NBER (National Bureau of Economic Research) - Working Papers
Week of December 29, 2014
- Intellectual Property Rights and Access to Innovation: Evidence from TRIPS
Margaret Kyle and Yi Qian #20799 (PR) - Bias in Cable News: Real Effects and Polarization
Gregory J. Martin and Ali Yurukoglu #20798 (IO POL) - How Much Energy Do Building Energy Codes Really Save? Evidence from California
Arik Levinson #20797 (EEE) - Forward Guidance
Lars E.O. Svensson #20796 (EFG IFM ME) - Inferring Carbon Abatement Costs in Electricity Markets: A Revealed Preference Approach using the Shale Revolution
Joseph A. Cullen and Erin T. Mansur #20795 (EEE) - How financially literate are women? An overview and new insights
Tabea Bucher-Koenen, Annamaria Lusardi, Rob Alessie, and Maarten van Rooij #20793 (AG) - Charters Without Lotteries: Testing Takeovers in New Orleans and Boston
Atila Abdulkadiroğlu, Joshua D. Angrist, Peter D. Hull, and Parag A. Pathak #20792 (CH ED LS PE) - Are the World's Poorest Being Left Behind?
Martin Ravallion #20791 (DEV) - Geography, Policy, or Productivity? Regional Trade in five South American Countries, 1910-1950
Marc Badia-Miró, Anna Carreras-Marín, and Christopher M. Meissner #20790 (DAE) - Sources of Geographic Variation in Health Care: Evidence from Patient Migration
Amy Finkelstein, Matthew Gentzkow, and Heidi Williams #20789 (AG HC IO LS PE PR) - Gender
Muriel Niederle #20788 (CH ED LS) - Universal Gravity
Treb Allen, Costas Arkolakis, and Yuta Takahashi #20787 (ITI) - The Long and the Short of It: Sovereign Debt Crises and Debt Maturity
Raquel Fernández and Alberto Martin #20786 (EFG IFM) - Are Patent Fees Effective at Weeding out Low-quality Patents?
Gaétan de Rassenfosse and Adam B. Jaffe #20785 (PR) - Education, HIV, and Early Fertility: Experimental Evidence from Kenya
Esther Duflo, Pascaline Dupas, and Michael Kremer #20784 (CH DEV ED) - Inter-temporal R&D and Capital Investment Portfolios for the Electricity Industry's Low Carbon Future
Nidhi R. Santen, Mort D. Webster, David Popp, and Ignacio Pérez-Arriaga #20783 (EEE) - Sequential Markets, Market Power and Arbitrage
Koichiro Ito and Mar Reguant #20782 (EEE IO)
Week of December 22, 2014
- Group-Average Observables as Controls for Sorting on Unobservables When Estimating Group Treatment Effects: the Case of School and Neighborhood Effects
Joseph G. Altonji and Richard K. Mansfield #20781 (CH ED LS) - A Variational Approach to the Analysis of Tax Systems
Mikhail Golosov, Aleh Tsyvinski, and Nicolas Werquin #20780 (EFG PE) - Marginal Pricing and Student Investment in Higher Education
Steven W. Hemelt and Kevin M. Stange #20779 (ED LS PE) - Reservation Prices: An Economic Analysis of Cigarette Purchases on Indian Reservations
Philip DeCicca, Donald S. Kenkel, and Feng Liu #20778 (HE) - The Rise and Fall of Demand for Securitizations
Sergey Chernenko, Samuel G. Hanson, and Adi Sunderam #20777 (AP CF) - Option-Based Credit Spreads
Christopher L. Culp, Yoshio Nozawa, and Pietro Veronesi #20776 (AP CF) - Demand Analysis using Strategic Reports: An application to a school choice mechanism
Nikhil Agarwal and Paulo Somaini #20775 (ED IO) - College Admissions as Non-Price Competition: The Case of South Korea
Christopher Avery, Soohyung Lee, and Alvin E. Roth #20774 (ED) - External Validity in Fuzzy Regression Discontinuity Designs
Marinho Bertanha and Guido W. Imbens #20773 (CH DEV ED HC IO LS PE) - The Margins of Global Sourcing: Theory and Evidence from U.S. Firms
Pol Antrà s, Teresa C. Fort, and Felix Tintelnot #20772 (IO ITI) - Betting the House
Ãscar Jordà , Moritz HP. Schularick, and Alan M. Taylor #20771 (AP DAE IFM ME) - Nominal Wage Rigidity in Village Labor Markets
Supreet Kaur #20770 (DEV EFG LS ME) - The Risky Capital of Emerging Markets
Joel M. David, Espen Henriksen, and Ina Simonovska #20769 (AP DEV EFG IFM ITI PR) - Best Prices: Price Discrimination and Consumer Substitution
Judith A. Chevalier and Anil K Kashyap #20768 (IO ME PR) - An Empirical Model of the Medical Match
Nikhil Agarwal #20767 (HC IO LS) - The Rise and Decline of General Laws of Capitalism
Daron Acemoglu and James A. Robinson #20766 (EFG LS PE POL) - Racial Differences in Health in Long-Run Perspective: A Brief Introduction
Leah Boustan and Robert A. Margo #20765 (DAE) - The Impact of Education on Health and Health Behavior in a Middle-Income, Low-Education Country
Resul Cesur, Bahadir Dursun, and Naci Mocan #20764 (CH DEV ED HE PE) - Medium-Term Health Impacts of Shocks Experienced In Utero and After Birth: Evidence from Detailed Geographic Information on War Exposure
Richard Akresh, German Daniel Caruso, and Harsha Thirumurthy #20763 (CH DEV HE) - Race, Ethnicity and High-Cost Mortgage Lending
Patrick Bayer, Fernando Ferreira, and Stephen L. Ross #20762 (AP PE) - Women Helping Women? Evidence from Private Sector Data on Workplace Hierarchies
Astrid Kunze and Amalia R. Miller #20761 (LE LS) - Competition and Bank Opacity
Liangliang Jiang, Ross Levine, and Chen Lin #20760 (CF) - Unilateral Facilitation Does Not Raise International Labor Migration from the Philippines
Emily Beam, David McKenzie, and Dean Yang #20759 (DEV) - Does the Geographic Expansion of Bank Assets Reduce Risk?
Martin Goetz, Luc Laeven, and Ross Levine #20758 (CF EFG IFM) - Early Health Shocks, Intrahousehold Resource Allocation, and Child Outcomes
Junjian Yi, James J. Heckman, Junsen Zhang, and Gabriella Conti #20757 (CH HE) - Retirement Timing of Women and the Role of Care Responsibilities for Grandchildren
Robin L. Lumsdaine and Stephanie J.C. Vermeer #20756 (AG CH LS) - The Evolution of the Federal Reserve Swap Lines since 1962
Michael D. Bordo, Owen F. Humpage, and Anna J. Schwartz #20755 (DAE ME) - Accidental Environmentalists? Californian Demand for Teslas and Solar Panels
Magali A. Delmas, Matthew E. Kahn, and Stephen Locke #20754 (EEE PE) - To Cut or Not to Cut? On the Impact of Corporate Taxes on Employment and Income
Alexander Ljungqvist and Michael Smolyansky #20753 (EFG PE)
Week of December 15, 2014
- One Size does not Fit All: Multiple Dimensions of Ability, College Attendance and Wages
María F. Prada and Sergio S. Urzúa #20752 (ED LS) - Federal Transfer Multipliers. Quasi-Experimental Evidence from Brazil
Raphael Corbi, Elias Papaioannou, and Paolo Surico #20751 (EFG IFM POL) - Does the Environment Still Matter? Daily Temperature and Income in the United States
Tatyana Deryugina and Solomon M. Hsiang #20750 (DAE DEV EEE EFG) - Fostering and Measuring Skills: Improving Cognitive and Non-Cognitive Skills to Promote Lifetime Success
Tim Kautz, James J. Heckman, Ron Diris, Bas ter Weel, and Lex Borghans #20749 (CH ED) - Unemployment and Health Behaviors Over the Business Cycle: a Longitudinal View
Gregory Colman and Dhaval Dave #20748 (EFG HC HE LS) - A Simple Model of Optimal Deterrence and Incapacitation
Steven Shavell #20747 (LE) - Heterogeneity in Decentralized Asset Markets
Julien Hugonnier, Benjamin Lester, and Pierre-Olivier Weill #20746 (AP EFG ME) - Incidental Bequests: Bequest Motives and the Choice to Self-Insure Late-Life Risks
Lee M. Lockwood #20745 (AG PE) - Capital Share Risk and Shareholder Heterogeneity in U.S. Stock Pricing
Martin Lettau, Sydney C. Ludvigson, and Sai Ma #20744 (AP CF EFG) - Transition to Clean Technology
Daron Acemoglu, Ufuk Akcigit, Douglas Hanley, and William Kerr #20743 (EEE EFG IO PR) - Pareto and Piketty: The Macroeconomics of Top Income and Wealth Inequality
Charles I. Jones #20742 (EFG LS PE) - Sign Restrictions, Structural Vector Autoregressions, and Useful Prior Information
Christiane Baumeister and James D. Hamilton #20741 (EFG ME) - The Long Reach of Education: Early Retirement
Steven Venti and David A. Wise #20740 (AG) - Trade and Tasks: An Exploration over Three Decades in Germany
Sascha O. Becker and Marc-Andreas Muendler #20739 (ITI LS) - Does Front-Loading Taxation Increase Savings? Evidence from Roth 401(k) Introductions
John Beshears, James J. Choi, David Laibson, and Brigitte C. Madrian #20738 (AG) - Unprecedented Actions: The Federal Reserves Response to the Global Financial Crisis in Historical Perspective
Frederic S. Mishkin and Eugene N. White #20737 (DAE EFG ME)
Week of December 8, 2014
- What are the Headwaters of Formal Savings? Experimental Evidence from Sri Lanka
Michael Callen, Suresh De Mel, Craig McIntosh, and Christopher Woodruff #20736 ( DEV) - Revisiting the Classical View of Benefit-Based Taxation
Matthew Weinzierl #20735 ( PE) - What Do We Know About Evolution of Top Wealth Shares in the United States?
Wojciech Kopczuk #20734 ( AG DAE LS PE) - Household Wealth Trends in the United States, 1962-2013: What Happened over the Great Recession?
Edward N. Wolff #20733 ( LS PR) - Of Time and Space: Technological Spillovers among Patents and Unpatented Innovations during Early U.S. Industrialization
B. Zorina Khan #20732 ( DAE IO PR) - Inventing in the Shadow of the Patent System: Evidence from 19th-Century Patents and Prizes for Technological Innovations
B. Zorina Khan #20731 ( DAE PR) - Corporate Debt Structure and the Financial Crisis
Fiorella De Fiore and Harald Uhlig #20730 ( EFG) - The Generalized Informativeness Principle
Pierre Chaigneau, Alex Edmans, and Daniel Gottlieb #20729 ( CF LE LS) - Agglomeration: A Dynamic Approach
Walker Hanlon and Antonio Miscio #20728 ( DAE) - The Value of Smarter Teachers: International Evidence on Teacher Cognitive Skills and Student Performance
Eric A. Hanushek, Marc Piopiunik, and Simon Wiederhold #20727 ( CH ED LS) - The Real Effects of Capital Controls: Financial Constraints, Exporters, and Firm Investment
Laura Alfaro, Anusha Chari, and Fabio Kanczuk #20726 ( AP CF IFM ITI) - Growth, Slowdowns, and Recoveries
Francesco Bianchi and Howard Kung #20725 ( EFG ME) - The Minimum Wage and the Great Recession: Evidence of Effects on the Employment and Income Trajectories of Low-Skilled Workers
Jeffrey Clemens and Michael Wither #20724 ( LS PE) - Labor Market Effects of Intrauterine Exposure to Nutritional Deficiency: Evidence from Administrative Data on Muslim Immigrants in Denmark
Marie Louise Schultz-Nielsen, Erdal Tekin, and Jane Greve #20723 ( CH HE LS) - All or Nothing? The Impact of School and Classroom Gender Composition on Effort and Academic Achievement
Soohyung Lee, Lesley J. Turner, Seokjin Woo, and Kyunghee Kim #20722 ( CH ED LS PE) - A Taxonomy of Anomalies and their Trading Costs
Robert Novy-Marx and Mihail Velikov #20721 ( AP) - Accounting for Post-Crisis Inflation and Employment: A Retro Analysis
Chiara Fratto and Harald Uhlig #20707 ( EFG ME) - Momentum Trading, Return Chasing, and Predictable Crashes
Benjamin Chabot, Eric Ghysels, and Ravi Jagannathan #20660 ( AP)
Week of December 1, 2014
- Does Better Information Lead to Better Choices? Evidence from Energy-Efficiency Labels
Lucas W. Davis and Gilbert E. Metcalf #20720 ( EEE) - Government Spending Multipliers in Good Times and in Bad: Evidence from U.S. Historical Data
Valerie A. Ramey and Sarah Zubairy #20719 ( EFG ME) - Nudges and Learning: Evidence from Informational Interventions for Low-Income Taxpayers
Dayanand S. Manoli and Nicholas Turner #20718 ( PE) - Can Unemployment Insurance Spur Entrepreneurial Activity?
Johan Hombert, Antoinette Schoar, David Sraer, and David Thesmar #20717 ( CF) - Climate Change Adaptation: Lessons from Urban Economics
Matthew E. Kahn #20716 ( EEE PE) - A Phillips Curve with Anchored Expectations and Short-Term Unemployment
Laurence Ball and Sandeep Mazumder #20715 ( EFG ME) - How Does Peer Pressure Affect Educational Investments?
Leonardo Bursztyn and Robert Jensen #20714 ( CH ED LS PE) - The Economic Impact of Hurricane Katrina on its Victims: Evidence from Individual Tax Returns
Tatyana Deryugina, Laura Kawano, and Steven Levitt #20713 ( EEE PE) - Retail Financial Advice: Does One Size Fit All?
Stephen Foerster, Juhani T. Linnainmaa, Brian T. Melzer, and Alessandro Previtero #20712 ( AP) - Jumps in Bond Yields at Known Times
Don H. Kim and Jonathan H. Wright #20711 ( TWP) - House Prices, Local Demand, and Retail Prices
Johannes Stroebel and Joseph Vavra #20710 ( CF EFG IO LS ME) - Financing Smallholder Agriculture: An Experiment with Agent-Intermediated Microloans in India
Pushkar Maitra, Sandip Mitra, Dilip Mookherjee, Alberto Motta, and Sujata Visaria #20709 ( DEV) - The Impact of Health Insurance Expansion on Physician Treatment Choice: Medicare Part D and Physician Prescribing
Tianyan Hu, Sandra L. Decker, and Shin-Yi Chou #20708 ( HE) - The Perverse Impact of Calling for Energy Conservation
J. Scott Holladay, Michael K. Price, and Marianne Wanamaker #20706 ( EEE)
Week of November 24, 2014
- Resolving Intertemporal Conflicts: Economics vs Politics
Antony Millner and Geoffrey Heal #20705 (EEE PE POL) - Do Credit Market Shocks affect the Real Economy? Quasi-Experimental Evidence from the Great Recession and ‘Normal’ Economic Times
Michael Greenstone, Alexandre Mas, and Hoai-Luu Nguyen #20704 (CF EFG LS ME) - Inside and Outside Collateral: Implications for Financial Market Instability
Russell Cooper and Frédéric Boissay #20703 (EFG) - Extended Families and Child Well-being
Daniel LaFave and Duncan Thomas #20702 (DEV) - Public School Choice: An Economic Analysis
Levon Barseghyan, Damon Clark, and Stephen Coate #20701 (ED PE) - Do Funds Make More When They Trade More?
Lubos Pastor, Robert F. Stambaugh, and Lucian A. Taylor #20700 (AP CF) - Farms, Families, and Markets: New Evidence on Agricultural Labor Markets
Daniel LaFave and Duncan Thomas #20699 (DEV) - Employment Cyclicality and Firm Quality
Lisa B. Kahn and Erika McEntarfer #20698 (EFG LS) - Revealing Malfeasance: How Local Media Facilitates Electoral Sanctioning of Mayors in Mexico
Horacio A. Larreguy, John Marshall, and James M. Snyder, Jr. #20697 (DEV PE POL) - The Emotional Consequences of Donation Opportunities
Lara B. Aknin, Guy Mayraz, and John F. Helliwell #20696 (PE) - Toward an Understanding of Reference-Dependent Labor Supply: Theory and Evidence from a Field Experiment
Steffen Andersen, Alec Brandon, Uri Gneezy, and John A. List #20695 (LS) - Unemployment in the Great Recession: A Comparison of Germany, Canada and the United States
Florian Hoffmann and Thomas Lemieux #20694 (LS) - Central Bank Credibility, Reputation and Inflation Targeting in Historical Perspective
Michael Bordo and Pierre Siklos #20693 (DAE ME) - Are Public Sector Jobs Recession-Proof? Were They Ever?
Jason L. Kopelman and Harvey S. Rosen #20692 (PE) - A Welfare Criterion for Models with Distorted Beliefs
Markus K. Brunnermeier, Alp Simsek, and Wei Xiong #20691 (AP CF EFG PE) - Exporting and Firm Performance: Evidence from a Randomized Trial
David Atkin, Amit K. Khandelwal, and Adam Osman #20690 (DEV ITI) - Does Reading During the Summer Build Reading Skills? Evidence from a Randomized Experiment in 463 Classrooms
Jonathan Guryan, James S. Kim, and David M. Quinn #20689 (CH ED LS PE) - How Does Tax Progressivity and Household Heterogeneity Affect Laffer Curves?
Hans A. Holter, Dirk Krueger, and Serhiy Stepanchuk #20688 (EFG PE) - Is Government Spending at the Zero Lower Bound Desirable?
Florin O. Bilbiie, Tommaso Monacelli, and Roberto Perotti #20687 (ME PE)
Week of November 17, 2014
- Empirical Linkages between Good Government and National Well-being
John F. Helliwell, Haifang Huang, Shawn Grover, and Shun Wang #20686 (DEV PE POL) - Economic Development and the Effectiveness of Foreign Aid: A Historical Perspective
Sebastian Edwards #20685 (IFM) - Household Finance over the Life-Cycle: What does Education Contribute?
Russell Cooper and Guozhong Zhu #20684 (EFG) - New Linked Data on Research Investments: Scientific Workforce, Productivity, and Public Value
Julia Lane, Jason Owen-Smith, Rebecca Rosen, and Bruce Weinberg #20683 (LS PR) - A Comparison of New Factor Models
Kewei Hou, Chen Xue, and Lu Zhang #20682 (AP CF EFG IFM) - Homophily, Group Size, and the Diffusion of Political Information in Social Networks: Evidence from Twitter
Yosh Halberstam and Brian Knight #20681 (PE POL) - Subjective Beliefs, Deterrence, and the Propensity to Drive While Intoxicated
Yiqun Chen and Frank Sloan #20680 (HE) - Does Private Information Influence Automobile Insurance Purchase Decisions?
Frank A. Sloan, Patricia A. Robinson, and Lindsey M. Eldred #20679 (HE LE) - Prices, Consumption, and Dividends Over the Business Cycle: A Tale of Two Regimes
Anisha Ghosh and George M. Constantinides #20678 (AP) - Markets for Scientific Attribution
Joshua Gans and Fiona Murray #20677 (PR) - Financing Innovation
William R. Kerr and Ramana Nanda #20676 (CF PR) - The Road to Redemption: Policy Response to Crises in Latin America
Carlos A. Vegh and Guillermo Vuletin #20675 (IFM) - Does Uncertainty about Management Affect Firms’ Costs of Borrowing?
Yihui Pan, Tracy Yue Wang, and Michael S. Weisbach #20674 (AP CF) - Measuring the Sensitivity of Parameter Estimates to Sample Statistics
Matthew Gentzkow and Jesse M. Shapiro #20673 (CF IO ME PE TWP) - Raising Revenue by Limiting Tax Expenditures
Martin S. Feldstein #20672 (PE)
Week of November 10, 2014
- Seesaws and Social Security Benefits Indexing
Matthew Weinzierl #20671 (PE) - Unemployment and Innovation
Joseph E. Stiglitz #20670 (PR) - Social Investments, Informal Risk Sharing, and Inequality
Attila Ambrus, Arun G. Chandrasekhar, and Matt Elliott #20669 (DEV POL) - The Effect of High-Skilled Immigration on Patenting and Employment: Evidence from H-1B Visa Lotteries
Kirk Doran, Alexander Gelber, and Adam Isen #20668 (LS PE PR) - Does Management Matter in Schools
Nicholas Bloom, Renata Lemos, Raffaella Sadun, and John Van Reenen #20667 (DEV ED LS PR) - Whither News Shocks?
Robert B. Barsky, Susanto Basu, and Keyoung Lee #20666 (EFG ME) - The Power of the Street: Evidence from Egypt's Arab Spring
Daron Acemoglu, Tarek A. Hassan, and Ahmed Tahoun #20665 (AP CF DAE DEV EFG POL) - Intrinsic Motivation in Public Service: Theory and Evidence from State Supreme Courts
Elliott Ash and W. Bentley MacLeod #20664 (LE LS) - Trade Adjustment Dynamics and the Welfare Gains from Trade
George Alessandria, Horag Choi, and Kim Ruhl #20663 (IFM ITI) - Gray Matters: Fetal Pollution Exposure and Human Capital Formation
Prashant Bharadwaj, Matthew Gibson, Joshua Graff Zivin, and Christopher A. Neilson #20662 (CH EEE HE) - Does Conflict of Interest Lead to Biased Coverage? Evidence from Movie Reviews
Stefano DellaVigna and Johannes Hermle #20661 (CF IO LE LS PE POL) - One Step at a Time: The Effects of an Early Literacy Text Messaging Program for Parents of Preschoolers
Benjamin N. York and Susanna Loeb #20659 (CH HE ED) - The Cambridge History of "Capitalism"
Peter Temin #20658 (DAE) - Validating Teacher Effect Estimates Using Changes in Teacher Assignments in Los Angeles
Andrew Bacher-Hicks, Thomas J. Kane, and Douglas O. Staiger #20657 (CH ED LS PE) - Federal Reserve Policy and Bretton Woods
Michael D. Bordo and Owen F. Humpage #20656 (DAE ME) - Political Polarization, Anticipated Health Insurance Uptake and Individual Mandate: A view from the Washington State
Anirban Basu, Norma B. Coe, David E. Grembowski, and Larry Kessler #20655 (HC HE) - Is it all worth it? The experiences of new PhDs on the job market, 2007-2010
Brooke Helppie McFall, Marta Murray-Close, Robert J. Willis, and Uniko Chen #20654 (LS)
Week of November 3, 2014
- The War on Poverty's Experiment in Public Medicine: Community Health Centers and the Mortality of Older Americans
Martha J. Bailey and Andrew Goodman-Bacon #20653 (AG DAE DEV HC HE PE) - Safe Assets
Robert J. Barro and Andrew Mollerus #20652 (AP ME) - Growth Expectations, Dividend Yields, and Future Stock Returns
Zhi Da, Ravi Jagannathan, and Jianfeng Shen #20651 (AP) - Monetary Policy and Debt Fragility
Antoine Camous and Russell Cooper #20650 (EFG) - Do Beliefs Justify Actions or Do Actions Justify Beliefs? An Experiment on Stated Beliefs, Revealed Beliefs, and Social-Image Manipulation
James Andreoni and Alison Sanchez #20649 (PE) - The Impact of Short Term Exposure to Ambient Air Pollution on Cognitive Performance and Human Capital Formation
Victor Lavy, Avraham Ebenstein, and Sefi Roth #20648 (CH ED EEE LS) - The Long Run Human Capital and Economic Consequences of High-Stakes Examinations
Victor Lavy, Avraham Ebenstein, and Sefi Roth #20647 (CH ED LS) - Liquidity and Foreign Asset Management Challenges for Latin American Countries
Joshua Aizenman and Daniel Riera-Crichton #20646 (IFM) - The Evolution of Charter School Quality
Patrick L. Baude, Marcus Casey, Eric A. Hanushek, and Steven G. Rivkin #20645 (ED LS PE) - W.U.I. on Fire: Risk, Salience & Housing Demand
Shawn J. McCoy and Randall P. Walsh #20644 (EEE PE) - Optimal Fiscal Limits
Stephen Coate #20643 (PE POL) - Adverse Selection and Self-fulfilling Business Cycles
Jess Benhabib, Feng Dong, and Pengfei Wang #20642 (EFG) - Bargaining in Bilateral Oligopoly: An Alternating Offers Representation of the "Nash-in-Nash" Solution
Allan Collard-Wexler, Gautam Gowrisankaran, and Robin S. Lee #20641 (IO) - The Demand for Effective Charter Schools
Christopher R. Walters #20640 (ED LS) - Inputs in the Production of Early Childhood Human Capital: Evidence from Head Start
Christopher Walters #20639 (ED LS) - Quantifying Liquidity and Default Risks of Corporate Bonds over the Business Cycle
Hui Chen, Rui Cui, Zhiguo He, and Konstantin Milbradt #20638 (AP CF) - A Schumpeterian Model of Top Income Inequality
Charles I. Jones and Jihee Kim #20637 (EFG LS PE) - Adam Smith's "Tolerable Administration of Justice" and the Wealth of Nations
Douglas A. Irwin #20636 (DAE DEV LE POL) - Tariff Incidence: Evidence from U.S. Sugar Duties, 1890-1930
Douglas A. Irwin #20635 (DAE ITI) - International Trade, Multinational Activity, and Corporate Finance
C. Fritz Foley and Kalina Manova #20634 (CF ITI) - Social Insurance, Information Revelation, and Lack of Commitment
Mikhail Golosov and Luigi Iovino #20633 (EFG PE POL) - Optimal Government Debt Maturity
Davide Debortoli, Ricardo Nunes, and Pierre Yared #20632 (EFG PE POL) - The Contribution of Behavior Change and Public Health to Improved U.S. Population Health
Susan T. Stewart and David M. Cutler #20631 (AG HC HE) - Family Planning: Program Effects
Grant Miller and Kimberly Singer Babiarz #20586 (CH DEV HC HE)
Week of October 27, 2014
- Wheat or Strawberries? Intermediated Trade with Limited Contracting.
Kala Krishna and Lena Sheveleva #20630 (DEV) - Affirmative Action and Stereotypes in Higher Education Admissions
Prasad Krishnamurthy and Aaron Edlin #20629 (ED LE) - What Should I Be When I Grow Up? Occupations and Unemployment over the Life Cycle
Martin Gervais, Nir Jaimovich, Henry E. Siu, and Yaniv Yedid-Levi #20628 (EFG) - Tax Farming Redux: Experimental Evidence on Performance Pay for Tax Collectors
Adnan Q. Khan, Asim I. Khwaja, and Benjamin A. Olken #20627 (DEV LS PE) - Recovering Ex Ante Returns and Preferences for Occupations using Subjective Expectations Data
Peter Arcidiacono, V. Joseph Hotz, Arnaud Maurel, and Teresa Romano #20626 (ED LS PE TWP) - Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data
Emmanuel Saez and Gabriel Zucman #20625 (AG DAE PE) - Dodging the Taxman: Firm Misreporting and Limits to Tax Enforcement
Paul Carrillo, Dina Pomeranz, and Monica Singhal #20624 (DEV PE) - Markets with Multidimensional Private Information
Veronica Guerrieri and Robert Shimer #20623 (AP EFG) - Estimation of Dynamic Discrete Choice Models by Maximum Likelihood and the Simulated Method of Moments
Phillipp Eisenhauer, James J. Heckman, and Stefano Mosso #20622 (ED TWP) - Sources of Firm Life-Cycle Dynamics: Differentiating Size vs. Age Effects
Lorenz Kueng, Mu-Jeung Yang, and Bryan Hong #20621 (CF EFG PR) - Benchmarks in Search Markets
Darrell Duffie, Piotr Dworczak, and Haoxiang Zhu #20620 (AP) - More on Recent Evidence on the Effects of Minimum Wages in the United States
David Neumark, J.M. Ian Salas, and William Wascher #20619 (LS) - Financial Education, Financial Competence, and Consumer Welfare
Sandro Ambuehl, B. Douglas Bernheim, and Annamaria Lusardi #20618 (PE) - Credit, Bankruptcy, and Aggregate Fluctuations
Makoto Nakajima and José-Víctor Ríos-Rull #20617 (EFG) - Microeconomic Uncertainty, International Trade, and Aggregate Fluctuations
George Alessandria, Horag Choi, Joseph P. Kaboski, and Virgiliu Midrigan #20616 (AP EFG IFM ITI) - Do Tax Credits Affect R&D Expenditures by Small Firms? Evidence from Canada
Ajay Agrawal, Carlos Rosell, and Timothy S. Simcoe #20615 (PE PR) - Will They Take the Money and Work? An Empirical Analysis of Peoples Willingness to Delay Claiming Social Security Benefits for a Lump Sum
Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla, and Tatjana Schimetschek #20614 (AG LS PE) - Monetary Policy with Interest on Reserves
John H. Cochrane #20613 (AP EFG ME) - Reserve Requirement Policy over the Business Cycle
Pablo Federico, Carlos A. Vegh, and Guillermo Vuletin #20612 (IFM) - Effective Monetary Policy Strategies in New Keynesian Models: A Re-examination
Hess Chung, Edward Herbst, and Michael T. Kiley #20611 (EFG ME) - Investment Under Uncertainty and the Value of Real and Financial Flexibility
Patrick Bolton, Neng Wang, and Jinqiang Yang #20610 (AP CF EFG)
Week of October 20, 2014
- Behavioral Economics of Education: Progress and Possibilities
Adam M. Lavecchia, Heidi Liu, and Philip Oreopoulos #20609 (CH ED LS) - Competing for Order Flow in OTC Markets
Benjamin Lester, Guillaume Rocheteau, and Pierre-Olivier Weill #20608 (AP EFG) - Knowledge-based Hierarchies: Using Organizations to Understand the Economy
Luis Garicano and Esteban Rossi-Hansberg #20607 (EFG IO ITI LS PR) - Capital Depreciation and Labor Shares Around the World: Measurement and Implications
Loukas Karabarbounis and Brent Neiman #20606 (EFG IFM PR) - Directed Giving: Evidence from an Inter-Household Transfer Experiment
Catia Batista, Dan Silverman, and Dean Yang #20605 (DEV) - Why You Can't Find a Taxi in the Rain and Other Labor Supply Lessons from Cab Drivers
Henry S. Farber #20604 (LS) - The Evolution of Bank Supervision: Evidence from U.S. States
Kris James Mitchener and Matthew Jaremski #20603 (DAE) - The Comparative Advantage of Cities
Donald R. Davis and Jonathan I. Dingel #20602 (ITI LS) - High Marginal Tax Rates on the Top 1%? Lessons from a Life Cycle Model with Idiosyncratic Income Risk
Fabian Kindermann and Dirk Krueger #20601 (EFG PE POL) - Saving for a (not so) Rainy Day: A Randomized Evaluation of Savings Groups in Mali
Lori Beaman, Dean Karlan, and Bram Thuysbaert #20600 (DEV LS) - Second Trimester Sunlight and Asthma: Evidence from Two Independent Studies
Nils Wernerfelt, David Slusky, and Richard Zeckhauser #20599 (CH HC HE PE) - Climate and Conflict
Marshall Burke, Solomon M. Hsiang, and Edward Miguel #20598 (DEV EEE POL) - The Early Impact of the Affordable Care Act State-By-State
Amanda E. Kowalski #20597 (AG HC PE) - A Tale of Repetition: Lessons from Florida Restaurant Inspections
Ginger Zhe Jin and Jungmin Lee #20596 (IO) - The Effects of Research & Development Funding On Scientific Productivity: Academic Chemistry, 1990-2009
Joshua L. Rosenbloom, Donna K. Ginther, Ted Juhl, and Joseph Heppert #20595 (DAE PR) - Interest Rate Uncertainty and Economic Fluctuations
Drew D. Creal and Jing Cynthia Wu #20594 (ME) - Foreclosure, Vacancy and Crime
Lin Cui and Randall Walsh #20593 (PE) - ... and the Cross-Section of Expected Returns
Campbell R. Harvey, Yan Liu, and Heqing Zhu #20592 (AP) - Understanding Defensive Equity
Robert Novy-Marx #20591 (AP) - The Value of Regulatory Discretion: Estimates from Environmental Inspections in India
Esther Duflo, Michael Greenstone, Rohini Pande, and Nicholas Ryan #20590 (EEE) - Valuing Thinly-Traded Assets
Francis Longstaff #20589 (AP) - Welfare and Optimal Trading Frequency in Dynamic Double Auctions
Songzi Du and Haoxiang Zhu #20588 (AP) - A Model of Secular Stagnation
Gauti B. Eggertsson and Neil R. Mehrotra #20574 (ME)
Week of October 14, 2014
- Patent Collateral, Investor Commitment, and the Market for Venture Lending
Yael V. Hochberg, Carlos J. Serrano, and Rosemarie H. Ziedonis #20587 ( CF IO PR) - Beyond Ricardo: Assignment Models in International Trade
Arnaud Costinot and Jonathan Vogel #20585 ( ITI) - The Great Recession, Decline and Rebound in Household Wealth for the Near Retirement Population
Alan L. Gustman, Thomas L. Steinmeier, and Nahid Tabatabai #20584 ( AG LS PE) - Housing Collateral, Credit Constraints and Entrepreneurship - Evidence from a Mortgage Reform
Thais Lærkholm Jensen, Søren Leth-Petersen, and Ramana Nanda #20583 ( CF PR) - How Much Are Public School Teachers Willing to Pay for Their Retirement Benefits?
Maria Donovan Fitzpatrick #20582 ( AG ED LS PE) - How Does Government Borrowing Affect Corporate Financing and Investment?
John Graham, Mark T. Leary, and Michael R. Roberts #20581 ( CF EFG) - The New Full-time Employment Taxes
Casey B. Mulligan #20580 ( EFG LS PE) - Outside Purchase Contracts, Human Capital and Firm Capital Structure
S. Katie Moon and Gordon M. Phillips #20579 ( CF IO) - Financing Decisions and Product Introductions of Private and Publicly Traded Firms
Gordon Phillips and Giorgo Sertsios #20578 ( CF IO) - A Distant Mirror of Debt, Default, and Relief
Carmen M. Reinhart and Christoph Trebesch #20577 ( IFM ME) - Inflation Expectations, Learning and Supermarket Prices: Evidence from Field Experiments
Alberto Cavallo, Guillermo Cruces, and Ricardo Perez-Truglia #20576 ( IFM ME) - Dynamic Prediction Pools: An Investigation of Financial Frictions and Forecasting Performance
Marco Del Negro, Raiden B. Hasegawa, and Frank Schorfheide #20575 ( EFG ME) - Asiaphoria Meets Regression to the Mean
Lant Pritchett and Lawrence H. Summers #20573 ( DEV EFG IFM) - Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone
Philippe Martin and Thomas Philippon #20572 ( EFG IFM ME) - U.S. Investment in Global Bonds: As the Fed Pushes, Some EMEs Pull
John D. Burger, Rajeswari Sengupta, Francis E. Warnock, and Veronica Cacdac Warnock #20571 ( IFM) - Political Budget Cycles: Evidence from Italian Cities
Alberto Alesina and Matteo Paradisi #20570 ( PE POL) - Investment Hangover and the Great Recession
Matthew Rognlie, Andrei Shleifer, and Alp Simsek #20569 ( EFG ME) - In Search of Labor Demand
Paul Beaudry, David A. Green, and Benjamin M. Sand #20568 ( EFG LS) - Contagion in the European Sovereign Debt Crisis
Brent Glover and Seth Richards-Shubik #20567 ( CF IFM) - Constrained Discretion and Central Bank Transparency
Francesco Bianchi and Leonardo Melosi #20566 ( ME) - Expanding Patients' Property Rights In Their Medical Records
Laurence C. Baker, Kate Bundorf, and Daniel Kessler #20565 ( HC HE LE) - Fiscal Challenges in Multilayered Unions: An Overview and Case Study
Joshua Aizenman and Gunnar Gunnarsson #20564 ( IFM) - How Do the “GATS-Plus” and “GATS-Minus” Characteristics of Regional Service Agreements Affect Trade in Services?
Nianli Zhou and John Whalley #20551 ( ITI) - Why Do People Give? Testing Pure and Impure Altruism
Mark Ottoni-Wilhelm, Lise Vesterlund, and Huan Xie #20497 ( PE)
Week of October 6, 2014
- Product and Labor Market Regulations, Production Prices, Wages and Productivity
Gilbert Cette, Jimmy Lopez, and Jacques Mairesse #20563 (PR) - The Perception Of Social Security Incentives For Labor Supply And Retirement: The Median Voter Knows More Than You’d Think
Jeffrey B. Liebman and Erzo F.P. Luttmer #20562 (PE) - Mortgage Rates, Household Balance Sheets, and the Real Economy
Benjamin J. Keys, Tomasz Piskorski, Amit Seru, and Vincent Yao #20561 (CF EFG ME) - The Glass Ceiling and The Paper Floor: Gender Differences among Top Earners, 1981–2012
Fatih Guvenen, Greg Kaplan, and Jae Song #20560 (AP EFG LS ME PE) - Negotiating for the Market
Joshua S. Gans #20559 (PR) - Does Transparency Lead to Pay Compression?
Alexandre Mas #20558 (LS) - Compulsory Schooling Laws and Formation of Beliefs: Education, Religion and Superstition
Naci Mocan and Luiza Pogorelova #20557 (CH ED HE LE LS POL) - Dynamic Debt Deleveraging and Optimal Monetary Policy
Pierpaolo Benigno, Gauti B. Eggertsson, and Federica Romei #20556 (ME) - Resurrecting the Role of the Product Market Wedge in Recessions
Mark Bils, Peter J. Klenow, and Benjamin A. Malin #20555 (EFG ME) - The Price of Stability: The balance sheet policy of the Banque de France and the Gold Standard (1880-1914)
Guillaume Bazot, Michael D. Bordo, and Eric Monnet #20554 (DAE ME) - Investment Subsidies and the Adoption of Electronic Medical Records in Hospitals
David Dranove, Craig Garthwaite, Bingyang Li, and Christopher Ody #20553 (HC HE PE) - A Theory of Minimalist Democracy
Chris Bidner, Patrick Francois, and Francesco Trebbi #20552 (DEV POL) - How Do the “GATS-Plus” and “GATS-Minus” Characteristics of Regional Service Agreements Affect Trade in Services?
Nianli Zhou and John Whalley #20551 (ITI) - Reexamining the Cyclical Behavior of the Relative Price of Investment
Paul Beaudry, Alban Moura, and Franck Portier #20550 (EFG) - Insurance Markets for the Elderly
Hanming Fang #20549 (AG HE PE) - The Market Impacts of Pharmaceutical Product Patents in Developing Countries: Evidence from India
Mark Duggan, Craig Garthwaite, and Aparajita Goyal #20548 (DEV HC HE IO PE PR) - Annuitized Wealth and Post-Retirement Saving
John Laitner, Daniel Silverman, and Dmitriy Stolyarov #20547 (AG EFG PE) - Distributional Effects of Means Testing Social Security: An Exploratory Analysis
Alan Gustman, Thomas Steinmeier, and Nahid Tabatabai #20546 (AG LS PE) - Monetary Policy in Open Economies: Practical Perspectives for Pragmatic Central Bankers
Richard Clarida #20545 (IFM) - Investment Banks as Corporate Monitors in the Early 20th Century United States
Carola Frydman and Eric Hilt #20544 (CF DAE LE) - The Direct and Indirect Effects of Small Business Administration Lending on Growth: Evidence from U.S. County-Level Data
Andrew T. Young, Matthew J. Higgins, Donald J. Lacombe, and Briana Sell #20543 (PE PR) - The Value of Informativeness for Contracting
Pierre Chaigneau, Alex Edmans, and Daniel Gottlieb #20542 (CF LE LS) - Belt and Suspenders and More: The Incremental Impact of Energy Efficiency Subsidies in the Presence of Existing Policy Instruments
Sébastien Houde and Joseph E. Aldy #20541 (EEE) - Robust Benchmark Design
Darrell Duffie and Piotr Dworczak #20540 (AP) - Early Life Environment and Racial Inequality in Education and Earnings in the United States
Kenneth Y. Chay, Jonathan Guryan, and Bhashkar Mazumder #20539 (CH HE LS) - Competitive Pressure and the Decline of the Rust Belt: A Macroeconomic Analysis
Simeon Alder, David Lagakos, and Lee Ohanian #20538 (EFG) - The Effect of Substance Use Disorder Treatment Use on Crime: Evidence from Public Insurance Expansions and Health Insurance Parity Mandates
Hefei Wen, Jason M. Hockenberry, and Janet R. Cummings #20537 (HC HE LE) - Regulation and Housing Supply
Joseph Gyourko and Raven Molloy #20536 (PE POL) - Causal Inference in Urban and Regional Economics
Nathaniel Baum-Snow and Fernando Ferreira #20535 (PE) - Estimating the Value Added of Attending Physicians on Patient Outcomes
Jason M. Fletcher, Leora I. Horwitz, and Elizabeth Bradley #20534 (HC HE)
Week of September 29, 2014
- Procyclical and Countercyclical Fiscal Multipliers: Evidence from OECD Countries
Daniel Riera-Crichton, Carlos A. Vegh, and Guillermo Vuletin #20533 ( IFM) - Starving (or Fattening) the Golden Goose?: Generic Entry and the Incentives for Early-Stage Pharmaceutical Innovation
Lee Branstetter, Chirantan Chatterjee, and Matthew J. Higgins #20532 ( HE PR) - Cashier or Consultant? Entry Labor Market Conditions, Field of Study, and Career Success
Joseph G. Altonji, Lisa B. Kahn, and Jamin D. Speer #20531 ( LS) - In Praise of Frank Ramsey's Contribution to the Theory of Taxation
Joseph E. Stiglitz #20530 ( PE) - The Impatient Salesperson and the Delegation of Pricing Authority
Edward P. Lazear #20529 ( LS IO) - The Value of Postsecondary Credentials in the Labor Market: An Experimental Study
David J. Deming, Noam Yuchtman, Amira Abulafi, Claudia Goldin, and Lawrence F. Katz #20528 ( DAE ED LS) - Precautionary Saving of Chinese and U.S. Households
Horag Choi, Steven Lugauer, and Nelson C. Mark #20527 ( DEV IFM ME) - International Financial Integration and Crisis Contagion
Michael B. Devereux and Changhua Yu #20526 ( IFM) - Why is Infant Mortality Higher in the US than in Europe?
Alice Chen, Emily Oster, and Heidi Williams #20525 ( AG CH HC HE PE) - Non-Legal-Tender Paper Money: The Structure and Performance of Maryland’s Bills of Credit, 1767-1775
Jim Celia and Farley Grubb #20524 ( DAE) - The Bidder Exclusion Effect
Dominic Coey, Bradley Larsen, and Kane Sweeney #20523 ( IO TWP) - Remittance Responses to Temporary Discounts: A Field Experiment among Central American Migrants
Kate Ambler, Diego Aycinena, and Dean Yang #20522 ( DEV) - Immigration, International Collaboration, and Innovation: Science and Technology Policy in the Global Economy
Richard B. Freeman #20521 ( ED PR) - Debt Relief and Debtor Outcomes: Measuring the Effects of Consumer Bankruptcy Protection
Will Dobbie and Jae Song #20520 ( LS LE) - Incumbency Advantage in Non-Democracies
Georgy Egorov and Konstantin Sonin #20519 ( POL) - Monetary Policy Effectiveness in China: Evidence from a FAVAR Model
John Fernald, Mark M. Spiegel, and Eric T. Swanson #20518 ( EFG IFM ME) - Reconstructing Macroeconomic Theory to Manage Economic Policy
Joseph E. Stiglitz #20517 ( EFG ME) - The Role of Dynamic Renegotiation and Asymmetric Information in Financial Contracting
Michael R. Roberts #20484 ( CF) - Aggregate Issuance and Savings Waves
Andrea L. Eisfeldt and Tyler Muir #20442 ( CF EFG) - Keynes, King's and Endowment Asset Management
David Chambers, Elroy Dimson, and Justin Foo #20421 ( AP ED)
Week of September 22, 2014
- Strategic Trading in Informationally Complex Environments
Nicolas S. Lambert, Michael Ostrovsky, and Mikhail Panov #20516 ( AP) - Risk Corridors and Reinsurance in Health Insurance Marketplaces: Insurance for Insurers
Timothy J. Layton, Thomas G. McGuire, and Anna D. Sinaiko #20515 ( HC HE) - Appropriability Mechanisms, Innovation and Productivity: Evidence from the UK
Bronwyn H. Hall and Vania Sena #20514 ( IO PR) - On the Ethnic Origins of African Development Chiefs and Pre-colonial Political Centralization
Stelios Michalopoulos and Elias Papaioannou #20513 ( DEV EFG POL) - Permission to Exist
Martin C. Byford and Joshua S. Gans #20512 ( IO PR) - The Impact of No Child Left Behind’s Accountability Sanctions on School Performance: Regression Discontinuity Evidence from North Carolina
Thomas Ahn and Jacob Vigdor #20511 ( ED) - Real Exchange Rates and Sectoral Productivity in the Eurozone
Martin Berka, Michael B. Devereux, and Charles Engel #20510 ( IFM) - Misclassification in Binary Choice Models
Bruce Meyer and Nikolas Mittag #20509 ( AG CH HC HE LS PE) - Dutch Disease or Agglomeration? The Local Economic Effects of Natural Resource Booms in Modern America
Hunt Allcott and Daniel Keniston #20508 ( DAE EEE IO LS PR) - The Federal Reserve’s Abandonment of its 1923 Principles
Julio J. Rotemberg #20507 ( DAE ME) - Demographics and Entrepreneurship
James Liang, Hui Wang, and Edward P. Lazear #20506 ( IO LS) - Finishing Degrees and Finding Jobs: U.S. Higher Education and the Flow of Foreign IT Workers
John Bound, Murat Demirci, Gaurav Khanna, and Sarah Turner #20505 ( ED LS) - Public Goods and Ethnic Diversity: Evidence from Deforestation in Indonesia
Alberto Alesina, Caterina Gennaioli, and Stefania Lovo #20504 ( DEV POL) - Cities and the Environment
Matthew E. Kahn and Randall Walsh #20503 ( EEE PE POL) - Growth, Trade, and Inequality
Gene M. Grossman and Elhanan Helpman #20502 ( EFG ITI) - The Great Mortgaging: Housing Finance, Crises, and Business Cycles
Òscar Jordà, Moritz Schularick, and Alan M. Taylor #20501 ( DAE EFG ME) - The Economics of Attribute-Based Regulation: Theory and Evidence from Fuel-Economy Standards
Koichiro Ito and James M. Sallee #20500 ( EEE PE) - Should Hospitals Keep Their Patients Longer? The Role of Inpatient and Outpatient Care in Reducing Readmissions
Ann P. Bartel, Carri W. Chan, and Song-Hee (Hailey) Kim #20499 ( HC HE PE) - International Trade and Intertemporal Substitution
Fernando Leibovici and Michael E. Waugh #20498 ( EFG IFM ITI) - Household Debt: Facts, Puzzles, Theories, and Policies
Jonathan Zinman #20496 ( AG LE) - Trade Models, Trade Elasticities, and the Gains from Trade
Ina Simonovska and Michael E. Waugh #20495 ( ITI) - The Bond Market: An Inflation-Targeter’s Best Friend
Andrew K. Rose #20494 ( IFM) - Leaders and Followers: Perspectives on the Nordic Model and the Economics of Innovation
Joseph E. Stiglitz #20493 ( PR) - In with the Big, Out with the Small: Removing Small-Scale Reservations in India
Leslie A. Martin, Shanthi Nataraj, and Ann Harrison #19942 ( DEV ITI)
Week of September 15, 2014
- Patents and the Global Diffusion of New Drugs
Iain M. Cockburn, Jean O. Lanjouw, and Mark Schankerman #20492 (PR) - Fertility and Financial Development: Evidence from U.S. Counties in the 19th Century
Alberto Basso, Howard Bodenhorn, and David Cuberes #20491 (DAE) - Banks, Liquidity Management and Monetary Policy
Javier Bianchi and Saki Bigio #20490 (EFG IFM ME) - Taxation and Top Incomes in Canada
Kevin Milligan and Michael Smart #20489 (PE) - Fixed Costs and the Product Market Treatment of Preference Minorities
Steven Berry, Alon Eizenberg, and Joel Waldfogel #20488 (IO LE) - Are Dynamic Vickrey Auctions Practical?: Properties of the Combinatorial Clock Auction
Jonathan Levin and Andrzej Skrzypacz #20487 (IO) - Measuring the Effect of the Zero Lower Bound on Medium- and Longer-Term Interest Rates
Eric T. Swanson and John C. Williams #20486 (AP EFG ME) - Polanyi’s Paradox and the Shape of Employment Growth
David Autor #20485 (LS) - Self-regulation and Health
Henry Saffer #20483 (HE) - Deal with the Devil: The Successes and Limitations of Bureaucratic Reform in India
Iqbal Dhaliwal and Rema Hanna #20482 (DEV PE) - Contractual Freedom and the Evolution of Corporate Control in Britain, 1862 to 1929
Timothy W. Guinnane, Ron Harris, and Naomi R. Lamoreaux #20481 (DAE) - Asset Management Contracts and Equilibrium Prices
Andrea M. Buffa, Dimitri Vayanos, and Paul Woolley #20480 (AP) - Labor Market Fluidity and Economic Performance
Steven J. Davis and John Haltiwanger #20479 (EFG LS PR) - Do Star Performers Produce More Stars? Peer Effects and Learning in Elite Teams
Casey Ichniowski and Anne Preston #20478 (LS) - (Measured) Profit is Not Welfare: Evidence from an Experiment on Bundling Microcredit and Insurance
Abhijit Banerjee, Esther Duflo, and Richard Hornbeck #20477 (DEV EFG HC HE) - Strategic News Releases in Equity Vesting Months
Alex Edmans, Luis Goncalves-Pinto, Yanbo Wang, and Moqi Xu #20476 (CF) - Constitutional Rights and Education: An International Comparative Study
Sebastian Edwards and Alvaro Garcia Marin #20475 (IFM ITI) - The Biocultural Origins of Human Capital Formation
Oded Galor and Marc Klemp #20474 (DEV EFG) - Slow to Hire, Quick to Fire: Employment Dynamics with Asymmetric Responses to News
Cosmin Ilut, Matthias Kehrig, and Martin Schneider #20473 (EFG) - Sorting Between and Within Industries: A Testable Model of Assortative Matching
John M. Abowd, Francis Kramarz, Sébastien Pérez-Duarte, and Ian M. Schmutte #20472 (LS)
Week of September 8, 2014
- Temporary Shocks and Persistent Effects in the Urban System: Evidence from British Cities after the U.S. Civil War
W. Walker Hanlon #20471 ( DAE) - Does Privatized Health Insurance Benefit Patients or Producers? Evidence from Medicare Advantage
Marika Cabral, Michael Geruso, and Neale Mahoney #20470 ( AG HC HE IO PE) - Poor Quality Drugs and Global Trade: A Pilot Study
Roger Bate, Ginger Zhe Jin, Aparna Mathur, and Amir Attaran #20469 ( IO) - Incentive Pay and Bank Risk-Taking: Evidence from Austrian, German, and Swiss Banks
Matthias Efing, Harald Hau, Patrick Kampkötter, and Johannes Steinbrecher #20468 ( IFM) - Creative Destruction: Barriers to Urban Growth and the Great Boston Fire of 1872
Richard Hornbeck and Daniel Keniston #20467 ( DAE DEV EEE EFG LE PE) - Conservation Policies: Who Responds to Price and Who Responds to Prescription?
Casey J. Wichman, Laura O. Taylor, and Roger H. von Haefen #20466 ( EEE) - Subsidies and the Persistence of Technology Adoption: Field Experimental Evidence from Mozambique
Michael R. Carter, Rachid Laajaj, and Dean Yang #20465 ( DEV) - Do Required Minimum Distributions Matter? The Effect of the 2009 Holiday On Retirement Plan Distributions
Jeffrey R. Brown, James Poterba, and David Richardson #20464 ( AG PE) - Violence and the Formation of Hopelessness and Pessimistic Prospects of Upward Mobility in Colombia
Andrés Moya and Michael Carter #20463 ( DEV) - Controlling Health Care Costs Through Limited Network Insurance Plans: Evidence from Massachusetts State Employees
Jonathan Gruber and Robin McKnight #20462 ( HC) - The Welfare Effects of Fuel Conservation Policies in the Indian Car Market
Randy Chugh and Maureen L. Cropper #20460 ( EEE) - Counterparty Risk and the Establishment of the New York Stock Exchange Clearinghouse
Asaf Bernstein, Eric Hughson, and Marc D. Weidenmier #20459 ( AP CF DAE) - Tax Morale
Erzo F.P. Luttmer and Monica Singhal #20458 ( DEV PE) - The Price of Experience
Hyeok Jeong, Yong Kim, and Iourii Manovskii #20457 ( EFG LS) - The Informativeness Principle Under Limited Liability
Pierre Chaigneau, Alex Edmans, and Daniel Gottlieb #20456 ( CF LE LS) - Export Markets and Labor Allocation in a Low-income Country
Brian McCaig and Nina Pavcnik #20455 ( DEV ITI) - The Revived Bretton Woods System's First Decade
Michael P. Dooley, David Folkerts-Landau, and Peter M. Garber #20454 ( IFM) - Does Gifted Education Work? For Which Students?
David Card and Laura Giuliano #20453 ( ED LS) - Micro Data and Macro Technology
Ezra Oberfield and Devesh Raval #20452 ( EFG) - Migration and Welfare State: Why is America Different from Europe?
Assaf Razin and Efraim Sadka #20450 ( IFM) - Long Workweeks and Strange Hours
Daniel S. Hamermesh and Elena Stancanelli #20449 ( LS) - The Effects of Mortality on Fertility: Population Dynamics after a Natural Disaster
Jenna Nobles, Elizabeth Frankenberg, and Duncan Thomas #20448 ( DEV) - It's Where You Work: Increases in Earnings Dispersion across Establishments and Individuals in the U.S.
Erling Barth, Alex Bryson, James C. Davis, and Richard Freeman #20447 ( LS PR) - Preserving History or Hindering Growth? The Heterogeneous Effects of Historic Districts on Local Housing Markets in New York City
Vicki Been, Ingrid Gould Ellen, Michael Gedal, Edward Glaeser, and Brian J. McCabe #20446 ( DAE)
Week of September 2, 2014
- Understanding Uncertainty Shocks and the Role of Black Swans
Anna Orlik and Laura Veldkamp #20445 ( AP EFG ME) - Is the Quarter of Birth Endogenous? Evidence From One Million Siblings in Taiwan
Elliott Fan, Jin-Tan Liu, and Yen-Chien Chen #20444 ( HE) - The Impact of Family Composition on Educational Achievement
Stacey H. Chen, Yen-Chien Chen, and Jin-Tan Liu #20443 ( ED) - Positive Long Run Capital Taxation: Chamley-Judd Revisited
Ludwig Straub and Iván Werning #20441 ( EFG PE) - The Economics of Aesthetics and Three Centuries of Art Price Records
William Goetzmann, Elena Mamonova, and Christophe Spaenjers #20440 ( AP EFG) - Momentum Crashes
Kent Daniel and Tobias J. Moskowitz #20439 ( AP) - The Agricultural Origins of Time Preference
Oded Galor and Ömer Özak #20438 ( DEV EFG) - Tax News: Identifying Tax Expectations from Municipal Bonds with an Application to Household Consumption
Lorenz Kueng #20437 ( AP EFG PE) - What is Firm Heterogeneity in Trade Models? The Role of Quality, Scope, Markups, and Cost
Colin Hottman, Stephen J. Redding, and David E. Weinstein #20436 ( ITI) - Assessing Asset Pricing Models Using Revealed Preference
Jonathan B. Berk and Jules H. van Binsbergen #20435 ( AP CF) - Experimental Evidence on Distributional Effects of Head Start
Marianne P. Bitler, Hilary W. Hoynes, and Thurston Domina #20434 ( CH ED PE) - The Carry Trade: Risks and Drawdowns
Kent Daniel, Robert J. Hodrick, and Zhongjin Lu #20433 ( AP IFM) - Vaccine Approvals and Mandates Under Uncertainty: Some Simple Analytics
Charles F. Manski #20432 ( HC HE PE AG) - Pathways to Education: An Integrated Approach to Helping At-Risk High School Students
Philip Oreopoulos, Robert S. Brown, and Adam M. Lavecchia #20430 ( CH ED) - Where Do They Come From, Where Do They Go? Endogenous Insurance and Informal Relationships
Xiao Yu Wang #20429 ( DEV) - Immigration and the Economy of Cities and Regions
Ethan Lewis and Giovanni Peri #20428 ( ITI LS) - Reallocation in the Great Recession: Cleansing or Not?
Lucia Foster, Cheryl Grim, and John Haltiwanger #20427 ( EFG LS PR) - Housing Bubbles
Edward L. Glaeser and Charles G. Nathanson #20426 ( EFG) - Numerical General Equilibrium Analysis of China's Impacts from Possible Mega Trade Deals
Chunding Li, Jing Wang, and John Whalley #20425 ( ITI) - How Close is Asia to Already Being A Trade Bloc?
Chunding Li and John Whalley #20424 ( ITI) - A New Method of Estimating Potential Real GDP Growth: Implications for the Labor Market and the Debt/GDP Ratio
Robert J. Gordon #20423 ( EFG LS) - Gossip: Identifying Central Individuals in a Social Network
Abhijit Banerjee, Arun G. Chandrasekhar, Esther Duflo, and Matthew O. Jackson #20422 ( DEV) - Governance and Comovement Under Common Ownership
Alex Edmans, Doron Levit, and Devin Reilly #20420 ( CF LE) - Trade Dynamics in the Market for Federal Funds
Gara Afonso and Ricardo Lagos #20419 ( AP ME) - The Dynamics of Housing Prices
Sheridan Titman, Ko Wang, and Jing Yang #20418 ( AP) - Get Rid of Unanimity: The Superiority of Majority Rule with Veto Power
Laurent Bouton, Aniol Llorente-Saguer, and Frédéric Malherbe #20417 ( POL) - Entry and Exit in OTC Derivatives Markets
Andrew G. Atkeson, Andrea L. Eisfeldt, and Pierre-Olivier Weill #20416 ( AP CF EFG ME) - Consumer Price Search and Platform Design in Internet Commerce
Michael Dinerstein, Liran Einav, Jonathan Levin, and Neel Sundaresan #20415 ( IO PR) - Methods of Identification in Social Networks
Bryan S. Graham #20414 ( DEV LS TWP)
Week of August 25, 2014
- The Changing Benefits of Early Work Experience
Charles L. Baum and Christopher J. Ruhm #20413 ( CH LS PE) - Making Progress on Foreign Aid
Nancy Qian #20412 ( DEV POL) - Imperfect Competition in Selection Markets
Neale Mahoney and E. Glen Weyl #20411 ( AG HC HE IO PE) - Selling Failed Banks
Joao Granja, Gregor Matvos, and Amit Seru #20410 ( CF IO) - The Labor Market Impacts of the 2010 Deepwater Horizon Oil Spill and Offshore Oil Drilling Moratorium
Joseph E. Aldy #20409 ( EEE) - What Calls to ARMs? International Evidence on Interest Rates and the Choice of Adjustable-Rate Mortgages
Cristian Badarinza, John Y. Campbell, and Tarun Ramadorai #20408 ( AP ME) - Can a Summer Make a Difference? The Impact of the American Economic Association Summer Program on Minority Student Outcomes
Charles M. Becker, Cecilia Elena Rouse, and Mingyu Chen #20407 ( ED LS) - Price Setting in Online Markets: Basic Facts, International Comparisons, and Cross-border Integration
Yuriy Gorodnichenko and Oleksandr Talavera #20406 ( EFG IFM ME) - Why High-order Polynomials Should not be Used in Regression Discontinuity Designs
Andrew Gelman and Guido Imbens #20405 ( LS) - On the Measure of Distortions
Hugo A. Hopenhayn #20404 ( DEV EFG IO) - A Tear in the Iron Curtain: The Impact of Western Television on Consumption Behavior
Leonardo Bursztyn and Davide Cantoni #20403 ( POL) - From Assortative to Ashortative Coupling: Men's Height, Height Heterogamy, and Relationship Dynamics in the United States
Abigail Weitzman and Dalton Conley #20402 ( HE LS) - Failure to Refinance
Benjamin J. Keys, Devin G. Pope, and Jaren C. Pope #20401 ( LS) - Within-Mother Estimates of the Effects of WIC on Birth Outcomes in New York City
Janet Currie and Ishita Rajani #20400 ( CH HE) - A Direct Estimate of the Technique Effect: Changes in the Pollution Intensity of US Manufacturing 1990 2008
Arik Levinson #20399 ( EEE) - Does Labor Legislation Benefit Workers? Well-Being after an Hours Reduction
Daniel S. Hamermesh, Daiji Kawaguchi, and Jungmin Lee #20398 ( LS) - Affirmative Action and Human Capital Investment: Evidence from a Randomized Field Experiment
Christopher Cotton, Brent R. Hickman, and Joseph P. Price #20397 ( ED LS) - The Evolution of Rotation Group Bias: Will the Real Unemployment Rate Please Stand Up?
Alan Krueger, Alexandre Mas, and Xiaotong Niu #20396 ( LS) - Import Competition and the Great U.S. Employment Sag of the 2000s
Daron Acemoglu, David Autor, David Dorn, Gordon H. Hanson, and Brendan Price #20395 ( ITI LS) - Uncertainty Outside and Inside Economic Models
Lars Peter Hansen #20394 ( AP) - Terminating Links between Emission Trading Programs
William A. Pizer and Andrew J. Yates #20393 ( EEE) - Did Bank Distress Stifle Innovation During the Great Depression?
Ramana Nanda and Tom Nicholas #20392 ( CF PR) - Evidence for Relational Contracts in Sovereign Bank Lending
Peter Benczur and Cosmin L. Ilut #20391 ( AP EFG IFM) - Perturbation Methods for Markov-Switching DSGE Models
Andrew Foerster, Juan Rubio-Ramírez, Daniel F. Waggoner, and Tao Zha #20390 ( EFG ME) - Damming the Commons: An Empirical Analysis of International Cooperation and Conflict in Dam Location
Sheila M. Olmstead and Hilary Sigman #20389 ( EEE PE) - Worker Mobility in a Global Labor Market: Evidence from the United Arab Emirates
Suresh Naidu, Yaw Nyarko, and Shing-Yi Wang #20388 ( DEV LS) - Self-Selection into Credit Markets: Evidence from Agriculture in Mali
Lori Beaman, Dean Karlan, Bram Thuysbaert, and Christopher Udry #20387 ( DEV LE LS)
Week of August 18, 2014
- International Reserves Before and After the Global Crisis: Is There No End to Hoarding?
Joshua Aizenman, Yin-Wong Cheung, and Hiro Ito #20386 ( IFM) - Fair Weather Avoidance: Unpacking Costs and Benefits in Replication of 'Avoiding the Ask'
Hannah Trachtman, Andrew Steinkruger, Mackenzie Wood, Adam Wooster, James Andreoni, James J. Murphy, and Justin M. Rao #20385 ( PE) - Does the Gender of Offspring Affect Parental Political Orientation?
Byungkyu Lee and Dalton Conley #20384 ( CH POL) - Manufacturing Growth and the Lives of Bangladeshi Women
Rachel Heath and A. Mushfiq Mobarak #20383 ( DEV ITI LS) - Skill Gaps, Skill Shortages and Skill Mismatches: Evidence for the US
Peter Cappelli #20382 ( ED LS) - On the Interaction of Memory and Procrastination: Implications for Reminders
Keith M Marzilli Ericson #20381 ( AG PR) - The Roots of Gender Inequality in Developing Countries
Seema Jayachandran #20380 ( CH DEV) - Has Creative Destruction Become More Destructive?
John Komlos #20379 ( DEV EFG PR) - Don't Take No For An Answer: An Experiment With Actual Organ Donor Registrations
Judd B. Kessler and Alvin E. Roth #20378 ( HC) - Liquidity Premia, Price-Rent Dynamics, and Business Cycles
Jianjun Miao, Pengfei Wang, and Tao Zha #20377 ( AP EFG ME) - Welfare Implications of Learning Through Solicitation versus Diversification in Health Care
Anirban Basu #20376 ( HC HE TWP) - Defining Clusters of Related Industries
Mercedes Delgado, Michael E. Porter, and Scott Stern #20375 ( PR) - Spatial Errors in Count Data Regressions
Marinho Bertanha and Petra Moser #20374 ( DAE PR TWP) - Moral Hazard and Less Invasive Medical Treatment for Coronary Artery Disease: The Case of Cigarette Smoking
Jesse Margolis, Jason Hockenberry, Michael Grossman, and Shin-Yi Chou #20373 ( HE) - Corporate Taxes and Capital Structure: A Long-Term Historical Perspective
Francis A. Longstaff and Ilya A. Strebulaev #20372 ( CF) - Patent Trolls: Evidence from Targeted Firms
Lauren Cohen, Umit Gurun, and Scott Duke Kominers #20322 ( PR LE)
Week of August 11, 2014
- Spousal Labor Market Effects from Government Health Insurance: Evidence from a Veterans Affairs Expansion
Melissa A. Boyle and Joanna N. Lahey #20371 ( AG HC HE LS PE) - Changing Times, Changing Values: A Historical Analysis of Sectors within the US Stock Market 1872-2013
Oliver D. Bunn and Robert J. Shiller #20370 ( EFG) - Social Norms and the Enforcement of Laws
Daron Acemoglu and Matthew O. Jackson #20369 ( POL) - The 9/11 Dust Cloud and Pregnancy Outcomes: A Reconsideration
Janet Currie and Hannes Schwandt #20368 ( CH HE) - Agglomeration and Innovation
Gerald Carlino and William R. Kerr #20367 ( IO LS PR) - Lead Exposure and Behavior: Effects on Antisocial and Risky Behavior among Children and Adolescents
Jessica Wolpaw Reyes #20366 ( AG CH EEE HE) - Resource Allocation and Inefficiency in the Financial Sector
Kinda Hachem #20365 ( CF EFG ME) - Remix Rights and Negotiations Over the Use of Copy-Protected Works
Joshua S. Gans #20364 ( LE PR) - Paternalism and Energy Efficiency: An Overview
Hunt Allcott #20363 ( EEE PE)
Week of August 4, 2014
- Free to Choose: Promoting Conservation by Relaxing Outdoor Watering Restrictions
Anita Castledine, Klaus Moeltner, Michael Price, and Shawn Stoddard #20362 ( EEE) - Affirmative Action Bans and Black Admission Outcomes: Selection-Corrected Estimates from UC Law Schools
Danny Yagan #20361 ( ED LS PE) - Riding the Bubble? Chasing Returns into Illiquid Assets
Danny Yagan #20360 ( AG PE) - Tradeoffs in the Design of Health Plan Payment Systems: Fit, Power and Balance
Michael Geruso and Thomas G. McGuire #20359 ( AG HC PE) - Entrepreneurship as Experimentation
William R. Kerr, Ramana Nanda, and Matthew Rhodes-Kropf #20358 ( PR) - The Economics of Fair Trade
Raluca E. Dragusanu, Daniele Giovannucci, and Nathan Nunn #20357 ( DEV ITI POL) - History of American Corporate Governance: Law, Institutions, and Politics
Eric Hilt #20356 ( CF DAE LE) - The Changing Face of World Oil Markets
James D. Hamilton #20355 ( EEE) - The Economics of Density: Evidence from the Berlin Wall
Gabriel M. Ahlfeldt, Stephen J. Redding, Daniel M. Sturm, and Nikolaus Wolf #20354 ( ITI) - Positive Externalities of Social Insurance: Unemployment Insurance and Consumer Credit
Joanne W. Hsu, David A. Matsa, and Brian T. Melzer #20353 ( CF PE) - The Causal Effect of Environmental Catastrophe on Long-Run Economic Growth: Evidence From 6,700 Cyclones
Solomon M. Hsiang and Amir S. Jina #20352 ( DEV EEE EFG IFM PE) - The Inequality Deflator: Interpersonal Comparisons without a Social Welfare Function
Nathaniel Hendren #20351 ( EFG PE) - Urban Vibrancy and Corporate Growth
Casey Dougal, Christopher A. Parsons, and Sheridan Titman #20350 ( CF) - Cash for Corollas: When Stimulus Reduces Spending
Mark Hoekstra, Steven L. Puller, and Jeremy West #20349 ( EEE IO PE) - How Does Family Health Care Use Respond to Economic Shocks? Realized and Anticipated Effects
Alan C. Monheit, Irina Grafova, and Rizie Kumar #20348 ( HE) - The Geography of Financial Misconduct
Christopher A. Parsons, Johan Sulaeman, and Sheridan Titman #20347 ( CF) - Political Booms, Financial Crises
Helios Herrera, Guillermo Ordoñez, and Christoph Trebesch #20346 ( EFG IFM PE POL) - Equilibrium Corporate Finance and Intermediation
Alberto Bisin, Piero Gottardi, and Guido Ruta #20345 ( AP CF) - Can Electronic Procurement Improve Infrastructure Provision? Evidence From Public Works in India and Indonesia
Sean Lewis-Faupel, Yusuf Neggers, Benjamin A. Olken, and Rohini Pande #20344 ( DEV PE) - Reference-Dependent Preferences: Evidence from Marathon Runners
Eric J. Allen, Patricia M. Dechow, Devin G. Pope, and George Wu #20343 ( LS PE)
Week of July 28, 2014
- Broken or Fixed Effects?
Charles E. Gibbons, Juan Carlos Suárez Serrato, and Michael B. Urbancic #20342 ( LS PE) - An Empirical Model of Network Formation: Detecting Homophily When Agents Are Heterogenous
Bryan S. Graham #20341 ( DEV IO LS TWP) - Information, Misallocation and Aggregate Productivity
Joel M. David, Hugo A. Hopenhayn, and Venky Venkateswaran #20340 ( DEV EFG PR) - Inflating Away the Public Debt? An Empirical Assessment
Jens Hilscher, Alon Raviv, and Ricardo Reis #20339 ( AP EFG ME) - An Exploration of the International Comparison Programs New Global Economic Landscape
Martin Ravallion #20338 ( DEV ME) - Is the Time Allocated to Review Patent Applications Inducing Examiners to Grant Invalid Patents?: Evidence from Micro-Level Application Data
Michael D. Frakes and Melissa F. Wasserman #20337 ( LE PR) - Capital Market Financing, Firm Growth, Firm Size Distribution
Tatiana Didier, Ross Levine, and Sergio L. Schmukler #20336 ( CF IFM ITI) - The Macroeconomics of Shadow Banking
Alan Moreira and Alexi Savov #20335 ( AP EFG ME) - Multiple Pollutants, Uncovered Sectors, and Suboptimal Environmental Policies
Don Fullerton and Daniel H. Karney #20334 ( EEE PE) - A Model to Evaluate Vehicle Emission Incentive Policies in Japan
Don Fullerton, Li Gan, and Miwa Hattori #20333 ( EEE PE) - Medical Marijuana Laws and Teen Marijuana Use
D. Mark Anderson, Benjamin Hansen, and Daniel I. Rees #20332 ( CH HE LE) - Measuring the Unequal Gains from Trade
Pablo D. Fajgelbaum and Amit K. Khandelwal #20331 ( ITI) - Non-Adherence In Health Care: A Positive and Normative Analysis
Mark Egan and Tomas J. Philipson #20330 ( HC HE) - Should Student Employment Be Subsidized? Conditional Counterfactuals and the Outcomes of Work-Study Participation
Judith Scott-Clayton and Veronica Minaya #20329 ( ED LS) - Implications of Heterogeneity in Preferences, Beliefs and Asset Trading Technologies for the Macroeconomy
YiLi Chien, Harold L. Cole, and Hanno Lustig #20328 ( EFG) - Barriers to Electrification for Under Grid Households in Rural Kenya
Kenneth Lee, Eric Brewer, Carson Christiano, Francis Meyo, Edward Miguel, Matthew Podolsky, Javier Rosa, and Catherine Wolfram #20327 ( DEV EEE) - Growth, Import Dependence and War
Roberto Bonfatti and Kevin Hjortshøj O'Rourke #20326 ( DAE ITI) - Finite Population Causal Standard Errors
Alberto Abadie, Susan Athey, Guido W. Imbens, and Jeffrey M. Wooldridge #20325 ( IO LS PE) - Presidents and the U.S. Economy: An Econometric Exploration
Alan S. Blinder and Mark W. Watson #20324 ( EFG) - Trade Liberalization, Quality, and Export Prices
Haichao Fan, Yao Amber Li, and Stephen R. Yeaple #20323 ( ITI)
Week of July 21, 2014
- When Incentives Matter Too Much: Explaining Significant Responses to Irrelevant Information
Thomas Ahn and Jacob L. Vigdor #20321 ( ED LS) - Time Preferences and Consumer Behavior
David Bradford, Charles Courtemanche, Garth Heutel, Patrick McAlvanah, and Christopher Ruhm #20320 ( EEE HE) - Risk and Ambiguity in Models of Business Cycles
David Backus, Axelle Ferriere, and Stanley Zin #20319 ( AP EFG) - Applying Insights from Behavioral Economics to Policy Design
Brigitte C. Madrian #20318 ( AG CH DEV ED EEE HC HE LE LS PE) - The Gradients of Power: Evidence from the Chinese Housing Market
Hanming Fang, Quanlin Gu, and Li-An Zhou #20317 ( PE) - A Surplus of Ambition: Can Europe Rely on Large Primary Surpluses to Solve its Debt Problem?
Barry Eichengreen and Ugo Panizza #20316 ( IFM) - Corruption, Intimidation, and Whistle-blowing: a Theory of Inference from Unverifiable Reports
Sylvain Chassang and Gerard Padró i Miquel #20315 ( DEV POL) - A Model of the Twin Ds: Optimal Default and Devaluation
Seunghoon Na, Stephanie Schmitt-Grohé, Martin Uribe, and Vivian Z. Yue #20314 ( EFG IFM ME) - Do Large Modern Retailers Pay Premium Wages?
Brianna Cardiff-Hicks, Francine Lafontaine, and Kathryn Shaw #20313 ( LS) - Serial Entrepreneurship: Learning by Doing?
Francine Lafontaine and Kathryn Shaw #20312 ( LS PR) - An Econometric Evaluation of Competing Explanations for The Midterm Gap
Brian G. Knight #20311 ( POL) - Loans on Sale: Credit Market Seasonality, Borrower Need, and Lender Rent Seeking
Justin Murfin and Mitchell Petersen #20310 ( CF IO) - Social Structure and Institutional Design: Evidence from a Lab Experiment in the Field
Emily Breza, Arun G. Chandrasekhar, and Horacio Larreguy #20309 ( DEV POL) - Expanding the School Breakfast Program: Impacts on Children's Consumption, Nutrition and Health
Diane Whitmore Schanzenbach and Mary Zaki #20308 ( CH ED PE) - The Micro and Macro of Disappearing Routine Jobs: A Flows Approach
Guido Matias Cortes, Nir Jaimovich, Christopher J. Nekarda, and Henry E. Siu #20307 ( EFG LS) - The Persistence and Heterogeneity of Health among Older Americans
Florian Heiss, Steven F. Venti, and David A. Wise #20306 ( AG) - Firms' Sickness Costs and Workers' Sickness Absences
René Böheim and Thomas Leoni #20305 ( AG) - Holy Cows or Cash Cows?
Orazio Attanasio and Britta Augsburg #20304 ( DEV EFG) - Identifying Long-Run Risks: A Bayesian Mixed-Frequency Approach
Frank Schorfheide, Dongho Song, and Amir Yaron #20303 ( AP EFG ME) - International Banking and Liquidity Risk Transmission: Lessons from Across Countries
Claudia M. Buch and Linda S. Goldberg #20286 ( IFM)
Week of July 14, 2014
- The Impact of Rainfall on Rice Output in Indonesia
David I. Levine and Dean Yang #20302 ( DEV) - Inducing Leaders to Take Risky Decisions: Dismissal, Tenure, and Term Limits
Philippe Aghion and Matthew Jackson #20301 ( POL) - Employee Satisfaction, Labor Market Flexibility, and Stock Returns Around The World
Alex Edmans, Lucius Li, and Chendi Zhang #20300 ( CF LE LS) - The Fiscal Cost of Weak Governance: Evidence from Teacher Absence in India
Karthik Muralidharan, Jishnu Das, Alaka Holla, and Aakash Mohpal #20299 ( DEV ED LS PE) - How Persistent Are Consumption Habits? Micro-Evidence from Russia's Alcohol Market
Lorenz Kueng and Evgeny Yakovlev #20298 ( AG AP EFG HE PE) - Financial Literacy and Retirement Planning in Canada
David Boisclair, Annamaria Lusardi, and Pierre-Carl Michaud #20297 ( AG) - The Value of Brownfield Remediation
Kevin Haninger, Lala Ma, and Christopher Timmins #20296 ( EEE) - Do Pharmacists Buy Bayer? Informed Shoppers and the Brand Premium
Bart J. Bronnenberg, Jean-Pierre Dubé, Matthew Gentzkow, and Jesse M. Shapiro #20295 ( IO) - Forward and Spot Exchange Rates in a Multi-currency World
Tarek A. Hassan and Rui C. Mano #20294 ( AP IFM ITI) - A Model of Dynamic Limit Pricing with an Application to the Airline Industry
Christopher Gedge, James W. Roberts, and Andrew Sweeting #20293 ( IO) - Do "Reverse Payment" Settlements of Brand-Generic Patent Disputes in the Pharmaceutical Industry Constitute an Anticompetitive Pay for Delay?
Keith M. Drake, Martha A. Starr, and Thomas McGuire #20292 ( HC LE) - Unhappy Cities
Edward L. Glaeser, Joshua D. Gottlieb, and Oren Ziv #20291 ( EFG LS) - What Policies Increase Prosocial Behavior? An Experiment with Referees at the Journal of Public Economics
Raj Chetty, Emmanuel Saez, and László Sándor #20290 ( LS PE) - Who Benefits from State Corporate Tax Cuts? A Local Labor Markets Approach with Heterogeneous Firms
Juan Carlos Suárez Serrato and Owen Zidar #20289 ( LS PE PR) - Banks as Patient Fixed-Income Investors
Samuel G. Hanson, Andrei Shleifer, Jeremy C. Stein, and Robert W. Vishny #20288 ( CF ME) - Housing, Finance and the Macroeconomy
Morris A. Davis and Stijn Van Nieuwerburgh #20287 ( AP EFG PE) - Liquidity Risk and U.S. Bank Lending at Home and Abroad
Ricardo Correa, Linda S. Goldberg, and Tara Rice #20285 ( IFM) - Improving Educational Outcomes in Developing Countries: Lessons from Rigorous Evaluations
Richard J. Murnane and Alejandro J. Ganimian #20284 ( ED) - The Prison Boom and the Lack of Black Progress after Smith and Welch
Derek Neal and Armin Rick #20283 ( LS) - The Shorting Premium and Asset Pricing Anomalies
Itamar Drechsler and Qingyi Freda Drechsler #20282 ( AP) - Decriminalizing Indoor Prostitution: Implications for Sexual Violence and Public Health
Scott Cunningham and Manisha Shah #20281 ( HE LS LE) - Hotelling Under Pressure
Soren T. Anderson, Ryan Kellogg, and Stephen W. Salant #20280 ( EEE IO) - Typhoid Fever, Water Quality, and Human Capital Formation
Brian Beach, Joseph Ferrie, Martin Saavedra, and Werner Troesken #20279 ( CH DAE HE) - Deposit Insurance Database
Asli Demirgüç-Kunt, Edward J. Kane, and Luc Laeven #20278 ( CF) - Coordination and Crisis in Monetary Unions
Mark Aguiar, Manuel Amador, Emmanuel Farhi, and Gita Gopinath #20277 ( EFG IFM ME)
Week of July 7, 2014
- Tractable and Consistent Random Graph Models
Arun G. Chandrasekhar and Matthew O. Jackson #20276 ( DEV LS TWP) - A Market Based Solution to Price Externalities: A Generalized Framework
Weerachart T. Kilenthong and Robert M. Townsend #20275 ( DEV IFM) - Governance, Risk Management, and Risk-Taking in Banks
René M. Stulz #20274 ( CF) - Long-Term Unemployment and the Great Recession: The Role of Composition, Duration Dependence, and Non-Participation
Kory Kroft, Fabian Lange, Matthew J. Notowidigdo, and Lawrence F. Katz #20273 ( EFG LS) - Fertility Decline and Missing Women
Seema Jayachandran #20272 ( CH DEV) - Educational Assortative Mating and Household Income Inequality
Lasse Eika, Magne Mogstad, and Basit Zafar #20271 ( LS PE) - Tales from the Bretton Woods
Michael D. Bordo #20270 ( DAE) - Patents and Cumulative Innovation: Causal Evidence from the Courts
Alberto Galasso and Mark Schankerman #20269 ( IO PR) - Learning Millennial-Style
Bruce I. Carlin, Li Jiang, and Stephen A. Spiller #20268 ( AP CF ED PE)
Week of June 30, 2014
- Mutual Assistance between Federal Reserve Banks, 1913-1960 as Prolegomena to the TARGET2 Debate
Barry Eichengreen, Arnaud J. Mehl, Livia Chiţu, and Gary Richardson #20267 (DAE IFM) - Public Goods Provision in the Presence of Heterogeneous Green Preferences
Mark Jacobsen, Jacob LaRiviere, and Michael Price #20266 (EEE) - The Liquidity Premium of Near-Money Assets
Stefan Nagel #20265 (AP ME) - The Acquisition and Commercialization of Invention in American Manufacturing: Incidence and Impact
Ashish Arora, Wesley M. Cohen, and John P. Walsh #20264 (PR) - A Comparison of Programming Languages in Economics
S. Borağan Aruoba and Jesús Fernández-Villaverde #20263 (EFG) - Channeling Remittances to Education: A Field Experiment Among Migrants from El Salvador
Kate Ambler, Diego Aycinena, and Dean Yang #20262 (DEV ED) - The Runner-Up Effect
Santosh Anagol and Thomas Fujiwara #20261 (DEV POL) - The "Business Climate" and Economic Inequality
David Neumark and Jennifer Muz #20260 (EFG LS PE) - Social Networks as Contract Enforcement: Evidence from a Lab Experiment in the Field
Arun G. Chandrasekhar, Cynthia Kinnan, and Horacio Larreguy #20259 (DEV POL) - Beyond Zeroes and Ones: The Intensity and Dynamics of Civil Conflict
Stephen Chaudoin, Zachary Peskowitz, and Christopher Stanton #20258 (DEV POL) - Extremal Quantile Regressions for Selection Models and the Black-White Wage Gap
Xavier D'Haultfoeuille, Arnaud Maurel, and Yichong Zhang #20257 (LS TWP) - Breaking the Glass Ceiling? The Effect of Board Quotas on Female Labor Market Outcomes in Norway
Marianne Bertrand, Sandra E. Black, Sissel Jensen, and Adriana Lleras-Muney #20256 (LS) - Banks as Secret Keepers
Tri Vi Dang, Gary Gorton, Bengt Holmström, and Guillermo Ordonez #20255 (CF EFG ME) - The Agglomeration of Bankruptcy
Efraim Benmelech, Nittai Bergman, Anna Milanez, and Vladimir Mukharlyamov #20254 (AP CF EFG IO LE PE) - Guns and Votes
Laurent Bouton, Paola Conconi, Francisco Pino, and Maurizio Zanardi #20253 (POL) - Globalisation, Pass-through and the Optimal Policy Response to Exchange Rates
Michael B. Devereux and James Yetman #20252 (IFM) - The Real Exchange Rate in the Long Run: Balassa-Samuelson Effects Reconsidered
Michael D. Bordo, Ehsan U. Choudhri, Giorgio Fazio, and Ronald MacDonald #20228 (DAE IFM)
Week of June 23, 2014
- Free to Leave? A Welfare Analysis of Divorce Regimes
Raquel Fernández and Joyce Cheng Wong #20251 (EFG POL) - Life Cycle Earnings, Education Premiums and Internal Rates of Return
Manudeep Bhuller, Magne Mogstad, and Kjell G. Salvanes #20250 (ED LS) - Defacto and Deeded Intellectual Property: Knowledge-Driven Co-Evolution of Firm Collaboration Boundaries and IPR Strategy
Lynne G. Zucker and Michael R. Darby #20249 (PR) - Productivity and Potential Output Before, During, and After the Great Recession
John Fernald #20248 (PR) - Geographic Barriers to Commodity Price Integration: Evidence from US Cities and Swedish Towns, 1732–1860
Mario J. Crucini and Gregor W. Smith #20247 (DAE IFM ITI) - Investor Sophistication and Capital Income Inequality
Marcin Kacperczyk, Jaromir B. Nosal, and Luminita Stevens #20246 (AP EFG IFM) - Measuring the Risk-Return Tradeoff with Time-Varying Conditional Covariances
Esben Hedegaard and Robert J. Hodrick #20245 (AP) - Trying to Understand the PPPs in ICP2011: Why are the Results so Different?
Angus Deaton and Bettina Aten #20244 (DEV EFG IFM) - Punishment and Deterrence: Evidence from Drunk Driving
Benjamin Hansen #20243 (HE LE PE) - The Eurocrisis: Muddling Through, or On the Way to a More Perfect Euro Union?
Joshua Aizenman #20242 (IFM) - The Revolving Door and Worker Flows in Banking Regulation
David Lucca, Amit Seru, and Francesco Trebbi #20241 (CF POL) - Behavioral Indifference Curves
John Komlos #20240 (TWP) - Saving More to Borrow Less: Experimental Evidence from Access to Formal Savings Accounts in Chile
Felipe Kast and Dina Pomeranz #20239 (DEV PE) - Escaping the Great Recession
Francesco Bianchi and Leonardo Melosi #20238 (ME) - Optimal Taylor Rules in New Keynesian Models
Christoph E. Boehm and Christopher L. House #20237 (EFG ME) - Global Value Chains and Effective Exchange Rates at the Country-Sector Level
Nikhil Patel, Zhi Wang, and Shang-Jin Wei #20236 (IFM ITI) - Transportation Costs and the Spatial Organization of Economic Activity
Stephen J. Redding and Matthew A. Turner #20235 (ITI) - Ode to the sea: Workplace Organizations and Norms of Cooperation
Uri Gneezy, Andreas Leibbrandt, and John A. List #20234 (EEE LS) - Marital Disruption and Health Insurance
H. Elizabeth Peters, Kosali Simon, and Jamie Rubenstein Taber #20233 (HC HE) - Making the Most of Capital in the 21st Century
Peter H. Lindert #20232 (DAE) - Revisiting American Exceptionalism: Democracy and the Regulation of Corporate Governance in Nineteenth-Century Pennsylvania
Naomi R. Lamoreaux #20231 (DAE) - Effects of Unconventional Monetary Policy on Financial Institutions
Gabriel Chodorow-Reich #20230 (ME) - Visual Tools and Narratives: New Ways to Improve Financial Literacy
Annamaria Lusardi, Anya Savikhin Samek, Arie Kapteyn, Lewis Glinert, Angela Hung, and Aileen Heinberg #20229 (AG) - Health, Disability Insurance and Retirement in Denmark
Paul Bingley, Nabanita Datta Gupta, Michael Jorgensen, and Peder Pedersen #20114 (AG)
Week of June 16, 2014
- The Choice of the Personal Income Tax Base
Roger H. Gordon and Wojciech Kopczuk #20227 (PE) - Paying on the Margin for Medical Care: Evidence from Breast Cancer Treatments
Liran Einav, Amy Finkelstein, and Heidi Williams #20226 (AG HC HE IO LE PE PR) - The Price Impact of Joining a Currency Union: Evidence from Latvia
Alberto Cavallo, Brent Neiman, and Roberto Rigobon #20225 (IFM ITI ME) - Monetary Policy Surprises, Credit Costs and Economic Activity
Mark Gertler and Peter Karadi #20224 (AP EFG ME) - "Sticker Shock" in Individual Insurance under Health Reform
Mark Pauly, Scott Harrington, and Adam Leive #20223 (HC HE) - Will Divestment from Employment-Based Health Insurance Save Employers Money? The Case of State and Local Governments
Jeremy D. Goldhaber-Fiebert, David M. Studdert, Monica S. Farid, and Jay Bhattacharya #20222 (AG HC HE PE) - Flaking Out: Student Absences and Snow Days as Disruptions of Instructional Time
Joshua Goodman #20221 (ED) - Capital Controls and Recovery from the Financial Crisis of the 1930s
Kris James Mitchener and Kirsten Wandschneider #20220 (DAE IFM) - Human Capital and Industrialization: Evidence from the Age of Enlightenment
Mara P. Squicciarini and Nico Voigtländer #20219 (DAE EFG) - Seasonal Credit Constraints and Agricultural Labor Supply: Evidence from Zambia
Günther Fink, B. Kelsey Jack, and Felix Masiye #20218 (DEV LS) - External Integration, Structural Transformation and Economic Development: Evidence from Argentina 1870-1914
Pablo Fajgelbaum and Stephen J. Redding #20217 (ITI) - The Dictator's Inner Circle
Patrick Francois, Ilia Rainer, and Francesco Trebbi #20216 (DEV POL) - Averting Catastrophes: The Strange Economics of Scylla and Charybdis
Ian W.R. Martin and Robert S. Pindyck #20215 (EEE EFG IO PE PR) - Parenting with Style: Altruism and Paternalism in Intergenerational Preference Transmission
Matthias Doepke and Fabrizio Zilibotti #20214 (CH DEV EFG) - Pharmaceutical Profits and the Social Value of Innovation
David Dranove, Craig Garthwaite, and Manuel Hermosilla #20212 (HC HE IO PE) - Intensive Math Instruction and Educational Attainment: Long-Run Impacts of Double-Dose Algebra
Kalena Cortes, Joshua Goodman, and Takako Nomi #20211 (ED LS) - External Equity Financing Shocks, Financial Flows, and Asset Prices
Frederico Belo, Xiaoji Lin, and Fan Yang #20210 (AP) - Misspecified Recovery
Jaroslav Borovička, Lars P. Hansen, and José A. Scheinkman #20209 (AP) - Premium Transparency in the Medicare Advantage Market: Implications for Premiums, Benefits, and Efficiency
Karen Stockley, Thomas McGuire, Christopher Afendulis, and Michael E. Chernew #20208 (HE) - Banks Are Where The Liquidity Is
Oliver Hart and Luigi Zingales #20207 (CF ME) - Heterogeneity in the Value of Life
Joseph E. Aldy and Seamus J. Smyth #20206 (EEE) - Income Inequality, Social Mobility, and the Decision to Drop Out of High School
Melissa S. Kearney and Phillip B. Levine #20195 (CH LS)
Week of June 9, 2014
- Informality and Development
Rafael La Porta and Andrei Shleifer #20205 (DEV EFG) - International Environmental Agreements among Heterogeneous Countries with Social Preferences
Charles D. Kolstad #20204 (EEE PE) - Five Steps to Planning Success. Experimental Evidence from U.S. Households
Aileen Heinberg, Angela A. Hung, Arie Kapteyn, Annamaria Lusardi, Anya Savikhin Samek, and Joanne Yoong #20203 (AG) - Access to Health Insurance and the Use of Inpatient Medical Care: Evidence from the Affordable Care Act Young Adult Mandate
Yaa Akosa Antwi, Asako S. Moriya, and Kosali Simon #20202 (HC HE) - Women's Income and Marriage Markets in the United States: Evidence from the Civil War Pension
Laura Salisbury #20201 (DAE LS) - Saving Europe?: The Unpleasant Arithmetic of Fiscal Austerity in Integrated Economies
Enrique G. Mendoza, Linda L. Tesar, and Jing Zhang #20200 (IFM) - Testing Asset Pricing Theory on Six Hundred Years of Stock Returns: Prices and Dividends for the Bazacle Company from 1372 to 1946
David le Bris, William N. Goetzmann, and Sébastien Pouget #20199 (AP) - American Banking and the Transportation Revolution Before the Civil War
Jeremy Atack, Matthew S. Jaremski, and Peter L. Rousseau #20198 (DAE) - Market Outcomes and Dynamic Patent Buyouts
Alberto Galasso, Matthew Mitchell, and Gabor Virag #20197 (PR) - Impact of Premium Subsidies on the Take-up of Health Insurance: Evidence from the 2009 American Recovery and Reinvestment Act (ARRA)
Asako S. Moriya and Kosali Simon #20196 (HC HE) - Monetary/Fiscal Policy Mix and Agents' Beliefs
Francesco Bianchi and Cosmin Ilut #20194 (EFG ME) - Information Aggregation in a DSGE Model
Tarek A. Hassan and Thomas M. Mertens #20193 (AP CF ME TWP) - A General Rationale for a Governmental Role in the Relief of Large Risks
Steven Shavell #20192 (LE PE) - Intrahousehold Inequality
Pierre-André Chiappori and Costas Meghir #20191 (CH LS PE) - Model Disagreement and Economic Outlook
Daniel Andrei, Bruce Carlin, and Michael Hasler #20190 (AP) - An African Growth Miracle?
Dani Rodrik #20188 (DEV IFM ITI PR) - On the Fundamental Relation Between Equity Returns and Interest Rates
Jaewon Choi, Matthew P. Richardson, and Robert F. Whitelaw #20187 (AP) - Estimating the Impact of Microcredit on Those Who Take It Up: Evidence from a Randomized Experiment in Morocco
Bruno Crépon, Florencia Devoto, Esther Duflo, and William Pariente #20144 (DEV)
Week of June 2, 2014
- The Value of Transmission in Electricity Markets: Evidence from a Nuclear Power Plant Closure
Lucas Davis and Catherine Hausman #20186 (EEE IO) - Long-Term Damage from the Great Recession in OECD Countries
Laurence M. Ball #20185 (EFG ME) - Grading on a Curve, and other Effects of Group Size on All-Pay Auctions
James Andreoni and Andy Brownback #20184 (PE) - Quantifying the Lasting Harm to the U.S. Economy from the Financial Crisis
Robert E. Hall #20183 (EFG) - Social Distance and Quality Ratings in Charity Choice
Alexander L. Brown, Jonathan Meer, and J. Forrest Williams #20182 (PE) - Dominated Choices and Medicare Advantage Enrollment
Christopher Afendulis, Anna Sinaiko, and Richard Frank #20181 (AG HC) - A Field Experiment on Directed Giving at a Public University
Catherine C. Eckel, David Herberich, and Jonathan Meer #20180 (PE) - Defense Government Spending Is Contractionary, Civilian Government Spending Is Expansionary
Roberto Perotti #20179 (EFG PE) - The Effect of Child Health Insurance Access on Schooling: Evidence from Public Insurance Expansions
Sarah Cohodes, Samuel Kleiner, Michael F. Lovenheim, and Daniel Grossman #20178 (CH ED HC PE) - Food for Thought: Comparing Estimates of Food Availability in England and Wales, 1700-1914
Bernard Harris, Roderick Floud, and Sok Chul Hong #20177 (DAE) - Capital Gains Lock-In and Governance Choices
Stephen G. Dimmock, William C. Gerken, Zoran IvkoviÄ, and Scott J. Weisbenner #20176 (AP CF PE) - Consumption Dynamics During Recessions
David Berger and Joseph Vavra #20175 (EFG) - Culture: Persistence and Evolution
Francesco Giavazzi, Ivan Petkov, and Fabio Schiantarelli #20174 (IFM POL) - In a Small Moment: Class Size and Moral Hazard in the Mezzogiorno
Joshua D. Angrist, Erich Battistin, and Daniela Vuri #20173 (CH DEV ED LS PE) - Under-investment in a Profitable Technology: The Case of Seasonal Migration in Bangladesh
Gharad Bryan, Shyamal Chowdhury, and Ahmed Mushfiq Mobarak #20172 (DEV LS) - Consumer Heterogeneity and Paid Search Effectiveness: A Large Scale Field Experiment
Tom Blake, Chris Nosko, and Steven Tadelis #20171 (IO) - To Charge or Not to Charge: Evidence from a Health Products Experiment in Uganda
Greg Fischer, Dean Karlan, Margaret McConnell, and Pia Raffler #20170 (DEV HE LS) - Medicaid: A Review of the Literature
Marianne P. Bitler and Madeline Zavodny #20169 (CH HC HE) - The Impact of Regional and Sectoral Productivity Changes on the U.S. Economy
Lorenzo Caliendo, Fernando Parro, Esteban Rossi-Hansberg, and Pierre-Daniel Sarte #20168 (EFG ITI) - The Career Prospects of Overeducated Americans
Brian Clark, Clément Joubert, and Arnaud Maurel #20167 (ED LS PE) - Does in utero Exposure to Illness Matter? The 1918 Influenza Epidemic in Taiwan as a Natural Experiment
Ming-Jen Lin and Elaine M. Liu #20166 (AG CH HE) - How does macroprudential regulation change bank credit supply?
Anil K Kashyap, Dimitrios P. Tsomocos, and Alexandros P. Vardoulakis #20165 (CF EFG ME) - Human Capital Effects of Anti-Poverty Programs: Evidence from a Randomized Housing Voucher Lottery
Brian Jacob, Max Kapustin, and Jens Ludwig #20164 (CH ED HE PE)
Week of May 27, 2014
- Collusion at the Extensive Margin
Martin C. Byford and Joshua S. Gans #20163 (IO) - âSelling Outâ and the Impact of Music Piracy on Artist Entry
Joshua S. Gans #20162 (PR) - Inflation Announcements and Social Dynamics
Kinda Hachem and Jing Cynthia Wu #20161 (EFG ME) - Weak Versus Strong Net Neutrality
Joshua S. Gans #20160 (IO PR) - Public Health Insurance Expansions and Hospital Technology Adoption
Seth Freedman, Haizhen Lin, and Kosali Simon #20159 (HC HE) - Are Americans and Indians More Altruistic than the Japanese and Chinese? Evidence from a New International Survey of Bequest Plans
Charles Yuji Horioka #20158 (AG EFG PE) - The Wealth Distribution in Bewley Economies with Investment Risk
Jess Benhabib, Alberto Bisin, and Shenghao Zhu #20157 (EFG) - When Does Education Matter? The Protective Effect of Education for Cohorts Graduating in Bad Times
David Cutler, Wei Huang, and Adriana Lleras-Muney #20156 (ED HE LS) - Small and Large Price Changes and the Propagation of Monetary Shocks
Fernando Alvarez, Hervé Le Bihan, and Francesco Lippi #20155 (EFG ME) - No-Bubble Condition: Model-free Tests in Housing Markets
Stefano Giglio, Matteo Maggiori, and Johannes Stroebel #20154 (AP CF EFG IFM ME) - A Revealed Preference Approach to the Elicitation of Political Attitudes: Experimental Evidence on Anti-Americanism in Pakistan
Leonardo Bursztyn, Michael Callen, Bruno Ferman, Ali Hasanain, and Noam Yuchtman #20153 (DEV POL) - House Price Gains and U.S. Household Spending from 2002 to 2006
Atif Mian and Amir Sufi #20152 (CF EFG ME) - Who do Unions Target? Unionization over the Life-Cycle of U.S. Businesses
Emin Dinlersoz, Jeremy Greenwood, and Henry Hyatt #20151 (EFG) - Highway to Hitler
Nico Voigtlaender and Hans-Joachim Voth #20150 (PE POL) - Does Financing Spur Small Business Productivity? Evidence from a Natural Experiment
Karthik Krishnan, Debarshi Nandy, and Manju Puri #20149 (CF PR) - Impacts of the Affordable Care Act Dependent Coverage Provision on Health-Related Outcomes of Young Adults
Silvia Barbaresco, Charles J. Courtemanche, and Yanling Qi #20148 (HC HE) - Friends or Foes: The Interrelationship between Angel and Venture Capital Markets
Thomas F. Hellmann and Veikko Thiele #20147 (CF) - How Did Distributional Preferences Change During the Great Recession?
Raymond Fisman, Pamela Jakiela, and Shachar Kariv #20146 (PE POL) - The Distributional Preferences of Americans
Raymond Fisman, Pamela Jakiela, and Shachar Kariv #20145 (PE POL) - Aggregate Fertility and Household Savings: A General Equilibrium Analysis using Micro Data
Abhijit Banerjee, Xin Meng, Tommaso Porzio, and Nancy Qian #20050 (DEV EFG)
Week of May 19, 2014
- Export Destinations and Input Prices
Paulo Bastos, Joana Silva, and Eric Verhoogen #20143 (ITI) - Can Variation in Subgroups' Average Treatment Effects Explain Treatment Effect Heterogeneity? Evidence from a Social Experiment
Marianne P. Bitler, Jonah B. Gelbach, and Hilary W. Hoynes #20142 (CH LS PE) - A Model of Monetary Policy and Risk Premia
Itamar Drechsler, Alexi Savov, and Philipp Schnabl #20141 (AP ME) - More Insurers Lower Premiums: Evidence from Initial Pricing in the Health Insurance Marketplaces
Leemore Dafny, Jonathan Gruber, and Christopher Ody #20140 (HC IO PE) - Social Learning and Communication
Ariel BenYishay and A. Mushfiq Mobarak #20139 (DEV) - Matching Capital and Labor
Jonathan B. Berk, Jules H. van Binsbergen, and Binying Liu #20138 (AP CF IO) - Financial Knowledge and 401(k) Investment Performance
Robert L. Clark, Annamaria Lusardi, and Olivia S. Mitchell #20137 (AG) - Two-Sided Heterogeneity and Trade
Andrew B. Bernard, Andreas Moxnes, and Karen Helene Ulltveit-Moe #20136 (ITI) - Financial Education and Access to Savings Accounts: Complements or Substitutes? Evidence from Ugandan Youth Clubs
Julian C. Jamison, Dean Karlan, and Jonathan Zinman #20135 (DEV LE LS) - Interest Rates and Money in the Measurement of Monetary Policy
Michael T. Belongia and Peter N. Ireland #20134 (ME) - Very Long-Run Discount Rates
Stefano Giglio, Matteo Maggiori, and Johannes Stroebel #20133 (AP CF EEE EFG ME PE POL) - The Behavioralist as Nutritionist: Leveraging Behavioral Economics To Improve Child Food Choice and Consumption
John A. List and Anya Savikhin Samek #20132 (HE) - Immigration, Search, and Redistribution: A Quantitative Assessment of Native Welfare
Michele Battisti, Gabriel Felbermayr, Giovanni Peri, and Panu Poutvaara #20131 ( LS PE) - A Big Data Approach to Optimal Sales Taxation
Christian Baker, Jeremy Bejarano, Richard W. Evans, Kenneth L. Judd, and Kerk L. Phillips #20130 (PE) - Resource Concentration and Civil Wars
Massimo Morelli and Dominic Rohner #20129 (DEV POL) - Has the Financial Crisis Permanently Changed the Practice of Monetary Policy? Has It Changed the Theory of Monetary Policy?
Benjamin M. Friedman #20128 (ME) - When Consumers Do Not Make an Active Decision: Dynamic Default Rules and their Equilibrium Effects
Keith M. Marzilli Ericson #20127 (IO LE PE) - Costs and Benefits to Phasing Out Paper Currency
Kenneth S. Rogoff #20126 (ME) - Small Victories: Creating Intrinsic Motivation in Savings and Debt Reduction
Alexander L. Brown and Joanna N. Lahey #20125 (AG PE POL) - Accounting and Actuarial Smoothing of Retirement Payouts in Participating Life Annuities
Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla, and Ivonne Siegelin #20124 (AG) - Pathways to Retirement and the Role of Financial Incentives in Sweden
Per Johansson, Lisa Laun, and Mårten Palme #20123 (AG) - The Economic Stimulus Payments of 2008 and the Aggregate Demand for Consumption
Christian Broda and Jonathan A. Parker #20122 (EFG ME PE) - Is the Stock Market Just a Side Show? Evidence from a Structural Reform
Murillo Campello, Rafael P. Ribas, and Yan Wang #20121 (CF DEV) - Social Security Programs and Retirement Around the World: Disability Insurance Programs and Retirement - Introduction and Summary
Courtney Coile, Kevin S. Milligan, and David A. Wise #20120 (AG) - Estimation of Affine Term Structure Models with Spanned or Unspanned Stochastic Volatility
Drew D. Creal and Jing Cynthia Wu #20115 (AP ME) - Economic History and Economic Development: New Economic History in Retrospect and Prospect
Peter Temin #20107 (DAE DEV)
Week of May 12, 2014
- Detection and Impact of Industrial Subsidies: The Case of World Shipbuilding
Myrto Kalouptsidi #20119 ( IO) - The Effect of School Finance Reforms on the Distribution of Spending, Academic Achievement, and Adult Outcomes
C. Kirabo Jackson, Rucker Johnson, and Claudia Persico #20118 ( CH ED LS PE) - Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound
Jing Cynthia Wu and Fan Dora Xia #20117 ( AP EFG ME) - The Role of Publication Selection Bias in Estimates of the Value of a Statistical Life
W. Kip Viscusi #20116 ( HE) - Effects of Maternal Depression on Family Food Insecurity
Kelly Noonan, Hope Corman, and Nancy E. Reichman #20113 ( HE PE) - Curriculum and Ideology
Davide Cantoni, Yuyu Chen, David Y. Yang, Noam Yuchtman, and Y. Jane Zhang #20112 ( DAE DEV LS POL) - The Effect of Public Insurance Coverage for Childless Adults on Labor Supply
Laura Dague, Thomas DeLeire, and Lindsey Leininger #20111 ( HE LS) - Asset Pricing with Countercyclical Household Consumption Risk
George M. Constantinides and Anisha Ghosh #20110 ( AP) - When Does Regulation Distort Costs? Lessons from Fuel Procurement in U.S. Electricity Generation
Steve Cicala #20109 ( EEE IO POL) - Race, Ethnicity, and Discriminatory Zoning
Allison Shertzer, Tate Twinam, and Randall P. Walsh #20108 ( DAE EEE LE) - Stereotypes
Pedro Bordalo, Nicola Gennaioli, and Andrei Shleifer #20106 ( ED POL) - Labor Mobility WIthin Currency Unions
Emmanuel Farhi and Iván Werning #20105 ( IFM PE) - Shock Elasticities and Impulse Responses
Jaroslav Borovička, Lars Peter Hansen, and José A. Scheinkman #20104 ( AP) - The Long Term Impact of Cash Transfers to Poor Families
Anna Aizer, Shari Eli, Joseph Ferrie, and Adriana Lleras-Muney #20103 ( CH DAE ED HE LS PE) - The New Empirical Economics of Management
Nicholas Bloom, Renata Lemos, Raffaella Sadun, Daniela Scur, and John Van Reenen #20102 ( DEV EFG IO ITI LS PE PR) - Reconciling Hayek's and Keynes Views of Recessions
Paul Beaudry, Dana Galizia, and Franck Portier #20101 ( EFG) - Evaluating Policies to Prevent another Crisis: An Economist’s View
Paul S. Willen #20100 ( EFG) - Financial Frictions and Firm Dynamics
Paul Bergin, Ling Feng, and Ching-Yi Lin #20099 ( EFG IFM ME) - Communicating Uncertainty in Official Economic Statistics
Charles F. Manski #20098 ( EFG PE TWP) - The Effect of Medical Marijuana Laws on Marijuana, Alcohol, and Hard Drug Use
Hefei Wen, Jason M. Hockenberry, and Janet R. Cummings #20085 (HE) - What is driving the "African Growth Miracle"?
Margaret S. McMillan and Kenneth Harttgen #20077 (ITI)
Week of May 5, 2014
- Is Smoking Inferior? Evidence from Variation in the Earned Income Tax Credit
Donald S. Kenkel, Maximilian D. Schmeiser, and Carly J. Urban #20097 (HE) - Corporate Governance and the Development of Manufacturing Enterprises in Nineteenth-Century Massachusetts
Eric Hilt #20096 (DAE) - Discrimination and the Effects of Drug Testing on Black Employment
Abigail K. Wozniak #20095 (LS PE) - Monetary Policy and Real Borrowing Costs at the Zero Lower Bound
Simon Gilchrist, David López-Salido, and Egon Zakrajšek #20094 (ME) - Foreign STEM Workers and Native Wages and Employment in U.S. Cities
Giovanni Peri, Kevin Shih, and Chad Sparber #20093 (LS PR) - Indirect Rule and State Weakness in Africa: Sierra Leone in Comparative Perspective
Daron Acemoglu, Isaías N. Chaves, Philip Osafo-Kwaako, and James A. Robinson #20092 (DEV) - The Market for High-Quality Medicine
Daniel Bennett and Wesley Yin #20091 (DEV HC) - Corruption in Chinese Privatizations
Raymond Fisman and Yongxiang Wang #20090 (CF DEV POL) - Nationalism and Economic Exchange: Evidence from Shocks to Sino-Japanese Relations
Raymond Fisman, Yasushi Hamao, and Yongxiang Wang #20089 (CF DEV ITI POL) - Banning Foreign Pharmacies from Sponsored Search: The Online Consumer Response
Matthew Chesnes, Weijia (Daisy) Dai, and Ginger Zhe Jin #20088 (IO) - Transfer Payments and the Macroeconomy: The Effects of Social Security Benefit Changes, 1952-1991
Christina D. Romer and David H. Romer #20087 (DAE EFG ME PE) - Segregated Security Exchanges with Ex Ante Rights to Trade: A Market-Based Solution to Collateral-Constrained Externalities
Weerachart T. Kilenthong and Robert M. Townsend #20086 (DEV IFM) - Mansion Tax: The Effect of Transfer Taxes on the Residential Real Estate Market
Wojciech Kopczuk and David J. Munroe #20084 (PE) - Floating a "Lifeboat": The Banque de France and the Crisis of 1889
Pierre-Cyrille Hautcoeur, Angelo Riva, and Eugene N. White #20083 (CF DAE ME) - Electoral Rules and the Quality of Politicians: Theory and Evidence from a Field Experiment in Afghanistan
Andrew Beath, Fotini Christia, Georgy Egorov, and Ruben Enikolopov #20082 (POL) - Uncertainty Shocks, Asset Supply and Pricing over the Business Cycle
Francesco Bianchi, Cosmin Ilut, and Martin Schneider #20081 (AP CF EFG ME)
Week of April 28, 2014
- The Role of Proximity in Foreclosure Externalities: Evidence from Condominiums
Lynn M. Fisher, Lauren Lambie-Hanson, and Paul S. Willen #20080 ( EFG) - Evolving Comparative Advantage and the Impact of Climate Change in Agricultural Markets: Evidence from 1.7 Million Fields around the World
Arnaud Costinot, Dave Donaldson, and Cory B. Smith #20079 ( DEV EEE EFG ITI) - The Evolution of Bank Boards of Directors in New York, 1840-1950
Howard Bodenhorn and Eugene N. White #20078 ( CF DAE) - The Common Factor in Idiosyncratic Volatility: Quantitative Asset Pricing Implications
Bernard Herskovic, Bryan T. Kelly, Hanno Lustig, and Stijn Van Nieuwerburgh #20076 ( AP) - Financial Health Economics
Ralph S.J. Koijen, Tomas J. Philipson, and Harald Uhlig #20075 ( HE EFG) - Market Structure, Reputation, and the Value of Quality Certification
Daniel W. Elfenbein, Raymond Fisman, and Brian McManus #20074 ( IO) - The Wealthy Hand-to-Mouth
Greg Kaplan, Giovanni L. Violante, and Justin Weidner #20073 ( AP EFG IFM ME) - Investment Noise and Trends
Robert F. Stambaugh #20072 ( AP) - Do ETFs Increase Volatility?
Itzhak Ben-David, Francesco Franzoni, and Rabih Moussawi #20071 ( AP CF) - Monetary Policy Drivers of Bond and Equity Risks
John Y. Campbell, Carolin Pflueger, and Luis M. Viceira #20070 ( AP EFG ME) - Firms and the Economics of Skilled Immigration
Sari Pekkala Kerr, William R. Kerr, and William F. Lincoln #20069 ( LS PR) - Understanding Earnings Dynamics: Identifying and Estimating the Changing Roles of Unobserved Ability, Permanent and Transitory Shocks
Lance Lochner and Youngki Shin #20068 ( ED LS) - On the Distributive Costs of Drug-Related Homicides
Nicolás Ajzenman, Sebastian Galiani, and Enrique Seira #20067 ( DEV) - Job Displacement and the Duration of Joblessness: The Role of Spatial Mismatch
Fredrik Andersson, John C. Haltiwanger, Mark J. Kutzbach, Henry O. Pollakowski, and Daniel H. Weinberg #20066 ( EFG LS)
Week of April 21, 2014
- Declining Migration within the U.S.: The Role of the Labor Market
Raven Molloy, Christopher L. Smith, and Abigail Wozniak #20065 ( DAE EFG LS) - In Search of the Armington Elasticity
Robert C. Feenstra, Philip Luck, Maurice Obstfeld, and Katheryn N. Russ #20063 ( IFM ITI) - Rare Booms and Disasters in a Multi-sector Endowment Economy
Jerry Tsai and Jessica A. Wachter #20062 ( AP) - Firms, Destinations, and Aggregate Fluctuations
Julian di Giovanni, Andrei A. Levchenko, and Isabelle Mejean #20061 ( EFG IFM ITI) - Localized and Biased Technologies: Atkinson and Stiglitz’s New View, Induced Innovations, and Directed Technological Change
Daron Acemoglu #20060 ( DEV EFG) - Economic Well-being and Anti-Semitic, Xenophobic, and Racist Attitudes in Germany
Naci H. Mocan and Christian Raschke #20059 ( HE LE LS POL) - Bequests and Heterogeneity in Retirement Wealth
Mariacristina De Nardi and Fang Yang #20058 ( EFG PE) - Co-residence, Life-Cycle Savings and Inter-generational Support in Urban China
Mark R. Rosenzweig and Junsen Zhang #20057 ( DEV) - Promise Scholarship Programs as Place-Making Policy: Evidence from School Enrollment and Housing Prices
Michael LeGower and Randall Walsh #20056 ( ED PE) - Inflation in the Great Recession and New Keynesian Models
Marco Del Negro, Marc P. Giannoni, and Frank Schorfheide #20055 ( EFG ME) - The Causal Effect of Competition on Prices and Quality: Evidence from a Field Experiment
Matias Busso and Sebastian Galiani #20054 ( DEV) - How Do Providers Respond to Public Health Insurance Expansions? Evidence from Adult Medicaid Dental Benefits
Thomas C. Buchmueller, Sarah Miller, and Marko Vujicic #20053 ( HC HE) - The “Amazon Tax”: Empirical Evidence from Amazon and Main Street Retailers
Brian Baugh, Itzhak Ben-David, and Hoonsuk Park #20052 ( CF IO) - Internal versus External Growth in Industries with Scale Economies: A Computational Model of Optimal Merger Policy
Ben Mermelstein, Volker Nocke, Mark A. Satterthwaite, and Michael D. Whinston #20051 ( IO)
Week of April 14, 2014
- Place-Based Policies
David Neumark and Helen Simpson #20049 (LS PE) - Information Disclosure through Agents: Evidence from a Field Experiment
Hunt Allcott and Richard Sweeney #20048 (EEE) - The Effect of Effectiveness: Donor Response to Aid Effectiveness in a Direct Mail Fundraising Experiment
Dean Karlan and Daniel H. Wood #20047 (DEV POL) - Host-Country Financial Development and Multinational Activity
L. Kamran Bilir, Davin Chor, and Kalina Manova #20046 (IFM ITI) - Health Care in a Multipayer System: The Effects of Health Care Service Demand among Adults under 65 on Utilization and Outcomes in Medicare
Sherry A. Glied #20045 (HC HE) - Private Information and Sunspots in Sequential Asset Markets
Jess Benhabib and Pengfei Wang #20044 (AP) - Capital Taxation under Political Constraints
Florian Scheuer and Alexander Wolitzky #20043 (EFG PE POL) - Varieties of Sovereign Crises: Latin America 1820-1931
Graciela Laura Kaminsky and Pablo Vega-García #20042 (IFM) - Credit Risk in the Euro Area
Simon Gilchrist and Benoît Mojon #20041 (EFG ME) - Understanding the Great Recession
Lawrence J. Christiano, Martin S. Eichenbaum, and Mathias Trabandt #20040 (EFG ME) - Algorithms and the Changing Frontier
Hezekiah Agwara, Philip Auerswald, and Brian Higginbotham #20039 (PR) - Uncertainty, Financial Frictions, and Investment Dynamics
Simon Gilchrist, Jae W. Sim, and Egon Zakrajšek #20038 (EFG) - The (Changing) Knowledge Production Function: Evidence from the MIT Department of Biology for 1970-2000
Annamaria Conti and Christopher C. Liu #20037 (ED PE) - Information Technology and the Distribution of Inventive Activity
Chris Forman, Avi Goldfarb, and Shane Greenstein #20036 (PR) - Health Status, Disability and Retirement Incentives in Belgium
Alain Jousten, Mathieu Lefebvre, and Sergio Perelman #20035 (AG) - Structuring Incentives Within Organizations: The Case of Accountable Care Organizations
Brigham Frandsen and James B. Rebitzer #20034 (HC IO LS) - The Euro and The Geography of International Debt Flows
Galina Hale and Maurice Obstfeld #20033 (IFM) - Did Railroads Make Antebellum U.S. Banks More Sound?
Jeremy Atack, Matthew S. Jaremski, and Peter L. Rousseau #20032 (DAE) - An Empirical Model of Wage Dispersion with Sorting
Jesper Bagger and Rasmus Lentz #20031 (EFG LS) - Retirement, Early Retirement and Disability: Explaining Labor Force Participation after 55 in France
Luc Behaghel, Didier Blanchet, and Muriel Roger #20030 (AG) - Colonial Institutions, Commodity Booms, and the Diffusion of Elementary Education in Brazil, 1889-1930
Aldo Musacchio, Andre Martinez, and Martina Viarengo #20029 (DAE) - Understanding Corporate Governance Through Learning Models of Managerial Competence
Benjamin E. Hermalin and Michael S. Weisbach #20028 (CF LE LS) - The Flight from Maturity
Gary B. Gorton, Andrew Metrick, and Lei Xie #20027 (AP CF EFG ME)
Week of April 7, 2014
- Which Peers Matter? The Relative Impacts of Collaborators, Colleagues, and Competitors
George J. Borjas and Kirk B. Doran #20026 ( LS) - Input Diffusion and the Evolution of Production Networks
Vasco Carvalho and Nico Voigtländer #20025 ( EFG IO PR) - Savings in Transnational Households: A Field Experiment among Migrants from El Salvador
Nava Ashraf, Diego Aycinena, Claudia Martínez A., and Dean Yang #20024 ( DEV LS) - Book Translations as Idea Flows: The Effects of the Collapse of Communism on the Diffusion of Knowledge
Ran Abramitzky and Isabelle Sin #20023 ( ITI LS PE POL PR) - Behavioral and Descriptive Forms of Choice Models
Ariel Pakes #20022 ( IO PR) - How Much Favorable Selection Is Left in Medicare Advantage?
Joseph P. Newhouse, Mary Price, J. Michael McWilliams, John Hsu, and Thomas G. McGuire #20021 ( HC) - The ACA: Some Unpleasant Welfare Arithmetic
Casey B. Mulligan #20020 ( EFG HE LS PE) - How Consumers Respond to Environmental Certification and the Value of Energy Information
Sébastien Houde #20019 ( EEE IO)
Week of March 31, 2014
- The Impact of Emerging Climate Risks on Urban Real Estate Price Dynamics
Devin Bunten and Matthew E. Kahn #20018 (AP EEE PE) - The Nature of Surgeon Human Capital Depreciation
Jason M. Hockenberry and Lorens A. Helmchen #20017 (HC HE) - Specialty Drug Prices and Utilization After Loss of U.S. Patent Exclusivity, 2001-2007
Rena M. Conti and Ernst R. Berndt #20016 (HC HE PR) - Second Liens and the Holdup Problem in Mortgage Renegotiation
Sumit Agarwal, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Yan Zhang #20015 (CF) - Intellectual Property Rights, the Pool of Knowledge, and Innovation
Joseph E. Stiglitz #20014 (PE PR) - Preferences, Selection, and Value Added: A Structural Approach
Şaziye Pelin Akyol and Kala Krishna #20013 (ED PE) - Why Stars Matter
Ajay Agrawal, John McHale, and Alexander Oettl #20012 (LS PR) - Predictability and Power in Legislative Bargaining
S. Nageeb Ali, B. Douglas Bernheim, and Xiaochen Fan #20011 (PE POL) - Using Social Media to Measure Labor Market Flows
Dolan Antenucci, Michael Cafarella, Margaret C. Levenstein, Christopher Ré, and Matthew D. Shapiro #20010 (EFG LS ME PR) - Debt, Taxes, and Liquidity
Patrick Bolton, Hui Chen, and Neng Wang #20009 (AP CF PE) - On the Role of Group Size in Tournaments: Theory and Evidence from Lab and Field Experiments
John A. List, Daan Van Soest, Jan Stoop, and Haiwen Zhou #20008 (IO PE) - The Behavioralist As Tax Collector: Using Natural Field Experiments to Enhance Tax Compliance
Michael Hallsworth, John A. List, Robert D. Metcalfe, and Ivo Vlaev #20007 (PE)
Week of March 24, 2014
- Does Classroom Time Matter? A Randomized Field Experiment of Hybrid and Traditional Lecture Formats in Economics
Theodore J. Joyce, Sean Crockett, David A. Jaeger, Onur Altindag, and Stephen D. O'Connell #20006 (ED) - Unintended Consequences of Products Liability: Evidence from the Pharmaceutical Market
Eric Helland, Darius Lakdawalla, Anup Malani, and Seth A. Seabury #20005 (HC HE LE PE) - Democracy Does Cause Growth
Daron Acemoglu, Suresh Naidu, Pascual Restrepo, and James A. Robinson #20004 (DEV EFG POL) - Commodity-Price Comovement and Global Economic Activity
Ron Alquist and Olivier Coibion #20003 (EFG IFM ME) - A Global View of Cross-Border Migration
Julian di Giovanni, Andrei A. Levchenko, and Francesc Ortega #20002 (IFM ITI) - Option Value of Work, Health Status, and Retirement Decisions in Japan: Evidence from the Japanese Study on Aging and Retirement (JSTAR)
Satoshi Shimizutani, Takashi Oshio, and Mayu Fujii #20001 (PE) - Getting Better or Feeling Better? How Equity Investors Respond to Investment Experience
John Y. Campbell, Tarun Ramadorai, and Benjamin Ranish #20000 (AP) - Payments Infrastructure and the Performance of Public Programs: Evidence from Biometric Smartcards in India
Karthik Muralidharan, Paul Niehaus, and Sandip Sukhtankar #19999 (DEV PE POL) - Risk Adjustment of Health Plan Payments to Correct Inefficient Plan Choice from Adverse Selection
Jacob Glazer, Thomas G. McGuire, and Julie Shi #19998 (HC) - Anatomy of a Credit Crunch: From Capital to Labor Markets
Francisco J. Buera, Roberto Fattal-Jaef, and Yongseok Shin #19997 (EFG) - Less Cash, Less Crime: Evidence from the Electronic Benefit Transfer Program
Richard Wright, Erdal Tekin, Volkan Topalli, Chandler McClellan, Timothy Dickinson, and Richard Rosenfeld #19996 (HE LE LS PE) - Fiscal Federalism and Legislative Malapportionment: Causal Evidence from Independent but Related Natural Experiments
Sebastian Galiani, Iván Torre, and Gustavo Torrens #19995 (DEV) - Optimal Development Policies with Financial Frictions
Oleg Itskhoki and Benjamin Moll #19994 (DEV EFG IFM) - Price Cutting and Business Stealing in Imperfect Cartels
B. Douglas Bernheim and Erik Madsen #19993 (IO) - Trade, Skills, and Quality Upgrading: A Theory with Evidence from Colombia
Ana Cecília Fieler, Marcela Eslava, and Daniel Xu #19992 (ITI PR) - Evasive Shareholder Meetings
Yuanzhi Li and David Yermack #19991 (CF LE) - Large and Small Sellers: A Theory of Equilibrium Price Dispersion with Sequential Search
Guido Menzio and Nicholas Trachter #19990 (EFG IO) - Who Benefits when the Government Pays More? Pass-Through in the Medicare Advantage Program
Mark Duggan, Amanda Starc, and Boris Vabson #19989 (HE PE) - Optimal Employment Contracts with Hidden Search
Rasmus Lentz #19988 (EFG) - The Causal Effects of Competition on Innovation: Experimental Evidence
Philippe Aghion, Stefan Bechtold, Lea Cassar, and Holger Herz #19987 (PR) - Putting integrity Into Finance: A Purely Positive Approach
Werner Erhard and Michael C. Jensen #19986 (CF) - Nonlinearities in Sovereign Risk Pricing: The Role of CDS Index Contracts
Anne-Laure Delatte, Julien Fouquau, and Richard Portes #19985 (AP IFM) - Why Do Banks Practice Regulatory Arbitrage? Evidence from Usage of Trust Preferred Securities
Nicole M. Boyson, Rüdiger Fahlenbrach, and René M. Stulz #19984 (AP CF) - Education, Health and Wages
James J. Heckman, John Eric Humphries, Gregory Veramendi, and Sergio Urzúa #19971 (CH ED HC HE LS POL TWP)
Week of March 17, 2014
- Instrumental Variables: An Econometrician's Perspective
Guido W. Imbens #19983 (LS) - Global Benefits of Marine Protected Areas
James Rising and Geoffrey Heal #19982 (EEE) - The Effects of Monetary Policy on Stock Market Bubbles: Some Evidence
Jordi Gali and Luca Gambetti #19981 (AP EFG ME) - The Transmission of Federal Reserve Tapering News to Emerging Financial Markets
Joshua Aizenman, Mahir Binici, and Michael M. Hutchison #19980 (IFM) - Does grief transfer across generations? In-utero deaths and child outcomes
Sandra E. Black, Paul J. Devereux, and Kjell G. Salvanes #19979 (CH ED LS) - Suicide and Property Rights in India
Siwan Anderson and Garance Genicot #19978 (DEV) - How Do Electricity Shortages Affect Productivity? Evidence from India
Hunt Allcott, Allan Collard-Wexler, and Stephen D. O'Connell #19977 (DEV EEE IO PR) - Aspirations and Inequality
Garance Genicot and Debraj Ray #19976 (DEV) - Risk, Ambiguity, and the Exercise of Employee Stock Options
Yehuda Izhakian and David Yermack #19975 (AP CF) - One Fundamental and Two Taxes: When Does a Tobin Tax Reduce Financial Price Volatility?
Yongheng Deng, Xin Liu, and Shang-Jin Wei #19974 (AP DEV IFM) - Uncertainty Traps
Pablo Fajgelbaum, Edouard Schaal, and Mathieu Taschereau-Dumouchel #19973 (EFG) - Rating Agencies
Harold Cole and Thomas F. Cooley #19972 (CF EFG) - Liquidity Trap and Excessive Leverage
Anton Korinek and Alp Simsek #19970 (EFG IFM ME) - Estimating the Risk-Return Trade-off with Overlapping Data Inference
Esben Hedegaard and Robert J. Hodrick #19969 (AP) - Exporters and Shocks: Dissecting the International Elasticity Puzzle
Doireann Fitzgerald and Stefanie Haller #19968 (IFM ITI) - Macroprudential Policies in a Global Perspective
Week of March 10, 2014
- Household Demand for Low Carbon Public Policies: Evidence from California
Matthew J. Holian and Matthew E. Kahn #19965 (EEE PE POL) - Public Transit Bus Procurement: The Role of Energy Prices, Regulation and Federal Subsidies
Shanjun Li, Matthew E. Kahn, and Jerry Nickelsburg #19964 (EEE PE POL) - Uncovered Equity Parity and Rebalancing in International Portfolios
Stephanie E. Curcuru, Charles P. Thomas, Francis E. Warnock, and Jon Wongswan #19963 (IFM) - German-Jewish Emigres and U.S. Invention
Petra Moser, Alessandra Voena, and Fabian Waldinger #19962 (DAE LS PR) - Empowering Women: The Effect of Schooling on Young Women's Knowledge and Use of Contraception
Mabel Andalón, Jenny Williams, and Michael Grossman #19961 (HE) - Managing Credit Bubbles
Alberto Martin and Jaume Ventura #19960 (EFG) - Matching Methods in Practice: Three Examples
Guido W. Imbens #19959 (LS) - Asset Prices in a Lifecycle Economy
Roger E.A. Farmer #19958 (EFG IFM) - Leverage and Beliefs: Personal Experience and Risk Taking in Margin Lending
Peter Koudijs and Hans-Joachim Voth #19957 (AP) - Negative Tests and the Efficiency of Medical Care: What Determines Heterogeneity in Imaging Behavior?
Jason Abaluck, Leila Agha, Christopher Kabrhel, Ali Raja, and Arjun Venkatesh #19956 (AG HC HE PE) - Caveat Lector: Sample Selection in Historical Heights and the Interpretation of Early Industrializing Economies
Howard Bodenhorn, Timothy Guinnane, and Thomas Mroz #19955 (DAE) - The Effects of Medicare on Medical Expenditure Risk and Financial Strain
Silvia Helena Barcellos and Mireille Jacobson #19954 (HC HE) - Opting Out of Good Governance
C. Fritz Foley, Paul Goldsmith-Pinkham, Jonathan Greenstein, and Eric Zwick #19953 (CF) - Using Bankruptcy to Reduce Foreclosures: Does Strip-down of Mortgages Affect the Supply of Mortgage Credit?
Wenli Li, Ishani Tewari, and Michelle J. White #19952 (LE) - Trapped Factors and China's Impact on Global Growth
Nicholas Bloom, Paul M. Romer, Stephen J. Terry, and John Van Reenen #19951 (DEV EFG IFM ITI PR) - The Sad Truth About Happiness Scales
Timothy N. Bond and Kevin Lang #19950 (DEV LS PE) - Election Fairness and Government Legitimacy in Afghanistan
Eli Berman, Michael Callen, Clark Gibson, and James D. Long #19949 (DEV POL) - A Century of Capital Structure: The Leveraging of Corporate America
John R. Graham, Mark T. Leary, and Michael R. Roberts #19910 (CF) - Trial and Settlement: A Study of High-Low Agreements
J.J. Prescott, Kathryn E. Spier, and Albert Yoon #19873 (LE)
Week of March 3, 2014
- Effects of Prescription Drug Insurance on Hospitalization and Mortality: Evidence from Medicare Part D
Robert Kaestner, Cuiping Long, and G. Caleb Alexander #19948 ( HE) - Patents as Quality Signals? The Implications for Financing Constraints on R&D
Dirk Czarnitzki, Bronwyn H. Hall, and Hanna Hottenrott #19947 ( CF PR) - Maturity Rationing and Collective Short-Termism
Konstantin Milbradt and Martin Oehmke #19946 ( CF) - Do Loan Officers Incentives Lead to Lax Lending Standards?
Sumit Agarwal and Itzhak Ben-David #19945 ( CF) - Particulate Pollution and the Productivity of Pear Packers
Tom Chang, Joshua Graff Zivin, Tal Gross, and Matthew Neidell #19944 ( EEE HC HE LS) - The Political Coase Theorem: Experimental Evidence
Sebastian Galiani, Gustavo Torrens, and Maria Lucia Yanguas #19943 ( DEV) - In with the Big, Out with the Small: Removing Small-Scale Reservations in India
Leslie Martin, Shanthi Nataraj, and Ann Harrison #19942 ( DEV ITI) - Trade and Uncertainty
Dennis Novy and Alan M. Taylor #19941 ( EFG IFM ITI) - Breastfeeding and Child Disability: A Comparison of Siblings from the United States
George L. Wehby #19940 ( CH HC HE) - Did Robert Bork Understate the Competitive Impact of Mergers? Evidence from Consummated Mergers
Orley C. Ashenfelter, Daniel Hosken, and Matthew C. Weinberg #19939 ( IO LE) - Exiting from QE
Fumio Hayashi and Junko Koeda #19938 ( ME) - Understanding the Role of Time-Varying Unobserved Ability Heterogeneity in Education Production
Weili Ding and Steven F. Lehrer #19937 ( ED) - The Economics of Work Schedules under the New Hours and Employment Taxes
Casey B. Mulligan #19936 ( EFG LS PE) - Heterogeneous Paths Through College: Detailed Patterns and Relationships with Graduation and Earnings
Rodney Andrews, Jing Li, and Michael F. Lovenheim #19935 ( ED LS) - Learning From the Doers: Developing Country Lessons for Advanced Economy Growth
Anusha Chari and Peter Blair Henry #19934 ( EFG IFM) - Institutions, Human Capital and Development
Daron Acemoglu, Francisco A. Gallego, and James A. Robinson #19933 ( DEV) - Equilibrium Tax Rates and Income Redistribution: A Laboratory Study
Marina Agranov and Thomas R. Palfrey #19918 ( POL) - Equalizing Superstars: The Internet and the Democratization of Education
Daron Acemoglu, David Laibson, and John A. List #19851 ( ED)
Week of February 24, 2014
- The Labor Market Effects of Reducing Undocumented Immigrants
Andri Chassamboulli and Giovanni Peri #19932 (LS) - Liquidity Risk and the Dynamics of Arbitrage Capital
Péter Kondor and Dimitri Vayanos #19931 (AP) - Retirement Security in an Aging Society
James M. Poterba #19930 (AG PE) - Endogenous Co-residence and Program Incidence: South Africaâs Old Age Pension
Amar Hamoudi and Duncan Thomas #19929 (DEV) - Adjusting Body Mass for Measurement Error with Invalid Validation Data
Charles Courtemanche, Joshua C. Pinkston, and Jay Stewart #19928 (HE) - The Safety Trap
Ricardo J. Caballero and Emmanuel Farhi #19927 (AP ME) - The Growing Dependence of Britain on Trade during the Industrial Revolution
Gregory Clark, Kevin Hjortshøj O'Rourke, and Alan M. Taylor #19926 (DAE EFG ITI) - The Economics of Human Development and Social Mobility
James J. Heckman and Stefano Mosso #19925 (CH ED POL) - The Argentina Paradox: Microexplanations and Macropuzzles
Alan M. Taylor #19924 (DAE DEV EFG IFM) - Trade Liberalization in Manufacturing and Accelerated Growth in Services in India
Rajeev Dehejia and Arvind Panagariya #19923 ( ITI) - Driving to Opportunity: Local Rents, Wages, Commuting Costs and Sub-Metropolitan Quality of Life
David Albouy and Bert Lue #19922 (EEE LS PE) - The Learning Process and Technological Change in Wind Power: Evidence from Chinaâs CDM Wind Projects
Tian Tang and David Popp #19921 (EEE PR) - The Effectiveness of Mandatory Mortgage Counseling: Can One Dissuade Borrowers from Choosing Risky Mortgages?
Sumit Agarwal, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Douglas Evanoff #19920 (CF) - Urban Population and Amenities
David Albouy and Bryan Stuart #19919 (EEE LS PE) - Foreign Ownership of U.S. Safe Assets: Good or Bad?
Jack Favilukis, Sydney C. Ludvigson, and Stijn Van Nieuwerburgh #19917 (AP EFG IFM) - Gravity and Extended Gravity: Using Moment Inequalities to Estimate a Model of Export Entry
Eduardo Morales, Gloria Sheu, and Andrés Zahler #19916 (ITI) - The Dynamic Effects of Educational Accountability
Hugh Macartney #19915 (CH ED LS PE) - Debt Crises and Risk Sharing: The Role of Markets versus Sovereigns
Sebnem Kalemli-Ozcan, Emiliano E. Luttini, and Bent Sørensen #19914 (IFM) - Financial Incentives, Health and Retirement in Spain
Pilar García-Gómez, Sergi Jiménez-Martín, and Judit Vall Castelló #19913 (AG HE PE) - Big-Box Retailers and Urban Carbon Emissions: The Case of Wal-Mart
Matthew E. Kahn and Nils Kok #19912 (EEE PE PR) - Fiscal Multipliers in Japan
Alan J. Auerbach and Yuriy Gorodnichenko #19911 (EFG PE) - Is It Too Late to Bail Out the Troubled Countries in the Eurozone?
Juan Carlos Conesa and Timothy J. Kehoe #19909 (EFG IFM) - Union Organizing Decisions in a Deteriorating Environment: The Composition of Representation Elections and the Decline in Turnout
Henry S. Farber #19908 (LS) - Effect of Pensions and Disability Benefits on Retirement in the UK
James Banks, Carl Emmerson, and Gemma Tetlow #19907 (AG) - Relaxing Occupational Licensing Requirements: Analyzing Wages and Prices for a Medical Service
Morris M. Kleiner, Allison Marier, Kyoung Won Park, and Coady Wing #19906 (IO LE LS)
Week of February 17, 2014
- Collaborating With People Like Me: Ethnic co-authorship within the US
Richard B. Freeman and Wei Huang #19905 (LS) - Regulatory Redistribution in the Market for Health Insurance
Jeffrey Clemens #19904 (HC HE PE) - A New Approach to Explaining the Value of Colonial Paper Money: Evidence from New Jersey, 1709-1775
Farley Grubb #19903 (DAE ME) - The Role of Health in Retirement
Alan L. Gustman and Thomas L. Steinmeier #19902 (AG HE LS PE) - Acquisitions, Productivity, and Profitability: Evidence from the Japanese Cotton Spinning Industry
Serguey Braguinsky, Atsushi Ohyama, Tetsuji Okazaki, and Chad Syverson #19901 (CF DEV IO PR) - Can Intangible Capital Explain Cyclical Movements in the Labor Wedge?
Francois Gourio and Leena Rudanko #19900 (EFG ME) - Optimal Tax Progressivity: An Analytical Framework
Jonathan Heathcote, Kjetil Storesletten, and Giovanni L. Violante #19899 (EFG PE POL) - Are Chinese Markets for Manufactured Products More Competitive than in the US?: A Comparison of China –US Industrial Concentration Ratios
Jun Wang and John Whalley #19898 (DEV IO) - An Optimizing Neuroeconomic Model of Discrete Choice
Michael Woodford #19897 (EFG) - Efficiency versus Equity in the Allocation of Medical Specialty Training Positions in Spain: A Health Policy Simulation Based on a Discrete Choice Model
Jeffrey E. Harris, Beatriz G. López-Valcárcel, Patricia Barber, and Vicente Ortún #19896 (HC HE PE) - The Demise of U.S. Economic Growth: Restatement, Rebuttal, and Reflections
Robert J. Gordon #19895 (DAE EFG PR) - Search Frictions and Market Power in Negotiated Price Markets
Jason Allen, Robert Clark, and Jean-François Houde #19883 (IO)
Week of February 10, 2014
- Young, Restless and Creative: Openness to Disruption and Creative Innovations.
Daron Acemoglu, Ufuk Akcigit, and Murat Alp Celik #19894 (EFG PR) - Are Chinese Growth and Inflation Too Smooth? Evidence from Engel Curves
Emi Nakamura, Jón Steinsson, and Miao Liu #19893 (DEV EFG IFM ME) - Effects of Index-Fund Investing on Commodity Futures Prices
James D. Hamilton and Jing Cynthia Wu #19892 (AP EEE ME) - Scale and Skill in Active Management
Lubos Pastor, Robert F. Stambaugh, and Lucian A. Taylor #19891 (AP CF LS) - Central Clearing and Collateral Demand
Darrell Duffie, Martin Scheicher, and Guillaume Vuillemey #19890 (AP) - Health, Financial Incentives, and Early Retirement: Micro-Simulation Evidence for Germany
Hendrik Juerges, Lars Thiel, Tabea Bucher-Koenen, Johannes Rausch, Morten Schuth, and Axel Boersch-Supan #19889 (AG) - Does Female Empowerment Promote Economic Development?
Matthias Doepke and Michèle Tertilt #19888 (DEV EFG) - Measuring the ''World'' Real Interest Rate
Mervyn King and David Low #19887 (AP ME) - Is Increased Price Flexibility Stabilizing? Redux
Saroj Bhattarai, Gauti Eggertsson, and Raphael Schoenle #19886 (ME) - A Macroeconomic Framework for Quantifying Systemic Risk
Zhiguo He and Arvind Krishnamurthy #19885 (AG EFG ME) - Short-run Effects of Job Loss on Health Conditions, Health Insurance, and Health Care Utilization
Jessamyn Schaller and Ann Huff Stevens #19884 (HC HE LS) - Default and Repayment Among Baccalaureate Degree Earners
Lance J. Lochner and Alexander Monge-Naranjo #19882 (ED LS PE) - Coal, Smoke, and Death: Bituminous Coal and American Home Heating
Alan Barreca, Karen Clay, and Joel Tarr #19881 (CH DAE EEE) - Media Bias in the Marketplace: Theory
Matthew Gentzkow, Jesse M. Shapiro, and Daniel F. Stone #19880 (IO POL) - Risk Aversion and the Desirability of Attenuated Legal Change
Steven Shavell #19879 (LE)
Week of February 3, 2014
- Tobacco Control Campaign in Uruguay: Impact on Smoking Cessation during Pregnancy
Jeffrey E. Harris, Ana Inés Balsa, and Patricia Triunfo #19878 (DEV HC HE PE) - The Morphology of Price Dispersion
Greg Kaplan and Guido Menzio #19877 (EFG IO ME) - Revealed Preference, Rational Inattention, and Costly Information Acquisition
Andrew Caplin and Mark Dean #19876 (TWP) - Testing for Information Asymmetries in Real Estate Markets
Pablo Kurlat and Johannes Stroebel #19875 (AP) - Present-Bias, Procrastination and Deadlines in a Field Experiment
Alberto Bisin and Kyle Hyndman #19874 (CH ED) - Intra-national Trade Costs: Measurement and Aggregation
Delina E. Agnosteva, James E. Anderson, and Yoto V. Yotov #19872 (ITI) - High Discounts and High Unemployment
Robert E. Hall #19871 (AP EFG LS ME) - A Contribution to the Empirics of Reservation Wages
Alan B. Krueger and Andreas I. Mueller #19870 (LS PE) - Divorce Risk, Wages, and Working Wives: A Quantitative Life-Cycle Analysis of Female Labor Force Participation
Raquel Fernández and Joyce C. Wong #19869 (EFG LS PE POL) - Political Reservations and Women’s Entrepreneurship in India
Ejaz Ghani, William R. Kerr, and Stephen D. O'Connell #19868 (DEV LS PE POL PR) - Management Practices, Relational Contracts, and the Decline of General Motors
Susan Helper and Rebecca Henderson #19867 (IO PR) - Age and Scientific Genius
Benjamin Jones, E.J. Reedy, and Bruce A. Weinberg #19866 (LS) - Exporter Dynamics, Firm Size and Growth, and Partial Year Effects
Andrew B. Bernard, Renzo Massari, Jose-Daniel Reyes, and Daria Taglioni #19865 (IO ITI) - How Risky Are Recessions for Top Earners?
Fatih Guvenen, Greg Kaplan, and Jae Song #19864 (AP EFG IFM ME) - Loose Knots: Strong versus Weak Commitments to Save for Education in Uganda
Dean Karlan and Leigh L. Linden #19863 (DEV LE LS) - Demand Modeling, Forecasting, and Counterfactuals, Part I
Parag A. Pathak and Peng Shi #19859 (ED IO PE) - Managing Innovation in a Crowd
Daron Acemoglu, Mohamed Mostagir, and Asuman Ozdaglar #19852 (PR) - Could a Website Really Have Doomed the Health Exchanges? Multiple Equilibria, Initial Conditions and the Construction of the Fine
Florian Scheuer and Kent Smetters #19835 (AG HE IO PE)
Week of January 27, 2014
- The (Surprising) Efficacy of Academic and Behavioral Intervention with Disadvantaged Youth: Results from a Randomized Experiment in Chicago
Philip J. Cook, Kenneth Dodge, George Farkas, Roland G. Fryer, Jr, Jonathan Guryan, Jens Ludwig, Susan Mayer, Harold Pollack and Laurence Steinberg #19862 (CH DAE DEV ED EFG HC HE LE LS PE) - American Colonial Incomes, 1650-1774
Peter H. Lindert and Jeffrey G. Williamson #19861 (DAE) - How Johnson Fought the War on Poverty: The Economics and Politics of Funding at the Office of Economic Opportunity
Martha J. Bailey and Nicolas J. Duquette #19860 (DAE LS PE) - Every Breath You Take – Every Dollar You’ll Make: The Long-Term Consequences of the Clean Air Act of 1970
Adam Isen, Maya Rossin-Slater, and W. Reed Walker #19858 (CH EEE LS) - Breaking the Link Between Legal Access to Alcohol and Motor Vehicle Accidents: Evidence from New South Wales
Jason M. Lindo, Peter Siminski, and Oleg Yerokhin #19857 (HE LE PE) - Equilibrium Health Spending and Population Aging in a Model of Endogenous Growth - Will the GDP Share of Health Spending Keep Rising?
Isaac Ehrlich and Yong Yin #19856 (AG EFG HC HE PE) - How Durable are Social Norms? Immigrant Trust and Generosity in 132 Countries
John F. Helliwell, Shun Wang, and Jinwen Xu #19855 (DEV PE POL) - International Liquidity and Exchange Rate Dynamics
Xavier Gabaix and Matteo Maggiori #19854 (AP CF EFG IFM ME) - China’s Regional and Bilateral Trade Agreements
Chunding Li, Jing Wang, and John Whalley #19853 (ITI) - Does Greater Inequality Lead to More Household Borrowing? New Evidence from Household Data
Olivier Coibion, Yuriy Gorodnichenko, Marianna Kudlyak, and John Mondragon #19850 (EFG ME) - Productivity Response to a Contract Change
Rajshri Jayaraman, Debraj Ray, and Francis de Vericourt #19849 (DEV) - Under the Thumb of History? Political Institutions and the Scope for Action
Abhijit Banerjee and Esther Duflo #19848 (POL) - General Equilibrium Impacts of a Federal Clean Energy Standard
Lawrence H. Goulder, Marc A. C. Hafstead, and Roberton C. Williams III #19847 (EEE PE) - Using the Pareto Distribution to Improve Estimates of Topcoded Earnings
Philip Armour, Richard V. Burkhauser, and Jeff Larrimore #19846 (LS PE TWP) - Firm Age, Investment Opportunities, and Job Creation
Manuel Adelino, Song Ma, and David T. Robinson #19845 (CF PR) - Is the United States Still a Land of Opportunity? Recent Trends in Intergenerational Mobility
Raj Chetty, Nathaniel Hendren, Patrick Kline, Emmanuel Saez, and Nicholas Turner #19844 (CH DAE EFG LS PE ED) - Where is the Land of Opportunity? The Geography of Intergenerational Mobility in the United States
Raj Chetty, Nathaniel Hendren, Patrick Kline, and Emmanuel Saez #19843 (CH ED EFG LS PE) - Can You Leave High School Behind?
Sandra E. Black, Jane Arnold Lincove, Jenna Cullinane, and Rachel Veron #19842 (ED LS) - Does Medical Malpractice Law Improve Health Care Quality?
Michael Frakes and Anupam B. Jena #19841 (HC HE LE) - Two Tales of Adjustment: East Asian Lessons for European Growth
Anusha Chari and Peter Blair Henry #19840 (DEV EFG IFM) - Alcohol Exposure In Utero and Child Academic Achievement
Stephanie von Hinke Kessler Scholder, George L. Wehby, Sarah Lewis, and Luisa Zuccolo #19839 (CH DEV ED HE PE) - Advertising, Reputation, and Environmental Stewardship: Evidence from the BP Oil Spill
Lint Barrage, Eric Chyn, and Justine Hastings #19838 (EEE IO PE) - Return of the Solow Paradox? IT, Productivity, and Employment in U.S. Manufacturing
Daron Acemoglu, David Autor, David Dorn, Gordon H. Hanson, and Brendan Price #19837 (EFG LS PR) - Cash-on-Hand & College Enrollment: Evidence from Population Tax Data and Policy Nonlinearities
Dayanand S. Manoli and Nicholas Turner #19836 (CH ED LS PE) - How Constraining Are Limits to Arbitrage? Evidence from a Recent Financial Innovation
Alexander Ljungqvist and Wenlan Qian #19834 (AP CF) - Restoring the Product Variety and Pro-competitive Gains from Trade with Heterogeneous Firms and Bounded Productivity
Robert C. Feenstra #19833 (ITI) - Voting to Tell Others
Stefano DellaVigna, John A. List, Ulrike Malmendier, and Gautam Rao #19832 (IO LS PE POL) - Lights, Camera,... Income!: Estimating Poverty Using National Accounts, Survey Means, and Lights
Maxim Pinkovskiy and Xavier Sala-i-Martin #19831 (DEV EFG) - The Future of U.S. Economic Growth
John G. Fernald and Charles I. Jones #19830 (EFG) - Marry Your Like: Assortative Mating and Income Inequality
Jeremy Greenwood, Nezih Guner, Georgi Kocharkov, and Cezar Santos #19829 (EFG) - Social Implications of Fiscal Policy Responses During Crises
Carlos A. Vegh and Guillermo Vuletin #19828 (IFM) - Microcredit Impacts: Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco
Manuela Angelucci, Dean Karlan, and Jonathan Zinman #19827 (DEV LE LS)
Week of January 20, 2014
- Why Has U.S. Policy Uncertainty Risen Since 1960?
Scott R. Baker, Nicholas Bloom, Brandice Canes-Wrone, Steven J. Davis, and Jonathan A. Rodden #19826 (EFG PE POL) - Incentives, Selection and Productivity in Labor Markets: Evidence from Rural Malawi
Raymond P. Guiteras and B. Kelsey Jack #19825 (DEV LS) - Linkage of Greenhouse Gas Emissions Trading Systems: Learning from Experience
Matthew Ranson and Robert Stavins #19824 (EEE) - Recovery from Financial Crises: Evidence from 100 Episodes
Carmen M. Reinhart and Kenneth S. Rogoff #19823 (IFM) - A Theory of Income Taxation under Multidimensional Skill Heterogeneity
Casey Rothschild and Florian Scheuer #19822 (EFG LS PE) - How Sticky Wages in Existing Jobs Can Affect Hiring
Mark Bils, Yongsung Chang, and Sun-Bin Kim #19821 (EFG) - The Signaling Value of Online Social Networks: Lessons from Peer-to-Peer Lending
Seth Freedman and Ginger Zhe Jin #19820 (IO) - Why and Wherefore of Increased Scientific Collaboration
Richard B. Freeman, Ina Ganguli, and Raviv Murciano-Goroff #19819 (LS) - The Origins of Stock Market Fluctuations
Daniel L. Greenwald, Martin Lettau, and Sydney C. Ludvigson #19818 (AP EFG) - Misinformed Speculators and Mispricing in the Housing Market
Alex Chinco and Christopher Mayer #19817 (AP) - Tax Benefits to Housing and Inefficiencies in Location and Consumption
David Albouy and Andrew Hanson #19815 PE) - Market Set-Up in Advance of Federal Reserve Policy Decisions
Dick van Dijk, Robin L. Lumsdaine, and Michel van der Wel #19814 (ME) - State Capacity and Economic Development: A Network Approach
Daron Acemoglu, Camilo García-Jimeno, and James A. Robinson #19813 (POL) - The Price of Political Uncertainty: Theory and Evidence from the Option Market
Bryan Kelly, Lubos Pastor, and Pietro Veronesi #19812 (AP CF EFG POL) - Risk, Insurance and Wages in General Equilibrium
Ahmed Mushfiq Mobarak and Mark Rosenzweig #19811 (DEV) - Missing Gains from Trade?
Marc J. Melitz and Stephen J. Redding #19810 (ITI) - Powerful Independent Directors
Kathy Fogel, Liping Ma, and Randall Morck #19809 (CF) - Rainfall Forecasts, Weather and Wages over the Agricultural Production Cycle
Mark R. Rosenzweig and Christopher Udry #19808 (DEV) - Special Interests and the Media: Theory and an Application to Climate Change
Jesse M. Shapiro #19807 (EEE PE POL) - Corporate Governance and Risk Management at Unprotected Banks: National Banks in the 1890s
Charles W. Calomiris and Mark Carlson #19806 (CF DAE) - Motivating Migrants: A Field Experiment on Financial Decision-Making in Transnational Households
Ganesh Seshan and Dean Yang #19805 (DEV) - Public Goods, Hidden Income, and Tax Evasion: Some Nonstandard Results from the Warm-Glow Model
Daniel M. Hungerman #19804 (DEV PE) - Using School Choice Lotteries to Test Measures of School Effectiveness
David J. Deming #19803 (CH ED LS) - Coal and the European Industrial Revolution
Alan Fernihough and Kevin Hjortshøj O'Rourke #19802 (DAE EFG) - Challenges to Regulatory Decentralization: Lessons from State Health Technology Regulation
Jill R. Horwitz and Daniel Polsky #19801 (HC HE LE) - The Industrial Organization of Health Care Markets
Martin Gaynor, Kate Ho, and Robert Town #19800 (HC HE IO) - Governing Misvalued Firms
Dalida Kadyrzhanova and Matthew Rhodes-Kropf #19799 (CF LE) - When Real Estate is the Only Game in Town
Hyun-Soo Choi, Harrison Hong, Jeffrey Kubik, and Jeffrey P. Thompson #19798 (AP)
Week of January 13, 2014
- Does Planning Regulation Protect Independent Retailers?
Raffaella Sadun #19797 (PR) - The Housing Market Impacts of Shale Gas Development
Lucija Muehlenbachs, Elisheba Spiller, and Christopher Timmins #19796 (EEE) - Media Influences on Social Outcomes: The Impact of MTV’s 16 and Pregnant on Teen Childbearing
Melissa S. Kearney and Phillip B. Levine #19795 (CH HE LS) - Direct to Consumer Advertising of Pharmaceutical Drugs: Information and Persuasion
Talia Bar and Dean R. Lillard #19794 (HE IO) - The Employment Effect of Terminating Disability Benefits
Timothy J. Moore #19793 (AG HE LS PE) - Shrinkage Estimation of High-Dimensional Factor Models with Structural Instabilities
Xu Cheng, Zhipeng Liao, and Frank Schorfheide #19792 (EFG ME) - For a Few Dollars More: Reserves and Growth in Times of Crises
Matthieu Bussière, Gong Cheng, Menzie D. Chinn, and Noëmie Lisack #19791 (IFM)
Week of January 6, 2014
- Time-Varying Phillips Curves
Joseph S. Vavra #19790 (EFG ME) - Waging War on Poverty: Historical Trends in Poverty Using the Supplemental Poverty Measure
Liana Fox, Irwin Garfinkel, Neeraj Kaushal, Jane Waldfogel, and Christopher Wimer #19789 (AG CH EFG PE) - Dynamic Dispersed Information and the Credit Spread Puzzle
Elias Albagli, Christian Hellwig, and Aleh Tsyvinski #19788 (AP EFG) - Externalities and Taxation of Supplemental Insurance: A Study of Medicare and Medigap.
Marika Cabral and Neale Mahoney #19787 (AG HC HE PE) - Political Risk Spreads
Geert Bekaert, Campbell R. Harvey, Christian T. Lundblad, and Stephan Siegel #19786 (AP CF DEV IFM POL) - Do In-Work Tax Credits Serve as a Safety Net?
Marianne Bitler, Hilary Hoynes, and Elira Kuka #19785 (CH LS PE) - A Note on Variance Estimation for the Oaxaca Estimator of Average Treatment Effects
Patrick M. Kline #19784 (LS TWP) - Disentangling Financial Constraints, Precautionary Savings, and Myopia: Household Behavior Surrounding Federal Tax Returns
Brian Baugh, Itzhak Ben-David, and Hoonsuk Park #19783 (CF) - Military CEOs
Efraim Benmelech and Carola Frydman #19782 (CF LS) - The Effect of Prices on Nutrition: Comparing the Impact of Product- and Nutrient-Specific Taxes
Matthew Harding and Michael Lovenheim #19781 (HE PE) - Optimal Trading Ratios for Pollution Permit Markets
Stephen Holland and Andrew J. Yates #19780 (EEE) - The Fiscal Stress Arising from State and Local Retiree Health Obligations
Byron Lutz and Louise Sheiner #19779 (AG HC HE PE) - Is Sell-Side Research More Valuable in Bad Times?
Roger K. Loh and René M. Stulz #19778 (AP CF) - An Economical Business-Cycle Model
Pascal Michaillat and Emmanuel Saez #19777 (EFG ME) - Non-Contributory Pensions
Sebastian Galiani, Paul Gertler, and Rosangela Bando #19775 (DEV)
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