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作者：Resnjanskij, Sven; Ruhose, Jens; Wiederhold, Simon; Woessmann, Ludger; Wedel, Katharina
作者单位：University of Konstanz; Leibniz Association; Ifo Institut; Leibniz Association; Ifo Institut; University of Kiel; IZA Institute Labor Economics; Leibniz Association; Leibniz Institut fur Wirtschaftsforschung Halle (IWH); Ifo Institut; Martin Luther University Halle Wittenberg; IZA Institute Labor Economics; University of Munich; Leibniz Association; Ifo Institut; University of Munich; Leibniz Association; Ifo Institut
摘要：We study a mentoring program that aims to improve the labor market prospects of disadvantaged adolescents. Our randomized controlled trial investigates its effectiveness on three outcomes highly predictive of later labor market success: math grades, patience/social skills, and labor market orientation. For low-SES (socioeconomic status) adolescents, the mentoring increases a combined index of the outcomes by over half a standard deviation after 1 year, with significant increases in each outcom...
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作者：Mityakov, Sergey; Mroz, Thomas A.
作者单位：State University System of Florida; Florida State University; University System of Georgia; Georgia State University; Federal Reserve System - USA; Federal Reserve Bank - Atlanta
摘要：Most household production studies ignore unobserved inputs. Without additional assumptions, however, estimated impacts of the observed inputs cannot provide informative estimates of marginal products because of contaminating variations in unobserved inputs. Not even the signs of marginal impacts can be ascertained. One can establish the direction of these biases and significantly reduce them by including detailed information about nonproductive (pure consumption) goods in the analysis. Estimat...
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作者：Juhasz, Reka; Squicciarini, Mara P.; Voigtlander, Nico
作者单位：National Bureau of Economic Research; Columbia University; Centre for Economic Policy Research - UK; Bocconi University; National Bureau of Economic Research
摘要：New technologies tend to be adopted slowly and-even after being adopted-take time to be reflected in higher aggregate productivity. One prominent explanation is that major technological breakthroughs create the need to reorganize production. We study a unique setting that allows us to examine this mechanism: the adoption of mechanized cotton spinning during the first Industrial Revolution in France. Using a novel hand-collected, plant-level dataset from French archival sources, we show that a ...
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作者：Karpowitz, Christopher F.; O'Connell, Stephen D.; Preece, Jessica; Stoddard, Olga
作者单位：Brigham Young University; Emory University
摘要：This article studies the effect of team gender composition and leadership on women's influence in two field experiments. Study 1 finds that male-majority teams accord disproportionately less influence to women and are less likely to choose women to represent the team externally. We replicate this finding in a new context, where we also vary the gender of an assigned team leader. We find that a female leader substantially increases women's influence, even in male-majority teams. With a model of...
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作者：Low, Corinne
作者单位：University of Pennsylvania
摘要：Throughout the twentieth century, the relationship between women's human capital and men's income was nonmonotonic: while college-educated women married richer spouses than high school-educated women, graduate-educated women married poorer spouses than college-educated women. This can be rationalized by a bidimensional matching framework where women's human capital is negatively correlated with another valuable trait: fertility, or reproductive capital. Such a model predicts nonmonotonicity in...
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作者：Pei, Harry
作者单位：Northwestern University
摘要：I analyze a reputation game between a patient player and a sequence of short-run players. Each short-run player observes the number of times that the patient player took each of his actions in the past K periods. When players have monotone supermodular payoffs, the patient player can approximately secure his commitment payoff in all equilibria regardless of K. I also show that the short-run players can approximately attain their highest feasible payoff in all equilibria if and only if K is low...
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作者：Bassetto, Marco; Cui, Wei
作者单位：Federal Reserve System - USA; Federal Reserve Bank - Minneapolis; University of London; University College London
摘要：The return on government debt is lower than that of assets with similar payoffs. We study optimal debt management and taxation when the government cannot directly redistribute toward the agents in need of liquidity but otherwise has access to a complete set of linear tax instruments. Optimal government debt provision calls for gradually closing the wedge between the returns as much as possible, but tax policy may work as a countervailing force: as long as financial frictions bind, it can be op...
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作者：Nocke, Volker; Rey, Patrick
作者单位：University of Mannheim; Universite de Toulouse; Universite Toulouse 1 Capitole; Toulouse School of Economics
摘要：We develop a model of within-firm sequential, directed search and study a firm's ability and incentive to steer consumers. We find that the firm often benefits from adopting a noisy positioning strategy, which limits the information available to consumers. This induces consumers to keep searching but discourages some of them from visiting the firm. This occurs even though the firm and the consumers have in common an interest in maximizing the probability of trade. Because of such noisy positio...
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作者：Blum, Bernardo S.; Claro, Sebastian; Horstmann, Ignatius; Rivers, David A.
作者单位：University of Toronto; Universidad de los Andes (Colombia); Western University (University of Western Ontario)
摘要：We develop a novel methodology for disentangling the demand and cost drivers of firm heterogeneity when firms sort themselves into different markets, and we apply it to export status differences. Our methodology results in joint estimates of firm-level productivity and of markups in every market, without imposing functional form restrictions on demand. We find that exporters, relative to nonexporters, (i) have flatter domestic demand curves-thicker domestic markets-and (ii) have higher demand ...
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作者：Nirei, Makoto; Scheinkman, Jose A.
作者单位：University of Tokyo; Princeton University; National Bureau of Economic Research
摘要：We present a menu-cost pricing model with a large but finite number n of firms. A firm's nominal price increase lowers other firms' relative prices, thereby inducing further nominal price increases. The distribution of these repricing avalanches converges as n ->infinity to a mixture of generalized Poisson distributions with an indexofdispersion=1/(1-theta)2, where theta is determined by the equilibrium of the continuous limit. We calibrate the model to the US experience during 1988-2005 and o...
