综合经济学
Recent studies in psychology and neuroscience offer systematic evidence that fictional works exert a surprisingly strong influence on readers and have the power to shape their opinions and worldviews. Building on these findings, we study…
Two decades of studies have found significant regional differences in the timing of transitions in national business cycles and their durations. Earlier studies partly detect regional synchronization during business cycle expansions and…
Agent-Based Models (ABM) are computational scenario-generators, which can be used to predict the possible future outcomes of the complex system they represent. To better understand the robustness of these predictions, it is necessary to…
The aggregate ability of child care providers to meet local demand for child care is linked to employment rates in many sectors of the economy. Amid growing concern regarding child care provider sustainability due to the COVID-19 pandemic,…
Is the typical specification of the Euler equation for investment employed in DSGE models consistent with aggregate macro data? Using state-of-the-art econometric methods that are robust to weak instruments and exploit information in…
A meta-analysis of published estimates shows that the social cost of carbon has increased as knowledge about climate change accumulates. Correcting for inflation and emission year and controlling for the discount rate, kernel density…
The UK Welfare Reform Act 2012 imposed a series of deep welfare cuts, which disproportionately affected ex-ante poorer areas. In this paper, we provide the first evidence of the impact of these austerity measures on two different but…
We measure bond and stock conditional return volatility as a function of changes in sentiment, proxied by six indicators from the Tel Aviv Stock Exchange. We find that changes in sentiment affect conditional volatilities at different…
Economic models with input-output networks assume that firm or sector (unit) growth is driven by a weighted sum of trade partners' growth and an independently-drawn idiosyncratic shock. I show that the idiosyncratic risk assumption in a…
The paper contains the online supplementary materials for "Data-Driven Prediction and Evaluation on Future Impact of Energy Transition Policies in Smart Regions". We review the renewable energy development and policies in the three…
How accurately can behavioral scientists predict behavior? To answer this question, we analyzed data from five studies in which 640 professional behavioral scientists predicted the results of one or more behavioral science experiments. We…
With some of the world's most ambitious renewable energy (RE) growth targets, especially when normalized for scale, India aims more than quadrupling wind and solar by 2030. Simultaneously, coal dominates the electricity grid, providing…
How do severe shocks such as war alter the economy? We study how a country's production network is affected by a devastating but localized conflict. Using unique transaction-level data on Ukrainian railway shipments around the start of the…
In this paper we examine the mechanism proposed by Buterin, Hitzig, and Weyl (2019) for public goods financing, particularly regarding its matching funds requirements, related efficiency implications, and incentives for strategic behavior.…
In recent years, the Marginal Value of Public Funds (MVPF) has become a popular tool for conducting cost-benefit analysis; the MVPF relies on the ratio of willingness-to-pay for a policy divided by its net fiscal cost. The MVPF gives…
In this paper, we compare different methods to extract skill requirements from job advertisements. We consider three top-down methods that are based on expert-created dictionaries of keywords, and a bottom-up method of unsupervised topic…
The purpose of this paper is to investigate if a country quality of governance moderates the effect of natural disasters on startup activity within that country. We test our hypotheses using a panel of 95 countries from 2006 to 2016. Our…
Debt aversion can have severe adverse effects on financial decision-making. We propose a model of debt aversion, and design an experiment involving real debt and saving contracts, to elicit and jointly estimate debt aversion with…
The purpose of this research was to identify commonly adopted SAPs and their adoption among Kentucky farmers. The specific objectives were to explore farmers' Perceptions about farm and farming practice sustainability, to identify…
In the aftermath of the Great Recession, the regulatory framework for credit union operations has become a subject of controversy. Competing financial enterprises such as thrifts and other banks have argued that credit unions have received…