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When is Sovereign Debt Odious? A Theory of Government Repression, Growth Traps, and Growth Boosts

Acharya, Viral V.; Rajan, Raghuram Govind; Shim, Jack - National Bureau of Economic Research - 2022

We examine the dynamics of a country's growth, consumption, and sovereign debt, assuming that the government is myopic and wants to maximize short-term, self-interested spending. Surprisingly, government myopia can increase a country's access to external borrowing. In turn, access to borrowing...

Persistent link: https://www.econbiz.de/10013334513

How Credible is the Credibility Revolution?

Lang, Kevin - National Bureau of Economic Research - 2023

When economists analyze a well-conducted RCT or natural experiment and find a statistically significant effect, they conclude the null of no effect is unlikely to be true. But how frequently is this conclusion warranted? The answer depends on the proportion of tested nulls that are true and the...

Persistent link: https://www.econbiz.de/10014372423

Language Models and Cognitive Automation for Economic Research

Korinek, Anton - National Bureau of Economic Research - 2023

Large language models (LLMs) such as ChatGPT have the potential to revolutionize research in economics and other … disciplines. I describe 25 use cases along six domains in which LLMs are starting to become useful as both research assistants and … tutors: ideation, writing, background research, data analysis, coding, and mathematical derivations. I provide general …

Persistent link: https://www.econbiz.de/10014226154

Voluntary Emission Restraints in Developing Economies : The Role of Trade Policy

Caliendo, Lorenzo; Dolabella, Marcelo; Moreira, … - National Bureau of Economic Research - 2024

We study the role of trade policy in one of the most pressing climate policy challenges that developing countries face: meeting voluntary emission restraints (VERs). To do so, we develop a general equilibrium trade model that extends Caliendo and Parro (2015) in three dimensions. First, we model...

Persistent link: https://www.econbiz.de/10014544737

Ph.D. Publication Productivity : The Role of Gender and Race in Supervision in South Africa

Rossello, Giulia; Cowan, Robin A.; Mairesse, Jacques - National Bureau of Economic Research - 2023

We study whether student-advisor gender and race composition matters for publication productivity of Ph.D. students in South Africa. We consider all Ph.D. students in STEM graduating between 2000 and 2014, after the recent systematic introduction of doctoral programs in this country. We...

Persistent link: https://www.econbiz.de/10014322734

AGING IN STYLE : Seniority and Sentiment in Scholarly Writing

Kosnik, Lea-Rachel; Hamermesh, Daniel S. - National Bureau of Economic Research - 2023

The scholarly impact of academic research matters for academic promotions, influence, relevance to public policy, and … research. Nobel laureates' scholarly writing evinces less certainty about the conclusions of their research than that of other …

Persistent link: https://www.econbiz.de/10014250168

Why Do Older Scholars Slow Down?

Hamermesh, Daniel S.; Kosnik, Lea-Rachel - National Bureau of Economic Research - 2023

Using data describing all "Top 5" economics journal publications from 1969-2018, we examine what determines which authors produce less as they age and which retire earlier. Sub-field has no impact on the rate of production, but interacts with it to alter retirement probabilities. A positive,...

Persistent link: https://www.econbiz.de/10014250192

Structural Transformation and Value Change : The British Abolitionist Movement

Figueroa, Valentin; Fouka, Vasiliki - National Bureau of Economic Research - 2023

What drives change in a society's values? From Marx to modernization theory, scholars have identified a connection between structural transformation and social change. To understand how changes in a society's dominant mode of production affect its dominant values, we examine the case of the...

Persistent link: https://www.econbiz.de/10014372465

Unpacking Social Capital

Durante, Ruben; Mastrorocco, Nicola; Minale, Luigi; … - National Bureau of Economic Research - 2023

We use novel and unique survey data from Italy to shed light on key questions regarding the measurement of social capital and the use of social capital indicators for empirical work. Our data cover a sample of over 600,000 respondents interviewed between 2000 and 2015. We identify four distinct...

Persistent link: https://www.econbiz.de/10014248001

Optimal Income Taxation

Kaplow, Louis - National Bureau of Economic Research - 2022

This article explores subjects in optimal income taxation characterized by recent research interest, practical …

Persistent link: https://www.econbiz.de/10013334417

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