This study presents new evidence on the relationship between dividend announcements and stock price responses, and provides a more comprehensive empirical analysis than that previously found in the literature. We simultaneously test several competing theories regarding the information content of...

We test whether students in a hybrid format of introductory microeconomics, which met once per week, performed as well as students in a traditional lecture format of the same class, which met twice per week. We randomized 725 students at a large, urban public university into the two formats, and...

There have been relatively few evaluations of the effect of private insurance and Medicaid on infant health, and results from previous studies are inconclusive. The objective of this study if to estimate the effect of private insurance coverage and Medicaid participation on birth weight and the...

The authors develop a method to correct for nonrandom measurement error in a binary indicator of illicit drugs. Their results suggest that estimates of the effect of self-reported prenatal drug use on birth weight are biased upwards by measurement error--a finding contrary to predictions of a...