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Coordination Failure in Experimental Banks of Different Sizes

We run a laboratory experiment to investigate how group size affects coordination in a bank-run game, in which participants choose simultaneously whether to withdraw or not and groups change over time. We find that bank-size significantly affects the …

Outlier Detection for Welfare Analysis

Extreme values are common in survey data and represent a recurring threat to the reliability of both poverty and inequality estimates. The adoption of a consistent criterion for outlier detection is useful in many practical applications, particularly …

Estimation and Inference in the Presence of Neighborhood Unobservables

Recent literature emphasizes the importance of accounting for local unobserved effects, which may stem from either omitted neighborhood characteristics or shocks. As in a panel data setting, we exploit neighborhood data transformations to eliminate …