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作者:Einav, Liran; Finkelstein, Amy; Oostrom, Tamar; Ostriker, Abigail; Williams, Heidi
作者单位:Stanford University; National Bureau of Economic Research; Massachusetts Institute of Technology (MIT); University System of Ohio; Ohio State University
摘要:We analyze selection into screening in the context of recommendations that breast cancer screening start at age 40. Combining medical claims with a clinical oncology model, we document that compliers with the recommendation are less likely to have cancer than younger women who select into screening or women who never screen. We show this selection is quantitatively important: shifting the recommendation from age 40 to 45 results in three times as many deaths if compliers were randomly selected...
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作者:Andrabi, Tahir; Das, Jishnu; Khwaja, Asim, I; Ozyurt, Selcuk; Singh, Niharika
作者单位:Claremont Colleges; Pomona College; Georgetown University; Harvard University; York University - Canada
摘要:We assess whether financing can help private schools, which now account for one-third of primary school enrollment in low- and middle-income countries. Our experiment allocated unconditional cash grants to either one (L) or all (H) private schools in a village. In both, arms, enrollment and revenues increased, leading to above market returns. However, test scores increased only in H schools, accompanied by higher fees, and a greater focus on teachers. We provide a model demonstrating that mark...
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作者:Cai, Jing; de Janvry, Alain; Sadoulet, Elisabeth
作者单位:University System of Maryland; University of Maryland Baltimore; National Bureau of Economic Research; University of California System; University of California Berkeley
摘要:Using data from a two-year pricing experiment, we study the impact of subsidy policies on weather insurance take-up. Results show that subsidies increase future insurance take-up through their influence on payout experiences. Exploring mechanisms of the payout effect, we find that for households that randomly benefited from financial education, receiving a payout provides a one-time learning experience that improves take-up permanently. In contrast, households with poor insurance knowledge con...
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作者:Feyrer, James; Mansur, Erin T.; Sacerdote, Bruce, I
作者单位:Dartmouth College; Dartmouth College
摘要:Measuring the geographic spillovers from an economic shock remains a challenging econometric problem. In Feyrer, Mansur, and Sacerdote (2017) we study the propagation of positive shocks from the recent boom in oil and gas production in the United States. We regress changes in income per capita on new energy production per capita within increasingly larger geographic circles. James and Smith (2020) proposes instead a single regression of county income per capita on energy production from succes...
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作者:Sugaya, Takuo; Wolitzky, Alexander
作者单位:Stanford University; Massachusetts Institute of Technology (MIT)
摘要:We study anonymous repeated games where players may be commitment types who always take the same action. We establish a stark anti-folk theorem: if the distribution of the number of commitment types satisfies a smoothness condition and the game has a pairwise dominant action, this action is almost always taken. This implies that cooperation is impossible in the repeated prisoner's dilemma with anonymous random matching. We also bound equilibrium pay-offs for general games. Our bound implies th...
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作者:Armand, Alex; Coutts, Alexander; Vicente, Pedro C.; Vilela, Ines
作者单位:Universidade Nova de Lisboa; Universidade Nova de Lisboa; Universidade Nova de Lisboa; University of London; Royal Holloway University London
摘要:Natural resources can have a negative impact on the economy through corruption and civil conflict. This paper tests whether information can counteract this political resource curse. We implement a large-scale field experiment following the dissemination of information about a substantial natural gas discovery in Mozambique. We measure outcomes related to the behavior of citizens and local leaders through georeferenced conflict data, behavioral activities, lab-in-the-field experiments, and surv...
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作者:Verner, Emil; Gyongyosi, Gyozo
作者单位:Massachusetts Institute of Technology (MIT); Leibniz Association; Institut fur Weltwirtschaft an der Universitat Kiel (IFW)
摘要:We examine the consequences of a sudden increase in household debt burdens by exploiting variation in exposure to household foreign currency debt during Hungary's late-2008 currency crisis. The revaluation of debt burdens causes higher default rates and a collapse in spending. These responses lead to a worse local recession, driven by a decline in local demand, and negative spillover effects on nearby borrowers without foreign currency debt. The estimates translate into an output multiplier on...
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作者:Banerjee, Abhijit, V; Chassang, Sylvain; Montero, Sergio; Snowberg, Erik
作者单位:Massachusetts Institute of Technology (MIT); New York University; University of Rochester; University of British Columbia
摘要:This paper studies the problem of experiment design by an ambiguity-averse decision-maker who trades off subjective expected performance against robust performance guarantees. This framework accounts for real-world experimenters' preference for randomization. It also clarifies the circumstances in which randomization is optimal: when the available sample size is large and robustness is an important concern. We apply our model to shed light on the practice of rerandomization, used to improve ba...
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作者:Jones, Charles, I; Tonetti, Christopher
作者单位:Stanford University; National Bureau of Economic Research
摘要:Data is nonrival: a person's location history, medical records, and driving data can be used by many firms simultaneously. Nonrivalry leads to increasing returns. As a result, there may be social gains to data being used broadly across firms, even in the presence of privacy considerations. Fearing creative destruction, firms may choose to hoard their data, leading to the inefficient use of nonrival data. Giving data property rights to consumers can generate allocations that are close to optima...
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作者:Bocola, Luigi; Lorenzoni, Guido
作者单位:Stanford University; Northwestern University
摘要:Foreign currency debt is considered a source of financial instability in emerging markets. We propose a theory in which liability dollarization arises from an insurance motive of domestic savers. Since financial crises are associated to depreciations, savers ask for a risk premium when saving in local currency. This force makes domestic currency debt expensive, and incentivizes borrowers to issue foreign currency debt. Providing ex post support to borrowers can alleviate the effect of the cris...