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Given data on a scalar random variable , a prediction set for with miscoverage level is a set of values for that contains a randomly drawn with probability 1 − , where ∈ (0, 1). Among all prediction sets that satisfy this coverage property, t...
Why do workers delay retirement when their early retirement age (ERA) rises? Understanding this is essential for predicting the effects of ERA increases in different contexts and assessing distributional impacts of such reforms. We study ten years...
In UK data, I document the prevalence of misbeliefs regarding the State Pension eligibility age (SPA) and these misbeliefs predictivity of retirement. Exploiting policy variation, I estimate a lifecycle model of retirement in which rationally inat...
This paper studies tax evasion and the contribution-benefit link in the context of maternity benefits in Hungary. Earnings and employment patterns suggest pre-pregnancy underreporting, followed by formalization of some earnings and employment duri...
We estimate the impact of firm quality – primarily measured by firm productivity – on the health maintenance of employees. Using linked employer-employee administrative panel data from Hungary, we analyze the dynamics of healthcare use before and ...
We introduce a novel framework for individual-level welfare analysis. It builds on a parametric model for continuous demand with a quasilinear utility function, allowing for heterogeneous coefficients and unobserved individual-good-level preferenc...
Many economic panel and dynamic models, such as rational behavior and Euler equations, imply that the parameters of interest are identified by conditional moment restrictions. We introduce a novel inference method without any prior information abo...
This paper develops a novel method for policy choice in a dynamic setting where the available data is a multi-variate time series. Building on the statistical treatment choice framework, we propose Time-series Empirical Welfare Maximization (T-EWM...
Multivalued treatments are commonplace in applications. We explore the use of discrete-valued instruments to control for selection bias in this setting. Our discussion revolves around the concept of targeting: which instruments target which treatm...
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...