22 April 2019

Effects of the Korea-U.S. Free Trade Agreement

The Korea-U.S. Free Trade Agreement may have increased the U.S.-South Korea bilateral trade deficit by diverting U.S. import demand from other trading partners, according a study by Katheryn N. Russ and Deborah L. Swenson.

19 April 2019

Assessing the Gains from E-Commerce

E-Commerce spending in the United States accounted for eight percent of consumption by 2017, yielding consumers over $1,000 per household in travel cost saving, according to a study by Paul Dolfen, Liran Einav, Peter J. Klenow, Benjamin Klopack, Jonathan D. Levin, Laurence Levin, and Wayne Best.

18 April 2019

Allocating Kidneys from Deceased Donors

Nikhil Agarwal, Itai Ashlagi, Michael A. Rees, Paulo J. Somaini, and Daniel C. Waldinger find that an alternative to the current mechanism for allocating kidneys from deceased donors, informed by which patients are most likely to accept a given kidney, would substantially increase welfare.

17 April 2019

Political Parties Matter ... for their Unfunded Pensions

Unfunded pension benefits, especially those for police and fire-fighters, grow faster under mayors who are members of the Democratic than the Republican Party, according to a study by Christian Dippel.

16 April 2019

School Finance Equalization Increases Mobility

Policies that equalize revenues-per-student across school districts significantly increase the upward mobility of low-income students, Barbara Biasi. These effects are due in part to a narrowing gap in college attendance between high and low income students.

15 April 2019

Wage Equalization and Regional Misallocation

If Italy, where wages are based on nationwide collective bargaining, adopted the German system, which allows for local bargaining, aggregate employment would rise by 11 percent, and earnings would increase by more than 7 percent, according to estimates by Tito Boeri, Andrea Ichino, Enrico Moretti, and Johanna Posch.

12 April 2019

Health Inequality and the Value of Intra-Family Expertise

In a study using Swedish data, Yiqun Chen, Petra Persson, and Maria Polyakova find that access to intra-family medical expertise has increases longevity, improves prescription drug adherence, raises vaccination rates, and reduces tobacco exposure in utero, especially at the lower end of the income distribution.

11 April 2019

Effects of Receiving Social Security's Survivors Benefits

Studying over a quarter of a million widows whose husbands died between 2002 and 2007, Itzik Fadlon, Shanthi P. Ramnath, and Patricia K. Tong find that for financially vulnerable households, Social Security survivors’ benefits raise net income by nearly $5000 per year, and reduce labor supply.

10 April 2019

Children, Unhappiness and Family Finances

Financial difficulties explain the repeated findings of a zero or negative correlation between the presence of children and parental well-being, according to an analysis by David G. Blanchflower and Andrew E. Clark. The correlation between well-being and the presence of step-children is more negative than the correlation with having children from the current relationship.

9 April 2019

Pollution and Public Sector Worker Productivity in China

Matthew E. Kahn and Pei Li use micro data from China to document that judges are less productive on polluted days. They find that the decline in public sector productivity on high-pollution days is larger than past estimates of the decline in private sector productivity.
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