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NBER Working Papers
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11959: Dividend Taxes and Firm Valuation: New Evidence
Alan Auerbach and Kevin Allen Hassett
11958: Production Targets
Guillermo Caruana and Liran Einav
11957: Structural Estimation of Caloric Intake, Exercise, Smoking, and Obesity
Inas Rashad
11956: Nutrition Labels and Obesity
Jayachandran N. Variyam and John Cawley
11955: The Evolution of Top Incomes: A Historical and International Perspective
Thomas Piketty and Emmanuel Saez
11954: The Long Run Impact of Bombing Vietnam
Edward Andrew Miguel and Gérard Roland
11953: The Quiet Revolution that Transformed Women's Employment, Education, and Family
Claudia Goldin
11952: The Social Cost of Foreign Exchange Reserves
Dani Rodrik
11951: Health Insurance Take-up by the Near Elderly
Thomas Buchmueller and Sabina Ohri
11950: The Value of Stock Options to Non-Executive Employees
Kevin F. Hallock and Craig Olson
11949: Did Medicare Induce Pharmaceutical Innovation?
Daron Acemoglu , David M. Cutler , Amy Finkelstein and Joshua Linn
11948: Intangible Capital and Economic Growth
Carol A. Corrado , Charles R. Hulten and Daniel Sichel
11947: What's So Special about China's Exports?
Dani Rodrik
11946: Assessing the Sources of Changes in the Volatility of Real Growth
Stephen Cecchetti , Alfonso Flores-Lagunes and Stefan Krause
11945: A Tax-Based Estimate of the Elasticity of Intertemporal Substitution
Jonathan Gruber
11944: Innovation and Incentives: Evidence from Corporate R&D
Josh Lerner and Julie Wulf
11943: Life-Cycle Variation in the Association between Current and Lifetime Earnings
Steven J. Haider and Gary Solon
11942: Robust Optimal Policy in a Forward-Looking Model with Parameter and Shock Uncertainty
Marc P. Giannoni
11941: Estimating the Intertemporal Risk-Return Tradeoff Using the Implied Cost of Capital
Lubos Pastor , Meenakshi Sinha and Bhaskaran Swaminathan
11940: Modeling Inefficient Institutions
Daron Acemoglu
11939: Evaluating the Differential Effects of Alternative Welfare-to-Work Training Components: A Re-Analysis of the California GAIN Program
V. Joseph Hotz , Guido Imbens and Jacob A. Klerman
11938: Private Profits and Public Health: Does Advertising Smoking Cessation Products Encourage Smokers to Quit?
Rosemary Avery , Donald S. Kenkel , Dean R. Lillard and Alan Mathios
11937: Strategic Information Disclosure: The Case of Multi-Attribute Products with Heterogeneous Consumers
V. Joseph Hotz and Mo Xiao
11936: Teacher-Student Matching and the Assessment of Teacher Effectiveness
Charles T. Clotfelter , Helen F. Ladd and Jacob Vigdor
11935: Hyperbolic Discounting of Public Goods
W Kip Viscusi and Joel Huber
11934: Regulation of Health, Safety, and Environmental Risks
W Kip Viscusi
11933: Globalization and Developing Countries - A Shrinking Tax Base?
Joshua Aizenman and Yothin Jinjarak
11932: The Long-Term Effects of a Generous Income Support Program: Unemployment Insurance in New Brunswick and Maine, 1940-1991
Peter Joseph Kuhn and Chris Riddell
11931: Steam Power, Establishment Size, and Labor Productivity Growth in Nineteenth Century American Manufacturing
Jeremy Atack , Fred Bateman and Robert Andrew Margo
11930: Health Care, Technological Change, and Altruistic Consumption Externalities
Tomas J Philipson , Stéphane Mechoulan and Anupam Bapu Jena
11929: Macroeconomic Derivatives: An Initial Analysis of Market-Based Macro Forecasts, Uncertainty, and Risk
Refet S. Gürkaynak and Justin Wolfers
11928: Five Facts You Need to Know About Technology Diffusion
Diego Comin , Bart Hobijn and Emilie Rovito
11927: The Political Economy of "Truth-in-Advertising" Regulation During the Progressive Era
Zeynep Hansen and Marc T. Law
11926: Service Offshoring and Productivity: Evidence from the United States
Mary Amiti and Shang-Jin Wei
11925: Happiness and the Human Development Index: Australia is Not a Paradox
Andrew Keith Leigh and Justin Wolfers
11924: Female Socialization: How Daughters Affect Their Legislator Fathers' Voting on Women's Issues
Ebonya Washington
11923: The Economics of Climate Change
Lawrence H. Goulder and William A. Pizer
11922: Overconfidence, Subjective Perception and Pricing Behavior
Pierpaolo Benigno and Anastasios G. Karantounias
11921: The U.S. Current Account Deficit and the Expected Share of World Output
Charles Engel and John H. Rogers
11920: Early Decisions: A Regulatory Framework
John Beshears , James Jinwoo Choi , David Isaac Laibson and Brigitte C. Madrian
11919: Capitalizing Patriotism: The Liberty Loans of World War I
Sung Won Kang and Hugh Rockoff
11918: When to Start a Fight and When to Fight Back: Liability Disputes in the Workers' Compensation System
David E. Card and Brian McCall
11917: The Impact of Academic Patenting on the Rate, Quality, and Direction of (Public) Research Output
Pierre Azoulay , Waverly Ding and Toby Stuart
11916: Measuring the Value of a Statistical Life: Problems and Prospects
Orley Ashenfelter
11915: How Black Candidates Affect Voter Turnout
Ebonya Washington
11914: Financial Expertise of Directors
A. Burak Güner , Ulrike Malmendier and Geoffrey Tate
11913: On Overborrowing
Martín Uribe
11912: Financial Globalization, Corporate Governance, and Eastern Europe
René M. Stulz
11911: The Scots may be Brave but They are Neither Healthy Nor Happy
David Nevin Fraser Bell and David G. Blanchflower
11910: Sticking with Your Vote: Cognitive Dissonance and Voting
Sendhil Mullainathan and Ebonya Washington
11909: Neighborhoods and Academic Achievement: Results from the Moving to Opportunity Experiment
Lisa Sanbonmatsu , Jeffrey Richard Kling , Greg J. Duncan and Jeanne Brooks-Gunn
11908: Who Should Govern Congress? Access to Power and the Salary Grab of 1873
Lee J. Alston , Jeffery A. Jenkins and Tomas Nonnenmacher
11907: Executive Pensions
Lucian Bebchuk and Robert J. Jackson
11906: International Stock Return Comovements
Geert Bekaert , Robert James Hodrick and Xiaoyan Zhang
11905: What You Export Matters
Ricardo Hausmann , Jason Hwang and Dani Rodrik
11904: Remedying Education: Evidence from Two Randomized Experiments in India
Abhijit Banerjee , Shawn Cole , Esther Duflo and Leigh L. Linden
11903: CAPM Over the Long Run: 1926-2001
Andrew Ang and Joseph Chen
11902: The Myth of the Drinker's Bonus
Philip J Cook and Bethany Peters
11901: Why Doesn't Capital Flow from Rich to Poor Countries? An Empirical Investigation
Laura Alfaro , Sebnem Kalemli-Ozcan and Vadym Volosovych
11900: Markov Perfect Industry Dynamics with Many Firms
Gabriel Weintraub , C. Lanier Benkard and Ben Van Roy
11899: The Greatest Artists of the Twentieth Century
David Galenson
11898: Central Bank Communication and Policy Effectiveness
Michael Woodford
11897: The Role of Foreign Currency Debt in Financial Crises: 1880-1913 vs. 1972-1997
Michael David Bordo and Christopher M. Meissner
11896: Robustly Optimal Monetary Policy with Near Rational Expectations
Michael Woodford
11895: The Expanding Workweek? Understanding Trends in Long Work Hours Among U.S. Men, 1979-2004
Peter Joseph Kuhn and Fernando A. Lozano
11894: Internationalization and Stock Market Liquidity
Ross Levine and Sergio Luis Schmukler
11893: Psychiatric Disorders and Labor Market Outcomes: Evidence from the National Latino and Asian American Study
Pinka Chatterji , Margarita Alegria , Mingshan Lu and David Takeuchi
11892: What's Psychology Worth? A Field Experiment in the Consumer Credit Market
Marianne Bertrand , Dean Karlin , Sendhil Mullainathan , Eldar Shafir and Jonathan Zinman
11891: Is Financial Globalization Beneficial?
Frederic Mishkin
11890: Neckties in the Tropics: A Model of International Trade and Cultural Diversity
James E. Rauch and Vitor Trindade
11889: Life After Kyoto: Alternative Approaches to Global Warming
William D. Nordhaus
11888: Mismatch
Robert Shimer
11887: Measuring Aggregate Productivity Growth Using Plant-Level Data
Amil Petrin and James Levinsohn
11886: Firm Expansion and CEO Pay
Lucian Bebchuk and Yaniv Grinstein
11885: Contractual Versus Generic Outsourcing: The Role of Proximity
Robert C. Feenstra and Barbara Spencer
11884: Did Vasco da Gama Matter for European Markets? Testing Frederick Lane's Hypotheses Fifty Years Later
O'Rourke, Kevin H. and Jeffrey Gale Williamson
11883: The Law and Economics of Self-Dealing
Simeon Djankov , Rafael LaPorta , Florencio Lopez-de-Silanes and Andrei Shleifer
11882: Investor Sentiment and Corporate Finance: Micro and Macro
Owen A. Lamont and Jeremy C. Stein
11881: The Demand for Social Interaction
Henry Saffer
11880: Monitoring Works: Getting Teachers to Come to School
Esther Duflo and Rema Hanna
11879: Fast-Food Restaurant Advertising on Television and Its Influence on Childhood Obesity
Shin-Yi Chou , Inas Rashad and Michael Grossman
11878: The More Things Change, The More They Stay the Same: Trends in Long-term Employment in the United States, 1969-2002
Ann Huff Stevens
11877: Pensions for an Aging Population
Peter A. Diamond
11876: Technological Revolutions and Stock Prices
Lubos Pastor and Pietro Veronesi
11875: The Future of Drug Development: The Economics of Pharmacogenomics
John A. Vernon and W. Keener Hughen
11874: Generalizing the Taylor Principle
Troy Davig and Eric Leeper
11873: The Impact of Regulations on the Supply and Quality of Care in Child Care Markets
V. Joseph Hotz and Mo Xiao
11872: Games Parents and Adolescents Play: Risky Behaviors, Parental Reputation, and Strategic Transfers
Lingxin Hao , V. Joseph Hotz and Ginger Z. Jin
11871: The Economic Impact of AIDS Treatment: Labor Supply in Western Kenya
Harsha Thirumurthy , Joshua Graff-Zivin and Markus P. Goldstein
11870: The Response of Prices, Sales, and Output to Temporary Changes in Demand
Adam Matthew Copeland and George John Hall
11869: Are Countercyclical Fiscal Policies Counterproductive?
David B. Gordon and Eric Leeper
11868: The Net Asset Position of the U.S. National Government, 1784-1802: Hamilton's Blessing or the Spoils of War?
Farley Grubb
11867: Thinking Ahead: The Decision Problem
Patrick Bolton and Antoine Faure-Grimaud
11866: A Dual Policy Paradox: Why Have Trade and Immigration Policies Always Differed in Labor-Scarce Economies
Timothy James Hatton and Jeffrey Gale Williamson
11865: Confronting Divergent Interests in Cross-Country Regulatory Arrangements
Edward J. Kane
11864: Equilibrium Commodity Prices with Irreversible Investment and Non-Linear Technology
Jaime Casassus , Pierre Collin-Dufresne and Bryan R. Routledge
11863: The Perception and Valuation of the Risks of Climate Change: A Rational and Behavioral Blend
W Kip Viscusi and Richard J. Zeckhauser
11862: How Do Budget Deficits and Economic Growth Affect Reelection Prospects? Evidence from a Large Cross-Section of Countries
Adi Brender and Allan Drazen
11861: Can Standard Preferences Explain the Prices of out of the Money S&P 500 Put Options
Luca Benzoni , Pierre Collin-Dufresne and Robert S. Goldstein
11860: Can the European Community Afford to Neglect the Need for More Accountable Safety-Net Management?
Edward J. Kane