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NBER Working Papers

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17318: How Reliable are De Facto Exchange Rate Regime Classifications? Downloads
Barry Eichengreen and Raul Razo-Garcia
17317: Fiscal Volatility Shocks and Economic Activity Downloads
Jesus Fernandez-Villaverde, Pablo Guerron, Keith Kuester and Juan F Rubio-Ramirez
17316: Vertical Integration and Optimal Reimbursement Policy Downloads
Christopher Afendulis and Daniel Kessler
17315: Complex Mortgages Downloads
Gene Amromin, Jennifer Huang, Clemens Sialm and Edward Zhong
17314: How the West 'Invented' Fertility Restriction Downloads
Nico Voigtländer and Hans-Joachim Voth
17313: Labor Market Dysfunction During the Great Recession Downloads
Kyle Herkenhoff and Lee Ohanian
17312: Why didn't Canada have a banking crisis in 2008 (or in 1930, or 1907, or...)? Downloads
Michael Bordo, Angela Redish and Hugh Rockoff
17311: Credit Shocks and Aggregate Fluctuations in an Economy with Production Heterogeneity Downloads
Aubhik Khan and Julia Thomas
17310: Is there a Link Between Foreclosure and Health? Downloads
Janet Currie and Erdal Tekin
17309: Free to Punish? The American Dream and the Harsh Treatment of Criminals Downloads
Rafael Di Tella and Juan Dubra
17308: The Impact of Trade on Organization and Productivity Downloads
Lorenzo Caliendo and Esteban Rossi-Hansberg
17307: Internal Migration in the United States Downloads
Raven Molloy, Christopher Smith and Abigail Wozniak
17306: A Political Theory of Populism Downloads
Daron Acemoglu, Georgy Egorov and Konstantin Sonin
17305: Japanese Government Debt and Sustainability of Fiscal Policy Downloads
Takero Doi, Takeo Hoshi and Tatsuyoshi Okimoto
17304: Estimating the Gains from Trade in the Market for Innovation: Evidence from the Transfer of Patents Downloads
Carlos Serrano
17303: Pay Cuts for the Boss: Executive Compensation in the 1940s Downloads
Carola Frydman and Raven Molloy
17302: The Effect of Pollution on Labor Supply: Evidence from a Natural Experiment in Mexico City Downloads
Rema Hanna and Paulina Oliva
17301: Natural Expectations, Macroeconomic Dynamics, and Asset Pricing Downloads
Andreas Fuster, Benjamin Hebert and David Laibson
17300: Do Hospitals Cross Subsidize? Downloads
Guy David, Richard Lindrooth, Lorens A. Helmchen and Lawton R. Burns
17299: Inefficient Provision of Liquidity Downloads
Oliver Hart and Luigi Zingales
17298: The "CAPS" Prediction System and Stock Market Returns Downloads
Christopher Avery, Judith Chevalier and Richard Zeckhauser
17297: Building Peace: The Impact of Aid on the Labor Market for Insurgents Downloads
Radha Iyengar, Jonathan Monten and Matthew Hanson
17296: Capital Mobility and Asset Pricing Downloads
Darrell Duffie and Bruno Strulovici
17295: Information Percolation in Segmented Markets Downloads
Darrell Duffie, Semyon Malamud and Gustavo Manso
17294: Labor Market Flows in the Cross Section and Over Time Downloads
Steven Davis, Jason Faberman and John Haltiwanger
17293: Why Do Voters Dismantle Checks and Balances? Downloads
Daron Acemoglu, James Robinson and Ragnar Torvik
17292: Spillover Effects in Mutual Fund Companies Downloads
Clemens Sialm and T. Mandy Tham
17291: A Gains from Trade Perspective on Macroeconomic Fluctuations Downloads
Paul Beaudry and Franck Portier
17290: Are Corporate Default Probabilities Consistent with the Static Tradeoff Theory? Downloads
Armen Hovakimian, Ayla Kayhan and Sheridan Titman
17289: The Extensive Margin, Sectoral Shares and International Business Cycles Downloads
Michael Devereux and Viktoria Hnatkovska
17288: Consumption Risk-Sharing and the Real Exchange Rate: Why does the Nominal Exchange Rate Make Such a Difference? Downloads
Michael Devereux and Viktoria Hnatkovska
17287: Would People Behave Differently If They Better Understood Social Security? Evidence From a Field Experiment Downloads
Jeffrey Liebman and Erzo Luttmer
17286: Exam High Schools and Academic Achievement: Evidence from New York City Downloads
Will Dobbie and Roland Fryer
17285: Covariances versus Characteristics in General Equilibrium Downloads
Xiaoji Lin and Lu Zhang
17284: Equilibrium Wage and Employment Dynamics in a Model of Wage Posting without Commitment Downloads
Melvyn Coles and Dale Mortensen
17283: A Simple Nonparametric Approach to Estimating the Distribution of Random Coefficients in Structural Models Downloads
Jeremy Fox and Kyoo il Kim
17282: Foreign Firms and Local Communities Downloads
Bruce Blonigen and Cheyney O'Fallon
17281: Systemic Risk Exposures: A 10-by-10-by-10 Approach Downloads
Darrell Duffie
17280: The Exact Law of Large Numbers for Independent Random Matching Downloads
Darrell Duffie and Yeneng Sun
17279: The Importance of the Meaning and Measurement of "Affordable" in the Affordable Care Act Downloads
Richard Burkhauser, Sean Lyons and Kosali Simon
17278: Carry Trades and Risk Downloads
Craig Burnside
17277: International Risk Cycles Downloads
Francois Gourio, Michael Siemer and Adrien Verdelhan
17276: The Continental Dollar: Initial Design, Ideal Performance, and the Credibility of Congressional Commitment Downloads
Farley Grubb
17275: Substitution Between Individual and Cultural Capital: Pre-Migration Labor Supply, Culture and US Labor Market Outcomes Among Immigrant Women Downloads
Francine Blau and Lawrence Kahn
17274: Unemployment in Latin America and the Caribbean Downloads
Laurence Ball, Nicolás De Roux and Marc Hofstetter
17273: "Healthy, Wealthy and Wise?" Revisited: An Analysis of the Causal Pathways from Socio-economic Status to Health Downloads
Till Stowasser, Florian Heiss, Daniel McFadden and Joachim Winter
17272: Country Heterogeneity and the International Evidence on the Effects of Fiscal Policy Downloads
Carlo Favero, Francesco Giavazzi and Jacopo Perego
17271: Long-Term Barriers to the International Diffusion of Innovations Downloads
Enrico Spolaore and Romain Wacziarg
17270: Employment, Wages and Voter Turnout Downloads
Kerwin Kofi Charles and Melvin Stephens
17269: Why Did U.S. Banks Invest in Highly-Rated Securitization Tranches? Downloads
Isil Erel, Taylor D. Nadauld and René Stulz
17268: Tax Expenditures, the Size and Efficiency of Government, and Implications for Budget Reform Downloads
Leonard E. Burman and Marvin Phaup
17267: The Influence of Irving Fisher on Milton Friedman's Monetary Economics Downloads
Michael Bordo and Hugh Rockoff
17266: Constituencies and Legislation: The Fight over the McFadden Act of 1927 Downloads
Raghuram Rajan and Rodney Ramcharan
17265: The Incredible Shrinking Portuguese Firm Downloads
Serguey Braguinsky, Lee G. Branstetter and André Regateiro
17264: The Elite Illusion: Achievement Effects at Boston and New York Exam Schools Downloads
Atila Abdulkadiroglu, Joshua Angrist and Parag Pathak
17263: The Balanced U.S. Press Downloads
Riccardo Puglisi and James Snyder
17262: Trade Policy Making in a Model of Legislative Bargaining Downloads
Levent Celik, Bilgehan Karabay and John McLaren
17261: Global Asset Pricing Downloads
Karen K. Lewis
17260: What's Next for the Dollar? Downloads
Martin Feldstein
17259: Time Use During Recessions Downloads
Mark Aguiar, Erik Hurst and Loukas Karabarbounis
17258: Capital flows: Catalyst or Hindrance to economic takeoffs? Downloads
Joshua Aizenman and Vladyslav Sushko
17257: Trade and Inequality in India Downloads
Pravin Krishna and Guru Sethupathy
17256: Wage Effects of Trade Reform with Endogenous Worker Mobility Downloads
Pravin Krishna, Jennifer Poole and Mine Senses
17255: Why Don't the Poor Save More? Evidence from Health Savings Experiments Downloads
Pascaline Dupas and Jonathan Robinson
17254: Corporate Social Responsibility for Irresponsibility Downloads
Matthew Kotchen and Jon Jungbien Moon
17253: Heterogeneity and the Dynamics of Technology Adoption Downloads
Stephen Ryan and Catherine Tucker
17252: Stories of the Twentieth Century for the Twenty-First Downloads
Pierre-Olivier Gourinchas and Maurice Obstfeld
17251: Inefficiencies from Metropolitan Political and Fiscal Decentralization: Failures of Tiebout Competition Downloads
Stephen Calabrese, Dennis Epple and Richard Romano
17250: A Dynamic Model of Demand for Houses and Neighborhoods Downloads
Patrick Bayer, Robert McMillan, Alvin Murphy and Christopher Timmins
17249: China and India as Suppliers of Affordable Medicines to Developing Countries Downloads
Tamara Hafner and David Popp
17248: Prospective Analysis of a Wage Subsidy for Cape Town Youth Downloads
James Levinsohn and Todd Pugatch
17247: The Value of Honesty: Empirical Estimates from the Case of the Missing Children Downloads
Sara LaLumia and James Sallee
17246: Network Stability, Network Externalities and Technology Adoption Downloads
Catherine Tucker
17245: Chemical Fertilizer and Migration in China Downloads
Avraham Ebenstein, Jian Zhang, Margaret McMillan and Kevin Chen
17244: How Survey Design Affects Inference Regarding Health Perceptions and Outcomes Downloads
Anneke Exterkate and Robin L. Lumsdaine
17243: Stepping Stones: Principal Career Paths and School Outcomes Downloads
Tara Béteille, Demetra Kalogrides and Susanna Loeb
17242: Defying Gravity: The 1932 Imperial Economic Conference and the Reorientation of Canadian Trade Downloads
David Jacks
17241: The Feasibility and Importance of Adding Measures of Actual Experience to Cross-Sectional Data Collection Downloads
Francine Blau and Lawrence Kahn
17240: On Measuring the Effects of Fiscal Policy in Recessions Downloads
Jonathan Parker
17239: Over-optimism in Forecasts by Official Budget Agencies and Its Implications Downloads
Jeffrey Frankel
17238: Are All Ratings Created Equal? The Impact of Issuer Size on the Pricing of Mortgage-backed Securities Downloads
Jie (Jack) He, Jun 'QJ' Qian and Philip E. Strahan
17237: Corporate and Personal Bankruptcy Law Downloads
Michelle J. White
17236: Has the Shift to Managed Care Reduced Medicaid Expenditures? Evidence from State and Local-Level Mandates Downloads
Mark Duggan and Tamara Hayford
17235: Human Capital Spillovers in Families: Do Parents Learn from or Lean on their Children? Downloads
Ilyana Kuziemko
17234: "Last-place Aversion": Evidence and Redistributive Implications Downloads
Ilyana Kuziemko, Ryan W. Buell, Taly Reich and Michael I. Norton
17233: How Do Firm Financial Conditions Affect Product Quality and Pricing? Downloads
Gordon Phillips and Giorgo Sertsios
17232: Gauging the Generosity of Employer-Sponsored Insurance: Differences Between Households With and Without a Chronic Condition Downloads
Jean M. Abraham, Anne Royalty and Thomas DeLeire
17231: The Land that Lean Manufacturing Forgot? Management Practices in Transition Countries Downloads
Nicholas Bloom, Helena Schweiger and John van Reenen
17230: Public Consumption Over the Business Cycle Downloads
Ruediger Bachmann and Jinhui Bai
17229: Cycles, Gaps, and the Social Value of Information Downloads
George-Marios Angeletos, Luigi Iovino and Jennifer La'O
17228: Capital Flow Types, External Financing Needs, and Industrial Growth: 99 countries, 1991-2007 Downloads
Joshua Aizenman and Vladyslav Sushko
17227: The Costs of Free Entry: An Empirical Study of Real Estate Agents in Greater Boston Downloads
Panle Barwick and Parag Pathak
17226: Cross-National Evidence on Generic Pharmaceuticals: Pharmacy vs. Physician-Driven Markets Downloads
Patricia Danzon and Michael F. Furukawa
17225: School Competition and Teacher Labor Markets: Evidence from Charter School Entry in North Carolina Downloads
C. Kirabo Jackson
17224: House Price Booms and the Current Account Downloads
Klaus Adam, Pei Kuang and Albert Marcet
17223: The Effects of Health Shocks on Employment and Health Insurance: The Role of Employer-Provided Health Insurance Downloads
Cathy J. Bradley, David Neumark and Meryl Motika
17222: Caution, Drivers! Children Present: Traffic, Pollution, and Infant Health Downloads
Christopher Knittel, Douglas Miller and Nicholas Sanders
17221: Conglomerate Industry Choice and Product Differentiation Downloads
Gerard Hoberg and Gordon Phillips
17220: Competing with Costco and Sam's Club: Warehouse Club Entry and Grocery Prices Downloads
Charles Courtemanche and Art Carden
17219: Sources of Entropy in Representative Agent Models Downloads
David Backus, Mikhail Chernov and Stanley Zin
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