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Wind of Change? Cultural Determinants of Maternal Labor Supply

By Barbara Boelmann, Anna Raute, and Uta ³§³¦³óö²Ô²ú±ð°ù²µ

òòò½Íø Journal: Applied Economics, April 2025

We investigate the role of cultural norms in shaping women's labor supply decisions after childbirth. Specifically, we are interested in the interplay between childhood socialization and adulthood environment. To that end, we leverage the setting of the G...

Sustainable Poverty Reduction through Social Assistance: Modality, Context, and Complementary Programming in Bangladesh

By Akhter Ahmed, Melissa Hidrobo, John Hoddinott, Bastien Kolt, Shalini Roy, and Salauddin Tauseef

òòò½Íø Journal: Applied Economics, April 2025

Social assistance programs can increase consumption and reduce poverty, but less is known about whether these impacts are sustained after programs end or how design and context influence sustainability. Using data collected in two regions of Bangladesh fo...

Childcare, Labor Supply, and Business Development: Experimental Evidence from Uganda

By Kjetil Bjorvatn, Denise Ferris, Selim Gulesci, Arne Nasgowitz, Vincent Somville, and Lore Vandewalle

òòò½Íø Journal: Applied Economics, April 2025

We randomly offered a childcare subsidy, an equivalent cash grant, or both to mothers of three-to-five-year-old children. The childcare subsidy substantially increased the labor supply and earnings of single mothers, highlighting the importance of time co...

The Long-Term Effects of Career Guidance in High School and Student Financial Aid: Evidence from a Randomized Experiment

By Laetitia ¸é±ð²Ôé±ð

òòò½Íø Journal: Applied Economics, April 2025

This paper studies the effects of a randomized control trial in which Canadian high school students were randomly invited to participate in a career guidance program during high school and/or made eligible for extra financial aid conditional on college en...

The High and Falling Price of Cement in Africa

By Fabrizio Leone, Rocco Macchiavello, and Tristan Reed

òòò½Íø Journal: Applied Economics, April 2025

Prices for several intermediate inputs, including cement, are higher in developing economies—particularly in Africa. Combining recent data from the International Comparison Program with a global directory of cement firms, we estimate an industry equilib...

Min(d)ing the President: A Text Analytic Approach to Measuring Tax News

By Lenard Lieb, Adam Jassem, Rui Jorge Almeida, Nalan µþ²¹ÅŸ³Ùü°ù°ì, and Stephan Smeekes

òòò½Íø Journal: Macroeconomics, April 2025

Economic agents react to signals about future tax policy changes. Consequently, estimating their macroeconomic effects requires identification of such signals. We propose a novel text analytic approach for transforming textual information into an economic...

Terms-of-Trade Shocks Are Not All Alike

By Federico Di Pace, Luciana Juvenal, and Ivan Petrella

òòò½Íø Journal: Macroeconomics, April 2025

Terms of trade are an inaccurate empirical proxy for how fluctuations in international prices affect the economy. To capture the relevance of terms-of-trade fluctuations for the domestic business cycle, the role of export and import prices needs to be ana...

A Unified Model of Learning to Forecast

By George W. Evans, Christopher G. Gibbs, and Bruce McGough

òòò½Íø Journal: Macroeconomics, April 2025

We propose a model of boundedly rational and heterogeneous expectations that unifies adaptive learning, k-level reasoning, and replicator dynamics. Level-0 forecasts evolve over time via adaptive learning. Agents revise over time their depth of reasoning ...