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作者：Hampton, Matt; Totty, Evan
作者单位：Austin Peay State University
摘要：We find that minimum wage increases lead to increased employment for low-wage, retirement-age individuals using survey data linked to several decades of individual-level IRS and SSA data. Own-wage elasticity estimates of the employment effect are larger than normal for the minimum wage literature but are consistent with recent evidence on labor supply effects of minimum wages and life-cycle models of labor supply. We also find evidence of delayed permanent employment exit and delayed retiremen...
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作者：Gallen, Yana; Wasserman, Melanie
作者单位：University of Chicago; University of California System; University of California Los Angeles; Aarhus University
摘要：It is common for mentorship programs to use race, gender, and nationality to match mentors and men -tees. Despite the popularity of these programs, there is little evidence on whether mentees value mentors with shared traits. Using novel administrative data from an online college mentoring platform connecting students and alumni, we document that female students indeed disproportionately reach out to female mentors. We investigate whether female students make costly trade-offs in order to acce...
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作者：Canedo, Ana P.; Fabregas, Raissa; Gupta, Prankur
作者单位：University of Texas System; University of Texas Austin; University of Texas System; University of Texas Austin
摘要：We study the effects of a sizeable ($526 PPP) one-time-only emergency cash transfer targeted at self-employed, sub-employed, and informal sector workers during the COVID-19 pandemic. The transfers were processed on a first-come, first-served basis until program funds were depleted, creating a plausible source of exogenous variation in program participation. Combining this discontinuity with a purpose-built phone survey, we find substantial positive effects on measures of food security and psyc...
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作者：Mahmoudi, Samir Elsadek
作者单位：University System of Georgia; Georgia State University
摘要：In response to unemployment shocks, older workers deplete their 401(k)s, particularly after the waiving of the early withdrawal penalty on unemployment-motivated withdrawals at age 55. This paper shows that unemployment insurance keeps older workers from depleting their 401(k) assets following job losses. Unemployment insurance also incentivizes older unemployed workers to delay claiming their Social Security benefits beyond the earliest age of eligibility, 62. Overall, unemployment insurance ...
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作者：Kawamura, Kohei; Quement, Mark T. Le
作者单位：Waseda University; University of East Anglia
摘要：We examine a model of dynamic communication by a media outlet. In each period, the uninformed public can consult the outlet's report at a cost. The outlet, which is primarily driven by profit maximization, has an incentive to induce uncertainty in order to encourage future consultation and thereby generate revenue. In an intermediate cost range, the public and the outlet may be worse off with a cheaper cost of access since it leads the outlet to distort information more, by making the public's...
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作者：Cohn, Alain; Jessen, Lasse J.; Klasnja, Marko; Smeets, Paul
作者单位：University of Michigan System; University of Michigan; University of Kiel; Georgetown University; University of Amsterdam
摘要：We examine the attitudes of the wealthy towards government redistribution using a large and diverse sample of individuals from the top 5% of the income and wealth distribution in the U.S., as well as the remaining 95%. Three results stand out: (1) wealthy Americans have distinct fairness preferences, with a greater willingness to accept inequalities relative to the general public, (2) individuals who self-report having experienced upward social mobility and became first-generation wealthy are ...
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作者：Sabety, Adrienne
作者单位：Stanford University
摘要：Many interactions between buyers and sellers occur in the context of relationships. In healthcare markets, the patient-primary care physician (PCP) relationship is one common example. I provide evidence that patient-PCP relationships are valued by patients and are good for patients' health. In response to an exogenous loss of a longstanding PCP, adverse events increase: patient mortality increases by 4%, emergency department visits in-crease by 4%, and hospital admissions increase by 3%. Adver...
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作者：Derby, Elena; Mackie, Kathleen; Mortenson, Jacob
摘要：This paper provides comprehensive estimates of the savings effects of automatically enrolling employees in retirement plans. We use administrative U.S. tax data to measure the retirement savings of employees (and their spouses) at 745 firms. Consistent with prior findings, we estimate that automatic enrollment increases participation in the year after hire by 86 percent and retirement plan contributions by 51 percent. However, we also find employees are 33 percent more likely to take a non-rol...
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作者：Clark, Damon
作者单位：University of California System; University of California Irvine; National Bureau of Economic Research
摘要：What is the causal effect of schooling on subsequent labor market outcomes? In this paper I contribute evidence on this question by re-examining a British compulsory schooling reform that yields large-scale and quasi-experimental variation in schooling. First, I note that this reform was introduced in 1947, when British students attended higher-track (for the top 20%) or lower-track (for the rest) secondary schools. The reform increased the minimum school leaving age from 14 to 15 and I show t...
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作者：Hoxie, Philip G.; Shoag, Daniel; Veuger, Stan
作者单位：University of California System; University of California San Diego; University System of Ohio; Case Western Reserve University; University System of Ohio; Case Western Reserve University; Harvard University
摘要：Have workers stopped moving to the highest-density, highest-productivity places in the country because of a decline in the urban wage premium, or because the rent is too high? We analyze how important these two explanations are by studying them in one and the same empirical analysis. We find that non-college workers now effectively face a housing-inclusive urban wage penalty, while workers with college education continue to face a significant urban wage premium. We relate these findings to the...
