It's customary among money market analysts to blame interest rate deviations from the Bank of Russia's target band on the market structure imperfections or segmentation. We isolate one form of such market imperfection and provide an illustration of its potential impact on central bank's open...

In this article we propose a modification of time-series segmentation algorithm which allows to identify homogenous periods of money market history by clustering multidimensional probability distributions of relevant variables. We provide step-by-step instructions to systematically choose how...

This paper describes how to use the R package gateveys to establish a transparent and reproducible aggregation work flow for longitudinal data stemming from business tendency surveys (BTS). Business tendency survey researchers are addressed in particular though the suggested work flow could also...

This book is the third volume of the Handbook of Computational Statistics and covers the field of Data Visualization. In line with the companion volumes, it contains a collection of chapters by experts in the field to present readers with an up-to-date and comprehensive overview of the state of...

The jackknife is a resampling method that uses subsets of the original database by leaving out one observation at a time from the sample. The paper outlines a procedure to obtain jackknife estimates for several inequality indices with only a few passes through the data. The number of passes is...

Academic researchers access commercial websites to collect research data. This research practice is likely to increase. Is this appropriate? Is this legal? Such commercial websites are maintained to achieve business objectives; research access uses site resources for other purposes. Website...

This article introduces TableMaker, an Excel macro that produces publication-quality tables and includes them as new sheets in workbooks. The macro provides an intuitive graphical user interface that allows for the full customization of all table features. It also allows users to save and load...

The rapidly growing literature on financial literacy finds an alarmingly low level of financial knowledge among young adults. During their college years, students are likely to face expenditure, savings, credit card, and student loan decisions for the first time on their own. At the same time,...

Given the importance of reproducibility for the scientific ethos, more and more journals have pushed for transparency of research through data availability policies. If the introduction and implementation of such data policies improve the availability of researchers' code and data, what is the...

This paper makes three contributions. (1) It summarizes in tabular form a recent literature made of 36 micro-econometric studies for 16 different countries on the relationship between export destination and firm performance. (2) It reports estimates of the productivity premium of German firms...