NBER Working Papers

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20281: Decriminalizing Indoor Prostitution: Implications for Sexual Violence and Public Health

Scott Cunningham and Manisha Shah

20280: Hotelling Under Pressure

Soren Anderson, Ryan Kellogg and Stephen Salant

20279: Typhoid Fever, Water Quality, and Human Capital Formation

Brian Beach, Joseph Ferrie, Martin Saavedra and Werner Troesken

20278: Deposit Insurance Database

Asli Demirguc-Kunt, Edward Kane and Luc Laeven

20277: Coordination and Crisis in Monetary Unions

Mark Aguiar, Manuel Amador, Emmanuel Farhi and Gita Gopinath

20276: Tractable and Consistent Random Graph Models

Arun Chandrasekhar and Matthew Jackson

20275: A Market Based Solution to Price Externalities: A Generalized Framework

Weerachart Kilenthong and Robert Townsend

20274: Governance, Risk Management, and Risk-Taking in Banks

René Stulz

20273: Long-Term Unemployment and the Great Recession: The Role of Composition, Duration Dependence, and Non-Participation

Kory Kroft, Fabian Lange, Matthew Notowidigdo and Lawrence Katz

20272: Fertility Decline and Missing Women

Seema Jayachandran

20271: Educational Assortative Mating and Household Income Inequality

Lasse Eika, Magne Mogstad and Basit Zafar

20270: Tales from the Bretton Woods

Michael Bordo

20269: Patents and Cumulative Innovation: Causal Evidence from the Courts

Alberto Galasso and Mark Schankerman

20268: Learning Millennial-Style

Bruce I. Carlin, Li Jiang and Stephen A. Spiller

20267: Mutual Assistance between Federal Reserve Banks, 1913-1960 as Prolegomena to the TARGET2 Debate

Barry Eichengreen, Arnaud Mehl, Livia Chițu and Gary Richardson

20266: Public Goods Provision in the Presence of Heterogeneous Green Preferences

Mark Jacobsen, Jacob LaRiviere and Michael Price

20265: The Liquidity Premium of Near-Money Assets

Stefan Nagel

20264: The Acquisition and Commercialization of Invention in American Manufacturing: Incidence and Impact

Ashish Arora, Wesley M. Cohen and John P. Walsh

20263: A Comparison of Programming Languages in Economics

S. Boragan Aruoba and Jesus Fernandez-Villaverde

20262: Channeling Remittances to Education: A Field Experiment Among Migrants from El Salvador

Kate Ambler, Diego Aycinena and Dean Yang

20261: The Runner-Up Effect

Santosh Anagol and Thomas Fujiwara

20260: The "Business Climate" and Economic Inequality

David Neumark and Jennifer Muz

20259: Social Networks as Contract Enforcement: Evidence from a Lab Experiment in the Field

Arun Chandrasekhar, Cynthia Kinnan and Horacio Larreguy

20258: Beyond Zeroes and Ones: The Intensity and Dynamics of Civil Conflict

Stephen Chaudoin, Zachary Peskowitz and Christopher Stanton

20257: Extremal Quantile Regressions for Selection Models and the Black-White Wage Gap

Xavier D'Haultfoeuille, Arnaud Maurel and Yichong Zhang

20256: Breaking the Glass Ceiling? The Effect of Board Quotas on Female Labor Market Outcomes in Norway

Marianne Bertrand, Sandra Black, Sissel Jensen and Adriana Lleras-Muney

20255: Banks as Secret Keepers

Tri Vi Dang, Gary Gorton, Bengt Holmstrom and Guillermo Ordonez

20254: The Agglomeration of Bankruptcy

Efraim Benmelech, Nittai Bergman, Anna Milanez and Vladimir Mukharlyamov

20253: Guns and Votes

Laurent Bouton, Paola Conconi, Francisco Pino and Maurizio Zanardi

20252: Globalisation, Pass-through and the Optimal Policy Response to Exchange Rates

Michael Devereux and James Yetman

20251: Free to Leave? A Welfare Analysis of Divorce Regimes

Raquel Fernandez and Joyce Cheng Wong

20250: Life Cycle Earnings, Education Premiums and Internal Rates of Return

Manudeep Bhuller, Magne Mogstad and Kjell G Salvanes

20249: Defacto and Deeded Intellectual Property: Knowledge-Driven Co-Evolution of Firm Collaboration Boundaries and IPR Strategy

Lynne Zucker and Michael Darby

20248: Productivity and Potential Output Before, During, and After the Great Recession

John Fernald

20247: Geographic Barriers to Commodity Price Integration: Evidence from US Cities and Swedish Towns, 1732-1860

Mario Crucini and Gregor Smith

20246: Investor Sophistication and Capital Income Inequality

Marcin Kacperczyk, Jaromir Nosal and Luminita Stevens

20245: Measuring the Risk-Return Tradeoff with Time-Varying Conditional Covariances

Esben Hedegaard and Robert Hodrick

20244: Trying to Understand the PPPs in ICP2011: Why are the Results so Different?

Angus Deaton and Bettina Aten

20243: Punishment and Deterrence: Evidence from Drunk Driving

Benjamin Hansen

20242: The Eurocrisis: Muddling Through, or On the Way to a More Perfect Euro Union?

Joshua Aizenman

20241: The Revolving Door and Worker Flows in Banking Regulation

David Lucca, Amit Seru and Francesco Trebbi

20240: Behavioral Indifference Curves

John Komlos

20239: Saving More to Borrow Less: Experimental Evidence from Access to Formal Savings Accounts in Chile

Felipe Kast and Dina Pomeranz

20238: Escaping the Great Recession

Francesco Bianchi and Leonardo Melosi

20237: Optimal Taylor Rules in New Keynesian Models

Christoph Boehm and Christopher House

20236: Global Value Chains and Effective Exchange Rates at the Country-Sector Level

Nikhil Patel, Zhi Wang and Shang-Jin Wei

20235: Transportation Costs and the Spatial Organization of Economic Activity

Stephen Redding and Matthew Turner

20234: Ode to the sea: Workplace Organizations and Norms of Cooperation

Uri Gneezy, Andreas Leibbrandt and John List

20233: Marital Disruption and Health Insurance

H. Elizabeth Peters, Kosali Simon and Jamie Rubenstein Taber

20232: Making the Most of Capital in the 21st Century

Peter Lindert

20231: Revisiting American Exceptionalism: Democracy and the Regulation of Corporate Governance in Nineteenth-Century Pennsylvania

Naomi R. Lamoreaux

20230: Effects of Unconventional Monetary Policy on Financial Institutions

Gabriel Chodorow-Reich

20229: Visual Tools and Narratives: New Ways to Improve Financial Literacy

Annamaria Lusardi, Anya Samek, Arie Kapteyn, Lewis Glinert, Angela Hung and Aileen Heinberg

20228: The Real Exchange Rate in the Long Run: Balassa-Samuelson Effects Reconsidered

Michael Bordo, Ehsan Choudhri, Giorgio Fazio and Ronald MacDonald

20227: The Choice of the Personal Income Tax Base

Roger Gordon and Wojciech Kopczuk

20226: Paying on the Margin for Medical Care: Evidence from Breast Cancer Treatments

Liran Einav, Amy Finkelstein and Heidi Williams

20225: The Price Impact of Joining a Currency Union: Evidence from Latvia

Alberto Cavallo, Brent Neiman and Roberto Rigobon

20224: Monetary Policy Surprises, Credit Costs and Economic Activity

Mark Gertler and Peter Karadi

20223: "Sticker Shock" in Individual Insurance under Health Reform

Mark Pauly, Scott Harrington and Adam Leive

20222: Will Divestment from Employment-Based Health Insurance Save Employers Money? The Case of State and Local Governments

Jeremy D. Goldhaber-Fiebert, David M. Studdert, Monica S. Farid and Jay Bhattacharya

20221: Flaking Out: Student Absences and Snow Days as Disruptions of Instructional Time

Joshua Goodman

20220: Capital Controls and Recovery from the Financial Crisis of the 1930s

Kris James Mitchener and Kirsten Wandschneider

20219: Human Capital and Industrialization: Evidence from the Age of Enlightenment

Mara Squicciarini and Nico Voigtländer

20218: Seasonal Credit Constraints and Agricultural Labor Supply: Evidence from Zambia

Günther Fink, B. Kelsey Jack and Felix Masiye

20217: Trade, Structural Transformation and Development: Evidence from Argentina 1869-1914

Pablo Fajgelbaum and Stephen Redding

20216: The Dictator's Inner Circle

Patrick Francois, Ilia Rainer and Francesco Trebbi

20215: Averting Catastrophes: The Strange Economics of Scylla and Charybdis

Ian Martin and Robert Pindyck

20214: Parenting with Style: Altruism and Paternalism in Intergenerational Preference Transmission

Matthias Doepke and Fabrizio Zilibotti

20213: Bases, Bullets and Ballots: the Effect of U.S. Military Aid on Political Conflict in Colombia

Oeindrila Dube and Suresh Naidu

20212: Pharmaceutical Profits and the Social Value of Innovation

David Dranove, Craig Garthwaite and Manuel Hermosilla

20211: Intensive Math Instruction and Educational Attainment: Long-Run Impacts of Double-Dose Algebra

Kalena Cortes, Joshua Goodman and Takako Nomi

20210: External Equity Financing Shocks, Financial Flows, and Asset Prices

Frederico Belo, Xiaoji Lin and Fan Yang

20209: Misspecified Recovery

Jaroslav Borovička, Lars Hansen and Jose Scheinkman

20208: Premium Transparency in the Medicare Advantage Market: Implications for Premiums, Benefits, and Efficiency

Karen Stockley, Thomas McGuire, Christopher Afendulis and Michael E. Chernew

20207: Banks Are Where The Liquidity Is

Oliver Hart and Luigi Zingales

20206: Heterogeneity in the Value of Life

Joseph Aldy and Seamus J. Smyth

20205: Informality and Development

Rafael La Porta and Andrei Shleifer

20204: International Environmental Agreements among Heterogeneous Countries with Social Preferences

Charles Kolstad

20203: Five Steps to Planning Success. Experimental Evidence from U.S. Households

Aileen Heinberg, Angela A. Hung, Arie Kapteyn, Annamaria Lusardi, Anya Samek and Joanne Yoong

20202: Access to Health Insurance and the Use of Inpatient Medical Care: Evidence from the Affordable Care Act Young Adult Mandate

Yaa Akosa Antwi, Asako S. Moriya and Kosali Simon

20201: Women's Income and Marriage Markets in the United States: Evidence from the Civil War Pension

Laura Salisbury

20200: Saving Europe?: The Unpleasant Arithmetic of Fiscal Austerity in Integrated Economies

Enrique Mendoza, Linda Tesar and Jing Zhang

20199: Testing Asset Pricing Theory on Six Hundred Years of Stock Returns: Prices and Dividends for the Bazacle Company from 1372 to 1946

David le Bris, William Goetzmann and Sébastien Pouget

20198: American Banking and the Transportation Revolution Before the Civil War

Jeremy Atack, Matthew Jaremski and Peter Rousseau

20197: Market Outcomes and Dynamic Patent Buyouts

Alberto Galasso, Matthew Mitchell and Gábor Virág

20196: Impact of Premium Subsidies on the Take-up of Health Insurance: Evidence from the 2009 American Recovery and Reinvestment Act (ARRA)

Asako S. Moriya and Kosali Simon

20195: Income Inequality, Social Mobility, and the Decision to Drop Out of High School

Melissa Kearney and Phillip Levine

20194: Monetary/Fiscal Policy Mix and Agents' Beliefs

Francesco Bianchi and Cosmin Ilut

20193: Information Aggregation in a DSGE Model

Tarek Hassan and Thomas M. Mertens

20192: A General Rationale for a Governmental Role in the Relief of Large Risks

Steven Shavell

20191: Intrahousehold Inequality

Pierre Chiappori and Costas Meghir

20190: Model Disagreement and Economic Outlook

Daniel Andrei, Bruce Carlin and Michael Hasler

20189: Intra-household Welfare

Pierre Chiappori and Costas Meghir

20188: An African Growth Miracle?

Dani Rodrik

20187: On the Fundamental Relation Between Equity Returns and Interest Rates

Jaewon Choi, Matthew P. Richardson and Robert F. Whitelaw

20186: The Value of Transmission in Electricity Markets: Evidence from a Nuclear Power Plant Closure

Lucas Davis and Catherine Hausman

20185: Long-Term Damage from the Great Recession in OECD Countries

Laurence Ball

20184: Grading on a Curve, and other Effects of Group Size on All-Pay Auctions

James Andreoni and Andy Brownback

20183: Quantifying the Lasting Harm to the U.S. Economy from the Financial Crisis

Robert Hall

20182: Social Distance and Quality Ratings in Charity Choice

Alexander Brown, Jonathan Meer and J. Forrest Williams