Outputs (648)

Impulse response analysis in conditional quantile models with an application to monetary policy (2021)
Journal Article
Lee, D. J., Kim, T.-H., & Mizen, P. (2021). Impulse response analysis in conditional quantile models with an application to monetary policy. Journal of Economic Dynamics and Control, 127, Article 104102. https://doi.org/10.1016/j.jedc.2021.104102

This paper presents a new method to analyze the effect of shocks on time series using a quantile impulse response function (QIRF). While conventional impulse response analysis is restricted to evaluation using the conditional mean function, here, we... Read More about Impulse response analysis in conditional quantile models with an application to monetary policy.

Organization of R&D outsourcing: Asymmetric cross‐effects between locations (2021)
Journal Article
García-Vega, M., & Huergo, E. (2021). Organization of R&D outsourcing: Asymmetric cross‐effects between locations. Journal of Economics and Management Strategy, 30, 503-524. https://doi.org/10.1111/jems.12422

When companies acquire R&D from external national providers, would they benefit if they also acquired knowledge from foreign providers? And the other way around? These questions are important for the organization of firm knowledge-based activies and... Read More about Organization of R&D outsourcing: Asymmetric cross‐effects between locations.

Wikipedia matters (2021)
Journal Article
Hinnosaar, M., Hinnosaar, T., Kummer, M., & Slivko, O. (2021). Wikipedia matters. Journal of Economics and Management Strategy, 32(3), 657-669. https://doi.org/10.1111/jems.12421

We document a causal impact of online user-generated information on real-world economic outcomes. In particular, we conduct a randomized field experiment to test whether additional content on Wikipedia pages about cities affects tourists' choices of... Read More about Wikipedia matters.

Rules versus norms: How formal and informal institutions shape judicial sentencing cycles (2021)
Journal Article
Dippel, C., & Poyker, M. (2021). Rules versus norms: How formal and informal institutions shape judicial sentencing cycles. Journal of Comparative Economics, 49(3), 645-659. https://doi.org/10.1016/j.jce.2021.02.003

Existing research on electoral sentencing cycles consistently finds that elected judges levy longer sentences when they are up for re-election. However, this research finding had previously drawn exclusively on data from four states. Using newly coll... Read More about Rules versus norms: How formal and informal institutions shape judicial sentencing cycles.

African Leafy Vegetables for Improved Human Nutrition and Food System Resilience in Southern Africa: A Scoping Review (2021)
Journal Article
Isaac, A., Shayanowako, T., Morrissey, O., Tanzi, A., Muchuweti, M., Mendiondo, G. M., …Durazzo, A. (2021). African Leafy Vegetables for Improved Human Nutrition and Food System Resilience in Southern Africa: A Scoping Review. Sustainability, 13(5), Article 2896. https://doi.org/10.3390/su13052896

The economic potential of African leafy vegetables (ALVs) remains obscured by a poorly developed value chain. This scoping review assembled and examined scattered knowledge generated on ALVs across southern Africa, focusing on production, processing,... Read More about African Leafy Vegetables for Improved Human Nutrition and Food System Resilience in Southern Africa: A Scoping Review.

Dynamic Persuasion with Outside Information (2021)
Journal Article
Bizzotto, J., Rüdiger, J., & Vigier, A. (2021). Dynamic Persuasion with Outside Information. American Economic Journal: Microeconomics, 13(1), 179-194. https://doi.org/10.1257/mic.20180141

A principal seeks to persuade an agent to accept an offer of uncertain value before a deadline expires. The principal can generate information, but exerts no control over exogenous outside information. The combined effect of the deadline and outside... Read More about Dynamic Persuasion with Outside Information.

Christian missions and anti-gay attitudes in Africa (2021)
Journal Article
Ananyev, M., & Poyker, M. (2021). Christian missions and anti-gay attitudes in Africa. Journal of Economic Behavior and Organization, 184, 359-374. https://doi.org/10.1016/j.jebo.2021.02.003

We argue that colonial Christian missions had a long-term impact on anti-gay attitudes in Africa. We use a geo-coded representative survey of African countries and the location of historical Christian missions to estimate a significant and economical... Read More about Christian missions and anti-gay attitudes in Africa.

Simple Tests for Stock Return Predictability with Good Size and Power Properties (2021)
Journal Article
Harvey, D. I., Leybourne, S. J., & Taylor, A. M. R. (2021). Simple Tests for Stock Return Predictability with Good Size and Power Properties. Journal of Econometrics, 224(1), 198-214. https://doi.org/10.1016/j.jeconom.2021.01.004

We develop easy-to-implement tests for return predictability which, relative to extant tests in the literature, display attractive finite sample size control and power across a wide range of persistence and endogeneity levels for the predictor. Our a... Read More about Simple Tests for Stock Return Predictability with Good Size and Power Properties.

Reserve Volatility and the Identification of Exchange Rate Regimes (2021)
Journal Article
Bleaney, M., & Tian, M. (2021). Reserve Volatility and the Identification of Exchange Rate Regimes. Open Economies Review, 32(4), 701–723. https://doi.org/10.1007/s11079-021-09617-7

Should exchange rate regime classifications be based purely on some measure of exchange rate flexibility, or should such flexibility be judged in proportion to the degree of exchange market pressure (EMP), as reflected in the behaviour of internation... Read More about Reserve Volatility and the Identification of Exchange Rate Regimes.

Growing Like China: Firm Performance and Global Production Line Position (2021)
Journal Article
Chor, D., Manova, K., & Yu, Z. (2021). Growing Like China: Firm Performance and Global Production Line Position. Journal of International Economics, 130, Article 103445. https://doi.org/10.1016/j.jinteco.2021.103445

Global value chains have fundamentally transformed international trade and development in recent decades. We use matched firm-level customs and manufacturing survey data, together with Input-Output tables for China, to examine how Chinese firms posit... Read More about Growing Like China: Firm Performance and Global Production Line Position.