6期

最新文章

• Ever since Allais AI翻译
  作者：Dembo, Aluma; Kariv, Shachar; Polisson, Matthew; Quah, John K. -H.
  作者单位：Reichman University; University of California System; University of California Berkeley; University of Leicester; National University of Singapore
  摘要：The Allais critique of expected utility theory (EUT) has led to the development of theories of choice under risk that relax the independence axiom but adhere to the fundamental/conventional axioms of ordering (completeness and transitivity) and monotonicity (with respect to first-order stochastic dominance). Unlike experimental work designed to test independence, our experiment is comprehensive, testing the entire set of axioms on which EUT is based. Our econometric analysis is also nonparamet...
• Revolutionary Transition: Inheritance Change and Fertility Decline AI翻译
  作者：Gay, Victor; Gobbi, Paula E.; Goni, Marc
  作者单位：Communaute d'universites et etablissements de Toulouse (Comue); Universite Toulouse 1 Capitole; Toulouse School of Economics; Universite Libre de Bruxelles; Centre for Economic Policy Research - UK; University of Bergen
  摘要：We test Le Play's 1875 hypothesis that the French Revolution contributed to France's early fertility decline by imposing equal partition of inheritance among all children, including women. We combine new data on local inheritance rules before the Revolution and individual-level demographic data from historical sources and crowdsourced genealogies. Difference-in-differences and regression discontinuity estimates show that the inheritance reforms enacted during the Revolution reduced completed f...
• Health Shocks, Health Insurance, Human Capital, and the Dynamics of Earnings and Health AI翻译
  作者：Capatina, Elena; Keane, Michael
  作者单位：Australian National University; Johns Hopkins University; University of New South Wales Sydney
  摘要：We develop a life-cycle model of labor supply and human capital formation that incorporates health shocks, health insurance, and medical treatment decisions. We use the model to study effects of health shocks on health, labor supply, earnings, and earnings inequality. We also simulate provision of public insurance to agents who lack employer-sponsored insurance. While this increases medical spending substantially, it creates positive labor supply incentives for low-skill workers while reducing...
• On the Nature of Entrepreneurship AI翻译
  作者：Bhandari, Anmol; Kass, Tobey; May, Thomas J.; McGrattan, Ellen R.; Schulz, Evan
  作者单位：University of Minnesota System; University of Minnesota Twin Cities; California State University System; California State University Fullerton
  摘要：This paper examines the nature of entrepreneurship using a novel panel dataset based on US Internal Revenue Service data. We analyze income growth trajectories and the determinants of entrepreneurial choice for business owners. Compared with prior household survey-based studies, we find that self-employed individuals have significantly higher average incomes and steeper income growth than their wage-earning matched peers. Contrary to survey evidence, we find a limited role for nonpecuniary mot...
• Linking Social and Personal Preferences: Theory and Experiment AI翻译
  作者：Zame, William R.; Tungodden, Bertil; Sorensen, Erik O.; Kariv, Shachar; Cappelen, Alexander W.
  作者单位：University of California System; University of California Los Angeles; Norwegian School of Economics (NHH); University of California System; University of California Berkeley
  摘要：We provide necessary and sufficient conditions for linking preferences for personal and social consumption and attitudes toward risk. We also offer an experimental test of the theory in which subjects were confronted with risky personal choices, riskless social choices, and risky social choices. Revealed preference tests show that subject choices are generally consistent within each choice domain but frequently involve at least some errors. We test for consistency across choice domains using a...
• Glass Walls: Experimental Evidence on Constraints Faced by Women in Accessing Valuable Skilling Opportunities AI翻译
  作者：Cheema, Ali; Khwaja, Asim I.; Naseer, M. Farooq; Shapiro, Jacob N.
  作者单位：Lahore University of Management Sciences; Harvard University; Lahore University of Management Sciences; Princeton University
  摘要：Experimental evidence from Pakistan shows that distance poses a large and discontinuous access constraint: women with village-based training centers are four times more likely to access valued training opportunities. More than half of the travel penalty is incurred when crossing the village boundary. Exogenous stipend variation reveals that this boundary effect is costly to offset and is not explained by travel costs. Security considerations are an important factor: providing secure group tran...