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Aghion, Van Reenen and Zingales (2013) find that institutional ownership causes an increase in innovation as measured by citation-weighted patent counts. To identify a causal effect, they use membership in the S&P 500 as an instrument for institutional ownership in a panel regression. We first...
Persistent link: https://www.econbiz.de/10014547713
Pop-Eleches and Urquiola (2013) apply a regression discontinuity to the Romanian secondary school system, and notably find that (a) students who go to a better school get higher scores on an exam used for university admission, (b) parents of students who get into a better school help their kids...
Persistent link: https://www.econbiz.de/10014547804
Cloyne (2013) constructs a novel dataset documenting fiscal tax shocks in the United Kingdom using the narrative approach developed by Romer and Romer (2010), and estimates the impact of tax changes on GDP. He finds that a tax cut of one percent of GDP causes a 0.6 percent increase in output in...
Persistent link: https://www.econbiz.de/10014547815
Naidu and Yuchtman (2013) find that labor demand shocks in 19th-century Britain had an impact on master and servant prosecutions, as breaking an employee contract was a criminal offense until 1875. We first reproduce all regression tables in Naidu and Yuchtman (2013) and then test for robustness...
Persistent link: https://www.econbiz.de/10014547852
In New York City (NYC), it has been a common complaint that it is difficult to find a taxi in the rain. Using all Uber rides in NYC from April to September 2014 and January to June 2015, we show that the number of Uber rides is significantly correlated with whether it rained. The number of Uber...
Persistent link: https://www.econbiz.de/10011494358
We perform an empirical investigation of the socioeconomic determinants and consequences of all mass shootings in the U.S. from 2000 to 2015. We first manually search for and collect information on perpetrators. We find that approximately 40% (45%) of shooters were in financial distress...
Persistent link: https://www.econbiz.de/10012179921
In this ongoing project, we examine the short-term consequences of COVID- 19 on employment and wages in the United States. Guided by a pre-analysis plan, we document the impact of COVID-19 at the national-level using a simple difference and test whether states with relatively more confirmed...
Persistent link: https://www.econbiz.de/10012202735
A large literature documents persistent impacts of formal historical institutions. However, very little is known about how these institutions interact with ancestral traditions to determine long-term economic and social outcomes. This paper addresses this question by studying the persistent...
Persistent link: https://www.econbiz.de/10012207786
What is the response of US governors to the COVID-19 pandemic? In this research note, we explore the determinants of implementing stay-at-home orders, focusing on governors' characteristics. In our most conservative estimate, being a Democratic governor increases the probability of implementing...
Persistent link: https://www.econbiz.de/10012207818
In this ongoing project, we examine the short-term consequences of COVID-19 on employment and wages in the United States. Guided by a pre-analysis plan, we document the impact of COVID-19 at the national-level using a simple difference and test whether states with relatively more confirmed...
Persistent link: https://www.econbiz.de/10012207840