NBER Working Papers
From National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC. Bibliographic data for series maintained by (). Access Statistics for this working paper series.
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- 19461: Rounding the Corners of the Policy Trilemma: Sources of Monetary Policy Autonomy

- Michael Klein and Jay Shambaugh
- 19460: Hybrid Tail Risk and Expected Stock Returns: When Does the Tail Wag the Dog?

- Turan G. Bali, Nusret Cakici and Robert F. Whitelaw
- 19459: Advance Refundings of Municipal Bonds

- Andrew Ang, Richard Green and Yuhang Xing
- 19458: Private Equity, Jobs, and Productivity

- Steven Davis, John Haltiwanger, Kyle Handley, Ron Jarmin, Josh Lerner and Javier Miranda
- 19457: Solving and Estimating Indeterminate DSGE Models

- Roger Farmer, Vadim Khramov and Giovanni Nicolò
- 19456: Measuring Uncertainty

- Kyle Jurado, Sydney Ludvigson and Serena Ng
- 19455: Household Finance: Education, Permanent Income and Portfolio Choice

- Russell Cooper and Guozhong Zhu
- 19454: Wages, Pensions, and Public-Private Sector Compensation Differentials for Older Workers

- Philipp Bewerunge and Harvey Rosen
- 19453: Causal Analysis after Haavelmo

- James Heckman and Rodrigo Pinto
- 19452: Parental Leave and Children's Schooling Outcomes: Quasi-Experimental Evidence from a Large Parental Leave Reform

- Natalia Danzer and Victor Lavy
- 19451: The Effect of Depression on Labor Market Outcomes

- Lizhong Peng, Chad Meyerhoefer and Samuel H. Zuvekas
- 19450: Modeling Area-Level Health Rankings

- Charles Courtemanche, Samir Soneji and Rusty Tchernis
- 19449: The More Things Change, the More They Stay the Same? The Safety Net and Poverty in the Great Recession

- Marianne Bitler and Hilary Hoynes
- 19448: Living with the Trilemma Constraint: Relative Trilemma Policy Divergence, Crises, and Output Losses for Developing Countries

- Joshua Aizenman and Hiro Ito
- 19447: Impact of Mortality-Based Performance Measures on Hospital Pricing: the Case of Colon Cancer Surgeries

- Avi Dor, Partha Deb, Michael Grossman, Gregory Cooper, Siran Koroukian and Fang Xu
- 19446: Does Federally-Funded Job Training Work? Nonexperimental Estimates of WIA Training Impacts Using Longitudinal Data on Workers and Firms

- Fredrik Andersson, Harry Holzer, Julia Lane, David Rosenblum and Jeffrey Smith
- 19445: Prizes and Productivity: How Winning the Fields Medal Affects Scientific Output

- George Borjas and Kirk Doran
- 19444: School Accountability, Postsecondary Attainment and Earnings

- David Deming, Sarah Cohodes, Jennifer Jennings and Christopher Jencks
- 19443: Paradox of Thrift Recessions

- Zhen Huo and José-Víctor Ríos-Rull
- 19442: The Possible Unemployment Cost of Average Inflation below a Credible Target

- Lars Svensson
- 19441: The Aggregate Effect of School Choice: Evidence from a Two-stage Experiment in India

- Karthik Muralidharan and Venkatesh Sundararaman
- 19440: Contract Teachers: Experimental Evidence from India

- Karthik Muralidharan and Venkatesh Sundararaman
- 19439: The Changing Role of Government in Financing Health Care: An International Perspective

- Mark Stabile and Sarah Thomson
- 19438: Spousal Health Effects - the Role of Selection

- James Banks, Elaine Kelly and James Smith
- 19437: Continued Existence of Cows Disproves Central Tenets of Capitalism?

- Santosh Anagol, Alvin Etang and Dean Karlan
- 19436: Portfolio Choice with Illiquid Assets

- Andrew Ang, Dimitris Papanikolaou and Mark Westerfield
- 19435: Inference of Bidders' Risk Attitudes in Ascending Auctions with Endogenous Entry

- Hanming Fang and Xun Tang
- 19434: The Impact of Mothers' Earnings on Health Inputs and Infant Health

- Naci Mocan, Christian Raschke and Bulent Unel
- 19433: Privacy and Data-Based Research

- Ori Heffetz and Katrina Ligett
- 19432: Do Managers Do Good with Other People's Money?

- Ing-Haw Cheng, Harrison Hong and Kelly Shue
- 19431: Fiscal Reform and Government Debt in Japan: A Neoclassical Perspective

- Gary Hansen and Selahattin Imrohoroglu
- 19430: Do firms underinvest in long-term research? Evidence from cancer clinical trials

- Eric Budish, Benjamin N. Roin and Heidi Williams
- 19429: Playing Favorites: How Firms Prevent the Revelation of Bad News

- Lauren Cohen, Dong Lou and Christopher Malloy
- 19428: Limited Managerial Attention and Corporate Aging

- Claudio Loderer, René Stulz and Urs Waelchli
- 19427: Property Rights and Intra-Household Bargaining

- Shing-Yi Wang
- 19426: Envirodevonomics: A Research Agenda for a Young Field

- Michael Greenstone and B. Kelsey Jack
- 19425: Was Stalin Necessary for Russia's Economic Development?

- Anton Cheremukhin, Mikhail Golosov, Sergei Guriev and Aleh Tsyvinski
- 19424: Measuring the Impacts of Teachers II: Teacher Value-Added and Student Outcomes in Adulthood

- Raj Chetty, John Friedman and Jonah E. Rockoff
- 19423: Measuring the Impacts of Teachers I: Evaluating Bias in Teacher Value-Added Estimates

- Raj Chetty, John Friedman and Jonah E. Rockoff
- 19422: Heterogeneity in Long Term Health Outcomes of Migrants within Italy

- Vincenzo Atella and Partha Deb
- 19421: Houses as ATMs? Mortgage Refinancing and Macroeconomic Uncertainty

- Hui Chen, Michael Michaux and Nikolai Roussanov
- 19420: The Real Costs of Disclosure

- Alex Edmans, Mirko Heinle and Chong Huang
- 19419: The Impact of the Internet on Advertising Markets for News Media

- Susan Athey, Emilio Calvano and Joshua Gans
- 19418: Bank Failures and Output During the Great Depression

- Jeffrey Miron and Natalia Rigol
- 19417: The Effects of Mandatory Transparency in Financial Market Design: Evidence from the Corporate Bond Market

- Paul Asquith, Thom Covert and Parag Pathak
- 19416: Asset Pricing in the Frequency Domain: Theory and Empirics

- Ian Dew-Becker and Stefano Giglio
- 19415: Insolvency Resolution and the Missing High Yield Bond Markets

- Bo Becker and Jens Josephson
- 19414: The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy

- Oscar Jorda and Alan Taylor
- 19413: Cohabitation and the Uneven Retreat from Marriage in the U.S., 1950-2010

- Shelly Lundberg and Robert Pollak
- 19412: Compensation Matters: Incentives for Multitasking in a Law Firm

- Ann Bartel, Brianna Cardiff-Hicks and Kathryn Shaw
- 19411: News Driven Business Cycles: Insights and Challenges

- Paul Beaudry and Franck Portier
- 19410: Do the Laws of Tax Incidence Hold? Point of Collection and the Pass-through of State Diesel Taxes

- Wojciech Kopczuk, Justin Marion, Erich Muehlegger and Joel Slemrod
- 19409: Globalization and Multiproduct Firms

- Volker Nocke and Stephen Yeaple
- 19408: Time-To-Plan Lags for Commercial Construction Projects

- Jonathan N. Millar, Stephen Oliner and Daniel Sichel
- 19407: Equity Vesting and Managerial Myopia

- Alex Edmans, Vivian W. Fang and Katharina A. Lewellen
- 19406: Are Tenure Track Professors Better Teachers?

- David Figlio, Morton O. Schapiro and Kevin B. Soter
- 19405: Does the Federal Reserve Care About the Rest of the World?

- Barry Eichengreen
- 19404: How Consumer Price Subsidies affect Nutrition

- Neeraj Kaushal and Felix Muchomba
- 19403: Exporting Liquidity: Branch Banking and Financial Integration

- Erik Gilje, Elena Loutskina and Philip E. Strahan
- 19402: Decentralization in Developing Economies

- Lucie Gadenne and Monica Singhal
- 19401: Insurer Competition in Health Care Markets

- Kate Ho and Robin Lee
- 19400: Speculative Investors and Tobin's Tax in the Housing Market

- Yuming Fu, Wenlan Qian and Bernard Yeung
- 19399: Equilibria in Health Exchanges: Adverse Selection vs. Reclassification Risk

- Benjamin R. Handel, Igal Hendel and Michael Whinston
- 19398: The Value of Democracy: Evidence from Road Building in Kenya

- Robin Burgess, Remi Jedwab, Edward Miguel, Ameet Morjaria and Gerard Padró i Miquel
- 19397: The Impact of Insurance and HIV Treatment Technology on HIV Testing

- Neeraj Sood and Yanyu Wu
- 19396: Factoryless Goods Producers in the US

- Andrew Bernard and Teresa Fort
- 19395: How do CEOs see their Role? Management Philosophy and Styles in Family and Non-Family Firms

- William Mullins and Antoinette Schoar
- 19394: Patent Commons, Thickets, and Open Source Software Entry by Start-Up Firms

- Wen Wen, Marco Ceccagnoli and Chris Forman
- 19393: The Response of Drug Expenditures to Non-Linear Contract Design: Evidence from Medicare Part D

- Liran Einav, Amy Finkelstein and Paul Schrimpf
- 19392: On Measuring Time Preferences

- James Andreoni, Michael Kuhn and Charles Sprenger
- 19391: The Stock Market Crash Really Did Cause the Great Recession

- Roger Farmer
- 19390: The Phillips Curve is Alive and Well: Inflation and the NAIRU During the Slow Recovery

- Robert Gordon
- 19389: Interpreting Repo Statistics in the Flow of Funds Accounts

- Arvind Krishnamurthy and Stefan Nagel
- 19388: Sovereign Debt: A Review

- Mark Aguiar and Manuel Amador
- 19387: A Direct Test of the "Explanation" for Incomplete Stratification in Vertical Sorting Models

- Jacob Fishman and V. Smith
- 19386: On the Welfare Cost of Consumption Fluctuations in the Presence of Memorable Goods

- Rong Hai, Dirk Krueger and Andrew Postlewaite
- 19385: Enlisting Employees in Improving Payroll-Tax Compliance: Evidence from Mexico

- Todd Kumler, Eric Verhoogen and Judith A. Frías
- 19384: The Endowment Effect

- Keith Ericson and Andreas Fuster
- 19383: Financial Market Shocks and the Macroeconomy

- Avanidhar Subrahmanyam and Sheridan Titman
- 19382: Land Prices and Unemployment

- Zheng Liu, Jianjun Miao and Tao Zha
- 19381: Financial Entanglement: A Theory of Incomplete Integration, Leverage, Crashes, and Contagion

- Nicolae Gârleanu, Stavros Panageas and Jianfeng Yu
- 19380: Liberty for More: Finance and Educational Opportunities

- Ross Levine and Yona Rubinstein
- 19379: Innovation and the Financial Guillotine

- Ramana Nanda and Matthew Rhodes-Kropf
- 19378: Financial vs. Strategic Buyers

- Marc Martos-Vila, Matthew Rhodes-Kropf and Jarrad Harford
- 19377: U.S. High-Skilled Immigration, Innovation, and Entrepreneurship: Empirical Approaches and Evidence

- William Kerr
- 19376: Policy Uncertainty, Trade and Welfare: Theory and Evidence for China and the U.S

- Kyle Handley and Nuno Limão
- 19375: Tail Risk and Asset Prices

- Bryan Kelly and Hao Jiang
- 19374: Estimating Dynamic R&D Demand: An Analysis of Costs and Long-Run Benefits

- Bettina Peters, Mark Roberts, Vuong Van Anh and Helmut Fryges
- 19373: Health Insurance for "Humans": Information Frictions, Plan Choice, and Consumer Welfare

- Benjamin R. Handel and Jonathan Kolstad
- 19372: The Rise of Services: the Role of Skills, Scale, and Female Labor Supply

- Francisco Buera, Joseph Kaboski and Min Qiang (Kent) Zhao
- 19371: Commodity Trade and the Carry Trade: a Tale of Two Countries

- Robert Ready, Nikolai Roussanov and Colin Ward
- 19370: Recent Changes in the Gains from Delaying Social Security

- John B. Shoven and Sita Slavov
- 19369: Compulsory Education and the Benefits of Schooling

- Melvin Stephens and Dou-Yan Yang
- 19368: Macroeconomic Analysis without the Rational Expectations Hypothesis

- Michael Woodford
- 19367: Perverse Reverse Price Competition: Average Wholesale Prices and Medicaid Pharmaceutical Spending

- Abby Alpert, Mark Duggan and Judith Hellerstein
- 19366: Is the Affordable Care Act Different from Romneycare? A Labor Economics Perspective

- Casey Mulligan
- 19365: Average Marginal Labor Income Tax Rates under the Affordable Care Act

- Casey Mulligan
- 19364: The Effect of Maternal Employment on Children's Academic Performance

- Rachel Dunifon, Anne Toft Hansen, Sean Nicholson and Lisbeth Nielsen
- 19363: The Decline, Rebound, and Further Rise in SNAP Enrollment: Disentangling Business Cycle Fluctuations and Policy Changes

- Peter Ganong and Jeffrey Liebman
- 19362: From Sudden Stops to Fisherian Deflation: Quantitative Theory and Policy Implications

- Anton Korinek and Enrique Mendoza
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