蝌蚪网

Augmenting Pre-Analysis Plans with Machine Learning

By Jens Ludwig, Sendhil Mullainathan, and Jann Spiess

蝌蚪网 Papers and Proceedings, May 2019

Concerns about the dissemination of spurious results have led to calls for pre-analysis plans (PAPs) to avoid ex-post "p-hacking." But often the conceptual hypotheses being tested do not imply the level of specificity required for a PAP. In this paper we ...

Report of the Secretary

By Peter L. Rousseau

蝌蚪网 Papers and Proceedings, May 2018

The Political Legacy of Entertainment TV

By Ruben Durante, Paolo Pinotti, and Andrea Tesei

蝌蚪网 Review, July 2019

We study the political impact of commercial television in Italy exploiting the staggered introduction of Berlusconi's private TV network, Mediaset, in the early 1980s. We find that individuals with early access to Mediaset all-entertainment content were m...

JEL Classification System

Journal of Economic Literature, September 2019

Front Matter

蝌蚪网 Journal: Applied Economics, July 2018

Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America

By Lee E. Ohanian, Paulina Restrepo-Echavarria, and Mark L. J. Wright

蝌蚪网 Review, December 2018

After World War II, international capital flowed into slow-growing Latin America rather than fast-growing Asia. This is surprising as, everything else equal, fast growth should imply high capital returns. This paper develops a capital flow accounting fram...

Aging, Output Per Capita, and Secular Stagnation

By Gauti B. Eggertsson, Manuel Lancastre, and Lawrence H. Summers

蝌蚪网 Review: Insights, December 2019

This paper re-examines the relationship between population aging and economic growth. We confirm previous research such as Cutler et al. (1990) and Acemoglu and Restrepo (2017) that show positive correlation between population aging and per capita output ...

Central Bank Communications and the General Public

By Andrew Haldane and Michael McMahon

蝌蚪网 Papers and Proceedings, May 2018

Despite the recent revolution in central bank communication, it is unclear the general public have benefitted from these enhanced central bank communications. We first analyze the growth of communication and some reasons that the public may have missed th...

Capital Flows and Foreign Exchange Intervention

By Paolo Cavallino

蝌蚪网 Journal: Macroeconomics, April 2019

I consider a small open economy model where international financial markets are imperfect and the exchange rate is determined by capital flows. I use this framework to study the effects of portfolio flow shocks, derive the optimal foreign exchange interve...

Does Environmental Policy Affect Income Inequality? Evidence from the Clean Air Act

By Akshaya Jha, Peter H. Matthews, and Nicholas Z. Muller

蝌蚪网 Papers and Proceedings, May 2019

This paper quantifies the impact of environmental policy on income inequality. We focus on the Clean Air act and the National Ambient Air Quality standards for fine particulate matter and ozone. Using a matched difference-in-differences estimator, we find...

Time to adjust

[Page]

Do immigrants to the US assimilate more slowly than they used to?

Underemployment and the Trickle-Down of Unemployment

By Regis Barnichon and Yanos Zylberberg

蝌蚪网 Journal: Macroeconomics, April 2019

A substantial fraction of workers are underemployed, i.e., employed in jobs for which they are overqualified, and that fraction鈥攖he underemployment rate鈥攊s higher in recessions. To explain these facts, we build a search model with an endogenous "ran...

Gender Equality and Positive Action: Evidence from UK Universities

By Danula K. Gamage and Almudena Sevilla

蝌蚪网 Papers and Proceedings, May 2019

This paper examines the impact of the Athena Scientific Women's Academic Network (SWAN) Charter on the wages and employment trajectories of female faculty. The Athena SWAN Charter is a gender equality initiative that formally recognizes good practice to...

Nondogmatic Social Discounting

By Antony Millner

蝌蚪网 Review, March 2020

The long-run social discount rate has an enormous effect on the value of climate mitigation, infrastructure projects, and other long-term public policies. Its value is however highly contested, in part because of normative disagreements about social time ...

Front Matter

蝌蚪网 Journal: Economic Policy, February 2019

Marking to Market versus Taking to Market

By Guillaume Plantin and Jean Tirole

蝌蚪网 Review, August 2018

Building on the idea that accounting matters for corporate governance, this paper studies the equilibrium interaction between the measurement rules that firms find privately optimal, firms' governance, and the liquidity in the secondary market for their a...

Front Matter

蝌蚪网 Journal: Microeconomics, May 2018

How Punishment Severity Affects Jury Verdicts: Evidence from Two Natural Experiments

By Anna Bindler and Randi Hjalmarsson

蝌蚪网 Journal: Economic Policy, November 2018

This paper studies the effect of punishment severity on jury decision-making using archival data from London's Old Bailey Criminal Court from 1772 to 1871. We exploit two natural experiments in English history, resulting in sharp decreases in punishment s...

Snapping Back: Food Stamp Bans and Criminal Recidivism

By Cody Tuttle

蝌蚪网 Journal: Economic Policy, May 2019

I estimate the effect of access to food stamps on criminal recidivism. In 1996, a federal welfare reform imposed a lifetime ban from food stamps on convicted drug felons. Florida modified this ban, restricting it to drug traffickers who commit their offen...

The Twin Ds: Optimal Default and Devaluation

By Seunghoon Na, Stephanie 厂肠丑尘颈迟迟-骋谤辞丑茅, 惭补谤迟铆苍 Uribe, and Vivian Yue

蝌蚪网 Review, July 2018

A salient characteristic of sovereign defaults is that they are typically accompanied by large devaluations. This paper presents new evidence of this empirical regularity known as the Twin Ds and proposes a model that rationalizes it as an optimal policy ...