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NBER Working Papers
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7859: Political Jurisdictions in Heterogeneous Communities
Alberto Alesina , Reza Baqir and Caroline Hoxby
7858: Globalization of the Economy
Jeffrey Alexander Frankel
7857: Estimating the Effect of Currency Unions on Trade and Output
Jeffrey Alexander Frankel and Andrew Kenan Rose
7856: Gold into Base Metals: Productivity Growth in the People's Republic of China during the Reform Period
Alwyn Young
7855: Managers, Investors, and Crises: Mutual Fund Strategies in Emerging Markets
Graciela Laura Kaminsky , Richard K. Lyons and Sergio Luis Schmukler
7854: Ability Tracking, School Competition, and the Distribution of Educational Benefits
Dennis Epple , Elizabeth Newlon and Richard Evans Romano
7853: Monetary Policy in a World Without Money
Michael Woodford
7852: Trade Liberalization, Exit, and Productivity Improvements: Evidence from Chilean Plants
Nina Pavcnik
7851: When Does Start-Up Innovation Spur the Gale of Creative Destruction?
Joshua Gans , David H. Hsu and Scott Stern
7850: Neighborhood Schools, Choice, and the Distribution of Educational Benefits
Dennis Epple and Richard Evans Romano
7849: Creative Destruction and Development: Institutions, Crises, and Restructuring
Ricardo J. Caballero and Mohamad L. Hammour
7848: Factor Supplies and Specialization in the World Economy
James Harrigan and Egon Zakrajsek
7847: A Model for the Federal Funds Rate Target
James Hamilton and Oscar Jorda
7846: What Explains Skill Upgrading in Less Developed Countries?
Nina Pavcnik
7845: Troubled Banks, Impaired Foreign Direct Investment: The Role of Relative Access to Credit
Michael W. Klein , Joe Peek and Eric Rosengren
7844: Was There a Riverside Miracle? A Framework for Evaluating Multi-Site Programs
Rajeev Dehejia
7843: Industry-University Cooperative Research Centers
James D. Adams , Eric P. Chiang and Katara Starkey
7842: Regulating Executive Pay: Using the Tax Code to Influence CEO Compensation
Nancy L. Rose and Catherine Wolfram
7841: Body Weight and Women's Labor Market Outcomes
John Cawley
7840: Balance Sheets and Exchange Rate Policy
Luis Felipe Cespedes , Roberto Chang and Andres Velasco
7839: 'Risky Habits' and the Marginal Propensity to Consume Out of Permanent Income, or, How Much Would a Permanent Tax Cut Boost Japanese Consumption?
Christopher Carroll
7838: The Behavioral Dynamics of Youth Smoking
Donna B. Gilleskie and Koleman S. Strumpf
7837: Perspectives on the Budget Surplus
Alan Auerbach and William Glenn Gale
7836: Explaining the Border Effect: The Role of Exchange Rate Variability, Shipping Costs, and Geography
David Parsley and Shang-Jin Wei
7835: Rebels, Conformists, Contrarians and Momentum Traders
Evan Gatev and Stephen A. Ross
7834: Is Mobility of Technical Personnel a Source of R&D Spillovers?
Jarle Møen
7833: Does the "New Economy" Measure up to the Great Inventions of the Past?
Robert J. Gordon
7832: Enrollee Mix, Treatment Intensity, and Cost in Competing Indemnity and HMO Plans
Daniel Altman , David M. Cutler and Richard J. Zeckhauser
7831: Selection on Observed and Unobserved Variables: Assessing the Effectiveness of Catholic Schools
Joseph G. Altonji , Todd Elder and Christopher R. Taber
7830: Social Security and Retirement
Courtney Coile and Jonathan Gruber
7829: Medicaid
Jonathan Gruber
7828: The Razor's Edge: Distortions and Incremental Reform in the People's Republic of China
Alwyn Young
7827: Capital Gains Holding Periods and Equity Trading: Evidence from the 1998 Tax Act
Jennifer L. Blouin , Jana Smith Raedy and Douglas A. Shackelford
7826: Portfolios of the Rich
Christopher Carroll
7825: The Antebellum Tariff on Cotton Textiles Revisited
Douglas A. Irwin and Peter Temin
7824: On the Benefits of Dollarization when Stabilization Policy is not Credible and Financial Markets are Imperfect
Enrique G. Mendoza
7823: Fiscal Policies in Open Cities with Firms and Households
Andrew F. Haughwout and Robert P. Inman
7822: Strategic Trade, Competitive Industries and Agricultural Trade Disputes
Kyle Bagwell and Robert W. Staiger
7821: On the Marginal Source of Investment Funds
Alan Auerbach and Kevin Allen Hassett
7820: Identifying the Role of Cognitive Ability in Explaining the Level of and Change in the Return to Schooling
James J. Heckman and Edward Vytlacil
7819: Estimating Production Functions Using Inputs to Control for Unobservables
James Levinsohn and Amil Petrin
7818: Comments on Obstfeld and Rogoff's "The Six Major Puzzles in International Macroeconomics: Is There a Common Cause?"
Charles Engel
7817: Technology, Unemployment, and Inflation
Jacob Mincer and Stephan Danninger
7816: The Medical Treatment of Depression, 1991-1996: Productive Inefficiency, Expected Outcome Variations, and Price Indexes
Ernst R. Berndt , Anupa Bir , Susan H. Busch , Richard G. Frank and Sharon-Lise T. Normand
7815: The Tenuous Tradeoff Between Risk and Incentives
Canice Prendergast
7814: Elderly Asset Management and Health: An Empirical Analysis
Jonathan Feinstein and Chih-Chin Ho
7813: Interest Rate Volatility and Contagion in Emerging Markets: Evidence from the 1990s
Sebastian Edwards and Raul Susmel
7812: Mortality Risk, Inflation Risk, and Annuity Products
Jeffrey Robert Brown , Olivia S. Mitchell and James Poterba
7811: The Distributional Burden of Taxing Estates and Unrealized Capital Gains at the Time of Death
James Poterba and Scott Weisbenner
7810: Interpreting Developed Countries' Foreign Direct Investment
Robert E. Lipsey
7809: The Expectations Trap Hypothesis
Lawrence J. Christiano and Christopher James Gust
7808: Firm Value, Risk, and Growth Opportunities
Hyun-Han Shin and René M. Stulz
7807: The Asian Flu and Russian Virus: Firm-level Evidence on How Crises are Transmitted Internationally
Kristin Forbes
7806: Child Care Subsidy Programs
David Blau
7805: Evolving Standards for Academic Publishing: A q-r Theory
Glenn Ellison
7804: The Slowdown of the Economics Publishing Process
Glenn Ellison
7803: Does Diversification Destroy Value? Evidence From Industry Shocks
Owen A. Lamont and Christopher Polk
7802: Collective Choice and Voluntary Provision of Public Goods
Dennis Epple and Richard Evans Romano
7801: Interest Rates, Contagion and Capital Controls
Sebastian Edwards
7800: Technical Change, Inequality, and the Labor Market
Daron Acemoglu
7799: Market Responses to Interindustry Wage Differentials
George Borjas and Valerie Ann Ramey
7798: Winning Isn't Everything: Corruption in Sumo Wrestling
Mark Duggan and Steven Levitt
7797: Looking for Contagion: Evidence from the ERM
Carlo Favero and Francesco Giavazzi
7796: On the Gains to International Trade in Risky Financial Assets
Steven J. Davis , Jeremy Nalewaik and Paul Willen
7795: Country Portfolios
Aart Kraay , Norman V. Loayza , Luis Servén and Jaume Ventura
7794: When Unions "Mattered": Assessing the Impact of Strikes on Financial Markets: 1925-1937
John Enrico DiNardo and Kevin F. Hallock
7793: Inequality and Growth: What Can the Data Say?
Abhijit V. Banerjee and Esther Duflo
7792: Dollarization of Liabilities: Underinsurance and Domestic Financial Underdevelopment
Ricardo J. Caballero and Arvind Krishnamurthy
7791: Bequests as Signals: An Explanation for the Equal Division Puzzle
B. Douglas Bernheim and Sergei Severinov
7790: Consumer City
Edward Ludwig Glaeser , Jed Kolko and Albert Saiz
7789: Hospital Ownership and Public Medical Spending
Mark Duggan
7788: Product Prices and the OECD Cycle
Aart Kraay and Jaume Ventura
7787: Simon S. Kuznets: April 30, 1901-July 9, 1985
Robert William Fogel
7786: Building the IPO Order Book: Underpricing and Participation Limits With Costly Information
Ann Sherman and Sheridan Titman
7785: The Dynamics of Car Sales: A Discrete Choice Approach
Jerome Adda and Russell Cooper
7784: Land, Labor and Globalization in the Pre-Industrial Third World
Jeffrey Gale Williamson
7783: Why Stocks May Disappoint
Andrew Ang , Geert Bekaert and Jun Liu
7782: Macroeconomic Volatility in Latin America: A View and Three Case Studies
Ricardo J. Caballero
7781: Risky Behavior Among Youths: An Economic Analysis
Jonathan Gruber
7780: Youth Smoking in the U.S.: Evidence and Implications
Jonathan Gruber and Jonathan Zinman
7779: Evaluating and Investing in Equity Mutual Funds
Lubos Pastor and Robert F. Stambaugh
7778: The Equity Premium and Structural Breaks
Lubos Pastor and Robert F. Stambaugh
7777: The Six Major Puzzles in International Macroeconomics: Is There a Common Cause?
Maurice Obstfeld and Kenneth S Rogoff
7776: Tariff-Jumping Antidumping Duties
Bruce A. Blonigen
7775: A Framework for Assessing Estate and Gift Taxation
Louis Kaplow
7774: Tax and Subsidy Combinations for the Control of Car Pollution
Don Fullerton and Sarah E. West
7773: The Cost of Job Security Regulation: Evidence from Latin American Labor Markets
James J. Heckman and Carmen Pages
7772: Consumption Externalities and Diffusion in Pharmaceutical Markets: Antiulcer Drugs
Ernst R. Berndt , Robert S. Pindyck and Pierre Azoulay
7771: The Colonial Origins of Comparative Development: An Empirical Investigation
Daron Acemoglu , Simon Johnson and James Alan Robinson
7770: Pensions and Contemporary Socioeconomic Change
Assar Lindbeck
7769: Estimating the Return to Schooling: Progress on Some Persistent Econometric Problems
David E. Card
7768: On the Instability of Variance Decompositions of the Real Exchange Rate across Exchange-Rate-Regimes: Evidence from Mexico and the United States
Enrique G. Mendoza
7767: Allocating Payroll Tax Revenue to Personal Retirement Accounts to Maintain Social Security Benefits and the Payroll Tax Rate
Martin S. Feldstein and Andrew Alan Samwick
7766: Quality of Bureaucracy and Open-Economy Macro Policies
Chong-En Bai and Shang-Jin Wei
7765: Natural Openness and Good Government
Shang-Jin Wei
7764: Banks, Short Term Debt and Financial Crises: Theory, Policy Implications and Applications
Douglas W. Diamond and Raghuram G. Rajan
7763: Emerging Equity Markets and Economic Development
Geert Bekaert , Campbell R. Harvey and Christian Lundblad
7762: Generational Conflict, Human Capital Accumulation, and Economic Growth
Douglas Holtz-Eakin , Mary E. Lovely and Mehmet Serkan Tosun
7761: Borrowing Constraints and the Returns to Schooling
Stephen Cameron and Christopher Taber
7760: The Economic Impacts of the Tobacco Settlement
David M. Cutler , Jonathan Gruber , Raymond S. Hartman , Joseph Newhouse and Meredith B. Rosenthal