Pre-production Papers

The following papers, listed alphabetically by the first author's last name, have been accepted for publication in JEEA, and can be downloaded in in the EEA membership log in area. 

14 April 2020

Ambiguity, Monetary Policy and Trend Inflation

Riccardo M. Masolo, Francesca Monti

Allowing for ambiguity about the behavior of the policymaker in a simple New-Keynesian model gives rise to wedges between long-run ination expectations, trend ination, and the ination target.

20 May 2020

Choosing Ethnicity: The Interplay Between Individual and Social Motives

Ruixue Jia, Torsten Persson

This paper studies how material incentives and social norms shape ethnic identity choices in China. Provincial policies give material bene ts to minorities, which consequently affect the ethnicity choices for children in ethnically mixed marriages.

26 October 2020

How Do People Choose Between Biased Information Sources Evidence from a Laboratory Experiment

Gary Charness, Ryan Oprea, Sevgi Yuksel

People in our experiment choose between two information sources with opposing biases in order to inform their guesses about a binary state. By varying the nature of the bias, we vary whether it is optimal to consult information sources biased towards or against prior beliefs.

9 June 2020

Macroeconomic Fluctuations with Hank & Sam: An Analytical Approach

Morten O. Ravn, Vincent Sterk

Recently developed HANK models, which combine Heterogeneous Agents and New Keynesian frictions, have had a considerable impact on macroeconomics. However, due to the complexity of such models, the literature has focused on numerically solved models and therefore little is known about their general properties.

20 October 2020

Schumpeter Lecture 2019: Slow Household Deleveraging

Veronica Guerrieri, Guido Lorenzoni, Marta Prato

We use a model of precautionary savings with housing and mortgages to study the effects of a deleveraging shock on consumer spending. We focus on deleveraging caused by a contraction in home values, and compute numerically the partial equilibrium effect of the shock.

23 November 2020

Social Influence in Prosocial Behavior: Evidence from a Large-Scale Experiment

Lorenz Goette, Egon Tripodi

We propose a novel experiment that prevents social learning, thus allowing us to disentangle the underlying mechanisms of social influence. Subjects observe their peer’s incentives, but not their behavior.

18 November 2020

Social Security, Labor Supply and Health of Older Workers: Quasi-Experimental Evidence from a Large Reform

Itay Saporta-Eksten, Ity Shurtz, Sarit Weisburd

We study the effects of public pension systems on the retirement timing of older workers and, in turn, the health consequences of delaying retirement by those workers.

28 February 2020

Sources of Uncertainty and Subjective Prices

Veronica Cappelli, Simone Cerreia-Vioglio, Fabio Maccheroni, Massimo Marinacci, Stefania Minardi

We develop a general framework to study source-dependent preferences in economic contexts. We behaviorally identify two key features.

18 November 2020

The Human Capital Legacy of a Trade Embargo

Abhishek Chakravarty, Matthias Parey, Greg C. Wright

We estimate the effects of in-utero exposure to a trade embargo on survival and human capital in an import-dependent developing country.