Methods

We compare two approaches to using information about the signs of structural shocks at specific dates within a structural vector autoregression (SVAR): imposing ‘narrative restrictions’ (NR) on the shock signs in an otherwise set-identified SVAR; and casting the information about the shock signs as a discrete-valued ‘narrative proxy’ (NP) to point-identify the impulse responses.

Economists are obsessed with rankings of institutions, journals, or scholars according to the value of some feature of interest.

We provide novel bounds on average treatment effects (on the treated) that are valid under an unconfoundedness assumption.

We consider a situation where the distribution of a random variable is being estimated by the empirical distribution of noisy measurements of that variable.

It is common to rank different categories by means of preferences that are revealed through data on choices.

We study inference in complete information games with discrete strategy spaces.