How Do Consumers Finance Increased Retirement Savings?
Taha Choukhmane, MIT Sloan School of Management
Higher retirement savings might not translate into net wealth accumulation if, rather than cutting spending, individuals reduce their...
The Effects of “Buy American”: Electric Vehicles and the Inflation Reduction Act
Joe Shapiro, University of California, Berkeley
We study electric vehicle (EV) tax credits in the US Inflation Reduction Act (IRA), the largest climate policy in US history, with three...
Evaluating the Effects of an Early Literacy Intervention
Pamela Jakiela, Williams College
We conduct a cluster-randomized evaluation of an early literacy intervention that provided Kenyan parents with illustrated children's...
Strategic Avoidance and Welfare Impacts of Solar Panel Tariffs (joint with Bryan Bollinger, Kenneth Gillingham, Drew Vollmer, and Daniel Xu)
Todd Gerarden, Cornell University
This study examines the effects of tariffs imposed by the United States on imported solar panels. We first provide definitive evidence that...
Asymptotic Representations for Sequential Decisions, Adaptive Experiments, and Batched Bandits
Keisuke Hirano, Penn State University
We develop asymptotic approximations that can be applied to sequential estimation and inference problems, adaptive randomized controlled...
The Anatomy of Honesty: Lying Aversion vs. Deception Aversion
Wooyoung Lim, Hong Kong University of Science and Technology
This paper experimentally dissects the preferences for honesty into two components: lying aversion and deception aversion. For a separate...
The Impact of Racial Segregation on College Attainment in Spatial Equilibrium
Victoria Gregory, Federal Reserve Bank of St. Louis
This paper seeks to understand the forces that maintain racial segregation and the Black-White gap in college attainment, as well as their...
International Economics Seminar: Thursday, April 3
Fernando Leibovici, Federal Reserve Bank of St. Louis
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Identification of Nonlinear Dynamic Panels under Partial Stationarity
Rui Wang, Ohio State University
This paper provides a general identification approach for a wide range of nonlinear panel data models, including binary choice, ordered...
Joint SBEE and Economic Development Seminar: Thursday, April 3
Gautam Rao, University of California, Berkeley
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Vertical Integration and Consumer Choice: Evidence from a Field Experiment.
Alexander MacKay, University of Virginia
Many firms, from retailers to investment management companies, offer their own products alongside products sold by competitors. This form of...
Identification and Estimation of Causal Effects in High-Frequency Event Studies
Alessandro Casini, University of Rome Tor Vergata
We provide precise conditions for nonparametric identification of causal effects by high-frequency event study regressions, which have been...
Ideas Rents and Firm Growth with Timo Boppart, Peter Klenow and Reiko Laski
Huiyu Li, Federal Reserve Bank of San Francisco
Which firms drive aggregate growth? Price-earnings ratios differ markedly and persistently across publicly-listed firms. Large differences...
The Long-run Effects of Transportation Productivity on the US Economy
Kerem Coşar, University of Virginia
We quantify the aggregate, regional and sectoral impacts of transportation productivity growth on the US economy over the period 1947-2017....
Measuring the Effects of Aggregate Shocks on Unit-Level Outcomes and Their Distribution (with Stephanie Ettmeier (University of Bonn); Chi Hyun Kim (University of Bonn))
Frank Schorfheide, University of Pennsylvania
This paper studies the effect of aggregate shocks on micro-level outcomes. We develop and estimate a cross-sectional units vector...
The Effects of Widespread Online Education on Market Structure and Enrollment
Nano Barahona, University of California, Berkeley
We examine the rapid growth of Brazil's for-profit online higher education sector and its impact on market structure and enrollment....
An 'Austrian' Model of Global Value Chains
Pol Antràs, Harvard University
I develop a stylized model of multi-stage production in which the time length of each stage is endogenously determined. Letting the...
Joint Labor and Industrial Organization Seminar: Friday, April 25
Christopher Neilson, Yale University
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Nonlinear Fixed Points and Stationarity: Economic Applications
Simone Cerreia-Vioglio, Bocconi University
We consider the fixed points of nonlinear operators that naturally arise in games and general equilibrium models with endogenous networks,...
