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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.. Contact information at EDIRC . Series data maintained by ().
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13259: Central Bank Communication and Expectations Stabilization
Stefano Eusepi and Bruce Preston
13258: French Wine and the U.S. Boycott of 2003: Does Politics Really Affect Commerce?
Orley Ashenfelter , Stephen M. Ciccarella and Howard J. Shatz
13257: Does the Minimum Legal Drinking Age Save Lives?
Jeffrey A Miron and Elina Tetelbaum
13256: US Faculty Patenting: Inside and Outside the University
Jerry Thursby , Anne Fuller and Marie Thursby
13255: Defining Price Stability in Japan: A View from America
Christian Broda and David Weinstein
13254: Optimal Monetary Policy in a 'Sudden Stop'
Fabio Braggion , Lawrence J. Christiano and Jorge Roldos
13253: The Organizational Implications of Creativity: The US Film Industry in Mid-XXth Century
Ricard Gil and Pablo T. Spiller
13252: Does Pollution Increase School Absences?
Janet Currie , Eric A. Hanushek , E. Megan Kahn , Matthew Neidell and Steven G. Rivkin
13251: Agency Conflicts, Investment, and Asset Pricing
Rui Albuquerque and Neng Wang
13250: Investment, Consumption, and Hedging under Incomplete Markets
Jianjun Miao and Neng Wang
13249: The Fundamentals of Commodity Futures Returns
Gary Gorton , Fumio Hayashi and K. Geert Rouwenhorst
13248: The Effect of Taxes on Royalties and the Migration of Intangible Assets Abroad
John H. Mutti and Harry Grubert
13247: Can Higher Prices Stimulate Product Use? Evidence from a Field Experiment in Zambia
Nava Ashraf , James Berry and Jesse Shapiro
13246: What Do Nonprofits Maximize? Nonprofit Hospital Service Provision and Market Ownership Mix
Jill R. Horwitz and Austin Nichols
13245: Arbitrage-Free Bond Pricing with Dynamic Macroeconomic Models
Michael F. Gallmeyer , Burton Hollifield , Francisco Palomino and Stanley E. Zin
13244: Net Worth, Exchange Rates, and Monetary Policy: The Effects of a Devaluation in a Financially Fragile Environment
Domenico Delli Gatti , Mauro Gallegati , Bruce C. Greenwald and Joseph E. Stiglitz
13243: Giffen Behavior: Theory and Evidence
Robert T. Jensen and Nolan H. Miller
13242: Labor Market Institutions Around the World
Richard B. Freeman
13241: Trade and Capital Flows: A Financial Frictions Perspective
Pol Antras and Ricardo J. Caballero
13240: Risk Shifting versus Risk Management: Investment Policy in Corporate Pension Plans
Joshua Rauh
13239: Explaining Product Price Differences Across Countries
Robert E. Lipsey and Birgitta Swedenborg
13238: Endogenous Decentralization in Federal Environmental Policies
Howard Chang , Hilary A. Sigman and Leah G. Traub
13237: Older and Wiser? Birth Order and IQ of Young Men
Sandra E. Black , Paul J. Devereux and Kjell G Salvanes
13236: A Unified Framework for Measuring Preferences for Schools and Neighborhoods
Patrick Bayer , Fernando V. Ferreira and Robert McMillan
13235: How Does Outsourcing Affect Performance Dynamics? Evidence from the Automobile Industry
Sharon Novak and Scott Stern
13234: The Impact of Uncertain Intellectual Property Rights on the Market For Ideas: Evidence From Patent Grant Delays
Joshua Gans , David H. Hsu and Scott Stern
13233: The Same Yet Different: Worker Reports on Labour Practices and Outcomes in a Single Firm Across Countries
Richard B. Freeman , Douglas Kruse and Joseph Blasi
13232: Complementarity Among Vertical Integration Decisions: Evidence from Automobile Product Development
Sharon Novak and Scott Stern
13231: Comparative Advantage in Cyclical Unemployment
Mark Joseph Bils , Yongsung Chang and Sun-Bin Kim
13230: Employment Law and the Labor Market
Christine Jolls
13229: Why are Immigrants' Incarceration Rates so Low? Evidence on Selective Immigration, Deterrence, and Deportation
Kristin F. Butcher and Anne Morrison Piehl
13228: The Welfare Cost of Asymmetric Information: Evidence from the U.K. Annuity Market
Liran Einav , Amy Finkelstein and Paul Schrimpf
13227: Extreme Weather Events, Mortality and Migration
Olivier Deschenes and Enrico Moretti
13226: Measuring the Dynamics of Young and Small Businesses: Integrating the Employer and Nonemployer Universes
Steven J. Davis , John Haltiwanger , Ron S. Jarmin , C.J. Krizan , Javier Miranda , Alfred Nucci and Kristin Sandusky
13225: Deferred Acceptance Algorithms: History, Theory, Practice, and Open Questions
Alvin E. Roth
13224: Sources of Lifetime Inequality
Mark Huggett , Gustavo Jaime Ventura and Amir Yaron
13223: After Johnny Came Marching Home: The Political Economy of Veterans' Benefits in the Nineteenth Century
Sung Won Kang and Hugh Rockoff
13222: Trade Growth under the African Growth and Opportunity Act
Garth Frazer and Johannes Van Biesebroeck
13221: Does Age Structure Forecast Economic Growth?
David Bloom , David Canning , Günther Fink and Jocelyn E. Finlay
13220: Risk Based Explanations of the Equity Premium
John Donaldson and Rajnish Mehra
13219: What Determines Giving to Hurricane Katrina Victims? Experimental Evidence on Income, Race, and Fairness
Christina M. Fong and Erzo F.P. Luttmer
13218: Governance, Issuance Restrictions, And Competition In Payment Card Networks
Robert S. Pindyck
13217: Mental Health in Childhood and Human Capital
Janet Currie and Mark Stabile
13216: Optimal Reserve Management and Sovereign Debt
Laura Alfaro and Fabio Kanczuk
13215: The Guy at the Controls: Labor Quality and Power Plant Efficiency
James Bushnell and Catherine Wolfram
13214: Zeros, Quality and Space: Trade Theory and Trade Evidence
Richard Baldwin and James Harrigan
13213: The New Market for Federal Judicial Law Clerks
Christopher N. Avery , Christine Jolls , Richard Posner and Alvin E. Roth
13212: Dynamics of Union Organizations: A Look at Gross Flows in the LORS Files
Thomas J. Holmes and Michael Walrath
13211: Should We Drill in the Arctic National Wildlife Refuge? An Economic Perspective
Matthew Jason Kotchen and Nicholas Burger
13210: Wage Structure and Labor Mobility in the Netherlands 1999-2003
Lex Borghans and Ben Kriechel
13209: Aggregate Implications of Credit Market Imperfections
Kiminori Matsuyama
13208: Economic and Political Inequality in Development: The Case of Cundinamarca, Colombia
Daron Acemoglu , María Angélica Bautista , Pablo Querubin and James Alan Robinson
13207: Banking and Interest Rates in Monetary Policy Analysis: A Quantitative Exploration
Marvin Goodfriend and Bennett McCallum
13206: Racial Discrimination Among NBA Referees
Joseph Price and Justin Wolfers
13205: Random Walk Expectations and the Forward Discount Puzzle
Philippe Bacchetta and Eric van Wincoop
13204: Liquidity and Trading Dynamics
Veronica Guerrieri and Guido Lorenzoni
13203: Offshoring in a Ricardian World
Andres Rodriguez-Clare
13202: Managerial Ownership Dynamics and Firm Value
Rüdiger Fahlenbrach and René M. Stulz
13201: Information Diffusion Effects in Individual Investors' Common Stock Purchases Covet Thy Neighbors' Investment Choices
Zoran Ivkovich and Scott Weisbenner
13200: Government Investment and the European Stability and Growth Pact
Marco Bassetto and Vadym Lepetyuk
13199: Monetary Policy and Business Cycles with Endogenous Entry and Product Variety
Florin O. Bilbiie , Fabio Ghironi and Marc J. Melitz
13198: Spin-offs and the Market for Ideas
Satyajit Chatterjee and Esteban Rossi-Hansberg
13197: The Two Crises of International Economics
Michael Dooley , Peter M. Garber and David Folkerts-Landau
13196: Long-Run Risks and Financial Markets
Ravi Bansal
13195: The Economics, Technology and Neuroscience of Human Capability Formation
James J. Heckman
13194: Latin America's Access to International Capital Markets: Good Behavior or Global Liquidity?
Ana Fostel and Graciela Laura Kaminsky
13193: School Desegregation and Educational Attainment for Blacks
Sarah J. Reber
13192: From Separate and Unequal to Integrated and Equal? School Desegregation and School Finance in Louisiana
Sarah J. Reber
13191: The Age of Reason: Financial Decisions Over the Lifecycle
Sumit Agarwal , John C. Driscoll , Xavier Gabaix and David Isaac Laibson
13190: Wisdom and Creativity in Old Age: Lessons from the Impressionists
David W. Galenson
13189: Investor Sentiment in the Stock Market
Malcolm Baker and Jeffrey Wurgler
13188: Maternal employment, breastfeeding, and health: Evidence from maternity leave mandates
Michael Baker and Kevin Milligan
13187: An Analysis of the Performance of Federal Indigent Defense Counsel
Radha Iyengar
13186: Does the Certainty of Arrest Reduce Domestic Violence? Evidence from Mandatory and Recommended Arrest laws
Radha Iyengar
13185: Demographic Change, Relative Factor Prices, International Capital Flows, and Their Differential Effects on the Welfare of Generations
Alexander Ludwig , Dirk Krueger and Axel H. Boersch-Supan
13184: Capitalism and Democracy in 2040: Forecasts and Speculations
Robert William Fogel
13183: A Structural Approach to Identifying the Sources of Local-Currency Price Stability
Pinelopi Koujianou Goldberg and Rebecca Hellerstein
13182: A Professor Like Me: The Influence of Instructor Gender on College Achievement
Florian Hoffman and Philip Oreopoulos
13181: Current and Future Prevalence of Obesity and Severe Obesity in the United States
Christopher Ruhm
13180: Democracy, Technology, and Growth
Philippe Aghion , Alberto Alesina and Francesco Trebbi
13179: Gender Roles and Technological Progress
Stefania Albanesi and Claudia Olivetti
13178: Climate Change, Mortality, and Adaptation: Evidence from Annual Fluctuations in Weather in the US
Olivier Deschenes and Michael Greenstone
13177: Interest Rate Rules, Inflation Stabilization, and Imperfect Credibility: The Small Open Economy Case
Guillermo A. Calvo
13176: Assessment of U.S. Cap-and-Trade Proposals
Sergey Paltsev , John Matthew Reilly , Henry D. Jacoby , Angelo C. Gurgel , Gilbert Metcalf , Andrei P. Sokolov and Jennifer F. Holak
13175: Diffusion of Common Application Membership and Admissions Outcomes at American Colleges and Universities
Albert Yung-Hsu Liu , Ronald G. Ehrenberg and Jesenka Mrdjenovic
13174: Investment and the Cost of Capital: New Evidence from the Corporate Bond Market
Simon Gilchrist and Egon Zakrajsek
13173: Portfolio Choices with Near Rational Agents: A Solution of Some International-Finance Puzzles
Pierpaolo Benigno
13172: Information, Technology and Information Worker Productivity: Task Level Evidence
Sinan Aral , Erik Brynjolfsson and Marshall Van Alstyne
13171: Business Groups and the Big Push: Meiji Japan's Mass Privatization and Subsequent Growth
Randall Morck and Masao Nakamura
13170: Development Through Synergistic Reform
James E. Rauch
13169: Individual Account Investment Options and Portfolio Choice: Behavioral Lessons from 401(k) Plans
Jeffrey Robert Brown , Nellie Liang and Scott Weisbenner
13168: Neighbors Matter: Causal Community Effects and Stock Market Participation
Jeffrey Robert Brown , Zoran Ivkovich , Paul A. Smith and Scott Weisbenner
13167: Why Has Unemployment Risen in the New South Africa
Abhijit Banerjee , Sebastian Galiani , James Levinsohn , Zoë M. McLaren and Ingrid Woolard
13166: How Structural Are Structural Parameters?
Jesus Fernandez-Villaverde and Juan F Rubio-Ramirez
13165: Predictable Returns and Asset Allocation: Should a Skeptical Investor Time the Market?
Jessica A. Wachter and Missaka Warusawitharana
13164: Why Doesn't Capitalism Flow to Poor Countries?
Rafael Di Tella and Robert Jack MacCulloch
13163: Choosing Agents and Monitoring Consumption: A Note on Wealth as a Corruption-Controlling Device
Rafael Di Tella and Federico Weinschelbaum
13162: Women, Wealth and Mobility
Lena Edlund and Wojciech Kopczuk
13161: Spatial Mismatch or Racial Mismatch?
Judith K. Hellerstein , David Neumark and Melissa McInerney
13160: Estate Taxation, Entrepreneurship, and Wealth
Marco Cagetti and Mariacristina De Nardi