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Social and Behavioral Sciences Commons™
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Articles 1 - 7 of 7
Full-Text Articles in Social and Behavioral Sciences
Review Of "Loan Sharks: The Birth Of Predatory Lending" By C. R. Geisst, John P. Caskey
Review Of "Loan Sharks: The Birth Of Predatory Lending" By C. R. Geisst, John P. Caskey
Economics Faculty Works
No abstract provided.
Cheap Promises: Evidence From Loan Repayment Pledges In An Online Experiment, Syon Bhanot
Cheap Promises: Evidence From Loan Repayment Pledges In An Online Experiment, Syon Bhanot
Economics Faculty Works
Across domains, people struggle to follow through on their commitments. This can happen for many reasons, including dishonesty, forgetfulness, or insufficient intrinsic motivation. Social scientists have explored the reasons for persistent failures to follow through, suggesting that eliciting explicit promises can be an effective way to motivate action. This paper presents a field experiment that tests the effect of explicit promises, in the form of “honor pledges,” on loan repayment rates. The experiment was conducted with LendUp, an online lender, and targeted 4,883 first-time borrowers with the firm. Individuals were randomized into four groups, with the following experimental treatments: 1) …
Learning Outcomes For Economists, S. Allgood, Amanda Bayer
Learning Outcomes For Economists, S. Allgood, Amanda Bayer
Economics Faculty Works
Articulating thoughtful learning outcome statements for courses and majors improves teaching and learning and satisfies accreditation requirements. After reading this paper, economists will be able to construct learning outcome statements that guide and enhance teaching and learning in their courses and programs. We present a framework for developing learning outcomes based on a set of five fundamental competencies in economics. We then provide another public good, offering a complete set of learning outcomes for an introductory microeconomics course, which instructors can include in their syllabi. For additional guidance, we construct examples of lesson-specific learning outcomes as well.
Upward Pricing Pressure As A Predictor Of Merger Price Effects, N. H. Miller, Marc Remer, C. Ryan, G. Sheu
Upward Pricing Pressure As A Predictor Of Merger Price Effects, N. H. Miller, Marc Remer, C. Ryan, G. Sheu
Economics Faculty Works
We use Monte Carlo experiments to evaluate whether “upward pricing pressure” (UPP) accurately predicts the price effects of mergers, motivated by the observation that UPP is a restricted form of the first order approximation derived in Jaffe and Weyl (2013). Results indicate that UPP is quite accurate with standard log-concave demand systems, but understates price effects if demand exhibits greater convexity. Prediction error does not systematically exceed that of misspecified simulation models, nor is it much greater than that of correctly-specified models simulated with imprecise demand elasticities. The results also support that UPP provides accurate screens for anticompetitive mergers.
Can Hiring Quotas Work? The Effect Of The Nitaqat Program On The Saudi Private Sector, Jennifer R. Peck
Can Hiring Quotas Work? The Effect Of The Nitaqat Program On The Saudi Private Sector, Jennifer R. Peck
Economics Faculty Works
This paper studies the effects of quota-based labor regulations on firms in the context of Saudi Arabia's Nitaqat program, which imposed quotas for Saudi hiring at private firms. I use a comprehensive firm-level administrative dataset and exploit kinks in hiring incentives generated by the quotas to estimate the effects of this policy. I find that the program increased native employment at substantial cost to firms, as demonstrated by increasing exit rates and decreasing total employment at surviving firms. Firms without any Saudi employees at the onset of the program appear to bear most of these costs.
Occupational Choices Of The Elderly, Frederic L. Pryor
Occupational Choices Of The Elderly, Frederic L. Pryor
Economics Faculty Works
This article compares the separate occupational distributions of U.S. male and female workers who are 45 to 65 with those over 65 (the “elderly”) to test a series of simple conjectures about the different occupational structures of the two age groups. The conjectures relate to strength and educational requirements of the work, scheduling flexibility, the availability of part-time work, and mastery of new technology.
Monetary Policy In Tanzania: Accomplishments And The Road Ahead, P. J. Kessy, J. Nyella, Stephen A. O'Connell
Monetary Policy In Tanzania: Accomplishments And The Road Ahead, P. J. Kessy, J. Nyella, Stephen A. O'Connell
Economics Faculty Works
No abstract provided.