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. 

20 June 2022

Habit Formation and the Misallocation of Labor: Evidence from Forced Migrations

Matti Sarvimäki, Roope Uusitalo, Markus Jäntti

We use a research design created by forced migrations to examine the costs and benefits of leaving agriculture in mid-20th century Finland. After World War II, 11% of the Finnish population were resettled from areas ceded to the Soviet Union. Entire rural communities were moved to locations that resembled the origin areas, and displaced farmers were given land and assistance to establish new farms. Despite this policy of reconstructing the pre-war situation, forced migration increased the likelihood of switching to non-agricultural jobs and moving to urban areas.

14 June 2022

Intergovernmental Conflict and Censorship: Evidence from China's Anti-Corruption Campaign

Maiting Zhuang

I study how local Chinese newspapers report on the national anti-corruption campaign, by collecting a large-scale dataset of newspaper articles, internet searches and comments on social media. Despite greater reader interest, local newspapers underreport and deemphasise corruption scandals involving high-level officials from their own province. Underreporting is greater when a corrupt official is well connected and a newspaper does not rely on advertising revenue.

10 June 2022

Monetary Policy and Sovereign Debt Sustainability

Samuel Hurtado, 
Galo Nuño, 
Carlos Thomas

We analyze the consequences of monetary policy for sovereign debt sustainability and welfare, in a model of a small open economy where the government issues long-term nominal debt without commitment not to default on it or erode its real value through (costly) inflation. Inflation is a form of partial default, one that is more state-contingent than outright default. This reduces the government’s incentives to default outright and hence enlarges the repayment region, compared to a regime in which debt cannot be inflated away.

6 May 2022

On Risk and Time Pressure: When to Think and When to Do

Christoph Carnehl, Johannes Schneider

We study the tradeoff between fundamental risk and time. A time-constrained agent has to solve a problem. She dynamically allocates effort between implementing a risky initial idea and exploring alternatives. Discovering an alternative implies progress that has to be converted to a solution. As time runs out, the chances of converting it in time shrink.

5 October 2021

Organizing Competition for the Market

Elisabetta Iossa, 
Patrick Rey, 
Michael Waterson

We study competition for the market in a setting where incumbents (and, to a lesser extent, neighbouring incumbents) benefit from a cost or information advantage. We first compare the outcome of staggered and synchronous tenders, before drawing the implications for market design. We find the timing of tenders interrelates with the likelihood of monopolisation.

10 March 2021

The Adjustment of Labor Markets to Robots

Wolfgang Dauth, Sebastian Findeisen, Jens Suedekum, Nicole Woessner

We use detailed administrative data to study the adjustment of local labor markets to industrial robots in Germany. Robot exposure, as predicted by a shift-share variable, is associated with displacement effects in manufacturing, but those are fully offset by new jobs in services.

5 March 2021

The Impact of the First Professional Police Forces on Crime

Anna Bindler, Randi Hjalmarsson

This paper evaluates the effect on crime of creating a fundamental modern-day institution: centralized professional police forces tasked with preventing crime. We study the 1829 formation of the London Metropolitan Police – the first professional force worldwide.