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We exploit a natural experiment to estimate the causal impact of parental education on educational outcomes of their children when they are high school seniors. In 1968, the Taiwanese government extended compulsory education from 6 to 9 years and opened over 150 new junior high schools at a...
Persistent link: https://www.econbiz.de/10012461783
This paper studies household financial choices: why are these decisions dependent on the education level of the … household? A life-cycle model is constructed to understand a rich set of facts about decisions of households with different …, education affects household finance mainly through increased average income. The estimation also finds evidence that higher …
Persistent link: https://www.econbiz.de/10012457982
This paper studies household financial choices: why are these decisions dependent on the education level of the … household? A life cycle model is constructed to understand a rich set of facts about decisions of households with different …
Persistent link: https://www.econbiz.de/10012459207
detected by high-resolution satellites in China during 2005 to 2011, this paper investigates the impacts of fires on cognitive …
Persistent link: https://www.econbiz.de/10012480149
We study the consequences of month-end lending incentives for Chinese bank managers. Using data from two banks, one state-owned and the other partially privatized, we show a clear increase in lending in the final days of each month, a result of both more loan issuance and higher value per loan....
Persistent link: https://www.econbiz.de/10012480614