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作者：Bai, Ying
作者单位：Chinese University of Hong Kong; Chinese University of Hong Kong
摘要：This paper examines the causal effect of political legitimacy on stability, using the historical case of Imperial China. Chinese rulers ascribed their legitimacy to a heavenly mandate. Calamities like earthquakes were considered to be a sign of weakened approval, making quakes a proxy for a negative legitimacy shock. I use quake-induced minor shaking (i.e., strong enough to be felt, but too weak to cause material damage) to demonstrate that legitimacy shocks cause more conflicts. I examine whe...
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作者：Agneman, Gustav; Falco, Paolo; Joel, Exaud; Selejio, Onesmo
作者单位：Lund University; University of Copenhagen; University of Dar es Salaam; Lund University
摘要：Trusting behaviour is a cornerstone of cooperation and, hence, economic performance, not least in poorer communities where economic transactions often rely on informal agreements. But trusting behaviour is potentially costly since the counterpart may decide to defect. In this study, we investigate whether food scarcity influences the level of trusting behaviour in rural Tanzania by leveraging quasi-experimental variation in food supply induced by the harvest. Through a lab-in-the-field experim...
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作者：Marcucci, Andrea; Rohner, Dominic; Saia, Alessandro
作者单位：University of Bologna
摘要：Does democracy curb domestic political violence? To study this, we focus on the United Kingdom's Representation of the People Act of 1867-which is a critical juncture in the history of democratisation. Constructing a novel borough ('urban centre') level dataset on social conflict events and economic performance around the 1868 elections (the first elections where newly enfranchised citizens could vote), we exploit arguably exogenous variation in enfranchisement intensity. We find a strong and ...
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作者：Hensvik, Lena; Mueller, Dagmar; Skans, Oskar Nordstrom
作者单位：Uppsala University; Uppsala University; Research Institute of Industrial Economics (IFN); Uppsala University
摘要：Using Swedish economy-wide data, we examine the relationship between business-cycle conditions and the use of social contacts in the process where young workers are matched to their first real jobs. We measure social contacts acquired during paid work during high school, and we rely on interacted class-establishment fixed-effect models to isolate the effects of interest. One-third of post-graduation matches are formed at establishments where youths worked during their studies. Graduates are mu...
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作者：Casey, Katherine; Glennerster, Rachel; Miguel, Edward; Voors, Maarten
作者单位：Stanford University; National Bureau of Economic Research; University of Chicago; University of California System; University of California Berkeley; Wageningen University & Research
摘要：We evaluate the long-run effects of a decentralised approach to economic development called community-driven development-a prominent strategy for delivering foreign aid-by revisiting a randomised community-driven development program in Sierra Leone 11 years after launch. We estimate large persistent gains in local public goods and market activity, and modest positive effects on institutions. There is suggestive evidence that community-driven development may have slightly improved the communiti...
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作者：Bayer, Christian; Born, Benjamin; Luetticke, Ralph; Mueller, Gernot J.
作者单位：Eberhard Karls University of Tubingen; University of Bonn; Center for Economic & Policy Research (CEPR); Leibniz Association; Ifo Institut; IZA Institute Labor Economics; Frankfurt School Finance & Management; Leibniz Association; Ifo Institut; Eberhard Karls University of Tubingen
摘要：In response to the COVID-19 pandemic, large parts of the economy were locked down and, as a result, households' income risk rose sharply. At the same time, policy makers put forward the largest stimulus package in history. In the United States it amounted to $2 trillion, a quarter of which represented transfer payments to households. To the extent that such transfers were (i) announced in advance and (ii) conditional on recipients being unemployed, they mitigated income risk associated with th...
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作者：Eichner, Thomas; Kollenbach, Gilbert; Schopf, Mark
作者单位：Fern University Hagen; Fern University Hagen
摘要：In a Hotelling model with a climate coalition and a free-riding fringe, we compare demand-side and supply side climate policies aimed at keeping CO2 concentration below a ceiling equivalent to global warming of 2 degrees C. With the demand-side policy, the coalition caps its fuel demand. The corresponding allocation is intra-temporally distorted. With the supply-side policy, the coalition purchases deposits. The corresponding allocation is inter-temporally distorted and the fuel extraction pat...
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作者：Bertolotti, Fabio; Gavazza, Alessandro; Lanteri, Andrea
作者单位：University of London; London School Economics & Political Science; University of London; London School Economics & Political Science; Duke University
摘要：We study the role of new-product quality for the dynamics of durable-good expenditures around the Great Recession. We assemble a rich dataset on US new-car markets during 2004-12, combining data on transaction prices with detailed information about vehicles' technical characteristics. During the recession, a reallocation of expenditures away from high-quality new models accounts for a significant decline in the dispersion of expenditures. In turn, car manufacturers introduced new models of low...
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作者：Xu, Wenjian
作者单位：Shanghai Jiao Tong University; Shanghai Jiao Tong University
摘要：Over 8,000,000 jobs were lost in the Great Recession, creating widespread economic hardship. This paper documents a novel and robust empirical regularity that highly concentrated local labour markets experienced larger employment declines during the Great Recession. Through setting up a model with heterogeneous firms facing idiosyncratic productivity shocks, I show that firm size distribution summarised by the Herfindahl-Hirschman index plays a crucial role in the reallocation of workers, and ...
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作者：Bauer, Michal; Cahlikova, Jana; Chytilova, Julie; Roland, Gerard; Zelinsky, Tomas
作者单位：Charles University Prague; Czech Academy of Sciences; Economics Institute of the Czech Academy of Sciences; Czech Academy of Sciences; Economics Institute of the Czech Academy of Sciences; Charles University Prague; Czech Academy of Sciences; Economics Institute of the Czech Academy of Sciences; Czech Academy of Sciences; Economics Institute of the Czech Academy of Sciences; Charles University Prague; University of Bonn; Center for Economic & Policy Research (CEPR); University of California System; University of California Berkeley; National Bureau of Economic Research; Technical University Kosice; Durham University
摘要：Do members of a majority group systematically shift punishment onto innocent members of an ethnic minority? We introduce an experimental paradigm, punishing the scapegoat game, to measure how injustice affecting a member of one's own group shapes punishment of an unrelated bystander. When no harm is done, we find no evidence of discrimination against the ethnic minority (Roma people in Slovakia). In contrast, when a member of one's own group is harmed, the punishment 'passed' onto innocent ind...
