-
作者:Dell, Melissa
作者单位:Massachusetts Institute of Technology (MIT)
摘要:This study utilizes regression discontinuity to examine the long-run impacts of the mita, an extensive forced mining labor system in effect in Peru and Bolivia between 1573 and 1812. Results indicate that a mita effect lowers household consumption by around 25% and increases the prevalence of stunted growth in children by around 6 percentage points in subjected districts today. Using data from the Spanish Empire and Peruvian Republic to trace channels of institutional persistence, I show that ...
-
作者:Abrevaya, Jason; Hausman, Jerry A.; Khan, Shakeeb
作者单位:University of Texas System; University of Texas Austin; Massachusetts Institute of Technology (MIT); Duke University
摘要:A unifying framework to test for causal effects in nonlinear models is proposed. We consider a generalized linear-index regression model with endogenous regressors and no parametric assumptions on the error disturbances. To test the significance of the effect of an endogenous regressor, we propose a statistic that is a kernel-weighted version of the rank correlation statistic (tau) of Kendall (1938). The semiparametric model encompasses previous cases considered in the literature (continuous e...
-
作者:Engelmann, Dirk; Hollard, Guillaume
作者单位:University of Mannheim; Czech Academy of Sciences; Economics Institute of the Czech Academy of Sciences; University of Copenhagen; Paris School of Economics; Centre National de la Recherche Scientifique (CNRS)
摘要:Simple exchange experiments have revealed that participants trade their endowment less frequently than standard demand theory would predict. List (2003a) found that the most experienced dealers acting in a well functioning market are not subject to this exchange asymmetry, suggesting that a significant amount of market experience is required to overcome it. To understand this market-experience effect, we introduce a distinction between two types of uncertainty-choice uncertainty and trade unce...
-
作者:Pakes, A.
作者单位:Harvard University
摘要:Behavioral choice models generate inequalities which, when combined with additional assumptions, can be used as a basis for estimation. This paper considers two sets of such assumptions and uses them in two empirical examples. The second example examines the structure of payments resulting from the upstream interactions in a vertical market. I then mimic the empirical setting for this example in a numerical analysis which computes actual equilibria, examines how their characteristics vary with...