Much of the analysis of panel data has been based on an assumption of strict exogeneity. Distributions are specified for outcome variables conditional on a latent individual effect and conditional on observed predictor variables at all dates, with the future values of the predictor variables...

This paper proposes a new copula model known as the Lévy subordinated hierarchical Archimedean copulas (LSHAC) for multi-country mortality dependence modeling. To the best of our knowledge, this is the first paper to apply the LSHAC model to mortality studies. Through an extensive empirical...

Few would contest that teachers are a very important determinant of whether students learn in school and how to improve teacher performance has been the focus of much policy debate in rich and poor countries. This paper examines how incentives, both pecuniary and non-pecuniary, correlate with...

Using longitudinal data from the German Socio-Economic Panel (SOEP), this article examines whether gender wage differentials occur due to differences in prototypical personality traits of women and men and provides the first application of a gender wage gap decomposition on the basis of a...