-
作者：Bounie, David; Camara, Youssouf; Galbraith, John W.
作者单位：Centre National de la Recherche Scientifique (CNRS); IMT - Institut Mines-Telecom; Institut Polytechnique de Paris; Telecom Paris; McGill University; Universite de Montreal; McGill University
摘要：The shift from offline to online purchasing is reshaping trade patterns: a weaker effect of distance has been observed in digital transactions. This study analyzes these dynamics at an unprecedented scale and granularity, using interregional gravity models estimated from billions of geolocated French card transactions. Using a matched sample of merchants active in both online and offline channels, with unambiguous regional identification, we compare purchasing behavior across channels. We esti...
-
作者：Sloof, Randolph; Beetsma, Roel; Steinweg, Alina
作者单位：University of Amsterdam; Tinbergen Institute; Copenhagen Business School; Tinbergen Institute
摘要：We study optimal debt ceilings in a political-agency model with uncertainty about both policymaker type (benevolent or selfish) and economic state (good or bad). Elections generate disciplining and selection effects that differ across pooling, hybrid, and separating equilibria induced by different ceilings. The optimal ceiling trades off distorted intertemporal allocation under benevolent policymakers against excessive debt under selfish ones. Increased fiscal transparency appears ineffective ...
-
作者：Adachi, Yusuke
作者单位：Ritsumeikan University
摘要：This study proposes a novel methodology to measure the stringency of building height regulations. This measure gauges the difference in building heights with and without regulations. The primary challenge is to recover unobserved building heights in the absence of regulations. I develop a dynamic discrete choice model of building height decision-making by parcel owners and conduct a counterfactual experiment that removes height regulations. An application to residential buildings in central To...
-
作者：Yan, Wei; Yang, Hanmo; Yi, Junjian; Zhang, Chuanchuan
作者单位：Renmin University of China; Renmin University of China; Renmin University of China; Renmin University of China; Peking University; Peking University; Peking University; Zhejiang University
摘要：Hospital payment schemes designed to control expenditure could also influence the medical resource allocation. We study hospital responses to the introduction of a blended payment scheme-a diagnosis-based payment scheme with a predetermined global budget-and their distributional consequences. Exploiting a quasi-experimental reform in China, we find hospitals respond by upcoding, shifting admissions toward categories with higher upcoding potential, and increasing total admissions. Hospitals' he...
-
作者：Jeon, Doh-Shin; Lefouili, Yassine; Madio, Leonardo
作者单位：Communaute d'universites et etablissements de Toulouse (Comue); Universite Toulouse 1 Capitole; Toulouse School of Economics; University of Padua
摘要：We study a platform's incentives to remove IP-infringing products and the effects of holding the platform liable for such infringements on innovation and welfare. We first show that platform liability can lead to either higher or lower commission rates, depending on how screening affects transaction volume. We then show that liability may spur or hinder innovation, depending on the intensity of cross-group network externalities, which determines participation elasticities on each side. If plat...
-
作者：Levine, David K.; Mattozzi, Andrea; Modica, Salvatore
作者单位：University of London; Royal Holloway University London; University of Bologna; University of Palermo; Washington University (WUSTL)
摘要：We present a model showing that when the demand for labor services is inelastic and individual behavior is imperfectly monitored, a firm's employees may prefer to protect its shirkers and conceal information about peers' performance from the firm.
-
作者：Cao, Huoqing; Chen, Chaoran; Xi, Xican
作者单位：Fudan University; York University - Canada; Shanghai Institute of International Finance & Economics
摘要：The gender gap in non-agricultural employment in developing countries is concentrated among rural married workers. Within-family specialization is central: Married women spend more time on home production, work fewer market hours, and are less likely to incur fixed costs of entering non-agriculture. We develop a general equilibrium Roy model with joint household decisions, sector-neutral gender labor wedges, and entry barriers. Calibrated to China in 2010, the model reproduces the observed gen...
-
作者：Arnold, Andrew; Sieg, Holger
作者单位：University of Pennsylvania; National Bureau of Economic Research
摘要：We examine the decentralization of liquor policies in Texas during the Post-Prohibition era using newly collected historical legislative roll call data. By combining these data with local referendum vote shares, we analyze both legislators' and constituents' preferences on liquor policy. We develop a probabilistic voting model incorporating spillovers and peer effects. Results reveal substantial heterogeneity in preferences among voters, reflecting differing attitudes toward alcohol regulation...
-
作者：Anstreicher, Garrett; Venator, Joanna
作者单位：University of Nebraska System; University of Nebraska Lincoln; Boston College
摘要：We document how childcare costs and the location of extended family influence the labor supply and mobility of US women. Women return to their home locations immediately before fertility events, suggesting that informal childcare needs may motivate home migration. Women who live near their parents have lower child earnings penalties. We then build a model of labor supply and migration to assess the impacts of childcare subsidies. Childcare subsidies increase earnings and mobility among US wome...
-
作者：Hernandez-chanto, Allan
作者单位：University of Queensland
摘要：Many countries around the world use centralized admission systems to assign thousands of students to university programs every year. However, the impact of admission policy changes on students' welfare remains largely unknown. To address this, we propose a novel methodology that recovers students' true preferences in a mechanism where students hold private information and face constraints on the number of options they can submit as preferences. This methodology involves two steps: first, the n...
