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A Flexible Model of Food Security : Estimation and Implications for Prediction
Davis, Will; Xilau, Jose O.; Tchernis, Rusty; Gregory, … - National Bureau of Economic Research - 2024
features. It produces continuous food security estimates and measures of estimation uncertainty at the household level. Unlike … Health and Nutrition Examination Survey (NHANES), we estimate our BGRM for responses to the 10 adult core Food Security … latent trait estimation. We observe overlap in BGRM estimates across USDA-defined food security categories and significant …
Persistent link: https://www.econbiz.de/10014544738
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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
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Causal Interpretation of Structural IV Estimands
Andrews, Isaiah; Barahona, Nano; Gentzkow, Matthew Aaron; … - National Bureau of Economic Research - 2023
We study the causal interpretation of instrumental variables (IV) estimands of nonlinear, multivariate structural models with respect to rich forms of model misspecification. We focus on guaranteeing that the researcher's estimator is sharp zero consistent, meaning that the researcher concludes...
Persistent link: https://www.econbiz.de/10014421224
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Revisiting Productivity Dynamics in Europe : A New Measure of Utilization-Adjusted TFP Growth
Comin, Diego; Quintana, Javier; Schmitz, Tom; Trigari, … - National Bureau of Economic Research - 2023
We compute new estimates for Total Factor Productivity (TFP) growth in five European countries and in the United States. Departing from standard methods, we account for positive profits and use firm surveys to proxy for unobserved changes in factor utilization. These novelties have a major...
Persistent link: https://www.econbiz.de/10014247926
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Global Natural Rates in the Long Run : Postwar Macro Trends and the Market-Implied r* in 10 Advanced Economies
Davis, Joshua M.; Fuenzalida, Cristian; Huetsch, Leon; … - National Bureau of Economic Research - 2023
theory and previous findings …
Persistent link: https://www.econbiz.de/10014421212
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State-Dependent Local Projections : Understanding Impulse Response Heterogeneity
Cloyne, James; Jordà, Òscar; Taylor, Alan M. - National Bureau of Economic Research - 2023
An impulse response is the dynamic average effect of an intervention across horizons. We use the well-known Kitagawa-Blinder-Oaxaca decomposition to explore a response's heterogeneity over time and over states of the economy. This can be implemented with a simple extension to the usual local...
Persistent link: https://www.econbiz.de/10014226168
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Equity Term Structures without Dividend Strips Data
Giglio, Stefano; Kelly, Bryan T.; Kozak, Serhiy - National Bureau of Economic Research - 2023
-diversified equity portfolio. We do not use any dividend strips data in the estimation of the model; however, model-implied equity yields …
Persistent link: https://www.econbiz.de/10014250137
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Natural and Neutral Real Interest Rates : Past and Future
Obstfeld, Maurice - National Bureau of Economic Research - 2023
This paper surveys the decline in real interest rates in advanced and emerging economies over the past several decades, linking that process to a range of global factors that have operated with different force in different periods. The paper argues that estimates of long-run equilibrium real...
Persistent link: https://www.econbiz.de/10014447270
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Local Projections
Jordà, Òscar; Taylor, Alan M. - National Bureau of Economic Research - 2024
A central question in applied research is to estimate the effect of an exogenous intervention or shock on an outcome. The intervention can affect the outcome and controls on impact and over time. Moreover, there can be subsequent feedback between outcomes, controls and the intervention. Many of...
Persistent link: https://www.econbiz.de/10015056147
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Nachhaltige Bewirtschaftung natürlicher Ressourcen : Erfolgsfaktoren in komplexen sozial-ökologischen Systemen
Frey, Ulrich - 2018 - [1. Auflage]
Persistent link: https://www.econbiz.de/10011821757