Ethnic Differences in Demographic Behavior in the United States: What Can We...
This paper looks at the fertility and mortality experience of racial and ethnic groups in the United States from the early 20th century to the present. The first part consist of a description and...
View ArticleWeighting for External Validity -- by Isaiah Andrews, Emily Oster
External validity is a fundamental challenge in treatment effect estimation. Even when researchers credibly identify average treatment effects - for example through randomized experiments - the results...
View ArticleTwo Great Trade Collapses: The Interwar Period & Great Recession Compared...
In this paper, I offer some preliminary comparisons between the trade collapses of the Great Depression and Great Recession. The commodity composition of the two trade collapses was quite similar, but...
View ArticleAllocating Effort and Talent in Professional Labor Markets -- by Gadi...
In many professional service firms, new associates work long hours while competing in up-or-out promotion contests. Our model explores why these firms require young professionals to take on heavy...
View ArticleHow Segregated is Urban Consumption? -- by Donald R. Davis, Jonathan I....
We provide measures of ethnic and racial segregation in urban consumption. Using Yelp reviews, we estimate how spatial and social frictions influence restaurant visits within New York City. Transit...
View ArticleMarch Madness: NCAA Tournament Participation and College Alcohol Use -- by...
We examine the impact of the NCAA Men's Basketball Tournament on college students' drinking behavior using a nationally representative sample of American institutions. While success in intercollegiate...
View ArticleSmoking, Health Capital, and Longevity: Evaluation of Personalized Cessation...
Cigarette smoking leads to large healthcare and morbidity costs, and mortality losses, and smoking cessation plays a key role in reducing health risk and economic costs. While medical evidence suggests...
View ArticleRural-Urban Migration, Structural Transformation, and Housing Markets in...
This paper explores the contribution of the structural transformation and urbanization process to China's housing-market boom. Rural to urban migration together with regulated land supplies and...
View ArticleThe U.S. Shale Oil Boom, the Oil Export Ban, and the Economy: A General...
This paper examines the effects of the U.S. shale oil boom in a two-country DSGE model where countries produce crude oil, refined oil products, and a non-oil good. The model incorporates different...
View ArticleSignaling to Experts -- by Pablo Kurlat, Florian Scheuer
We study competitive equilibrium in a signaling economy with heterogeneously informed buyers. In terms of the classic Spence (1973) model of job market signaling, firms have access to direct but...
View ArticleIs There Still Son Preference in the United States? -- by Francine D. Blau,...
In this paper, we use 2008-2013 American Community Survey data to update and further probe Dahl and Moretti's (2008) son preference results, which found evidence that having a female first child...
View ArticleSearch Engines and Data Retention: Implications for Privacy and Antitrust --...
This paper investigates whether larger quantities of historical data affect a firm's ability to maintain market share in Internet search. We study whether the length of time that search engines...
View ArticleMis-classified, Binary, Endogenous Regressors: Identification and Inference...
This paper studies identification and inference for the effect of a mis-classified, binary, endogenous regressor when a discrete-valued instrumental variable is available. We begin by showing that the...
View ArticleRacial Segregation and Southern Lynching -- by Lisa D. Cook, Trevon D. Logan,...
The literature on ethnic fractionalization and conflict has not been extended to the American past. In particular, the empirical relationship between racial residential segregation and lynching is...
View ArticleChanges in Corporate Governance and Top Executive Turnover: The Evidence from...
We examine the turnover of top executives in Japanese firms throughout the period from 1990 to 2013. During this time, the presence of a main bank has been weakened, the ownership of institutional...
View ArticleComplementary Bias: A Model of Two-Sided Statistical Discrimination -- by...
We introduce a model of two-sided statistical discrimination in which worker and firm beliefs are complementary. Firms try to infer whether workers have made investments required for them to be...
View ArticleMulti-generational Impacts of Childhood Access to the Safety Net: Early Life...
We examine multi-generational impacts of positive in utero and early life health interventions. We focus on the 1980s Medicaid expansions, which targeted low-income pregnant women, and were adopted...
View ArticleAnomalies Abroad: Beyond Data Mining -- by Xiaomeng Lu, Robert F. Stambaugh,...
A pre-specified set of nine prominent U.S. equity return anomalies produce significant alphas in Canada, France, Germany, Japan, and the U.K. All of the anomalies are consistently significant across...
View ArticleNetwork-Mediated Knowledge Spillovers: A Cross-Country Comparative Analysis...
A large and growing literature has used patent and patent citation data to measure knowledge spillovers across inventions and organizations, but relatively few papers in this literature have explicitly...
View ArticleWater, Health and Wealth -- by Nava Ashraf, Edward Glaeser, Abraham Holland,...
Providing clean water requires maintenance, as well as the initial connections that are typically measured. Frequently, the water supply fails in the developing world, especially when users don't pay...
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