Showing 1 - 10 of 449
In the canonical regression discontinuity (RD) design for applicants who face an award or admissions cutoff, causal effects are nonparametrically identified for those near the cutoff. The impact of treatment on inframarginal applicants is also of interest, but identification of such effects...
Persistent link: https://www.econbiz.de/10010652317
An instrumental variables (IV) identification strategy that exploits statutory class size caps shows significant achievement gains in smaller classes in Italian primary schools. Gains from small classes are driven mainly by schools in Southern Italy, suggesting a substantial return to class size...
Persistent link: https://www.econbiz.de/10010821927
Lottery estimates suggest oversubscribed urban charter schools boost student achievement markedly. But these estimates needn’t capture treatment effects for students who haven’t applied to charter schools or for students attending charters for which demand is weak. This paper reports...
Persistent link: https://www.econbiz.de/10011105929
determining retirement, spousal, and survivor benefits, along with benefit adjustments that vary with the age at which these are … consistent with empirical evidence. We also confirm predictions that wives will claim retirement benefits earlier than husbands …
Persistent link: https://www.econbiz.de/10010951303
leisure would predict a decrease in labor supply for both spouses. Utilizing a mid-1990s expansion of health insurance for U … the Current Population Survey and Health and Retirement Study, we employ a difference-in-differences strategy to compare … supply increases, suggesting that financial incentives dominate complementarities of spousal leisure. This effect is …
Persistent link: https://www.econbiz.de/10010951316
This paper incorporates two empirically-grounded insights into a dynamic life cycle portfolio choice model: the fact that investors forego the opportunity to accumulate job-specific skills when they spend time managing their own money, and the observation that efficiency in financial decision...
Persistent link: https://www.econbiz.de/10011210995
A central justification for social insurance and for other policies aimed at retirement savings is that individuals may … payroll taxes and other withholding to fund retirement savings as akin to an income tax, while largely ignoring the distant … future retirement benefits that they fund? If so, the distortion of labor supply may be many times higher than otherwise …
Persistent link: https://www.econbiz.de/10011271390
This paper presents new empirical evidence on the effects of retirement benefits on labor force participation decisions … changes in retirement benefits from the Austrian pension system. We present graphical evidence documenting labor supply …. These relatively low elasticities highlight that many retirement decisions are likely to be affected by factors beyond only …
Persistent link: https://www.econbiz.de/10009251517
Social Security benefits that accrue with additional earnings on three measures of labor supply: retirement, hours, and labor … discontinuities as uncertainty about the future is resolved. We find clear evidence that individuals approaching retirement (age 52 … estimate that a 10 percent increase in the net-of-tax share reduces the two-year retirement hazard by a statistically …
Persistent link: https://www.econbiz.de/10005830656
is estimated using data from the Health and Retirement Study. We compare results based on our model to results based on … the normal retirement age, eliminating early retirement altogether and eliminating the Social Security Disability …
Persistent link: https://www.econbiz.de/10005778198