2013

最新文章

• Debt Contracts with Partial Commitment AI翻译
  作者：Kovrijnykh, Natalia
  作者单位：Arizona State University; Arizona State University-Tempe
  摘要：This paper analyzes a dynamic lending relationship where the borrower cannot be forced to make repayments, and the lender offers long-term contracts that are imperfectly enforced and repeatedly renegotiated. No commitment and full commitment by the lender are special cases of this model where the probability of enforcement equals zero and one, respectively. I show that an increase in the degree of enforcement can lower social welfare. Furthermore, properties of equilibrium investment dynamics ...
• Consumer Spending and the Economic Stimulus Payments of 2008 AI翻译
  作者：Parker, Jonathan A.; Souleles, Nicholas S.; Johnson, David S.; McClelland, Robert
  作者单位：Northwestern University; University of Pennsylvania; Congressional Budget Office
• Estimating the Effect of Salience in Wholesale and Retail Car Markets AI翻译
  作者：Busse, Meghan R.; Lacetera, Nicola; Pope, Devin G.; Silva-Risso, Jorge; Sydnor, Justin R.
  作者单位：Northwestern University; University of Toronto; University of Chicago; University of California System; University of California Riverside; University of Wisconsin System; University of Wisconsin Madison
• Testing for Racial Differences in the Mental Ability of Young Children AI翻译
  作者：Fryer, Roland G., Jr.; Levitt, Steven D.
  作者单位：Harvard University; University of Chicago
• The Demand for Youth: Explaining Age Differences in the Volatility of Hours AI翻译
  作者：Jaimovich, Nir; Pruitt, Seth; Siu, Henry E.
  作者单位：Duke University; National Bureau of Economic Research; Federal Reserve System - USA; Federal Reserve System Board of Governors; University of British Columbia
• Social Preferences under Risk: Equality of Opportunity versus Equality of Outcome AI翻译
  作者：Saito, Kota
  作者单位：California Institute of Technology
• Commercial Imperialism? Political Influence and Trade During the Cold War AI翻译
  作者：Berger, Daniel; Easterly, William; Nunn, Nathan; Satyanath, Shanker
  作者单位：University of Essex; New York University; Harvard University; New York University
  摘要：We provide evidence that increased political influence, arising from CIA interventions during the Cold War, was used to create a larger foreign market for American products. Following CIA interventions, imports from the US increased dramatically, while total exports to the US were unaffected. The surge in imports was concentrated in industries in which the US had a comparative disadvantage, not a comparative advantage. Our analysis is able to rule out decreased trade costs, changing political ...
• Intergenerational Occupational Mobility in Great Britain and the United States Since 1850: Comment AI翻译
  作者：Xie, Yu; Killewald, Alexandra
  作者单位：University of Michigan System; University of Michigan; Harvard University
• Boys' Cognitive Skill Formation and Physical Growth: Long-Term Experimental Evidence on Critical Ages for Early Childhood Interventions AI翻译
  作者：Barham, Tania; Macours, Karen; Maluccio, John A.
  作者单位：University of Colorado System; University of Colorado Boulder; Paris School of Economics; INRAE; Middlebury College
• Salience and Asset Prices AI翻译
  作者：Bordalo, Pedro; Gennaioli, Nicola; Shleifer, Andrei
  作者单位：University of London; Royal Holloway University London; Bocconi University; Harvard University