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作者：Card, David; Cardoso, Ana Rute; Kline, Patrick
作者单位：University of California System; University of California Berkeley; Consejo Superior de Investigaciones Cientificas (CSIC); CSIC - Institut d'Analisi Economica (IAE); Barcelona School of Economics
摘要：There is growing evidence that firm-specific pay premiums are an important source of wage inequality. These premiums will contribute to the gender wage gap if women are less likely to work at high-paying firms or if women negotiate (or are offered) worse wage bargains with their employers than men. Using longitudinal data on the hourly wages of Portuguese workers matched with income statement information for firms, we show that the wages of both men and women contain firm-specific premiums tha...
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作者：Rubinstein, Ariel
作者单位：Tel Aviv University; New York University
摘要：A new typology of players is proposed based on the classification of actions as either instinctive or contemplative. A person's type is the probability of him choosing a contemplative action. To test the typology, results of 10 games are analyzed. Actions in each game were classified depending on whether their response time was more or less, respectively, than the median response time of all subjects who played the game. It is argued that fast actions are more instinctive and slow actions are ...
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作者：Veiga, Andre; Weyl, E. Glen
作者单位：University of Oxford; Microsoft; Yale University
摘要：In selection markets, where the cost of serving consumers is heterogeneous and noncontractible, nonprice product features allow a firm to sort profitable from unprofitable consumers. An example of this sorting by quality'' is the use of down payments to dissuade borrowers who are unlikely to repay. We study a model in which consumers have multidimensional types and a firm offers a single product of endogenous quality, as in Spence (1975). These two ingredients generate a novel sorting incentiv...
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作者：Pinkovskiy, Maxim; Sala-I-Martin, Xavier
作者单位：Federal Reserve System - USA; Federal Reserve Bank - New York; Columbia University; National Bureau of Economic Research
摘要：GDP per capita and household survey means present conflicting pictures of the rate of economic development in emerging countries. One of the areas in which the national accounts-household surveys debate is key is the measurement of developing world poverty. We propose a data-driven method to assess the relative quality of GDP per capita and survey means by comparing them to the evolution of satellite-recorded nighttime lights. Our main assumption, which is robust to a variety of specification ...
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作者：Donaldson, Dave; Hornbeck, Richard
作者单位：Stanford University; National Bureau of Economic Research; University of Chicago
摘要：This article examines the historical impact of railroads on the U.S. economy, with a focus on quantifying the aggregate impact on the agricultural sector in 1890. Expansion of the railroad network may have affected all counties directly or indirectly-an econometric challenge that arises in many empirical settings. However, the total impact on each county is captured by changes in that county's market access,'' a reduced-form expression derived from general equilibrium trade theory. We measure ...
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作者：Artavanis, Nikolaos; Morse, Adair; Tsoutsoura, Margarita
作者单位：University of Massachusetts System; University of Massachusetts Amherst; University of California System; University of California Berkeley; National Bureau of Economic Research; University of Chicago
摘要：We document that in semiformal economies, banks lend to tax-evading individuals based on the bank's assessment of the individual's true income. This observation leads to a novel approach to estimate tax evasion. We use micro-data on household credit from a Greek bank and replicate the bank underwriting model to infer the banks estimate of individuals' true income. We estimate that 43-45% of self-employed income goes unreported and thus untaxed. For 2009, this implies (sic)28.2 billion of unrep...
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作者：Adda, Jerome
作者单位：Bocconi University; Bocconi University
摘要：Viruses are a major threat to human health, and-given that they spread through social interactions-represent a costly externality. This article addresses three main questions: (i) what are the unintended consequences of economic activity on the spread of infections; (ii) how efficient are measures that limit interpersonal contacts; (iii) how do we allocate our scarce resources to limit the spread of infections? To answer these questions, we use novel high frequency data from France on the inci...
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作者：Saez, Emmanuel; Zucman, Gabriel
作者单位：University of California System; University of California Berkeley; National Bureau of Economic Research
摘要：This paper combines income tax returns with macroeconomic household balance sheets to estimate the distribution of wealth in the United States since 1913. We estimate wealth by capitalizing the incomes reported by individual taxpayers, accounting for assets that do not generate taxable income. We successfully test our capitalization method in three micro datasets where we can observe both income and wealth: the Survey of Consumer Finance, linked estate and income tax returns, and foundations' ...
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作者：Cesarini, David; Lindqvist, Erik; Ostling, Robert; Wallace, Bjorn
作者单位：New York University; Research Institute of Industrial Economics (IFN); National Bureau of Economic Research; Stockholm School of Economics; Stockholm University; University of Cambridge
摘要：We use administrative data on Swedish lottery players to estimate the causal impact of substantial wealth shocks on players' own health and their children's health and developmental outcomes. Our estimation sample is large, virtually free of attrition, and allows us to control for the factors conditional on which the prizes were randomly assigned. In adults, we find no evidence that wealth impacts mortality or health care utilization, with the possible exception of a small reduction in the con...
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作者：David, Joel M.; Hopenhayn, Hugo A.; Venkateswaran, Venky
作者单位：University of Southern California; University of California System; University of California Los Angeles; New York University
摘要：We propose a theory linking imperfect information to resource misallocation and hence to aggregate productivity and output. In our setup, firms look to a variety of noisy information sources when making input decisions. We devise a novel empirical strategy that uses a combination of firm-level production and stock market data to pin down the information structure in the economy. Even when only capital is chosen under imperfect information, applying this methodology to data from the United Stat...
