NBER Working Papers

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12960: Schools and Location: Tiebout, Alonso, and Government Policy

Eric Hanushek and Kuzey Yilmaz

12959: A Theory of Liquidity and Regulation of Financial Intermediation

Emmanuel Farhi, Mikhail Golosov and Aleh Tsyvinski

12958: Projecting Behavioral Responses to the Next Generation of Retirement Policies

Alan Gustman and Thomas Steinmeier

12957: Inflation Illusion, Credit, and Asset Pricing

Monika Piazzesi and Martin Schneider

12956: Immigrants' Complementarities and Native Wages: Evidence from California

Giovanni Peri

12955: Is Urban Decay Bad? Is Urban Revitalization Bad Too?

Jacob Vigdor

12954: Why Is The Developed World Obese?

Sara Bleich, David Cutler, Christopher Murray and Alyce Adams

12953: The Influence of Actual and Unrequited Interventions

Kathryn Dominguez and Freyan Panthaki

12952: A Lobbying Approach to Evaluating the Sarbanes-Oxley Act of 2002

Yael V. Hochberg, Paola Sapienza and Annette Vissing-Jorgensen

12951: Worker Sorting, Compensating Differentials and Health Insurance: Evidence from Displaced Workers

Steven Lehrer and Nuno Sousa Pereira

12950: Firm Heterogeneity and Firm Behavior with Conditional Policies

Svetlana Demidova and Kala Krishna

12949: Trade and Trade Policy with Differentiated Products: A Chamberlinian-Ricardian Model: A Comment

Svetlana Demidova and Kala Krishna

12948: Beliefs, Doubts and Learning: Valuing Economic Risk

Lars Hansen

12947: International Evidence on Fiscal Solvency: Is Fiscal Policy "Responsible"?

Enrique Mendoza and Jonathan Ostry

12946: The Welfare State and the Forces of Globalization

Hans-Werner Sinn

12945: Price Stickiness in Ss Models: New Interpretations of Old Results

Ricardo Caballero and Eduardo Engel

12944: Marriage and Divorce: Changes and their Driving Forces

Betsey Stevenson and Justin Wolfers

12943: Accounting for Growth: Comparing China and India

Barry Bosworth and Susan M. Collins

12942: Money in Motion: Dynamic Portfolio Choice in Retirement

Wolfram J. Horneff, Raimond H. Maurer, Olivia Mitchell and Michael Z. Stamos

12941: The Power of Attention: Do Rankings Affect the Financial Resources of Public Colleges?

Ginger Zhe Jin and Alexander Whalley

12940: Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns

Markus Brunnermeier, Christian Gollier and Jonathan Parker

12939: Market Liquidity and Funding Liquidity

Markus Brunnermeier and Lasse Pedersen

12938: Branch Banking as a Device for Discipline: Competition and Bank Survivorship During the Great Depression

Mark Carlson and Kris James Mitchener

12937: The Valuation Channel of External Adjustment

Fabio Ghironi, Jaewoo Lee and Alessandro Rebucci

12936: Stocks as Lotteries: The Implications of Probability Weighting for Security Prices

Nicholas Barberis and Ming Huang

12935: Is Well-being U-Shaped over the Life Cycle?

David Blanchflower and Andrew Oswald

12934: Hypertension and Happiness across Nations

David Blanchflower and Andrew Oswald

12933: The Crash of 1882, Counterparty Risk, and the Bailout of the Paris Bourse

Eugene White

12932: Building Criminal Capital behind Bars: Peer Effects in Juvenile Corrections

Patrick Bayer, Randi Hjalmarsson and David Pozen

12931: Methodological Frontiers of Public Finance Field Experiments

Jeffrey Kling

12930: The Term Structure of Real Rates and Expected Inflation

Andrew Ang, Geert Bekaert and Min Wei

12929: Cycling: An Increasingly Untouched Source of Physical and Mental Health

Inas Rashad

12928: Who Were the Greatest Women Artists of the Twentieth Century? A Quantitative Investigation

David Galenson

12927: Estimating Trade Flows: Trading Partners and Trading Volumes

Elhanan Helpman, Marc Melitz and Yona Rubinstein

12926: Child Labor

Eric Edmonds

12925: Current Account Deficits in Rich Countries

Olivier Blanchard

12924: E-ZTax: Tax Salience and Tax Rates

Amy Finkelstein

12923: Deferred Tax Positions and Incentives for Corporate Behavior Around Corporate Tax Changes

James Poterba, Nirupama Rao and Jeri Seidman

12922: Do Voters Vote Sincerely?

Arianna Degan and Antonio Merlo

12921: Political Careers or Career Politicians?

Andrea Mattozzi and Antonio Merlo

12920: Mediocracy

Andrea Mattozzi and Antonio Merlo

12919: Seigniorage

Willem Buiter

12918: Activity-Based Valuation of Bank Holding Companies

Charles Calomiris and Doron Nissim

12917: Occupational Choice and the Spirit of Capitalism

Matthias Doepke and Fabrizio Zilibotti

12916: The Returns to Currency Speculation in Emerging Markets

Craig Burnside, Martin Eichenbaum and Sergio Rebelo

12915: Does a Higher Minimum Wage Enhance the Effectiveness of The Earned Income Tax Credit?

David Neumark and William Wascher

12914: The Trade Reducing Effects of Market Power in International Shipping

David Hummels, Volodymyr Lugovskyy and Alexandre Skiba

12913: Overruling and the Instability of Law

Nicola Gennaioli and Andrei Shleifer

12912: Investor Information, Long-Run Risk, and the Term Structure of Equity

Mariano Croce, Martin Lettau and Sydney Ludvigson

12911: Public Action for Public Goods

Abhijit Banerjee, Lakshmi Iyer and Rohini Somanathan

12910: Attack Assignments in Terror Organizations and The Productivity of Suicide Bombers

Efraim Benmelech and Claude Berrebi

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