2017

最新文章

• Bidder Solicitation, Adverse Selection, and the Failure of Competition AI翻译
  作者：Lauermann, Stephan; Wolinsky, Asher
  作者单位：University of Bonn; Northwestern University
  摘要：We study a common value, first-price auction in which the number of bidders is endogenous: the seller (auctioneer) knows the value and solicits bidders at a cost. The number of bidders, which is unobservable, may thus depend on the true value. Therefore, being solicited conveys information. This solicitation effect may soften competition and impede information aggregation. Under certain conditions, there is an equilibrium in which the seller solicits many bidders, yet the resulting price is no...
• Repugnance Management and Transactions in the Body AI翻译
  作者：Healy, Kieran; Krawiec, Kimberly D.
  作者单位：Duke University; Duke University
• Tying the Double-Knot: The Role of Assets in Marriage Commitment AI翻译
  作者：Lafortune, Jeanne; Low, Corinne
  作者单位：Pontificia Universidad Catolica de Chile; University of Pennsylvania
• Culture, Ethnicity, and Diversity AI翻译
  作者：Desmet, Klaus; Ortuno-Ortin, Ignacio; Wacziarg, Romain
  作者单位：Southern Methodist University; Southern Methodist University; Centre for Economic Policy Research - UK; Universidad Carlos III de Madrid; University of California System; University of California Los Angeles; National Bureau of Economic Research
  摘要：We investigate the empirical relationship between ethnicity and culture, defined as a vector of traits reflecting norms, values, and attitudes. Using survey data for 76 countries, we find that ethnic identity is a significant predictor of cultural values, yet that within-group variation in culture trumps between-group variation. Thus, in contrast to a commonly held view, ethnic and cultural diversity are unrelated. Although only a small portion of a country's overall cultural heterogeneity occ...
• The Empirical Implications of the Interest-Rate Lower Bound AI翻译
  作者：Gust, Christopher; Herbst, Edward; Lopez-Salido, David; Smith, Matthew E.
  作者单位：Federal Reserve System - USA; Federal Reserve System Board of Governors
  摘要：Using Bayesian methods, we estimate a nonlinear DSGE model in which the interest-rate lower bound is occasionally binding. We quantify the size and nature of disturbances that pushed the US economy to the lower bound in late 2008 as well as the contribution of the lower bound constraint to the resulting economic slump. We find that the interest-rate lower bound was a significant constraint on monetary policy that exacerbated the recession and inhibited the recovery, as our mean estimates imply...
• Measuring the Impacts of Teachers: Reply AI翻译
  作者：Chetty, Raj; Friedman, John N.; Rockoff, Jonah E.
  作者单位：Stanford University; Brown University; Columbia University
  摘要：Rothstein (2017) successfully replicates Chetty, Friedman, and Rockoff's (2014a, b)-henceforth, CFR's-results using data from North Carolina, but raises concerns about CFR's methods. We show that Rothstein's methodological critiques are invalid by presenting simulations and supplementary empirical evidence which show that (i) his preferred imputation of missing data generates bias; (ii) his placebo test rejects valid research designs; and (iii) his method of controlling for covariates yields i...
• Replication, Meta-Analysis, and Research Synthesis in Economics AI翻译
  作者：Anderson, Richard G.; Kichkha, Areerat
• Shopping While Female: Who Pays Higher Prices and Why? AI翻译
  作者：Fitzpatrick, Anne
  作者单位：University of Massachusetts System; University of Massachusetts Boston
• MISTAKES IN DOMINANT-STRATEGY MECHANISMS The Mechanism Is Truthful, Why Aren't You? AI翻译
  作者：Hassidim, Avinatan; Marciano, Deborah; Romm, Assaf; Shorrer, Ran I.
  作者单位：Bar Ilan University; Hebrew University of Jerusalem; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
• The Role of Unemployment in the Rise in Alternative Work Arrangements AI翻译
  作者：Katz, Lawrence F.; Krueger, Alan B.
  作者单位：Harvard University; Princeton University