Nominal rigidities have an important role in macro models used for the analysis of monetary policy. Recently, attractive prices (also known as price points) have often been referred to as one important potential explanation of nominal rigidities. An increased interest on attractive prices as an...

This paper investigates the effect of delinquency in youth on subsequent educational attainment. To do so, we focus on delinquent acts committed by age 16 and examine their impact on two measures of educational attainment: high school graduation and college graduation. Using information on males...

There is a strong correlation between the preferences and beliefs of parents and their children. Also, children of more educated parents tend to have different preferences and beliefs than those of less educated parents. However, evidence on whether education influences adults' preferences...

While developing countries have made some progress in achieving human development since the turn of the century, many are still lagging behind in important human development goals such as education, health, nutrition and access to clean drinking water and improved sanitation. Moreover, gender...

Using a student evaluation of teaching instrument, students were given the opportunity to evaluate instructors at the beginning and end of the semester. Previous research suggests that end of semester evaluations reflect initial expectations formed at the beginning of the course or even prior to...

This paper assesses the effect of two stylized and antithetic non-monetary incentive schemes on students’ effort. We collect data from a field experiment where incentives are exogenously imposed, performance is monitored and individual characteristics are observed. Students are randomly...

The topic of the Federal Reserve’s (the Fed’s) implementation of monetary policy has a significant presence in economics textbooks as well as standards and guidelines for economics instruction. This presence likely reflects the fact that it is the implementation framework that helps ensure...

This paper presents new evidence on the effects of class attendance on academic performance. We analyze survey data collected for an Introductory Macroeconomics course at “G. D’Annunzio” University of Chieti and Pescara (Italy) in the academic year 2004-2005, matched to administrative...

It persists in part of the literature that there are two monetary policy models: the monetary base-focused model (aka the money multiplier model/strict money-rule model) and the interest rate-focused model. The former only exists in theory because its implementation (for brief periods in a few...

The present study brings together two research streams in the extant literature that examine separately the effectiveness of using experiments in the principles classroom and the relationship between different personality types and student achievement. Using a sample of 255 principles of...