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Eating habits, food consumption, and health : the role of early life experiences
Adamopoulou, Effrosyni; Olivieri, Elisabetta; Triviza, … - 2023
-collected historical data on the number of livestock at the local level with microdata on eating habits, health outcomes, and food … individuals have a higher probability of being obese, having poor self-perceived health, and developing cancer. The effects are … consumption, and adult health. …
Persistent link: https://www.econbiz.de/10014441326
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Credence goods, costly diagnosis, and subjective evaluation
Bester, Helmut; Dahm, Matthias - 2014
We study contracting between a consumer and an expert. The expert can invest in diagnosis to obtain a noisy signal about whether a low-cost service is sufficient or whether a high-cost treatment is required to solve the consumerś problem. This involves moral hazard because diagnosis effort and...
Persistent link: https://www.econbiz.de/10010429934
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Motivated health risk denial and preventative health care investments
Schwardmann, Peter - 2017
People deny health risks, invest too little in disease prevention, and are highly sensitive to the price of … preventative health care, especially in developing countries. Moreover, private sector R and D spending on developing … which an agent's decision to engage in health risk denial balances the psychological benefits of reduced anxiety with the …
Persistent link: https://www.econbiz.de/10011698210
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Optimal procurement of a credence good under limited liability
Bester, Helmut; Yaofu, Ouyang - 2017
This paper analyzes the optimal contract for a consumer to procure a credence good from an expert when (i) the expert might misrepresent his private information about the consumer’s need, (ii) the expert might not choose the requested service since his choice of treatment is non-observable,...
Persistent link: https://www.econbiz.de/10011781931
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Fiscal federalism and tax enforcement
Bönke, Timm; Joachimsen, Beate; Schröder, Carsten - 2015
In many countries organized as federations, fiscal-equalization schemes have been implemented to mitigate vertical or horizontal imbalances. Such schemes usually imply that the member states of the federation can only partly internalize marginal tax revenue before redistribution. Aside from this...
Persistent link: https://www.econbiz.de/10010517182
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Misappropriation of R&D subsidies : estimating treatment effects with one-sided noncompliance
Boeing, Philipp; Peters, Bettina - 2021
In evaluating the effectiveness of R&D subsidies, the literature has focused on potential crowding out effects, while the possibility of misappropriation of public funds that results from moral hazard behavior has been completely neglected. This study develops a theoretical framework with which...
Persistent link: https://www.econbiz.de/10012661468
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Misappropriation of R&D subsidies : estimating treatment effects with one-sided noncompliance
Boeing, Philipp; Peters, Bettina - 2022 - This version: April 2022
We investigate the misappropriation of R&D subsidies and evaluate its consequences for policy effectiveness. Using Chinese firm-level data for 2001-2011, we identify that 42% of grantees misused R&D subsidies, accounting for 53% of total R&D subsidies. Misappropriation leads to a substantial...
Persistent link: https://www.econbiz.de/10013175474
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GMM weighting matrices incross-sectional asset pricing tests
Laurinaityte, Nora; Meinerding, Christoph; Schlag, Christian - 2020 - This version: November 4, 2020
Cross-sectional asset pricing tests with GMM can generate spuriouslyhigh explanatory power for factor models when the moment conditions are specifiedsuch that they allow the estimated factor means to substantially deviate from theobserved sample averages. In fact, by shifting the weights on the...
Persistent link: https://www.econbiz.de/10012322408
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A framework for separating individual treatment effects from spillover, interaction, and general equilibrium effects
Huber, Martin; Steinmayr, Andreas - 2017
, selection on observables, and difference-in-differences. We also present an application to a policy intervention extending …
Persistent link: https://www.econbiz.de/10011626689
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Demand systems with unit values : a comparison of two specifications
Lahatte, Agénor; Miquel, Ruth; Laisney, François; … - 1997
The availability of quantity information along with expenditure information in some household surveys allows the estimation of price reactions on the basis of unit values. We compare two specifications that have been proposed in this context by Deaton (1990) and Crawford et al. (1997) in order...
Persistent link: https://www.econbiz.de/10011427724