NBER Working Papers

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14726: Optimal Bandwidth Choice for the Regression Discontinuity Estimator

Guido Imbens and Karthik Kalyanaraman

14725: Implementing the New Fiscal Policy Activism

Alan Auerbach

14724: Do Target CEOs Sell Out Their Shareholders to Keep Their Job in a Merger?

Leonce L. Bargeron, Frederik Schlingemann, René Stulz and Chad J. Zutter

14723: Regression Discontinuity Designs in Economics

David S. Lee and Thomas Lemieux

14722: The Euro and Fiscal Policy

Antonio Fatas and Ilian Mihov

14721: The Effect of Fast Food Restaurants on Obesity and Weight Gain

Janet Currie, Stefano DellaVigna, Enrico Moretti and Vikram Pathania

14720: International Evidence on the Social Context of Well-Being

John Helliwell, Christopher Barrington-Leigh, Anthony Harris and Haifang Huang

14719: Why We Need to Measure the Effect of Merger Policy and How to Do It

Dennis Carlton

14718: Towards an Efficient Mechanism for Prescription Drug Procurement

Kyna Fong and Michael Schwarz

14717: Work Environment and "Opt-Out" Rates at Motherhood Across High-Education Career Paths

Jane Leber Herr and Catherine Wolfram

14716: Introduction to "China's Growing Role in World Trade"

Robert Feenstra and Shang-Jin Wei

14715: New Ways to Make People Save: A Social Marketing Approach

Annamaria Lusardi, Punam Anand Keller and Adam M. Keller

14714: Financial Patenting in Europe

Bronwyn Hall, Grid Thoma and Salvatore Torrisi

14713: Gender Differences in Risk Aversion and Ambiguity Aversion

Lex Borghans, Bart Golsteyn, James Heckman and Huub Meijers

14712: The Credit Ratings Game

Patrick Bolton, Xavier Freixas and Joel Shapiro

14711: International Trade and the Negotiability of Global Climate Change Agreements

Yuezhou Cai, Raymond Riezman and John Whalley

14710: Understanding Markov-Switching Rational Expectations Models

Roger Farmer, Tao Zha and Daniel Waggoner

14709: Long-Run Impacts of Unions on Firms: New Evidence from Financial Markets, 1961-1999

David Lee and Alexandre Mas

14708: Understanding Commercial Real Estate: Just How Different from Housing Is It?

Joseph Gyourko

14707: Do Teenagers Respond to HIV Risk Information? Evidence from a Field Experiment in Kenya

Pascaline Dupas

14706: Comparing IV With Structural Models: What Simple IV Can and Cannot Identify

James Heckman and Sergio Urzua

14705: Stereotype Threat and the Student-Athlete

Thomas Dee

14704: Economies of Density versus Natural Advantage: Crop Choice on the Back Forty

Thomas Holmes and Sanghoon Lee

14703: Disclosure by Politicians

Simeon Djankov, Rafael La Porta, Florencio Lopez-de-Silanes and Andrei Shleifer

14702: Government Transfers and Political Support

Marco Manacorda, Edward Miguel and Andrea Vigorito

14701: Inflation Bets or Deflation Hedges? The Changing Risks of Nominal Bonds

John Campbell, Adi Sunderam and Luis Viceira

14700: New Estimation of China's Exchange Rate Regime

Jeffrey Frankel

14699: Measuring the Financial Sophistication of Households

Laurent Calvet, John Campbell and Paolo Sodini

14698: The Term Structures of Equity and Interest Rates

Martin Lettau and Jessica Wachter

14697: The Demand for Youth: Implications for the Hours Volatility Puzzle

Nir Jaimovich, Seth Pruitt and Henry Siu

14696: Reflections on Americans' Views of the Euro Ex Ante

Martin Feldstein

14695: The Economics and Psychology of Inequality and Human Development

Flavio Cunha and James Heckman

14694: Commodity Price Shocks and the Australian Economy since Federation

Sambit Bhattacharyya and Jeffrey Williamson

14693: Savings Constraints and Microenterprise Development: Evidence from a Field Experiment in Kenya

Pascaline Dupas and Jonathan Robinson

14692: Take-Up of Medicare Part D: Results from the Health and Retirement Study

Helen Levy and David Weir

14691: International Finance and Growth in Developing Countries: What Have We Learned?

Maurice Obstfeld

14690: Instruments of development: Randomization in the tropics, and the search for the elusive keys to economic development

Angus Deaton

14689: Median Stable Matching

Michael Schwarz and M. Bumin Yenmez

14688: Global Imbalances and Financial Fragility

Ricardo Caballero and Arvind Krishnamurthy

14687: Municipal Debt and Marginal Tax Rates: Is there a Tax Premium in Asset Prices?

Francis Longstaff

14686: Harvests and Business Cycles in Nineteenth-Century America

Joseph H. Davis, Christopher Hanes and Paul Rhode

14685: Estimating the Effect of a Gasoline Tax on Carbon Emissions

Lucas Davis and Lutz Kilian

14684: Rethinking the Role of Fiscal Policy

Martin Feldstein

14683: Immigration and Inequality

David Card

14682: Welfare and Generational Equity in Sustainable Unfunded Pension Systems

Alan Auerbach and Ronald Lee

14681: Dynamics of the Gender Gap for Young Professionals in the Corporate and Financial Sectors

Marianne Bertrand, Claudia Goldin and Lawrence Katz

14680: Temperature and Income: Reconciling New Cross-Sectional and Panel Estimates

Melissa Dell, Benjamin Jones and Benjamin Olken

14679: Price Variation in Markets with Homogeneous Goods: The Case of Medigap

Nicole Maestas, Mathis Schroeder and Dana Goldman

14678: Is Monetary Policy Effective During Financial Crises?

Frederic Mishkin

14677: The Econometrics of DSGE Models

Jesus Fernandez-Villaverde

14676: Unemployment, Market Work and Household Production

Michael Burda and Daniel Hamermesh

14675: "Momma's Got the Pill": How Anthony Comstock and Griswold v. Connecticut Shaped U.S. Childbearing

Martha Bailey

14674: Last-In First-Out Oligopoly Dynamics

Jaap Abbring and Jeffrey Campbell

14673: China's Current Account and Exchange Rate

Yin-Wong Cheung, Menzie Chinn and Eiji Fujii

14672: Matching and Inequality in the World Economy

Arnaud Costinot and Jonathan Vogel

14671: The Impact of Children's Public Health Insurance Expansions on Educational Outcomes

Phillip Levine and Diane Schanzenbach

14670: R&D Investment, Exporting, and Productivity Dynamics

Bee Yan Aw, Mark Roberts and Yi Xu

14669: Momentum traders in the housing market: survey evidence and a search model

Monika Piazzesi and Martin Schneider

14668: Adaptation and the Boundary of Multinational Firms

Arnaud Costinot, Lindsay Oldenski and James Rauch

14667: Retirement Income Security and Well-Being in Canada

Michael Baker, Jonathan Gruber and Kevin Milligan

14666: Student sorting and bias in value added estimation: Selection on observables and unobservables

Jesse Rothstein

14665: Who Bears Aggregate Fluctuations and How?

Jonathan Parker and Annette Vissing-Jorgensen

14664: How Globalization Affects Tax Design

James Hines and Lawrence Summers

14663: The Integrated Financial and Real System of National Accounts for the United States: Does It Presage the Financial Crisis?

Michael Palumbo and Jonathan Parker

14662: The Margins of U.S. Trade (Long Version)

Andrew Bernard, J. Jensen, Stephen Redding and Peter Schott

14661: Technological Change and the Growing Inequality in Managerial Compensation

Hanno Lustig, Chad Syverson and Stijn Van Nieuwerburgh

14660: Public Policies and Women's Employment after Childbearing

Wen-Jui Han, Christopher Ruhm, Jane Waldfogel and Elizabeth Washbrook

14659: Payday Loans and Credit Cards: New Liquidity and Credit Scoring Puzzles?

Sumit Agarwal, Paige M. Skiba and Jeremy Tobacman

14658: Some New Perspectives on India's Approach to Capital Account Liberalization

Eswar Prasad

14657: Sterling in crisis: 1964-1967

Michael Bordo, Ronald MacDonald and Michael J. Oliver

14656: The Aftermath of Financial Crises

Carmen Reinhart and Kenneth Rogoff

14655: Policy Choice: Theory and Evidence from Commitment via International Trade Agreements

Nuno Limão and Patricia Tovar

14654: Satisficing Contracts

Patrick Bolton and Antoine Faure-Grimaud

14653: Life Expectancy and Old Age Savings

Mariacristina De Nardi, Eric French and John Jones

14652: This Job is 'Getting Old:' Measuring Changes in Job Opportunities Using Occupational Age Structure

David Autor and David Dorn

14651: Inventories, Markups, and Real Rigidities in Menu Cost Models

Oleksiy Kryvtsov and Virgiliu Midrigan

14650: Vertical Integration, Institutional Determinants and Impact: Evidence from China

Joseph P.H. Fan, Jun Huang, Randall Morck and Bernard Yeung

14649: Information, Liquidity, and the (Ongoing) Panic of 2007

Gary Gorton

14648: Regulation and Distrust

Philippe Aghion, Yann Algan, Pierre Cahuc and Andrei Shleifer

14647: Social Security Programs and Retirement Around the World: The Relationship to Youth Employment, Introduction and Summary

Jonathan Gruber, Kevin Milligan and David Wise

14646: Learning in Financial Markets

Lubos Pastor and Pietro Veronesi

14645: An Elementary Theory of Comparative Advantage

Arnaud Costinot

14644: Wages and Human Capital in the U.S. Financial Industry: 1909-2006

Thomas Philippon and Ariell Reshef

14643: Globalization and Income Distribution: A Specific Factors Continuum Approach

James Anderson

14642: Gravity, Productivity and the Pattern of Production and Trade

James Anderson

14641: Did Improvements in Household Technology Cause the Baby Boom? Evidence from Electrification, Appliance Diffusion, and the Amish

Martha Bailey and William Collins

14640: Did Railroads Induce or Follow Economic Growth? Urbanization and Population Growth in the American Midwest, 1850-60

Jeremy Atack, Fred Bateman, Michael Haines and Robert Margo

14639: Do Bequests Increase or Decrease Wealth Inequalities?

Charles Horioka

14638: The Perils of the Learning Model For Modeling Endogenous Technological Change

William Nordhaus

14637: Life (evaluation), HIV/AIDS, and Death in Africa

Angus Deaton, Jane Fortson and Robert Tortora

14636: How Big are the Gains from International Financial Integration?

Indrit Hoxha, Sebnem Kalemli-Ozcan and Dietrich Vollrath

14635: Recent Trends in Height by Gender and Ethnicity in the US in Relation to Levels of Income

John Komlos

14634: The Effects of Pharmaceutical Marketing and Promotion on Adverse Drug Events and Regulation

Guy David, Sara Markowitz and Seth Richards-Shubik

14633: Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation

Eric Hanushek and Ludger Woessmann

14632: Exporting and Firm Performance: Chinese Exporters and the Asian Financial Crisis

Albert Park, Dean Yang, Xinzheng Shi and Yuan Jiang

14631: The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong

John Taylor

14630: Fiscal Foresight and Information Flows

Eric Leeper, Todd Walker and Shu-Chun Yang

14629: Incomplete-Market Equilibria Solved Recursively on an Event Tree

Bernard Dumas and Andrew Lyasoff

14628: A Political Economy Theory of Partial Decentralization

John William Hatfield and Gerard Padró i Miquel

14627: New Evidence on the Formation of Trade Policy Preferences

Bruce Blonigen