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作者:Ruh, Philippe; Staubli, Stefan
作者单位:University of Zurich; University of Calgary; Center for Economic & Policy Research (CEPR); IZA Institute Labor Economics; National Bureau of Economic Research
摘要:Most countries reduce disability insurance (DI) benefits for beneficiaries earning above a specified threshold. Such an earnings threshold generates a discontinuous increase in tax liability-a notch-and creates an incentive to keep earnings below the threshold. Exploiting such a notch in Austria, we provide transparent and credible identification of the effect of financial incentives on DI beneficiaries' earnings. Using rich administrative data, we document large and sharp bunching at the earn...
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作者:Rozema, Kyle; Schanzenbach, Max
作者单位:University of Chicago; Northwestern University
摘要:In response to high-profile cases of police misconduct, reformers are calling for greater use of civilian allegations in identifying potential problem officers. This paper applies an Empirical Bayes framework to data on civilian allegations and civil rights litigation in Chicago to assess the predictive value of civilian allegations for serious future misconduct. We find a strong relationship between allegations and future civil rights litigation, especially for the very worst officers. The wo...
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作者:Tuttle, Cody
作者单位:University System of Maryland; University of Maryland College Park
摘要:I estimate the effect of access to food stamps on criminal recidivism. In 1996, a federal welfare reform imposed a lifetime ban from food stamps on convicted drug felons. Florida modified this ban, restricting it to drug traffickers who commit their offense on or after August 23, 1996. I exploit this sharp cutoff in a regression discontinuity design and find that the ban increases recidivism among drug traffickers. The increase is driven by financially motivated crimes, suggesting that the cut...
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作者:Geruso, Michael; Layton, Timothy; Prinz, Daniel
作者单位:University of Texas System; University of Texas Austin; National Bureau of Economic Research; Harvard University; Harvard Medical School; Harvard University
摘要:We study insurers' use of prescription drug formularies to screen consumers in the ACA Health Insurance exchanges. We begin by showing that exchange risk adjustment and reinsurance succeed in neutralizing selection incentives for most, but not all, consumer types. A minority of consumers, identifiable by demand for particular classes of prescription drugs, are predictably unprofitable. We then show that contract features relating to these drugs are distorted in a manner consistent with multidi...
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作者:Myers, Erica
作者单位:University of Illinois System; University of Illinois Urbana-Champaign
摘要:This paper explores whether home buyers are attentive to energy costs. The cost-effectiveness of market-based pollution policies crucially depends on whether consumers are attentive to energy costs when purchasing energy-using durables. I exploit energy-cost variation from fuel-price changes in Massachusetts where there is significant overlap in the geographic and age distributions of oil-heated and gas-heated homes. The results strongly reject that home buyers are unresponsive to energy costs...
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作者:Parchet, Raphael
作者单位:Universita della Svizzera Italiana; Universita della Svizzera Italiana
摘要:The identification of strategic interactions among local governments is typically plagued by endogeneity problems. I exploit the fact that local jurisdictions located close to a state border have some neighbors in another state and instrument the tax rate of neighbor jurisdictions with the state-level tax rate of the neighboring state. I use this instrument to identify strategic personal income tax setting by local jurisdictions in Switzerland and find that tax rates are strategic substitutes....
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作者:Mittag, Nikolas
作者单位: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
摘要:Data linkage studies often document, but do not remedy, severe survey errors. To improve survey estimates despite restricted linked data access, this paper develops a convenient and general estimation method that combines public use data with conditional distribution parameters estimated from linked data. Analyses using linked SNAP data show that this method sharply improves estimates and consistently outperforms corrections that mainly rely on survey data. Yet, some univariate corrections per...
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作者:Chodorow-Reich, Gabriel
作者单位:Harvard University
摘要:A geographic cross-sectional fiscal spending multiplier measures the effect of an increase in spending in one region of a monetary union. Empirical studies of such multipliers have proliferated. 1 review this research and what the evidence implies for national multipliers. Based on an updated analysis of the ARRA and a survey of empirical studies, my preferred point estimate for a cross-sectional multiplier is 1.8. The paper also discusses conditions under which the cross-sectional multiplier ...
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作者:Marx, Benjamin M.; Turner, Lesley J.
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; University System of Maryland; University of Maryland College Park; National Bureau of Economic Research
摘要:We provide the first experimental evidence on the effect of student loans on educational attainment. Loan amounts listed in financial aid award letters (offers) do not alter students' choice sets but significantly affect borrowing. Students randomly receiving a nonzero offer were 40 percent more likely to borrow than those who received a $0 offer. Per additional borrower, loans increased by $4,000, GPA and completed credits increased by 30 percent, and transfers to four-year public colleges in...
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作者:Cornelissen, Thomas; Dustmann, Christian
作者单位:University of York - UK; University of London; University College London
摘要:We estimate the effects of receiving additional schooling before age five on cognitive and noncognitive outcomes, exploiting unique school entry rules in England that cause variation in the age at school entry and the effective length of the first school year, and combining survey data with administrative school records up to six years after exposure. We find significant effects on both cognitive and noncognitive outcomes at ages five and seven, particularly so for boys with a disadvantaged pa...