NBER Working Papers

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13910: The Dynamic Behavior of the Real Exchange Rate in Sticky Price Models

Jón Steinsson

13909: The Euro May Over the Next 15 Years Surpass the Dollar as Leading International Currency

Menzie Chinn and Jeffrey Frankel

13908: Why do Foreigners Invest in the United States?

Kristin Forbes

13907: Ideology

Roland Benabou

13906: Current Account Dynamics and Monetary Policy

Andrea Ferrero, Mark Gertler and Lars E.O. Svensson

13905: Is There Dowry Inflation in South Asia?

Raj Arunachalam and Trevon Logan

13904: Information Acquisition and Under-Diversification

Stijn Van Nieuwerburgh and Laura Veldkamp

13903: Can Weak Substitution be Rehabilitated?

V. Kerry Smith, Mary Evans, Spencer Banzhaf and Christine Poulos

13902: Sterilization, Monetary Policy, and Global Financial Integration

Joshua Aizenman and Reuven Glick

13901: Can Exchange Rates Forecast Commodity Prices?

Yu-chin Chen, Kenneth Rogoff and Barbara Rossi

13900: A Quantile-based Test of Protection for Sale Model

Susumu Imai, Hajime Katayama and Kala Krishna

13899: Is Protection Really for Sale? A Survey and Directions for Future Research

Susumu Imai, Hajime Katayama and Kala Krishna

13898: The Transition to Post-industrial BMI Values Among US Children

John Komlos, Ariane Breitfelder and Marco Sunder

13897: Labor Markets and Monetary Policy: A New-Keynesian Model with Unemployment

Olivier Blanchard and Jordi Galí

13896: The Wealth-Consumption Ratio

Hanno Lustig, Stijn Van Nieuwerburgh and Adrien Verdelhan

13895: Regulation and Supervision: An Ethical Perspective

Edward Kane

13894: Persistent Private Information

Noah Williams

13893: Deconstructing Lifecycle Expenditure

Mark Aguiar and Erik Hurst

13892: Optimal Monetary Policy under Uncertainty in DSGE Models: A Markov Jump-Linear-Quadratic Approach

Lars E.O. Svensson and Noah Williams

13891: The Life Cycle of Scholars and Papers in Economics -- the "Citation Death Tax"

Joshua Aizenman and Kenneth Kletzer

13890: Conditional Cash Transfers in Education Design Features, Peer and Sibling Effects Evidence from a Randomized Experiment in Colombia

Felipe Barrera-Osorio, Marianne Bertrand, Leigh Linden and Francisco Perez-Calle

13889: Exchange Rate Pass-Through And Monetary Policy

Frederic Mishkin

13888: Do Markets Respond to Quality Information? The Case of Fertility Clinics

M. Kate Bundorf, Natalie Chun, Gopi Goda and Daniel P. Kessler

13887: Imperfect Substitution between Immigrants and Natives: A Reappraisal

George Borjas, Jeffrey Grogger and Gordon Hanson

13886: The Internet and Job Search

Betsey Stevenson

13885: Universal Public Health Insurance and Private Coverage: Externalities in Health Care Consumption

Sherry A. Glied

13884: Taxes and Mutual Fund Inflows Around Distribution Dates

Woodrow Johnson and James Poterba

13883: Changes in the Characteristics of American Youth: Implications for Adult Outcomes

Joseph Altonji, Prashant Bharadwaj and Fabian Lange

13882: This Time is Different: A Panoramic View of Eight Centuries of Financial Crises

Carmen Reinhart and Kenneth Rogoff

13881: Health Care Financing, Efficiency, and Equity

Sherry A. Glied

13880: Capital Account Liberalization, Real Wages, and Productivity

Peter Blair Henry and Diego Sasson

13879: The Economic Value of Teeth

Sherry Glied and Matthew Neidell

13878: Press Coverage and Political Accountability

James M. Snyder, Jr. and David Strömberg

13877: After Midnight: A Regression Discontinuity Design in Length of Postpartum Hospital Stays

Douglas Almond and Joseph J. Doyle, Jr.

13876: International Evidence on Sticky Consumption Growth

Christopher Carroll, Jiri Slacalek and Martin Sommer

13875: Differences in Breast Cancer Diagnosis and Treatment:Experiences of Insured and Uninsured Patients in a Safety Net Setting

Cathy J. Bradley, David Neumark, Lisa M. Shickle and Nicholas Farrell

13874: Collateral Pricing

Efraim Benmelech and Nittai K. Bergman

13873: An Empirical Study of the Credit Market with Unobserved Consumer Typers

Li Gan and Roberto Mosquera

13872: Labor Market Fluctuations in the Small and in the Large

Richard Rogerson, Ludo Visschers and Randall Wright

13871: Aggregate Implications of Indivisible Labor, Incomplete Markets, and Labor Market Frictions

Per Krusell, Toshihiko Mukoyama, Richard Rogerson and Aysegul Sahin

13870: Are Engel Curve Estimates of CPI Bias Biased?

Trevon Logan

13869: Economies of Scale in the Household: Puzzles and Patterns from the American Past

Trevon Logan

13868: Does Mentoring Reduce Turnover and Improve Skills of New Employees? Evidence from Teachers in New York City

Jonah E. Rockoff

13867: Employer-to-Employer Flows in the United States: Estimates Using Linked Employer-Employee Data

Melissa Bjelland, Bruce Fallick, John Haltiwanger and Erika McEntarfer

13866: Investment and Value: A Neoclassical Benchmark

Janice Eberly, Sergio Rebelo and Nicolas Vincent

13865: On Inferring Demand for Health Care in the Presence of Anchoring, Acquiescence, and Selection Biases

Jay Bhattacharya and Adam Isen

13864: Monopoly and the Incentive to Innovate When Adoption Involves Switchover Disruptions

Thomas J. Holmes, David Levine and James A. Schmitz, Jr.

13863: The Other Ex-Ante Moral Hazard in Health

Jay Bhattacharya and Mikko Packalen

13862: Is Medicine an Ivory Tower? Induced Innovation, Technological Opportunity, and For-Profit vs. Non-Profit Innovation

Jay Bhattacharya and Mikko Packalen

13861: A Solution to the Disconnect between Country Risk and Business Cycle Theories

Enrique Mendoza and Vivian Yue

13860: Trade Growth, Production Fragmentation, and China's Environment

Judith Dean and Mary Lovely

13859: The Effect of Mergers on Consumer Prices: Evidence from Five Selected Case Studies

Orley Ashenfelter and Daniel Hosken

13858: Dividend Taxation and Intertemporal Tax Arbitrage

Anton Korinek and Joseph Stiglitz

13857: The Impact of Medicare Part D on Pharmaceutical R&D

Margaret Blume-Kohout and Neeraj Sood

13856: The Evolution of a Legal Rule

Anthony Niblett, Richard Posner and Andrei Shleifer

13855: Labor Market Effects of Payroll Taxes in Developing Countries: Evidence from Colombia

Adriana Kugler and Maurice Kugler

13854: Consumption and Portfolio Choice with Option-Implied State Prices

Yacine Ait-Sahalia and Michael W. Brandt

13853: The Real Exchange Rate, Mercantilism and the Learning by Doing Externality

Joshua Aizenman and Jaewoo Lee

13852: Coercion, Culture and Debt Contracts: The Henequen Industry in Yucatan, Mexico, 1870-1915

Lee Alston, Shannan Mattiace and Tomas Nonnenmacher

13851: The Labor Market Impact of Immigration in Western Germany in the 1990's

Francesco D'Amuri, Gianmarco Ottaviano and Giovanni Peri

13850: Helping Workers Online and Offline: Innovations in Union and Worker Organization Using the Internet

Richard Freeman and M. Rehavi

13849: The Higher Educational Transformation of China and Its Global Implications

Yao Li, John Whalley, Shunming Zhang and Xiliang Zhao

13848: Arbitrage-free Limit Order Books and the Pricing of Order Flow Risk

Bruce Lehmann

13847: Education and Labor Market Consequences of Teenage Childbearing: Evidence Using the Timing of Pregnancy Outcomes and Community Fixed Effects

Jason Fletcher and Barbara Wolfe

13846: Global Rebalancing with Gravity: Measuring the Burden of Adjustment

Robert Dekle, Jonathan Eaton and Samuel Kortum

13845: Language in Visual Art: The Twentieth Century

David Galenson

13844: Is the Taxable Income Elasticity Sufficient to Calculate Deadweight Loss? The Implications of Evasion and Avoidance

Raj Chetty

13843: Does Temporary Help Work Provide a Stepping Stone to Regular Employment?

Michael Kvasnicka

13842: Capital Inflows and Reserve Accumulation: The Recent Evidence

Carmen Reinhart and Vincent Reinhart

13841: Globalization and the Great Divergence: Terms of Trade Booms and Volatility in the Poor Periphery 1782-1913

Jeffrey Williamson

13840: The Role of Labor Market Changes in the Slowdown of European Productivity Growth

Ian Dew-Becker and Robert Gordon

13839: Is There an "Emboldenment" Effect? Evidence from the Insurgency in Iraq

Radha Iyengar and Jonathan Monten

13838: The Cognitive Link Between Geography and Development: Iodine Deficiency and Schooling Attainment in Tanzania

Erica M. Field, Omar Robles and Maximo Torero

13837: The Increase in Leisure Inequality

Mark Aguiar and Erik Hurst

13836: Testing for the Economic Impact of the U.S. Constitution: Purchasing Power Parity across the Colonies versus across the States, 1748-1811

Farley Grubb

13835: Evaluating the Impact of Technology Development Funds in Emerging Economies: Evidence from Latin America

Bronwyn H. Hall and Alessandro Maffioli

13834: Intermediate Goods, Weak Links, and Superstars: A Theory of Economic Development

Charles Jones

13833: Identifying Agglomeration Spillovers: Evidence from Million Dollar Plants

Michael Greenstone, Richard Hornbeck and Enrico Moretti

13832: Social Learning and Peer Effects in Consumption: Evidence from Movie Sales

Enrico Moretti

13831: International Economic Policy: Was There a Bush Doctrine?

Barry Eichengreen and Douglas Irwin

13830: Political Entry, Public Policies, and the Economy

Casey Mulligan and Kevin Tsui

13829: Reference Prices and Nominal Rigidities

Martin Eichenbaum, Nir Jaimovich and Sergio Rebelo

13828: Caste, Kinship and Sex Ratios in India

Tanika Chakraborty and Sukkoo Kim

13827: Toward an Efficiency Rationale for the Public Provision of Private Goods

Hanming Fang and Peter Norman

13826: Evidence From Maternity Leave Expansions of the Impact of Maternal Care on Early Child Development

Michael Baker and Kevin Milligan

13825: High Frequency Market Microstructure Noise Estimates and Liquidity Measures

Yacine Ait-Sahalia and Jialin Yu

13824: Household Saving Behavior: The Role of Financial Literacy, Information, and Financial Education Programs

Annamaria Lusardi

13823: The Origins of Industrial Scientific Discoveries

James Adams and J. Roger Clemmons

13822: Learning in the Credit Card Market

Sumit Agarwal, John Driscoll, Xavier Gabaix and David Laibson

13821: Income Maximization and the Selection and Sorting of International Migrants

Jeffrey Grogger and Gordon Hanson

13820: Macroeconomic Interdependence and the International Role of the Dollar

Linda Goldberg and Cédric Tille

13819: Occupational Mobility and the Business Cycle

Giuseppe Moscarini and Francis Vella

13818: Do Small Businesses Create More Jobs? New Evidence from the National Establishment Time Series

David Neumark, Brandon Wall and Junfu Zhang

13817: Choice, Price Competition and Complexity in Markets for Health Insurance

Richard Frank and Karine Lamiraud

13816: Is the GED an Effective Route to Postsecondary Education for School Dropouts?

John Tyler and Magnus Lofstrom

13815: A Long Term Perspective on the Euro

Michael Bordo and Harold James

13814: International Trade in Durable Goods: Understanding Volatility, Cyclicality, and Elasticities

Charles Engel and Jian Wang

13813: Competition in the Promised Land: Black Migration and Racial Wage Convergence in the North, 1940-1970

Leah Boustan

13812: The Cross-Section of Foreign Currency Risk Premia and Consumption Growth Risk: A Reply

Hanno Lustig and Adrien Verdelhan

13811: Measuring Financial Asset Return and Volatility Spillovers, With Application to Global Equity Markets

Francis Diebold and Kamil Yilmaz