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Charging Ahead: Prepaid Metering, Electricity Use, and Utility Revenue

By Kelsey Jack and Grant Smith

蝌蚪网 Journal: Applied Economics, April 2020

Monthly bills for services such as electricity often go unpaid in developing countries. Prepaid meters offer a potential technological solution. In Cape Town, South Africa, over 4,000 residential customers on monthly billing were switched to prepaid meter...

Is Populism Necessarily Bad Economics?

By Dani Rodrik

蝌蚪网 Papers and Proceedings, May 2018

I distinguish between political and economic populism. Both are averse to agencies of restraint, or, equivalently, delegation to technocrats or external rules. In the economic domain, delegation to independent agencies (domestic or foreign) occurs in two ...

Optimal Taxation with Behavioral Agents

By Emmanuel Farhi and Xavier Gabaix

蝌蚪网 Review, January 2020

This paper develops a theory of optimal taxation with behavioral agents. We use a general framework that encompasses a wide range of biases such as misperceptions and internalities. We revisit the three pillars of optimal taxation: Ramsey (linear commodit...

蝌蚪网STAT: 2020 Annual Meeting

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Sessions for 蝌蚪网 Committee on Economic Statistics, 2020 ASSA meetings

Discrimination in Ambient Air Pollution Monitoring?

By Corbett Grainger and Andrew Schreiber

蝌蚪网 Papers and Proceedings, May 2019

In the United States, ambient air quality is regulated through National Ambient Air Quality standards (NAAQS). Enforcement of these standards is delegated to state and sub-state regulators who are also tasked with designing their own monitoring networks f...

Economics of the Pharmaceutical Industry

By Darius N. Lakdawalla

Journal of Economic Literature, June 2018

The pharmaceutical industry accounts for a substantial chunk of the US economy's research and development investments, which have resulted in significant medical breakthroughs. At the same time, the costs of pharmaceutical products continue to rise, as do...

Changing Family Attitudes to Promote Female Employment

By Joshua T. Dean and Seema Jayachandran

蝌蚪网 Papers and Proceedings, May 2019

India's female employment rate is one of the lowest in the world. One approach to expanding female employment is to make young women's family members more supportive of them working. We report on the effects of two interventions aimed at increasing family...

Family Ruptures, Stress, and the Mental Health of the Next Generation

By Petra Persson and Maya Rossin-Slater

蝌蚪网 Review, April 2018

This paper studies how in utero exposure to maternal stress from family ruptures affects later mental health. We find that prenatal exposure to the death of a maternal relative increases take-up of ADHD medications during childhood and anti-anxiety and de...

Labor Market Uncertainty and Portfolio Choice Puzzles

By Yongsung Chang, Jay H. Hong, and Marios Karabarbounis

蝌蚪网 Journal: Macroeconomics, April 2018

The standard life-cycle models of household portfolio choice have difficulty generating a realistic age profile of risky share. These models not only imply a high risky share on average but also a steeply decreasing age profile, whereas the risky share is...

The Invisible Hand of the Government: Moral Suasion during the European Sovereign Debt Crisis

By Steven Ongena, Alexander Popov, and Neeltje Van Horen

蝌蚪网 Journal: Macroeconomics, October 2019

Using proprietary data on banks' monthly securities holdings, we show that during the European sovereign debt crisis, domestic banks in fiscally stressed countries were considerably more likely than foreign banks to increase their holdings of domestic sov...

Partners or Strangers? Cooperation, Monetary Trade, and the Choice of Scale of Interaction

By Maria Bigoni, Gabriele Camera, and Marco Casari

蝌蚪网 Journal: Microeconomics, May 2019

We show that monetary exchange facilitates the transition from small to large-scale economic interactions. In an experiment, subjects chose to play an "intertemporal cooperation game" either in partnerships or in groups of strangers where payoffs could be...

Industry Dynamics of Offshoring: The Case of Hard Disk Drives

By Mitsuru Igami

蝌蚪网 Journal: Microeconomics, February 2018

This paper uncovers a novel pattern of offshoring dynamics in a high-tech industry, and proposes a structural model to explain it. Specifically, the hard disk drive industry (1976-1998) witnessed massive waves of entry, exit, and the relocation of manufac...

Studying the (Economic) Consequences of Populism

By 颁谤颈蝉迟贸产补濒 Kaltwasser

蝌蚪网 Papers and Proceedings, May 2018

Pundits and academics alike are increasingly interested in populism. This is a welcome development, since not long ago research on populism was relegated to the margins of the social sciences. Among those who are starting to undertake comparative research...

Intergenerational Effects of Incarceration

By Manudeep Bhuller, Gordon B. Dahl, Katrine V. Loken, and Magne Mogstad

蝌蚪网 Papers and Proceedings, May 2018

An often overlooked population in discussions of prison reform is the children of inmates. How a child is affected depends both on what incarceration does to their parent and what they learn from their parent's experience. To overcome endogeneity concerns...

Laboratories of Democracy: Policy Experimentation under Decentralization

By Chen Cheng and Christopher Li

蝌蚪网 Journal: Microeconomics, August 2019

We develop a model of policy experimentation in which the policy decisions of local and national politicians are driven by career concerns. When politicians' payoffs are convex in their reputation and policymaking is opaque, local politicians experiment b...

Paying to Avoid Recession: Using Reenlistment to Estimate the Cost of Unemployment

By Mark Borgschulte and Paco Martorell

蝌蚪网 Journal: Applied Economics, July 2018

This paper provides revealed-preference estimates of the monetary value to workers of a lower unemployment rate at the time of job separation. By examining the decision between reenlisting and exiting the military, we find that service members would sacri...

Moral Suasion and Economic Incentives: Field Experimental Evidence from Energy Demand

By Koichiro Ito, Takanori Ida, and Makoto Tanaka

蝌蚪网 Journal: Economic Policy, February 2018

Firms and governments often use moral suasion and economic incentives to influence intrinsic and extrinsic motivations for economic activities. To investigate persistence of such interventions, we randomly assign households to moral suasion and dynamic pr...

蝌蚪网 Member Announcements: Submission deadlines for 蝌蚪网 2021 meetings approaching; new links to online resources and research seminars

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March 26, 2020

View member announcements from March 27, 2020.

Agreeing to disagree

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March 26, 2020

Why can鈥檛 professional forecasters come to a consensus even with the same information?

Report: Committee on the Status of Women in the Economics Profession (CSWEP)

By Shelly Lundberg

蝌蚪网 Papers and Proceedings, May 2018