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On the sensitivity of return to schooling estimates to estimation methods, model specification, and influential outliers if identification is weak

Jaeger, David A.; Parys, Juliane - 2009

' standard errors are inflated by a group of extreme years of education observations, for which identification is especially weak …

Persistent link: https://www.econbiz.de/10010269280

A parametric control function approach to estimating the returns to schooling in the absence of exclusion restrictions: An application to the NLSY

Farré, Lídia; Klein, Roger; Vella, Francis - 2010

An innovation which bypasses the need for instruments when estimating endogenous treatment effects is identification … conditional variances semiparametrically. While this is attractive, as identification is not reliant on parametric assumptions for …

Persistent link: https://www.econbiz.de/10010269795

Some Challenges in the Empirics of the Effects of Networks

Boucher, Vincent; Fortin, Bernard - 2015

, such as preferences, technology and decision processes. We discuss sources of identification for the social multiplier as …

Persistent link: https://www.econbiz.de/10010513213

Some Challenges in the Empirics of the Effects of Networks

Boucher, Vincent; Fortin, Bernard - Institute for the Study of Labor (IZA) - 2015

, such as preferences, technology and decision processes. We discuss sources of identification for the social multiplier as …

Persistent link: https://www.econbiz.de/10011196642

Identifying regional labor demand shocks using sign restrictions

Juessen, Falko; Linnemann, Ludger - 2012

We propose using sign restrictions to identify regional labor demand shocks in a panel VAR of US federal states. Observed migration responds significantly, but less persistently than the residual-based migration measure constructed by Blanchard and Katz (1992).

Persistent link: https://www.econbiz.de/10010287601

The US inflation-unemployment tradeoff: methodological issues and further evidence

Karanassou, Marika; Sala, Héctor - 2009

inflation/unemployment responses to money growth shocks. SVAR (structural vector autoregression) and GMM (generalised method of …

Persistent link: https://www.econbiz.de/10010276468

Identification of New Keynesian Phillips Curves from a global perspective

Dees, Stephane; Pesaran, Mohammad Hashem; Smith, L. Vanessa - 2008

is whether such equations are identified. To check identification requires specifying the process for the forcing … is estimated by GMM, relying on statistical criteria to choose instruments. This may result in failure of identification …

Persistent link: https://www.econbiz.de/10010276262

The Rise and Fall of Swiss Unemployment: Relative Demand Shocks, Wage Rigidities, and Temporary Immigrants

Puhani, Patrick A. - 2003

relative net demand shock against the low skilled (like the US) during this period. It turns out that only workers with an … educational level below apprenticeship were affected by such a shock. Furthermore, I test whether wages reacted flexibly to this … shock and find that they were rigid, which can explain the relative unemployment increase for this group. Finally, I test …

Persistent link: https://www.econbiz.de/10010262112

Wage Rigidities in Western Germany?

Puhani, Patrick A. - 2001

This paper investigates whether and in what sense the west German wage structure has been ?rigid? in the 1990s. To test the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a methodology which makes less restrictive identifying...

Persistent link: https://www.econbiz.de/10010262540

A Test of the ?Krugman Hypothesis? for the United States, Britain, and Western Germany

Puhani, Patrick A. - 2003

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the...

Persistent link: https://www.econbiz.de/10010262722