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Import Competition, Heterogeneous Preferences of Managers, and Productivity
Chen, Cheng - 2019
may then force managers to improve the productivity of the firm in order to ensure survival. While this hypothesis has … competition shocks. We find that import competition leads to productivity increases in family-managed firms that are initially … unproductive. Productivity improvements are driven by family management as opposed to family ownership or non-managing family …
Persistent link: https://www.econbiz.de/10012893128
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Attention Manipulation and Information Overload
Persson, Petra - 2017
Limits on consumer attention give firms incentives to manipulate prospective buyers' allocation of attention. This paper models such attention manipulation and shows that it limits the ability of disclosure regulation to improve consumer welfare. Competitive information supply, from firms...
Persistent link: https://www.econbiz.de/10012946040
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A Note on Nonparametric Identification of Distributions of Random Coefficients in Multinomial Choice Models
Fox, Jeremy T. - 2017
I prove that the joint distribution of random coefficients and additive errors is identified in a mulltinomial choice model. No restrictions are imposed on the support of the random coefficients and additive errors. The proof uses large support variation in choice-specific explanatory variables...
Persistent link: https://www.econbiz.de/10012951337
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Preference for Boys, Family Size and Educational Attainment in India
Kugler, Adriana D. - 2015
Using data from nationally representative household surveys, we test whether Indian parents make trade-offs between the number of children and investments in education and health of their children. To address the endogeneity due to the joint determination of quantity and quality of children by...
Persistent link: https://www.econbiz.de/10013022938
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The Sad Truth About Happiness Scales : Empirical Results
Bond, Timothy - 2018
We replicate nine key results from the happiness literature: the Easterlin Paradox, the ‘U-shaped' relation between happiness and age, the happiness trade-off between inflation and unemployment, cross-country comparisons of happiness, the impact of the Moving to Opportunity program on...
Persistent link: https://www.econbiz.de/10012914253
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Ancient Origins of the Global Variation in Economic Preferences
Becker, Anke - 2018
Variation in economic preferences is systematically related to both individual and aggregate economic outcomes, yet little is known about the origins of the worldwide preference variation. This paper uses globally representative data on risk aversion, time preference, altruism, positive...
Persistent link: https://www.econbiz.de/10012919064
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Do Male Workers Prefer Male Leaders? An Analysis of Principals' Effects on Teacher Retention
Husain, Aliza N. - 2018
Using a 40-year panel of all public school teachers and principals in New York State, we explore how female principals affect rates of teacher turnover—an important determinant of school quality. We find that male teachers are about 12% more likely to leave their schools when they work under...
Persistent link: https://www.econbiz.de/10012907761
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Decentralized Matching with Aligned Preferences
Niederle, Muriel; Yariv, Leeat - 2021
We study a simple model of a decentralized market game in which firms make directed offers to workers. We focus on markets in which agents have aligned preferences. When agents have complete information or when there are no frictions in the economy, there exists an equilibrium that yields the...
Persistent link: https://www.econbiz.de/10013218974
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Balladurette and Juppette : A Discrete Analysis of Scrapping Subsidies
Adda, Jérôme; Cooper, Russell W. - 2021
This paper studies the effects of subsidies on durable goods markets. In particular, we study a recent policy in France in which the governments of Balladur and Jupp‚ subsidized the replacement of old cars with new ones. To study this policy, we construct a dynamic stochastic discrete choice...
Persistent link: https://www.econbiz.de/10013219979
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Is Addiction "Rational"? Theory and Evidence
Gruber, Jonathan; Kőszegi, Botond - 2021
A standard model of addictive process is Becker and Murphy's rational addiction' model, which has the key empirical prediction that the current consumption of addictive goods should respond to future prices, and the key normative prediction that the optimal government regulation of addictive...
Persistent link: https://www.econbiz.de/10013220522