NBER Working Papers

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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

22911: Corrective Policy and Goodhart's Law: The Case of Carbon Emissions from Automobiles

Mathias Reynaert and James Sallee

22910: The Fading American Dream: Trends in Absolute Income Mobility Since 1940

Raj Chetty, David Grusky, Maximilian Hell, Nathaniel Hendren, Robert Manduca and Jimmy Narang

22909: Bombs and Babies: US Navy Bombing Activity and Infant Health in Vieques, Puerto Rico

Gustavo Bobonis, Mark Stabile and Leonardo Tovar

22908: Optimal Taxation and R&D Policies

Ufuk Akcigit, Douglas Hanley and Stefanie Stantcheva

22907: The Effects of Computers on Children’s Social Development and School Participation: Evidence from a Randomized Control Experiment

Robert Fairlie and Ariel Kalil

22906: Regional Distribution and Dynamics of Human Capital in China 1985-2014: Education, Urbanization, and Aging of the Population

Haizheng Li, Junzi He, Qinyi Liu, Barbara M. Fraumeni and Xiang Zheng

22905: Leverage

Tano Santos and Pietro Veronesi

22904: Estimating the Productivity of Community Colleges in Paving the Road to Four-Year Success

Scott Carrell and Michal Kurlaender

22903: Stimulating Housing Markets

David Berger, Nick Turner and Eric Zwick

22902: The Great Recession and Charitable Giving

Jonathan Meer, David H. Miller and Elisa Wulfsberg

22901: Price Regulation, Price Discrimination, and Equality of Opportunity in Higher Education: Evidence from Texas

Rodney Andrews and Kevin Stange

22900: Elite Colleges and Upward Mobility to Top Jobs and Top Incomes

Seth Zimmerman

22899: The Long-Run Effects of Childhood Insurance Coverage: Medicaid Implementation, Adult Health, and Labor Market Outcomes

Andrew Goodman-Bacon

22898: The Effect of Early Education on Social Preferences

Alexander Cappelen, John List, Anya Samek and Bertil Tungodden

22897: Investment-less Growth: An Empirical Investigation

German Gutierrez and Thomas Philippon

22896: Purchasing Power Disparity before 1914

Peter Lindert

22895: Charging Ahead: Prepaid Electricity Metering in South Africa

B. Kelsey Jack and Grant Smith

22894: The History of the Cross Section of Stock Returns

Juhani T. Linnainmaa and Michael Roberts

22893: Activism, Strategic Trading, and Liquidity

Kerry Back, Pierre Collin-Dufresne, Vyacheslav Fos, Tao Li and Alexander Ljungqvist

22892: Bounds on Treatment Effects in Regression Discontinuity Designs with a Manipulated Running Variable

Francois Gerard, Miikka Rokkanen and Christoph Rothe

22891: Relationship Lending and the Great Depression

Jon Cohen, Kinda Hachem and Gary Richardson

22890: Climate Risks and Market Efficiency

Harrison Hong, Frank Weikai Li and Jiangmin Xu

22889: Economic Transformation in Africa from the Bottom Up: Evidence from Tanzania

Xinshen Diao, Josaphat Kweka and Margaret McMillan

22888: Accounting for Business Income in Measuring Top Income Shares: Integrated Accrual Approach Using Individual and Firm Data from Norway

Annette Alstadsæter, Martin Jacob, Wojciech Kopczuk and Kjetil Telle

22887: Health, Human Capital and Domestic Violence

Nicholas Papageorge, Gwyn C. Pauley, Mardge Cohen, Tracey E. Wilson, Barton Hamilton and Robert Pollak

22886: The Behavioralist as Policy Designer: The Need to Test Multiple Treatments to Meet Multiple Targets

Robert Hahn, Robert Metcalfe, David Novgorodsky and Michael Price

22885: Population Growth and Carbon Emissions

Gregory Casey and Oded Galor

22884: Measuring “Schmeduling”

Alex Rees-Jones and Dmitry Taubinsky

22883: Portfolio Choices, Firm Shocks and Uninsurable Wage Risk

Andreas Fagereng, Luigi Guiso and Luigi Pistaferri

22882: Identifying the Benefits from Homeownership: A Swedish Experiment

Paolo Sodini, Stijn Van Nieuwerburgh, Roine Vestman and Ulf von Lilienfeld-Toal

22881: Performance Information and Personnel Decisions in the Public Sector: The Case of School Principals

Julie Cullen, Eric Hanushek, Gregory Phelan and Steven Rivkin