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In December 2014 and January 2015, police officers in New York City engaged in an organized slowdown of police work to protest the murder of two police officers who were targeted by a gunman while sitting in their patrol car. An influential 2017 article in Nature Human Behaviour studies the...
Persistent link: https://www.econbiz.de/10015063842
Forward-looking behavior on the part of the monetary authority leads least squares estimates to understate the true growth consequences of monetary policy interventions. We present instrumental variables estimates of the impact of interest rates on real output growth for several European...
Persistent link: https://www.econbiz.de/10010262211
Currently available asymptotic results in the literature suggest that matching estimators have higher variance than reweighting estimators. The extant literature comparing the finite sample properties of matching to specific reweighting estimators, however, has concluded that reweighting...
Persistent link: https://www.econbiz.de/10010268994