IZA - All published DPs

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No. Author(s) Title JEL Class.
15278 Chandan Jain
Shagun Kashyap
Rahul Lahoti
Soham Sahoo
Do Educated Leaders Affect Economic Development? Evidence from India
Although formal education is often considered an indicator of political leaders' quality, the evidence on the effectiveness of educated leaders is mixed. Besides, minimum education qualifications are ...
(published as 'The impact of educated leaders on economic development: Evidence from India' in: Journal of Comparative Economics, 2023, 51 (3), 1068-1093)
D72, H11, H41, O40
15277 Patrick Balles
Ulrich Matter
Alois Stutzer
Television Market Size and Political Accountability in the US House of Representatives
This paper examines the role of local TV market structure in US congressional politics, exploiting variation in the overlaps of political markets and TV markets. Local TV stations are hypothesized to ...
(revised version published in: European Journal of Political Economy, 2023, 80, 102459)
D72, L82
15276 Marco Francesconi
Jonathan James
Alcohol Price Floors and Externalities: The Case of Fatal Road Crashes
In May 2018, Scotland introduced a minimum unit price on alcohol. We examine the impact of this policy on traffic fatalities and drunk driving accidents. Using administrative data on the universe of ...
(published in: Journal of Policy Analysis and Management, 2022, 41 (4), 1118 - 1156)
D12, D62, H23, K42, R41
15275 David Gill
Victoria L. Prowse
Strategic Complexity and the Value of Thinking
Response times are a simple low-cost indicator of the process of reasoning in strategic games. In this paper, we leverage the dynamic nature of response-time data from repeated strategic interactions ...
(published in: Economic Journal, 2023, 133 (650), 761–786,)
C72, C91
15274 Jens Olav Dahlgaard
Nicolai Kristensen
Frederik Kjøller Larsen
Reward or Punishment? The Distribution of Life-Cycle Returns to Political Office
How political office is remunerated will affect who decides to engage in politics. Even if average returns to office are positive, as unilaterally found in the literature, some office holders' ...
(published online in: Political Science Research and Methods, 06 January 2025 )
J33, J4
15272 Hippolyte D'Albis
Karina Doorley
Elena G. F. Stancanelli
Older Mothers' Employment and Marriage Stability When the Nest Is Empty
A significant literature in the social sciences addresses the impact of child-bearing and rearing on marital stability and on mothers' labour market outcomes. Much less is known about older mothers' ...
(published in: Molina, J.A. (eds), Mothers in the Labor Market, Springer, 2022, 247 - 269)
J12, J14, J22
15271 Pedro Luís Silva
Specialists or All-Rounders: How Best to Select University Students?
This paper studies whether universities should select their students only using specialised subject-specific tests or based on a broader set of skills and knowledge. I show that even if broader ...
(published in: Journal of Human Capital, 2024, 18 (2), 227–271)
I23, I24, I28, J24
15268 Andrew E. Clark
Luis Diaz-Serrano
Do Individuals Adapt to All Types of Housing Transitions?
This paper provides one of the first tests of adaptation to the complete set of residential transitions. We use long-run SOEP panel data and consider the impact of all housing transitions, whether or ...
(published in: Review of Economics of the Household, 2023, 21 (2), 645–672)
D19, R21
15267 Jason M. Lindo
Krishna Regmi
Isaac D. Swensen
Stable Income, Stable Family
We document the effect of unemployment insurance generosity on divorce and fertility using an identification strategy that leverages state-level changes in maximum benefits over time and comparisons ...
(published in: Review of Economics and Statistics, 2025, 107 (3), 653–667.)
J12, J13, J16, J65, H53, I38
15266 Ali Moghaddasi Kelishomi
Daniel Sgroi
The Relationship between Cognitive Ability and Risk Preferences in a Developing Nation: Findings from the Field
We find a strong relationship between risk-loving preferences and cognitive ability which becomes stronger as adherence to the generalized axiom of revealed preference (a proxy for rationality) ...
(published in: Economics Letters, 2022, 216, 110576)
I11, I12, I18, C93, D03
15260 Marco Caliendo
Daniel Graeber
Alexander S. Kritikos
Johannes Seebauer
Pandemic Depression: COVID-19 and the Mental Health of the Self-Employed
We investigate the effect of the COVID-19 pandemic on self-employed people's mental health. Using representative longitudinal survey data from Germany, we reveal differential effects by gender: ...
(published in: Entrepreneurship Theory and Practice, 2023, 47(3), 788–830)
L26, D31, I14, I18, J16
15259 Nishith Prakash
Soham Sahoo
Deepak Saraswat
Reetika Sindhi
When Criminality Begets Crime: The Role of Elected Politicians in India
This paper estimates the causal impact of electing criminally accused politicians and their nature of criminality on crime in India. We exploit the quasi-random variation in the outcome of close ...
(published online in: Journal of Law Economics and Organization, 30 August 2024)
D72, D73, K42, O17
15257 Xiaoyue Shan
Ulf Zölitz
Peers Affect Personality Development
Do the people around us influence our personality? To answer this question, we conduct an experiment with 543 university students who we randomly assign to study groups. Our results show that ...
(published online in: Review of Economics and Statistics, 28 January 2025)
I21, I24, J24
15255 Bill Dupor
Marios Karabarbounis
Marianna Kudlyak
M. Saif Mehkari
Regional Consumption Responses and the Aggregate Fiscal Multiplier
We use regional variation in the American Recovery and Reinvestment Act (2009-2012) to analyze the effect of government spending on consumer spending. Our consumption data come from household-level ...
(published in: Review of Economic Studies, 2023, 90 (6), 2982–3021, )
E21, E62, H31, H71
15254 Marianna Kudlyak
Murat Tasci
Didem Tüzemen
Minimum Wage Increases and Vacancies
Using a unique data set and a novel identification strategy, we estimate the effect of minimum wage increases on job vacancy postings. Using occupation-specific county- level vacancy data from the ...
(This version: January 2023.)
E24, E32, J30, J41, J63, J64
15253 Alison Preston
Lili Qiu
Robert E. Wright
A Study of the Chinese Gender Gap in Financial Literacy
This paper uses data from the 2015 China Household Financial Survey to analyse the gender gap in financial literacy in China. The sample consists of 36,311 adult respondents. A variety of financial ...
(published as 'Understanding the gender gap in financial literacy: The role of culture' in: Journal of Consumer Affairs, 2024, 58 (1), 146-176)
G53, I22
15250 Alison Preston
Robert E. Wright
Gender, Financial Literacy and Pension Savings
Using micro-data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey this paper examines the relationship between the gender gap in financial literacy and the gender gap in ...
(published in: Economic Record, 2023, 99 (324), 58-83)
H53, J16, J32
15249 Jun Du
Sourafel Girma
Holger Görg
Ignat Stepanok
Who Wins and Who Loses from State Subsidies?
China is perceived to rely on subsidizing firms in targeted industries to improve their performance and stay competitive. We implement an approach that allows for the joint estimation of direct and ...
(published in: Canadian Journal of Economics, 2023, 56 (3), 1007-1031)
H25, H32, L25
15246 Edoardo di Porto
Cristina Tealdi
Heterogeneous Paths to Stability
We investigate how the flexibility of temporary contracts affects the probability of young workers to be upgraded into permanent employment. Theoretically, we explore the workers' career development ...
(published in: Journal of the Royal Statistical Society Series A: Statistics in Society, 2024, 187 (4), 1037–1064)
J41, J63, J64
15242 Henri Bussink
Tobias Vervliet
Bas ter Weel
The Short-Term Effect of the COVID-19 Crisis on Employment Probabilities of Labour-Market Entrants in the Netherlands
This research documents employment opportunities of labour-market entrants during the COVID-19 crisis in the Netherlands. Two recent cohorts of graduates are studied and compared to two pre-COVID-19 ...
(published in: De Economist, 2022, 170 (2), 279-303)
J10, J23, I24
15241 Tymon Sloczynski
Derya Uysal
Jeffrey M. Wooldridge
Abadie's Kappa and Weighting Estimators of the Local Average Treatment Effect
In this paper we study the finite sample and asymptotic properties of various weighting estimators of the local average treatment effect (LATE), several of which are based on Abadie (2003)'s kappa ...
(published in: Journal of Business & Economic Statistics, 2024, 43 (1), 164–177)
C21, C26
15240 Peter Arcidiacono
Josh Kinsler
Tyler Ransom
What the Students for Fair Admissions Cases Reveal about Racial Preferences
Using detailed admissions data made public in the SFFA v. Harvard and SFFA v. UNC cases, we examine how racial preferences for under-represented minorities (URMs) affect their admissions to Harvard ...
(published in: Journal of Political Economy Microeconomics, 2023, 1 (4), 615–668.)
I23, I24, J15
15239 Jinyang Yang
Xi Chen
Grandfathers and Grandsons: Social Security Expansion and Child Health in China
We examine the multigenerational impacts of a nationwide social pension program in China, the New Rural Pension Scheme (NRPS). NRPS was rolled out in full scale since 2012, and rural enrollees over ...
(published in: Economic Development and Cultural Change, 2025, 73 (4), 1881–1921)
H23, H31, H55, I38, J22, O15
15237 Barbara Sadaba
Suncica Vujic
Sofia Maier
Characterizing the Schooling Cycle
This paper develops a novel and tractable empirical approach to estimate the cycle in schooling participation decisions, which we denominate the schooling cycle. The estimation procedure is based on ...
(revised version published in: Economic Modelling , 2024, 132, 106649.)
E3, I2, J2, C32
15235 Sabrine Ferjani
Sami Saafi
Ridha Nouira
Christophe Rault
The Impacts of the Dollar-Renminbi Exchange Rate Misalignment on the China-United States Commodity Trade: An Asymmetric Analysis
Contrary to most existing studies of the literature that assumed that the effects of real exchange rate (RE) misalignment on trade flows are symmetric, this paper considers a more general and ...
(published in: Journal of Quantitative Economics, 2022, 20 (3), 507-554)
F14, F31, C10
15233 Rufei Guo
Junjian Yi
Junsen Zhang
The Child Quantity–Quality Trade-off
This chapter reviews the growing literature on the child quantity–quality (QQ) trade-off. During the transition from the traditional agricultural economy to modern economic growth, household real ...
(published in: Klaus F. Zimmermann (ed.), Handbook of Labor, Human Resources and Population Economics, Springer, 2022 )
D10, J13
15232 Herwig Immervoll
Raphaela Hyee
Rodrigo Fernandez
Jongmi Lee
How Reliable Are Social Safety Nets? Value and Accessibility in Situations of Acute Economic Need
Social protection systems use a range of entitlement criteria. First-tier support typically requires contributions or past employment in many countries, while safety net benefits are granted on the ...
(updated and extended version published as: IZA DP No. 17477, 2024)
H53, H31, D31, I38, C31, C53
15231 Andrea Bassanini
Giulia Bovini
Eve Caroli
Jorge Casanova Ferrando
Federico Cingano
Paolo Falco
Florentino Felgueroso
Marcel Jansen
Pedro S. Martins
António Melo
Michael Oberfichtner
Martin Popp
Labour Market Concentration, Wages and Job Security in Europe
We investigate the impact of labour market concentration on two dimensions of job quality, namely wages and job security. We leverage rich administrative linked employer-employee data from Denmark, ...
(revised version published online in: Journal of Human Resources, July 2025,)
J31, J42, L41
15230 Xavier D'Haultfoeuille
Christophe Gaillac
Arnaud Maurel
Partially Linear Models under Data Combination
We consider the identification of and inference on a partially linear model, when the outcome of interest and some of the covariates are observed in two different datasets that cannot be linked. This ...
(published in: Review of Economic Studies, 2025, 92(1), 238-267)
C14, C21, J62
15229 Brent Meyer
Emil Mihaylov
José María Barrero
Steven J. Davis
David Altig
Nicholas Bloom
Pandemic-Era Uncertainty
We examine several measures of uncertainty to make five points. First, equity market traders and executives at nonfinancial firms have shared similar assessments about one-year-ahead uncertainty ...
(published in: Journal of Risk and Financial Management, 2022, 15 (8), 338)
D80, E22, E32
15228 Rainer Kotschy
David E. Bloom
A Comparative Perspective on Long-Term Care Systems
This paper investigates challenges of aging for long-term care. Our analysis proceeds in three steps. In the first step, we estimate the prospective care demand for 30 developed countries based on ...
(published in: International Social Security Review, 2022, 75 (3-4), 47-69)
JII, I18, I38, H51, H75
15227 Maddalena Ferranna
J.P. Sevilla
Leo Zucker
David E. Bloom
Patterns of Time Use among Older People
We analyze time use studies to describe how people allocate their time as they age, especially among paid work, unpaid work, leisure, and personal care. We emphasize differences in time allocation ...
(published in: David E. Bloom, Alfonso Sousa-Poza and Uwe Sunde (eds.), The Routledge Handbook of the Economics of Ageing, Routledge, London, 2023)
D13, D15, J14, J22
15226 Tony Fang
Na Xiao
Jane Zhu
John Hartley
Employer Attitudes and the Hiring of Immigrants and International Students: Evidence from a Survey of Employers in Canada
What are the perceptions of employers towards hiring immigrants and international students in Atlantic Canada? How are they related to hiring outcomes? Our analysis based on a 2019 random, ...
(published in: Canadian Public Policy, 2022, 48,17-37.)
J23, J61, J63, J68
15225 Jo Blanden
Matthias Doepke
Jan Stuhler
Educational Inequality
This chapter provides new evidence on educational inequality and reviews the literature on the causes and consequences of unequal education. We document large achievement gaps between children from ...
(published in: E. A. Hanushek, S. Machin, L. Woessmann (eds.), Handbook of the Economics of Education, Amsterdam and Oxford, 2023, 6, 405-497)
I21, I24, J62
15224 Matthias Doepke
Anne Hannusch
Fabian Kindermann
Michèle Tertilt
The Economics of Fertility: A New Era
In this survey, we argue that the economic analysis of fertility has entered a new era. First-generation models of fertility choice were designed to account for two empirical regularities that, in ...
(published in: Handbook of the Economics of the Family, 2023, 1 (1), 151-254)
D13, J13, J16
15220 Helge Liebert
Beatrice Mäder
Physicians and the Production of Health: Returns to Health Care during the Mortality Transition
This paper investigates the returns to health care provision during the mortality transition. We construct a new panel data set covering German municipalities from 1928 to 1936. The endogeneity of ...
(published online in: Review of Economics and Statistics, 22 August 2024)
I10, I18, N34
15219 Björn Anders Gustafsson
Yudan Zhang
Incomplete Catching Up: Income among Manchurian, Yi and Han People in Rural China from 2002 to 2018
Household income per capita among the rural Yi, Manchurian ethnic minority groups and the Han majority is studied using data from the China Household Income Project 2002, 2013 and 2018. The disparity ...
(published in: China Quarterly, 2023, 253, 197 - 213. )
H31, J15, P36
15218 Kerstin Unfried
Feicheng Wang
Importing Air Pollution? Evidence from China's Plastic Waste Imports
Plastic waste trade has grown considerably in the last decades and has caused severe environmental problems in recipient countries. As the largest recipient, China has permanently banned the imports ...
(published in: Journal of Environmental Economics and Management, 2024, 125, 102996)
F18, F64, Q53, Q56
15217 Shelly Lundberg
Gender Economics: Dead-Ends and New Opportunities
The economics literature on gender has expanded considerably in recent years, fueled in part by new sources of data, including from experimental studies of gender differences in preferences and other ...
(published in: Research in Labor Economics, 2023, 50, 151-189)
J16
15213 Sandra McNally
Luis Schmidt
Anna Valero
Do Management Practices Matter in Further Education?
Further Education colleges are a key way in which 16-19 year olds acquire skills in the UK (much like US Community Colleges), especially those from low income backgrounds. Yet, little is known about ...
(published in: Economica, 2024, 91 (363), 740-769)
I20, J24
15212 Stefano Castriota
Sandro Rondinella
Mirco Tonin
Does Social Capital Matter? A Study of Hit-and-Run in US Counties
We investigate the relationship between social capital and the decision to flee after a fatal road accident. This event is unplanned, and the decision is taken under great emotional distress and time ...
(published in: Social Science & Medicine, 2023, 329, 116011)
Z13, D91, K42, R41
15208 Resul Cesur
Núria Rodríguez-Planas
Jennifer Louise Roff
David Simon
Domestic Violence and Income: Quasi-Experimental Evidence from the Earned Income Tax Credit
Using Difference-in-Differences models and event-study analysis, we estimate the impact of an exogenous increase in income on the incidence and intensity of intimate partner violence (IPV). Using ...
(forthcoming in: Journal of Law and Economics)
I10, I18, I3
15205 Simon Georges-Kot
Dominique Goux
Eric Maurin
The Value of Leisure Synchronization
This paper explores the extent to which workers are willing to trade hours worked for leisure time shared with their spouse. This parameter is essential to properly assess contemporary trends in the ...
(published in: American Economic Journal: Applied Economics, 2024, 16 (1), 351-76)
J22, D13
15204 Nick Drydakis
Improving Entrepreneurs' Digital Skills and Firms' Digital Competencies through Business Apps Training: A Study of Small Firms
The lack of awareness of digital services and outcomes is a concern in business environments since small firms need to improve their digital competencies. The present exploratory study investigated ...
(published in: Sustainability, 2022, 14 (8), 4417.)
M53, L26, O31, O33
15200 Orkun Saka
Barry Eichengreen
Cevat Giray Aksoy
Epidemic Exposure, Financial Technology, and the Digital Divide
We ask whether epidemic exposure leads to a shift in financial technology usage and who participates in this shift. We exploit a dataset combining Gallup World Polls and Global Findex surveys for ...
(revised version published in: Journal of Money, Credit and Banking, 2022, 54 (7), 1913 - 1940)
G20, G59, I10
15199 Lars Brausewetter
Stephan L. Thomsen
Johannes Trunzer
Explaining Regional Disparities in Housing Prices across German Districts
Over the last decade, German housing prices have increased unprecedentedly. Drawing on quality-adjusted housing price data at the district level, we document large and increasing regional ...
(revised version published as 'Regional Supply and Demand Fundamentals in the German Housing Price Boom' in: German Economic Review, 2024, 25 (1), 1-36. )
R23, R31
15195 Naci Mocan
Eric Osborne-Christenson
In-Group Favoritism and Peer Effects in Wrongful Acquittals: NBA Referees as Judges
We provide the first analysis of racial in-group bias in Type-I and Type-II errors. Using player-referee matched data from NBA games we show that there is no overall racial bias or in-group bias in ...
(published in: Journal of Law and Economics, 2024, 67 (4), 731–766)
K, J71
15194 Cloé Garnache
Øystein Hernaes
Anders Gravir Imenes
Which Households Respond to Electricity Peak Pricing amid High Levels of Electrification?
We examine heterogeneity in Norwegian households' price responses to critical peak pricing (CPP) on electricity consumption, using a large-scale randomized controlled trial (RCT), high-frequency ...
(published as 'Demand-Side Management in Fully Electrified Homes' in: Journal of the Association of Environmental and Resource Economists, 2025, 12 (2), 257–283 )
C93, D12, L94, Q41
15190 Eline Moens
Elsy Verhofstadt
Luc Van Ootegem
Stijn Baert
Disentangling the Attractiveness of Telework to Employees: A Factorial Survey Experiment
This research adds to the literature on the attractiveness of telework to employees. To this end, we set up an innovative factorial survey experiment in which a high-quality sample of employees ...
(published in: International Labour Review, 2024,163 (2), 325 - 348)
J24, J81, J31, J63, I31
15189 Claudio Deiana
Ludovica Giua
Roberto Nistico
Legalization and Long-Term Outcomes of Immigrant Workers
This paper establishes a new fact about immigration policies: legalization has long-term effects on formal employment of undocumented immigrants and their assimilation. We exploit the broad amnesty ...
(published in: Demography, 2025, 62 (3), 811–837.)
J15, J61, K37
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