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作者:Chaney, Thomas
作者单位:Institut d'Etudes Politiques Paris (Sciences Po)
摘要:The gravity equation in international trade states that bilateral exports are proportional to economic size and inversely proportional to geographic distance. While the role of size is well understood, that of distance remains mysterious. I offer an explanation for the role of distance: If (i) the distribution of firm sizes is Pareto, (ii) the average squared distance of a firm's exports is an increasing power function of its size, and (iii) a parameter restriction holds, then the distance ela...
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作者:Alan, Sule; Ertac, Seda
作者单位:University of Essex; Koc University
摘要:We evaluate the impact of a randomized educational intervention on children's intertemporal choices. The intervention aims to improve the ability to imagine future selves and encourages forward-looking behavior using a structured curriculum delivered by children's own trained teachers. We find that treated students make more patient intertemporal decisions in incentivized experimental tasks. The results persist almost 3 years after the intervention, replicate well in a different sample, and ar...
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作者:Desmet, Klaus; Krisztian Nagy, David; Rossi-Hansberg, Esteban
作者单位:Southern Methodist University; Centre de Recerca en Economia Internacional (CREI); Princeton University
摘要:We develop a dynamic spatial growth theory with realistic geography. We characterize the model and its balanced-growth path and propose a methodology to analyze equilibria with different levels of migration frictions. Different migration scenarios change local market size, innovation incentives, and the evolution of technology. We bring the model to the data for the whole world economy at a 1 degrees x 1 degrees geographic resolution. We then use the model to quantify the gains from relaxing m...
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作者:Dur, Umut; Kominers, Scott Duke; Pathak, Parag A.; Sonmez, Tayfun
作者单位:North Carolina State University; Harvard University; National Bureau of Economic Research; Massachusetts Institute of Technology (MIT); Boston College
摘要:We show that in the presence of admissions reserves, the effect of the precedence order (i.e., the order in which different types of seats are filled) is comparable to the effect of adjusting reserve sizes. Either lowering the precedence of reserve seats at a school or increasing the school's reserve size weakly increases reserve-group assignment at that school. Using data from Boston Public Schools, we show that reserve and precedence adjustments have similar quantitative effects. Transparenc...
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作者:Bailey, Michael; Cao, Ruiqing; Kuchler, Theresa; Stroebel, Johannes
作者单位:Facebook Inc; Harvard University; New York University; National Bureau of Economic Research; New York University; Centre for Economic Policy Research - UK
摘要:We show how data from online social networking services can help researchers better understand the effects of social interactions on economic decision making. We combine anonymized data from Facebook, the largest online social network, with housing transaction data and explore both the structure and the effects of social networks. Individuals whose geographically distant friends experienced larger recent house price increases are more likely to transition from renting to owning. They also buy ...
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作者:Cornelissen, Thomas; Dustmann, Christian; Raute, Anna; Schonberg, Uta
作者单位:University of York - UK; University of London; University College London; University of London; Queen Mary University London; University of London; University College London
摘要:We examine heterogeneous treatment effects of a universal child care program in Germany by exploiting variation in attendance caused by a reform that led to a large expansion staggered across municipalities. Drawing on novel administrative data from the full population of compulsory school entry examinations, we find that children with lower (observed and unobserved) gains are more likely to select into child care than children with higher gains. Children from disadvantaged backgrounds are les...
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作者:Luo, Yao; Perrigne, Isabelle; Vuong, Quang
作者单位:University of Toronto; Rice University; New York University
摘要:This paper proposes a new methodology for analyzing nonlinear pricing data. We establish identification of the model primitives with a known tariff and characterize the model restrictions on observables. We propose a quantile-based nonparametric estimator that achieves consistency at the parametric rate. We introduce unobserved product heterogeneity with an unknown tariff and show how our identification and estimation results extend. A Monte Carlo study analyzes the robustness of our methodolo...
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作者:Todd, Petra; Wolpin, Kenneth I.
作者单位:University of Pennsylvania; Rice University
摘要:This paper estimates a model of the effort decisions of students and teachers in a classroom setting to understand the performance of Mexican high school students on curriculum-based examinations. The model allows for student heterogeneity in initial mathematics preparation and knowledge preference and for teacher heterogeneity in instructional ability and preferences for student knowledge. Survey data include multiple measurements of student and teacher effort, student and teacher preferences...
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作者:Alan, Sule; Browning, Martin; Ejrnaes, Mette
作者单位:University of Essex; University of Oxford; University of Copenhagen
摘要:We develop a model of consumption and income that allows for pervasive heterogeneity in the parameters of both processes. Introducing codependence between household income parameters and preference parameters, we also allow for heterogeneity in the impact of income shocks on consumption. We estimate the parameters of the model using a sample from the Panel Study of Income Dynamics, covering the period 1968-2009. We find considerable codependent heterogeneity in the parameters governing income ...
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作者:Fox, Jeremy T.; Yang, Chenyu; Hsu, David H.
作者单位:Rice University; National Bureau of Economic Research; University of Rochester; University of Pennsylvania
摘要:Agents in two-sided matching games vary in characteristics that are unobservable in typical data on matching markets. We investigate the identification of the distribution of unobserved characteristics using data on who matches with whom. In full generality, we consider manyto-many matching and matching with trades. The distribution of matchspecific unobservables cannot be fully recovered without information on unmatched agents, but the distribution of a combination of unobservables, which we ...