Debt Overhang and Deleveraging in the US Household Sector: Gauging the Impact on Consumption
Social Science Research Network, 2015 Using a novel dataset for the US states, this paper examines whether household debt and the protracted debt deleveraging help explain the dismal performance of US consumption since 2007 in the aftermath of the housing bubble.
Bruno Albuquerque, G. Krustev
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The stochastic dynamics of business evaluations using Markov models
, 2020 Current assessments of credit and financial risk based on deterministic analyses provide only a limited understanding of current and future solvency rates.
Marco Desogus
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The Information Content of Real-Time Output Gap Estimates: An Application to the Euro Area
Social Science Research Network, 2002 The paper investigates real-time output gap estimates for the euro artea obtained from various unobserved components (UOC) models. Based on a state space modelling framework, three criteria are used to evaluate real-time estimates, I.e.
Gerhard Rünstler
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What Drives Euro Area Break-Even Inflation Rates?
Social Science Research Network, 2009 The yield spread between nominal and inflation-linked bonds (or break-even inflation rates, BEIR) is a fundamental indicator of inflation expectations (and associated premia).
Matteo Ciccarelli, Juan A. Garcia
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Blunt Instruments: Avoiding Common Pitfalls in Identifying the Causes of Economic Growth
, 2013 Samuel Bazzi, Michael A. Clemens
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Parameter Learning in General Equilibrium: The Asset Pricing Implications
, 2013 P. Collin-Dufresne +2 more
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IMPROVING PUPIL PERFORMANCE IN ENGLISH SECONDARY SCHOOLS: EXCELLENCE IN CITIES
, 2004 S. Machin, S. Mcnally, C. Meghir
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Methods Matter: p-Hacking and Publication Bias in Causal Analysis in Economics: Comment
The American Economic Review, 2022Brodeur, Cook, and Heyes (2020) study hypothesis tests from economic articles and find evidence for p-hacking and publication bias, in particular for instrumental variable and difference-in-difference studies.
Sebastian Kranz, Peter Pütz
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Methods Matter: p-Hacking and Publication Bias in Causal Analysis in Economics
The American Economic Review, 2020The credibility revolution in economics has promoted causal identification using randomized control trials (RCT), difference-in-differences (DID), instrumental variables (IV) and regression discontinuity design (RDD). Applying multiple approaches to over
A. Brodeur, Nikolai Cook, A. Heyes
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Identification of Non-Additive Fixed Effects Models: Is the Return to Teacher Quality Homogeneous?
Social Science Research Network, 2023Panel or grouped data are often used to allow for unobserved individual heterogeneity in econometric models via fixed effects. In this paper, we discuss identification of a panel data model in which the unobserved heterogeneity both enters additively and
J. Hahn, J. Singleton, Neşe Yıldız
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