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作者:Kapon, Samuel; Del Carpio, Lucia; Chassang, Sylvain
作者单位:University of California System; University of California Berkeley; INSEAD Business School; Princeton University
摘要:Tax collection with limited enforcement capacity may be consistent with both high- and low-delinquency regimes: high delinquency reduces the effectiveness of threats, thereby reinforcing high delinquency. We explore the practical challenges of unraveling the high-delinquency equilibrium using a mechanism design insight known as divide-and-conquer. Our preferred mechanism takes the form of prioritized iterative enforcement (PIE). Taxpayers are ranked using the ratio of expected collection to ca...
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作者:Bailey, Martha J.; Helgerman, Thomas; Stuart, Bryan A.
作者单位:University of California System; University of California Los Angeles; National Bureau of Economic Research; University of Minnesota System; University of Minnesota Twin Cities; Federal Reserve System - USA; Federal Reserve Bank - Philadelphia
摘要:In the 1960s, two landmark statutes-the Equal Pay and Civil Rights Acts-targeted the long-standing practice of employment discrimination against U.S. women. For the next 15 years, the gender gap in median earnings among full-time, full-year workers changed little, leading many scholars to conclude that the legislation was ineffectual. This article revisits this conclusion using two research designs, which leverage (i) cross-state variation in preexisting state equal pay laws and (ii) variation...
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作者:Grieco, Paul L. E.; Murry, Charles; Yurukoglu, Ali
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Boston College; National Bureau of Economic Research; Stanford University; National Bureau of Economic Research
摘要:We construct measures of industry performance and welfare in the U.S. automobile market from 1980 to 2018. We estimate a demand model using product-level data on market shares, prices, and attributes, and consumer-level data on demographics, purchases, and stated second choices. We estimate marginal costs assuming Nash-Bertrand pricing. We relate trends in consumer welfare and markups to trends in market structure and the composition of products. Although real prices rose, we find that markups...
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作者:Collinson, Robert; Humphries, John Eric; Mader, Nicholas; Reed, Davin; Tannenbaum, Daniel; van Dijk, Winnie
作者单位:University of Notre Dame; Yale University; University of Chicago; Federal Reserve System - USA; Federal Reserve Bank - Philadelphia; University of Nebraska System; University of Nebraska Lincoln; Harvard University; National Bureau of Economic Research
摘要:More than two million U.S. households have an eviction case filed against them each year. Policy makers at the federal, state, and local levels are increasingly pursuing policies to reduce the number of evictions, citing harm to tenants and high public expenditures related to homelessness. We study the consequences of eviction for tenants using newly linked administrative data from two major urban areas: Cook County (which includes Chicago) and New York City. We document that before housing co...
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作者:Garin, Andrew; Rothbaum, Jonathan
作者单位:Carnegie Mellon University; National Bureau of Economic Research
摘要:This article studies the long-run effects of government-led construction of manufacturing plants on the regions where they were built and on individuals from those regions. Specifically, we examine publicly financed plants built in dispersed locations outside of major urban centers for security reasons during the U.S. industrial mobilization for World War II. Wartime plant construction had large and persistent effects on local development, characterized by an expansion of relatively high-wage ...
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作者:Cederlof, Jonas; Fredriksson, Peter; Nekoei, Arash; Seim, David
作者单位:Uppsala University; Stockholm University; Stockholm University
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作者:Autor, David; Chin, Caroline; Salomons, Anna; Seegmiller, Bryan
作者单位:Massachusetts Institute of Technology (MIT); National Bureau of Economic Research; Utrecht University; Northwestern University
摘要:We answer three core questions about the hypothesized role of newly emerging job categories (new work) in counterbalancing the erosive effect of task-displacing automation on labor demand: what is the substantive content of new work, where does it come from, and what effect does it have on labor demand? We construct a novel database spanning eight decades of new job titles linked to U.S. Census microdata and to patent-based measures of occupations' exposure to labor-augmenting and labor-automa...
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作者:Bernstein, Asaf; Koudijs, Peter
作者单位:University of Colorado System; University of Colorado Boulder; National Bureau of Economic Research; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要:In 2013, the Dutch government mandated that new conforming mortgages must fully amortize. Within a difference-in-differences design, we estimate that the marginal wealth accumulation from amortization is close to one, even five years later. Households purchasing after the reform primarily cut consumption and leisure over other savings, leading to a rise in wealth. This holds if we use life events to instrument for the timing of home purchase. Estimates are similar for seemingly unconstrained h...
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作者:Hortacsu, Ali; Natan, Olivia R.; Parsley, Hayden; Schwieg, Timothy; Williams, Kevin R.
作者单位:University of Chicago; National Bureau of Economic Research; University of California System; University of California Berkeley; University of Texas System; University of Texas Austin; Yale University
摘要:Firms facing complex objectives often decompose the problems they face, delegating different parts of the decision to distinct subunits. Using comprehensive data and internal models from a large U.S. airline, we establish that airline pricing is not well approximated by a model of the firm as a unitary decision maker. We show that observed prices, however, can be rationalized by accounting for organizational structure and for the decisions by departments that are tasked with supplying inputs t...