NBER Working Papers

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21910: Infrastructure, Incentives and Institutions

Nava Ashraf, Edward Glaeser and Giacomo Ponzetto

21909: Private Equity's Unintended Dark Side: On the Economic Consequences of Excessive Delistings

Alexander Ljungqvist, Lars Persson and Joacim Tåg

21908: School Quality and the Gender Gap in Educational Achievement

David Autor, David Figlio, Krzysztof Karbownik, Jeffrey Roth and Melanie Wasserman

21907: The Influence of Ancestral Lifeways on Individual Economic Outcomes in Sub-Saharan Africa

Stelios Michalopoulos, Louis Putterman and David Weil

21906: The China Shock: Learning from Labor Market Adjustment to Large Changes in Trade

David Autor, David Dorn and Gordon Hanson

21905: Lack of Selection and Limits to Delegation: Firm Dynamics in Developing Countries

Ufuk Akcigit, Harun Alp and Michael Peters

21904: Reminders & Recidivism: Evidence from Tax Filing & EITC Participation among Low-Income Nonfilers

John Guyton, Dayanand Manoli, Brenda Schafer and Michael Sebastiani

21903: Coasean Bargaining to Address Environmental Externalities

Gary Libecap

21902: Cost-Benefit Analysis of Leaning Against the Wind

Lars Svensson

21901: Violence Against Women: A Cross-cultural Analysis for Africa

Alberto Alesina, Benedetta Brioschi and Eliana La Ferrara

21900: Inequality of Subjective Well-Being as a Comprehensive Measure of Inequality

Leonard Goff, John Helliwell and Guy Mayraz

21899: Winners and Losers in International Trade: The Effects on U.S. Presidential Voting

J. Jensen, Dennis P. Quinn and Stephen Weymouth

21898: On the Desirability of Capital Controls

Jonathan Heathcote and Fabrizio Perri

21897: Monetary Policy According to HANK

Greg Kaplan, Benjamin Moll and Giovanni Violante

21896: The Role of Bequests in Shaping Wealth Inequality: Evidence from Danish Wealth Records

Simon Boserup, Wojciech Kopczuk and Claus Kreiner

21895: Can States Take Over and Turn Around School Districts? Evidence from Lawrence, Massachusetts

Beth E. Schueler, Joshua Goodman and David Deming

21894: Out of Africa: Human Capital Consequences of In Utero Conditions

Victor Lavy, Analia Schlosser and Adi Shany

21893: Moment Inequalities for Multinomial Choice with Fixed Effects

Ariel Pakes and Jack Porter

21892: Wholesale Banking and Bank Runs in Macroeconomic Modelling of Financial Crises

Mark Gertler, Nobuhiro Kiyotaki and Andrea Prestipino

21891: Procrastination in Teams

Joshua Gans and Peter Landry

21890: What We Learn from China's Rising Shadow Banking: Exploring the Nexus of Monetary Tightening and Banks' Role in Entrusted Lending

Kaiji Chen, Jue Ren and Tao Zha

21889: Patents and Research Investments: Assessing the Empirical Evidence

Eric Budish, Benjamin N. Roin and Heidi Williams

21888: Options-Pricing Formula with Disaster Risk

Robert Barro and Gordon Liao

21887: The Evolution of Gender Gaps in Industrialized Countries

Claudia Olivetti and Barbara Petrongolo

21886: Foreigners Knocking on the Door: Trade in China During the Treaty Port Era

Wolfgang Keller, Javier Andres Santiago and Carol Shiue

21885: The Micro Origins of International Business Cycle Comovement

Julian di Giovanni, Andrei Levchenko and Isabelle Mejean

21884: Cables, Sharks and Servers: Technology and the Geography of the Foreign Exchange Market

Barry Eichengreen, Romain Lafarguette and Arnaud Mehl

21883: Global Supply Chains and Trade Policy

Emily Blanchard, Chad Bown and Robert Johnson

21882: Immigration in American Economic History

Ran Abramitzky and Leah Boustan

21881: Colonial Virginia's Paper Money Regime, 1755-1774: Value Decomposition and Performance

Farley Grubb

21880: Liquidity Rules and Credit Booms

Kinda Hachem and Zheng Michael Song

21879: Credit-Market Sentiment and the Business Cycle

David Lopez-Salido, Jeremy Stein and Egon Zakrajšek

21878: International Coordination

Jeffrey Frankel

21877: Social Frictions to Knowledge Diffusion: Evidence from an Information Intervention

Arthur Alik-Lagrange and Martin Ravallion

21876: Tax Policy and Heterogeneous Investment Behavior

Eric Zwick and James Mahon

21875: Multiple Hypothesis Testing in Experimental Economics

John List, Azeem Shaikh and Yang Xu

21874: How do Hours Worked Vary with Income? Cross-Country Evidence and Implications

Alexander Bick, Nicola Fuchs-Schündeln and David Lagakos

21873: Who Receives Medicaid in Old Age? Rules and Reality

Margherita Borella, Mariacristina De Nardi and Eric French

21872: Economic Growth and Convergence, Applied Especially to China

Robert Barro

21871: Rare Events and Long-Run Risks

Robert Barro and Tao Jin

21870: Forecasting Trends in Disability in a Super-Aging Society: Adapting the Future Elderly Model to Japan

Brian K. Chen, Hawre Jalal, Hideki Hashimoto, Sze-Chuan Suen, Karen Eggleston, Michael Hurley, Lena Schoemaker and Jay Bhattacharya

21869: An Illiquid Market in the Desert: Estimating the Cost of Water Trade Restrictions in Northern Chile

Eric Edwards, Oscar Cristi, Gonzalo Edwards and Gary Libecap

21868: Patent Citation Data in Social Science Research: Overview and Best Practices

Adam Jaffe and Gaétan de Rassenfosse

21867: Understanding Inflation as a Joint Monetary-Fiscal Phenomenon

Eric Leeper and Campbell Leith

21866: Fragility of Purely Real Macroeconomic Models

Narayana Kocherlakota

21865: The Causal Effects of Cultural Relevance: Evidence from an Ethnic Studies Curriculum

Thomas Dee and Emily Penner

21864: Secular Labor Reallocation and Business Cycles

Gabriel Chodorow-Reich and Johannes Wieland

21863: Macroeconomic Regimes and Regime Shifts

James Hamilton

21862: Solution and Estimation Methods for DSGE Models

Jesus Fernandez-Villaverde, Juan F Rubio-Ramirez and Frank Schorfheide

21861: Balanced Growth Despite Uzawa

Gene Grossman, Elhanan Helpman, Ezra Oberfield and Thomas Sampson

21860: EU Accession and Foreign Owned Firms in Bulgaria

Zadia Feliciano and Nadia Doytch

21859: Electoral Incentives and the Allocation of Public Funds

Frederico Finan and Maurizio Mazzocco

21858: Disentangling Moral Hazard and Adverse Selection in Private Health Insurance

David Powell and Dana Goldman

21857: Horizontal and Vertical Conflict: Experimental Evidence

Sebastian Galiani, Cheryl Long, Camila Navajas-Ahumada and Gustavo Torrens

21856: America's First Great Moderation

Joseph Davis and Marc Weidenmier

21855: Informational Frictions and Practice Variation: Evidence from Physicians in Training

David C. Chan, Jr

21854: Simplifying Choices in Defined Contribution Retirement Plan Design

Donald Keim and Olivia Mitchell

21853: The 2008 Financial Crisis and the Lack of Retaliatory Trade Intervention

Chunding Li and John Whalley

21852: International Channels of Transmission of Monetary Policy and the Mundellian Trilemma

Helene Rey

21851: The Effect of Disability Insurance Payments on Beneficiaries’ Earnings

Alexander Gelber, Timothy Moore and Alexander Strand

21850: The Wage Impact of the Marielitos: Additional Evidence

George Borjas

21849: Expanding Governance as Development: Evidence on Child Nutrition in the Philippines

Eli Berman, Mitch Downey and Joseph Felter

21848: Behavioral Macroeconomics Via Sparse Dynamic Programming

Xavier Gabaix

21847: Migrants, Ancestors, and Investments

Konrad Burchardi, Thomas Chaney and Tarek Hassan

21846: The Incidence of Mandated Health Insurance: Evidence from the Affordable Care Act Dependent Care Mandate

Gopi Goda, Monica Farid and Jay Bhattacharya

21845: The Decline in the Nutritional Status of the U.S. Antebellum Population at the Onset of Modern Economic Growth

John Komlos and Brian A'Hearn

21844: The Global Diffusion of Ideas

Francisco Buera and Ezra Oberfield

21843: Deadly Embrace: Sovereign and Financial Balance Sheets Doom Loops

Emmanuel Farhi and Jean Tirole

21842: Using Split Samples to Improve Inference about Causal Effects

Marcel Fafchamps and Julien Labonne

21841: Human Capital Investment, Inequality and Economic Growth

Kevin Murphy and Robert Topel

21840: The Interaction and Sequencing of Policy Reforms

Jose Asturias, Sewon Hur, Timothy Kehoe and Kim Ruhl

21839: Free to Choose: Can School Choice Reduce Student Achievement?

Atila Abdulkadiroglu, Parag Pathak and Christopher Walters

21838: Endogenous Volatility at the Zero Lower Bound: Implications for Stabilization Policy

Susanto Basu and Brent Bundick

21837: Contracting out the Last-Mile of Service Delivery: Subsidized Food Distribution in Indonesia

Abhijit Banerjee, Rema Hanna, Jordan C. Kyle, Benjamin Olken and Sudarno Sumarto

21836: Effects of ACA Medicaid Expansions on Health Insurance Coverage and Labor Supply

Robert Kaestner, A. Garrett, Anuj Gangopadhyaya and Caitlyn Fleming

21835: Incentive Design in Education: An Empirical Analysis

Hugh Macartney, Robert McMillan and Uros Petronijevic

21834: Sharing Risk with the Government: How Taxes Affect Corporate Risk Taking

Alexander Ljungqvist, Liandong Zhang and Luo Zuo

21833: Screening and Adverse Selection in Frictional Markets

Benjamin Lester, Ali Shourideh, Venky Venkateswaran and Ariel Zetlin-Jones

21832: The Welfare Effects of Vertical Integration in Multichannel Television Markets

Gregory Crawford, Robin Lee, Michael Whinston and Ali Yurukoglu

21831: An Empirical Analysis of Racial Segregation in Higher Education

Peter Hinrichs

21830: The Minimum Wage and the Great Recession: Evidence from the Current Population Survey

Jeffrey Clemens

21829: The Paradox of Civilization: Pre-Institutional Sources of Security and Prosperity

Ernesto Dal Bó, Pablo Hernandez-Lagos and Sebastián Mazzuca

21828: College Party Culture and Sexual Assault

Jason Lindo, Peter Siminski and Isaac D. Swensen

21827: Changing Faculty Employment at Four-Year Colleges and Universities in the United States

Liang Zhang, Ronald Ehrenberg and Xiangmin Liu

21826: Household Location Decisions and the Value of Climate Amenities

Paramita Sinha, Maureen Cropper and Martha Caulkins

21825: The Personnel Economics of the State

Frederico Finan, Benjamin Olken and Rohini Pande

21824: The Quantity-Quality Trade-off and the Formation of Cognitive and Non-cognitive Skills

Chinhui Juhn, Yona Rubinstein and Andrew Zuppann

21823: Striving for Balance in Economics: Towards a Theory of the Social Determination of Behavior

Karla Hoff and Joseph Stiglitz

21822: Fiscal Analysis is Darned Hard

Eric Leeper

21821: The Political Economy of Government Debt

Alberto Alesina and Andrea Passalacqua

21820: Credit Frictions and Optimal Monetary Policy

Vasco Cúrdia and Michael Woodford

21819: Knowledge of Future Job Loss and Implications for Unemployment Insurance

Nathaniel Hendren

21818: The Welfare Cost of Perceived Policy Uncertainty: Evidence from Social Security

Erzo Luttmer and Andrew Samwick

21817: Financial Integration and Growth in a Risky World

Nicolas Coeurdacier, Helene Rey and Pablo Winant

21816: Measuring the Effects of Unconventional Monetary Policy on Asset Prices

Eric Swanson

21815: The Price Ain’t Right? Hospital Prices and Health Spending on the Privately Insured

Zack Cooper, Stuart V. Craig, Martin Gaynor and John van Reenen

21814: Inflation Targeting Does Not Anchor Inflation Expectations: Evidence from Firms in New Zealand

Saten Kumar, Hassan Afrouzi, Olivier Coibion and Yuriy Gorodnichenko

21813: The Plaza Accord, 30 Years Later

Jeffrey Frankel

21812: Globalization and Its (Dis-)Content: Trade Shocks and Voting Behavior

Christian Dippel, Robert Gold and Stephan Heblich

21811: Productivity and Organization in Portuguese Firms

Lorenzo Caliendo, Giordano Mion, Luca David Opromolla and Esteban Rossi-Hansberg