Showing 1 - 10 of 90
This high-stakes experiment investigates the effect on buyers of mandatory disclosures concerning an insurance policy's value for money (the claims ratio) and the seller's commission. These information disclosures have virtually no effect despite most buyers claiming to value such information....
Persistent link: https://www.econbiz.de/10013139875
We provide novel evidence on the effectiveness of mandated changes in Russian transparency and disclosure (henceforth T&D) rules in boosting shareholder welfare. We focus on the staggered implementation of these T&D reforms initiated in 2002 and implemented during 2003-07. Using difference in...
Persistent link: https://www.econbiz.de/10012993932
The Australian Government launched the My School website in 2010 to provide standardised information about the quality of schools to the Australian public. This paper combines data from this website with home sales data for the state of Victoria to estimate the effect of the publication of...
Persistent link: https://www.econbiz.de/10012966818
We investigate in a laboratory setting whether revealing information on the intelligence of both players affects behavior in repeated games. We study the Prisoners' Dilemma (PD) and Battle of Sexes (BoS) as they cover a large set of the interesting scenarios generated by repeated games of two...
Persistent link: https://www.econbiz.de/10014080121
Does the introduction of corporate transparency and disclosure rules in emerging economies affect compliance, and therefore earnings quality and firm performance? We explore these questions for an important emerging economy, Russia, using a natural experiment, the 2002 introduction of Russian...
Persistent link: https://www.econbiz.de/10013406446
We develop the case of two-stage least squares estimation (2SLS) in the general framework of Athey et al. (Generalized Random Forests, Annals of Statistics, Vol. 47, 2019) and provide a software implementation for R and C++. We use the method to revisit the classic application of instrumental...
Persistent link: https://www.econbiz.de/10012825001
We show that the OLS and fixed‐effects (FE) estimators of the popular difference-in-differences model may deviate when there is time varying panel non-response. If such non-response does not affect the common-trend assumption, then OLS and FE are consistent, but OLS is more precise. However,...
Persistent link: https://www.econbiz.de/10013012023
This paper investigates the male wage inequality and its evolution over the 1994-2002 period in Turkey by estimating … Mincerian wage equations using OLS and quantile regression techniques. Male wage inequality is high in Turkey. While it declined …
Persistent link: https://www.econbiz.de/10013131425
on key macro variables such as consumption, investment, imports and income in Turkey. The estimated impact and dynamic …
Persistent link: https://www.econbiz.de/10013134982
This study exposes a comparative treatment of the private returns to education in Palestine and Turkey over the period … different sectors of employment. The results suggest that returns to schooling are higher for Turkey at the various levels of … than 2004 levels for all levels of education; the pattern is less obvious for Turkey across the various levels. However …
Persistent link: https://www.econbiz.de/10013121333