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作者：Almas, Ingvild; Auffhammer, Maximilian; Bold, Tessa; Bolliger, Ian; Dembo, Aluma; Hsiang, Solomon M.; Kitamura, Shuhei; Miguel, Edward; Pickmans, Robert
作者单位：Stockholm University; University of California System; University of California Berkeley; National Bureau of Economic Research; Reichman University; University of Osaka
摘要：Accumulating evidence indicates that environmental temperature substantially affects economic outcomes and violence, but the reasons for this linkage are only partially understood. We study whether temperature directly influences behaviour by evaluating the effect of thermal stress on multiple dimensions of economic decision-making, judgement and destructive behaviour with 2,000 participants in Kenya and the United States who were randomly assigned to different temperatures in a laboratory. Th...
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作者：Sonno, Tommaso
作者单位：University of Bologna; University of London; London School Economics & Political Science
摘要：Using a novel georeferenced dataset on the affiliates and headquarters of multinational enterprises between 2007 and 2018 together with georeferenced conflict data for the African continent, this work establishes a causal link between the activities of multinational enterprises and violent conflicts: multinational activity increases the number of conflicts. This particularly applies to sectors intense in scarce resources, especially land. As farming is the primary source of food and income for...
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作者：Ayerst, Stephen
作者单位：International Monetary Fund
摘要：To what extent do firm-level institutional distortions drive cross-country technology differences? I develop a quantitative model of technology adoption in which heterogeneous firms adopt technology depending on their underlying productivity and institutional environment. The institutional environment is represented by size-dependent firm-level wedges on revenues that distort firm decisions. The model is calibrated to match the US firm employment distribution and the average adoption length of...
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作者：Bai, Chong-En; Jia, Ruixue; Li, Hongbin; Wang, Xin
作者单位：University of California System; University of California San Diego; Tsinghua University; University of California System; University of California San Diego; Stanford University; Chinese University of Hong Kong
摘要：This paper examines the correlation between cognitive ability and firm creation. Drawing on administrative college admission data and firm registration records in China, we investigate who had created firms by their mid-thirties. We find a clear pattern of entrepreneurial reluctance: given the same backgrounds, individuals with higher college entrance exam scores are less likely to create firms. Through an exploration of firm performance, alternative career trajectories and variations across r...
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作者：Sevuk, Baris
作者单位：University of Bologna
摘要：Fumagalli and Motta (The Economic Journal, 2008) argued that competition among downstream buyers limits the ability of a dominant upstream firm to deter entry by a more efficient competitor. This comment demonstrates that the impact of downstream competition is, in fact, more complex. In particular, competition can motivate buyers to favour the incumbent due to a 'raising rivals' cost' effect.
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作者：Boucher, Stephen R.; Carter, Michael R.; Flatnes, Jon Einar; Lybbert, Travis J.; Malacarne, Jonathan G.; Marenya, Paswel P.; Paul, Laura A.
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作者：Alvarez-Palau, Eduard J.; Bogart, Dan; Satchell, Max; Shaw-Taylor, Leigh
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作者：Abebe, Girum; Caria, A. Stefano; Fafchamps, Marcel; Falco, Paolo; Franklin, Simon; Quinn, Simon; Shilpi, Forhad
作者单位：The World Bank; University of Warwick; Stanford University; University of Copenhagen; University of London; Queen Mary University London; Imperial College London; The World Bank
摘要：We evaluate the impacts of a randomised job fair intervention in which jobseekers and employers can meet at low cost. The intervention generates few hires, but it lowers participants' expectations and causes both firms and workers to invest more in search as predicted by a theoretical model; this improves employment outcomes for less educated jobseekers. Through a unique two-sided belief-elicitation survey, we confirm that firms and jobseekers have overoptimistic expectations about the market....
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作者：Berlingieri, Giuseppe; Marcolin, Luca; Ornelas, Emanuel
作者单位：ESSEC Business School; University of London; London School Economics & Political Science; Organisation for Economic Co-operation & Development (OECD); Getulio Vargas Foundation; Centre for Economic Policy Research - UK; Leibniz Association; Ifo Institut
摘要：Service inputs significantly influence export costs and firm internationalisation. A new dataset on French firms' participation in global value chains reveals that experienced exporters are more likely to source services at destination and within their group. We rationalise these facts in a model where firms are initially uncertain about their export profitability and learn it while selling abroad. The effect is amplified in uncertain markets and in the presence of frictions to domestic sourci...
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作者：Moeller, Marc; Beccuti, Juan
作者单位：University of Bern
摘要：In a common-value environment with multi-stage competition, losing a stage conveys positive news about a rival's estimation of a contested prize, capable of balancing the discouraging effect of falling behind. We show that, due to players' learning from stage outcomes, aggregate incentives under private information are often greater than under public information and may even exceed the static competition benchmark. Moreover, laggards can become more motivated than leaders, giving rise to long-...
