Investigating the Introduction of Fintech Advancement Aimed to Reduce Limited Attention Regarding Inactive Savings Accounts: Data, Survey, and Field Experiment

By Maya Haran Rosen and Orly Sade

AEA Papers and Proceedings, May 2022

We use proprietary data, survey data, and a field experiment to study the effect of campaigns to raise awareness about lost and forgotten retirement savings accounts. The campaigns were a centralized database to help individuals find inactive accounts and...

Explaining Heterogeneity in Use of Non-wage Benefits: The Role of Worker and Firm Characteristics in Disability Accommodations

By Naoki Aizawa, Corina Mommaerts, and Stephanie Rennane

AEA Papers and Proceedings, May 2022

Non-wage benefits are an important component of employment arrangements, but are not available to or used by all workers. Do differences in firm, worker, or match-specific characteristics drive benefit take-up? We provide new evidence on heterogeneity in ...

Border Fencing, Migrant Flows, and Crossing Deaths

By Cynthia Bansak, Abigail Hall Blanco, and Michael Coon

AEA Papers and Proceedings, May 2022

Using data from the US Customs and Border Protection and novel data on border fencing, we examine how the construction of border fencing under the Secure Fence Act influenced crossing decisions and the likelihood of migrant deaths. Apprehension data sugge...

Put on ICE? Effects of Immigration Raids in the Animal Slaughtering and Processing Industry

By Pia M. Orrenius and Madeline Zavodny

AEA Papers and Proceedings, May 2022

The animal slaughtering and processing industry was the epicenter of work site immigration raids from 2006 to 2008 that were aimed at rooting out unauthorized immigrant workers in the United States. This study examines whether the industry shifted toward ...

Annotated Listing of New Books

Journal of Economic Literature, June 2002

Birthright Granted and Revoked: The Effects of Irish Citizenship Policy on Migrant Fertility

By Hisham Foad

AEA Papers and Proceedings, May 2022

I examine Ireland's experiment with birthright citizenship between 1999 and 2004. Critics argue that birthright citizenship may induce higher migrant fertility and threaten national identity. I find that migrants arriving during birthright citizenship had...

Parental Deportation, Safe-Zone Schools, and the Socio-Emotional and Behavioral Health of Children Left Behind

By Catalina Amuedo-Dorantes, José R. Bucheli, and Ana P. Martinez-Donate

AEA Papers and Proceedings, May 2022

Over four million US-born children living in households with at least one unauthorized immigrant parent are the unintended victims of intensified immigration enforcement. In an effort to address these disadvantages, many schools and school districts throu...

Immigration and Labor Market (Mis)perceptions

By Nicolás Ajzenman, Patricio Dominguez, and Raimundo Undurraga

AEA Papers and Proceedings, May 2022

Exposure to immigrants often triggers sentiments of hostility and backlash among native-born populations. Among the main concerns identified by surveys, labor market conditions typically rank at the top. We combine a two-way fixed effects model with a Bar...

Implicit Stereotypes in Teachers' Track Recommendations

By Michela Carlana, Eliana La Ferrara, and Paolo Pinotti

AEA Papers and Proceedings, May 2022

We study the relationship between teachers' stereotypes and students' high school choice in a setting where students can enroll in more or less demanding high school tracks. We show that teachers with negative stereotypes toward immigrants, as measured by...

Robustness of Rank Independence in Risky Choice

By B. Douglas Bernheim, Rebecca Royer, and Charles Sprenger

AEA Papers and Proceedings, May 2022

Bernheim and Sprenger (2020) devise and implement a novel test of rank-dependent probability weighting both in general and as formulated in cumulative prospect theory. They reject both hypotheses decisively. Cumulative prospect theory cannot simultaneousl...

Simplicity and Probability Weighting in Choice under Risk

By Drew Fudenberg and Indira Puri

AEA Papers and Proceedings, May 2022

We present a speculative application of model estimates from Fudenberg and Puri (2021) to prize-linked savings in South Africa. The models used include one combining simplicity theory (Puri 2018, 2022), a preference for lotteries with fewer possible outco...

Revealed Preferences for Randomization: An Overview

By Marina Agranov and Pietro Ortoleva

AEA Papers and Proceedings, May 2022

We survey the empirical evidence on subjects' desire to randomize and its relation to stochastic choice. Preferences for randomization are documented by a substantial body of empirical work using different methodologies and in several domains, including o...

Addressing Strategic Uncertainty with Incentives and Information

By Marina Halac, Elliot Lipnowski, and Daniel Rappoport

AEA Papers and Proceedings, May 2022

A principal privately contracts with a set of agents who then simultaneously make a binary decision. Each contract specifies an individual allocation and the information the agent is given about a fundamental state and other agents' contracts. We study th...

Efficient Full Implementation via Transfers: Uniqueness and Sensitivity in Symmetric Environments

By Mariann Ollár and Antonio Penta

AEA Papers and Proceedings, May 2022

We study efficient full implementation via transfers in unique rationalizable strategies in environments that are symmetric in two senses: first, agents display the same total level of preference interdependence; second, types are commonly known to be dra...

Preventing Bottlenecks in Organizations

By Fumitoshi Moriya and Takuro Yamashita

AEA Papers and Proceedings, May 2022

Organizations may suffer from unforeseen negative shocks, potentially leading to severe bottlenecks. This paper studies an optimal incentive scheme robust to those shocks in the effort induction problem in team production. The optimal scheme under the no-...

JEL Classification System

Journal of Economic Literature, June 2002

Artificial Intelligence, Algorithm Design, and Pricing

By John Asker, Chaim Fershtman, and Ariel Pakes

AEA Papers and Proceedings, May 2022

We calculate the time path of prices generated by algorithmic pricing games that differ in their learning protocols. Asynchronous learning occurs when the algorithm only learns about the return from the action it actually took. Synchronous learning occurs...

Identifying Algorithmic Pricing Technology Adoption in Retail Gasoline Markets

By Stephanie Assad, Robert Clark, Daniel Ershov, and Lei Xu

AEA Papers and Proceedings, May 2022

While recent theoretical literature shows that algorithmic pricing (AP) may increase retail prices by facilitating collusive behavior, there has been no empirical evidence relating the adoption of AP technology to higher prices and/or collusion. One key r...

Smart Meters and Retail Competition: Trends and Challenges

By Jacint Enrich, Ruoyi Li, Alejandro Mizrahi, and Mar Reguant

AEA Papers and Proceedings, May 2022

Retail electricity competition has been introduced for over a decade in many markets, but challenges in having an active retail market remain. Universal smart meters have also emerged as a trend. What is the interaction between competition and smart meter...

Structural Vector Autoregressions with Imperfect Identifying Information

By Christiane Baumeister and James D. Hamilton

AEA Papers and Proceedings, May 2022

The problem of identification is often the core challenge of empirical economic research. The traditional approach to identification is to bring in additional information in the form of identifying assumptions, such as restrictions that certain magnitudes...