2017

最新文章

• Does Public Assistance Reduce Recidivism? AI翻译
  作者：Yang, Crystal S.
  作者单位：Harvard University
• Transferability of Skills across Sectors and Heterogeneous Displacement Costs AI翻译
  作者：Yi, Moises; Mueller, Steffen; Stegmaier, Jens
  作者单位：Leibniz Association; Leibniz Institut fur Wirtschaftsforschung Halle (IWH)
• How to Control Controlled School Choice: Comment AI翻译
  作者：Dogan, Battal
  作者单位：University of Lausanne
  摘要：Echenique and Yenmez (2015), in Theorem 2, characterize choice rules that are generated by reserves for the priority. We show that the only if part is not correct. We exhibit a choice rule that is generated by reserves for the priority but violates one of their axioms. We reformulate the axiom and repair the result.
• Search at the Margin AI翻译
  作者：Carrasco, Jose A.; Smith, Lones
  摘要：We extend search theory to multiple indivisible units and perfectly divisible assets, solving them respectively with induction and recursion. Buyer demands and prices are random, and the seller can partially exercise orders. With divisible assets, the Bellman value function is increasing and strictly concave, and the optimal reservation price falls in the position, reflecting increasing holding costs (opportunity cost of delaying optionality for inframarginal units). The marginal value exists,...
• Policy Analysis in Matching Markets AI翻译
  作者：Agarwal, Nikhil
  作者单位：Massachusetts Institute of Technology (MIT); National Bureau of Economic Research
• Learning Outcomes for Economists AI翻译
  作者：Allgood, Sam; Bayer, Amanda
  作者单位：University of Nebraska System; University of Nebraska Lincoln; Swarthmore College
• Rents, Technical Change, and Risk Premia Accounting for Secular Trends in Interest Rates, Returns on Capital, Earning Yields, and Factor Shares AI翻译
  作者：Caballero, Ricardo J.; Farhi, Emmanuel; Gourinchas, Pierre-Olivier
  作者单位：Massachusetts Institute of Technology (MIT); Harvard University; University of California System; University of California Berkeley
• Foreword AI翻译
  作者：Roth, Alvin E.
  作者单位：Stanford University
• Do Expiring Budgets Lead to Wasteful Year-End Spending? Evidence from Federal Procurement AI翻译
  作者：Liebman, Jeffrey B.; Mahoney, Neale
  作者单位：Harvard University; University of Chicago
  摘要：Many organizations have budgets that expire at the end of the fiscal year and may face incentives to rush to spend resources on low-quality projects at year's end. We test these predictions using data on procurement spending by the US federal government. Spending in the last week of the year is 4.9 times higher than the rest-of-the-year weekly average, and year-end information technology projects have substantially lower quality ratings. We also analyze the gains from allowing agencies to roll...
• Measuring the Impacts of Teachers: Comment AI翻译
  作者：Rothstein, Jesse
  作者单位：University of California System; University of California Berkeley; University of California System; University of California Berkeley
  摘要：Chetty, Friedman, and Rockoff (2014a, b) study value-added (VA) measures of teacher effectiveness. CFR (2014a) exploits teacher switching as a quasi-experiment, concluding that student sorting creates negligible bias in VA scores. CFR (2014b) finds VA scores are useful proxies for teachers' effects on students' long-run outcomes. I successfully reproduce each in North Carolina data. But I find that the quasi-experiment is invalid, as teacher switching is correlated with changes in student prep...