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The Short and the Long of it : Stock-Flow Matching in the US Housing Market

Smith, Eric; Xie, Zoe; Fang, Lei - 2022

viability of stock-flow matching in generating the observed outcomes. The paper documents that the probability a house sells … housing slump sooner, faster, and more prominently than slower sales. The simulated stock-flow matching model can not only … the importance of stock-flow matching for understanding housing market dynamics …

Persistent link: https://www.econbiz.de/10014243085

Paying to Match : Decentralized Markets with Information Frictions

Agranov, Marina; Dianat, Ahrash; Samuelson, Larry; … - 2021

We experimentally study decentralized one-to-one matching markets with transfers. We vary the information available to …

Persistent link: https://www.econbiz.de/10013250740

Dynamic Causal Forests, with an Application to Payroll Tax Incidence in Norway

Gavrilova, Evelina; Langørgen, Audun; Zoutman, Floris - 2023

This paper develops a machine-learning method that allows researchers to estimate heterogeneous treatment effects with panel data in a setting with many covariates. Our method, which we name the dynamic causal forest (DCF) method, extends the causal-forest method of Wager and Athey (2018) by...

Persistent link: https://www.econbiz.de/10014346998

Econometric methods for causal evaluation of education policies and practices: a non-technical guide

Schlotter, Martin; Schwerdt, Guido; Woessmann, Ludger - 2009

Education policy-makers and practitioners want to know which policies and practices can best achieve their goals. But research that can inform evidence-based policy often requires complex methods to distinguish causation from accidental association. Avoiding econometric jargon and technical...

Persistent link: https://www.econbiz.de/10010276626

Universal Childcare for the Youngest and the Maternal Labour Supply

Kunze, Astrid; Liu, Xingfei - 2019

In this paper, we investigate whether the expansion of childcare leads to an increase in the female labour supply. We measure female labour supply at both the extensive and intensive margin. For identification, we exploit a nationwide reform that expanded childcare for 1–2- year-olds in...

Persistent link: https://www.econbiz.de/10012018200

Government Ideology and Economic Policy-Making in the United States

Potrafke, Niklas - 2017

This paper describes the role of government ideology on economic policy-making in the United States. I consider studies using data for the national, state and local level and elaborate on checks and balances, especially divided government, measurement of government ideology and empirical...

Persistent link: https://www.econbiz.de/10011657165

Green Governments

Potrafke, Niklas; Wüthrich, Kaspar - 2020

We examine how Green governments influence macroeconomic, education, and environmental outcomes. Our empirical strategy exploits that the Fukushima nuclear disaster in Japan gave rise to an unanticipated change in government in the German state Baden-Wuerttemberg in 2011. The incumbent rightwing...

Persistent link: https://www.econbiz.de/10012425632

Price Effects of the Austrian Fuel Price Fixing Act: A Synthetic Control Study

Becker, Maike; Pfeifer, Gregor; Schweikert, Karsten - 2021

Fuel prices are commonly perceived to be excessively high, which regularly triggers political discussions about fuel price regulations. Consumers demand stricter fuel price regulations to provide transparency about the current price level and to protect them from sudden price fluctuations. Such...

Persistent link: https://www.econbiz.de/10012492965

Reforms of an Early Retirement Pathway in Germany and Their Labor Market Effects

Riphahn, Regina T.; Schrader, Rebecca - 2021

We investigate the unemployment pathway to retirement in Germany and study the causal effects of two early retirement reforms. Reform 1 (NRA) increased normal retirement age stepwise from 60 to 65. Simultaneously, it became possible to use early retirement with benefit discounts. Reform 2 (ERA)...

Persistent link: https://www.econbiz.de/10012799761

More Schooling, More Children? Compulsory Schooling and Fertility in Europe

Fort, Margherita; Schneeweis, Nicole; Winter-Ebmer, Rudolf - 2014

We study the relationship between education and fertility, exploiting compulsory schooling reforms in England and Continental Europe, implemented between 1936 and 1975. We assess the causal effect of education on the number of biological children and the incidence of childlessness. We find...

Persistent link: https://www.econbiz.de/10010435747