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Societies under similar geographic and economic conditions and subject to similar external influences nonetheless develop very different types of states. At one extreme are weak states with little capacity and ability to regulate economic or social relations. At the other are despotic states...
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This paper conducts surveys that document CFO perspectives on corporate planning, corporate investment, capital structure, payout, and the goal of the firm. Current policy choices are compared to CFO survey data from two decades prior, which allows me to identify decision-making themes that are...
Persistent link: https://www.econbiz.de/10013172140
It is widely recognized that the economics of distant-future events, like climate change, is critically dependent upon the choice of a discount rate. Unfortunately, it is unclear how to discount distant-future events when the future discount rate itself is unknown. In previous work, an...
Persistent link: https://www.econbiz.de/10012463061
This paper investigates whether attacks against Israeli targets help Palestinian factions gain public support. We link individual level survey data to the full list of Israeli fatalities during the period of the Second Intifada (2000-2006), and estimate a flexible discrete choice model for...
Persistent link: https://www.econbiz.de/10012462182
Social experiments are powerful sources of information about the effectiveness of interventions. In practice, initial randomization plans are almost always compromised. Multiple hypotheses are frequently tested. "Significant" effects are often reported with p-values that do not account for...
Persistent link: https://www.econbiz.de/10012462417