Search results for "difference in differences"
showing 10 items of 12 documents
Centralised or decentralised banking supervision? Evidence from European banks
2021
Abstract This paper analyses the impact of the Banking Union on European bank credit risk. Specifically, we investigate the effect that the establishment of the Single Supervisory Mechanism has had on the credit risk of the banks it supervises in comparison to financial institutions that are still supervised by National Supervisory Authorities. We analyse a sample of 746 European banks over the period 2011–2018, by means of a difference-in-differences methodology. We provide empirical evidence that Single Supervisory Mechanism supervised banks reduced credit risk exposure compared to banks supervised by National Supervisory Authorities, suggesting that the Banking Union has successfully red…
School-age vaccination, school openings and Covid-19 diffusion
2022
This article investigates the relationship between school openings and Covid-19 diffusion when school-age vaccination becomes available. The analysis relies on a unique geo-referenced high frequency database on age of vaccination, Covid-19 cases and hospitalization indicators from the Italian region of Sicily. The study focuses on the change of Covid-19 diffusion after school opening in a homogeneous geographical territory (i.e., with the same control measures and surveillance systems, centrally coordinated by the Regional Government). The identification of causal effects derives from a comparison of the change in cases before and after school opening in the school year 2020/21, when vaccin…
A tale of two trade-offs: Effects of opening pathways from vocational to higher education
2021
Abstract This paper studies the effects of a vocational secondary school reform implemented in Finland between 1999 and 2001. The reform extended vocational two-year programs to three years and made all graduates eligible to apply for university. For identification, we exploit the gradual implementation of the reform, and use a differences-in-differences approach and administrative register data up to 13 years after the reform. We find no long-term effect on enrollment in further education or labor market outcomes. However, our results illustrate that the reform increased the dropout probability. Thus, the benefits of opening pathways from vocational to higher education may be outweighed by…
The Electoral Effects of Offshoring-Induced Mass-Layoffs: Germany in Comparative Perspective
2012
How does globalization’s impact on the labor market affect political preferences? This study takes up the strategy of a recent contribution (Margalit 2011a) and studies the local electoral effects of regional job losses due to offshoring. By applying the analytical strategy to German national elections in 2005 and 2009, it studies whether and how the finding on U.S. presidential elections travels to other contexts. Theoretically, the contribution adds a perspective suggested by previous research on the individual level political consequences of the globalization-labor market link that addresses the likely social policy preferences of globalization’s losers. Preliminary empirical results ind…
Does hospital competition harm equity? Evidence from the English National Health Service
2011
Increasing evidence shows that hospital competition under fixed prices can improve quality and reduce cost. Concerns remain, however, that competition may undermine socio-economic equity in the utilisation of care. We test this hypothesis in the context of the pro-competition reforms of the English National Health Service progressively introduced from 2004 to 2006. We use a panel of 32,482 English small areas followed from 2003 to 2008 and a difference in differences approach. The effect of competition on equity is identified by the interaction between market structure, small area income deprivation and year. We find a negative association between market competition and elective admissions …
The effects of using participatory working time scheduling software on sickness absence: A difference-in-differences study.
2020
Abstract Background Participatory working time scheduling is a collaborative approach to scheduling shift work. As a potential way of improving work time control, it may provide a means to reducing sickness absence in shift work. So far, experimental and quasi-experimental studies on the effects of increased work time control on sickness absence are lacking. Objective To investigate the effects of using digital participatory working time scheduling software on ward-level sickness absence among Finnish hospital employees. Participants and methods This quasi-experimental study compared the amount of sickness absence in hospital wards using a participatory working time scheduling software (n=1…
Tuition fees and student effort at university
2018
Abstract This paper presents theoretical and empirical evidence that an increase in tuition fees may boost university students’ academic effort. We examine the tuition fee rise introduced in 2012 by Spanish universities, where students register and pay for their chosen modules and fees increase each time students retake a module until they pass it. Data refer to students of economics, business and medicine at the University of Valencia during 2010–2014. The fact that some students pay fees in full while others are exempt from payment provides an identifying source of variation that we exploit using a flexible difference-in-differences methodology.
The economic impact of audit failures
2022
This paper examines the economic consequences associated with an audit failure in the field of statutory auditing services, by analyzing changes in the audit firm’s market share around the time of the investigation process undertaken by the Spanish Public Oversight Board. We explore the variations in audit market share by applying the difference in differences method to a treatment group of 70 sanctioned audit firms and a matched control group of 70 non-sanctioned audit firms. The period of analysis covers the years from 1999 to 2015. Our results show that the sanctioned audit firms suffered a significant decrease in their relative number of clients. Moreover, this measure of market share d…
The Road to Higher Prices: Will Improved Road Standards Lead to Higher Housing Prices?
2020
AbstractWe study the impact of improved road standards on housing prices in a region of Southern Norway, where towns are located along the coast, like pearls on a string, with sparsely populated areas between the towns. In this region towns have since long been linked together by a road, but in 2009 a new highway, roughly parallel to the old road, was opened. The new highway runs Eastwards from the main town in the region and reduced one-way commutes to the main town by 10–15 min. We examine how this change in transportation infrastructure has affected housing prices, using difference-in-difference regressions to identify the impact of the new highway. Three smaller towns located East of th…
More hours, more jobs? The employment effects of longer working hours
2014
Increases in standard hours of work have been a contentious policy issue in Germany. Whilst this might directly lead to a substitution of workers by hours, there may also be a positive employment effect due to reduced costs. Moreover, the response of firms may differ between firms that offer overtime and those that do not. For a panel of German plants (2001–2006) drawn from the IAB Establishment Panel, we are the first to analyse the effect of increased standard hours on employment. Using difference-in-difference methods we find that, consistent with theory, overtime plants showed a significant positive employment response, whilst for standard-time plants there is no difference between plan…