Rent or buy? inflation experiences and homeownership within and across countries

U Malmendier, AS Wellsjo - The Journal of Finance, 2024 - Wiley Online Library
We show that past inflation experiences strongly predict homeownership within and across
countries. First, we collect novel survey data, which reveal inflation protection to be a key …

Maternal investments in children: The role of expected effort and returns

S Bhalotra, A Delavande, P Font-Gilabert… - The Economic …, 2024 - academic.oup.com
We investigate the importance of subjective expectations of returns to and effort costs of the
two principal investments that mothers make in newborns: breastfeeding and stimulation …

Job displacement and reallocation failure. Evidence from climate shocks in Morocco

F Alfani, V Molini, G Pallante… - European Review of …, 2024 - academic.oup.com
We investigate the impact of severe drought shocks in Morocco's agricultural sector. Using a
staggered difference-in-differences design, we estimate that climatic shocks resulted in a job …

[HTML][HTML] Clear as a bell? Policy stringency and elderly health during Covid-19

J Dupuy, T Barnay, É Defebvre - Social Science & Medicine, 2024 - Elsevier
This paper investigates how restriction policies have impacted elderly self-assessed health
(SAH) in Europe during the pandemic, and how the Covid-19 infection interacts with policy …

Estimation and inference by stochastic optimization

JJ Forneron - Journal of Econometrics, 2024 - Elsevier
In non-linear estimations, it is common to assess sampling uncertainty by bootstrap
inference. For complex models, this can be computationally intensive. This paper combines …

Place-Based Economic Development and Long-Run Firm Employment and Sales: Evidence from American Indian Reservations

JA Aguilar, R Akee, E Mykerezi - 2024 - nber.org
We examine how one of the largest US place-based economic development programs, the
Indian Gaming Regulatory Act (IGRA) of 1988, with annual revenues in excess of\$40 billion …

Orthogonal Bootstrap: Efficient Simulation of Input Uncertainty

K Liu, J Blanchet, L Ying, Y Lu - arXiv preprint arXiv:2404.19145, 2024 - arxiv.org
Bootstrap is a popular methodology for simulating input uncertainty. However, it can be
computationally expensive when the number of samples is large. We propose a new …

Cluster-robust jackknife and bootstrap inference for binary response models

JG MacKinnon, MØ Nielsen, MD Webb - arXiv preprint arXiv:2406.00650, 2024 - arxiv.org
We study cluster-robust inference for binary response models. Inference based on the most
commonly-used cluster-robust variance matrix estimator (CRVE) can be very unreliable. We …

Promoting Public Health with Blunt Instruments: Evidence from Vaccine Mandates

R Abouk, JS Earle, JC Maclean, S Park - 2024 - nber.org
We study the effect of mandates requiring COVID-19 vaccination among healthcare industry
workers adopted in 2021 in the United States. There are long-standing worker shortages in …

The Effect of E-Cigarette Flavor Bans on Tobacco Use

CD Cotti, CJ Courtemanche, Y Liang, JC Maclean… - 2024 - nber.org
Advocates for sales restrictions on flavored e-cigarettes argue that flavors appeal to young
people and lead them down a path to nicotine addiction. This study is among the first to …