NBER Working Papers

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23011: The Historical Evolution of the Wealth Distribution: A Quantitative-Theoretic Investigation

Joachim Hubmer, Per Krusell and Anthony Smith

23010: Corporate Control around the World

Gur Aminadav and Elias Papaioannou

23009: Climate Change and Growth Risks

Ravi Bansal, Juan Ochoa and Dana Kiku

23008: Firing Costs, Misallocation, and Aggregate Productivity

José-María Da-Rocha, Marina Tavares and Diego Restuccia

23007: Recent Trends in U.S. Top Income Shares in Tax Record Data Using More Comprehensive Measures of Income Including Accrued Capital Gains

Jeff Larrimore, Richard Burkhauser, Gerald Auten and Philip Armour

23006: To Work for Yourself, for Others, or Not At All? How Disability Benefits Affect the Employment Decisions of Older Veterans

Courtney Coile, Mark Duggan and Audrey Guo

23005: Labor Drops: Experimental Evidence on the Return to Additional Labor in Microenterprises

Suresh De Mel, David McKenzie and Christopher Woodruff

23004: Currency Wars or Efficient Spillovers? A General Theory of International Policy Cooperation

Anton Korinek

23003: The Effect of Education on Overall Fertility

Philip DeCicca and Harry Krashinsky

23002: The Impacts of Neighborhoods on Intergenerational Mobility II: County-Level Estimates

Raj Chetty and Nathaniel Hendren

23001: The Impacts of Neighborhoods on Intergenerational Mobility I: Childhood Exposure Effects

Raj Chetty and Nathaniel Hendren

23000: Growth and Childbearing in the Short- and Long-Run

Shoumitro Chatterjee and Tom Vogl

22999: Inequality in Human Capital and Endogenous Credit Constraints

Rong Hai and James Heckman

22998: Measuring Instructor Effectiveness in Higher Education

Pieter De Vlieger, Brian Jacob and Kevin Stange

22997: Real Estate Bubbles and Urban Development

Edward Glaeser

22996: The Out-of-State Tuition Distortion

Brian Knight and Nathan Schiff

22995: The Effects of Non-Contributory Pensions on Material and Subjective Well Being

Rosangela Bando, Sebastian Galiani and Paul Gertler

22994: A Theory of Bundling Advertisements in Media Markets

Kevin Murphy and Ignacio Palacios-Huerta

22993: The Life-cycle Benefits of an Influential Early Childhood Program

Jorge Luis Garcia, James Heckman, Duncan Ermini Leaf and María José Prados

22992: Killer Incentives: Status Competition and Pilot Performance during World War II

Philipp Ager, Leonardo Bursztyn and Hans-Joachim Voth

22991: Commodity Price Forecasts, Futures Prices and Pricing Models

Gonzalo Cortazar, Cristobal Millard, Hector Ortega and Eduardo S. Schwartz

22990: Financial Frictions and Fluctuations in Volatility

Cristina Arellano, Yan Bai and Patrick Kehoe

22989: Transparency, Reproducibility, and the Credibility of Economics Research

Garret Christensen and Edward Miguel

22988: Child Age and Gender Differences in Food Security in a Low-Income Inner-City Population

Robert Moffitt and David Ribar

22987: Procrastination in the Workplace: Evidence from the U.S. Patent Office

Michael D. Frakes and Melissa F. Wasserman

22986: How Does Technological Change Affect Quality-Adjusted Prices in Health Care? Systematic Evidence from Thousands of Innovations

Kristopher Hult, Sonia Jaffe and Tomas Philipson

22985: Cross-Sectional Patterns of Mortgage Debt during the Housing Boom: Evidence and Implications

Christopher Foote, Lara Loewenstein and Paul Willen

22984: A Structural Analysis of the Effects of the Great Recession on Retirement and Working Longer by Members of Two-Earner Households

Alan Gustman, Thomas L. Steinmeier and Nahid Tabatabai

22983: Fuel Consumption and Gasoline Prices: The Role of Assortative Matching between Households and Automobiles

Spencer Banzhaf and M. Taha Kasim

22982: Asset Managers: Institutional Performance and Smart Betas

Joseph Gerakos, Juhani T. Linnainmaa and Adair Morse

22981: A Passage to America: University Funding and International Students

John Bound, Breno Braga, Gaurav Khanna and Sarah Turner

22980: Blind Tigers and Red-Tape Cocktails: Liquor Control and Homicide in Late-Nineteenth-Century South Carolina

Howard Bodenhorn

22979: Stepping on a Rake: the Fiscal Theory of Monetary Policy

John Cochrane

22978: Discrete Adjustment to a Changing Environment: Experimental Evidence

Mel Win Khaw, Luminita Stevens and Michael Woodford

22977: Who Benefits Most from SNAP? A Study of Food Security and Food Spending

Partha Deb and Christian Gregory

22976: Classification Trees for Heterogeneous Moment-Based Models

Sam Asher, Denis Nekipelov, Paul Novosad and Stephen Ryan

22975: Populism and the Return of the “Paranoid Style”: Some Evidence and a Simple Model of Demand for Incompetence as Insurance against Elite Betrayal

Rafael Di Tella and Julio Rotemberg

22974: A Portrait of Trade in Value Added over Four Decades

Robert Johnson and Guillermo Noguera

22973: Depression for Economists

Jonathan de Quidt and Johannes Haushofer

22972: Beliefs about Gender

Pedro Bordalo, Katherine B. Coffman, Nicola Gennaioli and Andrei Shleifer

22971: Adjustment to Small, Large, and Sunspot Shocks in Open Economies With Stock Collateral Constraints

Stephanie Schmitt-Grohe and Martín Uribe

22970: The Hidden Resources of Women Working Longer: Evidence from Linked Survey-Administrative Data

C. Bee and Joshua Mitchell

22969: The Response of Consumer Spending to Changes in Gasoline Prices

Michael Gelman, Yuriy Gorodnichenko, Shachar Kariv, Dmitri Koustas, Matthew Shapiro, Dan Silverman and Steven Tadelis

22968: The Political Economy of Weak Treaties

Marco Battaglini and Bard Harstad

22967: Where Do Students Go when For-Profit Colleges Lose Federal Aid?

Stephanie R. Cellini, Rajeev Darolia and Lesley Turner

22966: Public Sector Personnel Economics: Wages, Promotions, and the Competence-Control Trade-off

Charles M. Cameron, John M. de Figueiredo and David E. Lewis

22965: Disaggregating the Matching Function

Peter Diamond and Aysegul Sahin

22964: An Energy-centric Theory of Agglomeration

Juan Moreno-Cruz and M. Scott Taylor

22963: Empowering Mothers and Enhancing Early Childhood Investment: Effect on Adults Outcomes and Children Cognitive and Non-Cognitive Skills

Victor Lavy, Giulia Lotti and Zizhong Yan

22962: Industrial Productivity in a Hotter World: The Aggregate Implications of Heterogeneous Firm Investment in Air Conditioning

Joshua Graff Zivin and Matthew Kahn

22961: Knowing When to Ask: The Cost of Leaning In

Christine L. Exley, Muriel Niederle and Lise Vesterlund

22960: The Economic Structure of International Trade-in-Services Agreements

Robert Staiger and Alan O. Sykes

22959: Box Office Buzz: Does Social Media Data Steal the Show from Model Uncertainty When Forecasting for Hollywood?

Steven Lehrer and Tian Xie

22958: Learning, Confidence, and Business Cycles

Cosmin Ilut and Hikaru Saijo

22957: Estimating market power Evidence from the US Brewing Industry

Jan De Loecker and Paul Scott

22956: Energy Efficiency Standards Are More Regressive Than Energy Taxes: Theory and Evidence

Arik Levinson

22955: Agricultural Fires and Infant Health

Marcos A. Rangel and Tom Vogl

22954: A Behavioral New Keynesian Model

Xavier Gabaix

22953: How Destructive is Innovation?

Daniel Garcia-Macia, Chang-Tai Hsieh and Pete Klenow

22952: Some Simple Economics of the Blockchain

Christian Catalini and Joshua Gans

22951: Interfirm Relationships and Business Performance

Jing Cai and Adam Szeidl

22950: Targeting Policies: Multiple Testing and Distributional Treatment Effects

Steven Lehrer, R. Vincent Pohl and Kyungchul Song

22949: Leveling the Playing Field: How Campaign Advertising Can Help Non-Dominant Parties

Horacio Larreguy, John Marshall and James Snyder

22948: Understanding Inflation in India

Laurence Ball, Anusha Chari and Prachi Mishra

22947: Growth Policy, Agglomeration, and (the Lack of) Competition

Wyatt Brooks, Joseph Kaboski and Yao Li

22946: How Large Are the Gains from Economic Integration? Theory and Evidence from U.S. Agriculture, 1880-1997

Arnaud Costinot and Dave Donaldson

22945: Distributional National Accounts: Methods and Estimates for the United States

Thomas Piketty, Emmanuel Saez and Gabriel Zucman

22944: Globalization and Wage Inequality

Elhanan Helpman

22943: Dominant Currency Paradigm

Gita Gopinath, Emine Boz, Camila Casas, Federico Diez, Pierre-Olivier Gourinchas and Mikkel Plagborg-Moller

22942: Older Peoples’ Willingness to Delay Social Security Claiming

Raimond Maurer and Olivia Mitchell

22941: Business Cycles, Investment Shocks, and the "Barro-King" Curse

Guido Ascari, Louis Phaneuf and Eric Sims

22940: Sanitation, Disease Externalities, and Anemia: Evidence From Nepal

Diane Coffey, Michael Geruso and Dean Spears

22939: Asymmetric Effects of Non-Pecuniary Signals on Search and Purchase Behavior for Energy-Efficient Durable Goods

J Holladay, Jacob LaRiviere, David Novgorodsky and Michael Price

22938: Improving the Measurement of Earnings Dynamics

Moira Daly, Dmytro Hryshko and Iourii Manovskii

22937: A Tale of Two Tails: Commuting and the Fuel Price Response in Driving

Kenneth Gillingham and Anders Munk-Nielsen

22936: Commitment vs. Flexibility with Costly Verification

Marina Halac and Pierre Yared

22935: Recent Flattening in the Higher Education Wage Premium: Polarization, Skill Downgrading, or Both?

Robert Valletta

22934: Meet the Oligarchs: Business Legitimacy, State Capacity and Taxation

Rafael Di Tella, Juan Dubra and Alejandro Luis Lagomarsino

22933: Projections and Uncertainties About Climate Change in an Era of Minimal Climate Policies

William Nordhaus

22932: Elections, Ideology, and Turnover in the U.S. Federal Government

Alexander Bolton, John M. de Figueiredo and David E. Lewis

22931: From Proof of Concept to Scalable Policies: Challenges and Solutions, with an Application

Abhijit Banerjee, Rukmini Banerji, James Berry, Esther Duflo, Harini Kannan, Shobhini Mukherji, Marc Shotland and Michael Walton

22930: FDI and Inequality in Vietnam: An Approach with Census Data

John McLaren and Myunghwan Yoo

22929: Locked in by Leverage: Job Search during the Housing Crisis

Jennifer Brown and David A. Matsa

22928: Books or Laptops? The Cost-Effectiveness of Shifting from Printed to Digital Delivery of Educational Content

Rosangela Bando, Francisco Gallego, Paul Gertler and Dario Romero

22927: Educational Homogamy and Assortative Mating Have Not Increased

Rania Gihleb and Kevin Lang

22926: High-Skilled Migration and Agglomeration

Sari Pekkala Kerr, William Kerr, Caglar Ozden and Christopher Parsons

22925: Are Fuel Economy Standards Regressive?

Lucas Davis and Christopher Knittel

22924: Why Does Capital No Longer Flow More to the Industries with the Best Growth Opportunities?

Dong Lee, Han Shin and René Stulz

22923: Disrupting Education? Experimental Evidence on Technology-Aided Instruction in India

Karthik Muralidharan, Abhijeet Singh and Alejandro Ganimian

22922: Automated Economic Reasoning with Quantifier Elimination

Casey Mulligan

22921: Coal Smoke and the Costs of the Industrial Revolution

W Hanlon

22920: Labor Supply Elasticities: Overcoming Nonclassical Measurement Error Using More Accurate Hours Data

Garry Barrett and Daniel Hamermesh

22919: A Poor Means Test? Econometric Targeting in Africa

Caitlin Brown, Martin Ravallion and Dominique van de Walle

22918: Disappearing Routine Jobs: Who, How, and Why?

Guido Matias Cortes, Nir Jaimovich and Henry Siu

22917: Improving the Quality of Choices in Health Insurance Markets

Jason Abaluck and Jonathan Gruber

22916: The Demand for Bad Policy when Voters Underappreciate Equilibrium Effects

Ernesto Dal Bó, Pedro Dal Bó and Erik Eyster

22915: Evidence on the Relationship between Recruiting and Starting Wage

Jason Faberman and Guido Menzio

22914: Fracking, Drilling, and Asset Pricing: Estimating the Economic Benefits of the Shale Revolution

Erik Gilje, Robert Ready and Nikolai Roussanov

22913: The New Lifecycle of Women’s Employment: Disappearing Humps, Sagging Middles, Expanding Tops

Claudia Goldin and Joshua Mitchell

22912: Drug Shortages, Pricing, and Regulatory Activity

Christopher Stomberg