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We examine the dynamics of a country's growth, consumption, and sovereign debt, assuming that the government is myopic and wants to maximize short-term, self-interested spending. Surprisingly, government myopia can increase a country's access to external borrowing. In turn, access to borrowing...
Persistent link: https://www.econbiz.de/10013334513
Cambridge University, where Paley became one of the first women to take the Tripos exam and the first female lecturer in … enforces them, and suggest relevant policy work and areas for future research …
Persistent link: https://www.econbiz.de/10012696390
In science as well as technology, the diffusion of new ideas influences innovation and productive efficiency. With this as motivation we use citations to scientific papers to measure the diffusion of science through the U.S. economy. To indicate the speed of diffusion we rely primarily on the...
Persistent link: https://www.econbiz.de/10012466678
We study the role of trade policy in one of the most pressing climate policy challenges that developing countries face: meeting voluntary emission restraints (VERs). To do so, we develop a general equilibrium trade model that extends Caliendo and Parro (2015) in three dimensions. First, we model...
Persistent link: https://www.econbiz.de/10014544737
Large language models (LLMs) such as ChatGPT have the potential to revolutionize research in economics and other … disciplines. I describe 25 use cases along six domains in which LLMs are starting to become useful as both research assistants and … tutors: ideation, writing, background research, data analysis, coding, and mathematical derivations. I provide general …
Persistent link: https://www.econbiz.de/10014226154
When economists analyze a well-conducted RCT or natural experiment and find a statistically significant effect, they conclude the null of no effect is unlikely to be true. But how frequently is this conclusion warranted? The answer depends on the proportion of tested nulls that are true and the...
Persistent link: https://www.econbiz.de/10014372423
The scholarly impact of academic research matters for academic promotions, influence, relevance to public policy, and … research. Nobel laureates' scholarly writing evinces less certainty about the conclusions of their research than that of other …
Persistent link: https://www.econbiz.de/10014250168
Using data describing all "Top 5" economics journal publications from 1969-2018, we examine what determines which authors produce less as they age and which retire earlier. Sub-field has no impact on the rate of production, but interacts with it to alter retirement probabilities. A positive,...
Persistent link: https://www.econbiz.de/10014250192
We study whether student-advisor gender and race composition matters for publication productivity of Ph.D. students in South Africa. We consider all Ph.D. students in STEM graduating between 2000 and 2014, after the recent systematic introduction of doctoral programs in this country. We...
Persistent link: https://www.econbiz.de/10014322734
effect of spillovers on research productivity of firms exceeds the structural effect because it includes an active learning … expenditures and internal research expenditures. The findings are consistent with the view that learning expenditures transmit the …
Persistent link: https://www.econbiz.de/10012471292