Publications des institutions partenaires
The Academic and Labor Market Returns of University Professors
This paper estimates the impact of college teaching on students’ academic achievement and labor market outcomes using administrative data from Bocconi University (Italy) matched with Italian tax records. The estimation exploits the random allocation of students to teachers in a fixed sequence of compulsory courses. We find that good teaching matters more for the labor market than for…
Institution partenaire
English / 01/01/2014
OECD imports: diversification of suppliers and quality search
Institution partenaire
English / 01/01/2014
Developing Countries Exports Survival in the OECD: Does Experience Matter?
This paper focuses on developing countries that export for the first time to the OECD and obtains several important results on export dynamic, linking exports experience and exports survival. Using product level data at the SITC 5 digit level for 114 developing countries on the 1962-2009 period, we show that prior exports experience obtained in non-OCDE markets increases survival in…
Institution partenaire
English / 01/01/2014
Trade and long-term unemployment: A quantitative assessment
We develop a multi-country, multi-sector, gravity model with trade frictions in the wake of Eaton and Kortum (2002) and Costinot, Donaldson and Komunjer (2012), which allows for labour market frictions as per Diamond-Mortensen-Pissarides and long-term equilibrium unemployment level as in Helpman and Itskhoki (2010). We find that trade liberalisation may lead to a rise in unemployment…
Institution partenaire
English / 01/01/2014
Trade in Unemployment
We embed a model of the labor market with sector-specific search-and-matching frictions into a Ricardian model with a continuum of goods to show that trade liberalization causes higher unemployment in countries with comparative advantage in sectors with strong labor market frictions and leads to lower unemployment in countries with comparative advantage in sectors with weak labor…
Institution partenaire
English / 01/01/2014
Discrete choice pseudo panel data models
Les données de panel sont aujourd'hui d'une importance capitale dans l'analyse du comportement des micro-unités. Or dans beaucoup de pays, ces données n'existent pas encore. A la place, les chercheurs peuvent utiliser des enquêtes répétées. Dans un pareil cas, vu l'impossibilité de suivre la même unité dans le temps, on passe au niveau cohorte tout en…
Institution partenaire
English / 01/01/2014
Assignment Mechanisms, Selection Criteria, and the Effectiveness of Training Programmes
We analyse the effectiveness of vocational training under two different assignment mechanisms. The direct assignment mechanism is characterised by the strong influence of caseworkers who can directly assign the unemployed to vocational training courses. Under the voucher assignment mechanism unemployed have more freedom to choose among different courses and training providers.…
Institution partenaire
English / 01/01/2014
Corporate Transparency and Bond Liquidity
To answer the question what causes an asset to be illiquid, we analyze the impact that transparency of corporate accounting information has on the liquidity of its traded bonds. In particular, we focus on how this relationship depends on aggregate liquidity and the financial state of the firm. We use an extensive panel data set comprising more than 40,000 quarterly bond observations…
Institution partenaire
English / 01/01/2014
Does preschool boost the development of minority children? The case of young Romas in Eastern and Central Europe
Does universal preschool constitute an effective policy tool to promote the development and integration of children from minority groups? In the light of rising cross border migration and increasing ethnic variation in many developed countries, we address this question for the children of the Roma - the largest and most disadvantaged minority in Europe. To tackle the issue of non-…
Institution partenaire
English / 01/01/2014
Direct and indirect treatment effects: Causal chains and mediation analysis with instrumental variables
This paper discusses the nonparametric identification of causal direct and indirect effects of a binary treatment based on instrumental variables. We identify the indirect effect, which operates through a mediator (i.e. intermediate variable) that is situated on the causal path between the treatment and the outcome, as well as the unmediated direct effect of the treatment using…
Institution partenaire
English / 01/01/2014
Should Welfare Administration be Centralized or Decentralized? Evidence from a Policy Experiment
The 2005 reform of the German welfare system introduced two competing organizational models for welfare administration. In most districts, a centralized organization was established where local welfare agencies are bound to central directives. At the same time, 69 districts were allowed to opt for a decentralized organization. We evaluate the relative success of both types in terms…
Institution partenaire
English / 01/01/2014
Sharp bounds on causal effects under sample selection
In many empirical problems, the evaluation of treatment effects is complicated by sample selection so that the outcome is only observed for a non-random subpopulation. In the absence of instruments and/or tight parametric assumptions, treatment effects are not point identified, but can be bounded under mild restrictions. Previous work on partial identification has primarily focused…
Institution partenaire
English / 01/01/2014
Deposit Withdrawals from Distressed Banks: Client Relationships Matter
We study retail deposit withdrawals from commercial banks which were
differentially exposed to distress during the 2007-2009 financial crisis. We show that the propensity of households to withdraw deposits increases with the severity of bank distress. Withdrawal risk is, however, substantially mitigated by strong bank-client relationships. Considering the most distressed bank…
Institution partenaire
English / 01/01/2014
The exchange rate effect of multi-currency risk arbitrage
Institution partenaire
English / 01/01/2014
Adaptation to climate change in Sub-Saharan agriculture: assessing the evidence and rethinking the drivers
In this paper, after a review of the evolution of the literature on climate change economics in agriculture, I present some evidence of the impact of different moments of the distribution of rainfall on farmers risk aversion. It is found that while more rainfall is negatively associated with the probability of observing risk aversion, rainfall variability is positively correlated.…
Institution partenaire
English / 01/01/2014
Regional Agreements and Welfare in the South: When Scale Economies in Transport Matter
Institution partenaire
English / 01/01/2014
A simple test for the ignorability of non-compliance in experiments
This papers proposes a simple method for testing whether non-compliance in experiments is ignorable, i.e., not jointly related to the treatment and the outcome. The approach consists of (i) regressing the outcome variable on a constant, the treatment, the assignment indicator, and the treatment/assignment interaction and (ii) testing whether the coefficients on the latter two…
Institution partenaire
English / 01/09/2013
Testing exclusion restrictions and additive separability in sample selection models
Standard sample selection models with non-randomly censored outcomes assume (i) an exclusion restriction (i.e., a variable affecting selection, but not the outcome) and (ii) additive separability of the errors in the selection process. This paper proposes tests for the joint satisfaction of these assumptions by applying the approach of Huber and Mellace (2011) (for testing instrument…
Institution partenaire
English / 01/09/2013
Identifying causal mechanisms (primarily) based on inverse probability weighting
This paper demonstrates the identification of causal mechanisms of a binary treatment under selection on observables, (primarily) based on inverse probability weighting. I.e., we consider the average indirect effect of the treatment, which operates through an intermediate variable (or mediator) that is situated on the causal path between the treatment and the outcome, as well as the…
Institution partenaire
English / 30/06/2013
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