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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 ...
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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...
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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...
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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...
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作者：Iizuka, Toshiaki; Shigeoka, Hitoshi
作者单位：University of Tokyo; Simon Fraser University; National Bureau of Economic Research
摘要：This study tests whether demand responds symmetrically to price increases and decreases-a seemingly obvious proposition under conventional demand theory that has not been rigorously tested. Exploiting the rapid expansion in Japanese municipal subsidies for child health care in a difference-in-differences framework, we find evidence against conventional demand theory: when coinsurance, our price measure, increases from 0% to 30%, the demand response is more than twice that to a price decrease f...
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作者：Malikov, Emir; Zhao, Shunan
作者单位：Nevada System of Higher Education (NSHE); University of Nevada Las Vegas; Oakland University
摘要：We develop a novel methodology for the proxy variable identification of firm productivity in the presence of productivity-modifying learning and spillovers, which facilitates a unified internally consistent analysis of the spillover effects among firms. Contrary to the popular two-step empirical approach, ours does not postulate contradictory assumptions about firm productivity across the estimation steps. Instead, we explicitly accommodate cross-sectional dependence in productivity induced by...
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作者：Fioretti, Michele; Wang, Hongming
作者单位：Institut d'Etudes Politiques Paris (Sciences Po); Hitotsubashi University
摘要：Public procurement bodies increasingly resort to pay-for-performance contracts to promote efficient spending. We show that firm responses to pay-for-performance can widen the inequality in accessing social services. Focusing on the quality bonus payment initiative in Medicare Advantage, we find that higher quality-rated insurers responded to bonus payments by selecting healthier enrollees with premium differences across counties. Selection is profitable because the quality rating fails to adju...
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作者：Alan, Sule; Duysak, Enes; Kubilay, Elif; Mumcu, Ipek
作者单位：European University Institute; University of Essex; University of Exeter
摘要：Using data on primary school children and their teachers, we show that teachers who hold prejudicial attitudes towards an ethnic group create socially and spatially segregated classrooms. Leveraging a natural experiment where newly arrived refugee children are randomly assigned to teachers within schools, we find that teachers' ethnic prejudice, measured by an implicit association test, significantly lowers the prevalence of interethnic social links, increases homophilic ties among host childr...
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作者：Aastveit, Knut Are; Furlanetto, Francesco; Loria, Francesca
作者单位：BI Norwegian Business School; BI Norwegian Business School; Federal Reserve System - USA; Federal Reserve System Board of Governors
摘要：We investigate whether the Federal Reserve has responded systematically to house and stock prices and whether this response has changed over time using a Bayesian structural VAR model with time-varying parameters and stochastic volatility. To recover the systematic component of monetary policy, we interpret the interest rate equation in the VAR as an extended monetary policy rule responding to inflation, the output gap, house prices, and stock prices. Our results indicate that the systematic c...
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作者：Miller, Conrad
作者单位：University of California System; University of California Berkeley
摘要：This paper examines whether job suburbanization caused declines in black employment rates from 1970 to 2000. I find that black workers are less likely than white workers to work in observably similar jobs that are located further from the central city. Using evidence from establishment relocations, I find that this relationship reflects at least in part the causal effect of job location. At the local labor market level, I find that job suburbanization is associated with substantial declines in...
