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作者:Anwar, S; Fang, HM
作者单位:Yale University; National Bureau of Economic Research
摘要:We propose a simple model of trooper behavior to design empirical tests for whether troopers of different races are monolithic in their search behavior, and whether they exhibit relative racial prejudice in motor vehicle searches. Our test of relative racial prejudice provides a partial solution to the well-known inframarginality and omitted-variables problems associated with outcome tests. When applied to a unique dataset from Florida, our tests soundly reject the hypothesis that troopers of ...
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作者:Matschke, X; Sherlund, SM
作者单位:University of Connecticut; Federal Reserve System - USA
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作者:McFadden, D
作者单位:University of California System; University of California Berkeley
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作者:Anderson, SP; Renault, R
作者单位:University of Virginia; CY Cergy Paris Universite
摘要:Empirical evidence suggests that most advertisements contain little direct information. Many do not mention prices. We analyze a monopoly firm's choice of advertising content and the information disclosed to consumers. The firm advertises only product information, price information, or both, and prefers to convey only limited product information if possible. It is socially harmful l to force it to provide full information if it has sufficient ability to parse the information imparted, nor does...
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作者:Jayachandran, S; Kremer, M
作者单位:University of California System; University of California Berkeley; Harvard University; University of California System; University of California Los Angeles; Brookings Institution; National Bureau of Economic Research
摘要:Trade sanctions are often criticized as ineffective because they create incentives for evasion or as harmful to the target country's population. Loan sanctions, in contrast, could be self-enforcing and could protect the population from being saddled with odious debt run up by tooting or repressive dictators. Governments could impose loan sanctions by instituting legal changes that prevent seizure of countries' assets for nonrepayment of debt incurred after sanctions were imposed. This would re...
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作者:Svensson, LEO
作者单位:Princeton University; National Bureau of Economic Research
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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...
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作者:Rudd, J; Whelan, K
作者单位:Federal Reserve System - USA