Report of the Task Force on Best Practices for Professional Conduct in Economics

By Amanda Bayer

AEA Papers and Proceedings, May 2021

Report of the Task Force on Outreach to High School and Undergraduate Students in Economics

AEA Papers and Proceedings, May 2021

Report of the Ad Hoc Committee on the Job Market

By John Cawley

AEA Papers and Proceedings, May 2021

Report by the AEA Data Editor

By Lars Vilhuber

AEA Papers and Proceedings, May 2021

AEA Data and Code Availability Policy

By Lars Vilhuber

AEA Papers and Proceedings, May 2021

Best Practices for Economists: Building a More Diverse, Inclusive, and Productive Profession

AEA Papers and Proceedings, May 2021

Front Matter

AEA Papers and Proceedings, May 2021

Financial Fragility during the COVID-19 Pandemic

By Robert L. Clark, Annamaria Lusardi, and Olivia S. Mitchell

AEA Papers and Proceedings, May 2021

Early in the COVID-19 pandemic, much of the US economy was closed to limit the virus's spread, and several emergency interventions were implemented. Our analysis of older (45–75) respondents fielded in April–May of 2020 indicates that about 1 in 5 res...

Longevity Perceptions and Saving Decisions during the COVID-19 Outbreak: An Experimental Investigation

By Abigail Hurwitz, Olivia S. Mitchell, and Orly Sade

AEA Papers and Proceedings, May 2021

We experimentally study individuals' perceptions about and advice to others regarding retirement savings and annuitization during the pandemic. Many people recommend that others save more for retirement, but those most affected by the pandemic tell others...

The Impact of an Epidemic: Experimental Evidence on Preference Stability from Wuhan

By Jason Shachat, Matthew J. Walker, and Lijia Wei

AEA Papers and Proceedings, May 2021

We examine how the outbreak of the COVID-19 virus in the Hubei province of China impacted pro-social behavior and attitudes toward risk and uncertainty. The study repeatedly applies a panel of financially incentivized individual and strategic decision tas...

The Impact of the COVID-19 Pandemic on Consumption: Learning from High-Frequency Transaction Data

By Haiqiang Chen, Wenlan Qian, and Qiang Wen

AEA Papers and Proceedings, May 2021

We use daily transaction data in 214 cities to study the impact of COVID-19 on consumption after China's outbreak in late January 2020. Based on difference-in-difference estimation, daily offline consumption—via bank card and mobile Quick Response code ...

Where Is Pollution Moving? Environmental Markets and Environmental Justice

By Joseph S. Shapiro and Reed Walker

AEA Papers and Proceedings, May 2021

Do US air pollution offset markets disproportionately relocate pollution to or from low-income or minority communities? Concerns about an equal distribution of environmental quality across communities—environmental justice—have growing policy influenc...

Cycles of Fire? Politics and Forest Burning in Indonesia

By Clare Balboni, Robin Burgess, Anton Heil, Jonathan Old, and Benjamin A. Olken

AEA Papers and Proceedings, May 2021

This paper examines the link between electoral incentives and environmental degradation by exploiting a satellite dataset on 107,000 forest fires and 879 asynchronous district elections in Indonesia. Fires represent a cheap but illegal means of converting...

Indoor Air Quality, Information, and Socioeconomic Status: Evidence from Delhi

By Michael Greenstone, Kenneth Lee, and Harshil Sahai

AEA Papers and Proceedings, May 2021

In Delhi, one of the world's most polluted cities, there is relatively little information on indoor air pollution and how it varies by socioeconomic status (SES). Using indoor air quality monitors (IAQMs), we find that winter levels of household air pollu...

Estimating the Elasticity to Real-Time Pricing: Evidence from the Spanish Electricity Market

By Natalia Fabra, David Rapson, Mar Reguant, and Jingyuan Wang

AEA Papers and Proceedings, May 2021

We estimate consumer response to the first large-scale real-time electricity pricing (RTP) program. In 2015, RTP became the default tariff for residential customers in Spain, exposing them to prices that vary hourly based on day-ahead wholesale prices. Us...

Who Gets Their First Job at a Large Firm? The Distinct Roles of Education and Skills

By Jaime Arellano-Bover

AEA Papers and Proceedings, May 2021

Young workers' early years in the labor market are a key and formative time. Using data from 31 countries, this article documents the selection of labor market entrants into large firms, which existing literature associates with propitious environments fo...

Pure-Chance Jobs versus a Labor Market: The Impact on Careers of a Random Serial Dictatorship for First Job Seekers

By Ashna Arora, Leonard Goff, and Jonas Hjort

AEA Papers and Proceedings, May 2021

Do workers' first jobs affect their careers? Do such first-job effects (FJEs) vary across worker types? If so, can policy improve upon a "free" labor market by altering initial worker-employer matches? We study these questions using Norway's pre–2013 sy...

Initial Industry and Long-Term Earnings Growth

By Stephen L. Ross and Patralekha Ukil

AEA Papers and Proceedings, May 2021

We test whether employment growth in a male worker's initial industry influences earnings growth using the 1979 National Longitudinal Survey of Youth. We follow workers for 20 years after reporting their first industry, finding that lower employment growt...

The Distributional Impacts of Active Labor Market Programs for Indigenous Populations

By Donna Feir, Kelly Foley, and Maggie E. C. Jones

AEA Papers and Proceedings, May 2021

We evaluate the distributional impacts of active labor market programming for indigenous peoples in Canada. Using administrative data and an empirical strategy that compares participants in high-intensity programs—skills interventions, job-creation part...

Gaming Opportunities: American Indian Casinos, Cash Transfers, and Income Mobility on the Reservation

By Emilia Simeonova, Randall Akee, and Maggie R. Jones

AEA Papers and Proceedings, May 2021

We examine the impact of the Indian Gaming Regulatory Act on the income rank of American Indian (AI) reservation residents. We assemble a panel dataset at the individual level for tax filers residing on AI reservations in 1989. We examine the effect of ca...