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We perform inference on the effect of a treatment on survival times in studies where the treatment assignment is not randomized and the assignment time is not known in advance. We estimate survival functions on a treated and a control group which are made comparable through matching on observed...
Persistent link: https://www.econbiz.de/10010317961
This paper examines the empirical analysis of treatment effects on duration outcomes from data that contain instrumental variation. We focus on social experiments in which an intention to treat is randomized and compliance may be imperfect. We distinguish between cases where the treatment starts...
Persistent link: https://www.econbiz.de/10010317966
This paper builds a DSGE model for a small open economy (SOE) in which the central bank intervenes the domestic currency bond and FX markets using two policy rules: a Taylor-type rule and a rule that determines the rate of nominal depreciation. The 2 'corner' regimes, in which only one policy...
Persistent link: https://www.econbiz.de/10010317972
suited to explain money creation along the lines of mainstream theory. Additionally it uncovers a potential instability that …
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