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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- 10880: R&D Subsidies and Climate Policy: Is There a "Free Lunch"?

- David Popp
- 10879: Educational Opportunity and Income Inequality

- Paul Willen, Igal Hendel and Joel Shapiro
- 10878: Two Decades of Japanese Monetary Policy and the Deflation Problem

- Takatoshi Ito and Frederic Mishkin
- 10877: Product Quality, Linder, and the Direction of Trade

- Juan Hallak
- 10876: Minimum Hours Constraints, Job Requirements and Retirement

- Alan Gustman and Thomas L. Steinmeier
- 10875: Standing on Academic Shoulders: Measuring Scientific Influence in Universities

- James Adams, J. Roger Clemmons and Paula Stephan
- 10874: Piracy on the High C's: Music Downloading, Sales Displacement, and Social Welfare in a Sample of College Students

- Rafael Rob and Joel Waldfogel
- 10873: From Home to Hospital: The Evolution of Childbirth in the United States, 1927-1940

- Melissa Thomasson and Jaret Treber
- 10872: Acquiring Control in Emerging Markets: Evidence from the Stock Market

- Anusha Chari, Paige P. Ouimet and Linda Tesar
- 10871: Tiebout Sorting, Social Multipliers and the Demand for School Quality

- Patrick Bayer, Fernando Ferreira and Robert McMillan
- 10870: Policy Watch: Challenges for Terrorism Risk Insurance in the United States

- Howard Kunreuther and Erwann Michel-Kerjan
- 10869: The Unsustainable US Current Account Position Revisited

- Maurice Obstfeld and Kenneth Rogoff
- 10868: Autopsy on an Empire: Understanding Mortality in Russia and the Former Soviet Union

- Elizabeth Brainerd and David Cutler
- 10867: Theoretical Foundations of Buffer Stock Saving

- Christopher Carroll
- 10866: Estimating Real Production and Expenditures Across Nations: A Proposal for Improving the Penn World Tables

- Robert Feenstra, Alan Heston, Marcel Timmer and Haiyan Deng
- 10865: An Equilibrium Model of Sorting in an Urban Housing Market

- Patrick Bayer, Robert McMillan and Kim Rueben
- 10864: Fixed Costs and FDI: The Conflicting Effects of Productivity Shocks

- Assaf Razin, Yona Rubinstein and Efraim Sadka
- 10863: Behavioral Corporate Finance: A Survey

- Malcolm Baker, Richard S. Ruback and Jeffrey Wurgler
- 10862: Increases in Wealth among the Elderly in the Early 1990s: How Much is Due to Survey Design?

- Susann Rohwedder, Steven Haider and Michael Hurd
- 10861: Compensating Wage Differentials and AIDS Risk

- Jeffrey DeSimone and Edward J. Schumacher
- 10860: Life-Cycle Asset Accumulation and Allocation in Canada

- Kevin Milligan
- 10859: Poverty, Political Freedom, and the Roots of Terrorism

- Alberto Abadie
- 10858: The Economics of Corporate Tax Selfishness

- Joel Slemrod
- 10857: Re-Assessing the U.S. Quality Adjustment to Computer Prices: The Role of Durability and Changing Software

- Robert Feenstra and Christopher Knittel
- 10856: Microstructure of the Yen/Dollar Foreign Exchange Market: Patterns of Intra-day Activity Revealed in the Electronic Broking System

- Takatoshi Ito and Yuko Hashimoto
- 10855: Oil and the Macroeconomy Since the 1970s

- Robert Barsky and Lutz Kilian
- 10854: Economic Growth and the Environment: A Review of Theory and Empirics

- William Brock and M. Scott Taylor
- 10853: The US Gender Pay Gap in the 1990s: Slowing Convergence

- Francine Blau and Lawrence Kahn
- 10852: The Cross-Section of Volatility and Expected Returns

- Andrew Ang, Robert Hodrick, Yuhang Xing and Xiaoyan Zhang
- 10851: The Impact of Population Aging on Financial Markets

- James Poterba
- 10850: Do Stock Prices Really Reflect Fundamental Values? The Case of REITs

- William Gentry, Charles Jones and Christopher Mayer
- 10849: Globalization, Macroeconomic Performance, and the Exchange Rates of Emerging Economies

- Maurice Obstfeld
- 10848: The Elusive Welfare Economics of Price Stability as a Monetary Policy Objective: Should New Keynesian Central Bankers Pursue Price Stability?

- Willem Buiter
- 10847: Charles Kindleberger

- Edward Kane
- 10846: Quantitative Goals for Monetary Policy

- Antonio Fatas, Ilian Mihov and Andrew Rose
- 10845: Dollar Shortages and Crises

- Raghuram Rajan
- 10844: Does Immigration Affect the Long-Term Educational Outcomes of Natives? Quasi-Experimental Evidence

- Eric Gould, Victor Lavy and M. Daniele Paserman
- 10843: External Adjustment

- Maurice Obstfeld
- 10842: The Measurement and Evolution of Health Inequality: Evidence from the U.S. Medicare Population

- Jonathan Skinner and Weiping Zhou
- 10841: Dividend Taxes and Corporate Behavior: Evidence from the 2003 Dividend Tax Cut

- Raj Chetty and Emmanuel Saez
- 10840: Optimal Monetary and Fiscal Policy in a Liquidity Trap

- Gauti Eggertsson and Michael Woodford
- 10839: Optimal Stabilization Policy When Wages and Prices are Sticky: The Case of a Distorted Steady State

- Pierpaolo Benigno and Michael Woodford
- 10838: Inflation Stabilization and Welfare: The Case of a Distorted Steady State

- Pierpaolo Benigno and Michael Woodford
- 10837: Job Search and Impatience

- Stefano DellaVigna and M. Daniele Paserman
- 10836: Trade, Tragedy, and the Commons

- Brian Copeland and M. Scott Taylor
- 10835: Strategic Extremism: Why Republicans and Democrats Divide on Religious Values

- Edward Glaeser, Giacomo Ponzetto and Jesse Shapiro
- 10834: Keeping Capital Flowing: The Role of the IMF

- Michael Bordo, Ashoka Mody and Nienke Oomes
- 10833: Deflation and Monetary Policy in a Historical Perspective: Remembering the Past or Being Condemned to Repeat It?

- Michael Bordo and Andrew Filardo
- 10832: Finance as a Barrier to Entry: Bank Competition and Industry Structure in Local U.S. Markets

- Nicola Cetorelli and Philip E. Strahan
- 10831: Why Do Computers Depreciate?

- Michael J. Geske, Valerie Ramey and Matthew Shapiro
- 10830: Export Variety and Country Productivity

- Robert Feenstra and Hiau Looi Kee
- 10829: Can Central Bank Transparency Go Too Far?

- Frederic Mishkin
- 10828: Accounting for Cross-Country Income Differences

- Francesco Caselli
- 10827: Monetary Policy and the Currency Denomination of Debt: A Tale of Two Equilibria

- Andres Velasco and Roberto Chang
- 10826: Reciprocated Unilateralism in Trade Reforms with Majority Voting

- Pravin Krishna and Devashish Mitra
- 10825: Empirical Study of the Civil Justice System

- Daniel P. Kessler and Daniel L. Rubinfeld
- 10824: Charging NOx Emitters for Health Damages: An Exploratory Analysis

- Denise Mauzerall, Babar Sultan, Namsoug Kim and David Bradford
- 10823: Pseudo Market Timing and Predictive Regressions

- Malcolm Baker, Ryan Taliaferro and Jeffrey Wurgler
- 10822: Assessing the Impacts of the Prescription Drug User Fee Acts (PDUFA) on the FDA Approval Process

- Ernst R. Berndt, Adrian H. B. Gottschalk, Tomas Philipson and Matthew W. Strobeck
- 10821: Corruption in America

- Edward Glaeser and Raven Saks
- 10820: Dynamic Trading Strategies and Portfolio Choice

- Ravi Bansal, Magnus Dahlquist and Campbell Harvey
- 10819: Overestimating Self_Control: Evidence from the Health Club Industry

- Stefano DellaVigna and Ulrike Malmendier
- 10818: Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting?

- Takatoshi Ito
- 10817: Global Demographic Change: Dimensions and Economic Significance

- David Bloom and David Canning
- 10816: Over-the-Counter Markets

- Darrell Duffie, Nicolae Garleanu and Lasse Pedersen
- 10815: Efficiency of Thin and Thick Markets

- Li Gan and Qi Li
- 10814: Asset Pricing with Liquidity Risk

- Viral Acharya and Lasse Pedersen
- 10813: Who Makes Acquisitions? CEO Overconfidence and the Market's Reaction

- Ulrike Malmendier and Geoffrey Tate
- 10812: Are Investors Naive About Incentives?

- Ulrike Malmendier and Devin Shanthikumar
- 10811: Testing a Roy Model with Productivity Spillovers: Evidence from the Treatment of Heart Attacks

- Amitabh Chandra and Doug Staiger
- 10810: Health Shocks and Couples' Labor Supply Decisions

- Courtney Coile
- 10809: The Effect of College Curriculum on Earnings: Accounting for Non-Ignorable Non-Response Bias

- Daniel Hamermesh and Stephen Donald
- 10808: Fear of Service Outsourcing: Is It Justified?

- Mary Amiti and Shang-Jin Wei
- 10807: CEO Overconfidence and Corporate Investment

- Ulrike Malmendier and Geoffrey Tate
- 10806: Economic Effects of Regional Tax Havens

- Mihir A. Desai, C. Fritz Foley and James Hines
- 10805: Estimating the Expected Marginal Rate of Substitution: Exploiting Idiosyncratic Risk

- Robert Flood and Andrew Rose
- 10804: Why Do Households Without Children Support Local Public Schools?

- Christian Hilber and Christopher Mayer
- 10803: A Revealed Preference Ranking of U.S. Colleges and Universities

- Christopher Avery, Mark Glickman, Caroline Hoxby and Andrew Metrick
- 10802: Jurisdictional Advantage

- Maryann Feldman and Roger Martin
- 10801: Transaction Costs: Valuation Disputes, Bi-Lateral Monopoly Bargaining and Third-Party Effects in Water Rights Exchanges. The Owens Valley Transfer to Los Angeles

- Gary Libecap
- 10800: Inequality, Nonhomothetic Preferences, and Trade: A Gravity Approach

- Muhammed Dalgin, Devashish Mitra and Vitor Trindade
- 10799: Healthcare Markets, the Safety Net and Access to Care Among the Uninsured

- Carole Roan Gresenz, Jeanette A. Rogowski and Jose Escarce
- 10798: Migration, Social Standards and Replacement Incomes: How to Protect Low-income Workers in the Industrialized Countries Against the Forces of Globalization and Market Integration

- Hans-Werner Sinn
- 10797: The Performance of the Pivotal-Voter Model in Small-Scale Elections: Evidence from Texas Liquor Referenda

- Stephen Coate, Michael Conlin and Andrea Moro
- 10796: The Changing Association Between Prenatal Participation in WIC and Birth Outcomes in New York City

- Ted Joyce, Diane Gibson and Silvie Colman
- 10795: Anatomy of the Rise and Fall of a Price-Fixing Conspiracy: Auctions at Sotheby's and Christie's

- Orley Ashenfelter and Kathryn Graddy
- 10794: Investor Sentiment Measures

- Lily Qiu and Ivo Welch
- 10793: New Goods and the Transition to a New Economy

- Jeremy Greenwood and Gokce Uysal
- 10792: Designing Optimal Disability Insurance: A Case for Asset Testing

- Mikhail Golosov and Aleh Tsyvinski
- 10791: The Rise of the Fourth Estate: How Newspapers Became Informative and Why It Mattered

- Matthew Gentzkow, Edward Glaeser and Claudia Goldin
- 10790: Putting the Brakes on Sudden Stops: The Financial Frictions-Moral Hazard Tradeoff of Asset Price Guarantees

- Enrique Mendoza and C. Bora Durdu
- 10789: Subjective Mortality Risk and Bequests

- Li Gan, Guan Gong, Michael Hurd and Daniel McFadden
- 10788: Fiscal Discipline and the Cost of Public Debt Service: Some Estimates for OECD Countries

- Silvia Ardagna, Francesco Caselli and Timothy Lane
- 10787: What Does the Public Know about Economic Policy, and How Does It Know It?

- Alan Blinder and Alan Krueger
- 10786: Contingent Reserves Management: An Applied Framework

- Ricardo Caballero and Stavros Panageas
- 10785: The Comovement of Returns and Investment Within the Multinational Firm

- Mihir A. Desai and C. Fritz Foley
- 10784: Household Expenditure and the Income Tax Rebates of 2001

- David S. Johnson, Jonathan Parker and Nicholas Souleles
- 10783: Working the System: Firm Learning and the Antidumping Process

- Bruce Blonigen
- 10782: Supply or Demand: Why is the Market for Long-Term Care Insurance So Small?

- Jeffrey Brown and Amy Finkelstein
- 10781: Financing Consumption in an Aging Japan: The Role of Foreign Capital Inflows in Immigration

- Robert Dekle
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