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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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17910: Hiring, Churn and the Business Cycle Downloads
Edward Lazear and James Spletzer
17909: Financial Regulation in General Equilibrium Downloads
Charles A.E. Goodhart, Anil Kashyap, Dimitrios Tsomocos and Alexandros P. Vardoulakis
17908: Exit from a Monetary Union through Euroization: Discipline without Chaos Downloads
Russell Cooper
17907: International Portfolio Diversification and Multilateral Effects of Correlations Downloads
Paul Bergin and Ju Hyun Pyun
17906: Posterior Predictive Analysis for Evaluating DSGE Models Downloads
Jon Faust and Abhishek Gupta
17905: The Macroeconomics of Microfinance Downloads
Francisco Buera, Joseph Kaboski and Yongseok Shin
17904: Status, Marriage, and Managers' Attitudes To Risk Downloads
Nikolai Roussanov and Pavel Savor
17903: Perceptions and Misperceptions of Fiscal Inflation Downloads
Eric Leeper and Todd Walker
17902: An Exploration of Luxury Hotels in Tanzania Downloads
Diego Comin
17901: Geographic and Racial Variation in Premature Mortality in the US: Analyzing the Disparities Downloads
Mark R. Cullen, Clint Cummins and Victor Fuchs
17900: Ambiguous Business Cycles Downloads
Cosmin Ilut and Martin Schneider
17899: Why Do Life Insurance Policyholders Lapse? The Roles of Income, Health and Bequest Motive Shocks Downloads
Hanming Fang and Edward Kung
17898: Optimal Regulation in the Presence of Reputation Concerns Downloads
Andrew Atkeson, Christian Hellwig and Guillermo Ordonez
17897: On the Road: Access to Transportation Infrastructure and Economic Growth in China Downloads
Abhijit Banerjee, Esther Duflo and Nancy Qian
17896: Does Inequality Lead to a Financial Crisis? Downloads
Michael Bordo and Christopher Meissner
17895: Search Fatigue Downloads
Bruce Ian Carlin and Florian Ederer
17894: Central Banks and Gold Puzzles Downloads
Joshua Aizenman and Kenta Inoue
17893: Does Universal Coverage Improve Health? The Massachusetts Experience Downloads
Charles Courtemanche and Daniela Zapata
17892: Should Aid Reward Performance? Evidence from a Field Experiment on Health and Education in Indonesia Downloads
Benjamin Olken, Junko Onishi and Susan Wong
17891: Gasoline Taxes and Consumer Behavior Downloads
Shanjun Li, Joshua Linn and Erich Muehlegger
17890: Approximating High-Dimensional Dynamic Models: Sieve Value Function Iteration Downloads
Peter Arcidiacono, Patrick Bayer, Federico Bugni and Jonathan James
17889: Vertical Integration and Market Structure Downloads
Timothy Bresnahan and Jonathan Levin
17888: Why Don't Women Patent? Downloads
Jennifer Hunt, Jean-Philippe Garant, Hannah Herman and David J. Munroe
17887: The Role of Age in Jury Selection and Trial Outcomes Downloads
Shamena Anwar, Patrick Bayer and Randi Hjalmarsson
17886: Heterogeneity in Target-Date Funds: Optimal Risk-Taking or Risk Matching? Downloads
Pierluigi Balduzzi and Jonathan Reuter
17885: The Barnett Critique After Three Decades: A New Keynesian Analysis Downloads
Michael Belongia and Peter Ireland
17884: Fiscal Rules: Theoretical Issues and Historical Experiences Downloads
Charles Wyplosz
17883: Referrals: Peer Screening and Enforcement in a Consumer Credit Field Experiment Downloads
Gharad T. Bryan, Dean Karlan and Jonathan Zinman
17882: Estimating Loan-to-Value and Foreclosure Behavior Downloads
Arthur Korteweg and Morten Sorensen
17881: Can Public Sector Wage Bills Be Reduced? Downloads
Pierre Cahuc and Stéphane Carcillo
17880: Business Cycles and Household Formation: The Micro vs the Macro Labor Elasticity Downloads
Sebastian Dyrda, Greg Kaplan and José-Víctor Ríos-Rull
17879: Engines of Growth: Farm Tractors and Twentieth-Century U.S. Economic Welfare Downloads
Richard Steckel and William J. White
17878: Prices versus Quantities versus Bankable Quantities Downloads
Harrison Fell, Ian MacKenzie and William Pizer
17877: Does the Current Account Still Matter? Downloads
Maurice Obstfeld
17876: Dynamic Adverse Selection: A Theory of Illiquidity, Fire Sales, and Flight to Quality Downloads
Veronica Guerrieri and Robert Shimer
17875: Are Chinese Trade Flows Different? Downloads
Yin-Wong Cheung, Menzie Chinn and Xingwang Qian
17874: Private Equity Performance: What Do We Know? Downloads
Robert S. Harris, Tim Jenkinson and Steven Kaplan
17873: Follow the Money: Quantifying Domestic Effects of Foreign Bank Shocks in the Great Recession Downloads
Nicola Cetorelli and Linda Goldberg
17872: International Consumption Risk Is Shared After All: An Asset Return View Downloads
Karen Lewis and Edith Liu
17871: Right-Wing Political Extremism in the Great Depression Downloads
Alan de Bromhead, Barry Eichengreen and Kevin O'Rourke
17870: Effects of Medicare Payment Reform: Evidence from the Home Health Interim and Prospective Payment Systems Downloads
Peter J. Huckfeldt, Neeraj Sood, José J. Escarce, David C. Grabowski and Joseph Newhouse
17869: Culture and the Historical Process Downloads
Nathan Nunn
17868: Crisis-Related Shifts in the Market Valuation of Banking Activities Downloads
Charles Calomiris and Doron Nissim
17867: Financing-Motivated Acquisitions Downloads
Isil Erel, Yeejin Jang and Michael Weisbach
17866: The Decision to Delay Social Security Benefits: Theory and Evidence Downloads
John B. Shoven and Sita Slavov
17865: Stimulating Demand for AIDS Prevention: Lessons from the RESPECT Trial Downloads
Damien de Walque, William Dow, Carol Medlin and Rose Nathan
17864: International Trade: Linking Micro and Macro Downloads
Jonathan Eaton, Samuel Kortum and Sebastian Sotelo
17863: Financial Sophistication in the Older Population Downloads
Annamaria Lusardi, Olivia Mitchell and Vilsa Curto
17862: How Do Laffer Curves Differ Across Countries? Downloads
Mathias Trabandt and Harald Uhlig
17861: Does Generosity Beget Generosity? Alumni Giving and Undergraduate Financial Aid Downloads
Jonathan Meer and Harvey Rosen
17860: The Incentive Effects of Marginal Tax Rates: Evidence from the Interwar Era Downloads
Christina Romer and David Romer
17859: Do College-Prep Programs Improve Long-Term Outcomes? Downloads
C. Kirabo Jackson
17858: Repossession and the Democratization of Credit Downloads
Juliano Assuncao, Efraim Benmelech and Fernando S. S. Silva
17857: Insurance as Delegated Purchasing: Theory and Evidence from Health Care Downloads
Robin McKnight, Jonathan Reuter and Eric Zitzewitz
17856: Equity-Holding Institutional Lenders: Do they Receive Better Terms? Downloads
Jongha Lim, Bernadette A. Minton and Michael Weisbach
17855: Toward an Understanding of Why People Discriminate: Evidence from a Series of Natural Field Experiments Downloads
Uri Gneezy, John List and Michael Price
17854: Macroeconomic Effects of Corporate Default Crises: A Long-Term Perspective Downloads
Kay Giesecke, Francis Longstaff, Stephen Schaefer and Ilya Strebulaev
17853: The Slow Growth of New Plants: Learning about Demand? Downloads
Lucia Foster, John Haltiwanger and Chad Syverson
17852: Big BRICs, Weak Foundations: The Beginning of Public Elementary Education in Brazil, Russia, India, and China Downloads
Latika Chaudhary, Aldo Musacchio, Steven Nafziger and Se Yan
17851: Challenges in Banking the Rural Poor: Evidence from Kenya's Western Province Downloads
Pascaline Dupas, Sarah Green, Anthony Keats and Jonathan Robinson
17850: Management Practices Across Firms and Countries Downloads
Nicholas Bloom, Christos Genakos, Raffaella Sadun and John van Reenen
17849: Brand Management and Strategies Against Counterfeits Downloads
Yi Qian
17848: The "Out of Sample" Performance of Long-run Risk Models Downloads
Wayne Ferson, Suresh K. Nallareddy and Biqin Xie
17847: Vote Trading With and Without Party Leaders Downloads
Alessandra Casella, Thomas Palfrey and Sébastien Turban
17846: Who Lives in the C-Suite? Organizational Structure and the Division of Labor in Top Management Downloads
Maria Guadalupe, Hongyi Li and Julie Wulf
17845: The SO2 Allowance Trading System and the Clean Air Act Amendments of 1990: Reflections on Twenty Years of Policy Innovation Downloads
Gabriel Chan, Robert Stavins, Robert Stowe and Richard Sweeney
17844: Uncertain Fiscal Consolidations Downloads
Huixin Bi, Eric Leeper and Campbell Leith
17843: Small Cues Change Savings Choices Downloads
James Choi, Emily Haisley, Jennifer Kurkoski and Cade Massey
17842: The Causal Effects of an Industrial Policy Downloads
Chiara Criscuolo, Ralf Martin, Henry Overman and John van Reenen
17841: From Growth to Green Growth - a Framework Downloads
Stephane Hallegatte, Geoffrey Heal, Marianne Fay and David Tréguer
17840: Preferential Trade Agreements and the World Trade System: A Multilateralist View Downloads
Pravin Krishna
17839: U.S. International Equity Investment Downloads
John Ammer, Sara B. Holland, David C. Smith and Francis Warnock
17838: Are Banks Passive Liquidity Backstops? Deposit Rates and Flows during the 2007-2009 Crisis Downloads
Viral Acharya and Nada Mora
17837: The Households Effects of Government Consumption Downloads
Francesco Giavazzi and Michael McMahon
17836: Ben Bernanke and the Zero Bound Downloads
Laurence Ball
17835: Gold Standard Gravity Downloads
James Anderson and Yoto Yotov
17834: Student Aid Simplification: Looking Back and Looking Ahead Downloads
Susan Dynarski and Mark Wiederspan
17833: Signalling, Incumbency Advantage, and Optimal Reelection Thresholds Downloads
Francesco Caselli, Thomas Cunningham, Massimo Morelli and Inés Moreno de Barreda
17832: Credit Supply and House Prices: Evidence from Mortgage Market Segmentation Downloads
Manuel Adelino, Antoinette Schoar and Felipe Severino
17831: Resolving Debt Overhang: Political Constraints in the Aftermath of Financial Crises Downloads
Atif Mian, Amir Sufi and Francesco Trebbi
17830: What explains high unemployment? The aggregate demand channel Downloads
Atif Mian and Amir Sufi
17829: Wintertime for Deceptive Advertising? Downloads
Jonathan Zinman and Eric Zitzewitz
17828: China's Financial System: Opportunities and Challenges Downloads
Franklin Allen, Jun Qian, Chenying Zhang and Mengxin Zhao
17827: Does Federal Student Aid Raise Tuition? New Evidence on For-Profit Colleges Downloads
Stephanie Riegg Cellini and Claudia Goldin
17826: China's Potential Future Growth and Gains from Trade Policy Bargaining: Some Numerical Simulation Results Downloads
Chunding Li and John Whalley
17825: Raising the Barcode Scanner: Technology and Productivity in the Retail Sector Downloads
Emek Basker
17824: Were They Prepared for Retirement? Financial Status at Advanced Ages in the HRS and AHEAD Cohorts Downloads
James Poterba, Steven Venti and David Wise
17823: Practical Monetary Policy: Examples from Sweden and the United States Downloads
Lars Svensson
17822: Does Macro-Pru Leak? Evidence from a UK Policy Experiment Downloads
Shekhar Aiyar, Charles Calomiris and Tomasz Wieladek
17821: Numeracy, financial literacy, and financial decision-making Downloads
Annamaria Lusardi
17820: What Does Human Capital Do? A Review of Goldin and Katz's The Race between Education and Technology Downloads
Daron Acemoglu and David Autor
17819: Measuring the Upstreamness of Production and Trade Flows Downloads
Pol Antras, Davin Chor, Thibault Fally and Russell Hillberry
17818: Drawn into Violence: Evidence on 'What Makes a Criminal' from the Vietnam Draft Lotteries Downloads
Jason Lindo and Charles Stoecker
17817: Optimal Asset Taxes in Financial Markets with Aggregate Uncertainty Downloads
Florian Scheuer
17816: Plant-level Productivity and Imputation of Missing Data in U.S. Census Manufacturing Data Downloads
T. Kirk White, Jerome P. Reiter and Amil Petrin
17815: Noisy Information, Distance and Law of One Price Dynamics Across US Cities Downloads
Mario Crucini, Mototsugu Shintani and Takayuki Tsuruga
17814: The Long-Term Effects of Unemployment Insurance Extensions on Employment Downloads
Johannes Schmieder, Till von Wachter and Stefan Bender
17813: The Effects of Extended Unemployment Insurance over the Business Cycle: Evidence from Regression Discontinuity Estimates Over Twenty Years Downloads
Johannes Schmieder, Till von Wachter and Stefan Bender
17812: Accounting for Real Exchange Rates Using Micro-data Downloads
Mario Crucini and Anthony Landry
17811: Information Constraints and Financial Aid Policy Downloads
Judith Scott-Clayton
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