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NBER Working Papers
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10633: Are Migrants More Skilled than Non-Migrants? Repeat, Return and Same-Employer Migrants
Jennifer Hunt
10632: Measuring the Effects of Workloss on Productivity With Team Production
Sean Nicholson , Marc V. Pauly , Daniel Polsky , Claire Sharda and Helena Szrek
10631: The Source of Historical Economic Fluctuations: An Analysis using Long-Run Restrictions
Neville Francis and Valerie Ann Ramey
10630: Capital Income Taxation in the Globalized World
Assaf Razin and Efraim Sadka
10629: Unmasking the Pollution Haven Effect
Arik Levinson and M. Scott Taylor
10628: Spending Less Time with the Family: The Decline of Family Ownership in the UK
Julian Franks , Colin Mayer and Stefano Rossi
10627: Using Investment Data to Assess the Importance of Price Mismeasurement
Diego Comin
10626: Direct Investment, Rising Real Wages and the Absorption of Excess Labor in the Periphery
Michael Dooley , David Folkerts-Landau and Peter M. Garber
10625: R&D: A Small Contribution to Productivity Growth
Diego Comin
10624: Sources for Financing Domestic Capital -- Is Foreign Saving a Viable Option for Developing Countries?
Joshua Aizenman , Brian Pinto and Artur Radziwill
10623: How Have Borrowers Fared in Banking Mega-Mergers?
Kenneth A. Carow , Edward J. Kane and Rajesh Narayanan
10622: Performance Pay and Teachers' Effort, Productivity and Grading Ethics
Victor Chaim Lavy
10621: The Wage Gains of African-American Women in the 1940s
Martha J. Bailey and William J. Collins
10620: The Design of Financial Systems: Towards a Synthesis of Function and Structure
Robert C. Merton and Zvi Bodie
10619: The Effects of Cocaine and Heroin Prices on Drug-Related Emergency Department Visits
Dhaval M. Dave
10618: Education, Redistribution, and the Threat of Brain Drain
Alexander Haupt and Eckhard Janeba
10617: Evaluating the Calvo Model of Sticky Prices
Martin Eichenbaum and Jonas D.M. Fisher
10616: The Macroeconomy and the Yield Curve: A Dynamic Latent Factor Approach
Francis X. Diebold , Glenn D. Rudebusch and S. Boragan Aruoba
10615: A Continuous-Time Agency Model of Optimal Contracting and Capital Structure
Peter M. DeMarzo and Yuliy Sannikov
10614: Unbiased Estimation of the Half-Life to PPP Convergence in Panel Data
Chi-Young Choi , Nelson C. Mark and Donggyu Sul
10613: The Evolution of Concentrated Ownership in India Broad patterns and a History of the Indian Software Industry
Tarun Khann and Krishna Palepu
10612: Targeting vs. Instrument Rules for Monetary Policy
Bennett McCallum and Edward Nelson
10611: Liquidity Constraints and Housing Prices: Theory and Evidence from the VA Mortgage
Jacob Vigdor
10610: The Political Economy of Fair Housing Laws Prior to 1968
William J. Collins
10609: How Elections Matter: Theory and Evidence from Environmental Policy
John List and Daniel M. Sturm
10608: Breakfast of Champions? The School Breakfast Program and the Nutrition of Children and Families
Jayanta Bhattacharya , Janet Currie and Steven J. Haider
10607: The Purchasing Power Parity Debate
Alan M. Taylor and Mark P. Taylor
10606: Measuring the Growth from Better and Better Goods
Mark Joseph Bils
10605: Exploring the Patent Explosion
Bronwyn Hughes Hall
10604: The Impact of Presumed Consent Legislation on Cadaveric Organ Donation: A Cross Country Study
Alberto Abadie and Sebastien Gay
10603: Learning on the Quick and Cheap: Gains from Trade Through Imported Expertise
James R. Markusen and Thomas F. Rutherford
10602: Managing Volatility and Crises: A Practitioner's Guide Overview
Joshua Aizenman and Brian Pinto
10601: Peace and War in Territorial Disputes
Herschel . Grossman
10600: The Impact of the Terms of Trade on Economic Development in the Periphery, 1870-1939: Volatility and Secular Change
Christopher Blattman , Jason Hwang and Jeffrey Gale Williamson
10599: Dividend Policy, Agency Costs, and Earned Equity
Harry DeAngelo , Linda DeAngelo and René M. Stulz
10598: Economic Impacts of Unionization on Private Sector Employers: 1984-2001
John Enrico DiNardo and David S. Lee
10597: Exotic Preferences for Macroeconomists
David Backus , Bryan R. Routledge and Stanley E. Zin
10596: The Effect of Population Health on Foreign Direct Investment
Marcella Alsan , David E. Bloom and David Canning
10595: Facts and Fantasies about Commodity Futures
Gary Gorton and K. Geert Rouwenhorst
10594: Product Variety and Demand Uncertainty
Dennis W. Carlton and James D. Dana
10593: Trade, Inequality, and Poverty: What Do We Know? Evidence from Recent Trade Liberalization Episodes in Developing Countries
Pinelopi Koujianou Goldberg and Nina Pavcnik
10592: Are Technology Improvements Contractionary?
Susanto Basu , John Fernald and Miles Spencer Kimball
10591: Does School Accountability Lead to Improved Student Performance?
Eric A. Hanushek and Margaret E. Raymond
10590: The Quality of Labor Relations and Unemployment
Olivier Blanchard and Thomas PHILIPPON
10589: Preference Formation and the Rise of Women's Labor Force Participation: Evidence from WWII
Raquel Fernandez , Alessandra Fogli and Claudia Olivetti
10588: The Timing, Intensity, and Composition of Interest Group Lobbying: An Analysis of Structural Policy Windows in the States
John M. de Figueriedo
10587: The Costs of Entrenched Boards
Lucian Bebchuk and Alma Cohen
10586: India's De-Industrialization Under British Rule: New Ideas, New Evidence
David Clingingsmith and Jeffrey Gale Williamson
10585: Trade Liberalization and Pollution Havens
Josh Ederington , Arik Levinson and Jenny Minier
10584: Slow Recoveries
Raphael Bergoeing , Norman Loayzaw and Andrea Repetto
10583: Measuring Market Integration: Foreign Exchange Arbitrage and the Gold Standard, 1879-1913
Eugene Canjels , Gauri Prakash-Canjels and Alan M. Taylor
10582: The Rise of U.S. Antidumping Actions in Historical Perspective
Douglas A. Irwin
10581: Was There a Nasdaq Bubble in the Late 1990s?
Lubos Pastor and Pietro Veronesi
10580: Until it's Over, Over There: The U.S. Economy in World War I
Hugh Rockoff
10579: Maximum Likelihood Estimation of Stochastic Volatility Models
Yacine Ait-Sahalia and Robert Kimmel
10578: Education for Innovation: Entrepreneurial Breakthroughs vs. Corporate Incremental Improvements
William Baumol
10577: Why Barriers to Entry are Barriers to Understanding
Dennis W. Carlton
10576: Why Doesn't Asia Have Bigger Bond Markets?
Barry Julian Eichengreen and Pipat Luengnaruemitchai
10575: Targeted Remedial Education for Under-Performing Teenagers: Costs and Benefits
Victor Chaim Lavy and Analia Schlosser
10574: Should We Fear Derivatives?
René M. Stulz
10573: Asymmetric Cycles
Boyan Jovanovic
10572: Do Dividend Payments Respond to Taxes? Preliminary Evidence from the 2003 Dividend Tax Cut
Raj Chetty and Emmanuel Saez
10571: Conflicts of Interest, Information Provision, and Competition in Banking
Patrick Bolton , Xavier Freixas and Joel Shapiro
10570: Search, Obfuscation, and Price Elasticities on the Internet
Glenn Ellison and Sara Fisher Ellison
10569: Productivity, Tradability, and the Long-Run Price Puzzle
Paul Bergin , Reuven Glick and Alan M. Taylor
10568: Do Institutions Cause Growth?
Edward Ludwig Glaeser , Rafael La Porta , Florencio Lopez- de-Silane and Andrei Shleifer
10567: SEC Regulation Fair Disclosure, Information, and the Cost of Capital
Armando Gomes , Gary Gorton and Leonardo Madureira
10566: Growth Accelerations
Ricardo Hausmann , Lant Pritchett and Dani Rodrik
10565: Globalization, Returns to Accumulationa and the World Distribution of Output
Paul Beaudry and Fabrice Collard
10564: Further Tests of Abortion and Crime
Ted Joyce
10563: The Real Effects of Investor Sentiment
Christopher Polk and Paola Sapienza
10562: The Economic Effects of Living Wage Laws: A Provisional Review
Scott Adams and David Neumark
10561: When Do Living Wages Bite?
Scott Adams and David Neumark
10560: Growth Volatility and Financial Liberalization
Geert Bekaert , Campbell R. Harvey and Christian Lundblad
10559: The Stock Market and Investment: Evidence from FDI Flows
Malcolm Baker , C. Fritz Foley and Jeffrey Wurgler
10558: Conscription as Regulation
Casey Mulligan and Andrei Shleifer
10557: The Green Solow Model
William A. Brock and M. Scott Taylor
10556: Shakeouts and Market Crashes
Alessandro Barbarino and Boyan Jovanovic
10555: Growth Effects of the Exchange-Rate Regime and the Capital-Account Openness in A Crisis-Prone World Market: A Nuanced View
Assaf Razin and Yona Rubinstein
10554: Where Do New US-Trained Science-Engineering PhDs come from?
Richard B. Freeman , Emily Jin and Chia-Yu Shen
10553: When Do Firms Hire Lobbyists? The Organization of Lobbying at the Federal Communications Commission
John M. de Figueiredo and James J. Kim
10552: The Costs of Low Birth Weight
Douglas Almond , Kenneth Chay and David S. Lee
10551: "Success Taxes," Entrepreneurial Entry, and Innovation
William M. Gentry and Robert Glenn Hubbard
10550: The Economic Implications of Corporate Financial Reporting
John R. Graham , Campbell R. Harvey and Shiva Rajgopal
10549: Welfare Reform and Health
Marianne P. Bitler , Jonah Gelbach and Hilary Williamson Hoynes
10548: Stock Prices, News and Economic Fluctuations
Paul Beaudry and Franck Portier
10547: Futures Prices as Risk-adjusted Forecasts of Monetary Policy
Monika Piazzesi and Eric T. Swanson
10546: Profit Neutrality in Licensing: The Boundary between Antitrust Law and Patent Law
Stephen M. Maurer and Suzanne Scotchmer
10545: Financial Constraints and Growth: Multinational and Local Firm Responses to Currency Crises
Mihir A. Desai , C. Fritz Foley and Kristin Forbes
10544: Heterogeneous Productivity Response to Tariff Reduction: Evidence from Brazilian Manufacturing Firms
Adriana Schor
10543: Earnings Manipulation and Managerial Investment Decisions: Evidence from Sponsored Pension Plans
Daniel Baird Bergstresser , Mihir A. Desai and Joshua Rauh
10542: How Much Do Medical Students Know About Physician Income?
Sean Nicholson
10541: Incentive Effects of Social Assistance: A Regression Discontinuity Approach
Thomas Lemieux and Kevin Milligan
10540: International Trade and Macroeconomic Dynamics with Heterogeneous Firms
Fabio Ghironi and Marc J. Melitz
10539: Political Budget Cycles in New versus Established Democracies
Adi Brender and Allan Drazen
10538: The Globalization of the Software Industry: Perspectives and Opportunities for Developed and Developing Countries
Ashish Arora and Alfonso Gambardella
10537: Do Stock Price Bubbles Influence Corporate Investment?
Simon Gilchrist , Charles P. Himmelberg and Gur Huberman
10536: Mergers and Acquisitions in the Pharmaceutical and Biotech Industries
Patricia M. Danzon , Andrew Epstein and Sean Nicholson
10535: Building Relationships Early: Banks in Venture Capital
Thomas Hellman , Laura Lindsey and Manju Puri
10534: International Reserves Management and Capital Mobility in a Volatile World: Policy Considerations and a Case Study of Korea
Joshua Aizenman , Yeonho Lee and Yeongseop Rhee