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The Role of Demand Management in the Maintenance of Full Employment

McCallum, Bennett T. - 2021

This paper begins by identifying nominal price stickiness as the logical basis for the Keynesian or activist point of view concerning demand management policy. It then characterizes two alternative approaches to policy analysis that have been adopted by adherents of the Keynesian position, the...

Persistent link: https://www.econbiz.de/10013227003

Comparing the Economic and Conventional Approaches to Financial Planning

Gokhale, Jagadeesh - 2010

insurance recommendations provided by economic financial planning software and the practical application of traditional … financial planning software. The two software programs are Economic Security Planner (ESPlanner), developed by Economic Security … stylized and 4 of which are actual households. The two software programs recommend dramatically different levels of saving or …

Persistent link: https://www.econbiz.de/10012763772

Panel Data and Experimental Design

Burlig, Fiona - 2019

software package to facilitate proper power calculations in practice.Institutional subscribers to the NBER working paper series …

Persistent link: https://www.econbiz.de/10012863251

A Practical Guide to Parallelization in Economics

Fernández-Villaverde, Jesús - 2018

This guide provides a practical introduction to parallel computing in economics. After a brief introduction to the basic ideas of parallelization, we show how to parallelize a prototypical application in economics using, on CPUs, Julia, Matlab, R, Python, C++-OpenMP, Rcpp–OpenMP, and C++-MPI,...

Persistent link: https://www.econbiz.de/10012920352

Censored Quantile Instrumental Variable Estimation with Stata

Chernozhukov, Victor - 2018

Many applications involve a censored dependent variable and an endogenous independent variable. Chernozhukov, Fernandez-Val, and Kowalski (2015) introduced a censored quantile instrumental variable estimator (CQIV) for use in those applications, which has been applied by Kowalski (2016), among...

Persistent link: https://www.econbiz.de/10012929551

Some Facts of High-Tech Patenting

Webb, Michael - 2018

Patenting in software, cloud computing, and artificial intelligence has grown rapidly in recent years. Such patents are … patents per inventor has declined near-monotonically, except for large increases in inventor productivity in software and …

Persistent link: https://www.econbiz.de/10012914742

Non-Linear Real Arithmetic Benchmarks Derived from Automated Reasoning in Economics

Mulligan, Casey B. - 2018

We consider problems originating in economics that may be solved automatically using mathematical software. We present …

Persistent link: https://www.econbiz.de/10012919313

Technology and Education : Computers, Software, and the Internet

Bulman, George - 2016

A substantial amount of money is spent on technology by schools, families and policymakers with the hope of improving educational outcomes. This paper explores the theoretical and empirical literature on the impacts of technology on educational outcomes. The literature focuses on two primary...

Persistent link: https://www.econbiz.de/10012992629

Automated Linking of Historical Data

Abramitzky, Ran; Boustan, Leah Platt; Eriksson, Katherine; … - 2021

The recent digitization of complete count census data is an extraordinary opportunity for social scientists to create large longitudinal datasets by linking individuals from one census to another or from other sources to the census. We evaluate different automated methods for record linkage,...

Persistent link: https://www.econbiz.de/10013324673

Get with the Program : Software-Driven Innovation in Traditional Manufacturing

Branstetter, Lee; Drev, Matej; Kwon, Namho - 2021

This paper documents the increasing importance of software for successful innovation in manufacturing sectors well … firms in the software intensity of their innovative activity. Firms that exhibit a higher level of software intensity … that geographic differences in the abundance of skilled software labor are an important factor in determining sample firms …

Persistent link: https://www.econbiz.de/10013224340