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作者:Dai, Mian; Liu, Qihong; Serfes, Konstantinos
作者单位:Drexel University; University of Oklahoma System; University of Oklahoma - Norman
摘要:We investigate the effect of competition on price dispersion in the airline industry. Using panel data from 1993 to 2008, we find a nonmonotonic effect of competition on price dispersion. An increase in competition is associated with greater price dispersion in concentrated markets but with less price dispersion in competitive markets-an inverse-U relationship. Our empirical findings are consistent with an oligopolistic second-degree price discrimination model and encompass contradictory findi...
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作者:Kantor, Shawn; Whalley, Alexander
作者单位:Rensselaer Polytechnic Institute; National Bureau of Economic Research; University of California System; University of California Merced
摘要:We estimate the local spillovers from research university activity in a sample of urban counties. Our approach uses the interaction between university endowment values and stock market shocks over time for identification. We find statistically significant local spillover effects from university activity. The effects are significantly larger when local universities are more research intensive or local firms are technologically close to universities. Our results suggest that the longer-term effe...
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作者:Ewens, Michael; Tomlin, Bryan; Wang, Liang Choon
作者单位:Carnegie Mellon University; Monash University
摘要:A model of racial discrimination provides testable implications for two features of statistical discriminators: differential treatment of signals by race and heterogeneous experience that shapes perception. We construct an experiment in the U. S. rental apartment market that distinguishes statistical discrimination from taste-based discrimination. Responses from over 14,000 rental inquiries with varying applicant quality show that landlords treat identical information from applicants with Afri...
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作者:Hurst, Erik; Li, Geng; Pugsley, Benjamin
作者单位:University of Chicago; Federal Reserve System - USA; Federal Reserve System Board of Governors; Federal Reserve System - USA; Federal Reserve Bank - New York
摘要:A large literature shows that the self-employed underreport their income to tax authorities. In this paper, we quantify the extent to which the self-employed also systematically underreport their income in U. S. household surveys. We use the Engel curve describing the relationship between income and expenditures of wage and salary workers to infer the actual income, and thus the reporting gap, of the self-employed based on their reported expenditures. On average, the self-employed underreport ...
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作者:Kaestner, Robert; Malamud, Ofer
作者单位:University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital; National Bureau of Economic Research; University of Chicago
摘要:This paper examines the selection of Mexican migrants to the United States using novel data with rich premigration characteristics that include permanent migrants, return migrants, and migrating households. Results indicate that Mexican migrants are more likely to be young, male, and from rural areas compared to nonmigrants, but they are similar to nonmigrants in cognitive ability and health. Migrants are selected from the middle of the education distribution. Male Mexican migrants are negativ...
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作者:Anderson, Michael L.; Dobkin, Carlos; Gross, Tal
作者单位:University of California System; University of California Berkeley; National Bureau of Economic Research; University of California System; University of California Santa Cruz; Columbia University
摘要:Health insurance affects the rate at which individuals visit hospitals and emergency departments (EDs). We identify the causal effect of losing health insurance using a regression discontinuity design. We compare individuals just before and after their twenty third birthday, which insurers have used as a cutoff after which students are no longer eligible for their parents' health insurance: 1.5% of young adults lose their health insurance upon turning 23, and this transition leads to a 1.6% de...
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作者:Kesternich, Iris; Siflinger, Bettina; Smith, James P.; Winter, Joachim K.
作者单位:University of Munich; RAND Corporation; Rand Health
摘要:We investigate long-run effects of World War II on socioeconomic status and health of older individuals in Europe. We analyze data from SHARELIFE, a retrospective survey conducted as part of SHARE in Europe in 2009. SHARELIFE provides detailed data on events in childhood during and after the war for over 20,000 individuals in thirteen European countries. We construct several measures of war exposure: experience of dispossession, persecution, combat in local areas, and hunger periods. Exposure ...
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作者:Knittel, Christopher R.; Metaxoglou, Konstantinos
作者单位:Massachusetts Institute of Technology (MIT); National Bureau of Economic Research
摘要:We document the numerical challenges we experienced estimating random-coefficient demand models as in Berry, Levinsohn, and Pakes (1995) using two well-known data sets and a thorough optimization design. The optimization algorithms often converge at points where the first-and second-order optimality conditions fail. There are also cases of convergence at local optima. On convergence, the variation in the values of the parameter estimates translates into variation in the models' economic predic...
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作者:Michaels, Guy; Natraj, Ashwini; Van Reenen, John
作者单位:University of London; London School Economics & Political Science; Centre for Economic Policy Research - UK; University of London; London School Economics & Political Science; University of London; London School Economics & Political Science; Centre for Economic Policy Research - UK
摘要:We test the hypothesis that information and communication technologies (ICT) polarize labor markets by increasing demand for the highly educated at the expense of the middle educated, with little effect on low-educated workers. Using data on the United States, Japan, and nine European countries from 1980 to 2004, we find that industries with faster ICT growth shifted demand from middle-educated workers to highly educated workers, consistent with ICT-based polarization. Trade openness is also a...
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作者:Matsudaira, Jordan D.
作者单位:Cornell University
摘要:This paper provides direct evidence on the extent of monopsony power in the low-wage labor market by estimating the firm-level elasticity of labor supply for nurse aides in the long-term care (nursing home) industry. Using exogenous variation in hiring induced by the passage of a state minimum nurse staffing law, I find that facilities initially out of compliance with the new law did not have to raise their wage offers relative to their competitors in order to hire more nurses. While this is c...