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We estimate the equilibrium effects of a public-school grant program administered through school councils in Pakistani villages with multiple public and private schools and clearly defined catchment boundaries. The program was randomized at the village-level, allowing us to estimate its causal...
Persistent link: https://www.econbiz.de/10014226126
We use new administrative data that links detailed information on Canadian student loan recipients with their repayment and income histories from the Canada Student Loans Program (CSLP), income tax filings, and post-secondary schooling records to measure the extent to which student borrowers...
Persistent link: https://www.econbiz.de/10013477283
The paper studies the impact of financial aid on long-term educational attainment and labor market outcomes in Colombia. In 2014, the government launched a large-scale and generous student loan program called "Ser Pilo Paga." It offered full tuition coverage to students admitted to one of 33...
Persistent link: https://www.econbiz.de/10014372494
Employment and participation rates for US prime age women rose steadily during the second half of the 20th century. In … the last 30 years, however, those rates stagnated, even as employment and participation rates for women in other … COVID-19 pandemic reduced employment more for women than for men and raised the barriers to female participation due to the …
Persistent link: https://www.econbiz.de/10014437047
Among political practitioners, there is conventional wisdom about the outcomes of critical and salient legislative votes. 'This vote,' we hear, ' will either win by a little or lose by a lot.' Real-world examples suggest coalition leaders purchase 'hip-pocket' votes and "if you need me" pledges,...
Persistent link: https://www.econbiz.de/10012471442
We demonstrate that personal connections amongst politicians have a significant impact on the voting behavior of U … consistent predictors of voting behavior. For the former, we estimate sharp measures that control for common characteristics of … networks on voting. We find that the effect of alumni networks is close to 60% of the size of the effect of state …
Persistent link: https://www.econbiz.de/10012462219
This paper studies the information content and consequences of third-party voting advice issued during proxy contests …. We find that voting advice is a good predictor of contest outcomes and that vote recommendations appear to certify the …
Persistent link: https://www.econbiz.de/10012463507
Democratic systems are built, with good reason, on majoritarian principles, but their legitimacy requires the protection of strongly held minority preferences. The challenge is to do so while treating every voter equally and preserving aggregate welfare. One possible solution is <i>Storable Votes</i>:...
Persistent link: https://www.econbiz.de/10012464542
This paper presents the first empirical analysis of the impact of Parliamentary immunity on the behavior and performance of politicians. Leveraging a Constitutional Amendment, the adoption of which lifted the immunity of 132 of the 550 members of the Turkish Parliament, we find that losing...
Persistent link: https://www.econbiz.de/10012496085
We generalize the War of Attrition model to allow for N + K firms competing for N prizes. Two special cases are of particular interest. First, if firms continue to pay their full costs after dropping out (as in a standard-setting context), each firm's exit time is independent both of K and of...
Persistent link: https://www.econbiz.de/10012472956