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NBER Working Papers
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8659: Why International Equity Inflows to Emerging Markets are Inefficient and Small Relative to International Debt Flows
Assaf Razin , Efraim Sadka and Chi-Wa Yuen
8658: The Retirement Incentive Effects of Canada's Income Security Programs
Michael Baker , Jonathan Gruber and Kevin Milligan
8657: Taxes and Health Insurance
Jonathan Gruber
8656: Enforcing Intellectual Property Rights
Jean Olson Lanjouw and Mark Schankerman
8655: Defined Contribution Pensions: Plan Rules, Participant Decisions, and the Path of Least Resistance
James Jinwoo Choi , David Isaac Laibson , Brigitte C. Madrian and Andrew Metrick
8654: The Mysterious Growing Value of S&P 500 Membership
Randall Morck and Fan Yang
8653: Copycat Funds: Information Disclosure Regulation and the Returns to Active Management in the Mutual Fund Industry
Mary Margaret Myers , James Poterba and Douglas A. Shackelford
8652: The Optimal Concentration of Creditors
Arturo Bris and Ivo Welch
8651: For Better or For Worse: Default Effects and 401(k) Savings Behavior
James Jinwoo Choi , David Isaac Laibson , Brigitte C. Madrian and Andrew Metrick
8650: The Rise of the Regulatory State
Edward Ludwig Glaeser and Andrei Shleifer
8649: On the Invariance of the Rate of Return to Convex Adjustment Costs
Andrew Abel
8648: Airbus versus Boeing Revisited: International Competition in the Aircraft Market
Douglas A. Irwin and Nina Pavcnik
8647: What Does the European Union Do?
Alberto Alesina , Ignazio Angeloni and Ludger Schuknecht
8646: Institutional Rules for Federations
Alberto Alesina , Ignazio Angeloni and Federico Etro
8645: The Political Economy of International Unions
Alberto Alesina , Ignazio Angeloni and Federico Etro
8644: To Be or Not To Be Innovative: An Exercise in Measurement
Jacques MAIRESSE and Pierre Mohnen
8643: Downside Risk and the Momentum Effect
Andrew Ang , Joseph Chen and Yuhang Xing
8642: Efficiency in Marriage
Shelly J Lundberg and Robert A. Pollak
8641: The Modigliani and Miller Theorem and Market Efficiency
Sheridan Titman
8640: Labor Market Effects of Population Aging
Axel Boersch-Supan
8639: Pardons, Executions and Homicide
Naci H. Mocan and R. Kaj Gittings
8638: The Response to Fines and Probability of Detection in a Series of Experiments
Avner Bar-ilan and Bruce Sacerdote
8637: The Factor Content of Trade
Donald R. Davis and David Weinstein
8636: The Curse of Non-Investment Grade Countries
Roberto Rigobon
8635: On the Invariance of the Rate of Return to Convex Adjustment Costs
Andrew Abel
8634: The Role of Industrial Country Policies in Emerging Market Crises
Jeffrey Alexander Frankel and Nouriel Roubini
8633: Takeover bids vs. Proxy Fights in Contests for Corporate Control
Lucian Bebchuk and Oliver D. Hart
8632: Payer Type and the Returns to Bypass Surgery: Evidence from Hospital Entry Behavior
Michael Chernew , Gautam Gowrisankaran and A. Mark Fendrick
8631: The Merits of Horizontal versus Vertical FDI in the Presence of Uncertainty
Joshua Aizenman and Nancy P. Marion
8630: DotCom Mania: The Rise and Fall of Internet Stock Prices
Eli Ofek and Matthew Richardson
8629: Market Entry Costs, Producer Heterogeneity, and Export Dynamics
Sanghamitra Das , Mark J. Roberts and James R. Tybout
8628: Area Differences in Utilization of Medical Care and Mortality Among U.S. Elderly
Victor R. Fuchs , Mark McClellan and Jonathan Skinner
8627: Cowards and Heroes: Group Loyalty in the American Civil War
Dora L. Costa and Matthew Kahn
8626: Estimation of a Dynamic Auction Game
Mireia Jofre-Bonet and Martin Pesendorfer
8625: Redistribution in the Current U.S. Social Security System
Jeffrey B. Liebman
8624: Intermedia Substitutability and Market Demand by National Advertisers
Alvin J. Silk , Lisa R. Klein and Ernst R. Berndt
8623: Taxes, Regulations, and Asset Prices
Ellen R. McGrattan and Edward C. Prescott
8622: The Stock Market Crash of 1929: Irving Fisher Was Right!
Ellen R. McGrattan and Edward C. Prescott
8621: Hospitals, Managed Care, and the Charity Caseload in California
Janet Currie and John Fahr
8620: Trading Inefficiencies in California's Electricity Markets
Severin Borenstein , James Bushnell , Christopher R. Knittel and Catherine Wolfram
8619: Transferability of Migration Licenses and the Distribution of Potential Rents
Laura L. Bivins and Kala Krishna
8618: Short Sales, Damages and Class Certification in 10b-5 Actions
Robert C. Apfel , John E. Parsons , G. William Schwert and Geoffrey S. Stewart
8617: The Transmission Mechanism and the Role of Asset Prices in Monetary Policy
Frederic Mishkin
8616: Unraveling Reduces the Scope of an Entry Level Labor Market: Gastroenterology With and Without a Centralized Match
Muriel Niederle and Alvin E. Roth
8615: Women as Policy Makers: Evidence from a India-Wide Randomized Policy Experiment
Raghabendra Chattopadhyay and Esther Duflo
8614: Sticky Information: A Model of Monetary Nonneutrality and Structural Slumps
N. Gregory Mankiw and Ricardo Reis
8613: Public Ownership in the American City
Edward Ludwig Glaeser
8612: Long-Term Global Market Correlations
William N. Goetzmann , Lingfeng Li and K. Geert Rouwenhorst
8611: Globalization and Inequality: Evidence from Within China
Shang-Jin Wei and Yi Wu
8610: The Transition to Personal Accounts and Increasing Retirement Wealth: Macro and Micro Evidence
James Poterba , Steven Venti and David Wise
8609: Risk Aversion and Optimal Portfolio Policies in Partial and General Equilibrium Economies
Leonid Kogan and Raman Uppal
8608: Aging and Housing Equity: Another Look
Steven Venti and David Wise
8607: Catching Up with the Joneses: Heterogeneous Preferences and the Dynamics of Asset Prices
Yeung Lewis Chan and Leonid Kogan
8606: Comparing Wealth Effects: The Stock Market Versus the Housing Market
Karl E. Case , Robert J. Shiller and John M. Quigley
8605: The Effect of Education on Crime: Evidence from Prison Inmates, Arrests, and Self-Reports
Lance Lochner and Enrico Moretti
8604: Optimal Monetary Policy in Closed versus Open Economies: An Integrated Approach
Richard H. Clarida , Jordi Gali and Mark L. Gertler
8603: The Empirics of Monetary Policy Rules in Open Economies
Richard H. Clarida
8602: Living Rationally Under the Volcano? An Empirical Analysis of Heavy Drinking and Smoking
Peter Arcidiacono , Holger Sieg and Frank Allen Sloan
8601: The Out-of-Sample Success of Term Structure Models as Exchange Rate Predictors: A Step Beyond
Richard H. Clarida , Lucio Sarno , Mark P. Taylor and Giorgio Valente
8600: Trade Linkages and Output-Multiplier Effects: A Structural VAR Approach with a Focus on Asia
Tilak Abeysinghe and Kristin Forbes
8599: Why Public Schools Lose Teachers
Eric A. Hanushek , John F. Kain and Steven G. Rivkin
8598: Urban Decline and Durable Housing
Edward Ludwig Glaeser and Joseph Gyourko
8597: Liquidity Effects in the Bond Market
Boyan Jovanovic and Peter Rousseau
8596: Technology in the Great Divergence
Gregory Clark and Robert C. Feenstra
8595: The Changing Role of America's Veterans
Hugh Rockoff
8594: Event-Study Evidence of the Value of Relaxing Longstanding Regulatory Restraints on Banks, 1970-2000
Kenneth A. Carow and Edward J. Kane
8593: Pollution Control Innovations and the Clean Air Act of 1990
David Popp
8592: Potential Paths of Social Security Reform
Martin S. Feldstein and Andrew Alan Samwick
8591: Labor Market Search and Optimal Retirement Policy
Joydeep Bhattacharya , Casey Mulligan and Robert R. Reed
8590: The Empirical Frequency of a Pivotal Vote
Casey Mulligan and Charles G. Hunter
8589: Learning and the Value of Information: Evidence From Health Plan Report Cards
Michael Chernew , Gautam Gowrisankaran and Dennis P. Scanlon
8588: Redistribution through Education and Other Transfer Mechanisms
Eric A. Hanushek , Charles Ka Yui Leung and Kuzey Yilmaz
8587: The Effect of Health on Economic Growth: Theory and Evidence
David Bloom , David Canning and J.P. Sevilla
8586: Biases in the IPO Pricing Process
Michelle Lowry and G. William Schwert
8585: International Spillovers and Water Quality in Rivers: Do Countries Free Ride?
Hilary A. Sigman
8584: Core, Periphery, Exchange Rate Regimes, and Globalization
Michael David Bordo and Marc Flandreau
8583: Aggregate Price Shocks and Financial Stability: The United Kingdom 1796-1999
Michael David Bordo , Michael J. Dueker and David C Wheelock
8582: Bond Market Inflation Expectations in Industrial Countries: Historical Comparisons
Michael David Bordo and William G. Dewald
8581: Affiliate Activity in Japanese and U.S. Multinationals and Japanese Exports, 1986-1995
Robert E. Lipsey and Eric D. Ramstetter
8580: Love and Money: A Theoretical and Empirical Analysis of Household Sorting and Inequality
Raquel Fernandez , Nezih Guner and John A. Knowles
8579: Commodity Market Integration, 1500-2000
Ronald Findlay and O'Rourke, Kevin H.
8578: Job Displacement, Disability, and Divorce
Kerwin Kofi Charles and Melvin Stephens
8577: Are the Japanese Selfish, Altruistic, or Dynastic?
Charles Yuji Horioka
8576: Antidumping and Retaliation Threats
Bruce A. Blonigen and Chad P. Bown
8575: Trade Protection and Wages: Evidence from the Colombian Trade Reforms
Pinelopi Koujianou Goldberg and Nina Pavcnik
8574: Gender, Occupation Choice and the Risk of Death at Work
Thomas DeLeire and Helen Levy
8573: International Technology Diffusion
Wolfgang Keller
8572: Courts and Relational Contracts
Simon Johnson , John McMillan and Christopher Woodruff
8571: After the Epidemic: Recent Trends in Youth Violence in the United States
Philip J Cook and John H. Laub
8570: State and Local Prevalence of Firearms Ownership: Measurement, Structure, and Trends
Deborah Azrael , Philip J Cook and Matthew Miller
8569: Financial Markets in Times of Stress
Graciela Laura Kaminsky and Carmen M. Reinhart
8568: The Geographic Reach of Market and Non-Market Channels of Technology Transfer: Comparing Citations and Licenses of University Patents
David C. Mowery and Arvids A. Ziedonis
8567: Developments in Decumulation: The Role of Annuity Products in Financing Retirement
Olivia S. Mitchell
8566: A Multivariate Model of Strategic Asset Allocation
John Y. Campbell , Yeung Lewis Chan and Luis M. Viceira
8565: Trading Volume: Implications of An Intertemporal Capital Asset Pricing Model
Andrew W. Lo and Jiang Wang
8564: The Distributional Impacts of Indonesia's Financial Crisis on Household Welfare: A "Rapid Response" Methodology
Jed Friedman and James Levinsohn
8563: Were Compulsory Attendance and Child Labor Laws Effective? An Analysis from 1915 to 1939
Adriana Lleras-Muney
8562: Alcohol Taxes and Labor Market Outcomes
Dhaval M. Dave and Robert John Kaestner
8561: Population Aging, Savings Behavior and Capital Markets
Axel H. Boersch-Supan and Joachim Klaus Winter
8560: Migration Consequences of Welfare Reform
Robert John Kaestner , Neeraj Kaushal and Gregg Van Ryzin