In this review report, I will summarize Jepsen and Rivikin’s paper based on my presentation on February 7, and I will highlight some of the points based on the comments made in our discussion. My review proceeds according to the following outline:

  1. Background and motivation
  2. Research question and main results
  3. Relation with literature
  4. Empirical model
  5. Data and descriptive results
  6. Analytical results
  7. Conclusion and policy implications

Slides here;

Review on Jepsen and Rivikin;