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Does Wealth Inhibit Criminal Behavior? Evidence from Swedish Lottery Winners and Their Children

Cesarini, David; Lindqvist, Erik; Östling, Robert; … - National Bureau of Economic Research - 2023

There is a well-established negative gradient between economic status and crime, but its underlying causal mechanisms are not well understood. We use data on four Swedish lotteries matched to data on criminal convictions to gauge the causal effect of financial windfalls on player's own crime and...

Persistent link: https://www.econbiz.de/10014447283

Business Failures by Branch of Business in the United States, 1895 to 1935 : A Statistical History

Richardson, Gary; Angel, Marco del; Gou, Michael - National Bureau of Economic Research - 2024

Dun's Review began publishing monthly data on bankruptcies by branch of business during the 1890s. Those series evolved through many iterations. This essay reconstructs the series from 1895 to 1935 and discusses how it can be used for economic analysis

Persistent link: https://www.econbiz.de/10015072870

A Tale of Two Cities : Cross-Border Casino Competition Between Detroit and Windsor

Chang, Juin-Jen - 2017

gambler tax surcharge to maximize social welfare. We show that cross-border casino gambling makes aggregate casino demand more … elastic despite the addictive nature of gambling. While a lower commuting cost favors a cross-border casino in a city with a … weaker taste for gambling, the positive scale effect of its own population may be offset by a negative effect on cross …

Persistent link: https://www.econbiz.de/10012453744

What is a Patent Worth? Evidence from the U.S. Patent “Lottery”

Farre-Mensa, Joan - 2017

We provide evidence on the value of patents to startups by leveraging the random assignment of applications to examiners with different propensities to grant patents. Using unique data on all first-time applications filed at the U.S. Patent Office since 2001, we find that startups that win the...

Persistent link: https://www.econbiz.de/10012455413

Parental Resources and College Attendance : Evidence from Lottery Wins

Bulman, George - 2016

We examine more than one million children whose parents won a state lottery to trace out the effect of financial resources on college attendance. The analysis links the universe of federal tax records to federal financial aid records and leverages substantial variation in the size and timing of...

Persistent link: https://www.econbiz.de/10012456001

What Can We Learn from Charter School Lotteries?

Chabrier, Julia - 2016

We take a closer look at what we can learn about charter schools by pooling data from lottery-based impact estimates of the effect of charter school attendance at 113 schools. On average, each year enrolled at one of these schools increases math scores by 0.08 standard deviations and...

Persistent link: https://www.econbiz.de/10012456287

The Effect of Wealth on Individual and Household Labor Supply : Evidence from Swedish Lotteries

Cesarini, David - 2015

We study the effect of wealth on labor supply using the randomized assignment of monetary prizes in a large sample of Swedish lottery players. We find winning a lottery prize modestly reduces labor earnings, with the reduction being immediate, persistent, and similar by age, education, and sex....

Persistent link: https://www.econbiz.de/10012456909

Leveraging Lotteries for School Value-Added : Testing and Estimation

Angrist, Joshua - 2015

Conventional value-added models (VAMs) compare average test scores across schools after regression-adjusting for students' demographic characteristics and previous scores. This paper tests for VAM bias using a procedure that asks whether VAM estimates accurately predict the achievement...

Persistent link: https://www.econbiz.de/10012456922

Research Design Meets Market Design : Using Centralized Assignment for Impact Evaluation

Abdulkadiroglu, Atila - 2015

A growing number of school districts use centralized assignment mechanisms to allocate school seats in a manner that reflects student preferences and school priorities. Many of these assignment schemes use lotteries to ration seats when schools are oversubscribed. The resulting random assignment...

Persistent link: https://www.econbiz.de/10012456965

Windfall Gains and Stock Market Participation

Briggs, Joseph S. - 2015

We estimate the causal effect of wealth on stock market participation using administrative data on Swedish lottery players. A $150,000 windfall gain increases stock ownership probability among pre-lottery non-participants by 12 percentage points, while pre-lottery stock holders are unaffected....

Persistent link: https://www.econbiz.de/10012456996

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