CSMGEP: Renee Bowen

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Hospitals as Insurers of Last Resort

By Craig Garthwaite, Tal Gross, and Matthew J. Notowidigdo

American Economic Journal: Applied Economics, January 2018

American hospitals are required to provide emergency medical care to the uninsured. We use previously confidential hospital financial data to study the resulting uncompensated care, medical care for which no payment is received. Using both panel-data meth...

CSMGEP: James Peoples Jr.

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Unemployment Insurance as a Housing Market Stabilizer

By Joanne W. Hsu, David A. Matsa, and Brian T. Melzer

American Economic Review, January 2018

This paper studies the impact of unemployment insurance (UI) on the housing market. Exploiting heterogeneity in UI generosity across US states and over time, we find that UI helps the unemployed avoid mortgage default. We estimate that UI expansions durin...

How Successful Was the New Deal? The Microeconomic Impact of New Deal Spending and Lending Policies in the 1930s

By Price Fishback

Journal of Economic Literature, December 2017

The New Deal during the 1930s was arguably the largest peace-time expansion in federal government activity in American history. Until recently, there had been very little quantitative testing of the microeconomic impact of the wide variety of New Deal p...

Webcasts and videos from AEA 2018 Annual Meeting

[News]

January 22, 2018

View photos, webcasts, and poster videos from Philadelphia.

The New York Times features AER article on virtual learning

[News]

January 22, 2018

Students who take online courses learn less and are more likely to drop out.

Twitter Conversation for AEA Summer Program

[News]

January 22, 2018

This Wednesday, the program at Michigan State University will be holding a Twitter conversation for prospective students.

Holding corrupt institutions accountable

[Research Highlight]

December 22, 2017

Can social media be a check on power when mainstream news outlets cannot?

How Do Hours Worked Vary with Income? Cross-Country Evidence and Implications

By Alexander Bick, Nicola Fuchs-Schündeln, and David Lagakos

American Economic Review, January 2018

This paper builds a new internationally comparable database of hours worked to measure how hours vary with income across and within countries. We document that average hours worked per adult are substantially higher in low-income countries than in high-in...

Why do people in high-income countries work less?

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Employment rates and individual hours worked both play a role.

AEASTAT: 2017 Annual Meeting

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Sessions for AEA Committee on Economic Statistics, 2017 ASSA meetings

Closing Pakistan’s gender gap in voter turnout

[Research Highlight]

January 23, 2018

A simple message encouraged women to vote, and it did not cost much.

Call for Papers for 4th IWH-FIN-FIRE Workshop on "Challenges to Financial Stability"

[News]

January 26, 2018

Workshop to be held on August 20th and 21st, 2018 in Halle (Saale)

The Welfare Cost of Perceived Policy Uncertainty: Evidence from Social Security

By Erzo F. P. Luttmer and Andrew A. Samwick

American Economic Review, February 2018

Policy uncertainty reduces individual welfare when individuals have limited opportunities to mitigate or insure against the resulting consumption fluctuations. We field an original survey to measure the degree of perceived policy uncertainty in Social Sec...

Export Destinations and Input Prices

By Paulo Bastos, Joana Silva, and Eric Verhoogen

American Economic Review, February 2018

This paper examines the relationship between the destination of exports and the input prices paid by firms, using detailed customs and firm-product-level data from Portugal. Both ordinary least squares regressions and an instrumental-variable strategy usi...

Do Higher Corporate Taxes Reduce Wages? Micro Evidence from Germany

By Clemens Fuest, Andreas Peichl, and Sebastian Siegloch

American Economic Review, February 2018

This paper estimates the incidence of corporate taxes on wages using a 20-year panel of German municipalities exploiting 6,800 tax changes for identification. Using event study designs and difference-in-differences models, we find that workers bear about ...

Lying Aversion and the Size of the Lie

By Uri Gneezy, Agne Kajackaite, and Joel Sobel

American Economic Review, February 2018

This paper studies lying. An agent randomly picks a number from a known distribution. She can then report any number and receive a monetary payoff based only on her report. The paper presents a model of lying costs that generates hypotheses regarding beha...

AEASTAT: 2018 Annual Meeting

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Sessions for AEA Committee on Economic Statistics, 2018 ASSA meetings

Free to Choose: Can School Choice Reduce Student Achievement?

By Atila Abdulkadiroğlu, Parag A. Pathak, and Christopher R. Walters

American Economic Journal: Applied Economics, January 2018

A central argument for school choice is that parents can choose schools wisely. This principle may underlie why lottery-based school evaluations have almost always reported positive or zero achievement effects. This paper reports on a striking counterexam...