NBER Working Papers

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26276: Understanding Different Approaches to Benefit-Based Taxation

Robert Scherf and Matthew Weinzierl

26275: Be Careful What You Ask For: Fundraising Strategies in Equity Crowdfunding

Thomas Hellmann, Ilona Mostipan and Nir Vulkan

26274: Getting Tired of Your Friends: The Dynamics of Venture Capital Relationships

Qianqian Du and Thomas Hellmann

26273: Experimental Innovation Policy

Albert Bravo-Biosca

26272: Work after Retirement: Worklife Transitions of Career Public Employess

Robert L. Clark, Robert Hammond and Siyan Liu

26271: Integration Costs and Missing Women in Firms

Conrad Miller, Jennifer Peck and Mehmet Seflek

26270: The Effect of High-Tech Clusters on the Productivity of Top Inventors

Enrico Moretti

26269: Primary Care Physician Practice Styles and Patient Care: Evidence from Physician Exits in Medicare

Itzik Fadlon and Jessica Van Parys

26268: Do Environmental Markets Improve on Open Access? Evidence from California Groundwater Rights

Andrew Ayres, Kyle Meng and Andrew J. Plantinga

26267: Cognitive Hubs and Spatial Redistribution

Esteban Rossi-Hansberg, Pierre Daniel Sarte and Felipe Schwartzman

26266: Trade and Firm Financing

Paul Bergin, Ling Feng and Ching-Yi Lin

26265: The ICO Paradox: Transactions Costs, Token Velocity, and Token Value

Richard Holden and Anup Malani

26264: Did the War on Terror Ignite an Opioid Epidemic?

Resul Cesur, Joseph J. Sabia and W. David Bradford

26263: Does Automatic Enrollment Increase Contributions to Supplement Retirement Programs by K-12 and University Employees?

Robert L. Clark and Denis Pelletier

26262: Riders on the Storm

Oscar Jorda and Alan Taylor

26261: Collusive Investments in Technological Compatibility: Lessons from U.S. Railroads in the Late 19th Century

Daniel Gross

26260: Nonrivalry and the Economics of Data

Charles Jones and Christopher Tonetti

26259: Puzzling Exchange Rate Dynamics and Delayed Portfolio Adjustment

Philippe Bacchetta and Eric van Wincoop

26258: Modeling Imprecision in Perception, Valuation and Choice

Michael Woodford

26257: The School to Prison Pipeline: Long-Run Impacts of School Suspensions on Adult Crime

Andrew Bacher-Hicks, Stephen Billings and David Deming

26256: U.S. Trade Policy in Historical Perspective

Douglas Irwin

26255: Asset Pricing with Fading Memory

Stefan Nagel and Zhengyang Xu

26254: The Economic Consequences of Bankruptcy Reform

Tal Gross, Raymond Kluender, Feng Liu, Matthew Notowidigdo and Jialan Wang

26253: From Transactions Data to Economic Statistics: Constructing Real-time, High-frequency, Geographic Measures of Consumer Spending

Aditya Aladangady, Shifrah Aron-Dine, Wendy Dunn, Laura Feiveson, Paul Lengermann and Claudia Sahm

26252: The China Shock and Employment in Portuguese Firms

Lee Branstetter, Brian Kovak, Jacqueline Mauro and Ana Venâncio

26251: Characterization, Existence, and Pareto Optimality in Markets with Asymmetric Information and Endogenous and Asymmetric Disclosures: Basic Analytics of Revisiting Rothschild-Stiglitz

Joseph Stiglitz, Jungyoll Yun and Andrew Kosenko

26250: Panel Data and Experimental Design

Fiona Burlig, Louis Preonas and Matt Woerman

26249: The Effects of a Money-Financed Fiscal Stimulus

Jordi Galí

26248: Uncertainty-Induced Reallocations and Growth

Ravi Bansal, Mariano Croce, Wenxi Liao and Samuel Rosen

26247: Inversions in US Presidential Elections: 1836-2016

Michael Geruso, Dean Spears and Ishaana Talesara

26246: Price Discrimination within and across EMU Markets: Evidence from French Exporters

Francois Fontaine, Julien Martin and Isabelle Mejean

26245: Overcoming Contractual Incompleteness: The Role of Guiding Principles

David Frydlinger and Oliver Hart

26244: Leave-out Estimation of Variance Components

Patrick Kline, Raffaele Saggio and Mikkel Sølvsten

26243: Rising Policy Uncertainty

Steven Davis

26242: Fathers' Multiple-Partner Fertility and Children’s Educational Outcomes

Donna Ginther, Astrid Grasdal and Robert Pollak

26241: Brokering Votes With Information Spread Via Social Networks

Raúl Duarte, Frederico Finan, Horacio Larreguy and Laura Schechter

26240: Conference Presentations and Academic Publishing

Yuriy Gorodnichenko, Tho Pham and Oleksandr Talavera

26239: Granular Search, Market Structure, and Wages

Gregor Jarosch, Jan Sebastian Nimczik and Isaac Sorkin

26238: Changes in Family Structure and Welfare Participation Since the 1960s: The Role of Legal Services

Andrew Goodman-Bacon and Jamein P. Cunningham

26237: Exposure to Daily Price Changes and Inflation Expectations

Francesco D’Acunto, Ulrike Malmendier, Juan Ospina-Tejeiro and Michael Weber

26236: A Macroprudential Theory of Foreign Reserve Accumulation

Fernando Arce, Julien Bengui and Javier Bianchi

26235: Local Effects of Land Grant Colleges on Agricultural Innovation and Output

Michael Andrews

26234: Impact of Defaults in Retirement Saving Plans: Public Employee Plans

Robert L. Clark and Denis Pelletier

26233: Oakland’s Sugar-Sweetened Beverage Tax: Impacts on Prices, Purchases and Consumption by Adults and Children

John Cawley, David Frisvold, Anna Hill and David Jones

26232: Reducing and Preventing Homelessness: A Review of the Evidence and Charting a Research Agenda

William Evans, David C. Philips and Krista Ruffini

26231: Macro Recruiting Intensity from Micro Data

Simon Mongey and Giovanni Violante

26230: How Distortions Alter the Impacts of International Trade in Developing Countries

David Atkin and Amit Khandelwal

26229: A Crash Course on the Euro Crisis

Markus Brunnermeier and Ricardo Reis

26228: New Evidence on the Effects of Mandatory Waiting Periods for Abortion

Jason Lindo and Mayra Pineda-Torres

26227: Combining Family History and Machine Learning to Link Historical Records

Joseph Price, Kasey Buckles, Jacob Van Leeuwen and Isaac Riley

26226: A Requiem for “Blame It on Beijing”: Interpreting Rotating Global Current Account Surpluses

Menzie Chinn and Hiro Ito

26225: Are Foreign Stem PhDs More Entrepreneurial? Entrepreneurial Characteristics, Preferences and Employment Outcomes of Native and Foreign Science & Engineering PhD Students

Michael Roach, Henry Sauermann and John Skrentny

26224: The Efficient Deployment of Police Resources: Theory and New Evidence from a Randomized Drunk Driving Crackdown in India

Abhijit Banerjee, Esther Duflo, Daniel Keniston and Nina Singh

26223: Dynamic Social Interactions and Health Risk Behavior

Tiziano Arduini, Alberto Bisin, Onur Ozgur and Eleonora Patacchini

26222: Toward an Understanding of Corporate Social Responsibility: Theory and Field Experimental Evidence

Daniel Hedblom, Brent R. Hickman and John List

26221: Optimal Ratings and Market Outcomes

Hugo Hopenhayn and Maryam Saeedi

26220: On the Redesign of Accident Liability for the World of Autonomous Vehicles

Steven Shavell

26219: How Do Private Digital Currencies Affect Government Policy?

Max Raskin, Fahad Saleh and David Yermack

26218: The Impact of Brexit on UK Firms

Nicholas Bloom, Philip Bunn, Scarlet Chen, Paul Mizen, Pawel Smietanka and Gregory Thwaites

26217: State-Dependent Demand Estimation with Initial Conditions Correction

Andrey Simonov, Jean-Pierre H. Dubé, Günter J. Hitsch and Peter Rossi

26216: How Do Foreclosures Exacerbate Housing Downturns?

Adam Guren and Timothy J. McQuade

26215: Power and Publications in Chinese Academia

Ruixue Jia, Huihua Nie and Wei Xiao

26214: Cryptocurrencies, Currency Competition, and the Impossible Trinity

Pierpaolo Benigno, Linda Schilling and Harald Uhlig

26213: Putting Global Governance in its Place

Dani Rodrik

26212: Entry, Trade, and Exporting over the Cycle

George Alessandria and Horag Choi

26211: On Measuring Global Poverty

Martin Ravallion

26210: Search Complementarities, Aggregate Fluctuations, and Fiscal Policy

Jesus Fernandez-Villaverde, Federico Mandelman, Yang Yu and Francesco Zanetti

26209: Housing Prices, Inter-generational Co-residence, and “Excess” Savings by the Young: Evidence using Chinese Data

Mark Rosenzweig and Junsen Zhang

26208: Subsidies and the African Green Revolution: Direct Effects and Social Network Spillovers of Randomized Input Subsidies in Mozambique

Michael Carter, Rachid Laajaj and Dean Yang

26207: Taxation and the Superrich

Florian Scheuer and Joel Slemrod

26206: Strict Voter Identification Laws, Turnout, and Election Outcomes

Mark Hoekstra and Vijetha Koppa

26205: The Unintended Impacts of Agricultural Fires: Human Capital in China

Joshua Graff Zivin, Tong Liu, Yingquan Song, Qu Tang and Peng Zhang

26204: The Challenges of Universal Health Insurance in Developing Countries: Evidence from a Large-scale Randomized Experiment in Indonesia

Abhijit Banerjee, Amy Finkelstein, Rema Hanna, Benjamin Olken, Arianna Ornaghi and Sudarno Sumarto

26203: Formal Employment and Organized Crime: Regression Discontinuity Evidence from Colombia

Gaurav Khanna, Carlos Medina, Anant Nyshadham and Jorge A. Tamayo

26202: When Technological Advance Meets Physician Learning in Drug Prescribing

Domenico Depalo, Jay Bhattacharya, Vincenzo Atella and Federico Belotti

26201: Welfare State vs. Market Forces in a Globalization Era

Assaf Razin, Efraim Sadka and Alexander Schwemmer

26200: A Retrieved-Context Theory Of Financial Decisions

Jessica Wachter and Michael Jacob Kahana

26199: Fooled by the Cycle: Permanent versus Cyclical Improvements in Social Indicators

José Andrée Camarena, Luciana Galeano, Luis Morano, Jorge Puig, Daniel Riera-Crichton, Carlos Vegh, Lucila Venturi and Guillermo Vuletin

26198: On Secular Stagnation in the Industrialized World

Lukasz Rachel and Lawrence Summers

26197: The Impact of Socioeconomic and Cultural Differences on Online Trade

Daniel W. Elfenbein, Raymond Fisman and Brian McManus

26196: Synergizing Ventures

Ufuk Akcigit, Emin Dinlersoz, Jeremy Greenwood and Veronika Penciakova

26195: Do Value-Added Taxes Affect International Trade Flows? Evidence from 30 Years of Tax Reforms

Youssef Benzarti and Alisa Tazhitdinova

26194: Four Facts Concerning Competition in U.S. Generic Prescription Drug Markets

Rena Conti and Ernst R. Berndt

26193: The Textbook Case for Industrial Policy: Theory Meets Data

Dominick Bartelme, Arnaud Costinot, Dave Donaldson and Andres Rodriguez-Clare

26192: The Impact of the ACA Medicaid Expansion on Disability Program Applications

Lucie Schmidt, Lara Shore-Sheppard and Tara Watson

26191: Preschool Quality and Child Development

Alison Andrew, Orazio Attanasio, Raquel Bernal, Lina Cardona-Sosa, Sonya Krutikova and Marta Rubio-Codina

26190: The Short Term Impact of a Productive Asset Transfer in Families with Child Labor: Experimental Evidence from the Philippines

Eric Edmonds and Caroline Theoharides

26189: External Societal Costs of Antimicrobial Resistance in Humans Attributable to Antimicrobial Use in Livestock

Gabriel K. Innes, Pranay R. Randad, Anton Korinek, Meghan F. Davis, Lance B. Price, Anthony D. So and Christopher D. Heaney

26188: Misallocation Under Trade Liberalization

Yan Bai, Keyu Jin and Dan Lu

26187: The Impact of Mass Shootings on Gun Policy

Michael Luca, Deepak Malhotra and Christopher Poliquin

26186: Predicting Returns With Text Data

Zheng Tracy Ke, Bryan T. Kelly and Dacheng Xiu

26185: The Labor Supply Consequences of Having a Boy in China

Shing-Yi Wang

26184: The Natural Level of Capital Flows

John Burger, Francis E. Warnock and Veronica Cacdac Warnock

26183: The Effects of Competition in Consumer Credit Market

Stefan Gissler, Rodney Ramcharan and Edison Yu

26182: Impact of Rural and Urban Hospital Closures on Inpatient Mortality

Kritee Gujral and Anirban Basu

26181: Business Cycle during Structural Change: Arthur Lewis' Theory from a Neoclassical Perspective

Kjetil Storesletten, Bo Zhao and Fabrizio Zilibotti

26180: Rules of Thumb and Attention Elasticities: Evidence from Under- and Overreaction to Taxes

William Morrison and Dmitry Taubinsky

26179: How Costly is Turnover? Evidence from Retail

Peter Kuhn and Lizi Yu

26178: Machine Learning for Solar Accessibility: Implications for Low-Income Solar Expansion and Profitability

Sruthi Davuluri, René García Franceschini, Christopher Knittel, Chikara Onda and Kelly Roache

26177: Persistent Government Debt and Aggregate Risk Distribution

Mariano Croce, Thien T. Nguyen and Steve Raymond