7506 Apr 2026

Youth Smoking in the U.S.: Prices and Policies - NBER

It analyzes why youth smoking rose sharply in the 1990s and evaluates the effectiveness of government policies to curb it. Youth Smoking in the U

The paper reveals that sovereign bonds have provided high returns (averaging 7% annually) that compensate for risks like default and war, outperforming corporate bonds and rivaling stocks over two centuries. Access: You can find the full text on SSRN . 2. Public Policy & Health (NBER Working Paper 7506) Youth Smoking in the U