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作者：Anderson, D. Mark; Crost, Benjamin; Rees, Daniel I.
作者单位：Montana State University System; Montana State University Bozeman; IZA Institute Labor Economics; University of Illinois System; University of Illinois Urbana-Champaign; University of Colorado System; University of Colorado Denver
摘要：Drawing on county-level data from Kansas for the period 1977-2011, we examine whether plausibly exogenous increases in the number of establishments licensed to sell alcohol by the drink are related to violent crime. During this period, 86 out of 105 counties in Kansas voted to legalise the sale of alcohol to the general public for on-premises consumption. Using legalisation as an instrument, we show that a 10% increase in drinking establishments is associated with a 3-5% increase in violent cr...
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作者：Goeree, Jacob K.; Louis, Philippos; Zhang, Jingjing
作者单位：University of New South Wales Sydney; University of Cologne; University of New South Wales Sydney; University of Technology Sydney
摘要：Previous experiments based on the 11-20 game have produced evidence for the level-k model with observed levels of strategic thinking consistently ranging from 0 to 3. Our baseline treatment uses the 11-20 game and replicates previous results. We apply four models of strategic thinking to the baseline-treatment data and use these to predict behaviour and beliefs in five other treatments that employ games with a very similar structure. The best predictive performance is achieved by models that i...
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作者：Guell, Maia; Mora, Jose V. Rodriguez; Solon, Gary
作者单位：University of Edinburgh; Centre for Economic Policy Research - UK; IZA Institute Labor Economics; Alan Turing Institute; University of Edinburgh; Center for Economic & Policy Research (CEPR); University of Arizona; National Bureau of Economic Research
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作者：Berentsen, Aleksander; Huber, Samuel; Marchesiani, Alessandro
作者单位：University of Basel; Federal Reserve System - USA; Federal Reserve Bank - St. Louis; University of Liverpool
摘要：Understanding money demand is important for our comprehension of macroeconomics and monetary policy. Its instability has made this a challenge. Common explications for the instability are financial regulations and financial innovations that shift the money demand function. We provide a complementary view by showing that a model where borrowers have limited commitment can significantly improve the fit between the theoretical money demand function and the data. Limited commitment can also explai...
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作者：de Haan, Thomas; Linde, Jona
作者单位：Norwegian School of Economics (NHH); Maastricht University
摘要：Because people disproportionally follow defaults, both libertarian paternalists and marketers try to present options they want to promote as the default. However, setting certain defaults and thereby influencing current decisions, may also affect choices in later, similar decisions. In this article, we explore experimentally whether the default bias can be reinforced by providing good defaults. We show that people who faced better defaults in the past are more likely to follow defaults than pe...
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作者：Ahlfeldt, Gabriel M.; Holman, Nancy
作者单位：University of London; London School Economics & Political Science; Centre for Economic Policy Research - UK; University of London; London School Economics & Political Science
摘要：We propose a method to estimate the capitalised value of the architectural design quality of an area. Our economic design premium is identified by spatially differentiating property prices and design quality within neighbourhoods and comparing the differences across neighbourhoods. We apply our method to 48 conservation area neighbourhoods in England in which we analyse around 7,900 property transactions and interview more than 500 residents. We find a capitalisation effect of about 6.6% (16k)...
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作者：Danzer, Natalia; Lavy, Victor
作者单位：Leibniz Association; Ifo Institut; Leibniz Association; Ifo Institut; IZA Institute Labor Economics; University of Warwick; Hebrew University of Jerusalem; National Bureau of Economic Research
摘要：This article investigates whether schooling outcomes at age 15 are affected by the duration of maternity leave, i.e. the time mothers spend at home with their new-born before returning to work. We exploit an unanticipated reform in Austria which extended the maximum duration of paid and job protected parental leave from 12 to 24months for births as of 1 July, 1990. Using PISA data from the cohorts 1990 and 1987, we find no significant overall impact of the parental leave extension on standardi...
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作者：Gine, Xavier; Goldberg, Jessica; Silverman, Dan; Yang, Dean
作者单位：The World Bank; University System of Maryland; University of Maryland College Park; Arizona State University; Arizona State University-Tempe; National Bureau of Economic Research; University of Michigan System; University of Michigan
摘要：We implement an artefactual field experiment in rural Malawi to study revisions of prior choices regarding future income receipts. This allows examination of intertemporal choice revision and its determinants. New tests provide evidence of self-control problems for some participants. Revisions of money allocations towards the present are positively associated with refined measures of present-bias from an earlier survey and with the randomly assigned closeness in time to the first possible date...
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作者：Gathmann, Christina; Keller, Nicolas
作者单位：Ruprecht Karls University Heidelberg; Leibniz Association; Ifo Institut; IZA Institute Labor Economics
摘要：Immigrants often have lower employment rates and earnings than natives. Our empirical analysis relies on two reforms generating exogenous variation in the waiting time for citizenship. We find that faster access to citizenship improves the economic situation of immigrant women, especially their labour market attachment with higher employment rates, longer working hours and more stable jobs. Immigrants also invest more in host country-specific skills like language and vocational training. Faste...
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作者：Leeson, Peter T.; Russ, Jacob W.
作者单位：George Mason University
摘要：We argue that the great age of European witch trials reflected non-price competition between the Catholic and Protestant churches for religious market share in confessionally contested parts of Christendom. Analyses of new data covering more than 43,000 people tried for witchcraft across 21 European countries over a period of five-and-a-half centuries and more than 400 early modern European Catholic-Protestant conflicts support our theory. More intense religious-market contestation led to more...
