NBER Working Papers

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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

15410: Moral Hazard Matters: Measuring Relative Rates of Underinsurance Using Threshold Measures

Jean Marie Abraham, Thomas DeLeire and Anne Royalty

15409: The Area and Population of Cities: New Insights from a Different Perspective on Cities

Hernán D. Rozenfeld, Diego Rybski, Xavier Gabaix and Hernán A. Makse

15408: Top Incomes in the Long Run of History

Anthony Atkinson, Thomas Piketty and Emmanuel Saez

15407: Activist Fiscal Policy to Stabilize Economic Activity

Alan Auerbach and William Gale

15406: Recent Trends in the Earnings of New Immigrants to the United States

George Borjas and Rachel Friedberg

15405: Optimal taxation in the presence of bailouts

Stavros Panageas

15404: Causes of the Great Recession of 2007-9: The Financial Crisis is the Symptom not the Disease!

Ravi Jagannathan, Mudit Kapoor and Ernst Schaumburg

15403: Banking Crises and the Rules of the Game

Charles Calomiris

15402: Government Advertising and Media Coverage of Corruption Scandals

Rafael Di Tella and Ignacio Franceschelli

15401: Are Hard Pegs Ever Credible in Emerging Markets? Evidence from the Classical Gold Standard

Kris James Mitchener and Marc Weidenmier

15400: Power Fluctuations and Political Economy

Daron Acemoglu, Mikhail Golosov and Aleh Tsyvinski

15399: Disasters Risk and Business Cycles

Francois Gourio

15398: Spatial Mismatch, Immigrant Networks, and Hispanic Employment in the United States

Judith Hellerstein, Melissa McInerney and David Neumark

15397: U.S. Trade Policy Since 1934: An Uneven Path Toward Greater Trade Liberalization

Robert Baldwin

15396: Microinsurance, Trust and Economic Development: Evidence from a Randomized Natural Field Experiment

Hongbin Cai, Yuyu Chen, Hanming Fang and Li-An Zhou

15395: The Market Crash and Mass Layoffs: How the Current Economic Crisis May Affect Retirement

Courtney Coile and Phillip Levine

15394: When is the government spending multiplier large?

Lawrence Christiano, Martin Eichenbaum and Sergio Rebelo

15393: Intellectual Property Rights, Foreign Direct Investment, and Industrial Development

Lee Branstetter and Kamal Saggi

15392: Regulation of private health insurance markets: Lessons from enrollment, plan type choice, and adverse selection in Medicare Part D

Florian Heiss, Daniel McFadden and Joachim Winter

15391: O Sister, Where Art Thou? The Role of Son Preference and Sex Choice: Evidence from Immigrants to Canada

Douglas Almond, Lena Edlund and Kevin Milligan

15390: Music for a Song: An Empirical Look at Uniform Song Pricing and its Alternatives

Benjamin Shiller and Joel Waldfogel

15389: Credit Crises, Money and Contractions: an historical view

Michael Bordo and Joseph Haubrich

15388: The formation of inflation expectations: an empirical analysis for the UK

David Blanchflower and Conall MacCoille

15387: Into College, Out of Poverty? Policies to Increase the Postsecondary Attainment of the Poor

David Deming and Susan Dynarski

15386: Evidence from Two Large Field Experiments that Peer Comparison Feedback Can Reduce Residential Energy Usage

Ian Ayres, Sophie Raseman and Alice Shih

15385: Evaluating Monetary Policy

Lars Svensson

15384: Credit Default Swaps and the Credit Crisis

René Stulz

15383: The Welfare Effects of Medical Malpractice Liability

Darius Lakdawalla and Seth Seabury

15382: Is the Volatility of the Market Price of Risk due to Intermittent Portfolio Re-balancing?

YiLi Chien, Harold Cole and Hanno Lustig

15381: On the Scholes Liquidation Problem

David B. Brown, Bruce Ian Carlin and Miguel Sousa Lobo

15380: The Effects of School Desegregation on Crime

David A. Weiner, Byron F. Lutz and Jens Ludwig

15379: Financial Crises and Economic Activity

Stephen Cecchetti, Marion Kohler and Christian Upper

15378: Persistence of Civil Wars

Daron Acemoglu, Davide Ticchi and Andrea Vindigni

15377: Clusters of Entrepreneurship

Edward Glaeser, William Kerr and Giacomo Ponzetto

15376: The Fundamental Law of Road Congestion: Evidence from US cities

Gilles Duranton and Matthew Turner

15375: Methods versus Substance: Measuring the Effects of Technology Shocks on Hours

José-Víctor Ríos-Rull, Frank Schorfheide, Cristina Fuentes-Albero, Maxym Kryshko and Raul Santaeulalia-Llopis

15374: Riding the Wave of Trade: Explaining the Rise of Labor Regulation in the Golden Age of Globalization

Michael Huberman and Christopher Meissner

15373: The Economic and Policy Consequences of Catastrophes

Robert Pindyck and Neng Wang

15372: Measuring How Risk Tradeoffs Adjust With Income

Mary Evans and V. Smith

15371: The Impact of Tort Reform on Employer-Sponsored Health Insurance Premiums

Ronen Avraham, Leemore S. Dafny and Max M. Schanzenbach

15370: Level versus Equivalent Intensity Carbon Mitigation Commitments

Huifang Tian and John Whalley

15369: Macroeconomic Effects from Government Purchases and Taxes

Robert Barro and Charles J. Redlick

15368: Do Leaders Affect Government Spending Priorities?

Adi Brender and Allan Drazen

15367: Measuring Central Bank Communication: An Automated Approach with Application to FOMC Statements

David Lucca and Francesco Trebbi

15366: Who Counts in Evaluating the Effects of Air Pollution Policies on Households? Non-Market Valuation in the Presence of Dependencies

Mary Evans, Christine Poulos and V. Smith

15365: Party Affiliation, Partisanship, and Political Beliefs: A Field Experiment

Alan S. Gerber, Gregory A. Huber and Ebonya Washington

15364: Inheritances, Health and Death

Beomsoo Kim and Christopher Ruhm

15363: Model Structure and the Combined Welfare and Trade Effects of China's Trade Related Policies

Yan Dong and John Whalley

15362: Systemic Risk and the Refinancing Ratchet Effect

Amir E. Khandani, Andrew Lo and Robert Merton