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作者:Gancia, Gino; Ponzetto, Giacomo A. M.; Ventura, Jaume
作者单位:University of London; Queen Mary University London; Centre de Recerca en Economia Internacional (CREI); Pompeu Fabra University; Barcelona School of Economics; Centre de Recerca en Economia Internacional (CREI); Pompeu Fabra University
摘要:This paper develops a theoretical framework to study the interaction between globalization and political structure. We show that political structure adapts in a non-monotonic way to declining transport costs. Borders hamper trade. At an earlier stage, the political response to expanding trade opportunities consists of removing borders by increasing country size. At a later stage, instead, it consists of removing the cost of borders by creating international unions. This leads to a reduction in...
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作者:van Veldhuizen, Roel
作者单位:Lund University
摘要:A long line of laboratory experiments has found that women are less likely to sort into competitive environments. Although part of this effect may be explained by gender differences in risk attitudes and self-confidence, previous studies have attributed the majority of the gender gap to gender differences in a competitiveness trait. I re-examine this result using a novel experiment that allows me to separate competitiveness from alternative explanations using causal treatments. In contradictio...
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作者:Dragusanu, Raluca; Montero, Eduardo; Nunn, Nathan
作者单位:University of Chicago; Harvard University; Canadian Institute for Advanced Research (CIFAR); University of British Columbia
摘要:We study the effects of Fair Trade (FT) certification of coffee on producers and households in Costa Rica. Examining the production dynamics of all Costa Rican coffee mills from 1999 to 2014, we find that when global coffee prices are lower and the FT guaranteed minimum price is binding, FT certification is associated with a higher sales price, greater sales, and more revenues. We also find that certification reduces the probability of a mill closing down and exiting the industry. Looking at h...
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作者:Gonzalo Llosa, Luis; Venkateswaran, Venky
作者单位:Pontificia Universidad Catolica del Peru; New York University
摘要:Do private incentives to acquire information reflect the full social value of such information? We show that the answer to this question is typically negative in a canonical business cycle setting, where firms set prices under imperfect information about aggregate productivity. The wedge between private and social values of information is related to market power and ex-post inefficiencies in the use of information. The first reduces the private value of information (relative to its social valu...
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作者:John, Anett; Orkin, Kate
作者单位:University of Birmingham; University of Oxford; University of Oxford
摘要:Behavioral constraints may explain part of the low demand for preventive health products. We test the effects of two light-touch psychological interventions on water chlorination and related health and economic outcomes using a randomized controlled trial among 3,750 women in rural Kenya. One intervention encourages participants to visualize alternative realizations of the future, and the other builds participants' ability to make concrete plans. After 12 weeks, visualization increases objecti...
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作者:Kircher, Philipp
作者单位:Cornell University; University of Edinburgh
摘要:Formal job search has undergone massive transformations in the last two decades with the move to online platforms. This makes more stages of the job search process observable, and allows researchers to intervene in this market and improve the design of the job search process and the information available in it. This paper showcases studies that illustrate the potential of analyzing online job search data and of intervening in the online job search process. It presents the current insights and ...
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作者:Malik, Adeel; Mirza, Rinchan Ali
作者单位:University of Oxford; University of Kent
摘要:YY This paper offers a novel illustration of the political economy of religion by examining the impact of religious elites on development. We compile a unique database on holy Muslim shrines across Pakistani Punjab and construct a historical panel of literacy spanning over a century (1901-2011). Using the 1977 military takeover as a universal shock that gave control over public goods to politicians, our difference-in-differences analysis shows that areas with a greater concentration of shrines...
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作者:Chen, Natalie; Chung, Wanyu; Novy, Dennis
作者单位:University of Warwick; University of Birmingham
摘要:Using detailed firm-level transactions data for UK imports, we find that invoicing in a vehicle currency is pervasive, with more than half of the transactions in our sample invoiced in neither sterling nor the exporter's currency. We then study the relationship between invoicing currencies and the response of import unit values to exchange rate changes. We find that for transactions invoiced in a vehicle currency, import unit values are much more sensitive to changes in the vehicle currency th...
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作者:Dauth, Wolfgang; Findeisen, Sebastian; Moretti, Enrico; Suedekum, Jens
作者单位:Otto Friedrich University Bamberg; University of Konstanz; University of California System; University of California Berkeley
摘要:Using administrative German data, we show that large cities allow for a more efficient matching between workers and firms and this has important consequences for geographical inequality. Specifically, the match between high-quality workers and high-quality plants is significantly tighter in large cities relative to small cities. Wages in large cities are higher not only because of the higher worker quality but also because of a stronger assortative matching. Strong assortative matching in larg...
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作者:Bielecki, Marcin; Brzoza-Brzezina, Michal; Kolasa, Marcin
作者单位:University of Warsaw; Narodowy Bank Polski; Warsaw School of Economics
摘要:This paper investigates the distributional consequences of monetary policy across generations. We use a life-cycle modelwith a rich asset structure as well as nominal and real rigidities, calibrated to the euro area using both macroeconomic aggregates and microeconomic evidence from the Household Finance and Consumption Survey. Life-cycle considerations allow to demonstrate the key role of maturing assets (in contrast to balance sheet holdings) for properly assessing the redistributive effects...