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due to selection versus actual productivity differences. Whereas previous empirical work has focused on schooling … selection due to both cognitive ability and schooling attainment does not explain more than a small fraction of the sizeable … urban-rural wage gap in Kenya, suggesting that productivity differences across sectors remain large. …
Persistent link: https://www.econbiz.de/10008559069
The main purpose of the paper is to analyze different channels for innovations. We consider the influence of various incentives for innovation in Russian companies taking into account the organization of industries — vertical or horizontal orientation, peculiarities of corporate demography,...
Persistent link: https://www.econbiz.de/10014153492
This paper considers a generalized panel data model of polychotomous and/or sequential switching which can also accommodate the dependence between unobserved effects and covariates in the model. We showcase our model using an empirical illustration in which we estimate scope economies for the...
Persistent link: https://www.econbiz.de/10011108833
regressors in both the selection and outcome equations and can accommodate the presence of predetermined covariates in the model …
Persistent link: https://www.econbiz.de/10011109001
This paper considers a flexible panel data sample selection model in which (i) the outcome equation is permitted to … interest, (ii) both the outcome and (parametric) selection equations contain unobserved fixed effects and (iii) selection is … generalized to a polychotomous case. We propose a two-stage estimator. Given consistent parameter estimates from the selection …
Persistent link: https://www.econbiz.de/10011109577
This paper examines the selection biases in the cyclical behaviour of real wages using the German Socio-Economic Panel …
Persistent link: https://www.econbiz.de/10011109630
education choice) and risk (unknown to the individual). The risk estimates are corrected for selection by applying the selection …
Persistent link: https://www.econbiz.de/10011109705
This paper provides empirical evidence of advantageous selection in insurance markets. By using a novel insurance … setting where moral hazard is not a concern, I am able to overcome an important obstacle in most studies of selection: the … inability to distinguish moral hazard from selection. In the US market for area yield crop insurance, payouts are based on …
Persistent link: https://www.econbiz.de/10011258574
, traditional Ordinary Least Square estimates may be biased by selection problems and mix-ups of age group heterogeneity. Hence, we … estimate the marginal effects of schooling with the increasing labour markets experience, using the Heckman Selection Model. We …
Persistent link: https://www.econbiz.de/10011258797
The personality traits which include physical appearance in particular always matter once an organization goes for hiring new entrants. The principal point of this study is to comprehend the relationship of a candidate's physical appearance, qualification, dressing style, attractive...
Persistent link: https://www.econbiz.de/10011259768