cometadata/datacite-titles-descriptions-related-identifiers huggingface dataset:
DOI: 10.3886/e113145
title: Replication data for: Mismatch of Talent: Evidence on Match Quality, Entry Wages, and Job Mobility

description: We examine the impact of mismatch on entry wages, separations, and wage growth using unique data on worker talents. We show that workers are sorted on comparative advantage across jobs within occupations. The starting wages of inexperienced workers are unrelated to mismatch. For experienced workers, on the other hand, mismatch is negatively priced into their starting wages. Separations and wage growth are more strongly related to mismatch among inexperienced workers than among experienced workers. These findings are consistent with models of information updating, where less information is available about the quality of matches involving inexperienced workers.
DOI: 10.3886/e113145v1
title: Replication data for: Mismatch of Talent: Evidence on Match Quality, Entry Wages, and Job Mobility

description: We examine the impact of mismatch on entry wages, separations, and wage growth using unique data on worker talents. We show that workers are sorted on comparative advantage across jobs within occupations. The starting wages of inexperienced workers are unrelated to mismatch. For experienced workers, on the other hand, mismatch is negatively priced into their starting wages. Separations and wage growth are more strongly related to mismatch among inexperienced workers than among experienced workers. These findings are consistent with models of information updating, where less information is available about the quality of matches involving inexperienced workers.
DOI: 10.3886/e113389
title: Replication data for: Changes in Safety Net Use during the Great Recession

description: We examine how participation in social safety net programs differs by income-to-poverty levels, and how that relationship changed after the Great Recession. We define income-to-poverty based on the average of 2 years of merged CPS data, and investigate program participation among households with income less than 300 percent of poverty. We find changes in both the level and distribution of safety-net program participation during the Great Recession, with SNAP expanding most at the bottom, the EITC expanding most in the middle, and UI expanding most at the top of the income ranges that we investigate; TANF did not expand.
DOI: 10.3886/e113389v1
title: Replication data for: Changes in Safety Net Use during the Great Recession

description: We examine how participation in social safety net programs differs by income-to-poverty levels, and how that relationship changed after the Great Recession. We define income-to-poverty based on the average of 2 years of merged CPS data, and investigate program participation among households with income less than 300 percent of poverty. We find changes in both the level and distribution of safety-net program participation during the Great Recession, with SNAP expanding most at the bottom, the EITC expanding most in the middle, and UI expanding most at the top of the income ranges that we investigate; TANF did not expand.
DOI: 10.3886/e113390
title: Replication data for: Capital Taxation in the Twenty-First Century

description: In his influential book, Capital in the Twenty-First Century, Thomas Piketty argues forcefully that rising wealth and wealth inequality is an inherent characteristic of capitalist economies and calls for strong policy responses, in particular a substantial wealth tax implemented globally. This paper takes issue with the facts, logic, and policy conclusions in Piketty's book, suggesting that the factors needed to support the inexorable rise in capital's share and concentration are lacking and that among tax policy reforms aimed at dealing with economic inequality a wealth tax finds little support either in Piketty's own work or elsewhere in the literature.
DOI: 10.3886/e113390v1
title: Replication data for: Capital Taxation in the Twenty-First Century

description: In his influential book, Capital in the Twenty-First Century, Thomas Piketty argues forcefully that rising wealth and wealth inequality is an inherent characteristic of capitalist economies and calls for strong policy responses, in particular a substantial wealth tax implemented globally. This paper takes issue with the facts, logic, and policy conclusions in Piketty's book, suggesting that the factors needed to support the inexorable rise in capital's share and concentration are lacking and that among tax policy reforms aimed at dealing with economic inequality a wealth tax finds little support either in Piketty's own work or elsewhere in the literature.
DOI: 10.3886/e113391
title: Replication data for: About Capital in the Twenty-First Century

description: In this article, I present three key facts about income and wealth inequality in the long run emerging from my book, Capital in the Twenty-First Century, and seek to sharpen and refocus the discussion about those trends. In particular, I clarify the role played by r &gt; g in my analysis of wealth inequality. I also discuss some of the implications for optimal taxation, and the relation between capital-income ratios and capital shares.
DOI: 10.3886/e113391v1
title: Replication data for: About Capital in the Twenty-First Century

description: In this article, I present three key facts about income and wealth inequality in the long run emerging from my book, Capital in the Twenty-First Century, and seek to sharpen and refocus the discussion about those trends. In particular, I clarify the role played by r &gt; g in my analysis of wealth inequality. I also discuss some of the implications for optimal taxation, and the relation between capital-income ratios and capital shares.
DOI: 10.3886/e113392v1
title: Replication data for: The Effect of Unemployment Benefits on the Duration of Unemployment Insurance Receipt: New Evidence from a Regression Kink Design in Missouri, 2003-2013

description: We provide new evidence on the effect of the unemployment insurance (UI) weekly benefit amount on unemployment insurance spells based on administrative data from the state of Missouri covering the period 2003-2013. Identification comes from a regression kink design that exploits the quasi-experimental variation around the kink in the UI benefit schedule. We find that UI durations are more responsive to benefit levels during the recession and its aftermath, with an elasticity between 0.65 and 0.9 as compared to about 0.35 pre-recession.
DOI: 10.3886/e113645
title: Replication data for: Cash for Corollas: When Stimulus Reduces Spending

description: The 2009 Cash for Clunkers program aimed to stimulate consumer spending in the new automobile industry, which experienced disproportionate reductions in demand and employment during the Great Recession. Exploiting program eligibility criteria in a regression discontinuity design, we show more than half of the subsidies went to households who would have purchased during the two-month program anyway; the rest accelerated sales by no more than eight months. Moreover, the program's fuel efficiency restrictions shifted purchases toward vehicles that cost on average $7,600 less. Thus, we estimate on net the $3 billion program reduced total new vehicle spending by $5 billion.
DOI: 10.3886/e113645v1
title: Replication data for: Cash for Corollas: When Stimulus Reduces Spending

description: The 2009 Cash for Clunkers program aimed to stimulate consumer spending in the new automobile industry, which experienced disproportionate reductions in demand and employment during the Great Recession. Exploiting program eligibility criteria in a regression discontinuity design, we show more than half of the subsidies went to households who would have purchased during the two-month program anyway; the rest accelerated sales by no more than eight months. Moreover, the program's fuel efficiency restrictions shifted purchases toward vehicles that cost on average $7,600 less. Thus, we estimate on net the $3 billion program reduced total new vehicle spending by $5 billion.
DOI: 10.3886/e113646
title: Replication data for: The Long-Run Economic Consequences of High-Stakes Examinations: Evidence from Transitory Variation in Pollution

description: Cognitive performance during high-stakes exams can be affected by random disturbances that, even if transitory, may have permanent consequences. We evaluate this hypothesis among Israeli students who took a series of matriculation exams between 2000 and 2002. Exploiting variation across the same student taking multiple exams, we find that transitory PM2.5 exposure is associated with a significant decline in student performance. We then examine these students in 2010 and find that PM2.5 exposure during exams is negatively associated with postsecondary educational attainment and earnings. The results highlight how reliance on noisy signals of student quality can lead to allocative inefficiency.
DOI: 10.3886/e113646v1
title: Replication data for: The Long-Run Economic Consequences of High-Stakes Examinations: Evidence from Transitory Variation in Pollution

description: Cognitive performance during high-stakes exams can be affected by random disturbances that, even if transitory, may have permanent consequences. We evaluate this hypothesis among Israeli students who took a series of matriculation exams between 2000 and 2002. Exploiting variation across the same student taking multiple exams, we find that transitory PM2.5 exposure is associated with a significant decline in student performance. We then examine these students in 2010 and find that PM2.5 exposure during exams is negatively associated with postsecondary educational attainment and earnings. The results highlight how reliance on noisy signals of student quality can lead to allocative inefficiency.
DOI: 10.3886/e113647
title: Replication data for: Financial Incentives and the Fertility-Sex Ratio Trade-Off

description: Can financial incentives resolve the fertility-sex ratio trade-off faced by countries with persistent son preference and easy access to sex-selection technology? An Indian program, Devi Rupak, that seeks to lower fertility and the sex ratio is unable to do so. Although fertility decreases, the sex ratio at birth worsens as high son preference families are unwilling to forgo a son despite substantially higher benefits for a daughter. Thus, financial incentives may only play a limited role in the resolution of the fertility-sex ratio conflict.
DOI: 10.3886/e113647v1
title: Replication data for: Financial Incentives and the Fertility-Sex Ratio Trade-Off

description: Can financial incentives resolve the fertility-sex ratio trade-off faced by countries with persistent son preference and easy access to sex-selection technology? An Indian program, Devi Rupak, that seeks to lower fertility and the sex ratio is unable to do so. Although fertility decreases, the sex ratio at birth worsens as high son preference families are unwilling to forgo a son despite substantially higher benefits for a daughter. Thus, financial incentives may only play a limited role in the resolution of the fertility-sex ratio conflict.
DOI: 10.3886/e113648
title: Replication data for: The Price of Prejudice

description: We present a new type of field experiment to investigate ethnic prejudice in the workplace. Our design allows us to study how potential discriminators respond to changes in the cost of discrimination. We find that ethnic discrimination is common but highly responsive to the "price of prejudice," i.e., to the opportunity cost of choosing a less productive worker on ethnic grounds. Discriminators are on average willing to forego 8 percent of their earnings to avoid a coworker of the other ethnic type. The evidence suggests that animus rather than statistical discrimination explains observed behavior.
DOI: 10.3886/e113648v1
title: Replication data for: The Price of Prejudice

description: We present a new type of field experiment to investigate ethnic prejudice in the workplace. Our design allows us to study how potential discriminators respond to changes in the cost of discrimination. We find that ethnic discrimination is common but highly responsive to the "price of prejudice," i.e., to the opportunity cost of choosing a less productive worker on ethnic grounds. Discriminators are on average willing to forego 8 percent of their earnings to avoid a coworker of the other ethnic type. The evidence suggests that animus rather than statistical discrimination explains observed behavior.
DOI: 10.3886/e113911
title: Replication data for: Team Incentives for Education in Developing Countries: A Randomized Field Experiment in Benin

description: I examine the impact of student incentives in Benin, using three different designs that can be implemented relatively cheaply and with administrative data. The first design is a standard incentive structure where students receive monetary rewards for reaching a performance target. In the other two designs, teams of four students receive incentives based on either their performance level as a group or in a team tournament scheme. I find a large and similar average treatment effect across designs, ranging from 0.27 to 0.34 standard deviations (Standard errors do not allow to rule out that the three designs are equally effective).
DOI: 10.3886/e113911v1
title: Replication data for: Team Incentives for Education in Developing Countries: A Randomized Field Experiment in Benin

description: I examine the impact of student incentives in Benin, using three different designs that can be implemented relatively cheaply and with administrative data. The first design is a standard incentive structure where students receive monetary rewards for reaching a performance target. In the other two designs, teams of four students receive incentives based on either their performance level as a group or in a team tournament scheme. I find a large and similar average treatment effect across designs, ranging from 0.27 to 0.34 standard deviations (Standard errors do not allow to rule out that the three designs are equally effective).
DOI: 10.3886/e113912
title: Replication data for: Immigration Economics by George J. Borjas: A Review Essay

description: We review Immigration Economics by George J. Borjas, published in 2014 by Harvard University Press. The book is written as a graduate-level textbook, and summarizes and updates many of Borjas's important contributions to the field over the past thirty years. A key message of the book is that immigration poses significant costs to many members of the host-country labor market. Though the theoretical and econometric approaches presented in the book will be very useful for students and specialists in the field, we argue that the book presents a one-sided view of immigration, with little or no attention to the growing body of work that offers a more nuanced picture of how immigrants fit into the host-country market and affect native workers.
DOI: 10.3886/e113912v1
title: Replication data for: Immigration Economics by George J. Borjas: A Review Essay

description: We review Immigration Economics by George J. Borjas, published in 2014 by Harvard University Press. The book is written as a graduate-level textbook, and summarizes and updates many of Borjas's important contributions to the field over the past thirty years. A key message of the book is that immigration poses significant costs to many members of the host-country labor market. Though the theoretical and econometric approaches presented in the book will be very useful for students and specialists in the field, we argue that the book presents a one-sided view of immigration, with little or no attention to the growing body of work that offers a more nuanced picture of how immigrants fit into the host-country market and affect native workers.
DOI: 10.3886/e113914
title: Replication data for: Medieval Origins: A Review Essay on Campbell's The Great Transition

description: Bruce M. S. Campbell's The Great Transition: Climate, Disease and Society in the Late-Medieval World is a significant contribution to the growing literature that traces the roots of Europe's economic rise to the climatic and population shocks of the late medieval period. This review essay discusses the empirical, historical, and theoretical support for Campbell's view while highlighting that it struggles to explain why these positive effects were limited to Europe. It then hypothesizes that Europe's differential response to this shock reflected prior institutional advantages and provides some preliminary empirical evidence in support of this hypothesis. The essay concludes by examining Campbell's claim that these shocks contributed to Atlantic Europe's rise prior to the colonial period.
DOI: 10.3886/e113914v1
title: Replication data for: Medieval Origins: A Review Essay on Campbell's The Great Transition

description: Bruce M. S. Campbell's The Great Transition: Climate, Disease and Society in the Late-Medieval World is a significant contribution to the growing literature that traces the roots of Europe's economic rise to the climatic and population shocks of the late medieval period. This review essay discusses the empirical, historical, and theoretical support for Campbell's view while highlighting that it struggles to explain why these positive effects were limited to Europe. It then hypothesizes that Europe's differential response to this shock reflected prior institutional advantages and provides some preliminary empirical evidence in support of this hypothesis. The essay concludes by examining Campbell's claim that these shocks contributed to Atlantic Europe's rise prior to the colonial period.
DOI: 10.3886/e113915v1
title: Replication data for: The Formation of Expectations, Inflation, and the Phillips Curve

description: This paper argues for a careful (re)consideration of the expectations formation process and a more systematic inclusion of real-time expectations through survey data in macroeconomic analyses. While the rational expectations revolution has allowed for great leaps in macroeconomic modeling, the surveyed empirical micro-evidence appears increasingly at odds with the full-information rational expectation assumption. We explore models of expectation formation that can potentially explain why and how survey data deviate from full-information rational expectations. Using the New Keynesian Phillips curve as an extensive case study, we demonstrate how incorporating survey data on inflation expectations can address a number of otherwise puzzling shortcomings that arise under the assumption of full-information rational expectations.
DOI: 10.3886/e113146
title: Replication data for: Trucks without Bailouts: Equilibrium Product Characteristics for Commercial Vehicles

description: The entry and exit of products, rather than firms, serve as the main equilibrating force in many markets, so accurately predicting changes from a merger or bankruptcy should incorporate this behavior. This paper estimates a structural model of the US commercial vehicle market and demonstrates the importance of allowing for endogenous product offerings in the context of the $85 billion automotive industry bailout in 2009. Under alternate policies that facilitate an acquisition or liquidation of GM and Chrysler, product entry and exit moderate markup increases and output decreases by up to three-quarters.
DOI: 10.3886/e113146v1
title: Replication data for: Trucks without Bailouts: Equilibrium Product Characteristics for Commercial Vehicles

description: The entry and exit of products, rather than firms, serve as the main equilibrating force in many markets, so accurately predicting changes from a merger or bankruptcy should incorporate this behavior. This paper estimates a structural model of the US commercial vehicle market and demonstrates the importance of allowing for endogenous product offerings in the context of the $85 billion automotive industry bailout in 2009. Under alternate policies that facilitate an acquisition or liquidation of GM and Chrysler, product entry and exit moderate markup increases and output decreases by up to three-quarters.
DOI: 10.3886/e113147
title: Replication data for: Government Old-Age Support and Labor Supply: Evidence from the Old Age Assistance Program

description: Many government programs transfer resources to older people and implicitly or explicitly tax their labor. We shed new light on the labor supply and welfare effects of such programs by investigating the Old Age Assistance Program (OAA). Exploiting the large differences in OAA programs across states and Census data on the entire US population in 1940, we find that OAA reduced the labor force participation rate among men aged 65-74 by 8.5 percentage points, more than one-half of its 1930-1940 decline, but that OAA's implicit taxation of earnings imposed only small welfare costs on recipients.
DOI: 10.3886/e113147v1
title: Replication data for: Government Old-Age Support and Labor Supply: Evidence from the Old Age Assistance Program

description: Many government programs transfer resources to older people and implicitly or explicitly tax their labor. We shed new light on the labor supply and welfare effects of such programs by investigating the Old Age Assistance Program (OAA). Exploiting the large differences in OAA programs across states and Census data on the entire US population in 1940, we find that OAA reduced the labor force participation rate among men aged 65-74 by 8.5 percentage points, more than one-half of its 1930-1940 decline, but that OAA's implicit taxation of earnings imposed only small welfare costs on recipients.
DOI: 10.3886/e113392
title: Replication data for: The Effect of Unemployment Benefits on the Duration of Unemployment Insurance Receipt: New Evidence from a Regression Kink Design in Missouri, 2003-2013

description: We provide new evidence on the effect of the unemployment insurance (UI) weekly benefit amount on unemployment insurance spells based on administrative data from the state of Missouri covering the period 2003-2013. Identification comes from a regression kink design that exploits the quasi-experimental variation around the kink in the UI benefit schedule. We find that UI durations are more responsive to benefit levels during the recession and its aftermath, with an elasticity between 0.65 and 0.9 as compared to about 0.35 pre-recession.
DOI: 10.3886/e113393
title: Replication data for: Veterans' Labor Force Participation: What Role Does the VA's Disability Compensation Program Play?

description: We explore time trends in the labor force participation of veterans and non-veterans and investigate whether they are consistent with a rising role for the Department of Veterans Affairs' Disability Compensation (DC) program, which pays benefits to veterans with service-connected disabilities and has grown rapidly since 2000. Using 35 years of March CPS data, we find that veterans' labor force participation declined over time in a way that coincides closely with DC growth and that veterans have become more sensitive to economic shocks. Our findings suggest that DC program growth has contributed to recent declines in veterans' labor force participation.
DOI: 10.3886/e113393v1
title: Replication data for: Veterans' Labor Force Participation: What Role Does the VA's Disability Compensation Program Play?

description: We explore time trends in the labor force participation of veterans and non-veterans and investigate whether they are consistent with a rising role for the Department of Veterans Affairs' Disability Compensation (DC) program, which pays benefits to veterans with service-connected disabilities and has grown rapidly since 2000. Using 35 years of March CPS data, we find that veterans' labor force participation declined over time in a way that coincides closely with DC growth and that veterans have become more sensitive to economic shocks. Our findings suggest that DC program growth has contributed to recent declines in veterans' labor force participation.