Showing 1 - 10 of 231
This paper uses data from global and Canadian surveys data to estimate the powerful linkages between social connections, their related social identities, and subjective well-being. Our explanatory variables include several measures of the extent and frequency of use of social networks, combined...
Persistent link: https://www.econbiz.de/10008601695
mitigate externalities generated through their use. …
Persistent link: https://www.econbiz.de/10011123632
We investigate the determinants of giving in a lab-in-the-field experiment with large stakes. Study participants in urban Mozambique play dictator games where their counterpart is the closest person to them outside their household. When given the option, dictators do a large fraction of giving...
Persistent link: https://www.econbiz.de/10010951192
The "Hawthorne effect," a concept familiar to all students of social science, has had a profound influence both on the direction and design of research over the past 75 years. The Hawthorne effect is named after a landmark set of studies conducted at the Hawthorne plant in the 1920s. The first...
Persistent link: https://www.econbiz.de/10005025629
, which resembles modern asset markets, and a bilateral exchange market, which represents markets that have existed for …
Persistent link: https://www.econbiz.de/10008533384
Economists are increasingly turning to the experimental method as a means to estimate causal effects. By using randomization to identify key treatment effects, theories previously viewed as untestable are now scrutinized, efficacy of public policies are now more easily verified, and stakeholders...
Persistent link: https://www.econbiz.de/10011188539
The influence of peers could play an important role in the take up of social programs. However, estimating peer effects has proven challenging given the problems of reflection, correlated unobservables, and endogenous group membership. We overcome these identification issues in the context of...
Persistent link: https://www.econbiz.de/10010969272
We propose a theory of monetary policy and macroprudential interventions in financial markets. We focus on economies … with nominal rigidities in goods and labor markets and subject to constraints on monetary policy, such as the zero lower … interventions in financial markets. Ex post, the distribution of wealth across agents affects aggregate demand and output. Ex ante …
Persistent link: https://www.econbiz.de/10010969453
I analyze whether banks are efficient at allocating resources across intermediation activities. Competition between …
Persistent link: https://www.econbiz.de/10010885299
We present a model in which managers are risk-averse and firms compete for scarce managerial talent ("alpha"). When managers are not mobile across firms, firms provide efficient compensation, which allows for learning about managerial talent and for insurance of low-quality managers. When...
Persistent link: https://www.econbiz.de/10010950720