Economic Inquiry最新文献

This paper investigates the effect of Supplemental Nutrition Assistance Program (SNAP) benefit disbursement on intramonthly household level purchases made from a supermarket retailer. We find that spending, the likelihood of shopping, the bulk expenditure share and the national brand expenditure share increase by $2, 1.5, 2, and 0.6% points, respectively, on the day that SNAP benefits are disbursed. We also compare and contrast estimates that use variation in the indicator for benefit receipt to estimates that utilize variation in the probability of SNAP benefit receipt. We find substantial differences between the two approaches for the outcome of spending.

Due to significant health concerns, governments across the world have taken measures to regulate dietary trans fat, for example, through bans and ad-valorem taxes. We assess the effectiveness of these two strategies and measure their ensuing welfare implications. We estimate a structural demand and supply model for the microwavable popcorn market using NielsenIQ Homescan data. Applying the recovered consumer preferences and marginal costs, we find a ban and a 35% tax result in similar levels of welfare loss and trans fat reduction. A 10% tax can still significantly reduce trans fat consumption (around 48%), while the associated consumer welfare loss is substantially smaller.

In many collective action problems individuals' contributions increase the probability of a collectively favorable event rather than affect the quantity of public goods provided. Such problems, that we refer to as collective prevention games, remain largely unexplored in the literature. We fill this gap by setting up an experiment where subjects' contributions increase the probability of a fixed collective benefit or reduce the probability of a fixed negative externality. Our main result is a substantial increase in cooperation in the probabilistic loss environment compared to the deterministic one. We explore some behavioral mechanisms that could drive this result.

Lockdown restrictions reduce the spread of COVID-19 but disrupt livelihoods and lifestyles that can induce harmful behavior changes, including problematic lockdown drinking fueled by cheap alcohol. Exploiting differences amongst the four constituent countries of the United Kingdom, we use triple difference analysis on alcohol retail sales to examine the efficacy of minimum unit pricing as a price control device to help curb excessive consumption in a pandemic setting. We find the policy is remarkably effective and well-targeted in reducing demand for cheap alcohol, with minimal spillover effects, and consumers overall buying and spending less.

Identifying the causal impact of immigration on outcomes commonly involves using a “shift-share” or Bartik instrument, exploiting country-specific immigration inflows (shifts) and location specific prior shares for the same countries. New findings suggest that identifying variation may come not from the shifts, as previously believed, but rather from the shares. In this paper, I first replicate Hunt and Gauthier-Loiselle (HGL) who find skilled immigration increases innovation, and second employ new tests from the shift-share literature. I find that the results of HGL replicate and hold up well to these new tests.

This paper examines how recreational marijuana legalization (RML) affects first-time college enrollment in the US using a unique college-level dataset and various estimation methods such as difference-in-differences and event study. I find that RML increases enrollments by approximately up to 9%, without compromising degree completion or graduation rate, and it boosts college competitiveness by offering a positive amenity, as evidenced by the rise in out-of-state enrollments relative to neighboring states. In addition, I find no evidence that RML affects college prices, quality, or in-state enrollment. This effect is stronger for non-selective public colleges in early-adopting RML states.

This analysis examines the impact of new stadiums on consumer demand for sports spectatorship in the four major US-based professional sports leagues. Estimates from difference-in-differences event studies identify a transitory attendance shock from new venues that diminishes to pre-stadium-treatment levels within a decade. The updated estimates confirm the existence of the novelty effect in modern facilities and identify subtle differences in magnitude, certainty, and duration across leagues. Revenue estimates indicate that the substantial financial returns from constructing new stadiums likely incentivize the premature replacement of host venues when combined with typical public subsidy levels.

We study how education affects Black and White youth employment in the context of No Pass, No Drive (NPND) policies, which require that teens attend school to hold drivers' licenses. Using difference-in-differences estimation, we find that NPND policies increase Black teen employment by 6.7 p.p. without affecting labor force participation (LFP), while reducing White teen employment and LFP by 8.3 p.p. and 5.9 p.p., respectively. We find similar, but smaller effects for Black and White adults ages 18–25. By increasing school enrollment, NPND policies cause White youths to exit the labor force, increasing labor market tightness and improving job finding for Black youths.

Rottenberg argued that the reassignment of negotiating rights from owners to players, that would accompany free agency in professional sports, would have little impact on locational or market outcomes. Empirical investigations into such reassignment have produced mixed results. The present paper examines the impact such reassignment had on professional sports athletes' career length. By examining the univariate time series and panel data behavior of Major League Baseball players' average tenure and retention rates, we find that the increased negotiating power associated with the advent of free agency had the impact of shortening average player career length.

Over the last 20 years, nearly all states have adopted Perinatal Quality Collaboratives (PQCs), which set guidelines for hospitals to provide higher standards of prenatal care. In this paper, I use individual-level natality data from 1989 to 2019 and a stacked difference in differences design comparing maternal and infant health outcomes in US states that have recently established a PQC to those that have not yet established one. Estimates indicate that PQCs decrease eclampsia, with the effect driven by Black mothers. Evidence also shows that PQCs reduce intensive care unit admissions for mothers.