Showing 1 - 10 of 293
We carried out a survey among undergraduate students to investigate the role of gender stereotyping in the perception of female work and its consequences in terms of wage discrimination. Traditional female-oriented and male-oriented jobs are evaluated in terms of compensatory factors related to...
Persistent link: https://www.econbiz.de/10010835719
Horrace and Oaxaca (2001) treat the regressors in gender wage gap by industry measures as non-stochastic when computing the corresponding standard errors. However, the non-stochastic regressors assumption is thought to be inappropriate in modern econometrics. In this paper, we derive the correct...
Persistent link: https://www.econbiz.de/10005416973
Horrace and Oaxaca (2001) treat the regressors in gender wage gap by industry measures as non-stochastic when computing the corresponding standard errors. However, the non-stochastic regressors assumption is thought to be inappropriate in modern econometrics. In this paper, we derive the correct...
Persistent link: https://www.econbiz.de/10010836148
An alternative to Wesner's method of detecting deterministic behavior and chaos in small sample sets is presented. This new method is applied to analyze the dynamics of several stock prices.
Persistent link: https://www.econbiz.de/10005416804
We propose a bootstrap algorithm for autoregressions based on the approximation of the data generating process by a finite state discrete Markov chain. We discover a close connection of the proposed algorithm with existing bootstrap resampling schemes, run a small Monte-Carlo experiment, and...
Persistent link: https://www.econbiz.de/10005416858
Using data from Labor Force Surveys (LFS), this study implements additive models to analyze the impact of schooling on wages. It also uses the Sperlich, Tjostheim and Yang (2002) test to validate the existence of interaction terms. Results confirm that the earnings-schooling relationship...
Persistent link: https://www.econbiz.de/10005416872
In this paper an original estimator of long memory is considered. It is based on the scaling function directly extracted from multifractal formalism. Monte Carlo simulations show that the scaling function gives interesting results, notably in terms of confidence intervals, which are smaller than...
Persistent link: https://www.econbiz.de/10005416882
Whether good macroeconomic policy facilitates aid effectiveness in generating growth is a highly debated topic. In this paper we investigate if economic reform has a favorable effect on the aid-growth relation—specifically, if reform enhances the effect of aid on growth. In doing so, we...
Persistent link: https://www.econbiz.de/10005416884
This paper shows by simulation experiments some failures of the KPSS test when the source of the nonstationarity is explained by an unconditional volatility shift. So, a complementary test is proposed. An application to the US Dollar/Euro exchange rate reveals an instability in the unconditional...
Persistent link: https://www.econbiz.de/10005416911
The empirical results through a fixed effects regression model show that the initial level of productivity has a negative effect on the contribution of efficiency to productivity growth, which implies that technological catch-up has done much to cause economic convergence among countries....
Persistent link: https://www.econbiz.de/10005416943