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作者:Duquennois, Claire
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要:Disadvantaged students perform differentially worse when randomly given a financially salient mathematics exam. For students with socioeconomic indicators below the national median, a 10 percentage point increase in the share of monetary themed questions depresses exam performance by 0.026 standard deviations, about 6 percent of their performance gap. Using question-level data, 1 confirm the role of financial salience by comparing performance on monetary and highly similar non-monetary questio...
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作者:Eichenbaum, Martin; Rebelo, Sergio; Wong, Arlene
作者单位:Northwestern University; National Bureau of Economic Research; Northwestern University; Centre for Economic Policy Research - UK; Princeton University
摘要:This paper studies how the impact of monetary policy depends on the distribution of savings from refinancing mortgages. We show that the efficacy of monetary policy is state dependent, varying in a systematic way with the pool of potential savings from refinancing. We construct a quantitative dynamic life-cycle model that accounts for our findings and use it to study how the response of consumption to a change in mortgage rates depends on the distribution of savings from refinancing. These eff...
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作者:DellaVigna, Stefano; List, John A.; Malmendier, Ulrike; Rao, Gautam
作者单位:University of California System; University of California Berkeley; National Bureau of Economic Research; University of Chicago; Harvard University
摘要:We design three field experiments to estimate how workers' social preferences toward their employer motivates their work effort. We vary the pay rates offered to workers, the return to the employer, and employer generosity demonstrated via unexpected gifts. Workers exert effort even without private incentives, but their effort is insensitive to the return to the employer. This is consistent with warm glow but not pure altruism. The gifts have no effect on productivity, but engender extra work....
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作者:Dhar, Diva; Jain, Tarun; Jayachandran, Seema
作者单位:University of Oxford; Indian Institute of Management (IIM System); Indian Institute of Management Ahmedabad; Northwestern University
摘要:This paper evaluates an intervention in India that engaged adolescent girls and boys in classroom discussions about gender equality for two years, aiming to reduce their support for societal norms that restrict women's and girls' opportunities. Using a randomized controlled trial, we find that the program made attitudes more supportive of gender equality by 0.18 standard deviations, or, equivalently, converted 16 percent of regressive attitudes. When we resurveyed study participants two years ...
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作者:Madsen, Erik
作者单位:New York University
摘要:I study how an organization should manage a project of uncertain scope, when it is advised by a privately informed expert who prefers to prolong his employment. The optimal long-term contract combines a deadline for project completion and incentive payments which decline as the deadline approaches. When the firm can additionally learn about the project's state from output, the optimal deadline exhibits variable sensitivity to output, with a hard deadline at the outset of the project and increa...
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作者:Tilipman, Nicholas
作者单位:University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital
摘要:This paper studies employer incentives in designing health insurance provider networks and whether observed offerings reflect preferences that are aligned with employees. I estimate a model of supply and demand where I endogenize employer health plan offerings with respect to hospital and physician networks. I find that employers overprovide broad networks by overweighting the preferences of certain employees, specifically older workers and those in regions with less provider competition, over...
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作者:Balan, Pablo; Bergeron, Augustin; Tourek, Gabriel; Weigel, Jonathan L.
作者单位:Tel Aviv University; Stanford University; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; University of California System; University of California Berkeley; Centre for Economic Policy Research - UK
摘要:This paper investigates the trade-offs between local elites and state agents as tax collectors in low-capacity states. We study a randomized policy experiment assigning neighborhoods of a large Congolese city to property tax collection by city chiefs or state agents. Chief collection raised tax compliance by 3.2 percentage points, increasing revenue by 44 percent. Chiefs collected more bribes but did not undermine tax morale or trust in government. Results from a hybrid treatment arm in which ...
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作者:Hoekstra, Mark; Sloan, CarlyWill
作者单位:Claremont Colleges; Claremont Graduate University; Texas A&M University System; Texas A&M University College Station; National Bureau of Economic Research; IZA Institute Labor Economics
摘要:This paper examines race and police use of force using data on 1.6 million 911 calls in two cities, neither of which allows for discretion in officer dispatch. Results indicate White officers increase force much more than minority officers when dispatched to more minority neighborhoods. Estimates indicate Black (Hispanic) civilians are 55 (75) percent more likely to experience any force, and five times as likely to experience a police shooting, compared to if White officers scaled up force sim...
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作者:Hussam, Reshmaan; Rigol, Natalia; Roth, Benjamin N.
作者单位:Harvard University
摘要:Identifying high-growth microentrepreneurs in low-income countries remains a challenge due to a scarcity of verifiable information. With a cash grant experiment in India we demonstrate that community knowledge can help target high-growth microentrepreneurs; while the average marginal return to capital in our sample is 9.4 percent per month, microentrepreneurs reported in the top third of the community are estimated to have marginal returns to capital between 24 percent and 30 percent per month...
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作者:Levy, Gilat; Razin, Ronny; Young, Alwyn
作者单位:University of London; London School Economics & Political Science
摘要:We develop a dynamic model of political competition between two groups that differ in their subjective model of the data generating process for a common outcome. One group has a simpler model than the other group as they ignore some relevant policy variables. We show that policy cycles must arise and that simple world views-which can be interpreted as populist world views-imply extreme policy choices. Periods in which those with a more complex model govern increase the specification error of t...