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作者:Bernanke, BS; Reinhart, VR
作者单位:Federal Reserve System - USA
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作者:Jacob, BA
作者单位:Harvard University
摘要:This paper utilizes a plausibly exogenous source of variation in housing assistance generated by public housing demolitions in Chicago to examine the impact of high-rise public housing on student outcomes. I find that children in households affected by the demolitions do no better or worse than their peers on a wide variety of achievement measures. Because the majority of households that leave high-rise public housing in response to the demolitions move to neighborhoods and schools that closel...
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作者:Javorcik, BS
作者单位:The World Bank
摘要:Many countries strive to attract foreign direct investment (FDI) hoping that knowledge brought by multinationals will spill over to domestic industries and increase their productivity. In contrast with earlier literature that failed to find positive intraindustry spillovers from FDI, this study focuses on effects operating across industries. The analysis, based on firm-level data from Lithuania, produces evidence consistent with positive productivity spillovers from FDI taking place through co...
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作者:Ashenfelter, O; Greenstone, M
作者单位:Princeton University; National Bureau of Economic Research; Massachusetts Institute of Technology (MIT)
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作者:Gordon, R; Kalambokidis, L; Rohaly, J; Slemrod, J
作者单位:University of California System; University of California San Diego; University of Minnesota System; University of Minnesota Twin Cities; Urban Institute; University of Michigan System; University of Michigan
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作者:Shachar, R; Nalebuff, B
作者单位:Tel Aviv University; Yale University
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作者:Pandey, P
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
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作者:Çelen, B; Kariv, S
作者单位:Columbia University; University of California System; University of California Berkeley
摘要:This paper reports an experimental test of how individuals learn from the behavior of others. By using techniques only available in the laboratory, we elicit subjects' beliefs. This allows us to distinguish informational cascades from herd behavior. By adding a setup with continuous signal and discrete action, we enrich the ball-and-urn observational learning experiments paradigm of Lisa R. Anderson and Charles Holt (1997). We attempt to understand subjects' behavior by estimating a model that...
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作者:Feinerman, E; Finkelshtain, I; Kan, I
作者单位:Hebrew University of Jerusalem
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作者:Chen, Y; Gazzale, R
作者单位:University of Michigan System; University of Michigan; Williams College
摘要:This study clarifies the conditions under which learning in games produces convergence to Nash equilibria in practice. We experimentally investigate the role of supermodularity, which is closely related to the more familiar concept of strategic complementarities, in achieving convergence through learning. Using a game from the literature on solutions to externalities, we find that supermodular and near-supermodular games converge significantly better than those far below the threshold of super...