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Can We Test for Bias in Scientific Peer-Review?
In: IZA Discussion Paper No. 3665
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A Suggested Method for the Measurement of World-Leading Research (Illustrated with Data on Economics)
In: IZA Discussion Paper No. 4313
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Inequality, well-being, and the problem of the unknown reporting function
In: Proceedings of the National Academy of Sciences of the United States of America (PNAS), Band 119, Heft 50, S. 1-3
Age, Death Risk, and the Design of an Exit Strategy: A Guide for Policymakers and for Citizens Who Want to Stay Alive
Some commentators argue for a fairly general release from COVID-19 lockdown. That has a troubling flaw. It ignores the fatality risks that will then be faced by citizens in midlife and older. This paper provides information on the strong age-pattern in the risk of death from three countries (China, Italy, the UK). If politicians want an imminent removal of the lockdown, the safest approach in our judgment would be a rolling age-release strategy combined with the current principle of social distancing. But even if that is not the policy adopted, citizens need to be shown graphs of the kind in this paper. Honest guidance ought to be given to those in midlife and beyond. Governments have to allow people to understand their personal risk after any release from lockdown.
BASE
National Happiness and Genetic Distance: A Cautious Exploration
In: The economic journal: the journal of the Royal Economic Society, Band 127, Heft 604, S. 2127-2152
ISSN: 1468-0297
National Well-being Policy and a Weighted Approach to Human Feelings
Governments are becoming interested in the concept of human well-being and how truly to assess it. As an alternative to traditional economic measures, some nations have begun to collect information on citizens' happiness, life satisfaction, and other psychological scores. Yet how could such data actually be used? This paper is a cautious attempt to contribute to thinking on that question. It suggests a possible weighting method to calculate first-order changes in society's well-being, discusses some of the potential principles of democratic 'well-being policy', and (as an illustrative example) reports data on how sub-samples of citizens believe feelings might be weighted.
BASE
National well-being policy and a weighted approach to human feelings☆
Governments are becoming interested in the concept of human well-being and how truly to assess it. As an alternative to traditional economic measures, some nations have begun to collect information on citizens' happiness, life satisfaction, and other psychological scores. Yet how could such data actually be used? This paper is a cautious attempt to contribute to thinking on that question. It suggests a possible weighting method to calculate first-order changes in society's well-being, discusses some of the potential principles of democratic 'well-being policy', and (as an illustrative example) reports data on how sub-samples of citizens believe feelings might be weighted.
BASE
National Happiness and Genetic Distance: A Cautious Exploration
In: CESifo Working Paper Series No. 5659
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Working paper
Human Well-being and In-Work Benefits: A Randomized Controlled Trial
Many politicians believe they can intervene in the economy to improve people's lives. But can they? In a social experiment carried out in the United Kingdom, extensive in-work support was randomly assigned among 16,000 disadvantaged people. We follow a sub-sample of 3,500 single parents for 5 ensuing years. The results reveal a remarkable, and troubling, finding. Long after eligibility had ceased, the treated individuals had substantially lower psychological well-being, worried more about money, and were increasingly prone to debt. Thus helping people apparently hurt them. We discuss a behavioral framework consistent with our findings and reflect on implications for policy.
BASE
Does Money Make People Right-Wing and Inegalitarian? A Longitudinal Study of Lottery Winners
The causes of people's political attitudes are largely unknown. We study this issue by exploiting longitudinal data on lottery winners. Comparing people before and after a lottery windfall, we show that winners tend to switch towards support for a right-wing political party and to become less egalitarian. The larger the win, the more people tilt to the right. This relationship is robust to (i) different ways of defining right-wing, (ii) a variety of estimation methods, and (iii) methods that condition on the person previously having voted left. It is strongest for males. Our findings are consistent with the view that voting is driven partly by human self-interest. Money apparently makes people more right-wing.
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How Should Peer‐review Panels Behave?
In: The economic journal: the journal of the Royal Economic Society, Band 123, Heft 570, S. F255-F278
ISSN: 1468-0297
How should peer-review panels behave?
Many governments wish to assess the quality of their universities. A prominent example is the UK's new Research Excellence Framework (REF) 2014. In the REF, peer-review panels will be provided with information on publications and citations. This paper suggests a way in which panels could choose the weights to attach to these two indicators. The analysis draws in an intuitive way on the concept of Bayesian updating (where citations gradually reveal information about the initially imperfectly-observed importance of the research). Our study should not be interpreted as the argument that only mechanistic measures ought to be used in a REF.
BASE
Book Review Feature: Two Reviews ofThe Challenge of Affulence: Self‐Control and Well‐Being in the United States and Britain Since 1950
In: The economic journal: the journal of the Royal Economic Society, Band 117, Heft 521, S. F441-F454
ISSN: 1468-0297
Death, Happiness, and the Calculation of Compensatory Damages
In: IZA Discussion Paper No. 3159
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