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The Re-Building Effect of Hurricanes: Evidence from Employment in the US Construction Industry

Strobl, Eric; Walsh, Frank - Institute for the Study of Labor (IZA) - 2008

We examine the impact of hurricane strikes on the construction industry in US counties. To this end we use a measure of hurricane destruction derived from a wind field model and historical hurricane track data and employ this within a dynamic labour demand framework. Our results show that...

Persistent link: https://www.econbiz.de/10005822310

The Finite Sample Performance of Semi- and Nonparametric Estimators for Treatment Effects and Policy Evaluation

Frölich, Markus; Huber, Martin; Wiesenfarth, Manuel - Institute for the Study of Labor (IZA) - 2015

treatment and policy evaluation. In contrast to previous simulation studies which mostly considered semiparametric approaches …

Persistent link: https://www.econbiz.de/10011125870

A Simulation of an Income Contingent Tuition Scheme in a Transition Economy

Vodopivec, Milan - Institute for the Study of Labor (IZA) - 2004

The paper takes advantage of exceptionally rich longitudinal data on the universe of labor force participants in Slovenia and simulates the working of an income contingent loan scheme to partly recover tuition costs. The simulations show that under the base variant (where the target cost...

Persistent link: https://www.econbiz.de/10005761698

Traits, Imitation, and Evolutionary Dynamics

Schnedler, Wendelin - Institute for the Study of Labor (IZA) - 2003

In this article, a modelling framework for the information transmission between agents in an evolutionary game setting is proposed. Agents observe traits which reflect past and present behaviour and success of other agents. If agents imitate more successful agents based on these traits, the...

Persistent link: https://www.econbiz.de/10005822056

A Computationally Practical Simulation Estimation Algorithm for Dynamic Panel Data Models with Unobserved Endogenous State Variables

Keane, Michael P.; Sauer, Robert M. - Institute for the Study of Labor (IZA) - 2009

This paper develops a simulation estimation algorithm that is particularly useful for estimating dynamic panel data …

Persistent link: https://www.econbiz.de/10005703001

Punishing Free-Riders: How Group Size Affects Mutual Monitoring and the Provision of Public Goods

Carpenter, Jeffrey P. - Institute for the Study of Labor (IZA) - 2004

strategies seen in the lab and use the simulation to develop hypotheses about why group size should matter when punishment is …

Persistent link: https://www.econbiz.de/10005703051

Simulation and Estimation of Hedonic Models

Heckman, James J.; Matzkin, Rosa; Nesheim, Lars - Institute for the Study of Labor (IZA) - 2003

Making use of restrictions imposed by equilibrium, theoretical progress has been made on the nonparametric and semiparametric estimation and identification of scalar additive hedonic models (Ekeland, Heckman, and Nesheim, 2002) and scalar nonadditive hedonic models (Heckman, Matzkin, and...

Persistent link: https://www.econbiz.de/10005703578

Calculating Confidence Intervals for Continuous and Discontinuous Functions of Estimated Parameters

Ham, John C.; Woutersen, Tiemen - Institute for the Study of Labor (IZA) - 2011

The delta method is commonly used to calculate confidence intervals of functions of estimated parameters that are differentiable with non-zero, bounded derivatives. When the delta method is inappropriate, researchers usually first use a bootstrap procedure where they i) repeatedly take a draw...

Persistent link: https://www.econbiz.de/10009151016

Female Labor Market Transitions in Europe

Kaiser, Lutz C. - Institute for the Study of Labor (IZA) - 2006

-care infrastructure concerning children, which either fosters or restricts a sustainable risk management between family and work in the …

Persistent link: https://www.econbiz.de/10005703675

Why Do We Ignore the Risk in Schooling Decisions?

Hartog, Joop; Diaz-Serrano, Luis - Institute for the Study of Labor (IZA) - 2014

virtually absent in labour economics text books. This paper documents the scope for risk, discusses the tough disentanglement of … heterogeneity and risk, surveys the analytical models, laments the absence of a good workhorse model and points out the challenges … worth tackling: document ex ante risk that investors face, develop a tractable and malleable analytical model and integrate …

Persistent link: https://www.econbiz.de/10010761640