NBER Working Papers

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19061: Wage Effects of Unionization and Occupational Licensing Coverage in the United States

Maury Gittleman and Morris M. Kleiner

19060: Experimental Evidence on the Effects of Home Computers on Academic Achievement among Schoolchildren

Robert Fairlie and Jonathan Robinson

19059: Product and labor market imperfections and scale economies: Micro-evidence on France, Japan and the Netherlands

Sabien Dobbelaere, Kozo Kiyota and Jacques Mairesse

19058: Adjusting National Accounting for Health: Is the Business Cycle Countercyclical?

Mark L. Egan, Casey Mulligan and Tomas Philipson

19057: Foreign Trade and Investment: Firm-Level Perspectives

Elhanan Helpman

19056: Risk Premia in Crude Oil Futures Prices

James Hamilton and Jing Cynthia Wu

19055: Vehicle Scrappage and Gasoline Policy

Mark R. Jacobsen and Arthur A. van Benthem

19054: Unobservable Selection and Coefficient Stability: Theory and Validation

Emily Oster

19053: Making College Worth It: A Review of Research on the Returns to Higher Education

Philip Oreopoulos and Uros Petronijevic

19052: Technology Diffusion: Measurement, Causes and Consequences

Diego Comin and Martí Mestieri

19051: Loan officer Incentives and the Limits of Hard Information

Tobias Berg, Manju Puri and Jorg Rocholl

19050: Do Depositors Monitor Banks?

Rajkamal Iyer, Manju Puri and Nicholas Ryan

19049: High School Graduation in the Context of Changing Elementary and Secondary Education Policy and Income Inequality: The Last Half Century

Nora Gordon

19048: Do Extended Unemployment Benefits Lengthen Unemployment Spells? Evidence from Recent Cycles in the U.S. Labor Market

Henry S. Farber and Robert Valletta

19047: Post-recession US Employment through the Lens of a Non-linear Okun's law

Menzie Chinn, Laurent Ferrara and Valérie Mignon

19046: Using Performance Incentives to Improve Medical Care Productivity and Health Outcomes

Paul Gertler and Christel Vermeersch

19045: Racial Residential Segregation in American Cities

Leah Boustan

19044: A Microeconomic Framework for Evaluating Energy Efficiency Rebound And Some Implications

Severin Borenstein

19043: Two-Armed Restless Bandits with Imperfect Information: Stochastic Control and Indexability

Roland Fryer and Philipp Harms

19042: Aggregation and The Estimated Effects of Local Economic Conditions on Health

Jason Lindo

19041: Urbanization in the United States, 1800-2000

Leah Boustan, Devin Michelle Bunten and Owen Hearey

19040: The Origins and Persistence of Black-White Differences in Women's Labor Force Participation

Leah Boustan and William Collins

19039: The "Greatest" Carry Trade Ever? Understanding Eurozone Bank Risks

Viral Acharya and Sascha Steffen

19038: Capital Flows, Cross-Border Banking and Global Liquidity

Valentina Bruno and Hyun Song Shin

19037: Bubble Troubles? Rational Storage, Mean Reversion and Runs in Commodity Prices

Eugenio Bobenrieth, Juan R. A. Bobenrieth and Brian Wright

19036: Is Smoking Behavior Culturally Determined? Evidence from British Immigrants

Rebekka Christopoulou and Dean R. Lillard

19035: The Data Revolution and Economic Analysis

Liran Einav and Jonathan Levin

19034: Nonlinear Programming Method for Dynamic Programming

Yongyang Cai, Kenneth Judd, Thomas Lontzek, Valentina Michelangeli and Che-Lin Su

19033: Exporting and Plant-Level Efficiency Gains: It's in the Measure

Alvaro Garcia-Marin and Nico Voigtländer

19032: Exchanging Delayed Social Security Benefits for Lump Sums: Could This Incentivize Longer Work Careers?

Jingjing Chai, Raimond Maurer, Olivia Mitchell and Ralph Rogalla

19031: Why Do College Going Interventions Work?

Scott Carrell and Bruce Sacerdote

19030: Liability Investment with Downside Risk

Andrew Ang, Bingxu Chen and Suresh Sundaresan

19029: Politics 2.0: The Multifaceted Effect of Broadband Internet on Political Participation

Filipe Campante, Ruben Durante and Francesco Sobbrio

19028: Isolated Capital Cities and Misgovernance: Theory and Evidence

Filipe Campante, Quoc-Anh Do and Bernardo Guimaraes

19027: Isolated Capital Cities, Accountability and Corruption: Evidence from US States

Filipe Campante and Quoc-Anh Do

19026: Putting the 'System' in the International Monetary System

Michael Bordo and Angela Redish

19025: Market Deregulation and Optimal Monetary Policy in a Monetary Union

Matteo Cacciatore, Giuseppe Fiori and Fabio Ghironi

19024: The 1991 Reforms, Indian Economic Growth, and Social Progress

Manmohan Agarwal and John Whalley

19023: Gender Identity and Relative Income within Households

Marianne Bertrand, Jessica Pan and Emir Kamenica

19022: Sustainable Shadow Banking

Guillermo Ordonez

19021: Sales Mechanisms in Online Markets: What Happened to Internet Auctions?

Liran Einav, Chiara Farronato, Jonathan Levin and Neel Sundaresan

19020: The Vulnerability of Minority Homeowners in the Housing Boom and Bust

Patrick Bayer, Fernando Ferreira and Stephen Ross

19019: Offshore jurisdictions (including Cyprus), corruption money laundering and Russian round-trip investment

Svetlana Ledyaeva, Päivi Karhunen and John Whalley

19018: Do Strict Capital Requirements Raise the Cost of Capital? Banking Regulation and the Low Risk Anomaly

Malcolm Baker and Jeffrey Wurgler

19017: R-squared and the Economy

Randall Morck, Bernard Yeung and Wayne Yu

19016: How Financial Incentives Induce Disability Insurance Recipients to Return to Work

Andreas Kostøl and Magne Mogstad

19015: The Labor Wedge: MRS vs. MPN

Loukas Karabarbounis

19014: Preventing Youth Violence and Dropout: A Randomized Field Experiment

Sara Heller, Harold A. Pollack, Roseanna Ander and Jens Ludwig

19013: Clusters of Entrepreneurship and Innovation

Aaron Chatterji, Edward Glaeser and William Kerr

19012: Exploring Reallocation's Apparent Weak Contribution to Growth

Mitsukuni Nishida, Amil Petrin and Sašo Polanec

19011: Tests for Price Endogeneity in Differentiated Product Models

Kyoo il Kim and Amil Petrin

19010: If Technology Has Arrived Everywhere, Why has Income Diverged?

Diego Comin and Martí Mestieri

19009: Pledgability and Liquidity: A New Monetarist Model of Financial and Macroeconomic Activity

Venky Venkateswaran and Randall Wright

19008: Fiscal Discriminations in Three Wars

George Hall and Thomas Sargent

19007: Female Labour Supply, Human Capital and Welfare Reform

Richard Blundell, Monica Costa Dias, Costas Meghir and Jonathan Shaw

19006: China and India: Reforms and the Response: How Differently have the Economies Behaved

Manmohan Agarwal and John Whalley

19005: Economic Analysis of Risk and Uncertainty induced by Health Shocks: A Review and Extension

Tomas Philipson and George Zanjani

19004: State-run Banks, Money Growth, and the Real Economy

Randall Morck, M. Deniz Yavuz and Bernard Yeung

19003: Community-Wide Job Loss and Teenage Fertility

Elizabeth Ananat, Anna Gassman-Pines and Christina M. Gibson-Davis

19002: Education, Cognition and Health: Evidence from a Social Experiment

Costas Meghir, Mårten Palme and Emilia Simeonova

19001: More is Less: Why Parties May Deliberately Write Incomplete Contracts

Maija Halonen-Akatwijuka and Oliver Hart

19000: The Role of Automatic Stabilizers in the U.S. Business Cycle

Alisdair McKay and Ricardo Reis

18999: Discounting under Disagreement

Geoffrey Heal and Antony Millner

18998: Do Grants to Charities Crowd Out Other Income? Evidence from the UK

James Andreoni, A. Payne and Sarah Smith

18997: Keeping it Fresh: Strategic Product Redesigns and Welfare

Bruce Blonigen, Christopher Knittel and Anson Soderbery

18996: Growth and Structural Transformation

Berthold Herrendorf, Richard Rogerson and Akos Valentinyi

18995: The VIX, the Variance Premium and Stock Market Volatility

Geert Bekaert and Marie Hoerova

18994: Caution! Men Not at Work: Gender-Specific Labor Market Conditions and Child Maltreatment

Jason Lindo, Jessamyn Schaller and Benjamin Hansen

18993: Innovation, Reallocation and Growth

Daron Acemoglu, Ufuk Akcigit, Harun Alp, Nicholas Bloom and William Kerr

18992: Subjective Well-Being and Income: Is There Any Evidence of Satiation?

Betsey Stevenson and Justin Wolfers

18991: Social Impact Bonds in Nonprofit Health Care: New Product or New Package?

Mark Pauly and Ashley Swanson

18990: What Drives Aggregate Investment? Evidence from German Survey Data

Ruediger Bachmann and Peter Zorn

18989: Firms' Optimism and Pessimism

Ruediger Bachmann and Steffen Elstner

18988: Fifty Ways to Leave a Child Behind: Idiosyncrasies and Discrepancies in States' Implementation of NCLB

Elizabeth Davidson, Randall Reback, Jonah E. Rockoff and Heather L. Schwartz

18987: This Is Only a Test? Long-Run Impacts of Prenatal Exposure to Radioactive Fallout

Sandra Black, Aline Bütikofer, Paul Devereux and Kjell G Salvanes

18986: How Do Voters Respond to Information? Evidence from a Randomized Campaign

Chad Kendall, Tommaso Nannicini and Francesco Trebbi

18985: A Bargaining Theory of Trade Invoicing and Pricing

Linda Goldberg and Cédric Tille

18984: Shaping Liquidity: On the Causal Effects of Voluntary Disclosure

Karthik Balakrishnan, Mary B. Billings, Bryan T. Kelly and Alexander Ljungqvist

18983: The Pruned State-Space System for Non-Linear DSGE Models: Theory and Empirical Applications

Martin Andreasen, Jesus Fernandez-Villaverde and Juan F Rubio-Ramirez

18982: Patent Trading Flows of Small and Large Firms

Nicolas Figueroa and Carlos Serrano

18981: The Demise of Walk Zones in Boston: Priorities vs. Precedence in School Choice

Umut Dur, Scott Kominers, Parag Pathak and Tayfun Sönmez

18980: Endogenous Sources of Volatility in Housing Markets: The Joint Buyer-Seller Problem

Elliot Anenberg and Patrick Bayer

18979: Women's Emancipation Through Education: A Macroeconomic Analysis

Fatih Guvenen and Michelle Petersen Rendall

18978: The Geography of Inter-State Resource Wars

Francesco Caselli, Massimo Morelli and Dominic Rohner

18977: Diagnosing Expertise: Human Capital, Decision Making and Performance Among Physicians

Janet Currie and W. Bentley Macleod

18976: Shrouded Costs of Government: The Political Economy of State and Local Public Pensions

Edward Glaeser and Giacomo Ponzetto

18975: Why Does Balanced News Produce Unbalanced Views?

Edward Glaeser and Cass Sunstein

18974: Energy Production and Health Externalities: Evidence from Oil Refinery Strikes in France

Emmanuelle Lavaine and Matthew Neidell

18973: Competitors, Complementors, Parents and Places: Explaining Regional Agglomeration in the U.S. Auto Industry

Luis Cabral, Zhu Wang and Yi Xu

18972: Innovation and Production in the Global Economy

Costas Arkolakis, Natalia Ramondo, Andres Rodriguez-Clare and Stephen Yeaple

18971: The Surprisingly Dire Situation of Children's Education in Rural West Africa: Results from the CREO Study in Guinea-Bissau (Comprehensive Review of Education Outcomes)

Peter Boone, Ila Fazzio, Kameshwari Jandhyala, Chitra Jayanty, Gangadhar Jayanty, Simon Johnson, Vimala Ramachandrin, Filipa Silva and Zhaoguo Zhan

18970: Can Self-Help Groups Really Be "Self-Help"?

Brian Greaney, Joseph Kaboski and Eva Van Leemput

18969: Financial Literacy and High-Cost Borrowing in the United States

Annamaria Lusardi and Carlo de Bassa Scheresberg

18968: Testing Macroprudential Stress Tests: The Risk of Regulatory Risk Weights

Viral Acharya, Robert Engle and Diane Pierret

18967: The Global Energy Outlook

Richard Newell and Stuart Iler

18966: Family Ties

Alberto Alesina and Paola Giuliano

18965: Congressional Influence as a Determinant of Subprime Lending

Stuart Gabriel, Matthew Kahn and Ryan Vaughn

18964: Gender Differences in Preferences, Intra-Household Externalities, and Low Demand for Improved Cookstoves

Grant Miller and Ahmed Mobarak

18963: Fundamentals and Sovereign Risk of Emerging Markets

Joshua Aizenman, Yothin Jinjarak and Donghyun Park

18962: Preparing to Export

Claudio Labanca, Danielken Molina and Marc-Andreas Muendler