Showing 1 - 10 of 82
motives, the roles and the consequences of the Jesuits as agents of information regarding China affected the European … and transmission of information. It finds that economic progress and political consolidation in Europe did result in a …
Persistent link: https://www.econbiz.de/10005870547
This paper presents a new method to detect informed trading activities in the options markets.An option trade is identified as informed when it is characterized by an unusual largeincrement in open interest and volume, induces large gains, and is not hedged in the stock market.For the period...
Persistent link: https://www.econbiz.de/10005868704
We develop a new theory of international capital flows based on dispersed in-formation across individual investors …-standing asset price behavior. We introduce information dispersion into an openeconomy dynamic general equilibrium portfolio choice … model, and emphasize twoimplications for capital flows that are speci…c to the presence of dispersed infor-mation. First …
Persistent link: https://www.econbiz.de/10005868844
We study same-sex role model effects of teachers with a meta-analysis and our own study of three million students in 90 countries. Both approaches show that role model effects on performance are, on average, small: 0.030 SD in the meta-analysis and 0.015 SD in our multi-country study. Going...
Persistent link: https://www.econbiz.de/10014333777
This paper examines pre-colonial interaction among polities along the Konkan coast, from Surat to Goa, during the long half-century c.1680-1756. Specifically it uses the dynasty of the Angrias, who were deemed pirates by the European powers but were actually an integral part of the Maratha...
Persistent link: https://www.econbiz.de/10005870387
Unemployment immediately upon graduation is associated with substantial and permanent future earnings losses. Even for very short unemployment spells the estimated earnings losses are statistically significant. These results are stable for the inclusion of a rich set of observable control...
Persistent link: https://www.econbiz.de/10010273933
A substantial share of university instruction happens in tutorial sessions - small group instruction given parallel to lectures. In this paper, we study whether instructors with a higher academic rank teach tutorials more effectively in a setting where students are randomly assigned to tutorial...
Persistent link: https://www.econbiz.de/10011969204
This paper studies how a student's ordinal achievement rank affects performance and specialization choices in university. We exploit data from a setting where students are randomly assigned to teaching sections and find that students with a higher rank in their section achieve higher grades,...
Persistent link: https://www.econbiz.de/10011969211
Over the last decades, productivity in the tradable sector rose substantially, while in the non-tradable sector, output per worker has remained the same, despite a similar increase in human capital in both sectors. This paper emphasizes that duality in higher education as well as heterogeneous...
Persistent link: https://www.econbiz.de/10012057419
This paper sheds a new perspective on models of migration by integrating in a same structure the decisions about education and work; and by incorporating return migration with "brain waste". Brain waste is defined as the depreciation, due to migration, in the human capital acquired in the home...
Persistent link: https://www.econbiz.de/10012057424