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作者:Quach, Simon
作者单位:University of Southern California
摘要:This article studies the unexpected retraction of a U.S. federal policy in 2016 that would have more than doubled the overtime exemption threshold from $455 to $913 per week and thereby grant overtime protection to an additional 20% of salaried workers. Although the policy was blocked by a federal court injunction a week before it was supposed to take effect, I show that it nevertheless had a persistent positive impact on workers' earnings. Leveraging a bunching design with administrative payr...
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作者:Coube, Maira; Fontes, Luiz Felipe; Rocha, Rudi
作者单位:Insper
摘要:Theory predicts that outsourcing public services to the private sector can reduce costs and improve efficiency but can also induce cost-cutting and compromise quality. We assess the Brazilian Organiza & ccedil;& otilde;es Sociais de Saude model (OSS), which outsources management of public hospital services to the private sector while the state remains the residual claimant. We show that this enhances hospital production and operational efficiency without adverse effects on hospital quality and...
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作者:Weidmann, Ben; Vecci, Joseph; Said, Farah; Bhalotra, Sonia; Adhvaryu, Achyuta; Nyshadham, Anant; Tamayo, Jorge; Deming, David
作者单位:University of London; University College London; University of London; London School Economics & Political Science; University of Gothenburg; Lahore University of Management Sciences; University of Warwick; Centre for Economic Policy Research - UK; IZA Institute Labor Economics; Leibniz Association; Ifo Institut; University of California System; National Bureau of Economic Research; University of California San Diego; University of Michigan System; National Bureau of Economic Research; University of Michigan; Harvard University; Harvard University; National Bureau of Economic Research
摘要:We introduce and validate a novel approach to identifying good managers. In a preregistered lab experiment, we causally identify managerial contributions by randomly assigning managers to teams and controlling for individual skill. We find that manager contributions are crucial for team success, and that people who self-select into management roles perform worse than randomly assigned managers. Managerial performance is strongly predicted by economic decision-making skill but not by demographi...
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作者:Almelhem, Ali; Iyigun, Murat; Kennedy, Austin; Rubin, Jared
作者单位:University of Colorado System; University of Colorado Boulder; Chapman University System; Chapman University
摘要:We trace the evolution of the language of science, religion, and political economy in the centuries leading to the British Industrial Revolution. Using textual analysis of 264,443 works printed in England between 1500 and 1900, we test whether British culture manifested a belief in progress associated with science and industry. Our analysis yields three main findings. First, there was a separation in the languages of science and religion beginning in the mid-eighteenth century. Second, volumes...
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作者:de Silva, Tim
作者单位:Stanford University
摘要:Student loans with income-contingent repayment insure borrowers against income risk but can reduce their incentives to earn more. Using a change in Australia's income-contingent repayment schedule, I show that borrowers reduce their labor supply to lower their repayments. These responses are larger among borrowers with more hourly flexibility, a lower probability of repayment, and tighter liquidity constraints. I use these responses to estimate a dynamic model of labor supply with frictions th...
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作者:Gethin, Amory; Saez, Emmanuel
作者单位:The World Bank
摘要:This article uses labor force surveys from 160 countries to build a new microdatabase on hours worked covering 97% of the world population in cross section. We also construct time series spanning over 20 years in 86 countries. Hours worked per adult slightly decline with GDP per capita but are weakly correlated with development overall. Hours worked by the young (aged 15-19) and elderly (aged 60+) fall with development, driven entirely by growing school attendance and public pension coverage. ...
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作者:Sugaya, Takuo; Wolitzky, Alexander
作者单位:Stanford University; Massachusetts Institute of Technology (MIT)
摘要:Motivated by recent concerns surrounding the use of third-party pricing algorithms by competing firms, we study repeated Bertrand competition where market demand or the cost of serving the market is observed by an intermediary (or algorithm) that selectively discloses demand or cost information to maximize firms' collusive profit. We show that an upper censorship disclosure policy is optimal, which leads to price rigidity and supra-monopoly prices in some states. Improving the algorithm's accu...
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作者:Gehring, Kai; Schaudt, Paul
作者单位:University of Bern; Leibniz Association; Ifo Institut; KU Leuven
摘要:We provide quasi-experimental evidence of how an innovative market-based solution using remote-sensing technology can mitigate drought-induced conflict. Droughts are a major driver of conflict in Africa, particularly between transhumant pastoralists and sedentary farmers. Index-Based Livestock Insurance (IBLI), a program piloted in Kenya, provides automated, preemptive payouts to pastoralists affected by droughts. Combining variation in rainfall and the staggered rollout of IBLI in Kenya over ...
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作者:Feigenbaum, James; Palmer, Maxwell; Schneer, Benjamin
作者单位:Boston University; National Bureau of Economic Research; Boston University; Harvard University
摘要:Does family history matter for policy making in democracies? Linking members of Congress (MCs) to the census, we observe countries of birth for members, their parents, and their grandparents, allowing us to measure ancestry for the politicians in office when U.S. immigration policy changed dramatically, from closing the border in the 1920s to reshaping admittance criteria in the 1960s. We find that legislators descended from immigrant parents or grandparents support more permissive immigration...
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作者:Hampole, Menaka; Truffa, Francesca; Wong, Ashley
作者单位:Yale University; University of Michigan System; University of Michigan; Leibniz Association; Ifo Institut; Columbia University
摘要:Women continue to be underrepresented in corporate leadership positions. This article studies the role of social connections in women's career advancement. We investigate whether access to a larger share of female peers in business school affects the gender gap in senior managerial positions. Merging administrative data from a top 10 U.S. business school with public LinkedIn profiles, we first document that female MBAs are 24% less likely than male MBAs to enter senior management within 15 yea...