cometadata/datacite-titles-descriptions-related-identifiers huggingface dataset:
DOI: 10.3886/icpsr01307
title: Increasing Importance of Proximity for Exports From U.S. States
title: Archival Version

description: Changes in income, trade policies, transportation costs, technology, and many other variables affect the geographic pattern of international trade flows. This paper focuses on the changing geography of merchandise exports from individual U.S. states to foreign countries. Generally speaking, the geographic distribution of state exports has changed so that trade has become more intense with nearby countries relative to distant countries. All states, however, did not experience similar changes. As measured by the distance of trade, which is the average distance that a state's international trade is transported, 40 states experienced a declining distance of trade, while 11 states (including Washington, DC) experienced an increasing distance of trade. Evidence, albeit far from definitive, suggests that declining transportation costs over land, the implementation of the North American Free Trade Agreement, and faster income growth by nearby trading partners relative to distant partners have contributed to the changing geography of state exports.
description: Datasets: 
 
 DS1: Dataset
description: (1) The files are 0411ccp.txt, the program file, and 0411ccd.exe, the data file. (2) These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigators if further information is desired.
DOI: 10.3886/icpsr01308
title: Monetary Policy and Asset Prices: A Look at Past U.S. Stock Market Booms
title: Archival Version

description: This article examines the economic environments in which past U.S. stock market booms occurred as a first step toward understanding how asset price booms come about and whether monetary policy should be used to defuse booms. The authors identify several episodes of sustained rapid rises in equity prices in the 19th and 20th centuries, and then assess the growth of real output, productivity, the price level, and money and credit stocks during each episode. Two booms stand out in terms of their length and rate of increase in market prices -- the booms of 1923-1929 and 1994-2000. In general, the authors find that booms occurred in periods of rapid real growth and productivity advancement, suggesting that booms are driven at least partly by fundamentals. They find no consistent relationship between inflation and stock market booms, though booms have typically occurred when money and credit growth were above average.
description: Datasets: 
 
 DS1: Dataset
description: (1) The file submitted is data file 0411dwd.xls. (2) These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigators if further information is desired.
DOI: 10.3886/icpsr01309
title: What Does the Federal Reserve's Economic Value Model Tell Us About Interest Rate Risk at United States Community Banks?
title: Archival Version

description: The savings and loan crisis of the 1980s revealed the vulnerability of some depository institutions to changes in interest rates. Since that episode, United States bank supervisors have placed more emphasis on monitoring the interest rate risk of commercial banks. Economists at the Board of Governors of the Federal Reserve System developed a duration-based economic value model (EVM) designed to estimate the interest rate sensitivity of banks. The authors test whether measures derived from the Federal Reserve's EVM are correlated with the interest rate sensitivity of United States community banks. The answer to this question is important because bank supervisors rely on EVM measures for monitoring and risk-scoping bank-level interest rate sensitivity. The authors find that the Federal Reserve's EVM is indeed correlated with banks' interest rate sensitivity and conclude that supervisors can rely on this tool to help assess a bank's interest rate risk. These results are consistent with prior research that finds the average interest rate risk at banks to be modest, although the potential interaction between interest rate risk and other risk factors is not considered here.
description: Datasets: 
 
 DS1: Dataset
description: (1) The file submitted is 0411gsp.sas, a program file. (2) These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigators if further information is desired.
DOI: 10.3886/icpsr01310
title: Discrete Policy Changes and Empirical Models of the Federal Funds Rate
title: Archival Version

description: Empirical models of the federal funds rate almost uniformly use the quarterly or monthly average of the daily rates. One empirical question about the federal funds rate concerns the extent to which monetary policymakers smooth this interest rate. Under the hypothesis of rate smoothing, policymakers set the interest rate this period equal to a weighted average of the rate inherited from the previous quarter and the rate implied by current economic conditions, such as the Taylor rule rate. Perhaps surprisingly, however, little attention has been given to measuring the interest rate inherited from the previous quarter. Previous tests for interest rate smoothing have assumed that the quarterly or monthly average from the previous period is the inherited rate. The authors of this study, in contrast, suggest that the end-of-quarter level of the target federal funds rate is the inherited rate, and empirical tests support this proposition. The authors show that this alternative view of the rate inherited from the past affects empirical results concerning interest rate smoothing, even in relatively rich models that include regime switching.
description: Datasets: 
 
 DS1: Dataset
description: (1) The files submitted are 0411mdp.txt, program file, and 0411mdd.txt, the data file. (2) These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigators if further information is desired.
DOI: 10.3886/icpsr01312
title: Stock Return and Interest Rate Risk at Fannie Mae and Freddie Mac
title: Archival Version

description: Fannie Mae and Freddie Mac are government-sponsored enterprises (GSEs) with the stated objective of promoting home ownership by improving the availability of mortgage financing for private households. These enterprises engage in two separate and distinct lines of business: (1) assembling and marketing pools of mortgages on which they guarantee the timely payments of principal and interest and (2) purchasing mortgage assets for their own portfolio, mostly funded with debt securities. This article examines the sensitivity of the returns on GSEs' shares to realizations of interest rate risk. The study shows that the market value of Fannie Mae and Freddie Mac's equity is vulnerable to increases in short-term interest rates and changes in the term spread (the difference between the long-term and short-term interest rates).
description: Datasets: 
 
 DS1: Dataset
description: (1) The file submitted is the program file 0501fsp.prg. (2) These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigators if further information is desired.
DOI: 10.3886/icpsr01313
title: Controlling for Heterogeneity in Gravity Models of Trade and Integration
title: Archival Version

description: This paper compares various specifications of the gravity model of trade as nested versions of a general specification that uses bilateral country-pair fixed effects to control for heterogeneity. For each specification, we show that the atheoretical restrictions used to obtain them from the general model are not supported statistically. Because the gravity model has become the "workhorse" baseline model for estimating the effects of international integration, this has important empirical implications. In particular, we show that, unless heterogeneity is accounted for correctly, gravity models can greatly overestimate the effects of integration on the volume of trade.
description: Datasets: 
 
 DS1: Dataset
description: (1) The files submitted are the data file 0501hwd.xls and the program file 0501hwp.txt. (2) These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigators if further information is desired.
DOI: 10.3886/icpsr01314
title: Evidence on Wage Inequality, Worker Education and Technology
title: Archival Version

description: The rise in United States wage inequality over the past two decades is commonly associated with an increase in the use of "skill-biased" technologies (e.g., computer equipment) in the workplace, yet relatively few studies have attempted to measure the direct link between the two. This paper explores the relationship among inequality, worker education levels, and workplace computer usage using a sample of 230 United States industries between 1983 and 2002. The results generate two primary conclusions: First, this rising inequality in the United States has been caused predominantly by increasing wage dispersion within industries rather than between industries. Second, within-industry inequality is strongly tied to both the frequency of computer usage among workers and the fraction of total employment with a college degree. Both results lend support to the idea that skill-biased technological change has been an important element in the rise of United States wage inequality.
description: Datasets: 
 
 DS1: Dataset
description: The file submitted is 0505cwpd.zip which contains program and data files, with a README.txt file with a full description.
These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigators if further information is desired.
DOI: 10.3886/icpsr03769
title: ABC News/Washington Post Poll, December 2002
title: Archival Version

description: This poll, conducted December 12, 2002, is part of a continuing series of monthly polls that solicit opinions on the presidency and on other political and social issues. Respondents were asked their opinions of President George W. Bush and his handling of the economy, Iraq and Iraqi leader Saddam Hussein, education reform, Social Security, prescription drug coverage, health insurance, the environment, Homeland security, taxes, and the war against terrorism. Respondents were also asked to give their views on President Bush's priorities for the country, the individuals who influenced his policymaking, and the amount of blame or credit that should be attributed to President Bush for the economy. Respondents' opinions were elicited on taking military action against Iraq, whether the reasons given by President Bush were sufficient to justify military action, whether Iraq possessed weapons of mass destruction, the level of threat Iraq posed to the United States, and whether the government was doing enough to battle terrorism and protect civil liberties. In addition, respondents were queried about the Catholic Church and its handling of recent abuse allegations brought against clergy, and the overall political and economic outlook for the country and the world in 2003. Background information on respondents includes age, sex, ethnicity, education, political orientation, religious orientation, level of religious participation, household income, and whether the respondent lived in an urban, suburban, or rural area.
description: Datasets: 
 
 DS1: Dataset
description: ABC News/Washington Post Poll Series
description: Additional information about sampling, interviewing, weighting, and sampling error may be found in the codebook.
The data are provided as an SPSS portable file.
This collection has not been processed by ICPSR staff. ICPSR is distributing the data and documentation for this collection in essentially the same form in which they were received. When appropriate, documentation has been converted to Portable Document Format (PDF), data files have been converted to non-platform-specific formats, and variables have been recoded to ensure respondents' privacy.
Produced by Taylor Nelson Sofres Intersearch, Horsham, PA, 2002.
description: Persons aged 18 and over living in households with telephones in the contiguous 48 United States.
description: Households were selected by random-digit dialing. Within households, the respondent selected was the adult living in the household who last had a birthday and who was home at the time of the interview.
DOI: 10.3886/icpsr03771
title: ABC News/Washington Post Politics II Poll, January 2003
title: Archival Version

description: This poll, conducted January 30, 2003-February 1, 2003, is part of a series of monthly surveys that solicit public opinion on the presidency and on a range of other political and social issues. Respondents were asked to give their opinions on President George W. Bush's performance in relation to the economy, the war against terrorism, Saddam Hussein and Iraq, the budget, taxes, Medicare, and prescription drug benefits for the elderly. Respondents were also asked to give their opinions on the priorities and effectiveness of Congress, the justification and support for military action against Iraq and its leader Saddam Hussein, the possible economic and human costs of pursuing military action in Iraq, the current condition of Medicare, and the long-term effects of President Bush's proposed tax cuts. Background information on respondents includes age, sex, political orientation, education, ethnicity, and household income.
description: Datasets: 
 
 DS1: Dataset
description: ABC News/Washington Post Poll Series
description: Additional information about sampling, interviewing, weighting, and sampling error may be found in the codebook.
The data are provided as an SPSS portable file.
This collection has not been processed by ICPSR staff. ICPSR is distributing the data and documentation for this collection in essentially the same form in which they were received. When appropriate, documentation has been converted to Portable Document Format (PDF), data files have been converted to non-platform-specific formats, and variables have been recoded to ensure respondents' privacy.
Produced by Taylor Nelson Sofres Intersearch, Horsham, PA, 2003.
description: Persons aged 18 and over living in households with telephones in the contiguous 48 United States.
description: Households were selected by random-digit dialing. Within households, the respondent selected was the adult living in the household who last had a birthday and who was home at the time of the interview.
DOI: 10.3886/icpsr03772
title: ABC News Pre-State of the Union Address Poll, January 2003
title: Archival Version

description: This special topic poll, conducted January 27, 2003, was undertaken to assess public opinion on the presidency and on a range of other political and social issues on the eve of the State of the Union Address. Respondents were asked to give their opinions of President George W. Bush and his handling of the presidency, the economy, the United States campaign against terrorism, and the situation with Iraq and Iraqi President Saddam Hussein. Those polled were asked whether they supported or opposed United States military action against Iraq to force Hussein from power, whether their support or opposition would change if the United Nations opposed such action, and whether they supported or opposed an invasion by United States ground troops with possible military casualties. Views were sought on whether Bush had presented enough evidence to justify the use of military force in Iraq, whether United Nations weapons inspectors should be given additional time to search for weapons of mass destruction, and whether the burden of proof regarding the existence of weapons of mass destruction lay with the United States or with Iraq. Respondents were asked whether they were concerned that the Bush administration would act too quickly and/or without international support, whether Iraq posed an immediate threat to United States interests, and whether Bush had overstated the level of threat facing the United States from Iraq. Background information on respondents includes gender and political party.
description: Datasets: 
 
 DS1: Dataset
description: ABC News/Washington Post Poll Series
description: Additional information about sampling, interviewing, weighting, and sampling error may be found in the codebook.
The data are provided as an SPSS portable file.
This collection has not been processed by ICPSR staff. ICPSR is distributing the data and documentation for this collection in essentially the same form in which they were received. When appropriate, documentation has been converted to Portable Document Format (PDF), data files have been converted to non-platform-specific formats, and variables have been recoded to ensure respondents' anonymity.
Produced by Taylor Nelson Sofres Intersearch, Horsham, PA, 2003.
description: Persons aged 18 and over living in households with telephones in the contiguous 48 United States.
description: Households were selected by random-digit dialing. Within households, the respondent selected was the adult living in the household who last had a birthday and who was home at the time of the interview.
DOI: 10.3886/icpsr03773
title: ABC News Post-State of the Union Address Poll, January 2003
title: Archival Version

description: This special topic poll, conducted January 28, 2003, was undertaken to assess public opinion on the presidency and on a range of other political and social issues following the State of the Union Address earlier that evening. Respondents were asked to give their opinions of President George W. Bush and his handling of the presidency, the economy, the situation with Iraq and Iraqi President Saddam Hussein, and the cost, availability, and coverage of health insurance. Those polled were asked whether they supported or opposed United States military action against Iraq to force Hussein from power, whether their support or opposition would change if the United Nations opposed such action, and whether they supported or opposed an invasion by United States ground troops with significant military casualties. Views were sought on whether Bush had presented enough evidence to justify the use of military force in Iraq, whether United Nations weapons inspectors should be given additional time to search for weapons of mass destruction, and whether Iraq provided direct support to the al Qaeda terrorist group. A series of questions focusing on the State of the Union Address covered whether respondents approved or disapproved of Bush's message, whether Bush made a good case for going to war with Iraq, and whether the speech made respondents more or less confident in Bush's ability to handle the economy, the situation with Iraq, and the cost, availability, and coverage of health insurance. Background information on respondents includes gender and political party.
description: Datasets: 
 
 DS1: Dataset
description: ABC News/Washington Post Poll Series
description: Additional information about sampling, interviewing, weighting, and sampling error may be found in the codebook.
The data are provided as an SPSS portable file.
This collection has not been processed by ICPSR staff. ICPSR is distributing the data and documentation for this collection in essentially the same form in which they were received. When appropriate, documentation has been converted to Portable Document Format (PDF), data files have been converted to non-platform-specific formats, and variables have been recoded to ensure respondents' anonymity.
Produced by Taylor Nelson Sofres Intersearch, Horsham, PA, 2003.
description: Persons aged 18 and over living in households with telephones in the contiguous 48 United States.
description: Households were selected by random-digit dialing. Within households, the respondent selected was the adult living in the household who last had a birthday and who was home at the time of the interview.
DOI: 10.3886/icpsr01315
title: Monetary Policy and Commodity Futures
title: Archival Version

description: This paper constructs daily measures of the real interest rate and expected inflation using commodity futures prices and the term structure of Treasury yields. We find that commodity futures markets respond to surprise increases in the federal funds rate target by raising the inflation rate expected over the next three to nine months. There is no evidence that the real interest rate responds to surprises in the federal funds target. The data from the commodity futures markets are highly volatile. We show that one can substantially reduce the noise using limited information estimators such as the median change. Nevertheless, the basket of commodities actually traded daily is quite narrow and we do not know whether our observable rates are closely connected to the unobservable inflation and real rates that affect economy-wide consumption and investment decisions.
description: Datasets: 
 
 DS1: Dataset
description: (1) Files submitted are 0505wgp.zip and 0505wgAppendix.pdf. The file 0505wgp.zip contains the program files. The file 0505wgAppendix contains tables. (2) These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.
DOI: 10.3886/icpsr01316
title: Using Implied Volatility to Measure Uncertainty About Interest Rates
title: Archival Version

description: Option prices can be used to infer the level of uncertainty about future asset prices. The first two parts of this article explain such measures (implied volatility) and how they can differ from the market's true expectation of uncertainty. The third then estimates the implied volatility of three month eurodollar interest rates from 1985 to 2001 and evaluates its ability to predict realized volatility. Implied volatility shows that uncertainty about short-term interest rates has been falling for almost 20 years, as the levels of interest rates and inflation have fallen. And changes in implied volatility are usually coincident with major news about the stock market, the real economy, and monetary policy.
description: Datasets: 
 
 DS1: Dataset
description: (1) The file submitted is the program file 0505cnp.txt. (2) These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.