Price Discrimination and Public Policy in the U.S. College Market 22 July 2022 Ian FillmoreIn the United States, the federal government grants colleges access to a student’s Free Application for Federal Student Aid (FAFSA) which facilitates substantial price discrimination.
When Less is More: Improving Choices in Health Insurance Markets 22 July 2022 Jason Abaluck and Jonathan GruberWe study the impact of changing choice set size on the quality of choices in health insurance markets.
The Missing Profits of Nations 22 July 2022 Thomas Tørsløv, Ludvig Wier and Gabriel ZucmanBy exploiting new macroeconomic data known as foreign affiliates statistics, we show that affiliates of foreign multinational firms are an order of magnitude more profitable than local firms in a number of low-tax countries.
Asset Prices and Unemployment Fluctuations: A Resolution of the Unemployment Volatility Puzzle 15 July 2022 Patrick J. Kehoe, Pierlauro Lopez, Virgiliu Midrigan and Elena PastorinoRecent work has demonstrated that existing solutions of the unemployment volatility puzzle are at odds with the procylicality of the opportunity cost of employment, the cyclicality of wages, and the volatility of risk-free rates.
Consumer Search and Prices in the Automobile Market 13 July 2022 José Luis Moraga-González, Zsolt Sándor and Matthijs R. WildenbeestThis paper develops a discrete choice model of demand with optimal sequential consumer search.
Multinomial logit processes and preference discovery: inside and outside the black box 12 July 2022 Simone Cerreia-Vioglio, Fabio Maccheroni, Massimo Marinacci and Aldo RustichiniWe provide two characterizations, one axiomatic and the other neuro-computational, of the dependence of choice probabilities on deadlines, within the widely used softmax representation
Revealed Price Preference: Theory and Empirical Analysis 1 July 2022 Rahul Deb, Yuichi Kitamura, John K.-H. Quah and Joerg StoyeTo determine the welfare implications of price changes in demand data, we introduce a revealed preference relation over prices.
Hours Constraints, Occupational Choice and Gender: Evidence from Medical Residents 1 July 2022 Melanie WassermanDo the long work hours required by many high-paying professions inhibit the entry of women?
