NBER Working Papers

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25611: Quality, Variable Markups, and Welfare: A Quantitative General Equilibrium Analysis of Export Prices

Haichao Fan, Yao Li, Sichuang Xu and Stephen Yeaple

25610: Assessing the Gains from E-Commerce

Paul Dolfen, Liran Einav, Peter J. Klenow, Benjamin Klopack, Jonathan Levin, Laurence Levin and Wayne Best

25609: Entry Costs and the Macroeconomy

German Gutierrez, Callum Jones and Thomas Philippon

25608: The Right to Education Act: Trends in Enrollment, Test Scores, and School Quality

Manisha Shah and Bryce Millett Steinberg

25607: Equilibrium Allocations under Alternative Waitlist Designs: Evidence from Deceased Donor Kidneys

Nikhil Agarwal, Itai Ashlagi, Michael A. Rees, Paulo J. Somaini and Daniel C. Waldinger

25606: Might Global Uncertainty Promote International Trade?

Isaac Baley, Laura Veldkamp and Michael Waugh

25605: Socialized Healthcare and Women’s Fertility Decisions

Resul Cesur, Pinar Gunes, Erdal Tekin and Aydogan Ulker

25604: Fintech and Household Resilience to Shocks: Evidence from Digital Loans in Kenya

Prashant Bharadwaj, William Jack and Tavneet Suri

25603: "Superstitious" Investors

Hongye Guo and Jessica Wachter

25602: The Economic Value of Breaking Bad: Misbehavior, Schooling and the Labor Market

Nicholas Papageorge, Victor Ronda and Yu Zheng

25601: Political Parties Do Matter in U.S. Cities... For Their Unfunded Pensions

Christian Dippel

25600: School Finance Equalization Increases Intergenerational Mobility: Evidence from a Simulated-Instruments Approach

Barbara Biasi

25599: Household Innovation, R&D, and New Measures of Intangible Capital

Daniel Sichel and Eric von Hippel

25598: Universal Basic Income in the Developing World

Abhijit Banerjee, Paul Niehaus and Tavneet Suri

25597: Children, Unhappiness and Family Finances: Evidence from One Million Europeans

David Blanchflower and Andrew Clark

25596: Actors in the Child Development Process

Daniela Del Boca, Christopher Flinn, Ewout Verriest and Matthew Wiswall

25595: On the Economics of Science Parks

Wen-Jung Liang, Chao-Cheng Mai, Jacques Thisse and Ping Wang

25594: The Effect of Pollution and Heat on High Skill Public Sector Worker Productivity in China

Matthew Kahn and Pei Li

25593: Best Linear Approximations to Set Identified Functions: With an Application to the Gender Wage Gap

Arun Chandrasekhar, Victor Chernozhukov, Francesca Molinari and Paul Schrimpf

25592: Decentralized Mining in Centralized Pools

Lin Cong, Zhiguo He and Jiasun Li

25591: Are Consumers Attentive to Local Energy Costs? Evidence from the Appliance Market

Sébastien Houde and Erica Myers

25590: Toward an Understanding of the Development of Time Preferences: Evidence from Field Experiments

James Andreoni, Michael Kuhn, John List, Anya Samek, Kevin Sokal and Charles Sprenger

25589: When Celebrities Speak: A Nationwide Twitter Experiment Promoting Vaccination In Indonesia

Vivi Alatas, Arun Chandrasekhar, Markus Mobius, Benjamin Olken and Cindy Paladines

25588: Work of the Past, Work of the Future

David Autor

25587: Investigating Treatment Effects of Participating Jointly in SNAP and WIC when the Treatment is Validated Only for SNAP

Helen Jensen, Brent Kreider and Oleksandr Zhylyevskyy

25586: Market Inefficiency and Household Labor Supply: Evidence from Social Security’s Survivors Benefits

Itzik Fadlon, Shanthi Ramnath and Patricia K. Tong

25585: Digital Abundance and Scarce Genius: Implications for Wages, Interest Rates, and Growth

Seth Benzell and Erik Brynjolfsson

25584: Mentally Spent: Credit Conditions and Mental Health

Qing Hu, Ross Levine, Chen Lin and Mingzhu Tai

25583: Global Collateral and Capital Flows

Ana Fostel, John Geanakoplos and Gregory Phelan

25582: Environmental Policy on the Back of an Envelope: A Cobb-Douglas Model is Not Just a Teaching Tool

Don Fullerton and Chi Ta

25581: Paying for Kidneys? A Randomized Survey and Choice Experiment

Julio Elias, Nicola Lacetera and Mario Macis

25580: Amenities, Risk, and Flood Insurance Reform

V. Kerry Smith and Ben Whitmore

25579: Long-Term Discount Rates Do Not Vary Across Firms

Matti Keloharju, Juhani T. Linnainmaa and Peter Nyberg

25578: Market Power and Income Taxation

Louis Kaplow

25577: The Declining Labor Market Prospects of Less-Educated Men

Ariel Binder and John Bound

25576: Experimental Evidence on the Effect of Information and Pricing on Residential Electricity Consumption

Jesse Burkhardt, Kenneth Gillingham and Praveen K. Kopalle

25575: Norms, Enforcement, and Tax Evasion

Timothy Besley, Anders Jensen and Torsten Persson

25574: Are Sufficient Statistics Necessary? Nonparametric Measurement of Deadweight Loss from Unemployment Insurance

David S. Lee, Pauline Leung, Christopher O'Leary, Zhuan Pei and Simon Quach

25573: Demand for Crash Insurance, Intermediary Constraints, and Risk Premia in Financial Markets

Hui Chen, Scott Joslin and Sophie X. Ni

25572: Employer Concerns and Responses to an Aging Workforce

Robert L. Clark, Steven Nyce, Beth Ritter and John B. Shoven

25571: The Fiscal Multiplier

Marcus Hagedorn, Iourii Manovskii and Kurt Mitman

25570: The Efficiency and Distributional Effects of Alternative Residential Electricity Rate Designs

Scott P. Burger, Christopher Knittel, Ignacio J. Pérez-Arriaga, Ian Schneider and Frederik vom Scheidt

25569: When Labor’s Lost: Health, Family Life, Incarceration, and Education in a Time of Declining Economic Opportunity for Low-Skilled Men

Courtney Coile and Mark Duggan

25568: Simulated Power Analyses for Observational Studies: An Application to the Affordable Care Act Medicaid Expansion

Bernard Black, Alex Hollingsworth, Letícia Nunes and Kosali Simon

25567: Naïve *Buying* Diversification and Narrow Framing by Individual Investors

John Gathergood, David Hirshleifer, David Leake, Hiroaki Sakaguchi and Neil Stewart

25566: Visibility Bias in the Transmission of Consumption Beliefs and Undersaving

Bing Han, David Hirshleifer and Johan Walden

25565: Immigrant Entrepreneurs and Innovation in the U.S. High-Tech Sector

J. David Brown, John Earle, Mee Jung Kim and Kyung Min Lee

25564: How Does Supplemental Medicare Coverage Affect the Disabled Under-65 Population?: An Exploratory Analysis of the Health Effects of States’ Medigap Policies for SSDI Beneficiaries

Philip Armour and Claire O’Hanlon

25563: The Dynamics of the U.S. Trade Balance and Real Exchange Rate: The J Curve and Trade Costs?

George Alessandria and Horag Choi

25562: Immigration and Preferences for Redistribution in Europe

Alberto Alesina, Elie Murard and Hillel Rapoport

25561: Ambiguity Attitudes about Investments: Evidence from the Field

Kanin Anantanasuwong, Roy Kouwenberg, Olivia Mitchell and Kim Peijnenberg

25560: Bringing Satellite-Based Air Quality Estimates Down to Earth

Meredith Fowlie, Edward Rubin and Reed Walker

25559: The Endowment Model and Modern Portfolio Theory

Stephen Dimmock, Neng Wang and Jinqiang Yang

25558: Productivity Measurement: Racing to Keep Up

Daniel E. Sichel

25557: How Do Americans Repay Their Debt? The Balance-Matching Heuristic

John Gathergood, Neale Mahoney, Neil Stewart and Jörg Weber

25556: Retirement Implications of a Low Wage Growth, Low Real Interest Rate Economy

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

25555: De Facto or De Jure? Ethnic Differences in Quit Responses to Legal Protections of Medical Marijuana Dispensaries

Jenny Williams, Rosalie Pacula and Rosanna Smart

25554: Market Expectations About Climate Change

Wolfram Schlenker and Charles Taylor

25553: Do Trade Creditors Possess Private Information? Stock Returns Evidence

David Hirshleifer, Yifan Li, Ben Lourie and Thomas Ruchti

25552: Paying to Program? Engineering Brand and High-Tech Wages

Prasanna Tambe, Xuan Ye and Peter Cappelli

25551: Factor Momentum and the Momentum Factor

Sina Ehsani and Juhani T. Linnainmaa

25550: Job creation in Colombia vs the U.S.: “up or out dynamics” meets “the life cycle of plants”

Marcela Eslava, John C. Haltiwanger and Alvaro Pinzón

25549: Chinese Bond Market and Interbank Market

Marlene Amstad and Zhiguo He

25548: Discrimination In The Age Of Algorithms

Jon Kleinberg, Jens Ludwig, Sendhil Mullainathan and Cass R. Sunstein

25547: Contract Enforcement and Productive Efficiency: Evidence from the Bidding and Renegotiation of Power Contracts in India

Nicholas Ryan

25546: Tax Policy and Local Labor Market Behavior

Daniel G. Garrett, Eric C. Ohrn and Juan Carlos Suárez Serrato

25545: The Hidden Costs of Securing Innovation: The Manifold Impacts of Compulsory Invention Secrecy

Daniel Gross

25544: General Equilibrium Effects in Space: Theory and Measurement

Rodrigo Adão, Costas Arkolakis and Federico Esposito

25543: Sovereign Bonds since Waterloo

Josefin Meyer, Carmen Reinhart and Christoph Trebesch

25542: Fully Closed: Individual Responses to Realized Gains and Losses

Steffen Meyer and Michaela Pagel

25541: Technological Progress and Health Convergence: The Case of Penicillin in Post-War Italy

Marcella Alsan, Vincenzo Atella, Jay Bhattacharya, Valentina Conti, Iván Mejía-Guevara and Grant Miller

25540: We are all Behavioral, More or Less: Measuring and Using Consumer-level Behavioral Sufficient Statistics

Victor Stango and Jonathan Zinman

25539: Import Competition, Heterogeneous Preferences of Managers, and Productivity

Cheng Chen and Claudia Steinwender

25538: Universal Basic Income in the US and Advanced Countries

Hilary W. Hoynes and Jesse Rothstein

25537: Estimating the Economic Impacts of Climate Change Using Weather Observations

Charles Kolstad and Frances C. Moore

25536: Narratives about Technology-Induced Job Degradations Then and Now

Robert J. Shiller

25535: Born in the Family: Preferences for Boys and the Gender Gap in Math

Gaia Dossi, David Figlio, Paola Giuliano and Paola Sapienza

25534: Intergenerational Mobility in Africa

Alberto Alesina, Sebastian Hohmann, Stelios Michalopoulos and Elias Papaioannou

25533: The Economics of Parenting

Matthias Doepke, Giuseppe Sorrenti and Fabrizio Zilibotti

25532: Synthetic Difference In Differences

Dmitry Arkhangelsky, Susan Athey, David A. Hirshberg, Guido Imbens and Stefan Wager

25531: Ten Years after the Financial Crisis: What Have We Learned from the Renaissance in Fiscal Research?

Valerie Ramey

25530: A Panel-based Proxy for Gun Prevalence in the US

Daniel Cerqueira, Danilo Coelho, John Donohue, Marcelo Fernandes and Jony Arrais Pinto

25529: Fading Stars

German Gutierrez and Thomas Philippon

25528: Judging Judge Fixed Effects

Brigham R. Frandsen, Lars Lefgren and Emily Leslie

25527: Intergenerational Effects of Welfare Reform: Adolescent Delinquent and Risky Behaviors

Dhaval Dave, Hope Corman, Ariel Kalil, Ofira Schwartz-Soicher and Nancy Reichman

25526: Understanding the Correlation between Alzheimer’s Disease Polygenic Risk, Wealth, and the Composition of Wealth Holdings

Su H. Shin, Dean R. Lillard and Jay Bhattacharya

25525: Bank of Japan Equity Purchases: The (Non-)Effects of Extreme Quantitative Easing

Ben Charoenwong, Randall Morck and Yupana Wiwattanakantang

25524: Child Penalties Across Countries: Evidence and Explanations

Henrik Kleven, Camille Landais, Johanna Posch, Andreas Steinhauer and Josef Zweimüller

25523: The Monetary and Fiscal History of Bolivia, 1960–2017

Timothy Kehoe, Carlos Machicado Salas and José Peres-Cajías

25522: Strict ID Laws Don’t Stop Voters: Evidence from a U.S. Nationwide Panel, 2008–2018

Enrico Cantoni and Vincent Pons

25521: Fertility Trends in the United States, 1980-2017: The Role of Unintended Births

Kasey Buckles, Melanie Guldi and Lucie Schmidt

25520: Optimal Corporate Taxation Under Financial Frictions

Eduardo Davila and Benjamin M. Hébert

25519: Average Crossing Time: An Alternative Characterization of Mean Aversion and Reversion

John B. Donaldson and Rajnish Mehra

25518: Do Immigrants Delay Retirement and Social Security Claiming?

Mary Lopez and Sita Slavov

25517: Endogenous Trade Protection and Exchange Rate Adjustment

Stéphane Auray, Michael Devereux and Aurélien Eyquem

25516: How Elastic is the Demand for Tax Havens? Evidence from the US Possessions Corporations Tax Credit

Daniel G. Garrett and Juan Carlos Suárez Serrato

25515: Big Data and Firm Dynamics

Maryam Farboodi, Roxana Mihet, Thomas Philippon and Laura Veldkamp

25514: The Welfare Effects of Social Media

Hunt Allcott, Luca Braghieri, Sarah Eichmeyer and Matthew Gentzkow

25513: Parental Beliefs about Returns to Different Types of Investments in School Children

Orazio Attanasio, Teodora Boneva and Christopher Rauh

25512: The Nonpuzzling Behavior of Median Inflation

Laurence Ball and Sandeep Mazumder