2006

最新文章

• Multiple dimensions of private information: Evidence from the long-term care insurance market AI翻译
  作者：Finkelstein, Amy; McGarry, Kathleen
  作者单位：Massachusetts Institute of Technology (MIT); National Bureau of Economic Research; University of California System; University of California Los Angeles
  摘要：We demonstrate the existence of multiple dimensions of private information in the long-term care insurance market. Two types of people purchase insurance: individuals with private information that they are high risk and individuals. with private information that they have strong taste for insurance. Ex post, the former are higher risk than insurance companies expect, while the latter are lower risk. In aggregate, those with more insurance are not higher risk. Our results demonstrate that insur...
• Vertical integration and competition AI翻译
  作者：Aghion, Philippe; Griffith, Rachel; Howitt, Peter
  作者单位：Harvard University; Brown University
• Caps on political lobbying: Reply AI翻译
  作者：Che, Yeon-Koo; Gale, Ian L.
  作者单位：Columbia University; University of Wisconsin System; University of Wisconsin Madison; Georgetown University
• Wealth concentration in a developing economy: Paris and France, 1807-1994 AI翻译
  作者：Piketty, T; Postel-Vinay, G; Rosenthal, JL
  作者单位：Universite PSL; Ecole Normale Superieure (ENS); Institut Polytechnique de Paris; Ecole des Ponts ParisTech; Centre National de la Recherche Scientifique (CNRS); INRAE; University of California System; University of California Los Angeles
  摘要：Using large samples of estate tax returns, we construct new series on wealth concentration in Paris and France from 1807 to 1994. Inequality increased until 1914 because industrial and financial estates grew dramatically. Then, adverse shocks, rather than a Kuznets-type process, led to a massive decline in inequality. The very high wealth concentration prior to 1914 benefited retired individuals living off capital income (rentiers) rather than entrepreneurs. The very rich were in their seventi...
• An efficient dynamic auction for heterogeneous commodities AI翻译
  作者：Ausubel, Lawrence M.
  作者单位：University System of Maryland; University of Maryland College Park
  摘要：This article proposes a new dynamic design for auctioning multiple heterogeneous commodities. An auctioneer wishes to allocate K types of commodities among n bidders. The auctioneer announces a vector of current prices, bidders report quantities demanded at these prices, and the auctioneer adjusts the prices. Units are credited to bidders at the current prices as their opponents' demands decline, and the process continues until every commodity market clears. Bidders, rather than being assumed ...
• Incarceration length, employment, and earnings AI翻译
  作者：Kling, Jeffrey R.
  作者单位：Brookings Institution
• General versus specific skills in labor markets with search frictions and firing costs AI翻译
  作者：Wasmer, Etienne
  作者单位：University of Quebec; University of Quebec Montreal
• Did medicare induce pharmaceutical innovation? AI翻译
  作者：Acemoglu, Daron; Cutler, David; Finkelstein, Amy; Linn, Joshua
  作者单位：Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT); National Bureau of Economic Research; Harvard University; National Bureau of Economic Research; Massachusetts Institute of Technology (MIT); University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital
• The Greenspan era: Discretion, rather than rules AI翻译
  作者：Friedman, Benjamin M.
  作者单位：Harvard University
• Can rational expectations sticky-price models explain inflation dynamics? AI翻译
  作者：Rudd, J; Whelan, K
  作者单位：Federal Reserve System - USA