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作者:Boycko, Maxim; Shiller, Robert J.
作者单位:Harvard University; Boston University; Yale University
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作者:Chetty, Raj; Hendren, Nathaniel; Lin, Frina; Majerovitz, Jeremy; Scuderi, Benjamin
作者单位:Stanford University; Harvard University; Stanford University; Harvard University
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作者:Hatton, Timothy J.
作者单位:University of Essex
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作者:Allcott, Hunt; Collard-Wexler, Allan; O'Connell, Stephen D.
作者单位:New York University; National Bureau of Economic Research; Duke University; City University of New York (CUNY) System
摘要:We estimate the effects of electricity shortages on Indian manufacturers, instrumenting with supply shifts from hydroelectric power availability. We estimate that India's average reported level of shortages reduces the average plant's revenues and producer surplus by 5 to 10 percent, but average productivity losses are significantly smaller because most inputs can be stored during outages. Shortages distort the plant size distribution, as there are significant economies of scale in generator c...
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作者:Glaeser, Edward L.; Hillis, Andrew; Kominers, Scott Duke; Luca, Michael
作者单位:Harvard University; Harvard University; National Bureau of Economic Research; Harvard University; Harvard University; Harvard University; Harvard University
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作者:Harhoff, Dietmar
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作者:Kranton, Rachel E.
作者单位:Duke University
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作者:Taylor, John B.
作者单位:Stanford University
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作者:Muralidharan, Karthik; Niehaus, Paul; Sukhtankar, Sandip
作者单位:University of California System; University of California San Diego; University of Virginia
摘要:Antipoverty programs in developing countries are often difficult to implement; in particular, many governments lack the capacity to deliver payments securely to targeted beneficiaries. We evaluate the impact of biometrically authenticated payments infrastructure (Smartcards) on beneficiaries of employment (NREGS) and pension (SSP) programs in the Indian state of Andhra Pradesh, using a large-scale experiment that randomized the rollout of Smartcards over 157 subdistricts and 19 million people....
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作者:Masatlioglu, Yusufcan; Raymond, Collin
作者单位:University System of Maryland; University of Maryland College Park; Amherst College
摘要:We examine the reference-dependent risk preferences of Koszegi and Rabin (2007), focusing on their choice-acclimating personal equilibria. Although their model has only a trivial intersection (expected utility) with other reference-dependent models, it has very strong connections with models that rely on different psychological intuitions. We prove that the intersection of rank-dependent utility and quadratic utility, two well-known generalizations of expected utility, is exactly monotone line...