NBER Working Papers

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23762: Federalism, Partial Prohibition, and Cross-Border Sales: Evidence from Recreational Marijuana

Benjamin Hansen, Keaton Miller and Caroline Weber

23761: Social Capital and Prosocial Behaviour as Sources of Well-Being

John Helliwell, Lara B. Aknin, Hugh Shiplett, Haifang Huang and Shun Wang

23760: Public Insurance and Psychotropic Prescription Medications for Mental Illness

Johanna Maclean, Benjamin L. Cook, Nicholas Carson and Michael Pesko

23759: The U.S. Treasury Premium

Wenxin Du, Joanne Im and Jesse Schreger

23758: Uncompensated Care and the Collapse of Hospital Payment Regulation: An Illustration of the Tinbergen Rule

Jeffrey Clemens and Benedic Ippolito

23757: Trade and Investment in the Global Economy

James Anderson, Mario Larch and Yoto Yotov

23756: Taken by Storm: Hurricanes, Migrant Networks, and U.S. Immigration

Parag Mahajan and Dean Yang

23755: The Complexity of Bank Holding Companies: A Topological Approach

Mark Flood, Dror Y. Kenett, Robin L. Lumsdaine and Jonathan K. Simon

23754: Does It Matter If Statistical Agencies Frame the Month’s CPI Reporton a 1-Month or 12-month Basis?

Jeffrey Frankel and Ayako Saiki

23753: The Rise and Fall of U.S. Low-Skilled Immigration

Gordon Hanson, Chen Liu and Craig McIntosh

23752: Did the Renewable Fuel Standard Shift Market Expectations of the Price of Ethanol?

Christiane Baumeister, Reinhard Ellwanger and Lutz Kilian

23751: Supply and Shorting in Speculative Markets

Marcel Nutz and Jose Scheinkman

23750: Price Rigidity and the Origins of Aggregate Fluctuations

Ernesto Pasten, Raphael Schoenle and Michael Weber

23749: Management, Supervision, and Health Care: A Field Experiment

Felipe Dunsch, David Evans, Ezinne Eze-Ajoku and Mario Macis

23748: Politics and Health Care Spending in the United States

Zack Cooper, Amanda Kowalski, Eleanor N Powell and Jennifer Wu

23747: Bail-ins and Bail-outs: Incentives, Connectivity, and Systemic Stability

Benjamin Bernard, Agostino Capponi and Joseph Stiglitz

23746: Monetary-Fiscal Interactions and the Euro Area's Malaise

Marek Jarociński and Bartosz Maćkowiak

23745: Leaning Against the Wind: The Role of Different Assumptions About the Costs

Lars Svensson

23744: Education Technology: An Evidence-Based Review

Maya Escueta, Vincent Quan, Andre Joshua Nickow and Philip Oreopoulos

23743: The Gender Unemployment Gap

Stefania Albanesi and Aysegul Sahin

23742: Equilibrium Provider Networks: Bargaining and Exclusion in Health Care Markets

Kate Ho and Robin Lee

23741: Household Finance in China

Russell Cooper and Guozhong Zhu

23740: Credit Growth and the Financial Crisis: A New Narrative

Stefania Albanesi, Giacomo De Giorgi and Jaromir Nosal

23739: Welfare-Consistent Global Poverty Measures

Martin Ravallion and Shaohua Chen

23738: Goal Setting, Academic Reminders, and College Success: A Large-Scale Field Experiment

Christopher R. Dobronyi, Philip Oreopoulos and Uros Petronijevic

23737: Slicing the Pie: Quantifying the Aggregate and Distributional Effects of Trade

Simon Galle, Andres Rodriguez-Clare and Moises Yi

23736: The Impact of Price Caps and Spending Cuts on U.S. Postsecondary Attainment

David Deming and Christopher Walters

23735: Choice of Majors: Are Women Really Different from Men?

Adriana Kugler, Catherine H. Tinsley and Olga Ukhaneva

23734: The Structure and Performance of U.S. Research Joint Ventures: Inferences and Implications from the Advanced Technology Program

James Adams and Albert Link

23733: Race Matters: Income Shares, Income Inequality, and Income Mobility for All U.S. Races

Randall Akee, Maggie R. Jones and Sonya R. Porter

23732: Income and Wealth Distribution in Macroeconomics: A Continuous-Time Approach

Yves Achdou, Jiequn Han, Jean-Michel Lasry, Pierre-Louis Lions and Benjamin Moll

23731: Job Search Behavior among the Employed and Non-Employed

Jason Faberman, Andreas Mueller, Aysegul Sahin and Giorgio Topa

23730: The Rise and Fall of Pellagra in the American South

Karen Clay, Ethan Schmick and Werner Troesken

23729: Social Security Claiming Decisions: Survey Evidence

John B. Shoven, Sita Slavov and David Wise

23728: The Role of Entrepreneurial Human Capital as a Driver of Endogenous Economic Growth

Isaac Ehrlich, Dunli Li and Zhiqiang Liu

23727: Self-Control and Demand for Preventive Health: Evidence from Hypertension in India

Liang Bai, Benjamin Handel, Edward Miguel and Gautam Rao

23726: Identifying Exchange Rate Common Factors

Ryan Greenaway-McGrevy, Donggyu Sul, Nelson Mark and Jyh-Lin Wu

23725: Learning to Live in a Liquidity Trap

Jasmina Arifovic, Stephanie Schmitt-Grohe and Martín Uribe

23724: Do Humans Suffer a Psychological Low in Midlife? Two Approaches (With and Without Controls) in Seven Data Sets

David Blanchflower and Andrew Oswald

23723: Price Uncertainty and Price-Contingent Securities

Geoffrey Heal

23722: The Affordable Care Act and Ambulance Response Times

Charles Courtemanche, Andrew Friedson, Andrew P. Koller and Daniel Rees

23721: First and Second Generation Impacts of the Biafran War

Richard Akresh, Sonia Bhalotra, Marinella Leone and Una Osili

23720: Oligopoly in International Trade: Rise, Fall and Resurgence

Keith Head and Barbara Spencer

23719: Testing for Peer Effects Using Genetic Data

John Cawley, Euna Han, Jiyoon (June) Kim and Edward Norton

23718: What Does (Formal) Health Insurance Do, and For Whom?

Amy Finkelstein, Neale Mahoney and Matthew Notowidigdo

23717: The Effect of Fertility on Mothers’ Labor Supply over the Last Two Centuries

Daniel Aaronson, Rajeev Dehejia, Andrew Jordan, Cristian Pop-Eleches, Cyrus Samii and Karl Schulze

23716: Commodity Booms and Busts in Emerging Economies

Thomas Drechsel and Silvana Tenreyro

23715: The Decline in Bank-Led Corporate Restructuring in Japan: 1981-2010

Takeo Hoshi, Satoshi Koibuchi and Ulrike Schaede

23714: Effects of State-Level Earned Income Tax Credit Laws in the U.S. on Maternal Health Behaviors and Infant Health Outcomes

Sara Markowitz, Kelli A. Komro, Melvin D. Livingston, Otto Lenhart and Alexander C. Wagenaar

23713: Migration-Induced Redistribution with and without Migrant's Voting

Assaf Razin and Efraim Sadka

23712: From Soviets to Oligarchs: Inequality and Property in Russia, 1905-2016

Filip Novokmet, Thomas Piketty and Gabriel Zucman

23711: Central Bank Digital Currency and the Future of Monetary Policy

Michael Bordo and Andrew Levin

23710: Mostly Harmless Regulation? Electronic Cigarettes, Public Policy and Consumer Welfare

Donald Kenkel, Sida Peng, Michael Pesko and Hua Wang

23709: Can Superstition Create a Self-Fulfilling Prophecy? School Outcomes of Dragon Children of China

Naci Mocan and Han Yu

23708: Mispriced Index Option Portfolios

George Constantinides, Michal Czerwonko and Stylianos Perrakis

23707: Rethinking the Power of Forward Guidance: Lessons from Japan

Mark Gertler

23706: The Time-Varying Price of Financial Intermediation in the Mortgage Market

Andreas Fuster, Stephanie H. Lo and Paul Willen

23705: Real Exchange Rates, Income per Capita, and Sectoral Input Shares

Javier Cravino and Samuel E. Haltenhof

23704: Cyclical Dispersion in Expected Defaults

João Gomes, Marco Grotteria and Jessica Wachter

23703: Engineering Educational Opportunity: Impacts of 1970s and 1980s Policies to Increase the Share of Black College Graduates with Major in Engineering or Computer Science

Catherine J. Weinberger

23702: The Gendered Spillover Effect of Young Children's Health on Human Capital: Evidence from Turkey

Marcella Alsan

23701: Flowers of Evil? Industrial Development and Long-Run Prosperity

Raphael Franck and Oded Galor

23700: Health Insurance and the Boomerang Generation: Did the 2010 ACA Dependent Care Provision affect Geographic Mobility and Living Arrangements among Young Adults?

Pinka Chatterji, Xiangshi Liu and Barış Yörük

23699: How Important is the Global Financial Cycle? Evidence from Capital Flows

Eugenio Cerutti, Stijn Claessens and Andrew Rose

23698: Inside Job or Deep Impact? Using Extramural Citations to Assess Economic Scholarship

Joshua Angrist, Pierre Azoulay, Glenn Ellison, Ryan Hill and Susan Feng Lu

23697: Crime and Violence: Desensitization in Victims to Watching Criminal Events

Rafael Di Tella, Lucia Freira, Ramiro Gálvez, Ernesto Schargrodsky, Diego Shalom and Mariano Sigman

23696: Regulation of Charlatans in High-Skill Professions

Jonathan B. Berk and Jules van Binsbergen

23695: Goods and Factor Market Integration: A Quantitative Assessment of the EU Enlargement

Lorenzo Caliendo, Luca David Opromolla, Fernando Parro and Alessandro Sforza

23694: The Housing Boom and Bust: Model Meets Evidence

Greg Kaplan, Kurt Mitman and Giovanni Violante

23693: Who Moves Up the Job Ladder?

John Haltiwanger, Henry Hyatt and Erika McEntarfer

23692: Prospect Theory and Energy Efficiency

Garth Heutel

23691: Collective Action, White Flight, and the Origins of Formal Segregation Laws

Werner Troesken and Randall Walsh

23690: On the Relationship Between Quality and Productivity: Evidence from China's Accession to the WTO

Haichao Fan, Yao Li and Stephen Yeaple

23689: What Information Drives Asset Prices?

Anisha Ghosh and George Constantinides

23688: The Employment and Output Effects of Short-Time Work in Germany

Russell Cooper, Moritz Meyer and Immo Schott

23687: The Rise of Market Power and the Macroeconomic Implications

Jan De Loecker and Jan Eeckhout

23686: The Political Economy of Transportation Investment

Edward Glaeser and Giacomo Ponzetto

23685: Commodity Connectedness

Francis Diebold, Laura Liu and Kamil Yilmaz

23684: Digital Economics

Avi Goldfarb and Catherine Tucker

23683: Fundamental Errors in the Voting Booth

Edward Glaeser and Giacomo Ponzetto

23682: The Medical Care Costs of Youth Obesity: An Instrumental Variables Approach

Adam Biener, John Cawley and Chad Meyerhoefer

23681: US Multinationals in Puerto Rico and the Repeal of Section 936 Tax Exemption for U.S. Corporations

Zadia Feliciano and Andrew Green

23680: Funding Value Adjustments

Leif Andersen, Darrell Duffie and Yang Song

23679: Nudging Retirement Savings: A Field Experiment on Supplemental Plans

Robert L. Clark, Robert Hammond, Melinda Morrill and Christelle Khalaf

23678: Local Protectionism, Market Structure, and Social Welfare: China's Automobile Market

Panle Barwick, Shengmao Cao and Shanjun Li

23677: Who Bears the Economic Costs of Environmental Regulations?

Don Fullerton and Erich Muehlegger

23676: Short and Long Run Uncertainty

Jose Maria Barrero, Nicholas Bloom and Ian Wright

23675: Simulating Business Cash Flow Taxation

Seth Benzell, Laurence Kotlikoff, Guillermo LaGarda and Victor Yifan Ye

23674: On the Dynamics of Community Development

Levon Barseghyan and Stephen Coate

23673: Opportunities and Challenges: Lessons from Analyzing Terabytes of Scanner Data

Serena Ng

23672: Level and Volatility Factors in Macroeconomic Data

Yuriy Gorodnichenko and Serena Ng

23671: Globalization and the Increasing Correlation between Capital Inflows and Outflows

Jonathan Davis and Eric van Wincoop

23670: Fund Tradeoffs

Lubos Pastor, Robert Stambaugh and Lucian A. Taylor

23669: Indirect Inference with Importance Sampling: An Application to Women’s Wage Growth

Robert Sauer and Christopher R. Taber

23668: Subsidizing Health Insurance for Low-Income Adults: Evidence from Massachusetts

Amy Finkelstein, Nathaniel Hendren and Mark Shepard

23667: People Versus Machines: The Impact of Minimum Wages on Automatable Jobs

Grace Lordan and David Neumark

23666: Macro and Micro Dynamics of Productivity: From Devilish Details to Insights

Lucia Foster, Cheryl Grim, John Haltiwanger and Zoltán Wolf

23665: Shopping for Lower Sales Tax Rates

Scott Baker, Stephanie Johnson and Lorenz Kueng

23664: Debt and Financial Vulnerability on the Verge of Retirement

Annamaria Lusardi, Olivia Mitchell and Noemi Oggero

23663: Systematic Managed Floating

Jeffrey Frankel