NBER Working Papers

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9739: Endogenous Tradability and Macroeconomic Implications

Paul Bergin and Reuven Glick

9738: Health Inequality, Education and Medical Innovation

Sherry Glied and Adriana Lleras-Muney

9737: Credit Market Imperfections in Middle Income Countries

Aaron Tornell and Frank Westermann

9736: Neoclassical Theory Versus Prospect Theory: Evidence from the Marketplace

John List

9735: Appropriability and the timing of innovation: Evidence from MIT inventions

Emmanuel Dechenaux, Brent Goldfarb, Scott A. Shane and Marie Thursby

9734: The Disclosure and Licensing of University Inventions

Richard Jensen, Jerry Thursby and Marie Thursby

9733: Sprawl and Urban Growth

Edward Glaeser and Matthew Kahn

9732: Fifty Years of Mincer Earnings Regressions

James Heckman, Lance Lochner and Petra Todd

9731: Prospects for Improving U.S. Patent Quality via Post-grant Opposition

Bronwyn Hall, Stuart Graham and Dietmar Harhoff

9730: Adoption of New Technology

Bronwyn Hall and Beethika Khan

9729: Distance, Time, and Specialization

Carolyn Evans and James Harrigan

9728: Product Differentiation, Search Costs, and Competition in the Mutual Fund Industry: A Case Study of the S&P 500 Index Funds

Ali Hortacsu and Chad Syverson

9727: Incentives and Invention in Universities

Saul Lach and Mark Schankerman

9726: Identification and Estimation of Dynamic Games

Martin Pesendorfer and Philipp Schmidt-Dengler

9725: Defense R&D Policy in the Anti-terrorist Era

Manuel Trajtenberg

9724: Productivity Growth and R&D Expenditure in Taiwan's Manufacturing Firms

Jiann-Chyuan Wang and Kuen-Hung Tsai

9723: Vertical Production Networks in Multinational Firms

Gordon Hanson, Raymond J. Mataloni and Matthew J. Slaughter

9722: Executive Compensation and Short-termist Behavior in Speculative Markets

Patrick Bolton, Jose Scheinkman and Wei Xiong

9721: A Model of Add-on Pricing

Glenn Ellison

9720: Does the Format of a Financial Aid Program Matter? The Effect of State In-Kind Tuition Subsidies

Bridget Long

9719: Specialization, Firms, and Markets: The Division of Labor Within and Between Law Firms

Luis Garicano and Thomas N. Hubbard

9718: Footloose and Pollution-Free

Josh Ederington, Arik Levinson and Jenny Minier

9717: Business Method Patents, Innovation, and Policy

Bronwyn Hall

9716: The Role of Globalization in the Within-Industry Shift Away from Unskilled Workers in France

Vanessa Strauss-Kahn

9715: A Multinational Perspective on Capital Structure Choice and Internal Capital Markets

Mihir A. Desai, C. Fritz Foley and James Hines

9714: Annuities and Individual Welfare

Thomas Davidoff, Jeffrey Brown and Peter Diamond

9713: IS-LM and Monetarism

Michael Bordo and Anna Schwartz

9712: A Structural Empirical Model of Firm Growth, Learning, and Survival

Jaap Abbring and Jeffrey Campbell

9711: The Neighbor's Portfolio: Word-of-Mouth Effects in the Holdings and Trade of Money Managers

Harrison Hong, Jeffrey D. Kubik and Jeremy Stein

9710: Foreign Bank Entry and Business Volatility: Evidence from U.S. States and Other Countries

Donald Morgan and Philip Strahan

9709: Ideas and Education: Level or Growth Effects?

Steve Dowrick

9708: Treatment Effect Heterogeneity in Theory and Practice

Joshua Angrist

9707: Job Loss in the United States, 1981-2001

Henry Farber

9706: Is Tomorrow Another Day? The Labor Supply of New York Cab Drivers

Henry Farber

9705: Nonunion Wage Rates and the Threat of Unionization

Henry Farber

9704: Bank Integration and State Business Cycles

Donald Morgan, Bertrand Rime and Philip Strahan

9703: A Quasi-Experimental Estimate of the Impact of Financial Aid on College-Going

Thomas J. Kane

9702: Living Wage Effects: New and Improved Evidence

Scott Adams and David Neumark

9701: Relative Prices and Relative Prosperity

Chang-Tai Hsieh and Pete Klenow

9700: Economic Analysis of Welfare Economics, Morality and the Law

Steven Shavell

9699: Economic Analysis of the General Structure of the Law

Steven Shavell

9698: Economic Analysis of Public Law Enforcement and Criminal Law

Steven Shavell

9697: Economic Analysis of Litigation and the Legal Process

Steven Shavell

9696: Economic Analysis of Contract Law

Steven Shavell

9695: Economic Analysis of Property Law

Steven Shavell

9694: Economic Analysis of Accident Law

Steven Shavell

9693: Impacts of Eligibility Expansions and Provider Reimbursement Rate Increases on Child Care Subsidy Take-Up Rates, Welfare Use and Work

Ann Dryden Witte and Magaly Queralt

9692: Spaghetti Regionalism or Strategic Foreign Trade: Some Evidence for Mexico

Alejandro Ibarra-Yunez

9691: Social Security, Retirement, and the Single-Mindedness of the Electorate

Casey Mulligan and Xavier Sala-i-Martin

9690: Marijuana Decriminalization: What does it mean in the United States?

Rosalie Pacula, Jamie F. Chriqui and Joanna King

9689: The Effect of Drug Prohibition on Drug Prices: Evidence from the Markets for Cocaine and Heroin

Jeffrey Miron

9688: Do Minimum Wages Affect Non-wage Job Attributes? Evidence on Fringe Benefits and Working Conditions

Kosali Simon and Robert Kaestner

9687: Globalization in Latin America Before 1940

Jeffrey Williamson and Luis Bertola

9686: Local Revenue Hills: Evidence from Four U.S. Cities

Andrew Haughwout, Robert P. Inman, Steven Craig and Thomas Luce

9685: Local Does as Local Is: Information Content of the Geography of Individual Investors' Common Stock Investments

Scott Weisbenner and Zoran Ivkovich

9684: The Elusive Gains from International Financial Integration

Pierre-Olivier Gourinchas and Olivier Jeanne

9683: Does School Choice Increase School Quality?

George Holmes, Jeffrey DeSimone and Nicholas Rupp

9682: Religion and Economic Growth

Robert Barro and Rachel McCleary

9681: Alcohol Prohibition and Cirrhosis

Angela Dills and Jeffrey Miron

9680: Cooperative Marketing Agreements Between Competitors: Evidence from Patent Pools

Josh Lerner, Jean Tirole and Marcin Strojwas

9679: Firm-Specific Human Capital: A Skill-Weights Approach

Edward Lazear

9678: Risk Aversion, Liability Rules, and Safety

Joshua Graff Zivin, Richard Just and David Zilberman

9677: Do Demographic Changes Affect Risk Premiums? Evidence from International Data

Andrew Ang and Angela Maddaloni

9676: Alcohol Advertising and Alcohol Consumption by Adolescents

Henry Saffer and Dhaval Dave

9675: Product Quality and Market Size

Steven Berry and Joel Waldfogel

9674: Diversification and the Taxation of Capital Gains and Losses

Richard J. Rendleman, Jr. and Douglas Shackelford

9673: Maximum Likelihood Estimation of Latent Affine Processes

David S. Bates

9672: Inflation Targeting, Price-Path Targeting and Output Variability

Stephen Cecchetti and Junhan Kim

9671: Teacher Incentives

Paul Glewwe, Nauman Ilias and Michael Kremer

9670: Twin Fallacies About Exchange Rate Policy in Emerging Markets

Carmen Reinhart and Vincent Reinhart

9669: The Effects of Multinational Production on Wages and Working Conditions in Developing Countries

Drusilla Brown, Alan Deardorff and Robert Stern

9668: Globalization and International Commodity Trade with Specific Reference to the West African Cocoa Producers

Christopher L. Gilbert and Panos Varangis

9667: Inflation Targeting in Transition Countries: Experience and Prospects

Jiri Jonas and Frederic Mishkin

9666: The Monetary Consequences of a Free Trade Area of the Americas

Barry Eichengreen and Alan Taylor

9665: The Determinants and Consequences of Child Care Subsidies for Single Mothers

David Blau and Erdal Tekin

9664: A No-Arbitrage Approach to Range-Based Estimation of Return Covariances and Correlations

Michael W. Brandt and Francis Diebold

9663: Do all networks facilitate international commerce? US law firms and the international market for corporate control

Simon Evenett

9662: The Role of Information in Driving FDI Flows: Host-Country Tranparency and Source Country Specialization

Ashoka Mody, Assaf Razin and Efraim Sadka

9661: Charitable Bequests and Taxes on Inheritance and Estates: Aggregate Evidence from Across States and Time

Jon Bakija, William Gale and Joel Slemrod

9660: Identifying the Effects of Monetary Policy Shocks on Exchange Rates Using High Frequency Data

Jon Faust, John Rogers, Eric Swanson and Jonathan Wright

9659: Does Competition Encourage Credit Provision? Evidence from African Trade Credit Relationships

Raymond Fisman and Mayank Raturi

9658: Financial Crises as Herds: Overturning the Critiques

Varadarajan Chari and Patrick Kehoe

9657: Payout Policy in the 21st Century

Alon Brav, John R. Graham, Campbell Harvey and Roni Michaely

9656: Was It Stolper-Samuelson, Infant Industry or Something Else? World Trade Tariffs 1789-1938

Jeffrey Williamson

9655: The Cross Border Mergers and Acquisitions Wave of the Late 1990s

Simon Evenett

9654: Exchange Rate Regime Choice in Historical Perspective

Michael Bordo

9653: Are Idle Hands the Devil's Workshop? Incapacitation, Concentration and Juvenile Crime

Brian A. Jacob and Lars Lefgren

9652: Public Housing, Housing Vouchers and Student Achievement: Evidence from Public Housing Demolitions in Chicago

Brian A. Jacob

9651: Why Some Double Taxation Might Make Sense: The Special Case of Inter-corporate Dividends

Randall Morck

9650: Time Vs. Goods: The Value of Measuring Household Production Technologies

Reuben Gronau and Daniel Hamermesh

9649: Barriers to Entering Medical Specialties

Sean Nicholson

9648: Effectiveness of Official Daily Foreign Exchange Market Intervention Operations in Japan

Rasmus Fatum and Michael Hutchison

9647: Household Portfolios in Japan

Tokuo Iwaisako

9646: Financial Distress and Employment: The Japanese Case in the 90s

Kazuo Ogawa

9645: Sources of Funds and Investment Activities of Venture Capital Funds: Evidence from Germany, Israel, Japan and the UK

Colin Mayer, Koen Schoors and Yishay Yafeh

9644: Bank Ties and Bond Market Access: Evidence on Investment-Cash Flow Sensitivity in Japan

Patrick McGuire

9643: Unnatural Selection: Perverse Incentives and the Misallocation of Credit in Japan

Joe Peek and Eric Rosengren

9642: Idiosyncratic Risk and the Creative Destruction in Japan

Yasushi Hamao, Jianping Mei and Yexiao Xu

9641: Human Capital Externalities in Cities

Enrico Moretti

9640: Spillovers Across U.S. Financial Markets

Roberto Rigobon and Brian Sack