We consider a difference-in-differences setting with a continuous outcome, such as wages or expenditure. The standard practice is to take its logarithm and then interpret the results as an approximation of the multiplicative treat- ment effect on the original outcome. We argue that a researcher...

The UK Government enacted simplification of its tax credit system in 2003. An interesting consequence of the reform is that tax credit payments were split between partners in couples, causing a rare wallet to purse transfer. This paper presents evidence on the effects of the reform on family...

We consider a difference-in-differences setting with a continuous outcome, such as wages or expenditure. The standard practice is to take the logarithm of the outcome and then interpret the results as an approximation of the multiplicative treatment effect on the original outcome. We argue that...

Cover -- Title Page -- Copyright -- Contents -- Foreword Paul Fisher -- Foreword Professor Alexander Lipton -- Foreword Rundheersing Bheenick -- Preface -- Acknowledgments -- About the Author -- List of Extract Book Titles -- Part I: Principles of Banking, Finance and Financial Products --...

The EU Action Plan on Financing Sustainable Growth is the most advanced and comprehensive policy agenda on sustainability in the world. But is it going in the right direction? Acting as a bridge between policy and academia, this up-to-date contribution to the global policy debate brings together...

Introduction -- New giants rising -- Leaderless -- The followership story -- Social mobility -- Unique and meaningful -- Equality -- Sustainable impermanence -- Coming together -- Keeping together -- Working together -- A reason to grow