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作者：Stans, Renske; Ehrmantraut, Laura; Siemers, Malin; Pinger, Pia
作者单位：University of Bonn; IZA Institute Labor Economics; University of Cologne
摘要：Do employers seek to attract individuals with more education because it enhances human capital or because it signals higher levels of pre-existing traits? We experimentally vary master's degree completion rates on applicant r & eacute;sum & eacute;s and examine how this influences candidates' desirability and employer perceptions of their productive characteristics. Our findings show that while a completed master's degree increases desirability, an incomplete master's degree is perceived by hu...
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作者：Ham, John C.; Wright, Julian; Ye, Ziqiu
作者单位：New York University; New York University Abu Dhabi; New York University; National University of Singapore; University of International Business & Economics
摘要：We produce updated rankings of economics journals based on established and new methodologies, and use these rankings to document the spectacular rise of the new society journals in economics. We show that, while several factors (editor reputations, editor experience, citations from parent journals and the number of articles published) help determine these journals' impact factors, none help explain why the new journals outperform natural comparison journals. However, soliciting top authors con...
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作者：Andresen, Martin Eckhoff; Nix, Emily
作者单位：University of Oslo; University of Southern California
摘要：Children cause large reductions in earnings for mothers, but not fathers, a stylised fact known as the 'child penalty' that explains a substantial portion of remaining gender income gaps. We evaluate the impact of paternity leave, a policy intended to increase fathers' time with their young children and potentially decrease the child penalty by making caregiving more equitable. Despite fathers overwhelmingly taking up this leave, we detect no impacts on child penalties. We additionally find no...
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作者：Werner, Tobias
作者单位：Maynooth University; University of Southampton; Heinrich Heine University Dusseldorf
摘要：I study self-learning pricing algorithms and show that they are collusive in market simulations. To derive a counterfactual that resembles traditional tacit collusion, I conduct market experiments with humans in the same environment. Across different treatments, I vary the market size and the number of firms that use a pricing algorithm. I demonstrate that oligopoly markets can become more collusive if algorithms make pricing decisions instead of humans. In two-firm markets, prices are weakly ...
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作者：Bolt, Uta
作者单位：University of Bristol
摘要：This paper documents how cognitive skills develop beyond childhood. Using unique data from a British birth cohort followed since 1958, I link cognitive skills in childhood to cognitive skills at 50. I establish five facts from these data. First, childhood cognitive skills persist strongly into adulthood. Second, wages at 50 are better predicted by cognitive skills at 16 than by cognitive skills at 50. Third, higher education predicts higher cognitive skills and wages. Fourth, occupational choi...
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作者：Graf, Caroline; Pondorfer, Andreas; Schulz, Jonathan F.
作者单位：Vrije Universiteit Amsterdam; University of Zurich; Technical University of Munich; George Mason University
摘要：Gender differences in preferences play a crucial role in shaping economic outcomes. This study examines cross-societal variation in gender differences in honesty, testing whether they reflect innate traits or are shaped by social norms. Using global experimental and survey data, we find that gender differences in honesty emerge primarily in Western societies, where women report stronger honesty norms than men, while such differences are absent in non-Western societies. Additional evidence show...
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作者：Delgado-Vega, Alvaro; Shaver, Benjamin
作者单位：University of Chicago; Northwestern University
摘要：A principal designs a policy by weighing the goals she shares with an agent and those that divide them. The policy's success depends on the principal's unknown quality and the agent's decision to help. After the policy succeeds or fails, a committee awards a prize to the actor with the higher expected quality. In equilibrium, the agent helps to avoid blame for failure or share credit for success. The principal benefits from exploiting the agent's selection concerns to shift the policy in her f...
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作者：Colella, Fabrizio; Maskus, Keith E.; Peri, Alessandro
作者单位：Universita della Svizzera Italiana; University of Colorado System; University of Colorado Boulder
摘要：Tighter money-laundering regulations in offshore financial havens may inadvertently spur incentives to launder money domestically. Our study exploits regulations targeting financially based money laundering in Caribbean jurisdictions to examine their impact on the creation of front companies and other money-laundering practices in US counties. Predictions on the effects are ambiguous: stricter regulations could either increase domestic money laundering through substitution or decrease it by di...
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作者：Lacroix, Jean; Mitchener, Kris James; Oosterlinck, Kim
作者单位：Universite Paris Saclay; Leibniz Association; Ifo Institut; Santa Clara University; National Bureau of Economic Research; Universite Libre de Bruxelles; Solvay SA
摘要：A secession movement is an uncertain process that evolves over time. We develop a simple theoretical framework in which regions use news to update their decisions to secede. Uncertainty and economies of scale are necessary conditions to observe 'domino secessions'-sequential interdependent secessions. Empirically, we use geographically specific assets (state bonds) to assess how uncertainty and economies of scale influenced some slaveholding states' decisions to secede from the United States i...
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作者：Debortoli, Davide; Forni, Mario; Gambetti, Luca; Sala, Luca
作者单位：ICREA; Pompeu Fabra University; Centre de Recerca en Economia Internacional (CREI); Barcelona School of Economics; Centre for Economic Policy Research - UK; Universita di Modena e Reggio Emilia; Autonomous University of Barcelona; University of Turin; Bocconi University; Bocconi University
摘要：We measure the inflation-unemployment trade-off associated with monetary easing and tightening, during booms and recessions, using a novel, non-linear Proxy structural vector autoregression approach. We find evidence of significant non-linearities for the US economy (1973:M1-2019:M6): stimulating economic activity during recessions is associated with minimal costs in terms of inflation, and reducing inflation during booms delivers small costs in terms of unemployment. These results can be rati...
