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NBER Working Papers
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9933: Becoming Oldest-Old: Evidence from Historical U.S. Data
Dora L. Costa and Joanna N. Lahey
9932: Tough Policies, Incredible Policies?
Andres Velasco and Alejandro Neut
9931: Micro-Foundations of Urban Agglomeration Economies
Gilles Duranton and Diego Puga
9930: Does the Source of Capital Affect Capital Structure?
Michael Faulkender and Mitchell Petersen
9929: Monetary Discretion, Pricing Complementarity and Dynamic Multiple Equilibria
Robert G. King and Alexander L. Wolman
9928: Importing Technology
Francesco Caselli and Daniel John Wilson
9927: Uncovering the Risk-Return Relation in the Stock Market
Hui Guo and Robert F. Whitelaw
9926: How Should We Measure Consumer Confidence (Sentiment)? Evidence from the Michigan Survey of Consumers
Jeff Dominitz and Charles F. Manski
9925: Price Elasticity of Demand for Term Life Insurance and Adverse Selection
Mark V. Pauly , Kate H. Withers , Krupa Subramanian-Viswana , Jean Lemaire and John C. Hershey
9924: A New Approach to the Valuation of Intangible Capital
Jason G. Cummins
9923: Capital Deepening in American Manufacturing, 1850-1880
Jeremy Atack , Fred Bateman and Robert Andrew Margo
9922: On the Efficiency of Competitive Electricity Markets With Time-Invariant Retail Prices
Severin Borenstein and Stephen P. Holland
9921: Bank Concentration and Crises
Thorsten Beck , Asli Demirguc-Kunt and Ross Levine
9920: The Case for Auctioning Countermeasures in the WTO
Kyle Bagwell , Petros C. Mavroidis and Robert W. Staiger
9919: Adverse Selection and the Challenges to Stand-Alone Prescription Drug Insurance
Mark V. Pauly and Yuhui Zeng
9918: Mothers' and Fathers' Labor Supply in Fragile Families: The Role of Child Health
Hope Corman , Nancy E. Reichman and Kelly Noonan
9917: Passive Decisions and Potent Defaults
James Jinwoo Choi , David Isaac Laibson , Brigitte C. Madrian and Andrew Metrick
9916: Capital Tax Incidence: Fisherian Impressions from the Time Series
Casey Mulligan
9915: Disentangling Volatility from Jumps
Yacine Ait-Sahalia
9914: The Effect of Macroeconomic News on Beliefs and Preferences: Evidence from the Options Market
Alessandro Beber and Michael W. Brandt
9913: Pension Reform in Germany: The Impact on Retirement Decisions
Axel Borsch-Supan and Barbara Berkel
9912: The Role of Consumer Knowledge of Insurance Benefits in the Demand for Preventative Health
Steve Parente , David Salkever and Joan DaVanzo
9911: The Pricing of Job Characteristics When Markets Do Not Clear: Theory and Implications
Kevin Lang and Sumon Majumdar
9910: Identification and Estimation of Hedonic Models
Ivar Ekeland , James J. Heckman and Lars Patrick Nesheim
9909: How Do Patent Laws Influence Innovation? Evidence from Nineteenth-Century World Fairs
Petra Moser
9908: Debt Intolerance
Carmen M. Reinhart , Kenneth S Rogoff and Miguel A. Savastano
9907: Parental Medicaid Expansions and Health Insurance Coverage
Anna Aizer and Jeffrey T. Grogger
9906: On the Hidden Links Between Financial and Trade Opening
Joshua Aizenman
9905: Optimal Monetary and Fiscal Policy: A Linear Quadratic Approach
Pierpaolo Benigno and Michael Woodford
9904: The Economics of 'Acting White'
David Austen-Smith and Roland Gerhard Fryer
9903: Procuring Knowledge
Stephen M. Maurer and Suzanne Scotchmer
9902: Household Saving in Germany: Results of the first SAVE study
Axel Borsch-Supan and Lothar Essig
9901: A Pound of Flesh or Just Proxy? Using Twin Differences to Estimate the Effect of Birth Weight on Life Chances
Dalton Conley , Kate Strully and Neil G. Bennett
9900: Does Exchange Rate Risk Matter for Welfare?
Paul Bergin and Ivan Tchakarov
9899: Changing Economic Geography and Vertical Linkages in Japan
Eiichi Tomiura
9898: Adjustment is Much Slower than You Think
Ricardo J. Caballero and Eduardo M.R.A. Engel
9897: Healthy, Wealthy, and Knowing Where to Live: Predicted Trajectories of Health, Wealth and Living Arrangements Among the Oldest Old
Florian Heiss , Michael D. Hurd and Axel Borsch-Supan
9896: What, Me Vote?
Richard B. Freeman
9895: Simulation and Estimation of Nonaddative Hedonic Models
James J. Heckman , Rosa Liliana Matzkin and Lars Patrick Nesheim
9894: Investor Rationality: Evidence from UK Property Capitalization Rates
Patric H. Hendershott and Bryan D. MacGregor
9893: Inventory Information
Huining Henry Cao , Richard K. Lyons and Martin Evans
9892: Utility Evaluation of Risk in Retirement Saving Accounts
James Poterba , Joshua Rauh , Steven Venti and David Wise
9891: Estimating Housing Demand with an Application to Explaining Racial Segregation in Cities
Patrick Bajari and Matthew Kahn
9890: Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation
Asli Demirguc-Kunt , Luc Laeven and Ross Levine
9889: Are Structural Estimates of Auction Models Reasonable? Evidence from Experimental Data
Patrick Bajari and Ali Hortacsu
9888: Incentive-Compatible Guaranteed Renewable Health Insurance
Bradley Herring and Mark Pauly
9887: Six Challenges in Designing Equity-Based Pay
Brian J. Hall
9886: Cities, Regions and the Decline of Transport Costs
Edward Ludwig Glaeser and Janet E. Kohlhase
9885: You Only Die Once: Managing Discrete Interdependent Risks
Geoffrey Heal and Howard Kunreuther
9884: Imperfect Knowledge, Inflation Expectations, and Monetary Policy
Athanasios Orphanides and John C. Williams
9883: Fees and Surcharging in automatic teller machine networks: Non-bank ATM providers versus large banks
Elizabeth W. Croft and Barbara Spencer
9882: What Works in Securities Law?
Rafael La Porta , Florencio Lopez- de-Silane and Andrei Shleifer
9881: The Effect of Schooling and Ability on Achievement Test Scores
Karsten Hansen , James J. Heckman and Kathleen J. Mullen
9880: Financial Integration: A New Methodology and an Illustration
Robert P. Flood and Andrew K. Rose
9879: Trade Reforms, Labor Regulations and Labor-Demand Elasticities: Empirical Evidence from India
Rana Hasan , Devashish Mitra and K V. Ramaswamy
9878: Analyzing the Determinants of the Matching Public School Teachers to Jobs: Estimating Compensating Differentials in Imperfect Labor Markets
Donald Boyd , Hamilton Lankford , Susanna Loeb and James Wyckoff
9877: Selection Bias, Comparative Advantage and Heterogeneous Returns to Education
James J. Heckman and Xuesong Li
9876: Peer Effects and Alcohol Use Among College Students
Michael Kremer and Dan M. Levy
9875: When Do Central Bank Interventions Influence Intra-Daily and Longer-Term Exchange Rate Movements?
Kathryn Mary Elizabeth Dominguez
9874: The Impact of Price Regulation on the Launch Delay of New Drugs - Evidence from Twenty-Five Major Markets in the 1990s
Patricia M. Danzon , Y. Richard Wang and Liang Wang
9873: Are Emily and Greg More Employable than Lakisha and Jamal? A Field Experiment on Labor Market Discrimination
Marianne Bertrand and Sendhil Mullainathan
9872: Heckscher-Ohlin Theory and Individual Attitudes Towards Globalization
O'Rourke, Kevin H.
9871: Entry Deterrence in Hospital Procedure Markets: A Simple Model of Learning-By-Doing
Leemore S. Dafny
9870: Who Gets Health Care?
Robert William Fogel and Chulhee Lee
9869: Why the Welfare State Looks Like a Free Lunch
Peter H. Lindert
9868: Did American Welfare Capitalists Breach their Implicit Contracts? Preliminary Findings from Company-level Data, 1920-1940
Chiaki Moriguchi
9867: Flexible Exchange Rates as Shock Absorbers
Sebastian Edwards and Eduardo Levy Yeyati
9866: A New Measure of Monetary Shocks: Derivation and Implications
Christina Duckworth Romer and David Romer
9865: The Economic Tragedy of the XXth Century: Growth in Africa
Elsa Artadi and Xavier Sala--Martin
9864: Explaining Sudden Stops, Growth Collapse and BOP Crises: The Case of Distortionary Output Taxes
Guillermo A. Calvo
9863: Market Evidence of Misperceived Prices and Mistaken Mortality Risks
Jay Bhattacharya , Dana Goldman and Neeraj Sood
9862: Anticipated Ramsey Reforms and the Uniform Taxation Principle: the Role of International Financial Markets
Stephanie Schmitt-Grohé and Martín Uribe
9861: Evaluating Portfolio Policies: A Duality Approach
Martin B. Haugh , Leonid Kogan and Jiang Wang
9860: Why didn't France follow the British Stabilization after World War One?
Michael David Bordo and Pierre Cyrille Hautcoeur
9859: Understanding Changes in International Business Cycle Dynamics
James H. Stock and Mark W. Watson
9858: Stock Prices and IPO Waves
Lubos Pastor and Pietro Veronesi
9857: The Decline and Rise of Interstate Migration in the United States: Evidence from the IPUMS, 1850-1990
Joshua L. Rosenbloom and William A. Sundstrom
9856: Literary Life Cycles: The Careers of Modern American Poets
David W. Galenson
9855: Tax Credits and the Use of Medical Care
Michael Smart and Mark Stabile
9854: After the War Boom: Reconversion on the U.S. Pacific Coast, 1943-49
Paul W. Rhode
9853: Beauty in the Classroom: Professors' Pulchritude and Putative Pedagogical Productivity
Daniel Hamermesh and Amy M. Parker
9852: The Value of a Statistical Life and the Coefficient of Relative Risk Aversion
Louis Kaplow
9851: The Effects of Changes in State SSI Supplements on Pre-Retirement Labor Supply
David Neumark and Elizabeth T. Powers
9850: Who Benefits from Labor Market Regulations? Chile 1960-1998
Claudio Montenegro and Carmen Pages
9849: Enriching a Theory of Wage and Promotion Dynamics Inside Firms
Robert Gibbons and Michael Waldman
9848: Understanding Trend and Cycle in Asset Values: Reevaluating the Wealth Effect on Consumption
Martin Lettau and Sydney C. Ludvigson
9847: Quality and Employers' Choice of Health Plan
Michael Chernew , Gautam Gowrisankaran , Catherine McLaughlin and Teresa Gibson
9846: New Data, New doubts: A Comment on Burnside and Dollar's "Aid, Policies, and Growth" (2000)
William Easterly , Ross Levine and David Malin Roodman
9845: Is the Social Security Trust Fund Worth Anything?
Kent Smetters
9844: Bidding for Industrial Plants: Does Winning a 'Million Dollar Plant' Increase Welfare?
Michael Greenstone and Enrico Moretti
9843: Addressing the Transfer-Pricing Problem in an Origin-Basis X Tax
David F. Bradford
9842: Public Goods and the Distribution of Income
Louis Kaplow
9841: How "Original Sin" was Overcome: The Evolution of External Debt Denominated in Domestic Currencies in the United States and the British Dominions
Michael David Bordo , Christopher M. Meissner and Angela Redish
9840: Financial Innovation, Market Participation and Asset Prices
Laurent E. Calvet , Martin Gonzalez-Eiras and Paolo Sodini
9839: Regime-Switching and the Estimation of Multifractal Processes
Laurent E. Calvet and Adlai Julian Fisher
9838: Monetary Policy in Economies with Little or No Money
Bennett McCallum
9837: Multiple-Solution Indeterminacies in Monetary Policy Analysis
Bennett McCallum
9836: Bidding Rings and the Winner's Curse: The Case of Federal Offshore Oil and Gas Lease Auctions
Ken Hendricks , Robert H. Porter and Guofu Tan
9835: Monetary Policy and Sectoral Shocks: Did the FED react properly to the High-Tech Crisis?
Claudio E. Raddatz and Roberto Rigobon
9834: Asset Prices and Exchange Rates
Anna Pavlova and Roberto Rigobon