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作者:Brender, Adi; Drazen, Allan
作者单位:Bank of Israel; University System of Maryland; University of Maryland College Park
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作者:Attanasio, Orazio; Low, Hamish; Sanchez-Marcos, Virginia
作者单位:University of London; University College London; University of Cambridge; Universidad de Cantabria
摘要:This paper studies the life-cycle labor supply of three cohorts of American women, born in the 1930s, 1940s, and 1950s. We focus on the increase in labor supply of mothers between the 1940s and 1950s cohorts. We construct a life-cycle model of female participation and savings, and calibrate the model to match the behavior of the middle cohort. We investigate which changes in the determinants of labor supply account for the increases in participation early in the life-cycle observed for the you...
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作者:Acemoglu, Daron; Johnson, Simon; Robinson, James A.; Yared, Pierre
作者单位:Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT); International Monetary Fund; Harvard University; Harvard University; Columbia University
摘要:Existing studies establish a strong cross-country correlation between income and democracy but do not control for factors that simultaneously affect both variables. We show that controlling for such factors by including country fixed effects removes the statistical association between income per capita and various measures of democracy. We present instrumental-variables estimates that also show no causal effect of income on democracy. The cross-country correlation between income and democracy ...
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作者:Charles, Kerwin Kofi; Hurst, Erik; Stephens, Melvin, Jr.
作者单位:University of Chicago; University of Chicago; Carnegie Mellon University
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作者:Gabaix, Xavier
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作者:Martin, Ian W. R.
作者单位:Harvard University
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作者:Thornton, Rebecca L.
作者单位:University of Michigan System; University of Michigan
摘要:This paper evaluates an experiment in which individuals in rural Malawi were randomly assigned monetary incentives to learn their HIV results after being tested. Distance to the HIV results centers was also randomly assigned. Without any incentive, 34 percent of the participants learned their HIV results. However, even the smallest incentive doubled that share. Using the randomly assigned incentives and distance front results centers as instruments for the knowledge of HIV status, sexually act...
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作者:Andersen, Steffen; Bulte, Erwin; Gneezy, Uri; List, John A.
作者单位:Copenhagen Business School; Wageningen University & Research; Tilburg University; University of California System; University of California San Diego; University of Chicago; National Bureau of Economic Research
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作者:Camacho, Adriana
作者单位:Universidad de los Andes (Colombia)
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作者:Khwaja, Asim Ijaz; Mian, Atif
作者单位:Harvard University; University of Chicago; National Bureau of Economic Research
摘要:We examine the impact of liquidity shocks by exploiting cross-bank liquidity variation induced by unanticipated nuclear tests in Pakistan. We show that for the same firm borrowing from two different banks, its loan from the bank experiencing a 1 percent larger decline in liquidity drops by an additional 0.6 percent. While banks pass their liquidity shocks on to firms, large firms-particularly those with strong business or political ties-completely compensate this loss by additional borrowing t...