Showing 1 - 10 of 474
As a unified discipline, econometrics is still relatively young and has been transforming and expanding very rapidly over the past few decades. Major advances have taken place in the analysis of cross sectional data by means of semi-parametric and non-parametric techniques. Heterogeneity of...
Persistent link: https://www.econbiz.de/10012773713
In this paper, we attempt to explain differences between the US and UK household wealth distributions, with an emphasis on the quite different porfolios held in stock and housing equities in the two countries. As a proportion of their total wealth, British households hold relatively small...
Persistent link: https://www.econbiz.de/10012787120
Economic theory rarely provides a parametric specification for a model, but it often provides shape restrictions. We consider nonparametric estimation of the heterogeneous demand for gasoline in the U.S. subject to the Slutsky inequality restriction of consumer choice theory. We derive...
Persistent link: https://www.econbiz.de/10010827544
Persistent link: https://www.econbiz.de/10010681531
This paper presents a test for exogeneity of explanatory variables that minimizes the need for auxiliary assumptions that are not required by the definition of exogeneity. It concerns inference about a non-parametric function "g" that is identified by a conditional moment restriction involving...
Persistent link: https://www.econbiz.de/10005251015
This paper presents a test for exogeneity of explanatory variables that minimizes the need for auxiliary assumptions that are not required by the definition of exogeneity. It concerns inference about a non-parametric function g that is identified by a conditional moment restriction involving...
Persistent link: https://www.econbiz.de/10010637938
We investigate the e¤ect of studying abroad on international labor market mobility later in life for German university graduates. As a source of identifying variation, we exploit the introduction and expansion of the ERASMUS student exchange program, which significantly increases a student's...
Persistent link: https://www.econbiz.de/10009439989
We study the intergenerational effects of maternal education on children's cognitive achievement, behavioural problems, grade repetition and obesity. We address endogeneity of maternal schooling by instrumenting with variation in schooling costs when the mother grew up. Using matched data from...
Persistent link: https://www.econbiz.de/10005498098
We investigate the e¤ect of studying abroad on international labor market mobility later in life for German university graduates. As a source of identifying variation, we exploit the introduction and expansion of the ERASMUS student exchange program, which significantly increases a student's...
Persistent link: https://www.econbiz.de/10011071159
We study the intergenerational effects of maternal education on children's cognitive achievement, behavioral problems, grade repetition and obesity. We address endogeneity of maternal schooling by instrumenting with variation in schooling costs when the mother grew up. Using matched data from...
Persistent link: https://www.econbiz.de/10005763804