March 2021
When alleviating financial concerns make workers more attentive and productive
Supreet Kaur, Sendhil Mullainathan, Suanna Oh*, Frank Schilbach
Of all the challenges that poverty presents, one that is gaining increased attention from researchers is that poverty itself can have psychological effects that lead to decreased earning potential. Living in poverty - with the stresses and traumas that such a state causes - can negatively impact a person’s ability to work productively and earn a high wage...
- Short link to this article: https://bit.ly/3s4K8xS
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Informed persuasion: designing robust information disclosure rules
Frédéric Koessler*, Vasiliki Skreta
Any economic decision is determined by the available information, and most times this information is the deliberate outcome of some entity attempting to influence behavior. Politicians control information affecting voters’ sentiments, entrepreneurs filter information revealed to potential investors, and pharmaceuticals run public experiments to prove the efficacy of their treatments...
- Short link to this article: https://bit.ly/3qUAmgu
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Are Your Labor Shares Set in Beijing?
Ariell Reshef*, Gianluca Santoni
The decline in labor shares in recent decades in many advanced economies has caught the attention and concerns of both academics and policy makers. The interest in declining labor shares stems from concerns about its implications for income inequality. Just like labor income, capital income accrues to people, but the ownership of capital...
- Short link to this article: https://bit.ly/30N8gcx
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The sooner the better? Growing anxieties among young people in France increases their likelihood of exposing themselves to COVID-19
Fabrice Etilé*, Pierre-Yves Geoffard*
The second wave of the COVID-19 epidemic in France began among young adults then spread to older groups. The factors that might explain the drop in prevention efforts during this period are varied, but include the objectively low individual health risks, so-called pandemic fatigue, and the need for social interaction...
- Short link to this article: https://bit.ly/30L5EM7
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Absorptive capacity, knowledge spillovers and incentive contracts
Philippe Gagnepain*, Luis Aguiar
The creation of technology spillovers in an industry is a process in which firms acquire new knowledge about innovation thanks to the dissemination of findings from the research and development activities of their competitors. These spillovers are key ingredients in firms’ productivity training and economic growth...
- Short link to this article: https://bit.ly/30R6Qxu
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* PSE members
To read the previous synthesis (since nov. 2013), follow this link