A Poor Means Test? Econometric Targeting in Africa -- by Caitlin Brown,...
Proxy-means testing is a popular method of poverty targeting with imperfect information. In a now widely-used version, a regression for log consumption calibrates a proxy-means test score based on...
View ArticleDisappearing Routine Jobs: Who, How, and Why? -- by Guido Matias Cortes, Nir...
We study the deterioration of employment in middle-wage, routine occupations in the United States in the last 35 years. The decline is primarily driven by changes in the propensity to work in routine...
View ArticleImproving the Quality of Choices in Health Insurance Markets -- by Jason...
Insurance product choice is a central feature of health insurance markets in the United States, yet there is ongoing concern over whether consumers choose appropriately in such markets - and little...
View ArticleThe Demand for Bad Policy when Voters Underappreciate Equilibrium Effects --...
Although most of the political-economy literature blames inefficient policies on institutions or politicians' motives to supply bad policy, voters may themselves be partially responsible by demanding...
View ArticleEvidence on the Relationship between Recruiting and Starting Wage -- by R....
Using data from the Employment Opportunity Pilot Project, we examine the relationship between the starting wage paid to the worker filling a vacancy, the number of applications attracted by the...
View ArticleFracking, Drilling, and Asset Pricing: Estimating the Economic Benefits of...
We quantify the effect of a significant technological innovation, shale oil development, on asset prices. Using stock returns on major news announcement days allows us to link aggregate stock price...
View ArticleThe New Lifecycle of Women's Employment: Disappearing Humps, Sagging Middles,...
A new lifecycle of women's employment emerged with cohorts born in the 1950s. For prior cohorts, lifecycle employment had a hump shape; it increased from the twenties to the forties, hit a peak and...
View ArticleDrug Shortages, Pricing, and Regulatory Activity -- by Christopher Stomberg
This study examines the patterns and causes of shortages in generic non-injectable drugs (e.g., tablets and topicals) in the United States. While shortages for injectable drugs have garnered more...
View ArticleCorrective Policy and Goodhart's Law: The Case of Carbon Emissions from...
Firms sometimes comply with externality-correcting policies by gaming the measure that determines policy. We show theoretically that such gaming can benefit consumers, even when it induces them to make...
View ArticleThe Fading American Dream: Trends in Absolute Income Mobility Since 1940 --...
We estimate rates of "absolute income mobility" - the fraction of children who earn more than their parents - by combining historical data from Census and CPS cross-sections with panel data for recent...
View ArticleBombs and Babies: US Navy Bombing Activity and Infant Health in Vieques,...
We study the relationship between in utero exposure to military exercises and children's early-life health outcomes in a no-war zone. This allows us to document non-economic impacts of military...
View Article5 Tools to Organize Your Research in 2017
When I’m researching my desk looks like a tornado of pdfs hit my computer desktop and blew them clear onto my actual desktop. It’s a mess, but I can’t touch anything or else I won’t know where anything...
View ArticleHigh Returns from Low Risk: A Remarkable Stock Market Paradox
For generations investors have believed that risk and return are inseparable. But is this really true? In High Returns from Low Risk, Pim van Vliet, founder and fund manager of multi-billion...
View ArticleWiley: Plumbers and Visionaries by Peter Norman Selected as the Year’s...
New book! Plumbers and Visionaries by Peter Norman Selected as the Yearâs Most Popular Financ... https://t.co/N5A9DYieDL via @wiley_finance â moneyscienceâ¦
View ArticleWhen Donald Trump Hate-Tweeted Lockheed Martin, Hedge Funds Were Ready
Sentiment, Donald Trump & Lockheed Martin https://t.co/aGptRZNJmN â moneyscience (@moneyscience) December 15, 2016
View ArticleForbes Welcome
Billionaire Dan Loeb's Quant Trading Effort Sparked Legal Battle Over 32-Year-Old Data Scientisthttps://t.co/rEHRLLpnBD â moneyscience (@moneyscience) Decemberâ¦
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A Failure of Insurance Regulation
Credit: Bloomberg || Graph of Penn Treaty’s stock price 2002-2009read more...
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Extreme prices in electricity balancing markets from an approach of...
An increase in energy production from renewable energy sources is viewed as a crucial achievement in most industrialized countries. read more...
View ArticleStratified regression-based variance reduction approach for weak...
In this paper we suggest a modification of the regression-based variance reduction approach recently proposed in Belomestny et al. This modification is based on the stratification technique and allows...
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