Showing 1 - 10 of 443
This paper investigates the effect of economic policy uncertainty (EPU) on gambling activity in China. Based on a … data on lottery sales in Chinese provinces to estimate the short- and long-run effect of EPU on gambling. Our results … suggest that EPU has a significant positive effect on gambling in the short run. In addition, we find that this positive …
Persistent link: https://www.econbiz.de/10013503360
This paper reviews the history of executive compensation disclosure and other government policies affecting CEO pay …
Persistent link: https://www.econbiz.de/10003749481
outlets in Israel for two years (2015-2016), I find that gambling revenue spikes at social security paydays. The estimation …
Persistent link: https://www.econbiz.de/10012064536
The paper proposes a simple and innovative methodology for measuring the incidence of gambling expenditure in countries … merging data on the geographical location of gambling outlets, together with residents' socio-economic and demographic … results and yields a measure of -0.42, which implies that the implicit tax associated with gambling is highly regressive. …
Persistent link: https://www.econbiz.de/10011700247
We test for skewness preferences in a large set of observational panel data on online poker games (n=4,450,585). Each observation refers to a choice between a safe option and a binary risk of winning or losing the game. Our setting offers a real-world choice situation with substantial incentives...
Persistent link: https://www.econbiz.de/10014486803
This paper exploits a short-lived cooperation program between the U.S.S.R. and China, which led to the construction of …
Persistent link: https://www.econbiz.de/10012026413
information about Chinese modern history during 1842-1955). Our results show that the inward FDI has a positive effect on …
Persistent link: https://www.econbiz.de/10012238484
In this paper we analyze a large sample of individual responses to six lottery questions. We derive a simultaneous estimate of risk aversion and the time preference discount rate per individual. This can be done because the consumption of a large prize is smoothed over a larger time period. It...
Persistent link: https://www.econbiz.de/10011507761
This paper proposes a difference-in-differences approach for disentangling a total treatment effect on some outcome into a direct impact as well as an indirect effect operating through a binary intermediate variable - or mediator - within strata defined upon how the mediator reacts to the...
Persistent link: https://www.econbiz.de/10011509301
An auction is viewed as a process that in equilibrium generates a binary lottery for each bidder, which the bidder buys with his bid. This view allows for a simple way to consistently assess differences in bidding behavior over different bidders and different auctions. E.g. all auctions covered...
Persistent link: https://www.econbiz.de/10009781657