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Measuring average differences in an outcome across racial or ethnic groups is a crucial first step for equity assessments, but researchers often lack access to data on individuals' races and ethnicities to calculate them. A common solution is to impute the missing race or ethnicity labels using...
Persistent link: https://www.econbiz.de/10014528352
surprisingly little is known about how to achieve these outcomes. In this paper, we estimate causal effects of additional education … combat climate change. Results show a year of education increases pro-climate beliefs, behaviors, most policy preferences …
Persistent link: https://www.econbiz.de/10014247920
Immigrants contribute disproportionately to entrepreneurship in many countries, accounting for a quarter of new … are immigrants. We utilize the Annual Business Survey to quantify the greater rates of patenting and innovation in … immigrant-founded firms. This higher propensity towards innovation is only partly explained by differences in education levels …
Persistent link: https://www.econbiz.de/10014544679
Whether contemporary households consider the race of their neighbors when choosing a neighborhood is controversial. We study neighborhood choice using a novel research design that contrasts the move rate of homeowners who receive a new different-race neighbor nearby to that of homeowners who...
Persistent link: https://www.econbiz.de/10013388843
We examine the role of consumption externalities in the demand for pharmaceuticals at both the brand level and over a … equations describing the dynamic adjustment process. We find that consumption externalities influence both valuations and rates …
Persistent link: https://www.econbiz.de/10012470978
capital gain position of the fund. This paper's simulations show that these externalities are important determinants of the …
Persistent link: https://www.econbiz.de/10012471098
externalities', an increase in the size of the market brings forth additional products valued by others with similar tastes. But who … benefits whom? We examine the patterns of and mechanisms for preference externalities between black and white and between … preference externalities are large and positive within groups, they are small and possibly negative across groups. For example …
Persistent link: https://www.econbiz.de/10012471394
This paper discusses the environmental externalities that are commonly found in the developing world (the environmental …
Persistent link: https://www.econbiz.de/10012471479
A common feature of federal systems is that tax bases are joint property. Consequently, state and federal tax setting decisions are interdependent. Our aim here is to put forward a rudimentary theoretical analysis of this phenomenon, and to use the theory as a framework for econometrically...
Persistent link: https://www.econbiz.de/10012471813
The paper develops a general methodology for analyzing policies with path-dependency (hysteresis) in stochastic models with forward looking optimizing agents. Our main application is a macro-climate model with a path-dependent climate externality. We derive in closed form the dynamics of the...
Persistent link: https://www.econbiz.de/10012510590