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NBER Working Papers
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14533: Assessing the Emerging Global Financial Architecture: Measuring the Trilemma's Configurations over Time
Joshua Aizenman , Menzie Chinn and Hiro Ito
14532: Bretton Woods and the Great Inflation
Michael David Bordo and Barry Julian Eichengreen
14531: Credit Constraints, Heterogeneous Firms, and International Trade
Kalina Manova
14530: Do Enterprise Zones Create Jobs? Evidence from California's Enterprise Zone Program
David Neumark and Jed Kolko
14529: Business Cycles in the Euro Area
Domenico Giannone , Michele Lenza and Lucrezia Reichlin
14528: Emerging Market Currency Excess Returns
Stephen Gilmore and Fumio Hayashi
14527: Dynamic Globalization and Its Potentially Alarming Prospects for Low-Wage Workers
Hans Fehr , Sabine Jokisch and Laurence J. Kotlikoff
14526: Dynamic Merger Review
Volker Nocke and Michael D. Whinston
14525: Impossible Frontiers
Thomas J. Brennan and Andrew W. Lo
14524: High Birth Weight and Cognitive Outcomes
Resul Cesur and Inas Rashad
14523: An Institutional Theory of Momentum and Reversal
Dimitri Vayanos and Paul Woolley
14522: Estimating Marginal Returns to Medical Care: Evidence from At-Risk Newborns
Douglas Almond , Joseph J. Doyle , Amanda Ellen Kowalski and Heidi L. Williams
14521: Financial Crash, Commodity Prices and Global Imbalances
Ricardo J. Caballero , Emmanuel Farhi and Pierre-Olivier Gourinchas
14520: The Unofficial Economy and Economic Development
Rafael La Porta and Andrei Shleifer
14519: Re-Evaluating Swedish Membership in EMU: Evidence from an Estimated Model
Ulf Söderström
14518: Did Mergers Help Japanese Mega-Banks Avoid Failure? Analysis of the Distance to Default of Banks
Kimie Harada and Takatoshi Ito
14517: Intermediary Asset Pricing
Zhiguo He and Arvind Krishnamurthy
14516: The Value of School Facilities: Evidence from a Dynamic Regression Discontinuity Design
Stephanie Riegg Cellini , Fernando V. Ferreira and Jesse Rothstein
14515: Physical Capital, Knowledge Capital and the Choice Between FDI and Outsourcing
Yongmin Chen , Ignatius J. Horstmann and James R. Markusen
14514: A Depressing Scenario: Mortgage Debt Becomes Unemployment Insurance
Casey Mulligan
14513: No Time to Lose? Time Constraints and Physical Activity
John Mullahy and Stephanie A. Robert
14512: Tobit at Fifty: A Brief History of Tobin's Remarkable Estimator, of Related Empirical Methods, and of Limited Dependent Variable Econometrics in Health Economics
Kohei Enami and John Mullahy
14511: Term Length and Political Performance
Ernesto Dal Bó and Martín A Rossi
14510: Monetary Policy Trade-Offs in an Estimated Open-Economy DSGE Model
Malin Adolfson , Stefan Laséen , Jesper Lindé and Lars E. O. Svensson
14509: An Exploration of the Japanese Slowdown during the 1990s
Diego Comin
14508: Self-Esteem, Moral Capital, and Wrongdoing
Ernesto Dal Bó and Marko Terviö
14507: Life Satisfaction and Quality of Development
John F. Helliwell
14506: The Strategic Timing Incentives of Commercial Radio Stations: An Empirical Analysis Using Multiple Equilibria
Andrew Sweeting
14505: Equilibrium Price Dynamics in Perishable Goods Markets: The Case of Secondary Markets for Major League Baseball Tickets
Andrew Sweeting
14504: Sacred Cars? Optimal Regulation of Stationary and Non-stationary Pollution Sources
Meredith Fowlie , Christopher R. Knittel and Catherine Wolfram
14503: Tracing the Woes: An Empirical Analysis of the Airline Industry
Steven Berry and Panle Jia
14502: On the Sorting of Physicians across Medical Occupations
Pascal Courty and Gerald Roger Marschke
14501: Contracts as Reference Points - Experimental Evidence
Ernst Fehr , Oliver D. Hart and Christian Zehnder
14500: Price Momentum In Stocks: Insights From Victorian Age Data
Benjamin Chabot , Eric Ghysels and Ravi Jagannathan
14499: Understanding PPPs and PPP-based national accounts
Angus S. Deaton and Alan Heston
14498: The Future of American Fertility
Samuel H. Preston and Caroline Sten Hartnett
14497: China and the Manufacturing Exports of Other Developing Countries
Gordon Hanson and Raymond Robertson
14496: Taxes on Tax-Exempt Bonds
Andrew Ang , Vineer Bhansali and Yuhang Xing
14495: Adjusting to Trade Policy: Evidence from U.S. Antidumping Duties on Vietnamese Catfish
Irene Brambilla , Guido Gustavo Porto and Alessandro Tarozzi
14494: Taxing Corporate Income
Alan Auerbach , Michael P. Devereux and Helen Simpson
14493: The Structure of Protection and Growth in the Late 19th Century
Sibylle H. Lehmann and O'Rourke, Kevin H.
14492: Understanding Crude Oil Prices
James Hamilton
14491: The Flattening Firm and Product Market Competition: The Effect of Trade Liberalization
Maria Guadalupe and Julie Wulf
14490: The Economic Consequences of the International Migration of Labor
Gordon Hanson
14489: How Central Bankers See It: The First Decade of ECB Policy and Beyond
Stephen Cecchetti and Kermit L. Schoenholtz
14488: Capital Structure and Debt Structure
Joshua D. Rauh and Amir Sufi
14487: Storable Votes and Agenda Order Control. Theory and Experiments
Alessandra Casella
14486: The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey
Renée Adams , Benjamin E. Hermalin and Michael Steven Weisbach
14485: Can You Recognize an Effective Teacher When You Recruit One?
Jonah E. Rockoff , Brian A. Jacob , Thomas J. Kane and Doug Staiger
14484: Luddites and the Demographic Transition
O'Rourke, Kevin H. , Ahmed S. Rahman and Alan M. Taylor
14483: Reality versus Propaganda in the Formation of Beliefs about Privatization
Rafael Di Tella , Sebastian Galiani and Ernesto Schargrodsky
14482: Child Health and Young Adult Outcomes
Janet Currie , Mark Stabile , Phongsack Manivong and Leslie L. Roos
14481: Globalization and innovation in emerging markets
Yuriy Gorodnichenko , Jan Svejnar and Katherine Terrell
14480: Self-Enforcing Stochastic Monitoring and the Separation of Debt and Equity Claims
Harold Linh Cole
14479: The Euro and Structural Reforms
Alberto Alesina , Silvia Ardagna and Vincenzo Galasso
14478: Inequality and Unemployment in a Global Economy
Elhanan Helpman , Oleg Itskhoki and Stephen James Redding
14477: Outsourcing when Investments are Specific and Complementary
Alla Lileeva and Johannes Van Biesebroeck
14476: Why the European Securities Market is Not Fully Integrated
Alberto Giovannini
14475: Peer Effects, Teacher Incentives, and the Impact of Tracking: Evidence from a Randomized Evaluation in Kenya
Esther Duflo , Pascaline Dupas and Michael Kremer
14474: Child Care Subsidies and Child Development
Chris M. Herbst and Erdal Tekin
14473: Carry Trades and Currency Crashes
Markus K. Brunnermeier , Stefan Nagel and Lasse Heje Pedersen
14472: Are Big Cities Bad Places to Live? Estimating Quality of Life across Metropolitan Areas
David Yves Albouy
14471: Mental Health Parity Legislation, Cost-Sharing and Substance Abuse Treatment Admissions
Dhaval M. Dave and Swati Mukerjee
14470: Are Mixed Neighborhoods Always Unstable? Two-Sided and One-Sided Tipping
David E. Card , Alexandre Mas and Jesse Rothstein
14469: Identification and Estimation of 'Irregular' Correlated Random Coefficient Models
Bryan S. Graham and James Powell
14468: The Political Economy of the U.S. Mortgage Default Crisis
Atif Rehman Mian , Amir Sufi and Francesco Trebbi
14467: The Experimental Approach to Development Economics
Abhijit V. Banerjee and Esther Duflo
14466: Effects of Welfare Reform on Educational Acquisition of Young Adult Women
Dhaval M. Dave , Nancy E. Reichman and Hope Corman
14465: What Happened To The Quants In August 2007?: Evidence from Factors and Transactions Data
Amir E. Khandani and Andrew W. Lo
14464: Risk Taking and Gender in Hierarchies
Suzanne Scotchmer
14463: An Arbitrage-Free Generalized Nelson-Siegel Term Structure Model
Jens H.E. Christensen , Francis X. Diebold and Glenn D. Rudebusch
14462: The Rise of Retirement Among African Americans: Wealth and Social Security Effects
Dora L. Costa
14461: Testing the Melitz Model of Trade: An Application to U.S. Motion Picture Exports
Gordon Hanson and Chong Xiang
14460: China's Participation in Global Environmental Negotiations
Huifang Tian and John Whalley
14459: The Skill Composition of Immigrants and the Generosity of the Welfare State: Free vs. Policy-Controlled Migration
Alon Cohen and Assaf Razin
14458: Measuring Labor Earnings Inequality using Public-Use March Current Population Survey Data: The Value of Including Variances and Cell Means When Imputing Topcoded Values
Richard V. Burkhauser , Shuaizhang Feng and Jeff Larrimore
14457: Fear of Rejection? Tiered Certification and Transparency
Emmanuel Farhi , Josh Lerner and Jean Tirole
14456: Paying the Piper: The High Cost of Funerals in South Africa
Anne Case , Anu Garrib , Alicia Menendez and Analia Olgiati
14455: Unhealthy Insurance Markets: Search Frictions and the Cost and Quality of Health Insurance
Randall D. Cebul , James B. Rebitzer , Lowell J. Taylor and Mark E. Votruba
14454: The Euro and Firm Restructuring
Matteo Bugamelli , Fabiano Schivardi and Roberta Zizza
14453: The US as the "Demander of Last Resort" and its Implications on China's Current Account
Joshua Aizenman and Yothin Jinjarak
14452: Income Dispersion and Counter-Cyclical Markups
Chris Edmond and Laura Veldkamp
14451: Using Elicited Choice Probabilities to Estimate Random Utility Models: Preferences for Electricity Reliability
Asher A. Blass , Saul Lach and Charles F. Manski
14450: How Do Gasoline Prices Affect Fleet Fuel Economy?
Shanjun Li , Roger Hans von Haefen and Christopher Timmins
14449: When Does Improving Health Raise GDP?
Quamrul Ashraf , Ashley Lester and David N. Weil
14448: Post-1500 Population Flows and the Long Run Determinants of Economic Growth and Inequality
Louis Putterman and David N. Weil
14447: Inferring Welfare Maximizing Treatment Assignment under Budget Constraints
Debopam Bhattacharya and Pascaline Dupas
14446: Market Responses to the Panic of 2008
Casey Mulligan and Luke Threinen
14445: Media Bias and Influence: Evidence from Newspaper Endorsements
Brian G. Knight and Chun-Fang Chiang
14444: Sudden Stops, Financial Crises and Leverage: A Fisherian Deflation of Tobin's Q
Enrique G. Mendoza
14443: What Makes Them Tick? Employee Motives and Firm Innovation
Henry Sauermann and Wesley M. Cohen
14442: Teacher Quality in Educational Production: Tracking, Decay, and Student Achievement
Jesse Rothstein
14441: Auction Design and Tacit Collusion in FCC Spectrum Auctions
Patrick Bajari and Jungwon Yeo
14440: Realization Utility
Nicholas C. Barberis and Wei Xiong
14439: Portfolio Substitution and the Revenue Cost of Exempting State and Local Government Interest Payments from Federal Income Tax
James Poterba and Arturo Ramirez Verdugo
14438: Is Poland at Risk of a Boom-and-Bust Cycle in the Run-Up to Euro Adoption?
Barry Julian Eichengreen and Katharina Steiner
14437: Real Exchange Rate Movements and the Relative Price of Non-traded Goods
Caroline Marie Betts and Timothy J. Kehoe
14436: Not-so-Classical Measurement Errors: A Validation Study of Homescan
Liran Einav , Ephraim Leibtag and Aviv Nevo
14435: Work Expectations, Realizations, and Depression in Older Workers
Tracy Ann Falba , William T. Gallo and Jody L. Sindelar
14434: Identification with Imperfect Instruments
Aviv Nevo and Adam Michael Rosen