-
作者：Lin, Jianjing
作者单位：Rensselaer Polytechnic Institute
摘要：This paper explores the adoption choice of electronic medical records by U.S. hospitals, which could exhibit strategic complements or substitutes. I find complementarities in adoption through a reduced-form analysis with instruments for unobserved market characteristics. I further develop a dynamic oligopoly model to allow for strategic timing incentives that are missing in the static model. Adopting a dominant local vendor could increase per period profits from adoption by 9.2% over choosing ...
-
作者：Christensen, Peter; Francisco, Paul; Myers, Erica; Souza, Mateus
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; University of Calgary; Universidad Carlos III de Madrid
摘要：Evaluations of energy efficiency programs reveal that realized savings consistently fall short of projections. We decompose this performance wedge using data from the Illinois Home Weatherization Assistance Program (IHWAP) and a machine learning-based event study research design. We find that bias in engineering models can account for up to 41% of the wedge, primarily from overestimated savings in wall insulation. Heterogeneity in workmanship can also account for a large fraction (43%) of the ...
-
作者：Bhalotra, Sonia; Clots-Figueras, Irma; Iyer, Lakshmi; Vecci, Joseph
作者单位：University of Warwick; University of Kent; University of Notre Dame; University of Gothenburg
摘要：This paper examines policy effectiveness as a function of leader identity. We experimentally vary leader religious identity in a coordination game implemented in India and focus on citizen reactions to leader identity, controlling for leader actions. We find that minority leaders improve coordination, and majority leaders do not. Alternative treatment arms reveal that affirmative action for minorities reverses this result, while intergroup contact improves the effectiveness of leaders of both ...
-
作者：Brockmeyer, Anne; Do, Quy-Toan; Joubert, Clement; Bhatia, Kartika; Jelil, Mohamed Abdel
作者单位：The World Bank; University of London; University College London; London School Economics & Political Science; Center for Economic & Policy Research (CEPR); The World Bank; The World Bank
摘要：Global terrorist organizations attract radicalized individuals across borders and constitute a threat for both sending and receiving countries. We use unique personnel records from the Islamic State in Iraq and the Levant (Daesh) to show that unemployment in sending countries is associated with the number of transnational terrorist recruits from these countries. The relationship is spatially heterogeneous, which is most plausibly attributable to travel costs. We argue that poor labor market op...
-
作者：Koenig, Christoph; Schindler, David
作者单位：University of Bristol; Tilburg University; Leibniz Association; Ifo Institut
摘要：Do firearm purchase delay laws reduce aggregate homicide levels? Using variation from a six-month countrywide gun demand shock in 2012/2013, we show that U.S. states with legislation preventing immediate handgun purchases experienced smaller increases in handgun sales. Our findings indicate that this is likely driven by comparatively lower purchases among impulsive consumers. We then demonstrate that states with purchase delays also witnessed comparatively 2% lower homicide rates during the sa...
-
作者：Severen, Christopher
作者单位：Federal Reserve System - USA; Federal Reserve Bank - Philadelphia
摘要：I study Los Angeles Metro Rail's effects using panel data on bilateral commuting flows, a quantitative spatial model, and historically motivated quasi-experimental research designs. The model separates transit's commuting effects from local productivity or amenity effects, and spatial shift-share instruments identify inelastic labor and housing supply. Metro Rail connections increase commuting by 16% but do not have large effects on local productivity or amenities. Metro Rail generates $94 mil...
-
作者：Auclert, Adrien; Bardoczy, Bence; Rognlie, Matthew
作者单位：National Bureau of Economic Research; Stanford University; Northwestern University
摘要：We show that New Keynesian models with frictionless labor supply face a challenge: given standard parameters, they cannot simultaneously match plausible estimates of marginal propensities to consume (MPCs), marginal propensities to earn (MPEs), and fiscal multipliers. A HANK model with sticky wages provides a solution to this trilemma.
-
作者：Filmer, Deon; Friedman, Jed; Kandpal, Eeshani; Onishi, Junko
作者单位：The World Bank
摘要：Can cash aid harm nonrecipients by raising local prices? We show that a household-targeted cash transfer in the Philippines increases the prices of perishable foods in some markets and raises stunting among nonbeneficiary children by 11 percentage points (34%). Impacts increase in the size of the village income shock and remoteness---and are sustained two and a half years after program introduction. Price effects from an experimental sample are confirmed with national expenditure surveys colle...
-
作者：Leduc, Sylvain; Moran, Kevin; Vigfusson, Robert J.
作者单位：Federal Reserve System - USA; Federal Reserve Bank - San Francisco; Laval University; Amazon.com
摘要：Using oil futures, we examine expectation formation and how it alters the macroeconomic transmission of shocks. Our empirical framework, where investors learn about the persistence of oil-price movements, successfully replicates the fluctuations in oil-price futures since the Late 1990s. By embedding this learning mechanism in an estimated model, we document that an increase in the persistence of TFP-driven fluctuations in oil demand largely accounts for investors' perceptions that oil-price m...
-
作者：Scott, Jonathan B.
作者单位：University of Texas System; University of Texas Dallas
摘要：This paper studies the role of the U.S. pipeline infrastructure in the country's transition from coal to natural gas energy. I leverage the Environmental Protection Agency's Mercury and Air Toxics Standards as a plausibly exogenous intervention, which encouraged many coal plants to convert to natural gas. Combining this quasi-experimental variation with a plant's preexisting proximity to the pipeline network, I isolate implied pipeline connection costs within a dynamic discrete choice model of...
