NBER Working Papers

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22241: The Division of Labor in Teams: A Conceptual Framework and Application to Collaborations in Science

Carolin Haeussler and Henry Sauermann

22240: Collective Action in an Asymmetric World

Cuicui Chen and Richard Zeckhauser

22239: The Great Recession in the Shadow of the Great Depression: A Review Essay on “Hall of Mirrors: The Great Depression, The Great Recession and the Uses and Misuses Of History”

Lee Ohanian

22238: Digital Currencies, Decentralized Ledgers, and the Future of Central Banking

Max Raskin and David Yermack

22237: Technology and Education: Computers, Software, and the Internet

George Bulman and Robert Fairlie

22236: Global Production with Export Platforms

Felix Tintelnot

22235: Impacts and Determinants of Health Levels in Low-Income Countries

Pascaline Dupas and Edward Miguel

22234: Moral Costs and Rational Choice: Theory and Experimental Evidence

James Cox, John List, Michael Price, Vjollca Sadiraj and Anya Samek

22233: Maternal Education, Parental Investment and Non-Cognitive Skills in Rural China

Jessica Leight and Elaine Liu

22232: Non-durable Consumption and Housing Net Worth in the Great Recession: Evidence from Easily Accessible Data

Greg Kaplan, Kurt Mitman and Giovanni Violante

22231: Democracy for Polarized Committees: The Tale of Blotto's Lieutenants

Alessandra Casella, Jean-François Laslier and Antonin Macé

22230: Macroeconomics of Persistent Slumps

Robert Hall

22229: Family Ruptures, Stress, and the Mental Health of the Next Generation

Petra Persson and Maya Rossin-Slater

22228: Pricing Assets in an Economy with Two Types of People

Roger Farmer

22227: Parental Responses to Child Support Obligations: Evidence from Administrative Data

Maya Rossin-Slater and Miriam Wüst

22226: What Do Test Scores Miss? The Importance of Teacher Effects on Non-Test Score Outcomes

C. Kirabo Jackson

22225: Identifying Ambiguity Shocks in Business Cycle Models Using Survey Data

Anmol Bhandari, Jaroslav Borovička and Paul Ho

22224: Optimal Capital Controls and Real Exchange Rate Policies: A Pecuniary Externality Perspective

Gianluca Benigno, Huigang Chen, Christopher Otrok, Alessandro Rebucci and Eric Young

22223: Deposit Insurance: Theories and Facts

Charles Calomiris and Matthew Jaremski

22222: The Effect of Single-Sex Education on Test Scores, School Completion, Arrests, and Teen Motherhood: Evidence from School Transitions

C. Kirabo Jackson

22221: Compulsory Voting, Turnout, and Government Spending: Evidence from Austria

Mitchell Hoffman, Gianmarco León-Ciliotta and Maria Lombardi

22220: Open Access as a Crude Solution to a Hold-up Problem in the Two-Sided Market for Academic Journals

Mark J. McCabe and Christopher Snyder

22219: Communication in Vertical Markets: Experimental Evidence

Claudia Möllers, Hans-Theo Normann and Christopher Snyder

22218: The Requirements of Jobs: Evidence from a Nationally Representative Survey

Maury Gittleman, Kristen Monaco and Nicole Nestoriak

22217: Multifaceted Aid for Low-Income Students and College Outcomes: Evidence from North Carolina

Charles Clotfelter, Steven W. Hemelt and Helen Ladd

22216: Newer Need Not be Better: Evaluating the Penn World Tables and the World Development Indicators Using Nighttime Lights

Maxim Pinkovskiy and Xavier Sala-i-Martin

22215: Labor Supply in the Past, Present, and Future: a Balanced-Growth Perspective

Timo Boppart and Per Krusell

22214: Federal Coal Program Reform, the Clean Power Plan, and the Interaction of Upstream and Downstream Climate Policies

Todd Gerarden, W. Spencer Reeder and James Stock

22213: Premium Subsidies, the Mandate, and Medicaid Expansion: Coverage Effects of the Affordable Care Act

Molly Frean, Jonathan Gruber and Benjamin D. Sommers

22212: Distortions in Production Networks

Saki Bigio and Jennifer La’O

22211: Growth of income and welfare in the U.S, 1979-2011

John Komlos

22210: The History and Economics of Safe Assets

Gary Gorton

22209: Who Sold During the Crash of 2008-9? Evidence from Tax-Return Data on Daily Sales of Stock

Jeffrey Hoopes, Patrick Langetieg, Stefan Nagel, Daniel Reck, Joel Slemrod and Bryan Stuart

22208: Volatility Managed Portfolios

Alan Moreira and Tyler Muir

22207: The Long-term Consequences of Teacher Discretion in Grading of High-stakes Tests

Rebecca Diamond and Petra Persson

22206: Disability policies: Reform strategies in a comparative perspective

René Böheim and Thomas Leoni

22205: The 'Pupil' Factory: Specialization and the Production of Human Capital in Schools

Roland Fryer

22204: Who Wants Affordable Housing in their Backyard? An Equilibrium Analysis of Low Income Property Development

Rebecca Diamond and Timothy McQuade

22203: Image Versus Information: Changing Societal Norms and Optimal Privacy

S. Nageeb Ali and Roland Benabou

22202: Who Gets Hired? The Importance of Finding an Open Slot

Edward Lazear, Kathryn Shaw and Christopher T. Stanton

22201: The Economics of Bank Supervision

Thomas Eisenbach, David Lucca and Robert Townsend

22200: The Effect of Weight on Labor Market Outcomes: an Application of Genetic Instrumental Variables

Petri Böckerman, John Cawley, Jutta Viinikainen, Terho Lehtimäki, Suvi Rovio, Ilkka Seppälä, Jaakko Pehkonen and Olli Raitakari

22199: Mortality Inequality: The Good News from a County-Level Approach

Janet Currie and Hannes Schwandt

22198: The 'Real' Explanation of the PPP Puzzle

Nicholas Ford and Charles Horioka

22197: How a Minimum Carbon Price Commitment Might Help to Internalize the Global Warming Externality

Martin Weitzman

22196: The Role of the Growth of Risk-Averse Wealth in the Decline of the Safe Real Interest Rate

Robert Hall

22195: Competition and Bank Liquidity Creation

Liangliang Jiang, Ross Levine and Chen Lin

22194: Are Settlements in Patent Litigation Collusive? Evidence from Paragraph IV Challenges

Eric Helland and Seth Seabury

22193: What Motivates Effort? Evidence and Expert Forecasts

Stefano DellaVigna and Devin Pope

22192: Colonial American Paper Money and the Quantity Theory of Money: An Extension

Farley Grubb

22191: How Migration Can Change Income Inequality?

Assaf Razin and Efraim Sadka

22190: What Explains the Flow of Foreign Fighters to ISIS?

Efraim Benmelech and Esteban Klor

22189: Motivating Effort In Contributing to Public Goods Inside Organizations: Field Experimental Evidence

Andrea Blasco, Olivia S. Jung, Karim R. Lakhani and Michael Menietti

22188: Decomposing Duration Dependence in a Stopping Time Model

Fernando E. Alvarez, Katarína Borovičková and Robert Shimer

22187: The Age Twist in Employers’ Gender Requests: Evidence from Four Job Boards

Miguel Delgado Helleseter, Peter Kuhn and Kailing Shen

22186: Homophily and Transitivity in Dynamic Network Formation

Bryan Graham

22185: Collective Action by Contract: Prior Appropriation and the Development of Irrigation in the Western United States

Bryan Leonard and Gary Libecap

22184: The Impact of the Civil War on Southern Wealth Holders

Brandon Dupont and Joshua Rosenbloom

22183: Bond Risk Premia in Consumption-based Models

Drew Creal and Jing Cynthia Wu

22182: Impacts of the Affordable Care Act on Health Insurance Coverage in Medicaid Expansion and Non-Expansion States

Charles Courtemanche, James Marton, Benjamin Ukert, Aaron Yelowitz and Daniela Zapata

22181: Climate Econometrics

Solomon M. Hsiang

22180: Bias against Novelty in Science: A Cautionary Tale for Users of Bibliometric Indicators

Jian Wang, Reinhilde Veugelers and Paula Stephan

22179: Nutrient Intake: A Cross-National Analysis of Trends and Economic Correlates

Dhaval Dave, Nadia Doytch and Inas Kelly

22178: Does Trade Liberalization with China Influence U.S. Elections?

Yi Che, Yi Lu, Justin Pierce, Peter Schott and Zhigang Tao

22177: Raise Rates to Raise Inflation? Neo-Fisherianism in the New Keynesian Model

Julio Garin, Robert Lester and Eric Sims

22176: Technology, Skill and the Wage Structure

Nancy L. Stokey

22175: Distance and Time Effects in Swedish Commodity Prices, 1732–1914

Mario Crucini and Gregor Smith

22174: Social Mobility and Stability of Democracy: Re-evaluating De Tocqueville

Daron Acemoglu, Georgy Egorov and Konstantin Sonin

22173: Preference for the Workplace, Human Capital, and Gender

Matthew Wiswall and Basit Zafar

22172: Secular Stagnation in the Open Economy

Gauti Eggertsson, Neil R. Mehrotra and Lawrence Summers

22171: Selective Hearing: Physician-Ownership and Physicians' Response to New Evidence

David H. Howard, Guy David and Jason Hockenberry

22170: The Effect of the Patient Protection and Affordable Care Act Medicaid Expansions on Financial Wellbeing

Luojia Hu, Robert Kaestner, Bhashkar Mazumder, Sarah Miller and Ashley Wong

22169: Organizational Complexity and Balance Sheet Management in Global Banks

Nicola Cetorelli and Linda Goldberg

22168: The Importance of Family Income in the Formation and Evolution of Non-Cognitive Skills in Childhood

Jason Fletcher and Barbara Wolfe

22167: Decision Theoretic Approaches to Experiment Design and External Validity

Abhijit Banerjee, Sylvain Chassang and Erik Snowberg

22166: Stirring Up a Hornets' Nest: Geographic Distribution of Crime

Sebastian Galiani, Ivan Lopez Cruz and Gustavo Torrens

22165: The Causes and Consequences of Test Score Manipulation: Evidence from the New York Regents Examinations

Thomas Dee, Will Dobbie, Brian A. Jacob and Jonah Rockoff

22164: The Effect of Aid on Growth: Evidence from a Quasi-Experiment

Sebastian Galiani, Stephen Knack, Lixin Xu and Ben Zou

22163: The Limited Macroeconomic Effects of Unemployment Benefit Extensions

Gabriel Chodorow-Reich and Loukas Karabarbounis

22162: Term Structures of Asset Prices and Returns

David Backus, Nina Boyarchenko and Mikhail Chernov

22161: Coordinated Noise Trading: Evidence from Pension Fund Reallocations

Zhi Da, Borja Larrain, Clemens Sialm and José Tessada

22160: Innovation in the Global Firm

L. Kamran Bilir and Eduardo Morales

22159: Temporary Migration and Endogenous Risk Sharing in Village India

Melanie Morten

22158: Paving the Way to Development: Costly Migration and Labor Market Integration

Melanie Morten and Jaqueline Oliveira

22157: Can Currency Competition Work?

Jesus Fernandez-Villaverde and Daniel Sanches

22156: Optimal Contracting with Subjective Evaluation: The Effects of Timing, Malfeasance and Guile

W. Bentley Macleod and Teck Yong Tan

22155: Canary in a Coal Mine: Infant Mortality, Property Values, and Tradeoffs Associated with Mid-20th Century Air Pollution

Karen Clay, Joshua Lewis and Edson Severnini

22154: Differences in Quarterly Utilization-Adjusted TFP by Vintage, with an Application to News Shocks

Eric Sims

22153: Corporate Resilience to Banking Crises: The Roles of Trust and Trade Credit

Ross Levine, Chen Lin and Wensi Xie

22152: The Deposits Channel of Monetary Policy

Itamar Drechsler, Alexi Savov and Philipp Schnabl

22151: Learning, Career Paths, and the Distribution of Wages

Santiago Caicedo, Robert Lucas and Esteban Rossi-Hansberg

22150: Levered Returns

Ivo Welch

22149: Faculty Preferences over Unionization: Evidence from Open Letters at Two Research Universities

Joel Waldfogel

22148: The Real Effects of Liquidity During the Financial Crisis: Evidence from Automobiles

Efraim Benmelech, Ralf R. Meisenzahl and Rodney Ramcharan

22147: Measuring Openness to Trade

Michael Waugh and B Ravikumar

22146: Uninformative Feedback and Risk Taking: Evidence from Retail Forex Trading

Itzhak Ben-David, Justin Birru and Viktor Prokopenya

22145: The Global Spatial Distribution of Economic Activity: Nature, History, and the Role of Trade

J. Vernon Henderson, Tim L. Squires, Adam Storeygard and David Weil

22144: A Conceptual Framework for Understanding Critical Transitions

Lee Alston, Marcus Melo, Bernardo Mueller and Carlos Pereira

22143: Crash Beliefs From Investor Surveys

William Goetzmann, Dasol Kim and Robert Shiller

22142: Are Online and Offline Prices Similar? Evidence from Large Multi-Channel Retailers

Alberto Cavallo