NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
New NBER Research

20 August 2014

Patient Behavior Following Treatment for Heart Disease

Jesse Margolis, Jason Hockenberry, Michael Grossman, and Shin-Yi Chou find that heart disease patients who receive Coronary Artery Bypass Graft, an invasive procedure, are 12 percentage points more likely to quit smoking in the next year than ex ante similar patients who received Percutaneous Coronary Intervention, a less invasive procedure. This difference in post-procedure behavior helps to explain the difference in long-term outcomes for the two procedures.

19 August 2014

Corporate Taxes and Firm Borrowing

Francis Longstaff and Ilya Strebulaev study corporate income tax returns from 1926 through 2009 and find that changes in corporate leverage are directly related to changes in corporate tax rates for all but the smallest firms. Small firms facing financial constraints adapt more slowly than other firms to changes in tax incentives for leverage.

18 August 2014

Lead Exposure and Childhood Behavior

Jessica Wolpaw Reyes finds that early childhood lead exposure is associated with behavior problems as a child, pregnancy and aggression as a teen, and criminal behavior as a young adult.

15 August 2014

VA Health Insurance and Spousal Labor Supply

Melissa Boyle and Joanna Lahey analyze how the expansion of Veterans Administration (VA) health insurance affected labor supply of the beneficiaries of this expansion and their spouses. While total household labor supply declined as a result of reduced labor supply of the veterans who received new benefits, on average the labor supply of their spouses increased. This suggests that financial incentives dominate the complementarities of spousal leisure.
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