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National Bureau of Economic Research Latest Working Papers during the week of February 06, 2017

The following NBER Working Papers were released in electronic format this week. Abbreviations in parentheses refer to NBER Research Programs. (visit http://www.nber.org/programs for Program information.)

1.  Re-examining the Middle-Income Trap Hypothesis (MITH): What to Reject and What to Revive? by Xuehui Han, Shang-Jin Wei #23126 (DEV) http://papers.nber.org/papers/w23126?utm_campaign=ntw&utm_medium=email&utm_source=ntw

2.  Immigration Restrictions as Active Labor Market Policy: Evidence from the Mexican Bracero Exclusion by Michael A. Clemens, Ethan G. Lewis, Hannah M. Postel #23125 (DAE LS) http://papers.nber.org/papers/w23125?utm_campaign=ntw&utm_medium=email&utm_source=ntw

3.  The Recent Growth Boom in Developing Economies: A Structural Change Perspective by Xinshen Diao, Margaret McMillan, Dani Rodrik #23132 (DEV EFG PR) http://papers.nber.org/papers/w23132?utm_campaign=ntw&utm_medium=email&utm_source=ntw

4.  Social Ties and Favoritism in Chinese Science by Raymond Fisman, Jing Shi, Yongxiang Wang, Rong Xu #23130 (DEV LS POL) http://papers.nber.org/papers/w23130?utm_campaign=ntw&utm_medium=email&utm_source=ntw

5.  On the Global Financial Market Integration “Swoosh” and the Trilemma by Geert Bekaert, Arnaud Mehl #23124 (AP IFM) http://papers.nber.org/papers/w23124?utm_campaign=ntw&utm_medium=email&utm_source=ntw

6.  The Global Rise of Corporate Saving by Peter Chen, Loukas Karabarbounis, Brent Neiman #23133 ( CF EFG IFM)

7.  The Anatomy of Sentiment-Driven Fluctuations by Sushant Acharya, Jess Benhabib, Zhen Huo #23136 (EFG)

8.  Who Becomes a Politician? by Ernesto Dal Bo, Frederico Finan, Olle Folke, Torsten Persson, Johanna Rickne  #23120 (DEV PE POL) http://papers.nber.org/papers/w23120?utm_campaign=ntw&utm_medium=email&utm_source=ntw

9.  Global Inequality Dynamics: New Findings from WID.world by Facundo Alvaredo, Lucas Chancel, Thomas Piketty, Emmanuel Saez, Gabriel Zucman #23119 (PE) http://papers.nber.org/papers/w23119?utm_campaign=ntw&utm_medium=email&utm_source=ntw

10.  When No Bad Deed Goes Punished: Relational Contracting in Ghana versus the UK by Elwyn Davies, Marcel Fafchamps #23123 (DEV LS) http://papers.nber.org/papers/w23123?utm_campaign=ntw&utm_medium=email&utm_source=ntw

11.  Exchange Arrangements Entering the 21st Century: Which Anchor Will Hold? by Ethan Ilzetzki, Carmen M. Reinhart, Kenneth S. Rogoff #23134 (IFM ME) http://papers.nber.org/papers/w23134?utm_campaign=ntw&utm_medium=email&utm_source=ntw

12.  Decomposing Medical-Care Expenditure Growth by Abe Dunn, Eli B. Liebman, Adam Shapiro #23117 (HC HE)

13.  Immigration and the Rise of American  Ingenuity by Ufuk Akcigit, John Grigsby, Tom Nicholas #23137 (EFG PR) http://papers.nber.org/papers/w23137?utm_campaign=ntw&utm_medium=email&utm_source=ntw

14.  Land Misallocation and Productivity by Diego Restuccia, Raul Santaeulalia-Llopis #23128 (DEV EFG PR)

15.  Capital Misallocation: Frictions or Distortions? by Joel M. David, Venky Venkateswaran #23129 (EFG PR)

16.  Rents, Technical Change, and Risk Premia: Accounting for Secular Trends in Interest Rates, Returns on Capital, Earning Yields, and Factor Shares by Ricardo J. Caballero, Emmanuel Farhi, Pierre-Olivier Gourinchas #23127 (EFG) http://papers.nber.org/papers/w23127?utm_campaign=ntw&utm_medium=email&utm_source=ntw

17.  Keepin’ ’em Down on the Farm: Migration and Strategic Investment in Children’s Schooling by Robert Jensen, Nolan H. Miller #23122 (CH DEV ED LS) http://papers.nber.org/papers/w23122?utm_campaign=ntw&utm_medium=email&utm_source=ntw

18.  The Country Chronologies to Exchange Rate Arrangements into the 21st Century: Will the Anchor Currency Hold? by Ethan Ilzetzki, Carmen M. Reinhart, Kenneth S. Rogoff #23135 (IFM ME) http://papers.nber.org/papers/w23135?utm_campaign=ntw&utm_medium=email&utm_source=ntw

19.  Assessing Managerial Ability: Implications for Corporate Governance by Benjamin Hermalin, Michael Weisbach #23121 (CF IO LE) http://papers.nber.org/papers/w23121?utm_campaign=ntw&utm_medium=email&utm_source=ntw

20.  Antitrust Treatment of Nonprofits: Should Hospitals Receive Special Care? by Cory Capps, Dennis W. Carlton, Guy David #23131 (HC HE IO) http://papers.nber.org/papers/w23131?utm_campaign=ntw&utm_medium=email&utm_source=ntw

21.  Measuring Loan Outcomes at Postsecondary Institutions: Cohort Repayment Rates as an Indicator of Student Success and Institutional Accountability by Tiffany Chou, Adam Looney, Tara Watson #23118 (CH ED LS PE) http://papers.nber.org/papers/w23118?utm_campaign=ntw&utm_medium=email&utm_source=ntw


Courtesy: NBER

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