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作者:Atkinson, Anthony B.
作者单位:University of Oxford
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作者:Bushnell, James B.; Mansur, Erin T.
作者单位:Iowa State University; National Bureau of Economic Research; Dartmouth College
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作者:Elzinga, Kenneth G.; Mills, David E.
作者单位:University of Virginia
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作者:Lochner, Lance J.; Monge-Naranjo, Alexander
作者单位:Western University (University of Western Ontario); National Bureau of Economic Research; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:We develop a human capital model with borrowing constraints explicitly derived from government student loan (GSL) programs and private lending under limited commitment. The model helps explain the persistent strong positive correlation between ability and schooling in the United States, as well as the rising importance of family income for college attendance. It also explains the increasing share of undergraduates borrowing the GSL maximum and the rise in student borrowing from private lenders...
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作者:Angrist, Joshua D.; Chen, Stacey H.; Song, Jae
作者单位:Massachusetts Institute of Technology (MIT); National Bureau of Economic Research; Academia Sinica - Taiwan
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作者:Reutskaja, Elena; Nagel, Rosemarie; Camerer, Colin F.; Rangel, Antonio
作者单位:University of Navarra; IESE Business School; Pompeu Fabra University; ICREA; California Institute of Technology
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作者:von Gaudecker, Hans-Martin; van Soest, Arthur; Wengstrom, Erik
作者单位:University of Mannheim; Tilburg University; Lund University; University of Copenhagen
摘要:We analyze risk preferences using an experiment with real incentives in a representative sample of 1,422 Dutch respondents. Our econometric model incorporates four structural parameters that vary with observed and unobserved characteristics: utility curvature, loss aversion, preferences toward the timing of uncertainty resolution, and the propensity to choose randomly rather than on the basis of preferences. We find that all four parameters contribute to explaining choice behavior. The structu...
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作者:Dinkelman, Taryn
作者单位:Princeton University; Princeton University
摘要:This paper estimates the impact of electrification on employment growth by analyzing South Africa's mass roll-out of electricity to rural households. Using several new data sources and two different identification strategies (an instrumental variables strategy and a fixed effects approach), I find that electrification significantly raises female employment within five years. This new infrastructure appears to increase hours of work for men and women, while reducing female wages and increasing ...
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作者:Carneiro, Pedro; Heckman, James J.; Vytlacil, Edward J.
作者单位:University of London; University College London; University of Chicago; University College Dublin; Yale University; Yale University
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作者:Zhang, Xiaoquan (Michael); Zhu, Feng
作者单位:Hong Kong University of Science & Technology; University of Southern California