We empirically assess the treatment effects of a place-based policy in Japan and propose a socially desirable and practically feasible treatment assignment rule for the program. To account for heterogeneity of treatment effects, we estimate the conditional average treatment effect for each...

Employing nonparametric bounds, we examine the effect of military service on incarceration outcomes using the Vietnam draft lotteries as a possibly invalid instrumental variable for military service. The draft is allowed to have a direct effect on the outcomes independently of military service,...

The literature contrasting structural and experimental econometrics highlights that stronger assumptions are required to identify direct effects than total effects. This paper examines the additional assumptions required to predict future experience using either type of causal effect identified...

Employing nonparametric bounds, we examine the effect of military service on incarceration outcomes using the Vietnam draft lotteries as a possibly invalid instrumental variable for military service. The draft is allowed to have a direct effect on the outcomes independently of military service,...

A novel dataset from the Bank of Canada is used to estimate the deposit functions for banknotes in Canada for three denominations: $1,000, $100 and $50. The broad flavour of the empirical findings is that denominations are different monies, and the structural estimates identify the underlying...

Son yillarda isletmelerde rekabet avantaji yaratan en onemli hususlardan birisi Bilgi Teknolojileri (BT) yetkinligi olarak gorulmektedir. Mikro seviyede firma bazinda BT yetkinligini olcmeye yonelik yazinda bir takim calismalar bulunsa da ulkemizde konu uzerinde calisacak arastirmacilarin...

This paper sheds additional light on the relationship between firm level innovative capacity and export intensity. By drawing from the recent literature on exporters' heterogeneity, we apply quantile regression techniques to a sample of Italian firms in order to verify whether the effect of...

This paper develops consistency and asymptotic normality of parameter estimates for a higher-order spatial autoregressive model whose order, and number of regressors, are allowed to approach infinity slowly with sample size. Both least squares and instrumental variables estimates are examined,...