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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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27062: Pandemic Lockdown: The Role of Government Commitment Downloads
Christian Moser and Pierre Yared
27061: Labor Demand in the time of COVID-19: Evidence from vacancy postings and UI claims Downloads
Eliza Forsythe, Lisa Kahn, Fabian Lange and David Wiczer
27060: Economic Activity and the Value of Medical Innovation during a Pandemic Downloads
Casey Mulligan
27059: Internal and External Effects of Social Distancing in a Pandemic Downloads
Maryam Farboodi, Gregor Jarosch and Robert Shimer
27058: Corporate Taxes and Retail Prices Downloads
Scott Baker, Stephen Teng Sun and Constantine Yannelis
27057: Financial Education Affects Financial Knowledge and Downstream Behaviors Downloads
Tim Kaiser, Annamaria Lusardi, Lukas Menkhoff and Carly J. Urban
27056: Loan Types and the Bank Lending Channel Downloads
Victoria Ivashina, Luc Laeven and Enrique Moral-Benito
27055: Corporate Immunity to the COVID-19 Pandemic Downloads
Wenzhi Ding, Ross Levine, Chen Lin and Wensi Xie
27054: Information and the Persistence of the Gender Wage Gap: Early Evidence from California's Salary History Ban Downloads
Benjamin Hansen and Drew McNichols
27053: Persistence Despite Revolutions Downloads
Alberto Alesina, Marlon Seror, David Yang, Yang You and Weihong Zeng
27052: Does the US Tax Code Favor Automation? Downloads
Daron Acemoglu, Andrea Manera and Pascual Restrepo
27051: A Sticky-Price View of Hoarding Downloads
Christopher Hansman, Harrison Hong, Aureo de Paula and Vishal Singh
27050: It Takes a Village: The Economics of Parenting with Neighborhood and Peer Effects Downloads
Francesco Agostinelli, Matthias Doepke, Giuseppe Sorrenti and Fabrizio Zilibotti
27049: Non-Pharmaceutical Interventions and Mortality in U.S. Cities during the Great Influenza Pandemic, 1918-1919 Downloads
Robert Barro
27048: Elusive Safety: The New Geography of Capital Flows and Risk Downloads
Laura Alfaro, Ester Faia, Ruth A. Judson and Tim Schmidt-Eisenlohr
27047: Macroeconomic Dynamics and Reallocation in an Epidemic: Evaluating the “Swedish Solution” Downloads
Dirk Krueger, Harald Uhlig and Taojun Xie
27046: Health versus Wealth: On the Distributional Effects of Controlling a Pandemic Downloads
Andy Glover, Jonathan Heathcote, Dirk Krueger and José-Víctor Ríos-Rull
27045: Income Segregation: Up or Down, and for Whom? Downloads
John Logan, Andrew Foster, Hongwei Xu and Wenquan Zhang
27044: A Model of Endogenous Risk Intolerance and LSAPs: Asset Prices and Aggregate Demand in a “Covid-19” Shock Downloads
Ricardo Caballero and Alp Simsek
27043: Demographic Perspectives on Mortality of Covid-19 and Other Epidemics Downloads
Joshua R. Goldstein and Ronald Lee
27042: Which Retail Outlets Generate the Most Physical Interactions? Downloads
Avi Goldfarb and Catherine Tucker
27041: Bilateral Information Disclosure in Adverse Selection Markets with Nonexclusive Competition Downloads
Joseph Stiglitz, Jungyoll Yun and Andrew Kosenko
27040: Immigration Policy Levers for US Innovation and Startups Downloads
Sari Pekkala Kerr and William Kerr
27039: Voluntary and Mandatory Social Distancing: Evidence on COVID-19 Exposure Rates from Chinese Provinces and Selected Countries Downloads
Alexander Chudik, Mohammad Pesaran and Alessandro Rebucci
27038: Managing Intelligence: Skilled Experts and AI in Markets for Complex Products Downloads
Jonathan Gruber, Benjamin R. Handel, Samuel H. Kina and Jonathan Kolstad
27037: Evidence on Job Search Models from a Survey of Unemployed Workers in Germany Downloads
Stefano DellaVigna, Jörg Heining, Johannes Schmieder and Simon Trenkle
27036: Price Discovery and Liquidity Recovery: Forex Market Reactions to Macro Announcements Downloads
Masahiro Yamada and Takatoshi Ito
27035: Saving for Multiple Financial Needs: Evidence from Lockboxes and Mobile Money in Malawi Downloads
Shilpa Aggarwal, Valentina Brailovskaya and Jonathan Robinson
27034: Big G Downloads
Lydia Cox, Gernot Müller, Ernesto Pasten, Raphael Schoenle and Michael Weber
27033: Beyond Reading, Writing, and Arithmetic: The Role of Teachers and Schools in Reporting Child Maltreatment Downloads
Maria Fitzpatrick, Cassandra Benson and Samuel R. Bondurant
27032: Hometown Ties and the Quality of Government Monitoring: Evidence from Rotation of Chinese Auditors Downloads
Jian Chu, Raymond Fisman, Songtao Tan and Yongxiang Wang
27031: Endogenous Education and Long-Run Factor Shares Downloads
Gene Grossman, Elhanan Helpman, Ezra Oberfield and Thomas Sampson
27030: Good-Bye Original Sin, Hello Risk On-Off, Financial Fragility, and Crises? Downloads
Joshua Aizenman, Yothin Jinjarak, Donghyun Park and Huanhuan Zheng
27029: Variation in Performance of Commonly Used Statistical Methods for Estimating Effectiveness of State-Level Opioid Policies on Opioid-Related Mortality Downloads
Beth Ann Griffin, Megan S. Schuler, Elizabeth A. Stuart, Stephen Patrick, Elizabeth McNeer, Rosanna Smart, David Powell, Bradley Stein, Terry Schell and Rosalie Pacula
27028: Estimating the Fraction of Unreported Infections in Epidemics with a Known Epicenter: an Application to COVID-19 Downloads
Ali Hortacsu, Jiarui Liu and Timothy Schwieg
27027: Tracking Public and Private Responses to the COVID-19 Epidemic: Evidence from State and Local Government Actions Downloads
Sumedha Gupta, Thuy D. Nguyen, Felipe Lozano Rojas, Shyam Raman, Byungkyu Lee, Ana Bento, Kosali Simon and Coady Wing
27026: Can the Unemployed Borrow? Implications for Public Insurance Downloads
J. Carter Braxton, Kyle Herkenhoff and Gordon Phillips
27025: Portfolio Choice with Sustainable Spending: A Model of Reaching for Yield Downloads
John Campbell and Roman Sigalov
27024: On Vickrey’s Income Averaging Downloads
Stefan Steinerberger and Aleh Tsyvinski
27023: Estimating the COVID-19 Infection Rate: Anatomy of an Inference Problem Downloads
Charles Manski and Francesca Molinari
27022: The US Equity Valuation Premium, Globalization, and Climate Change Risks Downloads
Craig Doidge, G. Karolyi and René Stulz
27021: The Subways Seeded the Massive Coronavirus Epidemic in New York City Downloads
Jeffrey E. Harris
27020: Economic Policy Incentives to Preserve Lives and Livelihoods Downloads
Roberto Chang and Andrés Velasco
27019: Covid-19: Testing Inequality in New York City Downloads
Stephanie Schmitt-Grohe, Ken Teoh and Martín Uribe
27018: Lock-downs, Loneliness and Life Satisfaction Downloads
Daniel Hamermesh
27017: Labor Markets During the COVID-19 Crisis: A Preliminary View Downloads
Olivier Coibion, Yuriy Gorodnichenko and Michael Weber
27016: Market Structure and Product Assortment: Evidence from a Natural Experiment in Liquor Licensure Downloads
Gastón Illanes and Sarah Moshary
27015: Innovative Growth Accounting Downloads
Peter J. Klenow and Huiyu Li
27014: Advances in Using Vector Autoregressions to Estimate Structural Magnitudes Downloads
Christiane Baumeister and James Hamilton
27013: An Alternative Explanation for the “Fed Information Effect” Downloads
Michael Bauer and Eric Swanson
27012: Disputes in International Investment and Trade Downloads
Ralph Ossa, Robert Staiger and Alan O. Sykes
27011: The Roots of Agricultural Innovation: Patent Evidence of Knowledge Spillovers Downloads
Matthew Clancy, Paul Heisey, Yongjie Ji and GianCarlo Moschini
27010: Spending Less After (Seemingly) Bad News Downloads
Mark Garmaise, Yaron Levi and Hanno Lustig
27009: Covid-19 Infection Externalities: Trading Off Lives vs. Livelihoods Downloads
Zachary A. Bethune and Anton Korinek
27008: Risk Perception Through the Lens of Politics in the Time of the COVID-19 Pandemic Downloads
John Barrios and Yael Hochberg
27007: Policy Implications of Models of the Spread of Coronavirus: Perspectives and Opportunities for Economists Downloads
Christopher Avery, William Bossert, Adam Clark, Glenn Ellison and Sara Fisher Ellison
27006: No Line Left Behind: Assortative Matching Inside the Firm Downloads
Achyuta Adhvaryu, Vittorio Bassi, Anant Nyshadham and Jorge A. Tamayo
27005: Countervailing Market Power and Hospital Competition Downloads
Eric Barrette, Gautam Gowrisankaran and Robert Town
27004: Shotgun Wedding: Fiscal and Monetary Policy Downloads
Marco Bassetto and Thomas Sargent
27003: What’s up with the Phillips Curve? Downloads
Marco Del Negro, Michele Lenza, Giorgio Primiceri and Andrea Tambalotti
27002: Some Unpleasant Markup Arithmetic: Production Function Elasticities and their Estimation from Production Data Downloads
Stephen Bond, Arshia Hashemi, Greg Kaplan and Piotr Żoch
27001: Energy Markets and Global Economic Conditions Downloads
Christiane Baumeister, Dimitris Korobilis and Thomas K. Lee
27000: Optimal Regulation of E-cigarettes: Theory and Evidence Downloads
Hunt Allcott and Charlie Rafkin
26999: Measuring Racial Discrimination in Bail Decisions Downloads
David Arnold, Will S. Dobbie and Peter Hull
26998: Ageing-Driven Migration and Redistribution: Comparing Policy Regimes Downloads
Assaf Razin and Alexander Schwemmer
26997: Sticky Capital Controls Downloads
Miguel Acosta-Henao, Laura Alfaro and Andrés Fernández Martin
26996: Distributing Personal Income: Trends Over Time Downloads
Dennis Fixler, Marina Gindelsky and David Johnson
26995: The Macroeconomic Stabilization of Tariff Shocks: What is the Optimal Monetary Response? Downloads
Paul Bergin and Giancarlo Corsetti
26994: Do People Have a Bias for Low-Deductible Insurance? Downloads
Howard Kunreuther and Mark Pauly
26993: In Praise of Moderation: Suggestions for the Scope and Use of Pre-Analysis Plans for RCTs in Economics Downloads
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 Downloads
Andrew Friedson, Drew McNichols, Joseph J. Sabia and Dhaval Dave
26991: Three Prongs for Prudent Climate Policy Downloads
Joseph Aldy and Richard Zeckhauser
26990: The Geographic Spread of COVID-19 Correlates with the Structure of Social Networks as Measured by Facebook Downloads
Theresa Kuchler, Dominic Russel and Johannes Stroebel
26989: How Are Small Businesses Adjusting to COVID-19? Early Evidence from a Survey Downloads
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 Downloads
David Powell and Rosalie Pacula
26987: COVID-19 and The Macroeconomic Effects of Costly Disasters Downloads
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 Downloads
Luigi Ventura and Charles Horioka
26985: Risk Sharing Externalities Downloads
Luigi Bocola and Guido Lorenzoni
26984: Optimal Mitigation Policies in a Pandemic: Social Distancing and Working from Home Downloads
Callum Jones, Thomas Philippon and Venky Venkateswaran
26983: COVID-Induced Economic Uncertainty Downloads
Scott Baker, Nicholas Bloom, Steven Davis and Stephen Terry
26982: Social Distancing, Internet Access and Inequality Downloads
Lesley Chiou and Catherine Tucker
26981: A Simple Planning Problem for COVID-19 Lockdown Downloads
Fernando E. Alvarez, David Argente and Francesco Lippi
26980: Rising Burdens of Proofs and The Grand Bargain of Workers’ Compensation Laws Downloads
Andy Yuan and Price Fishback
26979: Every Day is Earth Day: Evidence on the Long-term Impact of Environmental Activism Downloads
Daniel Hungerman and Vivek Moorthy
26978: Effects of the Affordable Care Act Dependent Coverage Mandate on Health Insurance Coverage for Individuals in Same-Sex Couples Downloads
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 Downloads
Dhaval Dave, Daniel Dench, Donald Kenkel, Alan Mathios and Hua Wang
26976: The Impact of Benefit Generosity on Workers’ Compensation Claims: Evidence and Implications Downloads
Marika Cabral and Marcus Dillender
26975: Relief Rally: Senators As Feckless As the Rest of Us at Stock Picking Downloads
William Belmont, Bruce Sacerdote, Ranjan Sehgal and Ian Van Hoek
26974: The Implications of Heterogeneity and Inequality for Asset Pricing Downloads
Stavros Panageas
26973: Should Germany Have Built a New Wall? Macroeconomic Lessons from the 2015-18 Refugee Wave Downloads
Christopher Busch, Dirk Krueger, Alexander Ludwig, Irina Popova and Zainab Iftikhar
26972: Beyond Cobb-Douglas: Flexibly Estimating Matching Functions with Unobserved Matching Efficiency Downloads
Fabian Lange and Theodore Papageorgiou
26971: Firm-Level Exposure to Epidemic Diseases: COVID-19, SARS, and H1N1 Downloads
Tarek Hassan, Stephan Hollander, Laurence van Lent, Markus Schwedeler and Ahmed Tahoun
26970: Generalized Robustness and Dynamic Pessimism Downloads
Pascal J. Maenhout, Andrea Vedolin and Hao Xing
26969: Understanding “Wage Theft”: Evasion and Avoidance Responses to Minimum Wage Increases Downloads
Jeffrey Clemens and Michael Strain
26968: Do Investors Care about Carbon Risk? Downloads
Patrick Bolton and Marcin Kacperczyk
26967: Diminishing Marginal Returns to Computer-Assisted Learning Downloads
Eric Bettinger, Robert Fairlie, Anastasia Kapuza, Elena Kardanova, Prashant Loyalka and Andrey Zakharov
26966: Presence and Persistence of Poverty in U.S. Tax Data Downloads
Jeff Larrimore, Jacob Mortenson and David Splinter
26965: How Deadly Is COVID-19? Understanding The Difficulties With Estimation Of Its Fatality Rate Downloads
Andrew Atkeson
26964: Technological Innovation and Labor Income Risk Downloads
Leonid Kogan, Dimitris Papanikolaou, Lawrence Schmidt and Jae Song
26963: Reversing Reserves Downloads
Parag Pathak, Alex Rees-Jones and Tayfun Sönmez
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