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Michalopulos, Stelios; Rauh, Christopher - National Bureau of Economic Research - 2024

Why are certain movies more successful in some markets than others? Are the entertainment products we consume reflective of our core values and beliefs? These questions drive our investigation into the relationship between a society's oral tradition and the financial success of films. We combine...

Persistent link: https://www.econbiz.de/10014512074

Social Security Claiming Intentions : Psychological Ownership, Loss Aversion, and Information Displays

Shu, Suzanne B.; Payne, John W. - National Bureau of Economic Research - 2023

For many Americans the question of when to claim Social Security benefits is one of the most consequential financial decisions they will ever face. While acknowledging that individuals differ in terms of optimal timing for starting Social Security benefits, many economists argue that an average...

Persistent link: https://www.econbiz.de/10014322886

Joblessness and Perceptions about the Effectiveness of Democracy

Altindag, Duha Tore - 2010

Using micro data on more than 130,000 individuals from 69 countries, we analyze the extent to which joblessness of the individuals and the prevailing unemployment rate in the country impact perceptions of the effectiveness of democracy. We find that personal joblessness experience translates...

Persistent link: https://www.econbiz.de/10012462659

What Do Consumers Believe About Future Gasoline Prices?

Anderson, Soren T. - 2011

A full understanding of how gasoline prices affect consumer behavior frequently requires information on how consumers forecast future gasoline prices. We provide the first evidence on the nature of these forecasts by analyzing two decades of data on gasoline price expectations from the Michigan...

Persistent link: https://www.econbiz.de/10012461678

Automating Automaticity : How the Context of Human Choice Affects the Extent of Algorithmic Bias

Agan, Amanda Y.; Davenport, Diag; Ludwig, Jens; … - National Bureau of Economic Research - 2023

Consumer choices are increasingly mediated by algorithms, which use data on those past choices to infer consumer preferences and then curate future choice sets. Behavioral economics suggests one reason these algorithms so often fail: choices can systematically deviate from preferences. For...

Persistent link: https://www.econbiz.de/10014226178

The Political Economy of a "Miracle Cure" : The Case of Nebulized Ibuprofen and its Diffusion in Argentina

Calónico, Sebastian; Di Tella, Rafael; Lopez del … - National Bureau of Economic Research - 2023

We document the diffusion of nebulized ibuprofen in Argentina as a treatment for COVID-19. As the pandemic spread, this clinically unsupported drug reached thousands of patients, even some seriously ill, despite warnings by the regulator and medical societies. Detailed daily data on deliveries...

Persistent link: https://www.econbiz.de/10014421206

Why Do We Dislike Inflation?

Stantcheva, Stefanie - National Bureau of Economic Research - 2024

This paper provides new evidence on a long-standing question asked by Shiller (1997): Why do we dislike inflation? I conducted two surveys on representative samples of the US population to elicit people's perceptions about the impacts of inflation and their reactions to it. The predominant...

Persistent link: https://www.econbiz.de/10014528340

Utilitarianism and Horizontal Equity : The Case for Random Taxation

Stiglitz, Joseph E. - 1981

This paper establishes that, far from being able to derive the principle of horizontal equity from utilitarianism, the … principle is actually in- consistent with utilitarianism in a variety of circumstances. We derive conditions under which (a) it … principle of horizontal equity may be inconsistent not only with utilitarianism but even with Pareto optimality …

Persistent link: https://www.econbiz.de/10012478424

Can the Unemployed Borrow? Implications for Public Insurance

Braxton, J. Carter - 2020

We show that unemployed individuals maintain significant access to credit. Following job loss, the unconstrained borrow, while the constrained default and delever. Both defaulters and borrowers are using credit to smooth consumption. We quantitatively show that long-term credit relationships and...

Persistent link: https://www.econbiz.de/10012481983

Spreading the Wealth Around : Reflections Inspired by Joe the Plumber

Mankiw, N. Gregory - 2010

This essay discusses the policy debate concerning optimal taxation and the distribution of income. It begins with a brief overview of trends in income inequality, the leading hypothesis to explain these trends, and the distribution of the tax burden. It then considers the framework that...

Persistent link: https://www.econbiz.de/10012462806

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