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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
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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
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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
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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
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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
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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