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作者：Behaghel, Luc; Blau, David M.
作者单位：INRAE; Paris School of Economics; Institut Polytechnique de Paris; ENSAE Paris; University System of Ohio; Ohio State University
摘要：We use a US Social Security reform as a quasi-experiment to provide evidence on framing effects in retirement behavior. The reform increased the full retirement age (FRA) from 65 to 66 in two-month increments per year of birth. We find strong evidence that the spike in the benefit claiming hazard at 65 moved in lockstep along with the FRA. Results on self-reported retirement and exit from employment go in the same direction. The responsiveness to the new FRA is stronger for people with higher ...
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作者：Feyrer, James; Shambaugh, Jay
作者单位：Dartmouth College; National Bureau of Economic Research; Georgetown University; National Bureau of Economic Research
摘要：This paper examines the effect of exogenous shocks to savings on world capital markets. Exogenous tax increases in the United States (from Romer and Romer 2010) are only partially offset by changes in domestic private savings, and only a small amount is absorbed by increased domestic investment (contra Feldstein and Horioka 1980). Almost half the change in taxes is transmitted abroad through a change in the US current account. Other countries experience decreases in current accounts and increa...
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作者：Gruber, Jonathan; Kleiner, Samuel A.
作者单位：Massachusetts Institute of Technology (MIT); National Bureau of Economic Research; Cornell University
摘要：Hospitals now represent one of the largest union sectors of the US economy, and there is particular concern about the impact of strikes on patient welfare. We analyze the effects of nurses' strikes in hospitals on patient outcomes in New York State. Controlling for hospital specific heterogeneity, the results show that nurses' strikes increase in-hospital mortality by 18.3 percent and 30-day readmission by 5.7 percent for patients admitted during a strike, with little change in patient demogra...
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作者：McMullen, Steven C.; Rouse, Kathryn E.
作者单位：Calvin University; Elon University
摘要：In 2007, 22 Wake County, North Carolina traditional calendar schools were switched to year-round calendars, spreading the 180 instructional days evenly across the year. This paper presents a human capital model to illustrate the conditions under which these calendars might affect achievement. We then exploit the natural experiment to evaluate the impact of year-round schooling on student achievement using a multi-level fixed effects model. Results suggest that year-round schooling has essentia...
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作者：Conconi, Paola; Facchini, Giovanni; Zanardi, Maurizio
作者单位：Universite Libre de Bruxelles; Universite Libre de Bruxelles; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC
摘要：We develop a simple model of trade relations in which legislators with different stakes in import-competing and export industries decide whether to grant fast-track authority (FTA) to the president, giving up the power to amend international trade agreements. We show that strategic delegation motives are key to understanding FTA votes, which involve a decision between alternative country representatives: the executive or the majority in Congress. We then examine the determinants of all votes b...
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作者：Knight, Brian; Schiff, Nathan
作者单位：Brown University; University of British Columbia
摘要：This paper investigates competition between jurisdictions in the context of cross-border shopping for state lottery tickets. Our theoretical model, in which consumers consider both travel costs and lottery payoffs, predicts that per-resident sales should be more responsive to prices in small states with densely populated borders. Using weekly sales data from US lotteries and drawing identification from the roll-over feature of jackpots, we estimate this responsiveness and find large effects th...
