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作者：Derenoncourt, Ellora; Weil, David
作者单位：Princeton University; Brandeis University
摘要：Low unionization rates, a falling real federal minimum wage, and outsourcing have hampered wage growth in the low-wage sector in the United States for several decades. In recent years (2014-2023), a number of large private retailers-including some of the largest employers in the United States-have opted to institute or raise company-wide, voluntary minimum wages (VMWs) for their employees. We use anonymized payroll data from a large credit bureau and a major payroll provider to study the effec...
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作者：Alsan, Marcella; Barnett, Arkey; Hull, Peter; Yang, Crystal S.
作者单位：University of Michigan System; University of Michigan; Brown University; Harvard University
摘要：A long-standing and influential view in U.S. correctional policy is that nothing works when it comes to rehabilitating incarcerated individuals. We revisit this hypothesis by studying an innovative law-enforcement-led program launched in the county jail of Flint, MI: Inmate Growth Naturally and Intentionally through Education (IGNITE). We develop an instrumental variables approach to estimate the effects of IGNITE exposure, leveraging quasi-random court delays that cause individuals to spend m...
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作者：Finkelstein, Amy; Gentzkow, Matthew; Li, Dean
作者单位：Massachusetts Institute of Technology (MIT); National Bureau of Economic Research; Stanford University; National Bureau of Economic Research; Massachusetts Institute of Technology (MIT)
摘要：We develop and estimate a dynamic model of risky prescription opioid use that allows us to unpack the role of person- and place-specific drivers of the opioid epidemic and assess the impact of state opioid policies. Event studies indicate that among adults receiving federal disability insurance from 2006 to 2019, moves to states with higher rates of risky use produce an immediate jump in the probability of risky use, followed by an additional gradual increase for the next several years. Using ...
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作者：Hill, Ryan; Stein, Carolyn
作者单位：Northwestern University; University of California System; University of California Berkeley
摘要：This article investigates how competition to publish first and thereby establish priority affects the quality of scientific research. We begin by developing a model where scientists decide whether and how long to work on a given project. When deciding how long they should let their projects mature, scientists trade off the marginal benefit of higher-quality research against the marginal risk of being preempted. Projects with the highest scientific potential are the most competitive because the...
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作者：Andrew, Alison; Adams, Abi
作者单位：University of Oxford; University of Oxford
摘要：We develop a new methodology to estimate subjective beliefs from hypothetical-choice data. Our identification approach is based on the novel insight that by varying the amount of information on future realizations of stochastic variables, discrete-choice experiments can identify not only preferences but also subjective beliefs. We formally prove this result in a general setting and apply it to design a strategic survey instrument to measure Rajasthani parents' subjective beliefs over the joint...
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作者：Moreno-Medina, Jonathan; Ouss, Aurelie; Bayer, Patrick; Ba, Bocar A.
作者单位：University of Texas System; University of Texas at San Antonio; University of Pennsylvania; National Bureau of Economic Research; Duke University
摘要：This article examines language patterns in U.S. television news coverage of police killings. First, we document that the media use syntactic structures-such as passive voice, nominalizations, and intransitive verbs-that obscure responsibility more often in cases of police killings than in cases of civilian killings. Through an online experiment, we demonstrate the significance of these syntactic differences, revealing that participants are less likely to hold police officers morally responsibl...
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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...
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作者：Del Canto, Felipe; Grigsby, John; Qian, Eric; Walsh, Conor
作者单位：Harvard University; Princeton University; National Bureau of Economic Research; Columbia University
摘要：We develop a framework to measure the welfare impact of macroeconomic shocks throughout the distribution. The first-order impact of a shock is summarized by the induced movements in agents' feasible sets: their budget constraint and borrowing constraints. We combine estimated impulse response functions with micro-data on household consumption bundles, asset holdings, and labor income for different U.S. households. We find that inflationary oil shocks are regressive, but monetary expansions are...
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作者：Kalyani, Aakash; Bloom, Nicholas; Carvalho, Marcela; Hassan, Tarek; Lerner, Josh; Tahoun, Ahmed
作者单位：Federal Reserve System - USA; Federal Reserve Bank - St. Louis; Stanford University; National Bureau of Economic Research; University of London; London Business School; Boston University; Harvard University
摘要：We identify phrases associated with novel technologies using textual analysis of patents, job postings, and earnings calls, enabling us to identify four stylized facts on the diffusion of jobs relating to new technologies. First, the development of economically impactful new technologies is geographically highly concentrated, more so even than overall patenting: 56% of the most economically impactful technologies come from just two U.S. locations, Silicon Valley and the Northeast Corridor. Sec...
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作者：Bates, Michael; Dinerstein, Michael; Johnston, Andrew C.; Sorkin, Isaac
作者单位：University of California System; University of California Riverside; Duke University; National Bureau of Economic Research; University of California System; University of California Merced; Stanford University
摘要：We estimate a matching model of teachers and elementary schools with rich data on teachers' applications and principals' ratings from a large, urban district in North Carolina. Both teachers' and principals' preferences deviate from those that would maximize the achievement of economically disadvantaged students: teachers prefer schools with fewer disadvantaged students, and principals' ratings are weakly related to teacher effectiveness. In equilibrium, these two deviations combine to produce...
