Do Inflation Expectations Become More Anchored during a Disinflation Episode? Evidence for Euro Area Firms

By Ursel Baumann, Annalisa Ferrando, Dimitris Georgarakos, Yuriy Gorodnichenko, and Timo Reinelt

AEA Papers and Proceedings, May 2025

Does a successful disinflation contribute to the anchoring of inflation expectations? We provide novel survey evidence on the dynamics of euro area firms' inflation expectations during the disinflation episode since 2022. We show that firms' short-term in...

Job Tasks, Leadership, and the Gender Gap after Parenthood

By Daniel Tannenbaum and Brenden Timpe

AEA Papers and Proceedings, May 2025

We use linked US survey and administrative data to provide new evidence on the job tasks performed by women and men around parenthood. We develop an occupation-level measure of leadership task intensity. Leadership has an increasing and concave age profil...

Home Sweet Home: How Much Do Employees Value Remote Work?

By Zoë Cullen, Bobak Pakzad-Hurson, and Ricardo Perez-Truglia

AEA Papers and Proceedings, May 2025

We provide revealed-preference evidence on employee value for remote work and on the wage-setting strategies adopted by employers for in-person versus remote work. Using data on the job offers and selections of over 3,000 employees in the US tech sector, ...

Work Hours and Amenity Trade-Offs

By César Garro- Marín, Neil Thakral, and Linh T. Tô

AEA Papers and Proceedings, May 2025

We present a compensating wage differentials model that incorporates complementarity and substitutability in firms' provision of amenities and workers' preferences for them. These interactions help explain why some amenities tend to be bundled, while othe...

The Impact of Air Pollution and Information Access on Women's Fertility Decisions: Evidence from Thailand

By Pasita Chaijaroen and Pallavi Panda

AEA Papers and Proceedings, May 2025

Despite increased exposure to air pollution concentration (PM2.5) and access to information, household fertility response to climate anxiety remains understudied in developing countries. To assess if individuals actively increase information ga...

The Impact of Cash after Childbirth on Crime: Evidence from a Discontinuity in Tax Benefits

By Sakshi Bhardwaj

AEA Papers and Proceedings, May 2025

This paper examines the causal impact of additional income provided to low-income families shortly after childbirth on mothers' criminal justice involvement. Using a regression discontinuity design based on year-end births, where children born before Dece...

Learning from Job Offers about Labor Supply Constraints: A Barrier for Women without Work Experience

By Lisa Ho, Suhani Jalota, and Anahita Karandikar

AEA Papers and Proceedings, May 2025

Labor market surveys often include individuals outside the workforce, but respondents who lack work experience may have inaccurate beliefs about their labor supply preferences and constraints. Using data from an incentivized job preferences elicitation in...

Long-Run Intergenerational Impact of Abortion Legalization in the United States

By Sherajum Monira Farin

AEA Papers and Proceedings, May 2025

In this study, I analyze how children conceived under legal abortion fare in life, particularly in terms of life term health. I leverage the state-level variation in changes to abortion laws predating Roe v. Wade and the changes brought about by

Valuing Information as a Philanthropic Funder

By Dan Brown, Adam Salisbury, and Meika Ball

AEA Papers and Proceedings, May 2025

GiveWell directs around $10 million per year to fund new randomized controlled trials. Funding for new research has a high opportunity cost, as it requires us to spend less directly on programmatic activities. However, it may enable us to direct substanti...

Four New Ideas for Systematic Cost-Effectiveness Analysis

By Elizabeth D. Brown and Craig McIntosh

AEA Papers and Proceedings, May 2025

Systematic learning from pooling available cost-effectiveness analyses is undermined by the low quality and availability of costing data across studies. We present four new ideas for improvement: (i) costing preanalysis plans and reporting templates, (ii)...

Does Gender Tagging Public Works Increase Women's Participation? Experimental Evidence from Haiti, Kenya, and Rwanda

By Tanay Balantrapu, Paul Christian, Lelys Dinarte-Diaz, Felipe Dunsch, Jonas Heirman, Dahyeon Jeong, Erin Kelley, Florence Kondylis, Gregory Lane, and John Loeser

AEA Papers and Proceedings, May 2025

Public works programs often fail to induce participation by women in dual-headed households, with implications for closing gender gaps in autonomy. We randomize "gender tagging," labeling as "for women" in cash-for-work programs targeting poor households ...

Financial Spillover Effects from Electronic Government Transfers: Evidence from an At-Scale Experiment in Indonesia

By Abhijit Banerjee, Rema Hanna, Benjamin A. Olken, Elan Satriawan, and Sudarno Sumarto

AEA Papers and Proceedings, May 2025

In 2018, Indonesia launched a new electronic voucher system for distribution of food subsidies in randomly selected districts. Banks were assigned the goal of operating at least two remote banking agents in each village in selected districts. We find that...

Access to Justice and Social Protection

By Diogo Britto, Lorenzo Germinetti, François Gerard, Joana Naritomi, and Breno Sampaio

AEA Papers and Proceedings, May 2025

Governments in developing countries are expanding social protection policies, yet coverage remains imperfect. This paper explores how the justice system influences coverage and the consequences of unequal access to justice for targeting. Using administrat...

Heterogeneity in Effects of Poverty-Alleviating Interventions

By Robert Garlick ⓡ John Walker ⓡ Kate Orkin

AEA Papers and Proceedings, May 2025

To what extent are poverty-alleviating interventions general tools? We revisit a 415-village cluster-randomized field experiment involving 8,300 women living in poverty in rural Kenya. We estimate the extent of heterogeneity in a cash transfer interventio...

Targeting Social Assistance: The Evolution of College Financial Aid in Colombia

By Juliana Londoño-Vélez, Catherine Rodríguez, Fabio Sánchez, and Luis Esteban Álvarez- Arango

AEA Papers and Proceedings, May 2025

College financial aid programs often target individuals based on a combination of academic merit and socioeconomic status. The design of these programs can also be influenced by social preferences and political factors. This paper analyzes the evolution o...

SMEs and Workers during Crises: Evidence from the COVID-19 Pandemic in Uganda

By Selim Gulesci, Francesco Loiacono, Andreas Madestam, and Miri Stryjan

AEA Papers and Proceedings, May 2025

We use a five-year panel of Ugandan SMEs, supplemented with phone-survey data from August 2020, to analyze how the onset of the COVID-19 pandemic affected profits and employment. Most firms had employees, enabling us to investigate whether—and how—the...

Discrimination Expectations in the Credit Market: Survey Evidence from India

By Stefano Fiorin, Joseph Hall, and Martin Kanz

AEA Papers and Proceedings, May 2025

We present results from a representative survey and an information experiment to provide evidence on discrimination expectations. We find that discrimination based on gender, caste, and religion is perceived to be widespread in society overall and in the ...

Energy Hogs and Energy Angels: What Does Residential Electricity Use Really Tell Us about Profligate Consumption?

By Severin Borenstein

AEA Papers and Proceedings, May 2025

High residential volumetric electricity prices are partially justified as placing more of the cost burden on less prudent households, so-called "energy hogs." I show that the difference in means between above-median and below-median household consumption ...

Restructuring the Rate Base

By Steve Cicala

AEA Papers and Proceedings, May 2025

While electricity market restructuring appears to have lowered generation costs, it does not seem to have benefitted consumers. Where did the savings go? This paper evaluates whether the downstream T&D utilities that remained rate regulated capitalize...

Does Unilateral Decarbonization Pay for Itself?

By Adrien Bilal and Diego R. Känzig

AEA Papers and Proceedings, May 2025

This paper shows that unilateral decarbonization pays for itself in large economies. We estimate economic damages based on global temperature shocks and combine them with a climate-economy model to construct domestic costs of carbon: $226 per ton for the ...