Papers Issued in 2009
- w15621 December 2009 The Greenness of China: Household Carbon Dioxide Emissions and Urban Development
Siqi Zheng, Rui Wang, Edward L. Glaeser, and Matthew E. Kahn
- w15616 December 2009 Bounds on Elasticities with Optimization Frictions: A Synthesis of Micro and Macro Evidence on Labor Supply
Raj Chetty
- w15617 December 2009 Adjustment Costs, Firm Responses, and Micro vs. Macro Labor Supply Elasticities: Evidence from Danish Tax Records
Raj Chetty, John N. Friedman, Tore Olsen, and Luigi Pistaferri
- w15622 December 2009 Measuring the Returns to R&D
Bronwyn H. Hall, Jacques Mairesse, and Pierre Mohnen
- w15623 December 2009 The Behavioralist Visits the Factory: Increasing Productivity Using Simple Framing Manipulations
Tanjim Hossain and John A. List
- w15624 December 2009 The Micro-Macro Disconnect of Purchasing Power Parity
Paul R. Bergin, Reuven Glick, and Jyh-Lin Wu
- w15619 December 2009 Connective Capital as Social Capital: The Value of Problem-Solving Networks for Team Players in Firms
Casey Ichniowski and Kathryn L. Shaw
- w15625 December 2009 The Trade Creation Effect of Immigrants: Evidence from the Remarkable Case of Spain
Giovanni Peri and Francisco Requena
- w15626 December 2009 Estimated Impact of the Fed's Mortgage-Backed Securities Purchase Program
Johannes C. Stroebel and John B. Taylor
- w15627 December 2009 Labor Regulations and European Private Equity
Ant Bozkaya and William R. Kerr
- w15628 December 2009 New Trade Models, Same Old Gains?
Costas Arkolakis, Arnaud Costinot, and Andrés Rodríguez-Clare
- w15629 December 2009 Testing for Altruism and Social Pressure in Charitable Giving
Stefano DellaVigna, John A. List, and Ulrike Malmendier
- w15620 December 2009 Estimation of De Facto Flexibility Parameter and Basket Weights in Evolving Exchange Rate Regimes
Jeffrey A. Frankel and Daniel Xie
- w15612 December 2009 Playing With Fire: Cigarettes, Taxes and Competition From the Internet
Austan Goolsbee, Michael Lovenheim, and Joel B. Slemrod
- w15604 December 2009 Trade, Multinational Production, and the Gains from Openness
Natalia Ramondo and Andrés Rodríguez-Clare
- w15603 December 2009 The Effects of Product Liability Exemption in the Presence of the FDA
Tomas J. Philipson, Eric C. Sun, and Dana Goldman
- w15599 December 2009 Composition of International Capital Flows: A Survey
Koralai Kirabaeva and Assaf Razin
- w15600 December 2009 The Good, the Bad and the Average: Evidence on the Scale and Nature of Ability Peer Effects in Schools
Victor Lavy, Olmo Silva, and Felix Weinhardt
- w15601 December 2009 The (Dis)saving Behavior of the Aged in Japan
Charles Y. Horioka
- w15602 December 2009 Criminal Recidivism after Prison and Electronic Monitoring
Rafael Di Tella and Ernesto Schargrodsky
- w15605 December 2009 The Enduring Impact of the American Dust Bowl: Short and Long-run Adjustments to Environmental Catastrophe
Richard Hornbeck
- w15606 December 2009 Do Trustees and Administrators Matter? Diversifying the Faculty Across Gender Lines
Ronald G. Ehrenberg, George H. Jakubson, Mirinda L. Martin, Joyce B. Main, and Thomas Eisenberg
- w15607 December 2009 Integrating Retirement Models
Alan L. Gustman and Thomas Steinmeier
- w15608 December 2009 How Do Retirees Value Life Annuities? Evidence from Public Employees
John Chalmers and Jonathan Reuter
- w15609 December 2009 What Happens in the Field Stays in the Field: Exploring Whether Professionals Play Minimax in Laboratory Experiments
Steven D. Levitt, John A. List, and David H. Reiley, Jr.
- w15610 December 2009 Checkmate: Exploring Backward Induction Among Chess Players
Steven D. Levitt, John A. List, and Sally E. Sadoff
- w15615 December 2009 Recent Russian Debate on Moving from VAT to Sales Taxes and Its Global Implications
Vera Kononova and John Whalley
- w15613 December 2009 How Large are the Impacts of Carbon Motivated Border Tax Adjustments
Yan Dong and John Whalley
- w15614 December 2009 Reputation, Altruism, and the Benefits of Seller Charity in an Online Marketplace
Daniel Elfenbein, Raymond Fisman, and Brian McManus
- w15618 December 2009 Insider Econometrics: Empirical Studies of How Management Matters
Casey Ichniowski and Kathryn L. Shaw
- w15586 December 2009 Testing for Adverse Selection in Insurance Markets
Alma Cohen and Peter Siegelman
- w15587 December 2009 The Evolution of Ideology, Fairness and Redistribution
Alberto F. Alesina, Guido Cozzi, and Noemi Mantovan
- w15588 December 2009 Risk-Adjusted Gamma Discounting
Martin L. Weitzman
- w15589 December 2009 Is a WIC Start a Better Start? Evaluating WIC's Impact on Infant Health Using Program Introduction
Hilary W. Hoynes, Marianne E. Page, and Ann Huff Stevens
- w15590 December 2009 Pain at the Pump: The Differential Effect of Gasoline Prices on New and Used Automobile Markets
Meghan R. Busse, Christopher R. Knittel, and Florian Zettelmeyer
- w15591 December 2009 Momentum Cycles and Limits to Arbitrage Evidence from Victorian England and Post-Depression US Stock Markets
Benjamin Chabot, Eric Ghysels, and Ravi Jagannathan
- w15592 December 2009 Effects of Terms of Trade Gains and Tariff Changes on the Measurement of U.S. Productivity Growth
Robert C. Feenstra, Benjamin R. Mandel, Marshall B. Reinsdorf, and Matthew J. Slaughter
- w15593 December 2009 Measuring the Gains from Trade under Monopolistic Competition
Robert C. Feenstra
- w15594 December 2009 Upon Daedalian Wings of Paper Money: Adam Smith and the Crisis of 1772
Hugh Rockoff
- w15595 December 2009 Utility from Accumulation
Louis Kaplow
- w15596 December 2009 Droughts, Floods and Financial Distress in the United States
John Landon-Lane, Hugh Rockoff, and Richard H. Steckel
- w15597 December 2009 Migration and the Welfare State: A Dynamic Political-Economy Theory
Assaf Razin, Efraim Sadka, and Benjarong Suwankiri
- w15598 December 2009 Compulsory Licensing - Evidence from the Trading with the Enemy Act
Petra Moser and Alessandra Voena
- w15574 December 2009 An Economic Evaluation of the War on Cancer
Eric C. Sun, Anupam B. Jena, Darius N. Lakdawalla, Carolina M. Reyes, Tomas J. Philipson, and Dana P. Goldman
- w15577 December 2009 Productivity Growth and Levels in France, Japan, the United Kingdom and the United States in the Twentieth Century
Gilbert Cette, Yusuf Kocoglu, and Jacques Mairesse
- w15575 December 2009 Banking System Control, Capital Allocation, and Economy Performance
Randall Morck, M. Deniz Yavuz, and Bernard Yeung
- w15576 December 2009 The Global Agglomeration of Multinational Firms
Laura Alfaro and Maggie Chen
- w15578 December 2009 The Monopoly of Violence: Evidence from Colombia
Daron Acemoglu, James A. Robinson, and Rafael Santos
- w15579 December 2009 Productivity, Welfare and Reallocation: Theory and Firm-Level Evidence
Susanto Basu, Luigi Pascali, Fabio Schiantarelli, and Luis Serven
- w15580 December 2009 The Consumption Terms of Trade and Commodity Prices
Martin Berka and Mario J. Crucini
- w15581 December 2009 The Economics of Labor Coercion
Daron Acemoglu and Alexander Wolitzky
- w15582 December 2009 Public versus Private Risk Sharing
Dirk Krueger and Fabrizio Perri
- w15583 December 2009 Taxes and Time Allocation: Evidence from Single Women
Alexander M. Gelber and Joshua W. Mitchell
- w15584 December 2009 The Great Depression Analogy
Michael D. Bordo and Harold James
- w15585 December 2009 Discontinuous Behavioral Responses to Recycling Laws and Plastic Water Bottle Deposits
W. Kip Viscusi, Joel Huber, Jason Bell, and Caroline Cecot
- w15560 December 2009 National Borders, Conflict and Peace
Enrico Spolaore
- w15550 December 2009 Do Oil Windfalls Improve Living Standards? Evidence from Brazil
Francesco Caselli and Guy Michaels
- w15551 December 2009 A Reference Point Theory of Mergers and Acquisitions
Malcolm Baker, Xin Pan, and Jeffrey Wurgler
- w15552 December 2009 The Real Effects of Financial Constraints: Evidence from a Financial Crisis
Murillo Campello, John Graham, and Campbell R. Harvey
- w15553 December 2009 How Much Consumption Insurance Beyond Self-Insurance?
Greg Kaplan and Giovanni L. Violante
- w15554 December 2009 Cross Sectional Facts for Macroeconomists
Dirk Krueger, Fabrizio Perri, Luigi Pistaferri, and Giovanni L. Violante
- w15555 December 2009 Testing Theories of Scarcity Pricing in the Airline Industry
Steven L. Puller, Anirban Sengupta, and Steven N. Wiggins
- w15556 December 2009 Exports and Financial Shocks
Mary Amiti and David E. Weinstein
- w15557 December 2009 Distance, Trade, and Income - The 1967 to 1975 Closing of the Suez Canal as a Natural Experiment
James Feyrer
- w15558 December 2009 Climate Variability and Water Infrastructure: Historical Experience in the Western United States
Zeynep K. Hansen, Gary D. Libecap, and Scott E. Lowe
- w15559 December 2009 "Do the Right Thing:" The Effects of Moral Suasion on Cooperation
Ernesto Dal Bó and Pedro Dal Bó
- w15561 December 2009 Labor Supply Heterogeneity and Macroeconomic Co-movement
Stefano Eusepi and Bruce Preston
- w15562 December 2009 Using Inflation to Erode the U.S. Public Debt
Joshua Aizenman and Nancy Marion
- w15563 December 2009 What Ties Return Volatilities to Price Valuations and Fundamentals?
Alexander David and Pietro Veronesi
- w15564 December 2009 Employers' Preferences for Gender, Age, Height and Beauty: Direct Evidence
Peter Kuhn and Kailing Shen
- w15565 December 2009 Quantitative Easing: A Rationale and Some Evidence from Japan
Volker Wieland
- w15566 December 2009 Why Have College Completion Rates Declined? An Analysis of Changing Student Preparation and Collegiate Resources
John Bound, Michael Lovenheim, and Sarah Turner
- w15571 December 2009 The Changing Landscape of Blockbuster Punitive Damages Awards
Alison F. Del Rossi and W. Kip Viscusi
- w15572 December 2009 Profiting from Regulation: An Event Study of the EU Carbon Market
James B. Bushnell, Howard Chong, and Erin T. Mansur
- w15567 December 2009 Crisis Resolution and Bank Liquidity
Viral V. Acharya, Hyun Song Shin, and Tanju Yorulmazer
- w15568 December 2009 The Internal Governance of Firms
Viral V. Acharya, Stewart C. Myers, and Raghuram Rajan
- w15569 December 2009 Creditor rights and corporate risk-taking
Viral V. Acharya, Yakov Amihud, and Lubomir Litov
- w15573 December 2009 Lessons from the Great American Real Estate Boom and Bust of the 1920s
Eugene N. White
- w15570 December 2009 Investment Shocks and Business Cycles
Alejandro Justiniano, Giorgio E. Primiceri, and Andrea Tambalotti
- w15549 November 2009 Accountability and Flexibility in Public Schools: Evidence from Boston's Charters and Pilots
Atila Abdulkadiroglu, Joshua Angrist, Susan Dynarski, Thomas J. Kane, and Parag Pathak
- w15541 November 2009 International Trade and Domestic Regulation
Robert W. Staiger and Alan O. Sykes
- w15543 November 2009 Voluntary Public Goods Provision, Coalition Formation, and Uncertainty
Nicholas E. Burger and Charles D. Kolstad
- w15542 November 2009 How Debt Markets have Malfunctioned in the Crisis
Arvind Krishnamurthy
- w15544 November 2009 The Effect of Newspaper Entry and Exit on Electoral Politics
Matthew Gentzkow, Jesse M. Shapiro, and Michael Sinkinson
- w15545 November 2009 Tractability in Incentive Contracting
Alex Edmans and Xavier Gabaix
- w15546 November 2009 A Formal Test of Assortative Matching in the Labor Market
John M. Abowd, Francis Kramarz, Sébastien Pérez-Duarte, and Ian Schmutte
- w15547 November 2009 Do Working Men Rebel? Insurgency and Unemployment in Iraq and the Philippines
Eli Berman, Michael Callen, Joseph H. Felter, and Jacob N. Shapiro
- w15548 November 2009 A Concordance Between Ten-Digit U.S. Harmonized System Codes and SIC/NAICS Product Classes and Industries
Justin R. Pierce and Peter K. Schott
- w15522 November 2009 Discovering One's Talent: Learning from Academic Specialization
Ofer Malamud
- w15523 November 2009 Currency Carry Trade Regimes: Beyond the Fama Regression
Richard Clarida, Josh Davis, and Niels Pedersen
- w15524 November 2009 From Great Depression to Great Credit Crisis: Similarities, Differences and Lessons
Miguel Almunia, Agustín S. Bénétrix, Barry Eichengreen, Kevin H. O'Rourke, and Gisela Rua
- w15525 November 2009 Current Account Fact and Fiction
David Backus, Espen Henriksen, Frederic Lambert, and Christopher Telmer
- w15526 November 2009 Taxation of Human Capital and Wage Inequality: A Cross-Country Analysis
Fatih Guvenen, Burhanettin Kuruscu, and Serdar Ozkan
- w15527 November 2009 Markets for Reputation: Evidence on Quality and Quantity in Academe
Daniel S. Hamermesh and Gerard A. Pfann
- w15528 November 2009 Financial Choice in a Non-Ricardian Model of Trade
Katheryn N. Russ and Diego Valderrama
- w15531 November 2009 The Impact of No Child Left Behind on Student Achievement
Thomas Dee and Brian Jacob
- w15529 November 2009 Trust and Delegation
Stephen Brown, William Goetzmann, Bing Liang, and Christopher Schwarz
- w15530 November 2009 Endogenous Market Structure and Foreign Market Entry
James R. Markusen and Frank Stähler
- w15532 November 2009 Cash-out or flame-out! Opportunity cost and entrepreneurial strategy: Theory, and evidence from the information security industry
Ashish Arora and Anand Nandkumar
- w15533 November 2009 Jump-Robust Volatility Estimation using Nearest Neighbor Truncation
Torben G. Andersen, Dobrislav Dobrev, and Ernst Schaumburg
- w15534 November 2009 Foreign Currency Debt, Financial Crises and Economic Growth: A Long Run View
Michael D. Bordo, Christopher M. Meissner, and David Stuckler
- w15535 November 2009 Intended and Unintended Consequences of Prison Reform
Richard T. Boylan and Naci H. Mocan
- w15536 November 2009 Urban Economics and Entrepreneurship
Edward L. Glaeser, Stuart S. Rosenthal, and William C. Strange
- w15537 November 2009 The State of Corporate Governance Research
Lucian A. Bebchuk and Michael S. Weisbach
- w15538 November 2009 When Safe Proved Risky: Commercial Paper During the Financial Crisis of 2007-2009
Marcin Kacperczyk and Philipp Schnabl
- w15539 November 2009 Estimation of Treatment Effects Without an Exclusion Restriction: with an Application to the Analysis of the School Breakfast Program
Daniel L. Millimet and Rusty Tchernis
- w15540 November 2009 Bayesian Persuasion
Emir Kamenica and Matthew Gentzkow
- w15511 November 2009 Innovators: Songwriters
David Galenson
- w15496 November 2009 By How Much Does GDP Rise if the Government Buys More Output?
Robert E. Hall
- w15495 November 2009 Regulation, Allocation, and Leakage in Cap-and-Trade Markets for CO2
James B. Bushnell and Yihsu Chen
- w15494 November 2009 Foreign Demand for Domestic Currency and the Optimal Rate of Inflation
Stephanie Schmitt-Grohé and Martín Uribe
- w15508 November 2009 The Level and Distribution of Global Household Wealth
James B. Davies, Susanna Sandström, Anthony B. Shorrocks, and Edward N. Wolff
- w15497 November 2009 Family Violence and Football: The Effect of Unexpected Emotional Cues on Violent Behavior
David Card and Gordon Dahl
- w15498 November 2009 Financing Constraints and Entrepreneurship
William Kerr and Ramana Nanda
- w15499 November 2009 Banking Deregulations, Financing Constraints, and Firm Entry Size
William Kerr and Ramana Nanda
- w15500 November 2009 Human Capital In China
Haizheng Li, Barbara M. Fraumeni, Zhiqiang Liu, and Xiaojun Wang
- w15501 November 2009 The Agglomeration of US Ethnic Inventors
William Kerr
- w15503 November 2009 Import Competition and Quality Upgrading
Mary Amiti and Amit K. Khandelwal
- w15502 November 2009 Art and Money
William N. Goetzmann, Luc Renneboog, and Christophe Spaenjers
- w15504 November 2009 An Empirical Evaluation of the Long-Run Risks Model for Asset Prices
Ravi Bansal, Dana Kiku, and Amir Yaron
- w15505 November 2009 On Quality Bias and Inflation Targets
Stephanie Schmitt-Grohe and Martin Uribe
- w15506 November 2009 Risk Price Dynamics
Jaroslav Borovička, Lars Peter Hansen, Mark Hendricks, and José A. Scheinkman
- w15516 November 2009 Global Climate Policy Architecture and Political Feasibility: Specific Formulas and Emission Targets to Attain 460 ppm CO2 Concentrations
Valentina Bosetti and Jeffrey A. Frankel
- w15507 November 2009 The Effect of Immigration on Productivity: Evidence from US States
Giovanni Peri
- w15509 November 2009 The Gravity of Knowledge
Wolfgang Keller and Stephen R. Yeaple
- w15510 November 2009 Heterogeneity in the effect of regulation on entrepreneurship and entry size
Silvia Ardagna and Annamaria Lusardi
- w15512 November 2009 Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870-2008
Moritz Schularick and Alan M. Taylor
- w15513 November 2009 Decentralized Trading with Private Information
Mikhail Golosov, Guido Lorenzoni, and Aleh Tsyvinski
- w15514 November 2009 Anchors Away: How Fiscal Policy Can Undermine the Taylor Principle
Eric M. Leeper
- w15515 November 2009 Did Fair-Value Accounting Contribute to the Financial Crisis?
Christian Laux and Christian Leuz
- w15517 November 2009 A Mathematical Model for Estimating the Number of Health Workers Required for Universal Antiretroviral Treatment
Till Bärnighausen, David E. Bloom, and Salal Humair
- w15518 November 2009 The Carry Trade and Fundamentals: Nothing to Fear But FEER Itself
Òscar Jordà and Alan M. Taylor
- w15519 November 2009 The Feldstein-Horioka fact
Domenico Giannone and Michele Lenza
- w15520 November 2009 Agricultural Improvements and Access to Rail Transportation: The American Midwest as a Test Case, 1850-1860
Jeremy Atack and Robert A. Margo
- w15521 November 2009 Immigration, Wages, and Compositional Amenities
David Card, Christian Dustmann, and Ian Preston
- w15485 November 2009 The Impact of Minimum Wage Rates on Body Weight in the United States
David O. Meltzer and Zhuo Chen
- w15474 November 2009 The US Productivity Slowdown, the Baby Boom, and Management Quality
James Feyrer
- w15475 November 2009 The Global 1970s and the Echo of the Great Depression
Alan M. Taylor
- w15476 November 2009 The Welfare Effects of Ticket Resale
Phillip Leslie and Alan Sorensen
- w15472 November 2009 Mortgage Default, Foreclosure, and Bankruptcy
Wenli Li and Michelle J. White
- w15473 November 2009 Are High Quality Schools Enough to Close the Achievement Gap? Evidence from a Social Experiment in Harlem
Will Dobbie and Roland G. Fryer, Jr
- w15470 November 2009 Micro, Macro, and Strategic Forces in International Trade Invoicing
Linda S. Goldberg and Cédric Tille
- w15471 November 2009 The Rate of Return to the High/Scope Perry Preschool Program
James J. Heckman, Seong Hyeok Moon, Rodrigo Pinto, Peter A. Savelyev, and Adam Yavitz
- w15477 November 2009 Families as Roommates: Changes in U.S. Household Size from 1850 to 2000
Alejandrina Salcedo, Todd Schoellman, and Michèle Tertilt
- w15478 November 2009 Thirty Years of Currency Crises in Argentina: External Shocks or Domestic Fragility?
Graciela Kaminsky, Amine Mati, and Nada Choueiri
- w15479 November 2009 Fire Sales in a Model of Complexity
Ricardo J. Caballero and Alp Simsek
- w15480 November 2009 Short-run Effects of Parental Job Loss on Children's Academic Achievement
Ann Huff Stevens and Jessamyn Schaller
- w15481 November 2009 The Chinese Warrants Bubble
Wei Xiong and Jialin Yu
- w15482 November 2009 Dynamic Debt Runs
Zhiguo He and Wei Xiong
- w15483 November 2009 Unequal We Stand: An Empirical Analysis of Economic Inequality in the United States, 1967-2006
Jonathan Heathcote, Fabrizio Perri, and Giovanni L. Violante
- w15484 November 2009 Hoarding International Reserves Versus a Pigovian Tax-Cum-Subsidy Scheme: Reflections on the Deleveraging Crisis of 2008-9, and a Cost Benefit Analysis
Joshua Aizenman
- w15486 November 2009 Bidding for Brains: Intellectual Property Rights and the International Migration of Knowledge Workers
Carol McAusland and Peter J. Kuhn
- w15487 November 2009 A Preferred-Habitat Model of the Term Structure of Interest Rates
Dimitri Vayanos and Jean-Luc Vila
- w15469 November 2009 Financial Literacy and Financial Sophistication Among Older Americans
Annamaria Lusardi, Olivia S. Mitchell, and Vilsa Curto
- w15488 November 2009 Trends in the Level and Distribution of Income Support
Robert A. Moffitt and John Karl Scholz
- w15489 November 2009 The Role of Search in University Productivity: Inside, Outside, and Interdisciplinary Dimensions
James D. Adams and J. Roger Clemmons
- w15490 November 2009 Cross-Country Differences in Productivity: The Role of Allocation and Selection
Eric J. Bartelsman, John C. Haltiwanger, and Stefano Scarpetta
- w15491 November 2009 Revealing Failures in the History of School Finance
Peter H. Lindert
- w15492 November 2009 The Economics of Trade Agreements in the Linear Cournot Delocation Model
Kyle Bagwell and Robert W. Staiger
- w15493 November 2009 Family Bonding with Universities
Jonathan Meer and Harvey S. Rosen
- w15462 October 2009 Can Owning a Home Hedge the Risk of Moving?
Todd M. Sinai and Nicholas S. Souleles
- w15459 October 2009 Can Learnability Save New-Keynesian Models?
John H. Cochrane
- w15456 October 2009 Risk Protection, Service Use, and Health Outcomes Under Colombia's Health Insurance Program for the Poor
Grant Miller, Diana M. Pinto, and Marcos Vera-Hernández
- w15457 October 2009 The Demographics of Innovation and Asset Returns
Nicolae Gârleanu, Leonid Kogan, and Stavros Panageas
- w15458 October 2009 Paulson's Gift
Pietro Veronesi and Luigi Zingales
- w15460 October 2009 Breach, Remedies and Dispute Settlement in Trade Agreements
Giovanni Maggi and Robert W. Staiger
- w15461 October 2009 Cheaper By the Dozen: Using Sibling Discounts at Catholic Schools to Estimate the Price Elasticity of Private School Attendance
Susan Dynarski, Jonathan Gruber, and Danielle Li
- w15463 October 2009 Testing the Correlated Random Coefficient Model
James J. Heckman, Daniel A. Schmierer, and Sergio S. Urzua
- w15464 October 2009 Identifying Government Spending Shocks: It's All in the Timing
Valerie A. Ramey
- w15465 October 2009 The Economic Cost of Harboring Terrorism
Efraim Benmelech, Claude Berrebi, and Esteban F. Klor
- w15466 October 2009 Incentives and Creativity: Evidence from the Academic Life Sciences
Pierre Azoulay, Joshua S. Graff Zivin, and Gustavo Manso
- w15467 October 2009 Why are the 2000s so different from the 1970s? A structural interpretation of changes in the macroeconomic effects of oil prices
Olivier J. Blanchard and Marianna Riggi
- w15468 October 2009 Investments in Pharmaceuticals Before and After TRIPS
Margaret Kyle and Anita McGahan
- w15435 October 2009 What the Stock Market Decline Means for the Financial Security and Retirement Choices of the Near-Retirement Population
Alan L. Gustman, Thomas L. Steinmeier, and Nahid Tabatabai
- w15438 October 2009 Large Changes in Fiscal Policy: Taxes Versus Spending
Alberto F. Alesina and Silvia Ardagna
- w15436 October 2009 Effects of Urban Sprawl on Obesity
Zhenxiang Zhao and Robert Kaestner
- w15437 October 2009 Not Invented Here? Innovation in Company Towns
Ajay K. Agrawal, Iain M. Cockburn, and Carlos Rosell
- w15439 October 2009 Long Term Effects of Minimum Legal Drinking Age Laws on Adult Alcohol Use and Driving Fatalities
Robert Kaestner and Benjamin Yarnoff
- w15440 October 2009 The Reorganization of Inventive Activity in the United States during the Early Twentieth Century
Naomi R. Lamoreaux, Kenneth L. Sokoloff, and Dhanoos Sutthiphisal
- w15441 October 2009 Unilateral Measures and Emissions Mitigation
Shurojit Chatterji, Sayantan Ghosal, Sean Walsh, and John Whalley
- w15442 October 2009 International Trade, Foreign Direct Investment, and Technology Spillovers
Wolfgang Keller
- w15443 October 2009 Breakthrough Inventions and Migrating Clusters of Innovation
William R. Kerr
- w15444 October 2009 Delocation and Trade Agreements in Imperfectly Competitive Markets
Kyle Bagwell and Robert W. Staiger
- w15445 October 2009 The WTO: Theory and Practice
Kyle Bagwell and Robert W. Staiger
- w15446 October 2009 The Changing Selectivity of American Colleges
Caroline M. Hoxby
- w15447 October 2009 Evidence of Regulatory Arbitrage in Cross-Border Mergers of Banks in the EU
Santiago Carbo-Valverde, Edward J. Kane, and Francisco Rodriguez-Fernandez
- w15434 October 2009 Paying a Premium on Your Premium? Consolidation in the U.S. Health Insurance Industry
Leemore Dafny, Mark Duggan, and Subramaniam Ramanarayanan
- w15448 October 2009 India Transformed? Insights from the Firm Level 1988-2005
Laura Alfaro and Anusha Chari
- w15449 October 2009 Institutional Investors and Proxy Voting on Compensation Plans: The Impact of the 2003 Mutual Fund Voting Disclosure Regulation
Martijn Cremers and Roberta Romano
- w15450 October 2009 Rational Attention Allocation Over the Business Cycle
Marcin Kacperczyk, Stijn Van Nieuwerburgh, and Laura Veldkamp
- w15451 October 2009 The Environment and Directed Technical Change
Daron Acemoglu, Philippe Aghion, Leonardo Bursztyn, and David Hemous
- w15452 October 2009 Macro-Hedging for Commodity Exporters
Eduardo Borensztein, Olivier Jeanne, and Damiano Sandri
- w15453 October 2009 Are CEOs Expected Utility Maximizers?
John List and Charles Mason
- w15454 October 2009 A Theory of Banks, Bonds, and the Distribution of Firm Size
Katheryn N. Russ and Diego Valderrama
- w15455 October 2009 Is Newer Better? Penn World Table Revisions and Their Impact on Growth Estimates
Simon Johnson, William Larson, Chris Papageorgiou, and Arvind Subramanian
- w15416 October 2009 Two Perspectives on Preferences and Structural Transformation
Berthold Herrendorf, Richard Rogerson, and Ákos Valentinyi
- w15417 October 2009 Culture, Policies and Labor Market Outcomes
Francesco Giavazzi, Fabio Schiantarelli, and Michel Serafinelli
- w15418 October 2009 One TV, One Price?
Jean Imbs, Haroon Mumtaz, Morten O. Ravn, and Hélène Rey
- w15419 October 2009 Are Bilateral Remittances Countercyclical?
Jeffrey A. Frankel
- w15420 October 2009 The Economics of Open Air Markets
John A. List
- w15421 October 2009 Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications
Claudia R. Sahm, Matthew D. Shapiro, and Joel B. Slemrod
- w15422 October 2009 Tobacco Regulation through Litigation: The Master Settlement Agreement
W. Kip Viscusi and Joni Hersch
- w15423 October 2009 Where Does Energy R&D Come From? Examining Crowding Out from Environmentally-Friendly R&D
David Popp and Richard G. Newell
- w15424 October 2009 Inflation targeting and private sector forecasts
Stephen G. Cecchetti and Craig Hakkio
- w15425 October 2009 FINANCIAL CRISES AND LIQUIDITY SHOCKS: A Bank-Run Perspective
Guillermo A. Calvo
- w15426 October 2009 Executive Compensation: Facts
Gian Luca Clementi and Thomas F. Cooley
- w15427 October 2009 Adaptive Consumption Behavior
Peter Howitt and Ömer Özak
- w15428 October 2009 Medium Term Business Cycles in Developing Countries
Diego A. Comin, Norman Loayza, Farooq Pasha, and Luis Serven
- w15429 October 2009 Investment in Energy Infrastructure and the Tax Code
Gilbert E. Metcalf
- w15430 October 2009 An Empirical Analysis of the Gender Gap in Mathematics
Roland G. Fryer, Jr and Steven D. Levitt
- w15431 October 2009 Gun Control after Heller: Litigating against Regulation
Philip J. Cook, Jens Ludwig, and Adam Samaha
- w15433 October 2009 Parametric Estimations of the World Distribution of Income
Maxim Pinkovskiy and Xavier Sala-i-Martin
- w15432 October 2009 Financial Globalization, Financial Crises and Contagion
Enrique G. Mendoza and Vincenzo Quadrini
- w15405 October 2009 Optimal taxation in the presence of bailouts
Stavros Panageas
- w15406 October 2009 Recent Trends in the Earnings of New Immigrants to the United States
George J. Borjas and Rachel M. Friedberg
- w15407 October 2009 Activist Fiscal Policy to Stabilize Economic Activity
Alan J. Auerbach and William G. Gale
- w15408 October 2009 Top Incomes in the Long Run of History
Anthony B. Atkinson, Thomas Piketty, and Emmanuel Saez
- w15409 October 2009 The Area and Population of Cities: New Insights from a Different Perspective on Cities
Hernán D. Rozenfeld, Diego Rybski, Xavier Gabaix, and Hernán A. Makse
- w15410 October 2009 Moral Hazard Matters: Measuring Relative Rates of Underinsurance Using Threshold Measures
Jean Marie Abraham, Thomas DeLeire, and Anne Beeson Royalty
- w15411 October 2009 Endowments, Fiscal Federalism, and the Cost of Capital for States: Evidence from Brazil, 1891-1930
André C. Martínez Fritscher and Aldo Musacchio
- w15412 October 2009 Accidental Death and the Rule of Joint and Several Liability
Daniel Carvell, Janet Currie, and W. Bentley MacLeod
- w15413 October 2009 Traffic Congestion and Infant Health: Evidence from E-ZPass
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Michael D. Bordo and Joseph G. Haubrich
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Ian Ayres, Sophie Raseman, and Alice Shih
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David Deming and Susan Dynarski
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Robert J. Gordon
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David O. Lucca and Francesco Trebbi
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Adi Brender and Allan Drazen
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Robert J. Barro and Charles J. Redlick
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Darius Lakdawalla and Wesley Yin
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William Congdon, Jeffrey R. Kling, and Sendhil Mullainathan
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Robert B. Barsky and Eric R. Sims
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Lee E. Ohanian
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Martin S. Feldstein
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Ann Harrison and Andrés Rodríguez-Clare
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Stephen P. Holland
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Daniel S. Hamermesh
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David Galenson
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Garey Ramey and Valerie A. Ramey
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Atif R. Mian and Amir Sufi
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James D. Adams
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John R. Graham and Hyunseob Kim
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James J. Heckman and Petra E. Todd
- w15178 July 2009 The Long and Short (of) Quality Ladders
Amit Khandelwal
- w15180 July 2009 Why Did Some Banks Perform Better During the Credit Crisis? A Cross-Country Study of the Impact of Governance and Regulation
Andrea Beltratti and René M. Stulz
- w15181 July 2009 The Under-Reporting of Transfers in Household Surveys: Its Nature and Consequences
Bruce D. Meyer, Wallace K. C. Mok, and James X. Sullivan
- w15182 July 2009 Empirics on the Origins of Preferences: The Case of College Major and Religiosity
Miles S. Kimball, Colter M. Mitchell, Arland D. Thornton, and Linda C. Young-Demarco
- w15183 July 2009 Product Recalls, Imperfect Information, and Spillover Effects: Lessons from the Consumer Response to the 2007 Toy Recalls
Seth M. Freedman, Melissa Schettini Kearney, and Mara Lederman
- w15184 July 2009 Capital Budgeting vs. Market Timing: An Evaluation Using Demographics
Stefano DellaVigna and Joshua M. Pollet
- w15185 July 2009 Income Misattribution under Formula Apportionment
James R. Hines, Jr.
- w15186 July 2009 Social Ties and the Job Search of Recent Immigrants
Deepti Goel and Kevin Lang
- w15187 July 2009 Estimation of DSGE Models When the Data are Persistent
Yuriy Gorodnichenko and Serena Ng
- w15188 July 2009 A Factor Analysis of Bond Risk Premia
Sydney C. Ludvigson and Serena Ng
- w15169 July 2009 Rebalancing Growth in Asia
Eswar S. Prasad
- w15087 July 2009 Educational Choices, Subjective Expectations, and Credit Constraints
Orazio Attanasio and Katja Kaufmann
- w15160 July 2009 Dynamics of Fiscal Financing in the United States
Eric M. Leeper, Michael Plante, and Nora Traum
- w15158 July 2009 The 2007 Subprime Market Crisis Through the Lens of European Central Bank Auctions for Short-Term Funds
Nuno Cassola, Ali Hortacsu, and Jakub Kastl
- w15159 July 2009 Why Don't Lenders Renegotiate More Home Mortgages? Redefaults, Self-Cures and Securitization
Manuel Adelino, Kristopher Gerardi, and Paul S. Willen
- w15161 July 2009 Changing the Price of Marriage: Evidence from Blood Test Requirements
Kasey S. Buckles, Melanie E. Guldi, and Joseph Price
- w15162 July 2009 Automobiles on Steroids: Product Attribute Trade-Offs and Technological Progress in the Automobile Sector
Christopher R. Knittel
- w15163 July 2009 Does Health Insurance Make You Fat?
Jay Bhattacharya, Kate Bundorf, Noemi Pace, and Neeraj Sood
- w15164 July 2009 Selection Stories: Understanding Movement Across Health Plans
David M. Cutler, Bryan Lincoln, and Richard J. Zeckhauser
- w15165 July 2009 Some Unpleasant General Equilibrium Implications of Executive Incentive Compensation Contracts
John B. Donaldson, Natalia Gershun, and Marc P. Giannoni
- w15166 July 2009 Heterogeneity and Cyclical Unemployment
Mark Bils, Yongsung Chang, and Sun-Bin Kim
- w15167 July 2009 Subgame Perfect Implementation with Almost Perfect Information and the Hold-Up Problem
Philippe Aghion, Drew Fudenberg, and Richard T. Holden
- w15168 July 2009 Changing Research Perspectives on the Global Health Workforce
Till Bärnighausen and David E. Bloom
- w15170 July 2009 Market Valuation of Accrued Social Security Benefits
John Geanakoplos and Stephen P. Zeldes
- w15171 July 2009 Latin America's Decline: A Long Historical View
Sebastian Edwards
- w15172 July 2009 WHEN CONSENSUS CHOICE DOMINATES INDIVIDUALISM: Jensen's Inequality and Collective Decisions under Uncertainty
Charles F. Manski
- w15122 July 2009 Job Loss: Eat, drink and try to be merry?
Partha Deb, William T. Gallo, Padmaja Ayyagari, Jason M. Fletcher, and Jody L. Sindelar
- w15129 July 2009 The organization of firms across countries
Nicholas Bloom, Raffaella Sadun, and John Van Reenen
- w15123 July 2009 Globally Correlated Nominal Fluctuations
Espen Henriksen, Finn E. Kydland, and Roman Sustek
- w15130 July 2009 Tobacco Use, Taxation and Self Control in Adolescence
Jason M. Fletcher, Partha Deb, and Jody L. Sindelar
- w15157 July 2009 The Potato's Contribution to Population and Urbanization: Evidence from an Historical Experiment
Nathan Nunn and Nancy Qian
- w15124 July 2009 Sin Taxes: Do Heterogeneous Responses Undercut Their Value?
Padmaja Ayyagari, Partha Deb, Jason Fletcher, William T. Gallo, and Jody L. Sindelar
- w15125 July 2009 Cost Containment in Climate Change Policy: Alternative Approaches to Mitigating Price Volatility
Gilbert E. Metcalf
- w15126 July 2009 Conditional Cash Penalties in Education: Evidence from the Learnfare Experiment
Thomas Dee
- w15127 July 2009 He Who Counts Elects: Determinants of Fraud in the 1922 Colombian Presidential Election
Isaías N. Chaves, Leopoldo Fergusson, and James A. Robinson
- w15128 July 2009 The End of Gatekeeping: Underwriters and the Quality of Sovereign Bond Markets, 1815-2007
Marc Flandreau, Juan H. Flores, Norbert Gaillard, and Sebastián Nieto-Parra
- w15131 July 2009 Nudging Farmers to Use Fertilizer: Theory and Experimental Evidence from Kenya
Esther Duflo, Michael Kremer, and Jonathan Robinson
- w15132 July 2009 World Markets for Mergers and Acquisitions
Isil Erel, Rose C. Liao, and Michael S. Weisbach
- w15133 July 2009 Monetary-Fiscal Policy Interactions and Fiscal Stimulus
Troy Davig and Eric M. Leeper
- w15134 July 2009 A Bargain at Twice the Price? California Hospital Prices in the New Millennium
Yaa Akosa Antwi, Martin Gaynor, and William B. Vogt
- w15135 July 2009 Splendid Associations of Favored Individuals: Federal and State Commercial Banking Policy in the Federalist Era
Howard Bodenhorn
- w15136 July 2009 Investment Tournaments: When Should a Rational Agent Put All Eggs in One Basket?
Michael Schwarz and Sergei Severinov
- w15137 July 2009 Disease and Development Revisited
David E. Bloom, David Canning, and Günther Fink
- w15138 July 2009 Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts
Emmanuel Farhi and Jean Tirole
- w15139 July 2009 When Does Libertarian Paternalism Work?
Bruce Ian Carlin, Simon Gervais, and Gustavo Manso
- w15140 July 2009 Medical Licensing Board Characteristics and Physician Discipline: An Empirical Analysis
Marc T. Law and Zeynep K. Hansen
- w15141 July 2009 The Impact of Credit Protection on Stock Prices in the Presence of Credit Crunches
Galina Hale, Assaf Razin, and Hui Tong
- w15142 July 2009 The Slide to Protectionism in the Great Depression: Who Succumbed and Why?
Barry Eichengreen and Douglas A. Irwin
- w15143 July 2009 The Role of Advisory Services in Proxy Voting
Cindy R. Alexander, Mark A. Chen, Duane J. Seppi, and Chester S. Spatt
- w15144 July 2009 Revenue or Reciprocity? Founding Feuds over Early U.S. Trade Policy
Douglas A. Irwin
- w15145 July 2009 Moral and Social Constraints to Strategic Default on Mortgages
Luigi Guiso, Paola Sapienza, and Luigi Zingales
- w15146 July 2009 Federal Life Sciences Funding and University R&D
Margaret E. Blume-Kohout, Krishna B. Kumar, and Neeraj Sood
- w15147 July 2009 Identifying Heterogeneity in Economic Choice Models
Jeremy T. Fox and Amit Gandhi
- w15148 July 2009 Using Genetic Lotteries within Families to Examine the Causal Impact of Poor Health on Academic Achievement
Jason M. Fletcher and Steven F. Lehrer
- w15156 July 2009 Valuing Public Goods Using Happiness Data: The Case of Air Quality
Arik Levinson
- w15149 July 2009 Why do the Elderly Save? The Role of Medical Expenses
Mariacristina De Nardi, Eric French, and John Bailey Jones
- w15150 July 2009 The Growth of Low Skill Service Jobs and the Polarization of the U.S. Labor Market
David H. Autor and David Dorn
- w15151 July 2009 Seam Bias, Multiple-State, Multiple-Spell Duration Models and the Employment Dynamics of Disadvantaged Women
John C. Ham, Xianghong Li, and Lara Shore-Sheppard
- w15152 July 2009 Creative Accounting or Creative Destruction? Firm-level Productivity Growth in Chinese Manufacturing
Loren Brandt, Johannes Van Biesebroeck, and Yifan Zhang
- w15153 July 2009 Government Investment and Fiscal Stimulus in the Short and Long Runs
Eric M. Leeper, Todd B. Walker, and Shu-Chun Susan Yang
- w15155 July 2009 Productivity Differences Between and Within Countries
Daron Acemoglu and Melissa Dell
- w15154 July 2009 Hedging Price Volatility Using Fast Transport
David L. Hummels and Georg Schaur
- w15112 June 2009 Anti-Lemons: School Reputation and Educational Quality
W. Bentley MacLeod and Miguel Urquiola
- w15113 June 2009 Global Savings and Global Investment: The Transmission of Identified Fiscal Shocks
James Feyrer and Jay C. Shambaugh
- w15114 June 2009 Public Policy, Health Insurance and the Transition to Adulthood
Phillip B. Levine, Robin McKnight, and Samantha Heep
- w15115 June 2009 Capital Income Taxes with Heterogeneous Discount Rates
Peter A. Diamond and Johannes Spinnewijn
- w15116 June 2009 Putting Tasks to the Test: Human Capital, Job Tasks and Wages
David H. Autor and Michael J. Handel
- w15117 June 2009 Stepping Off the Wage Escalator: The Effects of Wage Growth on Equilibrium Employment
Michael W. L. Elsby and Matthew D. Shapiro
- w15118 June 2009 Negative Nominal Interest Rates: Three ways to overcome the zero lower bound
Willem H. Buiter
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Philippe Aghion, David Hemous, and Enisse Kharroubi
- w15120 June 2009 Transmission of the U.S. Subprime Crisis to Emerging Markets: Evidence on the Decoupling-Recoupling Hypothesis
Michael P. Dooley and Michael M. Hutchison
- w15121 June 2009 Cumulative Effects of Job Characteristics on Health
Jason M. Fletcher, Jody L. Sindelar, and Shintaro Yamaguchi
- w15102 June 2009 Buy Local? The Geography of Successful and Unsuccessful Venture Capital Expansion
Henry Chen, Paul Gompers, Anna Kovner, and Josh Lerner
- w15104 June 2009 Yet Another Tale of Two Cities: Buenos Aires and Chicago
Filipe Campante and Edward L. Glaeser
- w15103 June 2009 The Complementarity between Cities and Skills
Edward L. Glaeser and Matthew G. Resseger
- w15105 June 2009 The Long-Term Effects of Military Conscription on Mortality: Estimates from the Vietnam-era Draft Lottery
Dalton Conley and Jennifer A. Heerwig
- w15106 June 2009 The Effects of Consumer-Directed Health Plans on Health Care Spending
Anthony T. Lo Sasso, Lorens A. Helmchen, and Robert Kaestner
- w15107 June 2009 Estimating the Impact of Trade and Offshoring on American Workers Using the Current Population Surveys
Avraham Ebenstein, Ann Harrison, Margaret McMillan, and Shannon Phillips
- w15108 June 2009 Default, Framing and Spillover Effects: The Case of Lifecycle Funds in 401(k) Plans
Olivia S. Mitchell, Gary R. Mottola, Stephen P. Utkus, and Takeshi Yamaguchi
- w15109 June 2009 Tax reform, delocation and heterogeneous firms
Richard Baldwin and Toshihiro Okubo
- w15110 June 2009 Risk Allocation, Debt Fueled Expansion and Financial Crisis
Paul Beaudry and Amartya Lahiri
- w15111 June 2009 Risk Sharing, Inequality and Fertility
Roozbeh Hosseini, Larry E. Jones, and Ali Shourideh
- w15100 June 2009 Risk-Based Pricing and Risk-Reducing Effort: Does the Private Insurance Market Reduce Environmental Accidents?
Haitao Yin, Howard Kunreuther, and Matthew White
- w15083 June 2009 Land and Credit: A Study of the Political Economy of Banking in the United States in the Early 20th Century
Raghuram G. Rajan and Rodney Ramcharan
- w15084 June 2009 What Comes to Mind
Nicola Gennaioli and Andrei Shleifer
- w15085 June 2009 Censored Quantile Instrumental Variable Estimates of the Price Elasticity of Expenditure on Medical Care
Amanda E. Kowalski
- w15086 June 2009 A Free Lunch in the Commons
Matthew J. Kotchen and Stephen W. Salant
- w15088 June 2009 State Capacity, Conflict and Development
Timothy J. Besley and Torsten Persson
- w15089 June 2009 Modern Medicine and the 20th Century Decline in Mortality: Evidence on the Impact of Sulfa Drugs
Seema Jayachandran, Adriana Lleras-Muney, and Kimberly V. Smith
- w15090 June 2009 Life at the top: the benefits of height
Angus S. Deaton and Raksha Arora
- w15091 June 2009 Do Multinationals or Domestic Firms Face Higher Effective Tax Rates?
Kevin S. Markle and Douglas Shackelford
- w15092 June 2009 Identification in Matching Games
Jeremy T. Fox
- w15093 June 2009 The Competitive Saving Motive: Evidence from Rising Sex Ratios and Savings Rates in China
Shang-Jin Wei and Xiaobo Zhang
- w15094 June 2009 The New Kaldor Facts: Ideas, Institutions, Population, and Human Capital
Charles I. Jones and Paul M. Romer
- w15095 June 2009 War and Relatedness
Enrico Spolaore and Romain Wacziarg
- w15096 June 2009 Food Prices and the Dynamics of Body Weight
Dana Goldman, Darius Lakdawalla, and Yuhui Zheng
- w15097 June 2009 Skill Dispersion and Trade Flows
Matilde Bombardini, Giovanni Gallipoli, and Germán Pupato
- w15098 June 2009 Abortion and Crime: A Review
Theodore J. Joyce
- w15099 June 2009 Crime and Body Weight in the Nineteenth Century: Was there a Relationship between Brawn, Employment Opportunities and Crime?
Howard Bodenhorn and Gregory Price
- w15101 June 2009 Obesity, Self-esteem and Wages
Naci H. Mocan and Erdal Tekin
- w15050 June 2009 Do International Labor Standards Contribute to the Persistence of the Child Labor Problem?
Matthias Doepke and Fabrizio Zilibotti
- w15081 June 2009 The Economics of Renewable Energy
Geoffrey Heal
- w15072 June 2009 A Model of a Systemic Bank Run
Harald Uhlig
- w15065 June 2009 Adoption Curves and Social Interactions
William A. Brock and Steven N. Durlauf
- w15063 June 2009 Reducing Foreclosures: No Easy Answers
Christopher Foote, Kristopher Gerardi, Lorenz Goette, and Paul Willen
- w15064 June 2009 Do Race and Fairness Matter in Generosity? Evidence from a Nationally Representative Charity Experiment
Christina M. Fong and Erzo F.P. Luttmer
- w15066 June 2009 Schooling, Cognitive Skills, and the Latin American Growth Puzzle
Eric A. Hanushek and Ludger Woessmann
- w15069 June 2009 Empirics of Strategic Interdependence: The Case of the Racial Tipping Point
William Easterly
- w15067 June 2009 China's Land Market Auctions: Evidence of Corruption
Hongbin Cai, J. Vernon Henderson, and Qinghua Zhang
- w15068 June 2009 The Quality of Medical Care, Behavioral Risk Factors, and Longevity Growth
Frank R. Lichtenberg
- w15071 June 2009 Optimal Taxation in Theory and Practice
N. Gregory Mankiw, Matthew Weinzierl, and Danny Yagan
- w15073 June 2009 Conceptual Revolutions in Twentieth-Century Art
David Galenson
- w15074 June 2009 Opting For Families: Recent Trends in the Fertility of Highly Educated Women
Qingyan Shang and Bruce A. Weinberg
- w15075 June 2009 The (Mythical?) Housing Wealth Effect
Charles Calomiris, Stanley D. Longhofer, and William Miles
- w15076 June 2009 The Equality Multiplier
Erling Barth and Karl O. Moene
- w15077 June 2009 Decomposing the U.S. External Returns Differential
Stephanie E. Curcuru, Tomas Dvorak, and Francis E. Warnock
- w15079 June 2009 Extending Life Cycle Models of Optimal Portfolio Choice: Integrating Flexible Work, Endogenous Retirement, and Investment Decisions with Lifetime Payouts
Jingjing Chai, Wolfram Horneff, Raimond Maurer, and Olivia S. Mitchell
- w15078 June 2009 Birth Cohort and the Black-White Achievement Gap: The Roles of Access and Health Soon After Birth
Kenneth Y. Chay, Jonathan Guryan, and Bhashkar Mazumder
- w15080 June 2009 Inequality and Volatility Moderation in Russia: Evidence from Micro-Level Panel Data on Consumption and Income
Yuriy Gorodnichenko, Klara Sabirianova Peter, and Dmitriy Stolyarov
- w15082 June 2009 What Do Emissions Markets Deliver and to Whom? Evidence from Southern California's NOx Trading Program
Meredith Fowlie, Stephen P. Holland, and Erin T. Mansur
- w15070 June 2009 Is Social Security Part of the Social Safety Net?
Jeffrey R. Brown, Julia Lynn Coronado, and Don Fullerton
- w15038 June 2009 Is Investor Rationality Time Varying? Evidence from the Mutual Fund Industry
Vincent Glode, Burton Hollifield, Marcin Kacperczyk, and Shimon Kogan
- w15039 June 2009 Physical Activity: Economic and Policy Factors
Melayne M. McInnes and Judith A. Shinogle
- w15037 June 2009 The ABCs of Charitable Solicitation
Jonathan Meer and Harvey S. Rosen
- w15059 June 2009 Inequality Trends for Germany in the Last Two Decades: A Tale of Two Countries
Nicola Fuchs-Schündeln, Dirk Krueger, and Mathias Sommer
- w15040 June 2009 Amplification Mechanisms in Liquidity Crises
Arvind Krishnamurthy
- w15041 June 2009 Why Do Mothers Breastfeed Girls Less Than Boys? Evidence and Implications for Child Health in India
Seema Jayachandran and Ilyana Kuziemko
- w15042 June 2009 Never Waste a Good Crisis: An Historical Perspective on Comparative Corporate Governance
Randall Morck and Bernard Yeung
- w15043 June 2009 Can a Focus on Breakthrough Technologies Improve the Performance of International Environmental Agreements?
Michael Hoel and Aart de Zeeuw
- w15044 June 2009 Firm Heterogeneity and the Long-run Effects of Dividend Tax Reform
Francois Gourio and Jianjun Miao
- w15045 June 2009 The Credit Rating Crisis
Efraim Benmelech and Jennifer Dlugosz
- w15046 June 2009 Economic Contextual Factors and Child Body Mass Index
Lisa M. Powell and Frank J. Chaloupka
- w15047 June 2009 Pricing Model Performance and the Two-Pass Cross-Sectional Regression Methodology
Raymond Kan, Cesare Robotti, and Jay Shanken
- w15048 June 2009 Trade, Offshoring, and the Invisible Handshake
Bilgehan Karabay and John McLaren
- w15049 June 2009 Information, Animal Spirits, and the Meaning of Innovations in Consumer Confidence
Robert B. Barsky and Eric R. Sims
- w15051 June 2009 Generalized Agency Problems
Randall Morck
- w15052 June 2009 The Japanese Bubble: A 'Heterogeneous' Approach
Robert B. Barsky
- w15053 June 2009 Integrated Political Strategy
John M. de Figueiredo
- w15054 June 2009 Tax Policies for Low-Carbon Technologies
Gilbert E. Metcalf
- w15055 June 2009 Labor-Market Regimes in U.S. Economic History
Joshua L. Rosenbloom and William A. Sundstrom
- w15056 June 2009 Equilibrium effects of public goods: The impact of community water fluoridation on dentists
Katherine Ho and Matthew Neidell
- w15057 June 2009 Measuring Discrimination in Education
Rema Hanna and Leigh Linden
- w15058 June 2009 Bailouts, the Incentive to Manage Risk, and Financial Crises
Stavros Panageas
- w15060 June 2009 Learning by Drilling: Inter-Firm Learning and Relationship Persistence in the Texas Oilpatch
Ryan Kellogg
- w15061 June 2009 Do Patent Pools Encourage Innovation? Evidence from the 19th-Century Sewing Machine Industry
Ryan L. Lampe and Petra Moser
- w15062 June 2009 Crash Risk in Currency Markets
Emmanuel Farhi, Samuel Paul Fraiberger, Xavier Gabaix, Romain Ranciere, and Adrien Verdelhan
- w15022 June 2009 Designing Climate Mitigation Policy
Joseph E. Aldy, Alan J. Krupnick, Richard G. Newell, Ian W.H. Parry, and William A. Pizer
- w15031 June 2009 Energy Efficiency Economics and Policy
Kenneth Gillingham, Richard G. Newell, and Karen Palmer
- w15036 June 2009 Why Do Skilled Immigrants Struggle in the Labor Market? A Field Experiment with Six Thousand Resumes
Philip Oreopoulos
- w15023 June 2009 Watch What I Do, Not What I Say: The Unintended Consequences of the Homeland Investment Act
Dhammika Dharmapala, C. Fritz Foley, and Kristin J. Forbes
- w15024 June 2009 Inflation and the Stock Market:Understanding the "Fed Model"
Geert Bekaert and Eric Engstrom
- w15025 June 2009 Debt, Deficits and Finite Horizons: The Stochastic Case
Roger Farmer, Carine Nourry, and Alain Venditti
- w15026 June 2009 Computing DSGE Models with Recursive Preferences
Dario Caldara, Jesús Fernández-Villaverde, Juan F. Rubio-Ramírez, and Wen Yao
- w15027 June 2009 Direct and Indirect Effects of Teenage Body Weight on Adult Wages
Euna Han, Edward C. Norton, and Lisa M. Powell
- w15028 June 2009 Land Policy: Founding Choices and Outcomes, 1781-1802
Farley Grubb
- w15029 June 2009 Technology Innovation and Diffusion as Sources of Output and Asset Price Fluctuations
Diego A. Comin, Mark Gertler, and Ana Maria Santacreu
- w15030 June 2009 Comparative Advantage and Unemployment
Mark Bils, Yongsung Chang, and Sun-Bin Kim
- w15034 June 2009 What Lies Beneath the Euro's Effect on Financial Integration: Currency Risk, Legal Harmonization, or Trade?
Sebnem Kalemli-Ozcan, Elias Papaioannou, and José-Luis Peydró
- w15032 June 2009 Endogenous Cost-Effectiveness Analysis in Health Care Technology Adoption
Anupam Jena and Tomas Philipson
- w15033 June 2009 Wage Dispersion in the Search and Matching Model with Intra-Firm Bargaining
Dale T. Mortensen
- w15035 June 2009 Co-optimization of Enhanced Oil Recovery and Carbon Sequestration
Andrew Leach, Charles F. Mason, and Klaas van't Veld
- w15002 May 2009 Causes and Consequences of the Oil Shock of 2007-08
James D. Hamilton
- w15012 May 2009 The Elasticity of Taxable Income with Respect to Marginal Tax Rates: A Critical Review
Emmanuel Saez, Joel B. Slemrod, and Seth H. Giertz
- w15008 May 2009 On the Unstable Relationship between Exchange Rates and Macroeconomic Fundamentals
Philippe Bacchetta and Eric van Wincoop
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Chris M. Herbst and Erdal Tekin
- w15019 May 2009 A Dynamic Model of Price Discrimination and Inventory Management at the Fulton Fish Market
Kathryn Graddy and George Hall
- w15000 May 2009 The Impact of the AIDS Pandemic on Health Services in Africa: Evidence from Demographic and Health Surveys
Anne Case and Christina Paxson
- w15001 May 2009 The Impact of State-Level Nutrition-Education Program Funding on BMI: Evidence from the Behavioral Risk Factor Surveillance System
Kerry Anne McGeary
- w15003 May 2009 Incomplete Information, Higher-Order Beliefs and Price Inertia
George-Marios Angeletos and Jennifer La'O
- w15004 May 2009 Crowding Out and Crowding In of Private Donations and Government Grants
Garth Heutel
- w15005 May 2009 Differences in the U.S. Trends in the Prevalence of Obesity Based on Body Mass Index and Skinfold Thickness
Richard V. Burkhauser, John Cawley, and Maximilian D. Schmeiser
- w15006 May 2009 Unraveling Results from Comparable Demand and Supply: An Experimental Investigation
Muriel Niederle, Alvin E. Roth, and M. Utku Ünver
- w15009 May 2009 Liquidity Shocks and Order Book Dynamics
Bruno Biais and Pierre-Olivier Weill
- w15016 May 2009 Was there Really a Hawthorne Effect at the Hawthorne Plant? An Analysis of the Original Illumination Experiments
Steven D. Levitt and John A. List
- w15017 May 2009 Environmental Liability and Redevelopment of Old Industrial Land
Hilary Sigman
- w15010 May 2009 Optimal Inattention to the Stock Market with Information Costs and Transactions Costs
Andrew B. Abel, Janice C. Eberly, and Stavros Panageas
- w15011 May 2009 Joint-Search Theory: New Opportunities and New Frictions
Bulent Guler, Fatih Guvenen, and Giovanni L. Violante
- w15013 May 2009 Migration-Regime Liberalization and Social Security: Political-Economy Effect
Assaf Razin and Edith Sand
- w15014 May 2009 Understanding Inflation-Indexed Bond Markets
John Y. Campbell, Robert J. Shiller, and Luis M. Viceira
- w15015 May 2009 News, Noise, and Fluctuations: An Empirical Exploration
Olivier J. Blanchard, Jean-Paul L'Huillier, and Guido Lorenzoni
- w15018 May 2009 Financial Crisis and the Paradox of Under- and Over-Regulation
Joshua Aizenman
- w15020 May 2009 Effects of Japanese Macroeconomic Announcements on the Dollar/Yen Exchange Rate: High-Resolution Picture
Yuko Hashimoto and Takatoshi Ito
- w15021 May 2009 Fiscal Policy Can Reduce Unemployment: But There is a Less Costly and More Effective Alternative
Roger E. A. Farmer
- w14972 May 2009 Legal Protection in Retail Financial Markets
Bruce I. Carlin and Simon Gervais
- w14983 May 2009 The Structure and Formation of Business Groups: Evidence from Korean Chaebols
Heitor Almeida, Sang Yong Park, Marti Subrahmanyam, and Daniel Wolfenzon
- w14997 May 2009 Complexity and Financial Panics
Ricardo J. Caballero and Alp Simsek
- w14978 May 2009 Spatial Price Discrimination with Heterogeneous Firms
Jonathan Vogel
- w14973 May 2009 Quantity-Quality and the One Child Policy:The Only-Child Disadvantage in School Enrollment in Rural China
Nancy Qian
- w14974 May 2009 Why do Institutions of Higher Education Reward Research While Selling Education?
Dahlia K. Remler and Elda Pema
- w14975 May 2009 The distinct effects of Information Technology and Communication Technology on firm organization
Nicholas Bloom, Luis Garicano, Raffaella Sadun, and John Van Reenen
- w14976 May 2009 The Optimal Taxation of Height: A Case Study of Utilitarian Income Redistribution
N. Gregory Mankiw and Matthew Weinzierl
- w14977 May 2009 Toxic Exposure in America: Estimating Fetal and Infant Health Outcomes
Nikhil Agarwal, Chanont Banternghansa, and Linda Bui
- w14981 May 2009 What Are Cities Worth? Land Rents, Local Productivity, and the Capitalization of Amenity Values
David Albouy
- w14979 May 2009 Analyzing the Extent and Influence of Occupational Licensing on the Labor Market
Morris M. Kleiner and Alan B. Krueger
- w14980 May 2009 A Search-Theoretic Model of the Retail Market for Illicit Drugs
Manolis Galenianos, Rosalie Liccardo Pacula, and Nicola Persico
- w14982 May 2009 Noisy Business Cycles
George-Marios Angeletos and Jennifer La'O
- w14984 May 2009 Where Does the Wage Penalty Bite?
Christian A. Gregory and Christopher J. Ruhm
- w14985 May 2009 The Relationship Between Neighborhood Quality and Obesity Among Children
Bisakha Sen, Stephen Mennemeyer, and Lisa C. Gary
- w14986 May 2009 Short Run Constraints and the Increasing Marginal Value of Time in Recreation
Raymond B. Palmquist, Daniel J. Phaneuf, and V. Kerry Smith
- w14987 May 2009 Outcomes in a Program that Offers Financial Rewards for Weight Loss
John Cawley and Joshua A. Price
- w14988 May 2009 Food Stamp Program and Consumption Choices
Neeraj Kaushal and Qin Gao
- w14989 May 2009 Studying the Child Obesity Epidemic With Natural Experiments
Robert Sandy, Gilbert Liu, John Ottensmann, Rusty Tchernis, Jeffrey Wilson, and O.T. Ford
- w14990 May 2009 Corporate Debt Maturity and the Real Effects of the 2007 Credit Crisis
Heitor Almeida, Murillo Campello, Bruno Laranjeira, and Scott Weisbenner
- w14991 May 2009 Improving the Numerical Performance of BLP Static and Dynamic Discrete Choice Random Coefficients Demand Estimation
Jean-Pierre H. Dubé, Jeremy T. Fox, and Che-Lin Su
- w14992 May 2009 International Trade and Labor Income Risk in the United States
Pravin Krishna and Mine Zeynep Senses
- w14993 May 2009 Monetary Policy and the Dollar
Peter L. Rousseau
- w14994 May 2009 Effects of Weight on Adolescent Educational Attainment
Robert Kaestner, Michael Grossman, and Benjamin Yarnoff
- w14995 May 2009 Impact of "Seguro Popular" on Prenatal Visits in Mexico, 2002-2005: Latent Class Model of Count Data with a Discrete Endogenous Variable
Jeffrey E. Harris and Sandra G. Sosa-Rubi
- w14996 May 2009 Monetary policy in Europe vs the US: what explains the difference?
Harald Uhlig
- w14998 May 2009 Requiescat in Pace? The Consequences of High Priced Funerals in South Africa
Anne Case and Alicia Menendez
- w14999 May 2009 Subsidies to Industry and the Environment
David Kelly
- w14951 May 2009 Do Investments in Universal Early Education Pay Off? Long-term Effects of Introducing Kindergartens into Public Schools
Elizabeth U. Cascio
- w14956 May 2009 Measuring the Benefits of Product Variety with an Accurate Variety Set
Bruce A. Blonigen and Anson Soderbery
- w14954 May 2009 Obfuscation, Learning, and the Evolution of Investor Sophistication
Bruce Ian Carlin and Gustavo Manso
- w14969 May 2009 The Paradox of Declining Female Happiness
Betsey Stevenson and Justin Wolfers
- w14952 May 2009 Market Conditions and the Structure of Securities
Isil Erel, Brandon Julio, Woojin Kim, and Michael Weisbach
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Kishore Gawande, Pravin Krishna, and Marcelo Olarreaga
- w14957 May 2009 Evaluating Rubin's Causal Model for Measuring the Capitalization of Environmental Amenities
H. Allen Klaiber and V. Kerry Smith
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Bruce Ian Carlin and David T. Robinson
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Barry Eichengreen and Poonam Gupta
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Abhijit Banerjee, Esther Duflo, Maitreesh Ghatak, and Jeanne Lafortune
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Scott E. Carrell, Marianne E. Page, and James E. West
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Boyan Jovanovic and Peter L. Rousseau
- w14961 May 2009 Patterns of International Capital Raisings
Juan Carlos Gozzi, Ross Levine, and Sergio L. Schmukler
- w14962 May 2009 What Does Global Expansion of Higher Education Mean for the US?
Richard B. Freeman
- w14963 May 2009 Carbon Geography: The Political Economy of Congressional Support for Legislation Intended to Mitigate Greenhouse Gas Production
Michael I. Cragg and Matthew E. Kahn
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Steven J. Atlas and Jonathan S. Skinner
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Pravin Krishna and Andrei A. Levchenko
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Jesse Rothstein
- w14967 May 2009 The Impact of the Asian Miracle on the Theory of Economic Growth
Robert W. Fogel
- w14970 May 2009 Welfare Spending and Mortality Rates for the Elderly Before the Social Security Era
Adrian Stoian and Price V. Fishback
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Roger K. Loh and René M. Stulz
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Andrei Shleifer and Robert W. Vishny
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Giacomo De Giorgi, Michele Pellizzari, and Silvia Redaelli
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Manuela Angelucci, Giacomo De Giorgi, Marcos A. Rangel, and Imran Rasul
- w14947 May 2009 A Model of Casino Gambling
Nicholas C. Barberis
- w14944 May 2009 The Limitations of Stock Market Efficiency: Price Informativeness and CEO Turnover
Gary B. Gorton, Lixin Huang, and Qiang Kang
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Nisvan Erkal and Suzanne Scotchmer
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Enrico Moretti and Matthew Neidell
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Andreas Lange and Andrew Stocking
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Gary D. Libecap and Dean Lueck
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Michael Schwarz and Yuri Takhteyev
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Carlos Dobkin and Fernando Ferreira
- w14950 May 2009 Letting Different Views about Business Cycles Compete
Paul Beaudry and Bernd Lucke
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Juan Carlos Hallak and Jagadeesh Sivadasan
- w14929 April 2009 Efficient Recapitalization
Thomas Philippon and Philipp Schnabl
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Gita Gopinath, Pierre-Olivier Gourinchas, Chang-Tai Hsieh, and Nicholas Li
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Eyal Dvir and Kenneth S. Rogoff
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Andreas Lange, Andreas Löschel, Carsten Vogt, and Andreas Ziegler
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Söhnke M. Bartram, Gregory Brown, and René M. Stulz
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Joseph Golec and John Vernon
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Julio J. Rotemberg
- w14934 April 2009 The Random Coefficients Logit Model Is Identified
Patrick Bajari, Jeremy Fox, Kyoo il Kim, and Stephen P. Ryan
- w14935 April 2009 Trade Reforms and Market Selection: Evidence from Manufacturing Plants in Colombia
Marcela Eslava, John C. Haltiwanger, Adriana D. Kugler, and Maurice Kugler
- w14936 April 2009 Pollution and International Trade in Services
Arik Levinson
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Claudio Ferraz and Frederico Finan
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M. Ayhan Kose, Eswar S. Prasad, and Ashley D. Taylor
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Jennifer Hunt
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Douglas W. Diamond and Raghuram G. Rajan
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Shih-tse Lo and Dhanoos Sutthiphisal
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Chang-Tai Hsieh, Edward Miguel, Daniel Ortega, and Francisco Rodriguez
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Guido Menzio and Shouyong Shi
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Philip R. Lane and Jay C. Shambaugh
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Tara Watson
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Guido Menzio and Shouyong Shi
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James Feyrer
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David S. Bates
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C. Kirabo Jackson
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Jean-Pierre Dubé, Günter J. Hitsch, and Peter E. Rossi
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Francisco J. Buera, Joseph Kaboski, and Yongseok Shin
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Veronica Guerrieri, Robert Shimer, and Randall Wright
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Xin Meng and Nancy Qian
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Nathan Nunn and Diego Puga
- w14919 April 2009 Reply to "Generalizing the Taylor Principle: A Comment"
Troy Davig and Eric M. Leeper
- w14921 April 2009 Experts and Their Records
Alexander Frankel and Michael Schwarz
- w14922 April 2009 Interviewing in Two-Sided Matching Markets
Robin S. Lee and Michael Schwarz
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Robert Kaestner
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Claudio Ferraz and Frederico Finan
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Jeffrey A. Frankel
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Riccardo DiCecio and Edward Nelson
- w14896 April 2009 Better LATE Than Nothing: Some Comments on Deaton (2009) and Heckman and Urzua (2009)
Guido W. Imbens
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Xavier Giroud and Holger M. Mueller
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Efraim Benmelech and Jennifer Dlugosz
- w14879 April 2009 A New Test of Borrowing Constraints for Education
Meta Brown, John Karl Scholz, and Ananth Seshadri
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Yan Dong and John Whalley
- w14881 April 2009 Information Asymmetry, Information Precision, and the Cost of Capital
Richard A. Lambert, Christian Leuz, and Robert E. Verrecchia
- w14882 April 2009 Bayesian and Frequentist Inference in Partially Identified Models
Hyungsik Roger Moon and Frank Schorfheide
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Eric D. Gould, Victor Lavy, and M. Daniele Paserman
- w14883 April 2009 Sophisticated Monetary Policies
Andrew Atkeson, V. V. Chari, and Patrick Kehoe
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Peter Arcidiacono, Esteban M. Aucejo, Hanming Fang, and Kenneth I. Spenner
- w14886 April 2009 Can You Get What You Pay For? Pay-For-Performance and the Quality of Healthcare Providers
Kathleen J. Mullen, Richard G. Frank, and Meredith B. Rosenthal
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Sebnem Kalemli-Ozcan, Elias Papaioannou, and José Luis Peydró
- w14888 April 2009 Global Financial Structure and Climate Change
John Whalley and Yufei Yuan
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Zhi Da, Re-Jin Guo, and Ravi Jagannathan
- w14890 April 2009 Do Regulations Based on Credit Ratings Affect a Firm's Cost of Capital?
Darren J. Kisgen and Philip E. Strahan
- w14891 April 2009 Regional Trade Integration and Multinational Firm Strategies
Pol Antràs and C. Fritz Foley
- w14892 April 2009 Wall Street's First Corporate Governance Crisis: The Panic of 1826
Eric Hilt
- w14893 April 2009 Gender Interactions within Hierarchies: Evidence from the Political Arena
Stefano Gagliarducci and M. Daniele Paserman
- w14894 April 2009 Euro Membership as a U.K. Monetary Policy Option: Results from a Structural Model
Riccardo DiCecio and Edward Nelson
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Christian Leuz and Catherine Schrand
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Veronica Guerrieri and Péter Kondor
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Nathan Nunn
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Francesca Mazzolari and David Neumark
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Hamish Low, Costas Meghir, and Luigi Pistaferri
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Stefan Laséen and Lars E.O. Svensson
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Jennifer Huang, Clemens Sialm, and Hanjiang Zhang
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Barry Eichengreen, Ashoka Mody, Milan Nedeljkovic, and Lucio Sarno
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Trevon Logan and Manisha Shah
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Patrick Bolton, Tano Santos, and Jose A. Scheinkman
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John Y. Campbell, Stefano Giglio, and Parag Pathak
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Jonathan Skinner and Douglas Staiger
- w14868 April 2009 Business and Financial Method Patents, Innovation, and Policy
Bronwyn H. Hall
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Philippe Aghion, Mathias Dewatripont, Caroline M. Hoxby, Andreu Mas-Colell, and André Sapir
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Caroline M. Hoxby and Sonali Murarka
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Emily Oster and Rebecca Thornton
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Andrew K. Rose and Mark M. Spiegel
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Patrick Bajari and Gregory Lewis
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Thomas J. Holmes and Julia Thornton Snider
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Stephen Coate and Brian Knight
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Randall Morck
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John Beshears, James J. Choi, David Laibson, and Brigitte C. Madrian
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Bryan S. Graham, Guido W. Imbens, and Geert Ridder
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Shai Bernstein, Josh Lerner, and Antoinette Schoar
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Marvin Goodfriend and Robert G. King
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Simon Gilchrist, Vladimir Yankov, and Egon Zakrajsek
- w14864 April 2009 Strategy-proofness versus Efficiency in Matching with Indifferences: Redesigning the New York City High School Match
Atila Abdulkadiroglu, Parag A. Pathak, and Alvin E. Roth
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Elizabeth Cascio, Nora Gordon, Ethan Lewis, and Sarah Reber
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S. Boragan Aruoba and Frank Schorfheide
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Francis A. Longstaff and Brett Myers
- w14872 April 2009 DSGE Model-Based Forecasting of Non-modelled Variables
Frank Schorfheide, Keith Sill, and Maxym Kryshko
- w14873 April 2009 Gender Roles and Medical Progress
Stefania Albanesi and Claudia Olivetti
- w14874 April 2009 The Finnish Great Depression: From Russia with Love
Yuriy Gorodnichenko, Enrique G. Mendoza, and Linda L. Tesar
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Jesús Fernández-Villaverde, Pablo A. Guerrón-Quintana, Juan Rubio-Ramírez, and Martín Uribe
- w14839 April 2009 Employer-Sponsored Health Insurance and the Promise of Health Insurance Reform
Thomas C. Buchmueller and Alan C. Monheit
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Charles Engel
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Robert Buchele, Douglas Kruse, Loren Rodgers, and Adria Scharf
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Daron Acemoglu, Davide Cantoni, Simon Johnson, and James A. Robinson
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David Popp, Richard G. Newell, and Adam B. Jaffe
- w14833 April 2009 The Causes and Effects of International Migrations: Evidence from OECD Countries 1980-2005
Francesc Ortega and Giovanni Peri
- w14834 April 2009 A Model of International Cities: Implications for Real Exchange Rates
Mario J. Crucini and Hakan Yilmazkuday
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Mario J. Crucini, Mototsugu Shintani, and Takayuki Tsuruga
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Raj Chetty and Emmanuel Saez
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Justin R. Pierce and Peter K. Schott
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Robert S. Goldfarb, Thomas C. Leonard, Sara Markowitz, and Steven Suranovic
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Muriel Niederle and Leeat Yariv
- w14844 April 2009 Early Admissions at Selective Colleges
Christopher Avery and Jonathan D. Levin
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John Engberg, Dennis Epple, Jason Imbrogno, Holger Sieg, and Ron Zimmer
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Geert Bekaert, Campbell R. Harvey, and Christian Lundblad
- w14845 April 2009 A Unified Theory of Tobin's q, Corporate Investment, Financing, and Risk Management
Patrick Bolton, Hui Chen, and Neng Wang
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Roger E.A. Farmer
- w14847 April 2009 Fluctuations in Overseas Travel by Americans, 1820 to 2000
Brandon Dupont, Alka Gandhi, and Thomas Weiss
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Hui Chen, Jianjun Miao, and Neng Wang
- w14849 April 2009 Surprising Comparative Properties of Monetary Models: Results from a New Data Base
John B. Taylor and Volker Wieland
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Kaivan Munshi and Mark Rosenzweig
- w14809 March 2009 When Does Labor Scarcity Encourage Innovation?
Daron Acemoglu
- w14810 March 2009 Learning about Academic Ability and the College Drop-out Decision
Todd R. Stinebrickner and Ralph Stinebrickner
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Gabriel Aranovich, Jay Bhattacharya, Alan M. Garber, and Thomas E. MaCurdy
- w14812 March 2009 Self-Enforcing Trade Agreements and Private Information
Kyle Bagwell
- w14813 March 2009 Depression Babies: Do Macroeconomic Experiences Affect Risk-Taking?
Ulrike Malmendier and Stefan Nagel
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Ravi Bansal and Ivan Shaliastovich
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Ravi Bansal and Ivan Shaliastovich
- w14816 March 2009 Time of Troubles: The Yen and Japan's Economy, 1985-2008
Maurice Obstfeld
- w14817 March 2009 Do Newspapers Matter? Short-run and Long-run Evidence from the Closure of The Cincinnati Post
Sam Schulhofer-Wohl and Miguel Garrido
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Laurence M. Ball
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Emily Oster and Rebecca Thornton
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Fiona Murray, Philippe Aghion, Mathias Dewatripont, Julian Kolev, and Scott Stern
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David E. Bloom, David Canning, Günther Fink, and Jocelyn E. Finlay
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Joshua Aizenman and Gurnain Kaur Pasricha
- w14822 March 2009 The Rise of the Service Economy
Francisco J. Buera and Joseph P. Kaboski
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Ajay Mahal, Brendan O'Flaherty, and David E. Bloom
- w14824 March 2009 New-Keynesian Economics: An AS-AD View
Pierpaolo Benigno
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Alberto F. Alesina and Paola Giuliano
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Maurice Obstfeld, Jay C. Shambaugh, and Alan M. Taylor
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Bruce D. Meyer and James X. Sullivan
- w14796 March 2009 The Analytics of the Wage Effect of Immigration
George J. Borjas
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John Bound, Sarah Turner, and Patrick Walsh
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Erik B. Johnson and Randall Walsh
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Michael B. Devereux and Alan Sutherland
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Michael B. Devereux, Gregor W. Smith, and James Yetman
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Albert Link and Christopher Ruhm
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Orley C. Ashenfelter, Daniel Hosken, and Matthew Weinberg
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Nergiz Dincer and Barry Eichengreen
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James A. Robinson and Ragnar Torvik
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Chulhee Lee
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Christopher Blattman and Edward Miguel
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Geert Bekaert, Campbell R. Harvey, Christian Lundblad, and Stephan Siegel
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Kyle Bagwell and Robert W. Staiger
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Turan G. Bali, Nusret Cakici, and Robert F. Whitelaw
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Katharine G. Abraham, John C. Haltiwanger, Kristin Sandusky, and James Spletzer
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Annamaria Lusardi and Peter Tufano
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Edward L. Glaeser and Joshua D. Gottlieb
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David Neumark
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Philip Babcock and Julian R. Betts
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Cory Koedel and Julian Betts
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Anusha Chari, Wenjie Chen, and Kathryn M.E. Dominguez
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Marigee Bacolod, John DiNardo, and Mireille Jacobson
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Marc-Andreas Muendler and Sascha O. Becker
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Joshua Aizenman
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Jennifer L. Steele, Richard J. Murnane, and John B. Willett
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Joshua D. Angrist, Stacey H. Chen, and Brigham R. Frandsen
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John F. Cogan, Tobias Cwik, John B. Taylor, and Volker Wieland
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Nathan Nunn and Leonard Wantchekon
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Assaf Razin, Efraim Sadka, and Benjarong Suwankiri
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Timothy J. Hatton and Jeffrey G. Williamson
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Mark Bils, Peter J. Klenow, and Benjamin A. Malin
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Jason Beeler and John Y. Campbell
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Kanaka D. Shetty, Thomas DeLeire, Chapin White, and Jayanta Bhattacharya
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Richard B. Freeman
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Ruben Durante and Brian Knight
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Sevket Pamuk and Jeffrey G. Williamson
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Roland Bénabou
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Jeremy Bulow, Jonathan Levin, and Paul Milgrom
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Jeffrey G. Williamson
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William Hynes, David S. Jacks, and Kevin H. O'Rourke
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Jonathan Heathcote, Kjetil Storesletten, and Giovanni L. Violante
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Philippe Aghion, John Van Reenen, and Luigi Zingales
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Jess Benhabib
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Matilde Bombardini and Francesco Trebbi
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Lars Ljungqvist and Harald Uhlig
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Tara Watson and Sara McLanahan
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Camilo García-Jimeno and James A. Robinson
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Chris Forman, Avi Goldfarb, and Shane Greenstein
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Siqi Zheng, Matthew E. Kahn, and Hongyu Liu
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Joshua Schwartzstein and Andrei Shleifer
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Matthew D. Shapiro and Joel B. Slemrod
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Miles S. Kimball, Claudia R. Sahm, and Matthew D. Shapiro
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Robert S. Pindyck
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Alberto Abadie and Guido Imbens
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Lubos Pastor and Robert F. Stambaugh
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Shane Greenstein and Ryan C. McDevitt
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Jason T. Abaluck and Jonathan Gruber
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Robert J. Barro and José F. Ursúa
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Vasiliki Skreta and Laura Veldkamp
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David S. Jacks, Kevin H. O'Rourke, and Jeffrey G. Williamson
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Gautam Gowrisankaran and Marc Rysman
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Alon Cohen, Assaf Razin, and Efraim Sadka
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Pierpaolo Benigno and Salvatore Nisticò
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Jess Benhabib and Alberto Bisin
- w14731 February 2009 Bretton Woods II Still Defines the International Monetary System
Michael P. Dooley, David Folkerts-Landau, and Peter M. Garber
- w14732 February 2009 A Sticky-Information General-Equilibrium Model for Policy Analysis
Ricardo Reis
- w14733 February 2009 Characteristics of Observed Limit Order Demand and Supply Schedules for Individual Stocks
Jung-Wook Kim, Jason Lee, and Randall Morck
- w14735 February 2009 A New Metric for Banking Integration in Europe
Reint Gropp and Anil Kashyap
- w14736 February 2009 The Contribution of Highways to GDP Growth
Barbara M. Fraumeni
- w14739 February 2009 The Credit Crisis: Conjectures about Causes and Remedies
Douglas W. Diamond and Raghuram Rajan
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Giuseppe Moscarini and Fabien Postel-Vinay
- w14741 February 2009 Earnings Inequality and Coordination Costs: Evidence From U.S. Law Firms
Luis Garicano and Thomas Hubbard
- w14742 February 2009 Is Lottery Gambling Addictive?
Jonathan Guryan and Melissa Schettini Kearney
- w14743 February 2009 Modeling Earnings Dynamics
Joseph G. Altonji, Anthony Smith, and Ivan Vidangos
- w14744 February 2009 Income and Health Spending: Evidence from Oil Price Shocks
Daron Acemoglu, Amy Finkelstein, and Matthew J. Notowidigdo
- w14745 February 2009 Socioeconomic Differences in the Health of Black Union Army Soldiers
Chulhee Lee
- w14746 February 2009 Technological Changes and Employment of Older Manufacturing Workers in Early Twentieth Century America
Chulhee Lee
- w14747 February 2009 Where does regulation hurt? Evidence from new businesses across countries
Silvia Ardagna and Annamaria Lusardi
- w14749 February 2009 Interracial Workplace Cooperation: Evidence from the NBA
Joseph Price, Lars Lefgren, and Henry Tappen
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Yuezhou Cai, Raymond Riezman, and John Whalley
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Patrick Bolton, Xavier Freixas, and Joel Shapiro
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Lex Borghans, Bart H.H. Golsteyn, James J. Heckman, and Huub Meijers
- w14714 February 2009 Financial Patenting in Europe
Bronwyn H. Hall, Grid Thoma, and Salvatore Torrisi
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Annamaria Lusardi, Punam Anand Keller, and Adam M. Keller
- w14716 February 2009 Introduction to "China's Growing Role in World Trade"
Robert C. Feenstra and Shang-Jin Wei
- w14717 February 2009 Work Environment and "Opt-Out" Rates at Motherhood Across High-Education Career Paths
Jane Leber Herr and Catherine Wolfram
- w14718 February 2009 Towards an Efficient Mechanism for Prescription Drug Procurement
Kyna Fong and Michael Schwarz
- w14719 February 2009 Why We Need to Measure the Effect of Merger Policy and How to Do It
Dennis W. Carlton
- w14720 February 2009 International Evidence on the Social Context of Well-Being
John F. Helliwell, Christopher P. Barrington-Leigh, Anthony Harris, and Haifang Huang
- w14721 February 2009 The Effect of Fast Food Restaurants on Obesity and Weight Gain
Janet Currie, Stefano DellaVigna, Enrico Moretti, and Vikram Pathania
- w14722 February 2009 The Euro and Fiscal Policy
Antonio Fatas and Ilian Mihov
- w14723 February 2009 Regression Discontinuity Designs in Economics
David S. Lee and Thomas Lemieux
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Leonce L. Bargeron, Frederik P. Schlingemann, René M. Stulz, and Chad J. Zutter
- w14725 February 2009 Implementing the New Fiscal Policy Activism
Alan J. Auerbach
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Guido Imbens and Karthik Kalyanaraman
- w14727 February 2009 A Note on Liquidity Risk Management
Markus K. Brunnermeier and Motohiro Yogo
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Cristina Yunzal-Butler, Theodore J. Joyce, and Andrew D. Racine
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Casey Mulligan
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Joseph Gyourko
- w14703 February 2009 Disclosure by Politicians
Simeon Djankov, Rafael La Porta, Florencio Lopez-de-Silanes, and Andrei Shleifer
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Pascaline Dupas
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Laurent E. Calvet, John Y. Campbell, and Paolo Sodini
- w14691 February 2009 International Finance and Growth in Developing Countries: What Have We Learned?
Maurice Obstfeld
- w14700 February 2009 New Estimation of China's Exchange Rate Regime
Jeffrey A. Frankel
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John Y. Campbell, Adi Sunderam, and Luis M. Viceira
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Marco Manacorda, Edward Miguel, and Andrea Vigorito
- w14704 February 2009 Economies of Density versus Natural Advantage: Crop Choice on the Back Forty
Thomas J. Holmes and Sanghoon Lee
- w14705 February 2009 Stereotype Threat and the Student-Athlete
Thomas S. Dee
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James J. Heckman and Sergio Urzua
- w14709 February 2009 Long-Run Impacts of Unions on Firms: New Evidence from Financial Markets, 1961-1999
David Lee and Alexandre Mas
- w14710 February 2009 Understanding Markov-Switching Rational Expectations Models
Roger E.A. Farmer, Tao Zha, and Daniel F. Waggoner
- w14698 January 2009 The Term Structures of Equity and Interest Rates
Martin Lettau and Jessica A. Wachter
- w14678 January 2009 Is Monetary Policy Effective During Financial Crises?
Frederic S. Mishkin
- w14682 January 2009 Welfare and Generational Equity in Sustainable Unfunded Pension Systems
Alan J. Auerbach and Ronald Lee
- w14681 January 2009 Dynamics of the Gender Gap for Young Professionals in the Corporate and Financial Sectors
Marianne Bertrand, Claudia Goldin, and Lawrence F. Katz
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Nicole Maestas, Mathis Schroeder, and Dana Goldman
- w14680 January 2009 Temperature and Income: Reconciling New Cross-Sectional and Panel Estimates
Melissa Dell, Benjamin F. Jones, and Benjamin A. Olken
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David Card
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Martin S. Feldstein
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Martin S. Feldstein
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Lucas W. Davis and Lutz Kilian
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Joseph H. Davis, Christopher Hanes, and Paul W. Rhode
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Francis A. Longstaff
- w14688 January 2009 Global Imbalances and Financial Fragility
Ricardo J. Caballero and Arvind Krishnamurthy
- w14689 January 2009 Median Stable Matching
Michael Schwarz and M. Bumin Yenmez
- w14690 January 2009 Instruments of development: Randomization in the tropics, and the search for the elusive keys to economic development
Angus S. Deaton
- w14697 January 2009 The Demand for Youth: Implications for the Hours Volatility Puzzle
Nir Jaimovich, Seth Pruitt, and Henry E. Siu
- w14692 January 2009 Take-Up of Medicare Part D: Results from the Health and Retirement Study
Helen Levy and David Weir
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Pascaline Dupas and Jonathan Robinson
- w14694 January 2009 Commodity Price Shocks and the Australian Economy since Federation
Sambit Bhattacharyya and Jeffrey G. Williamson
- w14695 January 2009 The Economics and Psychology of Inequality and Human Development
Flavio Cunha and James J. Heckman
- w14658 January 2009 Some New Perspectives on India's Approach to Capital Account Liberalization
Eswar S. Prasad
- w14666 January 2009 Student sorting and bias in value added estimation: Selection on observables and unobservables
Jesse Rothstein
- w14665 January 2009 Who Bears Aggregate Fluctuations and How?
Jonathan A. Parker and Annette Vissing-Jorgensen
- w14667 January 2009 Retirement Income Security and Well-Being in Canada
Michael Baker, Jonathan Gruber, and Kevin S. Milligan
- w14630 January 2009 Fiscal Foresight and Information Flows
Eric M. Leeper, Todd B. Walker, and Shu-Chun Susan Yang
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Sumit Agarwal, Paige M. Skiba, and Jeremy Tobacman
- w14660 January 2009 Public Policies and Women's Employment after Childbearing
Wen-Jui Han, Christopher Ruhm, Jane Waldfogel, and Elizabeth Washbrook
- w14662 January 2009 The Margins of U.S. Trade (Long Version)
Andrew B. Bernard, J. Bradford Jensen, Stephen J. Redding, and Peter K. Schott
- w14663 January 2009 The Integrated Financial and Real System of National Accounts for the United States: Does It Presage the Financial Crisis?
Michael G. Palumbo and Jonathan A. Parker
- w14664 January 2009 How Globalization Affects Tax Design
James R. Hines, Jr. and Lawrence H. Summers
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Arnaud Costinot, Lindsay Oldenski, and James E. Rauch
- w14669 January 2009 Momentum traders in the housing market: survey evidence and a search model
Monika Piazzesi and Martin Schneider
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Bee Yan Aw, Mark J. Roberts, and Daniel Yi Xu
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Phillip B. Levine and Diane Whitmore Schanzenbach
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Hanno Lustig, Chad Syverson, and Stijn Van Nieuwerburgh
- w14672 January 2009 Matching and Inequality in the World Economy
Arnaud Costinot and Jonathan Vogel
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Yin-Wong Cheung, Menzie D. Chinn, and Eiji Fujii
- w14674 January 2009 Last-In First-Out Oligopoly Dynamics
Jaap H. Abbring and Jeffrey R. Campbell
- w14675 January 2009 "Momma's Got the Pill": How Anthony Comstock and Griswold v. Connecticut Shaped U.S. Childbearing
Martha J. Bailey
- w14676 January 2009 Unemployment, Market Work and Household Production
Michael Burda and Daniel S. Hamermesh
- w14677 January 2009 The Econometrics of DSGE Models
Jesús Fernández-Villaverde
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Stefano Battiston, Domenico Delli Gatti, Mauro Gallegati, Bruce C. Greenwald, and Joseph E. Stiglitz
- w14655 January 2009 Policy Choice: Theory and Evidence from Commitment via International Trade Agreements
Nuno Limão and Patricia Tovar
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Joseph P.H. Fan, Jun Huang, Randall Morck, and Bernard Yeung
- w14644 January 2009 Wages and Human Capital in the U.S. Financial Industry: 1909-2006
Thomas Philippon and Ariell Reshef
- w14645 January 2009 An Elementary Theory of Comparative Advantage
Arnaud Costinot
- w14646 January 2009 Learning in Financial Markets
Lubos Pastor and Pietro Veronesi
- w14647 January 2009 Social Security Programs and Retirement Around the World: The Relationship to Youth Employment, Introduction and Summary
Jonathan Gruber, Kevin Milligan, and David A. Wise
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Philippe Aghion, Yann Algan, Pierre Cahuc, and Andrei Shleifer
- w14649 January 2009 Information, Liquidity, and the (Ongoing) Panic of 2007
Gary B. Gorton
- w14651 January 2009 Inventories, Markups, and Real Rigidities in Menu Cost Models
Oleksiy Kryvtsov and Virgiliu Midrigan
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David Autor and David Dorn
- w14653 January 2009 Life Expectancy and Old Age Savings
Mariacristina De Nardi, Eric French, and John Bailey Jones
- w14654 January 2009 Satisficing Contracts
Patrick Bolton and Antoine Faure-Grimaud
- w14656 January 2009 The Aftermath of Financial Crises
Carmen M. Reinhart and Kenneth S. Rogoff
- w14657 January 2009 Sterling in crisis: 1964-1967
Michael D. Bordo, Ronald MacDonald, and Michael J. Oliver
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John B. Taylor
- w14632 January 2009 Exporting and Firm Performance: Chinese Exporters and the Asian Financial Crisis
Albert Park, Dean Yang, Xinzheng Shi, and Yuan Jiang
- w14633 January 2009 Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation
Eric A. Hanushek and Ludger Woessmann
- w14634 January 2009 The Effects of Pharmaceutical Marketing and Promotion on Adverse Drug Events and Regulation
Guy David, Sara Markowitz, and Seth Richards
- w14635 January 2009 Recent Trends in Height by Gender and Ethnicity in the US in Relation to Levels of Income
John Komlos
- w14636 January 2009 How Big are the Gains from International Financial Integration?
Indrit Hoxha, Sebnem Kalemli-Ozcan, and Dietrich Vollrath
- w14637 January 2009 Life (evaluation), HIV/AIDS, and Death in Africa
Angus Deaton, Jane Fortson, and Robert Tortora
- w14638 January 2009 The Perils of the Learning Model For Modeling Endogenous Technological Change
William D. Nordhaus
- w14639 January 2009 Do Bequests Increase or Decrease Wealth Inequalities?
Charles Yuji Horioka
- w14640 January 2009 Did Railroads Induce or Follow Economic Growth? Urbanization and Population Growth in the American Midwest, 1850-60
Jeremy Atack, Fred Bateman, Michael Haines, and Robert A. Margo
- w14641 January 2009 Did Improvements in Household Technology Cause the Baby Boom? Evidence from Electrification, Appliance Diffusion, and the Amish
Martha J. Bailey and William J. Collins
- w14642 January 2009 Gravity, Productivity and the Pattern of Production and Trade
James E. Anderson
- w14643 January 2009 Globalization and Income Distribution: A Specific Factors Continuum Approach
James E. Anderson
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