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作者:Quy-Toan Do; Iyer, Sriya; Joshi, Shareen
作者单位:The World Bank; University of Cambridge; Georgetown University
摘要:This paper provides an economic rationale for the practice of consanguineous marriages observed in parts of the developing world. In a model of incomplete marriage markets, dowries are viewed as ex ante transfers made from the bride's family to the groom's family when the promise of ex post gifts and bequests is not credible. Consanguineous unions join families between whom ex ante pledges are enforceable ex post. The model predicts a negative relationship between consanguinity and dowries and...
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作者:Sanyal, Paroma; Ghosh, Suman
作者单位:State University System of Florida; Florida Atlantic University
摘要:This paper studies the innovation response of upstream technology suppliers when their downstream buyers transition from regulation to competition. By modeling the impact of the 1990s U.S. electricity deregulation on patenting, we find that after deregulation, the net competition effect (comprising the pure competition and the escape competition effect) decreased innovation by 18.3% and the appropriation effect increased innovation by 19.6%. Other deregulation factors have led to a 20.6% decli...
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作者:Balleer, Almut; van Rens, Thijs
作者单位:RWTH Aachen University; University of Warwick
摘要:Over the past two decades, technological progress in the United States has been biased toward skilled labor. What does this imply for business cycles? We construct a quarterly skill premium from the CPS and use it to identify skill-biased technology shocks in a VAR with long-run zero and sign restrictions. Hours fall in response to skill-biased technology shocks, indicating that part of the technology-induced fall in hours is due to a compositional shift in labor demand. Investment-specific te...
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作者:Casu, Barbara; Ferrari, Alessandra; Zhao, Tianshu
作者单位:City St Georges, University of London; University of Reading; University of Stirling
摘要:This paper examines the impact of regulatory reform on productivity growth and its components for Indian banks from 1992 to 2009. We estimate parametric and nonparametric efficiency frontiers, followed by Divisia and Malmquist indexes of total factor productivity, respectively. To account for technology heterogeneity among ownership types, we use a metafrontier approach. Results are consistent across methodologies and show sustained productivity growth, driven mainly by technological progress....
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作者:Mocan, Naci
作者单位:Louisiana State University System; Louisiana State University; National Bureau of Economic Research
摘要:This paper investigates the extent of vengeful feelings and their determinants using data on more than 116,000 individuals from 66 countries. Country characteristics as well as personal attributes of the individuals influence vengeful feelings. The magnitude of vengeful feelings is greater for people in countries with low levels of education, low-income countries, and interrupted democracies. Personal education has an impact on vengeful feelings in lower-income countries. The results suggest t...
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作者:Poole, Jennifer P.
作者单位:University of California System; University of California Santa Cruz
摘要:Labor turnover is a commonly cited mechanism for the transmission of technology from multinational to domestic firms. Using a matched establishment-worker database from Brazil, I present evidence consistent with positive multinational wage spillovers through worker mobility. When workers leave multinationals and are rehired at domestic establishments, continuing-workers' wages increase. To my knowledge, this avenue for wage spillovers has not previously been explored. The paper also investigat...
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作者:Black, Dan A.; Kolesnikova, Natalia; Sanders, Seth G.; Taylor, Lowell J.
作者单位:University of Chicago; IZA Institute Labor Economics; Federal Reserve System - USA; Federal Reserve Bank - St. Louis; University of Mississippi; Duke University; Carnegie Mellon University
摘要:We examine Becker's (1960) contention that children are normal. For the cross-section of non-Hispanic white married couples in the United States, we show that when we restrict comparisons to similarly educated women living in similarly expensive locations, completed fertility is positively correlated with the husband's income. The empirical evidence is consistent with children being normal. In an effort to show causal effects, we analyze the localized impact on fertility of the mid-1970s' incr...
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作者:Bollinger, Christopher R.; Hirsch, Barry T.
作者单位:University of Kentucky; University System of Georgia; Georgia State University
摘要:Earnings nonresponse in the Current Population Survey is roughly 30% in the monthly surveys and 20% in the March survey. If nonresponse is ignorable, unbiased estimates can be achieved by omitting nonrespondents. Little is known about whether CPS nonresponse is ignorable. Using sample frame measures to identify selection, we find clear-cut evidence among men but limited evidence among women for negative selection into response. Wage equation slope coefficients are affected little by selection,...
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作者:Emran, M. Shahe; Hou, Zhaoyang
作者单位:Columbia University; Stockholm School of Economics
摘要:This paper presents evidence on the effects of access to domestic and international markets on per capita consumption of households using data from rural China. The econometric analysis uses alternative identification schemes to address the potential endogeneity of access to markets. We use straight-line distances to coastline and navigable river, along with the topography of the intervening counties, as sources of exogeneous variations. We also use identification through heteroskedasticity, w...
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作者:Abowd, John M.; Stinson, Martha H.
作者单位:Cornell University
摘要:We propose a new methodology that does not assume a prior specification of the statistical properties of the measurement errors and treats all sources as noisy measures of some underlying true value. The unobservable true value can be represented as a weighted average of all available measures, using weights that must be specified a priori unless there has been a truth audit. The Census Bureau's Survey of Income and Program Participation (SIPP) survey jobs are linked to Social Security Adminis...