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Selected Works

2014

Articles 1 - 10 of 10

Full-Text Articles in Other Economics

Group-Average Observables As Controls For Sorting On Unobservables When Estimating Group Treatment Effects: The Case Of School And Neighborhood Effects, Joseph G. Altonji, Richard K. Mansfield Dec 2014

Group-Average Observables As Controls For Sorting On Unobservables When Estimating Group Treatment Effects: The Case Of School And Neighborhood Effects, Joseph G. Altonji, Richard K. Mansfield

Rick Mansfield

We consider the classic problem of estimating group treatment effects when individuals sort based on observed and unobserved characteristics. Using a standard choice model, we show that controlling for group averages of observed individual characteristics potentially absorbs all the across-group variation in unobservable individual characteristics. We use this insight to bound the treatment effect variance of school systems and associated neighborhoods for various outcomes. Across four datasets, our conservative estimates indicate that a 90th versus 10th percentile school system increases high school graduation and college enrollment probabilities by at least 0.047 and 0.11. Other applications include measurement of teacher value-added.

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How Do Cultural Activities Influence Happiness? The Relation Between Self-Reported Well-Being And Leisure, Maximo Rossi, Victoria Ateca, Mariana Gerstenbluth, Irene Mussio Aug 2014

How Do Cultural Activities Influence Happiness? The Relation Between Self-Reported Well-Being And Leisure, Maximo Rossi, Victoria Ateca, Mariana Gerstenbluth, Irene Mussio

Maximo Rossi

Well-being, measured as self-reported happiness has many determinants, which range from gender to income and political affiliation. When it comes to more or less active ways of participating in cultural activities, leisure has a significant impact in the levels of reported happiness, which is in line with the proposed ideas of Stiglitz et al (2009). We also quantify the likelihood of being more or less happy in relation to different types of leisure activities. Our approach has the advantage that all these cultural activities can be considered at the same time, accounting for the individual impact of each on individual …

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Productividad Investigadora En Las Universidades Públicas Mexicanas: Área De Administración, 2000-2013, Isaac L. Sánchez-Juárez, Norma Martínez Jun 2014

Productividad Investigadora En Las Universidades Públicas Mexicanas: Área De Administración, 2000-2013, Isaac L. Sánchez-Juárez, Norma Martínez

Isaac Sánchez-Juárez

El objetivo principal de este trabajo es determinar la cantidad de artículos en revistas científicas publicados por los investigadores de treinta y dos Instituciones Públicas de Educación Superior (IES) en México para el periodo 2000-2013 del área de administración. Adicional a esto, se evalúa la calidad de las revistas en las cuales publican a través del Factor de Impacto (FI) de las mismas. Se supone que la calidad y competitividad de las IES puede ser medida a través de la productividad investigadora, asumiendo que es por medio de la investigación y su difusión que se cumple con el objetivo de …

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Wage Negotiation Under Good Faith Bargaining, Jesse Schwartz, Quan Wen May 2014

Wage Negotiation Under Good Faith Bargaining, Jesse Schwartz, Quan Wen

Jesse A. Schwartz

We study the wage negotiation model of Haller and Holden (1990) and Fernandez and Glazer (1991) under the "Good Faith Bargaining" (GFB) rule, where a party may not demand more than it has previously demanded. The GFB rule significantly restricts feasible strategies, but at the same time, makes the game non-stationary and the analysis complicated. We introduce a state-dependent backward induction that generalizes Shaked and Sutton (1984) to characterize the equilibrium payoffs. We find that the GFB rule eliminates the union's credibility to strike. Without the strikes, the union's strategic opportunities during disagreement disappear, so that there is a unique …

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Green Technology And Optimal Emissions Taxation, Stuart Mcdonald, Joanna Poyago-Theotoky Feb 2014

Green Technology And Optimal Emissions Taxation, Stuart Mcdonald, Joanna Poyago-Theotoky

Joanna Poyago-Theotoky

We examine the impact of an optimal emissions tax on research and development of emission reducing green technology (E-R&D) in the presence of R\&D spillovers. We show that the size and effectiveness of the optimal emissions tax depends on the type of the R&D spillover: input or output spillover. In the case of R&D input spillovers (where only knowledge spillovers are accounted for), the optimal emissions tax required to stimulate R&D is always higher than when there is an R&D output spillover (where abatement and knowledge spillovers exist simultaneously). We also find that optimal emissions taxation and cooperative R&D complement …

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Salary Determination In The National Hockey League: Restricted, Unrestricted, Forwards, And Defensemen, Kevin Peck Jan 2014

Salary Determination In The National Hockey League: Restricted, Unrestricted, Forwards, And Defensemen, Kevin Peck

Kevin Peck

This thesis will attempt to estimate the relationships between salary and measures of the marginal productivity of hockey players, or performance indicators. Salary determination, as in most other sports leagues, is determined in a labor market. Each player has a marginal revenue product of labor (MRPL) and this MRPL varies from player to player, and from team to team. Firms, in this case teams, seek to add players with a high MRPLin order to increase the quantity and quality of product they sell, in this case wins. Among other things, a player has a MRPLthat will equate to the additional …

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Dimensions Of Subjective Wellbeing, Arie Kapteyn, Jinkook Lee, Caroline Tassot, Hanka Vonkova, Gema Zamarro Dec 2013

Dimensions Of Subjective Wellbeing, Arie Kapteyn, Jinkook Lee, Caroline Tassot, Hanka Vonkova, Gema Zamarro

Gema Zamarro

We use two waves of a population based survey (the RAND American Life Panel) to investigate the relations between various evaluative and experienced well-being measures based on the English Longitudinal Study of Aging, the Gallup Wellbeing Index, and a 12-item hedonic well-being module of the Health and Retirement Study. In a randomized set-up we administered several versions of the survey with different response scales. Using factor analysis, we find that all evaluative measures load on the same factor, but the positive and negative experienced affect measures load on different factors. We find evidence of an effect of response scales on …

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Doing Wrong To Do Right? Social Preferences And Dishonest Behavior, Edward Okeke, Susan Godlonton Dec 2013

Doing Wrong To Do Right? Social Preferences And Dishonest Behavior, Edward Okeke, Susan Godlonton

Edward Okeke

Can pro-social preferences lead to dishonest or unethical behavior? Lab evidence suggests that it can. In this paper, we document some of the first field evidence of this phenomenon. In this study, individuals were hired as field staff and tasked with distributing subsidized price vouchers following a clearly specified protocol. We find substantial deviation from the protocol, i.e., cheating. We study the mis-allocation of the vouchers to gain some insight into motivations for dishonesty. In our main result we find that the field staff were significantly more likely to allocate the higher value vouchers (those representing a greater subsidy) to …

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Diversity And Social Capital In The U.S: A Tale Of Conflict, Contact Or Total Mistrust?, Ruth Uwaifo Oyelere, Willie Belton, Yameen Huq Dec 2013

Diversity And Social Capital In The U.S: A Tale Of Conflict, Contact Or Total Mistrust?, Ruth Uwaifo Oyelere, Willie Belton, Yameen Huq

Ruth Uwaifo Oyelere

In this paper we explore the relationship between ethnic fractionalization and social capital. First, we test for time differences in the impact of ethnic fractionalization on social capital using U.S. data from 1990, 1997 and 2005. Subsequently we examine the data for evidence of the conflict, contact and hunker-down theories espoused by Putman in explaining what happens over time when individuals interact with those of differing ethnicities. We find no evidence of heterogeneity in the impact of ethnic fractionalization on social capital over time. In addition we find evidence of the conflict theory and no evidence of hunker-down or contact …

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Analysis Of The Decomposition Of Energy Intensity In Tunisia, Abdessalem Abbassi, Ahlem Dalkhlaoui, Amira Ben Hammamia Dec 2013

Analysis Of The Decomposition Of Energy Intensity In Tunisia, Abdessalem Abbassi, Ahlem Dalkhlaoui, Amira Ben Hammamia

abdessalem abbassi

In this article, we are interested in the analysis of energy intensity by the Fisher Ideal Index method, a method belonging to the approach of the Index Decomposition Analysis (IDA), in order to highlight the effects which contribute to its reduction. The use of this method allowed us to decompose the variation of energy intensity in Tunisia for the period 1990-2008 into two effects: one effect due to the structural change of the economy and another arising from energy efficiency. We show that the effect of enhancing energy efficiency is the main contributor to the reduction of energy intensity in …

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