Replication research can be used to explore original study results that researchers consider questionable, but it should also be a tool for reinforcing the credibility of results that are important to policies and programs. The challenge is to design a replication plan open to both supporting...

The gravity equation has been traditionally used to predict trade flows across countries. However, several problems related with its empirical application still remain unsolved. The unobserved heterogeneity, the presence of heteroskedasticity in trade data or the existence of zero flows, which...

Nonresponse weighting is a common method for handling unit nonresponse in surveys and is aimed at reducing nonresponse bias. Because the method can be accompanied by an increase in variance, the efficacy of weighting adjustments is often seen as a bias-variance trade-off. This view is an...

This paper employs the one-sector Real Business Cycle model as a testing ground for four different procedures to estimate Dynamic Stochastic General Equilibrium (DSGE) models. The procedures are: 1 ) Maximum Likelihood, with and without measurement errors and incorporating Bayesian priors, 2)...

We evaluate direct wage subsidy programs to Finnish SMEs utilising as the unit of interest the firm and its characteristics. In estimating Average Treatment effects on the Treated firms (ATT) we apply recent techniques of propensity score matching algorithms developed by Becker and Ichino (2002)...