The American Economic Review

最新文章

• Selection on Moral Hazard in Health Insurance AI翻译
  作者：Einav, Liran; Finkelstein, Amy; Ryan, Stephen P.; Schrimpf, Paul; Cullen, Mark R.
  作者单位：Stanford University; National Bureau of Economic Research; Massachusetts Institute of Technology (MIT); University of Texas System; University of Texas Austin; University of British Columbia; Stanford University
  摘要：We use employee-level panel data from a single firm to explore the possibility that individuals may select insurance coverage in part based on their anticipated behavioral (moral hazard) response to insurance, a phenomenon we label selection on moral hazard. Using a model of plan choice and medical utilization, we present evidence of heterogenous moral hazard as well as selection on it, and explore some of its implications. For example, we show that, at least in our context, abstracting from s...
• Incarceration and Incapacitation: Evidence from the 2006 Italian Collective Pardon AI翻译
  作者：Buonanno, Paolo; Raphael, Steven
  作者单位：University of Bergamo; University of California System; University of California Berkeley
  摘要：In August 2006, the Italian government released one-third of the nation's prison inmates via a national collective pardon. We test for a discontinuous break in national crime rates corresponding to the mass release. We also test for the effect of the return of the incarceration rate to its predicted steady state level on national crime rates. Finally, we exploit regional variation in prison releases based on the province of residence of pardoned inmates. All three sources of variation yield su...
• Surplus Maximization and Optimality AI翻译
  作者：Schlee, Edward E.
  作者单位：Arizona State University; Arizona State University-Tempe
• Control Functions and Simultaneous Equations Methods AI翻译
  作者：Blundell, Richard; Kristensen, Dennis; Matzkin, Rosa L.
  作者单位：University of London; University College London; University of California System; University of California Los Angeles
• Cross-Country Differences in Productivity: The Role of Allocation and Selection AI翻译
  作者：Bartelsman, Eric; Haltiwanger, John; Scarpetta, Stefano
  作者单位：Vrije Universiteit Amsterdam; University System of Maryland; University of Maryland College Park; National Bureau of Economic Research; Organisation for Economic Co-operation & Development (OECD)
  摘要：This paper investigates the effect of idiosyncratic (firm-level) policy distortions on aggregate outcomes. Exploiting harmonized firm-level data for a number of countries, we show that there is substantial and systematic cross-country variation in the within-industry covariance between size and productivity. We develop a model in which heterogeneous firms face adjustment frictions (overhead labor and quasi-fixed capital) and distortions. The model can be readily calibrated so that variations i...
• Identifying Supply and Demand Elasticities of Agricultural Commodities: Implications for the US Ethanol Mandate AI翻译
  作者：Roberts, Michael J.; Schlenker, Wolfram
  作者单位：North Carolina State University; Columbia University; National Bureau of Economic Research
  摘要：We present a new framework to identify supply elasticities of storable commodities where past shocks are used as exogenous price shifters. In the agricultural context, past yield shocks change inventory levels and futures prices of agricultural commodities. We use our estimated elasticities to evaluate the impact of the 2009 Renewable Fuel Standard on commodity prices, quantities, and food consumers' surplus for the four basic staples: corn, rice, soybeans, and wheat. Prices increase 20 percen...
• Early Life Health Interventions and Academic Achievement AI翻译
  作者：Bharadwaj, Prashant; Loken, Katrine Vellesen; Neilson, Christopher
  作者单位：University of California System; University of California San Diego; University of Bergen; Yale University
  摘要：This paper studies the effect of improved early life health care on mortality and long-run academic achievement in school. We use the idea that medical treatments often follow rules of thumb for assigning care to patients, such as the classification of Very Low Birth Weight (VLBW), which assigns infants special care at a specific birth weight cutoff. Using detailed administrative data on schooling and birth records from Chile and Norway, we establish that children who receive extra medical car...
• Discretionary Tax Changes and the Macroeconomy: New Narrative Evidence from the United Kingdom AI翻译
  作者：Cloyne, James
  作者单位：Bank of England
• Course Requirements for Bachelor's Degrees in Economics AI翻译
  作者：Bosshardt, William; Watts, Michael; Becker, William E.
  作者单位：State University System of Florida; Florida Atlantic University; Purdue University System; Purdue University; Indiana University System; Indiana University Bloomington; University of South Australia
• The Poverty Gap in School Spending Following the Introduction of Title I AI翻译
  作者：Cascio, Elizabeth U.; Reber, Sarah
  作者单位：Dartmouth College