NBER Working Papers

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13509: Measuring Welfare in Restructured Electricity Markets

Erin Mansur

13508: Is Real-Time Pricing Green? The Environmental Impacts of Electricity Demand Variance

Stephen Holland and Erin Mansur

13507: Vertical Arrangements, Market Structure, and Competition An Analysis of Restructured U.S. Electricity Markets

James Bushnell, Erin Mansur and Celeste Saravia

13506: Fear, Unemployment and Migration

David Blanchflower and Chris Shadforth

13505: Is Unemployment More Costly Than Inflation?

David Blanchflower

13504: Advisors and Asset Prices: A Model of the Origins of Bubbles

Harrison Hong, Jose Scheinkman and Wei Xiong

13503: Income Tax Design and the Desirability of Subsidies to Secondary Workers in a Household Model with Joint and Non-Joint Time

Edgar Cudmore, John Piggott and John Whalley

13502: Two Reasons Why Money and Credit May be Useful in Monetary Policy

Lawrence Christiano, Roberto Motto and Massimo Rostagno

13501: The Welfare Effects of Public Drug Insurance

Darius Lakdawalla and Neeraj Sood

13500: The Economics of Inefficient Technology Use

Paul Beaudry and Patrick Francois

13499: Unmeasured Investment and the Puzzling U.S. Boom in the 1990s

Ellen McGrattan and Edward Prescott

13498: Heterogeneous Impact of the "Seguro Popular" Program on the Utilization of Obstetrical Services in Mexico, 2001-2006: A Multinomial Probit Model with a Discrete Endogenous Variable

Sandra G. Sosa-Rubi, Omar Galarraga and Jeffrey E. Harris

13497: "Lost" on the Web: Does Web Distribution Stimulate or Depress Television Viewing?

Joel Waldfogel

13496: Housing Price Volatility and Downsizing in Later Life

James Banks, Richard Blundell, Zoe Oldfield and James Smith

13495: The Income Gradient in Children's Health: A Comment on Currie, Shields and Wheatley Price

Anne Case, Diana Lee and Christina Paxson

13494: Wages, Violence and Health in the Household

Anna Aizer

13493: Information Technology and Medical Missteps: Evidence from a Randomized Trial

Jonathan C. Javitt, James Rebitzer and Lonny Reisman

13492: Love, Hate and Murder: Commitment Devices in Violent Relationships

Anna Aizer and Pedro Dal Bó

13491: Migration Creation, Diversion, and Retention: New Deal Grants and Migration: 1935-1940

Todd Sorensen, Price Fishback, Samuel Allen and Shawn Kantor

13490: Structural Uncertainty and the Value of Statistical Life in the Economics of Catastrophic Climate Change

Martin Weitzman

13489: Sudden Stops: Determinants and Output Effects in the First Era of Globalization, 1880-1913

Michael Bordo, Alberto Cavallo and Christopher Meissner

13488: Overweight in Adolescents: Implications for Health Expenditures

Alan C. Monheit, Jessica P. Vistnes and Jeannette A. Rogowski

13487: Optimal Mortgage Refinancing: A Closed Form Solution

Sumit Agarwal, John Driscoll and David Laibson

13486: The Informal Sector

Aureo de Paula and Jose Scheinkman

13485: The Effects of Work-Conditioned Transfers on Marriage and Child Well-Being: A Review

Jeffrey Grogger and Lynn Karoly

13484: Co-Authoring Advanced Art

David Galenson

13483: The International Diversification Puzzle Is Not As Bad As You Think

Jonathan Heathcote and Fabrizio Perri

13482: Risk Tolerance and Alcohol Demand Among Adults and Older Adults

Dhaval Dave and Henry Saffer

13481: Reference Points and the Theory of the Firm

Oliver Hart

13480: Personnel Economics

Edward Lazear and Paul Oyer

13479: Childhood Disadvantage and Obesity: Is Nurture Trumping Nature?

Patricia Anderson, Kristin Butcher and Diane Schanzenbach

13478: The Lifetime Costs and Benefits of Medical Technology

David Cutler

13477: Social Interactions and Smoking

David Cutler and Edward Glaeser

13476: New Age Thinking: Alternative Ways of Measuring Age, Their Relationship to Labor Force Participation, Goverment Policies and GDP

John B. Shoven

13475: Wall Street and Silicon Valley: A Delicate Interaction

George-Marios Angeletos, Guido Lorenzoni and Alessandro Pavan

13474: Child Mental Health and Human Capital Accumulation: The Case of ADHD Revisited

Jason Fletcher and Barbara Wolfe

13473: Measuring the Returns to R&D: The Depreciation Problem

Bronwyn Hall

13472: Local Solutions to Global Problems: Policy Choice and Regulatory Jurisdiction

James Bushnell, Carla Peterman and Catherine Wolfram

13471: Housing, Credit Markets and the Business Cycle

Martin Feldstein

13470: Facts and Fallacies about U.S. FDI in China

Lee Branstetter and C. Fritz Foley

13469: Why Development Levels Differ: The Sources of Differential Economic Growth in a Panel of High and Low Income Countries

Charles R. Hulten and Anders Isaksson

13468: An Asset-Pricing View of External Adjustment

Anna Pavlova and Roberto Rigobon

13467: The Impact of Foreign Interest Rates on the Economy: The Role of the Exchange Rate Regime

Julian di Giovanni and Jay Shambaugh

13466: Parental Education and Child Health: Evidence from a Natural Experiment in Taiwan

Shin-Yi Chou, Jin-Tan Liu, Michael Grossman and Ted Joyce

13465: Trade Shocks and Labor Adjustment: A Structural Empirical Approach

Erhan Artuc, Shubham Chaudhuri and John McLaren

13464: Some Simple Analytics of Trade and Labor Mobility

Shubham Chaudhuri and John McLaren

13463: Trade Shocks and Labor Adjustment: Theory

Stephen Cameron, Shubham Chaudhuri and John McLaren

13462: Race, Segregation, and Postal Employment: New Evidence on Spatial Mismatch

Leah Boustan and Robert Margo

13461: Family Structure and the Treatment of Childhood Asthma

Alex Y. Chen and José Escarce

13460: Social Networks and Access to Health Care Among Mexican-Americans

Carole Roan Gresenz, Jeannette Rogowski and José J. Escarce

13459: How Does the Government (Want to) Fund Science? Politics, Lobbying and Academic Earmarks

John M. de Figueiredo and Brian Silverman

13458: Is the "Surge" Working? Some New Facts

Michael Greenstone

13457: Why is Economic Policy Different in New Democracies? Affecting Attitudes About Democracy

Adi Brender and Allan Drazen

13456: Measuring the Compactness of Political Districting Plans

Roland Fryer and Richard Holden

13455: Prices and Market Shares in a Menu Cost Model

Ariel Burstein and Christian Hellwig

13454: Public Policies against Global Warming

Hans-Werner Sinn

13453: Pareto Optimality in the Extraction of Fossil Fuels and the Greenhouse Effect: A Note

Hans-Werner Sinn

13452: How Airline Markets Work...Or Do They? Regulatory Reform in the Airline Industry

Severin Borenstein and Nancy Rose

13451: The Antebellum U.S. Iron Industry: Domestic Production and Foreign Competition

Joseph H. Davis and Douglas Irwin

13450: Trade Restrictiveness and Deadweight Losses from U.S. Tariffs, 1859-1961

Douglas Irwin

13449: Construction and Interpretation of Model-Free Implied Volatility

Torben Andersen and Oleg Bondarenko

13448: No-Arbitrage Taylor Rules

Andrew Ang, Sen Dong and Monika Piazzesi

13447: Intra-Industry Foreign Direct Investment

Laura Alfaro and Andrew Charlton

13446: The Smuggling of Art, and the Art of Smuggling: Uncovering the Illicit Trade in Cultural Property and Antiques

Raymond Fisman and Shang-Jin Wei

13445: Custom Made Versus Ready to Wear Treatments; Behavioral Propensities in Physician's Choices

Richard G. Frank and Richard Zeckhauser

13444: News and Business Cycles in Open Economies

Nir Jaimovich and Sergio Rebelo

13443: Is Gaining Access to Selective Elementary Schools Gaining Ground? Evidence From Randomized Lotteries

Julie Cullen and Brian A. Jacob

13442: Labor Supply Responses to Large Social Transfers: Longitudinal Evidence from South Africa

Cally Ardington, Anne Case and Victoria Hosegood

13441: Reassessing the WIC Effect: Evidence from the Pregnancy Nutrition Surveillance System

Andrew D. Racine and Cristina Yunzal-Butler

13440: Financial Integration within EU Countries: The Role of Institutions, Confidence and Trust

Mehmet Ekinci, Sebnem Kalemli-Ozcan and Bent Sorensen

13439: Policy vs. Consumer Pressure: Innovation and Diffusion of Alternative Bleaching Technologies in the Pulp Industry

David Popp, Tamara Hafner and Nick Johnstone

13438: Guaranteed Trouble: The Economic Effects of the Pension Benefit Guaranty Corporation

Jeffrey Brown

13437: Skill Biased Financial Development: Education, Wages and Occupations in the U.S. Financial Sector

Thomas Philippon and Ariell Reshef

13436: Socioeconomic Disadvantage and Early Childbearing

Melissa Kearney and Phillip Levine

13435: Institutions and Foreign Investment: China versus the World

Joseph P.H. Fan, Randall Morck, Lixin Xu and Bernard Yeung

13434: Temporary Help Agencies and the Advancement Prospects of Low Earners

Fredrik Andersson, Harry Holzer and Julia Lane

13433: Financial Exchange Rates and International Currency Exposures

Philip Lane and Jay Shambaugh

13432: Currency Choice and Exchange Rate Pass-through

Gita Gopinath, Oleg Itskhoki and Roberto Rigobon

13431: Institutions and U.S. Regional Development: A Study of Massachusetts and Virginia

Sukkoo Kim

13430: Linearity-Generating Processes: A Modelling Tool Yielding Closed Forms for Asset Prices

Xavier Gabaix

13429: Health Status, Health Care and Inequality: Canada vs. the U.S

June O'Neill and Dave M. O'Neill

13428: Housing IS the Business Cycle

Edward Leamer

13427: Testing Limits to Policy Reversal: Evidence from Indian Privatizations

Siddhartha G. Dastidar, Raymond Fisman and Tarun Khanna

13426: The market value of patents and R&D: Evidence from European firms

Bronwyn Hall, Grid Thoma and Salvatore Torrisi

13425: What Has Financed Government Debt?

Hess Chung and Eric Leeper

13424: International Portfolios with Supply, Demand and Redistributive Shocks

Nicolas Coeurdacier, Robert Kollmann and Philippe Martin

13423: Estimating the Equity Premium

John Campbell

13422: Peer Effects in the Workplace: Evidence from Random Groupings in Professional Golf Tournaments

Jonathan Guryan, Kory Kroft and Matthew Notowidigdo

13421: Reassessing the Ins and Outs of Unemployment

Robert Shimer

13420: Psychology and Economics: Evidence from the Field

Stefano DellaVigna

13419: Cracking the Conundrum

David Backus and Jonathan Wright

13418: Keep on Scrapping: The Salvage Drives of World War II

Hugh Rockoff

13417: Hatred and Profits: Getting Under the Hood of the Ku Klux Klan

Roland Fryer and Steven Levitt

13416: Financial Innovation and the Transactions Demand for Cash

Fernando E. Alvarez and Francesco Lippi

13415: Risks and Prices: The Role of User Sanctions in Marijuana Markets

Rosalie Pacula, Beau Kilmer, Michael Grossman and Frank Chaloupka

13414: Bayesian and Adaptive Optimal Policy under Model Uncertainty

Lars Svensson and Noah Williams

13413: Further Results on Measuring the Well-Being of the Poor Using Income and Consumption

Bruce Meyer and James Sullivan

13412: On the Welfare Implications of Financial Globalization without Financial Development

Enrique Mendoza, Vincenzo Quadrini and José-Víctor Ríos-Rull

13411: Long-term consequences of vietnam-era conscription: schooling, experience, and earnings

Joshua Angrist and Stacey H. Chen

13410: Determinacy and Identification with Taylor Rules

John Cochrane