NBER Working Papers

From National Bureau of Economic Research, Inc
National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A..
Contact information at EDIRC.
Bibliographic data for series maintained by ().

Access Statistics for this working paper series.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

12134: The Thick Market Effect on Housing Markets Transactions

Li Gan and Qinghua Zhang

12133: A Political Economy Theory of the Soft Budget Constraint

James Robinson and Ragnar Torvik

12132: Antitrust in the Not-For-Profit Sector

Tomas Philipson and Richard Posner

12131: Complementarities in Automobile Production

Johannes Van Biesebroeck

12130: Does Neoclassical Theory Account for the Effects of Big Fiscal Shocks? Evidence From World War II

Ellen McGrattan and Lee Ohanian

12129: Zombie Lending and Depressed Restructuring in Japan

Ricardo Caballero, Takeo Hoshi and Anil Kashyap

12128: Why Does Democracy Need Education?

Edward Glaeser, Giacomo Ponzetto and Andrei Shleifer

12127: Institutional Weakness and Stock Price Volatility

Galina Hale, Assaf Razin and Hui Tong

12126: Empirical Models of Auctions

Susan Athey and Philip Haile

12125: On the Theory of Ethnic Conflict

Francesco Caselli and Wilbur Coleman

12124: Why Do Europeans Smoke More than Americans?

David Cutler and Edward Glaeser

12123: The Effects of Retirement on Physical and Mental Health Outcomes

Dhaval Dave, Inas Rashad and Jasmina Spasojevic

12122: Why China is Likely to Achieve its Growth Objectives

Robert Fogel

12121: Distribution Margins, Imported Inputs, and the Sensitivity of the CPI to Exchange Rates

Linda Goldberg and Jose Campa

12120: The Impact of New Laboratory Procedures and Other Medical Innovations on the Health of Americans, 1990-2003: Evidence from Longitudinal, Disease-Level Data

Frank Lichtenberg

12119: Exploring Links Between Innovation and Diffusion: Adoption of NOx Control Technologies at U.S. Coal-Fired Power Plants

David Popp

12118: The Greenspan Era: Discretion, Rather Than Rules

Benjamin M. Friedman

12117: Exchange Rate Volatility and Productivity Growth: The Role of Financial Development

Philippe Aghion, Philippe Bacchetta, Romain Ranciere and Kenneth Rogoff

12116: Learning from Other Economies: The Unique Institutional and Policy Experiments Down Under

Richard Freeman

12115: The Narrowing of the U.S. Gender Earnings Gap, 1959-1999: A Cohort-Based Analysis

Catherine Weinberger and Peter Kuhn

12114: Prison-Based Education and Re-Entry into the Mainstream Labor Market

John Tyler and Jeffrey Kling

12113: Effects of Title IX and Sports Participation on Girls' Physical Activity and Weight

Robert Kaestner and Xin Xu

12112: Testing for Asymmetric Information Using 'Unused Observables' in Insurance Markets: Evidence from the U.K. Annuity Market

Amy Finkelstein and James Poterba

12111: Deprivation and Disease in Early Twentieth-Century America

Karen Clay and Werner Troesken

12110: Sick of Local Government Corruption? Vote Islamic

J. Vernon Henderson and Ari Kuncoro

12109: Reconciling the Return Predictability Evidence

Martin Lettau and Stijn Van Nieuwerburgh

12108: Persistence of Power, Elites and Institutions

Daron Acemoglu and James Robinson

12107: Pay for Short-Term Performance: Executive Compensation in Speculative Markets

Patrick Bolton, Jose Scheinkman and Wei Xiong

12106: Migration and Hedonic Valuation: The Case of Air Quality

Patrick Bayer, Nathaniel Keohane and Christopher Timmins

12105: Public Health Insurance, Program Take-Up, and Child Health

Anna Aizer

12104: Taxes and Growth in a Financially Underdeveloped Country: Evidence from the Chilean Investment Boom

Chang-Tai Hsieh and Jonathan Parker

12103: Dynamic Scoring: Alternative Financing Schemes

Eric Leeper and Shu-Chun Yang

12102: A Healthy Economy Can Break Your Heart

Christopher Ruhm

12101: Phoenix Miracles in Emerging Markets: Recovering without Credit from Systemic Financial Crises

Guillermo Calvo, Alejandro Izquierdo and Ernesto Talvi

12100: A Dynamic Theory of Public Spending, Taxation and Debt

Marco Battaglini and Stephen Coate

12099: Political Conflict and Power-sharing in the Origins of Modern Colombia

Sebastián Mazzuca and James Robinson

12098: Testing Portfolio Efficiency with Conditioning Information

Wayne Ferson and Andrew F. Siegel

12097: Friend or Foe? A Natural Experiment of the Prisoner's Dilemma

John List

12096: The Impact of Antihypertensive Drugs on the Number and Risk of Death, Stroke and Myocardial Infarction in the United States

Genia Long, David Cutler, Ernst R. Berndt, Jimmy Royer, Andrée-Anne Fournier, Alicia Sasser and Pierre Cremieux

12095: Sticky Borders

Gita Gopinath and Roberto Rigobon

12094: Innovation, Competition and Welfare-Enhancing Monopoly

Michael Darby and Lynne Zucker

12093: Rent Preservation and the Persistence of Underdevelopment

Raghuram Rajan

12092: War in Iraq versus Containment

Steven Davis, Kevin Murphy and Robert Topel

12091: Trade, FDI, and the Organization of Firms

Elhanan Helpman

12090: Is There Hedge Fund Contagion?

Nicole M. Boyson, Christof W. Stahel and René Stulz

12089: Monetary and Fiscal Theories of the Price Level: The Irreconcilable Differences

Bennett McCallum and Edward Nelson

12088: Making it in America: Social Mobility in the Immigrant Population

George Borjas

12087: Financial Constraints, Asset Tangibility, and Corporate Investment

Heitor Almeida and Murillo Campello

12086: The Effects of Tort Reform on Medical Malpractice Insurers' Ultimate Losses

Patricia Born, W Viscusi and Tom Baker

12085: Immigration in High-Skill Labor Markets: The Impact of Foreign Students on the Earnings of Doctorates

George Borjas

12084: Agency-Based Asset Pricing

Gary Gorton and Ping He

12083: Prediction Markets in Theory and Practice

Justin Wolfers and Eric Zitzewitz

12082: Measuring Trends in Leisure: The Allocation of Time Over Five Decades

Mark Aguiar and Erik Hurst

12081: The Depressing Effect of Agricultural Institutions on the Prewar Japanese Economy

Fumio Hayashi and Edward Prescott

12080: Insurance and Incentives for Medical Innovation

Alan M. Garber, Charles Jones and Paul Romer

12079: Why Have Business Cycle Fluctuations Become Less Volatile?

Andres Arias, Gary Hansen and Lee Ohanian

12078: Racial Segregation and the Black-White Test Score Gap

David Card and Jesse Rothstein

12077: Post-Secondary Education and Increasing Wage Inequality

Thomas Lemieux

12076: Discretionary Policy and Multiple Equilibria

Robert King

12075: Asset Prices When Agents are Marked-to-Market

Gary Gorton, Ping He and Lixin Huang

12074: Are Prudential Supervision and Regulation Pillars of Financial Stability? Evidence from the Great Depression

Kris James Mitchener

12073: Partisan Impacts on the Economy: Evidence from Prediction Markets and Close Elections

Erik Snowberg, Justin Wolfers and Eric Zitzewitz

12072: Recent Chinese Buyout Activity and the Implications for Global Architecture

Agata Antkiewicz and John Whalley

12071: Employee Screening: Theory and Evidence

Fali Huang and Peter Cappelli

12070: Environmental Investment and Policy with Distortionary Taxes and Endogenous Growth

Don Fullerton and Seung-Rae Kim

12069: Looking Beyond TRIA: A Clinical Examination of Potential Terrorism Loss Sharing

Howard Kunreuther and Erwann Michel-Kerjan

12068: CEO Turnover and Relative Performance Evaluation

Dirk Jenter and Fadi Kanaan

12067: A Bound on Risk Aversion Using Labor Supply Elasticities

Raj Chetty

12066: Testing for Racial Differences in the Mental Ability of Young Children

Roland Fryer and Steven Levitt

12065: Inside the Black Box of Doctoral Education: What Program Characteristics Influence Doctoral Students' Attrition and Graduation Probabilities?

Ronald Ehrenberg, George Jakubson, Jeffrey Groen, Eric So and Joseph Price

12064: Program Design and Student Outcomes in Graduate Education

Jeffrey Groen, George Jakubson, Ronald Ehrenberg, Scott Condie and Albert Liu

12063: Putting Behavioral Economics to Work: Testing for Gift Exchange in Labor Markets Using Field Experiments

Uri Gneezy and John List

12062: Unhappiness after Hurricane Katrina

Miles Kimball, Helen Levy, Fumio Ohtake and Yoshiro Tsutsui

12061: Taxation

Louis Kaplow

12060: Five Open Questions About Prediction Markets

Justin Wolfers and Eric Zitzewitz

12059: The Making of an Investment Banker: Macroeconomic Shocks, Career Choice, and Lifetime Income

Paul Oyer

12058: The Most Important Works of Art of the Twentieth Century

David Galenson

12057: Some Answers to the Retirement-Consumption Puzzle

Michael Hurd and Susann Rohwedder

12056: Single Parenthood and Childhood Outcomes in the Mid-Nineteenth Century Urban South

Howard Bodenhorn

12055: Estimating and Testing Beta Pricing Models: Alternative Methods and their Performance in Simulations

Jay Shanken and Guofu Zhou

12054: The Economic Costs of the Iraq War: An Appraisal Three Years After the Beginning of the Conflict

Linda Bilmes and Joseph Stiglitz

12053: Competing Approaches to Forecasting Elections: Economic Models, Opinion Polling and Prediction Markets

Andrew Leigh and Justin Wolfers

12052: New Measures of Port Efficiency Using International Trade Data

Bruce Blonigen and Wesley Wilson

12051: Bidding for Incomplete Contracts: An Empirical Analysis

Patrick Bajari, Stephanie Houghton and Steven Tadelis

12050: A Framework for Assessing Corporate Governance Reform

Benjamin Hermalin and Michael Weisbach

12049: Who Adjusts and When? On the Political Economy of Reforms

Alberto Alesina, Silvia Ardagna and Francesco Trebbi

12048: State Age Protection Laws and the Age Discrimination in Employment Act

Joanna Lahey

12047: The Causes of Political Integration: An Application to School Districts

Nora Gordon and Brian Knight

12046: Why Did U.S. Market Hours Boom in the 1990s?

Ellen McGrattan and Edward Prescott

12045: Exports and Slow Economic Growth in the Lower South Region, 1720-1800

Peter C. Mancall, Joshua Rosenbloom and Thomas Weiss

12044: Offshore Financial Centers: Parasites or Symbionts?

Andrew Rose and Mark Spiegel

12043: Urban Poverty, School Attendance, and Adolescent Labor Force Attachment: Some Historical Evidence

Howard Bodenhorn

12042: Investment Under Uncertainty and Time-Inconsistent Preferences

Steven R. Grenadier and Neng Wang

12041: Sorting, Prices, and Social Preferences

Edward Lazear, Ulrike Malmendier and Roberto Weber

12040: How Do the Better Educated Do It? Socioeconomic Status and the Ability to Cope with Underlying Impairment

David Cutler, Mary Beth Landrum and Kate A. Stewart

12039: PublicationHarvester: An Open-Source Software Tool for Science Policy Research

Pierre Azoulay, Andrew Stellman and Joshua Graff Zivin

12038: Economic Transformation, Population Growth and the Long-Run World Income Distribution

Marcos Chamon and Michael Kremer

12037: Special Interest Groups and the Allocation of Public Funds

Monica Singhal

12036: Housing, Consumption, and Asset Pricing

Monika Piazzesi, Martin Schneider and Selale Tuzel

12035: Legal-Political Factors and the Historical Evolution of the Finance-Growth Link

Michael Bordo and Peter Rousseau