NBER Working Papers

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31727: From Happiness Data to Economic Conclusions

Daniel Benjamin, Kristen Cooper, Ori Heffetz and Miles Kimball

31726: Time Preferences and Food Choice

Andy Brownback, Alex Imas and Michael Kuhn

31725: The Minimum Wage and Inequality Between Groups

Francine Blau, Isaac Cohen, Matthew L. Comey, Lawrence Kahn and Nikolai Boboshko

31724: Centralization and Organization Reproduction: Ethnic Innovation in R&D Centers and Satellite Locations

William Kerr

31723: Economic Consequences of a Regime Change: Overview

Assaf Razin and Efraim Sadka

31722: Bonus Question: How Does Flexible Incentive Pay Affect Wage Rigidity?

Meghana Gaur, John R. Grigsby, Jonathon Hazell and Abdoulaye Ndiaye

31721: Credit Supply Shocks and Firm Dynamics: Evidence from Brazil

Samuel Bazzi, Marc-Andreas Muendler, Raquel F. Oliveira and James Rauch

31720: Cash Transfers and Social Preferences of Children

Johannes Haushofer, Magdalena Larreboure, Sara Lowes and Leon Mait

31719: High-Dimensional Factor Models and the Factor Zoo

Martin Lettau

31718: Science, Philanthropy, and American Leadership

Robert W. Conn, Peter F. Cowhey, Joshua Graff Zivin and Christopher L. Martin

31717: Welfare Accounting

Eduardo Davila and Andreas Schaab

31716: The International Monetary System and International Financial System as an Analogy to the Copernican Heliocentric system: A simple multi-layers network model with simultaneous regime changes

Michael Bordo and Cécile Bastidon

31715: Drivers of Change: How Intra-household Preferences Shape Employment Responses to Gender Reform

Chaza Abou Daher, Erica M. Field, Kendal M. Swanson and Kate Vyborny

31714: Induced Innovation, Inventors, and the Energy Transition

Eugenie Dugoua and Todd Gerarden

31713: Institutional Drift, Property Rights, and Economic Development: Evidence from Historical Treaties

Donna Feir, Rob Gillezeau and Maggie Jones

31712: Education Gradients in Parental Time Investment and Subjective Well-being

Ariel Kalil, Susan Mayer, William Delgado and Lisa A. Gennetian

31711: Illiquid Lemon Markets and the Macroeconomy

Aimé Bierdel, Andres Drenik, Juan Herreño and Pablo Ottonello

31710: Minimum Lot Size Restrictions: Impacts on Urban Form and House Price at the Border

Joseph Gyourko and Sean McCulloch

31709: Impulse Response Functions for Self-Exciting Nonlinear Models

Neville Francis, Michael Owyang and Daniel Soques

31708: Structural Transformation and Value Change: The British Abolitionist Movement

Valentín Figueroa and Vasiliki Fouka

31707: Utility and Happiness

Miles Kimball and Robert J. Willis

31706: The Importance of a Helping Hand in Education and in Life

Francisco Gallego, Philip Oreopoulos and Noah Spencer

31705: Procurement and Infrastructure Costs

Zachary Liscow, Will Nober and Cailin Slattery

31704: Going the Extra Mile: Farm Subsidies and Spatial Convergence in Agricultural Input Adoption

Naresh Kumar, Rolly Kapoor, Shilpa Aggarwal, Dahyeon Jeong, David Sungho Park, Jonathan Robinson and Alan Spearot

31703: Technological Rivalry and Optimal Dynamic Policy in an Open Economy

Yan Bai, Keyu Jin and Dan Lu

31702: Implications of the Decline in LGBT Rights for Population Mental Health: Evidence from Polish “LGBT-free zones”

Chad Meyerhoefer, Bingjin Xue and Anna Poznańska

31701: Moral Boundaries

Benjamin Enke

31700: Reluctant Entrepreneurs: Evidence from China’s SOE Reform

Hanming Fang, Ming Li, Zenan Wu and Yapei Zhang

31699: The Effect of Multitasking on Educational Outcomes and Academic Dishonesty

Victor Lavy

31698: Monetary Policy and Innovation

Yueran Ma and Kaspar Zimmermann

31697: You Can Lead a Horse to Water: Spatial Learning and Path Dependence in Consumer Search

Charles Hodgson and Gregory Lewis

31696: Mobile Money, Interoperability, and Financial Inclusion

Markus Brunnermeier, Nicola Limodio and Lorenzo Spadavecchia

31695: Intergenerational Mobility of Daughters and Marital Sorting: New Evidence from Imperial China

Wolfgang Keller and Carol H. Shiue

31694: High-Quality Early-Childhood Education at Scale: Evidence from a Multisite Randomized Trial

William Dougan, Jorge Luis Garcia and Illia Polovnikov

31693: The Reserve Supply Channel of Unconventional Monetary Policy

William Diamond, Zhengyang Jiang and Yiming Ma

31692: Consumer Surveillance and Financial Fraud

Bo Bian, Michaela Pagel, Huan Tang and Devesh Raval

31691: Provider Payment Incentives: Evidence From The U.S. Hospice Industry

Norma Coe and David A. Rosenkranz

31690: Can Patience Account for Subnational Differences in Student Achievement? Regional Analysis with Facebook Interests

Eric Hanushek, Lavinia Kinne, Pietro Sancassani and Ludger Woessmann

31689: Complexity in Factor Pricing Models

Antoine Didisheim, Shikun (Barry) Ke, Bryan T. Kelly and Semyon Malamud

31688: Zero-sum Thinking and the Roots of US Political Differences

Sahil Chinoy, Nathan Nunn, Sandra Sequeira and Stefanie Stantcheva

31687: Forward Return Expectations

Mihir Gandhi, Niels Gormsen and Eben Lazarus

31686: The Evolution of Work from Home

Jose Maria Barrero, Nicholas Bloom and Steven Davis

31685: The State Capacity Ceiling on Tax Rates: Evidence from Randomized Tax Abatements in the DRC

Augustin Bergeron, Gabriel Tourek and Jonathan L. Weigel

31684: The Labor Market Consequences of Heat Exposure During Pregnancy

Xuwen Gao, Ran Song, Christopher Timmins and Fang Xia

31683: Heterogeneous Real Estate Agents and the Housing Cycle

Sophia Gilbukh and Paul Goldsmith-Pinkham

31682: Selection into Financial Education and Effects on Portfolio Choice

Irina Gemmo, Pierre-Carl Michaud and Olivia Mitchell

31681: Mistrust, Misperception, and Misunderstanding: Imperfect Information and Conflict Dynamics

Daron Acemoglu and Alexander Wolitzky

31680: Estimating the Effects of Government Spending Through the Production Network

Alessandro Barattieri, Matteo Cacciatore and Nora Traum

31679: Generation Next: Experimentation with AI

Gary Charness, Brian Jabarian and John List

31678: Police Discretion and Public Safety

Felipe M. Gonçalves and Steven Mello

31677: Quantifying Lottery Choice Complexity

Benjamin Enke and Cassidy Shubatt

31676: Exporting the Surveillance State via Trade in AI

Martin Beraja, Andrew Kao, David Yang and Noam Yuchtman

31675: From Retributive to Restorative: An Alternative Approach to Justice in Schools

Anjali Adukia, Benjamin Feigenberg and Fatemeh Momeni

31674: Economic Decision-Making Skill Predicts Income in Two Countries

Andrew Caplin, David Deming, Søren Leth-Petersen and Ben Weidmann

31673: Externalities from Medical Innovation: Evidence from Organ Transplantation

Kevin Callison, Michael Darden and Keith Teltser

31672: Households' Response to the Wealth Effects of Inflation

Philip Schnorpfeil, Michael Weber and Andreas Hackethal

31671: Breakthroughs in Historical Record Linking Using Genealogy Data: The Census Tree Project

Kasey Buckles, Adrian Haws, Joseph Price and Haley E.B. Wilbert

31670: The Digital Welfare of Nations: New Measures of Welfare Gains and Inequality

Erik Brynjolfsson, Avinash Collis, Asad Liaqat, Daley Kutzman, Haritz Garro, Daniel Deisenroth, Nils Wernerfelt and Jae Joon Lee

31669: The Intergenerational Transmission of Housing Wealth

N. Meltem Daysal, Michael Lovenheim and David Wasser

31668: Incentivizing Innovation in Open Source: Evidence from the GitHub Sponsors Program

Annamaria Conti, Vansh Gupta, Jorge Guzman and Maria P. Roche

31667: Ending Pay for PBM Performance: Consequences for Prescription Drug Prices, Utilization, and Government Spending

Casey Mulligan

31666: How Credible is the Credibility Revolution?

Kevin Lang

31665: Wage and Earnings Inequality Between and Within Occupations: The Role of Labor Supply

Andres Erosa, Luisa Fuster, Gueorgui Kambourov and Richard Rogerson

31664: Portfolio Management in Private Equity

Gregory W. Brown, Celine Yue Fei and David Robinson

31663: Zero-Sum Environments, the Evolution of Effort-Suppressing Beliefs, and Economic Development

Augustin Bergeron, Jean-Paul Carvalho, Joseph Henrich, Nathan Nunn and Jonathan L. Weigel

31662: A Theory of Trade Policy Transitions

T. Renee Bowen, J. Lawrence Broz and B. Rosendorff

31661: Global Supply Chains: The Looming “Great Reallocation”

Laura Alfaro and Davin Chor

31660: Limits to Competition: Strategies for Promoting Jurisdictional Cooperation

David Agrawal

31659: Large Shocks Travel Fast

Alberto Cavallo, Francesco Lippi and Ken Miyahara

31658: Quantifying Climate Change Loss and Damage Consistent with a Social Cost of Greenhouse Gases

Marshall Burke, Mustafa Zahid, Noah Diffenbaugh and Solomon M. Hsiang

31657: Climate Change, Directed Innovation, and Energy Transition: The Long-run Consequences of the Shale Gas Revolution

Daron Acemoglu, Philippe Aghion, Lint Barrage and David Hemous

31656: Composite Sorting

Job Boerma, Aleh Tsyvinski, Ruodu Wang and Zhenyuan Zhang

31655: 'We Are Not Guinea Pigs’: The Effects of Disclosure of Medical Misconduct on Vaccine Compliance

Belinda Archibong and Francis Annan

31654: The Importance of Sound Monetary Policy: Some Lessons for Today from Canada’s Experience with Floating Exchange Rates Since 1950

Michael Bordo and Pierre Siklos

31653: Contexts of Convenience: Generalizing from Published Evaluations of School Finance Policies

Danielle V. Handel and Eric Hanushek

31652: Price Discrimination and Mortgage Choice

Jamie Coen, Anil Kashyap and May Rostom

31651: A Cognitive View of Policing

Oeindrila Dube, Sandy Jo MacArthur and Anuj K. Shah

31650: Game, Sweat, Match: Temperature and Elite Worker Productivity

Marshall Burke, Vincent Tanutama, Sam Heft-Neal, Miyuki Hino and David Lobell

31649: The Child Penalty Atlas

Henrik Kleven, Camille Landais and Gabriel Leite-Mariante

31648: The Outlook for Long-Term Economic Growth

Charles Jones

31647: Stress Testing Structural Models of Unobserved Heterogeneity: Robust Inference on Optimal Nonlinear Pricing

Aaron L. Bodoh-Creed, Brent R. Hickman, John List, Ian Muir and Gregory K. Sun

31646: Regulatory Arbitrage or Random Errors? Implications of Race Prediction Algorithms in Fair Lending Analysis

Daniel Greenwald, Sabrina T. Howell, Cangyuan Li and Emmanuel Yimfor

31645: Committing to Grow: Privatizations and Firm Dynamics in East Germany

Ufuk Akcigit, Harun Alp, André Diegmann (geb. Nolte) and Nicolas Serrano-Velarde

31644: Keep Calm and Bank On: Panic-Driven Bank Runs and the Role of Public Communication

Damiano Sandri, Francesco Grigoli, Yuriy Gorodnichenko and Olivier Coibion

31643: Encouraging Preventative Care to Manage Chronic Disease at Scale

Claire E. Boone, Pablo Celhay, Paul Gertler and Tadeja Gracner

31642: The Fast, the Slow, and the Congested: Urban Transportation in Rich and Poor Countries

Prottoy Akbar, Victor Couture, Gilles Duranton and Adam Storeygard

31641: The Limits of Educational Attainment in Mitigating Occupational Segregation Between Black and White Workers

Ashley Jardina, Peter Q. Blair, Justin Heck and Papia Debroy

31640: Target Date Funds as Asset Market Stabilizers: Evidence from the Pandemic

Jonathan Parker and Yang Sun

31639: Insuring those Who Bear the Risk: The Impact of Gender-inclusive Insurance in Kenya

Julian Arteaga, Michael Carter and Andrew Hobbs

31638: The Value of Communication for Mental Health

Francis Annan and Belinda Archibong

31637: Prison Labor: The Price of Prisons and the Lasting Effects of Incarceration

Belinda Archibong and Nonso Obikili

31636: Voting Choice

Andrey Malenko and Nadya Malenko

31635: Judging Banks’ Risk by the Profits They Report

Ben Meiselman, Stefan Nagel and Amiyatosh Purnanandam

31634: The Effect of Immigration Policy on Founding Location Choice: Evidence from Canada's Start-up Visa Program

Saerom (Ronnie) Lee and Britta Glennon

31633: Corporate Social Responsibility and Voting over Public Goods

Andrew Samwick and Sophie Wang

31632: Hidden Figures: Uncovering Quantities Behind Zeros with Econometrics

Anirban Basu

31631: How People Use Statistics

Pedro Bordalo, John J. Conlon, Nicola Gennaioli, Spencer Yongwook Kwon and Andrei Shleifer

31630: Show Me the Money! Incentives and Nudges to Shift Electric Vehicle Charge Timing

Megan R. Bailey, David Brown, Blake Shaffer and Frank A. Wolak

31629: Welfare Estimates of Shifting Peak Travel

Robert W. Hahn, Robert Metcalfe and Eddy Tam

31628: Retirement Consumption and Pension Design

Jonas Kolsrud, Camille Landais, Daniel Reck and Johannes Spinnewijn