BRAC has over 40,000 schools worldwide. It is widely praised for serving disadvantaged students and for matching or outperforming government schools. Using data that we collected from Dhaka's slums, we test these claims. We find that BRAC serves the most disadvantaged students in our survey, but...

This paper presents the first formal comparison of Value at risk (VaR) forecasting performance across various high-frequency volatility models and conventional benchmarks using daily data in the crude oil futures market. Our analysis reveals the following key findings:(1) High-frequency data...

Social network platforms like Reddit are increasingly impacting real-world economics. Meme stocks are a recent phenomena where price movements are driven by retail investors organising themselves via social networks. To study the impact of social networks on meme stocks, the first step is to...

This paper presents a distribution-free test, based on the permutation approach, on treatment effects with a multivariate categorical response variable. The motivating example is a typical case-control biomedical study, performed to investigate the effect of the treatment called "assisted motor...

Air quality measurements at industrial locations are intended to assess emission sources typically of the largest magnitude, many of which operate over a long time and are subject to specific permitting rules. Industrial sources represent a significant contribution to the air pollution that...