Showing 1 - 10 of 1,983
This paper quantifies the extent of heterogeneity in consumption responses to changes in real interest rates and house prices in the four largest economies in the euro area: France, Germany, Italy, and Spain. We first calibrate a life-cycle incomplete-markets model with a financial asset and...
Persistent link: https://www.econbiz.de/10012859309
We study smoking persistence in ten countries using data from the European Community Household Panel. Such persistence … two by using semi-parametric dynamic panel data methods applied to both the decision to smoke or not and to the decision …
Persistent link: https://www.econbiz.de/10013157256
This paper proposes maximum likelihood estimators for panel seemingly unrelated regressions with both spatial lag and … spatial lag dependent variable and where the heterogeneity in the panel is incorporated via an error component specification … spatial autocorrelation and random effects for this spatial SUR panel model. The small sample performance of the proposed …
Persistent link: https://www.econbiz.de/10013137243
-quality, register-based panel data set. It is discussed that when there are significant differences between employment status …
Persistent link: https://www.econbiz.de/10013152954
This paper proposes a parametric approach to estimating a dynamic binary response panel data model that allows for …
Persistent link: https://www.econbiz.de/10013089968
unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on …
Persistent link: https://www.econbiz.de/10013009494
This paper proposes a quantile regression estimator for a panel data model with interactive effects potentially …
Persistent link: https://www.econbiz.de/10013099775
We propose a novel procedure, built within a Generalized Method of Moments framework, which exploits unpaired observations (singletons) to increase the efficiency of longitudinal fixed effect estimates. The approach allows increasing estimation efficiency, while properly tackling the bias due to...
Persistent link: https://www.econbiz.de/10012865864
well-being and ill-being. Using the first five waves of panel data from the Household, Income and Labour Dynamics in … Australia (HILDA) Survey, we jointly model positive and negative well-being in a two-equation dynamic panel data model. We found …
Persistent link: https://www.econbiz.de/10013316765
Two particular features of the position of women in the British labour market are the extensive role of part-time work and the large part-time pay penalty. Part-time work features most prominently when women are in their 30s, the peak childcare years and, particularly for more educated women, a...
Persistent link: https://www.econbiz.de/10013316780