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作者:Fontes, L. F.; Mrejen, M.; Rache, B.; Rocha, R.
作者单位:Insper; University of California System; University of California Los Angeles
摘要:This paper assesses the effects of adverse economic shocks on children's mental health. We rely on the Brazilian High-Risk Cohort Study for mental conditions, which provides an unprecedented array of data on psychopathology, life events, family medical history as well as parental behaviour and polygenic scores for mental disorders over a ten-year period. Our empirical strategy exploits parental job loss events over time in a difference-in-differences framework. We document that parental job lo...
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作者:Webb, Duncan
作者单位:Paris School of Economics; Paris School of Economics
摘要:Early-life circumstances are important determinants of long-run human capital and well-being outcomes. The first 1,000 days of life are often cited as a 'critical period' for child development, but this notion has rarely been directly tested. In a setting where children are potentially subject to shocks in every year of their childhood, I estimate the impact of early-life weather shocks on adult cognitive and socioemotional outcomes for individuals born in rural Indonesia between 1988 and 2000...
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作者:Chakraborty, Priyanka; Serra, Danila
作者单位:Texas A&M University System; Texas A&M University College Station; Texas A&M University System; Texas A&M University College Station
摘要:Decisions made by leaders please some people and upset others. We examine whether the possibility of backlash has a differential impact on men's and women's self-selection into leadership roles, and their decisions as leaders. In a laboratory experiment that simulates corporate decision-making, we find that women are significantly less likely to self-select into a leadership position when they can receive backlash. Once in a leadership role, women get more backlash. There are some gender diffe...
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作者:Piveteau, Paul; Smagghue, Gabriel
作者单位:Cornerstone Research; European Central Bank; Bank of France
摘要:We document that firms with low prices are more impacted by low-cost competition. To explain this pattern, we propose an empirical model of trade with random-coefficient demand and endogenous product quality. Unlike commonly used demand systems (e.g., constant elasticity of substitution, nested logit), this model generates rich substitution patterns and implies an 'escape-competition' effect: in response to low-cost competition, firms have an incentive to upgrade their product quality. The est...
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作者:Fisman, Raymond; Guriev, Sergei; Ioramashvili, Carolin; Plekhanov, Alexander
作者单位:Boston University; Boston University; Institut d'Etudes Politiques Paris (Sciences Po); University of Sussex; University of London; London School Economics & Political Science; European Bank of Reconstructon & Development
摘要:We empirically investigate the relationship between corruption and growth using a firm-level dataset that is unique in scale, covering almost 88,000 firms across 141 economies in 2006-20, with wide-ranging corruption experiences. The scale and detail of our data allow us to explore the corruption-growth relationship at a very local level, within industries in a relatively narrow geography. We report three empirical regularities. First, firms that make zero informal payments tend to grow slower...
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作者:Basak, Deepal
作者单位:Indiana University System; IU Kelley School of Business; Indiana University Bloomington; Indiana University System; Indiana University Bloomington
摘要:We consider a bargaining game in which both sides are uncertain about their opponent's commitment, which leads to delay and welfare loss in equilibrium. We address the following question: does ex ante better public information about a player improve expected social welfare? We show that if the information cannot turn the bargaining table (turns the weak bargainer into a strong one and vice versa), more information does not help. More information about a weak bargainer has zero impact, whereas ...