NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Is the "Surge" Working? Some New Facts

Michael Greenstone

NBER Working Paper No. 13458
Issued in October 2007

---- Acknowledgements -----

I am grateful for valuable comments from David Autor, Dana Calvo, David Card, Eric Chaney, Janet Currie, Andrew Dailey, Mark Duggan, Hans Fless, Daniel Greenstone, Lawrence Katz, Jeffrey Kling, Enrico Moretti, James Poterba, Matthew Rudolph, Adam Sohn, Michael Spagat, Frank Vannerson, Vivek Varma, and Annette Vissing-Jorgensen. I especially thank Eric Chaney for alerting me to the existence of Iraqi government bonds. Abigail Friedman, Elizabeth Greenwood, and Henry Swift provided outstanding research assistance. Finally, I thank Katherine Ozment for her insights, support and encouragement at each stage of this project. I am responsible for any errors. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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