ASSA 2023 KiddieCorp (Childcare)

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Annual Meeting Registration and Other Announcements

[News]

August 25, 2022

View member announcement from August 29, 2022.

Front Matter

American Economic Review, September 2022

Dispersed Behavior and Perceptions in Assortative Societies

By Mira Frick, Ryota Iijima, and Yuhta Ishii

American Economic Review, September 2022

We formulate a model of social interactions and misinferences by agents who neglect assortativity in their society, mistakenly believing that they interact with a representative sample of the population. A key component of our approach is the interplay be...

Rational Illiquidity and Consumption: Theory and Evidence from Income Tax Withholding and Refunds

By Michael Gelman, Shachar Kariv, Matthew D. Shapiro, and Dan Silverman

American Economic Review, September 2022

Low liquidity and a high marginal propensity to consume are tightly linked. This paper analyzes this link in the context of income tax withholding and refunds. A theory of rational cash management with income uncertainty endogenizes the relationship betwe...

Belief Elicitation and Behavioral Incentive Compatibility

By David Danz, Lise Vesterlund, and Alistair J. Wilson

American Economic Review, September 2022

Subjective beliefs are crucial for economic inference, yet behavior can challenge the elicitation. We propose that belief elicitation should be incentive compatible not only theoretically but also in a de facto behavioral sense. To demonstrate, we show th...

Measuring Racial Discrimination in Bail Decisions

By David Arnold, Will Dobbie, and Peter Hull

American Economic Review, September 2022

We develop new quasi-experimental tools to measure disparate impact, regardless of its source, in the context of bail decisions. We show that omitted variables bias in pretrial release rate comparisons can be purged by using the quasi-random assignment of...

Experimental Cost of Information

By Tommaso Denti, Massimo Marinacci, and Aldo Rustichini

American Economic Review, September 2022

We relate two main representations of the cost of acquiring information: a cost that depends on the experiment performed, as in statistical decision theory, and a cost that depends on the distribution of posterior beliefs, as in applications of rational i...

Separating Ownership and Information

By Paul Voss and Marius Kulms

American Economic Review, September 2022

This paper identifies an upside of the separation of ownership and control, typically the source of inefficiencies in the theory of the firm. Because insiders obtain private information by exercising control, the separation of ownership and control leads ...

AEASTAT: 2023 Annual Meeting

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Sessions for AEA Committee on Economic Statistics, 2023 ASSA meetings

Call for Papers: Symposium on China's Accounting Development: Direction and Path

[News]

August 30, 2022

The deadline for submissions is October 12, 2022.

Call for Papers: 5th International Conference on Accounting and Finance in Emerging Markets (ICAFEM)

[News]

August 30, 2022

The deadline for submissions is September 25, 2022.

Polarization, Valence, and Policy Competition

By Peter Buisseret and Richard Van Weelden

American Economic Review: Insights, September 2022

We study an election between two office-seeking candidates who are polarized along a partisan issue dimension when one candidate has a valence advantage. The candidates compete by choosing policy on a second issue dimension about which voters' preferences...

North-South Displacement Effects of Environmental Regulation: The Case of Battery Recycling

By Shinsuke Tanaka, Kensuke Teshima, and Eric Verhoogen

American Economic Review: Insights, September 2022

This study examines the effect of a tightening of the US air quality standard for lead in 2009 on the relocation of battery recycling to Mexico and on infant health in Mexico. In the United States, air-borne lead dropped sharply near affected plants, most...

Pretest with Caution: Event-Study Estimates after Testing for Parallel Trends

By Jonathan Roth

American Economic Review: Insights, September 2022

This paper discusses two important limitations of the common practice of testing for preexisting differences in trends ("pre-trends") when using difference-in-differences and related methods. First, conventional pre-trends tests may have low power. Second...

Five Facts about the Distributional Income Effects of Monetary Policy Shocks

By Niklas Amberg, Thomas Jansson, Mathias Klein, and Anna Rogantini Picco

American Economic Review: Insights, September 2022

We document five facts about the distributional income effects of monetary policy shocks using Swedish administrative individual-level data. (i) The effects of monetary policy shocks are U shaped over the income distribution—that is, expansionary shocks...

The Rise of Pass-Throughs and the Decline of the Labor Share

By Matthew Smith, Danny Yagan, Owen Zidar, and Eric Zwick

American Economic Review: Insights, September 2022

We study the coevolution of the fall in the US corporate-sector labor share and the rise of business activity in tax-preferred pass-throughs. We find that reallocating activity to the form it would have taken prior to the Tax Reform Act of 1986 accounts f...

Optimal Information Disclosure in Classic Auctions

By Dirk Bergemann, Tibor Heumann, Stephen Morris, Constantine Sorokin, and Eyal Winter

American Economic Review: Insights, September 2022

We characterize the revenue-maximizing information structure in the second-price auction. The seller faces a trade-off: more information improves the efficiency of the allocation but creates higher information rents for bidders. The information disclosure...

The Impact of Financial Assistance Programs on Health Care Utilization: Evidence from Kaiser Permanente

By Alyce Adams, Raymond Kluender, Neale Mahoney, Jinglin Wang, Francis Wong, and Wesley Yin

American Economic Review: Insights, September 2022

Most hospitals have financial assistance programs for low-income patients. We use administrative data from Kaiser Permanente to study the effects of financial assistance on health care utilization. Using a regression discontinuity design based on an incom...

Front Matter

American Economic Review: Insights, September 2022