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Our research addresses fundamental long-standing concerns in the compensating wage differentials literature and its public policy implications: the econometric properties of estimates of the value of statistical life (VSL) and the wide range of such estimates from about $0.5 million to about $21...
Persistent link: https://www.econbiz.de/10003561666
This paper addresses the steep learning curve in Machine Learning faced by noncomputer scientists, particularly social scientists, stemming from the absence of a primer on its fundamental principles. I adopt a pedagogical strategy inspired by the adage "once you understand OLS, you can work your...
Persistent link: https://www.econbiz.de/10014535259
A relevant question for the organization of large scale research assessments is whether bibliometric evaluation and …, that less costly bibliometric evaluation might - at least partly - replace informed peer review, or that bibliometric … evaluation could reliably monitor research in between assessment exercises. We draw on our experience of evaluating Italian …
Persistent link: https://www.econbiz.de/10010212983
We show that grading standards for primary school exams in England have triggered an inflation of quality indicators in the national performance tables for almost two decades. The cumulative effects have resulted in significant differences in the quality signaled to parents for otherwise...
Persistent link: https://www.econbiz.de/10011763856
quality. Second, we show that authors who publish in these journals are more likely to receive a positive evaluation when …
Persistent link: https://www.econbiz.de/10011732370
Much of the political economy analysis of reform focuses on the conflict of interest between groups that stand to gain or lose from the competing policy proposals. In reality, there is also a lot of disagreement about the working of the policy: in addition to conflicting interests, conflicting...
Persistent link: https://www.econbiz.de/10003902085
estimation and simulation results. -- Evaluation methods …This paper reviews some of the most popular policy evaluation methods in empirical microeconomics: social experiments … evaluation literature. A workhorse simulation model of education returns is used throughout the paper to discuss and illustrate …
Persistent link: https://www.econbiz.de/10003771837
This paper accounts for the value of children and future generations in the evaluation of health policies. This is … evaluation of current policies. Our model clarifies a series of puzzles from the literature on the "value of life" and on …
Persistent link: https://www.econbiz.de/10003594436
The context of community-based interventions presents formidable problems for any evaluation analysis. Group …-randomized studies do possess ideal properties in theory, but in practice, grouprandomization might not be a feasible alternative at all …
Persistent link: https://www.econbiz.de/10011339092
There are many possible connections between VSL and behavioral economics. A list of topics includes endowment effects, risk salience, ambiguity aversion, present bias, reference groups, reference points, and experienced versus decision utilities. There are also nudges that connect to estimating...
Persistent link: https://www.econbiz.de/10011998638