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作者:Delfino, Alexia
作者单位:Bocconi University; Bocconi University
摘要:I investigate men's limited entry into female -dominated sectors through a large-scale field experiment. The design exogenously varies recruitment messages by showing photographs of current workers ( male or female ) and providing information on the share of workers who received high evaluations in the past ( higher or lower ) . A male photograph has no impact on men's applications, but informing about a lower share of high evaluations encourages men to apply and enables the employer to hire a...
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作者:Kekre, Rohan; Lenel, Moritz
作者单位:National Bureau of Economic Research; Princeton University
摘要:We study a business cycle model of the international monetary system featuring a time -varying demand for safe dollar bonds , greater risk -bearing capacity in the United States than the rest of the world , and nominal rigidities. A flight to safety generates a dollar appreciation and decline in global output. Dollar bonds thus command a negative risk premium, and the United States holds a levered portfolio of capital financed in dollars. We quantify the effects of safety shocks and heterogene...
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作者:Kim, Seongeun; Tertilt, Michele; Yum, Minchul
作者单位:Sejong University; University of Mannheim; University of Southampton
摘要:South Koreans appear to be preoccupied with their offspring's education and also have the lowest total fertility rate in the world. We propose a novel theory with status externalities and endogenous fertility connecting these facts, motivated by novel empirical evidence on private education spillovers. Using a quantitative model calibrated to Korea, we find that fertility would be 28 percent higher without the externality. We explore the effects of government policy: a pro-natal transfer or an...
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作者:Frick, Mira; Iijima, Ryota; Ishii, Yuhta
作者单位:Yale University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:We study robust welfare comparisons of learning biases (misspecified signal distribution, we deem one bias more harmful than another if it yields lower objective expected payoffs in all decision problems. We characterize this ranking in static and dynamic settings. While the static characterization compares posteriors signal by signal, the dynamic characterization employs an efficiency index measuring how fast beliefs converge. We quantify and compare the severity of several well-documented bi...
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作者:Kuka, Elira; Shenhav, Na'ama
作者单位:George Washington University; National Bureau of Economic Research; Federal Reserve System - USA; Federal Reserve Bank - San Francisco; Dartmouth College
摘要:This paper identifies the impact of increasing post -childbirth work incentives on mothers'long-run careers. We exploit variation in work incentives across mothers based on the timing of a first birth and eligibility for the 1993 expansion of the Earned Income Tax Credit. Ten to nineteen years after a first birth , single mothers who were exposed to the expansion immediately after birth ( early ), rather than 3-6 years later ( late ), have 0.62 more years of work experience and 4.2 percent hig...
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作者:Hurst, Erik; Rubinstein, Yona; Shimizu, Kazuatsu
作者单位:University of Chicago; University of London; London School Economics & Political Science; University of Houston System; University of Houston; Massachusetts Institute of Technology (MIT)
摘要:We develop a task -based model of occupational sorting to identify and quantify the effect of discrimination, racial skill gaps, and aggregate task prices on Black -White differences in labor market outcomes over time. At the heart of our framework is the idea that the size and nature of racial barriers faced by Black workers vary by the task requirements of each job. We define a new task that measures the extent to which individuals interact with others as part of their job. We show that this...
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作者:Lashkari, Danial; Bauer, Arthur; Boussard, Jocelyn
作者单位:Federal Reserve System - USA; Federal Reserve Bank - New York; Institut Polytechnique de Paris; ENSAE Paris
摘要:What are the implications of the dramatic fall in IT prices for aggregate technology? When firm-level technologies are continuously differentiable , a factor price shock leads to ( i ) a substitution between factors and / or ( ii ) an endogenous response of returns to scale. The second channel is governed by the output elasticity of relative factor demand. Using detailed firm-level data from France , we estimate this elasticity to be positive for IT factor demand. A quantitative exercise accou...
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作者:Goldin, Claudia
作者单位:Harvard University; Harvard University
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作者:Choi, Jiwon; Kuziemko, Ilyana; Washington, Ebonya; Wright, Gavin
作者单位:Brandeis University; Princeton University; National Bureau of Economic Research; Columbia University; Stanford University
摘要:Why have white , less -educated voters left the Democratic Party? We highlight the role of the 1994 North American Free Trade Agreement ( NAFTA ) . In event -study analysis , we demonstrate that counties whose 1990 employment depended on industries vulnerable to NAFTA suffered large and persistent employment losses after its implementation. Voters in these counties ( and protectionist voters regardless of geography ) turned away from the party of President Clinton , who promoted the agreement....
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作者:Lashkari, Danial; Bauer, Arthur; Boussard, Jocelyn
作者单位:Federal Reserve System - USA; Federal Reserve Bank - New York; Institut Polytechnique de Paris; ENSAE Paris
摘要:What are the implications of the dramatic fall in IT prices for aggregate technology? When firm-level technologies are continuously differentiable , a factor price shock leads to ( i ) a substitution between factors and / or ( ii ) an endogenous response of returns to scale. The second channel is governed by the output elasticity of relative factor demand. Using detailed firm-level data from France , we estimate this elasticity to be positive for IT factor demand. A quantitative exercise accou...