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作者：Flory, Jeffrey A.; Leibbrandt, Andreas; List, John A.
作者单位：Claremont Colleges; Claremont McKenna College; Claremont Graduate University; Monash University; University of Chicago
摘要：An important line of research using laboratory experiments has provided a new potential reason for gender imbalances in labour markets: men are more competitively inclined than women. Whether, and to what extent, gender differences in attitudes toward competition lead to differences in naturally occurring labour markets remains an open question. To examine this, we run a natural field experiment on job-entry decisions where we randomize almost 9000 job-seekers into different compensation regim...
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作者：Frankel, David M.; Jin, Yu
作者单位：Iowa State University; Shanghai University of Finance & Economics
摘要：We study the effects of securitization on interbank lending competition. An applicant's observable features are seen by a remote bank, while her true credit quality is known only to a local bank. Without securitization, the remote bank does not compete because of a winner's curse. With securitization, in contrast, ignorance is bliss: the less a bank knows about its loans, the less of a lemons problem it faces in selling them. This enables the remote bank to compete successfully in the lending ...
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作者：Georgiadis, George
作者单位：Boston University; California Institute of Technology
摘要：I study a dynamic problem in which a group of agents collaborate over time to complete a project. The project progresses at a rate that depends on the agents' efforts, and it generates a pay-off upon completion. I show that agents work harder the closer the project is to completion, and members of a larger team work harder than members of a smaller team-both individually and on aggregate-if and only if the project is sufficiently far from completion. I apply these results to determine the opti...
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作者：Doepke, Matthias; Hazan, Moshe; Maoz, Yishay D.
作者单位：Northwestern University; Tel Aviv University; Open University Israel
摘要：We argue that one major cause of the U.S. post-war baby boom was the rise in female labour supply during World War II. We develop a quantitative dynamic general equilibrium model with endogenous fertility and female labour force participation decisions. We use the model to assess the impact of the war on female labour supply and fertility in the decades following the war. For the war generation of women, the high demand for female labour brought about by mobilization leads to an increase in la...
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作者：Grubb, Michael D.
作者单位：Boston College
摘要：For many goods and services such as electricity, health care, cellular phone service, debit-card transactions, or those sold with loyalty discounts, the price of the next unit of service depends on past usage. As a result, consumers who are inattentive to their past usage but are aware of contract terms may remain uncertain about the price of the next unit. I develop a model of inattentive consumption, derive equilibrium pricing when consumers are inattentive, and evaluate bill-shock regulatio...
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作者：Cowgill, Bo; Zitzewitz, Eric
作者单位：University of California System; University of California Berkeley; Dartmouth College
摘要：Despite the popularity of prediction, markets among economists, businesses, and policymakers have been slow to adopt them in decision-making. Most studies of prediction markets outside the lab are from public markets with large trading populations. Corporate prediction markets face additional issues, such as thinness, weak incentives, limited entry, and the potential for traders with biases or ulterior motives-raising questions about how well these markets will perform. We examine data from pr...
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作者：De La Croix, David; Mariani, Fabio
作者单位：Universite Catholique Louvain; Universite Catholique Louvain; IZA Institute Labor Economics
摘要：Marriage institutions have changed over time, evolving from polygyny to monogamy, and then to serial monogamy (as defined by divorce and remarriage). We propose a unified theory of such institutional changes, where the dynamics of income distribution are the driving force. We characterize the marriage-market equilibrium in each of the three alternative regimes, and determine which one emerges as a political equilibrium, depending on the state of the economy. In a two-class society, a rise in t...
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作者：Caliendo, Lorenzo; Parro, Fernando
作者单位：Yale University; National Bureau of Economic Research
摘要：We build into a Ricardian model sectoral linkages, trade in intermediate goods, and sectoral heterogeneity in production to quantify the trade and welfare effects from tariff changes. We also propose a new method to estimate sectoral trade elasticities consistent with any trade model that delivers a multiplicative gravity equation. We apply our model and use our estimated elasticities to identify the impact of NAFTA's tariff reductions. We find that Mexico's welfare increases by 1.31%, U.S.'s ...
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作者：Cohn, Alain; Marechal, Michel Andre; Noll, Thomas
作者单位：University of Chicago; University of Zurich
摘要：We conducted an experiment with 182 inmates from a maximum security prison to analyze the impact of criminal identity salience on cheating. The results show that inmates cheat more when we exogenously render their criminal identity more salient. This effect is specific to individuals who have a criminal identity, because an additional placebo experiment shows that regular citizens do not become more dishonest in response to crime-related reminders. Moreover, our experimental measure of cheatin...
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作者：Gueell, Maia; Rodriguez Mora, Jose V.; Telmer, Christopher I.
作者单位：University of Edinburgh; Centre for Economic Policy Research - UK; University of Edinburgh; Centre for Economic Policy Research - UK; Carnegie Mellon University
摘要：We propose a new methodology for measuring intergenerational mobility in economic well-being. Our method is based on the joint distribution of surnames and economic outcomes. It circumvents the need for intergenerational panel data, a long-standing stumbling block for understanding mobility. It does so by using cross-sectional data alongside a calibrated structural model to recover the traditional intergenerational elasticity measures. Our main idea is simple. If inheritance is important for e...
