NBER Working Papers

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15310: Liquidity, Activity, Mortality

William Evans and Timothy Moore

15309: Estimating Heterogeneity in the Benefits of Medical Treatment Intensity

William Evans and Craig L. Garthwaite

15308: The financial crisis and sizable international reserves depletion: From 'fear of floating' to the 'fear of losing international reserves'?

Joshua Aizenman and Yi Sun

15307: Portfolio Choice in Retirement: Health Risk and the Demand for Annuities, Housing, and Risky Assets

Motohiro Yogo

15306: Nature of Oil Price Shocks and Monetary Policy

Junhee Lee and Joonhyuk Song

15305: Five Centuries of Latin American Inequality

Jeffrey Williamson

15304: Intracompany Governance and Innovation

Sharon Belenzon, Tomer Berkovitz and Patrick Bolton

15303: How large are the effects of tax changes?

Carlo Favero and Francesco Giavazzi

15302: Political Economy of Ramsey Taxation

Daron Acemoglu, Mikhail Golosov and Aleh Tsyvinski

15301: Matching on the Estimated Propensity Score

Alberto Abadie and Guido Imbens

15300: Soft Budgets and Renegotiations in Public-Private Partnerships

Eduardo Engel, Ronald Fischer and Alexander Galetovic

15299: Do Universities Generate Agglomeration Spillovers? Evidence from Endowment Value Shocks

Shawn Kantor and Alexander Whalley

15298: Persuasion: Empirical Evidence

Stefano DellaVigna and Matthew Gentzkow

15297: When Everyone Runs for the Exit

Lasse Pedersen

15296: Numerically Stable Stochastic Simulation Approaches for Solving Dynamic Economic Models

Kenneth Judd, Lilia Maliar and Serguei Maliar

15295: Professor Zipf goes to Wall Street

Yannick Malevergne, Pedro Santa-Clara and Didier Sornette

15294: Explaining the Price of Voluntary Carbon Offsets

Marc Conte and Matthew Kotchen

15293: Impacts of Alternative Emissions Allowance Allocation Methods under a Federal Cap-and-Trade Program

Lawrence H. Goulder, Marc Hafstead and Michael S. Dworsky

15292: Low-Frequency Robust Cointegration Testing

Ulrich Müller and Mark Watson

15291: Katrina's Children: Evidence on the Structure of Peer Effects from Hurricane Evacuees

Scott Imberman, Adriana D. Kugler and Bruce Sacerdote

15290: Economic Conditions and U.S. National Security in the 1930s and Today

Martin Feldstein

15289: Credit Spreads and Monetary Policy

Vasco Cúrdia and Michael Woodford

15288: Variance in Death and Its Implications for Modeling and Forecasting Mortality

Shripad Tuljapurkar and Ryan Edwards

15287: Alternative Measures of Offshorability: A Survey Approach

Alan Blinder and Alan Krueger

15286: The Granular Origins of Aggregate Fluctuations

Xavier Gabaix

15285: The Impact of Information Technology on Scientists' Productivity, Quality and Collaboration Patterns

Waverly W. Ding, Sharon Levin, Paula Stephan and Anne Winkler

15284: The Rug Rat Race

Garey Ramey and Valerie Ramey

15283: House Prices, Home Equity-Based Borrowing, and the U.S. Household Leverage Crisis

Atif Mian and Amir Sufi

15282: Labor-Market Matching with Precautionary Savings and Aggregate Fluctuations

Per Krusell, Toshihiko Mukoyama and Aysegul Sahin

15281: Means-Tested Mortgage Modification: Homes Saved or Income Destroyed?

Casey Mulligan

15280: Spring Cleaning: Rural Water Impacts, Valuation and Property Rights Institutions

Michael Kremer, Jessica Leino, Edward Miguel and Alix Peterson Zwane

15279: The Trouble with Cases

Frederick Schauer and Richard Zeckhauser

15278: The Greatest Photographers of the Twentieth Century

David Galenson

15277: Grazing, Goods and Girth: Determinants and Effects

Daniel Hamermesh

15276: Nonparametric Identification of Multinomial Choice Demand Models with Heterogeneous Consumers

Steven Berry and Philip Haile

15275: Finance and Inequality: Theory and Evidence

Asli Demirguc-Kunt and Ross Levine

15274: Adjustment of State Owned and Foreign-Funded Enterprises in China to Economic Reforms,1980s-2007: a logistic smooth transition regression (LSTR) approach

Joshua Aizenman and Nan Geng

15273: Haircuts

Gary Gorton and Andrew Metrick

15272: Playing the Admissions Game: Student Reactions to Increasing College Competition

John Bound, Brad Hershbein and Bridget Long

15271: Aging, religion, and health

Angus Deaton

15270: Monetary Policy Shifts and the Term Structure

Andrew Ang, Jean Boivin, Sen Dong and Rudy Loo-Kung

15269: Anchoring Fiscal Expectations

Eric Leeper

15268: Productivity Growth and Capital Flows: The Dynamics of Reforms

Francisco Buera and Yongseok Shin

15267: Trade Booms, Trade Busts, and Trade Costs

David Jacks, Christopher Meissner and Dennis Novy

15266: Cognition and Economic Outcomes in the Health and Retirement Survey

John J. McArdle, James Smith and Robert Willis

15265: A Tractable Model of Buffer Stock Saving

Christopher Carroll and Patrick Toche

15264: De Facto and De Jure Property Rights: Land Settlement and Land Conflict on the Australian, Brazilian and U.S. Frontiers

Lee Alston, Edwyna Harris and Bernardo Mueller

15263: Corporate Taxes and Union Wages in the United States

Alison Felix and James Hines

15262: Taxes and Trading versus Intensity Standards: Second-Best Environmental Policies with Incomplete Regulation (Leakage) or Market Power

Stephen Holland

15261: Trade, Foreign Investment, and Industrial Policy for Developing Countries

Ann Harrison and Andres Rodriguez-Clare

15260: The Determinants of Stock and Bond Return Comovements

Lieven Baele, Geert Bekaert and Koen Inghelbrecht

15259: Uncertain Outcomes and Climate Change Policy

Robert Pindyck

15258: What - or Who - Started the Great Depression?

Lee Ohanian

15257: Consumption and Labor Supply with Partial Insurance: An Analytical Framework

Jonathan Heathcote, Kjetil Storesletten and Giovanni Violante

15256: Estimating Causal Effects of Early Occupational Choice on Later Health: Evidence Using the PSID

Jason Fletcher and Jody L. Sindelar

15255: Accounting for Incomplete Pass-Through

Emi Nakamura and Dawit Zerom

15254: Aggregate Implications of Micro Asset Market Segmentation

Chris Edmond and Pierre-Olivier Weill

15253: Position Auctions with Consumer Search

Susan Athey and Glenn Ellison

15252: Aggregate Labor Market Outcomes: The Role of Choice and Chance

Per Krusell, Toshihiko Mukoyama, Richard Rogerson and Aysegul Sahin

15251: A Three State Model of Worker Flows in General Equilibrium

Per Krusell, Toshihiko Mukoyama, Richard Rogerson and Aysegul Sahin

15250: On the Death of Distance and Borders: Evidence from the Nineteenth Century

David Jacks

15249: China's Exporters and Importers: Firms, Products and Trade Partners

Kalina Manova and Zhiwei Zhang

15248: Investment and Capital Constraints: Repatriations Under the American Jobs Creation Act

Michael Faulkender and Mitchell Petersen

15247: On the Size Distribution of Macroeconomic Disasters

Robert Barro and Tao Jin

15246: The Simple Economics of Salience and Taxation

Raj Chetty

15245: Work Disability, Work, and Justification Bias in Europe and the U.S

Arie Kapteyn, James Smith and Arthur van Soest

15244: Trending Current Accounts

Horag Choi and Nelson Mark

15243: A Parsimonious Macroeconomic Model for Asset Pricing

Fatih Guvenen

15242: Screening Peers Softly: Inferring the Quality of Small Borrowers

Rajkamal Iyer, Asim Khwaja, Erzo Luttmer and Kelly Shue

15241: Beyond Testing: Empirical Models of Insurance Markets

Liran Einav, Amy Finkelstein and Jonathan Levin

15240: Disasters implied by equity index options

David Backus, Mikhail Chernov and Ian Martin

15239: Who Pays a Price on Carbon?

Corbett Grainger and Charles Kolstad

15238: The Gender Gap in Secondary School Mathematics at High Achievement Levels: Evidence from the American Mathematics Competitions

Glenn Ellison and Ashley Swanson

15237: A Search Cost Model of Obfuscation

Glenn Ellison and Alexander Wolitzky

15236: School Entry, Educational Attainment and Quarter of Birth: A Cautionary Tale of LATE

Rashmi Barua and Kevin Lang

15235: International Differences in Longevity and Health and their Economic Consequences

Pierre-Carl Michaud, Dana Goldman, Darius Lakdawalla, Adam Gailey and Yuhui Zheng

15234: Causality, Structure, and the Uniqueness of Rational Expectations Equilibria

Bennett McCallum

15233: Is the U.S. Losing Its Preeminence in Higher Education?

James Adams

15232: The Impact of Job Stress on Smoking and Quitting: Evidence from the HRS

Padmaja Ayyagari and Jody L. Sindelar

15231: Understanding the Economic Consequences of Shifting Trends in Population Health

Pierre-Carl Michaud, Dana Goldman, Darius Lakdawalla, Yuhui Zheng and Adam Gailey

15230: Political Selection and Persistence of Bad Governments

Daron Acemoglu, Georgy Egorov and Konstantin Sonin

15229: Effects of Venue-Specific State Clean Indoor Air Laws on Smoking-Related Outcomes

Marianne Bitler, Christopher Carpenter and Madeline Zavodny

15228: A Tractable Model of Precautionary Reserves, Net Foreign Assets, or Sovereign Wealth Funds

Christopher Carroll and Olivier Jeanne

15227: Costly Portfolio Adjustment

Yosef Bonaparte and Russell Cooper

15226: Nonparametric Identification and Estimation of Nonadditive Hedonic Models

James Heckman, Rosa Matzkin and Lars Nesheim

15225: Risk, Volatility, and the Global Cross-Section of Growth Rates

Craig Burnside and Alexandra Tabova

15224: Partisan Representation in Congress and the Geographic Distribution of Federal Funds

David Albouy

15223: Securitized Banking and the Run on Repo

Gary Gorton and Andrew Metrick

15222: Asset Return Dynamics under Bad Environment Good Environment Fundamentals

Geert Bekaert and Eric Engstrom

15221: Informal Taxation

Benjamin Olken and Monica Singhal

15220: What is the probability your vote will make a difference?

Andrew Gelman, Nate Silver and Aaron Edlin

15219: The stock market and aggregate employment

Long Chen and Lu Zhang

15218: Why Can Modern Governments Tax So Much? An Agency Model of Firms as Fiscal Intermediaries

Henrik Jacobsen Kleven, Claus Kreiner and Emmanuel Saez

15217: The Americanization of European Higher Education and Research

Lex Borghans and Frank Cörvers

15216: Do Expenditures Other Than Instructional Expenditures Affect Graduation and Persistence Rates in American Higher Education

Douglas Webber and Ronald Ehrenberg

15215: Liquidity and Asset Prices: A Unified Framework

Dimitri Vayanos and Jiang Wang

15214: Input Constraints and the Efficiency of Entry: Lessons from Cardiac Surgery

David Cutler, Robert Huckman and Jonathan Kolstad

15213: Low Life Expectancy in the United States: Is the Health Care System at Fault?

Samuel H. Preston and Jessica Y. Ho

15212: Bank CEO Incentives and the Credit Crisis

Ruediger Fahlenbrach and René Stulz

15211: Evaluating Marginal Policy Changes and the Average Effect of Treatment for Individuals at the Margin

Pedro Carneiro, James Heckman and Edward Vytlacil