Repositorio Digital de la Universidad de Montevideo: Envíos recientes
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Uncertain penalties and compliance
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2014)Using a series of laboratory economic experiments, we study the effect of information regarding the amount of the fine on the individual decision to violate an emission standard. Specifically, the analysis ... -
Relative deprivation and risky behaviors
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2013)Relative deprivation has been associated with lower socialand job satisfaction as well as adverse health outcomes. Using Add Health data, we examine whethera student’srelative socioeconomic status (SES)has a direct effect ... -
Supermarket entry and the survival of small stores
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2013)We analyze the effect of supermarket entry on the exit of small stores in the food retailing sector in Montevideo between 1998 and 2007. We use detailed geographical information to identify the ... -
Does the better -than- average effect show that people are overconfident?: two experiments
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2013)We conduct two experiments of the claim that people are overconfident, using newtests of overplacement that are based on a formal Bayesian model. Our two experi-ments, on easy quizzes, find overplacement. More precisely, ... -
Fairness and redistribution, a comment
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2013)We provide an example that shows that in the Alesina and Angeletos (2005) model one can obtain multiplicity even if luck plays no role inthe economy. Thus, it is not critical that the noise to signal ratio beincreasing in ... -
Does the structure of the fine matter?
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2013)We study individual compliance behavior with respect to a legal norm in an experimental setting under two different regulatory instruments: emission standards and tradable pollution permits. ... -
Complementarity of inspections and permits as leverages for capping emissions: experimental evidence
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2012)Recent analysis on the cost-effectiveness of inducing perfect compliance in cap and trade programs is based on the possibility that a regulator has of inducing each individual firm to emit the same ... -
Joint-liability vs. individual incentives in the classroom. Lessons from a field experiment with undergraduate student
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2012)We evaluate the impact of joint-liabilityincentives in the classroomusing a randomized field experiment.The instructor designsgroups of three studentsin the classroom and providesa premiumto their ... -
Mechanisms behind substance abuse and rugby. Lessons from a field experiment with incarcerated offenders
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2012)There are a broad range of rehabilitation programs but results differ significantly among them, from positive to no-effect programs –and even to negative-effect programs. Hence, in order to guide policy, ... -
Impact evaluation of a privately managed tuition-free middle school in a poor neighborhood in Montevideo
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2012)Using a randomized trial, we evaluate the impact of afreeprivately-managed middle schoolin a poor neighborhood. The research comparesovertimeadolescents randomly selectedto enterLiceo-Jubilarand thosethat were notdrawn in ... -
Anger and regulation
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2012)We study a model where agents experience anger when they see a firm that hasdisplayed insufficient concern for their clients' welfare (altruism) makes high profits.Regulation can increase welfare, for example, through fines ... -
The effectiveness of prenatal care in a low income population: a panel data approach
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2012)This paper analyzes the impact of prenatal care on the likelihood of low birth weight and prematurity using panel data on births taking place between 1995 and 2008 in the largest maternity ward in Uruguay. The use of ... -
Peer effects in risk aversion
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2012)Using data onUruguayan adolescents, we estimate peer effects in risk attitudes. Relative risk aversion is elicited in an experimental setting. Identification is based on parents not being able to ... -
The problem of prevention
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2011)Many disasters are foreshadowed by insu¢ cient preventive care. In this paper, we argue that there is a true problem of prevention , in that insu¢ cient care is often the result of rational calculations on the part of ... -
Fecundidad e ingresos en Uruguay
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2011)En este artículo trato de identificar y estimar el efecto de la fecundidad en los ingresos familiares. La endogeneidad de la decisión de tener un segundo hijo la analizo con una muestra de mellizos en el primer nacimiento ... -
How far do shocks move across borders? examining volatility transmission in major agricultural futures markets
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2011)This paper examines the level of interdependence and volatility transmission in global agricultural futures markets. We follow a multivariate GARCH approach to explore the dynamics and cross-dynamics of volatility across ... -
Giving a second chance: an after-school program in a shantytown interacting with parents´ type
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2011)Most discussion of after-school programs in shantytowns has centered on estimating mean impacts of programs, and results are not conclusive. Previous literature provides some explanations for these mixed results but this ... -
The relationship between inflation and growth: a panel smooth transition regression approach for developed and developing countries
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2011)This paper studies the existence for a set of countries of an inflation threshold above which its effect on economic growth is negative, considering the speed of transition from one inflation regime to the other. Using a ... -
Apparent overconfidence
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2011)It is common for a majority of people to rank themselves as better than average on simple tasks and worse than average on difficult tasks. The literature takes for granted that this apparent misconfidence is problematic. ... -
Free to punish? The american dream and the harsh treatment of criminals
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2011)We describe the evolution of selective aspects of punishment in the US over the period 1980-2004. We note that imprisonment increased around 1980, a period that coincides with the “Reagan revolution” in economic matters. ...