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, we present a new estimation method based on an EM algorithm that allows us to fully consider the effect of unobserved …
Persistent link: https://www.econbiz.de/10015219306
, we present a new estimation method based on an EM algorithm that allows us to fully consider the effect of unobserved …
Persistent link: https://www.econbiz.de/10015220019
this paper, we propose a new estimation method based on an EM algorithm that allows us to fully consider the effect of …
Persistent link: https://www.econbiz.de/10015220406
A widely shared intuition holds that individual control over money matters forthe decision process within the household and the subsequent distribution of re-sources and welfare. As a consequence, there are good reasons to depart from theunitary model of the household and to explore the...
Persistent link: https://www.econbiz.de/10009475669
from a joint to an individual taxation system inFrance. We show that the net-of-tax relative earning potential of the wife … is a significant determinant of intrahousehold negotiation but with very low elasticity. Consequently, the labor supply …
Persistent link: https://www.econbiz.de/10009475670
We suggest a methodology to calibrate a collective model with household-specific bargaining rules and marriage-specific preferences that incorporate leisure externalities. The empirical identification relies on the assumption that some aspects of individual preferences remain the same after...
Persistent link: https://www.econbiz.de/10009475671
In this paper I will exploit answers coming from the British Election Study in order to assess the validity of the Single Mindedness Theory. In particular, I will evaluate whether political preferences of voters for political candidates depend on their age and some other characteristics such as...
Persistent link: https://www.econbiz.de/10015225333
The aim of this study is to analyze and compare the results from Propensity Score Matching (PSM) and Spatial Hedonic Prices (SHP) methodologies estimating value fluctuations on residential proprieties in Bogotá (Colombia). Specifically, this study examines value fluctuations on residential...
Persistent link: https://www.econbiz.de/10015230943
This article is an empirical study of residential land values in the vicinity of the TransMilenio system (Bus Rapid Transit, BRT) in Bogota´ (Colombia). The results have been established through impact evaluation by means of nonparameteric approaches (Propensity Score Matching, PSM) and...
Persistent link: https://www.econbiz.de/10015230945
General parametric forms are assumed for the conditional mean λ_{t}(θ₀) and variance υ_{t}(ξ₀) of a time series. These conditional moments can for instance be derived from count time series, Autoregressive Conditional Duration (ACD) or Generalized Autoregressive Score (GAS) models. In...
Persistent link: https://www.econbiz.de/10015265940