New This Week

Papers are available on-line in PDF format when listed on this page. We recommend using the latest version of Adobe Reader, which can be downloaded free of charge from Adobe's Web site. Hard copy Working Papers are available by mail within a few weeks of their electronic release.

Beyond the Classroom: Using Title IX to Measure the Return to High School Sports
Betsey Stevenson #15728 (CH, ED, LE, LS)

Liquidity, Institutional Quality and the Composition of International Equity Flows
Itay Goldstein, Assaf Razin, and Hui Tong #15727 (IFM)

Women's Education and Family Behavior: Trends in Marriage, Divorce and Fertility
Adam Isen and Betsey Stevenson #15725 (CH, ED, LS)

A Theory-Based Approach to Hedonic Price Regressions with Time-Varying Unobserved Product Attributes: The Price of Pollution
Patrick Bajari, Jane Cooley, Kyoo il Kim, and Christopher Timmins #15724 (EEE, IO, PE)

Generic Utilization Rates, Real Pharmaceutical Prices, and Research and Development Expenditures
Joseph P. Cook, Graeme Hunter, and John A. Vernon #15723 (HE)

A Stitch in Time: The Effects of a Novel Incentive-Based High-School Intervention on College Outcomes
C. Kirabo Jackson #15722 (CH, ED, LS)

Further Comments on The Impact of the Asian Miracle on the Theory of Economic Growth
Robert W. Fogel #15721 (EFG, IFM)

The Effects of Relative Food Prices on Obesity — Evidence from China: 1991-2006
Yang Lu and Dana Goldman #15720 (HE)

Consumption Risk-sharing in Social Networks
Attila Ambrus, Markus Mobius, and Adam Szeidl #15719 (LS)

Risk and Global Economic Architecture: Why Full Financial Integration May Be Undesirable
Joseph E. Stiglitz #15718 (IFM)

Temperature and the Allocation of Time: Implications for Climate Change
Joshua Graff Zivin and Matthew J. Neidell #15717 (EEE, HE, LS)

Interval Estimation of Potentially Misspecified Quantile Models in the Presence of Missing Data
Patrick Kline and Andres Santos #15716 (LS, TWP)

Do Principals Fire the Worst Teachers?
Brian A. Jacob #15715 (CH, ED, LS, PE)

Simple Analytics of the Government Expenditure Multiplier
Michael Woodford #15714 (EFG, ME)

Spatial Competition and Cross-border Shopping: Evidence from State Lotteries
Brian G. Knight and Nathan Schiff #15713 (PE, POL)

What Determines Productivity?
Chad Syverson #15712 (EFG, IO, PR)

Climate Shocks and Exports
Benjamin F. Jones and Benjamin A. Olken #15711 (EEE, EFG, ITI)

Does the Structure of Banking Markets Affect Economic Growth? Evidence from U.S. State Banking Markets
Kris James Mitchener and David C. Wheelock #15710 (DAE)

Limited Capital Market Participation and Human Capital Risk
Jonathan Berk and Johan Walden #15709 (AP)

Bankruptcy and the Collateral Channel
Efraim Benmelech and Nittai K. Bergman #15708 (AP, CF, IO, ME)

Can Mentoring Help Female Assistant Professors? Interim Results from a Randomized Trial
Francine D. Blau, Janet M. Currie, Rachel T.A. Croson, and Donna K. Ginther #15707 (ED, LS)

The Role of Intermediaries in Facilitating Trade
JaeBin Ahn, Amit K. Khandelwal, and Shang-Jin Wei #15706 (ITI)

The Political Resource Curse
Fernanda Brollo, Tommaso Nannicini, Roberto Perotti, and Guido Tabellini #15705 (EFG, POL)

Manumission in Nineteenth Century Virginia
Howard Bodenhorn #15704 (DAE)

Inaccurate age and sex data in the Census PUMS files: Evidence and Implications
J. Trent Alexander, Michael Davern, and Betsey Stevenson #15703 (AG, LS, TWP)

Interest Rate Risk and Other Determinants of Post-WWII U.S. Government Debt/GDP Dynamics
George J. Hall and Thomas J. Sargent #15702 (EFG, ME)

So you want to run an experiment, now what? Some Simple Rules of Thumb for Optimal Experimental Design
John A. List, Sally Sadoff, and Mathis Wagner #15701 (EEE, LS, PE)

Envy, Altruism, and the International Distribution of Trade Protection
Xiaobo Lü, Kenneth F. Scheve, and Matthew J. Slaughter #15700 (ITI, POL)

The Elasticity of Demand With Respect to Product Failures; or Why the Market for Quack Medicines Flourished for More Than 150 Years
Werner Troesken #15699 (DAE)

Detecting Crowded Trades in Currency Funds
Momtchil Pojarliev and Richard M. Levich #15698 (IFM)

Property Rights and Parliament in Industrializing Britain
Daniel Bogart and Gary Richardson #15697 (DAE, LE, POL)

A Patchwork Safety Net: A Survey of Cliometric Studies of Income Maintenance Programs in the United States in the First Half of the Twentieth Century
Price V. Fishback, Samuel Allen, Jonathan Fox, and Brendan Livingston #15696 (DAE)

Pay-to-Bid Auctions
Brennan C. Platt, Joseph Price, and Henry Tappen #15695 (TWP)

Political Limits to Globalization
Daron Acemoglu and Pierre Yared #15694 (IFM, ME, POL)

Institutions, Factor Prices and Taxation: Virtues of Strong States?
Daron Acemoglu #15693 (IFM, IO, ME, PE, POL)

Modeling the Impact of Warming in Climate Change Economics
Robert S. Pindyck #15692 (EEE)

Does Prescription Drug Adherence Reduce Hospitalizations and Costs?
William Encinosa, Didem Bernard, and Avi Dor #15691 (HC, HE)

Is the Spurious Regression Problem Spurious?
Bennett T. McCallum #15690 (EFG, ME, TWP)

Asymmetric Information and the Demand for Voluntary Health Insurance in Europe
Kristian Bolin, Daniel Hedblom, Anna Lindgren, and Bjorn Lindgren #15689 (HE)

The Cross-Section and Time-Series of Stock and Bond Returns
Ralph S.J. Koijen, Hanno Lustig, and Stijn Van Nieuwerburgh #15688 (AP, EFG, ME)

Let them Have Choice: Gains from Shifting Away from Employer-Sponsored Health Insurance and Toward an Individual Exchange
Leemore Dafny, Katherine Ho, and Mauricio Varela #15687 (HC, HE, IO)

Insider Econometrics: Empirical Studies of How Management Matters
Casey Ichniowski and Kathryn L. Shaw #15618 (IO, LS, PR, HE)

How general are risk preferences? Choices under uncertainty in different domains.
Liran Einav, Amy Finkelstein, Iuliana Pascu, and Mark R. Cullen #15686 (AG, HC, IO, PE)

U.S. Growth in the Decade Ahead
Martin S. Feldstein #15685 (EFG)

Europe's tired, poor, huddled masses: Self-selection and economic outcomes in the age of mass migration
Ran Abramitzky, Leah Platt Boustan, and Katherine Eriksson #15684 (DAE, LS)

Educational Expectations and Attainment
Brian A. Jacob and Tamara Wilder #15683 (CH, ED, LS, PE)

The Effect of Uncertain Labor Income and Social Security on Life-cycle Portfolios
Raimond Maurer, Olivia S. Mitchell, and Ralph Rogalla #15682 (AG, LS, PE)

Aggregate Implications of Labor Market Distortions: The Recession of 2008-9 and Beyond
Casey B. Mulligan #15681 (EFG, PE)

Latin American Growth-Inequality Trade-Offs: The Impact of Insurgence and Independence
Jeffrey G. Williamson #15680 (DAE)

Globalization, Trade & Wages: What Does History tell us about China?
Kris James Mitchener and Se Yan #15679 (DAE, ITI)

Explaining the Rise in Educational Gradients in Mortality
David M. Cutler, Fabian Lange, Ellen Meara, Seth Richards, and Christopher J. Ruhm #15678 (HC, HE)

From Shame to Game in One Hundred Years: An Economic Model of the Rise in Premarital Sex and its De-Stigmatization
Jesús Fernández-Villaverde, Jeremy Greenwood, and Nezih Guner #15677 (EFG)

Implications for Energy Innovation from the chemical industry
Ashish Arora and Alfonso Gambardella #15676 (PR)

Euler-Equation Estimation for Discrete Choice Models: A Capital Accumulation Application
Russell Cooper, John C. Haltiwanger, and Jonathan L. Willis #15675 (EFG)

Rollover Risk and Market Freezes
Viral V. Acharya, Douglas Gale, and Tanju Yorulmazer #15674 (AP, CF)

Innovation and Climate Policy
David Popp #15673 (EEE, PR)

Rational Ignorance in Education: A Field Experiment in Student Plagiarism
Thomas S Dee and Brian A. Jacob #15672 (ED)

Peer Migration in China
Yuyu Chen, Ginger Zhe Jin, and Yang Yue #15671 (IO)

Searching for Irving Fisher
Kris James Mitchener and Marc D. Weidenmier #15670 (DAE, ME)

Did Frederick Brodie Discover the World's First Environmental Kuznets Curve? Coal Smoke and the Rise and Fall of the London Fog
Karen Clay and Werner Troesken #15669 (DAE, EEE, HE)

Human Capital, Endogenous Information Acquisition, and Home Bias in Financial Markets
Isaac Ehrlich, Jong Kook Shin, and Yong Yin #15668 (AP)

Oil and Democracy in Russia
Daniel Treisman #15667 (POL)

Heterogeneous Harm vs. Spatial Spillovers: Environmental Federalism and US Air Pollution
H. Spencer Banzhaf and B. Andrew Chupp #15666 (EEE, PE)

Research in Accounting for Income Taxes
John Graham, Jana Raedy, and Douglas Shackelford #15665 (PE)

Who Owns Children and Does it Matter?
Alice Schoonbroodt and Michčle Tertilt #15663 (EFG)

Interpreting the Unconventional U.S. Monetary Policy of 2007-09
Ricardo Reis #15662 (AP, CF, EFG, ME)

The Effect of Employment Protection on Worker Effort: Evidence from Public Schooling
Brian A. Jacob #15655 (CH, ED, LS, PE)

Innovators: Architects
David W. Galenson #15661 (PR)

Wholesalers and Retailers in U.S. Trade (Long Version)
Andrew B. Bernard, J. Bradford Jensen, Stephen J. Redding, and Peter K. Schott #15660 (ITI)

Managerial Beliefs and Corporate Financial Policies
Ulrike Malmendier, Geoffrey Tate, and Jonathan Yan #15659 (CF, LE, LS, PE)

Intended and Unintended Effects of Youth Bicycle Helmet Laws
Christopher S. Carpenter and Mark F. Stehr #15658 (CH, HE, LE)

Real-Time Macroeconomic Monitoring: Real Activity, Inflation, and Interactions
S. Boragan Aruoba and Francis X. Diebold #15657 (AP, EFG, IFM)

Targeted Savings and Labor Supply
Louis Kaplow #15656 (LS, PE)

Can we infer social preferences from the lab? Evidence from the trust game
Nicole M. Baran, Paola Sapienza, and Luigi Zingales #15654 (EEE, IO, PE)

Rollover Risk and Credit Risk
Zhiguo He and Wei Xiong #15653 (AP, CF, ME)

Efficient Regulation
Andrei Shleifer #15651 (LE, POL)

Securitization in the 1920's
William N. Goetzmann and Frank Newman #15650 (IO)

Terminal Care and The Value of Life Near Its End
Tomas J. Philipson, Gary Becker, Dana Goldman, and Kevin M. Murphy #15649 (HC, HE, PE)

Calorie Posting in Chain Restaurants
Bryan Bollinger, Phillip Leslie, and Alan Sorensen #15648 (HC, HE, IO)

Finance and Misallocation: Evidence from Plant-level Data
Virgiliu Midrigan and Daniel Yi Xu #15647 (EFG, PR)

On the Size of the Active Management Industry
Lubos Pastor and Robert F. Stambaugh #15646 (AP)

The Great Recession and the Great Depression
Peter Temin #15645 (DAE, EFG, ME)

Quality Disclosure and Certification: Theory and Practice
David Dranove and Ginger Zhe Jin #15644 (IO)

Growth in a Time of Debt
Carmen M. Reinhart and Kenneth S. Rogoff #15639 (IFM, ME)

New Trade Models, Same Old Gains?
Costas Arkolakis, Arnaud Costinot, and Andrés Rodríguez-Clare #15628 (EFG, IFM, ITI)

Adjustment Costs, Firm Responses, and Labor Supply Elasticities: Evidence from Danish Tax Records
Raj Chetty, John N. Friedman, Tore Olsen, and Luigi Pistaferri #15617 (AG, EFG, LS, PE)

Bounds on Elasticities with Optimization Frictions: A Synthesis of Micro and Macro Evidence on Labor Supply
Raj Chetty #15616 (EFG, LS, PE)

Elected Versus Appointed Policymakers: Evidence from City Treasurers
Alexander Whalley #15643 (PE, POL)

Virtual Borders: Online Nominal Rigidities and International Market Segmentation
Jean Boivin, Robert Clark, and Nicolas Vincent #15642 (EFG, IFM, ME)

Identification in Differentiated Products Markets Using Market Level Data
Steven T. Berry and Philip A. Haile #15641 (IO)

The Long Reach of Childhood Health and Circumstance: Evidence from the Whitehall II Study
Anne Case and Christina Paxson #15640 (AG, CH, HC, POL)

Employee Spinoffs and Other Entrants: Stylized Facts from Brazil
Oana Hirakawa, Marc-Andreas Muendler, and James E. Rauch #15638 (PR)

Causes and Consequences of Early Life Health
Anne Case and Christina Paxson #15637 (AG, CH, PE)

The "Other" Imbalance and the Financial Crisis
Ricardo J. Caballero #15636 (EFG, IFM, ME)

Quality Provision, Expected Firm Altruism and Brand Extensions
Julio J. Rotemberg #15635 (IO)

Danger on the Exchange: How Counterparty Risk Was Managed on the Paris Bourse in the Nineteenth Century
Angelo Riva and Eugene N. White #15634 (DAE)

The Impact of Comparative Effectiveness Research on Health and Health Care Spending
Anirban Basu and Tomas J. Philipson #15633 (HC, HE)

Private Equity and Industry Performance
Shai Bernstein, Josh Lerner, Morten Sřrensen, and Per Strömberg #15632 (CF, PR)

The Degree of Judicial Enforcement and Credit Markets: Evidence from Japanese Household Panel Data
Charles Yuji Horioka and Shizuka Sekita #15631 (ME)
Falling Behind the Curve: A Positive Analysis of Stop-Start Monetary Policies and the Great Inflation
Andrew Levin and John B. Taylor #15630 (EFG, ME)

Liaisons Dangereuses: Increasing Connectivity, Risk Sharing, and Systemic Risk
Stefano Battiston, Domenico Delli Gatti, Mauro Gallegati, Bruce C. Greenwald, and Joseph E. Stiglitz #15611 (EFG)

Testing for Altruism and Social Pressure in Charitable Giving
Stefano DellaVigna, John A. List, and Ulrike Malmendier #15629 (HC, HE, IO, LS, PE)

Labor Regulations and European Private Equity
Ant Bozkaya and William R. Kerr #15627 (PR)

Estimated Impact of the Fed's Mortgage-Backed Securities Purchase Program
Johannes C. Stroebel and John B. Taylor #15626 (EFG, ME)

The Trade Creation Effect of Immigrants: Evidence from the Remarkable Case of Spain
Giovanni Peri and Francisco Requena #15625 (ITI, LS)

The Micro-Macro Disconnect of Purchasing Power Parity
Paul R. Bergin, Reuven Glick, and Jyh-Lin Wu #15624 (IFM)

The Behavioralist Visits the Factory: Increasing Productivity Using Simple Framing Manipulations
Tanjim Hossain and John A. List #15623 (LS, PR)

Measuring the Returns to R&D
Bronwyn H. Hall, Jacques Mairesse, and Pierre Mohnen #15622 (PR)

The Greenness of China: Household Carbon Dioxide Emissions and Urban Development
Siqi Zheng, Rui Wang, Edward L. Glaeser, and Matthew E. Kahn #15621 (EEE)

Estimation of De Facto Flexibility Parameter and Basket Weights in Evolving Exchange Rate Regimes
Jeffrey A. Frankel and Daniel Xie #15620 (IFM)

Recent Russian Debate on Moving from VAT to Sales Taxes and Its Global Implications
Vera Kononova and John Whalley #15615 (PE)

Reputation, Altruism, and the Benefits of Seller Charity in an Online Marketplace
Daniel Elfenbein, Raymond Fisman, and Brian McManus #15614 (CF, IO, PE)

How Large are the Impacts of Carbon Motivated Border Tax Adjustments
Yan Dong and John Whalley #15613 (EEE, ITI)

Playing With Fire: Cigarettes, Taxes and Competition From the Internet
Austan Goolsbee, Michael Lovenheim, and Joel B. Slemrod #15612 (PE)

Checkmate: Exploring Backward Induction Among Chess Players
Steven D. Levitt, John A. List, and Sally E. Sadoff #15610 (IO, LS)

What Happens in the Field Stays in the Field: Exploring Whether Professionals Play Minimax in Laboratory Experiments
Steven D. Levitt, John A. List, and David H. Reiley, Jr. #15609 (IO, LS)

How Do Retirees Value Life Annuities? Evidence from Public Employees
John Chalmers and Jonathan Reuter #15608 (AG)

Integrating Retirement Models
Alan L. Gustman and Thomas Steinmeier #15607 (AG, LS, PE)

Do Trustees and Administrators Matter? Diversifying the Faculty Across Gender Lines
Ronald G. Ehrenberg, George H. Jakubson, Mirinda L. Martin, Joyce B. Main, and Thomas Eisenberg #15606 (ED, LS)

The Enduring Impact of the American Dust Bowl: Short and Long-run Adjustments to Environmental Catastrophe
Richard Hornbeck #15605 (DAE)

Trade, Multinational Production, and the Gains from Trade
Natalia Ramondo and Andrés Rodríguez-Clare #15604 (EFG, IFM, ITI)

The Effects of Product Liability Exemption in the Presence of the FDA
Tomas J. Philipson, Eric C. Sun, and Dana Goldman #15603 (HC, HE, LE)

Criminal Recidivism after Prison and Electronic Monitoring
Rafael Di Tella and Ernesto Schargrodsky #15602 (POL)

The (Dis)saving Behavior of the Aged in Japan
Charles Y. Horioka #15601 (AG)

The Good, the Bad and the Average: Evidence on the Scale and Nature of Ability Peer Effects in Schools
Victor Lavy, Olmo Silva, and Felix Weinhardt #15600 (CH, ED, LS)

Composition of International Capital Flows: A Survey
Koralai Kirabaeva and Assaf Razin #15599 (IFM)

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