Search Results - subject:"Panel Data Models"

Determinants of equity pension plan flows

Ballester, Martí; Pilar, Carmen - Institut für Weltwirtschaft (IfW) - 2013

The aim of this study is to analyze investor response to different measures of pension plan performance. To do this, we implement a fixed effects panel data methodology corrected by heteroskedasticity, serial correlation and cross-sectional dependence, as proposed by Vogelsang...

Persistent link: https://www.econbiz.de/10010983172

Evaluating the Role of Individual Specific Heterogeneity in the Relationship Between Subjective Health Assessments and Income

Fernández-Val, Iván; Savchenko, Yevgeniya; Vella, Francis - Institute for the Study of Labor (IZA) - 2013

This paper investigates the impact of income on an individual's subjective self-assessment of own health. We employ recently developed methods in the non linear panel data literature to account for the endogeneity of income and the presence of individual heterogeneity. We examine a panel data...

Persistent link: https://www.econbiz.de/10010959742

Impact Estimates for Static Spatial Panel Data Models in R

Piras, Gianfranco - Regional Research Institute (RRI), West Virginia University - 2013

and Pace (2009). Unlike Matlab (MATLAB 2011), there was no R function specific to static panel data models for the … sectional functions available from spdep (Bivand 2013) to spatial panel data models. … data models available from the R (R Development Core Team 2012) package splm (Millo and Piras 2012). Additionally, we also …

Persistent link: https://www.econbiz.de/10010929306

Long-Term Growth and Persistence with Endogenous Depreciation: Theory and Evidence

Barañano Mentxaka, Ilaski; Romero-Avila, Diego - Departamento de Fundamentos del Análisis Económico I, … - 2013

Previous research has shown a strong positive correlation between short-term persistence and long-term output growth as well as between depreciation rates and long-term output growth. This evidence, therefore, contradicts the standard predictions from traditional neoclassical or AK-type growth...

Persistent link: https://www.econbiz.de/10011145669

Central Fiscal Transfers and States' Spending In India: An Analysis of Incentive Effect

Panda, Prasant Kumar; Nirmala, Velan - In: Economics Bulletin 33 (2013) 2, pp. 1229-1246

The paper examines the incentive effects of federal fiscal transfers on states' spending in India. To this end, a panel data set for 22 states for the period 1980-81 to 2004-05 is used; and fixed and random effect panel regression models are employed. Per capita resource transfers in channel...

Persistent link: https://www.econbiz.de/10010836135

Group Invariance, Likelihood Ratio Tests, and the Incidental Parameter Problem in a High-Dimensional Linear Model

Hallin, Marc; Moreira J., Marcelo; Onatski, Alexei - European Centre for Advanced Research in Economics and … - 2013

This paper considers a linear panel data model with reduced rank regressors and interactive fixed effects. The leading example is a factor model where some of the factors are observed, some others not. Invariance considerations yield a maximal invariant statistic whose density does not depend on...

Persistent link: https://www.econbiz.de/10010604016

Persistence Bias and the Wage-Schooling Model

Andini, Corrado - Institute for the Study of Labor (IZA) - 2013

This paper provides an expression for the bias of the OLS estimator of the schooling coefficient in a simple static wage-schooling model where earnings persistence is not accounted for. It is argued that the OLS estimator of the schooling coefficient is biased upward, and the bias is increasing...

Persistent link: https://www.econbiz.de/10010607499

Evaluating the role of individual specific heterogeneity in the relationship between subjective health assessments and income

Fernández-Val, Iván; Savchenko, Yevgeniya; Vella, Francis - 2013

Persistent link: https://www.econbiz.de/10010196043

Getting stuck in the blues : persistence of mental health problems in Australia

Roy, John R.; Schurer, Stefanie - 2013

Do episodes of mental health problems cause future mental health problems, and if yes, how strong are these dynamics? We quantify the degree of persistence in mental health problems using nationally-representative, longitudinal data from Australia and system GMM-IV and correlated random effects...

Persistent link: https://www.econbiz.de/10009756047

Desarrollo del sector servicios y su papel en la consolidación del crecimiento económico mundial

Jola Sánchez, Andrés Fernando - In: Ecos de economía 17 (2013) 36, pp. 43-68

Persistent link: https://www.econbiz.de/10010403790