Showing 1 - 10 of 6,039
The Global Repository of Income Dynamics (GRID) is a new open-access, cross- country database that contains a wide … designed from the ground up with the goals of harmonization and cross-country comparability. This paper introduces the database …
Persistent link: https://www.econbiz.de/10013388880
New data-gathering techniques, often referred to as "Big Data" have the potential to improve statistics and empirical research in economics. In this paper we describe our work with online data at the Billion Prices Project at MIT and discuss key lessons for both inflation measurement and some...
Persistent link: https://www.econbiz.de/10012456563
We study how organizational boundaries affect pricing decisions using comprehensive data from a large U.S. airline. We document that the firm's advanced pricing algorithm, utilizing inputs from different organizational teams, is subject to multiple biases. To quantify the impacts of these...
Persistent link: https://www.econbiz.de/10012696417
Collusion is widely condemned for its negative effects on consumer welfare and market efficiency. In this paper, I show that collusion may also in some cases facilitate the creation of unexpected new sources of value. I bring this possibility into focus through the lens of a historical episode...
Persistent link: https://www.econbiz.de/10012480205
What is the role of transport improvements in globalization? We argue that the nineteenth century is the ideal testing ground for this question: freight rates fell on average by 50% while global trade increased 400% from 1870 to 1913. We estimate the first indices of bilateral freight rates for...
Persistent link: https://www.econbiz.de/10012464507
distance, and significantly contribute to the higher shipping prices facing the developing world. Markups increase shipping …
Persistent link: https://www.econbiz.de/10012465742
the precipitous decline in nominal freight rates before the World War I, but it also extends the series to the 1940s …. Furthermore, our new series is linked to the post-World War II era (documented by David Hummels), so that we can be more precise …
Persistent link: https://www.econbiz.de/10012469171
We study the returns to owning dry bulk cargo ships. Ship earnings exhibit a high degree of mean reversion, driven by industry participants' competitive investment responses to shifts in demand. Ship prices are far too volatile given the mean reversion in earnings. We show that high current ship...
Persistent link: https://www.econbiz.de/10012459415
This note accompanies the Cross-country Historical Adoption of Technology (CHAT) dataset. CHAT is an unbalanced panel dataset with information on the adoption of over 100 technologies in more than 150 countries since 1800. The data is available for download at: http://www.nber.org/data/chat We...
Persistent link: https://www.econbiz.de/10012463331
United Nations classification. This dataset updates the Statistics Canada World Trade Database as described in Feenstra ….nber.org/data (International Trade Data, NBER-UN world trade data). Users must agree not to resell or distribute the data for 1984-2000. The data …, Lipsey, and Bowen (1997), which was available for years 1970-1992. In that database, Statistics Canada had revised the United …
Persistent link: https://www.econbiz.de/10012467647