-
作者:Piemontese, Lavinia
作者单位:Bocconi University
摘要:I propose a new approach to quantify the economic cost of hidden economies and apply it to the case of mafia extortion in Northern Italy. To quantify the extortion rate, unobserved in the data, I first show that extortion racketeering is linked to resource misallocation. Then, I implement a structural estimation based on matching the observed misallocation in markets defined as mafia-infiltrated, with that predicted from a model whose parameters are estimated using data on non-mafia markets or...
-
作者:Adhvaryu, Achyuta; Nyshadham, Anant; Xu, Huayu
作者单位:University of California System; University of California San Diego; National Bureau of Economic Research; National Bureau of Economic Research; University of Michigan System; University of Michigan; Peking University; Peking University
摘要:We report impacts of a randomized housing quality improvement intervention among Indian migrant workers. Despite modest improvements in conditions, respondents experienced a decline in satisfaction and a large in-crease in psychological distress as a result of treatment. In contrast, residents who faced the same treatment -induced variation in living conditions as the original sample, but who arrived after treatment had already been initiated, had increased satisfaction. Impacts on turnover ec...
-
作者:Cerruti, Davide; Daminato, Claudio; Filippini, Massimo
作者单位:Swiss Federal Institutes of Technology Domain; ETH Zurich; Lund University; Universita della Svizzera Italiana
摘要:Isolating the role of limited knowledge, psychological frictions and policy characteristics is key when evaluating a public program and designing future policies. We document limited awareness about the presence of fiscal incentives towards fuel efficient vehicles. Exploiting a direct measure of awareness at the individual level, we find vehicle choices response heterogeneity to these fiscal incentives between aware and unaware individuals. To estimate the effect of awareness, we leverage a fi...
-
作者:Lu, Bing; Ma, Hong
作者单位:Beijing Normal University; Tsinghua University
摘要:Changes in Value-Added Tax (VAT) rebate rates affect exports. This paper shows, when financially strapped, the timely and efficient allocation of rebates becomes essential. Using a unique panel of Chinese firms with export and rebates information, we show that delay in rebates has negative but unequal effects on firm exports. Delays in rebates also cause more exit and reduce the product scope. Furthermore, we find a Matthew effectin allocating rebates: exporters with tighter financial constrai...
-
作者:Devdariani, Saba; V. Hirsch, Alexander
作者单位:University of Chicago; California Institute of Technology
摘要:What sorts of policy decisions do voters pay attention to, and why? And how does rational voter attention affect the behavior of politicians in office? We extend the Canes-Wrone et al. (2001) model of electoral accountability to allow the voter to choose when to pay costly attention to learn the consequences of the incumbent's policy. We find that the voter will pay the most attention in close races, when the instrumental value of information about incumbent performance is greatest. When the v...
-
作者:Mongrain, Steeve; Oh, David; van Ypersele, Tanguy
作者单位:Simon Fraser University; Aix-Marseille Universite; Centre National de la Recherche Scientifique (CNRS)
摘要:The popular view is that governments should crack down on tax avoidance by multinational corpora-tions, but in practice, lax anti-profit-shifting policies are common. Here, we analyze how controlling profit shifting influences fiscal competition. Equilibrium tax rates are determined by the elasticities of two components: retained profit and capital mobility. Anti-profit-shifting policies decrease the elasticity of the first, but increase the elasticity of the second. The impact of these polici...
-
作者:Falk, Armin; Kosse, Fabian; Schildberg-Hoerisch, Hannah; Zimmermann, Florian
作者单位:University of Bonn; University of Bonn; University of Wurzburg; Heinrich Heine University Dusseldorf; Max Planck Society
摘要:This study presents evidence on the role of the social environment in shaping the accuracy of self -assessment. We introduce a new measurement tool to elicit children's accuracy of self-assessment. We use this tool to show that children from high SES families are more accurate in their self-assessment, compared to children from low SES families. We then exploit exogenous variation of participation in a mentoring program designed to enrich the social environment of children. The mentoring progr...
-
作者:Agrawal, David R.; Shybalkina, Iuliia
作者单位:University of Kentucky; University of Kentucky
摘要:What is the effect of e-commerce on the geographic distribution of local sales tax revenues? Using COVID-19 as a shock to online shopping and hand-collected high-frequency data on local sales tax rev-enue, we document an important shift in the state and local public finance landscape. As e-commerce increases, a destination basis for remote sales taxes results in higher growth in local sales tax collections in smaller, generally more rural jurisdictions. This increase comes at the expense of la...
-
作者:Chen, Feng; Harris, Douglas N.
作者单位:Liaoning University; Tulane University
摘要:We study the total, market-level effects of charter schools, and their mechanisms, on a national level and across multiple outcomes. Using a generalized difference-in-differences method, we find that increasing the charter market share by 10 percentage points increases math and ELA elementary/middle test scores of the entire geographic district in which they locate by 0.01 standard deviations and increases the high school graduation rate by 1-2 percentage points. The effects are concentrated i...
-
作者:Lergetporer, Philipp; Woessmann, Ludger
作者单位:Leibniz Association; Ifo Institut; Technical University of Munich; IZA Institute Labor Economics; University of Munich; Leibniz Association; Ifo Institut; Stanford University; IZA Institute Labor Economics; Leibniz Association; Ifo Institut
摘要:Higher education finance depends on the public's preferences for charging tuition, which may be partly based on beliefs and awareness about the university earnings premium. To test whether public support for tuition depends on earnings information, we devise survey experiments in representative samples of the German electorate (N > 15,000). The electorate is divided, with a plurality opposing tuition. Providing information on the university earnings premium raises support for tuition by 7 perc...