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作者：Aparicio, Diego; Cavallo, Alberto
作者单位：University of Navarra; IESE Business School; Harvard University; National Bureau of Economic Research
摘要：We study the impact of targeted price controls on supermarket products in Argentina. Using daily prices for controlled and noncontrolled goods, we examine the effects on inflation, product availability, entry and exit, and price dispersion. First, price controls have only a small and temporary effect on inflation that reverses soon after the controls are lifted. Second, contrary to common belief, controlled goods are consistently available for sale. Third, firms respond by introducing new vari...
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作者：Stuart, Bryan A.; Taylor, Evan J.
作者单位：George Washington University; IZA Institute Labor Economics; University of Arizona
摘要：This paper estimates the effect of social connectedness on crime across U.S. cities from 1970 to 2009. Migration networks among African Americans from the South generated variation across destinations in the concentration of migrants from the same birth town. Using this novel source of variation, we find that social connectedness considerably reduces murders, rapes, robberies, assaults, burglaries, and motor vehicle thefts, with a 1 standard deviation increase in social connectedness reducing ...
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作者：Russell, Lauren
作者单位：University of Pennsylvania
摘要：Nonprofit colleges and universities have merged across the United States citing economies of scale and scope. Yet whether these mergers raise prices has not been empirically assessed. Using a retrospective merger evaluation approach, I estimate that the average merger between 2000 and 2015 increased tuition and fees by 5% to 7% relative to nonmerging institutions in the same state and sector (public or nonprofit). Effects on net prices are estimated imprecisely, but the results are suggestive ...
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作者：Buggle, Johannes C.; Nafziger, Steven
作者单位：University of Lausanne; Williams College
摘要：This paper examines the long-run economic consequences of Russian serfdom. Employing data on the intensity of labor coercion just prior to emancipation in 1861, we document that a 25 percentage point increase in historical serfdom (1 SD) reduces household expenditure today by up to 17%. We then provide evidence on the persistence of this relationship by studying city populations over the period 1800 to 2002. Exploring mechanisms, our findings suggest that less urban agglomeration and slower in...
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作者：Carpenter, Jeffrey; Huet-Vaughn, Emiliano; Matthews, Peter Hans; Robbett, Andrea; Beckett, Dustin; Jamison, Julian
作者单位：Middlebury College; IZA Institute Labor Economics; Claremont Colleges; Pomona College; Aalto University; University of Exeter
摘要：We exploit the principles of choice architecture to evaluate interventions in the market for reloadable prepaid cards. Participants are randomized into three card menu presentation treatments-the market status quo, a regulation-inspired reform, or an enhanced reform designed to minimize attribute overload-and offered choices based on prior structural estimation of individual preferences. Consumers routinely choose incorrectly under the status quo, with tentative evidence that the regulation-in...
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作者：Demyanyk, Yuliya; Loutskina, Elena; Murphy, Daniel
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作者：Olney, William W.; Pozzoli, Dario
作者单位：Williams College; Copenhagen Business School
摘要：This paper studies the relationship between immigration and offshoring by examining whether an influx of foreign workers reduces the need for firms to relocate jobs abroad. Using a Danish natural experiment and their employer-employee matched data set covering the universe of workers and firms (1995-2011), our findings show that an exogenous influx of immigrants into a municipality reduces firm-level offshoring at both the extensive and intensive margins. While the multilateral relationship is...
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作者：Dean, Mark; Sautmann, Anja
作者单位：Columbia University; The World Bank
摘要：Incentivized experiments are often used to identify the time preferences of households in developing countries. We argue theoretically and empirically that experimental measures may not identify preference parameters, but are a useful tool for understanding financial shocks and constraints. Using data from an experiment in Mali, we find that subject responses vary with savings and financial shocks, meaning they provide information about credit constraints and can be used to test models of risk...
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作者：Yu, Chi Wai; Zhang, Y. Jane; Zuo, Sharon Xuejing
作者单位：Hong Kong University of Science & Technology; University of New South Wales Sydney; Fudan University; Shanghai Institute of International Finance & Economics
摘要：A substantial proportion of individuals who complete the widely used multiple price list (MPL) instrument switch back and forth between the safe and the risky choice columns, behavior that is believed to indicate low-quality decision making. We develop a conceptual framework to formally define decision-making quality, test explanations for the nature of low-quality decision making, and introduce a novel nudge treatment that reduced multiple switching behavior and increased decision-making qual...
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作者：Eren, Ozkan; Mocan, Naci
作者单位：University of California System; University of California Riverside; Louisiana State University System; Louisiana State University; National Bureau of Economic Research
摘要：This paper contributes to the debate on the impact of juvenile crime punishment on high school completion and adult recidivism using administrative data from a southern U.S. state. We exploit random assignment of cases to judges and use idiosyncratic judge stringency in imprisonment to estimate the causal effect of incarceration. We find that juvenile incarceration increases the propensity of being convicted for a drug offense in adulthood while it lowers the propensity to be convicted of a pr...
