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作者：Hirano, Keisuke
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
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作者：Bau, Natalie; Matray, Adrien
作者单位：University of California System; University of California Los Angeles; National Bureau of Economic Research; Centre for Economic Policy Research - UK; Princeton University; National Bureau of Economic Research
摘要：We show that foreign capital liberalization reduces capital misallocation and increases aggregate productivity for affected industries in India. The staggered liberalization of access to foreign capital across disaggregated industries allows us to identify changes in firms' input wedges, overcoming major challenges in the measurement of the effects of changing misallocation. Liberalization increases capital overall. For domestic firms with initially high marginal revenue products of capital (M...
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作者：Gu, Jiaying; Koenker, Roger
作者单位：University of Toronto; University of London; University College London
摘要：There is an innate human tendency, one might call it the league table mentality, to construct rankings. Schools, hospitals, sports teams, movies, and myriad other objects are ranked even though their inherent multi-dimensionality would suggest that-at best-only partial orderings were possible. We consider a large class of elementary ranking problems in which we observe noisy, scalar measurements of merit for n objects of potentially heterogeneous precision and are asked to select a group of th...
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作者：Mogstad, Magne; Romano, Joseph P.; Shaikh, Azeem M.; Wilhelm, Daniel
作者单位：University of Chicago; National Bureau of Economic Research; Stanford University; Stanford University; University of London; University College London
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作者：Tebaldi, Pietro; Torgovitsky, Alexander; Yang, Hanbin
作者单位：Columbia University; National Bureau of Economic Research; University of Chicago; Harvard University
摘要：We develop a new nonparametric approach for discrete choice and use it to analyze the demand for health insurance in the California Affordable Care Act marketplace. The model allows for endogenous prices and instrumental variables, while avoiding parametric functional form assumptions about the unobserved components of utility. We use the approach to estimate bounds on the effects of changing premiums or subsidies on coverage choices, consumer surplus, and government spending on subsidies. We ...
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作者：[Anonymous]
