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Showing 2,401-2,420 of 13,860 items.

Efficiency, Justified Envy, and Incentives in Priority-Based Matching

By Atila Abdulkadiroğlu, Yeon-Koo Che, Parag A. Pathak, Alvin E. Roth, and Olivier Tercieux

American Economic Review: Insights, December 2020

Top trading cycles (TTC ) is Pareto efficient and strategy-proof in priority-based matching, but so are other mechanisms including serial dictatorship. We show that TTC minimizes justified envy among all Pareto-efficient and strategy-proof mechanisms in o...

www.aeaweb.org/articles?id=10.1257/aeri.20190307

Gendered Laws and Women in the Workforce

By Marie Hyland, Simeon Djankov, and Pinelopi Koujianou Goldberg

American Economic Review: Insights, December 2020

This paper offers for the first time a global picture of gender discrimination by the law as it affects women's economic opportunity and charts the evolution of legal inequalities over five decades. Using the World Bank's newly constructed Women, Business...

www.aeaweb.org/articles?id=10.1257/aeri.20190542

School Effects on Socioemotional Development, School-Based Arrests, and Educational Attainment

By C. Kirabo Jackson, Shanette C. Porter, John Q. Easton, Alyssa Blanchard, and Sebastián Kiguel

American Economic Review: Insights, December 2020

Using value-added models on data from Chicago Public Schools, we find that high schools impact students' self-reported socioemotional development (SED) by enhancing social well-being and promoting hard work. Conditional on their test score impacts, school...

www.aeaweb.org/articles?id=10.1257/aeri.20200029

Restructuring Sovereign Debt

[Symposium: International Financial Architecture]

By Barry Eichengreen

Journal of Economic Perspectives, Fall 2003

This paper provides new empirical evidence relevant to the debate over the desirability of reforms to the way that financial markets and the international community deal with sovereign debt crises. In particular, given the ongoing opposition of investors ...

www.aeaweb.org/articles?id=10.1257/089533003772034907

The Mirage of Exchange Rate Regimes for Emerging Market Countries

[Symposium: International Financial Architecture]

By Guillermo A. Calvo and Frederic S. Mishkin

Journal of Economic Perspectives, Fall 2003

This paper argues that much of the debate on choosing an exchange rate regime misses the boat. It begins by discussing the standard theory of choice between exchange rate regimes, and then explores the weaknesses in this theory, especially when it is appl...

www.aeaweb.org/articles?id=10.1257/089533003772034916

How Well Do Automated Linking Methods Perform? Lessons from US Historical Data

By Martha J. Bailey, Connor Cole, Morgan Henderson, and Catherine Massey

Journal of Economic Literature, December 2020

This paper reviews the literature in historical record linkage in the United States and examines the performance of widely used record-linking algorithms and common variations in their assumptions. We use two high-quality, hand-linked data sets and one ...

www.aeaweb.org/articles?id=10.1257/jel.20191526

The Coase Theorem at Sixty

By Steven G. Medema

Journal of Economic Literature, December 2020

The Coase theorem is one of the most influential and controversial ideas to emerge from post-World War II economics. This article examines the theorem's origins, diffusion, and the wide variety of uses to which it has been put by economists and others ove...

www.aeaweb.org/articles?id=10.1257/jel.20191060