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Risk and Rationality : Uncovering Heterogeneity in Probability Distortion
Bruhin, Adrian; Fehr-Duda, Helga; Epper, Thomas - 2009
It has long been recognized that there is considerable heterogeneity in individual risk taking behavior but little is known about the distribution of risk taking types. We present a parsimonious characterization of risk taking behavior by estimating a finite mixture regression model for three...
Persistent link: https://www.econbiz.de/10014207351
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Do Depositors Discipline Swiss Banks?
Birchler, Urs; Maechler, Andréa M. - 2001
longer satisfactory. We use a panel of bank-specific data on 250 Swiss banks over the period 1987-1998. We find considerable …
Persistent link: https://www.econbiz.de/10011430028
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Consistent estimation of the fixed effects ordered logit model
Baetschmann, Gregori; Staub, Kevin E.; Winkelmann, Rainer - 2011
The paper re-examines existing estimators for the panel data fixed effects ordered logit model, proposes a new one, and …
Persistent link: https://www.econbiz.de/10010316860
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Reconsidering the analysis of longitudinal happiness data: With an application to the effect of unemployment
Baetschmann, Gregori; Staub, Kevin E.; Winkelmann, Rainer - 2011
The paper reconsiders existing estimators for the panel data fixed effects ordered logit model, including one that has …
Persistent link: https://www.econbiz.de/10010316884
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Provision of public goods in a federalist country: Tiebout competition, fiscal equalization, and incentives for efficiency in Switzerland
Widmer, Philippe; Zweifel, Peter - 2008
The purpose of this paper is to analyze the efficiency of the 26 Swiss cantons over the period 2000 to 2004 applying Data Envelopment Analysis (DEA). A Total Public Sector Performance (TPSP) indicator for eight local government activities (administration, public safety, education, culture and...
Persistent link: https://www.econbiz.de/10010315507
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A structural model of demand for apprentices
Mühlemann, Samuel; Schweri, Jürg; Winkelmann, Rainer; … - 2005
using a new firm-level dataset for Switzerland showed, however, that for 60 percent of the firms, the apprenticeship …
Persistent link: https://www.econbiz.de/10010315596
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Accounting for heterogeneity in the measurement of hospital performance
Widmer, Philippe K.; Zweifel, Peter; Farsi, Mehdi - 2011
correction in the estimation of hospital performance. …
Persistent link: https://www.econbiz.de/10010316845
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The apple falls increasingly far: Parent-child correlation in schooling and the growth of post-secondary education in Switzerland
Hanslin, Sandra; Winkelmann, Rainer - 2006
Switzerland, using data from the 1999 wave of the Swiss Household Panel. As expected, the fraction of tertiary graduates has …
Persistent link: https://www.econbiz.de/10010315561
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On various ways of measuring unemployment, with applications to Switzerland
Deutsch, Joseph; Flückiger, Yves; Silber, Jacques - 2007
the values of the four proposed indices, both within a given canton and within Switzerland as a whole. The paper concludes …
Persistent link: https://www.econbiz.de/10010266516
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Monetary policy with forward-looking rules: The Swiss case
Cuche, Nicolas A. - 2000
We estimate monetary policy rules in Switzerland for 1981-1997. In addition to an inflation gap, we find that forward …
Persistent link: https://www.econbiz.de/10011430020