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Estimating the economic costs of organized crime by synthetic control methods...
The economic costs of organized crime have been estimated for the case of southern Italy by Pinotti (Economic Journal 2015; 125, F203?F232, 2015): using synthetic control... -
Out-of-Sample Return Predictability: A Quantile Combination Approach (replica...
This paper develops a novel forecasting method that minimizes the effects of weak predictors and estimation errors on the accuracy of equity premium forecasts. The proposed... -
Likelihood-Based Inference and Prediction in Spatio-Temporal Panel Count Mode...
We develop a panel count model with a latent spatio-temporal heterogeneous state process for monthly severe crimes at the census-tract level in Pittsburgh, Pennsylvania. Our... -
The Millennium Peak in Club Convergence: A New Look at Distributional Changes...
This paper proposes an easy-to-use nonparametric indicator for club convergence, or convergence within clusters of countries: it measures whether the modes of the gross domestic... -
Transitions at Different Moments in Time: A Spatial Probit Approach (replicat...
This paper adopts a spatial probit approach to explain interaction effects among cross-sectional units when the dependent variable takes the form of a binary response variable... -
Structural changes in the labor market and the rise of early retirement in Fr...
The rise of early retirement in Europe is typically attributed to the European system of taxes and transfers. A model with an imperfectly competitive labor market allows us to...