Search Results - subject:"Instrumental Variables."

Peer Group Effects on the Academic Performance of Italian Students

De Paola, Maria; Scoppa, Vincenzo - Volkswirtschaftliche Fakultät, … - 2009

We analyse peer effects among students of a middle-sized Italian public university. We explain students’ average grade in exams passed during their Second Level Degree course on the basis of their pre-determined measures of abilities, personal characteristics and peer group abilities. Thanks...

Persistent link: https://www.econbiz.de/10008527383

Bank Competition, Risk and Asset Allocations

Boyd, John H.; Nicoló, Gianni De; Jalal, Abu M. - International Monetary Fund (IMF) - 2009

We study a banking model in which banks invest in a riskless asset and compete in both deposit and risky loan markets. The model predicts that as competition increases, both loans and assets increase; however, the effect on the loans-to-assets ratio is ambiguous. Similarly, as competition...

Persistent link: https://www.econbiz.de/10008528611

Endogeneity in Panel Data Models with Time-Varying and Time-Fixed Regressors: To IV or not IV?

Mitze, Timo - Rheinisch-Westfälisches Institut für … - 2009

We analyse the problem of parameter inconsistency in panel data econometrics due to the correlation of exogenous variables with the error term.A common solution in this setting is to use Instrumental-Variable (IV) estimation in the spirit of Hausman-Taylor (1981). However, some potential...

Persistent link: https://www.econbiz.de/10005178230

Evaluating Exchange Rate Management An Application to Korea

Parsley, David; Popper, Helen - Hong Kong Institute for Monetary Research (HKIMR), … - 2009

This paper uses data-rich estimation techniques to study monetary policy in an open economy. We apply the techniques to a small, forward-looking model and explore the importance of the exchange rate in the monetary policy rule. This approach allows us to discern whether a monetary authority...

Persistent link: https://www.econbiz.de/10008621750

The power of Remittances on the Prevalence of Child Labor

EBEKE, Christian - Centre d'Études et de Recherches sur le Développement … - 2009

This article examines the relationship between migrants' remittances and the prevalence of child labor by using a large sample of developing countries. In particular, we investigate whether the inflows of remittances help to offset the effects of financial constraints and income shocks on the...

Persistent link: https://www.econbiz.de/10008562496

Why Migrants' Remittances Reduce Income Inequality in some Countries and not in Others?

GOFF, Maëlan LE; EBEKE, Christian - Centre d'Études et de Recherches sur le Développement … - 2009

According to the literature, the eﬀect of remittances on income inequality in origin countries of migrants is not clear, whatever empirical approach is used. Aiming at clearing up this ambiguity, some authors took into account the historical, social or economic context of the home countries...

Persistent link: https://www.econbiz.de/10008562499

Caught in the bulimic trap? Persistence and state dependence of bulimia among young women

Goeree, Michelle S.; Ham, John C.; Iorio, Daniela - Institut für Volkswirtschaftslehre, … - 2009

Eating disorders are an important and growing health concern, and bulimia nervosa (BN) accounts for the largest fraction of eating disorders. Health consequences of BN are substantial and especially serious given the increasingly compulsive nature of the disorder. However, remarkably little is...

Persistent link: https://www.econbiz.de/10008566240

Education and Its Distributional Impacts on Living Standards

Ito, Takahiro - Institute of Economic Research, Hitotsubashi University - 2009

obtained through an instrumental variables quantile regression suggest that the endogeneity of education matters in determining … of education differs substantially between the instrumental variables quantile regression and standard instrumental … variables regression results. The comparison of the two indicates the possibility that the impact on poverty reduction is likely …

Persistent link: https://www.econbiz.de/10008566293

GMM Estimation with Noncausal Instruments

Lanne, Markku; Saikkonen, Pentti - Volkswirtschaftliche Fakultät, … - 2009

Lagged variables are often used as instruments when the generalized method of moments (GMM) is applied to time series data. We show that if these variables follow noncausal autoregressive processes, their lags are not valid instruments and the GMM estimator is inconsistent. Moreover, in this...

Persistent link: https://www.econbiz.de/10008568629

How Much Should We Trust Linear Instrumental Variables Estimators? An Application to Family Size and Children's Education

Mogstad, Magne; Wiswall, Matthew - Institute for the Study of Labor (IZA) - 2009

Many empirical studies specify outcomes as a linear function of endogenous regressors when conducting instrumental variable (IV) estimation. We show that tests for treatment effects, selection bias, and treatment effect heterogeneity are biased if the true relationship is non-linear. These...

Persistent link: https://www.econbiz.de/10008574590