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Child Poverty, the Great Recession, and the Social Safety Net in the United...

In this paper, we comprehensively examine the effects of the Great Recession on child poverty, with particular attention to the role of the social safety net in mitigating the adverse effects of shocks...

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Measuring Effects of SNAP on Obesity at the Intensive Margin -- by Lorenzo N....

The effects of the Supplemental Nutrition Assistance Program (SNAP) on obesity have been the focus of much debate. However, causal interpretation of estimates from previous studies, comparing...

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Understanding why black women are not working longer -- by Joanna Lahey

Black women in current cohorts ages 50 to 72 years have lower employment than similar white women, despite having had higher employment when they were middle-aged and younger. Earlier cohorts of older...

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Parental Resources and College Attendance: Evidence from Lottery Wins -- by...

We examine more than one million children whose parents won a state lottery to trace out the effect of additional household resources on college outcomes. The analysis draws on the universe of federal...

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Why Do Estimates of the EMU Effect On Trade Vary so Much? -- by Andrew K. Rose

Larger data sets, with more countries and a longer span of time, exhibit systematically larger effects of European monetary union on trade. I establish this stylized fact with meta-analysis and confirm...

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Aggregate Recruiting Intensity -- by Alessandro Gavazza, Simon Mongey,...

We develop a model of firm dynamics with random search in the labor market where hiring firms exert recruiting effort by spending resources to fill vacancies faster. Consistent with micro evidence, in...

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Globalization, Inequality and Welfare -- by Pol Antras, Alonso de Gortari,...

This paper studies the welfare implications of trade opening in a world in which trade raises aggregate income but also increases income inequality, and in which redistribution needs to occur via a...

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Quality Predictability and the Welfare Benefits from New Products: Evidence...

We explore the consequence of quality unpredictability for the welfare benefit of new products, using recent developments in recorded music as our context. Digitization has expanded consumption...

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Taking Stock of the Evidence on Micro-Financial Interventions -- by Francisco...

We review the empirical evidence on microfinance and asset grants to the ultra poor or microentrepreneurs, and assess our ability to account for this evidence using quantitative theory. Properly...

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Incentives and Ethics in the Economics of Body Parts -- by Nicola Lacetera

Research shows that properly devised economic incentives increase the supply of blood without hampering its safety; similar effects may be expected also for other body parts such as bone marrow and...

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Mismatch Unemployment and the Geography of Job Search -- by Ioana Marinescu,...

Could we significantly reduce U.S. unemployment by helping job seekers move closer to jobs? Using data from the leading employment board CareerBuilder.com, we show that, indeed, workers dislike...

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Applying Behavioral Economics to Public Policy in Canada -- by Robert French,...

Behavioural economics incorporates ideas from Psychology, Sociology, and Neuroscience to better predict how individuals make long-term decisions. Often the ideas adopted include present or inattention...

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Can Cash Transfers Help Households Escape an Inter-Generational Poverty Trap?...

Many poor households in developing countries are liquidity-constrained. As a result, they may under-invest in the human capital of their children. We provide new evidence on the long-term (10-year)...

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Is American Pet Health Care (Also) Uniquely Inefficient? -- by Liran Einav,...

We document four similarities between American human healthcare and American pet care: (i) rapid growth in spending as a share of GDP over the last two decades; (ii) strong income-spending gradient;...

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Public School Quality Valuation Over the Business Cycle -- by Stuart Gabriel,...

Over the years 2000 to 2013, the Los Angeles real estate market featured a boom, a bust, and then another boom. We use this variation to test how the hedonic valuation of school quality varies over the...

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The Rise and Nature of Alternative Work Arrangements in the United States,...

To monitor trends in alternative work arrangements, we conducted a version of the Contingent Worker Survey as part of the RAND American Life Panel in late 2015. The findings point to a significant rise...

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A Doctor Will See You Now: Physician-Patient Relationships and Clinical...

We estimate the effect of physician-patient relationships on clinical decisions in a setting where the treating physician is as good as randomly assigned. OBs are 25% (4 percentage points) more likely...

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The Consequences of Long Term Unemployment: Evidence from Matched...

It is well known that the long-term unemployed fare worse in the labor market than the short-term unemployed, but less clear why this is so. One potential explanation is that the long-term unemployed...

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A Simpler Theory of Optimal Capital Taxation -- by Emmanuel Saez, Stefanie...

This paper develops a theory of optimal capital taxation that expresses optimal tax formulas in sufficient statistics following the methodology of optimal labor income taxation. We first consider a...

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Accounting for Business Cycles -- by Pedro Brinca, V. V. Chari, Patrick J....

We elaborate on the business cycle accounting method proposed by Chari, Kehoe, and McGrattan (2007), clear up some misconceptions about the method, and then apply it to compare the Great Recession...

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