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作者：Gould, Eric D.
作者单位：Hebrew University of Jerusalem
摘要：This article investigates whether the increasing residual wage inequality' trend, which is responsible for most of the wage inequality phenomenon, is related to manufacturing decline and the influx of low-skilled immigrants. The analysis exploits variation across locations in the United States, and shows that a shrinking manufacturing sector increases inequality. This effect strengthens with an influx of low-skilled immigrants. Similar results are found for the increasing return to education a...
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作者：Ali, Merima; Fjeldstad, Odd-Helge; Jiang, Boqian; Shifa, Abdulaziz B.
作者单位：Syracuse University; University of Pretoria
摘要：African colonial history suggests that British colonial rule may have undermined state centralisation due to legacies of ethnic segregation and stronger executive constraints. Using micro-data from anglophone and francophone countries in sub-Saharan Africa, we find that anglophone citizens are less likely to identify themselves in national terms (relative to ethnic terms). To address endogeneity concerns, we utilise regression discontinuity by focusing on observations near anglophone-francopho...
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作者：Bigoni, Maria; Bortolotti, Stefania; Casari, Marco; Gambetta, Diego
作者单位：University of Bologna; IZA Institute Labor Economics; Max Planck Society; European University Institute; University of Oxford
摘要：The sharp gap in development between the North and the South of Italy represents a paradigmatic case of persistent within-country disparities. The evidence suggests that this gap could depend on a difference in the ability to cooperate. We investigate experimentally three possible sources of this difference, and find that Northerners and Southerners share the same pro-social preferences, but differ both in their belief about cooperativeness and in the aversion to social risk, respectively, mor...
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作者：Sargent, Thomas J.
作者单位：New York University
摘要：A government defines a dollar as a list of quantities of one or more precious metals. If issued in limited amounts, token money is a perfect substitute for precious metal money. Atemporal equilibrium conditions determine how quantities of precious metals and token monies affect an equilibrium price level. Within limits, a government can peg the relative price of two precious metals, confirming Fisher's (1911) response to a classic criticism of bimetallism. Monometallism dominates bimetallism a...
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作者：Spulber, Daniel F.
作者单位：Northwestern University
摘要：The analysis provides conditions under which standard setting organisations (SSOs) choose efficient technology standards. I introduce a two-stage game with both voting and market competition. In equilibrium, standards and market outcomes are efficient even with market power from scarce capacity and standard essential patents (SEPs). I show that a drastic innovation with SEPs generates greater social welfare than a less efficient standard without SEPs. A key finding is that voting power and mar...
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作者：Antler, Yair
作者单位：University of Essex
摘要：A decision-maker wishes to fill a vacancy with a fixed wage. Candidates who are more valuable to the decision maker are less likely to be available. The candidates suffer a disutility from filling the position when they are ranked low on the decision-maker's preference list. However, the decision-maker's preferences are his private information. Therefore, the candidates infer the decision-maker's preference list from information revealed by the number of failed offers. I explore the adverse ef...
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作者：Estevan, Fernanda; Gall, Thomas; Morin, Louis-Philippe
作者单位：Getulio Vargas Foundation; University of Southampton; University of Ottawa
摘要：We examine an innovative affirmative action policy at UNICAMP, a large and highly ranked Brazilian university, designed to enhance access for disadvantaged (public high school) applicants. The university awarded bonus points to targeted applicants in their admission exam. We assess the effect of this policy on the composition of admitted students and investigate possible behavioural responses in terms of examination preparation effort. We find that the policy significantly increased the admiss...
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作者：Heinen, Andreas; Khadan, Jeetendra; Strobl, Eric
作者单位：CY Cergy Paris Universite; Inter-American Development Bank; University of Bern
摘要：We examine the impact of extreme weather on consumer prices in developing countries by constructing a monthly data set of potential hurricane and flood destruction indices and linking these with consumer price data for 15 Caribbean islands. Our econometric model shows that the price impact of extreme weather events can be large. To illustrate potential welfare losses due to these price effects, we combine our estimates with price elasticities obtained from a demand system and with event probab...
