NBER Working Papers

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16110: Building Bridges Between Structural and Program Evaluation Approaches to Evaluating Policy

James J. Heckman

16109: Belts and Suspenders: Interactions Among Climate Policy Regulations

Arik Levinson

16108: U.S. War Costs: Two Parts Temporary, One Part Permanent

Ryan Edwards

16107: The Political Economy of the Subprime Mortgage Credit Expansion

Atif Mian, Amir Sufi and Francesco Trebbi

16106: US Trade and Wages: The Misleading Implications of Conventional Trade Theory

Lawrence Edwards and Robert Lawrence

16105: Do Developed and Developing Countries Compete Head to Head in High-tech?

Lawrence Edwards and Robert Lawrence

16104: Markets for Anthropogenic Carbon Within the Larger Carbon Cycle

Severin Borenstein

16103: International Business Cycle Synchronization in Historical Perspective

Michael Bordo and Thomas F. Helbling

16102: Do Consumer Price Subsidies Really Improve Nutrition?

Robert T. Jensen and Nolan H. Miller

16101: Distributional Impacts in a Comprehensive Climate Policy Package

Gilbert Metcalf, Aparna Mathur and Kevin A. Hassett

16100: How Can Policy Encourage Economically Sensible Climate Adaptation?

V. Kerry Smith

16099: Incorporating Employee Heterogeneity into Default Rules for Retirement Plan Selection

Gopi Goda and Colleen Flaherty Manchester

16098: Nominal Rigidities and Retail Price Dispersion in Canada over the Twentieth Century

Ross D. Hickey and David Jacks

16097: Income Inequality, the Median Voter, and the Support for Public Education

Sean Corcoran and William Evans

16096: Assessing the Incidence and Efficiency of a Prominent Place Based Policy

Matias Busso, Jesse Gregory and Patrick Kline

16095: Optimal Monetary Stabilization Policy

Michael Woodford

16094: The Dynamics of Optimal Risk Sharing

Patrick Bolton and Christopher Harris

16093: The Optimal Inflation Rate in New Keynesian Models

Olivier Coibion, Yuriy Gorodnichenko and Johannes Wieland

16092: Monetary Theory from a Chinese Historical Perspective

Zheng Xueyi, Yaguang Zhang and John Whalley

16091: Overborrowing, Financial Crises and 'Macro-prudential' Taxes

Javier Bianchi and Enrique Mendoza

16090: The Potential Global and Developing Country Impacts of Alternative Emission Cuts and Accompanying Mechanisms for the Post Copenhagen Process

Huifang Tian and John Whalley

16089: Is it Live or is it Internet? Experimental Estimates of the Effects of Online Instruction on Student Learning

David Figlio, Mark Rush and Lu Yin

16088: Trends in World Inequality in Life Span Since 1970

Ryan Edwards

16087: Understanding Policy in the Great Recession: Some Unpleasant Fiscal Arithmetic

John Cochrane

16086: States in Fiscal Distress

Robert P. Inman

16085: Competing for Attention in Financial Markets

Bruce Ian Carlin, Shaun William Davies and Andrew Miles Iannaccone

16084: Are Free Trade Agreements Contagious?

Richard Baldwin and Dany Jaimovich

16083: Social Structure and Development: A Legacy of the Holocaust in Russia

Daron Acemoglu, Tarek A. Hassan and James Robinson

16082: Skills, Tasks and Technologies: Implications for Employment and Earnings

Daron Acemoglu and David Autor

16081: Do Sticky Prices Increase Real Exchange Rate Volatility at the Sector Level?

Mario Crucini, Mototsugu Shintani and Takayuki Tsuruga

16080: Adverse Selection, Reputation and Sudden Collapses in Secondary Loan Markets

Varadarajan Chari, Ali Shourideh and Ariel Zetlin-Jones

16079: Do Global Banks Spread Global Imbalances? The Case of Asset-Backed Commercial Paper During the Financial Crisis of 2007-09

Viral Acharya and Philipp Schnabl

16078: Scaling the Digital Divide: Home Computer Technology and Student Achievement

Jacob Vigdor and Helen Ladd

16077: The Effect of Hospital Nurse Staffing on Patient Health Outcomes: Evidence from California's Minimum Staffing Regulation

Andrew Cook, Martin Gaynor, Melvin Stephens, Jr. and Lowell Taylor

16076: Income and the Utilization of Long-Term Care Services: Evidence from the Social Security Benefit Notch

Gopi Goda, Ezra Golberstein and David C. Grabowski

16075: Measuring Business Cycles by Saving for a Rainy Day

Mario Crucini and Mototsugu Shintani

16074: DSGE Models for Monetary Policy Analysis

Lawrence Christiano, Mathias Trabandt and Karl Walentin

16073: Composition of Wealth, Conditioning Information, and the Cross-Section of Stock Returns

Nikolai Roussanov

16072: Effects of Welfare Reform on Illicit Drug Use of Adult Women

Hope Corman, Dhaval Dave, Nancy E. Reichman and Dhiman Das

16071: Business Cycles With A Common Trend in Neutral and Investment-Specific Productivity

Stephanie Schmitt-Grohe and Martín Uribe

16070: School accountability and teacher mobility

Li Feng, David Figlio and Tim Sass

16069: Evaluating the Effects of Large Scale Health Interventions in Developing Countries: The Zambian Malaria Initiative

Nava Ashraf, Günther Fink and David Weil

16068: Neglected Risks, Financial Innovation, and Financial Fragility

Nicola Gennaioli, Andrei Shleifer and Robert Vishny

16067: Oil, Automobiles, and the U.S. Economy: How Much have Things Really Changed?

Valerie Ramey and Daniel J. Vine

16066: Recessions, Reeling Markets, and Retiree Well-Being

Courtney Coile and Phillip Levine

16065: In Search of Real Rigidities

Gita Gopinath and Oleg Itskhoki

16064: The GED

James J. Heckman, John Humphries and Nicholas S. Mader

16063: Risk Aversion and Wealth: Evidence from Person-to-Person Lending Portfolios

Daniel Paravisini, Veronica Rappoport and Enrichetta Ravina

16062: Field Experiments in Labor Economics

John List and Imran Rasul

16061: Indian Equity Markets: Measures of Fundamental Value

Rajnish Mehra

16060: The Collateral Channel: How Real Estate Shocks Affect Corporate Investment

Thomas Chaney, David Sraer and David Thesmar

16059: The Great Trade Collapse of 2008-09: An Inventory Adjustment?

George Alessandria, Joseph Kaboski and Virgiliu Midrigan

16058: Aggregate Idiosyncratic Volatility

Geert Bekaert, Robert J. Hodrick and Xiaoyan Zhang

16057: Segregation and Tiebout Sorting: Investigating the Link between Investments in Public Goods and Neighborhood Tipping

Spencer Banzhaf and Randall Walsh

16056: Competitive Effects of Means-Tested School Vouchers

David Figlio and Cassandra M.D. Hart

16055: Unpacking Neighborhood Influences on Education Outcomes: Setting the Stage for Future Research

David J. Harding, Lisa Gennetian, Christopher Winship, Lisa Sanbonmatsu and Jeffrey Kling

16054: The Optimal Rate of Inflation

Stephanie Schmitt-Grohe and Martín Uribe

16053: Distributional Implications of Alternative U.S. Greenhouse Gas Control Measures

Sebastian Rausch, Gilbert Metcalf, John Reilly and Sergey Paltsev

16052: External Capital Structures and Oil Price Volatility

John Burger, Alessandro Rebucci, Francis Warnock and Veronica Warnock

16051: Are Increasing 5-Year Survival Rates Evidence of Success Against Cancer? A reexamination using data from the U.S. and Australia

Frank Lichtenberg

16050: Ambiguity and Climate Policy

Antony Millner, Simon Dietz and Geoffrey Heal

16049: Contracts between Legal Persons

Lewis A. Kornhauser and W. Bentley Macleod

16048: Great Expectations: Law, Employment Contracts, and Labor Market Performance

W. Bentley Macleod

16047: Are Leading Indicators of Financial Crises Useful for Assessing Country Vulnerability? Evidence from the 2008-09 Global Crisis

Jeffrey Frankel and George Saravelos

16046: Exports, Borders, Distance, and Plant Size

Thomas J. Holmes and John J. Stevens

16045: Decomposition Methods in Economics

Nicole Fortin, Thomas Lemieux and Sergio Firpo

16044: Does Foreign Exchange Reserve Decumulation Lead to Currency Appreciation?

Kathryn Dominguez, Rasmus Fatum and Pavel Vacek

16043: Growth Accounting with Misallocation: Or, Doing Less with More in Singapore

John Fernald and Brent Neiman

16042: Chasing Noise

Brock Mendel and Andrei Shleifer

16041: CEO Overconfidence and Innovation

Alberto Galasso and Timothy S. Simcoe

16040: Coordination, Switching Costs and the Division of Labor in General Medicine: An Economic Explanation for the Emergence of Hospitalists in the United States

David O. Meltzer and Jeanette W. Chung

16039: An Empirical Model for Strategic Network Formation

Nicholas A. Christakis, James H. Fowler, Guido Imbens and Karthik Kalyanaraman

16038: Investment under Uncertainty: Testing the Options Model with Professional Traders

John List and Michael S. Haigh

16037: Measuring the Economic Effect of Global Warming on Viticulture Using Auction, Retail, and Wholesale Prices

Orley Ashenfelter and Karl Storchmann

16036: How Can Behavioral Economics Inform Non-Market Valuation? An Example from the Preference Reversal Literature

Jonathan Alevy, John List and Wiktor Adamowicz

16035: Rare Disasters and Risk Sharing with Heterogeneous Beliefs

Hui Chen, Scott Joslin and Ngoc-Khanh Tran

16034: Does Trade Cause Capital to Flow? Evidence from Historical Rainfall

Sebnem Kalemli-Ozcan, Alex Nikolsko-Rzhevskyy and Jun Hee Kwak

16033: Evidence on the Determinants of the Choice between Wage Posting and Wage Bargaining

Robert E. Hall and Alan Krueger

16032: The Impact of Competition on Management Quality: Evidence from Public Hospitals

Nicholas Bloom, Carol Propper, Stephan Seiler and John van Reenen

16031: Self-Fulfilling Credit Market Freezes

Lucian Bebchuk and Itay Goldstein

16030: Where Are The Health Care Entrepreneurs? The Failure of Organizational Innovation in Health Care

David Cutler

16029: All Banks Great, Small, and Global: Loan pricing and foreign competition

Beatriz de Blas and Katheryn Russ

16028: Matching with Couples: Stability and Incentives in Large Markets

Fuhito Kojima, Parag Pathak and Alvin Roth

16027: Global shocks, economic growth and financial crises: 120 years of New Zealand experience

Michael Bordo, David Hargreaves and Mizuho Kida

16026: Genetic Interactions with Prenatal Social Environment: Effects on Academic and Behavioral Outcomes

Dalton Conley and Emily Rauscher

16025: How Much is Social Capital Worth?

John F. Helliwell and Christopher Barrington-Leigh

16024: Understanding Creativity

David Galenson

16023: The Cost of Debt

Jules van Binsbergen, John Graham and Jie Yang

16022: Rationalizing Trading Frequency and Returns

Yosef Bonaparte and Russell Cooper

16021: Economic Opportunities and Gender Differences in Human Capital: Experimental Evidence for India

Robert T. Jensen

16020: Financial Innovation, the Discovery of Risk, and the U.S. Credit Crisis

Emine Boz and Enrique Mendoza

16019: Human Resource Management and Productivity

Nicholas Bloom and John van Reenen

16018: Building Social Capital Through MicroFinance

Benjamin Feigenberg, Erica M. Field and Rohini Pande

16017: Recruiting Effective Math Teachers: How Do Math Immersion Teachers Compare?: Evidence from New York City

Donald Boyd, Pam Grossman, Karen Hammerness, Hamilton Lankford, Susanna Loeb, Mathew Ronfeldt and James Wyckoff

16016: Program Evaluation and Research Designs

John DiNardo and David S. Lee

16015: Measure for Measure: The relationship between measures of instructional practice in middle school English Language Arts and teachers' value-added scores

Pam Grossman, Susanna Loeb, Julia Cohen, Karen Hammerness, James Wyckoff, Donald Boyd and Hamilton Lankford

16014: Characterizing Markets for Biopharmaceutical Innovations: Do Biologics Differ from Small Molecules?

Mark Trusheim, Murray L. Aitken and Ernst R. Berndt

16013: The Effect of Education on Adult Health and Mortality: Evidence from Britain

Damon Clark and Heather Royer

16012: The Impact of Health Care Reform On Hospital and Preventive Care: Evidence from Massachusetts

Jonathan Kolstad and Amanda Kowalski

16011: Medicare Part D and its Effect on the Use of Prescription Drugs, Use of Other Health Care Services and Health of the Elderly

Robert Kaestner and Nasreen Khan