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The increasing demand of relevant, viable, coherent data users, in useful time, to early detec economic vulnerabilities and turnpoints in business cycles, especially during the economical and financial crisis, demands a prompt, coordinated response by statistical institutions. High quality short...
Persistent link: https://www.econbiz.de/10010598333
The systemic development of statistics, of a coherent framework of conceptal instruments, harmonized definitions and standards, having as object the international comparability, has determined the statiscical collaboration and cooperation, at an international level and the creation of the Global...
Persistent link: https://www.econbiz.de/10010598339
During the adaptation period to the conditions of the market economy, in the perspective of European integration, statistics entered into a process of reformation and convergence of its various branches or developments. Progresses achieved are on the line of knowledge accumulation, restructuring...
Persistent link: https://www.econbiz.de/10010598387
We consider inference on optimal treatment assignments. Our methods allow for inference on the treatment assignment rule that would be optimal given knowledge of the population treatment effect in a general setting. The procedure uses multiple hypothesis testing methods to determine a subset of...
Persistent link: https://www.econbiz.de/10011249364
The bootstrap is a convenient tool for calculating standard errors of the parameters of complicated econometric models. Unfortunately, the fact that these models are complicated often makes the bootstrap extremely slow or even practically infeasible. This paper proposes an alternative to the...
Persistent link: https://www.econbiz.de/10011249447
Economics places a high premium on completeness of explanation. Typical general-equilibrium accounts of economic phenomena are preferred to partial equilibrium accounts on the ground that important interactions are necessarily omitted in the latter. A similar preference for microfoundational...
Persistent link: https://www.econbiz.de/10009145718
Econometricians tend to hold simultaneously two views in tension with each other: an apparent anti-realism that holds that all models are false and at best useful constructs or approximations to true models and an apparent realism that models are to be judged by their success at capturing an...
Persistent link: https://www.econbiz.de/10009145720
Significance tests were originally developed to enable more objective evaluations of research results. Yet the strong orientation towards statistical significance encourages biased results, a phenomenon termed “publication bias”. Publication bias occurs whenever the likelihood or time-lag of...
Persistent link: https://www.econbiz.de/10009369643
The randomized controlled trial (RCT) has been a heavily utilized research tool in medicine for over 60 years. Since the early 2000's, large-scale RCTs have been used in increasingly large numbers in the social sciences to evaluate questions of both policy and theory. The early economics...
Persistent link: https://www.econbiz.de/10010692132
Haavelmo's seminal 1943 paper is the first rigorous treatment of causality. In it, he distinguished the definition of causal parameters from their identification. He showed that causal parameters are de fined using hypothetical models that assign variation to some of the inputs determining...
Persistent link: https://www.econbiz.de/10010766377