Hazed and Confused: The Effect of Air Pollution on Dementia 4 December 2022 Kelly C. Bishop, Jonathan D. Ketcham, and Nicolai V. KuminoffWe study whether long-term cumulative exposure to airborne small particulate matter (PM2.5) affects the probability that an individual receives a new diagnosis of Alzheimer’s disease or related dementias.
“Since You’re So Rich, You Must Be Really Smart”: Talent, Rent Sharing, and the Finance Wage Premium 4 December 2022 Michael J. Böhm, Daniel Metzger, and Per StrömbergFinancial sector wages have increased extraordinarily over the last decades. We address two potential explanations for this increase: (1) rising demand for talent and (2) firms sharing rents with their employees.
Learning from Neighbors about a Changing State 9 November 2022 Krishna Dasaratha, Benjamin Golub, and Nir HakAgents learn about a changing state using private signals and their neighbors’ past estimates of the state. We present a model in which Bayesian agents in equilibrium use neighbors’ estimates simply by taking weighted sums with time-invariant weights.
REStud Tour 2023 - host venues announcedREStud Tour 2023 – host venues announced 6 November 2022 The 2023 Tour will be hosted by Oxford, Ca’Foscari (Venice) and CEMFI (Madrid).
Robots, Trade, and Luddism: A Sufficient Statistic Approach to Optimal Technology Regulation 30 October 2022 Arnaud Costinot and Ivan WerningTechnological change, from the advent of robots to expanded trade opportunities, creates winners and losers. How should government policy respond?
Editorial BoardNew members of the Editorial Board 28 October 2022 We are delighted to announce that Daniel Gottlileb of LSE and Severine Toussaert of Oxford University will join the Editorial Board of REStud with effect from 1 January 2023.
IQ, Expectations, and Choice 26 October 2022 Francesco D'Acunto, Daniel Hoang, Maritta Paloviita, and Michael WeberWe use administrative and survey-based micro data to study the relationship between cognitive abilities (IQ), the formation of inflation expectations, and the consumption plans of a representative male population.
Optimal Feedback in Contests 23 October 2022 Jeffrey C. Ely, George Georgiadis, Sina Khorasani, and Luis RayoWe obtain optimal dynamic contests for environments where the designer monitors effort through coarse, binary signals—Poisson successes—and aims to elicit maximum effort, ideally in the least amount of time possible, given a fixed prize.
