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作者：Christensen, Peter; Timmins, Christopher
作者单位：University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital; Duke University
摘要：Growing evidence indicates that neighborhoods affect human capital accumulation, raising concern that the exclusionary effects of housing discrimination could contribute to persistent inequality in the United States. Using data from HUD's most recent Housing Discrimination Study and microlevel data on neighborhood attributes in 28 US cities, we find that minorities are steered toward neighborhoods with less economic opportunity and greater exposures to crime and pollution. Holding preferences ...
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作者：Fajgelbaum, Pablo; Redding, Stephen J.
作者单位：Princeton University; National Bureau of Economic Research
摘要：We provide new theory and evidence on the role of external and internal integration in structural transformation and economic development, using Argentina's integration into the world economy in the late nineteenth century. Our theoretical model provides microfoundations for a spatial Balassa-Samuelson effect, in which locations closer to world markets have higher population densities, urban population shares, relative prices of nontraded goods, and land prices relative to wages, as well as sp...
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作者：Bianchi, Nicola; Giorcelli, Michela
摘要：This paper examines the long-term and spillover effects of management interventions on firm performance. Under the Training Within Industry (TWI) program, the US government provided management training to firms involved in war production between 1940 and 1945. Using a newly collected panel data set on all 11,575 US firms that applied to the program, we find that the TWI training had positive and long-lasting effects on firm performance and the adoption of beneficial managerial practices. Moreo...
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作者：Caplin, Andrew; Dean, Mark; Leahy, John
作者单位：New York University; National Bureau of Economic Research; Columbia University; University of Michigan System; University of Michigan
摘要：We introduce three new classes of attention cost functions: posterior separable, uniformly posterior separable, and invariant posterior separable. As with the Shannon cost function, all can be solved using Lagrangian methods. Uniformly posterior-separable cost functions capture many forms of sequential learning and hence play a key role in many applications. Invariant posterior-separable cost functions make learning strategies depend exclusively on payoff uncertainty. We introduce two behavior...
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作者：Cullen, Zoe; Perez-Truglia, Ricardo
作者单位：Harvard University; University of California System; University of California Berkeley
摘要：The vast majority of the pay inequality in organizations comes from differences in pay between employees and their bosses. But are employees aware of these pay disparities? Are employees demotivated by this inequality? To address these questions, we conducted a natural field experiment with a sample of 2,060 employees from a multibillion-dollar corporation in Southeast Asia. We document large misperceptions among employees about the salaries of their managers and smaller but still significant ...
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作者：Chaney, Thomas
作者单位：Institut d'Etudes Politiques Paris (Sciences Po)
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作者：Sadler, Evan
作者单位：Columbia University
摘要：This paper studies the extent to which centrality measures share a common structure. In contrast with prior work, I take an ordinal approach, defining centrality measures as preorders that satisfy an axiom called recursive monotonicity. From this axiom, I derive two fundamental measures, strong and weak centrality, and I relate these to the equilibria of network games. Any equilibrium in a game of strategic complements implicitly orders the players by their actions. Strong centrality captures ...
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作者：[Anonymous]
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作者：Prendergast, Canice
作者单位：University of Chicago
摘要：Feeding America allocates donated food to over 200 food banks. In 2005, it transitioned from a queueing mechanism to one where food banks use a specialized currency to bid for food. Food banks chose very different food than they received before. Small food banks acquired 72% more pounds per client than large food banks at little nutritional cost. This reallocation of food is estimated to have increased its value by 21%, or $115 million per annum. Food banks also sourced food much closer, savin...
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作者：Gillingham, Kenneth; Iskhakov, Fedor; Munk-Nielsen, Anders; Rust, John; Schjerning, Bertel
作者单位：Yale University; Australian National University; University of Copenhagen; Georgetown University
摘要：We introduce a computationally tractable dynamic equilibrium model of automobile markets with heterogeneous consumers, focused on stationary flow equilibria. We introduce a fast, robust algorithm for computing equilibria and use it to estimate a model using nearly 39 million observations on car ownership transitions from Denmark. The estimated model fits the data well, and counterfactual simulations show that Denmark could raise total tax revenue by reducing the new-car registration tax rate. ...
