Showing 1 - 10 of 115
effect of weather conditions around the time of birth on the health, education, and socioeconomic outcomes of Indonesian …
Persistent link: https://www.econbiz.de/10012759306
We show how to construct a ranking of U.S. undergraduate programs based on students' revealed preferences. We construct examples of national and regional rankings, using hand-collected data on 3,240 high-achieving students. Our statistical model extends models used for ranking players in...
Persistent link: https://www.econbiz.de/10014069303
In this paper we show that omitted variables and publication bias lead to severely biased estimates of the value of a statistical life. Although our empirical results are obtained in the context of a study of choices about road safety, we suspect that the same issues plague the estimation of...
Persistent link: https://www.econbiz.de/10013132340
We measure and examine data error in health, education and income statistics used to construct the Human Development …
Persistent link: https://www.econbiz.de/10013135405
A review of the literature suggests that when pension values are measured by the wealth equivalent of promised DB pension benefits and DC balances for those approaching retirement, pensions account for more support in retirement than is suggested when their contribution is measured by incomes...
Persistent link: https://www.econbiz.de/10013097779
education rely on achievement tests to measure student skills and knowledge. Yet we know little regarding important properties … allowing for either growth or decay in knowledge and skills between tests as well as variation in the degree of measurement … achievement growth. Estimation only requires descriptive statistics (e.g., correlations) for the tests. When student-level test …
Persistent link: https://www.econbiz.de/10013107477
We provide a new and superior measure of U.S. GDP, obtained by applying optimal signal-extraction techniques to the (noisy) expenditure-side and income-side estimates. Its properties - particularly as regards serial correlation - differ markedly from those of the standard expenditure-side...
Persistent link: https://www.econbiz.de/10013083397
To what extent does "false science" impact the rate and direction of scientific change? We examine the impact of more than 1,100 scientific retractions on the citation trajectories of articles that are related to retracted papers in intellectual space but were published prior to the retraction...
Persistent link: https://www.econbiz.de/10013065177
A growing body of economics research projects the effects of global climate change on economic outcomes. Climate scientists often criticize these articles because nearly all ignore the well-established uncertainty in future temperature and rainfall changes, and therefore appear likely to have...
Persistent link: https://www.econbiz.de/10013067961
Many economic decisions involve a binary choice - for example, when consumers decide to purchase a good or when firms decide to enter a new market. In such settings, agents' choices often depend on imperfect expectations of the future payoffs from their decision (expectational error) as well as...
Persistent link: https://www.econbiz.de/10013075411