The Review of Economics and Statistics
Papers 5756
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Published on Aug 21, 2019in The Review of Economics and Statistics3.64
Damon Clark3
Estimated H-index: 3
(UCI: University of California, Irvine),
David Gill12
Estimated H-index: 12
(Purdue University)
+ 1 AuthorsMark Rush15
Estimated H-index: 15
(UF: University of Florida)
Will college students who set goals work harder and perform better? We report two field experiments that involved four thousand college students. One experiment asked treated students to set goals ...
Published on Dec 1, 2016
Brent Bundick4
Estimated H-index: 4
(Federal Reserve System),
Andrew Lee Smith1
Estimated H-index: 1
(Federal Reserve System)
We examine the macroeconomic effects of forward guidance shocks at the zero lower bound. Empirically, we identify forward guidance shocks using a two-step procedure, which embeds high-frequency futures contracts in a structural vector autoregression. An exogenous extension of the zero lower bound duration increases economic activity and prices. We show that a standard model of nominal price rigidity largely replicates these empirical results. To calibrate our theoretical model, we generate a mod...
Published on Jan 1, 2018
William W. Olney6
Estimated H-index: 6
(Williams College),
Dario Pozzoli10
Estimated H-index: 10
This paper studies the relationship between immigration and offshoring by examining whether an influx of foreign workers reduces the need for firms to relocate jobs abroad. We exploit a Danish quasi-natural experiment in which immigrants were randomly allocated to municipalities using a refugee dispersal policy and we use the Danish employer-employee matched data set covering the universe of workers and firms over the period 1995-2011. Our findings show that an exogenous influx of immigrants int...
Published on Aug 21, 2019in The Review of Economics and Statistics3.64
Grace Weishi Gu1
Estimated H-index: 1
(UCSC: University of California, Santa Cruz),
Eswar S. Prasad47
Estimated H-index: 47
(Brookings Institution),
Thomas Moehrle (Bureau of Labor Statistics)
We provide new evidence on the cyclicality of employers' real labor costs using BLS establishment-job data for 1982-2018. Average straight-time wages have become countercyclical since the financial...
Published on Jan 1, 2017
This paper estimates the effect of social connectedness on crime across U.S. cities from 1960- 2009. Migration networks among African Americans from the South generated variation across destinations in the concentration of migrants from the same birth town. Using this novel source of variation, we find that social connectedness considerably reduces murders, robberies, assaults, burglaries, larcenies, and motor vehicle thefts, with a one standard deviation increase in social connectedness reducin...
Published on Jan 1, 2017
David Powell10
Estimated H-index: 10
(AN: RAND Corporation)
I propose a method to estimate quantile treatment effects in the presence of covariates. This paper introduces a framework and an estimator, Generalized Quantile Regression (GQR), for the estimation of treatment effects without requiring inclusion of the covariates in the structural quantile function. The covariates are used to jointly estimate the conditional probability that the outcome is less than the quantile function. The framework includes simultaneous equations models with nonadditive di...
Published on Aug 21, 2019in The Review of Economics and Statistics3.64
Hyuncheol Bryant Kim2
Estimated H-index: 2
(Cornell University),
Seonghoon Kim3
Estimated H-index: 3
(Singapore Management University),
Thomas T. Kim (OSU: Ohio State University)
We study how career and wage incentives affect labor productivity through self-selection and incentive effect channels using a two-stage field experiment in Malawi. First, recent secondary school g...
Published on Aug 21, 2019in The Review of Economics and Statistics3.64
Nathaniel Baum-Snow14
Estimated H-index: 14
(U of T: University of Toronto)
Each new radial highway serving large US metro areas decentralized 14-16% of central city working residents and 4-6% of jobs in the 1960-2000 period. Model calibrations yield implied elasticities o...
Published on Jan 1, 2018
Johannes C. Buggle , Steven Nafziger5
Estimated H-index: 5
This paper examines the long-run economic consequences of Russian serfdom. Employing data on the intensity of labor coercion at the district level in just prior to emancipation in 1861, we document that a greater legacy of serfdom is associated with lower economic well-being today. Our estimates imply that increasing historical serfdom by 25 percentage points reduces household expenditure today by up to 17%. The analysis of different types of labor coercion reveals substantial heterogeneity in t...