Working Papers

This is the home of the Williams College Economics Department Working Paper Series.  Other economics working paper series at Williams include:


2023-03 — Can Supply Shocks Be Inflationary with a Flat Phillips Curve?. Jean-Paul L’Huillier, Gregory Phelan.

2023-02 — The Effect of Franchise No-poaching Restrictions on Worker Earnings. Brian Callaci, Matthew Gibson, Sérgio Pinto.

2023-01 — Unemployment and the Direction of Technical Change. Gregory Casey.

2023-B — Changes in Children’s Time Use, India 1998-2019. Matthew Gibson, Maulik Jagnani, Hemant K. Pullabhotla.

2023-A — Projecting the impact of rising temperatures: The role of macroeconomic dynamics. Gregory Casey, Stephie Fried, Ethan Goode.


2022-08 — Sustainability in General Equilibrium. David Love, Gregory Phelan.

2022-07 — Fragility of Safe Asset Markets. Thomas M. Eisenbach, Gregory Phelan.

2022-06 — Digital Currency and Banking-Sector Stability William Chen, Gregory Phelan.

2022-05 — Forecasts: Consumption, Production, and Behavioral Responses. Husnain F. Ahmad, Matthew Gibson, Fatiq Nadeem, Sanval Nasim, Arman Rezaee.

2022-04 — Energy Efficiency and Directed Technical Change: Implications for Climate Change Mitigation. Gregory Casey.

2022-03 — Technology Shocks and Predictable Minsky Cycles. Jean-Paul L’Huillier, Gregory Phelan, and Hunter Wieman.

2022-02 — A Generalized Uzawa Growth Theorem and Capital-Augmenting Technological Change. Gregory Casey, Ryo Horii.

2022-01 — Understanding Climate Damages: Consumption versus Investment. Gregory Casey, Stephie Fried, Matthew Gibson.


2021-15 — Gifted & Talented Programs and Racial Segregation. Owen Thompson .

2021-14 — Employer market power in Silicon Valley. Matthew Gibson.

2021-13 — Gendered Language. Pamela Jakiela, Owen Ozier.

2021-12 — Should Monetary Policy Target Financial Stability?. William Chen, Gregory Phelan.

2021-11 — Liquidity Provision and Financial Stability. William Chen, Gregory Phelan.

2021-10 — Ore Money Ore Problems: A Resource Extraction Game. Sarah Jacobson.

2021-09 — Women Artists: gender, ethnicity, origin and contemporary prices. Abby LeBlanc, Stephen Sheppard .

2021-08 — Image Content, Complexity, and the Market Value of Art. Stephen Sheppard.

2021-07 — Collateral Constraints, Tranching, and Price Bases. Feixue Gong, Gregory Phelan.

2021-06 — Financial Stress and Health Considerations: A Tradeoff in the Reopening Decisions of U.S. Liberal Arts Colleges During The COVID-19 Pandemic. Jonah Tobin, Oliver Hall, Jacob Lazris, David Zimmerman.

2021-05 — Simple Diagnostics for Two-Way Fixed Effects. Pamela Jakiela.

2021-04 — Recruitment, effort, and retention effects of performance contracts for civil servants: Experimental evidence from Rwandan primary schools. Clare Leaver, Owen Ozier, Pieter Serneels, Andrew Zeitlin.

2021-03 — Seeds of Learning: Uncertainty and Technology Adoption in an Ecosystem-Based Adaptation Game. Babtunde Abidoye, Sahan Dissanayake, Sarah Jacobson.

2021-02 — Historical Instruments and Contemporary Endogenous Regressors. Gregory Casey, Marc Klemp.

2021-01 — Technology Shocks and Predictable Minsky Cycles. Jean-Paul L’Huillier, Gregory Phelan, and Hunter Wieman.


2020-11 — Information Asymmetries and Remittance Recipient Income: A Field Experiment in Malawi. Kate Ambler and Susan Godlonton.

2020-10 — Cournot Fire Sales. Thomas M. Eisenbach and Gregory Phelan.

2020-09 — Occupant Well-Being and House Values. Richard H. Rijnks and Stephen Sheppard.

2020-08 — Seeds of Learning: Uncertainty and Technology Adoption in an Ecosystem-Based Adaptation Game. Babatunde Abidoye, Sahan T. M. Dissanayake, and Sarah A. Jacobson.

2020-07 — Intra-African Trade. William W. Olney.

2020-06 — Money Growing on Trees: A Classroom Game about Payments for Ecosystem Services and Tropical Deforestation. Sahan T. M. Dissanayake and Sarah Jacobson.

2020-05 — International Coordination of Macroprudential Policies with Capital Flows and Financial Asymmetries. William Chen and Gregory Phelan.

2020-04 — Discretionary Exemptions from Environmental Regulation: Flexibility for Good or for Ill. Dietrich Earnhart, Sarah Jacobson, Yusuke Kuwayama and Richard T. Woodward.

2020-03 — Collateral Constraints, Tranching, and Price Bases. Feixue Gong and Gregory Phelan.

2020-02 — (Im)patience by Proxy: Making Intertemporal Decisions for Others. Angela C.M. de Oliveira and Sarah Jacobson.

2020-01 — Should Monetary Policy Target Financial Stability?. William Chen and Gregory Phelan.


2019-25 — Windfalls and work requirements: Evidence from a field experiment in Malawi. Kate Ambler and Susan Godlonton.

2019-24 — Follow the leader? A field experiment on social influence. Kate Ambler, Susan Godlonton, and María P. Recalde.

2019-23 — Occupant Well-Being and House Values. Richard H. Rijnks and Stephen Sheppard.

2019-22 — The Impact of the ACA Medicaid Expansion on Disability Program Applications. Lucie Schmidt, Lara Shore-Sheppard, and Tara Watson.

2019-21 — Federalizing Benefits: The Introduction of Supplemental Security Income and the Size of the Safety Net. Andrew Goodman-Bacon and Lucie Schmidt.

2019-20 — Fertility Trends in the United States, 1980-2017: The Role of Unintended Births. Kasey Buckles, Melanie E. Guldi, and Lucie Schmidt.

2019-19 — Lump-sum Transfers for Agriculture and Household Decision Making. Kate Ambler, Alan de Brauw, and Susan Godlonton.

2019-18 — Debt Collateralization, Structured Finance, and the CDS Basis. Feixue Gong and Gregory Phelan.

2019-17 — Energy Efficiency and Directed Technical Change: Implications for Climate Change Mitigation. Gregory Casey.

2019-16 — Extreme Temperatures and Time Use in China. Teevrat Garg, Matthew Gibson and Fanglin Sun.

2019-15 — Why Do We Procrastinate? Present Bias and Optimism. Zachary Breig, Matthew Gibson, and Jeffrey Shrader.

2019-14 — School Desegregation and Black Teacher Employment. Owen Thompson.

2019-13 — Fertility Decline in the Civil Rights Era. Owen Thompson.

2019-12 — Assessing the FSAP:Quality, Relevance, and Value Added. Gerard Caprio, Jr.

2019-11 — Discretionary Exemptions from Environmental Regulation: Flexibility for Good or for Ill. Dietrich Earnhart, Sarah Jacobson, Yusuke Kuwayama, and Richard T. Woodward.

2019-10 — Diversity and Conflict. Cemal Eren Arbatli, Quamrul H. Ashraf, Oded Galor, and Marc Klemp.

2019-09 — Money Growing on Trees: A Classroom Game about Payments for Ecosystem Services and Tropical Deforestation. Sahan T. M. Dissanayake and Sarah A. Jacobson.

2019-08 — Preference Discovery. Jason Delaney, Sarah Jacobson, and Thorsten Moenig.

2019-07 — Debt Collateralization, Capital Structure, and Maximal Leverage. Feixue Gong and Gregory Phelan.

2019-06 — Macroeconomic Research, Present and Past. P.J. Glandon, Ken Kuttner, Sandeep Mazumder, and Caleb Stroup.

2019-05 — Heat Stress: Ambient Temperature and Workplace Accidents in the US. Lucy Page and Stephen Sheppard.

2019-04 — The Impact of Climate Change on Fertility. Gregory Casey, Soheil Shayegh, Juan Moreno-Cruz, Martin Bunzl, Oded Galor, and Ken Caldeira.

2019-03 — Cabotage Sabotage? The Curious Case of the Jones Act. William W. Olney.

2019-02 — Climate Risk and Beliefs: Evidence from New York Floodplains. Matthew Gibson, Jamie T. Mullins, and Alison Hill.

2019-01 — Global Collateral and Capital Flows. Ana Fostel, John Geanakoplos, and Gregory Phelan.


2018-12 — Supplemental Security Income and Child Outcomes: Evidence from Birth Weight Eligibility Cutoffs. Melanie Guldi, Amelia Hawkins, Jeffrey Hemmeter, and Lucie Schmidt.

2018-11 — Rural Labor Market Responses to Large Lumpy Cash Transfers: Evidence from Malawi. Kate Ambler, Alan de Brauw, and Susan Godlonton.

2018-10 — How do Structural Features Affect Corporate Exposures to Macro-financial Shocks in Open Economies? Rina Bhattacharya, Pranav Gupta, Xingwei Hu, and Peter Pedroni.

2018-09 — Panel Cointegration Techniques and Open Challenges. Peter Pedroni.

2018-08 — Trilemma-Dilemma: Constraint or Choice? Some Empirical Evidence from a Structurally Identified Heterogeneous Panel VAR. Peter J. Montiel and Peter Pedroni.

2018-07 — A Policy of Credit Disruption: The Punjab Land Alienation Act of 1900. Latika Chaudhary and Anand V. Swamy.

2018-06 — Dynamic Consequences of Monetary Policy for Financial Stability. William Chen and Gregory Phelan.

2018-05 — Occupant Well-Being and House Values. Richard H. Rijnks and Stephen Sheppard.

2018-04 — Outside the Box: Unconventional Monetary Policy in the Great Recession and Beyond. Kenneth N. Kuttner.

2018-03 — Uncorking Expert Reviews with Social Media: A Case Study Served with Wine. Alex Albright, Peter Pedroni, and Stephen Sheppard.

2018-02 — Immigration and Offshoring. William W. Olney and Dario Pozzoli.

2018-01 — Cournot Fire Sales. Thomas M. Eisenbach and Gregory Phelan.


2017-05 — International Coordination of Macroprudential Policies with Capital Flows and Financial Asymmetries. William Chen and Gregory Phelan.

2017-04 — Globalization and Executive Compensation. Wolfgang Keller and William W. Olney.

2017-03 — Capital-Skill Complementarity and the Emergence of Labor Emancipation. Quamrul H. Ashraf, Francesco Cinnirella, Oded Galor, Boris Gershman, and Erik Hornung.

2017-02 — Preference Discovery. Jason Delaney, Sarah Jacobson, and Thorsten Moenig.

2017-01 — (Im)patience by Proxy: Making Intertemporal Decisions for Others. Angela C.M. de Oliveira and Sarah Jacobson.


2016-18 — Dimensionality and Disagreement: Asymptotic Belief Divergence in Response to Common Information. Isaac Loh and Gregory Phelan.

2016-17 — Regional Concentration of Industry in China: decentralised choices or a central plan? Stephen Sheppard and Dan Zhao.

2016-16 — Heat Stress: The Impact of Ambient Temperature on Occupational Injuries in the U.S. Lucy Page and Stephen Sheppard.

2016-15 — Value for Money? Vote-Buying and Politician Accountability in the Laboratory. Jessica Leight, Rohini Pande, and Laura Ralston.

2016-14 — The Impact of Early Childhood Rainfall Shocks on the Evolution of Cognitive and Non-cognitive Skills. Jessica Leight, Paul Glewwe, and Albert Park.

2016-13 — Grain Into Gold? The Impact of Agricultural Income Shocks on Rural Chinese Households. Jessica Leight.

2016-12 — Capital Structure and Corporate Performance in Late Imperial Russia. Amanda Gregg and Steven Nafziger.

2016-11 — Anchoring Bias in Recall Data. Susan Godlonton, Manuel A. Hernandez, and Mike Murphy.

2016-10 — Employment Risk and Job-Seeker Performance. Susan Godlonton.

2016-09 — Employment Exposure: Employment and Wage Effects in Urban Malawi. Susan Godlonton.

2016-08 — Collective Action and Representation in Autocracies: Evidences from Russia’s Great Reforms. Paul Dower, Evgeny Finkel, Scott Gehlbach, and Steven Nafziger.

2016-07 — Long-Run Consequences of Labor Coercion: Evidence from Russian Serfdom. Johannes C. Buggle and Steven Nafziger.

2016-06 — Debt Collateralization, Structured Finance, and the CDS Basis. Feixue Gong and Gregory Phelan.

2016-05 — Maternal Education, Parental Investment and Non-Cognitive Characteristics in Rural China. Jessica Leight and Elaine M. Liu.

2016-04 — Regulation-Induced Pollution Substitution. Matthew Gibson.

2016-03 — Do Airbnb properties affect house prices? Stephen Sheppard and Andrew Udell.

2016-02 — The Macrogenoeconomics of Comparative Development. Quamrul H. Ashraf and Oded Galor.

2016-01 — Gray Matters: Fetal Pollution Exposure and Human Capital Formation. Prashant Bharadwaj, Matthew Gibson, Joshua Graff Zivin, and Christopher Neilson.


2015-17 — Time Use and Productivity: The Wage Returns to Sleep. Matthew Gibson and Jeffrey Shrader.

2015-16 — The Effects of Road Pricing on Driver Behavior and Air Pollution. Matthew Gibson and Maria Carnovale.

2015-15 — When Do Punishment Institutions Work? Patrick Aquino, Robert S. Gazzale, and Sarah Jacobson.

2015-14 — Securitized Markets, International Capital Flows, and Global Welfare. Gregory Phelan and Alexis Akira Toda.

2015-13 — Debt Collateralization, Capital Structure, and Maximal Leverage. Feixue Gong and Gregory Phelan.

2015-12 — Global Collateral: How Financial Innovation Drives Capital Flows and Increases Financial Instability. Ana Fostel, John Geanakoplos, and Gregory Phelan.

2015-11 — Hyperbolic Discounting and Life-Cycle Portfolio Choice. David Love and Gregory Phelan.

2015-10 — On the Robustness of Theoretical Asset Pricing Models. Gregory Phelan and Alexis Akira Toda.

2015-09 — Policies with Varying Costs and Benefits: A Land Conservation Classroom Game. Sahan T. M. Dissanayake and Sarah A. Jacobson.

2015-08 — The Nature of Conflict. Cemal Eren Arbatli, Quamrul H. Ashraf, and Oded Galor.

2015-07 — Climatic Fluctuations and the Diffusion of Agriculture. Quamrul Ashraf and Stelios Michalopoulos.

2015-06 — Genetic Diversity and the Origins of Cultural Fragmentation. Quamrul Ashraf and Oded Galor.

2015-05 — English Proficiency and Labor Market Performance: Evidence from the Economics Profession. William W. Olney.

2015-04 — Income Effects in Labor Supply: Evidence from Child-Related Tax Benefits. Philippe Wingender and Sara LaLumia.

2015-03 — Collateralized Borrowing and Increasing Risk. Gregory Phelan.

2015-02 — Financial Intermediation, Leverage, and Macroeconomic Instability. Gregory Phelan.

2015-01 — Correlated Default and Financial Intermediation. Gregory Phelan.


2014-06 — Evidence on the Responsiveness of Export-Related VAT Evasion to VAT Rates in the EU. Ivan Badinski and Jon Bakija.

2014-05 — Fatal Attraction: health care agglomeration and its consequences. Stephen Sheppard and Michael Hellstern.

2014-04 — Culture Concentrations. Stephen Sheppard.

2014-03 — The Good of the Few: Reciprocal Acts and the Provision of a Public Bad. Jason Delaney and Sarah Jacobson.

2014-02 — Discovered Preferences for Risky and Non-Risky Goods. Jason J. Delaney, Sarah A. Jacobson and Thorsten P. Moenig.

2014-01 — Temporal Spillovers in Land Conservation. Sarah Jacobson.


2013-20 — Can non-interest rate policies stabilize housing markets? Kenneth N. Kuttner and Illhyock Shim.

2013-19 — Exams, Districts, and Intergenerational Mobility: Evidence from South Korea. Yong Suk Lee.

2013-18 — Globalization and Human Capital Investment: How Export Composition Drives Educational Attainment. Emily Blanchard and William W. Olney.

2013-17 — Temporal Spillover in Land Conservation. Sarah Jacobson.

2013-16 — Staffing Subsidies and the Quality of Care in Nursing Homes. Andrew D. Foster and Yong Suk Lee.

2013-15 — Russian Peasants and Politicians: The Political Economy of Local Agricultural Support in Nizhnii Novgorod Province, 1864-1914. Steven Nafziger.

2013-14 — Russian Serfdom, Emancipation, and Land Inequality: New Evidence. Steven Nafziger.

2013-13 — Russian Inequality on the Eve of Revolution. Steven Nafziger and Peter Lindert.

2013-12 — How Inflation Affects Macroeconomic Performance: An Agent-Based Computational Investigation. Quamrul Ashraf, Boris Gershman, and  Peter Howitt.

2013-11 — The Effect of Fertility Reduction on Economic Growth.  Quamrul H. Ashraf, David N. Weil, and Joshua Wilde.

2013-10 — The “Out of Africa” Hypothesis, Human Genetic Diversity, and Comparative Economic Development. Quamrul Ashraf and Oded Galor.

2013-09 —Those Outsiders: How Downstream Externalities Affect Public Good Provision. Jason Delaney and Sarah Jacobson.

2013-08 — Reallocating wealth? Insecure property rights and agricultural investment in rural China. Jessica Leight.

2013-07 — The New Safety Net? Supplemental Security Income after Welfare Reform. Lucie Schmidt.

2013-06 — New Evidence on Taxes and the Timing of Birth. Sara LaLumia, James M. Sallee and Nicholas Turner.

2013-05 — How Income Changes During Unemployment: Evidence from Tax Return Data. Laura Kawano and Sara LaLumia.

2013-04 — Impact of Corruption on Firm Level Export Decisions. William W. Olney.

2013-03 — Favor Trading in Public Good Provision. Sarah Jacobson and Ragan Petrie.

2013-02 — Payments or Persuasion: Common Pool Resource Management with Price and Non-price Measures. Jason Delaney and Sarah Jacobson.

2013-01 — Tax Policy and Philanthropy: A Primer on the Empirical Evidence for the U.S. and its Implications. Jon Bakija.


2012-07 — How do Immigrants Fare in Retirement. Purvi  Sevak and Lucie Schmidt.

2012-06 — Educational Tracking, Residential Sorting, and Intergenerational Mobility. Yong Suk Lee.

2012-05 — Estimating Heterogeneous Take-up and Crowd-Out Responses to Current Medicaid Limits and Their Nonmarginal Expansions. John Ham, Serkan Ozbeklik, and Lara Shore-Sheppard.

2012-04 —  Culture Shocks and Consequences: the connection between the arts and urban economic growth. Peter Pedroni and Stephen Sheppard.

2012-03 — Shock to the System: Prevention of Mother-to-Child Transmission of HIV and Child Mortality. Nicholas Wilson.

2012-02 — The Good of the Few: Reciprocity in the Provision of a Public Bad. Jason Delaney and Sarah Jacobson.

2012-01 — Low Interest Rates and Housing Bubbles: Still No Smoking Gun. Kenneth Kuttner.


2011-15 — Cultural Diversity, Geographical Isolation, and the Origin of the Wealth of Nations. Quamrul Ashraf and Oded Galor.

2011-14 — Is Sex Like Driving? Risk Compensation Associated with Randomized Male Circumcision in Kisumu, Kenya. Nicholas Wilson, Wentao Xiong, and Christine Mattson.

2011-13 — Remittances and the Wage Impact of Immigration. William W. Olney.

2011-12 — A Shared Sense of Responsibility: Money Versus Effort Contributions in the Voluntary Provision of Public Goods. Jared Carbone and Robert Gazzale.

2011-11 — Child Mortality Risk and Fertility: Evidence from Prevention of Mother-to-Child Transmission of HIV. Nicholas Wilson.

2011-10 — How Flexible Can Inflation Targeting Be and Still Work? Kenneth N. Kuttner and Adam S. Posen.

2011-09 — Asymmetric Information and the Foreign-Exchange Trades of Global Custody Banks. Carol Osler, Tanseli Savaser, and Thang Nguyen.

2011-08 — The EITC, Tax Refunds, and Unemployment Spells. Sara LaLumia.

2011-07 — Micro-Perspectives on Living Standards in Nineteenth-Century Russia. Tracy Dennison and Steven Nafziger.

2011-06 — Big BRICs, Weak Foundations: The Beginning of Public Elementary Education in Brazil, Russia, India, and China. Latika Chaudhary, Aldo Musacchio, Steven Nafziger, and Se Yan.

2011-05 — The Value of Honesty: Empirical Estimates from the Case of the Missing Children. Sara LaLumia and James M. Sallee.

2011-04 — Monetary Policy and Asset Price Volatility: Should We Refill the Bernanke-Gertler Prescription? Kenneth Kuttner.

2011-03 — Banks, Market Organization, and Macroeconomic Performance: An Agent-Based Computational Analysis. Quamrul Ashraf, Boris Gershman, and Peter Howitt.

2011-02 — A Race to the Bottom? Employment Protection and Foreign Direct Investment. William W. Olney.

2011-01 —  Land and Law in Colonial India. Anand Swamy.

2010 and earlier

2010-23 — Antiretroviral Therapy and Demand for HIV Testing: Evidence from Zambia. Nicholas Wilson.

2010-22 — Jobs and Income Growth of Top Earners and the Causes of Changing Income Inequality: Evidence from U.S. Tax Return Data. Jon Bakija, Adam Cole, and Bradley Heim.

2010-21 —  Economic Booms and Risky Sexual Behavior: Evidence from Zambian Copper Mining Cities. Nicholas Wilson.

2010-20 — Identity and Mobility: Historical Fractionalization, Parochial Institutions, and Occupational Choice in the American Midwest. Kaivan Munshi and Nicholas Wilson.

2010-19 — Favor Trading in Public Good Provision. Sarah Jacobson and Ragan Petrie.

2010-18 — Real Exchange Rates, Saving and Growth: Is there a Link? Peter J. Montiel and Luis Servén.

2010-17 — Do Worker Remittances Reduce Output Volatility in Developing Countries? Ralph Chami, Dalia Hakura, and Peter Montiel.

2010-16 — Globalization and Investment in Human Capital. Daniel C. Hickman and William W. Olney.

2010-15 — The Great Recession, ‘Rainy Day’ Funds, and Countercyclical Fiscal Policy in Latin America. Eduardo Fernández-Arias and Peter Montiel.

2010-14 — Monetary Transmission in Low Income Countries. Prachi Mishra, Peter J. Montiel, and Antonio Spilimbergo.

2010-13 — Remittances and Institutions: Are Remittances a Curse? Yasser Abdih, Ralph Chami, Jihad Dagher, and Peter Montiel.

2010-12 — Workers’ Remittances and the Equilibrium Real Exchange Rate: Theory and Evidence.  Adolfo Barajas, Ralph Chami, Dalia Hakura, and Peter Montiel.

2010-11 — Immigration and Firm Expansion. William W. Olney.

2010-10 — Offshoring, Immigration, and the Native Wage Distribution. William W. Olney.

2010-09 — Tax Preferences for Higher Education and Adult College Enrollment. Sara LaLumia.

2010-08 — Commitment and Conquest: The Case of British Rule in India. Mandar Oak and Anand Swamy.

2010-07 — Web Appendix to: How Does Charitable Giving Respond to Incentives and Income? New Estimates from Panel Data. Jon Bakija and Bradley Heim. (Associated paper available here.)

2010-06 — Marriage Meets the Joneses: Relative Income, Identity, and Marital Status. Tara Watson and Sara McLanahan.

2010-05 — Local Fiscal Policies and Urban Wage Structures. Patricia Beeson, Lara Shore-Sheppard, and Tara Watson.

2010-04 — Global Climate Change and the Resurgence of Tropical Disease: An Economic Approach. Douglas Gollin and Christian Zimmermann.

2010-03 — Implementation of Monetary Policy: How Do Central Banks Set Interest Rates? Benjamin Friedman and Kenneth Kuttner.

2010-02 — The Climatic Origins of the Neolithic Revolution: Theory and Evidence. Quamrul Ashraf and Stelios Michalopoulos.

2010-01 — Dynamics and Stagnation in the Malthusian Epoch. Quamrul Ashraf and Oded Galor.

2009-07 — The Earned Income Tax Credit and Reported Self-Employment Income. Sara LaLumia.

2009-06 — Safe and Sound Banking: A Role for Countercyclical Regulatory Requirements? Gerard Caprio.

2009-05 — Financial Regulation in a Changing World: Lessons from the Recent Crisis. Gerard Caprio.

2009-04 — Isolation and Development. Quamrul Ashraf, Oded Galor, and Omer Ozak.

2009-03 — Learning to Play Nash from the Best. Robert Gazzale.

2009-02 — Ambiguous Solicitation: Ambiguous Prescription. Robert Gazzale, Julian Jamison, Alexander Karlan, Dean Karlan.

2009-01 — Behavioral Biases in Annuity Choice: An Experiment. Robert Gazzale, Lina Walker.

2008-23 — Democracy Under the Tsars? The Case of the Zemstvo. Steven Nafziger.

2008-22 — Remain Silent and Ye Shall Suffer: Seller Exploitation of Reticent Buyers in an Experimental Reputation System. Robert Gazzale, Tapan Khopkar.

2008-21 — Pension Freezes and Household Saving Over the Life Cycle. David Love, Paul Smith.

2008-20 — Animal genetic resource trade flows: Economic assessment. Douglas Gollin, Eric Van Dusen, Harvey Blackburn.

2008-19 — Labour’s Share of Income. Douglas Gollin.

2008-18 — Equipping Immigrants: Migration Flows and Capital Movements. Fabian Lange, Douglas Gollin.

2008-17 — Malaria: Disease Impacts and Long-Run Income Differences. Douglas Gollin, Christian Zimmermann.

2008-16 — Taxes, Wages, and the Labor Supply of Older Americans. Lucie Schmidt, Purvi Sevak.

2008-15 — Understanding the Flattening Phillips Curve. Kenneth Kuttner, Tim Robinson.

2008-14 — Economic Research Citations at Liberal Arts Colleges. Peter Pedroni, Stephen Sheppard.

2008-13 — The Effect of Marital Status and Children on Savings and Portfolio Choice. David Love.

2008-12 — A New Look at the Wealth Adequacy of Older U.S. Households. David Love, Paul Smith, Lucy McNair.

2008-11 — Does Health Affect Portfolio Choice? David Love, Paul Smith.

2008-10 — The Trajectory of Wealth in Retirement. David Love, Michael Palumbo, Paul Smith.

2008-09 — Bank Regulations Are Changing: But For Better or Worse? James Barth, Gerard Caprio, Ross Levine.

2008-08 — The 2007 Meltdown in Structured Securitization: Searching for Lessons not Scapegoats. Gerard Caprio, Aslı Demirgüç-Kunt, Edward Kane.

2008-07 — Banking Crises. Gerard Caprio, Patrick Honohan.

2008-06 — Does Marriage Really Mattter? Investments in Prenatal Care and Birth Outcomes. Alison Jacknowitz, Lucie Schmidt.

2008-05 — Utilization of Infertility Treatments: The Effects of Insurance Mandates. Marianne Bitler, Lucie Schmidt.

2008-04 — Cosigners as Collateral. Stephan Klonner and Ashok Rai.

2008-03 — Borrower Runs. Philip Bond, Ashok Rai.

2008-02 — Extreme Returns without News: A Microstructural Explanation. Carol Osler, Tanseli Savaser.

2008-01 — How Does Charitable Giving Respond to Incentives and Income? New Estimates from Panel Data. Jon Bakija and Bradley Heim (Revised final version, June 2011; supplementary web appendix available here).

2007-07 — Micro-Perspectives on 19th-century Russian Living Standards. Tracy Dennison, Steven Nafziger.

2007-06 — Only Twice As Much: A Rule for Regulating Lenders. Mandar Oak, Anand Swamy.

2007-05 — Do Markets Care Who Chairs the Central Bank? Kenneth Kuttner, Adam Posen.

2007-04 — Why Do Firms Offer Risky Defined Benefit Pension Plans? Davd Love, Paul Smith, David Wilcox.

2007-03 — Risk Preferences and the Timing of Marriage and Childbearing. Lucie Schmidt.

2007-02 — Exchange Rate Response to Macro News: Through the Lens of Microstructure. Tanseli Savaser.

2007-01 — Adverse Selection in Credit Markets: Evidence from a Policy Experiment. Stefan Klonner and Ashok Rai.

2006-06 — Gender, Marriage, and Asset Accumulation in the United States. Lucie Schmidt and Purvi Sevak.

2006-05 — Contracts, Hold-Up, and Exports: Textiles and Opium in Colonial India. Rachel Kranton and Anand Swamy.

2006-04 — Health Disparities and Infertility: Impacts of State-Level Insurance Mandates. Marianne Bitler and Lucie Schmidt.

2006-03 — Reconciling the Returns to Education in Off-Farm Wage Employment in Rural China. Alan de Brauw and Scott Rozelle.

2006-02 — Documentation for a Comprehensive Historical U.S. Federal and State Income Tax Calculator Program. Jon Bakija (Revised version, August 2009).

2006-01 — Habermas’s Theory of Communicative Action and the Theory of Social Capital. Roger Bolton.

2005-08 —  Timing vs. Long-run Charitable Giving Behavior: Reconciling Divergent Approaches and Estimates. Jon Bakija and Rob McClelland.

2005-07 — Effects of Infertiltiy Insurance Mandates on Fertility. Lucie Schmidt.

2005-06 — Stemming the Tide? The Effect of Expanding Medicaid Eligibility on Health Insurance. Lara Shore-Sheppard.

2005-05 — Migrant Opportunity and the Educational Attainment of Youth in Rural China. Alan de Brauw and John Giles.

2005-04 — Robust Unit Root and Cointegration Rank Tests for Panels and Large Systems. Peter Pedroni and Tim Vogelsang.

2005-03 — Regional Income Divergence in China. Peter Pedroni and James Yudong Yao.

2005-02 — Public Health Investments and the Infant Mortality Gap: Evidence from Federal Sanitation Interventions on U.S. Indian Reservations. Tara Watson.

2005-01 — System Design, User Cost and Electronic Usage of Journals. Robert Gazzale and Jeffrey MacKie-Mason.

2004-17 — Capitalising the Value of Free Schools: The Impact of Land Supply Constraints. Paul Cheshire and Stephen Sheppard.

2004-16 — Conservation Behavior: From Voluntary Restraint to a Voluntary Price Premium. Matthew Kotchen and Michael Moore.

2004-15 — Panel Cointegration: Asymptotic and Finite Sample Properties of Pooled Time Series Tests with an Application to the PPP Hypothesis. Peter Pedroni.

2004-14 — Working Until Dropping: Employment Behavior of the Elderly in Rural China. Lihua Pang, Alan de Brauw and Scott Rozelle.

2004-13 — Do Maternal Investments in Human Capital Affect Children’s Academic Achievement? Quinn Moore and Lucie Schmidt.

2004-12 — Do the Rich Flee from High State Taxes? Evidence from Federal Estate Tax Returns. Jon Bakija and Joel Slemrod.

2004-11 — Transmission of External and Internal Shocks In Argentina During The Convertibility Period. Some Empirical Findings From VARs. Chris Geiregat.

2004-10 — Seasonal Migration and Improving Living Standards in Vietnam. Alan de Brauw and Tomoko Harigaya.

2004-09 — Are the new and old EU countries financially integrated? Tomas Dvorak and Chris Geiregat.

2004-08 — Cosigned or Group Loans. Philip Bond and Ashok S. Rai.

2004-07 — Private Provision of Environmental Public Goods: Household Participation in Green-Electricity Programs. Matthew Kotchen and Michael Moore.

2004-06 — Explaining The Appearance and Success of Voter Referenda For Open-Space Conservation. Matthew Kotchen and Shawn Powers.

2004-05 — The Impact of Rent Controls in Non-Walrasian Markets: An Agent-Based Modeling Approach. Ralph Bradburd, Stephan Sheppard, Joseph Bergeron and Eric Engler.

2004-04 — The Effect of Infrastructure on Long Run Economic Growth. David Canning and Peter Pedroni.

2004-03 — Social Capital, Barriers to Production and Capital Shares; Implications for the Importance of Parameter Heterogeneity from a Nonstationary Panel Approach. Peter Pedroni.

2004-02 — When Does Learning in Games Genterate Convergence to Nash Equilibria? The Role of Supermodularity in an Experimental Setting. Yan Chen and Robert Gazzale.

2004-01 — Improving Learning Performance by Applying Economic Knowledge. Christopher Brooks, Robert Gazzale, Jeffrey MacKie Mason, Edmund Durfee.

2003-18 — Charitable Bequests and Taxes on Inheritance and Estates: Aggregate Evidence from Across States and Time. Jon Bakija, William Gale, and Joel Slemrod.

2003-17 — Mega-Sporting Events in Developing Nations: Playing the Way to Prosperity? Victor A. Matheson and Robert A. Baade.

2003-16 — In Search of a Fair Bet in the Lottery. Victor A. Matheson and Kent Grote.

2003-15 — Super Bowl or Super (Hyper)Bole? Assessing the Economic Impact of America’s Premier Sports Event. Robert A. Baade and Victor A. Matheson.

2003-14 — Research Note: Contrary Evidence on the Economic Impact of the Super Bowl on the Victorious City. Victor A. Matheson.

2003-13 — The Paradox of Championships “Be Careful, Sports Fans, What You Wish For.” Robert A. Baade and Victor A. Matheson.

2003-12 — The Death-Effect on Collectible Prices. Victor A. Matheson and Robert A. Baade.

2003-11 — The Measurement of Medicaid Coverage in the SIPP: Evidence from a Comparison of Matched Records. David Card, Andrew Hildreth, and Lara Shore-Sheppard.

2003-10 — The Effect of Medicaid Expansions for Low-Income Children on Medicaid Participation and Private Insurance Coverage: Evidence from the SIPP. John Ham and Lara Shore-Sheppard.

2003-09 — Using Discontinuous Eligibility Rules to Identify the Effects of the Federal Medicaid Expansions on Low Income Children. David Card and Lara Shore-Sheppard.

2003-08 — Did Expanding Medicaid Affect Welfare Participation? John Ham and Lara Shore-Sheppard, NBER Working Paper #9803.

2003-07 — Sometimes Close is Good Enough: The Value of Nearby Environmental Amenities. Lucie Schmidt and Paul N. Courant.

2003-06 — Impure Public Goods and the Comparative Statics of Environmentally Friendly Consumption. Matthew J. Kotchen.

2003-05 — Green Markets and Private Provision of Public Goods. Matthew J. Kotchen.

2003-04 — The Character and Determinants of Corporate Capital Gains. Mihir A. Desai and William M. Gentry.

2003-03 — What Can We Learn About the Sensitivity of Investment to Stock Prices with a Better Measure of Tobin’s q? William M. Gentry and Christopher J. Mayer.

2003-02 — Are Women Taking Over the Farm in China? Alan de Brauw.

2003-01 — Household Investment through Migration in Rural China. Alan de Brauw and Scott Rozelle.

2002-09 — The Role of Agriculture in Development. Douglas Gollin, Stephen Parente and Richard Rogerson.

2002-08 — Farm Work, Home Work and International Productivity Differences. Douglas Gollin, Stephen Parente and Richard Rogerson.

2002-07 — The Green Revolution: An End of Century Perspective. R.E. Evenson and Douglas Gollin.

2002-06 — Nobody’s Business by My Own: Self Employment and Small Enterprise in Economic Development. Douglas Gollin.

2002-05 — Sequencing and the Success of Gradualism: Empirical Evidence from China’s Agricultural Reform. Alan de Brauw, Jikun Huang, and Scott Rozelle.

2002-04 — Taxes Versus Regulation: The Welfare Impacts of Policies for Containing Sprawl. Paul Cheshire and Stephen Sheppard.

2002-03 — AFDC, SSI, and Welfare Reform Aggressiveness: Caseload Reductions vs. Caseload Shifting. Lucie Schmidt and Purvi Sevak.

2002-02 — The Welfare Implications of Increasing Disability Insurance Benefit Generosity. John Bound, Julie Berry Cullen, Austin Nichols and Lucie Schmidt NBER Working Paper #9155.

2002-01 — Model Selection in an Information Economy: Choosing what to Learn. Christopher Brooks, Robert Gazzale, Rajarshi Das, Jeffrey Kephart, Jeffrey MacKie-Mason, Edmund Durfee.

2001-15 — Carbon Taxation when Climate Affects Productivity.  William K. Jaeger (abstract only).

2001-14 — Economic Growth and Environmental Resource Allocation.  William K. Jaeger and Van Kolpin (abstract only).

2001-13 — Setting Environmental Taxes in a Second-Best World. William K. Jaeger (abstract only).

2001-12 — Environmental and Distortionary Taxes: Comment.  William K. Jaeger (abstract only).

2001-11 — Getting Income Shares Right. Douglas Gollin.

2001-10 — Land Reform and the Political Organization of Agriculture. Jonathan H. Conning and James A. Robinson.

2001-09 — Managing Economic Insecurity in Rural El Salvador: the role of asset ownership and labor market adjustments. Jonathan Conning, Pedro Olinto and Alvaro Trigueros.

2001-08 — Latifundia Economics. Jonathan Conning.

2001-07 — Gross Capital Flows and Asymmetric Information. Tomas Dvorak.

2001-06 — Reform and Growth in Latin America: All Pain, No Gain? Peter Montiel and Eduardo Fernandez-Arias.

2001-05 — Post-Crisis Exchange Rate Policy in Five Asian Countries: Filling in the “Hollow Middle”? Peter Montiel and Leonardo Hernandez.

2001-04 — Do Domestic Investors Have an Information Advantage? Evidence from Indonesia Tomas Dvorak.

2001-03 — The Welfare Economics of Land Use Planning. Paul Cheshire and Stephen Sheppard.

2001-02 — The Impact of Public Health Insurance on Labor Market Transitions. John Ham and Lara Shore-Sheppard.

2001-01 — Purchasing Power Parity Tests in Cointegrated Panels. Peter Pedroni.

2000-11 — Taxation by Auction: Fund-Raising by 19th Century Indian Guilds. Arijit Sen and Anand V. Swamy.

2000-10 — Gender and Corruption. Anand Swamy, Stephen Knack, Young Lee, and Omar Azfar.

2000-09 — Community Based Targeting for Social Safety Nets. Jonathan Conning and Michael Kevane.

2000-08 — Of Pirates and Moneylenders: Product Market Competition and the Depth of Lending relationships in a rural market in Chile. Jonathan Conning.

2000-07 — Monitoring by Peers or by Delegates? Joint Liability Loans under Moral Hazard. Jonathan Conning.

2000-06 — Distinguishing Transitory and Permanent Price Elasticities of Charitable Giving with Pre-Announced Changes in Tax Law. Jon Bakija.

2000-05 — The Effect of Taxes on Portfolio Choice: Evidence From Panel Data Spanning The Tax Reform Act of 1986. Jon Bakija.

2000-04 — The Effect of Local Fiscal Policies on Urban Wage Structure. Patricia Beeson, Lara Shore-Sheppard, and Christopher Briem.

2000-03 — Fully Modified OLS for Heterogeneous Cointegrated Panels. Peter Pedroni.

2000-02 — Critical Values for Cointegration Tests in Heterogeneous Panels with Multiple Regressors. Peter Pedroni.

2000-01 — Pricing and Bundling Electronic Information Goods: Field Evidence. Jeffrey MacKie-Mason, Juan Riveros, Robert Gazzale.