NBER Working Papers

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19161: The Effect of Medicaid Expansions in the Late 1980s and Early 1990s on the Labor Supply of Pregnant Women

Dhaval Dave, Sandra L. Decker, Robert Kaestner and Kosali Simon

19160: Intergenerational Transfer, Human Capital and Long-term Growth in China under the One Child Policy

Xi Zhu, John Whalley and Xiliang Zhao

19159: Lending to Lemons: Landschafts-Credit in 18th Century Prussia

Kirsten Wandschneider

19158: Political Economy in a Changing World

Daron Acemoglu, Georgy Egorov and Konstantin Sonin

19157: Does the Market Value Value-Added? Evidence from Housing Prices After a Public Release of School and Teacher Value-Added

Scott Imberman and Michael Lovenheim

19156: Concentration in Mortgage Lending, Refinancing Activity and Mortgage Rates

David Scharfstein and Adi Sunderam

19155: The Dynamic Properties of Financial-Market Equilibrium with Trading Fees

Adrian Buss and Bernard Dumas

19154: Repairing the Damage: The Effect of Price Expectations on Auto-Repair Price Quotes

Meghan R. Busse, Ayelet Israeli and Florian Zettelmeyer

19153: Land Reform and Sex Selection in China

Douglas Almond, Hongbin Li and Shuang Zhang

19152: Sequential Monte Carlo Sampling for DSGE Models

Edward Herbst and Frank Schorfheide

19151: Medicaid Insurance in Old Age

Mariacristina De Nardi, Eric French and John Jones

19150: Piracy and Copyright Enforcement Mechanisms

Brett Danaher, Michael D. Smith and Rahul Telang

19149: Adverse Selection and an Individual Mandate: When Theory Meets Practice

Martin Hackmann, Jonathan Kolstad and Amanda Kowalski

19148: Inflation Dynamics and Time-Varying Volatility: New Evidence and an Ss Interpretation

Joseph Vavra

19147: Economies of Scale in Nineteenth Century American Manufacturing Revisited: A Resolution of the Entrepreneurial Labor Input Problem

Robert Margo

19146: Asset Pricing Implications of Macroeconomic Interventions An Application to Climate Policy

Rajnish Mehra

19145: Donative Behavior at the End of Life

Jonathan Meer and Harvey Rosen

19144: Eliciting Maternal Expectations about the Technology of Cognitive Skill Formation

Flavio Cunha, Irma Elo and Jennifer Culhane

19143: Food Prices and Body Fatness among Youths

Michael Grossman, Erdal Tekin and Roy Wada

19142: Informal Care and Caregiver's Health

Young Kyung Do, Edward Norton, Sally Stearns and Courtney Van Houtven

19141: Culture, Entrepreneurship, and Growth

Matthias Doepke and Fabrizio Zilibotti

19140: Drought of Opportunities: Contemporaneous and Long Term Impacts of Rainfall Shocks on Human Capital

Manisha Shah and Bryce Steinberg

19139: Why High Leverage is Optimal for Banks

Harry DeAngelo and René Stulz

19138: Loans for Higher Education: Does the Dream Come True?

Tomás Rau, Eugenio Rojas and Sergio Urzua

19137: Propagation and Smoothing of Shocks in Alternative Social Security Systems

Alan Auerbach, Lorenz Kueng and Ronald Lee

19136: The Global Decline of the Labor Share

Loukas Karabarbounis and Brent Neiman

19135: The Wage Effects of Not-for-Profit and For-Profit Certifications: Better Data, Somewhat Different Results

Kevin Lang and Russell Weinstein

19134: How Firms Respond to Business Cycles: The Role of Firm Age and Firm Size

Teresa Fort, John Haltiwanger, Ron Jarmin and Javier Miranda

19133: Some Simple Economics of Crowdfunding

Ajay Agrawal, Christian Catalini and Avi Goldfarb

19132: Deposit Insurance and Orderly Liquidation without Commitment: Can we Sleep Well?

Russell Cooper and Hubert Kempf

19131: The Female Labor Force and Long-run Development: The American Experience in Comparative Perspective

Claudia Olivetti

19130: Do Lottery Payments Induce Savings Behavior: Evidence from the Lab

Emel Filiz-Ozbay, Jonathan Guryan, Kyle Hyndman, Melissa Kearney and Erkut Ozbay

19129: Banking, Liquidity and Bank Runs in an Infinite-Horizon Economy

Mark Gertler and Nobuhiro Kiyotaki

19128: Differential Fertility, Human Capital, and Development

Tom Vogl

19127: Ordeal Mechanisms In Targeting: Theory And Evidence From A Field Experiment In Indonesia

Vivi Alatas, Abhijit Banerjee, Rema Hanna, Benjamin Olken, Ririn Purnamasari and Matthew Wai-Poi

19126: The Effect of Mergers in Search Market: Evidence from the Canadian Mortgage Industry

Jason Allen, Robert Clark and Jean-François Houde

19125: Credit Ratings and the Pricing of Sovereign Debt during the Euro Crisis

Joshua Aizenman, Mahir Binici and Michael Hutchison

19124: Selection and Economic Gains in the Great Migration of African Americans: New Evidence from Linked Census Data

William Collins and Marianne Wanamaker

19123: California Energy Efficiency: Lessons for the Rest of the World, or Not?

Arik Levinson

19122: What is European Integration Really About? A Political Guide for Economists

Enrico Spolaore

19121: Measuring Top Incomes Using Tax Record Data: A Cautionary Tale from Australia

Richard Burkhauser, Markus Hahn and Roger Wilkins

19120: Is a VC Partnership Greater than the Sum of its Partners?

Michael Ewens and Matthew Rhodes-Kropf

19119: Win Some Lose Some? Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco

Manuela Angelucci, Dean Karlan and Jonathan Zinman

19118: Spatial Equilibrium with Unemployment and Wage Bargaining: Theory and Estimation

Paul Beaudry, David Green and Benjamin Sand

19117: Finance and the Preservation of Wealth

Nicola Gennaioli, Andrei Shleifer and Robert Vishny

19116: The Slowdown in the Economic Assimilation of Immigrants: Aging and Cohort Effects Revisited Again

George Borjas

19115: Recessions and Admissions to Substance Abuse Treatment

Jonathan H. Cantor, Brady Horn and Johanna Maclean

19114: Updating Beliefs with Ambiguous Evidence: Implications for Polarization

Roland Fryer, Philipp Harms and Matthew Jackson

19113: Information and Student Achievement: Evidence from a Cellular Phone Experiment

Roland Fryer

19112: The European Crisis in the Context of the History of Previous Financial Crises

Michael Bordo and Harold James

19111: Education, Birth Order, and Family Size

Jesper Bagger, Javier Birchenall, Hani Mansour and Sergio Urzua

19110: Levels and Trends in United States Income and Its Distribution A Crosswalk from Market Income Towards a Comprehensive Haig-Simons Income Approach

Philip Armour, Richard Burkhauser and Jeff Larrimore

19109: The Supply of Gender Stereotypes and Discriminatory Beliefs

Edward Glaeser and Yueran Ma

19108: Strategic Involuntary Teacher Transfers and Teacher Performance: Examining Equity and Efficiency

Jason A. Grissom, Susanna Loeb and Nathaniel Nakashima

19107: Mixed Method Evaluation of a Passive mHealth Sexual Information Texting Service in Uganda

Julian C. Jamison, Dean Karlan and Pia Raffler

19106: Long-Run Price Elasticities of Demand for Credit: Evidence from a Countrywide Field Experiment in Mexico

Dean Karlan and Jonathan Zinman

19105: Do Stimulant Medications Improve Educational and Behavioral Outcomes for Children with ADHD?

Janet Currie, Mark Stabile and Lauren Jones

19104: Capital-Labor-Energy Substitution in Nested CES Production Functions for China

Keting Shen and John Whalley

19103: Wall Street vs. Main Street: An Evaluation of Probabilities

Robin L. Lumsdaine and Rogier J.D. Potter van Loon

19102: Juvenile Incarceration, Human Capital and Future Crime: Evidence from Randomly-Assigned Judges

Anna Aizer and Joseph J. Doyle, Jr.

19101: The Effect of Medicare Advantage on Hospital Admissions and Mortality

Christopher C. Afendulis, Michael E. Chernew and Daniel P. Kessler

19100: Grandpa and the Snapper: the Wellbeing of the Elderly who Live with Children

Angus Deaton and Arthur A. Stone

19099: The Cyclical Behavior of the Price-Cost Markup

Christopher Nekarda and Valerie Ramey

19098: Debt Redemption and Reserve Accumulation

Laura Alfaro and Fabio Kanczuk

19097: Industry Compensation Under Relocation Risk: A Firm-Level Analysis of the EU Emissions Trading Scheme

Ralf Martin, Mirabelle Muûls, Laure de Preux and Ulrich Wagner

19096: Do First Impressions Matter? Improvement in Early Career Teacher Effectiveness

Allison Atteberry, Susanna Loeb and James Wyckoff

19095: Flights to Safety

Lieven Baele, Geert Bekaert, Koen Inghelbrecht and Min Wei

19094: (Q,S,s) Pricing Rules

Kenneth Burdett and Guido Menzio

19093: Big Banks and Macroeconomic Outcomes: Theory and Cross-Country Evidence of Granularity

Franziska Bremus, Claudia Buch, Katheryn Russ and Monika Schnitzer

19092: How Pro-Poor Growth Affects the Demand for Energy

Paul Gertler, Orie Shelef, Catherine Wolfram and Alan Fuchs

19091: Capital Controls, Global Liquidity Traps and the International Policy Trilemma

Michael Devereux and James Yetman

19090: Implications of an Economic Theory of Conflict: Hindu-Muslim Violence in India

Anirban Mitra and Debraj Ray

19089: The Importance (or not) of Patents to UK Firms

Bronwyn Hall, Christian Helmers, Mark Rogers and Vania Sena

19088: How Public Pension affects Elderly Labor Supply and Well-being: Evidence from India

Neeraj Kaushal

19087: Using Weather Data and Climate Model Output in Economic Analyses of Climate Change

Maximilian Auffhammer, Solomon M. Hsiang, Wolfram Schlenker and Adam Sobel

19086: Optimal Capital Versus Labor Taxation with Innovation-Led Growth

Philippe Aghion, Ufuk Akcigit and Jesus Fernandez-Villaverde

19085: Reference-Dependence and Labor-Market Fluctuations

Kfir Eliaz and Ran Spiegler

19084: Assessing Macroprudential Policies: Case of Korea

Valentina Bruno and Hyun Song Shin

19083: Immigrant Assimilation into U.S. Prisons, 1900-1930

Carolyn Moehling and Anne Piehl

19082: Effects of the Price of Charitable Giving: Evidence from an Online Crowdfunding Platform

Jonathan Meer

19081: Tax Shelters or Efficient Tax Planning? A Theory of The Firm Perspective On the Economic Substance Doctrine

T. Christopher Borek, Angelo Frattarelli and Oliver Hart

19080: Partisan Bias in Factual Beliefs about Politics

John G. Bullock, Alan S. Gerber, Seth J. Hill and Gregory A. Huber

19079: Does High Home-Ownership Impair the Labor Market?

David Blanchflower and Andrew Oswald

19078: CEO Pay and Firm Size: an Update after the Crisis

Xavier Gabaix, Augustin Landier and Julien Sauvagnat

19077: Intergenerational Long Term Effects of Preschool - Structural Estimates from a Discrete Dynamic Programming Model

James Heckman and Lakshmi K. Raut

19076: Competition for Attention

Pedro Bordalo, Nicola Gennaioli and Andrei Shleifer

19075: The Top 1 Percent in International and Historical Perspective

Facundo Alvaredo, Anthony Atkinson, Thomas Piketty and Emmanuel Saez

19074: Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing

Wladimir Raymond, Jacques Mairesse, Pierre Mohnen and Franz Palm

19073: The R&D Tax Credit in France: Assessment and Ex-Ante Evaluation of the 2008 Reform

Benoît Mulkay and Jacques Mairesse

19072: Financial Globalization, Financial Crises, and the External Portfolio Structure of Emerging Markets

Enrique Mendoza and Katherine Smith

19071: Effects of Social Security Policies on Benefit Claiming, Retirement and Saving

Alan Gustman and Thomas L. Steinmeier

19070: The Spillover Effects of Medicare Managed Care: Medicare Advantage and Hospital Utilization

Katherine Baicker, Michael Chernew and Jacob Robbins

19069: Borrowing High vs. Borrowing Higher: Sources and Consequences of Dispersion in Individual Borrowing Costs

Victor Stango and Jonathan Zinman

19068: 'Lucas' In The Laboratory

Elena Asparouhova, Peter Bossaerts, Nilanjan Roy and William Zame

19067: Saving and the Long Shadow of Macroeconomic Shocks

Joshua Aizenman and Ilan Noy

19066: Why Do People Volunteer? An Experimental Analysis of Preferences for Time Donations

Alexander Brown, Jonathan Meer and J. Forrest Williams

19065: Bubbles, Food Prices, and Speculation: Evidence from the CFTC's Daily Large Trader Data Files

Nicole M. Aulerich, Scott Irwin and Philip Garcia

19064: Optimal Provision of Loans and Insurance Against Unemployment From A Lifetime Perspective

Joseph Stiglitz and Jungyoll Yun

19063: Framing Lifetime Income

Jeffrey Brown, Jeffrey Kling, Sendhil Mullainathan and Marian V. Wrobel

19062: The Great Recession: A Self-Fulfilling Global Panic

Philippe Bacchetta and Eric van Wincoop