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intensive-margin consumer demand, as well as a broad class of related adverse-selection models. Despite significant data … limitations, we are able to derive informative bounds on demand under counterfactual price changes. These bounds arise because … empirically plausible DGPs must respect the Law of Demand and the observed shift(s) in aggregate demand resulting from a known …
Persistent link: https://www.econbiz.de/10014337879
This short note constructs Mobility Zones to facilitate the discussion on the geographic extent of individual mobility restrictions to control the spread of Covid-19. Mobility Zones are disjoint sets of counties where a given level of individual mobility directly or indirectly connects all...
Persistent link: https://www.econbiz.de/10012481819
In the context of collecting property taxes from 13432 households in a district of Lima (Peru), we investigate whether prioritized enforcement can improve the effective use of limited enforcement capacity. We randomly assign households to two treatment arms: one replicating the city's usual...
Persistent link: https://www.econbiz.de/10013334436
Staggered difference-in-differences designs are pervasive in policy evaluations but little is known about the mechanisms of policy diffusion: How and why do such policies spread across jurisdictions? In this study, we highlight the role of elections in policy diffusion in settings where...
Persistent link: https://www.econbiz.de/10014322828
Many centralized assignment systems seek to not only provide good matches for participants' current needs, but also to accommodate changes in preferences and circumstances. We study the problem of designing a dynamic reassignment mechanism in the context of Norway's system for allocating...
Persistent link: https://www.econbiz.de/10014544736
We examine how public firms listed in North American stock exchanges acquire technology companies during 2010-2020. Combining data from S&P, Refinitiv, Compustat, and CRSP, and utilizing a unique S&P taxonomy that classifies tech M&As by tech categories and business verticals, we show that 13.1%...
Persistent link: https://www.econbiz.de/10014250144
The elegant economic picture of rational consumers achieving Pareto optimality through trade in decentralized self-organized markets is blurred by market imperfections and choices inconsistent with consumer self-interest. Behavioral economics has documented these errors in choice, and considered...
Persistent link: https://www.econbiz.de/10014250182
a product or leave the market. Given remaining capacities, firms trade off selling today against shifting demand to …
Persistent link: https://www.econbiz.de/10014635636
Eligibility criteria for interventions can induce an Ashenfelter Dip, and subsequent mean-reversion may result in improvement over time even absent the intervention. We investigate these dynamics for a food-as-medicine program to treat diabetes, where eligibility required elevated hemoglobin A1c...
Persistent link: https://www.econbiz.de/10015195015
The Child Tax Credit (CTC) was substantially expanded through the American Rescue Plan Act of 2021, making the benefit more generous, fully refundable, and more periodic. Early studies documented the positive impact of the expanded CTC on reducing poverty and food insufficiency, but there is...
Persistent link: https://www.econbiz.de/10014322799