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作者:Kindermann, Fabian; Mayr, Lukas; Sachs, Dominik
作者单位:University of Regensburg; Centre for Economic Policy Research - UK; Tilburg University; University of Essex; University of Munich; Leibniz Association; Ifo Institut
摘要:The taxation of bequests can have a positive impact on the labor supply of heirs through wealth effects. This leads to an increase in labor income tax revenue on top of direct bequest tax revenue. We first show in a theoretical model that a simple back-of-the-envelope calculation, based on existing estimates for the reduction in earnings after wealth transfers, fails: the marginal propensity to earn out of unearned income is not a sufficient statistic for the calculation of this effect because...
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作者:Gelman, Michael; Kariv, Shachar; Shapiro, Matthew D.; Silverman, Dan; Tadelis, Steven
作者单位:Claremont Colleges; Claremont McKenna College; Claremont Graduate University; University of California System; University of California Berkeley; University of Michigan System; University of Michigan; Arizona State University; Arizona State University-Tempe; University of California System; University of California Berkeley; National Bureau of Economic Research
摘要:Using comprehensive account records, this paper examines how individuals adjusted spending and saving in response to a temporary drop in liquidity due to the 2013 U.S. government shutdown. The shutdown cut paychecks by 40% for affected employees, which was recovered within 2 weeks. Because the shutdown affected only the timing of payments, it provides a distinctive experiment allowing estimates of the response to a liquidity shock holding income constant. Spending dropped sharply, implying a n...
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作者:Gallego, Francisco A.; Malamud, Ofer; Pop-Eleches, Cristian
作者单位:Pontificia Universidad Catolica de Chile; Northwestern University; National Bureau of Economic Research; Leibniz Association; Ifo Institut; Columbia University
摘要:This paper explores the role of parental information and control on children's internet use in Chile. We designed and implemented a randomized experiment whereby 7700 parents were sent weekly SMSs messages that (i) provided specific information about their children's internet use, and/or (ii) offered assistance with the installation of parental control software. We find that providing parents with specific information changes parenting behavior and reduces children's internet use by 6-10%. Evi...
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作者:Albouy, David; Christensen, Peter; Sarmiento-Barbieri, Ignacio
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; National Bureau of Economic Research; University of Illinois System; University of Illinois Urbana-Champaign
摘要:Public goods may exhibit complementarities that are essential for determining their individual value. Our results indicate that improving safety near parks can turn them from public bads to goods. Ignoring complementarities may lead to i) undervaluing the potential value of public goods: ii) overestimating heterogeneity in preferences: and iii) understating the value of public goods to minority households. Recent reductions in crime have unlocked almost $7 billion in property value in Chicago,...
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作者:Gehring, Kai; Schneider, Stephan A.
作者单位:University of Zurich; Swiss Federal Institutes of Technology Domain; ETH Zurich; University of Zurich; Swiss Federal Institutes of Technology Domain; ETH Zurich
摘要:Although resources have been shown to influence secessionist conflicts in developing countries, their effect in established democracies has largely been neglected. We integrate regional resources and inter-regional transfers in a model of democratic secession, and show that relative regional income correlates positively with secessionist party success in a large panel of regions. To establish causality, our difference-in-differences and triple-differences designs exploit that Scotland and Wale...
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作者:Kellogg, Ryan
作者单位:University of Chicago; National Bureau of Economic Research
摘要:Output-based carbon regulations-such as fuel economy standards and the rate-based standards in the Clean Power Plan-create well-known incentives to inefficiently increase output. Similar distortions are created by attribute-based regulations. This paper demonstrates that, despite these distortions, output and attribute-based standards can always yield strictly greater expected welfare than flat emission standards given uncertainty in demand for output (or attributes), assuming locally constant...
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作者:Kolsrud, Jonas; Landais, Camille; Spinnewijn, Johannes
作者单位:University of London; London School Economics & Political Science; Stockholm University
摘要:This paper measures consumption expenditures using registry data on income and asset holdings in Sweden. We show how a registry-based measure complements traditional survey measures of consumption and can alleviate some critical limitations. We describe the construction of our measure, which builds on prior work and exploits the identity coming from the household budget constraint between consumption expenditures and income net of savings. We demonstrate the value of the registry-based measure...
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作者:Landais, Camille; Spinnewijn, Johannes
作者单位:University of London; London School Economics & Political Science
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作者:Gonzalez, Felipe
作者单位:Pontificia Universidad Catolica de Chile
摘要:Hundreds of thousands of high-school students skipped school during the 2011 student movement in Chile to protest and reform educational institutions. Using administrative data of daily school attendance I present causal evidence of complementarities in school skipping decisions within student networks in national protest days. Identification relies on partially overlapping networks and within school exposure to an inaugural college protest. A structural estimation of a coordination game with ...
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作者:Pikulina, Elena S.; Tergiman, Chloe
作者单位:University of British Columbia; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:Power-the ability to determine the outcomes of others-usually comes with various benefits: higher compensation, public recognition, etc. We develop a new game, the Power Game, to demonstrate that a substantial fraction of individuals enjoy the intrinsic value of power: they accept lower payoffs in exchange for power over others, without any benefits to themselves. These preferences exist independently of other components of decision rights, cannot be explained by social preferences and are not...