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Ranking intersecting distribution functions (replication data)
Second-degree dominance has become a widely accepted criterion for ordering distribution functions according to social welfare. However, it provides only a partial ordering, and... -
Estimating household consumption insurance (replication data)
Blundell, Pistaferri, and Preston (American Economic Review, 2008, 98(5), 1887-1921) report an estimate of household consumption insurance with respect to permanent income... -
No‐arbitrage priors, drifting volatilities, and the term structure of interes...
We use a Bayesian vector autoregression with stochastic volatility to forecast government bond yields. We form the conjugate prior from a no-arbitrage affine term structure... -
Measurement of factor strength: Theory and practice (replication data)
This paper proposes an estimator of factor strength and establishes its consistency and asymptotic distribution. The estimator is based on the number of statistically... -
Understanding women's wage growth using indirect inference with importance sa...
The goal of this work is to investigate the effects of time out of the labor market for childcare on women's lifecycle wage growth. We develop a dynamic lifecycle model of human... -
Measurement error in earnings data: Replication of Meijer, Rohwedder, and Wan...
Meijer, Rohwedder, and Wansbeek (MRW, Journal of Business & Economic Statistics, 2012) developed methods for prediction of a single earnings figure per worker from mixture... -
When are instruments generated from geographic characteristics in bilateral r...
In their highly influential paper, Does Trade Cause Growth,? Frankel and Romer estimate a trade equation to predict bilateral trade shares, which are in turn aggregated to... -
Counterfactual analysis under partial identification using locally robust ref...
Structural models that admit multiple reduced forms, such as game-theoretic models with multiple equilibria, pose challenges in practice, especially when parameters are set... -
Testing monotonicity of conditional treatment effects under regression discon...
Researchers are often interested in the relationship between treatment effects and observed individual heterogeneity. This paper proposes the first nonparametric monotonicity... -
Combining shrinkage and sparsity in conjugate vector autoregressive models (r...
Conjugate priors allow for fast inference in large dimensional vector autoregressive (VAR) models. But at the same time, they introduce the restriction that each equation... -
Measuring global economic activity (replication data)
A number of economic studies have used a proxy for world real economic activity derived from shipping costs. This measure turns out to depend on a normalization that has... -
Time‐varying income elasticities of healthcare expenditure for the OECD and E...
We propose a panel data model for nonstationary variables with interactive fixed effects and coefficients that may vary over time and use it to examine time variation in the... -
Supply flexibility in the shale patch: Evidence from North Dakota (replicatio...
This paper provides new results to the literature, showing that output flexibility in oil production depends on the extraction technology. In particular, constructing a novel... -
Social interactions and social preferences in social networks (replication data)
We study social interactions when individuals hold altruistic preferences in social networks. Rich network features can be captured in the resulting best response function. The... -
Fueling conflict? (De)escalation and bilateral aid (replication data)
This paper studies the effects of bilateral foreign aid on conflict escalation and deescalation. First, we develop a new ordinal measure capturing the two-sided and multifaceted... -
Nonlinear effects of government spending shocks in the USA: Evidence from sta...
This paper uses state-level data to estimate the effect of government spending shocks during expansions and recessions. By employing a mixed-frequency framework, we are able to... -
Common correlated effect cross‐sectional dependence corrections for nonlinear...
This paper provides an approach to estimation and inference for nonlinear conditional mean panel data models, in the presence of cross-sectional dependence. We modify Pesaran's... -
Real‐time detection of regimes of predictability in the US equity premium (re...
We propose new real-time monitoring procedures for the emergence of end-of-sample predictive regimes using sequential implementations of standard (heteroskedasticity-robust)... -
Reevaluating the prudence of economic forecasts in the EU: The role of instru...
Christodoulakis and Mamatzakis (2009, Journal of Applied Econometrics 24, pp. 583-606) estimate the EU Commission loss preferences for selected economic forecasts of 12 EU... -
Estimation and inference for spatial models with heterogeneous coefficients: ...
This paper considers the estimation and inference of spatial panel data models with heterogeneous spatial lag coefficients, with and without weakly exogenous regressors, and...
