CEPR Discussion Paper Series最新文献_第2页

On the (Ir)Relevance of Firm Size for Bail-Outs Under Voter-Neutrality: The Case of Foreign Stakeholders 论选民中立条件下企业规模与救助的相关性:以外国利益相关者为例

CEPR Discussion Paper Series Pub Date : 2020-12-01 DOI: 10.2139/ssrn.3731110

L. Schilling

引用次数: 1

Pricing Currency Risks 汇率风险定价

CEPR Discussion Paper Series Pub Date : 2020-12-01 DOI: 10.3386/w28260

Mikhail Chernov, Magnus Dahlquist, Lars Lochstoer

引用次数: 5

Optimally Controlling an Epidemic 最佳控制流行病

CEPR Discussion Paper Series Pub Date : 2020-12-01 DOI: 10.2139/ssrn.3751860

Martín Gonzalez-Eiras, Dirk Niepelt

引用次数: 6

Anxiety Increases the Willingness to Be Exposed to COVID-19 Risk Among Young Adults in France 焦虑增加了法国年轻人接触COVID-19风险的意愿

CEPR Discussion Paper Series Pub Date : 2020-11-10 DOI: 10.21203/rs.3.rs-105842/v2

Fabrice Etilé, P. Geoffard

{"title":"Anxiety Increases the Willingness to Be Exposed to COVID-19 Risk Among Young Adults in France","authors":"Fabrice Etilé, P. Geoffard","doi":"10.21203/rs.3.rs-105842/v2","DOIUrl":"https://doi.org/10.21203/rs.3.rs-105842/v2","url":null,"abstract":"\u0000 The COVID-19 outbreak has generated significant uncertainty about the future, especially for young adults. Health and economic threats, as well as more diffuse concerns about the consequences of COVID-19, can trigger feelings of anxiety, leading individuals to adopt uncertainty-reducing behaviours. We tested whether anxiety was associated with an increase in willingness to be exposed to the risk of COVID-19 infection (WiRE) using an online survey administered to 3,110 French individuals aged between 18 and 35 years old during the lockdown period (April 2020). Overall, 56.5% of the sample declared a positive WiRE. Unemployment was associated with a higher WiRE (+8.2 percentage points (pp); 95% CI +0.9-15.4 pp). One standard deviation increases in income (+1160€) and psychological state anxiety raised the WiRE by +2.7 pp (95% CI: +1.1-4.4 pp) and +3.9 pp (95% CI: +1.6-6.2 pp),respectively. A one standard deviation increase in perceived hospitalisation risk was associated with a -4.1 pp (95% CI: -6.2-2.1 pp) decrease in the WiRE. Overall, our results suggest that both the prospect of economic losses and psychological anxiety can undermine young adults’ adherence to physical distancing recommendations. Public policies targeting young adults must consider both their economic situation and their mental health, and they must use uncertaintyreducing communication strategies.","PeriodicalId":121231,"journal":{"name":"CEPR Discussion Paper Series","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124921010","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Asymmetric Information, Strategic Transfers, and the Design of Long-Term Care Policies 信息不对称、战略转移和长期护理政策的设计

CEPR Discussion Paper Series Pub Date : 2020-11-01 DOI: 10.2139/ssrn.3728419

C. Canta, H. Cremer

{"title":"Asymmetric Information, Strategic Transfers, and the Design of Long-Term Care Policies","authors":"C. Canta, H. Cremer","doi":"10.2139/ssrn.3728419","DOIUrl":"https://doi.org/10.2139/ssrn.3728419","url":null,"abstract":"We study the design of social long-term care (LTC) insurance when informal care is exchange-based. Parents do not observe their children's cost of providing care, which is continuously distributed over some interval. They choose a rule specifying transfers that are conditional on the level of informal care. Social LTC insurance is designed to maximize a weighted sum of parents' and children's utility. The optimal uniform public LTC insurance can fully cover the risk of dependence but parents continue to bear the risk of having children with a high cost of providing care. A nonlinear policy conditioning LTC benefits on transfers provides full insurance even for this risk. Informal care increases with the children's welfare weight. Our theoretical analysis is completed by numerical solutions based on a calibrated example. In the uniform case, public care should represent up to 40% of total care but its share decreases to about 30% as the weight of children increases. In the nonlinear case, public care increases with the children's cost of providing care at a faster rate when children's weight in social welfare is higher. It represents 100% of total care for the families with high-cost children.","PeriodicalId":121231,"journal":{"name":"CEPR Discussion Paper Series","volume":"43 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117231473","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Mediating Conflict in the Lab 调解实验室中的冲突

CEPR Discussion Paper Series Pub Date : 2020-11-01 DOI: 10.3386/w28137

A. Casella, Evan Friedman, Manuel Perez Archila

{"title":"Mediating Conflict in the Lab","authors":"A. Casella, Evan Friedman, Manuel Perez Archila","doi":"10.3386/w28137","DOIUrl":"https://doi.org/10.3386/w28137","url":null,"abstract":"Mechanism design teaches us that a mediator can strictly improve the chances of peace between two opponents even when the mediator has no independent resources, is less informed than the two parties, and has no enforcement power. We test the theory in a lab experiment where two subjects negotiate how to share a resource; in case of conflict, the subjects' privately known strength determines their payoffs. The subjects send cheap talk messages about their strength to one another (in the treatment with direct communication) or to the mediator (in the mediation treatment), before making their demands or receiving the mediator's recommendations. We find that, in line with the theory, messages are significantly more sincere when sent to the mediator. However, contrary to the theory, peaceful resolution is not more frequent, even when the mediator is a computer implementing the optimal mediation program. While the theoretical result refers to the best (i.e. most peaceful) equilibrium under mediation, multiple equilibria exist, and the best equilibrium is particularly vulnerable to small deviations from full truthfulness. Subjects are not erratic and their deviations induce only small losses in payoffs, and yet they translate into significant increases in conflict.","PeriodicalId":121231,"journal":{"name":"CEPR Discussion Paper Series","volume":"57 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129502038","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Storing Power: Market Structure Matters 存储电力:市场结构问题

CEPR Discussion Paper Series Pub Date : 2020-11-01 DOI: 10.1111/1756-2171.12429

David Andrés-Cerezo, Natalia Fabra

引用次数: 12

The Stability and Predictive Power of Financial Literacy: Evidence from Longitudinal Data 金融素养的稳定性和预测能力:来自纵向数据的证据

CEPR Discussion Paper Series Pub Date : 2020-11-01 DOI: 10.3386/w28125

M. Angrisani, Jeremy Burke, A. Lusardi, Gary Mottola

引用次数: 7

Search, Showrooming, and Retailer Variety 搜索，展厅，和零售商的多样性

CEPR Discussion Paper Series Pub Date : 2020-11-01 DOI: 10.1287/mksc.2022.1376

Heski Bar-Isaac, Sandro Shelegia