-
作者：Adao, Rodrigo; Costinot, Arnaud; Donaldson, Dave
作者单位：University of Chicago; Massachusetts Institute of Technology (MIT)
摘要：The primary motivation behind quantitative work in international trade and many other fields is to shed light on the economic consequences of policy changes and other shocks. To help assess and potentially strengthen the credibility of such quantitative predictions, we introduce an IV-based goodness-of-fit measure that provides the basis for testing causal predictions in arbitrary general equilibrium environments as well as for estimating the average misspecification in these predictions. As a...
-
作者：Biasi, Barbara; Lafortune, Julien; Schonholzer, David
作者单位：Yale University; University of California System; University of California Santa Cruz
摘要：This article identifies which investments in school facilities help students and which are valued by homeowners. Using novel data on school district bonds, test scores, and house prices across 29 U.S. states and a research design based on narrowly decided elections with staggered timing, we find that increased capital spending in schools significantly improves test scores and is efficient on average. However, the effects vary widely depending on the type of project and the characteristics of t...
-
作者：Mcgee, Dan
作者单位：Monash University
摘要：I develop a model of the social construction of race. Racial categories emerge from labor conflict when elites privilege intrinsically irrelevant traits to divide workers against each other and extract workers' surplus. I show that elites use color to grant unequal rights and track these rights across generations because it is heritable, observable, and relatively immutable. Depending on the demographic conditions the elites face, the system of racialization manifests either as ancestry-based ...
-
作者：Humphries, John Eric; Ouss, Aurelie; Stavreva, Kamelia; Stevenson, Megan T.; Van Dijk, Winnie
作者单位：Yale University; National Bureau of Economic Research; University of Pennsylvania; Columbia University; University of Virginia
摘要：Noncarceral conviction is a common outcome of criminal court cases: for every person incarcerated, there are approximately three who were recently convicted but not sentenced to prison or jail. We extend the binary-treatment judge IV framework to settings with multiple treatments and use it to study the consequences of noncarceral conviction. We outline assumptions under which widely used 2SLS regressions recover margin-specific treatment effects, relate these assumptions to models of judge de...
-
作者：Chyn, Eric; Collinson, Robert; Sandler, Danielle H.
作者单位：University of Texas System; University of Texas Austin; National Bureau of Economic Research; University of Notre Dame
摘要：This article studies the effects of the largest residential racial desegregation initiative in U.S. history, the Gautreaux Assisted Housing Program. From the late 1970s to the 1990s, Gautreaux moved thousands of Black families into predominantly white neighborhoods to support racial and economic integration. We link historical program records to administrative data and use plausibly exogenous variation in neighborhood placements to study how desegregating moves affect children in the long run....
-
作者：de Silva, Tim
作者单位：Stanford University
摘要：Student loans with income-contingent repayment insure borrowers against income risk but can reduce their incentives to earn more. Using a change in Australia's income-contingent repayment schedule, I show that borrowers reduce their labor supply to lower their repayments. These responses are larger among borrowers with more hourly flexibility, a lower probability of repayment, and tighter liquidity constraints. I use these responses to estimate a dynamic model of labor supply with frictions th...
-
作者：Quach, Simon
作者单位：University of Southern California
摘要：This article studies the unexpected retraction of a U.S. federal policy in 2016 that would have more than doubled the overtime exemption threshold from $455 to $913 per week and thereby grant overtime protection to an additional 20% of salaried workers. Although the policy was blocked by a federal court injunction a week before it was supposed to take effect, I show that it nevertheless had a persistent positive impact on workers' earnings. Leveraging a bunching design with administrative payr...
-
作者：Pellegrino, Bruno; Spolaore, Enrico; Wacziarg, Romain
作者单位：National Bureau of Economic Research; Leibniz Association; Ifo Institut; National Bureau of Economic Research; Tufts University; University of California System; University of California Los Angeles; National Bureau of Economic Research
摘要：Observed international investment positions and cross-country heterogeneity in rates of return to capital are hard to reconcile with frictionless capital markets. This article develops a theory of international capital allocation: a multi-country dynamic spatial general equilibrium model in which the entire network of cross-border investment is endogenously determined. Our model features cross-country heterogeneity in fundamental risk, a demand system for international assets, and frictions th...
-
作者：Buzard, Kristy; Gee, Laura K.; Stoddard, Olga
作者单位：Syracuse University; Tufts University; Brigham Young University
摘要：Gender imbalance in time spent on child-rearing causes gender inequalities in labor market outcomes, human capital accumulation, and economic mobility. We conduct a large-scale field experiment with a near universe of U.S. schools to investigate a potential source of inequality: external demands for parental involvement. Schools receive an email from a fictitious two-parent household and are asked to call one of the parents back. Mothers are 1.4 times more likely than fathers to be contacted. ...
-
作者：Bohren, J. Aislinn; Hull, Peter; Imas, Alex
作者单位：Brown University; University of Chicago
摘要：Economists often measure discrimination as disparities arising from the direct effects of group identity. We develop new tools to model and measure systemic discrimination, capturing how discrimination in other decisions indirectly contributes to disparities. A novel experimental design, the iterated audit, identifies systemic discrimination. We illustrate these new tools in two field experiments. The first experiment shows how racial discrimination can accumulate across multiple rounds of hir...
