majority teachers grade minority and majority students differently for the same work. Using an experiment, I rule out the … existence of such a direct grading bias. I do find indirect evidence for alternative explanations: teachers report lower …

This paper is the first attempt to assess the impact of official FOREX interventions of the three major central banks … Bayesian framework developed by Bos and Shephard (2004). Our results show that in general, the concerted interventions tend to … affect the dynamics of both currency components of the exchange rate. In contrast, unilateral interventions are found to …

="http://www.sciencedirect.com/science/article/pii/S0165176511002242">'Economics Letters'</A> 113(1), 76-79.<p> We consider the bias of the 2SLS estimator in the linear instrumental … coefficient estimation bias under various scenarios regarding the number and strength of instruments. …

This paper offers a new theory of discrimination in the workplace. We consider a manager who has to assign two tasks to … employees expect to be favored. The manager, who has no taste for discrimination, discriminates in order to avoid demotivating …

side. We use the model to investigate the welfare effects of discrimination (also known as risk selection). We postulate … find that aggregate surplus decreases when risk aversion is high. When risk aversion is low however, discrimination …

In the labor market, statistical discrimination occurs when employers' beliefs about workers' behavior induce different … beliefs of the employers are self-fulfilling. Theoretically and in an experiment, we investigate under what circumstances … statistical discrimination occurs. We confirm the experimental results of Fryer, Goeree and Holt (2005) who do not find systematic …

works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice …

the size of credible deviations. In our experiment, we find support for the relevance of credible deviations. In addition …

dictator game. In our experiment teams are more selfish than individuals, and the most selfish team member has the strongest …