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Taking PISA Seriously : How Accurate are Low Stakes Exams?

Akyol, Pelin - 2018

PISA is seen as the gold standard for evaluating educational outcomes worldwide. Yet, being a low-stakes exam, students may not take it seriously resulting in downward biased scores and inaccurate rankings. This paper provides a method to identify and account for non-serious behavior in...

Persistent link: https://www.econbiz.de/10012912512

The Heterogeneous State of Modern Macroeconomics : A Reply to Solow

Chari, Varadarajan V. - 2008

Robert Solow has criticized our 2006 Journal of Economic Perspectives essay describing quot;Modern Macroeconomics in Practice.quot; Solow eloquently voices the commonly heard complaint that too much macroeconomic work today starts with a model with a single type of agent. We argue that modern...

Persistent link: https://www.econbiz.de/10012773216

The Use and Misuse of Income Data and Extreme Poverty in the United States

Meyer, Bruce - 2019

Recent research suggests that rates of extreme poverty, commonly defined as living on less than $2/person/day, are high and rising in the United States. We re-examine the rate of extreme poverty by linking 2011 data from the Survey of Income and Program Participation and Current Population...

Persistent link: https://www.econbiz.de/10012869067

The Science of Using Science : Towards an Understanding of the Threats to Scaling Experiments

Al-Ubaydli, Omar - 2019

Policymakers are increasingly turning to insights gained from the experimental method as a means of informing public policies. Whether—and to what extent—insights from a research study scale to the level of the broader public is, in many situations, based on blind faith. This scale-up...

Persistent link: https://www.econbiz.de/10012870064

Double-Counting of Investment

Barro, Robert J. - 2019

The national-income accounts double-count investment, which enters once when it occurs and again in present value as rental income on added capital. The double-counting implies over-statement of levels of GDP and national income. Across countries, those with higher propensities to invest...

Persistent link: https://www.econbiz.de/10012870726

Researchers' Degrees-of-Flexibility and the Credibility of Difference-in-Differences Estimates : Evidence from the Pandemic Policy Evaluations

Weill, Joakim; Stigler, Matthieu; Deschênes, Olivier; … - 2022

The COVID-19 pandemic brought unprecedented policy responses and a large literature evaluating their impacts. This paper re-examines this literature and investigates the role of researchers' degrees-of-flexibility on the estimated effects of mobility-reducing policies on social-distancing...

Persistent link: https://www.econbiz.de/10013311882

Changes in Marriage and Divorce as Drivers of Employment and Retirement of Older Women

Olivetti, Claudia - 2016

Participation (SIPP). We then exploit variation in laws governing divorce across states and over time to quasi … divorce significantly increases the probability of full-time employment later in life, and significantly decreases retirement … does not impact full-time employment after age 50 but is positively associated with investment in education post marriage …

Persistent link: https://www.econbiz.de/10012981100

The Time Variation in Risk Appetite and Uncertainty

Bekaert, Geert - 2019

We develop measures of time-varying risk aversion and economic uncertainty that are calculated from financial variables …

Persistent link: https://www.econbiz.de/10012889979

Early Admissions at Selective Colleges

Avery, Christopher; Levin, Jonathan - 2021

Early admissions is widely used by selective colleges and universities. We identify some basic facts about early admissions policies, including the admissions advantage enjoyed by early applicants and patterns in application behavior, and propose a game-theoretic model that matches these facts....

Persistent link: https://www.econbiz.de/10013218397

What Explains Temporal and Geographic Variation in the Early Us Coronavirus Pandemic?

Allcott, Hunt; Boxell, Levi; Conway, Jacob; Ferguson, Billy - 2021

We provide new evidence on the drivers of the early US coronavirus pandemic. We combine an epidemiological model of disease transmission with quasi-random variation arising from the timing of stay-at-home-orders to estimate the causal roles of policy interventions and voluntary social...

Persistent link: https://www.econbiz.de/10013221957