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Central exams have been discussed as an incentive to improve educational outcomes. In our paper we study the impact of central exams on labor market outcomes. We explain the quality choice of schools under central and non-central exams and model the resulting students' schooling decisions and...
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Information plays a key role in economics. According to the benchmark neoclassical model, agents require information in … order to optimize their choices. Information, however, is sometimes incomplete or asymmetric in the real world. In this … paper, we investigate the role of information for the labour-leisure choice. We conduct an information experiment wherein we …
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This paper tests whether providing information about the Earned Income Tax Credit (EITC) affects EITC recipients … simple, personalized information about the EITC schedule to half of their clients. We find no significant effects of … information provision on earnings in the subsequent year in the full sample. Further exploration uncovers evidence of …
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