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Outputs (648)

Who Looks after the Kids? The Effects of Childcare Choice on Early Childhood Development in China (2021)
Journal Article
Zhang, J., Appleton, S., Song, L., & Liu, B. (2021). Who Looks after the Kids? The Effects of Childcare Choice on Early Childhood Development in China. Oxford Bulletin of Economics and Statistics, 83(3), 619-640. https://doi.org/10.1111/obes.12410

This paper examines whether childcare choice affects the early childhood development of children aged 7-59 months. Using the data from Chinese Family Panel Surveys, we look at household choices between parental and grandparental cares and the timing... Read More about Who Looks after the Kids? The Effects of Childcare Choice on Early Childhood Development in China.

Redenomination risk in eurozone corporate bond spreads (2021)
Journal Article
Bleaney, M., & Veleanu, V. (2021). Redenomination risk in eurozone corporate bond spreads. European Journal of Finance, 27(13), 1303-1325. https://doi.org/10.1080/1351847x.2021.1882524

We investigate the risk spillover from euro area government bond spreads (relative to a safe German government bond of similar maturity) to nonfinancial corporate bonds in France, the Netherlands (‘hard’ euro-area countries), and Italy, Portugal and... Read More about Redenomination risk in eurozone corporate bond spreads.

The association between gambling and financial, social and health outcomes in big financial data (2021)
Journal Article
Muggleton, N., Parpart, P., Newall, P., Leake, D., Gathergood, J., & Stewart, N. (2021). The association between gambling and financial, social and health outcomes in big financial data. Nature Human Behaviour, 5, 319-326. https://doi.org/10.1038/s41562-020-01045-w

Gambling is an ordinary pastime for some people, but is associated with addiction and harmful outcomes for others. Evidence of these harms is limited to small sample, crosssectional self-reports, such as prevalence surveys. We examine the association... Read More about The association between gambling and financial, social and health outcomes in big financial data.

Adaptive Testing for Cointegration With Nonstationary Volatility (2021)
Journal Article
Boswijk, H. P., & Zu, Y. (2022). Adaptive Testing for Cointegration With Nonstationary Volatility. Journal of Business and Economic Statistics, 40(2), 744-755. https://doi.org/10.1080/07350015.2020.1867558

This article develops a class of adaptive cointegration tests for multivariate time series with nonstationary volatility. Persistent changes in the innovation variance matrix of a vector autoregressive model lead to size distortions in conventional c... Read More about Adaptive Testing for Cointegration With Nonstationary Volatility.

Zoomshock: The geography and local labour market consequences of working from home (2021)
Journal Article
De Fraja, G., Matheson, J., & Rockey, J. (2021). Zoomshock: The geography and local labour market consequences of working from home. Covid Economics, 1-41

The Covid-19 health crisis has led to a substantial increase in work done from home, which shifts economic activity across geographic space. We refer to this shift as a 'Zoomshock'. The Zoomshock has implications for locally consumed services; the cl... Read More about Zoomshock: The geography and local labour market consequences of working from home.

The rhetoric of closed borders: quotas, lax enforcement and illegal immigration (2021)
Journal Article
Facchini, G., & Testa, C. (2021). The rhetoric of closed borders: quotas, lax enforcement and illegal immigration. Journal of International Economics, 129, Article 103415. https://doi.org/10.1016/j.jinteco.2020.103415

Governments do not always enforce their laws, even when they have the means of doing so, and lax enforcement is common in the domain of immigration policy. To explain this paradox we develop a political agency model where gains from migration are une... Read More about The rhetoric of closed borders: quotas, lax enforcement and illegal immigration.

Expert assessment of future vulnerability of the global peatland carbon sink (2020)
Journal Article
Loisel, J., Gallego-Sala, A. V., Amesbury, M. J., Magnan, G., Anshari, G., Beilman, D. W., …Wu, J. (2020). Expert assessment of future vulnerability of the global peatland carbon sink. Nature Climate Change, https://doi.org/10.1038/s41558-020-00944-0

© 2020, The Author(s), under exclusive licence to Springer Nature Limited. The carbon balance of peatlands is predicted to shift from a sink to a source this century. However, peatland ecosystems are still omitted from the main Earth system models th... Read More about Expert assessment of future vulnerability of the global peatland carbon sink.

The anatomy of behavioral responses to social assistance when informal employment is high (2020)
Journal Article
Bergolo, M., & Cruces, G. (2021). The anatomy of behavioral responses to social assistance when informal employment is high. Journal of Public Economics, 193, Article 104313. https://doi.org/10.1016/j.jpubeco.2020.104313

The disincentive effects of social assistance programs on registered (or formal) employment are a first-order policy concern in developing and middle-income countries. We study the impact of a conditional cash transfer (CCT) program in Uruguay on the... Read More about The anatomy of behavioral responses to social assistance when informal employment is high.

Micro to Macro: Optimal Trade Policy With Firm Heterogeneity (2020)
Journal Article
Costinot, A., Rodríguez-Clare, A., & Werning, I. (2020). Micro to Macro: Optimal Trade Policy With Firm Heterogeneity. Econometrica, 88(6), 2739-2776. https://doi.org/10.3982/ECTA14763

The empirical observation that "large firms tend to export, whereas small firms do not" has transformed the way economists think about the determinants of international trade. Yet, it has had surprisingly little impact on how economists think about t... Read More about Micro to Macro: Optimal Trade Policy With Firm Heterogeneity.