Monthly Archives: February 2014

Use-it-or-Lose-it Budget Rules

From Jeff Liebman and Neale Mahoney, summarized by NBER’s Laurent Belsie: IT projects that were procured in the last week of the fiscal year were between two and six times more likely to have a lower quality rating. Federal agencies spend an … Continue reading

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Isolated Capital Cities, Accountability and Corruption Evidence from US States

From Filipe Campante  and Quoc-Anh Do: We show that isolated capital cities are robustly associated with greater levels of corruption across US states. In particular, this is the case when we use the variation induced by the exogenous location of a … Continue reading

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From Natural Variation to Optimal Policy? The Importance of Endogenous Peer Group Formation

From Carrell, Sacerdote, and West: We take cohorts of entering freshmen at the United States Air Force Academy and assign half to peer groups designed to maximize the academic performance of the lowest ability students. Our assignment algorithm uses nonlinear … Continue reading

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“Cash on Hand” and Consumption: Evidence from Mortgage Refinancing

From Atif Mian and Amir Sufi: We investigate how house price and interest rate movements affect household spending through mortgage refinancing. Aggregate movements in house prices and interest rates generate sizable mortgage refinancing waves with a large amount of cross-sectional … Continue reading

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US inequality due to assortative marriages | vox

US inequality due to assortative marriages | vox.

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Ukraine: A battle for the future of Europe

From Yuriy Gorodnichenko: Squeezed between European super powers, Ukraine is no stranger to tensions, but it has been a remarkably peaceful country in the modern history. The recent waves of protests and government-sponsored violence moved Ukraine to the brink of … Continue reading

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Technology and Wages, the Analytics (Wonkish) – NYTimes.com

Technology and Wages, the Analytics (Wonkish) – NYTimes.com.

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