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List, John A. - 2009

Despite their current prevalence and historical significance, little is known about the economics of open air markets. This paper uses open air markets as a natural laboratory to provide initial insights into the underlying operation of such markets. Using data on thousands of individual...

Persistent link: https://www.econbiz.de/10012463229

Toward an Understanding of Reference-Dependent Labor Supply : Theory and Evidence from a Field Experiment

Andersen, Steffen - 2014

Perhaps the most powerful form of framing arises through reference dependence, wherein choices are made recognizing the starting point or a goal. In labor economics, for example, a form of reference dependence, income targeting, has been argued to represent a serious challenge to traditional...

Persistent link: https://www.econbiz.de/10012457971

Does the Invisible Hand Efficiently Guide Entry and Exit? Evidence from a Vegetable Market Experiment in India

Banerjee, Abhijit V.; Fischer, Greg; Karlan, Dean; … - National Bureau of Economic Research - 2022

What accounts for the ubiquity of small vendors operating side-by-side in the urban centers of developing countries? Why don't competitive forces drive some vendors out of the market? We ran an experiment in Kolkata vegetable markets in which we induced (via subsidizing) some vendors to sell...

Persistent link: https://www.econbiz.de/10013362014

Trade, Human Capital, and Income Risk

Deng, Liuchun; Krishna, Pravin; Senses, Mine Zeynep; … - National Bureau of Economic Research - 2021

In this paper, we empirically assess the causal links between trade and individual income risk and study the role that … and the linkage between trade and risk: While, on average, individuals with higher levels of industry- or occupation … of industry-specific human capital can be costly for workers in highly trade-exposed industries. By contrast, we find no …

Persistent link: https://www.econbiz.de/10012794639

Collective Reputation in Trade : Evidence from the Chinese Dairy Industry

Bai, Jie - 2019

noninspected firms. These findings highlight the importance of collective reputation in international trade and the challenges …

Persistent link: https://www.econbiz.de/10012480227

Playing With Fire : Cigarettes, Taxes and Competition From the Internet

Goolsbee, Austan - 2009

This paper documents the rise of the Internet as a source of state-tax-free cigarettes and its impact on taxed sales elasticities. Using data on cigarette tax rates, taxable cigarette sales and individual smoking rates by state from 1980 to 2005 merged with data on Internet penetration, the...

Persistent link: https://www.econbiz.de/10012463038

The Dynamics of the Transfer and Renewal of Patents

Serrano, Carlos J. - 2008

This paper explores the dynamics of the transfer of U.S. patents and the significance of the initial missallocation of patent property rights. Here we find that the initial missallocation of patent property rights is large and differs substantially across patentees and technology fields. We also...

Persistent link: https://www.econbiz.de/10012464710

Skill Acquisition, Credit Constraints, and Trade

Chesnokova, Tatyana - 2006

wealth. We use a two factor general equilibrium model and assume credit markets are absent. We explore the effects of trade … that developed countries need to ensure access to education when liberalizing trade to ensure they reap the potential gains … from trade …

Persistent link: https://www.econbiz.de/10012466254

Execution Risk

Engle, Robert - 2006

execution and the risk is a result of price movements during a more gradual trading. The paper shows that the trade-off between …

Persistent link: https://www.econbiz.de/10012466529

Distribution Costs and Real Exchange Rate Dynamics During Exchange-Rate-Based-Stabilizations

Burstein, Ariel T. - 2000

This paper studies the role played by the distribution sector in shaping the behavior of the real exchange rate during exchange-rate-based-stabilizations. We use data for the U.S. and Argentina to document the importance of distribution margins in retail prices and disaggregated price data to...

Persistent link: https://www.econbiz.de/10012470881