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The persuasion rate is a key parameter for measuring the causal effect of a directional message on influencing the recipient’s behavior. Its identification has relied on exogenous treatment or the availability of credible instruments, but the requ...
We study spillover eects within criminal networks by leveraging the deaths of co-oenders as a source of causal identi cation. We nd that the death of a co-oender signi cantly reduces the criminal activities of other network members. These spillov...
Positive assortative matching refers to the tendency of individuals with similar characteristics to form partnerships. Measuring the extent to which assortative matching differs between two economies is challenging when the marginal distributions ...
This paper develops a novel approach that leverages the information contained in expectations datasets to derive empirical measures of beliefs regarding economic shocks and their dynamic effects. Utilizing a panel of expectation revisions for a si...
We use plausibly exogenous variation in the redistribution of natural resource tax revenues in Peru to study whether transfers to local governments can stimulate economic activity in lowincome areas. We show that resource...
isinformation is not new, but g...
The rise of Generative AI (GenAI) in knowledge workflows raises questions about its impact on critical thinking skills and practices. We survey 319 knowledge workers to investigate 1) when and how they perceive the enaction of critical thinking wh...
Social welfare costs from bank resolution, including contagion and moral hazard, are often thought to be minimized when supervisors can direct the merger of a failing bank with a sound, healthy one. However, social losses may become even larger i...
EU enlargement has stalled since the last member joined over ten years ago, marking the longest period without expansion since 1973. This elapsed time contrasts with the potential income gains membership promises. Drawing on the biggest EU enlar...