Showing 1 - 10 of 194
, such as a regression function, and treating it as a conditional expectation is central to its identification and estimation … intuition about identification and estimation for endogenous nonparametric regression and related models. …
Persistent link: https://www.econbiz.de/10009430113
We use instrumental variables methods to disentangle the effect of founder–CEOs on performance from the effect of performance on founder–CEO status. Our instruments for founder–CEO status are the proportion of the firm's founders that are dead and the number of people who founded the...
Persistent link: https://www.econbiz.de/10009448159
In this paper we focus on education as a private decision to invest in ‘human capital’ and the estimation of the rate … returns to the individual is compelling. Despite some of these issues surrounding the estimation of the return to schooling …
Persistent link: https://www.econbiz.de/10009475659
We propose a new method to find spatially adaptive smoothing splines. This new method breaks down the interval [0, 1] into p disjoint sub-intervals. Then we define p functional components in [0, 1], which have two importantfeatures. First, the purpose of each of these p components is to estimate...
Persistent link: https://www.econbiz.de/10009429662
Persistent link: https://www.econbiz.de/10010353278
In the ¯rst of the essays, I reassess the relationship between premarital cohab-itation and marital instability both theoretically and empirically. It has become astylized fact that premarital cohabitation is positively correlated with the likelihood ofmarital dissolution. This is...
Persistent link: https://www.econbiz.de/10009429603
analyses are biased due to unmeasured confounding. The instrumental variables (IV; Angrist et al., 1996) and G-estimation … investigate the validity of these IV methods for estimation under a log-linear SNMM. The results show that the IV estimators are … biased in the presence of unmeasured confounding. Therefore, we consider the G-estimation approach as an alternative solution …
Persistent link: https://www.econbiz.de/10009439201
Diese Arbeit umfasst eine Darstellung des Grossman-Modells und der Akkumulation von Gesundheitskapital. Es werden ältere empirische Untersuchungen (Wagstaff) vorgestellt und aus methodischer Sicht kritisiert, verbesserte ökonometrische Methoden vorgeschlagen und deren Anwendung in aktuellen...
Persistent link: https://www.econbiz.de/10009471616
I develop an empirical model that estimates a firm-specific accrual noise ratio (ANR), an operational and statistically grounded measure of accrual reliability, and test the measure's construct validity. The model allows accrual reliability to vary across firms, which is particularly important...
Persistent link: https://www.econbiz.de/10009475468
-error correlations (endogeneity) are likely to be present. The LIV method utilizes a discrete latent variable model that accounts for …
Persistent link: https://www.econbiz.de/10009477430