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作者:Gamper-Rabindran, Shanti; Timmins, Christopher
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; Duke University
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作者:MaCurdy, Thomas; Chen, Xiaohong; Hong, Han
作者单位:Stanford University; Yale University
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作者:Baum-Snow, Nathaniel; Lutz, Byron F.
作者单位:Brown University; National Bureau of Economic Research; Federal Reserve System - USA; Federal Reserve System Board of Governors
摘要:This paper examines the residential location and school choice responses to the desegregation of large urban public school districts. We decompose the well documented decline in white public enrollment following desegregation into migration to suburban districts and increased private school enrollment and find that migration was the more prevalent response. Desegregation caused black public enrollment to increase significantly outside of the South, mostly by slowing decentralization of black h...
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作者:Gicheva, Dora; Hastings, Justine; Villas-Boas, Sofia
作者单位:Yale University; University of California System; University of California Berkeley
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作者:Bushong, Benjamin; King, Lindsay M.; Camerer, Colin F.; Rangel, Antonio
作者单位:California Institute of Technology
摘要:This paper describes a series of laboratory experiments studying whether the form in which items are displayed at the time of decision affects the dollar value that subjects place on them. Using a Becker-DeGroot auction under three different conditions-(i) text displays, (ii) image displays, and (iii) displays of the actual items-we find that subjects' willingness-to-pay is 40-61 percent larger in the real than in the image and text displays. Furthermore, follow-up experiments suggest the pres...
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作者:Benjamin, Daniel J.; Choi, James J.; Strickland, A. Joshua
作者单位:Cornell University; Yale University; National Bureau of Economic Research
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作者:Correia, Isabel
作者单位:Banco de Portugal
摘要:This study considers replacing the current US tax system with only a flat tax consumption tax, showing, in contrast to the literature, that such a reform leads to a decline in inequality and increase in welfare for the welfare-poor. The results are obtained from a simple model that identifies the main channels through which the reform affects the economy. It is shown also that these novel results depend on the distribution of wealth and earnings, and that they hold for the relevant empirical d...
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作者:Galeotti, Andrea; Goyal, Sanjeev
作者单位:University of Essex; University of Cambridge; University of Cambridge
摘要:Empirical work shows that a large majority of individuals get most of their information from a very small subset of the group, viz., the influencers; moreover, there exist only minor differences between the observable characteristics of the influencers and the others. We refer to these empirical findings as the Law of the Few. This paper develops a model where players personally acquire information and form connections with others to access their information. Every (robust) equilibrium of this...
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作者:Aryeetey, Ernest; Udry, Christopher
作者单位:University of Ghana; Brookings Institution; Yale University
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作者:Mortensen, Dale T.
作者单位:Northwestern University; Aarhus University