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.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

15993: Value versus Growth: Time-Varying Expected Stock Returns

Huseyin Gulen, Yuhang Xing and Lu Zhang

15992: Asset Liquidity and the Cost of Capital

Hernán Ortiz-Molina and Gordon Phillips

15991: Text-Based Network Industries and Endogenous Product Differentiation

Gerard Hoberg and Gordon Phillips

15990: Match Quality, Worker Productivity, and Worker Mobility: Direct Evidence From Teachers

C. Kirabo Jackson

15989: Valuing Incremental Highway Capacity in a Network

Henry Klaiber and V. Smith

15988: The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk-Sharing in General Equilibrium

Jack Favilukis, Sydney Ludvigson and Stijn Van Nieuwerburgh

15987: Risk and the CEO Market: Why Do Some Large Firms Hire Highly-Paid, Low-Talent CEOs?

Alex Edmans and Xavier Gabaix

15986: Optimal Interest-Rate Rules in a Forward-Looking Model, and Inflation Stabilization versus Price-Level Stabilization

Marc Giannoni

15985: The Contribution of Trade to Wage Inequality: The Role of Skill, Gender, and Nationality

Michael Klein, Christoph Moser and Dieter Urban

15984: Fertility and the Personal Exemption: Comment

Richard Crump, Gopi Goda and Kevin Mumford

15983: Worker replacement

Guido Menzio and Espen Moen

15982: Social Welfare Expenditures in the United States and the Nordic Countries: 1900-2003

Price Fishback

15981: Commercial Imperialism? Political Influence and Trade During the Cold War

Daniel Berger, William Easterly, Nathan Nunn and Shanker Satyanath

15980: Targeting the Poor: Evidence from a Field Experiment in Indonesia

Vivi Alatas, Abhijit Banerjee, Rema Hanna, Benjamin Olken and Julia Tobias

15979: The Labor Market in the Great Recession

Michael Elsby, Bart Hobijn and Aysegul Sahin

15978: Why Has California's Residential Electricity Consumption Been So Flat since the 1980s?: A Microeconometric Approach

Dora Costa and Matthew Kahn

15977: Personnel Economics: Hiring and Incentives

Paul Oyer and Scott Schaefer

15976: Back on the Rails: Competition and Productivity in State-owned Industry

Sanghamitra Das, Kala Krishna, Sergey Lychagin and Rohini Somanathan

15975: Persuasion and empathy in salesperson-customer interactions

Julio Rotemberg

15974: Global Banks and International Shock Transmission: Evidence from the Crisis

Nicola Cetorelli and Linda Goldberg

15973: The Shape of Temptation: Implications for the Economic Lives of the Poor

Abhijit Banerjee and Sendhil Mullainathan

15972: Charity and Favoritism in the Field: Are Female Economists Nicer (to Each Other)?

Jason Abrevaya and Daniel Hamermesh

15971: The Housing Cycle and Prospects for Technical Progress

Casey Mulligan

15970: Interracial Friendships in College

Braz Camargo, Ralph Stinebrickner and Todd Stinebrickner

15969: The Impact of Direct-to-Consumer Advertising on Pharmaceutical Prices and Demand

Dhaval Dave and Henry Saffer

15968: Did Bankruptcy Reform Cause Mortgage Default to Rise?

Wenli Li, Michelle White and Ning Zhu

15967: On the Formation of Coalitions to Provide Public Goods - Experimental Evidence from the Lab

Astrid Dannenberg, Andreas Lange and Bodo Sturm

15966: The Role of Teacher Quality in Retention and Hiring: Using Applications-to-Transfer to Uncover Preferences of Teachers and Schools

Donald Boyd, Hamilton Lankford, Susanna Loeb, Matthew Ronfeldt and James Wyckoff

15965: A Cluster-Grid Projection Method: Solving Problems with High Dimensionality

Kenneth Judd, Lilia Maliar and Serguei Maliar

15964: Pop Internationalism: Has A Half Century of World Music Trade Displaced Local Culture?

Fernando Ferreira and Joel Waldfogel

15963: Inertia and Overwithholding: Explaining the Prevalence of Income Tax Refunds

Damon Jones

15962: Disability Risk, Disability Insurance and Life Cycle Behavior

Hamish Low and Luigi Pistaferri

15961: The Online Laboratory: Conducting Experiments in a Real Labor Market

John Horton, David G. Rand and Richard Zeckhauser

15960: Borders, Ethnicity and Trade

Jenny C. Aker, Michael Klein, Stephen A. O'Connell and Muzhe Yang

15959: Market Structure and Innovation: A Dynamic Analysis of the Global Automobile Industry

Aamir Hashmi and Johannes Van Biesebroeck

15958: Competing Engines of Growth: Innovation and Standardization

Daron Acemoglu, Gino Gancia and Fabrizio Zilibotti

15957: An Alternative Theory of the Plant Size Distribution with an Application to Trade

Thomas Holmes and John Stevens

15956: An Autopsy of the U.S. Financial System

Ross Levine

15955: A Dynamic Model of Housing Demand: Estimation and Policy Implications

Patrick Bajari, Phoebe Chan, Dirk Krueger and Daniel Miller

15954: The Falling Time Cost of College: Evidence from Half a Century of Time Use Data

Philip Babcock and Mindy Marks

15953: Binge Drinking and Risky Sex among College Students

Jeffrey DeSimone

15952: Borrow Cheap, Buy High? The Determinants of Leverage and Pricing in Buyouts

Ulf Axelson, Tim Jenkinson, Per Stromberg and Michael Weisbach

15951: Measurement Errors in Investment Equations

Heitor Almeida, Murillo Campello and Antonio Galvao

15950: Does Risk Explain Anomalies? Evidence from Expected Return Estimates

Jin Ginger Wu and Lu Zhang

15949: The Economics of International Differences in Educational Achievement

Eric Hanushek and Ludger Woessmann

15948: Characteristic Timing

Robin Greenwood and Samuel Hanson

15947: Local Labor Markets

Enrico Moretti

15946: The Political Economy of Intergenerational Income Mobility

Andrea Ichino, Loukas Karabarbounis and Enrico Moretti

15945: Short Criminals: Stature and Crime in Early America

Howard Bodenhorn, Carolyn Moehling and Gregory Price

15944: Theory, General Equilibrium and Political Economy in Development Economics

Daron Acemoglu

15943: Breadth vs. Depth: The Timing of Specialization in Higher Education

Ofer Malamud

15942: Who Pays Cigarette Taxes? The Impact of Consumer Price Search

Philip DeCicca, Donald Kenkel and Feng Liu

15941: Excise Tax Avoidance: The Case of State Cigarette Taxes

Philip DeCicca, Donald Kenkel and Feng Liu

15940: The Other Side of Value: Good Growth and the Gross Profitability Premium

Robert Novy-Marx

15939: Energy Conservation "Nudges" and Environmentalist Ideology: Evidence from a Randomized Residential Electricity Field Experiment

Dora Costa and Matthew Kahn

15938: On the Sources of Aggregate Fluctuations in Emerging Economies

Roberto Chang and Andrés Fernández Martin

15937: Locked Up by a Lockup: Valuing Liquidity as a Real Option

Andrew Ang and Nicolas P.B. Bollen

15936: Foreign Ownership and Employment Growth in Indonesian Manufacturing

Robert Lipsey, Fredrik Sjöholm and Jing Sun

15935: Can Pollution Tax Rebates Protect Low-Income Families? The Effects of Relative Wage Rates

Don Fullerton and Holly Monti

15934: Fiscal Rules in India: Are They Effective?

Willem Buiter and Urjit R. Patel

15933: Client-Based Entrepreneurship

James Rauch and Joel Watson

15932: Does Reducing College Costs Improve Educational Outcomes for Undocumented Immigrants? Evidence from State Laws Permitting Undocumented Immigrants to Pay In-state Tuition at State Colleges and Universities

Aimee Chin and Chinhui Juhn

15931: Unemployment Fiscal Multipliers

Tommaso Monacelli, Roberto Perotti and Antonella Trigari

15930: Innovators: Filmmakers

David Galenson

15929: Reading the Recent Monetary History of the U.S., 1959-2007

Jesus Fernandez-Villaverde, Pablo Guerron and Juan F Rubio-Ramirez

15928: Fortune or Virtue: Time-Variant Volatilities Versus Parameter Drifting in U.S. Data

Jesus Fernandez-Villaverde, Pablo Guerron and Juan F Rubio-Ramirez

15927: Excessive Volatility in Capital Flows: A Pigouvian Taxation Approach

Olivier Jeanne and Anton Korinek

15926: Expansion of Trade at the Extensive Margin: A General Gains-from-Trade Result and Illustrative Examples

James Markusen

15925: Religious Identity and Economic Behavior

Daniel Benjamin, James Choi and Geoffrey W. Fisher

15924: Credit within the firm

Luigi Pistaferri, Luigi Guiso and Fabiano Schivardi

15923: Explaining the Favorite-Longshot Bias: Is it Risk-Love or Misperceptions?

Erik Snowberg and Justin Wolfers

15922: Do Call Centers Promote School Enrollment? Evidence from India

Emily Oster and M. Bryce Millett

15921: Identifying Supply and Demand Elasticities of Agricultural Commodities: Implications for the US Ethanol Mandate

Michael Roberts and Wolfram Schlenker

15920: Crises and Recoveries in an Empirical Model of Consumption Disasters

Emi Nakamura, Jon Steinsson, Robert Barro and José Ursúa

15919: Balance Sheet Adjustments in the 2008 Crisis

Zhiguo He, In Gu Khang and Arvind Krishnamurthy

15918: Leadership: A Personnel Economics Approach

Edward Lazear

15917: The dark side of outside directors: Do they quit when they are most needed?

Ruediger Fahlenbrach, Angie Low and René Stulz

15916: Ideological Segregation Online and Offline

Matthew Gentzkow and Jesse Shapiro

15915: Household Location and Schools in Metropolitan Areas with Heterogeneous Suburbs; Tiebout, Alonso, and Government Policy

Eric Hanushek and Kuzey Yilmaz

15914: Earnings, Consumption and Lifecycle Choices

Costas Meghir and Luigi Pistaferri

15913: Lab Labor: What Can Labor Economists Learn from the Lab?

Gary Charness and Peter Kuhn

15912: Learning and the Disappearing Association Between Governance and Returns

Lucian Bebchuk, Alma Cohen and Charles C.Y. Wang

15911: Trust and Well-being

John Helliwell and Shun Wang

15910: Agency Costs, Mispricing, and Ownership Structure

Sergey Chernenko, C. Fritz Foley and Robin Greenwood

15909: Tapping the Supercomputer Under Your Desk: Solving Dynamic Equilibrium Models with Graphics Processors

Eric Aldrich, Jesus Fernandez-Villaverde, A. Gallant and Juan F Rubio-Ramirez

15908: Simple and Robust Rules for Monetary Policy

John Taylor and John Williams

15907: Decoupling and Recoupling

Anton Korinek, Agustín Roitman and Carlos Vegh

15906: A Corporate Beauty Contest

John R. Graham, Campbell Harvey and Manju Puri

15905: Nurturing the Accumulation of Innovations: Lessons from the Internet

Shane Greenstein

15904: Getting Cars Off the Road: The Cost-Effectiveness of an Episodic Pollution Control Program

Maureen Cropper, Yi Jiang, Anna Alberini and Patrick Baur

15903: Putting Per-Capita Income Back into Trade Theory

James Markusen

15902: A New Data Set of Educational Attainment in the World, 1950-2010

Robert Barro and Jong-Wha Lee

15901: Search in Macroeconomic Models of the Labor Market

Richard Rogerson and Robert Shimer

15900: Deep Financial Integration and Volatility

Sebnem Kalemli-Ozcan, Bent Sorensen and Vadym Volosovych

15899: Optimal Emission Pricing in the Presence of International Spillovers: Decomposing Leakage and Terms-of-Trade Motives

Christoph Böhringer, Andreas Lange and Thomas Rutherford

15898: Financial Incentives and Student Achievement: Evidence from Randomized Trials

Roland Fryer

15897: The Marginal Products of Residential and Non-Residential Capital Through 2009

Casey Mulligan and Luke Threinen

15896: Household Leverage and the Recession of 2007 to 2009

Atif Mian and Amir Sufi

15895: The Effect of State Workers' Compensation Program Changes on the Use of Federal Social Security Disability Insurance

Melissa McInerney and Kosali Simon

15894: Education Policy and Crime

Lance Lochner