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作者:Ahn, Tom; Cunha, Jesse M.; Veith, Patrick
作者单位:United States Department of Defense; United States Navy; Naval Postgraduate School
摘要:We study the influence of workplace peers on ahigh-stakes, irreversible retirement plan choice. Midcareer U.S. military personnel choose between higher future pension payouts or an immediate bonus plus lower future payouts. With peers defined as those who have locked in their choices and personnel assignment rules ensuring that peer groups are exogenously formed, we capture the causal impact of peers. Greater peer take-up of the bonus, which is difficult to compare to the alternative plan but ...
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作者:Brooks, Leah; Rose, Jonathan; Veuger, Stan
作者单位:George Washington University; Federal Reserve System - USA; Federal Reserve Bank - Chicago
摘要:We study the aftermath of the 1968 Washington, D.C. civil disturbance to illuminate the mechanisms that drive urban redevelopment in the presence of low demand and racial tension. Using a within-block identification strategy, we show that destruction caused lots to remain vacant for the next thirty years and only recently converge in terms of structure value. The city acted to preclude for-profit land owners from leaving land vacant until demand conditions improved by purchasing nearly half of...
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作者:Lin, Zhongjian
作者单位:University System of Georgia; University of Georgia
摘要:This paper provides a method to study quantile effects in discrete choice with social interactions. The method is based on a behavioral social interactions model from quantile preference in decision making and demonstrates peer effects on different quantiles of discrete outcomes. The peer effects parameters are estimated by a nested pseudoscore (NPS) approach, which is developed to tackle the computational burden pertaining to the social interactions model. Consistency and asymptotic normality...
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作者:Angrist, Noam; Winseck, Kevin; Patrinos, Harry Anthony; Zivin, Joshua Graff
作者单位:University of Oxford; University of Arkansas System; University of Arkansas Fayetteville; University of California System; University of California San Diego
摘要:Addressing climate change requires individual behavior change and voter support for pro-climate policies, yet surprisingly little is known about how to achieve these outcomes. In this paper, we estimate causal effects of additional education on pro-climate outcomes using new compulsory schooling law data across 20 European countries. We analyze effects on pro-climate beliefs and behaviors, as well as novel data on policy preferences and voting for green parties. Results show that a year of edu...
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作者:Aneja, Abhay; Reshef, Oren; Subramani, Gauri
作者单位:University of California System; University of California Berkeley; National Bureau of Economic Research; Washington University (WUSTL); Lehigh University
摘要:Women are underrepresented in patenting. In this study, we consider differential responsiveness to rejection as a contributor to the gender gap in invention. Leveraging the prosecution histories of almost one million U.S. patent applications and the quasirandom assignment of applications to examiners, we show that women are 3.6-6.9 percentage points less likely to continue in the application process following an early-stage rejection. Conditional on applying for a patent, male-female dispariti...
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作者:Healy, Olivia J.; Heissel, Jennifer A.
作者单位:United States Department of Defense; United States Navy; Naval Postgraduate School
摘要:This paper explores whether and why a maternal child penalty to earnings would emerge even without changes in employment and hours worked. Using a matched event study design, we trace monthly changes in determinants of wages (job performance, human capital accumulation, and promotions). Data come from a usefully unusual setting with required multiyear employment and detailed personnel data: the U.S. Marine Corps. Mothers' job performance initially declines, and gaps in promotion grow through 2...
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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: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...