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Understanding the Fisher equation (replication data)
It is argued that univariate long memory estimates based on ex post data tend to underestimate the persistence of ex ante variables (and, hence, that of the ex post variables... -
Learning about heterogeneity in returns to schooling (replication data)
Using data from the National Longitudinal Survey of Youth (NLSY) we introduce and estimate various Bayesian hierarchical models that investigate the nature of unobserved...
