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-market frictions and an operative labor supply margin, wherein economic turbulence à la Ljungqvist and Sargent (1998) interact with …
Persistent link: https://www.econbiz.de/10011517164
hardest hit by the subsequent crisis. We present a model where higher turbulence benefits decentralized firms because the … value of local information and urgent action increases. Since turbulence rises in severe downturns, decentralized firms do …
Persistent link: https://www.econbiz.de/10011641565
This paper uses random assignment to estimate the causal impacts on child skills of a widely emulated early childhood home visiting program. We show the feasibility of replicating it at scale. We estimate vectors of latent skills for individual children and compare treatments and controls. The...
Persistent link: https://www.econbiz.de/10013168792
This paper evaluates the causal impacts of an early childhood home visiting program for which treatment is randomly assigned. We estimate multivariate latent skill profiles for individual children and compare treatments and controls. We identify average treatment effects of skills on performance...
Persistent link: https://www.econbiz.de/10012237115