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作者：Catherine, Sylvain; Miller, Max; Sarin, Natasha
作者单位：University of Pennsylvania; University of Pennsylvania
摘要：More than a quarter of working-age households in the United States do not have sufficient savings to cover their expenditures after a month of unemployment. Recent proposals suggest giving workers early access to a small portion of their future Social Security benefits to finance their consumption during the COVID-19 pandemic. We empirically analyze their impact. Relying on data from the Survey of Consumer Finances, we build a measure of households' expected time to cash shortfall based on the...
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作者：Abraham, Katharine G.; Filiz-Ozbay, Emel; Ozbay, Erkut Y.; Turner, Lesley J.
作者单位：University System of Maryland; University of Maryland College Park; National Bureau of Economic Research; Vanderbilt University
摘要：Income-driven student loan repayment (IDR) plans provide protection against unaffordable loan payments and default by linking loan payments to borrower's earnings. Despite the advantages IDR would offer to many borrowers, take-up remains low. We use a survey experiment investigate how framing affects University of Maryland undergraduates' take-up of IDR in a set of hypothetical scenarios. Students are significantly more likely to choose IDR when the insurance aspects of IDR are emphasized and ...
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作者：Beshears, John; Choi, James J.; Harris, Christopher; Laibson, David; Madrian, Brigitte C.; Sakong, Jung
作者单位：Harvard University; National Bureau of Economic Research; Yale University; University of Cambridge; Brigham Young University; Federal Reserve System - USA; Federal Reserve Bank - Chicago
摘要：Previous research has shown that some people voluntarily use commitment contracts that restrict their own choice sets. We study how people divide money between two accounts: a liquid account that permits unrestricted withdrawals and a commitment account that is randomly assigned in a between-subject design to have either a 10% early withdrawal penalty, or a 20% early withdrawal penalty, or not to allow early withdrawals at all (i.e., an infinite penalty). When the liquid account and the commit...
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作者：Amuedo-Dorantes, Catalina; Arenas-Arroyo, Esther; Wang, Chunbei
作者单位：University of California System; University of California Merced; Vienna University of Economics & Business; University of Oklahoma System; University of Oklahoma - Norman
摘要：This paper identifies intermarriage (between non-citizens and citizens) as an important response mechanism to intensified immigration enforcement, particularly among Mexican non-citizens. Exploiting the temporal and geographic variation in the implementation of interior immigration enforcement from 2005 to 2017, we find that a one standard deviation increase in enforcement raises Mexican non-citizens likelihood of marrying a US. citizen by 3 to 7%. Both police-based and employment-based enforc...
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作者：Gemmo, Irina; Kubitza, Christian; Rothschild, Casey
作者单位：Swiss Federal Institutes of Technology Domain; ETH Zurich; University of Bonn; Wellesley College
摘要：We prove the existence of the constrained efficient Miyazaki (1977)-Wilson (1977)-Spence (1978) equilibrium in competitive markets with adverse selection when the distribution of unobservable types is continuous. Our existence proof applies under extremely general assumptions about individual preferences. When we restrict preferences to have the widely-used-in-the-selection-markets-literature quasilinear form, we characterize the properties of this equilibrium by developing a simple and comput...
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作者：Cage, Julia
作者单位：Centre for Economic Policy Research - UK
摘要：This paper investigates the impact of increased media competition on the quantity and quality of news provided and, ultimately, on political participation. I build a new county-level panel dataset of local newspaper presence, newspapers' number of journalists, costs and revenues and political turnout in France, from 1944 to 2014. I estimate the effect of newspaper entry by comparing counties that experience entry to similar counties in the same years that do not. Both sets of counties exhibit ...
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作者：Seg, Mariona
作者单位：Universite Paris Saclay
摘要：Vacancy is a common phenomenon across developed countries. Policymakers seek to reduce vacancy as it is seen as a challenge to housing affordability, especially in large cities. Taxing vacant housing is becoming a more popular tool among lawmakers, and yet this instrument has never been properly evaluated. This paper provides the first evaluation of a tax on vacant housing. First, I develop a model to understand the mechanisms of vacancy creation. Then, I use the quasi-experimental setting of ...
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作者：Adams-Prassl, Abi; Boneva, Teodora; Golin, Marta; Rauh, Christopher
作者单位：University of Oxford; University of Zurich; University of Cambridge
摘要：We present real time survey evidence from the UK, US and Germany showing that the immediate labor market impacts of Covid-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within countries, the impacts are highly unequal and exacerbate existing inequalities. Workers in alternative work arrangements and who can only do a small share of tasks from home are more likely to ...
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作者：Fullerton, Don; Ta, Chi L.
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; University of Illinois System; University of Illinois Urbana-Champaign; University of Illinois System; University of Illinois Urbana-Champaign
摘要：Improvements in energy efficiency reduce the cost of consuming services from household cars and appliances and can result in a positive rebound effect that offsets part of the direct energy savings. We use a general equilibrium model to derive analytical expressions that allow us to compare rebound effects from a costless technology shock (CTS) to those from a costly energy efficiency standard (EES). We decompose each total effect on the use of energy into a direct efficiency effect, direct re...
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作者：Hansen, Benjamin; Miller, Keaton; Weber, Caroline
作者单位：University of Oregon; National Bureau of Economic Research; University of Oregon; University of Washington; University of Washington Seattle
摘要：Marijuana is partially prohibited: though banned federally, it is available to 1 in 4 US. adults under state statutes. We measure the size of the interstate trade generated by state-level differences in legal status with a natural experiment: Oregon allowed stores to sell marijuana for recreational use on October 1. 2015, next to Washington where stores had been selling recreational marijuana since July 2014. Using administrative data covering the universe of Washington's sales and a differenc...
