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FindingOct 12, 2021

People’s Preferences for Giving Are Not the Same as for Redistribution

Johanna Mollerstrom, Avner Strulov-Shlain, Dmitry Taubinsky
An online experiment reveals that the desire to engage in voluntary giving decreases significantly with group size, while voting for group-wide redistribution is precisely estimated to not depend on group size; moreover, people’s perception of the size of their reference group is malleable and affects their desire to give.
Topics:  Fiscal Studies
FindingOct 05, 2021

The Anti-Poverty, Targeting, and Labor Supply Effects of the Proposed Child Tax Credit Expansion

Kevin Corinth, Bruce Meyer, Matthew Stadnicki, Derek Wu
Current proposals to expand the Child Tax Credit would reduce employment by 1.5 million people and, as a result, reduce child poverty by only 22%—more than a third lower than estimates that fail to account for employment reductions—and fail to reduce deep child poverty at all.
FindingSep 22, 2021

Misperceptions About Others

Leonardo Bursztyn, David Y. Yang
Misperceptions about others are widespread, asymmetric, much larger when about out-group members, and positively associated with one’s own attitudes; also, experimental treatments to re-calibrate misperceptions generally work as intended.
FindingSep 15, 2021

Systemic Discrimination Among Large US Employers

Patrick M. Kline, Evan Rose, Christopher R. Walters
This new research finds that race and gender discrimination varies dramatically across large employers in the United States and, importantly, such discrimination among employers is detectable.
Topics:  Employment & Wages
FindingSep 01, 2021

The Consumption, Income, and Well-Being of Single Mother Headed Families 25 Years After Welfare Reform

Jeehoon Han, Bruce Meyer, James X. Sullivan
The material circumstances of single mothers improved in the decades following welfare reform, with the consumption of the most disadvantaged single mother headed families—those with low consumption or low education—rising noticeably over time and at a faster rate than those in comparison groups.
Topics:  Economic Mobility & Poverty
FindingAug 25, 2021

Demographics, Wealth, and Global Imbalances in the Twenty-First Century

Adrien Auclert, Hannes Malmberg, Frederic Martenet, Matthew Rognlie
This work challenges existing ideas about the effects of demographic trends and argues that demographics in the future will continue to lead to falling rates of return and rising wealth-to-GDP ratios.
Topics:  Economic Mobility & Poverty
FindingAug 24, 2021

Competition and Selection in Credit Markets

Constantine Yannelis, Anthony Lee Zhang
Counterintuitively, this new research finds that increased competition among lenders may decrease, rather than increase, consumer welfare in subprime credit markets by leading to higher-than-otherwise interest rates.
Topics:  Financial Markets
FindingAug 23, 2021

Contract Labor and Firm Growth in India

Marianne Bertrand, Chang-Tai Hsieh, Nick Tsivanidis
A 1947 worker-protection law that applies only to large firms has long stopped large Indian firms from growing. Since the early 2000s, large Indian firms have grown by relying on contract workers; such workers now account for almost 40% of the labor force of large Indian firms. The use of contract workers have also spurred increases in productivity and job creation among large Indian firms.
Topics:  Employment & Wages