蝌蚪网

Guaranteed Trouble: The Economic Effects of the Pension Benefit Guaranty Corporation

By Jeffrey R. Brown

Journal of Economic Perspectives, Winter 2008

How did the Pension Benefit Guaranty Corporation, a government corporation created to insure the pensions of workers and retirees in bankrupt firms, end up facing financial distress of its own? How did an organization designed to strengthen retirement sec...

On the Salience of Ethnic Conflict

By Joan Esteban and Debraj Ray

蝌蚪网 Review, December 2008

A classical theme in social analysis views economic class divisions as the main cause of social conflict. Yet many, if not most of the conflicts we observe today appear to be ethnic in nature. It appears that the "vertical" nature of class divisions is of...

American and European Economics and Economists

By Bruno S. Frey and Reiner Eichenberger

Journal of Economic Perspectives, Fall 1993

America and Europe differ with regard to what economics is understood to be, how it is practiced, and how professional academic economists behave. Specifically, 1) American (U.S. and Canadian) economists contribute by far the largest share of journal publ...

Testing Models of Consumer Search Using Data on Web Browsing and Purchasing Behavior

By Babur De Los Santos, Ali 贬辞谤迟补莽蝉耻, and Matthijs R. Wildenbeest

蝌蚪网 Review, October 2012

Using a large dataset on web browsing and purchasing behavior we test to what extent consumers are searching in accordance to various search models. We find that the benchmark model of sequential search with a known price distribution can be rejected base...

Accounting for Employee Stock Options

By Wayne Guay, S. P. Kothari, and Richard Sloan

蝌蚪网 Review, May 2003

Household Bargaining and Excess Fertility: An Experimental Study in Zambia

By Nava Ashraf, Erica Field, and Jean Lee

蝌蚪网 Review, July 2014

We posit that household decision-making over fertility is characterized by moral hazard since most contraception can only be perfectly observed by the woman. Using an experiment in Zambia that varied whether women were given access to contraceptives alone...

Doing Good or Doing Well? Image Motivation and Monetary Incentives in Behaving Prosocially

By Dan Ariely, Anat Bracha, and Stephan Meier

蝌蚪网 Review, March 2009

This paper experimentally examines image motivation--the desire to be liked and well regarded by others--as a driver in prosocial behavior (doing good), and asks whether extrinsic monetary incentives (doing well) have a detrimental effect on prosocial beh...

One Mandarin Benefits the Whole Clan: Hometown Favoritism in an Authoritarian Regime

By Quoc-Anh Do, Kieu-Trang Nguyen, and Anh N. Tran

蝌蚪网 Journal: Applied Economics, October 2017

We study patronage politics in authoritarian Vietnam, using an exhaustive panel of ranking officials from 2000 to 2010 to estimate their promotions' impact on infrastructure in their hometowns of patrilineal ancestry. Native officials' promotions lead to ...

Propensity-Score Matching with Instrumental Variables

By Hidehiko Ichimura and Christopher Taber

蝌蚪网 Review, May 2001

The New Deal, Race, and Home Ownership in the 1920s and 1930s

By Trevor M. Kollmann and Price V. Fishback

蝌蚪网 Review, May 2011

Many federal government housing policies began during the New Deal of the 1930s. Many claim that minorities benefited less from these policies than whites. We estimate the relationships between policies in the 1920s and 1930s and black and white home owne...

Credit Ratings Accuracy and Analyst Incentives

By Heski Bar-Isaac and Joel Shapiro

蝌蚪网 Review, May 2011

The financial crisis has brought a new focus on the accuracy of credit rating agencies (CRAs). In this paper, we highlight the incentives of analysts at the CRAs to provide accurate ratings. We construct a model in which analysts initially work at a CRA a...

Transferability of Skills across Sectors and Heterogeneous Displacement Costs

By Moises Yi, Steffen Mueller, and Jens Stegmaier

蝌蚪网 Review, May 2017

We use rich German administrative data to estimate new measures of skill transferability between manufacturing and other sectors. These measures capture the value of workers' human capital when applied in different sectors and are directly related to work...

International Migration and Gender Discrimination among Children Left Behind

By Francisca M. Antman

蝌蚪网 Review, May 2011

This paper considers how international migration of the head of household affects the allocation of resources toward boys relative to girls within households remaining in the home country. I address the endogeneity of migration with a differences-in-diffe...

Aggregate Short Interest and Market Valuations

By Owen A. Lamont and Jeremy C. Stein

蝌蚪网 Review, May 2004

Contracts for Agents with Biased Beliefs: Some Theory and an Experiment

By Anja Sautmann

蝌蚪网 Journal: Microeconomics, August 2013

This paper experimentally tests the predictions of a principal-agent model in which the agent has biased beliefs about his ability. Overconfident workers are found to earn lower wages than underconfident ones because they overestimate their expected pa...

The Stories We Tell: A Reconsideration of AS/AD Analysis

By David Colander

Journal of Economic Perspectives, Summer 1995

This paper explains that the AS/AD model as currently presented in the tests is seriously flawed. It does not fulfill the minimum requirement of a model: logical consistency. Its component parts are derived from models that reflect different, and inconsis...

Voluntary Compliance, Pollution Levels, and Infant Mortality in Mexico

By Andrew Foster, Emilio Gutierrez, and Naresh Kumar

蝌蚪网 Review, May 2009

Using Field Experiments to Test Equivalence between Auction Formats: Magic on the Internet

By David Lucking-Reiley

蝌蚪网 Review, December 1999

William Vickrey's predicted equivalences between first-price sealed-bid and Dutch auctions, and between second-price sealed-bid and English auctions, are tested using field experiments that auctioned off collectible trading cards over the Internet. The re...

Social Organizations, Violence, and Modern Growth

By Avner Greif and Murat Iyigun

蝌蚪网 Review, May 2013

Social institutions were often founded by the elite to avoid social upheavals. Institutions helped mitigate the threat of violent social responses to labor-saving innovations. But their organizational forms were influenced by preexisting cultural and soci...

Aid, Policies, and Growth: Comment

By William Easterly, Ross Levine, and David Roodman

蝌蚪网 Review, June 2004