NBER Working Papers

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27011: The Roots of Agricultural Innovation: Patent Evidence of Knowledge Spillovers

Matthew Clancy, Paul Heisey, Yongjie Ji and GianCarlo Moschini

27010: Spending Less After (Seemingly) Bad News

Mark Garmaise, Yaron Levi and Hanno Lustig

27009: Covid-19 Infection Externalities: Trading Off Lives vs. Livelihoods

Zachary A. Bethune and Anton Korinek

27008: Risk Perception Through the Lens of Politics in the Time of the COVID-19 Pandemic

John Barrios and Yael Hochberg

27007: Policy Implications of Models of the Spread of Coronavirus: Perspectives and Opportunities for Economists

Christopher Avery, William Bossert, Adam Clark, Glenn Ellison and Sara Fisher Ellison

27006: No Line Left Behind: Assortative Matching Inside the Firm

Achyuta Adhvaryu, Vittorio Bassi, Anant Nyshadham and Jorge A. Tamayo

27005: Countervailing Market Power and Hospital Competition

Eric Barrette, Gautam Gowrisankaran and Robert Town

27004: Shotgun Wedding: Fiscal and Monetary Policy

Marco Bassetto and Thomas Sargent

27003: What’s up with the Phillips Curve?

Marco Del Negro, Michele Lenza, Giorgio Primiceri and Andrea Tambalotti

27002: Some Unpleasant Markup Arithmetic: Production Function Elasticities and their Estimation from Production Data

Stephen Bond, Arshia Hashemi, Greg Kaplan and Piotr Żoch

27001: Energy Markets and Global Economic Conditions

Christiane Baumeister, Dimitris Korobilis and Thomas K. Lee

27000: Optimal Regulation of E-cigarettes: Theory and Evidence

Hunt Allcott and Charlie Rafkin

26999: Measuring Racial Discrimination in Bail Decisions

David Arnold, Will S. Dobbie and Peter Hull

26998: Ageing-Driven Migration and Redistribution: Comparing Policy Regimes

Assaf Razin and Alexander Horst Schwemmer

26997: Sticky Capital Controls

Miguel Acosta-Henao, Laura Alfaro and Andrés Fernández Martin

26996: Distributing Personal Income: Trends Over Time

Dennis Fixler, Marina Gindelsky and David Johnson

26995: The Macroeconomic Stabilization of Tariff Shocks: What is the Optimal Monetary Response?

Paul Bergin and Giancarlo Corsetti

26994: Do People Have a Bias for Low-Deductible Insurance?

Howard Kunreuther and Mark Pauly

26993: In Praise of Moderation: Suggestions for the Scope and Use of Pre-Analysis Plans for RCTs in Economics

Abhijit Banerjee, Esther Duflo, Amy Finkelstein, Lawrence Katz, Benjamin Olken and Anja Sautmann

26992: Did California’s Shelter-in-Place Order Work? Early Coronavirus-Related Public Health Effects

Andrew Friedson, Drew McNichols, Joseph J. Sabia and Dhaval Dave

26991: Three Prongs for Prudent Climate Policy

Joseph Aldy and Richard Zeckhauser

26990: The Geographic Spread of COVID-19 Correlates with the Structure of Social Networks as Measured by Facebook

Theresa Kuchler, Dominic Russel and Johannes Stroebel

26989: How Are Small Businesses Adjusting to COVID-19? Early Evidence from a Survey

Alexander Bartik, Marianne Bertrand, Zoë B. Cullen, Edward Glaeser, Michael Luca and Christopher T. Stanton

26988: The Evolving Consequences of OxyContin Reformulation on Drug Overdoses

David Powell and Rosalie Pacula

26987: COVID-19 and The Macroeconomic Effects of Costly Disasters

Sydney Ludvigson, Sai Ma and Serena Ng

26986: The Wealth Decumulation Behavior of the Retired Elderly in Italy: The Importance of Bequest Motives and Precautionary Saving

Luigi Ventura and Charles Yuji Horioka

26985: Risk Sharing Externalities

Luigi Bocola and Guido Lorenzoni

26984: Optimal Mitigation Policies in a Pandemic: Social Distancing and Working from Home

Callum Jones, Thomas Philippon and Venky Venkateswaran

26983: COVID-Induced Economic Uncertainty

Scott Baker, Nicholas Bloom, Steven Davis and Stephen Terry

26982: Social Distancing, Internet Access and Inequality

Lesley Chiou and Catherine Tucker

26981: A Simple Planning Problem for COVID-19 Lockdown

Fernando E. Alvarez, David Argente and Francesco Lippi

26980: Rising Burdens of Proofs and The Grand Bargain of Workers’ Compensation Laws

Andy Yuan and Price Fishback

26979: Every Day is Earth Day: Evidence on the Long-term Impact of Environmental Activism

Daniel M. Hungerman and Vivek Moorthy

26978: Effects of the Affordable Care Act Dependent Coverage Mandate on Health Insurance Coverage for Individuals in Same-Sex Couples

Christopher Carpenter, Gilbert Gonzales, Tara McKay and Dario Sansone

26977: News that Takes Your Breath Away: Risk Perceptions During an Outbreak of Vaping-related Lung Injuries

Dhaval Dave, Daniel Dench, Donald Kenkel, Alan Mathios and Hua Wang

26976: The Impact of Benefit Generosity on Workers’ Compensation Claims: Evidence and Implications

Marika Cabral and Marcus Dillender

26975: Relief Rally: Senators As Feckless As the Rest of Us at Stock Picking

William Belmont, Bruce Sacerdote, Ranjan Sehgal and Ian Van Hoek

26974: The Implications of Heterogeneity and Inequality for Asset Pricing

Stavros Panageas

26973: Should Germany Have Built a New Wall? Macroeconomic Lessons from the 2015-18 Refugee Wave

Christopher Busch, Dirk Krueger, Alexander Ludwig, Irina Popova and Zainab Iftikhar

26972: Beyond Cobb-Douglas: Flexibly Estimating Matching Functions with Unobserved Matching Efficiency

Fabian Lange and Theodore Papageorgiou

26971: Firm-Level Exposure to Epidemic Diseases: COVID-19, SARS, and H1N1

Tarek Alexander Hassan, Stephan Hollander, Laurence van Lent, Markus Schwedeler and Ahmed Tahoun

26970: Generalized Robustness and Dynamic Pessimism

Pascal J. Maenhout, Andrea Vedolin and Hao Xing

26969: Understanding “Wage Theft”: Evasion and Avoidance Responses to Minimum Wage Increases

Jeffrey Clemens and Michael Strain

26968: Do Investors Care about Carbon Risk?

Patrick Bolton and Marcin Kacperczyk

26967: Diminishing Marginal Returns to Computer-Assisted Learning

Eric Bettinger, Robert Fairlie, Anastasia Kapuza, Elena Kardanova, Prashant Loyalka and Andrey Zakharov

26966: Presence and Persistence of Poverty in U.S. Tax Data

Jeff Larrimore, Jacob Mortenson and David Splinter

26965: How Deadly Is COVID-19? Understanding The Difficulties With Estimation Of Its Fatality Rate

Andrew Atkeson

26964: Technological Innovation and Labor Income Risk

Leonid Kogan, Dimitris Papanikolaou, Lawrence D. W. Schmidt and Jae Song

26963: Reversing Reserves

Parag Pathak, Alex Rees-Jones and Tayfun Sönmez

26962: Disasters Everywhere: The Costs of Business Cycles Reconsidered

Oscar Jorda, Moritz Schularick and Alan Taylor

26961: Expanding and Diversifying the Pool of Undergraduates who Study Economics: Insights from a New Introductory Course at Harvard

Amanda Bayer, Gregory Bruich, Raj Chetty and Andrew Housiaux

26960: International Trade and Social Connectedness

Michael Bailey, Abhinav Gupta, Sebastian Hillenbrand, Theresa Kuchler, Robert Richmond and Johannes Stroebel

26959: The Labor Market Returns to Advanced Degrees

Joseph Altonji and Ling Zhong

26958: Why Are Corporate Payouts So High in the 2000s?

Kathleen Kahle and René M. Stulz

26957: Is Fish Brain Food or Brain Poison? Sea Surface Temperature, Methyl-mercury and Child Cognitive Development

Mark Rosenzweig and Rafael J. Santos Villagran

26956: The Value of Urgency: Evidence from Real-Time Congestion Pricing

Antonio Bento, Kevin Roth and Andrew Waxman

26955: Labor Market Polarization and The Great Urban Divergence

Donald Davis, Eric Mengus and Tomasz Michalski

26954: U.S. Economic Activity During the Early Weeks of the SARS-Cov-2 Outbreak

Daniel Lewis, Karel Mertens and James H. Stock

26953: Isolating the “Tech” from EdTech: Experimental Evidence on Computer Assisted Learning in China

Yue Ma, Robert Fairlie, Prashant Loyalka and Scott Rozelle

26952: Demographic Determinants of Testing Incidence and COVID-19 Infections in New York City Neighborhoods

George Borjas

26951: Leaving No Ethical Value Behind: Triage Protocol Design for Pandemic Rationing

Parag Pathak, Tayfun Sönmez, Utku Unver and M. Bumin Yenmez

26950: Aggregate and Firm-Level Stock Returns During Pandemics, in Real Time

Laura Alfaro, Anusha Chari, Andrew Greenland and Peter K. Schott

26949: How Does Household Spending Respond to an Epidemic? Consumption During the 2020 COVID-19 Pandemic

Scott Baker, R.A. Farrokhnia, Steffen Meyer, Michaela Pagel and Constantine Yannelis

26948: How Many Jobs Can be Done at Home?

Jonathan Dingel and Brent Neiman

26947: The Impact of COVID-19 on Gender Equality

Titan Alon, Matthias Doepke, Jane Olmstead-Rumsey and Michele Tertilt

26946: Polarization and Public Health: Partisan Differences in Social Distancing during the Coronavirus Pandemic

Hunt Allcott, Levi Boxell, Jacob Conway, Matthew Gentzkow, Michael Thaler and David Yang

26945: The Unprecedented Stock Market Impact of COVID-19

Scott Baker, Nicholas Bloom, Steven Davis, Kyle J. Kost, Marco C. Sammon and Tasaneeya Viratyosin

26944: Quitting in Protest: Presidential Policymaking and Civil Service Response

Charles Cameron and John M. de Figueiredo

26943: The Murder-Suicide of the Rentier: Population Aging and the Risk Premium

Joseph Kopecky and Alan Taylor

26942: Is the Social Safety Net a Long-Term Investment? Large-Scale Evidence from the Food Stamps Program

Martha Bailey, Hilary W. Hoynes, Maya Rossin-Slater and Reed Walker

26941: The Saving Glut of the Rich

Atif Mian, Ludwig Straub and Amir Sufi

26940: Indebted Demand

Atif Mian, Ludwig Straub and Amir Sufi

26939: Decomposing the Fiscal Multiplier

James Cloyne, Oscar Jorda and Alan Taylor

26938: Social Insurance and Public Assistance in the Twentieth-Century United States: 2019 Presidential Address for the Economic History Association

Price Fishback

26937: The Rise of American Minimum Wages, 1912-1968

Price Fishback and Andrew Seltzer

26936: Discrimination, Migration, and Economic Outcomes: Evidence from World War I

Andreas Ferrara and Price Fishback

26935: Estimating Macroeconomic Models of Financial Crises: An Endogenous Regime-Switching Approach

Gianluca Benigno, Andrew Foerster, Christopher Otrok and Alessandro Rebucci

26934: Longer-run Economic Consequences of Pandemics

Oscar Jorda, Sanjay R. Singh and Alan Taylor

26933: Changes in Assortative Matching and Inequality in Income: Evidence for the UK

Pierre Chiappori, Monica Costa Dias, Sam Crossman and Costas Meghir

26932: Changes in Assortative Matching: Theory and Evidence for the US

Pierre Chiappori, Monica Costa Dias and Costas Meghir

26931: Culture and Gender Allocation of Tasks: Source Country Characteristics and the Division of Non-market Work among US Immigrants

Francine Blau, Lawrence Kahn, Matthew L. Comey, Amanda R. Eng, Pamela A. Meyerhofer and Alexander Willén

26930: How Political Insiders Lose Out When International Aid Underperforms: Evidence from a Participatory Development Experiment in Ghana

Kate Baldwin, Dean Karlan, Christopher Udry and Ernest Appiah

26929: The Brazilian Bombshell? The Long-Term Impact of the 1918 Influenza Pandemic the South American Way

Amanda Guimbeau, Nidhiya Menon and Aldo Musacchio

26928: The Unintended Consequences of NGO-Provided Aid on Government Services in Uganda

Erika Deserranno, Aisha Nansamba and Nancy Qian

26927: Where Has All the Data Gone?

Maryam Farboodi, Adrien Matray, Laura Veldkamp and Venky Venkateswaran

26926: The Economic Impact of a High National Minimum Wage: Evidence from the 1966 Fair Labor Standards Act

Martha Bailey, John DiNardo and Bryan A. Stuart

26925: Public Information is an Incentive for Politicians: Experimental Evidence from Delhi Elections

Abhijit Banerjee, Nils Enevoldsen, Rohini Pande and Michael Walton

26924: Productivity Dispersion and Persistence Among the World's Most Numerous Firms

Casey C. Maue, Marshall Burke and Kyle Emerick

26923: The Economics of Tobacco Regulation: A Comprehensive Review

Philip DeCicca, Donald Kenkel and Michael Lovenheim

26922: Rational Heuristics? Expectations and Behaviors in Evolving Economies with Heterogeneous Interacting Agents

Giovanni Dosi, Mauro Napoletano, Andrea Roventini, Joseph Stiglitz and Tania Treibich

26921: Environmental Preferences and Technological Choices: Is Market Competition Clean or Dirty?

Philippe Aghion, Roland Benabou, Ralf Martin and Alexandra Roulet

26920: What Explains the Gender Gap in Wealth? Evidence from Administrative Data

Jaanika Meriküll, Merike Kukk and Tairi Room

26919: Pareto-Improving Carbon-Risk Taxation

Laurence Kotlikoff, Felix Kubler, Andrey Polbin and Simon Scheidegger

26918: Macroeconomic Implications of COVID-19: Can Negative Supply Shocks Cause Demand Shortages?

Veronica Guerrieri, Guido Lorenzoni, Ludwig Straub and Iván Werning

26917: The Coronavirus Epidemic Curve is Already Flattening in New York City

Jeffrey E. Harris

26916: Expectations, reference points, and compliance with COVID-19 social distancing measures

Guglielmo Briscese, Nicola Lacetera, Mario Macis and Mirco Tonin

26915: A Fisherian Approach to Financial Crises: Lessons from the Sudden Stops Literature

Javier Bianchi and Enrique Mendoza

26914: The Gender Gap in Housing Returns

Paul Goldsmith-Pinkham and Kelly Shue

26913: On the Representativeness of Voter Turnout

Louis Kaplow and Scott Kominers

26912: The Economics of Nicotine Consumption

Dean R. Lillard