-
作者：Ambrose, Brent W.; Coulson, N. Edward; Yoshida, Jiro
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Nevada System of Higher Education (NSHE); University of Nevada Las Vegas
摘要：We employ a weighted repeat rent estimator to construct quarterly indexes that expand the profession's ability to make cross-sectional comparisons of housing markets. Our analysis shows that there is considerable heterogeneity in the behavior of rents across cities over the 2000-2010 decade, but the number of cities and years for which nominal rents fell is substantial; rents fell in many cities following the onset of the housing crisis in 2007; and the repeat rent and Bureau of Labor Statisti...
-
作者：Holland, Stephen P.; Hughes, Jonathan E.; Knittel, Christopher R.; Parker, Nathan C.
作者单位：University of North Carolina; University of North Carolina Greensboro; National Bureau of Economic Research; University of Colorado System; University of Colorado Boulder; Massachusetts Institute of Technology (MIT); University of California System; University of California Davis
摘要：Climate policy has favored costly measures that implicitly or explicitly subsidize lowcarbon fuels.We simulate four transportation sector policies: cap and trade (CAT), ethanol subsidies, a renewable fuel standard (RFS), and a lowcarbon fuel standard. Our simulations confirm that alternatives to CAT are 2.5 to 4 times more costly but are amenable to adoption due to right-skewed distributions of gains. We analyze voting on the Waxman-Markey (WM) CAT bill. Conditional on a district's CAT gains, ...
-
作者：Freund, Caroline; Pierola, Martha Denisse
作者单位：Peterson Institute for International Economics; Center for Economic & Policy Research (CEPR); The World Bank
摘要：We show that very large firms shape country export patterns. Among 32 countries, the top firm on average accounts for 14% of a country's total (nonoil) exports, and the top five firms make up 30%. These export superstars are also important in the sectoral distribution of exports. Variation in exports from the top firm in a country explains about one-third of the variation in sectoral exports relative to income across countries, and variation in exports from the top five firms explains nearly h...
-
作者：Skinner, Jonathan; Staiger, Douglas
作者单位：Dartmouth College; National Bureau of Economic Research
摘要：We draw on macroeconomic models of diffusion and productivity to explain empirical patterns of survival gains in heart attacks. Using Medicare data for 2.8 million patients from 1986 to 2004, we find that hospitals rapidly adopting cost-effective innovations such as beta blockers, aspirin, and reperfusion had substantially better outcomes for their patients. Holding technology adoption constant, the marginal returns to spending were relatively modest. Hospitals increasing the pace of technolog...
