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Prediction Markets for Economic Forecasting
Snowberg, Erik C. - 2012
Prediction markets – markets used to forecast future events – have been used to accurately forecast the outcome of political contests, sporting events, and, occasionally, economic outcomes. This chapter summarizes the latest research on prediction markets in order to further their...
Persistent link: https://www.econbiz.de/10013103480
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Exponential Growth Bias in the Prediction of Covid-19 Spread and Economic Expectation
Banerjee, Ritwik - 2020
Exponential growth bias (EGB) is the pervasive tendency of people to perceive a growth process as linear when, in fact, it is exponential. In this paper, we document that people exhibit EGB when asked to predict the number of COVID-19 positive cases in the future. The bias is positively...
Persistent link: https://www.econbiz.de/10012823853
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Sudden Stop : When Did Firms Anticipate the Potential Consequences of Covid-19?
Buchheim, Lukas - 2020
COVID-19 hit firms by surprise. In a high frequency, representative panel of German firms, the business outlook declined and business uncertainty increased only when the spread of the COVID-19 pandemic led to domestic policy changes: The announcement of nation-wide school closures on March 13...
Persistent link: https://www.econbiz.de/10012828600
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Five Open Questions About Prediction Markets
Wolfers, Justin; Zitzewitz, Eric - 2021
Interest in prediction markets has increased in the last decade, driven in part by the hope that these markets will prove to be valuable tools in forecasting, decision-making and risk management - in both the public and private sectors. This paper outlines five open questions in the literature,...
Persistent link: https://www.econbiz.de/10013317671
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Beauty is the Promise of Happiness?
Hamermesh, Daniel S. - 2011
.S., Canada, the U.K., and Germany, we construct beauty measures in different ways that allow putting a lower bound on the true …
Persistent link: https://www.econbiz.de/10013127722
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The Intergenerational Transmission of Employers in Canada and Denmark
Bingley, Paul - 2011
Canada and Denmark, with 30 to 40% of young adults having at some point been employed with a firm that also employed their …
Persistent link: https://www.econbiz.de/10013127955
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The Impact of Placing Adolescent Males into Foster Care on Their Education, Income Assistance and Incarcerations
Warburton, William P. - 2011
Understanding the causal impacts of taking youth on the margins of risk into foster care is an element of the evidence-base on which policy development for this crucial function of government relies. Yet, there is little research looking at these causal impacts; neither is there much empirical...
Persistent link: https://www.econbiz.de/10013131415
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Evaluation of the Underground Economy in Quebec : A Microeconomic Approach
Fortin, Bernard - 2011
data from Statistics Canada's Survey of Household Spending. According to our results, Quebec's underground economy amounted …
Persistent link: https://www.econbiz.de/10013131981
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The Production of PhDs in the United States and Canada
Chiswick, Barry R. - 2010
This paper is concerned with the production of PhDs in the United States and Canada in the post-WW II period, overall … have no effect for U.S. females or in Canada. Government expenditures on research and development enhanced PhD production … production in the U.S., but not in Canada. The cyclical indicator, the adult male unemployment rate, has a weak positive effect …
Persistent link: https://www.econbiz.de/10013134990
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Estimating the Returns to Firm-Sponsored On-the-Job and Classroom Training
Dostie, Benoit - 2010
In this paper, we estimate returns to classroom and on-the-job firm-sponsored training in terms of value-added per worker using longitudinal linked employee-employer Canadian data from 1999 to 2006. We estimate a standard production function controlling for endogenous training decisions because...
Persistent link: https://www.econbiz.de/10013136722