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A Caseworker Like Me - Does the Similarity between unemployed and Caseworker Increase Job Placements?
Behncke, Stefanie; Frölich, Markus; Lechner, Michael - C.E.P.R. Discussion Papers - 2008
who belong to the same social group, defined by gender, age, education, and nationality. Based on an unusually informative … if caseworker and unemployed belong to the same social group. Coincidence in a single characteristic, e.g. same gender of …
Persistent link: https://www.econbiz.de/10005661934
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Social Identity and Preferences over Redistribution
Klor, Esteban F; Shayo, Moses - C.E.P.R. Discussion Papers - 2007
We design an experiment to study the effects of social identity on preferences over redistribution. The experiment … highlights the trade-off between social identity concerns and maximization of monetary payoffs. Subjects belonging to two … payoff maximization towards the tax rate that benefits their group when the monetary cost of doing so is not significantly …
Persistent link: https://www.econbiz.de/10005114256
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VARs, Common Factors and the Empirical Validation of Equilibrium Business Cycle Models
Giannone, Domenico; Reichlin, Lucrezia; Sala, Luca - C.E.P.R. Discussion Papers - 2002
Equilibrium business cycle models have typically less shocks than variables. As pointed out by Altug, 1989, and Sargent, 1989, if variables are measured with error, this characteristic implies that the model solution for measured variables has a factor structure. This Paper compares estimation...
Persistent link: https://www.econbiz.de/10005504708
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Choosing the variables to estimate singular DSGE models
Canova, Fabio; Ferroni, Filippo; Matthes, Christian - C.E.P.R. Discussion Papers - 2013
DSGE model. The first selects the vector of observables that optimizes parameter identification; the second the vector that …
Persistent link: https://www.econbiz.de/10011083464
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The Fiscal Theory of the Price Level - identification and testing for the UK in the 1970s
Fan, Jingwen; Minford, Patrick; Ou, Zhirong - C.E.P.R. Discussion Papers - 2013
the identification problem involved by setting up the FTPL as a structural model for the episode and pitting it against an …
Persistent link: https://www.econbiz.de/10011083765
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Multivariate Choice and Identification of Social Interactions
Cohen-Cole, Ethan; Liu, Xiaodong; Zenou, Yves - C.E.P.R. Discussion Papers - 2012
In this paper, we investigate the impact of peers on own outcomes where all agents embedded in a network choose more than one activity. We develop a simple network model that illustrates these issues. We differentiate between the ‘seemingly unrelated’ simultaneous equations model where...
Persistent link: https://www.econbiz.de/10011083770
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The role of fiscal policy in Britain's Great Inflation
Fan, Jingwen; Minford, Patrick; Ou, Zhirong - C.E.P.R. Discussion Papers - 2014
the identification problem involved by setting up the FTPL as a structural model for the episode and pitting it against an …
Persistent link: https://www.econbiz.de/10011083838
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The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy
Jordà, Òscar; Taylor, Alan M. - C.E.P.R. Discussion Papers - 2013
-contingent framework. We achieve identification of causal effects with new propensity-score based methods for time series data. Using this …
Persistent link: https://www.econbiz.de/10011083942
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Economic Science and Political Influence
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2012
When policymakers and private agents use models, the economists who design the model have an incentive to alter it in order influence outcomes in a fashion consistent with their own preferences. I discuss some consequences of the existence of such ideological bias. In particular, I analyze the...
Persistent link: https://www.econbiz.de/10011084158
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Giffen’s Good: A case of mistaken identification
Brunt, Liam - C.E.P.R. Discussion Papers - 2013
actually just mistaken identification, it is no surprise that Giffen goods are impossible to find elsewhere. Popularization of …
Persistent link: https://www.econbiz.de/10011084480