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作者:Lafortune, Julien; Schonholzer, David
作者单位:Stockholm University
摘要:We study school facility investments using administrative records from Los Angeles. Exploiting quasi-random variation in the timing of new facility openings and using a residential assignment instrument, we find positive impacts on test scores, attendance, and house prices. Effects are not driven by changes in class size, peers, teachers, or principals, but some evidence points toward increased facility quality. We evaluate program efficiency using implied future earnings and housing capitaliz...
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作者:Meier, Armando N.
作者单位:University of Lausanne; University of Basel
摘要:Previous work has shown that preferences are not always stable across time, but surprisingly little is known about the reasons for this instability. I examine whether variation in people's emotions over time predicts changes in risk attitudes. Using a large-panel data-set, I identify happiness, anger, and fear as significant correlates of within-person changes in risk attitudes. Robustness checks indicate a limited role for alternative explanations. An event study around the death of a parent ...
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作者:Silliman, Mikko; Virtanen, Hanna
作者单位:Harvard University
摘要:We study labor market returns to vocational versus general secondary education using a regression discontinuity design created by the centralized admissions process in Finland. Admission to the vocational track increases initial annual income, and this benefit persists at least through the mid-thirties, and present discount value calculations suggest that it is unlikely that life cycle returns will turn negative through retirement. Moreover, admission to the vocational track does not increase ...
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作者:Cutler, David M.; Miller, Grant
作者单位:Harvard University; Stanford University
摘要:We address points raised by Anderson, Charles, and Rees (2022b), which comments on our prior work. After correcting unambiguous data mistakes, our revised estimates suggest that municipal water disinfection (filtration) explains 38 percent of the total mortality rate decline in our sample cities and years-a result not very different from our original estimate of 43 percent. However, effects on infant mortality rates are smaller than in our original analysis. Much of the difference between thei...
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作者:Barrios-Fernandez, Andres
作者单位:VATT Institute for Economic Research
摘要:This paper combines detailed geographic information and individual educational records in Chile to provide causal evidence that close neighbors significantly influence enrollment in university. I exploit the quasi-random variation generated by student loans eligibility rules and find that potential applicants are significantly more likely to attend and complete university when their closest neighbor-defined as the closest individual applying to university one year before-becomes eligible for a...
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作者:Berman, Yonatan
作者单位:University of London; King's College London
摘要:This paper combines cross-sectional and longitudinal income data to present the evolution of absolute intergenerational income mobility in ten advanced economies in the twentieth century. Absolute mobility decreased during the second half of the twentieth century in all of these countries. Increasing income inequality and decreasing growth rates have both contributed to the decrease, yet growth is the dominant contributor in most countries. We show that detailed panel data are effectively unne...
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作者:Collins, William J.; Wanamaker, Marianne H.
作者单位:Vanderbilt University; National Bureau of Economic Research; University of Tennessee System; University of Tennessee Knoxville; Stellenbosch University; IZA Institute Labor Economics
摘要:We document the intergenerational mobility of Black and White American men from 1880 through 2000 by building new historical datasets for the late nineteenth and early twentieth century and combining them with modern data to cover the middle and late twentieth century. We find large disparities in mobility, with White children having far better chances of escaping the bottom of the distribution than Black children in every generation. This mobility gap was more important in proximately determi...
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作者:Akerman, Anders; Leuven, Edwin; Mogstad, Magne
作者单位:Stockholm University; University of Oslo; Statistics Norway; Centre for Economic Policy Research - UK; University of Chicago; National Bureau of Economic Research
摘要:We examine how the adoption of information communication technology affects bilateral trade. The context is a public program in Norway that rolled out broadband access points leading to plausibly exogenous variation in the availability and adoption of broadband by firms. We find that broadband makes trade patterns more sensitive to distance and economic size. These results are consistent with a model of trade with variable elasticity of demand. The model predicts that adoption of a technology ...
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作者:Wissmann, Daniel
作者单位:University of Munich
摘要:Using the staggered introduction of smoking bans in the German hospitality industry over 2007-2008, I find a robust 2.4 percent decline in the daily earnings of workers in bars and restaurants associated with the most comprehensive smoking ban. This effect is unlikely to be driven by a decline in hospitality revenues or hours worked but is consistent with a simple model of compensating differentials.
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作者:Blanchet, Thomas; Chancel, Lucas; Gethin, Amory
作者单位:University of California System; University of California Berkeley; Paris School of Economics; Institut d'Etudes Politiques Paris (Sciences Po); Paris School of Economics
摘要:This article combines all available data to produce pretax and post -tax income inequality series in 26 European countries from 1980 to 2017. Our estimates are consistent with macroeconomic growth and comparable with US distributional national accounts. Inequality grew in nearly all European countries, but much less than in the US. Contrary to a widespread view, we demonstrate that Europe's lower inequality levels cannot be explained by more equalizing tax and transfer systems. After accountin...