cometadata/datacite-titles-descriptions-related-identifiers huggingface dataset:
DOI: 10.17632/5dt8j6mdbd.1
title: Data for: On the effects of group identity in strategic environments

description: Abstract of associated article: We examine differences in behavior between subjects interacting with a member of either the same or different identity group in both a centipede game and a series of stag hunt games. We find evidence that subjects interacting with outgroup members are more likely to behave as though best-responding to uniform randomization of the partner. We conclude that group identity not only affects player׳s social preferences, as identified in earlier research, but also affects the decision making process, independent of changes in the utility function.
DOI: 10.17632/9zrxsbp57c.1
title: Data for: Robust determinants of intergenerational mobility in the land of opportunity

description: Abstract of associated article: This paper revisits the influential work by Chetty et al. (2014) who attempt to explain the variation in intergenerational mobility across commuter zones in the US (i.e., spatial mobility) using nine classes of variables. We employ Bayesian model averaging methods that allow for model uncertainty to identify robust predictors of spatial mobility. In doing so we pay special attention to the specification of model and parameter priors. We also investigate the heterogeneous effects of these predictors on spatial mobility across commuter zones in different average income quintiles. Our findings suggest a more nuance and complex characterization of the spatial mobility process than that proposed by Chetty, Hendren, Kline, and Saez.
DOI: 10.17632/ddhc6684c8.1
title: Data for: Noisy fiscal policy

description: Abstract of associated article: This paper investigates the macroeconomic effects of fiscal policy in a setting in which private agents receive noisy signals about future shocks to government expenditures. We show how to empirically identify the relative weight of news and noise shocks to government spending and compute the level of noise for Canada, the UK and the US. We then investigate the quantitative implications of imperfect fiscal policy information using a medium-scale DSGE model. We find that when the government seeks to implement a persistent change in expected public spending, the existence of noise (as estimated using actual data) implies a sizable difference in fiscal multipliers compared to the perfect fiscal foresight case.
DOI: 10.17632/hbw9vydt79.1
title: Data for: Advocacy and political convergence under preference uncertainty

description: Abstract of associated article: We study the formation of advocacy groups and how they can impact policy outcomes by revealing information about voters׳ preferences to uninformed political candidates. We conduct a laboratory experiment based on a two-candidate spatial electoral competition setting where the policy preferences of voters are (initially) unknown and change over time. In the control treatment candidates learn about the preferred policy of the median voter through the voting outcome of elections. In the advocacy treatments, voters can organize themselves into advocacy groups in order to reveal their policy preferences. We find that voters often overcome the collective action problem of forming an advocacy group. In fact, we observe the formation of both informative advocacy groups, which convey new information, and uninformative advocacy groups, which do not. Overall, advocacy groups significantly speed up the convergence to the preferred policy of the median voter. However, advocacy does not lead to higher earnings as the gains from faster convergence are offset by the costs of group formation.
DOI: 10.17632/jc39pv2bdw.1
title: Data for: S-values and Bayesian weighted all-subsets regressions

description: Abstract of associated article: This paper compares and contrasts Bayesian variable-exclusion methods proposed by Eduardo Ley and coauthors with methods proposed by Raftery and Sala-i-Martin et al. and with the s-values proposed by myself. A distinction is drawn between estimation uncertainty which is the focus of Ley׳s research and model ambiguity which arises in Ley׳s work and is the focus of my own recent proposal. The discussion is organized around the prior covariance matrix, which needs to be diagonal to support all-subsets regressions. The basic question addressed here is: what aspects of the prior covariance matrix can be taken as known, what aspects can be estimated and what aspects require a sensitivity analysis because they are neither known nor estimable. When diagonality is in doubt, we are more-or-less forced into a model ambiguity sensitivity mode because the data are never rich enough credibly to estimate the full prior covariance matrix. When diagonality is assumed, the data evidence, though very limited, can help to estimate the diagonal elements, but this literature has not yet produced a compelling conventional treatment which will necessarily include both estimation uncertainty and model ambiguity as they relate both to the diagonal values and to the rest of the prior covariance matrix. But there has been a lot of progress.
DOI: 10.17632/jkfd3rpzjm.1
title: Data for: Promoting rule compliance in daily-life: Evidence from a randomized field experiment in the public libraries of Barcelona

description: Abstract of associated article: We study how to promote compliance with rules that carry low penalties and are pervasive in all sorts of organizations. We have access to data on the users of all public libraries in Barcelona. In this setting, we test the effect of sending email messages with different contents. We find that users return their items earlier if asked to do so in a simple email, showing that a general reminder of the users' duty is effective in promoting rule compliance. Furthermore, adding other contents to the general reminder does not increase compliance significantly.
DOI: 10.17632/kxn964nxww.1
title: Data for: On the sources of macroeconomic stability in the euro area

description: Abstract of associated article: In the mid-1990s the euro area experienced a change in macroeconomic volatility. Around the same time, at business cycle frequencies the correlation between inflation and money growth changed markedly, turning from positive to negative. Distinguishing the periods pre- and post-1994, we estimate a dynamic stochastic general equilibrium model with money for the euro area. The model accounts for the salient facts. We then perform several counterfactual exercises to assess the drivers of these phenomena. The moderation of real variables was essentially due to relatively smaller shocks to investment, wage markups and preferences. The apparent lack of evidence for the quantity theory of money in the short run and the changes in the volatility of nominal variables resulted primarily from a more anti-inflationary and gradual monetary policy.
DOI: 10.5517/ccdc.csd.cc1jz05p
title: CCDC 1429012: Experimental Crystal Structure Determination

description: Related Article: Balasubramaniam Arul Prakasam, Anssi Peuronen, Manu Lahtinen, Manickavachagam Muruganandham, Erkki Kolehmainen, Esa Haapaniemi, Mika Sillanpää|2017|Polyhedron|123|453|doi:10.1016/j.poly.2016.11.027
description: An entry from the Cambridge Structural Database, the world’s repository for small molecule crystal structures. The entry contains experimental data from a crystal diffraction study. The deposited dataset for this entry is freely available from the CCDC and typically includes 3D coordinates, cell parameters, space group, experimental conditions and quality measures.
DOI: 10.17632/6cmm3rhghd.1
title: Data for: Do global banks facilitate foreign direct investment?

description: Abstract of associated article: The wave of globalization in finance during the last decades led to the rise of global banks. Are these merely costly liabilities to the countries that supervise them, or is their global reach also beneficial for the real economy and for FDI in particular? Recent literature has focused on the risks, emphasizing transmission of shocks from one country to many countries. On the positive side, this paper hypothesizes that global banks have made investing abroad easier and more successful for their home-market customers. Using a new detailed data set of outward FDI, this paper finds that banks׳ direct investment abroad is positively associated with the volume of non-financial FDI from the same home market. The result is robust to various robustness exercises which show that the main results are not likely to be driven by reverse causality. The effect is stronger in countries where investing is more hazardous, those with worse corruption and weaker rule of law. Conversely, this paper does not find evidence that host-market domestic or third-country foreign banks facilitate FDI.
DOI: 10.17632/76gz2m2tzk.1
title: Data for: Investment-specific technological changes: The source of long-run TFP fluctuations

description: Abstract of associated article: Technological innovations originating in the capital–producing sector may spillover to the rest of the economy and enhance aggregate TFP in the long-run. This paper assesses the quantitative importance of investment-specific technological changes in long-run movements in aggregate TFP. To this end, we construct a two-sector business cycle model where an IST diffusion process influences long-run movements in aggregate TFP via spillover. We then establish the linkage between the primitive shocks of the model and two shocks that can be identified from a VAR approach: one shock accounting for the long-run movement in aggregate TFP and the other accounting for the long-run movement in the inverse of the relative price of investment. We show analytically that the correlation of these two long-run shocks can be fruitful in distinguishing the quantitative importance of IST innovations in long-run movements in aggregate TFP. Using post-war U.S. data, we find that these two long-run shocks identified by the MFEV approach are almost perfectly collinear. Moreover, these two shocks can explain a significant, and surprisingly similar, fraction of the business-cycle fluctuations in other important macro variables. Our findings suggest that embodied technological changes are an important driver of long-run movements in aggregate TFP.
DOI: 10.17632/c3y8xskp76.1
title: Data for: Forecasting unemployment across countries: The ins and outs

description: Abstract of associated article: This paper evaluates the flow approach to unemployment forecasting proposed by Barnichon and Nekarda (2012) for a set of OECD countries characterized by very different labor markets. We find that the flow approach yields substantial improvements in forecast accuracy over professional forecasts for all countries, with especially large improvements at longer horizons (one-year ahead forecasts) for European countries. Moreover, the flow approach has the highest predictive ability during recessions and turning points, when unemployment forecasts are most valuable.
DOI: 10.17632/cnvbzpsyf7.1
title: Data for: Optimal monetary policy when agents are learning

description: Abstract of associated article: We derive optimal monetary policy in a sticky price model when private agents follow adaptive learning. We show that this slight departure from rationality has important implications for policy design. The central bank faces a new intertemporal trade-off, not present under rational expectations: it is optimal to forego stabilizing the economy in the present in order to facilitate private sector learning and thus ease the future intratemporal inflation-output gap trade-offs. The policy recommendation is robust: the welfare loss entailed by optimal policy under learning if the private sector actually has rational expectations is much smaller than if the central bank mistakenly assumes rational expectations when in fact agents are learning.
DOI: 10.17632/cwnsxkskmk.1
title: Data for: The impact of management incentives in intergroup contests

description: Abstract of associated article: In intergroup contests a manager advises and motivates her group’s members. Her rewards often depend on the subsequent contest expenditure of the members. I test whether such incentives undermine the credibility and effectiveness of a manager’s efforts. In the different experimental treatments the managers either benefit from very high or low expenditure or get a predetermined payment. The results show that different management incentives shape the expenditure of the group members even if managers have an advisory role only. However, group members follow recommendations more closely if management compensation is not linked to contest expenditures.
DOI: 10.17632/g3fdd8rng2.1
title: Data for: Dynamic model averaging in large model spaces using dynamic Occam׳s window

description: Abstract of associated article: Bayesian model averaging has become a widely used approach to accounting for uncertainty about the structural form of the model generating the data. When data arrive sequentially and the generating model can change over time, Dynamic Model Averaging (DMA) extends model averaging to deal with this situation. Often in macroeconomics, however, many candidate explanatory variables are available and the number of possible models becomes too large for DMA to be applied in its original form. We propose a new method for this situation which allows us to perform DMA without considering the whole model space, but using a subset of models and dynamically optimizing the choice of models at each point in time. This yields a dynamic form of Occam׳s window. We evaluate the method in the context of the problem of nowcasting GDP in the Euro area. We find that its forecasting performance compares well with that of other methods.
DOI: 10.17632/j2prhvppxy.1
title: Data for: Coordination with third-party externalities

description: Abstract of associated article: When agents face coordination problems their choices often impose externalities on third parties. If an agent cares about them or believes others do, they can affect equilibrium selection. We present evidence from lab experiments showing that changes in the size and the sign of third-party externalities have a significant impact on tacit coordination. Decision makers are more willing to incur a cost to try to avoid imposing a large negative externality on a third party, than they are to avoid a small negative externality or to generate a large positive externality. However, when decision-makers' incentives are at odds with the interests of third parties, many of them appear to ignore third-party externalities even if they are large in magnitude, and ignoring them implies substantial earning inequalities and reductions in group earnings. Individuals revealed to be other-regarding in a non-strategic allocation task often behave as-if selfish when trying to coordinate. We discuss explanations for our findings.
DOI: 10.17632/v6b8zvcdrt.1
title: Data for: A multivariate analysis of forecast disagreement: Confronting models of disagreement with survey data

description: Abstract of associated article: This paper documents multivariate forecast disagreement among professional forecasters and discusses implications for models of heterogeneous expectation formation. Disagreement varies over time and is positively correlated with general (economic) uncertainty. The degree to which individual forecasters disagree with the average forecast tends to persist over time. Models of heterogeneous expectation formation can be modified by introducing heterogeneous signal-to-noise ratios to match this feature. Furthermore, disagreement about correlations of different macroeconomic variables is high on average. In general, multivariate forecast data can be used more effectively than it has been to estimate models with heterogeneous expectations and to test the mechanisms used to generate disagreement in these models.
DOI: 10.17632/8cxz4xzzdw.1
title: Data for: Average-cost pricing: Some evidence and implications

description: Abstract of associated article: We present new survey evidence on pricing behavior for more than 14,000 European firms, and study its macroeconomic implications. Among firms that are price setters, roughly 75% respond that their prices are set as a markup on total costs, a business practice termed “full cost pricing”. Only 25% set prices as markups over variable or marginal costs. Moreover, using industry data for the U.S., we find that the correlation between changes in output prices and changes in variable input prices is significantly lower when fixed costs are likely to be more important.Since our results are similar to the findings in the classic and controversial paper of Hall and Hitch (1939) and subsequent survey evidence, we believe it worth studying the implications of full cost pricing for macroeconomics. We first propose a problem for the firm where full cost pricing can arise as optimizing behavior. We embed this problem, featuring an occasionally binding constraint, into a simple general equilibrium model. We show that when the model is hit by a shock that makes the constraint binding, the response of endogenous variables is amplified significantly more than it would be under the unconstrained regime.
DOI: 10.17632/nvf3rs24ty.1
title: Data for: Ricardian productivity differences and the gains from trade

description: Abstract of associated article: This paper evaluates the role of sectoral heterogeneity in determining the gains from trade. We first show analytically that in the presence of sectoral Ricardian comparative advantage, a one-sector sufficient statistic formula that uses total trade volumes as a share of total absorption systematically understates the true gains from trade. Greater relative sectoral productivity differences lead to larger disparities between the gains implied by the one-sector formula and the true gains. Using data on overall and sectoral trade shares in a sample of 79 countries and 19 sectors we show that the multi-sector formula implies on average 30% higher gains from trade than the one-sector formula, and as much as 100% higher gains for some countries. We then set up and estimate a quantitative Ricardian–Heckscher–Ohlin model in which no version of the formula applies exactly, and compare a range of sufficient statistic formulas to the true gains in this model. Confirming the earlier results, formulas that do not take into account the sectoral heterogeneity understate the true gains from trade in the model by as much as two-thirds. The one-sector formulas understate the gains by more in countries with greater dispersion in sectoral productivities.
DOI: 10.17632/tbdk7y78yv.1
title: Data for: The heterogeneous Great Moderation

description: Abstract of associated article: In this paper I show that a more accurate analysis of the Great Moderation leads to interesting and novel findings about macroeconomic volatility dynamics in the last decades. The main empirical result of the paper is that the Great Moderation has diversely affected macroeconomic volatility at different horizons (short-run, business-cycle, and medium-run). I refer to this phenomenon as the “heterogeneous Great Moderation” across frequencies. I formally test these findings by defining a frequency domain structural break test that detects the presence of a break in the variance of real macroeconomic variables at different frequencies. I derive its asymptotic and small sample properties, and I apply it to U.S. macroeconomic variables to provide statistical evidence that the Great Moderation is mainly confined to short-run fluctuations. I finally use a DSGE model to investigate which elements of the model can generate the heterogeneous Great Moderation. I find that, whereas just a decline of the magnitude of the shocks and a change in the monetary policy cannot replicate the stylized facts, accounting for the increased persistence of the exogenous disturbances is the key feature for generating the heterogeneous Great Moderation.
DOI: 10.17632/tdkhm8kpzg.1
title: Data for: Endogenous group formation in experimental contests

description: Abstract of associated article: We experimentally study endogenous alliance formation and contest effort choices in a generic three-player contest. Differences in intrinsic or extrinsic incentives to expend effort cause self-selection. Weakly motivated players have an incentive to enter into an alliance and to free-ride on strongly motivated players; hence, strong players prefer to stand alone. Self-selection has direct consequences for effort in endogenously formed alliances. But we also find evidence of an effort stimulating effect if players endogenously form an alliance, which is in line with theories of in-group favoritism. The experimental evidence on self-selection is in conformity with a theory analysis of the game.
DOI: 10.17632/vjh5b9g79r.1
title: Data for: Variation in risk seeking behaviour following large losses: A natural experiment

description: Abstract of associated article: This study explores people׳s risk taking behaviour after having suffered large real-world losses following a natural disaster. Using the margins of the 2011 Australian floods (Brisbane) as a natural experimental setting, we find that homeowners who were victims of the floods and face large losses in property values are 50% more likely to opt for a risky gamble – a scratch card giving a small chance of a large gain ($500,000) – than for a sure amount of comparable value ($10). This finding is consistent with prospect theory predictions regarding the adoption of a risk-seeking attitude after a loss.
DOI: 10.17632/yk7py7nncz.1
title: Data for: How do US credit supply shocks propagate internationally? A GVAR approach

description: Abstract of associated article: We study how US credit supply shocks are transmitted to other economies. We use the recently developed GVAR approach to model financial variables jointly with macroeconomic variables in 33 countries for the period 1983–2009. We experiment with inter-country links based on bilateral trade, portfolio investment, foreign direct investment and banking exposures. Capturing both bilateral trade and financial exposures in a GVAR fits the data better than using trade weights only. We use sign restrictions on the short-run impulse responses in the US model to identify the credit supply shocks. We find that negative credit supply shocks have strong negative effects on US and foreign GDP. Credit and equity markets in several countries respond clearly to the shocks. Exchange rate responses are consistent with a “flight to quality” to the US dollar. The credit supply shocks explain about a fifth of one-year-ahead output forecast error variance in the US and about a tenth in the euro area and the UK, but considerably less elsewhere.
DOI: 10.14457/sdu.res.2015.32
title: การศึกประสิทธิภาพการออกฤทธิ์ไล่ยุงของผลิตภัณฑ์ไล่ยุงมาตราฐานต่อยุงลาย Ae. aegypti สายพันธุ์ที่ดื้อและสายพันธุ์ที่ไวต่อสารเคมีกลุ่มไพรีทรอยด์
DOI: 10.17632/23dr3nyjb2.1
title: Data for: Bailouts and bank runs: Theory and evidence from TARP

description: Abstract of associated article: During the recent financial crisis, there were bank runs right after government bailout announcements. This paper develops a global game model of information based bank runs to analyze how the announcement of bailouts affects investors’ bank run incentives. The equilibrium probability of bank runs is uniquely determined. I conclude that before the announcement, the existence of such bailout policy reduces investors’ bank run incentives, but after the announcement, investors may run on the bank, since such an announcement reflects the government's information about the bad bank asset. The empirical evidence from TARP is consistent with my theory.