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作者:Malmendier, Ulrike; Schmidt, Klaus M.
作者单位:University of California System; University of California Berkeley; University of Munich
摘要:In business and politics, gifts are often aimed at influencing the recipient at the expense of third parties. In an experimental study, which removes informational and incentive confounds, subjects strongly respond to small gifts even though they understand the gift giver's intention. Our findings question existing models of social preferences. They point to anthropological and sociological theories about gifts creating an obligation to reciprocate. We capture these effects in a simple extensi...
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作者:Krusell, Per; Mukoyama, Toshihiko; Rogerson, Richard; Sahin, Aysegul
作者单位:University of Gothenburg; Stockholm University; Centre for Economic Policy Research - UK; National Bureau of Economic Research; Georgetown University; University of Virginia; Princeton University; Federal Reserve System - USA; Federal Reserve Bank - New York
摘要:We build a hybrid model of the aggregate labor market that features both standard labor supply forces and frictions in order to study the cyclical properties of gross worker flows across the three labor market states: employment, unemployment, and nonparticipation. Our parsimonious model is able to capture the key features of the cyclical movements in gross worker flows. Despite the fact that the wage per efficiency unit is constant over time, intertemporal substitution plays an important role...
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作者:Ashraf, Nava; Field, Erica; Rusconi, Giuditta; Voena, Alessandra; Ziparo, Roberta
作者单位:University of London; London School Economics & Political Science; Duke University; University of Chicago; Centre National de la Recherche Scientifique (CNRS); Aix-Marseille Universite
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作者:Autor, David; Dorn, David; Katz, Lawrence F.; Patterson, Christina; Van Reenen, John
作者单位:Massachusetts Institute of Technology (MIT); University of Zurich; Harvard University
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作者:Bose, Nayana; Das, Shreyasee
作者单位:Claremont Colleges; Scripps College; University of Wisconsin System; University of Wisconsin Whitewater
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作者:Brunnermeier, Markus K.; Sockin, Michael; Xiong, Wei
作者单位:Princeton University; University of Texas System; University of Texas Austin
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作者:Guvenen, Fatih; Schulhofer-Wohl, Sam; Song, Jae; Yogo, Motohiro
作者单位:University of Minnesota System; University of Minnesota Twin Cities; National Bureau of Economic Research; Federal Reserve System - USA; Federal Reserve Bank - Chicago; Princeton University
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作者:Huang, Jennie; Low, Corinne
作者单位:University of Pennsylvania
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作者:Luo, Ye; Wang, Hai
作者单位:State University System of Florida; University of Florida; Singapore Management University
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作者:Niederle, Muriel
作者单位:Stanford University; National Bureau of Economic Research