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作者:Currarini, Sergio; Ursino, Giovanni; Chand, A. K. S.
作者单位:University of Leicester; Universita Ca Foscari Venezia; Catholic University of the Sacred Heart
摘要:We consider a situation in which a decision-maker gathers information from imperfectly informed experts, receiving coarse signals about a uniform state of the world. Private information is (conditionally) correlated across players, and communication is cheap talk. We show that with two experts correlation unambiguously tightens the conditions on preferences for a truth-telling equilibrium. However, with multiple experts the effect of correlation on the incentives to report information truthful...
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作者:Clark, Andrew E.; Doyle, Orla; Stancanelli, Elena
作者单位:University College Dublin; Paris School of Economics; Centre National de la Recherche Scientifique (CNRS)
摘要:A growing literature has concluded that terrorism affects the economy, yet less is known about its impact on individual welfare. This article estimates the impact of the 2013 Boston marathon bombing on well-being, exploiting representative daily data from the American Time Use Survey and Well-Being Supplement. Using a combined regression discontinuity and differences-in-differences design, with the 2012 Boston marathon as a counterfactual, we find an immediate reduction in well-being of a thir...
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作者:Carvalho, Jean-Paul; Dippel, Christian
作者单位:University of California System; University of California Irvine; University of California System; University of California Los Angeles; National Bureau of Economic Research
摘要:Emancipation of slaves in the 1830s transformed the political elites of the British Caribbean plantation islands. New elites were more accountable to the citizenry. We develop a theory in which two factors limit and possibly reverse the effect of this on political outcomes, with legislators: (i) 'stepping up' to pass extractive policies; and/or (ii) weakening democratic institutions. The theory is supported by an historical analysis of ten Caribbean plantation islands, based on original archiv...
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作者:Armand, Alex; Attanasio, Orazio; Carneiro, Pedro; Lechene, Valerie
作者单位:Universidade Nova de Lisboa; University of London; London School Economics & Political Science; Yale University; University of London; University College London; Norwegian School of Economics (NHH)
摘要:This article studies the differential effect of targeting cash transfers to men or women on household expenditure on non-durables. We study a policy intervention in the Republic of North Macedonia that offers cash transfers to poor households, conditional on having their children attending secondary school. The recipient is randomised across municipalities, with payments targeted to either the mother or the father of the child. Targeting transfers to women increases the expenditure share on fo...
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作者:Chen, Ting; Kung, James Kai-sing; Ma, Chicheng
作者单位:Hong Kong Baptist University; University of Hong Kong
摘要:China's civil examination system (keju), an incredibly long-lived institution, has a persistent impact on human capital outcomes today. Using the variation in the density of jinshi-the highest qualification-across 278 Chinese prefectures in the Ming-Qing period (c. 1368-1905) to proxy for this effect, we find that a doubling of jinshi per 10,000 population leads to an 8.5% increase in years of schooling in 2010. The persistent effect of keju can be attributed to a multitude of channels includi...
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作者:Dhillon, Amrita; Krishnan, Pramila; Patnam, Manasa; Perroni, Carlo
作者单位:University of Warwick; University of London; King's College London; University of Oxford; Center for Economic & Policy Research (CEPR); Leibniz Association; Ifo Institut; Institut Polytechnique de Paris; ENSAE Paris; Ecole Polytechnique
摘要:We look at the formation of new Indian states in 2001 to uncover the effects of political secession on the comparative economic performance of natural resource rich and natural resource poor areas. Resource rich constituencies fared comparatively worse within new states that inherited a relatively larger proportion of natural resources. We argue that these patterns reflect how political reorganisation affected the quality of state governance of natural resources. We describe a model of collusi...
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作者:Barth, Erling; Bryson, Alex; Dale-Olsen, Harald
作者单位:IZA Institute Labor Economics; University of London; University College London
摘要:We exploit changes in tax subsidies for union members in Norway to identify the effects of changes in firm-level union density on productivity and wages. Increased deductions in taxable income for union members led to higher membership rates and contributed to a lower decline in union membership rates over time in Norway. Accounting for selection effects and the potential endogeneity of unionisation, the results show that increasing union density at the firm level leads to a substantial increa...
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作者:Bassi, Marina; Meghir, Costas; Reynoso, Ana
作者单位:Yale University; National Bureau of Economic Research; Center for Economic & Policy Research (CEPR); The World Bank; University of Michigan System; University of Michigan
摘要:Improving school quality with limited resources is a key issue of policy. This article uses a randomised controlled trial (RCT) to estimate the effectiveness of guided instruction methods as implemented in under-performing schools in Chile. The intervention improved performance substantially, and equally for boys and girls. However, the effect is mainly accounted for by children from relatively higher-income backgrounds. Basing our study on the Classroom Assessment Scoring System (CLASS) instr...
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作者:Caria, A. Stefano; Fafchamps, Marcel
作者单位:University of Warwick; Stanford University
摘要:We investigate how individuals form social connections to access information. In our link formation game of one-way flows, the myopic best response is to link to the node with the highest informational reach, which depends on indirect links. This strategy leads to the efficient circle network. We find that myopic best response predicts the links that subjects form. However, some subjects target high-degree nodes instead, neglecting indirect connections. This reduces network efficiency. We obta...
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作者:Feng, Andy; Graetz, Georg
作者单位:Uppsala University
摘要:We analyse how job training requirements interact with engineering complexity in shaping firms' automation decisions. A model that distinguishes between a task's engineering complexity and its training requirements predicts that when two tasks are equally complex, firms automate the task that requires more training. Under plausible conditions this leads to job polarisation, and in particular to polarisation of employment by initial training requirements. US data provide empirical support for t...