National Bureau of Economic Research (NBER) Working Papers - Antérieurs à 2005

2004

Week of December 20, 2004

• Information Dynamics and Equilibrium Multiplicity in Global Games of Regime Change
  George-Marios Angeletos, Christian Hellwig, and Alessandro Pavan #11017 (EFG)
• Incomplete Market Dynamics in a Neoclassical Production Economy
  George-Marios Angeletos and Laurent-Emmanuel Calvet #11016 (EFG)
• Crises and Prices: Information, Aggregation, Multiplicity and Volatility
  George-Marios Angeletos and Ivan Werning #11015 (EFG)
• A Protectionist Bias in Majoritarian Politics
  Gene M. Grossman and Elhanan Helpman #11014 (ITI)
• Forging a New Identity: The Costs and Benefits of Diversity in Civil War Combat Units for Black Slaves and Freemen
  Dora L. Costa and Matthew E. Kahn #11013 (DAE)
• The Macroeconomics of Subsistence Points
  Morten O. Ravn, Stephanie Schmitt-Grohe, and Martin Uribe #11012 (EFG)
• PIPE Dreams? The Performance of Companies Issuing Equity Privately
  David J. Brophy, Paige P. Ouimet, and Clemens Sialm #11011 (CF, AP)
• Labor Income Dynamics at Business-Cycle Frequencies: Implications for Portfolio Choice
  Anthony W. Lynch and Sinan Tan #11010 (EFG, AP)
• Externalities and Growth
  Peter J. Klenow and Andres Rodriguez-Clare #11009 (EFG)
• Latin America in the Rearview Mirror
  Harold L. Cole, Lee E. Ohanian, Alvaro Riascos, and James A. Schmitz, Jr. #11008 (EFG)
• Macroeconomic Conditions, Health and Mortality
  Christopher J. Ruhm #11007 (HE)

Week of December 13, 2004

• Bank Mergers and Crime: The Real and Social Effects of Credit Market Competition
  Mark J. Garmaise and Tobias J. Moskowitz #11006 (ME, AP, PE)
• Cultural Biases in Economic Exchange
  Luigi Guiso, Paola Sapienza, and Luigi Zingales #11005 (CF, ITI)
• Do Liquidation Values Affect Financial Contracts? Evidence from Commercial Loan Contracts and Zoning Regulation
  Efraim Benmelech, Mark J. Garmaise, and Tobias Moskowitz #11004 (AP)
• An Assignment Theory of Foreign Direct Investment
  Volker Nocke and Stephen Yeaple #11003 (ITI)
• Executive Financial Incentives and Payout Policy: Firm Responses the 2003 Dividend Tax Cut
  Jeffrey R. Brown, Nellie Liang, and Scott Weisbenner #11002 (PE, CF)
• Does Competition Reduce Costs? Assessing the Impact of Regulatory Restructuring ion U.S. Electric Generation Efficiency
  Kira Markiewicz, Nancy L. Rose, and Catherine Wolfram #11001 (IO, PR)
• Dynamic Sorting: A Back-of-the-Envelope Guide
  N. Gregory Mankiw and Matthew Weinzierl #11000 (EFG)
• Growth vs. Margins: Destabilizing Consequences of Giving the Stock Market What it Wants
  Philippe Aghion and Jeremy C. Stein #10999 (CF, EFG)
• Corporate Financing Decisions When Investors Take the Path of Least Resistance
  Malcolm Baker, Joshua Coval, and Jeremy C. Stein #10998 (CF)
• Vertical Integration and Technology: Theory and Evidence
  Daron Acemoglu, Philippe Aghion, Rachel Griffith, and Fabrizio Zilibotti #10997 (CF, EFG, IO)
• Parametric Portfolio Policies: Exploiting Characteristics n the Cross Section of Equity Returns
  Michael W. Brandt, Pedro Santa-Clara, and Rossen Valkanov #10996 (AP)
• Taylor Rules and the Deutschmark-Dollar Real Exchange Rate
  Charles Engel and Kenneth D. West #10995 (IFM, ME)
• Explaining the Magnitude of Liquidity Premia: The Roles of Return Predictability, Wealth Shocks and State-dependent Transaction Costs
  Anthony W. Lynch and Sinan Tan #10994 (AP)
• Fluctuations in a Dreadful Childhood: Synthetic Longitudinal Height Data, Relative Prices and Weather in the Short-Term Health of American Slaves
  Richard H. Steckel #10993 (DAE)
• China's New Regional Trade Agreements
  Agata Antkiewicz and John Whalley #10992 (ITI)
• The Gift of the Dying: The Tragedy of AIDS and the Welfare of Future African Generations
  Alwyn Young #10991 (EFG, HE)
• Global Growth Opportunities and Market Integration
  Geert Bekaert, Campbell R. Harvey, Christian Lundblad and Stephan Siegel #10990 (AP)
• The Interaction of Public and Private Insurance: Medicaid and the Long-Term Care Insurance Market
  Jeffrey R. Brown and Amy Finkelstein #10989 (AG, HE, PE)
• Happy News from the Dismal Science: Reassessing Japanese Fiscal Policy and Sustainability
  Christian Broda and David E. Weinstein #10988 (AG, ITI, PE)
• Enforcement, Private Political Pressure and the GATT/WTO Escape Clause
  Kyle Bagwell and Robert W. Staiger #10987 (ITI)
• Large Devaluations and the Real Exchange Rate
  Ariel Burstein, Martin Eichenbaum, and Sergio Rebelo #10986 (EFG, IFM)
• Globalization and the Returns to Speaking English in South Africa
  James Levinsohn #10985 (ITI)
• The Determinants of Progressive Era Reform: The Pure Food and Drugs Act of 1906
  Marc T. Law and Gary D. Libecap #10984 (DAE)

Week of December 6, 2004

• Finance, Firm Size, and Growth
  Thorsten Beck, Asli Demirguc-Kunt, Luc Laeven, and Ross Levine #10983 (IFM)
• How do Banks Manage Liquidity Risk? Evidence from Equity and Deposit Markets in the Fall of 1998
  Philip E. Strahan, Evan Gatev, and Til Schuerman #10982 (CF)
• Some New Variance Bounds for Asset Prices
  Charles Engel #10981 (AP)
• Why Should We Care About Child Labor? The Education, Labor Market, and Health Consequences of Child Labor
  Kathleen Beegle, Rajeev Dehejia, and Roberta Gatti #10980 (LS)
• Finance, Inequality, and Poverty: Cross-Country Evidence
  Thorsten Beck, Asli Demirguc-Kunt, and Ross Levine #10979 (CF)
• Theft and Taxes
  Mihir A. Desai, Alexander Dyck, and Luigi Zingales #10978 (CF, PE)
• Tax Policy for Health Insurance
  Jonathan Gruber #10977 (HE, PE)
• The Economic Theory of Illegal Goods: The Case of Drugs
  Gary S. Becker, Kevin M. Murphy, and Michael Grossman #10976 (HE, PE)
• Semiparametric Causality Tests Using the Policy Propensity Score
  Joshua D. Angrist and Guido M. Kuersteiner #10975 ME)
• Tobacco Spending and its Crowd-Out of Other Goods
  Susan H. Busch, Mireia Jofre-Bonet, Tracy A. Falba, and Jody L. Sindelar #10974 (HE)
• Has Monetary Policy Become More Efficient? A Cross Country Analysis
  Stephen G. Cecchetti, Alfonso Flores-Lagunes, and Stefan Krause #10973 (ME)
• Manufacturer Liability of Harms Caused by Consumers to Others
  Bruce Hay and Kathryn E. Spier #10972 (LE)
• Incentives to Learn
  Michael Kremer, Edward Miguel, and ebecca Thornton #10971 (EFG, ED, CH)
• Consumption Commitments: Neoclassical Foundations for Habit Formation
  Raj Chetty and Adam Szeidl #10970 (EFG, PE)
• Who Wins and Who Loses? Public Transfer Accounts for US Generations Born 1850-2090
  Antoine Bommier, Ronald Lee, Timothy Miller, and Stephane Zuber #10969 (AG, PE)
• The Integration of Child Tax Credits and Welfare: Evidence from the National Child Benefit Program
  Kevin Milligan and Mark Stabile #10968 (PE, CH)
• Aging and the Welfare State: The Role of Young and Old Voting Pivots
  Assaf Razin and Efraim Sadka #10967 (AG, PE)
• Institutions and Technological Innovation During the Early Economic Growth: Evidence from the Great Inventors of the United States, 1790-1930
  B. Zorina Khan and Kenneth L. Sokoloff #10966 (DAE, PR)
• Digging the Dirt at Public Expense: Governance in the Building of the Erie Canal and Other Public Works
  Stanley L. Engerman and Kenneth L. Sokoloff #10965 (DAE)
• Prescription Drugs, Medical Care, and Health Outcomes: A Model of Elderly Health
  Zhou Yang, Donna B. Gilleskie, and Edward C. Norton #10964 (AG, HE)
• Bounds in Competing Risks Models and the War on Cancer
  Bo E. Honoré and Adriana Lleras-Muney #10963 (HE)
• Incompatibility, Product Attributes and Consumer Welfare: Evidence from ATMs
  Christopher R. Knittel and Victor Stango #10962 (PR)
• Covered Interest Arbitrage: Then vs. Now
  Ted Juhl, William Miles and Marc D. Weidenmeier #10961 (DAE, IFM)
• Gunboats, Reputation, and Sovereign Repayment: Lessons from the Southern Confederacy
  Marc D. Weidenmeier #10960 (DAE)

Week of November 29, 2004

• Sorting it Out: International Trade and Protection With Heterogeneous Workers
  Franziska Ohnsorge and Daniel Trefler #10959 (ITI)
• Using Tontines to Finance Public Goods: Back to the Future?
  Andreas Lange, John A. List, and Michael K. Price #10958 (PE)
• Does Openness to Trade Make Countries More Vulnerable to Sudden Stops, Or Less? Using Gravity to Establish Causality
  Jeffrey A. Frankel and Eduardo A. Cavallo #10957 (IFM, ITI)
• The Economics of Technology Sharing: Open Source and Beyond
  Josh Lerner and Jean Tirole #10956 (IO, LS, PR)
• A Theory of Housing Collateral, Consumption Insurance and Risk Premia
  Hanno Lustig and Stijn Van Nieuwerburgh #10955 (AP)
• Globalization and Disinflation: A Note
  Assaf Razin #10954 (IFM)
• Has the Unified Budget Undermined the Federal Government Trust Funds?
  Sita Nataraj and John B. Shoven #10953 (EFG, AG, PE)
• The Concept of Systematic Corruption in American Political and Economic History
  John Joseph Wallis #10952 (DAE)
• Resolving the Puzzle of the Underissuance of National Bank Notes
  Charles W. Calomiris and Joseph R. Mason #10951 (DAE)
• Retrospective on the 1970s Productivity Slowdown
  William Nordhaus #10950 (EFG, PR)
• An Investigation of the Effects of Alcohol Policies on Youth STDs
  Michael Grossman, Robert Kaestner, and Sara Markowitz #10949 (HE, CH)
• Individual Behaviors and Substance Use: The Role of Price
  Michael Grossman #10948 (HE, CH)
• Using Hit Rate Tests to Test for Racial Bias in Law Enforcement: Vehicle Searches in Wichita
  Nicola Persico and Petra Todd #10947 (LS, LE)
• Measuring Disparate Impacts and Extending Disparate Impact Doctrine to Organ Transplantation
  Robert Bornholz and James J. Heckman #10946 (HE, LE)
• Demographic Changes and International Factor Mobility
  John F. Helliwell #10945 (IFM, ITI)
• How to Eliminate Pyramidal Business Groups The Double Taxation of Inter-Corporate Diviends and Other Incisive Uses of Tax Policy
  Randall Morck #10944 (CF)
• Information and Externalities in Sequential Litigation
  Xinyu Hua and Kathryn E. Spier #10943 (LE)
• Financial Globalization, Growth and Volatility in Developing Countries
  Eswar S. Prasad, Kenneth S. Rogoff, Shang-Jin Wei, and M. Ayhan Kose #10942 (IFM)
• When I Peril, Retrench: Testing the Portfolio Channel of Contagion
  Fernando A. Broner, R. Gaston Gelos, and Carmen Reinhart #10941 (IFM)
• Quantitative Implications of A Debt-Deflation Theory of Sudden Stops and Asset Prices
  Enrique G. Mendoza and Katherine A. Smith #10940 (IFM)
• FDI in Space: Spatial Autoregressive Relationship in Foreign Direct Investment
  Bruce A. Blonigen, Ronald B. Davies, Glen R. Waddell, and Helen T. Naughton #10939 (ITI)

Week of November 22, 2004

• Speeding, Tax Fraud, and Teaching to the Test
  Edward P. Lazear #10932 (ED)
• The Structure of Early Care and Education in the United States: Historical Evolution and International Comparisons
  Ann Dryden Witte and Marisol Trowbridge #10931 (ED, CH)
• The Distortionary Effects of Government Procurement: Evidence from Medicaid Prescription Drug Purchasing
  Mark Duggan and Fiona Soctt Morton #10930 (HE, IO)
• Regulation of Entry and the Distortion of Industrial Organization
  Raymond Fisman and Virginia Sarria-Allende #10929 (EFG)
• Political Contribution Caps and Lobby Formation: Theory and Evidence
  Allan Drazen, Nuno Lamao, and Thomas Stratman #10928 (EFG)
• Can Public Discussion Enhance Program Ownership?
  Allan Drazen and Peter Isard #10927 (EFG)
• The Cost of Business Cycles and the Benefits of Stabilization: A Survey
  Gadi Barlevy #10926 (EFG)
• The Information of Option Volume for Future Stock Prices
  Jun Pan and Allen Poteshman #10925 (AP)
• Monetary Policy and Regional Interest Rates in the United States, 1880-2002
  John Landon-Lane and Hugh Rockoff #10924 (DAE, ME)
• Financing Invention During the Second Industrial Revolution: Cleveland, Ohio, 1870-1920
  Naomi R. Lamoreaux, Margaret Levenstein, and Kenneth L. Sokoloff #10923 (PR, CH)
• Diverging Trends in Macro and Micro Volatility: Facts #10922 (EFG)
  Diego Comin and Sunil Mulani
• The Steady-State Growth Theorem: A Comment on Uzawa (1961)
  Charles I Jones and Dean Scrimgeour #10921 (EFG)
• Partnership Status and the Human Sex Ratio at Birth
  Karen Norberg #10920 (CH)
• The Effect of Improvements in Health and Longevity on Optimal Retirement and Saving
  David E. Bloom, David Canning, and Michael Moore #10919 (AG, HE, LS)
• Why Are Power Couples Increasingly Concentrated in Large Metropolitan Areas?
  Janice Compton and Robert A. Pollak #10918 (LS)
• Stochastic Infinite Horizon Forecasts for Social Security and Related Studies
  Ronald Lee, Timothy Miller, and Michael Anderson #10917 (AG, PE)
• Model Uncertainty and Policy Evaluation: Some Theory and Empirics
  William A. Brock, Steven N. Durlauf, and Kenneth D. West #10916 (EFG, ME)
• Fair Pricing
  Julio J. Rotemberg #10915 (EFG, IO)
• Predicting Volatility: Getting the Most out of Return Data Sampled at Different Frequencies
  Eric Ghysels, Pedro Santa-Clara, and Rossen Valkanov #10914 (AP)
• There is a Risk-Return Tradeoff After All
  Eric Ghysels, Pedro Santa-Clara, and Rossen Valkanov #10913 (AP)
• Jump and Volatility Risk and Risk Premia: A New Model and Lessons from S&P 500 Options
  Pedro Santa-Clara and Shu Yan #10912 (AP)
• Fast Times at Ridgemont High? The Effect of Compulsory Schooling Laws on Teenage Births
  Sandra E. Black, Paul J. Devereaux, and Kjell Salvanes #10911 (ED, CH)
• The Product Cycle and Inequality
  Boyan Jovanovic #10910 (EFG, PR)
• Land Prices and Business Fixed Investment in Japan
  Nobuhiro Kiyotaki and Kenneth D. West #10909 (EFG)
• Deposit Insurance and External Finance
  Stephen G. Cecchetti and Stefan Krause #10908 (CF, ME, AP)

Week of November 15, 2004

• Managing Macroeconomic Crises
  Jeffrey A. Frankel and Shang-Jin Wei #10907 (IFM)
• Vertical Equity Consequences of Very High Cigarette Tax Increases: If the Poor are the Ones Smoking, How Could Cigarette Tax Increases be Progressive?
  Greg Colman and Dahlia K. Remler #10906 (HE, P)
• The Social Security Retirement Earnings Test, Retirement and Benefit Claiming
  Alan L. Gustman and Thomas L. Steinmeier #10905 (A, LS, PE)
• The Economic Value of Cultural Diversity: Evidence from US Cities
  Gianmarco I.P. Ottaviano and Giovanni Peri #10904 (ITI)
• Hiccups for HIPCs?
  Craig Burnside and Domenico Fanizza #10903 (EFG, IFM)

Week of November 8, 2004

• Optimal Inference in Regression Models with Nearly Integrated Regressors
  Michael Jansson and Marcelo J. Moreira #T303 (TWP)
• Bootstrap and Higher-Order Expansion Validity When Instruments May Be Weak
  Marcelo J. Moreira, Jack R. Porter, and Gustavo A. Suarez #T302 (TWP)
• Race and Older Age Mortality: Evidence from Union Army Veterans
  Dora L. Costa #10902 (A, HE, DAE)
• Uncovering GPTS with Patent Data
  Bronwyn H. Hall and Manuel Trajtenberg #10901 (P)
• Corporate Governance and the Plight of Minority Shareholders in the United States Before the Great Depression
  Naomi R. Lamoreaux and Jean-Laurent Rosenthal #10900 (CF, DAE)
• Unbalanced Growth
  Kala Krishna and Cesar A. Perez #10899 (ITI)
• Is Mexico A Lumpy Country?
  Andrew B. Bernard, Raymond Robertson, and Peter K. Schott #10898 (ITI)
• The Importance of R&D for Innovation: A Reassessment Using French Survey Data
  Jacques Mairesse and Pierre Mohnen #10897 (P)
• Well-Being and Social Capital: Does Suicide Pose a Puzzle?
  John F. Helliwell #10896 (HE)
• Biases in Static Oligopoly Models? Evidence from the California Electricity Market
  Dae-Wook Kim and Christopher R. Knittel #10895 (IO)
• What Happens When We Randomly Assign Children to Families?
  Bruce Sacerdote #10894 (C)
• Catching-Up to Foreign Technology? Evidence on the "Veblen-Gerschenkron" Effect of Foreign Investments
  Giovanni Peri and Dieter Urban #10893 (ITI)
• The Closing Gender Gap as a Roy Model Illusion
  Casey B. Mulligan and Yona Rubinstein #10892 (EFG, LS)
• Bidding with Securities: Auctions and Security Design
  Peter M. DeMarzo, Ilan Kremer, and Andrzej Skrzypacz #10891 (AP)
• The Dynamics of Income, Schooling, and Fertility Distributions Over the Course of Economic Development: A Human Capital Perspective
  Isaac Ehrlich and Jinyoung Kim #10890 (HE)
• The Cost of Nominal Inertia in NNS Models
  Matthew B. Canzoneri, Robert E. Cumby, and Behzad T. Diba #10889 (EFG)
• Disentangling the Importance of the Precautionary Saving Mode
  Arthur Kennickell and Annamaria Lusardi #10888 (EFG, A)
• $1000 Cash Back: Assymetric Information in Auto Manufacturer Promotions
  Meghan Busse, Florian Zettelmeyer, and Jorge Silva-Risso #10887 (IO)
• The Impact of the Civil War on Capital Intensity and Labor Productivity in Souther Manufacturing
  William A. Hutchinson and Robert A. Margo #10886 (DAE)
• One-Hit Wonders: Why Some of the Most Important Works of Modern Art Are Not By Important Artists
  David W. Galenson #10885 (LS)
• The Effect of Drug Vintage on Survival: Micro Evidence from Puerto Rico's Medicaid Program
  Frank R. Lichtenberg #10884 (HE, P)
• Inattentive Consumers
  Ricardo Reis #10883 (EFG)
• Aged-Care Support in Japan: Perspectives and Challenges
  Olivia S. Mitchell, John Piggott, and Satoshi Shimizutani #10882 (A, LS)

Week of  November 1, 2004

• Behavioral Economics and Health Economics
  Richard G. Frank #10881 ((HE)
• R&D Subsidies and Climate Policy: Is There a "Free Lunch"?
  David Popp #10880 (ENV, P)
• Educational Opportunity and Income Inequality
  Paul Willen, Igal Hendel, and Joel Shapiro #10879 (EFG, ED)
• Two Decades of Japanese Monetary Policy and the Deflation Problem
  Takatoshi Ito and Frederic S. Mishkin #10878 (EFG, IFM, ME)
• Product Quality, Linder, and the Direction of Trade
  Juan Carlos Hallak #10877
• Minimum Hours Constraints, Job Requirements and Retirement
  Alan L. Gustman and Thomas L. Steinmeier #10876 (A, LS)
• Standing on Academic Shoulders: Measuring Scientific Influence in Universities
  James D. Adams, J. Roger Clemmons, and Paula E. Stephan #10875 (P)
• Piracy on the High C's: Music Downloading, Sales Displacement, and Social Welfare in a Sample of College Students
  Rafael Rob and Joel Waldfogel #10874 (IO. LE)
• From Home to Hospital: The Evolution of Childbirth in the United States, 1927-1940
  Melissa A. Thomasson and Jaret Treber #10873 (HE, DAE)
• Acquiring Control in Emerging Markets: Evidence from the Stock Market
  Anusha Chari, Paige P. Ouimet, and Linda L. Tesar #10872 (IFM, AP)
• Tiebout Sorting, Social Multipliers and the Demand for School Quality
  Patrick Bayer, Fernando Ferreira, and Robert McMillan #10871 (ED)
• Policy Watch: Challenges for Terrorism Risk Insurance in the United States
  Howard Kunreuther and Erwann Michel-Kerjan #10870
• The Unsustainable US Current Account Position Revisited
  Maurice Obstfeld and Kenneth Rogoff #10869 (EFG, IFM, ITI, ME)
• Autopsy on an Empire: Understanding Mortality in Russia and the Former Soviet Union
  Elizabeth Brainerd and David M. Cutler #10868 (HE)
• Theoretical Foundation of Buffer Stock Saving
  Christopher Carroll #10867 (EFG)
• Estimating Real Production and Expenditures Across Nations: A Proposal for Improving the Penn World Tables
  Robert C. Feenstra, Alan Heston, Marcel P. Timmer, and Haiyan Deng #10866 (ITI)
• An Equilibrium Model of Sorting in an Urban Housing Market
  Patrick Bayer, Robert McMillan, and Kim Rueben #10865 (PE)
• Fixed Costs and FDI: The Conflicting Effects of Productivity Shocks
  Assaf Razin, Yona Rubinstein, and Efraim Sadka #10864 (IFM, ITI)
• Behavioral Corporate Finance: A Survey
  Malcolm Baker, Richard S. Ruback, and Jeffrey Wurgler #10863 (CF)
• Increases in Wealth among the Elderly in the Early 1990s: How Much is Due to Survey Design?
  Susann Rohwedder, Steven J. Haider, and Michael D. Hurd #10862 (A)
• Compensating Wage Differentials and AIDS Risk
  Jeff DeSimone and Edward J. Schumacher #10861 (HE, LS)

Week of October 25, 2004

• Life-Cycle Asset Accumulation and Allocation in Canada
  Kevin Milligan #10860 (A)
• Poverty, Political Freedom, and the Roots of Terrorism
  Alberto Abadie #10859 (LE, PE)
• The Economics of Corporate Tax Selfishness
  Joel Slemrod #10858 (PE)
• Re-Assessing the U.S. Quality Adjustment to Computer Prices: The Role of Durability and Changing Software
  Robert C. Feenstra and Christopher R. Knittel #10857 (P)
• Microstructure of the Yen/Dollar Foreign Exchange Market: Patterns of Intra-day Activity in the Electronic Broking System
  Takatoshi Ito and Yuko Hashi #10856 (IFM, AP)
• Oil and the Macroeconomy Since the 1970s
  Robert Barsky and Lutz Kilian #10855 (EFG)
• Economic Growth and the Environment: A Review of Theory and Empirics
  William A. Brock and M. Scott Taylor #10854 (EFG, ENV)
• The US Gender Pay Gap in the 1990s: Slowing Convergence
  Francine D. Blau and Lawrence M Kahn #10853 (LS)
• The Cross-Section of Volatility and Expected Returns
  Andrew Ang, Robert J. Hodrick, Yuhang Xing, and Xiaoyan Zhang #10852 (AP)
• The Impact of Population Aging on Financial Markets
  James Poterba #10851 (A, AP)
• Do Stock Prices Really Reflect Fundamental Values? The Case of REITs
  William M. Gentry, Charles M. Jones, and Christopher J. Mayer #10850 (AP)
• Globalization, Macroeconomic Performance, and the Exchange Rates of Emerging Economies
  Maurice Obstfeld #10849 (IFM)
• The Elusive Welfare Economics of Price Stability as a Monetary Policy Objective
  Willem H. Buiter #10848 (IFM, ME)
• Charles Kindleberger: An Impressionist in a Minimalist World
  Edward J. Kane #10847 (CF)
• Quantitative Goals for Monetary Policy
  Antonio Fatas, Ilian Mihov, and Andrew K. Rose #10846 (IFM, ME)
• Dollar Shortages and Crises
  Raghuram C. Rajan #10845 (IFM)
• Does Immigration Affect the Long-Term Educational Outcomes of Natives? Quasi-Experimental Evidence
  Eric D. Gould, Victor Lavy, and M. Daniele Paserman #10844 (ED, LS)
• External Adjustment
  Maurice Obstfeld #10843 (EFG, IFM)
• The Measurement and Evolution of Health Inequality: Evidence from the U.S. Medicare Population
  Jonathan Skinner and Weiping Zhou #10842 (A, HE)
• Dividend Taxes and Corporate Behavior: Evidence from the 2003 Dividend Tax Cut
  Raj Chetty and Emmanuel Saez #10841 (PE)

Week of October 18, 2004

• Optimal Monetary and Fiscal Policy in a Liquidity Trap
  Gauti B. Eggertsson and Michael Woodford #10840 (EFG, ME)
• Optimal Stabilization Policy When Wages and Prices are Sticky: The Case of a Distorted Steady State
  Pierpaolo Benigno and Michael Woodford #10839 (EFG, ME)
• Inflation Stabilization and Welfare: The Case of a Distorted Steady State
  Pierpaolo Benigno and Michael Woodford #10838 (EFG, ME)
• Job Search and Impatience
  Stefano DellaVigna and M. Daniele Paserman #10837 (LS)

Week of October 11, 2004

• Trade, Tragedy, and the Commons
  Brian R. Copeland and M. Scott Taylor #10836 (ITI)
• Strategic Extremism: Why Republicans and Democrats Divide on Religious Values
  Edward L. Glaeser, Giacomo A. M. Ponzetto, and Jesse M. Shapiro #10835 (EFG)
• Keeping Capital Flowing: The Role of the IMF
  Michael D. Bordo, Ashoka Mody, and Nienke Oomes #10834 (IFM)
• Deflation and Monetary Policy in a Historical Perspective: Remembering the Past or Being Condemned to Repeat it?
  Michael D. Bordo and Andrew Filardo #10833 (DAE, ME)
• Finance as a Barrier to Entry: Bank Competition and Industry Structure in Local U.S. Markets
  Nicola Cetorelli and Philip E. Strahan #10832 (CF, IO)
• Why Do Computers Depreciate?
  Michael J. Geske, Valerie A. Ramey, and Matthew D. Shapiro #10831 (EFG, P)
• Export Variety and Country Productivity
  Robert C. Feenstra and Hiau Looi Kee #10830 (ITI, P)
• Can Central Bank Transparency Go Too Far?
  Frederic S. Mishkin #10829 (ME)
• Accounting for Cross-Country Income Differences
  Francesco Caselli #10828 (EFG)
• Monetary Policy and the Currency Denomination of Debt: A Tale of Two Equilibria
  Andres Velasco and Roberto Chang #10827 (IFM)
• Reciprocated Unilateralism in Trade Reforms with Majority Voting
  Pravin Krishna and Devashish Mitra #10826 (ITI)
• Empirical Study of the Civil Justice System
  Daniel P. Kessler and Daniel L. Rubinfeld #10825 (LE)
• Charging Nox Emitters for Health Damages: An Exploratory Analysis
  Denise Mauzerall, Babar Sultan, Namsoug Kim, and David F. Bradford #10824 (HE, ENV)
• Pseudo Market Timing and Predictive Regressions
  Malcolm Baker, Ryan Taliaferro, and Jeffrey Wurgler #10823 (CF)
• Assessing the Impacts of the Prescription Drug User Fee Acts (PDUFA) on the FDA Approval Process
  Ernst R. Berndt, Adrian H. B. Gottschalk, Tomas Philipson, and Matthew W. Strobeck #10822 (HE, IO)

Week of October 4, 2004

• Identification and Estimation of Discrete Games of Complete Information
  Patrick Bajari, Han Hong, and Stephen Ryan #T0301 (TWP)
• Corruption in America
  Edward L. Glaeser and Raven Saks #10821 (EFG, LE)
• Dynamic Trading Strategies and Portfolio Choice
  Ravi Bansal, Magnus Dahlquist, and Campbell R. Harvey #01820 (AP)
• Overestimating Self-Control: Evidence from the Health Club Industry
  Stefano DellaVigna and Ulrike Malmendier #10891 (LS)
• Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting?
  Takatoshi Ito #10818 (IFM, ME)
• Global Demographic Change: Dimensions and Economic Significance
  David E. Bloom and David Canning #10817 (A, LS)
• Over-the-Counter Markets
  Darrell Duffie, Nicolae Garleanu, and Lasse Heje Pedersen #10816 (AP)
• Efficiency of Thin and Thick Markets
  Li Gan and Qi Li #10815 (LS)
• Asset Pricing with Liquidity Risk
  Viral V. Acharya and Lasse Heje Pedersen #10814 (AP)
• Who Makes Acquisitions? CEO Overconfidence and the Market's Reaction
  Ulrike Malmendier and Geoffrey Tate #10813 (AP)
• Are Investors Naive About Incentives?
  Ulrike Malmendier and Devin Shanthikumar #10812 (AP)
• Testing a Roy Model with Productivity Spillovers: Evidence from the Treatment of Heart Attacks
  Amitabh Chandra and Douglas Staiger #10811 (HE)
• Health Shocks and Couples' Labor Supply Decisions
  Courtney C. Coile #10810 (A, LS)
• The Effect of College Curriculum on Earnings: Accounting for Non-Ignorable Non-Response Bias
  Daniel S. Hamermesh and Stephen G. Donald #10809
• Fear of Service Outsourcing: Is It Justified?
  Mary Amiti and Shang-Jin Wei #10808 (ITI, LS)
• CEO Overconfidence and Corporate Investment
  Ulrike Malmendier and Geoffrey Tate #10807 (CF, LS)
• Economic Effects of Regional Tax Havens
  Mihir A. Desai, C. Fritz Foley, and James R. Hines Jr. #10806 (CF, IFM, PE)
• Estimating the Expected Marginal Rate of Substitution: Exploiting Idiosyncratic Risk
  Robert P. Flood and Andrew K. Rose #10805 (IFM, AP)
• Why Do Households Without Children Support Local Public Schools?
  Christian A.L. Hilber and Christopher J. Mayer #10804 (ED, PE)
• A Revealed Preference Ranking of U.S. Colleges and Universities
  Christopher Avery, Mark Glickman, Caroline Hoxby, and Andrew Metrick #10803 (ED)
• Jurisdictional Advantage
  Maryann Feldman and Roger Martin #10802 (P)

Week of September 20, 2004

• Transaction Costs: Valuation Disputes, Bi-Lateral Monopoly Bargaining and Third-Party Effects in Water Rights Exchanges. The Owens Valley Transfer to Los Angeles
  Gary D. Libecap #10801 (DAE)
• Inequality, Nonhomothetic Preferences, and Trade: A Gravity Approach
  Muhammed Dalgin, Devashish Mitra, and Vitor Trindade #10800 (ITI)
• Healthcare Markets, the Safety Net and Access to Care Among the Uninsured
  Jose Escarce, Carole Roan Gresenz, and Jeanette A. Rogowski #10799 (HE)
• Migration, Social Standards and Replacement Incomes: How to Protect Low-Income Workers in the Industrialized Countries Against the Forces of Globalization and Market Integration
  Hans-Werner Sinn #10798 (PE)
• The Performance of the Pivotal-Voter Model in Small-Scale Elections: Evidence from Texas
  Stephen Coate, Michael Conlin, and Andrea Moro #10797 (PE)
• The Changing Association Between Prenatal Participation in WIC and Birth Outcomes in New York City
  Ted Joyce, Diane Gibson, and Silvie Colman #10796 (HE, C)
• Anatomy of the Rise and Fall of a Price-Fixing Conspiracy: Auctions at Sotheby's and Christie's
  Orley Ashenfelter and Kathryn Graddy #10795 (IO, LE)
• Investor Sentiment Measures
  Lily Qiu and Ivo Welch #10794 (CF, AP)
• New Goods and the Transition to a New Economy
  Jeremy Greenwood and Gokce Uysal #10793 (EFG, DAE)
• Designing Optimal Disability Insurance: A Case for Asset Testing
  Mikhail Golosov and Aleh Tsyvinski #10792 (PE)
• The Rise of the Fourth Estate: How Newspapers Became Informative and Why it Mattered
  Matthew Gentzkow, Edward L. Glaeser, and Claudia Goldin #10791 (DAE, LE)
• Putting the Brakes on Sudden Stops: The Financial Frictions-Moral Hazard Tradeoff of Asset Price Guarantees
  Enrique G. Mendoza and Ceyhun Bora Durdu #10790 (IFM)
• Subjective Mortality Risk and Bequests
  Li Gan, Guan Gong, Michael Hurd, and Daniel McFadden #10789 (A)
• Fiscal Discipline and the Cost of Public Debt Service: Some Estimates for OECD Countries
  Silvia Ardagna, Francesco Caselli, and Timothy Lane #10788 (EFG, PE)
• What Does the Pubic Know about Economic Policy, and How Does It Know It?
  Alan S. Blinder and Alan B. Krueger #10787 (EFG, PE)
• Contingent Reserves Management: An Applied Framework
  Ricardo J. Caballero and Stavros Panageas #10786 (EFG, IFM)
• The Comovement of Returns and Investment Within the Multinational Firm
  Mihir A. Desai and C. Fritz Foley #10785 (CF, PE)

Week of September 13, 2004

• Household Expenditure and the Income Tax Rebates of 2001
  David S. Johnson, Jonathan A. Parker, and Nicholas S. Souleles #10784 (EFG, ME, PE)
• Working the System: Firm Learning and the Antidumping Process
  Bruce A. Blonigen #10783 (ITI)
• Supply or Demand: Why is the Market for Long-Term Care Insurance So Small?
  Jeffrey R. Brown and Amy Finkelstein #10782 (A, HE, PE)
• Financing Consumption in an Aging Japan: The Role of Foreign Capital Inflows Immigration
  Robert Dekle #10781 (A, ITI)
• When it Rains, it Pours: Procyclical Capital Flows and Macroeconomic Policies
  Graciela L. Kaminsky, Carmen M. Reinhart, and Carlos A. Vegh #10780 (IFM)
• Bulls, Bears, and Retirement Behavior
  Courtney C. Coile and Phillip B. Levine #10779 (A, LS)
• Markets in China and Europe on the Eve of the Industrial Revolution
  Carol H. Shiue and Wolfgang Keller #10778 (EFG, DAE, IFM, ITI)
• Neighborhood Effects on Crime for Female and Male Youth: Evidence from a Randomized Housing Voucher Experiment
  Jeffrey R. Kling, Jens Ludwig, and Lawrence F. Katz #10777 (PE, C)
• When Can Changes in Expectations Cause Business Cycle Fluctuation in Neo-Classical Settings?
  Paul Beaudry and Franck Portier #10776 (EFG)
• Corruption and Reform: An Introduction
  Edward Glaeser and Claudia Goldin #10775 (DAE, LE)
• Compatibility and Pricing with Indirect Network Effects: Evidence from ATMs
  Christopher R. Knittel and Victor Stango #10774 (P)
• Do Acquirers With More Uncertain Growth Prospects Gain Less From Acquisitions?
  Sara B. Moeller, Frederik P. Schlingemann, and Rene M. Stulz #10773 (CF, AP)
• Marriage and Divorce since World War II: Analyzing the Role of Technological Progress on the Formation of Households
  Jeremy Greenwood and Nezih Guner #10772 (EFG, LS)
• The Pre-Producers
  Boyan Jovanovic #10771 (EFG, P)
• On the Industry Concentration of Actively Managed Equity Mutual Funds
  Marcin Kacperczyk, Clemens Sialm, and Lu Zheng #10770 (CF, AP)
• Social Networks and Trade Liberalization
  Manish Pandey and John Whalley #10769 (ITI)
• The Impact of China on the Exports of Other Asian Countries
  Barry Eichengreen, Yeongseop Rhee, and Hui Tong #10768 (ITI)
• Growth and Ideas
  Charles I. Jones #10767 (EFG)
• Finance and Growth: Theory and Evidence
  Ross Levine #10766 (CF, EFG, IFM)
• Technological Progress and Economic Transformation
  Jeremy Greenwood and Ananth Seshadri #10765 (EFG)
• Shocks and Government Beliefs: The Rise and Fall of American Inflation
  Thomas Sargent, Noah Williams, and Tao Zha #10764 (EFG)
• Will Job Testing Harm Minority Workers?
  David Autor and David Scarborough #10763 (LS)

Week of September 6, 2004

• Effects of Child Health on Sources of Public Support
  Nancy E. Reichman, Hope Corman, and Kelly Noonan #10762 (HE, PE)
• The Optimal Use of Fines and Imprisonment When Wealth is Unobservable
  A. Mitchell Polinsky #10761 (LE)
• Optimal Fines and Auditing When Wealth is Costly to Observe
  A. Mitchell Polinsky #10760 (LE)
• Explaining Diversities in Age-Specific Life Expectancies and Values of Life Saving: A Numerical Analysis
  Isaac Ehrlich and Yong Yin #10759 (HE)
• Patent Licensing and the Research University
  Richard A. Jensen and Marie C. Thursby #10758 (ITI)
• Socioeconomic Status and Medical Care Expenditures in Medicare Managed Care
  Kanika Kapur, Jeannette A. Rogowski, Vicki A. Freedman, Steven L. Wickstrom, John L. Adams, and Jose J. Escarce #10757 (HE)
• Can Interest Rate Volatility be Extracted from the Cross Section of Bond Yields?
  Pierre Collin-Dufresne, Robert S. Goldstein, and Christopher S. Jones #10756 (AP)
• Predatory Trading
  Markus Brunnermeier and Lasse Heje Pedersen #10755 (AP)
• The Appeals Process and Adjudicator
  Steven Shavell #10754 (LE)
• Sovereign Debt and Repudiation: The Emerging-Market Debt Crisis in the U.S. States, 1839-1843
  John Joseph Wallis, Richard E. Sylla, and Arthur Grinath III #10753 (DAE)
• High Performing Asian Economies
  Robert W. Fogel #10752 (EFG)
• The Long-Run Volatility Puzzle of the Real Exchange Rate
  Ricardo Hausmann, Ugo Panizza, and Roberto Rigobon #10751 (IFM)
• Rule of Law, Democracy, Openness, and Income: Estimating the Interrelationships
  Roberto Rigobon and Dani Rodrik #10750 (EFG, IFM, ITI)
• Once Again, is Openness Good for Growth?
  Ha Yan Lee, Luca Antonio Ricci, and Roberto Rigobon #10749 (EFG, IFM, ITI)

Week of August 30, 2004

• Why Do Incumbent Senators Win? Evidence from a Dynamic Selection Model
  Gautam Gowrisankaran, Matthew F. Mitchell, and Andrea Moro #10748 (PE)
• Targeting Rules vs. Instrument Rules for Monetary Policy: What is Wrong with McCallum and Nelson?
  Lars E.O. Svensson #10747 (ME)
• Faster, Smaller, Cheaper: An Hedonic Price Analysis of PDAs
  Paul D. Chwelos, Ernst R. Berndt, and Iain M. Cockburn #10746 (P)
• Does the Impact of Managed Care on Substance Abuse Treatment Services Vary By Profit Status?
  Jody Sindelar and Todd Olmstead #10745 (A, HE)
• Effective Labor Regulation and Microeconomic Flexibility
  Ricardo J. Caballero, Eduardo M.R.A. Engel, Kevin N. Cowan, and Alejandro Micco #10744 (EFG, LS, P)
• Multi-Period Corporate Failure Prediction with Stochastic Covariates
  Darrell Duffie and Ke Wang #10743 (CF, AP)
• Stealth Compensation Via Retirement Benefits
  Lucian Arye Bebchuk and Jesse M. Fried #10742 (CF, LE)
• On the Timing of Innovation in Stochastic Schumpeterian Growth Models
  Gadi Barlevy #10741 (EFG, P)
• Disaggregating Employment Protection: The Case of Disability Discrimination
  Christine Jolls and J.J. Prescott #10740 (LS, LE)
• The Dynamics of Criminal Behavior: Evidence from Weather Shocks
  Brian Jacob, Lars Lefgren, and Enrico Moretti #10739 (PE)
• Does Cost Sharing Affect Compliance? The Case of Prescription Drugs
  Avi Dor and William Encinosa #10738 (HE, P)

Week of August 23, 2004

• The Value of Life and the Rise in Health Spending
  Robert E. Hall and Charles I. Jones #10737 (EFG, A, HE, PE)
• The Social Costs of Gun Ownership
  Philip J. Cook and Jens Ludwig #10736 (HE)
• Labor Market Institutions, Wages, and Investment
  Jorn-Steffen Pischke #10735 (LS)
• Emerging Market Business Cycles: The Cycle is the Trend
  Mark Aguiar and Gita Gopinath #10734 (EFG, IFM)
• Neoclassical Growth and the Adoption of Technologies
  Diego Comin and Bart Hobijn #10733 (EFG, ME)
• Transition Dynamics in Vintage Capital Models: Explaining the Postwar Catch-Up of Germany and Japan
  Simon Gilchrist and John C. Williams #10732 (EFG, ME)
• Defaultable Debt, Interest Rates and the Current Account
  Mark Aguiar and Gita Gopinath #10731 (IFM)
• Welfare vs. Market Access: The Implications of Tariff Structure for Tariff Reform
  James A. Anderson and J. Peter Neary #10730 (ITI)
• Empire, Public Goods, and the Roosevelt Corollary
  Kris James Mitchener and Marc D. Weidenmier #10729 (DAE)
• Technical Change and the Wage Structure During the Second Industtrial Revolution: Evidence from the Merchant Marine, 1865-1912
  Aimee Chin, Chinhui Juhn, and Peter Thompson #10728 (DAE, LS)
• The US Current Deficit and Economic Development: Collateral for a Total Return Swap
  Michael P. Dooley, David Folkerts-Landau, and Peter M. Garber #10727 (IFM)
• Why Do Countries Matter So Much for Corporate Governance?
  Rene M. Stulz, Craig Dodge and Andrew Karolyi #10726 (CF)
• Determinants of Business Cycle Comovement: A Robust Analysis
  Marianne Baxter and Michael A. Kouparitsas #10725 (EFG, IFM)
• Optimal Operational Monetary Policy in the Christiano-Eichenbaum-Evans Model of the U.S. Business Cycle
  Stephanie Schmitt-Grohe and Martin Uribe #10724 (EFG, ME)
• Exchange Rates and Fundamentals
  Charles Engel and Kenneth D. West #10723 (EFG, IFM, ME, AP)
• Robin Hood and His Not-So-Merry Plan: Capitalization and the Self-Destruction of Texas' School Finance Equalization Plan
  Caroline M. Hoxby and Ilyana Kuziemko #10722 (ED, PE, C)
• Negotiating Free Trade
  Philippe Aghion, Pol Antras, and Elhanan Helpman #10721 (ITI)
• The More the Merrier? The Effect of Family Composition on Children's Education
  Sandra E. Black, Paul G. Devereux, and Kjell G. Salvanes #10720 (ED, LS)
• Stock Market Trading and Market Conditions
  John M. Griffin, Federico Nardari, and Rene M. Stulz #10719 (CF, AP)

Week of August 16, 2004

• Volatility Comovement: A Multifrequency Approach
  Laruent E. Calvet, Adlai J. Fisher, and Samuel B. Thompson #T300 (TWP)
• The Impact of Trade on Intraindustry Reallocation and Aggregate Industry Productivity: A Comment
  Richard E. Baldwin #10718 (ITI, P)
• Transboundary Spillovers and Decentralization of Environmental Policies
  Hilary Sigman #10717 (ENV, PE)
• Corporate Ownership in France: The Importance of History
  Antoin E. Murphy #10716 (CF)
• How Much Might Universal Health Insurance Reduce Socioeconomic Disparities in Health? A Comparison of the US and Canada
  Sandra L. Decker and Dahlia K. Remler #10715 (HE)
• Explaining the Evolution of Pension Structure and Job Tenure
  Leora Friedberg and Michael Owyang #10714 (A, LS)
• Long-Term Consequences of Secondary School Vouchers: Evidence from Administrative Records in Colombia
  Joshua Angrist, Eric Bettinger, and Michael Kremer #10713 (ED, C)
• CPI Bias from Supercenters: Does the BLS Know that Wal-Mart Exists?
  Jerry Hausman and Ephraim Leibtag #10712 (EFG, PE)
• Borrowing Constraints, College Aid, and Intergenerational Mobility
  Eric A. Hanushek, Charles Ka Yui Leung, and Kuzey Yilmaz #10711 (LS, PE, C)
• Merger Policy and Innovation: Must Enforcement Change to Account for Technological Change?
  Michael L. Katz and Howard A. Shelanski #10710 (IO, P)
• The Effect of Malpractice Liability on the Delivery of Health Care
  Katherine Baicker and Amitabh Chandra #10709 (HE, LE)
• The Role and Functioning of Public-Interest Legal Organizations in the Enforcement of the Employment Laws
  Christine Jolls #10708 (LE)
• Optimal Expectations
  Markus K. Brunnermeir and Jonathan A. Parker #10707 (EFG, ME, AP)
• Interdependent Security: A General Model
  Geoffrey Heal and Howard Kunreuther #10706
• Abortion Legalization and Lifecycle Fertility
  Elizabeth Oltmans Ananat, Jonathan Gruber, and Phillip B. Levine #10705 (HE, C)
• Monetary Policy and Asset Prices: A Look Back at Past U.S. Stock Market Booms
  Michael D. Bordo and David C. Wheelock #10704 (DAE, ME, AP)
• Why Do Real and Nominal Inventory-Sales Ratios Have Different Trends?
  Valerie A. Ramey and Daniel J. Vine #10703 (EFG, ME)
• A Common Currency: Early U.S. Monetary Policy and the Transition to the Dollar
  Peter L. Rousseau #10702 (DAE, IFM, ME)
• The Effect of Mandated State Education Spending on Total Local Resources
  Katherine Baicker and Nora Gordon #10701 (ED, PE)
• How Far to the Hospital? The Effect of Hospital Closures on Access to Health Care
  Thomas C. Buchmueller, Mireille Jacobson, and Cheryl Wold #10700 (HE)
• What Did the "Illegitimacy Bonus" Reward?
  Sanders Korenman, Ted Joyce, Robert Kaestner, and Jennifer Walper #10699 (HE, C)
• Pairwise Kidney Exchange
  Alvin E. Roth, Tayfun Sonmez, and M. Utku Unver #10698 (HE)

Week of August 9, 2004

• Optimal Invariant Similar Tests for Instrumental Variables Regression
  Donald W.K. Andrews, Marcelo Moreira, and James H. Stock #T299 (TWP)
• The Use of Predictive Regressions at Alternative Horizons in Finance and Economics
  Nelson C. Mark and Donggyu Sul #T298 (TWP)
• Overseas Assembly and Country Sourcing Choices
  Deborah L. Swenson #10697 (ITI)
• Fixed Exchange Rates and Trade
  Michael W. Klein and Jay C. Shambaugh #10696 (IFM, ITI)
• Do Tenured and Tenure-Track Faculty Matter?
  Ronald G. Ehrenberg and Liang Zhang #10695 (LS)
• Budget Windows, Sunsets, and Fiscal Control
  Alan J. Auerbach #10694 (EFG, PE)
• The Fiscal Burden of Korean Reunification: A Generational Accounting Approach
  Alan J. Auerbach, Young Jun Chun, and Ilho Yoo #10693 (PE)
• Corporate Governance, Economic Entrenchment and Growth
  Randall Morck, Daniel Wolfenzon, and Bernard Young #10692 (CF)
• Maternal Employment and Adolescent Development
  Christopher J. Ruhm #10691 (HE, C)
• Corporate Tax Evasion with Agency Costs
  Keith J. Crocker and Joel Slemrod #10690 (PE)
• Weak and Semi-Strong Form Stock Return Predictability, Revisited
  Wayne E. Ferson, Andrea Heuson, and Tie Su #10689 (AP)
• Demand for Illicit Drugs by Pregnant Women
  Hope Corman, Kelly Noonan, Nancy E. Reichman, and Dhaval Dave #10688 (HE, C)
• Law and Firms' Access to Finance
  Thorsten Beck, Asli Demirguc-Kunt, and Ross Levine #10687 (IFM)
• The Determinants of the Global Digital Divide: A Cross-Country Analysis of Computer and Internet Penetration
  Menzie D. Chinn and Robert Fairlie #10686 (IFM, ITI)
• Can Mutual Fund Managers Pick Stocks? Evidence from the Trades Prior to Earnings Announcements
  Malcolm Baker, Lubomir Litov, Jessica A. Wachter, and Jeffrey Wurgler #10685 (CF, AP)
• What is Discrimination? Gender in the American Economic Association
  Stephen Donald and Daniel S. Hamermesh #10684 (LS)
• Inequality Change in China and (Hukou) Labour Mobility Restrictions
  John Whalley and Shunming Zhang #10683 (ITI)
• Welfare Migration: Is the Net Fiscal Burden a Good Measure of Its Economic Impact on the Welfare of the Native Born Population?
  Assaf Razin and Efraim Sadka #10682 (LS, PE)
• Federal Government Debt and Interest Rates
  Eric M. Engen and R. Glenn Hubbard #10681 (CF, EFG, ME, PE)
• Refugees, Asylum Seekers and Policy in Europe
  Timothy J. Hatton and Jeffrey G. Willliamson #10680 (DAE, ITI, LS)

Week of August 2, 2004 (continued)

• Credible Commitment to Optimal Escape from a Liquidity Trap: The Role of the Balance Sheet
  Olivier Jeanne and Lars E. O. Svensson #10679 (EFG, ME)
• Do Gender Stereotypes Reduce Girls' Human Capital Outcomes? Evidence from a Natural Experiment
  Victor Lavy #10678 (ED, LS, C)
• Detecting Medicare Abuse
  David Becker, Daniel Kessler, and Mark McClellan #10677 (HE)
• The X Tax in the World Economy
  David F. Bradford #10676 (ITI, PE)
• Portfolio Concentration and the Performance of Individual Investors
  Zoran Ivkovich, Clemens Sialm, and Scott Weisbenner #10675 (AP)
• Corruption in Indonesia
  J. Vernon Henderson and Ari Kuncoro #10674 (PE)
• Exchange Rate Regime Durability and Performance in Developing Versus Advanced Economies
  Aasim Husain, Ashoka Mody, Kenneth S. Rogoff #10673 (EFG, IFM, ME)
• What Does the Yield Curve Tell us about GDP Growth?
  Andrew Ang, Monika Piazzesi, Min Wei #10672 (EFG, ME, AP)
• Large Blocks of Stock: Prevalence, Size, and Measurement
  Jennifer Dlugosz, Rudiger Fahlenbrach, Paul Gompers, and Andrew Metrick #10670 ED, LS, C)
• Preschool, Day Care, and Afterschool Care: Who's Minding the Kids?
  David Blau and Janet Currie #10670 (ED, LS, C)
• Health in an Age of Globalization
  Angus Deaton #10669 (EFG, HE)
• Comparative Advantage and Heterogeneous Firms
  Andrew Bernard, Stephen Redding, and Peter K. Schott #10668 (ITI)
• Neighbors as Negatives: Relative Earnings and Well-Being
  Erzo F. P. Luttmer #10667 (PE)
• Good Principal or Good Peers? Parental Valuation of School Characteristics, Tiebout Equilibrium, and the Incentive Effects of Competition Among Jurisdictions
  Jesse Rothstein #10666 (ED, C)
• An Empirical Model of Stock Analysts' Recommendations: Market Fundamentals, Conflicts of Interest, and Peer Effects
  Patrick Bajari and John Krainer #10665 (IO)
• A Model of Forum Shopping, with Special References to Standard Setting Organizations
  Josh Lerner and Jean Tirole #10664 (CF, P)
• The Economic Impacts of Climate Change: Evidence from Agricultural Profits and Random Fluctuations in Weather
  Olivier Deschenes and Michael Greenstone #10663 (LS, P, PE)
• Two Centuries of Economic Growth: Europe Chasing the American Frontier
  Robert J. Gordon #10662 (EFG, P, DAE)
• Why was Europe Left at the Station When America's Productivity Locomotive Departed
  Robert J. Gordon #10661(EFG, P)
• Five Puzzles in the Behavior of Productivity, Investment, and Innovation
  Robert J. Gordon #10660 (EFG, P)

Week of August 2, 2004

• Go Down Fighting: Short Sellers vs. Firms
  Owen A. Lamont #10659 (CF, AP)
• Evaluating the Impact of the D.C. Tuition Assistance Program
  Thomas Kane #10658 (ED, PE, C)
• Economic and Political Liberalizations
  Francesco Giavazzi and Guido Tabellini #10657 (IFM)
• Minimum Wage Effects in the Longer Run
  David Neumark and Olena Nizalova #10656 (LS)
• Search-Theoretic Models of the Labor Market: A Survey
  Richard Rogerson, Robert Shimer, and Randall Wright #10655 (EFG, LS)
• Free Banking and Bank Entry in Nineteenth Century New York
  Howard Bodenhorn #10654 (DAE, ME)
• Sex Differences in Morbidity and Mortality
  Anne Case and Christina Paxson #10653 (A, HE)
• Modeling Inventories Over the Business Cycle
  Aubhik Khan and Julia K. Thomas #10652 (EFG)
• On the Importance of Measuring Payout Yield: Implications for Empirical Asset Pricing
  Jacob L. Boudoukh, Roni Michaely, Matthew Richardson, and Michael Roberts #10651 (AP)
• Do a Firm's Equity Returns Reflect the Risk of Its Pension Plan?
  Li Jin, Robert C. Merton, and Zvi Bodie #10650 (AP)
• China's Post Accession WTO Stance
  Glenda Mallon and John Whalley #10649 (ITI)
• Illicit Drug Use Among Arrestees and Drug Prices
  Dhaval Dave #10648 (HE)
• Estimating the Effects of a Time Limited Earning Subsidy for Welfare Leavers
  David Card and Dean R. Hyslop #10647 (LS, PE)
• Can Inflation Targeting Work in Emerging Market Countries?
  Frederic S. Mishkin #10646 (EFG, IFM, ME)
• Do the Rich Flee from High State Taxes? Evidence from Federal Estate Tax Returns
  Jon Bakija and Joel Slemrod #10645 (PE)
• Behavioral Finance in Corporate Governance Independent Directors and Non-Executive Chairs
  Randall Morck #10644 (CF)
• International Innovation and Diffusion of Air Pollution Control Technologies: The Effects of NOX and SO2 Regulation in the U.S., Japan, and Germany
  David Popp #10643 (P)
• Deflationary Bubbles
  Willem H. Buiter and Anne C. Sibert #10642 (EFG, IFM, ME)
• The History and Politics of Corporate Ownership in Sweden
  Peter Hogfeldt #10641 (CF)
• Scientific Teams and Institutional Collaborations: Evidence from U.S. Universities, 1981-1999
  James D. Adams, Grant C. Black, J. Roger Clemmons, and Paula E. Stephan #10640 (P)
• Auctions with Resale When Private Values are Uncertain: Theory and Empirical Evidence
  Andreas Lange, John A. List, and Michael Price #10639 (IO, PE)
• Specialization, Factor Accumulation and Development
  Doireann Fitzgerald and Juan Carlos Hallak #10638 (ITI)
• Public Debt, Fiscal Solvency and Macroeconomic Uncertainty in Latin America: The Cases of Brazil, Colombia, Costa Rica, and Mexico
  Enrique G. Mendozam and Pedro Marcelo Oviedo #10637 (PE)
• Technology Shocks and Aggregate Fluctuations: How Well Does the RBC Model Fit Postwar U.S. Data?
  Jordi Gali and Pau Rabanal #10636 (EFG, ME)
• The Rise and Fall of the Widely Held Firm A History of Corporate Ownership in Canada
  Randall Morck, Michael Percy, Gloria Tian, and Bernard Yeung #10635 (CF)

Week of July 12, 2004

• On the Relationship Between Determinate and MSV Solutions in Linear RE Models
  Bennett T. McCallum #T297 (TWP)
• A New Look at Racial Profiling: Evidence from the Boston Police Department
  Kate L. Antonovics and Brian G. Knight #10634 (PE)
• Are Migrants More Skilled than Non-Migrants? Repeat, Return and Same-Employer Migrants
  Jennifer Hunt #10633 (LS)
• Measuring the Effects of Workplace on Productivity With Team Production
  Sean Nicholson, Mark V. Pauly, Daniel Polsky, Claire Sharda, Helena Szrek, and Marc L. Berger #10632 (LS, P)
• The Source of Historical Economic Fluctuations: An Analysis using Long-Run Restrictions
  Neville Francis and Valerie A. Ramey #10631 (EFG, ME)
• Capital Income Taxation in the Globalized World
  Assaf Razin and Efraim Sadka #10630 (IFM, PE)
• Unmasking the Pollution Haven Effect
  Arik Levinson and M. Scott Taylor #10629 (ENV, ITI)
• Spending Less Time with the Family: The Decline of Family Ownership in the UK
  Julian Franks, Colin Mayer, Stefano Rossi (CF)
• Using Investment Data to Assess the Importance of Price Mismeasurement
  Diego Comin #10627 (EFG)
• Direct Investment, Rising Real Wages and the Absorption of Excess Labor in the Periphery
  Michael P. Dooley, David Folkerts-Landau, and Peter Garber #10626 (IFM)
• R&D: A Small Contribution to Productivity Growth
  Diego Comin #10625 (P)
• Sources for Financing Domestic Capital - Is Foreign Saving a Viable Option for Developing Countries?
  Joshua Aizenman, Brian Pinto, and Artur Radziwill #10624 (ITI)
• How Have Borrowers Fared in Banking Mega-Mergers?
  Kenneth A. Carow, Edward J. Kane, and Rajesh Narayanan #10623 (CF)
• Performance Pay and Teachers' Effort, Productivity and Grading Ethics
  Victor Lavy #10622 (ED, LS)
• The Wage Gains of African-American Women in the 1940s
  William J. Collins and Martha J. Bailey #10621 (DAE, LS)
• The Design of Financial Systems: Towards a Synthesis of Function and Structure
  Robert C. Merton and Zvi Bodie #10620 (AP)
• The Effects of Cocaine and Heroin Price on Drug-Related Emergency Department Visits
  Dhaval Dave #10619 (HE)
• Education, Redistribution, and the Threat of Brian Drain
  Alexander Haupt and Eckhard Janeba #10618 (ITI, LS)
• Evaluating the Calvo Model of Sticky Prices
  Martin Eichenbaum and Jonas D.M. Fisher #10617 (EFG, ME)
• The Macroeconomy and the Yield Curve: A Dynamic Latent Factor Approach
  Francis X. Diebold, Glenn D. Redebusch, and S. Boragan Aruoba #10616 (EFG, ME, AP)
• A Continuous-Time Agency Model of Optimal Contracting and Capital Structure
  Peter M. DeMarzo and Yuliy Sannikov #10615 (CF, AP)
• Unbiased Estimation of the Half-Life to PPP Convergence in Panel Data
  Chi-Young Choi, Nelson Mark, and Donggyu Sul #10614 (IFM)
• The Evolution of Concentrated Ownership in India Broad Patterns and a History of the Indian Software Industry
  Tarun Khanna and Krishna Palepu #10613 (CF, IO)
• Targeting vs. Instrument Rules for Monetary Policy
  Bennett T. McCallum and Edward Nelson #10612 (EFG, ME)
• Liquidity Constraints and Housing Prices: Theory and Evidence from the VA Mortgage
  Jacob L. Vigdor #10611 ( PE)

Week of June 28, 2004

• The Political Economy of Fair Housing Laws Prior to 1968
  William J. Collins #10610 (DAE)
• How Elections Matter: Theory and Evidence from Environmental Policy
  John A. List and Daniel M. Sturm #10609 (PE)
• Breakfast of Champions? The School Breakfast Program and the Nutrition of Children and Families
  Jayanta Bhattacharya, Janet Currie, and Steven Haider #10608 (ED, HE, LS, C)
• The Purchasing Power Parity Debate
  Alan M. Taylor and Mark P. Taylor #10607 (IFM, ITI)
• Measuring the Growth from Better and Better Goods
  Mark Bils #10606 (EFG)
• Exploring the Patent Explosion
  Bronwyn H. Hall #10605 (IO, P)
• The Impact of Presumed Consent Legislation on Cadaveric Organ Donation: A Cross Country Study
  Alberto Abadie and Sebastien Gay #10604 (HE)
• Learning on the Quick and Cheap: Gains from Trade Through Imported Expertise
  James R. Markusen and Thomas F. Rutherford #10603 (ITI)
• Managing Volatility and Crises: A Practitioner's Guide Overview
  Joshua Aizenman and Brian Pinto #10602 (IFM)
• Peace and War in Territorial Disputes
  Herschel I. Grossman #10601 (EFG)
• The Impact of the Terms of Trade on Economic Development in the Periphery, 1870-1939
  Christopher Blattman, Jason Hwang, and Jeffrey G. Williamson #10600 (DAE, ITI)
• Dividend Policy, Agency Costs, and Earned Equity
  Harry DeAngelo, Linda DeAngelo, and René M. Stulz #10599 (CF, AP)
• Economic Impacts of Unionization on Private Sector Employers: 1984-2001
  John DiNardo and David S. Lee #10598 (LS)

Week of June 21, 2004

• Exotic Preferences for Macroeconomists
  David Backus, Bryan Routledge, and Stanley Zin #10597 (EFG, AP)
• The Effect of Population Health on Foreign Direct Investment
  Marcella Alsan, David E. Bloom, and David Canning #10596 (HE, ITI)
• Facts and Fantasies about Commodity Futures
  Gary Gorton and K. Geert Rouwenhorst #10595 (AP)
• Product Variety and Demand Uncertainty
  Dennis W. Carlton and James D. Dana, Jr. #10594 (IO)
• Trade, Inequality, and Poverty: What Do We Know? Evidence from Recent Trade Liberalization Episodes in Developing Countries
  Pinelopi K. Goldberg and Nina Pavcnik #10593 (ITI, LS)
• Are Technology Improvements Contractionary?
  Susanto Basu, John Fernald, and Miles Kimball #10592 (EFG, ME, P)
• Does School Accountability Lead to Improved Student Performance
  Eric A. Hanushek and Margaret E. Raymond #10591 (ED, PE, C)
• The Quality of Labor Relations and Unemployment
  Olivier Blanchard and Thomas Philippon #10590 (EFG, LS, ME)
• Preference Formation and the Rise of Women's Labor Force Participation: Evidence from WWII
  Raquel Fernandez, Alessandra Fogli, and Claudia Olivetti #10589 (EFG, LS, LE)
• The Timing, Intensity, and Composition of Interest Group Lobbying: An Analysis of Structural Policy Windows in the States
  John M. de Figueiredo #10588 (IO, LE)
• The Costs of Entrenched Boards
  Lucian Bebchuk and Alma Cohen #10587 (CF, LE)
• India's De-Industrialization Under British Rule: New Ideas, New Evidence
  David Clingingsmith and Jeffrey G. Williamson #10586 (DAE, ITI)
• Trade Liberalization and Pollution Havens
  Josh Ederington, Arik Levinson, and Jenny Minier #10585 (ITI)
• Slow Recoveries
  Raphael Bergoeing, Norman Loayzaw, and Andrea Repetto #10584 (EFG, P)
• Measuring Market Integration: Foreign Exchange Arbitrage and the Gold Standard, 1879-1913
  Eugene Canjels, Gauri Prakash-Canjels, and Alan M. Taylor #10583 (DAE, IFM)
• The Rise of U.S. Antidumping Actions in Historical Perspective
  Douglas Irwin #10582 (DAE, ITI)
• Was There a Nasdaq Bubble in the Late 1990s?
  Lubos Pastor and Pietro Veronesi #10581 (AP)
• Until it's Over, Over There: The U.S. Economy in World War I
  Hugh Rockoff #10580 (DAE)
• Maximum Likelihood Estimation of Stochastic Volatility Models
  Yacine Ait-Sahalia and Robert Kimmel #10579 (AP)
• Education for Innovation: Entrepreneurial Breakthroughs vs. Corporate Incremental Improvements
  William J. Baumol #10578 (IO)
• Why Barriers to Entry are Barriers to Understanding
  Dennis W. Carlton #10577 (IFM)
• Why Doesn't Asia Have Bigger Bond Markets?
  Barry Eichengreen and Pipat Luengnaruemitchai #10576 (CF, IFM)
• Targeted Remedial Education for Under-Performing Teenagers: Costs and Benefits
  Victor Lavy and Analia Schlosser #10575 (ED, LS, C)
• Should We Fear Derivatives?
  Rene M. Stulz #10574 (CF, AP)

Week of June 14, 2004

• Asymmetric Cycles
  Boyan Jovanovic #10573 (EFG, P)
• Do Dividend Payments Respond to Taxes? Preliminary Evidence from the 2003 Dividend Tax Cut
  Raj Chetty and Emmanuel Saez #10572 (CF, PE)
• Conflicts of Interest, Information Provision, and Competition in Banking
  Patrick Bolton, Xavier Freixas, and Joel Shapiro #10571 (CF, IO)
• Search, Obfuscation, and Price Elasticities on the Internet
  Glenn Ellison and Sara Fisher Ellison #10570 (IO)
• Productivity, Tradability, and the Long-Run Price Puzzle
  Paul Bergin, Reuven Glick, and Alan M. Taylor #10569 (DAE, ITI, P)
• Do Institutions Cause Growth?
  Edward L. Glaeser, Rafael La Porta, Florencio Lopez-de-Silanes, and Andrei Shleifer #10568 (EFG)
• SEC Regulation Fair Disclosure, Information, and the Cost of Capital
  Armando Gomes, Gary Gorton, and Leonardo Madureira #10567 (CF, IO, AP)
• Growth Accelerations
  Ricardo Hausman, Lant Pritchett, and Dani Rodrik #10566 (EFG, ITI)
• Globalization, Returns to Accumulations and the World Distribution of Output
  Paul Beaudry and Fabrice Collard #10565 (EFG, ITI)
• Further Tests of Abortion and Crime
  Ted Joyce #10564 (HE, C)
• The Real Effects of Investor Sentiment
  Christopher Polk and Paola Sapienza #10563 (CF, EFG, AP)
• The Economic Effects of Living Wage Laws: A Provisional Review
  Scott Adams and David Neumark #10562 (LS)
• When Do Living Wages Bite?
  Scott Adams and David Neumark #10561 (LS)
• Growth Volatility and Financial Liberalization
  Geert Bekaert, Campbell R. Harvey, and Christian Lundblad #10560 (ITI, AP, EFG)
• The Stock Market and Investment: Evidence from FDI Flows
  Malcolm Baker, C. Fritz Foley, and Jeffrey Wurgler #10559 (IFM, ITI, AP)
• Conscription as Regulation
  Casey Mulligan and Andrei Shleifer #10558 (LS, PE)
• The Green Solow Model
  William A. Brock and M. Scott Taylor #10557 (EFG, ENV)
• Shakeouts and Market Crashes
  Alessandro Barbarino and Boyan Jovanovic #10556 (EFG, AP)
• Growth Effects of the Exchange-Rate Regime and the Capital-Account Openness in a Crisis Prone World Market: A Nuanced View
  Assaf Razin and Yona Rubinstein #10555 (IFM)
• Where Do New US-Trained Science-Engineering PhDs Come From?
  Richard B. Freeman, Emily Jin, and Chia-Yu Shen #10554 (ED, LS)

Week of June 7, 2004

• When Do Firms Hire Lobbyists? The Organization of Lobbying at the Federal Communications Commission
  John M. deFigueiredo and James J. Kim #10553 (IO, LE)
• The Costs of Low Birth Weight
  Douglas Almond, Kenneth Y. Chay, and David S. Lee #10552 (HE, C)
• "Success Taxes," Entrepreneurial Entry, and Innovation
  William M. Gentry and R. Glenn Hubbard #10551 (PE)
• The Economic Implications of Corporate Financial Reporting
  John R. Graham, Campbell R. Harvey, and Shiva Rajgopal #10550 (CF, AP)
• Welfare Reform and Health
  Marianne Bitler, Jonah Gelbach, and Hilary Hoynes #10549 (HE, PE)
• Stock Prices, News and Economic Fluctuations
  Paul Beaudry and Franck Portier #10548 (EFG, AP)
• Futures Prices as Risk-adjusted Forecasts of Monetary Policy
  Monika Piazzesi and Eric Swanson #10547 (ME)
• Profit Neutrality in Licensing: The Boundary between Antitrust Law and Patent Law
  Stephen M. Maurer and Suzanne Scotchmer #10546 (LE, P)
• Financial Constraints and Growth: Multinational and Local Firm Responses to Currency Crises
  Mihir A. Desai, C. Fritz Foley, and Kristin J. Forbes #10545 (CF, IFM)

Week of May 31, 2004

• Heterogeneous Productivity Response to Tariff Reduction: Evidence from Brazilian Manufacturing Firms
  Adriana Schor #10544 (ITI, P)
• Earnings Manipulation and Managerial Investment Decisions: Evidence from Sponsored Pension Plans
  Daniel Bergstresser, Mihir A. Desai, and Joshua Rauh #10543 (CF, LS, AP, PE)
• How Much Do Medical Students Know About Physician Income?
  Sean Nicholson #10542 (HE, LS)
• Incentive Effects of Social Assistance: A Regression Discontinuity Approach
  Thomas Lemieux and Kevin Milligan #10541 (LS, PE)
• International Trade and Macroeconomic Dynamics with Heterogeneous Firms
  Fabio Ghironi and Marc J. Melitz #10540 (EFG, IFM, ITI)
• Political Budget Cycles in New versus Established Democracies
  Adi Brender and Allan Drazen #10539 (EFG, IFM)
• The Globalization of the Software Industry: Perspectives and Opportunities for Developed and Developing Countries
  Ashish Arora and Alfonso Gambardella #10538 (ITI, P)
• Do Stock Price Bubbles Influence Corporate Investment?
  Simon Gilchrist, Charles P. Himmelberg, and Gur Huberman #10537 (CF, ME, AP)
• Mergers and Acquisitions in the Pharmaceutical and Biotech Industries
  Patricia M. Danzon, Andrew Epstein, and Sean Nicholson #10536 (CF, HE, IO)
• Building Relationships Early: Banks in Venture Capital
  Thomas Hellmann, Laura Lindsey, and Manju Puri #10535 (CF)
• International Reserves Management and Capital Mobility in a Volatile World: Policy Considerations and a Case Study of Korea
  Joshua Aizenman, Yeonho Lee, and Yeongseop Rhee #10534 (IFM, ITI)

Week of May 24, 2004

• Dealing with Destabilizing ‘Market Discipline'
  Daniel Cohen and Richard Portes #10533 (IFM)
• Fiscal Policy and Financial Depth
  Ricardo J. Caballero and Arvind Krishnamurthy #10532 (CF, EFG, IFM)
• The Value of Phased Retirement
  Steven G. Allen #10531 (A, LS)
• Bargaining in Legislatures: An Empirical Investigation
  Brian Knight #10530 (PE)
• International Migration in the Long-Run: Positive Selection, Negative Selection and Policy
  Timothy J. Hatton and Jeffrey G. Williamson #10529 (ITI, LS)
• Identifying the Effects of the Americans with Disabilities Act Using State-Law Variation: Preliminary Evidence on Educational Participation Effects
  Christine Jolls #10528 (LS, LE)
• Consumption Commitments and Preferences for Risk
  Andrew Postlewaite, Larry Samuelson, and Dan Silverman #10527 (EFG, LS)
• Firms' Histories and Their Capital Structures
  Ayla Kayhan and Sheridan Titman #10526 (CF)
• The German Public Pension System: How it Was, How it Will Be
  Axel Boersch-Supan and Christina B. Wilke #10525 (A, PE)
• A Small Corner of Intertemporal Public Finance - New Developments in Monetary Economics
  Willem H. Buiter #10524 (EFG, ME, PE)
• Firm Dynamics, Investment, and Debt Portfolio: Balance Sheet Effects of the Mexican Crisis of 1994
  Sangeeta Pratap and Carlos Urritia #10523 (EFG)
• The Effect of Adolescent Experience on Labor Market Outcomes: The Case of Height
  Nicola Persico, Andrew Postlewaite, and Dan Silverman #10522 (LS)
• How Fast Do Personal Computers Depreciate? Concepts and New Estimates
  Mark E. Doms, Wendy E. Dunn, Stephen D. Oliner, and Daniel E. Sichel #10521 (PE)
• On the Empirics of Sudden stops: The Relevance of Balance-Sheet Effects
  Guillermo A. Calvo, Alejandro Izquierdo, and Luis-Fernando Mejia #10520 (IFM)
• Fear of Sudden Stops: Lessons from Australia and Chile
  Ricardo J. Caballero, Kevin Cowan, and Jonathan Kearns #10519 (EFG, IFM)
• Speculative Growth: Hints from the US Economy
  Ricardo J. Caballero, Emmanuel Farhi, and Mohamad L. Hammour #10518 (EFG, IFM)
• Exchange Rate Volatility and the Credit Channel in Emerging Markets: A Vertical Perspective
  Ricardo J. Caballero and Arvind Krishnamurthy #10517 (EFG, IFM)
• HIV Breakthroughs and Risky Sexual Behavior
  Dana Goldman, Darius Lakdawalla, and Neeraj Sood #10516 (HE)
• A Portrait of the Artist as a Very Young or Very Old Innovator: Creativity at the Extremes of the Life Cycle
  David W. Galenson #10515 (LS)
• Measuring Self-Control
  John Ameriks, Andrew Caplin, John Leahy, and Tom Tyler #10514 (EFG)
• The Impact of Education on Fertility and Child Mortality: Do Fathers Really Matter Less Than Mothers?
  Lucia Breierova and Esther Duflo #10513 (ED, C)
• The Role of Immigration in Dealing with the Developed World's Demographic Transition #10512 (A, PE)
  Hans Fehr, Sabine Jokisch, and Laurence Kotlikoff #10512 (A, PE)
• The Role of Public Health Improvements in Health Advances: The 20th Century United States
  David M. Cutler and Grant Miller #10511 (HE)
• Trust and Bribery: The Role of Quid Pro Quo and the Link with Crime
  Jennifer Hunt #10510 (LS, PE)
• Tax Effects on Work Activity, Industry Mix, and Shadow Economy Size: Evidence from Rich-Country Comparisons
  Steven J. Davis and Magnus Henrekson #10509 (EFG, LS, PE)
• Obesity as a Barrier to the Transition from Welfare to Work
  John Cawley and Sheldon Danziger #10508 (HE, LS)
• The Path to the Top: Changes in the Attributes and Careers of Corporate Executives, 1980-2001
  Peter Cappelli and Monika Hamori #10507 (LS)
• Simple Estimators for the Parameters of Discrete Dynamic Games (with Entry/Exit Examples
  Ariel Pakes, Michael Ostrovsky, and Steve Berry #10506 (IO, P)

Week of May 17, 2004

• Housing Collateral and Consumption Insurance Across US Regions
  Hanno Lustig and Stijn Van Neiuwerburgh #10505 (EFG, LS)
• Prediction Markets
  Justin Wolfers and Eric Zitzewitz #10504 (EFG)
• Land of Addicts? An Empirical Investigation of Habit-Based Asset Pricing Behavior
  Xiaohong Chen and Sydney C. Ludvigson #10503 (AP)
• Do Domestic Investors Have an Edge? The Trading Experience of Foreign Investors in Korea
  Hyuk Choe, Bong-Chan Kho, and Rene M. Stulz #10502 (IFM, AP)
• Market Structure and Productivity: A Concrete Example
  Chad Syverson #10501 (IO, P)
• Optimal Unemployment Insurance When Income Effects are Large
  Raj Chetty #10500 (LS, PE)
• Money, Sex, and Happiness: An Empirical Study
  David G. Blanchflower and Andrew J. Oswald #10499 (HE, LE)
• Intrahousehold Resource Allocation in Côte d'Ivoire: Social Norms, Separate Accounts and Consumption Choices
  Esther Duflo and Christopher Udry #10498 (C)

Week of May 10, 2004

• Global Imbalances and the Lessons of Bretton Woods
  Barry Eichengreen #10497 (DAE, IFM)
• On the Two Way Feedback Between Financial and Trade Openness
  Joshua Aizenman and Ilan Noy #10496 (ITI)
• Elements of a Theory of Design Limits to Optimal Policy
  William A. Brock and Steven N. Durlauf #10495 (EFG)
• Are Perks Purely Managerial Excess?
  Raghuram Rajan and Julie Wulf #10494 (CF, LS)
• The Economic Aftermath of the 1960s Riots: Evidence from Property Values
  William J. Collins and Robert A. Margo #10493 (DAE, LS)
• Moving Up or Moving Out? Anti-Sweatshop Activists and Labor Market Outcomes
  Ann Harrison and Jason Scorse #10492 (ITI, LS)
• The Tying of Lending and Equity Underwriting
  Steven Drucker #10491 #10491 (CF)
• On the (Ir)Relevence of Distribution and Labor Supply Distortion to Government Policy
  Louis Kaplow #10490 #10490 (LE, PE)
• The Role of Information in Medical Markets: An Analysis of Publicly Reported Outcomes in Cardiac Surgery
  David M. Cutler, Robert S. Huckman, and Mary Beth Landrum #10489 (HE)
• The Take Up of Social Benefits
  Janet Currie #10488 (LS, PE, C)
• Do Welfare Asset Limits Affect Household Saving? Evidence from Welfare Reform
  Erik Hurst and James P. Ziliak #10487 (EFG, A, PE)
• Plan Design and 401(k) Savings Outcomes
  James J. Choi, David Laibson, and Brigitte C. Madrian #10486 (CF, EFG, A, LS, PE)
• Social Capital
  Steven N. Durlauf and Marcel Fafchamps #10485 (EFG)
• Finders Keepers: Forfeiture Laws, Policing Incentives, and Local Budgets
  Katherine Baicker and Mirielle Jacobson #10484 (PE)

Week of May 3, 2004

• A Comprehensive Look at the Empirical Performance of Equity Premium Prediction
  Amit Goyal and Ivo Welch #10483 (CF, AP)
• Assessing the Economic Gains from Telecom Competition
  Richard N. Clarke, Kevin A. Hassett, Zoya Ivanova, and Laurence J. Kotlikoff #10482 (IO)
• Institutions as the Fundamental Cause of Long-Run Growth
  Daron Acemoglu, Simon Johnson, and James Robinson #10481 (EFG)
• Trade Costs
  James E. Anderson and Eric van Wincoop #10480 (ITI)
• Bank Chartering and Political Corruption in Antebellum New York: Free Banking as Reform
  Howard Bodenhorn #10479 (DAE)
• Education, Work, and Crime: A Human Capital Approach
  Lance Lochner #10478 (LS, C)
• How Confident Can We Be in CGE-Based Assessments of Free Trade Agreements?
  Thomas Hertel, David Hummels, Maros Ivanic, and Roman Keeney #10477 (ITI)
• Can Portfolio Rebalancing Explain the Dynamics of Equity Returns, Equity Flows and Exchange Rates?
  Harald Hau and Helene Rey #10476 (IFM, AP)
• Bank Supervision, Regulation, and Instability During the Great Depression
  Kris James Mitchener #10475 (DAE, ME)
• R&D Sourcing, Joint Ventures and Innovation: A Multiple Indicators Approach
  James D. Adams and Mircea Marcu #10474 (P)
• Retail Electricity Competition
  Paul L. Joskow and Jean Tirole #10473 (IO)
• Reliability and Competitive Electricity Markets
  Paul L. Joskow and Jean Tirole #10472 (IO)
• Corporate Tax Avoidance and High Powered Incentives
  Mihir A. Desai and Dhammika Dharmapala #10471 (CF, PE)
• Who Benefits from the Education Saving Incentives? Income, Educational Expectations, and the Value of the 529 and Coverdell
  Susan M. Dynarski #10470 (ED, C)
• Earnings Inequality and the Business Cycle
  Gadi Barlevy and Daniel Tsiddon #10469 (EFG, LS)
• Soft Information, Hard Shell: The Role of Soft Information in the Pricing of Intellectual Property Evidence for Screenplays Sales
  William N. Goetzman, Vicente Pons-Sanz, and S. Abraham Ravid #10468 (IO, AP)
• Specialization and Regulation: The Rise of Professionals and the Emergence of Occupational Licensing Regulation
  Marc T. Law and Sukkoo Kim #10467 (HE, DAE, LS)
• Social Security and the Evolution of Elderly Poverty
  Gary V. Engelhardt and Jonathan Gruber #10466 (A, PE)
• Factor Substitution and Unobserved Factor Quality in Nursing Homes
  John Cawley, David C. Grabowski, and Richard A. Hirth #10465 (HE)
• Death Spiral or Euthanasia? The Demise of Generous Group Health Insurance Coverage
  Mark V. Pauly, Olivia Mitchell, and Yuhui Zeng #10464 (HE)

Week of April 26, 2004

• A Simple Model of Optimal Hate Crime Legislation
  Li Gan, Roberton C. Williams III, and Thomas Wiseman #10463 (PE)
• A Test for Anchoring and Yea-Saying in Experimental Consumption Data
  Arthur van Soest and Michael Hurd #10462 (A)
• Models for Anchoring and Acquiescence Bias in Consumption Data
  Arthur van Soest and Michael Hurd #10461 (A)
• What Determines Corruption? International Evidence from Micro Data
  Naci Mocan #10460 (EFG, LE)
• Child Care Subsidy Receipt, Employment, and Child Care Choices of Single Mothers
  Erdal Tekin #10459 (HE, LS, C)
• A Model of Housing in the Presence of Adjustment Costs: A Structural Interpretation of Habit Persistence
  Marjorie Flavin and Shinobu Nakagawa #10458 (EFG)
• The Shape of Production Functions and the Direction of Technical Change
  Charles I. Jones #10457 (EFG, P)
• What prompts Japan to Intervene in the Forex Market? A New Approach to a Reaction Function
  Takatoshi Ito and Tomoyoshi Yabu #10456 (IFM)

Week of April 19, 2004

• On the Efficacy of Reforms: Policy Tinkering Institutional Change, and Entrepreneurship
  Murat Iyigun and Dani Rodrik #10455 (CF, PE)
• Consumption-Wealth Comovement of the Wrong Sign
  James J. Choi, David Laibson, Brigitte C. Madrian, and Andrew Metrick #10454 (EFG, AP)
• R-squared Around the World: New Theory and New Tests
  Li Jin and Stewart C. Myers #10453 (CF)
• Does Prekindergarten Improve School Preparation and Performance?
  Katherine A. Magnuson, Christopher J. Ruhm, and Jane Waldfogel #10452 (ED, C)
• Constitutions, Corporations, and Corruption: American States and Constitutional Change
  John Joseph Wallis #10451 (DAE)
• Estimating Dynamic Models of Imperfect Competition
  Patrick Bajari, C. Lanier Benkard, and Jonathan Levin #10450 (IO)

Week of April 12, 2004

• Investor Sentiment and the Cross-Section of Stock Returns
  Malcolm Baker and Jeffrey Wurgler #10449 (CF, AP)
• High-Frequency Contagion Between the Exchange Rates and Stock Prices
  Yuko Hashimoto and Takatoshi Ito #10448 (IFM, AP)
• Assessing the Risk in Sample Minimum Risk Portfolios
  Gopal K. Basak, Ravi Jagannathan, and Tongshu Ma #10447 (AP)
• Investment, Capacity, and Uncertainty: A Putty-Clay Approach
  Simon Gilchrist and John C. Williams #10446 (ME)
• Access to Care, Provider Choice and Racial Disparities
  Anna Aizer, Adriana Lleras-Muney, and Mark Stabile #10445 (HE, C)
• Social Security and Trust Fund Management
  Takashi Oshio #10444 (A, PE)
• The Optimal Design of Unemployment Insurance and Employment Protection. A First Pass
  Olivier Blanchard and Jean Tirole #10443 (EFG, ME, PE)
• Factor Prices and Factor Substitution in U.S. Firms' Manufacturing Affiliates Abroad
  Maria Borga and Robert E. Lipsey #10442 (ITI)
• Financial-Sector FDI and Host Countries: New and Old Lessons
  Linda Goldberg #10441 (ITI)
• Fiscal Shenanigans, Targeted Federal Health Care Funds, and Patient Mortality
  Katherine Baicker and Douglas Staiger #10440 (HE, PE)
• Political Pressure Deflection
  James E. Anderson and Maurizio Zanardi #10439 (ITI)
• Which Countries Have State Religions?
  Robert J. Barro and Rachel M. McCleary #10438 (EFG)
• Managed Care Discounting: Evidence from the MarketScan Database
  Avi Dor, Siran Koroukian, and Michael Grossman #10437 (HE)
• Information Diffusion Effects in Individual Investors' Common Stock Purchases: Covet Thy Neighbors' Investment Choices
  Zoran Ivkovich and Scott Weisbenner #10436 (AP)
• Child Mental Health and Human Capital Accumulation: The Case of ADHD
  Janet Currie and Mark Stabile #10435 (ED, HE, C)
• Short Interest and Stock Returns
  Paul Asquith, Parag A. Pathak, and Jay R. Ritter #10434 (CF, AP)
• Schumpeterian Profits in the American Economy: Theory and Management
  William D. Nordhaus #10433 (EFG, P)
• Hierarchies, Specialization, and the Utilization of Knowledge: Theory and Evidence from the Legal Services Industry
  Luis Garicano and Thomas N. Hubbard #10432 (IO)
• The Yield Curve, Recessions and the Credibility of the Monetary Regime: Long Run Evidence 1875-1997
  Michael D. Bordo and Joseph G. Haubrich #10431 (DAE, ME)

Week of April 5, 2004

• Fiscal Policy in the Aftermath of 9/11
  Martin Eichenbaum and Jonas Fisher #10430 (EFG, ME, PE)
• Competition in Imperfect Markets? Does it Help California's Medicaid Mothers?
  Anna Aizer, Janet Currie, and Enrico Moretti #10429 (HE, IO, PE, C)
• Quantile Regression under Misspecification, with an Application to the U.S. Wage Structure
  Joshua Angrist, Victor Chernozhukov, and Ivan Fernandez-Val #10428 (LS)
• Hedonic Price Indexes for Personal Computer Operating Systems and Productivity Suites
  Alan G. White, Jaison R. Abel, Ernst R. Berndt, and Cory W. Monroe #10427 (P)
• International Trade and Cultural Identity
  Eckhard Janeba #10426 (ITI)
• Shame and Ostracism: Union Army Deserters Leave Home
  Dora L. Costa and Matthew E. Kahn #10425 (DAE)
• How Much is Post-Acute Care Use Affected by Its Availability?
  Melinda Beeuwkes Buntin, Anita Datar Garten, Susan Paddock, Debra Saliba, Mark Totten, and Jose C. Escarce #10424 (HE)
• The Nobel Memorial Prize for Robert F.Engle
  Francis X. Diebold #10423 (AP)
• Optimal Recursive Refinancing and the Valuation of Mortgage-Backed Securities
  Francis A. Longstaff #10422 (CF, AP)
• Employee Stock Purchase Plan
  Gary V. Engelhardt and Brigitte C. Madrian #10421 (CF, A, LS, PE)
• Backward Stealing and Forward Manipulation in the WTO
  Kyle Bagwell and Robert W. Staiger #10420 (ITI)
• 401(k) Matching Contributions in Company Stock: Costs and Benefits for Firms and Workers
  Jeffrey R. Brown, Nellie Liang, and Scott Weisbenner #10419 (CF, A, LS, PE)
• Corporate Yield Spreads: Default Risk or Liquidity? New Evidence from the Credit-Default Swap Market
  Francis A. Longstaff, Sanjay Mithal, and Eric Neis #10418 (AP)
• Legal Institutions and Financial Development
  Thorsten Beck and Ross Levine #10417 (IFM)
• Benefits and Spillovers of Greater Competition in Europe: A Macroeconomic Assessment
  Tamim Bayoumi, Douglas Laxton, and Paolo Pesenti #10416 (EFG, IFM)
• Phased-In Tax Cuts and Economic Activity
  Christopher L. House and Matthew D. Shapiro #10415 (EFG, PE)
• Home Care Reimbursement, Long-term Care Utilization, and Health Outcomes
  Robin McKnight #10414 (A, HE)
• Conditional Betas
  Tano Santos and Pietro Veronesi #10413 (AP)
• A Rational Model of the Closed-End Fund Discount
  Jonathan Berk and Richard Stanton #10412 (AP)
• Financial Claustrophobia: Asset Pricing in Illiquid Markets
  Francis A. Longstaff #10411 (CF, AP)
• Heterogeneous Investors and their Changing Demand and Supply Schedules for Individual Common Stocks
  Jung-Wook Kim, Jason Lee, and Randall K. Morck #10410 (CF, AP)
• Asymmetric Social Interaction in Economics: Beatriz Gonzalez Lopez-Valcarel Cigarette Smoking Among Young People in the United States
  Jeffrey E. Harris and Beatriz Gonzalez Lopez-Valcarel #10409 (HE)

Week of March 29, 2004

• Does the Market Value R&D Investment by European Firms? Evidence from a Panel of Manufacturing Firms in France, Germany, and Italy
  Bronwyn H. Hall and Raffaele Oriani #10408 (IO, P)
• On the Undesirability of Commodity Taxation Even When Income Taxation is Not Optimal
  Louis Kaplow #10407 (PE)
• New Forecasts of the Equity Premium
  Christopher Polk, Samuel Thompson, and Tuomo Vuolteenaho #10406 (AP)
• Mergers and the Composition of International Commerce
  Volker Nocke and Stephen Yeaple #10405 (ITI)
• Timeliness, Trade and Agglomeration
  James Harrigan and Anthony J. Venables #10404 (ITI)
• Incentives in Corporations: Evidence from the American Whaling Industry
  Eric Hilt #10403 (DAE)
• What Explains the Stock Market's Reaction to Federal Reserve Policy?
  Ben S. Bernanke and Kenneth N. Kuttner #10402 (ME)
• Estimating the Value of a Statistical Life: The Importance of Omitted Variables and Publication Bias
  Orley Ashenfelter and Michael Greenstone #10401 (HE, LS, LE)
• The Institutions of Monetary Policy
  Mervyn King #10400 (EFG, IFM, ME, PE)

Week of March 22, 2004

• Top Wealth Shares in the United States, 1916-2000: Evidence from Estate Tax Returns
  Wojciech Kopczuk and Emmanuel Saez #10399 (EFG, LS, PE)
• Microeconomic Flexibility in Latin America
  Ricardo J. Caballero, Eduardo M.R.A. Engel, and Alejandro Micco #10398 (EFG, LS)
• Agreeing Now to Agree Later: Contracts that Rule Out but do not Rule in
  Oliver Hart and John Moore #10397 (CF)
• The Trilemma in History: Tradeoffs among Exchange Rates, Monetary Policies, and Capital Mobility
  Maurice Obstfeld, Jay C. Shambaugh, and Alan M. Taylor #10396 (DAE, IFM)
• Valuing Assets in Retirement Saving Accounts
  James Poterba #10395 (A, AP, PE)
• Public Debt Management in Brazil
  Francesco Giavazzi and Alessandro Missale #10394 (IFM)
• Monetary Sovereignty, Exchange Rates, and Capital Controls: The Trilemma in the Interwar Period
  Maurice Obstfeld, Jay C. Shambaugh, and Alan M. Taylor #10393 (IFM, ME)
• Rule-of-Thumb Consumers and the Design of Interest Rate Rules
  Jordi Gali, J. David Lopez-Salido, and Javier Valles #10392 (EFG, ME)
• Transparency of Information and Coordination in Economies with Investment
  George-Marios Angeletos and Alessandro Pavan #10391 (EFG)
• Inflation Targeting and Debt: Lessons from Brazil
  Carlo A. Favero and Francesco Giavazzi #10390 (IFM)
• Fiscal Dominance and Inflation Targeting: Lessons from Brazil
  Olivier Blanchard #10389 (EFG, IFM, ME)
• An Empirical Analysis of the Economic Impact of Federal Terrorism Reinsurance
  Jeffrey R. Brown, J. David Cummins, Christopher M. Lewis, and Ran Wei #10388 (PE)
• Business Cycles in Emerging Economies: The Role of Interest Rates
  Pablo A. Neumeyer and Fabrizio Perri #10387 (EFG)
• Consumer Demand for Health Information on the Internet
  M. Kate Bundorf, Laurence Baker, Sara Singer, and Todd Wagner #10386 (HE, P)
• Legislative Representation, Bargaining Power, and the Distribution of Federal Funds: Evidence from the U.S. Senate
  Brian Knight #10385 (PE)
• Tracking the Source of the Decline in GDP Volatility: Analysis of the Automobile
  Valerie A. Ramey and Daniel J. Vine #10384 (EFG)
• Nominal Wage Rigidities in Mexico: Evidence from Social Security Records
  Sara G. Castellanos, Rodrigo García-Verdú, and David S. Kaplan #10383 (LS)
• Employer-Sponsored Disability Insurance: Where are the Gaps in Coverage?
  Helen Levy #10382 (HE, LS, PE)

Week of March 15, 2004

• Mortality Risk and Educational Attainment of Black and White Men
  Li Gan and Guan Gong #10381 (A)
• Business Environment and Firm Entry: Evidence from International Data
  Leora Klapper, Luc Laeven and Raghuram Rajan #10380 (CF)
• A New Micro Model of Exchange Rate Dynamics
  Martin D.D. Evans and Richard K.Lyons #10379 (IFM)
• Inappropriate Pooling of Wealthy and Poor Countries in Empirical FDI Studies
  Bruce A. Blonigen and Miao Wang #10378 (IO)
• Transaction Prices and Managed Care Discounting for Selected Medical Technologies: A Bargaining Approach
  Avi Dor, Michael Grossman, and Siran M. Koroukian #10377 (HE)
• From "Hindu Growth" to Productivity Surge: The Mystery of the Indian Growth Transition
  Dani Rodrik and Arvind Subramanian #10376 (EFG, IFM)
• Government Gains from Self-Restraint: A Bargaining Theory of Inefficient Redistribution
  Allan Drazen and Nuno Limao #10375 (EFG, PE)
• Pay or Pray? The Impact of Charitable Subsidies on Religious Attendance
  Jonathan Gruber #10374 (PE)
• A Meta-Analysis of the Effect of Common Currencies on International Trade
  Andrew W. Rose #10373 (IFM, ITI)
• Dynamic Portfolio Selection by Augmenting the Asset Space
  Michael W. Brandt and Pedro Santa-Clara #10372 (AP)
• Inequality, Technology, and the Social Contract
  Roland Benabou #10371 (EFG, PE)
• Do College Instructors Matter? The Effects of Adjuncts and Graduate Assistants on Students' Interests and Success
  Eric Bettinger and Bridget Terry Long #10370 (ED)
• Shape Up or Ship Out: The Effects of Remediation on Students at Four-Year Colleges
  Eric Bettinger and Bridget Terry Long #10369 (ED)
• Three Strikes and You're Out: Reply to Cooper and Willis
  Ricardo J. Caballero and Eduardo M.R.A. Engel #10368 (EFG, LS)

Week of March 8, 2004

• The Effect of Structural Reforms on Productivity and Profitability Enhancing Reallocation: Evidence from Colombia
  Marcela Eslave, John Haltiwanger, Adriana Kugler, and Maurice Kugler #10367 (EFG, P)
• Would the Elimination of Affirmative Action Affect Highly Qualified Minority Applicants? Evidence from California and Texas
  David Card, and Alan B. Krueger #10366 (C, Ed, LS, PE)
• The Impact of Nearly Universal Insurance Coverage on Health Care Utilization and Health: Evidence from Medicare
  David Card, Carlos Dobkin, and Nicole Maestas #10365 (HC)
• Labor Productivity in Britain and America During the Nineteenth Century
  Stephen N. Broadberry and Douglas A. Irwin #10364 (DAE, ITI)
• The Dynamics of Seller Reputation: Theory and Evidence from eBay
  Luis Cabral and Ali Hortacsu #10363 (IO)
• Monetary and Fiscal Policy Switching
  Troy Davig, Eric M. Leeper, and Hess Chung #10362 (EFG)
• Subjective Outcomes in Economics
  Daniel S. Hamermesh #10361 (LS)
• Productivity Growth and Disinflation in Chile
  Jose De Gregorio #10360 (IFM)

Week of March 1, 2004

• Interpreting the Predictions of Prediction Markets
  Charles F. Manski #10359
• The Effect of Financial Development on Convergence: Theory and Evidence
  Philippe Aghion, Peter Howitt, and David Mayer-Foulkes #10358 (EFG)
• Tax Policy and Education Policy: Collision or Coordination? A Case Study of the 529 and Coverdell Saving Incentives
  Susan M. Dynarski #10357 (ED, PE, C)
• How Well Can the New Open Economy Macroeconomics Explain the Exchange Rate and Current Account?
  Paul R. Bergin #10356 (IFM)
• Equity Style Returns and Institutional Investor Flows
  Kenneth A. Froot and Melvyn Teo #10355 (AP)
• Interest Rates and Backward-Bending Investment
  Raj Chetty #10354 (EFG, ME, PE)
• Port Efficiency, Maritime Transport Costs, and Bilateral Trade
  Ximena Clark, David Dollar, and Alejandro Micco #10353 (ITI)
• Fibonacci and the Financial Revolution
  William N. Goetzmann #10352 (AP)
• Business Cycle Accounting
  V.V. Chari, Patrick J. Kehoe, and Ellen R. McGrattan #10351 (EFG)
• Co-Worker Complementarity and the Stability of Top Management Teams
  Rachel M. Hayes, Paul Oyer and Scott Schaefer #10350 (LS, LE)
• Do Foreign Students Crowd Out Native Students from Graduate Programs?
  George J. Borjas #10349 (ED, LS)
• Transaction Structures in the Developing World
  Josh Lerner and Antoinette Schoar #10348 (CF)
• On the Distributional Consequences of Child Labor Legislation
  Dirk Krueger and Jessica Tjornhom Donohue #10347 (EFG, LS, C)
• Technological Innovations and Endogenous Changes in U.S. Legal Institutions, 1790-1920
  B. Zorina Khan #10346 (DAE, LE)
• Time-Inconsistency and Welfare
  Jay Bhattacharya and Darius Lakdawalla #10345 (HE)
• Dissecting Trade: Firms, Industries, and Export Destinations
  Jonathan Eaton, Samuel Kortum, and Francis Kramarz #10344 (IFM, ITI)
• Portfolio Diversification and City Agglomeration
  William N. Goetzmann, Massimo Massa, and Andrei Simonov #10343 (AP)
• The European Union: A Politically Incorrect View
  Alberto Alesina and Roberto Perotti #10342 (EFG, ME, PE)
• Minimum Asset Requirements and Compulsory Liability Insurance As Solutions to the Judgment-Proof Problem
  Steven Shavell #10341 (LE)
• Unlocking Housing Equity in Japan
  Olivia S. Mitchell and John Piggott #10340 (A)
• Who Bears the Burden of Social Insurance?: Evidence from Japanese Health and Long-term Care Insurance Data
  Kohei Komamura and Atsuhiro Yamada #10339 (A, LS, PE)
• What Really Happened to Consumption Inequality in the US?
  Orazio Attanasio, Erich Battistin, and Hidehiko Ichimura #10338 (EFG)
• Capital Controls, Liberalizations, and Foreign Direct Investment
  Mihir A. Desai, C. Fritz Foley, and James R. Hines Jr.#10337 (CF, IFM, ITI)
• A Risk Management Approach to Emerging Market's Sovereign Debt Sustainability with an Application to Brazilian Data
  Marcio Garcia and Roberto Rigobon #10336 (IFM)
• From the Valley to the Summit: The Quiet Revolution that Transformed Women's Work
  Claudia Goldin #10335 (DAE, LS)
• Coordination vs. Differentiation in a Standards War: 56K Modems
  Angelique Augereau, Shane Greenstein, and Marc Rysman #10334 (IO, P)
• Are Policy Platforms Capitalized into Equity Prices? Evidence from the Bush/Gore 2000 Presidential Election
  Brian Knight #10333 (AP, PE)
• The Revived Bretton Woods System: The Effects of Periphery Intervention and Reserve Management on Interest Rates and Exchange Rates in Center Countries
  Michael P. Dooley, David Folkerts-Landau, and Peter Garber #10332 (IFM)
• The Long Road to the Fast Track: Career and Family
  Claudia Goldin #10331 (DAE, LS)
• Empirical Estimates for Environmental Policy Making in a Second-Best Setting
  Sarah E. West and Roberton C. Williams #10330 (PE, ENV)

Week of February 23, 2004

• Good vs. Bad Deflation: Lessons from the Gold Standard Era
  Michael Bordo, John Landon Lane and Angela Redish #10329 (DAE, ME)
• The Expanding Pharmaceutical Arsenal in the War on Cancer
  Frank Lichtenberg #10328 (HC, P)
• Flight to Quality, Flight to Liquidity, and the Pricing of Risk
  Dimitri Vayanos #10327 (AP)
• The Consequences of Rigid Wages in Search Models
  Robert Shimer #10326 (EFG, LS)
• Production Function and Wage Equation Estimation with Heterogeneous Labor: Evidence from a New Matched Employer-Employee Data Set
  Judith K. Hellerstein and David Neumark #10325 (LS, P)
• The Illusion of Sustainability
  Michael Kremer and Edward Miguel #10324 (EFG, HC, PE)
• Market Power vs. Efficiency Effects of Mergers and Research Joint Ventures: Evidence from the Semiconductor Industry
  Ralph Siebert and Klaus Gugler #10323 (IO, P)
• The (Un)Changing Geographical Distribution of Housing Tax Benefits: 1980-2000
  Todd Sinai and Joseph Gyourko #10322 (PE)
• Taxation and Corporate Payout Policy
  James Poterba #10321 (CF, PE)
• Household vs. Personal Accounts of the U.S. Labor Market, 1965-2000
  Casey B. Mulligan and Yona Rubinstein #10320 (LS, PE)
• Surviving the U.S. Import Market: The Role of Product Differentiation
  Tibor Besedes and Thomas J. Prusa #10319 (ITI)
• Is the Invisible Hand Discerning or Insdiscriminate? Investment and Stock Prices in the Aftermath of Capital Account Liberalizations
  Anusha Chari and Peter Blair Henry #10318 (CF, IFM)
• International Trade and Child Labor: Cross-Country Evidence
  Eric Edmonds and Nina Pavcnik #10317 (C, ITI. LS)
• Why Do Americans Work so Much More Than Europeans?
  Edward C. Prescott #10316 (A, EFG, PE)
• Putting Computerized Instruction to the Test: A Randomized Evaluation of a "Scientifically-based Reading Program
  Cecilia Elean Rouse and Alan B. Krueger #10315 (C, Ed)
• Globalization and the Gains from Variety
  Christian Broda and David E. Weinstein #10314 (ITI)
• Ethnic Diversity and Economic Performance
  Alberto Alesina and Eliana La Ferrara #10313 (EFG, PE)
• Opportunities, Race, and Urban Location: The Influence of John Kain
  Edward L. Glaeser, Eric A. Hanushek, and John M. Quigley #10312 (LE, PE)
• Changes in the Disparities in Chronic Disease during the Course of the Twentieth Century
  Robert W. Fogel #10311 (A, DAE, HE)

Week of February 16, 2004

• The Economic Future of Europe
  Olivier Blanchard #10310 (EFG)
• Technology Shocks in the New Keynesian Model
  Peter N. Ireland #10309 (EFG)
• Asbestos and the Future of Mass Torts
  Michelle J. White #10308 (LE)
• Consumption vs. Expenditure
  Mark Aguiar and Erik Hurst #10307 (EFG)
• Rearranging the Family? Income Support and Elderly Living Arrangements in a Low Income Country
  Eric Edmonds, Kristin Mammen, and Douglas L. Miller #10306 (C)

Week of February 9, 2004

• Personal Accounts and Family Retirement
  Alan L. Gustman and Thomas L. Steinmeier #10305 (A, LS, PE)
• Does "Aggregation Bias" Explain the PPP Puzzle?
  Shiu-Sheng Chen and Charles Engel #10304 (ITI)
• Robustness of Productivity Estimates
  Johannes Van Biesebroeck #10303 (P)
• The Economics of Latin American Art: Creativity Patterns and Rates of Return
  Sebastian Edwards #10302 (AP)
• Did Dividends Increase Immediately After the 2003 Reduction in Tax Rates?
  Jennifer L. Blouin, Jana Smith-Raedy, and Douglas A. Shackelford #10301 (PE)
• Market Integration and Economic Development: A Long-run Comparison
  Wolfgang Keller and Carol H. Shiue #10300 (ITI, P)
• The Best of Times, the Worst of Times: Health and Nutrition in Pre-Columbian America
  Richard H. Steckel #10299 (DAE)
• Interest Rates and Initial Public Offerings
  Boyan Jovanovic and Peter L. Rousseau #10298 (CF, EFG, ME)

Week of February 2, 2004 

• Dynamics of Labor Demand: Evidence from Plant-level Observations and Aggregate Implications
  Russell W. Cooper, John C. Haltiwanger, and Jonathan Willis #10297 (EFG, LS, P)
• Serial Default and the "Paradox" of Rich to Poor Capital Flows
  Carmen M. Reinhart and Kenneth S. Rogoff #10296 (EFG, IFM)
• How Do Banks Set Interest Rates?
  Leonardo Gambacorta #10295 (ME)
• Aggregate Supply and Potential Output
  Assaf Razin #10294 (IFM, ME)
• The Positive Link Between Financial Liberalization, Growth and Crises
  Aaron Tornell, Frank Westermann, and Lorenza Martinez #10293 (IFM)
• Subsidy Agreements
  Kyle Bagwell and Robert W. Staiger #10292 (ITI)
• How Much Equity Does the Government Hold?
  Alan J. Auerbach #10291 (CF, PE)
• Monetary and Fiscal Remedies for Deflation
  Alan J. Auerbach and Maurice Obstfeld #10290 (EFG, IFM, ME, PE)
• NAFTA and Mexico's Less-Than-Stellar Performance
  Aaron Tornell, Frank Westermann, and Lorenza Martinez #10289 (IFM)
• Legal Regime and Business's Organizational Choice
  Naomi R. Lamoreaux and Jean-Laurent Rosenthal #10288 (DAE)
• Mandatory Unbundling and Irreversible Investment in Telecom Networks
  Robert S. Pindyck #10287 (IO)
• Self-Employment: More may not be better
  David G. Blanchflower #10286 (LS)
• ENTICE-BR: The Effects of Backstop Technology R&D on Climate Policy Models
  David Popp #10285 (P)

Week of January 26, 2004 

• Capital Controls: Mud in the Wheels of Market Discipline
  Kristin J. Forbes #10284 (IFM)
• Equilibrium Policy Experiments and the Evaluation of Social Programs
  Jeremy Lise, Shannon Seitz, and Jeffrey Smith #10283 (LS, PE)
• Social Security and Unsecured Debt
  Erik Hurst and Paul Willen #10282 (AP, PE)
• The Demand for Sons: Evidence from Divorce, Fertility, and Shotgun Marriage
  Gordon B. Dahl and Enrico Moretti #10281 (LS,C)
• Monetary Policy and the Volatility of Real Exchange Rates in New Zealand
  Kenneth D. West #10280 (IFM, ME)
• Cross-country Conversion Factors for Sectoral Productivity Comparisons
  Johannes Van Biesebroeck #10279 (P)
• Demand Estimation with Heterogeneous Consumers and Unobserved Product Characteristics: A Hedonic Approach
  C. Lanier Benkard and Patrick Bajari #10278 (IO)
• Financial Openness, Sudden Stops and Current Account Reversals
  Sebastian Edwards #10277 (IFM)
• Thirty Years of Current Account Imbalances, Current Account Reversals and Sudden Stops
  Sebastian Edwards #10276 (IFM)
• Tax-Motivated Trading by Individual Investors
  Zoran Ivkovich, James Poterba, and Scott Weisbenner #10275 (PE)
• Single Mothers Working at Night: Standard Work, Child Care Subsidies, and Implications for Welfare Reform
  Erdal Tekin #10274 (LS,PE)
• Reported Incomes and Marginal Tax Rates, 1960-2000: Evidence and Policy Implications
  Emmanuel Saez #10273 (PE)
• Chaotic Interest Rate Rules: Expanded Version
  Jess Benhabib, Stephanie Schmitt-Grohe, and Martin Uribe #10272 (EFG, ME)
• Does Copyright Piracy Pay? The Effects of U.S. International Copyright Laws on the Market for Books, 1790-1920
  B. Zorina Khan #10271 (DAE, LE, P)
• The Declining Equity Premium: What Role Does Macroeconomic Risk Play?
  Martin Lettau, Sydney C. Ludvigson, and Jessica A. Wachter #10270 (AP)
• Does Competition Destroy Ethical Behavior?
  Andrei Shleifer #10269 (CF, IO, LS, LE)
• Deflation and Depression: Is There an Empirical Link?
  Andrew Atkeson and Patrick Kehoe #10268 (EFG, ME)
• Accounting for Exchange Rate Variability in Present-Value Models When the Discount Factor is Near One
  Charles Engel and Kenneth D. West #10267 (IFM,AP)
• Life-Cycle Consumption and the Age-Adjusted Value of Life
  Thomas J. Kniesner, W. Kip Viscusi and James P. Ziliak #10266 (HE, LE)
• Does Illiquidity Alter Child Labor and Schooling Decisions? Evidence from Household Responses to Anticipated Cash Transfers in South Africa
  Eric V. Edmonds #10265 (C)
• Investor Behavior in the Option Market
  Josef Lakonishok, Inmoo Lee, and Allen M. Poteshman #10264 (AP)
• Inflation Illusion and Stock Prices
  John Y. Campbell and Tuomo Vuolteenaho #10263 (EFG, ME, AP)
• What do Aggregate Consumption Euler Equations Say about the Capital Income Tax Burden?
  Casey B. Mulligan #10262 (EFG, PE)
• Deep Habits
  Morten Ravn, Stephanie Schmitt-Grohe, and Martin Uribe #10261 (EFG, IO)
• Are Americans Saving "Optimally" for Retirement?
  John Karl Scholz, Ananth Seshadri, and Surachai Khitatrakun #10260 (A, PE)
• Why Are Most Funds Open-End? Competition and the Limits of Arbitrage
  Jeremy C. Stein #10259 (CF, AP)
• R&D Investments with Competitive Interactions
  Kristian R. Miltersen and Eduardo S. Schwartz #10258 (IO, P, AP)
• Is here a Retirement-Consumption Puzzle? Evidence Using Subjective Retirement Expectations
  Steven J. Haider and Melvin Stephens Jr. #10257 (EFG, A, LS)
• Market Culture: How Norms Governing Exploding Offers Affect Market Performance
  Muriel Niederle and Alvin E. Roth #10256 (IO, LS)

Week of January 19, 2004

• A Monte Carlo Study of Growth Regressions
  William R. Hauk, Jr. and Romain Wacziarg #T0296 (TWP)
• The Great Depression and the Friedman-Schwartz Hypothesis
  Lawrence J. Christiano, Roberto Motto, and Massimo Rostagno #10255 (EFG, ME)
• The Response of Hours to a Technology Stock: Evidence Based on Direct Measures of Technology
  Lawrence J. Christiano, Martin Eichenbaum, and Robert Vigfusson #10254 (EFG)
• Optimal Simple and Implementable Monetary and Fiscal Rules
  Stephanie Schmitt-Grohe and Martin Uribe #10253 (ME)
• A Search for Multiple Equilibria in Urban Industrial Structure
  Donald R. Davis and David E. Weinstein #10252 (IO, PE)
• Air Pollution and Infant Health: What Can We Learn From California's Recent Experience?
  Janet Currie and Matthew Neidell #10251(ENV, HE, C)
• Tight Clothing: How the MFA Affects Asian Apparel Exports
  Carolyn L. Evans and James Harrigan #10250 (ITI)
• National Sovereignty in an Interdependent World
  Kyle Bagwell and Robert W. Staiger #10249 (ITI)
• Persuasion in Politics
  Kevin Murphy and Andrei Shleifer #10248 (EFG)
• How Well Do Parents With Young Children Combine Work and Family Life?
  Christopher J. Ruhm #10247 (C)
• Financial Development and the Instability Of Open Economies
  Philippe Aghion, Philippe Bacchetta and Abhijit Banerjee #10246(EFG, IFM)
• A Scapegoat Model of Exchange Rate Fluctuations
  Philippe Bacchetta and Eric van Wincoop #10245(IFM)
• Fooling Ourselves: Evaluating the Globalization and Growth Debate
  James Levinsohn and Juan Carlos Hallak #10244 (ITI)
• The Labor Market Effects of the 1960s Riots
  William J. Collins and Robert A. Margo #10243 (DAE, LS)
• How Financial Aid Affects Persistence
  Eric Bettinger #10242 (ED)
• Bureaucrats or Politicians?
  Alberto Alesina and Guido Tabellini #10241 (EFG, PE)
• Incentives vs. Control: An Analysis of U.S. Dual-Class Companies
  Paul A. Gompers, Joy Ishii, and Andrew Metrick #10240 (CF, AP)
• Is it is or is it Ain't my Obligation? Regional Debt in Monetary Unions
  Russell Cooper, Hubert Kempf, and Dan Peled #10239 (EFG)
• Investment Prices and Exchange Rates: Some Basic Facts
  Ariel Burstein, Joao C. Neves and Sergio Rebelo #10238 (EFG, IFM)
• Knowledge Management, Innovation and Productivity: A Firm Level Exploration Based on French Manufacturing CIS3 Data
  Elizabeth Kremp and Jacques Mairesse #10237 (P)
• Financial Development and Growth in the Short and Long Run
  Raymond Fisman and Inessa Love #10236 (CF, EFG)
• The Geography of Stock Market Participation: The Influence of Communities and Local Firms
  Jeffrey R. Brown, Zoran Ivkovich, Paul A. Smith and Scott J. Weisbenner #10235 (AP, PE)
• Population and Regulation
  Casey B. Mulligan and Andrei Shleifer #10234 (EFG, IO, PE)
• Market Reactions to Export Subsidies
  Mihir A. Desai and James R. Hines Jr. #10233 (ITI, AP, PE)
• On the Desirability of Fiscal Constraints in a Monetary Union
  V.V. Chari and Patrick J. Kehoe #10232 (EFG, IFM)
• Efficiency with Endogenous Population Growth
  Mikhail Golosov, Larry E. Jones, and Michele Tertilt #10231 (EFG)
• Helping the Poor to Help Themselves: Debt Relief or Aid
  Serkan Arslanalp and Peter Blair Henry #10230 (IFM)
• Some Simple Analytics of School Quality
  Eric A. Hanushek #10229 (ED, LS, PE, C)

Week of January 5, 2004

• Optimal Integration Strategies for the Multinational Firm
  James J. Choi, David Laibson, Brigitte C. Madrian, and Andrew Metrick #10228 (AP)
• What Happens When Child Care Inspections and Complaints Are Made Available on the Internet?
  Ann Dryden Witte and Magaly Queralt #10227 (C)
• Interpersonal Effects in Consumption: Evidence from the Automobile Purchases of Neighbors
  Mark Grinblatt, Matti Keloharju, and Seppo Ikaheimo #10226 (AP)
• World Markets for Raising New Capital
  Brian J. Henderson and Michael S. Weisbach #10225 (CF, IFM)
• Private Benefits and Cross-Listings in the United States
  Evangelos Benos and Michael S. Weisbach #10224 (CF)
• The New New Financial Thing: The Sources of Innovation Before and After State Street
  Josh Lerner #10223 (CF, P)
• Why Do Some Firms Give Stock Options to All Employees?: An Empirical Examination of Alternative Theories
  Paul Oyer and Scott Schaefer #10222 (CF, LS, LE)
• Compensating Employees Below the Executive Ranks: A Comparison of Options, Restricted Stock, and Cash
  Paul Oyer and Scott Schaefer #10221 (CF, LS, LE)
• Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregessive (FAVAR) Approach
  Ben S. Bernanke, Jean Boivin, and Piotr Eliasz #10220 (ME)
• How Large are the Classification Errors in the Social Security Disability Award Process?
  Hugo Benitez-Silva, Moshe Buchinsky, and John Rust #10119 (A, LS, PE)
• Aggregate Short Interest and Market Valuations
  Owen A. Lamont and Jeremy C. Stein #10218 (AP)
• Is Debt Relief Efficient?
  Serkan Arslanalp and Peter Blair Henry #10217 (IFM)
• The Absent-Minded Consumer
  John Ameriks, Andrew Caplin, and John Leahy #10216 (EFG)
• The Effect of Job Security Regulations on Labor Market Flexibility: Evidence from the Colombian Labor Market Reform
  Adriana Kugler #10215 (LS)
• Family Cap Provisions and Changes in Births and Adoptions
  Ted Joyce, Robert Kaestner, Sanders Korenman, and Stanley Henshaw #10214 (HE, PE, C)
• A Portrait of the Artist as a Young or Old Innovator: Measuring the Careers of Modern Novelists
  David W. Galenson #10213 (LS)
• Innovation and Diffusion
  Bronwyn H. Hall #10212 (P)
• Consumption Commitments, Unemployment Durations, and Local Risk Aversion
  Raj Chetty #10211 (EFG, LS, AP, PE)
• Robust Aggregate Implications of Stochastic Discount Factor Volatility
  Casey B. Mulligan #10210 (EFG, AP)
• Physical and Human Capital Deepening and New Trade Patterns in Japan
  Keiko Ito and Kyoji Fukao #10209 (ITI)
• Exporting and Performance of Plants: Evidence from Korean Manufacturing
  Chin Hee Hahn #10208 (ITI)
• Does the WTO Make Trade More Stable?
  Andrew K. Rose #10207 (ITI)
• Does the Length of Maternity Leave Affect Maternal Health?
  Pinka Chatterji and Sara Markowitz #10206 (HE)
• Foreign Lobbies and US Trade Policy
  Kishore Gawande, Pravin Krishna, and Michael J. Robbins #10205 (ITI)
• Managed Care, Drug Benefits and Mortality: An Analysis of the Elderly
  Gautam Gowrisankaran and Robert J. Town #10204 (HE)

---

2003

Week of December 29, 2003

• Psychology and the Market
  Edward L. Glaeser  #10203 (LE, AP, PE)
• Benchmarking the Returns to Venture
  Robert E. Hall and Susan E. Woodward #10202 (AP)
• The Dynamics of Work and Debt
  Jeffrey R. Campbell and Zvi Hercowitz #10201 (EFG)
• Wealth Destruction on a Massive Scale? A Study of Acquiring-Firm Returns in the Recent Merger Wave
  Sara B. Moeller, Frederik P. Schlingemann, and Rene M. Stulz #10200 (CF, AP)
• Age Variation in Workers' Value of Statistical Life
  Joseph E. Aldy and W. Kip Viscusi #10199 (HE, LS, LE)
• Ownership and Control in Outsourcing to China: Estimating the Property-Rights Theory of the Firm
  Robert C. Feenstra and Gordon H. Hanson #10198 (ITI)
• Should Exact Index Numbers Have Standard Errors? Theory and Application to Asian Growth
  Robert C. Feenstra and Marshall B. Reinsdorf #10197 (ITI)

Week of December 22, 2003

• Optimal Policy with Low-Probability Extreme Events
  Lars E.O. Svensson #10196 (IFM, ME)
• Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others
  Lars E.O. Svensson #10195 (IFM, ME)
• Small Noise Asymptotics for a Stochastic Growth Model
  Noah Williams #10194 (EFG)
• Varieties of Currency Crises
  Graciela L. Kaminsky #10193 (IFM)
• Internal and External Labor Markets: A Personnel Economics Approach
  Edward P. Lazear and Paul Oyer #10192 (LS)
• The Rise of the Skilled City
  Edward L. Glaeser and Albert Saiz #10191 (EFG)
• Why Firms Adopt Antitakeover Arrangements
  Lucian Arye Bebchuk #10190 (CF, LE)

Week of December 15, 2003 

• Optimal Integration Strategies for the Multinational Firm
  Gene M. Grossman, Elhanan Helpman, and Adam Szeidl #10189 (ITI)
• Do Firms in Countries with Poor Protection of Investor Rights Hold More Cash?
  Lee Pinkowitz, Rene M. Stulz, and Rohan Williamson #10188 (CF)
• Menu Costs and Phillips Curves
  Mikhail Golosov and Robert E. Lucas #10187 (EFG)
• Stressed Out on Four Continents: Time Crunch or Yuppie Kvetch?
  Daniel S. Hamermesh and Jungmin Lee #10186 (LS)
• What You Don't Know Can't Help You: Pension Knowledge and Retirement Decision Making
  Sewin Chan and Ann Huff Stevens #10185 (A, LS)
• Risk Management, Capital Budgeting and Capital Structure Policy for Insurers and Reinsurers
  Kenneth A. Froot #10184 (CF, AP)
• The Invention of Inflation-Indexed Bonds in Early America
  Robert J. Shiller #10183 (EFG, DAE, ME)
• The Size and Composition of Wealth Holdings in the United States, Italy, and the Netherlands
  Arie Kapteyn and Constantijn Panis #10182 (A, PE)
• Assessing the Benefits to Developing Countries of Liberalization in Services Trade
  John Whalley #10181 (ITI)
• Choosing Between Peace and War
  Herschel I. Grossman #10180 (EFG)
• Assessing, Managing, and Financing Extreme Events: Dealing with Terrorism
  Howard Kunreuther, Erwann Michel-Kerjan, and Beverly Porter #10179 (PE)
• WTO Dispute Settlements in East Asia
  Dukgeun Ahn #10178 (ITI)
• Motivating Employee-Owners in ESOP Firms: Human Resource Policies and Company Performance
  Douglas Kruse, Richard Freeman, Joseph Blasi, Robert Buchele, Adria Scharf, Loren Rodgers, and Chris Mackin #10177 (LS)
• How Do Electoral Rules Shape Part Structures, Government Coalitions, and Economic Policies?
  Torsten Persson, Gerard Roland, and Guido Tabellini #10176 (PE)
• Bargaining in the Shadow of the Law: Divorce Laws and Family Distress
  Betsey Stevenson and Justin Wolfers #10175 (LS, LE)
• Wages Equal Productivity: Fact or Fiction?
  Johannes Van Biesebroeck #10174 (LS, P)
• The Impacts of an East Asia FTA on Foreign Trade in East Asia
  Shujiro Urata and Kozo Kiyota #10173 (ITI)

Week of December 8, 2003

• he Effects of Financial Crises on International Trade
  Zihui Ma and Leonard Cheng #10172 (IFM, ITI)
• Gold, Fiat Money and Price Stability
  Michael D. Bordo, Robert D. Dittmar, and William T. Gavin #10171 (DAE, ME)
• Consequences of Constitutions
  Torsten Persson #10170 (PE)
• International R&D Deployment and Locational Advantage: A Case Study of Taiwan
  Meng-Chun Liu and Shin-Horng Chen #10169 (ITI)
• Competitive Liberalization and a US-SACU FTA
  John Whalley and J. Clark Leith #10168 (ITI)
• The Formation of International Production and Distribution Networks in East Asia
  Mitsuyo Ando and Fukinari Kimura #10167 (ITI)
• Reinventing Boston: 1640-2003
  Edward L. Glaeser #10166 (DAE)
• Institutions, Capital Constraints and Entrepreneurial Firm Dynamics: Evidence from Europe
  Mihir Desai, Paul Gompers, and Josh Lerner #10165 (CF)
• Does Human Capital Transfer from Parent to Child? The Intergenerational Effects of Compulsory Schooling
  Philip Oreopoulos, Marianne E. Page, and Ann Huff Stevens #10164 (ED, LS, C)
• Helicopter Money: Irredeemable Fiat Money and the Liquidity Trap
  Willem H. Buiter #10163 (EFG, ME)
• Remedies for Price Overcharges: The Deadweight Loss of Coupons and Discounts
  A. Mitchell Polinsky and Daniel L. Rubinfeld #10162 (LE)
• Choosing the Federal Reserve Chair: Lessons From History
  Christina D. Romer and David H. Romer #10161 (ME)
• The Trade and Investment Effects of Preferential Trading Arrangements
  Philippa Dee and Jyothi Gali #10160 (ITI)
• The Effects of Extending Intellectual Property Rights Protection to Developing Countries: A Case Study of the Indian Pharmaceutical Market
  Shubham Chaudhuri, Pinelopi K. Goldberg, and Panle Jia #10159 (ITI)
• Governance and Bank Valuation
  Gerard Caprio, Luc Laeven, and Ross Levine #10158 (CF, IFM)
• The Risk Tolerance of International Investors
  Kenneth A. Froot and Paul G. J. O'Connell #10157 (CF, IFM, AP)
• The Effects of Overseas Investment on Domestic Employment
  Tain-Jy Chen and Ying-Hua Ku #10156 (ITI)
• Do Dropouts Drop Out Too Soon: International Evidence From Changes in School-Leaving Laws
  Philip Oreopoulos #10155 (ED, LS, C)
• Common Sense and Simplicity in Empirical Industrial Organization
  Ariel Pakes #10154 (IO)
• The Character and Determinants of Corporate Capital Gains
  Mihir Desai and William M. Gentry #10153 (CF, PE)
• Trade Liberalization and Growth: New Evidence
  Romain Wacziarg and Karen Horn Welch #10152 (EFG, ITI)
• Commitment Vs. Flexibility
  Manuel Amador, Ivan Werning, and George-Marios Angeletos #10151 (EFG)

Week of December 1, 2003

• Corporate Earnings Track the Competitive Benchmark
  Robert E. Hall #10150 (EFG, P, AP)
• Optimal Fiscal and Monetary Policy Under Imperfect Competition
  Stephanie Schmitt-Grohe and Martin Uribe #10149 (EFG, ME)
• The Effect of Word of Mouth on Sales: Online Book Reviews
  Judith A. Chevalier and Dina Mayzlin #10148 (IO)
• International Determinants of Religiosity
  Robert Barro and Rachel M. McCleary #10147 (EFG)
• Estimating Models of On-the-Job Search Using Record Statistics
  Gadi Barlevy #10146 (EFG, LS)
• Which Countries Export FDI, and How Much?
  Assaf Razin, Yona Rubenstein, and Efraim Sadka #10145 (IFM, ITI)
• Endogenous Financial Openness: Efficiency and Political Economy Considerations
  Joshua Aizenman and Ilan Noy #10144 (IFM, ITI)
• Liberalization in China's Key Service Sectors Following WTO Accession: Some Scenarios and Issues of Measurement
  John Whalley #10143 (ITI)
• Agents of Embeddedness
  Pierre Azoulay #10142 (P)
• Weather Forecasting for Weather Derivatives
  Sean D. Campbell and Francis X. Diebold #10141 (AP)
• The Two-Part Instrument in a Second-Best World
  Don Fullerton and Ann Wolverton #10140 (PE)
• A Simulation-Based Welfare Loss Calculation for Labor Taxes with Piecewise-Linear Budgets
  Don Fullerton and Li Gan #10139 (PE)
• Regeneration, Labour Supply and the Welfare Costs of Taxes
  Edgar Cudmore and John Whalley #10138 (PE)
• The Use of Literature Based Elasticity Estimates in Calibrated Models of Trade-Wage Decompositons: A Calibmetric Approach
  Hui Huang and John Whalley #10137 (ITI)
• Kleptocracy and Divide-and-Rule: A Model of Personal Rule
  Daron Acemoglu, James A. Robinson, and Thierry Verdier #10136 (EFG)
• Competitive Risk Sharing Contracts with One-Sided Commitment
  Dirk Krueger and Harald Uhlig #10135 (EFG)
• Does Child Labor Decline with Improving Economic Status?
  Eric V. Edmonds #10134 (C)
• Entrant Experience and Plant Exit
  Timothy Dunne, Shawn D. Klimek, and Mark J. Roberts #10133 (P)
• Aggregate Consequences of Limited Contract Enforceability
  Thomas Cooley, Ramon Marimon, and Vincenzo Quadrini #10132 (EFG)
• The Price is (Almost) Right
  Randolph B. Cohen, Christopher Polk, and Tuomo Vuolteenaho #10131 (AP)
• Have National Business Cycles Become More Synchronized?
  Michael D. Bordo and Thomas Helbling #10130 (EFG, IFM)
• Law and Employment: Lessons from Latin America and the Caribbean
  James Heckman and Carmen Pagés #10129 (LE, LS)
• External Constriants on Monetary Policy and the Financial Accelerator
  Mark Gertler, Simon Gilchrist, and Fabio Natalucci #10128 (EFG, IFM, ME)
• Health Plan Conversions: Are They in the Public Interest?
  Nancy Dean Beaulieu #10127 (HE)
• Legal Institutions and Financial Development
  Thorsten Beck and Ross Levine #10126 (CF, LE)
• International Lending of Last Resort and Moral Hazard: A Model of IMF's Catalytic Finance
  Giancarlo Corsetti, Bernardo Guimaraes, and Nouriel Roubini #10125 (IFM)

Week of November 17, 2003

• Why is Manhattan So Expensive? Regulation and the Rise in House Prices
  Edward L. Glaeser, Joseph Gyourko, and Raven Saks #10124 (EFG, AP)
• The LM Curve: A Not-So-Fond Farewell
  Benjamin M. Friedman #10123 (ME)
• The Timing of Births: Is the Health of Infants Counter-Cyclical?
  Rajeev Dehejia and Adriana-Lleras-Muney #10122 (HE, C)
• What Mean Impacts Miss: Distributional Effects of Welfare Reform Experiments
  Marianne Bitler, Jonah Gelbach, and Hilary Hoynes #10121 (LS, PE)
• Behavioral Decision-Making: An Application to the Setting of Magazine Subscription Prices
  Fiona Scott Morton and Sharon Oster #10120 (IO)
• Pareto Efficient Income Taxation with Stochastic Abilities
  Marco Battagnali and Stephen Coate #10119 (PE)
• The Central Role of Noise in Evaluating Interventions that Use Test Scores to Rank Schools
  Kenneth Y. Chay, Patrick J. McEwan, and Miguel Urquiola #10118 (ED, LS)
• A Multiple Indicators Model for Volatility Using Intra-Daily Data
  Robert F. Engle and Giampiero M. Gallo #10117 (AP)
• Two Trees: Asset Price Dynamics Induced by Market Clearing
  John H. Cochrane, Francis A. Longstaff, and Pedro Santa-Clara #10116 (AP)
• Cross-Border Valuation: The International Cost of Equity Capital
  Gordon M. Bodnar, Bernard Dumas, and Richard D. Marston #10115 (IFM, AP)
• Patents and R&D as Real Options
  Eduardo S. Schwartz #10114 (P, AP)
• The Effect of School Choice on Student Outcomes: Evidence from Randomized Lotteries
  Julie Berry Cullen, Brian A. Jacob, and Steven D. Levitt #10113 (ED, PE, C)
• Financial Aid and Students' College Decisions: Evidence from the District of Columbia's Tuition Assistance Grant Program
  Katharine Abraham and Melissa A. Clark #10112 (CF, LS, PE)

Week of November 10, 2003

• A Tale of Two Time Scales: Determining Integrated Volatility with Noisy High Frequency Data
  Lan Zhang, Per A. Mykland, and Yacine Ait-Sahalia #10111 (AP)
• Cross-Border Tax Externalities: Are Budget Deficits Too Small?
  Willem H. Buiter and Anne C. Sibert #10110 (IFM, ME, PE)
• The Optimal Degree of Discretion in Monetary Policy
  Susan Athey, Andrew Atkeson, and Patrick J. Kehoe #10109 (EFG, ME)
• The Market for American State Government Bonds in Britain and the United States, 1830-1843
  Namsuk Kim and John Joseph Wallis #10108 (DAE)
• Generalized Disappointment Aversion and Asset Prices
  Bryan R. Routledge and Stanley E. Zin #10107 (AP)
• Firm Location and the Creation and Utilization of Human Capital
  Andres Almazan, Adolfo de Motta, and Sheridan Titman #10106 CF, LS)
• Nonparametric Tests for Common Values at First-Price Sealed-Bid Auctions
  Philip A. Haile, Han Hong, and Matthew Shum #10105 (IO)
• Categorical Redistribution in Winner-Take-All Markets
  Roland G. Fryer and Glenn C. Loury #10104 (LS)
• Color-Blind Affirmative Action
  Roland G. Fryer, Jr., Glenn C. Loury, and Tolga Yuret #10103 LS)
• Self Enforcing Voting in International Organizations
  Giovanni Maggi and Massimo Morelli #10102 (ITI)
• Stakeholders, Transparency and Capital Structure
  Andres Almazan, Javier Suarez, and Sheridan Titman #10101 (CF)
  The Role of Retiree Health Insurance in the Employment Behavior of Older Men
  David M. Blau and Donna B. Gilleskie #10100 (A, HE, LS)
• Optimal Taxation When Consumers Have Endogenous Benchmark Levels of Consumption
  Andrew B. Abel #10099 (EFG, PE)
• Grasshoppers, Ants, and Pre-Retirement Wealth: A Test of Permanent Income
  Erik Hurst #10098 (EFG, A, PE)
• How Do Legal Differences and Learning Affect Financial Contracts?
  Steven N. Kaplan, Frederic Martel, and Per Stromberg #10097 (CF)
• The Developed World's Demographic Transition - The Roles of Capital Flows, Immigration, and Policy
  Hans Fehr, Sabine Jokisch, and Laurence Kotlikoff #10096 (A, IFM, PE)
• Crisis Resolution: Next Steps
  Barry Eichengreen, Kenneth Kletzer, and Ashoka Mody #10095 (IFM)
• On the Writing and the Interpretation of Contracts
  Steven Shavell #10094 (LE)
• Monetary Policies for Developing Countries: The Role of Corruption
  Haizhou Huang and Shang-Jin Wei #10093 (IFM, ME)

Week of November 3, 2003

• Health Insurance Coverage and the Macroeconomy
  John Cawley and Kosali I. Simon #10092 (HE)
• Getting Inside the "Black Box" of Head Start Quality: What Matters and What Doesn't?
  Janet Currie and Matthew Neidell#10091 (ED, C)
• The Environment and Globalization
  Jeffrey A. Frankel #10090 (ENV, IFM, ITI)
• An "Inflation Reports" Report
  Eric Leeper #10089 (EFG, ME)
• Child Labor, Crop Shocks, and Credit Constraints
  Kathleen Beegle, Rajeev Dehejia, and Roberta Gatti #10088 (LS,C)
• Inequality and Trade
  Devashish Mitra and Vitor Trindade #10087 (ITI)
• Does the Failure of the Expectations Hypothesis Matter for Long-Term Investors?
  Antonios Sangvinatsos and Jessica A. Wachter #10086 (AP)
• The Impact on Consumption and Saving of Current and Future Fiscal Policies
  Katherine Grace Carman, Jagadeesh Gokhale, and Laurence J. Kotlikoff #10085 (PE)
• Labor Versus Capital in Trade-Policy Determination: The Role of General-Interest and Special-Interest Politics
  Pushan Dutt and Devashish Mitra #10084 (ITI)
• Acquiring Knowledge Within and Across Firm Boundaries: Evidence from Clinical Development
  Pierre Azoulay #10083 (P)
• Global Sourcing
  Pol Antras and Elhanan Helpman #10082 (IFM, ITI)
• Zvi Griliches' Contribution to the Theory of Human Capital
  Reuben Gronau #10081 (LS)
• How do Regimes Affect Asset Allocation?
  Andrew Ang and Geert Bekaert #10080 (AP)
• A Theory of Factor Allocation and Plant Size
  Thomas J. Holmes and Matthew F. Mitchell #10079 (P)
• Inventories and the Business Cycle: An Equilibrium Analysis of (S, s) Policies
  Aubhik Khan and Julia Thomas #10078 (EFG)
• Determinants of Labor Demand in Columbia: 1976-1996
  Mauricio Cardenas and Raquel Bernal #10077 (LS)
• Economic Insights from Internet Auctions: A Survey
  Patrick Bajari and Ali Hortacsu #10076 (IO)
• Mass Secondary Schooling and the State: The Role of State Compulsion in the High School Movement
  Claudia Goldin and Lawrence Katz #10075 (ED, DAE, LS, C)
• A Prism into the PPP Puzzles: The Micro-foundations of Big Mac Real Exchange Rates
  David C. Parsley and Shang-Jin Wei #10074 (IFM, ITI)

Week of October 27, 2003

• Crises and Growth: A Re-Evaluation
  Romain Ranciere, Aaron Tornell, and Frank Westermann #10073 (IFM)
• The Alternative Minimum Tax and Effective Marginal Tax Rates
  Daniel Feenberg and James Poterba #10072 (PE)
• Liquidity Shortages and Banking Crises
  Douglas W. Diamond and Raghuram G. Rajan #10071 (CF, IFM)
• Money in a Theory of Banking
  Douglas W. Diamond and Raghuram G. Rajan #10070 (CF, ME)
• The Origins of Spatial Interaction
  Wolfgang Keller and Carol H. Shiue #10069 (DAE, ITI)
• Labor Market Discrimination and Racial Differences in Premarket Factors
  Pedro Carneiro, James J. Heckman, and Dimitriy V. Masterov #10068 (LS)
• Globalizing Activities and the Rate of Survival: Panel Data Analysis on Japanese Firms
  Fukunari Kimura and Takamune Fujii #10067 (ITI)
• Why the Apple Doesn't Fall Far: Understanding Intergenerational Transmission of Human Capital
  Sandra E. Black, Paul J. Devereux, and Kjell G. Salvanes #10066 (ED, LS)
• Revisiting Some Productivity Debates
  Johannes Van Biesebroeck #10065 (P)
• Domestic Capital Market Reform and Access to Global Finance: Making Markets Work
  Peter Blair Henry and Peter Lombard Lorentzen #10064 (IFM)
• Consequences and Predictors of New Health Events
  James P. Smith #10063 (AP)
• Benefit Plan Design and Prescription Drug Utilization Among Asthmatics: Do Patient Copayments Matter?
  William H. Crown, Ernst R. Berndt, Onur Baser, Stan N. Finkelstein, Whitney P. Witt, Jonathan Maguire, and Kenan E. Haver #10062 (ED, PE
• The Unholy Trinity of Financial Contagion
  Graciela L. Kaminsky, Carmen M. Reinhart, and Carlos A. Vegh #10061 (IFM)
• School to Career Programs and Transitions to Employment and Higher Education
  David Neumark and Donna Rothstein #10060 (ED, PE)
• Efficiency Costs of Meeting Industry-Distributional Constraints under Environmental Permits and Taxes
  A.L. Bovenberg, Lawrence H. Goulder, and Derek J. Gurney #10059 (PE)
• Is Japan's Trade (still) Different?
  James Harrigan and Rohit Vanjani #10058 ITI)
• A Normal Country
  Andrei Shleifer and Daniel Treisman #10057 (EFG)
• The Demand for Coordination
  Wouter Dessein and Tano Santos #10056 (LS)
• Small Farms, Externalities, and the Dust Bowl of the 1930's
  Zeynep K. Hansen and Gary D. Libecap #10055 (DAE)

Week of October 20, 2003

• The Role of Randomized Field Trials in Social Science Research: A Perspective from Evlauations of Reforms of Social Welfare Programs
  Robert W. Moffitt #T0295 (TWP)
• Corporate Earnings and the Equity Premium
  Francis Longstaff and Monika Piazzesi #10054 (AP)
• Air Quality, Infant Mortality, and the Clean Air Act of 1970
  Kenneth Y. Chay and Michael Greenstone #10053 (ED, HE, PE)
• Heterogeneity and the FDI versus Export Decision of Japanese Manufacturers
  Keith Head and John Ries #10052 (ITI)
• Winners and Losers of Tax Competition in the European Union
  Enrique G. Mendoza and Linda L. Tesar #10051 (IFM)
• Growth Strategies
  Dani Rodrik #10050 (EFG, IFM, ITI)
• Product Substitutability and Productivity Dispersion
  Chad Syverson #10049 (P)
• Forecasting the Term Structure of Government Bond Yields
  Francis X. Diebold and Canlin Li #10048 (AP)
• The Chinese Economies in Global Context: The Integration Process and Its Determinants
  Yin-Wong Cheung, Menzie D. Chinn, and Eiji Fujii #10047 (IFM)
• Marijuana and Crime: Is There a Connection Beyond Prohibition?
  Rosalie Liccardo Pacula and Beau Kilmer #10046 (HE, C)
• Illicit Drug Use and Educational Attainment
  Pinka Chatterji #10045 (ED, HE)
• Tax Bases, Tax Rates and the Elasticity of Reported Income
  Wojciech Kopczuk #10044 (PE)
• Unemployment Insurance Tax Burdens and Benefits: Funding Family Leave and Reforming the Payroll Tax
  Patricia M. Anderson and Bruce D. Meyer #10043 (LS, PE)
• How to Discount Cashflows with Time-Varying Expected Returns
  Andrew Ang and Jun Liu #10042 (AP)
• A Model of R&D Valuation and the Design of Research Incentives
  Jason C. Hsu and Eduardo S. Schwartz #10041 (AP,P)

Week of October 13, 2003 

• Nonparametric Estimation of Average Treatment Effects under Exogeneity: A Review
  Guido W. Imbens #T294 (TWP)
• Generalized Modeling Approaches to Risk Adjustment of Skewed Outcomes Data
  Willard G. Manning, Anirban Basu, and John Mullahy #T293 (TWP)
• Do Democracies Have Different Public Policies than Nondemocracies?
  Casey B. Mulligan, Xavier Sala-i-Martin, and Ricard Gil #10040 (PE)
• Foreign Owners and Plant Survival
  Andrew B. Bernard and Fredrik Sjöholm #10039 (ITI)
• Market Size in Innovation: Theory and Evidence From the Pharmaceutical Industry
  Daron Acemoglu and Joshua Linn #10038 (IO, P)
• The Form of Property Rights: Oligarchic vs. Democratic Societies
  Daron Acemoglu #10037 (EFG, LE)
• Currency Mismatches, Debt Intolerance and Original Sin: Why They Are Not the Same and Why it Matters
  Barry Eichengreen, Ricardo Hausman, and Ugo Panizza #10036 (IFM)
• Health and Wealth Accumulation: Evidence from Nineteenth-Century America
  Chulhee Lee #10035 (CS, DAE)
• Changes in the Welfare Caseload and the Health of Low-educated Mothers
  Robert Kaestner and Elizabeth Tarlov #10034 (HE, C)
• Welfare Reform and Health Insurance Coverage of Low-Income Families
  Robert Kaestner and Neeraj Kaushal #10033 (HE,C)
• Experience of and Lessons from Exchange Rate Regimes in Emerging Economies
  Jeffrey A. Frankel #10032 (IFM)

Week of October 6, 2003 

• Stock Market and Investment Goods Prices: Implications for Macroeconomics
  Lawrence J. Christiano and Jonas D. M. Fisher #10031 (EFG)
• Retirement Effects of Proposals by the President's Commission to Strengthen Social Security
  Alan L. Gustman and Thomas L. Steinmeier #10030 (A, LS, PE)
• Macroeconomic Conditions, Health Care Costs, and the Distribution of Health Insurance Coverage
  Sherry Glied and Kathrine Jack #10029 (HE)
• Geography and the Internet: Is the Internet a Substitute or a Complement for Cities?
  Todd Sinai and Joel Waldfogel #10028 (IO, PE)
• The Effect of Organizational Context on Individual Performance
  Robert S. Huckman and Gary P. Pisano #10027 (HE)
• Efficient Test of Shock Return Predictability
  John Y. Campbell and Motohiro Yogo #10026 (AP)
• Policy Evaluation in Uncertain Economic Environments
  William A. Brock, Steven N. Durlauf, and Kenneth D. West #10025 (EFG, ME)
• The WTO Promotes Trade, Strongly But Unevenly
  Arvind Subramanian and Shang-Jin Wei #10024 (IFM, ITI)
• Fiscal Policy, Past and Present
  Alan J. Auerbach #10023 (EFG, PE)
• Quality-Constant Price Indexes for the Ongoing Treatment of Schizophrenia: An Exploratory Study
  Richard G. Frank, Ernst R. Berndt, Alisa Busch, and Anthony F. Lehman #10022 (HE)
• Unemployment and Homeownership: The Roles of Leverage and Public Housing
  Paul Flatau, Matt Forbes, Patric H. Hendershott, and Gavin Wood #10021 (LS)
• Exporting Raises Productivity in Sub-Saharan African Manufacturing Plants
  Johannes Van Biesebroeck #10020 (P)
• Inflation Targeting in Emerging Market Economies
  Arminio Fraga, Ilan Goldfajn, and Andre Minella #10019 (IFM, ME)
• Country Spreads and Emerging Countries: Who Drives Whom? 
  Martin Uribe and Vivian Z. Yue #10018 (EFG, IFM)

Week of September 29, 2003

• Selection and Improvement: Physician Responses to Financial Incentives
  Jason Barro and Nancy Beaulieu #10017 (HE)
• On the Sluggish Resoponse of Prices to Money in a Inventory-Theoretic Model of Money
  Fernando Alvarez, Andrew Atkeson, and Chris Edmond #10016 (ME)
• Addicted to Dollars
  Carmen M. Reinhart, Kenneth S. Rogoff, and Miguel A. Savastano #10015 (IFM)
• Did Unilateral Divorce Laws Raise Divorce Rates? A Reconciliation and New Results
  Justin Wolfers #10014 (LS, LE)
• Simple Forecasts and Paradigm Shifts
  Harrison Hong and Jeremy C. Stein #10013 (AP)
• Effects of Disease Type and Latency on the Value of Mortality Risk
  Jin-Tan Liu and James K. Hammitt #10012 (HE)
• Valuation of the Risk of SARS in Taiwan
  Jin-Tan Liu, James K. Hammitt, Jung-Der Wang, and Meng-Wen Tsou #10011 (HE)
• The Case of the Missing Productivity Growth: Or, Does Information Technology Explain Why Productivity Accelerated in the United States but not the United Kingdom?
  Susanto Basu, John G. Fernald, Nicholas Oulton, and Sylaja Srinivasan #10010 (EFG, ME)
• Financial Asset Returns, Direction-of-Change Forecasting, and Volatility Dynamics
  Peter F. Christoffersen and Francis X. Diebold #10009 (EFG, AP)
• When School Compete, How Do They Compete? An Assessment of Chile's Nationwide School Voucher Program
  Chang-Tai Hsieh and Miguel Urquiola #10008 (ED, LS)
• Reference Pricing of Pharmaceuticals for Medicare: Evidence from Germany, the Netherlands and New Zealand
  Patricia M. Danzon and Jonathan D. Ketcham #10007 (IO)
• The Cost of Labor Adjustment: Inferences from the Gap
  Russell W. Cooper and Jonathan Willis #10006 (EFG, LS)

Week of September 22, 2003

• Concavity of Utility, Concavity of Welfare, and Redistribution of Income
  Louis Kaplow #10005 (LE)
• Hamas, Taliban and the Jewish Underground: An Economist's View of Radical Religious Militias
  Eli Berman #10004 (LS, P)
• Medium Term Business Cycles
  Diego Comin and Mark Gertler #10003 (EFG, ME)
• Kidney Exchange
  Alvin E. Roth, M. Utku Unver, and Tayfun Sonmez #10002 (HE, PE)
• US-Europe Differences in Technology-Driven Growth: Quantifying the Role of Education
  Dirk Krueger and Krishna B. Kumar #10001 (EFG, P)
• Trade Wars: The Exaggerated Impact of Trade in Economic Debate
  Richard B. Freeman #10000 (ITI, LS)
• Retirement and the Evolution of Pensions Structure
  Leora Friedberg and Anthony Webb #9999 (A, LS)
• Relative Wage Variation and Industry Location
  Andrew B. Bernard, Stephen Redding, Peter K. Schott, and Helen Simpson #9998 (ITI)
• Individual Preferences, Monetary Gambles, and the Equity Premium
  Nicholas Barberis, Ming Huang, and Richard Thaler #9997 (LS)
• The Effects of Offering Health Plan Choice within Employment-Based Purchasing Groups
  M. Kate Bundorf #9996 (HE)
• Appearing and Disappearing Dividends: The Link to Catering Incentives
  Malcolm Baker and Jeffrey Wurgler #9995 (CF)
• Are Mental Health Insurance Mandates Effective? Evidence from Suicides
  Jonathan Klick and Sara Markowitz #9994 (HE)
• On the Welfare Consequences of the Increase in Inequality in the United States
  Dirk Krueger and Fabrizio Perri #9993 (EFG)
• What Do Unions Do ... to Voting?
  Richard B. Freeman #9992 (AP)
• Are Faculty Critical? Their Role in University-Industry Licensing
  Jerry G. Thursby and Marie C. Thursby #9991 (P)
• Corruption in Cities: Graft and Politics in American Cities at the Turn of the Twentieth Century
  Rebecca Menes #9990 (DAE)
• Institutional and Non-Institutional Explanations of Economic Differences
  Stanley L. Engerman and Kenneth L. Sokoloff #9989 (DAE)
• A New Method of Estimating Risk Aversion
  Raj Chetty #9988 (AP, PE)
• Can a Work Organization Have an Attitude Problem? The Impact of Workplaces on Employee Attitudes and Economic Outcomes
  Ann Bartel, Richard Freeman, Casey Ichniowski, and Morris M. Kleiner #9987 (LS)
• Demand and Pricing in Electricity Markets: Evidence from San Diego During California's Energy Crisis
  Peter C. Reiss and Matthew W. White #9986 (IO)

Week of September 15, 2003

• The Output Composition Puzzle: A Difference in the Monetary Transmission Mechanism in the Euro Area and U.S.
  Ignazio Angeloni, Anil K. Kashyap, Benoit Mojon, and Daniele Terlizzese #9985 (EFG, ME)
• Monetary Transmission in the Euro Area: Does the Interest Rate Channel Explain All?
  Ignazio Angeloni, Anil K. Kashyap, Benoit Mojon, and Daniele Terlizzese #9984 (EFG, ME)
• Generational Accounting in Korea
  Alan J. Auerbach and Young Jun Chun #9983 (A, PE)
• An Experimental Study of Storable Votes
  Alessandra Casella, Andrew Gelman, and Thomas R. Palfrey #9982 (PE)
• Inflation Targeting in the United States?
  Marvin Goodfriend #9981 (ME)
• Hedonic Price Indexes with Unobserved Product Characteristics, and Application to PC's
  C. Lanier Benkard and Patrick Bajari #9980 (IO, P)
• How did Location Affect Adoption of the Commercial Internet? Global Village, Urban Density and Industry Composition
  Chris Forman, Avi Goldfarb, and Shane Greenstein #9979 (IO, P)
• Lessons From Patents: Using Patents To Measure Technological Change in Environmental Models
  David Popp #9978 (P)
• Unemployment Risk and Compensating Differential in Late-Nineteenth Century New Jersey Manufacturing
  Susan Averett, Howard Bodenhorn, and Justas Staisiunas #9977 (DAE)
• The Consumption Response to Predictable Changes in Discretionary Income: Evidence from the Repayment of Vehicle Loans
  Melvin Stephens Jr.#9976 (EFG)
• International Adverse Selection in Life Insurance and Annuities
  David McCarthy and Olivia S. Mitchell #9975 (A)
• The Conditional CAPM does not Explain Asset-Pricing Anomalies
  Jonathan Lewellen and Stefan Nagel #9974 (AP)
• What Effect do Unions Have on Wages Now and Would 'What Do Unions Do' Be Surprised?
  David G. Blanchflower and Alex Bryson #9973 (LS)
• How Do Hospitals Respond to Price Changes?
  Leemore S. Dafny #9972 (A, HE)
• An Essay on the Revised Bretton Woods System
  Michael P. Dooley, David Folkerts-Landau, and Peter Garber #9971 (IFM)
• The Cost of Business Cycles Under Endogenous Growth
  Gadi Barlevy #9970 (EFG)
• Monetary Policy in an Uncertain Environment
  Martin Feldstein #9969 (ME)

Week of September 8, 2003 

• Optimal Monetary Policy in a Liquidity Trap
  Gauti B. Eggertsson and Michael Woodford #9968 (EFG, ME)
• Wage Determination and Employment Fluctuations
  Robert E. Hall #9967 (EFG, LS)
• Price Indexes for Microsoft's Personal Computer Software Products
  Jaison R. Abel, Ernst R. Berndt, and Alan G. White #9966 (P)
• Scale and Scope Economies in the Global Advertising and Marketing Services Business
  Alvin J. Silk and Ernst R. Berndt #9965 (IO, ITI)
• The Impact of Lensth of the School Year on Student Performance and Earnings: Evidence from the German Short School Year
  Jorn-Steffen Pischke #9964 (LS)
• Does Marijuana Use Impair Human Capital Formation?
  Rosalie Liccardo Pacula, Karen E. Ross, and Jeanne Ringel #9963 (HE, C)

Week of September 1, 2003

• The Economics of Identity and the Endogeneity of Race
  Howard Bodenhorn and Christopher S. Ruebeck #9962 (DAE)
• Is the Fiscal Theory of the Price Level Learnable?
  Bennett T. McCallum #9961 (EFG, ME)
• The Unique Minimum State Variable RE Solution is E-Stable in All Well Formulated Linear Models 
  Bennett T. McCallum #9960 (EFG, ME)
• Housing Collateral, Consumption Insurance and Risk Premia: An Empirical Perspective
  Hanno Lustig and Stijn Van Nieuwerburgh #9959 (AP)
• The "Virtues" of the Past: Education in the First Hundred Years of the New Republic
  Claudia Goldin and Lawrence F. Katz #9958 (ED, DAE, LS, C)
• Private Information and its Effect on Market Equilibrium:New Evidence from Long-Term Care Insurance
  Amy Finkelstein and Kathleen McGarry #9957 (A, HE, PE)
• Banks' Advantage in Hedging Liquidity Risk: Theory and Evidence from the Commercial Paper Market
  Evan Gatev and Philip E. Strahan #9956 (CF)
• Advance Cirectives and Medical Treatment at the End of Life
  Daniel Kessler and Mark B. McClellan #9955 (A, HE)
• Child Care in Poor Communities: Early Learning Effects of Type, Quality, and Stability
  Susanna Loeb, Bruce Fuller, Sharon Lynn Kagan, Bidemi Carrol, Judith Carroll, and Jan McCarthy #9954 (ED, C)
• The Draw of Home: How Teachers' Preferences for Proximity Disadvantage Urban Schools
  Donald Boyd, Hamilton Lankford, Susanna Loeb, and James Wyckoff  #9953 (ED)
• The Relationship between Mental Health and Substance Abuse Treatment and Juvenile Crime
  Alison Evans Cuellar, Sara Markowitz, and Anne M. Libby #9952 (HE, C)
• Capital Investments and Stock Returns
  Sheridan Titman , K.C. John Wei, and Feixue Xie #9951 (CF)
• Gone But Not Forgotten: Labor Flows, Knowledge Spillovers, and Enduring Social Capital
  Ajay Agrawal, Iain M. Cockburn, and John McHale #9950 (LS, P)
• Propping and Tunneling
  Eric Friedman, Simon Johnson, and Todd Mitton #9949 (CF)
• Official Interventions and Occasional Violations Uncovered Interest Parity in the Dollar-DM Market
  Nelson Mark and Young-Kyu Moh #9948 (IFM)
• Trade Policy and Industrial Sector Responses: Using Evolutionary Models to Interpret the Evidence
  Erkan Erdem and James Tybout #9947 (ITI,PR)

Week of August 25, 2003

• Partial Adjustment without Apology
  Robert G. King and Julia K. Thomas #9946 (EFG)
• Trade Disruptions and America's Early Industrialization
  Douglas A. Irwin and Joseph H. Davis #9944 (DAE, ITI)
• The Aftermath of Hamilton's "Report on Manufactures"
  Douglas A. Irwin #9943 (DAE, ITI)
• Does Information Undermine Brand? Information Intermediary Use and Preference for Branded Web Retailers
  Joel Waldfogel and Lu Chen #9942 (IO, LE)
• Changes in the Process of Aging During the Twentieth Century: Findings and Procedures of the Early Indicators Project
  Robert W. Fogel #9941 (A, DAE, CS)
• The Terms of Trade and Economic Growth in the Periphery 1870-1938
  Christopher Blattman, Jason Hwang, and Jeffrey G. Williamson #9940 (DAE, ITI)
• Optimal Inflation Targeting Rules
  Marc P. Giannoni and Michael Woodford #9939 (EFG, ME)
• The Causes and Consequences of Distinctively Black Names
  Roland G. Fryer and Steven D. Levitt #9938
• The Magnitude and Nature of Risk Selection in Employer-Sponsored Health Plans
  Sean Nicholson, M. Kate Bundorf, Rebecca M. Stein, Daniel Polsky #9937 (HE)
• On the Duration of Trade
  Tibor Besedes and Thomas J. Prusa #9936 (ITI)
• The Reappearing Masterpiece: Ranking American Artists and Art Works of the Late Twentieth Century
  David W. Galenson #9935 (LS)
• Unbundling Institutions
  Daron Acemoglu and Simon Johnson #9934 (CF, LS)
• Becoming Oldest-Old: Evidence from Historical U.S. Data
  Dora L. Costa and Joanna Lahey #9933 (A, DAE, CS)
• Tough Policies, Incredible Policies?
  Andres Velasco and Alejandro Neut #9932 (IFM)
• Micro-foundations of Urban Agglomeration Economies
  Gilles Duranton and Diego Puga #9931 (ITI)
• Does the Source of Capital Affect Capital Structure?
  Michael Faulkender and Mitchell Petersen #9930 (CF)

Week of August 18, 2003

• Monetary Discretion, Pricing Complementarity and Dynamic Multiple Equilibria
  Robert G. King and Alexander L. Wolman #9929 (EFG, ME)
• Importing Technology
  Francesco Caselli and Daniel Wilson #9928 (EFG, ITI, P)
• Uncovering the Risk-Return Relation in the Stock Market
  Hui Guo and Robert F. Whitelaw #9927 (AP)
• How Should We Measure Consumer Confidence (Sentiment)? Evidence from the Michigan Survey of Consumers
  Jeff Dominitz and Charles F. Manski #9926
• Price Elasticity of Demand for Term Life Insurance and Adverse Selection
  Mark V. Pauly, Kate H. Wither, Krupa Subramanian-Viswanathan, Jean Lemaire, John C. Hershey, Katrina Armstrong, and David A. Asch #9925 (HE)
• A New Approach to the Valuation of Intangible Capital
  Jason G. Cummins #9924 (EFG, P)
• Capital Deepening in American Manufacturing, 1850-1880
  Jeremy Atack, Fred Bateman, and Robert A. Margo #9923 (DAE)
• On the Efficiency of Competitive Electricity Markets With Time-Invariant Retail Prices
  Severin Borenstein and Stephen P. Holland #9922 (IO)
• Bank Concentration and Crises
  Thorsten Beck, Asli Demirguc-Kunt, and Ross Levine #9921 (IFM, ME, AP)
• The Case for Auctioning Countermeasures in the WTO
  Kyle Bagwell, Petros C. Mavroidis, and Robert W. Staiger #9920 (ITI)
• Adverse Selection and the Challenges to Stand-Alone Prescription Drug Insurance
  Mark V. Pauly and Yuhui Zeng #9919 (HE, PE)
• Mothers' and Fathers' Labor Supply in Fragile Families: The Role of Child Health
  Hope Corman, Nancy E. Reichman, and Kelly Noonan #9918 (HE, LS, C)
• Passive Decisions and Potent Defaults
  James Choi, David Laibson, Brigitte Madrian, and Andrew Metrick #9917 (EFG, A, PE)
• Capital Tax Incidence: Fisherian Impressions from the Time Series
  Casey B. Mulligan #9916 (PE)
• Disentangling Volatility from Jumps
  Yacine Ait-Sahalia #9915 (AP)
• The Effect of Macoreconomic News on Beleifs and Preferences
  Alessandro Beber and Michael W. Brandt #9914 (AP)
• Pension Reform in Germany: The Impact on Retirement Decisions
  Axel Borsch-Supan and Barbara Berkel #9913 (A, PE)

Week of August 4, 2003

• The Role of Consumer Knowledge of Insurance Benefits in the Demand for Preventative Health
  Stephen T. Parente, David Salkever, and Joan DaVanzo #9912 (HE)
• The Pricing of Job Characteristics When Markets Do Not Clear: Theory and Policy Implications
  Kevin Lang and Sumon Majumdar #9911 (LS)
• Identification and Estimation of Hedonic Models
  Ivar Ekeland, James J. Heckman, and Lars P. Nesheim #9910 (LS, P)
• How Do Patent Laws Influence Innovation? Evidence from Nineteenth-Century World Fairs
  Petra Moser #9909 (DAE)
• Debt Intolerance
  Carmen M. Reinhart, Kenneth S. Rogoff, and Miguel A. Savastano #9908 (IFM)
• Parental Medicaid Expansions and Health Insurance Coverage
  Anna Aizer and Jeffrey Grogger #9907 (HE, C)
• On the Hidden Links Between Financial and Trade Opening
  Joshua Aizenman #9906 (IFM, ITI)
• Optimal Monetary and Fiscal Policy: A Linear-Quadratic Approach
  Pierpaolo Benigno and Michael Woodford #9905 (EFG, ME)
• The Economics of 'Acting White'
  David Austen-Smith and Roland G. Fryer, Jr. #9904 (LS)
• Procuring Knowledge
  Stephen M. Maurer and Suzanne Scotchmer #9903 (P)
• Household Saving in Germany: Results of the first SAVE study
  Axel Borsch-Supan and Lothar Essig #9902 (A)
• A Pound of Flesh or Just Proxy? Using Twin Differences to Estimate the Effect of Birth Weight on Life Chances
  Dalton Conley, Kate Strully, and Neil G. Bennett #9901 (HE)
• Does Exchange Rate Risk Matter for Welfare?
  Paul R. Bergin and Ivan Tchakarov #9900 (IFM)
• Changing Economic Geography and Vertical Linkages in Japan
  Eiichi Tomiura #9899 (ITI)
• Adjustment is Much Slower than You Think
  Ricardo J. Caballero and Eduardo Engel #9898 (EFG, LS, P)
• Healthy, Wealthy, and Knowing Where to Live: Trajectories of Helath, Welath and Living
  Florian Heiss, Michael Hurd, and Axel Borsch-Supan #9897 (A)
• What, Me Vote?
  Richard B. Freeman #9896 (LS, PE)
• Simulation and Estimation of Nonaddative Hedonic Models
  James J. Heckman, Rosa Matzkin, and Lars Nesheim #9895 (IO, LS, P, PE)
• Investor Rationality: Evidence from UK Property Capitalization Rates
  Patric H. Hendershott and Bryan D. MacGregor #9894 (PE)
• Inventory Information
  H. Henry Cao, Richard K. Lyons, and Martin D. D. Evans #9893 (AP)
• Utility Evaluation of Risk in Retirement Saving Accounts
  James Poterba, Joshua Rauh, Steven Venti, and David Wise #9892 (A, AP)

Week of July 28, 2003 

• Estimating Housing Demand with an Application to Explaining Racial Segregation in Cities
  Patrick Bajari and Matthew E. Kahn #9891 (IO)
• Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation
  Asli Demirguc-Kunt, Luc Laeven, and Ross Levine #9890 (IFM)
• Are Structural Estimates of Auction Models Reasonable? Evidence from Experimental Data
  Patrick Bajari and Ali Hortacsu #9889 (IO)
• Incentive-Compatible Guaranteed Renewable Health Insurance
  Bradley Herring and Mark Pauly #9888 (HE)
• Six Challenges in Designing Equity-Based Pay
  Brian J. Hall #9887 (CF, LS)
• Cities, Regions and the Decline of Transport Costs
  Edward L. Glaeser and Janet E. Kohlhase #9886 (EFG)
• You Only Die Once: Managing Discrete Interdependent Risks
  Geoffrey Heal and Howard Kunreuther #9885 (CS)
• Imperfect Knowledge, Inflations Expectations, and Monetary Policy
  Athanasios Orphanides and John C. Williams #9884 (ME)
• Fees and Surcharging in automatic teller machine networks: Non-bank ATM providers versus large banks
  Elizabeth W. Croft and Barbara J. Spencer #9883 (IO)
• What Works in Securities Laws?
  Rafeal La Porta, Florencio Lopez-de-Silanes, and Andrei Shleifer #9882 (CF, LE)
• The Effect of Schooling and Ability on Achievement Test Scores
  Karsten Hansen, James J. Heckman, and Kathleen J. Mullen #9881 (ED, PE, C)
• Financial Integration: A New Methodology and an Illustration
  Robert P. Flood and Andrew K. Rose #9880 (IFM)
• Trade Reforms, Labor Regulations and Labor-Demand Elasticities: Empirical Evidence from India
  Rana Hasan, Devashish Mitra, and K.V. Ramaswamy #9879 (ITI, LS)
• Analyzing the Determinants of the Matching of Public School Teachers to Jobs: Estimating Compensating Differentials in Imperfect Labor Markets
  Donald Boyd, Hamilton Lankford, Susanna Loeb, and James Wyckoff #9878 (ED, LS)
• Selection Bias, Comaparative Advantage and Heterogeneous Returns to Education: Evidence from China in 2000
  James J. Heckman and Xuesong Li #9877

Week of July 21, 2003 

• Peer Effects and Alcohol Use Among College Students
  Michael Kremer and Dan M. Levy #9876 (ED, C)
• When Do Central Bank Interventions Influence Intra-Daily and Longer-Term Exchange Rate Movements?
  Kathryn M. E. Dominguez #9875 (IFM, AP)
• The Impact of Price Regulation on the Launch Delay of New Drugs - Evidence from Twenty-Five Major Markets in the 1990s
  Patricia M. Danzon, Y. Richard Wang, and Liang Wang #9874 (HE, IO)
• Are Emily and Greg More Employable than Lakisha and Jamal? A Field Experiment on Labor Market Discrimination
  Marianne Bertrand and Sendhil Mullainathan #9873 (LS)
• Heckscher-Ohlin Theory and Individual Attitudes Towards Globalization
  Kevin H. O'Rourke #9872 (ITI)
• Entry Deterrence in Hospital Procedure Markets: A Simple Model of Learning-By-Doing
  Leemore S. Dafny #9871 (HE)
• Who Gets Health Care?
  Robert W. Fogel and Chulhee Lee #9870 (HE)
• Why the Welfare State Looks Like a Free Lunch
  Peter H. Lindert #9869 (DAE)
• Did American Welfare Capitalists Breach their Implicit Contracts? Preliminary Findings from Company-level Data, 1920-1940
  Chiaki Moriguchi #9868 (DAE, LS)
• Flexible Exchange Rates as Shock Absorbers
  Sebastian Edwards and Eduardo Levy Yeyati #9867 (EFG, IFM, ITI)
• A New Measure of Monetary Shocks: Derivation and Implications
  Christina D. Romer and David H. Romer #9866 (EFG, DAE, ME)

Week of July 14, 2003 

• The Economic Tragedy of the XXth Century: Growth in Africa
  Elsa V.Artadi and Xavier Sala-i-Martin #9865 (EFG)
• Explaining Sudden Stops, Growth Collapse, and BOP Crises: The Case of Distortionary Output Taxes
  Guillermo A. Calvo #9864 (IFM)
• Market Evidence of Misperceived Prices and Mistaken Mortality Risks
  Jay Bhattacharya, Dana Goldman, and Neeraj Sood #9863 (A, HE)
• Anticipated Ramsey Reforms and the Uniform Taxation Principle: The Role of International Financial Markets
  Evaluating Portfolio Policies: A Duality Approach #9862 (PE)
• Evaluating Portfolio Policies: A Duality Approach
  Martin B. Haugh, Leonid Kogan, and Jiang Wang #9861 (AP)
• Why didn't France follow the British Stabilization after World War One?
  Michael D. Bordo and Pierre-Cyrille Hautcoeur #9860 (DAE, IFM, ME)
• Understanding Changes in International Business Cycle Dynamics
  James H. Stock and Mark W. Watson #9859 (EFG, ME)
• Stock Prices and IPO Waves
  Lubos Pastor and Pietro Veronesi #9858 (AP)
• The Decline and Rise of Interstate Migration in the United States: Evidence from the IPUMS, 1850-1990
  Joshua L. Rosenbloom and William A. Sundstrom #9857 (LS)
• Literary Life Cycles: The Careers of Modern American Poets
  David W. Galenson #9856 (LS)
• Tax Credits and the Use of Medical Care
  Michael Smart and Mark Stabile #9855 (HE, PE)
• After the War Boom: Reconversion on the U.S. Pacific Coast, 1943-49
  Paul W. Rhode #9854 (DAE)
• Beauty in the Classroom: Professors' Pulchritude and Putative Pedagogical Productivity
  Daniel S. Hamermesh and Amy M. Park #9853 (LS)
• The Value of a Statistical Life and the Coefficient of Relative Risk Aversion
  Louis Kaplow #9852 (HE, LS, AP, PE)
• The Effects of Changes in State SSI Supplements on Pre-Retirement Labor Supply
  David Neumark and Elizabeth T. Powers #9851 (A, LS)
• Who Benefits from Labor Market Regulations?: Chile 1960-1998
  Claudio Montenegro and Carmen Pages #9850 (LS)
• Enriching a Theory of Wage and Promotion Dynamics Inside Firms
  Robert Gibbons and Michael Waldman #9849 (LS)
• Understanding Trend and Cycle in Asset Values: Reevaluating the Wealth Effect on Consumption
  Martin Lettau and Sydney Ludvigson #9848 (EFG, AP)
• Quality and Employers' Choice of Health Plan
  Michael Chernew, Gautam Gowrisankaran, Catherine McLaughlin, and Teresa Gibson #9847 (HE)
• New Data, New Doubts: A Comment on Burnside and Dollar's "Aid, Policies, and Growth" (2000)
  William Easterly, Ross Levine, and David Roodman #9846 (IFM, ITI)
• Is the Social Security Trust Fund Worth Anything?
  Kent Smetters #9845 (A, PE)

Week of July 7, 2003 

• Bidding for Industrial Plants: Does Winning a 'Million Dollar Plant' Increase Welfare?
  Michael Greenstone and Enrico Moretti #9844 (PE)
• Addressing the Transfer-Pricing Problem in an Origin-Basis X Tax
  David F. Bradford #9843 (PE)
• Public Goods and the Distribution of Income
  Louis Kaplow #9842 (LE, PE)
• How "Original Sin" was Overcome: The Evolution of External Debt Denominated in Domestic Currencies in the United States and the British Dominions, 1800-2000
  Michael D. Bordo, Christopher Meissner, and Angela Redish #9841 (DAE, IFM)
• Financial Innovation, Market Participation and Asset Prices
  Laurent Calvet, Martin Gonzalez-Eiras, and Paolo Sodini #9840 (EFG, AP)
• Regime-Switching and the Estimation of Multifractal Processes
  Laurent A. Calvet and Adlai Fisher #9839 (EFG)
• Monetary Policy in Economies with Little or No Money
  Bennett T. McCallum #9838 (EFG, ME)
• Multiple-Solution Indeterminacies in Monetary Policy Analysis
  Bennett T. McCallum #9837 (EFG, ME)
• Bidding Rings and the Winner's Curse: The Case of Federal Offshore Oil and Gas Lease Auctions
  Ken Hendricks, Robert Porter, and Guofo Tan #9836 (IO)
• Monetary Policy and Sectoral Shocks: Did the FED react properly to the High-Tech Crisis?
  Claudio Raddatz and Robert Rigobon #9835 (IFM, ME)
• Asset Prices and Exchange Rates
  Anna Pavlova and Roberto Rigobon #9834 (IFM, AP)
• Why Are Drugs More Profitable Than Vaccines?
  Michael Kremer and Christopher M. Snyder #9833 (HE, IO)
• Do Flexible Durable Goods Prices Undermine Sticky Price Models?
  Robert Barsky, Christopher L. House, and Miles Kimball #9832 (EFG, ME)
• Chip Shots: Association Between the State Children's Health Insurance Programs and Immunization Coverage and Delivery
  Ted Joyce and Andrew Racine #9831 (HE, C)
• Trade Reforms and Wage Inequality in Colombia
  Orazio Attanasio, Pinelopi K. Goldberg, and Nina Pavcnik #9830 (ITI, LS)
• Are More Data Always Better for Factor Analysis?
  Jean Boivin and Serena Ng #9829 (ME)
• Sudden Stops, the Real Exchange Rate, and Fiscal Sustainability: Argentina's Lessons
  Guillermo A. Calvo, Alejandro Izquierdo, and Ernesto Talvi #9828 (IFM)
• Aggregation and Insurance-Mortality Estimation
  William H. Dow, Kristine A. Gonzalez, and Luis Rosero-Bixby #9827 (HE)

Week of June 30, 2003 

• What Do People Buy When They Don't Buy Health Insurance and What Does that Say about Why They Are Uninsured?
  Helen Levy and Thomas DeLeire #9826 (HE)
• Grilichesian Breakthroughs: Inventions of Methods of Inventing and Firm Entry in Nanotechnology
  Michael R. Darby and Lynne G. Zucker #9825 (P)
• Guns, Drugs and Juvenile Crime: Evidence from a Panel of Siblings and Twins
  H. Naci Mocan and Erdal Tekin #9824 (C)
• Trade, Growth and the Environment
  Brian R. Copeland and M. Scott Taylor #9823 (ITI)
• Measuring Poverty in a Growing World (or Measuring Growth in a Poor World)
  Angus Deaton #9822 (EFG)
• Broken Down by Work and Sex: How Our Health Declines
  Anne C. Case and Angus Deaton #9821 (A, HE)
• Strict Dollarization and Economic Performance: An Empirical Investigation
  Sebastian Edwards and I.Igal Mendoza #9820 (IFM)
• What Happens After a Technology Shock?
  Lawrence J. Christiano, Martin Eichenbaum, and Robert Vigfusson (EFG, LS)
• The Determinants of Participation in a Social Program: Evidence from a Prototypical Job Training Program
  James J. Heckman and Jeffrey A. Smith #9818 (ED, LS, PE)
• Stock Market Cycles, Financial Liberalization and Volatility
  Sebastian Edwards, Javier Gomez Biscarri, and Fernando Perez de Gracia #9817 (IFM, AP)
• Entrepreneurial Spawning: Public Corporations and the Genesis of New Ventures, 1986-1999
  Paul Gompers, Josh Lerner, and David Scharfstein #9816 (CF)
• Causing Problems? The WTO Review of Causation and Injury Attribution in U.S. Section 201 Cases
  Douglas Irwin #9815 (ITI)
• The Case for Open-Market Purchases in a Liquidity Trap
  Alan J. Auerbach and Maurice Obstfeld #9814 (EFG, ME, PE)
• Executive Compensation as an Agency Problem
  Lucian Arye Bebchuk and Jesse M. Fried #9813 (CF, LS)
• Insurance and the Utilization of Medical Services
  Jonathan Meer and Harvey S. Rosen #9812 (HE, PE)
• The Marginal Propensity to Spend on Adult Children
  Joseph G. Altonji and Ernesto Villanueva #9811 (C)
• Bankruptcy Policy Reform and Total Factor Productivity Dynamics in Korea
  Youngjae Lim and Chin Hee Hahn #9810 (CF, P)

Week of June 23, 2003 

• Choosing (and reneging on) exchange rate regimes
  Alberto Alesina and Alexander Wagner #9809 (EFG, IFM, ME)
• The Mirage of Exchange Rate Regimes for Emerging Market Countries
  Guillermo Calvo and Frederic S. Mishkin #9808 (IFM, ME)
• Private Equity Performance: Returns, Persistence, and Capital
  Steven Kaplan and Antoinette Schoar #9807 (CF)
• Transparency, Risk Management and International Financial Fragility
  Mario Draghi, Francesco Giavazzi, and Robert C. Merton #9806 (IFM)
• Social Learning and Coordination in High-Stakes Games: Evidence from Friend or Foe
  Felix Oberholzer-Gee, Joel Waldfogel, and Matthew White #9805 (IO, LE)
• Addressing the Natural Resource Curse: An Illustration from Nigeria
  Xavier Sala-i-Martin and Arvidn Subramanian #9804 (EFG)
• Did Expanding Medicaid Affect Welfare Participants? 
  John C. Ham and Lara D. Shore-Sheppard #9803 (HE, C)

Week of June 16, 2003 

• Incentives in Markets, Firms and Governments
  Daron Acemoglu, Michael Kremer, and Atif Mian #9802 (EFG, LS)
• Chasing the Smokestack: Strategic Policymaking With Multiple Instruments
  Per G. Fredriksson, John A. List, and Daniel L. Millimet #9801 (PE)
• Measuring the Impact of Minimum Wages: Evidence from Latin America
  William F. Maloney abd Jairo Nunez Mendez #9800 (LS)
• The Practice and Proscription of Affirmative Action in Higher Education: An Equilibrium Analysis
  Dennis Epple, Richard Romano, and Holger Sieg #9799 (ED, C)
• "Will Social Security Be There For You?" How Americans Perceive Their Benefits
  Jeff Dominitz, Charles F. Manski, and Jordan Heinz #9798 (PE)
• Outocme Versus Service Based Payments in Health Care: Lessons from African Traditional Healers
  Kenneth Leonard and Joshua Graff Zivin #9797 (HE)
• Disagreement about Inflation Expectations
  N. Gregory Mankiw, Ricardo Reis, and Justin Wolfers #9796 (EFG, ME)
• The Dominance of Retail Stores
  Alexandre Ziegler and Edward P. Lazear #9795 (IO)
• Distributional Disputes and Civil Conflict
  Herschel I. Grossman #9794 (EFG)
• ". . . and six hundred thousand men were dead."
  Herschel I. Grossman #9793 (EFG)
• Committee Structure and the Success of Connected Lending in Nineteenth Century New England Banks
  Christopher M. Meissner #9792 (DAE, ME)
• How to Tell if a Money Manager Knows More?
  Sergey Iskoz and Jiang Wang #9791 (AP)
• The Impact of Physician Intervention and Tobacco Control Policies on Average Daily Cigarette Consumption Among Adult Smokers
  John A. Tauras and Lan Liang #9790 (HE)
• Product Choice and Product Switching
  Andrew B. Bernard, Peter K. Schott and Stephen Redding #9789 (IO)
• From Cradle to Grave? The Lasting Impact of Childhood Health and Circumstance
  Anne Case, Angela Fertig, and Christina Paxson #9788 (HE, LS, C)
• Short-Run Pain, Long-Run Gain: The Effects of Financial Liberalization
  Graciela L. Kaminsky and Sergio Schmukler #9787 (IFM, AP)
• Government Finance in the Wake of Currency Crises
  Craig Burnside, Martin Eichenbaum, and Sergio Rebelo #9786 (EFG, IFM, ME, PE)
• The Optimal Taxation of Unskilled Labor with Job Search and Social Assistance
  Jan Boone and Lans Bovenberg #9785 (LS, PE)
• The Trouble with Stock Options
  Brian J. Hall and Kevin J. Murphy #9784 (CF, LS, PE)
• House Prices and Consumer Welfare
  Patrick Bajari, C. Lanier Benkard, and John Krainer #9783 (EFG, IO)
• The Married Widow: Marriage Penalties Matter!
  Michael Baker, Emily Hanna, and Jasmin Kantarevic #9782 (A, LS, PE)

Week of June 9, 2003 

• Welfare Reform, Labor Supply, and Health Insurance in the Immigrant Population
  George J. Borjas #9781 (HE, LS)
• Measuring Success of Advanced Technology Program Participants Using Archival Data
  Lynne G. Zucker and Michael R. Darby #9780 (P)
• Phasing Into Retriement
  Steven G. Allen, Robert L. Clark, and Linda S. Ghent #9779 (A, LS)
• Hedging Sudden Stops and Precautionary Recessions: A Quantitative Framework
  Ricardo J. Caballero and Stavros Panageas #9778 (EFG, IFM, AP)
• One Cost of the Chilean Capital Controls: Increased Financial Constraints for Smaller Traded Firms
  Kristin J. Forbes #9777 (IFM)
• Globalization and Dirty Industries: Do Pollution Havens Matter?
  Jean-Marie Grether and Jaime de Melo #9776 (ITI)
• Judicial Checks and Balances
  Rafael LaPorta, Florencio Lopez-de-Silanes, Christian Pop-Eleches, and Andrei Shleifer #9775 (EFG, LE)
• The Effect of Private Insurance on Health Outcomes: Evidence from the Health and Retirement Study
  Avi Dor, Joseph J. Sudano, and David W. Baker #9774 (HE)
• Fiscal Policy and Monetary Integration in Europe
  Jordi Gali and Roberto Perotti #9773 (EFG, ME, PE)
• Fiscal Shocks and Their Consequences
  Craig Burnside, Martin Eichenbaum, and Jonas Fisher #9772 (EFG, ME, PE)
• Secular Trends in Physiological Capital: Implications for Equity in Health Care
  Robert W. Fogel #9771 (A, DAE, CS)
• Historical Perspectives on Racial Differences in Schooling in the United States
  William J. Collins and Robert A. Margo #9770 (ED, DAE, LS)
• The Effect of Welfare Reform on Prenatal Care and Birth Weight
  Robert Kaestner and Won Chan Lee #9769 (HE, C)

Week of  June 2, 2003 

• The Vintage Effect in TFP Growth: An Analysis of the Age Structure of Capital
  Maury Gittleman, Thijs ten Raa, and Edward N. Wolff #9768 (P)
• Coordination and Policy Traps
  George-Marios Angeletos, Christian Hellwig, and Alessandro Pavan #9767 (EFG, IFM)
• International Migration, Remittances, and Schooling: Evidence from El Salvador
  Alejandra Cox Edwards and Manuelita Ureta #9766 (ED, LS)
• The Quantity and Quality of Life and the Evolution of World Inequality
  Gary S. Becker, Tomas J. Philipson, and Rodrigo R. Soares #9765 (EFG, HE)
• Idiosyncratic Production Risk, Growth, and the Business Cycle
  George-Marios Angeletos and Laurent E. Calvet #9764 (EFG)
• Bureaucracy as a Mechanism to Generate Information
  Walter Novaes and Luigi Zingales #9763 (CF)
• ENTICE: Endogenous Technological Change in the DICE Model of Global Warming
  David Popp #9762 (P)
• Differentiation Strategy and Market Deregulation: Local Telecommunication Entry in the Late 1990s
  Shane Greenstein and Michael Mazzeo #9761 (IO, P)
• Measuring the Well-Being of the Poor Using Income and Consumption
  Bruce D. Meyer and James X. Sullivan #9760 (LS, PE)
• Household Risk Management and Optimal Mortgage Choice
  John Y. Campbell and Joao F. Cocco #9759 (EFG, ME, AP)
• Equilibrium Asset Prices Under Imperfect Corporate Control
  James Dow, Gary Gorton, and Arvind Krishnamurty #9758 (CF, AP)
• Auctions Versus Negotiations in Procurement: An Empirical Analysis
  Patrick Bajari, Robert T. McMillan, and Steve Tadelis #9757 (IO)
• The Regulation of Labor
  Simeon Djankov, Rafael LaPorta, Florencio Lopez-de-Silanes, Andrei Shleifer, and Juan Botero #9756 (EFG, LS, LE, PE)
• The Labor Demand Curve is Downward Sloping: Reexamining the Impact of Immigration on the Labor Market
  George J. Borjas #9755 (LS)
• The impact of new drug launches on longevity: evidence from longitudinal, disease-level data from 52 countries, 1982-2001
  Frank R. Lichtenberg #9754 (HE, P)
• James Tobin: An Appreciation of his Contribution to Economics
  Willem H. Buiter #9753 (IFM, ME)
• Just and Reasonable Treatment: Racial Treatment in the Terms of Pauper Apprenticeship in Antebellum Maryland
  Howard Bodenhorn #9752 (DAE)
• The Negative Income Tax and the Evolution of the U.S. Welfare Policy
  Robert A. Moffitt #9751 (PE)
• Does Misery Love Company? Evidence from pharmaceutical markets before and after the Orphan Drug Act
  Frank R. Lichtenberg and Joel Waldfogel #9750 (HE)
• Voice and Growth: Was Churchill Right?
  Peter H. Lindert #9749 (DAE)
• Parochial Interests and the Centralized Provision of Local Public Goods: Evidence from Congressional Voting on Transportation Projects
  Brian Knight #9748 (PE)

Week of May 26, 2003 

• Implementing Optimal Policy through Inflation-Forecast Targeting
  Lars E. O. Svensson and Michael Woodford #9747 (EFG, ME)
• A Quantitative Analysis of Tax Competition v. Tax Coordination under Perfect Capital Mobility
  Enrique G. Mendoza and Linda L. Tesar #9746 (IFM, PE)
• Why Parents Play Favorites: Explanations for Unequal Bequests
  Audrey Light and Kathleen McGarry #9745 (A)
• Airline Schedule Recovery After Airport Closures: Empirical Evidence Since September 11th
  Nicholas G. Rupp, George M. Holmes, and Jeff DeSimone #9744 (IO)
• Market Recations to Tangible and Intangible Information
  Kent Daniel and Sheridan Titman #9743 (AP)
• Prodigals and Projectors: An Economic History of Usury Laws in the United States from Colonial Times to 1900
  Hugh Rockoff #9742 (DAE)
• Why Are Prices Sticky? The Dynamics of Wholesale Gasoline Prices
  Michael C. Davis and James D. Hamilton #9741 (EFG)
• Firms, Contracts, and Trade Structure
  Pol Antras #9740 (ITI)
• Endogenous Nontradability and Macroeconomic Implications
  Paul R. Bergin and Reuven Glick #9739 (IFM)
• Health Inequality, Education and Medical Innovation
  Sherry Glied and Adriana Lleras-Muney #9738 (HE)
• Credit Market Imperfections in Middle Income Countries
  Aaron Tornell and Frank Westermann #9737 (IFM)
• Neoclassical Theory Versus Prospect Theory: Evidence From the Marketplace
  John A. List #9736 (AP)

Week of May 19, 2003

• Appropriability and the timing of innovation: Evidence from MIT inventions
  Emmanuel Dechenaux, Brent Goldfarb, Scott A. Shane, and Marie C. Thursby #9735 (P)
• The Disclosure and Licensure of University Inventions
  Richard Jensen, Jerry G. Thursby, and Marie C. Thursby #9734 (P)
• Sprawl and Urban Growth
  Edward L. Glaeser and Matthew E. Kahn #9733 (ENV, LE, PE)
• Fifty Years of Mincer Earnings Regressions
  James J. Heckman, Lance J. Lochner, and Petra E. Todd #9732 (LS)
• Prospects for Improving U.S. Patent Quality via Post-grant Opposition
  Bronwyn H. Hall, Stuart J.H. Graham, Dietmar Harhoff, and David C. Mowery #9731 (IO, P)
• Adoption of New Technology
  Bronwyn H. Hall and Beethika Khan #9730 (IO, P)
• Distance, Time, and Specialization
  Carolyn L. Evans and James Harrigan #9729 (ITI)
• Product Differentiation, Search Costs, and Competition in the Mutual Fund Industry: A Case Study of S&P 500 Index Funds
  Ali Hortacsu and Chad Syverson #9728 (CF, IO) 
• Incentives and Invention in Universities
  Saul Lach and Mark Schankerman #9727 (P)
• Identification and Estimation of Dynamic Games 
  Martin Pesendorfer and Philipp Schmidt-Dengler #9726 (IO)
• Defense R&D in the Anti-terrorist Era
  Manuel Trajtenberg #9725 (P, PE)
• Productivity Growth and R&D Expenditure in Taiwan's Manufacturing Firms
  Jiann-Chyuan Wang and Kuen-Hung Tsai #9724 (P)
• Vertical Production Networks in Multinational Firms
  Gordon H. Hanson, Raymond J. Mataloni, Jr., and Matthew J. Slaughter #9723 (ITI)
• Executive Compensation and Short-termist Behavior in Speculative Markets
  Patrick Bolton, Jose Scheinkman and Wei Xiong #9722 (CF, LS)
• A Model of Add-on Pricing
  Glenn Ellison #9721 (IO)
• Does the Format of a Financial Aid Program Matter? The Effect of State In-Kind Tuition Subsidies
  Bridget Terry Long #9720 (ED, PE)
• Specialization, Firms, and Markets: The Division of Labor Within and Between Law Firms
  Luis Garicano and Thomas N. Hubbard #9719 (IO)
• Footloose and Pollution-Free
  Josh Ederington, Arik Levinson, and Jenny Minier #9718 (ENV, ITI, PE)
• Business Method Patents, Innovation, and Policy
  Bronwyn H. Hall #9717 (IO,P)
• The Role of Globalization in the Within-Industry Shift Away from Unskilled Workers in France
  Vanessa Strauss-Kahn #9716 (ITI, LS)
• A Multinational Perspective on Capital Structure Choice and Internal Capital Markets
  Mihir A. Desai, C. Fritz Foley, and James R. Hines Jr. #9715 (CF, ITI, PE)
• Annuities and Individual Welfare
  Thomas Davidoff, Jeffrey R. Brown, and Peter A. Diamond #9714 (A, PE)

Week of May 12, 2003 

• IS-LM and Monetarism
  Michael D. Bordo and Anna J. Schwartz #9713 (DAE, ME)
• A Structural Empirical Model of Firm Growth, Learning, and Survival
  Jaap H. Abbring and Jeffrey R. Campbell #9712 (EFG, IO)
• Thy Neighbor's Portfolio: Word-of-Mouth Effects in the Holdings and Trades of Money Managers
  Harrison Hong, Jeffrey D. Kubik, and Jeremy C. Stein #9711 (AP, CF)
• Foreign Bank Entry and Business Volatility: Evidence from U.S. States and Other Countries
  Donald Morgan and Philip Strahan #9710 (CF, EFG, IFM, ME)
• Ideas and Education: Level or Growth Effects?
  Steve Dowrick #9709 (P)
• Treatment Effect Heterogeneity in Theory and Practice
  Joshua D. Angrist #9708 (LS)
• Job Loss in the United States, 1981-2001
  Henry S. Farber #9707 (LS)
• Is Tomorrow Another Day? The Labor Supply of New York Cab Drivers
  Henry S. Farber #9706 (LS)
• Nonunion Wage Rates and the Threat of Unionization
  Henry S. Farber #9705 (LS)
• Bank Integration and State Business Cycles
  Donald Morgan, Bertrand Rime, and Philip Strahan #9704 (CF, EFG, ME)
• A Quasi-Experimental Estimate of the Impact of Financial Aid on College-Going
  Thomas J. Kane #9703 (ED, PE, C)
• Living Wage Effects: New and Improved Evidence
  Scott Adams and David Neumark #9702 (LS))
• Relative Prices and Relative Prosperity
  Chang-Tai Hsieh and Peter J. Klenow #9701 (EFG)
• Economic Analysis of Welfare Economics, Morality and the Law
  Steven Shavell #9700 (LE)
• Economic Analysis of the General Structure of the Law
  Steven Shavell #9699 (LE)
• Economic Analysis of Public Law Enforcement and Criminal Law
  Steven Shavell #9698 (LE)
• Economic Analysis of Litigation and the Legal Process
  Steven Shavell #9697 (LE)
• Economic Analysis of Contract Law
  Steven Shavell #9696 (LE)
• Economic Analysis of Property Law
  Steven Shavell #9695 (LE)
• Economic Analysis of Accident Law
  Steven Shavell #9694 (LE)

Week of May 5, 2003 

• Impacts of Eligibility Expansions and Provider Reimbursement Rate Increases on Child Care Subsidy Take-Up Rates, Welfare Use and Work
  Ann Dryden Witte and Magaly Queralt #9693 (LS, PE, C))
• Spaghetti Regionalism or Strategic Foreign Trade: Some Evidence for Mexico
  Alejandro Ibarra-Yunez #9692 (ITI)
• Social Security, Retirement, and the Single-Mindedness of the Electorate
  Casey B. Mulligan and Xavier Sala-i-Martin #9691 (A, PE)
• Marijuana Decriminalization: What does it mean in the United States?
  Rosalie Liccardo Pacula, Jamie F. Chriqui, and Joanna King #9690 (HE)
• The Effect of Drug Prohibition on Drug Prices: Evidence from the Markets for Cocaine and Heroin
  Jeffrey A. Miron #9689 (HE)
• Do Minimum Wages Affect Non-wage Job Attributes? Evidence on Fringe Benefits and Working Conditions
  Kosali Ilayperuma Simon and Robert Kaestner #9688 (LS)
• Globalization and Latin America Before 1940
  Luis Bertola and Jeffrey G. Williamson #9687 (DAE, ITI)
• Local Revenue Hills: Evidence from Four U.S. Cities
  Andrew F. Haughwout, Robert P. Inman, Steven Craig, and Thomas Luce #9686 (PE)
• Local Does as Local Is: Information Content of the Geography of Individual Investors' Common Stock Investments
  Zoran Ivkovich and Scott Weisbenner #9685 (AP)
• The Elusive Gains from International Financial Integration
  Pierre Olivier Gourinchas and Olivier Jeanne #9684 (IFM)
• Does School Choice Increase School Quality?
  George M. Holmes, Jeffrey DeSimone, and Nicholas G. Rupp #9683
• Religion and Economic Growth
  Robert J. Barro and Rachel M. McCleary #9682 (EFG)
• Alcohol Prohibition and Cirrhosis
  Angela K. Dills and Jeffrey A. Miron #9681 (HE)
• Cooperative Marketing, Agreements Between Competitors: Evidence from Patent Pools
  Josh Lerner, Jean Tirole, and Marcin Strojwas #9680 (CF)
• Firm-Specific Human Capital: A Skill-Weights Approach
  Edward P. Lazear #9679 (LS)
• Risk Aversion, Liability Rules, and Safety
  Joshua Graff Zivin, Richard Just, and David Zilberman #9678 (ENV)
• Do Demographic Changes Affect Risk Premiums? Evidence from International Data
  Andrew Ang and Angela Maddaloni #9677 (AP)
• Alcohol Advertising and Alcohol Consumption by Adolescents
  Henry Saffer and Dhaval Dave #9676 (HE, C)
• Product Quality and Market Size
  Steven Berry and Joel Waldfogel #9675 (IO, P)
• Diversification and the Taxation of Capital Gains and Losses
  Richard J. Rendleman, Jr. and Douglas A. Shackelford #9674 (PE)
• Maximum Likelihood Estimation of Latent Affine Processes
  David S. Bates #9673 (AP)
• Inflation Targeting, Price-Path Targeting and Output Variability
  Stephen G. Cecchetti and Junhan Kim #9672 (EFG, ME)

Week of April 28, 2003 

• Teacher Incentives
  Paul Glewwe, Nauman Ilias, and Michael Kremer #9671 (C, ED)
• Twin Fallacies About Exchange Rate Policy in Emerging Markets
  Carmen M. Reinhart and Vincent R. Reinhart #9670 (IFM)
• The Effects of Multinational Production on Wages and Working Conditions in Developing Countries
  Drusilla K. Brown, Alan V. Deardorff, and Robert M. Stern #9669 (LS, ITI)
• Globalization and International Commodity Trade with Specific Reference to the West African Cocoa Producers
  Christopher L. Gilbert and Panos Varangis #9668 (ITI)
• Inflation Targeting in Transition Countries: Experience and Prospects
  Jiri Jones and Frederic S. Mishkin #9667 (EFG, ME)
• The Monetary Consequences of a Free Trade Area of the Americas
  Barry Eichengreen and Alan M. Taylor #9666 (IFM, ME)
• The Determinants and Consequences of Child Care Subsidies for Single Mothers
  David Blau and Erdal Tekin #9665 (HE, PE)
• A No-Arbitrage Approach to Range-Based Estimation of Return Covariances and Correlations
  Michael W. Brandt and Francis X. Diebold #9664 (AP)
• Do all networks facilitate international commerce? US law firms and the international market for corporate control
  Simon J. Evenett #9663 (ITI)
• The Role of Information in Driving FDI Flows: Host-Country Transparency and Source Country Specialization
  Ashoka Mody, Assaf Razin, and Efraim Sadka #9662 (IFM, ITI)
• Charitable Bequests and Taxes on Inheritance and Estates: Aggregate Evidence from across States and Time
  Jon Bakija, William Gale, and Joel Slemrod #9661 (PE)

Week of April 21, 2003 

• Identifying the Effects of Monetary Policy Shocks on Exchange Rates Using High Frequency Data
  Jon Faust, John H. Rogers, Eric Swanson, and Jonathan H. Wright #9660 (IFM, ME)
• Does Competition Encourage Credit Provision? Evidence from African Trade Credit Relationships
  Raymond Fisman and Mayank Raturi #9659 (CF)
• Financial Crises as Herds: Overturning the Critiques
  V.V. Chari and Patrick J. Kehoe #9658 (EFG, IFM)
• Payout Policy in the 21st Century
  Alon Brav, John R. Graham, Campbell R. Harvey, and Roni Michaely #9657 (CF, AP)
• Was it Stolper-Samuelson, Infant Industry or Something Else? World Trade Tariffs 1789-1938
  Jeffrey G. Williamson #9656 (DAE, ITI)
• The Cross Border Mergers and Acquisitions Wave of the Late 1990s
  Simon J. Evenett #9655 (ITI)
• Exchange Rate Regime Choice in Historical Perspective
  Michael D. Bordo #9654 (DAE, IFM)
• Are Idle Hands the Devil's Workshop? Incapacitation, Concentration and Juvenile Crime
  Brian A. Jacob and Lars Lefgren #9653 (ED, C)
• Public Housing, Housing Vouchers and Student Achievement: Evidence from Public Housing Demolitions in Chicago
  Brian A. Jacob #9652 (ED, C)
• Why Some Double Taxation Might Make Sense: The Special Case of Inter-corporate Dividends
  Randall Morck #9651 (CF, PE)
• Time Vs. Goods: The Value of Measuring Household Production Technologies
  Reuben Gronau and Daniel S. Hamermesh #9650 (LS)
• Barriers to Entering Medical Specialties
  Sean Nicholson #9649 (HE)
• Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan
  Rasmus Fatum and Michael Hutchison #9648 (IFM)
• Household Portfolios in Japan
  Takuo Iwaisako #9647 (AP)
• Financial Distress and Employment: The Japanese Case in the 90s
  Kazuo Ogawa #9646 (EFG, LS, ME)
• Sources of Funds and Investment Activities of Venture Capital Funds: Evidence from Germany, Israel, Japan and the UK
  Colin Mayer, Koen Schoors, and Yishay Yafeh #9645 (CF)
• Bank Ties and Bond Market Access: Evidence on Investment-Cash Flow Sensitivity in Japan
  Patrick M. McGuire #9644 (CF, EFG)
• Unnatural Selection: Perverse Incentives and the Misallocation of Credit in Japan
  Joe Peek and Eric S. Rosengren #9643 (CF, EFG)
• Idiosyncratic Risk and the Creative Destruction in Japan
  Yasushi Hamao, Jianping Mei and Yexiao Xu #9642 (EFG, IFM, AP)
• Human Capital Externalities in Cities
  Enrico Moretti #9641 (ED, C)
• Spillovers Across U.S. Financial Markets
  Roberto Rigobon and Brian Sack #9640 (AP)
• Falling Trade Costs, Heterogeneous Firms, and Industry Dynamics
  Andrew B. Bernard, J. Bradford Jensen, and Peter K. Schott #9639 (ITI)
• Alcohol Abuse and Suicide Attempts Among Youth - Correlation or Causation?
  Pinka Chatterji, Dhaval Dave, Robert Kaestner, and Sara Markowitz #9638 (HE, C)
• Geography and Export Performance: External Market access and Internal Supply Capacity
  Stephen Redding and Anthony J. Venables #9637 (ITI)
• Do Airline Bankruptcies Reduce Air Service?
  Severin Borenstein and Nancy L. Rose #9636 (IO)

Week of April 14, 2003 

• "Fifty-four Forty or Fight!"
  Herschel Grossman #9635 (EFG, ITI)
• Continuing Dangers of Disinformation in Corporate Accounting Reports
  Edward J. Kane #9634 (CF)
• The Flattening Firm: Evidence from Panel Data in the Changing Nature of Corporate Hierarchies
  Raghuram Rajan and Julie Wulf #9633 (CF, LS)
• Teen Births Keep American Crime High
  Jennifer Hunt #9632 (LS, PE)
• Reciprocated Unilateralism: An Interest-Group Approach
  Pravin Krishna and Devashish Mitra #9631 (ITI)
• Does Returning to Work After Childbirth Affect Breastfeeding Practices?
  Pinka Chatterji and Kevin Frick #9630 (HE, C)
• Collective Investment Decision Making with Heterogeneous Time Preferences
  Christian Gollier and Richard Zeckhauser #9629 (EFG)
• Does Family Structure Affect Children's Educational Outcomes?
  Robert A. Pollak and Donna K. Ginther #9628 (ED, LS)
• Who Bears the Growing Cost of Science at Universities?
  Ronald G. Ehrenberg, Michael J. Rizzo, and George H. Jakubson #9627 (ED)
• Does Medicaid Pay Too Much for Prescription Drugs? A Case Study of Atypical Anti-Psychotics
  Mark G. Duggan #9626 (HE)
• Evolving Discretionary Practices of U.S. Anti-dumping Actvity
  Bruce A. Blonigen #9625 (ITI)
• How to Restructure Failed Banking Systems: Lessons from the U.S. in the 1930's and Japan in the 1990's
  Charles W. Calomiris and Joseph R. Mason #9624 (DAE, ME)
• Deflation: Prevention and Cure
  Willem H. Buiter #9623 (IFM, ME)

Week of April 7, 2003

• Fairness Versus Welfare: Notes on the Pareto Principle, Preferences, and Distributive Justice
  Louis Kaplow and Steven Shavell #9622 (LE, PE)
• Productivity Effects of TVE Privatization: The Case Study of Garment and Metal Casting Enterprises in the Greater Yangtze River
  Tetsushi Sonobe and Keijiro Otsuka #9621 (P)
• Bank Supervision and Corporate Finance
  Thorsten Beck, Asli Demirguc-Kunt, and Ross Levine #9620(AP, CF, ME)
• Is Business Cycle Volatility Costly? Evidence from Surveys of Subjective Well-being
  Justin Wolfers #9619 (EFG, LS)
• Military Expenditure, Threats, and Growth
  Joshua Aizenman and Reuven Glick #9618 (EFG, ITI)
• Why Plant-Level Productivity Studies are Often Misleading, and an Alternative Approach to Inference
  Haijime Katayama, Shihua Lu, and James R. Tybout #9617 (ITI, P)
• New Estimates of the Average Tariff of the United States, 1790-1820
  Douglas A. Irwin #9616 (DAE, ITI)
• Productivity in Pharmaceutical Biotechnology R&D: The Role of Experience and Alliances
  Patricia M. Danzon, Sean Nicholson, and Nuno Sousa Pereira #9615 (HE)
• Migration, Spillovers, and Trade Diversion: The Impact of Internalization on Stock Market Liquidity
  Ross Levine and Sergio L. Schmukler #9614 (IFM, AP)
• The State of U.S. Corporate Governance: What's Right and What's Wrong?
  Bengt Holmstrom and Steven N. Kaplan #9613 (CF, PE)
• Hog Round Marketing, Seed Quality, and Government Policy: Institutional Change in U.S. Cotton Production, 1920-1960
  Alan L. Olmstead and Paul W. Rhode #9612 (DAE)

Week of March 31, 2003

• Dynamic Seemingly Unrelated Cointegrating Regression
  Nelson C. Mark, Masao Ogaki, and Donggyu Sul #T292 (TWP)
• How Often to Sample a Continuous-Time Process in the Presence of Market Microstructure Noise
  Yacine Ait-Sahalia and Per A. Mykland #9611 (AP)
• Effects of Child Health on Parents' Relationship Status
  Nancy E. Reichman, Hope Corman, and Kelly Noonan #9610 (HE, C)
• The Effects of War Risk on U.S. Financial Markets
  Roberto Rigobon and Brian Sack #9609 (IFM, AP)
• The New Comparative Economics
  Simeon Djankov, Edward L. Glaeser, Rafael La Porta, Florencio Lopez-de-Silanes, and Andrei Shleifer #9608 (CF, EFG, LE, PE)
• The Evolution of High Incomes in Canada, 1920-2000
  Emmanuel Saez and Michael R. Veall #9607 (PE)
• A Brazilian-Type Debt Crisis: Simple Analytics
  Assaf Razin and Efraim Sadka #9606 (IFM)
• Expected Returns and Expected Dividend Growth
  Martin Lettau and Sydney C. Ludvigson #9605 (AP)
• Frictionless Technology and Diffusion: The Case of Tractors
  Rodolfo Manuelli and Ananth Seshadri #9604 (EFG, P)
• In-State versus Out-of-State Students: The Divergence of Interest between Public Universities and State Governements
  Jeffrey A. Groen and Michelle J. White #9603 (ED, LE, PE)
• The Effect of Automobile Insurance and Accident Liability Laws on Traffic Fatalities
  Alma Cohen and Rajeev Dehejia #9602 (LE, PE)
• Power-hungry Candidates, Policy Favors, and Pareto Improving Campaign Finance Reform
  Stephen Coate #9601 (PE))
• Antitrust Merger Policy: Lessons from the Australian Experience
  Philip L. Williams and Graeme Woodbridge #9600 (CF)
• Inflation Targeting and Sudden Stops
  Ricardo J. Caballero and Arvind Krishnamurthy #9599 (CF, EFG, IFM)
• Intellectual Property & External Consumption Effects: Generalizations from Pharmaceutical Markets
  Tomas Philipson and Stephane Mechoulan #9598 (HE)
• The Kindergarten Rule of Sustainable Growth
  William A. Brock and M. Scott Taylor #9597 (ITI)
• Transition Policy: A Conceptual Framework
  Louis Kaplow #9596 (LE, PE)

Week of March 24, 2003

• Generalized Moments Estimation for Panel Data
  Viliam Druska and William C. Horrace #T291 (TWP)
• Banks and Markets: The Changing Character of European Finance
  Luigi Zingales and Raghuram Rajan #9595 (CF)
• Historical Perspectives on U.S. Economic Geography
  Sukkoo Kim and Robert A. Margo #9594 (DAE, LS)
• Race and Pregnancy Outcomes in the Twentieth Century: A Long-Term Comparison
  Dora L. Costa #9593 (DAE, C, CS)
• Rail Reform Strategies: The Australian Experience
  Helen Owens #9592 (IO)
• A Workers' Lobby to Provide Portable Benefits
  Joni Hersch #9591 (LS)
• Union Participation in Strategic Decisions of Corporations
  Eileen Appelbaum and Larry W. Hunter #9590 (LS)
• Market Evaluations of Banking Fragility in Japan: Japan Premium, Stock Prices, and Credit Derivatives
  Takatoshi Ito and Kimie Harada #9589 (IFM, ME)
• Are There Civic Returns to Education?
  Thomas S. Dee #9588 (ED, C)
• What Do Financial Markets Think of War in Iraq?
  Andrew Leigh, Justin Wolfers, and Eric Zitzewitz #9587 (EFG, AP)

Week of March 17, 2003

• The Retirement-Consumption Puzzle: Anticipated and Actual Declines in Spending and Retirement
  Michael Hurd and Susann Rohwedder #9586 (A, EFG)
• The Effect of Expected Income on Individual Migration Decisions
  John Kennan and James R. Walker #9585 (EFG, LS)
• Does Education Improve Citizenship? Evidence from the U.S. and the U.K.
  Kevin Milligan, Enrico Moretti, and Philip Oreopoulos #9584 (ED)
• Financial Development and the Composition of Industrial Growth
  Raymond Fisman and Inessa Love #9583 (CF, EFG)
• Financial Dependence and Growth Revisited
  Raymond Fisman and Inessa Love #9582 (CF, EFG)
• The Measurement of Firm-Specific Organization Capital
  Baruch Lev and Suresh Radhakrishnan #9581 (EFG)
• Foreign Capital in Latin America in the Nineteenth and Twentieth Centuries
  Alan M. Taylor #9580 (DAE, IFM, ITI)
• Categorical Cognition: A Psychological Model of Categories and Identification in Decision Making
  Roland G. Fryer, Jr. and Matthew O. Jackson #9579 (LS)
• Openness and Growth: What's the Empirical Relationship?
  Robert E. Baldwin #9578 (ITI)
• Does Inflation Targeting Matter?
  Laurence Ball and Niamh Sheridan #9577 (EFG, ME)
• Active Labour Market Policies and the British New Deal for the Young Unemployed in Context
  John Van Reenen #9576 (LS)
• Sources of Corporate Financing and Economic Crisis in Korea
  Youngjae Lim #9575 (CF, IFM)
• Initial Public Offering and Corporate Governance in China's Transitional Economy
  Chen Chien-Hsun and Shih Hui-Tzu #9574 (CF)
• Charcteristics of Foreign-Owned Firms in British Manufacturing
  Rachel Griffith and Helen Simpson #9573 (LS, P)

Week of March 10, 2003

• Trader, Cops and Robbers
  James E. Anderson and Oriana Bandiera #9572 (ITI)
• An Econometric Model of Serial Correlation and Illiquidity in Hedge Fund Returns
  Mila Getmansky, Andrew W. Lo and Igor Makarov #9571 (AP)
• On the International Financial Architecture: Insuring Emerging Markets
  Ricardo J. Caballero #9570 (CF, EFG, IFM)
• How Workers Fare When Employers Innovate
  Snadra E. Black, Lisa Lynch, and Anya Krivelyova #9569 (LS)
• Monetary Rules for Small, Open, Emerging Economies
  Douglas Laxton and Paolo Pesenti #9568 (IFM)
• Subsidies to Employee Health Insurance Premiums and the Health Insurance Market
  Jonathan Gruber and Ebonya Washington #9567 (HE, PE)
• Modeling Model Uncertainty
  Alexei Onatski and Noah Williams #9566 (EFG, ME)
• Individual Rights and Collective Agents: The Role of Old and New Workplace Institution in the Regulation of Labor Markets
  David Weil #9565 (LS)
• The Surprising Retreat of Union Britain
  John Pencavel #9564 (LS)
• What Has Happened to Wages in Mexico since NAFTA?
  Gordon H. Hanson #9563 (ITI, LS)
• The Housing Market Impact of State-Level Anti-Discrimination Laws, 1960-1970
  William J. Collins #9562 (DAE)
• Lighting Up and Slimming Down: The Effects of Body Weight and Cigarette Prices on Adolescent Smoking Initiation
  John Cawley, Sara Markowitz, and John Tauras #9561 (HE)
• Regulation and Investment
  Alberto Alesina, Silvia Ardagna, Giuseppi Nicoletti, and Fabio Schiantarelli #9560 (EFG, IO)
• Implicit Contracts, the Great Depression, and Institutional Change: A Comparative Analysis of U.S. and Japanese Employment Relations, 1920-1940
  Chiaki Moriguchi #9559 (DAE)
• Backward-Looking Interest-Rate Rules, Interest-Rate Smoothing, and Macroeconomic Instability
  Jess Benhabib, Stephanie Schmitt-Grohe, and Martin Uribe #9558 (EFG, ME)
• Inflation Inertia and Credible Disinflation - The Open Economy Case
  Guillermo Calvo, Oya Cesalun, and Michael Kumhof #9557 (IFM)
• Pension Reform and Economic Performance in Britain in the 1980s and 1990s
  Richard Disney, Carl Emmerson, and Sarah Smith #9556 (A, LS)
• A Decomposition of Global Linkages in Financial Markets Over Time
  Kristin J. Forbes and Menzie D. Chinn #9555 (IFM)

Week of March 3, 2003

• The (Interesting) Dynamic Properties of the Neoclassical Growth Model with CES Production
  Kent Smetters #T290 (TWP)
• Iatrogenic Specification Error: A Cautionary Tale of Cleaning Data
  Christopher R. Bollinger and Amitabh Chandra #T289 (TWP)
• Exploring the Health-Wealth Nexus
  Jonathan Meer, Douglas L. Miller, and Harvey S. Rosen #9554 (PE)
• The Impact of Federal Tax Credits for Higher Education Expenses
  Bridget Terry Long #9553 (ED, PE, C)
• Putting 'M' back in Monetary Policy
  Eric M. Leeper and Jennifer E. Roush #9552 (EFG, ME)
• Why Does Financial Development Matter? The United States from 1900 to 1940
  Rajeev Dehejia and Adriana Lleras-Muney #9551 (DAE, ME))
• Labor Market Status of Older Males in the United States, 1880-1940
  Chulhee Lee #9550 (DAE, LS)
• Lead Water Pipes and Infant Mortality in Turn-of-the-Century Massachusetts
  Werner Troesken #9549 (A, C, DAE)
• Consumption Risk and Expected Stock Returns
  Jonathan A. Parker #9548 (AP, ME)
• Strategic Asset allocation in a Continuous-Time VAR Model
  John Y. campbell, George Chacko, Jorge Rodriguez, and Luis M. Viciera #9547 (AP, ME, EFG)
• Estimating Distributions of Treatment Effects with an Application to the Returns to Schooling and Measurement of the Effects of Uncertainty on College Choice
  Pedro Carneiro, Karsten T. Hansen, and James J. Heckman #9546 (C, ED, LS)
• Does Teacher Testing Raise Teacher Quality? Evidence from State Certification Requirements
  Joshua D. Angrist and Jonathan Guryan #9545(C, ED, LS)
• Analysts' Conflict of Interest and Biases in Earnings Forecasts
  Louis K.C. Chan, Jason Karceski, and Josef Lakonishok #9544 (AP)
• Endogenous Exchange Rate Pass-through when Nominal Prices are Set in Advance
  Michael B. Devereux, Charles Engel, and Peter E. Storgaard #9543 (IFM)
• A Catering Theory of Dividends
  Malcolm Baker and Jeffrey Wurgler #9542 (CF)
• Does Insider Trading Raise Market Volatility?
  Julan Du and Shang-Jin Wei #9541 (AP, IFM)
• The Reallocation of Compensation in Response to Health Insurance Premium Increases
  Dana P. Goldman, Neeraj Sood, and Arleen A. Leibowitz #9540 (HE, LS)
• The Life Cycles of Modern Artists: Theory, Measurement, and Implications
  David W. Galenson #9539 (LS)
• Consumption Risk and Cross-Sectional Returns
  Jonathan A. Parker and Christian Julliard #9538 (AP, ME, EFG)
• The Effect of Payroll Tax on Earnings: A Test of Competing Models of Wage Determination
  Kevin Lang #9537 (LS, PE)
• The Cyclical Behavior of Equilibrium Unemployment and Vacancies: Evidence and Theory
  Robert Shimer #9536 (EFG)
• A New Summary Measure of the Effective Tax Rate on Investment
  Roger Gordon, Laura Kalambokidis, and Joel Slemrod #9535 (PE)

Week of February 24, 2003

• Multinomial Choice with Social Interaction
  William A. Brock and Steven N. Durlauf #T288 (TWP)
• Merchant Transmission Investment
  Paul L. Joskow and Jean Tirole #9534 (IO)
• International Agreements on Product Standards: An Incomplete-Contracting Theory
  Giovanni Maggi and Pierpaolo Battigalli #9533 (ITI)
• Further Evidence that Legalized Abortion Lowered Crime: A Reply to Joyce
  John J. Donohue III and Steven D. Levitt #9532 (HC, LE, LS)
• Freight Rates and Productivity Gains in British Tramp Shipping 1869-1950
  Saif I. Shah Mohammed and Jeffrey G. Williamson #9531 (DAE, ITI, P)
• Why is Productivity Growing Faster?
  Martin Feldstein #9530 (PE)
• Price Discovery in the U.S. Treasury Market: The Impact of Orderflow and Liquidity on the Yield Curve
  Michael W. Brandt and Kenneth A. Kavajecz #9529 (AP, ME)
• Knife Edge of Plateau: When Do Market Models Tip?
  Glenn Ellison and Drew Fudenberg #9528 (IO)
• CEO Turnover and Foreign Market Participation
  Bruce A. Blonigen and Rossitza B. Wooster #9527 (CF, ITI)
• Measuring Capital
  W. Erwin Diewert #9526 (EFG, P)
• Equity Premium in Retrospect
  Rajnish Mehra and Edward Prescott #9525 (AP)
• Strikes, Scabs and Tread Separations: Labor Strife and the Production of Defective Bridgestone/Firestone Tires
  Alan B. Krueger and Alexandre Mas #9524 (LS)
• Do Shareholders of Acquiring Firms Gain from Acquisitions?
  Sara B. Moeller, Frederik P. Schlingemann and Rene M. Stulz #9523 (AP, CF)
• Deflation, Silent Runs, and Bank Holidays, in the Great Contraction
  Hugh Rockoff #9522 (DAE, ME)
• Doomed to Deficits? Aggregate U.S. Trade Flows Re-examined
  Menzie Chinn #9521 (IFM, ITI)
• Is Deflation Depressing? Evidence from the Classical Gold Standard Period
  Michael D. Bordo and Angela Redish #9520 (DAE, ME)
• What Can be Learned from Skeletons that Might Interest Economists, Historians and Other Social Scientists?
  Richard H. Steckel #9519 (DAE)
• Time in Purgatory: Determinants of the Grant Lag for U.S. Patent Applications
  David Popp, Ted Juhl, and Daniel K.N. Johnson #9518 (P)
• Export-Platform Foreign Direct Investment
  Karolina Ekholm, Rikard Forslid, and James R. Markusen #9517 (ITI)

---

Week of February 17, 2003

• Resident and Nonresident Tuition and Enrollment at Flagship State Universities
  Michael J. Rizzo and Ronald G. Ehrenberg #9516 (ED)
• Do Asset Prices Reflect Fundamentals? Freshly Squeezed Evidence from the OJ Market
  Jacob Boudoukh, Matthew Richardson, YuQing Shen, and Robert F. Whitelaw #9515 (AP)
• A Currency of One's Own? An Empirical Investigation on Dollarization and Independent Currency Unions
  Sebastian Edwards and Igal Magendzo #9514 (IFM)
• Geography and Racial Health Disparities
  Amitabh Chandra and Jonathan Skinner #9513 (HC)
• The Equity Premium: Why is it a Puzzle?
  Rajnish Mehra #9512 (AP)
• International Price-Fixing Cartels and Developing Countries: A Discussion of Effects and Policy Remedies
  Margaret Levenstein, Valerie Suslow, and Lynda Oswald #9511 (DAE)
• Market Integration and Contagion
  Geert Bekaert, Campbell R. Harvey, and Angela Ng #9510 (AP, IFM)
• Bad Beta, Good Beta
  John Y. Campbell and Tuomo Vuolteenaho #9509 (AP)

Week of February 10, 2003

• Job Loss Expectations, Realizations, and Household Consumption Behavior
  Melvin Stephens, Jr. #9508 (LS)
• Who Shall Live and Who Shall Die? An Analysis of Prisoners on Death Row in the United States
  Laura Argys and Naci Mocan #9507 (HE, PE)
• Fiscal Policy and Inflation: Pondering the Imponderables
  Eric M. Leeper #9506 (EFG)
• Education Saving Incentives and Household Saving: Evidence from the 2000 TIAA-CREF Survey of Participant Finances
  Jennifer Ma #9505 (ED)
• Multinational Enterprises, International Trade, and Productivity Growth: Firm-Level Evidence from the United States
  Wolfgang Keller and Stephen R. Yeaple #9504 (ITI, P)
• Taxation of Interest Income
  Roger H. Gordon #9503 (PE)
• Fairness and Redistribution: U.S. versus Europe
  Alberto Alesina and George-Marios Angeletos #9502 (EFG, PE)
• Peer Effects in Higher Education
  Gordon C. Winston and David J. Zimmerman #9501 (ED)
• Capital Account Openness and the Varieties of Growth Experience
  Michael W. Klein #9500 (IFM)
• Disposition Matters: Volume, Volatility and Price Impact of a Behavioral Bias
  William N. Goetzmann and Massimo Massa #9499 (AP)
• Can Information Heterogeneity Explain the Exchange Rate Determination Puzzle?
  Eric van Wincoop and Philippe Bacchetta #9498 (IFM)
• Using Matching, Instrumental Variables and Control Functions to Estimate Economic Choice Models
  James Heckman and Salvador Navarro-Lozano #9497 (C, ED, LS, PE)
• Retirement Incentives and Couples' Retirement Decisions
  Courtney Coile #9496 (A, LS, PE)
• Human Capital Policy
  James Heckman and Pedro Carneiro #9495 (C, ED, LS, PE))

Week of February 3, 2003

• Micro-Stimulation of Social Security Reform in Belgium
  Raphael Desmet, Alain Jousten, Sergio Perelman, and Pierre Pestieau #9494 (A, C, PE)
• Will the Sovereign Debt Market Survive?
  Andrei Shleifer #9493 (AP, CF, IFM, LE, PE)
• Consumption Taxes and Economic Efficiency in a Stochastic OLG Economy
  Shinichi Nishiyama and Kent Smetters #9492 (PE)
• Monetary Policy for Inattentive Economies
  Laurence Ball, N. Gregory Mankiw, and Ricardo Reis #9491 (EFG, ME)
• Institutions Don't Rule: Direct Effects of Geography on Per Capita Income
  Jeffrey D. Sachs #9490 (EFG, IFM)
• The Economics of Foreign Direct Investment Incentives
  Magnus Blomstrom and Ari Kokko #9489 (ITI)
• Capital Account Liberalization, The Cost of Capital, and Economic Growth
  Peter Blair Henry #9488 (CF, IFM)
• The Value of a Statistical Life: A Critical Review of Market Estimates throughout the World
  W. Kip Viscusi and Joseph E. Aldy #9487 (HC, LE)
• Monetary Policy and Real Stabilization
  Lars E. O. Svensson #9486 (EFG, IFM, ME)
• Border Delays and Trade Liberalization
  Edgar Cudmore and John Whalley #9485 (ITI)
• Constraints on the Level and Efficient Use of Labor in Japan
  Hiroshi Ono and Marcus E. Rebick #9484 (LS)
• Economic Analysis of Accident Law
  Steven Shavell #9483 (LE)
• Do and Should Financial Aid Packages Affect Students' College Choices?
  Christopher Avery and Caroline Hoxby #9482 (C, ED)
• Equity Market Liberalizations as Country IPOs
  Rodolfo Martell and Rene M. Stulz #9481 (AP, CF, IFM)

Week of January 27, 2003

• Individual Subjective Survival Curves
  Li Gan, Michael Hurd, and Daniel McFadden #9480 (A)
• The Center and the Periphery: The Globalization of Financial Turmoil
  Graciela Kaminsky and Carmen Reinhart #9479 (IFM)
• The Emergence of Strong Property Rights: Speculations from History
  Raghuram Rajan and Luigi Zingales #9478 (CF)
• Do We Now Collect Any Revenue from Taxing Capital Income?
  Roger Gordon, Laura Kalambokidis, and Joel Slemrod #9477 (PE)
• Is the Convergence in the Racial Wage Gap Illusory?
  Amitabh Chandra #9476 (ED, LS)
• An Equilibrium Analysis of Real Estate
  Steven R. Grenadier #9475 (AP)
• Individual Perceptions of the Criminal Justice System
  Lance Lochner #9474 (LS, PE, C)
• Unionization and Wage Inequality: A Comparitive Study of the U.S., the U.K., and Canada
  David Card, Thomas Lemieux, and W. Craig Riddell #9473 (LS))
• Welfare Transitions in the 1990's: The Economy, Welfare Policy, and the EITC
  Jeffrey Grogger #9472 (LS, PE)
• Competition Among Hospitals
  Martin Gaynor and William B. Vogt #9471 (HE)
• Investor Sentiment in Japanese and U.S. Daily Mutual Fund Flows
  Stephen J. Brown, William N. Goetzmann, Takato Hiraki, Noriyoshi Shirishi, and Masahiro Watanabe #9470 (AP)
• Modeling and Measuring Russian Corporate Governance: The Case of Russian Preferred and Common Shares
  William N. Goetzmann, Matthew Spiegel, and Andrey Ukhov #9469 (AP)
• Healthy Living in Hard Times
  Christopher J. Ruhm #9468 (HE)
• The collapse of a medical clearinghouse (and why such failures are rare)
  C. Nicholas McKinney, Muriel Niederle, and Alvin E. Roth #9467 (LS)
• Efficiency and the Bear: Short Sales and Markets around the World
  Arturo Bris, William N. Goetzmann, and Ning Zhu #9466 (AP)
• Rain or Shine: Where is the Weather Effect?
  William N. Goetzmann and Ning Zhu #9465 (AP)
• Fees on Fees in Funds of Funds
  Stephen J. Brown, William N. Goetzmann, and Bing Liang #9464 (AP)

Week of January 20, 2003

• Universities, Joint Ventures, and Success in the Advanced Technology Program
  Michael R. Darby, Lynne G. Zucker, and Andrew Wang #9463 (P)
• Owner Occupied Housing as a Hedge Against Rent Risk
  Todd Sinai and Nicholas Souleles #9462 (EFG, A, ME, AP)
• Diversification and the Optimal Construction of Basis Portfolios
  Bruce N. Lehmann and David M. Modest #9461 (AP)
• Health Policy and Technological Change: Evidence from the Vaccine Industry
  Amy Finkelstein #9460 (HE, P, PE)
• Has Monetary Policy Become More Effective?
  Jean Boivin and Marc P. Giannoni #9459 (ME)
• Time-Consistent No-Arbitrage Models of the Term Structure
  Michael W. Brandt and Amir Yaron #9458 (AP)
• Gaucho Banking Redux
  Gerardo della Paolera and Alan M. Taylor #9457 (DAE, IFM)
• Inter-Asset Differences in Effective Estate Tax Burdens
  James Poterba and Scott Weisbenner #9456 (PE)
• Simulating the Response to Reform of Canada's Income Security Programs
  Michael Baker, Jonathan Gruber, and Kevin Milligan #9455 (A, LS, PE)
• The cash flow, return and risk characteristics of private equity
  Alexander Ljungqvist and Matthew Richardson #9454 (AP)
• Portfolio Choice and Health Status
  Harvey S. Rosen and Stephen Wu #9453 (AP, HE, PE)
• Omitted Product Attributes in Discrete Choice Models
  Amil Petrin and Kenneth Train #9452 (IO)
• Letting States do the Dirty Work: State Responsibility for Federal Environmental Regulation
  Hilary Sigman #9451 (PE)
• Regulation, Distribution Efficiency, and Retail Density
  David Flath #9450 (IO, ITI)
• Testing Theories of Discrimination: Evidence from "Weakest Link"
  Steven D. Levitt #9449 (LS, LE)
• Legacies in Black and White: The Racial Composition of the Legacy Pool
  Cameron Howell and Sarah E. Turner #9448 (ED)
• Distance, Skill Deepening and Development: Will Peripheral Countries Ever Get Rich?
  Stephen Redding and Peter K. Schott #9447 (ITI)
• Why Have Americans Become More Obese?
  David Cutler, Edward Glaeser, and Jesse Shapiro #9446 (A, HE, C)
• The Productivity of U.S. States Since 1880
  Kris James Mitchener and Ian W. McLean #9445 (DAE)
• Inefficiency of Corporate Investment and Distortion of Savings Behavior in Japan
  Albert Ando, Dimitrios Christelis, and Tsutomu Miyagawa #9444 (EFG)
• The Reponse of the Informal Sector to Trade Liberalization
  Pinelopi K. Goldberg and Nina Pavcnik #9443 (ITI)
• Dynastic Management
  Francesco Caselli and Nicola Gennaioli #9442 (EFG, AP)