Showing 1 - 10 of 28
This paper sets out a theoretical framework for models of the household production and labour supply decisions of families, and estimates empirical specifications on time use survey data containing information on labour supply, domestic work and pure leisure. The models are then compared with...
Persistent link: https://www.econbiz.de/10005063685
Research over the past several years has led to development of models characterizing equilibrium in a system of local jurisdictions. More recently, there have been a number of studies which have tried to estimate these models. The evidence suggests that simple parametric models can explain the...
Persistent link: https://www.econbiz.de/10005699684
Quantile regression (QR) methods fit a linear model for conditional quantiles, just as ordinary least squares (OLS) regression estimates a linear model for conditional means. An attractive feature of the OLS estimator is that it gives a minimum mean square error approximation to the conditional...
Persistent link: https://www.econbiz.de/10005063598
The paper analyses how barriers to communication across social groups affect economy-wide productivity and factor accumulation. Using a dynamic model of an economy that includes a reproducible capital stock (physical or human) and effective labour, social barriers to communication are shown to...
Persistent link: https://www.econbiz.de/10005063628
There is conflicting evidence regarding the recent evolution of unemployment duration in the U.S. In this study we rely on censored quantile regression methods to analyze the changes in the US unemployment duration distribution. We employed the decomposition method proposed by Machado and Mata...
Persistent link: https://www.econbiz.de/10005699588
One of the lessons of the treatment effects literature is the lack of consensus about the ability of statistical and econometric methods to replicate experimental estimates. In this paper, we provide new evidence using an unusual unemployment insurance experiment that allows the identification...
Persistent link: https://www.econbiz.de/10005699626
This paper examines the intensity of financial crises during the 1990s with a view to informing crisis prevention and mitigation policies. We compare the performance of a full Bayesian and an information-theoretic approach in addressing the econometric problems posed by the lack of a unifying...
Persistent link: https://www.econbiz.de/10005699629
In this paper, local relationship between per capita health expenditure and GDP is investigated with local quantile regressions. The advantage of using local quantile regressions is the assumption of homogeneity on per capita health care expenditure could be relaxed so that number of countries...
Persistent link: https://www.econbiz.de/10005702535
In the productivity modelling literature, the disturbances U (representing technical inefficiency) and V (representing noise) of the composite error W=V-U of the stochastic frontier model are assumed to be independent random variables. By employing the copula approach to statistical modelling,...
Persistent link: https://www.econbiz.de/10005702594
This paper presents calculations of semiparametric efficiency bounds for quantile treatment effects parameters when selection to treatment is based on observable characteristics. The paper also presents three estimation procedures for these parameters, all of which have two steps: a...
Persistent link: https://www.econbiz.de/10005702635