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The Terms and Relations of Comparison, Referential, and Relative Processes

Jasso, Guillermina - 2021

new unified theory, which also links the forces to identity and to happiness. Second, following the new unified theory …

Persistent link: https://www.econbiz.de/10013317010

On the Role of Counterfactuals in Inferring Causal Effects of Treatments

Kluve, Jochen - 2021

Causal inference in the empirical sciences is based on counterfactuals. This paper presents the counterfactual account of causation in terms of Lewis's possible-world semantics, and reformulates the statistical potential outcome framework and its underlying assumptions using counterfactual...

Persistent link: https://www.econbiz.de/10013320814

Google Econometrics and Unemployment Forecasting

Askitas, Nikos - 2012

The current economic crisis requires fast information to predict economic behavior early, which is difficult at times of structural changes. This paper suggests an innovative new method of using data on internet activity for that purpose. It demonstrates strong correlations between keyword...

Persistent link: https://www.econbiz.de/10013117001

An Oaxaca Decomposition for Nonlinear Models

Bazen, Stephen - 2016

The widely used Oaxaca decomposition applies to linear models. Extending it to commonly used nonlinear models such as duration models is not straightforward. This paper shows that the original decomposition that uses a linear model can also be obtained by an application of the mean value...

Persistent link: https://www.econbiz.de/10012992744

From Estimation Results to Stylized Facts : Twelve Recommendations for Empirical Research in International Activities of Heterogeneous Firms

Wagner, Joachim - 2010

Heterogeneous firms are at the heart of both the New New International Trade Theory and the Micro-econometrics of …

Persistent link: https://www.econbiz.de/10013138259

How Do Labor Markets Affect Crime? New Evidence on an Old Puzzle

Mustard, David B. - 2010

by an intriguing puzzle - the large gap between the theory and empirical work. While the hypothesis that growing labor … consistent evidence in support of this theory. The primary contribution of this chapter is to document how recent research … - primarily since the late 1990s - makes substantial progress in resolving this disconnect between the theory and empirics. To …

Persistent link: https://www.econbiz.de/10013145191

Recent Advances in the Economics of Individual Subjective Well-Being

Stutzer, Alois - 2010

Over the last decades, empirical research on subjective well-being in the social sciences has provided a major new stimulus to the discourse on individual happiness. Recently this research has also been linked to economics where reported subjective wellbeing is often taken as a proxy measure for...

Persistent link: https://www.econbiz.de/10013146167

Resource Misallocation in European Firms : The Role of Constraints, Firm Characteristics and Managerial Decisions

Gorodnichenko, Yuriy - 2018

Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...

Persistent link: https://www.econbiz.de/10012923225

Technology and Education : Computers, Software, and the Internet

Bulman, George - 2015

A substantial amount of money is spent on technology by schools, families and policymakers with the hope of improving educational outcomes. This chapter explores the theoretical and empirical literature on the impacts of technology on educational outcomes. The literature focuses on two primary...

Persistent link: https://www.econbiz.de/10013013568

Replication in Economics

Hamermesh, Daniel S. - 2007

This examination of the role and potential for replication in economics points out the paucity of both pure replication - checking on others' published papers using their data - and scientific replication - using data representing different populations in one's own work or in a Comment. Several...

Persistent link: https://www.econbiz.de/10012777028