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作者:Kinnerud, Karin; Lorentzon, Louise
作者单位:BI Norwegian Business School
摘要:We conduct a large-scale field experiment in the Swedish pension system to examine to what extent information and search frictions explain dominated high-fee index fund choices. Three findings stand out: (i) Letters that increase awareness of a dominated choice and reduce search costs of finding the dominating alternative improve savers' investment choices. (ii) While the average effects are positive, a majority of investors are unresponsive to information that essentially removes search costs...
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作者:Borker, Girija; Eeckhout, Jan; Luke, Nancy; Mini, Shantidani; Munshi, Kaivan; Swaminathan, Soumya
作者单位:The World Bank; IZA Institute Labor Economics; Pompeu Fabra University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Christian Medical College & Hospital (CMCH) Vellore; Yale University; Communaute d'universites et etablissements de Toulouse (Comue); Universite Toulouse 1 Capitole; Toulouse School of Economics
摘要:Two mechanisms have been proposed to explain sex selection in India: son preference, in which parents desire a male heir, and daughter aversion, in which dowry payments make parents worse off with girls. Our model incorporates both mechanisms, providing microfoundations, based on the organization of the marriage institution, for daughter aversion. Marital matching, sex selection, and dowries are jointly determined in the model, whose implications are tested on a representative sample of rural ...
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作者:Kumon, Yuzuru
作者单位:University of Manchester
摘要:Despite well-developed economic institutions, premodern Japan, 1600-1868, had among the lowest real wages according to available estimates, around half those in preindustrial England. However, many Japanese peasants owned land, unlike their mostly landless English counterparts, due to institutional differences in land inheritance. Using a Malthusian model, I show that this greater landownership equality paradoxically led to Japan's lower wages and GDP per capita. Evidence from Japanese village...
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作者:Rivera, Roman
作者单位:Georgetown University
摘要:This paper studies the effect of pretrial electronic monitoring (EM) relative to both pretrial release and pretrial detention (jail). EM often involves a defendant wearing an electronic bracelet, which aims to reduce pretrial misconduct at a low cost. Using the quasi-random assignment of bond court judges, I estimate the effect of EM versus release and EM versus detention on pretrial misconduct, case outcomes, future recidivism, and aggregate total costs. Results indicate that EM reduces overa...
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作者:Buyukeren, Berkeren; Makarin, Alexey; Xiong, Heyu
作者单位:Luiss Guido Carli University; Massachusetts Institute of Technology (MIT); Centre for Economic Policy Research - UK; University System of Ohio; Case Western Reserve University
摘要:Online dating apps have transformed the dating market, yet their broader effects remain unclear. We study Tinder's impact on college students using its initial marketing focus on Greek organizations for identification. We show that the full-scale launch of Tinder led to a sharp, persistent increase in sexual activity, but with little corresponding impact on the formation of long-term relationships or relationship quality. Dating outcome inequality, especially among men, rose, alongside rates o...
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作者:De Neve, Jan-Walter; Moshoeshoe, Ramaele; Bor, Jacob
作者单位:California State University System; San Diego State University; Ruprecht Karls University Heidelberg; Boston University
摘要:Evidence on school-entry age impacts in lower-income countries is limited. We assess how school starting age affects human capital development in Lesotho, exploiting an enrollment age threshold. Children who start primary school at older ages overcome initial skill deficits as they progress. They are more likely to remain in school, spend less time on economic and household activities, and obtain substantially higher total years of schooling. In adulthood they are more likely to have professio...
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作者:Baruffaldi, Stefano; Gaessler, Fabian
作者单位:Polytechnic University of Milan; Barcelona School of Economics; Pompeu Fabra University
摘要:We investigate the nature and relevance of physical capital in knowledge production. Exploiting adverse events in research laboratories, we find that scientists experience a persistent reduction in research output if they lose specialized physical capital-equipment and material they created over time for a particular research purpose. In contrast, they recover in productivity if they only lose generic physical capital. Scientists in older laboratories, who presumably lose more obsolete physica...
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作者:Bryan, Kevin A.; Hoffman, Mitchell; Sariri, Amir
作者单位:University of Toronto; University of California System; University of California Santa Barbara; National Bureau of Economic Research; Centre for Economic Policy Research - UK; Purdue University System; Purdue University
摘要:Would workers apply to better firms if they were more informed about firm quality? Collaborating with 26 science-based start-ups, we create a custom job board and invite business school alumni to apply. The job board randomizes across applicants to show coarse expert ratings of all start-ups' science and/or business model quality. Making ratings visible strongly reallocates applications toward higher-rated firms. This reallocation holds, restricting to high-quality workers. Treatments operate ...
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作者:Chyn, Eric; Haggag, Kareem; Stuart, Bryan A.
作者单位:University of Texas System; University of Texas Austin; National Bureau of Economic Research; University of California System; University of California Los Angeles; Federal Reserve System - USA; Federal Reserve Bank - Philadelphia; IZA Institute Labor Economics
摘要:This paper provides new evidence on the causal impacts of citywide racial segregation on intergenerational mobility. We use an instrumental variable approach that relies on plausibly exogenous variation in segregation due to the arrangement of railroad tracks in the nineteenth century. Our analysis finds that higher segregation reduces upward mobility for Black children from households across the income distribution and White children from low-income households. Moreover, segregation lowers ac...
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作者:Andersen, Steffen; Colmsjo, Elin; Parise, Gianpaolo; Peijnenburg, Kim
作者单位:Copenhagen Business School; University of Copenhagen; Tilburg University
摘要:Exploiting plausibly exogenous variations in the timing of cancer diagnoses, we establish that health shocks elicit a large and persistent increase in the probability of committing a crime. This effect materializes in a substantial rise in both first crimes and re-offenses. We uncover evidence for two mechanisms. First, an economic motive leads individuals to compensate the loss of legal revenues with illegal earnings. Second, cancer patients face lower expected cost of punishment through a lo...