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作者:Jia, Ruixue; Kudamatsu, Masayuki; Seim, David
作者单位:University of California System; University of California San Diego; Stockholm University; University of Toronto; Research Institute of Industrial Economics (IFN)
摘要:Who becomes a top politician in China? We focus on provincial leadersa pool of candidates for top political officeand examine how their chances of promotion depend on their performance in office and connections with top politicians. Our empirical analysis, based on the curriculum vitae of Chinese politicians, shows that connections and performance are complements in the Chinese political selection process. This complementarity is stronger the younger provincial leaders are relative to their co...
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作者:Mumtaz, Haroon; Theodoridis, Konstantinos
作者单位:University of London; Queen Mary University London; Bank of England
摘要:This paper proposes an empirical model which can be used to estimate the international transmission of volatility shocks. Using this model we estimate that a one standard deviation increase in the volatility of the shock to US real GDP leads to a decline in UK GDP of 1% relative to trend and a 0.7% increase in UK CPI relative to trend at the two-year horizon. Using a nonlinear open-economy DSGE model, we find that these empirical estimates are consistent with the response to a perturbation to ...
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作者:Bai, Ying; Kung, James Kai-sing
作者单位:Hong Kong University of Science & Technology
摘要:We provide an account of how Protestantism promoted economic prosperity in Chinaa country in which Protestant missionaries penetrated far and wide during 1840-1920, but only a tiny fraction of the population had converted to Christianity. By exploiting the spatial variation in the missionaries' retreat due to the Boxer Uprising to identify the diffusion of Protestantism, we find that the conversion of an additional communicant per 10,000 people increases the overall urbanization rate by 18.8% ...
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作者:Einav, Liran; Levin, Jonathan
作者单位:Stanford University
摘要:Rising healthcare costs have sparked debate about the best way to provide high-quality affordable health insurance. We discuss the potential for regulated insurancemarkets to outperform single-payer public insurance. We use as an example the private Medicare plans that now provide insurance to almost a third of seniors in the United States. The evidence suggests that private plans can limit costs and potentially appeal to enrollees, and that well-designed risk adjustment can mitigate market fa...
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作者:Coviello, Decio; Ichino, Andrea; Persico, Nicola
作者单位:Universite de Montreal; HEC Montreal; European University Institute; University of Bologna; Northwestern University
摘要:Much work is carried out in short, interrupted segments. This phenomenon, which we label task juggling, has been overlooked by economists. We study the work schedules of some judges in Italy documenting that they do juggle tasks and that juggling causally lowers their productivity substantially. To measure the size of this effect, we show that although all these judges receive the same workload, those who juggle more trials at once instead of working sequentially on few of them at each unit of...
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作者:Vieider, Ferdinand M.; Lefebvre, Mathieu; Bouchouicha, Ranoua; Chmura, Thorsten; Hakimov, Rustamdjan; Krawczyk, Michal; Martinsson, Peter
作者单位:Institut Agro; Montpellier SupAgro; Centre National de la Recherche Scientifique (CNRS); Universite de Montpellier; University of Reading; University of Nottingham; University of Warsaw; University of Gothenburg
摘要:Attitudes towards risk and uncertainty have been indicated to be highly context-dependent, and to be sensitive to the measurement technique employed. We present data collected in controlled experiments with 2,939 subjects in 30 countries measuring risk and uncertainty attitudes through incentivized measures as well as survey questions. Our data show clearly that measures correlate not only within decision contexts or measurement methods, but also across contexts and methods. This points to the...