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作者:Deshpande, Manasi; Mueller-Smith, Michael
作者单位:University of Chicago; National Bureau of Economic Research; University of Michigan System; University of Michigan
摘要:We estimate the effect of losing Supplemental Security Income (SSI) benefits at age 18 on criminal justice and employment outcomes over the next two decades. To estimate this effect, we use a regression discontinuity design in the likelihood of being reviewed for SSI eligibility at age 18 created by the 1996 welfare reform law. We evaluate this natural experiment with Social Security Administration data linked to records from the Criminal Justice Administrative Records System. We find that SSI...
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作者:Alvarez, Fernando; Lippi, Francesco; Oskolkov, Aleksei
作者单位:University of Chicago; National Bureau of Economic Research; Luiss Guido Carli University
摘要:We give a full analytic characterization of a large class of sticky-price models where the firm's price-setting behavior is described by a generalized hazard function. Such a function allows for a vast variety of empirical hazards to be fitted. This setup is microfounded by random adjustment costs, as in , or by information frictions, as in . We establish two main results. First, we show how to identify all the primitives of the model, including the distribution of the fundamental adjustment c...
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作者:Caprettini, Bruno; Voth, Hans-Joachim
作者单位:University of St Gallen; University of Zurich
摘要:We demonstrate an important complementarity between patriotism and public-good provision. After 1933, the New Deal led to an unprecedented expansion of the U.S. federal government's role. Those who benefited from social spending were markedly more patriotic during World War II: they bought more war bonds, volunteered more, and, as soldiers, won more medals. This pattern was new-World War I volunteering did not show the same geography of patriotism. We match military service records with the 19...
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作者:Ali, S. Nageeb; Haghpanah, Nima; Lin, Xiao; Siegel, Ron
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:The seller of an asset has the option to buy hard information about the value of the asset from an intermediary. The seller can then disclose this information before selling the asset in a competitive market. We study how the intermediary designs and sells hard information to robustly maximize the intermediary's revenue across all equilibria. Even though the intermediary could use an accurate test that reveals the asset's value, we show that robust revenue maximization leads to a noisy test wi...
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作者:Cullen, Zoe; Dobbie, Will; Hoffman, Mitchell
作者单位:Harvard University; National Bureau of Economic Research; Harvard University; University of Toronto; Centre for Economic Policy Research - UK
摘要:We experimentally test several approaches to increasing the demand for workers with a criminal record on a nationwide staffing platform by addressing potential downside risk and productivity concerns. The staffing platform asked hiring managers to make a series of hypothetical hiring decisions that affected whether workers with a criminal record could accept their jobs in the future. We find that 39% of businesses in our sample are willing to work with individuals with a criminal record at bas...
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作者:KLINE, P. A. T. R. I. C. K.; ROSE, E. V. A. N. K.; WALTERS, C. H. R. I. S. T. O. P. H. E. R. R.
作者单位:University of California System; University of California Berkeley; National Bureau of Economic Research; University of Chicago
摘要:We study the results of a massive nationwide correspondence experiment sending more than 83,000 fictitious applications with randomized characteristics to geographically dispersed jobs posted by 108 of the largest U.S. employers. Distinctively Black names reduce the probability of employer contact by 2.1 percentage points relative to distinctively white names. The magnitude of this racial gap in contact rates differs substantially across firms, exhibiting a between-company standard deviation o...
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作者:Amiti, Mary; Itskhoki, Oleg; Konings, Jozef
作者单位:Federal Reserve System - USA; Federal Reserve Bank - New York; University of California System; University of California Los Angeles; Nazarbayev University; KU Leuven; University of Liverpool
摘要:We analyze how firms choose the currency of invoicing and the implications of this choice for exchange rate pass-through into export prices and quantities. Using a new data set for Belgian firms, we find currency invoicing to be an active firm-level decision, shaped by the firm's size, exposure to imported inputs, and the currency choices of its competitors. Our results show that a firm's currency choice, in turn, has a direct causal effect on the exchange rate pass-through into prices and qua...
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作者:Carleton, Tamma; Jina, Amir; Delgado, Michael; Greenstone, Michael; Houser, Trevor; Hsiang, Solomon; Hultgren, Andrew; Kopp, Robert E.; McCusker, Kelly E.; Nath, Ishan; Rising, James; Rode, Ashwin; Seo, Hee Kwon; Viaene, Arvid; Yuan, Jiacan; Zhang, Alice Tianbo
作者单位:University of California System; University of California Santa Barbara; National Bureau of Economic Research; University of Chicago; University of California System; University of California Berkeley; Rutgers University System; Rutgers University New Brunswick; Princeton University; University of Delaware; The World Bank; Fudan University; Washington & Lee University
摘要:Using 40 countries' subnational data, we estimate age-specific mortality-temperature relationships and extrapolate them to countries without data today and into a future with climate change. We uncover a U-shaped relationship where extre6me cold and hot temperatures increase mortality rates, especially for the elderly. Critically, this relationship is flattened by higher incomes and adaptation to local climate. Using a revealed-preference approach to recover unobserved adaptation costs, we est...
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作者:DellaVigna, Stefano; Heining, Joerg; Schmieder, Johannes F.; Trenkle, Simon
作者单位:University of California System; University of California Berkeley; National Bureau of Economic Research; Boston University; IZA Institute Labor Economics; Leibniz Association; Ifo Institut
摘要:The job-finding rate of unemployment insurance (UI) recipients declines in the initial months of unemployment and then exhibits a spike at the benefit exhaustion point. A range of theoretical explanations have been proposed, but those are hard to disentangle using data on job finding alone. To better understand the underlying mechanisms, we conducted a large text-message-based survey of unemployed workers in Germany. We surveyed 6,349 UI recipients twice a week for four months about their job ...
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作者:Angrist, Joshua; Autor, David; Pallais, Amanda
作者单位:Massachusetts Institute of Technology (MIT); National Bureau of Economic Research; Harvard University
摘要:Financial aid from the Susan Thompson Buffett Foundation (STBF) provides comprehensive support to a student population similar to that served by a host of state aid programs. In conjunction with STBF, we randomly assigned aid awards to thousands of Nebraska high school graduates from low-income, minority, and first-generation college households. Randomly assigned STBF awards boost bachelor's (BA) degree completion for students targeting four-year schools by about 8 points. Degree gains are con...