-
作者：Garthwaite, Craig L.
作者单位：Northwestern University
摘要：This paper studies the economic effects of endorsements. In the publishing sector, endorsements are found to be a business stealing form of advertising that raises title level sales without expanding the market size. If anything, the endorsements decrease aggregate adult fiction sales. This might be a result of the endorsed books being more difficult than those that otherwise would have been purchased. Economically meaningful sales increases are also found for nonendorsed titles written by end...
-
作者：Gonzalez-Navarro, Marco
作者单位：University of Toronto
摘要：Understanding the degree of geographical crime displacement is crucial for the design of crime prevention policies. This paper documents changes in automobile theft risk that were generated by the plausibly exogenous introduction of Lojack, a highly effective stolen vehicle recovery device, into a number of new Ford car models in some Mexican states, but not others. Lojack-equipped vehicles in Lojack-coverage states experienced a 48 percent reduction in theft risk due to deterrence effects. Ho...
-
作者：Litschig, Stephan; Morrison, Kevin M.
作者单位：Pompeu Fabra University; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要：This paper provides regression discontinuity evidence on development impacts of intergovernmental transfers. Extra transfers in Brazil increased local government spending per capita by about 20 percent over a 4 year period with no evidence of crowding out own revenue or other revenue sources. Schooling per capita increased by about 7 percent and literacy rates by about 4 percentage points. In line with the effect on human capital, the poverty rate was reduced by about 4 percentage points. Some...
-
作者：Dobbie, Will; Skiba, Paige Marta
作者单位：Vanderbilt University
摘要：Information asymmetries are prominent in theory but difficult to estimate. This paper exploits discontinuities in loan eligibility to test for moral hazard and adverse selection in the payday loan market. Regression discontinuity and regression kink approaches suggest that payday borrowers are less likely to default on larger loans. A $50 larger payday loan leads to a 17 to 33 percent drop in the probability of default. Conversely, there is economically and statistically significant adverse se...
-
作者：Collins, William J.; Shester, Katharine L.
作者单位：Vanderbilt University; Washington & Lee University
摘要：We study the local effects of a federal program that helped cities clear areas for redevelopment, rehabilitate structures, complete city plans, and enforce building codes. We use an instrumental variable strategy to estimate the program's effects on city-level measures of income, property values, employment and poverty rates, and population. The estimated effects on income, property values, and population are positive and economically significant. They are not driven by changes in demographic ...
-
作者：Wang, Shing-Yi
摘要：This paper considers the role of marriage in improving labor market outcomes through the expansion of an individual's networks. I focus on the impact of the relationship with the father-in-law on a young man's career using panel data from China. The identification strategy isolates the network effects related to a man's father-in-law by examining the post-marriage death of a father-in-law. The estimates suggest that the loss of the father-in-law translates into a decrease in a man's earnings o...
-
作者：Bhattacharya, Jay; Gathmann, Christina; Miller, Grant
作者单位：Stanford University; National Bureau of Economic Research; Ruprecht Karls University Heidelberg
摘要：Political and economic transition is often blamed for Russia's 40 percent surge in deaths between 1990 and 1994. Highlighting that increases in mortality occurred primarily among alcohol-related causes and among working-age men (the heaviest drinkers), this paper investigates an alternative explanation: the demise of the 1985-1988 Gorbachev Anti-Alcohol Campaign. Using archival sources to build a new oblast-year dataset spanning 1978-2000, we find a variety of evidence suggesting that the camp...
-
作者：Moretti, Enrico
作者单位：University of California System; University of California Berkeley
摘要：While nominal wage differences between skilled and unskilled workers have increased since 1980, college graduates have experienced larger increases in cost of living because they have increasingly concentrated in cities with high cost of housing. Using a city-specific CPI, I find that real wage differences between college and high school graduates have grown significantly less than nominal differences. Changes in the geographical location of different skill groups are to a significant degree d...
-
作者：de Mel, Suresh; McKenzie, David; Woodruff, Christopher
作者单位：University of Peradeniya; The World Bank; University of Warwick
摘要：A field experiment in Sri Lanka provides informal firms incentives to formalize. Information about the registration process and reimbursement of direct costs does not increase registration. Payments equivalent to one-half to one month (alternatively, two months) of the median firm's profits leads to registration of around one-fifth (alternatively, one-half) of firms. Land ownership issues are the most common reason for not registering. Follow-up surveys 15 to 31 months later show higher mean p...
-
作者：Dobbie, Will; Fryer, Roland G., Jr.
作者单位：Princeton University; Harvard University; National Bureau of Economic Research
摘要：In this paper, we collect data on the inner-workings of 39 charter schools and correlate these data with school effectiveness. We find that traditionally collected input measures-class size, per-pupil expenditure, teacher certification, and teacher training-are not correlated with school effectiveness. In stark contrast, we show that an index of five policies suggested by qualitative research-frequent teacher feedback, the use of data to guide instruction, high-dosage tutoring, increased instr...
