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作者:Anderson, Michael L.
作者单位:University of California System; University of California Berkeley; National Bureau of Economic Research
摘要:Spending on big-time college athletics is often justified on the grounds that athletic success attracts students and raises donations. We exploit data on bookmaker spreads to estimate the probability of winning each game for college football teams. We then condition on these probabilities using a propensity score design to estimate the effects of winning on donations, applications, and enrollment. The resulting estimates represent causal effects under the assumption that, conditional on bookma...
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作者:Huber, Martin; Lechner, Michael; Mellace, Giovanni
作者单位:University of Fribourg; University of St Gallen; IZA Institute Labor Economics; University of Southern Denmark
摘要:Previous research found that less accommodating caseworkers are more successful in placing unemployed workers into employment. This paper explores the causal mechanisms behind this result using semi-parametric mediation analysis. Analyzing rich linked job seeker-caseworker data for Switzerland, we find that the positive employment effects of less accommodating caseworkers are not driven by a particularly effective mix of labor market programs but, rather, by other dimensions of the counseling ...
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作者:Faggio, Giulia; Silva, Olmo; Strange, William C.
作者单位:City St Georges, University of London; University of London; London School Economics & Political Science; University of Toronto
摘要:Many prior treatments of agglomeration explicitly or implicitly assume that all industries agglomerate for the same reasons. This paper uses U.K. establishment-level coagglomeration data to document substantial heterogeneity across industries in the microfoundations of agglomeration economies. It finds robust evidence of organizational and adaptive agglomeration forces as discussed by Chinitz (1961), Vernon (1960), and Jacobs (1969). These forces interact with the traditional Marshallian (1890...
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作者:Feenberg, Daniel; Ganguli, Ina; Gaule, Patrick; Gruber, Jonathan
作者单位:National Bureau of Economic Research; University of Massachusetts System; University of Massachusetts Amherst; Charles University Prague; Czech Academy of Sciences; Economics Institute of the Czech Academy of Sciences; Massachusetts Institute of Technology (MIT)
摘要:When choices are made from ordered lists, individuals can exhibit biases toward selecting certain options as a result of the ordering. We examine this phenomenon in the context of consumer response to the ordering of economics papers in an e-mail announcement issued by the NBER. We show that despite the effectively random list placement, papers listed first each week are about 30% more likely to be viewed, downloaded, and subsequently cited. We suggest that a model of skimming behavior, where ...
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作者:Chudik, Alexander; Mohaddes, Kamiar; Pesaran, M. Hashem; Raissi, Mehdi
作者单位:Federal Reserve System - USA; Federal Reserve Bank - Dallas; University of Cambridge; University of Cambridge; University of Southern California; University of Cambridge; International Monetary Fund
摘要:This paper studies the relationship between public debt expansion and economic growth and investigates whether the debt-growth relation varies with the level of indebtedness. We contribute theoretically by developing tests for threshold effects in the context of dynamic heterogeneous panel data models with cross-sectionally dependent errors. In the empirical application, using data on a sample of forty countries over the 1965-2010 period, we find no evidence for a universally applicable thresh...
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作者:Jia, Ruixue; Nie, Huihua
作者单位:University of California System; University of California San Diego; Canadian Institute for Advanced Research (CIFAR); Renmin University of China
摘要:This paper investigates how collusion between regulators and firms affects workplace safety using the case of China's coal mine deaths. We argue that decentralization makes collusion more likely and that its effect is strengthened if the transaction costs of collusion are lower. These hypotheses are tested by investigating the impact of decentralization contingent on regulators' characteristics. Exploring both decentralization and centralization reforms in the coal mine industry, we find that ...
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作者:Hanlon, W. Walker
作者单位:University of California System; University of California Los Angeles; National Bureau of Economic Research
摘要:Can a temporary economic shock to an important local industry influence long-run city population? To answer this question I study the large temporary shock to British cities caused by the U.S. CivilWar (1861-1865), which reduced cotton supplies to Britain's important cotton textile industry. I show that this event temporarily reduced the growth rate of cities specializing in cotton textile production, relative to other English cities, and led to a persistent change in the level of city populat...
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作者:Anagol, Santosh; Cole, Shawn; Sarkar, Shayak
作者单位:Harvard University; National Bureau of Economic Research; Harvard University
摘要:We conduct a series of field experiments to evaluate the quality of advice provided by life insurance agents in India. Agents overwhelmingly recommend unsuitable, strictly dominated products that provide high commissions to the agent. Agents cater to the beliefs of uninformed consumers, even when those beliefs are wrong. We also find that agents appear to focus on maximizing the amount of premiums (and therefore their commissions) that customers pay, as opposed to focusing on how much insuranc...
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作者:Bradley, Sebastien
作者单位:Drexel University
摘要:Michigan's implementation of assessment limits gives rise to a wide variation in taxable basis across comparable homes. Exploiting the fact that the resulting differences in property tax liability are temporarily inherited by new homebuyers, I estimate the degree of capitalization of these largely idiosyncratic tax differences to evaluate whether homebuyers understand the tax implications of their home purchases. Consistent with anecdotal evidence but in stark contrast to the traditional view ...
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作者:Wu, Yanhui
作者单位:University of Southern California
摘要:This paper examines how the allocation of authority within an organization affects workers' incentives and performance, using personnel data from a Chinese newspaper. Relying on an authority change that transferred the right of making editorial decisions from midlevel editors to top editors in four of the eight divisions in the newspaper, I find that the authority change improves reporters' performance while reducing their activities for private gain and decreases midlevel editors' journalisti...