Showing 1 - 10 of 233
Most poverty studies build on measures that take account of recurring incomes from sources such as labour or social transfers. However, other financial resources such as savings and assets also affect living standards, often in very significant ways. Previous studies that have sought to...
Persistent link: https://www.econbiz.de/10011594143
Matching has become a popular approach to estimate average treatment effects. It is based on the conditional independence or unconfoundedness assumption. Checking the sensitivity of the estimated results with respect to deviations from this identifying assumption has become an increasingly...
Persistent link: https://www.econbiz.de/10003525569
-fatal child maltreatment by a primary caregiver is estimated at £89,390 (95% uncertainty interval £44,896 to £145,508); the …
Persistent link: https://www.econbiz.de/10012600968
In a world increasingly globalized, multiple language skills can create more employment opportunities. Several countries include language training programs in active labor market programs for the unemployed. We analyze the effects of a language training program on the re-employment probability...
Persistent link: https://www.econbiz.de/10011950739
In this paper, we build a new test of rational expectations based on the marginal distributions of realizations and subjective beliefs. This test is widely applicable, including in the common situation where realizations and beliefs are observed in two different datasets that cannot be matched....
Persistent link: https://www.econbiz.de/10011951089
technological advancements including horizontal drilling and hydraulic fracturing. Increased energy development likely creates both …
Persistent link: https://www.econbiz.de/10011455295
This paper examines local labor market outcomes from an oil and gas boom in Texas. We examine two main outcomes across gender, race, and ethnicity: the probability of employment in the oil and gas industry and the log wages of workers employed outside the oil and gas industry. We find that men...
Persistent link: https://www.econbiz.de/10012015844
The economic expansion witnessed in the last 0,08% of modern human history is an anomalous event. It has been compared to a "rocket ship that took off five seconds ago, and nobody knows where it's going." This paper explores the destiny of this rocket ship. It shows that economic growth cannot...
Persistent link: https://www.econbiz.de/10014279848
uncertainty of remittance income inflows affects the accumulation of human, physical and financial assets of Mexican households …, while accounting for the level of transfers from family abroad. We find that both the level and the uncertainty of … income hypothesis and theories of precautionary saving, a one standard deviation increase in the uncertainty of remittance …
Persistent link: https://www.econbiz.de/10010250041
surge in the stock market would be self-correcting. Recent papers have discussed the role of "uncertainty" and its … measurement in influencing economic decisions. They attempt to measure uncertainty by indexes of volatility of the stock market …, GDP, forecaster disagreement, mentions of uncertainty in news media, and the dispersion of productivity shocks to firms …
Persistent link: https://www.econbiz.de/10011543578