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The variance upper bound for a mixed random variable
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2017)
In this note, we derive upper bounds on the variance of a mixed random variable. Our results are an extension of previous results for unimodal and symmetric random variables. The novelty of our findings is that this mixed ...
Whistleblowers on the board? The role of independent directors in cartel prosecutions
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2017)
Stock market reactions to news of cartel prosecutions are muted when indicted firms have a high
proportion of independent directors serving on their boards. This finding is robust to self-selection
and is more pronounced ...
Spiritual practices and dispositional optimism in an underprivileged population
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2017)
Optimism seems to foster the ability to manage adverse situations better - a finding especially relevant for disadvantaged populations. Employing a unique sample from a small underprivileged village, we study the association ...
Frequency of testing. Lessons from a field experiment in higher education
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2017)
Purpose: The purpose of this study is to investigate the effect of frequent testing on the performance of undergraduate freshmen.
Methodology: The impact evaluation of the intervention is designed as a field experiment ...
Positive parenting: babies and toddlers group-based parental interventions
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2017)
Early childhood development is increasingly recognized as a key public issue. Parenting interventions form an important evidence-based strategy to foster infant-toddler cognitive and language skills, motor and socio-emotional ...
Gender differences to relative performance feedback: a field experiment in education
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2017)
Individuals care about both their absolute performance and their performance relative to others. For example, workers satisfaction is affected not only by their nominal wage but also by the comparison of their salaries ...
The deterrence effect of linear versus convex penalties in environmental policy: laboratory evidence
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2017)
We study the individual compliance behavior of polluting firms in an experimental setting under two different penalty functions (a linear and a strictly convex) and two different regulatory ...
Peer and parental influence in the development of cognitive skills and predispostion to risky behaviour
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2017)
This paper analyzes the strategic interactions between peers and parents in the development of adolescent’s cognitive skills and non-cognitive skills, as proxied by the predisposition to use substances. We estimate a ...