The remainder of this paper is organized as follows. In Sect. 2, we introduce our Shapley-based clustering approach based on a best-in-class machine learning algorithm for variable selection. In Sect. 3, we explain the proposed approach on the basis of theoretical and regulatory considerations....
This paper investigates the relationship between the inter-generational transmission of educational achievement (“test-score transmission”) and the inter-generational transmission of higher earnings (“income transmission”). We use administrative data from Israel to track the evolution of education and ...
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The $1 coins would have saved hundreds of millions of dollars, as they are more durable than paper money. Despite being a more sustainable, environmentally friendly alternative to paper currency, they werenever popular with the American public: 40% of $1 coins were returned, unwanted, to the...
摘要:Over the past two decades, emerging market economies have improved their liability structures by increasing the share of their debt denominated in local currency. This paper introduces a local currency debt (i.e., in units of aggregate consumption) into a sudden stop model and explores how...
This paper studies the economic effects of the US National Park System, the largest national conservation entity in the world. We assemble a new dataset on the history of the system, and show that parks increase overall employment and income in the local economy. The data allows us to study...
(Download) UPSCIndian Economic Service / Indian Statistical ServiceExam Paper - 2024 ::General Economics Paper - III:: Exam Name:Indian Economic Service / Indian Statistical Service Paper :General Economics Paper - III Year:2024 File Type:PDF...
and confirmatory search. This paper develops a framework for exploring the implications of a more scientific approach to entrepreneurial decision making. The panel sample of our randomized control trial includes 116 Italian startups and 16 data points over a period of about one year. Both the trea...
Thu 16 Aug 2018 15.00 AEST Anglo-Saxon capitalism’s drive to maximise profits in the short term won’t save the planet. Perhaps the Chinese model can? … But by the time they do, it could be too late. Capitalism – especially the dominant Anglo-Saxon va...
In this paper we combine two streams of research to explore social norms as a potential source of behavioral change in giving across contexts. Using a within-subjects design with a sample of college students, we conduct dictator-game experiments with two recipient types: an anonymous individual (...