used in importance sampling for model estimation, model selection and model combination. The procedure is fully automatic …This paper proposes an up-to-date review of estimation strategies available for the Bayesian inference of GARCH …

Tobit estimation, truncated regression, probit regression and substitutions for zero flows have been suggested. We argue …

density and productivity and wages has long been established in the economic literature, less is known about the effects of … supply of university graduates on wages, i.e. the social return to education. …

This paper studies the impact of routine job tasks on workers wages in the German labour market. Using nationally … associated with workers hourly wages; the negative effect of routine tasks is most pronounced in high-skilled non …-intensity of the workers' own occupation in 1979. The estimation procedure rests on the assumption that the two instruments are …

college education cannot universally be considered an insurance against unpredictability of wages. One conclusion is …

responsiveness of workers' wages on firms' ability to pay in order to assess the extent to which employers share rents with their …