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作者：Atkinson, Anthony B.; Backus, Peter G.; Micklewright, John
作者单位：University of Oxford; University of London; London School Economics & Political Science; University of Manchester; University of London; University College London
摘要：Charitable bequests are a major source of income for charities but surprisingly little is known about them. We propose a multi-stage framework for analysing the bequest decision and examine the evidence for Britain provided by new data on estates. The novelty of the framework is that it distinguishes between five different steps that lead to a charitable bequest. Our new data for Britain have the advantages of covering the whole population of non-trivial estates, in contrast to much of the US ...
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作者：Koster, Hans R. A.; Rouwendal, Jan
作者单位：Vrije Universiteit Amsterdam; Tinbergen Institute
摘要：We study the economic effects of public investments in historic amenities by looking at their impact on house prices. We distinguish between direct and indirect effects of investments. A nationwide housing transaction is used as well as data on investments in cultural heritage. A 1 million euro per square kilometre increase in investments in cultural heritage leads to a price increase of 1.5-3.0% of non-targeted buildings. We do not find evidence that the maintenance state of non-eligible prop...
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作者：Proto, Eugenio; Oswald, Andrew J.
作者单位：University of Warwick; University of Warwick; UK Research & Innovation (UKRI); Economic & Social Research Council (ESRC); IZA Institute Labor Economics
摘要：This article studies a famous unsolved puzzle in quantitative social science. Why do some nations report such high levels of mental well-being? Denmark, for instance, regularly tops the league table of rich countries' happiness; Britain and the US enter further down; some nations do unexpectedly poorly. The explanation for the long-observed ranking - one that holds after adjustment for GDP and other socioeconomic variables - is currently unknown. Using data on 131 countries, the article cautio...
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作者：Jedwab, Remi; Kerby, Edward; Moradi, Alexander
作者单位：University of Oxford; Stellenbosch University; George Washington University; University of London; London School Economics & Political Science; University of Sussex
摘要：Little is known about the extent and forces of path dependence in developing countries. Colonial era railway construction in Kenya provides a natural experiment to study the emergence and persistence of a spatial equilibrium. Data spanning over one century show that railways determined the location of European settlers, Asian traders and the main cities at independence. Europeans then left, Asians departed and railways declined in the immediate post-independence period, constituting local shoc...
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作者：De Haan, Monique
作者单位：University of Oslo
摘要：This article investigates the effect of a policy measure that gives secondary schools additional resources for low-ability pupils. Schools are free in deciding how to spend the additional money. I use a non-parametric bounds analysis to estimate upper and lower bounds on the effect of additional funds on examination results of pupils. First, I investigate what can be concluded without imposing assumptions; next I layer weak non-parametric assumptions to tighten the bounds. The tightest bounds ...
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作者：Bentancor, Andrea; Clarke, Damian
作者单位：Universidad de Santiago de Chile
摘要：We test whether the availability of the emergency contraceptive (morning after') pill in the absence of legalised abortion can have effects similar to those of other large-scale contraceptive reforms. To do so, we examine a quasi-experimental policy reform occurring in Chile in 2008. Using vital statistics covering all births and foetal deaths over the period 2006-12, we show that the availability of the emergency contraceptive pill reduces pregnancy and early gestation foetal death, which we ...
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作者：Dohmen, Thomas; Falk, Armin; Golsteyn, Bart H. H.; Huffman, David; Sunde, Uwe
作者单位：University of Bonn; Maastricht University; Stockholm University; University of Oxford; University of Munich
摘要：This article investigates how risk attitudes change over the life course. We study the age trajectory of risk attitudes all the way from early adulthood until old age, in large representative panel data sets from the Netherlands and Germany. Age patterns are generally difficult to identify separately from cohort or calendar period effects. We achieve identification by replacing calendar period indicators with controls for the specific underlying factors that may change risk attitudes across pe...
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作者：Helmers, Christian; Overman, Henry G.
作者单位：Santa Clara University; University of London; London School Economics & Political Science
摘要：We analyse the impact of the establishment of the Diamond Light Source synchrotron, a large basic scientific research facility in the UK, on the geographic distribution of related research. To account for the potentially endogenous location choice of the synchrotron, we rely on the availability of a runner-up' site. We use data on academic publications to trace the geographic distribution of related scientific inputs and outputs. Our results suggest that proximity to Diamond had a positive imp...
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作者：Mandler, Michael
作者单位：University of London; Royal Holloway University London
摘要：When scientists choose research projects that have the highest expected value, an externality can appear. Slight variations on the existing work will be selected in preference to new lines of research that can, when followed up selectively, generate more expected value over time. New research enjoys two advantages: it is riskier and hence more likely to lead to high-value follow-up projects and it can generate more follow-up projects. Several cures for the externality are analysed: less commun...
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作者：Myatt, David P.
作者单位：University of London; London Business School
摘要：The supporters of a mainstream candidate contemplate voting for a special-issue minority party (which risks opening the door to a disliked opponent) in order to influence mainstream policy. Protest voting reacts negatively to expectations about others' enthusiasm for the protest issue, more so if the candidate learns from the protest and responds endogenously. I find that electoral support for single-issue protest parties can be negatively related to the true underlying enthusiasm for their ca...
