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  • Are the Non-Monetary Costs of Energy Efficiency Investments Large? Understanding Low Take-up of a Free Energy Efficiency Program | Becker-Friedman Institute Research Respository
    the Non Monetary Costs of Energy Efficiency Investments Large Understanding Low Take up of a Free Energy Efficiency Program We document very low take up of an energy efficiency program that is widely believed to be privately beneficial Program participants receive a substantial home weatherization retrofit all installation and equipment costs are covered by the program Less than one percent of presumptively eligible households take up the program in the

    Original URL path: http://econresearch.uchicago.edu/content/are-non-monetary-costs-energy-efficiency-investments-large-understanding-low-take-free (2015-06-03)
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  • Will Adaptation to Climate Change be Slow and Costly? Evidence from High Temperatures and Mortality, 1900-2004 | Becker-Friedman Institute Research Respository
    to Climate Change be Slow and Costly Evidence from High Temperatures and Mortality 1900 2004 This paper builds on Barreca et al s 2013 finding that over the course of the 20th century the proliferation of residential air conditioning led to a remarkable decline in mortality due to extreme temperature days in the United States Using panel data on monthly mortality rates of U S states and daily temperature variables for over a century 1900 2004 it explores the regional evolution in this relationship and documents two key findings First the impact of extreme heat on mortality is notably smaller in states that more frequently experience extreme heat Second the difference in the heat mortality relationship between hot and cold states declined over the period 1900 2004 though it persisted through 2004 For example the effect of hot days on mortality in cool states over the years 1980 2004 a period when residential air conditioning was widely available is almost identical to the effect of hot days on mortality in hot states over the years 1900 1939 a period when air conditioning was not available for homes Continuing differences in the mortality consequences of hot days suggests that health motivated

    Original URL path: http://econresearch.uchicago.edu/content/will-adaptation-climate-change-be-slow-and-costly-evidence-high-temperatures-and-mortality (2015-06-03)
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  • College Diversity and Investment Incentives | Becker-Friedman Institute Research Respository
    as HTTPS You can switch to HTTPS by trying to view this page again after changing the URL in your browser s location bar to begin with https instead of http Please contact site admin for help if this error continues User login CNetID or Username Password Request new password Log in College Diversity and Investment Incentives We study the aggregate economic effects of diversity policies such as affirmative action in college admission If agents are constrained in the side payments they can make the free market allocation displays excessive segregation relative to the first best Affirmative action policies can restore diversity within colleges but also affect incentives to invest in pre college scholastic achievement Affirmative action policies that are achievement based can increase aggregate investment and income reduce inequality and increase aggregate welfare relative to the free market outcome They may also be more effective than decentralized policies such as cross subsidization of students by colleges Authors Thomas Gall Patrick Legros Andrew Newman Boston University Publication Date January 2015 BFI Initiative Human Capital and Economic Opportunity JEL Classification C78 Bargaining Theory Matching Theory I28 Education Government Policy J78 Labor Discrimination Public Policy Keywords matching misallocation nontransferable utility multidimensional attributes

    Original URL path: http://econresearch.uchicago.edu/content/college-diversity-and-investment-incentives (2015-06-03)
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  • Gender Roles and Medical Progress | Becker-Friedman Institute Research Respository
    to begin with https instead of http Please contact site admin for help if this error continues User login CNetID or Username Password Request new password Log in Gender Roles and Medical Progress Maternal mortality was the second largest cause of death for women in childbearing years up until the mid 1930s in the United States For each death twenty times as many mothers were estimated to suffer pregnancy related conditions often leading to severe and prolonged disablement Poor maternal health made it particularly hard for mothers to engage in market work Between 1930 and 1960 there was a remarkable reduction in maternal mortality and morbidity We argue that these medical advances by enabling women to reconcile work and motherhood were essential for the joint rise in married women s labor force participation and fertility over this period We also show that the diffusion of infant formula played an important auxiliary role Authors Stefania Albanesi Federal Reserve Bank of New York Claudia Olivetti Boston University and NBER Publication Date January 2015 BFI Initiative Human Capital and Economic Opportunity JEL Classification I15 Health and Economic Development J13 Fertility Family Planning Child Care Children Youth J22 Time Allocation and Labor Supply N30

    Original URL path: http://econresearch.uchicago.edu/content/gender-roles-and-medical-progress (2015-06-03)
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  • Fostering and Measuring Skills: Improving Cognitive and Non-Cognitive Skills to Promote Lifetime Success | Becker-Friedman Institute Research Respository
    recent literature on measuring and fostering cognitive and non cognitive skills IQ tests and achievement tests do not adequately capture non cognitive skills personality traits goals character motivations and preferences that are valued in the labour market in school and in many other domains For many outcomes their predictive power rivals or exceeds that of cognitive skills This paper reviews a variety of interventions targeted to different stages of the life cycle We interpret all of the studies we examine within an economic model of skill development While it is difficult to compare different interventions because they are often multifaceted and target different populations nonetheless four conclusions emerge First the evidence base is larger on the long term effectiveness of interventions that start in early childhood and elementary school compared to their adolescent counter parts second when evaluating skill enhancement programmes it is vital to consider outcomes other than IQ or achievement test scores third the available evidence suggests that the most successful adolescent remediation programmes are not as effective as the most successful early childhood and elementary school programmes although adolescent mentoring and the provision of information can be very effective fourth adolescent remediation is possible for children who

    Original URL path: http://econresearch.uchicago.edu/content/fostering-and-measuring-skills-improving-cognitive-and-non-cognitive-skills-promote-lifetime (2015-06-03)
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  • Early Health Shocks, Intrahousehold Resource Allocation, and Child Outcomes | Becker-Friedman Institute Research Respository
    open question in the literature is whether families compensate or reinforce the impact of child health shocks Discussions usually focus on one dimension of child investment This paper examines multiple dimensions using household survey data on Chinese child twins whose average age is 11 We find that compared with a twin sibling who did not suffer from negative early health shocks at ages 0 3 the other twin sibling who did suffer negative health shocks received RMB 305 more in terms of health investments but received RMB 182 less in terms of educational investments in the 12 months prior to the survey In terms of financial transfers over all dimensions of investment the family acts as a net equalizer in response to early health shocks for children We estimate a human capital production function and establish that for this sample early health shocks negatively affect child human capital including health education and socioemotional skills Compensating investments in health as measured by BMI reduce the adverse effects of health shocks by 50 but exacerbate the adverse impact of shocks on educational attainment by 30 Authors Junjian Yi The University of Chicago James J Heckman The University of Chicago Junsen Zhang Chinese

    Original URL path: http://econresearch.uchicago.edu/content/early-health-shocks-intrahousehold-resource-allocation-and-child-outcomes (2015-06-03)
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  • Race, Ethnicity and High Cost Mortgage Lending | Becker-Friedman Institute Research Respository
    and High Cost Mortgage Lending This paper examines how high cost mortgage lending varies by race and ethnicity It uses a unique panel data that matches a representative sample of mortgages in seven large metropolitan markets between 2004 and 2008 to public records of housing transactions and proprietary credit reporting data The results reveal a significantly higher incidence of high costs loans for African American and Hispanic borrowers even after controlling for key mortgage risk factors they have a 7 7 and 6 2 percentage point higher likelihood of a high cost loan respectively in the home purchase market relative to an overall incidence of 14 8 percent among all home purchase mortgages Significant racial and ethnic differences are widespread throughout the market they are present i in each metro area ii across high and low risk borrowers and iii regardless of the age of the borrower These differences are reduced by 60 percent with the inclusion of lender fixed effects implying that a significant portion of the estimated market wide racial differences can be attributed to differential access to or sorting across mortgage lenders Authors Patrick Bayer Duke University Francisco Ferreira Stephen L Ross University of Connecticut Publication Date

    Original URL path: http://econresearch.uchicago.edu/content/race-ethnicity-and-high-cost-mortgage-lending (2015-06-03)
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  • Search The Research Repository | Becker-Friedman Institute Research Respository
    G12 Asset Pricing Trading volume Bond Interest Rates G13 Contingent Pricing Futures Pricing option pricing G14 Information and Market Efficiency Event Studies G15 International Financial Markets G17 Financial Forecasting and Simulation G18 General Financial Markets Government Policy and Regulation G20 Financial Institutions and Services General G21 Banks Depository Institutions Micro Finance Institutions Mortgages G22 Insurance Insurance Companies G24 Investment Banking Venture Capital Brokerage Ratings and Ratings Agencies G28 Financial Institutions and Services Government Policy and Regulation G30 Corporate Finance and Governance General G31 Capital Budgeting Fixed Investment and Inventory Studies Capacity G32 Financing Policy Financial Risk and Risk Management Capital and Ownership Structure Value of Firms Goodwill G33 Bankruptcy Liquidation G38 Corporate Finance and Governance Government Policy and Regulation H00 Public Economics General H11 Structure Scope and Performance of Government H20 Taxation Subsidies and Revenue General H21 Taxation and Subsidies Efficiency Optimal Taxation H23 Taxation and Subsidies Externalities Redistributive Effects Environmental Taxes and Subsidies H30 Fiscal Policies and Behavior of Economic Agents General H31 Fiscal Policies and Behavior of Economic Agents Household H32 Fiscal Policies and Behavior of Economic Agents Firm H40 Publicly Provided Goods General H52 National Government Expenditures and Education H55 Social Security and Public Pensions H56 National Security and War H60 National Budget Deficit and Debt General H62 National Deficit Surplus H63 National Debt Debt Management Sovereign Debt H70 State and Local Government Intergovernmental Relations General H75 State and Local Government Health Education Welfare Public Pensions H77 Intergovernmental Relations Federalism Secession I00 Health Education and Welfare General I10 Health General I11 Analysis of Health Care Markets I12 Health Production I14 Health and Inequality I15 Health and Economic Development I18 Health Government Policy Regulation Public Health I20 Education and Research Institutions General I21 Analysis of Education I22 Educational Finance I23 Higher Education and Research Institutions I24 Education and Inequality I28 Education Government Policy I29 Education Other I30 Welfare and Poverty General I31 General Welfare I38 Welfare and Poverty Government Programs Provision and Effects of Welfare Programs J00 Labor and Demographic Economics General J10 Demographic Economics General J11 Demographic Trends Macroeconomic Effects and Forecasts J12 Marriage Marital Dissolution Family Structure Domestic Abuse J13 Fertility Family Planning Child Care Children Youth J14 Economics of the Elderly Economics of the Handicapped Non labor Market Discrimination J15 Economics of Minorities Races and Immigrants Non labor Discrimination J16 Economics of Gender Non labor Discrimination J20 Demand and Supply of Labor General J21 Labor Force and Employment Size and Structure J22 Time Allocation and Labor Supply J23 Labor Demand J24 Human Capital Skills Occupational Choice Labor Productivity J26 Retirement Retirement Policies J30 Wages Compensation and Labor Costs General J31 Wage Level and Structure Wage Differentials J33 Compensation Packages Payment Methods J41 Labor Contracts J45 Public Sector Labor Markets J60 Mobility Unemployment and Vacancies General J61 Geographic Labor Mobility Immigrant Workers J62 Job Occupational and Intergenerational Mobility Promotion J63 Labor Turnover Vacancies Layoffs J64 Unemployment Models Duration Incidence and Job Search J70 Labor Discrimination General J71 Labor Discrimination J78 Labor Discrimination Public Policy J80 Labor

    Original URL path: http://econresearch.uchicago.edu/search?title=&field_research_initiative_tid_selective=All&field_research_jel_class_tid_selective=All&field_author_last_name_value=&page=1 (2015-06-03)
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