Showing 1 - 10 of 22
We measure and examine data error in health, education and income statistics used to construct the Human Development Index. We identify three sources of data error which are due to (i) data updating, (ii) formula revisions and (iii) thresholds to classify a country's development status. We...
Persistent link: https://www.econbiz.de/10013135405
Detailed country-by-country chronologies are an informative companion piece to our paper “Exchange Arrangements Entering the 21st Century: Which Anchor Will Hold?,” which provides a comprehensive history of anchor or reference currencies, exchange rate arrangements, and a new measure of...
Persistent link: https://www.econbiz.de/10012963735
This paper provides a comprehensive history of anchor or reference currencies, exchange rate arrangements, and a new measure of foreign exchange restrictions for 194 countries and territories over 1946-2016. We find that the often-cited post-Bretton Woods transition from fixed to flexible...
Persistent link: https://www.econbiz.de/10012963738
fundamentals and policies. Using a nonparametric classification technique, we search for variables that separate fast- and slow …
Persistent link: https://www.econbiz.de/10012963748
Almost $10 trillion is benchmarked to Morgan Stanley Capital International's Developed, Emerging, Frontier, and standalone market indexes. Reclassifications from one index to another require thousands of investors to decide how to react. We study a comprehensive sample of past reclassifications...
Persistent link: https://www.econbiz.de/10012952509
, classification has been done manually. If it were possible to combine new computational tools and administrative wage records to …
Persistent link: https://www.econbiz.de/10012911708
used trade classification algorithms. This result is due in part to regulations which require short sales be executed on an … literature as well as to measures that rely upon trade classification, such as the probability of informed trading (PIN) metric …
Persistent link: https://www.econbiz.de/10012758604
While measurement error in the dependent variable does not lead to bias in some well-known cases, with a binary dependent variable the bias can be pronounced. In binary choice, Hausman, Abrevaya and Scott-Morton (1998) show that the marginal effects in the observed data differ from the true ones...
Persistent link: https://www.econbiz.de/10013047031
This paper: outlines an algorithm for concording U.S. ten-digit Harmonized System export and import codes over time; describes the concordances we construct for 1989 to 2004; and provides Stata code that can be used to construct similar concordances for arbitrary beginning and ending years from 1989...
Persistent link: https://www.econbiz.de/10013219225
previous classification efforts is that we employ an extensive data base on market-determined parallel exchange rates. Our … 'natural' classification algorithm leads to a stark reassessment of the post-war history of exchange rate arrangements. When … the official categorization is a form of peg, roughly half the time our classification reveals the true underlying …
Persistent link: https://www.econbiz.de/10013221504