综合经济学
Existence theory in economics is usually in real domains such as the findings of chaotic trajectories in models of economic growth, tatonnement, or overlapping generations models. Computational examples, however, sometimes converge rapidly…
Considering collaborative patent development, we provide micro-level evidence for innovation through exchanges of differentiated knowledge. Knowledge embodied in a patent is proxied by word pairs appearing in its abstract, while novelty is…
It has long been assumed that inheritances, particularly large ones, have a negative effect on the labor supply of inheritors. Using Norwegian registry data, I examine the inheritance-induced decline in inheritors' wages and occupational…
The August 2022 Alaska Special Election for US House contained many interesting features from the perspective of social choice theory. This election used instant runoff voting (often referred to as ranked choice voting) to elect a winner,…
Using machine learning methods in a quasi-experimental setting, I study the heterogeneous effects of introducing waste prices - unit prices on household unsorted waste disposal on - waste demands, municipal costs and pollution. Using a…
The fast-growing, market-driven demand for cryptocurrencies worries central banks, as their monetary policy could be completely undermined. Central bank digital currencies (CBDCs) could offer a solution, yet our understanding of their…
A common assumption in the literature is that the level of income inequality shapes individuals' beliefs about whether the income distribution is fair (``fairness views,'' for short). However, individuals do not directly observe income…
Why is the U.S. industry-level productivity dispersion countercyclical? Theoretically, we build a duopoly model in which heterogeneous R&D costs determine firms' optimal behaviors and the equilibrium technology gap after a negative profit…
In the United States, large post-industrial cites such as Detroit are well-known for high levels of socioeconomic deprivation. But while Detroit is an exceptional case, similar levels of deprivation can still be found in other large cities,…
This paper provides a comprehensive examination of a Brazilian corporate tax reform targeted at the sector and product level. Difference-in-differences estimates instrumented by sector eligibility show that a 20 percentage point cut on…
Introduction: Since inception, the United States (US) Food and Drug Administration (FDA) has kept a robust record of regulated medical devices (MDs). Based on these data, can we gain insight into the innovation dynamics of the industry,…
In this paper, we use deep learning to estimate living conditions in India. We use both census and surveys to train the models. Our procedure achieves comparable results to those found in the literature, but for a wide range of outcomes.
This study aims to enrich the current literature by providing a new approach to motivating Generation Z employees in Poland. Employees need to be motivated in order to be efficient at doing a particular task at the workplace. As young…
The introduction of new payment methods has resulted in one of the most significant changes in the way we consume goods and services. In this paper, I present results of a field and a laboratory experiment designed to determine the effect…
We quantitatively explore the impact of social security reforms in Japan, which is facing rapid aging and the highest government debt among developed countries, using an overlapping generations model with four types of agents distinguished…
The COVID-19 pandemic has significantly influenced all modes of transportation. However, it is still unclear how the pandemic affected the demand for ridesourcing services and whether these effects varied between small towns and large…
The Fisher and GEKS are celebrated as ideal bilateral and multilateral indexes due to their superior axiomatic and econ-theoretic properties. The Fisher index is the main index used for constructing CPI by statistical agencies and the GEKS…
Transforming the construction sector is key to reaching net-zero, and many stakeholders expect its decarbonization through digitalization. But no quantified evidence has been brought to date. We propose the first environmental…
I offer reflections on adaptation to climate change, with emphasis on developing areas.
This paper formulates and solves the optimal stopping problem for a loan made to one's self from a tax-advantaged retirement account such as a 401(k), 403(b), or 457(b) plan. If the plan participant has access to an external asset with a…