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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...
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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...
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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...
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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
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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 ...
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作者:Ahammer, Alexander; Grubl, Dominik; Winter-Ebmer, Rudolf
作者单位:Johannes Kepler University Linz; Johannes Kepler University Linz
摘要:We show that downsizing has substantial negative effects on the health of workers who remain in the firm. We study mass layoff (ML) sur-vivors in Austria, using workers who survive a ML themselves, but a fewyears in the future, as a control group. Based on high-quality administrativedata, we find evidence that downsizing has persistent effects on mental andphysical health, and that these effects can be explained by workers fear-ing for their own jobs. We also show that health effects due to do...
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作者:Carattini, Stefano; Roesti, Matthias
作者单位:University System of Georgia; Georgia State University; Leibniz Association; Ifo Institut; University of St Gallen
摘要:This paper combines several large-scale surveys and empirical strategies to shed new light on the determinants of cooperative behavior. We provide evidence indicating that the level of trust maximizing subjective well-being tends to be above the income maximizing level. Higher trust is also linked to more cooperative and pro-social behaviors, including the private provision of global public goods such as climate change mitigation. Consistent with warm glow theories of pro-social behavior, our ...
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作者:Vihriaelae, Erkki
作者单位:Aalto University
摘要:I study how intra-household frictions and anchoring contribute to the credit card debt puzzle, the co-holding of high-cost debt, and low-yield liquid assets. First, I find couples co-hold 42% more as units than as individuals relative to income. Moreover, in a natural experiment, couples do not cooperate to reduce high-cost debt, suggesting that intra-household frictions contribute to co-holding. Second, I find individuals who regularly make credit card debt payments equal to or near the minim...
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作者:Bessen, James; Goos, Maarten; Salomons, Anna; van den Berge, Wiljan
作者单位:Boston University; Utrecht University; Tilburg University
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作者:Coville, Aidan; Galiani, Sebastian; Gertler, Paul; Yoshida, Susumu
作者单位:The World Bank; University System of Maryland; University of Maryland Baltimore; National Bureau of Economic Research; University of California System; University of California Berkeley
摘要:We test two ways to improve revenue collection efficiency for water and sanitation utilities: (i) face-to-face engagement between utility staff and customers and (ii) contract enforcement for service disconnection due to nonpayment in the form of transparent and credible disconnection notices. Engagement has no effect, while enforcement significantly increases payment. We find no effect on access to water, perceptions of the utility, relationships between tenants and property owners, or on ten...