Archive for August 25th, 2016

Does negative marking impact exam writing?

August 25, 2016

Really interesting research findings by Pelin Akyol, James Key, Kala Krishna.

They use a Turkish data on an exam where there was negative marking. Did the marking effect student’s choice of whether to skip the question or guess the same? What about gender differences given girls are seen as more risk averse.

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Lehman and Fed: Mystery deepens..

August 25, 2016

Prof. Laurence Ball’s paper has been making news. The US officials let Lehman go in really adverse  times. They have told us the i-bank could not be saved as it did not have any collateral. Though, few doubted this narrative.

In this shorter post, he explains that this narrative is wrong. Lehman could have been saved and it was just a political decision to let it go. They also underestimated the costs of the blowup:

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