|
|
- Doing More with Less: Predicting Primary Care Provider Effectiveness
-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 289 - 305
Abstract: AbstractWe use data from the Veterans Administration to examine the efficacy of primary care providers (PCPs). Leveraging quasi-random assignment of veterans to PCPs, we measure effectiveness using ambulatory care sensitive conditions (ACSC) and hospitalizations/emergency department (ED) visits for mental health or circulatory conditions. PCPs’ variation along these dimensions predicts future outcomes. For example, a 1 standard deviation improvement in mental health effectiveness reduces patient risk of death by 3.8% and lowers costs by 4.4% over the next three years. More effective PCPs do more with less: their patients have fewer primary care visits, specialist referrals, lab panels, or imaging tests.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01290
Issue No: Vol. 107, No. 2 (2025)
- Breaking the Links: Natural Resource Booms and Intergenerational Mobility
-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 306 - 323
Abstract: AbstractThis paper demonstrates that a large economic shock such as an oil boom increases intergenerational earnings mobility among directly affected men, mostly through increased bottom-up mobility, but not for women. Preexisting local differences in mobility or shifts in the earnings distributions do not drive these findings. Instead, changes in relative earnings paid to workers with different skills offer the best explanation. Moreover, we document that intergenerational mobility is significantly higher for the indirectly affected third generation and that the oil boom broke the earnings link between first- and third-generation men.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01256
Issue No: Vol. 107, No. 2 (2025)
- Bringing Them In or Pushing Them Out' The Labor Market Effects of
Pro-Cyclical Unemployment Assistance Changes-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 324 - 337
Abstract: AbstractWe exploit an unanticipated labor market reform to estimate the effects of procyclical changes in long-term unemployment assistance (UA). In July 2012, Spain raised the minimum age to receive unlimited-duration UA from 52 to 55. Using a difference-in-differences design, we document that shorter benefits caused (1) shorter unemployment duration, especially among younger workers; (2) higher labor force exit and other programs’ take-up, especially among older workers; and (c) lower wages upon reemployment. The reform induced moderate government savings. Our results highlight the importance of considering the interplay with labor market conditions when designing long-term benefit schedules that affect workers close to retirement.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01310
Issue No: Vol. 107, No. 2 (2025)
- Job Market Signaling through Occupational Licensing
-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 338 - 354
Abstract: AbstractAmong men, the Black-White wage gap is as large today as it was in 1950. We test whether this gap is due to asymmetric information using newly collected data on occupational licensing laws that ban workers with criminal records. We find evidence supporting this hypothesis. The licensing premiums for Black men are largest in licensed occupations that restrict felons, particularly in states with banthe-box laws and at small businesses. In these contexts where a worker’s criminal history is difficult to infer, we find that occupational licensing reduces asymmetric information and reduces the racial wage gap.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01265
Issue No: Vol. 107, No. 2 (2025)
- Signals, Information, and the Value of College Names
-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 355 - 371
Abstract: AbstractColleges can send signals about their quality by adopting new, more alluring names. We study how this affects college choice and labor market performance of college graduates. Administrative data show name-changing colleges enroll higher-aptitude students, with larger effects for alluring-but-misleading name changes and among students with less information. A large resume audit study suggests a small premium for new college names in most jobs, and a significant penalty in lower-status jobs. We characterize student and employer beliefs using web-scraped text, surveys, and other data. Our study shows signals designed to change beliefs can have real, lasting impacts on market outcomes.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01277
Issue No: Vol. 107, No. 2 (2025)
- Identity Verification Standards in Welfare Programs: Experimental Evidence
from India-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 372 - 392
Abstract: AbstractWe study the impact of reforms that introduced more stringent, biometric ID requirements into India’s largest social protection program, using large-scale randomized and natural experiments. Corruption fell but with substantial costs to legitimate beneficiaries, 1.5–2 million of whom lost access to benefits at some point during the reforms. At the same time, adverse effects appear to have been driven primarily by decisions about the way the transition was managed, illustrating both the risks of rapid reforms, and how the impacts of promising new technologies can be highly sensitive to the protocols governing their use.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01296
Issue No: Vol. 107, No. 2 (2025)
- The Impact of Return Migration on Economic Development
-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 393 - 407
Abstract: AbstractMexican migration to the United States—one of the largest flows in human history—inverted in the late 2000s, and during the next decade more Mexicans returned home than those who migrated north. We exploit this historical reversal to estimate the effects of return migration on economic development in Mexico. We find that return migration leads to higher levels of development through improved income, labor, health, and educational outcomes. Our findings suggest that the benefits of migration extend beyond individuals’ tenure abroad, as accumulated capital, skills, and social norms have the potential to contribute to development back home.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01273
Issue No: Vol. 107, No. 2 (2025)
- Selecting Top Bureaucrats: Admission Exams and Performance in Brazil
-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 408 - 425
Abstract: AbstractIn the absence of strong incentives, public service delivery is crucially dependent on bureaucrat selection. Despite wide adoption by governments, it is unclear whether civil service examinations reliably select for job performance. We investigate this question focusing on state judges in Brazil. Exploring monthly data on judicial output and cross-court movement, we estimate that judges account for at least 23% of the observed variation in the number of cases disposed. With novel data on admission examinations, we show that judges with higher grades perform better than lower-ranked peers. Our results suggest competitive examinations can be an effective way to screen candidates.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01311
Issue No: Vol. 107, No. 2 (2025)
- Improving Estimates of Transitions from Satellite Data: A Hidden Markov
Model Approach-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 426 - 441
Abstract: AbstractSatellite-based image classification facilitates low-cost measurement of the Earth’s surface composition. However, misclassified imagery can lead to misleading conclusions about transition processes. We propose a correction for transition rate estimates based on the econometric measurement error literature to extract the signal (truth) from its noisy measurement (satellite-based classifications). No ground-truth data are required in the implementation. Our proposed correction produces consistent estimates of transition rates, confirmed by longitudinal validation data, while transition rates without correction are severely biased. Using our approach, we show how eliminating deforestation in Brazil’s Atlantic forest region through 2040 could save $100 billion in CO2 emissions.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01301
Issue No: Vol. 107, No. 2 (2025)
- Identifying Beliefs in Continuous-Action Dynamic Models: An Application to
the U.S. SO 2 Allowance Market-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 442 - 457
Abstract: AbstractI propose a new method of identifying firms’ subjective beliefs in dynamic models. In settings where actions are continuous and substitutable in contributing to an endogenous state, I show how beliefs about exogenous state transitions can be separately identified from static payoffs. Applying this method to identifying beliefs about future SO2 allowance prices in the U.S. Acid Rain Program, I find that electric utilities underestimate the movements in the allowance price, leading to compliance strategies that respond too slowly to changing market conditions. Biased beliefs increase an average utility’s compliance cost by equivalently 11.2% of its profits.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01270
Issue No: Vol. 107, No. 2 (2025)
- Subsidy Phase-Out and Consumer Demand Dynamics: Evidence from the Battery
Electric Vehicle Market in China-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 458 - 475
Abstract: AbstractThis article quantifies the impact of the battery electric vehicle subsidy program in China. We build a structural model of dynamic demand and Bertrand Nash supply to study price elasticity and changes in production costs. The model highlights four channels through which the subsidy program impacts the market: temporal elasticity, in response to a current price change; intertemporal elasticity, in response to a future price change; and multiplication effects through peer and learning by doing. Combining these estimates, we simulate outcomes under four subsidy schemes and find a phase-out policy could be the most cost-effective while achieving higher sales promotion compared with alternative policies that provide larger subsidies over more prolonged periods.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01295
Issue No: Vol. 107, No. 2 (2025)
- Subway, Collaborative Matching, and Innovation
-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 476 - 493
Abstract: AbstractUsing rapid expansion of the Beijing subway from 2000 to 2018, we analyze its impact on collaborative matches in innovations. We find that an hour reduction in travel time between a pair of locations in Beijing brought 14.85% to 37.69% increase in collaborated patents. Far-apart location pairs were more affected, and the local average causal response is approximately 34.92% to 82.29%. The effect is mainly driven by increased matches among highly productive innovators. The entry of new innovators, relocation of existing innovators, and collaborations among low-productive innovators also contribute to the increase in collaborative matches, especially in the long run.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01279
Issue No: Vol. 107, No. 2 (2025)
- Competition and Quality: Evidence from High-Speed Railways and Airlines
-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 494 - 509
Abstract: AbstractThe entry of High-Speed Railways (HSR) represents disruptive competition to airlines. Utilizing a unique dataset of all flights departing from Beijing to 113 domestic destinations in China since January 2009, we employ a difference-in-differences approach to examine the effects of HSR entry on on-time performance and to identify the channels. We document two main findings. First, the entry of HSR leads to significant reductions in the mean and variance of travel delays on the affected airline routes. Second, the reductions in departure delays and taxi-in times at the destination airports are identified as the main channels.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01294
Issue No: Vol. 107, No. 2 (2025)
- Intra-Household Frictions, Anchoring, and the Credit Card Debt Puzzle
-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 510 - 522
Abstract: AbstractI study how intra-household frictions and anchoring contribute to the credit card debt puzzle, the co-holding of high-cost debt, and low-yield liquid assets. First, I find couples co-hold 42% more as units than as individuals relative to income. Moreover, in a natural experiment, couples do not cooperate to reduce high-cost debt, suggesting that intra-household frictions contribute to co-holding. Second, I find individuals who regularly make credit card debt payments equal to or near the minimum account for 59% of individual co-holding. The evidence suggests anchoring to the minimum payment contributes to co-holding via these low payments.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01264
Issue No: Vol. 107, No. 2 (2025)
- ℓ 2 -Relaxation: With Applications to Forecast Combination and
Portfolio Analysis-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 523 - 538
Abstract: AbstractWe propose ℓ2-relaxation, which is a novel convex optimization problem, to tackle a forecast combination with many forecasts or a minimum variance portfolio with many assets. ℓ2-relaxation minimizes the squared Euclidean norm of the weight vector subject to a set of relaxed linear inequalities to balance the bias and variance. It delivers optimality with approximately equal within-group weights when latent block equicorrelation patterns dominate the high-dimensional sample variance-covariance matrix of the individual forecast errors or the assets. Its wide applicability is highlighted in three real data examples in microeconomics, macroeconomics, and finance.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01261
Issue No: Vol. 107, No. 2 (2025)
- Measuring Group Cohesion to Reveal the Power of Social Relationships in
Team Production-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 539 - 554
Abstract: AbstractWe introduce group cohesion to study the economic relevance of social relationships in team production. We operationalize measurement of group cohesion, adapting the “oneness scale” from psychology. A series of experiments, including a preregistered replication, reveals strong, positive associations between group cohesion and performance assessed in weak-link coordination games, with high-cohesion groups being likely to achieve superior equilibria. In exploratory analysis, we identify beliefs rather than social preferences as the primary mechanism through which factors proxied by group cohesion influence group performance. Our evidence provides proof of concept for group cohesion as a useful tool for economic research and practice.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01283
Issue No: Vol. 107, No. 2 (2025)
- Public Leaderboard Feedback in Sampling Competition: An Experimental
Investigation-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 555 - 569
Abstract: AbstractWe investigate the role of performance feedback, in the form of a public leaderboard, in a sequential-sampling contest with costly observations. We show theoretically that for contests with a fixed ending date (i.e., finite horizon), providing public performance feedback may result in fewer expected observations and a lower expected value of the winning observation. We conduct a controlled laboratory experiment to test the theoretical predictions and find that the experimental results largely support the theory. In addition, we investigate how individual characteristics affect competitive sequential-sampling activity.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01259
Issue No: Vol. 107, No. 2 (2025)
- Focused Interventions and Test Score Fade-Out
-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 570 - 579
Abstract: AbstractAn administrative rule in North Carolina allowed students who failed an exam to retake it approximately two weeks later, triggering a brief yet intense test preparation period. We develop a structural model that accounts for selection and find that these students score much higher on the retest. Using a regression discontinuity design, we find substantial fade-out of the test score gains after one year but some persistence thereafter. Unlike other interventions that produce similar initial increases in performance, we do not observe benefits to long-term outcomes. Our findings highlight that persistence should be accounted for when comparing educational interventions.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01299
Issue No: Vol. 107, No. 2 (2025)
- The Value of Managers’ Export Experience: Lessons from the Angolan
Civil War-
Free pre-print version: Loading...
Rate this result:
What is this?
Please help us test our new pre-print finding feature by giving the pre-print link a rating.
A 5 star rating indicates the linked pre-print has the exact same content as the published article.
Pages: 580 - 587
Abstract: AbstractWe investigate how managers help firms grow by entering a new export market. We conduct an event study on the decision to export to Angola using data on Portuguese firms and workers. We evaluate the impact of the presence of managers with experience in exporting to the Angolan market on a firm’s entry success in the aftermath of an exogenous shock: the sudden end of the Angolan civil war. We show that the presence of managers doubles the probability of a firm entering the market. We do not find any significant impact on the intensive margin of exports.
PubDate: Wed, 12 Mar 2025 00:00:00 GMT
DOI: 10.1162/rest_a_01278
Issue No: Vol. 107, No. 2 (2025)
|
Hybrid journal (It can contain Open Access articles)
