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作者：Li, Hongbin; Shi, Xinzheng; Wu, Binzhen
作者单位：Tsinghua University
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作者：Lowes, Sara; Nunn, Nathan; Robinson, James A.; Weigel, Jonathan
作者单位：Harvard University; Harvard University
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作者：Kuziemko, Ilyana; Norton, Michael I.; Saez, Emmanuel; Stantcheva, Stefanie
作者单位：Princeton University; Harvard University; University of California System; University of California Berkeley; Harvard University
摘要：We analyze randomized online survey experiments providing interactive, customized information on US income inequality, the link between top income tax rates and economic growth, and the estate tax. The treatment has large effects on views about inequality but only slightly moves tax and transfer policy preferences. An exception is the estate tax-informing respondents of the small share of decedents who pay it doubles support for it. The small effects for all other policies can be partially exp...
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作者：Coibion, Olivier; Gorodnichenko, Yuriy; Hong, Gee Hee
作者单位：University of Texas System; University of Texas Austin; University of California System; University of California Berkeley; International Monetary Fund
摘要：We study the cyclical properties of sales, regular price changes, and average prices paid by consumers (effective prices) using data on prices and quantities sold for numerous retailers across many US metropolitan areas. Inflation in the effective prices paid by consumers declines significantly with higher unemployment while little change occurs in the inflation rate of prices posted by retailers. This difference reflects the reallocation of household expenditures across retailers, a feature o...
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作者：Alsan, Marcella
作者单位：Stanford University
摘要：The TseTse fly is unique to Africa and transmits a parasite harmful to humans and lethal to livestock. This paper tests the hypothesis that the TseTse reduced the ability of Africans to generate an agricultural surplus historically. Ethnic groups inhabiting TseTse-suitable areas were less likely to use domesticated animals and the plow, less likely to be politically centralized, and had a lower population density. These correlations are not found in the tropics outside of Africa, where the fly...
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作者：Allcott, Hunt; Taubinsky, Dmitry
作者单位：New York University; National Bureau of Economic Research; Harvard University; University of California System; University of California Berkeley
摘要：Imperfect information and inattention to energy costs are important potential motivations for energy efficiency standards and subsidies. We evaluate these motivations in the lightbulb market using a theoretical model and two randomized experiments. We derive welfare effects as functions of reduced-form sufficient statistics capturing economic and psychological parameters, which we estimate using a novel within-subject information disclosure experiment. The main results suggest that moderate su...
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作者：Jehiel, Philippe; Lamy, Laurent
作者单位：University of London; University College London
摘要：When entry is exogenous, strong buyers should be discriminated against weak buyers to maximize revenues (Myerson 1981). When entry is endogenous so that entrants' expected payoffs do not depend on the proposed mechanism, optimal discrimination takes a completely different form. The revenue-maximizing equilibrium requires that there should be no discrimination with respect to entrants irrespective of their ex ante characteristics. Besides, those buyers who always participate should be discrimin...
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作者：Bigio, Saki
作者单位：Columbia University
摘要：I study an economy where asymmetric information about the quality of capital endogenously determines liquidity. Liquid funds are key to relaxing financial constraints on investment and employment. These funds are obtained by selling capital or using it as collateral. Liquidity is determined by balancing the costs of obtaining liquidity under asymmetric information against the benefits of relaxing financial constraints. Aggregate fluctuations follow increases in the dispersion of capital qualit...
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作者：Gauriot, Romain; Page, Lionel
作者单位：Queensland University of Technology (QUT)
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作者：Heckman, James J.
作者单位：University of Chicago
