NBER Working Papers

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23827: Ethnic Differences in Demographic Behavior in the United States: What Can We Learn from Vital Statistics about Inequality?

Michael Haines

23826: A Simple Approximation for Evaluating External Validity Bias

Isaiah Andrews and Emily Oster

23825: Two Great Trade Collapses: The Interwar Period & Great Recession Compared

Kevin O'Rourke

23824: Allocating Effort and Talent in Professional Labor Markets

Gadi Barlevy and Derek Neal

23823: Attention Manipulation and Information Overload

Petra Persson

23822: How Segregated is Urban Consumption?

Donald Davis, Jonathan Dingel, Joan Monras and Eduardo Morales

23821: March Madness: NCAA Tournament Participation and College Alcohol Use

Dustin White, Benjamin Cowan and Jadrian Wooten

23820: Smoking, Health Capital, and Longevity: Evaluation of Personalized Cessation Treatments in a Lifecycle Model with Heterogeneous Agents

Li-Shiun Chen, Ping Wang and Yao Yao

23819: Rural-Urban Migration, Structural Transformation, and Housing Markets in China

Carlos Garriga, Aaron Hedlund, Yang Tang and Ping Wang

23818: The U.S. Shale Oil Boom, the Oil Export Ban, and the Economy: A General Equilibrium Analysis

Nida Cakir Melek, Michael Plante and Mine Yucel

23817: Signaling to Experts

Pablo Kurlat and Florian Scheuer

23816: Is There Still Son Preference in the United States?

Francine Blau, Lawrence Kahn, Peter Brummund, Jason Cook and Miriam Larson-Koester

23815: Search Engines and Data Retention: Implications for Privacy and Antitrust

Lesley Chiou and Catherine Tucker

23814: Mis-classified, Binary, Endogenous Regressors: Identification and Inference

Francis DiTraglia and Camilo García-Jimeno

23813: Racial Segregation and Southern Lynching

Lisa Cook, Trevon Logan and John Parman

23812: Changes in Corporate Governance and Top Executive Turnover: The Evidence from Japan

Hideaki Miyajima, Ryo Ogawa and Takuji Saito

23811: Complementary Bias: A Model of Two-Sided Statistical Discrimination

Ashley Craig and Roland Fryer

23810: Multi-generational Impacts of Childhood Access to the Safety Net: Early Life Exposure to Medicaid and the Next Generation’s Health

Chloe East, Sarah Miller, Marianne Page and Laura Wherry

23809: Anomalies Abroad: Beyond Data Mining

Xiaomeng Lu, Robert Stambaugh and Yu Yuan

23808: Network-Mediated Knowledge Spillovers: A Cross-Country Comparative Analysis of Information Security Innovations

Lee Branstetter, Neil Gandal and Nadav Kuniesky

23807: Water, Health and Wealth

Nava Ashraf, Edward Glaeser, Abraham Holland and Bryce Steinberg

23806: Should Robots be Taxed?

Joao Guerreiro, Sergio Rebelo and Pedro Teles

23805: Who Owns the Wealth in Tax Havens? Macro Evidence and Implications for Global Inequality

Annette Alstadsæter, Niels Johannesen and Gabriel Zucman

23804: Enjoying the Quiet Life: Corporate Decision-Making by Entrenched Managers

Naoshi Ikeda, Kotaro Inoue and Sho Watanabe

23803: The Effects of Graduation Requirements on Risky Health Behaviors of High School Students

Zhuang Hao and Benjamin Cowan

23802: How do Credit Supply Shocks Affect the Real Economy? Evidence from the United States in the 1980s

Atif Mian, Amir Sufi and Emil Verner

23801: Market Power, Production (Mis)Allocation and OPEC

John Asker, Allan Collard-Wexler and Jan De Loecker

23800: The Origins of Financial Development: How the African Slave Trade Continues to Influence Modern Finance

Ross Levine, Chen Lin and Wensi Xie

23799: Understanding the Rise in Corporate Cash: Precautionary Savings or Foreign Taxes

Michael W. Faulkender, Kristine Hankins and Mitchell Petersen

23798: FinTech Adoption Across Generations: Financial Fitness in the Information Age

Bruce Carlin, Arna Olafsson and Michaela Pagel

23797: Long-Term Care in Latin America and the Caribbean? Theory and Policy Considerations

Martín Caruso, Sebastian Galiani and Pablo Ibarraran

23796: Uncertainty Shocks as Second-Moment News Shocks

David Berger, Ian Dew-Becker and Stefano Giglio

23795: Where Modern Macroeconomics Went Wrong

Joseph Stiglitz

23794: Structural Transformation, Deep Downturns, and Government Policy

Joseph Stiglitz

23793: Can Financial Incentives Reduce the Baby Gap? Evidence from a Reform in Maternity Leave Benefits

Anna Raute

23792: High-Dosage Tutoring and Reading Achievement: Evidence from New York City

Roland Fryer and Meghan Howard Noveck

23791: The Accident Externality from Trucking

Lucija Muehlenbachs, Stefan Staubli and Ziyan Chu

23790: Tarnishing the Golden and Empire States: Land-Use Restrictions and the U.S. Economic Slowdown

Kyle Herkenhoff, Lee Ohanian and Edward Prescott

23789: Fiscal Stimulus and Fiscal Sustainability

Alan Auerbach and Yuriy Gorodnichenko

23788: How was the Quantitative Easing Program of the 1930s Unwound?

Matthew Jaremski and Gabriel Mathy

23787: Rational Inattention and Sequential Information Sampling

Benjamin Hebert and Michael Woodford

23786: The Second Era of Globalization is Not Yet Over: An Historical Perspective

Michael Bordo

23785: Historical Antisemitism, Ethnic Specialization, and Financial Development

Francesco D’Acunto, Marcel Prokopczuk and Michael Weber

23784: The Mortgage Rate Conundrum

Alejandro Justiniano, Giorgio Primiceri and Andrea Tambalotti

23783: The Paper Money of Colonial North Carolina, 1712-1774

Cory Cutsail and Farley Grubb

23782: Are Ideas Getting Harder to Find?

Nicholas Bloom, Charles Jones, John van Reenen and Michael Webb

23781: Access to Long-Term Care After a Wealth Shock: Evidence from the Housing Bubble and Burst

Joan Costa-Font, Richard Frank and Katherine Swartz

23780: The Revolution of Information Economics: The Past and the Future

Joseph Stiglitz

23779: The Effects of Marijuana Liberalizations: Evidence from Monitoring the Future

Angela Dills, Sietse Goffard and Jeffrey Miron

23778: Pricing when Customers Care about Fairness but Misinfer Markups

Erik Eyster, Kristof Madarasz and Pascal Michaillat

23777: How Wide Is the Firm Border?

Enghin Atalay, Ali Hortacsu, Mary Jialin Li and Chad Syverson

23776: Biased Monitors: Corporate Governance When Managerial Ability is Mis-assessed

Benjamin Hermalin

23775: Personalized Pricing and Consumer Welfare

Jean-Pierre Dubé and Sanjog Misra

23774: Learning by Ruling and Trade Disputes

Giovanni Maggi and Robert Staiger

23773: Gravity in FX R-Squared: Understanding the Factor Structure in Exchange Rates

Hanno Lustig and Robert Richmond

23772: Tax Evasion and Inequality

Annette Alstadsæter, Niels Johannesen and Gabriel Zucman

23771: Strategy-proofness in the Large

Eduardo Azevedo and Eric Budish

23770: Primary-Market Auctions for Event Tickets: Eliminating the Rents of 'Bob the Broker'?

Aditya Bhave and Eric Budish

23769: High School Choices and the Gender Gap in STEM

David Card and A. Payne

23768: Reproductive Health Care in Catholic-Owned Hospitals

Elaine Hill, David Slusky and Donna Ginther

23767: The Evolution of Corporate Cash

John R. Graham and Mark T. Leary

23766: Financialization in Commodity Markets

Varadarajan Chari and Lawrence Christiano

23765: The Impact of Partial-Year Enrollment on the Accuracy of Risk Adjustment Systems: A Framework and Evidence

Keith Ericson, Kimberley Geissler and Benjamin Lubin

23764: Global Macro Risks in Currency Excess Returns

Kimberly Berg and Nelson Mark

23763: Early Childhood Health Shocks and Adult Wellbeing: Evidence from Wartime Britain

Jeffrey Schiman, Robert Kaestner and Anthony T. Lo Sasso

23762: Federalism, Partial Prohibition, and Cross-Border Sales: Evidence from Recreational Marijuana

Benjamin Hansen, Keaton Miller and Caroline Weber

23761: Social Capital and Prosocial Behaviour as Sources of Well-Being

John Helliwell, Lara B. Aknin, Hugh Shiplett, Haifang Huang and Shun Wang

23760: Public Insurance and Psychotropic Prescription Medications for Mental Illness

Johanna Maclean, Benjamin L. Cook, Nicholas Carson and Michael Pesko

23759: The U.S. Treasury Premium

Wenxin Du, Joanne Im and Jesse Schreger

23758: Uncompensated Care and the Collapse of Hospital Payment Regulation: An Illustration of the Tinbergen Rule

Jeffrey Clemens and Benedic Ippolito

23757: Trade and Investment in the Global Economy

James Anderson, Mario Larch and Yoto Yotov

23756: Taken by Storm: Hurricanes, Migrant Networks, and U.S. Immigration

Parag Mahajan and Dean Yang

23755: The Complexity of Bank Holding Companies: A Topological Approach

Mark Flood, Dror Y. Kenett, Robin L. Lumsdaine and Jonathan K. Simon

23754: Does It Matter If Statistical Agencies Frame the Month’s CPI Reporton a 1-Month or 12-month Basis?

Jeffrey Frankel and Ayako Saiki

23753: The Rise and Fall of U.S. Low-Skilled Immigration

Gordon Hanson, Chen Liu and Craig McIntosh

23752: Did the Renewable Fuel Standard Shift Market Expectations of the Price of Ethanol?

Christiane Baumeister, Reinhard Ellwanger and Lutz Kilian

23751: Supply and Shorting in Speculative Markets

Marcel Nutz and Jose Scheinkman

23750: Price Rigidity and the Origins of Aggregate Fluctuations

Ernesto Pasten, Raphael Schoenle and Michael Weber

23749: Management, Supervision, and Health Care: A Field Experiment

Felipe Dunsch, David Evans, Ezinne Eze-Ajoku and Mario Macis

23748: Politics and Health Care Spending in the United States

Zack Cooper, Amanda Kowalski, Eleanor N Powell and Jennifer Wu

23747: Bail-ins and Bail-outs: Incentives, Connectivity, and Systemic Stability

Benjamin Bernard, Agostino Capponi and Joseph Stiglitz

23746: Monetary-Fiscal Interactions and the Euro Area's Malaise

Marek Jarociński and Bartosz Maćkowiak

23745: Leaning Against the Wind: The Role of Different Assumptions About the Costs

Lars Svensson

23744: Education Technology: An Evidence-Based Review

Maya Escueta, Vincent Quan, Andre Joshua Nickow and Philip Oreopoulos

23743: The Gender Unemployment Gap

Stefania Albanesi and Aysegul Sahin

23742: Equilibrium Provider Networks: Bargaining and Exclusion in Health Care Markets

Kate Ho and Robin Lee

23741: Household Finance in China

Russell Cooper and Guozhong Zhu

23740: Credit Growth and the Financial Crisis: A New Narrative

Stefania Albanesi, Giacomo De Giorgi and Jaromir Nosal

23739: Welfare-Consistent Global Poverty Measures

Martin Ravallion and Shaohua Chen

23738: Goal Setting, Academic Reminders, and College Success: A Large-Scale Field Experiment

Christopher R. Dobronyi, Philip Oreopoulos and Uros Petronijevic

23737: Slicing the Pie: Quantifying the Aggregate and Distributional Effects of Trade

Simon Galle, Andres Rodriguez-Clare and Moises Yi

23736: The Impact of Price Caps and Spending Cuts on U.S. Postsecondary Attainment

David Deming and Christopher Walters

23735: Choice of Majors: Are Women Really Different from Men?

Adriana Kugler, Catherine H. Tinsley and Olga Ukhaneva

23734: The Structure and Performance of U.S. Research Joint Ventures: Inferences and Implications from the Advanced Technology Program

James Adams and Albert Link

23733: Race Matters: Income Shares, Income Inequality, and Income Mobility for All U.S. Races

Randall Akee, Maggie R. Jones and Sonya R. Porter

23732: Income and Wealth Distribution in Macroeconomics: A Continuous-Time Approach

Yves Achdou, Jiequn Han, Jean-Michel Lasry, Pierre-Louis Lions and Benjamin Moll

23731: Job Search Behavior among the Employed and Non-Employed

Jason Faberman, Andreas Mueller, Aysegul Sahin and Giorgio Topa

23730: The Rise and Fall of Pellagra in the American South

Karen Clay, Ethan Schmick and Werner Troesken

23729: Social Security Claiming Decisions: Survey Evidence

John B. Shoven, Sita Slavov and David Wise

23728: The Role of Entrepreneurial Human Capital as a Driver of Endogenous Economic Growth

Isaac Ehrlich, Dunli Li and Zhiqiang Liu