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Public Policy in an AI Economy
Goolsbee, Austan - 2018
This paper considers the role of policy in an AI-intensive economy (interpreting AI broadly). It emphasizes the speed …
Persistent link: https://www.econbiz.de/10012453067
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The American economy in transition
Feldstein, Martin S. (contributor); Feldstein, Martin S. (ed.) - 1980
Persistent link: https://www.econbiz.de/10000077494
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The US Economic Model at Y2K : Lodestar for Advanced Capitalism?
Freeman, Richard B. - 2000
to be the peak capitalist economy in the new information economy. This paper develops criterion for judging peak status … workers, continued full employment will greatly strengthen the case for the US as peak economy. But with anything less than … full employment the US economy will lose its luster. Even if this occurs, however, the US record in employing women and …
Persistent link: https://www.econbiz.de/10012470993
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A Factor Analysis of Bond Risk Premia
Ludvigson, Sydney C. - 2009
macro economy. Using a panel of 131 monthly macroeconomic time series for the sample 1964:1-2007:12, we estimate 8 static …
Persistent link: https://www.econbiz.de/10012463461
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Direct Estimation of Policy Impacts
Ichimura, Hidehiko - 2000
This paper specifies a general set of conditions under which the impacts of a policy can be identified using data generated under a different policy regime. We show that some of the policy impacts can be identified under relatively weak conditions on the data and structure of a model. Based on...
Persistent link: https://www.econbiz.de/10012471035
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The Risk of Social Security Benefit Rule Changes : Some International Evidence
McHale, John - 1999
Against a background of projections of sharply increasing elderly dependency rates, workers in the major industrial economies are apprehensive that their social security benefit entitlements will be cut before or after they retire, leaving them with inadequate retirement income. This paper looks...
Persistent link: https://www.econbiz.de/10012471769
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Reinforcing RCTs with Multiple Priors while Learning about External Validity
Finan, Frederico S.; Pouzo, Demian - National Bureau of Economic Research - 2022
This paper presents a framework for how to incorporate prior sources of information into the design of a sequential experiment. These sources can include previous experiments, expert opinions, or the experimenter's own introspection. We formalize this problem using a multi-prior Bayesian...
Persistent link: https://www.econbiz.de/10012938725
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Policy Experimentation in China : the Political Economy of Policy Learning
Wang, Shaoda; Yang, David Y. - National Bureau of Economic Research - 2021
Many governments have engaged in policy experimentation in various forms to resolve uncertainty and facilitate learning. However, little is understood about the characteristics of policy experimentation, and how the structure of experimentation may affect policy learning and policy outcomes. We...
Persistent link: https://www.econbiz.de/10012660080
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Are Political and Charitable Giving Substitutes? Evidence from the United States
Petrova, Maria - 2020
We provide evidence that individuals substitute between political contributions and charitable contributions, using micro data from the American Red Cross and Federal Election Commission. First, we find that foreign natural disasters, which are positive shocks to charitable giving, crowd out...
Persistent link: https://www.econbiz.de/10012479140
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A Unified Welfare Analysis of Government Policies
Hendren, Nathaniel - 2019
We conduct a comparative welfare analysis of 133 historical policy changes over the past half-century in the United States, focusing on policies in social insurance, education and job training, taxes and cash transfers, and in-kind transfers. For each policy, we use existing causal estimates to...
Persistent link: https://www.econbiz.de/10012480090