Showing 1 - 10 of 12
simultaneous equations is defined, free of endogeneity relating to the explanatory variables. The estimations on recent French data …
Persistent link: https://www.econbiz.de/10010821218
The literature shows that temporary international migrants have a high propensity to opt for an entrepreneurial activity upon return, but the prospects of survival of these activities have not been explored. We address this research question using longitudinal Egyptian data. We find that...
Persistent link: https://www.econbiz.de/10010821266
relatives' discarding behavior. We use Dong's endogeneity test [7] to show that that regressor is not endogenous. We argue that …
Persistent link: https://www.econbiz.de/10010899554
In this paper, we develop a test to detect the presence of endogeneity in conditional quantiles. Our test is a Hausman …-type test based on the distance between two estimators, of which one is consistent only under no endogeneity while the other is … consistent regardless of the presence of endogeneity in conditional quantile models. We derive the asymptotic distribution of the …
Persistent link: https://www.econbiz.de/10010933896
be endogenous. Through the use of OLS estimations and then 2SLS, the validation of endogeneity provides sufficient tools …
Persistent link: https://www.econbiz.de/10011025830
Cooperation among local governments has been encouraged to enable the aggregation of resources and improved public sector efficiency. However, if cooperation through the joint delivery of local public services is likely to be welfare enhancing for the agglomeration, but will lead to losses for...
Persistent link: https://www.econbiz.de/10010618137
This study aims at evaluating the actual profile of marginal productivity across the age groups within the workforce. As age-productivity profile might differ between occupations, we differentiate the workforce simultaneously by skills (low-skilled, high-skilled) and by age (young, middle-aged,...
Persistent link: https://www.econbiz.de/10008866181
We propose an instrumental variables method for inference in high-dimensional structural equations with endogenous regressors. The number of regressors K can be much larger than the sample size. A key ingredient is sparsity, i.e., the vector of coefficients has many zeros, or approximate...
Persistent link: https://www.econbiz.de/10009021745
This paper analyses the monetary consequences of the Latin-American trade integration process. We consider a sample of five countries -Argentina, Brazil, Chile, Mexico and Uruguay- spanning the period 1991-2007. The main question raised pertains to the feasibility of a monetary union between...
Persistent link: https://www.econbiz.de/10008790825
This paper studies to what extent the diversity of exchange rate regimes within Mercosur exerts an influence on the feasibility of a monetary union in this area. A semi-structural VAR model is built for each country, including a set of international and domestic variables. Based on impulse...
Persistent link: https://www.econbiz.de/10008791736