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Every three years, Indonesia fields simultaneously two nationwide surveys which collect consumption data. Onecollects … consumption using 23 questions, the other using 320 questions. Based on a repeated experiment inwhich the two questionnaires were … of distribution functions reveals the combined effect ofsystematic differences in measurement and measurement error …
Persistent link: https://www.econbiz.de/10011317438
People typically update their beliefs about their own abilities too little in response to feed-back, a phenomenon known as "conservatism", and some studies suggest that they overweight good relative to bad signals ("asymmetry"). We measure individual conservatism and asymmetry in three tasks...
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This paper provides arguments in favor of using subjective questions as a proxy to measure welfare and well-being. This approach makes it possible to avoid having to define welfare and well-being means and having to identify the relevant indicators. Instead, individuals themselves define their...
Persistent link: https://www.econbiz.de/10011326409
from a field experiment on poverty targeting in Indonesia. It then explores the potential impact of using this welfare … used as a meaningful basis for targeting and poverty measurement. …
Persistent link: https://www.econbiz.de/10012404170
This paper is the first to examine the effect of minimum price guaranteesin a sequential search model. Minimum price guarantees are notadvertised and only known to consumers when they come to the shop.We show that in such an environment, minimum price guarantees increasethe value of buying the...
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Interest rate caps, also called usury ceilings, are a widely used policy tool to protect consumers from excessive charges by loan providers. However, they are often cited as a barrier for the advancement of financial inclusion, as they may reduce the incentives to provide loans to lower-income...
Persistent link: https://www.econbiz.de/10012591585