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作者：Edmonds, Eric; Feigenberg, Ben; Leight, Jessica
作者单位：Dartmouth College; National Bureau of Economic Research; University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital; CGIAR; International Food Policy Research Institute (IFPRI)
摘要：More than 98 million adolescent girls are not in school. Can girls influence their schooling without changes in their family's economic environment? In Rajasthan, India, we examine the impact of a school-based life skills program that seeks to address low aspirations, narrow societal roles for girls and women, restricted networks of social support, and limited decision-making power. We find the intervention causes a 25% decline in school dropout that persists from seventh grade through the tra...
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作者：Kreindler, Gabriel E.; Miyauchi, Yuhei
作者单位：Harvard University; Boston University
摘要：We show how to use commuting flows to infer the spatial distribution of income within a city. A simple workplace choice model predicts a gravity equation for commuting flows whose destination fixed effects correspond to wages. We implement this method with cell phone transaction data from Dhaka and Colombo. Model-predicted income predicts separate income data, at the workplace and residential level, and by skill group. Unlike machine learning approaches, our method does not require training da...
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作者：Sims, Eric; Wu, Jing Cynthia; Zhang, Ji
作者单位：National Bureau of Economic Research
摘要：This paper develops a New Keynesian model featuring financial intermediation, short- and long-term bonds, credit shocks, and scope for unconventional monetary policy. The log-linearized model reduces to four equations: Phillips and IS curves, as well as policy rules for the short-term interest rate and the central bank's long-bond portfolio (QE). Credit shocks and QE appear in both the IS and Phillips curves. In equilibrium, optimal monetary policy entails adjusting the short-term interest rat...
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作者：Alexander, Diane; Karger, Ezra
作者单位：University of Pennsylvania; Federal Reserve System - USA; Federal Reserve Bank - Chicago
摘要：We link the county-level rollout of stay-at-home orders during the COVID-19 pandemic to anonymized cell phone records and consumer spending data. We document three patterns. First, stay-at-home orders caused people to stay home: county-level measures of mobility declined 6% to 7% within two days of when the stay-at-home order went into effect. Second, stay-at-home orders caused large reductions in spending in sectors associated with mobility: small businesses and large retail chains. Third, we...
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作者：Brunner, Eric J.; Dougherty, Shaun M.; Ross, Stephen L.
作者单位：University of Connecticut; Vanderbilt University
摘要：We examine the effect of attending stand-alone technical high schools in Connecticut using regression discontinuity. Male students are 10 percentage points more likely to graduate from high school and have half a semester less time enrolled in college. Male students have 32% higher average quarterly earnings. Earnings effects may in part reflect general skills: male students have higher attendance rates and test scores, industry fixed effects explain less than one-third of earnings gains, and ...
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作者：Burke, Mary A.; Ozdagli, Ali
作者单位：Federal Reserve System - USA; Federal Reserve Bank - Boston; Federal Reserve System - USA; Federal Reserve Bank - Dallas
摘要：Recent research offers mixed results concerning the relationship between inflation expectations and consumption, using qualitative measures of readiness to spend. We revisit this question using survey panel data of actual spending from the United States between 2009 and 2012 that also allows us to control for household heterogeneity. We find that durables spending increases with expected inflation only for selected types of households while nondurables spending does not respond to expected inf...
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作者：Fry, Caroline Viola
作者单位：University of Hawaii System; University of Hawaii Manoa
摘要：When crises such as disease outbreaks occur in low-income countries, the global response can influence the output of researchers in the most affected locations. This paper investigates the impact of the 2014 West African Ebola epidemic on publication outcomes of endemic country scientists. Driven by collaborations with high-income country scientists in Ebola publications, endemic country scientists with relevant experience increase their publication output. However, the productivity of scienti...
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作者：Einav, Liran; Finkelstein, Amy; Mahoney, Neale
作者单位：Stanford University; National Bureau of Economic Research; Massachusetts Institute of Technology (MIT)
摘要：There is substantial waste in U.S. healthcare but little consensus on how to combat it. We identify one source of waste: long-term care hospitals (LTCHs). Using the entry of LTCHs into hospital markets in an event study design, we find that most LTCH patients would have counterfactually received care at Skilled Nursing Facilities-facilities that provide medically similar care but are paid significantly less-and that substitution to LTCHs leaves patients unaffected or worse off on all dimension...
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作者：Heins, Gunnar
作者单位：State University System of Florida; University of Florida
摘要：How unequal are the gains from trade? This paper develops a structural framework to quantify the consequences of international trade on welfare of consumers across the income distribution, allowing for nonhomothetic demand and endogenous quality choices by firms. Using random coefficients demand estimation techniques, I infer demand and supply parameters, as well as household-specific price indexes for more than 3,000 distinct industries and find the gains from trade to be moderately unequal e...
