Search Results - economics

Empirical Strategies in Economics : Illuminating the Path from Cause to Effect

Angrist, Joshua D. - National Bureau of Economic Research - 2022

The view that empirical strategies in economics should be transparent and credible now goes almost without saying. The …

Persistent link: https://www.econbiz.de/10012938695

A Structural Empirical Model of R&D Investment, Firm Heterogeneity, and Industry Evolution

Chen, Yanyou; Xu, Daniel Yi - National Bureau of Economic Research - 2022

This paper develops and estimates an industry equilibrium model of manufacturing plants in the Korean electric motor industry from 1991 to 1996. Plant-level decisions on R&D, physical capital investment, entry, and exit are integrated in a dynamic setting with knowledge spillovers. We use a...

Persistent link: https://www.econbiz.de/10012938702

Reconciling Trends in U.S. Male Earnings Volatility : Results from Survey and Administrative Data

Moffitt, Robert A.; Abowd, John M.; Bollinger, … - National Bureau of Economic Research - 2022

One strand of the literature in labor economics, household finance, and macroeconomics has studied whether individual …

Persistent link: https://www.econbiz.de/10012938706

Valuing the Time of the Self-Employed

Agness, Daniel; Baseler, Travis; Chassang, Sylvain; … - National Bureau of Economic Research - 2022

People's value for their own time is a key input in evaluating public policies: evaluations should account for time taken away from work or leisure as a result of policy. Using rich choice data collected from farming households in western Kenya, we show that households exhibit non-transitive...

Persistent link: https://www.econbiz.de/10012938721

Intergenerational Mobility

Cholli, Neil A.; Durlauf, Steven N. - National Bureau of Economic Research - 2022

analyses of classic and more recent work from both economics and sociology. We summarize models and the surrounding empirical …

Persistent link: https://www.econbiz.de/10012938729

The World Uncertainty Index

Ahir, Hites; Bloom, Nicholas; Furceri, Davide - National Bureau of Economic Research - 2022

We construct the World Uncertainty Index (WUI) for an unbalanced panel of 143 individual countries on a quarterly basis from 1952. This is the frequency of the word "uncertainty" in the quarterly Economist Intelligence Unit country reports. Globally, the Index spikes around major events like the...

Persistent link: https://www.econbiz.de/10012938732

Statistical Uncertainty in the Ranking of Journals and Universities

Mogstad, Magne; Romano, Joseph P.; Shaikh, Azeem M.; … - National Bureau of Economic Research - 2022

these confidence sets to draw inferences about uncertainty in the ranking of economics journals and universities by impact …

Persistent link: https://www.econbiz.de/10012938737

Procyclical Productivity in New Keynesian Models

Qiu, Zhesheng; Ríos-Rull, José-Víctor - National Bureau of Economic Research - 2022

We propose an easy-to-use search friction in the goods markets in medium-sized New Keynesian models. This friction allows increases in measured productivity in response to increases in expenditures via higher search effort from households. As a result markups can become procyclical and labor...

Persistent link: https://www.econbiz.de/10012938738

Gifted Children Programs' Short and Long-Term Impact : Higher Education, Earnings, and the Knowledge-Economy

Lavy, Victor; Goldstein, Yoav - National Bureau of Economic Research - 2022

We estimate the effects of gifted children programs (GCP) in high schools in Israel. We selected a comparison group of equally gifted students from other cities where GCP was not offered at the time. Based on administrative data, we follow 22 cohorts and measure treatment effects on outcomes,...

Persistent link: https://www.econbiz.de/10012938748

Ideas Have Consequences : The Impact of Law and Economics on American Justice

Ash, Elliott; Chen, Daniel L.; Naidu, Suresh - National Bureau of Economic Research - 2022

This paper provides a quantitative analysis of the effects of the early law-and- economics movement on the U ….S. judiciary. We focus on the Manne Economics Institute for Federal Judges, an intensive economics course that trained almost half … predicting the timing of attendance. We find that after attending economics training, participating judges use more economics …

Persistent link: https://www.econbiz.de/10012938757

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