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作者：[Anonymous]
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作者：Delabastita, Vincent; Rubens, Michael
作者单位：Radboud University Nijmegen; University of California System; University of California Los Angeles
摘要：Empirical models of labor market competition usually assume that employers set wages noncooperatively, despite frequent allegations of collusive employer behavior. We propose an identification approach for labor market collusion that relies on production and cost data, and we use it to study how employer collusion affected wage markdowns of 227 Belgian coal firms between 1845 and 1913. We are able to detect collusion through the 1897 coal cartel without ex ante knowledge of its timing and find...
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作者：Marra, Marleen
作者单位：Institut d'Etudes Politiques Paris (Sciences Po)
摘要：This paper develops and estimates a structural auction platform model with endogenous entry of buyers and sellers to study the welfare impacts of fee changes. Estimates from a new wine auction dataset illustrate the striking feature of two-sided markets that some users can be made better off despite paying higher fees. The results also underscore the importance of addressing seller selection when endogenizing (buyer) entry onto auction platforms. Quantifying the welfare effects from (anticompe...
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作者：Ayres, Joao; Navarro, Gaston; Nicolini, Juan Pablo; Teles, Pedro
作者单位：Inter-American Development Bank; Federal Reserve System - USA; Federal Reserve System Board of Governors; Federal Reserve System - USA; Federal Reserve Bank - Minneapolis; Universidad Torcuato Di Tella; Banco de Portugal; Universidade Catolica Portuguesa; Centre for Economic Policy Research - UK
摘要：We assess the quantitative relevance of expectations-driven sovereign debt crises, focusing on the southern European crisis of the early 2010s and the Argentine default of 2001. The source of multiplicity is the one proposed by Calvo. Crucial for multiplicity is an output process characterized by long periods of either high growth or stagnation, which we estimate using data for these countries. Our analysis suggests that expectations-driven debt crises are quantitatively relevant but state dep...
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作者：Berger, Eva M.; Fehr, Ernst; Hermes, Henning; Schunk, Daniel; Winkel, Kirsten
作者单位：University of Zurich; Leibniz Association; Ifo Institut; IZA Institute Labor Economics; Johannes Gutenberg University of Mainz; University of Koblenz & Landau
摘要：Working-memory (WM) capacity is a key component of a wide range of cognitive and noncognitive skills-such as fluid IQ, math, reading, and inhibitory control-but can WM training improve these skills? Here, we examine the causal impact of WM training embedded in regular school teaching, using a randomized educational intervention with 6-7-year-old children. We find substantial gains in WM capacity and document positive spillover effects on geometry, fluid IQ, and inhibitory control. Three years ...
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作者：Arcidiacono, Peter; Aucejo, Esteban; Maurel, Arnaud; Ransom, Tyler
作者单位：Duke University; IZA Institute Labor Economics; National Bureau of Economic Research; Arizona State University; Arizona State University-Tempe; Leibniz Association; Ifo Institut; IZA Institute Labor Economics; University of Oklahoma System; University of Oklahoma - Norman
摘要：We examine how informational frictions impact schooling and work outcomes by estimating a dynamic structural model where individuals face uncertainty about their academic ability and productivity, which determine their schooling utility and wages. We account for different college types, majors, occupational search frictions, and work hours. Individuals learn from grades and wages, which may affect their choices. Removing informational frictions would increase graduation by 4.4 percentage point...
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作者：Bernini, Andrea; Facchini, Giovanni; Tabellini, Marco; Testa, Cecilia
作者单位：University of Oxford; University of Nottingham; Harvard University
摘要：How did Southern whites respond to the 1965 Voting Rights Act (VRA)? Leveraging newly digitized data on county-level voter registration by race between 1956 and 1980 and exploiting predetermined variation in exposure to the federal intervention, we document that the VRA increases both Black and white political participation. Consistent with the VRA triggering white countermobilization, the surge in white registrations is concentrated in counties where African Americans represent a political th...
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作者：Antic, Nemanja; Chakraborty, Archishman; Harbaugh, Rick
作者单位：Northwestern University; Yeshiva University; Indiana University System; Indiana University Bloomington
摘要：Two players with common interests exchange information to make a decision. But they fear scrutiny. Their unencrypted communications will be observed by another agent with different interests who can object to their decision. We show how the players can implement their ideal decision rule using a back-and-forth conversation. Such a subversive conversation reveals enough information for the players to determine their best decision but not enough information for the observer to determine whether ...
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作者：Bartelme, Dominick; Costinot, Arnaud; Donaldson, Dave; Rodriguez-Clare, Andres
作者单位：Massachusetts Institute of Technology (MIT); University of California System; University of California Berkeley
摘要：The textbook case for industrial policy is well understood: sectors with relatively large external economies of scale should be subsidized at the expense of other sectors. Little is known, however, about the magnitude of the welfare gains from such interventions. We develop an empirical strategy that leverages commonly available trade data to estimate sector-level economies of scale and, in turn, to quantify the gains from optimal industrial policy in a general equilibrium environment. Our res...
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作者：Flinn, Christopher J.; Todd, Petra E.; Zhang, Weilong
作者单位：New York University; Collegio Carlo Alberto; National Bureau of Economic Research; University of Pennsylvania; IZA Institute Labor Economics; University of Cambridge
摘要：This paper examines the effects of the Big Five personality traits on labor market outcomes and gender wage gaps using a job search and bargaining model with parameters that vary at the individual level. The analysis, based on German panel data, reveals that both cognitive and noncognitive traits significantly influence wages and employment outcomes. Higher conscientiousness and emotional stability and lower agreeableness levels enhance earnings and job stability for both genders. Differences ...
