蝌蚪网

Using Taxes to Reduce Carbon Dioxide Emissions Rates of New Passenger Vehicles: Evidence from France, Germany, and Sweden

By Thomas Klier and Joshua Linn

蝌蚪网 Journal: Economic Policy, February 2015

France, Germany, and Sweden link taxes to passenger vehicles' carbon dioxide (CO2) emissions rates. Based on new vehicle registration data from 2005 to 2010, we find that CO2 taxes reduce registrations. The effect is larger in France than in either German...

Contractual and Organizational Structure with Reciprocal Agents

By Florian Englmaier and Stephen Leider

蝌蚪网 Journal: Microeconomics, May 2012

We solve for the optimal contract when agents are reciprocal, demonstrating that generous compensation can substitute for performance-based pay. Our results suggest several factors that make firms more likely to use reciprocal incentives. Reciprocity is ...

The Myth of Immigrant Women as Secondary Workers: Evidence from Canada

By Alícia 础诲蝉别谤脿 and Ana M. Ferrer

蝌蚪网 Review, May 2014

We use the confidential files of the Canadian Census 1991–2006, combined with information from O*NET on the skill requirements of jobs, to show that the labor market patterns of female immigrants do not fit the profile of secondary workers, but rath...

Early Life Health and Cognitive Function in Old Age

By Anne Case and Christina Paxson

蝌蚪网 Review, May 2009

Risk Preferences Are Not Time Preferences: Balancing on a Budget Line: Comment

By Thomas Epper and Helga Fehr-Duda

蝌蚪网 Review, July 2015

In a recent experimental study of intertemporal risky decision making, Andreoni and Sprenger (2012) find that subjects exhibit a preference for intertemporal diversification, which is inconsistent with discounted expected utility theory. It was claimed th...

Bitcoin: Economics, Technology, and Governance

By Rainer 叠枚丑尘别, Nicolas Christin, Benjamin Edelman, and Tyler Moore

Journal of Economic Perspectives, Spring 2015

Bitcoin is an online communication protocol that facilitates the use of a virtual currency, including electronic payments. Bitcoin's rules were designed by engineers with no apparent influence from lawyers or regulators. Bitcoin is built on a transaction ...

Jonathan Levin: 2011 John Bates Clark Medalist

By Liran Einav and Steve Tadelis

Journal of Economic Perspectives, Spring 2012

Jonathan Levin, the 2011 recipient of the 蝌蚪网's John Bates Clark Medal, has established himself as a leader in the fields of industrial organization and microeconomic theory. Jon has made important contributions in many areas: th...

Taxes, Cigarette Consumption, and Smoking Intensity: Comment

By Jason Abrevaya and Laura Puzzello

蝌蚪网 Review, June 2012

This paper re-examines Adda and Cornaglia's (2006) evidence on the compensatory behavior of smokers who, in face of higher taxes, are found to reduce their consumption of cigarettes while maintaining their cotinine—a biomarker for nicotine—lev...

The Effect of Classmate Characteristics on Post-secondary Outcomes: Evidence from the Add Health

By Robert Bifulco, Jason M. Fletcher, and Stephen L. Ross

蝌蚪网 Journal: Economic Policy, February 2011

This paper uses a within-school/across-cohort design to present new evidence of the effects of high school classmate characteristics on a wide range of post-secondary outcomes. We find that increases in the percent of classmates with college-educated moth...

Modest, Secure, and Informed: Successful Development in Conflict Zones

By Eli Berman, Joseph H. Felter, Jacob N. Shapiro, and Erin Troland

蝌蚪网 Review, May 2013

Most interpretations of prevalent counterinsurgency theory imply that increasing government services reduces rebel violence. Empirically, however, development programs and economic activity sometimes increase violence. Using new panel data on development ...

Consumption Smoothing and Frequency of Benefit Payments of Cash Transfer Programs

By Emma Aguila, Arie Kapteyn, and Francisco Perez-Arce

蝌蚪网 Review, May 2017

We analyze two noncontributory Mexican pension programs for the elderly. Both paid similar amounts, but one paid monthly while the other paid every two months. The Life Cycle Hypothesis suggests frequency of benefits payments should not affect consumption...

Bureaucrats or Politicians? Part I: A Single Policy Task

By Alberto Alesina and Guido Tabellini

蝌蚪网 Review, March 2007

This paper investigates the normative criteria that guide the allocation of a policy task to an elected politician versus an independent bureaucrat. The bureaucrat is preferable for technical tasks for which ability is more important than effort, or if ...

Auctions, Actions, and the Failure of Information Aggregation

By Alp E. Atakan and Mehmet Ekmekci

蝌蚪网 Review, July 2014

We study a uniform-price auction where k identical common-value objects are allocated amongst z > k bidders who have imperfect signals about the state of the world. The common valuation is determined jointly by the state and an action that is chosen after...

Can Multistage Production Explain the Home Bias in Trade?

By Kei-Mu Yi

蝌蚪网 Review, March 2010

A large empirical literature finds that there is too little international trade and too much intranational trade to be rationalized by observed international trade costs, such as tariffs and transport costs. This paper investigates whether a model in w...

Who Chooses Annuities? An Experimental Investigation of the Role of Gender, Framing, and Defaults

By Julie R. Agnew, Lisa R. Anderson, Jeffrey R. Gerlach, and Lisa R. Szykman

蝌蚪网 Review, May 2008

The Economics of Lesbian and Gay Families

[Symposium: Household Economics]

By Dan A. Black, Seth G. Sanders, and Lowell J. Taylor

Journal of Economic Perspectives, Spring 2007

In this essay, we provide some statistics about the gay and lesbian population in the United States, and ask if analysis based on economic reasoning can provide insight into the family outcomes we observe. We do not start with a hypothesis of innate diffe...

Assessing the Welfare Effects of Unemployment Benefits Using the Regression Kink Design

By Camille Landais

蝌蚪网 Journal: Economic Policy, November 2015

I show how, in the tradition of the dynamic labor supply literature, one can identify the moral hazard effects and liquidity effects of unemployment insurance (UI) using variations along the time profile of unemployment benefits. I use this strategy to in...

Crisis and Risk Management

By Myron S. Scholes

蝌蚪网 Review, May 2000

Incentives in Principal-Agent Relationships

[Symposium: Organizations and Economics]

By David E. M. Sappington

Journal of Economic Perspectives, Spring 1991

This article identifies some of the major issues that have been examined in the literature on incentives. The article begins by discussing the frictions that lie at the heart of incentive problems. Next, the principal's optimal response to these frictions...

New Approaches to Surveying Organizations

By Nicholas Bloom and John Van Reenen

蝌蚪网 Review, May 2010