The popular quantile regression estimator of Koenker and Bassett (1978) is biased if there is an additive error term. Approaching this problem as an errors-in-variables problem where the dependent variable suffers from classical measurement error, we present a sieve maximum-likelihood approach...

Since the advent of heteroskedasticity-robust standard errors, several papers have proposed adjustments to the original White formulation. We replicate earlier findings that each of these adjusted estimators performs quite poorly in finite samples. We propose a class of alternative...

Over the period 1960 - 1983 the proportion of federal tax revenue raised by taxation of labor supply has risen from 57-77 percent. In this paper, we specify and estimate a model of family labor supply which treats both federal and state taxation. Husbands and wives labor supply are treated...

A Poisson specification of the relationship between atmospheric pollution and lost work days is estimated.An important feature of the procedure is control for city-specific effects. A major source of ambiguity in interpreting the results of observational data on pollution versus health status or...

Four sources of bias in the Consumer Prices Index (CPI) have been identified. The most discussed is substitution bias, which creates a second order bias in the CPI. Three other changes besides prices changes create first order effects on a correctly measured cost of living index (COLI). (1)...

The goal of the paper is to set forth general guidelines that we believe would enhance the usefulness of future social experiments and to suggest ways of correcting for inherent limitations of them. Although the major motivation for an experiment is to overcome the inherent limitations of...

This paper measures for the first time the economic efficiency effects of the taxation of wireless services, which are taxed by federal, state, and local governments at relatively high rates in the range of 14%-25%. The paper concludes such taxes are a much greater drain on the economy than...

This paper extends earlier work on the R&D to patents relationship (Pakes-Griliches 1980, and Hausman, Hall, and Griliches, 1984) to a larger but shorter panel of firms. Using both non-linear least squares and Poisson type models to treat the problem of discreteness in the dependent variable the...

Consumers often benefit from increased competition in differentiated product settings. In this paper we consider consumer benefits from increased competition in a differentiated product setting: the spread of non-traditional retail outlets. In this paper we estimate consumer benefits from...

This paper considers both theoretical quest ions and empirical measures of the effects of various policies of income and payroll taxation on labor supply. It emphasizes deadweight loss as the correct criterion of taxation evaluation, rather than merely output effects. Distributional issues are...