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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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9197: The Impact of Income on Mortality: Evidence from the Social Security Notch Downloads
Stephen E. Snyder and William Evans
9196: Precautionary Saving and Consumption Fluctuations Downloads
Jonathan Parker and Bruce Preston
9195: Understanding Individual Account Guarantees Downloads
Marie-Eve Lachance and Olivia Mitchell
9194: Flexibility and Job Creation: Lessons for Germany Downloads
James Heckman
9193: Abortion Legalization and Adolescent Substance Use Downloads
Kerwin Kofi Charles and Melvin Stephens
9192: Modest Policy Interventions Downloads
Eric Leeper and Tao Zha
9191: Vertical Integration and Distance to Frontier Downloads
Daron Acemoglu, Philippe Aghion and Fabrizio Zilibotti
9190: Sargent-Wallace Meets Krugman-Flood-Garber, or: Why Sovereign Debt Swaps Don't Avert Macroeconomic Crises Downloads
Joshua Aizenman, Kenneth Kletzer and Brian Pinto
9189: Storable Votes Downloads
Alessandra Casella
9188: The Trick is to Live: Is the Estate Tax Social Security for the Rich? Downloads
Wojciech Kopczuk
9187: Trust in Public Finance Downloads
Joel Slemrod
9186: Why World Redistribution Fails Downloads
Wojciech Kopczuk, Joel Slemrod and Shlomo Yitzhaki
9185: The Effect of Education on Medical Technology Adoption: Are the More Educated More Likely to Use New Drugs Downloads
Adriana Lleras-Muney and Frank Lichtenberg
9184: Decomposing Wage Inequality Change Using General Equilibrium Models Downloads
Lisandro Abrego and John Whalley
9183: The Social Security Early Entitlement Age in a Structural Model of Retirement and Wealth Downloads
Alan Gustman and Thomas L. Steinmeier
9182: Path Dependence and the Origins of Cotton Textile Manufacturing in New England Downloads
Joshua Rosenbloom
9181: Why Did the Tariff-Growth Correlation Reverse After 1950? Downloads
Michael Clemens and Jeffrey Williamson
9180: Changing Labor Market Opportunities for Women and the Quality of Teachers 1957-1992 Downloads
Sean Corcoran, William Evans and Robert S. Schwab
9179: How to Protect Future Generations Using Tax Base Restrictions Downloads
Antonio Rangel
9178: Bond Risk Premia Downloads
John Cochrane and Monika Piazzesi
9177: Large Portfolio Losses Downloads
Amir Dembo, Jean-Deominique Deuschel and Darrell Duffie
9176: Real Shock, Monetary Aftershock: The San Francisco Earthquake and the Panic of 1907 Downloads
Kerry A. Odell and Marc Weidenmier
9175: Efficient Patent Pools Downloads
Josh Lerner and Jean Tirole
9174: Coordination, Fair Treatment and Inflation Persistence Downloads
John Driscoll and Steinar Holden
9173: A Renaissance Instrument to Support Nonprofits: The Sale of Private Chapels in Florentine Churches Downloads
Jonathan Katz Nelson and Richard Zeckhauser
9172: Catholic Schools and Bad Behavior: A Propensity Score Matching Analysis Downloads
Naci Mocan and Erdal Tekin
9171: The Political Economy of Hatred Downloads
Edward Glaeser
9170: Survival of the Best Fit: Competition from Low Wage Countries and the (Uneven) Growth of US Manufacturing Plants Downloads
Andrew Bernard, J. Jensen and Peter Schott
9169: The Gains from Trade with Monopolistic Competition: Specification, Estimation, and Mis-Specification Downloads
Huiwen Lai and Daniel Trefler
9168: Welfare Programs and Labor Supply Downloads
Robert Moffitt
9167: Did Blue Cross and Blue Shield Suffer from Adverse Selection? Evidence from the 1950s Downloads
Melissa Thomasson
9166: The Role of Economic Policy in Social Security Reform: Perspectives from the President's Commission Downloads
John F. Cogan and Olivia Mitchell
9165: Are Politicians Really Paid Like Bureaucrats? Downloads
Rafael Di Tella and Raymond Fisman
9164: International Financial Integration and Economic Growth Downloads
Hali Edison, Ross Levine, Luca Ricci and Torsten Slok
9163: Towards a Theory of Current Accounts Downloads
Jaume Ventura
9162: Vertical Networks and US Auto Parts Exports: Is Japan Different? Downloads
Keith Head, John Ries and Barbara Spencer
9161: Winners and Losers Over Two Centuries of Globalization Downloads
Jeffrey Williamson
9160: A Brazilian Debt-Crisis Downloads
Assaf Razin and Efraim Sadka
9159: What Fundamentals Drive World Migration? Downloads
Timothy Hatton and Jeffrey Williamson
9158: Liquidity, Efficiency and Bank Bailouts Downloads
Gary Gorton and Lixin Huang
9157: Does Managerial 'Outsourcing' Reduce Expense Preference Behavior? A Comparison of Adopters and Non-Adopters of Contract-Management in US Hospitals Downloads
Kathleen Carey and Avi Dor
9156: The Market for Corporate Law Downloads
Oren Bar-Gill, Michal Barzuza and Lucian Bebchuk
9155: The Welfare Implications of Increasing Disability Insurance Benefit Generosity Downloads
John Bound, Julie Cullen, Austin Nichols and Lucie Schmidt
9154: International Reserve Holdings with Sovereign Risk and Costly Tax Collection Downloads
Joshua Aizenman and Nancy Marion
9153: The Social Multiplier Downloads
Edward Glaeser, Bruce Sacerdote and Jose Scheinkman
9152: Estimates from a Consumer Demand System: Implications for the Incidence of Environmental Taxes Downloads
Sarah West and Roberton Williams
9151: Do Mergers Lead to Monopoly in the Long Run? Results from the Dominant Firm Model Downloads
Gautam Gowrisankaran and Thomas Holmes
9150: The Injustice of Inequality Downloads
Edward Glaeser and Andrei Shleifer
9149: The New York School vs. the School of Paris: Who Really Made the Most Important Art After World War II? Downloads
David Galenson
9148: Health Insurance Coverage and the Disability Insurance Application Decision Downloads
Jonathan Gruber and Jeffrey Kubik
9147: Crises in the Global Economy from Tulips to Today: Contagion and Consequences Downloads
Larry Neal and Marc Weidenmier
9146: The Illiquidity Puzzle: Theory and Evidence from Private Equity Downloads
Josh Lerner and Antoinette Schoar
9145: Using Heteroscedasticity to Estimate the Returns to Education Downloads
Vincent Hogan and Roberto Rigobon
9144: Household Demand for Employer-Based Health Insurance Downloads
Jean Marie Abraham, William Vogt and Martin Gaynor
9143: Spurious Regressions in Financial Economics? Downloads
Wayne Ferson, Sergei Sarkissian and Timothy Simin
9142: Expected Bequests and Their Distribution Downloads
Michael Hurd and James Smith
9141: The Impact and Inefficiency of the Corporate Income Tax: Evidence from State Organizational Form Data Downloads
Austan Goolsbee
9140: The Effects of Subjective Survival on Retirement and Social Security Claiming Downloads
Michael Hurd, James Smith and Julie Zissimopoulos
9139: The Effect of Changes in Drug Utilization on Labor Supply and Per Capita Output Downloads
Frank Lichtenberg
9138: Bank-Based or Market-Based Financial Systems: Which is Better? Downloads
Ross Levine
9137: Banking Panics and the Origin of Central Banking Downloads
Gary Gorton and Lixin Huang
9136: Tax Distortions and Global Climate Policy Downloads
Mustafa H. Babiker, Gilbert Metcalf and John Reilly
9135: '3rd of tha Month': Do Social Security Recipients Smooth Consumption Between Checks? Downloads
Melvin Stephens
9134: In Search of the Holy Grail: Policy Convergence, Experimentation, and Economic Performance Downloads
Sharun Mukand and Dani Rodrik
9133: The Measured Black-White Wage Gap Among Women is Too Small Downloads
Derek Neal
9132: Optimal Long-Run Fiscal Policy: Constraints, Preferences and the Resolution of Uncertainty Downloads
Alan Auerbach and Kevin Hassett
9131: Investor Behavior and the Purchase of Company Stock in 401(k) Plans - The Importance of Plan Design Downloads
Nellie Liang and Scott Weisbenner
9130: Modeling Health Insurance Expansions: Effects of Alternate Approaches Downloads
Dahlia K. Remler, Joshua Graff Zivin and Sherry A. Glied
9129: Feasible Globalizations Downloads
Dani Rodrik
9128: Wealth Portfolios in the UK and the US Downloads
James Banks, Richard Blundell and James Smith
9127: Has the Business Cycle Changed and Why? Downloads
James Stock and Mark Watson
9126: Does Confidential Proxy Voting Matter? Downloads
Roberta Romano
9125: Optimal Pollution Abatement - Whose Benefits Matter, and How Much? Downloads
Wayne Gray and Ronald J. Shadbegian
9124: Institutional Causes, Macroeconomic Symptoms: Volatility, Crises and Growth Downloads
Daron Acemoglu, Simon Johnson, James Robinson and Yunyong Thaicharoen
9123: Careers and Canvases: The Rise of the Market for Modern Art in the Nineteenth Century Downloads
David Galenson and Robert Jensen
9122: Foreign Entry into U.S. Manufacturing by Takeovers and the Creation of New Firms Downloads
Robert Lipsey and Zadia Feliciano
9121: Knowledge Creation and Control in Organizations Downloads
Diego Puga and Daniel Trefler
9120: The Link Between Aggregate and Micro Productivity Growth: Evidence from Retail Trade Downloads
Lucia Foster, John Haltiwanger and C.J. Krizan
9119: The Declining Effects of OSHA Inspections on Manufacturing Injuries: 1979 to 1998 Downloads
Wayne Gray and John Mendeloff
9118: Exchange Rates and Adjustment: Perspectives from the New Open Economy Macroeconomics Downloads
Maurice Obstfeld
9117: When Economic Reform Goes Wrong: Cashews in Mozambique Downloads
Margaret McMillan, Dani Rodrik and Karen Horn Welch
9116: Sharpening Sharpe Ratios Downloads
William Goetzmann, Jonathan Ingersoll, Matthew I. Spiegel and Ivo Welch
9115: International Joint Ventures and the Boundaries of the Firm Downloads
Mihir A. Desai, C. Fritz Foley and James Hines
9114: The Political Economy of Intellectual Property Treaties Downloads
Suzanne Scotchmer
9113: Market Size Matters Downloads
Jeffrey Campbell and Hugo Hopenhayn
9112: From Sectoral to Functional Urban Specialization Downloads
Gilles Duranton and Diego Puga
9111: Understanding Mutual Fund and Hedge Fund Styles Using Return Based Style Analysis Downloads
Arik Ben Dor and Ravi Jagannathan
9110: Importing Equality? The Impact of Globalization on Gender Discrimination Downloads
Sandra Black and Elizabeth Brainerd
9109: Entrepreneurship Downloads
Edward Lazear
9108: Estimating the Social Return to Higher Education: Evidence From Longitudinal and Repeated Cross-Sectional Data Downloads
Enrico Moretti
9107: Firms' Decisions Where to Incorporate Downloads
Lucian Bebchuk and Alma Cohen
9106: Tropics, Germs, and Crops: How Endowments Influence Economic Development Downloads
William Easterly and Ross Levine
9105: How Prevalent is Tax Arbitrage? Evidence from the Market for Municipal Bonds Downloads
Merle Erickson, Austan Goolsbee and Edward Maydew
9104: R&D, Implementation and Stagnation: A Schumpeterian Theory of Convergence Clubs Downloads
Peter Howitt and David Mayer-Foulkes
9103: Dynamic Asset Allocation With Event Risk Downloads
Jun Liu, Francis Longstaff and Jun Pan
9102: Bank Panics and the Endogeneity of Central Banking Downloads
Gary Gorton and Lixin Huang
9101: Currency Returns, Institutional Investor Flows, and Exchange Rate Fundamentals Downloads
Kenneth Froot and Tarun Ramadorai
9100: Capital Account Liberalization and Economic Performance: Survey and Synthesis Downloads
Hali Edison, Michael Klein, Luca Ricci and Torsten Sloek
9099: An Intergenerational Model of Domestic Violence Downloads
Robert Pollak
9098: Socioeconomic Status and Health: Why is the Relationship Stronger for Older Children? Downloads
Janet Currie and Mark Stabile
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