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作者：Eble, Alex; Hu, Feng
作者单位：Columbia University; University of Science & Technology Beijing
摘要：Colleges can send signals about their quality by adopting new, more alluring names. We study how this affects college choice and labor market performance of college graduates. Administrative data show name-changing colleges enroll higher-aptitude students, with larger effects for alluring-but-misleading name changes and among students with less information. A large resume audit study suggests a small premium for new college names in most jobs, and a significant penalty in lower-status jobs. We...
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作者：Chen, Cuicui
作者单位：State University of New York (SUNY) System; University at Albany, SUNY
摘要：I propose a new method of identifying firms' subjective beliefs in dynamic models. In settings where actions are continuous and substitutable in contributing to an endogenous state, I show how beliefs about exogenous state transitions can be separately identified from static payoffs. Applying this method to identifying beliefs about future SO2 allowance prices in the U.S. Acid Rain Program, I find that electric utilities underestimate the movements in the allowance price, leading to compliance...
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作者：Blair, Peter Q.; Chung, Bobby W.
作者单位：Harvard University; National Bureau of Economic Research; State University System of Florida; University of South Florida
摘要：Among men, the Black-White wage gap is as large today as it was in 1950. We test whether this gap is due to asymmetric information using newly collected data on occupational licensing laws that ban workers with criminal records. We find evidence supporting this hypothesis. The licensing premiums for Black men are largest in licensed occupations that restrict felons, particularly in states with banthe-box laws and at small businesses. In these contexts where a worker's criminal history is diffi...
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作者：Bucheli, Jose R.; Fontenla, Matias
作者单位：University of Texas System; University of Texas El Paso; University of New Mexico
摘要：Mexican migration to the United States-one of the largest flows in human history-inverted in the late 2000s, and during the next decade more Mexicans returned home than those who migrated north. We exploit this historical reversal to estimate the effects of return migration on economic development in Mexico. We find that return migration leads to higher levels of development through improved income, labor, health, and educational outcomes. Our findings suggest that the benefits of migration ex...
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作者：Gaechter, Simon; Starmer, Chris; Tufano, Fabio
作者单位：IZA Institute Labor Economics; Leibniz Association; Ifo Institut; University of Nottingham; University of Leicester
摘要：We introduce group cohesion to study the economic relevance of social relationships in team production. We operationalize measurement of group cohesion, adapting the oneness scale from psychology. A series of experiments, including a preregistered replication, reveals strong, positive associations between group cohesion and performance assessed in weak-link coordination games, with high-cohesion groups being likely to achieve superior equilibria. In exploratory analysis, we identify beliefs ra...
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作者：Torchiana, Adrian L.; Rosenbaum, Ted; Scott, Paul T.; Souza-Rodrigues, Eduardo
作者单位：New York University; University of Toronto
摘要：Satellite-based image classification facilitates low-cost measurement of the Earth's surface composition. However, misclassified imagery can lead to misleading conclusions about transition processes. We propose a correction for transition rate estimates based on the econometric measurement error literature to extract the signal (truth) from its noisy measurement (satellite-based classifications). No ground-truth data are required in the implementation. Our proposed correction produces consiste...
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作者：Butikofer, Aline; Dalla-Zuanna, Antonio; Salvanes, Kjell G.
作者单位：Norwegian School of Economics (NHH); European Central Bank; Bank of Italy; University of London; London School Economics & Political Science
摘要：This paper demonstrates that a large economic shock such as an oil boom increases intergenerational earnings mobility among directly affected men, mostly through increased bottom-up mobility, but not for women. Preexisting local differences in mobility or shifts in the earnings distributions do not drive these findings. Instead, changes in relative earnings paid to workers with different skills offer the best explanation. Moreover, we document that intergenerational mobility is significantly h...
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作者：Dahis, Ricardo; Schiavon, Laura; Scot, Thiago
作者单位：Monash University; Universidade Federal de Juiz de Fora; The World Bank
摘要：In the absence of strong incentives, public service delivery is crucially dependent on bureaucrat selection. Despite wide adoption by governments, it is unclear whether civil service examinations reliably select for job performance. We investigate this question focusing on state judges in Brazil. Exploring monthly data on judicial output and cross-court movement, we estimate that judges account for at least 23% of the observed variation in the number of cases disposed. With novel data on admis...
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作者：Mion, Giordano; Opromolla, Luca David; Sforza, Alessandro
作者单位：ESSEC Business School; University of Nottingham; North Carolina State University; Banco de Portugal; University of Bologna
摘要：We investigate how managers help firms grow by entering a new export market. We conduct an event study on the decision to export to Angola using data on Portuguese firms and workers. We evaluate the impact of the presence of managers with experience in exporting to the Angolan market on a firm's entry success in the aftermath of an exogenous shock: the sudden end of the Angolan civil war. We show that the presence of managers doubles the probability of a firm entering the market. We do not fin...
