-diversified equity portfolio. We do not use any dividend strips data in the estimation of the model; however, model-implied equity yields …

profile likelihood based estimation procedure. Monte Carlo simulation results indicate that our estimator exhibits good finite …

additively and interacts with treatment variables. We present identification and estimation methods for parameters of interest in …

. Finally, we apply these findings to the empirical estimation of regime-dependent fiscal multipliers and find multipliers less …

This paper extends my research applying statistical decision theory to treatment choice with sample data, using maximum … in indirect ways, the former applying classical statistical theory and the latter measuring prediction accuracy in test … samples. Neither approach is satisfactory. Statistical decision theory provides a coherent, generally applicable methodology …

The estimation of racial disparities in various fields is often hampered by the lack of individual-level racial … Instrumental Regression for Disparity Estimation (BIRDiE), that take BISG probabilities as inputs and produce racial disparity … estimates by using surnames as an instrumental variable for race. Our estimation method is scalable, making it possible to …