NBER Working Papers

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15510: Heterogeneity in the effect of regulation on entrepreneurship and entry size

Silvia Ardagna and Annamaria Lusardi

15509: The Gravity of Knowledge

Wolfgang Keller and Stephen Yeaple

15508: The Level and Distribution of Global Household Wealth

James Davies, Susanna Sandström, Anthony B. Shorrocks and Edward Wolff

15507: The Effect of Immigration on Productivity: Evidence from US States

Giovanni Peri

15506: Risk Price Dynamics

Jaroslav Borovička, Lars Hansen, Mark Hendricks and Jose Scheinkman

15505: On Quality Bias and Inflation Targets

Stephanie Schmitt-Grohe and Martín Uribe

15504: An Empirical Evaluation of the Long-Run Risks Model for Asset Prices

Ravi Bansal, Dana Kiku and Amir Yaron

15503: Import Competition and Quality Upgrading

Mary Amiti and Amit Khandelwal

15502: Art and Money

William Goetzmann, Luc Renneboog and Christophe Spaenjers

15501: The Agglomeration of US Ethnic Inventors

William Kerr

15500: Human Capital In China

Haizheng Li, Barbara M. Fraumeni, Zhiqiang Liu and Xiaojun Wang

15499: Banking Deregulations, Financing Constraints, and Firm Entry Size

William Kerr and Ramana Nanda

15498: Financing Constraints and Entrepreneurship

William Kerr and Ramana Nanda

15497: Family Violence and Football: The Effect of Unexpected Emotional Cues on Violent Behavior

David Card and Gordon Dahl

15496: By How Much Does GDP Rise if the Government Buys More Output?

Robert Hall

15495: Regulation, Allocation, and Leakage in Cap-and-Trade Markets for CO2

James Bushnell and Yihsu Chen

15494: Foreign Demand for Domestic Currency and the Optimal Rate of Inflation

Stephanie Schmitt-Grohe and Martín Uribe

15493: Family Bonding with Universities

Jonathan Meer and Harvey Rosen

15492: The Economics of Trade Agreements in the Linear Cournot Delocation Model

Kyle Bagwell and Robert Staiger

15491: Revealing Failures in the History of School Finance

Peter Lindert

15490: Cross-Country Differences in Productivity: The Role of Allocation and Selection

Eric Bartelsman, John Haltiwanger and Stefano Scarpetta

15489: The Role of Search in University Productivity: Inside, Outside, and Interdisciplinary Dimensions

James Adams and J. Roger Clemmons

15488: Trends in the Level and Distribution of Income Support

Robert Moffitt and John Scholz

15487: A Preferred-Habitat Model of the Term Structure of Interest Rates

Dimitri Vayanos and Jean-Luc Vila

15486: Bidding for Brains: Intellectual Property Rights and the International Migration of Knowledge Workers

Carol McAusland and Peter Kuhn

15485: The Impact of Minimum Wage Rates on Body Weight in the United States

David O. Meltzer and Zhuo Chen

15484: Hoarding International Reserves Versus a Pigovian Tax-Cum-Subsidy Scheme: Reflections on the Deleveraging Crisis of 2008-9, and a Cost Benefit Analysis

Joshua Aizenman

15483: Unequal We Stand: An Empirical Analysis of Economic Inequality in the United States, 1967-2006

Jonathan Heathcote, Fabrizio Perri and Giovanni Violante

15482: Dynamic Debt Runs

Zhiguo He and Wei Xiong

15481: The Chinese Warrants Bubble

Wei Xiong and Jialin Yu

15480: Short-run Effects of Parental Job Loss on Children's Academic Achievement

Ann Stevens and Jessamyn Schaller

15479: Fire Sales in a Model of Complexity

Ricardo Caballero and Alp Simsek

15478: Thirty Years of Currency Crises in Argentina: External Shocks or Domestic Fragility?

Graciela Kaminsky, Amine Mati and Nada Choueiri

15477: Families as Roommates: Changes in U.S. Household Size from 1850 to 2000

Alejandrina Salcedo, Todd Schoellman and Michele Tertilt

15476: The Welfare Effects of Ticket Resale

Phillip Leslie and Alan Sorensen

15475: The Global 1970s and the Echo of the Great Depression

Alan Taylor

15474: The US Productivity Slowdown, the Baby Boom, and Management Quality

James Feyrer

15473: Are High Quality Schools Enough to Close the Achievement Gap? Evidence from a Social Experiment in Harlem

Will Dobbie and Roland Fryer

15472: Mortgage Default, Foreclosure, and Bankruptcy

Wenli Li and Michelle White

15471: The Rate of Return to the High/Scope Perry Preschool Program

James Heckman, Seong Hyeok Moon, Rodrigo Pinto, Peter Savelyev and Adam Yavitz

15470: Micro, Macro, and Strategic Forces in International Trade Invoicing

Linda Goldberg and Cédric Tille

15469: Financial Literacy and Financial Sophistication Among Older Americans

Annamaria Lusardi, Olivia Mitchell and Vilsa Curto

15468: Investments in Pharmaceuticals Before and After TRIPS

Margaret Kyle and Anita McGahan

15467: Why are the 2000s so different from the 1970s? A structural interpretation of changes in the macroeconomic effects of oil prices

Olivier Blanchard and Marianna Riggi

15466: Incentives and Creativity: Evidence from the Academic Life Sciences

Pierre Azoulay, Joshua Graff Zivin and Gustavo Manso

15465: The Economic Cost of Harboring Terrorism

Efraim Benmelech, Claude Berrebi and Esteban Klor

15464: Identifying Government Spending Shocks: It's All in the Timing

Valerie Ramey

15463: Testing the Correlated Random Coefficient Model

James Heckman, Daniel A. Schmierer and Sergio Urzua

15462: Can Owning a Home Hedge the Risk of Moving?

Todd Sinai and Nicholas Souleles

15461: Cheaper By the Dozen: Using Sibling Discounts at Catholic Schools to Estimate the Price Elasticity of Private School Attendance

Susan Dynarski, Jonathan Gruber and Danielle Li

15460: Breach, Remedies and Dispute Settlement in Trade Agreements

Giovanni Maggi and Robert Staiger

15459: Can Learnability Save New-Keynesian Models?

John Cochrane

15458: Paulson's Gift

Pietro Veronesi and Luigi Zingales

15457: The Demographics of Innovation and Asset Returns

Nicolae Gârleanu, Leonid Kogan and Stavros Panageas

15456: Risk Protection, Service Use, and Health Outcomes Under Colombia's Health Insurance Program for the Poor

Grant Miller, Diana M. Pinto and Marcos Vera-Hernandez

15455: Is Newer Better? Penn World Table Revisions and Their Impact on Growth Estimates

Simon Johnson, William Larson, Chris Papageorgiou and Arvind Subramanian

15454: A Theory of Banks, Bonds, and the Distribution of Firm Size

Katheryn Russ and Diego Valderrama

15453: Are CEOs Expected Utility Maximizers?

John List and Charles Mason

15452: Macro-Hedging for Commodity Exporters

Eduardo Borensztein, Olivier Jeanne and Damiano Sandri

15451: The Environment and Directed Technical Change

Daron Acemoglu, Philippe Aghion, Leonardo Bursztyn and David Hemous

15450: Rational Attention Allocation Over the Business Cycle

Marcin Kacperczyk, Stijn Van Nieuwerburgh and Laura Veldkamp

15449: Institutional Investors and Proxy Voting on Compensation Plans: The Impact of the 2003 Mutual Fund Voting Disclosure Regulation

Martijn Cremers and Roberta Romano

15448: India Transformed? Insights from the Firm Level 1988-2005

Laura Alfaro and Anusha Chari

15447: Evidence of Regulatory Arbitrage in Cross-Border Mergers of Banks in the EU

Santiago Carbo-Valverde, Edward Kane and Francisco Rodriguez-Fernandez

15446: The Changing Selectivity of American Colleges

Caroline Hoxby

15445: The WTO: Theory and Practice

Kyle Bagwell and Robert Staiger

15444: Delocation and Trade Agreements in Imperfectly Competitive Markets

Kyle Bagwell and Robert Staiger

15443: Breakthrough Inventions and Migrating Clusters of Innovation

William Kerr

15442: International Trade, Foreign Direct Investment, and Technology Spillovers

Wolfgang Keller

15441: Unilateral Measures and Emissions Mitigation

Shurojit Chatterji, Sayantan Ghosal, Sean Walsh and John Whalley

15440: The Reorganization of Inventive Activity in the United States during the Early Twentieth Century

Naomi R. Lamoreaux, Kenneth Sokoloff and Dhanoos Sutthiphisal

15439: Long Term Effects of Minimum Legal Drinking Age Laws on Adult Alcohol Use and Driving Fatalities

Robert Kaestner and Benjamin Yarnoff

15438: Large Changes in Fiscal Policy: Taxes Versus Spending

Alberto Alesina and Silvia Ardagna

15437: Not Invented Here? Innovation in Company Towns

Ajay Agrawal, Iain Cockburn and Carlos Rosell

15436: Effects of Urban Sprawl on Obesity

Zhenxiang Zhao and Robert Kaestner

15435: What the Stock Market Decline Means for the Financial Security and Retirement Choices of the Near-Retirement Population

Alan Gustman, Thomas L. Steinmeier and Nahid Tabatabai

15434: Paying a Premium on Your Premium? Consolidation in the U.S. Health Insurance Industry

Leemore Dafny, Mark Duggan and Subramaniam Ramanarayanan

15433: Parametric Estimations of the World Distribution of Income

Maxim Pinkovskiy and Xavier Sala-i-Martin

15432: Financial Globalization, Financial Crises and Contagion

Enrique Mendoza and Vincenzo Quadrini

15431: Gun Control after Heller: Litigating against Regulation

Philip J Cook, Jens Ludwig and Adam Samaha

15430: An Empirical Analysis of the Gender Gap in Mathematics

Roland Fryer and Steven Levitt

15429: Investment in Energy Infrastructure and the Tax Code

Gilbert Metcalf

15428: Medium Term Business Cycles in Developing Countries

Diego Comin, Norman Loayza, Farooq Pasha and Luis Servén

15427: Adaptive Consumption Behavior

Peter Howitt and Ömer Özak

15426: Executive Compensation: Facts

Gian Luca Clementi and Thomas Cooley

15425: FINANCIAL CRISES AND LIQUIDITY SHOCKS: A Bank-Run Perspective

Guillermo Calvo

15424: Inflation targeting and private sector forecasts

Stephen Cecchetti and Craig Hakkio

15423: Where Does Energy R&D Come From? Examining Crowding Out from Environmentally-Friendly R&D

David Popp and Richard Newell

15422: Tobacco Regulation through Litigation: The Master Settlement Agreement

W Viscusi and Joni Hersch

15421: Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications

Claudia Sahm, Matthew Shapiro and Joel Slemrod

15420: The Economics of Open Air Markets

John List

15419: Are Bilateral Remittances Countercyclical?

Jeffrey Frankel

15418: One TV, One Price?

Jean Imbs, Haroon Mumtaz, Morten Ravn and Helene Rey

15417: Culture, Policies and Labor Market Outcomes

Francesco Giavazzi, Fabio Schiantarelli and Michel Serafinelli

15416: Two Perspectives on Preferences and Structural Transformation

Berthold Herrendorf, Richard Rogerson and Akos Valentinyi

15415: Family Ties and Political Participation

Alberto Alesina and Paola Giuliano

15414: Crises and Liquidity in Over-the-Counter Markets

Ricardo Lagos, Guillaume Rocheteau and Pierre-Olivier Weill

15413: Traffic Congestion and Infant Health: Evidence from E-ZPass

Janet Currie and W. Reed Walker

15412: Accidental Death and the Rule of Joint and Several Liability

Daniel Carvell, Janet Currie and W. Bentley Macleod

15411: Endowments, Fiscal Federalism, and the Cost of Capital for States: Evidence from Brazil, 1891-1930

André Martínez Fritscher and Aldo Musacchio