NBER Working Papers

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32711: Does Income Affect Health? Evidence from a Randomized Controlled Trial of a Guaranteed Income

Sarah Miller, Elizabeth Rhodes, Alexander Bartik, David E. Broockman, Patrick K. Krause and Eva Vivalt

32710: Paid Sick Leave and Childcare

Johanna Maclean and Sabrina Pabilonia

32709: Granular Income Inequality and Mobility using IDDA: Exploring Patterns across Race and Ethnicity

Illenin Kondo, Kevin Rinz, Natalie Gubbay, Brandon Hawkins, John L. Voorheis and Abigail Wozniak

32708: The U.S. Low-Wage Structure: A McWage Comparison

Orley Ashenfelter and Stepan Jurajda

32707: Quantities and Covered-Interest Parity

Tobias J. Moskowitz, Chase Ross, Sharon Y. Ross and Kaushik Vasudevan

32706: Contrasting the Local and National Demographic Incidence of Local Labor Demand Shocks

Richard Mansfield

32705: Is Model Accuracy Enough? A Field Evaluation Of A Machine Learning Model To Catch Bogus Firms

Taha Barwahwala, Aprajit Mahajan, Shekhar Mittal and Ofir Reich

32704: The Socioeconomic Outcomes of Native Groups in Argentina

Pedro Dal Bó and Carolina Lopez

32703: Don’t Throw the Baby Out With the Bathwater: Firm Response to Downstream Product Shocks

Phares Akari, Chirantan Chatterjee and Matthew Higgins

32702: Extreme Events, Educational Aspirations and Long-term Outcomes

Rene A. Iwo, Elizabeth Frankenberg, Cecep Sumantri and Duncan Thomas

32701: Government as Venture Capitalists in AI

Martin Beraja, Wenwei Peng, David Yang and Noam Yuchtman

32700: Moral Hazard and Unemployment in Competitive Equilibrium

Patrick Rey and Joseph Stiglitz

32699: How Do You Find a Good Manager?

Ben Weidmann, Joseph Vecci, Farah Said, David Deming and Sonia Bhalotra

32698: Intellectual Property and Creative Machines

Gaétan de Rassenfosse, Adam Jaffe and Joel Waldfogel

32697: Changing Opportunity: Sociological Mechanisms Underlying Growing Class Gaps and Shrinking Race Gaps in Economic Mobility

Raj Chetty, Will S. Dobbie, Benjamin Goldman, Sonya Porter and Crystal Yang

32696: Navigating Software Vulnerabilities: Eighteen Years of Evidence from Medium and Large U.S. Organizations

Raviv Murciano-Goroff, Ran Zhuo and Shane Greenstein

32695: An Engine of (Pay) Growth? Productivity and Wages in the UK Auto Industry

Agnes Norris Keiller, Tim Obermeier, Andreas Teichgraeber and John van Reenen

32694: Webmunk: A New Tool for Studying Online Behavior and Digital Platforms

Chiara Farronato, Andrey Fradkin and Chris Karr

32693: Identifying Shocks to Systematic Risk in Times of Crisis

Jacob Boudoukh, Yukun Liu, Tobias J. Moskowitz and Matthew P. Richardson

32692: Driving Change: Evaluating Connecticut's Collaborative Approach to Reducing Racial Disparities in Policing

Susan T. Parker, Matthew Ross and Stephen Ross

32691: Transgender Earnings Gaps in the United States: Evidence from Administrative Data

Christopher Carpenter, Lucas Goodman and Maxine J. Lee

32690: How will Generative AI impact Communication?

Joshua Gans

32689: Redesigning Payments for Ecosystem Services to Increase Cost-Effectiveness

Santiago Izquierdo-Tort, Seema Jayachandran and Santiago Saavedra

32688: The Distributional Effects of U.S. Tax Credits for Heat Pumps, Solar Panels, and Electric Vehicles

Severin Borenstein and Lucas Davis

32687: Labor Market Matching, Wages, and Amenities

Thibaut Lamadon, Jeremy Lise, Costas Meghir and Jean-Marc Robin

32686: Will User-Contributed AI Training Data Eat Its Own Tail?

Joshua Gans

32685: Demand for Artificial Intelligence in Settlement Negotiations

Joshua Gans

32684: Learning, Catastrophic Risk and Ambiguity in the Climate Change Era

Frances C. Moore

32683: Intertemporal Choice Bracketing and the Measurement of Time Preferences

Yonas Alem, John Loeser and Aprajit Mahajan

32682: McCarthyism, Media, and Political Repression: Evidence from Hollywood

Hui Ren Tan and Tianyi Wang

32681: Local Administration and Racial Inequality in Federal Program Access: Insights from New Deal Work Relief

Price Fishback, Jessamyn Schaller and Evan J. Taylor

32680: Higher-Order Beliefs and Risky Asset Holdings

Yuriy Gorodnichenko and Xiao Yin

32679: The Effect of Postsecondary Educational Institutions on Local Economies: A Bird’s-Eye View

Patrick Lehnert, Madison Dell, Uschi Backes-Gellner and Eric Bettinger

32678: The Economics of Biodiversity Loss

Stefano Giglio, Theresa Kuchler, Johannes Stroebel and Olivier Wang

32677: Innovation Spillovers across U.S. Tech Clusters

Xavier Giroud, Ernest Liu and Holger Mueller

32676: Investment in Preventive Care for Children of Middle Eastern Ancestry During the Trump Administration

Shooshan Danagoulian, Owen Fleming, Daniel S. Grossman and David Slusky

32675: Spillovers in Public Benefit Enrollment: How does Expanding Public Health Insurance for Working-Age Adults affect Future Health Insurance Choices?

M. Kate Bundorf, Melissa McInerney, Kosali Simon and Ruth Winecoff

32674: On the Determinants of Young Adult Outcomes: Impacts of Randomly Assigned Neighborhoods For Children in Military Families

Laura Kawano, Bruce Sacerdote, William Skimmyhorn and Michael Stevens

32673: Dynamic Price Competition with Capacity Constraints

Jose M. Betancourt, Ali Hortaçsu, Aniko Öry and Kevin Williams

32672: Lessons from the Biggest Business Tax Cut in US History

Gabriel Chodorow-Reich, Owen Zidar and Eric Zwick

32671: Alternative Measures of Teachers’ Value Added and Impact on Short and Long-Term Outcomes: Evidence From Random Assignment

Victor Lavy and Rigissa Megalokonomou

32670: Search and Biased Beliefs in Education Markets

Patrick Agte, Claudia Allende, Adam Kapor, Christopher Neilson and Fernando Ochoa

32669: Aggregate Shocks and the Formation of Preferences and Beliefs

Paola Giuliano and Antonio Spilimbergo

32668: Designing Scientific Grants

Christoph Carnehl, Marco Ottaviani and Justus Preusser

32667: Codification, Technology Absorption, and the Globalization of the Industrial Revolution

Réka Juhász, Shogo Sakabe and David Weinstein

32666: Lessons from History for Successful Disinflation

Christina Romer and David Romer

32665: Donald Trump's words

Nikita Savin and Daniel Treisman

32664: Beliefs About the Economy are Excessively Sensitive to Household-Level Shocks: Evidence from Linked Survey and Administrative Data

Dmitry Taubinsky, Luigi Butera, Matteo Saccarola and Chen Lian

32663: CEO Compensation and Adverse Shocks: Evidence from Changes in Environmental Regulations

Seungho Choi, Ross Levine, Raphael Park and Simon Xu

32662: The Effects of the 2021 Child Tax Credit on Parents’ Psychological Well-Being

Lisa A. Gennetian and Anna Gassman-Pines

32661: How Do Strategic Complementarity and Substitutability Shape Equilibrium Dynamics?

Paul Beaudry, Dana Galizia and Franck Portier

32660: Markups and Entry in a Circular Hotelling Model

Robert Barro

32659: Do Reforms Aimed at Reducing Time to Graduation Work? Evidence from the Italian Higher Education System

Davide Malacrino, Samuel Nocito and Raffaele Saggio

32658: Implementing a Ramsey Plan

Wei Jiang, Thomas Sargent and Neng Wang

32657: Race and Ethnicity (Mis)measurement in the U.S. Criminal Justice System

Keith Finlay, Elizabeth Luh and Michael G. Mueller-Smith

32656: How Do Physicians Respond to New Medical Research?

Philip DeCicca, Maripier Isabelle and Natalie Malak

32655: Automation, Career Values, and Political Preferences

Maria Petrova, Gregor Schubert, Bledi Taska and Pinar Yildirim

32654: Just What the Doctor Ordered? The Benefits and Costs of E-Cigarette Regulation in Australia

Donald Kenkel, Alan Mathios, Grace N. Phillips, Revathy Suryanarayana, Hua Wang and Sen Zeng

32653: Plan Design and Participant Behavior in Defined Contribution Retirement Plans: Past, Present, and Future

Jonathan Reuter

32652: Partisan Politics and Annual Shareholder Meeting Formats

Yuanzhi Li and David Yermack

32651: Industrial Policy in the Global Semiconductor Sector

Pinelopi Goldberg, Réka Juhász, Nathaniel Lane, Giulia Lo Forte and Jeff Thurk

32650: Partisan Expectations and COVID-Era Inflation

Carola Binder, Rupal Kamdar and Jane Ryngaert

32649: Unobserved Contributions and Political Influence: Evidence from the Death of Top Donors

Marco Battaglini, Valerio Leone Sciabolazza, Mengwei Lin and Eleonora Patacchini

32648: Superstars or Supervillains? Large Firms in the South Korean Growth Miracle

Jaedo Choi, Andrei Levchenko, Dimitrije Ruzic and Younghun Shim

32647: Banks and Tax-Exempt Debt Arbitrage

James Hines and Emily Horton

32646: Timing Sustainable Engagement in Real Asset Investments

Bram van der Kroft, Juan Palacios, Roberto Rigobon and Siqi Zheng

32645: Intra-Household Welfare Inequality and Household Public Goods

Pierre Chiappori, Costas Meghir and Yoko Okuyama

32644: Estimation of Nonlinear Exchange Rate Dynamics in Evolving Regimes

Jeffrey Frankel, Yao Hou and Danxia Xie

32643: Stock Market Wealth and Entrepreneurship

Gabriel Chodorow-Reich, Plamen T. Nenov, Vitor Santos and Alp Simsek

32642: The Lasting Impacts of Middle School Principals

Eric Hanushek, Andrew J. Morgan, Steven Rivkin, Jeffrey Schiman, Ayman Shakeel and Lauren Sartain

32641: College Students and Career Aspirations: Nudging Student Interest in Teaching

Alvin Christian, Matthew Ronfeldt and Basit Zafar

32640: The Economic Effects of American Slavery: Tests at the Border

Hoyt Bleakley and Paul Rhode

32639: Beyond the War: Public Service and the Transmission of Gender Norms

Abhay Aneja, Silvia Farina and Guo Xu

32638: Are We Fragmented Yet? Measuring Geopolitical Fragmentation and Its Causal Effect

Jesus Fernandez-Villaverde, Tomohide Mineyama and Dongho Song

32637: On the Ubiquity of Declining Business Dynamism

David Hummels and Kan Yue

32636: Monetary Policy without Moving Interest Rates: The Fed Non-Yield Shock

Christoph Boehm and T. Niklas Kroner

32635: The Intergenerational Effects of Permanent Legal Status

Elizabeth Cascio, Paul Cornell and Ethan Lewis

32634: Identifying Agglomeration Shadows: Long-run Evidence from Ancient Ports

Richard Hornbeck, Guy Michaels and Ferdinand Rauch

32633: How Inflation Expectations De-Anchor: The Role of Selective Memory Cues

Nicola Gennaioli, Marta Leva, Raphael Schoenle and Andrei Shleifer

32632: How Good are Proxies for Legal Status? Evidence from the Legalization of Two Million Mexicans

Elizabeth Cascio, Ethan Lewis and Chengguo Zhang

32631: Retirement Benefit Distributions for California Educators

Robert L. Clark, Denis Pelletier and Beth Ritter

32630: How Merger Synergies Can Harm Consumers: A Defense of the Efficiencies Offense

Paulo Ramos and Thomas G. Wollmann

32629: Social Comparisons and Adolescent Body Misperception: Evidence from School Entry Cutoffs

Christopher Carpenter and Brandyn Churchill

32628: Wealth at Birth and its Effect on Child Academic Achievement and Behavioral Problems

Luis F. Faundez and Robert Kaestner

32627: Industrial Organization and The Rise of Market Power

Nathan H. Miller

32626: Price Discounts and Cheapflation During the Post-Pandemic Inflation Surge

Alberto Cavallo and Oleksiy Kryvtsov

32625: How Are Insurance Markets Adapting to Climate Change? Risk Classification and Pricing in the Market for Homeowners Insurance

Judson Boomhower, Meredith Fowlie, Jacob Gellman and Andrew Plantinga

32624: Closing the Gates: Assessing Impacts of the Immigration Act of 1917

Ina Ganguli and Jennifer R. Withrow

32623: The Long and Variable Lags of Monetary Policy: Evidence from Disaggregated Price Indices

S. Boragan Aruoba and Thomas Drechsel

32622: Building a Wall Around Science: The Effect of U.S.-China Tensions on International Scientific Research

Robert Flynn, Britta Glennon, Raviv Murciano-Goroff and Jiusi Xiao

32621: Who Benefits from Trade Wars?

Ling Cen, Lauren Cohen, Jing Wu and Fan Zhang

32620: Bond Market Views of the Fed

Luigi Bocola, Alessandro Dovis, Kasper Jørgensen and Rishabh Kirpalani

32619: Leaders in Social Movements: Evidence From Unions in Myanmar

Laura E. Boudreau, Rocco Macchiavello, Virginia Minni and Mari Tanaka

32618: Breaking Boundaries: Lower Tail Dependence Can Triple the Economic Value of Index Insurance for Rural Households

Enrique Estefania-Salazar, Michael Carter, Eva Iglesias and Alvaro Escribano

32617: Intergenerational Human Capital Impacts and Complementarities in Kenya

Madeline Duhon, Lia Fernald, Joan Hamory, Edward Miguel, Eric Ochieng and Michael Walker

32616: Reliability Options in Renewables-Dominated Electricity Markets

Shaun McRae and Frank A. Wolak

32615: Household Climate Finance: Theory and Survey Data on Safe and Risky Green Assets

Shifrah Aron-Dine, Johannes Beutel, Monika Piazzesi and Martin Schneider

32614: Regime Changes and FDI: A Tale of Two Countries – Poland and Israel

Assaf Razin and Andrzej Cieślik

32613: Who Pays for Rising Health Care Prices? Evidence from Hospital Mergers

Zarek Brot-Goldberg, Zack Cooper, Stuart V. Craig, Lev R. Klarnet, Ithai Lurie and Corbin L. Miller

32612: One Cohort at a Time: A New Perspective on the Declining Gender Pay Gap

Jaime Arellano-Bover, Nicola Bianchi, Salvatore Lattanzio and Matteo Paradisi