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The Incidence of Adverse Selection : Theory and Evidence from Health Insurance Choices

Geruso, Michael; Layton, Timothy; Leive, Adam - National Bureau of Economic Research - 2023

Existing research on selection in insurance markets focuses on how adverse selection distorts prices and misallocates products across people. This ignores the distributional consequences of who pays the higher prices. In this paper, we show that the distributional incidence depends on the...

Persistent link: https://www.econbiz.de/10014322822

Which Firms Gain from Digital Advertising? Evidence from a Field Experiment

Dai, Weijia; Kim, Hyunjin; Luca, Michael - National Bureau of Economic Research - 2023

Measuring the returns of advertising opportunities continues to be a challenge for many businesses. We design and run a field experiment in collaboration with Yelp across 18,294 firms in the restaurant industry to understand which types of businesses gain more from digital advertising. We...

Persistent link: https://www.econbiz.de/10014226122

Can Evidence-Based Information Shift Preferences Towards Trade Policy?

Alfaro, Laura; Chen, Maggie Xiaoyang; Chor, Davin - National Bureau of Economic Research - 2023

We investigate the role of evidence-based information in shaping individuals' preferences for trade policies through a … series of survey experiments that contain randomized information treatments. Each treatment provides a concise statement of … from 2018-2022, each administered to a representative sample of the U.S. general population, we find that information …

Persistent link: https://www.econbiz.de/10014287341

Do You Even Crypto, Bro? : Cryptocurrencies in Household Finance

Weber, Michael; Candia, Bernardo; Coibion, Olivier; … - National Bureau of Economic Research - 2023

Bitcoin prices translate into their purchases of durable goods. Finally, exogenously-provided information about historical …

Persistent link: https://www.econbiz.de/10014287385

School Choice

Abdulkadiroğlu, Atila; Andersson, Tommy - National Bureau of Economic Research - 2022

, this market for school seats is cleared via market design solutions grounded in recent advances in matching and mechanism …

Persistent link: https://www.econbiz.de/10013172122

The Subjective Inflation Expectations of Households and Firms : Measurement, Determinants, and Implications

Weber, Michael; D'Acunto, Francesco; Gorodnichenko, Yuriy; … - National Bureau of Economic Research - 2022

Households' and firms' subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households' and firms' economic...

Persistent link: https://www.econbiz.de/10013210074

The Distribution of School Spending Impacts

Jackson, Clement - National Bureau of Economic Research - 2021

We use estimates across all known "credibly causal" studies to examine the distributions of the causal effects of public K12 school spending on test scores and educational attainment in the United States. Under reasonable assumptions, for each of the 31 included studies, we compute the same...

Persistent link: https://www.econbiz.de/10012482732

Does Education Improve Citizenship? Evidence from the U.S. and the U.K

Milligan, Kevin - 2003

between education and voting for the US, but not for the UK. Using the information on validated voting, we find that …

Persistent link: https://www.econbiz.de/10012469116

Early Life Environment and Racial Inequality in Education and Earnings in the United States

Chay, Kenneth Y. - 2014

Chay, Guryan and Mazumder (2009) found substantial racial convergence in AFQT and NAEP scores across cohorts born in the 1960's and early 1970's that was concentrated among blacks in the South. We demonstrated a close tracking between variation in the test score convergence across states and...

Persistent link: https://www.econbiz.de/10012458126

Identification of Non-Additive Fixed Effects Models : Is the Return to Teacher Quality Homogeneous?

Hahn, Jinyong; Singleton, John D.; Yildiz, Neşe - National Bureau of Economic Research - 2023

Panel or grouped data are often used to allow for unobserved individual heterogeneity in econometric models via fixed effects. In this paper, we discuss identification of a panel data model in which the unobserved heterogeneity both enters additively and interacts with treatment variables. We...

Persistent link: https://www.econbiz.de/10014322772