Showing 1 - 10 of 64
outcomes. The UK, Sweden, Canada and the US obtain the highest management scores closely followed by Germany, with a gap to … substantial independence like UK academies and US charters) have significantly higher management scores than regular government …
Persistent link: https://www.econbiz.de/10012457998
This paper studies optimal lockdown policies in a dynamic economy without government commitment. A lockdown imposes a cap on labor supply, which lowers economic output but improves health prospects. A government would like to commit to limit the extent of future lockdowns in order to increase...
Persistent link: https://www.econbiz.de/10012482019
We argue that political distribution risk is an important driver of aggregate fluctuations. To that end, we document significant changes in the capital share after large political events, such as political realignments, modifications in collective bargaining rules, or the end of dictatorships,...
Persistent link: https://www.econbiz.de/10012455035
Randomized controlled trials are increasingly used to evaluate policies. How can we make these experiments as useful as possible for policy purposes? We argue greater use should be made of experiments that identify behavioral mechanisms that are central to clearly specified policy questions,...
Persistent link: https://www.econbiz.de/10012461595
In 2006, the federal government effectively uncapped student borrowing for graduate programs with the introduction of the Graduate PLUS loan program. Access to additional federal loans increased graduate students' borrowing and shifted the composition of their loans from private to federal debt....
Persistent link: https://www.econbiz.de/10014287392
This paper assesses the potential impact of FinTech on the finance industry, focusing on financial stability and access to services. I document first that financial services remain surprisingly expensive, which explains the emergence of new entrants. I then argue that the current regulatory...
Persistent link: https://www.econbiz.de/10012456201
We design and experimentally evaluate two low-cost, scalable interventions - an online preparatory module and a text-message coaching program - in a sample of over 3,000 undergraduate students at a large Canadian university. Supplementing administrative data on academic outcomes with a unique...
Persistent link: https://www.econbiz.de/10012480645
We use new data on manufacturing in Canada to quantify the impact of globalization on the growth and composition of … experienced faster growth. Consistent with the literature on economic development in Canada, we find that scale economies …
Persistent link: https://www.econbiz.de/10012481264
This paper documents two COVID-related risks, viral risk and employment risk, and their distributions across the Canadian population. The measurement of viral risk is based on the VSE COVID Risk/Reward Assessment Tool, created to assist policymakers in determining the impacts of economic...
Persistent link: https://www.econbiz.de/10012482100
Canada, including regulations on businesses and gatherings, school closures, travel and self-isolation, and long-term care …, Canada's most populous province. We find that, in the first few weeks after implementation, mask mandates are associated with … could have reduced the weekly number of new cases in Canada by 25 to 40 percent in mid-August, which translates into 700 to …
Persistent link: https://www.econbiz.de/10012482110