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Working Paper
Gender and the Internet
This article examines whether there are differences in men?s and women?s use of the Internet and whether any such gender gaps have changed in recent years. The authors use data from several surveys during the period 1997 to 2001 to show trends in Internet usage and to estimate regression models of Internet usage that control for individuals? socioeconomic characteristics. They find that women were significantly less likely than men to use the Internet at all in the mid-1990s, but the gender gap in usage disappeared by 2000. However, women continue to be less frequent and less intense users of ...
Journal Article
Fed computer systems and the year 2000
Journal Article
Computer use and productivity growth
Working Paper
Estimating demand elasticities in a differentiated product industry: the personal computer market
Supply and demand functions are typically estimated using uniform prices and quantities across products, but where products are heterogeneous, it is important to consider quality differences explicitly. This paper demonstrates a new approach to doing this by employing hedonic coefficients to estimate price elasticities for differentiated products in the market for personal computers. Differences among products are modeled as distances in a linear quality space derived from a multi-dimensional attribute space. Heterogeneous quality allows for the estimation of varying demand elasticities among ...
Working Paper
A guide to the use of chain aggregated NIPA data
In 1996, the U.S. Department of Commerce began using a new method to construct all aggregate ``real'' series in the National Income and Product Accounts (NIPA). This method employs the so-called ``ideal chain index'' pioneered by Irving Fisher. The new methodology has some extremely important implications that are unfamiliar to many practicing empirical economists; as a result, mistaken calculations with NIPA data have become very common. This paper explains the motivation for the switch to chain aggregation and then illustrates the usage of chain-aggregated data with three topical examples, ...
Journal Article
The state of modern economics : Econoblogs
Economists think out loud online
Journal Article
Policy statement issued on year 2000 issues
Journal Article
Technological change
This Economic Letter summarizes the papers presented at the conference "Technological Change," held at the Federal Reserve Bank of San Francisco on November 14-15, 2002, under the joint sponsorship of the Bank and the Stanford Institute for Economic Policy Research. The papers are listed at the end and are available online http://www.frbsf.org/economics/conferences/0211/index.html
Working Paper
The role of semiconductor inputs in IT hardware price decline: computers vs. communications
Sharp declines in semiconductor prices are largely responsible for observed declines in computer prices. Although communications equipment also has a large semiconductor content, communications equipment prices do not fall nearly as fast as computer prices. This paper partly resolves the puzzle-first noted by Flamm(1989)-by demonstrating that prices for chips used in communications equipment do not fall nearly as fast as prices for those chips used in computers, and those differences are large enough to potentially explain all of the output price differences.
Journal Article
The computer evolution
In this Economic Letter, we use data from five special surveys, covering the period 1984-2001, to examine two key aspects of the computer evolution: the spread of PCs at work and the evolving wage differentials between individuals who use them and those who do not. Although the spread of computers has been relatively uniform across labor force groups, the wage returns associated with computers tilted sharply in favor of the highly educated at the end of our sample frame. This finding appears consistent with the increase in trend productivity growth that occurred around the same time.