Papers Issued in 2021
- w28601 March 2021 Addressing the COVID-19 Pandemic: Comparing Alternative Value Frameworks
Maddalena Ferranna, JP Sevilla, and David E. Bloom
- w28619 March 2021 The Incidence and Magnitude of the Health Costs of In-person Schooling during the COVID-19 Pandemic
Casey B. Mulligan
- w28618 March 2021 Millennials and the Take-Off of Craft Brands: Preference Formation in the U.S. Beer Industry
Bart J. Bronnenberg, Jean-Pierre H. Dubé, and Joonhwi Joo
- w28617 March 2021 Bayesian Estimation of Epidemiological Models: Methods, Causality, and Policy Trade-Offs
Jonas E. Arias, Jesús Fernández-Villaverde, Juan Rubio Ramírez, and Minchul Shin
- w28616 March 2021 The Smoot-Hawley Trade War
Kris James Mitchener, Kirsten Wandschneider, and Kevin Hjortshøj O'Rourke
- w28615 March 2021 Big Data in Finance
Itay Goldstein, Chester S. Spatt, and Mao Ye
- w28609 March 2021 The Rise of Dual-Class Stock IPOs
Dhruv Aggarwal, Ofer Eldar, Yael Hochberg, and Lubomir P. Litov
- w28602 March 2021 Patent Auctions and Bidding Coalitions: Structuring the Sale of Club Goods
John Asker, Mariagiovanna Baccara, and SangMok Lee
- w28603 March 2021 Africa's Latent Assets
Soeren J. Henn and James A. Robinson
- w28604 March 2021 Implications of Diagnostic Expectations: Theory and Applications
Francesco Bianchi, Cosmin L. Ilut, and Hikaru Saijo
- w28605 March 2021 Career Spillovers in Internal Labor Markets
Nicola Bianchi, Giulia Bovini, Jin Li, Matteo Paradisi, and Michael L. Powell
- w28606 March 2021 Rugged Entrepreneurs: The Geographic and Cultural Contours of New Business Formation
John M. Barrios, Yael Hochberg, and Daniele Macciocchi
- w28607 March 2021 Aspirations and Financial Decisions: Experimental Evidence from the Philippines
David McKenzie, Aakash Mohpal, and Dean Yang
- w28608 March 2021 Exchange Rate Fluctuations and Firm Leverage
Ṣebnem Kalemli-Özcan, Ilhyock Shim, and Xiaoxi Liu
- w28600 March 2021 Misdemeanor Prosecution
Amanda Y. Agan, Jennifer L. Doleac, and Anna Harvey
- w28610 March 2021 Slippery Fish: Enforcing Regulation when Agents Learn and Adapt
Andres Gonzalez-Lira and Ahmed Mushfiq Mobarak
- w28611 March 2021 Pay Me Later: Savings Constraints and the Demand for Deferred Payments
Lasse Brune, Eric Chyn, and Jason T. Kerwin
- w28612 March 2021 Does LEED Certification Save Energy? Evidence from Federal Buildings
Karen Clay, Edson R. Severnini, and Xiaochen Sun
- w28613 March 2021 Financial and Total Wealth Inequality with Declining Interest Rates
Daniel L. Greenwald, Matteo Leombroni, Hanno Lustig, and Stijn Van Nieuwerburgh
- w28614 March 2021 Weather, Climate, and Migration in the United States
Jamie T. Mullins and Prashant Bharadwaj
- w28620 March 2021 Carbon Policy and the Emissions Implications of Electric Vehicles
Kenneth Gillingham, Marten Ovaere, and Stephanie M. Weber
- w28621 March 2021 Public Health Policy At Scale: Impact of a Government-sponsored Information Campaign on Infant Mortality in Denmark
Onur Altindag, Jane Greve, and Erdal Tekin
- w28622 March 2021 Body-Worn Cameras in Policing: Benefits and Costs
Morgan C. Williams Jr., Nathan Weil, Elizabeth A. Rasich, Jens Ludwig, Hye Chang, and Sophia Egrari
- w28623 March 2021 When Did Growth Begin? New Estimates of Productivity Growth in England from 1250 to 1870
Paul Bouscasse, Emi Nakamura, and Jón Steinsson
- w28624 March 2021 Discontinued Positive Feedback Trading and the Decline in Asset Pricing Factor Profitability
Itzhak Ben-David, Jiacui Li, Andrea Rossi, and Yang Song
- w28625 March 2021 The Effect of Macroeconomic Uncertainty on Household Spending
Olivier Coibion, Dimitris Georgarakos, Yuriy Gorodnichenko, Geoff Kenny, and Michael Weber
- w28626 March 2021 Using Machine Learning and Qualitative Interviews to Design a Five-Question Women's Agency Index
Seema Jayachandran, Monica Biradavolu, and Jan Cooper
- w28627 March 2021 Dry Bulk Shipping and the Evolution of Maritime Transport Costs, 1850-2020
David S. Jacks and Martin Stuermer
- w28566 March 2021 Family Companionship and Elderly Suicide: Evidence from the Chinese Lunar New Year
Hanming Fang, Ziteng Lei, Liguo Lin, and Peng Zhang
- w28574 March 2021 The Mortgage Piggy Bank: Building Wealth through Amortization
Asaf Bernstein and Peter Koudijs
- w28575 March 2021 The Causal Effect of Depression and Anxiety on Life Satisfaction: An Instrumental Variable Approach
Arnar Buason, Edward C. Norton, Paul McNamee, Edda Bjork Thordardottir, and Tinna Laufey Asgeirsdóttir
- w28576 March 2021 Trading Spaces: Medicare’s Regulatory Spillovers on Treatment Setting for Non-Medicare Patients
Michael Geruso and Michael R. Richards
- w28585 March 2021 Central Bank Swap Arrangements in the COVID-19 Crisis
Joshua Aizenman, Hiro Ito, and Gurnain Kaur Pasricha
- w28584 March 2021 Information Spillovers in Experience Goods Competition
Zhuoqiong Charlie Chen, Christopher T. Stanton, and Catherine Thomas
- w28583 March 2021 Old Boys' Clubs and Upward Mobility Among the Educational Elite
Valerie Michelman, Joseph Price, and Seth D. Zimmerman
- w28572 March 2021 Unequal Jury Representation and Its Consequences
Shamena Anwar, Patrick Bayer, and Randi Hjalmarsson
- w28571 March 2021 SVARs With Occasionally-Binding Constraints
S. Borağan Aruoba, Marko Mlikota, Frank Schorfheide, and Sergio Villalvazo
- w28591 March 2021 Adaptation to Environmental Change: Agriculture and the Unexpected Incidence of the Acid Rain Program
Nicholas J. Sanders and Alan Barreca
- w28570 March 2021 Testing for Parameter Instability and Structural Change in Persistent Predictive Regressions
Torben G. Andersen and Rasmus T. Varneskov
- w28569 March 2021 Consistent Local Spectrum (LCM) Inference for Predictive Return Regressions
Torben G. Andersen and Rasmus T. Varneskov
- w28568 March 2021 Consistent Inference for Predictive Regressions in Persistent Economic Systems
Torben G. Andersen and Rasmus T. Varneskov
- w28567 March 2021 The Impact of the Federal Pandemic Unemployment Compensation on Job Search and Vacancy Creation
Ioana Marinescu, Daphne Skandalis, and Daniel Zhao
- w28590 March 2021 The Value of Employer-Sponsored Health Insurance
Casey B. Mulligan
- w28589 March 2021 Dynamic Oligopoly Pricing with Asymmetric Information: Implications for Horizontal Mergers
Andrew Sweeting, Xuezhen Tao, and Xinlu Yao
- w28581 March 2021 Reducing Parent-School Information Gaps and Improving Education Outcomes: Evidence from High-Frequency Text Messages
Samuel Berlinski, Matias Busso, Taryn Dinkelman, and Claudia Martínez A.
- w28582 March 2021 Branch Expansion versus Digital Banking: The Dynamics of Growth and Inequality in a Spatial Equilibrium Model
Yan Ji, Songyuan Teng, and Robert Townsend
- w28587 March 2021 The Repeated Setbacks of HIV Vaccine Development Laid the Groundwork for SARS-CoV-2 Vaccines
Jeffrey E. Harris
- w28586 March 2021 Human Capital and Black-White Earnings Gaps, 1966-2017
Owen Thompson
- w28579 March 2021 Not a Typical Firm: The Joint Dynamics of Firms, Labor Shares, and Capital–Labor Substitution
Joachim Hubmer and Pascual Restrepo
- w28578 March 2021 The Political Economy of Responses to COVID-19 in the U.S.A.
Zhihan Cui, Geoffrey Heal, Howard Kunreuther, and Lu Liu
- w28577 March 2021 Oh, How the Mighty Have Fallen: The Bank Failures and Near Failures That Started America’s Greatest Financial Panics
Hugh Rockoff
- w28573 March 2021 The Impacts of Opportunity Zones on Zone Residents
Matthew Freedman, Shantanu Khanna, and David Neumark
- w28580 March 2021 Real and Private-Value Assets
William N. Goetzmann, Christophe Spaenjers, and Stijn Van Nieuwerburgh
- w28599 March 2021 Sovereign Debt Ratchets and Welfare Destruction
Peter M. DeMarzo, Zhiguo He, and Fabrice Tourre
- w28588 March 2021 Digital Resilience: How Work-From-Home Feasibility Affects Firm Performance
John (Jianqiu) Bai, Erik Brynjolfsson, Wang Jin, Sebastian Steffen, and Chi Wan
- w28592 March 2021 The Voice of Monetary Policy
Yuriy Gorodnichenko, Tho Pham, and Oleksandr Talavera
- w28593 March 2021 Persuasion in Medicine: Messaging to Increase Vaccine Demand
Marcella Alsan and Sarah Eichmeyer
- w28594 March 2021 Combining Rules and Discretion in Economic Development Policy: Evidence on the Impacts of the California Competes Tax Credit
Matthew Freedman, David Neumark, and Shantanu Khanna
- w28596 March 2021 Diversity in Schools: Immigrants and the Educational Performance of U.S. Born Students
David N. Figlio, Paola Giuliano, Riccardo Marchingiglio, Umut Özek, and Paola Sapienza
- w28597 March 2021 Industrialization and Urbanization in Nineteenth Century America
Jeremy Atack, Robert A. Margo, and Paul Rhode
- w28598 March 2021 Sovereign Debt in the 21st Century: Looking Backward, Looking Forward
Kris James Mitchener and Christoph Trebesch
- w28473 March 2021 Stochastic Earnings Growth and Equilibrium Wealth Distributions
Thomas J. Sargent, Neng Wang, and Jinqiang Yang
- w28544 March 2021 Education and Innovation
Barbara Biasi, David J. Deming, and Petra Moser
- w28548 March 2021 Minimax Risk and Uniform Convergence Rates for Nonparametric Dyadic Regression
Bryan S. Graham, Fengshi Niu, and James L. Powell
- w28563 March 2021 Water Infrastructure and Health in U.S. Cities
Brian Beach
- w28562 March 2021 Uncertainty and Risk-Taking in Science: Meaning, Measurement and Management
Chiara Franzoni and Paula Stephan
- w28557 March 2021 Discount Rates, Mortality Projections, and Money's Worth Calculations for US Individual Annuities
James M. Poterba and Adam Solomon
- w28561 March 2021 Big Push in Distorted Economies
Francisco J. Buera, Hugo Hopenhayn, Yongseok Shin, and Nicholas Trachter
- w28547 March 2021 Doing Business in China: Parental Background and Government Intervention Determine Who Owns Businesses
Ruixue Jia, Xiaohuan Lan, and Gerard Padró I Miquel
- w28560 March 2021 The Diffusion of Health Care Fraud: A Network Analysis
A. James O'Malley, Thomas A. Bubolz, and Jonathan S. Skinner
- w28552 March 2021 Student Learning in Online College Programs
Stephanie Riegg Cellini and Hernando Grueso
- w28550 March 2021 CEO Stress, Aging, and Death
Mark Borgschulte, Marius Guenzel, Canyao Liu, and Ulrike Malmendier
- w28551 March 2021 Service-Led or Service-Biased Growth? Equilibrium Development Accounting across Indian Districts
Tianyu Fan, Michael Peters, and Fabrizio Zilibotti
- w28564 March 2021 Climate Royalty Surcharges
Brian C. Prest and James H. Stock
- w28556 March 2021 The Effects of Child Tax Benefits on Poverty and Labor Supply: Evidence from the Canada Child Benefit and Universal Child Care Benefit
Michael Baker, Derek Messacar, and Mark Stabile
- w28549 March 2021 Global Value Chains
Pol Antràs and Davin Chor
- w28546 March 2021 On the Distribution of Estates and the Distribution of Wealth: Evidence from the Dead
Yonatan Berman and Salvatore Morelli
- w28555 March 2021 Effects of Recent Minimum Wage Policies in California and Nationwide: Results from a Pre-specified Analysis Plan
David Neumark and Maysen Yen
- w28559 March 2021 Why Did Bank Stocks Crash During COVID-19?
Viral V. Acharya, Robert F. Engle III, and Sascha Steffen
- w28554 March 2021 A Soul's View of the Optimal Population Problem
David de la Croix and Matthias Doepke
- w28543 March 2021 Lessons from Denmark about Inequality and Social Mobility
James J. Heckman and Rasmus Landersø
- w28545 March 2021 Licensing Life-Saving Drugs for Developing Countries: Evidence from the Medicines Patent Pool
Alberto Galasso and Mark Schankerman
- w28542 March 2021 Tax Evasion at the Top of the Income Distribution: Theory and Evidence
John Guyton, Patrick Langetieg, Daniel Reck, Max Risch, and Gabriel Zucman
- w28553 March 2021 Government Policies in a Granular Global Economy
Cecile Gaubert, Oleg Itskhoki, and Maximilian Vogler
- w28558 March 2021 Migration and Redistribution: Federal Governance of an Economic Union Matters
Assaf Razin and Efraim Sadka
- w28565 March 2021 A Welfare Analysis of Competitive Insurance Markets with Vertical Differentiation and Adverse Selection
W. Bentley MacLeod
- w28537 March 2021 ‘You Will:’ A Macroeconomic Analysis of Digital Advertising
Jeremy Greenwood, Yueyuan Ma, and Mehmet Yorukoglu
- w28538 March 2021 Market Power in Neoclassical Growth Models
Laurence M. Ball and N. Gregory Mankiw
- w28540 March 2021 A Model of Credit, Money, Interest, and Prices
Saki Bigio and Yuliy Sannikov
- w28536 March 2021 Do Monetary Policy Frameworks Matter in Low Income Countries?
Alina Carare, Carlos de Resende, Andrew T. Levin, and Chelsea Zhang
- w28535 March 2021 Artificial Intelligence and Pricing: The Impact of Algorithm Design
John Asker, Chaim Fershtman, and Ariel Pakes
- w28527 March 2021 Income Dynamics in Sweden 1985-2016
Benjamin Friedrich, Lisa Laun, and Costas Meghir
- w28460 March 2021 Biosimilar Competition: Early Learning
Richard G. Frank, Mahnum Shahzad, William B. Feldman, and Aaron S. Kesselheim
- w28541 March 2021 Does Mobility Explain Why Slums Were Hit Harder by COVID-19 in Mumbai, India?
Jaymee Sheng, Anup Malani, Ashish Goel, and Purushotham Botla
- w28539 March 2021 The Value of Privacy in Cartels: An Analysis of the Inner Workings of a Bidding Ring
Kei Kawai, Jun Nakabayashi, and Juan M. Ortner
- w28525 March 2021 Climate Policy, Financial Frictions, and Transition Risk
Stefano Carattini, Garth Heutel, and Givi Melkadze
- w28519 March 2021 The Trade-off Between Prioritization and Vaccination Speed Depends on Mitigation Measures
Nikhil Agarwal, Andrew Komo, Chetan A. Patel, Parag A. Pathak, and M. Utku Ünver
- w28520 March 2021 Exchange Rate Pass-Through, Monetary Policy, and Real Exchange Rates: Iceland and the 2008 Crisis
Sebastian Edwards and Luis Cabezas
- w28521 March 2021 Can Automatic Government Spending Be Procyclical?
Luciana Galeano, Alejandro Izquierdo, Jorge P. Puig, Carlos A. Vegh, and Guillermo Vuletin
- w28528 March 2021 Replicating the Dow Jones Industrial Average
Jacky Lin, Genevieve C. Selden, John B. Shoven, and Clemens Sialm
- w28522 March 2021 Voice at Work
Jarkko Harju, Simon Jäger, and Benjamin Schoefer
- w28523 March 2021 COVID-19 Has Strengthened the Relationship Between Alcohol Consumption and Domestic Violence
Aaron Chalfin, Shooshan Danagoulian, and Monica Deza
- w28524 March 2021 The World Management Survey at 18: lessons and the way forward
Daniela Scur, Raffaella Sadun, John Van Reenen, Renata Lemos, and Nicholas Bloom
- w28526 March 2021 A New Spatial Hedonic Equilibrium in the Emerging Work-from-Home Economy?
Jan Brueckner, Matthew E. Kahn, and Gary C. Lin
- w28529 March 2021 Sharing the Burden of Subsidization: Evidence on Pass-Through from a Subsidy Revision in Medicare Part D
Colleen Carey
- w28530 March 2021 Equilibrium in the Market for Public School Teachers: District Wage Strategies and Teacher Comparative Advantage
Barbara Biasi, Chao Fu, and John Stromme
- w28531 March 2021 Not Too Late: Improving Academic Outcomes Among Adolescents
Jonathan Guryan, Jens Ludwig, Monica P. Bhatt, Philip J. Cook, Jonathan M.V. Davis, Kenneth Dodge, George Farkas, Roland G. Fryer Jr, Susan Mayer, Harold Pollack, and Laurence Steinberg
- w28532 March 2021 Freedom of Speech, Deterrence, and Compellence in the Parliament
Duha T. Altindag, Naci H. Mocan, and Jie Zhang
- w28533 March 2021 First-mover Advantage and the Private Value of Public Science
Ashish Arora, Sharon Belenzon, and Bernardo Dionisi
- w28534 March 2021 Science and the Market for Technology
Ashish Arora, Sharon Belenzon, and Jungkyu Suh
- w28514 February 2021 Permanent and Transitory Responses to Capital Gains Taxes: Evidence from a Lifetime Exemption in Canada
Adam M. Lavecchia and Alisa Tazhitdinova
- w28505 February 2021 The Gendered Impact of the COVID-19 Recession on the US Labor Market
Stefania Albanesi and Jiyeon Kim
- w28511 February 2021 Estimating Students' Valuation for College Experiences
Esteban M. Aucejo, Jacob F. French, and Basit Zafar
- w28510 February 2021 Global Pricing of Carbon-Transition Risk
Patrick Bolton and Marcin Kacperczyk
- w28495 February 2021 The “Matthew Effect” and Market Concentration: Search Complementarities and Monopsony Power
Jesús Fernández-Villaverde, Federico Mandelman, Yang Yu, and Francesco Zanetti
- w28493 February 2021 What Explains Differences in Finance Research Productivity During the Pandemic?
Brad M. Barber, Wei Jiang, Adair Morse, Manju Puri, Heather Tookes, and Ingrid M. Werner
- w28494 February 2021 Gender and the Dynamics of Economics Seminars
Pascaline Dupas, Alicia Sasser Modestino, Muriel Niederle, Justin Wolfers, and The Seminar Dynamics Collective
- w28496 February 2021 Intellectual Property Infringement by Foreign Firms: Import Protection through the ITC or Court
James A. Brander and Barbara J. Spencer
- w28518 February 2021 Limited-Tenure Concessions for Collective Goods
Nicolas Quérou, Agnes Tomini, and Christopher Costello
- w28500 February 2021 Kidney Exchange: An Operations Perspective
Itai Ashlagi and Alvin E. Roth
- w28501 February 2021 Financial Regulation in a Quantitative Model of the Modern Banking System
Juliane Begenau and Tim Landvoigt
- w28497 February 2021 Consumption Access and Agglomeration: Evidence from Smartphone Data
Yuhei Miyauchi, Kentaro Nakajima, and Stephen J. Redding
- w28498 February 2021 Social and Genetic Effects on Educational Performance in Early Adolescence
Martin A. Isunget, Dalton Conley, Henrik D. Zachrisson, Eivind Ystrøm, Alexandra Havdahl, Pål R. Njølstad, and Torkild H. Lyngstad
- w28499 February 2021 Skipping the Bag: The Intended and Unintended Consequences of Disposable Bag Regulation
Tatiana Homonoff, Lee-Sien Kao, Javiera Selman, and Christina Seybolt
- w28502 February 2021 A Simple but Powerful Simulated Certainty Equivalent Approximation Method for Dynamic Stochastic Problems
Yongyang Cai and Kenneth L. Judd
- w28503 February 2021 What Marginal Outcome Tests Can Tell Us About Racially Biased Decision-Making
Peter Hull
- w28504 February 2021 Endogenous Immigration, Human and Physical Capital Formation, and the Immigration Surplus
Isaac Ehrlich and Yun Pei
- w28506 February 2021 Wages, Minimum Wages, and Price Pass-Through: The Case of McDonald’s Restaurants
Orley C. Ashenfelter and Štěpán Jurajda
- w28507 February 2021 In-Kind Transfers as Insurance
Lucie Gadenne, Samuel Norris, Monica Singhal, and Sandip Sukhtankar
- w28512 February 2021 School Assignment by Match Quality
Atila Abdulkadiroglu, Umut M. Dur, and Aram Grigoryan
- w28517 February 2021 The Distribution of School Spending Impacts
C. Kirabo Jackson and Claire Mackevicius
- w28508 February 2021 Neighborhood Effects and Housing Vouchers
Morris A. Davis, Jesse M. Gregory, Daniel A. Hartley, and Kegon T.K. Tan
- w28509 February 2021 Whose Job Is It Anyway? Co-Ethnic Hiring in New U.S. Ventures
Sari Pekkala Kerr and William R. Kerr
- w28513 February 2021 Portfolios for Long-Term Investors
John H. Cochrane
- w28515 February 2021 Financial Regulation, Clientele Segmentation, and Stock Exchange Order Types
Sida Li, Mao Ye, and Miles Zheng
- w28516 February 2021 Measuring Commuting and Economic Activity inside Cities with Cell Phone Records
Gabriel E. Kreindler and Yuhei Miyauchi
- w28490 February 2021 Do Required Minimum Distribution 401(k) Rules Matter, and For Whom? Insights from a Lifecycle Model
Vanya Horneff, Raimond Maurer, and Olivia S. Mitchell
- w28474 February 2021 Does Private Equity Investment in Healthcare Benefit Patients? Evidence from Nursing Homes
Atul Gupta, Sabrina T. Howell, Constantine Yannelis, and Abhinav Gupta
- w28489 February 2021 The Two Faces of Information
Gaetano Gaballo and Guillermo Ordoñez
- w28476 February 2021 Urban Growth Shadows
David Cuberes, Klaus Desmet, and Jordan Rappaport
- w28484 February 2021 Biases in Information Selection and Processing: Survey Evidence from the Pandemic
Ester Faia, Andreas Fuster, Vincenzo Pezone, and Basit Zafar
- w28475 February 2021 Wage Inequality and Labor Rights Violations
Ioana Marinescu, Yue Qiu, and Aaron Sojourner
- w28492 February 2021 Preparing for a Pandemic: Accelerating Vaccine Availability
Amrita Ahuja, Susan Athey, Arthur Baker, Eric Budish, Juan Camilo Castillo, Rachel Glennerster, Scott Duke Kominers, Michael Kremer, Jean Nahrae Lee, Canice Prendergast, Christopher M. Snyder, Alex Tabarrok, Brandon Joel Tan, and Witold Więcek
- w28477 February 2021 Charter Schools’ Effectiveness, Mechanisms, and Competitive Influence
Sarah R. Cohodes and Katharine S. Parham
- w28478 February 2021 Vertical Integration and Production Inefficiency in the Presence of a Gross Receipts Tax
Benjamin Hansen, Keaton S. Miller, and Caroline Weber
- w28479 February 2021 The Effect of Stock Ownership on Individual Spending and Loyalty
Paolina C. Medina, Vrinda Mittal, and Michaela Pagel
- w28480 February 2021 Cross-sectoral Externalities Related to Natural Resources and Ecosystem Services
Manuel Bellanger, Robert Fonner, Daniel S. Holland, Gary D. Libecap, Douglas W. Lipton, Pierre Scemama, Cameron Speir, and Olivier Thébaud
- w28481 February 2021 Searching for Job Security and the Consequences of Job Loss
Gregor Jarosch
- w28482 February 2021 Competition Policy in a Simple General Equilibrium Model
Louis Kaplow
- w28483 February 2021 Housing Consumption and the Cost of Remote Work
Christopher T. Stanton and Pratyush Tiwari
- w28485 February 2021 Fiscal Policy and Households’ Inflation Expectations: Evidence from a Randomized Control Trial
Olivier Coibion, Yuriy Gorodnichenko, and Michael Weber
- w28491 February 2021 Contractual Rigidity and Political Contestability: Revisiting Public Contract Renegotiations
Jean Beuve, Marian W. Moszoro, and Pablo T. Spiller
- w28486 February 2021 Aggregate Implications of Barriers to Female Entrepreneurship
Gaurav Chiplunkar and Pinelopi K. Goldberg
- w28487 February 2021 Kinks as Goals: Accelerating Commissions and the Performance of Sales Teams
Peter J. Kuhn and Lizi Yu
- w28488 February 2021 Culture, Institutions & the Long Divergence
Alberto Bisin, Jared Rubin, Avner Seror, and Thierry Verdier
- w28467 February 2021 China’s War on Pollution: Evidence from the First Five Years
Michael Greenstone, Guojun He, Shanjun Li, and Eric Zou
- w28471 February 2021 Does Marijuana Legalization Affect Work Capacity? Evidence from Workers’ Compensation Benefits
Rahi Abouk, Keshar M. Ghimire, Johanna Catherine Maclean, and David Powell
- w28453 February 2021 Artificial Intelligence, Globalization, and Strategies for Economic Development
Anton Korinek and Joseph E. Stiglitz
- w28454 February 2021 Evaluating Contradictory Experimental and Non-Experimental Estimates of Neighborhood Effects on Economic Outcomes for Adults
David J. Harding, Lisa Sanbonmatsu, Greg J. Duncan, Lisa A. Gennetian, Lawrence F. Katz, Ronald C. Kessler, Jeffrey R. Kling, Matthew Sciandra, and Jens Ludwig
- w28455 February 2021 To What Extent Does In-Person Schooling Contribute to the Spread of COVID-19? Evidence from Michigan and Washington
Dan Goldhaber, Scott A. Imberman, Katharine O. Strunk, Bryant Hopkins, Nate Brown, Erica Harbatkin, and Tara Kilbride
- w28459 February 2021 Asymmetric Information and Sovereign Debt: Theory Meets Mexican Data
Harold L. Cole, Daniel Neuhann, and Guillermo Ordoñez
- w28456 February 2021 Sticky Price for Declining Risk? The Case of Cancellation Premia in the Hotel Industry
Nicola Lacetera, Claudio A. Piga, and Lorenzo Zirulia
- w28457 February 2021 Getting the Price Right? The Impact of Competitive Bidding in the Medicare Program
Hui Ding, Mark Duggan, and Amanda Starc
- w28458 February 2021 Gang rule: Understanding and Countering Criminal Governance
Christopher Blattman, Gustavo Duncan, Benjamin Lessing, and Santiago Tobón
- w28461 February 2021 The Work-at-Home Technology Boon and its Consequences
Morris A. Davis, Andra C. Ghent, and Jesse M. Gregory
- w28452 February 2021 The Recovery From The Great Recession: A Long, Evolving Expansion
Jay C. Shambaugh and Michael R. Strain
- w28462 February 2021 A Division of Laborers: Identity and Efficiency in India
Guilhem Cassan, Daniel Keniston, and Tatjana Kleineberg
- w28463 February 2021 Gender Quotas and Support for Women in Board Elections
Marina Gertsberg, Johanna Mollerstrom, and Michaela Pagel
- w28464 February 2021 The Analytic Theory of a Monetary Shock
Fernando E. Alvarez and Francesco Lippi
- w28465 February 2021 Learning from Shared News: When Abundant Information Leads to Belief Polarization
Renee Bowen, Danil Dmitriev, and Simone Galperti
- w28470 February 2021 Aggregate Employment Effects of Unemployment Benefits During Deep Downturns: Evidence from the Expiration of the Federal Pandemic Unemployment Compensation
Arindrajit Dube
- w28466 February 2021 The Economic Geography of Global Warming
Jose Luis Cruz Alvarez and Esteban Rossi-Hansberg
- w28472 February 2021 The Social Cost of Carbon, Risk, Distribution, Market Failures: An Alternative Approach
Nicholas Stern and Joseph E. Stiglitz
- w28468 February 2021 Reparations and Persistent Racial Wealth Gaps
Job Boerma and Loukas Karabarbounis
- w28469 February 2021 Auto-Enrollment Retirement Plans for the People: Choices and Outcomes in OregonSaves
John Chalmers, Olivia S. Mitchell, Jonathan Reuter, and Mingli Zhong
- w28410 February 2021 Political Violence, Risk Aversion, and Non-Localized Disease Spread: Evidence from the U.S. Capitol Riot
Dhaval M. Dave, Drew McNichols, and Joseph J. Sabia
- w28442 February 2021 Solar Geoengineering, Learning, and Experimentation
David L. Kelly, Garth Heutel, Juan B. Moreno-Cruz, and Soheil Shayegh
- w28423 February 2021 From Micro to Macro Development
Francisco J. Buera, Joseph P. Kaboski, and Robert M. Townsend
- w28450 February 2021 Just Above the Exam Cutoff Score: Elite College Admission and Wages in China
Ruixue Jia and Hongbin Li
- w28424 February 2021 Earnings Inequality in Production Networks
Federico Huneeus, Kory Kroft, and Kevin Lim
- w28425 February 2021 Partisanship and Fiscal Policy in Economic Unions: Evidence from U.S. States
Gerald Carlino, Thorsten Drautzburg, Robert P. Inman, and Nicholas Zarra
- w28426 February 2021 The Macroeconomics of Financial Speculation
Alp Simsek
- w28427 February 2021 A Growth Model of the Data Economy
Maryam Farboodi and Laura Veldkamp
- w28429 February 2021 Data-Driven Incentive Alignment in Capitation Schemes
Mark Braverman and Sylvain Chassang
- w28430 February 2021 Time Aggregation in Health Insurance Deductibles
Long Hong and Corina Mommaerts
- w28431 February 2021 Man Versus Machine? Self-Reports Versus Algorithmic Measurement of Publications
Xuan Jiang, Wan-Ying Chang, and Bruce A. Weinberg
- w28439 February 2021 The Health Costs of Cost-Sharing
Amitabh Chandra, Evan Flack, and Ziad Obermeyer
- w28432 February 2021 Is There A Replication Crisis In Finance?
Theis Ingerslev Jensen, Bryan T. Kelly, and Lasse Heje Pedersen
- w28433 February 2021 O-Ring Production Networks
Banu Demir, Ana Cecília Fieler, Daniel Xu, and Kelly Kaili Yang
- w28434 February 2021 A Parsimonious Behavioral SEIR Model of the 2020 COVID Epidemic in the United States and the United Kingdom
Andrew Atkeson
- w28435 February 2021 The Unholy Trinity: Regulatory Forbearance, Stressed Banks and Zombie Firms
Anusha Chari, Lakshita Jain, and Nirupama Kulkarni
- w28436 February 2021 Using Monotonicity Restrictions to Identify Models with Partially Latent Covariates
Minji Bang, Wayne Gao, Andrew Postlewaite, and Holger Sieg
- w28437 February 2021 How the New Fed Municipal Bond Facility Capped Muni-Treasury Yield Spreads in the Covid-19 Recession
Michael D. Bordo and John V. Duca
- w28438 February 2021 What Do Happiness Data Mean? Theory and Survey Evidence
Daniel J. Benjamin, Jakina Debnam Guzman, Marc Fleurbaey, Ori Heffetz, and Miles S. Kimball
- w28440 February 2021 Uneven Growth: Automation's Impact on Income and Wealth Inequality
Benjamin Moll, Lukasz Rachel, and Pascual Restrepo
- w28441 February 2021 Uncovering the Hidden Effort Problem
Azi Ben-Rephael, Bruce I. Carlin, Zhi Da, and Ryan D. Israelsen
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Erica M. Field and Elisa M. Maffioli
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Charles F. Manski
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Charles F. Manski, Alan H. Sanstad, and Stephen J. DeCanio
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Jason Scott, John B. Shoven, Sita Slavov, and John G. Watson
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Gaurav Khanna, Wenquan Liang, Ahmed Mushfiq Mobarak, and Ran Song
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Jacob Goldin, Tatiana Homonoff, Rizwan Javaid, and Brenda Schafer
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Joseph G. Altonji, Disa M. Hynsjo, and Ivan Vidangos
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Ilse Lindenlaub and Fabien Postel-Vinay
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Ruixue Jia, Gérard Roland, and Yang Xie
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Raphael Auer, Ariel Burstein, and Sarah M. Lein
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Howard Bodenhorn
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Monica P. Bhatt, Jonathan Guryan, Jens Ludwig, and Anuj K. Shah
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Pooya Molavi, Alireza Tahbaz-Salehi, and Andrea Vedolin
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Marta Lachowska, Alexandre Mas, Raffaele Saggio, and Stephen A. Woodbury
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Sewon Hur, César Sosa-Padilla, and Zeynep Yom
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Randall Morck
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Koichiro Ito, Takanori Ida, and Makoto Tanaka
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Pedro Bordalo, Nicola Gennaioli, Andrei Shleifer, and Stephen J. Terry
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Robert W. Fairlie and Frank M. Fossen
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Adam A. Leive and Christopher J. Ruhm
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Charles Engel, Ekaterina Kazakova, Mengqi Wang, and Nan Xiang
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Heitor S. Pellegrina and Sebastian Sotelo
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Steve Cicala
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Kay Jowers, Christopher Timmins, Nrupen Bhavsar, Qihui Hu, and Julia Marshall
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Aifan Ling, Jianjun Miao, and Neng Wang
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Tyler Daun, Sebastian Galiani, and Gustavo Torrens
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Christopher J. Ruhm
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Tatyana Deryugina, Olga Shurchkov, and Jenna E. Stearns
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Abigail Hurwitz, Olivia S. Mitchell, and Orly Sade
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Natasha Sarin, Lawrence H. Summers, Owen M. Zidar, and Eric Zwick
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Ankit Kalda, Benjamin Loos, Alessandro Previtero, and Andreas Hackethal
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Abhijit Banerjee, Emily Breza, Arun G. Chandrasekhar, Esther Duflo, Matthew O. Jackson, and Cynthia Kinnan
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Dmitry Arkhangelsky and Guido W. Imbens
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Tobias Broer, Per Krusell, and Erik Öberg
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Banban Wang, William A. Pizer, and Clayton Munnings
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Itzhak Ben-David, Francesco Franzoni, Byungwook Kim, and Rabih Moussawi
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Robert W. Hahn and Robert D. Metcalfe
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Martin Ravallion
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Claire Brunel and Arik Levinson
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Judd B. Kessler, Sarah Tahamont, Alexander M. Gelber, and Adam Isen
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Hummy Song, Ryan M. McKenna, Angela T. Chen, Guy David, and Aaron Smith-McLallen
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Nicole M. Fortin, Thomas Lemieux, and Neil Lloyd
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Christine L. Exley and Judd B. Kessler
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Douglas W. Diamond, Yunzhi Hu, and Raghuram G. Rajan
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Peter M. DeMarzo and Ron Kaniel
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Thomas Jungbauer, Sean Nicholson, June Pan, and Michael Waldman
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Lorenzo Caliendo, Robert C. Feenstra, John Romalis, and Alan M. Taylor
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Philippe Aghion, Antonin Bergeaud, and John Van Reenen
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Michael Baker
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Edward N. Wolff
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Andrea Lanteri and Adriano A. Rampini
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Cecile Gaubert, Patrick M. Kline, Damián Vergara, and Danny Yagan
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Timothy N. Bond, Jillian B. Carr, Analisa Packham, and Jonathan Smith
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Emmanuel Saez
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David Neumark and Peter Shirley
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Joseph S. Shapiro and Reed Walker
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Yuriy Gorodnichenko, Oleksandr Talavera, and Nam Hoai Vu
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Rafael Dix-Carneiro, Pinelopi K. Goldberg, Costas Meghir, and Gabriel Ulyssea
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Angus Deaton
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Edward Asiedu, Dean Karlan, Monica P. Lambon-Quayefio, and Christopher R. Udry
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Cecile Gaubert, Patrick M. Kline, and Danny Yagan
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Supreet Kaur, Sendhil Mullainathan, Suanna Oh, and Frank Schilbach
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Assaf Razin
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David Baqaee, Emmanuel Farhi, and Kunal Sangani
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Charles I. Jones
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Robert C. Merton and Richard T. Thakor
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John Bound, Breno Braga, Gaurav Khanna, and Sarah Turner
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Chao Fu, Junjie Guo, Adam J. Smith, and Alan T. Sorensen
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Xinshen Diao, Mia Ellis, Margaret S. McMillan, and Dani Rodrik
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David Baqaee and Emmanuel Farhi
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Marco Battaglini
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Kerry Back, Bruce I. Carlin, and Seyed Mohammad Kazempour
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Maya M. Durvasula, Lisa Larrimore Ouellette, and Heidi L. Williams
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Matthew Backus, Christopher Conlon, and Michael Sinkinson
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Allison Shertzer, Tate Twinam, and Randall P. Walsh
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Thomas Crossley, Yifan Gong, Todd R. Stinebrickner, and Ralph Stinebrickner
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Sang Yoon (Tim) Lee, Minsung Park, and Yongseok Shin
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Efraim Benmelech, Janice C. Eberly, Joshua L. Krieger, and Dimitris Papanikolaou
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Marco Del Angel, Caroline Fohlin, and Marc D. Weidenmier
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Susan F. Cherry, Erica Xuewei Jiang, Gregor Matvos, Tomasz Piskorski, and Amit Seru
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Daniel P. Gross and Bhaven N. Sampat
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Gopi Shah Goda and Jialu Liu Streeter
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Claudio Lucarelli, Sean Nicholson, and Nicholas Tilipman
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Xavier Devictor, Quy-Toan Do, and Andrei A. Levchenko
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Ian Burn, Daniel Firoozi, Daniel Ladd, and David Neumark
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Nicholas Bloom, Robert S. Fletcher, and Ethan Yeh
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Daniel S. Hamermesh
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Rafael Dix-Carneiro, João Paulo Pessoa, Ricardo M. Reyes-Heroles, and Sharon Traiberman
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Anne E. Fitzpatrick, Sabrin A. Beg, Laura C. Derksen, Anne Karing, Jason T. Kerwin, Adrienne Lucas, Natalia Ordaz Reynoso, and Munir Squires
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Rosangela Bando, Sebastian Galiani, and Paul Gertler
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Hadar Avivi, Patrick M. Kline, Evan Rose, and Christopher R. Walters
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Steven J. Davis, Dingqian Liu, and Xuguang Simon Sheng
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Robert W. Fairlie and Frank Fossen
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Nicolás de Roux, Marcela Eslava, Santiago Franco, and Eric Verhoogen
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Lucas W. Davis
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Kevin Boudreau
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Gaia Dossi, David N. Figlio, Paola Giuliano, and Paola Sapienza
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Shakeeb Khan, Arnaud Maurel, and Yichong Zhang
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Caitlin Carroll, David M. Cutler, and Anupam Jena
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Zarek C. Brot-Goldberg, Timothy Layton, Boris Vabson, and Adelina Yanyue Wang
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Petra Persson, Xinyao Qiu, and Maya Rossin-Slater
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Renata Lemos, Karthik Muralidharan, and Daniela Scur
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