NBER Working Papers

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26841: Administrative Discretion in Scientific Funding: Evidence from a Prestigious Postdoctoral Training Program

Donna Ginther and Misty Heggeness

26840: Happiness and the Quality of Government

John Helliwell, Haifang Huang and Shun Wang

26839: Urbanization and its Discontents

Edward Glaeser

26838: Rising Bank Concentration

P. Dean Corbae and Pablo D'Erasmo

26837: Gender Roles and the Gender Expectations Gap

Francesco D’Acunto, Ulrike Malmendier and Michael Weber

26836: Education and Health Over the Life Cycle

Robert Kaestner, Cuiping Schiman and Jason M. Ward

26835: The Effect of Open-Air Waste Burning on Infant Health: Evidence from Government Failure in Lebanon

Pierre Mouganie, Ruba Ajeeb and Mark Hoekstra

26834: Language Training and Refugees' Integration

Jacob Arendt, Iben Bolvig, Mette Foged, Linea Hasager and Giovanni Peri

26833: Robustly Optimal Monetary Policy in a New Keynesian Model with Housing

Klaus Adam and Michael Woodford

26832: Mandated Sick Pay: Coverage, Utilization, and Crowding-In

Johanna Maclean, Stefan Pichler and Nicolas Ziebarth

26831: When a Master Dies: Speculation and Asset Float

Julien Penasse, Luc Renneboog and Jose Scheinkman

26830: A Quantitative Analysis of Distortions in Managerial Forecasts

Yueran Ma, Tiziano Ropele, David Sraer and David Thesmar

26829: Convex Supply Curves

Christoph Boehm and Nitya Pandalai-Nayar

26828: Market Fragmentation

Daniel Chen and Darrell Duffie

26827: The Structure of Multinational Firms' International Activities

Ronald Davies and James Markusen

26826: Online Estimation of DSGE Models

Michael D. Cai, Marco Del Negro, Edward Herbst, Ethan Matlin, Reca Sarfati and Frank Schorfheide

26825: Terrorist Attacks, Cultural Incidents and the Vote for Radical Parties: Analyzing Text from Twitter

Francesco Giavazzi, Felix Iglhaut, Giacomo Lemoli and Gaia Rubera

26824: A Model of Scientific Communication

Isaiah Andrews and Jesse Shapiro

26823: Risks to Human Capital

Mehran Ebrahimian and Jessica Wachter

26822: The Effects of Professor Gender on the Post-Graduation Outcomes of Female Students

Hani Mansour, Daniel Rees, Bryson M. Rintala and Nathan Wozny

26821: Winners and Losers? The Effect of Gaining and Losing Access to Selective Colleges on Education and Labor Market Outcomes

Sandra Black, Jeffrey Denning and Jesse Rothstein

26820: Capital Flows, Real Estate, and Local Cycles: Evidence from German Cities, Banks, and Firms

Peter Bednarek, Daniel te Kaat, Chang Ma and Alessandro Rebucci

26819: Black-Friendly Businesses in Cities During the Civil Rights Era

Maggie Jones, Trevon Logan, David Rosé and Lisa Cook

26818: The Long-lasting Effects of Living under Communism on Attitudes towards Financial Markets

Christine Laudenbach, Ulrike Malmendier and Alexandra Niessen-Ruenzi

26817: Perceived Precautionary Savings Motives: Evidence from FinTech

Francesco D’Acunto, Thomas Rauter, Christoph K. Scheuch and Michael Weber

26816: A Model of Cryptocurrencies

Michael Sockin and Wei Xiong

26815: Issuance Overpricing of China’s Corporate Debt Securities

Yi Ding, Wei Xiong and Jinfan Zhang

26814: Contingent Linear Financial Networks

Bomin Jiang, Roberto Rigobon and Munther A. Dahleh

26813: Early Childhood Care and Cognitive Development

Juan Chaparro, Aaron Sojourner and Matthew Wiswall

26812: Prices and Federal Policies in Opioid Markets

Casey Mulligan

26811: Intended and Unintended Effects of Banning Menthol Cigarettes

Christopher Carpenter and Hai V. Nguyen

26810: Human Capital as Engine of Growth – The Role of Knowledge Transfers in Promoting Balanced Growth Within and Across Countries

Isaac Ehrlich and Yun Pei

26809: Trust and Saving in Financial Institutions by the Poor

Sebastian Galiani, Paul Gertler and Camila Navajas-Ahumada

26808: What Determines Consumer Financial Distress? Place- and Person-Based Factors

Benjamin Keys, Neale Mahoney and Hanbin Yang

26807: Does Information About Climate Risk Affect Property Values?

Miyuki Hino and Marshall Burke

26806: Network-Based Hiring: Local Benefits; Global Costs

Arun Chandrasekhar, Melanie Morten and Alessandra Peter

26805: Housing Discrimination and the Toxics Exposure Gap in the United States: Evidence from the Rental Market

Peter Christensen, Ignacio Sarmiento-Barbieri and Christopher Timmins

26804: The Electric Vehicle Transition and the Economics of Banning Gasoline Vehicles

Stephen Holland, Erin Mansur and Andrew Yates

26803: Utilization-Adjusted TFP Across Countries: Measurement and Implications for International Comovement

Zhen Huo, Andrei Levchenko and Nitya Pandalai-Nayar

26802: Dynamic Banking and the Value of Deposits

Patrick Bolton, Ye Li, Neng Wang and Jinqiang Yang

26801: A New Mechanism to Alleviate the Crises of Confidence in Science-With An Application to the Public Goods Game

Luigi Butera, Philip Grossman, Daniel Houser, John List and Marie Claire Villeval

26800: Markups, Labor Market Inequality and the Nature of Work

Greg Kaplan and Piotr Żoch

26799: The Secured Credit Premium and the Issuance of Secured Debt

Efraim Benmelech, Nitish Kumar and Raghuram Rajan

26798: Global Macro-Financial Cycles and Spillovers

Jongrim Ha, Ayhan Kose, Christopher Otrok and Eswar Prasad

26797: Uncovered Interest Parity, Forward Guidance, and the Exchange Rate

Jordi Galí

26796: Monetary Policy and Bubbles in a New Keynesian Model with Overlapping Generations

Jordi Galí

26795: Random-Coefficients Logit Demand Estimation with Zero-Valued Market Shares

Jean-Pierre H. Dubé, Ali Hortacsu and Joonhwi Joo

26794: Intertemporal Price Discrimination in Sequential Quantity-Price Games

James Dana and Kevin Williams

26793: The Financial Center Leverage Cycle: Does it Spread Around the World?

Graciela Kaminsky, Leandro Medina and Shiyi Wang

26792: The Collateral Channel of Monetary Policy: Evidence from China

Hanming Fang, Yongqin Wang and Xian Wu

26791: 21st Century Macro

Narayana Kocherlakota

26790: How do U.S. Visa Policies Affect Unauthorized Immigration?

Brian Kovak and Rebecca Lessem

26789: Take the Q Train: Value Capture of Public Infrastructure Projects

Arpit Gupta, Stijn Van Nieuwerburgh and Constantine Kontokosta

26788: Across-Country Wage Compression in Multinationals

Jonas Hjort, Xuan Li and Heather Sarsons

26787: Does Student Loan Forgiveness Drive Disability Application?

Philip Armour and Melanie A. Zaber

26786: Between Firm Changes in Earnings Inequality: The Dominant Role of Industry Effects

John Haltiwanger and James Spletzer

26785: The Role of Heterogeneous Risk Preferences, Discount Rates, and Earnings Expectations in College Major Choice

Arpita Patnaik, Joanna Venator, Matthew Wiswall and Basit Zafar

26784: Can Low Retirement Savings Be Rationalized?

Jason S. Scott, John B. Shoven, Sita Slavov and John G. Watson

26783: The Cost of Convenience: Ridehailing and Traffic Fatalities

John Barrios, Yael Hochberg and Hanyi Yi

26782: Media Competition and News Diets

Charles Angelucci, Julia Cagé and Michael Sinkinson

26781: Votes For Women: An Economic Perspective on Women’s Enfranchisement

Carolyn Moehling and Melissa Thomasson

26780: Cigarette Taxes and Teen Marijuana Use

D. Mark Anderson, Kyutaro Matsuzawa and Joseph J. Sabia

26779: Drinking and Driving

Frank Sloan

26778: Forward Guidance and Household Expectations

Olivier Coibion, Dimitris Georgarakos, Yuriy Gorodnichenko and Michael Weber

26777: Anti-Bullying Laws and Suicidal Behaviors among Teenagers

Daniel Rees, Joseph J. Sabia and Gokhan Kumpas

26776: Digitization and Pre-Purchase Information: The Causal and Welfare Impacts of Reviews and Crowd Ratings

Imke Reimers and Joel Waldfogel

26775: Advance Market Commitments: Insights from Theory and Experience

Michael Kremer, Jonathan Levin and Christopher Snyder

26774: Does Race Matter for Police Use of Force? Evidence from 911 Calls

Mark Hoekstra and CarlyWill Sloan

26773: Beyond Basis Basics: Liquidity Demand and Deviations from the Law of One Price

Todd M. Hazelkorn, Tobias J. Moskowitz and Kaushik Vasudevan

26772: Confirmatory Bias in Health Decisions: Evidence from the MMR-Autism Controversy

Mengcen Qian, Shin-Yi Chou and Ernest K. Lai

26771: Information Acquisition, Efficiency, and Non-Fundamental Volatility

Benjamin Hebert and Jennifer La'O

26770: A Method to Construct Geographical Crosswalks with an Application to US Counties since 1790

Fabian Eckert, Andrés Gvirtz, Jack Liang and Michael Peters

26769: Medicaid Physician Fees and Access to Care among Children with Special Health Care Needs

Pinka Chatterji, Sandra Decker and Jason Huh

26768: Uncertainty Shocks and Business Cycle Research

Jesus Fernandez-Villaverde and Pablo Guerron

26767: Immigration Lottery Design: Engineered and Coincidental Consequences of H-1B Reforms

Parag Pathak, Alex Rees-Jones and Tayfun Sönmez

26766: When and How to Use Public-Private Partnerships in Infrastructure: Lessons From the International Experience

Eduardo Engel, Ronald Fischer and Alexander Galetovic

26765: Estimating Dynamic Games of Oligopolistic Competition: An Experimental Investigation

Tobias Salz and Emanuel Vespa

26764: Long-run Trends in the U.S. SES-Achievement Gap

Eric Hanushek, Jacob D. Light, Paul E. Peterson, Laura M. Talpey and Ludger Woessmann

26763: Were Jews in Interwar Poland More Educated?

Ran Abramitzky and Hanna Halaburda

26762: The Corporate Finance of Multinational Firms

Isil Erel, Yeejin Jang and Michael Weisbach

26761: Partial Identification and Inference for Dynamic Models and Counterfactuals

Myrto Kalouptsidi, Yuichi Kitamura, Lucas Lima and Eduardo A. Souza-Rodrigues

26760: Why Is the Euro Punching Below Its Weight?

Ethan Ilzetzki, Carmen Reinhart and Kenneth Rogoff

26759: School Effects on Socio-emotional Development, School-Based Arrests, and Educational Attainment

C. Kirabo Jackson, Shanette C. Porter, John Q. Easton, Alyssa Blanchard and Sebastián Kiguel

26758: Effects of Scaling Up Private School Choice Programs on Public School Students

David Figlio, Cassandra M.D. Hart and Krzysztof Karbownik

26757: Social Groups and the Effectiveness of Protests

Marco Battaglini, Rebecca Morton and Eleonora Patacchini

26756: The Limits of onetary Economics: On Money as a Latent Medium of Exchange

Ricardo Lagos and Shengxing Zhang

26755: Can Investors Time Their Exposure to Private Equity?

Gregory Brown, Robert S. Harris, Wendy Hu, Tim Jenkinson, Steven Kaplan and David Robinson

26754: Historical Natural Experiments: Bridging Economics and Economic History

Davide Cantoni and Noam Yuchtman

26753: Central Bank Digital Currency: Central Banking For All?

Jesus Fernandez-Villaverde, Daniel Sanches, Linda Schilling and Harald Uhlig

26752: Stagnation and Scientific Incentives

Jay Bhattacharya and Mikko Packalen

26751: Drug Firms' Payments and Physicians' Prescribing Behavior in Medicare Part D

Colleen Carey, Ethan Lieber and Sarah Miller

26750: An Exploration of Trend-Cycle Decomposition Methodologies in Simulated Data

Robert Hodrick

26749: Effect of Prescription Opioids and Prescription Opioid Control Policies on Infant Health

Engy Ziedan and Robert Kaestner

26748: The Determinants of Income Segregation and Intergenerational Mobility: Using Test Scores to Measure Undermatching

Raj Chetty, John Friedman, Emmanuel Saez, Nicholas Turner and Danny Yagan

26747: College Attainment, Income Inequality, and Economic Security: A Simulation Exercise

Brad Hershbein, Melissa Kearney and Luke W. Pardue

26746: The Economic Consequences of Increasing Sleep Among the Urban Poor

Pedro Bessone, Gautam Rao, Frank Schilbach, Heather Schofield and Mattie Toma

26745: A Fiscal Theory of Monetary Policy with Partially-Repaid Long-Term Debt

John Cochrane

26744: Identity Verification Standards in Welfare Programs: Experimental Evidence from India

Karthik Muralidharan, Paul Niehaus and Sandip Sukhtankar

26743: Neighborhood-Based Information Costs

Benjamin Hebert and Michael Woodford

26742: Ethnic Attrition, Assimilation, and the Measured Health Outcomes of Mexican Americans

Francisca Antman, Brian Duncan and Stephen Trejo