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作者:Krueger, Dirk; Ludwig, Alexander
作者单位:University of Pennsylvania; National Bureau of Economic Research; University of Cologne
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作者:Lagakos, David; Waugh, Michael E.
作者单位:Arizona State University; Arizona State University-Tempe; New York University
摘要:Cross-country labor productivity differences are larger in agriculture than in non-agriculture. We propose a new explanation for these patterns in which the self-selection of heterogeneous workers determines sector productivity. We formalize our theory in a general-equilibrium Roy model in which preferences feature a subsistence food requirement. In the model, subsistence requirements induce workers that are relatively unproductive at agricultural work to nonetheless select into the agricultur...
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作者:Name-Correa, Alvaro J.; Yildirim, Huseyin
作者单位:Duke University
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作者:Adda, Jerome; Cornaglia, Francesca
作者单位:European University Institute; University of London; Queen Mary University London
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作者:Heckman, James; Pinto, Rodrigo; Savelyev, Peter
作者单位:University of Chicago; University College Dublin; Vanderbilt University; Robert Wood Johnson Foundation (RWJF); Meharry Medical College
摘要:A growing literature establishes that high quality early childhood interventions targeted toward disadvantaged children have substantial impacts on later life outcomes. Little is known about the mechanisms producing these impacts. This paper uses longitudinal data on cognitive and personality skills from an experimental evaluation of the influential Perry Preschool program to analyze the channels through which the program boosted both male and female participant outcomes. Experimentally induce...
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作者:Kubler, Felix; Selden, Larry; Wei, Xiao
作者单位:University of Zurich; Columbia University; University of Pennsylvania; University of Pennsylvania
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作者:Barseghyan, Levon; Molinari, Francesca; O'Donoghue, Ted; Teitelbaum, Joshua C.
作者单位:Cornell University; Georgetown University
摘要:We use data on insurance deductible choices to estimate a structural model of risky choice that incorporates standard risk aversion (diminishing marginal utility for wealth) and probability distortions. We find that probability distortions- characterized by substantial overweighting of small probabilities and only mild insensitivity to probability changes-play an important role in explaining the aversion to risk manifested in deductible choices. This finding is robust to allowing for observed ...
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作者:Desmet, Klaus; Rossi-Hansberg, Esteban
作者单位:Universidad Carlos III de Madrid; Princeton University
摘要:We use a simple theory of a system of cities to decompose the determinants of the city size distribution into three main components: efficiency, amenities, and frictions. Higher efficiency and better amenities lead to larger cities but also to greater frictions through congestion and other negative effects of agglomeration. Using data on MSAs in the United States, we estimate these city characteristics. Eliminating variation in any of them leads to large population reallocations, but modest we...
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作者:Fehr, Ernst; Herz, Holger; Wilkening, Tom
作者单位:University of Zurich; University of Melbourne
摘要:Authority and power permeate political, social, and economic life, but empirical knowledge about the motivational origins and consequences of authority is limited. We study the motivation and incentive effects of authority experimentally in an authority-delegation game. Individuals often retain authority even when its delegation is in their material interest-suggesting that authority has nonpecuniary consequences for utility. Authority also leads to over-provision of effort by the controlling ...
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作者:Barseghyan, Levon; Molinari, Francesca; O'Donoghue, Ted; Teitelbaum, Joshua C.
作者单位:Cornell University; Georgetown University