NBER Working Papers

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12909: Financial Integration, Financial Deepness and Global Imbalances

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

12908: The American Family and Family Economics

Shelly Lundberg and Robert Pollak

12907: Medicaid Expansions and Fertility in the United States

Thomas DeLeire, Leonard M. Lopoo and Kosali Simon

12906: Anti-depressants and Suicide

Jens Ludwig, Dave Marcotte and Karen Norberg

12905: Diabetes and the Rise of the SES Health Gradient

James Smith

12904: On Current Account Surpluses and the Correction of Global Imbalances

Sebastian Edwards

12903: Criminal Prosecution and HIV-related Risky Behavior

Adeline Delavande, Dana Goldman and Neeraj Sood

12902: Antitrust and Regulation

Dennis Carlton and Randal C. Picker

12901: Sources of Growth in the Indian Economy

Barry Bosworth, Susan M. Collins and Arvind Virmani

12900: Immigration, Industrial Revolution and Urban Growth in the United States, 1820-1920: Factor Endowments, Technology and Geography

Sukkoo Kim

12899: The Unified Enterprise Tax and SOEs in China

John Whalley and Li Wang

12898: News Shocks and Optimal Monetary Policy

Guido Lorenzoni

12897: Gender and Job Performance: Evidence from Wall Street

T. Clifton Green, Narasimhan Jegadeesh and Yuehua Tang

12896: Collective Risk Management in a Flight to Quality Episode

Ricardo Caballero and Arvind Krishnamurthy

12895: Long Run Health Impacts of Income Shocks: Wine and Phylloxera in 19th Century France

Abhijit Banerjee, Esther Duflo, Gilles Postel-Vinay and Timothy M. Watts

12894: Cementing Relationships: Vertical Integration, Foreclosure, Productivity, and Prices

Ali Hortacsu and Chad Syverson

12893: The Spike at Benefit Exhaustion: Leaving the Unemployment System or Starting a New Job?

David Card, Raj Chetty and Andrea Weber

12892: Africa's Lagging Demographic Transition: Evidence from Exogenous Impacts of Malaria Ecology and Agricultural Technology

Dalton Conley, Gordon McCord and Jeffrey D. Sachs

12891: Product Market Regulation and Market Work: A Benchmark Analysis

Lei Fang and Richard Rogerson

12890: Taxation and Market Work: Is Scandinavia an Outlier?

Richard Rogerson

12889: Structural Transformation and the Deterioration of European Labor Market Outcomes

Richard Rogerson

12888: Women, Work, and Culture

Raquel Fernandez

12887: Liquidity and Risk Management

Nicolae B. Garleanu and Lasse Pedersen

12886: Implementing Technology

Diego Comin and Bart Hobijn

12885: Distributional Effects of Globalization in Developing Countries

Pinelopi Goldberg and Nina Pavcnik

12884: Trade Adjustment and Human Capital Investments: Evidence from Indian Tariff Reform

Eric Edmonds, Nina Pavcnik and Petia Topalova

12883: The Labor Market Impacts of Youth Training in the Dominican Republic: Evidence from a Randomized Evaluation

David Card, Pablo Ibarraran, Ferdinando Regalia, Gerardo Rosas and Yuri Soares

12882: Who Blows the Whistle on Corporate Fraud?

Isaac Dyck, Adair Morse and Luigi Zingales

12881: The Demand for Treasury Debt

Arvind Krishnamurthy and Annette Vissing-Jorgensen

12880: Taxing Capital? Not a Bad Idea After All!

Juan Carlos Conesa, Sagiri Kitao and Dirk Krueger

12879: Behavioral Law and Economics

Christine Jolls

12878: Adoption and Termination of Employee Involvement Programs

Wei Chi, Richard Freeman and Morris M. Kleiner

12877: Slow Moving Capital

Mark Mitchell, Lasse Pedersen and Todd Pulvino

12876: Does Inflation Targeting Make a Difference?

Frederic Mishkin and Klaus Schmidt-Hebbel

12875: Transparency and Corporate Governance

Benjamin Hermalin and Michael Weisbach

12874: On the Return to Venture Capital

Boyan Jovanovic and Balàzs Szentes

12873: A Unifying Model of How the Tax System and Generally Accepted Accounting Principles Affect Corporate Behavior

Douglas Shackelford, Joel Slemrod and James Sallee

12872: Teaching Locals New Tricks: Foreign Experts as a Channel of Knowledge Transfers

James Markusen and Natalia Trofimenko

12871: Optimal Migration: A World Perspective

Jess Benhabib and Boyan Jovanovic

12870: Integrated Insurance Design in the Presence of Multiple Medical Technologies

Dana Goldman and Tomas Philipson

12869: Has Social Security Influenced Family Formation and Fertility in OECD Countries? An Economic and Econometric Analysis

Isaac Ehrlich and Jinyoung Kim

12868: The Mystery of Human Capital as Engine of Growth, or Why the US Became the Economic Superpower in the 20th Century

Isaac Ehrlich

12867: Antitrust

Louis Kaplow and Carl Shapiro

12866: Do Analysts Herd? An Analysis of Recommendations and Market Reactions

Narasimhan Jegadeesh and Woojin Kim

12865: Quasi-Experimental Evidence on the Effects of Unemployment Insurance from New York State

Bruce Meyer and Wallace K C Mok

12864: Health Information and Subjective Survival Probability: Evidence from Taiwan

Jin-Tan Liu, Meng-Wen Tsou and James Hammitt

12863: College Cost and Time to Complete a Degree: Evidence from Tuition Discontinuities

Pietro Garibaldi, Francesco Giavazzi, Andrea Ichino and Enrico Rettore

12862: Determinants of Deposit-Insurance Adoption and Design

Asli Demirguc-Kunt, Edward Kane and Luc Laeven

12861: Pricing-to-Market in a Ricardian Model of International Trade

Andrew Atkeson and Ariel Burstein

12860: Do Employment Protections Reduce Productivity? Evidence from U.S. States

David Autor, William Kerr and Adriana Kugler

12859: The Excess Burden of Government Indecision

Francisco Gomes, Laurence Kotlikoff and Luis Viceira

12858: Crowd-Out Ten Years Later: Have Recent Public Insurance Expansions Crowded Out Private Health Insurance?

Jonathan Gruber and Kosali Simon

12857: As Low Birth Weight Babies Grow, Can 'Good' Parents Buffer this Adverse Factor? A Research Note

Ming-Jen Lin, Jin-Tan Liu and Shin-Yi Chou

12856: International Capital Flows

Eric van Wincoop and Cédric Tille

12855: Multinational Firms, FDI Flows and Imperfect Capital Markets

Pol Antras, Mihir A. Desai and C. Fritz Foley

12854: The Farm, the City, and the Emergence of Social Security

Elizabeth Caucutt, Thomas Cooley and Nezih Guner

12853: The Ins and Outs of Cyclical Unemployment

Michael Elsby, Ryan Michaels and Gary Solon

12852: Capital Controls, Capital Flow Contractions, and Macroeconomic Vulnerability

Sebastian Edwards

12851: The Political Economy of Financial Regulation: Evidence from U.S. State Usury Laws in the 19th Century

Efraim Benmelech and Tobias J. Moskowitz

12850: The Overvaluation of Renminbi Undervaluation

Yin-Wong Cheung, Menzie Chinn and Eiji Fujii

12849: Do Food Stamps Cause Obesity? Evidence from Immigrant Experience

Neeraj Kaushal

12848: Prescription Drug Insurance and Its Effect on Utilization and Health of the Elderly

Nasreen Khan, Robert Kaestner and Swu Jane Lin

12847: Does Firm Value Move Too Much to be Justified by Subsequent Changes in Cash Flow?

Borja Larrain and Motohiro Yogo

12846: Interpersonal Styles and Labor Market Outcomes

Lex Borghans, Bas ter Weel and Bruce Weinberg

12845: Idiosyncratic Shocks and the Role of Nonconvexities in Plant and Aggregate Investment Dynamics

Aubhik Khan and Julia Thomas

12844: Evaluating Methods for Evaluating Instruction: The Case of Higher Education

Bruce Weinberg, Belton Fleisher and Masanori Hashimoto

12843: Risk, Return and Dividends

Andrew Ang and Jun Liu

12842: Who Chooses Defined Contribution Plans?

Jeffrey Brown and Scott Weisbenner

12841: Uncertainty and the Dynamics of R&D

Nicholas Bloom

12840: The Technology of Skill Formation

Flavio Cunha and James Heckman

12839: Is Numerairology the Future of Monetary Economics? Unbundling numeraire and medium of exchange through a virtual currency and a shadow exchange rate

Willem Buiter

12838: The Demographic Transition and the Sexual Division of Labor

Bruno L. S. Falcao and Rodrigo Soares

12837: On the Determinants of Mortality Reductions in the Developing World

Rodrigo Soares

12836: Altruism, Fertility, and the Value of Children: Health Policy Evaluation and Intergenerational Welfare

Javier Birchenall and Rodrigo Soares

12835: Backing, the Quantity Theory, and the Transition to the U.S. Dollar, 1723-1850

Peter Rousseau

12834: The Decline of Defined Benefit Retirement Plans and Asset Flows

James Poterba, Steven Venti and David Wise

12833: Economics and Politics of Alternative Institutional Reforms

Francesco Caselli and Nicola Gennaioli

12832: The Role of School Improvement in Economic Development

Eric Hanushek and Ludger Woessmann

12831: Synthetic Control Methods for Comparative Case Studies: Estimating the Effect of California's Tobacco Control Program

Alberto Abadie, Alexis Diamond and Jens Hainmueller

12830: Estimating Interdependence Between Health and Education in a Dynamic Model

Li Gan and Guan Gong

12829: International Comparisons of R&D Expenditure: Does an R&D PPP Make a Difference?

Sean Dougherty, Robert Inklaar, Robert H. McGuckin and Bart van Ark

12828: How and Why do Teacher Credentials Matter for Student Achievement?

Charles Clotfelter, Helen Ladd and Jacob Vigdor

12827: Self-Protection and Insurance with Interdependencies

Alexander Muermann and Howard Kunreuther

12826: Why are Buyouts Levered: The Financial Structure of Private Equity Funds

Ulf Axelson, Per Stromberg and Michael Weisbach

12825: Striking at the Roots of Crime: The Impact of Social Welfare Spending on Crime During the Great Depression

Ryan S. Johnson, Shawn Kantor and Price Fishback

12824: Sticky Prices and Monetary Policy: Evidence from Disaggregated U.S. Data

Jean Boivin, Marc Giannoni and Ilian Mihov

12823: Birds of a Feather - Better Together? Exploring the Optimal Spatial Distribution of Ethnic Inventors

Ajay Agrawal, Devesh Kapur and John McHale

12822: Debt and the Effects of Fiscal Policy

Carlo Favero and Francesco Giavazzi

12821: Climate Change, Insurability of Large-scale Disasters and the Emerging Liability Challenge

Howard C. Kunreuther and Erwann Michel-Kerjan

12820: Mandated Health Insurance Benefits and the Utilization and Outcomes of Infertility Treatments

M. Kate Bundorf, Melinda Henne and Laurence Baker

12819: Do U.S. Firms Have the Best Corporate Governance? A Cross-Country Examination of the Relation between Corporate Governance and Shareholder Wealth

Reena Aggarwal, Isil Erel, René Stulz and Rohan Williamson

12818: Outsourcing Tariff Evasion: A New Explanation for Entrepot Trade

Raymond Fisman, Peter Moustakerski and Shang-Jin Wei

12817: Test-Based Accountability and Student Achievement: An Investigation of Differential Performance on NAEP and State Assessments

Brian A. Jacob

12816: Trade in Business Services in General Equilibrium

James Markusen and Bridget Strand

12815: The Return to Knowledge Hierarchies

Luis Garicano and Thomas N. Hubbard

12814: Predictive Systems: Living with Imperfect Predictors

Lubos Pastor and Robert Stambaugh

12813: The Economics of Hurricanes in the United States

William Nordhaus

12812: Restructuring Research: Communication Costs and the Democratization of University Innovation

Ajay Agrawal and Avi Goldfarb

12811: Lucky Directors

Lucian Bebchuk, Yaniv Grinstein and Urs Peyer

12810: Money Illusion and Housing Frenzies

Markus Brunnermeier and Christian Julliard