-
作者:Kong, Edward; Prinz, Daniel
作者单位:Harvard University; Harvard University; Harvard Medical School
摘要:We use high-frequency Google search data, combined with data on the announcement dates of non pharmaceutical interventions (NPIs) during the COVID-19 pandemic in U.S. states, to disentangle the short-run direct impacts of multiple different state-level NPIs in an event study framework. Exploiting differential timing in the announcements of restaurant and bar limitations, non-essential business closures, stay-at-home orders, large-gatherings bans, school closures, and emergency declarations, we...
-
作者:Leslie, Emily; Wilson, Riley
作者单位:Brigham Young University
摘要:The COVID-19 pandemic has led to an economic slowdown as more people practice social distancing and shelter at home. The increase in family isolation, unemployment, and economic stress has the potential to increase domestic violence. We document the pandemic's impact on police calls for service for domestic violence. The pandemic increased domestic violence calls by 7.5% during March through May of 2020, with effects concentrated during the first five weeks after social distancing began. The i...
-
作者:Kumar, Anil; Liang, Che-Yuan
作者单位:Federal Reserve System - USA; Federal Reserve Bank - Dallas; Uppsala University
摘要:We explore elasticity heterogeneity in the estimation of the elasticity of taxable income (ETI) and propose potentially valid instruments. We show that previously used instruments are not valid and yield weighted averages of ETIs of different taxpayers plus a bias. Using the NBER tax panel for 1979-1990, we find a weighted average ETI of 0.57 when using all available variation in budget set changes provided by the tax reforms in the data. Our results also demonstrate that elasticity heterogene...
-
作者:Barrera-Osorio, Felipe; Gonzalez, Kathryn; Lagos, Francisco; Deming, David J.
作者单位:University System of Maryland; University of Maryland College Park; Harvard University
摘要:We conducted a randomized controlled trial of an information intervention to evaluate the effects of providing information to families on their children's reading and math achievement in a mid-size city in Colombia. Most families are poorly informed about their children's performance, but our information intervention closes the gap between beliefs and performance and induces some behavioral response among parents in the treatment group. We find positive impacts on student achievement of 0.09 S...
-
作者:Rommel, Tobias; Schaudt, Paul
作者单位:Technical University of Munich; University of St Gallen
摘要:This paper investigates a new mechanism to explain politically induced changes in bilateral aid. We argue that shifts in the foreign policy alignment between a donor and a recipient country following leadership changes induce reallocation of aid. Utilizing data from the G7 and 130 developing countries between 1975 and 2012 and employing high dimensional fixed effects models, we show that incoming leaders in recipient countries, which politically converge towards their current donors, receive m...
-
作者:Han, Jeehoon; Meyer, Bruce D.; Sullivan, James X.
作者单位:Zhejiang University; University of Chicago; University of Chicago; National Bureau of Economic Research; University of Notre Dame
摘要:This paper examines inequality in both leisure and consumption over the past four decades. Using time use surveys stretching from 1975 to 2016, we estimate the distribution of leisure time conditional on hours worked and other individual level and family level characteristics. We show that these characteristics, especially when including work hours, explain most of the long run variation in leisure. We then use these estimates to predict the distribution of leisure using work hours and other c...
-
作者:Catherine, Sylvain; Miller, Max; Sarin, Natasha
作者单位:University of Pennsylvania; University of Pennsylvania
摘要:More than a quarter of working-age households in the United States do not have sufficient savings to cover their expenditures after a month of unemployment. Recent proposals suggest giving workers early access to a small portion of their future Social Security benefits to finance their consumption during the COVID-19 pandemic. We empirically analyze their impact. Relying on data from the Survey of Consumer Finances, we build a measure of households' expected time to cash shortfall based on the...
-
作者:Abraham, Katharine G.; Filiz-Ozbay, Emel; Ozbay, Erkut Y.; Turner, Lesley J.
作者单位:University System of Maryland; University of Maryland College Park; National Bureau of Economic Research; Vanderbilt University
摘要:Income-driven student loan repayment (IDR) plans provide protection against unaffordable loan payments and default by linking loan payments to borrower's earnings. Despite the advantages IDR would offer to many borrowers, take-up remains low. We use a survey experiment investigate how framing affects University of Maryland undergraduates' take-up of IDR in a set of hypothetical scenarios. Students are significantly more likely to choose IDR when the insurance aspects of IDR are emphasized and ...
-
作者:Beshears, John; Choi, James J.; Harris, Christopher; Laibson, David; Madrian, Brigitte C.; Sakong, Jung
作者单位:Harvard University; National Bureau of Economic Research; Yale University; University of Cambridge; Brigham Young University; Federal Reserve System - USA; Federal Reserve Bank - Chicago
摘要:Previous research has shown that some people voluntarily use commitment contracts that restrict their own choice sets. We study how people divide money between two accounts: a liquid account that permits unrestricted withdrawals and a commitment account that is randomly assigned in a between-subject design to have either a 10% early withdrawal penalty, or a 20% early withdrawal penalty, or not to allow early withdrawals at all (i.e., an infinite penalty). When the liquid account and the commit...
-
作者:Amuedo-Dorantes, Catalina; Arenas-Arroyo, Esther; Wang, Chunbei
作者单位:University of California System; University of California Merced; Vienna University of Economics & Business; University of Oklahoma System; University of Oklahoma - Norman
摘要:This paper identifies intermarriage (between non-citizens and citizens) as an important response mechanism to intensified immigration enforcement, particularly among Mexican non-citizens. Exploiting the temporal and geographic variation in the implementation of interior immigration enforcement from 2005 to 2017, we find that a one standard deviation increase in enforcement raises Mexican non-citizens likelihood of marrying a US. citizen by 3 to 7%. Both police-based and employment-based enforc...