Working Papers

From The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State
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255: The Economics of Attribute-Based Regulation: Theory and Evidence from Fuel-Economy Standards

Koichiro Ito and James M. Sallee

254: Does Privatized Health Insurance Benefit Patients or Producers? Evidence from Medicare Advantage

Marika Cabral, Michael Geruso and Neale Mahoney

253: Human Capital Investment, Inequality and Growth

Kevin M. Murphy and Robert H. Topel

252: Some Basic Economics of National Security

Kevin M. Murphy and Robert H. Topel

251: International Health Economics

Mark L. Egan and Tomas Philipson

250: Competitive Discounts and Antitrust Policy

Kevin M. Murphy, Edward Snyder and Robert H. Topel

249: Economics of National Security: Some Basic Economies of National Security

Kevin M. Murphy and Robert H. Topel

248: The Prison Boom & The Lack of Black Progress After Smith & Welch

Derek A. Neal and Armin Rick

247: The Intergenerational Transmission of Automobile Brand Preferences: Empirical Evidence and Implications for Firm Strategy

Soren Anderson, Ryan Kellogg, Ashley Langer and James M. Sallee

246: Adjusting Measures of Economic Output for Health: Is the Business Cycle Countercyclical?

Mark L. Egan, Casey B. Mulligan and Tomas Philipson

245: Duration Dependence and Labor Market Conditions: Evidence from a Field Experiment

Kory Kroft, Fabian Lange and Matthew Notowidigdo

244: Do Newspapers Serve the State? Incumbent Party Influence on the US Press, 1869 - 1928

Matthew Aaron Gentzkow, Nathan Petek, Jesse Shapiro and Michael Sinkinson

243: Does Labor Supply Matter During a Recession? Evidence from the Seasonal Cycle

Casey B. Mulligan

242: Has Economic Policy Uncertainty Hampered the Recovery?

Scott Baker, Nicholas Bloom and Steven Davis

241: Capital-Market Effects of Securities Regulation: The Role of Implementation and Enforcement

Hans B. Christensen, Luzi Hail and Christian Leuz

240: Simple Analytics and Empirics of the Government Spending Multiplier and Other "Keynesian" Paradoxes

Casey B. Mulligan

239: Understanding Small Business Heterogeneity

Erik Hurst and Benjamin Pugsley

238: Are Household Surveys Like Tax Forms: Evidence from Income Underreporting of the Self-Employed

Erik Hurst, Geng Li and Benjamin Pugsley

237: Can Medical Progress be Sustained? Implications of the Link Between Development and Output Markets

Anup Malani and Tomas Philipson

236: Wage Determination and Employment in Sweden Since the Early 1990s – Wage Formation in a New Setting

Peter Fredriksson and Robert H. Topel

235: Reforming the Welfare State: Recovery and Beyond in Sweden

Richard Freeman, Brigitta Swedenborg and Robert H. Topel

234: On the Economics of Climate Policy

Gary Becker, Kevin M. Murphy and Robert H. Topel

233: Global Antitrust Enforcement: An Empirical Assessment of the Influence of Protectionism

Pierre-Yves Crémieux and Edward Snyder

232: Antitrust Treatment of Nonprofits: Should Hospitals Receive Special Care?

Cory S. Capps, Dennis Carlton and Guy David

231: Proof of Common Impact in Antitrust Litigation: The Value of Regression Analysis

Pierre-Yves Crémieux, Ian Simmons and Edward Snyder

230: Which CEO Characteristics and Abilities Matter?

Steven N. Kaplan, Mark M. Klebanov and Joshua Rauh

229: Wall Street and Main Street: What Contributes to the Rise in the Highest Incomes?

Steven N. Kaplan and Joshua Rauh

228: Leveraged Buyouts and Private Equity

Steven N. Kaplan and Per Strömberg

227: Why Do Firms Own Production Chains?

Ali Hortacsu and Chad Syverson

226: Land and Credit: A Study of the Political Economy of Banking in the United States in the Early 20th Century

Raghuram Rajan and Rodney Ramcharan

225: Mortality Inequality

Sam Peltzman

224: Media versus Special Interests

Alexander Dyck, David A. Moss and Luigi Zingales

223: Long Term Persistence

Luigi Guiso, Paola Sapienza and Luigi Zingales

222: Why are Jobs Designed the Way They Are?

Michael Gibbs, Alec Robert Levenson and Cindy Zoghi

221: Mergers of Equals & Unequals

Valerie Smeets, Kathryn Ierulli and Michael Gibbs

220: Electricity Pricing to U.S. Manufacturing Plants, 1963-2000

Steven Davis, Cheryl Grim, J. Haltiwanter and M. Streitwieser

219: TheRole of Private Schools in Education Markets

Derek A. Neal

218: Is the Food and Drug Administration Safe and Effective?

Tomas Philipson and Eric Sun

217: Cost-Benefit Analysis of the FDA: The Case of the Prescription Drug User Fee Acts

Tomas Philipson, Ernst R. Berndt, Adrian H. B. Gottschalk and Eric Sun

216: Intellectual Property and Marketing

Tomas Philipson and Darius Lakdawalla

215: How has CEO Turnover Changed? Increasingly Performance Sensitive Boards and Increasingly Uneasy CEOs

Steven N. Kaplan and Bernadette A. Minton

214: Who Blows The Whistle on Corporate Fraud

Alexander Dyck, Adair Morse and Luigi Zingales

213: Thick-Market Effects and Churning in the Labor Market: Evidence from U.S. Cities

Hoyt Bleakley and Jeffrey Lin

212: What Has Mattered to Economics Since 1970

E. Han Kim, Adair Morse and Luigi Zingales

211: Malaria in the Americas: A Retrospective Analysis of Childhood Exposure

Hoyt Bleakley

210: Are Elite Universities Losing Their Competitive Edge?

E. Han Kim, Adair Morse and Luigi Zingales

209: The Persistence of Underdevelopment: Institutions, Human Capital, or Constituencies?

Luigi Zingales and Raghuram Rajan

208: Does Culture Affect Economic Outcomes?

Luigi Zingales, Luigi Guiso and Paola Sapienza

207: Theft and Taxes

Mihir A. Desai, Alexander Dyck and Luigi Gonzales

206: Zombie Lending and Depressed Restructuring in Japan

Ricardo Caballero, Takeo Hoshi and Anil K. Kashyap