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NBER Working Papers

From National Bureau of Economic Research, Inc
National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A..
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23168: Self-Employment Dynamics and the Returns to Entrepreneurship Downloads
Eleanor W. Dillon and Christopher T. Stanton
23167: Bank Health Post-Crisis Downloads
Kyriakos T. Chousakos and Gary Gorton
23166: Evaluating Measures of Hospital Quality Downloads
Joseph J. Doyle, Jr., John A. Graves and Jonathan Gruber
23165: A Narrative Analysis of Mortgage Asset Purchases by Federal Agencies Downloads
Andrew J. Fieldhouse and Karel Mertens
23164: When Britain turned inward: Protection and the shift towards Empire in Interwar Britain Downloads
Alan de Bromhead, Alan Fernihough, Markus Lampe and Kevin O'Rourke
23163: Worker Betas: Five Facts about Systematic Earnings Risk Downloads
Fatih Guvenen, Sam Schulhofer-Wohl, Jae Song and Motohiro Yogo
23162: Bankruptcy Spillovers Downloads
Shai Bernstein, Emanuele Colonnelli, Xavier Giroud and Benjamin Iverson
23161: What is the Price of Tea in China? Towards the Relative Cost of Living in Chinese and U.S. Cities Downloads
Robert Feenstra, Mingzhi Xu and Alexis Antoniades
23160: Short-Run Effects of Lower Productivity Growth. A Twist on the Secular Stagnation Hypothesis Downloads
Olivier Blanchard, Guido Lorenzoni and Jean-Paul L'Huillier
23159: Beyond the Classroom: The Implications of School Vouchers for Church Finances Downloads
Daniel Hungerman, Kevin J. Rinz and Jay Frymark
23158: Monetary Policy and the Predictability of Nominal Exchange Rates Downloads
Martin Eichenbaum, Benjamin K. Johannsen and Sergio Rebelo
23157: Circumventing the Zero Lower Bound with Monetary Policy Rules Based on Money Downloads
Michael T. Belongia and Peter Ireland
23156: The End of Alchemy: A Review Essay Downloads
Roger Farmer
23155: The Impact of Climate Change Skepticism on Adaptation in a Market Economy Downloads
Matthew Kahn and Daxuan Zhao
23154: The Macroeconomic Effects of Government Asset Purchases: Evidence from Postwar US Housing Credit Policy Downloads
Andrew Fieldhouse, Karel Mertens and Morten Ravn
23153: Understanding the Economic Impact of the H-1B Program on the U.S Downloads
John Bound, Gaurav Khanna and Nicolas Morales
23152: Company Stock Reactions to the 2016 Election Shock: Trump, Taxes and Trade Downloads
Alexander Wagner, Richard Zeckhauser and Alexandre Ziegler
23151: Tight Money-Tight Credit: Coordination Failure in the Conduct of Monetary and Financial Policies Downloads
Julio A. Carrillo, Enrique Mendoza, Victoria Nuguer and Jessica Roldán-Peña
23150: The Distribution of Public Spending for Health Care in the United States on the Eve of Health Reform Downloads
Didem Bernard, Thomas Selden and Yuriy Pylypchuk
23149: International Spillovers and Local Credit Cycles Downloads
Yusuf Baskaya, Julian di Giovanni, Sebnem Kalemli-Ozcan and Mehmet Ulu
23148: The Effect of Prescription Drug Monitoring Programs on Opioid Utilization in Medicare Downloads
Thomas Buchmueller and Colleen Carey
23147: Austerity in the Aftermath of the Great Recession Downloads
Christopher House, Christian Proebsting and Linda Tesar
23146: Rethinking Detroit Downloads
Raymond Owens, Esteban Rossi-Hansberg and Pierre Daniel Sarte
23145: The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten's Theorem Downloads
David Rezza Baqaee and Emmanuel Farhi
23144: Undergraduate Econometrics Instruction: Through Our Classes, Darkly Downloads
Joshua Angrist and Jorn-Steffen Pischke
23143: Shocks vs. Responsiveness: What Drives Time-Varying Dispersion? Downloads
David Berger and Joseph Vavra
23142: Revisions in Utilization-Adjusted TFP and Robust Identification of News Shocks Downloads
André Kurmann and Eric Sims
23141: Keynes and the Dollar in 1933 Downloads
Sebastian Edwards
23140: Estimating Global Bank Network Connectedness Downloads
Mert Demirer, Francis Diebold, Laura Liu and Kamil Yilmaz
23139: Did Medicaid Expansion Reduce Medical Divorce? Downloads
David Slusky and Donna Ginther
23138: Endogenous Appropriability Downloads
Joshua S. Gans and Scott Stern
23137: Immigration and the Rise of American Ingenuity Downloads
Ufuk Akcigit, John Grigsby and Tom Nicholas
23136: The Anatomy of Sentiment-Driven Fluctuations Downloads
Sushant Acharya, Jess Benhabib and Zhen Huo
23135: The Country Chronologies to Exchange Rate Arrangements into the 21st Century: Will the Anchor Currency Hold? Downloads
Ethan Ilzetzki, Carmen Reinhart and Kenneth Rogoff
23134: Exchange Arrangements Entering the 21st Century: Which Anchor Will Hold? Downloads
Ethan Ilzetzki, Carmen Reinhart and Kenneth Rogoff
23133: The Global Rise of Corporate Saving Downloads
Peter Chen, Loukas Karabarbounis and Brent Neiman
23132: The Recent Growth Boom in Developing Economies: A Structural Change Perspective Downloads
Xinshen Diao, Margaret McMillan and Dani Rodrik
23131: Antitrust Treatment of Nonprofits: Should Hospitals Receive Special Care? Downloads
Cory Capps, Dennis Carlton and Guy David
23130: Social Ties and Favoritism in Chinese Science Downloads
Raymond Fisman, Jing Shi, Yongxiang Wang and Rong Xu
23129: Capital Misallocation: Frictions or Distortions? Downloads
Joel M. David and Venky Venkateswaran
23128: Land Misallocation and Productivity Downloads
Diego Restuccia and Raul Santaeulalia-Llopis
23127: Rents, Technical Change, and Risk Premia: Accounting for Secular Trends in Interest Rates, Returns on Capital, Earning Yields, and Factor Shares Downloads
Ricardo Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas
23126: Re-examining the Middle-Income Trap Hypothesis (MITH): What to Reject and What to Revive? Downloads
Xuehui Han and Shang-Jin Wei
23125: Immigration Restrictions as Active Labor Market Policy: Evidence from the Mexican Bracero Exclusion Downloads
Michael A. Clemens, Ethan Lewis and Hannah M. Postel
23124: On the Global Financial Market Integration “Swoosh” and the Trilemma Downloads
Geert Bekaert and Arnaud Mehl
23123: When No Bad Deed Goes Punished: Relational Contracting in Ghana versus the UK Downloads
Elwyn Davies and Marcel Fafchamps
23122: Keepin' 'em Down on the Farm: Migration and Strategic Investment in Children's Schooling Downloads
Robert Jensen and Nolan H. Miller
23121: Assessing Managerial Ability: Implications for Corporate Governance Downloads
Benjamin Hermalin and Michael Weisbach
23120: Who Becomes a Politician? Downloads
Ernesto Dal Bó, Frederico Finan, Olle Folke, Torsten Persson and Johanna Rickne
23119: Global Inequality Dynamics: New Findings from WID.world Downloads
Facundo Alvaredo, Lucas Chancel, Thomas Piketty, Emmanuel Saez and Gabriel Zucman
23118: Measuring Loan Outcomes at Postsecondary Institutions: Cohort Repayment Rates as an Indicator of Student Success and Institutional Accountability Downloads
Tiffany Chou, Adam Looney and Tara Watson
23117: Decomposing Medical-Care Expenditure Growth Downloads
Abe Dunn, Eli B. Liebman and Adam Shapiro
23116: Gross Capital Inflows to Banks, Corporates and Sovereigns Downloads
Stefan Avdjiev, Bryan Hardy, Sebnem Kalemli-Ozcan and Luis Servén
23115: Assignment of Stock Market Coverage Downloads
Briana Chang and Harrison Hong
23114: Secondary Pharmaceutical Patenting: A Global Perspective Downloads
Bhaven N. Sampat and Kenneth C. Shadlen
23113: The (Dis)Advantages of Clearinghouses Before the Fed Downloads
Matthew S. Jaremski
23112: How Are SNAP Benefits Spent? Evidence from a Retail Panel Downloads
Justine S. Hastings and Jesse Shapiro
23111: Challenges in Constructing a Survey-Based Well-Being Index Downloads
Daniel J. Benjamin, Kristen Cooper, Ori Heffetz and Miles Kimball
23110: Are Protests Games of Strategic Complements or Substitutes? Experimental Evidence from Hong Kong's Democracy Movement Downloads
Davide Cantoni, David Y. Yang, Noam Yuchtman and Y. Jane Zhang
23109: Post Keynesian Dynamic Stochastic General Equilibrium Theory Downloads
Roger Farmer
23108: Concentrating on the Fall of the Labor Share Downloads
David Autor, David Dorn, Lawrence Katz, Christina Patterson and John van Reenen
23107: Direct and Spillover Effects of Middle School Vaccination Requirements Downloads
Christopher S. Carpenter and Emily C. Lawler
23106: The Competitive Effects of Transmission Infrastructure in the Indian Electricity Market Downloads
Nicholas Ryan
23105: The Business of Business is Business: Why (Some) Firms Should Provide Public Goods when they Sell Private Goods Downloads
Chien-Yu Lai, Andreas Lange, John List and Michael Price
23104: Price-Linked Subsidies and Health Insurance Markups Downloads
Sonia P. Jaffe and Mark Shepard
23103: Family Economics Writ Large Downloads
Jeremy Greenwood, Nezih Guner and Guillaume Vandenbroucke
23102: Firm Performance and the Volatility of Worker Earnings Downloads
Chinhui Juhn, Kristin McCue, Holly Monti and Brooks Pierce
23101: Firm Heterogeneity in Consumption Baskets: Evidence from Home and Store Scanner Data Downloads
Benjamin Faber and Thibault Fally
23100: Provider Incentives and Healthcare Costs: Evidence from Long-Term Care Hospitals Downloads
Liran Einav, Amy Finkelstein and Neale Mahoney
23099: Fire in the Belly? Employee Motives and Innovative Performance in Startups versus Established Firms Downloads
Henry Sauermann
23098: The Distortionary Effects of Incentives in Government: Evidence from China's “Death Ceiling” Program Downloads
Raymond Fisman and Yongxiang Wang
23097: Do Energy Efficiency Investments Deliver at the Right Time? Downloads
Judson P. Boomhower and Lucas W. Davis
23096: Racial/Ethnic Differences in Non-Work at Work Downloads
Daniel Hamermesh, Katie R. Genadek and Michael Burda
23095: Reconciling Models of Diffusion and Innovation: A Theory of the Productivity Distribution and Technology Frontier Downloads
Jess Benhabib, Jesse Perla and Christopher Tonetti
23094: Health Insurance Expansions and Provider Behavior: Evidence from Substance Use Disorder Providers Downloads
Johanna Catherine Maclean, Ioana Popovici and Elisheva Rachel Stern
23093: A Model of Secular Stagnation: Theory and Quantitative Evaluation Downloads
Gauti Eggertsson, Neil R. Mehrotra and Jacob A. Robbins
23092: The Impact of the Affordable Care Act Young Adult Provision on Childbearing, Marriage, and Tax Filing Behavior: Evidence from Tax Data Downloads
Bradley Heim, Ithai Lurie and Kosali Simon
23091: How do Quasi-Random Option Grants Affect CEO Risk-Taking? Downloads
Kelly Shue and Richard Townsend
23090: Healthcare Spending and Utilization in Public and Private Medicare Downloads
Vilsa Curto, Liran Einav, Amy Finkelstein, Jonathan Levin and Jay Bhattacharya
23089: Social Media and Fake News in the 2016 Election Downloads
Hunt Allcott and Matthew Gentzkow
23088: How Do Patents Affect Research Investments? Downloads
Heidi L. Williams
23087: When Children Rule: Parenting in Modern Families Downloads
Sebastian Galiani, Matthew Staiger and Gustavo Torrens
23086: Designing Women: Consumer Goods Innovations in Britain, France and the United States, 1750-1900 Downloads
B. Zorina Khan
23085: Regressive Sin Taxes Downloads
Benjamin B. Lockwood and Dmitry Taubinsky
23084: Estimating the Employment Effects of Recent Minimum Wage Changes: Early Evidence, an Interpretative Framework, and a Pre-Commitment to Future Analysis Downloads
Jeffrey Clemens and Michael Strain
23083: Backtesting European Stress Tests Downloads
Thomas Philippon, Pierre Pessarossi and Boubacar Camara
23082: Diversity in Innovation Downloads
Paul Gompers and Sophie Q. Wang
23081: Aggregating the Fertility Transition: Intergenerational Dynamics in Quality and Quantity Downloads
Tom Vogl
23080: Does Competition Affect Bank Risk? Downloads
Liangliang Jiang, Ross Levine and Chen Lin
23079: Comparing Apples to Oranges: Differences in Women’s and Men’s Incarceration and Sentencing Outcomes Downloads
Kristin Butcher, Kyung H. Park and Anne Piehl
23078: Causes and Consequences of Fragmented Care Delivery: Theory, Evidence, and Public Policy Downloads
Leila Agha, Brigham Frandsen and James Rebitzer
23077: Secular Stagnation? The Effect of Aging on Economic Growth in the Age of Automation Downloads
Daron Acemoglu and Pascual Restrepo
23076: Are Consumers Poorly-Informed about Fuel Economy? Evidence from Two Experiments Downloads
Hunt Allcott and Christopher Knittel
23075: Narrative Economics Downloads
Robert Shiller
23074: Large and State-Dependent Effects of Quasi-Random Monetary Experiments Downloads
Oscar Jorda, Moritz Schularick and Alan Taylor
23073: Optimal Social Security Claiming Behavior under Lump Sum Incentives: Theory and Evidence Downloads
Raimond Maurer, Olivia Mitchell, Ralph Rogalla and Tatjana Schimetschek
23072: Econometric Evidence on the R&D Depreciation Rate Downloads
Gaétan de Rassenfosse and Adam Jaffe
23071: One in a Million: Field Experiments on Perceived Closeness of the Election and Voter Turnout Downloads
Alan Gerber, Mitchell Hoffman, John Morgan and Collin Raymond
23070: Consequences of the Clean Water Act and the Demand for Water Quality Downloads
David A. Keiser and Joseph S. Shapiro
23069: Maternity and Family Leave Policy Downloads
Maya Rossin-Slater
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