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An Evaluation of the Impact of the China (Shanghai) Pilot Free Trade Zone (SPFTZ)
Yao, Daqing - 2015
In this paper we present evidence as to the effects of the China (Shanghai) Pilot Free Trade Zone (SPFTZ) on China … and capital account liberalization into China's macro policy mix. We employ three methods to test the SPFTZ's impact on … causalities among China's money supply and the foreign interest rates. All these tests give consistent results suggesting that the …
Persistent link: https://www.econbiz.de/10013029034
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Accounting for the Effect of Health on Economic Growth
Weil, David N. - 2010
I use microeconomic estimates of the effect of health on individual outcomes to construct macroeconomic estimates of the proximate effect of health on GDP per capita. I employ avariety of methods to construct estimates of the return to health, which I combine with cross-country and historical...
Persistent link: https://www.econbiz.de/10012762437
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Selection into Identification in Fixed Effects Models, with Application to Head Start
Miller, Douglas L. - 2019
Many papers use fixed effects (FE) to identify causal impacts of an intervention. In this paper we show that when the treatment status only varies within some groups, this design can induce non-random selection of groups into the identifying sample, which we term selection into identification...
Persistent link: https://www.econbiz.de/10012864149
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The China (Shanghai) Pilot Free Trade Zone : Background, Developments and Preliminary Assessment of Initial Impacts
Yao, Daqing - 2015
The China (Shanghai) Pilot Free Trade Zone (SPFTZ) founded one year ago is a trial for China's new round of reform and … also make a preliminary assessment of the SPFTZ's initial impacts, especially of its impact on China's capital account … replicated in China will give rise to a more balanced Chinese economy in the following decade …
Persistent link: https://www.econbiz.de/10013028068
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Nonlinear Policy Rules and the Identification and Estimation of Causal Effects in a Generalized Regression Kink Design
Card, David - 2012
We consider nonparametric identification and estimation in a nonseparable model where a continuous regressor of … endogenous assignment variable (like previous earnings). We provide new results on identification and estimation for these …
Persistent link: https://www.econbiz.de/10013097659
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The Marginal Labor Supply Disincentives of Welfare Reforms
Moffitt, Robert A. - 2019
Existing research on the static effects of the manipulation of welfare program benefit parameters on labor supply has allowed only restrictive forms of heterogeneity in preferences. Yet preference heterogeneity implies that the marginal effects of welfare reforms on labor supply may differ in...
Persistent link: https://www.econbiz.de/10012867251
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Bounds on Treatment Effects in Regression Discontinuity Designs with a Manipulated Running Variable
Gerard, François - 2016
The key assumption in regression discontinuity analysis is that the distribution of potential outcomes varies smoothly with the running variable around the cutoff. In many empirical contexts, however, this assumption is not credible; and the running variable is said to be manipulated in this...
Persistent link: https://www.econbiz.de/10012978088
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Regression Kink Design : Theory and Practice
Card, David - 2016
nonparametric estimation (e.g. Imbens et al. (2012) and Calonico et al. (2014)) are sometimes interpreted by practitioners as … pointing to a default estimation procedure, we show that in any given application different procedures may perform better or …
Persistent link: https://www.econbiz.de/10012980189
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The Effects of Quasi-Random Monetary Experiments
Jordà, Òscar - 2017
unfettered cross-border capital flows are largely outside the monetary authority's control. Using historical panel-data since …
Persistent link: https://www.econbiz.de/10012964905
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Institutions Rule : The Primacy of Institutions Over Geography and Integration in Economic Development
Rodrik, Dani; Subramanian, Arvind; Trebbi, Francesco - 2021
We estimate the respective contributions of institutions, geography, and trade in determining income levels around the world, using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions trumps' everything else. Once institutions are...
Persistent link: https://www.econbiz.de/10013224849