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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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13680: Complements versus Substitutes and Trends in Fertility Choice in Dynastic Models Downloads
Larry Jones and Alice Schoonbroodt
13679: Principal-agent Incentives, Excess Caution, and Market Inefficiency: Evidence From Utility Regulation Downloads
Severin Borenstein, Meghan Busse and Ryan Kellogg
13678: Conservation: From Voluntary Restraint to a Voluntary Price Premium Downloads
Matthew Kotchen and Michael Moore
13677: Nominal Debt as a Burden on Monetary Policy Downloads
Ramon Marimon, Javier Díaz-Giménez, Giorgia Giovannetti and Pedro Teles
13676: School Markets: The Impact of Information Approximating Schools' Effectiveness Downloads
Alejandra Mizala and Miguel Urquiola
13675: The Great Mexican Emigration Downloads
Gordon Hanson and Craig McIntosh
13674: Frictional Wage Dispersion in Search Models: A Quantitative Assessment Downloads
Andreas Hornstein, Per Krusell and Giovanni Violante
13673: Insurance and Opportunities: A Welfare Analysis of Labor Market Risk Downloads
Jonathan Heathcote, Kjetil Storesletten and Giovanni Violante
13672: Votes or Money? Theory and Evidence from the US Congress Downloads
Matilde Bombardini and Francesco Trebbi
13671: Trade Policy and Market Power: The Case of the US Steel Industry Downloads
Bruce Blonigen, Benjamin Liebman and Wesley Wilson
13670: The American High School Graduation Rate: Trends and Levels Downloads
James Heckman and Paul LaFontaine
13669: Labor Outflows and Labor Inflows in Puerto Rico Downloads
George Borjas
13668: Does Medicare Save Lives? Downloads
David Card, Carlos Dobkin and Nicole Maestas
13667: Do State Laws Affect the Age of Marriage? A Cautionary Tale About Avoidance Behavior Downloads
Rebecca Blank, Kerwin Kofi Charles and James Sallee
13666: Using Firm Optimization to Evaluate and Estimate Returns to Scale Downloads
Yuriy Gorodnichenko
13665: Strike Three: Umpires' Demand for Discrimination Downloads
Christopher A. Parsons, Johan Sulaeman, Michael C. Yates and Daniel Hamermesh
13664: Scaling Up Malaria Control in Africa: An Economic and Epidemiological Assessment Downloads
Awash Teklehaimanot, Gordon McCord and Jeffrey D. Sachs
13663: First in the Class? Age and the Education Production Function Downloads
Elizabeth Cascio and Diane Schanzenbach
13662: Trade, Diffusion and the Gains from Openness Downloads
Andres Rodriguez-Clare
13661: Prejudice and The Economics of Discrimination Downloads
Kerwin Kofi Charles and Jonathan Guryan
13660: Financial Structure, Liquidity, and Firm Locations Downloads
Andres Almazan, Adolfo de Motta, Sheridan Titman and Vahap Uysal
13659: Exchange Rate Volatility and First-Time Entry by Multinational Firms Downloads
Katheryn Russ
13658: How Sovereign is Sovereign Credit Risk? Downloads
Francis Longstaff, Jun Pan, Lasse Pedersen and Kenneth Singleton
13657: Health, Economic Resources and the Work Decisions of Older Men Downloads
John Bound, Todd Stinebrickner and Timothy Waidmann
13656: Mental Accounting in Portfolio Choice: Evidence from a Flypaper Effect Downloads
James Choi, David Laibson and Brigitte Madrian
13655: The Heterogeneous State of Modern Macroeconomics: A Reply to Solow Downloads
Varadarajan Chari and Patrick Kehoe
13654: Wage Structure, Raises and Mobility: International Comparisons of the Structure of Wages Within and Across Firms Downloads
Edward Lazear and Kathryn Shaw
13653: Personnel Economics: The Economist's View of Human Resources Downloads
Edward Lazear and Kathryn Shaw
13652: Tenure and Output Downloads
Kathryn Shaw and Edward Lazear
13651: International Differences in the Adoption and Impact of New Information Technologies and New HR Practices: The Valve-Making Industry in the U.S. and U.K Downloads
Ann Bartel, Casey Ichniowski, Kathryn Shaw and Ricardo Correa
13650: Evaluating Asset Pricing Models with Limited Commitment using Household Consumption Data Downloads
Dirk Krueger, Hanno Lustig and Fabrizio Perri
13649: Mortality Risks, Health Endowments, and Parental Investments in Infancy: Evidence from Rural India Downloads
Ashlesha Datar, Arkadipta Ghosh and Neeraj Sood
13648: Are Teacher Absences Worth Worrying About in the U.S.? Downloads
Charles Clotfelter, Helen Ladd and Jacob Vigdor
13647: Firms' Stakeholders and the Costs of Transparency Downloads
Andres Almazan, Javier Suarez and Sheridan Titman
13646: Endogenous Entry, Product Variety, and Business Cycles Downloads
Florin Bilbiie, Fabio Ghironi and Marc Melitz
13645: The General Equilibrium Incidence of Environmental Mandates Downloads
Don Fullerton and Garth Heutel
13644: Patents, Thickets, and the Financing of Early-Stage Firms: Evidence from the Software Industry Downloads
Iain Cockburn and Megan MacGarvie
13643: Voluntary Provision of Public Goods for Bads: A Theory of Environmental Offsets Downloads
Matthew Kotchen
13642: Open-Access Losses and Delay in the Assignment of Property Rights Downloads
Gary Libecap
13641: The Impact of Litigation on Venture Capitalist Reputation Downloads
Vladimir Atanasov, Vladimir Ivanov and Kate Litvak
13640: Do Stock Prices Influence Corporate Decisions? Evidence from the Technology Bubble Downloads
Murillo Campello and John Graham
13639: Inefficient Credit Booms Downloads
Guido Lorenzoni
13638: Gender Based Taxation and the Division of Family Chores Downloads
Alberto Alesina, Andrea Ichino and Loukas Karabarbounis
13637: Momentum and Social Learning in Presidential Primaries Downloads
Brian Knight and Nathan Schiff
13636: The Effect of Venture Capital on Innovation Strategies Downloads
Marco Da Rin and María Penas
13635: The Long and the Short End of the Term Structure of Policy Rules Downloads
Josephine Smith and John Taylor
13634: Securing Their Future? Entry And Survival In The Information Security Industry Downloads
Ashish Arora and Anand Nandkumar
13633: Does Individual Performance Affect Entrepreneurial Mobility? Empirical Evidence from the Financial Analysis Market Downloads
Boris Groysberg, Ashish Nanda and M. Julia Prats
13632: Competing on Standards? Entrepreneurship, Intellectual Property and the Platform Paradox Downloads
Timothy S. Simcoe, Stuart Graham and Maryann Feldman
13631: Migration and Trade in a World of Technological Differences: Theory with an Application to Eastern-Western European Integration Downloads
Susana Iranzo and Giovanni Peri
13630: A Theory of Retirement Downloads
David Bloom, David Canning and Michael Moore
13629: Intertemporal Distortions in the Second best Downloads
Stefania Albanesi and Roc Armenter
13628: The Role of Extensive and Intensive Margins and Export Growth Downloads
Tibor Besedes and Thomas Prusa
13627: Mind the Gap! Consumer Perceptions and Choices of Medicare Part D Prescription Drug Plans Downloads
Florian Heiss, Daniel McFadden and Joachim Winter
13626: Mortality, Mass-Layoffs, and Career Outcomes: An Analysis using Administrative Data Downloads
Daniel Sullivan and Till von Wachter
13625: When Does a Mutual Fund's Trade Reveal its Skill? Downloads
Zhi Da, Pengjie Gao and Ravi Jagannathan
13624: Taxes and the Global Allocation of Capital Downloads
David Backus, Espen Henriksen and Kjetil Storesletten
13623: Information, School Choice, and Academic Achievement: Evidence from Two Experiments Downloads
Justine Hastings and Jeffrey M. Weinstein
13622: Happiness, Contentment and Other Emotions for Central Banks Downloads
Rafael Di Tella and Robert MacCulloch
13621: Do On-Line Labor Market Intermediaries Matter? The Impact of AlmaLaurea on the University-to-Work Transition Downloads
Manuel Bagues and Mauro Sylos-Labini
13620: Pass-through of Exchange Rates and Competition Between Floaters and Fixers Downloads
Paul Bergin and Robert Feenstra
13619: Foreign Capital and Economic Growth Downloads
Eswar Prasad, Raghuram Rajan and Arvind Subramanian
13618: Do Multinationals' R&D Activities Stimulate Indigenous Entrepreneurship? Evidence from China's "Silicon Valley" Downloads
Hongbin Cai, Yasuyuki Todo and Li-An Zhou
13617: Teacher Credentials and Student Achievement in High School: A Cross-Subject Analysis with Student Fixed Effects Downloads
Charles Clotfelter, Helen Ladd and Jacob Vigdor
13616: Technology, International Trade, and Pollution from U.S. Manufacturing Downloads
Arik Levinson
13615: Relative Goods' Prices, Pure Inflation, and the Phillips Correlation Downloads
Ricardo Reis and Mark Watson
13614: Revisiting the Income Effect: Gasoline Prices and Grocery Purchases Downloads
Dora Gicheva, Justine Hastings and Sofia Villas-Boas
13613: The Transmission of Domestic Shocks in the Open Economy Downloads
Christopher Erceg, Christopher Gust and David Lopez-Salido
13612: Goods Trade and International Equity Portfolios Downloads
Fabrice Collard, Harris Dellas, Behzad Diba and Alan Stockman
13611: The Affine Arbitrage-Free Class of: Nelson-Siegel Term Structure Models Downloads
Jens Christensen, Francis Diebold and Glenn Rudebusch
13610: Routes of Infection: Exports and HIV Incidence in Sub-Saharan Africa Downloads
Emily Oster
13609: Mechanisms for the Association Between Maternal Employment and Child Cognitive Development Downloads
John Cawley and Feng Liu
13608: The Economic Consequences of Legal Origins Downloads
Rafael La Porta, Florencio Lopez-de-Silanes and Andrei Shleifer
13607: New Framework for Measuring and Managing Macrofinancial Risk and Financial Stability Downloads
Dale F. Gray, Robert Merton and Zvi Bodie
13606: Segregation and Black Political Efficacy Downloads
Elizabeth Oltmans Ananat and Ebonya L. Washington
13605: Canada's Pioneering Experience with a Flexible Exchange Rate in the 1950s:(Hard) Lessons Learned for Monetary Policy in a Small Open Economy Downloads
Michael Bordo, Ali Dib and Lawrence Schembri
13604: Financial Risk in the Biotechnology Industry Downloads
Joseph H. Golec and John A. Vernon
13603: Business Cycle Fluctuations and the Life Cycle: How Important is On-The-Job Skill Accumulation? Downloads
Gary Hansen and Selahattin Imrohoroglu
13602: Capital Flows to Developing Countries: The Allocation Puzzle Downloads
Pierre-Olivier Gourinchas and Olivier Jeanne
13601: Did Firms Substitute Dividends for Share Repurchases after the 2003 Reductions in Shareholder Tax Rates? Downloads
Jennifer L. Blouin, Jana Smith Raedy and Douglas Shackelford
13600: Maternal Employment and Childhood Obesity: A Search for Mechanisms in Time Use Data Downloads
John Cawley and Feng Liu
13599: The Mortality Cost to Smokers Downloads
W Viscusi and Joni Hersch
13598: The Political-Economy Positive Role of the Social Security System in Sustaining Immigration (But Not Vice Versa) Downloads
Edith Sand and Assaf Razin
13597: Bank Failures in Theory and History: The Great Depression and Other "Contagious" Events Downloads
Charles Calomiris
13596: Whoa, Nellie! Empirical Tests of College Football's Conventional Wisdom Downloads
Trevon Logan
13595: Body Composition and Wages Downloads
Roy Wada and Erdal Tekin
13594: Measuring the Values for Time Downloads
Raymond B. Palmquist, Daniel Phaneuf and V. Smith
13593: Incentive Conflict In Central-Bank Responses to Sectoral Turmoil in Financial Hub Countries Downloads
Edward Kane
13592: Measuring the Welfare Gain from Personal Computers: A Macroeconomic Approach Downloads
Jeremy Greenwood and Karen Kopecky
13591: Modeling Great Depressions: The Depression in Finland in the 1990s Downloads
Juan Carlos Conesa, Timothy Kehoe and Kim Ruhl
13590: Policy with Dispersed Information Downloads
George-Marios Angeletos and Alessandro Pavan
13589: Factor Endowments and the Returns to Skill: New Evidence from the American Past Downloads
Joseph Kaboski and Trevon Logan
13588: Global Yield Curve Dynamics and Interactions: A Dynamic Nelson-Siegel Approach Downloads
Francis Diebold, Canlin Li and Vivian Yue
13587: Too Good to Be True? An Examination of Three Economic Assessments of California Climate Change Policy Downloads
Robert Stavins, Judson Jaffe and Todd Schatzki
13586: The Impacts of Renminbi Appreciation on Trades Flows and Reserve Accumulation in a Monetary Trade Model Downloads
Li Wang and John Whalley
13585: How Much Uncompensated Care do Doctors Provide? Downloads
Jonathan Gruber and David Rodriguez
13584: Real Options in a Dynamic Agency Model, with Applications to Financial Development, IPOs, and Business Risk Downloads
Thomas Philippon and Yuliy Sannikov
13583: Fertility, Female Labor Force Participation, and the Demographic Dividend Downloads
David Bloom, David Canning, Günther Fink and Jocelyn Finlay
13582: Temporary Help Services Employment in Portugal, 1995-2000 Downloads
Rene Boeheim and Ana Rute Cardoso
13581: Evaluating the Impure Chinese VAT Relative to a Pure Form in a Simple Monetary Trade Model with an Endogenous Trade Surplus Downloads
John Whalley and Li Wang
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