Good managers are matched with bad workers to ensure all production lines meet deadlines with important buyers. In the September issue, by Achyuta Adhvaryu, Vittorio Bassi, Anant Nyshadham, and Jorge Tamayo zurl.co/ctDsR
Review of Economics and Statistics (REStat)
@restatjournal.bsky.social
REStat is a 100-year-old general journal of economics. Edited at @harvardkennedy.bsky.social, the Review shares empirical & theoretical contributions for a wide readership. mitpressjournals.org/loi/rest
Recent tariffs cost U.S. manufacturing jobs through higher input costs, foreign retaliation, In the September issue, by Aaron Flaaen and Justin Pierce zurl.co/xTUsa
Reducing language barriers in MNCs improves communication and transfers of management knowledge to workers. In the September issue, by Louise Guillouët, Amit K. Khandelwal, Rocco Macchiavello, Madhav Malhotra, and Matthieu Teachout. zurl.co/FpjrD
Language Barriers in Multinationals and Knowledge Transfers
Abstract. We study communication frictions within multinationals (MNCs), hypothesizing that language barriers reduce management knowledge transfers within
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Schooling provides access to better-paying workplaces and occupations. In the September issue, by Pedro Portugal, Hugo Reis, Paulo Guimarães, and Ana Rute Cardoso. zurl.co/SbPCz
What Lies Behind the Returns to Schooling: The Role of Labor Market Sorting and Worker Heterogeneity
Abstract. Do more educated workers earn higher wages partly because they have access to high-paying firms and occupations? We rely on linked
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Social preferences predict political support for redistribution. In the September issue, by Ernst Fehr, Thomas Epper, and Julien Senn zurl.co/yaudV
Social Preferences and Redistributive Politics
Abstract. We study the link between social preferences and a behaviorally validated measure of support for redistribution. We uncover three fundamentally
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Macroeconomic news can explain a majority of variation in exchange rates at monthly and quarterly frequencies. In the September issue, by Vania Stavrakeva and Jenny Tang zurl.co/QMKjg
In the September issue, "Misperceived Social Norms and Willingness to Act Against Climate Change" by Peter Andre, Teodora Boneva, Felix Chopra, and Armin Falk zurl.co/63lr4
Misperceived Social Norms and Willingness to Act Against Climate Change
Abstract. We document the individual willingness to act against climate change and study the role of social norms in a large sample of U.S. adults.
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Every summer women's employment drops sharply, while men’s is stable. Why? School closures for summer break. In the September issue, by Brendan M. Price and Melanie Wasserman zurl.co/cbrpw
The Summer Drop in Female Employment
Abstract. We provide the first systematic account of summer declines in women’s labor market activity. From May to July, U.S. women’s
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Increases in the share of immigrants generate stronger positive assortative matching in local labor markets. In the September issue, by Gianluca Orefice and Giovanni Peri. zurl.co/sQOk5
Immigration and Worker-Firm Matching
Abstract. Positive assortative matching increases both the wages of more productive workers and wage dispersion. We study the effect of immigration on
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Data from over 200 million hires show that firms that pay round-numbered wages have worse market outcomes. In the September issue, by Germán Reyes zurl.co/CCqPe
Coarse Wage Setting and Behavioral Firms
Abstract. This paper shows that the bunching of wages at round numbers is partly driven by firm coarse wage setting. Using data from more than 200 million
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Gaining access to an ostensibly integrated hospital had no effect on Black postneonatal mortality. In the September issue, by D. Mark Anderson, Kerwin Kofi Charles, and Daniel I. Rees zurl.co/BnMGK
Imposing Policy on Reluctant Actors: The Hospital Desegregation Campaign and Black Postneonatal Mortality in the Deep South
Abstract. In 1966, Southern hospitals were barred from participating in Medicare unless they discontinued their longstanding practice of racial
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The threat of public ratings prompted intermediaries to improve job quality for migrant workers. In the September issue, by A. Nilesh Fernando @nileshfern.bsky.social and Niharika Singh zurl.co/fCyvU
Regulation by Reputation? Intermediaries, Labor Abuses, and International Migration
Abstract. Migrant workers and employers rely on intermediaries to facilitate labor market placements. If information frictions obscure their reputation,
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How does uncertainty affect time use? It increases housework, reduces market hours, and mildly impacts leisure. In the September issue, by Matteo Cacciatore, Stefano Gnocchi, and Daniela Hauser. zurl.co/Oqb3Z
Time Use and Macroeconomic Uncertainty
Abstract. We study the effects of uncertainty on time use and their macroeconomic implications. Employing data from the American Time Use Survey and the
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Monetary shocks can have long lasting effects on the economy and its productive potential. In the September issue, by Òscar Jordà, Sanjay R. Singh, and Alan M. Taylor zurl.co/h8kx3
In the September issue, “When Nurses Travel: Labor Supply Responses to Peak Demand for Nurses” by Joshua D. Gottlieb and Avi Zenilman zurl.co/RgG26
When Nurses Travel: Labor Supply Responses to Peak Demand for Nurses
Abstract. We study how a market uses temporary workers to accommodate extraordinary demand shocks. When COVID-19 surges, hospitals need additional
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In the September issue, “Estimating Nursing Home Quality with Selection” by Andrew Olenski and Szymon Sacher zurl.co/OBxIp
Estimating Nursing Home Quality with Selection
Abstract. We use variational inference (VI), a technique from the machine learning literature, to estimate a mortality-based Bayesian model of nursing
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PPML estimator of misspecified models gives an optimal approximation & can identify average marginal effects. In the September issue, by J.M.C. Santos Silva and Rainer Winkelmann zurl.co/q2INp
Misspecified Exponential Regressions: Estimation, Interpretation, and Average Marginal Effects
Abstract. Exponential regressions are frequently used when outcomes are non-negative. They are attractive because they are easy to interpret and to
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When minimum wage goes up, 2-year college enrollment goes down. Little change in degree receipt though. In the September issue, by Diane Schanzenbach, Julia Turner, and Sarah Turner. zurl.co/Qic3g
Mechanisms that determine the aggregate impact of UBI. In the September issue, by Nir Jaimovich, Itay Saporta-Eksten, Ofer Setty, and Yaniv Yedid-Levi zurl.co/vr0Ro
Universal Basic Income: Inspecting the Mechanisms
Abstract. We examine the mechanisms driving the aggregate and distributional impacts of Universal Basic Income (UBI) through model analysis of various UBI
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Despite persistently low earnings, entrepreneurs spend and save more over time. In the September issue, by Sarada zurl.co/Ty9p1
Identifying the distributional and quantile marginal treatment effects when the outcome is right-censored. Just Accepted new paper by Santiago Acerenza, Vitor Possebom, and Pedro H. C. Sant’Anna zurl.co/ikNw1
Was Javert Right to Be Suspicious? Marginal Treatment Effects with Duration Outcomes
Abstract. We identify the distributional and quantile marginal treatment effect functions when the outcome is right-censored. Our method requires a
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Fiscal policy is less effective in open than closed economies despite the absence of Ricardian equivalence. Just Accepted new paper by Jacob Sundram @jmsundram.bsky.social zurl.co/CaZSR
External inputs replace workers more than machines, reframing the capital-labor debate. Just Accepted new paper by Dimitrije Ruzic zurl.co/O9vm4
The Factor Bias of External Inputs: Implications for Substitution between Capital and Labor
Abstract. This paper reevaluates the longstanding debate on capital-labor substitution by examining the role of external inputs: raw materials,
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Disclosure law caused MPs to earn more outside income. Voters view income as competence signal. Just Accepted new paper by Carina Neisser @nicercarina.bsky.social and Nils Wehrhöfer zurl.co/vJFY3) zurl.co/ZBfSW
When Colombia's biggest insurer collapsed, other plans cut provider networks and deaths rose 20%. Just Accepted new paper by Giancarlo Buitrago, Paul Rodríguez-Lesmes, Natalia Serna, and Marcos Vera-Hernández zurl.co/pbIAS
Do Health Insurers Matter for Health Outcomes? Evidence from a Large Natural Experiment in Colombia
Abstract. While the relationship between health insurance coverage and health outcomes has been extensively studied, there is limited evidence on which
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A small food waste tax in Korea generates outsized reductions in waste by promoting more efficient food use. Just Accepted new paper by Seunghoon Lee @shoonlee.bsky.social zurl.co/hWain
More concentrated labor markets offer riskier jobs that expose workers to earnings risk. Just Accepted new paper by Abi Adams, Maria Balgova, Matthias Qian, and Tom Waters zurl.co/SFka1
Firm Concentration and Job Design: The Case of Schedule Flexible Work Arrangements
Abstract. We study how employer concentration affects job design, focusing on schedule flexibility as a non-wage job attribute. Using the full text of 46
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A synthetic-control method to design experiments when only a handful of large units can be treated. Just Accepted new paper by Alberto Abadie and Jinglong Zhao zurl.co/qsoyG
Synthetic Controls for Experimental Design
Abstract. This paper studies how to design experiments when the experimental units are large aggregate entities (e.g., markets), and only one or a small
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FAIR plans meant to fix insurance redlining accidentally accelerated the urban decline they meant to prevent. Just Accepted new paper by Ingrid Gould Ellen, Daniel A. Hartley, Jeffrey Lin @jeffrlin.bsky.social and Wei You zurl.co/Gatdo
China's centralized drug procurement significantly reduces both sales costs and prices. Just Accepted new paper by Chenyuan Liu, Yi Lu, and Wanyu Yang zurl.co/27ypJ