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.
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- 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
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