The authors study the impact of financial education on intertemporal choice in adolescence, their findings suggesting that the effect of such educational programs is to increase comprehension and decrease bracketing in intertemporal choice.
This paper examines the motivation for intergenerational transfers between adult children and their parents, and the nature of preferences for such giving behaviour, in an experimental setting.
This paper sets out the methodology, assumptions, and modelling specifications used to produce the report The changing face of retirement by Emmerson, Heald and Hood (2014)
We study the socio-economic gradient of child development on a representative sample of low- and middle-income children aged 6-42 months in Bogota, using the Bayley Scales of Infant Development, a high quality test based on direct observation of the child’s abilities.
We present the clrbound, clr2bound, clr3bound, and clrtest commands for estimation and inference on intersection bounds as developed by Chernozhukov et al. (2013)
We consider a high-dimensional regression model with a possible change-point due to a covariate threshold and develop the Lasso estimator of regression coefficients as well as the threshold parameter.
The estimation problem in this paper is motivated by maximum score estimation of preference parameters in the binary choice model under uncertainty in which the decision rule is affected by conditional expectations. The preference parameters are estimated in two stages: we estimate conditional expectations nonparametrically in
the fi rst stage and then the preference parameters in the second stage based on Manski (1975, 1985)s maximum score estimator using the choice data and first stage estimates.
We study an innovative welfare program in Chile which combines a period of frequent home visits to households in extreme poverty, with guaranteed access to social services.
In this paper we set out a theoretical framework for the systematic consideration of “randomisation bias”, and provide what is to our knowledge the first empirical evidence on this form of bias in an actual social experiment, the UK Employment Retention and Advancement (ERA) study.