NBER Working Papers

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26480: Teacher Effects on Student Achievement and Height: A Cautionary Tale

Marianne Bitler, Sean Corcoran, Thurston Domina and Emily Penner

26479: Does the Lack of Financial Stability Impair the Transmission of Monetary Policy?

Viral Acharya, Bjorn Imbierowicz, Sascha Steffen and Daniel Teichmann

26478: Is the Public Investment Multiplier Higher in Developing Countries? An Empirical Investigation

Alejandro Izquierdo, Ruy Lama, Juan Medina, Jorge Puig, Daniel Riera-Crichton, Carlos Vegh and Guillermo Vuletin

26477: Does Electricity Drive Structural Transformation? Evidence from the United States

Paul Gaggl, Rowena Gray, Ioana Marinescu and Miguel Morin

26476: The Earned Income Tax Credit and Infant Health Revisited

Daniel Dench and Ted Joyce

26475: Shrinking the Tax Gap: Approaches and Revenue Potential

Natasha Sarin and Lawrence Summers

26474: Beveridgean Unemployment Gap

Pascal Michaillat and Emmanuel Saez

26473: A Theory of Economic Unions

Gino Gancia, Giacomo Ponzetto and Jaume Ventura

26472: Does One Medicare Fit All? The Economics of Uniform Health Insurance Benefits

Mark Shepard, Katherine Baicker and Jonathan Skinner

26471: Monetary Easing, Leveraged Payouts and Lack of Investment

Viral Acharya and Guillaume Plantin

26470: Innovation, Growth, and Dynamic Gains from Trade

Wen-Tai Hsu, Raymond Riezman and Ping Wang

26469: Endogenous Leverage and Default in the Laboratory

Marco Cipriani, Ana Fostel and Daniel Houser

26468: Trade Wars, Technology and Productivity

Ching-mu Chen, Wan-Jung Cheng, Shin-Kun Peng, Raymond Riezman and Ping Wang

26467: Selection with Variation in Diagnostic Skill: Evidence from Radiologists

David C. Chan, Matthew Gentzkow and Chuan Yu

26466: Consumption Insurance Against Wage Risk: Family Labor Supply and Optimal Progressive Income Taxation

Chunzan Wu and Dirk Krueger

26465: Choosing Racial Identity in the United States, 1880-1940

Ricardo Dahis, Emily Nix and Nancy Qian

26464: Redeemable Platform Currencies

Yang You and Kenneth Rogoff

26463: The Surrogate Index: Combining Short-Term Proxies to Estimate Long-Term Treatment Effects More Rapidly and Precisely

Susan Athey, Raj Chetty, Guido Imbens and Hyunseung Kang

26462: Do Minimum Wages Reduce Employment in Developing Countries? A Survey and Exploration of Conflicting Evidence

David Neumark and Luis Felipe Munguia Corella

26461: A Global View of Creative Destruction

Chang-Tai Hsieh, Peter J. Klenow and Ishan B. Nath

26460: Does The Market Reward Quality?: Evidence from India

Zachary Wagner, Somalee Banerjee, Manoj Mohanan and Neeraj Sood

26459: Some Contributions of Economics to the Study of Personality

James Heckman, Tomáš Jagelka and Timothy D. Kautz

26458: Why Do Firms Borrow Directly from Nonbanks?

Sergey Chernenko, Isil Erel and Robert Prilmeier

26457: Economic Consequences of Housing Speculation

Zhenyu Gao, Michael Sockin and Wei Xiong

26456: Recruit to Reject? Harvard and African American Applicants

Peter Arcidiacono, Josh Kinsler and Tyler Ransom

26455: How do Hospitals Respond to Payment Incentives?

Gautam Gowrisankaran, Keith A. Joiner and Jianjing Lin

26454: The Welfare Magnet Hypothesis: Evidence From an Immigrant Welfare Scheme in Denmark

Ole Agersnap, Amalie Sofie Jensen and Henrik Kleven

26453: Skill Prices, Occupations, and Changes in the Wage Structure for Low Skilled Men

Nicolas Roys and Christopher R. Taber

26452: Tax Prices and Charitable Giving: Projected Changes in Donations Under the 2017 TCJA

Jonathan Meer and Benjamin A. Priday

26451: Rules without Commitment: Reputation and Incentives

Alessandro Dovis and Rishabh Kirpalani

26450: A Phillips Curve for the Euro Area

Laurence Ball and Sandeep Mazumder

26449: Networking Frictions in Venture Capital, and the Gender Gap in Entrepreneurship

Sabrina T. Howell and Ramana Nanda

26448: A Theory of Falling Growth and Rising Rents

Philippe Aghion, Antonin Bergeaud, Timo Boppart, Peter J. Klenow and Huiyu Li

26447: Capital Controls: Theory and Evidence

Bilge Erten, Anton Korinek and José Antonio Ocampo

26446: Listing Advantages Around the World

Kenichi Ueda and Somnath Sharma

26445: Crowding In with Impure Altruism: Theory and Evidence from Volunteerism in National Parks

Matthew Kotchen and Katherine R.H. Wagner

26444: A Journal-Based Replication of “Being Chosen to Lead”

Allan Drazen, Anna Dreber, Erkut Ozbay and Erik Snowberg

26443: How Do Economic Shocks Affect Family Health Care Spending Burdens?

Irina Grafova, Alan C. Monheit and Rizie Kumar

26442: Intergenerational Health Mobility: Magnitudes and Importance of Schools and Place

Jason Fletcher and Katie M. Jajtner

26441: Climate Change, Operating Flexibility and Corporate Investment Decisions

Chen Lin, Thomas Schmid and Michael Weisbach

26440: Voting for Democracy: Chile's Plebiscito and the Electoral Participation of a Generation

Ethan Kaplan, Fernando Saltiel and Sergio Urzua

26439: Income Growth and its Distribution from Eisenhower to Obama: The Growing Importance of In-Kind Transfers (1959-2016)

James Elwell, Kevin Corinth and Richard Burkhauser

26438: How Do NYPD Officers Respond to Terror Threats?

Steven Lehrer and Louis Pierre Lepage

26437: How Would 401(k) ‘Rothification’ Alter Saving, Retirement Security, and Inequality?

Vanya Horneff, Raimond Maurer and Olivia Mitchell

26436: Effects of Mandatory Energy Efficiency Disclosure in Housing Markets

Erica Myers, Steven Puller and Jeremy West

26435: The Leverage Factor: Credit Cycles and Asset Returns

Josh Davis and Alan Taylor

26434: Did Trump's Trade War Impact the 2018 Election?

Emily Blanchard, Chad Bown and Davin Chor

26433: Partisanship and Survey Refusal

Mark Borgschulte, Heepyung Cho and Darren Lubotsky

26432: Magnification of the ‘China Shock’ Through the U.S. Housing Market

Yuan Xu, Hong Ma and Robert Feenstra

26431: Political Dynasties, Term Limits and Female Political Empowerment: Evidence from the Philippines

Julien Labonne, Sahar Parsa and Pablo Querubin

26430: How Do Low-Income Enrollees in the Affordable Care Act Marketplaces Respond to Cost-Sharing?

Kurt Lavetti, Thomas DeLeire and Nicolas Ziebarth

26429: Benchmark Interest Rates When the Government is Risky

Patrick Augustin, Mikhail Chernov, Lukas Schmid and Dongho Song

26428: Productivity and Wages: Common Factors and Idiosyncrasies Across Countries and Industries

Edward Lazear

26427: MoNK: Mortgages in a New-Keynesian Model

Carlos Garriga, Finn Kydland and Roman Sustek

26426: Approximately Right?: Global v. Local Methods for Open-Economy Models with Incomplete Markets

Oliver de Groot, C. Bora Durdu and Enrique Mendoza

26425: Government Expenditure on the Public Education System

Chao Fu, Shoya Ishimaru and John Kennan

26424: Demand Analysis with Many Prices

Victor Chernozhukov, Jerry Hausman and Whitney Newey

26423: Don’t Take Their Word For It: The Misclassification of Bond Mutual Funds

Huaizhi Chen, Lauren Cohen and Umit Gurun

26422: Assessing External Validity

Hao Bo and Sebastian Galiani

26421: Effort: The Unrecognized Contributor to US Income Inequality

Rodrigo Fuentes and Edward Leamer

26420: The Effect of Changes in the Skill Premium on College Degree Attainment and the Choice of Major

Ran Abramitzky, Victor Lavy and Maayan Segev

26419: The Effects of Financial Aid Grant Offers on Postsecondary Educational Outcomes: New Experimental Evidence from the Fund for Wisconsin Scholars

Deven E. Carlson, Felix Elwert, Nicholas Hillman, Alex Schmidt and Barbara Wolfe

26418: Measuring “Dark Matter” in Asset Pricing Models

Hui Chen, Winston Dou and Leonid Kogan

26417: Quantifying Heterogeneous Returns to Genetic Selection: Evidence from Wisconsin Dairies

Jared P. Hutchins, Brent Hueth and Guilherme Rosa

26416: The Long-Run Effects of California’s Paid Family Leave Act on Women’s Careers and Childbearing: New Evidence from a Regression Discontinuity Design and U.S. Tax Data

Martha Bailey, Tanya Byker, Elena Patel and Shanthi Ramnath

26415: Rational Inattention when Decisions Take Time

Benjamin Hebert and Michael Woodford

26414: Working Their Way Up? US Immigrants' Changing Labor Market Assimilation in the Age of Mass Migration

William Collins and Ariell Zimran

26413: Inattentive Economies

George-Marios Angeletos and Karthik Sastry

26412: O Youth and Beauty: Children’s Looks and Children’s Cognitive Development

Daniel Hamermesh, Rachel A. Gordon and Robert Crosnoe

26411: Setting a Good Example? Examining Sibling Spillovers in Educational Achievement Using a Regression Discontinuity Design

Krzysztof Karbownik and Umut Özek

26410: The Wife’s Protector: A Quantitative Theory Linking Contraceptive Technology with the Decline in Marriage

Jeremy Greenwood, Nezih Guner and Karen Kopecky

26409: Electoral Competition with Fake News

Gene Grossman and Elhanan Helpman

26408: Intergenerational Mobility of Immigrants in the US over Two Centuries

Ran Abramitzky, Leah Boustan, Elisa Jácome and Santiago Perez

26407: The Return to Education in the Mid-20th Century: Evidence from Twins

James Feigenbaum and Hui Ren Tan

26406: Money-Back Guarantees in Individual Retirement Accounts: Are They Good Policy?

Vanya Horneff, Daniel Liebler, Raimond Maurer and Olivia Mitchell

26405: The EITC and the Extensive Margin: A Reappraisal

Henrik Kleven

26404: Rules and Commitment in Communication: an Experimental Analysis

Guillaume R. Fréchette, Alessandro Lizzeri and Jacopo Perego

26403: Spending Reductions in the Medicare Shared Savings Program: Selection or Savings?

J. Michael McWilliams, Laura A. Hatfield, Bruce E. Landon and Michael E. Chernew

26402: Household Heterogeneity and the Transmission of Foreign Shocks

Sergio de Ferra, Kurt Mitman and Federica Romei

26401: Demand Conditions and Worker Safety: Evidence from Price Shocks in Mining

Kerwin Kofi Charles, Matthew S. Johnson, Melvin Stephens and Do Lee

26400: Lending to the Unbanked: Relational Contracting with Loan Sharks

Kevin Lang, Kaiwen Leong, Huailu Li and Haibo Xu

26399: The Labor Market Effects of Mexican Repatriations: Longitudinal Evidence from the 1930s

Jongkwan Lee, Giovanni Peri and Vasil Yasenov

26398: Non-Parametric Tests of the Tragedy of the Commons

Spencer Banzhaf, Yaqin Liu, Martin Smith and Frank Asche

26397: Optimal Policy for Macro-Financial Stability

Gianluca Benigno, Huigang Chen, Christopher Otrok, Alessandro Rebucci and Eric Young

26396: Tariff Passthrough at the Border and at the Store: Evidence from US Trade Policy

Alberto Cavallo, Gita Gopinath, Brent Neiman and Jenny Tang

26395: The Unintended Effects from Halting Nuclear Power Production: Evidence from Fukushima Daiichi Accident

Matthew Neidell, Shinsuke Uchida and Marcella Veronesi

26394: Expectations-Based Loss Aversion May Help Explain Seemingly Dominated Choices in Strategy-Proof Mechanisms

Bnaya Dreyfuss, Ori Heffetz and Matthew Rabin

26393: The Impact of Sugar-Sweetened Beverage Taxes on Purchases: Evidence from Four City-Level Taxes in the U.S

John Cawley, David Frisvold and David Jones

26392: Give Me Your Tired, Your Poor, Your High-Skilled Labor: H-1B Lottery Outcomes and Entrepreneurial Success

Stephen Dimmock, Jiekun Huang and Scott Weisbenner

26391: Hysteresis from Employer Subsidies

Emmanuel Saez, Benjamin Schoefer and David Seim

26390: Cities in the Developing World

Gharad Bryan, Edward Glaeser and Nick Tsivanidis

26389: Design and Analysis of Cluster-Randomized Field Experiments in Panel Data Settings

Bharat K. Chandar, Ali Hortacsu, John List, Ian Muir and Jeffrey Wooldridge

26388: Biometric Tracking, Healthcare Provision, and Data Quality: Experimental Evidence from Tuberculosis Control

Thomas Bossuroy, Clara Delavallade and Vincent Pons

26387: Taxing Billionaires: Estate Taxes and the Geographical Location of the Ultra-Wealthy

Enrico Moretti and Daniel Wilson

26386: My Brother’s Keeper? The Impact of Targeted Educational Supports

Thomas Dee and Emily Penner

26385: The Electric Gini: Income Redistribution through Energy Prices

Arik Levinson and Emilson Silva

26384: What to Expect When It Gets Hotter: The Impacts of Prenatal Exposure to Extreme Heat on Maternal Health

Jiyoon Kim, Ajin Lee and Maya Rossin-Slater

26383: A Welfare Analysis of Occupational Licensing in U.S. States

Morris M. Kleiner and Evan J. Soltas

26382: Playing Hide and Seek: How Lenders Respond to Borrower Protection

Youssef Benzarti

26381: Recent Increases in Air Pollution: Evidence and Implications for Mortality

Karen Clay and Nicholas Muller