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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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12149: Household Finance Downloads
John Campbell
12148: Open Source Software: The New Intellectual Property Paradigm Downloads
Stephen M. Maurer and Suzanne Scotchmer
12147: Population Aging Downloads
David Weil
12146: Investment Taxes and Equity Returns Downloads
Clemens Sialm
12145: Preferences and Heterogeneous Treatment Effects in a Public School Choice Lottery Downloads
Justine Hastings, Thomas J. Kane and Doug Staiger
12144: Optimal Decentralized Investment Management Downloads
Jules van Binsbergen, Michael W. Brandt and Ralph Koijen
12143: The New Promised Land: Black-White Convergence in the American South, 1960-2000 Downloads
Jacob Vigdor
12142: The Causes of Japan's "Lost Decade": The Role of Household Consumption Downloads
Charles Horioka
12141: Illegal Migration from Mexico to the United States Downloads
Gordon Hanson
12140: The Dynamics of the Age Structure, Dependency, and Consumption Downloads
Heinrich Hock and David Weil
12139: The Homecoming of American College Women: The Reversal of the College Gender Gap Downloads
Claudia Goldin, Lawrence Katz and Ilyana Kuziemko
12138: Bubbles and Busts: The 1990s in the Mirror of the 1920s Downloads
Eugene White
12137: How Occupied France Financed Its Own Exploitation in World War II Downloads
Filippo Occhino, Kim Oosterlinck and Eugene White
12136: Flight to Quality and Collective Risk Management Downloads
Ricardo Caballero and Arvind Krishnamurthy
12135: Political Risk Versus Market Risk in Social Security Downloads
John B. Shoven and Sita Slavov
12134: The Thick Market Effect on Housing Markets Transactions Downloads
Li Gan and Qinghua Zhang
12133: A Political Economy Theory of the Soft Budget Constraint Downloads
James Robinson and Ragnar Torvik
12132: Antitrust in the Not-For-Profit Sector Downloads
Tomas Philipson and Richard Posner
12131: Complementarities in Automobile Production Downloads
Johannes Van Biesebroeck
12130: Does Neoclassical Theory Account for the Effects of Big Fiscal Shocks? Evidence From World War II Downloads
Ellen McGrattan and Lee Ohanian
12129: Zombie Lending and Depressed Restructuring in Japan Downloads
Ricardo Caballero, Takeo Hoshi and Anil Kashyap
12128: Why Does Democracy Need Education? Downloads
Edward Glaeser, Giacomo Ponzetto and Andrei Shleifer
12127: Institutional Weakness and Stock Price Volatility Downloads
Galina Hale, Assaf Razin and Hui Tong
12126: Empirical Models of Auctions Downloads
Susan Athey and Philip Haile
12125: On the Theory of Ethnic Conflict Downloads
Francesco Caselli and Wilbur Coleman
12124: Why Do Europeans Smoke More than Americans? Downloads
David Cutler and Edward Glaeser
12123: The Effects of Retirement on Physical and Mental Health Outcomes Downloads
Dhaval Dave, Inas Rashad and Jasmina Spasojevic
12122: Why China is Likely to Achieve its Growth Objectives Downloads
Robert Fogel
12121: Distribution Margins, Imported Inputs, and the Sensitivity of the CPI to Exchange Rates Downloads
Linda Goldberg and Jose Campa
12120: The Impact of New Laboratory Procedures and Other Medical Innovations on the Health of Americans, 1990-2003: Evidence from Longitudinal, Disease-Level Data Downloads
Frank Lichtenberg
12119: Exploring Links Between Innovation and Diffusion: Adoption of NOx Control Technologies at U.S. Coal-Fired Power Plants Downloads
David Popp
12118: The Greenspan Era: Discretion, Rather Than Rules Downloads
Benjamin M. Friedman
12117: Exchange Rate Volatility and Productivity Growth: The Role of Financial Development Downloads
Philippe Aghion, Philippe Bacchetta, Romain Ranciere and Kenneth Rogoff
12116: Learning from Other Economies: The Unique Institutional and Policy Experiments Down Under Downloads
Richard Freeman
12115: The Narrowing of the U.S. Gender Earnings Gap, 1959-1999: A Cohort-Based Analysis Downloads
Catherine Weinberger and Peter Kuhn
12114: Prison-Based Education and Re-Entry into the Mainstream Labor Market Downloads
John Tyler and Jeffrey Kling
12113: Effects of Title IX and Sports Participation on Girls' Physical Activity and Weight Downloads
Robert Kaestner and Xin Xu
12112: Testing for Asymmetric Information Using 'Unused Observables' in Insurance Markets: Evidence from the U.K. Annuity Market Downloads
Amy Finkelstein and James Poterba
12111: Deprivation and Disease in Early Twentieth-Century America Downloads
Karen Clay and Werner Troesken
12110: Sick of Local Government Corruption? Vote Islamic Downloads
J. Vernon Henderson and Ari Kuncoro
12109: Reconciling the Return Predictability Evidence Downloads
Martin Lettau and Stijn Van Nieuwerburgh
12108: Persistence of Power, Elites and Institutions Downloads
Daron Acemoglu and James Robinson
12107: Pay for Short-Term Performance: Executive Compensation in Speculative Markets Downloads
Patrick Bolton, Jose Scheinkman and Wei Xiong
12106: Migration and Hedonic Valuation: The Case of Air Quality Downloads
Patrick Bayer, Nathaniel Keohane and Christopher Timmins
12105: Public Health Insurance, Program Take-Up, and Child Health Downloads
Anna Aizer
12104: Taxes and Growth in a Financially Underdeveloped Country: Evidence from the Chilean Investment Boom Downloads
Chang-Tai Hsieh and Jonathan Parker
12103: Dynamic Scoring: Alternative Financing Schemes Downloads
Eric Leeper and Shu-Chun Yang
12102: A Healthy Economy Can Break Your Heart Downloads
Christopher Ruhm
12101: Phoenix Miracles in Emerging Markets: Recovering without Credit from Systemic Financial Crises Downloads
Guillermo Calvo, Alejandro Izquierdo and Ernesto Talvi
12100: A Dynamic Theory of Public Spending, Taxation and Debt Downloads
Marco Battaglini and Stephen Coate
12099: Political Conflict and Power-sharing in the Origins of Modern Colombia Downloads
Sebastián Mazzuca and James Robinson
12098: Testing Portfolio Efficiency with Conditioning Information Downloads
Wayne Ferson and Andrew F. Siegel
12097: Friend or Foe? A Natural Experiment of the Prisoner's Dilemma Downloads
John List
12096: The Impact of Antihypertensive Drugs on the Number and Risk of Death, Stroke and Myocardial Infarction in the United States Downloads
Genia Long, David Cutler, Ernst R. Berndt, Jimmy Royer, Andrée-Anne Fournier, Alicia Sasser and Pierre Cremieux
12095: Sticky Borders Downloads
Gita Gopinath and Roberto Rigobon
12094: Innovation, Competition and Welfare-Enhancing Monopoly Downloads
Michael Darby and Lynne Zucker
12093: Competitive Rent Preservation, Reform Paralysis, and the Persistence of Underdevelopment Downloads
Raghuram Rajan
12092: War in Iraq versus Containment Downloads
Steven Davis, Kevin Murphy and Robert Topel
12091: Trade, FDI, and the Organization of Firms Downloads
Elhanan Helpman
12090: Is There Hedge Fund Contagion? Downloads
Nicole M. Boyson, Christof W. Stahel and René Stulz
12089: Monetary and Fiscal Theories of the Price Level: The Irreconcilable Differences Downloads
Bennett McCallum and Edward Nelson
12088: Making it in America: Social Mobility in the Immigrant Population Downloads
George Borjas
12087: Financial Constraints, Asset Tangibility, and Corporate Investment Downloads
Heitor Almeida and Murillo Campello
12086: The Effects of Tort Reform on Medical Malpractice Insurers' Ultimate Losses Downloads
Patricia Born, W Viscusi and Tom Baker
12085: Immigration in High-Skill Labor Markets: The Impact of Foreign Students on the Earnings of Doctorates Downloads
George Borjas
12084: Agency-Based Asset Pricing Downloads
Gary Gorton and Ping He
12083: Prediction Markets in Theory and Practice Downloads
Justin Wolfers and Eric Zitzewitz
12082: Measuring Trends in Leisure: The Allocation of Time Over Five Decades Downloads
Mark Aguiar and Erik Hurst
12081: The Depressing Effect of Agricultural Institutions on the Prewar Japanese Economy Downloads
Fumio Hayashi and Edward Prescott
12080: Insurance and Incentives for Medical Innovation Downloads
Alan M. Garber, Charles Jones and Paul Romer
12079: Why Have Business Cycle Fluctuations Become Less Volatile? Downloads
Andres Arias, Gary Hansen and Lee Ohanian
12078: Racial Segregation and the Black-White Test Score Gap Downloads
David Card and Jesse Rothstein
12077: Post-Secondary Education and Increasing Wage Inequality Downloads
Thomas Lemieux
12076: Discretionary Policy and Multiple Equilibria Downloads
Robert King
12075: Asset Prices When Agents are Marked-to-Market Downloads
Gary Gorton, Ping He and Lixin Huang
12074: Are Prudential Supervision and Regulation Pillars of Financial Stability? Evidence from the Great Depression Downloads
Kris James Mitchener
12073: Partisan Impacts on the Economy: Evidence from Prediction Markets and Close Elections Downloads
Erik Snowberg, Justin Wolfers and Eric Zitzewitz
12072: Recent Chinese Buyout Activity and the Implications for Global Architecture Downloads
Agata Antkiewicz and John Whalley
12071: Employee Screening: Theory and Evidence Downloads
Fali Huang and Peter Cappelli
12070: Environmental Investment and Policy with Distortionary Taxes and Endogenous Growth Downloads
Don Fullerton and Seung-Rae Kim
12069: Looking Beyond TRIA: A Clinical Examination of Potential Terrorism Loss Sharing Downloads
Howard Kunreuther and Erwann Michel-Kerjan
12068: CEO Turnover and Relative Performance Evaluation Downloads
Dirk Jenter and Fadi Kanaan
12067: A Bound on Risk Aversion Using Labor Supply Elasticities Downloads
Raj Chetty
12066: Testing for Racial Differences in the Mental Ability of Young Children Downloads
Roland Fryer and Steven Levitt
12065: Inside the Black Box of Doctoral Education: What Program Characteristics Influence Doctoral Students' Attrition and Graduation Probabilities? Downloads
Ronald Ehrenberg, George Jakubson, Jeffrey Groen, Eric So and Joseph Price
12064: Program Design and Student Outcomes in Graduate Education Downloads
Jeffrey Groen, George Jakubson, Ronald Ehrenberg, Scott Condie and Albert Liu
12063: Putting Behavioral Economics to Work: Testing for Gift Exchange in Labor Markets Using Field Experiments Downloads
Uri Gneezy and John List
12062: Unhappiness after Hurricane Katrina Downloads
Miles Kimball, Helen Levy, Fumio Ohtake and Yoshiro Tsutsui
12061: Taxation Downloads
Louis Kaplow
12060: Five Open Questions About Prediction Markets Downloads
Justin Wolfers and Eric Zitzewitz
12059: The Making of an Investment Banker: Macroeconomic Shocks, Career Choice, and Lifetime Income Downloads
Paul Oyer
12058: The Most Important Works of Art of the Twentieth Century Downloads
David Galenson
12057: Some Answers to the Retirement-Consumption Puzzle Downloads
Michael Hurd and Susann Rohwedder
12056: Single Parenthood and Childhood Outcomes in the Mid-Nineteenth Century Urban South Downloads
Howard Bodenhorn
12055: Estimating and Testing Beta Pricing Models: Alternative Methods and their Performance in Simulations Downloads
Jay Shanken and Guofu Zhou
12054: The Economic Costs of the Iraq War: An Appraisal Three Years After the Beginning of the Conflict Downloads
Linda Bilmes and Joseph Stiglitz
12053: Competing Approaches to Forecasting Elections: Economic Models, Opinion Polling and Prediction Markets Downloads
Andrew Leigh and Justin Wolfers
12052: New Measures of Port Efficiency Using International Trade Data Downloads
Bruce Blonigen and Wesley Wilson
12051: Bidding for Incomplete Contracts: An Empirical Analysis Downloads
Patrick Bajari, Stephanie Houghton and Steven Tadelis
12050: A Framework for Assessing Corporate Governance Reform Downloads
Benjamin Hermalin and Michael Weisbach
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