Related news
-
![]()
Ten Facts on Declining Business Dynamism and Lessons from Endogenous Growth Theory -- by Ufuk Akcigit, Sina T. Ates
Published: 16/04/2019In this paper, we review the literature on declining business dynamism and its implications in the United States and propose a unifying theory to analyze the symptoms and the potential causes of this ... Read moreSource: papers.nber.org -
-
![]()
What Happened to U.S. Business Dynamism? -- by Ufuk Akcigit, Sina T. Ates
Published: 16/04/2019In the past several decades, the U.S. economy has witnessed a number of striking trends that indicate a rising market concentration and a slowdown in business dynamism. In this paper, we make an attem ... Read moreSource: papers.nber.org -
![]()
The Impact of Parental Involvement Laws on Minor Abortion -- by Theodore J. Joyce, Robert Kaestner, Jason Ward
Published: 16/04/2019In this article, we conduct a comprehensive analysis of the effect of parental involvement (PI) laws on the incidence of abortions to minors across a span of nearly three decades. We contribute to the ... Read moreSource: papers.nber.org
-
![]()
Combining Administrative and Survey Data to Improve Income Measurement -- by Bruce D. Meyer, Nikolas Mittag
Published: 16/04/2019We describe methods of combining administrative and survey data to improve the measurement of income. We begin by decomposing the total survey error in the mean of survey reports of dollars received f ... Read moreSource: papers.nber.org -
![]()
Taxation and Migration: Evidence and Policy Implications -- by Henrik Kleven, Camille Landais, Mathilde Muñoz, Stefanie Stantcheva
Published: 16/04/2019In this article, we review a growing empirical literature on the effects of personal taxation on the geographic mobility of people and discuss its policy implications. We start by laying out the empir ... Read moreSource: papers.nber.org -
![]()
Trade, Technology, and the Great Divergence -- by Kevin Hjortshøj O'Rourke, Ahmed Rahman, Alan M. Taylor
Published: 16/04/2019Why did per capita income divergence occur so dramatically during the 19th Century, rather than at the outset of the Industrial Revolution? How were some countries able to reverse this trend during th ... Read moreSource: papers.nber.org
-
![]()
In-Text Patent Citations: A User’s Guide -- by Kevin A. Bryan, Yasin Ozcan, Bhaven N. Sampat
Published: 16/04/2019We introduce, validate, and provide a public database of a new measure of the knowledge inventors draw on: scientific references in patent specifications. These references are common and algorithmical ... Read moreSource: papers.nber.org -
![]()
Some International Evidence for Keynesian Economics without the Phillips Curve -- by Roger Farmer, Giovanni Nicolò
Published: 16/04/2019Farmer and Nicolò (2018) show that the Farmer Monetary (FM)-Model outperforms the three-equation New-Keynesian (NK)-model in post-war U.S. data. In this paper, we compare the marginal data density of ... Read moreSource: papers.nber.org -
![]()
Five Facts About Beliefs and Portfolios -- by Stefano Giglio, Matteo Maggiori, Johannes Stroebel, Stephen Utkus
Published: 16/04/2019We administer a newly-designed survey to a large panel of retail investors who have substantial wealth invested in financial markets. The survey elicits beliefs that are crucial for macroeconomics and ... Read moreSource: papers.nber.org
-
![]()
Tax Professionals: Tax-Evasion Facilitators or Information Hubs? -- by Marco Battaglini, Luigi Guiso, Chiara Lacava, Eleonora Patacchini
Published: 16/04/2019To study the role of tax professionals, we merge tax records of 2.5 million taxpayers in Italy with the respective audit files from the tax revenue agency. Our data covers the entire population of sol ... Read moreSource: papers.nber.org -
![]()
Dishonest Behavior: Sin Big or Go Home -- by Jason A. Aimone, Brittany Ward, James E. West
Published: 16/04/2019Economic agents face many different types of economic incentives when making financial and moral decisions. We provide experimental data from a population that uniquely responds to incentives to lie c ... Read moreSource: papers.nber.org -
![]()
Reflexivity in Credit Markets -- by Robin Greenwood, Samuel G. Hanson, Lawrence J. Jin
Published: 16/04/2019Reflexivity is the idea that investors' biased beliefs affect market outcomes, and that market outcomes in turn affect investors' beliefs. We develop a behavioral model of the credit cycle featuring s ... Read moreSource: papers.nber.org
-
![]()
Why is Productivity Correlated with Competition? -- by Matthew Backus
Published: 16/04/2019The correlation between productivity and competition is an oft–observed but ill–understood result. Some suggest that there is a treatment effect of competition on measured productivity, e.g. through a ... Read moreSource: papers.nber.org -
![]()
Job Displacement Insurance and (the Lack of) Consumption-Smoothing -- by François Gerard, Joana Naritomi
Published: 16/04/2019The most common forms of government-mandated job displacement insurance are Severance Pay (SP; lump-sum payments at layoff) and Unemployment Insurance (UI; periodic payments contingent on nonemploymen ... Read moreSource: papers.nber.org -
![]()
Can the Market Multiply and Divide? Non-Proportional Thinking in Financial Markets -- by Kelly Shue, Richard R. Townsend
Published: 16/04/2019Nominal stock prices are arbitrary. Therefore, when evaluating how a piece of news should affect the price of a stock, rational investors should think in percentage rather than dollar terms. However, ... Read moreSource: papers.nber.org
-
![]()
Censorship, Family Planning, and the Historical Fertility Transition -- by Brian Beach, W. Walker Hanlon
Published: 16/04/2019The historical fertility transition is one of the most important events in economic history. This study provides new evidence on the role of information and social norms in this transition. We begin b ... Read moreSource: papers.nber.org -
![]()
The Returns to Early-life Interventions for Very Low Birth Weight Children -- by Eric Chyn, Samantha Gold, Justine S. Hastings
Published: 16/04/2019We use comprehensive administrative data from Rhode Island to measure the impact of early-life interventions for low birth weight newborns on later-life outcomes. We use a regression discontinuity des ... Read moreSource: papers.nber.org -
![]()
A Forensic Examination of China's National Accounts -- by Wei Chen, Xilu Chen, Chang-Tai Hsieh, Zheng Song
Published: 16/04/2019China’s national accounts are based on data collected by local governments. However, since local governments are rewarded for meeting growth and investment targets, they have an incentive to skew loca ... Read moreSource: papers.nber.org
-
![]()
Intergenerational Mobility between and within Canada and the United States -- by Marie Connolly, Miles Corak, Catherine Haeck
Published: 16/04/2019Intergenerational income mobility is lower in the United States than in Canada, but varies significantly within each country. Our sub-national analysis finds that the national border only partially di ... Read moreSource: papers.nber.org -
![]()
Does Class Size Matter? How, and at What Cost? -- by Desire Kedagni, Kala Krishna, Rigissa Megalokonomou, Yingyan Zhao
Published: 16/04/2019Using high quality administrative data on Greece we show that class size has a hump shaped effect on achievement. We do so both nonparametrically and parametrically, while controlling for potential en ... Read moreSource: papers.nber.org -
![]()
An Empirical Total Survey Error Decomposition Using Data Combination -- by Bruce D. Meyer, Nikolas Mittag
Published: 16/04/2019Survey error is known to be pervasive and to bias even simple, but important estimates of means, rates, and totals, such as the poverty and the unemployment rate. To summarize and analyze the extent, ... Read moreSource: papers.nber.org
Latest in blog
-
![]()
Review: Best Cleaners for Mac
Published: 2/05/2017
Related Hashtags
Most read
FACEBOOK