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Showing 13,321-13,340 of 13,860 items.

A Long Way Coming: Designing Centralized Markets with Privately Informed Buyers and Sellers

By Simon Loertscher, Leslie M. Marx, and Tom Wilkening

Journal of Economic Literature, December 2015

We discuss the economics literature relevant to the design of centralized two-sided market mechanisms for environments in which both buyers and sellers have private information. The existing literature and the history of spectrum auctions, including the i...

www.aeaweb.org/articles?id=10.1257/jel.53.4.857

Culture and Institutions

By Alberto Alesina and Paola Giuliano

Journal of Economic Literature, December 2015

A growing body of empirical work measuring different types of cultural traits has shown that culture matters for a variety of economic outcomes. This paper focuses on one specific aspect of the relevance of culture: its relationship to institutions. We re...

www.aeaweb.org/articles?id=10.1257/jel.53.4.898

Tiger Parenting and American Inequality: An Essay on Chua and Rubenfeld's The Triple Package: How Three Unlikely Traits Explain the Rise and Fall of Cultural Groups in America

By Shelly Lundberg

Journal of Economic Literature, December 2015

The role of culture in the creation and persistence of racial and ethnic inequalities has been the focus of considerable controversy in the social sciences. In The Triple Package: How Three Unlikely Traits Explain the Rise and Fall of Cultural Groups ...

www.aeaweb.org/articles?id=10.1257/jel.53.4.945

Star Wars: The Empirics Strike Back

By Abel Brodeur, Mathias Lé, Marc Sangnier, and Yanos Zylberberg

American Economic Journal: Applied Economics, January 2016

Using 50,000 tests published in the AER, JPE, and QJE, we identify a residual in the distribution of tests that cannot be explained solely by journals favoring rejection of the null hypothesis. We observe a two-humped camel shape with missing p-values bet...

www.aeaweb.org/articles?id=10.1257/app.20150044

Birthdays, Schooling, and Crime: Regression-Discontinuity Analysis of School Performance, Delinquency, Dropout, and Crime Initiation

By Philip J. Cook and Songman Kang

American Economic Journal: Applied Economics, January 2016

Dropouts have high crime rates, but is there a direct causal link? This study, utilizing administrative data for six cohorts of public school children in North Carolina, demonstrates that those born just after the cut date for enrolling in public kinderga...

www.aeaweb.org/articles?id=10.1257/app.20140323

The Contribution of the Minimum Wage to US Wage Inequality over Three Decades: A Reassessment

By David H. Autor, Alan Manning, and Christopher L. Smith

American Economic Journal: Applied Economics, January 2016

We reassess the effect of minimum wages on US earnings inequality using additional decades of data and an IV strategy that addresses potential biases in prior work. We find that the minimum wage reduces inequality in the lower tail of the wage distributio...

www.aeaweb.org/articles?id=10.1257/app.20140073

Wintertime for Deceptive Advertising?

By Jonathan Zinman and Eric Zitzewitz

American Economic Journal: Applied Economics, January 2016

Casual empiricism suggests that deceptive advertising about product quality is prevalent, and several classes of theories explore its causes and consequences. We provide unusually sharp empirical evidence on its extent, mechanics, and dynamics. Ski resort...

www.aeaweb.org/articles?id=10.1257/app.20130346

Does Grief Transfer across Generations? Bereavements during Pregnancy and Child Outcomes

By Sandra E. Black, Paul J. Devereux, and Kjell G. Salvanes

American Economic Journal: Applied Economics, January 2016

Using population data from Norway, we examine the effects of stress induced by the death of the mother's parent during pregnancy on both the short-run and the long-run outcomes of the infant. Using a variety of empirical strategies to address the issue of...

www.aeaweb.org/articles?id=10.1257/app.20140262

Market-Based Lobbying: Evidence from Advertising Spending in Italy

By Stefano DellaVigna, Ruben Durante, Brian Knight, and Eliana La Ferrara

American Economic Journal: Applied Economics, January 2016

We analyze a novel lobbying channel: firms shifting spending toward a politician's business in the hope of securing favorable regulation. We examine the evolution of advertising spending in Italy during 1993-2009, a period in which Berlusconi was in power...

www.aeaweb.org/articles?id=10.1257/app.20150042