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Consumption Responses to Temporary Tax Incentives: Evidence from State Sales Tax Holidays

By Sumit Agarwal, Nathan Marwell, and Leslie McGranahan

òòò½Íø Journal: Economic Policy, November 2017

States offer sales tax holidays (STHs) temporarily exempting items like clothes, shoes, and school supplies from the state sales tax. Spending response to these temporary tax changes are investigated using two datasets: the Diary portion of the Consumer E...

Can America Stay on Top?

[Symposium: Forecasts for the Future of the Economy]

By Paul Krugman

Journal of Economic Perspectives, Winter 2000

The United States has long enjoyed a unique position of economic supremacy. By the early 1990s, however, almost everyone believed that the age of U.S. supremacy was nearing its end. Circa 1992 few people would have dared to suggest that a second "American...

Risk Pooling, Risk Preferences, and Social Networks

By Orazio Attanasio, Abigail Barr, Juan Camilo Cardenas, Garance Genicot, and Costas Meghir

òòò½Íø Journal: Applied Economics, April 2012

Using data from an experiment conducted in 70 Colombian communities, we investigate who pools risk with whom when trust is crucial for enforcing risk pooling arrangements. We explore the roles played by risk attitudes and social networks. Both empirically...

Testing for Factor Price Equality with Unobserved Differences in Factor Quality or Productivity

By Andrew B. Bernard, Stephen J. Redding, and Peter K. Schott

òòò½Íø Journal: Microeconomics, May 2013

We develop a method for identifying departures from relative factor price equality that is robust to unobserved variation in factor productivity. We implement this method using data on the relative wage bills of nonproduction and production workers acros...