NBER Working Papers

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16561: In Search of the Multiplier for Federal Spending in the States During the Great Depression

Price Fishback and Valentina Kachanovskaya

16560: Battles Among Licensed Occupations: Analyzing Government Regulations on Labor Market Outcomes for Dentists and Hygienists

Morris M. Kleiner and Kyoung Park

16559: Crisis "Shock Factors" and the Cross-Section of Global Equity Returns

Charles Calomiris, Inessa Love and Maria Martinez Peria

16558: Shareholder Democracy in Canada

Randall Morck

16557: Firm Heterogeneity and Costly Trade: A New Estimation Strategy and Policy Experiments

Ivan Cherkashin, Svetlana Demidova, Hiau Looi Kee and Kala Krishna

16556: Marketplace Institutions Related to the Timing of Transactions

Alvin Roth

16555: A Revealed Preference Approach to Measuring Hunger and Undernutrition

Robert T. Jensen and Nolan H. Miller

16554: Policies To Promote Growth and Economic Efficiency in Mexico

Javier Arias, Oliver Azuara, Pedro Bernal Lara, James Heckman and Cajeme Villarreal

16553: Size Anomalies in U.S. Bank Stock Returns: A Fiscal Explanation

Priyank Gandhi and Hanno Lustig

16552: Cape Verde and Mozambique as Development Successes in West and Southern Africa

Jorge Braga de Macedo and Luis Pereira

16551: Property Rights and Financial Development: The Legacy of Japanese Colonial Institutions

Dongwoo Yoo and Richard Steckel

16550: China's Foreign Trade: Perspectives From the Past 150 Years

Wolfgang Keller, Ben Li and Carol Shiue

16549: An Empirical Analysis of the Swaption Cube

Anders B. Trolle and Eduardo S. Schwartz

16548: A Note on Detecting Learning by Exporting

Jan De Loecker

16547: Toward an understanding of the relative strengths of positive and negative reciprocity

Omar Al-Ubaydli, Uri Gneezy, Min Sok Lee and John List

16546: Do Competitive Work Places Deter Female Workers? A Large-Scale Natural Field Experiment on Gender Differences in Job-Entry Decisions

Jeffrey Flory, Andreas Leibbrandt and John List

16545: Taxation and International Migration of Superstars: Evidence from the European Football Market

Henrik Kleven, Camille Landais and Emmanuel Saez

16544: Workplace Concentration of Immigrants

Fredrik Andersson, Mónica García-Pérez, John Haltiwanger, Kristin McCue and Seth Sanders

16543: Induction and Evolution in the Origin of Inventions: Evidence from Smoking Cessation Products

Seth Werfel and Adam Jaffe

16542: Embezzlement Versus Bribery

C. Fan, Chen Lin and Daniel Treisman

16541: The Effect of Uncertainty on Investment: Evidence from Texas Oil Drilling

Ryan Kellogg

16540: Analyzing Compensation Methods in Manufacturing: Piece Rates, Time Rates, or Gain-Sharing?

Susan Helper, Morris M. Kleiner and Yingchun Wang

16539: De facto Fiscal Space and Fiscal Stimulus: Definition and Assessment

Joshua Aizenman and Yothin Jinjarak

16538: How Do Energy Prices, and Labor and Environmental Regulations Affect Local Manufacturing Employment Dynamics? A Regression Discontinuity Approach

Matthew Kahn and Erin Mansur

16537: Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts

Olivier Coibion and Yuriy Gorodnichenko

16536: Interstate Migration Has Fallen Less Than You Think: Consequences of Hot Deck Imputation in the Current Population Survey

Greg Kaplan and Sam Schulhofer-Wohl

16535: Looking for Local Labor Market Effects of NAFTA

John McLaren and Shushanik Hakobyan

16534: What Does Equity Sector Orderflow Tell Us about the Economy?

Alessandro Beber, Michael W. Brandt and Kenneth A. Kavajecz

16533: The Contribution of the Minimum Wage to U.S. Wage Inequality over Three Decades: A Reassessment

David Autor, Alan Manning and Christopher Smith

16532: Estimating Turning Points Using Large Data Sets

James Stock and Mark Watson

16531: Does Home Owning Smooth the Variability of Future Housing Consumption?

Andrew Paciorek and Todd Sinai

16530: Candidates, Character, and Corruption

B. Douglas Bernheim and Navin Kartik

16529: Accelerating Energy Innovation: Insights from Multiple Sectors

Rebecca Henderson and Richard Newell

16528: What Hinders Investment in the Aftermath of Financial Crises: Insolvent Firms or Illiquid Banks?

Sebnem Kalemli-Ozcan, Herman Kamil and Carolina Villegas-Sanchez

16527: Are Household Surveys Like Tax Forms: Evidence from Income Underreporting of the Self Employed

Erik Hurst, Geng Li and Benjamin Pugsley

16526: A Macroeconomic Theory of Optimal Unemployment Insurance

Camille Landais, Pascal Michaillat and Emmanuel Saez

16525: For Better or for Worse, But How About a Recession?

Jeremy Arkes and Yu-Chu Shen

16524: Worker Absence and Productivity: Evidence from Teaching

Mariesa A. Herrmann and Jonah E. Rockoff

16523: Does Menstruation Explain Gender Gaps in Work Absenteeism?

Jonah E. Rockoff and Mariesa A. Herrmann

16522: Animal Spirits, Persistent Unemployment and the Belief Function

Roger Farmer

16521: The Effects of Government-Sponsored Venture Capital: International Evidence

James Brander, Qianqian Du and Thomas Hellmann

16520: Do Product Market Regulations in Upstream Sectors Curb Productivity Growth? Panel Data Evidence for OECD Countries

Renaud Bourlès, Gilbert Cette, Jimmy Lopez, Jacques Mairesse and Giuseppe Nicoletti

16519: Efficiency Advantages of Grandfathering in Rights-Based Fisheries Management

Terry L. Anderson, Ragnar Arnason and Gary Libecap

16518: Is Poor Fitness Contagious? Evidence from Randomly Assigned Friends

Scott Carrell, Mark Hoekstra and James West

16517: Terms of Endearment: An Equilibrium Model of Sex and Matching

Peter Arcidiacono, Andrew Beauchamp and Marjorie B. McElroy

16516: Cascades in Networks and Aggregate Volatility

Daron Acemoglu, Asuman Ozdaglar and Alireza Tahbaz-Salehi

16515: How Much Do Educational Outcomes Matter in OECD Countries?

Eric Hanushek and Ludger Woessmann

16514: Liquidity Traps: An Interest-Rate-Based Exit Strategy

Stephanie Schmitt-Grohe and Martín Uribe

16513: Economical Crime Control

Philip J Cook and Jens Ludwig

16512: The Economics of Cultural Transmission and Socialization

Alberto Bisin and Thierry Verdier

16511: Empirical Models of Consumer Behavior

Aviv Nevo

16510: Monetary Science, Fiscal Alchemy

Eric Leeper

16509: The Redistributive Effects of Political Reservation for Minorities: Evidence from India

Aimee Chin and Nishith Prakash

16508: Identifying Sibling Influence on Teenage Substance Use

Joseph Altonji, Sarah Cattan and Iain Ware

16507: Supply Responses to Digital Distribution: Recorded Music and Live Performances

Julie Mortimer, Chris Nosko and Alan Sorensen

16506: Effects of Product Availability: Experimental Evidence

Christopher Conlon and Julie Mortimer

16505: What the Government Purchases Multiplier Actually Multiplied in the 2009 Stimulus Package

John F. Cogan and John Taylor

16504: The State of the Safety Net in the Post-Welfare Reform Era

Marianne Bitler and Hilary Hoynes

16503: Policy Effects in Hyperbolic vs. Exponential Models of Consumption and Retirement

Alan Gustman and Thomas L. Steinmeier

16502: Don't Spread Yourself Too Thin: The Impact of Task Juggling on Workers' Speed of Job Completion

Decio Coviello, Andrea Ichino and Nicola Persico

16501: The Growth in Social Security Benefits Among the Retirement Age Population from Increases in the Cap on Covered Earnings

Alan Gustman, Thomas Steinmeier and Nahid Tabatabai

16500: Financial Knowledge and Financial Literacy at the Household Level

Alan Gustman, Thomas L. Steinmeier and Nahid Tabatabai

16499: Measuring the Effects of Segregation in the Presence of Social Spillovers: A Nonparametric Approach

Bryan Graham, Guido Imbens and Geert Ridder

16498: Dynamic Labor Demand in China: Public and Private Objectives

Russell Cooper, Guan Gong and Ping Yan

16497: Snow and Leverage

Xavier Giroud, Holger M. Mueller, Alex Stomper and Arne Westerkamp

16496: The Benefits of Breastfeeding Across the Early Years of Childhood

Clive R. Belfield and Inas Kelly

16495: Inflation and the Fiscal Limit

Troy Davig, Eric Leeper and Todd Walker

16494: Productivity Growth and the Regional Dynamics of Antebellum Southern Development

Alan Olmstead and Paul Rhode

16493: Counter-Suicide-Terrorism: Evidence from House Demolitions

Efraim Benmelech, Claude Berrebi and Esteban Klor

16492: Composition of Capital Flows: A Survey

Koralai Kirabaeva and Assaf Razin

16491: Currency Carry Trades

Travis Berge, Oscar Jorda and Alan Taylor

16490: Agency Problems and the Fate of Capitalism

Randall Morck and Bernard Yeung

16489: Do People Seek to Maximize Happiness? Evidence from New Surveys

Daniel Benjamin, Ori Heffetz, Miles Kimball and Alex Rees-Jones

16488: Modeling Inflation After the Crisis

James Stock and Mark Watson

16487: Railroads of the Raj: Estimating the Impact of Transportation Infrastructure

Dave Donaldson

16486: What Are the Costs of Meeting Distributional Objectives for Climate Policy?

Ian Parry and Roberton Williams

16485: Endogenous Information Flows and the Clustering of Announcements

Viral Acharya, Peter DeMarzo and Ilan Kremer

16484: Labor Laws and Innovation

Viral Acharya, Ramin P. Baghai and Krishnamurthy Subramanian

16483: A Dynamic Explanation of the Willingness to Pay and Willingness to Accept Disparity

Catherine Kling, John List and Jinhua Zhao

16482: Carbon Prices and Automobile Greenhouse Gas Emissions: The Extensive and Intensive Margins

Christopher Knittel and Ryan Sandler

16481: The Decline and Rise of Agricultural Productivity in Sub-Saharan Africa Since 1961

Steven Block

16480: Lead and Mortality

Karen Clay, Werner Troesken and Michael Haines

16479: How Big (Small?) are Fiscal Multipliers?

Ethan Ilzetzki, Enrique Mendoza and Carlos Vegh

16478: Fiscal fragility: what the past may say about the future

Joshua Aizenman and Gurnain Pasricha

16477: U.S. Monetary and Fiscal Policy in the 1930s

Price Fishback

16476: Institutional Requirements for Effective Imposition of Fines

Anne Piehl and Geoffrey Williams

16475: Can Militants Use Violence to Win Public Support? Evidence from the Second Intifada

David Jaeger, Esteban Klor, Sami H. Miaari and M. Daniele Paserman

16474: Estimating Marginal Returns to Education

Pedro Carneiro, James Heckman and Edward Vytlacil

16473: Do Entry Regulations Deter Entrepreneurship and Job Creation? Evidence from Recent Reforms in Portugal

Lee Branstetter, Francisco Lima, Lowell Taylor and Ana Venâncio

16472: International Migration and Human Rights

Gordon Hanson

16471: Birth Rates and Border Crossings: Latin American Migration to the US, Canada, Spain, and the UK

Gordon Hanson and Craig McIntosh

16470: Why Isn't Mexico Rich?

Gordon Hanson

16469: On the Correlation Structure of Microstructure Noise: A Financial Economic Approach

Francis Diebold and Georg Strasser

16468: Noise as Information for Illiquidity

Xing Hu, Jun Pan and Jiang Wang

16467: The Medical Care Costs of Obesity: An Instrumental Variables Approach

John Cawley and Chad Meyerhoefer

16466: The Taxation of Fuel Economy

James Sallee

16465: Bend It Like Beckham: Ethnic Identity and Integration

Alberto Bisin, Eleonora Patacchini, Thierry Verdier and Yves Zenou

16464: Stock Market Expectations of Dutch Households

Michael Hurd, Maarten van Rooij and Joachim Winter

16463: The Impact of College Education on Geographic Mobility: Identifying Education Using Multiple Components of Vietnam Draft Risk

Ofer Malamud and Abigail Wozniak

16462: Government, Openness and Finance: Past and Present

Panicos Demetriades and Peter Rousseau