NBER Working Papers

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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 Stulz

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

Mark Rosenzweig and Rafael Santos

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 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 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 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 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 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 Rõõm

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

26911: Taming the Bias Zoo

Hongqi Liu, Cameron Peng, Wei A. Xiong and Wei Xiong

26910: Do College Applicants Respond to Changes in Sticker Prices Even When They Don't Matter?

Phillip Levine, Jennifer Ma and Lauren C. Russell

26909: The Incubator of Human Capital: The NBER and the Rise of the Human Capital Paradigm

Claudia Goldin and Lawrence Katz

26908: Banking Crises without Panics

Matthew Baron, Emil Verner and Wei Xiong

26907: Learning about the Neighborhood

Zhenyu Gao, Michael Sockin and Wei Xiong

26906: Human Mobility Restrictions and the Spread of the Novel Coronavirus (2019-nCoV) in China

Hanming Fang, Long Wang and Yang Yang

26905: The Political-Economy Trilemma

Joshua Aizenman and Hiro Ito

26904: The Dynamic Efficiency in Resource Allocation: Evidence from Vehicle License Lotteries in Beijing

Youming Liu, Shanjun Li and Caixia Shen

26903: Which Banks are (Over) Levered? Insights from Shadow Banks and Uninsured Leverage

Erica Xuewei Jiang, Gregor Matvos, Tomasz Piskorski and Amit Seru

26902: Data Gaps and the Policy Response to the Novel Coronavirus

James Stock

26901: An SEIR Infectious Disease Model with Testing and Conditional Quarantine

David Berger, Kyle Herkenhoff and Simon Mongey

26900: The Effect of Privacy Regulation on the Data Industry: Empirical Evidence from GDPR

Guy Aridor, Yeon-Koo Che and Tobias Salz

26899: Externalities in International Tax Enforcement: Theory and Evidence

Thomas R. Tørsløv, Ludvig S. Wier and Gabriel Zucman

26898: An Analytic Framework For Interpreting Investment Regressions In The Presence Of Financial Constraints

Andrew Abel and Stavros Panageas

26897: The Virus of Fear: The Political Impact of Ebola in the U.S

Filipe Campante, Emilio Depetris-Chauvin and Ruben Durante

26896: The Effects of State Scope of Practice Laws on the Labor Supply of Advanced Practice Registered Nurses

Sara Markowitz and E. Kathleen Adams

26895: Off to a Good Start: The NBER and the Measurement of National Income

Hugh Rockoff

26894: The Economics of the Fed Put

Anna Cieslak and Annette Vissing-Jorgensen

26893: Self-Citation, Cumulative Advantage, and Gender Inequality in Science

Pierre Azoulay and Freda B. Lynn

26892: The Rise of For-Profit Experimental Medicine

Pierre Azoulay and Ariel Fishman

26891: Paying Outsourced Labor: Direct Evidence from Linked Temp Agency-Worker-Client Data

Andres Drenik, Simon Jäger, Miguel Pascuel Plotkin and Benjamin Schoefer

26890: Measuring Welfare and Inequality with Incomplete Price Information

David Atkin, Benjamin Faber, Thibault Fally and Marco Gonzalez-Navarro

26889: Scientific Grant Funding

Pierre Azoulay and Danielle Li

26888: The Mid-Life Dip in Well-Being: Economists (Who Find It) Versus Psychologists (Who Don't)!

David Blanchflower and Carol Graham

26887: Bank Stress Testing: Public Interest or Regulatory Capture?

Thomas Ian Schneider, Philip E. Strahan and Jun Yang

26886: Innovation and Entrepreneurship in Housing

Edward Kung

26885: Copyright and Creativity. Evidence from Italian Opera During the Napoleonic Age

Michela Giorcelli and Petra Moser

26884: Government Incentives for Entrepreneurship

Josh Lerner

26883: Inference for Ranks with Applications to Mobility across Neighborhoods and Academic Achievement across Countries

Magne Mogstad, Joseph P. Romano, Azeem Shaikh and Daniel Wilhelm

26882: The Macroeconomics of Epidemics

Martin Eichenbaum, Sergio Rebelo and Mathias Trabandt

26881: What Do We Learn From Cross-Regional Empirical Estimates in Macroeconomics?

Adam Guren, Alisdair McKay, Emi Nakamura and Jon Steinsson

26880: Early Childhood Education and Life-cycle Health

Jorge Luis Garcia and James Heckman

26879: Medical Spending, Bequests, and Asset Dynamics Around the Time of Death

John Jones, Mariacristina De Nardi, Eric French, Rory McGee and Rachel Rodgers

26878: Gross Worker Flows and Fluctuations in the Aggregate Labor Market

Per Krusell, Toshihiko Mukoyama, Richard Rogerson and Aysegul Sahin

26877: Comparing Alternative China and US Arrangements with CPTPP

Chunding Li, Xin Lin and John Whalley

26876: Understanding Cross-country Differences in Health Status and Expenditures

Raquel Fonseca, Francois Langot, Pierre-Carl Michaud and Thepthida Sopraseuth

26875: Same-Sex Couples and the Marital Surplus: The Importance of the Legal Environment

Daniel Hamermesh and Scott Delhommer

26874: Harry Johnson’s “Case for Flexible Exchange Rates” – 50 Years Later

Maurice Obstfeld

26873: Market Design, Human Behavior, and Management

Yan Chen, Peter Cramton, John List and Axel Ockenfels

26872: FRED-QD: A Quarterly Database for Macroeconomic Research

Michael McCracken and Serena Ng

26871: Out of the Woodwork: Enrollment Spillovers in the Oregon Health Insurance Experiment

Adam Sacarny, Katherine Baicker and Amy Finkelstein

26870: German Long-Term Health Insurance: Theory Meets Evidence

Juan Pablo Atal, Hanming Fang, Martin Karlsson and Nicolas Ziebarth

26869: Chain Restaurant Calorie Posting Laws, Obesity, and Consumer Welfare

Charles Courtemanche, David Frisvold, David Jimenez-Gomez, Mariétou Ouayogodé and Michael Price

26868: Migration Costs and Observational Returns to Migration in the Developing World

David Lagakos, Samuel Marshall, Ahmed Mobarak, Corey Vernot and Michael Waugh

26867: What Will Be the Economic Impact of COVID-19 in the US? Rough Estimates of Disease Scenarios

Andrew Atkeson

26866: The Coronavirus and the Great Influenza Pandemic: Lessons from the “Spanish Flu” for the Coronavirus’s Potential Effects on Mortality and Economic Activity

Robert Barro, José F. Ursúa and Joanna Weng

26865: International Transactions: Real Trade and Factor Flows between 1700 and 1870

Wolfgang Keller, Markus Lampe and Carol H. Shiue

26864: Can Mentoring Help Female Assistant Professors in Economics? An Evaluation by Randomized Trial

Donna Ginther, Janet Currie, Francine Blau and Rachel Croson

26863: Occupational Skill Premia around the World: New Data, Patterns and Drivers

David Kunst, Richard Freeman and Remco Oostendorp