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a replication opportunity for those papers, with two innovations: (i) a design which allows stated and revealed …
Persistent link: https://www.econbiz.de/10011214031
The welcome rise of replication tests in economics has not been accompanied by a single, clear definition of … replication. A discrepant replication, in current usage of the term, can signal anything from an unremarkable disagreement over … methods to scientific incompetence or misconduct. This paper proposes an unambiguous definition of replication, one that …
Persistent link: https://www.econbiz.de/10011268328
firm performance; replication; within-study replication by international research teams; meta-analysis; and talking to …
Persistent link: https://www.econbiz.de/10008564712
We apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education. We replicate the original study on US men and extend to US women, UK men and German men. Most original results are not robust. A college education cannot universally be considered an...
Persistent link: https://www.econbiz.de/10008855343
One suggested hypothesis for the dramatic rise in household borrowing that preceded the financial crisis is that low-income households increased their demand for credit to finance higher consumption expenditures in order to "keep up" with higherincome households. Using household level data on...
Persistent link: https://www.econbiz.de/10010884200
Many households have insufficient savings to handle moderate and routine consumption shocks. Many of these financially fragile households also have the highest lottery expenditures as a proportion of income. This combination suggests that Prize-Linked Savings (PLS) accounts, that combine...
Persistent link: https://www.econbiz.de/10010959657
We investigate the causal effect of financial literacy on financial assets, exploiting banks information policies for identification. In Italy, banks who belong to the PattiChiari consortium have implemented policies aimed at increasing transparency and procedural simplification. These policies...
Persistent link: https://www.econbiz.de/10010959735
We investigate the relationship between social interaction and household finances using data from the British Household Panel Survey. We contribute to the existing literature by exploring the relationship between a wide range of aspects of household finances and social interaction, rather than...
Persistent link: https://www.econbiz.de/10010959752
This paper explores the importance of the household's financial position for an individual's level of well-being. Initially, the empirical analysis, based on a large nationally representative panel survey, aims to ascertain the impact of the household's monetary financial position on overall...
Persistent link: https://www.econbiz.de/10010959762
While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to filling this gap in the literature by studying how...
Persistent link: https://www.econbiz.de/10011273191