Showing 1 - 10 of 213
This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has …
Persistent link: https://www.econbiz.de/10005792232
We analyze peer e¤ects in sleeping behavior using a representative sample of U.S. teenagers from the National Longitudinal Survey of Adolescent Health. The sampling design of the survey causes the conventional 2SLS estimator to be inconsistent. We extend the NLS estimator in Wang and Lee...
Persistent link: https://www.econbiz.de/10011084656
Although economists have long been aware of Jensen's inequality, many econometric applications have neglected an important implication of it: the standard practice of interpreting the parameters of log-linearized models estimated by ordinary least squares as elasticities can be highly misleading...
Persistent link: https://www.econbiz.de/10005136746
This paper provides evidence on the relevance of the collection mode for the analysis of consumption data for the United States using complementary data sets from the Consumer Expenditure Surveys (CEX). We first show that population figures from consumption reports obtained with diaries markedly...
Persistent link: https://www.econbiz.de/10008684684
In this paper, we investigate the use of interactive effect or linear factor models in regional policy evaluation. We contrast treatment effect estimates obtained by Bai (2009)'s least squares method with the popular difference in differences estimates as well as with estimates obtained using...
Persistent link: https://www.econbiz.de/10011084679
regressions, time-series modelling, panel data analysis - can be misleading for understanding convergence; a model of polarization …
Persistent link: https://www.econbiz.de/10005792413
-rich countries. We also present IV-estimates to correct for the endogenous nature of investment rates and panel estimates to allow …
Persistent link: https://www.econbiz.de/10005123919
data from the German Socio-Economic Panel study (GSOEP) 1984 to 2006. Econometric problems due to individuals choosing … methods with a specific way to use the panel dimension of the data. The paper shows that sports activities have sizeable …
Persistent link: https://www.econbiz.de/10005662093
companies by using alternative frontier cost models for panel data. Thereby, the multidimensional performance estimation …
Persistent link: https://www.econbiz.de/10011084257
This Paper proposes a new forecasting method that exploits information from a large panel of time series. The method is … the information on the dynamic covariance structure of the whole panel. We first use our previous method to obtain an … panel of 447 monthly time series show very encouraging results. …
Persistent link: https://www.econbiz.de/10005661541