Exploring the heterogeneous impacts of Indonesia's conditional cash transfer scheme (PKH) on maternal health care utilisation using instrumental causal forests [0.03%]
基于工具变量因果森林的印尼有条件现金转移计划对产妇医疗卫生服务利用异质性影响的探究
Vishalie Shah,Julia Hatamyar,Taufik Hidayat et al.
Vishalie Shah et al.
This paper uses instrumental causal forests, a novel machine learning method, to explore the treatment effect heterogeneity of Indonesia's conditional cash transfer scheme on maternal health care utilisation. Using randomised programme assi...
Econometric analysis of the long-run relationship between preventive care spending and mortality: evidence from OECD countries, 1970-2019 [0.03%]
经合组织国家1970-2019年预防性护理支出与死亡率长期关系的计量经济分析
Mehdi Ammi,Farzaneh Davarzani
Mehdi Ammi
While the share of health spending from public sources dedicated to preventive care has increased, the extent to which this preventive care spending can reduce mortality is still uncertain, mainly since effects may occur only in the long ru...
The short-term effect of a COVID-19 infection on employment probabilities of labour-market entrants in the Netherlands [0.03%]
新冠疫情对荷兰劳动力市场准入者就业概率的短期影响
Henri Bussink,Tobias Vervliet,Bas Ter Weel
Henri Bussink
This research estimates the effect of a COVID-19 infection on the employment probabilities of two cohorts of labour-market entrants in the Netherlands. To identify the causal effect, we exploit variation in registered (positive) COVID-19 (P...
Introducing shrinkage in heavy-tailed state space models to predict equity excess returns [0.03%]
通过引入收缩性来预测重型状态空间模型的股票超额收益
Florian Huber,Gregor Kastner,Michael Pfarrhofer
Florian Huber
We forecast excess returns of the S &P 500 index using a flexible Bayesian econometric state space model with non-Gaussian features at several levels. More precisely, we control for overparameterization via global-local shrinkage priors on ...
Simultaneity in binary outcome models with an application to employment for couples [0.03%]
二元结果模型中的同期问题及在夫妻就业情况下的应用
Bo E Honoré,Luojia Hu,Ekaterini Kyriazidou et al.
Bo E Honoré et al.
Two of Peter Schmidt's many contributions to econometrics have been to introduce a simultaneous logit model for bivariate binary outcomes and to study estimation of dynamic linear fixed effects panel data models using short panels. In this ...
Macroeconomic effects of uncertainty: a Google trends-based analysis for India [0.03%]
基于Google Trends的不确定性对宏观经济的影响:针对印度的分析
Bhanu Pratap,Nalin Priyaranjan
Bhanu Pratap
This study proposes a new high-frequency indicator to measure economic policy uncertainty in the context of India, a large emerging market economy. Based on internet search intensity data, the proposed index tends to peak around domestic an...
Intratemporal elasticity of substitution between private and public consumption: new evidence and implications [0.03%]
私人消费和公共消费的 intratemporal替代弹性:新证据及其影响
John Nana Francois,Andrew Keinsley
John Nana Francois
This paper estimates the intratemporal elasticity of substitution (IES) between private and public consumption in private utility. Using panel data for 17 European countries over 1970-2018, we estimate the IES to lie between 0.6 and 0.74. W...
The impact of pandemic on dynamic volatility spillover network of international stock markets [0.03%]
疫情对国际股市动态波动溢出网络的影响
Tingting Lan,Liuguo Shao,Hua Zhang et al.
Tingting Lan et al.
Since the beginning of the twenty-first century, several pandemics, including SARS and COVID-19, have spread faster and on a broader scale. Not only do they harm people's health, but they can also cause significant damage to the global econ...
Oil price shocks and China's consumer and entrepreneur sentiment: a Bayesian structural VAR approach [0.03%]
基于贝叶斯结构向量自回归的油价冲击对中国消费者和企业家信心的影响分析
Peng Li,Yaofu Ouyang
Peng Li
This paper studies the effect of oil price shocks on China's consumer and entrepreneur sentiment using a novel Bayesian inference structural vector autoregression model. Interestingly, we find that oil supply and demand shocks that raise oi...
Nuno Lourenço,António Rua
Nuno Lourenço
Assessing the momentum of the business cycle is of utmost importance for policymakers and private agents. In this respect, the use of business cycle clocks has gained prominence among national and international institutions to depict the cu...