SHORT-RUN SUBSIDIES AND LONG-RUN ADOPTION OF NEW HEALTH PRODUCTS: EVIDENCE FROM A FIELD EXPERIMENT [0.03%]
短期内的补贴对长期采纳新健康产品的的影响:来自实地实验的证据
Pascaline Dupas
Pascaline Dupas
Short-run subsidies for health products are common in poor countries. How do they affect long-run adoption? A common fear among development practitioners is that one-off subsidies may negatively affect long-run adoption through reference-de...
Dynamic Financial Constraints: Distinguishing Mechanism Design from Exogenously Incomplete Regimes [0.03%]
动态金融约束:区分机制设计与外生不完备制度
Alexander Karaivanov,Robert M Townsend
Alexander Karaivanov
We formulate and solve a range of dynamic models of constrained credit/insurance that allow for moral hazard and limited commitment. We compare them to full insurance and exogenously incomplete financial regimes (autarky, saving only, borro...
Pre-colonial Ethnic Institutions and Contemporary African Development [0.03%]
殖民前的ethnic institution与当代非洲的发展的关系研究
Stelios Michalopoulos,Elias Papaioannou
Stelios Michalopoulos
We investigate the role of deeply-rooted pre-colonial ethnic institutions in shaping comparative regional development within African countries. We combine information on the spatial distribution of ethnicities before colonization with regio...
Nathaniel Hendren
Nathaniel Hendren
Across a wide set of non-group insurance markets, applicants are rejected based on observable, often high-risk, characteristics. This paper argues that private information, held by the potential applicant pool, explains rejections. I formul...
A Structural Evaluation of a Large-Scale Quasi-Experimental Microfinance Initiative [0.03%]
一项大规模准实验型微贷款工程的结构评估
Joseph P Kaboski,Robert M Townsend
Joseph P Kaboski
This paper uses a structural model to understand, predict, and evaluate the impact of an exogenous microcredit intervention program, the Thai Million Baht Village Fund program. We model household decisions in the face of borrowing constrain...
Optimal Mandates and The Welfare Cost of Asymmetric Information: Evidence from The U.K. Annuity Market [0.03%]
最优法定要求与信息不对称的福利成本:来自英国年金市场的证据
Liran Einav,Amy Finkelstein,Paul Schrimpf
Liran Einav
Much of the extensive empirical literature on insurance markets has focused on whether adverse selection can be detected. Once detected, however, there has been little attempt to quantify its welfare cost, or to assess whether and what pote...
Flavio Cunha,James Heckman,Susanne Schennach
Flavio Cunha
This paper formulates and estimates multistage production functions for child cognitive and noncognitive skills. Output is determined by parental environments and investments at different stages of childhood. We estimate the elasticity of s...
Evaluating Marginal Policy Changes and the Average Effect of Treatment for Individuals at the Margin [0.03%]
边际政策变化的评估以及针对边缘个体的治疗平均效应
Pedro Carneiro,James J Heckman,Edward Vytlacil
Pedro Carneiro
This paper develops methods for evaluating marginal policy changes. We characterize how the effects of marginal policy changes depend on the direction of the policy change, and show that marginal policy effects are fundamentally easier to i...
The relationship between wages and income and the timing and spacing of births: evidence from Swedish longitudinal data [0.03%]
工资与收入与生育时间和间隔的关系——来自瑞典纵向数据的证据
J J Heckman,J R Walker
J J Heckman
"This paper estimates semiparametric reduced-form neoclassical models of life-cycle fertility in Sweden.... The estimated model integrates aspects of life cycle fertility that have previously been studied in isolation of each other: complet...