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NBER Working Papers
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17034: Are the Effects of Monetary Policy Shocks Big or Small?
Olivier Coibion
17033: Gun For Hire: Does Delegated Enforcement Crowd out Peer Punishment in Giving to Public Goods?
James Andreoni and Laura K. Gee
17032: The Hired Gun Mechanism
James Andreoni and Laura K. Gee
17031: Individual Preferences, Organization, and Competition in a Model of R&D Incentive Provision
Nicola Lacetera and Lorenzo Zirulia
17030: Heuristic Thinking and Limited Attention in the Car Market
Nicola Lacetera , Devin G. Pope and Justin R. Sydnor
17029: An Exploration of Optimal Stabilization Policy
N. Gregory Mankiw and Matthew C Weinzierl
17028: Limited and Varying Consumer Attention: Evidence from Shocks to the Salience of Bank Overdraft Fees
Victor Stango and Jonathan Zinman
17027: The Social Cost of Near-Rational Investment
Tarek Alexander Hassan and Thomas Michael Mertens
17026: Credit Risk and Disaster Risk
Francois Gourio
17025: Optimal Portfolio Choice with Wage-Indexed Social Security
Jialun Li and Kent Smetters
17024: Historical Evidence on the Finance-Trade-Growth Nexus
Michael David Bordo and Peter Rousseau
17023: The Role of Skill Versus Luck in Poker: Evidence from the World Series of Poker
Steven Levitt and Thomas J. Miles
17022: The Quantification of Systemic Risk and Stability: New Methods and Measures
Romney B. Duffey
17021: Credit Spreads and Business Cycle Fluctuations
Simon Gilchrist and Egon Zakrajsek
17020: Remembering to Pay? Reminders vs. Financial Incentives for Loan Payments
Ximena Cadena and Antoinette Schoar
17019: The Value of Secure Property Rights: Evidence from Global Fisheries
Corbett A. Grainger and Christopher Costello
17018: Framing Effects and Expected Social Security Claiming Behavior
Jeffrey Robert Brown , Arie Kapteyn and Olivia S. Mitchell
17017: Public Goods Agreements with Other-Regarding Preferences
Charles D. Kolstad
17016: Socioeconomic Status in Childhood and Health After Age 70: A New Longitudinal Analysis for the U.S., 1895-2005
Joseph P. Ferrie and Karen Rolf
17015: A Matter of Trust: Understanding Worldwide Public Pension Conversions
Kent Smetters and Walter E. Theseira
17014: Managing Self-Confidence: Theory and Experimental Evidence
Markus M. Mobius , Muriel Niederle , Paul Niehaus and Tanya S. Rosenblat
17013: The Organization of R&D in American Corporations: The Determinants and Consequences of Decentralization
Ashish Arora , Sharon Belenzon and Luis A. Rios
17012: Reshaping Institutions: Evidence on Aid Impacts Using a Pre-Analysis Plan
Katherine Casey , Rachel Glennerster and Edward Andrew Miguel
17011: Can Medical Progress be Sustained? Implications of the Link Between Development and Output Markets
Anup Malani and Tomas J Philipson
17010: Legal Investor Protection and Takeovers
Mike Burkart , Denis Gromb , Holger M. Mueller and Fausto Panunzi
17009: Estimates of Crowd-Out from a Public Health Insurance Expansion Using Administrative Data
Laura Dague , Thomas DeLeire , Donna Friedsam , Daphne Kuo , Lindsey Leininger , Sarah Meier and Kristen Voskuil
17008: Sustainability and its Measurement
Geoffrey Heal
17007: Continuous Workout Mortgages
Robert J. Shiller , Rafal M. Wojakowski , M. Shahid Ebrahim and Mark B. Shackleton
17006: Durable Financial Regulation: Monitoring Financial Instruments as a Counterpart to Regulating Financial Institutions
Leonard Nakamura
17005: Should Central Banks Raise their Inflation Targets? Some Relevant Issues
Bennett McCallum
17004: The Impact of Pollution on Worker Productivity
Joshua Graff Zivin and Matthew J. Neidell
17003: Terms of Trade and Global Efficiency Effects of Free Trade Agreements, 1990-2002
James E. Anderson and Yoto V. Yotov
17002: Does Government Investment in Local Public Goods Spur Gentrification? Evidence from Beijing
Siqi Zheng and Matthew Kahn
17001: Negative Leakage
Don Fullerton , Daniel Karney and Kathy Baylis
17000: Counterparty Risk Externality: Centralized Versus Over-the-counter Markets
Viral V. Acharya and Alberto Bisin
16999: Household Debt and Saving During the 2007 Recession
Rajashri Chakrabarti , Donghoon Lee , Wilbert H van der Klaauw and Basit Zafar
16998: Systemic Risks and the Macroeconomy
Gianni De Nicolò and Marcella Lucchetta
16997: Quantile Regression with Censoring and Endogeneity
Victor Chernozhukov , Ivan Fernandez-Val and Amanda Ellen Kowalski
16996: Shocks and Crashes
Martin Lettau and Sydney C. Ludvigson
16995: Cash Holdings and Credit Risk
Viral V. Acharya , Sergei A. Davydenko and Ilya A. Strebulaev
16994: Illiquid Banks, Financial Stability, and Interest Rate Policy
Douglas W. Diamond and Raghuram G. Rajan
16993: The Rate and Direction of Invention in the British Industrial Revolution: Incentives and Institutions
Ralf Meisenzahl and Joel Mokyr
16992: China's Rising Demand for "Green Cities": Evidence from Cross-City Real Estate Price Hedonics
Siqi Zheng , Jing Cao and Matthew Kahn
16991: Pensions in the 2000s: the Lost Decade?
Edward Nathan Wolff
16990: The Pragmatist’s Guide to Comparative Effectiveness Research
Amitabh Chandra , Anupam Bapu Jena and Jonathan Skinner
16989: Unintended Media Effects in a Conflict Environment: Serbian Radio and Croatian Nationalism
Stefano DellaVigna , Ruben Enikolopov , Vera Mironova , Maria Petrova and Ekaterina Zhuravskaya
16988: Intertemporal Price Discrimination in Storable Goods Markets
Igal Hendel and Aviv Nevo
16987: The Cost of Fuel Economy in the Indian Passenger Vehicle Market
Randy Chugh , Maureen L. Cropper and Urvashi Narain
16986: Employment in Black Urban Labor Markets: Problems and Solutions
Judith K. Hellerstein and David Neumark
16985: Drowning or Weathering the Storm? Changes in Family Finances from 2007 to 2009
Jesse Bricker , Brian K. Bucks , Arthur Kennickell , Traci L. Mach and Kevin Moore
16984: Diversity and Technological Progress
Daron Acemoglu
16983: Did Plant Patents Create the American Rose?
Petra Moser and Paul W. Rhode
16982: Systemic Sovereign Credit Risk: Lessons from the U.S. and Europe
Andrew Ang and Francis A. Longstaff
16981: A Test of Racial Bias in Capital Sentencing
Alberto Alesina and Eliana La Ferrara
16980: Funding Scientific Knowledge: Selection, Disclosure and the Public-Private Portfolio
Joshua Gans and Fiona E. Murray
16979: Bank Finance Versus Bond Finance
Fiorella De Fiore and Harald Uhlig
16978: The Demand for Health Insurance Among Uninsured Americans: Results of a Survey Experiment and Implications for Policy
Alan B. Krueger and Ilyana Kuziemko
16977: How does Risk Selection Respond to Risk Adjustment? Evidence from the Medicare Advantage Program
Jason Brown , Mark Duggan , Ilyana Kuziemko and William Woolston
16976: Stock Volatility During the Recent Financial Crisis
G. William Schwert
16975: Dissecting the Effect of Credit Supply on Trade: Evidence from Matched Credit-Export Data
Daniel Paravisini , Veronica Rappoport , Philipp Schnabl and Daniel Wolfenzon
16974: What Do Consumers Believe About Future Gasoline Prices?
Soren T. Anderson , Ryan Kellogg and James M. Sallee
16973: The Effect of Education on Religion: Evidence from Compulsory Schooling Laws
Daniel M. Hungerman
16972: Discount Rates
John H. Cochrane
16971: Valuing Mortality Risk Reductions: Progress and Challenges
Maureen L. Cropper , James K. Hammitt and Lisa A. Robinson
16970: On the Relationship Between Mobility, Population Growth, and Capital Spending in the United States
Marco Bassetto and Leslie McGranahan
16969: Selection on Moral Hazard in Health Insurance
Liran Einav , Amy Finkelstein , Stephen P. Ryan , Paul Schrimpf and Mark R. Cullen
16968: What Do Business Climate Indexes Teach Us About State Policy and Economic Growth?
Jed Kolko , David Neumark and Marisol Cuellar Mejia
16967: Global retail lending in the aftermath of the US financial crisis: Distinguishing between supply and demand effects
Manju Puri , Jörg Rocholl and Sascha Steffen
16966: Hither Thou Shalt Come, But No Further: Reply to "The Colonial Origins of Comparative Development: An Empirical Investigation: Comment"
Daron Acemoglu , Simon Johnson and James Alan Robinson
16965: Household Leverage and the Recession
Thomas PHILIPPON and Virgiliu Midrigan
16964: Exporting Christianity: Governance and Doctrine in the Globalization of US Denominations
Gordon Hanson and Chong Xiang
16963: Contracting for Impure Public Goods: Carbon Offsets and Additionality
Charles F. Mason and Andrew Plantinga
16962: Market-specific and Currency-specific Risk During the Global Financial Crisis: Evidence from the Interbank Markets in Tokyo and London
Shin-ichi Fukuda
16961: Sentencing Guidelines and Judicial Discretion: Quasi-experimental Evidence from Human Calculation Errors
Shawn D. Bushway , Emily Greene Owens and Anne Morrison Piehl
16960: Trade Liberalization and Firm Dynamics
Ariel Burstein and Marc J. Melitz
16959: Market Size, Competition, and the Product Mix of Exporters
Thierry Mayer , Marc J. Melitz and Gianmarco .P. Ottaviano
16958: Trade Adjustment and Productivity in Large Crises
Gita Gopinath and Brent Neiman
16957: Consumption Smoothing and Portfolio Rebalancing: The Effects of Adjustment Costs
Yosef Bonaparte , Russell Cooper and Guozhong John Zhu
16956: The Effectiveness of Alternative Monetary Policy Tools in a Zero Lower Bound Environment
James Hamilton and Jing Cynthia Wu
16955: Learning During a Crisis: the SARS Epidemic in Taiwan
Daniel Bennett , Chun-Fang Chiang and Anup Malani
16954: Tipping Climate Negotiations
Geoffrey Heal and Howard Kunreuther
16953: Technology Growth and Expenditure Growth in Health Care
Amitabh Chandra and Jonathan Skinner
16952: Coups, Corporations, and Classified Information
Arindrajit Dube , Ethan Daniel Kaplan and Suresh Naidu
16951: Foresight and Information Flows
Eric Leeper , Todd B. Walker and Shu-Chun S. Yang
16950: Why Surplus Consumption in the Habit Model May be Less Persistent than You Think
Anthony W. Lynch and Oliver Randall
16949: How Prediction Markets Can Save Event Studies
Erik Christopher Snowberg , Justin Wolfers and Eric Zitzewitz
16948: Do Local Elections in Non-Democracies Increase Accountability? Evidence from Rural China
Monica Martinez-Bravo , Gerard Padró i Miquel , Nancy Qian and Yang Yao
16947: Lifting the Domestic Veil: The Challenges of Exporting Differentiated Goods Across the Development Divide
Alejandro Artopoulos , Daniel Friel and Juan Carlos Hallak
16946: U.S. Intervention During the Bretton Woods Era: 1962-1973
Michael David Bordo , Owen F. Humpage and Anna Jacobson Schwartz
16945: A Solution to Fiscal Procyclicality: The Structural Budget Institutions Pioneered by Chile
Jeffrey Alexander Frankel
16944: Fighting Procrastination in the Workplace: An Experiment
Ximena Cadena , Antoinette Schoar , Alexandra Cristea and Héber M. Delgado-Medrano
16943: The Circulation of Ideas in Firms and Markets
Thomas Hellmann and Enrico Perotti
16942: Carry Trade and Momentum in Currency Markets
Craig Burnside , Martin Eichenbaum and Sergio T Rebelo
16941: Macroeconomic Conditions and Capital Raising
Isil Erel , Brandon Julio , Woojin Kim and Michael Steven Weisbach
16940: Exports and Credit Constraints Under Incomplete Information: Theory and Evidence from China
Robert C. Feenstra , Zhiyuan Li and Miaojie Yu
16939: Education as Liberation?
Willa Friedman , Michael Kremer , Edward Andrew Miguel and Rebecca L. Thornton
16938: An Overview of The Changing Body: Health, Nutrition, and Human Development in the Western World Since 1700
Robert William Fogel and Nathaniel Grotte
16937: Broadening Focus: Spillovers, Complementarities and Specialization in the Hospital Industry
Jonathan R. Clark and Robert S. Huckman
16936: An Elementary Theory of Global Supply Chains
Arnaud Costinot , Jonathan E. Vogel and Su Wang
16935: Inference with Imperfect Randomization: The Case of the Perry Preschool Program
James J. Heckman , Rodrigo Pinto , Azeem M. Shaikh and Adam Yavitz