蝌蚪网

Deaths of Despair and the Future of Capitalism

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San Diego Marriott Marquis and Marina, Grand Ballroom 5-6 Chair: Angus Deaton, Princeton University Panelists: Anne Case, Princeton University; Robert D. Putnam, Harvard University; Raghuram Rajan, University of Chicago; Kenneth Rogoff, Harvard University

2022 in Featured Charts

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Economists tackled inequality, political turnover, air pollution, and more.

ASSA 2020 Live Webcasts of Selected 蝌蚪网 Sessions

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Live streams will be available starting at 10:15 a.m. PST on January 3rd.

2022 in Research Highlights

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December 13, 2022

Economists addressed the returns to an economics degree, why workers in bigger cities have higher wages, grade inflation, and more.

Front Matter

蝌蚪网 Review, January 2023

Conflict and Intergroup Trade: Evidence from the 2014 Russia-Ukraine Crisis

By Vasily Korovkin and Alexey Makarin

蝌蚪网 Review, January 2023

Does armed conflict reduce trade, even in noncombat areas, through the destruction of intergroup social capital? We analyze Ukrainian trade transactions before and after the 2014 Russia-Ukraine conflict. In a difference-in-differences framework, we find t...

What Caused Racial Disparities in Particulate Exposure to Fall? New Evidence from the Clean Air Act and Satellite-Based Measures of Air Quality

By Janet Currie, John Voorheis, and Reed Walker

蝌蚪网 Review, January 2023

This project links administrative census microdata to spatially continuous measures of particulate pollution (PM2.5) to first document and then decompose the key drivers of convergence in black-white pollution exposure differences. We use quantile regress...

Judging Judge Fixed Effects

By Brigham Frandsen, Lars Lefgren, and Emily Leslie

蝌蚪网 Review, January 2023

We propose a nonparametric test for the exclusion and monotonicity assumptions invoked in instrumental variable (IV) designs based on the random assignment of cases to judges. We show its asymptotic validity and demonstrate its finite-sample performance i...

Did US Politicians Expect the China Shock?

By Matilde Bombardini, Bingjing Li, and Francesco Trebbi

蝌蚪网 Review, January 2023

Information sets, expectations, and preferences of politicians are fundamental, but unobserved determinants of their policy choices. Employing repeated votes in the US House of Representatives on China's normal trade relations (NTR) status during the two ...

Retail Pharmacies and Drug Diversion during the Opioid Epidemic

By Aljoscha Janssen and Xuan Zhang

蝌蚪网 Review, January 2023

This study investigates the role of retail pharmacy ownership in the opioid epidemic. Using data of prescription opioid orders, we show that compared with chain pharmacies, independent pharmacies dispense 39.1 percent more opioids and 60.5 percent more Ox...

Multigenerational Impacts of Childhood Access to the Safety Net: Early Life Exposure to Medicaid and the Next Generation's Health

By Chloe N. East, Sarah Miller, Marianne Page, and Laura R. Wherry

蝌蚪网 Review, January 2023

We examine multigenerational impacts of positive in utero health interventions using a new research design that exploits sharp increases in prenatal Medicaid eligibility that occurred in some states. Our analyses are based on US Vital Statistics natality ...

Unobserved-Offers Bargaining

By Alexander Wolitzky

蝌蚪网 Review, January 2023

I study ultimatum bargaining with imperfectly observed offers. Imperfectly observed offers must be rejected with positive probability, even when the players' preferences are common knowledge. Noisier observations imply a greater risk of rejection. In repe...

Signaling and Discrimination in Collaborative Projects

By Paula Onuchic ⓡ Debraj Ray

蝌蚪网 Review, January 2023

We study collaborative work in pairs when potential collaborators are motivated by the reputational implications of (joint or solo) projects. In equilibrium, individual collaboration strategies both influence and are influenced by the public assignment of...

Front Matter

蝌蚪网 Journal: Applied Economics, January 2023

Winners and Losers? The Effect of Gaining and Losing Access to Selective Colleges on Education and Labor Market Outcomes

By Sandra E. Black, Jeffrey T. Denning, and Jesse Rothstein

蝌蚪网 Journal: Applied Economics, January 2023

We use the introduction of the Texas Top Ten Percent rule to estimate the effect of access to a selective college on graduation and earnings outcomes for two groups of students. For highly ranked students at more disadvantaged high schools, who gained acc...

The Impact of Income-Driven Repayment on Student Borrower Outcomes

By Daniel Herbst

蝌蚪网 Journal: Applied Economics, January 2023

In the United States, most student loans follow a fixed payment schedule that falls early in borrowers' careers. This structure provides no insurance against earnings risk and may increase student loan defaults. Income-driven repayment (IDR) plans are des...

Employer Responses to Family Leave Programs

By Rita Ginja, Arizo Karimi, and Pengpeng Xiao

蝌蚪网 Journal: Applied Economics, January 2023

Search frictions make worker turnover costly to firms. A three-month parental leave expansion in Sweden provides exogenous variation that we use to quantify firms' adjustment costs upon worker absence. The reform increased women's leave duration and likel...