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The Effect of Social Connectedness on Crime: Evidence from the Great Migration
Stuart, Bryan; Taylor, Evan J. - 2019
This paper estimates the effect of social connectedness on crime across U.S. cities from 1970 to 2009. Migration networks among African Americans from the South generated variation across destinations in the concentration of migrants from the same birth town. Using this novel source of...
Persistent link: https://www.econbiz.de/10012005929
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Migration Networks and Location Decisions: Evidence from U.S. Mass Migration
Stuart, Bryan; Taylor, Evan J. - 2019
This paper studies how birth town migration networks affected long-run location decisions during historical U.S. migration episodes. We develop a new method to estimate the strength of migration networks for each receiving and sending location. Our estimates imply that when one randomly chosen...
Persistent link: https://www.econbiz.de/10012141344
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Does Electricity Drive Structural Transformation? Evidence from the United States
Gaggl, Paul; Gray, Rowena; Marinescu, Ioana E.; Morin, … - 2020
Electricity is a general purpose technology and the catalyst for the second industrial revolution. What was its impact on the structure of employment? We use U.S. Census data from 1910 to 1940 and measure electrification with the length of higher-voltage electricity lines. Instrumenting for...
Persistent link: https://www.econbiz.de/10012269921
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Experts' Awards and Economic Success: Evidence from an Italian Literary Prize
Ponzo, Michela; Scoppa, Vincenzo - 2015
Product quality is often unobservable ex-ante and consumers rely on experts' judgments, sometimes in the form of ratings or awards. Do awards affect consumers' choices or, conversely, are they conferred on the most popular products? To disentangle this issue, we use data about the most important...
Persistent link: https://www.econbiz.de/10010481659
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Experts' Awards and Economic Success: Evidence from an Italian Literary Prize
Ponzo, Michela; Scoppa, Vincenzo - Institute for the Study of Labor (IZA) - 2015
Product quality is often unobservable ex-ante and consumers rely on experts' judgments, sometimes in the form of ratings or awards. Do awards affect consumers' choices or, conversely, are they conferred on the most popular products? To disentangle this issue, we use data about the most important...
Persistent link: https://www.econbiz.de/10011167199
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Who Bears the Welfare Costs of Monopoly? The Case of the Credit Card Industry
Herkenhoff, Kyle; Raveendranathan, Gajendran - 2019
How are the welfare costs from monopoly distributed across U.S. households? We answer this question for the U.S. credit card industry, which is highly concentrated, charges interest rates that are 3.4 to 8.8 percentage points above perfectly competitive pricing, and has repeatedly lost antitrust...
Persistent link: https://www.econbiz.de/10012180029
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Coming Out in America: AIDS, Politics, and Cultural Change
Fernández, Raquel; Parsa, Sahar; Viarengo, Martina - 2019
The last few decades witnessed a dramatic change in public opinion towards gay people. This paper studies the hypothesis that the AIDS epidemic was a shock that changed the incentive to "come out" and that the ensuing process of mobilization and endogenous political process led to cultural...
Persistent link: https://www.econbiz.de/10012059090
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Family values and the regulation of labor
Alesina, Alberto; Algan, Yann; Cahuc, Pierre; Giuliano, … - 2010
Flexible labor markets require geographically mobile workers to be efficient. Otherwise, firms can take advantage of the immobility of workers and extract monopsony rents. In cultures with strong family ties, moving away from home is costly. Thus, individuals with strong family ties rationally...
Persistent link: https://www.econbiz.de/10010269386
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Growing up in a recession: beliefs and the macroeconomy
Giuliano, Paola; Spilimbergo, Antonio - 2009
Do generations growing up during recessions have different socio-economic beliefs than generations growing up in good times? We study the relationship between recessions and beliefs by matching macroeconomic shocks during early adulthood with self-reported answers from the General Social Survey....
Persistent link: https://www.econbiz.de/10010269481
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Reluctant to Reform? A Note on Risk-Loving Politicians and Bureaucrats
Thomas, Tobias; Heß, Moritz; Wagner, Gert G. - 2017
resistance to reform is based on the differences in the risk preferences of voters, politicians, and bureaucrats. Based on the … risk appetite than the general population, their risk preferences cannot be seen as an explanation for the resistance to … process can put forth candidates with very high risk appetites, but the constitutions of democracies turn out to be rather …
Persistent link: https://www.econbiz.de/10011786946