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Each week, the Dutch Postcode Lottery (PCL) randomly selects a postal code, and distributes cash and a new BMWto lottery participants in that code. We study the effects of these shocks on lottery winners and their neighbors.Consistent with the life-cycle hypothesis, the effects on winners’...
Persistent link: https://www.econbiz.de/10010325666
This paper looks into the search behavior of consumers in the market for health insurance contracts. We consider the … recent health insurance reform in The Netherlands, where a private-public mix of insurance provision was replaced by a system … insurance system. This model provides us with a number of hypotheses, which we test using data from the Dutch Health Care …
Persistent link: https://www.econbiz.de/10010326059
This paper looks into the search behavior of consumers in the market for health insurance contracts. We consider the … recent health insurance reform in The Netherlands, where a private-public mix of insurance provision was replaced by a system … insurance system. This model provides us with a number of hypotheses, which we test using data from the Dutch Health Care …
Persistent link: https://www.econbiz.de/10014193214
There is a growing interest, notably in development economics, in extending project evaluation methods to the evaluation of multiple interventions (“programs”). In program evaluations one is interested in the aggregate impact of a program rather than the effect on individual beneficiaries....
Persistent link: https://www.econbiz.de/10010325967
presence of selection effects and treatment heterogeneity. As an example we present an estimate of the TPE for a rural water …
Persistent link: https://www.econbiz.de/10010326352
We investigate whether later educational tracking reduced the intergenerational persistence of socioeconomic disparities in mortality in Finland,where the tracking age was raised from 11 to 16 in the 1970s. We use a difference-in-differences approach that exploits the gradual rollout of the...
Persistent link: https://www.econbiz.de/10011662528
It is conceivable that the whether to buy and how much tobuy decisions in the purchasing process of households areinfluenced by the inventory process. In this paper we thereforeput forward a model for consumption, where we rely on establishedeconomic theory. We incorporate this model in a model...
Persistent link: https://www.econbiz.de/10010324771
We propose a consistent utility-based framework to jointly explain a household's decisions on purchase incidence, brand choice and purchase quantity. The approach differs from other approaches, currently available in the literature, as it is able to take into account consumption dynamics. In the...
Persistent link: https://www.econbiz.de/10010324989
There are two important reasons for consumers to spend gift certificates differently than gifts in cash or non-gift income: a) they are forced to change their shopping pattern because of the conditions imposed by the issuer of the certificates, or b) they purposely separate gift certificates...
Persistent link: https://www.econbiz.de/10013113008
We quantify the causal effect of foreign investment on total factor productivity (TFP) using a new global firm-level database. Our identification strategy relies on exploiting the difference in the amount of foreign investment by financial and industrial investors and simultaneously controlling...
Persistent link: https://www.econbiz.de/10010326288