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NBER Working Papers

From National Bureau of Economic Research, Inc
National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A..
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32311: Ideology, Incidence and the Political Economy of Fuel Taxes: Evidence from the California 2018 Proposition 6 Downloads
Lucas Epstein and Erich Muehlegger
32310: Effects of Income on Infant Health: Evidence from the Expanded Child Tax Credit and Pandemic Stimulus Checks Downloads
Wei Lyu, George Wehby and Robert Kaestner
32309: Identification of Marginal Treatment Effects using Subjective Expectations Downloads
Joseph S. Briggs, Andrew Caplin, Søren Leth-Petersen and Christopher Tonetti
32308: Changing Central Bank Pressures and Inflation Downloads
Hassan Afrouzi, Marina Halac, Kenneth Rogoff and Pierre Yared
32307: Mortality Burden From Wildfire Smoke Under Climate Change Downloads
Minghao Qiu, Jessica Li, Carlos F. Gould, Renzhi Jing, Makoto Kelp, Marissa Childs, Mathew Kiang, Sam Heft-Neal, Noah Diffenbaugh and Marshall Burke
32306: Taxation of Capital: Capital Levies and Commitment Downloads
Robert Barro and Varadarajan Chari
32305: Bad Luck or Bad Decisions? Macroeconomic Implications of Persistent Heterogeneity in Cognitive Skills and Overconfidence Downloads
Oliver Pfäuti, Fabian Seyrich and Jonathan Zinman
32304: Location Sorting and Endogenous Amenities: Evidence from Amsterdam Downloads
Milena Almagro and Tomás Domínguez-Iino
32303: The Performance of Emerging Markets During the Fed’s Easing and Tightening Cycles: A Cross-Country Resilience Analysis Downloads
Joshua Aizenman, Donghyun Park, Irfan Qureshi, Gazi Uddin and Jamel Saadaoui
32302: The Effect of E-cigarette Taxes on Substance Use Downloads
Dhaval Dave, Yang Liang, Johanna Maclean, Caterina Muratori and Joseph J. Sabia
32301: What Hundreds of Economic News Events Say About Belief Overreaction in the Stock Market Downloads
Francesco Bianchi, Sydney Ludvigson and Sai Ma
32300: Why Do We Dislike Inflation? Downloads
Stefanie Stantcheva
32299: Amazon Self-preferencing in the Shadow of the Digital Markets Act Downloads
Joel Waldfogel
32298: Consumption Dynamics and Welfare Under Non-Gaussian Earnings Risk Downloads
Fatih Guvenen, Serdar Ozkan and Rocio Madera
32297: Does nothing stop a bullet like a job? The effects of income on crime Downloads
Jens Ludwig and Kevin Schnepel
32296: Marginal Returns to Public Universities Downloads
Jack Mountjoy
32295: Beliefs that Entertain Downloads
Ashvin Gandhi, Paola Giuliano, Eric Guan, Quinn Keefer, Chase McDonald, Michaela Pagel and Joshua Tasoff
32294: The Missing Link? Using LinkedIn Data to Measure Race, Ethnic, and Gender Differences in Employment Outcomes at Individual Companies Downloads
Alexander Berry, Elizabeth M. Maloney and David Neumark
32293: Book Value Risk Management of Banks: Limited Hedging, HTM Accounting, and Rising Interest Rates Downloads
João Granja, Erica Xuewei Jiang, Gregor Matvos, Tomasz Piskorski and Amit Seru
32292: The Influence of Occupational Licensing on Workforce Transitions to Retirement Downloads
Yun taek Oh and Morris M. Kleiner
32291: Aggregate Demand Externality and Self-Fulfilling Default Cycles Downloads
Jess Benhabib, Feng Dong, Pengfei Wang and Zhenyang Xu
32290: Contracts with Interdependent Preferences Downloads
Debraj Ray and Marek Weretka
32289: Discrimination During Eviction Moratoria Downloads
Alina Arefeva, Kay Jowers, Qihui Hu and Christopher Timmins
32288: How Does Expropriation Risk Affect Innovation? Downloads
Jose-Miguel Benavente, Claudio Bravo-Ortega, Pablo Egaña-delSol and Bronwyn H. Hall
32287: Blended Finance Downloads
Caroline Flammer, Thomas Giroux and Geoffrey Heal
32286: Promoting Public Health with Blunt Instruments: Evidence from Vaccine Mandates Downloads
Rahi Abouk, John Earle, Johanna Maclean and Sungbin Park
32285: Explorations of Cumulative Advantage Using Data on French Physicists Downloads
Bronwyn H. Hall and Jacques Mairesse
32284: Deposit Insurance, Uninsured Depositors, and Liquidity Risk During Panics Downloads
Matthew Jaremski and Steven Sprick Schuster
32283: Project Development with Delegated Bargaining: The Role of Elevated Hurdle Rates Downloads
John W. Barry, Bruce I. Carlin, Alan D. Crane and John Graham
32282: “Something Works” in U.S. Jails: Misconduct and Recidivism Effects of the IGNITE Program Downloads
Marcella Alsan, Arkey M. Barnett, Peter Hull and Crystal Yang
32281: Anatomy of Technology and Tasks in the Establishment Downloads
Xavier Cirera, Diego Comin and Marcio Cruz
32280: When to Appease and When to Punish: Hitler, Putin, and Hamas Downloads
David Levine and Lee Ohanian
32279: 'Morality and Political Economy' from the Vantage Point of Economics Downloads
Benjamin Enke
32278: Risk-Adjusting the Returns to Private Debt Funds Downloads
Isil Erel, Thomas Flanagan and Michael Weisbach
32277: The Impact of Unions on Wages in the Public Sector: Evidence from Higher Education Downloads
Michael Baker, Yosh Halberstam, Kory Kroft, Alexandre Mas and Derek Messacar
32276: Invoicing Currency Choice: Strategic Complementarities and Currency Matching Downloads
Yushi Yoshida, Junko Shimizu, Takatoshi Ito, Kiyotaka Sato, Taiyo Yoshimi and Uraku Yoshimoto
32275: The Geography of Capital Allocation in the Euro Area Downloads
Roland Beck, Antonio Coppola, Angus Lewis, Matteo Maggiori, Martin Schmitz and Jesse Schreger
32274: Not in My Backyard? The Local Impact of Wind and Solar Parks in Brazil Downloads
Fabian Scheifele and David Popp
32273: Ban-the-Box Laws: Fair and Effective? Downloads
Robert Kaestner and Xufei Wang
32272: Apart but Connected: Online Tutoring, Cognitive Outcomes, and Soft Skills Downloads
Michela Carlana and Eliana La Ferrara
32271: The Distributional Impact of Sectoral Supply and Demand Shifts: A Unified Framework Downloads
Nittai K. Bergman, Nir Jaimovich and Itay Saporta-Eksten
32270: Market Power in Artificial Intelligence Downloads
Joshua Gans
32269: Comprehensive OOS Evaluation of Predictive Algorithms with Statistical Decision Theory Downloads
Jeff Dominitz and Charles Manski
32268: Aggregation, Liquidity, and Asset Prices with Incomplete Markets Downloads
Sebastian Di Tella, Benjamin M. Hébert and Pablo Kurlat
32267: Does Consolidation in Insurer Markets affect Insurance Enrollment and Drug Expenditures? Evidence from Medicare Part D Downloads
Pinka Chatterji, Chun-Yu Ho, Tao Jin and Yichuan Wang
32266: Forced Migration and Refugees: Policies for Successful Economic and Social Integration Downloads
Dany Bahar, Rebecca J. Brough and Giovanni Peri
32265: The Long-Run Impacts of Public Industrial Investment on Local Development and Economic Mobility: Evidence from World War II Downloads
Andrew Garin and Jonathan Rothbaum
32264: Attribute-based Subsidies and Market Power: an Application to Electric Vehicles Downloads
Panle Barwick, Hyuk-Soo Kwon and Shanjun Li
32263: Shortening the Path to Productive Investment: Evidence from Input Fairs and Cash Transfers in Malawi Downloads
Shilpa Aggarwal, Dahyeon Jeong, Naresh Kumar, David Sungho Park, Jonathan Robinson and Alan Spearot
32262: Measuring the Commercial Potential of Science Downloads
Roger Masclans, Sharique Hasan and Wesley M. Cohen
32261: 3D-PCA: Factor Models with Restrictions Downloads
Martin Lettau
32260: Navigating Higher Education Insurance: An Experimental Study on Demand and Adverse Selection Downloads
Sidhya Balakrishnan, Eric Bettinger, Michael Kofoed, Dubravka Ritter, Douglas Webber, Ege Aksu and Jonathan S. Hartley
32259: Effects of COVID-19 Shutdowns on Domestic Violence in the U.S Downloads
Yutong Chen, Amalia Miller, Carmit Segal and Melissa K. Spencer
32258: Tunneling and Hidden Profits in Health Care Downloads
Ashvin Gandhi and Andrew Olenski
32257: The Impact of Municipal Broadband Restrictions on COVID-19 Labor Market Outcomes Downloads
Saket S. Hegde and Jessica Van Parys
32256: Banks in Space Downloads
Ezra Oberfield, Esteban Rossi-Hansberg, Nicholas Trachter and Derek T. Wenning
32255: Scenarios for the Transition to AGI Downloads
Anton Korinek and Donghyun Suh
32254: Regulation of Access, Pricing, and Planning of High Voltage Transmission in the U.S Downloads
Joe DeLosa, Johannes P. Pfeifenberger and Paul Joskow
32253: The Household Equipment Revolution Downloads
Effrosyni Adamopoulou, Jeremy Greenwood and Nezih Guner
32252: Re-assessing the Spatial Mismatch Hypothesis Downloads
David Card, Jesse Rothstein and Moises Yi
32251: Non-robustness of Diffusion Estimates on Networks with Measurement Error Downloads
Arun Chandrasekhar, Paul Goldsmith-Pinkham, Tyler McCormick, Samuel A. Thau and Jerry Wei
32250: Size Matters: Matching Externalities and the Advantages of Large Labor Markets Downloads
Enrico Moretti and Moises Yi
32249: The Effect of Price Caps on Advertising to Physicians: Evidence from the 340b Drug Pricing Program Downloads
Sylvia Hristakeva, Julie Mortimer and Eric Yde
32248: Asset Demand and Real Interest Rates Downloads
Paul Beaudry, Katya Kartashova and Cesaire Meh
32247: Technological Synergies, Heterogeneous Firms, and Uncertainty Shocks Downloads
Jesus Fernandez-Villaverde, Yang Yu and Francesco Zanetti
32246: On the Spatial Determinants of Educational Access Downloads
Francesco Agostinelli, Margaux Luflade and Paolo Martellini
32245: Spillovers and Spillbacks Downloads
Sushant Acharya and Paolo Pesenti
32244: Adaptation Using Financial Markets: Climate Risk Diversification through Securitization Downloads
Matthew Kahn, Amine Ouazad and Erkan Yönder
32243: Community Engagement with Law Enforcement after High-profile Acts of Police Violence Downloads
Desmond Ang, Panka Bencsik, Jesse M. Bruhn and Ellora Derenoncourt
32242: Competing Narratives in Action: An Empirical Analysis of Model Adoption Dynamics Downloads
Marco Angrisani, Anya Samek and Ricardo Serrano-Padial
32241: Can VAT Cuts and Anti-Profiteering Measures Dampen the Effects of Food Price Inflation? Downloads
Youssef Benzarti, Santiago Garriga and Dario Tortarolo
32240: Within-Firm Pay Inequality and Productivity Downloads
Melanie Wallskog, Nicholas Bloom, Scott Ohlmacher and Cristina Tello-Trillo
32239: Evaluating and Pricing Health Insurance in Lower-income Countries: A Field Experiment in India Downloads
Anup Malani, Cynthia Kinnan, Gabriella Conti, Kosuke Imai, Morgen Miller, Shailender Swaminathan, Alessandra Voena and Bartosz Woda
32238: Sticky Discount Rates Downloads
Masao Fukui, Niels Gormsen and Kilian Huber
32237: Central Banking Post Crises Downloads
Michael Kiley and Frederic Mishkin
32236: The Effect of Early Childhood Programs on Third-Grade Test Scores: Evidence from Transitional Kindergarten in Michigan Downloads
Jordan S. Berne, Brian A. Jacob, Tareena Musaddiq, Anna Shapiro and Christina Weiland
32235: On the Feasibility, Costs, and Benefits of an Immediate Phasedown of Coal for U.S. Electricity Generation Downloads
Stephen P. Holland, Matthew Kotchen, Erin Mansur and Andrew Yates
32234: On Recoding Ordered Treatments as Binary Indicators Downloads
Evan K. Rose and Yotam Shem-Tov
32233: Driving Under the Influence of Allergies: The Effect of Seasonal Pollen on Traffic Fatalities Downloads
Shooshan Danagoulian and Monica Deza
32232: Air Pollution, Wildfire Smoke, and Worker Health Downloads
Marika Cabral and Marcus Dillender
32231: A Practical Guide to Endogeneity Correction Using Copulas Downloads
Yi Qian, Anthony Koschmann and Hui Xie
32230: Sectoral Development Multipliers Downloads
Francisco Buera and Nicholas Trachter
32229: Toward an Understanding of the Returns to Cognitive Skills Across Cohorts Downloads
Judith K. Hellerstein, Sai Luo and Sergio S. Urzúa
32228: The Market and Climate Implications of U.S. LNG Exports Downloads
James H. Stock and Matthew Zaragoza-Watkins
32227: Losing Medicaid and Crime Downloads
Monica Deza, Thanh Lu, Johanna Maclean and Alberto Ortega
32226: Fallow Lengths and the Structure of Property Rights Downloads
Etienne Le Rossignol, Sara Lowes and Eduardo Montero
32225: Corporate Debt, Boom-Bust Cycles, and Financial Crises Downloads
Victoria Ivashina, Sebnem Kalemli-Ozcan, Luc Laeven and Karsten Müller
32224: Health Shocks under Hospital Capacity Constraint: Evidence from Air Pollution in Sao Paulo, Brazil Downloads
Bruna Guidetti, Paula Pereda and Edson Severnini
32223: The Causal Effect of Parents’ Education on Children’s Earnings Downloads
Sang Yoon (Tim) Lee, Nicolas Roys and Ananth Seshadri
32222: Non-Binary Gender Economics Downloads
Katherine B. Coffman, Lucas Coffman and Keith Marzilli Ericson
32221: Are Supply Networks Efficiently Resilient? Downloads
Agostino Capponi, Chuan Du and Joseph Stiglitz
32220: Movies Downloads
Stelios Michalopoulos and Christopher Rauh
32219: Navigating by Falling Stars: Monetary Policy with Fiscally Driven Natural Rates Downloads
Rodolfo Campos, Jesus Fernandez-Villaverde, Galo Nuño Barrau and Peter Paz
32218: Weathering the Storm: Supply Chains and Climate Risk Downloads
Juanma Castro-Vincenzi, Gaurav Khanna, Nicolas Morales and Nitya Pandalai-Nayar
32217: The Feasibility of Using Bayh-Dole March-In Rights to Lower Drug Prices: An Update Downloads
Lisa Ouellette and Bhaven N. Sampat
32216: Equilibrium Responses to Price Controls: A Supply-Chain Approach Downloads
Casey Mulligan
32215: Product Liability Litigation and Innovation: Evidence from Medical Devices Downloads
Alberto Galasso and Hong Luo
32214: Behavioral Sticky Prices Downloads
Sergio Rebelo, Miguel Santana and Pedro Teles
32213: The Puzzling Persistence of Financial Crises Downloads
Charles Calomiris and Matthew Jaremski
32212: Persistent Effects of Social Program Participation on the Third Generation Downloads
Gordon Dahl and Anne Gielen
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