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作者：Chatterjee, Arpita; Dix-Carneiro, Rafael; Vichyanond, Jade
作者单位：University of New South Wales Sydney; University System of Maryland; University of Maryland College Park; International Monetary Fund
摘要：This paper studies the effect of exchange rate shocks on export behavior of multi-product firms. We provide a theoretical framework illustrating how firms adjust their prices, quantities, product scope, and sales distribution across products in the event of exchange rate fluctuations. In response to a real exchange rate depreciation, firms increase markups for all products, but markup increases decline with firm-product-specific marginal costs of production. We find robust evidence for our the...
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作者：Grinstein-Weiss, Michal; Sherraden, Michael; Gale, William G.; Rohe, William M.; Schreiner, Mark; Key, Clinton
作者单位：Washington University (WUSTL); Brookings Institution; University of North Carolina; University of North Carolina Chapel Hill
摘要：We examine the long-term effects of a 1998-2003 randomized experiment in Tulsa, Oklahoma with Individual Development Accounts that offered low-income households 2:1 matching funds for housing down payments. Prior work shows that, among households who rented in 1998, homeownership rates increased more through 2003 in the treatment group than for controls. We show that control group renters caught up rapidly with the treatment group after the experiment ended. As of 2009, the program had an econ...
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作者：Niehaus, Paul; Sukhtankar, Sandip
作者单位：University of California System; University of California San Diego; Dartmouth College
摘要：Theoretical work on disciplining corrupt agents has emphasized the role of expected future rents-for example, efficiency wages. Yet taken seriously this approach implies that illicit future rents should also deter corruption. We study this golden goose effect in the context of a statutory wage increase in India's employment guarantee scheme, comparing official microrecords to original household survey data to measure corruption. We estimate large golden goose effects that reduced the total imp...
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作者：Basten, Christoph; Betz, Frank
作者单位：Swiss Federal Institutes of Technology Domain; ETH Zurich
摘要：We investigate the effect of Reformed Protestantism, relative to Catholicism, on preferences for leisure, and for redistribution and intervention in the economy. We use a Fuzzy Spatial Regression Discontinuity Design to exploit a historical quasi-experiment in Western Switzerland, where in the sixteenth century a hitherto homogeneous region was split and one part assigned to adopt Protestantism. We find that Reformed Protestantism reduces referenda voting for more leisure by 14, redistribution...
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作者：Aragon, Fernando M.; Rud, Juan Pablo
作者单位：Simon Fraser University; University of London; Royal Holloway University London
摘要：This paper examines the local economic impact of Yanacocha, a large gold mine in Northern Peru. Using annual household data from 1997 to 2006, we find evidence of a positive effect of the mine's demand for local inputs on real income. The effects are only present in the supply market and surrounding areas, and reach unskilled workers in non-mining sectors. Consistent with a general equilibrium framework, we also find an increase in the local price of nontradable goods. Taken together, our resu...
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作者：Brunner, Eric; Ross, Stephen L.; Washington, Ebonya
作者单位：University System of Georgia; Georgia State University; University of Connecticut; Yale University
摘要：We assemble a novel dataset of matched legislative and constituent votes and demonstrate that less income does not mean less representation. We show: (i) The opinions of high- and low-income voters are highly correlated; the legislator's vote often reflects the desire of both. (ii) What differences in representation by income exist vary by legislator party. Republicans more often vote the will of their higher income over their lower income constituents; Democratic legislators do the reverse. (...
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作者：LaLumia, Sara
作者单位：Williams College
摘要：The earned income tax credit generates large average tax refunds for low-income parents, and these refunds are distributed in a narrow time frame. I rely on this plausibly exogenous source of variation in liquidity to investigate the effect of cash on hand on unemployment duration. Among EITC-eligible women, unemployment spells beginning just after tax refund receipt last longer than unemployment spells beginning at other times of year. There is no evidence that tax refund receipt is associate...
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作者：Hanna, Rema N.; Linden, Leigh L.
作者单位：Harvard University; University of Texas System; University of Texas Austin
摘要：We report the results of an experiment that was designed to test for discrimination in grading in India. We recruited teachers to grade exams. We randomly assigned child characteristics (age, gender, and caste) to the cover sheets of the exams to ensure that there is no relationship between these observed characteristics and the exam quality. We find that teachers give exams that are assigned to be lower caste scores that are about 0.03 to 0.08 standard deviations lower than those that are ass...
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作者：Mertens, Karel; Ravn, Morten O.
作者单位：Cornell University; University of London; University College London; Centre for Economic Policy Research - UK
摘要：We provide evidence on the dynamic effects of tax liability changes in the United States. We distinguish between surprise and anticipated tax changes. Preannounced but not yet implemented tax cuts give rise to contractions in output, investment, and hours worked while real wages increase. There are no significant anticipation effects on aggregate consumption. Implemented tax cuts, regardless of their timing, have expansionary effects, on output, consumption, investment, hours worked, and real ...
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作者：Edmonds, Eric V.; Schady, Norbert
作者单位：Dartmouth College; Inter-American Development Bank
摘要：Poor women with children in Ecuador were selected at random for a cash transfer that is less than 20 percent of median child labor earnings. Poor families with children in school at the time of the award use the transfer to postpone the child's entry into the labor force. Students in families induced to take up the transfer by the experiment reduce paid employment by 78 percent and unpaid economic activity inside their home by 32 percent. Time in unpaid household services increases, but overal...
