NBER Working Papers

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14461: Testing the Melitz Model of Trade: An Application to U.S. Motion Picture Exports

Gordon Hanson and Chong Xiang

14460: China's Participation in Global Environmental Negotiations

Huifang Tian and John Whalley

14459: The Skill Composition of Immigrants and the Generosity of the Welfare State: Free vs. Policy-Controlled Migration

Alon Cohen and Assaf Razin

14458: Measuring Labor Earnings Inequality using Public-Use March Current Population Survey Data: The Value of Including Variances and Cell Means When Imputing Topcoded Values

Richard Burkhauser, Shuaizhang Feng and Jeff Larrimore

14457: Fear of Rejection? Tiered Certification and Transparency

Emmanuel Farhi, Josh Lerner and Jean Tirole

14456: Paying the Piper: The High Cost of Funerals in South Africa

Anne Case, Anu Garrib, Alicia Menendez and Analia Olgiati

14455: Unhealthy Insurance Markets: Search Frictions and the Cost and Quality of Health Insurance

Randall D. Cebul, James Rebitzer, Lowell Taylor and Mark E. Votruba

14454: The Euro and Firm Restructuring

Matteo Bugamelli, Fabiano Schivardi and Roberta Zizza

14453: The US as the "Demander of Last Resort" and its Implications on China's Current Account

Joshua Aizenman and Yothin Jinjarak

14452: Income Dispersion and Counter-Cyclical Markups

Chris Edmond and Laura Veldkamp

14451: Using Elicited Choice Probabilities to Estimate Random Utility Models: Preferences for Electricity Reliability

Asher Blass, Saul Lach and Charles Manski

14450: How Do Gasoline Prices Affect Fleet Fuel Economy?

Shanjun Li, Roger von Haefen and Christopher Timmins

14449: When Does Improving Health Raise GDP?

Quamrul Ashraf, Ashley Lester and David Weil

14448: Post-1500 Population Flows and the Long Run Determinants of Economic Growth and Inequality

Louis Putterman and David Weil

14447: Inferring Welfare Maximizing Treatment Assignment under Budget Constraints

Debopam Bhattacharya and Pascaline Dupas

14446: Market Responses to the Panic of 2008

Casey Mulligan and Luke Threinen

14445: Media Bias and Influence: Evidence from Newspaper Endorsements

Brian Knight and Chun-Fang Chiang

14444: Sudden Stops, Financial Crises and Leverage: A Fisherian Deflation of Tobin's Q

Enrique Mendoza

14443: What Makes Them Tick? Employee Motives and Firm Innovation

Henry Sauermann and Wesley M. Cohen

14442: Teacher Quality in Educational Production: Tracking, Decay, and Student Achievement

Jesse Rothstein

14441: Auction Design and Tacit Collusion in FCC Spectrum Auctions

Patrick Bajari and Jungwon Yeo

14440: Realization Utility

Nicholas C. Barberis and Wei Xiong

14439: Portfolio Substitution and the Revenue Cost of Exempting State and Local Government Interest Payments from Federal Income Tax

James Poterba and Arturo Ramirez Verdugo

14438: Is Poland at Risk of a Boom-and-Bust Cycle in the Run-Up to Euro Adoption?

Barry Eichengreen and Katharina Steiner

14437: Real Exchange Rate Movements and the Relative Price of Non-traded Goods

Caroline Betts and Timothy Kehoe

14436: Not-so-Classical Measurement Errors: A Validation Study of Homescan

Liran Einav, Ephraim Leibtag and Aviv Nevo

14435: Work Expectations, Realizations, and Depression in Older Workers

Tracy Falba, William T. Gallo and Jody L. Sindelar

14434: Identification with Imperfect Instruments

Aviv Nevo and Adam Rosen

14433: Timing and Quantity of Consumer Purchases and the Consumer Price Index

Rachel Griffith, Ephraim Leibtag, Andrew Leicester and Aviv Nevo

14432: Linkage of Tradable Permit Systems in International Climate Policy Architecture

Judson Jaffe and Robert Stavins

14431: Carbon, Trade Policy, and Carbon Free Trade Areas

Yan Dong and John Whalley

14430: Are Structural VARs with Long-Run Restrictions Useful in Developing Business Cycle Theory?

Varadarajan Chari, Patrick Kehoe and Ellen McGrattan

14429: Does Daylight Saving Time Save Energy? Evidence from a Natural Experiment in Indiana

Matthew Kotchen and Laura Grant

14428: Health Capital and the Prenatal Environment: The Effect of Maternal Fasting During Pregnancy

Douglas Almond and Bhashkar Mazumder

14427: The True Cost of Social Security

Alexander W. Blocker, Laurence Kotlikoff and Stephen Ross

14426: Uncertainty, Climate Change and the Global Economy

David von Below and Torsten Persson

14425: External Economies and International Trade Redux

Gene Grossman and Esteban Rossi-Hansberg

14424: Fooling Some of the People All of the Time: The Inefficient Performance and Persistence of Commodity Trading Advisors

Geetesh Bhardwaj, Gary Gorton and K. Rouwenhorst

14423: The Changing Incidence of Geography

James Anderson and Yoto Yotov

14422: Can a Lender of Last Resort Stabilize Financial Markets? Lessons from the Founding of the Fed

Asaf Bernstein, Eric Hughson and Marc Weidenmier

14421: Incomplete Environmental Regulation, Imperfect Competition, and Emissions Leakage

Meredith Fowlie

14420: A Faith-based Initiative: Does a Flexible Exchange Rate Regime Really Facilitate Current Account Adjustment?

Menzie Chinn and Shang-Jin Wei

14419: Urban Inequality

Edward Glaeser, Matthew G. Resseger and Kristina Tobio

14418: The Quality-Complementarity Hypothesis: Theory and Evidence from Colombia

Maurice Kugler and Eric Verhoogen

14417: Future Rent-Seeking and Current Public Savings

Ricardo Caballero and Pierre Yared

14416: Imported Intermediate Inputs and Domestic Product Growth: Evidence from India

Pinelopi Goldberg, Amit Khandelwal, Nina Pavcnik and Petia Topalova

14415: Inside the Black of Box of Ability Peer Effects: Evidence from Variation in the Proportion of Low Achievers in the Classroom

Victor Lavy, M. Daniele Paserman and Analia Schlosser

14414: Estimating Welfare in Insurance Markets Using Variation in Prices

Liran Einav, Amy Finkelstein and Mark R. Cullen

14413: The impact of Medicare Part D on Medicare-Medicaid Dual-eligible Beneficiaries' Prescription Utilization and Expenditures

Anirban Basu, Wesley Yin and G Alexander

14412: The Limited Partnership in New York, 1822-1853: Partnerships without Kinship

Eric Hilt and Katharine E. O'Banion

14411: Using Samples of Unequal Length in Generalized Method of Moments Estimation

Anthony W. Lynch and Jessica Wachter

14410: Railroads and the Rise of the Factory: Evidence for the United States, 1850-70

Jeremy Atack, Michael Haines and Robert Margo

14409: Information Disclosure Policy: Do States' Data Processing Efforts Help More than the Information Disclosure Itself?

Hyunhoe Bae, Peter Wilcoxen and David Popp

14408: Experimentation, Patents, and Innovation

Daron Acemoglu, Kostas Bimpikis and Asuman Ozdaglar

14407: Local Industrial Conditions and Entrepreneurship: How Much of the Spatial Distribution Can We Explain?

Edward Glaeser and William Kerr

14406: Free Distribution or Cost-Sharing? Evidence from a Malaria Prevention Experiment

Jessica Cohen and Pascaline Dupas

14405: Understanding U.S. Corporate Tax Losses

Rosanne Altshuler, Alan Auerbach, Michael Cooper and Matthew Knittel

14404: Psychiatric Disorders and Labor Market Outcomes: Evidence from the National Comorbidity Survey - Replication

Pinka Chatterji, Margarita Alegria and David Takeuchi

14403: Optimal Taxation and Social Insurance with Endogenous Private Insurance

Raj Chetty and Emmanuel Saez

14402: Fixed Costs and Long-Lived Investments

Christopher House

14401: Will the U.S. Bank Recapitalization Succeed? Eight Lessons from Japan

Takeo Hoshi and Anil Kashyap

14400: Market Work, Home Work and Taxes: A Cross Country Analysis

Richard Rogerson

14399: Sufficient Statistics for Welfare Analysis: A Bridge Between Structural and Reduced-Form Methods

Raj Chetty

14398: The Subprime Panic

Gary Gorton

14397: Taxing Leisure Complements

Louis Kaplow

14396: Partial Prescriptions For Decisions With Partial Knowledge

Charles Manski

14395: Sudden Stops, Sectoral Reallocations, and the Real Exchange Rate

Timothy Kehoe and Kim Ruhl

14394: Modern Management: Good for the Environment or just Hot Air?

Nicholas Bloom, Christos Genakos, Ralf Martin and Raffaella Sadun

14393: Estate Acts, 1600 to 1830: A New Source for British History

Dan Bogart and Gary Richardson

14392: Temporary Price Changes and the Real Effects of Monetary Policy

Patrick Kehoe and Virgiliu Midrigan

14391: Stabilizing Expectations under Monetary and Fiscal Policy Coordination

Stefano Eusepi and Bruce Preston

14390: International Capital Flows under Dispersed Information: Theory and Evidence

Cédric Tille and Eric van Wincoop

14389: Sectoral vs. Aggregate Shocks: A Structural Factor Analysis of Industrial Production

Andrew Foerster, Pierre Daniel Sarte and Mark Watson

14388: The Transmission of Women's Fertility, Human Capital and Work Orientation Across Immigrant Generations

Francine Blau, Lawrence Kahn, Albert Liu and Kerry Papps

14387: Gender, Source Country Characteristics and Labor Market Assimilation Among Immigrants: 1980-2000

Francine Blau, Lawrence Kahn and Kerry Papps

14386: Can Time-Varying Risk of Rare Disasters Explain Aggregate Stock Market Volatility?

Jessica Wachter

14385: When The Saints Come Marching In: Effects of Hurricanes Katrina and Rita on Student Evacuees

Bruce Sacerdote

14384: Sequencing of Reforms, Financial Globalization, and Macroeconomic Vulnerability

Sebastian Edwards

14383: Monopoly Power and Endogenous Product Variety: Distortions and Remedies

Florin Bilbiie, Fabio Ghironi and Marc Melitz

14382: Estimating Matching Games with Transfers

Jeremy Fox

14381: Accounting for Persistence and Volatility of Good-Level Real Exchange Rates: The Role of Sticky Information

Mario Crucini, Mototsugu Shintani and Takayuki Tsuruga

14380: What Are the Driving Forces of International Business Cycles?

Mario Crucini, Ayhan Kose and Christopher Otrok

14379: Inflation-Output Tradeoff as Equilibrium Outcome of Globalization

Alon Binyamini and Assaf Razin

14378: Competitive Lending with Partial Knowledge of Loan Repayment

William Brock and Charles Manski

14377: Historical Political Futures Markets: An International Perspective

Paul Rhode and Koleman Strumpf

14376: Efficiency bounds for missing data models with semiparametric restrictions

Bryan Graham

14375: Designing A Carbon Tax to Reduce U.S. Greenhouse Gas Emissions

Gilbert Metcalf

14374: Social Capital and Urban Growth

Edward Glaeser and Charles Redlick

14373: The Economics of Place-Making Policies

Edward Glaeser and Joshua Gottlieb

14372: Country Portfolios in Open Economy Macro Models

Michael Devereux and Alan Sutherland

14371: The Effect of Gun Shows on Gun-Related Deaths: Evidence from California and Texas

Mark Duggan, Randi Hjalmarsson and Brian A. Jacob

14370: Real Wage Inequality

Enrico Moretti

14369: Housing Externalities

Esteban Rossi-Hansberg, Pierre Daniel Sarte and Raymond Owens

14368: An Experimental Component Index for the CPI: From Annual Computer Data to Monthly Data on Other Goods

Timothy Erickson and Ariel Pakes

14367: Do Community Colleges provide a Viable Pathway to a Baccalaureate Degree?

Bridget Long and Michal Kurlaender

14366: A Model of Capital and Crises

Zhiguo He and Arvind Krishnamurthy

14365: The Impact of Piped Water Provision on Infant Mortality in Brazil: A Quantile Panel Data Approach

Shanti Gamper-Rabindran, Shakeeb Khan and Christopher Timmins

14364: Roy Model Sorting and Non-Random Selection in the Valuation of a Statistical Life

Thomas DeLeire and Christopher Timmins

14363: Can the West Save Africa?

William Easterly

14362: Is Sugar Sweeter at the Pump? The Macroeconomic Impact of Brazil's Alternative Energy Program

Marc Weidenmier, Joseph H. Davis and Roger Aliaga-Diaz