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作者：Feldman, Naomi E.
作者单位：Ben-Gurion University of the Negev
摘要：This paper analyzes a 1992 decrease in U.S. federal income tax withholding that shifted the timing of income tax payments while leaving ultimate tax burdens unchanged. Consequently income typically received as a lump-sum refund on filing a tax return was shifted into the previous year's monthly income. This paper considers the impact of the withholding change in the context of mental accounting and finds a decrease in the probability that households contributed to a tax-preferred retirement ac...
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作者：Goldberg, Pinelopi K.; Khandelwal, Amit K.; Pavcnik, Nina; Topalova, Petia
作者单位：Princeton University; National Bureau of Economic Research; Columbia University; Dartmouth College
摘要：This paper provides evidence on the patterns of multiproduct firm production in a large developing country, India, during a period that spans market reforms. In the cross-section, multiproduct firms in India look remarkably similar to their U.S. counterparts. The time-series patterns, however, exhibit important differences. In contrast to evidence from the United States, product churning, particularly product rationalization, is far less common in India. We find no link between product rationa...
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作者：Glick, Reuven; Taylor, Alan M.
作者单位：Federal Reserve System - USA; Federal Reserve Bank - San Francisco; University of California System; University of California Davis; National Bureau of Economic Research
摘要：Conventional wisdom in economic history suggests that conflict between countries can be enormously disruptive of economic activity, especially international trade. We study the effects of war on bilateral trade with available data extending back to 1870. Using the gravity model, we estimate the contemporaneous and lagged effects of wars on the trade of belligerent nations and neutrals, controlling for other determinants of trade, as well as the possible effects of reverse causality. We find la...
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作者：Hering, Laura; Poncet, Sandra
作者单位：heSam Universite; Universite Pantheon-Sorbonne; Paris School of Economics
摘要：We consider the effect of geography on wages using individual data from 56 Chinese cities. We present a simple new economic geography model that links wages to individual characteristics and market access. The latter is calculated as a transport cost weighted sum of surrounding locations' market capacity. After controlling for individual skills and local factor endowments, we find that a significant fraction of the interindividual differences in returns to labor can be explained by the geograp...
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作者：Payne, A. Abigail; Roberts, Joanne
作者单位：McMaster University; University of Toronto; University of Calgary
摘要：Universities are engaged in many activities, primarily research and teaching. Many states have instituted performance measures that focus on evaluating a university's success in teaching. We suggest that multitasking may be important in this context, and we consider research outcomes after adoption. We find striking results that depend on university status. Research activity is higher at flagship institutions after the adoption of performance measures. Most of this increase in activity is with...
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作者：Krebs, Tom; Krishna, Pravin; Maloney, William
作者单位：University of Mannheim; Johns Hopkins University
摘要：This paper develops a framework to study empirically the relationship between trade policy and individual income risk and to evaluate the associated welfare consequences. The analysis proceeds in three steps. First, longitudinal data on workers are used to estimate time-varying individual income risk parameters in various manufacturing sectors. Second, the estimated income risk parameters and data on trade barriers are used to analyze the relationship between trade policy and income risk. Fina...
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作者：Eslava, Marcela; Haltiwanger, John; Kugler, Adriana; Kugler, Maurice
作者单位：University System of Maryland; University of Maryland College Park; National Bureau of Economic Research; University of Houston System; University of Houston; National Bureau of Economic Research; Wilfrid Laurier University
摘要：We analyze nonlinear adjustments of capital and labor using plant data from the Colombian Annual Manufacturing Survey, allowing for interdependence in adjustments of the two factors. We find nonlinear employment and capital adjustments. We also find that capital shortages reduce hiring, and labor surpluses reduce capital shedding. Moreover, we find that job destruction and capital formation increased after factor market deregulation in Colombia. Finally, we find that completely eliminating fri...
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作者：Black, Sandra E.; Spitz-Oener, Alexandra
作者单位：University of California System; University of California Los Angeles; National Bureau of Economic Research; Humboldt University of Berlin
摘要：In this study, we explore a new approach for analyzing changes in the gender pay gap that uses direct measures of job tasks and gives a comprehensive characterization of how work for men and women has changed in recent decades. Using data from West Germany, we find that women have witnessed relative increases in nonroutine analytic and interactive tasks. The most notable difference between the genders is, however, the pronounced relative decline in routine task inputs among women, driven, at l...
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作者：Coibion, Olivier
作者单位：William & Mary
摘要：I consider the empirical evidence for the sticky information model relative to the basic sticky price model, conditional on historical measures of inflation forecasts. The estimated structural parameters are inconsistent with an underlying sticky information model and the sticky information Phillips curve is statistically dominated by the new Keynesian Phillips curve. I find that the poor performance of the sticky information approach is driven by two key elements. First, the sticky informatio...
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作者：Altissimo, Filippo; Cristadoro, Riccardo; Forni, Mario; Lippi, Marco; Veronese, Giovanni
作者单位：Universita di Modena e Reggio Emilia; Sapienza University Rome
摘要：Removal of short-run dynamics from a stationary time series to isolate the medium- to long-run component can be obtained by a bandpass filter. However, bandpass filters are infinite moving averages and can therefore deteriorate at the end of the sample. This is a well-known result in the literature isolating the business cycle in integrated series. We show that the same problem arises with our application to stationary time series. In this paper, we develop a method to obtain smoothing of a st...
