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277435457 The economics of faking ecstasy.  
In this paper, we develop a signaling model of rational lovemaking. In the act of lovemaking, a man and a woman send each other possibly deceptive signals about their true state of ecstasy. For...
277435456 Risk preferences and expected utility: evidence from labor supply data.  
This paper adds to the growing body of evidence that observed risk preferences are not consistent with expected-utility theory. Using the link between labor supply decisions and utility as...
277435455 Gender and the influence of peer alcohol consumption on adolescent sexual activity.  
I consider the alcohol consumption of opposite-gender peers as explanatory to adolescent sexual intercourse and demonstrate that female sexual activity is higher where there is higher alcohol...
277435454 On the search for talent in academic labor markets: easily observable later-graduate study outcomes as predictors of early-career publishing, placement, and tenure.  
Three easily observed later-graduate study outcomes, working with a prominent advisor, publishing while in graduate school, and coauthoring with the advisor are demonstrated to be significant...
277435453 Toxic neighbors: foreclosures and short-sales spillover effects from the current housing-market crash.  
Do home foreclosures and short sales equally affect neighbors? On average, no-default homes sell anytime up to 6 months after sales of foreclosed neighbors suffer a cumulative spillover effect of...
277435452 Talent and/or popularity: what does it take to be a superstar?  
We show that both talent and popularity significantly contribute to stars' market values in German soccer. The talent-versus-popularity controversy on the sources of stardom goes back to Rosen...
277435451 The effects of teenage fatherhood on young adult outcomes.  
This paper uses national longitudinal data and several new empirical strategies to examine the consequences of teenage fatherhood. The key contribution is to compare economic outcomes of young...
277435450 Peer evaluations and team performance: when friends do worse than strangers.  
We use peer assessments as a tool to allocate joint profits in a real-effort team experiment. We find that using this incentive mechanism reduces team performance. More specifically, we show that...
277435449 Who benefits from child benefit?  
Governments, over much of the developed world, make significant financial transfers to parents with dependent children. For example, in the United States the recently introduced Child Tax Credit...
277435448 Negative publicity and Catholic schools.  
Between 1990 and 2007, the number of Catholic schools in the United States decreased by 14% and enrollment diminished by 7%. We generate two measures of publicity of sexual abuse at the diocesan...
277435447 Comparing the effectiveness of regulation and pro-social emotions to enhance cooperation: experimental evidence from fishing communities in Colombia.  
This paper presents the results from a series of framed field experiments conducted in fishing communities off the Caribbean coast of Colombia. The goal is to investigate the relative...
277435446 Research universities and regional high-tech firm start-up and exit.  
If localized knowledge spillovers are present in the university setting, higher rates of both start-up and/or survival would be observed in areas that are geographically proximate to the...
277435445 Employers' on-line recruitment and screening practices.  
We find that not all employers use on-line search tools when they post their vacancies on on-line job boards, even though the tools that are offered by the job boards are free and purportedly...
277435444 Human capital and interethnic marriage decisions.  
Common explanations for the generally negative relationship between education and ethnic endogamy include (1) education makes immigrants and their children better able to adapt to native culture...
277435443 The impact of immigration on child health: experimental evidence from a migration lottery program.  
This paper uses a unique survey designed by the authors to compare migrant children who enter New Zealand through a random ballot with children in the home country of Tonga whose families were...
277435442 An economic analysis of identity and career choice.  
Standard economic models tend to be more specific about pecuniary payoffs than nonpecuniary payoffs to education. Based on the ideas of Akerlof and Kranton, we consider a model of career choice...
277435441 Should we get married? The effect of parents' marriage on out-of-wedlock children.  
Using a representative sample of children all born to unwed parents drawn from the Fragile Families and Child Wellbeing Study and a potential outcome approach to account for self-selection into...
277435440 Reputation and earnings: the roles of quality and quantity in academe.  
We examine the determinants of professional reputation. Does quantity of exposures raise reputation independent of quality? Does quality of the most important exposure have extra effects on...
269530963 2010 Editor's report.  
269530962 Sell local! The next logical step.  
269530961 The impact of AIDS on income and human capital.  
This paper studies the impact of HIV/AIDS on per capita income and education. It explores two channels on how HIV/AIDS affects income that have not been sufficiently stressed by previous...
269530960 Possibility of dying as a unified explanation of why we discount the future, get weaker with age, and display risk-aversion.  
I formulate a simple and parsimonious evolutionary model that shows that because most species face a possibility of dying because of external factors, called extrinsic mortality in the biology...
269530959 Fiddling with value: violins as an investment?  
This paper measures the returns to investing in violins, using two different datasets. One dataset includes 337 observations on repeat sales of the same violins at auction and at dealer sales...
269530958 Patent pool formation and scope of patents.  
Basic innovations are often fundamental to the development of applications that may be developed by other innovators. In this setting, we investigate whether patent pools can rectify the lack of...
269530957 Do mergers really reduce costs? Evidence from hospitals.  
In this paper, we compare potential and realized cost savings from hospital mergers. Our approach isolates changes in realized cost savings due to different output mixes from systematic changes...
269530956 Cheating in contests.  
Wherever competition is used to motivate a desirable activity or productive effort it may also motivate undesirable and therefore prohibited behavior--that is, cheating--that the organizer of...
269530955 Military spending and the growth-maximizing allocation of public capital: a cross-country empirical analysis.  
In this paper we present an endogenous growth model to analyze the growth maximizing allocation of public investment among N different types of public capital. Using this general model of public...
269530954 Economies of scale in the household: puzzles and patterns from the American past.  
Estimates of household economies of scale are critical for measuring income and living standards, yet we know little about how these scale economies change over time. I use American...
269530953 A comparative analysis of the nativity wealth gap.  
We investigate the relative wealth position of immigrant households residing in Australia, Germany, and the United States. In Germany and the United States, wealth differentials stem from...
269530952 Risk-taking behavior in the presence of nonconvex asset dynamics.  
A growing literature on poverty traps emphasizes the links between multiple equilibria and risk avoidance. However, multiple equilibria may also foster risk-taking behavior by some pool" people....
269530951 Does Wal-Mart sell inferior goods?  
I estimate the aggregate income elasticity of Wal-Mart's and Target's revenues using quarterly data for 1997-2006. I find that Wal-Mart's revenues increase during bad times, whereas Target's...
269530950 Heterogeneous rates of time preference and the decision to smoke.  
Individuals with higher personal rates of time preference will be more likely to smoke. Although previous studies have found no evidence of a relationship between smoking and rates of time...
261386346 A silver lining? The connection between gasoline prices and obesity.  
I find evidence of a negative association between gasoline prices and body weight using a fixed effects model with several robustness checks. I also show that increases in gas prices are...
261386345 Why don't eligible firms claim hiring subsidies? The role of job duration.  
Only a small fraction of firms that hire disadvantaged workers claim the federal subsidies for which they qualify, namely, the Work Opportunity Tax Credit (WOTC) and Welfare-to-Work Tax Credit...
261386344 Affirmative action and the utilization of minority- and women-owned businesses in highway procurement.  
The Federal Highway Administration (FHWA) mandates states' use of affirmative action when awarding federally funded road construction projects. Here I document the effectiveness of this program...
261386343 Learning about new products: an empirical study of physicians' behavior.  
We develop and estimate a model of market demand for a new pharmaceutical, whose quality is learned through prescriptions by forward-looking physicians. We use a panel of antiulcer...
261386342 Implications of immigration policies for the U.S. farm sector and workforce.  
We develop a theoretical model using migration and trade theory to examine the effects of domestic and border enforcement policies on unauthorized workers and the U.S. agricultural sector. The...
261386341 The effect of education on cognitive ability.  
This paper analyzes whether schooling increases intelligence measured by intelligence quotient (IQ). We use a longitudinal dataset where the individuals have conducted IQ tests both at ages 10 and...
261386340 In high school and pregnant: the importance of educational and fertility expectations for subsequent outcomes.  
This study uses the High School and Beyond data (1980-1992) to examine the importance of educational and fertility expectations in explaining the achievement gap of adolescent mothers for over...
261386339 Retail redlining: are gasoline prices higher in poor and minority neighborhoods?  
This study uses new data on retail gasoline prices in three cities to provide evidence on the relationship between neighborhood characteristics and consumer prices. We find that prices do not...
261386338 Economics coursework and long-term behavior and experiences of college graduates in labor markets and personal finance.  
Using survey data from over 2,000 students who attended one of four large public universities in 1976, 1986, or 1996, we investigate the relationship between taking more coursework in economics,...
261386337 Optimal bail and the value of freedom: evidence from the Philadelphia bail experiment.  
This article performs a cost-benefit analysis to determine socially optimal bail levels for felony defendants. We consider jailing costs, the cost of lost freedom to incarcerated defendants, and...
261386336 Returns to field of study versus school quality: MBA selection on observed and unobserved heterogeneity.  
While a substantial literature has established returns to college major and to school quality, we offer the first such estimates for Master's of Business Administration (MBAs). To control for...
261386335 Flexible contracts and subjective well-being.  
Theory suggests that when workers choose between permanent and flexible contracts, their utility should tend to equalize across contract types. New estimates of job satisfaction show the critical...
261386333 Estimating time-varying bargaining power: a fishery application.  
We propose an unobserved-components-inspired approach m estimate time-varying bargaining power in bilateral bargaining frameworks. We apply the technique to an ex-vessel fish market that changed...
261386332 A simple model of optimal hate crime legislation.  
We present a simple model of the effects of hate crime legislation. We show that even if the direct harm to victims of hate crime is the same as for other crimes, because of other differences in...
261386331 Trend of subjects published in economics journals 1969-2007.  
We describe the evolution of subject areas published in economics over four decades and calculate the percentage of articles published in each Journal of Economic Literature (JEL) subject...
261386330 Is peer review in decline?  
Over the past decade, there has been a decline in the fraction of papers in top economics journals written by economists from the highest-ranked economics departments. This paper documents this...
254013075 The moral costs of nastiness.  
We introduce two variants of the one-shot joy-of-destruction minigame (mini-JOD). Two players are endowed with the same amount of money. They simultaneously decide whether or not to reduce the...
254013074 Do social preferences increase productivity? Field experimental evidence from fishermen in Toyama Bay.  
In addition to showing that student measures of social preference, a concern for outcomes achieved by other reference agents, are quite different from those obtained in the field with participants...