Showing 1 - 10 of 95
human capital plays in this relationship using a rich, worker-level, longitudinal data set from Germany spanning 1976 to …
Persistent link: https://www.econbiz.de/10012794639
Security data. The model captures the joint response of wages, employment, and unemployment risk to job loss which I measure …
Persistent link: https://www.econbiz.de/10012482696
Persistent link: https://www.econbiz.de/10001511621
We estimate the impact of piped water and sewers on property values in mid-19th century Chicago. The cost of sewer construction depends sensitively on imperceptible variation in grade, and such variations in grade delay water and sewer service to part of the city. This delay provides...
Persistent link: https://www.econbiz.de/10012938687
-economy. Our estimation with neural networks enables us to uncover novel and substantial interaction effects between sentiment and …
Persistent link: https://www.econbiz.de/10012938692
infected cases, allowing for under-reporting. Estimation is based on a moment condition that can be derived from an agent … of lock-downs and support policies on the transmission rates. The full set of estimation results and the replication …
Persistent link: https://www.econbiz.de/10012510508
Groundwater is a key resource for agricultural production globally. Increasingly rapid aquifer drawdowns--as well as the policies intended to increase their sustainability--increase costs to agricultural producers, with unknown consequences. This paper provides the first large-scale empirical...
Persistent link: https://www.econbiz.de/10012510584
This paper extends my research applying statistical decision theory to treatment choice with sample data, using maximum regret to evaluate the performance of treatment rules. The specific new contribution is to study as-if optimization using estimates of illness probabilities in clinical choice...
Persistent link: https://www.econbiz.de/10012660036
This paper provides causal evidence of the impact of industrial policy on firms' long-term performance and quantifies industrial policy's long-term welfare effects. Using a natural experiment and unique historical data during the Heavy and Chemical Industry (HCI) Drive in South Korea, we find...
Persistent link: https://www.econbiz.de/10012629483
We integrate a high-frequency monetary event study into a mixed-frequency macro-finance model and structural estimation …. The model and estimation allow for jumps at Fed announcements in investor beliefs, providing granular detail on why … financial market risk. However, the structural estimation also finds that much of the causal impact of monetary policy on …
Persistent link: https://www.econbiz.de/10013210100