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Monday Opening Bell
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A citywide field experiment finds that a progressive property-tax schedule raised more revenue than a proportional schedule, while enforcement shaped who ultimately bore the burden.
From public metadata
Large field experiments in Great Britain and Spain suggest that free electricity can shift demand into periods of abundant renewable supply, while paying consumers beyond zero added little response.
Linked Nordic administrative records indicate that personal holding companies can defer high-income owners’ taxes for long periods and materially change measured progressivity.
In a large influenza-vaccination trial, reminders increased vaccination, while small cash and lottery incentives did not outperform the reminder alone.
Chinese mutual-fund reports separate the beliefs associated with subsequent returns from the sentiment statements that attract investor flows.
Weekly Daily Signal pick
A structural model of children’s choices finds that measured psychological traits are more strongly related to decision noise and guessing than to risk preferences themselves.
Preference elicitation can confound what people want with how precisely they process and answer the choice problem.
Open paper signalBatch composition
Program affiliations and literal method phrases from NBER public metadata
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