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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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10680: Refugees, Asylum Seekers and Policy in Europe Downloads
Timothy Hatton and Jeffrey Williamson
10679: Credible Commitment to Optimal Escape from a Liquidity Trap: The Role of the Balance Sheet of an Independent Central Bank Downloads
Olivier Jeanne and Lars Svensson
10678: Do Gender Stereotypes Reduce Girls' Human Capital Outcomes? Evidence from a Natural Experiment Downloads
Victor Lavy
10677: Detecting Medicare Abuse Downloads
David Becker, Daniel Kessler and Mark McClellan
10676: The X Tax in the World Economy Downloads
David Bradford
10675: Portfolio Concentration and the Performance of Individual Investors Downloads
Zoran Ivkovich, Clemens Sialm and Scott Weisbenner
10674: Corruption in Indonesia Downloads
J. Vernon Henderson and Ari Kuncoro
10673: Exchange Rate Regime Durability and Performance in Developing Countries Versus Advanced Economies Downloads
Aasim M. Husain, Ashoka Mody and Kenneth Rogoff
10672: What Does the Yield Curve Tell us about GDP Growth? Downloads
Andrew Ang, Monika Piazzesi and Min Wei
10671: Large Blocks of Stock: Prevalence, Size, and Measurement Downloads
Jennifer Dlugosz, Ruediger Fahlenbrach, Paul Gompers and Andrew Metrick
10670: Preschool, Day Care, and Afterschool Care: Who's Minding the Kids? Downloads
David Blau and Janet Currie
10669: Health in an Age of Globalization Downloads
Angus Deaton
10668: Comparative Advantage and Heterogeneous Firms Downloads
Andrew Bernard, Stephen Redding and Peter Schott
10667: Neighbors as Negatives: Relative Earnings and Well-Being Downloads
Erzo Luttmer
10666: Good Principals or Good Peers? Parental Valuation of School Characteristics, Tiebout Equilibrium, and the Effects of Inter-district Competition Downloads
Jesse Rothstein
10665: An Empirical Model of Stock Analysts' Recommendations: Market Fundamentals, Conflicts of Interest, and Peer Effects Downloads
Patrick Bajari and John Krainer
10664: A Model of Forum Shopping, with Special Reference to Standard Setting Organizations Downloads
Josh Lerner and Jean Tirole
10663: The Economic Impacts of Climate Change: Evidence from Agricultural Profits and Random Downloads
Olivier Deschenes and Michael Greenstone
10662: Two Centuries of Economic Growth: Europe Chasing the American Frontier Downloads
Robert Gordon
10661: Why was Europe Left at the Station When America's Productivity Locomotive Departed? Downloads
Robert Gordon
10660: Five Puzzles in the Behavior of Productivity, Investment, and Innovation Downloads
Robert Gordon
10659: Go Down Fighting: Short Sellers vs. Firms Downloads
Owen Lamont
10658: Evaluating the Impact of the D.C. Tuition Assistance Grant Program Downloads
Thomas Kane
10657: Economic and Political Liberalizations Downloads
Francesco Giavazzi and Guido Tabellini
10656: Minimum Wage Effects in the Longer Run Downloads
David Neumark and Olena Nizalova
10655: Search-Theoretic Models of the Labor Market-A Survey Downloads
Richard Rogerson, Robert Shimer and Randall Wright
10654: Free Banking and Bank Entry in Nineteenth-Century New York Downloads
Howard Bodenhorn
10653: Sex Differences in Morbidity and Mortality Downloads
Anne Case and Christina Paxson
10652: Modeling Inventories Over the Business Cycle Downloads
Aubhik Khan and Julia Thomas
10651: On the Importance of Measuring Payout Yield: Implications for Empirical Asset Pricing Downloads
Jacob Boudoukh, Roni Michaely, Matthew Richardson and Michael Roberts
10650: Do a Firm's Equity Returns Reflect the Risk of Its Pension Plan? Downloads
Li Jin, Robert Merton and Zvi Bobie
10649: China's Post Accession WTO Stance Downloads
Glenda Mallon and John Whalley
10648: Illicit Drug Use Among Arrestees and Drug Prices Downloads
Dhaval Dave
10647: Estimating the Effects of a Time Limited Earnings Subsidy for Welfare Leavers Downloads
David Card and Dean Hyslop
10646: Can Inflation Targeting Work in Emerging Market Countries? Downloads
Frederic Mishkin
10645: Do the Rich Flee from High State Taxes? Evidence from Federal Estate Tax Returns Downloads
Jon Bakija and Joel Slemrod
10644: Behavioral Finance in Corporate Governance - Independent Directors, Non-Executive Chairs, and the Importance of the Devil's Advocate Downloads
Randall Morck
10643: International Innovation and Diffusion of Air Pollution Control Technologies: The Effects of NOX and SO2 Regulation in the US, Japan, and Germany Downloads
David Popp
10642: Deflationary Bubbles Downloads
Willem Buiter and Anne Sibert
10641: The History and Politics of Corporate Ownership in Sweden Downloads
Peter Hogfeldt
10640: Scientific Teams and Institution Collaborations: Evidence from U.S. Universities, 1981-1999 Downloads
James Adams
10639: Auctions with Resale When Private Values Are Uncertain: Theory and Empirical Evidence Downloads
Andreas Lange, John List and Michael Price
10638: Specialization, Factor Accumulation and Development Downloads
Doireann Fitzgerald and Juan Hallak
10637: Public Debt, Fiscal Solvency and Macroeconomic Uncertainty in Latin America: The Cases of Brazil, Colombia, Costa Rica, and Mexico Downloads
Enrique Mendoza and P. Marcelo Oviedo
10636: Technology Shocks and Aggregate Fluctuations: How Well Does the RBS Model Fit Postwar U.S. Data? Downloads
Jordi Galí and Pau Rabanal
10635: The Rise and Fall of the Widely Held Firm - A History of Corporate Ownership in Canada Downloads
Randall Morck, Michael Percy, Gloria Tian and Bernard Yeung
10634: A New Look at Racial Profiling: Evidence from the Boston Police Department Downloads
Kate Antonovics and Brian Knight
10633: Are Migrants More Skilled than Non-Migrants? Repeat, Return and Same-Employer Migrants Downloads
Jennifer Hunt
10632: Measuring the Effects of Workloss on Productivity With Team Production Downloads
Sean Nicholson, Marc V. Pauly, Daniel Polsky, Claire Sharda and Helena Szrek
10631: The Source of Historical Economic Fluctuations: An Analysis using Long-Run Restrictions Downloads
Neville Francis and Valerie Ramey
10630: Capital Income Taxation in the Globalized World Downloads
Assaf Razin and Efraim Sadka
10629: Unmasking the Pollution Haven Effect Downloads
Arik Levinson and M. Scott Taylor
10628: Spending Less Time with the Family: The Decline of Family Ownership in the UK Downloads
Julian Franks, Colin Mayer and Stefano Rossi
10627: Using Investment Data to Assess the Importance of Price Mismeasurement Downloads
Diego Comin
10626: Direct Investment, Rising Real Wages and the Absorption of Excess Labor in the Periphery Downloads
Michael Dooley, David Folkerts-Landau and Peter Garber
10625: R&D: A Small Contribution to Productivity Growth Downloads
Diego Comin
10624: Sources for Financing Domestic Capital -- Is Foreign Saving a Viable Option for Developing Countries? Downloads
Joshua Aizenman, Brian Pinto and Artur Radziwill
10623: How Have Borrowers Fared in Banking Mega-Mergers? Downloads
Kenneth A. Carow, Edward Kane and Rajesh Narayanan
10622: Performance Pay and Teachers' Effort, Productivity and Grading Ethics Downloads
Victor Lavy
10621: The Wage Gains of African-American Women in the 1940s Downloads
Martha Bailey and William Collins
10620: The Design of Financial Systems: Towards a Synthesis of Function and Structure Downloads
Robert Merton and Zvi Bodie
10619: The Effects of Cocaine and Heroin Prices on Drug-Related Emergency Department Visits Downloads
Dhaval Dave
10618: Education, Redistribution, and the Threat of Brain Drain Downloads
Alexander Haupt and Eckhard Janeba
10617: Evaluating the Calvo Model of Sticky Prices Downloads
Martin Eichenbaum and Jonas Fisher
10616: The Macroeconomy and the Yield Curve: A Dynamic Latent Factor Approach Downloads
Francis Diebold, Glenn Rudebusch and S. Boragan Aruoba
10615: A Continuous-Time Agency Model of Optimal Contracting and Capital Structure Downloads
Peter DeMarzo and Yuliy Sannikov
10614: Unbiased Estimation of the Half-Life to PPP Convergence in Panel Data Downloads
Chi-Young Choi, Nelson Mark and Donggyu Sul
10613: The Evolution of Concentrated Ownership in India Broad patterns and a History of the Indian Software Industry Downloads
Tarun Khann and Krishna Palepu
10612: Targeting vs. Instrument Rules for Monetary Policy Downloads
Bennett McCallum and Edward Nelson
10611: Liquidity Constraints and Housing Prices: Theory and Evidence from the VA Mortgage Downloads
Jacob Vigdor
10610: The Political Economy of Fair Housing Laws Prior to 1968 Downloads
William Collins
10609: How Elections Matter: Theory and Evidence from Environmental Policy Downloads
John List and Daniel Sturm
10608: Breakfast of Champions? The School Breakfast Program and the Nutrition of Children and Families Downloads
Jayanta Bhattacharya, Janet Currie and Steven Haider
10607: The Purchasing Power Parity Debate Downloads
Alan Taylor and Mark Taylor
10606: Measuring the Growth from Better and Better Goods Downloads
Mark Bils
10605: Exploring the Patent Explosion Downloads
Bronwyn Hall
10604: The Impact of Presumed Consent Legislation on Cadaveric Organ Donation: A Cross Country Study Downloads
Alberto Abadie and Sebastien Gay
10603: Learning on the Quick and Cheap: Gains from Trade Through Imported Expertise Downloads
James Markusen and Thomas Rutherford
10602: Managing Volatility and Crises: A Practitioner's Guide Overview Downloads
Joshua Aizenman and Brian Pinto
10601: Peace and War in Territorial Disputes Downloads
Herschel Grossman
10600: The Impact of the Terms of Trade on Economic Development in the Periphery, 1870-1939: Volatility and Secular Change Downloads
Christopher Blattman, Jason Hwang and Jeffrey Williamson
10599: Dividend Policy, Agency Costs, and Earned Equity Downloads
Harry DeAngelo, Linda DeAngelo and René Stulz
10598: Economic Impacts of Unionization on Private Sector Employers: 1984-2001 Downloads
John DiNardo and David S. Lee
10597: Exotic Preferences for Macroeconomists Downloads
David Backus, Bryan Routledge and Stanley Zin
10596: The Effect of Population Health on Foreign Direct Investment Downloads
Marcella Alsan, David Bloom and David Canning
10595: Facts and Fantasies about Commodity Futures Downloads
Gary Gorton and K. Rouwenhorst
10594: Product Variety and Demand Uncertainty Downloads
Dennis Carlton and James Dana
10593: Trade, Inequality, and Poverty: What Do We Know? Evidence from Recent Trade Liberalization Episodes in Developing Countries Downloads
Pinelopi Goldberg and Nina Pavcnik
10592: Are Technology Improvements Contractionary? Downloads
Susanto Basu, John Fernald and Miles Kimball
10591: Does School Accountability Lead to Improved Student Performance? Downloads
Eric Hanushek and Margaret E. Raymond
10590: The Quality of Labor Relations and Unemployment Downloads
Olivier Blanchard and Thomas Philippon
10589: Preference Formation and the Rise of Women's Labor Force Participation: Evidence from WWII Downloads
Raquel Fernandez, Alessandra Fogli and Claudia Olivetti
10588: The Timing, Intensity, and Composition of Interest Group Lobbying: An Analysis of Structural Policy Windows in the States Downloads
John M. de Figueiredo
10587: The Costs of Entrenched Boards Downloads
Lucian Bebchuk and Alma Cohen
10586: India's De-Industrialization Under British Rule: New Ideas, New Evidence Downloads
David Clingingsmith and Jeffrey Williamson
10585: Trade Liberalization and Pollution Havens Downloads
Josh Ederington, Arik Levinson and Jenny Minier
10584: Slow Recoveries Downloads
Raphael Bergoeing, Norman Loayzaw and Andrea Repetto
10583: Measuring Market Integration: Foreign Exchange Arbitrage and the Gold Standard, 1879-1913 Downloads
Eugene Canjels, Gauri Prakash-Canjels and Alan Taylor
10582: The Rise of U.S. Antidumping Actions in Historical Perspective Downloads
Douglas Irwin
10581: Was There a Nasdaq Bubble in the Late 1990s? Downloads
Lubos Pastor and Pietro Veronesi
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