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NBER Working Papers
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11859: The Generational Divide in Support for Environmental Policies: European Evidence
Joni Hersch and W Kip Viscusi
11858: Simulating the Dynamic Macroeconomic and Microeconomic Effects of the FairTax
Sabine Jokisch and Laurence J. Kotlikoff
11857: Myths and Realities of American Political Geography
Edward Ludwig Glaeser and Bryce A. Ward
11856: Monetary Policy in a Changing International Environment: The Role of Global Capital Flows
Martin S. Feldstein
11855: The Impact of Provider Choice on Workers' Compensation Costs and Outcomes
David Neumark , Peter S. Barth and Richard Victor
11854: Optimal Inflation Stabilization in a Medium-Scale Macroeconomic Model
Stephanie Schmitt-Grohé and Martín Uribe
11853: Three Current Account Balances: A "Semi-Structuralist" Interpretation
Menzie Chinn and Jaewoo Lee
11852: Platform Owner Entry and Innovation in Complementary Markets: Evidence from Intel
Annabelle Gawer and Rebecca M. Henderson
11851: Limits of Arbitrage: Theory and Evidence from the Mortgage-Backed Securities Market
Xavier Gabaix , Arvind Krishnamurthy and Olivier Vigneron
11850: Aging, Pension Reform, and Capital Flows: A Multi-Country Simulation Model
Axel Boersch-Supan , Alexander Ludwig and Joachim Klaus Winter
11849: Inertia and Incentives: Bridging Organizational Economics and Organizational Theory
Rebecca M. Henderson and Sarah Kaplan
11848: Search Profiling with Partial Knowledge of Deterrence
Charles F. Manski
11847: Competition in Large Markets
Jeffrey R. Campbell
11846: Improving the Performance of the Education Sector: The Valuable, Challenging, and Limited Role of Random Assignment Evaluations
Richard J. Murnane and Richard R. Nelson
11845: Equilibrium Bias of Technology
Daron Acemoglu
11844: How Changes in Entry Requirements Alter the Teacher Workforce and Affect Student Achievement
Donald Boyd , Pamela Grossman , Hamilton Lankford , Susanna Loeb and James Wyckoff
11843: Demand-Based Option Pricing
Nicolae Garleanu , Lasse Heje Pedersen and Allen M. Poteshman
11842: Where Did the Productivity Growth Go? Inflation Dynamics and the Distribution of Income
Ian Louis Dew-Becker and Robert J. Gordon
11841: The Myth of Long-Horizon Predictability
Jacob Boudoukh , Matthew Richardson and Robert Whitelaw
11840: The Information in Long-Maturity Forward Rates: Implications for Exchange Rates and the Forward Premium Anomaly
Jacob Boudoukh , Matthew Richardson and Robert Whitelaw
11839: Firm Fragmentation and Urban Patterns
Esteban Rossi-Hansberg , Pierre Daniel Sarte and Raymond Owens
11838: Persuasion in Finance
Sendhil Mullainathan and Andrei Shleifer
11837: The Cost of Caring for Young Children
Dan T. Rosenbaum and Christopher Ruhm
11836: Rising Family Income Inequality in the United States, 1968-2000: Impacts of Changing Labor Supply, Wages, and Family Structure
Chulhee Lee
11835: New Evidence on the Causal Link Between the Quantity and Quality of Children
Joshua D Angrist , Victor Chaim Lavy and Analia Schlosser
11834: Financial System Risk and Flight to Quality
Ricardo J. Caballero and Arvind Krishnamurthy
11833: Who's Going Broke? Comparing Growth in Healthcare Costs in Ten OECD Countries
Christian Hagist and Laurence J. Kotlikoff
11832: Universal Childcare, Maternal Labor Supply, and Family Well-Being
Michael Baker , Jonathan Gruber and Kevin Milligan
11831: Comparing Average and Marginal Tax Rates Under the FairTax and the Current System of Federal Taxation
Laurence J. Kotlikoff and David S. Rapson
11830: Do Capital Adequacy Requirements Matter for Monetary Policy?
Stephen Cecchetti and Lianfi Li
11829: The Effect of Firm-Level Contracts on the Structure of Wages: Evidence from Matched Employer-Employee Data
David E. Card and Sara De La Rica
11828: Trade in Ideal Varieties: Theory and Evidence
David L. Hummels and Volodymyr Lugovskyy
11827: Modeling the Offshoring of White-Collar Services: From Comparative Advantage to the New Theories of Trade and FDI
James R. Markusen
11826: Efficiency and Welfare with Complementarities and Asymmetric Information
George-Marios Angeletos and Alessandro Pavan
11825: Surviving Andersonville: The Benefits of Social Networks in POW Camps
Dora L. Costa and Matthew Kahn
11824: Downside Risk
Andrew Ang , Joseph Chen and Yuhang Xing
11823: Current Account Deficits in Industrial Countries: The Bigger They are, the Harder They Fall?
Caroline Freund and Frank Warnock
11822: Insurer-Provider Networks in the Medical Care Market
Kate Ho
11821: Towards a Theory of Firm Entry and Stabilization Policy
Paul Bergin and Giancarlo Corsetti
11820: Inattentive Producers
Ricardo Reis
11819: The Welfare Effects of Restricted Hospital Choice in the US Medical Care Market
Kate Ho
11818: Medical Expenditure Risk and Household Portfolio Choice
Dana Goldman and Nicole Maestas
11817: Salary or Benefits?
Paul Oyer
11816: Cash-Flow Risk, Discount Risk, and the Value Premium
Tano Santos and Pietro Veronesi
11815: Optimal Monetary and Fiscal Policy in a Currency Union
Jordi Gali and Tommaso Monacelli
11814: How Big a Problem is Too Big to Fail?
Frederic Mishkin
11813: Racial Sorting and Neighborhood Quality
Patrick Bayer and Robert McMillan
11812: How Much is Too Much? The Influence of Preschool Centers on Children's Social and Cognitive Development
Susanna Loeb , Margaret Bridges , Bruce Fuller , Russ Rumberger and Daphna Bassok
11811: Aching to Retire? The Rise in the Full Retirement Age and its Impact on the Disability Rolls
Mark Duggan , Perry Douglas Singleton and Jae Song
11810: Who Benefits from New Medical Technologies? Estimates of Consumer and Producer Surpluses for HIV/AIDS Drugs
Tomas J Philipson and Anupam Bapu Jena
11809: Consumer Benefits from Increased Competition in Shopping Outlets: Measuring the Effect of Wal-Mart
Jerry Hausman and Ephraim Leibtag
11808: Searching for Better Prospects: Endogenizing Falling Job Tenure and Private Pension Coverage
Leora Friedberg , Michael T. Owyang and Tara M. Sinclair
11807: Well-Being, Social Capital and Public Policy: What's New?
John F. Helliwell
11806: Real Wage Rigidities and the New Keynesian Model
Olivier Blanchard and Jordi Gali
11805: Parental Preferences and School Competition: Evidence from a Public School Choice Program
Justine S. Hastings , Thomas J. Kane and Doug Staiger
11804: Market Structure, Outgrower contracs and Farm Output. Evidence from Cotton Reforms in Zambia
Irene Brambilla and Guido Gustavo Porto
11803: What Can Rational Investors Do About Excessive Volatility and Sentiment Fluctuations?
Bernard Dumas , Alexander Kurshev and Raman Uppal
11802: Choice and Competition in Local Education Markets
Patrick Bayer and Robert McMillan
11801: Information Technology and the Japanese Economy
Dale Jorgenson and Kazuyuki Motohashi
11800: The Industry Origins of Japanese Economic Growth
Dale Jorgenson and Koji Nomura
11799: Creative Careers: The Life Cycles of Nobel Laureates in Economics
Bruce A. Weinberg and David W. Galenson
11798: Foreign Subsidization and Excess Capacity
Bruce A. Blonigen and Wesley W. Wilson
11797: Motivations for Public Equity Offers: An International Perspective
Woojin Kim and Michael Steven Weisbach
11796: From the Cradle to the Labor Market? The Effect of Birth Weight on Adult Outcomes
Sandra E. Black , Paul J. Devereux and Kjell G Salvanes
11795: Stuck on Gold: Real Exchange Rate Volatility and the Rise and Fall of the Gold Standard
Natalia Chernyshoff , David S. Jacks and Alan M. Taylor
11794: The Effect of Randomized School Admissions on Voter Participation
Justine S. Hastings , Thomas J. Kane , Doug Staiger and Jeffrey M. Weinstein
11793: An Analysis of the Impact of Affirmative Action Programs on Self-Employment in the Construction Industry
David G. Blanchflower and Jon Wainwright
11792: Establishing Credibility: Evolving Perceptions of the European Central Bank
Linda S. Goldberg and Michael W. Klein
11791: Output Costs, Currency Crises, and Interest Rate Defense of a Peg
Amartya Lahiri and Carlos A. Vegh
11790: Does Hazardous Waste Matter? Evidence from the Housing Market and the Superfund Program
Michael Greenstone and Justin Gallagher
11789: Paternalism and Psychology
Edward Ludwig Glaeser
11788: Robustness of the Estimates of the Hybrid New Keynesian Phillips Curve
Jordi Gali , Mark L. Gertler and David Lopez-Salido
11787: Openness Can be Good for Growth: The Role of Policy Complementarities
Roberto Chang , Linda Kaltani and Norman V. Loayza
11786: Pay Inequality, Pay Secrecy, and Effort: Theory and Evidence
Gary Charness and Peter Joseph Kuhn
11785: Evaluation of Currency Regimes: The Unique Role of Sudden Stops
Assaf Razin and Yona Rubinstein
11784: Two Theories of Money Reconciled: The Colonial Puzzle Revisited with New Evidence
Farley Grubb
11783: The U.S. Constitution and Monetary Powers: An Analysis of the 1787 Constitutional Convention and Constitutional Transformation of the Nation's Monetary System Emerged
Farley Grubb
11782: The Effects of Wal-Mart on Local Labor Markets
David Neumark , Junfu Zhang and Stephen M. Ciccarella
11781: Liability for Accidents
Steven Shavell
11780: The Theory of Public Enforcement of Law
A. Mitchell Polinsky and Steven Shavell
11779: Financial Crises and Political Crises
Roberto Chang
11778: The 1920s and the 1990s in Mutual Reflection
Robert J. Gordon
11777: What Caused the Decline in U.S. Business Cycle Volatility?
Robert J. Gordon
11776: A Century of Housing Shelter Prices: Is There a Downward Bias in the CPI?
Robert J. Gordon and Todd vanGoethem
11775: Roughing it Up: Including Jump Components in the Measurement, Modeling and Forecasting of Return Volatility
Torben G. Andersen , Tim Bollerslev and Francis X. Diebold
11774: The Complementary Role of Exports and R&D Investments as Sources of Productivity Growth
Bee Yan Aw , Mark J. Roberts and Tor Winston
11773: How Does Information Technology Really Affect Productivity? Plant-Level Comparisons of Product Innovation, Process Improvement and Worker Skills
Ann P. Bartel , Casey Ichniowski and Kathryn Shaw
11772: The Creation of the Rule of Law and the Legitimacy of Property Rights: The Political and Economic Consequences of a Corrupt Privatization
Karla Hoff and Joseph E. Stiglitz
11771: Interest Rates, Exchange Rates and International Adjustment
Michael Dooley , David Folkerts-Landau and Peter M. Garber
11770: Drug Advertising and Health Habit
Toshiaki Iizuka and Ginger Zhe Jin
11769: What Defines "News" in Foreign Exchange Markets?
Kathryn Mary Elizabeth Dominguez and Freyan Panthaki
11768: Electronic Filing, Tax Preparers, and Participation in the Earned Income Tax Credit
Wojciech Kopczuk and Cristian Pop-Eleches
11767: To Leave or Not To Leave: The Distribution of Bequest Motives
Wojciech Kopczuk and Joseph P. Lupton
11766: Unobserved Actions of Mutual Funds
Marcin Kacperczyk , Clemens Sialm and Lu Zheng
11765: Internet Advertising and the Generalized Second Price Auction: Selling Billions of Dollars Worth of Keywords
Benjamin Edelman , Michael Ostrovsky and Michael Schwarz
11764: General Equilibrium Analysis of the Eaton-Kortum Model of International Trade
Fernando Alvarez and Robert E. Lucas
11763: A Simple Test of Adverse Events and Strategic Timing Theories of Consumer Bankruptcy
Li Gan and Tarun Sabarwal
11762: Cities and Countries
Andrew Kenan Rose
11761: Current Account Balances, Financial Development and Institutions: Assaying the World "Savings Glut"
Menzie Chinn and Hiro Ito
11760: Why do Unemployment Benefits Raise Unemployment Durations? Moral Hazard vs. Liquidity
Raj Chetty