Disciplines / Research questions

Applied economics

10 research topics · 29 questions

Selection Bias and Long-Term Spillovers in Industrial Policy Effects3 questions
  1. Causal mechanisms of selection into the French competitiveness cluster policy: government choice of sector-location clusters and firm self-selection into membership

  2. What determines whether the effects of temporary industrial policy persist or fade after withdrawal, and the size and incidence of its long-run spillovers to untreated firms, industries, and regions

  3. Causal, long-horizon effects of production subsidies on indigenous innovation and firm productivity in Chinese manufacturing: the open questions left by Howell (2017)

The Puzzle of Exchange Rate Disconnect and the Failure of Macroeconomic Fundamentals in Forecasting3 questions
  1. Integrating indirectly identified unobserved fundamentals into out-of-sample exchange rate forecasting: repairing the exchange rate disconnect

  2. Identifying the private-information horizon and completing the Twitter-sentiment test of the exchange-rate disconnect

  3. A Structural Mechanism for Macro-Announcement-Driven Currency Risk Premia: Explaining the Stavrakeva–Tang Exchange-Rate Reconnect

The Price Puzzle in Identifying Monetary Policy Shocks4 questions
  1. The price puzzle under nominal anchors: identification robustness, the causal role of anchored expectations, and structural parameter regions

  2. What do announcement-window fed funds futures monetary policy surprises measure? The origin of the Barakchian–Crowe price puzzle and the decomposition of policy shocks from central-bank information, Fed response to news, and premia

  3. Quantifying the Central-Bank Asymmetric-Information Contribution to the Price Puzzle and the Transparency Channel in Monetary Transmission

  4. Sharp identification of the cost channel of monetary transmission and its structural interpretation of the price puzzle

The True Scale and Mechanism of the Household Energy Efficiency Gap2 questions
  1. Do energy efficiency investments deliver beyond energy savings? Causal non-energy benefits, full social returns to low-income weatherization, and credible ex post evidence on the energy efficiency gap

  2. From stated to revealed demand: external validity, mechanisms, and cost-effectiveness of information treatments for energy-efficient lighting

Ability Bias and the Validity of Instrumental Variables in Returns to Education4 questions
  1. Identification and interpretation of twins-based returns to education in urban China: residual within-pair ability bias, nonclassical measurement error in schooling reports, and the screening interpretation of low academic-high-school returns

  2. Identification and feasible inference for marginal treatment effects in the returns-to-education selection framework under weaker assumptions

  3. What drove the post-1980 rise in ability bias in the U.S. return to education?

  4. Set Identification of Causal Effects When Point Identification Fails in the Common-Confounding Instrumental-Variables Framework of Tien (2023)

Inconsistencies in Carbon Leakage Estimates Between Industry and Trade Perspectives2 questions
  1. Direct measurement and mechanisms of EU ETS carbon leakage in the cement and steel industries across trading phases

  2. Causal attribution of EU cement and aluminium trade-pattern changes to Phase III EU ETS carbon costs

Spatial Scale Sensitivity of Immigration's Impact on Local Wages1 questions
  1. Heterogeneity across the wage distribution and sub-provincial spatial scale in the wage effects of immigration in Spain

The Forward Premium Puzzle and Risk Premium Explanation4 questions
  1. Completing the default-risk explanation of the forward premium puzzle: the residual forward bias and its determinants

  2. Completing the imperfect-information model of the forward premium puzzle: risk aversion, stochastic output, generalized signal extraction, regime switches, and empirical validation of the Kalman-implied premium

  3. Identifying the mechanism behind the nonlinear Fama-regression beta in foreign-exchange forward premia

  4. When does uncovered interest parity hold? Robustness of the habit-based monetary-volatility mechanism to incomplete markets, monetary aggregates, and residual Fama-slope variation

The Explanatory Limits of Housing Supply Elasticity on House Price Divergence4 questions
  1. Completing the structural account of supply constraints and housing market dynamics: matching house-price volatility levels, endogenous regulation, parcel-level heterogeneity, and the net welfare of housing supply regulation

  2. A unified quantitative account of cross-city house price and rent dispersion: completing the Van Nieuwerburgh-Weill agenda

  3. Mechanisms behind cross-location differences in the price elasticity of new single-family housing supply in Germany

  4. Endogenous local-government land supply and city-specific distortions in quantitative models of China's rural-urban migration and house prices, and the welfare analysis of hukou and land policy

The Debate on the Sign and Heterogeneity of Minimum Wage Effects on Employment2 questions
  1. Whether employer monopsony power explains positive minimum-wage employment effects in developing countries

  2. Sources of heterogeneous minimum-wage employment effects: the surplus-moderation mechanism of Okudaira, Takizawa, and Yamanouchi (2019)

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