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作者：Khandelwal, Amit K.; Schott, Peter K.; Wei, Shang-Jin
作者单位：Columbia University; Yale University
摘要：If trade barriers are managed by inefficient institutions, trade liberalization can lead to greater-than-expected gains. We examine Chinese textile and clothing exports before and after the elimination of externally imposed export quotas. Both the surge in export volume and the decline in export prices following quota removal are driven by net entry. This outcome is inconsistent with a model in which quotas are allocated based on firm productivity, implying misallocation of resources. Removing...
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作者：Dhingra, Swati
作者单位：University of London; London School Economics & Political Science
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作者：Heckman, James; Pinto, Rodrigo; Savelyev, Peter
作者单位：University of Chicago; University College Dublin; Vanderbilt University; Robert Wood Johnson Foundation (RWJF); Meharry Medical College
摘要：A growing literature establishes that high quality early childhood interventions targeted toward disadvantaged children have substantial impacts on later life outcomes. Little is known about the mechanisms producing these impacts. This paper uses longitudinal data on cognitive and personality skills from an experimental evaluation of the influential Perry Preschool program to analyze the channels through which the program boosted both male and female participant outcomes. Experimentally induce...
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作者：Barseghyan, Levon; Molinari, Francesca; O'Donoghue, Ted; Teitelbaum, Joshua C.
作者单位：Cornell University; Georgetown University
摘要：We use data on insurance deductible choices to estimate a structural model of risky choice that incorporates standard risk aversion (diminishing marginal utility for wealth) and probability distortions. We find that probability distortions- characterized by substantial overweighting of small probabilities and only mild insensitivity to probability changes-play an important role in explaining the aversion to risk manifested in deductible choices. This finding is robust to allowing for observed ...
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作者：Desmet, Klaus; Rossi-Hansberg, Esteban
作者单位：Universidad Carlos III de Madrid; Princeton University
摘要：We use a simple theory of a system of cities to decompose the determinants of the city size distribution into three main components: efficiency, amenities, and frictions. Higher efficiency and better amenities lead to larger cities but also to greater frictions through congestion and other negative effects of agglomeration. Using data on MSAs in the United States, we estimate these city characteristics. Eliminating variation in any of them leads to large population reallocations, but modest we...
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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
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作者：Buonanno, Paolo; Raphael, Steven
作者单位：University of Bergamo; University of California System; University of California Berkeley
摘要：In August 2006, the Italian government released one-third of the nation's prison inmates via a national collective pardon. We test for a discontinuous break in national crime rates corresponding to the mass release. We also test for the effect of the return of the incarceration rate to its predicted steady state level on national crime rates. Finally, we exploit regional variation in prison releases based on the province of residence of pardoned inmates. All three sources of variation yield su...
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作者：Schlee, Edward E.
作者单位：Arizona State University; Arizona State University-Tempe
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作者：Roberts, Michael J.; Schlenker, Wolfram
作者单位：North Carolina State University; Columbia University; National Bureau of Economic Research
摘要：We present a new framework to identify supply elasticities of storable commodities where past shocks are used as exogenous price shifters. In the agricultural context, past yield shocks change inventory levels and futures prices of agricultural commodities. We use our estimated elasticities to evaluate the impact of the 2009 Renewable Fuel Standard on commodity prices, quantities, and food consumers' surplus for the four basic staples: corn, rice, soybeans, and wheat. Prices increase 20 percen...
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作者：Ziegelmeyer, Anthony; March, Christoph; Kruegel, Sebastian
作者单位：Queens University Belfast; Max Planck Society
