Showing 1 - 10 of 2,486
from Sweden. Our empirical strategy exploits exogenous variation in parental incarceration from the random assignment of … parents with young children may increase the intergenerational persistence of poverty and criminal behavior, even in affluent …
Persistent link: https://www.econbiz.de/10012930351
We consider nonparametric identification and estimation in a nonseparable model where a continuous regressor of … endogenous assignment variable (like previous earnings). We provide new results on identification and estimation for these … unemployment insurance benefits on the duration of joblessness in Austria, where the benefit schedule has kinks at the minimum and …
Persistent link: https://www.econbiz.de/10013097659
) extensions can be used as instrumental variables (IV) for unemployment duration. Using a regression discontinuity design, the … substantial negative effects of unemployment duration on wages of 0.8% per month …
Persistent link: https://www.econbiz.de/10013071300
Studies of risk preference have empirically established two regularities that are inconsistent with the canonical expected utility model: (1) risk aversion over small gambles greatly exceeds risk aversion over larger stakes and (2) insurance buyers play the lottery. This paper characterizes risk...
Persistent link: https://www.econbiz.de/10012785960
duration (PBD) on reservation wages and on other dimensions of job selectivity, using a difference-in-difference strategy. We … of hours, duration of labor contract and commuting time/distance. The estimated elasticity of actual benefit duration …
Persistent link: https://www.econbiz.de/10012956405
Medicare does not pay for a skilled nursing facility (SNF) unless a fee-for-service patient has stayed in the hospital for at least three days. Discharges after the three-day cutoff consistently result in more transfers to SNFs. Using the three-day rule as an instrument, we find that SNF...
Persistent link: https://www.econbiz.de/10012911459
We propose that financial institutions can act as asset insulators, holding assets for the long run to protect their valuations from consequences of exposure to financial markets. We demonstrate the empirical relevance of this theory for the balance sheet behavior of a large class of...
Persistent link: https://www.econbiz.de/10012911716
We provide new evidence on the effect of the unemployment insurance (UI) weekly benefit amount on unemployment insurance spells based on administrative data from the state of Missouri covering the period 2003-2013. Identification comes from a regression kink design that exploits the...
Persistent link: https://www.econbiz.de/10012937543
It is well known that unemployment benefits raise unemployment durations. This result has traditionally been interpreted as a substitution effect caused by a distortion in the price of leisure relative to consumption, leading to moral hazard. This paper questions this interpretation by showing...
Persistent link: https://www.econbiz.de/10012761906
for the vacancy, and the duration of the vacancy. We find that the wage is positively related to the duration of a vacancy …
Persistent link: https://www.econbiz.de/10012977631