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We study a unique grading policy at a large US public university allowing students to mask their letter grades into a "Pass", after having observed their original grade. Using administrative transcript records, we find that female students are substantially less likely to mask their grades than...
Persistent link: https://www.econbiz.de/10013477257
service. Three empirical findings emerge: First, the overall employment size of women-owned businesses shrank more than men …-owned businesses after the pandemic outbreak; second, women were more likely than men to cut personal expenditures and use government … service areas of both incumbents and entrants shrinking over time. These results have implications for policies on women …
Persistent link: https://www.econbiz.de/10013465460
This policy brief on women in entrepreneurship was produced by the OECD and the European Commission. It explores the … that their policies help women to participate in the labour market. This policy brief is part of a series of documents …
Persistent link: https://www.econbiz.de/10011877011
We deliver one month's average profit to a randomly selected group of female microenterprise owners in the Kenyan slum of Dandora, just preceding with the exponential growth of COVID-19 cases. Firm profit, inventory spending, and food expenditures all increase. The transfers simultaneously cause...
Persistent link: https://www.econbiz.de/10012433415
We present a self-consistent model for explosive financial bubbles, which combines a mean-reverting volatility process … correctly identifies the bubbles ending in Oct. 1987, in Oct. 1997, in Aug. 1998 and the ITC bubble ending on the first quarter … diagnostic for the duration of bubbles: applied to the period before Oct. 1987 crash, there is clear evidence that the bubble …
Persistent link: https://www.econbiz.de/10003970340
We outline a dynamic stochastic general equilibrium (DSGE) model with trend extrapo-lation in asset pricing that we fit to quarterly U.S. macroeconomic time series with Baye-sian techniques. To be more precise, we modify the DSGE model in Smets and Wouters (2007) by incorporating asset traders...
Persistent link: https://www.econbiz.de/10009151734
Using aggregate quarterly data for the period 1975q1-2010q4, I find that the US housing market changed from a stable regime with prices determined by fundamentals, to a highly unstable regime at the beginning of the previous decade. My results indicate that these imbalances could have been...
Persistent link: https://www.econbiz.de/10009704286
We present a hybrid model for diagnosis and critical time forecasting of real estate bubbles. The model combines two … that the model is able to forecast the end of the bubbles and to identify variables highly relevant during the bubble …
Persistent link: https://www.econbiz.de/10010411858
provide an early warning identification of bubbles. Estimating the FTS-GARCH on well-known historical bubble episodes suggest … the possibility to diagnose in real-time the presence of bubbles in financial time series. Minskian dynamics ; financial … bubbles ; positive feedback ; financial accelerator ; generalized FTS-GARCH …
Persistent link: https://www.econbiz.de/10009561751
The USAGE model for the United States is used to quantify economic costs due to stock mispricing, made operational by shocking Tobin’s q. The simulations quantify a potentially large impact even in the most favorable environment, where export demand holds up, and, the dollar is pro-cyclical. A...
Persistent link: https://www.econbiz.de/10009411626