Lightnews — Scholar-powered news

Journal of Public Economics @jpube.bsky.social · 28d

The authors show that sanctions imposed by Ukraine on Donbas in 2014 were undone by entrepot trade through Russia, while Ukraine was forced to import coal from Russia to keep its factories running, highlighting the challenges to embargoes created by market power and non-participants.

2 2

Journal of Public Economics @jpube.bsky.social · 28d

Just published in @jpube.bsky.social:

"The undoing of economic sanctions: Evidence from the Russia–Ukraine conflict"

By @rfisman.bsky.social, Giovanna Marcolongo, & Meng Wu

www.sciencedirect.com/science/arti...

#econsky #publiceconomics

1 4 7

Journal of Public Economics @jpube.bsky.social · 28d

Author shows that in a model in which workers differ in skill and preferences for status, high-skill workers with strong status concerns match with status-indifferent low-skill workers.

If these are rare, they can earn above average wages & benefit from skill-biased tech change.

Journal of Public Economics @jpube.bsky.social · 28d

Just published in @jpube.bsky.social

"The pond dilemma with heterogeneous relative concerns"

By @pawelgola.com

www.sciencedirect.com/science/arti...

#econsky #publiceconomics

1 3

Journal of Public Economics @jpube.bsky.social · 29d

The authors ran a large-scale field experiment on unclaimed property.

Simple mailed letters boosted claims by 4.2 pts—a 400% increase. Hispanic owners claimed less & responded less than White owners.

The effects lasted a year, showing new (not just faster) claims.

3

Journal of Public Economics @jpube.bsky.social · 29d

Just published in @jpube.bsky.social:

"Frictions in recovering unclaimed property: Evidence from a large-scale natural field experiment"

By Alejandro Zentner & Justin Holz

www.sciencedirect.com/science/arti...

#econsky #publiceconomics

1 3 15

Journal of Public Economics @jpube.bsky.social · 29d

Authors find that China’s anti-corruption drive reshaped land sales: officials, fearing scrutiny, sold less to private developers and more to State-Owned-Enterprises (SOEs).

The campaign—meant to curb corruption—may have unintentionally fueled a resurgence of SOEs.

4

Journal of Public Economics @jpube.bsky.social · 29d

Just published in @jpube.bsky.social

"Corruption stereotype and the unintended consequences of an anti-corruption campaign: evidence from the real estate sector in China"

By Hanming Fang & Rongjie Zhang

www.sciencedirect.com/science/arti...

#econsky #publiceconomics

1 6

Journal of Public Economics @jpube.bsky.social · 29d

How does risk aversion change Weitzman’s (1974) price vs quantity result?

Schlee shows that welfare (via certainty equivalents) can be higher under fixed prices—even with arbitrarily high risk aversion. The key: benefit uncertainty, not in Weitzman.

Journal of Public Economics @jpube.bsky.social · 29d

Just published in @jpube.bsky.social:

"Prices vs quantities with risk aversion"

By Edward E. Schlee

www.sciencedirect.com/science/arti...

#econsky #publiceconomics

1 4

Journal of Public Economics @jpube.bsky.social · 29d

Private firms account for nearly half of US sales & profits, yet hard to value.

Using transaction data, the authors estimate private business wealth at $14.1T in 2018—2× official stats.

Partnership wealth alone is ~6× larger than reported.

1 3

Journal of Public Economics @jpube.bsky.social · 29d

Just published in @jpube.bsky.social:

"The value of private business in the United States"

By Richard Cole Campbell & Jacob A. Robbins

www.sciencedirect.com/science/arti...

#econsky #publiceconomics

1 4

Journal of Public Economics @jpube.bsky.social · Aug 25

Using social media data, the authors found that anti-Chinese discrimination in the U.S. spiked after COVID-19 and Trump’s “Chinese virus” tweet.

In response, Chinese Americans asserted their Americanness more and distanced themselves from the CCP.

1

Journal of Public Economics @jpube.bsky.social · Aug 25

Just published in @jpube.bsky.social:

"Discrimination and assimilation: Evidence from anti-Chinese sentiments in the United States"

By Gianandrea Lanzara, Sara Lazzaroni, Paolo Masella, & Mara Squicciarini

www.sciencedirect.com/science/arti...

#econsky #publiceconomics

1 1 5

Journal of Public Economics @jpube.bsky.social · Aug 25

In a driving experiment, the authors show that Black participants predicted a higher chance of receiving a speeding ticket than White participants.

Black participants always drove the same speed but White participants drove slower when there was a racially representative police department.

Journal of Public Economics @jpube.bsky.social · Aug 25

Just published in @jpube.bsky.social:

"Does black and blue matter? An experimental investigation of race, perceptions of police, and legal compliance"

By Mackenzie Alston & Emily Owens

www.sciencedirect.com/science/arti...

#econsky #publiceconomics

1 3

Journal of Public Economics @jpube.bsky.social · Aug 25

Authors show that extortion reduces entrepreneurial entry and increases both exit and economic concentration.

Causal evidence from a franchise in Guatemala shows that security devices like cameras help firms survive by reducing extortion risk and safety concerns, ultimately increasing competition.

1 2 4

Journal of Public Economics @jpube.bsky.social · Aug 25

Just published in @jpube.bsky.social:

"The effects of extortion and security device adoption on entrepreneurial entry and exit: Evidence from Guatemala"

By Alejandro Estefan & Romina Ordoñez

www.sciencedirect.com/science/arti...

#econsky #publiceconomics

1 1 4

Journal of Public Economics @jpube.bsky.social · Aug 25

Authors show that charity auctions face a revenue vs. risk trade-off. Lab & field tests show a “revenue frontier” across formats: all-pay auctions raise average revenue but also risk.

A new framework helps nonprofits choose fundraising methods based on risk tolerance.

2

Journal of Public Economics @jpube.bsky.social · Aug 25

Just published in @jpube.bsky.social:

"Auctions for risk-averse non-profits"

By Jeffrey Carpenter, Joshua Foster, & Peter Hans Matthews

www.sciencedirect.com/science/arti...

#econsky #publiceconomics

1 1 2

Journal of Public Economics @jpube.bsky.social · Aug 25

🇺🇸 Why are U.S. politicians so old?

The authors suggest an important factor: campaign money. The median federal donor is 66 years old, and donors give more to candidates near their age.

Simulations show campaign finance rules could shift the age balance in politics.

5

Journal of Public Economics @jpube.bsky.social · Aug 25

Just published in @jpube.bsky.social:

"Old money: Campaign finance and gerontocracy in the United States"

By @adambonica.bsky.social & @jakemgrumbach.bsky.social

www.sciencedirect.com/science/arti...

#econsky #publiceconomics

2 13 34

Journal of Public Economics @jpube.bsky.social · Aug 25

In India, the authors found that VAT exemptions for small firms don’t shield consumers: prices still rise depending on how easily registered & unregistered goods substitute, supply chain links, and market segregation.

Even buyers at exempt firms end up bearing part of the tax.

1

Journal of Public Economics @jpube.bsky.social · Aug 25

Just published in @jpube.bsky.social:

"VAT incidence in real VAT systems"

By Giacomo Brusco & Tejaswi Velayudhan

www.sciencedirect.com/science/arti...

#econsky #publiceconomics

1 2

Journal of Public Economics @jpube.bsky.social · Aug 25

The authors study how temperature changes affect U.S. migration.

While individual hot or cold years have little impact, counties with longer-term warming trends see fewer in-migrants and more out-migrants.

The authors point to amenity values as a potentially important factor.

3 5