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作者：Berg, Gunhild; Zia, Bilal
作者单位：The World Bank
摘要：Responsible financial habits are important for economic welfare, yet it remains unclear whether they can be effectively taught. Entertainment media offers a unique and cost-effective channel of reaching millions of viewers with financial education messages that resonate. This paper uses random and symmetric encouragement methodology to study the economic impact of targeted messages on debt management and gambling scripted in a popular television soap opera in South Africa. The results show tre...
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作者：Eugster, Beatrix; Lalive, Rafael; Steinhauer, Andreas; Zweimuller, Josef
作者单位：University of St Gallen; University of Lausanne; University of Edinburgh; University of Zurich
摘要：Unemployment varies across space and in time. Can attitudes toward work explain some of these differences? We study job search durations along the Swiss language border, sharply separating Romance language speakers from German speakers. According to surveys and voting results, the language border separates two social groups with different cultural background and attitudes toward work. Despite similar local labor markets and identical institutions, Romance language speakers search for work almo...
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作者：Bhalotra, Sonia; Karlsson, Martin; Nilsson, Therese
作者单位：University of Essex; University of Duisburg Essen; Lund University; Research Institute of Industrial Economics (IFN)
摘要：This paper investigates the potential of an infant intervention to improve life expectancy, contributing to emerging interest in the early life origins of chronic disease. We track individuals from birth to death, and are able to identify age and cause of death. The intervention was pioneered in Sweden in 1931-1933, and appears to have been pivotal in the emergence of universal infant care programmes in the Scandinavian countries during the creation of the Welfare State. It provided informatio...
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作者：Dillenberger, David; Postlewaite, Andrew; Rozen, Kareen
作者单位：University of Pennsylvania; Brown University
摘要：Maximizing subjective expected utility is the classic model of decision making under uncertainty. Savage [Savage, Leonard J. (1954). The Foundation of Statistics. Wiley, New York] provides axioms on preference over acts that are equivalent to the existence of a subjective expected utility representation, and further establishes that such a representation is essentially unique. We show that there is a continuum of other expected utility representations in which the probability distributions ov...
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作者：Armstrong, Mark
作者单位：University of Oxford; University of Oxford
摘要：The paper discusses situations in which consumers search through their options in a deliberate order. Topics include: the existence of ordered search equilibria with symmetric sellers (all consumers first inspect the seller they anticipate will set the lowest price, and a seller that is inspected first by consumers will set the lowest price); the use of price and non-price advertising to direct search; how purchase history can guide future search; and the incentive a seller can have to raise i...
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作者：Zilibotti, Fabrizio
作者单位：Yale University
摘要：This article is based on the presidential address delivered at the EEA Annual Congress 2016. It discusses China's institutional and economic transformation through the lens of the model of growth and convergence developed in Acemoglu, Aghion, and Zilibotti (JEEA 2006), which emphasizes the dichotomy between investment- and innovation-led growth. The economic reforms introduced in the 1980s and 1990s have enabled the Chinese economy to grow at historically unprecedented rates through fostering ...
