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Trade creation and diversion revisited: Accounting for model uncertainty and ...
The effect of preferential trade agreements (PTAs) on trade flows is subject to model uncertainty stemming from the diverse and even contradictory effects suggested by the... -
Specification and testing of models estimated by quadrature (replication data)
This paper proposes a test to check the specification of models with unobserved individual effects integrated out by quadrature and also a simple way of increasing the... -
Productivity and efficiency dynamics in Indian banking: An input distance fun...
Banking technology is typically characterized by multiple inputs and multiple outputs that are associated with various attributes, such as different types of deposits, loans,... -
Measuring the impact of nonignorability in panel data with non-monotone nonre...
The analysis of panel data with non-monotone nonresponse often relies on the critical and untestable assumption of ignorable missingness. It is important to assess the... -
Dynamics and equilibrium in a structural model of wide-body commercial aircra...
This paper develops and estimates a dynamic equilibrium model of the market for new and used commercial aircraft. The model is estimated by maximum simulated likelihood using... -
Traffic safety and vehicle choice: quantifying the effects of the ‘arms race’...
The increasing share of light trucks in the USA has been characterized as an arms race where individual purchases of light trucks for better self-protection nevertheless worsen... -
Instrumental variables regressions with uncertain exclusion restrictions: a B...
The identification of structural parameters in the linear instrumental variables (IV) model is typically achieved by imposing the prior identifying assumption that the error... -
Selection in a field experiment with voluntary participation (replication data)
The external validity of experiments in economics can be ensured only if participants reflect the relevant market population. We study data from a promotional campaign of... -
Stochastic monotonicity in intergenerational mobility tables (replication data)
The aim of this paper is to test for stochastic monotonicity in intergenerational socio-economic mobility tables. In other words, we question whether having a parent from a high... -
Innovation and competition: An unstable relationship (replication data)
This paper analyzes how the establishment of the United States Court of Appeals for the Federal Circuit in 1982 has affected the relationship between innovation and competition.... -
Cannabis use and mental health problems (replication data)
This paper investigates whether cannabis use leads to worse mental health. To do so, we account for common unobserved factors affecting mental health and cannabis consumption by... -
Narrow Replication of Yogo (2004) Estimating the Elasticity of Intertemporal ...
This narrow replication exercise of Yogo (Review of Economics and Statistics 2004; 86(3): 797-810) finds results identical to the original paper, and provides results on... -
The effect of location on finding a job in the Paris region (replication data)
Do spatial differences in unemployment duration reflect residential sorting or a true local effect? Focusing on the 1300 municipalities of the Paris region, we apply a... -
Assessing the temporal variation of macroeconomic forecasts by a panel of cha...
This paper calls attention to the problem of changing panel composition in surveys of forecasters and documents the problem in the Survey of Professional Forecasters. To study... -
Estimating the effect of a gasoline tax on carbon emissions (replication data)
Recently the proposal has been made to raise gasoline taxes in the United States to curb carbon emissions. The existing literature on the sensitivity of gasoline consumption to... -
Competition in large markets (replication data)
This paper evaluates the simplifying assumption that producers compete in a large market without substantial strategic interactions using nonparametric regressions of producers'... -
Climbing the drug staircase: a Bayesian analysis of the initiation of hard dr...
Since empirical studies have shown that cannabis users are much more likely to initiate hard drug use, a causal linkage has been suggested (?gateway hypothesis?). However,... -
Factor analysis of permanent and transitory dynamics of the US economy and th...
We analyze dynamics of the permanent and transitory components of the US economic activity and the stock market obtained by multivariate dynamic factor modeling. We capture... -
Reconciling the evidence of Card and Krueger (1994) and Neumark and Wascher (...
We employ the original Card and Krueger (American Economic Review 1994; 84: 772-793) and Neumark and Wascher (American Economic Review 2000; 90: 1362-1396) data together with... -
How to use interaction terms in BMA: Reply to Crespo Cuaresma's comment on Ma...
Jesus Crespo Cuaresma (How different is Africa? A comment on Masanjala and Papageorgiou. Journal of Applied Econometrics, 2011) shows that the results in Masanjala and...