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This study examines the impact of sentiment shock, which is defined as a stochastic innovation to the Housing Market Confidence Index (HMCI) that is orthogonal to past housing price changes, on aggregate housing price changes and housing price volatility. This paper documents empirical evidence...
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Applying a fuzzy regression discontinuity design, we examine the causal impact of education on marriage outcomes by …
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higher bias for an alternative long-horizon predictive regression commonly advocated for in the literature. For large J, the …
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quantile and logistic regression and a sample of 22 countries, of which 16 EU members and 6 OECD members, during the 2008 2019 …, i.e., when the CDS level is small. In addition, based on a logit regression model, we show that the level of …
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