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作者:Falk, A.; Neuber, T.; Szech, N.
作者单位:University of Bonn; Helmholtz Association; Karlsruhe Institute of Technology
摘要:We study how the diffusion of being pivotal affects immoral outcomes. In our main experiment, subjects decide about agreeing to kill mice and receiving money versus objecting to the killing and foregoing the monetary amount. In a baseline condition, subjects decide individually about the life of one mouse. In the main treatment, subjects are organized into groups of eight and decide simultaneously. Eight mice are killed if at least one subject opts for killing. The fraction of subjects agreein...
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作者:Sadoff, Sally; Samek, Anya; Sprenger, Charles
作者单位:University of California System; University of California San Diego; University of Southern California
摘要:We conduct field experiments to investigate dynamic inconsistency and commitment demand in food choice. In two home grocery delivery programs, we document substantial dynamic inconsistency between advance and immediate choices. When given the option to commit to their advance choices, around half of subjects take it up. Commitment demand is negatively correlated with dynamic inconsistency, suggesting those with larger self-control problems are less likely to be aware thereof. We evaluate the w...
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作者:Chade, Hector; Eeckhout, Jan
作者单位:Arizona State University; Arizona State University-Tempe; University of London; University College London
摘要:In many economic applications of matching, the teams that form compete later in market structures with strategic interactions or with knowledge spillovers. Such post-match competition introduces externalities at the matching stage: a team's payoff depends not only on their members' attributes but also on those of other matched teams. This article develops a large market model of matching with externalities, in which first teams form, and then they compete. We analyse the sorting patterns that ...
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作者:Brown, David W.; Kowalski, Amanda E.; Lurie, Ithai Z.
作者单位:United States Department of the Treasury; University of Michigan System; University of Michigan
摘要:We use administrative data from the Internal Revenue Service to examine long-term impacts of childhood Medicaid eligibility expansions on outcomes in adulthood at each age from 19 to 28. Greater Medicaid eligibility increases college enrolment and decreases fertility, especially through age 21. Starting at age 23, females have higher contemporaneous wage income, although male increases are imprecise. Together, both genders have lower mortality. These adults collect less from the earned income ...
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作者:Black, Sandra E.; Devereux, Paul J.; Lundborg, Petter; Majlesi, Kaveh
作者单位:Columbia University; Norwegian School of Economics (NHH); IZA Institute Labor Economics; National Bureau of Economic Research; University College Dublin; Lund University
摘要:Wealth is highly correlated between parents and their children; however, little is known about the extent to which these relationships are genetic or determined by environmental factors. We use administrative data on the net wealth of a large sample of Swedish adoptees merged with similar information for their biological and adoptive parents. Comparing the relationship between the wealth of adopted and biological parents and that of the adopted child, we find that, even prior to any inheritanc...
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作者:Haggag, K.
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作者:Barrage, Lint
作者单位:Brown University; National Bureau of Economic Research
摘要:How should carbon be taxed as a part of fiscal policy? The literature on optimal carbon pricing often abstracts from other taxes. However, when governments raise revenues with distortionary taxes, carbon levies have fiscal impacts. While they raise revenues directly, they may shrink the bases of other taxes (e.g. by decreasing employment). This article theoretically characterizes and then quantifies optimal carbon taxes in a dynamic general equilibrium climate-economy model with distortionary ...
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作者:di Maggio, Marco; Kermani, Amir; Palmer, Christopher J.
作者单位:Harvard University; National Bureau of Economic Research; University of California System; University of California Berkeley; Massachusetts Institute of Technology (MIT)
摘要:We document the transmission of large-scale asset purchases by the Federal Reserve to the real economy using rich borrower-linked mortgage-market data and an identification strategy based on mortgage market segmentation. We find that central bank QE1 MBS purchases substantially increased refinancing activity, reduced interest payments for refinancing households, led to a boom in equity extraction, and increased aggregate consumption. Relative to QE-ineligible jumbo mortgages, QE-eligible confo...
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作者:Gertler, Mark; Huckfeldt, Christopher; Trigari, Antonella
作者单位:New York University; National Bureau of Economic Research; Cornell University; Bocconi University; Center for Economic & Policy Research (CEPR); Bocconi University
摘要:We revisit the issue of the high cyclicality of wages of new hires. We show that after controlling for composition effects likely involving procyclical upgrading of job match quality, the wages of new hires are no more cyclical than those of existing workers. The key implication is that the sluggish behaviour of wages for existing workers is a better guide to the cyclicality of the marginal cost of labour than is the high measured cyclicality of new hires wages unadjusted for composition effec...
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作者:Ekmekci, Mehmet; Lauermann, Stephan
作者单位:Boston College; University of Bonn
摘要:We study the aggregation of dispersed information in elections in which turnout may depend on the state. State-dependent turnout may arise from the actions of a biased and informed election organizer. Voters are symmetric ex ante and prefer policy a in state and policy in state , but the organizer prefers policy regardless of the state. Each recruited voter observes a private signal about the unknown state but does not learn the turnout. First, we characterize how the outcomes of large electio...