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The deposits channel revisited (replication data)
Drechsler et al. (2017) present a novel reformulation of the bank lending channel of monetary transmission based on market power in local deposits markets, which they term the... -
Dynamic treatment effects of job training (replication data)
This paper estimates the dynamic returns to job training. We posit a model of sequential training participation, where decisions and outcomes depend on observed and unobserved... -
Contagious switching (replication data)
We analyze the propagation of recessions across countries using a model with multiple qualitative state variables in a vector autoregression (VAR). The VAR may include... -
Dependence‐robust inference using resampled statistics (replication data)
We develop inference procedures robust to general forms of weak dependence. The procedures utilize test statistics constructed by resampling in a manner that does not depend on... -
Declining discount rates in Singapore's market for privately developed apartm...
Singapore's market for new privately developed apartments exhibits wide quasi-experimental variation in ownership tenure. We develop an empirical model in which prices are... -
The bilateral trade effects of announcement shocks: Brexit as a natural field...
We analyse the effects of uncertainty and anticipation shocks associated with the 2016 Brexit vote as a treatment on trade between the UK and 14 EU and 14 non-EU trading... -
The economics of state fragmentation: Assessing the economic impact of secess...
This paper presents estimates of the economic effects of secession for a large panel of countries that gained independence between 1940 and 2016. It relies on a semi-parametric... -
Forecast uncertainty, disagreement, and the linear pool (replication data)
The linear pool is the most popular method for combining density forecasts. We analyze its implications concerning forecast uncertainty, using a new framework that focuses on... -
International spillovers of forward guidance shocks (replication data)
We estimate a two-country model of the United States and Canada over the post 2009 sample to study the cross-country spillovers of forward guidance shocks. To do so, we propose... -
Bootstrap inference and diagnostics in state space models: With applications ...
This paper investigates the potentials of the bootstrap as a tool for inference on the parameters of macroeconometric models which admit a state space representation. We... -
Cyclical labour income risk in Great Britain (replication data)
This paper provides new evidence on the cyclical behaviour of household labour income risk in Great Britain and the role of social insurance policy in mitigating against this... -
Localising the upper tail: How top income corrections affect measures of regi...
Poor coverage of top incomes in surveys, also referred to as the "missing rich" problem, leads to severe underestimation of income inequality. At the regional level this... -
A Model United Nations Experiment on Climate Negotiations (replication data)
Weitzman (2014) proposed that focusing international climate negotiations on a uniform common commitment (such as a uniform carbon price) is more effective than negotiations on... -
Thinning out Spectators: Did Football Matches Contribute to the Second COVID-...
The COVID-19 pandemic has decelerated substantial parts of economic and human interaction. This paper estimates football matches’ contribution to the spread of COVID-19 during... -
Economic complexity and productivity polarization: evidence from Italian prov...
In this paper, we analyze the role of economic complexity as a driver of regional labor productivity growth in Italy. The Economic Complexity Index (ECI) measures the... -
Too Much of a Good Thing? Households’ Macroeconomic Conditions and Credit Dyn...
Favorable macroeconomic conditions, accompanied by optimistic consumer confidence, can stimulate and shape households' expectations in such a way that they gradually extrapolate... -
Missing growth measurement in Germany
Using detailed establishment-level micro data, this paper analyzes for the German case the hypothesis by Aghion et al. (2019), stating that officially published figures for real... -
A Proposed Hybrid Effect Size Plus p-Value Criterion. A Comment on Goodman et...
This repository contains the R source code to reproduce the simulation results in the comment by Peter Pütz, Arne Kramer-Sunderbrink, Robin Tim Dreher, Leona Hoffmann, and Robin...