All Outputs (604)

Naivety about hidden information: An experimental investigation (2021)
Journal Article
Montero, M., & Sheth, J. D. (2021). Naivety about hidden information: An experimental investigation. Journal of Economic Behavior and Organization, 192, 92-116. https://doi.org/10.1016/j.jebo.2021.09.032

The unraveling prediction of disclosure theory relies on the idea that strategic forces lead firms (information senders) to voluntarily disclose information about the quality of their products provided the information disclosed is verifiable and the... Read More about Naivety about hidden information: An experimental investigation.

One size does not fit all: Plurality of social norms and saving behavior in Kenya (2021)
Journal Article
Fromell, H., Nosenzo, D., Owens, T., & Tufano, F. (2021). One size does not fit all: Plurality of social norms and saving behavior in Kenya. Journal of Economic Behavior and Organization, 192, 73-91. https://doi.org/10.1016/j.jebo.2021.09.028

Using the Krupka–Weber norm-elicitation technique in a lab-in-the-field experiment in rural Kenya, we measure the social norms that regulate the trade-off between wealth accumulation through saving and sharing income with kin and neighbors. We find a... Read More about One size does not fit all: Plurality of social norms and saving behavior in Kenya.

Policy Effects of International Taxation on Firm Dynamics and Capital Structure (2021)
Journal Article
Spencer, A. H. (2022). Policy Effects of International Taxation on Firm Dynamics and Capital Structure. Review of Economic Studies, 89(4), 2149-2200. https://doi.org/10.1093/restud/rdab071

This article develops a quantitative open economy framework with dynamics, firm heterogeneity and financial frictions to study the impact of corporate tax reforms targeted at multinationals. The model quantifies their impact on firm selection, produc... Read More about Policy Effects of International Taxation on Firm Dynamics and Capital Structure.

The Geography of Knowledge and R&D-led Growth (2021)
Journal Article
Aloi, M., Poyago-Theotoky, J., & Tournemaine, F. (2022). The Geography of Knowledge and R&D-led Growth. Journal of Economic Geography, 22(6), 1149–1190. https://doi.org/10.1093/jeg/lbab019

We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography, market structure, growth and regional inequality. We provide conditions for existence and uniqueness of a spatial equilibrium, and f... Read More about The Geography of Knowledge and R&D-led Growth.

Externalities in knowledge production: evidence from a randomized field experiment (2021)
Journal Article
Hinnosaar, M., Hinnosaar, T., Kummer, M. E., & Slivko, O. (2022). Externalities in knowledge production: evidence from a randomized field experiment. Experimental Economics, 25(2), 706-733. https://doi.org/10.1007/s10683-021-09730-x

Are there positive or negative externalities in knowledge production? We analyze whether current contributions to knowledge production increase or decrease the future growth of knowledge. To assess this, we use a randomized field experiment that adde... Read More about Externalities in knowledge production: evidence from a randomized field experiment.

Implementation in Pakistan of the US Integrated Cargo Container Control program: Trade‐facilitating or not? (2021)
Journal Article
Ali, S., Kneller, R., & Milner, C. (2021). Implementation in Pakistan of the US Integrated Cargo Container Control program: Trade‐facilitating or not?. Canadian Journal of Economics / Revue Canadienne d'Économique, 54(3), 1136-1167. https://doi.org/10.1111/caje.12533

Using novel firm-level data, we examine the trade effect of the changed security arrangements for Pakistan's exports to the US following 9/11. The pre-shipment scanning facility introduced by the Integrated Cargo Container Control (IC3) program, foll... Read More about Implementation in Pakistan of the US Integrated Cargo Container Control program: Trade‐facilitating or not?.

Cash Crops, Print Technologies, and the Politicization of Ethnicity in Africa (2021)
Journal Article
Pengl, Y. I., Roessler, P., & Rueda, V. (2022). Cash Crops, Print Technologies, and the Politicization of Ethnicity in Africa. American Political Science Review, 116(1), 181-199. https://doi.org/10.1017/S0003055421000782

What are the origins of the ethnic landscapes in contemporary states? Drawing on a preregistered research design, we test the influence of dual socioeconomic revolutions that spread throughout Africa during the nineteenth and twentieth centuries - ex... Read More about Cash Crops, Print Technologies, and the Politicization of Ethnicity in Africa.

Original sin in corporate finance: New evidence from Asian bond issuers in onshore and offshore markets (2021)
Journal Article
Mizen, P., Packer, F., Remolona, E., & Tsoukas, S. (2021). Original sin in corporate finance: New evidence from Asian bond issuers in onshore and offshore markets. Journal of International Money and Finance, 119, Article 102489. https://doi.org/10.1016/j.jimonfin.2021.102489

In this paper, we focus on the surprising phenomenon in which firms face difficulty issuing in domestic currency even in the home market, especially in emerging markets. Could this be due to "original sin" which has been familiar to sovereign bond is... Read More about Original sin in corporate finance: New evidence from Asian bond issuers in onshore and offshore markets.

Social mindfulness and prosociality vary across the globe (2021)
Journal Article
Van Doesum, N. J., Murphy, R. O., Gallucci, M., Aharonov-Majar, E., Athenstaedt, U., Au, W. T., …Van Lange, P. A. M. (2021). Social mindfulness and prosociality vary across the globe. Proceedings of the National Academy of Sciences, 118(35), Article e2023846118. https://doi.org/10.1073/pnas.2023846118

Humans are social animals, but not everyone will be mindful of others to the same extent. Individual differences have been found, but would social mindfulness also be shaped by one’s location in the world? Expecting cross-national differences to exis... Read More about Social mindfulness and prosociality vary across the globe.

Individual-level loss aversion in riskless and risky choices (2021)
Journal Article
Gächter, S., Johnson, E. J., & Herrmann, A. (2022). Individual-level loss aversion in riskless and risky choices. Theory and Decision, 92(3-4), 599-624. https://doi.org/10.1007/s11238-021-09839-8

Loss aversion can occur in riskless and risky choices. We present novel evidence on both in a non-student sample (660 randomly selected customers of a car manufacturer). We measure loss aversion in riskless choice in endowment effect experiments with... Read More about Individual-level loss aversion in riskless and risky choices.

Confidence snowballing and relative performance feedback (2021)
Journal Article
Murad, Z., & Starmer, C. (2021). Confidence snowballing and relative performance feedback. Journal of Economic Behavior and Organization, 190, 550-572. https://doi.org/10.1016/j.jebo.2021.08.006

We investigate whether uninformative relative performance feedback can create biases in confidence leading it to 'snowball'. We study elicited confidence about own performance, relative to other group members, in three stages. As subjects move across... Read More about Confidence snowballing and relative performance feedback.

Disability in Uganda: a medical intervention to measure gendered impacts on functional independence and labour-market outcomes (2021)
Journal Article
Abubakar, A., Bridges, S., Gaggero, A., & Owens, T. (2021). Disability in Uganda: a medical intervention to measure gendered impacts on functional independence and labour-market outcomes. Oxford Development Studies, 49(4), 324-336. https://doi.org/10.1080/13600818.2021.1959539

Using data from an orthotic intervention in Kampala, Uganda, this paper estimates the health and economic impacts of providing orthotic equipment to adults with lower limb disabilities. We examine changes to: (i) functional mobility and (ii) labour m... Read More about Disability in Uganda: a medical intervention to measure gendered impacts on functional independence and labour-market outcomes.

Regime Stability and the Persistence of Traditional Practices (2021)
Journal Article
Poyker, M. (2023). Regime Stability and the Persistence of Traditional Practices. Review of Economics and Statistics, 105(5), 1175-1190. https://doi.org/10.1162/rest_a_01078

This paper investigates the role of national institutions on the persistence of cultural norms and traditions. In particular, I examine why the harmful tradition of fe-male genital mutilation persists in certain African countries while in others it h... Read More about Regime Stability and the Persistence of Traditional Practices.

The Wounds That Do Not Heal: The Lifetime Scar of Youth Unemployment (2021)
Journal Article
De Fraja, G., Lemos, S., & Rockey, J. (2021). The Wounds That Do Not Heal: The Lifetime Scar of Youth Unemployment. Economica, 88(352), 896-941. https://doi.org/10.1111/ecca.12384

This paper uses UK administrative data to study the long-term effects of unemployment on earnings. It is the first paper to pinpoint accurately the relative importance of the timing of employment shocks within workers' lives. We find a strong effect... Read More about The Wounds That Do Not Heal: The Lifetime Scar of Youth Unemployment.

Skill-Biased Structural Change (2021)
Journal Article
Buera, F. J., Kaboski, J. P., Rogerson, R., & Vizcaino, J. I. (2022). Skill-Biased Structural Change. Review of Economic Studies, 89(2), 592–625. https://doi.org/10.1093/restud/rdab035

Using a broad panel of advanced economies, we document that increases in GDP per capita are associated with a systematic shift in the composition of value added to sectors that are intensive in high-skill labour, a process we label as skill-biased st... Read More about Skill-Biased Structural Change.

The economic impact of political instability and mass civil protest (2021)
Journal Article
Matta, S., Bleaney, M., & Appleton, S. (2022). The economic impact of political instability and mass civil protest. Economics and Politics, 34(1), 253-270. https://doi.org/10.1111/ecpo.12197

An extensive literature has examined the economic effects of non-violent political instability events. Nonetheless, the issue of whether economies react differently over time to such events remains largely unexplored. Using synthetic control methodol... Read More about The economic impact of political instability and mass civil protest.

The value-added tax and growth: design matters (2021)
Journal Article
Acosta-Ormaechea, S., & Morozumi, A. (2021). The value-added tax and growth: design matters. International Tax and Public Finance, 28(5), 1211-1241. https://doi.org/10.1007/s10797-021-09681-2

Previous research has shown that changes in the composition of tax revenue affect long-run growth. However, little is yet known about whether the way tax revenue is raised matters for growth. This paper examines whether, in the context of OECD countr... Read More about The value-added tax and growth: design matters.

A self-funding reward mechanism for tax compliance (2021)
Journal Article
Fatas, E., Nosenzo, D., Sefton, M., & Zizzo, D. J. (2021). A self-funding reward mechanism for tax compliance. Journal of Economic Psychology, 86, Article 102421. https://doi.org/10.1016/j.joep.2021.102421

We compare in a laboratory experiment two audit-based tax compliance mechanisms that collect fines from those found non-compliant. The mechanisms differ in the way fines are redistributed to individuals who were either not audited or audited and foun... Read More about A self-funding reward mechanism for tax compliance.

Do dictators signal strength with electoral fraud? (2021)
Journal Article
Ananyev, M., & Poyker, M. (2022). Do dictators signal strength with electoral fraud?. European Journal of Political Economy, 71, Article 102075. https://doi.org/10.1016/j.ejpoleco.2021.102075

What role does electoral fraud play in nondemocracies? In this paper, we offer an empirical test of a popular idea that authoritarian governments use elections to engineer overwhelming victories with electoral fraud thus deterring potential oppositio... Read More about Do dictators signal strength with electoral fraud?.

The Attraction and Compromise Effects in Bargaining: Experimental Evidence (2021)
Journal Article
Galeotti, F., Montero, M., & Poulsen, A. (2022). The Attraction and Compromise Effects in Bargaining: Experimental Evidence. Management Science, 68(4), 2377-3174. https://doi.org/10.1287/mnsc.2021.4025

We experimentally investigate, in an unstructured bargaining environment with commonly known money payoffs, the attraction effect and compromise effect (AE and CE) in bargaining, namely, a tendency for bargainers to agree to an intermediate option (C... Read More about The Attraction and Compromise Effects in Bargaining: Experimental Evidence.