NBER Working Papers

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10739: The Dynamics of Criminal Behavior: Evidence from Weather Shocks

Brian Jacob, Lars Lefgren and Enrico Moretti

10738: How Does Cost-Sharing Affect Drug Purchases? Insurance Regimes in the Private Market for Prescription Drugs

Avi Dor and William Encinosa

10737: The Value of Life and the Rise in Health Spending

Robert Hall and Charles Jones

10736: The Social Costs of Gun Ownership

Philip J Cook and Jens Ludwig

10735: Labor Market Institutions, Wages, and Investment

Jorn-Steffen Pischke

10734: Emerging Market Business Cycles: The Cycle is the Trend

Mark Aguiar and Gita Gopinath

10733: Neoclassical Growth and the Adoption of Technologies

Diego Comin and Bart Hobijn

10732: Transition Dynamics in Vintage Capital Models: Explaining the Postwar Catch-Up of Germany and Japan

Simon Gilchrist and John Williams

10731: Defaultable Debt, Interest Rates and the Current Account

Mark Aguiar and Gita Gopinath

10730: Welfare vs. Market Access: The Implications of Tariff Structure for Tariff Reform

James Anderson and J. Peter Neary

10729: Empire, Public Goods, and the Roosevelt Corollary

Kris James Mitchener and Marc Weidenmier

10728: Technical Change and the Wage Structure During the Second Industrial Revolution: Evidence from the Merchant Marine, 1865-1912

Aimee Chin, Chinhui Juhn and Peter Thompson

10727: The US Current Account Deficit and Economic Development: Collateral for a Total Return Swap

Michael Dooley, David Folkerts-Landau and Peter Garber

10726: Why Do Countries Matter So Much for Corporate Governance?

René Stulz, Craig Doidge and G. Karolyi

10725: Determinants of Business Cycle Comovement: A Robust Analysis

Marianne Baxter and Michael Kouparitsas

10724: Optimal Operational Monetary Policy in the Christiano-Eichenbaum-Evans Model of the U.S. Business Cycle

Stephanie Schmitt-Grohe and Martín Uribe

10723: Exchange Rates and Fundamentals

Charles Engel and Kenneth West

10722: Robin Hood and His Not-So-Merry Plan: Capitalization and the Self-Destruction of Texas' School Finance Equalization Plan

Caroline Hoxby and Ilyana Kuziemko

10721: Negotiating Free Trade

Philippe Aghion, Pol Antras and Elhanan Helpman

10720: The More the Merrier? The Effect of Family Composition on Children's Education

Sandra Black, Paul Devereux and Kjell G Salvanes

10719: Stock Market Trading and Market Conditions

John M. Griffin, Federico Nardari and René Stulz

10718: The Impact of Trade on Intraindustry Reallocation and Aggregate Industry Productivity: A Comment

Richard Baldwin and Frederic Robert-Nicoud

10717: Transboundary Spillovers and Decentralization of Environmental Policies

Hilary Sigman

10716: Corporate Ownership in France: The Importance of History

Antoin E. Murphy

10715: How Much Might Universal Health Insurance Reduce Socioeconomic Disparities in Health? A Comparison of the US and Canada

Sandra L. Decker and Dahlia K. Remler

10714: Explaining the Evolution of Pension Structure and Job Tenure

Leora Friedberg and Michael Owyang

10713: Long-Term Consequences of Secondary School Vouchers: Evidence from Administrative Records in Colombia

Joshua Angrist, Eric Bettinger and Michael Kremer

10712: CPI Bias from Supercenters: Does the BLS Know that Wal-Mart Exists?

Jerry Hausman and Ephraim Leibtag

10711: Borrowing Constraints, College Aid, and Intergenerational Mobility

Eric Hanushek, Charles Leung and Kuzey Yilmaz

10710: Merger Policy and Innovation: Must Enforcement Change to Account for Technological Change?

Michael Katz and Howard A. Shelanski

10709: The Effect of Malpractice Liability on the Delivery of Health Care

Katherine Baicker and Amitabh Chandra

10708: The Role and Functioning of Public-Interest Legal Organizations in the Enforcement of the Employment Laws

Christine Jolls

10707: Optimal Expectations

Markus Brunnermeier and Jonathan Parker

10706: Interdependent Security: A General Model

Geoffrey Heal and Howard Kunreuther

10705: Abortion Legalization and Lifecycle Fertility

Elizabeth Oltmans Ananat, Jonathan Gruber and Phillip Levine

10704: Monetary Policy and Asset Prices: A Look Back at Past U.S. Stock Market Booms

Michael Bordo and David Wheelock

10703: Why Do Real and Nominal Inventory-Sales Ratios Have Different Trends

Valerie Ramey and Daniel J. Vine

10702: A Common Currency: Early U.S. Monetary Policy and the Transition to the Dollar

Peter Rousseau

10701: The Effect of Mandated State Education Spending on Total Local Resources

Katherine Baicker and Nora Gordon

10700: How Far to the Hospital? The Effect of Hospital Closures on Access to Care

Thomas Buchmueller, Mireille Jacobson and Cheryl Wold

10699: What Did the "Illegitimacy Bonus" Reward?

Sanders Korenman, Ted Joyce, Robert Kaestner and Jennifer Walper

10698: Pairwise Kidney Exchange

Alvin Roth, Tayfun Sönmez and Utku Unver

10697: Overseas Assembly and Country Sourcing Choices

Deborah Swenson

10696: Fixed Exchange Rates and Trade

Michael Klein and Jay Shambaugh

10695: Do Tenured and Tenure-Track Faculty Matter?

Ronald Ehrenberg and Liang Zhang

10694: Budget Windows, Sunsets, and Fiscal Control

Alan Auerbach

10693: The Fiscal Burden of Korean Reunification: A Generational Accounting Approach

Alan Auerbach, Young Jun Chun and Ilho Yoo

10692: Corporate Governance, Economic Entrenchment and Growth

Randall Morck, Daniel Wolfenzon and Bernard Yeung

10691: Maternal Employment and Adolescent Development

Christopher Ruhm

10690: Corporate Tax Evasion with Agency Costs

Keith J. Crocker and Joel Slemrod

10689: Weak and Semi-Strong Form Stock Return Predictability, Revisited

Wayne Ferson, Andrea Heuson and Tie Su

10688: Demand for Illicit Drugs by Pregnant Women

Hope Corman, Kelly Noonan, Nancy E. Reichman and Dhaval Dave

10687: Law and Firms' Access to Finance

Thorsten Beck, Asli Demirguc-Kunt and Ross Levine

10686: The Determinants of the Global Digital Divide: A Cross-Country Analysis of Computer and Internet Penetration

Menzie Chinn and Robert Fairlie

10685: Can Mutual Fund Managers Pick Stocks? Evidence from the Trades Prior to Earnings Announcements

Malcolm Baker, Lubomir Litov, Jessica Wachter and Jeffrey Wurgler

10684: What is Discrimination? Gender in the American Economic Association

Stephen Donald and Daniel Hamermesh

10683: Inequality Change in China and (Hukou) Labour Mobility Restrictions

John Whalley and Shunming Zhang

10682: Welfare Migration: Is the Net Fiscal Burden a Good Measure of Its Economic Impact on the Welfare of the Native Born Population?

Assaf Razin and Efraim Sadka

10681: Federal Government Debt and Interest Rates

Eric M. Engen and Robert Hubbard

10680: Refugees, Asylum Seekers and Policy in Europe

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

Olivier Jeanne and Lars Svensson

10678: Do Gender Stereotypes Reduce Girls' Human Capital Outcomes? Evidence from a Natural Experiment

Victor Lavy

10677: Detecting Medicare Abuse

David Becker, Daniel Kessler and Mark McClellan

10676: The X Tax in the World Economy

David Bradford

10675: Portfolio Concentration and the Performance of Individual Investors

Zoran Ivkovich, Clemens Sialm and Scott Weisbenner

10674: Corruption in Indonesia

J. Vernon Henderson and Ari Kuncoro

10673: Exchange Rate Regime Durability and Performance in Developing Countries Versus Advanced Economies

Aasim M. Husain, Ashoka Mody and Kenneth Rogoff

10672: What Does the Yield Curve Tell us about GDP Growth?

Andrew Ang, Monika Piazzesi and Min Wei

10671: Large Blocks of Stock: Prevalence, Size, and Measurement

Jennifer Dlugosz, Ruediger Fahlenbrach, Paul Gompers and Andrew Metrick

10670: Preschool, Day Care, and Afterschool Care: Who's Minding the Kids?

David Blau and Janet Currie

10669: Health in an Age of Globalization

Angus Deaton

10668: Comparative Advantage and Heterogeneous Firms

Andrew Bernard, Stephen Redding and Peter Schott

10667: Neighbors as Negatives: Relative Earnings and Well-Being

Erzo Luttmer

10666: Good Principals or Good Peers? Parental Valuation of School Characteristics, Tiebout Equilibrium, and the Effects of Inter-district Competition

Jesse Rothstein

10665: An Empirical Model of Stock Analysts' Recommendations: Market Fundamentals, Conflicts of Interest, and Peer Effects

Patrick Bajari and John Krainer

10664: A Model of Forum Shopping, with Special Reference to Standard Setting Organizations

Josh Lerner and Jean Tirole

10663: The Economic Impacts of Climate Change: Evidence from Agricultural Profits and Random

Olivier Deschenes and Michael Greenstone

10662: Two Centuries of Economic Growth: Europe Chasing the American Frontier

Robert Gordon

10661: Why was Europe Left at the Station When America's Productivity Locomotive Departed?

Robert Gordon

10660: Five Puzzles in the Behavior of Productivity, Investment, and Innovation

Robert Gordon

10659: Go Down Fighting: Short Sellers vs. Firms

Owen Lamont

10658: Evaluating the Impact of the D.C. Tuition Assistance Grant Program

Thomas Kane

10657: Economic and Political Liberalizations

Francesco Giavazzi and Guido Tabellini

10656: Minimum Wage Effects in the Longer Run

David Neumark and Olena Nizalova

10655: Search-Theoretic Models of the Labor Market-A Survey

Richard Rogerson, Robert Shimer and Randall Wright

10654: Free Banking and Bank Entry in Nineteenth-Century New York

Howard Bodenhorn

10653: Sex Differences in Morbidity and Mortality

Anne Case and Christina Paxson

10652: Modeling Inventories Over the Business Cycle

Aubhik Khan and Julia Thomas

10651: On the Importance of Measuring Payout Yield: Implications for Empirical Asset Pricing

Jacob Boudoukh, Roni Michaely, Matthew Richardson and Michael Roberts

10650: Do a Firm's Equity Returns Reflect the Risk of Its Pension Plan?

Li Jin, Robert Merton and Zvi Bobie

10649: China's Post Accession WTO Stance

Glenda Mallon and John Whalley

10648: Illicit Drug Use Among Arrestees and Drug Prices

Dhaval Dave

10647: Estimating the Effects of a Time Limited Earnings Subsidy for Welfare Leavers

David Card and Dean Hyslop

10646: Can Inflation Targeting Work in Emerging Market Countries?

Frederic Mishkin

10645: Do the Rich Flee from High State Taxes? Evidence from Federal Estate Tax Returns

Jon Bakija and Joel Slemrod

10644: Behavioral Finance in Corporate Governance - Independent Directors, Non-Executive Chairs, and the Importance of the Devil's Advocate

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

David Popp

10642: Deflationary Bubbles

Willem Buiter and Anne Sibert

10641: The History and Politics of Corporate Ownership in Sweden

Peter Hogfeldt

10640: Scientific Teams and Institution Collaborations: Evidence from U.S. Universities, 1981-1999

James Adams