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NBER Working Papers
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9333: Historical Perspectives on Financial Development and Economic Growth
Peter Rousseau
9332: Trade Openness, Investment Instability and Terms-of-Trade Volatility
Assaf Razin , Efraim Sadka and Tarek Coury
9331: Borrowing Costs and the Demand for Equity Over the Life Cycle
Steven J. Davis , Felix Kubler and Paul Willen
9330: State Lotteries and Consumer Behavior
Melissa Schettini Kearney
9329: Addiction and Cue-Conditioned Cognitive Processes
B. Douglas Bernheim and Antonio Rangel
9328: The Value of Information in International Trade: Gains to Outsourcing through Hong Kong
Robert C. Feenstra , Gordon Hanson and Songhua Lin
9327: Horses and Rabbits? Optimal Dynamic Capital Structure from Shareholder and Manager Perspectives
Nengjiu Ju , Robert Parrino , Allen M. Poteshman and Michael Steven Weisbach
9326: Globalization, Trade, and Development: Some Lessons From History
Alan M. Taylor
9325: Why Have Health Expenditures as a Share fo GDP Risen So Much?
Charles . Jones
9324: Institutional Efficiency, Monitoring Costs, and the Investment Share of FDI
Joshua Aizenman and Mark M Spiegel
9323: Bank Regulation and Supervision: What Works Best?
James R. Barth , Gerard Caprio and Ross Levine
9322: How Country and Safety-Net Characteristics Affect Bank Risk-Shifting
Armen Hovakimian , Edward J. Kane and Luc Laeven
9321: Asset Price Inflation and Monetary Policy
Anna Jacobson Schwartz
9320: Customer Anger at Price Increases, Time Variation in the Frequency of Price Changes and Monetary Policy
Julio Rotemberg
9319: Food for Thought: The Effects of School Accountability Plans on School Nutrition
David Figlio and Joshua Winicki
9318: The Rise and Fall of World Trade, 1870-1939
Antoni Estevadeordal , Brian Frantz and Alan M. Taylor
9317: Health and Retirement: Do Changes in Health Affect Retirement Expectations?
Kathleen McGarry
9316: Human Capital Spillovers in Manufacturing: Evidence from Plant-Level Production Functions
Enrico Moretti
9315: Credibility and Policy Convergence: Evidence from U.S. House Roll Call Voting Records
David S. Lee , Enrico Moretti and Matthew J. Butler
9314: The Correlation of Welath Across Generations
Kerwin Kofi Charles and Erik Hurst
9313: The Wage Structure and the Sorting of Workers into the Public Sector
George Borjas
9312: The Flight-to-Liquidity Premium in U.S. Treasury Bond Prices
Francis A. Longstaff
9311: Technological Development and Medical Productivity: The Diffusion of Angioplasty in New York State
David M. Cutler and Robert S. Huckman
9310: Who Goes to College? Differential Enrollment by Race and Family Background
Sandra E. Black and Amir Sufi
9309: The Corporate Governance Role of the Media
Isaac John Alexander Dyck and Luigi Zingales
9308: Did the 2001 Tax Rebate Stimulate Spending? Evidence from Taxpayer Surveys
Matthew D. Shapiro and Joel Slemrod
9307: Accountability, Ability and Disability: Gaming the System
David Figlio and Lawrence S. Getzler
9306: Is There a Role for Discretionary Fiscal Policy?
Alan Auerbach
9305: Institutions Rule: The Primacy of Institutions over Geography and Integration in Economic Development
Dani Rodrik , Arvind Subramanian and Francesco Trebbi
9304: Bubbles and Capital Flows
Jaume Ventura
9303: The Dual Effects of Intellectual Property Regulations: Within- and Between- Patent Competition in the US Pharmaceuticals Industry
Frank Lichtenberg and Tomas J Philipson
9302: The "Arms Race" on American Roads: The Effect of Heavy Vehicles on Traffic Safety and the Failure of Liability Rules
Michelle J. White
9301: Stochastic Taxation and Asset Pricing in Dynamic General Equilibrium
Clemens Sialm
9300: Outsourcing versus FDI in Industry Equilibrium
Gene Grossman and Elhanan Helpman
9299: Health Insurance on the Internet and the Economics of Search
Mark V. Pauly , Bradley Herring and David Song
9298: Sources of Bias and Solutions to Bias in the CPI
Jerry Hausman
9297: Financial Crises and Reform of the International Financial System
Stanley Fischer
9296: China's Investment in Human Capital
James J. Heckman
9295: Media Bias
Sendhil Mullainathan and Andrei Shleifer
9294: Real Exchange Rate Targeting and Macroeconomic Instability
Martín Uribe
9293: Home and Host Country Effects of FDI
Robert E. Lipsey
9292: Financial Globalization and Real Regionalization
Jonathan Heathcote and Fabrizio Perri
9291: The Role of Output Stabilization in the Conduct of Monetary Policy
Frederic Mishkin
9290: Agglomeration, Integration and Tax Harmonization
Richard Baldwin and Paul R. Krugman
9289: Employee Stock Options, Corporate Taxes and Debt Policy
John R. Graham , Mark H. Lang and Douglas A. Shackelford
9288: Financial Globalization and Emerging Markets: With or Without Crash?
Philippe Martin and Helene Rey
9287: Digital Dispersion: An Industrial and Geographic Census of Commerical Internet Use
Chris Forman , Avi Goldfarb and Shane Mitchell Greenstein
9286: Margin Calls, Trading Costs, and Asset Prices in Emerging Markets: The Finanical Mechanics of the 'Sudden Stop' Phenomenon
Enrique G. Mendoza and Katherine Abigail Smith
9285: A Gravity Model of Sovereign Lending: Trade, Default and Credit
Andrew Kenan Rose and Mark M Spiegel
9284: The Benefits of the Home Mortgage Interest Deduction
Edward Ludwig Glaeser and Jesse Shapiro
9283: Prices vs. Quantities vs. Tradable Quantities
Roberton C. Williams
9282: After the Big Bang? Obstacles to the Emergence of the Rule of Law in Post-Communist Societies
Karla Hoff and Joseph E. Stiglitz
9281: Is Health Insurance Affordable for the Uninsured?
M. Kate Bundorf and Mark V. Pauly
9280: Does Medicare Benefit the Poor? New Answers to an Old Question
Jay Bhattacharya and Darius Lakdawalla
9279: Mergers as Reallocation
Boyan Jovanovic and Peter Rousseau
9278: The Stability and Growth Pact as an Impediment to Privatizing Social Security
Assaf Razin and Efraim Sadka
9277: Anomalies and Market Efficiency
G. William Schwert
9276: Still Fettered After All These Years
Barry Julian Eichengreen
9275: Mutual Fund Flows and Performance in Rational Markets
Jonathan B. Berk and Richard C. Green
9274: The Evolution of Economic Understanding and Postwar Stabilization Policy
Christina Duckworth Romer and David Romer
9273: Do We Really Know that the WTO Increases Trade?
Andrew Kenan Rose
9272: Information Technology Externalities: Empirical Evidence from 42 U.S. Industries
Sung-Bae Mun and M. Ishaq Nadiri
9271: Federal Terrorism Risk Insurance
Jeffrey Robert Brown , Randall S. Kroszner and Brian H. Jenn
9270: Closing Small Open Economy Models
Stephanie Schmitt-Grohé and Martín Uribe
9269: Competition and Innovation: An Inverted U Relationship
Philippe Aghion , Nicholas Bloom , Richard Blundell , Rachel Griffith and Peter Howitt
9268: Asset Allocation and Asset Location: Household Evidence from the Survey of Consumer Finances
Daniel Baird Bergstresser and James Poterba
9267: Decomposing Productivity Growth in the U.S. Computer Industry
Hyunbae Chun and M. Ishaq Nadiri
9266: The High Demand for International Reserves in the Far East: What's Going On?
Joshua Aizenman and Nancy P. Marion
9265: Short and Long Run Decompositions of OECD Wage Inequality Changes
Terence Huw Edwards and John Whalley
9264: What is the Price of Hubris? Using Takeover Battles to Infer Overpayments and Synergies
Pekka Hietala , Steven Neil Kaplan and David T. Robinson
9263: How Important are Classroom Peer Effects? Evidence from Boston's Metco Program
Joshua D Angrist and Kevin Lang
9262: Determinants of Real House Price Dynamics
Dennis R. Capozza , Patric H. Hendershott , Charlotte Mack and Christopher Mayer
9261: Exchange Rates and Casualties During the First World War
George John Hall
9260: Transparency and International Investor Behavior
R. Gaston Gelos and Shang-Jin Wei
9259: Factor Endowments, Inequality, and Paths of Development Among New World Economics
Stanley L Engerman and Kenneth L. Sokoloff
9258: Redistribution Policy: A European Model
Alessandra Casella
9257: The Great Exchange Rate Debate After Argentina
Sebastian Edwards
9256: Redistribution and Insurance: Mandatory Annuitization with Mortality Heterogeneity
Jeffrey Robert Brown
9255: The Role of Information in Driving FDI: Theory and Evidence
Assaf Razin , Ashoka Mody and Efraim Sadka
9254: The Labour Market in the New Information Economy
Richard B. Freeman
9253: Corporate Demand for Liquidity
Heitor Almeida , Murillo Campello and Michael Steven Weisbach
9252: Firm-Specific Resources, Financial-Market Development and the Growth of U.S. Multinationals
Susan Feinberg and Gordon M. Phillips
9251: Financial Market Runs
Antonio E. Bernardo and Ivo Welch
9250: The Role of Company Stock in Defined Contribution Plans
Olivia S. Mitchell and Stephen P. Utkus
9249: Rational Addiction, Peer Externalities and Long Run Effects of Public Policy
Donald S. Kenkel , Robert R. Reed and Ping Wang
9248: Optimal Drug Policy in Low-Income Neighborhoods
Sheng-Wen Chang , N. Edward Coulson and Ping Wang
9247: An Economic Analysis of Adult Obesity: Results from the Behavioral Risk Factor Surveillance System
Shin-Yi Chou , Michael Grossman and Henry Saffer
9246: Information Content of Equity Analyst Reports
Paul Asquith , Michael B. Mikhail and Andrea S. Au
9245: The Effect of Cigarette Excise Taxes on Smoking Before, During and After Pregnancy
Greg Coleman , Michael Grossman and Ted Joyce
9244: I Did What Last Night?!!! Adolescent Risky Sexual Behaviors and Substance Use
Michael Grossman and Sara Markowitz
9243: Frictions and Tax-Motivated Hedging: An Empirical Exploration of Publicly-Traded Exchangeable Securities
William M. Gentry and David M. Schizer
9242: International Migration, Self-Selection, and the Distribution of Wages: Evidence from Mexico and the United States
Daniel Chiquiar and Gordon Hanson
9241: The Persistence of Emerging Market Equity Flows
Jessica Tjornhom Donohue and Kenneth A. Froot
9240: Decomposing the Twin-peaks in the World Distribution of Output-per-worker
Paul Beaudry , Fabrice Collard and David A. Green
9239: Political Ideology and Endogenous Trade Policy: An Empirical Investigation
Pushan Dutt and Devashish Mitra
9238: Access to Physician Services: Does Supplemental Insurance Matter? Evidence from France
Thomas Buchmueller , Agnes Couffinhal , Michel Louis Grignon and Marc Perronin
9237: People's Opium? Religion and Economic Attitudes
Luigi Guiso , Paola Sapienza and Luigi Zingales
9236: Food Insecurity and Public Assistance
George Borjas
9235: Short-Run Money Demand
Laurence Ball
9234: Marrying Your Mom: Preference Transmission and Women's Labor and Education Choices
Raquel Fernandez , Alessandra Fogli and Claudia Olivetti