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All Clear for Takeoff : Evidence from Airports on the Effects of Infrastructure Privatization

Howell, Sabrina T.; Jang, Yeejin; Kim, Hyeik; Weisbach, … - National Bureau of Economic Research - 2022

airport performance along a rich array of dimensions such as passengers per flight, total passengers, number of routes, number … rather than operational changes. Overall, we find little evidence that privatization alone increases airport performance …. These effects are largest when there is a competing airport nearby. Finally, we show that outright ownership rather than …

Persistent link: https://www.econbiz.de/10013435106

New Area- and Population-based Geographic Crosswalks for U.S. Counties and Congressional Districts, 1790–2020

Ferrara, Andreas; Testa, Patrick A.; Zhou, Liyang - National Bureau of Economic Research - 2024

In applied historical research, geographic units often differ in level of aggregation across datasets. One solution is to use crosswalks that associate factors located within one geographic unit to another, based on their relative areas. We develop an alternative approach based on relative...

Persistent link: https://www.econbiz.de/10014512060

Production, Trade, and Cross-Border Data Flows

Chang, Qing; Cong, Lin William; Liyong, Wang; Zhang, … - National Bureau of Economic Research - 2023

We build a two-country general equilibrium model to analyze the effects of cross-border data flows and pre-existing development gaps in data economies on each country's production and international trade. Raw data as byproducts of consumption can be transformed into various types of working data...

Persistent link: https://www.econbiz.de/10014322803

Principal Component Analysis for Nonstationary Series

Hamilton, James D.; Xi, Jin - National Bureau of Economic Research - 2024

This paper develops a procedure for uncovering the common cyclical factors that drive a mix of stationary and nonstationary variables. The method does not require knowing which variables are nonstationary or the nature of the nonstationarity. An application to the FRED-MD macroeconomic dataset...

Persistent link: https://www.econbiz.de/10014468268

Consumer Credit Reporting Data

Gibbs, Christa; Guttman-Kenney, Benedict; Lee, Donghoon; … - National Bureau of Economic Research - 2024

Since the 2000s, economists across fields have increasingly used consumer credit reporting data for research. We introduce readers to the economics of and the institutional details of these data. Using examples from the literature, we provide practical guidance on how to use these data to...

Persistent link: https://www.econbiz.de/10015056115

Who Benefits From The Export-Import Bank Aid?

Benmelech, Efraim; Monteiro, Joao - National Bureau of Economic Research - 2023

We study the effectiveness of government aid to exporters by exploring an exogenous shock that affected the ability of the Export-Import Bank of the United States (EXIM) to provide aid to U.S. exporters through loan guarantees to importers. We focus on Boeing, the largest individual recipient of...

Persistent link: https://www.econbiz.de/10014337795

Global High-Resolution Estimates of the United Nations Human Development Index Using Satellite Imagery and Machine-learning

Sherman, Luke; Proctor, Jonathan; Druckenmiller, Hannah; … - National Bureau of Economic Research - 2023

The United Nations Human Development Index (HDI) is arguably the most widely used alternative to gross domestic product for measuring national development. This is in large part due to its multidimensional nature, as it incorporates not only income, but also education and health. However, the...

Persistent link: https://www.econbiz.de/10014247965

Measuring the Characteristics and Employment Dynamics of U.S. Inventors

Akcigit, Ufuk; Goldschlag, Nathan - National Bureau of Economic Research - 2023

Innovation is a key driver of long run economic growth. Studying innovation requires a clear view of the characteristics and behavior of the individuals that create new ideas. A general lack of rich, large-scale data has constrained such analyses. We address this by introducing a new dataset...

Persistent link: https://www.econbiz.de/10014248004

Using Administrative Data to Impute Income Non-Response in Household Surveys

Smith, Vincent Kerry; Welsh, Michael P.; Carson, Richard T. - National Bureau of Economic Research - 2022

Income is simultaneously one of the most important variables used by economists and the variable most likely to be missing due to item non-response. While observations that are missing income responses are often dropped from analyses, such treatment is usually inappropriate. More appropriate...

Persistent link: https://www.econbiz.de/10013388775

How to Run Surveys : A Guide to Creating Your Own Identifying Variation and Revealing the Invisible

Stantcheva, Stefanie - National Bureau of Economic Research - 2022

Surveys are an essential approach for eliciting otherwise invisible factors such as perceptions, knowledge and beliefs, attitudes, and reasoning. These factors are critical determinants of social, economic, and political outcomes. Surveys are not merely a research tool. They are also not only a...

Persistent link: https://www.econbiz.de/10013388883