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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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16357: Does Labor Supply Matter During a Recession? Evidence from the Seasonal Cycle Downloads
Casey Mulligan
16356: Financing Direct Democracy: Revisiting the Research on Campaign Spending and Citizen Initiatives Downloads
John M. de Figueiredo, Chang Ho Ji and Thad Kousser
16355: The Unexpected Long-Run Impact of the Minimum Wage: An Educational Cascade Downloads
Richard Sutch
16354: Multivariate Fractional Regression Estimation of Econometric Share Models Downloads
John Mullahy
16353: Fat Tails, Thin Tails, and Climate Change Policy Downloads
Robert Pindyck
16352: Beyond GDP? Welfare across Countries and Time Downloads
Charles Jones and Pete Klenow
16351: The Effects of Fiscal Stimulus: Evidence from the 2009 'Cash for Clunkers' Program Downloads
Atif Mian and Amir Sufi
16350: Did France Cause the Great Depression? Downloads
Douglas Irwin
16349: The New Economics of Equilibrium Sorting and its Transformational Role for Policy Evaluation Downloads
Nicolai Kuminoff, V. Smith and Christopher Timmins
16348: Risk Preferences Are Not Time Preferences: Discounted Expected Utility with a Disproportionate Preference for Certainty Downloads
James Andreoni and Charles Sprenger
16347: Estimating Time Preferences from Convex Budgets Downloads
James Andreoni and Charles Sprenger
16346: International Differences in Fiscal Policy During the Global Crisis Downloads
Agustín Bénétrix and Philip Lane
16345: U.S. Foreign-Exchange-Market Intervention during the Volcker-Greenspan Era Downloads
Michael Bordo, Owen Humpage and Anna Schwartz
16344: When, Where, and Why? Early Industrialization in the Poor Periphery 1870-1940 Downloads
Jeffrey Williamson
16343: Selective Trials: A Principal-Agent Approach to Randomized Controlled Experiments Downloads
Sylvain Chassang, Gerard Padro i Miquel and Erik Snowberg
16342: The Consumption Response to Seasonal Income: Evidence from Japanese Public Pension Benefits Downloads
Melvin Stephens and Takashi Unayama
16341: Scientific Productivity and Academic Promotion: A Study on French and Italian Physicists Downloads
Francesco Lissoni, Jacques Mairesse, Fabio Montobbio and Michele Pezzoni
16340: Must Love Kill the Family Firm? Downloads
Vikas Mehrotra, Randall Morck, Jungwook Shim and Yupana Wiwattanakantang
16339: Overcoming the common pool problem through voluntary cooperation: the rise and fall of a fishery cooperative Downloads
Robert T. Deacon, Dominic P. Parker and Christopher Costello
16338: Unitization of spatially connected renewable resources Downloads
Daniel Kaffine and Christopher J. Costello
16337: Two Monetary Tools: Interest Rates and Haircuts Downloads
Adam Ashcraft, Nicolae Gârleanu and Lasse Pedersen
16336: Cross-sectional Tobin's Q Downloads
Frederico Belo, Chen Xue and Lu Zhang
16335: The Effects of Stock Lending on Security Prices: An Experiment Downloads
Steven Kaplan, Tobias J. Moskowitz and Berk A. Sensoy
16334: After the Fall Downloads
Carmen Reinhart and Vincent Reinhart
16333: Paying to Learn: The Effect of Financial Incentives on Elementary School Test Scores Downloads
Eric Bettinger
16332: Assessing Inherent Model Bias: An Application to Native Displacement in Response to Immigration Downloads
Giovanni Peri and Chad Sparber
16331: The Idea Gap in Pink and Black Downloads
Lisa Cook and Chaleampong Kongcharoen
16330: Does Drinking Impair College Performance? Evidence from a Regression Discontinuity Approach Downloads
Scott Carrell, Mark Hoekstra and James West
16329: How Much Does Size Erode Mutual Fund Performance? A Regression Discontinuity Approach Downloads
Jonathan Reuter and Eric Zitzewitz
16328: The Importance of Being an Optimist: Evidence from Labor Markets Downloads
Ron Kaniel, Cade Massey and David Robinson
16327: Inferring Labor Income Risk from Economic Choices: An Indirect Inference Approach Downloads
Fatih Guvenen and Anthony Smith
16326: Firm Dynamics, Job Turnover, and Wage Distributions in an Open Economy Downloads
A. Kerem Coşar, Nezih Guner and James Tybout
16325: Competition and the Ratchet Effect Downloads
Gary Charness, Peter Kuhn and Marie Claire Villeval
16324: Institutional Path Dependence in Climate Adaptation: Coman's "Some Unsettled Problems of Irrigation" Downloads
Gary Libecap
16323: The role of patent protection in (clean/green) technology transfer Downloads
Bronwyn Hall and Christian Helmers
16322: Trade, Poverty and the Lagging Regions of South Asia Downloads
Pravin Krishna, Devashish Mitra and Asha Sundaram
16321: Bundling Among Rivals: A Case of Pharmaceutical Cocktails Downloads
Claudio Lucarelli, Sean Nicholson and Minjae Song
16320: Economic Conditions and the Quality of Suicide Terrorism Downloads
Efraim Benmelech, Claude Berrebi and Esteban Klor
16319: The Nature of Excess: Using Randomized Treatments to Investigate Price Dynamics Downloads
Omar Al-Ubaydli, John List and Michael Price
16318: Analyzing the Welfare Impacts of Full-line Forcing Contracts Downloads
Justin Ho, Katherine Ho and Julie Mortimer
16317: The Value of Luminosity Data as a Proxy for Economic Statistics Downloads
Xi Chen and William Nordhaus
16316: Why Do Household Portfolio Shares Rise in Wealth? Downloads
Jessica Wachter and Motohiro Yogo
16315: Competitive Equilibrium in Markets for Votes Downloads
Alessandra Casella, Aniol Llorente-Saguer and Thomas Palfrey
16314: Portage: Path Dependence and Increasing Returns in U.S. History Downloads
Hoyt Bleakley and Jeffrey Lin
16313: Firm Entry, Trade, and Welfare in Zipf's World Downloads
Julian di Giovanni and Andrei Levchenko
16312: Broker Incentives and Mutual Fund Market Segmentation Downloads
Diane Del Guercio, Jonathan Reuter and Paula Tkac
16311: Measuring the Output Responses to Fiscal Policy Downloads
Alan Auerbach and Yuriy Gorodnichenko
16310: Financial Policies and the Financial Crisis: How Important Was the Systemic Credit Contraction for Industrial Corporations? Downloads
Kathleen M. Kahle and René Stulz
16309: Liquidity Management and Corporate Investment During a Financial Crisis Downloads
Murillo Campello, Erasmo Giambona, John R. Graham and Campbell Harvey
16308: Is Agricultural Production Becoming More or Less Sensitive to Extreme Heat? Evidence from U.S. Corn and Soybean Yields Downloads
Michael Roberts and Wolfram Schlenker
16307: Updating the Allocation of Greenhouse Gas Emissions Permits in a Federal Cap-and-Trade Program Downloads
Meredith Fowlie
16306: An Economic Model of Amniocentesis Choice Downloads
Eduardo Fajnzylber, V. Joseph Hotz and Seth G. Sanders
16305: The Economics of Carbon Offsets Downloads
James Bushnell
16304: Solving the Multi-Country Real Business Cycle Model Using Ergodic Set Methods Downloads
Serguei Maliar, Lilia Maliar and Kenneth Judd
16303: Regulatory Choice with Pollution and Innovation Downloads
Charles Kolstad
16302: Are Options on Index Futures Profitable for Risk Averse Investors? Empirical Evidence Downloads
George Constantinides, Michal Czerwonko, Jens Jackwerth and Stylianos Perrakis
16301: Specialization: Pro- and Anti-globalizing, 1990-2002 Downloads
James Anderson and Yoto Yotov
16300: Who Creates Jobs? Small vs. Large vs. Young Downloads
John Haltiwanger, Ron Jarmin and Javier Miranda
16299: Income Inequality and Local Government in the United States, 1970-2000 Downloads
Leah Boustan, Fernando Ferreira, Hernan Winkler and Eric Zolt
16298: Short-Run Subsidies and Long-Run Adoption of New Health Products: Evidence from a Field Experiment Downloads
Pascaline Dupas
16297: Pricing and Reimbursement in U.S. Pharmaceutical Markets Downloads
Ernst R. Berndt and Joseph Newhouse
16296: Giving Mom a Break: The Impact of Higher EITC Payments on Maternal Health Downloads
William Evans and Craig L. Garthwaite
16295: Are National Patent Laws the Blossoming Rain? Downloads
Yi Qian
16294: Does Ethnicity Pay Downloads
Yasheng Huang, Li Jin and Yi Qian
16293: Variation in Educational Outcomes and Policies across Countries and of Schools within Countries Downloads
Richard Freeman, Stephen Machin and Martina Viarengo
16292: To Join or Not to Join? Factors Influencing Employee Share Plan Membership in a Multinational Corporation Downloads
Alex Bryson and Richard Freeman
16291: Fraternity Membership & Frequent Drinking Downloads
Jeffrey DeSimone
16290: Optimal Price Indices for Targeting Inflation Under Incomplete Markets Downloads
Rahul Anand and Eswar Prasad
16289: Empirical Evidence on the Aggregate Effects of Anticipated and Unanticipated U.S. Tax Policy Shocks Downloads
Karel Mertens and Morten Ravn
16288: From Beijing to Bentonville: Do Multinational Retailers Link Markets? Downloads
Keith Head, Ran Jing and Deborah Swenson
16287: Cigarette Excise Taxation: The Impact of Tax Structure on Prices, Revenues, and Cigarette Smoking Downloads
Frank Chaloupka, Richard Peck, John Tauras, Xin Xu and Ayda Yurekli
16286: Industry Dynamics: Foundations For Models with an Infinite Number of Firms Downloads
Gabriel Y. Weintraub, C. Lanier Benkard and Benjamin Van Roy
16285: Comparative Statics in Markets for Indivisible Goods Downloads
Andrew Caplin and John Leahy
16284: A Graph Theoretic Approach to Markets for Indivisible Goods Downloads
Andrew Caplin and John Leahy
16283: A State-Dependent Model of Intermediate Goods Pricing Downloads
Brent Neiman
16282: The Market for Borrowing Corporate Bonds Downloads
Paul Asquith, Andrea S. Au, Thomas R. Covert and Parag Pathak
16281: Putting the Co in Education: Timing, Reasons, and Consequences of College Coeducation from 1835 to the Present Downloads
Claudia Goldin and Lawrence Katz
16280: The Insurance Value of State Tax-and-Transfer Programs Downloads
Hilary Hoynes and Erzo Luttmer
16279: Do Social Connections Reduce Moral Hazard? Evidence from the New York City Taxi Industry Downloads
C. Kirabo Jackson and Henry Schneider
16278: Inside the Refrigerator: Immigration Enforcement and Chilling Effects in Medicaid Participation Downloads
Tara Watson
16277: Does Culture Matter? Downloads
Raquel Fernandez
16276: Protection Reduction and Diversion: PTAs and the Incidence of Antidumping Disputes Downloads
Thomas Prusa and Robert Teh
16275: Automatic Stabilizers and Economic Crisis: US vs. Europe Downloads
Mathias Dolls, Clemens Fuest and Andreas Peichl
16274: The Economic History of the American Economic Review: A Century's Explosion of Economics Research Downloads
Robert Margo
16273: Foreign Affiliate Sales and Trade in Both Goods and Services Downloads
Chunding Li, John Whalley and Yan Chen
16272: The Capital Structure Decisions of New Firms Downloads
Alicia M. Robb and David Robinson
16271: What Does Financial Literacy Training Teach Us? Downloads
Bruce Ian Carlin and David Robinson
16270: A Semiparametric Approach for Analyzing Nonignorable Missing Data Downloads
Hui Xie, Yi Qian and Leming Qu
16269: International Aspects of the Great Depression and the Crisis of 2007: Similarities, Differences, and Lessons Downloads
Richard Grossman and Christopher Meissner
16268: Taxes, Permits, and Climate Change Downloads
Louis Kaplow
16267: The Evolution of Brand Preferences: Evidence from Consumer Migration Downloads
Bart Bronnenberg, Jean-Pierre H. Dube and Matthew Gentzkow
16266: Immigration: America's nineteenth century "law and order problem"? Downloads
Howard Bodenhorn, Carolyn Moehling and Anne Piehl
16265: The Establishment-Level Behavior of Vacancies and Hiring Downloads
Steven Davis, Jason Faberman and John Haltiwanger
16264: Globalization, the Business Cycle, and Macroeconomic Monitoring Downloads
S. Boragan Aruoba, Francis Diebold, Ayhan Kose and Marco Terrones
16263: Predictive Regressions: A Present-value Approach Downloads
Jules van Binsbergen and Ralph Koijen
16262: What Goods Do Countries Trade? A Quantitative Exploration of Ricardo's Ideas Downloads
Arnaud Costinot, Dave Donaldson and Ivana Komunjer
16261: Has the European Union Achieved a Single Pharmaceutical Market? Downloads
Aysegul Timur, Gabriel Picone and Jeffrey DeSimone
16260: Exchange Market Pressure and Absorption by International Reserves: Emerging Markets and Fear of Reserve Loss During the 2008-09 Crisis Downloads
Joshua Aizenman and Michael Hutchison
16259: The Dynamic Effects of Currency Union on Trade Downloads
Paul Bergin and Ching-Yi Lin
16258: Public Monopoly and Economic Efficiency: Evidence from the Pennsylvania Liquor Control Board's Entry Decisions Downloads
Katja Seim and Joel Waldfogel
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