EFG) - Tax reform, delocation and heterogeneous firms
Richard Baldwin and Toshihiro Okubo #15109 (ITI) - Default, Framing and Spillover Effects: The Case of Lifecycle Funds in 401(k) Plans
Olivia S. Mitchell, Gary R. Mottola, Stephen P. Utkus, and Takeshi Yamaguchi #15108 (AG, LS, PE) - Estimating the Impact of Trade and Offshoring on American Workers Using the Current Population Surveys
Avraham Ebenstein, Ann Harrison, Margaret McMillan, and Shannon Phillips #15107 (EEE, ITI) - The Effects of Consumer-Directed Health Plans on Health Care Spending
Anthony T. Lo Sasso, Lorens A. Helmchen, and Robert Kaestner #15106 (HE) - The Long-Term Effects of Military Conscription on Mortality: Estimates from the Vietnam-era Draft Lottery
Dalton Conley and Jennifer A. Heerwig #15105 (HE) - Yet Another Tale of Two Cities: Buenos Aires and Chicago
Filipe Campante and Edward L. Glaeser #15104 (PE) - The Complementarity between Cities and Skills
Edward L. Glaeser and Matthew G. Resseger #15103 (PE) - Buy Local? The Geography of Successful and Unsuccessful Venture Capital Expansion
Henry Chen, Paul Gompers, Anna Kovner, and Josh Lerner #15102 (CF, PR)
Week of June 22, 2009
- Obesity, Self-esteem and Wages
Naci H. Mocan and Erdal Tekin #15101 (HE) - Risk-Based Pricing and Risk-Reducing Effort: Does the Private Insurance Market Reduce Environmental Accidents?
Haitao Yin, Howard Kunreuther, and Matthew Whte #15100 (EEE, IO, LE, PE) - Crime and Body Weight in the Nineteenth Century: Was there a Relationship between Brawn, Employment Opportunities and Crime?
Howard Bodenhorn and Gregory Price #15099 (DAE, LS) - Abortion and Crime: A Review
Theodore J. Joyce #15098 (CH, HE) - Skill Dispersion and Trade Flows
Matilde Bombardini, Giovanni Gallipoli, and German Pupato #15097 (ITI) - Food Prices and the Dynamics of Body Weight
Dana Goldman, Darius Lakdawalla, and Yuhui Zheng #15096 (HE) - War and Relatedness
Enrico Spolaore and Romain Wacziarg #15095 (POL) - The New Kaldor Facts: Ideas, Institutions, Population, and Human Capital
Charles I. Jones and Paul M. Romer #15094 (EFG, ITI, PR) - The Competitive Saving Motive: Evidence from Rising Sex Ratios and Savings Rates in China
Shang-Jin Wei and Xiaobo Zhang #15093 (IFM, ME) - Identification in Matching Games
Jeremy T. Fox #15092 (IO, LS, TWP) - Do Multinationals or Domestic Firms Face Higher Effective Tax Rates?
Kevin S. Markle and Douglas Shackelford #15091 (PE) - Life at the top: the benefits of height
Angus S. Deaton and Raksha Arora #15090 (AG, HC) - Modern Medicine and the 20th Century Decline in Mortality: Evidence on the Impact of Sulfa Drugs
Seema Jayachandran, Adriana Lleras-Muney, and Kimberly V. Smith #15089 (DAE, HC, HE) - State Capacity, Conflict and Development
Timothy J. Besley and Torsten Persson #15088 (POL) - A Free Lunch in the Commons
Matthew J. Kotchen and Stephen W. Salant #15086 (EEE, PE) - Censored Quantile Instrumental Variable Estimates of the Price Elasticity of Expenditure on Medical Care
Amanda E. Kowalski #15085 (AG, HC) - What Comes to Mind
Nicola Gennaioli and Andrei Shleifer #15084 (AP, CF) - Land and Credit: A Study of the Political Economy of Banking in the United States in the Early 20th Century
Raghuram G. Rajan and Rodney Ramcharan #15083 (CF, DAE, ME, PE, POL) - What Do Emissions Markets Deliver and to Whom? Evidence from Southern California's NOx Trading Program
Meredith Fowlie, Stephen P. Holland, and Erin T. Mansur #15082 (EEE, IO)
Week of June 15, 2009
- The Economics of Renewable Energy
Geoffrey Heal #15081 (EEE) - Inequality and Volatility Moderation in Russia: Evidence from Micro-Level Panel Data on Consumption and Income
Yuriy Gorodnichenko, Klara Sabirianova Peter, and Dmitriy Stolyarov #15080 (ED, EFG, LS) - Extending Life Cycle Models of Optimal Portfolio Choice: Integrating Flexible Work, Endogenous Retirement, and Investment Decisions with Lifetime Payouts
Jingjing Chai, Wolfram Horneff, Raimond Maurer, and Olivia S. Mitchell #15079 (AG, LS, PE) - Birth Cohort and the Black-White Achievement Gap: The Roles of Access and Health Soon After Birth
Kenneth Y. Chay, Jonathan Guryan, and Bhashkar Mazumder #15078 (CH, ED, HC, HE, LS, PE) - Decomposing the U.S. External Returns Differential
Stephanie E. Curcuru, Tomas Dvorak, and Francis E. Warnock #15077 (IFM) - The Equality Multiplier
Erling Barth and Karl O. Moene #15076 (LS) - The (Mythical?) Housing Wealth Effect
Charles Calomiris, Stanley D. Longhofer, and William Miles #15075 (EFG) - Opting For Families: Recent Trends in the Fertility of Highly Educated Women
Qingyan Shang and Bruce A. Weinberg #15074 (CH, LS) - Conceptual Revolutions in Twentieth-Century Art
David Galenson #15073 (ED, LS) - A Model of a Systemic Bank Run
Harald Uhlig #15072 (AP, EFG, ME) - Optimal Taxation in Theory and Practice
N. Gregory Mankiw, Matthew Weinzierl, and Danny Yagan #15071 (ME, PE) - Is Social Security Part of the Social Safety Net?
Jeffrey R. Brown, Julia Lynn Coronado, and Don Fullerton #15070 (AG, PE) - Empirics of Strategic Interdependence: The Case of the Racial Tipping Point
William Easterly #15069 (POL) - The Quality of Medical Care, Behavioral Risk Factors, and Longevity Growth
Frank R. Lichtenberg #15068 (EFG, HC) - China's Land Market Auctions: Evidence of Corruption
Hongbin Cai, J. Vernon Henderson, and Qinghua Zhang #15067 (PE) - Schooling, Cognitive Skills, and the Latin American Growth Puzzle
Eric A. Hanushek and Ludger Woessmann #15066 (ED, EFG, LS, PE) - Adoption Curves and Social Interactions
William A. Brock and Steven N. Durlauf #15065 (EFG, TWP) - Do Race and Fairness Matter in Generosity? Evidence from a Nationally Representative Charity Experiment
Christina M. Fong and Erzo F.P. Luttmer #15064 (LS, PE, POL) - Reducing Foreclosures: No Easy Answers
Christopher Foote, Kristopher Gerardi, Lorenz Goette, and Paul Willen #15063 (EFG)
Week of May 31, 2009
- Crash Risk in Currency Markets
Emmanuel Farhi, Samuel Paul Fraiberger, Xavier Gabaix, Romain Ranciere, and Adrien Verdelhan #15062 (AP, EFG, IFM) - Do Patent Pools Encourage Innovation? Evidence from the 19th-Century Sewing Machine Industry
Ryan L. Lampe and Petra Moser #15061 (DAE, LE, PR) - Learning by Drilling: Inter-Firm Learning and Relationship Persistence in the Texas Oilpatch
Ryan Kellogg #15060 (EEE, IO, PR) - Inequality Trends for Germany in the Last Two Decades: A Tale of Two Countries
Nicola Fuchs-Sch?ndeln, Dirk Krueger, and Mathias Sommer #15059 (EFG) - Bailouts, the Incentive to Manage Risk, and Financial Crises
Stavros Panageas #15058 (AP, CF) - Measuring Discrimination in Education
Rema Hanna and Leigh Linden #15057 (CH, ED, LS) - Equilibrium effects of public goods: The impact of community water fluoridation on dentists
Katherine Ho and Matthew Neidell #15056 (HC, HE, IO, LS, PE) - Labor-Market Regimes in U.S. Economic History
Joshua L. Rosenbloom and William A. Sundstrom #15055 (DAE) - Tax Policies for Low-Carbon Technologies
Gilbert E. Metcalf #15054 (EEE, PE) - Integrated Political Strategy
John M. de Figueiredo #15053 (LE, POL) - The Japanese Bubble: A 'Heterogeneous' Approach
Robert B. Barsky #15052 (AP, EFG, ME) - Generalized Agency Problems
Randall Morck #15051 (CF) - Information, Animal Spirits, and the Meaning of Innovations in Consumer Confidence
Robert B. Barsky and Eric R. Sims #15049 (EFG, ME) - Trade, Offshoring, and the Invisible Handshake
Bilgehan Karabay and John McLaren #15048 (ITI) - Pricing Model Performance and the Two-Pass Cross-Sectional Regression Methodology
Raymond Kan, Cesare Robotti, and Jay Shanken #15047 (AP) - Economic Contextual Factors and Child Body Mass Index
Lisa M. Powell and Frank J. Chaloupka #15046 (HE) - The Credit Rating Crisis
Efraim Benmelech and Jennifer Dlugosz #15045 (AP, CF, LE, ME) - Firm Heterogeneity and the Long-run Effects of Dividend Tax Reform
Francois Gourio and Jianjun Miao #15044 (CF, EFG, PE) - Can a Focus on Breakthrough Technologies Improve the Performance of International Environmental Agreements?
Michael Hoel and Aart de Zeeuw #15043 (EEE) - Never Waste a Good Crisis: An Historical Perspective on Comparative Corporate Governance
Randall Morck and Bernard Yeung #15042 (CF) - Why Do Mothers Breastfeed Girls Less Than Boys? Evidence and Implications for Child Health in India
Seema Jayachandran and Ilyana Kuziemko #15041 (CH, HC, HE) - Amplification Mechanisms in Liquidity Crises
Arvind Krishnamurthy #15040 (AP, CF, ME) - Physical Activity: Economic and Policy Factors
Melayne M. McInnes and Judith A. Shinogle #15039 (HE) - Is Investor Rationality Time Varying? Evidence from the Mutual Fund Industry
Vincent Glode, Burton Hollifield, Marcin Kacperczyk, and Shimon Kogan #15038 (AP, CF) - The ABCs of Charitable Solicitation
Jonathan Meer and Harvey S. Rosen #15037 (ED, PE) - Why Do Skilled Immigrants Struggle in the Labor Market? A Field Experiment with Six Thousand Resumes
Philip Oreopoulos #15036 (LS) - Co-optimization of Enhanced Oil Recovery and Carbon Sequestration
Andrew Leach, Charles F. Mason, and Klaas van't Veld #15035 (EEE) - What Lies Beneath the Euro's Effect on Financial Integration: Currency Risk, Legal Harmonization, or Trade?
Sebnem Kalemli-Ozcan, Elias Papaioannou, and Jose-Luis Peydro #15034 (EFG, IFM, ITI) - Wage Dispersion in the Search and Matching Model with Intra-Firm Bargaining
Dale T. Mortensen #15033 (EFG) - Endogenous Cost-Effectiveness Analysis in Health Care Technology Adoption
Anupam Jena and Tomas Philipson #15032 (AG, HC, HE) - Energy Efficiency Economics and Policy
Kenneth Gillingham, Richard G. Newell, and Karen Palmer #15031 (EEE) - Comparative Advantage and Unemployment
Mark Bils, Yongsung Chang, and Sun-Bin Kim #15030 (EFG) - Technology Innovation and Diffusion as Sources of Output and Asset Price Fluctuations
Diego A. Comin, Mark Gertler, and Ana Maria Santacreu #15029 (AP, EFG, ME, PR) - Land Policy: Founding Choices and Outcomes, 1781-1802
Farley Grubb #15028 (DAE) - Direct and Indirect Effects of Teenage Body Weight on Adult Wages
Euna Han, Edward C. Norton, and Lisa M. Powell #15027 (HE) - Computing DSGE Models with Recursive Preferences
Dario Caldara, Jes?s Fern?ndez-Villaverde, Juan F. Rubio-Ram?rez, and Wen Yao #15026 (EFG) - Debt, Deficits and Finite Horizons: The Stochastic Case
Roger Farmer, Carine Nourry, and Alain Venditti #15025 (EFG) - Inflation and the Stock Market:Understanding the "Fed Model"
Geert Bekaert and Eric Engstrom #15024 (AP) - Watch What I Do, Not What I Say: The Unintended Consequences of the Homeland Investment Act
Dhammika Dharmapala, C. Fritz Foley, and Kristin J. Forbes #15023 (CF, IFM, ITI, PE) - Designing Climate Mitigation Policy
Joseph E. Aldy, Alan J. Krupnick, Richard G. Newell, Ian W.H. Parry, and William A. Pizer #15022 (EEE)
Week of May 24, 2009
- Fiscal Policy Can Reduce Unemployment: But There is a Less Costly and More Effective Alternative
Roger E. A. Farmer #15021 (EFG) - Effects of Japanese Macroeconomic Announcements on the Dollar/Yen Exchange Rate: High-Resolution Picture
Yuko Hashimoto and Takatoshi Ito #15020 (IFM, ME) - A Dynamic Model of Price Discrimination and Inventory Management at the Fulton Fish Market
Kathryn Graddy and George Hall #15019 (IO) - Financial Crisis and the Paradox of Under- and Over-Regulation
Joshua Aizenman #15018 (IFM, ITI) - Environmental Liability and Redevelopment of Old Industrial Land
Hilary Sigman #15017 (EEE, LE, PE) - Was there Really a Hawthorne Effect at the Hawthorne Plant? An Analysis of the Original Illumination Experiments
Steven D. Levitt and John A. List #15016 (DAE, IO, LS) - News, Noise, and Fluctuations: An Empirical Exploration
Olivier J. Blanchard, Jean-Paul L'Huillier, and Guido Lorenzoni #15015 (EFG, ME) - Understanding Inflation-Indexed Bond Markets
John Y. Campbell, Robert J. Shiller, and Luis M. Viceira #15014 (AP, IFM, ME) - Migration-Regime Liberalization and Social Security: Political-Economy Effect
Assaf Razin and Edith Sand #15013 (IFM, PE) - The Elasticity of Taxable Income with Respect to Marginal Tax Rates: A Critical Review
Emmanuel Saez, Joel B. Slemrod, and Seth H. Giertz #15012 (PE) - Joint-Search Theory: New Opportunities and New Frictions
Bulent Guler, Fatih Guvenen, and Giovanni L. Violante #15011 (EFG, LS) - Optimal Inattention to the Stock Market with Information Costs and Transactions Costs
Andrew B. Abel, Janice C. Eberly, and Stavros Panageas #15010 (AP, EFG, ME) - Liquidity Shocks and Order Book Dynamics
Bruno Biais and Pierre-Olivier Weill #15009 (AP) - On the Unstable Relationship between Exchange Rates and Macroeconomic Fundamentals
Philippe Bacchetta and Eric van Wincoop #15008 (AP, IFM) - Child Care Subsidies and Childhood Obesity
Chris M. Herbst and Erdal Tekin #15007 (CH, HE) - Unraveling Results from Comparable Demand and Supply: An Experimental Investigation
Muriel Niederle, Alvin E. Roth, and M. Utku Unver #15006 (LS) - Differences in the U.S. Trends in the Prevalence of Obesity Based on Body Mass Index and Skinfold Thickness
Richard V. Burkhauser, John Cawley, and Maximilian D. Schmeiser #15005 (CH, HC, HE) - Crowding Out and Crowding In of Private Donations and Government Grants
Garth Heutel #15004 (PE) - Incomplete Information, Higher-Order Beliefs and Price Inertia
George-Marios Angeletos and Jennifer La'O #15003 (EFG, ME) - Causes and Consequences of the Oil Shock of 2007-08
James D. Hamilton #15002 (EEE, EFG, ME)
Week of May 17, 2009
- The Impact of State-Level Nutrition-Education Program Funding on BMI: Evidence from the Behavioral Risk Factor Surveillance System
Kerry Anne McGeary #15001 (HE) - The Impact of the AIDS Pandemic on Health Services in Africa: Evidence from Demographic and Health Surveys
Anne Case and Christina Paxson #15000 (AG, CH, HC) - Subsidies to Industry and the Environment
David Kelly #14999 (EEE, AP) - Requiescat in Pace? The Consequences of High Priced Funerals in South Africa
Anne Case and Alicia Menendez #14998 (AG) - Complexity and Financial Panics
Ricardo J. Caballero and Alp Simsek #14997 (AP, CF, EFG, IFM) - Monetary policy in Europe vs the US: what explains the difference?
Harald Uhlig #14996 (EFG, ME) - Impact of "Seguro Popular" on Prenatal Visits in Mexico, 2002-2005: Latent Class Model of Count Data with a Discrete Endogenous Variable
Jeffrey E. Harris and Sandra G. Sosa-Rubi #14995 (HC, HE) - Effects of Weight on Adolescent Educational Attainment
Robert Kaestner, Michael Grossman, and Benjamin Yarnoff #14994 (HE) - Monetary Policy and the Dollar
Peter L. Rousseau #14993 (DAE, ME) - International Trade and Labor Income Risk in the United States
Pravin Krishna and Mine Zeynep Senses #14992 (ITI) - Improving the Numerical Performance of BLP Static and Dynamic Discrete Choice Random Coefficients Demand Estimation
Jean-Pierre H. Dub?, Jeremy T. Fox, and Che-Lin Su #14991 (IO) - Corporate Debt Maturity and the Real Effects of the 2007 Credit Crisis
Heitor Almeida, Murillo Campello, Bruno Laranjeira, and Scott Weisbenner #14990 (CF) - Studying the Child Obesity Epidemic With Natural Experiments
Robert Sandy, Gilbert Liu, John Ottensmann, Rusty Tchernis, Jeffrey Wilson, and O.T. Ford #14989 (HE) - Food Stamp Program and Consumption Choices
Neeraj Kaushal and Qin Gao #14988 (HC, HE) - Outcomes in a Program that Offers Financial Rewards for Weight Loss
John Cawley and Joshua A. Price #14987 (HC, HE, LS) - Short Run Constraints and the Increasing Marginal Value of Time in Recreation
Raymond B. Palmquist, Daniel J. Phaneuf, and V. Kerry Smith #14986 (EEE) - The Relationship Between Neighborhood Quality and Obesity Among Children
Bisakha Sen, Stephen Mennemeyer, and Lisa C. Gary #14985 (HE) - Where Does the Wage Penalty Bite?
Christian A. Gregory and Christopher J. Ruhm #14984 (HE) - The Structure and Formation of Business Groups: Evidence from Korean Chaebols
Heitor Almeida, Sang Yong Park, Marti Subrahmanyam, and Daniel Wolfenzon #14983 (CF) - Noisy Business Cycles
George-Marios Angeletos and Jennifer La'O #14982 (EFG, ME) - What Are Cities Worth? Land Rents, Local Productivity, and the Capitalization of Amenity Values
David Albouy #14981 (EEE, PE) - A Search-Theoretic Model of the Retail Market for Illicit Drugs
Manolis Galenianos, Rosalie Liccardo Pacula, and Nicola Persico #14980 (LE) - Analyzing the Extent and Influence of Occupational Licensing on the Labor Market
Morris M. Kleiner and Alan B. Krueger #14979 (LS) - Spatial Price Discrimination with Heterogeneous Firms
Jonathan Vogel #14978 (ITI, IO) - Toxic Exposure in America: Estimating Fetal and Infant Health Outcomes
Nikhil Agarwal, Chanont Banternghansa, and Linda Bui #14977 (EEE) - The Optimal Taxation of Height: A Case Study of Utilitarian Income Redistribution
N. Gregory Mankiw and Matthew Weinzierl #14976 (ME) - The distinct effects of Information Technology and Communication Technology on firm organization
Nicholas Bloom, Luis Garicano, Raffaella Sadun, and John Van Reenen #14975 (IO, LS, PR) - Why do Institutions of Higher Education Reward Research While Selling Education?
Dahlia K. Remler and Elda Pema #14974 (ED) - Quantity-Quality and the One Child Policy:The Only-Child Disadvantage in School Enrollment in Rural China
Nancy Qian #14973 (CH) - Legal Protection in Retail Financial Markets
Bruce I. Carlin and Simon Gervais #14972 (CF)
Week of May 10, 2009
- When are Analyst Recommendation Changes Influential?
Roger K. Loh and René M. Stulz #14971 (CF) - Welfare Spending and Mortality Rates for the Elderly Before the Social Security Era
Adrian Stoian and Price V. Fishback #14970 (DAE) - The Paradox of Declining Female Happiness
Betsey Stevenson and Justin Wolfers #14969 (EFG, LE, LS, PE) - The Two Waves of Service Sector Growth
Barry Eichengreen and Poonam Gupta #14968 (IFM) - The Impact of the Asian Miracle on the Theory of Economic Growth
Robert W. Fogel #14967 (IFM) - Is the EITC Equivalent to an NIT? Conditional Cash Transfers and Tax Incidence
Jesse Rothstein #14966 (LS, PE) - Comparative Advantage, Complexity and Volatility
Pravin Krishna and Andrei A. Levchenko #14965 (ITI) - Education and the Prevalence of Pain
Steven J. Atlas and Jonathan S. Skinner #14964 (AG, HC, HE) - Carbon Geography: The Political Economy of Congressional Support for Legislation Intended to Mitigate Greenhouse Gas Production
Michael I. Cragg and Matthew E. Kahn #14963 (EEE, PE, POL) - What Does Global Expansion of Higher Education Mean for the US?
Richard B. Freeman #14962 (LS) - Patterns of International Capital Raisings
Juan Carlos Gozzi, Ross Levine, and Sergio L. Schmukler #14961 (CF, IFM, ITI) - Extensive and Intensive Investment over the Business Cycle
Boyan Jovanovic and Peter L. Rousseau #14960 (EFG, DAE, PR) - Sex and Science: How Professor Gender Perpetuates the Gender Gap
Scott E. Carrell, Marianne E. Page, and James E. West #14959 (ED, LS) - Marry for What: Caste and Mate Selection in Modern India
Abhijit Banerjee, Esther Duflo, Maitreesh Ghatak, and Jeanne Lafortune #14958 (CH) - Evaluating Rubin’s Causal Model for Measuring the Capitalization of Environmental Amenities
H. Allen Klaiber and V. Kerry Smith #14957 (EEE) - Measuring the Benefits of Product Variety with an Accurate Variety Set
Bruce A. Blonigen and Anson Soderbery #14956 (ITI) - Fear and Loathing in Las Vegas: Evidence from Blackjack Tables
Bruce Ian Carlin and David T. Robinson #14955 (CF) - Obfuscation, Learning, and the Evolution of Investor Sophistication
Bruce Ian Carlin and Gustavo Manso #14954 (CF) - What Governments Maximize and Why: The View from Trade
Kishore Gawande, Pravin Krishna, and Marcelo Olarreaga #14953 (ITI, POL) - Market Conditions and the Structure of Securities
Isil Erel, Brandon Julio, Woojin Kim, and Michael Weisbach #14952 (CF) - Do Investments in Universal Early Education Pay Off? Long-term Effects of Introducing Kindergartens into Public Schools
Elizabeth U. Cascio #14951 (CH, DAE, ED)
Week of May 3, 2009
- Letting Different Views about Business Cycles Compete
Paul Beaudry and Bernd Lucke #14950 (EFG) - Family Networks and School Enrolment: Evidence from a Randomized Social Experiment
Manuela Angelucci, Giacomo DeGiorgi, Marcos A. Rangel, and Imran Rasul #14949 (CH, ED) - Be as Careful of the Company You Keep as of the Books You Read: Peer Effects in Education and on the Labor Market
Giacomo DeGiorgi, Michele Pellizzari, and Silvia Redaelli #14948 (ED) - A Model of Casino Gambling
Nicholas C. Barberis #14947 (AP) - Half a Century of Public Software Institutions: Open Source as a Solution to Hold-Up Problem
Michael Schwarz and Yuri Takhteyev #14946 (IO, PE, PR) - Do School Entry Laws Affect Educational Attainment and Labor Market Outcomes?
Carlos Dobkin and Fernando Ferreira #14945 (ED, LS) - The Limitations of Stock Market Efficiency: Price Informativeness and CEO Turnover
Gary B. Gorton, Lixin Huang, and Qiang Kang #14944 (AP, CF) - Unstable Banking
Andrei Shleifer and Robert W. Vishny #14943 (CF, EFG) - The Demarcation of Land and the Role of Coordinating Institutions
Gary D. Libecap and Dean Lueck #14942 (DAE, EEE, ITI, LS) - Charitable Memberships, Volunteering, and Discounts: Evidence from a Large-Scale Online Field Experiment
Andreas Lange and Andrew Stocking #14941 (EEE, PE) - Scarcity of Ideas and R&D Options: Use it, Lose it or Bank it
Nisvan Erkal and Suzanne Scotchmer #14940 (IO, LE) - Pollution, Health, and Avoidance Behavior: Evidence from the Ports of Los Angeles
Enrico Moretti and Matthew Neidell #14939 (EEE, HE)
Week of April 26, 2009
- Estimating the Border Effect: Some New Evidence
Gita Gopinath, Pierre-Olivier Gourinchas, Chang-Tai Hsieh, and Nicholas Li #14938 (EFG, IFM, ME) - Electoral Accountability and Corruption: Evidence from the Audits of Local Governments
Claudio Ferraz and Frederico Finan #14937 (POL) - Pollution and International Trade in Services
Arik Levinson #14936 (EEE) - Trade Reforms and Market Selection: Evidence from Manufacturing Plants in Colombia
Marcela Eslava, John C. Haltiwanger, Adriana D. Kugler, and Maurice Kugler #14935 (EFG, IO, ITI, PR) - The Random Coefficients Logit Model Is Identified
Patrick Bajari, Jeremy Fox, Kyoo il Kim, and Stephen P. Ryan #14934 (IO, TWP) - Altruistic Dynamic Pricing with Customer Regret
Julio J. Rotemberg #14933 (EFG, ME) - What’s the “Interest�? in FDA Drug Advisory Committee Conflicts of Interest?
Joseph Golec and John Vernon #14932 (HE) - Why Do Foreign Firms Have Less Idiosyncratic Risk than U.S. Firms?
Söhnke M. Bartram, Gregory Brown, and René M. Stulz #14931 (CF) - On the Self-interested Use of Equity in International Climate Negotiations
Andreas Lange, Andreas Löschel, Carsten Vogt, and Andreas Ziegler #14930 (EEE) - Efficient Recapitalization
Thomas Philippon and Philipp Schnabl #14929 (AP, CF, EFG, LE, ME, PE) - Firms' Exporting Behavior under Quality Constraints
Juan Carlos Hallak and Jagadeesh Sivadasan #14928 (ITI) - Three Epochs of Oil
Eyal Dvir and Kenneth S. Rogoff #14927 (IFM, ME)
Week of April 19, 2009
- Does it Matter Who Has the Right to Patent: First-to-invent or First-to-file? Lessons From Canada
Shih-tse Lo and Dhanoos Sutthiphisal #14926 (DAE) - Fear of Fire Sales and the Credit Freeze
Douglas W. Diamond and Raghuram G. Rajan #14925 (CF, EFG, IFM, ME) - Adolescent Cognitive and Non-cognitive Correlates of Adult Health
Robert Kaestner #14924 (CH, HE) - The Price of Political Opposition: Evidence from Venezuela's Maisanta
Chang-Tai Hsieh, Edward Miguel, Daniel Ortega, and Francisco Rodriguez #14923 (EFG, LS, PE, POL) - Interviewing in Two-Sided Matching Markets
Robin S. Lee and Michael Schwarz #14922 (LS) - Experts and Their Records
Alexander Frankel and Michael Schwarz #14921 (LS) - Which Immigrants Are Most Innovative and Entrepreneurial? Distinctions by Entry Visa
Jennifer Hunt #14920 (LS, PR) - Reply to "Generalizing the Taylor Principle: A Comment"
Troy Davig and Eric M. Leeper #14919 (EFG) - Ruggedness: The Blessing of Bad Geography in Africa
Nathan Nunn and Diego Puga #14918 (POL) - The Long Term Consequences of Famine on Survivors: Evidence from a Unique Natural Experiment using China's Great Famine
Xin Meng and Nancy Qian #14917 (CH) - Thresholds in the Process of International Financial Integration
M. Ayhan Kose, Eswar S. Prasad, and Ashley D. Taylor #14916 (IFM) - Adverse Selection in Competitive Search Equilibrium
Veronica Guerrieri, Robert Shimer, and Randall Wright #14915 (EFG, LS) - Finance and Development: A Tale of Two Sectors
Francisco J. Buera, Joseph Kaboski, and Yongseok Shin #14914 (EFG) - U.S. Stock Market Crash Risk, 1926-2006
David S. Bates #14913 (AP) - State Dependence and Alternative Explanations for Consumer Inertia
Jean-Pierre Dube, G?enter J. Hitsch, and Peter E. Rossi #14912 (IO) - Ability-grouping and Academic Inequality: Evidence From Rule-based Student Assignments
C. Kirabo Jackson #14911 (ED, LS) - Trade and Income -- Exploiting Time Series in Geography
James Feyrer #14910 (EFG, ITI) - The Long or Short of it: Determinants of Foreign Currency Exposure in External Balance Sheets
Philip R. Lane and Jay C. Shambaugh #14909 (IFM) - Inequality and the Measurement of Residential Segregation by Income In American Neighborhoods
Tara Watson #14908 (HE, LS) - Block Recursive Equilibria for Stochastic Models of Search on the Job
Guido Menzio and Shouyong Shi #14907 (TWP) - Efficient Search on the Job and the Business Cycle
Guido Menzio and Shouyong Shi #14905 (EFG)
Week of April 12, 2009
- Motivating Politicians: The Impacts of Monetary Incentives on Quality and Performance
Claudio Ferraz and Frederico Finan #14906 (POL) - How the Subprime Crisis Went Global: Evidence from Bank Credit Default Swap Spreads
Barry Eichengreen, Ashoka Mody, Milan Nedeljkovic, and Lucio Sarno #14904 (IFM, ITI, ME) - Risk Shifting and Mutual Fund Performance
Jennifer Huang, Clemens Sialm, and Hanjiang Zhang #14903 (AP, CF) - Anticipated Alternative Instrument-Rate Paths in Policy Simulations
Stefan Laséen and Lars E.O. Svensson #14902 (EFG, IFM, ME) - Wage Risk and Employment Risk over the Life Cycle
Hamish Low, Costas Meghir, and Luigi Pistaferri #14901 (EFG) - Beyond Wages: The Effects of Immigration on the Scale and Composition of Output
Francesca Mazzolari and David Neumark #14900 (LS) - The Importance of History for Economic Development
Nathan Nunn #14899 (POL) - Fund Managers, Career Concerns, and Asset Price Volatility
Veronica Guerrieri and Péter Kondor #14898 (AP, EFG, CF) - Disclosure and the Cost of Capital: Evidence from Firms’ Responses to the Enron Shock
Christian Leuz and Catherine Schrand #14897 (CF) - Better LATE Than Nothing: Some Comments on Deaton (2009) and Heckman and Urzua (2009)
Guido W. Imbens #14896 (LS) - The Great Inflation in the United States and the United Kingdom: Reconciling Policy Decisions and Data Outcomes
Riccardo DiCecio and Edward Nelson #14895 (ME) - Euro Membership as a U.K. Monetary Policy Option: Results from a Structural Model
Riccardo DiCecio and Edward Nelson #14894 (ME) - Gender Interactions within Hierarchies: Evidence from the Political Arena
Stefano Gagliarducci and M. Daniele Paserman #14893 (LS, POL) - Wall Street's First Corporate Governance Crisis: The Panic of 1826
Eric Hilt #14892 (CF, DAE, LE) - Regional Trade Integration and Multinational Firm Strategies
Pol Antràs and C. Fritz Foley #14891 (ITI) - Do Regulations Based on Credit Ratings Affect a Firms Cost of Capital?
Darren J. Kisgen and Philip E. Strahan #14890 (CF) - CAPM for Estimating the Cost of Equity Capital: Interpreting the Empirical Evidence
Zhi Da, Re-Jin Guo, and Ravi Jagannathan #14889 (AP) - Global Financial Structure and Climate Change
John Whalley and Yufei Yuan #14888 (EEE) - Financial Integration and Business Cycle Synchronization
Sebnem Kalemli-Ozcan, Elias Papaioannou, and José Luis Peydró #14887 (EFG, IFM) - Can You Get What You Pay For? Pay-For-Performance and the Quality of Healthcare Providers
Kathleen J. Mullen, Richard G. Frank, and Meredith B. Rosenthal #14886 (HC, HE) - Does Affirmative Action Lead to Mismatch? A New Test and Evidence
Peter Arcidiacono, Esteban M. Aucejo, Hanming Fang, and Kenneth I. Spenner #14885 (ED, LE, LS, PE) - Sixty Years after the Magic Carpet Ride: The Long-Run Effect of the Early Childhood Environment on Social and Economic Outcomes
Eric D. Gould, Victor Lavy, and M. Daniele Paserman #14884 (CH, ED, LS) - Sophisticated Monetary Policies
Andrew Atkeson, V. V. Chari, and Patrick Kehoe #14883 (EFG) - Bayesian and Frequentist Inference in Partially Identified Models
Hyungsik Roger Moon and Frank Schorfheide #14882 (EFG, ME) - Information Asymmetry, Information Precision, and the Cost of Capital
Richard A. Lambert, Christian Leuz, and Robert E. Verrecchia #14881 (AP, CF) - Carbon Motivated Regional Trade Arrangements: Analytics and Simulations
Yan Dong and John Whalley #14880 (EEE) - A New Test of Borrowing Constraints for Education
Meta Brown, John Karl Scholz, and Ananth Seshadri #14879 (CH, ED, PE) - The Alchemy of CDO Credit Ratings
Efraim Benmelech and Jennifer Dlugosz #14878 (CF) - Does Corporate Governance Matter in Competitive Industries?
Xavier Giroud and Holger M. Mueller #14877 (CF) - An Elaborated Global Climate Policy Architecture: Specific Formulas and Emission Targets for All Countries in All Decades
Jeffrey A. Frankel #14876 (EEE) - Strategy-proofness versus Efficiency in Matching with Indifferences: Redesigning the New York City High School Match
Atila Abdulkadiroglu, Parag A. Pathak, and Alvin E. Roth #14864 (ED, PE)
Week of April 5, 2009
- Listing of Working PapersRisk Matters: The Real Effects of Volatility Shocks
Jesús Fernández-Villaverde, Pablo A. Guerrón-Quintana, Juan Rubio-Ramírez, and Martín Uribe #14875 (EFG) - The Finnish Great Depression: From Russia with Love
Yuriy Gorodnichenko, Enrique G. Mendoza, and Linda L. Tesar #14874 (EFG, IFM, ME) - Gender Roles and Medical Progress
Stefania Albanesi and Claudia Olivetti #14873 (DAE, EFG) - DSGE Model-Based Forecasting of Non-modelled Variables
Frank Schorfheide, Keith Sill, and Maxym Kryshko #14872 (EFG, ME) - Valuing Toxic Assets: An Analysis of CDO Equity
Francis A. Longstaff and Brett Myers #14871 (AP) - Sticky Prices Versus Monetary Frictions: An Estimation of Policy Trade-offs
S. Boragan Aruoba and Frank Schorfheide #14870 (EFG, ME) - Paying for Progress: Conditional Grants and the Desegregation of Southern Schools
Elizabeth Cascio, Nora Gordon, Ethan Lewis, and Sarah Reber #14869 (CH, DAE, ED, PE) - Business and Financial Method Patents, Innovation, and Policy
Bronwyn H. Hall #14868 (IO, PR) - Outside and Inside Liquidity
Patrick Bolton, Tano Santos, and Jose A. Scheinkman #14867 (AP, CF) - Forced Sales and House Prices
John Y. Campbell, Stefano Giglio, and Parag Pathak #14866 (AP, PE) - Technology Diffusion and Productivity Growth in Health Care
Jonathan Skinner and Douglas Staiger #14865 (AG, HC, PR) - Credit Market Shocks and Economic Fluctuations: Evidence from Corporate Bond and Stock Markets
Simon Gilchrist, Vladimir Yankov, and Egon Zakrajsek #14863 (ME) - The Great Inflation Drift
Marvin Goodfriend and Robert G. King #14862 (AP, EFG, ME) - The Investment Strategies of Sovereign Wealth Funds
Shai Bernstein, Josh Lerner, and Antoinette Schoar #14861 (CF) - Complementarity and Aggregate Implications of Assortative Matching: A Nonparametric Analysis
Bryan S. Graham, Guido W. Imbens, and Geert Ridder #14860 (LS) - How does simplified disclosure affect individuals' mutual fund choices?
John Beshears, James J. Choi, David Laibson, and Brigitte C. Madrian #14859 (AG, AP, PE) - The Riddle of the Great Pyramids
Randall Morck #14858 (CF) - Government Form and Public Spending: Theory and Evidence from U.S. Municipalities
Stephen Coate and Brian Knight #14857 (PE, POL) - A Theory of Outsourcing and Wage Decline
Thomas J. Holmes and Julia Thornton Snider #14856 (PR) - Procurement Contracting with Time Incentives: Theory and Evidence
Patrick Bajari and Gregory Lewis #14855 (IO) - The Olympic Effect
Andrew K. Rose and Mark M. Spiegel #14854 (IFM, ITI, PE) - Menstruation and Education in Nepal
Emily Oster and Rebecca Thornton #14853 (HE, LS) - Charter Schools in New York City: Who Enrolls and How They Affect Their Students' Achievement
Caroline M. Hoxby and Sonali Murarka #14852 (CH, ED, LS, PE, TWP) - The Governance and Performance of Research Universities: Evidence from Europe and the U.S.
Philippe Aghion, Mathias Dewatripont, Caroline M. Hoxby, Andreu Mas-Colell, and André Sapir #14851 (ED, LS, PE) - Face Value: Information and Signaling in an Illegal Market
Trevon Logan and Manisha Shah #14841 (LE)
Week of March 29, 2009
- Why is Mobility in India so Low? Social Insurance, Inequality, and Growth
Kaivan Munshi and Mark Rosenzweig #14850 (EFG) - Surprising Comparative Properties of Monetary Models: Results from a New Data Base
John B. Taylor and Volker Wieland #14849 (ME) - Entrepreneurial Finance and Non-diversifiable Risk
Hui Chen, Jianjun Miao, and Neng Wang #14848 (AP, CF, EFG) - Fluctuations in Overseas Travel by Americans, 1820 to 2000
Brandon Dupont, Alka Gandhi, and Thomas Weiss #14847 (DAE) - Confidence, Crashes and Animal Spirits
Roger E.A. Farmer #14846 (EFG, ME) - A Unified Theory of Tobin's q, Corporate Investment, Financing, and Risk Management
Patrick Bolton, Hui Chen, and Neng Wang #14845 (AP, CF) - Early Admissions at Selective Colleges
Christopher Avery and Jonathan D. Levin #14844 (ED, IO) - Financial Openness and Productivity
Geert Bekaert, Campbell R. Harvey, and Christian Lundblad #14843 (AP, IFM) - Estimation of Causal Effects in Experiments with Multiple Sources of Noncompliance
John Engberg, Dennis Epple, Jason Imbrogno, Holger Sieg, and Ron Zimmer #14842 (CH, ED, PE) - Decentralized Matching with Aligned Preferences
Muriel Niederle and Leeat Yariv #14840 (IO, LS) - Employer-Sponsored Health Insurance and the Promise of Health Insurance Reform
Thomas C. Buchmueller and Alan C. Monheit #14839 (HC, HE) - Can A Rational Choice Framework Make Sense of Anorexia Nervosa?
Robert S. Goldfarb, Thomas C. Leonard, Sara Markowitz, and Steven Suranovic #14838 (CH, HE) - Concording U.S. Harmonized System Categories Over Time
Justin R. Pierce and Peter K. Schott #14837 (ITI) - Teaching the Tax Code: Earnings Responses to an Experiment with EITC Recipients
Raj Chetty and Emmanuel Saez #14836 (LS, PE) - The Law of One Price Without the Border: The Role of Distance Versus Sticky Prices
Mario J. Crucini, Mototsugu Shintani, and Takayuki Tsuruga #14835 (IFM) - A Model of International Cities: Implications for Real Exchange Rates
Mario J. Crucini and Hakan Yilmazkuday #14834 (IFM) - The Causes and Effects of International Migrations: Evidence from OECD Countries 1980-2005
Francesc Ortega and Giovanni Peri #14833 (EFG, ITI, LS) - Energy, the Environment, and Technological Change
David Popp, Richard G. Newell, and Adam B. Jaffe #14832 (EEE, PR) - The Consequences of Radical Reform: The French Revolution
Daron Acemoglu, Davide Cantoni, Simon Johnson, and James A. Robinson #14831 (POL) - Show Me the Money: Does Shared Capitalism Share the Wealth?
Robert Buchele, Douglas Kruse, Loren Rodgers, and Adria Scharf #14830 (LS) - Currency Misalignments and Optimal Monetary Policy: A Reexamination
Charles Engel #14829 (IFM, ME)
Week of March 22, 2009
- Determinants of Technology Adoption: Private Value and Peer Effects in Menstrual Cup Take-Up
Emily Oster and Rebecca Thornton #14828 (HE, LS) - Five Decades of Consumption and Income Poverty
Bruce D. Meyer and James X. Sullivan #14827 (CH, LS, PE) - Financial Instability, Reserves, and Central Bank Swap Lines in the Panic of 2008
Maurice Obstfeld, Jay C. Shambaugh, and Alan M. Taylor #14826 (IFM) - Preferences for Redistribution
Alberto F. Alesina and Paola Giuliano #14825 (LE, POL) - New-Keynesian Economics: An AS-AD View
Pierpaolo Benigno #14824 (EFG, IFM, ME) - Needle Sharing and HIV Transmission: A Model with Markets and Purposive Behavior
Ajay Mahal, Brendan O'Flaherty, and David E. Bloom #14823 (HE, LE) - The Rise of the Service Economy
Francisco J. Buera and Joseph P. Kaboski #14822 (EFG) - Selective Swap Arrangements and the Global Financial Crisis: Analysis and Interpretation
Joshua Aizenman and Gurnain Kaur Pasricha #14821 (IFM, ITI) - The Cost of Low Fertility in Europe
David E. Bloom, David Canning, G�nther Fink, and Jocelyn E. Finlay #14820 (AG) - Of Mice and Academics: Examining the Effect of Openness on Innovation
Fiona Murray, Philippe Aghion, Mathias Dewatripont, Julian Kolev, and Scott Stern #14819 (EFG) - Hysteresis in Unemployment: Old and New Evidence
Laurence M. Ball #14818 (EFG, ME) - Do Newspapers Matter? Evidence from the Closure of The Cincinnati Post
Sam Schulhofer-Wohl and Miguel Garrido #14817 (PE) - Time of Troubles: The Yen and Japan's Economy, 1985-2008
Maurice Obstfeld #14816 (EFG, IFM) - Confidence Risk and Asset Prices
Ravi Bansal and Ivan Shaliastovich #14815 (AP, CF, ME) - Learning and Asset-Price Jumps
Ravi Bansal and Ivan Shaliastovich #14814 (AP, CF, ME) - Depression Babies: Do Macroeconomic Experiences Affect Risk-Taking?
Ulrike Malmendier and Stefan Nagel #14813 (AP, CF, LS) - Self-Enforcing Trade Agreements and Private Information
Kyle Bagwell #14812 (ITI) - Coping with Chronic Disease? Chronic Disease and Disability in Elderly American Population 1982-1999
Gabriel Aranovich, Jay Bhattacharya, Alan M. Garber, and Thomas E. MaCurdy #14811 (AG, HC, HE) - Learning about academic ability and the college drop-out decision
Todd R. Stinebrickner and Ralph Stinebrickner #14810 (ED) - When Does Labor Scarcity Encourage Innovation?
Daron Acemoglu #14809 (LS)
Week of March 15, 2009
- Debt Literacy, Financial Experiences, and Overindebtedness
Annamaria Lusardi and Peter Tufano #14808 (AG) - Alternative Labor Market Policies to Increase Economic Self-Sufficiency: Mandating Higher Wages, Subsidizing Employment, and Increasing Productivity
David Neumark #14807 (LS) - The Wealth of Cities: Agglomeration Economies and Spatial Equilibrium in the United States
Edward L. Glaeser and Joshua D. Gottlieb #14806 (LS) - Exploring Differences in Employment between Household and Establishment Data
Katharine G. Abraham, John C. Haltiwanger, Kristin Sandusky, and James Spletzer #14805 (EFG, LS) - Maxing Out: Stocks as Lotteries and the Cross-Section of Expected Returns
Turan G. Bali, Nusret Cakici, and Robert F. Whitelaw #14804 (AP) - Profit Shifting and Trade Agreements in Imperfectly Competitive Markets
Kyle Bagwell and Robert W. Staiger #14803 (ITI) - What Segments Equity Markets?
Geert Bekaert, Campbell R. Harvey, Christian Lundblad, and Stephan Siegel #14802 (AP, IFM) - Civil War
Christopher Blattman and Edward Miguel #14801 (ED, LS, PE, POL) - Labor Force Participation of Older Males in Korea: 1955-2005
Chulhee Lee #14800 (AG) - The Real Swing Voter's Curse
James A. Robinson and Ragnar Torvik #14799 (POL) - Generating Evidence to Guide Merger Enforcement
Orley C. Ashenfelter, Daniel Hosken, and Matthew Weinberg #14798 (LE, PE) - Public Knowledge, Private Knowledge: The Intellectual Capital of Entrepreneurs
Albert Link and Christopher Ruhm #14797 (HC, HE, IO, PR) - The Analytics of the Wage Effect of Immigration
George J. Borjas #14796 (LS) - Consumption and Real Exchange Rates in Professional Forecasts
Michael B. Devereux, Gregor W. Smith, and James Yetman #14795 (IFM) - Valuation Effects and the Dynamics of Net External Assets
Michael B. Devereux and Alan Sutherland #14794 (IFM) - The Effect of Property Taxes on Location Decisions:Evidence From the Market for Vacation Homes
Erik B. Johnson and Randall Walsh #14793 (PE) - Internationalization of U.S. Doctorate Education
John Bound, Sarah Turner, and Patrick Walsh #14792 (ED, LS) - Central Bank Transparency: Causes, Consequences and Updates
Nergiz Dincer and Barry Eichengreen #14791 (IFM)
Week of March 8, 2009
- Changes in U.S. Hospitalization and Mortality Rates Following Smoking Bans
Kanaka D. Shetty, Thomas DeLeire, Chapin White, and Jayanta Bhattacharya #14790 (HC, HE) - Labor Regulations, Unions, and Social Protection in Developing Countries: Market distortions or Efficient Institutions?
Richard B. Freeman #14789 (LS) - The Long-Run Risks Model and Aggregate Asset Prices: An Empirical Assessment
Jason Beeler and John Y. Campbell #14788 (AP) - Reset Price Inflation and the Impact of Monetary Policy Shocks
Mark Bils, Peter J. Klenow, and Benjamin A. Malin #14787 (EFG, ME) - Foreign Ownership and Firm Performance: Emerging-Market Acquisitions in the United States
Anusha Chari, Wenjie Chen, and Kathryn M.E. Dominguez #14786 (IFM) - Vanishing Third World Emigrants?
Timothy J. Hatton and Jeffrey G. Williamson #14785 (DAE) - Migration and the welfare state: Dynamic Political-Economy Theory
Assaf Razin, Efraim Sadka, and Benjarong Suwankiri #14784 (IFM) - The Slave Trade and the Origins of Mistrust in Africa
Nathan Nunn and Leonard Wantchekon #14783 (ITI) - New Keynesian versus Old Keynesian Government Spending Multipliers
John F. Cogan, Tobias Cwik, John B. Taylor, and Volker Wieland #14782 (EFG) - Did Vietnam Veterans Get Sicker in the 1990s? The Complicated Effects of Military Service on Self-Reported Health
Joshua D. Angrist, Stacey H. Chen, and Brigham R. Frandsen #14781 (HC, HE, LS, PE) - Do Financial Incentives Help Low-Performing Schools Attract and Keep Academically Talented Teachers? Evidence from California
Jennifer L. Steele, Richard J. Murnane, and John B. Willett #14780 (ED, LS) - On the Paradox of Prudential Regulations in the Globalized Economy: International Reserves and the Crisis a Reassessment
Joshua Aizenman #14779 (IFM, ITI) - Value-Added to What? How a Ceiling in the Testing Instrument Influences Value-Added Estimation
Cory Koedel and Julian Betts #14778 (ED) - REDUCED-CLASS DISTINCTIONS: EFFORT, ABILITY, AND THE EDUCATION PRODUCTION FUNCTION
Philip Babcock and Julian R. Betts #14777 (ED) - Margins of Multinational Labor Substitution
Marc-Andreas Muendler and Sascha O. Becker #14776 (ITI, LS) - Beyond Incentives: Do Schools use Accountability Rewards Productively?
Marigee Bacolod, John DiNardo, and Mireille Jacobson #14775 (ED, LS, PE) - Commodity Market Disintegration in the Interwar Period
William Hynes, David S. Jacks, and Kevin H. O'Rourke #14767 (DAE, ITI)
Week of March 1, 2009
- The Myth of the Frontier
Camilo Garcia-Jimeno and James A. Robinson #14774 (DAE) - Marriage Meets the Joneses: Relative Income, Identity, and Marital Status
Tara Watson and Sara McLanahan #14773 (HE, LS) - Optimal Endowment Destruction under Campbell-Cochrane Habit Formation
Lars Ljungqvist and Harald Uhlig #14772 (AP, EFG, TWP) - Competition and Political Organization: Together or Alone in Lobbying for Trade Policy?
Matilde Bombardini and Francesco Trebbi #14771 (ITI, POL) - A Note on Regime Switching, Monetary Policy, and Multiple Equilibria
Jess Benhabib #14770 (EFG, ME) - Innovation and Institutional Ownership
Philippe Aghion, John Van Reenen, and Luigi Zingales #14769 (CF, PR) - Quantitative Macroeconomics with Heterogeneous Households
Jonathan Heathcote, Kjetil Storesletten, and Giovanni L. Violante #14768 (EFG) - History without Evidence: Latin American Inequality since 1491
Jeffrey G. Williamson #14766 (DAE) - Winning Play in Spectrum Auctions
Jeremy Bulow, Jonathan Levin, and Paul Milgrom #14765 (IO) - Groupthink: Collective Delusions in Organizations and Markets
Roland Benabou #14764 (AP, EFG, IO) - Ottoman De-Industrialization 1800-1913: Assessing the Shock, Its Impact and the Response
Sevket Pamuk and Jeffrey G. Williamson #14763 (DAE) - Partisan Control, Media Bias, and Viewer Responses: Evidence from Berlusconi's Italy
Ruben Durante and Brian Knight #14762 (PE, POL)
Week of February 22, 2009
- Ratings Shopping and Asset Complexity: A Theory of Ratings Inflation
Vasiliki Skreta and Laura Veldkamp #14761 (AP, CF, ME) - Stock-Market Crashes and Depressions
Robert J. Barro and Jose Ursua #14760 (AP, EFG, IFM) - Choice Inconsistencies Among the Elderly: Evidence from Plan Choice in the Medicare Part D Program
Jason T. Abaluck and Jonathan Gruber #14759 (AG, HC, HE, PE) - The Broadband Bonus: Accounting for Broadband Internet's Impact on U.S. GDP
Shane Greenstein and Ryan C. McDevitt #14758 (IO, PR) - Are Stocks Really Less Volatile in the Long Run?
Lubos Pastor and Robert F. Stambaugh #14757 (AP) - A Martingale Representation for Matching Estimators
Alberto Abadie and Guido Imbens #14756 (TWP) - Sunk Costs and Risk-Based Barriers to Entry
Robert S. Pindyck #14755 (IO) - Risk Preferences in the PSID: Individual Imputations and Family Covariation
Miles S. Kimball, Claudia R. Sahm, and Matthew D. Shapiro #14754 (AP, EFG, ME) - Did the 2008 Tax Rebates Stimulate Spending?
Matthew D. Shapiro and Joel B. Slemrod #14753 (EFG, ME, PE) - Litigation and Regulation
Joshua Schwartzstein and Andrei Shleifer #14752 (LE) - Towards a System of Open Cities in China: Home Prices, FDI Flows and Air Quality in 35 Major Cities
Siqi Zheng, Matthew E. Kahn, and Hongyu Liu #14751 (EEE, ITI) - The Internet and Local Wages: Convergence or Divergence?
Chris Forman, Avi Goldfarb, and Shane Greenstein #14750 (PR)
Week of February 15, 2009
- Interracial Workplace Cooperation: Evidence from the NBA
Joseph Price, Lars Lefgren, and Henry Tappen #14749 (LS) - Commodity Price Volatility and World Market Integration since 1700
David S. Jacks, Kevin H. O'Rourke, and Jeffrey G. Williamson #14748 (DAE, ITI) - Where does regulation hurt? Evidence from new businesses across countries
Silvia Ardagna and Annamaria Lusardi #14747 (AG) - Technological Changes and Employment of Older Manufacturing Workers in Early Twentieth Century America
Chulhee Lee #14746 (AG, DAE) - Socioeconomic Differences in the Health of Black Union Army Soldiers
Chulhee Lee #14745 (DAE) - Income and Health Spending: Evidence from Oil Price Shocks
Daron Acemoglu, Amy Finkelstein, and Matthew J. Notowidigdo #14744 (AG, EFG, HC, LS, PE) - Modeling Earnings Dynamics
Joseph G. Altonji, Anthony Smith, and Ivan Vidangos #14743 (EFG, LS, PE) - Is Lottery Gambling Addictive?
Jonathan Guryan and Melissa Schettini Kearney #14742 (HE, LS, PE) - Earnings Inequality and Coordination Costs: Evidence From U.S. Law Firms
Luis Garicano and Thomas Hubbard #14741 (IO, LS) - Large Employers Are More Cyclically Sensitive
Giuseppe Moscarini and Fabien Postel-Vinay #14740 (EFG) - The Credit Crisis: Conjectures about Causes and Remedies
Douglas W. Diamond and Raghuram Rajan #14739 (AP, CF, IFM, ME) - The Skill Composition of Migration and the Generosity of the Welfare State
Alon Cohen, Assaf Razin, and Efraim Sadka #14738 (IFM, ITI, PE) - Dynamics of Consumer Demand for New Durable Goods
Gautam Gowrisankaran and Marc Rysman #14737 (IO, PR) - The Contribution of Highways to GDP Growth
Barbara M. Fraumeni #14736 (PR) - A New Metric for Banking Integration in Europe
Reint Gropp and Anil Kashyap #14735 (CF, ME) - International Portfolio Allocation under Model Uncertainty
Pierpaolo Benigno and Salvatore Nisticý #14734 (AP, IFM, ME) - Characteristics of Observed Limit Order Demand and Supply Schedules for Individual Stocks
Jung-Wook Kim, Jason Lee, and Randall Morck #14733 (CF) - A Sticky-Information General-Equilibrium Model for Policy Analysis
Ricardo Reis #14732 (EFG, ME) - Bretton Woods II Still Defines the International Monetary System
Michael P. Dooley, David Folkerts-Landau, and Peter M. Garber #14731 (IFM) - The distribution of wealth and fiscal policy in economies with finitely lived agents
Jess Benhabib and Alberto Bisin #14730 (EFG)
Week of February 8, 2009
- What Caused the Recession of 2008? Hints from Labor Productivity
Casey Mulligan #14729 (EFG, PE) - Maternal Smoking and the Timing of WIC Enrollment
Theodore J. Joyce, Andrew D. Racine, and Cristina Yunzal-Butler #14728 (HE) - A Note on Liquidity Risk Management
Markus K. Brunnermeier and Motohiro Yogo #14727 (AP, CF) - Optimal Bandwidth Choice for the Regression Discontinuity Estimator
Guido Imbens and Karthik Kalyanaraman #14726 (LS, TWP) - Implementing the New Fiscal Policy Activism
Alan J. Auerbach #14725 (PE) - Do Target CEOs Sell Out Their Shareholders to Keep Their Job in a Merger?
Leonce L. Bargeron, Frederik P. Schlingemann, Ren� M. Stulz, and Chad J. Zutter #14724 (CF) - Regression Discontinuity Designs in Economics
David S. Lee and Thomas Lemieux #14723 (ED, LS) - The Euro and Fiscal Policy
Antonio Fatas and Ilian Mihov #14722 (ME, PE) - The Effect of Fast Food Restaurants on Obesity
Janet Currie, Stefano DellaVigna, Enrico Moretti, and Vikram Pathania #14721 (CH, HE, LS, PE) - International Evidence on the Social Context of Well-Being
John F. Helliwell, Christopher P. Barrington-Leigh, Anthony Harris, and Haifang Huang #14720 (HE, IFM, LS, PE) - Why We Need to Measure the Effect of Merger Policy and How to Do It
Dennis W. Carlton #14719 (IO) - Towards an Efficient Mechanism for Prescription Drug Procurement
Kyna Fong and Michael Schwarz #14718 (HE) - "Opt-Out" Rates at Motherhood Across High-Education Career Paths: Selection Versus Work Environment
Jane Leber Herr and Catherine Wolfram #14717 (LS) - Introduction to �China�s Growing Role in World Trade�
Robert C. Feenstra and Shang-Jin Wei #14716 (ITI) - New Ways to Make People Save: A Social Marketing Approach
Annamaria Lusardi, Punam Anand Keller, and Adam M. Keller #14715 (AG) - Financial Patenting in Europe
Bronwyn H. Hall, Grid Thoma, and Salvatore Torrisi #14714 (IO, PR) - Gender Differences in Risk Aversion and Ambiguity Aversion
Lex Borghans, Bart H.H. Golsteyn, James J. Heckman, and Huub Meijers #14713 (LS) - The Credit Ratings Game
Patrick Bolton, Xavier Freixas, and Joel Shapiro #14712 (CF, IO) - International Trade and the Negotiability of Global Climate Change Agreements
John Whalley, Yuezhou Cai, and Raymond Riezman #14711 (EEE)
Week of February 1, 2009
- Understanding Markov-Switching Rational Expectations Models
Roger E.A. Farmer, Tao Zha, and Daniel F. Waggoner #14710 (EFG, ME) - Long-Run Impacts of Unions on Firms: New Evidence from Financial Markets, 1961-1999
David Lee and Alexandre Mas #14709 (LS) - Understanding Commercial Real Estate: Just How Different from Housing Is It?
Joseph Gyourko #14708 (PE) - Do Teenagers Respond to HIV Risk Information? Evidence from a Field Experiment in Kenya
Pascaline Dupas #14707 (CH) - Comparing IV With Structural Models: What Simple IV Can and Cannot Identify
James J. Heckman and Sergio Urzua #14706 (TWP) - Stereotype Threat and the Student-Athlete
Thomas S. Dee #14705 (ED) - Economies of Density versus Natural Advantage: Crop Choice on the Back Forty
Thomas J. Holmes and Sanghoon Lee #14704 (PR) - Disclosure by Politicians
Simeon Djankov, Rafael La Porta, Florencio Lopez-de-Silanes, and Andrei Shleifer #14703 (LE, POL) - Government Transfers and Political Support
Marco Manacorda, Edward Miguel, and Andrea Vigorito #14702 (PE, POL) - Inflation Bets or Deflation Hedges? The Changing Risks of Nominal Bonds
John Y. Campbell, Adi Sunderam, and Luis M. Viceira #14701 (AP, IFM, ME) - New Estimation of China�s Exchange Rate Regime
Jeffrey A. Frankel #14700 (IFM) - Measuring the Financial Sophistication of Households
Laurent E. Calvet, John Y. Campbell, and Paolo Sodini #14699 (AP) - Risk Bearing, Implicit Financial Services and Specialization in the Financial Industry
J. Christina Wang and Susanto Basu #14614 (PR)
Week of January 25, 2009
- The Term Structures of Equity and Interest Rates
Martin Lettau and Jessica A. Wachter #14698 (AP) - The Demand for Youth: Implications for the Hours Volatility Puzzle
Nir Jaimovich, Seth Pruitt, and Henry E. Siu #14697 (EFG) - Reflections on Americans' Views of the Euro Ex Ante
Martin S. Feldstein #14696 (IFM) - The Economics and Psychology of Inequality and Human Development
Flavio Cunha and James J. Heckman #14695 (CH, ED, HC, HE, PE) - Commodity Price Shocks and the Australian Economy since Federation
Sambit Bhattacharyya and Jeffrey G. Williamson #14694 (DAE) - Savings Constraints and Microenterprise Development: Evidence from a Field Experiment in Kenya
Pascaline Dupas and Jonathan Robinson #14693 (CH) - Take-Up of Medicare Part D: Results from the Health and Retirement Study
Helen Levy and David Weir #14692 (HC, HE, PE) - International Finance and Growth in Developing Countries: What Have We Learned?
Maurice Obstfeld #14691 (EFG, IFM) - Instruments of development: Randomization in the tropics, and the search for the elusive keys to economic development
Angus S. Deaton #14690 (AG, EFG, HC) - Median Stable Matching
Michael Schwarz and M. Bumin Yenmez #14689 (LS) - Global Imbalances and Financial Fragility
Ricardo J. Caballero and Arvind Krishnamurthy #14688 (AP, EFG, IFM) - Municipal Debt and Marginal Tax Rates: Is there a Tax Premium in Asset Prices?
Francis A. Longstaff #14687 (AP) - Harvests and Business Cycles in Nineteenth-Century America
Joseph H. Davis, Christopher Hanes, and Paul W. Rhode #14686 (DAE) - Estimating the Effect of a Gasoline Tax on Carbon Emissions
Lucas W. Davis and Lutz Kilian #14685 (EEE, PE) - Rethinking the Role of Fiscal Policy
Martin S. Feldstein #14684 (EFG, PE) - Immigration and Inequality
David Card #14683 (LS) - Welfare and Generational Equity in Sustainable Unfunded Pension Systems
Alan J. Auerbach and Ronald Lee #14682 (AG, PE) - Dynamics of the Gender Gap for Young Professionals in the Corporate and Financial Sectors
Marianne Bertrand, Claudia Goldin, and Lawrence F. Katz #14681 (DAE, LS) - Temperature and Income: Reconciling New Cross-Sectional and Panel Estimates
Melissa Dell, Benjamin F. Jones, and Benjamin A. Olken #14680 (EEE, EFG) - Price Variation in Markets with Homogeneous Goods: The Case of Medigap
Nicole Maestas, Mathis Schroeder, and Dana Goldman #14679 (HC) - Is Monetary Policy Effective During Financial Crises?
Frederic S. Mishkin #14678 (EFG, ME)
Week of January 18, 2009
- The Econometrics of DSGE Models
Jesús Fernández-Villaverde #14677 (EFG) - Unemployment, Market Work and Household Production
Michael Burda and Daniel S. Hamermesh #14676 (EFG, LS) - "Momma's Got the Pill": How Anthony Comstock and Griswold v. Connecticut Shaped U.S. Childbearing
Martha J. Bailey #14675 (DAE) - Last-In First-Out Oligopoly Dynamics
Jaap H. Abbring and Jeffrey R. Campbell #14674 (EFG) - China's Current Account and Exchange Rate
Yin-Wong Cheung, Menzie D. Chinn, and Eiji Fujii #14673 (IFM) - Matching and Inequality in the World Economy
Arnaud Costinot and Jonathan Vogel #14672 (ITI) - The Impact of Children’s Public Health Insurance Expansions on Educational Outcomes
Phillip B. Levine and Diane Whitmore Schanzenbach #14671 (CF, ED, HC, HE) - R&D Investment, Exporting, and Productivity Dynamics
Bee Yan Aw, Mark J. Roberts, and Daniel Yi Xu #14670 (ITI, PR) - Momentum traders in the housing market: survey evidence and a search model
Monika Piazzesi and Martin Schneider #14669 (AP, EFG, ME) - Adaptation and the Boundary of Multinational Firms
Arnaud Costinot, Lindsay Oldenski, and James E. Rauch #14668 (ITI) - Retirement Income Security and Well-Being in Canada
Michael Baker, Jonathan Gruber, and Kevin S. Milligan #14667 (AG) - Student sorting and bias in value added estimation: Selection on observables and unobservables
Jesse Rothstein #14666 (ED, LS) - Who Bears Aggregate Fluctuations and How?
Jonathan A. Parker and Annette Vissing-Jorgensen #14665 (AP, EFG, LS, ME) - How Globalization Affects Tax Design
James R. Hines, Jr. and Lawrence H. Summers #14664 (PE) - The Integrated Financial and Real System of National Accounts for the United States: Does It Presage the Financial Crisis?
Michael G. Palumbo and Jonathan A. Parker #14663 (AP, EFG, ME) - The Margins of U.S. Trade (Long Version)
Andrew B. Bernard, J. Bradford Jensen, Stephen J. Redding, and Peter K. Schott #14662 (ITI) - Technological Change and the Growing Inequality in Managerial Compensation
Hanno Lustig, Chad Syverson, and Stijn Van Nieuwerburgh #14661 (CF, EFG, PR) - Public Policies and Women's Employment after Childbearing
Wen-Jui Han, Christopher Ruhm, Jane Waldfogel, and Elizabeth Washbrook #14660 (CH, LS, PE) - Payday Loans and Credit Cards: New Liquidity and Credit Scoring Puzzles?
Sumit Agarwal, Paige M. Skiba, and Jeremy Tobacman #14659 (IO, ME) - Some New Perspectives on India’s Approach to Capital Account Liberalization
Eswar S. Prasad #14658 (IFM) - Fiscal Foresight and Information Flows
Eric M. Leeper, Todd B. Walker, and Shu-Chun Susan Yang #14630 (EFG)
Week of January 11, 2009
- Sterling in crisis: 1964-1967
Michael D. Bordo, Ronald MacDonald, and Michael J. Oliver #14657 (ME) - The Aftermath of Financial Crises
Carmen M. Reinhart and Kenneth S. Rogoff #14656 (IFM) - Policy Choice: Theory and Evidence from Commitment via International Trade Agreements
Nuno Limão and Patricia Tovar #14655 (ITI, LE, PE) - Satisficing Contracts
Patrick Bolton and Antoine Faure-Grimaud #14654 (CF, IO, LE) - Life Expectancy and Old Age Savings
Mariacristina De Nardi, Eric French, and John Bailey Jones #14653 (AG, HE, PE) - This Job is 'Getting Old:' Measuring Changes in Job Opportunities Using Occupational Age Structure
David Autor and David Dorn #14652 (LS) - Inventories, Markups, and Real Rigidities in Menu Cost Models
Oleksiy Kryvtsov and Virgiliu Midrigan #14651 (ME) - Vertical Integration, Institutional Determinants and Impact: Evidence from China
Joseph P.H. Fan, Jun Huang, Randall Morck, and Bernard Yeung #14650 (CF) - Information, Liquidity, and the (Ongoing) Panic of 2007
Gary B. Gorton #14649 (AP, CF, ME) - Regulation and Distrust
Philippe Aghion, Yann Algan, Pierre Cahuc, and Andrei Shleifer #14648 (CF, POL) - Social Security Programs and Retirement Around the World: The Relationship to Youth Employment, Introduction and Summary
Jonathan Gruber, Kevin Milligan, and David A. Wise #14647 (AG, PE, LS) - Learning in Financial Markets
Luboš Pástor and Pietro Veronesi #14646 (AP, CF) - An Elementary Theory of Comparative Advantage
Arnaud Costinot #14645 (ITI) - Wages and Human Capital in the U.S. Financial Industry: 1909-2006
Thomas Philippon and Ariell Reshef #14644 (AP, CF, EFG, LS) - A Political Economy Theory of Partial Decentralization
John William Hatfield and Gerard Padro i Miquel #14628 (PE, POL)
Week of January 4, 2009
- Globalization and Income Distribution: A Specific Factors Continuum Approach
James E. Anderson #14643 (ITI) - Gravity, Productivity and the Pattern of Production and Trade
James E. Anderson #14642 (ITI) - Did Improvements in Household Technology Cause the Baby Boom? Evidence from Electrification, Appliance Diffusion, and the Amish
Martha J. Bailey and William J. Collins #14641 (DAE) - Did Railroads Induce or Follow Economic Growth? Urbanization and Population Growth in the American Midwest, 1850-60
Jeremy Atack, Fred Bateman, Michael Haines, and Robert A. Margo #14640 (DAE) - Do Bequests Increase or Decrease Wealth Inequalities?
Charles Yuji Horioka #14639 (AG, EFG, PE) - The Perils of the Learning Model For Modeling Endogenous Technological Change
William D. Nordhaus #14638 (EEE, EFG, IO, PR) - Life (evaluation), HIV/AIDS, and Death in Africa
Angus Deaton, Jane Fortson, and Robert Tortora #14637 (AG, HC, HE, PE) - How Big are the Gains from International Financial Integration?
Indrit Hoxha, Sebnem Kalemli-Ozcan, and Dietrich Vollrath #14636 (EFG, IFM) - Recent Trends in Height by Gender and Ethnicity in the US in Relation to Levels of Income
John Komlos #14635 (DAE, HE) - The Effects of Pharmaceutical Marketing and Promotion on Adverse Drug Events and Regulation
Guy David, Sara Markowitz, and Seth Richards #14634 (HC, HE, LE) - Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation
Eric A. Hanushek and Ludger Woessmann #14633 (ED, EFG, LS, PE) - Exporting and Firm Performance: Chinese Exporters and the Asian Financial Crisis
Albert Park, Dean Yang, Xinzheng Shi, and Yuan Jiang #14632 (ITI) - The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong
John B. Taylor #14631 (EFG, IFM, ME)
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