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作者：Yousaf, Hasin
作者单位：University of New South Wales Sydney
摘要：How do events that highlight a policy issue impact political preferences? In this paper, I analyze the impact of mass shootings on voter behavior. I show that, conditional on population, mass shootings are largely random events. Using a difference-in-differences strategy, I find that mass shootings result in a 1.7 percentage point loss in Republican vote share in counties where they occur. Identification that relies on comparing successful and failed mass shootings yields similar results. Mass...
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作者：Miller, Steve; Chua, Kenn; Coggins, Jay; Mohtadi, Hamid
作者单位：University of Colorado System; University of Colorado Boulder; University of Minnesota System; University of Minnesota Twin Cities; University of Wisconsin System; University of Wisconsin Milwaukee
摘要：Climate change is likely to affect economies not only through warming, but also via an increase in prolonged extreme events like heat waves. However, the impacts of heat waves on economic output are not well captured by standard empirical approaches that ignore when hot days occur. Using a global dataset spanning 1979-2016, we show agricultural losses from past heat waves are up to an order of magnitude larger than suggested by standard approaches. Combining these estimates with a suite of cli...
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作者：Benzarti, Youssef; Harju, Jarkko
作者单位：University of California System; University of California Santa Barbara; Tampere University; VATT Institute for Economic Research
摘要：This paper uses quasi-experimental variation in payroll tax rates in Finland to investigate how firms use their input factors. We find that higher payroll tax rates lead to large employment responses and have no effects on employee-level earnings. As payroll taxes increase, firms substitute away from low-skilled, routine, and manual workers. Higher firm-level payroll tax rates also slightly decrease the total output of firms. Our results imply that firm-level production and input factor choice...
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作者：Myong, Sunha; Park, JungJae; Yi, Junjian
作者单位：Singapore Management University; Yonsei University; Chinese University of Hong Kong
摘要：We document three stylized facts on marriage and fertility patterns in East Asian societies: (i) their marriage rates are among the highest in the world, but their total fertility is the lowest; (ii) although they have the lowest total fertility, almost all married women have at least one child; and (iii) almost no single women have any children. As these societies have been influenced by Confucianism over millennia, marriage and fertility decisions are potentially shaped by two social norms: ...
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作者：Myong, Sunha; Park, JungJae; Yi, Junjian
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作者：Enders, Zeno; Hakenes, Hendrik
作者单位：Ruprecht Karls University Heidelberg; University of Bonn
摘要：We develop a model of rational bubbles based on leverage and the assumption of an imprecisely known maximum market size. In a bubble, traders push the asset price above its fundamental value in a dynamic way, driven by rational expectations about future price developments. At a previously unknown date, the bubble will endogenously burst. Households optimally decide whether to lend to traders with limited liability. Bubbles increase welfare of the initial asset holders, but reduce welfare of fu...
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作者：Lashkaripour, Ahmad
作者单位：Indiana University System; Indiana University Bloomington
摘要：The tariff-for-revenue argument has been invoked repeatedly in recent years to justify protectionism. It is motivated by the belief that a country with market power can use trade taxes to raise revenue from foreign consumers and producers. This paper develops a new sufficient statistics methodology to evaluate this claim for a wide range of countries. I show that (a) even large countries have limited market power. (b) So, before retaliation by trading partners, the average country can benefici...
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作者：Fackler, Daniel; Mueller, Steffen; Stegmaier, Jens
作者单位：Goethe University Frankfurt; Leibniz Association; Leibniz Institut fur Wirtschaftsforschung Halle (IWH); Otto von Guericke University
摘要：This paper investigates whether wage losses after job displacement are driven by lost firm wage premiums or worker productivity depreciations. We estimate losses in wages and firm wage premiums, the latter being measured as firm effects from a two-way fixed-effects wage decomposition. Using new German administrative data on displacements from small and large employers, we find that wage losses are to a large extent explained by losses in firm wage premiums and that premium losses are largely p...
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作者：Fasani, Francesco; Frattini, Tommaso; Minale, Luigi
作者单位：University of London; Queen Mary University London; University of Milan; Universidad Carlos III de Madrid
摘要：This paper investigates the medium- to long-term effects on refugee labour market outcomes of the temporary employment bans being imposed on asylum seekers in many countries. Using a newly collected data set on employment restrictions together with individual data for refugees entering European countries between 1985 and 2012, our empirical strategy exploits the geographical and temporal variation in employment bans generated by their staggered introduction and removal coupled with frequent ch...
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作者：Dalton, Patricio S.; Rueschenpoehler, Julius; Uras, Burak; Zia, Bilal
作者单位：Tilburg University; Tilburg University; University of California System; University of California Berkeley; The World Bank
摘要：Business practices and performance vary widely across businesses within the same sector. A key outstanding question is why profitable practices do not readily diffuse. We conduct a field experiment among urban retailers in Indonesia to study whether alleviating informational and behavioral frictions can facilitate such diffusion in a cost-effective manner. Through quantitative and qualitative fieldwork, we curate a handbook that associates locally relevant practices with performance, and provi...
