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Matching with Trade-offs: Revealed Preferences over Competing Characteristics
Galichon, Alfred; Salanié, Bernard - C.E.P.R. Discussion Papers - 2010
characteristics that the analyst does not observe. The social optimum must therefore trade off matching on incomes and matching on … set of feasible matchings and of the socially optimal matching. Then we show how data on the covariation of the types of …
Persistent link: https://www.econbiz.de/10008530351
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Tiered Housing Allocation: an Experimental Analysis
Carrillo, Juan D; Singhal, Saurabh - C.E.P.R. Discussion Papers - 2011
We study in the laboratory, a variant of the house allocation with existing tenants problem where agents are partitioned into tiers with different privileges. Members of higher tiers receive their allocation before those in lower tiers and can also take the endowment of a member of a lower tier...
Persistent link: https://www.econbiz.de/10008854498
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The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy
Jordà, Òscar; Taylor, Alan M. - C.E.P.R. Discussion Papers - 2013
After the Global Financial Crisis a controversial rush to fiscal austerity followed in many countries. Yet research on the effects of austerity on macroeconomic aggregates was and still is unsettled, mired by the difficulty of identifying multipliers from observational data. This paper...
Persistent link: https://www.econbiz.de/10011083942
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White Elephants
Robinson, James A; Torvik, Ragnar - C.E.P.R. Discussion Papers - 2002
Underdevelopment is thought to be about lack of investment, and many political economy theories can account for this …. Yet, there has been much investment in developing countries. The problem has been that investment growth has not led to … output growth. We therefore need to explain not simply underinvestment, but also the misallocation of investment. The …
Persistent link: https://www.econbiz.de/10005123875
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A Political Economy Theory of the Soft Budget Constraint
Robinson, James A; Torvik, Ragnar - C.E.P.R. Discussion Papers - 2005
Why do soft budget constraints exist and persist? In this paper we argue that the prevalence of soft budget constraints can be best explained by the political desirability of softness. We develop a political economy model where politicians cannot commit to policies that are not ex post optimal....
Persistent link: https://www.econbiz.de/10005114300
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The Impact of Economics Blogs
McKenzie, David J.; Özler, Berk - C.E.P.R. Discussion Papers - 2011
There is a proliferation of economics blogs, with increasing numbers of economists attracting large numbers of readers, yet little is known about the impact of this new medium. Using a variety of experimental and non-experimental techniques, we try to quantify some of their effects. First, links...
Persistent link: https://www.econbiz.de/10009293990
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The Evaluation of Citation Distributions
Ruiz-Castillo, Javier - C.E.P.R. Discussion Papers - 2011
This paper reviews a number of recent contributions that demonstrate that a blend of welfare economics and statistical analysis is useful in the evaluation of the citations received by scientific papers in the periodical literature. The paper begins by clarifying the role of citation analysis in...
Persistent link: https://www.econbiz.de/10009365007
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Comparing the Early Research Performance of PhD Graduates in Labour Economics in Europe and the USA
Cardoso, Ana Rute; Guimaraes, Paulo; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2009
received their degree in the years 2000 to 2005 in Europe or the USA. Research productivity is evaluated alternatively as the … number of publications, results suggest a higher productivity by graduates from European universities than from USA …
Persistent link: https://www.econbiz.de/10004979475
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Ranking Journals by Concentration of Author Affiliation: Thirty-Five Years of Finance Research
Lasser, Dennis; Rydqvist, Kristian - C.E.P.R. Discussion Papers - 2006
This paper presents a new metric for journal ranking that has the advantage of ranking more journals with a longer time-series at a low cost relative to impact factors and survey-based methods. We simultaneously rank journals and institutions by the degree of concentration of top journal...
Persistent link: https://www.econbiz.de/10005067372
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Soaring Minds: The Flight of Israel’s Economists
Ben-David, Dan - C.E.P.R. Discussion Papers - 2007
Despite their small number, Israeli economists have become an important fixture in the international academic scene. In recent years, this phenomenon has been characterized by an additional attribute: the number of Israelis who have chosen to leave the country’s universities - or not to return...
Persistent link: https://www.econbiz.de/10005497751