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Accountability and Grand Corruption

By Cesar Martinelli

American Economic Journal: Microeconomics, November 2022

We propose a model of political careers and electoral accountability in an environment in which politicians may take bribes at different stages of their careers and in which politicians' actions are only imperfectly observed by voters. We show that the ex...

Crime Chains

By Mehmet Bac

American Economic Journal: Microeconomics, November 2022

How should law enforcement resources be allocated to minimize the harms from flexible, chain-form trafficking organizations? I show that optimal interventions focus on one target, the feeding source (decapitation) or the revenue-generating tail (amputatio...

Crime, Broken Families, and Punishment

By Emeline Bezin, Thierry Verdier, and Yves Zenou

American Economic Journal: Microeconomics, November 2022

We develop a two-period overlapping generations model in which both the family structure and the decision to commit crime are endogenous and the dynamics of moral norms of good conduct is transmitted intergenerationally by families and peers. By "destroyi...

Hungry for Success? SNAP Timing, High-Stakes Exam Performance, and College Attendance

By Timothy N. Bond, Jillian B. Carr, Analisa Packham, and Jonathan Smith

American Economic Journal: Economic Policy, November 2022

Monthly government transfer programs create cycles of consumption that track the timing of benefit receipt. If these cycles correspond to critical moments for student learning and achievement, the timing of transfers may have important long-run implicatio...

Do Two Electricity Pricing Wrongs Make a Right? Cost Recovery, Externalities, and Efficiency

By Severin Borenstein and James B. Bushnell

American Economic Journal: Economic Policy, November 2022

Economists favor pricing pollution in part so that consumers face the full social marginal cost (SMC) of goods and services. But even absent externalities, retail electricity prices typically exceed private marginal cost, due to a utility's need to cover ...

Behavioral Responses to Wealth Taxes: Evidence from Switzerland

By Marius Brülhart, Jonathan Gruber, Matthias Krapf, and Kurt Schmidheiny

American Economic Journal: Economic Policy, November 2022

We study how declared wealth responds to changes in wealth tax rates. Exploiting rich intranational variation in Switzerland, we find a 1 percentage point drop in a canton's wealth tax rate raises reported taxable wealth by at least 43 percent after 6 yea...

Adviser Value Added and Student Outcomes: Evidence from Randomly Assigned College Advisers

By Serena Canaan, Antoine Deeb, and Pierre Mouganie

American Economic Journal: Economic Policy, November 2022

This paper provides the first causal evidence on the impact of college advisor quality on student outcomes. To do so, we exploit a unique setting where students are randomly assigned to faculty advisors during their first year of college. We find that hig...

The Hazards of Unwinding the Prescription Opioid Epidemic: Implications for Child Maltreatment

By Mary F. Evans, Matthew C. Harris, and Lawrence M. Kessler

American Economic Journal: Economic Policy, November 2022

Child maltreatment has significant and long-lasting consequences. We examine how two interventions designed to curtail prescription opioid misuse, the reformulation of OxyContin and the implementation of must-access prescription drug monitoring programs (...

Enhancing the Efficacy of Teacher Incentives through Framing: A Field Experiment

By Roland G. Fryer, Jr., Steven D. Levitt, John List, and Sally Sadoff

American Economic Journal: Economic Policy, November 2022

In a field experiment, we provide financial incentives to teachers framed either as gains, received at the end of the year, or as losses, in which teachers receive up-front bonuses that must be paid back if their students do not improve sufficiently. Pool...

The Long-Run Impacts of Same-Race Teachers

By Seth Gershenson, Cassandra M. D. Hart, Joshua Hyman, Constance A. Lindsay, and Nicholas W. Papageorge

American Economic Journal: Economic Policy, November 2022

Leveraging the Tennessee STAR class size experiment, we show that Black students randomly assigned to at least one Black teacher in grades K–3 are 9 percentage points (13 percent) more likely to graduate from high school and 6 percentage points (19 perc...