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作者：Buckles, Kasey S.; Hungerman, Daniel M.
作者单位：University of Notre Dame; National Bureau of Economic Research
摘要：Season of birth is associated with later outcomes; what drives this association remains unclear. We consider a new explanation: variation in maternal characteristics. We document large changes in maternal characteristics for births throughout the year; winter births are dispropor-tionally realized by teenagers and the unmarried. Family background controls explain nearly half of season-of-birth's relation to adult outcomes. Seasonality in maternal characteristics is driven by women trying to co...
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作者：Leung, Tin Cheuk
作者单位：Chinese University of Hong Kong
摘要：Using a unique conjoint data set drawn from 281 college students in Hong Kong, I estimate a random-coefficient discrete choice demand system for Microsoft Office from legal and various illegal sources. Counterfactual results show two things. First, most students would switch to Internet piracy even if the government eradicated street piracy. This explains why software piracy in Hong Kong remains well above 40% despite the government's successful measures to bring down street piracy. Second, th...
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作者：Irarrazabal, Alfonso; Moxnes, Andreas; Ulltveit-Moe, Karen Helene
作者单位：Norges Bank; Dartmouth College; BI Norwegian Business School; University of Oslo
摘要：We investigate to what extent worker heterogeneity explains the well-known wage and productivity exporter premiums, employing a matched employer-employee data set for Norwegian manufacturing. The wage premium falls by roughly 50% after controlling for observed and unobserved worker characteristics, while the total factor productivity premium falls by 25% to 40%, suggesting that sorting explains up to half of these premiums. Recent trade models emphasize the role of within-industry reallocation...
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作者：Ackland, Robert; Dowrick, Steve; Freyens, Benoit
作者单位：Australian National University; Australian National University; University of Canberra; Australian National University
摘要：We present theory and evidence to suggest that, in the context of analyzing global poverty, the EKS approach to estimating purchasing power parities yields more appropriate international comparison of real incomes than the Geary-Khamis approach. Our analysis of the 1996 and 2005 International Comparison Project data confirms that the Geary-Khamis approach substantially overstates the relative incomes of the world's poorest nations, and this leads to misleading comparisons of poverty across reg...
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作者：Quy-Toan Do; Iyer, Sriya; Joshi, Shareen
作者单位：The World Bank; University of Cambridge; Georgetown University
摘要：This paper provides an economic rationale for the practice of consanguineous marriages observed in parts of the developing world. In a model of incomplete marriage markets, dowries are viewed as ex ante transfers made from the bride's family to the groom's family when the promise of ex post gifts and bequests is not credible. Consanguineous unions join families between whom ex ante pledges are enforceable ex post. The model predicts a negative relationship between consanguinity and dowries and...
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作者：Casu, Barbara; Ferrari, Alessandra; Zhao, Tianshu
作者单位：City St Georges, University of London; University of Reading; University of Stirling
摘要：This paper examines the impact of regulatory reform on productivity growth and its components for Indian banks from 1992 to 2009. We estimate parametric and nonparametric efficiency frontiers, followed by Divisia and Malmquist indexes of total factor productivity, respectively. To account for technology heterogeneity among ownership types, we use a metafrontier approach. Results are consistent across methodologies and show sustained productivity growth, driven mainly by technological progress....
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作者：Mocan, Naci
作者单位：Louisiana State University System; Louisiana State University; National Bureau of Economic Research
摘要：This paper investigates the extent of vengeful feelings and their determinants using data on more than 116,000 individuals from 66 countries. Country characteristics as well as personal attributes of the individuals influence vengeful feelings. The magnitude of vengeful feelings is greater for people in countries with low levels of education, low-income countries, and interrupted democracies. Personal education has an impact on vengeful feelings in lower-income countries. The results suggest t...
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作者：Bergin, Paul R.; Glick, Reuven; Wu, Jyh-Lin
作者单位：University of California System; University of California Davis; National Bureau of Economic Research; Federal Reserve System - USA; Federal Reserve Bank - San Francisco; National Sun Yat Sen University
摘要：This paper reconciles the persistence of aggregate real exchange rates with the faster adjustment of international relative prices in microeconomic data. Error correction model estimates indicate that a different mix of shocks drives international price deviations at the microeconomic level and that dynamic adjustment works through arbitrage in the goods market rather than the foreign exchange market. When half-lives are estimated conditional on a common set of estimated macro shocks, we find ...
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作者：Prati, Alessandro; Onorato, Massimiliano Gaetano; Papageorgiou, Chris
作者单位：International Monetary Fund
摘要：Are structural reforms growth enhancing? Is the effectiveness of reforms constrained by a country's distance from the technology frontier or by its institutional environment? This paper takes a new and comprehensive look at these questions by employing a novel data set that includes several kinds of real (trade, agriculture, and networks) and financial (domestic finance, banking, securities, and capital account) reforms for an extensive list of developed and developing countries, going back to...
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作者：Billmeier, Andreas; Nannicini, Tommaso
作者单位：Bocconi University
摘要：We use a transparent statistical methodology for data-driven case studies-the synthetic control method-to investigate the impact of economic liberalization on real GDP per capita in a worldwide sample of countries. Economic liberalization is measured by a widely used indicator that captures the scope of the market in the economy. The methodology compares the postliberalization GDP trajectory of treated economies with the trajectory of a combination of similar but untreated economies. We find t...
