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作者:Davis, Steven J.; Faberman, R. Jason; Haltiwanger, John C.
作者单位:University of Chicago; National Bureau of Economic Research; Federal Reserve System - USA; Federal Reserve Bank - Chicago; University System of Maryland; University of Maryland College Park
摘要:This paper is the first to study vacancies, hires, and vacancy yields at the establishment level in the Job Openings and Labor Turnover Survey, a large sample of US employers. To interpret the data, we develop a simple model that identifies the flow of new vacancies and the job-filling rate for vacant positions. The fill rate moves counter to aggregate employment but rises steeply with employer growth rates in the cross section. It falls with employer size, rises with worker turnover rates, an...
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作者:Kleven, Henrik J.; Waseem, Mazhar
作者单位:University of London; London School Economics & Political Science
摘要:We develop a framework for nonparametrically identifying optimization frictions and structural elasticities using notches-discontinuities in the choice sets of agents-introduced by tax and transfer policies. Notches create excess bunching on the low-tax side and missing mass on the high-tax side of a cutoff, and they are often associated with a region of strictly dominated choice that would have zero mass in a frictionless world. By combining excess bunching (observed response attenuated by fr...
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作者:Powell, Robert
作者单位:University of California System; University of California Berkeley
摘要:Governments in weak states often face an armed opposition and have to decide whether to try to accommodate and contain that adversary or to try to consolidate power and monopolize violence by disarming it. When and why do governments choose to consolidate power and monopolize violence? How fast do they try to consolidate power? When does this lead to costly fighting rather than to efforts to eliminate the opposition by buying it off? We study an infinite-horizon model in which the government i...
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作者:Alesina, Alberto; Giuliano, Paola; Nunn, Nathan
作者单位:Harvard University; National Bureau of Economic Research; University of California System; University of California Los Angeles
摘要:The study examines the historical origins of existing cross-cultural differences in beliefs and values regarding the appropriate role of women in society. We test the hypothesis that traditional agricultural practices influenced the historical gender division of labor and the evolution of gender norms. We find that, consistent with existing hypotheses, the descendants of societies that traditionally practiced plough agriculture today have less equal gender norms, measured using reported gender...
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作者:Legros, Patrick; Newman, Andrew F.
作者单位:Universite Libre de Bruxelles; Boston University
摘要:This article presents a perfectly competitive model of firm boundary decisions and study their interplay with product demand, technology, and welfare. Integration is privately costly but is effective at coordinating production decisions; nonintegration is less costly but coordinates relatively poorly. Output price influences the choice of ownership structure: integration increases with the price level. At the same time, ownership affects output, because integration is more productive than noni...
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作者:Rothschild, Casey; Scheuer, Florian
作者单位:Wellesley College; Stanford University; National Bureau of Economic Research
摘要:We consider,optimal redistribution in a model where individuals can self-select into one of several possible sectors based on heterogeneity in a multidimensional skill vector. We first show that when the government does not observe the sectoral choice or underlying skills of its citizens, the constrained Pareto frontier can be implemented with a single nonlinear income tax. We then characterize this optimal tax schedule. If sectoral inputs are complements, a many-sector model with self-selecti...
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作者:Giroud, Xavier
作者单位:Massachusetts Institute of Technology (MIT)
摘要:Proximity to plants makes it easier for headquarters to monitor and acquire information about plants. In this article, I estimate the effects of headquarters' proximity to plants on plant-level investment and productivity. Using the introduction of new airline routes as a source of exogenous variation in proximity, I find that new airline routes that reduce the travel time between headquarters and plants lead to an increase in plant-level investment of 8% to 9% and an increase in plants' total...
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作者:Acemoglu, Daron; Egorov, Georgy; Sonin, Konstantin
作者单位:Massachusetts Institute of Technology (MIT); Canadian Institute for Advanced Research (CIFAR); Northwestern University; New Economic School
摘要:When voters fear that politicians may be influenced or corrupted by the rich elite, signals of integrity are valuable. As a consequence, an honest politician seeking reelection chooses populist policies-that is, policies to the left of the median voter-as a way of signaling that he is not beholden to the interests of the right. Politicians that are influenced by right-wing special interests respond by choosing moderate or even left-of-center policies. This populist bias of policy is greater wh...
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作者:Crepon, Bruno; Duflo, Esther; Gurgand, Marc; Rathelot, Roland; Zamora, Philippe
作者单位:Institut Polytechnique de Paris; ENSAE Paris; Massachusetts Institute of Technology (MIT); Paris School of Economics
摘要:This article reports the results from a randomized experiment designed to evaluate the direct and indirect (displacement) impacts of job placement assistance on the labor market outcomes of young, educated job seekers in France. We use a two-step design. In the first step, the proportions of job seekers to be assigned to treatment (0%, 25%, 50%, 75%, or 100%) were randomly drawn for each of the 235 labor markets (e.g., cities) participating in the experiment. Then, in each labor market, eligib...
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作者:Kalai, Adam; Kalai, Ehud
摘要:For two-person complete-information strategic games with transferable utility, all major variable-threat bargaining and arbitration solutions coincide. This confluence of solutions by luminaries such as Nash, Harsanyi, Raiffa, and Selten, is more than mere coincidence. Staying in the class of two-person games with transferable unility, the article presents a more complete theory that expands their solution. Specifically, it presents: (1) a decomposition of a game into cooperative and competiti...