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This paper evaluates if the excitement about school-based financial education is warranted. First, relying on recent experimental evidence, the paper takes stock of the impact of financial education programs aimed at reaching children and youth. Second, it complements existing studies by...
Persistent link: https://www.econbiz.de/10012167800
Persistent link: https://www.econbiz.de/10012490021
We characterize the bias of propensity score based estimators of common average treatment effect parameters in the case of selection on unobservables. We then propose a new minimum biased estimator of the average treatment effect. We assess the finite sample performance of our estimator using...
Persistent link: https://www.econbiz.de/10010268598
We estimate the causal impact of school smoking bans in Germany on the propensity and intensity of smoking. Using representative longitudinal data, we use variation in state, year, age cohort, school track, and survey time for implementation of such smoking bans to identify the effects of...
Persistent link: https://www.econbiz.de/10011612562
International large-scale assessments such as PISA are increasingly being used to benchmark the academic performance of young people across the world. Yet many of the technicalities underpinning these datasets are misunderstood by applied researchers, who sometimes fail to take their complex...
Persistent link: https://www.econbiz.de/10012952602
International large-scale assessments such as PISA are increasingly being used to benchmark the academic performance of young people across the world. Yet many of the technicalities underpinning these datasets are misunderstood by applied researchers, who sometimes fail to take their complex...
Persistent link: https://www.econbiz.de/10011672714
Although exam scores are reported using numerical values, their measurement scale is ordinal: They depend on the difficulty distribution of the questions in the exam. Hence, population groups or countries should not be ranked according to average exam scores because there may exist an admissible...
Persistent link: https://www.econbiz.de/10014123920
Although exam scores are reported using numerical values, their measurement scale is ordinal: They depend on the difficulty distribution of the questions in the exam. Hence, population groups or countries should not be ranked according to average exam scores because there may exist an admissible...
Persistent link: https://www.econbiz.de/10012977883
Although exam scores are reported using numerical values, their measurement scale is ordinal: They depend on the difficulty distribution of the questions in the exam. Hence, population groups or countries should not be ranked according to average exam scores because there may exist an admissible...
Persistent link: https://www.econbiz.de/10012978372
Obtaining consistent estimates of spillovers in an educational context is hampered by at least two issues: selection into peer groups and peer effects emanating from unobservable characteristics. We develop an algorithm for estimating spillovers using panel data that addresses both of these...
Persistent link: https://www.econbiz.de/10011756847