Showing 1 - 10 of 65
IP with other types of policy. We apply our methodology to a global database of commercial policy descriptions, and …
Persistent link: https://www.econbiz.de/10015421855
In a fuzzy regression discontinuity (RD) design, the probability of treatment jumps when a running variable (R) passes a threshold (R0). Fuzzy RD estimates are obtained via a procedure analogous to two-stage least squares (2SLS), where an indicator I(R R0) plays the role of the instrument....
Persistent link: https://www.econbiz.de/10015421923
the same time, the methodology has improved, strengthening considerably the internal validity of various studies. We must …
Persistent link: https://www.econbiz.de/10012479416
causal effects. I formalize this change in selection in a simple model. I test for evidence of these patterns in the context …
Persistent link: https://www.econbiz.de/10012480876
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
We perform a comparative analysis of machine learning methods for the canonical problem of empirical asset pricing … doubling the performance of leading regression-based strategies from the literature. We identify the best performing methods … by other methods. All methods agree on the same set of dominant predictive signals which includes variations on momentum …
Persistent link: https://www.econbiz.de/10012481045
In the past several decades the experimental method has lent deep insights into economics. One perhaps surprising area that has contributed is the experimental study of children, where advances as varied as the evolution of human behaviors that shape markets and institutions, to how early life...
Persistent link: https://www.econbiz.de/10012533374
We show that online prices can be used to construct quarterly purchasing power parities (PPPs) with a closely-matched set of goods and identical methodologies in a variety of developed and developing countries. Our results are close to those reported by the International Comparisons Program...
Persistent link: https://www.econbiz.de/10012453422
We summarize existing empirical findings regarding the adoption of robotics and AI and its effects on aggregated labor and productivity, and argue for more systematic collection of the use of these technologies at the firm level. Existing empirical work primarily uses statistics aggregated by...
Persistent link: https://www.econbiz.de/10012453474
those programs. In this paper, we propose a model to estimate treatment effects under endogenous participation and …
Persistent link: https://www.econbiz.de/10012453596