Review of Economics and Statistics

最新文章

• 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...
• Regulatory Incentives for Innovation: The FDA's Breakthrough Therapy Designation AI翻译
  作者：Chandra, Amitabh; Kao, Jennifer; Miller, Kathleen L.; Stern, Ariel D.
  作者单位：Harvard University; National Bureau of Economic Research; University of California System; University of California Los Angeles; Harvard University
  摘要：Regulators of new products confront a trade-off between speeding a product to market and collecting additional product quality information. The FDA's Breakthrough Therapy Designation (BTD) provides an opportunity to understand if regulators can use new policy to innovate around this trade-off. We find that the BTD program shortened clinical development times by 23% and did not affect the ex post safety profile of drugs with the designation. The BTD program had the greatest impact on less exper...
• 'Til Dowry Do Us Part: Bargaining and Violence in Indian Families AI翻译
  作者：Calvi, Rossella; Keskar, Ajinkya
  作者单位：Rice University; State University of New York (SUNY) System; Binghamton University, SUNY
  摘要：We develop a noncooperative bargaining model with incomplete information linking dowry payments, domestic violence, resource allocation between a husband and a wife, and separation. Our model generates several predictions, which we test empirically using amendments to the Indian antidowry law as a natural experiment. We document a decline in women's bargaining power and separations and a surge in domestic violence following the amendments. These unintended effects are attenuated when social st...
• Testing Marx: Capital Accumulation, Income Inequality, and Socialism in Late Nineteenth-Century Germany AI翻译
  作者：Bartels, Charlotte; Kersting, Felix; Wolf, Nikolaus
  作者单位：Leipzig University; Leibniz Association; DIW Berlin - Deutsches Institut fur Wirtschaftsforschung; Centre for Economic Policy Research - UK; Humboldt University of Berlin; Leibniz Association; Ifo Institut
  摘要：We study the dynamics of capital accumulation, income inequality, capital concentration, and voting up to 1914. Based on new panel data for Prussian regions, we reevaluate the famous revisionism debate between orthodox Marxists and their critics. We show that changes in capital accumulation led to a rise in the capital share and income inequality, as predicted by orthodox Marxists. But against their predictions, this neither led to further capital concentration nor more votes for the socialist...
• An Estimated Model of Household Inflation Expectations: Information Frictions and Implications AI翻译
  作者：Xie, Shihan
  作者单位：University of Illinois System; University of Illinois Urbana-Champaign
  摘要：This paper proposes and estimates a dynamic model of household inflation expectations with information frictions and time-varying parameters, where households use a Bayesian learning model to form and update inflation expectations. The model decomposes households' inflation expectation formation process into a learning component, a noisy signal component, and a measurement component. Model-implied household inflation expectations provide a robust fit for the expectation-augmented Phillips curv...
• Inaccurate Statistical Discrimination: An Identification Problem AI翻译
  作者：Bohren, J. Aislinn; Haggag, Kareem; Imas, Alex; Pope, Devin G.
  作者单位：University of Pennsylvania; University of California System; University of California Los Angeles; University of Chicago
  摘要：We study inaccurate beliefs as a source of discrimination. Economists typically characterize discrimination as stemming from a taste-based (preference) or accurate statistical (belief-based) source. Although individuals may have inaccurate beliefs about how relevant characteristics (e.g., productivity, signals) are correlated with group identity, fewer than 7% of empirical discrimination papers in economics consider the possibility of such inaccurate statistical discrimination. Using theory an...
• Risk Perceptions and Private Protective Behaviors: Evidence from COVID-19 Pandemic AI翻译
  作者：Bundorf, M. Kate; DeMatteis, Jill; Miller, Grant; Polyakova, Maria; Streeter, Jialu L.; Wivagg, Jonathan
  作者单位：Duke University; National Bureau of Economic Research; Westat; Stanford University
• What Is the Active Prevalence of COVID-19? AI翻译
  作者：Yang, Mu-Jeung; Bertanha, Marinho; Seegert, Nathan; Gaulin, Maclean; Looney, Adam; Orleans, Brian; Pavia, Andrew T.; Stratford, Kristina; Samore, Matthew; Alder, Steven
  作者单位：University of Oklahoma System; University of Oklahoma - Norman; University of Notre Dame; Utah System of Higher Education; University of Utah
  摘要：We provide a method to track the active prevalence of COVID-19 in real time, correcting for time-varying sample selection in symptom-based testing data and incomplete tracking of recovered cases and fatalities. Our method only requires publicly available data on positive testing rates in combination with one parameter, which we estimate based on a representative randomized sample of nearly 10,000 individuals tested in Utah in May and June 2020. We validate our method using external studies in ...
• Lowering the Playing Field: Discrimination through Sequential Spillover Effects AI翻译
  作者：Kessler, Judd B.; Low, Corinne; Shan, Xiaoyue
  作者单位：University of Pennsylvania; National University of Singapore
  摘要：We document a new way that discrimination operates: through sequential spillover effects. Employers in an incentivized resume rating experiment evaluate a sequence of hypothetical candidates with randomly assigned characteristics. Candidates are rated worse when following white men than when following women or minorities. Exploring the mechanisms, we find that spillover effects are inversely related to direct bias. When reviewing high-quality resumes or recruiting in STEM (science, technology,...