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作者：Kamal, Fariha; Sundaram, Asha; Tello-Trillo, Cristina J.
作者单位：University of Auckland
摘要：We examine how the 1993 Family and Medical Leave Act (FMLA) impacts the gender composition at U.S. firms experiencing a negative demand shock. Combining changes in Chinese imports across industries between 2000 and 2003 and a sharp regression discontinuity to identify FMLA status, we find that an increase in import competition decreases the share of female employment, earnings, and promotions at FMLA relative to non-FMLA firms. This effect is driven by women in prime child-bearing ages and wit...
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作者：[Anonymous]
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作者：Bhattacharya, Debopam; Komarova, Tatiana
作者单位：University of Cambridge; University of Manchester
摘要：We introduce a notion of money-metric social welfare for discrete choice under unrestricted heterogeneity and income effects. It is the maximized indirect utility under normalization of the outside option. It also equals the amount of income necessary to achieve a given level of utility, while certain choices are prohibited. We show that the distribution of this quantity is nonparametrically identified as a closed-form functional of average structural demand for the outside option, making it u...
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作者：Liu, Bing; Loertscher, Simon; Marx, Leslie M.
作者单位：Stanford University; University of Melbourne; Duke University
摘要：Consignment auctions are two-stage mechanisms to (re)allocate emission permits. Firms are first endowed with permits and then allowed to trade them. We determine theoretically endowments that enable efficient allocation, subject to incentive compatibility, individual rationality, and no deficit. All firms prefer efficient consignment auctions to efficient standard auctions, making them politically palatable. Firms' investment incentives align with the first-best in efficient consignment auctio...
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作者：Munteanu, Andrei
作者单位：University of Quebec; University of Quebec Montreal
摘要：This study examines the impact of school choice on academic achievement. I use differences in the number of schools across similar Romanian towns, generating variation in school choice for local students, who compete for seats via test scores. I find that more school choice results in increased sorting of students by admission scores across different schools. Sorting widens achievement gaps between high-and low-admission score students. High-scorers having access to better teachers and peer ef...
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作者：Baselgia, Enea; Martinez, Isabel Z.
作者单位：Swiss Federal Institutes of Technology Domain; ETH Zurich
摘要：We present a new data set we built based on Swiss rich lists going back to 1989. We show, among other things, that 60% of the superrich are heirs-a fraction twice as large as in the United States-and that wealth mobility at the very top has declined significantly. We find that top 0.01% wealth shares are higher than what previous estimates based on wealth tax statistics suggest. At the same time, we argue that rich list data lead to overestimating wealth inequality. Although rich lists are val...
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作者：Cox, Gregory Fletcher
作者单位：National University of Singapore
摘要：This paper describes how to reparametrize low-dimensional factor models with one or two factors to fit weak identification theory developed for generalized method of moments models. Some identification-robust tests, here called plug-in tests, require a reparametrization to distinguish weakly identified parameters from strongly identified parameters. The reparametrizations in this paper make plug-in tests available for subvector hypotheses in low-dimensional factor models with one or two factor...
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作者：de Chaisemartin, Clement; D'Haultfoeuille, Xavier
作者单位：Institut Polytechnique de Paris; ENSAE Paris; Institut Polytechnique de Paris
摘要：We study treatment-effect estimation using panel data. The treatment may be nonbinary, nonabsorbing, and the outcome may be affected by treatment lags. We make a parallel-trends assumption and propose event-study estimators of the effect of being exposed to a weakly higher treatment dose for & ell; periods. We also propose normalized estimators that estimate a weighted average of the effects of the current treatment and its lags. We also analyze commonly used two-way fixed-effects regressions....
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作者：Herz, Holger; Kistler, Deborah; Zehnder, Christian; Zihlmann, Christian
作者单位：University of Fribourg; Swiss Federal Institutes of Technology Domain; ETH Zurich; University of Lausanne
摘要：We empirically assess whether hindsight bias affects citizens' evaluation of their political actors. Using an incentivized elicitation technique, we demonstrate that people systematically misremember their past policy preferences regarding how to best fight the COVID-19 pandemic. At the peak of the first wave in the United States, the average respondent mistakenly believed that they supported significantly stricter restrictions at the onset of the first wave than they actually did. Exogenous v...
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作者：Rozo, Sandra V.
