Showing 1 - 10 of 19
This paper examines the application of count data models to firm level panel data on technological innovations. The model the authors propose exhibits dynamic feedback and unobserved heterogeneity. We develop a fixed effects estimator that generalizes the standard Poisson and negative binomial...
Persistent link: https://www.econbiz.de/10005072421
<abstractinfo format="display"> We analyse the impact of product market competition on unemployment, and how this depends on labour market institutions. Theoretically, both firms with market power and unions with bargaining power are constrained in their behaviour by the elasticity of demand in the product market. We use...</abstractinfo>
Persistent link: https://www.econbiz.de/10005232047
Recently the data underlying the Annual Census of Production has been made available to academic economists in the United Kingdom. The data provide information on production activity in the United Kingdom at the plant level. This paper provides some preliminary description of the data and...
Persistent link: https://www.econbiz.de/10005232408
The exact measurement of the welfare costs of tax and price reform requires a detailed knowledge of individual preferences. Typically, first-order approximations of welfare costs are calculated avoiding detailed knowledge of substitution effects. The authors derive second-order approximations...
Persistent link: https://www.econbiz.de/10005392982
This paper studies the paths from inequality in earnings to inequality in household consumption. We show that careful study of the evolution of the variances and covariances of earnings and consumption within cohorts across time can identify permanent and transitory shocks. We present an...
Persistent link: https://www.econbiz.de/10005393139
This survey is designed to emphasize the relationship between empirical a nd theoretical considerations in the analysis of consumer behavior. A lthough it focuses primarily on analysis at the individual or micro l evel, it tries, where possible, to draw implications for the estimati on of...
Persistent link: https://www.econbiz.de/10005393389
Persistent link: https://www.econbiz.de/10010795624
Persistent link: https://www.econbiz.de/10011005902
Official estimates of housing benefit take-up rates suggest that up to two million families in the United Kingdom ma y not be receiving the help with their housing costs to which they ar e entitled. The authors' interest in the take-up of means tested bene fits is therefore motivated by two...
Persistent link: https://www.econbiz.de/10005071728
Persistent link: https://www.econbiz.de/10005071977