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NBER Working Papers

From National Bureau of Economic Research, Inc
National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A..
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14261: Ability, Gender, and Performance Standards: Evidence from Academic Probation Downloads
Jason Lindo, Nicholas Sanders and Philip Oreopoulos
14260: On the Need for a New Approach to Analyzing Monetary Policy Downloads
Andrew Atkeson and Patrick Kehoe
14259: The State of Macro Downloads
Olivier Blanchard
14258: Balancing Cost and Emissions Certainty: An Allowance Reserve for Cap-and-Trade Downloads
Brian Murray, Richard Newell and William Pizer
14257: Is American Health Care Uniquely Inefficient? Downloads
Alan M. Garber and Jonathan Skinner
14256: The Effect of Soft Budget Constraints on Access and Quality in Hospital Care Downloads
Yu-Chu Shen and Karen Eggleston
14255: Learning from Prices: Public Communication and Welfare Downloads
Manuel Amador and Pierre-Olivier Weill
14254: When to Pollute, When to Abate? Intertemporal Permit Use in the Los Angeles NOx Market Downloads
Stephen Holland and Michael Moore
14253: Income Tax Provisions Affecting Owner-Occupied Housing: Revenue Costs and Incentive Effects Downloads
James Poterba and Todd Sinai
14252: Information, Learning, and Drug Diffusion: the Case of Cox-2 Inhibitors Downloads
Pradeep Chintadunta, Renna Jiang and Ginger Z. Jin
14251: Recent Developments in the Econometrics of Program Evaluation Downloads
Guido Imbens and Jeffrey Wooldridge
14250: On the Lifecycle Dynamics of Venture-Capital- and Non-Venture-Capital-Financed Firms Downloads
Manju Puri and Rebecca Zarutskie
14249: Crises and Sudden Stops: Evidence from International Bond and Syndicated-Loan Markets Downloads
Graciela Kaminsky
14248: HIV and Fertility in Africa: First Evidence from Population Based Surveys Downloads
Chinhui Juhn, Sebnem Kalemli-Ozcan and Belgi Turan
14247: Estimating Trends in US Income Inequality Using the Current Population Survey: The Importance of Controlling for Censoring Downloads
Richard Burkhauser, Shuaizhang Feng, Stephen Jenkins and Jeff Larrimore
14246: Externalities in the Classroom: How Children Exposed to Domestic Violence Affect Everyone's Kids Downloads
Scott Carrell and Mark Hoekstra
14245: Why Do Foreign Firms Leave U.S. Equity Markets? Downloads
Craig Doidge, G. Karolyi and René Stulz
14244: Monetary Aggregates and Liquidity in a Neo-Wicksellian Framework Downloads
Matthew Canzoneri, Robert Cumby, Behzad Diba and David Lopez-Salido
14243: Modeling the Long Run: Valuation in Dynamic Stochastic Economies Downloads
Lars Hansen
14242: The Macroeconomic Implications of a Key Currency Downloads
Matthew Canzoneri, Robert Cumby, Behzad Diba and David Lopez-Salido
14241: Distributional Effects of Environmental and Energy Policy: An Introduction Downloads
Don Fullerton
14240: Technology's Edge: The Educational Benefits of Computer-Aided Instruction Downloads
Lisa Barrow, Lisa Markman and Cecilia E. Rouse
14239: Dynamics and Stability of Constitutions, Coalitions, and Clubs Downloads
Daron Acemoglu, Georgy Egorov and Konstantin Sonin
14238: The Greenness of Cities: Carbon Dioxide Emissions and Urban Development Downloads
Edward Glaeser and Matthew Kahn
14237: How Does Charitable Giving Respond to Incentives and Income? Dynamic Panel Estimates Accounting for Predictable Changes in Taxation Downloads
Jon Bakija and Bradley Heim
14236: Does Employee Ignorance Undermine Shared Capitalism? Downloads
John Budd
14235: How Does Shared Capitalism Affect Economic Performance in the UK? Downloads
Alex Bryson and Richard Freeman
14234: Who Has a Better Idea? Innovation, Shared Capitalism, and HR Policies Downloads
Erika Harden, Douglas Kruse and Joseph R. Blasi
14233: Do Workers Gain by Sharing? Employee Outcomes under Employee Ownership, Profit Sharing, and Broad-based Stock Options Downloads
Douglas Kruse, Richard Freeman and Joseph Blasi
14232: Hiring Cheerleaders: Board Appointments of "Independent" Directors Downloads
Lauren Cohen, Andrea Frazzini and Christopher Malloy
14231: Adjusting Government Policies for Age Inflation Downloads
John B. Shoven
14230: Creating a Bigger Pie? The Effects of Employee Ownership, Profit Sharing, and Stock Options on Workplace Performance Downloads
Joseph R. Blasi, Richard Freeman, Chris Mackin and Douglas Kruse
14229: Risk and Lack of Diversification under Employee Ownership and Shared Capitalism Downloads
Joseph R. Blasi, Douglas Kruse and Harry Markowitz
14228: An Economic Model of the Planning Fallacy Downloads
Markus Brunnermeier, Filippos Papakonstantinou and Jonathan Parker
14227: WORKER RESPONSES TO SHIRKING UNDER SHARED CAPITALISM Downloads
Richard Freeman, Douglas Kruse and Joseph Blasi
14226: Inventor Moral Hazard in University Licensing: The Role of Contracts Downloads
Emmanuel Dechenaux, Jerry Thursby and Marie Thursby
14225: Shared Capitalism in the U.S. Economy? Prevalence, Characteristics, and Employee Views of Financial Participation in Enterprises Downloads
Douglas Kruse, Joseph R. Blasi and Rhokeun Park
14224: Why the DEA STRIDE Data are Still Useful for Understanding Drug Markets Downloads
Jeremy Arkes, Rosalie Pacula, Susan M. Paddock, Jonathan P. Caulkins and Peter Reuter
14223: Daily Monetary Policy Shocks and the Delayed Response of New Home Sales Downloads
James Hamilton
14222: Liquidity Needs in Economies with Interconnected Financial Obligations Downloads
Julio Rotemberg
14221: What's a Recession, Anyway? Downloads
Edward Leamer
14220: Happiness Inequality in the United States Downloads
Betsey Stevenson and Justin Wolfers
14219: The Burden of the Nondiversifiable Risk of Entrepreneurship Downloads
Robert Hall and Susan E. Woodward
14218: Securities Laws, Disclosure, and National Capital Markets in the Age of Financial Globalization Downloads
René Stulz
14217: Financial Stability, the Trilemma, and International Reserves Downloads
Maurice Obstfeld, Jay Shambaugh and Alan Taylor
14216: Does Innovation Stimulate Employment? A Firm-Level Analysis Using Comparable Micro-Data from Four European Countries Downloads
Rupert Harrison, Jordi Jaumandreu, Jacques Mairesse and Bettina Peters
14215: What's News in Business Cycles Downloads
Stephanie Schmitt-Grohe and Martín Uribe
14214: Market Penetration Costs and the New Consumers Margin in International Trade Downloads
Costas Arkolakis
14213: Trends in the Black-White Achievement Gap:Clarifying the Meaning of Within- and Between-School Achievement Gaps Downloads
Lindsay C. Page, Richard Murnane and John B. Willett
14212: Organizational Fragmentation and Care Quality in the U.S. Health Care System Downloads
Randall D. Cebul, James Rebitzer, Lowell Taylor and Mark Votruba
14211: Harming the Best: How Schools Affect the Black-White Achievement Gap Downloads
Eric Hanushek and Steven Rivkin
14210: Long Term Insurance (LTI) for Addressing Catastrophe Risk Downloads
Dwight Jaffee, Howard Kunreuther and Erwann Michel-Kerjan
14209: Information, Avoidance Behavior, and Health: The Effect of Ozone on Asthma Hospitalizations Downloads
Matthew Neidell
14208: Labor Supply: Are the Income and Substitution Effects Both Large or Both Small? Downloads
Miles Kimball and Matthew Shapiro
14207: Leveraged Buyouts and Private Equity Downloads
Steven Kaplan and Per Stromberg
14206: The Persuasive Effects of Direct Mail: A Regression Discontinuity Approach Downloads
Alan Gerber, Daniel Kessler and Marc Meredith
14205: Real Effects of the Subprime Mortgage Crisis: Is it a Demand or a Finance Shock? Downloads
Hui Tong and Shang-Jin Wei
14204: Housing Wealth Isn't Wealth Downloads
Willem Buiter
14203: The Wage Gap between Francophones and Anglophones: A Canadian Perspective, 1970 to 2000 Downloads
David Albouy
14202: Do Women Pay More for Credit? Evidence from Italy Downloads
Alberto Alesina, Francesca Lotti and Paolo Emilio Mistrulli
14201: Neighbors And Co-Workers: The Importance Of Residential Labor Market Networks Downloads
Judith Hellerstein, Melissa McInerney and David Neumark
14200: Frequency of Price Adjustment and Pass-through Downloads
Gita Gopinath and Oleg Itskhoki
14199: Assessing the Anticompetitive Effects of Multiproduct Pricing Downloads
Dennis Carlton, Patrick Greenlee and Michael Waldman
14198: Powerful Women: Does Exposure Reduce Bias? Downloads
Lori Beaman, Raghabendra Chattopadhyay, Esther Duflo, Rohini Pande and Petia Topalova
14197: Environmental Taxes Downloads
Don Fullerton, Andrew Leicester and Stephen Smith
14196: Air Pollution and Infant Health: Lessons from New Jersey Downloads
Janet Currie, Matthew Neidell and Johannes Schmieder
14195: Which CEO Characteristics and Abilities Matter? Downloads
Steven Kaplan, Mark M. Klebanov and Morten Sorensen
14194: The Impact of Postsecondary Remediation Using a Regression Discontinuity Approach: Addressing Endogenous Sorting and Noncompliance Downloads
Juan Carlos Calcagno and Bridget Long
14193: Housing Supply and Housing Bubbles Downloads
Edward Glaeser, Joseph Gyourko and Albert Saiz
14192: The Plight of Mixed Race Adolescents Downloads
Roland Fryer, Lisa Kahn, Steven Levitt and Jörg Spenkuch
14191: Procyclical Fiscal Policy in Developing Countries: Truth or Fiction? Downloads
Ethan Ilzetzki and Carlos Vegh
14190: How Has the Euro Changed the Monetary Transmission? Downloads
Jean Boivin, Marc Giannoni and Benoit Mojon
14189: Board Interlocks and the Propensity to be Targeted in Private Equity Transactions Downloads
Toby Stuart and Soojin Yim
14188: Immigration and National Wages: Clarifying the Theory and the Empirics Downloads
Gianmarco Ottaviano and Giovanni Peri
14187: Do Buyouts (Still) Create Value? Downloads
Shourun Guo, Edie S. Hotchkiss and Weihong Song
14186: The Consequences of High School Exit Examinations for Struggling Low-Income Urban Students: Evidence from Massachusetts Downloads
John P. Papay, Richard Murnane and John B. Willett
14185: The Evolutionary Theory of Time Preferences and Intergenerational Transfers Downloads
C.Y. Cyrus Chu, Hung-Ken Chien and Ronald Lee
14184: Endogenous information, menu costs and inflation persistence Downloads
Yuriy Gorodnichenko
14183: Strategic Judgment Proofing Downloads
Yeon-Koo Che and Kathryn E. Spier
14182: The Greatest Architects of the Twentieth Century: Goals, Methods, and Life Cycles Downloads
David Galenson
14181: Expectations, Learning and Business Cycle Fluctuations Downloads
Stefano Eusepi and Bruce Preston
14180: The Investment Behavior of Buyout Funds: Theory and Evidence Downloads
Alexander Ljungqvist, Matthew Richardson and Daniel Wolfenzon
14179: Saving Your Home in Chapter 13 Bankruptcy Downloads
Michelle White and Ning Zhu
14178: Factor Utilization in Indian Manufacturing: A Look at the World Bank Investment Climate Surveys Data Downloads
Ana Fernandes and Ariel Pakes
14177: Fight or Flight? Portfolio Rebalancing by Individual Investors Downloads
Laurent Calvet, John Campbell and Paolo Sodini
14176: School Competition and Efficiency with Publicly Funded Catholic Schools Downloads
David Card, Martin Dooley and A. Payne
14175: Private Information and a Macro Model of Exchange Rates: Evidence from a Novel Data Set Downloads
Menzie Chinn and Michael Moore
14174: Returns to Physician Human Capital: Analyzing Patients Randomized to Physician Teams Downloads
Joseph J. Doyle, Jr., Steven M. Ewer and Todd H. Wagner
14173: Has Public Health Insurance for Older Children Reduced Disparities in Access to Care and Health Outcomes? Downloads
Janet Currie, Sandra Decker and Wanchuan Lin
14172: Home Bias at the Fund Level Downloads
Harald Hau and Helene Rey
14171: On the Sources of the Great Moderation Downloads
Jordi Galí and Luca Gambetti
14170: Optimal Policy with Heterogeneous Preferences Downloads
Louis Kaplow
14169: Efficient Prediction of Excess Returns Downloads
Jon Faust and Jonathan Wright
14168: Pitfalls in Measuring Exchange Rate Misalignment: The Yuan and Other Currencies Downloads
Yin-Wong Cheung, Menzie Chinn and Eiji Fujii
14167: Lifting the Curse of Dimensionality: Measures of the Labor Legislation Climate in the States During the Progressive Era Downloads
Price Fishback, Rebecca Holmes and Samuel Allen
14166: E-commerce and the Market Structure of Retail Industries Downloads
Maris Goldmanis, Ali Hortacsu, Chad Syverson and Onsel Emre
14165: Global Portfolio Rebalancing Under the Microscope Downloads
Harald Hau and Helene Rey
14164: Determinacy, Learnability, and Plausibility in Monetary Policy Analysis: Additional Results Downloads
Bennett McCallum
14163: Reconsideration of the P-Bar Model of Gradual Price Adjustment Downloads
Bennett McCallum
14162: Edgeworth Cycles Revisited Downloads
Joseph J. Doyle, Jr., Erich Muehlegger and Krislert Samphantharak
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