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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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28262: Consumer Protection for Financial Inclusion in Low and Middle Income Countries: Bridging Regulator and Academic Perspectives Downloads
Seth Garz, Xavier Gine, Dean Karlan, Rafe Mazer, Caitlin Sanford and Jonathan Zinman
28261: Self-Fulfilling Prophecies, Quasi Non-Ergodicity & Wealth Inequality Downloads
Roger Farmer and Jean-Philippe Bouchaud
28260: Pricing Currency Risks Downloads
Mikhail Chernov, Magnus Dahlquist and Lars A. Lochstoer
28259: Business-Level Expectations and Uncertainty Downloads
Nicholas Bloom, Steven Davis, Lucia Foster, Brian Lucking, Scott Ohlmacher and Itay Saporta-Eksten
28258: Aggregate-Demand Amplification of Supply Disruptions: The Entry-Exit Multiplier Downloads
Florin Bilbiie and Marc Melitz
28257: AI and Jobs: Evidence from Online Vacancies Downloads
Daron Acemoglu, David Autor, Jonathon Hazell and Pascual Restrepo
28256: Public and Private Options in Practice: The Military Health System Downloads
Michael D. Frakes, Jonathan Gruber and Timothy Justicz
28255: Are We Spending Enough on Teachers in the U.S.? Downloads
Patrick Bayer, Peter Q. Blair and Kenneth Whaley
28254: Optimal Default Options Downloads
B. Douglas Bernheim and Jonas Mueller Gastell
28253: Passive Investing and the Rise of Mega-Firms Downloads
Hao Jiang, Dimitri Vayanos and Lu Zheng
28252: Why is Intermediating Houses so Difficult? Evidence from iBuyers Downloads
Greg Buchak, Gregor Matvos, Tomasz Piskorski and Amit Seru
28251: Away from Home and Back: Coordinating (Remote) Workers in 1800 and 2020 Downloads
Réka Juhász, Mara Squicciarini and Nico Voigtländer
28250: A Thousand Cuts: Cumulative Lead Exposure Reduces Academic Achievement Downloads
Alex Hollingsworth, Mike Huang, Ivan J. Rudik and Nicholas Sanders
28249: Learning to Navigate a New Financial Technology: Evidence from Payroll Accounts Downloads
Emily Breza, Martin Kanz and Leora Klapper
28248: Why Do Sectoral Employment Programs Work? Lessons from WorkAdvance Downloads
Lawrence Katz, Jonathan Roth, Richard Hendra and Kelsey Schaberg
28247: A Macroeconomic Model of Healthcare Saturation, Inequality and the Output-Pandemia Tradeoff Downloads
Enrique Mendoza, Eugenio Rojas, Linda Tesar and Jing Zhang
28246: School Closures During the 1918 Flu Pandemic Downloads
Philipp Ager, Katherine Eriksson, Ezra Karger, Peter Nencka and Melissa Thomasson
28245: Early Career Setbacks and Women’s Career-Family Trade-Off Downloads
Itzik Fadlon, Frederik Plesner Lyngse and Torben Nielsen
28244: Estimating the Price Elasticity of Demand for Subways: Evidence from Mexico Downloads
Lucas Davis
28243: Transhumant Pastoralism, Climate Change, and Conflict in Africa Downloads
Eoin McGuirk and Nathan Nunn
28242: In the Red: Overdrafts, Payday Lending and the Underbanked Downloads
Marco Di Maggio, Angela T. Ma and Emily Williams
28241: Simple and Credible Value-Added Estimation Using Centralized School Assignment Downloads
Joshua Angrist, Peter Hull, Parag Pathak and Christopher Walters
28240: When Workers Travel: Nursing Supply During COVID-19 Surges Downloads
Joshua Gottlieb and Avi Zenilman
28239: Where Does Wealth Come From? Downloads
Sandra Black, Paul Devereux, Fanny Landaud and Kjell G Salvanes
28238: A Panel Regression Approach to Holdings-based Fund Performance Measures Downloads
Wayne Ferson and Junbo L. Wang
28237: Central Bank Digital Currency: When Price and Bank Stability Collide Downloads
Linda Schilling, Jesus Fernandez-Villaverde and Harald Uhlig
28236: Understanding Debt in the Older Population Downloads
Annamaria Lusardi, Olivia Mitchell and Noemi Oggero
28235: What Makes a Tax Evader? Downloads
Marcelo Bergolo, Martin Leites, Ricardo Perez-Truglia and Matias Strehl
28234: Social Networks Shape Beliefs and Behavior: Evidence from Social Distancing During the COVID-19 Pandemic Downloads
Michael Bailey, Drew M. Johnston, Martin Koenen, Theresa Kuchler, Dominic Russel and Johannes Stroebel
28233: The Impact of Covid-19 on Productivity Downloads
Nicholas Bloom, Philip Bunn, Paul Mizen, Pawel Smietanka and Gregory Thwaites
28232: U.S. Macro Policies and Global Economic Challenges Downloads
Joshua Aizenman and Hiro Ito
28231: Internet Access and U.S. - China Innovation Competition Downloads
Gerard Hoberg, Yuan Li and Gordon Phillips
28230: Long-Term Effects of Equal Sharing: Evidence from Inheritance Rules for Land Downloads
Charlotte Bartels, Simon Jäger and Natalie Obergruber
28229: The Accuracy of Tax Imputations: Estimating Tax Liabilities and Credits Using Linked Survey and Administrative Data Downloads
Bruce Meyer, Derek Wu, Grace Finley, Patrick Langetieg, Carla Medalia, Mark Payne and Alan Plumley
28228: Probability Assessments of an Ice-Free Arctic: Comparing Statistical and Climate Model Projections Downloads
Francis Diebold and Glenn Rudebusch
28227: A Model of Occupational Licensing and Statistical Discrimination Downloads
Peter Q. Blair and Bobby (Wing Yin) Chung
28226: Climate Finance Downloads
Stefano Giglio, Bryan T. Kelly and Johannes Stroebel
28225: The Story of the Real Exchange Rate Downloads
Oleg Itskhoki
28224: World War I and the Restructuring of International Business Downloads
Ted Fertik and Naomi R. Lamoreaux
28223: Does Eye-Tracking Have an Effect on Economic Behavior? Downloads
Jennifer Kee, Melinda Knuth, Joanna Lahey and Marco Palma
28222: Measuring Racial Discrimination in Algorithms Downloads
David Arnold, Will S. Dobbie and Peter Hull
28221: Issuance and Incidence: SNAP Benefit Cycles and Grocery Prices Downloads
Jacob Goldin, Tatiana Homonoff and Katherine Meckel
28220: Maternal Mortality Risk and Spousal Differences in the Demand for Children Downloads
Nava Ashraf, Erica M. Field, Alessandra Voena and Roberta Ziparo
28219: Who Values Future Energy Savings? Evidence from American Drivers Downloads
Arik Levinson and Lutz Sager
28218: How Well Insured are Job Losers? Efficacy of the Public Safety Net Downloads
Chloe East and David Simon
28217: Child-Driven Parenting: Differential Early Childhood Investment by Offspring Genotype Downloads
Asta Breinholt and Dalton Conley
28216: The Gender Gap Among Top Business Executives Downloads
Wolfgang Keller, Teresa Molina and William Olney
28215: Economic Analysis and Infrastructure Investment Downloads
Edward Glaeser and James Poterba
28214: Selection and Causation in the Parental Education Gradient in Health: Lessons from a Large Sample of Adoptees Downloads
Evelina Björkegren, Mikael Lindahl, Mårten Palme and Emilia Simeonova
28213: Monetary Policy and Redistribution in Open Economies Downloads
Xing Guo, Pablo Ottonello and Diego J. Perez
28212: Education and Consanguineous Marriage Downloads
Pelin Akyol and Naci Mocan
28211: Efficient Programs to Support Businesses During and After Lockdowns Downloads
Thomas Philippon
28210: Polluting Public Funds: The Effect of Environmental Regulation on Municipal Bonds Downloads
Akshaya Jha, Stephen Karolyi and Nicholas Muller
28209: Rules, Discretion, and Corruption in Procurement: Evidence from Italian Government Contracting Downloads
Francesco Decarolis, Raymond Fisman, Paolo Pinotti and Silvia Vannutelli
28208: The Value of Time in the United States: Estimates from Nationwide Natural Field Experiments Downloads
Ariel Goldszmidt, John List, Robert Metcalfe, Ian Muir, V. Smith and Jenny Wang
28207: Financial Fragility during the COVID-19 Pandemic Downloads
Robert L. Clark, Annamaria Lusardi and Olivia Mitchell
28206: Job Satisfaction Over the Life Course Downloads
David Blanchflower and Alex Bryson
28205: School’s Out: Experimental Evidence on Limiting Learning Loss Using “Low-Tech” in a Pandemic Downloads
Noam Angrist, Peter Bergman and Moitshepi Matsheng
28204: Granular Instrumental Variables Downloads
Xavier Gabaix and Ralph Koijen
28203: Revisiting the Entrepreneurial Commercialization of Academic Science: Evidence from “Twin” Discoveries Downloads
Matt Marx and David H. Hsu
28202: Police Force Size and Civilian Race Downloads
Aaron Chalfin, Benjamin Hansen, Emily K. Weisburst and Morgan C. Williams, Jr.
28201: Credit Frictions in the Great Recession Downloads
Patrick Kehoe, Pierlauro Lopez, Virgiliu Midrigan and Elena Pastorino
28200: COVID and the Economic Importance of In-Person K-12 Schooling Downloads
David Green, Ali Karimirad, Gaëlle Simard-Duplain and Henry Siu
28199: Is Air Pollution Regulation Too Lenient? Evidence from US Offset Markets Downloads
Joseph Shapiro and Reed Walker
28198: The Remarkable Growth in Financial Economics, 1974-2020 Downloads
G. Schwert
28197: Zombies at Large? Corporate Debt Overhang and the Macroeconomy Downloads
Oscar Jorda, Martin Kornejew, Moritz Schularick and Alan Taylor
28196: Cybersecurity Risk Downloads
Chris Florackis, Christodoulos Louca, Roni Michaely and Michael Weber
28195: Do Enlarged Fiscal Deficits Cause Inflation: The Historical Record Downloads
Michael Bordo and Mickey D. Levy
28194: Who Benefits From Attending Effective High Schools? Downloads
C. Kirabo Jackson, Shanette C. Porter, John Q. Easton and Sebastián Kiguel
28193: A Unified Model of Cohort Mortality for Economic Analysis Downloads
Adriana Lleras-Muney and Flavien Moreau
28192: Toward a Uniform Classification of Nurse Practitioner Scope of Practice Laws Downloads
Benjamin J. McMichael and Sara Markowitz
28191: The Career Evolution of the Sex Gap in Wages: Discrimination vs. Human Capital Investment Downloads
David Neumark and Giannina Vaccaro
28190: The Political Economy of Deep Integration Downloads
Giovanni Maggi and Ralph Ossa
28189: Horizonal Merger Analysis Downloads
Louis Kaplow
28188: Effects of English Learner Reclassification Policies on Academic Trajectories Downloads
Julian Betts, Laura Hill, Karen Bachofer, Joseph Hayes, Andrew Lee and Andrew Zau
28187: Modern US Workers’ Compensation and Work-Related Injury: No Evidence of Moral Hazard Downloads
Emiliano Huet-Vaughn and Youssef Benzarti
28186: A Theory of the Nominal Character of Stock Securities Downloads
Bernard Dumas and Marcel Savioz
28185: Firms' Exposures to Geographic Risks Downloads
Bernard Dumas, Tymur Gabuniya and Richard C. Marston
28184: Common Shocks in Stocks and Bonds Downloads
Anna Cieslak and Hao Pang
28183: Gender Differences in Negotiation and Policy for Improvement Downloads
Maria Recalde and Lise Vesterlund
28182: Stay-at-Home Orders in a Fiscal Union Downloads
Mario Crucini and Oscar O'Flaherty
28181: Urban Mortality and the Repeal of Federal Prohibition Downloads
David Jacks, Krishna Pendakur and Hitoshi Shigeoka
28180: The Effect of Computer-Assisted Learning on Students' Long-Term Development Downloads
Nicola Bianchi, Yi Lu and Hong Song
28179: The Impact of Organizational Boundaries on Healthcare Coordination and Utilization Downloads
Leila Agha, Keith Ericson and Xiaoxi Zhao
28178: Dynamical Structure and Spectral Properties of Input-Output Networks Downloads
Ernest Liu and Aleh Tsyvinski
28177: GDP, Wellbeing, and Health: Thoughts on the 2017 Round of the International Comparison Program Downloads
Angus Deaton and Paul Schreyer
28176: Divided We Fall: International Health and Trade Coordination During a Pandemic Downloads
Viral Acharya, Zhengyang Jiang, Robert Richmond and Ernst-Ludwig von Thadden
28175: The Distributional Effects of Student Loan Forgiveness Downloads
Sylvain Catherine and Constantine Yannelis
28174: TFPR: Dispersion and Cyclicality Downloads
Russell Cooper and Özgen Öztürk
28173: Do State Tobacco 21 Laws Work? Downloads
Calvin Bryan, Benjamin Hansen, Drew McNichols and Joseph J. Sabia
28172: Did COVID-19 Change Life Insurance Offerings? Downloads
Timothy F. Harris, Aaron Yelowitz and Charles Courtemanche
28171: Natural Barriers and Policy Barriers Downloads
Yang Jiao and Shang-Jin Wei
28170: The Rise of State-Connected Private Owners in China Downloads
Chong-En Bai, Chang-Tai Hsieh, Zheng Michael Song and Xin Wang
28169: Labor Market Implications of Education MisMatch Downloads
Carla Varona Cervantes and Russell Cooper
28168: Designing Advance Market Commitments for New Vaccines Downloads
Michael Kremer, Jonathan Levin and Christopher Snyder
28167: Jim Crow in the Saddle: The Expulsion of African American Jockeys from American Racing Downloads
Michael Leeds and Hugh Rockoff
28166: How Spillovers from Appointment Reminders Improve Health Clinic Efficiency Downloads
Claire E. Boone, Pablo Celhay, Paul Gertler, Tadeja Gracner and Josefina Rodriguez
28165: Estimating Preferences for Neighborhood Amenities Under Imperfect Information Downloads
Fernando Ferreira and Maisy Wong
28164: Gender Identity, Race, and Ethnicity-based Discrimination in Access to Mental Health Care: Evidence from an Audit Correspondence Field Experiment Downloads
Luca Fumarco, Benjamin Harrell, Patrick Button, David Schwegman and E Dils
28163: Local Sectoral Specialization in a Warming World Downloads
Bruno Conte, Klaus Desmet, David Nagy and Esteban Rossi-Hansberg
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