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I model the strategic interaction between scientists aiming for promotion and a research institution that seeks a highly productive faculty by setting a maternity allowance in the form of a minimum promotion standard. The model shows that maternity allowances need not derive from moral justice...
Persistent link: https://www.econbiz.de/10012018181
We exploit the 1997 school reform that increased compulsory schooling from 5 to 8 years to investigate the causal effect of education on emigration intentions. Our IV estimates indicate that an additional year of schooling increases the probability of reporting the intention to emigrate by 24...
Persistent link: https://www.econbiz.de/10012052816
We investigate how an artist's death impacts on the price of her artwork by estimating individual death effects of a sample of famous visual artists who died between 1985 and 2010. Using data from art auctions that took place in a narrow window around the artists' death, we apply various...
Persistent link: https://www.econbiz.de/10012207946
I report historical prices and estimate financial returns to investing in rare books. My sample consists of 25 fiction titles recommended by Clifton Fadiman in his 1960 Lifetime Reading Plan. Relying on prices realized at American and British auction houses between 1975 and 2018, I use hedonic...
Persistent link: https://www.econbiz.de/10012227642
Persistent link: https://www.econbiz.de/10012297090
Rare books of political economy are eminently collectable. Using historical prices, I employ hedonic regressions to estimate financial returns to collecting the works of ten eminent political economists and develop a price index for this corpus of collectables. For the observation period...
Persistent link: https://www.econbiz.de/10012581973
We describe and compare the experiences of academic exclusion of Alexander Del Mar, J.A. Hobson, and Gordon Tullock. While aspects of the circumstances differed, a common element was academic exclusion because of challenges to mainstream views. Alexander Del Mar, J.A. Hobson, and Gordon Tullock...
Persistent link: https://www.econbiz.de/10011522412
We review the literature on the public choice approach to explaining redistribution policies. The focus is on policies that are pursued with the sole reason to redistribute initial endowments. Moreover, we restrict ourselves to redistribution in democracies. In democratic settings, generic...
Persistent link: https://www.econbiz.de/10011584888
We study the effects of random assignment to coeducational and single-sex classes on the academic performance of female high school students. Our estimation results show that single-sex schooling improves the performance of female students in mathematics. This positive effect increases if the...
Persistent link: https://www.econbiz.de/10010278858
Persistent link: https://www.econbiz.de/10004689760