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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- 16779: Net Fiscal Stimulus During the Great Recession

- Joshua Aizenman and Gurnain Pasricha
- 16778: A Global View of Productivity Growth in China

- Chang-Tai Hsieh and Ralph Ossa
- 16777: Margin-Based Asset Pricing and Deviations from the Law of One Price

- Nicolae Gârleanu and Lasse Pedersen
- 16776: Rethinking America's Illegal Drug Policy

- John Donohue, Benjamin Ewing and David Peloquin
- 16775: Targeted Transfers and the Fiscal Response to the Great Recession

- Hyunseung Oh and Ricardo Reis
- 16774: Transition to FDI Openness: Reconciling Theory and Evidence

- Ellen McGrattan
- 16773: The Fragility of Estimated Effects of Unilateral Divorce Laws on Divorce Rates

- Jin Young Lee and Gary Solon
- 16772: Health Care Spending Growth and the Future of U.S. Tax Rates

- Katherine Baicker and Jonathan Skinner
- 16771: Why Are Saving Rates so High in China?

- Dennis Yang, Junsen Zhang and Shaojie Zhou
- 16770: The Cross-Section of Hurdle Rates for Capital Budgeting: An Empirical Analysis of Survey Data

- Ravi Jagannathan, Iwan Meier and Vefa Tarhan
- 16769: Saints Marching In, 1590-2009

- Robert Barro and Rachel M. McCleary
- 16768: Does the Indexing of Government Transfers Make Carbon Pricing Progressive?

- Don Fullerton, Garth Heutel and Gilbert Metcalf
- 16767: FDI Spillovers and Industrial Policy: The Role of Tariffs and Tax Holidays

- Luosha Du, Ann Harrison and Gary Jefferson
- 16766: Securitization without Adverse Selection: The Case of CLOs

- Efraim Benmelech, Jennifer Dlugosz and Victoria Ivashina
- 16765: Is It Whom You Know or What You Know? An Empirical Assessment of the Lobbying Process

- Marianne Bertrand, Matilde Bombardini and Francesco Trebbi
- 16764: Investors' and Central Bank's Uncertainty Embedded in Index Options

- Alexander David and Pietro Veronesi
- 16763: The Promise and Performance of the Federal Reserve as Lender of Last Resort 1914-1933

- Michael Bordo and David Wheelock
- 16762: The Value of Terroir: Hedonic Estimation of Vineyard Sale Prices

- Robin Cross, Andrew J. Plantinga and Robert Stavins
- 16761: Financial Integration, Entrepreneurial Risk and Global Imbalances

- George-Marios Angeletos and Vasia Panousi
- 16760: The Distribution of the Size of Price Changes

- Alberto Cavallo and Roberto Rigobon
- 16759: Did the Stimulus Stimulate? Real Time Estimates of the Effects of the American Recovery and Reinvestment Act

- James Feyrer and Bruce Sacerdote
- 16758: Unconventional Fiscal Policy at the Zero Bound

- Isabel Correia, Emmanuel Farhi, Juan Pablo Nicolini and Pedro Teles
- 16757: The Service Sector as India's Road to Economic Growth

- Barry Eichengreen and Poonam Gupta
- 16756: Reducing Greenhouse Gas Emissions by Forest Protection: The Transaction Costs of REDD

- Lee Alston and Krister Andersson
- 16755: Monetary Policy Strategy: Lessons from the Crisis

- Frederic Mishkin
- 16754: Currency and Financial Crises of the 1990s and 2000s

- Assaf Razin and Steven Rosefielde
- 16753: The Network Structure of International Trade

- Thomas Chaney
- 16752: Deposit Insurance Without Commitment: Wall St. Versus Main St

- Russell Cooper and Hubert Kempf
- 16751: Consumption and Income Poverty over the Business Cycle

- Bruce Meyer and James Sullivan
- 16750: Bubbly Liquidity

- Emmanuel Farhi and Jean Tirole
- 16749: Insurance and Taxation over the Life Cycle

- Emmanuel Farhi and Iván Werning
- 16748: Marital Sorting and Parental Wealth

- Kerwin Kofi Charles, Erik Hurst and Alexandra Killewald
- 16747: A Model of Momentum

- Laura Xiaolei Liu and Lu Zhang
- 16746: Estimating the Returns to Urban Boarding Schools: Evidence from SEED

- Vilsa E. Curto and Roland Fryer
- 16745: Under Pressure: Job Security, Resource Allocation, and Productivity in Schools Under NCLB

- Randall Reback, Jonah Rockoff and Heather L. Schwartz
- 16744: On the Persistent Financial Losses of U.S. Airlines: A Preliminary Exploration

- Severin Borenstein
- 16743: Sale Rates and Price Movements in Art Auctions

- Orley Ashenfelter and Kathryn Graddy
- 16742: Misallocation, Economic Growth, and Input-Output Economics

- Charles Jones
- 16741: The Long Slump

- Robert Hall
- 16740: How Financial Literacy and Impatience Shape Retirement Wealth and Investment Behaviors

- Justine Hastings and Olivia Mitchell
- 16739: Making friends with your neighbors? Agglomeration and tacit collusion in the lodging industry

- Li Gan and Manuel Hernandez
- 16738: A Simple Test of Private Information in the Insurance Markets with Heterogeneous Insurance Demand

- Li Gan, Feng Huang and Adalbert Mayer
- 16737: Capital-Market Effects of Securities Regulation: Prior Conditions, Implementation, and Enforcement

- Hans B. Christensen, Luzi Hail and Christian Leuz
- 16736: Economic Impacts of Immigration: A Survey

- Sari Pekkala Kerr and William Kerr
- 16735: Transaction Cost Regulation

- Pablo Spiller
- 16734: Understanding Booms and Busts in Housing Markets

- Craig Burnside, Martin Eichenbaum and Sergio Rebelo
- 16733: Learning Versus Stealing: How Important are Market-Share Reallocations to India's Productivity Growth?

- Ann Harrison, Leslie Martin and Shanthi Nataraj
- 16732: Electricity Consumption and Durable Housing: Understanding Cohort Effects

- Dora Costa and Matthew Kahn
- 16731: If Drug Treatment Works So Well, Why Are So Many Drug Users in Prison?

- Harold Pollack, Peter Reuter and Eric L. Sevigny
- 16730: Why Is an Elite Undergraduate Education Valuable? Evidence from Israel

- Kevin Lang and Erez Siniver
- 16729: Does Indivisible Labor Explain the Difference Between Micro and Macro Elasticities? A Meta-Analysis of Extensive Margin Elasticities

- Raj Chetty, Adam Guren, Dayanand Manoli and Andrea Weber
- 16728: Behavioral Economics Perspectives on Public Sector Pension Plans

- John Beshears, James Choi, David Laibson and Brigitte Madrian
- 16727: Informational Rents, Macroeconomic Rents, and Efficient Bailouts

- Thomas Philippon and Philipp Schnabl
- 16726: Differences of Opinion and International Equity Markets

- Bernard Dumas, Karen Lewis and Emilio Osambela
- 16725: Credit Spreads as Predictors of Real-Time Economic Activity: A Bayesian Model-Averaging Approach

- Jon Faust, Simon Gilchrist, Jonathan Wright and Egon Zakrajšek
- 16724: Liquidity Mergers

- Heitor Almeida, Murillo Campello and Dirk Hackbarth
- 16723: Selection in Insurance Markets: Theory and Empirics in Pictures

- Liran Einav and Amy Finkelstein
- 16722: Non-Production Benefits of Education: Crime, Health, and Good Citizenship

- Lance Lochner
- 16721: Mobile Money: The Economics of M-PESA

- William Jack and Tavneet Suri
- 16720: Individual Rationality and Participation in Large Scale, Multi-Hospital Kidney Exchange

- Itai Ashlagi and Alvin Roth
- 16719: Social Security and Retirement around the World: Historical Trends in Mortality and Health, Employment, and Disability Insurance Participation and Reforms - Introduction and Summary

- Kevin Milligan and David Wise
- 16718: Fertility and the Plough

- Alberto Alesina, Paola Giuliano and Nathan Nunn
- 16717: Trade Induced Technical Change? The Impact of Chinese Imports on Innovation, IT and Productivity

- Nicholas Bloom, Mirko Draca and John van Reenen
- 16716: Risk Response in Agriculture

- Jeffrey LaFrance, Rulon Pope and Jesse Tack
- 16715: Is the Endowment Effect a Reference Effect?

- Ori Heffetz and John List
- 16714: Forecasts in a Slightly Misspecified Finite Order VAR

- Ulrich K. Müller and James Stock
- 16713: Assessing China's Top-Down Securities Markets

- William T. Allen and Han Shen
- 16712: What Does Futures Market Interest Tell Us about the Macroeconomy and Asset Prices?

- Harrison Hong and Motohiro Yogo
- 16711: The Equal Environments Assumption in the Post-Genomic Age: Using Misclassified Twins to Estimate Bias in Heritability Models

- Dalton Conley and Emily Rauscher
- 16710: The Design of Performance Pay in Education

- Derek Neal
- 16709: Supply and Effects of Specialty Crop Insurance

- Ethan Ligon
- 16708: One-node Quadrature Beats Monte Carlo: A Generalized Stochastic Simulation Algorithm

- Kenneth Judd, Lilia Maliar and Serguei Maliar
- 16707: Why Are Target Interest Rate Changes So Persistent?

- Olivier Coibion and Yuriy Gorodnichenko
- 16706: Modeling Processor Market Power and the Incidence of Agricultural Policy: A Non-parametric Approach

- Rachael Goodhue and Carlo Russo
- 16705: Implications of Population Aging for Economic Growth

- David Bloom, David Canning and Günther Fink
- 16704: Determinants of Foreign Direct Investment

- Bruce Blonigen and Jeremy Piger
- 16703: Six Distributional Effects of Environmental Policy

- Don Fullerton
- 16702: White Suburbanization and African-American Home Ownership, 1940-1980

- Leah Boustan and Robert Margo
- 16701: Negative Equity Does Not Reduce Homeowners' Mobility

- Sam Schulhofer-Wohl
- 16700: The Impact of Plant-level Resource Reallocations and Technical Progress on U.S. Macroeconomic Growth

- Amil Petrin, T. Kirk White and Jerome P. Reiter
- 16699: How Agricultural Biotechnology Boosts Food Supply and Accomodates Biofuels

- Steven Sexton and David Zilberman
- 16698: Decreasing Delinquency, Criminal Behavior, and Recidivism by Intervening on Psychological Factors Other than Cognitive Ability: A Review of the Intervention Literature

- Patrick L. Hill, Brent W. Roberts, Jeffrey Grogger, Jonathan Guryan and Karen Sixkiller
- 16697: Meeting the Mandate for Biofuels: Implications for Land Use, Food and Fuel Prices

- Xiaoguang Chen, Haixiao Huang, Madhu Khanna and Hayri Onal
- 16696: Heterogeneity and Risk Sharing in Village Economies

- Pierre Chiappori, Krislert Samphantharak, Sam Schulhofer-Wohl and Robert Townsend
- 16695: Water Quality Violations and Avoidance Behavior: Evidence from Bottled Water Consumption

- Joshua Graff Zivin, Matthew Neidell and Wolfram Schlenker
- 16694: Provincial and Local Governments in China: Fiscal Institutions and Government Behavior

- Roger Gordon and Wei Li
- 16693: The Buck Stops Where? The Distribution of Agricultural Subsidies

- Barry Goodwin, Ashok Mishra and Francois Ortalo-Magne
- 16692: Investigating the Dynamic Effects of Counterfeits with a Random Changepoint Simultaneous Equation Model

- Yi Qian and Hui Xie
- 16691: Matching Firms, Managers and Incentives

- Oriana Bandiera, Andrea Prat, Luigi Guiso and Raffaella Sadun
- 16690: Does Decreased Access to Emergency Departments Affect Patient Outcomes? Analysis of AMI Population 1996-2005

- Yu-Chu Shen and Renee Y. Hsia
- 16689: Partnership fragility and credit costs

- Howard Bodenhorn
- 16688: Did Doubling Reserve Requirements Cause the Recession of 1937-1938? A Microeconomic Approach

- Charles Calomiris, Joseph Mason and David Wheelock
- 16687: Letting Down the Team? Evidence of Social Effects of Team Incentives

- Philip Babcock, Kelly Bedard, Gary Charness, John Hartman and Heather Royer
- 16686: Rebalancing and the Chinese VAT: Some Numerical Simulation Results

- Chunding Li and John Whalley
- 16685: Foreclosures, House Prices, and the Real Economy

- Atif Mian, Amir Sufi and Francesco Trebbi
- 16684: Consumer Spending and the Economic Stimulus Payments of 2008

- Jonathan Parker, Nicholas Souleles, David S. Johnson and Robert McClelland
- 16683: The Diffusion of Scientific Knowledge Across Time and Space: Evidence from Professional Transitions for the Superstars of Medicine

- Pierre Azoulay, Joshua Graff Zivin and Bhaven Sampat
- 16682: A Dynamic Theory of Resource Wars

- Daron Acemoglu, Mikhail Golosov, Aleh Tsyvinski and Pierre Yared
- 16681: Stochastic Growth in the United States and Euro Area

- Peter Ireland
- 16680: Best Prices

- Judith Chevalier and Anil Kashyap
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