Slope coefficients in rank-rank regressions are popular measures of intergenerational mobility. In this paper, we first point out two important properties of the OLS estimator in such regressions: commonly used variance estimators do not consistently estimate the asymptotic variance of the OLS...

Climate and other shocks threaten the livelihoods of rice farmers in Vietnam, forcing them to diversify their livelihoods. This study investigates the diversification strategies of rice farmers in the Mekong Delta of Vietnam. Based on 405 rice farming households in Tien Giang, Dong Thap, and Can...

Slope coefficients in rank-rank regressions are popular measures of intergenerational mobility, for instance in regressions of a child's income rank on their parent's income rank. In this paper, we first point out that commonly used variance estimators such as the homoskedastic or robust...

We show that the higher-orders and their interactions of the common sparse linear factors can effectively subsume the factor zoo. We propose a forward selection Fama-MacBeth procedure as a method to estimate a high-dimensional stochastic discount factor model, isolating the most relevant...

The global spread of the novel coronavirus has had a devastating impact on supply chains around the world. Thus, the core notion of supply chain resilience is of increasing interest to organizations. This is especially true for Small and Medium Enterprises as the amount of uncertainty that is...

We develop two new methods for selecting the penalty parameter for the e1-penalized high-dimensional M-estimator, which we refer to as the analytic and bootstrap-after-cross-validation methods. For both methods, we derive nonasymptotic error bounds for the corresponding e1-penalized M-estimator...

In this paper, we introduce the weighted-average quantile regression model. We argue that this model is of interest in many applied settings and develop an estimator for parameters of this model. We show that our estimator is √T-consistent and asymptotically normal with mean zero under weak...

This article focuses on moral judgements about the integrity of politicians expressed by various actors in public opinion in the wake of Dutch integrity scandals. The research assesses the link between a supposed act on the one hand and moral judgements of the actors involved on the other in an...