In this paper we utilize White's Reality Check bootstrap methodology (White (1997)) to evaluate simple technical trading rules while quantifying the data-snooping bias and fully adjusting for its effect in the context of the full universe from which the trading rules were drawn. Hence, for the...

Data sharing is common practice in forecasting experiments in situations where fresh data samples are difficult or expensive to generate. This means that forecasters often analyze the same data set using a host of different models and sets of explanatory variables. This practice introduces...

This article estimates the effect of offering an expedited citizenship application process to noncitizens for joining the US military. Executive Order (EO) 13269, enacted in July of 2002, allowed noncitizens to apply for US citizenship immediately upon joining the military, effectively reducing...

This comment discusses the pros and cons of the methodology and data used in our previous study on the cost-effectiveness of armor on Tactical Wheeled Vehicles (TWVs), and responds to recent critiques by Franz Gayl. In our previous article, we evaluated the large-scale Army policies to replace...

Due to federal regulations, automobile air bag availability was a model-specific discontinuous function of model year for used vehicles in the 1990s and early 2000s. We use the discontinuities and the gradual increase in the supply of air bags to trace out the demand curve for air bags and the...

This study uses for official use only data on US military operations to evaluate the large-scale Army policies to replace relatively light Type 1 tactical wheeled vehicles (TWVs) with more heavily protected Type 2 variants and later to replace Type 2s with more heavily protected Type 3s. We find...