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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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11860: Can the European Community Afford to Neglect the Need for More Accountable Safety-Net Management? Downloads
Edward Kane
11859: The Generational Divide in Support for Environmental Policies: European Evidence Downloads
Joni Hersch and W Viscusi
11858: Simulating the Dynamic Macroeconomic and Microeconomic Effects of the FairTax Downloads
Sabine Jokisch and Laurence Kotlikoff
11857: Myths and Realities of American Political Geography Downloads
Edward Glaeser and Bryce Ward
11856: Monetary Policy in a Changing International Environment: The Role of Global Capital Flows Downloads
Martin Feldstein
11855: The Impact of Provider Choice on Workers' Compensation Costs and Outcomes Downloads
David Neumark, Peter S. Barth and Richard Victor
11854: Optimal Inflation Stabilization in a Medium-Scale Macroeconomic Model Downloads
Stephanie Schmitt-Grohe and Martín Uribe
11853: Three Current Account Balances: A "Semi-Structuralist" Interpretation Downloads
Menzie Chinn and Jaewoo Lee
11852: Platform Owner Entry and Innovation in Complementary Markets: Evidence from Intel Downloads
Annabelle Gawer and Rebecca Henderson
11851: Limits of Arbitrage: Theory and Evidence from the Mortgage-Backed Securities Market Downloads
Xavier Gabaix, Arvind Krishnamurthy and Olivier Vigneron
11850: Aging, Pension Reform, and Capital Flows: A Multi-Country Simulation Model Downloads
Axel Boersch-Supan, Alexander Ludwig and Joachim Winter
11849: Inertia and Incentives: Bridging Organizational Economics and Organizational Theory Downloads
Rebecca Henderson and Sarah Kaplan
11848: Search Profiling with Partial Knowledge of Deterrence Downloads
Charles Manski
11847: Competition in Large Markets Downloads
Jeffrey Campbell
11846: Improving the Performance of the Education Sector: The Valuable, Challenging, and Limited Role of Random Assignment Evaluations Downloads
Richard Murnane and Richard Nelson
11845: Equilibrium Bias of Technology Downloads
Daron Acemoglu
11844: How Changes in Entry Requirements Alter the Teacher Workforce and Affect Student Achievement Downloads
Donald Boyd, Pamela Grossman, Hamilton Lankford, Susanna Loeb and James Wyckoff
11843: Demand-Based Option Pricing Downloads
Nicolae Garleanu, Lasse Pedersen and Allen M. Poteshman
11842: Where Did the Productivity Growth Go? Inflation Dynamics and the Distribution of Income Downloads
Ian Dew-Becker and Robert Gordon
11841: The Myth of Long-Horizon Predictability Downloads
Jacob Boudoukh, Matthew Richardson and Robert Whitelaw
11840: The Information in Long-Maturity Forward Rates: Implications for Exchange Rates and the Forward Premium Anomaly Downloads
Jacob Boudoukh, Matthew Richardson and Robert Whitelaw
11839: Firm Fragmentation and Urban Patterns Downloads
Esteban Rossi-Hansberg, Pierre Daniel Sarte and Raymond Owens
11838: Persuasion in Finance Downloads
Sendhil Mullainathan and Andrei Shleifer
11837: The Cost of Caring for Young Children Downloads
Dan Rosenbaum and Christopher Ruhm
11836: Rising Family Income Inequality in the United States, 1968-2000: Impacts of Changing Labor Supply, Wages, and Family Structure Downloads
Chulhee Lee
11835: New Evidence on the Causal Link Between the Quantity and Quality of Children Downloads
Joshua Angrist, Victor Lavy and Analia Schlosser
11834: Financial System Risk and Flight to Quality Downloads
Ricardo Caballero and Arvind Krishnamurthy
11833: Who's Going Broke? Comparing Growth in Healthcare Costs in Ten OECD Countries Downloads
Christian Hagist and Laurence Kotlikoff
11832: Universal Childcare, Maternal Labor Supply, and Family Well-Being Downloads
Michael Baker, Jonathan Gruber and Kevin Milligan
11831: Comparing Average and Marginal Tax Rates Under the FairTax and the Current System of Federal Taxation Downloads
Laurence Kotlikoff and David Rapson
11830: Do Capital Adequacy Requirements Matter for Monetary Policy? Downloads
Stephen Cecchetti and Lianfi Li
11829: The Effect of Firm-Level Contracts on the Structure of Wages: Evidence from Matched Employer-Employee Data Downloads
David Card and Sara De La Rica
11828: Trade in Ideal Varieties: Theory and Evidence Downloads
David Hummels and Volodymyr Lugovskyy
11827: Modeling the Offshoring of White-Collar Services: From Comparative Advantage to the New Theories of Trade and FDI Downloads
James Markusen
11826: Efficiency and Welfare with Complementarities and Asymmetric Information Downloads
George-Marios Angeletos and Alessandro Pavan
11825: Surviving Andersonville: The Benefits of Social Networks in POW Camps Downloads
Dora Costa and Matthew Kahn
11824: Downside Risk Downloads
Andrew Ang, Joseph Chen and Yuhang Xing
11823: Current Account Deficits in Industrial Countries: The Bigger They are, the Harder They Fall? Downloads
Caroline Freund and Francis Warnock
11822: Insurer-Provider Networks in the Medical Care Market Downloads
Kate Ho
11821: Towards a Theory of Firm Entry and Stabilization Policy Downloads
Paul Bergin and Giancarlo Corsetti
11820: Inattentive Producers Downloads
Ricardo Reis
11819: The Welfare Effects of Restricted Hospital Choice in the US Medical Care Market Downloads
Kate Ho
11818: Medical Expenditure Risk and Household Portfolio Choice Downloads
Dana Goldman and Nicole Maestas
11817: Salary or Benefits? Downloads
Paul Oyer
11816: Cash-Flow Risk, Discount Risk, and the Value Premium Downloads
Tano Santos and Pietro Veronesi
11815: Optimal Monetary and Fiscal Policy in a Currency Union Downloads
Jordi Galí and Tommaso Monacelli
11814: How Big a Problem is Too Big to Fail? Downloads
Frederic Mishkin
11813: Racial Sorting and Neighborhood Quality Downloads
Patrick Bayer and Robert McMillan
11812: How Much is Too Much? The Influence of Preschool Centers on Children's Social and Cognitive Development Downloads
Susanna Loeb, Margaret Bridges, Bruce Fuller, Russ Rumberger and Daphna Bassok
11811: Aching to Retire? The Rise in the Full Retirement Age and its Impact on the Disability Rolls Downloads
Mark Duggan, Perry Singleton and Jae Song
11810: Who Benefits from New Medical Technologies? Estimates of Consumer and Producer Surpluses for HIV/AIDS Drugs Downloads
Tomas Philipson and Anupam Jena
11809: Consumer Benefits from Increased Competition in Shopping Outlets: Measuring the Effect of Wal-Mart Downloads
Jerry Hausman and Ephraim Leibtag
11808: Searching for Better Prospects: Endogenizing Falling Job Tenure and Private Pension Coverage Downloads
Leora Friedberg, Michael Owyang and Tara Sinclair
11807: Well-Being, Social Capital and Public Policy: What's New? Downloads
John Helliwell
11806: Real Wage Rigidities and the New Keynesian Model Downloads
Olivier Blanchard and Jordi Galí
11805: Parental Preferences and School Competition: Evidence from a Public School Choice Program Downloads
Justine Hastings, Thomas J. Kane and Doug Staiger
11804: Market Structure, Outgrower contracs and Farm Output. Evidence from Cotton Reforms in Zambia Downloads
Irene Brambilla and Guido Porto
11803: What Can Rational Investors Do About Excessive Volatility and Sentiment Fluctuations? Downloads
Bernard Dumas, Alexander Kurshev and Raman Uppal
11802: Choice and Competition in Local Education Markets Downloads
Patrick Bayer and Robert McMillan
11801: Information Technology and the Japanese Economy Downloads
Dale Jorgenson and Kazuyuki Motohashi
11800: The Industry Origins of Japanese Economic Growth Downloads
Dale Jorgenson and Koji Nomura
11799: Creative Careers: The Life Cycles of Nobel Laureates in Economics Downloads
Bruce Weinberg and David Galenson
11798: Foreign Subsidization and Excess Capacity Downloads
Bruce Blonigen and Wesley Wilson
11797: Motivations for Public Equity Offers: An International Perspective Downloads
Woojin Kim and Michael Weisbach
11796: From the Cradle to the Labor Market? The Effect of Birth Weight on Adult Outcomes Downloads
Sandra Black, Paul Devereux and Kjell G Salvanes
11795: Stuck on Gold: Real Exchange Rate Volatility and the Rise and Fall of the Gold Standard Downloads
Natalia Chernyshoff, David Jacks and Alan Taylor
11794: The Effect of Randomized School Admissions on Voter Participation Downloads
Justine Hastings, Thomas J. Kane, Doug Staiger and Jeffrey M. Weinstein
11793: An Analysis of the Impact of Affirmative Action Programs on Self-Employment in the Construction Industry Downloads
David Blanchflower and Jon Wainwright
11792: Establishing Credibility: Evolving Perceptions of the European Central Bank Downloads
Linda Goldberg and Michael Klein
11791: Output Costs, Currency Crises, and Interest Rate Defense of a Peg Downloads
Amartya Lahiri and Carlos Vegh
11790: Does Hazardous Waste Matter? Evidence from the Housing Market and the Superfund Program Downloads
Michael Greenstone and Justin Gallagher
11789: Paternalism and Psychology Downloads
Edward Glaeser
11788: Robustness of the Estimates of the Hybrid New Keynesian Phillips Curve Downloads
Jordi Galí, Mark Gertler and David Lopez-Salido
11787: Openness Can be Good for Growth: The Role of Policy Complementarities Downloads
Roberto Chang, Linda Kaltani and Norman Loayza
11786: Pay Inequality, Pay Secrecy, and Effort: Theory and Evidence Downloads
Gary Charness and Peter Kuhn
11785: Evaluation of Currency Regimes: The Unique Role of Sudden Stops Downloads
Assaf Razin and Yona Rubinstein
11784: Two Theories of Money Reconciled: The Colonial Puzzle Revisited with New Evidence Downloads
Farley Grubb
11783: The U.S. Constitution and Monetary Powers: An Analysis of the 1787 Constitutional Convention and Constitutional Transformation of the Nation's Monetary System Emerged Downloads
Farley Grubb
11782: The Effects of Wal-Mart on Local Labor Markets Downloads
David Neumark, Junfu Zhang and Stephen Ciccarella
11781: Liability for Accidents Downloads
Steven Shavell
11780: The Theory of Public Enforcement of Law Downloads
A. Mitchell Polinsky and Steven Shavell
11779: Financial Crises and Political Crises Downloads
Roberto Chang
11778: The 1920s and the 1990s in Mutual Reflection Downloads
Robert Gordon
11777: What Caused the Decline in U.S. Business Cycle Volatility? Downloads
Robert Gordon
11776: A Century of Housing Shelter Prices: Is There a Downward Bias in the CPI? Downloads
Robert Gordon and Todd vanGoethem
11775: Roughing it Up: Including Jump Components in the Measurement, Modeling and Forecasting of Return Volatility Downloads
Torben Andersen, Tim Bollerslev and Francis Diebold
11774: The Complementary Role of Exports and R&D Investments as Sources of Productivity Growth Downloads
Bee Yan Aw, Mark Roberts and Tor Winston
11773: How Does Information Technology Really Affect Productivity? Plant-Level Comparisons of Product Innovation, Process Improvement and Worker Skills Downloads
Ann P. Bartel, Casey Ichniowski and Kathryn Shaw
11772: The Creation of the Rule of Law and the Legitimacy of Property Rights: The Political and Economic Consequences of a Corrupt Privatization Downloads
Karla Hoff and Joseph Stiglitz
11771: Interest Rates, Exchange Rates and International Adjustment Downloads
Michael Dooley, David Folkerts-Landau and Peter Garber
11770: Drug Advertising and Health Habit Downloads
Toshiaki Iizuka and Ginger Zhe Jin
11769: What Defines "News" in Foreign Exchange Markets? Downloads
Kathryn Dominguez and Freyan Panthaki
11768: Electronic Filing, Tax Preparers, and Participation in the Earned Income Tax Credit Downloads
Wojciech Kopczuk and Cristian Pop-Eleches
11767: To Leave or Not To Leave: The Distribution of Bequest Motives Downloads
Wojciech Kopczuk and Joseph Lupton
11766: Unobserved Actions of Mutual Funds Downloads
Marcin Kacperczyk, Clemens Sialm and Lu Zheng
11765: Internet Advertising and the Generalized Second Price Auction: Selling Billions of Dollars Worth of Keywords Downloads
Benjamin Edelman, Michael Ostrovsky and Michael Schwarz
11764: General Equilibrium Analysis of the Eaton-Kortum Model of International Trade Downloads
Fernando Alvarez and Robert Lucas
11763: A Simple Test of Adverse Events and Strategic Timing Theories of Consumer Bankruptcy Downloads
Li Gan and Tarun Sabarwal
11762: Cities and Countries Downloads
Andrew Rose
11761: Current Account Balances, Financial Development and Institutions: Assaying the World "Savings Glut" Downloads
Menzie Chinn and Hiro Ito
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