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作者：Fischer, Martin; Karlsson, Martin; Nilsson, Therese; Schwarz, Nina
作者单位：Karolinska Institutet; University of Duisburg Essen; Lund University; Research Institute of Industrial Economics (IFN)
摘要：We evaluate the impact on earnings, pensions, and further labor market outcomes of two parallel educational reforms increasing instructional time in Swedish primary school. The reforms extended the annual term length and years of compulsory schooling by comparable amounts. We find striking differences in the effects of the two reforms: at 5% the returns to the term length extension were sizeable and benefited broad ranges of the population. The compulsory schooling extension had small (2%) alb...
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作者：Vogl, Tom S.
作者单位：University of California System; University of California San Diego
摘要：Evolutionary theorists have long noted that intergenerational transmission in fertility may counteract aggregate fertility decline through a process of natural selection. I study this evolutionary process by estimating how intergenerational associations in fertility vary over the fertility transition and feed back into the level of average fertility. Microdata from 40 developing countries indicate that intergenerational persistence breaks down at the onset of the fertility transition but then ...
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作者：Bhalotra, Sonia; Clarke, Damian
作者单位：University of Essex; Universidad de Santiago de Chile
摘要：Twin births are often used as an instrument to address selection of women into fertility. However, recent work shows selection of women into twin birth such that, while OLS estimates tend to be downward biased, twin-IV estimates will tend to be upward biased. This is pertinent given the emerging consensus that fertility has limited impacts on women's labour supply, or on investments in children. Using data for developing countries and the United States to estimate the trade-off between fertili...
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作者：Anelli, Massimo
作者单位：Bocconi University
摘要：I take advantage of a discontinuity in the probability of admission to a highly selective private university to estimate causal returns to investing in elite university education. I use a newly assembled data set that combines individual administrative records about high school attendance, university admission, university attendance, and tax returns. I find a discontinuity in income of 38 log points at the admission cutoff. The fuzzy regression discontinuity estimate for the elite enrollment e...
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作者：Repetto, Luca; Solis, Alex
作者单位：Uppsala University
摘要：Do behavioral biases affect prices in a high-stakes market? We study the role of left-digit bias in the purchase of an apartment. Left-digit bias is the failure to fully process digits after the first, perceiving prices just below a round number (such as $3.99) as cheaper than their round counterpart ($4). Apartments with asking prices just below round millions are sold at a 3%-5% higher final price after an auction. This effect appears not to be driven by differences in observables or in real...
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作者：Vivalt, Eva
作者单位：Australian National University; University of Toronto
摘要：Impact evaluations can help to inform policy decisions, but they are rooted in particular contexts and to what extent they generalize is an open question. I exploit a new data set of impact evaluation results and find a large amount of effect heterogeneity. Effect sizes vary systematically with study characteristics, with government-implemented programs having smaller effect sizes than academic or non-governmental organization-implemented programs, even controlling for sample size. I show that...
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作者：Edo, Anthony
摘要：This paper investigates the dynamics of wage adjustment to an exogenous increase in labor supply exploiting the sudden and unexpected inflow of repatriates to France resulting from Algerian independence in 1962. I measure the impact of this particular supply shift on the average wage of pre-existing native workers across French regions between 1962 and 1976. I find that regional wages decreased between 1962 and 1968, before returning to their pre-shock level 15 years after. I also investigate ...
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作者：Gallice, Andrea; Grillo, Edoardo
作者单位：University of Turin; Collegio Carlo Alberto
摘要：We investigate how social status concerns may affect voters' preferences for redistribution. Social status is given by a voter's relative standing in two dimensions: consumption and social class. By affecting the distribution of consumption levels, redistribution modifies the weights attached to the two dimensions. Thus, redistribution not only transfers resources from the rich to the poor, but it also amplifies or reduces the importance of social class differences. Social status concerns can ...
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作者：Hanlon, W. Walker
作者单位：New York University
摘要：Can temporary input cost advantages have a long-run impact on production patterns? I study this question in the context of shipbuilding from 1850 to 1911. Although North America was the dominant wood shipbuilding region in the mid-19th century, the introduction of metal shipbuilding shifted the industry to Britain, where metal inputs were less expensive. After 1890, Britain's input price advantages largely disappeared but its dominant position in the industry persisted. I show that American sh...
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作者：Drago, Francesco; Galbiati, Roberto; Sobbrio, Francesco
作者单位：University of Catania; Centre National de la Recherche Scientifique (CNRS); Luiss Guido Carli University
摘要：This study analyzes voters' response to criminal justice policies by exploiting a natural experiment. The 2006 Italian Collective Pardon Bill, designed and promoted by the incumbent center-left (CL) coalition, unexpectedly released about one-third of the prison population, creating idiosyncratic incentives to recidivate across pardoned individuals. Municipalities where resident pardoned individuals had a higher incentive to recidivate experienced a higher recidivism rate. We show that in those...
