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We use two surveys to assess why work from home (WFH) varies so much across countries and people. A measure of cultural individualism accounts for about one-third of the cross-country variation in WFH rates. Australia, Canada, the UK, and the US score highly on individualism and WFH rates,...
Persistent link: https://www.econbiz.de/10014528413
Are labor markets in higher-income countries more meritocratic, in the sense that worker-job matching is based on skills rather than idiosyncratic attributes unrelated to productivity? If so, why? And what are the aggregate consequences? Using internationally comparable data on worker skills and...
Persistent link: https://www.econbiz.de/10014528414
In 2020, local governments in China began issuing digital coupons to stimulate spending in targeted categories such as restaurants and supermarkets. Using data from a large e-commerce platform and a bunching estimation approach, we find that the coupons caused large increases in spending of...
Persistent link: https://www.econbiz.de/10014528415
Does international trade affect the growth of cities, and vice versa? Assembling disaggregate data for four countries, we document a novel stylized fact: Export activity is disproportionately concentrated in larger cities - even more so than overall economic activity. We rationalize this fact by...
Persistent link: https://www.econbiz.de/10014528416
Research on centralized school assignment mechanisms often focuses on whether parents who participate in specific mechanisms are likely to truthfully report their preferences or engage in various costly strategic behaviors. However, a growing literature suggests that parents may not know enough...
Persistent link: https://www.econbiz.de/10014528417
We document novel survey-based facts on preferred long-run inflation rates among U.S. consumers. Consumers on average prefer a 0.20% annual inflation rate, considerably below the Federal Reserve's 2% target. Inflation preferences not only correlate with demographic and socioeconomic...
Persistent link: https://www.econbiz.de/10014528418
We examine the labor supply impact of a 2016 policy that allows retirement-eligible individuals covered by Peru's private pension system to receive retirement benefits as a lump sum rather than as an annuity. We present a theoretical model predicting that, for liquidity constrained workers, the...
Persistent link: https://www.econbiz.de/10014528419
We present an approach for automatically generating and testing, in silico, social scientific hypotheses. This automation is made possible by recent advances in large language models (LLM), but the key feature of the approach is the use of structural causal models. Structural causal models...
Persistent link: https://www.econbiz.de/10014528420
Social protection programs have become increasingly widespread in low- and middle-income countries, with their own distinct characteristics to match the environments in which they are operating. This paper reviews the growing literature on the design and impact of these programs. We review how...
Persistent link: https://www.econbiz.de/10014528421
We create a dataset of 14,000 hand-coded help-wanted advertisements placed by employment agencies in three U.S. newspapers in 1950 and 1960, a time when help-wanted advertisements were divided into male and female sections, and collect information on agency ownership. We find that female-owned...
Persistent link: https://www.econbiz.de/10014528422