Review of Economics and Statistics

最新文章

• STABLE INCOME, STABLE FAMILY AI翻译
  作者：Lindo, Jason M.; Regmi, Krishna; Swensen, Isaac D.
  作者单位：National Bureau of Economic Research; University System of Georgia; Georgia Institute of Technology; State University System of Florida; Florida Gulf Coast University; Montana State University System; Montana State University Bozeman
  摘要：We document the effect of unemployment insurance generosity on divorce and fertility using an identification strategy that leverages state-level changes in maximum benefits over time and comparisons across workers who have been laid off and those that have not been laid off. The results indicate that higher maximum benefit levels mitigate the effects of layoffs. In particular, they mitigate increases in divorce associated with men's layoffs; increases in separations associated with women's lay...
• BRINGING THEM IN OR PUSHING THEM OUT? THE LABOR MARKETEFFECTS OF PRO-CYCLICAL UNEMPLOYMENT ASSISTANCE CHANGES AI翻译
  作者：Domenech-Arumi, Gerard; Vannutelli, Silvia
  作者单位：Universite Libre de Bruxelles; Northwestern University; National Bureau of Economic Research
  摘要：wE exploit an unanticipated labor market reform to estimate the effects of procyclical changes in long-term unemployment assistance (UA). In July 2012, Spain raised the minimum age to receive unlimited- duration UA from 52 to 55. Using a difference-in-differences design, we document that shorter benefits caused (1) shorter unemployment duration, especially among younger workers; (2) higher labor force exit and other programs' take-up, especially among older workers; and (c) lower wages upon re...
• Latent Exports: Almost Ideal Gravity and Zeros AI翻译
  作者：Anderson, James E.; Zhang, Penglong
  作者单位：Boston College; Tsinghua University
  摘要：Export promotion at the extensive margin is a key concern ofgovernments. We develop measures of how far firms in origin sectors arefrom break-even entry in destination markets. The measure is based on Al-most Ideal gravity featuring heterogeneous price and income elasticities.Tobit estimation of 2006 trade flows for 75 countries and 25 sectors gener-ates latent trade bias (LTB)-the latent (projected) trade share of nonpart-ners minus the as-if-frictionless trade share. Explained LTB variance d...
• The Impact of Covid-19 on Productivity AI翻译
  作者：Bloom, Nicholas; Bunn, Philip; Mizen, Paul; Smietanka, Pawel; Thwaites, Gregory
  作者单位：Stanford University; Bank of England; University of Nottingham; Deutsche Bundesbank
  摘要：We analyze the impact of Covid-19 on productivity using datafrom an innovative monthly firm survey that asks for quantitative impactsof Covid-19 on inputs and outputs. We find thattotal factor productiv-ity (TFP) fell by up to 6% during 2020-2021. The overall impact com-bined large reductions in 'within-firm' productivity, with offsetting posi-tive 'between-firm' effects as less productive sectors, and less productive firms within them, contracted. Despite these large pandemic effects, firms'p...
• No Pain, No Gain: Work Demand, Work Effort, and Worker Health AI翻译
  作者：Hummels, David; Munch, Jakob R.; Xiang, Chong
  作者单位：Purdue University System; Purdue University; National Bureau of Economic Research; University of Copenhagen
  摘要：We employ Danish worker-firm data to study the effect of rising workload on health. Using both within-job-spell regression analyses and cohort event studies, we show that increases in firm sales lead workers to log longer hours and experience higher probabilities of stress, depression, heart disease, and strokes, with more pronounced effects for high-risk groups such as older workers, job-strained workers, and those with long initial work hours. We calculate that the average worker's ex ante w...
• Subway, Collaborative Matching, and Innovation AI翻译
  作者：Koh, Yumi; Li, Jing; Xu, Jianhuan
  作者单位：University of Seoul; Singapore Management University
  摘要：Using rapid expansion of the Beijing subway from 2000 to 2018, we analyze its impact on collaborative matches in innovations. We find that an hour reduction in travel time between a pair of locations in Beijing brought 14.85% to 37.69% increase in collaborated patents. Far-apart location pairs were more affected, and the local average causal response is approximately 34.92% to 82.29%. The effect is mainly driven by increased matches among highly productive innovators. The entry of new innovato...
• The Need for Speed: Demand, Regulation, and Welfare on the Margin of Alternative Financial Services AI翻译
  作者：McDevitt, Ryan C.; Sojourner, Aaron
  作者单位：Duke University; W.E. Upjohn Institute for Employment Research
  摘要：We use a nonlinear reduction in a bank's check-cashing fees and variation in regulated check-clearing times to identify the elasticity of demand for cashing checks rather than depositing them. We find that an extra day of check-clearing time makes account holders 65.5% more likely to cash a check than deposit it, which implies they are willing to pay $11.17 per day for faster access to their funds-an effective annualized discount rate of 11,054% for the average check. We use this elasticity to...
• Deleting a Signal: Evidence from Pre-employment Credit Checks AI翻译
  作者：Bartik, Alexander W.; Nelson, Scott T.
  作者单位：University of Illinois System; University of Illinois Urbana-Champaign; University of Chicago
  摘要：We study the removal of information from a market, such as a job-applicant screening tool. We characterize how removal harms groups with relative advantage in that information: typically those for whom the banned information is most precise relative to alternative signals. We illustrate this using recent bans on employers' use of credit report data. Bans decrease job-finding rates for Black job-seekers by 3 percentage points and increase involuntary separations for Black new hires by 4 percent...
• Climate Risk and Preferences over the Size of Government: Evidence from California Wildfires AI翻译
  作者：Coury, Michael
  作者单位：State University of New York (SUNY) System; University at Buffalo, SUNY
  摘要：How does exposure to risk shape individual preferences foran expanded state? I examine this question in the context of climatechange-related risk. Using variation in California wildfire activity, I showneighborhoods experiencing large fires increase support by 0.8 percentagepoints for ballot initiatives which expand the size of government and by2.4 percentage points for ballot initiatives endorsed by pro-environmentinterest groups. The effect is stronger in Republican areas and is notdriven by...
• Borrowing in an Illegal Market: Contracting with Loan Sharks AI翻译
  作者：Lang, Kevin; Leong, Kaiwen; Li, Huailu; Xu, Haibo
  作者单位：Boston University; Griffith University; Fudan University; National University of Singapore; University of Nottingham Ningbo China
  摘要：Using over 11,000 unlicensed loans to over 1,000 borrowers inSingapore, we provide basic information about an understudied market:illegal moneylending. Borrowers and lenders interact frequently and relyprimarily on relational contracts to enforce their agreements. Borrowershave high discount rates, often have gambling and/or substance abuse prob-lems, and often repay late. While lenders sometimes resort to nonfinancialpunishments, the primary cost of late repayment is the compounding of avery ...