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NBER Working Papers

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14980: A Search-Theoretic Model of the Retail Market for Illicit Drugs Downloads
Manolis Galenianos, Rosalie Liccardo Pacula and Nicola Persico
14979: Analyzing the Extent and Influence of Occupational Licensing on the Labor Market Downloads
Morris M. Kleiner and Alan Krueger
14978: Spatial Price Discrimination with Heterogeneous Firms Downloads
Jonathan Vogel
14977: Toxic Exposure in America: Estimating Fetal and Infant Health Outcomes Downloads
Nikhil Agarwal, Chanont Banternghansa and Linda Bui
14976: The Optimal Taxation of Height: A Case Study of Utilitarian Income Redistribution Downloads
N. Gregory Mankiw and Matthew Weinzierl
14975: The distinct effects of Information Technology and Communication Technology on firm organization Downloads
Nicholas Bloom, Luis Garicano, Raffaella Sadun and John van Reenen
14974: Why do Institutions of Higher Education Reward Research While Selling Education? Downloads
Dahlia K. Remler and Elda Pema
14973: Quantity-Quality and the One Child Policy:The Only-Child Disadvantage in School Enrollment in Rural China Downloads
Nancy Qian
14972: Legal Protection in Retail Financial Markets Downloads
Bruce I. Carlin and Simon Gervais
14971: When are Analyst Recommendation Changes Influential? Downloads
Roger K. Loh and René Stulz
14970: Welfare Spending and Mortality Rates for the Elderly Before the Social Security Era Downloads
Adrian Stoian and Price Fishback
14969: The Paradox of Declining Female Happiness Downloads
Betsey Stevenson and Justin Wolfers
14968: The Two Waves of Service Sector Growth Downloads
Barry Eichengreen and Poonam Gupta
14967: The Impact of the Asian Miracle on the Theory of Economic Growth Downloads
Robert Fogel
14966: Is the EITC Equivalent to an NIT? Conditional Cash Transfers and Tax Incidence Downloads
Jesse Rothstein
14965: Comparative Advantage, Complexity and Volatility Downloads
Pravin Krishna and Andrei Levchenko
14964: Education and the Prevalence of Pain Downloads
Steven J. Atlas and Jonathan Skinner
14963: Carbon Geography: The Political Economy of Congressional Support for Legislation Intended to Mitigate Greenhouse Gas Production Downloads
Michael I. Cragg and Matthew Kahn
14962: What Does Global Expansion of Higher Education Mean for the US? Downloads
Richard Freeman
14961: Patterns of International Capital Raisings Downloads
Juan Carlos Gozzi, Ross Levine and Sergio Schmukler
14960: Extensive and Intensive Investment over the Business Cycle Downloads
Boyan Jovanovic and Peter Rousseau
14959: Sex and Science: How Professor Gender Perpetuates the Gender Gap Downloads
Scott Carrell, Marianne Page and James West
14958: Marry for What: Caste and Mate Selection in Modern India Downloads
Abhijit Banerjee, Esther Duflo, Maitreesh Ghatak and Jeanne Lafortune
14957: Evaluating Rubin's Causal Model for Measuring the Capitalization of Environmental Amenities Downloads
Henry Klaiber and V. Smith
14956: Measuring the Benefits of Product Variety with an Accurate Variety Set Downloads
Bruce Blonigen and Anson Soderbery
14955: Fear and Loathing in Las Vegas: Evidence from Blackjack Tables Downloads
Bruce Ian Carlin and David Robinson
14954: Obfuscation, Learning, and the Evolution of Investor Sophistication Downloads
Bruce Ian Carlin and Gustavo Manso
14953: What Governments Maximize and Why: The View from Trade Downloads
Kishore Gawande, Pravin Krishna and Marcelo Olarreaga
14952: Market Conditions and the Structure of Securities Downloads
Isil Erel, Brandon Julio, Woojin Kim and Michael Weisbach
14951: Do Investments in Universal Early Education Pay Off? Long-term Effects of Introducing Kindergartens into Public Schools Downloads
Elizabeth Cascio
14950: Letting Different Views about Business Cycles Compete Downloads
Paul Beaudry and Bernd Lucke
14949: Family Networks and School Enrolment: Evidence from a Randomized Social Experiment Downloads
Manuela Angelucci, Giacomo De Giorgi, Marcos A. Rangel and Imran Rasul
14948: Be as Careful of the Company You Keep as of the Books You Read: Peer Effects in Education and on the Labor Market Downloads
Giacomo De Giorgi, Michele Pellizzari and Silvia Redaelli
14947: A Model of Casino Gambling Downloads
Nicholas C. Barberis
14946: Half a Century of Public Software Institutions: Open Source as a Solution to Hold-Up Problem Downloads
Michael Schwarz and Yuri Takhteyev
14945: Do School Entry Laws Affect Educational Attainment and Labor Market Outcomes? Downloads
Carlos Dobkin and Fernando Ferreira
14944: The Limitations of Stock Market Efficiency: Price Informativeness and CEO Turnover Downloads
Gary Gorton, Lixin Huang and Qiang Kang
14943: Unstable Banking Downloads
Andrei Shleifer and Robert Vishny
14942: The Demarcation of Land and the Role of Coordinating Institutions Downloads
Gary Libecap and Dean Lueck
14941: Charitable Memberships, Volunteering, and Discounts: Evidence from a Large-Scale Online Field Experiment Downloads
Andreas Lange and Andrew Stocking
14940: Scarcity of Ideas and R&D Options: Use it, Lose it or Bank it Downloads
Nisvan Erkal and Suzanne Scotchmer
14939: Pollution, Health, and Avoidance Behavior: Evidence from the Ports of Los Angeles Downloads
Enrico Moretti and Matthew Neidell
14938: Estimating the Border Effect: Some New Evidence Downloads
Gita Gopinath, Pierre-Olivier Gourinchas, Chang-Tai Hsieh and Nicholas Li
14937: Electoral Accountability and Corruption: Evidence from the Audits of Local Governments Downloads
Claudio Ferraz and Frederico Finan
14936: Pollution and International Trade in Services Downloads
Arik Levinson
14935: Trade Reforms and Market Selection: Evidence from Manufacturing Plants in Colombia Downloads
Marcela Eslava, John Haltiwanger, Adriana D. Kugler and Maurice Kugler
14934: The Random Coefficients Logit Model Is Identified Downloads
Patrick Bajari, Jeremy Fox, Kyoo il Kim and Stephen Ryan
14933: Altruistic Dynamic Pricing with Customer Regret Downloads
Julio Rotemberg
14932: What's the "Interest" in FDA Drug Advisory Committee Conflicts of Interest? Downloads
Joseph Golec and John Vernon
14931: Why Do Foreign Firms Have Less Idiosyncratic Risk than U.S. Firms? Downloads
Söhnke Bartram, Gregory Brown and René Stulz
14930: On the Self-interested Use of Equity in International Climate Negotiations Downloads
Andreas Lange, Andreas Löschel, Carsten Vogt and Andreas Ziegler
14929: Efficient Recapitalization Downloads
Thomas Philippon and Philipp Schnabl
14928: Firms' Exporting Behavior under Quality Constraints Downloads
Juan Hallak and Jagadeesh Sivadasan
14927: Three Epochs of Oil Downloads
Eyal Dvir and Kenneth Rogoff
14926: Does it Matter Who Has the Right to Patent: First-to-invent or First-to-file? Lessons From Canada Downloads
Shih-tse Lo and Dhanoos Sutthiphisal
14925: Fear of Fire Sales and the Credit Freeze Downloads
Douglas Diamond and Raghuram Rajan
14924: Adolescent Cognitive and Non-cognitive Correlates of Adult Health Downloads
Robert Kaestner
14923: The Price of Political Opposition: Evidence from Venezuela's Maisanta Downloads
Chang-Tai Hsieh, Edward Miguel, Daniel Ortega and Francisco Rodríguez
14922: Interviewing in Two-Sided Matching Markets Downloads
Robin Lee and Michael Schwarz
14921: Experts and Their Records Downloads
Alexander Frankel and Michael Schwarz
14920: Which Immigrants Are Most Innovative and Entrepreneurial? Distinctions by Entry Visa Downloads
Jennifer Hunt
14919: Reply to "Generalizing the Taylor Principle: A Comment" Downloads
Troy Davig and Eric Leeper
14918: Ruggedness: The Blessing of Bad Geography in Africa Downloads
Nathan Nunn and Diego Puga
14917: The Long Term Consequences of Famine on Survivors: Evidence from a Unique Natural Experiment using China's Great Famine Downloads
Xin Meng and Nancy Qian
14916: Thresholds in the Process of International Financial Integration Downloads
Ayhan Kose, Eswar Prasad and Ashley Taylor
14915: Adverse Selection in Competitive Search Equilibrium Downloads
Veronica Guerrieri, Robert Shimer and Randall Wright
14914: Finance and Development: A Tale of Two Sectors Downloads
Francisco Buera, Joseph Kaboski and Yongseok Shin
14913: U.S. Stock Market Crash Risk, 1926-2006 Downloads
David S. Bates
14912: State Dependence and Alternative Explanations for Consumer Inertia Downloads
Jean-Pierre Dubé, Günter J. Hitsch and Peter Rossi
14911: Ability-grouping and Academic Inequality: Evidence From Rule-based Student Assignments Downloads
C. Kirabo Jackson
14910: Trade and Income -- Exploiting Time Series in Geography Downloads
James Feyrer
14909: The Long or Short of it: Determinants of Foreign Currency Exposure in External Balance Sheets Downloads
Philip Lane and Jay Shambaugh
14908: Inequality and the Measurement of Residential Segregation by Income In American Neighborhoods Downloads
Tara Watson
14907: Block Recursive Equilibria for Stochastic Models of Search on the Job Downloads
Guido Menzio and Shouyong Shi
14906: Motivating Politicians: The Impacts of Monetary Incentives on Quality and Performance Downloads
Claudio Ferraz and Frederico Finan
14905: Efficient Search on the Job and the Business Cycle Downloads
Guido Menzio and Shouyong Shi
14904: How the Subprime Crisis Went Global: Evidence from Bank Credit Default Swap Spreads Downloads
Barry Eichengreen, Ashoka Mody, Milan Nedeljkovic and Lucio Sarno
14903: Risk Shifting and Mutual Fund Performance Downloads
Jennifer Huang, Clemens Sialm and Hanjiang Zhang
14902: Anticipated Alternative Instrument-Rate Paths in Policy Simulations Downloads
Stefan Laséen and Lars Svensson
14901: Wage Risk and Employment Risk over the Life Cycle Downloads
Hamish Low, Costas Meghir and Luigi Pistaferri
14900: Immigration and Product Diversity Downloads
Francesca Mazzolari and David Neumark
14899: The Importance of History for Economic Development Downloads
Nathan Nunn
14898: Fund Managers, Career Concerns, and Asset Price Volatility Downloads
Veronica Guerrieri and Péter Kondor
14897: Disclosure and the Cost of Capital: Evidence from Firms' Responses to the Enron Shock Downloads
Christian Leuz and Catherine Schrand
14896: Better LATE Than Nothing: Some Comments on Deaton (2009) and Heckman and Urzua (2009) Downloads
Guido Imbens
14895: The Great Inflation in the United States and the United Kingdom: Reconciling Policy Decisions and Data Outcomes Downloads
Riccardo DiCecio and Edward Nelson
14894: Euro Membership as a U.K. Monetary Policy Option: Results from a Structural Model Downloads
Riccardo DiCecio and Edward Nelson
14893: Gender Interactions within Hierarchies: Evidence from the Political Arena Downloads
Stefano Gagliarducci and M. Daniele Paserman
14892: Wall Street's First Corporate Governance Crisis: The Panic of 1826 Downloads
Eric Hilt
14891: Regional Trade Integration and Multinational Firm Strategies Downloads
Pol Antras and C. Fritz Foley
14890: Do Regulations Based on Credit Ratings Affect a Firm's Cost of Capital? Downloads
Darren J. Kisgen and Philip E. Strahan
14889: CAPM for Estimating the Cost of Equity Capital: Interpreting the Empirical Evidence Downloads
Zhi Da, Re-Jin Guo and Ravi Jagannathan
14888: Global Financial Structure and Climate Change Downloads
John Whalley and Yufei Yuan
14887: Financial Regulation, Financial Globalization and the Synchronization of Economic Activity Downloads
Sebnem Kalemli-Ozcan, Elias Papaioannou and Jose-Luis Peydro
14886: Can You Get What You Pay For? Pay-For-Performance and the Quality of Healthcare Providers Downloads
Kathleen Mullen, Richard G. Frank and Meredith B. Rosenthal
14885: Does Affirmative Action Lead to Mismatch? A New Test and Evidence Downloads
Peter Arcidiacono, Esteban Aucejo, Hanming Fang and Kenneth I. Spenner
14884: Sixty Years after the Magic Carpet Ride: The Long-Run Effect of the Early Childhood Environment on Social and Economic Outcomes Downloads
Eric Gould, Victor Lavy and M. Daniele Paserman
14883: Sophisticated Monetary Policies Downloads
Andrew Atkeson, Varadarajan Chari and Patrick Kehoe
14882: Bayesian and Frequentist Inference in Partially Identified Models Downloads
Hyungsik Roger Moon and Frank Schorfheide
14881: Information Asymmetry, Information Precision, and the Cost of Capital Downloads
Richard A. Lambert, Christian Leuz and Robert E. Verrecchia
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