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NBER Working Papers
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16760: The Distribution of the Size of Price Changes
Alberto Felipe Cavallo and Roberto Rigobon
16759: Did the Stimulus Stimulate? Real Time Estimates of the Effects of the American Recovery and Reinvestment Act
James Donald Feyrer and Bruce Sacerdote
16758: Unconventional Fiscal Policy at the Zero Bound
Isabel Correia , Emmanuel Farhi , Juan Pablo Nicolini and Pedro Teles
16757: The Service Sector as India's Road to Economic Growth
Barry Julian Eichengreen and Poonam Gupta
16756: Reducing Greenhouse Gas Emissions by Forest Protection: The Transaction Costs of REDD
Lee J. Alston and Krister Andersson
16755: Monetary Policy Strategy: Lessons from the Crisis
Frederic Mishkin
16754: Currency and Financial Crises of the 1990s and 2000s
Assaf Razin and Steven Rosefielde
16753: The Network Structure of International Trade
Thomas Chaney
16752: Deposit Insurance Without Commitment: Wall St. Versus Main St
Russell Cooper and Hubert Kempf
16751: Consumption and Income Poverty over the Business Cycle
Bruce D. Meyer and James Xavier Sullivan
16750: Bubbly Liquidity
Emmanuel Farhi and Jean Tirole
16749: Insurance and Taxation over the Life Cycle
Emmanuel Farhi and Iván Werning
16748: Marital Sorting and Parental Wealth
Kerwin Kofi Charles , Erik Hurst and Alexandra Killewald
16747: A Model of Momentum
Laura Xiaolei Liu and Lu Zhang
16746: Estimating the Returns to Urban Boarding Schools: Evidence from SEED
Vilsa E. Curto and Roland Gerhard Fryer
16745: Under Pressure: Job Security, Resource Allocation, and Productivity in Schools Under NCLB
Randall Reback , Jonah Rockoff and Heather L. Schwartz
16744: On the Persistent Financial Losses of U.S. Airlines: A Preliminary Exploration
Severin Borenstein
16743: Sale Rates and Price Movements in Art Auctions
Orley Ashenfelter and Kathryn Graddy
16742: Misallocation, Economic Growth, and Input-Output Economics
Charles . Jones
16741: The Long Slump
Robert Ernest Hall
16740: How Financial Literacy and Impatience Shape Retirement Wealth and Investment Behaviors
Justine S. Hastings and Olivia S. Mitchell
16739: Making friends with your neighbors? Agglomeration and tacit collusion in the lodging industry
Li Gan and Manuel Alejandro Hernandez
16738: A Simple Test of Private Information in the Insurance Markets with Heterogeneous Insurance Demand
Li Gan , Feng Huang and Adalbert Mayer
16737: Capital-Market Effects of Securities Regulation: Hysteresis, Implementation, and Enforcement
Hans B. Christensen , Luzi Hail and Christian Leuz
16736: Economic Impacts of Immigration: A Survey
Sari Pekkala Kerr and William Kerr
16735: Transaction Cost Regulation
Pablo T. Spiller
16734: Understanding Booms and Busts in Housing Markets
Craig Burnside , Martin Eichenbaum and Sergio T Rebelo
16733: Learning Versus Stealing: How Important are Market-Share Reallocations to India's Productivity Growth?
Ann E. Harrison , Leslie A. Martin and Shanthi Nataraj
16732: Electricity Consumption and Durable Housing: Understanding Cohort Effects
Dora L. Costa and Matthew Kahn
16731: If Drug Treatment Works So Well, Why Are So Many Drug Users in Prison?
Harold Pollack , Peter Reuter and Eric L. Sevigny
16730: Why Is an Elite Undergraduate Education Valuable? Evidence from Israel
Kevin Lang and Erez Siniver
16729: Does Indivisible Labor Explain the Difference Between Micro and Macro Elasticities? A Meta-Analysis of Extensive Margin Elasticities
Raj Chetty , Adam Guren , Dayanand Manoli and Andrea Weber
16728: Behavioral Economics Perspectives on Public Sector Pension Plans
John Beshears , James Jinwoo Choi , David Isaac Laibson and Brigitte C. Madrian
16727: Informational Rents, Macroeconomic Rents, and Efficient Bailouts
Thomas PHILIPPON and Philipp Schnabl
16726: Differences of Opinion and International Equity Markets
Bernard Dumas , Karen K. Lewis and Emilio Osambela
16725: Credit Spreads as Predictors of Real-Time Economic Activity: A Bayesian Model-Averaging Approach
Jon Faust , Simon Gilchrist , Jonathan H. Wright and Egon Zakrajsek
16724: Liquidity Mergers
Heitor Almeida , Murillo Campello and Dirk Hackbarth
16723: Selection in Insurance Markets: Theory and Empirics in Pictures
Liran Einav and Amy Finkelstein
16722: Non-Production Benefits of Education: Crime, Health, and Good Citizenship
Lance Lochner
16721: Mobile Money: The Economics of M-PESA
William Jack and Tavneet Suri
16720: Individual Rationality and Participation in Large Scale, Multi-Hospital Kidney Exchange
Itai Ashlagi and Alvin E. Roth
16719: Social Security and Retirement around the World: Historical Trends in Mortality and Health, Employment, and Disability Insurance Participation and Reforms - Introduction and Summary
Kevin Milligan and David Wise
16718: Fertility and the Plough
Alberto Alesina , Paola Giuliano and Nathan Nunn
16717: Trade Induced Technical Change? The Impact of Chinese Imports on Innovation, IT and Productivity
Nicholas Bloom , Mirko Draca and John Michael van Reenen
16716: Risk Response in Agriculture
Jeffrey Thomas LaFrance , Rulon Pope and Jesse B. Tack
16715: Is the Endowment Effect a Reference Effect?
Ori Heffetz and John List
16714: Forecasts in a Slightly Misspecified Finite Order VAR
Ulrich K. Müller and James H. Stock
16713: Assessing China's Top-Down Securities Markets
William T. Allen and Han Shen
16712: What Does Futures Market Interest Tell Us about the Macroeconomy and Asset Prices?
Harrison Hong and Motohiro Yogo
16711: The Equal Environments Assumption in the Post-Genomic Age: Using Misclassified Twins to Estimate Bias in Heritability Models
Dalton Conley and Emily Rauscher
16710: The Design of Performance Pay in Education
Derek Neal
16709: Supply and Effects of Specialty Crop Insurance
Ethan Ligon
16708: One-node Quadrature Beats Monte Carlo: A Generalized Stochastic Simulation Algorithm
Kenneth L. Judd , Lilia Maliar and Serguei Maliar
16707: Why Are Target Interest Rate Changes So Persistent?
Olivier Coibion and Yuriy Gorodnichenko
16706: Modeling Processor Market Power and the Incidence of Agricultural Policy: A Non-parametric Approach
Rachael Evadne Goodhue and Carlo Russo
16705: Implications of Population Aging for Economic Growth
David E. Bloom , David Canning and Günther Fink
16704: Determinants of Foreign Direct Investment
Bruce A. Blonigen and Jeremy M. Piger
16703: Six Distributional Effects of Environmental Policy
Don Fullerton
16702: White Suburbanization and African-American Home Ownership, 1940-1980
Leah Platt Boustan and Robert Andrew Margo
16701: Negative Equity Does Not Reduce Homeowners' Mobility
Sam Schulhofer-Wohl
16700: The Impact of Plant-level Resource Reallocations and Technical Progress on U.S. Macroeconomic Growth
Amil Petrin , T. Kirk White and Jerome P. Reiter
16699: How Agricultural Biotechnology Boosts Food Supply and Accomodates Biofuels
Steven Sexton and David Zilberman
16698: Decreasing Delinquency, Criminal Behavior, and Recidivism by Intervening on Psychological Factors Other than Cognitive Ability: A Review of the Intervention Literature
Patrick L. Hill , Brent W. Roberts , Jeffrey T. Grogger , Jonathan Guryan and Karen Sixkiller
16697: Meeting the Mandate for Biofuels: Implications for Land Use, Food and Fuel Prices
Xiaoguang Chen , Haixiao Huang , Madhu Khanna and Hayri Önal
16696: Heterogeneity and Risk Sharing in Village Economies
Pierre Chiappori , Krislert Samphantharak , Sam Schulhofer-Wohl and Robert M. Townsend
16695: Water Quality Violations and Avoidance Behavior: Evidence from Bottled Water Consumption
Joshua Graff Zivin , Matthew Neidell and Wolfram Schlenker
16694: Provincial and Local Governments in China: Fiscal Institutions and Government Behavior
Roger H. Gordon and Wei Li
16693: The Buck Stops Where? The Distribution of Agricultural Subsidies
Barry Kent Goodwin , Ashok K. Mishra and Francois Ortalo-Magne
16692: Investigating the Dynamic Effects of Counterfeits with a Random Changepoint Simultaneous Equation Model
Yi Qian and Hui Xie
16691: Matching Firms, Managers and Incentives
Oriana Bandiera , Andrea Prat , Luigi Guiso and Raffaella Sadun
16690: Does Decreased Access to Emergency Departments Affect Patient Outcomes? Analysis of AMI Population 1996-2005
Yu-Chu Shen and Renee Y. Hsia
16689: Partnership fragility and credit costs
Howard Bodenhorn
16688: Did Doubling Reserve Requirements Cause the Recession of 1937-1938? A Microeconomic Approach
Charles W. Calomiris , Joseph Mason and David C Wheelock
16687: Letting Down the Team? Evidence of Social Effects of Team Incentives
Philip Babcock , Kelly Bedard , Gary Charness , John Hartman and Heather North Royer
16686: Rebalancing and the Chinese VAT: Some Numerical Simulation Results
Chunding Li and John Whalley
16685: Foreclosures, House Prices, and the Real Economy
Atif Rehman Mian , Amir Sufi and Francesco Trebbi
16684: Consumer Spending and the Economic Stimulus Payments of 2008
Jonathan A. Parker , Nicholas S Souleles , David S. Johnson and Robert McClelland
16683: The Diffusion of Scientific Knowledge Across Time and Space: Evidence from Professional Transitions for the Superstars of Medicine
Pierre Azoulay , Joshua Graff Zivin and Bhaven N. Sampat
16682: A Dynamic Theory of Resource Wars
Daron Acemoglu , Michael Golosov , Aleh Tsyvinski and Pierre Yared
16681: Stochastic Growth in the United States and Euro Area
Peter N. Ireland
16680: Best Prices
Judith Ann Chevalier and Anil K Kashyap
16679: A New Control Function Approach for Non-Parametric Regressions with Endogenous Variables
Kyoo il Kim and Amil Petrin
16678: Economics, History, and Causation
Randall Morck and Bernard Yeung
16677: U.S. International Equity Investment and Past and Prospective Returns
Stephanie E. Curcuru , Charles P. Thomas , Francis E. Warnock and Jon Wongswan
16676: Globalization, Governance, and the Returns to Cross-Border Acquisitions
Jesse Ellis , Sara B. Moeller , Frederik P. Schlingemann and René M. Stulz
16675: The Drawdown of Personal Retirement Assets
James Poterba , Steven Venti and David Wise
16674: The Role of Currency Realignments in Eliminating the US and China Current Account Imbalances
Martin S. Feldstein
16673: Is Being in School Better? The Impact of School on Children's BMI When Starting Age is Endogenous
Patricia Mary Anderson , Kristin F. Butcher , Elizabeth U. Cascio and Diane Whitmore Schanzenbach
16672: Gravity Chains: Estimating Bilateral Trade Flows When Parts And Components Trade Is Important
Richard Baldwin and Daria Taglioni
16671: The War at Home: Effects of Vietnam-Era Military Service on Post-War Household Stability
Dalton Conley and Jennifer Heerwig
16670: Tax Competition and Migration: The Race-to-the-Bottom Hypothesis Revisited
Assaf Razin and Efraim Sadka
16669: Insurance Mandates and Mammography
Marianne P. Bitler and Christopher S. Carpenter
16668: International Happiness
David G. Blanchflower and Andrew J. Oswald
16667: Kosher Pork
Allan Drazen and Ethan Ilzetzki
16666: Trade and the Global Recession
Jonathan Eaton , Samuel Kortum , Brent Neiman and John Romalis
16665: Race and Home Ownership from the Civil War to the Present
William J. Collins and Robert Andrew Margo
16664: Long-run Impacts of School Desegregation & School Quality on Adult Attainments
Rucker C. Johnson
16663: Jockeying for Position: Strategic High School Choice Under Texas' Top Ten Percent Plan
Julie Berry Cullen , Mark C. Long and Randall Reback
16662: Trade and Labor Market Outcomes
Elhanan Helpman , Oleg Itskhoki and Stephen James Redding
16661: Fifteen Years On: Household Incomes in South Africa
Murray Leibbrandt and James Levinsohn