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作者：Benkert, Jean-Michel; Netzer, Nick
作者单位：University of Zurich
摘要：A nudge is a paternalistic government intervention that attempts to improve choices by changing the framing of a decision problem. We propose a welfare-theoretic foundation for nudging similar in spirit to the classical revealed preference approach, by investigating a framework in which preferences and mistakes of an agent can be elicited from her choices under different frames. We provide characterizations of the classes of behavioral models in which the information required for nudging can o...
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作者：Banerjee, Abhijit; Hanna, Rema; Kyle, Jordan; Olken, Benjamin A.; Sumarto, Sudarno
作者单位：Massachusetts Institute of Technology (MIT); Harvard University; CGIAR; International Food Policy Research Institute (IFPRI)
摘要：Redistribution programs in developing countries often leak because local officials do not implement programs as the central government intends. We study one approach to reducing leakage. In an experiment in over 550 villages, we test whether mailing cards with program information to targeted beneficiaries increases the subsidy they receive from a subsidized rice program. On net, beneficiaries received 26 percent more subsidy in card villages. Ineligible households received no less, so this rep...
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作者：Baker, Scott R.
作者单位：Northwestern University
摘要：The increasing availability of data derived from linked consumer financial accounts has the potential to dramatically expand the potential for research. Examining the most comprehensive existing set of linked-account data, consisting of transaction and balance sheet data for millions of Americans, I demonstrate the power and versatility of such sources. I discuss advantages and concerns arising from this type of data and match a range of distributional moments to external sources. As one appli...
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作者：Manea, Mihai
作者单位：Stanford University
摘要：I study intermediation via sequential bilateral bargaining in markets with a network structure. A partition of the network into layers captures intermediation power. Competition governs trade within layers, and hold-ups generate intermediation rents in transactions between layers. Each trader's intermediation power reflects the competition among intermediation chains as measured by the number of layers separating the trader from buyers. Trade does not maximize welfare or minimize intermediatio...
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作者：Liang, James; Wang, Hui; Lazear, Edward P.
作者单位：Peking University; Stanford University
摘要：Entrepreneurship requires energy and creativity as well as business acumen. Some factors that contribute to entrepreneurship decline with age, but business skills increase with experience in high-level positions. Having too many older workers in society slows entrepreneurship. When older workers occupy key positions, they block younger workers from acquiring skills. A theory is formulated and tested using the Global Entrepreneurship Monitor data. A one standard deviation decrease in a country'...
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作者：Lindbeck, Assar; Persson, Mats
作者单位：Stockholm University; Research Institute of Industrial Economics (IFN)
摘要：We analyze how insurance arrangements, labor supply, moral hazard, and outright cheating are affected by social norms. One question is under what conditions norms may improve social welfare. Another is under what conditions people should be allowed to opt out of social insurance. We introduce an informal production sector to analyze the consequences of alternative assumptions about the information available to norm enforcers. This highlights one important aspect of norms, namely, that they may...
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作者：Blundell, Richard; Pistaferri, Luigi; Saporta-Eksten, Itay
作者单位：University of London; University College London; University of London; London School Economics & Political Science; Stanford University; Tel Aviv University
摘要：We study choices of households deciding on consumption and allocation of spouses' time to work, leisure, and child care. With uncertainty, the allocation of goods and time over the life cycle also serves the purpose of smoothing marginal utility in response to shocks. Combining data on consumption, wages, hours of work, and time spent with children, we compute the sensitivity of consumption and time allocation to transitory and permanent wage shocks. We find that family labor supply responses ...
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作者：Chiappori, Pierre-Andre; Dias, Monica Costa; Meghir, Costas
作者单位：Columbia University; University of London; London School Economics & Political Science; Universidade do Porto; Yale University; National Bureau of Economic Research; IZA Institute Labor Economics
摘要：We develop an equilibrium life cycle model of education, marriage, labor supply, and consumption in a transferable utility context. Individuals start by choosing their investments in education anticipating returns in the marriage market and the labor market. They then match on the basis of the economic value of marriage and preferences. Equilibrium in the marriage market determines intrahousehold allocation of resources. Following marriage households (married or single) save, supply labor, and...
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作者：Magnac, Thierry; Pistolesi, Nicolas; Roux, Sebastien
作者单位：Universite de Toulouse; Universite Toulouse 1 Capitole; Toulouse School of Economics; European Central Bank; Bank of France
摘要：We propose an original model of human capital investments after leaving school in which individuals differ in their initial human capital obtained at school, their rates of return and costs of human capital investments, and their terminal values of human capital at an arbitrary date in the future. We derive a tractable reduced-form Mincerian model of log earnings profiles along the life cycle that is written as a linear factor model in which levels, growth, and curvature of earnings profiles a...
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作者：Lagakos, David; Moll, Benjamin; Porzio, Tommaso; Qian, Nancy; Schoellman, Todd
作者单位：University of California System; University of California San Diego; National Bureau of Economic Research; Centre for Economic Policy Research - UK; Northwestern University; Federal Reserve System - USA; Federal Reserve Bank - Minneapolis
摘要：This paper documents how life cycle wage growth varies across countries. We harmonize repeated cross-sectional surveys from a set of countries of all income levels and then measure how wages rise with potential experience. Our main finding is that experience-wage profiles are on average twice as steep in rich countries as in poor countries. In addition, more educated workers have steeper profiles than the less educated; this accounts for around one-third of cross-country differences in aggrega...
