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Reevaluating the evidence on seasonality in housing market match quality: Rep...
I revisit Ngai and Tenreyro (2014)'s empirical analysis of seasonal match quality in American Housing Survey (AHS) data. Using 1999 data only, Ngai and Tenreyro show that homes... -
Workplace Heterogeneity and Wage Inequality in Denmark (replication data)
Wage inequality is on the rise in most developed economies, and this phenomenon has fostered a growing body of research on its potential drivers. Using German data over the... -
Regression with an imputed dependent variable (replication data)
Researchers are often interested in the relationship between two variables, with no single data set containing both. A common strategy is to use proxies for the dependent... -
Reassessing the dependence between economic growth and financial conditions s...
Adrian, Boyarchenko and Giannone ((2019), ABG) adapt quantile regression (QR) methods to examine the relationship between US economic growth and financial conditions. We confirm... -
Normal but skewed? (replication data)
We propose a multivariate normality test against skew normal distributions using higher-order log-likelihood derivatives, which is asymptotically equivalent to the likelihood... -
The role of observed and unobserved heterogeneity in the duration of unemploy...
This paper studies the degree to which observable and unobservable worker characteristics account for the variation in the aggregate duration of unemployment. I model the... -
Covariate distribution balance via propensity scores (replication data)
This paper proposes new estimators for the propensity score that aim to maximize the covariate distribution balance among different treatment groups. Heuristically, our proposed... -
Matching theory and evidence on Covid‐19 using a stochastic network SIR model...
This paper develops an individual-based stochastic network SIR model for the empirical analysis of the Covid-19 pandemic. It derives moment conditions for the number of infected... -
Count Roy model with finite mixtures (replication data)
This paper develops the Finite Mixture Roy model for count variables and uses this semiparametric model to analyze the effect of supplemental Medigap private insurance on the... -
Do words hurt more than actions? The impact of trade tensions on financial ma...
We use machine learning techniques to quantify trade tensions between the United States and China. Our measure matches well-known events in the US-China trade dispute and is... -
Instrumental‐variable estimation of exponential‐regression models with two‐wa...
This paper introduces instrumental-variable estimators for exponential-regression models that feature two-way fixed effects. These techniques allow us to develop a... -
Trade openness and growth: A network‐based approach (replication data)
We propose a novel approach to the study of international trade based on a theory of country integration that embodies a broad systemic viewpoint on the relationship between... -
Identification of dynamic latent factor models of skill formation with transl...
In this paper, we highlight an important property of the translog production function for the identification of treatment effects in a model of latent skill formation. We show... -
Do rural banks matter that much? Burgess and Pande (2005) reconsidered (repli...
We replicate Burgess and Pande's (2005) analysis of the effect of India's state-led bank expansion on poverty. The authors instrument rural bank branch expansion by its trend... -
Macroeconomic forecasting in a multi‐country context (replication data)
In this paper, we propose a hierarchical shrinkage approach for multi-country VAR models. In implementation, we consider three different scale mixtures Normals priors and... -
Recurrent conditional heteroskedasticity (replication data)
We propose a new class of financial volatility models, called the REcurrent Conditional Heteroskedastic (RECH) models, to improve both in-sample analysis and out-of-sample... -
ARDL bounds test for cointegration: Replicating the Pesaran et al. (2001) res...
This paper replicates the UK earnings equation using the autoregressive distributed lag (ARDL) modeling approach and the bounds test for cointegration by Pesaran et al. (Journal... -
Extremal connectedness of hedge funds (replication data)
We propose a dynamic measure of extremal connectedness tailored to the short reporting period and unbalanced nature of hedge funds data. Using multivariate extreme value... -
Optimal forecast under structural breaks (replication data)
This paper develops an optimal combined estimator to forecast out-of-sample under structural breaks. When it comes to forecasting, using only the postbreak observations after...
