Archives for CORE

One Method to Rule Them All: Variance for Data, Parameters and Many New Methods Filip Hanzely, King Abdullah University of Science and Technology Abstract: We propose a remarkably general variance-reduced method suitable for solving regularized empirical risk minimization problems with...

Do We really Know that Monetary Policy was Destabilizing in the 1970s? Mark Weder, Aarhus University Abstract: The paper re-examines whether the Federal Reserve's monetary policy was a source of instability during the Great Inflation by estimating a sticky-price model with positive trend...

Migration Between Platforms Jacques Crémer, Toulouse School of Economics Abstract: We study incumbency advantage in platform industries, where the utility of participating in a platform is increasing in the mass of users participating in that platform. Individuals receive stochastic...

Inference for monotone single-index conditional means: a Lorenz regression approach Alexander Jacquemain, UCLouvain ISBA Abstract: The tools available to assess how the observed economic inequality is affected by different explanatory variables are quite limited. They are mainly...