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作者:Zaresani, Arezou
作者单位:University of Melbourne; University of Manitoba; IZA Institute Labor Economics; Australian National University
摘要:How important is adjustment cost for individuals who face a change in work incentives induced by a policy change? I provide the first estimate of adjustment cost in the context of a Disability Insurance (DI) program by exploiting a policy change that increased work incentives by increasing the exemption threshold. I use bunching at the thresholds to estimate adjustment cost and earnings elasticity. The estimates of adjustment cost are quite sizeable and heterogeneous. The estimates of earnings...
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作者:Canaan, Serena
作者单位:American University of Beirut
摘要:This paper studies the effects of a French detracking reform on individuals' long-run education and labor market outcomes. The reform delayed the age at which students were separated into vocational and general education by two years, from age 11 to 13. The assignment of students to different types of education at age 11 was instead replaced by ability grouping, whereby students followed a common general education curriculum but were divided into different classrooms based on their academic ac...
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作者:Goodman-Bacon, Andrew; Schmidt, Lucie
作者单位:Vanderbilt University; National Bureau of Economic Research; Williams College
摘要:In 1974, Supplemental Security Income (SSI) federalized cash welfare programs for the elderly, blind, and individuals with disabilities, imposing a national minimum benefit, and differentially raising payment levels in states that paid below its benefit floor. We show that this increased disability participation, but shrank non-disability cash transfer programs. For every four new SSI recipients, three came from other welfare programs. Each dollar of per capita SSI income increased total per c...
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作者:Boschini, Anne; Gunnarsson, Kristin; Roine, Jesper
作者单位:Stockholm University; Uppsala University; Stockholm School of Economics; Stockholm School of Economics
摘要:Using yearly register data on the full population of Sweden we study gender differences in top incomes, down to the top 0.01 percentile group, over the period 1971-2017. We find that, while women are still a minority of the top decile, and typically make up a smaller share the higher up in the distribution we move, their presence has steadily increased in all top groups over the past half-century. At the beginning of the period, top income women relied more on capital incomes, but the rise in ...
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作者:Anderson, Drew M.
作者单位:RAND Corporation
摘要:Inequality in college completion by income is a persistent problem, often addressed through financial aid to lower-income students. Prior research has found mixed effects of financial aid, but research designs have not identified effects for the poorest students who may benefit the most. This study exploits an eligibility cutoff induced by first-come first-served allocation of funds in the state of Wisconsin. The analysis focuses on two-year technical colleges, where there was a large funding ...
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作者:Leight, Jessica; Foarta, Dana; Pande, Rohini; Ralston, Laura
作者单位:CGIAR; International Food Policy Research Institute (IFPRI); Stanford University; Yale University; National Bureau of Economic Research; The World Bank
摘要:The prevalence of vote-buying is widely identified as a cause of poor governance in the developing world; potential mechanisms for this relationship include the selection of lower quality politicians, and the reduced accountability experienced by politicians once elected. In this paper, we present the first experimental evidence in support of the second channel of reduced accountability. Using data from laboratory experiments conducted in the U.S. and Kenya, we find that vote payments reduce v...
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作者:Homonoff, Tatiana; Spreen, Thomas Luke; St Clair, Travis
作者单位:New York University; University System of Maryland; University of Maryland College Park; National Bureau of Economic Research
摘要:Using Form 990 data reported by public charities, we document significant bunching of nonprofits at near-zero net assets, the threshold for insolvency. Bunching occurs despite the fact that creditors cannot force insolvent nonprofits into involuntary bankruptcy. We show that the extent of bunching is greater among organizations that rely more heavily on contribution revenue, and that by inflating their net assets, bunching organizations are able to increase their contribution revenue relative ...
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作者:Becker, Johannes; Johannesen, Niels; Riedel, Nadine
作者单位:University of Munster; University of Copenhagen
摘要:This paper provides the first theoretical and empirical analysis of how taxation shapes the joint allocation of risk and profits inside the multinational firm. Theoretically, we identify three mechanisms through which corporate taxes may shape the within-firm allocation of risk: (1) transfer pricing rules requiring risk to be compensated with higher expected returns create incentives to shift risk to low-tax jurisdictions as a means to shift profits; (2) risk-averse owners create incentives to...
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作者:Ouss, Aurelie
作者单位:University of Pennsylvania
摘要:The incarceration rate has increased substantially in the United States between the 1980s and the 2000s. In this paper, I explore an institutional explanation for this growth: the fact that costs of incarceration are not fully internalized. Typically, prison is paid for at the state level, but county employees (such as judges, prosecutors or probation officers) determine time spent in custody. I exploit a natural experiment that shifted the cost burden of juvenile incarceration from state to c...
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作者:Machin, Stephen; McNally, Sandra; Ruiz-Valenzuela, Jenifer
作者单位:University of London; London School Economics & Political Science; University of London; London School Economics & Political Science; University of Surrey; University of London; London School Economics & Political Science
摘要:In many countries, important thresholds in examinations act as a gateway to higher levels of education and/or improved employment prospects. This paper examines the consequences of just failing a particularly important high stakes national examination taken at the end of compulsory schooling in England. It uses unique administrative data, including full information on both initial and regraded exam marks, to show that students of the same ability have significantly different educational trajec...