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Survey expectations, learning and inflation dynamics 调查预期、学习和通货膨胀动态
IF 2.4 2区 经济学
European Economic Review Pub Date : 2025-09-30 DOI: 10.1016/j.euroecorev.2025.105118
Yuliya Rychalovska , Sergey Slobodyan , Raf Wouters
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引用次数: 0
Survey expectations, learning and inflation dynamics 调查预期、学习和通货膨胀动态
IF 2.4 2区 经济学
European Economic Review Pub Date : 2025-09-30 DOI: 10.1016/j.euroecorev.2025.105118
Yuliya Rychalovska , Sergey Slobodyan , Raf Wouters
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引用次数: 0
Local labor market dynamics and agglomeration effects 地方劳动力市场动态与集聚效应
IF 2.4 2区 经济学
European Economic Review Pub Date : 2025-09-27 DOI: 10.1016/j.euroecorev.2025.105146
Pierre Deschamps , Guillaume Wilemme
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引用次数: 0
Local labor market dynamics and agglomeration effects 地方劳动力市场动态与集聚效应
IF 2.4 2区 经济学
European Economic Review Pub Date : 2025-09-27 DOI: 10.1016/j.euroecorev.2025.105146
Pierre Deschamps , Guillaume Wilemme
{"title":"Local labor market dynamics and agglomeration effects","authors":"Pierre Deschamps ,&nbsp;Guillaume Wilemme","doi":"10.1016/j.euroecorev.2025.105146","DOIUrl":"10.1016/j.euroecorev.2025.105146","url":null,"abstract":"<div><div>Local labor market conditions are strongly persistent. Using a search-and-matching model with agglomeration effects and worker and firm migration, we study the transitional dynamics of a regional economy. The model is fitted to mimic local labor market dynamics using state-level U.S. time series. Agglomeration economies generate strong persistence in the employment level response to a labor demand shock, while agglomeration diseconomies dampen the shock. The amplification of the local unemployment rate response critically depends on wage rigidity. Short-term place-based policies can help the region since they dampen the impact of the shock on the employment level.</div></div>","PeriodicalId":48389,"journal":{"name":"European Economic Review","volume":"180 ","pages":"Article 105146"},"PeriodicalIF":2.4,"publicationDate":"2025-09-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145222895","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Parental love is not blind: Identifying selection into early school start 父母的爱不是盲目的：识别选择进入早期学校开始
IF 2.4 2区 经济学
European Economic Review Pub Date : 2025-09-20 DOI: 10.1016/j.euroecorev.2025.105145
Ainoa Aparicio Fenoll , Nadia Campaniello , Ignacio Monzón
{"title":"Parental love is not blind: Identifying selection into early school start","authors":"Ainoa Aparicio Fenoll ,&nbsp;Nadia Campaniello ,&nbsp;Ignacio Monzón","doi":"10.1016/j.euroecorev.2025.105145","DOIUrl":"10.1016/j.euroecorev.2025.105145","url":null,"abstract":"<div><div>Do parents take into account their children’s ability when deciding on their education? If so, are parents’ perceptions accurate? We study this by analyzing a key educational decision. Parents choose whether their children start elementary school one year early. Do they select high-ability children to start early? We propose a novel methodology to identify the sign and strength of selection into early starting. We find robust evidence of positive selection. Had they started regularly, early starters would have obtained test scores 0.2 standard deviations higher than the average student. We also estimate the effect of early starting on test scores and find that the effect is heterogeneous.</div></div>","PeriodicalId":48389,"journal":{"name":"European Economic Review","volume":"180 ","pages":"Article 105145"},"PeriodicalIF":2.4,"publicationDate":"2025-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145120264","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
What explains preferences for redistribution? Evidence from an international survey 如何解释再分配的偏好？证据来自一项国际调查
IF 2.4 2区 经济学
European Economic Review Pub Date : 2025-09-20 DOI: 10.1016/j.euroecorev.2025.105150
Julien Bonnet , Emanuele Ciani , Gianluca Grimalda , Fabrice Murtin , David Pipke
{"title":"What explains preferences for redistribution? Evidence from an international survey","authors":"Julien Bonnet ,&nbsp;Emanuele Ciani ,&nbsp;Gianluca Grimalda ,&nbsp;Fabrice Murtin ,&nbsp;David Pipke","doi":"10.1016/j.euroecorev.2025.105150","DOIUrl":"10.1016/j.euroecorev.2025.105150","url":null,"abstract":"<div><div>Income redistribution differs widely across countries. Several theories have been developed to account for such differences. However, we know little about their relative importance. This paper fills this gap, contrasting the main theories of preferences for redistribution in a unified empirical framework. We implement standardized hypothetical choices of income redistribution in nationally representative samples of Germany, Italy, Japan, Slovenia, the UK, and the US. We find that the beliefs in fair opportunities for upward mobility are the strongest predictor of demand for redistribution. Surprisingly, higher trust in government correlates with a lower demand. The perception of immigrants as a threat to society also significantly reduces preferences for redistribution, whereas other factors, such as self-interest, social capital, and incentivized measures of pro-sociality, play lesser roles. We uncover significant cross-country heterogeneity; for instance, beliefs in fair opportunities strongly influence redistribution preferences in the US, UK, and Germany, but are less impactful elsewhere. Our findings reveal limited variability in how theoretical factors relate to redistribution preferences across socio-demographic groups, with notable exceptions. Attitudes towards immigrants have a stronger influence on redistribution preferences among non-right-wing respondents in the US and Germany. Contrary to previous research, beliefs in fair opportunities show no significant differences by political orientation, indicating a widely accepted, ideologically neutral view of fairness.</div></div>","PeriodicalId":48389,"journal":{"name":"European Economic Review","volume":"180 ","pages":"Article 105150"},"PeriodicalIF":2.4,"publicationDate":"2025-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145222893","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Parental love is not blind: Identifying selection into early school start 父母的爱不是盲目的：识别选择进入早期学校开始
IF 2.4 2区 经济学
European Economic Review Pub Date : 2025-09-20 DOI: 10.1016/j.euroecorev.2025.105145
Ainoa Aparicio Fenoll , Nadia Campaniello , Ignacio Monzón
{"title":"Parental love is not blind: Identifying selection into early school start","authors":"Ainoa Aparicio Fenoll ,&nbsp;Nadia Campaniello ,&nbsp;Ignacio Monzón","doi":"10.1016/j.euroecorev.2025.105145","DOIUrl":"10.1016/j.euroecorev.2025.105145","url":null,"abstract":"<div><div>Do parents take into account their children’s ability when deciding on their education? If so, are parents’ perceptions accurate? We study this by analyzing a key educational decision. Parents choose whether their children start elementary school one year early. Do they select high-ability children to start early? We propose a novel methodology to identify the sign and strength of selection into early starting. We find robust evidence of positive selection. Had they started regularly, early starters would have obtained test scores 0.2 standard deviations higher than the average student. We also estimate the effect of early starting on test scores and find that the effect is heterogeneous.</div></div>","PeriodicalId":48389,"journal":{"name":"European Economic Review","volume":"180 ","pages":"Article 105145"},"PeriodicalIF":2.4,"publicationDate":"2025-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145120265","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
What explains preferences for redistribution? Evidence from an international survey 如何解释再分配的偏好？证据来自一项国际调查
IF 2.4 2区 经济学
European Economic Review Pub Date : 2025-09-20 DOI: 10.1016/j.euroecorev.2025.105150
Julien Bonnet , Emanuele Ciani , Gianluca Grimalda , Fabrice Murtin , David Pipke
{"title":"What explains preferences for redistribution? Evidence from an international survey","authors":"Julien Bonnet ,&nbsp;Emanuele Ciani ,&nbsp;Gianluca Grimalda ,&nbsp;Fabrice Murtin ,&nbsp;David Pipke","doi":"10.1016/j.euroecorev.2025.105150","DOIUrl":"10.1016/j.euroecorev.2025.105150","url":null,"abstract":"<div><div>Income redistribution differs widely across countries. Several theories have been developed to account for such differences. However, we know little about their relative importance. This paper fills this gap, contrasting the main theories of preferences for redistribution in a unified empirical framework. We implement standardized hypothetical choices of income redistribution in nationally representative samples of Germany, Italy, Japan, Slovenia, the UK, and the US. We find that the beliefs in fair opportunities for upward mobility are the strongest predictor of demand for redistribution. Surprisingly, higher trust in government correlates with a lower demand. The perception of immigrants as a threat to society also significantly reduces preferences for redistribution, whereas other factors, such as self-interest, social capital, and incentivized measures of pro-sociality, play lesser roles. We uncover significant cross-country heterogeneity; for instance, beliefs in fair opportunities strongly influence redistribution preferences in the US, UK, and Germany, but are less impactful elsewhere. Our findings reveal limited variability in how theoretical factors relate to redistribution preferences across socio-demographic groups, with notable exceptions. Attitudes towards immigrants have a stronger influence on redistribution preferences among non-right-wing respondents in the US and Germany. Contrary to previous research, beliefs in fair opportunities show no significant differences by political orientation, indicating a widely accepted, ideologically neutral view of fairness.</div></div>","PeriodicalId":48389,"journal":{"name":"European Economic Review","volume":"180 ","pages":"Article 105150"},"PeriodicalIF":2.4,"publicationDate":"2025-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145222894","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The role of diagnostic ability in markets for expert services 诊断能力在专家服务市场中的作用
IF 2.4 2区 经济学
European Economic Review Pub Date : 2025-09-18 DOI: 10.1016/j.euroecorev.2025.105126
Fang Liu , Alexander Rasch , Marco A. Schwarz , Christian Waibel
{"title":"The role of diagnostic ability in markets for expert services","authors":"Fang Liu ,&nbsp;Alexander Rasch ,&nbsp;Marco A. Schwarz ,&nbsp;Christian Waibel","doi":"10.1016/j.euroecorev.2025.105126","DOIUrl":"10.1016/j.euroecorev.2025.105126","url":null,"abstract":"<div><div>In credence goods markets, experts have better information about the appropriate quality of treatment than their customers. They may then exploit their informational advantage by defrauding customers. Market institutions have been shown theoretically to be effective in mitigating fraudulent expert behavior. We analyze whether this positive result carries over to a situation in which experts are heterogeneous in their diagnostic abilities. We find that efficient market outcomes are always possible. Inefficient equilibria, however, can also exist. If, in equilibrium, experts provide diagnosis-independent treatments, an increase in the experts’ ability or in the probability of high-ability experts might not improve market efficiency.</div></div>","PeriodicalId":48389,"journal":{"name":"European Economic Review","volume":"180 ","pages":"Article 105126"},"PeriodicalIF":2.4,"publicationDate":"2025-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145159982","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The role of diagnostic ability in markets for expert services 诊断能力在专家服务市场中的作用
IF 2.4 2区 经济学
European Economic Review Pub Date : 2025-09-18 DOI: 10.1016/j.euroecorev.2025.105126
Fang Liu , Alexander Rasch , Marco A. Schwarz , Christian Waibel
{"title":"The role of diagnostic ability in markets for expert services","authors":"Fang Liu ,&nbsp;Alexander Rasch ,&nbsp;Marco A. Schwarz ,&nbsp;Christian Waibel","doi":"10.1016/j.euroecorev.2025.105126","DOIUrl":"10.1016/j.euroecorev.2025.105126","url":null,"abstract":"<div><div>In credence goods markets, experts have better information about the appropriate quality of treatment than their customers. They may then exploit their informational advantage by defrauding customers. Market institutions have been shown theoretically to be effective in mitigating fraudulent expert behavior. We analyze whether this positive result carries over to a situation in which experts are heterogeneous in their diagnostic abilities. We find that efficient market outcomes are always possible. Inefficient equilibria, however, can also exist. If, in equilibrium, experts provide diagnosis-independent treatments, an increase in the experts’ ability or in the probability of high-ability experts might not improve market efficiency.</div></div>","PeriodicalId":48389,"journal":{"name":"European Economic Review","volume":"180 ","pages":"Article 105126"},"PeriodicalIF":2.4,"publicationDate":"2025-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145159916","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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