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Economic Inquiry最新文献

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Inflation targeting, output stabilization, and real indeterminacy in monetary models with an interest rate rule 利率规则货币模型中的通胀目标、产出稳定和实际不确定性
IF 1.7 4区 经济学
Economic Inquiry Pub Date : 2024-07-29 DOI: 10.1111/ecin.13248
Konstantin Platonov
{"title":"Inflation targeting, output stabilization, and real indeterminacy in monetary models with an interest rate rule","authors":"Konstantin Platonov","doi":"10.1111/ecin.13248","DOIUrl":"10.1111/ecin.13248","url":null,"abstract":"<p>Central banks set the nominal interest rate to target inflation and stabilize output. In monetary models, monetary policy affects output directly via the wealth effect. I show that in these models, the response of the central bank to fluctuations in output may induce real indeterminacy even if the Taylor principle is satisfied. I find that the determinacy conditions depend on the interest elasticity of output and generally, the Taylor principle is neither necessary nor sufficient for determinacy. This is in stark contrast with the New Keynesian model where a sufficiently strong policy response to inflation or output usually ensures determinacy.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 4","pages":"1467-1493"},"PeriodicalIF":1.7,"publicationDate":"2024-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.13248","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141869273","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Understanding cultural persistence and change: A replication of Giuliano and Nunn (2021) 了解文化的持久性和变化：复制朱利亚诺和纳恩（2021 年）
IF 1.8 4区 经济学
Economic Inquiry Pub Date : 2024-07-18 DOI: 10.1111/ecin.13242
Simone Bertoli, Melchior Clerc, Jordan Loper, Èric Roca Fernández
{"title":"Understanding cultural persistence and change: A replication of Giuliano and Nunn (2021)","authors":"Simone Bertoli, Melchior Clerc, Jordan Loper, Èric Roca Fernández","doi":"10.1111/ecin.13242","DOIUrl":"https://doi.org/10.1111/ecin.13242","url":null,"abstract":"Giuliano and Nunn (2021) provide econometric evidence that ancestral climatic variability reduces the current importance of tradition. We conduct a “deep reproduction”, comparing the precise descriptions of the individual‐level regressions in their article with the corresponding code. This analysis uncovers several major inconsistencies, also related to the code not included in their replication package. A published <jats:italic>corrigendum</jats:italic> addresses some inconsistencies we had also communicated to the Editor of REStud, but several remain, relating to a substantial portion of the observations. A realignment of the code with the text reveals a more nuanced relationship between ancestral climatic variability and tradition.","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"9 1","pages":""},"PeriodicalIF":1.8,"publicationDate":"2024-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141739383","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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
Favoritism under multiple sources of social pressure 多重社会压力下的偏袒
IF 1.7 4区 经济学
Economic Inquiry Pub Date : 2024-07-15 DOI: 10.1111/ecin.13245
Gábor Békés, Endre Borza, Márton Fleck
{"title":"Favoritism under multiple sources of social pressure","authors":"Gábor Békés,&nbsp;Endre Borza,&nbsp;Márton Fleck","doi":"10.1111/ecin.13245","DOIUrl":"10.1111/ecin.13245","url":null,"abstract":"<p>When social pressure leads to favoritism, policies might aim to reduce the bias by affecting its source. This paper shows that multiple sources may be present and telling them apart is important. We build a novel and granular dataset on European football games and revisit the view that supporting crowds make referees help the host team. We find this bias to remain unchanged even in stadiums closed due to Covid-19. Instead, influential host organizations emerge as the source of social pressure. This has an adverse effect on maintaining the ranking of influential teams and hindering the progress of smaller teams.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 4","pages":"1748-1769"},"PeriodicalIF":1.7,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.13245","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141647000","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Managing migration crises: Evidence from surge facilities and unaccompanied minor children flows 管理移民危机：增援设施和孤身未成年儿童流动的证据
IF 1.7 4区 经济学
Economic Inquiry Pub Date : 2024-07-10 DOI: 10.1111/ecin.13243
Catalina Amuedo-Dorantes, José R. Bucheli, Mary J. Lopez
{"title":"Managing migration crises: Evidence from surge facilities and unaccompanied minor children flows","authors":"Catalina Amuedo-Dorantes,&nbsp;José R. Bucheli,&nbsp;Mary J. Lopez","doi":"10.1111/ecin.13243","DOIUrl":"10.1111/ecin.13243","url":null,"abstract":"<p>Climate change, political turmoil, and economic instability worldwide suggest that managing migration surges will be a permanent challenge for many economies. In response to the record arrival of unaccompanied migrant children at the southern border, the Biden administration used surge facilities to expedite the processing of children. We assess the effectiveness of this strategy and document reductions in the time children spent under government custody. A counterfactual analysis reveals that, in their absence, the average time to reunification would have risen from 37 to 50 days. Migration surges involving unaccompanied children underscore the urgency of identifying efficient and humanitarian strategies.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 4","pages":"1405-1425"},"PeriodicalIF":1.7,"publicationDate":"2024-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141587735","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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
A framework for evaluating reproducibility and replicability in economics 评估经济学再现性和可复制性的框架
IF 1.7 4区 经济学
Economic Inquiry Pub Date : 2024-07-01 DOI: 10.1111/ecin.13244
Anna Dreber, Magnus Johannesson
{"title":"A framework for evaluating reproducibility and replicability in economics","authors":"Anna Dreber,&nbsp;Magnus Johannesson","doi":"10.1111/ecin.13244","DOIUrl":"10.1111/ecin.13244","url":null,"abstract":"<p>We propose a framework for evaluating reproducibility and replicability in economics. Reproducibility is defined as testing if the results of an original study can be reproduced using the same data and replicability is defined as testing if the results of an original study hold in new data. We further divide reproducibility and replicability studies into five types: computational reproducibility, recreate reproducibility, robustness reproducibility, direct replicability and conceptual replicability. In addition to this typology we propose indicators to measure the degree of reproducibility and replicability in both individual studies and for a group of studies.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"63 2","pages":"338-356"},"PeriodicalIF":1.7,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.13244","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141551690","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Evidence on quality spillovers from speed enhancing policies in the workplace 工作场所速度提升政策的质量溢出效应证据
IF 1.7 4区 经济学
Economic Inquiry Pub Date : 2024-07-01 DOI: 10.1111/ecin.13239
Alexandra E. Hill, Timothy K. M. Beatty
{"title":"Evidence on quality spillovers from speed enhancing policies in the workplace","authors":"Alexandra E. Hill,&nbsp;Timothy K. M. Beatty","doi":"10.1111/ecin.13239","DOIUrl":"10.1111/ecin.13239","url":null,"abstract":"<p>Empirical researchers often consider a single determinant of labor productivity: speed. This paper asks whether they are neglecting spillovers on output quality. Using high-frequency data on the speed and quality of strawberry harvesters' work, we offer novel evidence that two distinct workplace policies associated with increases in worker speed lead to similar decreases in the quality of their work. We find that both peer speed and wage changes boost worker speed and lower output quality; 10 percent increases in speed are associated with reductions in quality on the order of 1.5–1.7 percent.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 4","pages":"1520-1538"},"PeriodicalIF":1.7,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.13239","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141551695","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Misinformation, consumer risk perceptions, and markets: The impact of an information shock on vaping and smoking cessation 错误信息、消费者风险认知和市场：信息冲击对吸烟和戒烟的影响
IF 1.7 4区 经济学
Economic Inquiry Pub Date : 2024-06-28 DOI: 10.1111/ecin.13238
Lawrence Jin, Don Kenkel PhD, Michael Lovenheim PhD, Alan Mathios PhD, Hua Wang PhD
{"title":"Misinformation, consumer risk perceptions, and markets: The impact of an information shock on vaping and smoking cessation","authors":"Lawrence Jin,&nbsp;Don Kenkel PhD,&nbsp;Michael Lovenheim PhD,&nbsp;Alan Mathios PhD,&nbsp;Hua Wang PhD","doi":"10.1111/ecin.13238","DOIUrl":"10.1111/ecin.13238","url":null,"abstract":"<p>We study the impact of an information shock created by an outbreak of lung injuries apparently related to e-cigarettes. We use data from multiple sources: surveys of risk perceptions conducted before, during, and after the outbreak; an in-depth survey on risk perceptions and vaping and smoking behavior; and national aggregate time-series sales data. We find that after the outbreak, consumer perceptions of the riskiness of e-cigarettes sharply increased. From our estimated e-cigarette demand models, we conclude that the information shock reduced e-cigarette demand and the use of e-cigarettes for smoking cessation by about 30 percent.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 4","pages":"1652-1678"},"PeriodicalIF":1.7,"publicationDate":"2024-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141551691","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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
Purchases over the SNAP benefit cycle: Evidence from supermarket panel data 在 SNAP 福利周期内的购买情况：超市面板数据提供的证据
IF 1.7 4区 经济学
Economic Inquiry Pub Date : 2024-06-27 DOI: 10.1111/ecin.13241
Katherine Harris-Lagoudakis, Hannah Wich
{"title":"Purchases over the SNAP benefit cycle: Evidence from supermarket panel data","authors":"Katherine Harris-Lagoudakis,&nbsp;Hannah Wich","doi":"10.1111/ecin.13241","DOIUrl":"10.1111/ecin.13241","url":null,"abstract":"<p>This paper investigates the effect of Supplemental Nutrition Assistance Program (SNAP) benefit disbursement on intramonthly household level purchases made from a supermarket retailer. We find that spending, the likelihood of shopping, the bulk expenditure share and the national brand expenditure share increase by $2, 1.5, 2, and 0.6% points, respectively, on the day that SNAP benefits are disbursed. We also compare and contrast estimates that use variation in the indicator for benefit receipt to estimates that utilize variation in the probability of SNAP benefit receipt. We find substantial differences between the two approaches for the outcome of spending.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 4","pages":"1426-1448"},"PeriodicalIF":1.7,"publicationDate":"2024-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.13241","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141551692","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Unhealthy food, regulations, and consumer welfare: The US microwaveable popcorn market 不健康食品、法规和消费者福利：美国微波炉爆米花市场
IF 1.7 4区 经济学
Economic Inquiry Pub Date : 2024-06-24 DOI: 10.1111/ecin.13240
Christoph Bauner, Debi Prasad Mohapatra, Nadia Streletskaya, Emily Wang
{"title":"Unhealthy food, regulations, and consumer welfare: The US microwaveable popcorn market","authors":"Christoph Bauner,&nbsp;Debi Prasad Mohapatra,&nbsp;Nadia Streletskaya,&nbsp;Emily Wang","doi":"10.1111/ecin.13240","DOIUrl":"10.1111/ecin.13240","url":null,"abstract":"<p>Due to significant health concerns, governments across the world have taken measures to regulate dietary trans fat, for example, through bans and ad-valorem taxes. We assess the effectiveness of these two strategies and measure their ensuing welfare implications. We estimate a structural demand and supply model for the microwavable popcorn market using NielsenIQ Homescan data. Applying the recovered consumer preferences and marginal costs, we find a ban and a 35% tax result in similar levels of welfare loss and trans fat reduction. A 10% tax can still significantly reduce trans fat consumption (around 48%), while the associated consumer welfare loss is substantially smaller.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 4","pages":"1558-1578"},"PeriodicalIF":1.7,"publicationDate":"2024-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141551858","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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
An experimental comparison of contributions in collective prevention games and public goods games 集体预防博弈和公共物品博弈中贡献的实验比较
IF 1.7 4区 经济学
Economic Inquiry Pub Date : 2024-06-24 DOI: 10.1111/ecin.13236
Véronique Flambard, Fabrice Le Lec, Rustam Romaniuc
{"title":"An experimental comparison of contributions in collective prevention games and public goods games","authors":"Véronique Flambard,&nbsp;Fabrice Le Lec,&nbsp;Rustam Romaniuc","doi":"10.1111/ecin.13236","DOIUrl":"10.1111/ecin.13236","url":null,"abstract":"<p>In many collective action problems individuals' contributions increase the probability of a collectively favorable event rather than affect the quantity of public goods provided. Such problems, that we refer to as collective prevention games, remain largely unexplored in the literature. We fill this gap by setting up an experiment where subjects' contributions increase the probability of a fixed collective benefit or reduce the probability of a fixed negative externality. Our main result is a substantial increase in cooperation in the probabilistic loss environment compared to the deterministic one. We explore some behavioral mechanisms that could drive this result.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 4","pages":"1598-1617"},"PeriodicalIF":1.7,"publicationDate":"2024-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.13236","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141551693","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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