We estimate a semiparametric dynamic panel data model by the local linear kernel method and we interpret the slope of the nonparametric component function as a varying slope coefficient. Thus, the slope coefficient is a smooth, but otherwise unknown, function of some of the regressors. A Monte...

Our research clarifies the conceptual linkages among willingness to pay for additional safety, willingness to accept less safety, and the value of statistical life (VSL). We present econometric estimates that in the important case of workers' decisions concerning exposure to fatal injury risk...

Kniesner and Ziliak determine how progressive taxation of both wage and capital incomes affects the lifetime supply of labor.

Kniesner and Ziliak determine how progressive taxation of both wage and capital incomes affects the lifetime supply of labor.