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Philosophers and economists can agree on the intergenerational discount rate and climate policy paths
Nesje, Frikk; Drupp, Moritz A.; Freeman, Mark C.; … - 2022
The estimated values to society from long-term public projects, including climate change mitigation and infrastructure construction, are highly sensitive to the social discount rate (SDR) employed. Governmental guidance on social discounting has predominantly been based on input from expert...
Persistent link: https://www.econbiz.de/10013365181
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The epistemic vices of democracies in the age of populism
Bonatti, Luigi - 2023
rationally (in the sense of rational choice theory) pursuing them. This leads to a certain skepticism towards the idealization of …
Persistent link: https://www.econbiz.de/10014315089
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A probabilistic solution to high-dimensional continuous-time macro and finance models
Ji, Huang - 2023
This paper introduces the probabilistic formulation of continuous-time economic models: forward stochastic differential equations (SDE) govern the dynamics of backward-looking variables, and backward SDEs capture that of forward-looking variables. Deep learning streamlines the search for the...
Persistent link: https://www.econbiz.de/10014331249
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The short-term effects of generative artificial intelligence on employment : evidence from an online labor market
Hui, Xiang; Reshef, Oren; Zhou, Luofeng - 2023
Generative Artificial Intelligence (AI) holds the potential to either complement knowledge workers by increasing their productivity or substitute them entirely. We examine the short-term effects of the recent release of the large language model (LLM), ChatGPT, on the employment outcomes of...
Persistent link: https://www.econbiz.de/10014323255
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Heterogeneity in high math achievement across schools : evidence from the American Mathematics Competition
Ellison, Glenn; Swanson, Ashley - 2012
achievement. Data from the American Mathematics Competitions is used to produce counts of high-scoring students from more than two … Mathematics Competition ; mathematics education …
Persistent link: https://www.econbiz.de/10009571739
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Speaking in numbers : the effect of reading performance on math performance among immigrants
Isphording, Ingo Eduard; Piopiunik, Marc; … - 2015
This paper is the first to estimate a causal effect of immigrant students' reading performance on their math performance. To overcome endogeneity issues due to unobserved ability, we apply an IV approach exploiting variation in age-at-arrival and the linguistic distance between origin and...
Persistent link: https://www.econbiz.de/10011384332
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Small group instruction to improve student performance in mathematics in early grades : results from a randomized field experiment
Bonesrønning, Hans; Finseraas, Henning; Hardoy, Inés; … - 2021
years. The intervention includes students aged 7-9 and consists of pulling students from their regular mathematics classes … into small, homogenous groups for mathematics instruction for 3 to 4 hours per week, for two periods of 4-6 weeks per … their performance in mathematics by .16 standard deviations at the end of the school year and by .06 standard deviations in …
Persistent link: https://www.econbiz.de/10012694062
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High-ability influencers? : the heterogeneous effects of gifted classmates
Balestra, Simone; Sallin, Aurélien; Wolter, Stefan C. - 2020
This paper examines how exposure to students identified as gifted (IQ ≥ 130) affects achievement in secondary school, enrollment in post-compulsory education, and occupational choices. By using student-level administrative data on achievement combined with psychological examination records, we...
Persistent link: https://www.econbiz.de/10012391367
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The dynamic interplay of inequality and trust : an experimental study
Greiner, Ben (contributor); Ockenfels, Axel (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003624788
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Non-welfarist optimal taxation and behavioral public economics : presented at CESifo Venice Summer Institute, Workshop on Behavioral Public Economics, July 2004
Kanbur, Ravi; Pirttilä, Jukka; Tuomala, Matti - 2004
Research in behavioral economics has uncovered the widespread phenomenon of people making decisions against their own good intentions. In these situations, the government might want to intervene, indeed individuals might want the government to intervene, to induce behavior that is closer to what...
Persistent link: https://www.econbiz.de/10011451127