2013

最新文章

• Misclassification Errors and the Underestimation of the US Unemployment Rate AI翻译
  作者：Feng, Shuaizhang; Hu, Yingyao
  作者单位：Shanghai University of Finance & Economics; Johns Hopkins University
• Reverse Bayesianism: A Choice-Based Theory of Growing Awareness AI翻译
  作者：Karni, Edi; Viero, Marie-Louise
  作者单位：Johns Hopkins University; Queens University - Canada
  摘要：This article introduces a new approach to modeling the expanding universe of decision makers in the wake of growing awareness, and invokes the axiomatic approach to model the evolution of decision makers' beliefs as awareness grows. The expanding universe is accompanied by extension of the set of acts, the preference relations over which are linked by a new axiom, invariant risk preferences, asserting that the ranking of lotteries is independent of the set of acts under consideration. The main...
• Bailouts and the Optimal Taxation of Bonus Pay AI翻译
  作者：Besley, Timothy; Ghatak, Maitreesh
  作者单位：University of London; London School Economics & Political Science
• What Do Instrumental Variable Models Deliver with Discrete Dependent Variables? AI翻译
  作者：Chesher, Andrew; Rosen, Adam M.
  作者单位：University of London; University College London; University of London; University College London
• Self-Enforcing Trade Agreements: Evidence from Time-Varying Trade Policy AI翻译
  作者：Bown, Chad P.; Crowley, Meredith A.
  作者单位：The World Bank; Federal Reserve System - USA; Federal Reserve Bank - Chicago
• The Political Resource Curse AI翻译
  作者：Brollo, Fernanda; Nannicini, Tommaso; Perotti, Roberto; Tabellini, Guido
  作者单位：Universitat d'Alacant; Bocconi University
  摘要：This paper studies the effect of additional government revenues on political corruption and on the quality of politicians, both with theory and data. The theory is based on a political agency model with career concerns and endogenous entry of candidates. The data refer to Brazil, where federal transfers to municipal governments change exogenously at given population thresholds, allowing us to implement a regression discontinuity design. The empirical evidence shows that larger transfers increa...
• Intergenerational Occupational Mobility in Great Britain and the United States Since 1850: Reply AI翻译
  作者：Long, Jason; Ferrie, Joseph
  作者单位：Wheaton College; Northwestern University; Northwestern University; National Bureau of Economic Research
• When Should Sellers Use Auctions? AI翻译
  作者：Roberts, James W.; Sweeting, Andrew
  作者单位：Duke University; National Bureau of Economic Research
  摘要：A bidding process can be organized so that offers are submitted simultaneously or sequentially. In the latter case, potential buyers can condition their behavior on previous entrants' decisions. The relative performance of these mechanisms is investigated when entry is costly and selective, meaning that potential buyers with higher values are more likely to participate. A simple sequential mechanism can give both buyers and sellers significantly higher payoffs than the commonly used simultaneo...
• The Life-Cycle Profile of Time Spent on Job Search AI翻译
  作者：Aguiar, Mark; Hurst, Erik; Karabarbounis, Loukas
  作者单位：Princeton University; National Bureau of Economic Research
• Genetic Diversity and the Origins of Cultural Fragmentation AI翻译
  作者：Ashraf, Quamrul; Galor, Oded
  作者单位：Williams College; Brown University