Showing 1 - 10 of 2,528
This paper proposes maximum likelihood estimators for panel seemingly unrelated regressions with both spatial lag and spatial error components. We study the general case where spatial effects are incorporated via spatial errors terms and via a spatial lag dependent variable and where the...
Persistent link: https://www.econbiz.de/10010274576
It is now well known that exogenous immigration shocks tend to have benign effects on native employment outcomes, thanks to various secondary adjustment processes made possible by flexible markets. One adjustment process that has received scant attention is that immigrants, as consumers of the...
Persistent link: https://www.econbiz.de/10010276906
We examine theoretically and empirically the properties of the equilibrium wage function and its implications for policy. Our emphasis is on how the researcher approaches economic and policy questions when there is labor market heterogeneity leading to a set of wages. We focus on the application...
Persistent link: https://www.econbiz.de/10010272633
This paper presents the quantile estimation of house price between two years, 2004 and 2007 (a boom house price period …
Persistent link: https://www.econbiz.de/10010282564
. Estimation results suggest that the presence of a university per se is not driving student's decision to apply. Further we find …
Persistent link: https://www.econbiz.de/10010282526
Using nationally-representative household survey data and confidential geo-coded data on violence, we examine the linkages between conflict, food insecurity, and food price shocks in Afghanistan. Spatial mappings of the raw data reveal large variations in levels of food insecurity and conflict...
Persistent link: https://www.econbiz.de/10010283950
Economists often analyze cross-sectional data to estimate the value people implicit place on attributes of goods using hedonic methods. Usually strong enough assumptions are made on the functional form of utility to point identify individuals' willingness-to-pay (WTP) for changes in attribute...
Persistent link: https://www.econbiz.de/10010272632
This paper proposes an assignment model where sorting occurs on attributes including both skills (Sattinger, 1979) and preferences (Tinbergen, 1956). The key feature of this model is that the wage function admits both jobs' and workers' attributes as arguments. Since this function is generically...
Persistent link: https://www.econbiz.de/10010274700
This paper provides new evidence on the effect of school construction projects on home prices, academic achievement, and public school enrollment. Taking advantage of the staggered implementation of a comprehensive school construction project in a poor urban district, we find that, by six years...
Persistent link: https://www.econbiz.de/10010282353
, using solely non-subjective data, in a literature from economics (so-called 'compensating differentials' neoclassical theory …
Persistent link: https://www.econbiz.de/10010269621