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The Dollar versus the Euro as International Reserve Currencies

Chinn, Menzie David; Frankel, Jeffrey A.; Itō, Hiro - National Bureau of Economic Research - 2024

currencies are less successfully explained. It may be that the results from currency-by-currency estimation are impaired by …

Persistent link: https://www.econbiz.de/10014528426

Unemployment in the Great Recession : A Comparison of Germany, Canada and the United States

Hoffmann, Florian - 2014

This paper investigates the potential reasons for the surprisingly different labor market performance of the United States, Canada, Germany, and several other OECD countries during and after the Great Recession of 2008-09. Unemployment rates did not change substantially in Germany, increased and...

Persistent link: https://www.econbiz.de/10012457972

Do Central Banks Rebalance Their Currency Shares?

Chinn, Menzie David; Itō, Hiro; McCauley, Robert N. - National Bureau of Economic Research - 2021

Do central banks rebalance their currency shares? The answer matters because the dollar's predominant role in large official reserve holdings means that widespread rebalancing requires central banks to buy (sell) a depreciating (appreciating) dollar, stabilising its value against other major...

Persistent link: https://www.econbiz.de/10012616637

Labor Market Institutions and the Distribution of Wages : The Role of Spillover Effects

Fortin, Nicole Marie; Lemieux, Thomas; Lloyd, Neil - National Bureau of Economic Research - 2021

This paper examines the role of spillover effects of minimum wages and threat effects of unionization in changes in wage inequality in the United States between 1979 and 2017. A distribution regression framework is introduced to estimate both types of spillover effects. Threat effects double the...

Persistent link: https://www.econbiz.de/10012482593

The effects of pre-trial detention on conviction, future crime, and employment : evidence from randomly assigned judges

Dobbie, Will; Goldin, Jacob; Yang, Crystal - 2016

Over 20 percent of prison and jail inmates in the United States are currently awaiting trial, but little is known about the impact of pre-trial detention on defendants. This paper uses the detention tendencies of quasi-randomly assigned bail judges to estimate the causal effects of pre-trial...

Persistent link: https://www.econbiz.de/10011578513

Quantifying the Uncertainty of Imputed Demographic Disparity Estimates : The Dual-Bootstrap

Lu, Benjamin; Wan, Jia; Ouyang, Derek; Goldin, Jacob; … - National Bureau of Economic Research - 2024

Measuring average differences in an outcome across racial or ethnic groups is a crucial first step for equity assessments, but researchers often lack access to data on individuals' races and ethnicities to calculate them. A common solution is to impute the missing race or ethnicity labels using...

Persistent link: https://www.econbiz.de/10014528352

Estimating Racial Disparities When Race is Not Observed

McCartan, Cory; Fisher, Robin; Goldin, Jacob; Ho, Daniel E. - National Bureau of Economic Research - 2024

The estimation of racial disparities in various fields is often hampered by the lack of individual-level racial … Instrumental Regression for Disparity Estimation (BIRDiE), that take BISG probabilities as inputs and produce racial disparity … estimates by using surnames as an instrumental variable for race. Our estimation method is scalable, making it possible to …

Persistent link: https://www.econbiz.de/10014528412