Accepted Papers

Ending Wasteful Year-End Spending: On Optimal Budget Rules in Organizations
Christoph Siemroth

Higher-Order Income Risk Over the Business Cycle
Christopher Busch and Alexander Ludwig

Financial Dollarization in Emerging Markets: An Insurance Arrangement
Husnu Dalgic

Entry Barriers and Growth: The Role of Endogenous Market Structure
Helu Jiang, Yu Zheng and Lijun Zhu

Prominence and Market Power: Asymmetric Oligopoly with Sequential Consumer Search
Makoto Hanazono and Noritaka Kudoh

Spousal Labor Supply, Caregiving, and the Value of Disability Insurance
Siha Lee

Monetary Policy Under Natural Disaster Shocks
Alessandro Cantelmo, Nikos Fatouros, Giovanni Melina, and Chris Papageorgiou

Intertemporal Consumption with Anticipating, Remembering, and Experiencing Selves
Sam Cosaert and Tom Potoms

Asset Diversification versus Climate Action
Christoph Hambel, Holger Kraft, and Frederick van der Ploeg

The Ins and Outs of Selling Houses: Understanding Housing-Market Volatility
L. Rachel Ngai and Kevin Daniel Sheedy

The Cost of Trade Disruptions at Different Stages of Development
Juan Carlos Conesa, Matthew Johnston Delventhal, Pau Pujolas and Gajendran Raveendranathan

Statistical Discrimination and Duration Dependence in a Semi-Structural Model
Ismail Baydur and Jianhuan Xu

Uncertainty, Long-Run, and Monetary Policy Risks in a Two-Country Macro Model
Kimberly A. Berg and Nelson C. Mark

Labor Market Institutions and Fertility
Nezih Guner, Ezgi Kaya and Virginia Sanchez-Marcos

Source Dependence in Effort Provision
Yiting Chen and Songfa Zhong

Inframarginal Travelers and Transportation Policy
Jonathan D. Hall

Trade Shocks and Higher-Order Earnings Risk in Local Labor Markets
Tomas Rodriguez Martinez and Ursula Mattioli Mello

Frictional Sorting: The Impacts of Dual Constraints on Mobility and Housing Supply in China
Wenquan Liang, Ran Song and Christopher Timmins

Corporate Earnings Announcements and Economic Activity
Mirela Sorina Miescu and Haroon Mumtaz

Asset-market Sentiments and Business-cycle Fluctuations
Xuewen Liu, Pengfei Wang and Sichuang Xu

Fighting Collusion: An Implementation Theory Approach
Helmuts Azacis and Peter Vida

2020 Klein Lecture - Investment and Subjective Uncertainty
Nicholas Bloom, Steven J. Davis, Lucia Foster, Scott Ohlmacher, and Itay Saporta-Eksten

Tort Liability and Unawareness
Surajeet Chalravarty, David Kelsey, and Joshua C. Teitelbaum

Household Debt and the Effects of Fiscal Policy
Sami Alpanda, Melissa Hyunji Song, and Sarah Zubairy

Splitting the Difference in Incomplete Information Bargaining: Theory and Widespread Evidence from the Field
Daniel Keniston, Bradley J. Larsen, Shengwu Li, J.J. Prescott, Bernardo S. Silveira, and Chuan Yu

A Model of Gross Capital Flows: Risk Sharing and Financial Frictions
Hyunju Lee

Add-on Pricing over Regional Business Cycles: Evidence from Extended Warranties
Branko Boskovic, Sacha Kapoor, Agnieszka Markiewicz and Barry Scholnick

Middlemen in Search Equilibrium with Intensive and Extensive Margins
Grace Xun Gong and Randall Wright

The Impact of a Large Depreciation on the Cost of Living of Rich and poor Consumers
Anatoli Colicev, Joris Hoste and Jozef Konings

Razor-Thin Mass Elections with High Turnout
David K. Levine and Cesar Martinelli

Sovereign Uncertainty
Edgar Silgado-Gomez

Mandatory Integration Agreements for Unemployed Job Seekers: A Randomized Controlled Field Experiment in Germany
Barbara Hofmann, Gesine Stephan, Arne Uhlendorff, and Gerard J. van den Berg

Health, Health Insurance, and Inequality
Chaoran Chen, Zhigang Feng and Jiaying Gu

Pensions, Income Taxes and Homeownership: A Cross-country Analysis
Hans Fehr, Maurice Hofmann, and George Kudrna

Inventories, Input Costs, and Productivity Gains from Trade Liberalizations
Armen Khederlarian and Shafaat Y. Khan

Ideal Default for Resolving Disputes Efficiently
Nejat Anbarci and Gorkem Celik

Unequal Peace
Ali Kamranzadeh and Charles Z. Zheng

Age Discontinuity and Nonemployment Benefit Policy Evaluation through the Lens of Job Search Theory
Bruno Decreuse and Guillaume Wilemme

The Unprecedented Fall in U.S. Revolving Credit
Gajendran Raveendranathan and Georgios Stefanidis

Macro Uncertainty, Unemployment Risk, and Consumption Dynamics
Joonseok Oh and Anna Rogantini Picco