Public subsidy of minor league ballparks is a $6.81B story. @jcbradbury.com creates the first systematic database of Minor League Baseball stadium subsidies across 134 ballparks, then finds localities cut in MLB's 2021 reorganization were no poorer, undermining the investment rationale. #econsky
Economic Inquiry
@ei-sky.bsky.social
Published since 1962, the goal of Economic Inquiry is to advance scientific knowledge in the domain of economics. As such we seek to publish work across all fields in economics.
Why do people play the lottery? This paper shows that if people compare their income to a personal reference point buying tickets can be rational for those who fall short of it. The poorer you feel relative to that target, the stronger the pull. #econsky
Offering leniency to whistle-blowers can help catch corruption. Offering it to both sides of a bribe can backfire. This paper shows China's 1997 criminal law reform combined leniency for bribe-givers and bribe-takers — and corruption prosecutions fell sharply afterward. #econsky
Single-factor metrics like income or wealth can paint an incomplete picture of well-being. @cynamon.bsky.social and coauthors propose "sustainable consumption", a unifying metric integrating lifetime resources, taxes, and asset returns to map household economic health. Read: tinyurl.com/sp2e38a4
Extending Blair & Kaserman (1978): This paper shows that tying and Full Integration are not always equivalent. The authors derive the necessary & sufficient conditions for their equivalence and explore Partial Integration under general production tech. tinyurl.com/4ph6cw2u #econbluesky
EI has added a new award category this year, Outstanding Data Package. These awards were voted on by our Data Team for data packages that exemplify best practices in research transparency. Authors put a great deal of work into these packages and we believe their efforts should be acknowledged.
How do post-Dobbs abortion bans affect social safety nets? Using synthetic DiD, this paper finds total bans led to a 1.57% increase in monthly birth rates and a 4.3% jump in postpartum WIC participation in 2023, resulting in an extra $6.9M in food costs. tinyurl.com/ydb82fyj #EconSky
How do proxy methods alter findings on racial disparities? This paper compares HMDA, voter rolls & name algorithms. The authors finds that matching choices can change empirical conclusions about racial/ethnic disparities depending on which method is used. tinyurl.com/58pjczdh #EconSky
Many fiscal models lack micro-validity. This study shows how partial insurance on unemployment and firm entry jointly can drive a positive consumption multiplier. It reconciles theory with data using parameters consistent with micro evidence on job loss and markups. tinyurl.com/56c7xk7c #EconSky
Does the pain of paying limit our generosity? While cash is physical and painful to give away, this study finds that mobile payments lead to significantly higher donations. This gap emerged after the COVID-19 lockdown accelerated our familiarity with digital wallets. tinyurl.com/bddsu6x2 #EconSky
Should we tax AI or use trade tariffs to protect workers? This study finds that tariffs on AI-using goods actually exacerbate the fall in skilled wages. However, a direct AI tax can neutralize task loss and income distortions if the price of AI is sufficiently low. tinyurl.com/2u6eb8n9 #EconSky
What is the role of global shocks on the debt-growth relationship? @ysleibi.bsky.social and coauthors find that household debt's effect on growth disappears after filtering for global noise, while public & corporate debt exert a persistent and negative effect. tinyurl.com/mv67uyx5 #EconSky
Is union decline just about a lack of worker demand? This paper shows that new union locals enter with higher TFP and lower prices, yet this doesn't force incumbents to improve. Moreover entry rates of union locals are low, with high exit rates. tinyurl.com/488e638s #econsky
Do religious beliefs affect responses to fertility incentives? This paper examines the 1982 Soviet Baltic expansion of maternity benefits. The authors find a 24.2% increase in birth probability, with the effect being driven entirely by women from religious childhoods. tinyurl.com/ucrz5n66 #econsky
While inequality rises in the West, Taiwan’s fell by 8.4%. This paper documents that this drop was likely driven by minimum wage hikes. Most of the reduction happened within firms, compressing the lower tail of the distribution while the upper tail remained stable. tinyurl.com/4bdwjnzy #EconSky
Does the average EITC effect hide the truth? This paper shows policy impact shifts by income: while credits boost work for low earners, they decrease hours near the phase-out. This heterogeneity across the income distribution proves average effects miss the story. tinyurl.com/yt9vbhzz #EconSky
Can tax news influence business cycles? This paper shows that anticipated tax cuts can actually hinder recovery. In supply-driven recessions, they trigger a sharper contraction than in demand-driven ones. Moreover, higher macro uncertainty causes a bigger contraction. tinyurl.com/3rtucnph #econsky
Is remote work a cultural choice? This paper finds that individualism significantly boosts WFH. Using an epidemiological approach, comparing immigrants in the same labor markets, the authors find that a 10-point index increase raises WFH likelihood by ~4pp. tinyurl.com/47tkd2dn #EconSky
Does political conflict hurt local tourism? This study on the 2012 China-Japan boycott shows that high-dependency prefectures lost over 27% of Chinese visitor nights. Effects remained significant even 24 months later, highlighting a need for market diversification. tinyurl.com/3j45n435 #EconSky
Is "generational wealth" the main driver of the racial gap? This study shows White families' wealth is 6.8x that of Black families, but including DB pensions narrows the gap to 4.4x. However, intergenerational transfers explain little of the disparity. tinyurl.com/3wr8rhdz #EconSky
Would a manager hire a firing consultant to let go of a friend? This study finds that social distance significantly shapes delegation decisions. Strengthening workplace ties reduces the likelihood of managers exploiting moral wiggle room to avoid direct responsibility. tinyurl.com/2smvre5r #EconSky
Do labor market frictions matter for monetary policy? This paper shows that frictions can amplify the effect of inflation target shocks but play a minor role in temporary nominal interest shocks. Evidence from the U.S. and the Euro Area corroborates the findings. tinyurl.com/u3x8b5sr #econsky
Do attitudes toward immigration spread? @ofirsin.bsky.social uses the 2013 AP ban on the term "illegal immigrant" and Facebook data to show that attitude changes causally reverberate through social networks. Social ties to ban areas improved immigration attitudes. tinyurl.com/ycxknu4w #econsky
Are women more cooperative in Congress? Building on previous literature, this paper finds that while bipartisan cooperation depends on ideology, in the last decade, women recruited 15% more total co-sponsors than their male colleagues across both parties. tinyurl.com/357zjcjw #econsky #polisci
Why does household investment (HI) lead the business cycle? This paper finds that the Index of Consumer Expectations (ICE) leads HI by two quarters. Using VAR and Granger causality, the authors show HI transmits these confidence shocks to the broader economy. Read: tinyurl.com/3azvzb8h #econsky
Has the weakening of oil price pass-through to inflation reversed? This paper shows a reversal in pass-through dynamics, finding that second-round effects operating through inflation expectations are an important driver of U.S. core inflation. Read more: tinyurl.com/2vpr3tuw #econsky
Does federal investment in broadband programs actually pay off? This paper analyzes the $2.5B Broadband Initiatives Program (BIP) to measure its economic impact, finding through real estate data that the capitalized benefits are 2.8 times the investment costs. Read: tinyurl.com/5xhvnkey #econsky
Does the "poor stay poor" conclusion still hold? This paper uses Markov chains and dynamic development accounting to test relative GDP persistence. The findings confirm that relative income traps remain a robust feature of the cross-country distribution. tinyurl.com/m2hh3xnu #econsky
From NATO Article 5 to regional R&D, government spending is deeply interdependent. @economicsgamer.bsky.social and coauthors model these fiscal externalities with an extended Barro growth model. Data from 30 nations shows how these spillovers drive under-investment. tinyurl.com/dyxhbr6c #econsky
How robust is the link between de-prosecution and crime? This paper revisits the Philadelphia case study (Hogan 2022) to explore how different SCM specifications (including donor pool composition and pre-period length) impact the estimated effects on homicide. Read more here: tinyurl.com/mtfy5thd