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作者:Bai, Jie; Jayachandran, Seema; Malesky, Edmund J.; Olken, Benjamin A.
作者单位:Harvard University; Northwestern University; Duke University; Massachusetts Institute of Technology (MIT)
摘要:This article tests whether firm growth reduces corruption, using data from over 10,000 Vietnamese firms. We employ instrumental variables based on growth in a firm's industry in other provinces within Vietnam and in China. We find that firm growth reduces bribes as a share of revenues. We propose a mechanism for this effect whereby government officials' decisions about bribes are modulated by inter-jurisdictional competition. This mechanism also implies that growth reduces bribery more for mor...
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作者:Iacopetta, Maurizio; Minetti, Raoul; Peretto, Pietro F.
作者单位:Universite Cote d'Azur; SKEMA Business School; Michigan State University; Duke University
摘要:This article introduces corporate governance frictions into a growth model with endogenous market structure. Managers engage in corporate resource diversion and empire building. Shareholders discipline managers with incentive compensation contracts. A reform that mitigates corporate governance frictions boosts firms' entry and, for a given market structure, has an ambiguous impact on incumbents' return to product improvement. However, as the market structure adjusts, becoming more diffuse, inc...
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作者:Anelli, Massimo; Peri, Giovanni
作者单位:Bocconi University; University of California System; University of California Davis
摘要:Using a newly constructed longitudinal data set of 30,000 Italian individuals, we analyse whether the gender composition of peers in high school affected their choice of college major and labour market outcomes. To identify causation, we exploit random assignment of classmates within school-cohort. We generally do not find significant effects of peer gender on college choice and following outcomes. Only male students graduating from classes with a very large majority of male peers were more li...
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作者:Cameron, Lisa; Meng, Xin; Zhang, Dandan
作者单位:University of Melbourne; Australian National University; Peking University
摘要:This article uses survey and experimental data from prison inmates and comparable non-inmates to examine the drivers of rising criminality in China. We find that China's high sex ratios are associated with greater risk-taking, greater impatience and greater neuroticism amongst males. These underlying behavioural impacts explain some part of the increase in criminality. The primary avenue through which the sex ratio increases crime, however, is the direct pressure on men to appear financially a...
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作者:Pons, Vincent; Liegey, Guillaume
摘要:Improving the political participation immigrants could advance their interests and foster their integration into receiving countries. In this study, 23,800 citizens were randomly assigned to receive visits from political activists during the lead-up to the 2010 French regional elections. Treatment increased the turnout of immigrants without having any statistically significant effect on non immigrants, while turnout was roughly equal in the control group. A post-electoral survey reveals that i...
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作者:Estevan, Fernanda; Gall, Thomas; Morin, Louis-Philippe
作者单位:Getulio Vargas Foundation; University of Southampton; University of Ottawa
摘要:We examine an innovative affirmative action policy at UNICAMP, a large and highly ranked Brazilian university, designed to enhance access for disadvantaged (public high school) applicants. The university awarded bonus points to targeted applicants in their admission exam. We assess the effect of this policy on the composition of admitted students and investigate possible behavioural responses in terms of examination preparation effort. We find that the policy significantly increased the admiss...
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作者:Heinen, Andreas; Khadan, Jeetendra; Strobl, Eric
作者单位:CY Cergy Paris Universite; Inter-American Development Bank; University of Bern
摘要:We examine the impact of extreme weather on consumer prices in developing countries by constructing a monthly data set of potential hurricane and flood destruction indices and linking these with consumer price data for 15 Caribbean islands. Our econometric model shows that the price impact of extreme weather events can be large. To illustrate potential welfare losses due to these price effects, we combine our estimates with price elasticities obtained from a demand system and with event probab...
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作者:Cassidy, Traviss
作者单位:University of Alabama System; University of Alabama Tuscaloosa
摘要:We estimate the long-run effects of oil wealth on development by exploiting spatial variation in sedimentary basins-areas where petroleum can potentially form. Instrumental variables estimates indicate that oil production impedes democracy and fiscal capacity development, increases corruption, and raises GDP per capita without significantly harming the non-resource sectors of the economy. We find no evidence that oil production increases internal armed conflict, coup attempts, or political pur...
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作者:Cavalcanti, Tiago; Da Mata, Daniel; Santos, Marcelo
作者单位:University of Cambridge; Getulio Vargas Foundation; Instituto de Pesquisa Economica Aplicada (IPEA); Insper
摘要:We construct a simple model of a city with heterogeneous agents and housing choice to explain the determinants of slums, home to about one-third of the urban population in developing countries. The model supports the main empirical evidence regarding slum formation and is able quantitatively to assess the role of each determinant of slum growth. We show that urban poverty, inequality and rural-urban migration explain much of the variation in slum growth in Brazil from 1980 to 2000. Ex ante eva...
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作者:Aaronson, Daniel; Phelan, Brian J.
作者单位:Federal Reserve System - USA; Federal Reserve Bank - Chicago
摘要:We extend the task based empirical framework used in the job polarisation literature to analyse the susceptibility of low-wage employment to technological substitution. We find that increases in the cost of low-wage labour, via minimum wage hikes, lead to relative employment declines at cognitively routine Occupations but not manually-routine or non routine low-wage occupations. This suggests that low-wage routine cognitive tasks are susceptible to technological substitution. While the short-r...