Showing 1 - 10 of 82
This paper develops a methodology to estimate the entire population distributions from bin-aggregated sample data. We do this through the estimation of the parameters of mixtures of distributions that allow for maximal parametric flexibility. The statistical approach we develop enables...
Persistent link: https://www.econbiz.de/10005015309
This paper proposes a structural approach to growth modeling relying on random return scale. An RBC-like model in which return to scale may be strictly increasing or decreasing depending on shocks is explicitly derived. We show that relevant component of usual macroeconomic models (including...
Persistent link: https://www.econbiz.de/10008626025
We analyse how physicians respond to contractual changes and incentives within a multitasking environment. In 1999 the Quebec government (Canada) introduced an optional mixed compensation system, combining a fixed per diem with a discounted (relative to the traditional fee-for-service system)...
Persistent link: https://www.econbiz.de/10005015259
Several papers have tested the empirical validity of the migration models proposed by Borjas (1987) and Borjas, Bronars, and Trejo (1992). However, to our knowledge, none has been able to disentangle the separate impact of observable and unobservable individual characteristics, and their...
Persistent link: https://www.econbiz.de/10005677349
Several papers have tested the empirical validity of the migration models proposed by Borjas (1987) and Borjas, Bronars, and Trejo (1992). However, to our knowledges, none has been able to disentangle the separate impact of observable and unobservable individual characteristics, and their...
Persistent link: https://www.econbiz.de/10005696330
The scale of the persistent, concentrated immigration from Mexico is a source of concern to many in the United States. The perception is that Mexicans are not assimilating into mainstream America as previous generations of immigrants did. In this paper we look at the emigration of approximately...
Persistent link: https://www.econbiz.de/10005696253
Although it is intuitive and morally compelling that the worst forms of child labour should be eliminated, banning them in poor countries is unlikely to be welfare improving and can come at the expense of human capital accumulation. We show that the existence of harmful forms of child labour, in...
Persistent link: https://www.econbiz.de/10005696402
In this paper, we compare individual survival curves constructed from objective (actual mortality) and elicited subjective information (probability of survival to a given target age). We develop a methodology to estimate jointly subjective and objective individual- survival curves accounting for...
Persistent link: https://www.econbiz.de/10011093878
When analyzing subjective expectations, researchers commonly apply (non-)parametric approximations to point identify beliefs. We propose a new take on this type of data that does not impose a functional form on expectations. Using the widely researched example of subjective survival...
Persistent link: https://www.econbiz.de/10011170402
We show how bounds around preferences parameters can be estimated under various levels of assumptions concerning the beliefs of senders in the investment game. We contrast these bounds with point estimates of the preference parameters obtained using non-incentivized subjective belief data. Our...
Persistent link: https://www.econbiz.de/10008486872