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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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27627: Understanding the German Criticism of the Target System and the Role of Central Bank capital Downloads
Roberto Perotti
27626: Do State Earned Income Tax Credits Increase Participation in the Federal EITC? Downloads
David Neumark and Katherine E. Williams
27625: The Macroeconomic Consequences of Infrastructure Investment Downloads
Valerie Ramey
27624: Information Frictions and Access to the Paycheck Protection Program Downloads
Christopher Neilson, John Humphries and Gabriel Ulyssea
27623: When Should Public Programs be Privately Administered? Theory and Evidence from the Paycheck Protection Program Downloads
Alexander Bartik, Zoe B. Cullen, Edward Glaeser, Michael Luca, Christopher T. Stanton and Adi Sunderam
27622: Efficient Redistribution Downloads
Corina Boar and Virgiliu Midrigan
27621: Effects of State COVID-19 Closure Policy on NON-COVID-19 Health Care Utilization Downloads
Engy Ziedan, Kosali Simon and Coady Wing
27620: Immigration and Violent Crime: Evidence from the Colombia-Venezuela Border Downloads
Brian Knight and Ana Tribin
27619: Local Access to Mental Healthcare and Crime Downloads
Monica Deza, Johanna Maclean and Keisha T. Solomon
27618: Intergenerational and Sibling Spillovers in High School Majors Downloads
Gordon Dahl, Dan-Olof Rooth and Anders Stenberg
27617: Initial Impacts of the Pandemic on Consumer Behavior: Evidence from Linked Income, Spending, and Savings Data Downloads
Natalie Bachas, Peter Ganong, Pascal J. Noel, Joseph Vavra, Arlene Wong, Diana Farrell and Fiona E. Greig
27616: The Impact of Social Security on Pension Claiming and Retirement: Active vs. Passive Decisions Downloads
Rafael Lalive, Arvind Magesan and Stefan Staubli
27615: A Quantity-Driven Theory of Term Premia and Exchange Rates Downloads
Robin Greenwood, Samuel Hanson, Jeremy Stein and Adi Sunderam
27614: Rule of Law in Labor Relations, 1898-1940 Downloads
Price Fishback
27613: Measuring the labor market at the onset of the COVID-19 crisis Downloads
Alexander Bartik, Marianne Bertrand, Feng Lin, Jesse Rothstein and Matt Unrath
27612: Collaborating During Coronavirus: The Impact of COVID-19 on the Nature of Work Downloads
Evan DeFilippis, Stephen Michael Impink, Madison Singell, Jeffrey T. Polzer and Raffaella Sadun
27611: Twenty Year Economic Impacts of Deworming Downloads
Joan Hamory, Edward Miguel, Michael Walker, Michael Kremer and Sarah Baird
27610: A Dynamic Theory of Lending Standards Downloads
Michael J. Fishman, Jonathan Parker and Ludwig Straub
27609: At What Level Should One Cluster Standard Errors in Paired and Small-Strata Experiments? Downloads
Clément de Chaisemartin and Jaime Ramirez-Cuellar
27608: Nursing Home Staff Networks and COVID-19 Downloads
M. Keith Chen, Judith Chevalier and Elisa F. Long
27607: Regulatory Arbitrage in Teacher Hiring and Retention: Evidence from Massachusetts Charter Schools Downloads
Jesse M. Bruhn, Scott Imberman and Marcus A. Winters
27606: Challenges of Change: An Experiment Promoting Women to Managerial Roles in the Bangladeshi Garment Sector Downloads
Rocco Macchiavello, Andreas Menzel, Atonu Rabbani and Christopher Woodruff
27605: Startups, Unicorns, and the Local Inflow of Inventors Downloads
Benjamin Balsmeier, Lee Fleming, Matt Marx and Seungryul Ryan Shin
27604: COVID-19 Prevention and Air Pollution in the Absence of a Lockdown Downloads
Hung-Hao Chang, Chad Meyerhoefer and Feng-An Yang
27603: Co-Benefits and Regulatory Impact Analysis: Theory and Evidence from Federal Air Quality Regulations Downloads
Joseph Aldy, Matthew Kotchen, Mary Evans, Meredith Fowlie, Arik Levinson and Karen Palmer
27602: Designing Disability Insurance Reforms: Tightening Eligibility Rules or Reducing Benefits Downloads
Andreas Haller, Stefan Staubli and Josef Zweimüller
27601: The Risk of Being a Fallen Angel and the Corporate Dash for Cash in the Midst of COVID Downloads
Viral Acharya and Sascha Steffen
27600: Randomization in the Tropics Revisited: a Theme and Eleven Variations Downloads
Angus Deaton
27599: Valuing the Global Mortality Consequences of Climate Change Accounting for Adaptation Costs and Benefits Downloads
Tamma A. Carleton, Amir Jina, Michael T. Delgado, Michael Greenstone, Trevor Houser, Solomon M. Hsiang, Andrew Hultgren, Robert Kopp, Kelly E. McCusker, Ishan B. Nath, James Rising, Ashwin Rode, Hee Kwon Seo, Arvid Viaene, Jiacan Yuan and Alice Tianbo Zhang
27598: Patent Quality: Towards a Systematic Framework for Analysis and Measurement Downloads
Kyle Higham, Gaétan de Rassenfosse and Adam Jaffe
27597: Assessing the Age Specificity of Infection Fatality Rates for COVID-19: Systematic Review, Meta-analysis, & Public Policy Implications Downloads
Andrew Levin, William P. Hanage, Nana Owusu-Boaitey, Kensington B. Cochran, Seamus P. Walsh and Gideon Meyerowitz-Katz
27596: "Quick Response" Economic Stimulus: The Effect of Small-Value Digital Coupons on Spending Downloads
Jianwei Xing, Eric Zou, Zhentao Yin, Yong Wang and Zhenhua Li
27595: Bargaining over Taxes and Entitlements Downloads
Marina Azzimonti, Gabriel Mihalache and Laura Karpuska
27594: RCTs to Scale: Comprehensive Evidence from Two Nudge Units Downloads
Stefano DellaVigna and Elizabeth Linos
27593: Does Joining the S&P 500 Index Hurt Firms? Downloads
Benjamin Bennett, René M. Stulz and Zexi Wang
27592: Racial and Ethnic Disparities in COVID-19: Evidence from Six Large Cities Downloads
Joseph A. Benitez, Charles Courtemanche and Aaron Yelowitz
27591: The Leveraging of Silicon Valley Downloads
Jesse Davis, Adair Morse and Xinxin Wang
27590: Learning Epidemiology by Doing: The Empirical Implications of a Spatial-SIR Model with Behavioral Responses Downloads
Alberto Bisin and Andrea Moro
27589: Does the Commodity Super Cycle Matter? Downloads
Andrés Fernández Martin, Stephanie Schmitt-Grohe and Martín Uribe
27588: The Role of Assets In Place: Loss of Market Exclusivity and Investment Downloads
Matthew Higgins, Mathias Kronlund, Ji Min Park and Joshua Pollet
27587: International Friends and Enemies Downloads
Benny Kleinman, Ernest Liu and Stephen Redding
27586: The Ends of 27 Big Depressions Downloads
Martin Ellison, Sang Seok Lee and Kevin O'Rourke
27585: Why Do Borrowers Default on Mortgages? Downloads
Peter Ganong and Pascal J. Noel
27584: How Do Prescription Drug Monitoring Programs Reduce Opioid Prescribing? The Role of Hassle Costs versus Information Downloads
Abby E. Alpert, Sarah E. Dykstra and Mireille Jacobson
27583: Social Protection amidst Social Upheaval: Examining the Impact of a Multi-Faceted Program for Ultra-Poor Households in Yemen Downloads
Lasse Brune, Dean Karlan, Sikandra Kurdi and Christopher Udry
27582: Using Tax Data to Better Capture Top Incomes in Official UK Income Inequality Statistics Downloads
Dominic Webber, Richard Tonkin and Martin Shine
27581: Age Discrimination across the Business Cycle Downloads
Gordon Dahl and Matthew Knepper
27580: Heterogeneous Paths of Industrialization Downloads
Federico Huneeus and Richard Rogerson
27579: Investing in Ex Ante Regulation: Evidence from Pharmaceutical Patent Examination Downloads
Michael D. Frakes and Melissa F. Wasserman
27578: Mortality Effects and Choice Across Private Health Insurance Plans Downloads
Jason Abaluck, Mauricio M. Caceres Bravo, Peter Hull and Amanda Starc
27577: Conflicting Interests and the Effect of Fiduciary Duty — Evidence from Variable Annuities Downloads
Mark L. Egan, Shan Ge and Johnny Tang
27576: The Aggregate Effects of Fiscal Stimulus: Evidence from the COVID-19 Unemployment Supplement Downloads
Miguel Garza Casado, Britta Glennon, Julia Lane, David McQuown, Daniel Rich and Bruce Weinberg
27575: How Much to Save? Decision Costs and Retirement Plan Participation Downloads
Jacob Goldin, Tatiana Homonoff, Richard Patterson and William Skimmyhorn
27574: Do Unemployment Insurance Benefits Improve Match and Employer Quality? Evidence from Recent U.S. Recessions Downloads
Ammar Farooq, Adriana Kugler and Umberto Muratori
27573: Out of Sight No More? The Effect of Fee Disclosures on 401(k) Investment Allocations Downloads
Mathias Kronlund, Veronika K. Pool, Clemens Sialm and Irina Stefanescu
27572: Experienced Segregation Downloads
Susan Athey, Billy A. Ferguson, Matthew Gentzkow and Tobias Schmidt
27571: Understanding the Revenue Potential of Tax Compliance Investment Downloads
Natasha Sarin and Lawrence Summers
27570: Expanding Access to Clean Water for the Rural Poor: Experimental Evidence from Malawi Downloads
Pascaline Dupas, Basimenye Nhlema, Zachary Wagner, Aaron Wolf and Emily Wroe
27569: Financing Municipal Water and Sanitation Services in Nairobi’s Informal Settlements Downloads
Aidan Coville, Sebastian Galiani, Paul Gertler and Susumu Yoshida
27568: Occupational Licensing and Labor Market Fluidity Downloads
Morris M. Kleiner and Ming Xu
27567: The Dynamics of the Smoking Wage Penalty Downloads
Michael Darden, Julie Hotchkiss and Melinda Pitts
27566: Projecting Unemployment Durations: A Factor-Flows Simulation Approach With Application to the COVID-19 Recession Downloads
Gabriel Chodorow-Reich and John Coglianese
27565: Firms, Failures, and Fluctuations: The Macroeconomics of Supply Chain Disruptions Downloads
Daron Acemoglu and Alireza Tahbaz-Salehi
27564: The Spillover Impact of Index Insurance on Agricultural Investment by Cotton Farmers in Burkina Faso Downloads
Quentin Stoeffler, Michael Carter, Catherine Guirkinger and Wouter Gelade
27563: Insurance Design and Pharmaceutical Innovation Downloads
Leila Agha, Soomi Kim and Danielle Li
27562: Unintended Consequences of Lockdowns: COVID-19 and the Shadow Pandemic Downloads
Saravana Ravindran and Manisha Shah
27561: A Brief Introduction to Human Capital Measures Downloads
Gang Liu and Barbara M. Fraumeni
27560: Measuring Movement and Social Contact with Smartphone Data: A Real-Time Application to COVID-19 Downloads
Victor Couture, Jonathan Dingel, Allison E. Green, Jessie Handbury and Kevin Williams
27559: Financial Fragility in the COVID-19 Crisis: The Case of Investment Funds in Corporate Bond Markets Downloads
Antonio Falato, Itay Goldstein and Ali Hortacsu
27558: China’s Foreign Trade and Investment, 1800-1950 Downloads
Wolfgang Keller and Carol H. Shiue
27557: A Graphical Lasso Approach to Estimating Network Connections: The Case of U.S. Lawmakers Downloads
Marco Battaglini, Forrest W. Crawford, Eleonora Patacchini and Sida Peng
27556: Bounds on a Slope from Size Restrictions on Economic Shocks Downloads
Marco Stenborg Petterson, David Seim and Jesse Shapiro
27555: Inequality in Household Adaptation to Schooling Shocks: Covid-Induced Online Learning Engagement in Real Time Downloads
Andrew Bacher-Hicks, Joshua Goodman and Christine Mulhern
27554: Should the Randomistas (Continue to) Rule? Downloads
Martin Ravallion
27553: An Ounce of Prevention Downloads
Joseph Newhouse
27552: Wealth, Race, and Consumption Smoothing of Typical Income Shocks Downloads
Peter Ganong, Damon Jones, Pascal J. Noel, Fiona E. Greig, Diana Farrell and Chris Wheat
27551: Mutual Fund Performance and Flows During the COVID-19 Crisis Downloads
Lubos Pastor and M. Blair Vorsatz
27550: Federal Aid to School Districts During the COVID-19 Recession Downloads
Nora Gordon and Sarah J. Reber
27549: Inequality and the Coronavirus: Socioeconomic Covariates of Behavioral Responses and Viral Outcomes Across US Counties Downloads
Caitlin Brown and Martin Ravallion
27548: Hard and Soft Skills in Vocational Training: Experimental Evidence from Colombia Downloads
Felipe Barrera-Osorio, Adriana Kugler and Mikko I. Silliman
27547: Bank Complexity, Governance, and Risk Downloads
Ricardo Correa and Linda Goldberg
27546: Policy Evaluation with Multiple Instrumental Variables Downloads
Magne Mogstad, Alexander Torgovitsky and Christopher Walters
27545: Heterogeneous Effects of State Enterprise Zone Programs in the Shorter Run and Longer Run Downloads
David Neumark and Timothy Young
27544: The Opioid Epidemic Was Not Caused by Economic Distress But by Factors that Could be More Rapidly Addressed Downloads
Janet Currie and Hannes Schwandt
27543: Teacher-to-Classroom Assignment and Student Achievement Downloads
Bryan Graham, Geert Ridder, Petra Thiemann and Gema Zamarro
27542: How Hurricanes Sweep Up Housing Markets: Evidence from Florida Downloads
Joshua Graff Zivin, Yanjun Liao and Yann Panassie
27541: Financing Outdoor Recreation Downloads
Spencer Banzhaf and V. Smith
27540: Strategic Interactions in U.S. Monetary and Fiscal Policies Downloads
Xiaoshan Chen, Eric Leeper and Campbell Leith
27539: The Impact of State Tobacco Control Spending on High School Student Vaping Downloads
John Tauras, Megan C. Diaz, Barbara Schillo and Donna Vallone
27538: How Do Restrictions on High-Skilled Immigration Affect Offshoring? Evidence from the H-1B Program Downloads
Britta Glennon
27537: Kicking the Can Down the Road: Government Interventions in the European Banking Sector Downloads
Viral Acharya, Lea Borchert, Maximilian Jager and Sascha Steffen
27536: Dynamic Oligopoly and Price Stickiness Downloads
Olivier Wang and Iván Werning
27535: Non est Disputandum de Generalizability? A Glimpse into The External Validity Trial Downloads
John List
27534: Relabeling, Retirement and Regret Downloads
Jonathan Gruber, Ohto Kanninen and Terhi Ravaska
27533: Concentration Screens for Horizontal Mergers Downloads
Volker Nocke and Michael Whinston
27532: Adaptive Control of COVID-19 Outbreaks in India: Local, Gradual, and Trigger-based Exit Paths from Lockdown Downloads
Anup Malani, Satej Soman, Sam Asher, Paul Novosad, Clément Imbert, Vaidehi Tandel, Anish Agarwal, Abdullah Alomar, Arnab Sarker, Devavrat Shah, Dennis Shen, Jonathan Gruber, Stuti Sachdeva, David Kaiser and Luis M.A. Bettencourt
27531: Private Precaution and Public Restrictions: What Drives Social Distancing and Industry Foot Traffic in the COVID-19 Era? Downloads
Christopher Cronin and William Evans
27530: The Impact of the WWI Agricultural Boom and Bust on Female Opportunity Cost and Fertility Downloads
Carl Kitchens and Luke P. Rodgers
27529: The Real Effects of Modern Information Technologies: Evidence from the EDGAR Implementation Downloads
Itay Goldstein, Shijie Yang and Luo Zuo
27528: Identification and Estimation of Undetected COVID-19 Cases Using Testing Data from Iceland Downloads
Karl M. Aspelund, Michael C. Droste, James Stock and Christopher D. Walker
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