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作者:Kuruc, Kevin; Lopalo, Melissa; O'CoNNoR, Sean
作者单位:University of Texas System; University of Texas Austin; University of Oklahoma System; University of Oklahoma - Norman; Montana State University System; Montana State University Bozeman; Federal Housing Finance Agency
摘要:The climate economy literature has documented adverse effects of extreme temperatures on well-being through mechanisms such as mortality, productivity, and conflict. Impacts due simply to discomfort are less well understood. This paper investigates individuals' valuations of weather using a revealed preference approach. We first quantify the decline in attendance at Major League Baseball games on hot and cold days. Leveraging this finding coupled with the historically informed assumption of a ...
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作者:Sejas-portillo, Rodolfo; Moro, Mirko; Stowasser, Till
作者单位:University of London; London School Economics & Political Science; University of Stirling
摘要:Using British data on over 7 million residential property sales, we find that the simplified energy efficiency ( EE ) information leads to important market effects. UK legislation requires the use of an energy label that shows an EE rating score ( 1-100 ) mapped into arbitrary color-coded rating bands ( A-G). Applying a regression discontinuity design, we document significant price discontinuities at rating band thresholds, indicating heuristic thinking in the market. These price discontinuiti...
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作者:Fabregas, Raissa; Kremer, Michael; Lowes, Matthew; On, Robert; Zane, Giulia
作者单位:University of Texas System; University of Texas Austin; University of Chicago; National Bureau of Economic Research; CGIAR; International Water Management Institute (IWMI)
摘要:While some studies suggest mobile phone-based information programs change behavior; others find no effect. We evaluate six text message agricultural extension programs, collectively covering 128,000 farmers. A meta-analysis finds a 1.22-fold increase in the odds of adoption of recommended practices ( 95 percent CI: 1.16, 1.29). We cannot reject similar impacts across experiments. Impacts are increased by message repetition, but not by providing more granular information, using behavioral frami...
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作者:Card, David; Rothstein, Jesse; Yi, Moises
作者单位:University of California System; University of California Berkeley; University of California System; University of California Berkeley; University of California System; University of California Berkeley
摘要:We use linked employer-employee data to study the causal effects of location on earnings in the United States. We estimate a model with employer and employee effects, then aggregate to the commuting zone ( CZ ) level. Sorting across firms biases traditional movers designs. Our model accurately predicts earnings changes for CZ movers after accounting for firm sorting. Worker skills explain half of observed earnings differences across CZs; observable characteristics understate this. Industry com...
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作者:Stephens, Melvin, Jr.; Toohey, Desmond
作者单位:University of Michigan System; University of Michigan; National Bureau of Economic Research; U.S. Securities & Exchange Commission (SEC)
摘要:Prior research finds food expenditure decreases at retirement, which suggests households are inadequately saving. In contrast, other evidence shows that direct measures of food intake are unaffected by exiting the labor force. Using a wide array of data sources and methodologies, we find that food intake falls at retirement, including: declines in caloric and nutrient intake in cross-sectional datasets spanning 40 years, a decrease in caloric intake using longitudinal data, and a drop in a foo...
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作者:Cunningham, Jamein; Goodman-bacon, Andrew
作者单位:University of Texas System; University of Texas Austin; University of Texas System; University of Texas Austin; Federal Reserve System - USA; Federal Reserve Bank - Minneapolis
摘要:This paper evaluates the effects of the War on Poverty's legal services program ( LSP ) , which provided subsidized legal assistance to poor communities, focusing on divorce and welfare access. We use a difference-in-difference ( DiD ) research design based on the program's rollout from 1965 to 1975. We find temporary increases in the rate of new divorces and persistent increases in welfare participation, consistent with LSP activities. We find increases in nonmarital birth rates that stem fro...
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作者:Tricaud, Clemence
作者单位:University of California System; University of California Los Angeles; Centre for Economic Policy Research - UK
摘要:This paper provides new evidence on why municipalities are often reluctant to integrate. Exploiting a French reform that made intermunicipal cooperation mandatory, I find that municipalities forced to integrate experienced a large increase in construction, consistent with NIMBYism, explaining their resistance and that rural municipalities ended up with fewer local public services. I do not find the same effects for municipalities that had voluntarily integrated prior to the law, while both typ...
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作者:Bottan, Nicolas; Perez-truglia, Ricardo
作者单位:Cornell University; University of California System; University of California Los Angeles
摘要:Home price expectations play a central role in macroeconomics and finance. However, there is little direct evidence on their effect on market choices. We provide causal evidence using a large-scale, high- stakes field experiment in the United States. We sent letters about home price trends to 57,910 homeowners who listed their homes. These letters contained randomized information creating nondeceptive, exogenous variation in home price expectations. Consistent with economic theory, higher expe...
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作者:Chakrabarti, Anindya s.; Mahajan, Kanika; Tomar, Shekhar
作者单位:Indian Institute of Management (IIM System); Indian Institute of Management Ahmedabad; Ashoka University; Indian School of Business (ISB)
摘要:Firms are increasingly concerned about the resilience of their sales and sourcing decisions. Using administrative data, we show that a temporary disruption in trade due to state border closures in India led to a persistent trade collapse within the country-- interstate trade relative to intrastate remains five percent lower even six months after all restrictions were lifted. Reshoring explains this phenomenon as plants more dependent on interstate sales ( input-sourcing) shift from inter- to i...
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作者:Handley, Kyle; Kamal, Fariha; Monarch, Ryan
作者单位:University of California System; University of California San Diego; National Bureau of Economic Research; Syracuse University
摘要:We examine the impacts of the 2018-2019 US import tariff increases on US exports through the lens of supply chain linkages. Using 2016 confidential firm-trade linked data, we identify exporters who were importing products that eventually faced tariff increases to construct product-level exposure to import tariffs. We find that the most exposed products had lower exports in 2018-2019, with the largest effects in 2019. The decline in exports in 2019 is equivalent to an ad valorem tariff on US ex...