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The Information Value of Central School Exams

Schwerdt, Guido; Woessmann, Ludger - 2015

The central vs. local nature of high-school exit exam systems can have important repercussions on the labor market. By increasing the informational content of grades, central exams may improve the sorting of students by productivity. To test this, we exploit the unique German setting where...

Persistent link: https://www.econbiz.de/10011307069

Game of Zones: The Political Economy of Conservation Areas

Ahlfeldt, Gabriel M.; Möller, Kristoffer; Waights, Sevrin - 2014

Provided there are positive external benefits attached to the historic character of buildings, owners of properties in designated conservation areas benefit from a reduction in uncertainty regarding the future of their area. At the same time, the restrictions put in place to ensure the...

Persistent link: https://www.econbiz.de/10010352391

Politicians' Payments in a Proportional Party System

Berg, Heléne - 2018

Is politics a lucrative business? The question is approached in this paper, as one of few to quantify the monetary returns to holding political office in a typical developed democracy where parties are the main political actors. By applying a difference-in-difference setting with a carefully...

Persistent link: https://www.econbiz.de/10011932028

Heterogenous Mental Health Impacts of a Forced Relocation: The Red Zone in Christchurch after Its 2011 Earthquake

Hoang, Thoa; Le, Van Thinh; Noy, Ilan - 2024

People are sometimes forced to move, and it has often been hypothesised that such relocation involves significant psychological costs. The challenge in identifying the mental health consequences of moving is that most moves are (partly) voluntary. We use a natural experiment, the mandated...

Persistent link: https://www.econbiz.de/10014534397

Exploring the Heterogeneous Effects of State Price Transparency Laws on Charge Prices, Negotiated Prices, and Operating Costs

Linde, Sebastian; Siebert, Ralph - 2021

To limit the dramatic growth of U.S. health care expenditures, some states have mandated that medical providers publicly report their charge prices. Our study evaluates the heterogeneous effects of this price transparency policy. We use a comprehensive database that covers more than 2,000...

Persistent link: https://www.econbiz.de/10012799648

Employment protection and fertility: Evidence from the 1990 Italian reform

Prifti, Ervin; Vuri, Daniela - 2012

The aim of this paper is to investigate the effect of Employment Protection Legislation (EPL) on fertility decisions of Italian working women using administrative data. We exploit a reform that introduced in 1990 costs for dismissals unmotivated by a fair cause or justified motive in firms below...

Persistent link: https://www.econbiz.de/10010281932

Cracking under Pressure? Gender Role Attitudes toward Maternal Employment in Times of a Pandemic

Danzer, Natalia; Huebener, Mathias; Paper, Astrid; … - 2021

This paper studies the effects of Covid-19 related daycare and school closures on gender role attitudes toward maternal employment in Germany. We compare women and men with dependent children to those without children one year after the outbreak of the pandemic. Using data on gender role...

Persistent link: https://www.econbiz.de/10012599231

Efficiency and Environmental Impacts of Electricity Restructuring on Coal-Fired Power Plants

Chan, H. Ron; Fell, Harrison; Lange, Ian A.; Li, Shanjun - 2013

We investigate the impacts of electricity market restructuring on fuel efficiency, utilization and, new to this area … exclusively on coal-fired power plants and uses panel data covering several years after implementation of restructuring. The … estimation compares how investor-owned (IOs) plants in states with restructuring changed their behavior relative to IOs in states …

Persistent link: https://www.econbiz.de/10010292700

Sovereign defaults: The price of haircuts

Cruces, Juan J.; Trebesch, Christoph - 2011

A main puzzle in the sovereign debt literature is that defaults have only minor effects on subsequent borrowing costs and access to credit. This paper comes to a different conclusion. We construct the first complete database of investor losses (haircuts) in all restructurings with foreign banks...

Persistent link: https://www.econbiz.de/10010278882

The Impact of Delay: Evidence from Formal Out-of-Court Restructuring

Srhoj, Stjepan; Kovač, Dejan; Shapiro, Jacob N.; … - 2021

Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial …

Persistent link: https://www.econbiz.de/10012657954