IZA Discussion Papers

published as 'Supporting small firms in a fragile context: Comparing matching and cash grants in Burkina Faso' in: Journal of Development Economics, 2024, 171.103344.

IZA Discussion Paper No. 14808

The Value of Sick Pay

Abi Adams-Prassl, Teodora Boneva, Marta Golin, Christopher Rauh

IZA Discussion Paper No. 14686

From Subsidies to Loans: The Effects of a National Student Finance Reform on the Choices of Secondary School Students

Alexandra de Gendre, Jan Kabátek

IZA Discussion Paper No. 14477

Liquidity or Capital? The Impacts of Easing Credit Constraints in Rural Mexico

Gabriela Aparicio, Vida Bobic, Fernando De Olloqui, María Carmen, María Carmen Fernández Diez, Maria Paula Gerardino, Oscar A. Mitnik, Sebastian Vargas Macedo

IZA Discussion Paper No. 14477

Liquidity or Capital? The Impacts of Easing Credit Constraints in Rural Mexico

Gabriela Aparicio, Vida Bobic, Fernando De Olloqui, María Carmen, María Carmen Fernández Diez, Maria Paula Gerardino, Oscar A. Mitnik, Sebastian Vargas Macedo

IZA Discussion Paper No. 14213

The Effect of Macroeconomic Uncertainty on Household Spending

Olivier Coibion, Dimitris Georgarakos, Yuriy Gorodnichenko, Geoff Kenny, Michael Weber

published in: American Economic Review, 2024, 114 (3), 645–677

IZA Discussion Paper No. 14051

Temporary International Migration, Shocks and Informal Insurance: Analysis Using Panel Data

Tanika Chakraborty, Manish Pandey

IZA Discussion Paper No. 13725

Are Older People Aware of Their Cognitive Decline? Misperception and Financial Decision Making

Fabrizio Mazzonna, Franco Peracchi

published in: Journal of Political Economy, 2024, 132 (6), 1793-1830

IZA Discussion Paper No. 13590

Contract Structure, Time Preference, and Technology Adoption

Shyamal Chowdhury, Joeri Smits, Qigang Sun

IZA Discussion Paper No. 13371

Religion in Economic History: A Survey

Sascha O. Becker, Jared Rubin, Ludger Woessmann

published in: A. Bisin, G. Federico (eds.), The Handbook of Historical Economics, London: Academic Press, 2021, 585-639

IZA Discussion Paper No. 13345

Monetary and Social Incentives in Multi-Tasking: The Ranking Substitution Effect

Matthias Stefan, Jürgen Huber, Michael Kirchler, Matthias Sutter, Markus Walzl

published in: European Economic Review, 2023, 56, 104458

IZA Discussion Paper No. 13315

Turning Vietnam's COVID-19 Success into Economic Recovery: A Job-Focused Analysis of Individual Assessments on Their Finance and the Economy

Hai-Anh H Dang, Long T. Giang

published in: Sustainability, 2021, 13 (19), 10664

IZA Discussion Paper No. 12743

Differences in Euro-Area Household Finances and their Relevance for Monetary-Policy Transmission

Thomas Hintermaier, Winfried Koeniger

revised version forthcoming in: Quantitative Economics, 2025

IZA Discussion Paper No. 12514

The Effects of Access to Credit on Productivity: Separating Technological Changes from Changes in Technical Efficiency

Nusrat Abedin Jimi, Plamen Nikolov, Mohammad Abdul Malek, Subal C. Kumbhakar

published in: Journal of Productivity Analysis, 2019, 52 (1-3), 37-55

IZA Discussion Paper No. 12497

Who Is a Passive Saver under Opt-In and Auto-Enrollment?

Gopi Shah Goda, Matthew R. Levy, Colleen Flaherty Manchester, Aaron Sojourner, Joshua Tasoff

published in: Journal of Economic Behavior & Organization, 2020, 173, 301-321

IZA Discussion Paper No. 11979

The Financial Decisions of Immigrant and Native Households: Evidence from Italy

Graziella Bertocchi, Marianna Brunetti, Anzelika Zaiceva

substantially revised version published in: Italian Economic Journal, 2023, 9, 117-174

IZA Discussion Paper No. 11945

Special Interest Groups versus Voters and the Political Economics of Attention

Patrick Balles, Ulrich Matter, Alois Stutzer

published in: Economic Journal, 2024, 134 (662), 2290 - 2320

IZA Discussion Paper No. 11762

Predicting Retirement Savings Using Survey Measures of Exponential-Growth Bias and Present Bias

Gopi Shah Goda, Matthew R. Levy, Colleen Flaherty Manchester, Aaron Sojourner, Joshua Tasoff

published in: Economic Inquiry, 2019, 57 (3), 1636 - 1658

IZA Discussion Paper No. 11142

Graduation Incentives Through Conditional Student Loan Forgiveness

Ulla Hämäläinen, Kristian Koerselman, Roope Uusitalo

IZA Discussion Paper No. 11032

Households Debt Restructuring: The Re-default Effect of a Debt Suspension

Henri Fraisse

published in: Journal of Law, Economics & Organization, 2017, 33 (4), 686 - 717

IZA Discussion Paper No. 10996

Up in STEM, Down in Business: Changing College Major Decisions with the Great Recession

Shimeng Liu, Weizeng Sun, John V. Winters

published in: Contemporary Economic Policy, 2019, 37(3), 476-491

IZA Discussion Paper No. 10965

Returns to Islamic Microfinance: Evidence from a Randomized Experiment in Pakistan

Maazullah, Arjun S. Bedi

published as 'Returns to Interest-free Microcredit: Evidence from a Randomised Experiment in Pakistan' in: Journal of Development Effectiveness, 2022, 14 (2), 93 - 107

IZA Discussion Paper No. 10965

Returns to Islamic Microfinance: Evidence from a Randomized Experiment in Pakistan

Maazullah, Arjun S. Bedi

published as 'Returns to Interest-free Microcredit: Evidence from a Randomised Experiment in Pakistan' in: Journal of Development Effectiveness, 2022, 14 (2), 93 - 107

IZA Discussion Paper No. 10323

Empowering the Vulnerable to Be Entrepreneurs: An Empirical Test on the Effectiveness of the Ghana Microfinance Policy 2006

Luis Diaz-Serrano, Frank Gyimah Sackey

IZA Discussion Paper No. 10231

Trade Shocks and the Provision of Local Public Goods

Leo Feler, Mine Zeynep Senses

published in: American Economic Review: Economic Policy, 2017, 9 (4), 101 - 143

IZA Discussion Paper No. 10153

How Do Labor Representatives Affect Incentive Orientation of Executive Compensation?

Katharina Dyballa, Kornelius Kraft

published in: CESifo Economic Studies, 2020, 66 (1), 60 - 90

IZA Discussion Paper No. 10099

'Even' After Access to Financial Services? Ricocheting Gender Equations

Shoba Arun, Samuel Annim, Thankom Gopinath Arun

IZA Discussion Paper No. 9622

Targeted Business Incentives and the Debt Behavior of Households

Wenhua Di, Daniel L. Millimet

published in: Empirical Economics, 2017, 52 (3), 1115-1142

IZA Discussion Paper No. 9572

Unemployment Risk and Over-Indebtedness: A Micro-Econometric Perspective

Philip Du Caju, François Rycx, Ilan Tojerow

also available as: European Central Bank Working Papers, 2016, No. 1908

IZA Discussion Paper No. 9387

Information Characteristics and Errors in Expectations: Experimental Evidence

Constantinos Antoniou, Glenn Harrison, Morten Lau, Daniel Read

published in: Journal of Financial and Quantitative Analysis, 2017, 52 (2), 737-750

IZA Discussion Paper No. 9267

Finance and Growth at the Firm Level: Evidence from SBA Loans

J. David Brown, John S. Earle

publlished in: Journal of Finance, 2017, 72 (3), 1039 - 1080

IZA Discussion Paper No. 9267

Finance and Growth at the Firm Level: Evidence from SBA Loans

J. David Brown, John S. Earle

publlished in: Journal of Finance, 2017, 72 (3), 1039 - 1080

IZA Discussion Paper No. 8999

Is Rationing in the Microfinance Sector Determined by the Microfinance Type? Evidence from Ghana

Luis Diaz-Serrano, Frank Gyimah Sackey

published as "Microfinance and credit rationing: does the microfinance type matter?" Journal of Sustainable Finance & Investment, 8(2), 114–131.

IZA Discussion Paper No. 8798

Local Political Budget Cycles in a Federation: Evidence from West German Cities

Marina Furdas, Katerina Homolkova, Krisztina Kis-Katos

IZA Discussion Paper No. 8635

The Impact of Health Insurance on Stockholding: A Regression Discontinuity Approach

Dimitris Christelis, Dimitris Georgarakos, Anna Sanz-de-Galdeano

revised version published in: Journal of Health Economics, 2020, 69, 102246.

IZA Discussion Paper No. 8542

Does Public Education Expansion Lead to Trickle-Down Growth?

Sebastian Böhm, Volker Grossmann, Thomas M. Steger

published as 'Does Expansion of Higher Education Lead to Trickle-Down Growth?' in: Journal of Public Economics, 2015, 132, 79-94

IZA Discussion Paper No. 8530

Household Finances and Well-Being: An Empirical Analysis of Comparison Effects

Sarah Brown, Daniel Gray

published in: Journal of Economic Psychology, 2016, 53, 17–36

IZA Discussion Paper No. 8302

Household Asset Holding Diversification in Australia

Francesco Mariotti, Karen A. Mumford, Yolanda Pena-Boquete

published in: Australian Economic Review, 2015, 48(1), 43-64

IZA Discussion Paper No. 8301

Household Finances and Social Interaction: Bayesian Analysis of Household Panel Data

Sarah Brown, Pulak Ghosh, Karl Taylor

published in: Review of Income and Wealth, 2016, 62 (3), 467-488

IZA Discussion Paper No. 8078

An Empirical Survey of the Ramifications of a Green Economy

Almas Heshmati

IZA Discussion Paper No. 7994

Crowdfunding, Cascades and Informed Investors

Simon C. Parker

IZA Discussion Paper No. 7978

Market vs. Residence Principle: Experimental Evidence on the Effects of a Financial Transaction Tax

Jürgen Huber, Michael Kirchler, Daniel Kleinlercher, Matthias Sutter

published in: Economic Journal, 2017, 127, F610-631

IZA Discussion Paper No. 7688

Is Climbing Difficult? A Gendered Analysis on the Use of Financial Services in Ghana and South Africa

Samuel Annim, Thankom Gopinath Arun

IZA Discussion Paper No. 7593

Multidimensional Targeting and Evaluation: A General Framework with an Application to a Poverty Program in Bangladesh

Virginia Robano, Stephen C. Smith

IZA Discussion Paper No. 7556

Modeling Income Dynamics for Public Policy Design: An Application to Income Contingent Student Loans

Tim Higgins, Mathias Sinning

published in: Economics of Education Review, 2013, 37 (1), 273-285

IZA Discussion Paper No. 7544

Do SBA Loans Create Jobs?

J. David Brown, John S. Earle

IZA Discussion Paper No. 7283

Fighting Poverty: Assessing the Effect of Guaranteed Minimum Income Proposals in Québec

Nicholas-James Clavet, Jean-Yves Duclos, Guy Lacroix

published in: Canadian Public Policy, 2013, 39 (4), 491-516

IZA Discussion Paper No. 7011

Higher Education in Turkey: Subsidizing the Rich or the Poor?

Asena Caner, Cagla Okten

IZA Discussion Paper No. 6952

Policy Responses to Fiscal Restraints: A Difference-in-Discontinuities Design

Veronica Grembi, Tommaso Nannicini, Ugo Troiano

published as 'Do Fiscal Rules Matter?' in: American Economic Journal: Applied Economics, 2016, 8 (3), 1-30

IZA Discussion Paper No. 6927

Savings and Prize-Linked Savings Accounts

Kadir Atalay, Fayzan Bakhtiar, Stephen L. Cheung, Robert Slonim

revised version published in: Journal of Economic Behavior and Organization, 2014, 107 (A), 86-106

IZA Discussion Paper No. 6610

Does High-Skilled Migration Affect Publicly Financed Investments?

Volker Grossmann, David Stadelmann

published in: Review of International Economics, 2012, 20 (5), 944-959.

IZA Discussion Paper No. 6093

Funding Self-Employment: The Role of Consumer Credit

Christoph Kneiding, Alexander S. Kritikos

published in: Applied Economics, 2013, 45 (13), 1741-1749

IZA Discussion Paper No. 5814

Exponential Growth Bias and Financial Literacy

Johan Almenberg, Christer Gerdes

published in: Applied Economics Letters, 2012, 19 (17), 1693-1696

IZA Discussion Paper No. 5532

Student Loan Reforms for German Higher Education: Financing Tuition Fees

Bruce Chapman, Mathias Sinning

published in: Education Economics, 2014, 22 (6), 569-588

IZA Discussion Paper No. 5428

Alumni Giving of Business Executives to the Alma Mater: Panel Data Evidence at a Large Metropolitan Research University

Albert A. Okunade, Phanindra V. Wunnava

published as 'Do Business Executives Give More to Their Alma Mater? Longitudinal Evidence from a Large University' in: American Journal of Economics and Sociology, 2013, 72 (3), 761–778

IZA Discussion Paper No. 5418

Income Pooling and Household Division of Labor: Evidence from Danish Couples

Catalina Amuedo-Dorantes, Jens Bonke, Shoshana Grossbard

IZA Discussion Paper No. 5159

Economic Governance of MFIs: Inside the Black Box

Thankom Gopinath Arun, Samuel Annim

IZA Discussion Paper No. 4901

Behavioral Foundations of Microcredit: Experimental and Survey Evidence from Rural India

Michal Bauer, Julie Chytilová, Jonathan Morduch

published in: American Economic Review, 2012, 102 (2), 1118-1139

IZA Discussion Paper No. 4822

A New Model for Equitable and Efficient Resource Allocation to Schools: The Israeli Case

Iris BenDavid-Hadar, Adrian Ziderman

published in: Education Economics, 2011, 19 (3), 341-362

IZA Discussion Paper No. 4758

Mortgage Finance in Central and Eastern Europe: Opportunity or Burden?

Thorsten Beck, Katie Kibuuka, Erwin R. Tiongson

IZA Discussion Paper No. 4739

Demographics, Fiscal Health, and School Quality: Shedding Light on School Closure Decisions

Sherrilyn M. Billger

IZA Discussion Paper No. 4641

The Determinants of High School Closures: Lessons from Longitudinal Data throughout Illinois

Sherrilyn M. Billger, Frank D. Beck

published in: Journal of Education Finance, 2012, 38 (2), 83-101

IZA Discussion Paper No. 4631

Mortgage Indebtedness and Household Financial Distress

Dimitris Georgarakos, Adriana Lojschova, Melanie E. Ward-Warmedinger

IZA Discussion Paper No. 4577

Do Institutions Have a Greater Effect on Female Entrepreneurs?

Saul Estrin, Tomasz Mickiewicz

published as 'Institutions and female entrepreneurship' in: Small Business Economics, 2011, 37 (4), 397-415

IZA Discussion Paper No. 4400

Do Better Paid Politicians Perform Better? Disentangling Incentives from Selection

Stefano Gagliarducci, Tommaso Nannicini

published in: Journal of the European Economic Association, 2013, 11 (2), 369-398

IZA Discussion Paper No. 4123

Entrepreneurial Entry: Which Institutions Matter?

Ruta Aidis, Saul Estrin, Tomasz Mickiewicz

published in: Grzegorz Kolodko and Jacek Tomkiewicz (eds.), 20 Years of Transformation: Achievements, Problems and Perspectives, New York: Nova, 2011

IZA Discussion Paper No. 3863

Convergence in Institutions and Market Outcomes: Cross-Country and Time-Series Evidence from the BEEPS Surveys in Transition Economies

Pradeep Mitra, Alexander Muravyev, Mark E Schaffer

substantially revised version published as 'Labor reallocation and firm growth: benchmarking transition countries against mature market economies' in: IZA Journal of Labor & Development, 2014, 3:13

IZA Discussion Paper No. 3758

Does Gender Matter for Firm Performance? Evidence from Eastern Europe and Central Asia

Shwetlena Sabarwal, Katherine Terrell

IZA Discussion Paper No. 3743

Are Women More Credit Constrained? Experimental Evidence on Gender and Microenterprise Returns

Suresh de Mel, David McKenzie, Christopher Woodruff

published in: American Economic Journal: Applied Economics, 2009, 1(3), 1-32

IZA Discussion Paper No. 3722

Human Capital Investment with Competitive Labor Search

Leo Kaas, Stefan Zink

published in: European Economic Review, 2011, 55 (4), 520-534

IZA Discussion Paper No. 3481