Showing 1 - 10 of 71
Regulation consists of rulemaking and enforcement. Economic theory offers two complementary rationales for regulating financial institutions. Altruistic public-benefits theories treat rules as governmental instruments for increas- ing fairness and efficiency across society as a whole....
Persistent link: https://www.econbiz.de/10012472798
Economics and ethics both offer important perspectives on our society, but they do so from two different viewpoints … - the central focus of economics is how the price system in our economy values resources; the central focus of ethics is the …
Persistent link: https://www.econbiz.de/10012480076
This article calls for a greater integration of moral psychology and political economy. While these disciplines were initially deeply intertwined, cross-disciplinary exchange became rare throughout the 20th century. More recently, the tide has shifted again - social scientists of different...
Persistent link: https://www.econbiz.de/10014512133
In this paper, we propose an approach for evaluating the trade-offs inherent in different approaches used to match Current Population Survey (CPS) respondents across various CPS surveys. Because there is some measurement error in both the variables used to identify individuals over time and in...
Persistent link: https://www.econbiz.de/10012471371
Economic data engineering deliberately designs novel forms of data to solve fundamental identification problems associated with economic models of choice. I outline three diverse applications: to the economics of information; to life-cycle employment, earnings, and spending; and to public policy...
Persistent link: https://www.econbiz.de/10012660056
Time use data facilitate deeper understanding of individual labor supply choices, especially for women, who are more likely to engage in unpaid care and home production. However, traditional time use data collection methods are time-consuming, expensive and susceptible to significant attrition....
Persistent link: https://www.econbiz.de/10012814446
The County Business Patterns data published by the US Census Bureau track employment by county and industry from 1946 to the present. Two features of the data limit their usefulness to researchers in practice: (1) employment for the majority of county-industry cells is suppressed to protect...
Persistent link: https://www.econbiz.de/10012479156
We develop a simple method to reduce privacy loss when disclosing statistics such as OLS regression estimates based on samples with small numbers of observations. We focus on the case where the dataset can be broken into many groups ("cells") and one is interested in releasing statistics for one...
Persistent link: https://www.econbiz.de/10012479578
Recent research suggests that rates of extreme poverty, commonly defined as living on less than $2/person/day, are high and rising in the United States. We re-examine the rate of extreme poverty by linking 2011 data from the Survey of Income and Program Participation and Current Population...
Persistent link: https://www.econbiz.de/10012479856
Traditional methods of collecting data from businesses and households face increasing challenges. These include declining response rates to surveys, increasing costs to traditional modes of data collection, and the difficulty of keeping pace with rapid changes in the economy. The digitization of...
Persistent link: https://www.econbiz.de/10012480062