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Income volatility and residential mortgage delinquency : evidence from 12 EU countries

Diaz-Serrano, Luis (contributor) - 2004 - [Elektronische Ressource]

We investigate the socio-economic determinants of mortgage delinquency in 12 EU countries and observe that income volatility significantly increases the mortgage delinquency risk. This pattern even holds for borrowers with higher-income profiles if volatility in income is high enough. From this...

Persistent link: https://www.econbiz.de/10002485593

Risk-sharing and student loan policy : consequences for students and institutions

Webber, Douglas A. - 2015

This paper examines the potential costs and benefits associated with a risk-sharing policy imposed on all higher education institutions. Under such a program, institutions would be required to pay for a portion of the student loans among which their students defaulted. I examine the predicted...

Persistent link: https://www.econbiz.de/10010488238

Valuing air quality using happiness data : the case of China

Zhang, Xin; Zhang, Xiaobo; Chen, Xi - 2016

This paper estimates the monetary value of cutting PM2.5, a dominant source of air pollution in China. By matching hedonic happiness in a nationally representative survey with daily air quality data according to exact dates and locations of interviews in China, we are able to estimate the...

Persistent link: https://www.econbiz.de/10011497267

A global count of the extreme poor in 2012 : data issues, methodology and initial results

Ferreira, Francisco H. G.; Chen, Shaohua; Dabalen, Andrew; … - 2015

The 2014 release of a new set of purchasing power parity conversion factors (PPPs) for 2011 has prompted a revision of the international poverty line. In order to preserve the integrity of the goalposts for international targets such as the Sustainable Development Goals and the World Bank's twin...

Persistent link: https://www.econbiz.de/10011375987

Fostering and measuring skills : interventions that improve character and cognition

Heckman, James J.; Kautz, Tim - 2013

This paper reviews the recent literature on measuring and boosting cognitive and noncognitive skills. The literature establishes that achievement tests do not adequately capture character skills – personality traits, goals, motivations, and preferences that are valued in the labor market, in...

Persistent link: https://www.econbiz.de/10010221678

The preference survey module : a validated instrument for measuring risk, time, and social preferences

Falk, Armin; Becker, Anke; Dohmen, Thomas; Huffman, David; … - 2016

This paper presents an experimentally validated survey module to measure six key economic preferences – risk aversion, discounting, trust, altruism, positive and negative reciprocity – in a reliable, parsimonious and cost-effective way. The survey instruments included in the module were the...

Persistent link: https://www.econbiz.de/10011450386

Chronic material deprivation and long-term poverty in Europe in the pre-crisis period

Papadopoulos, Fotis; Tsakloglou, Panos O. - 2016

The paper examines the degree of overlap between people who experience chronic material deprivation and those who face long term income poverty (longitudinal poverty) in 22 EU countries for the period 2005-2008, using the longitudinal information of the EU-SILC. In order to approximate chronic...

Persistent link: https://www.econbiz.de/10011452698

Estimating the size of the shadow economy : methods, problems and open questions

Schneider, Friedrich; Bühn, Andreas - 2016

This paper presents various methods for estimating the size of the shadow economy and analyzes their strengths and weaknesses. The purpose of the paper is twofold. Firstly, it demonstrates that no ideal method exists to estimate the size and development of the shadow economy. Because of its...

Persistent link: https://www.econbiz.de/10011455521

A correction for regression discontinuity designs with group-specific mismeasurement of the running variable

Bartalotti, Otávio; Brummet, Quentin; Dieterle, Steven - 2019

average treatment effect of interest will typically fail. While the form of this measurement error varies across applications …, in many cases the measurement error structure is heterogeneous across different groups of observations. We develop a … novel measurement error correction procedure capable of addressing heterogeneous mismeasurement structures by leveraging …

Persistent link: https://www.econbiz.de/10012019266

The measurement of health inequalities : does status matter?

Costa-Font, Joan; Cowell, Frank A. - 2019

Approaches to measuring health inequalities are often problematic in that they use methods that are inappropriate for categorical data. The approach here focuses on "pure" or univariate health inequality (rather than income-related or bivariate health inequality) and is based on a concept of...

Persistent link: https://www.econbiz.de/10012022686