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Binary treatments are often ex-post aggregates of multiple treatments or can be disaggregated into multiple treatment versions. Thus, effects can be heterogeneous due to either effect or treatment heterogeneity. We propose a decomposition method that uncovers masked heterogeneity, avoids...
Persistent link: https://www.econbiz.de/10013382073
We test whether households that face prospective home equity losses during a house price downturn use divorce to shed debt. We study the Dutch context, where qualifying homeowners can buy into a mortgage guarantee scheme that insures the lender against borrower default and transfers the risk to...
Persistent link: https://www.econbiz.de/10013329569
The lack of information is a relevant obstacle to the export activity of small and medium enterprises. This paper … large sample of Italian firms for which we merge custom data with information on their lender banks. We identify a shock … amount of information accumulated that can be shared with client firms. Conversely, the effect on the intensive margins of …
Persistent link: https://www.econbiz.de/10013332105
information has no impact on learning. …
Persistent link: https://www.econbiz.de/10013412757
Thorough structural change occurs periodically across world economies. In a parsimonious overlapping generation setup with political economy, we present a novel result: structural change not only exacerbates the rise in inequality but also strengthens the preference for redistribution. Labor...
Persistent link: https://www.econbiz.de/10013414595
This paper brings together the modern research on employer power and employee power by empirically examining the effects of unionization on worker earnings, employment, and inequality across differently concentrated markets. Exploiting national tax reforms to union membership dues as exogenous...
Persistent link: https://www.econbiz.de/10013415467
Received migration research has it that higher relative deprivation strengthens the incentive for people to migrate, and that migration is often a risky enterprise. Relative deprivation has been seen as a push factor in migration, and the level of risk involved in migration has been understood...
Persistent link: https://www.econbiz.de/10013540558
This paper proposes a method to analyze interval-censored data, using multiple imputation based on a heteroskedastic interval regression approach. The proposed model aims to obtain a synthetic data set that can be used for standard analysis, including standard linear regression, quantile...
Persistent link: https://www.econbiz.de/10013541717
Iran has the world's only government-regulated kidney market. We report the results of the first field study of donor behaviour in this unusual market. Participants have lower risk tolerance and higher patience levels than the Iranian average but display no difference in rationality from...
Persistent link: https://www.econbiz.de/10013471373
We study cheating as a collective-risk social dilemma in a group setting in which individuals are asked to report their actual outcomes. Misreporting their outcomes increases the individual's earnings but when the sum of claims in the group reaches a certain threshold, a risk of collective...
Persistent link: https://www.econbiz.de/10013471466