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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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12709: Who Misvotes? The Effect of Differential Cognition Costs on Election Outcomes Downloads
Kelly Shue and Erzo Luttmer
12708: The "Great Moderation" and the US External Imbalance Downloads
Alessandra Fogli and Fabrizio Perri
12707: What Drives Media Slant? Evidence from U.S. Daily Newspapers Downloads
Matthew Gentzkow and Jesse M. Shapiro
12706: Contracts as Reference Points Downloads
Oliver Hart and John Moore
12705: Basel II: A Contracting Perspective Downloads
Edward Kane
12704: Would Protectionism Defuse Global Imbalances and Spur Economic Activity? A Scenario Analysis Downloads
Hamid Faruqee, Douglas Laxton, Dirk Muir and Paolo Pesenti
12703: Deflationary Shocks and Monetary Rules: an Open-Economy Scenario Analysis Downloads
Douglas Laxton, Papa N'Diaye and Paolo Pesenti
12702: Repugnance as a Constraint on Markets Downloads
Alvin Roth
12701: Bequest and Tax Planning: Evidence From Estate Tax Returns Downloads
Wojciech Kopczuk
12700: Instruments of Commerce and Knowledge: Probe Microscopy, 1980-2000 Downloads
Cyrus C. M. Mody
12699: Pricing-to-Market, the Interest-Rate Rule, and the Exchange Rate Downloads
Maurice Obstfeld
12698: Capital Account Liberalization: Theory, Evidence, and Speculation Downloads
Peter Blair Henry
12697: Is the International Diversification Potential Diminishing? Foreign Equity Inside and Outside the US Downloads
Karen Lewis
12696: Americans' Dependency on Social Security Downloads
Laurence Kotlikoff, Benjamin Marx and Pietro Rizza
12695: The Economics of Conflicts of Interest in Financial Institutions Downloads
Hamid Mehran and Rene M. Stulz
12694: The Evolution of Work Downloads
Markus Mobius and Raphael Schoenle
12693: Educational Mismatch Among Ph.D.s: Determinants and Consequences Downloads
Keith Bender and John Heywood
12692: International Knowledge Flows: Evidence from an Inventor-Firm Matched Data Set Downloads
Jinyoung Kim, Sangjoon John Lee and Gerald Marschke
12691: Does Science Promote Women? Evidence from Academia 1973-2001 Downloads
Donna Ginther and Shulamit Kahn
12690: Vector Multiplicative Error Models: Representation and Inference Downloads
Fabrizio Cipollini, Robert Engle and Giampiero Gallo
12689: AIDS Treatment and Intrahousehold Resource Allocations: Children's Nutrition and Schooling in Kenya Downloads
Joshua Graff Zivin, Harsha Thirumurthy and Markus Goldstein
12688: The Effect of Subjective Survival Probabilities on Retirement and Wealth in the United States Downloads
David Bloom, David Canning, Michael Moore and Younghwan Song
12687: Has Globalization Changed Inflation? Downloads
Laurence Ball
12686: Health Shocks, Village Elections, and Long-Term Income: Evidence from Rural China Downloads
Li Gan, Lixin Xu and Yang Yao
12685: The Optimal Income Taxation of Couples Downloads
Henrik Jacobsen Kleven, Claus Kreiner and Emmanuel Saez
12684: Optimal exchange rate regimes: Turning Mundell-Fleming's dictum on its head Downloads
Amartya Lahiri, Rajesh Singh and Carlos Vegh
12683: The Growing Allocative Inefficiency of the U.S. Higher Education Sector Downloads
James Adams and J. Roger Clemmons
12682: Price Impacts of Deals and Predictability of the Exchange Rate Movements Downloads
Takatoshi Ito and Yuko Hashimoto
12681: Health Insurance as a Two-Part Pricing Contract Downloads
Darius Lakdawalla and Neeraj Sood
12680: Economic Well-Being at Older Ages: Income- and Consumption-Based Poverty Measures in the HRS Downloads
Michael D. Hurd and Susann Rohwedder
12679: Judicial Fact Discretion Downloads
Nicola Gennaioli and Andrei Shleifer
12678: Is Terrorism Eroding Agglomeration Economies in Central Business Districts? Lessons from the Office Real Estate Market in Downtown Chicago Downloads
Alberto Abadie and Sofia Dermisi
12677: World Technology Usage Lags Downloads
Diego Comin, Bart Hobijn and Emilie Rovito
12676: European Pharmaceutical Price Regulation, Firm Profitability, and R&D Spending Downloads
Joseph H. Golec and John A. Vernon
12675: Complex Ownership Structures and Corporate Valuations Downloads
Luc Laeven and Ross Levine
12674: The SES Health Gradient on Both Sides of the Atlantic Downloads
James Banks, Michael Marmot, Zoe Oldfield and James P. Smith
12673: Euros and Zeros: The Common Currency Effect on Trade in New Goods Downloads
Richard Baldwin and Virginia Di Nino
12672: Linear-Quadratic Approximation of Optimal Policy Problems Downloads
Pierpaolo Benigno and Michael Woodford
12671: Testing Models of Low-Frequency Variability Downloads
Ulrich Mueller and Mark Watson
12670: A Search-Based Theory of the On-the-Run Phenomenon Downloads
Dimitri Vayanos and Pierre-Olivier Weill
12669: Minerva Unbound: Knowledge Stocks, Knowledge Flows and New Knowledge Production Downloads
Lynne Zucker, Michael Darby, Jonathan Furner, Robert C. Liu and Hongyan Ma
12668: A Solution to Two Paradoxes of International Capital Flows Downloads
Jiandong Ju and Shang-Jin Wei
12667: Do External Interventions Work? The Case of Trade Reform Conditions in IMF Supported Programs Downloads
Shang-Jin Wei and Zhiwei Zhang
12666: On the Origins of "A Monetary History" Downloads
Hugh Rockoff
12665: Origins and Consequences of Child Labor Restrictions: A Macroeconomic Perspective Downloads
Matthias Doepke and Dirk Krueger
12664: Quality-Consistent Estimates of International Returns to Skill Downloads
Eric A. Hanushek and Lei Zhang
12663: Minimum Wages and Employment: A Review of Evidence from the New Minimum Wage Research Downloads
David Neumark and William Wascher
12662: The Historical Origins of U.S. Exchange Market Intervention Policy Downloads
Michael Bordo, Owen Humpage and Anna J. Schwartz
12661: Anticipating the Stock Market Crash of 1929: The View from the Floor of the Stock Exchange Downloads
Eugene White
12660: Thin-Slice Forecasts of Gubernatorial Elections Downloads
Daniel Benjamin and Jesse M. Shapiro
12659: Simplification and Saving Downloads
John Beshears, James Choi, David Laibson and Brigitte Madrian
12658: Asset Pricing Models with Conditional Betas and Alphas: The Effects of Data Snooping and Spurious Regression Downloads
Wayne Ferson, Sergei Sarkissian and Timothy Simin
12657: Was the Wealth of Nations Determined in 1000 B.C.? Downloads
Diego Comin, William Easterly and Erick Gong
12656: Bankruptcy and Collateral in Debt Constrained Markets Downloads
Timothy Kehoe and David Levine
12655: Is the Eldest Son Different? The Residential Choice of Siblings in Japan Downloads
Midori Wakabayashi and Charles Y. Horioka
12654: Inflation Implications of Rising Government Debt Downloads
Chryssi Giannitsarou and Andrew Scott
12653: Political Competitiveness Downloads
Casey Mulligan and Kevin Tsui
12652: The Effects of Education Quality on Income Growth and Mortality Decline Downloads
Eliot A. Jamison, Dean Jamison and Eric A. Hanushek
12651: School Quality and the Black-White Achievement Gap Downloads
Eric A. Hanushek and Steven Rivkin
12650: Long Term Risk: An Operator Approach Downloads
Lars Peter Hansen and Jose Scheinkman
12649: Why do firms hold so much cash? A tax-based explanation Downloads
C. Fritz Foley, Jay C. Hartzell, Sheridan Titman and Garry Twite
12648: Learning and Disagreement in an Uncertain World Downloads
Daron Acemoglu, Victor Chernozhukov and Muhamet Yildiz
12647: Two Flaws In Business Cycle Accounting Downloads
Lawrence Christiano and Joshua M. Davis
12646: Product Differentiation and Film Programming Choice: Do First-Run Movie Theatres Show the Same Films? Downloads
Darlene C. Chisholm, Margaret McMillan and George Norman
12645: The Economics of Earnings Manipulation and Managerial Compensation Downloads
Keith J. Crocker and Joel Slemrod
12644: Devaluation with Contract Redenomination in Argentina Downloads
Charles Calomiris
12643: Cost-Offsets of New Medications for Treatment of Schizophrenia Downloads
Richard G. Frank, Thomas G. McGuire and Sharon-Lise Normand
12642: Welfare Reform and Indirect Impacts on Health Downloads
Marianne Bitler and Hilary W. Hoynes
12641: Crime and Punishment in the "American Dream" Downloads
Rafael Di Tella and Juan Dubra
12640: University Patenting: Estimating the Diminishing Breadth of Knowledge Diffusion and Consumption Downloads
Carlos Rosell and Ajay Agrawal
12639: Cash-on-Hand and Competing Models of Intertemporal Behavior: New Evidence from the Labor Market Downloads
David Card, Raj Chetty and Andrea Weber
12638: Revealing the Secrets of the Temple: The Value of Publishing Central Bank Interest Rate Projections Downloads
Glenn Rudebusch and John Williams
12637: A New Framework for Analyzing and Managing Macrofinancial Risks of an Economy Downloads
Dale F. Gray, Robert Merton and Zvi Bodie
12636: When Bioterrorism Was No Big Deal Downloads
Patricia E. Beeson and Werner Troesken
12635: Tacit Collusion in the Presence of Cyclical Demand and Endogenous Capacity Levels Downloads
Christopher Knittel and Jason J. Lepore
12634: When is Market Incompleteness Irrelevant for the Price of Aggregate Risk (and when is it not)? Downloads
Dirk Krueger and Hanno Lustig
12633: Illiquid Assets and Optimal Portfolio Choice Downloads
Eduardo S. Schwartz and Claudio Tebaldi
12632: Does Television Cause Autism? Downloads
Michael Waldman, Sean Nicholson and Nodir Adilov
12631: The Impact of Incentives on Human Behavior: Can We Make It Disappear? The Case of the Death Penalty Downloads
Naci Mocan and R. Gittings
12630: On the Heterogeneity of Dowry Motives Downloads
Raj Arunachalam and Trevon Logan
12629: Real Business Cycles in Emerging Countries? Downloads
Javier García-Cicco, Roberto Pancrazi and Martín Uribe
12628: Cramming: The Effects of School Accountability on College-Bound Students Downloads
Colleen Donovan, David Figlio and Mark Rush
12627: Individual Teacher Incentives And Student Performance Downloads
David Figlio and Lawrence Kenny
12626: The Performance of Reverse Leveraged Buyouts Downloads
Jerry Cao and Josh Lerner
12625: On the Existence and Efficiency of Equilibria Under Liability Rules Downloads
Ram Singh
12624: Welfare Reform and Family Expenditures: How are Single Mothers Adapting to the New Welfare and Work Regime? Downloads
Neeraj Kaushal, Qin Gao and Jane Waldfogel
12623: Tradeoffs from Integrating Diagnosis and Treatment in Markets for Health Care Downloads
Christopher C. Afendulis and Daniel P. Kessler
12622: Relationship Banking and the Pricing of Financial Services Downloads
Charles Calomiris and Thanavut Pornrojnangkool
12621: Demographic Change, Social Security Systems, and Savings Downloads
David Bloom, David Canning, Rick Mansfield and Michael Moore
12620: External Imbalances in an Advanced, Commodity-Exporting Country: The Case of New Zealand Downloads
Sebastian Edwards
12619: An Instrumental Variable Evaluation of Antidepressant Use on Employment Among HIV-Infected Women Using Highly-Active Antiretroviral Therapy in the United States: 1996-2004 Downloads
Omar Galarraga, David S. Salkever, Judith A. Cook and Stephen J. Gange
12618: Reservation Wages and Unemployment Insurance Downloads
Robert Shimer and Iván Werning
12617: Regulation - the Corridor to Liberalization: The Experience of the Israeli Phone Market 1984-2005 Downloads
Reuben Gronau
12616: A Simple Test of the Effect of Interest Rate Defense Downloads
Allan Drazen and Stefan Hubrich
12615: Time Preference, Time Discounting, and Smoking Decisions Downloads
Ahmed Khwaja, Dan Silverman and Frank Sloan
12614: Bubbles and Self-Enforcing Debt Downloads
Christian Hellwig and Guido Lorenzoni
12613: British Colonial Institutions and Economic Development in India Downloads
Shilpi Kapur and Sukkoo Kim
12612: Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market Downloads
Atif Mian and Asim Khwaja
12611: Evaluating the Economic Significance of Downward Nominal Wage Rigidity Downloads
Michael Elsby
12610: Lost Decades: Lessons from Post-Independence Latin America for Today's Africa Downloads
Robert Bates, John H. Coatsworth and Jeffrey Williamson
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