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作者：Johnston, David W.; Shields, Michael A.; Suziedelyte, Agne
作者单位：Monash University; University of London
摘要：The costs of violent crime victimisation are often left to a tribunal, judge or jury to determine, which can lead to considerable subjectivity and variation. Using panel data, this article provides compensation estimates that help reduce the subjectivity of awards by providing a benchmark for the compensation required to offset direct and intangible costs. Individual-area fixed-effects models of well-being that allow for adaptation and the endogeneity of income suggest that, on average, A$88,0...
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作者：Charnoz, Pauline; Lelarge, Claire; Trevien, Corentin
作者单位：Institut Polytechnique de Paris; ENSAE Paris; Universite Paris Saclay; European Central Bank; Bank of France; Institut Polytechnique de Paris; ENSAE Paris; Institut Polytechnique de Paris; ENSAE Paris
摘要：We take advantage of the expansion of the French High-speed Rail to study the impact of decreases in communication costs in the form of lower travel times between headquarters and affiliated plants of corporate groups. We show that such shocks foster the functional specialisation of remote affiliates on their production activities. Support activities shrink because of the transfer of high-skilled managers to headquarters. These organisational rationalisations have a significant but small impac...
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作者：Gierlinger, Johannes; Laczo, Sarolta
作者单位：Autonomous University of Barcelona; Barcelona School of Economics; University of Surrey; Consejo Superior de Investigaciones Cientificas (CSIC); CSIC - Institut d'Analisi Economica (IAE); Center for Economic & Policy Research (CEPR)
摘要：This article studies the effect of limited commitment on sorting when two sides of a frictionless market form pairs to share risk. On each side, agents are identical except for their risk preferences. First, we provide analytical results when transfers do not condition on the history of shocks. More risk-averse agents can commit to larger transfers, as long as their consumption is less risky than their endowment. With sufficiently large idiosyncratic risk and sufficient discounting of the futu...
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作者：Kleemans, Marieke; Magruder, Jeremy
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; University of California System; University of California Berkeley
摘要：We study the labour market impact of internal migration in Indonesia by instrumenting migrant flows with rainfall shocks at the origin area. Estimates reveal that a one percentage point increase in the share of migrants decreases income by 0.97% and reduces employment by 0.24 percentage points. These effects are different across sectors: employment reductions are concentrated in the formal sector, while income reduction occurs in the informal sector. Negative consequences are most pronounced f...
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作者：Sandberg, Anna
作者单位：Stockholm University
摘要：I use data from the Olympic sport of dressage to explore in-group biases among judges. Dressage - the only international sport with subjective performance evaluations in which men and womencompete as equals - provides a rare opportunity to identify multiple in-group biases in the same naturally occurring setting. While, on average, judges are not biased in favour of either gender, they exhibit substantial biases in favour of (i) athletes of their own nationality, and (ii) athletes of the same ...
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作者：Almas, Ingvild; Armand, Alex; Attanasio, Orazio; Carneiro, Pedro
作者单位：Stockholm University; Norwegian School of Economics (NHH); University of Navarra; University of London; University College London; University of London; University College London; National Bureau of Economic Research
摘要：This article uses a novel identification strategy to measure power in the household. Our strategy is to elicit women's willingness to pay to receive a cash transfer instead of their spouse receiving it. We selected participants from a sample of women who had already participated in a policy intervention in Macedonia offering poor households cash transfers conditional on having their children attending secondary school. The programme randomised transfers at the municipality level to either hous...
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作者：Mariotti, Marco; Veneziani, Roberto
作者单位：University of London; Queen Mary University London
摘要：We model opportunities in society as chances of success', that is as they are commonly described by practitioners. We show that a classical liberal principle of justice together with a limited principle of social rationality imply that the social objective should be to maximise the chance that everybody in society succeeds. Technically, this means using a Nash' welfare criterion. A particular consequence is that the failure of even only one individual must be considered maximally detrimental. ...
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作者：Michalopoulos, Stelios; Naghavi, Alireza; Prarolo, Giovanni
作者单位：Brown University; University of Bologna
摘要：This study explores the historical determinants of the spread of Islam. Motivated by a plethora of historical accounts stressing the role of trade for the adoption of Islam, we construct detailed data on pre-Islamic trade routes to determine this empirical regularity. Our analysis establishes that proximity to the pre-600 CE trade network is a robust predictor of today's Muslim adherence across countries and ethnic groups in the Old World. We also show that Islam spread successfully in regions...
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作者：Falk, Armin; Zimmermann, Florian
作者单位：University of Bonn; University of Zurich
摘要：Beliefs are often found to be sticky and rather immune to new information. In this article, we highlight a specific mechanism that raises resistance to incorporate new information. We provide causal evidence that commitment to a first opinion leads to a neglect of new and challenging information. Being asked to write down an initial estimate before additional information is obtained significantly and substantially reduces the accuracy of final beliefs. Investigating the sources of this effect,...
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作者：Chen, Yongmin; Zhang, Tianle
作者单位：University of Colorado System; University of Colorado Boulder; Zhejiang University; Lingnan University
摘要：The welfare effects of entry are studied in a model of consumer search. Potential entrants differ in quality, with high-quality sellers being more likely to meet consumer needs. Contrary to the standard view in economics that more entry benefits consumers, we find that free entry is excessive for both consumer welfare and total welfare when entry cost is relatively low, and consumer welfare has an inverted-U relationship with entry cost. We explain why these results may arise naturally in sear...
