NBER Working Papers

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24611: Trust in State and Non-State Actors: Evidence from Dispute Resolution in Pakistan

Daron Acemoglu, Ali Cheema, Asim Khwaja and James Robinson

24610: Parents' Beliefs About Their Children's Academic Ability: Implications for Educational Investments

Rebecca Dizon-Ross

24609: Early Social Security Claiming and Old-Age Poverty: Evidence from the Introduction of the Social Security Early Eligibility Age

Gary V. Engelhardt, Jonathan Gruber and Anil Kumar

24608: Hysteresis and the Welfare Effect of Corrective Policies: Theory and Evidence from an Energy-Saving Program

Francisco Costa and Francois Gerard

24607: Toxic Truth: Lead and Fertility

Karen Clay, Margarita Portnykh and Edson Severnini

24606: Long-run Trends in the Economic Activity of Older People in the UK

James Banks, Carl Emmerson and Gemma Tetlow

24605: Whom Do Employers Want? The Role of Recent Employment and Unemployment Status and Age

Henry S. Farber, Chris M. Herbst, Dan Silverman and Till von Wachter

24604: The Carbon Abatement Game

Christoph Hambel, Holger Kraft and Eduardo S. Schwartz

24603: Come Together: Firm Boundaries and Delegation

Laura Alfaro, Nicholas Bloom, Paola Conconi, Harald Fadinger, Patrick Legros, Andrew Newman, Raffaella Sadun and John van Reenen

24602: Non-linear Real Arithmetic Benchmarks derived from Automated Reasoning in Economics

Casey Mulligan, Russell Bradford, James H. Davenport, Matthew England and Zak Tonks

24601: Quantifier Elimination for Deduction in Econometrics

Casey Mulligan

24600: The Heterogeneous Impact of Market Size on Innovation: Evidence from French Firm-Level Exports

Philippe Aghion, Antonin Bergeaud, Matthieu Lequien and Marc Melitz

24599: The Lifetime Medical Spending of Retirees

John Jones, Mariacristina De Nardi, Eric French, Rory McGee and Justin Kirschner

24598: Do Corporate Tax Cuts Increase Income Inequality?

Suresh Nallareddy, Ethan Rouen and Juan Carlos Suárez Serrato

24597: Inference in Structural Vector Autoregressions When the Identifying Assumptions are Not Fully Believed: Re-evaluating the Role of Monetary Policy in Economic Fluctuations

Christiane Baumeister and James D. Hamilton

24596: Does Investment in National Highways Help or Hurt Hinterland City Growth?

Nathaniel Baum-Snow, J. Vernon Henderson, Matthew Turner, Qinghua Zhang and Loren Brandt

24595: Missing Novelty in Drug Development

Joshua L. Krieger, Danielle Li and Dimitris Papanikolaou

24594: Safety Net Investments in Children

Hilary W. Hoynes and Diane Schanzenbach

24593: The Recent Rise of Labor Force Participation of Older Workers in Sweden

Lisa Laun and Mårten Palme

24592: How Happy are Your Neighbours? Variation in Life Satisfaction among 1200 Canadian Neighbourhoods and Communities

John F. Helliwell, Hugh Shiplett and Christopher Barrington-Leigh

24591: Death of the Salesman, But Not the Sales Force: How Interested Promotion Skews Scientific Valuation

Pierre Azoulay, J. Michael Wahlen and Ezra W. Zuckerman Sivan

24590: Spinning the Web: The Impact of ICT on Trade in Intermediates and Technology Diffusion

Réka Juhász and Claudia Steinwender

24589: Deposit Inflows and Outflows in Failing Banks: The Role of Deposit Insurance

Christopher Martin, Manju Puri and Alexander Ufier

24588: Structural Estimation of a Model of School Choices: the Boston Mechanism vs. Its Alternatives

Caterina Calsamglia, Chao Fu and Maia Güell

24587: Unions and Inequality Over the Twentieth Century: New Evidence from Survey Data

Henry S. Farber, Daniel Herbst, Ilyana Kuziemko and Suresh Naidu

24586: Effects of Credit Expansions on Stock Market Booms and Busts

Christopher Hansman, Harrison Hong, Wenxi Jiang, Yu-Jane Liu and Juanjuan Meng

24585: Douglass C. North: Transaction Costs, Property Rights, and Economic Outcomes

Gary Libecap

24584: Social Security Programs and Retirement Around the World: Working Longer – Introduction and Summary

Courtney Coile, Kevin Milligan and David Wise

24583: Cognition and SES Relationships Among the Mid-Aged and Elderly: A Comparison of China and Indonesia

John Strauss, Firman Witoelar, Qinqin Meng, Xinxin Chen, Yaohui Zhao, Bondan Sikoki and Yafeng Wang

24582: Banking on Deposits: Maturity Transformation without Interest Rate Risk

Itamar Drechsler, Alexi Savov and Philipp Schnabl

24581: How Effective is Energy-Efficient Housing? Evidence from a Field Experiment in Mexico

Lucas Davis, Sebastian Martinez and Bibiana Taboada

24580: Job Vacancies, the Beveridge Curve, and Supply Shocks: The Frequency and Content of Help-Wanted Ads in Pre- and Post-Mariel Miami

Jason Anastasopoulos, George Borjas, Gavin G. Cook and Michael Lachanski

24579: Is Your Lawyer a Lemon? Incentives and Selection in the Public Provision of Criminal Defense

Amanda Agan, Matthew Freedman and Emily Owens

24578: An Aggregative Games Approach to Merger Analysis in Multiproduct-Firm Oligopoly

Volker Nocke and Nicolas Schutz

24577: Innovation and Diffusion of Medical Treatment

Barton H. Hamilton, Andrés Hincapié, Robert A. Miller and Nicholas Papageorge

24576: Working Longer in the U.S.: Trends and Explanations

Courtney Coile

24575: Do Properly Anticipated Prices Fluctuate Randomly? Evidence from VIX Futures Markets

George O. Aragon, Rajnish Mehra and Sunil Wahal

24574: New Evidence on the Markup of Prices over Marginal Costs and the Role of Mega-Firms in the US Economy

Robert E. Hall

24573: The Impact of High School Curriculum on Confidence, Academic Success, and Mental and Physical Well-Being of University Students

Han Yu and Naci Mocan

24572: Moral NIMBY-ism? Understanding Societal Support for Monetary Compensation to Plasma Donors in Canada

Nicola Lacetera and Mario Macis

24571: The Finance Uncertainty Multiplier

Iván Alfaro, Nicholas Bloom and Xiaoji Lin

24570: Technology and Skill: Twin Engines of Growth

Nancy L. Stokey

24569: Asymmetric Business-Cycle Risk and Social Insurance

Christopher Busch, David Domeij, Fatih Guvenen and Rocio Madera

24568: Structural Change in Investment and Consumption: A Unified Approach

Berthold Herrendorf, Richard Rogerson and Akos Valentinyi

24567: The Poverty Reduction of Social Security and Means-Tested Transfers

Bruce Meyer and Derek Wu

24566: The Effects of Home Health Visit Length on Hospital Readmission

Elena Andreyeva, Guy David and Hummy Song

24565: Pre-event Trends in the Panel Event-study Design

Simon Freyaldenhoven, Christian Hansen and Jesse M. Shapiro

24564: Seasonal Liquidity, Rural Labor Markets and Agricultural Production

Günther Fink, B. Kelsey Jack and Felix Masiye

24563: Multihorizon Currency Returns and Purchasing Power Parity

Mikhail Chernov and Drew Creal

24562: Place-Based Policies for Development

Gilles Duranton and Anthony Venables

24561: A Practical Guide to Parallelization in Economics

Jesus Fernandez-Villaverde and David Zarruk Valencia

24560: The Transmission of Commodity Price Super-Cycles

Felipe Benguria, Felipe Saffie and Sergio Urzua

24559: Tail and Center Rounding of Probabilistic Expectations in the Health and Retirement Study

Pamela Giustinelli, Charles Manski and Francesca Molinari

24558: Shock Value: Bill Smoothing and Energy Price Pass-Through

Catherine Hausman

24557: Firm-to-firm Connections in Colombian Imports

Andrew Bernard, Esther A. Bøler and Swati Dhingra

24556: Networks and Trade

Andrew Bernard and Andreas Moxnes

24555: Debt Overhang, Rollover Risk, and Corporate Investment: Evidence from the European Crisis

Sebnem Kalemli-Ozcan, Luc Laeven and David Moreno

24554: Why Has Economic Growth Slowed When Innovation Appears to be Accelerating?

Robert Gordon

24553: Measuring Moore’s Law: Evidence from Price, Cost, and Quality Indexes

Kenneth Flamm

24552: Sophisticated Investors and Market Efficiency: Evidence from a Natural Experiment

Yong Chen, Bryan Kelly and Wei Wu

24551: On the Rise of FinTechs – Credit Scoring using Digital Footprints

Tobias Berg, Valentin Burg, Ana Gombović and Manju Puri

24550: Big Data in Finance and the Growth of Large Firms

Juliane Begenau, Maryam Farboodi and Laura Veldkamp

24549: Going With the Flows: New Borrowing, Debt Service and the Transmission of Credit Booms

Mathias Drehmann, John Juselius and Anton Korinek

24548: Jobs for the Heartland: Place-Based Policies in 21st Century America

Benjamin A. Austin, Edward Glaeser and Lawrence H. Summers

24547: An Economic Perspective on Mexico's Nascent Deregulation of Retail Petroleum Markets

Lucas Davis, Shaun McRae and Enrique Seira Bejarano

24546: Financial Frictions and the Rule of Law

Ashantha Ranasinghe and Diego Restuccia

24545: Myopia and Anchoring

George-Marios Angeletos and Zhen Huo

24544: Property Rights to Frontier Land and Minerals: US Exceptionalism

Gary Libecap

24543: Innovation and Trade Policy in a Globalized World

Ufuk Akcigit, Sina T. Ates and Giammario Impullitti

24542: Buying the Verdict

Lauren H. Cohen and Umit Gurun

24541: Finding Needles in Haystacks: Artificial Intelligence and Recombinant Growth

Ajay Agrawal, John McHale and Alexander Oettl

24540: Characteristics Are Covariances: A Unified Model of Risk and Return

Bryan Kelly, Seth Pruitt and Yinan Su

24539: The Role of Transportation Speed in Facilitating High Skilled Teamwork

Xiaofang Dong, Siqi Zheng and Matthew Kahn

24538: Are Recessions Good for Government Hires? The Effect of Unemployment on Public Sector Human Capital

Congshan Zhang and John M. de Figueiredo

24537: Inequality of Educational Opportunity? Schools as Mediators of the Intergenerational Transmission of Income

Jesse Rothstein

24536: The Impact of New Drug Launches on Life-Years Lost in 2015 from 19 Types of Cancer in 36 Countries

Frank Lichtenberg

24535: Evidence-Based Policymaking: Promise, Challenges and Opportunities for Accounting and Financial Markets Research

Christian Leuz

24534: The Optimal Public and Private Provision of Safe Assets

Marina Azzimonti and Pierre Yared

24533: Social Capital, Government Expenditures and Growth

Giacomo Ponzetto and Ugo antonio Troiano

24532: Geography and Agricultural Productivity: Cross-Country Evidence from Micro Plot-Level Data

Tasso Adamopoulos and Diego Restuccia

24531: The Elasticity of Taxable Income in the Presence of Intertemporal Income Shifting

Aspen Gorry, R. Glenn Hubbard and Aparna Mathur

24530: The Production of Inequalities within Families and Across Generations: The Intergenerational Effects of Birth Order and Family Size on Educational Attainment

Kieron Barclay, Torkild Lyngstad and Dalton Conley

24529: A Measure of Risk Appetite for the Macroeconomy

Carolin Pflueger, Emil Siriwardane and Adi Sunderam

24528: Do Opioids Help Injured Workers Recover and Get Back to Work? The Impact of Opioid Prescriptions on Duration of Temporary Disability

Bogdan Savych, David Neumark and Randall Lea

24527: Escaping Import Competition in China

Ana Cecília Fieler and Ann Harrison

24526: How Redeployable are Patent Assets? Evidence from Failed Startups

Carlos J. Serrano and Rosemarie Ziedonis

24525: Indivisibilities in Distribution

Thomas J. Holmes and Ethan Singer

24524: The Production of Cognitive and Non-cognitive Human Capital in the Global Economy

Chong Xiang and Stephen Yeaple

24523: Cost of Experimentation and the Evolution of Venture Capital

Michael Ewens, Ramana Nanda and Matthew Rhodes-Kropf

24522: Optimal Fiscal Policy without Commitment: Beyond Lucas-Stokey

Davide Debortoli, Ricardo Nunes and Pierre Yared

24521: Forward Guidance

Marcus Hagedorn, Jinfeng Luo, Iourii Manovskii and Kurt Mitman

24520: Sweat Equity in U.S. Private Business

Anmol Bhandari and Ellen McGrattan

24519: Does Scientist Immigration Harm US Science? An Examination of Spillovers

Ajay Agrawal, John McHale and Alexander Oettl

24518: Declining Search Frictions, Unemployment and Growth

Paolo Martellini and Guido Menzio

24517: Coordination Frictions in Venture Capital Syndicates

Ramana Nanda and Matthew Rhodes-Kropf

24516: Firm-Level Financial Resources and Environmental Spills

Jonathan Cohn and Tatyana Deryugina

24515: The Long-Term Spillover Effects of Changes in the Return to Schooling

Ran Abramitzky, Victor Lavy and Santiago Perez

24514: Using Massive Online Choice Experiments to Measure Changes in Well-being

Erik Brynjolfsson, Felix Eggers and Avinash Gannamaneni

24513: Corporate Foreign Bond Issuance and Interfirm Loans in China

Yi Huang, Ugo Panizza and Richard Portes

24512: Amateurs Crowds & Professional Entrepreneurs as Platform Complementors

Kevin Boudreau