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NBER Working Papers

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9062: Identifying the Efficacy of Central Bank Interventions: The Australian Case Downloads
Jonathan Kearns and Roberto Rigobon
9061: Carrots, Sticks and Broken Windows Downloads
Hope Corman and Naci Mocan
9060: Does Sales-only Apportionment of Corporate Income Violate the GATT? Downloads
Charles E. McLure, Jr. and Walter Hellerstein
9059: Managing Option Fragility Downloads
Brian J. Hall and Thomas A. Knox
9058: Using Discontinuous Eligibility Rules to Identify the Effects of the Federal Medicaid Expansions on Low Income Children Downloads
David Card and Lara Shore-Sheppard
9057: Expectations and Expatriations: Tracing the Causes and Consequences of Corporate Inversions Downloads
Mihir A. Desai and James Hines
9056: On the Relationship Between the Conditional Mean and Volatility of Stock Returns: A Latent VAR Approach Downloads
Michael W. Brandt and Qiang Kang
9055: The Evidence on Credit Constraints in Post-Secondary Schooling Downloads
Pedro Carneiro and James Heckman
9054: Using Market Valuation to Assess Public School Spending Downloads
Lisa Barrow and Cecilia Elena Rouse
9053: Cheap Labor Meets Costly Capital: The Impact of Devaluations on Commodity Firms Downloads
Kristin Forbes
9052: Factor Price Equalization in the UK? Downloads
Andrew Bernard, Stephen Redding, Peter Schott and Helen Simpson
9051: The Role of the Family in Immigrants' Labor-Market Activity: Evidence from the United States Downloads
Francine Blau, Lawrence Kahn, Joan Y. Moriarty and André Souza
9050: Moral Hazard in Reinsurance Markets Downloads
Neil Doherty and Kent Smetters
9049: Evaluating Value Weighting: Corporate Events and Market Timing Downloads
Owen Lamont
9048: Sales and Consumer Inventory Downloads
Igal Hendel and Aviv Nevo
9047: Pricing Currency Risk: Facts and Puzzles from Currency Boards Downloads
Sergio Schmukler and Luis Servén
9046: Optimal Progressive Capital Income Taxes in the Infinite Horizon Model Downloads
Emmanuel Saez
9045: The New Social Security Commission Personal Accounts: Where Is the Investment Principal? Downloads
Alan Gustman and Thomas L. Steinmeier
9044: Closing the Gap or Widening the Divide: The Effects of the G.I. Bill and World War II on the Educational Outcomes of Black Americans Downloads
Sarah Turner and John Bound
9043: Labor Market Institutions and Demographic Employment Patterns Downloads
Giuseppe Bertola, Francine Blau and Lawrence Kahn
9042: Ethnic Differences in Demographic Behavior in the United States: Has There Been Convergence? Downloads
Michael Haines
9041: Relational Costs and the Production of Social Capital: Evidence from Carpooling Downloads
Kerwin Charles and Patrick Kline
9040: The Failure of Input-based Schooling Policies Downloads
Eric Hanushek
9039: A Theory of the Currency Denomination of International Trade Downloads
Philippe Bacchetta and Eric van Wincoop
9038: Drug Treatment as a Crime Fighting Tool Downloads
Mireia Jofre-Bonet and Jody L. Sindelar
9037: Ethnicity, Language, and Workplace Segregation: Evidence from a New Matched Employer-Employee Data Set Downloads
Judith Hellerstein and David Neumark
9036: Employee Costs and the Decline in Health Insurance Coverage Downloads
David Cutler
9035: When Can Partial Public Insurance Produce Pareto Improvements? Downloads
Amy Finkelstein
9034: Stock Market Boom and the Productivity Gains of the 1990s Downloads
Urban Jermann and Vincenzo Quadrini
9033: Is Retirement Depressing?: Labor Force Inactivity and Psychological Well-Being in Later Life Downloads
Kerwin Kofi Charles
9032: Is There an Optimal Industry Financial Structure? Downloads
Peter MacKay and Gordon Phillips
9031: The Interaction of Partial Public Insurance Programs and Residual Private Insurance Markets: Evidence from the U.S. Medicare Program Downloads
Amy Finkelstein
9030: Current Accounts in the Long and Short Run Downloads
Aart Kraay and Jaume Ventura
9029: Beyond Markets and Hierarchies: Toward a New Synthesis of American Business History Downloads
Naomi R. Lamoreaux, Daniel M.G. Raff and Peter Temin
9028: Gender Differences in Completed Schooling Downloads
Kerwin Kofi Charles and Ming-Ching Luoh
9027: Tariff-jumping FDI and Domestic Firms' Profits Downloads
Bruce Blonigen, KaSaundra Tomlin and Wesley Wilson
9026: The Deaths of Manufacturing Plants Downloads
Andrew Bernard and J. Jensen
9025: Peer Effects in Medical School Downloads
Peter Arcidiacono and Sean Nicholson
9024: It's Fourth Down and What Does the Bellman Equation Say? A Dynamic Programming Analysis of Football Strategy Downloads
David Romer
9023: Shipping the Good Apples Out? An Empirical Confirmation of the Alchian-Allen Conjecture Downloads
David Hummels and Alexandre Skiba
9022: Intra-national Home Bias: Some Explanations Downloads
Russell Hillberry and David Hummels
9021: The Impact of Social Policy and Economic Activity Throughout the Fertility Decision Tree Downloads
Phillip Levine
9020: Explaining Home Bias in Consumption: The Role of Intermediate Input Trade Downloads
Russell Hillberry and David Hummels
9019: Globalization and Changing Patterns in the International Transmission of Shocks in Financial Markets Downloads
Michael Bordo and Antu Murshid
9018: Child Labor: The Role of Income Variability and Access to Credit Across Countries Downloads
Rajeev Dehejia and Roberta Gatti
9017: Intermediaries in the U.S. Market for Technology, 1870-1920 Downloads
Naomi R. Lamoreaux and Kenneth Sokoloff
9016: Expenditure Switching and Exchange Rate Policy Downloads
Charles Engel
9015: Taxes and Entrepreneurial Activity: Theory and Evidence for the U.S Downloads
Roger Gordon and Julie Cullen
9014: Labor Supply Effects of Social Insurance Downloads
Alan Krueger and Bruce Meyer
9013: Women, War and Wages: The Effect of Female Labor Supply on the Wage Structure at Mid-Century Downloads
Daron Acemoglu, David Autor and David Lyle
9012: The Bush Tax Cut and National Saving Downloads
Alan Auerbach
9011: How Could Everyone Have Been So Wrong? Forecasting the Great Depression with the Railroads Downloads
John Landon-Lane, Eugene White and Adam Klug
9010: Bankruptcy and Small Firms' Access to Credit Downloads
Jeremy Berkowitz and Michelle J. White
9009: Bidder Discounts and Target Premia in Takeovers Downloads
Boyan Jovanovic and Serguey Braguinsky
9008: Gains from FDI Inflows with Incomplete Information Downloads
Assaf Razin and Efraim Sadka
9007: Biotech-Pharmaceutical Alliances as a Signal of Asset and Firm Quality Downloads
Sean Nicholson, Patricia Danzon and Jeffrey S. McCullough
9006: Endogenous Political Institutions Downloads
Philippe Aghion, Alberto Alesina and Francesco Trebbi
9005: Monetary Policy in a Financial Crisis Downloads
Lawrence Christiano, Christopher Gust and Jorge Roldos
9004: Heat or Eat? Cold Weather Shocks and Nutrition in Poor American Families Downloads
Jayanta Bhattacharya, Thomas DeLeire, Steven Haider and Janet Currie
9003: Food Insecurity or Poverty? Measuring Need-Related Dietary Adequacy Downloads
Jayanta Bhattacharya, Steven Haider and Janet Currie
9002: The Performance of Performance Standards Downloads
James Heckman, Carolyn Heinrich and Jeffrey Smith
9001: Entrepreneurship in Equilibrium Downloads
Denis Gromb and David Scharfstein
9000: Daily Cross-Border Equity Flows: Pushed or Pulled? Downloads
John M. Griffin, Federico Nardari and René Stulz
8999: The Roots of Latin American Protectionism: Looking Before the Great Depression Downloads
John H. Coatsworth and Jeffrey Williamson
8998: Where Do U.S. Immigrants Come From, and Why? Downloads
Ximena Clark, Timothy Hatton and Jeffrey Williamson
8997: Art Auctions: A Survey of Empirical Studies Downloads
Orley Ashenfelter and Kathryn Graddy
8996: Benefits and Costs of Newer Drugs: An Update Downloads
Frank Lichtenberg
8995: When Does Trade Hurt? Market, Transition and Developing Economies Downloads
Kala Krishna and Cemile Yavas
8994: Are Financial Assets Priced Locally or Globally? Downloads
G. Karolyi and René Stulz
8993: The Impact of Unionization on Establishment Closure: A Regression Discontinuity Analysis of Representation Elections Downloads
John DiNardo and David S. Lee
8992: U.S. Stock Market Crashes and Their Aftermath: Implications for Monetary Policy Downloads
Frederic Mishkin and Eugene White
8991: Stock Valuation and Learning about Profitability Downloads
Lubos Pastor and Pietro Veronesi
8990: The Market Price of Credit Risk: An Empirical Analysis of Interest Rate Swap Spreads Downloads
Jun Liu, Francis Longstaff and Ravit E. Mandell
8989: Ownership Form and Trapped Capital in the Hospital Industry Downloads
Henry Hansmann, Daniel Kessler and Mark McClellan
8988: Risk Sharing and Asset Prices: Evidence From a Natural Experiment Downloads
Anusha Chari and Peter Henry
8987: Stocks as Money: Convenience Yield and the Tech-Stock Bubble Downloads
John Cochrane
8986: The Relationship Between Education and Adult Mortality in the United States Downloads
Adriana Lleras-Muney
8985: A Pollution Theory of Discrimination: Male and Female Differences in Occupations and Earnings Downloads
Claudia Goldin
8984: Private and Social Incentives for Fertility: Israeli Puzzles Downloads
Charles Manski and Joram Mayshar
8983: Evaluating Welfare Reform in the United States Downloads
Rebecca Blank
8982: Industry Growth and Capital Allocation: Does Having a Market- or Bank-Based System Matter? Downloads
Thorsten Beck and Ross Levine
8981: The Allocation of Resources by Interest Groups: Lobbying, Litigation and Administrative Regulation Downloads
John M. de Figueiredo and Rui J.P. de Figueiredo
8980: Are All Patent Examiners Equal? The Impact of Examiner Characteristics Downloads
Iain Cockburn, Samuel Kortum and Scott Stern
8979: Social Networks and the Aggregation on Individual Decisions Downloads
Lee Heavner D. and Lance Lochner
8978: The Distribution of Tax Burdens: An Introduction Downloads
Gilbert Metcalf and Don Fullerton
8977: Patent Protection and Innovation Over 150 Years Downloads
Josh Lerner
8976: Intellectual Property, Antitrust and Strategic Behavior Downloads
Dennis Carlton and Robert H. Gertner
8975: Understanding the Black-White Test Score Gap in the First Two Years of School Downloads
Roland Fryer and Steven Levitt
8974: The Powerful Antitakeover Force of Staggered Boards: Theory, Evidence and Policy Downloads
Lucian Bebchuk, John C. Coates Iv and Guhan Subramanian
8973: Democratic Policy Making with Real-Time Agenda Setting: Part 1 Downloads
B. Douglas Bernheim, Antonio Rangel and Luis Rayo
8972: The Use and Meaning of Words in Central Banking: Inflation Targeting, Credibility, and Transparency Downloads
Benjamin M. Friedman
8971: Technological Superiority and the Losses from Migration Downloads
Donald Davis and David Weinstein
8970: Asset Prices in a Flexible Inflation Targeting Framework Downloads
Stephen Cecchetti, Hans Genberg and Sushil Wadhwani
8969: Paper millionaires: How valuable is stock to a stockholder who is restricted from selling it? Downloads
Matthias Kahl, Jun Liu and Francis Longstaff
8968: Accountability, Incentives and Behavior: The Impact of High-Stakes Testing in the Chicago Public Schools Downloads
Brian A. Jacob
8967: Capital Account Liberalization, Institutions and Financial Development: Cross Country Evidence Downloads
Menzie Chinn and Hiro Ito
8966: Boom-Busts in Asset Prices, Economic Instability, and Monetary Policy Downloads
Michael Bordo and Olivier Jeanne
8965: Studying Ourselves: The Academic Labor Market Downloads
Ronald Ehrenberg
8964: Where the boys aren't: Non-cognitive skills, returns to school and the gender gap in higher education Downloads
Brian A. Jacob
8963: The Modern History of Exchange Rate Arrangements: A Reinterpretation Downloads
Carmen Reinhart and Kenneth Rogoff
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