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Windfall Gains and Stock Market Participation

Briggs, Joseph S. - 2015

We estimate the causal effect of wealth on stock market participation using administrative data on Swedish lottery players. A $150,000 windfall gain increases stock ownership probability among pre-lottery non-participants by 12 percentage points, while pre-lottery stock holders are unaffected....

Persistent link: https://www.econbiz.de/10012456996

Corruption in Indonesia

Henderson, J. Vernon - 2004

sources of tax or inter-governmental revenues reduce the need for regulation and corruption. The paper estimates a large … reduction in regulation in better funded localities. The findings are directly relevant to Indonesia where corruption is high … key aspects of corruption -- the relationship between bribes, time spent with local officials, and different forms of …

Persistent link: https://www.econbiz.de/10012468016

Does Mentoring Increase the Collaboration Networks of Female Economists? An Evaluation of the CeMENT Randomized Trial

Ginther, Donna K.; Na, Rina - National Bureau of Economic Research - 2021

Previous research has shown that women in the treatment group of the CeMENT randomized controlled trial increased their publications and the likelihood that they were tenured in top 50 economics departments. This paper examines one potential mechanism, namely, that CeMENT expanded the...

Persistent link: https://www.econbiz.de/10012510606

Probabilistic Prediction for Binary Treatment Choice : with Focus on Personalized Medicine

Manski, Charles F. - National Bureau of Economic Research - 2021

This paper extends my research applying statistical decision theory to treatment choice with sample data, using maximum regret to evaluate the performance of treatment rules. The specific new contribution is to study as-if optimization using estimates of illness probabilities in clinical choice...

Persistent link: https://www.econbiz.de/10012660036

Does Saving Cause Borrowing?

Medina, Paolina C.; Pagel, Michaela - National Bureau of Economic Research - 2021

We study whether savings nudges have the unintended consequence of additional borrowing in high-interest credit. We use data from a pre-registered experiment that encouraged 3.1 million bank customers to save via SMS messages and train a machine learning algorithm to predict individual-level...

Persistent link: https://www.econbiz.de/10012585440

The Effect of Smoking on Mental Health : Evidence from a Randomized Trial

Meckel, Katherine; Rittenhouse, Katherine P. - National Bureau of Economic Research - 2022

This paper aims to identify the causal effects of smoking on mental health using data from the Lung Health Study, a randomized trial of smoking cessation treatment with five years of follow-up interviews. In the short-run, distress increases, likely reflecting the effects of nicotine withdrawal....

Persistent link: https://www.econbiz.de/10013172166

Eclipse of Rent-Sharing : The Effects of Managers' Business Education on Wages and the Labor Share in the US and Denmark

Acemoglu, Daron; He, Alex Xi; Le Maire, Daniel - National Bureau of Economic Research - 2022

This paper provides evidence from the US and Denmark that managers with a business degree ("business managers") reduce their employees' wages. Within five years of the appointment of a business manager, wages decline by 6% and the labor share by 5 percentage points in the US, and by 3% and 3...

Persistent link: https://www.econbiz.de/10013172173

Does Quitting Smoking Increase Obesity? Evidence From Accounting for Misreporting

Tchernis, Rusty; Teltser, Keith F.; Teotia, Arjun - National Bureau of Economic Research - 2022

Smoking and obesity are the two leading causes of preventable deaths in the United States. Because smoking is subject to heavy government intervention, understanding the effect of smoking on obesity is important in determining the extent of unintended costs or benefits of such intervention. The...

Persistent link: https://www.econbiz.de/10012814476

Trauma at School : The Impacts of Shootings on Students' Human Capital and Economic Outcomes

Cabral, Marika - 2020

A growing number of American children are exposed to gun violence at their schools, but little is known about the impacts of this exposure on their human capital attainment and economic well-being. This paper studies the causal effects of exposure to shootings at schools on children's...

Persistent link: https://www.econbiz.de/10012482529

Evaluating Contradictory Experimental and Non-Experimental Estimates of Neighborhood Effects on Economic Outcomes for Adults

Harding, David J.; Sanbonmatsu, Lisa; Duncan, Greg J.; … - National Bureau of Economic Research - 2021

Although non-experimental studies find robust neighborhood effects on adults, such findings have been challenged by results from the Moving to Opportunity (MTO) residential mobility experiment. Using a within-study comparison design, this paper compares experimental and non-experimental...

Persistent link: https://www.econbiz.de/10012482671

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