2016

最新文章

• Identity Economics 2016: Where Do Social Distinctions and Norms Come From? AI翻译
  作者：Kranton, Rachel E.
  作者单位：Duke University
• Can We Restart the Recovery All Over Again? AI翻译
  作者：Taylor, John B.
  作者单位：Stanford University
• Building State Capacity: Evidence from Biometric Smartcards in India AI翻译
  作者：Muralidharan, Karthik; Niehaus, Paul; Sukhtankar, Sandip
  作者单位：University of California System; University of California San Diego; University of Virginia
  摘要：Antipoverty programs in developing countries are often difficult to implement; in particular, many governments lack the capacity to deliver payments securely to targeted beneficiaries. We evaluate the impact of biometrically authenticated payments infrastructure (Smartcards) on beneficiaries of employment (NREGS) and pension (SSP) programs in the Indian state of Andhra Pradesh, using a large-scale experiment that randomized the rollout of Smartcards over 157 subdistricts and 19 million people....
• A Behavioral Analysis of Stochastic Reference Dependence AI翻译
  作者：Masatlioglu, Yusufcan; Raymond, Collin
  作者单位：University System of Maryland; University of Maryland College Park; Amherst College
  摘要：We examine the reference-dependent risk preferences of Koszegi and Rabin (2007), focusing on their choice-acclimating personal equilibria. Although their model has only a trivial intersection (expected utility) with other reference-dependent models, it has very strong connections with models that rely on different psychological intuitions. We prove that the intersection of rank-dependent utility and quadratic utility, two well-known generalizations of expected utility, is exactly monotone line...
• Runs on Money Market Mutual Funds AI翻译
  作者：Schmidt, Lawrence; Timmermann, Allan; Wermers, Russ
  作者单位：University of Chicago; University of California System; University of California San Diego; University System of Maryland; University of Maryland College Park
  摘要：We study daily money market mutual fund flows at the individual share class level during September 2008. This fine granularity of data allows new insights into investor and portfolio holding characteristics conducive to run risk in cash-like asset pools. We find that cross-sectional flow data observed during the week of the Lehman failure are consistent with key implications of a simple model of coordination with incomplete information and strategic complementarities. Similar conclusions follo...
• Agricultural Productivity and Structural Transformation: Evidence from Brazil AI翻译
  作者：Bustos, Paula; Caprettini, Bruno; Ponticelli, Jacopo
  作者单位：University of Zurich; University of Chicago
  摘要：We study the effects of the adoption of new agricultural technologies on structural transformation. To guide empirical work, we present a simple model where the effect of agricultural productivity on industrial development depends on the factor-bias of technical change. We test the predictions of the model by studying the introduction of genetically engineered soybean seeds in Brazil, which had heterogeneous effects on agricultural productivity across areas with different soil and weather char...
• Measuring and Understanding Behavior, Welfare, and Poverty AI翻译
  作者：Deaton, Angus
  作者单位：Princeton University
• Patents and Research Investments: Assessing the Empirical Evidence AI翻译
  作者：Budish, Eric; Roin, Benjamin N.; Williams, Heidi
  作者单位：University of Chicago; Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT)
• Making Private Data Accessible in an Opaque Industry: The Experience of the Private Capital Research Institute AI翻译
  作者：Jeng, Leslie; Lerner, Josh
  作者单位：Harvard University
• Rethinking Protection of Those Displaced by Humanitarian Crises AI翻译
  作者：Martin, Susan F.
  作者单位：Georgetown University