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Çelebi, Oğuzhan; Flynn, Joel P. - National Bureau of Economic Research - 2025

uniquely implement the ex post optimal allocation. The ubiquitous priority and quota mechanisms are optimal if and only if the …

Persistent link: https://www.econbiz.de/10015438260

Secular Labor Reallocation and Business Cycles

Chodorow-Reich, Gabriel - 2016

We study the effect of mean-preserving labor reallocation on business cycle outcomes. We develop an empirical methodology using a local area's exposure to industry reallocation based on the area's initial industry composition and employment trends in the rest of the country over a full...

Persistent link: https://www.econbiz.de/10012456808

Financial Integration and Growth in a Risky World

Coeurdacier, Nicolas - 2015

aggregate uncertainty. Our framework accounts simultaneously for gains from a more efficient capital allocation and gains from …

Persistent link: https://www.econbiz.de/10012456854

State Taxes and Spatial Misallocation

Fajgelbaum, Pablo D. - 2015

We study state taxes as a potential source of spatial misallocation in the United States. We build a spatial general equilibrium framework that incorporates salient features of the U.S. state tax system, and use changes in state tax rates between 1980 and 2010 to estimate the model parameters...

Persistent link: https://www.econbiz.de/10012456911

Trading Votes for Votes. A Decentralized Matching Algorithm

Casella, Alessandra - 2015

three central questions that have parallels in the matching literature: (1) Does a stable allocation of votes always exists … stable allocation exists and is always reached in a finite number of trades, for any number of voters and issues, for any … allocation achieved via sequential pairwise trades, but lends only weak support to the dynamic algorithm itself …

Persistent link: https://www.econbiz.de/10012457024

Does Development Aid Undermine Political Accountability? Leader and Constituent Responses to a Large-Scale Intervention

Guiteras, Raymond P. - 2015

treatments to encourage investments in improved sanitation. In one intervention where the leaders' role in program allocation was …

Persistent link: https://www.econbiz.de/10012457234

The Impact of War on Resource Allocation : 'Creative Destruction' and the American Civil War

Khan, B. Zorina - 2015

changes in incentives, wars can effect substantial changes in the allocation of resources, even within a decentralized …

Persistent link: https://www.econbiz.de/10012457722

Sorting Between and Within Industries : A Testable Model of Assortative Matching

Abowd, John M. - 2014

We test for sorting of workers between and within industrial sectors in a directed search model with coordination frictions. We fit the model to sector-specific vacancy and output data along with publicly-available statistics that characterize the distribution of worker and employer wage...

Persistent link: https://www.econbiz.de/10012458196

Export Markets and Labor Allocation in a Low-income Country

McCaig, Brian - 2014

We study the effects of a positive export shock on labor allocation between the informal, microenterprise sector and …

Persistent link: https://www.econbiz.de/10012458213

Reallocation in the Great Recession : Cleansing or Not?

Foster, Lucia - 2014

The high pace of reallocation across producers is pervasive in the U.S. economy. Evidence shows this high pace of reallocation is closely linked to productivity. While these patterns hold on average, the extent to which the reallocation dynamics in recessions are "cleansing" is an open question....

Persistent link: https://www.econbiz.de/10012458240