Showing 1 - 10 of 4,343
What is the socially optimal level of liquidity in a retirement savings system? Liquid retirement savings are desirable because liquidity enables agents to flexibly respond to pre-retirement events that raise the marginal utility of consumption. On the other hand, pre-retirement liquidity is...
Persistent link: https://www.econbiz.de/10012457499
We show how to construct a ranking of U.S. undergraduate programs based on students' revealed preferences. We construct examples of national and regional rankings, using hand-collected data on 3,240 high- achieving students. Our statistical model extends models used for ranking players in...
Persistent link: https://www.econbiz.de/10012467886
transfers in Singapore and Australia. In all four instances, the evidence suggests that temporary cash transfers to households …
Persistent link: https://www.econbiz.de/10015326496
This paper calculates the effect that introducing risk-sharing during either retirement or the working life would have on public sector pension liabilities. We begin by considering the introduction of a variable annuity for the retirement phase, modeled on the Wisconsin Retirement System, in...
Persistent link: https://www.econbiz.de/10012460169
We study the returns to experience in teaching, estimated using supervisor ratings from classroom observations. We describe the assumptions required to interpret changes in observation ratings over time as the causal effect of experience on performance. We compare two difference-in-differences...
Persistent link: https://www.econbiz.de/10013537780
Hospitals play a key role in patient outcomes and spending, but efforts to improve their quality are hindered because we do not know whether hospital quality indicators are causal or biased. We evaluate the validity of commonly used quality indicators, such as mortality, readmissions, inpatient...
Persistent link: https://www.econbiz.de/10014421215
For nearly three centuries, Indigenous peoples within the borders of present-day Canada engaged in treaty-making with …
Persistent link: https://www.econbiz.de/10014372470
income gradient in self-reported health in the US and Canada. We find that being below median income raises the likelihood … percentage points in Canada. We also find that the 7 percentage point gradient difference between the two countries is reduced by … larger in the US than in Canada before the age of 65, but about the same after 65. Our results are therefore consistent with …
Persistent link: https://www.econbiz.de/10012467975
several former colonies of Great Britain: the United States, Canada, Australia, New Zealand and South Africa. We trace out …
Persistent link: https://www.econbiz.de/10012468857
We compare patterns of unemployment and joblessness between Canada and the U.S. during the Great Recession. Similar to … previous findings for the U.S. in Kroft et al. [2016], we document a rise in long-term unemployment in Canada. This increase is … the extended matching model, we create a new historical vacancy series for Canada based on relative employment in …
Persistent link: https://www.econbiz.de/10012480887