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Naroditskiy, Victor; Stein, Sebastian; Tonin, Mirco; … - Institute for the Study of Labor (IZA) - 2014

Word-of-mouth, referral, or viral marketing is a highly sought-after way of advertising. We undertake a field experiment that compares incentive mechanisms for encouraging social media shares to support a given cause. Our experiment takes place on a website set up to promote a fundraising drive...

Persistent link: https://www.econbiz.de/10010959716

Demand Side Analysis of Microlending Markets in Germany

Kritikos, Alexander S.; Kneiding, Christoph; … - Institute for the Study of Labor (IZA) - 2009

In developing and transition economies, microlending has become an effective instrument for providing micro businesses with the necessary financial resources to launch operations. In the industrialized countries, with their highly developed banking systems, however, there has been ongoing debate...

Persistent link: https://www.econbiz.de/10005011900

Exploring the Nature of Loss Aversion

Johnson, Eric J.; Gächter, Simon; Herrmann, Andreas - Institute for the Study of Labor (IZA) - 2006

Loss aversion, the fact that losses have a greater impact than gains, is a fundamental property of behavioral accounts of choice. In this paper, we suggest four possible characterizations of the relative impact of losses and gains: (1) It could be a constant, such as the much cited value of 2,...

Persistent link: https://www.econbiz.de/10005703626

Heterogeneous Treatment Effects: Instrumental Variables without Monotonicity?

Klein, Tobias J. - Institute for the Study of Labor (IZA) - 2007

A fundamental identification problem in program evaluation arises when idiosyncratic gains from participation and the …, identification hinges on the same monotonicity assumption that is fundamentally untestable. We investigate the sensitivity of …

Persistent link: https://www.econbiz.de/10005822349

Active Labor Market Policy in Germany - Is There a Successful Policy Strategy?

Fertig, Michael; Schmidt, Christoph M.; Schneider, Hilmar - Institute for the Study of Labor (IZA) - 2002

Each year Germany and many other developed economies spend tens of billions of Euros on active measures of employment promotion with the explicit aim of contributing to the reduction of unemployment. Yet, high unemployment has universally been a persistent problem throughout the last two...

Persistent link: https://www.econbiz.de/10005822395

A Simple Solution to the Identification Problem in Detailed Wage Decompositions

Yun, Myeong-Su - Institute for the Study of Labor (IZA) - 2003

identification problem since the detailed coefficients effect attributed to a dummy variable is not invariant to the choice of … reference groups. It turns out that the identification problem in the decomposition equation is a disguised identification …. The identification problem is automatically resolved once we obtain "normalized" regression equations for two comparison …

Persistent link: https://www.econbiz.de/10005822487

Identification and Estimation of Economic Models of Outmigration Using Panel Attrition

Bellemare, Charles - Institute for the Study of Labor (IZA) - 2004

Because their departures are difficultly observed, little is known about the performance of immigrants who leave a region and move to another. This paper shows conditions under which the (conditional) outmigration probability, work probability and the expected earnings of outmigrants are...

Persistent link: https://www.econbiz.de/10005822568

Living in Two Neighborhoods: Social Interactions in the Lab

Falk, Armin; Fischbacher, Urs; Gächter, Simon - Institute for the Study of Labor (IZA) - 2004

interaction effects. We conduct an experiment that avoids the identification problem present in the field. Our novel design …

Persistent link: https://www.econbiz.de/10005822702

Does the Early Bird Catch the Worm? Instrumental Variable Estimates of Educational Effects of Age of School Entry in Germany

Puhani, Patrick A.; Weber, Andrea M. - Institute for the Study of Labor (IZA) - 2005

We estimate the effect of age of school entry on educational attainment using three different data sets for Germany, sampling pupils at the end of primary school, in the middle of secondary school and several years after secondary school. Results are obtained based on instrumental variable...

Persistent link: https://www.econbiz.de/10005822742

Using Firm Optimization to Evaluate and Estimate Returns to Scale

Gorodnichenko, Yuriy - Institute for the Study of Labor (IZA) - 2008

At the firm level, revenue and costs are well measured but prices and quantities are not. This paper shows that because of these data limitations estimates of returns to scale at the firm level are for the revenue function, not production function. Given this observation, the paper argues that,...

Persistent link: https://www.econbiz.de/10005822822