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Matching with Trade-offs: Revealed Preferences over Competing Characteristics

Galichon, Alfred; Salanié, Bernard - C.E.P.R. Discussion Papers - 2010

characteristics that the analyst does not observe. The social optimum must therefore trade off matching on incomes and matching on … set of feasible matchings and of the socially optimal matching. Then we show how data on the covariation of the types of …

Persistent link: https://www.econbiz.de/10008530351

Tiered Housing Allocation: an Experimental Analysis

Carrillo, Juan D; Singhal, Saurabh - C.E.P.R. Discussion Papers - 2011

We study in the laboratory, a variant of the house allocation with existing tenants problem where agents are partitioned into tiers with different privileges. Members of higher tiers receive their allocation before those in lower tiers and can also take the endowment of a member of a lower tier...

Persistent link: https://www.econbiz.de/10008854498

The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy

Jordà, Òscar; Taylor, Alan M. - C.E.P.R. Discussion Papers - 2013

After the Global Financial Crisis a controversial rush to fiscal austerity followed in many countries. Yet research on the effects of austerity on macroeconomic aggregates was and still is unsettled, mired by the difficulty of identifying multipliers from observational data. This paper...

Persistent link: https://www.econbiz.de/10011083942

A Political Economy Theory of the Soft Budget Constraint

Robinson, James A; Torvik, Ragnar - C.E.P.R. Discussion Papers - 2005

Why do soft budget constraints exist and persist? In this paper we argue that the prevalence of soft budget constraints can be best explained by the political desirability of softness. We develop a political economy model where politicians cannot commit to policies that are not ex post optimal....

Persistent link: https://www.econbiz.de/10005114300

White Elephants

Robinson, James A; Torvik, Ragnar - C.E.P.R. Discussion Papers - 2002

Underdevelopment is thought to be about lack of investment, and many political economy theories can account for this …. Yet, there has been much investment in developing countries. The problem has been that investment growth has not led to … output growth. We therefore need to explain not simply underinvestment, but also the misallocation of investment. The …

Persistent link: https://www.econbiz.de/10005123875

What Has Mattered to Economics Since 1970

Han Kim, E; Morse, Adair; Zingales, Luigi - C.E.P.R. Discussion Papers - 2006

We compile the list of articles published in major refereed economics journals during the last 35 years that have received more than 500 citations. We document major shifts in the mode of contribution and in the importance of different sub-fields: Theory loses out to empirical work, and micro...

Persistent link: https://www.econbiz.de/10005791355

Comparing the Early Research Performance of PhD Graduates in Labour Economics in Europe and the USA

Cardoso, Ana Rute; Guimaraes, Paulo; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2009

This paper analyzes the early research performance of PhD graduates in labor economics, addressing the following questions: Are there major productivity differences between graduates from American and European institutions? If so, how relevant is the quality of the training received (i.e....

Persistent link: https://www.econbiz.de/10004979475

Do Men and Women Economists Choose the Same Research Fields?: Evidence From Top 50 Departments

Almunia, Miguel; Dolado, Juan J.; Felgueroso, Florentino - C.E.P.R. Discussion Papers - 2005

This paper describes the gender distribution of research fields chosen by the faculty members in the top 50 Economics departments, according to the rankings available on the Econphd.net website. We document that women are unevenly distributed across fields and test some behavioural implications...

Persistent link: https://www.econbiz.de/10005114421

Publications: German Economic Research Institutes on Track

Ketzler, Rolf; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2008

The request for a strengthening of academic research at the German economic research institutes by the German Science Council more than a decade ago was founded on the crucial insight that sound policy advice - the traditional task of the institutes - can only be guaranteed in the long term if...

Persistent link: https://www.econbiz.de/10005114494

The Evaluation of Citation Distributions from an Economic Perspective

Ruiz-Castillo, Javier - C.E.P.R. Discussion Papers - 2010

The main aim of this paper is to demonstrate that a blend of welfare economics and statistical analysis is useful in the evaluation of the distribution of the citations received by scientific papers in the periodical literature. The paper begins by reviewing the connection between basic...

Persistent link: https://www.econbiz.de/10008784695