Showing 1 - 10 of 1,891
This paper presents novel evidence for the prevalence of deviations from rational behavior in human decision making – and for the corresponding causes and consequences. The analysis is based on move-by-move data from chess tournaments and an identification strategy that compares behavior of...
Persistent link: https://www.econbiz.de/10012831655
deviation (in beliefs, utility, or perceived prices) is within e of expected utility theory. The number e can then be used as a … distance to the theory. We apply our methodology to three recent large-scale experiments. Many subjects in those experiments …
Persistent link: https://www.econbiz.de/10012892237
I estimate CES aggregate production functions for the US, the UK, Japan, Germany, and Spain using data from the EU KLEMS database. I distinguish between three types of capital: information and communication technologies (ICT), intellectual property (IP) capital, and traditional capital. I assume...
Persistent link: https://www.econbiz.de/10014243755
We study the effects of globalisation on the slope of the New Keynesian Phillips curve for CPI inflation, based on a broad panel of 35 countries and controlling for possibly non-linear exchange rate effects. We find that the output gap generally has a significant positive effect on inflation,...
Persistent link: https://www.econbiz.de/10013322779
the long-term effect of the Covid-19-related school closures on aggregate productivity through the human capital channel … school closure, respectively. These results appear to be broadly consistent with earlier findings in the literature. Two …
Persistent link: https://www.econbiz.de/10014356978
boundaries. We use changes in school boundaries and the proposal of a new school. Our findings from redistricting in the Fayette … county school district (KY) show that prices for homes redistricted from a lower-performing (based on test scores) school … into the proposed school catchment area increase by six percent. For houses in higher-performing school catchment areas …
Persistent link: https://www.econbiz.de/10012842382
This paper studies whether specialized academic fields of study in secondary school, which are common in many countries …-best choice, together with nationwide register data for school cohorts from 1977-1991 linked to their earnings as adults. Our …
Persistent link: https://www.econbiz.de/10012826007
, even after conditioning on prior measures of school performance. We then provide causal evidence that a low …
Persistent link: https://www.econbiz.de/10012830107
We study the literature on school financial education programs for children and youth via a quantitative meta …
Persistent link: https://www.econbiz.de/10012892190
This paper studies a school district that was federally mandated to adopt a race-blind lottery system to fill seats in … lotteries by race to offset its predominantly black applicant pools. The change dramatically segregated subsequent magnet school …
Persistent link: https://www.econbiz.de/10012892247