The net product in the Formule du Tableau Economique: Lessons from a formalism

Portuguese Economic Journal - It is well known since Phillips (1955) that the Formule du Tableau Economique can be translated into an input–output table. Phillips's translation is however...     

Race-based affirmative action for higher education in Brazil: Impact assessment on performance,time, and delay in completion*

This paper aims to investigate the impact of race-based affirmative action for higher education in Brazil, through the effects of applying under a quota versus the open system for Black, Brown, and Indigenous people, on academic performance, time, and delay in completion. The data used were obtained by the survey of the National Student Performance Examination (Enade) from 2016 to 2018. Through the propensity score matching methodologies, entropy balancing, empirical quantile regression strategy, and Lewbel method, a small statistically significant negative impact on students' performance was observed. Significant effects on time and delay in completion were not found in most of the estimators used. We also observed that older students and students who are male, lack, or Indigenous are more likely to choose to enter via racial quotas, while students who live with their parents or spouse and students who have some source of income are less likely to participate in the policy.     

Effects of psychological pressure on first-mover advantage in competitive environments: Evidence from penalty shootouts

In this paper, we aim to determine the importance of psychological pressure on performance in sequential tournaments. We make use of penalty shootouts in soccer and test the presence of first-mover advantage. Shootouts in soccer is a formidable framework because it is a natural experiment where teams compete in a sequence whose order is determined by the random outcome of a coin toss. Using data from all 663 penalty shootouts in all major competitions since first implemented in 1970, we fail to identify statistically significant differences in winning probabilities for teams kicking first or second in the shootout sequence.