cometadata/datacite-titles-descriptions-related-identifiers huggingface dataset:
DOI: 10.3886/e112388
title: Replication data for: Do We Follow Others When We Should? A Simple Test of Rational Expectations

description: The paper presents a meta dataset covering 13 experiments on social learning games. It is found that in situations where it is empirically optimal to follow others and contradict one's own information, the players err in the majority of cases, forgoing substantial parts of earnings. The average player contradicts her own signal only if the empirical odds ratio of the own signal being wrong, conditional on all available information, is larger than 2:1, rather than 1:1 as would be implied by rational expectations. A regression analysis formulates a straightforward test of rational expectations which strongly rejects the null. (JEL D82, D83, D84)
DOI: 10.3886/e112388v1
title: Replication data for: Do We Follow Others When We Should? A Simple Test of Rational Expectations

description: The paper presents a meta dataset covering 13 experiments on social learning games. It is found that in situations where it is empirically optimal to follow others and contradict one's own information, the players err in the majority of cases, forgoing substantial parts of earnings. The average player contradicts her own signal only if the empirical odds ratio of the own signal being wrong, conditional on all available information, is larger than 2:1, rather than 1:1 as would be implied by rational expectations. A regression analysis formulates a straightforward test of rational expectations which strongly rejects the null. (JEL D82, D83, D84)
DOI: 10.3886/e112389v1
title: Replication data for: Can Higher Prices Stimulate Product Use? Evidence from a Field Experiment in Zambia

description: The controversy over how much to charge for health products in the developing world rests, in part, on whether higher prices can increase use, either by targeting distribution to high-use households (a screening effect), or by stimulating use psychologically through a sunk-cost effect. We develop a methodology for separating these two effects. We implement the methodology in a field experiment in Zambia using door-to-door marketing of a home water purification solution. We find evidence of economically important screening effects. By contrast, we find no consistent evidence of sunk-cost effects. (JEL C93, D12, I11, M31, O12)
DOI: 10.3886/e112390
title: Replication data for: Inheritance Law and Investment in Family Firms

description: Entrepreneurs may be legally bound to bequeath a minimal stake to noncontrolling heirs. The size of this stake can reduce investment in family firms, by reducing the future income they can pledge to external financiers. Using a purpose-built indicator of the permissiveness of inheritance law and data for 10,004 firms from 38 countries in 1990-2006, we find that stricter inheritance law is associated with lower investment in family firms but does not affect investment in nonfamily firms. Moreover, as the model predicts, inheritance law affects investment only in family firms that experience a succession. (JEL G31, G32, K22, L26, O17).
DOI: 10.3886/e112390v1
title: Replication data for: Inheritance Law and Investment in Family Firms

description: Entrepreneurs may be legally bound to bequeath a minimal stake to noncontrolling heirs. The size of this stake can reduce investment in family firms, by reducing the future income they can pledge to external financiers. Using a purpose-built indicator of the permissiveness of inheritance law and data for 10,004 firms from 38 countries in 1990-2006, we find that stricter inheritance law is associated with lower investment in family firms but does not affect investment in nonfamily firms. Moreover, as the model predicts, inheritance law affects investment only in family firms that experience a succession. (JEL G31, G32, K22, L26, O17).
DOI: 10.3886/e112391
title: Replication data for: Organizational Structure, Communication, and Group Ethics

description: This paper investigates experimentally how a group's structure affects its ethical behavior towards a passive outsider. We analyze one vertical and two horizontal structures (one requiring consensus, one implementing a compromise by averaging proposals). We also control for internal communication. The data support our main predictions: (1) horizontal, averaging structures are more ethical than vertical structures (where subordinates do not feel responsible) and than consensual structures (where responsibility is dynamically diffused); (2) communication makes vertical structures more ethical (subordinates with voice feel responsible); (3) with communication, vertical structures are more ethical than consensual structures (where in-group bias hurts the outsider). (JEL C92, D23, L21, M14)
DOI: 10.3886/e112391v1
title: Replication data for: Organizational Structure, Communication, and Group Ethics

description: This paper investigates experimentally how a group's structure affects its ethical behavior towards a passive outsider. We analyze one vertical and two horizontal structures (one requiring consensus, one implementing a compromise by averaging proposals). We also control for internal communication. The data support our main predictions: (1) horizontal, averaging structures are more ethical than vertical structures (where subordinates do not feel responsible) and than consensual structures (where responsibility is dynamically diffused); (2) communication makes vertical structures more ethical (subordinates with voice feel responsible); (3) with communication, vertical structures are more ethical than consensual structures (where in-group bias hurts the outsider). (JEL C92, D23, L21, M14)
DOI: 10.7910/dvn/iyesci/8xczeg
title: step201 - Figure 1 - kernel densities by wave.do

description: :unav
DOI: 10.7910/dvn/iyesci/cvwwdf
title: load_rreg2.do

description: :unav
DOI: 10.7910/dvn/iyesci/qfwfyq
title: step001 QJE - process data Credit.do

description: :unav
DOI: 10.7910/dvn/iyesci/vn90cz
title: step001 QJE - process data.do

description: :unav
DOI: 10.7910/dvn/iyesci/xnc10p
title: step202 - Figure 2 - kernel densities by horizon.do

description: :unav
DOI: 10.7910/dvn/iyesci/ydn2hx
title: step203 - Figure 3 - time seriesfor average expectations.do

description: :unav
DOI: 10.7910/dvn/iyesci/zzam30
title: readme.docx

description: :unav
DOI: 10.3886/e112392
title: Replication data for: Doing Well by Doing Good? Green Office Buildings

description: This paper provides the first credible evidence on the economic value of "green buildings" derived from impersonal market transactions rather than engineering estimates. We analyze clusters of certified green and nearby buildings, establishing that "rated" buildings command substantially higher rents and selling prices than otherwise identical buildings. Variations in premiums are systematically related to energy-saving characteristics. Increased energy efficiency is associated with increased selling prices -- beyond the premiums paid for a labeled building. Evidence suggests that the intangible effects of the label itself may also play a role in determining the values of green buildings in the marketplace. (JEL G31, M14, Q52, R33)
DOI: 10.3886/e112392v1
title: Replication data for: Doing Well by Doing Good? Green Office Buildings

description: This paper provides the first credible evidence on the economic value of "green buildings" derived from impersonal market transactions rather than engineering estimates. We analyze clusters of certified green and nearby buildings, establishing that "rated" buildings command substantially higher rents and selling prices than otherwise identical buildings. Variations in premiums are systematically related to energy-saving characteristics. Increased energy efficiency is associated with increased selling prices -- beyond the premiums paid for a labeled building. Evidence suggests that the intangible effects of the label itself may also play a role in determining the values of green buildings in the marketplace. (JEL G31, M14, Q52, R33)
DOI: 10.3886/e112393v1
title: Replication data for: Real Business Cycles in Emerging Countries?

description: We use more than a century of Argentine and Mexican data to estimate the structural parameters of a small-open-economy real-business-cycle model driven by nonstationary productivity shocks. We find that the RBC model does a poor job of explaining business cycles in emerging countries. We then estimate an augmented model that incorporates shocks to the country premium and financial frictions. We find that the estimated financial-friction model provides a remarkably good account of business cycles in emerging markets and, importantly, assigns a negligible role to nonstationary productivity shocks. (JEL E13, E32, E44, F43, O11, O16)
DOI: 10.3886/e112394
title: Replication data for: Two Illustrations of the Quantity Theory of Money: Breakdowns and Revivals

description: By extending his data, we document the instability of low-frequency regression coefficients that Lucas (1980) used to express the quantity theory of money. We impute the differences in these regression coefficients to differences in monetary policies across periods. A DSGE model estimated over a subsample like Lucas's implies values of the regression coefficients that confirm Lucas's results for his sample period. But perturbing monetary policy rule parameters away from the values estimated over Lucas's subsample alters the regression coefficients in ways that reproduce their instability over our longer sample. (JEL C51, E23, E31, E43, E51, E52)
DOI: 10.3886/e112394v1
title: Replication data for: Two Illustrations of the Quantity Theory of Money: Breakdowns and Revivals

description: By extending his data, we document the instability of low-frequency regression coefficients that Lucas (1980) used to express the quantity theory of money. We impute the differences in these regression coefficients to differences in monetary policies across periods. A DSGE model estimated over a subsample like Lucas's implies values of the regression coefficients that confirm Lucas's results for his sample period. But perturbing monetary policy rule parameters away from the values estimated over Lucas's subsample alters the regression coefficients in ways that reproduce their instability over our longer sample. (JEL C51, E23, E31, E43, E51, E52)
DOI: 10.3886/e112395
title: Replication data for: Growing Like China

description: We construct a growth model consistent with China's economic transition: high output growth, sustained returns on capital, reallocation within the manufacturing sector, and a large trade surplus. Entrepreneurial firms use more productive technologies, but due to financial imperfections they must finance investments through internal savings. State-owned firms have low productivity but survive because of better access to credit markets. High-productivity firms outgrow low-productivity firms if entrepreneurs have sufficiently high savings. The downsizing of financially integrated firms forces domestic savings to be invested abroad, generating a foreign surplus. A calibrated version of the theory accounts quantitatively for China's economic transition. (JEL E21, E22, E23, F43, L60, O16, O53, P23, P24, P31)
DOI: 10.3886/e112395v1
title: Replication data for: Growing Like China

description: We construct a growth model consistent with China's economic transition: high output growth, sustained returns on capital, reallocation within the manufacturing sector, and a large trade surplus. Entrepreneurial firms use more productive technologies, but due to financial imperfections they must finance investments through internal savings. State-owned firms have low productivity but survive because of better access to credit markets. High-productivity firms outgrow low-productivity firms if entrepreneurs have sufficiently high savings. The downsizing of financially integrated firms forces domestic savings to be invested abroad, generating a foreign surplus. A calibrated version of the theory accounts quantitatively for China's economic transition. (JEL E21, E22, E23, F43, L60, O16, O53, P23, P24, P31)
DOI: 10.6092/unibo/amsacta/6243
title: OLEUM Project. Portable system for the determination of free acidity in virgin olive oil. Data from in-house validation

description: This data set contains the underlying data of the scientific publication: Grossi M., Palagano R., Bendini A., Riccò B., Servili M., García-González D. L., Gallina Toschi T. (2019). Design and in-house validation of a portable system for the determination of free acidity in virgin olive oil. Food Control, 104:208-216, https://doi.org/10.1016/j.foodcont.2019.04.019. The quality of virgin olive oil - in terms of belonging to a specific quality grade (extra virgin, virgin, lampante) - is defined by a set of chemical-physical and sensory measurements. The free acidity is the first parameter that has to be determined through a procedure based on an acid-base titration that needs to be carried out in a chemical laboratory. This data set contains the in-house validation results of a portable battery-operated electronic system for the determination of free acidity in virgin olive oil that can be used for quick “in situ” tests in a production environment (olive oil mills or packaging centers) by people without particular training.
DOI: 10.7910/dvn/iyesci/4wfwjd
title: step301 - Table 1 - first stage.do

description: :unav
DOI: 10.7910/dvn/iyesci/bvtgt0
title: step304 - Table 4 - treatment effects - annual frequency.do

description: :unav
DOI: 10.7910/dvn/iyesci/ctxmsy
title: step303 - Table 3 - treatment effects - credit utilization.do

description: :unav
DOI: 10.7910/dvn/iyesci/e8kqan
title: step205 - Figure 4 - basic figures net percentages.do

description: :unav
DOI: 10.7910/dvn/iyesci/gsu5i0
title: step305 - Table 5 - treatment effects - heterogeneity - credit utilization.do

description: :unav
DOI: 10.7910/dvn/iyesci/r57did
title: step303 - Table 3 - treatment effects.do

description: :unav
DOI: 10.7910/dvn/iyesci/vcyast
title: step305 - Table 5 - treatment effects - heterogeneity.do

description: :unav
DOI: 10.7910/dvn/iyesci/yf5t2j
title: step303 - Table 3 - treatment effects - prima info.do

description: :unav
DOI: 10.7910/dvn/iyesci/yxrddy
title: step303 - Table 2 - first stage - dynamic effects.do

description: :unav
DOI: 10.3886/e112393
title: Replication data for: Real Business Cycles in Emerging Countries?

description: We use more than a century of Argentine and Mexican data to estimate the structural parameters of a small-open-economy real-business-cycle model driven by nonstationary productivity shocks. We find that the RBC model does a poor job of explaining business cycles in emerging countries. We then estimate an augmented model that incorporates shocks to the country premium and financial frictions. We find that the estimated financial-friction model provides a remarkably good account of business cycles in emerging markets and, importantly, assigns a negligible role to nonstationary productivity shocks. (JEL E13, E32, E44, F43, O11, O16)
DOI: 10.3886/e112396
title: Replication data for: Reference Prices, Costs, and Nominal Rigidities

description: We assess the importance of nominal rigidities using a new weekly scanner dataset. We find that nominal rigidities take the form of inertia in reference prices and costs, defined as the most common prices and costs within a given quarter. Reference prices are particularly inertial and have an average duration of roughly one year, even though weekly prices change roughly once every two weeks. We document the relation between prices and costs and find sharp evidence of state dependence in prices. We use a simple model to argue that reference prices and costs are useful statistics for macroeconomic analysis. (JEL L11, L25, L81)
DOI: 10.3886/e112396v1
title: Replication data for: Reference Prices, Costs, and Nominal Rigidities

description: We assess the importance of nominal rigidities using a new weekly scanner dataset. We find that nominal rigidities take the form of inertia in reference prices and costs, defined as the most common prices and costs within a given quarter. Reference prices are particularly inertial and have an average duration of roughly one year, even though weekly prices change roughly once every two weeks. We document the relation between prices and costs and find sharp evidence of state dependence in prices. We use a simple model to argue that reference prices and costs are useful statistics for macroeconomic analysis. (JEL L11, L25, L81)
DOI: 10.3886/e112397v1
title: Replication data for: Bundle-Size Pricing as an Approximation to Mixed Bundling

description: Multiproduct firms can set separate prices for all possible bundled combinations of its products "mixed bundling"). However, this is impractical for firms with more than a few products, because the number of prices increases exponentially with the number of products. We find that simple pricing strategies are often nearly optimal. Specifically, we show that bundle-size pricing—setting prices that depend only on the size of bundle purchased—tends to be more profitable than offering the individual products priced separately and tends to closely approximate the profits from mixed bundling. (JEL D24, D42, L11, L13, L25)
DOI: 10.3886/e112398v1
title: Replication data for: Trade Liberalization, Exports, and Technology Upgrading: Evidence on the Impact of MERCOSUR on Argentinian Firms

description: This paper studies the impact of a regional free trade agreement, MERCOSUR, on technology upgrading by Argentinean firms. To guide empirical work, I introduce technology choice in a model of trade with heterogeneous firms. The joint treatment of the technology and exporting choices shows that the increase in revenues produced by trade integration can induce exporters to upgrade technology. An empirical test of the model reveals that firms in industries facing higher reductions in Brazil's tariffs increase investment in technology faster. The effect of tariffs is highest in the upper-middle range of the firm-size distribution, as predicted by the model. (JEL F13, F15, O19, O24, O33)
DOI: 10.5066/p95zhi24
title: Digital subsurface data from USGS Evolution of Sedimentary Basin studies of the San Juan basin and adjacent areas, Utah, Colorado, Arizona, and New Mexico

description: The San Juan basin is a significant physical and structural element in the southeastern part of the Colorado Plateau physiographic province. The San Juan basin is in New Mexico, Colorado, Arizona, and Utah and has an area of about 21,600 square miles. The basin is about 140 miles wide and about 200 miles long. In the 1980's and 1990's, the U.S. Geological Survey's Evolution of Sedimentary Basins-San Juan basin study produced several reports on aspects of the stratigraphy and sedimentology of the basin. A report of the stratigraphy, structure, and paleogeography of Pennsylvanian and Permian rocks included 18 plates of contoured elevation and thickness data for various units (Huffman and Condon, 1993). This digital dataset contains spatial datasets corresponding to selected contour maps from the Evolution of Sedimentary Basins-San Juan basin study. The data help define the elevation, thickness, and extent of principal stratigraphic units of the basin. The digital data describe the following stratigraphic units: the Molas Formation, the Rico Formation, the elevation of the top of Permian strata, and the estimated thickness of Permian and Pennsylvanian rocks. Digital data for each unit are contained in individual features classes within a geodatabase (also saved as individual shapefiles). Feature classes have a single attribute, either elevation or thickness, that represents the contoured value. Contoured values are given in feet, to maintain consistency with the original publication, and in meters. Huffman Jr., A.C., and Condon, S.M., 1993, Stratigraphy, structure, and paleogeography of Pennsylvanian and Permian rocks, San Juan Basin and adjacent areas, Utah, Colorado, Arizona, and New Mexico: Bulletin 1808O, https://doi.org/10.3133/b1808O.
DOI: 10.7910/dvn/iyesci/0kglsm
title: step309 - Table 9 - treatment effects - other expectation variables - ELB.do

description: :unav
DOI: 10.7910/dvn/iyesci/1ut3na
title: step308 - Table 8 - treatment effects - ELB - prima info.do

description: :unav
DOI: 10.7910/dvn/iyesci/biwz4o
title: step308 - Table 8 - treatment effects - ELB.do

description: :unav
DOI: 10.7910/dvn/iyesci/bp9d73
title: step307 - Table 7 - treatment effects - profit.do

description: :unav
DOI: 10.7910/dvn/iyesci/hgmauz
title: step403 - Appendix Table 4 - first stage - heterogeneity.do

description: :unav
DOI: 10.7910/dvn/iyesci/hyzg4s
title: step401 - Appendix Table 1 - basic descriptive statistics.do

description: :unav
DOI: 10.7910/dvn/iyesci/opd9iq
title: step306 - Table 6 - treatment effects - other expectation variables.do

description: :unav
DOI: 10.7910/dvn/iyesci/repbdw
title: step402 - Appendix Table 2 - test randomness of selection into treatment.do

description: :unav
DOI: 10.7910/dvn/iyesci/s9zk3q
title: step308 - Table 8 - treatment effects - ELB - credit utilization.do

description: :unav
DOI: 10.3886/e112397
title: Replication data for: Bundle-Size Pricing as an Approximation to Mixed Bundling

description: Multiproduct firms can set separate prices for all possible bundled combinations of its products "mixed bundling"). However, this is impractical for firms with more than a few products, because the number of prices increases exponentially with the number of products. We find that simple pricing strategies are often nearly optimal. Specifically, we show that bundle-size pricing—setting prices that depend only on the size of bundle purchased—tends to be more profitable than offering the individual products priced separately and tends to closely approximate the profits from mixed bundling. (JEL D24, D42, L11, L13, L25)
DOI: 10.3886/e112398
title: Replication data for: Trade Liberalization, Exports, and Technology Upgrading: Evidence on the Impact of MERCOSUR on Argentinian Firms

description: This paper studies the impact of a regional free trade agreement, MERCOSUR, on technology upgrading by Argentinean firms. To guide empirical work, I introduce technology choice in a model of trade with heterogeneous firms. The joint treatment of the technology and exporting choices shows that the increase in revenues produced by trade integration can induce exporters to upgrade technology. An empirical test of the model reveals that firms in industries facing higher reductions in Brazil's tariffs increase investment in technology faster. The effect of tariffs is highest in the upper-middle range of the firm-size distribution, as predicted by the model. (JEL F13, F15, O19, O24, O33)
DOI: 10.3886/e112399
title: Replication data for: Monetary Policy, Trend Inflation, and the Great Moderation: An Alternative Interpretation

description: With positive trend inflation, the Taylor principle does not guarantee a determinate equilibrium. We provide new theoretical results on determinacy in New Keynesian models with positive trend inflation and new empirical findings on the Federal Reserve's reaction function before and after the Volcker disinflation to find that, (i) while the Fed likely satisfied the Taylor principle before Volcker, the US economy was still subject to self-fulfilling fluctuations in the 1970s, (ii) the US economy switched to determinacy during the Volcker disinflation, and (iii) the switch reflected changes in the Fed's response to macroeconomic variables and the decline in trend inflation. (JEL E12, E23, E31, E32, E52)