-
Normalized CES supply systems: Replication of Klump, McAdam, and Willman (200...
The analysis of Klump, McAdam, and Willman (Review of Economics and Statistics, 2007, 89, 183-192) is replicated using alternative software. Their results are verified... -
Binary response panel data models with sample selection and self‐selection (r...
We consider estimating binary response models on an unbalanced panel, where the outcome of the dependent variable may be missing due to nonrandom selection, or there is... -
Business, housing, and credit cycles (replication data)
We use multivariate unobserved components models to estimate trend and cyclical components in gross domestic product (GDP), credit volumes, and house prices for the USA and the... -
Measuring crisis risk using conditional copulas: An empirical analysis of the...
The shipping crisis starting in 2008 was characterized by sharply decreasing freight rates and sharply increasing financing costs. We analyze the dependence structure of these... -
Do contractionary monetary policy shocks expand shadow banking? (replication ...
Using VAR models for the USA, we find that a contractionary monetary policy shock has a persistent negative impact on the level of commercial bank assets, but increases the... -
An efficient Bayesian approach to multiple structural change in multivariate ...
This paper provides a feasible approach to estimation and forecasting of multiple structural breaks for vector autoregressions and other multivariate models. Owing to conjugate... -
Identifying contagion (replication data)
Identifying contagion effects during periods of financial crisis is known to be complicated by the changing volatility of asset returns during periods of stress. To untangle... -
Multivariate choices and identification of social interactions (replication d...
This paper considers the identification of social interaction effects in the context of multivariate choices. First, we generalize the theoretical social interaction model to... -
The Evolution of Immigrants' Homeownership in Germany (replication data)
Recently, the homeownership rate of immigrants in Germany has increased by more than 20 percentage points. To shed light on this sharp rise, this paper investigates the driving... -
Public Investment Subsidies and Firm Performance – Evidence from Germany – re...
This paper assesses firm-level effects of the single largest investment subsidy programme in Germany. The analysis considers grants allocated to firms in East German regions... -
The incidence of agricultural subsidies on rental rates for grassland (replic...
This paper examines the impact of agricultural subsidies on rental rates for grassland. In theory, the capitalization of subsidies into grassland rents has become increasingly... -
Active on many foreign markets (replication code)
These are the do-files used to compute the results reported in: Joachim Wagner, Active on many foreign markets: A portrait of German multi-market exporters and importers from...
