Showing 1 - 10 of 63
Party platforms differ sharply from one another, especially on issues with religious content, such as abortion or gay marriage. Religious extremism in the U.S. appears to be strategically targeted to win elections, since party platforms diverge significantly, while policy outcomes like abortion...
Persistent link: https://www.econbiz.de/10012467854
We document a Kuznets curve for construction productivity in 20th-century America. Homes built per construction worker remained stagnant between 1900 and 1940, boomed after World War II, and then plummeted after 1970. The productivity boom from 1940 to 1970 shows that nothing makes technological...
Persistent link: https://www.econbiz.de/10015145139
Should China build mega-cities or a network of linked middle-sized metropolises? Can Europe's mid-sized cities compete with global agglomeration by forging stronger inter-urban links? This paper examines these questions within a model of recombinant growth and endogenous local amenities. Three...
Persistent link: https://www.econbiz.de/10012456877
Why are public-sector workers so heavily compensated with pensions and other non-pecuniary benefits? In this paper, we present a political economy model of shrouded compensation in which politicians compete for taxpayers' and public employees' votes by promising compensation packages, but some...
Persistent link: https://www.econbiz.de/10012459686
After decades of successful growth, economic unions have recently become the focus of heightened political controversy. We argue that this is partly due to the growth of trade between countries that are increasingly dissimilar. We develop a theoretical framework to study the effects on trade,...
Persistent link: https://www.econbiz.de/10012480416
Americans have become considerably more obese over the past 25 years. This increase is primarily the result of consuming more calories. The increase in food consumption is itself the result of technological innovations which made it possible for food to be mass prepared far from the point of...
Persistent link: https://www.econbiz.de/10012469260
We propose a way to formalize the relationship between descriptive analysis and structural estimation. A researcher reports an estimate ĉ of a structural quantity of interest c that is valid under some models. The researcher also reports descriptive statistics γ̂ that estimate features γ of...
Persistent link: https://www.econbiz.de/10012480868
A Bayesian consumer who is uncertain about the quality of an information source will infer that the source is of higher quality when its reports conform to the consumer's prior expectations. We use this fact to build a model of media bias in which firms slant their reports toward the prior...
Persistent link: https://www.econbiz.de/10012467012
The 1990s were an unusually good decade for the largest American cities and, in particular, for the cities of the Midwest. However, fundamentally urban growth in the 1990s looked extremely similar to urban growth during the prior post-war decades. The growth of cities was determined by three...
Persistent link: https://www.econbiz.de/10012470363
We propose a formal definition of transparency in empirical research and apply it to structural estimation in economics. We discuss how some existing practices can be understood as attempts to improve transparency, and we suggest ways to improve current practice, emphasizing approaches that...
Persistent link: https://www.econbiz.de/10012479155