The American Economic Review

最新文章

• Valuing Alternative Work Arrangements AI翻译
  作者：Mas, Alexandre; Pallais, Amanda
  作者单位：Princeton University; National Bureau of Economic Research; IZA Institute Labor Economics; Harvard University
  摘要：We employ a discrete choice experiment in the employment process for a national call center to estimate the willingness to pay distribution for alternative work arrangements relative to traditional office positions. Most workers are not willing to pay for scheduling flexibility, though a tail of workers with high valuations allows for sizable compensating differentials. The average worker is willing to give up 20 percent of wages to avoid a schedule set by an employer on short notice, and 8 pe...
• The Effect of State Taxes on the Geographical Location of Top Earners: Evidence from Star Scientists AI翻译
  作者：Moretti, Enrico; Wilson, Daniel J.
  作者单位：University of California System; University of California Berkeley; Federal Reserve System - USA; Federal Reserve Bank - San Francisco
  摘要：We quantify how sensitive is migration by star scientists to changes in personal and business tax differentials across states. We uncover large, stable, and precisely estimated effects of personal and corporate taxes on star scientists' migration patterns. The long-run elasticity of mobility relative to taxes is 1.8 for personal income taxes, 1.9 for state corporate income tax, and -1.7 for the investment tax credit. While there are many other factors that drive when innovative individuals and...
• Household Consumption When the Marriage Is Stable AI翻译
  作者：Cherchye, Laurens; Demuynck, Thomas; De Rock, Bram; Vermeulen, Frederic
  作者单位：KU Leuven; Universite Libre de Bruxelles; Maastricht University; KU Leuven
  摘要：We develop a novel framework to analyze the structural implications of the marriage market for household consumption. We define a revealed preference characterization of efficient household consumption when the marriage is stable. We characterize stable marriage with intrahousehold (consumption) transfers but without assuming transferable utility. Our revealed preference characterization generates testable conditions even with a single observation per household and heterogeneous individual pre...
• Assortative Matching under Asymmetric Information: Evidence from Malawi AI翻译
  作者：Angelucci, Manuela; Bennett, Daniel
  作者单位：University of Michigan System; University of Michigan; University of Southern California
• Replication in Microeconomics Assessing the Rate of Replication in Economics AI翻译
  作者：Berry, James; Coffman, Lucas C.; Hanley, Douglas; Gihleb, Rania; Wilson, Alistair J.
  作者单位：Cornell University; Harvard University; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
• Redesigning the Israeli Psychology Master's Match AI翻译
  作者：Hassidim, Avinatan; Romm, Assaf; Shorrer, Ran I.
  作者单位：Bar Ilan University; Hebrew University of Jerusalem; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
• COOPERATION AND CONFLICT: PERSPECTIVES FROM ECONOMICS AND BEYOND Keeping It in the Family: Lineage Organization and the Scope of Trust in Sub-Saharan Africa AI翻译
  作者：Moscona, Jacob; Nunn, Nathan; Robinson, James A.
  作者单位：Massachusetts Institute of Technology (MIT); Harvard University; University of Chicago
• Improving Climate-Change Modeling of US Migration AI翻译
  作者：Partridge, Mark D.; Feng, Bo; Rembert, Mark
  作者单位：University System of Ohio; Ohio State University; Jinan University; Gran Sasso Science Institute (GSSI); University System of Ohio; Ohio State University
• Mistaken Play in the Deferred Acceptance Algorithm: Implications for Positive Assortative Matching AI翻译
  作者：Rees-Jones, Alex
  作者单位：University of Pennsylvania
• The Social Cost of Near-Rational Investment AI翻译
  作者：Hassan, Tarek A.; Mertens, Thomas M.
  作者单位：University of Chicago; Federal Reserve System - USA; Federal Reserve Bank - San Francisco
  摘要：We show that the stock market may fail to aggregate information even if it appears to be efficient, and that the resulting decrease in the information content of prices may drastically reduce welfare. We solve a macroeconomic model in which information about fundamentals is dispersed and households make small, correlated errors when forming expectations about future productivity. As information aggregates in the market, these errors amplify and crowd out the information content of stock prices...