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| Economics : Publications since January 2023
List all publications in the database. :recent first alphabetical combined listing:
%% Ariely, Dan
@article{fds373690,
Author = {Elman, I and Ariely, D and Tsoy-Podosenin, M and Verbitskaya, E and Wahlgren, V and Wang, AL and Zvartau, E and Borsook, D and Krupitsky,
E},
Title = {Contextual processing and its alterations in patients with
addictive disorders},
Journal = {Addiction Neuroscience},
Volume = {7},
Year = {2023},
Month = {September},
url = {http://dx.doi.org/10.1016/j.addicn.2023.100100},
Abstract = {Contextual processing is implicated in the pathophysiology
of addictive disorders, but the nature of putative
deficiencies remains unclear. We assessed some aspects of
contextual processing across multimodal experimental
procedures with detoxified subjects who were dependent on
opioids (n = 18), alcohol- (n = 20), both opioids and
alcohol (n = 22) and healthy controls (n = 24) using a)
facial- and b) emotionally laden images; c) gambling task
and d) sucrose solutions. Healthy subjects displayed
consistent response pattern throughout all categories of the
presented stimuli. As a group, dependent subjects rated
(i.e., valuated) attractive and average faces respectively
more and less attractive in comparison to controls.
Dependent subjects' motivational effort, measured in the
units of computer keypress to determine the attractive
faces' viewing time, accorded the valuational context but
was diminished relatively to the average faces’ valuation.
Dependent subjects’ motivational effort for pleasant and
aversive images respectively mirrored the attractive and
average faces; their neutral images’ motivational effort
was incongruent with the valuational context framed by the
intermixed images. Also, dependent subjects’ emotional
responses to counterfactual comparisons of gambling outcomes
were unmatched by the riskiness context. Moreover, dependent
subjects failed to show greater liking of sweet solutions
that normally accompanies low sweetness perceptual context
indicative of higher sucrose concentration needed for
maximal hedonic experience. Consistent differences among the
dependent groups (opioid vs. alcohol vs. comorbid) on the
above procedures were not observed. The present findings
suggest that opioid and/or alcohol dependence may be
associated with amplified hedonic and motivational valuation
of pleasant stimuli and with a disrupted link between
behavioral/emotional responsivity and contextual variations.
Further research is warranted to unravel the distinctive
features of contextual processing in opioid- vis-à-vis
alcohol addiction and how these features may interrelate in
comorbid conditions.},
Doi = {10.1016/j.addicn.2023.100100},
Key = {fds373690}
}
@article{fds362209,
Author = {Bartmann, N and Rayburn-Reeves, R and Lindemans, J and Ariely,
D},
Title = {Does Real Age Feedback Really Motivate Us to Change our
Lifestyle? Results from an Online Experiment.},
Journal = {Health communication},
Volume = {38},
Number = {9},
Pages = {1744-1753},
Year = {2023},
Month = {October},
url = {http://dx.doi.org/10.1080/10410236.2022.2030078},
Abstract = {We set out to research the causal impact of Real Age
feedback, a popular tool on health and lifestyle platforms,
on health behaviors. We ran an online experiment where
participants were randomly assigned a Real Age that differed
in both direction (older or younger) and magnitude (much or
slightly) from their passport age, or to a control condition
where they received no Real Age feedback. We measured the
impact of Real Age feedback on motivation to begin a
healthier lifestyle, interest in taking a Real Age test, and
percentage click-rate on an optional health link. We found
that younger Real Age feedback was associated with higher
interest. In addition, participants who received a slightly
older Real Age were significantly less motivated to begin a
healthier lifestyle compared to not only those who received
a much younger or much older Real Age, but also to those in
the control condition, suggesting a backfire effect. This
effect remained even after accounting for participant
health, demographics, and other psychological correlates to
motivation. Real Age tests may backfire and demotivate
people, and the positive effects they may have on
psychological states may not outweigh the negative effects.
Though promising, we caution using Real Age tests in their
current form as stand-alone interventions to get people
motivated.},
Doi = {10.1080/10410236.2022.2030078},
Key = {fds362209}
}
@article{fds373935,
Author = {Nichols, AD and Axt, J and Gosnell, E and Ariely,
D},
Title = {A field study of the impacts of workplace diversity on the
recruitment of minority group members.},
Journal = {Nature human behaviour},
Volume = {7},
Number = {12},
Pages = {2212-2227},
Year = {2023},
Month = {December},
url = {http://dx.doi.org/10.1038/s41562-023-01731-5},
Abstract = {Increasing workplace diversity is a common goal. Given
research showing that minority applicants anticipate better
treatment in diverse workplaces, we ran a field experiment
(N = 1,585 applicants, N = 31,928 website visitors)
exploring how subtle organizational diversity cues affected
applicant behaviour. Potential applicants viewed a company
with varying levels of racial/ethnic or gender diversity.
There was little evidence that racial/ethnic or gender
diversity impacted the demographic composition or quality of
the applicant pool. However, fewer applications were
submitted to organizations with one form of diversity (that
is, racial/ethnic or gender diversity), and more
applications were submitted to organizations with only white
men employees or employees diverse in race/ethnicity and
gender. Finally, exploratory analyses found that female
applicants were rated as more qualified than male
applicants. Presenting a more diverse workforce does not
guarantee more minority applicants, and organizations
seeking to recruit minority applicants may need stronger
displays of commitments to diversity.},
Doi = {10.1038/s41562-023-01731-5},
Key = {fds373935}
}
@article{fds376098,
Author = {Diamond, JE and Kaltenbach, LA and Granger, BB and Fonarow, GC and Al-Khalidi, HR and Albert, NM and Butler, J and Allen, LA and Lanfear,
DE and Thibodeau, JT and Granger, CB and Hernandez, AF and Ariely, D and DeVore, AD},
Title = {Access to Mobile Health Interventions Among Patients
Hospitalized With Heart Failure: Insights Into the Digital
Divide From the CONNECT-HF mHealth Substudy.},
Journal = {Circ Heart Fail},
Volume = {17},
Number = {2},
Pages = {e011140},
Year = {2024},
Month = {February},
url = {http://dx.doi.org/10.1161/CIRCHEARTFAILURE.123.011140},
Doi = {10.1161/CIRCHEARTFAILURE.123.011140},
Key = {fds376098}
}
@article{fds372454,
Author = {Mitkidis, P and Perkovic, S and Nichols, A and Elbæk, CT and Gerlach,
P and Ariely, D},
Title = {Morality in minimally deceptive environments.},
Journal = {Journal of experimental psychology. Applied},
Volume = {30},
Number = {1},
Pages = {48-61},
Year = {2024},
Month = {March},
url = {http://dx.doi.org/10.1037/xap0000476},
Abstract = {Psychologists, economists, and philosophers have long argued
that in environments where deception is normative, moral
behavior is harmed. In this article, we show that
individuals making decisions within minimally deceptive
environments do not behave more dishonestly than in
nondeceptive environments. We demonstrate the latter using
an example of experimental deception within established
institutions, such as laboratories and institutional review
boards. We experimentally manipulated whether participants
received information about their deception. Across three
well-powered studies, we empirically demonstrate that
minimally deceptive environments do not affect downstream
dishonest behavior. Only when participants were in a
minimally deceptive environment and aware of being observed,
their dishonest behavior decreased. Our results show that
the relationship between deception and dishonesty might be
more complicated than previous interpretations have
suggested and expand the understanding of how deception
might affect (im)moral behavior. We discuss possible
limitations and future directions as well as the applied
nature of these findings. (PsycInfo Database Record (c) 2024
APA, all rights reserved).},
Doi = {10.1037/xap0000476},
Key = {fds372454}
}
@article{fds374611,
Author = {Landry, AP and Fincher, K and Barr, N and Brosowsky, NP and Protzko, J and Ariely, D and Seli, P},
Title = {Harnessing dehumanization theory, modern media, and an
intervention tournament to reduce support for retributive
war crimes},
Journal = {Journal of Experimental Social Psychology},
Volume = {111},
Year = {2024},
Month = {March},
url = {http://dx.doi.org/10.1016/j.jesp.2023.104567},
Abstract = {We demonstrate how psychological scientists can curate
rich-yet-accessible media to intervene on
conflict-escalating attitudes during the earliest stages of
violent conflicts. Although wartime atrocities all-too-often
ignite destructive cycles of tit-for-tat war crimes,
powerful third parties can de-escalate the bloodshed.
Therefore, following Russia's illegal invasion of Ukraine,
we aimed to reduce Americans' support for committing
retributive war crimes against Russian soldiers. To
intervene during the earliest stages of the invasion, we
drew on theories of dehumanization and “parasocial”
intergroup contact to curate publicly available media
expected to humanize Russian soldiers. We then identified
the most effective materials by simultaneously evaluating
all of them with an intervention tournament. This allowed us
to quickly implement a psychological intervention that
reliably reduced support for war crimes during the first
days of a momentous land war. Our work provides a practical,
result-driven model for developing psychological
interventions with the potential to de-escalate incipient
conflicts.},
Doi = {10.1016/j.jesp.2023.104567},
Key = {fds374611}
}
@article{fds376744,
Author = {Peer, E and Mazar, N and Feldman, Y and Ariely, D},
Title = {How pledges reduce dishonesty: The role of involvement and
identification},
Journal = {Journal of Experimental Social Psychology},
Volume = {113},
Year = {2024},
Month = {July},
url = {http://dx.doi.org/10.1016/j.jesp.2024.104614},
Abstract = {Authorities and managers often rely on individuals and
businesses' self-reports and employ various forms of honesty
declarations to ensure that those individuals and businesses
do not over-claim payments, benefits, or other resources.
While previous work has found that honesty pledges have the
potential to decrease dishonesty, effects have been mixed.
We argue that understanding and predicting when honesty
pledges are effective has been obstructed due to variations
in experimental designs and operationalizations of honesty
pledges in previous research. Specifically, we focus on the
role of whether and how an ex-ante honesty pledge asks
individuals to identify (by ID, name, initials) and how much
involvement the pledge requires from the individual (low:
just reading vs. high: re-typing the text of the pledge). In
four pre-registered online studies (N > 5000), we
systematically examine these two dimensions of a pledge to
find that involvement is often more effective than
identification. In addition, low involvement pledges,
without any identification, are mostly ineffective. Finally,
we find that the effect of a high (vs. low) involvement
pledge is relatively more persistent across tasks. Yet,
repeating a low involvement pledge across tasks increases
its effectiveness and compensates for the lower persistency
across tasks. Taken together, these results contribute both
to theory by comparing some of the mechanisms possibly
underlying honesty pledges as well as to practice by
providing guidance to managers and policymakers on how to
effectively design pledges to prevent or reduce dishonesty
in self-reports.},
Doi = {10.1016/j.jesp.2024.104614},
Key = {fds376744}
}
%% Baron, Jason
@article{fds361185,
Author = {Jason Baron and E and Goldstein, EG and Ryan, J},
Title = {The Push for Racial Equity in Child Welfare: Can Blind
Removals Reduce Disproportionality?},
Journal = {Journal of Policy Analysis and Management},
Volume = {42},
Number = {2},
Pages = {456-487},
Publisher = {WILEY},
Year = {2023},
Month = {March},
url = {http://dx.doi.org/10.1002/pam.22461},
Abstract = {We conduct the first quantitative analysis of “blind
removals,” an increasingly popular reform that seeks to
reduce the over-representation of Black children in foster
care by eliminating biases in the removal decisions of
investigators. We first show that over-representation in
most foster care systems is driven by Black children being
substantially more likely than White children to be
investigated for maltreatment to begin with. Conditional on
initial rates of investigation, investigators remove White
and Black children similarly. Second, we find no evidence
that blind removals impacted the already small racial
disparities in the removal decision, but they substantially
increased time to removal.},
Doi = {10.1002/pam.22461},
Key = {fds361185}
}
%% Becker, Charles M.
@article{fds370402,
Author = {Morgenstern, G and Becker, C},
Title = {Race and Subprime Lending Frequency: Understanding Subprime
Lending's Role in the St. Louis Vacancy Crisis},
Journal = {Review of Black Political Economy},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.1177/00346446231164167},
Abstract = {Using loan-level data, this analysis considers the
intersection of race, subprime home loans, and the current
vacancy crisis in St. Louis, Missouri. Borrowers in Black
areas in the north of St. Louis City and St. Louis County
received subprime home loans at higher frequencies during
the subprime boom period of 2003–2007 than those in White
areas, with differences in balloon loans especially stark.
Specifically, borrowers in Black neighborhoods received
subprime loans more frequently than those with equal FICO
scores in White neighborhoods. As a result of these
differential loan terms, North City and inner ring “First
Suburb” areas saw more foreclosure and borrower payment
delinquency, which in turn were highly associated with home
vacancy, controlling for other risk factors. However,
foreclosure was no longer a significant predictor of home
vacancy after controlling for demographic factors and FICO
score, indicating that the unequal loan terms may have
driven much of the increase in home vacancy in the St. Louis
area since the Great Recession.},
Doi = {10.1177/00346446231164167},
Key = {fds370402}
}
%% Bei, Xinyue
@article{fds371555,
Author = {Bei, X},
Title = {Local Linearization Based Subvector Inference in Moment
Inequality Models},
Year = {2023},
Month = {March},
Key = {fds371555}
}
%% Bennear, Lori S.
@article{fds371155,
Author = {Baker, J and Bennear, L and Olmstead, S},
Title = {Does Information Disclosure Reduce Drinking Water Violations
in the United States?},
Journal = {Journal of the Association of Environmental and Resource
Economists},
Volume = {10},
Number = {3},
Pages = {787-818},
Year = {2023},
Month = {May},
url = {http://dx.doi.org/10.1086/722619},
Abstract = {The 1996 Safe Drinking Water Act Amendments required
community water systems to disclose violations of drinking
water standards to their customers in annual water quality
reports. We explore the impact of three methods of
disclosure on health-based drinking water quality violations
using a matching and differences-in-differences framework
with a national data set of drinking water quality
violations from 1990 to 2001. We find that this information
disclosure requirement reduced drinking water violations
significantly and that the primary effect of disclosure on
violations persists for at least four years after policy
implementation. We find no evidence, however, that water
systems trade these potentially more salient violation
reductions for potentially less salient reductions in
violations of other standards, nor do we find any evidence
that water systems responded differentially to disclosure
based on the demo-graphic or political characteristics of
their customers.},
Doi = {10.1086/722619},
Key = {fds371155}
}
%% Berger, David
@article{fds346279,
Author = {Berger, D and Bocola, L and Dovis, A},
Title = {Imperfect Risk Sharing and the Business Cycle},
Journal = {Quarterly Journal of Economics},
Volume = {138},
Number = {3},
Pages = {1765-1815},
Publisher = {Oxford University Press (OUP)},
Year = {2023},
Month = {August},
url = {http://dx.doi.org/10.1093/qje/qjad013},
Abstract = {This article studies the macroeconomic implications of
imperfect risk sharing implied by a class of New Keynesian
models with heterogeneous agents. The models in this class
can be equivalently represented as a representative-agent
economy with wedges. These wedges are functions of
households' consumption shares and relative wages, and they
identify the key cross-sectional moments that govern the
impact of households' heterogeneity on aggregate variables.
We measure the wedges using U.S. household-level data and
combine them with a representative-agent economy to perform
counterfactuals. We find that deviations from perfect risk
sharing implied by this class of models account for only 7%
of output volatility on average but can have sizable output
effects when nominal interest rates reach their lower
bound.},
Doi = {10.1093/qje/qjad013},
Key = {fds346279}
}
%% Bollerslev, Tim
@article{fds369329,
Author = {Bollerslev, T},
Title = {The story of GARCH: A personal odyssey},
Journal = {Journal of Econometrics},
Volume = {234},
Pages = {96-100},
Year = {2023},
Month = {March},
url = {http://dx.doi.org/10.1016/j.jeconom.2023.01.015},
Abstract = {I provide a brief history of the origins of the GARCH model
and my 1986 paper published in the Journal, along with a
discussion of how the GARCH model and applications thereof
have flourished since then. I also briefly highlight
connections to the more recent realized volatility
literature.},
Doi = {10.1016/j.jeconom.2023.01.015},
Key = {fds369329}
}
@article{fds370201,
Author = {Bollerslev, T},
Title = {Reprint of: Generalized Autoregressive Conditional
Heteroskedasticity},
Journal = {Journal of Econometrics},
Volume = {234},
Pages = {25-37},
Year = {2023},
Month = {March},
url = {http://dx.doi.org/10.1016/j.jeconom.2023.02.001},
Abstract = {A natural generalization of the ARCH (Autoregressive
Conditional Heteroskedastic) process introduced in Engle
(1982) to allow for past conditional variances in the
current conditional variance equation is proposed.
Stationarity conditions and autocorrelation structure for
this new class of parametric models are derived. Maximum
likelihood estimation and testing are also considered.
Finally an empirical example relating to the uncertainty of
the inflation rate is presented.},
Doi = {10.1016/j.jeconom.2023.02.001},
Key = {fds370201}
}
@article{fds370453,
Author = {Aleti, S and Bollerslev, T and Siggaard, M},
Title = {Intraday Market Return Predictability Culled from the Factor
Zoo},
Year = {2023},
Month = {March},
Key = {fds370453}
}
@article{fds368502,
Author = {Bollerslev, T and Li, SZ and Tang, Y},
Title = {Forecasting and Managing Correlation Risks},
Year = {2023},
Month = {September},
Key = {fds368502}
}
@article{fds364997,
Author = {Bollerslev, T and Todorov, V},
Title = {The jump leverage risk premium},
Journal = {Journal of Financial Economics},
Volume = {150},
Number = {3},
Year = {2023},
Month = {December},
url = {http://dx.doi.org/10.1016/j.jfineco.2023.103723},
Abstract = {Jumps in asset prices are ubiquitous, yet the apparent high
price of jump risk observed empirically is commonly viewed
as puzzling. We develop new model-free short-time
risk-neutral variance expansions, allowing us to clearly
delineate the importance of jumps in generating both price
and variance risks. We find that simultaneous jumps in the
price and the stochastic volatility and/or jump intensity of
the market commands a sizeable risk premium. The existence
of “jump leverage” risk premium may be rationalized in
the context of equilibrium-based models by jumps in the
conditional moments of the underlying fundamentals and/or
changes in investors' risk aversion.},
Doi = {10.1016/j.jfineco.2023.103723},
Key = {fds364997}
}
@article{fds364998,
Author = {Bollerslev, T and Li, J and Li, Q},
Title = {Optimal nonparametric range-based volatility
estimation},
Journal = {Journal of Econometrics},
Volume = {238},
Number = {1},
Year = {2024},
Month = {January},
url = {http://dx.doi.org/10.1016/j.jeconom.2023.105548},
Abstract = {We present a general framework for optimal nonparametric
spot volatility estimation based on intraday range data,
comprised of the first, highest, lowest, and last price over
a given time-interval. We rely on a decision-theoretic
approach together with a coupling-type argument to directly
tailor the form of the nonparametric estimator to the
specific volatility measure of interest and relevant loss
function. The resulting new optimal estimators offer
substantial efficiency gains compared to existing commonly
used range-based procedures.},
Doi = {10.1016/j.jeconom.2023.105548},
Key = {fds364998}
}
%% Boyd, Gale A.
@misc{fds375359,
Author = {Dutrow, E and Worrell, E and Boyd, G},
Title = {ENERGY STAR Continues the Focus on Energy Efficiency in
Industrial Decarbonization},
Journal = {2023 AEE World Energy Conference and Expo},
Year = {2023},
Month = {January},
ISBN = {9781713883937},
Key = {fds375359}
}
@article{fds369897,
Author = {Abolhassani, A and Boyd, G and Jaridi, M and Gopalakrishnan, B and Harner, J},
Title = {“Is Energy That Different from Labor?” Similarity in
Determinants of Intensity for Auto Assembly
Plants},
Journal = {Energies},
Volume = {16},
Number = {4},
Year = {2023},
Month = {February},
url = {http://dx.doi.org/10.3390/en16041776},
Abstract = {This paper addresses the question “Is energy that
different from labor?” from the perspective of efficiency.
It presents a novel statistical analysis for the auto
assembly industry in North America to examine the
determinants of relative energy intensity, and contrasts
this with a similar analysis of the determinants of another
important factor of production, labor intensity. The data
used combine two non-public sources of data previously used
to separately study key performance indicators (KPIs) for
energy and labor intensity. The study found these two KPIs
are statistically correlated (the correlation coefficient is
0.67) and the relationship is one-to-one. The paper
identifies 11 factors that may influence both energy and
labor intensity KPIs. The study then contrasts which of the
empirical factors the two KPIs’ share and how they differ.
Two novel statistical methods, Huber estimators and Multiple
M-estimators, combined with regularized algorithms, are
identified as the preferred methods for robust statistical
models to estimate energy intensity. Based on our analysis,
the underlying determinants of energy efficiency and labor
productivity are quite similar. This implies that strategies
to improve energy may have spillover benefits to labor, and
vice versa. The study shows vehicle variety, car model
types, and launch of a new vehicle penalize both energy and
labor intensity, while flexible manufacturing, production
volume, and year of production improve both energy and labor
intensity. In addition, the study found that the plants that
produce small cars are more energy-efficient and productive
compared to plants that produce large vehicles. Moreover, in
a given functional unit, i.e., on a per-unit basis, Japanese
plants are more energy-efficient and productive compared to
American plants. Plant managers can use the proposed
data-driven approach to make the right decisions about the
energy efficiency targets and improve plants’ energy
efficiency up to 38% using hybrid regression methods,
mathematical modeling, plants’ resources, and
constraints.},
Doi = {10.3390/en16041776},
Key = {fds369897}
}
@article{fds370643,
Author = {Browning, M and McFarland, J and Bistline, J and Boyd, G and Muratori,
M and Binsted, M and Harris, C and Mai, T and Blanford, G and Edmonds, J and Fawcett, AA and Kaplan, O and Weyant, J},
Title = {Net-zero CO2 by 2050 scenarios for the United
States in the Energy Modeling Forum 37 study},
Journal = {Energy and Climate Change},
Volume = {4},
Year = {2023},
Month = {December},
url = {http://dx.doi.org/10.1016/j.egycc.2023.100104},
Abstract = {The Energy Modeling Forum (EMF) 37 study on deep
decarbonization and high electrification analyzed a set of
scenarios that achieve economy-wide net-zero carbon dioxide
(CO2) emissions in North America by mid-century, exploring
the implications of different technology evolutions,
policies, and behavioral assumptions affecting energy supply
and demand. For this paper, 16 modeling teams reported
resulting emissions projections, energy system evolution,
and economic activity. This paper provides an overview of
the study, documents the scenario design, provides a roadmap
for complementary forthcoming papers from this study, and
offers an initial summary and comparison of results for
net-zero CO2 by 2050 scenarios in the United States. We
compare various outcomes across models and scenarios, such
as emissions, energy use, fuel mix evolution, and technology
adoption. Despite disparate model structure and sources for
input assumptions, there is broad agreement in energy system
trends across models towards deep decarbonization of the
electricity sector coupled with increased end-use
electrification of buildings, transportation, and to a
lesser extent industry. All models deploy negative emissions
technologies (e.g., direct air capture and bioenergy with
carbon capture and storage) in addition to land sinks to
achieve net-zero CO2 emissions. Important differences
emerged in the results, showing divergent pathways among
end-use sectors with deep electrification and grid
decarbonization as necessary but not sufficient conditions
to achieve net zero. These differences will be explored in
the papers complementing this study to inform efforts to
reach net-zero emissions and future research
needs.},
Doi = {10.1016/j.egycc.2023.100104},
Key = {fds370643}
}
%% Clotfelter, Charles T.
@article{fds374585,
Author = {Clotfelter, CT},
Title = {Better State Lotteries},
Journal = {Public Finance Review},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.1177/10911421231206030},
Abstract = {Over the last three decades, a little-noted change has taken
place in state lotteries. This change is an increase in the
average payout rate, the share of sales that is returned to
players in the form of prizes. Because it reduces the rate
of implicit taxation on lottery purchases and its
accompanying welfare loss, this change has inadvertently
made lotteries better, or at least less objectionable. This
paper reviews the normative case for reducing the implied
tax, documents the rise in payout rates across the United
States, offers an explanation for that rise, notes the
starring role played by instant games, illustrates its
effect on the regressivity of lottery finance, and documents
the surprising correlation between the price of instant
games and their payout rates.},
Doi = {10.1177/10911421231206030},
Key = {fds374585}
}
@article{fds361295,
Author = {Clotfelter, CT and Hemelt, SW and Ladd, HF and Turaeva,
MR},
Title = {School Segregation in the Era of Color-Blind Jurisprudence
and School Choice},
Journal = {Urban Affairs Review},
Volume = {59},
Number = {2},
Pages = {406-446},
Year = {2023},
Month = {March},
url = {http://dx.doi.org/10.1177/10780874211049510},
Abstract = {The decades-long resistance to federally imposed school
desegregation entered a new phase at the turn of the new
century. At that time, federal courts stopped pushing racial
balance as a remedy for past segregation and adopted in its
place a color-blind approach to evaluating school district
assignment plans. Using data that span 1998 to 2016 from
North Carolina, one of the first states to come under this
color-blind dictum, we examine the ways in which households
and policymakers took actions that had the effect of
reducing the amount of interracial contact in K-12 schools
within counties. We divide these reductions in interracial
contact into portions due to the private school and charter
school sectors, the existence of multiple school districts,
and racial disparities between schools within districts and
sectors. For most counties, the last of these proves to be
the biggest, though in some counties private schools,
charter schools, or multiple districts played a deciding
role. In addition, we decompose segregation in the state's
11 metropolitan areas, finding that more than half can be
attributed to racial disparities inside school districts. We
also measure segregation by economic status, finding that
it, like racial segregation, increased in the largest urban
counties, but elsewhere changed little over the
period.},
Doi = {10.1177/10780874211049510},
Key = {fds361295}
}
@article{fds373880,
Author = {Clotfelter, CT and Ladd, HF and Clifton, CR},
Title = {RACIAL DIFFERENCES IN STUDENT ACCESS TO HIGH-QUALITY
TEACHERS},
Journal = {Education Finance and Policy},
Volume = {18},
Number = {4},
Pages = {738-752},
Year = {2023},
Month = {September},
url = {http://dx.doi.org/10.1162/edfp_a_00402},
Abstract = {Access to high-quality teachers in K–12 schools differs
systematically by racial group. This policy brief reviews
the academic research documenting these differences and the
labor market forces and segregation patterns that solidify
them. It also presents new analysis of differential exposure
in North Carolina of white, black, and Hispanic students to
teachers with different quality-related credentials across
five grade–subject combinations. White students are most
often in classrooms taught by teachers with strong
credentials and least often by those with weak credentials,
not only across the state as a whole, but also within most
of the state’s counties, especially those whose schools
are most segregated by race. To address such disparities,
decision makers at all three levels— state, district, and
school—have various policy options to consider, with each
level having an important role to play.},
Doi = {10.1162/edfp_a_00402},
Key = {fds373880}
}
%% Cohen, Wesley M.
@article{fds367670,
Author = {Arora, A and Cohen, W and Lee, H and Sebastian, D},
Title = {Invention value, inventive capability and the large firm
advantage},
Journal = {Research Policy},
Volume = {52},
Number = {1},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.1016/j.respol.2022.104650},
Abstract = {Do large firms produce more valuable inventions, and if so,
why? After confirming that large firms indeed produce more
valuable inventions, we consider two possible sources: a
superior ability to invent, or a superior ability to extract
value from their inventions. We develop a simple model that
discriminates between the two explanations. Using a sample
of 2,786 public corporations, and measures of both patent
quality and patent value, we find that, while average
invention value rises with size, average invention quality
declines, suggesting, per our model, that the large firm
advantage is not due to superior inventive capability, but
due to the superior ability to extract value. We provide
evidence suggesting that this superior ability to extract
value is due to the greater commercialization capabilities
of larger firms.},
Doi = {10.1016/j.respol.2022.104650},
Key = {fds367670}
}
%% Conitzer, Vincent
@article{fds375182,
Author = {Tewolde, E and Oesterheld, C and Conitzer, V and Goldberg,
PW},
Title = {The Computational Complexity of Single-Player
Imperfect-Recall Games},
Journal = {IJCAI International Joint Conference on Artificial
Intelligence},
Volume = {2023-August},
Pages = {2878-2887},
Year = {2023},
Month = {January},
ISBN = {9781956792034},
Abstract = {We study single-player extensive-form games with imperfect
recall, such as the Sleeping Beauty problem or the
Absentminded Driver game. For such games, two natural
equilibrium concepts have been proposed as alternative
solution concepts to ex-ante optimality. One equilibrium
concept uses generalized double halving (GDH) as a belief
system and evidential decision theory (EDT), and another one
uses generalized thirding (GT) as a belief system and causal
decision theory (CDT). Our findings relate those three
solution concepts of a game to solution concepts of a
polynomial maximization problem: global optima, optimal
points with respect to subsets of variables and
Karush-Kuhn-Tucker (KKT) points. Based on these
correspondences, we are able to settle various
complexity-theoretic questions on the computation of such
strategies. For ex-ante optimality and (EDT,GDH)-equilibria,
we obtain NP-hardness and inapproximability, and for
(CDT,GT)-equilibria we obtain CLS-completeness
results.},
Key = {fds375182}
}
@article{fds375183,
Author = {Kovařík, V and Oesterheld, C and Conitzer, V},
Title = {Game Theory with Simulation of Other Players},
Journal = {IJCAI International Joint Conference on Artificial
Intelligence},
Volume = {2023-August},
Pages = {2800-2807},
Year = {2023},
Month = {January},
ISBN = {9781956792034},
Abstract = {Game-theoretic interactions with AI agents could differ from
traditional human-human interactions in various ways. One
such difference is that it may be possible to simulate an AI
agent (for example because its source code is known), which
allows others to accurately predict the agent's actions.
This could lower the bar for trust and cooperation. In this
paper, we formalize games in which one player can simulate
another at a cost. We first derive some basic properties of
such games and then prove a number of results for them,
including: (1) introducing simulation into generic-payoff
normal-form games makes them easier to solve; (2) if the
only obstacle to cooperation is a lack of trust in the
possibly-simulated agent, simulation enables equilibria that
improve the outcome for both agents; and however (3) there
are settings where introducing simulation results in
strictly worse outcomes for both players.},
Key = {fds375183}
}
@article{fds375181,
Author = {Jecmen, S and Yoon, M and Conitzer, V and Shah, NB and Fang,
F},
Title = {A Dataset on Malicious Paper Bidding in Peer
Review},
Journal = {ACM Web Conference 2023 - Proceedings of the World Wide Web
Conference, WWW 2023},
Pages = {3816-3826},
Year = {2023},
Month = {April},
ISBN = {9781450394161},
url = {http://dx.doi.org/10.1145/3543507.3583424},
Abstract = {In conference peer review, reviewers are often asked to
provide "bids"on each submitted paper that express their
interest in reviewing that paper. A paper assignment
algorithm then uses these bids (along with other data) to
compute a high-quality assignment of reviewers to papers.
However, this process has been exploited by malicious
reviewers who strategically bid in order to unethically
manipulate the paper assignment, crucially undermining the
peer review process. For example, these reviewers may aim to
get assigned to a friend's paper as part of a quid-pro-quo
deal. A critical impediment towards creating and evaluating
methods to mitigate this issue is the lack of any
publicly-available data on malicious paper bidding. In this
work, we collect and publicly release a novel dataset to
fill this gap, collected from a mock conference activity
where participants were instructed to bid either honestly or
maliciously. We further provide a descriptive analysis of
the bidding behavior, including our categorization of
different strategies employed by participants. Finally, we
evaluate the ability of each strategy to manipulate the
assignment, and also evaluate the performance of some simple
algorithms meant to detect malicious bidding. The
performance of these detection algorithms can be taken as a
baseline for future research on detecting malicious
bidding.},
Doi = {10.1145/3543507.3583424},
Key = {fds375181}
}
@article{fds375180,
Author = {Conitzer, V and Oesterheld, C},
Title = {Foundations of Cooperative AI},
Journal = {Proceedings of the 37th AAAI Conference on Artificial
Intelligence, AAAI 2023},
Volume = {37},
Pages = {15359-15367},
Year = {2023},
Month = {June},
ISBN = {9781577358800},
Abstract = {AI systems can interact in unexpected ways, sometimes with
disastrous consequences. As AI gets to control more of our
world, these interactions will become more common and have
higher stakes. As AI becomes more advanced, these
interactions will become more sophisticated, and game theory
will provide the tools for analyzing these interactions.
However, AI agents are in some ways unlike the agents
traditionally studied in game theory, introducing new
challenges as well as opportunities. We propose a research
agenda to develop the game theory of highly advanced AI
agents, with a focus on achieving cooperation.},
Key = {fds375180}
}
@article{fds375179,
Author = {Zhang, H and Cheng, Y and Conitzer, V},
Title = {Efficiently Solving Turn-Taking Stochastic Games with
Extensive-Form Correlation},
Journal = {EC 2023 - Proceedings of the 24th ACM Conference on
Economics and Computation},
Pages = {1161-1186},
Year = {2023},
Month = {July},
ISBN = {9798400701047},
url = {http://dx.doi.org/10.1145/3580507.3597665},
Abstract = {We study equilibrium computation with extensive-form
correlation in two-player turn-taking stochastic games. Our
main results are two-fold: (1) We give an algorithm for
computing a Stackelberg extensive-form correlated
equilibrium (SEFCE), which runs in time polynomial in the
size of the game, as well as the number of bits required to
encode each input number. (2) We give an efficient algorithm
for approximately computing an optimal extensive-form
correlated equilibrium (EFCE) up to machine precision, i.e.,
the algorithm achieves approximation error ϵ in time
polynomial in the size of the game, as well as log(1/ϵ).Our
algorithm for SEFCE is the first polynomial-time algorithm
for equilibrium computation with commitment in such a
general class of stochastic games. Existing algorithms for
SEFCE typically make stronger assumptions such as no chance
moves, and are designed for extensive-form games in the less
succinct tree form. Our algorithm for approximately optimal
EFCE is, to our knowledge, the first algorithm that achieves
3 desiderata simultaneously: approximate optimality,
polylogarithmic dependency on the approximation error and
compatibility with stochastic games in the more succinct
graph form. Existing algorithms achieve at most 2 of these
desiderata, often also relying on additional technical
assumptions.},
Doi = {10.1145/3580507.3597665},
Key = {fds375179}
}
@article{fds375178,
Author = {Oesterheld, C and Demski, A and Conitzer, V},
Title = {A Theory of Bounded Inductive Rationality},
Journal = {Electronic Proceedings in Theoretical Computer Science,
EPTCS},
Volume = {379},
Pages = {421-440},
Year = {2023},
Month = {July},
url = {http://dx.doi.org/10.4204/EPTCS.379.33},
Abstract = {The dominant theories of rational choice assume logical
omniscience. That is, they assume that when facing a
decision problem, an agent can perform all relevant
computations and determine the truth value of all relevant
logical/mathematical claims. This assumption is unrealistic
when, for example, we offer bets on remote digits of π or
when an agent faces a computationally intractable planning
problem. Furthermore, the assumption of logical omniscience
creates contradictions in cases where the environment can
contain descriptions of the agent itself. Importantly,
strategic interactions as studied in game theory are
decision problems in which a rational agent is predicted by
its environment (the other players). In this paper, we
develop a theory of rational decision making that does not
assume logical omniscience. We consider agents who
repeatedly face decision problems (including ones like
betting on digits of π or games against other agents). The
main contribution of this paper is to provide a sensible
theory of rationality for such agents. Roughly, we require
that a boundedly rational inductive agent tests each
efficiently computable hypothesis infinitely often and
follows those hypotheses that keep their promises of high
rewards. We then prove that agents that are rational in this
sense have other desirable properties. For example, they
learn to value random and pseudo-random lotteries at their
expected reward. Finally, we consider strategic interactions
between different agents and prove a folk theorem for what
strategies bounded rational inductive agents can converge
to.},
Doi = {10.4204/EPTCS.379.33},
Key = {fds375178}
}
%% Cook, Philip J.
@book{fds370071,
Author = {Braga, AA and Cook, PJ},
Title = {Policing gun violence: Strategic reforms for controlling our
most pressing crime problem},
Pages = {1-241},
Year = {2023},
Month = {January},
ISBN = {9780199929283},
url = {http://dx.doi.org/10.1093/oso/9780199929283.001.0001},
Abstract = {This book makes the case that increasing the effectiveness
of the police in gun-violence prevention is both possible
and essential. It is essential because in many cities, gun
violence is the most pressing crime problem, making cities
less liveable and negatively affecting economic development.
There is no good alternative to police authority for gaining
control of criminal gangs and interrupting cycles of
retaliation. Increasing police effectiveness is possible due
to considerable advances in the understanding of what works
(and what does not) in the strategic use of police
resources. In particular, innovations such as focused
deterrence, hot spots policing, procedural justice, and
enhanced shooting investigations have been widely studied
and offer real promise if implemented correctly. The
challenges in this domain begin with the fact that
low-income communities of color, which bear the brunt of gun
violence, tend to be distrustful of the police. Residents of
these communities often believe that they are overpoliced,
due to heavy-handed tactics and officer-involved shootings.
But they also believe they are underpoliced, as evidenced by
slow response times, failure to intervene in tense
situations, and low arrest rates for serious crime. A
comprehensive strategy for policing gun violence requires a
community focus and a commitment to reining in police
misbehavior. This book makes the case that, done correctly,
policing gun violence is an urgent investment and a matter
of social justice.},
Doi = {10.1093/oso/9780199929283.001.0001},
Key = {fds370071}
}
@article{fds350093,
Author = {Zang, E and Tan, PL and Cook, PJ},
Title = {Sibling Spillovers: Having an Academically Successful Older
Sibling May be More Important for Children in Disadvantaged
Families.},
Journal = {AJS; American journal of sociology},
Volume = {128},
Number = {5},
Pages = {1529-1571},
Year = {2023},
Month = {March},
url = {http://dx.doi.org/10.1086/724723},
Abstract = {This paper examines causal sibling spillover effects among
students from different family backgrounds in elementary and
middle school. Family backgrounds are captured by race,
household structure, mothers' educational attainment, and
school poverty. Exploiting discontinuities in school
starting age created by North Carolina school-entry laws, we
adopt a quasi-experimental approach and compare test scores
of public school students whose older siblings were born
shortly before and after the school-entry cutoff date. We
find that individuals whose older siblings were born shortly
after the school-entry cutoff date have significantly higher
test scores in middle school, and that this positive
spillover effect is particularly strong in disadvantaged
families. We estimate that the spillover effect accounts for
approximately one third of observed statistical associations
in test scores between siblings, and the magnitude is much
larger for disadvantaged families. Our results suggest that
spillover effects from older to younger siblings may lead to
greater divergence in academic outcomes and economic
inequality between families.},
Doi = {10.1086/724723},
Key = {fds350093}
}
@article{fds357520,
Author = {Guryan, J and Ludwig, J and Bhatt, MP and Cook, PJ and Davis, JMV and Dodge, K and Farkas, G and Fryer, RG and Mayer, S and Pollack, H and Steinberg, L and Stoddard, G},
Title = {Not Too Late: Improving Academic Outcomes among
Adolescents},
Journal = {American Economic Review},
Volume = {113},
Number = {3},
Pages = {738-765},
Publisher = {American Economic Association},
Year = {2023},
Month = {March},
url = {http://dx.doi.org/10.1257/aer.20210434},
Abstract = {Improving academic outcomes for economically disadvantaged
students has proven challenging, particularly for children
at older ages. We present two large-scale randomized
controlled trials of a high-dosage tutoring program
delivered to secondary school students in Chicago. One
innovation is to use paraprofessional tutors to hold down
cost, thereby increasing scalability. Participating in math
tutoring increases math test scores by 0.18 to 0.40 standard
deviations and increases math and nonmath course grades.
These effects persist into future years. The data are
consistent with increased personalization of instruction as
a mechanism. The benefit- cost ratio is comparable to many
successful early childhood programs.(JEL H75, I21, I24, I26,
I32, J13, J15).},
Doi = {10.1257/aer.20210434},
Key = {fds357520}
}
@article{fds376103,
Author = {Cook, PJ and Mancik, A},
Title = {The Sixty-Year Trajectory of Homicide Clearance Rates:
Toward a Better Understanding of the Great
Decline},
Journal = {Annual Review of Criminology},
Volume = {7},
Pages = {59-83},
Year = {2024},
Month = {January},
url = {http://dx.doi.org/10.1146/annurev-criminol-022422-122744},
Abstract = {In 1962, the FBI reported a national homicide clearance rate
of 93%. That rate dropped 29 points by 1994. This Great
Decline has been studied and accepted as a real phenomenon
but remains mysterious, as does the period of relative
stability that followed. The decline was shared across
regions and all city sizes but differed greatly among
categories defined by victim race and weapon type. Gun
homicides with Black victims accounted for most of the
decline. We review the evidence on several possible
explanations for the national decline, including those
pertaining to case mix, investigation resources, and citizen
cooperation. Our preferred explanation includes an upward
trend in the standard for arrest, with strong evidence that
although clearance-by-arrest rates declined, the likelihood
of conviction and prison sentence actually increased. That
result has obvious implications for the history of policing
practice and for the validity of the usual clearance rate as
a police performance measure.},
Doi = {10.1146/annurev-criminol-022422-122744},
Key = {fds376103}
}
@article{fds375283,
Author = {Cook, PJ and Lopez, J},
Title = {Explaining the Extraordinary Decline in Chicago’s Homicide
Arrest Rates, 1965 to 1994 and Beyond: Trends in Case Mix
Versus Standards for Arrest},
Journal = {Journal of Contemporary Criminal Justice},
Volume = {40},
Number = {1},
Pages = {82-112},
Year = {2024},
Month = {February},
url = {http://dx.doi.org/10.1177/10439862231219470},
Abstract = {Chicago’s homicide arrest rate dropped from 91% in 1965 to
57% in 1994 and dropped still lower in recent years. This
pattern mirrors the trend in the national homicide clearance
rate. A plausible explanation for this great decline is the
trend in homicide case mix, which arguably has made it
intrinsically more difficult to solve homicide cases. Our
analysis describes the change in case mix for the period
1965 to 2020 and analyzes the effect on the arrest rate for
the first 30 years of this period, all by use of a unique
homicide case microdata set. We document the large changes
in case mix: for example, the percentage of all homicides in
which a male victim was shot outdoors increased from 18%
(1965) to 69% (2020). But the change in case mix does not
account for Chicago’s great decline during the earlier
decades, as we demonstrate by use of a novel arrest rate
index. In fact, the arrest rates in each of the categories
defined by location, sex, and weapon type exhibited similar
declines through 1994. (Subsequent years of arrest data are
unavailable for now.) Our preferred explanation for the
great decline is that the operational standard for making an
arrest increased during this period. That interpretation is
well supported by evidence explaining the corresponding
national trend, though direct evidence is lacking for
Chicago. This interpretation challenges the use of the
arrest rate as a police performance indicator and offers a
positive interpretation of the great decline.},
Doi = {10.1177/10439862231219470},
Key = {fds375283}
}
%% Cuddy, Emily A
@article{fds375265,
Author = {Cuddy, E and Lu, YP and Ridley, DB},
Title = {FDA Global Drug Inspections: Surveillance Of Manufacturing
Establishments Remains Well Below Pre-COVID-19
Levels.},
Journal = {Health affairs (Project Hope)},
Volume = {42},
Number = {12},
Pages = {1758-1766},
Year = {2023},
Month = {December},
url = {http://dx.doi.org/10.1377/hlthaff.2023.00686},
Abstract = {During the initial phase of the COVID-19 pandemic, the Food
and Drug Administration (FDA) halted inspections of most
overseas drug manufacturing establishments. Looking at data
from the period 2012-22, we observed steep declines in both
foreign and domestic inspections in 2020. By 2022, numbers
of inspections remained well below prepandemic levels, with
a 79 percent decrease in foreign inspections and a
35 percent decline in domestic inspections compared with
2019. There was no corresponding reduction in drug
manufacturing or imports. Also, the resources allocated per
inspection surged, although the FDA's overall budget and
staffing remained steady. Finally, citations rose
dramatically, despite all establishments being given advance
notice of inspections. The findings of our study underscore
the pressing need to explore alternative methods for
ensuring drug safety.},
Doi = {10.1377/hlthaff.2023.00686},
Key = {fds375265}
}
%% Darity, William A.
@book{fds370582,
Author = {Darity, WA and Mullen, AK and Hubbard, L},
Title = {Introduction},
Pages = {1-7},
Year = {2023},
Month = {January},
ISBN = {9780520383814},
Key = {fds370582}
}
@book{fds370583,
Author = {Darity, WA and Mullen, AK and Hubbard, L},
Title = {The Black Reparations Project: A Handbook for Racial
Justice},
Pages = {1-258},
Year = {2023},
Month = {January},
ISBN = {9780520383814},
Abstract = {This groundbreaking resource moves us from theory to action
with a practical plan for reparations. A surge in interest
in black reparations is taking place in America on a scale
not seen since the Reconstruction Era. The Black Reparations
Project gathers an accomplished interdisciplinary team of
scholars—members of the Reparations Planning
Committee—who have considered the issues pertinent to
making reparations happen. This book will be an essential
resource in the national conversation going forward. The
first section of The Black Reparations Project crystallizes
the rationale for reparations, cataloguing centuries of
racial repression, discrimination, violence, mass
incarceration, and the immense black-white wealth gap.
Drawing on the contributors’ expertise in economics,
history, law, public policy, public health, and education,
the second section unfurls direct guidance for building and
implementing a reparations program, including draft
legislation that addresses how the program should be
financed and how claimants can be identified and
compensated. Rigorous and comprehensive, The Black
Reparations Project will motivate, guide, and speed the
final leg of the journey for justice.},
Key = {fds370583}
}
@article{fds373883,
Author = {Darity, WA and García, RE and Russell, L and Zumaeta,
JN},
Title = {Racial Disparities in Family Income, Assets, and
Liabilities: A Century After the 1921 Tulsa
Massacre},
Journal = {Journal of Family and Economic Issues},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.1007/s10834-023-09938-4},
Abstract = {This paper examines the financial health of racial-ethnic
groups in Tulsa, Oklahoma, nearly a century after the 1921
Tulsa Massacre. We use data from the Tulsa National Asset
Scorecard for Communities of Color (NASCC) survey to assess
the financial health of two demographic groups that were
historically the victims of racial violence - Native
Americans and Black Americans. Specifically, we investigate
financial outcomes a century after these groups made
significant economic gains during the Tulsa oil boom in the
early 1900 s and were subsequently victimized by racial
violence. We find that Black households have statistically
significantly less wealth and income than Whites in Tulsa.
Our decomposition analysis shows household demographic
differences between Blacks and Whites largely do not explain
these wealth and income gaps, suggestive of historical
discrimination. While in the case of the Native American
tribes and Whites, the findings generally show no
statistical significance. Compared to other NASCC-surveyed
cities that did not experience destruction to the level of
the Tulsa Massacre, the Black-White wealth and income gaps
and the unexplained portion of the decompositions are the
largest in Tulsa. Our results provisionally suggest that
past exposure to racial violence can have long-term effects
on the economic outcomes of the affected groups decades
later.},
Doi = {10.1007/s10834-023-09938-4},
Key = {fds373883}
}
@misc{fds370585,
Author = {Darity, WA and Mullen, AK and Hubbard, L},
Title = {Where Does Black Reparations in America Stand?},
Pages = {11-21},
Booktitle = {The Black Reparations Project: A Handbook for Racial
Justice},
Year = {2023},
Month = {January},
ISBN = {9780520383814},
Key = {fds370585}
}
@misc{fds370586,
Author = {Mullen, AK and Darity, WA},
Title = {Learning from Past Experiences with Reparations},
Pages = {111-137},
Booktitle = {The Black Reparations Project: A Handbook for Racial
Justice},
Year = {2023},
Month = {January},
ISBN = {9780520383814},
Key = {fds370586}
}
@misc{fds370584,
Author = {Darity, WA and Mullen, AK},
Title = {On the Black Reparations Highway: Avoiding the
Detours},
Pages = {200-212},
Booktitle = {The Black Reparations Project: A Handbook for Racial
Justice},
Year = {2023},
Month = {January},
ISBN = {9780520383814},
Key = {fds370584}
}
@misc{fds370581,
Author = {Craemer, T and Smith, T and Harrison, B and Logan, TD and Bellamy, W and Darity, WA},
Title = {Wealth Implications of Slavery and Racial Discrimination for
African American Descendants of the Enslaved},
Pages = {22-62},
Booktitle = {The Black Reparations Project: A Handbook for Racial
Justice},
Year = {2023},
Month = {January},
ISBN = {9780520383814},
Key = {fds370581}
}
@article{fds370580,
Author = {Krzyzanowski, MC and Ives, CL and Jones, NL and Entwisle, B and Fernandez, A and Cullen, TA and Darity, WA and Fossett, M and Remington,
PL and Taualii, M and Wilkins, CH and Pérez-Stable, EJ and Rajapakse,
N and Breen, N and Zhang, X and Maiese, DR and Hendershot, TP and Mandal,
M and Hwang, SY and Huggins, W and Gridley, L and Riley, A and Ramos, EM and Hamilton, CM},
Title = {The PhenX Toolkit: Measurement Protocols for Assessment of
Social Determinants of Health.},
Journal = {American journal of preventive medicine},
Volume = {65},
Number = {3},
Pages = {534-542},
Year = {2023},
Month = {September},
url = {http://dx.doi.org/10.1016/j.amepre.2023.03.003},
Abstract = {<h4>Introduction</h4>Social determinants are structures and
conditions in the biological, physical, built, and social
environments that affect health, social and physical
functioning, health risk, quality of life, and health
outcomes. The adoption of recommended, standard measurement
protocols for social determinants of health will advance the
science of minority health and health disparities research
and provide standard social determinants of health protocols
for inclusion in all studies with human participants.<h4>Methods</h4>A
PhenX (consensus measures for Phenotypes and eXposures)
Working Group of social determinants of health experts was
convened from October 2018 to May 2020 and followed a
well-established consensus process to identify and recommend
social determinants of health measurement protocols. The
PhenX Toolkit contains data collection protocols suitable
for inclusion in a wide range of research studies. The
recommended social determinants of health protocols were
shared with the broader scientific community to invite
review and feedback before being added to the
Toolkit.<h4>Results</h4>Nineteen social determinants of
health protocols were released in the PhenX Toolkit
(https://www.phenxtoolkit.org) in May 2020 to provide
measures at the individual and structural levels for built
and natural environments, structural racism, economic
resources, employment status, occupational health and
safety, education, environmental exposures, food
environment, health and health care, and sociocultural
community context.<h4>Conclusions</h4>Promoting the adoption
of well-established social determinants of health protocols
can enable consistent data collection and facilitate
comparing and combining studies, with the potential to
increase their scientific impact.},
Doi = {10.1016/j.amepre.2023.03.003},
Key = {fds370580}
}
@article{fds372646,
Author = {Darity, WA},
Title = {Reconsidering the economics of identity: Position, power,
and property},
Journal = {Applied Economic Perspectives and Policy},
Volume = {46},
Number = {1},
Pages = {4-12},
Year = {2024},
Month = {March},
url = {http://dx.doi.org/10.1002/aepp.13394},
Abstract = {The origin of inequality between social identity groups is
anchored in acts of violent dispossession of freedom and
property by the group seeking the advantages of dominance.
The beginning of contemporary disparities in income and
especially wealth between Black and White Americans follow
the same pattern. Of particular significance is the
racialized character of U.S. land distribution policies in
the aftermath of the Civil War.},
Doi = {10.1002/aepp.13394},
Key = {fds372646}
}
@article{fds374534,
Author = {Lefebvre, S and Aja, A and López, N and Darity, W and Hamilton,
D},
Title = {Toward a Latinx Stratification Economics},
Journal = {Review of Black Political Economy},
Volume = {51},
Number = {1},
Pages = {44-78},
Year = {2024},
Month = {March},
url = {http://dx.doi.org/10.1177/00346446231212713},
Abstract = {This paper describes Latinx stratification economics (LSE)
as a scholarly approach to studying the economic status of
Latinas/os/es/xs primarily in the United States. We coin the
term LSE to refer to work that draws on and is in
conversation with both the emergent, interdisciplinary
subfield of stratification economics (SE) and the
interdisciplinary field of Latinx studies (LS). SE and LS
have distinct intellectual traditions and drawing on both
leads to strong theoretical and empirical scholarship on
Latinxs, on the operation of race across space and
historical time, and on the intersection of race with other
systems of domination. We discuss how, based on these
perspectives, it is misguided to expect racial/ethnic
categories like Hispanic to be consistent over time and
space and to correspond reliably with phenotypical
characteristics or culture. We argue that a good faith
reading of the LS literature would result in the
recommendation to subordinate models of migration to models
of colonialism and imperialism. We discuss the significance
of normative goals and social justice to complement “gap
analysis” comparisons to non-Hispanic whites. Lastly, we
discuss deficiencies of the dominant models of
discrimination and, as an alternative, we highlight rational
models of racism that involve strategic identifications with
whiteness, blackness, and mestizaje, including by members
who identify as Latinx or those with Hispanic
ancestry.},
Doi = {10.1177/00346446231212713},
Key = {fds374534}
}
@article{fds376701,
Author = {Albright, TD and Darity, WA and Dunn, D and Ghani, R and Hayes-Greene,
D and Hernández, TK and Heron, S},
Title = {Beyond Implicit Bias},
Journal = {Daedalus},
Volume = {153},
Number = {1},
Pages = {276-283},
Year = {2024},
Month = {December},
url = {http://dx.doi.org/10.1162/daed_a_02060},
Doi = {10.1162/daed_a_02060},
Key = {fds376701}
}
%% de Marchi, Neil
@misc{fds371866,
Author = {De Marchi and N and Van Miegroet and HJ},
Title = {Exploring Markets in Spain and Nueva España},
Pages = {198-202},
Booktitle = {A History of the Western Art Market: A Sourcebook of
Writings on Artists, Dealers, and Markets},
Year = {2023},
Month = {January},
ISBN = {9780520290631},
Key = {fds371866}
}
%% DeSimone, Jeffrey
@article{fds371957,
Author = {Desimone, J and Grossman, D and Ziebarth, N},
Title = {REGRESSION DISCONTINUITY EVIDENCE ON THE EFFECTIVENESS OF
THE MINIMUM LEGAL E-CIGARETTE PURCHASING
AGE},
Journal = {American Journal of Health Economics},
Volume = {9},
Number = {3},
Pages = {461-485},
Publisher = {University of Chicago Press},
Year = {2023},
Month = {June},
url = {http://dx.doi.org/10.1086/723401},
Abstract = {Increases in youth vaping rates and concerns of a new
generation of nicotine addicts re-cently prompted an
increase in the federal minimum legal purchase age (MLPA)
for tobacco products, including e-cigarettes, to 21 years.
This study presents the first regression discontinuity
evidence on the effectiveness of e-cigarette MLPA laws.
Using data on 12th graders from Monitoring the Future, we
obtain robust evidence that federal and state age 18 MLPAs
decreased underage e-cigarette use by 15–20 percent and
frequent use by 20–40 percent. These findings suggest that
the age 21 federal MLPA could meaningfully reduce
e-cigarette use among 18-to 20-year-olds.},
Doi = {10.1086/723401},
Key = {fds371957}
}
%% Dix-Carneiro, Rafael
@article{fds364939,
Author = {Dix-Carneiro, R and Traiberman, S},
Title = {Globalization, trade imbalances and inequality},
Journal = {Journal of Monetary Economics},
Volume = {133},
Pages = {48-72},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.1016/j.jmoneco.2022.10.002},
Abstract = {What is the role of trade imbalances for the distributional
consequences of globalization? We answer this question
through the lens of a quantitative, general equilibrium,
multi-country, multi-sector model of trade with four key
ingredients: (a) workers with different levels of skills are
organized into separate representative households; (b)
endogenous trade imbalances arise from households’
consumption and saving decisions; (c) production exhibits
capital-skill complementarity; and (d) labor markets feature
both sectoral mobility frictions and non-employment. We
conduct a series of counterfactual experiments that
illustrate the quantitative importance of both trade
imbalances and capital-skill complementarity for the
dynamics of the skill premium. We show that modeling trade
imbalances can lead to stark differences between short- and
long-run consequences of globalization shocks for the skill
premium.},
Doi = {10.1016/j.jmoneco.2022.10.002},
Key = {fds364939}
}
@article{fds369022,
Author = {Dix-Carneiro, R and Pessoa, JP and Reyes-Heroles, R and Traiberman,
S},
Title = {Globalization, Trade Imbalances, and Labor Market
Adjustment*},
Journal = {Q J Econ},
Pages = {qjac043},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.1093/qje/qjac043},
Abstract = {We argue that modeling trade imbalances is crucial for
understanding transitional dynamics in response to
globalization shocks. We build and estimate a general
equilibrium, multicountry, multisector model of trade with
two key ingredients: (i) endogenous trade imbalances arising
from households’ consumption and saving decisions; (ii)
labor market frictions across and within sectors. We use our
model to perform several empirical exercises. We find that
the “China shock” accounted for 28% of the decline in
U.S. manufacturing between 2000 and 2014—1.65 times the
magnitude predicted from a model imposing balanced trade. A
concurrent rise in U.S. service employment led to a
negligible aggregate unemployment response. We benchmark our
model’s predictions for the gains from trade against the
popular ACR sufficient-statistics approach. We find that our
predictions for the long-run gains from trade and
consumption dynamics significantly diverge.},
Doi = {10.1093/qje/qjac043},
Key = {fds369022}
}
%% Eldar, Ofer
@article{fds363810,
Author = {Eldar, O and Rauterberg, GV},
Title = {Is Corporate Law Nonpartisan?},
Journal = {Wisconsin Law Review},
Volume = {2023},
Number = {1},
Pages = {177-236},
Year = {2023},
Key = {fds363810}
}
@article{fds363811,
Author = {Eldar, O and Garber, C},
Title = {Does Government Play Favorites? Evidence from Opportunity
Zones},
Journal = {Journal of Law & Economics},
Volume = {102},
Number = {4},
Pages = {1397-1440},
Year = {2023},
Key = {fds363811}
}
@misc{fds367742,
Author = {Eldar, O},
Title = {Are Enterprise Foundations Possible in the United
States?},
Booktitle = {Enterprise Foundation Law in a Comparative
Perspective},
Publisher = {Intersentia},
Year = {2023},
Key = {fds367742}
}
@misc{fds369000,
Author = {Eldar, O},
Title = {The Governance of Entrepreneurship},
Booktitle = {Research Agenda for Corporate Law},
Publisher = {Edward Elgar Publishing},
Year = {2023},
Key = {fds369000}
}
%% Field, Erica
@article{fds371429,
Author = {Field, E and Pande, R and Rigol, N and Schaner, S and Stacy, E and Moore,
CT},
Title = {Measuring time use in rural India: Design and validation of
a low-cost survey module},
Journal = {Journal of Development Economics},
Volume = {164},
Year = {2023},
Month = {September},
url = {http://dx.doi.org/10.1016/j.jdeveco.2023.103105},
Abstract = {Time use data facilitate understanding of labor supply,
especially for women who often undertake unpaid care and
home production. Although assisted diary-based time use
surveys are suitable for low-literacy populations, they are
costly and rarely used. We create a low-cost, scalable
alternative that captures contextually-determined broad time
categories; here, allocations across market work, household
labor, and leisure. Using fewer categories and larger time
intervals takes 33% less time than traditional modules.
Field experiments show the module measures average time
across the broader categories as well as the traditional
approach, particularly for our target female population. The
module can also capture multitasking for a specific category
of interest. Its shortcomings are short duration activity
capture and the need for careful category selection. The
module's brevity and low cost make it a viable method to use
in household and labor force surveys, facilitating tracking
of work and leisure patterns as economies
develop.},
Doi = {10.1016/j.jdeveco.2023.103105},
Key = {fds371429}
}
@article{fds373366,
Author = {Buchmann, N and Field, E and Glennerster, R and Nazneen, S and Wang,
XY},
Title = {A Signal to End Child Marriage: Theory and Experimental
Evidence from Bangladesh},
Journal = {American Economic Review},
Volume = {113},
Number = {10},
Pages = {2645-2688},
Year = {2023},
Month = {October},
url = {http://dx.doi.org/10.1257/aer.20220720},
Abstract = {Child marriage remains common even where female schooling
and employment opportunities have grown. We experimentally
evaluate a financial incentive to delay marriage alongside a
girls’empowerment program in Bangladesh. While girls
eligible for two years of incentive are 19 percent less
likely to marry underage, the empowerment program failed to
decrease adolescent marriage. We show that these results are
consistent with a signaling model in which bride type is
imperfectly observed but preferred types (socially
conservative girls) have lower returns to delaying marriage.
Consistent with our theoretical prediction, we observe
substantial spillovers of the incentive on untreated
nonpreferred types.},
Doi = {10.1257/aer.20220720},
Key = {fds373366}
}
%% Frakes, Michael D
@article{fds353905,
Author = {Frakes, MD and Gruber, J and Justicz, TS},
Title = {Public and Private Options in Practice: The Military Health
System},
Journal = {American Economic Journal: Economic Policy},
Volume = {15},
Pages = {37-74},
Year = {2023},
Key = {fds353905}
}
@article{fds353906,
Author = {Frakes, MD},
Title = {Racial Disparities in Health Care: Geographic Causes and the
Impact of Geographic Standardization in Malpractice Standard
of Care Rules},
Year = {2023},
Key = {fds353906}
}
@article{fds361278,
Author = {Frakes, MD and Wasserman, MF},
Title = {Investing in Ex Ante Regulation: Evidence From
Pharmaceutical Patent Examination},
Journal = {American Economic Journal: Economic Policy},
Volume = {15},
Number = {3},
Pages = {151-183},
Year = {2023},
Key = {fds361278}
}
@article{fds369010,
Author = {Frakes, MD and Gruber, J},
Title = {Racial Concordance and the Quality of Medical Care: Evidence
from the Military},
Year = {2023},
Key = {fds369010}
}
@article{fds375527,
Author = {Frakes, MD and Wasserman, MF},
Title = {Deadlines Versus Continuous Incentives: Evidence From the
Patent Office},
Year = {2024},
Key = {fds375527}
}
%% Fullenkamp, Connel
@article{fds372658,
Author = {Chami, R and Fullenkamp, C and González Gómez and A and Hilmi, N and Magud, NE},
Title = {The price is not right},
Journal = {Frontiers in Climate},
Volume = {5},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.3389/fclim.2023.1225190},
Abstract = {The 2015 Paris Agreement requires all nations to combat
climate change and to adapt to its effects. Countries
promise to reduce their greenhouse gas (GHG) emissions
through their Nationally Determined Contributions. Pledges
to reduce emissions, however, have implications for economic
growth. We estimate the link between economic growth and CO2
pollution levels and find that this relationship is highly
non-linear. A country's GHG emissions rise rapidly as its
economic activity rises, relative to global activity,
meaning that fast-growing countries contribute most heavily
to current GHG emissions. Then, using real per-capita GDP as
our metric, we estimate how much the carbon price should be
in order to remove the economic growth benefit from excess
GHG emissions. We find that the implied prices are far
higher than the prices on any existing market for emissions
as well as estimates of the social cost of carbon. Our
findings also have important implications for the global
dialogue regarding responsibility for climate mitigation as
well as for the choice of policies to support mitigation
efforts.},
Doi = {10.3389/fclim.2023.1225190},
Key = {fds372658}
}
@article{fds374198,
Author = {Hilmi, N and Chami, R and Fullenkamp, C and Jafari, M and Sumaila,
UR},
Title = {Editorial: Nature-based solutions, climate mitigation,
biodiversity conservation},
Journal = {Frontiers in Climate},
Volume = {5},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.3389/fclim.2023.1308032},
Doi = {10.3389/fclim.2023.1308032},
Key = {fds374198}
}
%% Ghosh, Arkadev
@article{fds372329,
Author = {Ghosh, A and Hwang, SIM and Squires, M},
Title = {Links and Legibility: Making Sense of Historical U.S. Census
Automated Linking Methods},
Journal = {Journal of Business & Economic Statistics},
Pages = {1-12},
Publisher = {Informa UK Limited},
Year = {2023},
Month = {June},
url = {http://dx.doi.org/10.1080/07350015.2023.2205918},
Doi = {10.1080/07350015.2023.2205918},
Key = {fds372329}
}
@article{fds371958,
Author = {Ghosh, A and Hwang, SIM and Squires, M},
Title = {Economic Consequences of Kinship: Evidence From U.S. Bans on
Cousin Marriage},
Journal = {The Quarterly Journal of Economics},
Volume = {138},
Number = {4},
Pages = {2559-2606},
Publisher = {Oxford University Press (OUP)},
Year = {2023},
Month = {September},
url = {http://dx.doi.org/10.1093/qje/qjad018},
Abstract = {<jats:title>Abstract</jats:title> <jats:p>Close-kin
marriage, by sustaining tightly knit family structures, may
impede development. We find support for this hypothesis
using U.S. state bans on cousin marriage. Our measure of
cousin marriage comes from the excess frequency of
same-surname marriages, a method borrowed from population
genetics that we apply to millions of marriage records from
the eighteenth to the twentieth century. Using census data,
we first show that married cousins are more rural and have
lower-paying occupations. We then turn to an event study
analysis to understand how cousin marriage bans affected
outcomes for treated birth cohorts. We find that these bans
led individuals from families with high rates of cousin
marriage to migrate off farms and into urban areas. They
also gradually shift to higher-paying occupations. We
observe increased dispersion, with individuals from these
families living in a wider range of locations and adopting
more diverse occupations. Our findings suggest that these
changes were driven by the social and cultural effects of
dispersed family ties rather than genetics. Notably, the
bans also caused more people to live in institutional
settings for the elderly, infirm, or destitute, suggesting
weaker support from kin.</jats:p>},
Doi = {10.1093/qje/qjad018},
Key = {fds371958}
}
%% Highkin, Emily
@article{fds372766,
Author = {de Soyres, F and Frohm, E and Highkin, E and Mix,
C},
Title = {Forward Looking Exporters},
Journal = {International Finance Discussion Paper},
Number = {1377},
Pages = {1-18},
Publisher = {Board of Governors of the Federal Reserve
System},
Year = {2023},
Month = {July},
url = {http://dx.doi.org/10.17016/ifdp.2023.1377},
Abstract = {<jats:p>This paper studies the role of expectations in
driving export adjustment. We assemble bilateral data on
spot exchange rates, one year ahead exchange rate forecasts
and HS2-product export data for 11 exporting countries and
64 destinations, covering the 2006–2014 period. Results
from fixed effects regressions and an instrumental variables
approach show that expectations of exchange rate changes are
an important channel for export adjustment. A one percent
expected exchange rate depreciation over the next year is
associated with a 0.96 percent increase in the extensive
margin (entry of new exporters) in the 2SLS regression, with
statistically insignificant effects on total exports or the
intensive margin. We provide intuition for these findings
with a simple model with heterogeneous firms and sticky
prices, and use our model to discuss the implications of
anticipation for subsequent export growth and trade
elasticity measurement.</jats:p>},
Doi = {10.17016/ifdp.2023.1377},
Key = {fds372766}
}
%% Hoover, Kevin D.
@article{fds360551,
Author = {Hoover, KD},
Title = {The struggle for the soul of macroeconomics},
Journal = {Journal of Economic Methodology},
Volume = {30},
Number = {2},
Pages = {80-89},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.1080/1350178X.2021.2010281},
Abstract = {Critics argued that the 2007–09 financial crisis was
failure of macroeconomics, locating its source in the
dynamic, stochastic general-equilibrium model and calling
for fundamental re-orientation of the field. Critics
exaggerated the role of DSGE models in actual policymaking,
and DSGE modelers addressed some criticisms within the DSGE
framework. But DSGE modelers oversold their success and even
claimed that their approach is the sine qua non of competent
macroeconomics. The DSGE modelers and their critics renew an
old debate over the relative priority of a priori theory and
empirical data, classically exemplified in the Measurement
without Theory Debate of the 1940s between the Cowles
Commission and the National Bureau of Economic Research. The
earlier debate is reviewed for its implications for the
recent controversy. In adopting the Cowles-Commission
position, some DSGE modelers would essentially
straight-jacket macroeconomics and undermine economic
science and the pursuit of knowledge in an open-minded, yet
critical framework.},
Doi = {10.1080/1350178X.2021.2010281},
Key = {fds360551}
}
@article{fds373365,
Author = {Hoover, KD and Svorenčík, A},
Title = {Who Runs the AEA?},
Journal = {Journal of Economic Literature},
Volume = {61},
Number = {3},
Pages = {1127-1171},
Year = {2023},
Month = {September},
url = {http://dx.doi.org/10.1257/jel.20221667},
Abstract = {The leadership structure of the American Economic
Association is documented using a biographical database
covering every officer and losing candidate for AEA offices
from 1950 to 2019. The analysis focuses on institutional
affiliations by education and employment. The structure is
strongly hierarchical. A few institutions dominate the
leadership, and their dominance has become markedly stronger
over time. Broadly two types of explanations are explored:
that institutional dominance is based on academic merit or
that it is based on self-perpetuating privilege. Network
effects that might explain the dynamic of increasing
concentration are also investigated.},
Doi = {10.1257/jel.20221667},
Key = {fds373365}
}
%% Hotz, V. Joseph
@article{fds373656,
Author = {Hotz, VJ and Wiemers, EE and Rasmussen, J and Koegel,
KM},
Title = {The Role of Parental Wealth and Income in Financing
Children’s College Attendance and Its Consequences},
Pages = {1850-1880},
Publisher = {University of Wisconsin Press},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.3368/jhr.1018-9828R2},
Abstract = {This work examines the influence of parental wealth and
income on children’s college attendance and parents’
financing decisions and on whether children graduate from
college. We also examine whether parental financing affects
the subsequent indebtedness of parents and children. We find
that higher levels of parents’ wealth and income increase
the likelihood that children attend college with financial
support relative to not attending college and that parental
wealth increases the likelihood that children graduate from
college. We show descriptive evidence that parents’
financing of their children’s college attendance increases
parents’ subsequent indebtedness but does not reduce their
children’s indebtedness, including their student loan
debt.},
Doi = {10.3368/jhr.1018-9828R2},
Key = {fds373656}
}
@article{fds375842,
Author = {Kwiatek, SM and Cai, L and Cagney, KA and Copeland, WE and Hotz, VJ and Hoyle, RH},
Title = {Comparative assessment of the feasibility and validity of
daily activity space in urban and non-urban
settings.},
Journal = {PLoS One},
Volume = {19},
Number = {1},
Pages = {e0297492},
Year = {2024},
url = {http://dx.doi.org/10.1371/journal.pone.0297492},
Abstract = {Activity space research explores the behavioral impact of
the spaces people move through in daily life. This research
has focused on urban settings, devoting little attention to
non-urban settings. We examined the validity of the activity
space method, comparing feasibility and data quality in
urban and non-urban contexts. Overall, we found that the
method is easily implemented in both settings. We also found
location data quality was comparable across residential and
activity space settings. The major differences in GPS
(Global Positioning System) density and accuracy came from
the operating system (iOS versus Android) of the device
used. The GPS-derived locations showed high agreement with
participants' self-reported locations. We further validated
GPS data by comparing at-home time allocation with the
American Time Use Survey. This study suggests that it is
possible to collect daily activity space data in non-urban
settings that are of comparable quality to data from urban
settings.},
Doi = {10.1371/journal.pone.0297492},
Key = {fds375842}
}
@article{fds376238,
Author = {Wiemers, EE and Lin, I-F and Wiersma Strauss and A and Chin, J and Hotz,
VJ and Seltzer, JA},
Title = {Age Differences Experiences of Pandemic-related Health and
Economic Challenges among Adults Aged 55 and
Older.},
Journal = {The Gerontologist},
Pages = {gnae023},
Year = {2024},
Month = {March},
url = {http://dx.doi.org/10.1093/geront/gnae023},
Abstract = {<h4>Background and objectives</h4>The oldest adults faced
the highest risk of death and hospitalization from COVID-19,
but less is known about whether they also were the most
likely to experience pandemic-related economic, health care,
and mental health challenges. Guided by prior research on
vulnerability versus resilience among older adults, the
current study investigated age differences in economic
hardship, delays in medical care, and mental health outcomes
among adults aged 55 and older.<h4>Research design and
methods</h4>Data were from the COVID-19 module and Leave
Behind Questionnaire in the 2020 Health and Retirement Study
(HRS). We estimated linear probability models to examine
differences in experiences of pandemic-related economic and
health challenges by age group (55-64, 65-74, 75+) with and
without controls for preexisting sociodemographic, social
program, health, and economic characteristics from the 2018
HRS. Models accounting for differential mortality also were
estimated.<h4>Results</h4>Adults aged 65-74 and 75+
experienced fewer economic and mental health challenges and
those aged 75+ were less likely to delay medical care than
adults aged 55-64. Age gradients were consistent across a
broad range of measures and were robust to including
controls. For all age groups, economic challenges were less
common than delays in medical care or experiences of
loneliness, stress, or being emotionally
overwhelmed.<h4>Discussion and implications</h4>Even though
the oldest adults were at the greatest risk of death and
hospitalization from COVID-19, they experienced fewer
secondary pandemic-related challenges. Future research
should continue to explore the sources of this resilience
for older adults.},
Doi = {10.1093/geront/gnae023},
Key = {fds376238}
}
@article{fds376239,
Author = {Hotz, VJ and Bollinger, CR and Komarova, T and Manski, CF and Moffitt,
RA and Nekipelov, D and Sojourner, A and Spencer,
BD},
Title = {The key role of absolute risk in the disclosure risk
assessment of public data releases.},
Journal = {Proceedings of the National Academy of Sciences of the
United States of America},
Volume = {121},
Number = {11},
Pages = {e2321882121},
Year = {2024},
Month = {March},
url = {http://dx.doi.org/10.1073/pnas.2321882121},
Doi = {10.1073/pnas.2321882121},
Key = {fds376239}
}
%% Ilut, Cosmin L.
@article{fds371112,
Author = {Ilut, C and Valchev, R},
Title = {Economic Agents as Imperfect Problem Solvers},
Journal = {Quarterly Journal of Economics},
Volume = {138},
Number = {1},
Pages = {313-362},
Year = {2023},
Month = {February},
url = {http://dx.doi.org/10.1093/qje/qjac027},
Abstract = {We develop a novel bounded rationality model of imperfect
reasoning as the interaction between automatic (System 1)
and analytical (System 2) thinking. In doing so, we
formalize the empirical consensus of cognitive psychology
using a structural, constrained-optimal economic framework
of mental information acquisition about the unknown optimal
policy function. A key result is that agents reason less
(more) when facing usual (unusual) states of the world,
producing state- and history-dependent behavior. Our
application is an otherwise standard incomplete-markets
model with no a priori behavioral biases. The ergodic
distribution of actions and beliefs is characterized by
endogenous learning traps, where locally stable state
dynamics generate familiar regions of the state space within
which behavior appears to follow memory-based heuristics.
This results in endogenous behavioral biases that have many
empirically desirable properties: the marginal propensity to
consume is high even for unconstrained agents, hand-to-mouth
status is more frequent and persistent, and there is more
wealth inequality than in the standard model.},
Doi = {10.1093/qje/qjac027},
Key = {fds371112}
}
@article{fds375360,
Author = {Bianchi, F and Ilut, C and Saijo, H},
Title = {Diagnostic Business Cycles},
Journal = {Review of Economic Studies},
Volume = {91},
Number = {1},
Pages = {129-162},
Year = {2024},
Month = {January},
url = {http://dx.doi.org/10.1093/restud/rdad024},
Abstract = {A large psychology literature argues that, due to selective
memory recall, decision-makers' forecasts of the future are
overly influenced by the perceived news. We adopt the
diagnostic expectations (DE) paradigm [Bordalo et al.
(2018), Journal of Finance, 73, 199-227] to capture this
feature of belief formation, develop a method to incorporate
DE in business cycle models, and study the implications for
aggregate dynamics. First, we address (1) the theoretical
challenges associated with modelling the feedback between
optimal actions and agents' DE beliefs and (2) the
time-inconsistencies that arise under distant memory (i.e.
when news is perceived with respect to a more distant past
than just the immediate one). Second, we show that under
distant memory the interaction between actions and DE
beliefs naturally generates repeated boom-bust cycles in
response to a single initial shock.We also propose a
portable solution method to study DE in dynamic stochastic
general equilibrium models and use it to estimate a
quantitative DE New Keynesian model. Both endogenous states
and distant memory play a critical role in successfully
replicating the boom-bust cycle observed in response to a
monetary policy shock.},
Doi = {10.1093/restud/rdad024},
Key = {fds375360}
}
%% Jarosch, Gregor
@article{fds372811,
Author = {Farboodi, M and Jarosch, G and Shimer, R},
Title = {The Emergence of Market Structure},
Journal = {Review of Economic Studies},
Volume = {90},
Number = {1},
Pages = {261-292},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.1093/restud/rdac014},
Abstract = {We study a model of over-the-counter trading in which ex
ante identical traders invest in a contact technology and
participate in bilateral trade. We show that a rich market
structure emerges both in equilibrium and in an optimal
allocation. There is continuous heterogeneity in market
access under weak regularity conditions. If the cost per
contact is constant, heterogeneity is governed by a power
law and there are middlemen, market participants with
unboundedly high contact rates who account for a positive
fraction of meetings. Externalities lead to overinvestment
in equilibrium, and policies that reduce investment in the
contact technology can improve welfare. We relate our
findings to important features of real-world trading
networks.},
Doi = {10.1093/restud/rdac014},
Key = {fds372811}
}
@article{fds371143,
Author = {Jarosch, G},
Title = {Searching for Job Security and the Consequences of Job
Loss},
Journal = {Econometrica},
Volume = {91},
Number = {3},
Pages = {903-942},
Year = {2023},
Month = {May},
url = {http://dx.doi.org/10.3982/ECTA14008},
Abstract = {Job loss comes with large present value earnings losses
which elude workhorse models of unemployment and labor
market policy. I propose a parsimonious model of a
frictional labor market in which jobs differ in terms of
unemployment risk and workers search off- and on-the-job.
This gives rise to a job ladder with slippery bottom rungs
where unemployment spells beget unemployment spells. I allow
for human capital to respond to time spent out of work and
estimate the framework on German Social Security data. The
model captures the joint response of wages, employment, and
unemployment risk to job loss which I measure empirically.
The key driver of the “unemployment scar” is the loss in
job security and its interaction with the evolution of human
capital and, in particular, the search for better
employment.},
Doi = {10.3982/ECTA14008},
Key = {fds371143}
}
%% Jiang, Yue
@article{fds369748,
Author = {Moon, AM and Kim, HP and Jiang, Y and Lupu, G and Bissram, JS and Barritt,
AS and Tapper, EB},
Title = {Systematic Review and Meta-Analysis on the Effects of
Lactulose and Rifaximin on Patient-Reported Outcomes in
Hepatic Encephalopathy.},
Journal = {American Journal of Gastroenterology},
Volume = {118},
Number = {2},
Pages = {284-293},
Year = {2023},
Month = {February},
url = {http://dx.doi.org/10.14309/ajg.0000000000002008},
Abstract = {<h4>Introduction</h4>Patients with hepatic encephalopathy
(HE) suffer from significant symptoms and impaired quality
of life. Improved understanding on the potential benefits of
first-line HE therapies may aid patient-provider discussions
regarding expected benefits of HE treatments. We aimed to
perform a systematic review to assess the effects of
lactulose and rifaximin on patient-reported outcomes
(PROs).<h4>Methods</h4>We searched MEDLINE, EMBASE, and
Cochrane Library databases for randomized trials or
prospective cohort studies using lactulose and/or rifaximin
for the management of HE and assessing changes in PRO using
PRO instruments. Physician reviewers independently reviewed
titles, abstracts, and full texts and extracted data
independently. We performed random-effects meta-analyses to
examine the effects of lactulose and rifaximin on
PROs.<h4>Results</h4>We identified 16 studies representing
1,376 patients that met inclusion criteria. Most studies
assessed treatment of covert HE. In patients with covert HE,
lactulose significantly improved overall patient-reported
health-related quality of life measured by the Sickness
Impact Profile with an estimated pooled mean difference of
6.92 (95% confidence interval: 6.66-7.18) and showed
improvements in several subscales. Conversely, rifaximin
demonstrated a nonstatistically significant mean difference
in the total Sickness Impact Profile of 4.76 (95% confidence
interval: -4.23 to 13.76), with strong evidence of
heterogeneity between these studies. Studies examining other
PRO instruments showed improvements in overall
health-related quality of life, social functioning, and
sleep from both lactulose and rifaximin.<h4>Discussion</h4>Patients
with HE treated with lactulose or rifaximin reported
improvements in important PROs. These results may inform
provider-patient communication and help manage patient
expectations regarding the potential benefits of HE
therapies.},
Doi = {10.14309/ajg.0000000000002008},
Key = {fds369748}
}
@article{fds369990,
Author = {Nwosu, C and Wittstein, JR and Erickson, MM and Schroeder, N and Santiesteban, L and Klifto, C and Jiang, Y and Shapiro,
L},
Title = {Representation of Female Speakers at the American Academy of
Orthopaedic Surgeons Annual Meetings Over
Time.},
Journal = {J Am Acad Orthop Surg},
Volume = {31},
Number = {6},
Pages = {283-291},
Year = {2023},
Month = {March},
url = {http://dx.doi.org/10.5435/JAAOS-D-22-00615},
Abstract = {BACKGROUND: In the United States, women comprise 16% of
orthopaedic surgery residents, 4% of fellows, and 6% of
practicing orthopaedic surgeons. The underrepresentation of
women in surgical subspecialties may be because of lack of
early exposure to female mentors. Conference speaker roles
are important for visibility. This study aims to evaluate
the representation of women in speaker roles and
responsibilities at the American Academy of Orthopaedic
Surgeons (AAOS) meetings over time. METHODS: The names of
speakers and session titles at the annual AAOS meetings were
obtained from conference programs for the years 2009, 2014,
and 2019. Each speaker was classified based on sex and role.
Sessions discussing scientific or surgical topics were
classified as technical and those that did not were
classified as nontechnical. Descriptive statistics are
provided, as well as individual-year odds ratios (ORs) and
confidence intervals (CIs) examining sex versus technical
session status and sex versus speaker role; combined results
controlling for year are calculated using the
Cochran-Mantel-Haenszel method. RESULTS: Overall, 3,980
speaking sessions were analyzed; 6.8% of speaking sessions
were assigned to women. Women were more likely than men to
participate in nontechnical speaking roles (OR 3.85; 95% CI,
2.79 to 4.78). Among talks given by women, the percentage
that were nontechnical increased (25.5% in 2009, 24.3% in
2014, and 44.1% in 2019). Among moderator roles, the
percentage assigned to women increased (4.5% in 2009, 6.0%
in 2014, 14.5% in 2019). DISCUSSION: Our findings
demonstrate an increase in female speakers at AAOS meetings
from 2009 to 2019. The percentage of female moderators and
nontechnical sessions given by women increased since 2009. A
need for a shift in the distribution of speaker role exists,
which promotes inclusivity and prevents professional
marginalization. Representation of women as role models
increases visibility and may address the leaky pipeline
phenomenon and paucity of women in orthopaedics.},
Doi = {10.5435/JAAOS-D-22-00615},
Key = {fds369990}
}
@article{fds365704,
Author = {Barnes, EL and Long, MD and Raffals, L and Isaacs, K and Stidham, RW and Herfarth, HH and Contributors},
Title = {Development of the Endoscopic Pouch Score for Assessment of
Inflammatory Conditions of the Pouch.},
Journal = {Clinical Gastroenterology and Hepatology : the Official
Clinical Practice Journal of the American
Gastroenterological Association},
Volume = {21},
Number = {6},
Pages = {1663-1666.e3},
Year = {2023},
Month = {June},
url = {http://dx.doi.org/10.1016/j.cgh.2022.04.026},
Abstract = {Pouchoscopy provides a critical objective measure in the
evaluation of patients with suspected inflammatory
conditions of the pouch; however, there remain significant
gaps in the reliability of the endoscopic scales used in the
assessment of these conditions.<sup>1,2</sup> Reliability
and reproducibility in the assessment of patients after
ileal pouch-anal anastomosis (IPAA) are critical, as
evidenced by recent efforts to improve standardization in
the evaluation of patients with pouch-related
disorders.<sup>3</sup>.},
Doi = {10.1016/j.cgh.2022.04.026},
Key = {fds365704}
}
%% Jurado, Kyle
@article{fds369331,
Author = {Jurado, K},
Title = {Rational inattention in the frequency domain},
Journal = {Journal of Economic Theory},
Volume = {208},
Year = {2023},
Month = {March},
url = {http://dx.doi.org/10.1016/j.jet.2022.105604},
Abstract = {This paper solves a dynamic rational inattention problem by
formulating it in the frequency domain. The main result is a
rational inattention version of the classical
Wiener-Kolmogorov filter. This filter permits an
infinite-dimensional state vector, provides a new line of
attack for obtaining closed-form solutions, and can be
implemented numerically using a simple iterative algorithm.
The frequency-domain approach also sheds new light on why
rational inattention produces forward-looking behavior:
inattentive agents are willing to accept more uncertainty
about the timing of disturbances in exchange for less
uncertainty about fluctuations at the most important
frequencies.},
Doi = {10.1016/j.jet.2022.105604},
Key = {fds369331}
}
%% Kuran, Timur
@article{fds369893,
Author = {Enikolopov, R and Kuran, T and Li, H},
Title = {Changes to JCE's board of associate editors},
Journal = {Journal of Comparative Economics},
Volume = {51},
Number = {1},
Pages = {1},
Year = {2023},
Month = {March},
url = {http://dx.doi.org/10.1016/j.jce.2023.02.003},
Doi = {10.1016/j.jce.2023.02.003},
Key = {fds369893}
}
%% Ladd, Helen F.
@article{fds361294,
Author = {Clotfelter, CT and Hemelt, SW and Ladd, HF and Turaeva,
MR},
Title = {School Segregation in the Era of Color-Blind Jurisprudence
and School Choice},
Journal = {Urban Affairs Review},
Volume = {59},
Number = {2},
Pages = {406-446},
Year = {2023},
Month = {March},
url = {http://dx.doi.org/10.1177/10780874211049510},
Abstract = {The decades-long resistance to federally imposed school
desegregation entered a new phase at the turn of the new
century. At that time, federal courts stopped pushing racial
balance as a remedy for past segregation and adopted in its
place a color-blind approach to evaluating school district
assignment plans. Using data that span 1998 to 2016 from
North Carolina, one of the first states to come under this
color-blind dictum, we examine the ways in which households
and policymakers took actions that had the effect of
reducing the amount of interracial contact in K-12 schools
within counties. We divide these reductions in interracial
contact into portions due to the private school and charter
school sectors, the existence of multiple school districts,
and racial disparities between schools within districts and
sectors. For most counties, the last of these proves to be
the biggest, though in some counties private schools,
charter schools, or multiple districts played a deciding
role. In addition, we decompose segregation in the state's
11 metropolitan areas, finding that more than half can be
attributed to racial disparities inside school districts. We
also measure segregation by economic status, finding that
it, like racial segregation, increased in the largest urban
counties, but elsewhere changed little over the
period.},
Doi = {10.1177/10780874211049510},
Key = {fds361294}
}
@article{fds373879,
Author = {Clotfelter, CT and Ladd, HF and Clifton, CR},
Title = {RACIAL DIFFERENCES IN STUDENT ACCESS TO HIGH-QUALITY
TEACHERS},
Journal = {Education Finance and Policy},
Volume = {18},
Number = {4},
Pages = {738-752},
Year = {2023},
Month = {September},
url = {http://dx.doi.org/10.1162/edfp_a_00402},
Abstract = {Access to high-quality teachers in K–12 schools differs
systematically by racial group. This policy brief reviews
the academic research documenting these differences and the
labor market forces and segregation patterns that solidify
them. It also presents new analysis of differential exposure
in North Carolina of white, black, and Hispanic students to
teachers with different quality-related credentials across
five grade–subject combinations. White students are most
often in classrooms taught by teachers with strong
credentials and least often by those with weak credentials,
not only across the state as a whole, but also within most
of the state’s counties, especially those whose schools
are most segregated by race. To address such disparities,
decision makers at all three levels— state, district, and
school—have various policy options to consider, with each
level having an important role to play.},
Doi = {10.1162/edfp_a_00402},
Key = {fds373879}
}
%% Lanteri, Andrea
@article{fds349772,
Author = {Lanteri, A and Medina, P and Tan, E},
Title = {Capital-Reallocation Frictions and Trade
Shocks},
Journal = {American Economic Journal: Macroeconomics},
Volume = {15},
Number = {2},
Pages = {190-228},
Publisher = {American Economic Association},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.1257/mac.20200429},
Abstract = {What are the short-term effects of an import-competition
shock on capital reallocation and aggregate productivity? To
address this question, we develop a quantitative model with
heterogeneous firms and capital-reallocation frictions. We
discipline the model with micro data on investment dynamics
of Peruvian manufacturing firms and trade flows between
China and Peru. Because of large frictions in firm
downsizing and exit, an import-competition shock induces a
temporary aggregate-productivity loss and larger dispersion
in marginal products, due to investment inaction and exit of
some productive firms. Empirical evidence on the effects of
trade shocks on capital reallocation supports the model
mechanism.},
Doi = {10.1257/mac.20200429},
Key = {fds349772}
}
@article{fds361165,
Author = {Clymo, A and Lanteri, A and Villa, AT},
Title = {Capital and labor taxes with costly state
contingency},
Journal = {Review of Economic Dynamics},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.1016/j.red.2023.09.003},
Abstract = {We analyze optimal capital and labor taxes in a model where
(i) the government makes noncontingent announcements about
future policies and (ii) state-contingent deviations from
these announcements are costly. With Full Commitment,
optimal announcements coincide with expected future taxes.
Costly state contingency dampens the response of both
current and future capital taxes to government spending
shocks and labor taxes play a major role in accommodating
fiscal shocks. These features allow our quantitative model
to account for the volatility of taxes in US data. In the
absence of Full Commitment, optimal announcements are
instead strategically biased, because governments have an
incentive to partially constrain their successors. The cost
of deviating from past announcements generates an endogenous
degree of fiscal commitment, determining the average level
of capital taxes.},
Doi = {10.1016/j.red.2023.09.003},
Key = {fds361165}
}
@article{fds361166,
Author = {Lanteri, A and Rampini, AA},
Title = {Constrained-Efficient Capital Reallocation},
Journal = {American Economic Review},
Volume = {113},
Number = {2},
Pages = {354-395},
Publisher = {American Economic Association},
Year = {2023},
Month = {February},
url = {http://dx.doi.org/10.1257/aer.20210902},
Abstract = {We characterize efficiency in an equilibrium model of
investment and capital reallocation with heterogeneous firms
facing collateral constraints. The model features two types
of pecuniary externalities: collateral externalities,
because the resale price of capital affects collateral
constraints, and distributive externalities, because buyers
of old capital are more financially constrained than
sellers, consistent with empirical evidence. We prove that
the stationary equilibrium price of old capital is
inefficiently high because the distributive externality
exceeds the collateral externality, by a factor of two when
we calibrate the model. New investment reduces the future
price of old capital, providing a rationale for
new-investment subsidies.},
Doi = {10.1257/aer.20210902},
Key = {fds361166}
}
@article{fds358852,
Author = {Bertolotti, F and Gavazza, A and Lanteri, A},
Title = {Dynamics of Expenditures on Durable Goods: The Role of
New-Product Quality},
Journal = {The Economic Journal},
Volume = {133},
Number = {652},
Pages = {1641-1656},
Publisher = {Oxford University Press (OUP)},
Year = {2023},
Month = {April},
url = {http://dx.doi.org/10.1093/ej/uead006},
Abstract = {<jats:title>Abstract</jats:title> <jats:p>We study the role
of new-product quality for the dynamics of durable-good
expenditures around the Great Recession. We assemble a rich
dataset on US new-car markets during 2004–12, combining
data on transaction prices with detailed information about
vehicles’ technical characteristics. During the recession,
a reallocation of expenditures away from high-quality new
models accounts for a significant decline in the dispersion
of expenditures. In turn, car manufacturers introduced new
models of lower quality. The drop in new-model quality
persistently depressed the technology embodied in vehicles,
and likely contributed to the slow recovery of
expenditures.</jats:p>},
Doi = {10.1093/ej/uead006},
Key = {fds358852}
}
%% Leventoglu, Bahar
@article{fds371080,
Author = {Leventoğlu, B},
Title = {Bargaining power in crisis bargaining},
Journal = {Review of Economic Design},
Volume = {27},
Number = {4},
Pages = {825-847},
Year = {2023},
Month = {December},
url = {http://dx.doi.org/10.1007/s10058-022-00325-3},
Abstract = {A large body of game-theoretic work examines the process by
which uncertainty can lead to inefficient war. In a typical
crisis bargaining model, players negotiate according to a
pre-specified game form and no player has the ability to
change the rules of the game. However, when one of the
parties has full bargaining power and is able to set the
rules of the game on her own, the game itself becomes an
endogenous decision variable. I formulate this problem in a
principal-agent framework. I show that both the likelihood
of costly war and the exact mechanism that yields it depend
on the nature of the informational problem and the identity
of the informed player.},
Doi = {10.1007/s10058-022-00325-3},
Key = {fds371080}
}
%% Liu, Yan
@article{fds370591,
Author = {Liu, Y},
Title = {Cross-language and cross-disciplinary collaborations in a
Mandarin CLAC course},
Pages = {159-175},
Booktitle = {A Transdisciplinary Approach to Chinese and Japanese
Language Teaching},
Publisher = {Routledge},
Year = {2023},
Month = {February},
url = {http://dx.doi.org/10.4324/9781003266976-15},
Doi = {10.4324/9781003266976-15},
Key = {fds370591}
}
@article{fds370590,
Author = {Liu, Y},
Title = {Boundary Crossing: Integrating Visual Arts into Teaching
Chinese as a Foreign Language},
Booktitle = {Crossing Boundaries in Researching, Understanding, and
Improving Language Education: Essays in Honor of G. Richard
Tucker.},
Publisher = {Springer},
Editor = {Zhang, D and Miller, R},
Year = {2023},
Month = {March},
ISBN = {978-3-031-24078-2},
Abstract = {This chapter reports on the author’s effort to cross
disciplinary boundaries in teaching Chinese as a foreign
language (CFL). It presents a mixed-methods study that
examines student perceptions about, as well as the benefits
and the challenges of, integrating visual arts and online
art museum visits into CFL teaching. Quantitative and
qualitative data were collected from a questionnaire and
semi-structured interviews. Based on the findings, the
author discusses the benefits of using art-integration
approaches in CFL teaching, particularly their potential in
answering the Modern Language Association’s call for
curricular transformation in collegiate foreign language
curriculum (MLA, Foreign languages and higher education: New
structures for a changed world. Retrieved from
http://www.mla.org/flreport, 2007). The author also analyzes
the challenges encountered and proposes future research
directions and suggestions for future integration of visual
arts in the CFL curriculum.},
Key = {fds370590}
}
@book{fds370589,
Author = {Liu, Y and Ji, J and Wu, G and Liang, M-M},
Title = {传承中文 Modern Chinese for Heritage Beginners Stories
about Us},
Pages = {257 pages},
Publisher = {Taylor & Francis},
Year = {2023},
Month = {April},
ISBN = {9781000860344},
Abstract = {The book starts with talking about individuals and families
and then expands to the Chinese and Asian American
communities in the U.S. and eventually to the entire
American society, all from the unique perspective of Chinese
American ...},
Key = {fds370589}
}
%% Lopomo, Giuseppe
@article{fds371719,
Author = {Lopomo, G and Persico, N and Villa, AT},
Title = {Optimal Procurement with Quality Concerns},
Journal = {American Economic Review},
Volume = {113},
Number = {6},
Pages = {1505-1529},
Year = {2023},
Month = {June},
url = {http://dx.doi.org/10.1257/aer.20211437},
Abstract = {Adverse selection in procurement arises when low-cost
bidders are also low-quality suppliers. We propose a
mechanism called LoLA (lowball lottery auction) which, under
some conditions, maximizes any combination of buyer’s and
social surplus, subject to incentive compatibility, in the
presence of adverse selection. The LoLA features a floor
price, and a reserve price. The LoLA has a dominant strategy
equilibrium that, under mild conditions, is unique. In a
counterfactual analysis of Italian government auctions, we
compute the gain that the government could have made, had it
used the optimal procurement mechanism (a LoLA), relative to
a first-price auction (the adopted format).},
Doi = {10.1257/aer.20211437},
Key = {fds371719}
}
%% Marx, Leslie M.
@article{fds367903,
Author = {Loertscher, S and Marx, LM},
Title = {Asymptotically optimal prior-free asset market
mechanisms},
Journal = {Games and Economic Behavior},
Volume = {137},
Pages = {68-90},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.1016/j.geb.2022.10.013},
Abstract = {We develop a prior-free mechanism for an asset market that
is dominant-strategy incentive compatible, ex post
individually rational, constrained efficient, and
asymptotically optimal—as the number of agents grows
large, the designer's profit from using this mechanism
approaches the profit it would optimally make if it knew the
agents' type distribution at the outset. The direct
implementation first identifies the agent whose value equals
the Walrasian price. The second step can be described
algorithmically as consisting of ascending and descending
clock auctions that start from the Walrasian price, estimate
virtual types, and stop eliminating trades when the
estimated virtual value exceeds the estimated virtual cost.
The mechanism permits partial clock auction implementation.
Our approach accommodates heterogeneity among groups of
traders and discrimination among these, provided
heterogeneity is not too accentuated.},
Doi = {10.1016/j.geb.2022.10.013},
Key = {fds367903}
}
@article{fds369878,
Author = {Loertscher, S and Marx, LM},
Title = {Bilateral Trade with Multiunit Demand and
Supply},
Journal = {Management Science},
Volume = {69},
Number = {2},
Pages = {1146-1165},
Year = {2023},
Month = {February},
url = {http://dx.doi.org/10.1287/mnsc.2022.4399},
Abstract = {We study a bilateral trade problem with multiunit demand and
supply and one-dimensional private information. Each agent
geometrically discounts additional units by a constant
factor. We show that when goods are complements, the
incentive problem-measured as the ratio of second-best to
first-best social surplus-becomes less severe as the degree
of complementarity increases. In contrast, if goods are
substitutes and each agent's distribution exhibits linear
virtual types, then this ratio is a constant. If the
bilateral trade setup arises from prior vertical integration
between a buyer and a supplier, with the vertically
integrated firm being a buyer facing an independent
supplier, then the ratio of second-best to first-best social
surplus is, in general, not monotone in the degree of
complementarity when products are substitutes and is
increasing when products are complements. Extensions to
profit maximization by a market maker and a discrete public
good problem show that the broad insight that
complementarity of goods mitigates the incentive problem
generalizes to these settings.},
Doi = {10.1287/mnsc.2022.4399},
Key = {fds369878}
}
@article{fds376300,
Author = {Iossa, E and Loertscher, S and Marx, LM and Rey, P},
Title = {Coordination in the Fight against Collusion},
Journal = {American Economic Journal: Microeconomics},
Volume = {16},
Number = {1},
Pages = {224-261},
Year = {2024},
Month = {January},
url = {http://dx.doi.org/10.1257/mic.20220194},
Abstract = {While antitrust authorities strive to detect, prosecute, and
thereby deter collusive conduct, entities harmed by that
conduct are also advised to pursue their own strategies to
deter collusion. The implications of such delegation of
deterrence have largely been ignored, however. In a
procurement context, we find that buyers may prefer to
accommodate rather than deter collusion among their
suppliers. We also show that a multimarket buyer, such as a
centralized procurement authority, may optimally deter
collusion when multiple independent buyers would not,
consistent with the view that “large” buyers are less
susceptible to collusion.},
Doi = {10.1257/mic.20220194},
Key = {fds376300}
}
%% Masten, Matthew A
@article{fds374950,
Author = {Masten, MA and Poirier, A},
Title = {Choosing exogeneity assumptions in potential outcome
models},
Journal = {Econometrics Journal},
Volume = {26},
Number = {3},
Pages = {327-349},
Year = {2023},
Month = {September},
url = {http://dx.doi.org/10.1093/ectj/utad005},
Abstract = {There are many kinds of exogeneity assumptions. How should
researchers choose among them? When exogeneity is imposed on
an unobservable like a potential outcome, we argue that the
form of exogeneity should be chosen based on the kind of
selection on unobservables it allows. Consequently,
researchers can assess the plausibility of any exogeneity
assumption by studying the distributions of treatment given
the unobservables that are consistent with that assumption.
We use this approach to study two common exogeneity
assumptions: quantile and mean independence. We show that
both assumptions require a kind of nonmonotonic relationship
between treatment and the potential outcomes. We discuss how
to assess the plausibility of this kind of treatment
selection. We also show how to define a new and weaker
version of quantile independence that allows for monotonic
selection on unobservables. We then show the implications of
the choice of exogeneity assumption for identification. We
apply these results in an empirical illustration of the
effect of child soldiering on wages.},
Doi = {10.1093/ectj/utad005},
Key = {fds374950}
}
@article{fds374246,
Author = {Masten, MA},
Title = {Minimax-regret treatment rules with many
treatments},
Journal = {Japanese Economic Review},
Volume = {74},
Number = {4},
Pages = {501-537},
Year = {2023},
Month = {October},
url = {http://dx.doi.org/10.1007/s42973-023-00147-0},
Abstract = {Statistical treatment rules map data into treatment choices.
Optimal treatment rules maximize social welfare. Although
some finite sample results exist, it is generally difficult
to prove that a particular treatment rule is optimal. This
paper develops asymptotic and numerical results on
minimax-regret treatment rules when there are many
treatments. I first extend a result of Hirano and Porter
(Econometrica 77:1683–1701, 2009) to show that an
empirical success rule is asymptotically optimal under the
minimax-regret criterion. The key difference is that I use a
permutation invariance argument from Lehmann (Ann Math Stat
37:1–6, 1966) to solve the limit experiment instead of
applying results from hypothesis testing. I then compare the
finite sample performance of several treatment rules. I find
that the empirical success rule performs poorly in
unbalanced designs, and that when prior information about
treatments is symmetric, balanced designs are preferred to
unbalanced designs. Finally, I discuss how to compute
optimal finite sample rules by applying methods from
computational game theory.},
Doi = {10.1007/s42973-023-00147-0},
Key = {fds374246}
}
@article{fds370362,
Author = {Masten, MA and Poirier, A and Zhang, L},
Title = {Assessing Sensitivity to Unconfoundedness: Estimation and
Inference},
Journal = {Journal of Business and Economic Statistics},
Volume = {42},
Number = {1},
Pages = {1-13},
Year = {2024},
Month = {January},
url = {http://dx.doi.org/10.1080/07350015.2023.2183212},
Abstract = {This article provides a set of methods for quantifying the
robustness of treatment effects estimated using the
unconfoundedness assumption. Specifically, we estimate and
do inference on bounds for various treatment effect
parameters, like the Average Treatment Effect (ATE) and the
average effect of treatment on the treated (ATT), under
nonparametric relaxations of the unconfoundedness assumption
indexed by a scalar sensitivity parameter c. These
relaxations allow for limited selection on unobservables,
depending on the value of c. For large enough c, these
bounds equal the no assumptions bounds. Using a nonstandard
bootstrap method, we show how to construct confidence bands
for these bound functions which are uniform over all values
of c. We illustrate these methods with an empirical
application to the National Supported Work Demonstration
program. We implement these methods in the companion Stata
module tesensitivity for easy use in practice.},
Doi = {10.1080/07350015.2023.2183212},
Key = {fds370362}
}
%% McAdams, David
@article{fds368570,
Author = {McAdams, D and Song, Y and Zou, D},
Title = {Equilibrium social activity during an epidemic},
Journal = {Journal of Economic Theory},
Volume = {207},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.1016/j.jet.2022.105591},
Abstract = {During an infectious-disease epidemic, people make choices
that impact transmission, trading off the risk of infection
with the social-economic benefits of activity. We
investigate how the qualitative features of an epidemic's
Nash-equilibrium trajectory depend on the nature of the
economic benefits that people get from activity. If economic
benefits do not depend on how many others are active, as
usually modeled, then there is a unique equilibrium
trajectory, the epidemic eventually reaches a steady state,
and agents born into the steady state have zero expected
lifetime welfare. On the other hand, if the benefit of
activity increases as others are more active (“social
benefits”) and the disease is sufficiently severe, then
there are always multiple equilibrium trajectories,
including some that never settle into a steady state and
that welfare dominate any given steady-state equilibrium.
Within this framework, we analyze the equilibrium impact of
a policy that modestly reduces the transmission rate. Such a
policy has no long-run effect on society-wide welfare absent
social benefits, but can raise long-run welfare if there are
social benefits and the epidemic never settles into a steady
state.},
Doi = {10.1016/j.jet.2022.105591},
Key = {fds368570}
}
%% McDevitt, Ryan C.
@article{fds372720,
Author = {Pearson, K and League, R and Kent, M and McDevitt, R and Fuller, M and Jiang, R and Melton, S and Krishnamoorthy, V and Ohnuma, T and Bartz, R and Cobert, J and Raghunathan, K},
Title = {Rogers' diffusion theory of innovation applied to the
adoption of sugammadex in a nationwide sample of US
hospitals.},
Journal = {Br J Anaesth},
Volume = {131},
Number = {4},
Pages = {e114-e117},
Year = {2023},
Month = {October},
url = {http://dx.doi.org/10.1016/j.bja.2023.06.061},
Doi = {10.1016/j.bja.2023.06.061},
Key = {fds372720}
}
%% Medema, Steven G.
@article{fds372659,
Author = {Medema, SG},
Title = {IDENTIFYING A "cHICAGO SCHOOL" of ECONOMICS: On the ORIGINS,
DIFFUSION, and EVOLVING MEANINGS of A FAMOUS NAME
BRAND},
Journal = {Journal of the History of Economic Thought},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.1017/S1053837223000123},
Abstract = {Though the Chicago school has been the subject of no small
amount of research over the past several decades, that
scholarship has focused largely on persons, ideas, and
influence - in short, on the school itself. No attention has
been paid to the origins of that label and the avenues via
which the notion of a "Chicago school"of economics came to
be. This paper attempts to address that lacuna, drawing on
both published and archival resources. What emerges is a
story of a label of uncertain origin but wrapped up in
competing agendas, the first stage in the history of which
culminates in 1962 with its rejection by two of the very
people who helped birth it.},
Doi = {10.1017/S1053837223000123},
Key = {fds372659}
}
@article{fds372660,
Author = {Medema, SG},
Title = {Theorising public expenditures: welfare theorems, market
failures, and the turn from “public finance” to
“public economics”},
Journal = {European Journal of the History of Economic
Thought},
Volume = {30},
Number = {5},
Pages = {713-738},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.1080/09672567.2023.2248320},
Abstract = {Public expenditure theory is a late-comer to the field of
public finance, despite laments over the lack of such a
theory dating to the late 1800s. This paper documents and
attempts to explain this transformation, locating its
origins in Richard Musgrave’s normative theory of the
public household and the adoption by subsequent thinkers of
new developments in welfare theory, which was seen to offer
a theoretically sophisticated a vision of the state’s role
as a response to the problem of market failure.},
Doi = {10.1080/09672567.2023.2248320},
Key = {fds372660}
}
@article{fds376121,
Author = {Medema, SG},
Title = {"i GET by with A LITTLE HELP from MY FRIENDS ... ": AN
EDITOR'S RETROSPECTIVE},
Journal = {Journal of the History of Economic Thought},
Year = {2024},
Month = {January},
url = {http://dx.doi.org/10.1017/S1053837223000470},
Abstract = {In this article, Steven Medema provides some reflections on
his tenure as editor of the Journal of the History of
Economic Thought (1999 - 2008). This was a time of
significant transition in the life of the journal, and the
successful navigation of this period provides an excellent
illustration of how much an editor and a journal rely on the
assistance and support of both key individuals and the
broader community of scholars in the field.},
Doi = {10.1017/S1053837223000470},
Key = {fds376121}
}
%% Mohanan, Manoj
@article{fds353545,
Author = {Wagner, Z and Banerjee, S and Mohanan, M and Sood,
N},
Title = {Does the market reward quality? Evidence from
India.},
Journal = {International journal of health economics and
management},
Volume = {23},
Number = {3},
Pages = {467-505},
Year = {2023},
Month = {September},
url = {http://dx.doi.org/10.1007/s10754-022-09341-w},
Abstract = {There are two salient facts about health care in low and
middle-income countries; (1) the private sector plays an
important role and (2) the care provided is often of poor
quality. Despite these facts we know little about what
drives quality of care in the private sector and why
patients seek care from poor quality providers. We use two
field studies in India that provide insight into this issue.
First, we use a discrete choice experiment to show that
patients strongly value technical quality. Second, we use
standardized patients to show that better quality providers
are not able to charge higher prices. Instead providers are
able to charge higher prices for elements of quality that
the patient can observe, which are less important for health
outcomes. Future research should explore whether accessible
information on technical quality of local providers can
shift demand to higher quality providers and improve health
outcomes.},
Doi = {10.1007/s10754-022-09341-w},
Key = {fds353545}
}
@article{fds376002,
Author = {Wagner, Z and Mohanan, M and Zutshi, R and Mukherji, A and Sood,
N},
Title = {What drives poor quality of care for child diarrhea?
Experimental evidence from India.},
Journal = {Science (New York, N.Y.)},
Volume = {383},
Number = {6683},
Pages = {eadj9986},
Publisher = {American Association for the Advancement of Science
(AAAS)},
Year = {2024},
Month = {February},
url = {http://dx.doi.org/10.1126/science.adj9986},
Abstract = {Most health care providers in developing countries know that
oral rehydration salts (ORS) are a lifesaving and
inexpensive treatment for child diarrhea, yet few prescribe
it. This know-do gap has puzzled experts for decades. Using
randomized experiments in India, we estimated the extent to
which ORS underprescription is driven by perceptions that
patients do not want ORS, provider's financial incentives,
and ORS stock-outs (out-of-stock events). Patients
expressing a preference for ORS increased ORS prescribing by
27 percentage points. Eliminating stock-outs increased ORS
provision by 7 percentage points. Removing financial
incentives did not affect ORS prescribing on average but did
increase ORS prescribing at pharmacies. We estimate that
perceptions that patients do not want ORS explain 42% of
underprescribing, whereas stock-outs and financial
incentives explain only 6 and 5%, respectively.},
Doi = {10.1126/science.adj9986},
Key = {fds376002}
}
@article{fds376704,
Author = {Malani, A and Aiyar, J and Sant, A and Kamran, N and Mohanan, M and Taneja,
S and Woda, B and Zhao, W and Acharya, A},
Title = {Comparing population-level humoral and cellular immunity to
SARS-Cov-2 in Bangalore, India.},
Journal = {Scientific reports},
Volume = {14},
Number = {1},
Pages = {5758},
Year = {2024},
Month = {March},
url = {http://dx.doi.org/10.1038/s41598-024-54922-z},
Abstract = {Two types of immunity, humoral and cellular, offer
protection against COVID. Humoral protection, contributed by
circulating neutralizing antibodies, can provide immediate
protection but decays more quickly than cellular immunity
and can lose effectiveness in the face of mutation and drift
in the SARS-CoV-2 spike protein. Therefore, population-level
seroprevalence surveys used to estimate population-level
immunity may underestimate the degree to which a population
is protected against COVID. In early 2021, before India
began its vaccination campaign, we tested for humoral and
cellular immunity to SARS-Cov-2 in representative samples of
slum and non-slum populations in Bangalore, India. We found
that 29.7% of samples (unweighted) had IgG antibodies to the
spike protein and 15.5% had neutralizing antibodies, but at
up to 46% showed evidence of cellular immunity. We also find
that prevalence of cellular immunity is significantly higher
in slums than in non-slums. These findings suggest (1) that
a significantly larger proportion of the population in
Bangalore, India, had cellular immunity to SARS-CoV-2 than
had humoral immunity, as measured by serological surveys,
and (2) that low socio-economic status communities display
higher frequency of cellular immunity, likely because of
greater exposure to infection due to population
density.},
Doi = {10.1038/s41598-024-54922-z},
Key = {fds376704}
}
%% Munger, Michael C.
@article{fds374354,
Author = {Munger, M},
Title = {“Apparently, You Don’t”: Economist Jokes as an
Educational Tool},
Journal = {Journal of Private Enterprise},
Volume = {38},
Number = {3},
Pages = {61-82},
Year = {2023},
Month = {January},
Abstract = {This paper addresses the growing literature on the
comparative statics of rhetorical equilibrium, using humor
as the animating device that corrodes existing norms for
understanding the commercial system. Three motivations for
economics jokes are advanced: to be funny, to illustrate,
and to mock. A simple model of humor is advanced, with three
independent variables—whether the joke is funny,
insightful, or accurately mocking—that are argued to
generate different levels of amusement, the dependent
variable. One conclusion is that jokes economists tell each
other, jokes economists tell outsiders, and jokes outsiders
tell themselves about economists have different mixes of the
essential arguments of the amusement function.},
Key = {fds374354}
}
@article{fds376034,
Author = {Riess, H and Munger, M and Zavlanos, MM},
Title = {Max-Plus Synchronization in Decentralized Trading
Systems},
Journal = {Proceedings of the IEEE Conference on Decision and
Control},
Pages = {221-227},
Year = {2023},
Month = {January},
ISBN = {9798350301243},
url = {http://dx.doi.org/10.1109/CDC49753.2023.10383918},
Abstract = {We introduce a decentralized mechanism for pricing and
exchanging alternatives constrained by transaction costs. We
characterize the time-invariant solutions of a heat equation
involving a (weighted) Tarski Laplacian operator, defined
for max-plus matrix-weighted graphs, as approximate
equilibria of the trading system. We study algebraic
properties of the solution sets as well as convergence
behavior of the dynamical system. We apply these tools to
the 'economic problem' of allocating scarce resources among
competing uses. Our theory suggests differences in
competitive equilibrium, bargaining, or cost-benefit
analysis, depending on the context, are largely due to
differences in the way that transaction costs are
incorporated into the decision-making process. We present
numerical simulations of the synchronization algorithm
(RRAggU), demonstrating our theoretical findings.},
Doi = {10.1109/CDC49753.2023.10383918},
Key = {fds376034}
}
@article{fds374313,
Author = {Munger, MC},
Title = {Christopher Kam and Adlai Newson, The Economic Origins of
Political Parties},
Journal = {OEconomia},
Number = {13-1},
Pages = {115-118},
Publisher = {OpenEdition},
Year = {2023},
Month = {March},
url = {http://dx.doi.org/10.4000/oeconomia.13996},
Doi = {10.4000/oeconomia.13996},
Key = {fds374313}
}
@article{fds355327,
Author = {Munger, M and Vanberg, G},
Title = {Contractarianism, constitutionalism, and the status
quo},
Journal = {Public Choice},
Volume = {195},
Number = {3-4},
Pages = {323-339},
Year = {2023},
Month = {June},
url = {http://dx.doi.org/10.1007/s11127-021-00878-x},
Abstract = {The constitutional political economy (CPE) approach as
developed by James Buchanan places emphasis on supermajority
rules—in particular, a unanimity requirement for
constitutional change. Critics argue that this approach
“privileges the status quo” in two problematic ways: (1)
alternatives are treated unequally, because the status quo
requires a smaller coalition to be “chosen” than any
other institutional arrangement selected to replace it; and
(2) individuals are treated unequally, because those who
happen to support the status quo have excessive power to
impose their will on the larger group, implying that a
minority illegitimately is privileged to block change. This
is a serious and important challenge. At the same time, we
argue that critics have conflated two analytically distinct
issues in arguing that the CPE paradigm (and
constitutionalism more generally) “privilege the status
quo”. Moreover, we aim to show that in rejecting the
“privileged position of the status quo”, critics must
confront an equally challenging task: Providing a
“measuring stick” by which the legitimacy of the status
quo, and changes to it, can be judged. It is precisely
skepticism regarding the possibility of providing a
criterion of legitimacy that is independent of agreement
that leads to the peculiar position of the status quo in
Buchanan’s thought.},
Doi = {10.1007/s11127-021-00878-x},
Key = {fds355327}
}
@article{fds371869,
Author = {Munger, M and Tilley, C},
Title = {Race, risk, and greed: Harold Black's contributions to the
institutional economics of finance},
Journal = {Public Choice},
Volume = {197},
Number = {3-4},
Pages = {335-346},
Year = {2023},
Month = {December},
url = {http://dx.doi.org/10.1007/s11127-023-01073-w},
Abstract = {Dr. Harold Black has made a career of investigating the
effects of different rules and institutional arrangements on
the extent to which market participants in finance can
exercise a taste for discrimination. This paper considers
the nature of Black's contributions, and reviews some
particulars of his voluminous published research, focusing
especially on his work on the number of "overages" charged
by banks, and the differences in the effects of the race of
bank owners, as explained by the race of customers. The
paper concludes by connecting Dr. Black’s work to his
“origin story,” which helps explain his consistent focus
on careful empirical distinctions rather than preconceptions
and biases.},
Doi = {10.1007/s11127-023-01073-w},
Key = {fds371869}
}
%% Pattanayak, Subhrendu K.
@article{fds370302,
Author = {Ambec, S and Nauges, C and Pattanayak, SK},
Title = {Introduction to the SETI special issue},
Journal = {Resource and Energy Economics},
Volume = {72},
Year = {2023},
Month = {April},
url = {http://dx.doi.org/10.1016/j.reseneeco.2023.101361},
Doi = {10.1016/j.reseneeco.2023.101361},
Key = {fds370302}
}
@article{fds370430,
Author = {Chandrasekaran, M and Krishnapriya, PP and Jeuland, M and Pattanayak,
SK},
Title = {Gender empowerment and energy access: evidence from seven
countries},
Journal = {Environmental Research Letters},
Volume = {18},
Number = {4},
Year = {2023},
Month = {April},
url = {http://dx.doi.org/10.1088/1748-9326/acc2d3},
Abstract = {Gender equity is connected to modern energy services in many
ways, but quantitative empirical work on these connections
is limited. We examine the relationship between a
multi-dimensional measure of women’s empowerment and
access to improved cookstoves, clean fuels, and electricity.
We use the World Bank Multi-Tier Framework survey datasets
from seven countries that include almost 25 000 households
in Africa and Asia. First, we apply principal component
analysis to construct a household level empowerment index,
using data on women’s education, credit access, social
capital, mobility, and employment. Then, we use simple
regression analysis to study the correlation between
empowerment and energy access at the household level. We
find a positive association between the women’s
empowerment index and energy access variables, though this
household pattern does not hold across all countries and
contexts. While we do not claim that these relationships are
causal, to our knowledge this is a fresh analysis of how the
empowerment of women is differentially correlated with
household energy access across geographies and technologies.
Thus, our analysis provides a first step to further work
aimed at clarifying gender-energy linkages.},
Doi = {10.1088/1748-9326/acc2d3},
Key = {fds370430}
}
@article{fds370431,
Author = {Das, I and Klug, T and Krishnapriya, PP and Plutshack, V and Saparapa,
R and Scott, S and Sills, E and Kara, N and Pattanayak, SK and Jeuland,
M},
Title = {Frameworks, methods and evidence connecting modern domestic
energy services and gender empowerment},
Journal = {Nature Energy},
Volume = {8},
Number = {5},
Pages = {435-449},
Year = {2023},
Month = {May},
url = {http://dx.doi.org/10.1038/s41560-023-01234-7},
Abstract = {The world remains far from meeting Sustainable Development
Goals 5 (gender equality) and 7 (universal access to modern
energy). Energy access may empower women even as empowered
women are more likely to adopt and use modern energy
services. Such bidirectional linkages are underappreciated
in the empirical literature, which typically estimates
unidirectional relationships based on simple binary
indicators. Here we review theoretical frameworks on
women’s empowerment, take stock of the empirical
literature on the connections between women’s empowerment
and energy access, and place empirical results in the
context of the theoretical literature. We highlight major
knowledge gaps that require further attention from
researchers and practitioners. In particular, we recommend
the use of more comprehensive measures of energy services,
the consideration of a richer set of gender empowerment
indicators and the application of pluralistic methods to
address the challenges of understanding how energy
intersects with gender.},
Doi = {10.1038/s41560-023-01234-7},
Key = {fds370431}
}
@article{fds376001,
Author = {Pakhtigian, EL and Pattanayak, SK},
Title = {Social setting, gender, and preferences for improved
sanitation: Evidence from experimental games in rural
India},
Journal = {World Development},
Volume = {177},
Year = {2024},
Month = {May},
url = {http://dx.doi.org/10.1016/j.worlddev.2024.106556},
Abstract = {Unimproved sanitation and hygiene practices present a
persistent threat to public health and well-being.
Increasing the adoption of safe hygiene and sanitation
requires both technological investments as well as
behavioral change, suggesting that social contexts may be
important in determining the success of efforts towards
improved sanitation and hygiene. We examine how the social
setting, particularly the gender balance of decision-making
spaces, influences stated preferences for improving
sanitation using a lab-in-the-field experiment. We designed
a sanitation-themed public goods game in which participants
made contributions that corresponded to varying levels of
sanitation and hygiene investments. We implemented these
games with over 1500 participants in 69 villages in rural
Bihar and Odisha, India, randomly varying group gender
composition (women only, men only, and mixed gender). Our
study finds that individuals playing in single gender groups
make larger contributions; these increases are driven by
women playing in groups with only women. In mixed gender
groups, contributions increase with the share of male
participants and over rounds played. We also find that
preferences elicited via experimental games are correlated
with revealed preferences for hygiene and sanitation –
game behavior and sanitation practices are positively
correlated for men and negatively correlated for women.
Collectively, our findings suggest that sanitation promotion
programs, which rightfully focus on community mobilization,
could be more effective if they explicitly incorporated
gender preferences and considered the social decision-making
environment in their design},
Doi = {10.1016/j.worlddev.2024.106556},
Key = {fds376001}
}
@article{fds376226,
Author = {Krishnapriya, PP and Pattanayak, SK and Somanathan, E and Keil, A and Jat, ML and Sidhu, HS and Shyamsundar, P},
Title = {Mitigating agricultural residue burning: challenges and
solutions across land classes in Punjab,
India},
Journal = {Environmental Research: Food Systems},
Volume = {1},
Number = {1},
Pages = {015001-015001},
Publisher = {IOP Publishing},
Year = {2024},
Month = {June},
url = {http://dx.doi.org/10.1088/2976-601x/ad2689},
Abstract = {<jats:title>Abstract</jats:title> <jats:p>India faces
significant air quality challenges, contributing to local
health and global climate concerns. Despite a national ban
on agricultural residue burning and various incentive
schemes, farmers in northern India continue to face
difficulties in curbing open-field burning. Using data from
1021 farming households in rural Punjab in India, we examine
the patterns and drivers of the adoption of no-burn
agriculture, particularly for farmers who mulch instead of
burning crop residue. We find a growing trend in no-burn
farming practices among farmers between 2015 and 2017, with
the highest adoption rates among large farmers compared to
medium and small farmers. Our findings suggest that access
to equipment and learning opportunities may increase the
likelihood of farmers using straw as mulch instead of
burning it. Specifically, social learning appears to
increase the likelihood of farmers embracing no-burn
practices relative to learning from extension agencies.
Furthermore, the form of learning depends on farm size.
While large and medium farmers exhibit a variety of learning
strategies, small farmers primarily self-learn. These
results underscore the importance of a multiprong policy
that provides sufficient access to equipment and a
combination of learning platforms that enabling farmers from
different land classes to adopt no-burn technologies.</jats:p>},
Doi = {10.1088/2976-601x/ad2689},
Key = {fds376226}
}
%% Patton, Andrew J.
@article{fds356525,
Author = {Patton, AJ and Weller, BM},
Title = {Testing for Unobserved Heterogeneity via k-means
Clustering},
Journal = {Journal of Business and Economic Statistics},
Volume = {41},
Number = {3},
Pages = {737-751},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.1080/07350015.2022.2061983},
Abstract = {Clustering methods such as k-means have found widespread use
in a variety of applications. This article proposes a
split-sample testing procedure to determine whether a null
hypothesis of a single cluster, indicating homogeneity of
the data, can be rejected in favor of multiple clusters. The
test is simple to implement, valid under mild conditions
(including nonnormality, and heterogeneity of the data in
aspects beyond those in the clustering analysis), and
applicable in a range of contexts (including clustering when
the time series dimension is small, or clustering on
parameters other than the mean). We verify that the test has
good size control in finite samples, and we illustrate the
test in applications to clustering vehicle manufacturers and
U.S. mutual funds.},
Doi = {10.1080/07350015.2022.2061983},
Key = {fds356525}
}
@article{fds360107,
Author = {Menkveld, AJ and Dreber, A and Holzmeister, F and Huber, J and Johannesson, M and Kirchler, M and Razen, M and Weitzel, U and Abad, D and Abudy, MM and Adrian, T and Ait-Sahalia, Y and Akmansoy, O and Alcock,
J and Alexeev, V and Aloosh, A and Amato, L and Amaya, D and Angel, J and Bach, A and Baidoo, E and Bakalli, G and Barbon, A and Bashchenko, O and Bindra, PC and Bjonnes, GH and Black, J and Black, BS and Bohorquez, S and Bondarenko, O and Bos, CS and Bosch-Rosa, C and Bouri, E and Brownlees,
CT and Calamia, A and Cao, VN and Capelle-Blancard, G and Capera, L and Caporin, M and Carrion, A and Caskurlu, T and Chakrabarty, B and Chernov, M and Cheung, WM and Chincarini, LB and Chordia, T and Chow,
SC and Clapham, B and Colliard, J-E and Comerton-Forde, C and Curran, E and Dao, T and Dare, W and Davies, RJ and De Blasis and R and De Nard and G and Declerck, F and Deev, O and Degryse, H and Deku, S and Desagre, C and van
Dijk, MA and Dim, C and Dimpfl, T and Dong, Y and Drummond, P and Dudda,
TL and Dumitrescu, A and Dyakov, T and Dyhrberg, AH and Dzieliński, M and Eksi, A and El Kalak and I and ter Ellen, S and Eugster, N and Evans, MDD and Farrell, M and Félez-Viñas, E and Ferrara, G and FERROUHI, EM and Flori, A and Fluharty-Jaidee, J and Foley, S and Fong, KYL and Foucault,
T and Franus, T and Franzoni, FA and Frijns, B and Frömmel, M and Fu, S and Füllbrunn, S and Gan, B and Gehrig, T and Gerritsen, D and Gil-Bazo, J and Glosten, LR and Gomez, T and Gorbenko, A and Güçbilmez, U and Grammig,
J and Gregoire, V and Hagströmer, B and Hambuckers, J and Hapnes, E and Harris, JH and Harris, L and Hartmann, S and Hasse, J-B and Hautsch, N and He, X and Heath, D and Hediger, S and Hendershott, T and Hibbert, AM and Hjalmarsson, E and Hoelscher, SA and Hoffmann, P and Holden, CW and Horenstein, AR and Huang, W and Huang, D and Hurlin, C and Ivashchenko,
A and Iyer, SR and Jahanshahloo, H and Jalkh, N and Jones, CM and Jurkatis,
S and Jylha, P and Kaeck, A and Kaiser, G and Karam, A and Karmaziene, E and Kassner, B and Kaustia, M and Kazak, E and Kearney, F and van Kervel, V and Khan, S and Khomyn, M and Klein, T and Klein, O and Klos, A and Koetter, M and Krahnen, JP and Kolokolov, A and Korajczyk, RA and Kozhan, R and Kwan,
A and Lajaunie, Q and Lam, FYE and Lambert, M and Langlois, H and Lausen,
J and Lauter, T and Leippold, M and Levin, V and Li, Y and Li, MH and Liew,
CY and Lindner, T and Linton, OB and Liu, J and Liu, A and Llorente, G and Lof, M and Lohr, A and Longstaff, FA and Lopez-Lira, A and Mankad, S and Mano, N and Marchal, A and Martineau, C and Mazzola, F and Meloso, D and Mihet, R and Mohan, V and Moinas, S and Moore, D and Mu, L and Muravyev, D and Murphy, D and Neszveda, G and Neumeier, C and Nielsson, U and Nimalendran, M and Nolte, S and Norden, LL and O'Neill, P and Obaid, K and Ødegaard, BA and Östberg, P and Painter, M and Palan, S and Palit, I and Park, A and Pascual, R and Pasquariello, P and Pastor, L and Patel, V and Patton, AJ and Pearson, ND and Pelizzon, L and Pelster, M and Pérignon,
C and Pfiffer, C and Philip, R and Plíhal, T and Prakash, P and Press,
O-A and Prodromou, T and Putniņš, TJ and Raizada, G and Rakowski, DA and Ranaldo, A and Regis, L and Reitz, S and Renault, T and Renjie, RW and Renò, R and Riddiough, S and Rinne, K and Rintamäki, P and Riordan, R and Rittmannsberger, T and Rodríguez-Longarela, I and Rösch, D and Rognone, L and Roseman, B and Rosu, I and Roy, S and Rudolf, N and Rush, S and Rzayev, K and Rzeźnik, A and Sanford, A and Sankaran, H and Sarkar, A and Sarno, L and Scaillet, O and Scharnowski, S and Schenk-Hoppé, KR and Schertler, A and Schneider, M and Schroeder, F and Schuerhoff, N and Schuster, P and Schwarz, MA and Seasholes, MS and Seeger, N and Shachar,
O and Shkilko, A and Shui, J and Sikic, M and Simion, G and Smales, LA and Söderlind, P and Sojli, E and Sokolov, K and Spokeviciute, L and Stefanova, D and Subrahmanyam, MG and Neusüss, S and Szaszi, B and Talavera, O and Tang, Y and Taylor, N and Tham, WW and Theissen, E and Thimme, J and Tonks, I and Tran, H and Trapin, L and Trolle, AB and Valente, G and Van Ness and RA and Vasquez, A and Verousis, T and Verwijmeren, P and Vilhelmsson, A and Vilkov, G and Vladimirov, V and Vogel, S and Voigt, S and Wagner, W and Walther, T and Weiss, P and van der
Wel, M and Werner, IM and Westerholm, PJ and Westheide, C and Wipplinger, E and Wolf, M and Wolff, CCP and Wolk, L and Wong, W-K and Wrampelmeyer, J and Xia, S and Xiu, D and Xu, K and Xu, C and Yadav, PK and Yagüe, J and Yan, C and Yang, A and Yoo, W and Yu, W and Yu, S and Yueshen,
BZ and Yuferova, D and Zamojski, M and Zareei, A and Zeisberger, S and Zhang, SS and Zhang, X and Zhong, Z and Zhou, ZI and Zhou, C and Zhu, S and Zoican, M and Zwinkels, RCJ and Chen, J and Duevski, T and Gao, G and Gemayel, R and Gilder, D and Kuhle, P and Pagnotta, E and Pelli, M and Sönksen, J and Zhang, L and Ilczuk, K and Bogoev, D and Qian, Y and Wika, HC and Yu, Y and Zhao, L and Mi, M and Bao, L and Vaduva, A and Prokopczuk, M and Avetikian, A and Wu, Z-X},
Title = {Non-Standard Errors},
Number = {2021},
Year = {2023},
Month = {May},
Key = {fds360107}
}
%% Peretto, Pietro F.
@article{fds372694,
Author = {Chu, AC and Peretto, P and Xu, R},
Title = {Export-led takeoff in a Schumpeterian economy},
Journal = {Journal of International Economics},
Volume = {145},
Year = {2023},
Month = {November},
url = {http://dx.doi.org/10.1016/j.jinteco.2023.103798},
Abstract = {This study develops an open-economy Schumpeterian growth
model with endogenous takeoff to explore the effects of
exports on the transition of an economy from stagnation to
innovation-driven growth. We find that a higher export
demand raises the level of employment, which causes a larger
market size and an earlier takeoff along with a higher
transitional growth rate but has no effect on long-run
economic growth. These theoretical results are consistent
with empirical evidence that we document using cross-country
panel data in which the positive effect of exports on
economic growth becomes smaller, as countries become more
developed, and eventually disappears. We also calibrate the
model to data in China and find that its export share
increasing from 4.6% in 1978 to 36% in 2006 causes a rapid
growth acceleration, but the fall in exports after 2007
causes a growth deceleration that continues until recent
times.},
Doi = {10.1016/j.jinteco.2023.103798},
Key = {fds372694}
}
@article{fds373655,
Author = {Chu, AC and Peretto, PF},
Title = {Innovation and inequality from stagnation to
growth},
Journal = {European Economic Review},
Volume = {160},
Year = {2023},
Month = {November},
url = {http://dx.doi.org/10.1016/j.euroecorev.2023.104615},
Abstract = {This study explores the evolution of income inequality in an
economy featuring an endogenous transition from stagnation
to growth. We incorporate heterogeneous households in a
Schumpeterian model of endogenous takeoff. In the
pre-industrial era, the economy is in stagnation, and income
inequality is determined by the unequal distribution of
land. When the takeoff occurs, the economy experiences
innovation and economic growth, and income inequality
gradually rises until the economy reaches the steady state.
We calibrate the model for a quantitative analysis and
compare the simulation results to historical data in the UK.
Extending the analysis to allow for endogenous labor supply,
we find that endogenous labor supply introduces a channel
through which inequality contributes to shaping the
transition path of the economy and that households sort
themselves into a leisure class that supplies zero labor and
the rest of society that supplies labor.},
Doi = {10.1016/j.euroecorev.2023.104615},
Key = {fds373655}
}
%% Pfaff, Alexander
@article{fds367797,
Author = {Moros, L and Vélez, MA and Quintero, D and Tobin, D and Pfaff,
A},
Title = {Temporary PES do not crowd-out and may crowd-in
lab-in-the-field forest conservation in Colombia},
Journal = {Ecological Economics},
Volume = {204},
Year = {2023},
Month = {February},
url = {http://dx.doi.org/10.1016/j.ecolecon.2022.107652},
Abstract = {Payments for ecosystem services (PES) programs exist
globally and at times shifting behaviors. Unlike protected
areas, PES compensate land users raising local acceptance of
conservation. Yet some worry that if payments are temporary,
as is often the case, conservation behaviors can be reduced
by PES, ‘crowded-out’ to be lower after payments than if
no PES had existed. We conducted lab-in-the-field
experiments in Colombia, where PES policies are expanding,
with individual or collective conditional payments to 676
farmers,potential PES participants. Payments end, in each
experimental session, randomly for all or only for some
participants. We consistently find that conservation is not
lower after PES than before. Also, without PES conservation
contributions tend to fall, over time, in keeping with
public-goods literatures. Taken together, these results
imply that even after our payments end, conservation is
above the baseline defined by our controls, suggesting some
form of at least short-run crowding in},
Doi = {10.1016/j.ecolecon.2022.107652},
Key = {fds367797}
}
@article{fds369048,
Author = {Rico-Straffon, J and Wang, Z and Panlasigui, S and Loucks, CJ and Swenson, J and Pfaff, A},
Title = {Forest concessions and eco-certifications in the Peruvian
Amazon: Deforestation impacts of logging rights and logging
restrictions},
Journal = {Journal of Environmental Economics and Management},
Volume = {118},
Year = {2023},
Month = {March},
url = {http://dx.doi.org/10.1016/j.jeem.2022.102780},
Abstract = {Concessions that grant logging rights to firms support
economic development based on forest resources.
Eco-certifications put sustainability restrictions on the
operations of those concessions. For spatially detailed
data, including many pre-treatment years, we use new
difference-in-differences estimators to estimate 2002–2018
impacts upon Peruvian Amazon forests from both logging
concessions and their eco-certifications. We find that the
concessions − which in theory could raise or reduce forest
loss − did not raise loss, if anything reducing it
slightly by warding off spikes in deforestation pressure.
Eco-certifications could reduce or raise forest loss, yet we
find no significant impacts.},
Doi = {10.1016/j.jeem.2022.102780},
Key = {fds369048}
}
@article{fds371284,
Author = {Blanco, E and Moros, L and Pfaff, A and Steimanis, I and Velez, MA and Vollan, B},
Title = {No crowding out among those terminated from an ongoing PES
program in Colombia},
Journal = {Journal of Environmental Economics and Management},
Volume = {120},
Year = {2023},
Month = {July},
url = {http://dx.doi.org/10.1016/j.jeem.2023.102826},
Abstract = {This paper presents novel evidence of no crowding out, of
either motivations or donations, among those terminated from
an ongoing program of payments for ecosystem services (PES)
in Colombia. PES programs have risen in number. However,
claims about perverse impacts after programs end could
inhibit their growth. PES end for different reasons (planned
duration, budget reduction, issues in implementation) and in
different ways (some participants or all). An expressed
concern for PES is that receiving payments lowers
conservation, after PES end, if participants' intrinsic
motivations for conservation are ‘crowded out’ by
financial incentives. We test for crowding out by an ongoing
program in which some but not all contracts were terminated.
We see no evidence of crowding out, since neither the
motivations nor the donations for the terminated farmers are
significantly different than for non-PES land owners (and
this is robust to matching on levels of assets, residence on
farm past donation behavior, main economic activity, and
participation in collective activities). Our results add
evidence from an actual PES to literature questioning the
relevance, importance and even sign of crowding
effects.},
Doi = {10.1016/j.jeem.2023.102826},
Key = {fds371284}
}
@article{fds371677,
Author = {Keles, D and Pfaff, A and Mascia, MB},
Title = {Does the Selective Erasure of Protected Areas Raise
Deforestation in the Brazilian Amazon?},
Journal = {Journal of the Association of Environmental and Resource
Economists},
Volume = {10},
Number = {4},
Pages = {1121-1147},
Year = {2023},
Month = {July},
url = {http://dx.doi.org/10.1086/723543},
Abstract = {Protected areas (PAs) are the leading policy to lower
deforestation. Yet resistance by land users leads PAs to be
created in remote sites, lowering impact. Resistance
continues after PA creation, with both illegal deforestation
and advocacy for PADDD, that is, reducing PA status
(downgrading) or PA size (partial or full erasure,
downsizing or degazettement). For the Brazilian Amazon, we
estimate 2010– 15 forest impacts of 2009–12 PA erasures,
on average and for distinct states. Before panel-DID
regression, to find similar controls we matched using static
characteristics and 8–10 years of pretreatment
deforestation. PA erasures should raise deforestation if
erased PAs faced and blocked pressures. Consistent with
this, three conditions for “environmental selection”
yielded little short-run impact from PADDD: low pressures,
unblocked higher pressures, and pressures blocked less by
those PAs selected for erasures. Yet for “development
selection,” with PA erasures in sites with pressures plus
enforcement, PADDD yielded increased deforestation.},
Doi = {10.1086/723543},
Key = {fds371677}
}
%% Pilossoph, Laura
@article{fds371696,
Author = {Lewis, DJ and Melcangi, D and Pilossoph, L and Toner-Rodgers,
A},
Title = {Approximating grouped fixed effects estimation via fuzzy
clustering regression},
Journal = {Journal of Applied Econometrics},
Volume = {38},
Number = {7},
Pages = {1077-1084},
Year = {2023},
Month = {November},
url = {http://dx.doi.org/10.1002/jae.2997},
Abstract = {We propose a new, computationally efficient way to
approximate the “grouped fixed effects” (GFE) estimator
of Bonhomme and Manresa (2015), which estimates grouped
patterns of unobserved heterogeneity. To do so, we
generalize the fuzzy C-means objective to regression
settings. As the clustering exponent (Formula presented.)
approaches 1, the fuzzy clustering objective converges to
the GFE objective, which we recast as a standard generalized
method of moments problem. We replicate the empirical
results of Bonhomme and Manresa (2015) and show that our
estimator delivers almost identical estimates. In
simulations, we show that our approach offers improvements
in terms of bias, classification accuracy, and computational
speed.},
Doi = {10.1002/jae.2997},
Key = {fds371696}
}
@article{fds373493,
Author = {Cortés, P and Pan, J and Pilossoph, L and Reuben, E and Zafar,
B},
Title = {Gender Differences in Job Search and the Earnings Gap:
Evidence from the Field and Lab},
Journal = {Quarterly Journal of Economics},
Volume = {138},
Number = {4},
Pages = {2069-2126},
Year = {2023},
Month = {November},
url = {http://dx.doi.org/10.1093/qje/qjad017},
Abstract = {This article investigates gender differences in the job
search process in the field and lab. Our analysis is based
on rich information on initial job offers and acceptances
from undergraduates of Boston University's Questrom School
of Business. We find (i) a clear gender difference in the
timing of job offer acceptance, with women accepting jobs
substantially earlier than men, and (ii) a sizable gender
earnings gap in accepted offers, which narrows in favor of
women over the course of the job search period. To
understand these patterns, we develop a job search model
that incorporates gender differences in risk aversion and
overoptimism about prospective offers. We validate the
model's assumptions and predictions using the survey data
and present empirical evidence that the job search patterns
in the field can be partly explained by the greater risk
aversion displayed by women and the higher levels of
overoptimism displayed by men. We replicate these findings
in a laboratory experiment that features sequential job
search and provide direct evidence on the purported
mechanisms. Our findings highlight the importance of risk
preferences and beliefs for gender differences in
job-finding behavior and, consequently, early-career wage
gaps among the highly educated.},
Doi = {10.1093/qje/qjad017},
Key = {fds373493}
}
%% Pizer, Billy
@article{fds369109,
Author = {Li, Q and Zhou, Y and Pizer, WA and Wu, L},
Title = {The unbalanced trade-off between pollution exposure and
energy consumption induced by averting behaviors.},
Journal = {iScience},
Volume = {26},
Number = {1},
Pages = {105597},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.1016/j.isci.2022.105597},
Abstract = {Behavioral responses to environmental risks create gains and
losses. We use high-frequency datasets to elucidate such
behavior responses against air pollution and find a
"double-peaked" time pattern in reducing outdoor exposure
and in increasing electricity consumption. Despite that one
standard deviation increase in the Air Quality Index
induces 2% less outdoor population and 6% more household
electricity consumption at peak, most responses fail to
match with the intra-day pollution peaks, implying
ineffective exposure avoidance. We find an unbalanced
trade-off between health benefits and energy co-damages. The
behavior-induced change in annual residential power
consumption (+1.01% to +1.20%) is estimated to be 20 times
more than that in the population-based exposure (-0.02% to
-0.05%), and generates 0.13-0.15 million more metric tons of
citywide carbon emissions. Our results imply that by
targeting peak pollution periods, policies can shrink the
trade-off imbalance and achieve mutual improvements in
exposure reduction and energy conservation.},
Doi = {10.1016/j.isci.2022.105597},
Key = {fds369109}
}
@article{fds370983,
Author = {Howard, PH and Sarinsky, M and Bauer, M and Cecot, C and Cropper, M and Drupp, M and Freeman, M and Gillingham, KT and Gollier, C and Groom, B and Li, Q and Livermore, M and Newell, R and Pizer, WA and Prest, B and Rudebusch, G and Sterner, T and Wagner, G},
Title = {US benefit-cost analysis requires revision.},
Journal = {Science (New York, N.Y.)},
Volume = {380},
Number = {6647},
Pages = {803},
Year = {2023},
Month = {May},
url = {http://dx.doi.org/10.1126/science.adi5943},
Doi = {10.1126/science.adi5943},
Key = {fds370983}
}
%% Pollmann, Michael
@article{fds372620,
Author = {Athey, S and Bickel, PJ and Chen, A and Imbens, GW and Pollmann,
M},
Title = {Semi-parametric estimation of treatment effects in
randomised experiments},
Journal = {Journal of the Royal Statistical Society. Series B:
Statistical Methodology},
Volume = {85},
Number = {5},
Pages = {1615-1638},
Publisher = {Oxford University Press (OUP)},
Year = {2023},
Month = {November},
url = {http://dx.doi.org/10.1093/jrsssb/qkad072},
Abstract = {We develop new semi-parametric methods for estimating
treatment effects. We focus on settings where the outcome
distributions may be thick tailed, where treatment effects
may be small, where sample sizes are large, and where
assignment is completely random. This setting is of
particular interest in recent online experimentation. We
propose using parametric models for the treatment effects,
leading to semiparametric models for the outcome
distributions. We derive the semi-parametric efficiency
bound for the treatment effects for this setting, and
propose efficient estimators. In the leading case with
constant quantile treatment effects, one of the proposed
efficient estimators has an interesting interpretation as a
weighted average of quantile treatment effects, with the
weights proportional to minus the second derivative of the
log of the density of the potential outcomes. Our analysis
also suggests an extension of Huber’s model and trimmed
mean to include asymmetry.},
Doi = {10.1093/jrsssb/qkad072},
Key = {fds372620}
}
%% Pominova, Mariya
@article{fds375160,
Author = {Pominova, M and Gabe, T},
Title = {Population size and the job matching of college
graduates},
Journal = {Applied Economics Letters},
Volume = {30},
Number = {20},
Pages = {2994-2997},
Publisher = {Informa UK Limited},
Year = {2023},
Month = {November},
url = {http://dx.doi.org/10.1080/13504851.2022.2117774},
Doi = {10.1080/13504851.2022.2117774},
Key = {fds375160}
}
%% Rampini, Adriano A.
@article{fds371879,
Author = {Lanteri, A and Rampini, AA},
Title = {Constrained-Efficient Capital Reallocation},
Journal = {American Economic Review},
Volume = {113},
Number = {2},
Pages = {354-395},
Year = {2023},
Month = {February},
url = {http://dx.doi.org/10.1257/aer.20210902},
Abstract = {We characterize efficiency in an equilibrium model of
investment and capital reallocation with heterogeneous firms
facing collateral constraints. The model features two types
of pecuniary externalities: collateral externalities,
because the resale price of capital affects collateral
constraints, and distributive externalities, because buyers
of old capital are more financially constrained than
sellers, consistent with empirical evidence. We prove that
the stationary equilibrium price of old capital is
inefficiently high because the distributive externality
exceeds the collateral externality, by a factor of two when
we calibrate the model. New investment reduces the future
price of old capital, providing a rationale for
new-investment subsidies.},
Doi = {10.1257/aer.20210902},
Key = {fds371879}
}
%% Rangel, Marcos A.
@article{fds367929,
Author = {Bacolod, M and Blum, BS and Rangel, MA and Strange,
WC},
Title = {Learners in cities: Agglomeration and the spatial division
of cognition},
Journal = {Regional Science and Urban Economics},
Volume = {98},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.1016/j.regsciurbeco.2022.103838},
Abstract = {This paper uses new psychometric data to reconsider the
composition of cities, the role of sorting in urban
learning, and the generation of agglomeration economies more
generally. The analysis establishes that individuals in
large cities tend to have greater learning capacity. The
spatial distribution of learning capacity is most strongly
related to the age composition of cities, specifically to
the location choices of young workers with high learning
capacity. This indicates that observed patterns of dynamic
agglomeration economies are influenced by the sorting of
learners into cities. This, in turn, has implications for
placed-based and other policies.},
Doi = {10.1016/j.regsciurbeco.2022.103838},
Key = {fds367929}
}
@article{fds358727,
Author = {Holbein, JB and Rangel, MA and Moore, R and Croft,
M},
Title = {Is Voting Transformative? Expanding and Meta-Analyzing the
Evidence},
Journal = {Political Behavior},
Volume = {45},
Number = {3},
Pages = {1015-1044},
Year = {2023},
Month = {September},
url = {http://dx.doi.org/10.1007/s11109-021-09746-2},
Abstract = {Voting is the foundational act of democracy. While thousands
of studies have treated voting as a dependent variable,
comparatively little research has studied voting as an
independent variable. Here we flip the causal arrow and
explore the effect of exogenous voting shocks on citizens’
broader attitudes and behaviors. To do so, we first use two
waves from a uniquely large survey of young people in the
United States, pairing this with a regression discontinuity
design. We augment these results with a new meta-analysis of
all causally-identified studies exploring whether voting is
transformative. We find that—despite voting at much higher
rates—individuals induced to vote, regardless of the mode
used to mobilize, are (precisely) no different from
all-else-equal individuals that are not. Our results
illuminate the (non)consequences of a vitally
important—and widely studied—political behavior and
speak to the broader importance of voting as an object of
study.},
Doi = {10.1007/s11109-021-09746-2},
Key = {fds358727}
}
%% Ridley, David B.
@article{fds372991,
Author = {Liebman, E and Lawler, EC and Dunn, A and Ridley,
DB},
Title = {Consequences of a shortage and rationing: Evidence from a
pediatric vaccine.},
Journal = {Journal of health economics},
Volume = {92},
Pages = {102819},
Publisher = {Elsevier BV},
Year = {2023},
Month = {December},
url = {http://dx.doi.org/10.1016/j.jhealeco.2023.102819},
Abstract = {Shortages and rationing are common in health care, yet we
know little about the consequences. We examine an 18-month
shortage of the pediatric Haemophilus Influenzae Type B
(Hib) vaccine. Using insurance claims data and variation in
shortage exposure across birth cohorts, we find that the
shortage reduced uptake of high-value primary doses by 4
percentage points and low-value booster doses by 26
percentage points. This suggests providers largely complied
with rationing recommendations. In the long-run, catch-up
vaccination occurred but was incomplete: shortage-exposed
cohorts were 4 percentage points less likely to have
received the ir booster dose years later. We also find that
the shortage and rationing caused provider switches, extra
provider visits, and negative spillovers to other
care.},
Doi = {10.1016/j.jhealeco.2023.102819},
Key = {fds372991}
}
@article{fds374357,
Author = {Cuddy, E and Lu, YP and Ridley, DB},
Title = {FDA Global Drug Inspections: Surveillance Of Manufacturing
Establishments Remains Well Below Pre-COVID-19
Levels.},
Journal = {Health affairs (Project Hope)},
Volume = {42},
Number = {12},
Pages = {1758-1766},
Year = {2023},
Month = {December},
url = {http://dx.doi.org/10.1377/hlthaff.2023.00686},
Abstract = {During the initial phase of the COVID-19 pandemic, the Food
and Drug Administration (FDA) halted inspections of most
overseas drug manufacturing establishments. Looking at data
from the period 2012-22, we observed steep declines in both
foreign and domestic inspections in 2020. By 2022, numbers
of inspections remained well below prepandemic levels, with
a 79 percent decrease in foreign inspections and a
35 percent decline in domestic inspections compared with
2019. There was no corresponding reduction in drug
manufacturing or imports. Also, the resources allocated per
inspection surged, although the FDA's overall budget and
staffing remained steady. Finally, citations rose
dramatically, despite all establishments being given advance
notice of inspections. The findings of our study underscore
the pressing need to explore alternative methods for
ensuring drug safety.},
Doi = {10.1377/hlthaff.2023.00686},
Key = {fds374357}
}
@article{fds375866,
Author = {Ridley, DB and Lasanta, AM and Storer Jones and F and Ridley,
SK},
Title = {European priority review vouchers for neglected disease
product development.},
Journal = {BMJ global health},
Volume = {9},
Number = {1},
Pages = {e013686},
Publisher = {BMJ},
Year = {2024},
Month = {January},
url = {http://dx.doi.org/10.1136/bmjgh-2023-013686},
Abstract = {<h4>Introduction</h4>Neglected diseases are a significant
global health challenge. Encouraging the development of
therapeutics and vaccines for these diseases would address
an important unmet medical need. We propose a priority
review voucher programme for the European Union (EU). The
developer of a drug or vaccine for a neglected disease would
receive a voucher for accelerated assessment of a different
product at the European Medicines Agency
(EMA).<h4>Methods</h4>This study uses retrospective
observational data to estimate the potential commercial
value of the proposed voucher programme using a five-step
approach: (1) estimating the time saved in the EMA
accelerated regulatory review; (2) gauging time reductions
in accelerated pricing and reimbursement decisions by EU
member states; (3) selecting 10 high-revenue products
launched between 2015 and 2020 representing typical voucher
users; (4) analysing IQVIA MIDAS sales data for the selected
products and (5) calculating the net present value (NPV) of
the voucher based on the 10 products.<h4>Results</h4>The
accelerated EMA review would reduce regulatory time by an
average of 182 days. Additionally, products could save more
than a year in many member states through an expedited
120-day pricing and reimbursement review. The estimated NPV
of regulatory acceleration by two quarters would be
€100 million. In addition, if France, Italy and Spain
reviewed pricing and reimbursement in only 120 days, then
the value would double.<h4>Conclusion</h4>An EU voucher
estimated at more than €100 million, coupled with a
US$100 million counterpart, offers a meaningful incentive
for novel product development. However, the voucher
programme should be part of a comprehensive strategy for
tackling neglected diseases, rather than a standalone
solution.},
Doi = {10.1136/bmjgh-2023-013686},
Key = {fds375866}
}
%% Roberts, James W.
@article{fds343588,
Author = {Garrett, D and Ordin, A and Roberts, JW and Suárez Serrato,
JC},
Title = {Tax Advantages and Imperfect Competition in Auctions for
Municipal Bonds},
Journal = {Review of Economic Studies},
Volume = {90},
Number = {2},
Pages = {815-851},
Publisher = {Oxford University Press (OUP)},
Year = {2023},
Month = {March},
url = {http://dx.doi.org/10.1093/restud/rdac035},
Abstract = {<jats:title>Abstract</jats:title> <jats:p>We study the
interaction between tax advantages for municipal bonds and
the market structure of auctions for these bonds. We show
that this interaction can limit a bidder’s ability to
extract information rents and is a crucial determinant of
state and local governments’ borrowing costs. Reduced-form
estimates show that increasing the tax advantage by 3 pp
lowers mean borrowing costs by 9–10$\%$. We estimate a
structural auction model to measure markups and to
illustrate and quantify how the interaction between tax
policy and bidder strategic behaviour determines the impact
of tax advantages on municipal borrowing costs. We use the
estimated model to evaluate the efficiency of Obama and
Trump administration policies that limit the tax advantage
for municipal bonds. Because reductions in the tax advantage
inflate bidder markups and depress competition, the
resulting increase in municipal borrowing costs more than
offsets the tax savings to the government. Finally, we use
the model to analyse a recent non-tax regulation that
affects entry into municipal bond auctions.</jats:p>},
Doi = {10.1093/restud/rdac035},
Key = {fds343588}
}
%% Rosen, Adam M
@article{fds369742,
Author = {Chesher, A and Kim, D and Rosen, AM},
Title = {IV methods for Tobit models},
Journal = {Journal of Econometrics},
Volume = {235},
Number = {2},
Pages = {1700-1724},
Year = {2023},
Month = {August},
url = {http://dx.doi.org/10.1016/j.jeconom.2023.01.010},
Abstract = {This paper studies models of processes generating censored
outcomes with endogenous explanatory variables and
instrumental variable restrictions. Tobit-type left
censoring at zero is the primary focus in the exposition.
Extension to stochastic censoring is sketched. The models do
not specify the process determining endogenous explanatory
variables and they do not embody restrictions justifying
control function approaches. Consequently, they can be
partially or point identifying. Identified sets are
characterized and it is shown how inference can be performed
on scalar functions of partially identified parameters when
exogenous variables have rich support. In an application
using data on UK household tobacco expenditures inference is
conducted on the coefficient of an endogenous total
expenditure variable with and without a Gaussian
distributional restriction on the unobservable and compared
with the results obtained using a point identifying complete
triangular model.},
Doi = {10.1016/j.jeconom.2023.01.010},
Key = {fds369742}
}
%% Sadowski, Philipp
@article{fds371111,
Author = {Dillenberger, D and Krishna, RV and Sadowski, P},
Title = {Subjective information choice processes},
Journal = {Theoretical Economics},
Volume = {18},
Number = {2},
Pages = {529-559},
Year = {2023},
Month = {May},
url = {http://dx.doi.org/10.3982/TE4531},
Abstract = {We propose a class of dynamic models that capture subjective
(and, hence, unobservable) constraints on the amount of
information a decision maker can acquire, pay attention to,
or absorb via an information choice process (ICP). An ICP
specifies the information that can be acquired about the
payoff-relevant state in the current period and how this
choice affects what can be learned in the future. In spite
of their generality, wherein ICPs can accommodate any
dependence of the information constraint on the history of
information choices and state realizations, we show that the
constraints imposed by them are identified up to a dynamic
extension of Blackwell dominance. All the other parameters
of the model are also uniquely identified.},
Doi = {10.3982/TE4531},
Key = {fds371111}
}
%% Sloan, Frank A.
@article{fds370032,
Author = {Wu, B and Luo, H and Tan, C and Qi, X and Sloan, FA and Kamer, AR and Schwartz, MD and Martinez, M and Plassman, BL},
Title = {Diabetes, Edentulism, and Cognitive Decline: A 12-Year
Prospective Analysis.},
Journal = {J Dent Res},
Volume = {102},
Number = {8},
Pages = {879-886},
Year = {2023},
Month = {July},
url = {http://dx.doi.org/10.1177/00220345231155825},
Abstract = {Diabetes mellitus (DM) is a recognized risk factor for
dementia, and increasing evidence shows that tooth loss is
associated with cognitive impairment and dementia. However,
the effect of the co-occurrence of DM and edentulism on
cognitive decline is understudied. This 12-y cohort study
aimed to assess the effect of the co-occurrence of DM and
edentulism on cognitive decline and examine whether the
effect differs by age group. Data were drawn from the 2006
to 2018 Health and Retirement Study. The study sample
included 5,440 older adults aged 65 to 74 y, 3,300 aged 75
to 84 y, and 1,208 aged 85 y or older. Linear mixed-effect
regression was employed to model the rates of cognitive
decline stratified by age cohorts. Compared with their
counterparts with neither DM nor edentulism at baseline,
older adults aged 65 to 74 y (β = -1.12; 95% confidence
interval [CI], -1.56 to -0.65; P < 0.001) and those aged 75
to 84 y with both conditions (β = -1.35; 95% CI, -2.09 to
-0.61; P < 0.001) had a worse cognitive function. For the
rate of cognitive decline, compared to those with neither
condition from the same age cohort, older adults aged 65 to
74 y with both conditions declined at a higher rate (β =
-0.15; 95% CI, -0.20 to -0.10; P < 0.001). Having DM alone
led to an accelerated cognitive decline in older adults aged
65 to 74 y (β = -0.09; 95% CI, -0.13 to -0.05; P < 0.001);
having edentulism alone led to an accelerated decline in
older adults aged 65 to 74 y (β = -0.13; 95% CI, -0.17 to
-0.08; P < 0.001) and older adults aged 75 to 84 (β =
-0.10; 95% CI, -0.17 to -0.03; P < 0.01). Our study finds
the co-occurrence of DM and edentulism led to a worse
cognitive function and a faster cognitive decline in older
adults aged 65 to 74 y.},
Doi = {10.1177/00220345231155825},
Key = {fds370032}
}
@article{fds369330,
Author = {Sloan, FA and Valdmanis, VG},
Title = {Relative Productivity of For-Profit Hospitals: A Big or a
Little Deal?},
Journal = {Medical care research and review : MCRR},
Volume = {80},
Number = {4},
Pages = {355-371},
Year = {2023},
Month = {August},
url = {http://dx.doi.org/10.1177/10775587221142268},
Abstract = {This study asks: Does the empirical evidence support the
conclusion that for-profit (FP) hospitals are more
productive or efficient than private not-for-profit (NFP)
hospitals or non-federal public (PUB) hospitals? Alternative
theories of NFP behavior are described. Our review of
individual empirical hospital studies of quality, service
mix, community benefit, and cost/efficiency in the United
States published since 2000 indicates that no systematic
difference exists in cost/efficiency, provision of
uncompensated care, and quality of care. But FPs are more
likely to provide profitable services, higher service
intensity, have lower shares of uninsured and Medicaid
patients, and are more responsive to external financial
incentives. That FP hospitals are not more efficient runs
counter to property rights theory, but their relative
responsiveness to financial incentives supports it. There is
little evidence that FP market presence changes NFP
behaviors. Observed differences between FP and NFP hospitals
are mostly a "little deal."},
Doi = {10.1177/10775587221142268},
Key = {fds369330}
}
@article{fds374393,
Author = {Myers, A and Ristau, B and Mossanen, M and Tyson, MD and Chisolm, S and Sloan, F and Ball, CT and Smith, A and Lyon, TD},
Title = {Patient reported treatment burden and attitudes towards
in-home intravesical therapy among patients with bladder
cancer.},
Journal = {Urologic oncology},
Volume = {42},
Number = {2},
Pages = {29.e17-29.e22},
Year = {2024},
Month = {February},
url = {http://dx.doi.org/10.1016/j.urolonc.2023.09.006},
Abstract = {<h4>Purpose</h4>To quantify patient reported treatment
burden while receiving intravesical therapy for bladder
cancer and to survey patient perspectives on in-home
intravesical therapy.<h4>Materials and methods</h4>We
conducted a cross-sectional survey of the Bladder Cancer
Advocacy Network Patient Survey Network. Survey questions
were developed by investigators, then iteratively revised by
clinician and patient advocates. Eligible participants had
to have received at least 1 dose of intravesical therapy
delivered in an ambulatory setting.<h4>Results</h4>Two
hundred thirty-three patients responded to the survey with
median age of 70 years (range 33-88 years). Two-thirds of
respondents (66%, 151/232) had received greater than 12
bladder instillations. A travel time of >30 minutes to an
intravesical treatment facility was reported by 55%
(126/231) of respondents. Fifty-six percent (128/232)
brought caregivers to their appointments, and 36% (82/230)
missed work to receive treatment. Sixty-one respondents
(26%) felt the process of receiving bladder instillations
adversely affected their ability to perform regular daily
activities. Among those surveyed, 72% (168/232) reported
openness to receiving in-home intravesical instillations and
54% (122/228) answered that in-home instillations would make
the treatment process less disruptive to their
lives.<h4>Conclusions</h4>Bladder cancer patients reported
considerable travel distances, time requirements, and need
for caregiver support when receiving intravesical therapy.
Nearly three-quarters of survey respondents reported
openness to receiving intravesical instillations in their
home, with many identifying potential benefits for home over
clinic-based therapy.},
Doi = {10.1016/j.urolonc.2023.09.006},
Key = {fds374393}
}
%% Smith, Martin D.
@article{fds372271,
Author = {Birkenbach, AM and Kaczan, DJ and Smith, MD and Ardini, G and Holland,
DS and Lee, MY and Lipton, D and Travis, MD},
Title = {Do Catch Shares Increase Prices? Evidence from US
Fisheries},
Journal = {Marine Resource Economics},
Volume = {38},
Number = {3},
Pages = {203-228},
Year = {2023},
Month = {July},
url = {http://dx.doi.org/10.1086/725010},
Abstract = {Rights-based management of fishery resources theoretically
allows firms to minimize the cost of extraction without the
threat that other harvesters will take their allocations,
but added flexibility also allows firms to exploit revenue
margins such that firms balance potential revenue gains with
potential cost savings. Using two approaches,
difference-in-differences with an index of seafood prices
and synthetic control, we test for revenue gains in 39 US
fisheries that adopted market-based regulations and find
mixed evidence of price increases. Species with price
increases tend to have viable fresh markets or other
features that discourage gluts, whereas species with price
decreases plausibly have more to gain on the cost side or
are part of a multispecies complex with a higher-value
species experiencing a price increase.},
Doi = {10.1086/725010},
Key = {fds372271}
}
@article{fds373985,
Author = {Waller, J and Bartlett, J and Bates, E and Bray, H and Brown, M and Cieri,
M and Clark, C and Devoe, W and Donahue, B and Frechette, D and Glon, H and Hunter, M and Huntsberger, C and Kanwit, K and Ledwin, S and Lewis, B and Peters, R and Reardon, K and Russell, R and Smith, M and Uraneck, C and Watts, R and Wilson, C},
Title = {Reflecting on the recent history of coastal Maine fisheries
and marine resource monitoring: the value of collaborative
research, changing ecosystems, and thoughts on preparing for
the future},
Journal = {ICES Journal of Marine Science},
Volume = {80},
Number = {8},
Pages = {2074-2086},
Year = {2023},
Month = {October},
url = {http://dx.doi.org/10.1093/icesjms/fsad134},
Abstract = {The Maine Department of Marine Resources (MEDMR) is a state
agency tasked with developing, conserving, researching, and
promoting commercial and recreational marine fisheries
across Maine's vast coastline. Close collaborations with
industry members in each of the 30 or more fisheries that
support Maine's coastal economy are central to MEDMR's
efforts to address this suite of tasks. Here we reflect on
recent decades of MEDMR's work and demonstrate how MEDMR
fisheries research programmes are preparing for an uncertain
future through the lens of three broadly applicable
climate-driven challenges: (1) a rapidly changing marine
ecosystem; (2) recommendations driven by state and federal
climate initiatives; and (3) the need to share institutional
knowledge with a new generation of marine resource
scientists. We do this by highlighting our scientific and
co-management approach to coastal Maine fisheries that have
prospered, declined, or followed a unique trend over the
last 25+ years. We use these examples to illustrate our
lessons learned when studying a diverse array of fisheries,
highlight the importance of collaborations with academia and
the commercial fishing industry, and share our
recommendations to marine resource scientists for addressing
the climate-driven challenges that motivated this
work.},
Doi = {10.1093/icesjms/fsad134},
Key = {fds373985}
}
@article{fds373423,
Author = {Schlüter, M and Brelsford, C and Ferraro, PJ and Orach, K and Qiu, M and Smith, MD},
Title = {Unraveling complex causal processes that affect
sustainability requires more integration between empirical
and modeling approaches.},
Journal = {Proceedings of the National Academy of Sciences of the
United States of America},
Volume = {120},
Number = {41},
Pages = {e2215676120},
Year = {2023},
Month = {October},
url = {http://dx.doi.org/10.1073/pnas.2215676120},
Abstract = {Scientists seek to understand the causal processes that
generate sustainability problems and determine effective
solutions. Yet, causal inquiry in nature-society systems is
hampered by conceptual and methodological challenges that
arise from nature-society interdependencies and the complex
dynamics they create. Here, we demonstrate how
sustainability scientists can address these challenges and
make more robust causal claims through better integration
between empirical analyses and process- or agent-based
modeling. To illustrate how these different epistemological
traditions can be integrated, we present four studies of air
pollution regulation, natural resource management, and the
spread of COVID-19. The studies show how integration can
improve empirical estimates of causal effects, inform future
research designs and data collection, enhance understanding
of the complex dynamics that underlie observed temporal
patterns, and elucidate causal mechanisms and the contexts
in which they operate. These advances in causal
understanding can help sustainability scientists develop
better theories of phenomena where social and ecological
processes are dynamically intertwined and prior causal
knowledge and data are limited. The improved causal
understanding also enhances governance by helping scientists
and practitioners choose among potential interventions,
decide when and how the timing of an intervention matters,
and anticipate unexpected outcomes. Methodological
integration, however, requires skills and efforts of all
involved to learn how members of the respective other
tradition think and analyze nature-society
systems.},
Doi = {10.1073/pnas.2215676120},
Key = {fds373423}
}
@article{fds373696,
Author = {Smith, MD},
Title = {Economics of Aquatic Foods: Combining Bioeconomics and
Market Analysis to Inform Regulations That Deliver
Value},
Journal = {Marine Resource Economics},
Volume = {38},
Number = {4},
Pages = {305-327},
Publisher = {University of Chicago Press},
Year = {2023},
Month = {October},
url = {http://dx.doi.org/10.1086/726026},
Abstract = {Bioeconomic modeling and seafood market analysis both have
rich intellectual traditions that have contrib-uted insights
to understanding the economics of aquatic foods. This paper
argues that these traditions, which developed mostly in
parallel, should be combined more purposefully to understand
management problems in fisheries and aquaculture. First,
modeling the feedback between economic incentives and
biological mecha-nisms is essential for avoiding management
failure, and prices provide important incentives. Second,
the form of management affects opportunities to generate
value, influencing patterns of exploitation and the types of
products that come from fishery resources. Third, price
incentives in fisheries and responses to management depend
on market context, including competition with aquaculture.
By combining these insights with a modern empirical focus on
counterfactuals, including both reduced-form and structural
modeling approaches to causal inference, economists can
inform policy and help to deliver a wide range of values
from the production and consumption of aquatic
foods.},
Doi = {10.1086/726026},
Key = {fds373696}
}
@article{fds376268,
Author = {McNamara, DE and Smith, MD and Williams, Z and Gopalakrishnan, S and Landry, CE},
Title = {Policy and market forces delay real estate price declines on
the US coast.},
Journal = {Nature communications},
Volume = {15},
Number = {1},
Pages = {2209},
Publisher = {Springer Science and Business Media LLC},
Year = {2024},
Month = {March},
url = {http://dx.doi.org/10.1038/s41467-024-46548-6},
Abstract = {Despite increasing risks from sea-level rise (SLR) and
storms, US coastal communities continue to attract
relatively high-income residents, and coastal property
values continue to rise. To understand this seeming paradox
and explore policy responses, we develop the Coastal Home
Ownership Model (C-HOM) and analyze the long-term evolution
of coastal real estate markets. C-HOM incorporates changing
physical attributes of the coast, economic values of these
attributes, and dynamic risks associated with storms and
flooding. Resident owners, renters, and non-resident
investors jointly determine coastal property values and the
policy choices that influence the physical evolution of the
coast. In the coupled system, we find that subsidies for
coastal management, such as beach nourishment, tax
advantages for high-income property owners, and stable or
increasing property values outside the coastal zone all
dampen the effects of SLR on coastal property values. The
effects, however, are temporary and only delay precipitous
declines as total inundation approaches. By removing
subsidies, prices would more accurately reflect risks from
SLR but also trigger more coastal gentrification, as
relatively high-income owners enter the market and
self-finance nourishment. Our results suggest a policy
tradeoff between slowing demographic transitions in coastal
communities and allowing property markets to adjust smoothly
to risks from climate change.},
Doi = {10.1038/s41467-024-46548-6},
Key = {fds376268}
}
%% Taylor, Curtis R.
@article{fds372693,
Author = {Häfner, S and Taylor, CR},
Title = {Working for References},
Journal = {American Economic Journal: Microeconomics},
Volume = {15},
Number = {3},
Pages = {33-77},
Year = {2023},
Month = {January},
url = {http://dx.doi.org/10.1257/MIC.20210299},
Abstract = {We analyze the incentive and welfare consequences of job
references in a large economy marked by moral hazard,
limited liability, exogenous job separation, and structural
unemployment. In the firm-optimal equilibrium, employers
provide references whenever production is successful, and
workers holding references are hired with certainty in the
ensuing period. Compared to a setting without references:
the bonus-contract offers are lower, yet the workers’
equilibrium effort is higher. Profits and welfare are
higher, yet aggregate worker welfare is lower. Also, firms
do not fully internalize the incentive effect of references
and could typically increase profits and welfare by jointly
raising bonuses.},
Doi = {10.1257/MIC.20210299},
Key = {fds372693}
}
%% Thomas, Duncan
@misc{fds374344,
Author = {Frankenberg, E and Sumantri, C and Thomas, D},
Title = {Understanding the Impacts of a Natural Disaster: Evidence
from the 2004 Indian Ocean Tsunami},
Pages = {151-166},
Booktitle = {Island Ecosystems},
Publisher = {Springer International Publishing},
Year = {2023},
ISBN = {9783031280887},
url = {http://dx.doi.org/10.1007/978-3-031-28089-4_11},
Doi = {10.1007/978-3-031-28089-4_11},
Key = {fds374344}
}
@article{fds370860,
Author = {Ingwersen, N and Frankenberg, E and Thomas, D},
Title = {Evolution of Risk Aversion over Five Years after a Major
Natural Disaster.},
Journal = {Journal of development economics},
Volume = {163},
Pages = {103095},
Year = {2023},
Month = {June},
url = {http://dx.doi.org/10.1016/j.jdeveco.2023.103095},
Abstract = {The impact of exposure to a major unanticipated natural
disaster on the evolution of survivors' attitudes toward
risk is examined, exploiting plausibly exogenous variation
in exposure to the 2004 Indian Ocean tsunami in combination
with rich population-representative longitudinal survey data
spanning the five years after the tsunami. Respondents chose
among pairs of hypothetical income streams. Those directly
exposed to the tsunami made choices consistent with greater
willingness to take on risk relative to those not directly
exposed to the tsunami. These differences are short-lived:
starting a year later, there is no evidence of differences
in willingness to take on risk between the two groups. These
conclusions hold for tsunami-related exposures measured at
the individual and community level. Apparently, tsunami
survivors were inclined to assume greater financial risk in
the short-term while rebuilding their lives after the
disaster.},
Doi = {10.1016/j.jdeveco.2023.103095},
Key = {fds370860}
}
@article{fds373534,
Author = {Lawton, R and Frankenberg, E and Seeman, T and Crimmins, E and Sumantri,
C and Thomas, D},
Title = {Exposure to the Indian Ocean Tsunami shapes the HPA-axis
resulting in HPA "burnout" 14 years later.},
Journal = {Proceedings of the National Academy of Sciences of the
United States of America},
Volume = {120},
Number = {44},
Pages = {e2306497120},
Year = {2023},
Month = {October},
url = {http://dx.doi.org/10.1073/pnas.2306497120},
Abstract = {Despite significant research on the effects of stress on the
hypothalamic-pituitary-adrenal (HPA) axis, questions remain
regarding long-term impacts of large-scale stressors.
Leveraging data on exposure to an unanticipated major
natural disaster, the 2004 Indian Ocean tsunami, we provide
causal evidence of its imprint on hair cortisol levels
fourteen years later. Data are drawn from the Study of the
Tsunami Aftermath and Recovery, a population-representative
longitudinal study of tsunami survivors who were living
along the coast of Aceh, Indonesia, when the tsunami hit.
Annual rounds of data, collected before, the year after and
2 y after the disaster provide detailed information about
tsunami exposures and self-reported symptoms of
post-traumatic stress. Hair samples collected 14 y after the
tsunami from a sample of adult participants provide measures
of cortisol levels, integrated over several months. Hair
cortisol concentrations are substantially and significantly
lower among females who were living, at the time of the
tsunami, in communities directly damaged by the tsunami, in
comparison with similar females living in other, nearby
communities. Differences among males are small and not
significant. Cortisol concentrations are lowest among those
females living in damaged communities who reported elevated
post-traumatic stress symptoms persistently for two years
after the tsunami, indicating that the negative effects of
exposure were largest for them. Low cortisol is also
associated with contemporaneous reports of poor self-rated
general and psychosocial health. Taken together, the
evidence points to dysregulation in the HPA axis and
"burnout" among these females fourteen years after exposure
to the disaster.},
Doi = {10.1073/pnas.2306497120},
Key = {fds373534}
}
%% Timmins, Christopher D.
@article{fds370033,
Author = {Gao, X and Song, R and Timmins, C},
Title = {Information, migration, and the value of clean
air},
Journal = {Journal of Development Economics},
Volume = {163},
Year = {2023},
Month = {June},
url = {http://dx.doi.org/10.1016/j.jdeveco.2023.103079},
Abstract = {Using a variant of the Rosen-Roback model of inter-city
migration that incorporates public access to air quality
information, we demonstrate that information constraints
create a wedge between revealed and true hedonic prices for
pollution that depends upon individuals’ perception
biases. We empirically test our theoretical predictions by
leveraging the unexpected disclosure of PM2.5 data in China.
We find that migration decisions become much more responsive
to pollution and that the hedonic price of avoiding PM2.5
exposure nearly doubles – from 171 to 336 Chinese Yuan –
in response to the information shock. Our results highlight
the role of imperfect information in migration decisions and
its impact on non-market valuation in countries where public
access to information is restricted.},
Doi = {10.1016/j.jdeveco.2023.103079},
Key = {fds370033}
}
%% Weintraub, E. Roy
@article{fds372959,
Author = {Weintraub, R},
Title = {Neither Economist nor Historian},
Journal = {Journal of the History of Economic Thought},
Volume = {46},
Number = {4},
Publisher = {Cambridge University Press},
Year = {2024},
Key = {fds372959}
}
%% Xu, Daniel Yi
@article{fds365488,
Author = {Chen, Z and Jiang, X and Liu, Z and Suárez Serrato and JC and Xu,
DY},
Title = {Tax Policy and Lumpy Investment Behaviour: Evidence from
China’s VAT Reform},
Journal = {Review of Economic Studies},
Volume = {90},
Number = {2},
Pages = {634-674},
Publisher = {Oxford University Press (OUP)},
Year = {2023},
Month = {March},
url = {http://dx.doi.org/10.1093/restud/rdac027},
Abstract = {We incorporate the lumpy nature of firm-level investment
into the study of how tax policy affects investment
behaviour. We show that tax policies can directly impact the
lumpiness of investment. Extensive-margin responses to tax
policy are key to understanding the effects of different tax
reforms and to designing effective stimulus policies. We
illustrate these results by studying China’s 2009 VAT
reform, which lowered the tax cost of investment and reduced
partial irreversibility—the price gap between new and used
capital. Using comprehensive tax survey data and a
difference-in-differences design, we estimate a 36% relative
investment increase that is driven by investment spikes.
Using a dynamic investment model that fits the reduced-form
effects of the reform, we show that policies that directly
reduce the likelihood of firm inaction are more effective at
stimulating investment.},
Doi = {10.1093/restud/rdac027},
Key = {fds365488}
}
@article{fds368432,
Author = {Edmond, C and Midrigan, V and Xu, DY},
Title = {How Costly Are Markups?},
Journal = {Journal of Political Economy},
Volume = {131},
Number = {7},
Pages = {1619-1675},
Publisher = {University of Chicago Press},
Year = {2023},
Month = {July},
url = {http://dx.doi.org/10.1086/722986},
Abstract = {We study the welfare costs of markups in a dynamic model
with hetero- geneous firms and endogenous markups. We
provide aggregation re- sults summarizing the macro
implications of micro-level markup het- erogeneity. We
calibrate our model to US Census of Manufactures data and
find that the costs of markups can be large. We decompose
the costs into three channels: an aggregate markup that acts
like a uni- form output tax, misallocation of factors of
production, and ineffi- cient entry. We find that the
aggregate-markup and misallocation channels account for most
of the costs of markups and that the entry channel is much
less important.},
Doi = {10.1086/722986},
Key = {fds368432}
}
%% Yashkin, Arseniy
@article{fds370204,
Author = {Akushevich, I and Kravchenko, J and Yashkin, A and Doraiswamy, PM and Hill, CV and Alzheimer's Disease and Related Dementia Health
Disparities Collaborative Group},
Title = {Expanding the scope of health disparities research in
Alzheimer's disease and related dementias: Recommendations
from the "Leveraging Existing Data and Analytic Methods for
Health Disparities Research Related to Aging and Alzheimer's
Disease and Related Dementias" Workshop Series.},
Journal = {Alzheimer'S & Dementia (Amsterdam, Netherlands)},
Volume = {15},
Number = {1},
Pages = {e12415},
Year = {2023},
url = {http://dx.doi.org/10.1002/dad2.12415},
Abstract = {Topics discussed at the "Leveraging Existing Data and
Analytic Methods for Health Disparities Research Related to
Aging and Alzheimer's Disease and Related Dementias"
workshop, held by Duke University and the Alzheimer's
Association with support from the National Institute on
Aging, are summarized. Ways in which existing data
resources paired with innovative applications of both novel
and well-known methodologies can be used to identify the
effects of multi-level societal, community, and individual
determinants of race/ethnicity, sex, and geography-related
health disparities in Alzheimer's disease and related
dementia are proposed. Current literature on the
population analyses of these health disparities is
summarized with a focus on identifying existing gaps in
knowledge, and ways to mitigate these gaps using data/method
combinations are discussed at the workshop. Substantive
and methodological directions of future research capable of
advancing health disparities research related to aging are
formulated.},
Doi = {10.1002/dad2.12415},
Key = {fds370204}
}
@article{fds370816,
Author = {Yashkin, AP and Gorbunova, GA and Tupler, L and Yashin, AI and Doraiswamy, M and Akushevich, I},
Title = {Differences in Risk of Alzheimer's Disease Following
Later-Life Traumatic Brain Injury in Veteran and Civilian
Populations.},
Journal = {The Journal of Head Trauma Rehabilitation},
Year = {2023},
Month = {February},
url = {http://dx.doi.org/10.1097/htr.0000000000000865},
Abstract = {<h4>Objective</h4>To directly compare the effect of incident
age 68+ traumatic brain injury (TBI) on the risk of
diagnosis of clinical Alzheimer's disease (AD) in the
general population of older adults, and between male
veterans and nonveterans; to assess how this effect changes
with time since TBI.<h4>Setting and participants</h4>Community-dwelling
traditional Medicare beneficiaries 68 years or older from
the Health and Retirement Study (HRS).<h4>Design</h4>Fine-Gray
models combined with inverse-probability weighting were used
to identify associations between incident TBI, post-TBI
duration, and TBI treatment intensity, with a diagnosis of
clinical AD dementia. The study included 16 829 older adults
followed over the 1991-2015 period. For analyses of
veteran-specific risks, 4281 veteran males and 3093
nonveteran males were identified. Analysis of veteran
females was unfeasible due to the age structure of the
population. Information on occurrence(s) of TBI, and onset
of AD and risk-related comorbidities was constructed from
individual-level HRS-linked Medicare claim records while
demographic and socioeconomic risk factors were based on the
survey data.<h4>Results</h4>Later-life TBI was strongly
associated with increased clinical AD risk in the full
sample (pseudo-hazard ratio [HR]: 3.22; 95% confidence
interval [CI]: 2.57-4.05) and in veteran/nonveteran males
(HR: 5.31; CI: 3.42-7.94), especially those requiring
high-intensity/duration care (HR: 1.58; CI: 1.29-1.91).
Effect magnitude decreased with time following TBI (HR:
0.72: CI: 0.68-0.80).<h4>Conclusion</h4>Later-life TBI was
strongly associated with increased AD risk, especially in
those requiring high-intensity/duration care. Effect
magnitude decreased with time following TBI. Univariate
analysis showed no differences in AD risk between veterans
and nonveterans, while the protective effect associated with
veteran status in Fine-Gray models was largely due to
differences in demographics, socioeconomics, and morbidity.
Future longitudinal studies incorporating diagnostic
procedures and documentation quantifying lifetime TBI events
are necessary to uncover pathophysiological mediating and/or
moderating mechanisms between TBI and AD.},
Doi = {10.1097/htr.0000000000000865},
Key = {fds370816}
}
@article{fds369683,
Author = {Arbeev, KG and Bagley, O and Yashkin, AP and Duan, H and Akushevich, I and Ukraintseva, SV and Yashin, AI},
Title = {Understanding Alzheimer's disease in the context of aging:
Findings from applications of stochastic process models to
the Health and Retirement Study.},
Journal = {Mechanisms of Ageing and Development},
Volume = {211},
Pages = {111791},
Year = {2023},
Month = {April},
url = {http://dx.doi.org/10.1016/j.mad.2023.111791},
Abstract = {There is growing literature on applications of
biodemographic models, including stochastic process models
(SPM), to studying regularities of age dynamics of
biological variables in relation to aging and disease
development. Alzheimer's disease (AD) is especially good
candidate for SPM applications because age is a major risk
factor for this heterogeneous complex trait. However, such
applications are largely lacking. This paper starts filling
this gap and applies SPM to data on onset of AD and
longitudinal trajectories of body mass index (BMI)
constructed from the Health and Retirement Study surveys and
Medicare-linked data. We found that APOE e4 carriers are
less robust to deviations of trajectories of BMI from the
optimal levels compared to non-carriers. We also observed
age-related decline in adaptive response (resilience)
related to deviations of BMI from optimal levels as well as
APOE- and age-dependence in other components related to
variability of BMI around the mean allostatic values and
accumulation of allostatic load. SPM applications thus allow
revealing novel connections between age, genetic factors and
longitudinal trajectories of risk factors in the context of
AD and aging creating new opportunities for understanding AD
development, forecasting trends in AD incidence and
prevalence in populations, and studying disparities in
those.},
Doi = {10.1016/j.mad.2023.111791},
Key = {fds369683}
}
@article{fds369841,
Author = {Akushevich, I and Yashkin, A and Kovtun, M and Kravchenko, J and Arbeev,
K and Yashin, AI},
Title = {Forecasting prevalence and mortality of Alzheimer's disease
using the partitioning models.},
Journal = {Exp Gerontol},
Volume = {174},
Pages = {112133},
Year = {2023},
Month = {April},
url = {http://dx.doi.org/10.1016/j.exger.2023.112133},
Abstract = {OBJECTIVES: Health forecasting is an important aspect of
ensuring that the health system can effectively respond to
the changing epidemiological environment. Common models for
forecasting Alzheimer's disease and related dementias
(AD/ADRD) are based on simplifying methodological
assumptions, applied to limited population subgroups, or do
not allow analysis of medical interventions. This study uses
5 %-Medicare data (1991-2017) to identify, partition, and
forecast age-adjusted prevalence and incidence-based
mortality of AD as well as their causal components. METHODS:
The core underlying methodology is the partitioning analysis
that calculates the relative impact each component has on
the overall trend as well as intertemporal changes in the
strength and direction of these impacts. B-spline functions
estimated for all parameters of partitioning models
represent the basis for projections of these parameters in
future. RESULTS: Prevalence of AD is predicted to be stable
between 2017 and 2028 primarily due to a decline in the
prevalence of pre-AD-diagnosis stroke. Mortality, on the
other hand, is predicted to increase. In all cases the
resulting patterns come from a trade-off of two
disadvantageous processes: increased incidence and
disimproved survival. Analysis of health interventions
demonstrates that the projected burden of AD differs
significantly and leads to alternative policy implications.
DISCUSSION: We developed a forecasting model of AD/ADRD
risks that involves rigorous mathematical models and
incorporation of the dynamics of important determinative
risk factors for AD/ADRD risk. The applications of such
models for analyses of interventions would allow for
predicting future burden of AD/ADRD conditional on a
specific treatment regime.},
Doi = {10.1016/j.exger.2023.112133},
Key = {fds369841}
}
%% Yildirim, Huseyin
@article{fds370859,
Author = {Yildirim, H},
Title = {Who fares better in teamwork?},
Journal = {RAND Journal of Economics},
Volume = {54},
Number = {2},
Pages = {299-324},
Year = {2023},
Month = {June},
url = {http://dx.doi.org/10.1111/1756-2171.12438},
Abstract = {This article establishes a tenuous link between ability and
relative well-being in teamwork. It shows that
higher-ability or lower-cost members can easily fare worse
than their lower-ability counterparts due to free-riding.
The extent of free-riding hinges crucially on log-concavity
of effort cost, which its convexity restricts little. The
article further shows how to compose teams that allocate
effort efficiently and equalize payoffs in equilibrium.
Efficient teams must have sufficiently diverse abilities and
sizes at most the number of cost log-inflections plus one.
These findings can explain the evidence of a significant
dislike for teamwork in the workplace and classroom.},
Doi = {10.1111/1756-2171.12438},
Key = {fds370859}
}
@article{fds375219,
Author = {Name Correa and AJ and Yildirim, H},
Title = {Multiple prizes in tournaments with career
concerns},
Journal = {Journal of Economic Theory},
Volume = {215},
Year = {2024},
Month = {January},
url = {http://dx.doi.org/10.1016/j.jet.2023.105778},
Abstract = {We introduce career concerns into rank-order tournaments and
offer a novel explanation for the pervasiveness of multiple
prizes. We argue that career-concerned individuals, already
facing market pressure to perform, will be reluctant to
participate in winner-take-all competitions. To entice them
and maximize performance, the organizer promises a softer
competition through multiple prizes. We show that the
minimum number of prizes is single-peaked in the
population's talent variance and increasing in publicly
disclosed ranks. We also examine entry fees, talent
pre-screening, and prize budget as design tools for
tournaments, along with prize allocation.},
Doi = {10.1016/j.jet.2023.105778},
Key = {fds375219}
}
%% Zhang, Peng
@article{fds370446,
Author = {Terai, K and Yuly, JL and Zhang, P and Beratan, DN},
Title = {Correlated particle transport enables biological free energy
transduction.},
Journal = {Biophysical journal},
Volume = {122},
Number = {10},
Pages = {1762-1771},
Year = {2023},
Month = {May},
url = {http://dx.doi.org/10.1016/j.bpj.2023.04.009},
Abstract = {Studies of biological transport frequently neglect the
explicit statistical correlations among particle site
occupancies (i.e., they use a mean-field approximation).
Neglecting correlations sometimes captures biological
function, even for out-of-equilibrium and interacting
systems. We show that neglecting correlations fails to
describe free energy transduction, mistakenly predicting an
abundance of slippage and energy dissipation, even for
networks that are near reversible and lack interactions
among particle sites. Interestingly, linear charge transport
chains are well described without including correlations,
even for networks that are driven and include site-site
interactions typical of biological electron transfer chains.
We examine three specific bioenergetic networks: a linear
electron transfer chain (as found in bacterial nanowires), a
near-reversible electron bifurcation network (as in complex
III of respiration and other recently discovered
structures), and a redox-coupled proton pump (as in complex
IV of respiration).},
Doi = {10.1016/j.bpj.2023.04.009},
Key = {fds370446}
}
@article{fds371595,
Author = {Sun, K and Fang, C and Kang, M and Zhang, Z and Zhang, P and Beratan, DN and Brown, KR and Kim, J},
Title = {Quantum Simulation of Polarized Light-Induced Electron
Transfer with a Trapped-Ion Qutrit System.},
Journal = {The journal of physical chemistry letters},
Volume = {14},
Number = {26},
Pages = {6071-6077},
Year = {2023},
Month = {July},
url = {http://dx.doi.org/10.1021/acs.jpclett.3c01166},
Abstract = {Electron transfer within and between molecules is crucial in
chemistry, biochemistry, and energy science. This study
describes a quantum simulation method that explores the
influence of light polarization on electron transfer between
two molecules. By implementing precise and coherent control
among the quantum states of trapped atomic ions, we can
induce quantum dynamics that mimic the electron-transfer
dynamics in molecules. We use three-level systems (qutrits),
rather than traditional two-level systems (qubits), to
enhance the simulation efficiency and realize high-fidelity
simulations of electron-transfer dynamics. We treat the
quantum interference between the electron coupling pathways
from a donor with two degenerate excited states to an
acceptor and analyze the transfer efficiency. We also
examine the potential error sources that enter the quantum
simulations. The trapped-ion systems have favorable scalings
with system size compared to those of classical computers,
promising access to richer electron-transfer
simulations.},
Doi = {10.1021/acs.jpclett.3c01166},
Key = {fds371595}
}
@article{fds375216,
Author = {Mendis, KC and Li, X and Valdiviezo, J and Banziger, SD and Zhang, P and Ren, T and Beratan, DN and Rubtsov, IV},
Title = {Electron transfer rate modulation with mid-IR in
butadiyne-bridged donor-bridge-acceptor compounds.},
Journal = {Physical chemistry chemical physics : PCCP},
Volume = {26},
Number = {3},
Pages = {1819-1828},
Year = {2024},
Month = {January},
url = {http://dx.doi.org/10.1039/d3cp03175f},
Abstract = {Controlling electron transfer (ET) processes in
donor-bridge-acceptor (DBA) compounds by mid-IR excitation
can enhance our understanding of the ET dynamics and may
find practical applications in molecular sensing and
molecular-scale electronics. Alkyne moieties are attractive
to serve as ET bridges, as they offer the possibility of
fast ET and present convenient vibrational modes to perturb
the ET dynamics. Yet, these bridges introduce complexity
because of the strong torsion angle dependence of the ET
rates and transition dipoles among electronic states and a
shallow torsion barrier. In this study, we implemented
ultrafast 3-pulse laser spectroscopy to investigate how the
ET from the dimethyl aniline (D) electron donor to the
<i>N</i>-isopropyl-1,8-napthalimide (NAP) electron acceptor
can be altered by exciting the CC stretching mode
(<i>ν</i><sub>CC</sub>) of the butadiyne bridge linking
the donor and acceptor. The electron transfer was initiated
by electronically exciting the acceptor moiety at 400 nm,
followed by vibrational excitation of the alkyne,
<i>ν</i><sub>CC</sub>, and detecting the changes in the
absorption spectrum in the visible spectral region. The
experiments were performed at different delay times
<i>t</i><sub>1</sub> and <i>t</i><sub>2</sub>, which are the
delays between UV-mid-IR and mid-IR-Vis pulses,
respectively. Two sets of torsion-angle conformers were
identified, one featuring a very fast mean ET time of 0.63
ps (group A) and another featuring a slower mean ET time of
4.3 ps (group B), in the absence of the mid-IR excitation.
TD-DFT calculations were performed to determine key torsion
angle dependent molecular parameters, including the
electronic and vibrational transition dipoles, transition
frequencies, and electronic couplings. To describe the
3-pulse data, we developed a kinetic model that includes a
locally excited, acceptor-based S2 state, a charge separated
S1 state, and their vibrationally excited counterparts, with
either excited <i>ν</i><sub>CC</sub> (denoted as
S1A<sup>tr</sup>, S1B<sup>tr</sup>, S2A<sup>tr</sup>, and
S2B<sup>tr</sup>, where tr stands for the excited triplet
bond, <i>ν</i><sub>CC</sub>) or excited daughter modes
of the <i>ν</i><sub>CC</sub> relaxation
(S1A<sup>h</sup>, S1B<sup>h</sup>, S2A<sup>h</sup>, and
S2B<sup>h</sup>, where h stands for vibrationally hot
species). The kinetic model was solved analytically, and the
species-associated spectra (SAS) were determined numerically
using a matrix approach, treating first the experiments with
longer <i>t</i><sub>1</sub> delays and then using the
already determined SAS for modeling the experiments with
shorter <i>t</i><sub>1</sub> delays. Strong vibronic
coupling of <i>ν</i><sub>CC</sub> and of vibrationally
hot states makes the analysis complicated. Nevertheless, the
SAS were identified and the ET rates of the vibrationally
excited species, S2A<sup>tr</sup>, S2B<sup>tr</sup> and
S2B<sup>h</sup>, were determined. The results show that the
ET rate for the S2A species is <i>ca.</i> 1.2-fold slower
when the <i>ν</i><sub>CC</sub> mode is excited. The ET
rate for species S2B is slower by <i>ca.</i> 1.3-fold if the
compound is vibrationally hot and is essentially unchanged
when the <i>ν</i><sub>CC</sub> mode is excited. The SAS
determined for the tr and h species resemble the SAS for
their respective precursor species in the 2-pulse transient
absorption experiments, which validates the procedure used
and the results.},
Doi = {10.1039/d3cp03175f},
Key = {fds375216}
}
@article{fds375353,
Author = {Dunlap-Shohl, WA and Tabassum, N and Zhang, P and Shiby, E and Beratan,
DN and Waldeck, DH},
Title = {Electron-donating functional groups strengthen
ligand-induced chiral imprinting on CsPbBr3
quantum dots.},
Journal = {Scientific reports},
Volume = {14},
Number = {1},
Pages = {336},
Year = {2024},
Month = {January},
url = {http://dx.doi.org/10.1038/s41598-023-50595-2},
Abstract = {Chiral perovskite nanoparticles and films are promising for
integration in emerging spintronic and optoelectronic
technologies, yet few design rules exist to guide the
development of chiral material properties. The chemical
space of potential building blocks for these nanostructures
is vast, and the mechanisms through which organic ligands
can impart chirality to the inorganic perovskite lattice are
not well understood. In this work, we investigate how the
properties of chiral ammonium ligands, the most common
organic ligand type used with perovskites, affect the
circular dichroism of strongly quantum confined
CsPbBr<sub>3</sub> nanocrystals. We show that aromatic
ammonium ligands with stronger electron-donating groups lead
to higher-intensity circular dichroism associated with the
lowest-energy excitonic transition of the perovskite
nanocrystal. We argue that this behavior is best explained
by a modulation of the exciton wavefunction overlap between
the nanocrystal and the organic ligand, as the functional
groups on the ligand can shift electron density toward the
organic species-perovskite lattice interface to increase the
imprinting.},
Doi = {10.1038/s41598-023-50595-2},
Key = {fds375353}
}
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