Accepted Papers

Optimal Environmental Targeting in the Amazon Rainforest

25 September 2022

Juliano Assuncao, Robert McMillan, Joshua Murphy and Eduardo Souza-Rodrigues

This paper sets out a data-driven approach for targeting environmental policies optimally in order to combat deforestation.

Time Consistency and Duration of Government Debt: A Model of Quantitative Easing

5 September 2022

Saroj Bhattarai, Gauti B. Eggertsson and Bulat Gafarov

This paper presents a model of quantitative easing (QE) at the zero lower bound (ZLB) on the short-term nominal interest rate.

Managerial Quality and Productivity Dynamics

5 September 2022

Achyuta Adhvaryu, Anant Nyshadham and Jorge Tamayo

Do productivity and managerial quality vary within the firm? If so which managerial traits and practices matter most for team productivity?

An Instrumental Variable Approach to Dynamic Models

5 September 2022

Steven Berry and Giovanni Compiani

We present a new class of methods for identification and inference in dynamic models with serially correlated unobservables, which typically imply that state variables are econometrically endogenous.

Culture and the Historical Fertility Transition

26 August 2022

Brian Beach and W. Walker Hanlon

The historical transition to a low fertility regime was central for long-run growth, but what caused it?

Estimating Intergenerational and Assortative Processes in Extended Family Data

26 August 2022

M. Dolores Collado, Ignacio Ortuño-Ortín and Jan Stuhler

We quantify intergenerational and assortative processes by comparing different degrees of kinship within the same generation.

Estimation of Discrete Games with Weak Assumptions on Information

12 August 2022

Lorenzo Magnolfi and Camilla Roncoroni

We propose a method to estimate static discrete games with weak assumptions on the information available to players.

Data-intensive Innovation and the State: Evidence from AI Firms in China

5 August 2022

Martin Beraja, David Y. Yang and Noam Yuchtman

Developing AI technology requires data. In many domains, government data far exceeds in magnitude and scope data collected by the private sector, and AI firms often gain access to such data when providing services to the state.

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New paper by Lee:

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Manager pay and pay inequality have increased substantially since the 1980s. Manager pay reflect that managers increase the firm’s productivity which in turn affects market power.

New paper by @jan_eeckhout, Bao, and De Loecker

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Uniform asymptotic theory for local projections with unknown/infinite lag order. LPs can achieve semiparametric efficiency and support robust IRF inference.

New paper by Xu:

https://www.restud.com/local-projection-based-inference-under-general-conditions/

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Monopsony power makes productive firms decide to stay small, hurting aggregate productivity. More strongly size-dependent wages in East Germany explain a third of the difference to the West.

New paper by @BachmannRudi, @christianbaye13, Stüber, and Wellschmied

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Optimal Environmental Targeting in the Amazon Rainforest

Time Consistency and Duration of Government Debt: A Model of Quantitative Easing

Managerial Quality and Productivity Dynamics

An Instrumental Variable Approach to Dynamic Models

Culture and the Historical Fertility Transition

Estimating Intergenerational and Assortative Processes in Extended Family Data

Estimation of Discrete Games with Weak Assumptions on Information

Data-intensive Innovation and the State: Evidence from AI Firms in China

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