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Tinkering Toward Accolades : School Gaming Under a Performance Accountability System
Cullen, Julie Berry - 2010
We explore the extent to which schools manipulate the composition of students in the test-taking pool in order to …
Persistent link: https://www.econbiz.de/10012761350
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Learning About Academic Ability and the College Drop-Out Decision
Stinebrickner, Todd R.; Stinebrickner, Ralph - 2021
We use unique data to examine how college students from low income families form expectations about academic ability … characterize beliefs. At the time of entrance, students tend to substantially discount the possibility of bad grade performance …, students update their beliefs in a manner which takes into account both initial beliefs and new information, with heterogeneity …
Persistent link: https://www.econbiz.de/10013310595
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Do Income Contingent Student Loan Programs Distort Earnings? Evidence from the UK
Britton, Jack - 2019
Government backed income contingent student loans are an increasingly being used to fund higher education. An income contingent repayment plan acts as an incremental marginal tax on labor earnings, which could cause individuals to distort their work effort. This paper uses an administrative...
Persistent link: https://www.econbiz.de/10012870729
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Economists (and Economics) in Tech Companies
Athey, Susan - 2018
As technology platforms have created new markets and new ways of acquiring information, economists have come to play an increasingly central role in tech companies – tackling problems such as platform design, strategy, pricing, and policy. Over the past five years, hundreds of PhD economists...
Persistent link: https://www.econbiz.de/10012910663
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Undergraduate Econometrics Instruction : Through Our Classes, Darkly
Angrist, Joshua D. - 2017
The past half-century has seen economic research become increasingly empirical, while the nature of empirical economic research has also changed. In the 1960s and 1970s, an empirical economist's typical mission was to “explain” economic variables like wages or GDP growth. Applied...
Persistent link: https://www.econbiz.de/10012963183
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Faculty Deployment in Research Universities
Courant, Paul - 2017
Deploying faculty efficiently (or more efficiently) should surely part of any optimizing strategy on the part of a college or university. Basic microeconomics about the “theory of the firm” provide some insight as to how a university would achieve productive efficiency given differences in...
Persistent link: https://www.econbiz.de/10012965950
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Net Worth and Housing Equity in Retirement
Sinai, Todd M. - 2012
This paper documents the trends in the life-cycle profiles of net worth and housing equity between 1983 and 2004. The net worth of older households significantly increased during the housing boom of recent years. However, net worth grew by more than housing equity, in part because other assets...
Persistent link: https://www.econbiz.de/10012755273
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CAPM for Estimating the Cost of Equity Capital : Interpreting the Empirical Evidence
Da, Zhi - 2010
We argue that the empirical evidence against the Capital Asset Pricing Model (CAPM) based on stock returns does not invalidate its use for estimating the cost of capital for projects in making capital budgeting decisions. Since stocks are backed not only by projects in place, but also the...
Persistent link: https://www.econbiz.de/10012757537
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Surprising Comparative Properties of Monetary Models : Results from a New Data Base
Taylor, John B. - 2010
In this paper we investigate the comparative properties of empirically-estimated monetary models of the U.S. economy. We make use of a new data base of models designed for such investigations. We focus on three representative models: the Christiano, Eichenbaum, Evans (2005) model, the Smets and...
Persistent link: https://www.econbiz.de/10012757616
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Reflections on Americans' Views of the Euro Ex Ante
Feldstein, Martin S. - 2010
This paper was prepared for a session of the 2009 American Economic Association meeting devoted to examining the views of American economists about the euro and the European Economic and Monetary Union on the tenth anniversary of the euro. I had written an article in 1992 in the Economist and...
Persistent link: https://www.econbiz.de/10012757919