论文检索

让补贴发挥作用：规则与自由裁量AI 解读

We estimate the employment effects of a large program of public investment subsidies to private firms that ranked applicants on a score reflecting both objective rules and local politicians' discretion. Leveraging the rationing of funds as an ideal Regression Discontinuity Design, we characterize the heterogeneity of treatment effects and cost‐per‐new‐job across inframarginal firms and estimate the cost‐effectiveness of subsidies under factual and counterfactual allocations.…

早期儿童干预收益分布的分位数AI 解读

Summary We investigate the distribution of gains among participants in the Infant Health and Development Program, an understudied randomized controlled trial that targets infants with low birth weight. Our primary focus is on assessing the effects in cognitive and health outcomes within distinct subgroups, which we define based on the outcomes that would occur in the absence of program participation. We propose a strategy to estimate the distribution of gains from the…

大学费用与学位完成时间：来自学费断点的证据AI 解读

University tuition typically remains constant throughout the years of enrollment while delayed degree completion is increasingly a problem for academic institutions around the world. Theory suggests that if continuation tuition were raised, the probability of late graduation would be reduced. Using a regression discontinuity design on data from Bocconi University in Italy, we show that a 1,000 euro increase in continuation tuition reduces the probability of late graduation…

摘要暂缺

初步数据误差及其对联立方程模型预测误差的影响AI 解读

Econometric models, especially when designed for forecasting purposes, tend to use updated economic series, the last figures(s) of which embed first-published or preliminary data errors. This article identifies and assesses the contribution of errors in preliminary data to the forecast error and to the forecast error variance of linear dynamic simultaneous equation models. The effect of preliminary data errors is shown to be pervasive, although not necessarily weighty. The…