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作者：Fukui, Masao; Nakamura, Emi; Steinsson, Jon
作者单位：Boston University; University of California System; University of California Berkeley
摘要：We study the consequences of regime-induced exchange rate depreciations by comparing outcomes for peggers versus floaters to the U.S. dollar in response to a dollar depreciation. Pegger currencies depreciate relative to floater currencies and these depreciations are strongly expansionary. The boom is associated with a fall in net exports, and (if anything) an increase in interest rates in the pegger countries. This suggests that expenditure switching and domestic monetary policy are not the ma...
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作者：Amaral, Sofia; Borker, Girija; Fiala, Nathan; Kumar, Anjani; Prakash, Nishith; Sviatschi, Maria Micaela
作者单位：The World Bank; Leibniz Association; Ifo Institut; The World Bank; IZA Institute Labor Economics; University of Connecticut; Northeastern University; Princeton University; National Bureau of Economic Research
摘要：We conduct a randomized controlled trial to evaluate the effect of an innovative police patrol program on sexual harassment in public spaces in Hyderabad, India. In collaboration with the Hyderabad City Police, we randomize exposure to police patrols and the visibility of officers by deploying both uniformed and undercover officers across 350 hot spots. To assess the effect, we implement a novel, high-frequency observation exercise to measure sexual harassment at these hot spots, where enumera...
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作者：Mountjoy, Jack
作者单位：University of Chicago; National Bureau of Economic Research
摘要：This article studies the returns to enrolling in U.S. public universities by comparing the long-term outcomes of barely admitted versus barely rejected applicants. I use administrative admission records spanning all 35 public universities in Texas, which collectively enroll 10% of all American public university students, to systematically identify and employ decentralized cutoffs in SAT/ACT scores that generate discontinuities in admission and enrollment. The typical marginally admitted studen...
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作者：Caldwell, Sydnee; Haegele, Ingrid; Heining, Jorg
作者单位：University of California System; University of California Berkeley; National Bureau of Economic Research; University of Munich
摘要：We use novel surveys of firms and workers, linked to administrative employer-employee data, to study the prevalence and importance of individual bargaining in wage determination. We show that simple survey questions accurately elicit firms' bargaining strategies. Using the elicited strategies for 772 German firms, we document that the majority of firms are willing to engage in individual wage bargaining. Labor market factors predict firms' strategies better than firm characteristics. Survey re...
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作者：Chetty, Raj; Dobbie, Will; Goldman, Benjamin; Porter, Sonya R.; Yang, Crystal S.
作者单位：Harvard University; Cornell University
摘要：We show that intergenerational mobility changed rapidly by race and class in recent decades in the United States and study the causal mechanisms underlying those changes. Between the 1978 and 1992 birth cohorts, earnings increased for white children from high-income families relative to white children from low-income families, increasing earnings gaps by parental income (class) by 30%. Earnings increased for Black children at all parental income levels, reducing white-Black earnings gaps for c...
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作者：Chetty, Raj; Deming, David J.; Friedman, John N.
作者单位：Harvard University; National Bureau of Economic Research; Brown University
摘要：We use anonymized admissions data from several colleges linked to income tax records and SAT and ACT test scores to study the determinants and causal effects of attending Ivy-Plus colleges (Ivy League, Stanford, MIT, Duke, and Chicago). Children from families in the top 1% are more than twice as likely to attend an Ivy-Plus college as those from middle-class families with comparable SAT/ACT scores. Two-thirds of this gap is due to higher admission rates for students with comparable test scores...
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作者：Pellegrino, Bruno; Spolaore, Enrico; Wacziarg, Romain
作者单位：National Bureau of Economic Research; Leibniz Association; Ifo Institut; National Bureau of Economic Research; Tufts University; University of California System; University of California Los Angeles; National Bureau of Economic Research
摘要：Observed international investment positions and cross-country heterogeneity in rates of return to capital are hard to reconcile with frictionless capital markets. This article develops a theory of international capital allocation: a multi-country dynamic spatial general equilibrium model in which the entire network of cross-border investment is endogenously determined. Our model features cross-country heterogeneity in fundamental risk, a demand system for international assets, and frictions th...
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作者：Buzard, Kristy; Gee, Laura K.; Stoddard, Olga
作者单位：Syracuse University; Tufts University; Brigham Young University
摘要：Gender imbalance in time spent on child-rearing causes gender inequalities in labor market outcomes, human capital accumulation, and economic mobility. We conduct a large-scale field experiment with a near universe of U.S. schools to investigate a potential source of inequality: external demands for parental involvement. Schools receive an email from a fictitious two-parent household and are asked to call one of the parents back. Mothers are 1.4 times more likely than fathers to be contacted. ...
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作者：Bohren, J. Aislinn; Hull, Peter; Imas, Alex
作者单位：Brown University; University of Chicago
摘要：Economists often measure discrimination as disparities arising from the direct effects of group identity. We develop new tools to model and measure systemic discrimination, capturing how discrimination in other decisions indirectly contributes to disparities. A novel experimental design, the iterated audit, identifies systemic discrimination. We illustrate these new tools in two field experiments. The first experiment shows how racial discrimination can accumulate across multiple rounds of hir...
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作者：Finkelstein, Amy; Notowidigdo, Matthew J.; Schilbach, Frank; Zhang, Jonathan
作者单位：Massachusetts Institute of Technology (MIT); National Bureau of Economic Research; University of Chicago; Duke University
摘要：We leverage spatial variation in the severity of the Great Recession across the United States to examine its impact on mortality and explore the quantitative implications. We estimate that an increase in the unemployment rate of the magnitude of the Great Recession reduces the average annual age-adjusted mortality rate by 2.3%, with effects persisting for at least 10 years. Mortality reductions appear across causes of death and are concentrated in the half of the population with a high school ...
