The paper introduces the appropriate within estimators for the most frequently used three-dimensional fixed effects panel data models. It analyzes the behavior of these estimators in the cases of no self-flow data, unbalanced data, and dynamic autoregressive models. The main results are then...

This paper examines point and density forecasts from the European Central Bank’s Survey of Professional Forecasters. We derive individual uncertainty measures along with individual point- and density-based measures of disagreement. We also explore the relationship between uncertainty and...

The paper introduces the appropriate within estimators for the most frequently used three-dimensional fixed effects panel data models. It analyzes the behavior of these estimators in the cases of no self-flow data, unbalanced data, and dynamic autoregressive models. The main results are then...

It is often difficult to choose between quantitative and qualitative research design. At times, a researcher may choose a design because he or she is more familiar with one method or the other or a colleague recommends a particular design. However, our research will be more helpful if we make...

One educator claims that the education system is useless for most students since it does not provide skills or make learning enjoyable. This may be one reason a researcher asserts that half of the 4,000 colleges and universities in the United States will be bankrupt within the next few decades....

This paper discusses a paradigm for rating college presidents that stresses factors that provide long-term value such as vision, faculty engagement, building a learning organization, providing ethical leadership, increasing student satisfaction, and enhancing the reputation of the organization....

This paper establishes that when equations connecting coefficients from reduced forms with their structural counterparts are inconsistent, a necessary and sufficient condition standard in econometric textbooks for the identifiability of coefficients in linear simultaneous equations systems is...

This paper studies the relationship between lobbying, free emission allowance allocation and firm outcomes in the European Union Emissions Trading System (ETS). I draw on administrative data from the EU Transpareny Register (TR) and the European Union Transaction Log (EUTL), and construct a...

Despite the widespread use of graphs in empirical research, little is known about readers' ability to process the statistical information they are meant to convey ("visual inference"). We study visual inference within the context of regression discontinuity (RD) designs by measuring how...

We consider the application of a control variate technique for Deep Learning. In analogy to applications for Monte Carlo simulation or Fourier integration methods, this technique improves the quality of deep learning applied to option pricing problems. Many well known approximation methods are...