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Causes and consequences of student-college mismatch
Hendricks, Lutz; Koreshkova, Tatyana; Leukhina, Oksana - 2022
Persistent link: https://www.econbiz.de/10013447846
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College access and intergenerational mobility
Hendricks, Lutz; Koreshkova, Tatyana; Leukhina, Oksana - 2024
Persistent link: https://www.econbiz.de/10015070193
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An equilibrium model of habitat conservation under uncertainty and irreversibility
Di Corato, Luca; Moretto, Michele; Vergalli, Sergio - 2010
In this paper stochastic dynamic programming is used to investigate habitat conservation by a multitude of landholders under uncertainty about the value of environmental services and irreversible development. We study land conversion under competition on the market for agricultural products when...
Persistent link: https://www.econbiz.de/10008780408
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The finance uncertainty multiplier
Alfaro, Iván; Bloom, Nicholas; Lin, Xiaoji - 2018
We show how real and financial frictions amplify the impact of uncertainty shocks. We build a model with real frictions, and find adding financial frictions roughly doubles the impact of uncertainty shocks. Higher uncertainty alongside financial frictions induces the standard real-options...
Persistent link: https://www.econbiz.de/10011895833
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Best and brightest? : the impact of student visa restrictiveness on who attends college in the US
Chen, Mingyu; Howell, Jessica; Smith, Jonathan - 2020
Persistent link: https://www.econbiz.de/10012214466
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Anatomy of lifetime earnings inequality : heterogeneity in job ladder risk vs. human capital
Karahan, Fatih; Ozkan, Serdar; Song, Jae - 2022
Persistent link: https://www.econbiz.de/10012803480
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Risk preference and child labour : econometric evidence
Frempong, Raymond Boadi; Stadelmann, David - 2020
is a function of the risk preference of the household head. This paper estimates the effect of parental risk preference … on child labour decisions in the household using recall information on child labour and a risk elicitation question. We … address endogeneity issues by applying an instrumental variable estimation technique. We find that risk-averse households are …
Persistent link: https://www.econbiz.de/10012200935
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Human capital risk and portfolio choices : evidence from university admission discontinuities
D'Astous, Philippe; Shore, Stephen H. - 2022
Persistent link: https://www.econbiz.de/10013328241
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The value of flexibility in the Italian water service sector : a real option analysis
D'Alpaos, Chiara; Moretto, Michele - 2004
We analyze the optimal investment strategy of a monopolist which has subscribed a concession contract to provide a public utility, i.e. water service. We present a strategic model in which a monopolist chooses both the timing of the investment and the capacity. We focus not only on the value of...
Persistent link: https://www.econbiz.de/10011607043
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Bidding for conservation contracts
Di Corato, Luca; Dosi, Cesare; Moretto, Michele - 2014
account for the risk of opportunistic behavior could lead to the choice of sellers who will not provide the contracting agency …
Persistent link: https://www.econbiz.de/10010380650