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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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20340: Information, Misallocation and Aggregate Productivity Downloads
Joel David, Hugo Hopenhayn and Venky Venkateswaran
20339: Inflating Away the Public Debt? An Empirical Assessment Downloads
Jens Hilscher, Alon Raviv and Ricardo Reis
20338: An Exploration of the International Comparison Program's New Global Economic Landscape Downloads
Martin Ravallion
20337: Is the Time Allocated to Review Patent Applications Inducing Examiners to Grant Invalid Patents?: Evidence from Micro-Level Application Data Downloads
Michael D. Frakes and Melissa F. Wasserman
20336: Capital Market Financing, Firm Growth, Firm Size Distribution Downloads
Tatiana Didier, Ross Levine and Sergio Schmukler
20335: The Macroeconomics of Shadow Banking Downloads
Alan Moreira and Alexi Savov
20334: Multiple Pollutants, Uncovered Sectors, and Suboptimal Environmental Policies Downloads
Don Fullerton and Daniel H. Karney
20333: A Model to Evaluate Vehicle Emission Incentive Policies in Japan Downloads
Don Fullerton, Li Gan and Miwa Hattori
20332: Medical Marijuana Laws and Teen Marijuana Use Downloads
D. Mark Anderson, Benjamin Hansen and Daniel Rees
20331: Measuring the Unequal Gains from Trade Downloads
Pablo Fajgelbaum and Amit Khandelwal
20330: Health Care Adherence and Personalized Medicine Downloads
Mark Egan and Tomas Philipson
20329: Should Student Employment Be Subsidized? Conditional Counterfactuals and the Outcomes of Work-Study Participation Downloads
Judith Scott-Clayton and Veronica Minaya
20328: Implications of Heterogeneity in Preferences, Beliefs and Asset Trading Technologies for the Macroeconomy Downloads
YiLi Chien, Harold Cole and Hanno Lustig
20327: Barriers to Electrification for "Under Grid" Households in Rural Kenya Downloads
Kenneth Lee, Eric Brewer, Carson Christiano, Francis Meyo, Edward Miguel, Matthew Podolsky, Javier Rosa and Catherine Wolfram
20326: Growth, Import Dependence and War Downloads
Roberto Bonfatti and Kevin O'Rourke
20325: Finite Population Causal Standard Errors Downloads
Alberto Abadie, Susan Athey, Guido Imbens and Jeffrey Wooldridge
20324: Presidents and the U.S. Economy: An Econometric Exploration Downloads
Alan Blinder and Mark Watson
20323: Trade Liberalization, Quality, and Export Prices Downloads
Haichao Fan, Yao Li and Stephen Yeaple
20322: Patent Trolls: Evidence from Targeted Firms Downloads
Lauren Cohen, Umit Gurun and Scott Kominers
20321: When Incentives Matter Too Much: Explaining Significant Responses to Irrelevant Information Downloads
Tom Ahn and Jacob Vigdor
20320: Time Preferences and Consumer Behavior Downloads
W. David Bradford, Charles Courtemanche, Garth Heutel, Patrick McAlvanah and Christopher Ruhm
20319: Risk and Ambiguity in Models of Business Cycles Downloads
David Backus, Axelle Ferriere and Stanley Zin
20318: Applying Insights from Behavioral Economics to Policy Design Downloads
Brigitte Madrian
20317: The Gradients of Power: Evidence from the Chinese Housing Market Downloads
Hanming Fang, Quanlin Gu and Li-An Zhou
20316: A Surplus of Ambition: Can Europe Rely on Large Primary Surpluses to Solve its Debt Problem? Downloads
Barry Eichengreen and Ugo Panizza
20315: Corruption, Intimidation, and Whistle-blowing: a Theory of Inference from Unverifiable Reports Downloads
Sylvain Chassang and Gerard Padró i Miquel
20314: The Twin Ds: Optimal Default and Devaluation Downloads
Seunghoon Na, Stephanie Schmitt-Grohe, Martín Uribe and Vivian Yue
20313: Do Large Modern Retailers Pay Premium Wages? Downloads
Brianna Cardiff-Hicks, Francine Lafontaine and Kathryn Shaw
20312: Serial Entrepreneurship: Learning by Doing? Downloads
Francine Lafontaine and Kathryn Shaw
20311: An Econometric Evaluation of Competing Explanations for The Midterm Gap Downloads
Brian Knight
20310: Loans on sale: Credit market seasonality, borrower need, and lender rents Downloads
Justin Murfin and Mitchell Petersen
20309: Social Structure and Institutional Design: Evidence from a Lab Experiment in the Field Downloads
Emily Breza, Arun Chandrasekhar and Horacio Larreguy
20308: Expanding the School Breakfast Program: Impacts on Children's Consumption, Nutrition and Health Downloads
Diane Schanzenbach and Mary Zaki
20307: The Micro and Macro of Disappearing Routine Jobs: A Flows Approach Downloads
Guido Matias Cortes, Nir Jaimovich, Christopher Nekarda and Henry Siu
20306: The Persistence and Heterogeneity of Health among Older Americans Downloads
Florian Heiss, Steven Venti and David Wise
20305: Firms' Sickness Costs and Workers' Sickness Absences Downloads
René Böheim and Thomas Leoni
20304: Holy Cows or Cash Cows? Downloads
Orazio Attanasio and Britta Augsburg
20303: Identifying Long-Run Risks: A Bayesian Mixed-Frequency Approach Downloads
Frank Schorfheide, Dongho Song and Amir Yaron
20302: The Impact of Rainfall on Rice Output in Indonesia Downloads
David Levine and Dean Yang
20301: Inducing Leaders to Take Risky Decisions: Dismissal, Tenure, and Term Limits Downloads
Philippe Aghion and Matthew Jackson
20300: Employee Satisfaction, Labor Market Flexibility, and Stock Returns Around The World Downloads
Alex Edmans, Lucius Li and Chendi Zhang
20299: The Fiscal Cost of Weak Governance: Evidence from Teacher Absence in India Downloads
Karthik Muralidharan, Jishnu Das, Alaka Holla and Aakash Mohpal
20298: The Long-Run Effects of a Public Policy on Alcohol Tastes and Mortality Downloads
Lorenz Kueng and Evgeny Yakovlev
20297: Financial Literacy and Retirement Planning in Canada Downloads
David Boisclair, Annamaria Lusardi and Pierre-Carl Michaud
20296: The Value of Brownfield Remediation Downloads
Kevin Haninger, Lala Ma and Christopher Timmins
20295: Do Pharmacists Buy Bayer? Informed Shoppers and the Brand Premium Downloads
Bart J. Bronnenberg, Jean-Pierre Dubé, Matthew Gentzkow and Jesse Shapiro
20294: Forward and Spot Exchange Rates in a Multi-currency World Downloads
Tarek Hassan and Rui Mano
20293: A Model of Dynamic Limit Pricing with an Application to the Airline Industry Downloads
Christopher Gedge, James W. Roberts and Andrew Sweeting
20292: Do "Reverse Payment" Settlements of Brand-Generic Patent Disputes in the Pharmaceutical Industry Constitute an Anticompetitive Pay for Delay? Downloads
Keith M. Drake, Martha Starr and Thomas McGuire
20291: Unhappy Cities Downloads
Edward Glaeser, Joshua Gottlieb and Oren Ziv
20290: What Policies Increase Prosocial Behavior? An Experiment with Referees at the Journal of Public Economics Downloads
Raj Chetty, Emmanuel Saez and László Sándor
20289: Who Benefits from State Corporate Tax Cuts? A Local Labor Markets Approach with Heterogeneous Firms Downloads
Juan Carlos Suárez Serrato and Owen Zidar
20288: Banks as Patient Fixed-Income Investors Downloads
Samuel Hanson, Andrei Shleifer, Jeremy Stein and Robert Vishny
20287: Housing, Finance and the Macroeconomy Downloads
Morris Davis and Stijn Van Nieuwerburgh
20286: International Banking and Liquidity Risk Transmission: Lessons from Across Countries Downloads
Claudia Buch and Linda Goldberg
20285: Liquidity Risk and U.S. Bank Lending at Home and Abroad Downloads
Ricardo Correa, Linda Goldberg and Tara Rice
20284: Improving Educational Outcomes in Developing Countries: Lessons from Rigorous Impact Evaluations Downloads
Alejandro Ganimian and Richard Murnane
20283: The Prison Boom and the Lack of Black Progress after Smith and Welch Downloads
Derek Neal and Armin Rick
20282: The Shorting Premium and Asset Pricing Anomalies Downloads
Itamar Drechsler and Qingyi Freda Drechsler
20281: Decriminalizing Indoor Prostitution: Implications for Sexual Violence and Public Health Downloads
Scott Cunningham and Manisha Shah
20280: Hotelling Under Pressure Downloads
Soren Anderson, Ryan Kellogg and Stephen Salant
20279: Typhoid Fever, Water Quality, and Human Capital Formation Downloads
Brian Beach, Joseph Ferrie, Martin Saavedra and Werner Troesken
20278: Deposit Insurance Database Downloads
Asli Demirguc-Kunt, Edward Kane and Luc Laeven
20277: Coordination and Crisis in Monetary Unions Downloads
Mark Aguiar, Manuel Amador, Emmanuel Farhi and Gita Gopinath
20276: Tractable and Consistent Random Graph Models Downloads
Arun Chandrasekhar and Matthew Jackson
20275: A Market Based Solution to Price Externalities: A Generalized Framework Downloads
Weerachart Kilenthong and Robert Townsend
20274: Governance, Risk Management, and Risk-Taking in Banks Downloads
René Stulz
20273: Long-Term Unemployment and the Great Recession: The Role of Composition, Duration Dependence, and Non-Participation Downloads
Kory Kroft, Fabian Lange, Matthew Notowidigdo and Lawrence Katz
20272: Fertility Decline and Missing Women Downloads
Seema Jayachandran
20271: Educational Assortative Mating and Household Income Inequality Downloads
Lasse Eika, Magne Mogstad and Basit Zafar
20270: Tales from the Bretton Woods Downloads
Michael Bordo
20269: Patents and Cumulative Innovation: Causal Evidence from the Courts Downloads
Alberto Galasso and Mark Schankerman
20268: Learning Millennial-Style Downloads
Bruce I. Carlin, Li Jiang and Stephen A. Spiller
20267: Mutual Assistance between Federal Reserve Banks, 1913-1960 as Prolegomena to the TARGET2 Debate Downloads
Barry Eichengreen, Arnaud Mehl, Livia Chițu and Gary Richardson
20266: Public Goods Provision in the Presence of Heterogeneous Green Preferences Downloads
Mark Jacobsen, Jacob LaRiviere and Michael Price
20265: The Liquidity Premium of Near-Money Assets Downloads
Stefan Nagel
20264: The Acquisition and Commercialization of Invention in American Manufacturing: Incidence and Impact Downloads
Ashish Arora, Wesley M. Cohen and John P. Walsh
20263: A Comparison of Programming Languages in Economics Downloads
S. Boragan Aruoba and Jesus Fernandez-Villaverde
20262: Channeling Remittances to Education: A Field Experiment Among Migrants from El Salvador Downloads
Kate Ambler, Diego Aycinena and Dean Yang
20261: The Runner-Up Effect Downloads
Santosh Anagol and Thomas Fujiwara
20260: The "Business Climate" and Economic Inequality Downloads
David Neumark and Jennifer Muz
20259: Social Networks as Contract Enforcement: Evidence from a Lab Experiment in the Field Downloads
Arun Chandrasekhar, Cynthia Kinnan and Horacio Larreguy
20258: Beyond Zeroes and Ones: The Intensity and Dynamics of Civil Conflict Downloads
Stephen Chaudoin, Zachary Peskowitz and Christopher Stanton
20257: Extremal Quantile Regressions for Selection Models and the Black-White Wage Gap Downloads
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 Downloads
Marianne Bertrand, Sandra Black, Sissel Jensen and Adriana Lleras-Muney
20255: Banks as Secret Keepers Downloads
Tri Vi Dang, Gary Gorton, Bengt Holmstrom and Guillermo Ordonez
20254: The Agglomeration of Bankruptcy Downloads
Efraim Benmelech, Nittai Bergman, Anna Milanez and Vladimir Mukharlyamov
20253: Guns and Votes Downloads
Laurent Bouton, Paola Conconi, Francisco Pino and Maurizio Zanardi
20252: Globalisation, Pass-through and the Optimal Policy Response to Exchange Rates Downloads
Michael Devereux and James Yetman
20251: Free to Leave? A Welfare Analysis of Divorce Regimes Downloads
Raquel Fernandez and Joyce Cheng Wong
20250: Life Cycle Earnings, Education Premiums and Internal Rates of Return Downloads
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 Downloads
Lynne Zucker and Michael Darby
20248: Productivity and Potential Output Before, During, and After the Great Recession Downloads
John Fernald
20247: Geographic Barriers to Commodity Price Integration: Evidence from US Cities and Swedish Towns, 1732-1860 Downloads
Mario Crucini and Gregor Smith
20246: Investor Sophistication and Capital Income Inequality Downloads
Marcin Kacperczyk, Jaromir Nosal and Luminita Stevens
20245: Measuring the Risk-Return Tradeoff with Time-Varying Conditional Covariances Downloads
Esben Hedegaard and Robert Hodrick
20244: Trying to Understand the PPPs in ICP2011: Why are the Results so Different? Downloads
Angus Deaton and Bettina Aten
20243: Punishment and Deterrence: Evidence from Drunk Driving Downloads
Benjamin Hansen
20242: The Eurocrisis: Muddling Through, or On the Way to a More Perfect Euro Union? Downloads
Joshua Aizenman
20241: The Revolving Door and Worker Flows in Banking Regulation Downloads
David Lucca, Amit Seru and Francesco Trebbi
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