NBER Working Papers
Week of December 31, 2012
- Revealed Preferences for Journals: Evidence from Page Limits
David Card and Stefano DellaVigna #18663 ( ED IO LS PE PR) - Identifying Equilibrium Models of Labor Market Sorting
Marcus Hagedorn, Tzuo Hann Law, and Iourii Manovskii #18661 ( EFG) - Losing Heart? The Effect of Job Displacement on Health
Sandra E. Black, Paul J. Devereux, and Kjell G. Salvanes #18660 ( HE LS) - Corn Production Shocks in 2012 and Beyond: Implications for Food Price Volatility
Steven T. Berry, Michael J. Roberts, and Wolfram Schlenker #18659 ( EEE) - The Nexus of Social Security Benefits, Health, and Wealth at Death
James M. Poterba, Steven F. Venti, and David A. Wise #18658 ( AG HC) - Size-Dependent Regulations, Firm Size Distribution, and Reallocation
François Gourio and Nicolas A. Roys #18657 ( DEV LS PE PR) - Youth Depression and Future Criminal Behavior
D. Mark Anderson, Resul Cesur, and Erdal Tekin #18656 ( CH HE) - The Surprisingly Swift Decline of U.S. Manufacturing Employment
Justin R. Pierce and Peter K. Schott #18655 ( ITI)
Week of December 24, 2012
- Catching Up and Falling Behind
Nancy L. Stokey #18654 (EFG) - Trade Reforms and Current Account Imbalances: When Does the General Equilibrium Effect Overturn a Partial Equilibrium Intuition?
Jiandong Ju, Kang Shi, and Shang-Jin Wei #18653 (IFM ITI) - Heterogeneous Firms and Trade
Marc J. Melitz and Stephen J. Redding #18652 (ITI) - Notes for a New Guide to Keynes (I): Wages, Aggregate Demand, and Employment
Jordi Galí #18651 (EFG ME) - Deregulation, Misallocation, and Size: Evidence from India
Laura Alfaro and Anusha Chari #18650 (EFG IFM PR) - Algebra for 8th Graders: Evidence on its Effects from 10 North Carolina Districts
Charles T. Clotfelter, Helen F. Ladd, and Jacob L. Vigdor #18649 (ED PE) - Do Classmate Effects Fade Out?
Robert Bifulco, Jason M. Fletcher, Sun Jung Oh, and Stephen L. Ross #18648 (CH ED) - The Inefficient Markets Hypothesis: Why Financial Markets Do Not Work Well in the Real World
Roger E.A. Farmer, Carine Nourry, and Alain Venditti #18647 (AP EFG IFM) - Exchange Rate Determination, Risk Sharing and the Asset Market View
A. Craig Burnside and Jeremy J. Graveline #18646 (AP EFG IFM) - Market-Based Emissions Regulation and Industry Dynamics
Meredith Fowlie, Mar Reguant, and Stephen P. Ryan #18645 (EEE IO) - Carry Trade and Systemic Risk: Why are FX Options so Cheap?
Ricardo J. Caballero and Joseph B. Doyle #18644 (ME) - A Gift of Time
Daiji Kawaguchi, Jungmin Lee, and Daniel S. Hamermesh #18643 (EFG LS) - The RAND Health Insurance Experiment, Three Decades Later
Aviva Aron-Dine, Liran Einav, and Amy Finkelstein #18642 (AG HC PE IO) - The Economics of Faith: Using an Apocalyptic Prophecy to Elicit Religious Beliefs in the Field
Ned Augenblick, Jesse M. Cunha, Ernesto Dal Bó, and Justin M. Rao #18641 (POL) - Fast-Food Restaurant Advertising on Television and Its Influence on Youth Body Composition
Michael Grossman, Erdal Tekin, and Roy Wada #18640 (HE) - Increasing Our Understanding of the Health-Income Gradient in Children
Jason Fletcher and Barbara L. Wolfe #18639 (CH HE) - Prominent Job Advertisements, Group Learning and Wage Dispersion
Julio J. Rotemberg #18638 (EFG LS) - Multi-Product Firms and Product Quality
Kalina Manova and Zhiwei Zhang #18637 (IFM ITI) - Third-Party Opportunism and the Nature of Public Contracts
Marian W. Moszoro and Pablo T. Spiller #18636 (LE) - Six Decades of Top Economics Publishing: Who and How?
Daniel S. Hamermesh #18635 (LS) - Solomonic Separation: Risk Decisions as Productivity Indicators
Nolan Miller, Alexander F. Wagner, and Richard J. Zeckhauser #18634 (CF) - Social Fragmentation, Public Goods and Elections: Evidence from China
Gerard Padro i Miquel, Nancy Qian, and Yang Yao #18633 (DEV PE POL) - The Great Trade Collapse
Rudolfs Bems, Robert C. Johnson, and Kei-Mu Yi #18632 (IFM ITI) - Patent Laws and Innovation: Evidence from Economic History
Petra Moser #18631 (DAE IO LE PR) - The Effects of Information, Social and Economic Incentives on Voluntary Undirected Blood Donations: Evidence from a Randomized Controlled Trial in Argentina
Victor Iajya, Nicola Lacetera, Mario Macis, and Robert Slonim #18630 (DEV HE) - Smart Machines and Long-Term Misery
Jeffrey D. Sachs and Laurence J. Kotlikoff #18629 (PE) - Are the Gains from Foreign Diversification Diminishing? Assessing the Impact with Cross-listed Stocks
Karen K. Lewis and Sandy Lai #18627 (AP IFM) - Endowment Management Based on a Positive Model of the University
Caroline M. Hoxby #18626 (bED LS PE)
Week of December 17, 2012
- Matthew: Effect or Fable?
Pierre Azoulay, Toby Stuart, and Yanbo Wang #18625 (PR) - Non-Cognitive Ability, Test Scores, and Teacher Quality: Evidence from 9th Grade Teachers in North Carolina
C. Kirabo Jackson #18624 (CH ED LS PE) - The Impact of Minimum Age of Employment Regulation on Child Labor and Schooling: Evidence from UNICEF MICS Countries
Eric V. Edmonds and Maheshwor Shrestha #18623 (CH DEV LS) - A Voting Architecture for the Governance of Free-Driver Externalities, with Application to Geoengineering
Martin Weitzman #18622 (EEE) - Thirty Years of Prospect Theory in Economics: A Review and Assessment
Nicholas C. Barberis #18621 (AP) - Firm/Employee Matching: An Industry Study of American Lawyers
Paul Oyer and Scott Schaefer #18620 (IO LE LS) - Disagreement and Asset Prices
Bruce I. Carlin, Francis A. Longstaff, and Kyle Matoba #18619 (AP) - Consolidating the Evidence on Income Mobility in the Western States of Germany and the U.S. from 1984-2006
Gulgun Bayaz-Ozturk, Richard V. Burkhauser, and Kenneth A. Couch #18618 (LS) - Valuation Risk and Asset Pricing
Rui Albuquerque, Martin S. Eichenbaum, and Sergio Rebelo #18617 (AP) - Harvests and Financial Crises in Gold-Standard America
Christopher Hanes and Paul W. Rhode #18616 (DAE) - Importers, Exporters, and Exchange Rate Disconnect
Mary Amiti, Oleg Itskhoki, and Jozef Konings #18615 (IFM ITI) - Cognitive Mobility: Labor Market Responses to Supply Shocks in the Space of Ideas
George J. Borjas and Kirk B. Doran #18614 (LS) - Mobile Scientists and International Networks
Giuseppe Scellato, Chiara Franzoni, and Paula Stephan #18613 (LS) - A Poll Tax by any Other Name: The Political Economy of Disenfranchisement
Daniel B. Jones, Werner Troesken, and Randall Walsh #18612 (DAE PE POL) - Securitization
Gary Gorton and Andrew Metrick #18611 (AP CF EFG ME) - Who is Exposed to Gas Prices? How Gasoline Prices Affect Automobile Manufacturers and Dealerships
Meghan R. Busse, Christopher R. Knittel, and Florian Zettelmeyer #18610 (EEE IO) - The Effects of Texas's Targeted Pre-Kindergarten Program on Academic Performance
Rodney J. Andrews, Paul Jargowsky, and Kristin Kuhne #18598 (LS)
Week of December 10, 2012
- Did the Community Reinvestment Act (CRA) Lead to Risky Lending?
Sumit Agarwal, Efraim Benmelech, Nittai Bergman, and Amit Seru #18609 (AP CF) - Misconduct in Credence Good Markets
Jennifer Brown and Dylan B. Minor #18608 (IO) - Risk Management and Climate Change
Howard Kunreuther, Geoffrey Heal, Myles Allen, Ottmar Edenhofer, Christopher B. Field, and Gary Yohe #18607 (EEE) - External Imbalances and Financial Crises
Alan M. Taylor #18606 (DAE IFM) - Does State Preschool Crowd-Out Private Provision? The Impact of Universal Preschool on the Childcare Sector in Oklahoma and Georgia
Daphna Bassok, Maria Fitzpatrick, and Susanna Loeb #18605 (ED) - Concording EU Trade and Production Data over Time
Ilke Van Beveren, Andrew B. Bernard, and Hylke Vandenbussche #18604 (ITI) - Cyclical Variation in Labor Hours and Productivity Using the ATUS
Michael C. Burda, Daniel S. Hamermesh, and Jay Stewart #18603 (EFG LS) - Experience Matters: Human Capital and Development Accounting
David Lagakos, Benjamin Moll, Tommaso Porzio, and Nancy Qian #18602 (DEV EFG LS) - Narrow Framing and Life Insurance
Daniel Gottlieb and Kent Smetters #18601 (AG IO) - When Is There a Strong Transfer Risk from the Sovereigns to the Corporates? Property Rights Gaps and CDS Spreads
Jennie Bai and Shang-Jin Wei #18600 (CF DEV IFM) - The Promise of Positive Optimal Taxation: A Generalized Theory Calibrated to Survey Evidence on Normative Preferences Explains Puzzling Features of Policy
Matthew C. Weinzierl #18599 (PE) - Do Labor Market Policies Have Displacement Effects? Evidence from a Clustered Randomized Experiment
Bruno Crépon, Esther Duflo, Marc Gurgand, Roland Rathelot, and Philippe Zamora #18597 (LS) - Carbon Taxes, Path Dependency and Directed Technical Change: Evidence from the Auto Industry
Philippe Aghion, Antoine Dechezleprêtre, David Hemous, Ralf Martin, and John Van Reenen #18596 (EEE) - Offshoring and Directed Technical Change
Daron Acemoglu, Gino Gancia, and Fabrizio Zilibotti #18595 (ITI POL) - Costly Litigation and Optimal Damages
A. Mitchell Polinsky and Steven Shavell #18594 (LE) - Value-Based Differential Pricing: Efficient Prices for Drugs in a Global Context
Patricia M. Danzon, Adrian K. Towse, and Jorge Mestre-Ferrandiz #18593 (HE) - Capital and Labor Reallocation Inside Firms
Xavier Giroud and Holger M. Mueller #18592 (CF) - The ARRA: Some Unpleasant Welfare Arithmetic
Casey B. Mulligan #18591 (LS PE) - Buy-it-now or Take-a-chance: Price Discrimination through Randomized Auctions
L. Elisa Celis, Gregory Lewis, Markus M. Mobius, and Hamid Nazerzadeh #18590 (IO) - The Gorbachev Anti-Alcohol Campaign and Russia's Mortality Crisis
Jay Bhattacharya, Christina Gathmann, and Grant Miller #18589 (AG DEV HC HE) - Changing Social Contracts: Beliefs and Dissipative Inclusion in Brazil
Lee J. Alston, Marcus Melo, Bernardo Mueller, and Carlos Pereira #18588 (DAE DEV POL) - Efficient Bailouts?
Javier Bianchi #18587 (IFM) - The Missing "One-Offs": The Hidden Supply of High-Achieving, Low Income Students
Caroline M. Hoxby and Christopher Avery #18586 (ED LS PE) - Participation and Duration of Environmental Agreements
Marco Battaglini and Bård Harstad #18585 (EEE LE PE POL)
Week of December 3, 2012
- Taxation of Intergenerational Transfers and Wealth
Wojciech Kopczuk #18584 (EFG PE POL) - Gasoline Prices, Fuel Economy, and the Energy Paradox
Hunt Allcott and Nathan Wozny #18583 (EEE IO PE) - Understanding the Mechanisms through Which an Influential Early Childhood Program Boosted Adult Outcomes
James J. Heckman, Rodrigo Pinto, and Peter A. Savelyev #18581 (CH DEV ED) - Incentives, Commitments and Habit Formation in Exercise: Evidence from a Field Experiment with Workers at a Fortune-500 Company
Heather Royer, Mark F. Stehr, and Justin R. Sydnor #18580 (HC HE) - Tracing Value-added and Double Counting in Gross Exports
Robert Koopman, Zhi Wang, and Shang-Jin Wei #18579 (ITI) - Output Spillovers from Fiscal Policy
Alan J. Auerbach and Yuriy Gorodnichenko #18578 (EFG PE) - Gender, Competitiveness and Career Choices
Thomas Buser, Muriel Niederle, and Hessel Oosterbeek #18576 (CH ED LS) - What Makes Annuitization More Appealing?
John Beshears, James J. Choi, David Laibson, Brigitte C. Madrian, and Stephen P. Zeldes #18575 (AG) - Free to Choose? Reform and Demand Response in the English National Health Service
Martin Gaynor, Carol Propper, and Stephan Seiler #18574 (HC) - Democracy Undone. Systematic Minority Advantage in Competitive Vote Markets
Alessandra Casella and Sébastien Turban #18573 (POL) - Analyzing the Effects of Insuring Health Risks: On the Trade-off between Short Run Insurance Benefits vs. Long Run Incentive Costs
Harold L. Cole, Soojin Kim, and Dirk Krueger #18572 (EFG HE PE) - Health Care Reforms and the Value of Future Public Liabilities
Kristopher J. Hult and Tomas J. Philipson #18571 (HC) - Is Inflation Targeting Still On Target?
Luis Felipe Céspedes, Roberto Chang, and Andrés Velasco #18570 (IFM) - Macroeconomic Performance During Commodity Price Booms and Busts
Luis Felipe Céspedes and Andrés Velasco #18569 (IFM ME) - Using Student Test Scores to Measure Principal Performance
Jason A. Grissom, Demetra Kalogrides, and Susanna Loeb #18568 (ED) - Optimal Aggregation of Consumer Ratings: An Application to Yelp.com
Weijia Dai, Ginger Z. Jin, Jungmin Lee, and Michael Luca #18567 (IO) - Colonialism and Economic Development in Africa
Leander Heldring and James A. Robinson #18566 (DAE)
Week of November 26, 2012
- Active vs. Passive Decisions and Crowdout in Retirement Savings Accounts: Evidence from Denmark
Raj Chetty, John N. Friedman, Soren Leth-Petersen, Torben Nielsen, and Tore Olsen #18565 (AG EFG LS PE) - Nonlinear Policy Rules and the Identification and Estimation of Causal Effects in a Generalized Regression Kink Design
David Card, David Lee, Zhuan Pei, and Andrea Weber #18564 (LS) - Product Introductions, Currency Unions, and the Real Exchange Rate
Alberto Cavallo, Brent Neiman, and Roberto Rigobon #18563 (EFG IFM ITI ME) - Using Neural Data to Test a Theory of Investor Behavior: An Application to Realization Utility
Cary Frydman, Nicholas Barberis, Colin Camerer, Peter Bossaerts, and Antonio Rangel #18562 (AP) - Firms and Credit Constraints along the Value-Added Chain: Processing Trade in China
Kalina Manova and Zhihong Yu #18561 (CF DEV ITI PR) - Arbitrage Asymmetry and the Idiosyncratic Volatility Puzzle
Robert F. Stambaugh, Jianfeng Yu, and Yu Yuan #18560 (AP) - The Asset Price Meltdown and the Wealth of the Middle Class
Edward N. Wolff #18559 (AG LS PR) - Embedded Leverage
Andrea Frazzini and Lasse H. Pedersen #18558 (AP) - The Federal Reserve, Emerging Markets, and Capital Controls: A High Frequency Empirical Investigation
Sebastian Edwards #18557 (DEV IFM ME) - On the Link Between the Volatility and Skewness of Growth
Geert Bekaert and Alexander Popov #18556 (EFG) - Growth versus Margin and Castles in the Air: Evidence from Industry IPO Waves
Zhi Da, Ravi Jagannathan, and Jianfeng Shen #18555 (AP) - Empirical Cross-Sectional Asset Pricing
Stefan Nagel #18554 (AP) - How Important Are Perpetual Tax Savings?
James R. Hines Jr. #18553 (PE) - The Effect of Pharmaceutical Innovation on Longevity: Patient-Level Evidence from the 1996-2002 Medical Expenditure Panel Survey and Linked Mortality Public-Use Files
Frank R. Lichtenberg #18552 (AG HC PR) - Information and College Access: Evidence from a Randomized Field Experiment
Philip Oreopoulos and Ryan Dunn #18551 (CH ED LS)
Week of November 19, 2012
- Missallocation and Financial Frictions: Some Direct Evidence From the Dispersion in Borrowing Costs
Simon Gilchrist, Jae W. Sim, and Egon Zakrajšek #18550 (EFG) - Repo and Securities Lending
Tobias Adrian, Brian Begalle, Adam Copeland, and Antoine Martin #18549 (AP CF) - Speculative Betas
Harrison Hong and David Sraer #18548 (AP CF) - Quiet Bubbles
Harrison Hong and David Sraer #18547 (AP CF) - On the Spatial Economic Impact of Global Warming
Klaus Desmet and Esteban Rossi-Hansberg #18546 (EEE EFG ITI) - Fiscal Rules and Discretion under Persistent Shocks
Marina Halac and Pierre Yared #18545 (EFG POL) - The Making Of A Great Contraction With A Liquidity Trap and A Jobless Recovery
Stephanie Schmitt-Grohé and Martin Uríbe #18544 (EFG ME) - You Owe Me
Ulrike Malmendier and Klaus Schmidt #18543 (HC HE LS) - Mismeasurement of Pensions Before and After Retirement: The Mystery of the Disappearing Pensions with Implications for the Importance of Social Security as a Source of Retirement Support
Alan L. Gustman, Thomas L. Steinmeier, and Nahid Tabatabai #18542 (AG LS PE) - Free Lunch! Arbitrage Opportunities in the Foreign Exchange Markets
Takatoshi Ito, Kenta Yamada, Misako Takayasu, and Hideki Takayasu #18541 (AP IFM) - Dynamic Programming with Hermite Approximation
Yongyang Cai and Kenneth L. Judd #18540 (TWP) - The Political Economy of Government Revenues in Post-Conflict Resource-Rich Africa: Liberia and Sierra Leone
Victor A.B. Davies and Sylvain Dessy #18539 (POL) - Microfinance, Poverty and Education
Britta Augsburg, Ralph De Haas, Heike Harmgart, and Costas Meghir #18538 (DEV ED LS) - Vulnerable Banks
Robin Greenwood, Augustin Landier, and David Thesmar #18537 (CF) - Monetary Rules for Commodity Traders
Luis Catão and Roberto Chang #18536 (IFM) - Long Run Impacts of Childhood Access to the Safety Net
Hilary W. Hoynes, Diane Whitmore Schanzenbach, and Douglas Almond #18535 (CH DAE ED HC HE LS PE) - The Spatial Diffusion of Technology
Diego A. Comin, Mikhail Dmitriev, and Esteban Rossi-Hansberg #18534 (DAE DEV EFG ITI PR)
Week of November 12, 2012
- Do Consumers Respond to Marginal or Average Price? Evidence from Nonlinear Electricity Pricing
Koichiro Ito #18533 (EEE) - Scale Effects and Productivity Across Countries: Does Country Size Matter?
Natalia Ramondo, Andrés RodrÃguez-Clare, and Milagro SaborÃo-RodrÃguez #18532 (EFG ITI) - Systemic Risks in Global Banking: What Available Data can tell us and What More Data are Needed?
Eugenio Cerutti, Stijn Claessens, and Patrick McGuire #18531 (IFM) - Higher Education, Merit-Based Scholarships and Post-Baccalaureate Migration
Maria D. Fitzpatrick and Damon Jones #18530 (ED PE) - Health Insurance Reform: The Impact of a Medicare Buy-In
Gary D. Hansen, Minchung Hsu, and Junsang Lee #18529 (EFG HE PE) - Dollar Funding and the Lending Behavior of Global Banks
Victoria Ivashina, David S. Scharfstein, and Jeremy C. Stein #18528 (CF) - Macroeconomic Adjustment and the History of Crises in Open Economies
Joshua Aizenman and Ilan Noy #18527 (IFM) - Capital Controls: Gates versus Walls
Michael W. Klein #18526 (IFM) - Donating the Voucher: An Alternative Tax Treatment of Private School Enrollment
Andrew A. Samwick #18525 (ED PE) - Highway to Success: The Impact of the Golden Quadrilateral Project for the Location and Performance of Indian Manufacturing
Ejaz Ghani, Arti Grover Goswami, and William R. Kerr #18524 (PE PR) - Affirmative Action and University Fit: Evidence from Proposition 209
Peter Arcidiacono, Esteban Aucejo, Patrick Coate, and V. Joseph Hotz #18523 (ED) - Workplace Heterogeneity and the Rise of West German Wage Inequality
David Card, Jörg Heining, and Patrick Kline #18522 (EFG ITI LS PE PR) - Optimal Labor Income Taxation
Thomas Piketty and Emmanuel Saez #18521 (PE) - The U.S. Employment-Population Reversal in the 2000s: Facts and Explanations
Robert A. Moffitt #18520 (EFG LS PE) - Games and Resources
Bård Harstad and Matti Liski #18519 (EEE PE POL) - Does Mandatory Diversion to Drug Treatment Eliminate Racial Disparities in the Incarceration of Drug Offenders? An Examination of California’s Proposition 36
Nancy Nicosia, John M. MacDonald, and Rosalie Liccardo Pacula #18518 (HE LE) - Pension Costs and Retirement Decisions in Plans that Combine DB and DC Elements: Evidence from Oregon
John Chalmers, Woodrow T. Johnson, and Jonathan Reuter #18517 (AG PE) - Carbon Markets: Past, Present, and Future
Richard G. Newell, William A. Pizer, and Daniel Raimi #18504 (EEE)
Week of November 5, 2012
- Wrongful Discharge Laws and Innovation
Viral V. Acharya, Ramin P. Baghai, and Krishnamurthy V. Subramanian #18516 (CF LE) - Immigration and the Distribution of Incomes
Francine D. Blau and Lawrence M. Kahn #18515 (LS) - The Hated Property Tax: Salience, Tax Rates, and Tax Revolts
Marika Cabral and Caroline Hoxby #18514 (ED PE POL) - Information Acquisition in Rumor Based Bank Runs
Zhiguo He and Asaf Manela #18513 (CF ME) - Ethnic Inequality
Alberto F. Alesina, Stelios Michalopoulos, and Elias Papaioannou #18512 (DEV EFG POL) - Do Women Avoid Salary Negotiations? Evidence from a Large Scale Natural Field Experiment
Andreas Leibbrandt and John A. List #18511 (LS) - LEADS on Macroeconomic Risks to and from the Household Sector
Jonathan A. Parker #18510 (AP EFG ME) - Trust and Cheating
Jeffrey V. Butler, Paola Giuliano, and Luigi Guiso #18509 (POL) - Estimates of the Trade and Welfare Effects of NAFTA
Lorenzo Caliendo and Fernando Parro #18508 (ITI) - Understanding the Long-Run Decline in Interstate Migration
Greg Kaplan and Sam Schulhofer-Wohl #18507 (EFG LS) - The Role of Technological Change in Green Growth
David Popp #18506 (EEE PR) - Challenges in Identifying and Measuring Systemic Risk
Lars Peter Hansen #18505 (CF) - Trade Policy and Wage Inequality: A Structural Analysis with Occupational and Sectoral Mobility
Erhan Artuç and John McLaren #18503 (ITI) - Retirement Pay and Officer Retention
Jeffrey S. Smith and James E. West #18502 (LS) - Merging Simulation and Projection Approaches to Solve High-Dimensional Problems
Kenneth L. Judd, Lilia Maliar, and Serguei Maliar #18501 (EFG PE TWP) - Did the New Deal Solidify the 1932 Democratic Realignment?
Shawn Kantor, Price V. Fishback, and John Joseph Wallis #18500 (DAE POL)
Week of October 30, 2012
- Retractions
Pierre Azoulay, Jeffrey L. Furman, Joshua L. Krieger, and Fiona E. Murray #18499 (PR) - Value-Added Exchange Rates
Rudolfs Bems and Robert C. Johnson #18498 (IFM ITI) - Tax Multipliers: Pitfalls in Measurement and Identification
Daniel Riera-Crichton, Carlos A. Vegh, and Guillermo Vuletin #18497 (IFM) - Rare Disasters, Tail-Hedged Investments, and Risk-Adjusted Discount Rates
Martin L. Weitzman #18496 (EEE) - A Theory of the Firm based on Partner Displacement
Thomas F. Hellmann and Veikko Thiele #18495 (IO PR) - Words in Patents: Research Inputs and the Value of Innovativeness in Invention
Mikko Packalen and Jay Bhattacharya #18494 (HC HE PR) - Early and Late Human Capital Investments, Borrowing Constraints, and the Family
Elizabeth M. Caucutt and Lance Lochner #18493 (CH ED EFG LS PE) - The Short-Run and Long-Run Effects of Behavioral Interventions: Experimental Evidence from Energy Conservation
Hunt Allcott and Todd Rogers #18492 (EEE) - Linking Benefits to Investment Performance in US Public Pension Systems
Robert Novy-Marx and Joshua D. Rauh #18491 (AG AP PE) - The African Growth Miracle
Alwyn Young #18490 (EFG) - The Revenue Demands of Public Employee Pension Promises
Robert Novy-Marx and Joshua D. Rauh #18489 (AG PE) - Defined Benefit Pension Plan Distribution Decisions by Public Sector Employees
Robert L. Clark, Melinda S. Morrill, and David Vanderweide #18488 (AG LS PE)
Week of October 22, 2012
- School Segregation, Educational Attainment and Crime: Evidence from the end of busing in Charlotte-Mecklenburg
Stephen B. Billings, David J. Deming, and Jonah E. Rockoff #18487 (CH DAE ED) - Understanding and Improving the Social Context of Well-Being
John F. Helliwell #18486 (DEV PE) - Parental Investments in College and Later Cash Transfers
Steven J. Haider and Kathleen M. McGarry #18485 (AG CH ED LS PE) - The Effect of Schooling on Cognitive Skills
Magnus Carlsson, Gordon B. Dahl, and Dan-Olof Rooth #18484 (CH ED LS PE) - Long Horizon Uncovered Interest Parity Re-Assessed
Menzie D. Chinn and Saad Quayyum #18482 (IFM) - Cost Effectiveness Analysis and the Design of Cost-Sharing in Insurance: Solving a Puzzle
Mark Pauly #18481 (HC HE) - The Labor Market Consequences of Financial Crises With or Without Inflation: Jobless and Wageless Recoveries
Guillermo A. Calvo, Fabrizio Coricelli, and Pablo Ottonello #18480 (IFM) - Reform of Ill-health Retirement Benefits for Police in England and Wales: The roles of National Policy and Local Finance
Rowena Crawford and Richard Disney #18479 (PE) - Robust Standard Errors in Small Samples: Some Practical Advice
Guido W. Imbens and Michal Kolesar #18478 (LS PE TWP) - Do Schooling Laws Matter? Evidence from the Introduction of Compulsory Attendance Laws in the United States
Karen Clay, Jeff Lingwall, and Melvin Stephens, Jr. #18477 (DAE LS) - Financial Constraints on Corporate Goodness
Harrison Hong, Jeffrey D. Kubik, and Jose A. Scheinkman #18476 (CF) - Popularity
Gabriella Conti, Andrea Galeotti, Gerrit Mueller, and Stephen Pudney #18475 (AG CH ED LS) - Diasporas and Outsourcing: Evidence from oDesk and India
Ejaz Ghani, William R. Kerr, and Christopher T. Stanton #18474 (DEV LS PR) - Non-linear Effects of Taxation on Growth
Nir Jaimovich and Sergio Rebelo #18473 (EFG) - Investment, Accounting, and the Salience of the Corporate Income Tax
Jesse Edgerton #18472 (CF PE) - A Game Theoretic Foundation of Competitive Equilibria with Adverse Selection
Nick Netzer and Florian Scheuer #18471 (EFG IO PE) - Germs, Social Networks and Growth
Alessandra Fogli and Laura Veldkamp #18470 (DEV EFG) - Is Psychological Well-being Linked to the Consumption of Fruit and Vegetables?
David G. Blanchflower, Andrew J. Oswald, and Sarah Stewart-Brown #18469 (HE LS) - Behavioral Hazard in Health Insurance
Katherine Baicker, Sendhil Mullainathan, and Joshua Schwartzstein #18468 (HC HE PE) - Prior Selection for Vector Autoregressions
Domenico Giannone, Michele Lenza, and Giorgio E. Primiceri #18467 (EFG ME TWP) - The "Big C": Identifying Contagion
Kristin Forbes #18465 (CF IFM ITI) - The Gender Gap in Mathematics: Evidence from Low- and Middle-Income Countries
Prashant Bharadwaj, Giacomo De Giorgi, David Hansen, and Christopher Neilson #18464 (CH DEV ED LS) - Agricultural Decisions after Relaxing Credit and Risk Constraints
Dean Karlan, Robert Darko Osei, Isaac Osei-Akoto, and Christopher Udry #18463 (CF LS DEV)
Week of October 15, 2012
- Spatial and Temporal Heterogeneity of Marginal Emissions: Implications for Electric Cars and Other Electricity-Shifting Policies
Joshua S. Graff Zivin, Matthew Kotchen, and Erin T. Mansur #18462 (EEE) - Health, Human Capital Formation and Knowledge Production: Two Centuries of International Evidence
Jakob Madsen #18461 (HE) - Trust, Values and False Consensus
Jeffrey Butler, Paola Giuliano, and Luigi Guiso #18460 (POL) - Mobilizing Social Capital Through Employee Spinoffs
Marc-Andreas Muendler and James E. Rauch #18459 (PR) - Punishment and Cooperation in Stochastic Social Dilemmas
Erte Xiao and Howard Kunreuther #18458 (TWP) - Improving the Targeting of Treatment: Evidence from College Remediation
Judith Scott-Clayton, Peter M. Crosta, and Clive R. Belfield #18457 (ED) - Energy-Saving Technical Change
John Hassler, Per Krusell, and Conny Olovsson #18456 (EEE EFG) - Who Ran on Repo?
Gary B. Gorton and Andrew Metrick #18455 (AP CF ME) - Financial Reforms and Capital Flows: Insights from General Equilibrium
Alberto Martin and Jaume Ventura #18454 (IFM) - Carrots that Look Like Sticks: Toward an Understanding of Multitasking Incentive Schemes
Omar Al-Ubaydli, Steffen Andersen, Uri Gneezy, and John A. List #18453 (LS) - Do prices reveal the presence of informed trading?
Pierre Collin-Dufresne and Vyacheslav Fos #18452 (AP CF LE) - Insider Trading, Stochastic Liquidity and Equilibrium Prices
Pierre Collin-Dufresne and Vyacheslav Fos #18451 (AP CF EFG) - Endogenous Dividend Dynamics and the Term Structure of Dividend Strips
Frederico Belo, Pierre Collin-Dufresne, and Robert S. Goldstein #18450 (AP CF EFG) - Estimation of Dynamic Discrete Choice Models in Continuous Time
Peter Arcidiacono, Patrick Bayer, Jason R. Blevins, and Paul B. Ellickson #18449 (IO TWP) - Public Plans and Short-Term Employees
Alicia Munnell, Jean-Pierre Aubry, Joshua Hurwitz, and Laura Quinby #18448 (LS PE) - The Geography of the Great Recession
Enoch Hill, Alessandra Fogli, and Fabrizio Perri #18447 (EFG) - Dynamic Aspects of Family Transfers
Kathleen McGarry #18446 (AG LS PE) - Can’t We All Be More Like Scandinavians? Asymmetric Growth and Institutions in an Interdependent World
Daron Acemoglu, James A. Robinson, and Thierry Verdier #18441 (IFM ITI POL) - Under-Savers Anonymous: Evidence on Self-Help Groups and Peer Pressure as a Savings Commitment Device
Felipe Kast, Stephan Meier, and Dina Pomeranz #18417 (DEV)
Week of October 8, 2012
- Consumption Inequality and Family Labor Supply
Richard Blundell, Luigi Pistaferri, and Itay Saporta-Eksten #18445 (LS ME) - The Problem of the Uninsured
Isaac Ehrlich and Yong Yin #18444 (HE) - Cross Country Fairness Considerations and Country Implications of Alternative Approaches to a Global Emission Reduction Regime
Huifang Tian, Xiaojun Shi , and John Whalley #18443 (EEE) - The Impact of Tax Incentives on the Economic Activity of Entrepreneurs
Jarkko Harju and Tuomas Kosonen #18442 (PE) - The Effect of Tax Rates and Tax Bases on Corporate Tax Revenues: Estimates with New Measures of the Corporate Tax Base
Laura Kawano and Joel Slemrod #18440 (PE) - Incentive Strength and Teacher Productivity: Evidence from a Group-Based Teacher Incentive Pay System
Scott A. Imberman and Michael F. Lovenheim #18439 (CH ED LS PE) - Trade and Geography in the Origins and Spread of Islam
Stelios Michalopoulos, Alireza Naghavi, and Giovanni Prarolo #18438 (DEV EFG POL) - The White/Black Educational Gap, Stalled Progress, and the Long Term Consequences of the Emergence of Crack Cocaine Markets
William N. Evans, Craig Garthwaite, and Timothy J. Moore #18437 (ED LS PE) - The Impact of Time Between Cognitive Tasks on Performance: Evidence from Advanced Placement Exams
Ian Fillmore and Devin G. Pope #18436 (ED LS) - Digesting Anomalies: An Investment Approach
Kewei Hou, Chen Xue, and Lu Zhang #18435 (AP CF EFG) - Structural and Cyclical Forces in the Labor Market During the Great Recession: Cross-Country Evidence
Luca Sala, Ulf Söderström, and Antonella Trigari #18434 (ME) - Social Insurance: Connecting Theory to Data
Raj Chetty and Amy Finkelstein #18433 (HC LS PE) - Housing Dynamics over the Business Cycle
Finn E. Kydland, Peter Rupert, and Roman Sustek #18432 (EFG ME) - Financial Intermediation, Exchange Rates, and Unconventional Policy in an Open Economy
Luis Felipe Céspedes, Roberto Chang, and Andrés Velasco #18431 (EFG IFM ME) - Cost-Sharing and Productivity
Teresa B. Gibson, A. Mark Fendrick, and Michael E. Chernew #18402 (HE)
Week of October 1, 2012
- The Production of Human Capital: Endowments, Investments and Fertility
Anna Aizer and Flávio Cunha #18429 (CH ED LS PE) - Non-Core Bank Liabilities and Financial Vulnerability
Joon-Ho Hahm, Hyun Song Shin, and Kwanho Shin #18428 (CF IFM) - The Effects of Reconstruction Finance Corporation Assistance on Michigan’s Banks’ Survival in the 1930s
Charles W. Calomiris, Joseph R. Mason, Marc Weidenmier, and Katherine Bobroff #18427 (CF DAE ME) - Recent Marginal Labor Income Tax Rate Changes by Skill and Marital Status
Casey B. Mulligan #18426 (LS PE) - How Is Power Shared In Africa?
Patrick Francois, Ilia Rainer, and Francesco Trebbi #18425 (POL DEV) - New Tools for the Analysis of Political Power in Africa
Ilia Rainer and Francesco Trebbi #18424 (POL DEV) - The design of fiscal adjustments
Alberto F. Alesina and Silvia Ardagna #18423 (POL) - Maternal Stress and Child Outcomes: Evidence from Siblings
Anna Aizer, Laura Stroud, and Stephen Buka #18422 (CH ED HE LS PE) - Qualitative Easing: How it Works and Why it Matters
Roger E.A. Farmer #18421 (EFG) - Uncertainty Shocks in a Model of Eff.ective Demand
Susanto Basu and Brent Bundick #18420 (EFG ME) - Teacher Quality Policy When Supply Matters
Jesse Rothstein #18419 (CH ED LS) - A Fundamental Enforcement Cost Advantage of the Negligence Rule over Regulation
Steven Shavell #18418 (LE)
Week of September 24, 2012
- Does Agriculture Generate Local Economic Spillovers? Short-run and Long-run Evidence from the Ogallala Aquifer
Richard Hornbeck and Pinar Keskin #18416 (DAE EEE EFG) - Corporate Taxes and Internal Borrowing within Multinational Firms
Peter Egger, Christian Keuschnigg, Valeria Merlo, and Georg Wamser #18415 (ITI PE) - Cherries for Sale: Export Networks and the Incidence of Cross-Border M&A
Bruce A. Blonigen, Lionel Fontagné, Nicholas Sly, and Farid Toubal #18414 (ITI) - Sentiments and Aggregate Demand Fluctuations
Jess Benhabib, Pengfei Wang, and Yi Wen #18413 (EFG) - Financial Literacy, Financial Education and Economic Outcomes
Justine S. Hastings, Brigitte C. Madrian, and William L. Skimmyhorn #18412 (AG ED LS PE) - An Intertemporal CAPM with Stochastic Volatility
John Y. Campbell, Stefano Giglio, Christopher Polk, and Robert Turley #18411 (AP) - The Most Egalitarian of All Professions: Pharmacy and the Evolution of a Family-Friendly Occupation
Claudia Goldin and Lawrence F. Katz #18410 (DAE LS) - The Macroeconomic Effects of Interest on Reserves
Peter N. Ireland #18409 (ME) - Endogenous Liquidity and Defaultable Bonds
Zhiguo He and Konstantin Milbradt #18408 (AP CF EFG) - Projecting the Effect of Changes in Smoking and Obesity on Future Life Expectancy in the United States
Samuel H. Preston, Andrew Stokes, Neil K. Mehta, and Bochen Cao #18407 (HC) - Adverse Selection In Credit Markets and Regressive Profit Taxation
Florian Scheuer #18406 (AP EFG LS PE PR) - The Role Of Intangible Capital in the Transformation and Growth of the Chinese Economy
Charles R. Hulten and Janet X. Hao #18405 (PR) - Capital Account Policies and the Real Exchange Rate
Olivier Jeanne #18404 (IFM) - Land and House Price Measurement in China
Yongheng Deng, Joseph Gyourko, and Jing Wu #18403 (PE) - Learning Through Noticing: Theory and Experimental Evidence in Farming
Rema Hanna, Sendhil Mullainathan, and Joshua Schwartzstein #18401 (DEV LS PR) - What Have They Been Thinking? Home Buyer Behavior in Hot and Cold Markets
Karl E. Case, Robert J. Shiller, and Anne Thompson #18400 (AP EFG)
Week of September 17, 2012
- Estimating Dynamic Equilibrium Models with Stochastic Volatility
Jesus Fernandez-Villaverde, Pablo A. Guerrón-Quintana, and Juan Rubio-Ramírez #18399 (EFG) - Bubbles, Financial Crises, and Systemic Risk
Markus K. Brunnermeier and Martin Oehmke #18398 (AP CF ME) - Some Reflections on the Recent Financial Crisis
Gary B. Gorton #18397 (AP CF EFG ME) - American Incomes 1774-1860
Peter H. Lindert and Jeffrey G. Williamson #18396 (DAE) - Executive Compensation and Corporate Governance in the U.S.: Perceptions, Facts and Challenges
Steven N. Kaplan #18395 (CF) - How Do Regulators Influence Mortgage Risk: Evidence from an Emerging Market
John Y. Campbell, Tarun Ramadorai, and Benjamin Ranish #18394 (AP CF) - The Joint Identification of Utility and Discount Functions From Stated Choice Data: An Application to Durable Goods Adoption
Jean-Pierre H. Dube, Günter J. Hitsch, and Pranav Jindal #18393 (IO) - The Effects of Environmental Regulation on the Competitiveness of U.S. Manufacturing
Michael Greenstone, John A. List, and Chad Syverson #18392 (EEE IO PR) - Comparing Predictive Accuracy, Twenty Years Later: A Personal Perspective on the Use and Abuse of Diebold-Mariano Tests
Francis X. Diebold #18391 (AP EFG IFM TWP) - Shale Gas Development and Property Values: Differences across Drinking Water Sources
Lucija Muehlenbachs, Elisheba Spiller, and Christopher Timmins #18390 (EEE) - The Supply of and Demand for Charitable Donations to Higher Education
Jeffrey R. Brown, Stephen G. Dimmock, and Scott Weisbenner #18389 (ED LS PE) - The New Deal and the Origins of the Modern American Real Estate Loan Contract
Jonathan Rose and Kenneth A. Snowden #18388 (DAE) - Duration Dependence and Labor Market Conditions: Theory and Evidence from a Field Experiment
Kory Kroft, Fabian Lange, and Matthew J. Notowidigdo #18387 (LS) - The United States Labor Market: Status Quo or A New Normal?
Edward P. Lazear and James R. Spletzer #18386 (LS PE) - Public Procurement and the Private Supply of Green Buildings
Timothy Simcoe and Michael W. Toffel #18385 (PR) - A Cautionary Note on Using Industry Affiliation to Predict Income
Jörn-Steffen Pischke and Hannes Schwandt #18384 (HC LS) - Russian Inequality on the Eve of Revolution
Steven Nafziger and Peter H. Lindert #18383 (DAE LS PE) - Factor Model Forecasts of Exchange Rates
Charles Engel, Nelson C. Mark, and Kenneth D. West #18382 (AP IFM ME) - Fiscal Multipliers: Liquidity Traps and Currency Unions
Emmanuel Farhi and Iván Werning #18381 (EFG IFM ME) - On the Solvency of Nations: Cross-Country Evidence on the Dynamics of External Adjustment
C. Bora Durdu, Enrique G. Mendoza, and Marco E. Terrones #18380 (IFM) - An Anatomy of Credit Booms and their Demise
Enrique G. Mendoza and Marco E. Terrones #18379 (IFM) - State vs Consumer Regulation: An Evaluation of Two Road Safety Interventions in Kenya
James Habyarimana and William Jack #18378 (HE) - Fragile Debt and the Credible Sharing of Strategic Uncertainty
Russell Cooper #18377 (EFG) - A Study of the Extent and Potential Causes of Alternative Employment Arrangements
Peter Cappelli and JR Keller #18376 (IO LS) - Predation, Economic Activity and Violence: Evidence from the Philippines
Eli Berman, Joseph Felter, Ethan Kapstein, and Erin Troland #18375 (PE POL) - Beyond Happiness and Satisfaction: Toward Well-Being Indices Based on Stated Preference
Daniel J. Benjamin, Ori Heffetz, Miles S. Kimball, and Nichole Szembrot #18374 (AG PE) - External Validity and Partner Selection Bias
Hunt Allcott and Sendhil Mullainathan #18373 (EEE LS)
Week of September 10, 2012
- Capital Mobility and International Sharing of Cyclical Risk
Julien Bengui, Enrique G. Mendoza, and Vincenzo Quadrini #18372 (IFM) - Early-Life Health and Adult Circumstance in Developing Countries
Janet Currie and Tom Vogl #18371 (AG CH HC HE LS) - The Cyclical Response of Advertising Refutes Counter-Cyclical Profit Margins in Favor of Product-Market Frictions
Robert E. Hall #18370 (EFG LS ME) - Expanding School Resources and Increasing Time on Task: Effects of a Policy Experiment in Israel on Student Academic Achievement and Behavior
Victor Lavy #18369 (ED LS) - Healing the Wounds: Learning from Sierra Leone's Post-war Institutional Reforms
Katherine Casey, Rachel Glennerster, and Edward Miguel #18368 (POL) - Systematic Risk, Debt Maturity, and the Term Structure of Credit Spreads
Hui Chen, Yu Xu, and Jun Yang #18367 (AP CF) - Home Production, Labor Wedges, and International Real Business Cycles
Loukas Karabarbounis #18366 (EFG IFM) - Continuous-Time Methods for Integrated Assessment Models
Yongyang Cai, Kenneth L. Judd, and Thomas S. Lontzek #18365 (EEE TWP) - Explaining Preferences for Control Rights in Strategic Alliances: A Property Rights and Capabilities Perspective Approach
Carolin Haeussler and Matthew J. Higgins #18364 (LE PR) - Sovereign Debt in Latin America, 1820–1913
Gerardo della Paolera and Alan M. Taylor #18363 (DAE IFM) - Global House Price Fluctuations: Synchronization and Determinants
Hideaki Hirata, M. Ayhan Kose, Christopher Otrok, and Marco E. Terrones #18362 (EFG IFM ME) - Recessions, Older Workers, and Longevity: How Long Are Recessions Good For Your Health?
Courtney C. Coile, Phillip B. Levine, and Robin McKnight #18361 (AG HC HE LS) - The Asymmetric Effects of Financial Frictions
Guillermo Ordoñez #18360 (EFG ME) - Consumer Inertia and Firm Pricing in the Medicare Part D Prescription Drug Insurance Exchange
Keith M. Marzilli Ericson #18359 (AG HC PE) - Valuation, Adverse Selection, and Market Collapses
Michael J. Fishman and Jonathan A. Parker #18358 (AP CF EFG ME) - A Long-Run Risks Explanation of Predictability Puzzles in Bond and Currency Markets
Ravi Bansal and Ivan Shaliastovich #18357 (AP IFM ME) - Syndicated Loan Spreads and the Composition of the Syndicate
Jongha Lim, Bernadette A. Minton, and Michael Weisbach #18356 (CF) - Elections and the Quality of Public Officials: Evidence from U.S. State Courts
Claire S.H. Lim and James M. Snyder, Jr. #18355 (LE POL) - A Theory of Political and Economic Cycles
Laurence Ales, Pricila Maziero, and Pierre Yared #18354 (EFG POL) - Foreclosure externalities: Some new evidence
Kristopher Gerardi, Eric Rosenblatt, Paul S. Willen, and Vincent Yao #18353 (EFG) - A Tale of Politically-Failing Single-Currency Area
Assaf Razin and Steven Rosefielde #18352 (IFM)
Week of September 3, 2012
- Network Structure and the Aggregation of Information: Theory and Evidence from Indonesia
Vivi Alatas, Abhijit Banerjee, Arun G. Chandrasekhar, Rema Hanna, and Benjamin A. Olken #18351 (PE POL) - From Empty Pews to Empty Cradles: Fertility Decline Among European Catholics
Eli Berman, Laurence R. Iannaccone, and Giuseppe Ragusa #18350 (CH LS PE) - Does the Effect of Pollution on Infant Mortality Differ Between Developing and Developed Countries? Evidence from Mexico City
Eva O. Arceo-Gomez, Rema Hanna, and Paulina Oliva #18349 (EEE HE) - Refining Linear Rational Expectations Models and Equilibria
Seonghoon Cho and Bennett T. McCallum #18348 (EFG ME) - Wages and Informality in Developing Countries
Costas Meghir, Renata Narita, and Jean-Marc Robin #18347 (LS) - R&D and the Incentives from Merger and Acquisition Activity
Gordon M. Phillips and Alexei Zhdanov #18346 (CF IO) - Which Financial Frictions? Parsing the Evidence from the Financial Crisis of 2007-9
Tobias Adrian, Paolo Colla, and Hyun Song Shin #18335 (CF ME) - Mussa Redux and Conditional PPP
Paul R. Bergin, Reuven Glick, and Jyh-Lin Wu #18331 (IFM) - Policy Intervention in Debt Renegotiation: Evidence from the Home Affordable Modification Program
Sumit Agarwal, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, Tomasz Piskorski, and Amit Seru #18311 (CF EFG PE) - A New Look at Second Liens
Donghoon Lee, Christopher J. Mayer, and Joseph Tracy #18269 (PE)
Week of August 27, 2012
- Temperature, Human Health, and Adaptation: A Review of the Empirical Literature
Olivier Deschenes #18345 (EEE) - Knowledge is (Less) Power: Experimental Evidence from Residential Energy Use
Katrina Jessoe and David Rapson #18344 (EEE) - The Labor Market Returns to a For-Profit College Education
Stephanie Riegg Cellini and Latika Chaudhary #18343 (ED LS) - The Distributional Effects of the Social Security Windfall Elimination Provision
Jeffrey R. Brown and Scott Weisbenner #18342 (AG PE) - The Impact of Physical Education on Obesity among Elementary School Children
John Cawley, David Frisvold, and Chad Meyerhoefer #18341 (CH ED HE LE PE) - Promotional Reviews: An Empirical Investigation of Online Review Manipulation
Dina Mayzlin, Yaniv Dover, and Judith A. Chevalier #18340 (IO PR) - Mortgage Market Design
John Y. Campbell #18339 (AP CF ME) - Back to the Future? Abortion Before & After Roe
Theodore J. Joyce, Ruoding Tan, and Yuxiu Zhang #18338 (HE) - Sources of Comparative Advantage in Polluting Industries
Fernando Broner, Paula Bustos, and Vasco M. Carvalho #18337 (EEE ITI) - The Output Effect of Fiscal Consolidations
Alberto Alesina, Carlo Favero, and Francesco Giavazzi #18336 (IFM ME) - The Trend is the Cycle: Job Polarization and Jobless Recoveries
Nir Jaimovich and Henry E. Siu #18334 (EFG LS) - Entrepreneurship and Urban Growth: An Empirical Assessment with Historical Mines
Edward L. Glaeser, Sari Pekkala Kerr, and William R. Kerr #18333 (DAE EFG LS PR) - Equalizing Outcomes vs. Equalizing Opportunities: Optimal Taxation when Children's Abilities Depend on Parents' Resources
Alexander M. Gelber and Matthew C. Weinzierl #18332 (CH PE) - Mussa Redux and Conditional PPP
Paul R. Bergin, Reuven Glick, and Jyh-Lin Wu #18331 (IFM)
Week of August 20, 2012
- Debt- and Equity-Led Capital Flow Episodes
Kristin J. Forbes and Francis E. Warnock #18329 (IFM) - Development, Discouragement, or Diversion? New Evidence on the Effects of College Remediation
Judith Scott-Clayton and Olga Rodriguez #18328 (ED) - Lead Policy and Academic Performance: Insights from Massachusetts
Jessica Wolpaw Reyes #18327 (AG CH ED EEE HE) - Do Higher Tobacco Taxes Reduce Adult Smoking? New Evidence of the Effect of Recent Cigarette Tax Increases on Adult Smoking
Kevin Callison and Robert Kaestner #18326 (HE) - Hoping to Win, Expected to Lose: Theory and Lessons on Micro Enterprise Development
Dean Karlan, Ryan Knight, and Christopher Udry #18325 (CF LE LS) - The Effect of School Choice on Intrinsic Motivation and Academic Outcomes
Justine S. Hastings, Christopher A. Neilson, and Seth D. Zimmerman #18324 (CH ED) - A Continuity Refinement for Rational Expectations Solutions
Bennett T. McCallum #18323 (EFG ME TWP) - The Effect of Income and Immigration Policies on International Migration
Francesc Ortega and Giovanni Peri #18322 (ITI LS) - The Cost of Financial Frictions for Life Insurers
Ralph S.J. Koijen and Motohiro Yogo #18321 (AP CF EFG IO ME PE) - Race and the Politics of Close Elections
Tom Vogl #18320 (LS POL) - Marriage Institutions and Sibling Competition: Evidence from South Asia
Tom Vogl #18319 (CH LS) - Height, Skills, and Labor Market Outcomes in Mexico
Tom Vogl #18318 (CH HE LS) - The Value of Bosses
Edward P. Lazear, Kathryn L. Shaw, and Christopher T. Stanton #18317 (LS) - Do Patent Pools Encourage Innovation? Evidence from 20 U.S. Industries under the New Deal
Ryan L. Lampe and Petra Moser #18316 (DAE IO PR) - Is U.S. Economic Growth Over? Faltering Innovation Confronts the Six Headwinds
Robert J. Gordon #18315 (DAE EFG PR) - International Prices and Endogenous Quality
Robert C. Feenstra and John Romalis #18314 (ITI) - The Need for Enemies
Leopoldo Fergusson, James A. Robinson, Ragnar Torvik, and Juan F. Vargas #18313 (POL) - Channels of Influence
Lauren Cohen, Umit G. Gurun, and Christopher J. Malloy #18312 (AP ITI) - Immigration and Production Technology
Ethan G. Lewis #18310 (LS PR) - Saving Teens: Using a Policy Discontinuity to Estimate the Effects of Medicaid Eligibility
Bruce D. Meyer and Laura R. Wherry #18309 (CH HC HE LS PE) - The Validity of Consumption Data: Are the Consumer Expenditure Interview and Diary Surveys Informative?
Adam Bee, Bruce D. Meyer, and James X. Sullivan #18308 (AG DAE EFG LS PE TWP) - Open Borders
John Kennan #18307 (EFG ITI LS) - The SO2 Allowance Trading System: The Ironic History of a Grand Policy Experiment
Richard Schmalensee and Robert Stavins #18306 (EEE PE POL) - Risks For the Long Run: Estimation with Time Aggregation
Ravi Bansal, Dana Kiku, and Amir Yaron #18305 (AP EFG ME) - An Empirical Analysis of the Fed's Term Auction Facility
Efraim Benmelech #18304 (AP CF EFG) - Banks, Sovereign Debt and the International Transmission of Business Cycles
Luca Guerrieri, Matteo Iacoviello, and Raoul Minetti #18303 (IFM) - Did the Americanization Movement Succeed? An Evaluation of the Effect of English-Only and Compulsory Schools Laws on Immigrants' Education
Adriana Lleras-Muney and Allison Shertzer #18302 (DAE ED) - The Choice of Discount Rate for Climate Change Policy Evaluation
Lawrence H. Goulder and Roberton C. Williams III #18301 (EEE PE) - Risk and Returns to Education
Jeffrey Brown, Chichun Fang, and Francisco Gomes #18300 (AP ED LS PE) - Removing Financial Barriers to Organ and Bone Marrow Donation: The Effect of Leave and Tax Legislation in the U.S.
Nicola Lacetera, Mario Macis, and Sarah S. Stith #18299 (HE LE LS) - Have the Poor Always Been Less Likely to Migrate? Evidence From Inheritance Practices During the Age of Mass Migration
Ran Abramitzky, Leah Platt Boustan, and Katherine Eriksson #18298 (DAE LS) - Private Equity and the Innovation Strategies of Entrepreneurial Firms: Empirical Evidence from the Small Business Innovation Research Program
Albert N. Link, Christopher J. Ruhm, and Donald S. Siegel #18297 (HC IO PE PR) - When the Levee Breaks: Black Migration and Economic Development in the American South
Richard Hornbeck and Suresh Naidu #18296 (DAE EFG) - Convergence and Modernization Revisited
Robert J. Barro #18295 (EFG ME PE) - The Impact of Right to Carry Laws and the NRC Report: The Latest Lessons for the Empirical Evaluation of Law and Policy
Abhay Aneja, John J. Donohue III, and Alexandria Zhang #18294 (LE) - Measuring Price Elasticities for Residential Water Demand with Limited Information
H. Allen Klaiber, V. Kerry Smith, Michael Kaminsky, and Aaron Strong #18293 (EEE) - Lens or Prism? Patent Citations as a Measure of Knowledge Flows from Public Research
Michael Roach and Wesley M. Cohen #18292 (PR)
Week of August 13, 2012
- Legislating Stock Prices
Lauren Cohen, Karl B. Diether, and Christopher Malloy #18291 ( AP LE POL) - The Great Leveraging
Alan M. Taylor #18290 ( DAE IFM ME) - The Financial Sector in Burundi
Janvier D. Nkurunziza, Léonce Ndikumana, and Prime Nyamoya #18289 ( IFM) - International Trade and Institutional Change: Medieval Venice's Response to Globalization
Diego Puga and Daniel Trefler #18288 ( ITI) - Defying Gravity: How Long Will Japanese Government Bond Prices Remain High?
Takeo Hoshi and Takatoshi Ito #18287 ( AG IFM ME PE) - The Price Theory of Money, Prospero's Liquidity Trap, and Sudden Stop: Back to Basics and Back
Guillermo A. Calvo #18285 ( IFM) - The Evolution of Endogenous Business Cycles
Roger E.A. Farmer #18284 ( EFG) - Over-optimistic Official Forecasts in the Eurozone and Fiscal Rules
Jeffrey A. Frankel and Jesse Schreger #18283 ( EFG PE) - Private Information and Insurance Rejections
Nathaniel Hendren #18282 ( AG HC HE IO PE) - The Trillion Dollar Conundrum: Complementarities and Health Information Technology
David Dranove, Christopher Forman, Avi Goldfarb, and Shane Greenstein #18281 ( IO PR) - Am I my Brother's Keeper? Sibling Spillover Effects: The Case of Developmental Disabilities and Externalizing Behavior
Jason Fletcher, Nicole L. Hair, and Barbara L. Wolfe #18279 ( CH HE) - Airports and Urban Growth: Evidence from a Quasi-Natural Policy Experiment
Bruce A. Blonigen and Anca D. Cristea #18278 ( EFG IO PE) - Heterogeneity in High Math Achievement Across Schools: Evidence from the American Mathematics Competitions
Glenn Ellison and Ashley Swanson #18277 ( ED)
Week of August 6, 2012
- Does it Matter if Your Health Insurer is For-Profit? Effects of Ownership on Premiums, Insurance Coverage, and Medical Spending
Leemore Dafny and Subramaniam Ramanarayanan #18286 (AG HC IO) - Fiscal Unions
Ivan Werning and Emmanuel Farhi #18280 (EFG IFM ME)
Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes
S. Boragan Aruoba, Morris A. Davis, and Randall Wright #18276 (EFG) - National Institutions and African Development: Evidence from Partitioned Ethnicities
Stelios Michalopoulos and Elias Papaioannou #18275 (EFG IFM POL) - Time to Ship During Financial Crises
Nicolas Berman, José De Sousa, Philippe Martin, and Thierry Mayer #18274 (IFM ITI) - The Cyclicality of Sales, Regular and Effective Prices: Business Cycle and Policy Implications
Olivier Coibion, Yuriy Gorodnichenko, and Gee Hee Hong #18273 (EFG ME) - New Multi-City Estimates of the Changes in Home Values, 1920-1940
Price V. Fishback and Trevor Kollmann #18272 (DAE) - What Was New About the New Deal?
Price V. Fishback and John Joseph Wallis #18271 (DAE) - Did Capital Requirements and Fair Value Accounting Spark Fire Sales in Distressed Mortgage-Backed Securities?
Craig B. Merrill, Taylor D. Nadauld, René M. Stulz, and Shane Sherlund #18270 (CF) - Letter Grading Government Efficiency
Alberto Chong, Rafael La Porta, Florencio Lopez-de-Silanes, and Andrei Shleifer #18268 (EFG LE POL) - Defensive Investments and the Demand for Air Quality: Evidence from the NOx Budget Program and Ozone Reductions
Olivier Deschenes, Michael Greenstone, and Joseph S. Shapiro #18267 (CH EEE HC HE LS PE) - Endogenous Skill Acquisition and Export Manufacturing in Mexico
David G. Atkin #18266 (ITI) - Mismatch Unemployment
Ayşegül Şahin, Joseph Song, Giorgio Topa, and Giovanni L. Violante #18265 (EFG LS)
Week of July 30, 2012
- Economic Effects of Runs on Early 'Shadow Banks': Trust Companies and the Impact of the Panic of 1907
Carola Frydman, Eric Hilt, and Lily Y. Zhou #18264 (CF DAE ME) - As Certain as Debt and Taxes: Estimating the Tax Sensitivity of Leverage from Exogenous State Tax Changes
Florian Heider and Alexander Ljungqvist #18263 (CF) - Risk and Return in Environmental Economics
Robert S. Pindyck #18262 (EEE) - Social Support Substitution and the Earnings Rebound: Evidence from a Regression Discontinuity in Disability Insurance Reform
Lex Borghans, Anne C. Gielen, and Erzo F.P. Luttmer #18261 (LS PE) - The Connection between Imported Intermediate Inputs and Exports: Evidence from Chinese Firms
Ling Feng, Zhiyuan Li, and Deborah L. Swenson #18260 (ITI) - The Anatomy of French Production Hierarchies
Lorenzo Caliendo, Ferdinando Monte, and Esteban Rossi-Hansberg #18259 (EFG ITI PR) - Estimating Second Order Probability Beliefs from Subjective Survival Data
Péter Hudomiet and Robert J. Willis #18258 (AG LS) - Cycles of Distrust: An Economic Model
Daron Acemoglu and Alexander Wolitzky #18257 (POL) - FX Counterparty Risk and Trading Activity in Currency Forward and Futures Markets
Richard M. Levich #18256 (IFM) - Does Seeing the Doctor More Often Keep You Out of the Hospital?
Robert Kaestner and Anthony T. Lo Sasso #18255 (HE) - The Role of Federal and State Dependent Coverage Eligibility Policies on the Health Insurance Status of Young Adults
Joel C. Cantor, Alan C. Monheit, Derek DeLia, and Kristen Lloyd #18254 (HC HE) - Estimating the Effects of Friendship Networks on Health Behaviors of Adolescents
Jason M. Fletcher and Stephen L. Ross #18253 (HE) - Log Odds and Ends
Edward C. Norton #18252 (HE) - Market Liquidity — Theory and Empirical Evidence
Dimitri Vayanos and Jiang Wang #18251 (AP) - Clusters, Convergence, and Economic Performance
Mercedes Delgado, Michael E. Porter, and Scott Stern #18250 (PR) - The Determinants of National Competitiveness
Mercedes Delgado, Christian Ketels, Michael E. Porter, and Scott Stern #18249 (PR)
Week of July 23, 2012
- Mental Accounting and Consumer Choice: Evidence from Commodity Price Shocks
Justine Hastings and Jesse M. Shapiro #18248 (IO) - Econometric Analysis of Present Value Models When the Discount Factor Is near One
Kenneth D. West #18247 (AP IFM TWP) - Carry-Along Trade
Andrew B. Bernard, Emily J. Blanchard, Ilke Van Beveren, and Hylke Y. Vandenbussche #18246 (ITI) - Really Uncertain Business Cycles
Nicholas Bloom, Max Floetotto, Nir Jaimovich, Itay Saporta-Eksten, and Stephen J. Terry #18245 (EFG ME PR) - Urban Public Finance
Edward L. Glaeser #18244 (PE) - Market Size, Division of Labor, and Firm Productivity
Thomas Chaney and Ralph Ossa #18243 (IO ITI) - Dividends as Reference Points: A Behavioral Signaling Approach
Malcolm Baker and Jeffrey Wurgler #18242 (CF) - Understanding Peer Effects in Financial Decisions: Evidence from a Field Experiment
Leonardo Bursztyn, Florian Ederer, Bruno Ferman, and Noam Yuchtman #18241 (AP CF LS) - Trade in Intermediate Inputs and Business Cycle Comovement
Robert C. Johnson #18240 (IFM ITI) - Testing for Racial Prejudice in the Parole Board Release Process: Theory and Evidence
Shamena Anwar and Hanming Fang #18239 (LE PE) - The Effect of an Increase in Autism Prevalence on the Demand for Auxiliary Healthcare Workers: Evidence from California
Dhaval M. Dave and Jose M. Fernandez #18238 (HC HE LS) - Enhancing the Efficacy of Teacher Incentives through Loss Aversion: A Field Experiment
Roland G. Fryer, Jr, Steven D. Levitt, John List, and Sally Sadoff #18237 (ED LS) - Back to the Future of Green Powered Economies
Juan Moreno Cruz and M. Scott Taylor #18236 (EEE) - Pharmaceutical Innovation and Longevity Growth in 30 Developing and High-income Countries, 2000-2009
Frank R. Lichtenberg #18235 (AG EFG HC PR) - Competition and Ideological Diversity: Historical Evidence from US Newspapers
Matthew Gentzkow, Jesse M. Shapiro, and Michael Sinkinson #18234 (DAE IO POL) - Are Recessions Good for Your Health Behaviors? Impacts of the Economic Crisis in Iceland
Tinna Laufey Ásgeirsdóttir, Hope Corman, Kelly Noonan, Þórhildur Ólafsdóttir, and Nancy E. Reichman #18233 (HE) - Using Differences in Knowledge Across Neighborhoods to Uncover the Impacts of the EITC on Earnings
Raj Chetty, John N. Friedman, and Emmanuel Saez #18232 (LS PE) - The Long of It: Odds that Investor Sentiment Spuriously Predicts Anomaly Returns
Robert F. Stambaugh, Jianfeng Yu, and Yu Yuan #18231 (AP) - The Effect of Trade and Migration on Income
Francesc Ortega and Giovanni Peri #18193 (EFG)
Week of July 16, 2012
- Tipping Points and Ambiguity in the Economics of Climate Change
Derek M. Lemoine and Christian P. Traeger #18230 (EEE PE) - Health and Work At Older Ages: Using Mortality To Assess Employment Capacity Across Countries
Kevin S. Milligan and David A. Wise #18229 (AG) - Redistributive Taxation in the Roy Model
Casey Rothschild and Florian Scheuer #18228 (EFG LS PE) - Overseas Deployment, Combat Exposure, and Well-Being in the 2010 National Survey of Veterans
Ryan D. Edwards #18227 (HE) - Prevention of Mother-to-Child Transmission of HIV and Reproductive Behavior in Zambia
Nicholas Wilson #18226 (HC) - How Inflation Affects Macroeconomic Performance: An Agent-Based Computational Investigation
Quamrul Ashraf, Boris Gershman, and Peter Howitt #18225 (EFG ME) - Pre-colonial Ethnic Institutions and Contemporary African Development
Stelios Michalopoulos and Elias Papaioannou #18224 (EFG POL) - Pegs, Downward Wage Rigidity, and Unemployment: The Role of Financial Structure
Stephanie Schmitt-Grohé and Martín Uribe #18223 (IFM) - Prediction Markets for Economic Forecasting
Erik Snowberg, Justin Wolfers, and Eric Zitzewitz #18222 (AP EFG ME) - The Spread of Manufacturing to the Periphery 1870-2007: Eight Stylized Facts
Agustín S. Bénétrix, Kevin H. O'Rourke, and Jeffrey G. Williamson #18221 (DAE) - Matching Contributions and Savings Outcomes: A Behavioral Economics Perspective
Brigitte C. Madrian #18220 (AG EFG LS PE) - Optimal Holdings of International Reserves: Self-Insurance against Sudden Stop
Guillermo A. Calvo, Alejandro Izquierdo, and Rudy Loo-Kung #18219 (IFM) - Unions in a Frictional Labor Market
Per Krusell and Leena Rudanko #18218 (EFG LS) - Inefficient Investment Waves
Zhiguo He and Péter Kondor #18217 (CF EFG) - Adolescent Depression and Adult Labor Market Outcomes
Jason M. Fletcher #18216 (CH HE LS) - Determinacy, Learnability, Plausibility, and the Role of Money in New Keynesian Models
Bennett T. McCallum #18215 (EFG ME) - Facing the Climate Change Challenge in a Global Economy
Lee G. Branstetter and William A. Pizer #18214 (EEE ITI) - Individual Price Adjustment along the Extensive Margin
Etienne Gagnon, David López-Salido, and Nicolas Vincent #18213 (EFG)
Week of July 9, 2012
- Projection Bias in the Car and Housing Markets
Meghan R. Busse, Devin G. Pope, Jaren C. Pope, and Jorge Silva-Risso #18212 (IO LS) - Cash is King - Revaluation of Targets after Merger Bids
Ulrike Malmendier, Marcus Matthias Opp, and Farzad Saidi #18211 (CF) - When Does It Pay to Delay Social Security? The Impact of Mortality, Interest Rates, and Program Rules
John B. Shoven and Sita Nataraj Slavov #18210 (AG) - Global Banks and Crisis Transmission
Sebnem Kalemli-Ozcan, Elias Papaioannou, and Fabrizio Perri #18209 (IFM) - Boarding a Sinking Ship? An Investigation of Job Applications to Distressed Firms
Jennifer Brown and David A. Matsa #18208 (CF LS) - Selection, Reallocation, and Spillover: Identifying the Sources of Gains from Multinational Production
Laura Alfaro and Maggie X. Chen #18207 (IFM ITI) - Income, the Earned Income Tax Credit, and Infant Health
Hilary W. Hoynes, Douglas L. Miller, and David Simon #18206 (CH HC HE LS PE) - The Climate Policy Dilemma
Robert S. Pindyck #18205 (EEE) - Choosing Size of Government Under Ambiguity: Infrastructure Spending and Income Taxation
Charles F. Manski #18204 (PE) - Managing Licensing in a Market for Technology
Ashish Arora, Andrea Fosfuri, and Thomas Roende #18203 (PR) - The Need for (long) Chains in Kidney Exchange
Itai Ashlagi, David Gamarnik, Michael A. Rees, and Alvin E. Roth #18202 (HC)
Week of July 2, 2012
- Evaluating Student Outcomes at For-Profit Colleges
Kevin Lang and Russell Weinstein #18201 (ED LS) - Effects of Federal Policy to Insure Young Adults: Evidence from the 2010 Affordable Care Act Dependent Coverage Mandate
Yaa Akosa Antwi, Asako S. Moriya, and Kosali Simon #18200 (CH HC HE) - Dealing with the Trilemma: Optimal Capital Controls with Fixed Exchange Rates
Emmanuel Farhi and Ivan Werning #18199 (EFG IFM ME) - Peer Effects in Program Participation
Gordon B. Dahl, Katrine V. Løken, and Magne Mogstad #18198 (CH LS PE) - Impact of Bilingual Education Programs on Limited English Proficient Students and Their Peers: Regression Discontinuity Evidence from Texas
Aimee Chin, N. Meltem Daysal, and Scott A. Imberman #18197 (CH ED LS) - The Benefits of College Athletic Success: An Application of the Propensity Score Design with Instrumental Variables
Michael L. Anderson #18196 (ED LS PE) - The Economics of Options-Implied Inflation Probability Density Functions
Yuriy Kitsul and Jonathan H. Wright #18195 (ME) - Deep Recessions, Fast Recoveries, and Financial Crises: Evidence from the American Record
Michael D. Bordo and Joseph G. Haubrich #18194 (DAE ME) - Has Surface Water Quality Improved Since the Clean Water Act?
V. Kerry Smith and Carlos Valcarcel Wolloh #18192 (EEE) - Trade Wedges, Inventories, and International Business Cycles
George Alessandria, Joseph Kaboski, and Virgiliu Midrigan #18191 (EFG IFM ITI) - The Returns to Education in China: Evidence from the 1986 Compulsory Education Law
Hai Fang, Karen N. Eggleston, John A. Rizzo, Scott Rozelle, and Richard J. Zeckhauser #18189 (ED LS)
Week of June 25, 2012
- A Spatial Knowledge Economy
Donald R. Davis and Jonathan I. Dingel #18188 (ITI LS) - Stand Your Ground Laws and Homicides
Chandler B. McClellan and Erdal Tekin #18187 (HE LE) - Fragmentation and Trade in Value Added over Four Decades
Robert C. Johnson and Guillermo Noguera #18186 (ITI) - When Educators Are the Learners: Private Contracting by Public Schools
Silke J. Forbes and Nora E. Gordon #18185 (ED IO PE) - Measuring Managerial Skill in the Mutual Fund Industry
Jonathan B. Berk and Jules H. van Binsbergen #18184 (AP) - School Libraries and Language Skills in Indian Primary Schools: A Randomized Evaluation of the Akshara Library Program
Evan Borkum, Fang He, and Leigh L. Linden #18183 (CH ED LS PE) - Dynamic Olley-Pakes Productivity Decomposition with Entry and Exit
Marc J. Melitz and Sašo Polanec #18182 (PR) - Continuous-Time Linear Models
John H. Cochrane #18181 (AP EFG) - Behavioral Economics and the Demand for Alcohol: Results from the NLSY97
Henry Saffer, Dhaval Dave, and Michael Grossman #18180 (HE) - Innovating Standards Through Informal Consortia: The Case of Wireless Telecommunications
Henry R. Delcamp and Aija Leiponen #18179 (IO PR) - Robust Comparative Statics in Large Dynamic Economies
Daron Acemoglu and Martin Kaae Jensen #18178 (EFG IO ME) - Finding Eldorado: Slavery and Long-run Development in Colombia
Daron Acemoglu, Camilo GarcÃa-Jimeno, and James A. Robinson #18177 (EFG LE POL) - Income inequality, tax base and sovereign spreads
Joshua Aizenman and Yothin Jinjarak #18176 (IFM) - Overcoming the Fear of Free Falling: Monetary Policy Graduation in Emerging Markets
Carlos A. Vegh and Guillermo Vuletin #18175 (IFM) - Money Doctors
Nicola Gennaioli, Andrei Shleifer, and Robert W. Vishny #18174 (AP CF) - Competition Among University Endowments
William N. Goetzmann and Sharon Oster #18173 (AP) - Moral Hazard and Claims Deterrence in Private Disability Insurance
David Autor, Mark Duggan, and Jonathan Gruber #18172 (AG HE LS PE) - An Alternative Framework for Empirically Measuring the Size of Counterfeit Markets
Rosalie Liccardo Pacula, Srikanth Kadiyala, Priscillia Hunt, and Alessandro Malchiodi #18171 ( PE) - Innocent Bystanders? Monetary Policy and Inequality in the U.S.
Olivier Coibion, Yuriy Gorodnichenko, Lorenz Kueng, and John Silvia #18170 (EFG IFM ME) - Tail Risk in Momentum Strategy Returns
Kent Daniel, Ravi Jagannathan, and Soohun Kim #18169 (AP) - Using Audit Studies to Test for Physician Induced Demand: The Case of Antibiotic Abuse in China
Janet Currie, Wanchuan Lin, and Juanjuan Meng #18153 (HC HE)
Week of June 18, 2012
- Unobserved Heterogeneity in Matching Games
Jeremy T. Fox and Chenyu Yang #18168 (IO LS TWP) - Collective Intelligence and Neutral Point of View: The Case of Wikipedia
Shane Greenstein and Feng Zhu #18167 (IO PR) - Plan Selection in Medicare Part D: Evidence from Administrative Data
Florian Heiss, Adam Leive, Daniel McFadden, and Joachim Winter #18166 (AG HE) - The Behavioralist Goes to School: Leveraging Behavioral Economics to Improve Educational Performance
Steven D. Levitt, John A. List, Susanne Neckermann, and Sally Sadoff #18165 (ED PE) - Do Newspapers Serve the State? Incumbent Party Influence on the US Press, 1869-1928
Matthew Gentzkow, Nathan Petek, Jesse M. Shapiro, and Michael Sinkinson #18164 (DAE POL) - Organizing the Global Value Chain
Pol Antràs and Davin Chor #18163 (IO ITI) - The European Origins of Economic Development
William Easterly and Ross Levine #18162 (EFG POL) - The Aftermath of Accelerating Algebra: Evidence from a District Policy Initiative
Charles T. Clotfelter, Helen F. Ladd, and Jacob L. Vigdor #18161 (ED) - A Theory of Debt Maturity: The Long and Short of Debt Overhang
Douglas W. Diamond and Zhiguo He #18160 (CF) - Do Male-Female Wage Di.fferentials Reflect Diff.erences in the Return to Skill? Cross-City Evidence From 1980-2000
Paul Beaudry and Ethan Lewis #18159 (LS) - What is the Impact of Financial Advisors on Retirement Portfolio Choices and Outcomes?
John Chalmers and Jonathan Reuter #18158 (AG) - The Ramsey Discounting Formula for a Hidden-State Stochastic Growth Process
Martin L. Weitzman #18157 (EEE) - Strengthening State Capabilities: The Role of Financial Incentives in the Call to Public Service
Ernesto Dal Bó, Frederico Finan, and Martín Rossi #18156 (LS PE POL) - Identification of Potential Games and Demand Models for Bundles
Jeremy T. Fox and Natalia Lazzati #18155 (IO LS TWP) - Declining Labor Shares and the Global Rise of Corporate Savings
Loukas Karabarbounis and Brent Neiman #18154 (CF EFG IFM) - The Demand of Liquid Assets with Uncertain Lumpy Expenditures
Fernando Alvarez and Francesco Lippi #18152 (EFG) - Taxation and Redistribution of Residual Income Inequality
Mikhail Golosov, Pricila Maziero, and Guido Menzio #18151 (EFG) - Corrupting Learning: Evidence from Missing Federal Education Funds in Brazil
Claudio Ferraz, Frederico Finan, and Diana B. Moreira #18150 (PE POL ED) - Testing for Keynesian Labor Demand
Mark Bils, Peter J. Klenow, and Benjamin A. Malin #18149 (EFG ME) - Real Options, Taxes and Financial Leverage
Stewart C. Myers and James A. Read, Jr. #18148 (CF) - Real Assets and Capital Structure
Murillo Campello and Erasmo Giambona #18147 (CF) - The Effect of Education Policy on Crime: An Intergenerational Perspective
Costas Meghir, Mårten Palme, and Marieke Schnabel #18145 (CH ED LS) - A Precautionary Tale of Uncertain Tail Fattening
Martin L. Weitzman #18144 (EEE) - The Dollar and its Discontents
Olivier Jeanne #18143 (IFM) - "Getting the Biggest Bang for the Buck in Fiscal Policy"
Miles S. Kimball #18142 (EFG IFM ME PE) - The Cost of Friendship
Paul Gompers, Vladimir Mukharlyamov, and Yuhai Xuan #18141 (CF) - Post-Durban Climate Policy Architecture Based on Linkage of Cap-and-Trade Systems
Matthew Ranson and Robert N. Stavins #18140 (EEE PE POL) - Does Finance Cause Growth? Evidence from the Origins of Banking in Russia
Daniel Berkowitz, Mark Hoekstra, and Koen Schoors #18139 (EFG LE) - The Euro and the global crises: finding the balance between short term stabilization and forward looking reforms
Joshua Aizenman #18138 (IFM) - Does Mutual Fund Performance Vary over the Business Cycle?
André de Souza and Anthony W. Lynch #18137 (AP) - Managing Catastrophic Risk
Howard Kunreuther and Geoffrey Heal #18136 (EEE)
Week of June 11, 2012
- Inflation Tracking Portfolios
Christopher T. Downing, Francis A. Longstaff, and Michael A. Rierson #18135 ( AP) - Does Strengthening Self-Defense Law Deter Crime or Escalate Violence? Evidence from Castle Doctrine
Cheng Cheng and Mark Hoekstra #18134 ( LE) - The Life Cycle of Plants in India and Mexico
Chang-Tai Hsieh and Peter J. Klenow #18133 ( EFG PR) - International Standards and International Trade: Empirical Evidence from ISO 9000 Diffusion
Joseph A. Clougherty and Michal Grajek #18132 ( IO ITI PR) - Skill Premium and Trade Puzzles: a Solution Linking Production and Preferences
Justin Caron, Thibault Fally, and James R. Markusen #18131 ( ITI) - How Deep Are the Roots of Economic Development?
Enrico Spolaore and Romain Wacziarg #18130 ( DAE EFG POL) - Suffrage, Schooling, and Sorting in the Post-Bellum U.S. South
Suresh Naidu #18129 ( DAE ED LE POL) - Growth-Rate and Uncertainty Shocks in Consumption: Cross-Country Evidence
Emi Nakamura, Dmitriy Sergeyev, and Jón Steinsson #18128 ( AP EFG IFM ME) - The Incidence of an Oil Glut: Who Benefits from Cheap Crude Oil in the Midwest?
Severin Borenstein and Ryan Kellogg #18127 ( EEE IO) - Decentralisation in Africa and the Nature of Local Governments' Competition: Evidence from Benin
Emilie Caldeira, Martial Foucault, and Grégoire Rota-Graziosi #18126 ( PE) - Housing Market Spillovers: Evidence from the End of Rent Control in Cambridge Massachusetts
David H. Autor, Christopher J. Palmer, and Parag A. Pathak #18125 ( LS PE) - Water Availability as a Constraint on China's Future Growth
Dana Medianu and John Whalley #18124 ( EEE EFG)
Week of June 3, 2012
- Tall or Taller, Pretty or Prettier: Is Discrimination Absolute or Relative?
Daniel S. Hamermesh #18123 ( LS) - Distance and Political Boundaries: Estimating Border Effects under Inequality Constraints.
Fernando Borraz, Alberto Cavallo, Roberto Rigobon, and Leandro Zipitría #18122 ( IFM ITI) - Multinationals and the High Cash Holdings Puzzle
Lee Pinkowitz, René M. Stulz, and Rohan Williamson #18120 ( CF) - Education and the Quality of Government
Juan Botero, Alejandro Ponce, and Andrei Shleifer #18119 ( PE POL) - Does Decentralization Facilitate Access to Poverty-Related Services? Evidence from Benin
Emilie Caldeira, Martial Foucault, and Grégoire Rota-Graziosi #18118 ( PE) - Democracy and Reforms: Evidence from a New Dataset
Paola Giuliano, Prachi Mishra, and Antonio Spilimbergo #18117 ( POL) - NIH Peer Review: Challenges and Avenues for Reform
Pierre Azoulay, Joshua S. Graff Zivin, and Gustavo Manso #18116 ( PR) - Meeting Urban Housing Needs: Do People Really Come to the Nuisance?
Brooks M. Depro, Christopher Timmins, and Maggie O'Neil #18109 ( EEE) - Macroeconomics with Financial Frictions: A Survey
Markus K. Brunnermeier, Thomas M. Eisenbach, and Yuliy Sannikov #18102 ( AP CF EFG IFM ME)
Week of May 28, 2012
- The Effects of “Girl-Friendly” Schools: Evidence from the BRIGHT School Construction Program in Burkina Faso
Harounan Kazianga, Dan Levy, Leigh L. Linden, and Matt Sloan #18115 (CH ED LS PE) - Liquidity Traps and Expectation Dynamics: Fiscal Stimulus or Fiscal Austerity?
Jess Benhabib, George W. Evans, and Seppo Honkapohja #18114 (EFG) - Why Trade Matters After All
Ralph Ossa #18113 (ITI) - The Political Risks of Fighting Market Failures: Subversion, Populism and the Government Sponsored Enterprises
Edward L. Glaeser #18112 (PE POL) - When Walmart Comes to Town: Always Low Housing Prices? Always?
Devin G. Pope and Jaren C. Pope #18111 (LS PE) - Metropolitan Land Values and Housing Productivity
David Albouy and Gabriel Ehrlich #18110 (LS PE) - Estimating the Tradeoff Between Risk Protection and Moral Hazard with a Nonlinear Budget Set Model of Health Insurance
Amanda E. Kowalski #18108 (AG HC PE) - Trade Credit and Taxes
Mihir A. Desai, C. Fritz Foley, and James R. Hines Jr. #18107 (CF ITI PE) - Men, Women, and Machines: How Trade Impacts Gender Inequality
Chinhui Juhn, Gergely Ujhelyi, and Carolina Villegas-Sanchez #18106 (ITI LS) - Bankruptcy as Implicit Health Insurance
Neale Mahoney #18105 (HC HE LE PE) - Volatility, the Macroeconomy and Asset Prices
Ravi Bansal, Dana Kiku, Ivan Shaliastovich, and Amir Yaron #18104 (AP EFG) - Quality of Life, Firm Productivity, and the Value of Amenities across Canadian Cities
David Albouy, Fernando Leibovici, and Casey Warman #18103 (LS PE) - The Effects of Democratization on Public Goods and Redistribution: Evidence from China
Monica Martinez-Bravo, Gerard Padró i Miquel, Nancy Qian, and Yang Yao #18101 (POL) - Human Capital, Economic Growth, and Inequality in China
James J. Heckman and Junjian Yi #18100 (CH ED LS)
Week of May 21, 2012
- Chronic Specie Scarcity and Efficient Barter: The Problem of Maintaining an Outside Money Supply in British Colonial America
Farley Grubb #18099 (DAE) - Market Design in Cap and Trade Programs: Permit Validity and Compliance Timing
Stephen P. Holland and Michael R. Moore #18098 (EEE) - When did the dollar overtake sterling as the leading international currency? Evidence from the bond markets
Livia Chitu, Barry Eichengreen, and Arnaud J. Mehl #18097 (DAE IFM) - Cultural Proximity and Loan Outcomes
Raymond Fisman, Daniel Paravisini, and Vikrant Vig #18096 (CF LS) - Private Returns to Public Office
Raymond Fisman, Florian Schulz, and Vikrant Vig #18095 (CF LE LS PE POL) - Disentangling the Channels of the 2007-2009 Recession
James H. Stock and Mark W. Watson #18094 (EFG ME) - Gender Differences in Bargaining Outcomes: A Field Experiment on Discrimination
Marco Castillo, Ragan Petrie, Máximo Torero, and Lise Vesterlund #18093 (LS PE) - Managing Currency Pegs
Stephanie Schmitt-Grohé and Martín Uribe #18092 (IFM) - Catch-up and Fall-back through Innovation and Imitation
Jess Benhabib, Jesse Perla, and Christopher Tonetti #18091 (EFG) - China and the TPP: A Numerical Simulation Assessment of the Effects Involved
Chunding Li and John Whalley #18090 (IFM) - Age-Based Heterogeneity and Pricing Regulation on the Massachusetts Health Insurance Exchange
Keith M. Marzilli Ericson and Amanda Starc #18089 (HC) - Do Welfare Policies Matter for Labor Market Aggregates? Quantifying Safety Net Work Incentives since 2007
Casey B. Mulligan #18088 (EFG PE) - The Heterogeneity of the Cigarette Price Effect on Body Mass Index
George Wehby and Charles J. Courtemanche #18087 (HC HE) - Care or Cash? The Effect of Child Care Subsidies on Student Performance
Sandra E. Black, Paul J. Devereux, Katrine V. Løken, and Kjell G. Salvanes #18086 (CH ED LS) - Slow Recoveries: A Structural Interpretation
Jordi Galí, Frank Smets, and Rafael Wouters #18085 (EFG ME) - Financial Risk Measurement for Financial Risk Management
Torben G. Andersen, Tim Bollerslev, Peter F. Christoffersen, and Francis X. Diebold #18084 (AP EFG IFM) - Networked FDI: Sales and Sourcing Patterns of Japanese Foreign Affiliates
Richard Baldwin and Toshihiro Okubo #18083 (ITI) - Why Did So Many People Make So Many Ex Post Bad Decisions? The Causes of the Foreclosure Crisis
Christopher L. Foote, Kristopher S. Gerardi, and Paul S. Willen #18082 (EFG) - Fixing the Patent Office
Mark A. Lemley #18081 (LE) - Family Ties, Inheritance Rights, and Successful Poverty Alleviation: Evidence from Ghana
Edward Kutsoati and Randall Morck #18080 (CF)
Week of May 14, 2012
- The Rise and Fall of Unions in the U.S.
Emin M. Dinlersoz and Jeremy Greenwood #18079 (EFG) - A Markov-Switching Multi-Fractal Inter-Trade Duration Model, with Application to U.S. Equities
Fei Chen, Francis X. Diebold, and Frank Schorfheide #18078 (AP) - Has the U.S. Finance Industry Become Less Efficient? On the Theory and Measurement of Financial Intermediation
Thomas Philippon #18077 (AP CF EFG PR) - Sequential or Simultaneous Elections? A Welfare Analysis
Patrick Hummel and Brian Knight #18076 (PE POL) - The Effect of Housing Wealth on College Choice: Evidence from the Housing Boom
Michael F. Lovenheim and C. Lockwood Reynolds #18075 (ED) - Financial Constraints, Endogenous Markups, and Self-fulfilling Equilibria
Jess Benhabib and Pengfei Wang #18074 (EFG) - Counterfeit or Substandard? The Role of Regulation and Distribution Channel in Drug Safety
Roger Bate, Ginger Zhe Jin, and Aparna Mathur #18073 (IO) - Monetary Policy, Liquidity, and Growth
Philippe Aghion, Emmanuel Farhi, and Enisse Kharroubi #18072 (EFG ME) - The Smart Grid, Entry, and Imperfect Competition in Electricity Markets
Hunt Allcott #18071 (EEE) - Weathering the Storm: Hurricanes and Birth Outcomes
Janet Currie and Maya Rossin-Slater #18070 (CH HC HE) - Price Discrimination in the Housing Market
Patrick Bayer, Marcus D. Casey, Fernando Ferreira, and Robert McMillan #18069 (PE) - Quantile Treatment Effects of College Quality on Earnings: Evidence from Administrative Data in Texas
Rodney J. Andrews, Jing Li, and Michael F. Lovenheim #18068 (ED LS) - Foreign Born Scientists: Mobility Patterns for Sixteen Countries
Chiara Franzoni, Giuseppe Scellato, and Paula Stephan #18067 (ED LS PR) - The Money Value of a Man
Mark Huggett and Greg Kaplan #18066 (AP EFG LS) - Revising Commitments: Field Evidence on the Adjustment of Prior Choices
Xavier Giné, Jessica Goldberg, Dan Silverman, and Dean Yang #18065 (LS PE) - Identifying Confirmatory Bias in the Field: Evidence from a Poll of Experts
Rodney J. Andrews, Trevon D. Logan, and Michael J. Sinkey #18064 (DAE) - Pseudo-Predictability in Conditional Asset Pricing Tests: Explaining Anomaly Performance with Politics, the Weather, Global Warming, Sunspots, and the Stars
Robert Novy-Marx #18063 (AP CF) - Protectionism Isn’t Counter‐Cyclic (anymore)
Andrew K. Rose #18062 (EFG IFM ITI) - Comparative Advantage and the Welfare Impact of European Integration
Andrei A. Levchenko and Jing Zhang #18061 (IFM ITI) - Does Employer-Provided Health Insurance Constrain Labor Supply Adjustments to Health Shocks? New Evidence on Women Diagnosed with Breast Cancer
Cathy J. Bradley, David Neumark, and Scott Barkowski #18060 (HE LS) - House Price Moments in Boom-Bust Cycles
Todd M. Sinai #18059 (EFG ME PE) - Nonlinear Adventures at the Zero Lower Bound
Jesús Fernández-Villaverde, Grey Gordon, Pablo A. Guerrón-Quintana, and Juan Rubio-Ramírez #18058 (EFG) - Country Size, Currency Unions, and International Asset Returns
Tarek Alexander Hassan #18057 (AP IFM ITI) - Estimating Person-Centered Treatment (PeT) Effects Using Instrumental Variables
Anirban Basu #18056 (HC HE TWP) - Estimating the Economic Impacts of Living Wage Mandates Using Ex Ante Simulations, Longitudinal Estimates, and New Public and Administrative Data: Evidence for New York City
David Neumark, Matthew Thompson, Francesco Brindisi, Leslie Koyle, and Clayton Reck #18055 (LS) - The China Syndrome: Local Labor Market Effects of Import Competition in the United States
David H. Autor, David Dorn, and Gordon H. Hanson #18054 (IFM LS) - Evidence on the Impact of R&D and ICT Investment on Innovation and Productivity in Italian Firms
Bronwyn H. Hall, Francesca Lotti, and Jacques Mairesse #18053 (PR) - Bubble Thy Neighbor: Portfolio Effects and Externalities from Capital Controls
Kristin Forbes, Marcel Fratzscher, Thomas Kostka, and Roland Straub #18052 (CF IFM) - Macro-Prudential Policy in a Fisherian model of Financial Innovation
Javier Bianchi, Emine Boz, and Enrique G. Mendoza #18036 (IFM) - The Impact of the 2009 Federal Tobacco Excise Tax Increase on Youth Tobacco Use
Jidong Huang and Frank J. Chaloupka, IV #18026 (HE)
Week of May 7, 2012
- How is Economic Hardship Avoided by Those Retiring Before the Social Security Entitlement Age?
Kevin S. Milligan #18051 (AG) - Should Benchmark Indices Have Alpha? Revisiting Performance Evaluation
Martijn Cremers, Antti Petajisto, and Eric Zitzewitz #18050 (AP CF) - Education and Military Rivalry
Philippe Aghion, Torsten Persson, and Dorothee Rouzet #18049 (POL) - Industrial Policy and Competition
Philippe Aghion, Mathias Dewatripont, Luosha Du, Ann Harrison, and Patrick Legros #18048 (EFG IO) - The Impact of Immigration on the Educational Attainment of Natives
Jennifer Hunt #18047 (LS) - Parametric Inference and Dynamic State Recovery from Option Panels
Torben G. Andersen, Nicola Fusari, and Viktor Todorov #18046 (AP) - Why do we Redistribute so Much but Tag so Little? The principle of equal sacrifice and optimal taxation
Matthew C. Weinzierl #18045 (PE) - Cash for Coolers
Lucas W. Davis, Alan Fuchs, and Paul J. Gertler #18044 (EEE) - Variation in Systemic Risk at US Banks During 1974-2010
Armen Hovakimian, Edward J. Kane, and Luc Laeven #18043 (CF) - Roads to Prosperity or Bridges to Nowhere? Theory and Evidence on the Impact of Public Infrastructure Investment
Sylvain Leduc and Daniel Wilson #18042 (EFG PE) - Competition, Markups, and the Gains from International Trade
Chris Edmond, Virgiliu Midrigan, and Daniel Yi Xu #18041 (EFG IO ITI PR) - On Fiscal Illusion and Ricardian Equivalence in Local Public Finance
H. Spencer Banzhaf and Wallace E. Oates #18040 (EEE PE) - The Effect of Village-Based Schools: Evidence from a Randomized Controlled Trial in Afghanistan
Dana Burde and Leigh L. Linden #18039 (CH ED LS PE) - Knowledge, Tests, and Fadeout in Educational Interventions
Elizabeth U. Cascio and Douglas O. Staiger #18038 (CH ED LS) - Effective and Equitable Adoption of Opt-In Residential Dynamic Electricity Pricing
Severin Borenstein #18037 (EEE IO) - The Nature of Countercyclical Income Risk
Fatih Guvenen, Serdar Ozkan, and Jae Song #18035 (AP EFG IFM LS ME) - Misallocation and Productivity Effects of the Smoot-Hawley Tariff
Eric W. Bond, Mario J. Crucini, Tristan Potter, and Joel Rodrigue #18034 (DAE IFM ITI) - Up in Smoke: The Influence of Household Behavior on the Long-Run Impact of Improved Cooking Stoves
Rema Hanna, Esther Duflo, and Michael Greenstone #18033 (EEE HC HE PE) - Comovement in GDP Trends and Cycles Among Trading Partners
Bruce A. Blonigen, Jeremy Piger, and Nicholas Sly #18032 (IFM ITI) - Prudential Policy for Peggers
Stephanie Schmitt-Grohe and Martin Uribe #18031 (EFG IFM ME) - Misallocation, Property Rights, and Access to Finance: Evidence from Within and Across Africa
Sebnem Kalemli-Ozcan and Bent E. Sorensen #18030 (IFM) - Testing Motives for Charitable Giving: A Revealed-Preference Methodology with Experimental Evidence
Rahul Deb, Robert S. Gazzale, and Matthew J. Kotchen #18029 (EEE PE) - Developing countries’ financial vulnerability to the euro crisis: An event study of equity and bond markets
Joshua Aizenman, Yothin Jinjarak, Minsoo Lee, and Donghyun Park #18028 (IFM)
Week of April 30, 2012
- The Anatomy of a Credit Crisis: The Boom and Bust in Farm Land Prices in the United States in the 1920s.
Raghuram Rajan and Rodney Ramcharan #18027 (CF DAE ME) - The Impact of Health Information Technology on Hospital Productivity
Jinhyung Lee, Jeffery S. McCullough, and Robert J. Town #18025 (HC PR) - Winning by Losing: Evidence on the Long-Run Effects of Mergers
Ulrike Malmendier, Enrico Moretti, and Florian S. Peters #18024 (AP CF) - The Impact of Patient Cost-Sharing on the Poor: Evidence from Massachusetts
Amitabh Chandra, Jonathan Gruber, and Robin McKnight #18023 (HC) - Equilibrium Labor Turnover, Firm Growth and Unemployment
Melvyn G. Coles and Dale T. Mortensen #18022 (EFG) - Banks, Free Banks, and U.S. Economic Growth
Matthew Jaremski and Peter L. Rousseau #18021 (DAE ME) - Why Do Firms Own Production Chains?
Enghin Atalay, Ali Hortacsu, and Chad Syverson #18020 (IO PR) - The demand for, and consequences of, formalization among informal firms in Sri Lanka
Suresh De Mel, David McKenzie, and Christopher Woodruff #18019 (PR) - Sales Taxes and Internet Commerce
Liran Einav, Dan Knoepfle, Jonathan D. Levin, and Neel Sundaresan #18018 (IO ITI LE PE) - Toward an Understanding of Learning by Doing: Evidence from an Automobile Assembly Plant
Steven D. Levitt, John A. List, and Chad Syverson #18017 (IO PR) - Empowering Women Through Education: Evidence from Sierra Leone
Naci H. Mocan and Colin Cannonier #18016 (CH ED HE) - Debt Overhangs: Past and Present
Carmen M. Reinhart, Vincent R. Reinhart, and Kenneth S. Rogoff #18015 (IFM ME) - Riester Pensions in Germany: Design, Dynamics, Targetting Success and Crowding-In
Axel H. Börsch-Supan, Michela Coppola, and Anette Reil-Held #18014 (AG) - Resolving the African Financial Development Gap: Cross-Country Comparisons and a Within-Country Study of Kenya
Franklin Allen, Elena Carletti, Robert Cull, Jun Qian, Lemma Senbet, and Patricio Valenzuela #18013 (IFM)
Week of April 23, 2012
- Fuel Economy and Safety: The Influences of Vehicle Class and Driver Behavior
Mark R. Jacobsen #18012 (EEE) - A Nation of Immigrants: Assimilation and Economic Outcomes in the Age of Mass Migration
Ran Abramitzky, Leah Platt Boustan, and Katherine Eriksson #18011 (DAE LS) - Measuring Test Measurement Error: A General Approach
Donald Boyd, Hamilton Lankford, Susanna Loeb, and James Wyckoff #18010 (ED) - Entitlement Reforms in Europe: Policy Mixes in the Current Pension Reform Process
Axel H. Börsch-Supan #18009 (AG PE) - Goods Trade, Factor Mobility and Welfare
Stephen J. Redding #18008 (ITI) - The Effect of Conventional and Unconventional Monetary Policy Rules on Inflation Expectations: Theory and Evidence
Roger E.A. Farmer #18007 (EFG) - Comparing Real Wages
Orley C. Ashenfelter #18006 (LS) - Would You Buy a Honda Made in the U.S.? The Impact of Production Location on Manufacturing Quality
Nicola Lacetera and Justin R. Sydnor #18005 (IO PR) - The Evolving Importance of Banks and Securities Markets
Asli Demirguc-Kunt, Erik Feyen, and Ross Levine #18004 (CF EFG IFM) - Demand for Smokeless Tobacco: Role of Magazine Advertising
Dhaval M. Dave and Henry Saffer #18003 (HC HE IO) - Primate Evidence on the Late Health Effects of Early Life Adversity
Gabriella Conti, Christopher Hansman, James J. Heckman, Matthew F. X. Novak, Angela Ruggiero, and Stephen J. Suomi #18002 (CH HC HE) - Executives' "Off-The-Job" Behavior, Corporate Culture, and Financial Reporting Risk
Robert Davidson, Aiyesha Dey, and Abbie J. Smith #18001 (CF) - Status Competition and Housing Prices
Shang-Jin Wei, Xiaobo Zhang, and Yin Liu #18000 (AP IFM)
Week of April 16, 2012
- Patent Disclosure in Standard Setting
Bernhard Ganglmair and Emanuele Tarantino #17999 (IO LE) - Can Oil Prices Forecast Exchange Rates?
Domenico Ferraro, Kenneth S. Rogoff, and Barbara Rossi #17998 (IFM ME) - Is Paper Money Just Paper Money? Experimentation and Local Variation in the Fiat Paper Monies Issued by the Colonial Governments of British North America, 1690-1775: Part I
Farley Grubb #17997 (DAE) - Saving Babies: The Contribution of Sheppard-Towner to the Decline in Infant Mortality in the 1920s
Carolyn M. Moehling and Melissa A. Thomasson #17996 (DAE) - Following Through on Good Intentions: The Power of Planning Prompts
Katherine L. Milkman, John Beshears, James J. Choi, David Laibson, and Brigitte C. Madrian #17995 (AG HC HE) - The World our Grandchildren Will Inherit: The Rights Revolution and Beyond
Daron Acemoglu #17994 (DAE) - Trends in Occupational Segregation by Gender 1970-2009: Adjusting for the Impact of Changes in the Occupational Coding System
Francine D. Blau, Peter Brummund, and Albert Yung-Hsu Liu #17993 (LS) - Is India's Manufacturing Sector Moving Away From Cities?
Ejaz Ghani, Arti Grover Goswami, and William R. Kerr #17992 (PR) - Trade and Inequality: From Theory to Estimation
Elhanan Helpman, Oleg Itskhoki, Marc-Andreas Muendler, and Stephen J. Redding #17991 (ITI) - School Turnarounds: Evidence from the 2009 Stimulus
Thomas Dee #17990 (ED) - A Theory of Optimal Capital Taxation
Thomas Piketty and Emmanuel Saez #17989 (PE) - Defaults and Attention: The Drop Out Effect
Andrew Caplin and Daniel J. Martin #17988 (PE) - Medicare Reimbursements and Shortages of Sterile Injectable Pharmaceuticals
Ali Yurukoglu #17987 (HC HE IO) - On The Political Economy Of Educational Vouchers
Dennis N. Epple and Richard Romano #17986 (CH ED PE) - Heterogeneity in Human Capital Investments: High School Curriculum, College Major, and Careers
Joseph G. Altonji, Erica Blom, and Costas Meghir #17985 (ED LS)
Week of April 9, 2012
- Epilogue: Foreign-Exchange-Market Operations in the Twenty-First Century
Michael D. Bordo, Owen Humpage, and Anna J. Schwartz #17984 (DAE ME) - The Choice between Formal and Informal Intellectual Property: A Literature Review
Bronwyn H. Hall, Christian Helmers, Mark Rogers, and Vania Sena #17983 (IO LE PR) - The Evolution of Income, Consumption, and Leisure Inequality in The US, 1980-2010
Orazio Attanasio, Erik Hurst, and Luigi Pistaferri #17982 (EFG) - How much do firms pay as bribes and what benefits do they get? Evidence from corruption cases worldwide
Yan Leung Cheung, P. Raghavendra Rau, and Aris Stouraitis #17981 (LE) - University Entrepreneurship and Professor Privilege
Erika Farnstrand Damsgaard and Marie C. Thursby #17980 (PR) - Medieval Universities, Legal Institutions, and the Commercial Revolution
Davide Cantoni and Noam Yuchtman #17979 (DAE ED LE LS POL) - Microeconomic Sources of Real Exchange Rate Variability
Mario J. Crucini and Christopher I. Telmer #17978 (EFG IFM ITI ME) - Externalities, Internalities, and the Targeting of Energy Policy
Hunt Allcott, Sendhil Mullainathan, and Dmitry Taubinsky #17977 (EEE PE) - Global Supply Chains and Wage Inequality
Arnaud Costinot, Jonathan Vogel, and Su Wang #17976 (ITI) - A Theory of Firm Characteristics and Stock Returns: The Role of Investment-Specific Shocks
Leonid Kogan and Dimitris Papanikolaou #17975 (AP) - Measuring Total Household Spending in a Monthly Internet Survey: Evidence from the American Life Panel
Michael D. Hurd and Susann Rohwedder #17974 (AG) - Stock Price Expectations and Stock Trading
Michael D. Hurd and Susann Rohwedder #17973 (AG) - The Effect of Work First Job Placements on the Distribution of Earnings: An Instrumental Variable Quantile Regression Approach
David H. Autor, Susan N. Houseman, and Sari Pekkala Kerr #17972 (LS) - Productivity and the Welfare of Nations
Susanto Basu, Luigi Pascali, Fabio Schiantarelli, and Luis Serven #17971 (EFG ITI PR) - Choice Probability Generating Functions
Mogens Fosgerau, Daniel L. McFadden, and Michel Bierlaire #17970 (AG) - Ricardo's Theory of Comparative Advantage: Old Idea, New Evidence
Arnaud Costinot and Dave Donaldson #17969 (ITI) - Corruption
Abhijit Banerjee, Sendhil Mullainathan, and Rema Hanna #17968 (POL) - Inflation Targeting and Financial Stability
Michael Woodford #17967 (ME)
Week of April 2, 2012
- The Labor Market Four Years Into the Crisis: Assessing Structural Explanations
Jesse Rothstein #17966 (EFG LS) - Why is the Teen Birth Rate in the United States so High and Why Does it Matter?
Melissa Schettini Kearney and Phillip B. Levine #17965 (CH HE LS) - Explaining Recent Trends in the U.S. Teen Birth Rate
Melissa Schettini Kearney and Phillip B. Levine #17964 (CH LS) - Trade, Variety, and Immigration
Chen Bo and David S. Jacks #17963 (DAE ITI) - Layoffs, Lemons and Temps
Christopher L. House and Jing Zhang #17962 (EFG LS) - The Rise of Middle Kingdoms: Emerging Economies in Global Trade
Gordon H. Hanson #17961 (ITI) - The Evolution of the Black-White Test Score Gap in Grades K-3: The Fragility of Results
Timothy N. Bond and Kevin Lang #17960 (CH ED LS) - Platform Pricing at Sports Card Conventions
Ginger Zhe Jin and Marc Rysman #17959 (IO) - Inflation Expectations and Readiness to Spend: Cross-Sectional Evidence
Rüdiger Bachmann, Tim O. Berg, and Eric R. Sims #17958 (EFG ME) - On the Generalizability of Experimental Results in Economics
Omar Al-Ubaydli and John A. List #17957 (PE) - How Frequent Are Small Price Changes?
Martin S. Eichenbaum, Nir Jaimovich, Sergio Rebelo, and Josephine Smith #17956 (EFG ME) - Unveiling the Mystery of Online Pharmacies: an Audit Study
Roger Bate, Ginger Zhe Jin, and Aparna Mathur #17955 (IO) - How Can Bill and Melinda Gates Increase Other People's Donations to Fund Public Goods?
Dean Karlan and John A. List #17954 (PE) - A theory of the perturbed consumer with general budgets
Daniel L. McFadden and Mogens Fosgerau #17953 (AG) - A Personal Touch: Text Messaging for Loan Repayment
Dean Karlan, Melanie Morten, and Jonathan Zinman #17952 (CF LS) - Who Suffers During Recessions?
Hilary W. Hoynes, Douglas L. Miller, and Jessamyn Schaller #17951 (CH ED LS AP) - The Impact of a Corporate Culture of Sustainability on Corporate Behavior and Performance
Robert G. Eccles, Ioannis Ioannou, and George Serafeim #17950 (CF) - Education, Cognition, Health Knowledge, and Health Behavior
Naci H. Mocan and Duha Tore Altindag #17949 (CH HE) - Costly Labor Adjustment: Effects of China's Employment Regulations
Russell Cooper, Guan Gong, and Ping Yan #17948 (EFG) - Salience and Consumer Choice
Pedro Bordalo, Nicola Gennaioli, and Andrei Shleifer #17947 (CF IO) - The Mystery of Zero-Leverage Firms
Ilya A. Strebulaev and Baozhong Yang #17946 (CF) - Investment Busts, Reputation, and the Temptation to Blend in with the Crowd
Steven Grenadier, Andrey Malenko, and Ilya A. Strebulaev #17945 (CF PR) - Debt Deleveraging and The Exchange Rate
Pierpaolo Benigno and Federica Romei #17944 (EFG IFM ME) - Price Subsidies, Diagnostic Tests, and Targeting of Malaria Treatment: Evidence from a Randomized Controlled Trial
Jessica Cohen, Pascaline Dupas, and Simone G. Schaner #17943 (CH HE) - Do Private Equity Managers Earn Their Fees? Compensation, Ownership, and Cash Flow Performance
David T. Robinson and Berk A. Sensoy #17942 (CF PR) - A Series of Unfortunate Events: Common Sequencing Patterns in Financial Crises
Carmen M. Reinhart #17941 (ME) - Tailspotting: How Disclosure, Stock Prices and Volatility Change When CEOs Fly to Their Vacation Homes
David Yermack #17940 (CF LE) - School Governance, Teacher Incentives, and Pupil-Teacher Ratios: Experimental Evidence from Kenyan Primary Schools
Esther Duflo, Pascaline Dupas, and Michael Kremer #17939 (CH ED) - Remedies for Sick Insurance
Daniel L. McFadden, Carlos E. Noton, and Pau Olivella #17938 (AG) - Is There "Too Much" Inequality in Health Spending Across Income Groups?
Laurence Ales, Roozbeh Hosseini, and Larry E. Jones #17937 (EFG HE PE) - Do High-Cost Hospitals Deliver Better Care? Evidence from Ambulance Referral Patterns
Joseph J. Doyle, Jr., John A. Graves, Jonathan Gruber, and Samuel Kleiner #17936 (AG HC HE) - Debt Financing in Asset Markets
Zhiguo He and Wei Xiong #17935 (AP CF) - Liquidity, Business Cycles, and Monetary Policy
Nobuhiro Kiyotaki and John Moore #17934 (EFG ME)
Week of March 26, 2012
- Education, Health and Mortality: Evidence from a Social Experiment
Costas Meghir, Mårten Palme, and Emilia Simeonova #17932 (CH ED HE) - Limited Life Expectancy, Human Capital and Health Investments: Evidence from Huntington Disease
Emily Oster, Ira Shoulson, and E. Ray Dorsey #17931 (AG LS) - Financial Literacy and the Financial Crisis
Leora F. Klapper, Annamaria Lusardi, and Georgios A. Panos #17930 (AG) - The Market for Financial Advice: An Audit Study
Sendhil Mullainathan, Markus Noeth, and Antoinette Schoar #17929 (AP CF) - What Will My Account Really Be Worth? An Experiment on Exponential Growth Bias and Retirement Saving
Gopi Shah Goda, Colleen Flaherty Manchester, and Aaron Sojourner #17927 (AG PE) - The Free Rider Problem: a Dynamic Analysis
Marco Battaglini, Salvatore Nunnari, and Thomas Palfrey #17926 (PE POL) - Prices, Markups and Trade Reform
Jan De Loecker, Pinelopi K. Goldberg, Amit K. Khandelwal, and Nina Pavcnik #17925 (IO ITI PR) - Lumpy Investment, Lumpy Inventories
Rüdiger Bachmann and Lin Ma #17924 (EFG ME) - Price Setting with menu cost for Multi-product firms
Fernando E. Alvarez and Francesco Lippi #17923 (EFG) - The Opt-In Revolution? Contraception and the Gender Gap in Wages
Martha J. Bailey, Brad Hershbein, and Amalia R. Miller #17922 (CH DAE ED LS) - Convective Risk Flows in Commodity Futures Markets
Ing-Haw Cheng, Andrei Kirilenko, and Wei Xiong #17921 (AP CF)
Week of March 19, 2012
- Mandate-Based Health Reform and the Labor Market: Evidence from the Massachusetts Reform
Jonathan T. Kolstad and Amanda E. Kowalski #17933 ( AG HC PE) - Does March Madness Lead to Irrational Exuberance in the NBA Draft? High-Value Employee Selection Decisions and Decision-Making Bias
Casey Ichniowski and Anne E. Preston #17928 ( LS) - Debt and Creative Destruction: Why Could Subsidizing Corporate Debt be Optimal?
Zhiguo He and Gregor Matvos #17920 ( CF IO PE) - Indirect Tax Initiatives and Global Rebalancing
Chunding Li and John Whalley #17919 ( IFM ITI PE) - Estimating the Relationship between Alcohol Policies and Criminal Violence and Victimization
Sara Markowitz, Erik Nesson, Eileen Poe-Yamagata, Curtis Florence, Partha Deb, Tracy Andrews, and Sarah Beth L. Barnett #17918 ( HE LE) - Game Over: Simulating Unsustainable Fiscal Policy
Richard W. Evans, Laurence J. Kotlikoff, and Kerk L. Phillips #17917 ( EFG PE) - Evaluating Estimates of Materials Offshoring from U.S. Manufacturing
Robert C. Feenstra and J. Bradford Jensen #17916 ( ITI) - You Get a Book! Demand Spillovers, Combative Advertising, and Celebrity Endorsements
Craig L. Garthwaite #17915 ( IO) - Housing Booms and City Centers
Edward L. Glaeser, Joshua D. Gottlieb, and Kristina Tobio #17914 ( PE) - 'Fiscal Devaluation' and Fiscal Consolidation: The VAT in Troubled Times
Ruud de Mooij and Michael Keen #17913 ( IFM ITI PE) - Can Institutions be Reformed from Within? Evidence from a Randomized Experiment with the Rajasthan Police
Abhijit Banerjee, Raghabendra Chattopadhyay, Esther Duflo, Daniel Keniston, and Nina Singh #17912 ( LE POL)
Week of March 12, 2012
- Target-Date Funds in 401(k) Retirement Plans
Olivia S. Mitchell and Stephen Utkus #17911 (AG LS PE) - Hiring, Churn and the Business Cycle
Edward P. Lazearand James R. Spletzer #17910 (LS) - Financial Regulation in General Equilibrium
Charles A.E. Goodhart, Anil K Kashyap, Dimitrios P. Tsomocos, and Alexandros P. Vardoulakis #17909 (ME) - Exit from a Monetary Union through Euroization: Discipline without Chaos
Russell Cooper #17908 (EFG) - Multilateral Resistance to International Portfolio Diversification
Paul R. Bergin and Ju Hyun Pyun #17907 (IFM) - Posterior Predictive Analysis for Evaluating DSGE Models
Jon Faust and Abhishek Gupta #17906 (IFM ME) - The Macroeconomics of Microfinance
Francisco J. Buera, Joseph P. Kaboski, and Yongseok Shin #17905 (EFG) - Status, Marriage, and Managers' Attitudes To Risk
Nikolai Roussanov and Pavel G. Savor #17904 (AP CF LE PR) - Perceptions and Misperceptions of Fiscal Inflation
Eric M. Leeper and Todd B. Walker #17903 (EFG) - An Exploration of Luxury Hotels in Tanzania
Diego A. Comin #17902 (CF) - Geographic and Racial Variation in Premature Mortality in the US: Analyzing the Disparities
Mark R. Cullen, Clint Cummins, and Victor R. Fuchs #17901 (AG HE) - Ambiguous Business Cycles
Cosmin Ilut and Martin Schneider #17900 (EFG ME) - Why Do Life Insurance Policyholders Lapse? The Roles of Income, Health and Bequest Motive Shocks
Hanming Fang and Edward Kung #17899 (IO PE) - Optimal Regulation in the Presence of Reputation Concerns
Andrew Atkeson, Christian Hellwig, and Guillermo Ordonez #17898 (EFG IO)
Week of March 5, 2012
- On the Road: Access to Transportation Infrastructure and Economic Growth in China
Abhijit Banerjee, Esther Duflo, and Nancy Qian #17897 (EFG PR) - Does Inequality Lead to a Financial Crisis?
Michael D. Bordo and Christopher M. Meissner #17896 (DAE ME) - Search Fatigue
Bruce Ian Carlin and Florian Ederer #17895 (CF IO POL) - Central Banks and Gold Puzzles
Joshua Aizenman and Kenta Inoue #17894 (IFM ITI) - Does Universal Coverage Improve Health? The Massachusetts Experience
Charles J. Courtemanche and Daniela Zapata #17893 (HC HE PE) - Should Aid Reward Performance? Evidence from a Field Experiment on Health and Education in Indonesia
Benjamin A. Olken, Junko Onishi, and Susan Wong #17892 (CH ED HE PE) - Gasoline Taxes and Consumer Behavior
Shanjun Li, Joshua Linn, and Erich Muehlegger #17891 (EEE IO PE) - Approximating High-Dimensional Dynamic Models: Sieve Value Function Iteration
Peter Arcidiacono, Patrick Bayer, Federico A. Bugni, and Jonathan James #17890 (IO LS PE TWP) - Vertical Integration and Market Structure
Timothy F. Bresnahan and Jonathan D. Levin #17889 (IO PR CF) - Why Don't Women Patent?
Jennifer Hunt, Jean-Philippe Garant, Hannah Herman, and David J. Munroe #17888 (LS PR) - A Fair and Impartial Jury? The Role of Age in Jury Selection and Trial Outcomes
Shamena Anwar, Patrick Bayer, and Randi Hjalmarsson #17887 (AG LE LS PE) - Heterogeneity in Target-Date Funds and the Pension Protection Act of 2006
Pierluigi Balduzzi and Jonathan Reuter #17886 (AG IO) - The Barnett Critique After Three Decades: A New Keynesian Analysis
Michael T. Belongia and Peter N. Ireland #17885 (ME) - Fiscal Rules: Theoretical Issues and Historical Experiences
Charles Wyplosz #17884 (IFM) - You Can Pick Your Friends, But You Need to Watch Them: Loan Screening and Enforcement in a Referrals Field Experiment
Gharad T. Bryan, Dean Karlan, and Jonathan Zinman #17883 (CF LE LS) - Estimating Loan-to-Value and Foreclosure Behavior
Arthur Korteweg and Morten Sorensen #17882 (PE) - Can Public Sector Wage Bills Be Reduced?
Pïerre Cahuc and Stephane Carcillo #17881 (PE) - Business Cycles and Household Formation: The Micro vs the Macro Labor Elasticity
Sebastian Dyrda, Greg Kaplan, and José-Víctor Ríos-Rull #17880 (EFG LS) - Engines of Growth: Farm Tractors and Twentieth-Century U.S. Economic Welfare
Richard H. Steckel and William J. White #17879 (DAE PR) - Prices versus Quantities versus Bankable Quantities
Harrison Fell, Ian A. MacKenzie, and William A. Pizer #17878 (EEE) - Does the Current Account Still Matter?
Maurice Obstfeld #17877 (EFG IFM ITI) - Dynamic Adverse Selection: A Theory of Illiquidity, Fire Sales, and Flight to Quality
Veronica Guerrieri and Robert Shimer #17876 (AP EFG) - Are Chinese Trade Flows Different?
Yin-Wong Cheung, Menzie D. Chinn, and XingWang Qian #17875 (IFM)
Week of February 27, 2012
- Private Equity Performance: What Do We Know?
Robert S. Harris, Tim Jenkinson, and Steven N. Kaplan #17874 (AP CF) - Follow the Money: Quantifying Domestic Effects of Foreign Bank Shocks in the Great Recession
Nicola Cetorelli and Linda S. Goldberg #17873 (IFM - International Consumption Risk Is Shared After All: An Asset Return View
Karen K. Lewis and Edith X. Liu #17872 (AP EFG IFM) - Right-Wing Political Extremism in the Great Depression
Alan de Bromhead, Barry Eichengreen, and Kevin H. O'Rourke #17871 (DAE IFM) - Effects of Medicare Payment Reform: Evidence from the Home Health Interim and Prospective Payment Systems
Peter J. Huckfeldt, Neeraj Sood, José J Escarce, David C. Grabowski, and Joseph P. Newhouse #17870 (HC HE) - Culture and the Historical Process
Nathan Nunn #17869 (DAE POL) - Crisis-Related Shifts in the Market Valuation of Banking Activities
Charles W. Calomiris and Doron Nissim #17868 (CF) - Financing-Motivated Acquisitions
Isil Erel, Yeejin Jang, and Michael S. Weisbach #17867 (CF) - The Decision to Delay Social Security Benefits: Theory and Evidence
John B. Shoven and Sita Nataraj Slavov #17866 (AG) - Stimulating Demand for AIDS Prevention: Lessons from the RESPECT Trial
Damien de Walque, William H. Dow, Carol Medlin, and Rose Nathan #17865 (HE) - International Trade: Linking Micro and Macro
Jonathan Eaton, Samuel S. Kortum, and Sebastian Sotelo #17864 (ITI PR) - Financial Sophistication in the Older Population
Annamaria Lusardi, Olivia S. Mitchell, and Vilsa Curto #17863 (AG LS PE) - How Do Laffer Curves Differ Across Countries?
Mathias Trabandt and Harald Uhlig #17862 (EFG) - Does Generosity Beget Generosity? Alumni Giving and Undergraduate Financial Aid
Jonathan Meer and Harvey S. Rosen #17861 (ED PE) - The Incentive Effects of Marginal Tax Rates: Evidence from the Interwar Era
Christina D. Romer and David H. Romer #17860 (DAE EFG ME PE) - Do College-Prep Programs Improve Long-Term Outcomes?
C. Kirabo Jackson #17859 (CH ED LS PE) - Repossession and the Democratization of Credit
Juliano J. Assunção, Efraim Benmelech, and Fernando S. S. Silva #17858 (CF LE ME) - Insurance as Delegated Purchasing: Theory and Evidence from Health Care
Robin McKnight, Jonathan Reuter, and Eric Zitzewitz #17857 (AG HC HE) - Equity-Holding Institutional Lenders: Do they Receive Better Terms?
Jongha Lim, Bernadette A. Minton, and Michael S. Weisbach #17856 (CF) - Toward an Understanding of Why People Discriminate: Evidence from a Series of Natural Field Experiments
Uri Gneezy, John List, and Michael K. Price #17855 (EEE IO LS) - Boundedly Rational Dynamic Programming: Some Preliminary Results
Xavier Gabaix #17783 (AG EFG )
Week of February 20, 2012
- Macroeconomic Effects of Corporate Default Crises: A Long-Term Perspective
Kay Giesecke, Francis A. Longstaff, Stephen Schaefer, and Ilya Strebulaev #17854 (AP CF DAE EFG) - The Slow Growth of New Plants: Learning about Demand?
Lucia Foster, John C. Haltiwanger, and Chad Syverson #17853 (EFG IO PR) - Big BRICs, Weak Foundations: The Beginning of Public Elementary Education in Brazil, Russia, India, and China
Latika Chaudhary, Aldo Musacchio, Steven Nafziger, and Se Yan #17852 (DAE) - Challenges in Banking the Rural Poor: Evidence from Kenya's Western Province
Pascaline Dupas, Sarah Green, Anthony Keats, and Jonathan Robinson #17851 (CH) - Management Practices Across Firms and Countries
Nicholas Bloom, Christos Genakos, Raffaella Sadun, and John Van Reenen #17850 (EFG HE IO LS PE PR) - Brand Management and Strategies Against Counterfeits
Yi Qian #17849 (IO LE PR) - The "Out of Sample" Performance of Long-run Risk Models
Wayne E. Ferson, Suresh K. Nallareddy, and Biqin Xie #17848 (AP) - Vote Trading With and Without Party Leaders
Alessandra Casella, Thomas Palfrey, and Sébastien Turban #17847 (POL) - Who Lives in the C-Suite? Organizational Structure and the Division of Labor in Top Management
Maria Guadalupe, Hongyi Li, and Julie Wulf #17846 (CF LS PR) - The SO2 Allowance Trading System and the Clean Air Act Amendments of 1990: Reflections on Twenty Years of Policy Innovation
Gabriel Chan, Robert Stavins, Robert Stowe, and Richard Sweeney #17845 (EEE IO PE POL) - Uncertain Fiscal Consolidations
Huixin Bi, Eric M. Leeper, and Campbell B. Leith #17844 (EFG) - Small Cues Change Savings Choices
James J. Choi, Emily Haisley, Jennifer Kurkoski, and Cade Massey #17843 (AG AP PE) - The Causal Effects of an Industrial Policy
Chiara Criscuolo, Ralf Martin, Henry Overman, and John Van Reenen #17842 (IO LS PE PR) - From Growth to Green Growth - a Framework
Stéphane Hallegatte, Geoffrey Heal, Marianne Fay, and David Treguer #17841 (EEE EFG)
Week of February 13, 2012
- Preferential Trade Agreements and the World Trade System: A Multilateralist View
Pravin Krishna #17840 (ITI) - U.S. International Equity Investment
John Ammer, Sara B. Holland, David C. Smith, and Francis E. Warnock #17839 (IFM) - Are Banks Passive Liquidity Backstops? Deposit Rates and Flows during the 2007-2009 Crisis
Viral V. Acharya and Nada Mora #17838 (CF ME) - The Households Effects of Government Consumption
Francesco Giavazzi and Michael McMahon #17837 (IFM) - Ben Bernanke and the Zero Bound
Laurence M. Ball #17836 (EFG ME) - Gold Standard Gravity
James E. Anderson and Yoto V. Yotov #17835 (ITI) - Student Aid Simplification: Looking Back and Looking Ahead
Susan Dynarski and Mark Wiederspan #17834 (CH ED PE) - Signalling, Incumbency Advantage, and Optimal Reelection Thresholds
Francesco Caselli, Thomas E. Cunningham, Massimo Morelli, and Inés Moreno de Barreda #17833 (PE POL) - Credit Supply and House Prices: Evidence from Mortgage Market Segmentation
Manuel Adelino, Antoinette Schoar, and Felipe Severino #17832 (AP CF) - Resolving Debt Overhang: Political Constraints in the Aftermath of Financial Crises
Atif R. Mian, Amir Sufi, and Francesco Trebbi #17831 (CF EFG POL) - What explains high unemployment? The aggregate demand channel
Atif R. Mian and Amir Sufi #17830 (CF EFG ME) - Wintertime for Deceptive Advertising?
Jonathan Zinman and Eric Zitzewitz #17829 (LE) - China’s Financial System: Opportunities and Challenges
Franklin Allen, Jun “QJ†Qian, Chenying Zhang, and Mengxin Zhao #17828 (CF) - Does Federal Student Aid Raise Tuition? New Evidence on For-Profit Colleges
Stephanie Riegg Cellini and Claudia Goldin #17827 (DAE ED PE) - China's Potential Future Growth and Gains from Trade Policy Bargaining: Some Numerical Simulation Results
Chunding Li and John Whalley #17826 (ITI) - Raising the Barcode Scanner: Technology and Productivity in the Retail Sector
Emek Basker #17825 (IO PR) - Were They Prepared for Retirement? Financial Status at Advanced Ages in the HRS and AHEAD Cohorts
James M. Poterba, Steven F. Venti, and David A. Wise #17824 (AG) - Practical Monetary Policy: Examples from Sweden and the United States
Lars E.O. Svensson #17823 (ME) - Does Macro-Pru Leak? Evidence from a UK Policy Experiment
Shekhar Aiyar, Charles W. Calomiris, and Tomasz Wieladek #17822 (CF EFG ME) - Numeracy, financial literacy, and financial decision-making
Annamaria Lusardi #17821 (AG) - What Does Human Capital Do? A Review of Goldin and Katz's The Race between Education and Technology
Daron Acemoglu and David Autor #17820 (ED)
Week of February 6, 2012
- Measuring the Upstreamness of Production and Trade Flows
Pol Antràs, Davin Chor, Thibault Fally, and Russell Hillberry #17819 (IO ITI) - Drawn into Violence: Evidence on 'What Makes a Criminal' from the Vietnam Draft Lotteries
Jason M. Lindo and Charles F. Stoecker #17818 ( PE) - Optimal Asset Taxes in Financial Markets with Aggregate Uncertainty
Florian Scheuer #17817 (PE) - Plant-level Productivity and Imputation of Missing Data in U.S. Census Manufacturing Data
T. Kirk White, Jerome P. Reiter, and Amil Petrin #17816 (PR) - Noisy Information, Distance and Law of One Price Dynamics Across US Cities
Mario J. Crucini, Mototsugu Shintani, and Takayuki Tsuruga #17815 (IFM) - Accounting for Real Exchange Rates Using Micro-data
Mario J. Crucini and Anthony Landry #17812 (IFM ITI) - Information Constraints and Financial Aid Policy
Judith Scott-Clayton #17811 (ED) - When is it Optimal to Delegate: The Theory of Fast-track Authority
Levent Celik, Bilgehan Karabay, and John McLaren #17810 (ITI POL) - Interjurisdictional Housing Prices and Spatial Amenities: Which Measures of Housing Prices Reflect Local Public Goods?
H. Spencer Banzhaf and Omar Farooque #17809 (EEE PE) - Voting Rights, Share Concentration, and Leverage at Nineteenth-Century US Banks
Howard Bodenhorn #17808 (DAE) - Liquidity Constraints and Consumer Bankruptcy: Evidence from Tax Rebates
Tal Gross, Matthew J. Notowidigdo, and Jialan Wang #17807 (PE) - Trilemma Policy Convergence Patterns and Output Volatility
Joshua Aizenman and Hiro Ito #17806 (IFM ITI) - The Firm-Level Credit Multiplier
Murillo Campello and Dirk Hackbarth #17805 (CF) - Behind the GATE Experiment: Evidence on Effects of and Rationales for Subsidized Entrepreneurship Training
Robert W. Fairlie, Dean Karlan, and Jonathan Zinman #17804 (LE LS PE) - Estimating the Effect of Leaders on Public Sector Productivity: The Case of School Principals
Gregory F. Branch, Eric A. Hanushek, and Steven G. Rivkin #17803 (CH ED LS PE) - Moral Hazard in Health Insurance: How Important Is Forward Looking Behavior?
Aviva Aron-Dine, Liran Einav, Amy Finkelstein, and Mark R. Cullen #17802 (AG HC IO PE) - The Sahel's Silent Maize Revolution: Analyzing Maize Productivity in Mali at the Farm-level
Jeremy D. Foltz, Ursula T. Aldana, and Paul Laris #17801 (PR) - The Collapse of the Soviet Union and the Productivity of American Mathematicians
George J. Borjas and Kirk B. Doran #17800 (LS) - Understanding the Democratic Transition in South Africa
Robert P. Inman and Daniel L. Rubinfeld #17799 (PE POL) - Inflation and Individual Equities
Andrew Ang, Marie Brière, and Ombretta Signori #17798 (AP) - Does Shareholder Proxy Access Improve Firm Value? Evidence from the Business Roundtable Challenge
Bo Becker, Daniel Bergstresser, and Guhan Subramanian #17797 (CF)
Week of January 30, 2012
- Nominal Stability and Financial Globalization
Michael B. Devereux, Alan Sutherland, and Ozge Senay #17796 (IFM) - Growth Opportunities, Technology Shocks, and Asset Prices
Leonid Kogan and Dimitris Papanikolaou #17795 (AP) - Aiding Conflict: The Impact of U.S. Food Aid on Civil War
Nathan Nunn and Nancy Qian #17794 (DAE EFG ITI PE POL) - Why are Some Regions More Innovative than Others? The Role of Firm Size Diversity
Ajay K. Agrawal, Iain M. Cockburn, Alberto Galasso, and Alexander Oettl #17793 (PR) - Technology Variation vs. R&D Uncertainty: What Matters Most for Energy Patent Success?
David Popp, Nidhi Santen, Karen Fisher-Vanden, and Mort Webster #17792 (EEE PR) - Confronting Model Misspecification in Macroeconomics
Daniel F. Waggoner and Tao Zha #17791 (EFG ME) - Trade and Investment under Policy Uncertainty: Theory and Firm Evidence
Kyle Handley and Nuno Limão #17790 (IFM ITI POL) - The Double Facetted Nature of Health Investments - Implications for Equilibrium and Stability in a Demand-for-Health Framework
Kristian Bolin and Bjorn Lindgren #17789 (HE) - Investment and Growth in Rich and Poor Countries
Yin-Wong Cheung, Michael P. Dooley, and Vladyslav Sushko #17788 (IFM) - Government Spending and Private Activity
Valerie A. Ramey #17787 (EFG ME) - Positive and Negative Mental Health Consequences of Early Childhood Television Watching
Michael Waldman, Sean Nicholson, and Nodir Adilov #17786 (HC HE) - Alternative Cash Transfer Delivery Mechanisms: Impacts on Routine Preventative Health Clinic Visits in Burkina Faso
Richard Akresh, Damien de Walque, and Harounan Kazianga #17785 (HE) - De Gustibus non est Taxandum: Theory and Evidence on Preference Heterogeneity and Redistribution
Benjamin B. Lockwood and Matthew C. Weinzierl #17784 (PE) - Recruiting Intensity during and after the Great Recession: National and Industry Evidence
Steven J. Davis, R. Jason Faberman, and John C. Haltiwanger #17782 (EFG LS) - Child Gender And Parental Investments In India: Are Boys And Girls Treated Differently?
Silvia H. Barcellos, Leandro Carvalho, and Adriana Lleras-Muney #17781 (CH HE LS) - Macroprudential Policies in Open Emerging Economies
Joon-Ho Hahm, Frederic S. Mishkin, Hyun Song Shin, and Kwanho Shin #17780 (EFG ME) - Is Labor Supply Important for Business Cycles?
Per Krusell, Toshihiko Mukoyama, Richard Rogerson, and Ayşegül Şahin #17779 (EFG) - Aggregate Implications of a Credit Crunch
Francisco J. Buera and Benjamin Moll #17775 (EFG) - Measured Aggregate Gains from International Trade
Ariel Burstein and Javier Cravino #17767 (EFG ITI) - The Impact of Foreign Liabilities on Small Firms: Firm-Level Evidence from the Korean Crisis
Yun Jung Kim, Linda Tesar, and Jing Zhang #17756 (IFM)
Week of January 23, 2012
- Getting up to Speed on the Financial Crisis: A One-Weekend-Reader's Guide
Gary B. Gorton and Andrew Metrick #17778 (AP CF ME) - The Safe-Asset Share
Gary B. Gorton, Stefan Lewellen, and Andrew Metrick #17777 (AP CF ME) - Valuing the Vote: The Redistribution of Voting Rights and State Funds Following the Voting Rights Act of 1965
Elizabeth U. Cascio and Ebonya L. Washington #17776 (DAE ED POL) - Child Care Subsidies, Maternal Well-Being, and Child-Parent Interactions: Evidence from Three Nationally Representative Datasets
Chris M. Herbst and Erdal Tekin #17774 (CH HE) - Recent Research on the Economics of Patents
Bronwyn H. Hall and Dietmar Harhoff #17773 (LE PR) - Identification and Estimation of Gaussian Affine Term Structure Models
James D. Hamilton and Jing Cynthia Wu #17772 (AP ME) - Collateral Crises
Gary B. Gorton and Guillermo Ordonez #17771 (AP CF ME) - Importing Corruption Culture from Overseas: Evidence from Corporate Tax Evasion in the United States
Jason M. DeBacker, Bradley T. Heim, and Anh Tran #17770 (CF ITI LE PE POL) - Technological Innovation, Resource Allocation, and Growth
Leonid Kogan, Dimitris Papanikolaou, Amit Seru, and Noah Stoffman #17769 (AP CF EFG ME PR) - Sizing Up Repo
Arvind Krishnamurthy, Stefan Nagel, and Dmitry Orlov #17768 (AP CF ME) - Is There an Energy Efficiency Gap?
Hunt Allcott and Michael Greenstone #17766 (EEE PE) - On the Optimal Burden of Proof
Louis Kaplow #17765 (LE) - Is Tanzania a Success Story? A Long Term Analysis
Sebastian Edwards #17764 (IFM) - How Firms Use Domestic and International Corporate Bond Markets
Juan Carlos Gozzi, Ross Levine, Maria Soledad Martinez Peria, and Sergio L. Schmukler #17763 (CF IFM ITI) - Do Consumers Exploit Precommitment Opportunities? Evidence from Natural Experiments Involving Liquor Consumption
B. Douglas Bernheim, Jonathan Meer, and Neva K. Novarro #17762 (PE) - Salience in Experimental Tests of the Endowment Effect
Pedro Bordalo, Nicola Gennaioli, and Andrei Shleifer #17761 (AP CF) - The Corporation in Finance
Raghuram Rajan #17760 (CF IO LE PR) - Oil Prices, Exhaustible Resources, and Economic Growth
James D. Hamilton #17759 (EEE EFG) - Time as a Trade Barrier
David Hummels and Georg Schaur #17758 (ITI) - Economics and Climate Change: Integrated Assessment in a Multi-Region World
John Hassler and Per Krusell #17757 (EEE EFG PE) - Identification of Preferences and Evaluation of Income Tax Policy
Charles F. Manski #17755 (LS PE) - Impacts of Unionization on Employment, Product Quality and Productivity: Regression Discontinuity Evidence From Nursing Homes
Aaron J. Sojourner, Robert J. Town, David C. Grabowski, and Michelle M. Chen #17733 (HC LS)
Week of January 16, 2012
- Shanghai’s Trade, China’s Growth: Continuity, Recovery, and Change since the Opium War
Wolfgang Keller, Ben Li, and Carol H. Shiue #17754 (DAE IFM ITI POL) - How is Tax Policy Conducted over the Business Cycle?
Carlos A. Vegh and Guillermo Vuletin #17753 (IFM) - Aligning Student, Parent, and Teacher Incentives: Evidence from Houston Public Schools
Roland G. Fryer, Jr #17752 (ED LS) - International Capital Flows and House Prices: Theory and Evidence
Jack Favilukis, David Kohn, Sydney C. Ludvigson, and Stijn Van Nieuwerburgh #17751 (AP) - The Effect of Pharmaceutical Innovation on the Functional Limitations of Elderly Americans Evidence from the 2004 National Nursing Home Survey
Frank R. Lichtenberg #17750 (HC HE PR) - The Nixon Shock after Forty Years: The Import Surcharge Revisited
Douglas A. Irwin #17749 (ITI) - Health Reform, Health Insurance, and Selection: Estimating Selection into Health Insurance Using the Massachusetts Health Reform
Martin B. Hackmann, Jonathan T. Kolstad, and Amanda E. Kowalski #17748 (AG HC PE) - How Will Energy Demand Develop in the Developing World?
Catherine Wolfram, Orie Shelef, and Paul J. Gertler #17747 (EEE IO) - Directed Search over the Life Cycle
Guido Menzio, Irina A. Telyukova, and Ludo Visschers #17746 (EFG - Does Linking Worker Pay to Firm Performance Help the Best Firms Do Even Better?
Douglas L. Kruse, Joseph R. Blasi, and Richard B. Freeman #17745 (LS) - What Explains Trends in Labor Supply Among U.S. Undergraduates, 1970-2009?
Judith Scott-Clayton #17744 (ED LS) - The Diffusion of Microfinance
Abhijit Banerjee, Arun G. Chandrasekhar, Esther Duflo, and Matthew O. Jackson #17743 (TWP) - An Equilibrium Asset Pricing Model with Labor Market Search
Lars-Alexander Kuehn, Nicolas Petrosky-Nadeau, and Lu Zhang #17742 (AP EFG LS) - Costly Blackouts? Measuring Productivity and Environmental Effects of Electricity Shortages
Karen Fisher-Vanden, Erin T. Mansur, and Qiong (Juliana) Wang #17741 (EEE PR) - The Housing Wealth Effect: The Crucial Roles of Demographics, Wealth Distribution and Wealth Shares
Charles W. Calomiris, Stanley D. Longhofer, and William Miles #17740 (DAE) - Demand and Reimbursement Effects of Healthcare Reform: Health Care Utilization and Infant Mortality in Thailand
Jonathan Gruber, Nathaniel Hendren, and Robert Townsend #17739 (HE) - Estimating Trade Elasticities: Demand Composition and the Trade Collapse of 2008-09
Matthieu Bussière, Giovanni Callegari, Fabio Ghironi, Giulia Sestieri, and Norihiko Yamano #17712 (IFM ITI)
Week of January 9, 2012
- Education and Health: Insights from International Comparisons
David M. Cutler and Adriana Lleras-Muney #17738 (AG HC) - Hey Look at Me: The Effect of Giving Circles on Giving
Dean Karlan and Margaret A. McConnell #17737 (LS PE) - Inconsistent Regulators: Evidence From Banking
Sumit Agarwal, David Lucca, Amit Seru, and Francesco Trebbi #17736 (CF ME POL) - Technology and the Changing Family: A Unified Model of Marriage, Divorce, Educational Attainment and Married Female Labor-Force Participation
Jeremy Greenwood, Nezih Guner, Georgi Kocharkov, and Cezar Santos #17735 (EFG) - Climate Change, Crop Yields, and Internal Migration in the United States
Shuaizhang Feng, Michael Oppenheimer, and Wolfram Schlenker #17734 (EEE) - Does Transparency Reduce Favoritism and Corruption? Evidence from the Reform of Figure Skating Judging
Eric Zitzewitz #17732 (LE) - Foreign Corporations and the Culture of Transparency: Evidence from Russian Administrative Data
Serguey Braguinsky and Sergey V. Mityakov #17731 (CF PE POL) - Land Use Controls and the Provision of Education
Eric A. Hanushek and Kuzey Yilmaz #17730 (CH ED LS PE) - Who Shrunk China? Puzzles in the Measurement of Real GDP
Robert C. Feenstra, Hong Ma, J. Peter Neary, and D.S. Prasada Rao #17729 (ITI) - Contractual Versus Non-Contractual Trade: The Role of Institutions in China
Robert C. Feenstra, Chang Hong, Hong Ma, and Barbara J. Spencer #17728 (ITI) - Affirmative Action in Higher Education in India: Targeting, Catch Up, and Mismatch at IIT-Delhi
Verónica C. Frisancho Robles and Kala Krishna #17727 (ED LS) - Labor Supply of Politicians
Raymond Fisman, Nikolaj A. Harmon, Emir Kamenica, and Inger Munk #17726 (LS POL) - A Structural Model of Demand, Cost, and Export Market Selection for Chinese Footwear Producers
Mark J. Roberts, Daniel Yi Xu, Xiaoyan Fan, and Shengxing Zhang #17725 (IO ITI PR) - Reducing Petroleum Consumption from Transportation
Christopher R. Knittel #17724 (EEE IO PE) - The Housing Market(s) of San Diego
Tim Landvoigt, Monika Piazzesi, and Martin Schneider #17723 (AP EFG ME) - Do High-School Teachers Really Matter?
C. Kirabo Jackson #17722 (CH ED LS PE) - Adjusting to Really Big Changes: The Labor Market in China, 1989-2009
Wei Chi, Richard B. Freeman, and Hongbin Li #17721 (LS) - The Effect of Providing Breakfast on Student Performance: Evidence from an In-Class Breakfast Program
Scott A. Imberman and Adriana D. Kugler #17720 (CH ED HE LS) - The Long-Term Impacts of Teachers: Teacher Value-Added and Student Outcomes in Adulthood
Raj Chetty, John N. Friedman, and Jonah E. Rockoff #17699 (ED LS PE CH)
Week of January 2, 2012
- The Real Effects of Financial Markets
Philip Bond, Alex Edmans, and Itay Goldstein #17719 (AP CF LE) - Rural Demography, Public Services and Land Rights in Africa: A Village-Level Analysis in Burkina Faso
Margaret S. McMillan, William A. Masters, and Harounan Kazianga #17718 (HE PE) - Resource Allocation within Firms and Financial Market Dislocation: Evidence from Diversified Conglomerates
Gregor Matvos and Amit Seru #17717 (CF EFG IO ME PR) - Trade And Industrialisation After Globalisation’s 2nd Unbundling: How Building And Joining A Supply Chain Are Different And Why It Matters
Richard Baldwin #17716 (ITI) - The Effects of California’s Paid Family Leave Program on Mothers’ Leave-Taking and Subsequent Labor Market Outcomes
Maya Rossin-Slater, Christopher J. Ruhm, and Jane Waldfogel #17715 (CH LS PE) - Human Capital Risk, Contract Enforcement, and the Macroeconomy
Tom Krebs, Moritz Kuhn, and Mark L. J. Wright #17714 (EFG) - Fasting During Pregnancy and Children's Academic Performance
Douglas Almond, Bhashkar Mazumder, and Reyn van Ewijk #17713 (AG CH ED HE) - Intermediaries in International Trade: Direct versus indirect modes of export
Andrew B. Bernard, Marco Grazzi, and Chiara Tomasi #17711 (ITI) - The For-Profit Postsecondary School Sector: Nimble Critters or Agile Predators?
David J. Deming, Claudia Goldin, and Lawrence F. Katz #17710 (CH ED LS) - The Virtuous Tax: Lifesaving and Crime-Prevention Effects of the 1991 Federal Alcohol-Tax Increase
Philip J. Cook and Christine Piette Durrance #17709 (HE PE) - Multilateral Economic Cooperation and the International Transmission of Fiscal Policy
Giancarlo Corsetti and Gernot J. Müller #17708 (IFM) - Organization of Disaster Aid Delivery: Spending Your Donations
J. Vernon Henderson and Yong Suk Lee #17707 (PE) - Export Prices of U.S. Firms
James Harrigan, Xiangjun Ma, and Victor Shlychkov #17706 (ITI) - The Competitiveness Impacts of Climate Change Mitigation Policies
Joseph E. Aldy and William A. Pizer #17705 (EEE ITI) - Children’s Schooling and Parents’ Investment in Children: Evidence from the Head Start Impact Study
Alexander M. Gelber and Adam Isen #17704 (CH ED LS PE) - Does Retiree Health Insurance Encourage Early Retirement?
Steven Nyce, Sylvester Schieber, John B. Shoven, Sita Slavov, and David A. Wise #17703 (AG) - Women Empowerment and Economic Development
Esther Duflo #17702 (CH)
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