We argue that voters' political support for the ruling party shapes the transmission of fiscal policy measures that require households' action, especially when political polarization is high. We find that the take-up rates of a large-scale Indian loan-guarantee program (Mudra loans) are higher...

Does death teach us wisdom or defy the power of reason? Our paper aims to explore this fundamental question by examining investors’ decision framing in their account-level trading on the National Stock Exchange of India during the early pandemic period. We find that the first reported local...

We study exposure to pollution information and investment portfolio allocations, exploiting the rollout of air quality monitoring stations in India. Using a triple-differences framework, we show that retail investors' investments in "brown" stocks are negatively related to local air pollution...

Measurement error models often arise in epidemiological and clinical research. Usually, in this set up it is assumed that the latent variable has a normal distribution. However, the normality assumption may not be always correct. Skew-normal/independent distribution is a class of asymmetric...

In many biomedical applications, researchers encounter semicontinuous data where data are either continuous or zero. When the data are collected over time the observations may be correlated. Analysis of this kind of longitudinal semicontinuous data is challenging due to the presence of strong...

We investigate the existence and persistence of financial hardship at the household level using data from the British Household Panel Survey. Our modelling strategy makes three important contributions to the existing literature on household finances. Firstly, we model nine different types of...

In this paper, we analyse two frequently used measures of the demand for health care, namely hospital visits and out-of-pocket health care expenditure, which have been analysed separately in the existing literature. Given that these two measures of healthcare demand are highly likely to be...