Những tòa soạn tài chính chúng tôi đọc, gom về một nơi. Các bài chúng tôi được cấp phép đăng được đăng lại toàn văn và ghi tên tác giả; mọi bài còn lại chỉ gồm tiêu đề và một đoạn trích ngắn, liên kết thẳng đến nhà xuất bản.
NBER Kinh tế Toàn văn
We establish a reliable counterfactual for evaluating racial disparities in traffic stops using telemetric data to estimate the racial composition of motorists. We measure of motorist racial composition using telemetric…
NBER Kinh tế Toàn văn
The use of managed retreats, or “buyouts,” of flood-prone properties is likely to grow as an adaptation response to increasing flood risks. This paper investigates the role of race and ethnicity in buyout bargaining…
NBER Kinh tế Toàn văn
We estimate the effect of receiving Supplemental Security Income (SSI) in childhood on adult outcomes using multiple sources of variation. Using variation across and within two quasi-experiments, we find that the…
NBER Kinh tế Toàn văn
Since the 1980s, the United States has experienced a pronounced saving glut of the rich, a large accumulation of assets among the top 1% of earners. We argue that this development partly reflects a shift in the…
NBER Kinh tế Toàn văn
The cognitive noise hypothesis is an increasingly popular explanation for a wide range of puzzling regularities in human behavior. Using simple, familiar tools and minimal assumptions drawn from neuroscience, cognitive…
NBER Kinh tế Toàn văn
Transportation is a major source of greenhouse gas and air pollution emissions worldwide, with most automobile pollution coming from vehicles older than 10 years. Yet, many policies discourage the removal of older…
NBER Kinh tế Toàn văn
We compare verifiable and unverifiable communication in a sender–receiver setting with partially aligned preferences, where the sender knows more than what her evidence can prove. We identify a credibility–flexibility…
NBER Kinh tế Toàn văn
We show that investor patience shapes venture-capital (VC) investment strategies and outcomes. Through a randomized experiment with Chinese fund managers, we demonstrate that managers explicitly tailor fund duration and…
NBER Kinh tế Toàn văn
Ultra-poor graduation programs (UPG) reliably reduce extreme poverty among adult recipients, yet their intergenerational effects on children remain largely undocumented. We study a child-focused UPG in rural Malawi that…
NBER Kinh tế Toàn văn
We study age discrimination in a labor market with a job ladder, where worker productivity is revealed over time. Using data from a large Chinese recruitment platform that links job postings, applications, and employer…
NBER Kinh tế Toàn văn
This paper provides evidence of how the beliefs of investors who step out of the market, or “non-marginal” investors, influence asset prices. Using more than two decades of respondent-level investor surveys, we…
NBER Kinh tế Toàn văn
We present a new dynamic model of corporate investment in imperfectly competitive product markets that extends the neoclassical (Q) theory of capital to accommodate heterogeneous, multi-product firms and a rich hedonic…
NBER Kinh tế Toàn văn
Why do we have so many meetings? Few workplace features are so scorned, yet seemingly so necessary. This paper provides the first large-scale economic evidence on workplace meetings using an original survey of more than…
NBER Kinh tế Toàn văn
Automatic stabilizers can respond to a recession without a new policy decision, but their effects on aggregate demand may still only arrive with delay. We study the transmission lag for unemployment insurance extensions…
NBER Kinh tế Toàn văn
Why is war so economically costly? Our answer is that modern war lowers output not only by destroying productive factors, but also by making the surviving economy work less efficiently. Using uniquely comprehensive…
NBER Kinh tế Toàn văn
We study the effects of vast increases in U.S. small business program eligibility standards, which expanded larger firms' access to support for small businesses. Exploiting quasi-random variation in the timing of these…
NBER Kinh tế Toàn văn
How does prior information affect discrete choice? In the seminal rational inattention model of Matějka and McKay (2015), multinomial logit arises from the discrete choice of agents who are uncertain about choice…
NBER Kinh tế Toàn văn
Professionals routinely make consequential decisions for others without systematically observing how those decisions turn out. Whether such decisions reflect accurate forecasting or systematically distorted beliefs has…
NBER Kinh tế Toàn văn
Many empirical investigations of long-run relations are based on cross-section regressions in averaged or long differenced data that effectively have the time dimension of a T × N panel compressed. We analyze a class of…
NBER Kinh tế Toàn văn
Regression discontinuity designs have become one of the most popular research designs in empirical economics. We argue, however, that the widely used approaches to building confidence intervals in regression…
NBER Kinh tế Toàn văn
Government transfers vary along two design dimensions that standard models predict should not matter: whether benefits are paid in cash or kind, and whether they arrive as one-time or recurring payments. We test how…
NBER Kinh tế Toàn văn
We ask whether online job postings capture U.S. job vacancies, matching near-universal Burning Glass (BG) postings to the representative Job Openings and Labor Turnover Survey (JOLTS). BG converged toward JOLTS over…
NBER Kinh tế Toàn văn
Loan rates are usually viewed as prices that shape borrower incentives, but they can also serve another role in a principal-agent problem by determining how informative repayment is about unobservable effort inside the…
NBER Kinh tế Toàn văn
Human actions can alter the climate via land use. We analyze the 1930s Great Plains Shelterbelt, a large-scale forestation program across the US Midwest. The program increased precipitation and decreased temperatures…
Những bài được đánh dấu Toàn văn được đăng lại ở đây theo điều kiện mà nhà xuất bản cho phép, có ghi tên tác giả và dẫn liên kết đến nguyên bản. Các bài còn lại chỉ gồm tiêu đề và một đoạn trích ngắn, liên kết thẳng đến nhà xuất bản. Cách chúng tôi trích dẫn · Nguồn tin của chúng tôi
