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作者：Augenblick, Ned; Lazarus, Eben; Thaler, Michael
作者单位：University of California System; University of California Berkeley; City St Georges, University of London
摘要：When people receive new information, sometimes they revise their beliefs too much, and sometimes too little. We show that a key driver of whether people overinfer or underinfer is the strength of the information. Based on a model in which people know which direction to update in, but not exactly how much to update, we hypothesize that people will overinfer from weak signals and underinfer from strong signals. We then test this hypothesis across four different environments: abstract experiments...
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作者：Munoz, Mathilde
作者单位：University of California System; University of California Berkeley
摘要：This article examines the labor market implications of the EU posting policy, a large temporary migration program facilitated by the liberalization of the free provision of services in Europe. Posting allows EU firms to send (post) their employees abroad to export customer-facing services. Combining administrative data and quasi-experimental policy variation, I find that the policy permanently increased total factor mobility in Europe without crowding out traditional migration. This result sug...
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作者：Baqaee, David R.; Burstein, Ariel T.; Koike-Mori, Yasutaka
作者单位：University of California System; University of California Los Angeles
摘要：The money metric utility function is an essential tool for calculating welfare-relevant growth and inflation. We show how to recover it from repeated cross-sectional data without making parametric assumptions about preferences. We do this by solving the following recursive problem. Given compensated demand, we construct money metric utility by integration. Given money metric utility, we construct compensated demand by matching households over time whose money metric utility value is the same. ...
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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
