New This Week Archive
NBER Working Papers released in the past, by week.
Weekly papers released by March 31, 2014
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The Impact of Emerging Climate Risks on Urban Real Estate Price Dynamics
Devin Bunten and Matthew E. Kahn #20018 (AP EEE PE)
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The Nature of Surgeon Human Capital Depreciation
Jason M. Hockenberry and Lorens A. Helmchen #20017 (HC HE)
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Specialty Drug Prices and Utilization After Loss of U.S. Patent Exclusivity, 2001-2007
Rena M. Conti and Ernst R. Berndt #20016 (HC HE PR)
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Second Liens and the Holdup Problem in Mortgage Renegotiation
Sumit Agarwal, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Yan Zhang #20015 (CF)
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Intellectual Property Rights, the Pool of Knowledge, and Innovation
Joseph E. Stiglitz #20014 (PE PR)
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Preferences, Selection, and Value Added: A Structural Approach
Şaziye Pelin Akyol and Kala Krishna #20013 (ED PE)
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Why Stars Matter
Ajay Agrawal, John McHale, and Alexander Oettl #20012 (LS PR)
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Predictability and Power in Legislative Bargaining
S. Nageeb Ali, B. Douglas Bernheim, and Xiaochen Fan #20011 (PE POL)
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Using Social Media to Measure Labor Market Flows
Dolan Antenucci, Michael Cafarella, Margaret C. Levenstein, Christopher Ré, and Matthew D. Shapiro #20010 (EFG LS ME PR)
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Debt, Taxes, and Liquidity
Patrick Bolton, Hui Chen, and Neng Wang #20009 (AP CF PE)
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On the Role of Group Size in Tournaments: Theory and Evidence from Lab and Field Experiments
John A. List, Daan Van Soest, Jan Stoop, and Haiwen Zhou #20008 (IO PE)
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The Behavioralist As Tax Collector: Using Natural Field Experiments to Enhance Tax Compliance
Michael Hallsworth, John A. List, Robert D. Metcalfe, and Ivo Vlaev #20007 (PE)
Weekly papers released by March 24, 2014
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Does Classroom Time Matter? A Randomized Field Experiment of Hybrid and Traditional Lecture Formats in Economics
Theodore J. Joyce, Sean Crockett, David A. Jaeger, Onur Altindag, and Stephen D. O'Connell #20006 (ED)
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Unintended Consequences of Products Liability: Evidence from the Pharmaceutical Market
Eric Helland, Darius Lakdawalla, Anup Malani, and Seth A. Seabury #20005 (HC HE LE PE)
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Democracy Does Cause Growth
Daron Acemoglu, Suresh Naidu, Pascual Restrepo, and James A. Robinson #20004 (DEV EFG POL)
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Commodity-Price Comovement and Global Economic Activity
Ron Alquist and Olivier Coibion #20003 (EFG IFM ME)
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A Global View of Cross-Border Migration
Julian di Giovanni, Andrei A. Levchenko, and Francesc Ortega #20002 (IFM ITI)
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Option Value of Work, Health Status, and Retirement Decisions in Japan: Evidence from the Japanese Study on Aging and Retirement (JSTAR)
Satoshi Shimizutani, Takashi Oshio, and Mayu Fujii #20001 (PE)
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Getting Better or Feeling Better? How Equity Investors Respond to Investment Experience
John Y. Campbell, Tarun Ramadorai, and Benjamin Ranish #20000 (AP)
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Payments Infrastructure and the Performance of Public Programs: Evidence from Biometric Smartcards in India
Karthik Muralidharan, Paul Niehaus, and Sandip Sukhtankar #19999 (DEV PE POL)
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Risk Adjustment of Health Plan Payments to Correct Inefficient Plan Choice from Adverse Selection
Jacob Glazer, Thomas G. McGuire, and Julie Shi #19998 (HC)
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Anatomy of a Credit Crunch: From Capital to Labor Markets
Francisco J. Buera, Roberto Fattal-Jaef, and Yongseok Shin #19997 (EFG)
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Less Cash, Less Crime: Evidence from the Electronic Benefit Transfer Program
Richard Wright, Erdal Tekin, Volkan Topalli, Chandler McClellan, Timothy Dickinson, and Richard Rosenfeld #19996 (HE LE LS PE)
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Fiscal Federalism and Legislative Malapportionment:
Causal Evidence from Independent but Related Natural Experiments
Sebastian Galiani, Iván Torre, and Gustavo Torrens #19995 (DEV)
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Optimal Development Policies with Financial Frictions
Oleg Itskhoki and Benjamin Moll #19994 (DEV EFG IFM)
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Price Cutting and Business Stealing in Imperfect Cartels
B. Douglas Bernheim and Erik Madsen #19993 (IO)
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Trade, Skills, and Quality Upgrading: A Theory with Evidence from Colombia
Ana Cecília Fieler, Marcela Eslava, and Daniel Xu #19992 (ITI PR)
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Evasive Shareholder Meetings
Yuanzhi Li and David Yermack #19991 (CF LE)
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Large and Small Sellers: A Theory of Equilibrium Price Dispersion with Sequential Search
Guido Menzio and Nicholas Trachter #19990 (EFG IO)
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Who Benefits when the Government Pays More? Pass-Through in the Medicare Advantage Program
Mark Duggan, Amanda Starc, and Boris Vabson #19989 (HE PE)
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Optimal Employment Contracts with Hidden Search
Rasmus Lentz #19988 (EFG)
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The Causal Effects of Competition on Innovation: Experimental Evidence
Philippe Aghion, Stefan Bechtold, Lea Cassar, and Holger Herz #19987 (PR)
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Putting integrity Into Finance: A Purely Positive Approach
Werner Erhard and Michael C. Jensen #19986 (CF)
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Nonlinearities in Sovereign Risk Pricing: The Role of CDS Index Contracts
Anne-Laure Delatte, Julien Fouquau, and Richard Portes #19985 (AP IFM)
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Why Do Banks Practice Regulatory Arbitrage? Evidence from Usage of Trust Preferred Securities
Nicole M. Boyson, Rüdiger Fahlenbrach, and René M. Stulz #19984 (AP CF)
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Education, Health and Wages
James J. Heckman, John Eric Humphries, Gregory Veramendi, and Sergio Urzúa #19971 (CH ED HC HE LS POL TWP)
Weekly papers released by March 17, 2014
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Instrumental Variables: An Econometrician's Perspective
Guido W. Imbens #19983 (LS)
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Global Benefits of Marine Protected Areas
James Rising and Geoffrey Heal #19982 (EEE)
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The Effects of Monetary Policy on Stock Market Bubbles: Some Evidence
Jordi Gali and Luca Gambetti #19981 (AP EFG ME)
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The Transmission of Federal Reserve Tapering News to Emerging Financial Markets
Joshua Aizenman, Mahir Binici, and Michael M. Hutchison #19980 (IFM)
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Does grief transfer across generations? In-utero deaths and child outcomes
Sandra E. Black, Paul J. Devereux, and Kjell G. Salvanes #19979 (CH ED LS)
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Suicide and Property Rights in India
Siwan Anderson and Garance Genicot #19978 (DEV)
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How Do Electricity Shortages Affect Productivity? Evidence from India
Hunt Allcott, Allan Collard-Wexler, and Stephen D. O'Connell #19977 (DEV EEE IO PR)
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Aspirations and Inequality
Garance Genicot and Debraj Ray #19976 (DEV)
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Risk, Ambiguity, and the Exercise of Employee Stock Options
Yehuda Izhakian and David Yermack #19975 (AP CF)
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One Fundamental and Two Taxes:
When Does a Tobin Tax Reduce Financial Price Volatility?
Yongheng Deng, Xin Liu, and Shang-Jin Wei #19974 (AP DEV IFM)
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Uncertainty Traps
Pablo Fajgelbaum, Edouard Schaal, and Mathieu Taschereau-Dumouchel #19973 (EFG)
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Rating Agencies
Harold Cole and Thomas F. Cooley #19972 (CF EFG)
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Liquidity Trap and Excessive Leverage
Anton Korinek and Alp Simsek #19970 (EFG IFM ME)
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Estimating the Risk-Return Trade-off with Overlapping Data Inference
Esben Hedegaard and Robert J. Hodrick #19969 (AP)
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Exporters and Shocks: Dissecting the International Elasticity Puzzle
Doireann Fitzgerald and Stefanie Haller #19968 (IFM ITI)
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Macroprudential Policies in a Global Perspective
Olivier Jeanne #19967 (IFM)
Weekly papers released by March 10, 2014
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The Missing "Missing Middle"
Chang-Tai Hsieh and Benjamin A. Olken #19966 ( DEV EFG PE PR)
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Household Demand for Low Carbon Public Policies: Evidence from California
Matthew J. Holian and Matthew E. Kahn #19965 (EEE PE POL)
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Public Transit Bus Procurement: The Role of Energy Prices, Regulation and Federal Subsidies
Shanjun Li, Matthew E. Kahn, and Jerry Nickelsburg #19964 (EEE PE POL)
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Uncovered Equity Parity and Rebalancing in International Portfolios
Stephanie E. Curcuru, Charles P. Thomas, Francis E. Warnock, and Jon Wongswan #19963 (IFM)
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German-Jewish Emigres and U.S. Invention
Petra Moser, Alessandra Voena, and Fabian Waldinger #19962 (DAE LS PR)
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Empowering Women: The Effect of Schooling on Young Women's Knowledge and Use of Contraception
Mabel Andalón, Jenny Williams, and Michael Grossman #19961 (HE)
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Managing Credit Bubbles
Alberto Martin and Jaume Ventura #19960 (EFG)
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Matching Methods in Practice: Three Examples
Guido W. Imbens #19959 (LS)
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Asset Prices in a Lifecycle Economy
Roger E.A. Farmer #19958 (EFG IFM)
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Leverage and Beliefs: Personal Experience and Risk Taking in Margin Lending
Peter Koudijs and Hans-Joachim Voth #19957 (AP)
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Negative Tests and the Efficiency of Medical Care: What Determines Heterogeneity in Imaging Behavior?
Jason Abaluck, Leila Agha, Christopher Kabrhel, Ali Raja, and Arjun Venkatesh #19956 (AG HC HE PE)
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Caveat Lector: Sample Selection in Historical Heights and the Interpretation of Early Industrializing Economies
Howard Bodenhorn, Timothy Guinnane, and Thomas Mroz #19955 (DAE)
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The Effects of Medicare on Medical Expenditure Risk and Financial Strain
Silvia Helena Barcellos and Mireille Jacobson #19954 (HC HE)
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Opting Out of Good Governance
C. Fritz Foley, Paul Goldsmith-Pinkham, Jonathan Greenstein, and Eric Zwick #19953 (CF)
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Using Bankruptcy to Reduce Foreclosures: Does Strip-down of Mortgages Affect the Supply of Mortgage Credit?
Wenli Li, Ishani Tewari, and Michelle J. White #19952 (LE)
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Trapped Factors and China's Impact on Global Growth
Nicholas Bloom, Paul M. Romer, Stephen J. Terry, and John Van Reenen #19951 (DEV EFG IFM ITI PR)
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The Sad Truth About Happiness Scales
Timothy N. Bond and Kevin Lang #19950 (DEV LS PE)
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Election Fairness and Government Legitimacy in Afghanistan
Eli Berman, Michael Callen, Clark Gibson, and James D. Long #19949 (DEV POL)
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A Century of Capital Structure: The Leveraging of Corporate America
John R. Graham, Mark T. Leary, and Michael R. Roberts #19910 (CF)
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Trial and Settlement: A Study of High-Low Agreements
J.J. Prescott, Kathryn E. Spier, and Albert Yoon #19873 (LE)
Weekly papers released by March 3, 2014
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Effects of Prescription Drug Insurance on Hospitalization and Mortality: Evidence from Medicare Part D
Robert Kaestner, Cuiping Long, and G. Caleb Alexander #19948 ( HE)
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Patents as Quality Signals? The Implications for Financing Constraints on R&D
Dirk Czarnitzki, Bronwyn H. Hall, and Hanna Hottenrott #19947 ( CF PR)
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Maturity Rationing and Collective Short-Termism
Konstantin Milbradt and Martin Oehmke #19946 ( CF)
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Do Loan Officers’ Incentives Lead to Lax Lending Standards?
Sumit Agarwal and Itzhak Ben-David #19945 ( CF)
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Particulate Pollution and the Productivity of Pear Packers
Tom Chang, Joshua Graff Zivin, Tal Gross, and Matthew Neidell #19944 ( EEE HC HE LS)
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The Political Coase Theorem: Experimental Evidence
Sebastian Galiani, Gustavo Torrens, and Maria Lucia Yanguas #19943 ( DEV)
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In with the Big, Out with the Small: Removing Small-Scale Reservations in India
Leslie Martin, Shanthi Nataraj, and Ann Harrison #19942 ( DEV ITI)
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Trade and Uncertainty
Dennis Novy and Alan M. Taylor #19941 ( EFG IFM ITI)
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Breastfeeding and Child Disability: A Comparison of Siblings from the United States
George L. Wehby #19940 ( CH HC HE)
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Did Robert Bork Understate the Competitive Impact of Mergers? Evidence from Consummated Mergers
Orley C. Ashenfelter, Daniel Hosken, and Matthew C. Weinberg #19939 ( IO LE)
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Exiting from QE
Fumio Hayashi and Junko Koeda #19938 ( ME)
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Understanding the Role of Time-Varying Unobserved Ability Heterogeneity in Education Production
Weili Ding and Steven F. Lehrer #19937 ( ED)
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The Economics of Work Schedules under the New Hours and Employment Taxes
Casey B. Mulligan #19936 ( EFG LS PE)
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Heterogeneous Paths Through College: Detailed Patterns and Relationships with Graduation and Earnings
Rodney Andrews, Jing Li, and Michael F. Lovenheim #19935 ( ED LS)
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Learning From the Doers: Developing Country Lessons for Advanced Economy Growth
Anusha Chari and Peter Blair Henry #19934 ( EFG IFM)
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Institutions, Human Capital and Development
Daron Acemoglu, Francisco A. Gallego, and James A. Robinson #19933 ( DEV)
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Equilibrium Tax Rates and Income Redistribution: A Laboratory Study
Marina Agranov and Thomas R. Palfrey #19918 ( POL)
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Equalizing Superstars: The Internet and the Democratization of Education
Daron Acemoglu, David Laibson, and John A. List #19851 ( ED)
Weekly papers released by February 24, 2014
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The Labor Market Effects of Reducing Undocumented Immigrants
Andri Chassamboulli and Giovanni Peri #19932 (LS)
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Liquidity Risk and the Dynamics of Arbitrage Capital
Péter Kondor and Dimitri Vayanos #19931 (AP)
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Retirement Security in an Aging Society
James M. Poterba #19930 (AG PE)
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Endogenous Co-residence and Program Incidence: South Africa’s Old Age Pension
Amar Hamoudi and Duncan Thomas #19929 (DEV)
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Adjusting Body Mass for Measurement Error with Invalid Validation Data
Charles Courtemanche, Joshua C. Pinkston, and Jay Stewart #19928 (HE)
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The Safety Trap
Ricardo J. Caballero and Emmanuel Farhi #19927 (AP ME)
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The Growing Dependence of Britain on Trade during the Industrial Revolution
Gregory Clark, Kevin Hjortshøj O'Rourke, and Alan M. Taylor #19926 (DAE EFG ITI)
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The Economics of Human Development and Social Mobility
James J. Heckman and Stefano Mosso #19925 (CH ED POL)
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The Argentina Paradox: Microexplanations and Macropuzzles
Alan M. Taylor #19924 (DAE DEV EFG IFM)
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Trade Liberalization in Manufacturing and Accelerated Growth in Services in India
Rajeev Dehejia and Arvind Panagariya #19923 ( ITI)
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Driving to Opportunity: Local Rents, Wages, Commuting Costs and Sub-Metropolitan Quality of Life
David Albouy and Bert Lue #19922 (EEE LS PE)
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The Learning Process and Technological Change in Wind Power: Evidence from China’s CDM Wind Projects
Tian Tang and David Popp #19921 (EEE PR)
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The Effectiveness of Mandatory Mortgage Counseling: Can One Dissuade Borrowers from Choosing Risky Mortgages?
Sumit Agarwal, Gene Amromin, Itzhak Ben-David, Souphala Chomsisengphet, and Douglas Evanoff #19920 (CF)
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Urban Population and Amenities
David Albouy and Bryan Stuart #19919 (EEE LS PE)
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Foreign Ownership of U.S. Safe Assets: Good or Bad?
Jack Favilukis, Sydney C. Ludvigson, and Stijn Van Nieuwerburgh #19917 (AP EFG IFM)
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Gravity and Extended Gravity: Using Moment Inequalities to Estimate a Model of Export Entry
Eduardo Morales, Gloria Sheu, and Andrés Zahler #19916 (ITI)
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The Dynamic Effects of Educational Accountability
Hugh Macartney #19915 (CH ED LS PE)
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Debt Crises and Risk Sharing: The Role of Markets versus Sovereigns
Sebnem Kalemli-Ozcan, Emiliano E. Luttini, and Bent Sørensen #19914 (IFM)
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Financial Incentives, Health and Retirement in Spain
Pilar García-Gómez, Sergi Jiménez-Martín, and Judit Vall Castelló #19913 (AG HE PE)
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Big-Box Retailers and Urban Carbon Emissions: The Case of Wal-Mart
Matthew E. Kahn and Nils Kok #19912 (EEE PE PR)
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Fiscal Multipliers in Japan
Alan J. Auerbach and Yuriy Gorodnichenko #19911 (EFG PE)
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Is It Too Late to Bail Out the Troubled Countries in the Eurozone?
Juan Carlos Conesa and Timothy J. Kehoe #19909 (EFG IFM)
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Union Organizing Decisions in a Deteriorating Environment: The Composition of Representation Elections and the Decline in Turnout
Henry S. Farber #19908 (LS)
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Effect of Pensions and Disability Benefits on Retirement in the UK
James Banks, Carl Emmerson, and Gemma Tetlow #19907 (AG)
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Relaxing Occupational Licensing Requirements: Analyzing Wages and Prices for a Medical Service
Morris M. Kleiner, Allison Marier, Kyoung Won Park, and Coady Wing #19906 (IO LE LS)
Weekly papers released by February 17, 2014
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Collaborating With People Like Me: Ethnic co-authorship within the US
Richard B. Freeman and Wei Huang #19905 (LS)
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Regulatory Redistribution in the Market for Health Insurance
Jeffrey Clemens #19904 (HC HE PE)
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A New Approach to Explaining the Value of Colonial Paper Money: Evidence from New Jersey, 1709-1775
Farley Grubb #19903 (DAE ME)
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The Role of Health in Retirement
Alan L. Gustman and Thomas L. Steinmeier #19902 (AG HE LS PE)
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Acquisitions, Productivity, and Profitability: Evidence from the Japanese Cotton Spinning Industry
Serguey Braguinsky, Atsushi Ohyama, Tetsuji Okazaki, and Chad Syverson #19901 (CF DEV IO PR)
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Can Intangible Capital Explain Cyclical Movements in the Labor Wedge?
Francois Gourio and Leena Rudanko #19900 (EFG ME)
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Optimal Tax Progressivity: An Analytical Framework
Jonathan Heathcote, Kjetil Storesletten, and Giovanni L. Violante #19899 (EFG PE POL)
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Are Chinese Markets for Manufactured Products More Competitive than in the US?: A Comparison of China –US Industrial Concentration Ratios
Jun Wang and John Whalley #19898 (DEV IO)
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An Optimizing Neuroeconomic Model of Discrete Choice
Michael Woodford #19897 (EFG)
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Efficiency versus Equity in the Allocation of Medical Specialty Training Positions in Spain: A Health Policy Simulation Based on a Discrete Choice Model
Jeffrey E. Harris, Beatriz G. López-Valcórcel, Patricia Barber, and Vicente Ortún #19896 (HC HE PE)
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The Demise of U.S. Economic Growth: Restatement, Rebuttal, and Reflections
Robert J. Gordon #19895 (DAE EFG PR)
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Search Frictions and Market Power in Negotiated Price Markets
Jason Allen, Robert Clark, and Jean-François Houde #19883 (IO)
Weekly papers released by February 10, 2014
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Young, Restless and Creative: Openness to Disruption and Creative Innovations.
Daron Acemoglu, Ufuk Akcigit, and Murat Alp Celik #19894 (EFG PR)
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Are Chinese Growth and Inflation Too Smooth? Evidence from Engel Curves
Emi Nakamura, Jón Steinsson, and Miao Liu #19893 (DEV EFG IFM ME)
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Effects of Index-Fund Investing on Commodity Futures Prices
James D. Hamilton and Jing Cynthia Wu #19892 (AP EEE ME)
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Scale and Skill in Active Management
Lubos Pastor, Robert F. Stambaugh, and Lucian A. Taylor #19891 (AP CF LS)
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Central Clearing and Collateral Demand
Darrell Duffie, Martin Scheicher, and Guillaume Vuillemey #19890 (AP)
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Health, Financial Incentives, and Early Retirement: Micro-Simulation Evidence for Germany
Hendrik Juerges, Lars Thiel, Tabea Bucher-Koenen, Johannes Rausch, Morten Schuth, and Axel Boersch-Supan #19889 (AG)
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Does Female Empowerment Promote Economic Development?
Matthias Doepke and Michéle Tertilt #19888 (DEV EFG)
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Measuring the ''World'' Real Interest Rate
Mervyn King and David Low #19887 (AP ME)
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Is Increased Price Flexibility Stabilizing? Redux
Saroj Bhattarai, Gauti Eggertsson, and Raphael Schoenle #19886 (ME)
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A Macroeconomic Framework for Quantifying Systemic Risk
Zhiguo He and Arvind Krishnamurthy #19885 (AG EFG ME)
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Short-run Effects of Job Loss on Health Conditions, Health Insurance, and Health Care Utilization
Jessamyn Schaller and Ann Huff Stevens #19884 (HC HE LS)
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Default and Repayment Among Baccalaureate Degree Earners
Lance J. Lochner and Alexander Monge-Naranjo #19882 (ED LS PE)
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Coal, Smoke, and Death: Bituminous Coal and American Home Heating
Alan Barreca, Karen Clay, and Joel Tarr #19881 (CH DAE EEE)
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Media Bias in the Marketplace: Theory
Matthew Gentzkow, Jesse M. Shapiro, and Daniel F. Stone #19880 (IO POL)
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Risk Aversion and the Desirability of Attenuated Legal Change
Steven Shavell #19879 (LE)
Weekly papers released by February 3, 2014
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Tobacco Control Campaign in Uruguay: Impact on Smoking Cessation during Pregnancy
Jeffrey E. Harris, Ana Inés Balsa, and Patricia Triunfo #19878 (DEV HC HE PE)
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The Morphology of Price Dispersion
Greg Kaplan and Guido Menzio #19877 (EFG IO ME)
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Revealed Preference, Rational Inattention, and Costly Information Acquisition
Andrew Caplin and Mark Dean #19876 (TWP)
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Testing for Information Asymmetries in Real Estate Markets
Pablo Kurlat and Johannes Stroebel #19875 (AP)
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Present-Bias, Procrastination and Deadlines in a Field Experiment
Alberto Bisin and Kyle Hyndman #19874 (CH ED)
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Intra-national Trade Costs: Measurement and Aggregation
Delina E. Agnosteva, James E. Anderson, and Yoto V. Yotov #19872 (ITI)
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High Discounts and High Unemployment
Robert E. Hall #19871 (AP EFG LS ME)
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A Contribution to the Empirics of Reservation Wages
Alan B. Krueger and Andreas I. Mueller #19870 (LS PE)
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Divorce Risk, Wages, and Working Wives: A Quantitative Life-Cycle Analysis of Female Labor Force Participation
Raquel Fernández and Joyce C. Wong #19869 (EFG LS PE POL)
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Political Reservations and Women’s Entrepreneurship in India
Ejaz Ghani, William R. Kerr, and Stephen D. O'Connell #19868 (DEV LS PE POL PR)
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Management Practices, Relational Contracts, and the Decline of General Motors
Susan Helper and Rebecca Henderson #19867 (IO PR)
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Age and Scientific Genius
Benjamin Jones, E.J. Reedy, and Bruce A. Weinberg #19866 (LS)
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Exporter Dynamics, Firm Size and Growth, and Partial Year Effects
Andrew B. Bernard, Renzo Massari, Jose-Daniel Reyes, and Daria Taglioni #19865 (IO ITI)
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How Risky Are Recessions for Top Earners?
Fatih Guvenen, Greg Kaplan, and Jae Song #19864 (AP EFG IFM ME)
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Loose Knots: Strong versus Weak Commitments to Save for Education in Uganda
Dean Karlan and Leigh L. Linden #19863 (DEV LE LS)
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Demand Modeling, Forecasting, and Counterfactuals, Part I
Parag A. Pathak and Peng Shi #19859 (ED IO PE)
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Managing Innovation in a Crowd
Daron Acemoglu, Mohamed Mostagir, and Asuman Ozdaglar #19852 (PR)
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Could a Website Really Have Doomed the Health Exchanges? Multiple Equilibria, Initial Conditions and the Construction of the Fine
Florian Scheuer and Kent Smetters #19835 (AG HE IO PE)
Weekly papers released by January 27, 2014
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The (Surprising) Efficacy of Academic and Behavioral Intervention with Disadvantaged Youth: Results from a Randomized Experiment in Chicago
Philip J. Cook, Kenneth Dodge, George Farkas, Roland G. Fryer, Jr, Jonathan Guryan, Jens Ludwig, Susan Mayer, Harold Pollack and Laurence Steinberg #19862 (CH DAE DEV ED EFG HC HE LE LS PE)
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American Colonial Incomes, 1650-1774
Peter H. Lindert and Jeffrey G. Williamson #19861 (DAE)
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How Johnson Fought the War on Poverty: The Economics and Politics of Funding at the Office of Economic Opportunity
Martha J. Bailey and Nicolas J. Duquette #19860 (DAE LS PE)
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Every Breath You Take - Every Dollar You'll Make: The Long-Term Consequences of the Clean Air Act of 1970
Adam Isen, Maya Rossin-Slater, and W. Reed Walker #19858 (CH EEE LS)
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Breaking the Link Between Legal Access to Alcohol and Motor Vehicle Accidents: Evidence from New South Wales
Jason M. Lindo, Peter Siminski, and Oleg Yerokhin #19857 (HE LE PE)
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Equilibrium Health Spending and Population Aging in a Model of Endogenous Growth - Will the GDP Share of Health Spending Keep Rising?
Isaac Ehrlich and Yong Yin #19856 (AG EFG HC HE PE)
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How Durable are Social Norms? Immigrant Trust and Generosity in 132 Countries
John F. Helliwell, Shun Wang, and Jinwen Xu #19855 (DEV PE POL)
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International Liquidity and Exchange Rate Dynamics
Xavier Gabaix and Matteo Maggiori #19854 (AP CF EFG IFM ME)
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China’s Regional and Bilateral Trade Agreements
Chunding Li, Jing Wang, and John Whalley #19853 (ITI)
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Does Greater Inequality Lead to More Household Borrowing? New Evidence from Household Data
Olivier Coibion, Yuriy Gorodnichenko, Marianna Kudlyak, and John Mondragon #19850 (EFG ME)
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Productivity Response to a Contract Change
Rajshri Jayaraman, Debraj Ray, and Francis de Vericourt #19849 (DEV)
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Under the Thumb of History? Political Institutions and the Scope for Action
Abhijit Banerjee and Esther Duflo #19848 (POL)
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General Equilibrium Impacts of a Federal Clean Energy Standard
Lawrence H. Goulder, Marc A. C. Hafstead, and Roberton C. Williams III #19847 (EEE PE)
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Using the Pareto Distribution to Improve Estimates of Topcoded Earnings
Philip Armour, Richard V. Burkhauser, and Jeff Larrimore #19846 (LS PE TWP)
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Firm Age, Investment Opportunities, and Job Creation
Manuel Adelino, Song Ma, and David T. Robinson #19845 (CF PR)
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Is the United States Still a Land of Opportunity? Recent Trends in Intergenerational Mobility
Raj Chetty, Nathaniel Hendren, Patrick Kline, Emmanuel Saez, and Nicholas Turner #19844 (CH DAE EFG LS PE ED)
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Where is the Land of Opportunity? The Geography of Intergenerational Mobility in the United States
Raj Chetty, Nathaniel Hendren, Patrick Kline, and Emmanuel Saez #19843 (CH ED EFG LS PE)
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Can You Leave High School Behind?
Sandra E. Black, Jane Arnold Lincove, Jenna Cullinane, and Rachel Veron #19842 (ED LS)
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Does Medical Malpractice Law Improve Health Care Quality?
Michael Frakes and Anupam B. Jena #19841 (HC HE LE)
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Two Tales of Adjustment: East Asian Lessons for European Growth
Anusha Chari and Peter Blair Henry #19840 (DEV EFG IFM)
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Alcohol Exposure In Utero and Child Academic Achievement
Stephanie von Hinke Kessler Scholder, George L. Wehby, Sarah Lewis, and Luisa Zuccolo #19839 (CH DEV ED HE PE)
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Advertising, Reputation, and Environmental Stewardship: Evidence from the BP Oil Spill
Lint Barrage, Eric Chyn, and Justine Hastings #19838 (EEE IO PE)
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Return of the Solow Paradox? IT, Productivity, and Employment in U.S. Manufacturing
Daron Acemoglu, David Autor, David Dorn, Gordon H. Hanson, and Brendan Price #19837 (EFG LS PR)
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Cash-on-Hand & College Enrollment: Evidence from Population Tax Data and Policy Nonlinearities
Dayanand S. Manoli and Nicholas Turner #19836 (CH ED LS PE)
-
How Constraining Are Limits to Arbitrage? Evidence from a Recent Financial Innovation
Alexander Ljungqvist and Wenlan Qian #19834 (AP CF)
-
Restoring the Product Variety and Pro-competitive Gains from Trade with Heterogeneous Firms and Bounded Productivity
Robert C. Feenstra #19833 (ITI)
-
Voting to Tell Others
Stefano DellaVigna, John A. List, Ulrike Malmendier, and Gautam Rao #19832 (IO LS PE POL)
-
Lights, Camera,... Income!: Estimating Poverty Using National Accounts, Survey Means, and Lights
Maxim Pinkovskiy and Xavier Sala-i-Martin #19831 (DEV EFG)
-
The Future of U.S. Economic Growth
John G. Fernald and Charles I. Jones #19830 (EFG)
-
Marry Your Like: Assortative Mating and Income Inequality
Jeremy Greenwood, Nezih Guner, Georgi Kocharkov, and Cezar Santos #19829 (EFG)
-
Social Implications of Fiscal Policy Responses During Crises
Carlos A. Vegh and Guillermo Vuletin #19828 (IFM)
-
Microcredit Impacts: Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco
Manuela Angelucci, Dean Karlan, and Jonathan Zinman #19827 (DEV LE LS)
Weekly papers released by January 20, 2014
-
Why Has U.S. Policy Uncertainty Risen Since 1960?
Scott R. Baker, Nicholas Bloom, Brandice Canes-Wrone, Steven J. Davis, and Jonathan A. Rodden #19826 (EFG PE POL)
-
Incentives, Selection and Productivity in Labor Markets: Evidence from Rural Malawi
Raymond P. Guiteras and B. Kelsey Jack #19825 (DEV LS)
-
Linkage of Greenhouse Gas Emissions Trading Systems: Learning from Experience
Matthew Ranson and Robert Stavins #19824 (EEE)
-
Recovery from Financial Crises: Evidence from 100 Episodes
Carmen M. Reinhart and Kenneth S. Rogoff #19823 (IFM)
-
A Theory of Income Taxation under Multidimensional Skill Heterogeneity
Casey Rothschild and Florian Scheuer #19822 (EFG LS PE)
-
How Sticky Wages in Existing Jobs Can Affect Hiring
Mark Bils, Yongsung Chang, and Sun-Bin Kim #19821 (EFG)
-
The Signaling Value of Online Social Networks: Lessons from Peer-to-Peer Lending
Seth Freedman and Ginger Zhe Jin #19820 (IO)
-
Why and Wherefore of Increased Scientific Collaboration
Richard B. Freeman, Ina Ganguli, and Raviv Murciano-Goroff #19819 (LS)
-
The Origins of Stock Market Fluctuations
Daniel L. Greenwald, Martin Lettau, and Sydney C. Ludvigson #19818 (AP EFG)
-
Misinformed Speculators and Mispricing in the Housing Market
Alex Chinco and Christopher Mayer #19817 (AP)
-
The Economics of Online Postsecondary Education: MOOCs, Nonselective Education, and Highly Selective Education
Caroline M. Hoxby #19816 ( ED LS PE)
-
Tax Benefits to Housing and Inefficiencies in Location and Consumption
David Albouy and Andrew Hanson #19815 PE)
-
Market Set-Up in Advance of Federal Reserve Policy Decisions
Dick van Dijk, Robin L. Lumsdaine, and Michel van der Wel #19814 (ME)
-
State Capacity and Economic Development: A Network Approach
Daron Acemoglu, Camilo García-Jimeno, and James A. Robinson #19813 (POL)
-
The Price of Political Uncertainty: Theory and Evidence from the Option Market
Bryan Kelly, Lubos Pastor, and Pietro Veronesi #19812 (AP CF EFG POL)
-
Risk, Insurance and Wages in General Equilibrium
Ahmed Mushfiq Mobarak and Mark Rosenzweig #19811 (DEV)
-
Missing Gains from Trade?
Marc J. Melitz and Stephen J. Redding #19810 (ITI)
-
Powerful Independent Directors
Kathy Fogel, Liping Ma, and Randall Morck #19809 (CF)
-
Rainfall Forecasts, Weather and Wages over the Agricultural Production Cycle
Mark R. Rosenzweig and Christopher Udry #19808 (DEV)
-
Special Interests and the Media: Theory and an Application to Climate Change
Jesse M. Shapiro #19807 (EEE PE POL)
-
Corporate Governance and Risk Management at Unprotected Banks: National Banks in the 1890s
Charles W. Calomiris and Mark Carlson #19806 (CF DAE)
-
Motivating Migrants: A Field Experiment on Financial Decision-Making in Transnational Households
Ganesh Seshan and Dean Yang #19805 (DEV)
-
Public Goods, Hidden Income, and Tax Evasion: Some Nonstandard Results from the Warm-Glow Model
Daniel M. Hungerman #19804 (DEV PE)
-
Using School Choice Lotteries to Test Measures of School Effectiveness
David J. Deming #19803 (CH ED LS)
-
Coal and the European Industrial Revolution
Alan Fernihough and Kevin Hjortshøj O'Rourke #19802 (DAE EFG)
-
Challenges to Regulatory Decentralization: Lessons from State Health Technology Regulation
Jill R. Horwitz and Daniel Polsky #19801 (HC HE LE)
-
The Industrial Organization of Health Care Markets
Martin Gaynor, Kate Ho, and Robert Town #19800 (HC HE IO)
-
Governing Misvalued Firms
Dalida Kadyrzhanova and Matthew Rhodes-Kropf #19799 (CF LE)
-
When Real Estate is the Only Game in Town
Hyun-Soo Choi, Harrison Hong, Jeffrey Kubik, and Jeffrey P. Thompson #19798 (AP)
Weekly papers released by January 13, 2014
Weekly papers released by January 6, 2014
-
Time-Varying Phillips Curves
Joseph S. Vavra #19790 (EFG ME)
-
Waging War on Poverty: Historical Trends in Poverty Using the Supplemental Poverty Measure
Liana Fox, Irwin Garfinkel, Neeraj Kaushal, Jane Waldfogel, and Christopher Wimer #19789 (AG CH EFG PE)
-
Dynamic Dispersed Information and the Credit Spread Puzzle
Elias Albagli, Christian Hellwig, and Aleh Tsyvinski #19788 (AP EFG)
-
Externalities and Taxation of Supplemental Insurance: A Study of Medicare and Medigap.
Marika Cabral and Neale Mahoney #19787 (AG HC HE PE)
-
Political Risk Spreads
Geert Bekaert, Campbell R. Harvey, Christian T. Lundblad, and Stephan Siegel #19786 (AP CF DEV IFM POL)
-
Do In-Work Tax Credits Serve as a Safety Net?
Marianne Bitler, Hilary Hoynes, and Elira Kuka #19785 (CH LS PE)
-
A Note on Variance Estimation for the Oaxaca Estimator of Average Treatment Effects
Patrick M. Kline #19784 (LS TWP)
-
Disentangling Financial Constraints, Precautionary Savings, and Myopia: Household Behavior Surrounding Federal Tax Returns
Brian Baugh, Itzhak Ben-David, and Hoonsuk Park #19783 (CF)
-
Military CEOs
Efraim Benmelech and Carola Frydman #19782 (CF LS)
-
The Effect of Prices on Nutrition: Comparing the Impact of Product- and Nutrient-Specific Taxes
Matthew Harding and Michael Lovenheim #19781 (HE PE)
-
Optimal Trading Ratios for Pollution Permit Markets
Stephen Holland and Andrew J. Yates #19780 (EEE)
-
The Fiscal Stress Arising from State and Local Retiree Health Obligations
Byron Lutz and Louise Sheiner #19779 (AG HC HE PE)
-
Is Sell-Side Research More Valuable in Bad Times?
Roger K. Loh and René M. Stulz #19778 (AP CF)
-
An Economical Business-Cycle Model
Pascal Michaillat and Emmanuel Saez #19777 (EFG ME)
-
Aiding Decision-Making to Reduce the Impacts of Climate Change
Howard Kunreuther and Elke U. Weber #19776 ( EEE)
-
Non-Contributory Pensions
Sebastian Galiani, Paul Gertler, and Rosangela Bando #19775 (DEV)
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