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This paper reviews some of the most popular policy evaluation methods in empirical microeconomics: social experiments … evaluation literature. A workhorse simulation model of education returns is used throughout the paper to discuss and illustrate …
Persistent link: https://www.econbiz.de/10013324816
problem as well as in a real payoff money-burning experiment that can inform our understanding of moral preferences and … antisocial behavior. Choices in both environments respond to incentives (i.e., the relative price of the ethical decision …
Persistent link: https://www.econbiz.de/10012915721
Many governments wish to assess the quality of their universities. A prominent example is the UK's new Research Excellence Framework (REF) 2014. In the REF, peer-review panels will be provided with information on publications and citations. This paper suggests a way in which panels could choose...
Persistent link: https://www.econbiz.de/10013096771
This paper studies the determinants of youth emigration decisions, which is considered to be one of the main causes of 'Brain Drain' in Arab Mediterranean Countries (AMCs). We focus on the case of Lebanon using a unique dataset covering young people aged 15 to 29 from the year 2016. The aim of...
Persistent link: https://www.econbiz.de/10012964999
assumptions which are consistent with economic theory, e.g. log-normally distributed consumption preferences, the Bayesian method …
Persistent link: https://www.econbiz.de/10013106296
We develop a parametrization of the multinomial probit model that yields greater insight into the underlying decision …
Persistent link: https://www.econbiz.de/10012946584
Much of the political economy analysis of reform focuses on the conflict of interest between groups that stand to gain or lose from the competing policy proposals. In reality, there is also a lot of disagreement about the working of the policy: in addition to conflicting interests, conflicting...
Persistent link: https://www.econbiz.de/10013155704
Our research addresses fundamental long - standing concerns in the compensating wage differentials literature and its public policy implications: the econometric properties of estimates of the value of statistical life (VSL) and the wide range of such estimates from about $0.5 million to about...
Persistent link: https://www.econbiz.de/10013316766
This paper accounts for the value of children and future generations in the evaluation of health policies. This is … evaluation of current policies. Our model clarifies a series of puzzles from the literature on the "value of life" and on …
Persistent link: https://www.econbiz.de/10013317066
individual models presented in his theory of marriage. Decision-making models assuming independent individual household members …Much of the recent literature in household economics has been critical of unitary models of household decision … discusses another alternative: independent individual models of decision-making that don't make any specific assumptions of …
Persistent link: https://www.econbiz.de/10013139037